Ann: Notice of Annual General Meeting/Proxy Form, page-9

I also hope Im right Genki.
My answer to your question is I believe they have tried to do a couple of things but for various reasons they haven't worked out. They are amongst many companies in this position.
The communication has been poor and I believe shareholders should get thorough explanations of what went wrong in Indo and to a lesser extent Alberta.
That said I don't have any qualms about the motives of the company as I have stated many times. Directors have money and wages tied up with the company along with generous bonuses available should the company manage to get any traction.That provides them plenty of incentive and also the fact Milewski has forgone wages for the time being is enough proof for me that there is still a future for IND.