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05/22/11 2:47 PM

#100970 RE: ILVELV #100969

the shares were not purchased. They were issued or sold by the company or Scott to 9 other parties these were not open market orders. This is a form of financing. We need to see the filing to know for sure the whos and whats. This does not come from the AS or OS from what I can tell. It sounds like Scott sold some of his shares to someone close to the company. Directors, family etc.

Just IMO