Aikmans, page-13

If this thing has any chance you would think that Thorney will need to make their presence felt at both a board and management level. I suspect the board will look very different by the end of the year .... Management should also look at lot leaner and possibly different. I wont take up my rights and I wont sell my existing position (almost not worth it) but in order of importance, the signs of hope I would be looking for are:

1) sale of farms at a reasonable price in order to meet bank requirement
2) New ranging with retailers
3) Changes to the board and management cost structure.

The business is capable of doing $ 60 to 100 million in sales in next couple of years .... with the right cost structure you would think it would be possible to make at a minimum 2.5% EBITDA margins (should do a lot more) ..... $ 1.5 million to 2.5 million. The right question is do we have the right board and management to run the business to its potential. My view is it is a coin toss, I think by mid year we will know, one way or the other.