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Re: Board of Directors (by Robert M.):

We also have two recorded documents: Warrenty Deed and Special Power of Attorney for our timeshare purchase in 2004. I called County of Hawaii and they only list Poipu Resort Partners, LP as the owner; they have no list of timeshare owners. You can check it out at: www.kauaipropertytax.com by using ID # 280210010075. It also shows that our property taxes have remained very consistent for 4 years now. I tried the Bureau of Conveyances, State of Hawaii and left them an e-mail. Go to: http://hawaii.gov/dlnr/divisions and you will see their contact info. Unfortunately, the list could be very expensive at $1 per recording to get it on a DVD. What might we estimate for all the timeshare sales, $30,000+?

Very interesting is article 19 of the Special POA document. It says that Poipu (I assume Diamond today) has the right "to appoint one director to the Board as long as Poipu continues to own an Ownership Interest in the Program." So how can they legally try to fill more Director positions with their own employees?

Also, interesting is that the Program dissolves on Decemer 31, 2015. That is only 6 years away, so I assume that Diamond will aggressively try to get a majority ownership before then to maintain control the property.

If anyone is going to the Board meeting, I'd sure like to know why Diamond is ignoring the intent of article 19 in our contracts.