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AMA1

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Re: drifterfcrc post# 165010

Wednesday, 11/07/2007 10:46:18 AM

Wednesday, November 07, 2007 10:46:18 AM

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Pandey got $3 million from Alembic and reduced it to $1 million. He was supposed to pay off the million with the PIPE but so far this has not been paid. That's where the problem is now. They have to either pay it or enter into a distribution agreement with Alembic. IMO.

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