RE:RE:RE:Let's approach this a different way.........Yes that is correct. I also don't know what the CEO ate for lunch or how many rabbits live in Alberta. I do however know, being a retired CA, that the audited finacials do disclose the full debt covenents for the very purpose of allowing investors/analyst to perform due dilligence on a company and assess it's risk. When an analyst does a risk assessment on a company, they use the audited financials because all the required information is disclosed. If your intense study of LEG's financials requires more documentation than GAAP requires, I suggest you lobby The Chartered Professional Accountants of Canada, and have them ammend their disclosure requirements. Until that day comes, all investors and analyst will use audited financials. I will say, with your understanding of this situation, it's not a mystery why who are so in the red with your investment.