We should also consider giving GM a deadline for getting things going or resign. I propose that the deal must be completed by the end of June, and that the financials be up to date. If he can't meet such a deadline, he needs to let somebody else try to make this work.
Also I'd find someone else to run this company. The name is great, it's the right timeframe in the TV and movie industry and the current execs are bungling everything.