Ann: Quarterly Activities Report, page-10

In addition to the challenges of overcoming production problems while running at a loss and requiring ongoing support from the financiers, there is the problem of Taurus and their 100% owned subsidiary who now have the company and us shareholders by the throat. If I was trusting of Taurus I would have some cause for optimism. Instead I am fearful that Taurus lack any good faith towards shareholders and thus I am pessimistic. If anyone comes across Nick Farr-Jones please kick him in the shins for me. Has Newington College produced any decent men in recent decades? That institution must be a disappointment to the Uniting Church.