LEWISBURG, TN – The Steve Smith/Walt Smith Administration has not provided the Directors of the Tennessee Walking Horse Breeders & Exhibitors any normal Financial Reports since January 2014.
Unrest is growing in the Directors ranks due to the lack of transparency by Smith and Chism regarding the finances of the Association.
The person apparently overseeing the Association’s finances is VP Fiscal Affairs Christy Lantis.
According to the pitifully thin April edition of the Voice Magazine, the Smith & Chism regime has cash on hand of $373,000.00 down 33% or $180,000.00 from the $553,000.00 what TWHBEA had on hand in March 2012.
Since taking office, the furtive Smith & Chism have maintained a veil of secrecy around the TWHBEA Board Room. They have apparently spent most of their time plotting how to sustain the sore Big Lick while the Tennessee Walking Horse breed has been outcast from the equine world and the once proud breed association spirals downward.
The Steve Smith approach has been to forgo donuts and alter TWHBEA merchandise to try and hide the sore Big Lick image from the public.
So far, Smith, Chism & Company have succeeded in incurring the ire of the American Veterinary Medical Association, The American Equine Practitioners Association, The United Equestrian Federation and The American Horse Council.
All of these powerful organizations are now lined up against the sore Big Lick Smith & Chism regime in a big way. They have staying power and long memories.
Last September, TWHBEA had 6,950 members eligible to vote.
Informed observers believe that since September 2013, TWHBEA is losing an average of 75-100 members a month, and that TWHBEA ranks are now down to approximately 6,350 members and continuing to fall each week.
Early reports confirm that mares are being not bred, and horses are not being registered or sold.
While running for TWHBEA President, Steve Smith‘s words were:
So far, Steve “UR” Smith has smugly succeeded in presiding over a sinking ship, and not much else. He’s learning it’s 2014, not 1997.
Smith and his pro sore Big Lick Executive Committed have acted against the WILL of TWHBEA members who voted landslide 63% for passage of the PAST ACT last October.
In an effort to prop up the sore Big Lick, Steve Smith, Walt Smith and the majority Horse of the Protection Act Citation folks on the Executive Committee support the Alexander/Blackburn BILLS TO ENABLE SORING.
The overwhelming majority of the TWHBEA members support the PAST ACT.
THE LAST FINANCIAL NUMBERS PROVIDED BY SMITH & CHISM
MEMBERS RENEWING RENEWAL INCOME
JANUARY 2012 929 $49,950.00
JANUARY 2013 722 40,415.00
JANUARY 2014 621 36,390.00
33% LOSS $13,560.00 DECREASE
FIRST TIME FOAL REGISTRATIONS
JANUARY 2012 $17,245.00 340 (90-FREE)*
JANUARY 2013 10,100.00 192 (64 FREE)*
JANUARY 2014 9,538.00 201 (55 FREE)*
JANUARY 2012 $17,190.00 548 (132-FREE)*
JANUARY 2013 12,690.00 413 (107 FREE)*
JANUARY 2014 11,322.00 411 (111 FREE)*
*SMITH/CHISM ELIMINATE PERK OF ONE FREE FOAL REGISTRATION
MARES BRED FOALS REGISTERED
2008 9,869 –
2011 8,341 –
2012 7,600 3,915
2013 5,920 4,154
COMPARISON 2008 VS 2013 60% LOSS
STEVE SMITH EXECUTIVE COMMITTEE ““ 7 HPA CITATION HISTORY
President Steve Smith ““ (HPA CITATION HISTORY)
Sr. VP Walt Chism
Secretary Loren Anderson
Admin/Fiscal Christy Lantis
Marketing Ashley Wadsworth
Performance Ford Gates (HPA CITATION HISTORY)
VP Pleasure Jessica Hieback
VP O/E Int’l Denise Bader ““ (Husband ““ HPA CITATION HISTORY)
VP Trng/EquineWelfare Linda Montgomery ““ (HPA CITATION HISTORY)
VP Breeders David Williams ““ (Employer Has HPA Family Citation History)
VP Youth Sherry White – (HPA FAMILY HPA CITATION HISTORY)
VP Bylaws/Enf Tom “I’M A PROUD HPA VIOLATOR” Kakassy ““ HPA CITATION HISTORY
Stay tuned on this one.