UNITEDSTATES

SECURITIESAND EXCHANGE COMMISSION

Washington,D.C. 20549

 

 

 

FORM10-QSB

QuarterlyReport Under Section 13 or 15(d)

of theSecurities Exchange Act of 1934.

 

 

 

| For the quarterly      period ended **June 30, 2004**  
Commission      file number **333-72230**** 

ROYALPHOENIX**
(Exactname of small business issuer as specified in its charter)

 

 

**Nevada**  
 **88-0475757**
(State      or other jurisdiction of  
 (I.R.S.      Employer
incorporation      or organization)  
 Identification      No.)
 
**2950 E.      Flamingo Rd. Suite B-A2**
**Las Vegas,      Nevada** 
** 89121**
(Address of      principal executive offices)  
 (zip      code)
 
**(702)866-5835**
(Issuer'stelephone number)

 

       Check whether the issuer (1) filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file suchreports), and (2) has been subject to such filing requirements for the past 90days.

 

   Yes   X      No       

 

       As of June 30, 2004 there were 9,615,000 shares of common stock outstanding.

 

       Transitional Small Business Disclosure Format (check one)

 

   Yes            No  X  

 

 

ROYALPHOENIX

JUNE 30,2004

 

INDEX

 

PART I -      FINANCIAL INFORMATION  
 Page      No.(s)
 

Item      1.  
Financial      Statements
  
Balance Sheet as      of June 30, 2004 and December 31, 2003  
 1
  
Statement of      Operations for the three and six ended June 30, 2004 and 2003  
 2
  
Statement of Cash      Flows for the six months ended June 30, 2004 and 2003  
 3
  
Notes to      Unaudited Financial Statements  
 4
Item      2.  
Plan of      Operation  
 5-11
Item      3.  
Controls and      Procedures  
 11
 

PART II - OTHERINFORMATION

 

Item      1.  
Legal      Proceedings  
 11
Item      2.  
Changes in      Securities  
 12
Item      3.  
Defaults Upon      Senior Securities  
 12
Item      4.  
Submission of      Matters to a Vote of Security Holders  
 12
Item      5.  
Other      Information  
 12
Item      6.  
Exhibits and      Reports on Form 8-K  
 12
SIGNATURES  
  
 13
 

 

 
**ROYALPHOENIX

(aDevelopment Stage Company)

BALANCESHEETS

 

PART I -FINANCIAL INFORMATION

 

Item 1. FinancialStatements**** 

June      30, 2004

(unaudited)** 

December      31, 2003

(audited)**ASSETS
CURRENT ASSETS
          Cash
$                           18,101
$                           23,351
          TOTAL CURRENT ASSETS
18,101
23,351
$                           18,101
$                           23,351**LIABILITIES AND      STOCKHOLDERS' EQUITY
 

CURRENT      LIABILITIES
        Notes Payable
$                                    0
$                                         0
 

           TOTAL CURRENT LIABILITIES
0
0
 

STOCKHOLDERS'      EQUITY
 

Preferred        stock, $.001 par value authorized 5,000,000; no shares issued and        outstanding as of 6/30/04 and 12/31/03      
 

0
 

0
Common stock,        $.001 par value, authorized 20,000,000 shares; 9,615,000 shares issued        and outstanding as of 6/30/04 and 12/31/03      
 

 

9,615
 

 

9,615
Additional      paid-in capital
38,185
38,185
(Deficit)      accumulated during development stage
(29,699)
(24,449)
          TOTAL STOCKHOLDER'S EQUITY
18,101
23,351
$                           18,101
$                           23,351** 

Theaccompanying notes are an integral part of these financial statements.

