1/4 billion pound breakdown

[Malandro]

I've heard the 250 million pound investment figure thrown around a fair bit. Has anybody worked this out roughly?

Does it include the original purchase price?

[Risso]

I've heard the 250 million pound investment figure thrown around a fair bit. Has anybody worked this out roughly?

Does it include the original purchase price?

Yep.

[Risso]

The latest accounts to the end of May 2012 are due next month, but as at 31 May 2011, there was £128m in as share capital, and £114m worth of debt (£102m of which was put in by Lerner).  That will have got worse since then.  Accumulated losses were a not inconsiderable £147m.

[Malandro]

Perhaps Randy should start lending poor people money