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Based on the recommendation from the audit committee ("Audit Committee") of the Company’s board of administrators (the "Board") as described under, on September 27, 2015, the Board, including all of its impartial administrators, authorized and established an estimated worth per share of the Company’s common stock of $9.70 primarily based on an estimated market value of the Company’s belongings much less the estimated market worth of the Company’s liabilities, divided by the number of shares excellent, as of August 31, 2015. The company is providing this estimated value per share to assist broker-dealers that participated within the Company’s public providing in meeting their buyer account assertion reporting obligations under National Association of Securities Dealers Conduct Rule 2340. The estimated worth per share will first seem on stockholder account statements for the month of September 2015. That is the first time that the Board has determined an estimated worth per share of the Company’s widespread stock.
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