Ann: CEO Letter to Shareholders, page-5

I've been watching this company with interest……and should have done greater due diligence before buying into it.I'm not great with figures but from the 6 mth report it seems sales have doubled but the cost of production has increased threefold.That can't be good. Directors seem to be comfortably taking their fees, without knowing or understanding their responsibilities to shareholders.I don't really understand the relationship with BPAM, apart from what I have read……obviously Roger Sexton and Stephen Gerlach set this up for their ownfinancial benefit. If the CEO is not given free reign how long will he hang around? There is always an out clause.Should I buy more shares and average down?