On Dec 8, 12:09 pm, "Thomas Dalton" thomas.dal...@gmail.com wrote:
2008/12/8 Tom Holden thomas.hol...@gmail.com:
The Co-op are saying they can't open the bank account until we're approved as an official chapter of WMF.
Damn. We've been trying to make it clear from the start that we're independent, they shouldn't be requiring this...
I don't think it's the independence that's the problem. The thing is, if WMF say no to WUL there's not really much point in the company continuing to exist - most likely it would simply wind up and and over to someone new, as WER is doing.
I can see where the coop is coming from - they dont want to go to all the expense setting up a new bank account, issuing cheque books etc - if there's a risk the company is going to dissolve itself in a few months. They'd rather wait until the uncertainty is resolved.
Andrew