Comments on: TLMA Having Financial Troubles?

By: Russell

Russell — Fri, 13 Feb 2009 17:50:19 +0000

It is clear that we may not agree on everything but there is always somethings that we can agree. One, is it should be about the cattle first! I am a member of the two breed registeries and they both have there problems but they both also have there good points. There is more cooperation between the TLBAA and ITLA than ever before, which is good for the members of both associations. So a lot of us are getting along with one another. Ms. Taylor was elected by the members in her region, so she was the person that they wanted to represent them and by resigning she is not doing that. I am sure she has her reasons and I respect them and wish her all the best. Serving on the board is hard work and is not always pleasant. I have seen this first hand as I have attended almost all the TLBAA and ITLA board meetings over the last 5 years. Hopefully the position will be filled with someone who will continue to represent region 8.

By: Russell

Russell — Fri, 13 Feb 2009 17:29:46 +0000

First of let me say that I do not usually post comments that are not companied by an author’s name. I am going to wave that policy this time. I would post their financials but they are not easily made available because the TLMA is a LLC. My opinion is base on observations and research that is still ongoing. You would think that since they are looking for investors that they would want to make their financials available for all prospective investors (at any level of investment) to view. After all an investor should know the financial status of the company he is putting his hard earned money into. There are also some legal issues that will need to be addressed before they can add more shareholders. Has the legal work been done to register the stocks? Without this being done they are limited by law to just thirty five investors, which are their Founding Members. If you are a member of TLMA you should be able to see a financial report?

By: Longhorn Breeder

Longhorn Breeder — Fri, 13 Feb 2009 04:05:16 +0000

Also, it should be noted that I am a member of all THREE longhorn groups. I am not partial to any one of them in particular. It is my sincere hope that the TLBAA gets past all of the politicking and gets everything in order. It seems that this is what is driving the industry - politics - when it should be longhorns. And it isn’t just the TLBAA that has this problem. All groups should just get along with one another. It is too bad that board members are resigning from TLBAA. It had appeared that Stacey was someone who would stand up for the membership and help get things moving in a productive manner. I am sorry to hear that she resigned.

By: Longhorn Breeder

Longhorn Breeder — Fri, 13 Feb 2009 03:33:23 +0000

Is this why the TLBAA is almost out of operating capital? Because they are not a real value to the breed? C’mon this is ridiculous.
If you know that the TLMA is in trouble, post their financials. Show some proof.