Ann: Prospectus, page-5

except that the more you look the worse it is. It owes a lot more money, it has inventory that it can’t sell, and it needs to raise more capital within the next six months. The prospectus is not good reading, the whole premise of which is to transfer gift options to dodgy networks of stakeholders. At least there is some communication about the state of the company, so that is some sort of positive. The next quarterly needs to be showing signs of material turnaround.