[TowerTalk] Update

[Alan Gray (agray)]

Dear Randy/Shyamal-

Spoke with Alan Gedrich a few minutes ago.  In a nutshell, his client's
position is:

1.   ICS security interest will be subordinated to up to $500,000 of funded
debt; and

2.  ICS's security interest will be limited to $192,000.

Call me at your earliest convenience to discuss.

Alan
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