- coolacoin wrote:
- embosed wrote:
- According to my sources, this thing will drag up to 5 years. This case is not so simple as we think. Everybody wants to be a leader in the PNAS so as to get a position. Let us not conclude first who will be the winner. Only the court will decide who will be the real mac coy. That's why there's a law for this.
Of course every individual had its own optimistic view on their side to be the winner but we really never know until the final decision prevails.
I beg to disagree that everybody wants to lead PNAS. PNAS has no income right now and can be considered as a "white elephant". They have no auction, no new members, and the factions are spending money using their own resources. Who would want to inherit that kind of problems?
I agree with you coolacoin. The club has no income right now and whatever we have sold for the past months, it came from our own personal collections. Mostly were sold below acquisition value and 10% of the proceed went to PNAS own fund. The organization's expenditure is being financed by charitable men and no other means. The reason why the club decided not to hold many auctions is because we want to emphasize that the organization is not a business oriented nor a dealership company...it is a non-stock and a non-profit organization.
There is currently 1 PNAS based on papers and legality. True PNAS have 2 court cases. But these people have no right to claim legitimacy since there is only 1 PNAS registered in the SEC and currently, as far as proof is concerned, a legal and registered entity.
The current officers and board of directors have no stake in PNAS, so anybody can either become an officer or a board member as long as he is a member of good standing. If you'll ask me, I have already expressed that I have no interest in running the organization because I am tied-up to my business and studies.
Last election, we were almost forced to have a "hold-over" set of officers because nobody among the members would like to run as officers and nobody would like to renew membership because their waiting for the court to finally declare who is the winner furthermore, they don't want to participate in the melee, expenses, and pressure of running the organization.
Last month, the court dismissed the case filed by Atty. Villareal due to lack of merit and evidence. Atty. Villareal filed a case last year assailing the legitimacy of the current PNAS, claiming that his line-up is the legit PNAS. But because we are registered in SEC and have paid the past dues to the government that the past leaderships of PNAS since the 80s have failed to complied with. We have secured the members of PNAS their future.
This is how irresponsible the past leaders of PNAS are. They are more busy on their auctions and ebay selling than taking care of the true purpose and welfare of the members of the organization.
The same sala where we were granted such judgment holds our case against Angelo.
Regarding Angelo, PNAS has already offered him reconciliation several times in the past to minimize the damage, controversies, and further expenses. But Angelo instead of accepting our offers, lay down his conditions for us to accept before he would reunite with us. His conditions were very much in his favor therefore, we were forced to continue and pursue the case.