A good ann. And the following (my) underlined section is great imo
"Cost Reduction and Capital RaisingImpelus has identified a further $550,000 of annualised costs that will be progressively removed. Thisadds to the $1.2m of costs first identified in April and will take total annualised cost savings to $1.75m.A component of this is the contribution by the senior management, the board and company secretary ofImpelus who have volunteered to take pay reductions (board & company secretary 10%, seniormanagement 15%), and incoming chairman Brendan Birthistle who has volunteered initial remunerationof zero, all in support of the Company and enabling the most flexible platform for accelerating its newbusiness development and growing its revenue through the realisation of what is identified as substantialmarket opportunity. "
