Expense Reduction Measures

Shortbus Ventures has not been immune to the downturns in the economy, and we are in the process of reviewing all of our expenses to reduce them where ever possible.

One early measure suggested by our CFO is to reduce "padding" of expense reports with extraneous mileage. We understand that gas prices are affecting all of us, but cheating in this way can rob the company of resources at a time when whe despartely need them.

Effective immediately the following verification methods will be required to receive a mileage reimbursement.

1. When ever possible a trip plan should be approved in advance by a member of the management committee. This shall include a google or other map which details the route as mapped for least distance. If this is filed 24 hours in advance, only trip verification will be required.
2. If this is not possible, a member of the management committee may check your odometer before and after your trip. A post trip map must be filed with your report and the minimum of the two will be payed.

Trip Verification - In order to prove that you in fact visited the facility, we will now require a photo at the visited location upon arrival. This must include a photo of the day's newspaper and either the company logo or address of the visitation. Ideally a timepiece would be clearly visible, but is not required.

Failure to follow these guidelines will result in reimbursement being withheld. Repeated violations can involve termination.

Managment committee members are exempt from these requirements, as company cars such as my Aston Martin are considered advertising for the success of our company and partners.