today's meeting, page-37

dogby,

It's hard to imagine they would tell blatant lies. They have too much to lose to do that. Time will tell. If they are lying, I will lose a lot of money. Time will tell.

The other thing to remember is that all assets are on the books at purchase price less depreciation. A lot of their assets were bought years ago so they are on the books at conservative prices. Based on these prices, I get NTA of $1.20+ per BBI security. If they sell one or two more assets on similar terms to Powerco, we are home for all money buying at these prices.