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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
ine Prove 1960.80081710.60. 018010 5101cm Conmnet. M0078 el »n0180;110~ 10,04»s Crwsnet ad 1147».7411.1.74.0.• 044u.nrwetnnema.. 0:10.70578 >ram, Chweitidermbaness Cannillaa6 Mint. ui Aula Carennw Inextkolxf ruwe r .(ltunen AWn cortmna Eir1 d alom& Muil" 07070R8 19480,48n Ctraut.Mc00001M04,100406u.nsecttnuxe »J »SR 'amtru
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
ine Prove 1960.80081710.60. 018010 5101cm Conmnet. M0078 el »n0180;110~ 10,04»s Crwsnet ad 1147».7411.1.74.0.• 044u.nrwetnnema.. 0:10.70578 >ram, Chweitidermbaness Cannillaa6 Mint. ui Aula Carennw Inextkolxf ruwe r .(ltunen AWn cortmna Eir1 d alom& Muil" 07070R8 19480,48n Ctraut.Mc00001M04,100406u.nsecttnuxe »J »SR 'amtru
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
ine Prove 1960.80081710.60. 018010 5101cm Conmnet. M0078 el »n0180;110~ 10,04»s Crwsnet ad 1147».7411.1.74.0.• 044u.nrwetnnema.. 0:10.70578 >ram, Chweitidermbaness Cannillaa6 Mint. ui Aula Carennw Inextkolxf ruwe r .(ltunen AWn cortmna Eir1 d alom& Muil" 07070R8 19480,48n Ctraut.Mc00001M04,100406u.nsecttnuxe »J »SR 'amtru
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