Ann: Non Cash Impairment, page-9

You underestimate his love and devotion.

Mind you, the bigger question now is what does this write down mean for the loans with PFG? BUD no longer has anywhere near sufficient asset backing and would, yet again, be in breach of the loan covenants.

This leaves only two plausible scenarios, a massive cap raise to reduce/eliminate the debt or administration.

And, what a surprise...this news is dumped on shareholders while in a TH/suspension, AGAIN!!