From: Stephen Bassett <PRG.nul> Date: Fri, 16 Sep 2011 10:01:04 -0700 Archived: Sat, 17 Sep 2011 07:13:21 -0400 Subject: PRG Update - September 16 2011 PRG Paradigm Research Group PRG Update - September 16, 2011 Archived at: www.paradigmresearchgroup.org/Press_Releases/Updates.htm Brief Financial History of PRG - PRG was founded in July of 1996 to pursue a political resolution to the UFO/ET issue. - It was not set up as a non-profit in order to insulate it from potential governmental interference. But by any measure it has operated as a non-profit and has never made a profit. - From July of 1996 to January of 2003 PRG's work was funded by it's executive director Stephen Bassett. This amount was approximately $250,000. - As of January 2003 all of Mr. Bassett's assets and funds were used up. From that point forward PRG has only been able to function via donations from supporters of its advocacy work. - From 1999 to the present PRG has had a political action committee. That PAC has raised a modest $18,000 during that time. While currently not active, it is still reporting and could become active again at any time funding permitting. - From 2004 through 2010 PRG held six X-Conferences in the Washington, DC metro area. Those conferences, while successful as advocacy projects, lost a total of approximately $90,000. All of those losses have been paid save for the losses from X- Conference 2010 - approximately $36,000. PRG fully intends to clear those balances when funding is available. - Starting in the summer of 2010 PRG went to some lengths to help publish a colleague's book which it felt had important Disclosure implications. PRG has no financial interest in the book whatsoever. The book was published and is currently available. Money was raised on behalf of the author who is obligated to repay the funds. While PRG is not financially obligated, it does have an ethical responsibility to see the funds are repaid and will do all it can to assist in clearing any outstanding balances. In summary: for sixteen years PRG has worked to end a government imposed truth embargo with global implications. During that time it has assisted a very large number of organizations and individuals to promote and advance their efforts without asking anything in return. It has operated in a completely open fashion and made no attempt to conceal its activities or agenda from the government or the public. Since its founding PRG (Stephen Bassett) has acquired no assets and currently has a negative net worth of approximately $40,000. It (he) owns no stocks, bonds, real estate or any other investments and has a cash balance of approximately $400. Of course, PRG's financial status could change at any time should major funding come forward. The truth advocacy process under way is very difficult, is generally opposed by the government and operates in a highly charged emotional environment. Many people are angry, frustrated and under considerable stress. Inevitably there are going to be disputes, misunderstandings and personal attacks. PRG has been spared much of that over the years, but it is not immune. It's policy toward such matters is: 1) not let such contentions interfere with the advocacy work, and 2) settle matters privately or, when necessary, in a court of law - not on the Internet. PRG thanks all of its many supporters who have made it possible to advocate for truth in government for the past sixteen years. The only way it can properly acknowledge this support is to succeed and continue to help others succeed in ending the truth embargo regarding an extraterrestrial presence engaging the human race. Furthermore, Stephen Bassett wishes to personally express his gratitude to the many hundreds of colleagues, living and dead, who have made great personal sacrifice while speaking truth to power in this matter. In the end a new and perhaps better world will be their reward well earned. Los Angeles (September, 2011) Websites: www.paradigmresearchgroup.org (Main Portal Site) www.disclosurepetition.info www.worlddisclosureday.org www.exopoliticsworld.net www.exopoliticsunitedstates.net www.faxonwashington.org www.x-conference.com www.x-ppac.org _________________________________________ Paradigm Research Group 4938 Hampden Lane, #161, Bethesda, MD 20814 PRG.nul 202-215-8344 www.paradigmresearchgroup.org Listen to 'Strange Days... Indeed' - The PodCast At: http://www.virtuallystrange.net/ufo/sdi/program/ These contents above are copyright of the author and UFO UpDates - Toronto. They may not be reproduced without the express permission of both parties and are intended for educational use only.
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