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fsshon

05/30/11 1:27 AM

#298390 RE: dannoninvest #298386

They do not the Warrants in the LT and the new RE-WMI will suffice, but you have got to prove you are giving them vlaue. The APR is for the use of creditors mostly making sure secured are paid in full and that unsecureds are paid "ahead" of equity, However Preferreds are equity.