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Debt Demolition

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Posted

On the web site it says $807,295 but that implys only $82,295 has been raised outside the debt demoltion dinner. It also has not changed for about 10 days. I was under the impression that at least another $120,000 was raised at the ball on the 22nd of August.. Anyone got more insight?

 

Imguesing to be truthful but I think the figure on the webswite is interactive.. I.e its showing the debt in real time. Thats how it looks to me

Fairly certain the figure is incorrect. Even before ball there was a post with an updated figure above (by 80-100k odd) the 807k showing on debtdemolition.com.au. Perhaps the update was incorrect, but certainly the ball raised a hefty contribution not yet accounted for.

 
Imguesing to be truthful but I think the figure on the webswite is interactive.. I.e its showing the debt in real time. Thats how it looks to me

The figure on the website is a jpeg image, it is not interactive. It will only change when someone creates a new image and copies it over the top of the old one.

The figure on the website is a jpeg image, it is not interactive. It will only change when someone creates a new image and copies it over the top of the old one.

ok ill redefine... the figure is relatively current. Not so long ago it was 700 odd thousand..then it jumped back up most likely as another debt fell due.

Interactive then in the sense that someone does a weekly or fortnightly update...i.e. as they did with membership but not as frequent


Funnily enough, I rang the club yesterday to find out if that was the final total that was posted. According to the woman that I spoke to they are still sifting though the final cheques etc before posting the final amount.

god accounting takes time, as it would be embarrassing to over estimate and the revise it down, plus we have to wait for the cheques to clear and that seems to take forever whenever I get one :)

I'm sure the total on the website doesn't reflect money raised at the ball. Were the proceeds of that definitey for DD?

Btw, 1-2 weeks is a long time when the campaign is for 4 weeks bb :P

EDIT: Not that I think it hasn't been updated in two weeks.

 

We are still waiting... seems to be taking a hell of a lotta time.

  • 2 weeks later...

We are still waiting... seems to be taking a hell of a lotta time.

I think that's because payments continue to trickle in...

And if you put a definite end date on it, then people stop donating once that is reached; why would you want to do something like that?

I think that's because payments continue to trickle in...

Pretty sure we're just waiting for the tally to actually be updated.

Unless we only got $1-2 for the ball either the proceeds aren't being added to debt demolition as advertised, or the tally on the site hasn't been updated for some time.

  • 1 month later...

Wow, down to approx. $1 million in debt is a great effort. Things are almost becoming manageable.


Yep. With a modest profit this year and all sorts of changes successfully made, we might just be alright.

One more big heave and we're there.

Then we can start working forward, getting ready to maximise the exposure and commercial value of the rise up the ladder, and we'll be established, strong and looking forward to our 200th birthday and onwards.

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