Ann: Quarterly Activities Report, page-150

Must be per month then. Easily fixed if you really want to know, replay the conference call, it's up for the next couple of weeks.

No offence to anyone here but there seems to be a lot of key board warriors on this thread, considering the amount of questions being asked on hotcopper and only two questions were asked on the conference call directly to the bod.

I always call AVB office when ever I need clarification, never rely on HC! BOD are really helpful.