silence is golden ??, page-27

That is the main problem. They initially releases a price sensitive material announcement re a 'partnership' with the major player and then invoke confidentiality to render every subsequent update meaningless.

It is a public company run permanently under confidentaility and the two just don't gel.

When Glyn made remarks about 2012 being expansive it sparked genuine interest because he normally gives the market nothing. As the year progressed timeframes and products have faded and so has sentiment. The focus seemed to be shifting towards an internal product.

Glyn has told me they have 'some very exciting programs underway' but he has failed to translate this energy and excitement to the market.

I have held all this time because of their partners but that collateral is providing no support to the share price.

It seems the only thing shareholders can do is keep voting no to every remuneration package before directors are forced to reflect. Bonuses and options should only every be linked to the share price.