UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


WASHINGTON,
D.C. 20549




FORM
10-Q





x
            QUARTERLY
      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934





For
      the quarterly period ended: March 31,
      2009





OR





o
            TRANSITION
      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934





For
      the transition period from ____________ to
  ___________.





Commission
File No.: 0-20726





Kent
International Holdings, Inc.


(Exact
name of registrant as specified in its charter)





Nevada
                  20-4888864(State
      or other jurisdiction of
                  (I.R.S.
      Employerincorporation
      or organization)
                  Identification
      No.)





211 Pennbrook Road, P.O. Box
97, Far Hills, New Jersey 07931


(Address
of principal executive offices)





(908)
766-7222


(Registrant's
telephone number)





Indicate
by check mark whether the registrant (1) filed all reports required to be filed
by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90
days.


Yes x     No
o





Indicate
by check mark whether the registrant has submitted electronically and posted on
its corporate Web site, if any, every Interactive Data File required to be
submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this
chapter) during the preceding 12 months (or for such shorter period that the
registrant was required to submit and post such
files.)  Yes x    
No o





Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company.  See the definitions of “large accelerated filer”,
“accelerated filer” and “smaller reporting company” in Rule 12b-2 of the
Exchange Act. (Check One)




Large
accelerated filer o    
Accelerated filer o    
Non-accelerated filer o    
Small reporting company x





Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act).


Yes x     No
o





Indicate
the number of shares outstanding of each of the issuer's classes of common stock
as of the latest practicable date:  As of May 1, 2009, the issuer had
3,555,488 shares of its common stock, par value $.002 per share,
outstanding.










KENT INTERNATIONAL HOLDINGS, INC. AND SUBSIDIARIES


FORM
10-Q


For The
Quarterly Period Ended March 31, 2009




Table of
Contents





PageNumberPART I.
      FINANCIAL INFORMATIONItem
      1.  Financial StatementsConsolidated Balance Sheets as of March 31, 2009 and December
      31, 2008
                        3Consolidated
      Statements of OperationsThree Months Ended March 31, 2009 and
      2008
                        4Consolidated
      Statements of Cash FlowsThree Months Ended March 31, 2009 and
      2008
                        5Notes to Consolidated Financial
    Statements
                        6Item
      2.  Management's Discussion and Analysis of
      Financial Condition
      and Results of Operations
                        8Item 3. Quantitative and
      Qualitative Disclosure About Market Risk
                        11Item
      4.  Controls and Procedures
                        11PART
      II. OTHER INFORMATIONItem
      1.  Legal Proceedings
                        11Item
      2.  Unregistered Sales of Equity Securities and
      Use of Proceeds
                        12Item 3.  Defaults Upon
      Senior Securities
                        12Item
      4.  Submission of Matters to a Vote of Security
      Holders
                        12Item
      5.  Other Information
                        12Item
      6.  Exhibits
                        12Signatures
                        13


2
 Table of Contents


PART
      I.
            FINANCIAL
      INFORMATION


ITEM
      1.
            Financial
      Statements





KENT INTERNATIONAL HOLDINGS, INC. AND SUBSIDIARIES


CONSOLIDATED
BALANCE SHEETS








March 31, 2009
                  
                  
                  December 31,ASSETS
                  
                  (Unaudited)
                  
                  
                  2008Current
      Assets:Cash
      and cash equivalents
                  
                  $
                  194,367
                  
                  
                  $
                  290,880Short-term
      investments
                  
                  
                  10,095,620
                  
                  
                  
                  10,090,292Prepaid
      expenses and other current assets
                  
                  
                  6,178
                  
                  
                  
                  4,769Total
      current assets
                  
                  
                  10,296,165
                  
                  
                  
                  10,385,941Property
      and equipment, net of accumulated depreciation of $7,391Other
      assets
                  
                  
                  5,500
                  
                  
                  
                  5,500Total
      assets
                  
                  $
                  10,301,665
                  
                  
                  $
                  10,391,441LIABILITIES
      AND STOCKHOLDERS’ EQUITYCurrent
      liabilities:Accounts
      payable and accrued expenses
                  
