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Re: modrica post# 15276

Wednesday, 05/15/2013 7:15:45 PM

Wednesday, May 15, 2013 7:15:45 PM

Post# of 24405
You have to take into account the fully diluted share count which after the equity premiums associated with the notes should be around 24-25 million. So 24-25 x 19.22 = $461 to $480 million or about 0.09 to 0.10 times sales.