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bwldforbucks

10/04/10 4:21 PM

#67373 RE: janice shell #67361

So that means it's not money that can be available to shareholders? Recaps are done all the time, this wouldn't be the first time.

Also as I understand it (could be wrong as I haven't followed that closely), is that equity is used as collateral to raise these funds, so it is not a loan in that there is not a recurring debt service requirement that must be met, thus not causing a drag on operational performance.