The URL can be used to link to this page

Home My WebLink About2009-06-09 CONCOM-min 0,187(6±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±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±/(;,1*721&216(59$7,21&2000,66,210((7,1*-XQH 0RWLRQPDGHDQGVHFRQGHGWRFRQWLQXHWR-XQHDWWKHUHTXHVWRIWKH DSSOLFDQWLQIDYRU SP&RQW+HDULQJ12,RII%OXHEHUU\/DQHURDGZD\ '(3%/0DS/RW$ &RQW+HDULQJ12,RII%OXHEHUU\/DQH6)' '(3%/0DS/RW$ 3UHVHQWIRUWKHDSSOLFDQW0DU\7UXGHDX:HWODQG&RQVXOWDQW 'DYLG5RPHUR&RPPRQZHDOWK(QJLQHHULQJ,QF (ULFK1LW]VFKH&RPPRQZHDOWK(QJLQHHULQJ,QF *HRUJH0LUDQL6WDQIRUG(FRORJLFDO6HUYLFHV 3K\OOLV(WVHOO$SSOLFDQW¶V5HSUHVHQWDWLYH 0LFKDHO0XUUD\$SSOLFDQW¶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¶VUHTXHVWLQRUGHUWRKDYHWKHVL[YRWLQJPHPEHUVSUHVHQWLQIDYRU &RQW+HDULQJ12,RII%OXHEHUU\/DQH6)' '(3%/0DS/RW$ 0RWLRQPDGHDQGVHFRQGHGWRFRQWLQXHKHDULQJWR$XJXVWDWWKH DSSOLFDQW¶VUHTXHVWLQRUGHUWRKDYHWKHVL[YRWLQJPHPEHUVSUHVHQWLQIDYRU $GPLQLVWUDWRU0XOOLQVLGHQWLILHGWKDWWKHUHZHUHVHYHUDOLVVXHVIURP%6&LQLWLDO FRPPHQWOHWWHUWKDWKDYHQRWEHHQDGGUHVVHGE\WKHDSSOLFDQWLQWKHLUIROORZXS 3DJHRI 0,187(6±/(;,1*721&216(59$7,21&2000,66,210((7,1*-XQH GRFXPHQWVVXFKDVSHUIRUPLQJJURXQGZDWHUPRQLWRULQJ$GPLQLVWUDWRU0XOOLQV ZDQWHGWKHDSSOLFDQWWREHIXOO\DZDUHWKDWWKHVHLVVXHVVWLOOH[LVWIRUWKH$XJXVW WK FRQWLQXHGKHDULQJ0U+DFNQH\RQEHKDOIRI:LQQLQJ(VWDWHVUHTXHVWHG WKDWWKH&RPPLVVLRQSURYLGHDOHWWHURXWOLQLQJDQ\RXWVWDQGLQJLVVXHVEHIRUHWKH WK $XJXVWKHDULQJVVRWKH\FDQEHSUHSDUHGWRUHVSRQG SP0HHWLQJ$GMRXUQHG 5HVSHFWIXOO\VXEPLWWHGE\ /RXLVH9LQFL &RQVHUYDWLRQ&OHUN 3DJHRI