 **
1
** 

ROYALPHOENIX

(aDevelopment Stage Company)

STATEMENTSOF OPERATIONS

UNAUDITED

 **
 

Three      Months Ended

June      30,

2004
 

Three      Months Ended

June      30,

2003
 

Six      Months Ended

June      30,

2004
 

Six      Months Ended

June      30,

2003
       
For      the Period October 17, 2000, (Inception) to June 30, 2004
Revenue
$                         0
$                              0
$                         0
 $                          0
$                              0
 

 

 

 

 

EXPENSES
General and      Administrative
750
500
5,250
2,500
29,699
TOTAL EXPENSES
750
500
5,250
2,500
29,699
NET (LOSS)
$                    (750)
$                    (500)
$                (5,250)
$                  (2,500)
$                       (29,699)
Weighted average      number of common shares outstanding basic and fully diluted
 

 

9,615,000
 

 

9,600,000
 

 

9,615,000
 

       
9,600,000
Net (loss) per      weighted shares-basic and fully diluted
 

$                   (0.00)
 

$                   (0.00)
 

$                  (0.00)
 

$                         (0.00)** 

 

Theaccompanying notes are an integral part of these financial statements.**
 

2

 
**ROYALPHOENIX

(aDevelopment Stage Company)

STATEMENTSOF CASH FLOWS

UNAUDITED**
 

 

 

Six      Months Ended

June      30,

2004
 

Six      Months Ended

June      30,

2003
       
For      the Period October 17, 2000, (Inception) to June 30, 2004
 

 

 

 

Cash Flows from
 

 

 

Operating      Activities
 

 

 

   Net      loss
$                     (5,250)
$                  (2,500)
$                     (29,699)
        Shares issued for services
0
0
7,500
 

Adjustment to      reconcile net loss to net cash used by operations
 0

 0

 0

Note Payable
0
1,500
0
 

 

 

 

Net cash used in      operating activities
(5,250)
(1,000)
(22,199)
 

 

 

 

Cash Flows from      Investing Activities
0
0
0
 

 

 

 

Cash Flows from      Financing Activities
  Converted      Note Payable to Equity
0
0
1,500
        Issuance of common stock
0
25,000
38,800
 

 

 

 

Net increase in      cash
(5,250)
24,000
18,101
 

 

 

 

Cash, beginning      of period
23,351
1,351
0
Cash, end of      period
$                      18,101
$                   25,351
$                        18,101
 

Supplemental      Disclosure
  Interest      Paid
$                                  0
$                               0
$                                    0
  Taxes Paid
$                               0
$                            0
$                                 0
 

 
**Theaccompanying notes are an integral part of these financial statements.

 **
3
** 

ROYALPHOENIX

(ADevelopment Stage Company)

NOTES TOFINANCIAL STATEMENTS

 

Note 1- Basis of Presentation**
 

Thecondensed interim financial statements included herein, presented in accordancewith United States generally accepted accounting principles and stated in USdollars, have been prepared by the Company, without audit, pursuant to the rulesand regulations of the Securities and Exchange Commission. Certain informationand footnote disclosures normally included in financial statements prepared inaccordance with generally accepted accounting principles have been condensed oromitted pursuant to such rules and regulations, although the Company believesthat the disclosures are adequate to make the information presented notmisleading.

 

Thesestatements reflect all adjustments, consisting of normal recurring adjustments,which in the opinion of management, are necessary for fair presentation of theinformation contained therein. It is suggested that these condensed interimfinancial statements be read in conjunction with the financial statements of theCompany for the year ended December 31, 2003 and notes thereto included in theCompany's 10-KSB annual report. The Company follows the same accounting policiesin the preparation of interim reports.

 

Resultsof operation for the interim period are not indicative of annual results.

 
**Note 2- Going concern**
 

Theaccompanying financial statements have been prepared assuming that the Companywill continue as a going concern which contemplates the recoverability of assetsand the satisfaction of liabilities in the normal course of business. As notedabove, the Company is in the development stage and, accordingly, has not yetgenerated revenues from operations. Since its inception, the Company has beenengaged substantially in financing activities and developing its product line,setting up its e-commerce website, and incurring substantial costs and expenses.As a result, the Company incurred accumulated net losses from October 17, 2000(inception) through the period ended June 30, 2004 of $29,699. In addition, theCompany's development activities since inception have been financially sustainedthrough equity financing.

