You could have stopped with the first sentence "I believe there has been serious negligence to the cost of us all"

Again consider:

The Concerned Shareholder Circular states that if Granger takes control of the Company, he will seek to be reimbursed by the Company for his out of pocket expenses, including an amount of $225,000 and legal fees incurred in connection with the solicitation of proxies for the Meeting.

The Board estimates that the costs to be borne by the Company in connection with Granger's proxy contest will range between $500,000 and $800,000 including the costs to be incurred by Fancamp's management to protect your Company.

And:

Granger convinced the Board to authorize the engagement of a third party legal firm of his choice for, in his own words, "support purposes" in connection with the negotiation of the Champion Transaction - it being understood that Granger, a seasoned corporate and securities lawyer, would lead such negotiations in an uninterested fashion. The Board was later surprised to learn that Granger had retained an external legal firm, where Granger was once a partner. More importantly, the Board wishes to underline that the external legal firm invoice totaled $389,000 for the performance of support services over a two-month period.

Glad Peter did the right thing and got rid of him