----

| OMB APPROVALOMB Number: 3235-0420Expires: April 30, 2009Estimated average burden    hours per response: 1646 **UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549****FORM 10-KSB**
(Mark One) 
:ANNUAL REPORT UNDER SECTION 13 OR   15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 **For the fiscal period ended December 31, 2007  
9
TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE   EXCHANGE ACT 
For the transition period from ________to _______  
Commission File Number: **000-49768**
 
  **PREFERENTIAL EQUITIES CORP.    
(Name of small business issuer in its charter)           **Nevada  **91-2015980   
(State of other jurisdiction of incorporation or   organization)  
(I.R.S. Employer I.D. No.)          **P.O. Box 741, Bellevue, WA **98009  
(Address of principal executive offices) 
(Zip Code)          
Issuer's telephone number **(425) 453-0355** 
Securities Registered under Section 12(b) of the Exchange Act: **None**

Securities Registered pursuant to Section 12(g) of the Act:****
Title of each class
Name of each exchange on which registered**Common Stock $0.001 par value per share**NOT APPLICABLE****
Check whether the issuer is not required to file reports pursuant to Section13 or 15(d) of the Exchange Act 9
Check whether the Registrant (1) filed all reports required to be filed bySection 13 or 15(d) of the Exchange Act during the past 12 months (or for suchshorter 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 9    No
 

i

 Check if there is no disclosure of delinquent filers pursuant to Item 405 ofRegulation S-K (229.405 of this chapter) contained herein, and no disclosurewill be contained, to the best of the Registrant's knowledge, in definitiveproxy or information statements incorporated by reference in Part III of thisForm 10-KSB or any amendment to this Form 10-KSB. :

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

: Yes    9 No
State Registrant's revenues for its most recent fiscal year: **$0**
State the aggregate market value of the voting and non-voting common equityheld by non-affiliates computed by reference to the price at which the commonequity was sold, or the average bid and asked prices of such common equity, asof a specified date within the past 60 days: 
**N/A****(ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS)**
Check whether the Registrant has filed all documents and reports required tobe filed by Section 12, 13 or 15(d) of the Exchange Act after the distributionof securities under a plan confirmed by a court. **N/A**
Yes 9 No    9**(APPLICABLE ONLY TO CORPORATE REGISTRANTS)**
State the number of shares outstanding of each of the Registrant's classes ofcommon stock, as of the latest practicable date.

5,000,000 common shares issued and outstanding as of December 31, 2006.

 
**DOCUMENTS INCORPORATED BY REFERENCE****None.**
Transitional Small Business Disclosure Format (Check one): 

Yes 9 No    :

ii
**Table of Contents**
FORWARD LOOKING INFORMATION
1
PARTI
1 Item 1. Description of Business1 
Formation
1  Our   Business1  Employees4  Reports to Securities Holders4  RiskFactors4 Item 2. Description of Property6 Item 3. Legal Proceedings6 
Item 4. Submissions of Matters to aVote of Security Holders
6PARTII7 Item 5. Market for Common Equity and Related Stockholder   Matters7  General7  
Dividend Policy
7  
NoEquity Compensation Plan
7  
Recent Sales of UnregisteredSecurities
7 Item 6. Management Discussion andAnalysis or Plan of Operations7  
2007 Business Environment
7  Plan of Operations7 
Item 7. Financial Statements
9 
Item 8. Changes In and Disagreementswith Accountants on Accounting and Financial Disclosure
20 
Item 8A. Controls and Procedures
20 
Item 8A(T) – Controls   and Procedures
21 Item 8B. Other Information21PARTIII21 Item 9. Directors and Executive Officers, Promoters, Control   Persons, and Corporate Governance; Compliance with Section 16(a) of the   Exchange Act21  Identification of Directors andExecutive Officers21  Background of Officers and Directors21     Significant Employees21  Involvement in   Certain Legal Proceedings21     Family Relationships22  
Audit Committee Financial Expert
22     Compliance with Section 16(a) of the Securities Exchange Act of 193422  Code of Ethics22 Item 10. Executive Compensation23  Summary Compensation of ExecutiveOfficers23  Compensation of Directors23  EmploymentContracts and Termination of Employment or Change of Control23  
Equity Compensation Plan
23 Item 11.   Security Ownership of Certain Beneficial Owners and Management and Related   Stockholder Matters24  PrincipleStockholders24  Equity Compensation Plan24     Changes in Control24 Item 12.   Certain Relationships and Related Transactions, and Director Independence24  
Certain Relationships and Related Transactions
24  Director Independence24PART IV25 Item 13.   Exhibits, Financial Statement Schedules, and Reports on Form 8-K25    
iii
    Item 14. Principal Accountant Fees and Services25   SIGNATURES26
 

iv
******FORWARD LOOKING INFORMATION**
This annual report contains forward-looking statementsas that term is defined in the Private Securities Litigation Reform Act of1995.  These statements relate tofuture events or our future financial performance.  In some cases, you can identifyforward-looking statements by terminology such as "may","will", "should", "expects", "plans","anticipates", "believes", "estimates","predicts", "potential" or "continue" or thenegative of these terms or other comparable terminology.  These statements are only predictionsand involve known and unknown risks, uncertainties and other factors, includingthe risks in the section entitled "Risk Factors", that may cause ouror our industry's actual results, levels of activity, performance orachievements to be materially different from any future results, levels ofactivity, performance or achievements expressed or implied by theseforward-looking statements.

Although we believe that the expectations reflected inthe forward-looking statements are reasonable, we cannot guarantee futureresults, levels of activity, performance or achievements.  Except as required by applicable law,including the securities laws of the United States, we do not intend to updateany of the forward-looking statements to conform these statements to actualresults.
**PART I**
**Item 1.Description of Business.**

***Formation**.***

PreferentialEquities Corp. ("**Preferential**"),was incorporated on October 2, 2006 in the State of Nevada, to engage in anylawful corporate undertaking, including, but not limited to, selected mergersand acquisitions.  Pursuant to theArticles of Incorporation, Preferential is authorized to issue 100,000,000shares of Common Stock at $0.001 par value. Each holder of the Common Stockshall be entitled to one vote for each share of Common Stock held. As of March28, 2008, there are 5,000,000 shares of Common Stock outstanding.
***Our Business**.*****Preferential has been in the developmentalstage since inception and has no operations to date. Other than issuing sharesto its shareholders, Preferential never commenced any operational activities.As such, Preferential can be defined as a "shell" or "blankcheck" company, whose sole purpose at this time is to locate andconsummate a merger or acquisition with a private entity. The Board ofDirectors of Preferential has elected to commence implementation of Preferential's principal business purpose.****Preferential is filing this registrationstatement on a voluntary basis because the primary attraction of Preferentialas a merger partner or acquisition vehicle will be its status as a reportingpublic company. Any business combination or transaction may potentially resultin a significant issuance of shares and substantial dilution to presentstockholders of Preferential.**The proposed business activities describedherein classify Preferential as a "blank check" company. Manystates have enacted statutes, rules and regulations limiting the sale ofsecurities of "blank check" companies in their respectivejurisdictions.  Harry Miller, theprimary shareholder of Preferential, has expressed his intention that he has noplan to sell his respective shares of Preferential's common stock until suchtime as Preferential has successfully consummated a merger or acquisition andPreferential is no longer classified as a "blank check" company,and he has also expressed his intention not to sell his shares unless the sharesare subsequently registered or if an exemption from registration is available.**Competition.**
We will compete withother blank check companies that have a business objective similar toours.  Some of our competitors arethe remains of failed or discontinued businesses.  As failed or discontinued businesses,these blank check companies have ceased their day-to-day operations but havemaintained their public corporate structure.  Some of our competitors are blank checkcompanies that publicly distributed shares under Rule 419 of the *Securities Exchange Act of 1934.* Some of our competitors file reports withthe Securities and Exchange Commission, and some do not.  Some of our competitors have securitiesthat trade in the over-the-counter securities markets, and some do not.

