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It expects EBITDA, excluding non-cash items, and gains on disposal of capital items, neutral of foreign exchange adjustments for the first nine months of 2007 to range from $3. Excluding all non-cash expenses and neutral of foreign exchange adjustments, EBIDTA in the second quarter of 2007 is expected to reach $800,000, up 43% from $560,000 in the second quarter of 2006. Accordingly, foreign exchange adjustments arising on translation of this debt have been recorded in the Earnings Statement and reflected in the Statement of Cash Flows of the appropriate period. |
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