Ann: Operational and Corporate Update, page-3

A long winded way of saying no profits any time soon.

And the directors have the best interests of BPAM at heart, renewing the BPAM management agreement for another five years without putting it to a vote at an AGM, and couldn't give a toss about shareholders in Beston. The board should be spilled but BPAM have enough shares in their pocket that it can't happen.

Management of this company is as low as it gets.