Laughed at this bit - " But we cannot create shareholder value if we sit and do nothing."
That is without question the most farcical and laughable letters I have ever read relative to what has actually gone on
Blames 'market downturn' for their struggles, yet other companies had no such issues!
Bob should be in prison. I sold this thing years ago but followed as I wanted it to succeed. I hope people at the AGM grill him and vote him out. He needs thorough investigation from authorities
Ann: Chairman's Address to Shareholders, page-3
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