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02/15/13 4:51 PM

#37896 RE: 955 #37894

imo our Q1 2013 filing will show some dramatic reductions in debt as a result of these shares issued. seems to me the lender may be requesting conversions as a precondition to funding. even more debt should be eliminated with the first tranche of the 8.5M credit facility.

it's certainly a great opportunity for the debt holders, to be issued equity at this level ahead of news.