Ann: Corporate Update , page-6

I am surprised that shareholders seem so sanguine in their responses to this morning's reports when shareholders have been treated so shoddily; not only have we been taken as fools and idiots, underlined by the gratuitous remarks about building 'shareholder value', but also that we are expected to accept that the weay forward for this company is to do nothing!! How dare the company raise funds when they must have been aware what wass in the pipeline: is this not tantamount to fraudulent behaviour? Ffurther, in discussing cost cutting, did the Board and the Acting CEO consider trimming their own salaries/stipends; in the case of the exhorbitantly paid Acting CEO this should cedrtainly have been on the table. What a pity Mr Pyle resigned after 8 days on the Board; his good sense may have been valuable.