AMERICA 250 JULY 4 CELEBRATION A BIG HIT

Our America 250 Celebration was bigger than even our stretch goals. We

sold out our sponsorships, we sold out the box seats, and 15,843 people

registered (the official turnstile attendance count was 12,687). We had

hoped to give you a final accounting this week, but we are still finalizing

things with our hosts at Santa Anita, which is a major cost area. In general,

we had $150,985 in total revenue and spent $193,600 on the drone show

and $70,235 on supplies, entertainment, marketing, and the like. Therefore, at present, we are at a net expenditure of $112,850, leaving substantial room in our $400,000

budget for the Santa Anita portion of the costs.