Next Meeting of the Scarlet Kings

Greetings to All,

The next meeting of the Scarlet Kings will be held on

Sunday, December 2nd, 2012 at 12:30PM.

Location: BJ's Restaurant and Brewery

(4901 Belt Line Road, Addison, TX)

Please join us for a fruitful and lucrative discussion!

Very Sincerely,

VJ

Meeting Minutes

We had a fantastic meeting today at Chili's! 

We had a total of 7 attendees: (from left to right) Ry Zamora, VJ Arjan, Jeff Harrington, Kevin Day and we had Elena Swindull, Erica and Owen Turnbull join us later on.

Going into the U.S. Elections and after-thoughts

Most of the conversation was dominated by the elections (keep in mind, the meeting occurred on the 4th, 2 days before the actual elections, of which we already know the result).

As you all know, after a much spirited campaign, President Obama won his bid for re-election.  At the time of our meeting, the consensus was that Romney would win the popular vote, while Obama would win the electoral college.  There were many indications prior to the election that led us to believe that this would be the case.

On the website InTrade, where ordinary folks can gamble on anything from stock prices to outcomes of current events, VJ mentioned the following odds:

For the general election: 65/34 Obama

For the swing states, Colorado: 53/47 Obama, Iowa: 69/31 Obama, Ohio: 65/35 Obama, New Hampshire: 68/34 Obama, Virginia: 53/46 Obama, Florida: 36/64 Romney.

Interestingly enough, the odds were totally on the money.  The election and the swing states all went to the forecasted candidates.

Also, worldwide the only country where the majority thought the election would not go to Obama, was Israel, perhaps because of Romney's vehement pro-Israel stance.

We debated the various tax policies of the candidates, which is a moot point now, but it was clear that Mr. Romney's plan was head-and-shoulders much more favourable to investors.  Now that his plan will not see the light of day, here's what the President tax plan is proposing:

- Unless the Bush tax cuts are extended at the end of the year (and Kevin Day believes that they should be extended for one more year), the long-term capital gains tax will go up from 15% to 20% for all those with household incomes greater than $250,000. 

- The estate tax and give taxes will also go to 45%, with an exemption on the first $3.5 million.

- Corporate taxes will go down from 35% to 28%.

(Source: Bloomberg.com)

The looming fiscal cliff is going to be a real problem for President Obama given the tax policies that he is urging, while still supporting various entitlement programs that were spelled out in the debates.  The goal for this budget is to cut in half the deficit, as a percentage of GDP.  Jeff mentioned if the proposed budget goes into effect, the consensus is that taxes and even interest rates can be expected to rise.

What happened Mitt?

The previous section was in relaying the thoughts we had about the upcoming election.  Now that Obama has won, we have to ask, how did Romney lose an election that was, according to many, his to win?  No President in the past has won a bid for re-election with the unemployment rate where it is today. 

First of all, in hindsight, it may not have been the greatest idea to send someone from Washington from Wall Street, while the memories of the Crash of 2008 are still so recent in the public's mind.

Also, Mitt touted a good game, but may have been less able to sell it to the public.  He was a better businessman than a politician.  Meanwhile, President Obama didn't really have any substance to his policies but was able to communicate his message with perhaps more clarity.

This election was a clear indication of the future direction the country is taking.  We had 20 senators added to Congress who were women, multiple states legalized gay marriage and Colorado and Washington legalized smoking marijuana for recreational purposes.

Could it be that the Baby Boomer generation (1960s-1970s) has taken over and the Silent generation (1940s-1950s) was laid to rest?

Add to this that the demographics of the voter population are changing.  African-Americans comprised 13% of voters, as opposed to 11% in 2008.  Hispanics and Latinos comprised 11%, not 9% as in 2008.  It is clear also that the youth overwhelmingly voted for Obama, by a margin of 65% to 35% for Romney; and these voters turned up an all time high.

Based on the figures, one thing is clear, and we have discussed it in prior meetings, the Republican party must broaden its base, otherwise it could be a tactical disadvantage.

Wisdom from a Great Trader

(Jesse Livermore)

Jesse Livermore, one of the very first great traders on Wall Street, put down this maxim in his book, Reminiscences of a Stock Operator, to look towards the price movement of the large companies and the rest of the market should follow suit.

