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Bungler

09/02/12 10:45 PM

#89777 RE: Firechief #89774

I am not certain what you meant by "commitment fee" however the 8-K filing does state that if the Company meets the milestones but elects not to drawdown the second $15MM, they must pay a non-utilization fee of 1.5% of the unused loan amount. Additionally, they had to pay a $300,000 "facility" fee.