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Enterprising Investor

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Re: Hank Moody post# 127

Tuesday, 07/01/2014 9:33:58 PM

Tuesday, July 01, 2014 9:33:58 PM

Post# of 343
Answer: No mention of a shareholder vote.

In addition, ARC Hospitality submitted a pro forma balance sheet with notes. The amount of $101.206 million is shown in the Pro Forma Adjustment column, which results in $0 outstanding for Preferred Stock.

http://www.sec.gov/Archives/edgar/data/1583077/000114420414034823/v380013_ex99-4.htm

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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