AGM Notes, page-51

Some off the cuff comments re a class action.

What is the crime? No communication. Offering "our" IO up with no notification to shareholders. Witholding crucial information etc?

Action against who. FMS or the Board? Both?

What will be gained? What is the envisaged outcome? A reformed Board? (Unlikely), a new Board?

What peripheral damage might result? This could all get out of control. Could result in lengthy delays but that would damage Todd mostly.

OCJ. Difficult to imagine a CA without OCJ support.

Would it cause a Trading Halt. Might damage some.

Would wolves move in? Might be good! A takeover of FMS and Todd. Keep in mind FMS shares might go for < 8 cents!

Threat of CA. Would Todd (read Board) wilt? Likely not.

What would scare Todd most would be something that would delay their program to IO delivery.

Just untidy random thoughts.

If we shareholders do not take hold of the situation in some way, fairly soon, Todd will slowly achieve their goal. We know what that is. Right now Todd own a whole lot more very important information crucial to the project that they should be sharing with shareholders.