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February 12, 2012

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CynicalObserver

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I don't mean to be snarky, but what corporate documents is The Sun talking about? I just went on the NYSE website, and there's nothing new posted in terms of Las Vegas Sands' disclosure filings with the SEC. See: http://secfilings.nyse.com/files.php?sym...

(Suggest removal) 1/28/12 at 6:16 p.m.

Part 2

How soon is soon?

Apparently, the Homeless Youth Foundation has been operating since 2008, so given that the HYF website says the "Audit and Financials will be available soon in pdf format" one would assume that the Audited Financial Statements would already be "ready" or finished for 2008, 2009 and 2010, as well as HYF's IRS Form 990 tax returns for 2008, 2009 and 2010.

While, as far as I know, the Homeless Youth Foundation's Financial Statements and IRS 990's don't have to be posted online, if HYF is to hope to continue to function as a useful and important charitable foundation/non-profit corporation, it will be important that those documents be made public ASAP. That would be especially important given that in the 2009 Audited Financial Statement for Nevada Partnership for Homeless Youth (viewable on its website as of 1/26/12) had, at "Note 4" reference to a transfer of roughly $300,000 of Partnership for Homeless Youth's restricted and unrestricted funds were 'transferred to an affilated non-profit corporation'. One must assume that the roughly $300,000 of NPHY money went to this "Homeless Youth Foundation".

The question of the evening is whether Ms. Boutin-Vermillion is also gone as Executive Director of this lesser known "affiliated" Nevada non-profit corporation, as well as how that roughly $300,000 was spent by Homeless Youth Foundation.

So sad for all of the nice people who are volunteer Directors and Advisors for these organizations, so sad for the donors, so sad for the kids who needed every dime donated to help them.

(Suggest removal) 1/27/12 at 7:31 p.m.

Part 1 of 2

Tonight TV news stations are telling us that Kathleen Boutin-Vermillion is no longer associated with Nevada Partnership for Homeless Youth (NPHY).

However, according to the Nevada Secretary of State's online corporate records as of 1/26/12, HOMELESS YOUTH FOUNDATION (HYF) is a Nevada non-profit corporation incorporated June 30, 2008. It is Nevada Entity E0428492008-5. In a regular List of Officers & Directors for HYF, filed with the Secretary of State on May 11, 2011, signed by Ms. Boutin, she is listed as Registered Agent for Service of Process and as Executive Director.

Sadly, Mrs. Sandy Miller is listed as a Director, i.e. Member of the Board of Directors with an address on that same residential street in Henderson starting with "C" where Ms. Boutin listed herself as the person to serve in lawsuits against Homeless Youth Foundation or Nevada Partnership for Homeless Youth and Homeless Youth Foundation. I doubt Mrs. Miller lives or works at that address. On HYF's website as of 1/26/12, Mrs. Miller is touted as a former Nevada First Lady, and mother of the current Secretary of State. Sadly someone running HYF was trying to give HYF the appearance of legitimacy On that same Secretary of State filing for HYF, Marcus Conklin is listed as President, Jasen Cassady is listed as Treasurer and Tim Herbst is listed as Secretary of HYF. None of those three are listed as members of the Board of Directors.

In contrast on 1/26/12, on HYF's website, http://www.homelessyouthfoundation.org/u... a shadow tab when you mouse over "About Us", Kathleen Vermillion, Sandy Miller, Tim Herbst, Jasen Cassady and Mark Fiorentino are listed as "Trustees". In non-profit corporate law parlance a foundation (other than a private family foundation) and a corporation are the same, and Directors and Trustees serve the same function. Yet for some odd reason Ms. Vermillion and Mr. Fiorentino are not listed in the HYF filing with the Secretary of State as Directors or Trustees.

On the Homeless Youth Foundation website, at "Credentials" http://www.homelessyouthfoundation.org/c... there is a copy of an IRS 501(c)(3) status approval letter for HYF addressed to "Ms. Butin" on that "C" named residential street in Henderson and dated March 20, 2009. The "Credentials" page of the HYF website also has a pdf of some unsigned Bylaws, and a statement (not a link) which says "Audit and Financials will be available soon in pdf format"

How soon is soon?

(Suggest removal) 1/27/12 at 7:28 p.m.

During the saga of the extortion attempt against Bill Cosby, by his allegedly illegitimate daughter, meetings of the parties occurred including the extortionist/alleged adult illegitimate daughter, her accomplices, Cosby and his lawyers, and extortion threats occurred in the view of the FBI. The alleged illegitimate daughter and her two accomplices were tried in U.S. District Court, and all 3 were convicted of some sort of Federal extortion conspiracy crime. (Sounds like the Medical Mafia cases, tried and plea bargained despite everything being "kosher" under Nevada law in the minds of the defendants.) Bill Cosby's alleged illegitimate daughter/extortioner did 26 months in a Federal pen. I couldn't figure out what happened to the 2 accomplices who were convicted. One can find these old stories by running internet searches using key words like "Bill Cosby" and "extortion".

More recently, David Letterman was the victim of an extortion attempt by an Emmy award winning CBS TV producer, who was angry that Mr. Letterman allegedly had an affair with the producer's youngish girlfriend BEFORE Mr. Letterman was married. Mr. Letterman cooperated with law enforcement, and the TV producer was convicted by way of plea bargain in New York State criminal court, and just recently got out of jail according to one news story I read. The extortioner and his lawyer put up quite a lot of screeching that it wasn't an extortion, but instead an attempt to sell a screenplay about how Mr. Letterman "treated women on his staff" to Mr. Letterman as the potential producer of a movie about his 'bad self'. Again, these news stories can be found by internet searching "David Letterman" and "extortion".

So I guess these sorts of extortion plots are common against "people with money". Glad I'm just a poor progressive civil libertarian.

(Suggest removal) 1/27/12 at 6:22 p.m.

"A sop to environmentalists, he added that companies would need to divulge lists of chemicals used when drilling on public lands."

Thank you Joe Schoenmann for using the right words.

Barack Obama is the Charlatan in Chief. He'll say anything to anybody to get re-elected, even if what he says to one group is a dire detriment to another, especially ordinary people who are "part of his base".

I was getting irritated with the Republicans for demanding to see Obama's college grades, but now I agree with them. Exactly what science courses did he take and pass in college? Vegetable Gardening 101?

Barack Obama obviously knows nothing about geology, ground water hydrology, and the chemistry of toxics in drinking water.

America's drinking water is awash in toxic chemicals, in every state, in every major metropolitan area. We all know the Charlatan in Chief is talking about "fracking" to increase natural gas production.

It's so nice that he will require "disclosure" of the chemicals used for fracking to pump natural gas on public lands. Such a tiny little sop to plaintiffs' lawyers to help them expedite their lawsuits against the natural gas extraction companies for contaminating ground water aquifers which supply water to individuals, farms and cities.

It's bad enough in most states that ordinary citizens are being forced to protect their drinking water from fracking chemicals used on private land. Soon they'll get to defend their drinking water from fracking chemicals used on public land.

Barack Obama, the smartest Republican President since Bill Clinton.

(Suggest removal) 1/26/12 at 10:21 p.m.

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