Ann: FY2019 Annual Report, page-6

Incredible! An 18% decline in Sales significant lower margins than in the past and claimed success in incremental distribution without clarifying if incremental Sales to new accounts are permanent listings . Then blaming the poor results on competition . Management is responsible for making decisions to compete effectively in the markets and just saying that the competition did a better job again is unacceptable! More than 2 years with the same story ....

Also the claim of having 16M in cash is misleading as it does not talk about the potential risk of the legal case pending with Atlantic candy , the projected cash burn for the year or the impact of the 2cents back to shareholders. DYOR