 

Theability of the Company to continue as a going concern is dependent upon itsability to raise additional capital from the sale of common stock and,ultimately, the achievement of significant operating revenues. The accompanyingfinancial statements do not include any adjustments that might be requiredshould the Company be unable to recover the value of its assets or satisfy itsliabilities.
** 

Note 3- Related party transactions**
 

Theofficer and director of the Company is involved in other business activities andmay in the future, become involved in other business opportunities. If aspecific business opportunity becomes available, such person may face a conflictin selecting between the Company and its other business interests. The Companyhas not formulated a policy for the resolution of such conflicts.

 

4

 
**Item 2.Plan of Operation.

 **
           This report contains forward-looking statements. Actual results and events coulddiffer materially from those projected, anticipated, or implicit, in theforward-looking statements as a result of the risk factors set forth below andelsewhere in this report.

 

           With the exception of historical matters, the matters discussed herein areforward-looking statements that involve risks and uncertainties. Forward-lookingstatements include, but are not limited to, statements concerning anticipatedtrends in revenues and net income, the date of introduction or completion of ourproducts, projections concerning operations and available cash flow. Our actualresults could differ materially from the results discussed in suchforward-looking statements primarily as the result of insufficient cash topursue production and marketing efforts. The following discussion of ourfinancial condition and results of operations should be read in conjunction withour financial statements and the related notes thereto appearing elsewhereherein.
** 

Overview**
 

           Royal Phoenix, which was incorporated in Nevada in October 2000, is aDevelopment Stage Company, engaged in the business of marketing and distributingRoyal Phoenix, a line of herbal products. The Royal Phoenix herbal product linewas developed by Desert Health Products several years ago, however, the productline, after development, was not marketed.

 

           We have a limited operating history and have not generated revenues from thesale of any products. Our company and products are the result of an agreement,which was entered into between Royal Phoenix and Desert Health Products, whichresulted in the separation from Desert Health Products of the Royal Phoenix lineof herbal products developed by Desert Health Products. Our activities have beenlimited to the negotiation of a license agreement and preliminary marketanalysis, capital raising and placing the Company in a position of raisingadditional capital once the Company's securities are quoted. Consequently, wehave incurred the expenses of start-up. Future operating results will depend onmany factors, including our ability to raise adequate working capital, demandfor our products, the level of competition and our ability to deliver productswhile maintaining quality and controlling costs. As a result of our lack ofliabilities, and limited operations our current cash position allows us tomaintain a status quo position for a period of approximately six months.However; this position will not allow us to pursue any significant businessopportunity.
** 

Plan ofOperation

 **
           Initially, Royal Phoenix commenced operations as a division of a vitamincompany, which ultimately spun from the parent. Since this occurred near 9/11,and the middle of a down market, the business plan of Royal Phoenix initiallystalled, then we chose to move forward with the small amount of capital weacquired through private placements and our SEC registration. What we haveachieved with the small amount of capital is the development of what we believeto be a fairly unique business model combining the information and technologyexplosion currently happening in the dietary supplement and nutraceuticalindustries with the need for information and products for health and wellness.There are several phases of our business model based upon anticipated capitalcommitments and the actual receipt of capital. Based upon our receipt ofcapital, certain Milestones will be triggered.

 

5 

            

           We have suffered start-up losses and have limited working capital, which raisessubstantial concern regarding our ability to continue as a going concern.

 

           During the next 12 months we plan to re-assess our business plan, andalternatively seek out other business opportunities. As a result of our lack ofrevenue generation, we have not been satisfied with our business plan ororiginal plan of operation. In an effort to substantiate stockholder value, weare seeking compatible business opportunities. We can provide no assurance thatwe will be able to locate compatible business opportunities.

 
***           Satisfaction of our cash obligations for the next 12 months. Our plan ofoperation is to establish an operational website as soon as practical. Whenhaving established our website as operational, and raising funds under our Planof Operation, we are to commence advertising through selected Internet banneradvertising.