1

We believe that theprincipal competitive factors in our business may be summarized as follows:

**Speed in Completing**        Blankcheck companies that are able to consummate merger or 

** Transaction**                        acquisitiontransactions quickly are more attractive to owners of privately-held companiesthan those blank check companies that must move more slowly to consummate atransaction.

**Control Status**                     Blankcheck companies that can offer a controlling interest to the owners of aprivately-held company are more attractive than blank check companies thatcannot implement a change in control.

**Trading Status**                    Blankcheck companies that are listed for trading or eligible for immediate listingare generally more attractive than blank check companies that will be requiredto pursue a listing at a future date.

**Available Resources**          Blankcheck companies that have available resources, particularly cash resources, aregenerally more attractive than blank check companies that have no availableresources.

**Prior Operations**                Blankcheck companies that have no prior operations are generally more attractivethan blank check companies that have prior operations and the potential forcontingent liabilities.

**StockDistribution**              Blankcheck companies that have a substantial number of existing stockholders and arelatively even distribution of stock ownership are generally more desirablethan blank check companies that have a small number of stockholders, or a fewstockholders who control large blocks of stock. 

We believe Preferential will remain an insignificantparticipant among the companies which engage in the acquisition of businessopportunities. There are many established venture capital and financialconcerns which have significantly greater financial and personnel resources andtechnical expertise than Preferential. In view of Preferential's combinedextremely limited financial resources and limited management availability,Preferential will continue to be at a significant competitive disadvantagecompared to Preferential's competitors.
**Research and Development.**
**Our Lack of Market Research or Marketing Organization Could AdverselyAffect Our Ability to Successfully Find and Conclude a Merger or Acquisition**.Preferential has neither conducted, nor have others made available to it,results of market research indicating that market demand exists for thetransactions contemplated by Preferential. Moreover, Preferential does nothave, and does not plan to establish, a marketing organization. Even in theevent demand is identified for a merger or acquisition contemplated byPreferential, there is no assurance Preferential will be successful incompleting any such business combination.
**Environmental Compliance.**
The nature of Preferential'sbusiness does not require special environmental or local governmentapproval.  Preferential is compliantwith all environmental laws. There is no cost to Preferential for suchcompliance.
**Government Regulation.**
**SecuritiesExchange Act of 1934, as amended, (the "1934 Act")**.  Sections 13 and 15(d) of the 1934 Actrequires companies subject thereto to provide certain information aboutsignificant acquisitions, including certified financial statements for thecompany acquired, covering one, two, or three years, depending on the relativesize of the acquisition. The time and additional costs that may be incurred bysome target entities to prepare such statements may significantly delay oressentially preclude consummation of an otherwise desirable acquisition by theCompany. Acquisition prospects that do not have or are unable to obtain therequired audited statements may not be appropriate for acquisition so long asthe reporting requirements of the 1934 Act are applicable. 

**SEC Shell Company Rules**.  On June 29, 2005, the Securities andExchange Commission adopted final rules 

2

amendingthe Form S-8 and the Form 8-K for shell companies. These rules were publishedin the Federal Register on July 21, 2005 and were made effective as of August 22, 2005,except for an amendment to Item 5.06 of the Form 8-K that became effective on November 5, 2005.The amendments expand the definition of a shell company to be a company with noor nominal operations, assets consisting of cash and cash equivalents, orassets consisting of any amount of cash and cash equivalents and nominal otherassets.  Shell companies, as aresult of these rule changes:

1.       arenow prohibited from using Form S-8 (the abbreviated registration statement usedto register securities issued under employee benefit plans) until 60 days afterit ceases to be a shell company;;

2.       mustinclude current Form 10 or Form 10-SB information, including audited financialstatements in the Form 8-K that the shell company files to report an event thatcauses it to cease being a shell company;

3.       mustfile financial statements within four days about the transaction; and 

4.       wherean operating company acquires a shell company and the operating companysurvives the transaction; the operating company will have acquired control ofthe shell for purposes of the definition of "succession" under thefinal rules and the operating company, as the surviving entity, will berequired to file a Form 8-K under Item 5.01. 

Priorto the new rules, financial statements of the acquired private company were notrequired to be filed on Form 8-K until 75 days after completion of the mergeror acquisition.  Also, detailedinformation about the business and management of the acquired private companywas not required until the reporting company filed its next annual report onForm 10-KSB. As a result, securities of the new entity could be traded for upto 75 days with investors having little or no access to vital information aboutthe acquired private company.  Theserule changes will add additional cost onto completing a merger or acquisitiontransaction and may make us less attractive as a means of going public.

**Sarbanes-OxleyAct of  2002**.  On July 30, 2002, President Bush signedinto law the *Sarbanes-Oxley Act of 2002*, orthe SOA. SOA imposes a wide variety of new requirements on both U.S. andnon-U.S. companies, that file or are required to file periodic reports with theSEC (the "**SEC**") under the *Securities Exchange Act of 1934*.  Many of these new requirements will affectus and our board of directors.  Forinstance, under SOA we are required to:

·        form an audit committee in compliance with SOA;

·        our chief executive office and chief financial officer are required tocertify our financial statements; ensure our directors and senior officers are required to forfeit all bonuses orother incentive-based compensation and profits received from the sale of oursecurities in the twelve month period following initial publication of any ofour financial statements that later require restatement; 

·        disclose any off-balance sheet transactions as required by SOA;

·        prohibit all personal loans to directors and officers;

·        ensure directors, officers and 10% holders file their Forms 4's withintwo days of a transaction; 

·        adopt a code of ethics and file a Form 8-K whenever there is a change orwaiver of this code; andensure our auditor is independent as defined by SOA.

SOA has required usto review our current procedures and policies to determine whether they complywith the SOA and the new regulations promulgated thereunder. We will continueto monitor our compliance with all future regulations that are adopted underthe SOA and will take whatever actions are necessary to ensure that we are incompliance. 

***Investment Company Act of 1940***.    Although we are subject toregulation under the *Securities Act of 1933*andthe *Securities Exchange Act of 1934*, webelieve Preferential will not be subject to regulation under the *Investment Company Act of 1940*insofar as we are not engagedin the business of investing or trading in securities. In the event that weengage in a business combination which results in us holding passive investmentinterests in a number of entities, we could be subject to regulation under the *Investment Company Act of 1940.* In such an event, we would be required toregister as an investment company and could be expected to incur significantregistration and compliance costs. We have obtained no formal determinationfrom the SEC as to the status of Preferential under the *InvestmentCompany Act of 1940*and, consequently, any violation of such Actwould subject us to material adverse consequences. Preferential presentlybelieves it is exempt from the *Investment Company Act of1940*via Regulation 3a-2 thereto.  

3
******
***Investment Advisor Act of 1940***.  We are not an"investmentadviser" under the *Federal Investment AdviserAct of 1940*, which classification would involve a number of negativeconsiderations. Accordingly, we do not and will not furnish or distributeadvice, counsel, publications, writings, analysis or reports to anyone relatingto the purchase or sale of any securities within the language, meaning andintent of Section 2(a)(11) of the *Investment Adviser Act of1940*, 15 U.S.C. 

***Employees***.

We have no fulltime or part time employees.  HarryMiller, our president, has agreed to allocate a portion of his time to ouractivities, without compensation. We anticipate that our business plan can beimplemented through the efforts of Mr. Miller who devotes up to 5% of his workweek to our business affairs, consequently, conflicts of interest may arisewith respect to the limited time commitment by Mr. Miller. 

***Reports to Securities Holders***.

We are required to file annual reports on Form 10-KSB and quarterlyreports on Form 10-QSB with the SEC on a regular basis, and will be required totimely disclose certain material events (e.g., changes in corporate control;acquisitions or dispositions of a significant amount of assets other than inthe ordinary course of business; and bankruptcy) in a current report on Form8-K.

You may read and copy any materials we file with theSEC at their Public Reference Room Office, 100 F Street, NE, Room 1580, Washington, D.C. 20549-0102.  You may obtaininformation on the operation of the Public Reference Room by calling the SEC at1-800-SEC-0330. Additionally, the SEC maintains an Internet site(http://www.sec.gov) that contains reports, proxy and information statementsand other information regarding issuers that file electronically with the SEC.
***Risk Factors.*****Risks Related to Our Business and Industry**
**Preferential Has No OperatingHistory That Can Be Used to Evaluate its Future Business Prospects**.Preferential was incorporated in the state of Nevada on October 2, 2006.Preferential has had no operating history nor any revenues or earnings fromoperations since inception. Preferential has little or no tangible assets orfinancial resources. Preferential will, in all likelihood, continue to sustainoperating expenses without corresponding revenues, at least until theconsummation of a business combination. This may result in Preferentialincurring a net operating loss which will increase continuously untilPreferential can consummate a business combination with a profitable businessopportunity.

**There Is No Assurance ThatPreferential's Proposed Operations Will Be Successful**.The success of Preferential's proposed plan of operation will depend to a greatextent on the operations, financial condition and management of the identifiedbusiness opportunity. While management intends to seek business combination(s)with entities having established operating histories, there can be no assurancethat Preferential will be successful in locating candidates meeting suchcriteria. In the event Preferential completes a business combination, of whichthere can be no assurance, the success of Preferential's operations may bedependent upon management of the successor firm or venture partner firm andnumerous other factors beyond Preferential's control. There is no assurancethat Preferential can identify such a business opportunity and consummate sucha business combination. Preferential's  sole officer and director does not haveany direct experience with black check companies or  related transactions.  Preferential has not made any attemptsto negotiate or consummate a merger with, or acquisition of, a private company.
**Risks Related to Owning Our Common Stock**
**State Blue Sky Registration LawsWill Restrict the Resales of the Preferential's Stock**.  Transferability of the shares of CommonStock of Preferential is very limited because a significant number of stateshave enacted regulations pursuant to their securities or so-called "bluesky" laws restricting or, in many instances, prohibiting, the initialsale and subsequent resale of securities of "blank check" companiessuch as Preferential within that state. In addition, many states, while notspecifically prohibiting or restricting "blank check" companies,would not register the securities of Preferential for sale or resale in theirstates. Because of these regulations, Preferential currently has no plan toregister any securities of Preferential with any state. To ensure that anystate laws are not violated through 

4

the re-sales of thesecurities of Preferential, Preferential will refuse to register the transferof any securities of Preferential, to residents of any state, which prohibitsuch resale or if no exemption is available for such resale. It is notanticipated that a secondary trading market for Preferential's securities willdevelop in any state until subsequent to consummation of a BusinessCombination, if at all.

**Preferential Will Face Scarcityof and Competition for Business Opportunities and Combinations and as a ResultMay Never Complete a Merger or Acquisition**. Preferential isand will continue to be an insignificant participant in the business of seekingmergers with, joint ventures with and acquisitions of small private and publicentities. A large number of established and well-financed entities, includingventure capital companies, are active in mergers and acquisitions of companieswhich may be desirable target candidates for Preferential. Nearly all suchentities have significantly greater financial resources, technical expertiseand managerial capabilities than Preferential and, consequently, Preferentialwill be at a competitive disadvantage in identifying possible businessopportunities and successfully completing a business combination. Moreover,Preferential will also compete in seeking merger or acquisition candidates withnumerous other small public companies.

**Preferential Has Not Entered intoan Agreement for a Specific Business Combination or Other Transaction and MayNever be Successful in Finding or Concluding Such an Agreement**.Preferential has no arrangement, agreement or understanding with respect toengaging in a merger with, joint venture with or acquisition of, a private orpublic entity. There can be no assurance Preferential will be successful inidentifying and evaluating suitable business opportunities or in concluding abusiness combination. Management has not identified any particular industry orspecific business within an industry for evaluation by Preferential. There isno assurance Preferential will be able to negotiate a business combination onterms favorable to Preferential. Preferential has not established a specificlength of operating history or a specified level of earnings, assets, net worthor other criteria which it will require a target business opportunity to haveachieved, and without which Preferential would not consider a businesscombination in any form with such business opportunity. Accordingly,Preferential may enter into a business combination with a business opportunityhaving no significant operating history, losses, limited or no potential forearnings, limited assets, negative net worth or other negative characteristics.

**Mr. Miller, Our Sole Director and Officer, Will OnlyDevote Part Time Efforts to Preferential Due to His Involvement in OtherBusiness Interests Which May Further Limit Our Likelihood of Success**.While seeking a business combination, Harry Miller, President of Preferentialanticipates devoting up to ten hours per month to the business of Preferential.Harry Miller will be the only person responsible in conducting the day to dayoperations of Preferential including searches, evaluations, and negotiationswith potential merger or acquisition candidates. Preferential has not enteredinto any written employment agreement with Harry Miller and is not expected todo so in the foreseeable future. Preferential has not obtained key man lifeinsurance on Harry Miller. The loss of the services of Harry Miller wouldadversely affect development of Preferential's business and its likelihood ofcontinuing operations. 

**Preferential May Have Potential Business Conflict ofInterests with Other Companies Formed by Mr. Miller, the Resolution of WhichMay Not Necessarily Be Favorable to Us**. Harry Miller may inthe future participate in business ventures which could be deemed to competedirectly with Preferential. Additional conflicts of interest and non-armslength transactions may also arise in the future in the event Preferential'scurrent and future officers or directors are involved in the management of anyfirm with which Preferential transacts business. Management has adopted apolicy that Preferential will not seek a merger with, or acquisition of, anyentity in which management serve as officers, directors or partners, or inwhich they or their family members own or hold any ownership interest. 

**Our Lack of Market Research or Marketing OrganizationCould Adversely Affect Our Ability to Successfully Find and Conclude a Mergeror Acquisition**. Preferential has neither conducted, nor haveothers made available to it, results of market research indicating that marketdemand exists for the transactions contemplated by Preferential. Moreover,Preferential does not have, and does not plan to establish, a marketingorganization. Even in the event demand is identified for a merger oracquisition contemplated by Preferential, there is no assurance Preferentialwill be successful in completing any such business combination.

**Preferential Will Face Significant Legal RequirementsThat Have the Potential to Subject Us to Substantial Liability and Increase OurCosts of Doing Business if It is Characterized as an Investment Company**.Although Preferential will be subject to regulation under the *Securities Exchange Act of 1934*,management believes Preferential will not be subject to regulation under the *Investment Company Act of 1940*, insofar asPreferential will not be engaged in the business of investing or trading insecurities. In the event Preferential engages in business combinations whichresult in Preferential holding passive investment interests in a number ofentities, Preferential 

5

couldbe subject to regulation under the *InvestmentCompany Act of 1940.*In such event, Preferential would be requiredto register as an investment company and could be expected to incur significantregistration and compliance costs. Preferential has obtained no formaldetermination from the Securities and Exchange Commission as to the status ofPreferential under the *Investment CompanyAct of 1940*and, consequently, any violation of such Act wouldsubject Preferential to material adverse consequences.

**The Successful Completion of a Merger or AcquisitionTransaction Will Likely Result in a Change in Control And Our CurrentManagement Will Not Have Any Power to Influence Preferential after aConsummated Merger or Acquisition Transaction**. A businesscombination involving the issuance of Preferential's Common Shares will, in alllikelihood, result in shareholders of a private company obtaining a controllinginterest in Preferential. Any such business combination may require managementof Preferential to sell or transfer all or a portion of Preferential's CommonShares held by them, or resign as members of the Board of Directors ofPreferential. The resulting change in control of Preferential could result in theremoval of Harry Miller and a corresponding reduction in or elimination of hisparticipation in the future affairs of Preferential.

**Preferential May Face Significant Delays andDisadvantages if it Embarks Upon a Blank Check Offering Prior to Completion ofA Merger or Acquisition**. Preferential may enter into abusiness combination with an entity that desires to establish a public tradingmarket for its shares. A business opportunity may attempt to avoid what itdeems to be adverse consequences of undertaking its own public offering byseeking a business combination with Preferential. Such consequences mayinclude, but are not limited to, time delays of the registration process,significant expenses to be incurred in such an offering, loss of voting controlto public shareholders and the inability or unwillingness to comply withvarious federal and state laws enacted for the protection of investors.

