6 —WEDNESDAY, MARCH 18, 1998 Commerce THE UKIAH DAILY JOURNAL, Commerce Continued from Page 3 help MBC "preserve old English brewing values." MBC's brews are, after all. modeled on British ales. Mallya also announced that MBC will start a line of hard apple ciders here in Ukiah this year. (Master Brewer Don Barkley afterwards said that was news to him, but he \vould love to try it.) The company's press release about Neame's visit said the trip would include discussions about future plans to brew Shephcrd- Neame's ales here in Ukiah and Red Tail Ale at the Shepherd- Neame brewery in Faversharn, Kent. But Mallya backed away from that Tuesday, snying only that there was an intention to collaborate on contract brewing for each other but he couldn't say when. "We don't want to be handling too many brews too quickly," he said. When UB Group made the deal with MBC, it included a Saratoga Springs, New York brewery which Mallya announced would roll out Red Tail Ale in May. MBC will also own the brands of three beers made in New York under the new label of "Ten Springs" ales. There will be Ten Springs Saratoga Classic, a pilsner, Ten Springs White Face Pale Ale and Ten Springs Fat Bear Stout. The Indian Kingfisher brand will also be brewed in Ukiah and New York. UB Group may not own MBC outright, but there's no question who is charge these days. Mallya has cleared the management decks, brought in his own people and is running the business, like, well, a business. He's also spending a lot of money on marketing and sales and is determined to put this American craft brewing business at the top. He claimed sales growth of 30 percent in the first two months of 1998 and says he's quadrupling MBC's marketing budget to $1 million. Neame didn't have much to say. He was certainly understated about his opinion of Red Tail Ale, and the other MBC brews, which he was tasting Tuesday for the first time. He called them "interesting" and said they had "ale character," although British ales, he said, tended toward more and finer hops. "The ales are, ales," he said cryptically. Then, when asked if there was anything he could take back to England from his tour of our brewery, he chuckled and said, "I'll take back some samples." I guess when your family's been brewing ales for 300 years you're not impressed by much. The Mendocino County District Attorney's office says it collected $2,757 in bad check restitution in the month of February. Local merchants submit- ted 93 bad checks to the DA's office that month. The DA's office has been able to collect some $84,000 for merchants since the restitution program began. If you get a bad check and you're having trouble collecting, call them at 1 (800) 4546737. Info is also available on the Internet at www.da.bad- check.com. There's a possible business problem which hit in the Elk area and which non-profit businesses need to be aware of. The North Greenwood Community Association has written to the state Attorney General's office about a contact the small nonprofit got from something calling itself Corporate Compliance Center. According to the NGCA the CCC , using language implying it was a state agency, wrote to them telling them that their corporate papers must be renewed in 1998 (which they knew) and demanded the names and addresses of corporate officers and an $80 fee. What NGCA got for its $80 was not a renewal of its corporate papers but a packet of information on how to renew its corporate papers. NGCA also says the phone number the company gives is not in service. They're asking the state to find and prosecute the company. There's a new business in town. Debbie Erickson has opened Collectors Depot at 2191 S. State Street, across from Skate City. She specializes in antiques, curios, collectibles and furniture. She's open seven days a week. The phone number is 462-3131. For those of you with weddings coming this year, you'll want to attend the bridal show at Redwood Valley Cellars March 28. Miss Mendocino County and her "court" will model gowns and folks with wedding- related businesses (caterers, bakeries, florists, etc.) will also be on hand to talk to you about your event. For more information call 485-0322. For those of you who went; to Costco in Santa Rosa last weekend hoping to run into David Gaon and Zack Levent^s and their apricot sauce, the partners say they weren't able to, make it but will be at Costco, March 21 and 22 from 10 a.m. to 6 p.m. LOOK FOR THE WINNING LOTTERY NUMBERS DAILY in the UKIAH DAILY JOURNAL Money Continued from Page 3 live, you may be subject to state and local taxes on the distribution. •You may have to pay an additional 10 percent penalty tax if you are younger than age 59 1/2 when you receive the distribution. This penalty tax is waived if you are retiring and have reached age 55, or if you