Media Companion

Discussion and development board for the program Media Companion.
 
HomeHome  FAQFAQ  SearchSearch  RegisterRegister  Log inLog in  

Share | 
 

 the temporary shutdown

View previous topic View next topic Go down 
AuthorMessage
cerberus
VIP
VIP


Posts : 409
Join date : 2011-06-10

PostSubject: the temporary shutdown    Fri Nov 18, 2011 10:38 am

The DLM leadership had expected that a huge attendance would be followed by generous donations.[44] Millennium '73 was free,[51] unlike other DLM festivals that charged sizable fees.[123] Despite fundraising before the event, lower than expected attendance and mismanagement left the DLM in serious debt, estimated at $682,000.[47][124] Individual members also carried debts incurred for traveling expenses.[2][125]

The festival was financed with short-term credit that began coming due right after the event.[119][126] Seeking payment, creditors, including the Astrodome management, pursued the DLM and repossessed property belonging to the mission.[127] By mid-1974, NBC reported that about $150,000 was still owed and that 25 vendors had received no payments at all.[128] Members of the DLM took on extra work in order to raise money at Maharaj Ji's suggestion.[3][120][129] The debt forced the sale or closure of the DLM's printing and other businesses, the temporary shutdown of their newspaper and magazine,[100][130] the disbanding of Blue Aquarius,[93] and the shelving of new initiatives.[122] In 1976, a DLM spokesman said that the debt had been reduced to $80,000 and that the mission was on a sound financial footing.[105]



Mississauga Condos For Sale
payday loans no credit
Back to top Go down
View user profile
 
the temporary shutdown
View previous topic View next topic Back to top 
Page 1 of 1
 Similar topics
-
» Avoid browser closing on selenium RC shutdown
» Temporary FireFox Profile using Selenium WebDriver
» Monster Hunter Tri Servers Will Be Shutdown At the End of April!
» Nintendo: Shutdown of Wii Channels as of June 28, 2013
» Firefox refused shutdown while preparing a profile

Permissions in this forum:You cannot reply to topics in this forum
Media Companion :: Media Companion :: General Discussion-
Jump to: