So .. the 52million odd "votes" ... how many people did that represent ?
Hmmm, sounds like the University was "typical" .. talk "up" there capability driven by probably one research lecturer and then have the students do ALL the work "as a learning exercise". Thus poor materials, poor machining, poor management. They don't always turn out that way, but I'm involved in so many where I've seen similar happen
Listing in London or New York later on sounds sensible, at least there the investors know what an investment IS and can evaluate risks and not get too tied up with it if it doesn't go as well has planned.
Hopefully better news for next years AGM
and let's remember the lessons leaned. ALWAYS have results based contracts and commitments with the responsible part paying for/finding time to do any remedial effort. Make sure any "remote" activity has a dedicated project manager who WILL take front line responsibility for day to day items.
Last edited by Matra et Alpine; 12-01-2009 at 03:39 AM.
"A woman without curves is like a road without bends, you might get to your destination quicker but the ride is boring as hell'