**Exhibit      14**

**CODE      OF ETHICS FOR SENIOR EXECUTIVE**

**OFFICER      AND SENIOR FINANCIAL OFFICERS**

|   | 1. | The                Officers are responsible for full, fair, accurate, timely and                understandable disclosure in all periodic reports and financial                disclosures required to be filed by the Company with the SEC or disclosed                to stockholders and/or the public. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | Therefore,                the Officers shall immediately bring to the attention of the Audit                Committee, , any material information of which the employee becomes                aware                that affects the disclosures made by the Company in its public filings                and                assist the Audit Committee in fulfilling its responsibilities for                full,                fair, accurate, timely and understandable disclosure in all periodic                reports required to be filed with the                SEC. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3. | Each                of the Officers shall immediately bring to the attention of the Audit                Committee any information he may have                concerning: |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (a) | Defects,                deficiencies, or discrepancies related to the design or operation                of                internal controls which may affect the Company’s ability to accurately                record, process, summarize, report and disclose its financial data                or |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (b) | Any                fraud, whether or not material, that involves management or other                employees who have influential roles in the Company’s financial reporting,                disclosures or internal controls. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 4. | The                Officers shall promptly notify the Company’s General Counsel, or the CEO                as well as the Audit Committee of any information he or she may have                concerning any violation of the Company’s Code of Ethics, including any                actual or apparent conflicts of interest between personal and professional                relationships, involving any management or other employees who have                a                significant role in the Company’s financial reporting, disclosures or                internal controls. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 5. | The                Officers shall immediately bring to the attention of the General                Counsel                or the CEO and the Audit Committee any information he or she may                have                concerning evidence of a material violation of the securities or                other                laws, rules or regulation applicable to the Company and the operation                of                its business, by the Company or any agent of the                Company. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 6. | The                Board of Directors shall determine, or designate appropriate persons                to                determine, the appropriate actions to be taken in the event of a                reported                violation of the Code of Ethics. The actions taken shall be designed                to                deter wrongdoing and to promote accountability for adherence to the                Code                of Ethics. Such action may include a written notice to the individual                involved that the Board has determined that there has been a violation,                censure by the Board, demotion or re-assignment of the individual                involved, suspension without pay or benefits (as determined by the                Board)                and termination of employment.  |
|--|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | · | The nature and severity of the              violation; |
|--------|--------|--------------------------------------------------------|
|   |   |   |
|--------|--------|--------|
|   | · | Whether                the violations was a single occurrence or repeated                occurrences; |
|--------|--------|-------------------------------------------------------------------------------------------------------|

|   | · | Whether                the violation appears to have been intentional or                inadvertent; |
|--------|--------|------------------------------------------------------------------------------------------------------|

|   | · | Whether                the individual in question had been advised prior to the violation                as to                the proper course of action; and |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Whether                or not the individual in question has committed other violations                in the                past. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------|

----