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The annual report looks good.
It's great to see an excellent picture on the front cover. What we see is a picture of a highly-respected engineer (Raul Olivera) who is hugged by the students he has worked with over the past 4 years, in a moment of victory. This picture says alot. You can see the bond between the students and the engineer, and you can see the mutual respect shown.
Also, it is good to see sound financial information reported. It is a good sign that Dean did not need to add to the assets of FIRST this year and they can operate on their own accord without his financial assistance. Now, if they can lower some of those expenditures like they are planning to do, next year's financials will be even better.
Andy B.
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