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Re: Tax abatementMay 04, 2009


From my experience, boards are required to pass these credits on to shareholders.

However, many boards have not factored these credits into their annual budgets.

Therefore, they must assess for the amount of the credits on a per share basis.

In order to allow these credits to flow through to shareholders, without need for assessment, maintenance would have to be raised to cover the amount of these credits.

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