Ann: CEO Letter to Shareholders, page-2

Its great they keep us informed

Their issue clearly is margins, word out there is they pay overs for their milk and BFC is top heavy, to operate succesfully they need to sell high

Nothing they can really do about price they are paying for milk they are up against the big boys, probably why the used to produce as much of their own as possible by having their own farms

Unfortunatly they needed to sell the farms and reduce their debt to stay alive they were clearly trading insolvent, banks had lost patience

Are they still trading insolvent if it wasnt for the continual shares being issued to raise funds they would be gone you cant operate a company and never ever make a profit, you go broke