Our team waited until the meeting finished at 7:30, but Chairman Lois Young told us that she couldn't give an interview because it's only fair that she speaks to the CEO before she makes any announcement.

Well, we tried speaking with Chairman Lois Young today to see if she had spoken to the CEO and she told us quote, "Nothing yet."

And then, this evening we were told that Chairman Young has scheduled a meeting with Bailey-Martinez and Internal Auditor Denise Mahler - at an undisclosed location - so now, we're waiting on the outcome of that.

As we've reported, Bailey and Mahler were both placed on administrative leave after the board reviewed allegation of insider trading on the loan write off programme. It is known that Martinez paid in thirty thousand dollars to bring the outstanding balance on her 80 thousand dollar mortgage to fifty thousand dollars - the ceiling for the write off programme.