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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
.431.2 Lea Cub A. (411•31/4b 1292 admit. NrInnurret 944499414r V44« 51 179 I tool YID ffi X0 IMP NASDAQ VI» 39.2%, I. teal DNA YID 43% Faxal Ye( F.~0 LlM Fiscal Von LY& De.-31•øM 04^11•21101 0•911(2014 3431/111 »11 2412 trigs( 025a 0tt LOS. th OA% fibs CV (EMMA 2.4% 86. 8.1
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
.431.2 Lea Cub A. (411•31/4b 1292 admit. NrInnurret 944499414r V44« 51 179 I tool YID ffi X0 IMP NASDAQ VI» 39.2%, I. teal DNA YID 43% Faxal Ye( F.~0 LlM Fiscal Von LY& De.-31•øM 04^11•21101 0•911(2014 3431/111 »11 2412 trigs( 025a 0tt LOS. th OA% fibs CV (EMMA 2.4% 86. 8.1
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
.431.2 Lea Cub A. (411•31/4b 1292 admit. NrInnurret 944499414r V44« 51 179 I tool YID ffi X0 IMP NASDAQ VI» 39.2%, I. teal DNA YID 43% Faxal Ye( F.~0 LlM Fiscal Von LY& De.-31•øM 04^11•21101 0•911(2014 3431/111 »11 2412 trigs( 025a 0tt LOS. th OA% fibs CV (EMMA 2.4% 86. 8.1
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