**Taxation Concerns May Influence Whether a FutureIdentified Business Opportunity Proceeds**. Federal and state taxconsequences will, in all likelihood, be major considerations in any businesscombination Preferential may undertake. Currently, such transactions may bestructured so as to result in tax-free treatment to both companies, pursuant tovarious federal and state tax provisions. Preferential intends to structure anybusiness combination so as to minimize the federal and state tax consequencesto both Preferential and the target entity; however, there can be no assurancethat such business combination will meet the statutory requirements of a tax-free reorganization or that the parties will obtain the intended tax-freetreatment upon a transfer of stock or assets. A non-qualifying reorganizationcould result in the imposition of both federal and state taxes which may havean adverse effect on both parties to the transaction.

**Requirement of Audited Financial Statements MayDisqualify Business Opportunities**. Section 13 and 15(d) ofthe *Securities Exchange Act of 1934*(the"Exchange Act"), require companies subject thereto to provide certaininformation about significant acquisitions, including certified financialstatements for Preferential acquired, covering one, two or three years,depending on the relative size of the acquisition. The time and additional coststhat may be incurred by some target entities to prepare such statements maypreclude consummation of an otherwise desirable acquisition by Preferential.Acquisition prospects that do not have or are unable to obtain the requiredaudited financial statements may not be appropriate for acquisition so long asthe reporting requirements of the*SecuritiesExchange Act of 1934*are applicable. 

**Item2. Description of Property**.

Preferentialcurrently maintains a mailing address at P.O. Box 741, Bellevue, Washington98009, which is the address of its President. Preferential pays no rent for theuse of this mailing address. Preferential does not believe that it will need tomaintain an office at any time in the foreseeable future in order to carry outits plan of operations described herein.**Item 3. Legal Proceedings**.

Preferential is not a party to any legal proceedings.**Item 4. Submissions of Matters to a Vote of SecurityHolders**.

No matter was submitted during the fourth quarter of our fiscal year toa vote of our security holders through the solicitation of proxies orotherwise.

6
******PART II**
**Item 5. Market for Common Equity and RelatedStockholder Matters**.***General***.

Preferential's Common Stock has never been traded. It is unlikely thatPreferential's stock will be accepted for trading on any exchange orquotation system until completion of a merger or acquisition. It is likely ifany such trading market developed it would be on one the over the countermarkets and be considered a "penny stock".  There is no assurance that a tradingmarket will ever develop or, if such a market does develop, that it willcontinue. 

As of March 28, 2008, we had one stockholder of recordholding 5,000,000 common shares.             
***Dividend Policy***.
Preferential has not paid any cash dividends on its Common Stock andpresently intends to continue a policy of retaining earnings, if any, forreinvestment in its business.
***No Equity Compensation Plan***.
Preferential does nothave an equity compensation plan and does not plan to implement such a plan.
***Recent Sales ofUnregistered Securities***.
On October 2, 2006, we issued 5,000,000 shares of our Common Stock to Mr. Miller,for an aggregate total of $5,000. We relied on the exemption provided bySection 4(2) of the *Securities Act of 1933*,as amended, for the issuance of these securities. All of these shares are"restricted" shares as defined in Rule 144 under the *Securities Act of 1933*, as amended. These shares may not beoffered for public sale except under Rule 144, or otherwise, pursuant to *Securities Act of 1933*.            
**Item 6. Management Discussion and Analysis or Plan ofOperations.
***2007 Business Environment.*** 

Interest inbecoming public, either through an initial public offering or through a mergerwith a reporting company decreased in 2007.  This was a result of a number of factorsnot the least of which was the instability of the economy as a result of thesubprime mortgage crisis and weakoning US dollar.  Although our President, Mr. Miller, hasreviewed a number of proposals he did not find one which he believed to besuitable for Preferential. Management believes the securities market in 2008 will remain turbulentup until the US presidential election in November 2008.  If the markets remain unstable through-out2008 it may be that we will be unable to complete a merger or acquisition witha suitable business candidate this year despite our continued investigation ofinterested parties.
***Plan of Operations***.
Our business purpose is to seek, investigate and, ifsuch investigation warrants, merge or acquire an interest in businessopportunities presented to us by persons or companies who or which desire toseek the perceived advantages of a *Securities Exchange Act of1934*registered corporation. We have not restricted our search toany specific business, industry, or geographical location and we mayparticipate in a business venture of virtually any kind or nature. Thisdiscussion of the proposed business is purposefully general and is not meant tobe restrictive of our virtually unlimited discretion to search for and enterinto potential business opportunities. We may seek a business opportunity withentities which have recently commenced operations, or which wish to utilize thepublic marketplace in order to raise additional capital in order to expand intonew products or markets, to develop a new product or service, or for othercorporate purposes. We may acquire assets and establish wholly-ownedsubsidiaries in various businesses or acquire existing businesses assubsidiaries.

Mr. Miller has limited experience in managingcompanies similar to Preferential and we shall now be relying upon his effortsin accomplishing the business purposes of Preferential. It is not anticipatedthat any outside consultants or advisors will be utilized by Preferential toeffectuate its business purposes described herein. However, if Preferential 

7

does retain suchan outside consultant or advisor, any cash fee earned by such party will needto be paid by the prospective merger/acquisition candidate, as Preferential hasno cash assets with which to pay such obligation. There have been no contractsor agreements with any outside consultants and none are anticipated in thefuture.

**Marketing**.  Mr. Miller, our President,has contacted a couple of broker-dealer, venture capitalist and other membersof the financial community who he had a pre-existing relationship and who werelikely to have clients, associates and contacts interested in a blank checkcompany such as Preferential.  Todate, Mr. Miller has reviewed the business plans and met the principals of atleast two potential reverse merger/acquisition candidates.  Mr. Miller did not, however, find asuitable privately held company seeking to consummate a reversemerger/acquisition transaction.  Mr.Harry Miller plans on continuing to tap into his extensive network of businesscontacts in North America in seeking a suitable business entity to consummate areverse merger/acquisition transaction for Preferential.   Mr. Miller has not identified aspecific potential merger or acquisition candidate at this time.

**Evaluationof Acquisition Opportunities**.  Mr. Miller will obtain from potentialprivate company candidates written materials regarding these privately heldcompanies prior to considering a reverse merger/acquisition transaction withsaid companies.  Mr. Miller plans onrequesting or will request such items as:

·        a description of products,services and company history;

·        management resumes;

·        available projections with relatedassumptions upon which they are based;

·        an explanation of proprietaryproducts and services;

·        evidence of existing patents,trademarks or service marks or rights thereto;

·        present and proposed forms ofcompensation to management;

·        a description of transactionsbetween the privately-held company and its affiliates during relevant priorperiods;

·        a description of present andrequired facilities;

·        an analysis of risks andcompetitive conditions;

·        a financial plan of operation and estimatedcapital requirements;

·        **audited**financial statements; and

·        other information deemed relevant.

Mr. Miller willendeavor to personally meet with management and key personal of companies whichhe considers are serious candidates for concluding a reverse merger oracquisition.  Preferential will alsoattempt to obtain independent analysis or verification of certain informationprovided, check references of management and key personnel and take otherreasonable investigative measures, to the extent of Preferential'slimited financial resources. Preferential will not acquire or merge with any company for whichcurrent audited financial statements cannot be obtained prior to or within areasonable period of time after closing of the proposed transaction. 

Mr. Miller intendsto take into consideration the following factors when analyzing a company forits potential as a reverse merger/acquisition candidate:

·        potential for growth, indicated bynew technology, anticipated market expansion or new products;

·        competitive position compared toother companies of similar size and experience within the privately-heldcompany's industry segment as well as within the industry as a whole;

·        strength and diversity ofmanagement; either in place or scheduled for recruitment;

·        capital requirements andanticipated availability of required funds to be provided by us or fromoperations, through the sale of additional securities, through joint venturesor similar arrangements or from other sources;

·        the extent to which the businessof the privately-held company can be advanced;                             

·        The regulatory environment withinthe privately-held company's industry;

·        the market performance of equitysecurities of similarly situated companies in the privately-held company'sindustry; and

·        reputation of owners, principals and/or managers for complying with andnot violating federal and/or state securities laws.

