$CLSH - We have a plan in place to reduce annual corporate expenses by approximately $2 million, which includes a 50% reduction in legal fees now that the debt has been restructured and the fundamental systems of business are in place. The restructuring of $20 million in debt, and the conversion of approximately $12 million of that debt into equity, results in an annual savings of $600,000 in interest payments over the next two years and reduces the principal due from $20 million to $8 million.
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