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Chairman Foo's tenure at VOG has had its day. Chairman Foo has had his chance to take VOG to the stars and back. But each time he has decided to go on a spending spree. He is not in tune with the needs of investors, and if we let him have his way, he will bankrupt VOG. If VOG is to have a future, this man must go. And so must members of the Board who dance his tune. We need an extraordinary meeting where shareholders can cast their vote of confidence or otherwise. A personally less painful option would be a hostile takeover, where the whole infrastructure is given a good spring clean and the present hierarchy is excised. Investors need to listen to the market -- not the ifs, buts and maybes of a reckless soothsayer.
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