same old same old

Words/phrases which feature heavily in the AGM presentation:

Improving
Better
Changed
Building
Learn from experience
Lay foundations
Seek
Focus
Pursue
Establish
Explore
Pilot
In discussions
Potentially
Supporting
Potential
Pursuing
Looking
Expand
Develop
Disclaimer

And the usual graphs with dotted lines trending skywards.

Very little of substance IMO.

This looks more like the star-gazy BS one would expect from an early-stage startup, not an "established" company with a mature business model.

The share price graph did not feature. I guess that KT and MB did not want to discuss the trend which follows that of startup which has tried and failed, exhausted its shareholder patience with repeated cap raisings each lower than 50% of the previous one, and is entering its death throes - ie steady decay into oblivion.

And PDT which shoud have some enduring value (probably for QVT) seems to go through a re-building/re-orientation process on a yearly basis - always with promise of improvement which never seems to actually happen - ground hog day feeling here.