new line of credit, page-2

Giles Parkinson reported yesterday that CBD has not yet received the payment of the Italian work to date. It was reported by CBD in late 2011 that this would be received in the first quater of 2012 (from memory here). The cashflow report did not seem to include it, but the figures were a bit hard to interprete.

In one way this is good - cash still to come. In another way - why were we not told specifiaclly.

CBD needs to cut the hype and start being streight and upfront with shareholders. Sounding like a broken recond I know, but I would prefer to know what is going on, rather than be fed a rosy picture which is not correct.