Taco Island Charities Bottom Line

[Taco Island Charities]

Sometimes, with a company like TIC, it's difficult to figure out exactly where the money's coming from or where it's going. In the interest of accountability, I thought it was time to show all of you where the money comes from and where it's going.

Taco Island Charities will, every quarter, attempt to donate 100% of its assets to new nations, with some limits. TIC's assets are:
A) Existing assets from previous quarters.
B) Donations received this quarter.

At the moment, TIC has existing assets of:
20719 + (500*30 ) = 35719
This includes:
11719 tacos existing in the account
9000 tacos invested in the XKI Investment Corporation.
500 shares currently valued at 30 per.[/size][/color]

At the moment, TIC is expecting the following donations:
3000 from MinnaCaroline
1100 from Sinn Féin's Ireland
For a total of 4100 [/size]

Therefore, TIC has a balance of 39819

These assets are set to be split among all newly confirmed nations. Newly confirmed nations are nations that have signed up on the forums and posted at least a dozen times or so since registering. So far, the list of newly confirmed nations is:

Glock 17
Kawaroo
Mandali
Pissy
According to The
Strange Hermits
Dolphinsland
Lickto
Flying Fruitpies
Queen P of Pretty Ponys[/b][/color]

If you are a new, active nation and your name does not appear on this list, please contact Twobagger immediately.

The total number of newly confirmed nations is 10.

If the quarter ended today, each newly confirmed nation would be set to receive 33319/10 rounded down, or 3331 . This exceeds the cap of 750 , so each nation would receive only 750 .

New Rule: Tacos will be parceled out whenever I feel like it. This will definitely be more often than once per quarter, so you new nations don't have to sweat about getting your tacos. This also means I don't have to keep a bottom line queue, as I can just pay out tacos whenever I want. (=

TIC's current projected bottom line:
Assets - Payout = Ending Assets
30819 - (750 *10) = 25819 [/b][/color][/s]

_{Color codes used:
Yellow: FFF000
Brown: 543210}

Edited to change the number of new nations.
Edited for awesomeness

[Sinn Féin's Ireland]

I will donate any tacos i currently have above :-x100,000.

[Twobagger]

At this point, you have 101,115
--------------------------------------------

)= I was going to make a joke but couldn't think of anything funny.

[Mandali]

When do I get my cash? I'm deficit spending here!

[Taco Island Charities]

Ignore everything above.
_____________________________
Bookkeeping time:

Changes since last post:
This is the first post, so no changes to report.

Current cash on hand:
235822 Tacos
Current Assets:
1273280 Tacos (27860 shares of IMM stock)
42503 Tacos (Investment in 10KI Investment Corporation)
Total Assets: 1315783 Tacos
Total Worth: 1551605

Expected Revenues:
Tacos:
+15 (for this post
-46000 (purchasing 1000 shares of IMM stock)
New Cash on Hand: 189837
Assets:
+46000 Tacos (1000 shares of IMM stock)
New Assets: 1361783 Tacos
New Total Worth: 1551620 Tacos

[andoversr]

im new, can I get some of that?

[Blbbo]

I'm new-ish (Dec 2010) and ciould use the tacos to develop my island.

Thanks,

Blbbo

[HumanSanity]

Taco Island Charities seems to be inactive. Wordy is looking for a coordinator in the Job Oportunities thread.