Wallstreet123's Personal Finance Blog

Cleantech Transit Inc. (CLNO)

What can biomass mean to the hospitality industry? It means having a renewable energy source, cleaner air, reduced landfill contributions and increased energy self-sufficiency -- and the associated cost savings. The use of biomass can possibly make the difference between a go- and no-go hospitality project because it puts energy where needed. Biomass fuels can be used for transportation or to generate electricity, heat and steam, and with co-generation you can get both heat and power from one thermodynamic process. Hospitality venues need all of those energy forms in great abundance.

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NeoPhotonics Corporation (NYSE:NPTN) plans to report financial results for the third quarter ended September 30, 2011, during the week of October 31, 2011. The company will announce the date and time for the report later this month. The company also announced that the preliminary estimate for revenue for the third quarter of 2011 will be below its previously announced projections.

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STAG Industrial, Inc. (NYSE:STAG) announced its acquisition and leasing results for the third quarter of 2011. "We were very pleased with our third quarter operational results both on the leasing of our existing portfolio and on our acquisition of new assets. On the leasing front, our 'ground level' experience is that tenants (both new and existing) are active as they move forward in the current, 'more normal' business environment. This has been evidenced not only by signed leases but also by increased showings, RFPs

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Schmitt Industries, Inc. designs, manufactures and markets computer-controlled vibration detection and balancing equipment (the Balancer segment) primarily to the machine tool industry. Through its wholly owned subsidiary, Schmitt Measurement Systems, Inc., the Company designs, manufactures and markets precision laser-based surface measurement products for a wide variety of commercial applications in addition to the disk drive, silicon wafer and optics industries; laser-based distance measurement products for a wide variety of industrial applications; and ultrasonic measurement products that accurately measure the fill levels of large liquefied propane tanks and transmit that data via satellite to a secure web site (the Measurement segment). The Company also sells and markets its products in Europe through its wholly owned subsidiary, Schmitt Europe Ltd. located in the United Kingdom.





Revenues Increase 44.4%; Net Income at $0.05 Per Diluted Share

Schmitt Industries, Inc. (Nasdaq:SMIT) announced its operating results for the first quarter ended August 31, 2011. Sales for the three months ended August 31, 2011 increased $1,067,018, or 44.4%, to $3,471,485 compared to $2,404,467 for the same period last year. Net income for the first quarter ended August 31, 2011 was $137,028, or $.05 per diluted share, compared to a net loss of $112,625, or $.04 per diluted share, for the same period last year.

For the first quarter ended August 31, 2011, sales in the SBS Balancer segment increased $993,122, or 65.0%, to $2,520,539 from $1,527,417 in the first quarter of Fiscal 2011. Sales in the Measurement segment increased $73,896, or 8.4%, to $950,946 in the first quarter of Fiscal 2012 from $877,050 in the first quarter of the prior year. Sales of the Company's balancer and laser-based measurement products increased from the prior period due primarily to higher volumes of shipments as the worldwide automotive and manufacturing industries continued to recover from the global economic downturn.

Gross margins for the first quarter have improved as compared to the same period in the prior year primarily due to a shift in product sales mix and the higher production volumes resulting in improved absorption of labor and overhead. Operating expenses increased during the first quarter of the current year primarily due to higher commissions related to the increased sales, higher personnel costs, higher sales and marketing expenses and higher stock-based compensation.

"We are pleased with the improvement we are seeing in both the Balancer and Measurement business segments this quarter. We are excited about the newer products we have developed and introduced over the past two years," commented Wayne A. Case, CEO of Schmitt Industries. "These new product introductions have positioned the Company for new growth opportunities. We have also started to see increased sales of the Xact(TM) product line. We have recently signed a pricing contract with a major Canadian propane supplier while additional pricing and service contracts are being negotiated with other major North American propane suppliers. The Xact(TM) product line is expected to be an important contributor to the Company's future growth," Case concluded.

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Majestic Gold Corp. (MJGCF.PK)

Gold has been an almost universal currency and still is used as such today albeit as an alternate to paper currencies. Fort Knox in the United States of America has been the biggest repository for the gold of many countries and its extreme security helped to coin the phrase "as safe as Fort Knox" During the 1990's gold's commanding position as the underpinner of currencies was eroded as central banks sold of gold claiming it was no longer necessary with modern financial setups. The financial crash of 2008 belied this fact and saw a flight to the safe haven of gold as the worlds currencies came under extreme pressure.

