hammertime
Well-known member
There are major differences between non-profit directors and private ownership.But that’s where you are wrong. We are the custodians they are the owners.
They are not private owners. They are debenture holders of a non profit organisation which is run by members. They are just a different classification of a member as they have a sub group of debenture holders.
These debentures not change in value. It's just money parked somewhere. It is not ownership.
So they are simply custodians for the HBG club to help make the best decisions for all members and the community. Again NOT owners who can make decisions based on own self interest.
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