Racedo, you claim acquaintance with the numbers but you fail to understand the industry and its annual revenue schedule.
Is this the revenue schedule in 2007 where EI had to drag money from its bank accounts to support its operation.
EI has not generated any cash in 2007 not has it done so far in 2008 and paying off those made redundant will also take a sizeable proporttion of cash out of the business.
So do tell where this magic cash is coming from other than raiding the bank account yet again.