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Crown Equity Holdings Inc. (CRWE)

If you were used to old telephone systems, you will be amazed at the sophistication with which you could operate the VoIP to suit your varying needs. With features, like video conferencing, telepresence, voicemail services, encrypted calling features, virtual office and a whole lot more, every conceivable requirement you want will certainly be addressed. As VoIP competition rages on, expect more advancement in VoIP services and features that will improve even more the present features of VoIP. As the age of technology comes to its peak, VoIP evolves too - providing services never seen before.

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Acxiom Corporation (Nasdaq:ACXM) announced that the Direct Marketing Association (DMA) has appointed Chief Marketing Officer Tim Suther to their 2012-2013 Board of Directors. The announcement was made at DMA's 2011 Annual Business Meeting in Boston. The DMA is the leading global trade association of businesses and nonprofit organizations using and supporting multichannel direct marketing tools and techniques. DMA advocates industry standards for responsible marketing - both online and offline, promotes relevance as the key to reaching consumers with desirable offers, and provides cutting-edge research, education, and networking opportunities to improve results throughout the end-to-end direct marketing process.

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The Technical Support Services segment of Tetra Tech, Inc. (NASDAQ:TTEK) provides management consulting and strategic direction services in the areas of environmental remedial planning, disaster management, climate change, international development, and technical government staffing services. The Engineering and Architecture Services segment of Tetra Tech offers engineering and architecture design services, including leadership in energy and environmental design services, as well as technical and program administration services for projects related to water infrastructure, buildings and facilities, and transportation and land development.



Tetra Tech, Inc. announced recenty that it has been awarded a contract valued at up to $55 million to continue its support for high priority pollution prevention programs, including evaluating innovative technologies and providing research and development support to the U.S. Environmental Protection Agency (USEPA) Office of Research and Development, National Risk Management Research Laboratory. The new Scientific, Technical, Research, Engineering, and Modeling Support (STREAMS) II contract is a successor to the FEATS and STREAMS contracts that Tetra Tech previously held since 2000.

Under the five-year contract, Tetra Tech will support the development and evaluation of technologies and tools to prevent or reduce pollution of air, land, and water, and restore ecosystems. Tetra Tech will also perform treatability studies and pilot-scale investigations, support field activities including risk assessments and site characterization, develop and evaluate models, and provide technical support to various programs including the USEPA Superfund Program, the Resource Conservation and Recovery Act (RCRA) Program, and the USEPA Office of Water, among other USEPA organizations.

For more information about Tetra Tech, please visit: www.tetratech.com

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HCC Insurance Holdings, Inc. (NYSE:HCC) announced the opening of the Company's new Primary Casualty and Excess Casualty Divisions led by Chris Day and Phil Joschko, respectively. The Primary Casualty and Excess Casualty Divisions will further expand the Company's specialty focus by extending its underwriting activities into general liability and excess liability insurance for construction, manufacturing, premises and public entity risks. Combined, Mr. Day and Mr. Joschko bring to HCC over 50 years of underwriting and leadership experience.

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Crown Equity Holdings Inc. (CRWE)

A benefit of the residential Voice over Internet Protocol is the numerous features that are free of charge. If people want to avail their selves of call-forwarding, voicemail, conference calls, call waiting or caller ID features in regular phones they will be charged extra fees for these. But with the VoIP these features are available free of charge. Also, people can send documents and pictures through the VoIP without having to interrupt their conversation unlike in regular phone calls.

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Carpenter Technology Corporation (NYSE:CRS) plans to host a conference call and webcast on Tuesday, October 25, at 10:00 a.m. Eastern time to discuss the results of operations for the first quarter of fiscal year 2012, ended September 30, 2011. Please call 610-208-2222 for the conference call telephone number and passcode. The webcast will be hosted by Thomson Reuters and can be accessed at Carpenter Technology's web site at www.cartech.com.

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ServiceSource is the global leader in service revenue management, partnering with technology-based companies to optimize maintenance, support and subscription revenue streams, while also improving customer relationships and loyalty. ServiceSource helps customers increase service revenue contract renewal rates, on average, by over 15 percentage points and, in some cases, up to 44 percentage points. ServiceSource delivers these results via a cloud-based solution, combining its Service Revenue Performance Suite(TM) of applications with dedicated service sales teams, leveraging a proprietary Service Revenue Intelligence Platform(TM) of transaction data, benchmarks and best practices. ServiceSource offers its service revenue management solution on a unique pay-for-performance business model that enables a success-driven, shared-risk

ServiceSource Announces Preliminary Third Quarter 2011 Financial Results

Exceeds guidance on revenue, adjusted EBITDA and EPS

Anticipates record third quarter revenue of greater than $49 million, exceeding previous guidance of $45 to $46 million

Expects third quarter adjusted EBITDA to exceed $2.5 million, compared to previous guidance of $500,000 to $1 million

Announces new industry-leading customers across technology and technology-related markets and continued expansion of its technology platform





ServiceSource (Nasdaq:SREV), a global leader in Service Revenue Management, announced preliminary financial results for the quarter ended September 30, 2011.

