Ann: Quarterly Activities Report, page-7

I actually didn’t think the quarterly was as bad as it could have been. All of this was pretty much released already, so old news. The interesting thing is that guys that know what they are doing (Ernie and his Singapore mates) now own circa 30% of the company. Wonder why they didn’t make a take over offer when they went over 19.9%? Thought that was the law. Would love to see those guys running the company and not the current bunch. Admin costs and dirctors close to $1M for the quarter. Dining out before they get kicked out?