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Brandon Burgess

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This refinancing is an important first step towards maximizing the full potential of our unique distribution platform. We have lowered our cost of debt, eliminated near-term liquidity constraints, extended all repayment maturities until after 2012, and now have debt covenants with flexibility to manage the business strategically.

This refinancing is an important first step towards maximizing the full potential of our unique distribution platform. We have lowered our cost of debt, eliminated near term liquidity constraints, extended all repayment maturities until after 2012, and now have debt covenants with flexibility to manage the business strategically.

If some of the artificial and nonsensical limitations are eliminated, then our industry will be less punished.

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