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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
5165400 rote harems 191741 15.7180 1414410 10.114.0 Lai Ettot 0.5050 0,6700 104810 6.4060 Na Man. Mea 6.1430 1,7110 0.4140 3410 nele.Fra NWC 6.1150 1301.0 04010 0410 )...rs Tt« DS 020 5360 len 4.0140 1834.0 1.7030 244/9.0 68100 7,0610 04639 6.110.0 1.274 No ROE 1.41110 1
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
5165400 rote harems 191741 15.7180 1414410 10.114.0 Lai Ettot 0.5050 0,6700 104810 6.4060 Na Man. Mea 6.1430 1,7110 0.4140 3410 nele.Fra NWC 6.1150 1301.0 04010 0410 )...rs Tt« DS 020 5360 len 4.0140 1834.0 1.7030 244/9.0 68100 7,0610 04639 6.110.0 1.274 No ROE 1.41110 1
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
5165400 rote harems 191741 15.7180 1414410 10.114.0 Lai Ettot 0.5050 0,6700 104810 6.4060 Na Man. Mea 6.1430 1,7110 0.4140 3410 nele.Fra NWC 6.1150 1301.0 04010 0410 )...rs Tt« DS 020 5360 len 4.0140 1834.0 1.7030 244/9.0 68100 7,0610 04639 6.110.0 1.274 No ROE 1.41110 1
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