Resolution:Audit committee

Resolved that,


 * 1) The Board authorizes the creation of an audit committee
 * 2) The committee shall initially consist of the President, Treasurer, Secretary, and outside counsel Brad Patrick.
 * 3) The Board authorizes the audit committee to create its own rules of procedure and add other members as the committee deems necessary
 * 4) The Board directs the committee take all steps necessary to prepare for external audit
 * 5) The Board directs the committee to report back by 21 January 2006 with the designation of a chairperson
 * 6) The Board directs audit committee to formally report back by 11 February 2006.

Second resolution on this topic
Resolved that,


 * 1) The Board authorizes and directs the audit committee to take actions necessary to obtain Directors and Officer's Insurance
 * 2) The Board directs the audit committee to formally report back by 11 February 2006.

Board approves by voice vote.