I certainly don't want to make any excuses for the current...

I certainly don't want to make any excuses for the current management team of ADY which was in charge when the coy nearly went to the wall. But the current CEO was, from my memory, just the Secretary in that period. And I can tell you, from bitter personal experience, that when you have a dominant CEO, the Coy Secretary has very little influence on the coy's management and policy. And in some instances, that also applies to the BOM, although that is certainly no excuse.

Anyhow, we have to put that dismal period in this coy's history down to experience (rather expensive experience) and look to the future, whilst always being aware that this coy is still in the speculative stage.