Wednesday, May 31, 2006 12:55:51 AM
On January 31, 2006, Mr. Joel Greenblatt, Chairman of the Company's Board of Directors,
exercised a warrant to purchase 16,667 shares of the Company's common stock at an exercise price of
$3 per share, which resulted in the Company receiving $50,001 in cash on such date as payment for
the shares.
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