ASX Semiconductor Conference 30 November, page-25

I don't think I have been a shareholder for as long as you but IMO Giles Osborne was an issue and he left and was largely responsible for the Lumileds fiasco where BLG were IMO rather naive in believing that Lumileds had a genuine interest in promoting a better product rather than just exploiting BLG.- to me that's not a cardinal sin. Now James Walker is attempting to put BLG on a more resilient path of dealing directly with equipment suppliers and bringing customers on board in the shape of Jean-Michel Pelaprat (Nuburu) and people with genuine experience in solving this type of problem (Jim Haden). Whatever the commercial issues we still have to deal with engineering detail and testing (like English gentlemen) takes time - you have to deal with it; if not then sell; jumping up and down and trashing the board does not solve the problems - you have to be patient and deal with facts. Premature births can be risky when you have the option of going full term.