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Post# of 363245
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monkeytrots

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monkeytrots

Re: monkeytrots post# 752

Thursday, 02/10/2005 9:21:47 PM

Thursday, February 10, 2005 9:21:47 PM

Post# of 363245
There was NO extinguishment of debt. READ THE DEBT INSTRUMENT - NONE OF THE DEBT WAS RETIRED during the refinancing.

This is a fraudulent or HUGELY MISTAKEN statement.

A significant portion of the increase in net loss for the three months ended December 31, 2004 was attributable to a $5,749,575 non-cash loss on extinguishment of debt during the three months ended December 31, 2004 as the result of the issuance of shares in conjunction with the Chrome debt restructuring.
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