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PURA VIDA

03/09/16 2:45 PM

#4104 RE: joepep7 #4102

First - not arguing - just sharing thoughts.

1. Giving away the keys - I don't consider getting an equity SPA offer as giving away the keys when the company needs the funds badly.

2. Unreliable foreign government - I don't consider China to be unreliable - they manufacture the vast majority of goods traded around the globe.

3. Other companies go to a bank - other companies that go to a bank and get that money have true assets, not foreign orders that need the backing of EXIM Bank. Even Boeing uses EXIM Bank.

Anyhow, Cardinal is working hard to get both the HSVW SPA consummated via SAFE transfer of funds, and they are working with EXIM Bank to get the applications approved for the foreign orders of units.

GLTU