I knew you would make fun of my English sooner or later.

I think you know exactly what I said in this statement below since it was the reply to Walla post.

" On the point of consolidation - I think it will be CLL management looking for consolidation or partnership and not other way around"

CLL has no free cash on hand (see 2009 liquidity slide#6) to look for undervalue assets out there.

Most of what it is left over from the $600 million loan goes to 2009 interest payments. The Line of credit has specific covenants and maybe frozen at this time.

To be clear, IMO it will be CLL looking for consolidation or partnership to inject some capital (cash) to make the interest payment obligation in 2010.

Sorry for the confusion.