<html><body><div style="color:#000; background-color:#fff; font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:12pt"><div style="font-family: HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif; font-size: 12pt;"><div style="font-family: HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif; font-size: 12pt;"><div class="y_msg_container"><div id="yiv7420703722"><div><div style="color:#000;background-color:#fff;font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:12pt;"><div id="yiv7420703722"><div><div style="color:#000;background-color:#fff;font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:12pt;"><div class="yiv7420703722" id="yiv7420703722yui_3_16_0_6_1409527776194_9" style="font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande,
sans-serif;font-size:12pt;"><div class="yiv7420703722" id="yiv7420703722yui_3_16_0_1_1409527776194_24951" style="font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:12pt;"> </div> </div> The July End-of-Month financial reports are attached. I sent these last weekend, but from the wrong address so it apparently got rejected.<br style="" clear="none"><br class="yiv7420703722" style="" clear="none">We are still in the hole in terms of the reserve requirement, being at -$12,871 at the end of July and expect
to be no better for August.<br class="yiv7420703722" style="" clear="none"><br class="yiv7420703722" style="" clear="none">Our accounts payable at the end of July was $45,376, and is currently $31,256. We are making some progress with the Hyatt Regency Columbus being the biggest chunk still to be paid off.<br clear="none"><br clear="none">Tim Hagan</div></div></div></div></div></div><br></div> </div> </div> </div></body></html>