The time, effort and expense required to evaluate aprivately-held company for a reverse merger/acquisition transaction withPreferential and to effectuate such a transaction cannot be predicted with anydegree of accuracy.  Preferentialdoes not have any full-time employees and Mr. Miller, the sole unpaid employeeof Preferential, is not 

8

required to devote any specific amount of time to thebusiness of Preferential.

Preferential does not intend to merge with or acquirea business or company in which Mr. Miller has, directly or indirectly, anownership interest in. 

**Treatment of Reverse Merger/AcquisitionTransaction**.  The SEC considers a reversemerger/acquisition transaction to be a capital transaction in substance, ratherthan a business combination.  Thatis, the transaction will be equivalent to the issuance of stock by theprivately-held company for the net monetary assets of Preferential, accompaniedby a recapitalization.  As a result,the post-reverse merger/acquisition comparative historical financial statementsfor Preferential will be those of the privately-held company, with appropriatefootnote disclosure concerning the changes in the capital structure of theprivately-held company, effected at the reverse merger/acquisition transactiondate.

**Cost Projections**.  It is anticipated thatPreferential will incur nominal expenses in the implementation of its businessplan.  Our main cost is related tocompliance with our ongoing reporting issuer obligations with the SEC.  Because Preferential has no capital withwhich to pay these anticipated expenses, Mr. Harry Miller has verbally agreedto pay these charges with his personal funds.  Any monies loaned to Preferential by Mr.Miller will be unsecured and non- interest bearing. We expect that any loansmade to us by Mr. Miller will be repaid from cash generated from our operationsafter we have merged or acquired a privately held company.  Mr. Miller  has agreed that the repayment of anyloans made by it to Preferential will not impede, or be made conditional in anymanner, to consummation of a proposed transaction. 
**Item 7. FinancialStatements**.
The financial statements and schedules that constituteItem 7 of Form 10-KSB immediately follow on the next page. 

9

 
******
**PREFERENTIAL EQUITIES, CORP.**

**Index**

Report ofIndependent Registered Public Accounting Firm                                                                     11

FinancialStatements:

Balance Sheet                                                                                                                                      12

Statement of Operations                                                                                                                    13

Statement of Stockholders' Equity                                                                                                   14

Statement of Cash Flows                                                                                                                   15

Notes to Financial Statements                                                                                                                      16-19

 

10
****
GEORGESTEWART, CPA2301SOUTH JACKSON STREET, SUITE 101-GSEATTLE, WASHINGTON 98144(206)328-8554  FAX(206) 328-0383

**REPORT OFINDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

To the Board of Directors

Preferential Equities Corp.

I have audited the accompanyingbalance sheet of Preferential Equities Corp. (A Development Stage Company) asof December 31, 2007 and 2006, and the related statement of operations,stockholders' equity and cash flows the years then ended and for theperiod from October 2, 2006 (inception) to December 31, 2007.  These financial statements are theresponsibility of the Company's management.  My responsibility is to express anopinion on these financial statements based on my audit.

I conducted my audit in accordancewith the standards of the Public Company Accounting Oversight Board (United States).  Those standards require that I plan andperform the audit to obtain reasonable assurance about whether the financialstatements are free of material misstatement.  An audit includes examining, on a testbasis, evidence supporting the amounts and disclosures in the financialstatements.  An audit also includesassessing the accounting principles used and significant estimates made bymanagement, as well as evaluating the overall financial statement presentation.  I believe that my audit provides areasonable basis for my opinion.

In my opinion, the financialstatements referred to above present fairly, in all material respects, thefinancial position of Preferential Equities Corp., (A Development StageCompany) as of December 31, 2007 and 2006, and the results of its operationsand cash flows for the years then ended and from October 2, 2006 (inception) toDecember 31, 2007 in conformity with generally accepted accounting principlesin the United States of America.

The accompanying financial statementshave been prepared assuming the Company will continue as a going concern.  As discussed in Note #3 to the financialstatements, the Company has had no operations and has no established source ofrevenue.  This raises substantialdoubt about its ability to continue as a going concern.  Management's plan in regard tothese matters is also described in Note # 3.  The financial statements do not includeany adjustments that might result from the outcome of this uncertainty.

/s/ George Stewart, CPA

Seattle, WashingtonMarch 27, 2008

11
**
**Preferential Equities Corp.**

**(A Development Stage Company)**

**Balance Sheets**

**ASSETS**

**As of**

**As of**

**Dec. 31,**

**Dec 31,**

**2007**

**2006**

**Current  Assets**

      Cash 

$

                         - 

$

                           - 

**Total  Current Assets**

                         - 

                           - 

**Other  Assets**

      Prepaid  Expenses

                         - 

                           - 

**Total  Other Assets**

                         - 

                           - 

$

**                         -**

$

**                           -**

**LIABILITIES & STOCKHOLDERS'  EQUITY (DEFICIT)**

**Current  Liabilities**

      Accounts  Payable

$

                  1,000 

$

      Advances from  Officer

                  1,250 

**Total  Current Liabilities**

                  2,250 

                         -   

**Total Liabilities**

                  2,250 

                         -   

**Stockholders'  Equity (Deficit)**

Common stock, ($0.001  par value, 100,000,000 shares 

  authorized; 5,000,000 shares issued  and outstanding  as of 

September 30, 2007 and  December 31, 2006 respectively)

                  5,000 

                   5,000 

Additional paid-in  capital

Subscription Receivable

                 (3,000)

Deficit accumulated  during exploration stage

                (7,250)

                 (2,000)

**Total  Stockholders' Equity (Deficit)**

                (2,250)

                           - 

**       TOTAL  LIABILITIES &**

**              STOCKHOLDERS' EQUITY (DEFICIT)**

$

**                         -**

$

**                           -**

**See  Accompanying Notes and Accountant's Report**

12

 

**Preferential Equities Corp.****(A  Development Stage Company)**

**Statements  of Operations**

**October  2, 2006**

**Year**

**Year**

**(inception)**

**Ended**

**Ended**

**through**

**Dec.  31,**

**Dec.  31,**

**Dec.  31,**

**2007**

**2006**

**2007**

**Revenues**

** ** Revenues

$

                           -   

 $ 

$

                                   -   

**Total Revenues**

                           -   

                                   -   

**Operating Costs**

**  **Administrative Expenses

                     5,250 

                     2,000 

                              7,250 

**Total Operating Costs**

                     5,250 

                     2,000 

                              7,250 

**Net Income (Loss)**

$

**                  (5,250)**

** $**

**                  (2,000)**

**$**

**                           (7,250)**

**Basic earnings (loss) per share**

$

                     (0.00)

$

                     (0.00)

**Weighted average number of**

**   common shares outstanding**

              5,000,000 

              5,000,000 

13

**Preferential Equities Corp.**
**(A  Development Stage Company)**

**Statement  of Changes in Stockholders' Equity**

**From  October 2, 2006 (Inception) through December 31, 2007**

**Deficit**

**Common**

**Common**

**Additional**

**Accumulated**

**Stock**

**Stock**

**Paid-in**

**During**

**Total**

**Amount**

**Capital**

**Development**

**Stage**

**Balance, October 2, 2006**

**                           -**

**$**

**                -  **

**$**

**                 -  **

**$**

**                        -  **

**$                **

**-  **

Stock issued for cash on October 2, 2006

 @ $0.001  per share

             5,000,000 

                5,000 

                      - 

                         - 

                5,000 

Net loss,   December 31, 2006

                         (2,000)

              (2,000)

**Balance, December 31, 2006**

**          5,000,000**

** $         5,000**

** $                -  **

** $         (2,000)**

** $           3,000**

Net loss,   December 31, 2007

                         (5,250)

              (5,250)

