2004 ADGA SPOTLIGHT SALE COMMITTEE REPORT

Committee Chairpersons: Susan Barker and Ralph Zimmerman

Committee Members: Tina Antes,Lynn Benedict, Kristi Bozzo, Jena Buck Patricia Dean, Brent Dietrch Mary Stiles Iager, Paul Kempe Jr, Mike Korhonen, Jean Lucas, John Miglio, Greg Murphy, Debbie O'Brien, John Pfeiler, Cathy Pindell, Jane Robinette, Lisa Siebert, Peter Snyder, Teresa Wade

Statement of Goals and Objectives For The Year

To solicit nominations for the ADGA Convention Spotlight Sale, Select from the nominations for the sale and then to run the sale at the Convention.

Summary of Committee Work During the year:

The spotlight sale of 2003 took place after the 2003 directors meeting. The 2004 Spotlight Sale sold 24 animals for a total of $67,900 with a sale average of $2829.16 The high selling animal was consigned by Dennis and Patricia Dean and sold for the record breaking price of $16,000. 7 consignments sold over the price of 3000.00 and 8 animals sold over the price of $2000.00

· Spring 2004 - Letters sent out to committee members that included a letter of welcome. Also enclosed was a questionnaire for committee members that discussed problems encountered during last years sale and also brought up ideas that had been discussed by members during last years convention

· May 2004 - Information and applications for the spotlight sale were posted on the website and applications were sent to those who requested them.

· Late June 2004 - The spotlight sale committee package was assembled. There were around 50 nominations to choose from this year? These were sent to the committee members. From those 50 nominations 25 were selected for the sale.

· July 2004 - the chairpersons of the committee notified persons who nominated animals for the sale as to whether or not they had been accepted

. · July 2004 -Letters were sent out to owners of accepted nominations informing them of their acceptance and asking them to submit information for the website and informing them of advertising deadlines. Letters of notification and a thank you for the effort were also sent to people who had nominated their animals but had been declined.

· August 2004 - Ongoing contact between the committee chairs and the consignors continued in order to get the information together for the website

· Sept 2004 - Consignors were sent a letter informing them of final information for testing, information pertaining to deadlines for arrival; handler selection etc was also included.

Financial Statement

An overall profit of $5,403.06 was achieved. A full financial report is attached.

Problems Encountered:
None

Decisions Requiring Board Action:
None

Long Range Goals:

To continue to manage the sale in profitable manner and continue to increase the average sale price per goat. We are encouraged in that we are now getting a higher average price per animal for the sale and that the individual prices are generally higher. We also hope to work closer with the Annual Meeting Committee in order to define and outline our responsibilities more definitely.

In the near future the committee will be discussing the possibility and feasibility of including embryo sales as an additional feature at the sale. With limited exports due to current world market concerns the sale of North Amercian genetics both cross border and world wide may become a viable market once the clearance is in place for embryos to once again be available for export.

The committee will also be discussing enhancing media advertising through the intranet and through ADGA in order to gain a larger audience than it is currently circulated to.

Financial Statement

Income:

Spotlight Sale Income:	$67,900.00
Consignment fees	$3,250
Total Income	$71,150

Expenses:

Payment to owners of consignments	$60,067.50
Committee Expenses	$2530.46
Miscellaneous Expenses	$ 1298.98
Spotlight media	$ 1850.00
Total Expenses	$ 65746.94
Net Ordinary Income	$ 5403.06