If this advice follows today, then the market is in for some troubled times ahead.  Here are some interesting statistics:

- In the last month, Apple is down 15%, IBM is down 8%, the Nasdaq is down 5%.

- 63% of the companies on the S&P 500 have failed to meet analyst expectations.

- 90% of these companies have lowered their outlook for 4th quarter projections.  Jeff Harrington pointed out 

that Barrons ran an article recently pointing out that 2013 earnings could be revised downwards as well.

Under these market circumstances, the market can scarcely be expected to reach new highs in the near term.  

Jeff Harrington, however, believes that housing is making a legitimate comeback and that once this sector recovers the pall of a recession will cease to hang around, as it does today.

We also had a consensus on the role the Fed would play, or rather continue to play, which is to print money and throw them out of helicopters. The money printing may keep stock prices inflated, but only for so long; there must be an effect once the easing effect wears off. 

However, Kevin reminded us that there will always be special situations that the market will present us with and these trading opportunities will be plentiful with the volatility ahead.

Potential Market Plays

The following stocks came up during our meeting as potential market plays and investment opportunities:

Cooper Tires - tire manufacturer; 4% dividend yield

Safeway - food and drug retailer; 4% dividend yield

Silver Wheaton - silver producer that is also getting involved in the streaming business (providing capital to junior minors, in return for rights to the proceeds of the mine)

Banco Santandar - Spanish banking institution with a majority of its revenue coming from Central and Latin America; 12% dividend yield

SAIA - transporter of capital goods - Ry Zamora believes this may be a value play but also notes that he is still undergoing an analysis before he can confirm this

Intel - microchip manufacturer; Kevin believes this stock has been beat down and is looking attractive at these levels

Holcim - cement manufacturer; Ry pointed out that every year since 2008, global cement sales have actually increased year after year; he believes a good target price would be $11 per share rather than the intrinsic value of the stock itself

Metanor Resources - a speculative junior gold miner

Slovakia's Easter Tradition

On a totally different topic, in celebration of Easter, Elena was explaining how the Slovaks engage in a curious tradition.  Basically...well before your read any more, go ahead and see for yourself.

http://www.youtube.com/watch?v=jdJUydpbBOw

Elena explained how not only do men pour buckets of cold water on women of all ages, but they also get hit with a small stick throughout the day.  If this wasn't enough, some cities create a woman made out of hay, light it on fire, and then throw this into a nearby lake.

I don't think we have had as good a laugh about any issue for quite a while.

The next meeting will be on Sunday, December 2nd, 2012. 

For those who have not attended a meeting, but would like to attend, please email your wish to VJ Arjan at scarletkings@gmail.com

Also I find that there are many domestic and international readers who are following our blog posts not only in the United States but all over the world including Europe, Latin America, and Asia. If you wish to be added to our email list, please email at scarletkings@gmail.com

Next Meeting of the Scarlet Kings

Greetings to All,

The next meeting of the Scarlet Kings will be held on

Sunday, November 4th, 2012 at 12:30PM.

Location: Chili's

(4500 Belt Line Road, Addison, TX 75001)

Please join us for a fruitful and lucrative discussion!

Very Sincerely,

VJ

Meeting Minutes

We had a very interesting and varied meeting today at On The Border!  We had a total of 5 attendees: (from left to right) Ry Zamora, VJ Arjan, Elena Swindull, Kevin Day and Jeff Harrington.

Presidential Debates Matter

The very first topic we began chattering about was on how Romney's spectacular performance has possibly turned the probabilities in this election upside-down for the incumbent. 

Kevin Day mentioned how he felt that Romney was clearly on the offensive the entire time and for perhaps the first time, without the use of a handy teleprompter, the public was able to see the current President in a fatigued light.

Elena Swindull felt that the President felt nervous based on the body-language he was communicating, like a person who is unsure of himself.  She did not feel the radiance of confidence that usually shines forth from his personality.

We're not sure whether it had been a day full of difficult decisions, as often a day is being "leader of the free world" or perhaps it was as simple as he didn't eat a proper breakfast that morning, whatever the reason, it seemed that President Obama didn't want to be there.

The importance of a televised debate has really been in effect since the famous Kennedy-Nixon debate.  The non-verbal communication of the participants spoke volumes to the millions watching.  The small unconscious gestures, the grimaces, even the posture with which the participants carry themselves speaks volumes to the American people.

Above is a picture snapped at the most recent presidential debate.