**Balance, December 31, 2007**

**          5,000,000**

** $         5,000**

** $                  -**

** $            (7,250)**

** $      (2,250)**

**See Accompanying Notes**
14

**Preferential  Equities Corp.**

**(A Development  Stage Company)**

**Statements of Cash  Flows**

**October 2, 2006**

** Year**

** Year**

** (inception) **

** Ended**

** Ended**

** through**

**Dec. 31,**

**Dec. 31,**

**Dec. 31,**

**2007**

**2006**

**2007**

**CASH FLOWS FROM OPERATING ACTIVITIES**

    Net income  (loss) 

$

                 (5,250)  

 $ 

               (2,000)

$

                 (7,250)

    Adjustments to  reconcile net loss to net cash 

        provided by (used in) operating activities:

   Changes in operating  assets and liabilities:

    Increase  (Decrease) in Advances from Officers

                   1,250 

                  1,250 

    Increase  (Decrease) in Accounts Payable

                   1,000 

                  1,000 

***     Net cash provided by  (used in) operating activities***

**                (3,000)**

**              (2,000)**

**               (5,000)**

**CASH FLOWS FROM INVESTING ACTIVITIES**

   Acquisition of  equipment

                          -  

                   - 

                          - 

***     Net cash provided by  (used in) investing activities***

**                           -**

**                         -**

**                          -**

**CASH FLOWS FROM FINANCING ACTIVITIES**

     Issuance  of common stock

            5,000 

                  5,000 

     Additional  paid-in capital

    (Increase)  Decrease in Subscription Receivable

                   3,000 

               (3,000)

     Net cash provided by (used in)  financing activities

**                  3,000**

**                2,000**

**                 5,000**

    Net increase (decrease) in  cash

**                           -**

**                         -**

**                          -**

    Cash at beginning of  period

**                          -**

    Cash at end of period

$

**                           -**

** $**

**                         -**

$

**                          -**

**SUPPLEMENTAL  DISCLOSURES OF CASH FLOW INFORMATION**

Cash paid during year for :

     Interest

$

                    - 

$

                    - 

$

                        - 

     Income  Taxes

$

                     - 

$

                    - 

$

                          - 

**See Accompanying Notes and Accountant's Report**
****
15

**PREFERENTIAL EQUITIESCORP.(A Development StageCompany)Notes to FinancialStatementsDecember 31, 2007**

**NOTE 1.   ORGANIZATION AND DESCRIPTION OFBUSINESS**

Preferential Equities, Corp. (the Company) was incorporatedunder the laws of the State of Nevada on October 2, 2006.  The Company is pursuing their businessas may be necessary, convenient or desirable to accomplish.

The Company is in the development stage. Its activities todate have been limited to capital formation, organization and development ofits business plan.  The Company hasnot commenced operations.

**NOTE 2.   SUMMARY OF SIGNIFICANT ACCOUNTINGPOLICIES**

**a.  Basis of Accounting**

The Company's financial statements are prepared usingthe accrual method of accounting. The Company has elected a December 31, year-end. 

**b.  Basic Earnings per Share**

In February 1997, the FASB issued Statement of FinancialAccounting Standards ("SFAS") No. 128, "Earnings PerShare", which specifies the computation, presentation and disclosurerequirements for earnings (loss) per share for entities with publicly heldcommon stock.  SFAS No. 128supersedes the provisions of APB No. 15, and requires the presentation of basicearnings (loss) per share and diluted earnings (loss) per share.  The Company has adopted the provisionsof SFAS No. 128 effective October 2, 2006 (date of inception).  

Basic net loss per share amounts is computed by dividing thenet loss by the weighted average number of common shares outstanding.  Diluted earnings per share are the sameas basic earnings per share due to the lack of dilutive items in the Company. 

**c.  Cash Equivalents**

The Company considers all highly liquid investments purchasedwith an original maturity of three months or less to be cash equivalents.

**d. Use of Estimates and Assumptions**

The preparation of financial statements in conformity withgenerally accepted accounting principles requires management to make estimatesand assumptions that affect the reported amounts of assets and liabilities anddisclosure of contingent assets and liabilities at the date of the financialstatements and the reported amounts of revenues and expenses during 

****16

**PREFERENTIAL EQUITIESCORP.(A Development StageCompany)Notes to FinancialStatementsDecember 31, 2007**

**NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTINGPOLICIES (Continued)**

the reporting period. Actual results could differ from thoseestimates. In accordance with FASB 16 all adjustments are normal andrecurring.  

**e.  Income Taxes**

Income taxes are provided in accordance with SFAS 109,"Accounting for Income Taxes". A deferred tax asset or liability is recorded for all temporarydifferences between financial and tax reporting and net operating losscarryforwards.  Deferred tax expense(benefit) results from the net change during the year of deferred tax assetsand liabilities.

Deferred tax assets are reduced by a valuation allowance when,in the opinion of management, it is more likely than not that some portion ofall of the deferred tax assets will be realized.  Deferred tax assets and liabilities areadjusted for the effects of changes in tax laws and rates on the date ofenactment.

**NOTE 3.   GOING CONCERN**

The accompanying financial statements are presented on a goingconcern basis.  The Company had nooperations during the period from October 2, 2006 (date of inception) toDecember 31, 2007, generated no revenues, and incurred losses of $ 7,250.  This condition raises substantial doubtabout the Company's ability to continue as a going concern.  Because the Company is currently in thedevelopment stage and has minimal expenses, management believes that thecompany's current cash of $ -0- is sufficient to cover the expenses they willincur during the next twelve months in a limited operations scenario or untilthey raise additional funding. 

**NOTE 4.   WARRANTS AND OPTIONS**

There are no warrants or options outstanding to acquire anyadditional shares of common stock.

**NOTE 5.   RELATED PARTY TRANSACTIONS**

The sole officer and director of the Company may, in thefuture, become involved in other business opportunities as they becomeavailable, he may face a conflict in selecting between the Company and hisother business opportunities.  The   Company   has   not formulated a policy for theresolution of such conflicts.

17

**PREFERENTIAL EQUITIESCORP.(A Development StageCompany)Notes to FinancialStatementsDecember 31, 2007**

Harry Miller, sole officer and director of the Company, willnot be paid for any underwriting services that he performs on behalf of theCompany with respect to the Company's upcoming SB-2 offering.  He will also not receive any interest onany funds that he advances to the Company for offering expenses prior to theoffering being closed which will be repaid from the proceeds of the offering.

While the Company is seeking additional capital, Mr. Miller has advancedfunds to the Company to pay any costs incurred by it.  These funds are interest free.  The balance due Mr. Miller was $ 1,250on December 31, 2007.

**NOTE 6. INCOME TAXES**

**As of December 31, 2007**

Deferred tax assets:

    1,088

Net operating tax carryforwards

   $                  -0-

Other

       -0-

Gross deferred tax assets

       -0- 

Valuation allowance

     (1,088)

Net deferred tax assets

   $                  -0-

Realization of deferred tax assets is dependent uponsufficient future taxable income during the period that deductible temporarydifferences and carryforwards are expected to be available to reduce taxableincome.  As the achievement ofrequired future taxable income is uncertain, the Company recorded a valuationallowance.

**NOTE7.  NET OPERATING LOSSES**

As of December 31, 2007, the Company has net operating losscarryforwards of $ 7,250.  Netoperating loss carryforward expires twenty years from the date the loss wasincurred.

**NOTE 8.  STOCK TRANSACTIONS**

Transactions, other than employees' stock issuance, arein accordance with paragraph 8 of SFAS 123 "Share-Based Payment".Thus issuances shall be accounted for based on the fair value of theconsideration received. Transactions with employees' stock issuance are in accordance withparagraphs (16-44) of SFAS 123. These issuances shall be accounted for based onthe fair value of the consideration received or the fair value of the equityinstruments issued, or whichever is more readily determinable.  

18

**PREFERENTIAL EQUITIESCORP.(A Development StageCompany)Notes to FinancialStatementsDecember 31, 2007**

**NOTE 8.  STOCK TRANSACTIONS (Continued)**

On October 2, 2006 the Company issued a total of 5,000,000shares of common stock to a director for cash in the amount of $0.001 per sharefor a total of $5,000.

