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Go for you to understand let me just you know for those who don't understand Lethe just simplify it is means if we sell the beach club and the assets that are associated to this beach club all the money that's acquired goes back to you if as long as you've been a member in good standing for two years goes back to you, it does not go to charities it does not go to the township of ocean it does not go anywhere except back to youth#39’s the bylaw I didn't write it is'been in here for a long time and Think it#39’s a good by law because it guarantees that you will always have, or you will always retain ownership right sin the skipper#39’s go beach club you'll share in the money you#39’ll share the money if this place has ever sold well the state doesn't like that the state one Jersey looked at that and said well no you know you#39’re operating as anot-for-profit and you#39’re not giving any money back to charity we're done#39’t like the Thames Aleutian clause therefore you are denied a permit for legalized games of chance that#39’s one of their requirements if you look at their list that you have to you have to have the ability to give your money back to charity in the event of a dissolution, so they denied us and Appealed it, and they denied us again, and then I applied a third time, and they denied us again, and it was always forth same reason this DES Aleutian Clause they did not like, so the complication with that arises because the state of New Jersey does in fact allow a specialized legalized games of chance permit for certain pre-approvedsenior citizens groups so with the help of Ted gay dos we looked into this and discovered that a long time ago the beachcombers applied for and were approved as a senior citizens group and that they didn't#39’t pay the dues on continuing basis, and they didn't#39;continue with the activities and therefore the state determined that they were dormant and since they went dormant they lost the ability to do the legalized games of chance without reapplying, and so we never SAT we never did anything with it because I saw the conflict, and I'm going to be about to teach you this conflict here very shortly because it#39’s the conflict that'resulting in the current issues with the law at all levels all right, so Ted on the other hand wanted to proceed with the application process for legalized games of chance he came to me, and he said you know hey it's a senior citizens group we can do this, and I told Ted Monday one yes I agree you could do this if we can get that permit app reactivated it would be a good thing for the beachcombers he took that to me, it would be a good thing for the skippers Cove beach club, and it would be a good thing for the men#39’s club, and it would be good thing for the skipper rest I never said that even though he tried to say several times since then that I did say that, but I had never said that because I am well aware that the skippers Cove beach club income incorporated the parent...
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