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Implanting

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Implanting

Re: None

Monday, 12/31/2012 10:39:16 AM

Monday, December 31, 2012 10:39:16 AM

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Well, finally some news on the financing and PDI. I suspected the $210M amount wouldn't be done and IMO as long as we accomplish getting out from under the DB contracts and spin out PDI the less money they have to borrow the better. It appears the $50M that they get later will go to getting LP up and running.

I'm guessing the terms of the deal are in line with what industry standards would be currently. We are in a much better position now to pay back our debts than we were a couple of years ago. Now if the POG/POS will just hang in there we should be fine.
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