As of December 31, 2007 the Company had 5,000,000 shares ofcommon stock issued and outstanding.

**NOTE 9. STOCKHOLDERS' EQUITY**

The stockholders' equity section of the Company containsthe following classes of capital stock as of December 31, 2007:

Common stock, $ 0.001 par value: 100,000,000 sharesauthorized; 5,000,000 shares issued and outstanding.

19
**Item 8. Changes In and Disagreements with Accountants on Accounting andFinancial Disclosure**.
Preferential has notchanged accountants since its formation and there are no disagreements with thefindings of said accountants.
**Item 8A. Controls and Procedures.**
**(a) Evaluation of DisclosureControls and Procedures**

Mr. Miller, our sole officer anddirector, has evaluated the effectiveness of our disclosure controls andprocedures and had concluded that as of December 31, 2007, the Company'sdisclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e)under the Securities Exchange of 1934 (the "Exchange Act") areeffective to provide reasonable assurance that the information required to bedisclosed in this annual report on Form 10-KSB is recorded, processed,summarized and reported within the time period specified in Securities andExchange Commission rules and forms.and that such information isaccumulated and communicated to the Company's management to allow fortimely decisions regarding required disclosure.

**(b) Internal control overfinancial reporting**

***Management'sannual report on internal control over financial reporting***

Management is responsible forestablishing and maintaining adequate internal control over financial reportingas defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act. Ourinternal control over financial reporting is intended to provide reasonableassurance regarding the reliability of financial reporting and the preparationof financial statements for external purposes in accordance with U.S. GAAP. Ourinternal control over financial reporting should include those policies andprocedures that:
-  pertainto the maintenance of records that, in reasonable detail, accurately and fairlyreflect the transactions and dispositions of our assets;
-  providereasonable assurance that transactions are recorded as necessary to permitpreparation of financial statements in accordance with applicable GAAP, andthat receipts and expenditures are being made only in accordance withauthorizations of management and the Board of Directors; and
-  providereasonable assurance regarding prevention or timely detection of unauthorizedacquisition, use or disposition of our assets that could have a material effecton the financial statements.

Mr. Miller, our sole officer anddirector has evaluated the effectiveness of our internal control over financialreporting and preparation of our annual financial statements as of December 31,2007 and believes they are effective.

***Attestationreport of the registered public accounting firm***

This annual report does not include anattestation report of the company's registered public accounting firm regardinginternal control over financial reporting. Management's report was not subjectto attestation by the Company's registered public accounting firm pursuant totemporary rules of the Securities and Exchange Commission that permit thecompany to provide only management's report in this annual report.

***Changes in internalcontrol over financial reporting***

There were no changes in our internalcontrols over financial reporting that occurred during the last quarter coveredby this report that have materially affected, or are reasonably likely tomaterially affect our internal controls.

**Changes in Internal Controls**

Based on the evaluation as of December31, 2007, Mr. Miller, oursole officer and director, has concluded that there were no significant changesin our internal controls over financial reporting or in any other areas thatcould significantly affect our internal controls subsequent to the date of thismost recent evaluation, including corrective actions with regard to significantdeficiencies and material weaknesses.

20
****
**ITEM 8A(T) – CONTROLS ANDPROCEDURES**

See Item 8A – Controls andProcedures above.
**Item 8B. Other Information.**
None
**PART III**
**Item 9. Directorsand Executive Officers, Promoters, Control Persons, and Corporate Governance;Compliance with Section 16(a) of the Exchange Act.*****Identificationof Directors and Executive Officers***

Thefollowing table sets forth the names, positions and ages of our executiveofficer and directors. 

**Name**

**Age**

**Position**

**Since**

Harry Miller

75

President, CEO, CFO, Treasurer, Principal  Accounting Officer, Secretary and Director

October 2, 2006

Mr.Miller has held the above offices/positions since inception and is expected tohold said offices/positions until the next meeting of stockholders.
***Background ofOfficers and Directors***
The principal occupation and business experience during the last fiveyears for each of our present director and executive officer is as follows:

Harry Miller, has been President, Chief Executive Officer, Secretary,Treasurer, Acting Chief Financial Officer and sole director of Preferentialsince October 2, 2006. Mr. Miller has years of experience in starting newenterprises; having spent the last thirty years in forming many companies andproviding consulting services to a variety of businesses. Many of thesecompanies were in the medical products and health care industries. Currently heis associated with Eastside Mortgage, LLC. of Bellevue, Washingtonwhere he maintains a real estate license and analyzes funding proposals,primarily construction loans for his investment portfolio and that of theprincipal of the firm. In 1991, Mr. Miller established Solar Health Care ofFlorida, investing in the Medicaid HMO industry. As CEO of Solar Health Care,he developed its business plan that included leasing office space, preparingand filing the complex application to the state, hiring staff and negotiatingthe purchase of an existing HMO. During the subsequent five year period, Mr.Miller entered into a contractual arrangement to provide medical care to over8,000 patients. At the end of his tenure intense competitive pressures causedthe company to be wound up. Mr. Miller is the former director and officer ofthe following reporting issuers: (1) Coronation Acquisition Corp., a formerblank check company, now known as Supreme Realty Investments, Inc.("SRLT.OB"); (2) Black Gardenia Corp., a former blank check company,now known as  Asia Interactive MediaInc.; (3) Medina Coffee, Inc., an espresso cart and café company, nowknown as China Bak Battery Inc. ("CBBT.OB"); and Dentalserv.com, adental software company which changed control in December 2006("DSRV.OB").  
*********Significant Employees***.
Preferential has no employees who are not executive officers, but whoare expected to make a significant contribution to our business. ***Involvement in Certain LegalProceedings***.

During the past five years, none of our directors or officers have been:

·      a general partner or executive officer of any business against which anybankruptcy petition was filed, 

21

·      either at the time of the bankruptcy or two years prior to that time;

·      convicted in a criminal proceeding or named subject to a pendingcriminal proceeding (excluding traffic violations and other minor offenses);

·      subject to any order, judgment or decree, not subsequently reversed,suspended or vacated, of any               courtof competent jurisdiction, permanently or temporarily enjoining, barring,suspending or otherwise limiting his involvement in any type of business,securities or banking activities; or 

·      found by a court of competent jurisdiction (in a civil action), theSecurities and Exchange Commission or the Commodity Futures Trading Commissionto have violated a federal or state securities or commodities law, and thejudgment has not been reversed, suspended or vacated.
*********Family Relationships***.
NotApplicable.  We currently have onlyone director and officer, Mr. Harry Miller.
***Audit Committee Financial Expert***.
Preferential does not have a standing Audit Committee. The functions ofthe Audit Committee are currently assumed by our Board of Directors.  Additionally, Preferential does not havea member on its board of directors that has been designated as an auditcommittee "financial expert." Preferential does not believe that the addition of such an expert wouldadd anything meaningful to Preferential at this time.  It is also unlikely Preferential wouldbe able to attract an independent financial expert to serve on its Board ofDirectors at this stage of its development.  In order to entice such a director tojoin its Board of Directors Preferential would probably need to acquire directors'errors and omission liability insurance and provide some form of meaningfulcompensation to such a director; two things Preferential is unable to afford atthis time
***Compliance with Section 16(a) of theSecurities Exchange Act of 1934.*
Under thesecurities laws of the United States, our directors, executive officers (andcertain other officers) and any persons holding more than 10% of ouroutstanding voting securities are required to report their ownership in oursecurities and any changes in that ownership to the SEC. Based solely upon relianceon the verbal and written representations of our director and officer, webelieve we are in compliance with Section 16(a) of the *SecuritiesExchange Act of 1934*.  Underthis section Mr. Harry Miller is now required to file a Form 3 initial reportwith the Securities and Exchange Commission and file a Form 4 on any subsequentchanges.  Mr. Miller has not boughtor sold any securities since October 2, 2006 when  we issued 5,000,000 shares of our commonstock to Mr. Harry Miller, for an aggregate purchase price of $5,000.00.
***Code of Ethics***.
Preferential has not adopted a Code of Ethics at this time and the Boardof Directors of Preferential is reviewing the necessity of adopting such adocument at this time by Preferential given the composition of its Board ofDirectors and Officer and its scale of its operations at this time.

