Ann: Quarterly Review and Appendix 4C-YNB.AX, page-31

Management has been woeful with protecting shareholder value, also not been very upfront with the goings on of the company.

They bungled the Mysquar shares sale, kept pretty quiet about Playmeet, no further updates on MeU, which I would be surprised if any customers stayed on, and maintain high cash burn throughout the last few quarters. Beyond Media is their only saving grace.

Need to be realistic about the situation and I hope shareholders are going to ask the hard questions at the AGM. A lot of my previous emails to management aeeking further detail on announcements and progress has just gone ignored.

People who entered at 4-6c singing their praises, meanwhile long term holders who entered circa 20c are the ones sufferring.