Pure point TS companies & Mugwamp Swamps

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

Not a WM owner, I believe this is all this proxy thing come down to. If a WM owner think he/she trust WYN (or CD, or TW) that can protect his/her interest or not.

I do have some stupid questions
1. Isn't WM BOD has term limit, even if PA can name all the board member?
2. In your estimate, what is the chance PA will control the BOD, and what situation will that happen? Based on the resale value, I will think PA will be lucky to get just one in.

Jya-Ning

A term does have a duration. I am not sure what it is. I think this will be a several year process. This is just my guess based on what I've read on these boards. I don't know PA's actual plan.

I guess the overall strategy would be to educate owners on their options for having an independent board believing that owners will favor independence over developer domination. Once that is achieved, owners can decide for themselves if they prefer owner controlled vs. developer controlled boards. If they were to achieve independence, it would be up to the new board to keep proving to owners that they are doing a better job for them than the resort developer.

The natural side effect of this owner communication would be lots of information about resales and the resale value of their ownerships. Once they learn that, it may become difficult for Trendwest to sell to current owners. If that happens, then the developer might stop adding new resorts to the club using the current developer sales model. This may be good. Maybe they will just do internet sales without a commissioned sales team and let Fairfield new owners pay for the new resorts at full price. LOL.

But, on the other hand, this could be bad for Trendwest. They might just pull out of WorldMark completely. Or, at least significantly reduce their efforts there.

[shopgirl Senior Member Find all posts View Profile Close shopgirl]

I could not find Hatrack's vegetable/fruit stand story.

I guess when the thread was shut down, it really did die a slow death and then disintegrated. I searched for all of Hatrack's posts and found nothing on his RCI points analogy.

It was very good, entertaining and right on! But that was RCI Points.

I met PA today, if you can believe it. He saw my post and was flying to Denver this morning. We had breakfast at Denny's and talked about Worldmark, Twin Rivers and all things timeshare. It was fun.

So now I have met PA and Hatrack, so next will be BB, Carolininan, JLB, Big Frank, Marti, Emmy, the list goes on...... I decided I better add some women in that list.

PA has great motives and would never lie to any of you about them. I was always sure about that, though.