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cassini2titan

04/20/10 2:58 PM

#32425 RE: uw86 #32423

The monthly salary nut might be around $50k and there are some immediate one time expenses to get 10-Ks filed and payment to U of Ottawa. So a $400k (est) line-of credit bridge could provide funding for several months. Again, this assumes that J-L wants an IPO sooner than later. I’m thinking in J-L’s shoes, not CSMG’s