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Man:alamen Garant( Lol Intlabodm thlo.ht. Mottx.f.A AWna Ria Hm%9nmCmmmm,v nJ >kt"( Caipailann.•milrafilmtGo..../routtanvill»c hann and Mat< of Sinas< ~Mig («MIJ« Supe C•0044921 ltd.m131.9141~1 .c.eillu.4nnL PMS 1 n. 7. E tamst Matte/nl vlas 1.Ps 4.11. Ao94«01. m.m. oRNnM .11.1ankaria
ION REPORT As of Julie 2o, 2011 CONCLUSION Based on the information provided and the analysis conducted, and subject to the attached Statement of Limiting Conditions, it is our opinion that one common share of the Company as of the Valuation Date should be valued as follows: $0.77 (rounded) ZERO DOLLARS AND SEV
Man:alamen Garant( Lol Intlabodm thlo.ht. Mottx.f.A AWna Ria Hm%9nmCmmmm,v nJ >kt"( Caipailann.•milrafilmtGo..../routtanvill»c hann and Mat< of Sinas< ~Mig («MIJ« Supe C•0044921 ltd.m131.9141~1 .c.eillu.4nnL PMS 1 n. 7. E tamst Matte/nl vlas 1.Ps 4.11. Ao94«01. m.m. oRNnM .11.1ankaria
ION REPORT As of Julie 2o, 2011 CONCLUSION Based on the information provided and the analysis conducted, and subject to the attached Statement of Limiting Conditions, it is our opinion that one common share of the Company as of the Valuation Date should be valued as follows: $0.77 (rounded) ZERO DOLLARS AND SEV
Man:alamen Garant( Lol Intlabodm thlo.ht. Mottx.f.A AWna Ria Hm%9nmCmmmm,v nJ >kt"( Caipailann.•milrafilmtGo..../routtanvill»c hann and Mat< of Sinas< ~Mig («MIJ« Supe C•0044921 ltd.m131.9141~1 .c.eillu.4nnL PMS 1 n. 7. E tamst Matte/nl vlas 1.Ps 4.11. Ao94«01. m.m. oRNnM .11.1ankaria
ION REPORT As of Julie 2o, 2011 CONCLUSION Based on the information provided and the analysis conducted, and subject to the attached Statement of Limiting Conditions, it is our opinion that one common share of the Company as of the Valuation Date should be valued as follows: $0.77 (rounded) ZERO DOLLARS AND SEV
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