Based on preliminary information and subject to the quarterly accounting close and review procedures, the Company currently expects to report third quarter revenue above $49 million and adjusted EBITDA above $2.5 million. The Company also expects to report third quarter net income and non-GAAP earnings per share above its prior guidance range. These preliminary results exceed the Company's previous guidance for the third quarter of revenue of $45 to $46 million, adjusted EBITDA of $0.5 to $1.0 million, net loss of $4.5 to $5.0 million, and non-GAAP earnings per diluted share of approximately breakeven to a loss of one cent per share as provided on July 25, 2011. The Company ended the quarter with over $100 million of cash and short-term securities.

The Company also raised its full year 2011 revenue guidance, expecting revenue greater than $195 million, reflecting at least 28% year-over-year growth and which compares to previous guidance of $190 to $192 million for the year. The Company said that it expects to raise guidance for adjusted EBITDA, net income and non-GAAP earnings per share when it announces final results for the quarter.

"The combination of our ability to drive higher revenue, higher profits and improved customer satisfaction for our customers with a unique pay-for-performance model is a value proposition that resonates in any economic environment," said Mike Smerklo, Chairman and CEO of ServiceSource. "Over the last few years, we have made strategic investments in sales and marketing, research and development and operations to drive higher revenues and profits for our customers and to support our long-term growth. These investments have helped drive the record results we are previewing today and the higher renewal rates for our customers."

partnership. The Company is headquartered in San Francisco, and manages service revenue performance for customers across the globe in more than 35 languages.


More about SREV at www.servicesource.com.

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Global Hunter (GBLHF.PK)

The copper industry's growth and prosperity are based on the metal's inherent properties: an attractive appearance, high conductivity, good corrosion resistance, ability to alloy with other metals, and ease of working. While there are substitutes in specific uses, copper has entrenched and expanding markets in the electrical, electronic, and communications industries. Electrical and electronic products, including power cables, account for over one third of total usage, and construction, including wiring and water tubing, for a similar share.

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AcelRx Pharmaceuticals, Inc., (NASDAQ:ACRX) announced that Mark G. Edwards has joined its Board of Directors. Mr. Edwards will also serve as the chairman of the Audit Committee. Mr. Edwards founded Deloitte Recap LLC (formerly, Recombinant Capital, Inc. "Recap"), a pharmaceutical and biotechnology consulting company, in 1988, and served as its Managing Director until the end of 2010.

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Global Education & Technology Group Limited (Nasdaq:GEDU) announced the appointment of Ms. Rita Zheng Liu as chief financial officer, effective October 10, 2011. Mr. David Yongqi Zhang, chief executive officer of Global Education, commented, "We are pleased to have Ms. Liu join our management team as CFO. We believe her solid background in corporate finance and management as well as her in-depth experience at a NASDAQ-listed company will be a great asset to Global Education. We look forward to her contributions to the Company."

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Trius Therapeutics, Inc. (Nasdaq:TSRX) announced the dosing of the first patient in a second global Phase 3 pivotal trial in acute bacterial skin and skin structure infections (ABSSSI). The trial, designated TR701-113, is testing tedizolid phosphate (formerly known as torezolid phosphate) administered initially as a once-daily intravenous (IV) infusion with the possibility to switch to once-daily oral therapy in ABSSSI patients. The 113 study is the first clinical trial conducted in collaboration with Bayer HealthCare and, as a result, will recruit patients in North and South America, Europe, South Africa and Asia. The dosing of the first patient in the 113 study triggers a milestone payment to Trius under its collaboration agreement with Bayer.

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Boston Scientific Corporation (NYSE:BSX) has started patient enrollment in the OMEGA clinical trial, designed to evaluate the safety and effectiveness of the Company's OMEGA™ Platinum Chromium Bare-Metal Coronary Stent System in treating patients with a single coronary artery lesion. This prospective, single-arm trial will enroll 328 patients at 40 sites in the U.S. and Europe. The first patient was enrolled this week by Prof. Andrejs Erglis, M.D., OMEGA Principal Investigator, at Paul Stradins Clinical University Hospital in Riga, Latvia. The trial's Coordinating Principal Investigators are John Wang, M.D., of Union Memorial Hospital in Baltimore, Maryland, and Prof. Christian Hamm, M.D., of the Kerckhoff Heart and Thorax Center in Bad Nauheim, Germany.

