Accountability

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There won't be any quick decisions made, folks. I'm going to do some careful thinking, I'm going to talk to people and get recommendations and advice.

All I know for absolute certain is that $2000 will go immediately to Cyberstreet and that ENnies debts will be paid off.

Options include but are not limited to advance payment of hosting and a server upgrade. I don't have a clue how much the server would cost yet (I've had various people tell me it would cost differing amounts between $1000 and $5000, so some careful investigation is needed).

Asking questions is cool, but let's try and do it in a way which doesn't sour the mood which has been prevalent here over the last day or so. Let's let people feel elated and triumphant for a little while, eh?

Thanks Morrus! Let us know some of what you come up with when you decide! Not out of accountability, but because I can't wait to find out. I'm looking forward to a server upgrade, if that ends up being possible. But more than anything, I'm glad you were able to get the site out of debt. I know what the pressure of debt is like, and I don't envy what you were going through. It's awesome that the weight has been lifted for now. Enjoy!
 

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These questions of accountability are saddening.

I'm not sure what peopl think has gone on here for the last day or so, so let me bring you up to speed.

A Guy we know--who runs a website we hang out at--got into dire financial straits becasue if that website.

He (no, not him, a group of his friends) asked the website community to help out.

LEGIONS of them did so.

That's all. There was no public offering of stock, no formation of a board of directors...nothing like that.

Anyone who thought they were "investing" their money in anything misunderstood. You weren't asked to invest; you were asked to give.

So don't go banging the table demanding a business plan or expecting input into the way things are run. You were asked for help and, God bless you, you came through.

Feel good about that. Don't get all "how is *my* money being spent? I demand to know! I am an investor!"

Because you aren't.

You're "one of the gang"
 
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Teflon Billy said:
These questions of accountability are saddening.

I'm not sure what peopl think has gone on here for the last day or so, so let me bring you up to speed.

A Guy we know--who runs a website we hang out at--got into dire financial straits becasue if that website.

He (no, not him, a group of his friends) asked the website community to help out.

LEGIONS of them did so.

That's all. There was no public offering of stock, no formation of a board of directors...nothing like that.

Anyone who thought they were "investing" their money in anything misunderstood. You weren't asked to invest; you were asked to give.

So don't go holding your breath for a business plan or expecting input into the way things are run. You were asked for help and, God bless you, you came through.

Feel good about that. Don't get all "how is *my* money being spent? I demand to know! I am an investor!"

Cause you aren't. You're "one of the gang"

And here I thought we were all getting along again :D
 

Morrus said:
Options include but are not limited to advance payment of hosting and a server upgrade. I don't have a clue how much the server would cost yet (I've had various people tell me it would cost differing amounts between $1000 and $5000, so some careful investigation is needed).

Morrus, if I can be of any help in this matter just give me a holler, Myself and a number of the techs that I work with build/install/maintain servers for a living. Specializing in database serving. We have done a lot of work on loads, expected performance per dollar, etc...


RX
 


Teflon Billy said:
These questions of accountability are saddening.

I'm not sure what peopl think has gone on here for the last day or so, so let me bring you up to speed.

A Guy we know--who runs a website we hang out at--got into dire financial straits becasue if that website.

He (no, not him, a group of his friends) asked the website community to help out.

LEGIONS of them did so.

That's all. There was no public offering of stock, no formation of a board of directors...nothing like that.

Anyone who thought they were "investing" their money in anything misunderstood. You weren't asked to invest; you were asked to give.

So don't go banging the table demanding a business plan or expecting input into the way things are run. You were asked for help and, God bless you, you came through.

Feel good about that. Don't get all "how is *my* money being spent? I demand to know! I am an investor!"

Because you aren't.

You're "one of the gang"
Preach on Brutha Billy!!
 

Morrus said:
Asking questions is cool, but let's try and do it in a way which doesn't sour the mood which has been prevalent here over the last day or so. Let's let people feel elated and triumphant for a little while, eh?

When someone contributes money to an endeavour in a public fashion (i.e. soliciting donations) there should be some accounting as to where that money is going.

The difference is that no one should assume Morrus has any bad intentions for that money. Morrus has a very good track record for running ENWorld responsibly and well.

Accounting for the money should be after the fact; at some point in the future Morrus should be putting up an open letter saying that he is buying a new server and moving the site to a new host and that this is going to cost X amount of dollars.... That should be enough to satisfy everyone. We should not be putting Morrus under a gun and demand a penny by penny acounting of exactly where and what the money was used for.

If the funds run low then Morrus and the Expeditious Press people should be kind enough to put a reminder up to keep at least the minimum money coming in (enough to cover hosting costs)

For right now just be happy that you have somewhere to post at, and it is a user supported endeavour... :)
 

At some point, Morrus has at his disposal quite the team of volunteers to deal with this issue. He has a former Bank VP with business plan experience offering to help with a business plan. He has an attorney with both net business plan and non-profit (or for-profit) incorporation experience. He has a tech available to donate time to put a new server together. I know there is a very experienced accountant/finance guy (currently the CFO of an ad agency) who frequents this board and would likely donate his time.

And I am willing to bet he will have any other professional he might need available and willing to donate their time and services.

So, I really wouldn't worry too much about it. At some point, when things calm down, I'm sure he will come up with a great plan to make sure this issue doesn't happen ever again.
 

You'll all probably be interested to hear that some of the money has already been used. Cyberstreet has already been paid $2000, and all ENnies costs from earlier this year have now been repaid to the various people who were owed. That's all debt cleared, which was my first priority.

We're a little worried about tax etc., because we don't want to be taxed by the US government and then by the UK government, but we should figure out the best way to handle that soon. Apparently Joe has a tax lawyer in the family. :)
 
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Morrus said:
That's all debt cleared, which was my first priority.

Yeah, right. We know the first $1,000 went to ALE AND WHORES. You gotta respect tradition.

-- N, keepin' it real
 

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