AGM, page-11

I found the AGM very disappointing. It seems to me that there will be no real advancement until the next AGM unless there the deals that have promised eventuate.

It seems that there will be no REAL cash flow for at least two years on current project planning. Whilst the revenue forecasts were highlighted there was no real substance to the figures and no definitive estimates of the costs to produce the products. Hence the management have no idea of how much profit is likely.

Thus unless we get some form of deal soon over the line the share price will inevitably fall.

JWs presentation, although hard to understand was a little more upbeat.

Harrison was re-elected WTF ???????????????? What value does he and Cuthbertson add to the companies bottom line????????????

This company now run by a bunch a geriatrics. (JW excluded) We need to instil some new blood and enthusiasm on the board as opposed to having the same old same old going through the motions .

Sorry to sound like a wet blanket but MT did little to instil any confidence.

nb1