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goldcanyon341

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goldcanyon341

Re: None

Wednesday, 06/25/2014 1:21:32 AM

Wednesday, June 25, 2014 1:21:32 AM

Post# of 5825
GDS shares

1) Under the original proposal, a 60:1 GDS reverse split compared to a 30:1 Brazilian reverse split would have meant that the GDS shares would trade in parity with Brazilian shares on a 1:1 basis. One GDS would equal one Brazilian share.

2) A straight 10:1 split for both GDS and Brazilian shares would leave the two GDS equals one Brazilian share in place.

Is paragraph 2) above how the motion was presented at today's meeting?

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