Return-Path: Received: from server.64xmedia.com by server.64xmedia.com with LMTP id KfW+FPunAmLlDAAAdUq3JA (envelope-from ); Tue, 08 Feb 2022 12:27:23 -0500 Return-path: Envelope-to: directory@aicenergycorp.com, rgrimes@aicenergycorp.com, smelk@aicenergycorp.com Delivery-date: Tue, 08 Feb 2022 12:27:23 -0500 Received: from wsip-24-234-235-53.lv.lv.cox.net ([24.234.235.53]:64662 helo=DESKTOP8ARGPMB) by server.64xmedia.com with esmtpsa (TLS1.2) tls TLS_ECDHE_RSA_WITH_AES_256_GCM_SHA384 (Exim 4.94.2) (envelope-from ) id 1nHUGw-0000r1-Vy; Tue, 08 Feb 2022 12:27:23 -0500 From: To: "rgrimes" Cc: "Directory" , , "John Melk" Subject: HELP WITH Feasibility study - feedback Date: Tue, 8 Feb 2022 09:27:22 -0800 Message-ID: <003201d81d11$21f259d0$65d70d70$@aicenergycorp.com> MIME-Version: 1.0 Content-Type: multipart/related; boundary="----=_NextPart_000_0033_01D81CCE.13D13CB0" X-Priority: 1 (Highest) X-MSMail-Priority: High X-Mailer: Microsoft Outlook 16.0 Thread-Index: AdgdESFUPExoMEhfSnakAEpRcdg32A== Content-Language: en-us Importance: High This is a multipart message in MIME format. ------=_NextPart_000_0033_01D81CCE.13D13CB0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0034_01D81CCE.13D13CB0" ------=_NextPart_001_0034_01D81CCE.13D13CB0 Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: quoted-printable HI ROGER, BELOW IS THE SUGGESTIONS WE NEED TO HELP INHANCE OUR BUSINESS = PLAN. SNOW HAS ASKED FOR YOU TO HELP WITH THE ITEMS I HIGHLIGHTED. =20 WE WILL NEED A WRITE UP ON WHAT HE IS SUGGESTING. PLEASE COMPLETE AS = SOON AS YOU CAN IN MICROSOFT WORD AND WE WILL INCORPORATE INTO THE = BUSINESS PLAN. THANK YOU, =20 =20 =20 Susan Faith Finance Manager =20 Phone: 702.685.1118 Direct: 919.741.0577 Email: sfaith@aicenergycorp.com 2840 S. Jones Blvd. Ste 1 Las Vegas, NV 89146 www.aicenergycorp.com =20 =20 This e-mail message, including any attachment, may contain AIC Energy = Corp. dba SAFuels X privileged and/or confidential information. If you = are not the intended recipient(s), or the employee or agent responsible = for delivery of this message to the intended recipient(s), you are = hereby notified that any dissemination, distribution or copying of the = e-mail message is strictly prohibited. If you have received this = message in error, please immediately notify the sender and delete this = e-mail message from your computer. =20 From: Davis =20 Sent: Friday, February 4, 2022 6:34 AM To: Snow Liu-Melk @AIC ; John Melk = ; John D. Lee ; Jennifer = Wilson ; Roger Grimes = ; Susan Faith ; = Trevor John ; DONALD HOCHHALTER = Subject: Fwd: Feasibility study - feedback =20 =20 Sent from my iPhone Begin forwarded message: From: Davis > Date: February 4, 2022 at 9:14:01 AM EST To: Kyle Althoff > Subject: Re: Feasibility study - feedback =EF=BB=BFThank you Kyle, =20 Very informative, I will pass it on. Are you still up for zoom meeting, maybe next week. =20 I appreciate everything. =20 Bill =20 =20 Sent from my iPhone On Feb 3, 2022, at 11:58 PM, Kyle Althoff > wrote: =EF=BB=BF=20 Hi Bill, =20 Here=E2=80=99s some feedback from my review of the Feasibility study. = Open to questions as you need clarification =E2=80=93 this is my = opinion=E2=80=A6and others can have different approaches =E2=80=93 so = just take this as my 2 cents: =20 * Include the sources and uses for the project in the Executive summary, = and then again in project finances. What has been raised, what remains = to be raised, what is expected debt tranche(es)? =20 * Lead with some of the wart=E2=80=99s =E2=80=93 and how will they be = addressed * Is there are strong management team that has decades of oil / fuel = experience operating and managing facilities * What happens if DoD contract terms change? =20 * More details on the minority preference program with DoD. What is the = risk of this not being approved? What markets would the project sell = into then, and how would it compare to all the other RD projects = developed (feedstock cost, operating cost, markets and prices for = products). =20 * The technology and operations section is covered well.=20 =20 * Soybean / oil seed feasibility analysis * Soybean oil prices are now at $0.65 / lb. ($65 / cwt). I would = recommend updating soybean / feedstock pricing. Also include discussion = on the current and historical crush margins. * More details on production and supply of feedstocks. How much is = actually available regionally =E2=80=93 not just production, but net = after other uses. What is the cost of railing to site? What quantities = are committed already by third parties (MN Soy, etc.) and what type of = contract structures are those commitments in? * The stochastic forecasting doesn=E2=80=99t seem like it adds value. I = recognize it is dated =E2=80=93 but the forecasted prices for 2021 look = significantly off from actuals=E2=80=A6which doesn=E2=80=99t help = support the inclusion of it within the document. =20 * Markets =E2=80=93 more details on the market size and historical = pricing for the various fuels to be sold * Include details on the applicable RIN and LCFS prices (and other = credits if applicable) =20 * For the ND programs, you need to make a case of why you are requesting = the money =E2=80=93 where will it be used, and how it will benefit = people in the state of ND. As I reviewed the project, I saw there was = already ~$65 million committed into the project, and the investor base = was a limited group of people with not many residing currently in ND. = Maybe I missed some of that in the text, but I would expect the state = government will need to justify why it would fund a project with limited = ND ties. =20 =20 As I noted =E2=80=93 food for thought, hope this helps provide some = constructive feedback,=20 =20 Thanks, =20 Kyle =20 Kyle Althoff kalthoff@equinox8.com =20 303-910-6052 =20 EQUINOX =E2=88=9E www.equinox8.com = =20 =20 ------=_NextPart_001_0034_01D81CCE.13D13CB0 Content-Type: text/html; charset="utf-8" Content-Transfer-Encoding: quoted-printable

HI ROGER,=C2=A0 BELOW IS THE = SUGGESTIONS WE NEED TO HELP INHANCE OUR BUSINESS PLAN.=C2=A0 SNOW HAS = ASKED FOR YOU TO HELP WITH THE ITEMS I HIGHLIGHTED.=C2=A0 =

WE WILL NEED A WRITE UP ON WHAT = HE IS SUGGESTING.=C2=A0 =C2=A0=C2=A0=C2=A0PLEASE COMPLETE AS SOON AS YOU = CAN IN MICROSOFT WORD AND WE WILL INCORPORATE INTO THE BUSINESS = PLAN.

THANK = YOU,

 

 

 

3D"Logo Description

S= usan Faith<= o:p>

F= inance Manager

<= o:p> 

P= hone:= 7= 02.685.1118

D= irect:  9= 19.741.0577

E= mail:= sfaith@aicenergycorp.com<= o:p>

2= 840 S. Jones Blvd. Ste 1

L= as Vegas, NV 89146

www.aicenergycorp.com= <= o:p>

 

 

This e-mail message, including any = attachment, may contain AIC Energy Corp. dba SAFuels X privileged and/or = confidential information.  If you are not the intended = recipient(s), or the employee or agent responsible for delivery of this = message to the intended recipient(s), you are hereby notified that any = dissemination, distribution or copying of the e-mail message is strictly = prohibited.  If you have received this message in error, please = immediately notify the sender and delete this e-mail message from your = computer.

 

From: Davis = <davis@bis.midco.net>
Sent: Friday, February 4, 2022 = 6:34 AM
To: Snow Liu-Melk @AIC = <smelk@aicenergycorp.com>; John Melk <jmelk06@icloud.com>; = John D. Lee <jlee@aicenergycorp.com>; Jennifer Wilson = <jwilson@aicenergycorp.com>; Roger Grimes = <rgrimes@aicenergycorp.com>; Susan Faith = <sfaith@aicenergycorp.com>; Trevor John = <Tjohn@aicenergycorp.com>; DONALD HOCHHALTER = <Don_Hochhalter@msn.com>
Subject: Fwd: Feasibility study = - feedback

 

 

Sent from my iPhone


Begin forwarded = message:

From: Davis <davis@bis.midco.net>
Dat= e: February 4, 2022 at 9:14:01 AM EST
To: Kyle Althoff = <kalthoff@equinox8.com>
Subject: Re: Feasibility study - = feedback

=EF=BB=BFThank you Kyle,

 

Very informative, I will pass it = on.

Are you still up for = zoom meeting, maybe next week.

 

I = appreciate everything.

 

Bill

 

 

Sent = from my iPhone



On Feb 3, 2022, at 11:58 PM, Kyle Althoff = <kalthoff@equinox8.com> = wrote:

=EF=BB=BF

Hi = Bill,

 

Here=E2=80=99s some feedback from my review of the = Feasibility study.  Open to questions as you need clarification = =E2=80=93 this is my opinion=E2=80=A6and others can have different = approaches =E2=80=93 so just take this as my 2 cents:

 

  • Include the sources = and uses for the project in the Executive summary, and then again in = project finances.  What has been raised, what remains to be raised, = what is expected debt tranche(es)?

 

  • Lead with some of the = wart=E2=80=99s =E2=80=93 and how will they be = addressed
    • Is there are strong management team that has decades of oil / fuel = experience operating and managing facilities
    • What happens if DoD contract terms change?  =
    • More details on the = minority preference program with DoD.  What is the risk of = this not being approved?  What markets would the project sell into = then, and how would it compare to all the other RD projects developed = (feedstock cost, operating cost, markets and prices for = products).

 

  • The technology and = operations section is covered well.

 

  • Soybean / oil seed = feasibility analysis
    • Soybean oil prices are now at $0.65 / lb. ($65 / cwt).  I = would recommend updating soybean / feedstock pricing.  Also include = discussion on the current and historical crush = margins.
    • More details on = production and supply of feedstocks.  How much is actually = available regionally =E2=80=93 not just production, but net after other = uses.  What is the cost of railing to site?  What quantities = are committed already by third parties (MN Soy, etc.) and what type of = contract structures are those commitments in?
    • The stochastic forecasting doesn=E2=80=99t seem like it adds = value.  I recognize it is dated =E2=80=93 but the forecasted prices = for 2021 look significantly off from actuals=E2=80=A6which = doesn=E2=80=99t help support the inclusion of it within the = document.

 

  • Markets =E2=80=93 more = details on the market size and historical pricing for the various fuels = to be sold
    • Include details on the applicable RIN and LCFS prices (and other = credits if applicable)

 

  • For the ND programs, = you need to make a case of why you are requesting the money =E2=80=93 = where will it be used, and how it will benefit people in the state of = ND.  As I reviewed the project, I saw there was already ~$65 = million committed into the project, and the investor base was a limited = group of people with not many residing currently in ND.  Maybe I = missed some of that in the text, but I would expect the state government = will need to justify why it would fund a project with limited ND = ties. 

 

As I noted = =E2=80=93 food for thought, hope this helps provide some constructive = feedback,

 

Thanks,

 

Kyle

 

Kyle = Althoff

kalthoff@equinox8.com =

303-910-6052

 

EQUINOX =E2=88=9E

 www.equinox8.com

 

------=_NextPart_001_0034_01D81CCE.13D13CB0-- ------=_NextPart_000_0033_01D81CCE.13D13CB0 Content-Type: image/jpeg; name="image001.jpg" Content-Transfer-Encoding: base64 Content-ID: /9j/4AAQSkZJRgABAQEAYABgAAD/2wBDAAoHBwkHBgoJCAkLCwoMDxkQDw4ODx4WFxIZJCAmJSMg IyIoLTkwKCo2KyIjMkQyNjs9QEBAJjBGS0U+Sjk/QD3/2wBDAQsLCw8NDx0QEB09KSMpPT09PT09 PT09PT09PT09PT09PT09PT09PT09PT09PT09PT09PT09PT09PT09PT09PT3/wAARCABAAJsDASIA AhEBAxEB/8QAHwAAAQUBAQEBAQEAAAAAAAAAAAECAwQFBgcICQoL/8QAtRAAAgEDAwIEAwUFBAQA AAF9AQIDAAQRBRIhMUEGE1FhByJxFDKBkaEII0KxwRVS0fAkM2JyggkKFhcYGRolJicoKSo0NTY3 ODk6Q0RFRkdISUpTVFVWV1hZWmNkZWZnaGlqc3R1dnd4eXqDhIWGh4iJipKTlJWWl5iZmqKjpKWm p6ipqrKztLW2t7i5usLDxMXGx8jJytLT1NXW19jZ2uHi4+Tl5ufo6erx8vP09fb3+Pn6/8QAHwEA AwEBAQEBAQEBAQAAAAAAAAECAwQFBgcICQoL/8QAtREAAgECBAQDBAcFBAQAAQJ3AAECAxEEBSEx BhJBUQdhcRMiMoEIFEKRobHBCSMzUvAVYnLRChYkNOEl8RcYGRomJygpKjU2Nzg5OkNERUZHSElK U1RVVldYWVpjZGVmZ2hpanN0dXZ3eHl6goOEhYaHiImKkpOUlZaXmJmaoqOkpaanqKmqsrO0tba3 uLm6wsPExcbHyMnK0tPU1dbX2Nna4uPk5ebn6Onq8vP09fb3+Pn6/9oADAMBAAIRAxEAPwD2aiii gAooqrqOo2ulWbXV9L5UCY3PtJAz64FNJvRBsWqK53/hP/DX/QVi/wC+H/wp8Hjnw9czxww6nG0k jBEUI3JJwB0q/ZVP5X9xPPHub9FFUtT1ey0a2FxqE3kwk7d5RiAffAOPxqEm3ZFN23LtFc5/wn/h of8AMWi/74f/AArfhmS4gjmibdHIoZTjGQRkU5QlH4lYSknsySisS78ZaBYzGK41W3EinBVSXx9c ZqD/AIT/AMNf9BWL/vh/8KpUpvaL+4XPHudFRXOf8J/4aH/MWi/74f8AwroIZUnhSWI7o5FDKcYy DyKmUJR+JWGpJ7MfRTJpUt4ZJpWCxxqWZj0AHJNcF418e3Ol+HtOm01FjuNTQyo5+byo+COOhYgj 6c0Qg5uyFKSirs9AormfA1i40C21G8uZru9vYxK8srlsA8hQOgA9q6aiSs7BFtq4UUUVJQUUUUAJ XFX/AMS9AWW5s5oLq4jBaJysalHHQ4yeRVz4g+If7D8PtHC+Lu7zFFjqo/ib8B+pFeJ9BgD8K78J hVUTlM5q9ZxfLEuakln9slk0sT/YS+I/OXDL32nk5x/Ko7Fimo2rKSCJkII/3hXUeLNE/sDwnoVs 4xcyPJNP/vELx+AwPwrkUYq6sOCGBH516NOSnC6OSS5Zan0pXL69440TSr2bTNRSaVwo8xFh3qQR nB/CumU/ICfSvnzX77+0/EF/d5yss7Ff90HA/QCvKwlBVZPm2R216jglYv6hZ6Jqmu2sXh57hY7q ZY2t5o8CPJ6qcnj2Ndv8Ttdk0vTbbSbJzE1ypMhU4IjHGB9f5A1ynw1sPtvjCGQjKWsbTH642j9W /So/iLf/AG7xldKDlLZVgX8Bk/qTXa4KVeMHqoq5zqVqbl3OX4A9BXUWHw61/ULSO5SCGJJBuUTS bWI9cYOPxrL8NWH9qeJNPtCu5JJ1Lj/ZHzH9BX0DRi8TKk1GIUKKnds8eh+FuumeMTfZBEXG8iYk 7c89vSvYFUIgVRhVGAB2FOqK4m8iJnxk9h6mvLxGJc1zVHojsp0lDSPUz9ZIvre80hSUnubOQxtn Gf4T+WR+deW6ZaHxh4PXQ5P3Wt6KzeRG/HmR9GT6jp+ArtPFS39xpFnrelsDf6XIXZQPvoeHGPTG D9M1jyWcHiiRPEfhtvs2sRYa4tsgFjjqPU9vQjrzV4ScalNVIvR637epliW4Nx69u/p5l/4Z64/9 n/2Ffgx3VpkRB+Cyd1+q/wAvpXeV5yVj8WH7RZkaf4ltOXjPy+aR6Z7/AMuh4rqfDPiH+2YJILpP I1K1Oy5gYYIP94D0NXiKevMvmu3/AAGRhqra5Za9n3/4KN2iiiuU6wpGYKpZiAAMkntS1yfxCv76 HQjZabbXM095lGaGNm2R/wAXI6E9PxNXCHPJRJlLlVzzLxhr58ReIJrlWJto/wB1bj/YHf8AE8/l WLFO1tPHKjBZI2DqSAcEHI4NXf7B1Yf8wq+/8B3/AMK9W8C+FINO8OxvqFnG93cnzXE0YJQfwrz0 4/UmvZqVoUKaS1OCMJVJanlOq+INR10xHUrs3Hk52ZVRtz16AegrPY4UkdQK9J+J2iSPcad/Zems yhZN/wBmg91xnaPrXCtoGrFT/wASu+6f8+7/AOFXRqwlBNaeRNSElJp6nter6k2n+Cp75mPmLZ5B /wBorgfqRXgoGABXrHjP7fN4B0yzgtLiWedYvNWOJiVCrk5AHHOK83/sHVv+gXff+A7/AOFc+CSj FtvdmuIbbSO9+E9otvYanqcgwpYRhvZRuP8AMflXnN5dNfX1xdOctPI0h/E5r2jwnojW3gOKwnRo pbmFzKCMFS+evuARXk954U1vT7hoJdMumKHG+KMure4Iow9SMqs5NiqwahFG38LkgbxaXmdVdLdj ECfvMSAcfhmvY6+ev7B1fr/Zd9kf9O7/AOFP/sfW/wDnw1L/AL9SUV8NGrPm5h0qrhG1j6CrN1S4 2Ernov6mqngnTpNM8J2MM6us7KZJA/UFjnB/DAqHxGzxpOy9UZH/AOAkFf5gfnXz2YxapSjHU9TC Lnmrlaw1dbG5/ecwvw49PesPxN4Wu9Kn/t3ww58kfvJIYjynqyeq+oqvJdZ71Y0zxRPo8mP9bbE/ NET0919DXm5RjZ4Rezl8J6OOytYiN4rUoReILDxLJCdQl/srWEx5GoxcIx7Bx2/l/Kt5UvtQ1BJJ Io7PxXpy7gVOIdQgzg4PdT09VbFch8QdASy1OG7sFAsdRTzUUDhW7j6HIP4mr3wr8Qve3yaJqRaV 7UNNZSk/NHjhkz6YP+eK+sqxTpqpDb+v6sfOUU4ycJ7nq1rcLdW0cyqyh1ztYYK+xHqKlpBxS155 2BXKX+oSy+JJoUuhHDCgXY1wYlZvqO/NdXTfLTOdq59cVlVpuokk7G1Goqbbavoc5d63c2k97FA0 fk2US5aQF2ZzjjOaLrxDdQyWUISJJJYBLKSOhPQDJH866Py0OflXnrxQUVsblBx6is3Rqa2n/V/6 Roq1PS8P6t/TOfbWtQFtpybLcXd3IRjqoUd+DTr7Wbuyu4rSR7dXELSyylTtOM4CjPtW9sXj5Rx0 46VVutKtb1mNwrtuGCPMYDH0BxRKlUt7stdP6+YRrUr+9HTX+vkYya/di20ySYQobyQ7yVIVUB+v WtHQtRm1S3nnlCCMSssW0dVHrViXS7WWOONkYRxrtVVdlAH0Bqa1tIbK3WC3QJEvRRRTp1VK8pXQ qlSlKDUY2f8AwX/wDD1a+z4it7Sa7e2tUiLyEPs3E9Bmi91l9PvFs7eVBEluZjLOS5bqQAc810BR W+8oP1FBRW+8oP1FN0Z6tS3f9IFWhonHZf09jnl1y/ki0tEjhW6vNxZWU4Vex65ovtcu7O9+ytLb K0duZJXKnBbsFGe/FdDtXOcDI74qBNPtku5bpYh50oAdiScgdOKTpVLaSGq1K93Dv99/0QzSbme8 0yC4uUCSyLuKgYHt+lN1Kw+2xfJt8wArh/uup6qfY+vYgGr1FbqPu8stTDn97mjoeU6rpN9YXDL9 luTGT8p2Fse2RwfrTtM8L6lqcqmeF7W1BzJLMNuB3wDya9TqO4toLqPy7iGOVP7rqGH5GuSOBpqV +h6LzWrycqSv3PJPiL4msru4s9M0r9+lkCC0fILYACr64A6irnwr8GX9lqL67qkLW2YykETjDnd1 YjsMdM+tel2+n2doc21pBCfWOML/ACFWa9R1/c9nFaHjKn7zm9wooorA1P/Z ------=_NextPart_000_0033_01D81CCE.13D13CB0 Content-Type: image/jpeg; name="image002.jpg" Content-Transfer-Encoding: base64 Content-ID: /9j/4AAQSkZJRgABAQEAYABgAAD/2wBDAAoHBwkHBgoJCAkLCwoMDxkQDw4ODx4WFxIZJCAmJSMg IyIoLTkwKCo2KyIjMkQyNjs9QEBAJjBGS0U+Sjk/QD3/2wBDAQsLCw8NDx0QEB09KSMpPT09PT09 PT09PT09PT09PT09PT09PT09PT09PT09PT09PT09PT09PT09PT09PT09PT3/wAARCAAsAKsDASIA AhEBAxEB/8QAHwAAAQUBAQEBAQEAAAAAAAAAAAECAwQFBgcICQoL/8QAtRAAAgEDAwIEAwUFBAQA AAF9AQIDAAQRBRIhMUEGE1FhByJxFDKBkaEII0KxwRVS0fAkM2JyggkKFhcYGRolJicoKSo0NTY3 ODk6Q0RFRkdISUpTVFVWV1hZWmNkZWZnaGlqc3R1dnd4eXqDhIWGh4iJipKTlJWWl5iZmqKjpKWm p6ipqrKztLW2t7i5usLDxMXGx8jJytLT1NXW19jZ2uHi4+Tl5ufo6erx8vP09fb3+Pn6/8QAHwEA