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Cleantech Transit Inc. (CLNO)

One unique advantage to renewable energy is the phenomenon of community renewable power project. Community renewable projects can be a great force for social cohesion, and they can create a wide range of social benefits that transcend the economics of a particular project. These advantages include decreased dependence on foreign natural gas and oil, a power infrastructure that is far less subject to large-scale disruption or terrorism because of its distributed and diverse nature, local control of generation facilities, creation of much needed high-quality jobs in rural areas, and a supplemental revenue stream for agricultural community members that allows them to maintain their rural lifestyle. These projects include projects as diverse as willow coppicing and gasifying the wood chip produced, using power plants built mostly on farms, to community anaerobic digesters processing the food and organic waste of a community feeding electric power into the local power grid and hot water via CHP schemes into their homes for low cost heating.

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Ruby Tuesday, Inc. (NYSE:RT) reported financial results for the fiscal first quarter ended August 30, 2011. Results for the first quarter of 2012 compared to the first quarter of 2011 include: Same-restaurant sales decreased 4.1% at Company-owned Ruby Tuesday restaurants, inclusive of approximately 40 basis points of adverse impact from Hurricane Irene. Net income of $3.1 million compared to prior-year net income of $12.4 million, which included $1.7 million of accounting gains realized from franchise partner acquisitions.

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Monster Worldwide, Inc. (NYSE:MWW) announced that BeKnown™ - Monster's professional networking app on Facebook was named one of the top products of the year by HR Executive® magazine. The award was announced at the 14th annual HR Technology® Conference in Las Vegas this week. "It's a thrill and an honor to be recognized by HR Executive magazine for the success we've had in bringing professional networking to Facebook with our BeKnown app. Our focus is on making BeKnown an innovative networking platform that brings quality career opportunities to professionals and enables employers to engage with great talent," said Matt Mund, VP of product management for Monster Worldwide. "We're continuing to develop new BeKnown functionality that combines the power of Monster and Facebook to add even more value for employers to connect with potential candidates, building their talent pools for both current job opportunities and future ones."

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Global Hunter (GBLHF.PK)

Copper has many uses. It is very important in the electrical field as it is a good conductor of electricity. Water pipes, architectural trim, weather stripping, and wiring are but a few uses of copper found in buildings. Virtually every electrical appliance in the home or office uses copper--from air conditioners and computers to television sets and waffle irons. Automobiles, boats and ships, airplanes, and railroad engines also use copper. In fact, we come into contact with copper almost constantly in our daily life.

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Ramco-Gershenson Properties Trust (NYSE:RPT) announced that it will release its third quarter results after the market closes on Tuesday, October 25, 2011. It will conduct a conference call on Wednesday, October 26, 2011, at 9:00 a.m. eastern time. Shareholders and interested parties may access the call via: Teleconference: (Toll Free) 877-407-8035, no participant code, (International) 201-689-8035, no participant code, Internet Webcast: www.rgpt.com or www.investorcalendar.com.

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Crown Equity Holdings Inc. (CRWE)

Making phone calls over the Internet isn't just for the technical knowledgeable anymore. Employing VoIP (or Voice over Internet Protocol) is easier than ever before, with a number of VoIP providers out there that can help considerably decrease the cost of your current phone bill.

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Vringo is a provider of software platforms for mobile social and mobile video services. With its award-winning video ringtone application and other mobile software platforms - including Facetones™, Video Remix and Fan Loyalty - Vringo transforms the basic act of making and receiving mobile phone calls into a highly visual, social experience. Vringo’s video ringtone service enables users to create or take video, images and slideshows from virtually anywhere and turn it into their visual call signature. In a first for the mobile industry, Vringo has introduced its patented VringForward technology, which allows users to share video clips with friends with a simple call. Vringo’s Facetones™ product creates an automated video slideshow using friends’ photos from social media web sites, which is played each time a user makes or receives a mobile call.

Vringo and Zlango Sign Cooperation Agreement

New Agreement Supersedes Previously Announced Letter of Intent




Vringo, Inc. (NYSE Amex: VRNG), a provider of software platforms for mobile social and video applications, has entered into a Cooperation Agreement (the “Cooperation Agreement”) with Zlango Ltd., a mobile messaging company (“Zlango”).

Under the terms of the Cooperation Agreement, the parties agree to cooperate on projects while retaining their respective intellectual property and independent operations. In addition, the parties agree to make introductions and referrals to third parties regarding the products and services of the other party and will receive commissions for successful referrals. Vringo and Zlango intend to continue to work closely together and expand joint sales and marketing opportunities with leading content owners and service providers within the mobile communications arena.