Compare the defeated look of the current President to the Senator Obama who ran, 4 years ago.  What a remarkable difference in non-verbal communication is being portrayed in both instances!

Although, VJ Arjan was wary to point out whether or not Romney's debate performance was enough to clinch the election.  He feels that there are still a couple hurdles to go, but it is by no means in the bag for him.

This election battle has been by no means a very cordial one.  Jeff Harrington pointed out that when an analysis was conducted by FactCheck as to the accuracy of their assertions about their opponent, both were lying or exaggerating about the truth on several topics.

Cooking The Books

"Figures lie and liars figure." - Kevin Day

The Bureau of Labor Statistics (BLS) announced last week that the unemployment report surprisingly dropped from 8.2% to 7.8%.  A drop so drastic is certainly strange given the increasingly tepid economic environment we are currently seeing.

Kevin pointed out that the jobs numbers can very easily be "miscounted for" and that he suspects this is not the first time that such tactics have been used in increasingly politically-heightened scenarios.  VJ pointed out that apparently the difference of approximately 400,000 jobs came from a revision of jobs numbers stretching several months back.

No doubt, this gives President Obama some ammunition against Governor Romney who has painted the President as the primary blame for the economy's current situation.

The Case Against Government in the Private Sector

VJ, who is reading the marvelous, common-sense book entitled Economics in One Lesson by economist Henry Hazlitt read a chapter on the case that the author makes via the Austrian School of Economics (more colloquially known as the economics of common sense) on the reason why the government is an inefficient allocator of capital.

The reason why governments, historically, have generally trailed the private sector in how effectively they spend their money is that governments have a hard time saying no.  

As a public organization, the U.S. government in particular has taken on the father-figure role for millions of its citizens and its image as care-taker has only grown over time.  

Proof of this is that since the Great Depression and the subsequent New Deal enacted by President Roosevelt, several presidents had the chance to repeal the New Deal and label the New Deal as temporary relief programs that would end once the Depression came to an end, but none of them did. 

After Roosevelt, it can be argued that Truman was still busy cleaning up World War II and in jump-starting the Marshall Plan to help German and Japan to rebuilt their economies.  However, both Presidents Eisenhower and President Kennedy had the chance to cut back the entitlements programs, but they didn't.  Politically, it was not the feasible thing to do.  

It was a hard choice, but history has shown that politicians would just as much rather buy votes instead.

President Johnson solidified the entitlement culture along with his slogan of The Great Society by enacting the reforms known as Medicare and Medicaid.

VJ continued that the author argues that as private entities have accountability to its shareholders/equity-holders, more care is given to the allocation of capital whereas if there is a failed government policy, it can always print more money.

A perfect example of a failed government policy, VJ mentions, is the FHA loan.  The FHA loan did wonders when it was initially started.  However, over time the guidelines became more and more lax to the point where today, it is estimated that between 10-20% of FHA loans are delinquent each month.  Some research suggests that that number is closer to 30%. (http://www.bloomberg.com/news/2012-06-28/fha-underestimates-mortgage-delinquency-rates-study-says.html)

The Miracle of China

At a time when it has become fashionable in the investment community to bash the emerging markets, VJ thought he would share a story about the incredible effect that China is having on the global economy.

He had to buy a pair of eye glasses recently and remembered the lesson learned in spending $300 for a pair of Versace glasses that did not end up lasting very long at all.  So he did some shopping and found the following fashionable pair. 

How much do you think they cost?  Well, the shocking and amazing truth is that he paid a mere $25 from Zenni Optical to get prescription eye glasses complete with shatter-proof lenses and anti-reflective coating.  Curious about how in the world this company is able to do this, he called up their consumer help desk and he found that the glasses are manufactured in a factory in Shanghai and that the majority of the $25 actually goes to import fees imposed by the U.S. customs department.

Now consider how the range and diversity of the products that China makes and we have an integral piece of the manufacturing function of the global economy.  

Add to this fact that Chinese stocks today seem to be the cheapest since 1997 with an average price-earnings multiple of 11.4 for the Shanghai Composite.

No doubt, like all countries who have remarkable growth rates, there will be crisis.  But between the years 1800-1915, the United States had 15 financial crisis/panics and a Civil War and still averaged 3-4% annualized GDP growth rates.

Kevin has mentioned before that the major slowdown in China could only be momentary if it could be called a slowdown at all as the engine of growth is simply too robust and will continue to produce superior returns for decades to come.