                  $
                  44,701
                  
                  
                  $
                  30,087Stockholders'
      equity:Preferred
      stock, $.002 par value; 2,000,000 shares authorized; none
      outstanding
                  
                  
                  -
                  
                  
                  
                  -Common
      stock, $.002 par value; 10,000,000 shares authorized; 3,555,488
      shares issued and outstanding
                  
                  
                  7,111
                  
                  
                  
                  7,111Additional
      paid-in capital
                  
                  
                  99,355,848
                  
                  
                  
                  99,353,651Accumulated
      deficit
                  
                  
                  (89,105,995
                  )
                  
                  
                  (88,999,408
                  )Total
      stockholders' equity
                  
                  
                  10,256,964
                  
                  
                  
                  10,361,354Total
      liabilities and stockholders' equity
                  
                  $
                  10,301,665
                  
                  
                  $
                  10,391,441








See
accompanying notes to consolidated financial statements.


3
 Table of Contents


KENT INTERNATIONAL HOLDINGS, INC. AND SUBSIDIARIES


CONSOLIDATED
STATEMENTS OF OPERATIONS


(UNAUDITED)








Three
      Months EndedMarch 31,2009
                
                
                2008Revenues:Interest
                
                $
                5,763
                
                
                $
                83,516Expenses:General
      and administrative
                
                
                112,350
                
                
                
                113,161Loss
      before income taxes
                
                
                (106,587
                )
                
                
                (29,645
                )Provision
      for income taxes
                
                
                -
                
                
                
                -Net
      loss
                
                $
                (106,587
                )
                
                $
                (29,645
                )Basic
      and diluted net loss per common share
                
                $
                (0.03
                )
                
                $
                (0.01
                )Basic
      and diluted weighted average number of common shares
      outstanding
                
                
                3,555,488
                
                
                
                3,567,956








See
accompanying notes to consolidated financial statements.


4
 Table of Contents


KENT INTERNATIONAL HOLDINGS, INC. AND SUBSIDIARIES


CONSOLIDATED
STATEMENTS OF CASH FLOWS


(UNAUDITED)








Three
      Months EndedMarch 31,2009
                
                
                2008Cash
      flows from operating activities:Net
      loss
                
                $
                (106,587
                )
                
                $
                (29,645
                )Adjustments
      to reconcile net loss to net cash used in operating
      activities:Depreciation
                
                
                
                
                
                
                244Stock-based
      compensation expense
                
                
                2,197Changes
      in operating assets and liabilities:Interest
      receivable on short-term investments
                
                
                (5,328
                )
                
                
                (82,527
                )Change
      in prepaid expenses and other current assets
                
                
                (1,409
                )
                
                
                5,118Change
      in accounts payable and accrued expenses
                
                
                14,614
                
                
                
                13,227Net
      cash used in operating activities
                
                
                (96,513
                )
                
                
                (93,583
                )Cash
      flows from investing activities:Sale
      of short-term investments
                
                
                
                
                
                
                98,430Net
      cash provided by investing activities
                
                
                -
                
                
                
                98,430Net
      increase (decrease) in cash and cash equivalents
                
                
                (96,513
                )
                
                
                4,847Cash
      and cash equivalents at beginning of period
                
                
                290,880
                
                
                
                28,340Cash
      and cash equivalents at end of period
                
                $
                194,367
                
                
                $
                33,187Supplemental
      disclosure of cash flow information:Cash
      paid for:Taxes
                
                $
                -
                
                
                $
                -






See
accompanying notes to consolidated financial statements.




5
 Table of Contents




KENT INTERNATIONAL HOLDINGS, INC. AND SUBSIDIARIES


Notes To
Consolidated Financial Statements


(Unaudited)





NOTE
A - Basis of Presentation





The
accompanying unaudited financial statements of Kent International, Inc. and its
subsidiaries (“Kent International” or the “Company”) reflect all material
adjustments consisting of only normal recurring adjustments that, in the opinion
of management, are necessary for a fair presentation of results for the interim
periods.  Certain information and footnote disclosures required under
accounting principles generally accepted in the United States of America have
been condensed or omitted pursuant to the rules and regulations of the
Securities and Exchange Commission, although the Company believes that the
disclosures are adequate to make the information presented not
misleading.  These financial statements should be read in conjunction
with the financial statements and notes thereto included in the Company’s Annual
Report on Form 10-K for the year ended December 31, 2008 as filed with the
Securities and Exchange Commission.





