Tuesday, January 2, 2018

Financial Transparency

We are following a recommendation that we disclose the royalties to date from the sale of scriptures. Here is a link to a statement showing all royalty payments to date:

STATEMENT (P.1)
STATEMENT (P.2)

We also are revising the plan for the use of the royalties. Because the leather-bound scriptures will not be using a print-on-demand service, ordering and shipping & handling will carry costs and require arrangements that will add costs to the volumes and that are beyond the committee's resources. We recommend that the royalty funds be used for handling the sale and distribution of the leather-bound sets when they become available.

Be aware that the cost of scriptures on Amazon are set at the lowest price Amazon will allow, as you can see below. The royalties are unavoidable: