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As a result of this offering, we will become subject to the full
informational requirements of the Securities Exchange Act of 1934, as amended.
We will fulfill our obligations with respect to such requirements by filing
periodic reports and other information with the SEC. We intend to furnish our
shareholders with annual reports containing consolidated financial statements
certified by an independent public accounting firm. We also maintain an Internet
site at http://www.pfsweb.com. Our website and the information contained therein
or connected thereto shall not be deemed to be incorporated into this prospectus
or the registration statement of which it forms a part.
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