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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
1.16,7, F0Nlegm ~IIR.lm.614n NA NA KIM° Le far %Rb% cm,. Ra stutt tuR IYWr Curial Ptix(612611) 32 redllidldA71.4 3)Weet Lou 04•14/149 lad Cuevas %un ()sauvas. Mulet C•014411rados $9.511.3 „erne Trader% dénis Pls. tout Os% 2459 1%. 644 08 Pls. PtcfmnISsul 00 1%. s Ikola 67 Pin Mituill
2 mentions1 same-page
Page ?Same page
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
1.16,7, F0Nlegm ~IIR.lm.614n NA NA KIM° Le far %Rb% cm,. Ra stutt tuR IYWr Curial Ptix(612611) 32 redllidldA71.4 3)Weet Lou 04•14/149 lad Cuevas %un ()sauvas. Mulet C•014411rados $9.511.3 „erne Trader% dénis Pls. tout Os% 2459 1%. 644 08 Pls. PtcfmnISsul 00 1%. s Ikola 67 Pin Mituill
2 mentions1 same-page
Page ?Same page
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
1.16,7, F0Nlegm ~IIR.lm.614n NA NA KIM° Le far %Rb% cm,. Ra stutt tuR IYWr Curial Ptix(612611) 32 redllidldA71.4 3)Weet Lou 04•14/149 lad Cuevas %un ()sauvas. Mulet C•014411rados $9.511.3 „erne Trader% dénis Pls. tout Os% 2459 1%. 644 08 Pls. PtcfmnISsul 00 1%. s Ikola 67 Pin Mituill
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Joi Ito
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