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07/09/09 1:47 AM

#204 RE: lifegear #203

Only if they could pay off all the debt and have a substantial amount of cash left over...

In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, the holders of Series A Preferred Shares then outstanding shall be entitled to receive out of the assets of the Corporation legally available for distribution to its stockholders remaining after payment or provision for payment of all debts and liabilities of the Corporation, a liquidation preference in cash of $25.00 per share, plus an amount equal to any accumulated and unpaid dividends to the date of such payment, before any distribution of assets is made to holders of Common Stock or any other equity securities of the Corporation that rank junior to the Series A Preferred Shares as to liquidation rights.

http://www.sec.gov/Archives/edgar/data/1256536/000091412104001553/am696881-ex3_1.txt