Hello Fishercat.

Two days ago, responding to me, you posted a message beginning with these four sentences:

“...and what about the $29,314 reimbursement to Debbie Chapman for office expenses? That’s a lotta coffee filters and paper clips! Again, no check book? Our Deb had to fish into her purse for the small items?”

Being I’ve never been inside the “Head Office” (which is where Debra Chapman works), naturally I cannot vouch for what’s inside the Office Supply Cabinet. To me, the location of our “Head Office” on a residential street in British Columbia raises an even more bewildering question than the $29,314 portion of the Office Supplies requiring reimbursement.

Could it possibly be that our “Head Office” is way over in British Columbia for the sole reason that Ms. Chapman lives there? We haven’t situated our “Head Office” in one of the better places to conduct business in Toronto, for what reason? We’re in British Columbia for the greater good of the Fancamp Shareholders? What is for the greater good of the Fancamp Shareholders is the same as what is for the greater good of Ms. Chapman?

Are her talents so extraordinarily beneficial that we are forced to go to the other side of Canada to keep her comfortably situated? Maybe I’ve checked the Insider Seller listings on the wrong days. But, over the last two years, whenever I looked it up, she was always at the head of the list, cashing in the securities portion of her compensation.

I only talked to her once. I realize that is hardly long enough to form a definite or a final impression. So take my personal recollections with a grain of salt. But I cannot resist saying, I never called her a second time because of how uncomfortable she made me feel the first time. It was as though she couldn’t wait to get rid of me, being that I was an unwelcome intruder (who had the nerve to ask her—diplomatically, in a neutral tone of voice—to convey a businesslike message on behalf of The Major Shareholders to The Great Sovereign).

More than the odd and unexplained Office Supplies, to me, the more difficult questions are:
#1) Why the uncommitted and indifferent Ms. Chapman? We can’t do better?
#2) Why distant British Columbia? That’s the very best place we can find?

When Bob Granger was CEO, he told me (more than once) that he didn’t appreciate—even a little—that he was forced to conduct most of the company’s business from his car, using his cell phone. I wonder what influential investment professionals think of a business run that way?

By the way, just because I’m referring to Bob Granger, in this instance in a favorable light, don’t take that to mean more. It doesn’t mean I’m convinced he was the perfect dream candidate (two years ago) to bring unalloyed joy to our lives. But, certainly for one thing, Ms. Chapman was not on his team. For another thing, British Columbia was not going to continue to be the geographical heart of our operations (nor would the geographical heart of our operations continue to be the cell phone in his car).

Part of a message I posted 13 July 2012 reads:

“As follows is the Google Maps link to our ‘Head Office.’ This is where Debra Chapman, our ‘Director, Secretary and CFO,’ is located.”

https://maps.google.com/maps?hl=en&q=7290+GRAY+AVENUE,+BURNABY,B.C.+V5J+3Z2&ie=UTF-8&hq=&hnear=0x54867642821a159f:0x1b0f6beeae7f46ae,7290+Gray+Ave,+Burnaby,+BC+V5J+3Z1,+Canada&gl=us&ei=cU3_T6PJD-nc0QH-rNH8Bg&ved=0CAkQ8gEwAA

“If I got this to work for you, the link takes you to a map, with a small photo of a residential street on the left side of the webpage. Click on the photo to enlarge it. Click on the individual houses to enlarge them. Can you imagine high-powered business meetings being conducted in any of them?”