takeprofits, can you make a specific dollars and cents case that...

takeprofits, can you make a specific dollars and cents case that CCV still has a business model that makes money if the legislation passes?

Glen Donaldson, a CCV spokesman, was quoted in the press in Australia as saying:

"For a $300 loan there is a $105 charge that is applied to that, so that is $300 is taken out [and] $405 is paid back over a month."

"On average for stores the cost - and this is part of our submissions to the Government and have been for a couple of years - the cost of that product is about $76.

"So what the Government is proposing is that a maximum charge on that product can be in the order of $36 and as you can see, it is well below the cost."

Please explain how do you show positive earnings on a business where the majority of your historical earnings come from a product that costs you $76 and the government mandates you can only make $36?

I would be thrilled to see convincing numbers that dispute CCV's public statements.