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buzlightwave

08/08/13 1:33 PM

#6890 RE: Dead On Arrival #6889

It's my understanding,

that the original LPC agreement is still in effect until December.

The floor price is 1.00 - the avg share price in the 12 business days prior to a purchase has to be above a buck. If the share price on the day of the purchase goes below a buck, then LPC can say no to the purchase.

The above details were not discussed at the meeting but JM did mention the agreements during his presentation.

X please correct me if necessary, my memory is going....