Well the first thing was that John K did not front, neither did...

Well the first thing was that John K did not front, neither did Alistair MacKinlay, apparently Alistair had a heart attack the previous night so he at least had a good excuse.

Neither did our Company Secretary turn up, who is also the Company Secretary for Reeltime. So from that point was pretty disappointing, and the view of those shareholders who attended, was that Directors should attend the AGM, and this shall we say will be communicated to the missing Directors, Alistair the only one have a real legitimate excuse.

The Directors were appointed, the proxy vote carried the day.

The formal part of the meeting took about 30 mins then the Q&A took up about 2 hours. In fairness to the 2 Directors who turned up Sam Bruno and David Pye they managed the meeting very well and did answer all questions to the best of their knowledge, so I do not want to criticise them at all because I know that they will take the shareholders concerns back to the remaining Directors and pass on our concerns.

Whether the other Directors will take these on or not remains to be seen.

So I guess summing up is that nothing much came out of the meeting, apart from the fact it is obvious that JK treats the MOL shareholders with indifference, the excuse he used is that he is busy raising monies for Reeltime.

JK if your reading this all I can say is that you have had 2 months to do this and sparing a couple of days to come over and front up to the company who put you in the position you are in now is pretty poor and you certainly have not done anything to make friends and influence people.