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sharky

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sharky

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Re: Lone wolf11 post# 5296

Monday, 04/04/2016 10:17:50 AM

Monday, April 04, 2016 10:17:50 AM

Post# of 30926
Planned use of proceeds will include:

Retirement of all outstanding trade debt
Establishment of the China joint venture
A corporate stock buyback program
An investor relations program
Restructuring Cardinal's Bayelsa and Cameroon open contracts and purchase orders (valued at $38M), for which HSVW will work with the Company to facilitate international bank financing
General working capital
The second $3.75 million tranche is to be released to Cardinal upon successful completion of the following milestones, which are expected to be completed during the second quarter of 2016



$CDNL

Surrounded by thieves, lets fight our way out!

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