AwEBAQEBAQEBAQAAAAAAAAECAwQFBgcICQoL/8QAtREAAgECBAQDBAcFBAQAAQJ3AAECAxEEBSEx BhJBUQdhcRMiMoEIFEKRobHBCSMzUvAVYnLRChYkNOEl8RcYGRomJygpKjU2Nzg5OkNERUZHSElK U1RVVldYWVpjZGVmZ2hpanN0dXZ3eHl6goOEhYaHiImKkpOUlZaXmJmaoqOkpaanqKmqsrO0tba3 uLm6wsPExcbHyMnK0tPU1dbX2Nna4uPk5ebn6Onq8vP09fb3+Pn6/9oADAMBAAIRAxEAPwD2aisf xVrJ0Dw5eX6gGSNMRg93Jwv6mvH9EtfFPi27uGstQunZMNLI90yKCeg4+nQCtYUuZOTdkZzqcrtY 94orzLw74J8UWfiCzudT1EtaQyb5FF5I+7AOBjvziux8S+KNN8N28X9pmUi5JRUiXLEY5PUYH+NT KGtou41LS70NyivnfUtUuo72RtP1PUzYyMTA0szq23069jxmvaPAk73PgrTJZJWlkMR3OzbiTuPU 1dSi4JO4oVOZ2OgoryHxv4o0vV5mbSb7VLXUIXMRVdyxTYOMcNwfQ4+tJ/wgPjYj/kJYPob+T/Ch UdLydhe01slc9forjpvFun+CrLT9K1iS6mvFtUaRkHmc9Dkkg9Qav6j430vS9GsdSuhciG+GYVEe XxjOSM8cfzqOSXRF8yOiorJ0XxJY67pL6lbM8VqjMrNONmMdT16c1iXXxT8OW0xjWa4uMfxwwkr+ ZxmkoSbskDlFa3OxorF0DxZpXiVX/s64JkjGXikXa6j1x3HuK8q8e61fXHja8gsr25iSNkt1WKZl G7AzwDjOTVwpOUuXYUqiirnt9FYWoeItJ8K2VtBqd6FkWNVVOXkfAxnAyfxNY8fxY8OySKrG8jBP LNBwPrgk1KpyeqQ3OK3Z2tRXInNu4tWjWfHyGRSVz7gEGm2d5b6haR3VnMk0EoykiHIYVNUFHmGt fETxP4fvTa6lpNjG55RhvKOPVTnmul0bxza3fg1tb1ExwNEWjljQ9XHRVB5yRjH1rzbxxqWtQa3f 6RfX0s9osu+NJFU/KeVIOOwOM+1czF58+y1hEkm+TKQrk7nPHA9e1dyoRlFPY5XVcZM9CtPipr2p 6jHaWGlWbyzPtjQ7yce5z2HU16nbCcW0f2oxmfaPMMYIXPfGecVy3gPwYnhqx+03QDalcKPMPURD +4P6nvXXVzVXC9oI2pqVryOZ+IGjXeueFZrawjEk6yJIEyAWAPIGe9eUR6d4s8L2s93FDf6fAQPN kUgDrgZ5Pr+td7471/xNp+tQ2+gw3BgEAZ2S080FiT3wewFcbqur+NdasHsr+3vnt3ILItkV3YOR khfWt6Kko20sZVGm+tzqfhb4k1TV76/tNRu3ukjjWRGkwWU5wRn0rjPHuu/294ouJIm3W9v+4h54 IB5P4nP4YrqdG0fVPB/gbUbz7NOdV1DbHFDEhd4l5wSB0PLH8q5/wd4JudZ1wQ6raXlvZxxl5GdG jLHoACR1yc/hVR5FKU+gpcziolDxNNprR6Tb6VOJ47WzEcrhCuZCxZuo9TXpfgy8GnfCtLskAQQz yc+oZsVwvjLwa+k64LbRbC+mtfJVi4RpPmJOeQPYVuW8WpW/wcms/sd2bmW4MQi8lt4QvknHXGAf zoqcsoRSfUIXUnc890+2u72+hisYnlu2bcioOSw5z+ma9G8K2/jaTxLZ/wBsSailipLS+ay7TgHA