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History of VFC Business Plan

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8feb06VFC articles by Sunrise O'Mahoney, Sharon Kulish-Bayles, H Lehman, K Loveall

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21mar06VFC incorporated under RCW 24.06

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10may06Merritt Hitzeman-Anzjon joins interim board (IB)

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12jul06Heather Lehman raises SEC financing concerns

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21jul06NWCDC delivers first version of feasibility study

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9aug06Lori Loranger joins interim board (IB), Heather Lehman to resign

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11oct06Rory Bowman joins IB for biz dev experience

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8nov06Kate Wallis joins IB for grant-writing and outreach

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13nov06NWCDC delivers final version of feasibility study

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13dec06Outreach to Clark & WSU re biz plan helpers

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21feb07Non-student MBA business plan volunteer identified

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14mar07Executive summary from BP volunteer received, Wallis preparing new brochure

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28mar07Outreach Committee designates Laura Lang as primary marketing volunteer

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11apr07VFC flyer text finalized with "west Vancouver" on share agreement flyers, web site

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13jun07 Laddie Lushin has completed revised Articles, will need to be filed with state

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25jun07Securities exemption filed with Washington DFI, Merritt Hitzeman-Anzjon to resign IB

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1jul07Owner drive begins with goal of 200+ before owner-loan program (OLP), 1000 to open

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8aug07 Provisional timeline and benchmarks expressed as dollars or owner numbers

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12sep07Volunteer BP insufficient, Rory to write narrative modeled on River Valley Market plan

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5oct07Final version of Sep07 BP narrative to interim board, needs professional numbers

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10oct07Timeline restated re owners and dollar goals

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5nov07IB meets with Pete Davis re Market Study for west Vancouver, to be delivered Jan08

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15nov07CDS' Bill Gessner delivers first draft of financial pro-formas

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21dec07Kate Wallis resigns interim board (IB)

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Jan 2008Sunrise O'Mahoney enters into secret discussions regarding a west Camas site

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2jan08CDS' Bill Gessner delivers modified pro formas

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9jan08Food Co-Op 500 begins a series of six free "webinars" on cooperative development

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9jan08Heather Lehman returns to interim board

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18jan08R Bowman to Olympia to finish proper recording of Articles to legally issue shares

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13feb08Rory Bowman resigns interim board, awaiting elections

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21feb08IB secretly approves $3500 to study West Camas

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29feb08First annual meeting, goal 600 owners by 31dec08

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8mar08Removal of "west Vancouver" from VFC flyer

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9apr08O'Mahoney & Lehman absent, so no quorum for last interim board (IB) meeting

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1may08New board seated, decides to meet in May

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17may08Betty Esthelle resigns from board

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17jun08Rachel Knowlton, MBA, resigns from board

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30may08Owners petition for business plan meeting

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5jun08Removal of "west Vancouver" from VFC web page

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9jun08Mike Kerbs acknowledges owner petition received, currently discussing with lawyer

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30jun08Laura Lang, marketing expert, resigns from board

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7jul08Pete Davis market study originally scheduled for Jan08 is finally delivered

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14jul08Mike Kerbs identified as primary business planner for August 27 owner meeting

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30jul08164 owners (38% of target) so far in owner drive

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9aug08Mike Kerbs, MBA, resigns from board

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11aug08Newly-selected board member Jamie Olson & Rustin Brewer now in charge of BP

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13aug08Board sends single email re August 27 meeting

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16aug08Petitioner sends legally-required postal notice for August 27 meeting

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22aug08Board involuntarily terminates Anja Larson, asserting petitioner mailing was illegal

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27aug08Public meeting lowers 2008 owner goal, aims for 6000 SF, $1.5 million store

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1oct08Board meeting indicates there is no business plan, seeking new biz plan coordinator

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1nov08 Marj Casswel identified as volunteer to prepare yet another BP draft for board

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dec08Board selects new members: Tom Miewald, Dana Greyson, Philip Thompson, M Caswell

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jan09Rustin Brewer, CPA, leaves VFC board of directors

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00mar09Jamie Olson leaves VFC board of directors

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28mar09Annual meeting: 2009 owner goal lowered, possible location at 311 West 39th St

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31mar09Ballots for board elections out with four candidates for six seats

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1apr09Marj Casswell now in charge of business plan. No minutes posted since December's

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1may0955 members voted to seat Caswell, Miewald, Greta Lavadour and Don Orange

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8jun09President and founder Sunrise O'Mahoney resigns: board now six, with no public plan

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3oct09Board unveils new $800 logo, promised "plan" is a goal to open "by October 2011."

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22mar10VFC Action Plan finally posted, with board down to five members

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11apr10Third annual meeting held. No board minutes posted since October 2009

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may10Bob Lindbergh joins board, which now has six members for nine seats

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2jun10Resignation of Heather Lehman as volunteer coordinator, "webmaster"

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2jun10VFC board approves revival of buying club, names Arlene Mackey volunteer coordinator

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7jul10Pro forma approved: Kendra Pearce project manager for "VFC Online Store"

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26jul10VFC takes possession of leased space at Wallis Engineering, 215 W Fourth St

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29sep10Board has contracted to four: Caswell, Tiefenthaler, Osheroff, Lavadour

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nov10Revised e-commerce web site up with historical documents removed

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31dec10Treasurer reports $12,742.37 on hand, yielding a diluted share value of $48.64 for 262 shares.

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2mar11Kendra Pearce thanked for her many contributions as store manager

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apr11Shawn Morrill identified in April 2011 newsletter as new store manager

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30apr11Store shelves between one-third and one-half "faced," refrigerator fully faced for VFM season.

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1may11Fourth annual meeting held from 4-7pm in retail store

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may11May newsletter notes monthly sales of $3000 with "break-even point" of $10,000

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may11Barbara Micheel, Kendra Pearce and Kirk Wright elected to board, now at seven members

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30jun11June sales up 25% to $5500 with "break-even point" of $10,000, as per Jul11 newsletter

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aug11Public announcement of move from 215 W Fourth St to 1002 Main