The Cooperation Agreement supersedes prior arrangements and proposed transactions between the companies, including the non-binding Letter of Intent (“LOI”) entered into between the parties announced on July 25, 2011, pursuant to which Vringo agreed to acquire and merge operations with Zlango, subject to certain conditions, which the parties have agreed to terminate. The Cooperation Agreement and the termination of the LOI do not affect the previously announced $2.5 million investment in Vringo led by Benchmark Capital and DAG Ventures.

More about VRNG at www.vringo.com

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Global Hunter (GBLHF.PK)

Advantages of Copper Cookware:

O This kitchen unit minimizes the cooking time as it employs an excellent heat conductivity and applies heat evenly so you are ensured that all foods are thoroughly cooked.

O It is very easy to clean as it has a super smooth structure so clean up won't consume too much time.

O It is a very reliable cooking unit as it is widely used by many culinary professionals, cooks and chefs.

O It has a sleek and sophisticated design which is very appealing to the eyes

Global Hunter Corp. (GBLHF.PK) is pleased to announce initial assay results from its previously announced surface sampling program. The results are encouraging with new gold showings as well as very positive copper oxide assays over wide-spread areas.

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Good Times Restaurants Inc. (Nasdaq:GTIM) announced a new radio campaign featuring iconic 1970's comedians Cheech & Chong to promote their limited time Santiago's Green Chile menu. "We asked our ad agency, Sukle Advertising, to come up with a creative platform that pushes the envelope with breakthrough qualities consistent with our historically irreverent brand personality and they certainly filled that bill with very funny scripts delivered by Cheech and Chong," said Boyd Hoback, President and CEO. He added, "We originally questioned whether Cheech & Chong are relevant to our customer base, but they are gaining new traction and affinity, particularly with the millennial crowd having appeared on the Simpsons, That '70s Show and a national comedy tour. While their personas are still tied to their movie and comedy album characters from many years ago, our ads make light of them turning All Natural and Good Times now being the dispensary of happiness."

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Good Times Restaurants Inc. (Nasdaq:GTIM) announced a new radio campaign featuring iconic 1970's comedians Cheech & Chong to promote their limited time Santiago's Green Chile menu. "We asked our ad agency, Sukle Advertising, to come up with a creative platform that pushes the envelope with breakthrough qualities consistent with our historically irreverent brand personality and they certainly filled that bill with very funny scripts delivered by Cheech and Chong," said Boyd Hoback, President and CEO. He added, "We originally questioned whether Cheech & Chong are relevant to our customer base, but they are gaining new traction and affinity, particularly with the millennial crowd having appeared on the Simpsons, That '70s Show and a national comedy tour. While their personas are still tied to their movie and comedy album characters from many years ago, our ads make light of them turning All Natural and Good Times now being the dispensary of happiness."

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Majestic Gold (MJGCF.PK)

Due to its high electrical conductivity, gold is a vital component of many electrical devices, including computers. It is used in the manufacture of approximately 50 million computers each year, as well as millions of televisions, DVDs, VCRs, video cameras and mobile phones. Gold has been used in medicine since 1927, when it was found to be useful in the treatment of rheumatoid arthritis. Thin gold wires are used in many surgical procedures to provide strong and inert support. Gold is also used in the form of gold leaf in the arts of gilding and lettering. Purple of Cassius, a precipitate of finely divided gold and stannic hydroxide formed by the interaction of auric chloride and stannous chloride, is used in coloring ruby glass.

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Dynasil Corporation of America (NasdaqYSL) and Gerald Entine, Ph.D., Founder and President of the Company's wholly owned subsidiary, Radiation Monitoring Devices, Inc. (RMD), announced the promotion of Kanai S. Shah, Ph.D., RMD's Vice President of Research and the leader of the Material Science Group, to President of RMD, Inc. effective January 1, 2012. Dr. Entine, 68, will continue as a member of Dynasil's board of directors and beginning in January will assume the role of President Emeritus of RMD.

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Crown Equity Holdings Inc. (CRWE)

Businesses today depend upon telecommunications. Whether it is Internet, E-mail, Customer Service through telephone, online web applications, and E-mail, or whatever your IT business needs may be, Voice over Internet Protocol offers to handle all of your needs with one application. Additionally, this reduces cost and increases productivity. VoIP also has combined with software applications that are perfect for many business needs. Software such as accounting programs, Email, and PC based applications help to save money by combining services.

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