ecwinch
TUG Member
- Joined
- Jun 6, 2005
- Messages
- 3,737
- Reaction score
- 1,124
- Location
- San Antonio
- Resorts Owned
- Marriott Harbour Point (HP), Kauai Beach Villas, Riverside Suites, WorldMark Pts (WM), Wyndham Pts
So that is why you see me pan the responses by the board. They are not answering the hard questions.
I think if you go back to beginning of this thread, you will find your "hard" questions are a moving target. They have delivered two lengthy responses to your hard questions - one general in nature and one more specifically aimed at the questions you raised. Clearly this issue is consuming some portion of their limited time. Now you have a slightly different set of questions. Since you clearly have their attention, my recommendation is that you follow the same process, and ask them follow-ups to any new questions you have in the proper format. But do not belabor items they have answered or answers that you do not like. For instance:
There is no resale value today for the Ocean Club. Why would you buy a unit at the Ocean club when you can pay almost the same price and save 500 in MF from the surf club?
Not really an issue the BOD can respond to. The BOD only indirectly influences the resale value of the OC, but providing good stewardship of the resources at hand. They have no control on the economic situation in the US. Also see other threads regarding significant drops in resale prices of most MVCI properties.
Yes the letter says this was a planned switching of power. I can not reveal how I know but I do. Allan was forced out as president. He was forced out the day prior to the owners meeting; he was caught completely off guard. You could see how uncomfortable he was presenting to the owners. Frank wasn't even at the meeting. Allan also had to let Marriott answer most of the questions.
So this statement from their response is inaccurate:
"During the January 2008 Board of Directors Meeting, the Board developed a succession plan to ensure a seamless transition from Mr. Cohen’s long and distinguished service to a new administration."
So at the Jan 2008 meeting, no succession plan was developed, and Mr. Cohen did not participate in the development of the plan. I think, the timing and mechanics of how the plan was executed is really not germane to the conversation unless you are Allan Cohen or a close relative.
Why in the papers for a lawsuit they said the building was defective, but now they don't. I and others want to know why the discrepancy.
I really think they answered this in the section regarding the roof and in "Does the Board represent Owners or does it represent Marriott Vacation Club?". In the initial demand letter, they used strong language to characterize the building, as you will often do in such cases. It does not make that characterization a fact. Now after reflection and reviewing the engineers report, they have decided to pursue a different course of action, and have been successful in obtaining financial concessions from MVCI. In light of the uncertainity of legal proceedings this might be the prudent course of action, but can always be second-guessed.
Why was a board member not aware of this document, why is a board member not given access to the email sent to the board’s mailbox. Tells you that if you support the owners you are blocked and your opinion does not matter.
I think this is an internal board issue. I assume Allan would ask this question of the board. Since you and he are in communication, what answer did they give him? On a side note, having multiple people with access to a single mailbox raises it own set of challenges. And I why would every e-mail be provided to every Board member.
Why has the board refused to share with owners the engineers report on the roof and building? There is a lot of info they do not want us to know
When was the request made and what response did they provide to the requestor? If you have specific information on what is in the report to support your assertion that they are hiding information - then provide it.
Again, I will reiterate my point that you are viewing every response they provide as validation that they are MVCI "puppets". I do not think you are objectively viewing the responses they are providing.