oink oinkThis situation gets worse with each passing day.1....

oink oink

This situation gets worse with each passing day.

1. Management has promised big, but delivered nothing, in terms of balance sheet strategy.

2. Management is far too richly remunerated in terms of base pay & bonuses for a company of this size and stage of development

3. Options proposed to be issued to Pete Smith are an insult to shareholders, who really are suffering here.

4. With each passing day it becomes less clear that management & board has a strategy for restoring value.

5. The Board led by Melvyn Bridges is not holding management to account. . . . and is bumping up its own fees at a good old rate. Nice Pay Rise this year, Melvyn!!