The
preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America requires management to make
estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of
the financial statements and the reported amounts of revenues and expenses
during the reporting period.  Actual results could differ from those
estimates.





The
results of operations for the three months ended March 31, 2009 are not
necessarily indicative of the results to be expected for the entire year or for
any other period.





NOTE
B - Related Party Transactions





A monthly
management fee of $21,000 is paid to Kent Financial Services, Inc. (“Kent”), a
Nevada corporation, for management services.  These services include,
among other things, periodic and other filings with the Securities and Exchange
Commission, evaluating merger and acquisition proposals, internal accounting and
shareholder relations.  This arrangement may be terminated at will by
either party.  Kent was the beneficial owner of approximately 53.44%
of the Company’s outstanding common stock at March 31, 2009.  Paul O.
Koether, Chairman of the Company is also the Chairman of Kent and the beneficial
owner of approximately 59.11% of Kent’s outstanding common
stock.  Bryan P. Healey, Chief Financial Officer and Director of the
Company is also the Chief Financial Officer and Director of Kent as well as the
son-in-law of Paul O. Koether.





NOTE
C - Common Stock





In
October 2000, the Board of Directors approved a stock repurchase program
authorizing the Company to repurchase up to 320,000 shares of its Common Stock
at prices deemed favorable from time to time in the open market or in privately
negotiated transactions subject to market conditions, the Company’s financial
position and other considerations.  This program has no expiration
date.  No shares were repurchased during the quarters ended March 31,
2009 and 2008.  At March 31, 2009, there were 121,068 shares remaining
authorized for repurchase under the program.  All shares repurchased
were returned to the status of authorized but unissued shares.


6
 Table of Contents


NOTE
D - Basic and Diluted Net Loss Per Share





The
Company reports income (loss) per share under the requirements of Statement of
Financial Accounting Standards No. 128, “Earnings per
Share”.  Basic income (loss) per share includes the weighted
average number of common shares outstanding during the year.  Diluted
income (loss) per share includes the weighted average number of shares
outstanding and dilutive potential common shares, such as warrants and
options.  The Company had 200,000 and 120,000 common stock options
outstanding at March 31, 2009 and 2008, respectively.  Since the
Company had losses in the three months ended March 31, 2009, the stock options
outstanding would have an anti-dilutive effect on net loss per share and as such
are not included in the calculation.





NOTE
E - Stock Options Plans





Kent
International has issued certain common stock options to its employees,
directors and consultants.  At March 31, 2009 and December 31, 2008,
Kent International had 200,000 common stock options outstanding, and none were
issued during the three months ended March 31, 2009.





NOTE
F – Net Operating Loss Carryforwards





As of
December 31, 2008, Kent International had approximately $63.4 million of net
operating loss carryforwards (“NOL”) for income tax purposes.  In
addition, Kent International has approximately $1.85 million of research and
development and foreign tax credit carryforwards available to offset future
federal income tax, subject to limitations for alternative minimum
tax.  The NOL’s and tax credit carryforwards expire in various years
from 2009 through 2027.  Kent International’s use of operating loss
carryforwards and tax credit carryforwards is subject to limitations imposed by
the Internal Revenue Code.  Management believes that the deferred tax
assets as of March 31, 2009 do not satisfy the realization criteria set forth in
SFAS No. 109 and has recorded a valuation allowance for the entire net tax
asset.  By recording a valuation allowance for the entire amount of
future tax benefits, the Company has not recognized a deferred tax benefit for
income taxes in its statements of operations.





NOTE
G - Stock Based Compensation Expense





The
Company follows SFAS No. 123(R), "Share-Based Payment," (“SFAS
123(R)”), a revision of SFAS 123, "Accounting for Stock-Based
Compensation.”  SFAS 123(R) requires that the compensation cost
relating to share-based payment transactions be recognized in financial
statements.  The compensation cost is measured based on the fair value
of the equity or liability instruments issued.





