E-mail from Benjamin Milk to LiveDeal,
Inc. Board of Directors dated June 24, 2008
Rajesh and Fellow Board
Members--
Thanks to you all for your contributions
to the very good LiveDeal board discussions this week. I was very pleased to see
that many of the governance and other issues that have concerned me over the
past eighteen months, and which I repeatedly tried to advance under Dan Coury,
have finally been embraced under the leadership of Mike Edelhart. However, I
remain concerned that many other issues that have been raised, primarily by Joe
Cunningham, have yet to be addressed. While I hope that such allegations will be
investigated and found to be without merit, I do not believe that I am in a
position to make a meaningful contribution to resolving these matters. Under the
circumstances, I am resigning from the LiveDeal board of directors effective
July 1. I wish you every success in revitalizing LiveDeal and growing the
company’s presence on the
internet.
Benjamin