22
**Item 10. Executive Compensation**.                  
***SummaryCompensation of Executive Officers***

The following table contains information concerning the compensation paid duringour fiscal years ended December 31, 2007 to the persons who served as our ChiefExecutive Officers, and each of the two other most highly compensated executiveofficers during 2007 (collectively, the "**Named Executive Officers**").

**SUMMARY COMPENSATION TABLE**

**Name and Principal Position**

**Year**

**Salary ($)**

**Bonus ($)**

**Stock Awards  ($)**

**Option Awards  ($)**

**Non-Equity Incentive Plan  Compen-  sation   ($)**

**Nonquali-fied Deferred  Compen-sation ($)**

**All Other  Compen-sation  ($)**

**Total  ($)**

Harry Miller  President CEO, Treasurer, Secretary, Acting CFO and Director(1)

2007

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

2006

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

**Notes**:

(1)   

Mr. Miller was appointed President, CEO,  Treasurer, Secretary and a Director of the Company on October 2, 2006, the  date of our formation.
 
***Compensationof Directors***

Preferential's soleofficer and director has not received any compensation for his servicesrendered to Preferential since inception. Harry Miller has agreed to actwithout compensation until authorized by the Board of Directors, which is notexpected to occur until Preferential has generated revenues from operationsafter consummation of a merger or acquisition. As of the date of thisregistration statement, Preferential has no funds available to pay HarryMiller. Further, Harry Miller is not accruing any compensation pursuant to anyagreement with Preferential.

It is possible that,after Preferential successfully consummates a merger or acquisition with anunaffiliated entity, that entity may desire to employ or retain Mr. Miller forthe purposes of providing services to the surviving entity, or otherwiseprovide other compensation to Mr. Miller. However, Preferential has adopted apolicy whereby the offer of any post-transaction remuneration to members ofmanagement will not be a consideration in Preferential's decision to undertakeany proposed transaction.

Preferential may alsocompensate Harry Miller, President of Preferential shares of Common Stock ofPreferential for his services in connection with completion of an acquisitionor merger. Preferential does not intend to compensate any other individual orconsultants in connection with completion of an acquisition or merger.

***EmploymentContracts and Termination of Employment or Change of Control.*********We have no plans orarrangements in respect of remuneration received or that may be received by ourexecutive officers to compensate such officers in the event of termination ofemployment (as a result of resignation or retirement).

No retirement, pension,profit sharing, stock option or insurance programs or other similar programshave been adopted by Preferential for the benefit of its employees. 
***Equity Compensation Plan.***
Preferential does not have an equity compensation plan and does not planto implement such a plan.

23
**Item 11. SecurityOwnership of Certain Beneficial Owners and Management and Related StockholderMatters**.***Principle Stockholders***
The following table setsforth certain information as of March 28, 2008, regarding the beneficialownership of Preferential's Common Stock by (i) each stockholder known byPreferential to be the beneficial owner of more than 5% of Preferential'sCommon Stock, (ii) by each Director and executive officer of Preferential and(iii) by all 

executive officer andDirectors of Preferential as a group. Each of the persons named in the tablehas sole voting and investment power with respect to Common Stock beneficiallyowned.

**Name and Address  of Beneficial Owner**

**Amount and Nature of  Beneficial Ownership (1)**

**Percent of Class**

Harry Miller  Bellevue, WA

5,000,000  (Restricted securities as defined in the*Securities Act of 1933*)

100%

All officers and directors  as a group (1 person).

5,000,000  (Restricted securities as defined in the*Securities Act of 1933*)

100%

**Note**:
 (1) Unless otherwise  indicated, the named party is believed to have sole investment and voting  control of the shares set forth in the above table. 
Thereare currently no options, warrants, rights or other securities conversionprivileges granted to our officer, director or beneficial owner.
***EquityCompensation Plan***
We did not have an equity compensation plan in place during the fiscalyear ended December 31, 2007.  

***Changes in Control*.
There are no present arrangements or pledges of Preferential's securities whichmay result in a change in control of Preferential.

**Item 12. Certain Relationships and RelatedTransactions, and Director Independence.*****Certain Relationships and RelatedTransactions.***

We were formed on October2, 2006.  On October 2, 2006, weissued 5,000,000 shares of our common stock to Mr. Harry Miller, for anaggregate purchase price of $5,000. Mr. Harry Miller, is our President, Chief Financial Officer, Secretary,and a director.              

There have been no otherrelated party transactions, or any other transactions or relationships requiredto be disclosed pursuant to Item 404 of Regulation S-B.
***Director Independence.***    
We currently do not have any independent directors, as the term"independent" is defined by the rules of the Nasdaq Stock Market(Note: Our shares of common stock are not listed on NASDAQ or any othernational securities exchange and this reference is used for definition purposesonly).  We currently only have onedirector on our Board of Directors.

24
******PART IV**
 **Item 13.**

**Exhibits, Financial Statement Schedules, andReports on Form 8-K**.

**Exhibit Number**

**Exhibit Title**

3.1

Articles of Incorporation  (incorporated by reference from our  Form 10-SB Registration Statement, filed December  4, 2006)

3.3

Bylaws (incorporated by reference from our Form 10-SB Registration  Statement, filed December  4, 2006)

31.a

Section 906 Certificate of CEO

31.b

Section 906  Certificate of CFO

32.a

Section 302 Certificate of CEO  & CFO

**Item 14. Principal Accountant Fees and Services**.

**Fees and Services**

We were formed October 2, 2006. George Stewart, CPA, audited our financial statements for fiscal 2007.   The following is an aggregate offees billed for each of the last year for professional services rendered by ourprincipal accountants:

**2007**

**2006**

Audit fees - auditing of  our annual financial statements and preparation of auditors' report.

$   2,000

$   2,000

Audit-related fees - review  of each of the quarterly financial statements.

3,000

0

Tax fees - preparation and  filing of three major tax-related forms and tax planning.

250

-

All other fees –  other services provided by our principal accountants.

-

-

Total fees paid or accrued  to our principal accountants

$   5,250

$   2,000

**Notes**:

(1)

This  number is an estimate only.

**Pre-Approval Policies and Procedures**

We understand the need for our principal accountants to maintainobjectivity and independence in their audit of our financial statements. Tominimize relationships that could appear to impair the objectivity of ourprincipal accountants, our audit committee has restricted the non-auditservices that our principal accountants may provide to us primarily to taxservices and review assurance services.

We are only to obtain non-audit services from our principal accountantswhen the services offered by our principal accountants are more effective oreconomical than services available from other service providers, and, to theextent possible, only after competitive bidding. These determinations are amongthe key practices adopted by the audit committee effective during fiscal 2006.The board has adopted policies and procedures for pre-approving work performedby our principal accountants.

After careful consideration, the audit committee of the board ofdirectors has determined that payment of the above audit fees is in conformancewith the independent status of our company's principal independentaccountants. Before engaging the auditors in additional services, the auditcommittee considers how these services will impact the entire engagement andindependence factors.

25
The Board of Directors has pre-approved specifically identifiednon-audit related services, including tax compliance, review of tax returns,documentation of processes and controls as submitted to the Board of Directorsfrom time to time.
**SIGNATURES**

In accordance with Section 13 or 15(d) of the Exchange Act, theregistrant caused this report to be signed on its behalf by the undersigned,thereunto duly authorized. 

                                                                

**  PREFERENTIAL EQUITIES CORP.**

/s/ Harry Miller** **

 By:  

   Harry Miller, President, CEO, Secretary, Treasurer, CFO,     Principal Accounting Officer and  sole Director

Date:

   March 31, 2008

                                                

In accordance with the Exchange Act, this report has been signed belowby the following persons on behalf of the registrant and in the capacitiesindicated, on March 31, 2008. 

 
   /s/ Harry Miller 
 By:  

   Harry Miller, President, CEO, Secretary, Treasurer, CFO,     Principal Accounting Officer and  sole Director

Date:

   March 31, 2008

26********************** |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|