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Stefault

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Stefault

Re: None

Tuesday, 04/28/2015 11:21:05 AM

Tuesday, April 28, 2015 11:21:05 AM

Post# of 22933

On January 16, 2015, the Company received and accepted the resignation of Arnie De Witt III as director of the Company. The resignation did not result from any disagreement concerning the Company or its business. As compensation for serving as a director, Mr. De Witt III was to receive restricted shares of the Company vested over a two year period. Since Mr. De Witt III’s term of service was shorter than anticipated, he will only receive a prorated percentage of these shares. However, the shares remain subject to a lock-up agreement until June 30, 2016.


FORM 8-K
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