I always felt that GVSI had too messed up of a history to be a good custodianship shell.
That being said, George has put forth a commendable effort to try to clean up the shell. Most people wouldn't have gone as far as he has with his efforts.
I'm sure he'll exhaust all his options. I get the idea that he doesn't like to fail.
But I honestly couldn't tell you if he'll eventually accomplish his goals with the shell or not. Some shells are just too dirty, and all the good intentions and money in the world isn't going to fix that.