NOTE
H - New Accounting Pronouncements





In
December 2007, the Financial Accounting Standards Board (“FASB”) issued
Statement of Financial Accounting Standard (“SFAS”) No. 141 (R), Business Combinations, and
SFAS No. 160, Noncontrolling
Interests in Consolidated Financial Statements.  SFAS No. 141
(R) requires an acquirer to measure the identifiable assets acquired, the
liabilities assumed, and any noncontrolling interest in the acquiree at their
fair values on the acquisition date, with goodwill being the excess value over
the net identifiable assets acquired.  SFAS No.160 clarifies that a
noncontrolling interest in a subsidiary should be reported as equity in the
consolidated financial statements.  The calculation of earnings per
share will continue to be based on income amounts attributable to the parent.
SFAS No. 141 (R) and SFAS No. 160 are effective for financial statements issued
for fiscal years beginning after December 15, 2008.  SFAS 141 (R) and
SFAS No. 160 will significantly affect the accounting for future business
combinations and we will determine the accounting impact as new combinations are
determined.


7
 Table of Contents


ITEM
      2.
            Management’s
      Discussion and Analysis of Financial Condition and Results of
      Operations





The
following discussion and analysis should be read in conjunction with the
Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2008
as well as the Company’s financial statements and notes thereto included
elsewhere in this Quarterly Report on Form 10-Q.  Statements in this
report relating to future plans, projections, events or conditions are
forward-looking statements.  Such statements are subject to risks and
uncertainties that could cause actual results to differ materially from those
described.  The Company expressly disclaims any obligation or
undertaking to update these statements in the future.





Business
Activities





Our
current business plan is to serve as a vehicle for the acquisition of or merger
or consolidation with another company (a ‘‘target business’’).  We
intend to use our available working capital, capital stock, debt or a
combination of these to effect a business combination with a target business
which we believe has significant growth potential.  The business
combination may be with a financially stable, mature company or a company that
is in its early stages of development or growth, which could include companies
seeking to obtain capital and to improve their financial
stability.  We will not restrict our search to any particular
industry.  Rather, we may investigate businesses of essentially any
kind or nature and participate in any type of business that may, in our
management’s opinion, meet our business objectives as described in this
report.  We emphasize that the description in this report of our
business objectives is extremely general and is not meant to restrict the
discretion of our management to search for and enter into potential business
opportunities.  We have not chosen the particular business in which we
will engage and have not conducted any market studies with respect to any
business or industry for you to evaluate the possible merits or risks of the
target business or the particular industry in which we may ultimately
operate.  To the extent we enter into a business combination with a
financially unstable company or an entity in its early stage of development or
growth, including entities without established records of sales or earnings, we
will become subject to numerous risks inherent in the business and operations of
financially unstable and early stage or potential emerging growth
companies.  In addition, to the extent that we effect a business
combination with an entity in an industry characterized by a high level of risk,
we will become subject to the currently unascertainable risks of that
industry.  An extremely high level of risk frequently characterizes
certain industries that experience rapid growth.  In addition,
although we will endeavor to evaluate the risks inherent in a particular
industry or target business, we cannot assure you that we will properly
ascertain or assess all significant risk factors.





Additionally,
Kent International has developed a niche social networking website, www.ChinaUSPals.com,
designed to promote cultural exchange between the citizens of the United States
and those of the People’s Republic of China.  Membership to the site
is free, thus, any potential revenues will be derived from advertisements placed
on the site by third parties.  The site provides users with access to
other users’ personal profiles and enables the user to send messages to other
registered users of similar interests in order to develop lasting friendships or
simply attain a pen pal.  ChinaUSPals.com also features user generated
discussion forums and blogs as well as user submitted videos and
pictures.  In July of 2008, we reached an agreement with Wizart
Studios, LLC, a New York based web design firm, to redesign and market the site
in return for a 19% equity interest in ChinaUSPals.com, Inc., the site’s holding
company.  As a part of the agreement, Kent International will be
responsible for the costs of marketing the site until revenue is
generated.  The redesigned site was launched on August 6,
2008.  Since then, site membership has grown to over 4,000 members
from the approximately 150 members prior to the redesign.