are disabled. It's pretty clear that spending any portion of your distribution can be costly. If you decide that taking some or all of your distribution in cash is necessary, talk to your financial advisor about techniques - such as substantially equal payments or forward averaging - designed to cushion the tax blow. Avoiding the 10 percent premature distribution tax. If you are under age 59 1/2 and facing a short-term cash shortfall, you may want to consider a strategy that allows you to withdraw money from your IRA and avoid the 10 percent penalty tax on premature distribution. Under this strategy - known as substantially equal payments or 72(t) distributions - you must calculate your distributions according to one of three IRS- approved formulas, and distributions must continue for five years or until you reach age 59 1/2, whichever is longer. After that time, you are free to change the amount of your payments or stop distributions altogether. Your financial advisor can help you determine whether you are a candidate for this strategy and can prepare an illustration of the penalty-free withdrawal amounts you may be eligible for. Financial security takes planning. Now is the perfect opportunity to create a financial plan that preserves your retirement plan distribution today and builds financial security for tomorrow. Barbara Reid is a Certified Financinl Planner professional and an Enrolled Agent licensed tax and financial services in Red- hy the US Department of Trea- WO(jd Va u ey to sun' to represent taxpayers before all administrative levels of the IRS. She has an office for 800-559-5377. For more information call I- REALTY BROKF.R SELZER HOME LOANS ARRANGED ON: Commercial • Residential • Bare Land Mobile Homes on Land ...CASH FOR Residential/Commercial • 1ST, 2ND & 3RD DEEDS OF TRUST • COMMERCIAL • CONSTRUCTION • HOME IMPROVEMENT LOANS • DEBT CONSOLIDATION LOANS WE PURCHASE EXISTING FIRST, SECOND & THIRD TRUST DEEDS FOR CASH 462-4000 RICHARD SELZER • UC. BY CA DEPT. OF REAL ESTATE RICH AND BONNIE SHATTENBERG Rich and Bonnie Shattenberg are missionaries to Madagascar, serving with CBInternational (formerly CBFMS) of Wheaton, Illinois. They are currently in the United States, and will be speaking about their ministry at Calvary Baptist Church, 465 Luce Ave., Wed., March 18th at 7 p.m. In Madagascar few job opportunities exist, and the education system can not handle the demands. Recognizing this, the Shattenbergs started the Bible English Computer School four years ago in their home. This school combines biblical studies with training in the skills of English and computers. It started with five students and has mushroomed to 60. The students come from a variety of churches and faiths. A former student is teaching computer, and three short-termers are teaching eight daily sessions of English. Mr. Shattenberg teaches the Bible, prepares teaching materials, and administers the school. The Shattenbergs hope that the young people whose lives have been touched by Christ will share their new skills with others. Then their new lives will make an impact on the Church and on the nation of Madagascar. Mr. Shattenberg also works in four churches and two preaching points, assisting five pastors. Mrs. Shattenberg is developing Sunday school materials for adults and children in three churches. She also helps with Bible clubs and teaching materials for young people. They plan to return to Madagascar in May 1998. , # PAREIUTLY, WORE THAN THE BUFFALO ROAM. noo BONUS MINUTES. 100 BONUS MINUTES PER MONTH FOR 12 MONTHS. PHONES AS LOW AS $9.95. HALF OFF ACTIVATION FEE. (regular price $30, now only $15). OPEN SUNDAYS NOON - 6PM. John doesn't like to be fenced in. And with our new expanded roaming area, he can call from almost anywhere in the Pacific Northwest without roaming charges. United States Cellular* wants to bring down any barrier that might prevent you from going wireless. UNITED STATES WIRELESS COMMUNICATIONS The way people talk around here'" Safety- 1 ^burmost important call Tho Wireless Industry Reminds You To Use Your Phono Safely When Driving •A' Shop United States Cellular* on the Internet at www.uicc.com Offer valid on select rate plans. Offer requires a 12 month service agreement. Offer valid on select rate plans. Roaming charges, taxes, tolls and network surcharges not included. Other restrictions and charges may apply. See store for details. Offer expires March 31,1998. Clearlake 14225 lakesliore Blvd. (707)995-1263 Crescent City 122 Highway 1 |/0/)465-3008 North Eureka 1630 Broadway (707)441-1823 or 498-USCC Ft. Bragg 247 B North Main Street (707)964-1666 SuMiwiUa 2585A Main St. (916)257-4463 Ukiah 1393 North State Street (707)489-8722 or call 489-USCC ' ^ X -»' '. V -V '-.* I 4:! £!
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