Ann: Update on Takeovers Panel Proceedings, page-24

Would like to see OCJ and Dunstann object about who's idea the delisting actually represented and whether the TOV should intervene by rolling the board of directors to even the playing field in terms of FMS directors acting in everyones best interest not just Todd.

They only own 55 percent yet call tbe shots with deals that favor Todd in TO of FMS without a premium or a low premium less than 10 percent.

OCJ should be given a seat on BOD.

And a truly independent director. Todd can keep two seats. But not control everything.

Once the board has been renewed then the they can reconsider the need for a delisting.