OPU4qj8MNAvYvFZur2yuYEt4GKtLEVBZsDjI9M169U16tnypDpU9LnhPxBuG1Xx3eRR5YoyWyD3A A/mTWp8VZVgvdJ0qMjZZ2vQds8D9FrP1zRdY0vxtc3a6XPcBbw3MZWFnSQbtw5Aqtrlrr/iTXpLu 80m7iknZY9ogfbGvAHOPxz9a0il7rvokQ76+Zo+JLqTS/AWgaLGdn2qI3dwAfvAnKg+2Tn8BWNo7 pHouoxHQp76e6XZDdKhYQY9ODzn3rt/iZ4Tv7s2F5plu9xFbW/2d44xl1AOQcdx9K5yy1HxXbeH4 NE03TL622SmTz4YXWR8knBOMDr+gpQknDQck1LUf8OtPvrbxpazS2tzDFHHIZHeJlG3aeOR644rP 8PK2v/EK2kb5vPvWuG78Al/6Cu+0/T/EOk+DNWu9Yuru8v57crDa7zKY8jA4H8WTzj0rn/hj4evY /EE9xdWtzaiG1ZY5JIivzNgcZ6kDNLnvzS+Q+X4UYnxCtL+HxfqE17FKscr5hlZflKYAGD04qWLW PC2pW1lBq2k3Fm1umxp7BlxJ/tMCMnp79TWpcaj470XVBHfR3l/DG5yhgDxTr9VX8ax38N634o1u WW20M6eszDI8sxxR8cnn8+KpNWSk9uqZL30PYfC2lWGkaHFDpU0s1nKfOjeR9xw3PHA4rWd1jRnd gqqMsxOAB61V0nTo9I0m1sIiSlvEsYJ74HWvNviR4sur6STRtLiuRboStzKsbYlP90HH3R39fp14 4xdSVjpclCJzfj7xDa+I/EXn2KDyII/JWXGDLgk5+nPFYmlajJpGq2t/Efnt5Q/1HcfiMiuv8MfD qfVNBvNQvlaNpIG+xRHIbd2dh6cYA/H0ri/sd13tLgH08pv8K74OFuRdDkkpX5mfSsEyXMEc0Tbo 5FDqR3BGRUlcf8MtRkvPCkdtcJIk1kxhO9SCV6qefY4/CuwrzpR5W0dsXdXM/UW1SEGTTktrjHWG UlCfowyPzH41zknxEjsLr7Pq2kXtnLzxlWz9Dxn8K7Kq97p9rqUBgvbeOeM/wuM4+npWck+jOilO mtKkbr7mYtv470S4/wCW8kfH8cTf0q9D4l0qf7l4v/AlI/mKhXwfoSfd06Mf8Cb/ABq3HoOmRKAl jAAP9nNYv2/S34mknhfsqX4Esep2cv8Aq7iM/jUjXluv3p4x9WFMTTrRPu20Q+i1IbaA9YYz9VFS vrPXl/Ewfs76XIW1WwT715APrIKcNUsSoIvbbB7+av8AjTxZ2ynK28QJ7hBQbS3PWCI/8AFbR9p9 qwe55jRqNmwyt3bkeokX/Gl+32n/AD9Qf9/BUiQRRrhIkUegUCneWn9xfyqyNDMvtbjsbwQsqMCm 7Pmc554xj2/UVU/4SVxKVa3iwDt2rLls557Y6c1v4HoKMD0FVdE2ZgP4jkRNhgVZiOCz8AEcMeOm cZ54Bp9t4heSSbzoFWKNNzPv4XoMYxnBPfFbmAeoo/Ci6CzMFvEpEas1qyNkgqW+8cAgA4/2gf0o j8RS+YqvboS5woV/XOD054xn0re60YHpRdBZlKDVbSWOPzLiCOZlBaIyjcpI6etWhPEekqf99CmN Z2zuXa3iLHkkoMmnC2hHSGMfRRU6l+6P3r/eX86aZ4h1lQf8CFL5aYxsXH0pptoW6wxn6qKSuLQe rK4ypDD1Bp1NVFjXaihV9AMU6qEf/9k= ------=_NextPart_000_0033_01D81CCE.13D13CB0--