Ann: Extension of Voluntary Suspension, page-92

SDE, I am not that confident - but the Weighted Average Cost of Capital in the notes for the trees is what, 11, 12%? Add to the fact that the trees are growing each year you could probably make up the other 3-4% to come up with the 15% ball park. So 15% is not that bad a rate IF the accounting is accurate. I know the shorters have an opinion on that but I never really was concerned about the 15% rate like hottuna was. He's dead right about the liquidity/solvency issue though. I am hoping this equity/debt transaction is for mitigating this issue but reading the announcement it sounds more serious then this.