Ann: Update on Financing and Production, page-79

Warrick,
On the info available to BJ 2 months ago I would suggest his buying was quite astute but now he has been caught like the rest of us. There has been quite an unexpected change of direction that he had not forseen either, but we are very entitled to know why they have changed direction. I support your addition to my letter and I can see now in retrospect that I have been too kind to them. Like Paul, I believe we have a rosey future but it has probably been pushed back by 6 months.

As far as hurting goes I would think BJ is the biggest shareholder and takes the award for biggest hurt while it pains me to think that the person who is probably hurting least is the biggest serial pest on this thread.

Spec,
In retrospect I can see words like deceit and criminal would have been far more appropriate. If you really feel that I am close to slander I can only suggest that you are in denial and need to examine the facts much closer.