October 10, 2008
Tours Financial Position
To Whom It
Because of the
current world financial situation, we feel it is
important for you to know that you can trust in
Pilgrim Tours. Please note the following
Financial Position Statement:
- Pilgrim is a
privately held corporation that has no debt.
- Pilgrim has
been a tour operator since it's incorporation
in February of 1987.
management team has decided to hold previous
profits in reserve for the purpose of getting
through any difficult financial period.
- Our customer
payments are not used to pay for other needs.
They are held in reserve for the future tour
- Our bank
accounts involving client payments are split
between a variety of institutions allowing for
full recovery of funds backed by the FDIC.
- Our hometown
bank is in a very good financial position.
We will be here
during good times as well as difficult times.
We are determined to continue to provide
professional services and products of excellent
value for many years to come.
You can count on
David M. Nyce