Pig in ...., page-24

Maybe we do, but so do the new directors. They also need to have time to become acquainted with the company and get to grips with the financial situation and work out whats needed now and in the next 6 months.

I think posters claiming there is a conspiracy to take over company by the directors or that there will be a CR raising at 2c are talking absolute garbage. Getting the accounts in order, picking up the threads with the product development and establishing a relationship with technical staff and CZM take priority. Fortunately CZM are doing the approvals process so there has been no interruption. It will happen just in the time it was always going to take. If more funding will be required to take the company through that approvals period then nothing has changed from before. A slimmed down BOD will reduce costs.

IMO the timeline given by previous management advice was simply far too optimistic, and how that estimate was arrived at might have been part of the dispute between the previous BOD members

Fact is running the company is far more time consuming and complicated than most investors understand. I have confidence that Mr Mutton as a professional accountant probably has an idea about how to do it. Let him get on with the job. Once he's picked up the reins and got it under control then we can get an accurate announcement. Until then why not give him some space to work.