Ann: Half Yearly Report and Accounts, page-19

The company would be more profitable if the directors weren't taking so much of it out in 'consulting fees'. How can the directors justify paying themselves $550k+ a year when they are already paying $500k to Sheldon-Collins and Burness to run Calvista? The best thing for investors would be to sell off the businesses and distribute the cash and EUR shares to investors. The directors have sucked too much out of this company for too long. Unfortunately they can get away with it when they own 43.5% of the company.