Met with Elaine Pain, John Kennedy, Ian Preston (on phone), Chuck Gilhooly, Darryl Kesslar, and others regarding distressful financial situations which have come to our attention at the Filmpool. Brenda Olsen has not been in the office since five days ago and the Board are not able to answer many questions, beginning with Michael Hoolboom's non-payment for his optical printer months ago. The accounts are overdrawn by $10,000 and the bank indicates that the "other account" we've always believed existed, doesn't. Entire meeting was audio recorded.
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