jurek, you wrote:

"Is there a hope? Always is.

1.Higher Oil prices

2.Government help (see Alberta incentive post) in the form or credit guarantee.

3.Partnership , new equity, selling some assets,etc

4.Renegotiating the credit facility with banks....."

I agree with the first three, but IMO, I believe DG is not getting anywhere renegotiating the 200M facility. One could sense the frustration in the press release "1 paragraph" mentioned. The giveaway is the "alternative" word used.

IMO, this paragraph explains how DG has exhausted all efforts and very few options remain in appeasing the 200M lenders and is prewarning its shareholders they're looking elsewhere.

(Just a crazy idea I'd like to throw out for discussion) - would it be prudent to have "POD Partnerships". So for example, CLL will always try to develop its own PODS first, but if it can't, should we be looking at finding a partner for Algar only, and then another partner for POD3, etc. Similar concept to franchising. Whereby, over the next 5 years, as opposed to having just 2 PODs up and running we could have say, 5 PODS simultaneously.

Again there are pros and cons with this idea, with the obvious con being to share profits with partners, but looking at the cost of debt recently, it may not be a far stretch.

Booster