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04/11/19 11:23 AM

#163217 RE: mudpuppy #163216

As previously discussed, the worst case exposure is less than 5% on the preferred conversions. Considering the company is trading at over a 60% discount that's a nonissue. And no one is expecting the worst case. Look it up - the documents are available on line. The status of the resolution is currently under "advisement" with the Judge Dooley in the US District Court in Connecticut since 1/14/2019, so could be resolved any day now.