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BobSinCA

09/15/10 2:03 PM

#18104 RE: Howardhaftel #18102

The insurance cost (together with PPM preparation costs, and management fees for Sure) are part of the $12M, per the company's PR. The question is the source of the $12M. You believe it comes out of the gross proceeds of the first note, I do not.

I do hope you are right.