Ann: HGV ANNOUNCES BOARD RENEWAL, page-2

Hallelujah. Not before time. Probably the most incompetent board of directors I have ever experienced. They had no hope of resurrecting this company. No products, no mission, nothing. Years and years trying to resurrect a sinking ship. They were riding the gravy train with most of the fuel (money) exhausted so no point hanging around. Just have to make sure director Wall follows through with his promise to resign once a new investment manager is appointed. Don't know why he has to wait. Curtis was an arm waver who was caught naked when the tide went out.

Hopefully new directors will wind it up and pay out long suffering shareholders. Directors say there has always been a yawning gap between book value and market value of underlying investments. However some big ticket investments are unlisted. Maybe deserting the ship now may be an indication the underlying value is not there and they don't want to be around for the final moment of truth.