The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Unidentified Participant - - Analyst
: Thanks a lot. Welcome all. Thanks a lot for the presentation, but, once again, this is more depressing than every other presentation I've seen,
especially if you compare it with the peer group. I had the possibility to meet Mr. Khade on the farmer, and what he's telling is that he's rapidly
expanding his business. He's buying ten times objects at below ten times co vents, and that the market is full of possibilities and objections. I hardly
can find any reason why to invest in or to consume wheat. Which is a shrinking share in a shrinking company in a growing business in a space
where the major competitor, despite the fact that the farma is we say 50% below them, that one is expanding and to consume rate is really getting
worse and worse.
Additionally, I can hardly understand why you in. Spend money or let me say waste money for asking people for the restructuring of the company,
you have to find people from outside the company despite the fact that you obviously I have very skilled people, the CEO, the CFO, the people in
the management board, but you spend and in my example, this is a task from you, the people running the company, but you're still spending
money and wasting money and this is also of course not acceptable for the shareholders, and I'm deeply convinced what the future of the company
is. Last item is, what is, maybe I missed this, what is the current situation with the missing payment from former CEO or member of the board[, Mr.
]
Thanks a lot.
Question: Unidentified Participant - - Analyst
: Yes, but don't you think that there's a possibility to speak with the lenders in advance? Are you in a regular, because I can hardly understand why
it's once again mentioning do, the farmer Famar that they are able, to get a financing facilities on nearly every object they want, without increasing
the share capital and that you are not is it's that you have, let me say, still. The war of demo, on your head, your heads because of, the past, decisions
or failures, from the former Chairman, or is it something else or is it as simple as you mentioned that it's, bulk, loan of EUR48 million coming to a
queue and that this is the only and the major thing to repay.
Question: Unidentified Participant - - Analyst
: Okay, got it. Thanks.
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