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Re: Royal post# 126

Monday, 05/21/2012 1:27:44 AM

Monday, May 21, 2012 1:27:44 AM

Post# of 384
PSMH We attribute our $.02 earnings per share loss for the quarter to expected increases in operating expenses related to the Company's investment in recruiting experienced mortgage executives and certain non-recurring charges related to the our Phase 1 growth strategy in acquiring four mortgage companies

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