Phil Ryan should relocate to USA, page-10

The focus here needs to move to how to get rid of the Board and CEO. They can’t continue turning in double digit negative sales declines on a monthly basis and live on merrily as if all is ok. There is very little here on how sales will turn positive, the concrete steps being taken to expand sales in North America, online sales overall. Commentary is bereft of any unique sales initiatives taken to grow sales; the use of a marketing company to assist them is juvenile. One would expect major shareholders would be sharpening their knives or otherwise they are unfit themselves as custodians of their funds invested in CCX.

How is the management team able to front up to work each day with a sales performance that is 30% below the same day in the prior year when their market share in North America is now probably less than 0.15% - are they disgusted in themselves?