Ann: Notice of General Meeting, page-92

Hi All,
I built a sizeable position in CI1 over last six months or so as a hedge against a global recession and market crash. This stock did very well in 2008 crash so that got me interested. I liked the fact they were profitable and had previously paid a dividend. I’m not sure about their recent business strategies and developments but I am hoping it is a positive over time for them. I am however quite concerned about the share consolidation as I have been involved in the past in a few of these for penny dreadful stocks share consolidations and all have continued to fall afterwards. It’s as if it gives the stock a new higher level from which to fall. Maybe this time will be different but my gut tells me it’s very likely not. Still holding but no conviction.