 
***           Summary of any product research and development that we will perform for theterm of the plan. We do not anticipate performing any significantproduct research and development under our plan of operation. In lieu of productresearch and development we anticipate maintaining control over our advertising,especially on the Internet, to assist us in determining the allocation of ourlimited advertising dollars.
*** 

           Expected purchase or sale of plant and significant equipment. We do notanticipate the purchase or sale of any plant or significant equipment, as suchitems are not required by us at this time or in the next 12 months.
*** 

           Significant changes in number of employees. The number of employeesrequired to operate our business is currently one part time individual. After wecommence generating revenues based upon the expenditures of our advertisingdollars, and word of mouth advertising, and at the end of the initial 12 monthperiod, our plan of operation anticipates our requiring additional capital tohire at least one full time person.

 
**Liquidity and CapitalResources**
 

           Since inception, we have financed our cash flow requirements through theissuance of common stock which has resulted in our receipt of $38,500. As weexpand our activities, we may continue to experience net negative cash flowsfrom operations, pending receipt of sales revenues. Additionally we anticipateobtaining additional financing to fund operations through common stock offeringsand bank borrowings, to the extent available, or to obtain additional financingto the extent necessary to augment our working capital.

 

           Over the next twelve months we believe that existing capital and anticipatedfunds from operations will be sufficient to sustain operations and plannedexpansion. However, in order to expand our business operations we will berequired to seek additional capital in the future to fund growth and expansionthrough additional equity or debt financing or credit facilities. No assurancecan be made that such financing would be available, and if available it may takeeither the form of debt or equity. In either case, the financing could have anegative impact on our financial condition and our Stockholders.

 

 6

 

           We anticipate incurring operating losses over the next twelve months. Our lackof operating history makes predictions of future operating results difficult toascertain. Our prospects must be considered in light of the risks, expenses anddifficulties frequently encountered by companies in their early stage ofdevelopment. Such risks include, but are not limited to, an evolving andunpredictable business model and the management of growth. To address theserisks we must, among other things, obtain a customer base, implement andsuccessfully execute our business and marketing strategy, continue to developand upgrade technology and products, respond to competitive developments, andattract, retain and motivate qualified personnel. There can be no assurance thatwe will be successful in addressing such risks, and the failure to do so canhave a material adverse effect on our business prospects, financial conditionand results of operations.

 
**Off-Balance SheetArrangements

 **
We donot have any off-balance sheet arrangements that have or are reasonably likelyto have a current or future effect on our financial condition, changes infinancial condition, revenues or expenses, results or operations, liquidity,capital expenditures or capital resources that is material to investors.

 
**FACTORSTHAT MAY AFFECT OUR PLAN OF OPERATION**
 
***We area development stage company, recently organized and have minimal operatinghistory, which raises substantial doubt as to our ability to successfullydevelop profitable business operations.***
 

           We were incorporated in October of 2000 as a wholly owned subsidiary of DesertHealth Products. Concurrent with formation it was determined to separate RoyalPhoenix from Desert Health Products. As a result of our recent start up, RoyalPhoenix has yet to generate revenues from operations and has been focused onorganizational, start-up, and market analysis activities since we incorporated.Although we have products to market as a result of our license with DesertHealth Products, there is nothing at this time on which to base an assumptionthat our business operations will prove to be successful or that we will ever beable to operate profitably.

 
***At thisstage of our business operations, even with our good faith efforts, potentialinvestors have a high probability of losing their investment.***
 

           Because the nature of our business is expected to change as a result of shiftsin the market, competition, and the development of new and improved technology,management forecasts are not necessarily indicative of future operations andshould not be relied upon as an indication of future performance.

 

 7

 

           While Management believes its estimates of projected occurrences and events arewithin the timetable of its business plan, our actual results may differsubstantially from those that are currently anticipated.

 
***Becauseour common stock is deemed a low-priced "Penny" stock, an investmentin our common stock should be considered high risk and subject to marketabilityrestrictions.

