I wouldn't say "pissed off" hits the mark. Patronised, yes. I can assure you that I possess more than an "ounce of intelligence" and yet, I know of nothing going on behind, in front or slightly off to an angle of the scenes.
What I do know is that this update tells us nothing.
I would like to think that things are going on and that we will soon get to hear about substantive plans to rectify the stadium issue, bring in some new players and, of course, hear about the plans that the new directors have for the club. But, I'm not going to hold my breath.