Ann: Interim CEO, page-6

Oh by the way, the Interim CEO (IRI CFO) apparently sold most of his performance shares during the last year. I think this was part of the information mentioned by the representative of the Australian Shareholders Association at the AGM when asking the question as to why ALL board members did not have significant SKIN IN THE GAME! 

With the share price hacving dropped so much, I expect institutions will need to see transparency of revenue/recognition. Also, many will need to see really strong revenues with the company on a low PE. (I recall PES fo 8 were usual in the late 19702, so we could see those levels again, particularly for stocks which have been lees than transparent in their accounting. What the accounting standards say is one thing. Hiding behind technical interpretations is an other. Remember in the past many companies have complied with the technical interpretation of accounting policies but have really not transparently disclosed their results.