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Thursday, January 16, 2003 4:56:58 AM
Corporate goals for 2002 failed.
Samsung Arbitration inconclusive.
Japan patent validation still in the dark.
Corporate goals for 2003 not announced or set.
Massive insider selling at the top.
Empire building still ongoing:- new Corporate Communicator when we already have Hicks and Tilden. New staff accountant required to deal with our two paying clients.
Sharp negotiation upcoming in March with no Ericy resolution to encourage our one large customer to enter into a strong new agreement.
Nokia still no resolution in sight.
Matsohita still not resolved.
Licensed a dubious company for 3g.
Failed to meet announced cash flow targets.
Annual losses continued for another year. (Expeted)
It is time for the current management to be shown the door. Stand up and be counted at the next AGM, do not listen to the dream merchants anymore, lets get this company up on the auction block and see what we can get for the company. The current management do not have what it takes to turn the valuable assets it has into profit. They do know how to look after themselves.
AMS
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