6) Until June 24, 2002, the Trust held 350 Shares of Phillip Morris Companies (maker of Nabisco crackers and yes, cigarettes too). The value of these stocks as of April 30, 2002 were $54.43 each or a total asset worth of $19,050.00. [These shares were listed in the Asset Description section of the 990 Filings under "Consumer Staples"]
Who authorized sale of these stocks??? And interesting that just about anyone on the net could find and download copies of the HR trust fund and see..CLEARLY; that if someone on the internet could access this information......Then most definitely the WTBTS did too.! So stop it!! Just stop talking in a convoluted manner.
The fact is if I set up a trust fund here and they consist of shares in pharmaceuticals that my beneficiaries may not agree with..They are certain to inquire as to what this trust fund consists of..You really are stretching it mate.
7) On June 24, 2002, these 350 shares in Phillip Morris Co. were sold at a market rate of $49.53 each ($17,335.50).
How bloody fascinating that they did sell them. The fact is, there has to be accountability for what ever the managers of that trust fund do. And logically, that accountability has to be explained and approved. You are so bloody stupid. I have every single document you jerk. So just stop lying....Re read you theory again. For it is not accurate. You have not looked into the intricasies of such matters. You then go on to "patronize" us, by saying ...."Oh by the way,.......
The trust assets as of April 30, 2005 consisted of approximately 48% Oil & Gas Royalties (from owned or leased Oil/Gas wells I assume) and the remainder of the assets in Corporate Stocks (22%), Corporate Bonds (14%) & Mutual Funds (16%).
Such an illogical explanation that shot you in your own foot. Read up on trust funds again, for you are not very well versed on the topic. WTBTS KNEW. And they took their sweet time in "selling off". Bet they don't mind all the other shoddy funds they are well invested in.
Don't you dare talk down to me to them, to us...jerk!!!