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To my disappointment, I have not had a chance to participate in some of the most recent Voreto Board meetings. But, I understand, the plans to move the Voreto production to the new Chungtai facility is being planned for later this year. At the same time, as shareholders in Voreto, we are continually interested in what is best for the business and all the various shareholder partners. We believe that a move to shut down Voreto as a corporate entity and replaced it with a new entity should only be contemplated with the agreement of all the shareholders on an equal dilution basis. As long as the Waxman shareholders are included in the new entity, in the appropriate ownership percentage, we support a move for TOTO to increase their percentage ownership. In that case, all the shareholders who are being diluted should either become shareholders in the new entity or a fair exchange of value should take place to restructure our existing Voreto Joint Venture shareholder o...
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