Jeff, however, mentioned that the Chinese government may also be having its share of fiscal problems, the principal one being that their pension fund program for retirees of the State is financially in trouble and may in time snowball into a vicious political problem for the Communist Party, which the people are looking as the preserver of 6-8% GDP growth per annum.

Natural Gas and Other Potential Investments

We spent some time discussing the importance of the most viable fuel source next to crude oil, natural gas.  Strictly from a jobs perspective, Jeff argued, the growth in natural gas and its related industries is slated to create 3.5 million jobs in the next 10 years.

It is also becoming cheaper to drill and easier to transport, so it is a natural alternative to crude oil, as the world stops depending less and less on the Middle East.

Kevin and Jeff mentioned a few ways to play natural gas, some of which have been brought up before at previous meetings:

- First Trust ISE Revere Natural Gas (FCG)

- Targa Resources Partners L.P. (NGLS)

Some other investments that were brought up during the meeting are mentioned below:

- Rio Tinto Plc (RIO)

- Barrick Gold (ABX)

- Sandstorm Gold (SSL) - Kevin has been mentioning this stock for more than a year and it has nearly tripled in value since his first mention

- HOLCIM (HCMLY) - Ry believes a buy target price below $55 would be advisable

Conversation Amongst Two Gentlemen of Verona

"O heaven! were man But constant, he were perfect." - William Shakespeare

"Economics is envious of physics" - George Soros

After many of the attendees left, Ry and VJ sat discussing the reality of economics and the economy.

Alas, quoteth Ry, economics is not a science as Man is not constant.  (Enough of Shakespeare.)

All jokes aside, Ry discussed how the very nature of economics cannot be as constant as the law of gravity precisely because the participants in an economy are not ruled by a set of constants.  The participants are always in motion and so economics, according to Ry, cannot be categorized according to "growth" or "value" characteristics. 

Each situation is a function of three forces: price, expectations, margin of safety.  The fluctuations of economies is a result of the disparities between expectations and reality.  The further divorced from reality the expectations are the greater one's margin of safety should be.

Ry believes that the next "shoe to drop" may be student loans, a sector which is hardly getting any notice as the "shoe hasn't dropped yet".  Students are largely unable to find employment leading to delinquencies on student loan payments, not to mention that the return on investment of a college education and the cost of the tuition is in stark contrast to the economic benefit derived from having a degree.

Ry went on to say that the real economics solutions are, at the moment, politically impossible.  Hence, we have the caprices of Man enter into the equation.

He also believes that should hyper-inflation invade the U.S., it could most certainly begin once the world decides to give up the U.S. dollar as its reserve currency.  He believes that since at least 75% of the world's transactions are made in the U.S. dollar, the inflation is being shared throughout the world.  Once the dollar is not longer a the currency of choice, that inflation will come back home multiplied.

The next meeting will be on Sunday, November 4th, 2012. 

For those who have not attended a meeting, but would like to attend, please email your wish to VJ Arjan at scarletkings@gmail.com

Also I find that there are many domestic and international readers who are following our 

blog posts not only in the United States but all over the world including Europe, Latin America, and Asia. If you wish to be added to our email list, please email at scarletkings@gmail.com

Incredible

As you all know, we've been meeting up for a while now, for several years.

But in addition to growing tremendously from each other and learning from each other, maybe our conversations have made us famous as well.

If you search the words 'Scarlet Kings' on Bing or Google today - we are #1 on Bing and #2 on Google!

Basically that means that we are more popular, more searched than a country music band by the same name.

Below are screenshots:

(Click above for larger image)

Thank you all for making this group a successful one!

VJ

Next Meeting of the Scarlet Kings

Greetings to All,

The next meeting of the Scarlet Kings will be held on

Sunday, October 7th, 2012 at 12:30PM.

Location: On The Border

(4855 Belt Line Road, Addison, TX 75001)

Please join us for a fruitful and lucrative discussion!

Very Sincerely,

VJ

Meeting Minutes

We had a wonderful meeting today at The Olive Garden!  We had a total of 4 attendees: (from left to right) VJ Arjan, Kevin Day, and another who chooses to remain anonymous.  Ry Zamora also joined us later on as well.