8
 Table of Contents


While we
are encouraged by the membership and traffic growth since the redesign, we
cannot be certain that the growth rate will continue or that existing members
will continue using the site.  We also face the risk that our website
will not be viewable in China or will be deliberately blocked by the government
of the People’s Republic of China.  Internet usage and content are
heavily regulated in China and compliance with these laws and regulations may
cause us to change or limit our business practices in a manner adverse to our
business.





The
Company does not expect that these activities will generate any significant
revenues for an indefinite period as these efforts are in their early
stages.  As a result, these programs may produce significant losses
until such time as meaningful revenues are achieved.





Results
of Operations





Kent
International had a net loss of $106,587, or $.03 basic and fully diluted loss
per share, for the quarter ended March 31, 2009 compared to a net loss of
$29,645, or $0.01 basic and fully diluted income per share, for the same period
of 2008.  The increase in the net loss was a result of a decrease in
interest revenue on short-term investments and cash on deposit.





Revenues





Interest
revenue decreased to $5,763 for the three months ended March 31, 2009, from
$83,516 for the three months ended March 31, 2008.  A decrease in the
yield on short-term investments and cash equivalents from 3.2% to 0.2% was the
primary reason for the decrease.





Expenses





General
and administrative expenses were $112,350 in the three months ended March 31,
2009 compared to $113,161 in the three months ended March 31, 2008, a decrease
of $811.





Liquidity
and Capital Resources





At March
31, 2009, the Company had cash and cash equivalents of $194,367.  Cash
and cash equivalents consist of cash held in banks and brokerage
firms.  The Company had short-term investments, consisting of U.S.
Treasury Bills with original maturities of six months, of approximately $10.1
million at March 31, 2009.  Working capital at March 31, 2009 was
approximately $10.356 million.  Management believes its cash, cash
equivalents and short-term investments are sufficient for its operations for at
least the next twelve months and for the costs of seeking an acquisition of or
starting an operating business.


9
 Table of Contents


Net cash
of $96,513 was used in operations for the three months ended March 31, 2009, an
increase of $2,930 from the $93,583 used in operations for the three months
ended March 31, 2008.  Net cash used in operations for the periods was
the result of the net losses for the periods coupled with the changes in
operating assets and liabilities.  The increase in net cash used in
operations was largely the result of the timing of payments for accounts payable
and not an indication of decreasing expenses.





There
were no cash flows from investing activities reported during the three months
ended March 31, 2009.  Net cash of $98,430 was provided by investing
activities during the three months ended March 31, 2008 by the sales of
short-term investments.





There
were no cash flows from financing activities reported during the three month
periods ending March 31, 2009 and 2009.





Factors
That May Affect Future Results





Future
earnings of the Company are dependent on interest rates earned on the Company’s
invested balances and expenses incurred.  Kent International expects
to incur significant expenses in connection with its objective of redeploying
its assets into an operating business and with the operation of the
website.





Other
Disclosures – Related Party Transactions





A monthly
management fee of $21,000 is paid to Kent Financial Services, Inc. (“Kent”), a
Nevada corporation, for management services.  These services include,
among other things, periodic and other filings with the Securities and Exchange
Commission, evaluating merger and acquisition proposals, internal accounting and
shareholder relations.  This arrangement may be terminated at will by
either party.  Kent was the beneficial owner of approximately 53.44%
of the Company’s outstanding common stock at March 31, 2009.  Paul O.
Koether, Chairman of the Company is also the Chairman of Kent and the beneficial
owner of approximately 59.11% of Kent’s outstanding common
stock.  Bryan P. Healey, Chief Financial Officer and Director of the
Company is also the Chief Financial Officer and Director of Kent as well as the
son-in-law of Paul O. Koether.





Contractual
Obligations





The
Company has no material contractual obligations.





