Ann: Update on PFG Finance Facility, page-31

IMHO all BUD requires at this stage is confirmation that new financial package is signed off and available to be used. The reported demand for LIFX is impressive but lack of ability to supply extremely frustrating for all stakeholders.
I do agree the DD was a disgrace and I actually conveyed this message to DM at the time of purchase. I dont believe anybody understood just how difficult the vendors would be, but that is now history. You would have thought some skin in the game would have been motivation to help drive value into the LIFX business but the Chinese obviously had another agenda, as usual.
DM and the team appear to have excellent contacts in the mass market retail and distribution sector and this will deliver its just rewards as supply lines allow retail stores to fill their shelves.
I am still of the view that one of the big boys will see BUD as a must own business. Really just a question of when.