Vote NO Abstain NO - My Open Letter to Shareholders, page-58

It’s the depth and lack of buyers that’s doing it for me. For a company that has everything in line and about to explode (as smarty seems to think),why is no one buying it? Its in the best position ever, money in bank, licensing deal imminent, Fuji are clearly in, revenue is coming. Oh wait.... the directors used the company as a piggy bank, and now subsequently can’t seem to sell the odour... I like your optimism of a 7.50 takeover, but do you honestly see management getting the company to that position. I agreee with the no votes (T30), but let’s be honest about what is a realistic figure within 12 months.