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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
115 0.321 1.16 221 211 257 211 Ce» 11» 0000.61 'Rh 0.0.(0800.06 8991 81433 51582 51542 Csh trrtn %mini 14321 67.0 (169» 1160.91 CO. Ina Iltembg (1101 wao 15541 (55.41 04(4C00,110 .t Amin. 22593 15.1 13,2 13.2 CA4021 Emma». 12171 16.31 11041 (1161 Iblasee Mime lak» 108 And, 5
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
115 0.321 1.16 221 211 257 211 Ce» 11» 0000.61 'Rh 0.0.(0800.06 8991 81433 51582 51542 Csh trrtn %mini 14321 67.0 (169» 1160.91 CO. Ina Iltembg (1101 wao 15541 (55.41 04(4C00,110 .t Amin. 22593 15.1 13,2 13.2 CA4021 Emma». 12171 16.31 11041 (1161 Iblasee Mime lak» 108 And, 5
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
115 0.321 1.16 221 211 257 211 Ce» 11» 0000.61 'Rh 0.0.(0800.06 8991 81433 51582 51542 Csh trrtn %mini 14321 67.0 (169» 1160.91 CO. Ina Iltembg (1101 wao 15541 (55.41 04(4C00,110 .t Amin. 22593 15.1 13,2 13.2 CA4021 Emma». 12171 16.31 11041 (1161 Iblasee Mime lak» 108 And, 5
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