Shareholder communication at its best, IMHO.
Management is being upfront on the current state of affairs and giving us the facts as they currently stand - starting with a clean slate going forward is a wise move imo and together with all the cost cutting they have planned, it should hopefully get us back on track!
I do hope common sense prevails with the majority of shareholders, and we can finally put these challenges to bed!
GLTAH
.
Ann: Letter to Shareholders from the Board of Directors, page-2
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