I have served as South Central RVP since 2008, I got involved believing we had not been taking care of the "business" of the club. Despite a 20% dues increase decreasing membership, sponsorship, and advertising revenue must be addressed for us to thrive. Good news is rate of decline has slowed over the last two years; bad news is Not-for-profit does not mean we can continue indefinitely. We must judiciously manage expenses, grow membership and revenue. I have persistently advocated for proactive initiatives to expand membership and revenue to insure the health of the club. The board has agreed to support my free trial membership plan for new CPO BMW buyers, the program is ready to launch, but has not yet been implemented. I ask for your vote so I may see to the success of the program. My belief is many of our challenges operational and financial can be solved with growth in membership, new folks' with fresh ideas and enthusiasm. We risk losing the ability to continue to provide a quality Roundel and current level of member services, through inaction. Your EVP will be critical in the "virtual chapters" implementation process. I support these groups as partners with existing geographical chapters. The unintended consequences of new members' opting-out of geographic chapter affiliation, never having an opportunity to know local members will have negative impact on the social and financial well-being of current chapters. I believe without caution this first step to move to a "virtual" club and on-line based interaction will jeopardize future value of our print the advertising and revenue, jeopardizing one of our most valuable assets the Roundel. As EVP I'll continue pushing membership growth, sound fiscal management and responsible "virtual chapters" implementation. Thank you for your vote.