‘DER SPIEGL’ EDITOR JEFFREY HOWARD DECLARES TWHBEA NOW PROFITABLE BASED ON A “MISSING COMMITTEE REPORT” – EPISODE 3 – THE DOG ATE THE FINANCIAL REPORT

LEWISBURG, TN –  Mr. Jeffrey Howard, wears many hats in the sore Big Lick Kingdom:

  • PSHA Spokesperson
  • Editor,  The Walking Horse Report a/k/a “Der Spiegl”
  • Propagandist for the Sore Big Lick
HERR JOSEPH GOEBBELS - HERR HITLER'S PROPAGANDIST

HERR JOSEPH GOEBBELS – HERR HITLER’S PROPAGANDIST

http://www.walkinghorsereport.com/news.aspx?cid=11348

Herr Howard published an article today which included the following statement:,

THE WALKING HORSE REPORT  

“Committee reports were given and will be included in the December 15th issue of Walking Horse Report.  The major highlight from the committee reports was that TWHBEA has shown a profit the last six months.

Yet, Herr Howard prints no Financial Statements nor the alleged “Committee Reports” which back up his article.

It is rather strange how quickly the sore Big Lick grasps at any straw that might resemble “good news”,  yet nonchalantly fails to make public data to support its claim that financially troubled TWHBEA,   after losing over 20% of its members in the last 12 months,  has suddenly and miraculously become profitable.

So absent a Financial Statement prepared by a CPA firm, or the Membership, Foal Registrations and Stallion Breeding Reports,  Mr. Howard’s claim that TWHBEA has “shown a profit the last six months” appears highly suspect.

Some say that this fellow was seen today in the Halls of TWHBEA.

JEFFREY HOWARD AT IT AGAIN.

Since TWHBEA President Steve Smith apparently chose to not provide hard numbers to support The Walking Horse Report’s article,  here are the TWHBEA numbers through AUGUST 2014.

TWHBEA PRESIDENT STEVE SMITH,  U. S. SENATOR LAMAR ALEXANDER CAMPAIGN FINANCE CHAIRMAN

TWHBEA PRESIDENT STEVE SMITH, U. S. SENATOR LAMAR ALEXANDER CAMPAIGN FINANCE CHAIRMAN

These numbers tell an entirely different story than what WHR Editor Mr. Jeffrey Howard published today.

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THE OFFICIAL TWHBEA NUMBERS THROUGH AUGUST 2014

1.  MEMBERSHIP

THERE IS 30% LOSS IN MEMBER REVENUE FROM 2012 TO 2014

TWHBEANUMBERSMEMBERS01

$ 276,782.00

TWHBEANUMBERSMEMBERS02

$    327, 340.00

TWHBEAMEMBERSNUMBERS03

$  391,130.00

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2.  FOAL REGISTRATIONS

FOAL REGISTRATIONS  (THROUGH 2014)

THERE IS 26.45% LOSS IN FOAL REGISTRATION REVENUE FROM 2012 TO 2014

2013 – 2014

TWHBEAFOALSNUMBERS01

$84,179.00

2012 – 2013

TWHBEAFOALSNUMBERS02

$      115,089.00

2011 – 2012

TWHBEAFOALSNUMBERS03

$         114,459.00

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3.   HORSE TRANSFERS

TRANSFERS (THROUGH 2014)

THERE IS  22.95%  LOSS IN TRANSFER REVENUE FROM 2012 TO 2014

2013 – 2014

TWHBEATRANSFERSNUMBERS01

$125,308.00

2012 – 2013

TWHBEATRANSFERSNUMBERS02

 $    125,056.00

2011 – 2012TWHBEATRANSFERSNUMBERS03

$        162,615.00

—————————————————————————

4.   STALLION BREEDING REPORT (THROUGH 2013)

THERE IS 77.50% DECREASE IN MARES BRED FROM 2003 TO 2013

THERE IS 82.72% DECREASE IN MARES BLOOD TYPED FROM 2003 TO 2013

STALLIONBREEDINGREPORTA

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So It’s somewhat questionable that Mr. Howard will accept at face value a               “Committee Report’ with no supporting Official Reports other than “Assurances” that all of a sudden an organization which is hemorrhaging members and steadily declining revenues has suddenly become profitable.

IS WHR EDITOR JEFFREY HOWARD AT IT AGAIN???

JEFFREY HOWARD AT IT AGAIN.