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Gilda99

01/22/14 2:02 PM

#13924 RE: asdfu099 #13923

There should have been a "Subsequent Event" footnote on the Q3-2013 financial statement that the interest rate on the 12% preferred stock had been cut to 8% effective October 1, 2013. However, you're telling us that the rate cut to 8% was backdated to October 1st after the Q3 financials were published, if that is the case.

Gilda

This is why I always suggest getting clarification from the company's management instead of making assumptions.