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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Original Filing
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LASER MORTGAGE MANAGEMENT, INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
51806D100
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(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED
IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY
VALID OMB CONTROL NUMBER.
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CUSIP No. 51806D100 13G Page 2 of 13 Pages
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(1) Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
K Capital Partners, LLC
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(2) Check the Appropriate Box if a Member (a) / /
of a Group (See Instructions) (b) / /
Not Applicable
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
Delaware
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Number of Shares (5) Sole Voting Power
Beneficially 924,500 shares
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting Power
Person With: 0
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(7) Sole Dispositive Power
924,500 shares
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(8) Shared Dispositive Power
0
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
924,500 shares
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) / /
Not Applicable
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(11) Percent of Class Represented by Amount in Row (9)
5.21%
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(12) Type of Reporting Person (See Instructions)
OO
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CUSIP No. 51806D100 13G Page 3 of 13 Pages
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(1) Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
K Capital Offshore Master Fund (U.S. Dollar), L.P.
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(2) Check the Appropriate Box if a Member (a) / /
of a Group (See Instructions) (b) / /
Not Applicable
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
Cayman Islands
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Number of Shares (5) Sole Voting Power
Beneficially 85,712 shares
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting Power
Person With: 0
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(7) Sole Dispositive Power
85,712 shares
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(8) Shared Dispositive Power
0
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
85,712 shares
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) / /
Not Applicable
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(11) Percent of Class Represented by Amount in Row (9)
0.48%
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(12) Type of Reporting Person (See Instructions)
PN
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CUSIP No. 51806D100 13G Page 4 of 13 Pages
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(1) Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
K Capital I, L.P.
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(2) Check the Appropriate Box if a Member (a) / /
of a Group (See Instructions) (b) / /
Not Applicable
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
Delaware
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Number of Shares (5) Sole Voting Power
Beneficially 43,632 shares
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting Power
Person With: 0
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(7) Sole Dispositive Power
43,632 shares
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(8) Shared Dispositive Power
0
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
43,632 shares
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) / /
Not Applicable
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(11) Percent of Class Represented by Amount in Row (9)
0.25%
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(12) Type of Reporting Person (See Instructions)
PN
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CUSIP No. 51806D100 13G Page 5 of 13 Pages
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(1) Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
K Capital II, L.P.
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(2) Check the Appropriate Box if a Member (a) / /
of a Group (See Instructions) (b) / /
Not Applicable
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
Delaware
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Number of Shares (5) Sole Voting Power
Beneficially 657,136 shares
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting Power
Person With: 0
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(7) Sole Dispositive Power
657,136 shares
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(8) Shared Dispositive Power
0
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
657,136 shares
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) / /
Not Applicable
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(11) Percent of Class Represented by Amount in Row (9)
3.71%
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(12) Type of Reporting Person (See Instructions)
PN
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CUSIP No. 51806D100 13G Page 6 of 13 Pages
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(1) Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Harwich Capital Partners, LLC
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(2) Check the Appropriate Box if a Member (a) / /
of a Group (See Instructions) (b) / /
Not Applicable
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
Delaware
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Number of Shares (5) Sole Voting Power
Beneficially 924,500 shares
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting Power
Person With: 0
--------------------------------------------------
(7) Sole Dispositive Power
924,500 shares
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(8) Shared Dispositive Power
0
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
924,500 shares
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) / /
Not Applicable
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(11) Percent of Class Represented by Amount in Row (9)
5.21%
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(12) Type of Reporting Person (See Instructions)
OO
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CUSIP No. 51806D100 13G Page 7 of 13 Pages
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(1) Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Thomas Knott
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(2) Check the Appropriate Box if a Member (a) / /
of a Group (See Instructions) (b) / /
Not Applicable
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
U.S. Citizen
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Number of Shares (5) Sole Voting Power
Beneficially 924,500 shares
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting Power
Person With: 0
--------------------------------------------------
(7) Sole Dispositive Power
924,500 shares
--------------------------------------------------
(8) Shared Dispositive Power
0
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
924,500 shares
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) / /
Not Applicable
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(11) Percent of Class Represented by Amount in Row (9)
5.21%
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(12) Type of Reporting Person (See Instructions)
IN
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CUSIP No. 51806D100 13G Page 8 of 13 Pages
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(1) Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Abner Kurtin
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(2) Check the Appropriate Box if a Member (a) / /
of a Group (See Instructions) (b) / /
Not Applicable
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
U.S. Citizen
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Number of Shares (5) Sole Voting Power
Beneficially 924,500 shares
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting Power
Person With: 0
--------------------------------------------------
(7) Sole Dispositive Power
924,500 shares
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(8) Shared Dispositive Power
0
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
924,500 shares
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) / /
Not Applicable
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(11) Percent of Class Represented by Amount in Row (9)
5.21%
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(12) Type of Reporting Person (See Instructions)
IN
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CUSIP No. 51806D100 13G Page 9 of 13 Pages
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ITEM 1.
(a) NAME OF ISSUER
Laser Mortgage Management, Inc.
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(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
51 John F. Kennedy Parkway
Short Hills, New Jersey 07078
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ITEM 2.
