BB Liquidating Inc. (BLIAQ)

[fredman]

“During the first quarter we continued progress to recapitalize our business. We have had encouraging discussions with both financial and strategic partners and expect to have additional details to report by our annual stockholders’ meeting in late June,” stated Jim Keyes, Chairman and Chief Executive Officer of Blockbuster Inc. “In spite of competitive challenges, we experienced better domestic rental same-store comparables trends and achieved a number of goals to establish a significant competitive advantage going forward. Most important was our success in securing agreements with key studio partners to ensure our customers receive day-and-date cross-channel access to hot new releases. We now have a 28 day rental advantage on nearly 50 percent of major new releases.”

Source: http://www.sec.gov/Archives/edgar/data/1085734/000119312510119118/dex991.htm