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gibbon1

05/19/14 10:24 AM

#149 RE: gibbon1 #148

Additionally, the Company has established May 23, 2014, as the record date for a special dividend in the aggregate amount of $1,650,000 (the "Special Dividend"). Payment of the Special Dividend is contingent upon the consummation of the merger transaction and will be made to stockholders of record as of the close of business on May 23, 2014 within three business days after the closing of the merger transaction. Consummation of the merger and the other transactions contemplated by the Agreement of Merger and Plan of Reorganization are subject to various closing conditions including approval of the proposals to be considered and voted upon by the Company's stockholders.