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Re: Gary_X post# 77267

Saturday, 06/14/2014 6:33:12 PM

Saturday, June 14, 2014 6:33:12 PM

Post# of 163725
I calculated the value of the initial 435 mil shares at the PPS in the agreement, .0182. This is the baseline value. I then grossed up the avg of the lowest VWAPs (.0027/.2), to get the new baseline PPS. Divide the baseline value by the new baseline PPS to determine the new share count.