attempting to place a proxy solicitation is approx 5% of your estimate.. or around $10 grand
Red Oak estimates that its total expenditures relating to the solicitation of proxies will be approximately
$100,000 (including, without limitation, costs, if any, related to advertising, printing, fees of attorneys,
accountants, public relations, transportation, and litigation). Total cash expenditures to date relating to
this solicitation have been approximately $75,000
http://www.ourmaterials.com/pinnaclefund/ASURDEFC14A.pdf
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Be well