If this thing has any chance you would think that Thorney will...

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.