Board of Directors

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Original Message:

Re: Board of Directors (by Michael D.):

Here it is.... I was at the Board of Directors meeting this afternoon at the Grand Hyatt Kauai... The meeting began after an informal get together in the Grand Hyatt Ballroom where I had the oppurtunity to taalk with Diamond Resorts new Vice President Shaun Erickson of there Resort Operations... He was a nice person and ndid take an interest in my problewm with the manner of which the sales personel misrepresented the product they where selling... Beyond my singular problem with DiAMOND RESORTS, the actual Board meetingh was rather bland... There were many members there who were to put it mildly, upset with Diamond Resorts management for maany reasons, among them the rising annual costs and a bit more with the way management seemd to dismiss the concerns of the general membership, ie the Board and its conflicts of interest. The Board Meeting ended with not much discussion of those issues, as the format was designed to keep those issues off of the annual minutes of the meeting.. But then the discussion was opened to Q & A.... Fireworks, almost a unanimous upwelming of dissatisfaction and conflict with the manner in which this Board Meeting was held... The Conflict of Interest that seemed apparent to the attendees boiled over when one member started to challenge the makeup of the board. The manner in which they were presented and elected the new board member, who is a Diamond Resorts Employee... Then there was a unanimous agreement that the impression of the Diamond Resorts management was that they were trying to stack the Board with those who would go along with the present direction of management against the interests of the members... Those last 5 minutes where the most important moments for the members and the future of those who want to enjoy this facility... The Board is now made up 3 members who are INDEPENDENT owners, and two two who represent Diamond Resorts.

I will add another section after this that will explain where we go from here