EXHIBIT 17.2
To: The Board of Directors - Fog Cutter Capital Group Inc.
From : David Dale-Johnson
Date: April 27, 2005
Re: Resignation
Effective immediately I am hereby resigning from my role as a Fog Cutter board member and Co-Chairman of the Board of Directors. This resignation does not include director positions that I hold or may hold in the Company’s subsidiaries. The reason for my resignation is to devote my full time to my responsibilities as Chief Investment Officer of the Company.
/s/ David Dale-Johnson |
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David Dale-Johnson |