Allen Frazier brought Jon Gilbert from Arthur Anderson with him when he formed Frazier Securities. Jon is a former cop, who despite getting an MBA is better suited eating donuts and drinking bad coffee. Allen puts Jon on the boards of his companies, even if the CEO’s [sic] have never met Jon before. Jon destroyed our $150 MM company, just by his actions on our board. His constant whining and squealing at board meetings eventually worked, as he undermined the CEO, and forced the company to be liquidated for $15 MM.