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Mcgill

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Mcgill

Re: None

Friday, 07/29/2016 4:43:31 AM

Friday, July 29, 2016 4:43:31 AM

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The Debtors plan to emerge from Chapter 11 on or about August 1, 2016 (the “Effective Date”), Upon the Effective Date, as previously disclosed, all of the Company’s existing common stock will be cancelled and the reorganized Company will issue to such stockholders two series of warrants exercisable for an aggregate of 20% of the new common stock at predetermined equity values.
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