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eom7

06/14/10 11:47 AM

#347 RE: Madclown #345

MMPIQ .12 x .13 - Exclusivity ends in regards to Charlestown/Hartland
Shareholders Charlestown Capital Advisors, LLC and Hartland Asset Management Corp. have the ability to file a competing plan.

Based on the discussion in the courtroom, it appears that the group has been working with both the OCC and several secured creditors for some time. It is my understanding that the plan will involve institutional investors providing both debt and equity capital