Eurozone Drama

We started off the meeting by remarking how the Eurozone crisis as been sidelined of late and investor sentiment regarding the issue can be described as mild apathy.  This is probably due to a variety of reasons:

·         Ry mentioned how August is a vacation month (or Ghost-month, according to the investor world), not to mention that the world is still coming off of Olympic fever

·         It was mentioned that it is in Germany's best interest to preserve the Union and continue to benefit from various free trade agreements it has with the other countries in the Union, being a primarily export-driven economy

However, Kevin mentioned how Europe is still a grave concern and although it may not provide for a source of heart ache at the moment, its problems can only be stuffed under the rug for so long until a critical mass is reached. 

Even the ECB's recent promise to ultimately sign over a blank check for buying up sovereign debt of the PIIGS can and will only work if the sovereign nations put through severe austerity measures, which are a strict condition of the ECB's blank check policy.  Otherwise, the inevitable collapse is merely being delayed.

Ry mentioned that an important date to keep in mind regarding the Eurozone is September 12th, which serves for the general election for the Netherlands and also the deadline on policy regarding Euro member economic integration.

Obamacare

Kevin explained that if it was any doubt what the doctors in the state of Texas feel about Obamacare, they are decidedly against it.  He recently went to his doctor and it seemed that the subject of the oppressive measures put into place by Obamacare seemed to pop up no matter what the topic.

As for the rest of the country, it is evenly divided - contested and approved:

http://abcnews.go.com/blogs/politics/2012/06/americans-split-on-affordable-care-act-ruling-gallup-poll-finds/

U.S. "Big Brother" Foreign Policy

(Still of scene from Brave New World)

As a real-life example of the "might makes right" allegory first expounded in the legend of King Arthur, the reality of being the lone super-power in the world is quite a different story altogether, one which adds to the mix the human emotions of envy and jealously.

Kevin Day, who has lived in the United States since the 1950s explained how during the last half century, the United States has increasingly taken on the role of "big brother" in some cases, and "big bully" in other ones.

The result is that today due to President Bush's foreign policy foible of invading Iraq, we have a scenario in which a Great White Shark is in the midst of a multitude of hungry pirahnas. It is quite clear that much of the world would prefer that we first are able to take care of ourselves before being bold enough to take care of others. 

However, this is also much more easier said than done.  In a world where, Russia and China, want to involve the U.S. in a war that can distract their attention away from their "spheres of influence" and one in which America's enemies forge alliances, like the one recently forged between Iran and North Korea to share information on military technology, in the new world order, the United States must carefully pick and choose its battles.

VJ brought up that if history is any guide, any empire in the last began its decline when it ceased to recognize that it simply could not sustain its place in the world any longer.  Often times like in the Roman Empire, the abuse of credit led rapidly to its fall.  This is especially the case when the empire in question has to uphold its empire, while engaged in wars.  This was the fatal flaw of the British Empire, which by the end of World War I had instilled into place the foundation that would lead to the unwinding of its colonialist and mercantilist presence.

Bush Tax Cuts

Kevin mentioned that the feed from the grapevine suggests that the Bush tax cuts, which are due to expire at the end of this year, will be extended, but only in regards to the policy regarding the taxation of long-term capital gains tax, which will be kept at 15%.  The modification of the policy will demand a more hefty tax on corporate taxes.  It is still ultimately detrimental to the investor, but indirectly so.

The Negotiator President

We discussed in length the GOP convention and what effect it made upon the election, if any at all.

Kevin suggested that picking Paul Ryan as his VP was beneficial to Mr. Romney's ticket.  His emphasis on the reduction of the fiscal debt and also in rolling back entitlement programs, like Social Security and Medicaid, programs that will balloon to be bigger than any amount of  political rhetoric in the future, will curry favor to the fiscally conservative Independents, who will largely decide the election this year.  As is the case generally in every major election, each party will support their candidate in the election.

That being said, we also discussed Mr. Romney's greatest setback, which is the impression that voters have of him as being "out of touch", or at least "less in touch with the common man".  His ticket will largely depend on whether or not he is able to broaden his base to appeal to many more groups of people.  He is, however, becoming a much better speech maker and has gotten progressively better as the election has rolled on.

On the other hand, the Democratic conventions, appear to have nailed this piece.  VJ explained that although the Republicans will make it difficult for Mr. Obama to secure his second term, Mr. Obama sheer presidential charisma may lead him, albeit unfortunately, to a victory.

