bbi is gone for good, page-18

Hi persistentone,

it is the original bonds which were secured I was referring to. sorry the post was not as specific as it could have been. more research was needed. I was mistakenly thinking the original Prime bonds and the 2012 NZ bonds were the same as the secure terms appear similar. However, (after further reading) they changed all the original Prime bonds rights when BBI took over, (sounds familiar now ! ). As you point out, there is no reason to suspect that the NZ 2012 bonds will remain unaltered this time around.

It is looking more and more like a hostile takeover by stealth every day and less like a CI.

BBI were able to run the original Prime business up during times of extremely easy credit with the ??-help-?? of MQC ??-assisting-?? , the 4CSI has a lot more experience and that may be why they are going for all four corners.

More research was needed..

My apologies to everyone,