Ann: Letter to Shareholders, page-20

There true position was never clearly articulated to current shareholders, until the trading halt. In the lead up to the halt the market was given nothing but a series of vague statements. The CEO never shared any clarity around their strategies for securing finance nor what the repurcussions would be for shareholders if they failed to do so. This whole situation has been poorly managed and the level of communication that has come from the senior management team is amateur at best. Incompetence is no excuse for shareholder apathy.