Replies to post #8005 on CarePay Inc. (SOFE)

[xZx]

i remember reading a higher number for an appraisal than what is shown in the filing. it may have something to do with IFL's interest vs. Adino's. i'll try to get some clarification from IR about this.

[Walker]

Not true -

The terminal has been capitalized at $3,179,572, calculated using the present value of monthly rent at $15,000 for the months April 2007 – July 2008 and the final purchase price of $3.55 million discounted at IFL’s incremental borrowing rate of 12.75%.

The actual value could be and probably is much higher then the purchase price of 3.55 mil.