(a) NAME OF PERSON(S) FILING:
K Capital Partners, LLC (General Partner)
K Capital I, L.P. (Limited Partnership)
K Capital II, L.P. (Limited Partnership)
K Capital Offshore Master Fund (U.S. Dollar), L.P. (Limited
Partnership)
Harwich Capital Partners LLC (Managing Member of General Partner)
Thomas Knott (Managing Member)
Abner Kurtin (Managing Member)
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(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
Each of the above Reporting Persons (except K Capital Offshore Master
Fund (U.S. Dollar), L.P.) have their business address at:
441 Stuart Street, 6th Floor
Boston, MA 02116
K Capital Offshore Master Fund (U.S. Dollar), L.P. has a registered
office at:
Citco Fund Services (Cayman Islands) Limited
Corporate Centre
West Bay Board, P. O. Box 31106 SMB
Grand Cayman, Cayman Islands
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(c) CITIZENSHIP
Mr. Knott and Mr. Kurtin are United States Citizens. The General
Partner, K Capital I, L.P., K Capital II, L.P. and Managing Member
were incorporated in Delaware. K Capital Offshore Master Fund (U.S.
Dollar), L.P. was incorporated in the Cayman Islands.
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(d) TITLE OF CLASS OF SECURITIES
Common Stock
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(e) CUSIP NUMBER
CUSIP No. 51806D100
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ITEM 3. STATUS IF FILED PURSUANT TO RULES 13D-1(B) OR 13D-2(B) OR (C):
If this statement is filed pursuant to Rule 13d-1(c), check this box
/X/
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CUSIP No. 51806D100 13G Page 10 of 13 Pages
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ITEM 4. OWNERSHIP(1)
As of September 16, 1999, the Partnerships may be deemed to
beneficially own 924,500 shares of common stock of Laser Mortgage
Management, Inc. Based upon their being 17,733,183 shares of Common
Stock outstanding, the shares of Common Stock which the Partnerships
may be deemed to beneficially own represents approximately 5.213% of
the outstanding shares of Common Stock of Laser Mortgage Management,
Inc.
(a) Amount Beneficially Owned: 924,500
(b) Percent of Class: 5.213%
(c) Number of Shares as to which the person has:
(i) Sole power to vote or to direct the vote: 924,500
(ii) Shared power to vote or to direct the vote: 924,500
(iii) Sole power to dispose or to direct the disposition of:
924,500
(iv) Shared power to dispose or to direct the disposition of:
924,500
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
5% of the class of securities, check the following. / /
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
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(1) As of September 16, 1999.
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CUSIP No. 51806D100 13G Page 11 of 13 Pages
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Not Applicable
ITEM 10. CERTIFICATION
By signing below, we certify that, to the best of our
knowledge and belief, the securities referred to above
were not acquired and are not held for the purpose of or
with the effect of changing or influencing the control
of the issuer of the securities and were not acquired
and are not held in connection with or as a
participation in any transaction having that purpose or
effect.
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CUSIP No. 51806D100 13G Page 12 of 13 Pages
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SIGNATURE
After reasonable inquiry and to the best of the knowledge and
belief of the undersigned, the undersigned certifies that the information set
forth in this statement is true, complete and correct.
Executed as a sealed instrument this 17th day of September,
1999.
K Capital I, L.P.
By: /S/ THOMAS KNOTT
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K Capital Partners, LLC, General
Partner by: Harwich Capital
Partners LLC, its Managing
Members, by Thomas Knott, its
Managing Member
K Capital II, L.P.
By /S/ THOMAS KNOTT
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K Capital Partners, LLC, General
Partner by: Harwich Capital
Partners LLC, its Managing
Members, by Thomas Knott, its
Managing Member
K Capital Offshore Master Fund
(U.S. Dollar), L.P.
By: /S/ THOMAS KNOTT
--------------------------------------
K Capital Partners, LLC, General
Partner by: Harwich Capital
Partners LLC, its Managing
Members, by Thomas Knott, its
Managing Member
K Capital Partners, LLC
By: /S/ THOMAS KNOTT
--------------------------------------
Harwich Capital Partners, LLC
by Thomas Knott, its
Managing Member
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CUSIP No. 51806D100 13G Page 13 of 13 Pages
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Harwich Capital Partners, LLC
By: /S/ THOMAS KNOTT
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Thomas Knott, its
Managing Member
/S/ THOMAS KNOTT
-------------------------------------
Thomas Knott
/S/ ABNER KURTIN
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Abner Kurtin
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EXHIBIT 1
AGREEMENT
Pursuant to rule 13d-1(k)(1) under the securities exchange Act
of 1934, as amended, the undersigned hereby agree that only one statement
containing the information required by Schedule 13G need be filed with
respect to the ownership by each of the undersigned of the shares of Common
stock of Laser Mortgage Management, Inc.
EXECUTED as a sealed instrument this 17th day of September, 1999.
K Capital I, L.P.
By: /S/ THOMAS KNOTT
-----------------------------------
K Capital Partners, LLC, General
Partner by: Harwich Capital
Partners LLC, its Managing
Members, by Thomas Knott, its
Managing Member
K Capital II, L.P.
By: /S/ THOMAS KNOTT
------------------------------------
K Capital Partners, LLC, General
Partner by: Harwich Capital
Partners LLC, its Managing
Members, by Thomas Knott, its
Managing Member
K Capital Offshore Master Fund
(U.S. Dollar), L.P.
By: /S/ THOMAS KNOTT
-------------------------------------
K Capital Partners, LLC, General
Partner by: Harwich Capital
Partners LLC, its Managing
Members, by Thomas Knott, its
Managing Member
K Capital Partners, LLC
By: /S/ THOMAS KNOTT
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Harwich Capital Partners, LLC
by Thomas Knott, its
Managing Member
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Harwich Capital Partners, LLC
By: /S/ THOMAS KNOTT
--------------------------------------
Thomas Knott, its
Managing Member
/S/ THOMAS KNOTT
-------------------------------------
Thomas Knott
/S/ ABNER KURTIN
-------------------------------------
Abner Kurtin
