What does the apex of the left ventricle is bulbous and akinetic mean?

Question

I had an echocardiogram  done and my doctor had his nurse tell me "the results". I'm left very concerned regarding whether or not I have something serious going on with my heart.  I was told  only that I have two leaky valves and he will get another echocardiogram  next year. I got a copy of the report and it also said :"the apex of the left venticle is somewhat bulbous and akinetic. It also says there is mild regurgitation, moderate aortic insufficiency. LV ejection is 50-65"% with normal chamber sizes.  Help please dot