new presentation now out

They state they could not get any 'conventional debt on accecable terms' hence the placement at 12.

Also note on page 3 they have the shares outstanding using a 2 month old date (31st March). Doesnt read as well when you add an extra 100 mill shares on.. They also state they are 'committed' to the extra 52 mill to BBY.

At least the presentation is proffesionally done and looks great. Other co's should follow the leads on keeping shareholders up to date on things. (read CMR)

TCG