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Post# of 252233
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steveporsche

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steveporsche

Re: corpstrat post# 63838

Monday, 06/30/2008 9:41:42 AM

Monday, June 30, 2008 9:41:42 AM

Post# of 252233
The reco royalty payment is capped at $45 million if they use the entire facility. Max 4.5 millions warrants ex. at 25% premium. The deal is designed to minimize dilution.
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