RLC

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Situation Overview

CMA professionals were retained by the counsel to the lender group to assume the role of Restructuring Advisor (“RA”) to work with the company and its management team with the objective to improve communications and garner support from its lender group, assist in the development and implementation of necessary business changes intended to yield positive operating results and liquidity given the current level of contracts / revenues, and achieve a satisfactory debt / balance sheet restructuring which supports these goals on a go forward basis.

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