rebels

1) The CLL press release says that it needs $200M for Algar

2) The $131M I'm showing is the increase in working capital from shares issued and $150M they're planning to issue as First Lien Notes, less Algar (to the already cash position they had March 31 which is $86M + 10 M resitricted).

3) End of the month we need 10.25% of the $590M for interest ($60 M gone), In June 2010 another $60M gone - next 12 months), In the last Qtr we spent 63M for Q1 - how much do we need for the next 3-4 quarters just to operate and apply some budget for capital or emergency allowances...? Just in interest we have $120M to pay ($60M x 2 (this and next year))

Hey rebels, don't take my word for it....CLL is looking for more working capital from Canadian Bank Syndicate.....they know they're short....(read the news release)

btw, when will Algar produce money....10-12 months? (just guessing here)....so let's not fool ourselves that we'll see any profits in the near future.

status quo - in the next 12 months.....more working capital is required.

Good Luck

Booster