- We will not allow anyone to disturb that and will defend our company
[Very true, we all have learned about the Elliott counter lawsuits against unruly investors]
- we did continue to support his large financial compensation and generous lifestyle
[is this about Pablo or about Derek? We just have seen his Credit Card statement]
- Pablo was allowed to continue to control all of the finances of the company
- gave him an unlimited budget
[Why would they?]
- we all knew that changes had to be made
- we have appointed a very qualified hotel controller
[This is it, they blame an event or a person and promised positive changes which never happened. This is why we have seen the past losses and still believed in future profits]
- We have been suspicious of several transactions
[Suspicious gamble transactions? Credit Card payments? Marketing Expenses?]
- wages to his staff far above industry norm
[we need somebody sending us a corporate payroll and compare to the industry norm]
- to satisfy his employment termination as well as a professional non‐disclosure
- Neither of these agreements have been honored
- Pablo Chavez has attempted to twist and manipulate a situation within our company that is wrong, untrue and unjust through his actions and false allegations
[The non disclosure agreement is very important to Derek. There are rumors that Pablo Chavez disclosed information to a group of shareholders. These shareholders are facing a lawsuit from Elliott. Is he referring to the gambling payments by false allegations?]
- We as a company will always do whatever possible to avoid a fight
[He is contradicting his previous statement]
- nor will we fall victim to blackmail or extortion
[blackmail or extortion for something they did wrong?]
