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Re: joelotto post# 79748

Tuesday, 02/09/2010 5:39:49 PM

Tuesday, February 09, 2010 5:39:49 PM

Post# of 375420
No the lender is getting roughly 300 million or 40% of the O/S.

The reason for this change is that the terms of the funding of the balance of our $350,000,000 financing requires us to issue Class B non-voting shares equal to forty percent of the total outstanding common stock to the lender.
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