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DewDiligence

08/07/08 11:30 AM

#13459 RE: 10nisman #13457

Re: Cash usage

>The above Ovation and LFB payments ($8M total) are not included in the $14M calculation. Right?<

Wrong—these payments from LFB and Ovation are included in the cash-burn guidance.

GTC needs another financing transaction or another partnership deal to make it through 2008 (preferably the latter). Regards, Dew