Ann: Update on PFG Finance Facility, page-25

Yeah nah, not the case at all. They should have undertook better due diligence in the acquisition of Lifx. What they missed and their failure to raise sufficient capital at a reasonable price, is the reason this company is where it finds itself today. That is a legacy thrust on the shareholders, whomever oversaw the due diligence for that purchase failed miserably, overpaid for an underperfoming company that was buying shelf space and inflating their value.

Share holders have a right to be ticked off with management, given they have failed to hit nearly all of their targets for the past 3 years.

Pretty easy to come in half way through a conversation and make assumptions though.