Other
Disclosures





The
Government of Changsha, the capital of the Hunan Province in the People’s
Republic of China selected the Company to act as their non-exclusive
representative in the United States in the search for and the implementation of
joint ventures, technology licensing, and acquisition of US companies in the
fields of construction materials, engineering, architecture and equipment,
specifically in brick manufacturing  The Company would be entitled to
a fee at closing if the Government of Changsha closes a transaction that was
initiated by the Company.


10
 Table of Contents


Off-Balance
Sheet Arrangements





The
Company has no off-balance sheet arrangements.





ITEM
      3.
            Quantitative and
      Qualitative Disclosure About Market
Risk.





Not
Applicable.





ITEM
      4.
            Controls and
      Procedures





As of the
end of the period covered by this report, the Company carried out, under the
supervision and with the participation of the Company’s management, including
its Chief Executive Officer and Chief Financial Officer, an evaluation of the
effectiveness of the design and operation of the Company’s disclosure controls
and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Securities
Exchange Act of 1934) in ensuring that information required to be disclosed by
the Company in its reports is recorded, processed, summarized and reported
within the required time periods.  In carrying out that evaluation,
management identified a material weakness (as defined in Public Company
Accounting Oversight Board Standard No. 2) in our internal control over
financial reporting.





The
material weakness identified by Management consisted of inadequate staffing and
supervision within the bookkeeping and accounting operations of our
company.  The relatively small number of employees who have
bookkeeping and accounting functions prevents us from segregating duties within
our internal control system.  The inadequate segregation of duties is
a weakness because it could lead to the untimely identification and resolution
of accounting and disclosure matters or could lead to a failure to perform
timely and effective reviews.  However, as there has been no instance
in which the company failed to identify or resolve a disclosure matter or failed
to perform a timely and effective review, management determined that the
addition of personnel to our bookkeeping and accounting operations is not an
efficient use of our resources at this time.





Accordingly,
based on their evaluation of our disclosure controls and procedures as of March
31, 2009, the Company’s Chief Executive Officer and its Chief Financial Officer
have concluded that, as of that date, the Company’s controls and procedures were
not effective for the purposes described above.





There was
no change in the Company’s internal control over financial reporting (as defined
in Rule 13a-15(f) and 15d-15(f) under the Securities Exchange Act of 1934)
during the quarter ended March 31, 2009 that has materially affected or is
reasonably likely to materially affect the Company’s internal control over
financial reporting.





PART
      II.
            OTHER
      INFORMATION


ITEM
      1.
            Legal
      Proceedings





None.





ITEM
      1A.
            Risk
      Factors





Not
Applicable


11
 Table of Contents


ITEM
      2.
            Unregistered Sale of
      Equity Securities and Use of
Proceeds





None.





ITEM
      3.
            Defaults Upon Senior
      Securities





None.





ITEM
      4.
            Submission of Matters
      to a Vote of Security
Holders





None.





ITEM
      5.
            Other
      Information





None.





ITEM
      6.
            Exhibits





3.1
              Articles of Incorporation of Kent International Holdings, Inc. (1)





3.2
              Bylaws of Kent International Holdings, Inc. (1)





3.3
              Certificate of Designation for Series A Junior Participating Preferred
      Stock. (2)





31.1
              Certification pursuant to Section 302 of the Sarbanes-Oxley Act of
      2002*





31.2
              Certification pursuant to Section 302 of the Sarbanes-Oxley Act of
      2002*





32
              Certification pursuant to Section 906 of the Sarbanes-Oxley Act of
      2002*





(1)
            Filed
      as an exhibit to the Company’s Definitive Information Statement on Form
      DEF 14C filed April 21, 2006, film number 06771307, and incorporated
      herein by reference.





(2)
            Filed
      as an exhibit to the Company’s annual report on Form 10-K for the year
      ended December 31, 1995, and incorporated herein by
    reference.





*
            Filed
      Herewith


12
 Table of Contents


SIGNATURES





Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.





KENT
      INTERNATIONAL HOLDINGS, INC.Date:
      April 30, 2009
              By:
              /s/ Bryan P. HealeyBryan
      P. HealeyChief
      Financial Officer(Principal
      Accounting and Financial Officer)





13