The 3 Committees that comprise the Managing Members
What is Operating Committee, Finance Committee, and Real Estate Committee
This is how Managing Members will keep track of time starting in 2022
What is Productivity Tracker
How often are Newletters sent out
What is Monthly
The below are common ticker symbols for 3 of the Major Indices of the stock market
NASDAQ
S&P 500
?
What is the third?
What is DOW
These two documents are updated every two years by the Operating Committee
What are the Operating Agreement and Bylaws
Held on the 3rd Thursday of every month at approximately 7:06PM
What are All Members Meetings
This is the minimum amount of hours requested for Productivity Tracker
What is 82 hours
Featured in the first Spotlight for the July Issue of Pryor Financial Newsletter
Who is Family Creed/Mike & Sandra Thomas
This is the tax filling form used for Members of a Member Managed LLC to file their Capital Gains Disbursements
What is the 1065 tax form
Any member who is removed from the Operation through a voluntary or involuntary withdrawal
Who is Dissociated Member
Year the Operating Agreement ends
What is 2024
Any nominees for the Managing Member committees must be sent via notice to the Chief Managing Member and or the Executive Administrator at least ____ days before the vote on new Managing Members.
What is 60 days
Featured in the Spotlight for October Issue of Pryor Financial Newsletter
Who is Carmela Conte/Watson Reality Corp.
This is the process of changing one currency into another for commerce, trading, or tourism
What is Foreign Exchange or FOREX
Following the one year vesting period, when will payment distributions be made
When is the 3rd Friday of every month starting December 17th, 2021
Occurs on the 2nd Friday of the 2nd Month in the new Fiscal Year
What are annual capital contribution dues for All Members
This will be sent out 90 days to each Passive and Managing Members via email and should be returned 70 days before the elections to term and office are to take place
What are Yearly Performance Evaluations
Featured in the the Spotlight for the November Issue of Pryor Financial
Who is Strategic Reno
*DAILY DOUBLE*
If FV is Future Value and PV is present value. What does this formula represent?
What is the Time Value of Money
The new Passive Investor minimum monthly due amount that was voted on
What is $200
*DAILY DOUBLE*
Member $$$ Amt Contributed / Total Amt Contributed = %Total $$$ Amt Contributed
This formula calculates the Percentage Total Dollar Amount Contributed
Fill in the blank:
% Total $$$ Amnt Contributed + % Total Time Vested= __________
What is Profit Sharing %
When a Member is officially deemed dissociated from the Operation, all members both managing and passive will have the opportunity to purchase that members equity via a _______ _____.
What is a silent bid
Updates from the Operating, Finance, and Estate Committees are located in this section of the Newsletter
What is Committee Reports
This is the gap between the bid and the ask prices of a security or asset, like a stock, bond, or commodity
What is a Spread
This is the annual capital contribution made by any member to acquire an interest in the Operation
What is Initial Capital Contribution