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Rick's Cabaret International (RICK)
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RICK » Topics » The Company’s Option to Redeem

This excerpt taken from the RICK 8-K filed Aug 11, 2009.
The Company’s Option to Redeem.  On or after six (6) months from the Original Issue Date, if the closing price of the Common Stock (as defined in Section 4(a) below) on the Trading Market (as hereinafter defined) is $11.50 or more for 20 consecutive Trading Days (as hereinafter defined), then up to 100%, in whole or in part, of the outstanding Principal Amount of the Debenture, plus any accrued and unpaid interest, will be subject to redemption at the option of the Company.  Any amount of the Debenture subject to redemption, as set forth herein, (the “
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