 ***
           Since our common stock is a penny stock, as defined in Rule 3a51-1 under theSecurities Exchange Act, it will be more difficult for investors to liquidatetheir investment even if and when a market develops for the common stock. Untilthe trading price of the common stock rises above $5.00 per share, if ever,trading in the common stock is subject to the penny stock rules of theSecurities Exchange Act specified in rules 15g-1 through 15g-10. Those rulesrequire broker-dealers, before effecting transactions in any penny stock, to:
-  Deliver      to the customer, and obtain a written receipt for, a disclosure document;Disclose      certain price information about the stock;Disclose      the amount of compensation received by the broker-dealer or any associated      person of the  broker-dealer;Send      monthly statements to customers with market and price information about      the penny stock; andIn      some circumstances, approve the purchaser's account under certain      standards and deliver written statements to the customer with information      specified in the rules.
           Consequently, the penny stock rules may restrict the ability or willingness ofbroker-dealers to sell the common stock and may affect the ability of holders tosell their common stock in the secondary market and the price at which suchholders can sell any such securities. These additional procedures could alsolimit our ability to raise additional capital in the future.

 
***We willneed additional capital in the future to finance our planned growth, which wemay not be able to raise or it may only be available on terms unfavorable to usor our stockholders, which may result in our inability to fund our workingcapital requirements and harm our operational results.***
 

           We have and expect to continue to have substantial capital expenditure andworking capital needs. We believe that current cash on hand and the othersources of liquidity are only sufficient enough to fund our operations throughDecember 31, 2004. After that time we will need to raise additional funds tofund our operations, and implement our growth strategy, or to respond tocompetitive pressures and/or perceived opportunities.

 

           If operating difficulties or other factors, many of which are beyond ourcontrol, cause our revenues or cash flows from operations, if any, to decrease,we may be limited in our ability to spend the capital necessary to complete ourdevelopment, exploitation and exploration programs. If our resources or cashflows do not rapidly commence, we will require additional financing, in additionto anticipated cash generated from our operations, to fund our planned growth.

 

8

 

           Additional financing might not be available on terms favorable to us, or at all.If adequate funds were not available or were not available on acceptable terms,our ability to fund our operations, take advantage of unanticipatedopportunities, develop or enhance our business or otherwise respond tocompetitive pressures would be significantly limited.

 

           If we raise additional funds through the issuance of equity or convertible debtsecurities, the percentage ownership of our stockholders would be reduced, andthese newly issued securities might have rights, preferences or privilegessenior to those of existing stockholders.

 
***We aresignificantly dependent on our sole officer and director, who has limitedexperience. The loss or unavailability to Royal Phoenix of Mr. Wilson's serviceswould have an adverse effect on our business, operations and prospects.***
 

           Our business plan is significantly dependent upon the abilities and continuedparticipation of Joseph Scott Wilson, our sole officer and director. AlthoughMr. Wilson is not irreplaceable it would be difficult to replace Mr. Wilson atsuch an early stage of development of Royal Phoenix. The loss by orunavailability to Royal Phoenix of Mr. Wilson's services would have an adverseeffect on our business, operations and prospects. There can be no assurance thatwe would be able to locate or employ personnel to replace Mr. Wilson, should hisservices be discontinued. In the event that we are unable to locate or employpersonnel to replace Mr. Wilson, then, in that event we would be required tocease pursuing our business opportunity, which could result in a loss of yourinvestment.

 
***Mr.Wilson is involved with other businesses and there can be no assurance that hewill continue to provide services to us. Mr. Wilson's limited time devotion toRoyal Phoenix could have an adverse effect on our operations.***
 

           As compared to many other public companies, we do not have the depth ofmanagerial or technical personnel. Mr. Wilson is involved with other businessesand there can be no assurance that he will continue to provide services to us.Mr. Wilson will devote only a portion, less than 10 hours per month, of his timeto our activities. As our sole officer and director, decisions are made at hissole discretion and not as a result of compromise or vote by members of a board.

 
***We maynever become profitable or sell any of our herbal products.***
 

           We have had no revenue since our incorporation in October 2000. We have yet toundertake the sale of our herbal products or develop our website. As a result ofmarket conditions we have delayed the commencement of business operations untilour stock became quoted on the OTC:BB. Even after we commence distribution ofour product there is no guarantee that we will become profitable. Our industryis highly competitive and there is no guarantee that we will be able to securethe business of our target buyers.

