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drrugby

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drrugby

Re: Gambit13 post# 532

Thursday, 02/17/2011 11:42:35 PM

Thursday, February 17, 2011 11:42:35 PM

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Gambit, GLTA.

This is the First warning letter..

30 Day extension granted..

http://www.bordersreorganization.com/pdflib/59_10614.pdf

Borders has not issued its list of asset and liabilities.

But we do know that GE capital has a 550m$ DIP Loan.

And there are 1$ per share warrant holders of about 1/3 of the outstanding stock.

DrR..

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