The
Directors are delighted to report continued year on year increase on production
outputs. Not accounting for unbranded live stocks in progress, units delivered
for export have increased in volume by 123%. Consolidating our reception suite
with the processing facility has brought about efficiencies and reduced the
production time significantly. The liquidation of the original reception site
has been flawless, with no discernible depreciation of any of our assets.
However
if has to be noted we still face procurement challenges, principally that of
sourcing raw materials in any area without thinning out the supply in a manner
that proves deleterious to our
enterprise and risks attracting unwelcome attention from hostile competitors.
We have to cast our net wider and be prudent as to not over-mine any one site.
Blood
stock derivative remains a gross inefficiency when it comes to waste processing
and the research and development budget will be redirected to tackle this task
in the upcoming year. Though this report itself looks resplendent written in
the sanguinary red ink we have repurposed from the waste material, clearly the
volume employed would not be sufficient to expend our veritable plasmatic seas
of surfeit by-product. As to the adipose offcuts, initially we thought we had
come up with a dissolution of the inhibitory bottleneck, when we moulded the
tallow into candles. However, we found the attendant raiment to be largely of
synthetic manufacture, highly combustible and therefore of no efficacy for
serving as the wicks, accordingly we have suspended the enterprise. However,
for the modest investment of a tanker as our second vehicle there on the
balance sheet, plus some hosing and pressure valves, we have hit upon a rather
elegant recycling initiative. We operate a service insulating cavity walls with
our unwanted suet. This has afforded us the status of corporate social
responsibility being conferred on us, which means prying eyes are less likely
to be directed towards us. We further remain hopeful that with the appointment
of the new leader in America, environmental protection rigour will slacken and
not present a problem for us into the future. However the proposed physical
wall on the border with Mexico may affect our raw material supply lines from
Ciudad Juarez.
Accordingly
the Directors would like to commend to you this report and additionally are
pleased to announce that they will be issuing the first dividend payment to
preferential shareholders on their investment a year ahead of schedule. To that
end please be sure to declare this our honourable gift in kind of thirty fresh prime human steaks and fifty kid shanks, a veritable palate-cleansing delicacy I’m
sure you will agree.
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