 
***Ourauditor's report reflects the fact that without realization of additionalcapital, it would be unlikely for us to continue as a going concern.

 

 9
******
 

           As a result of our deficiency in working capital at December 31, 2003 and otherfactors, our auditors have included a paragraph in their report regardingsubstantial doubt about our ability to continue as a going concern. Our plans inthis regard are to seek additional funding through this offering and futureequity private placements or debt facilities.
*** *
GoingConcern

 **
           The financial statements included in this filing have been prepared inconformity with generally accepted accounting principles that contemplate thecontinuance of the Company as a going concern. The Company's cash position maybe inadequate to pay all of the costs associated with testing, production andmarketing of products. Management intends to use borrowings and security salesto mitigate the effects of its cash position, however no assurance can be giventhat debt or equity financing, if and when required will be available. Thefinancial statements do not include any adjustments relating to therecoverability and classification of recorded assets and classification ofliabilities that might be necessary should the Company be unable to continueexistence.

 
**Item 3.Controls and Procedures

 **
           We are a development stage company with no revenues and during the periodcovered by this quarterly report, our board of directors had responsibility forour internal controls and procedures over our financial reporting.

 

           We have implemented and maintain disclosure controls and procedures whichconsist of: the control environment, risk assessment, control activities,information and communication and monitoring. Our scope of internal controltherefore extends to policies, plans procedures, processes, systems, activities,initiatives, and endeavors required of a company with our limited transactions,expenses, and operations. These controls and procedures are designed to ensurethat the information required to be disclosed in our Exchange Act reports isrecorded, processed, summarized and reported within the time periods specifiedin the SEC's rules.

 

           There have been no significant changes (including corrective actions with regardto significant deficiencies or material weaknesses) in our internal controls orin other factors that could significantly affect the controls subsequent to thedate of the evaluation referenced below.

 

           Within 90 days prior to the date of this report, we carried out an evaluation,under the supervision of Joseph Scott Wilson, our President, of theeffectiveness of the design and operation of the Company's disclosure controlsand procedures. Based on the foregoing, Mr. Wilson concluded that, given theCompany's limited operations, our disclosure controls and procedures wereeffective.

 

 10

 
**PART II--OTHERINFORMATION

 

Item1.      Legal Proceedings.

 **
         None

 
**Item2.      Changes in Securities.

 

Use of Proceeds FromSales of Registered Securities**
 

           Our Registration Statement on Form SB- 2 (File No. 333-72230), related to ourinitial public offering, was declared effective by the SEC on December 30, 2002.A total of 250,000 shares of our Common Stock was registered with the SEC withan aggregate offering price of $25,000. All of these shares were registered onour behalf. The offering commenced in June 2003, and all shares of common stockoffered were sold for the aggregate offering price directly by the Company withno commissions paid on funds raised.

 

           We incurred offering expenses of approximately $6,000 in connection with theoffering. Thus the net offering proceeds to us (after deducting offeringexpenses) were approximately $19,000. No offering expenses were paid directly orindirectly to any of our directors or officers (or their associates), personsowning ten percent (10%) or more of any class of our equity securities or to anyother affiliates.

 

           As of June 30, 2004, $4,000 of the net proceeds had been used for legal,accounting and transfer agent expenses. The remaining $15,000 of the netproceeds are in our operating account pending future use.

 
**Item3.      Defaults Upon Senior Securities.

 **
         None.

 
**Item4.      Submission of Matter to a Vote of SecurityHolders.

 **
         None

 
**Item5.      Other Information.

 **
         None

 
**Item6.      Exhibits and Reports on Form 8-K.**
 

         Ex-31 - Certification pursuant to Section 302 of the Sarbanes-Oxley Act

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

 

11

 
**SIGNATURES**
 

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

 
**ROYAL PHOENIX**
 

 

By: /s/ Joseph ScottWilson, President

     Joseph Scott Wilson, President

     (On behalf of the registrant and as

     principal accounting officer)

 

Date: August 13, 2004*********************** |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|