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Enterprising Investor

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Re: db7 post# 277

Thursday, 12/31/2015 9:55:15 AM

Thursday, December 31, 2015 9:55:15 AM

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Represents the equity invested in AIC.

If AIC was liquidated today, $20 million would flow to AICIQ upon redemption of the surplus notes and the remaining shareholders' equity would flow to AICIQ.

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

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