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UncleBo

11/28/14 10:35 AM

#409057 RE: Donotunderstand #409052

Donot,

IMHO, the 3 year testing period is the main driver for this. There are the tax considerations as well, but they are on the back seat. Another important factor would be - the capital raised through the excercise - how would a deal be structured ?! PIK + cash + equity raise + additional debt...let's wait and see. We are almost there.

Uncle Bo