As voters take sides, the next great challenge ahead for both candidates are the 3 debates in October - 2 Presidential candidate debates, and 1 for the Vice-President candidates.

We all discussed what exactly Mr. Obama's shortcomings were as President and we all agreed that his greatest shortcoming was his inability to get both parties together to lead them to a compromise.  In this regard, President Clinton and President Reagan were able to do this effectively during their tenure.

However, the greatest negotiator of them all, may have been President Thomas Jefferson.  During his day, if there were ever a point of contention between the parties, or a highly bi-partisan attidude regarding an urgent issue, Mr. Jefferson would literally call the more extreme fringe elements into a room, close the doors and they would literally stay there together until there was a compromise agreed upon.  Not only would he close the doors, he would close the windows as well so that the stuffy environment would lead to a swift conclusion.  In one word, leadership. 

No doubt, today, we also have individuals on both sides that are taking on extreme views.  The rolling in of many Tea Party candidates during the last Congressional elections has not lead to forward progress but a virtual stagnation in policy making.  In fact, the majority of the public's disillusionment is not as much with the President than it is with Congress, the former of which currently has a 45-50% approval, while the latter has a 15-20% approval rating. 

VJ mentioned that at times like these, it would be helpful for our Congressional leaders to remember the words of Nelson Mandela, who advocating the attitude of having the "brain dominate the blood".  The logical conclusions of one's actions must take precedence over the emotional ones.

Greed

(Hetty Green, Witch of Wall Street)

"Greed is good." - Gordon Gekko, Wall Street

Recently an inherited Australian billionaire, Gina Rinehart, made the comment that poor people should "spend less time drinking, or smoking and socializing and more time working" and also advocated a $2-a-day wage for Australian mine workers.

For such a statement to come from someone who perhaps hasn't had to work in her lifetime, is a real tragedy.  It is possible that there is a great inner insecurity for such people who complain about the wages being given to workers while they themselves have been give so much.

It reminded VJ of Hetty Green, the "Witch of Wall Street" who during the Gilded Age of the late 1800's made a fortune of $100 million from American railroad bonds.  For your amusement, here were some curious quirks of hers:

·         Despite being a multi millionaire, she never turned on the heat or used hot water

·         She wore one black dress and undergarments that she changed only after they had been worn out

·         She did not wash her hands and ate pies that cost 15 cents

·         The rumor goes that she once spent a whole night looking for a stamp that cost 2 cents

Market Bias and Investments

The meeting minutes would not be complete without a mention of the economic environment yet to come.  

Here were some points and some investment opportunities that were brought up:

·         VJ noted that the Dow has been unable to break the 13,200 level 4 times since April.  It serves as a key resistance point at the moment.

·         The Federal Reserve hinted in its recent minutes that more easing would come "fairly soon" giving investors a harbinger of the anticipated QE3.

·         The housing market is showing signs of a recovery as median home prices were up 9.4% from 12 months ago.

·         There is an evident slowdown in the emerging markets.  China's Producer Manufacuring Index is now flat to down from over a year ago.  However, Kevin believes that the slowdown will be merely that and that a collapse will not ensue.

Potential Investments

·         GEJ - General Electric Preferred Shares

·         GJM - GMAC Long-term Notes (7.5% yield)

·         CII - BlackRock Enhanced Capital and Income (9.5% yield)

·         TLT - iShares 20+ Year Treasury Bond (short candidate)

·         SAIA - Saia Inc. (trucking company with healthy operating margin and low debt)

·         WBK - Westpac Banking (Austrailian banking firm with 6.5% dividend yield)

·         SGC - Superior Uniform Group (no debt, 4.5% yield)

·         NFLX - Netflix
·         GOOG - Google
·         V - Visa
·         MC - Mastercard
·         CRR - Carbo Ceramics

NASA Curiosity Mars Landing

It is amazing to see how the rocket scientists and astrophysicists at NASA can display the excitement of the avid football fan, but here it is and it is a real pleasure to watch.  Enjoy!

The next meeting will be on Sunday, October 7th, 2012. 

For those who have not attended a meeting, but would like to attend, please email your wish to VJ Arjan at scarletkings@gmail.com

Also I find that there are many domestic and international readers who are following our blog posts not only in the United States but all over the world including Europe, Latin America, and Asia. If you wish to be added to our email list, please email at scarletkings@gmail.com