##### Table of Contents



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-Q
 þ
    
    Quarterly report under Section 13 or 15(d) of the Securities Exchange Act of 1934.
 For the quarter ended June 30, 2009
 OR
 o
    
    Transition report under Section 13 or 15(d) of the Exchange Act.
 For the transition period from  to
 Commission file number 000-52428
 IOWA RENEWABLE ENERGY, LLC
  Iowa
    
    20-3386000(State or other jurisdiction of
    
    (I.R.S. Employer Identification No.)incorporation or organization)
 1701 East 7th Street, P.O. Box 2, Washington, Iowa 52353
 (319) 653-2890
  þ o
 o Yes o No
  Large accelerated filer o
    
    Accelerated filer o
    
    Non-accelerated filer o(Do not check if a smaller reporting company)
    
    Smaller reporting company þ
 o þ




---



##### 



INDEX
 Page No.PART I. FINANCIAL INFORMATION
    
    
    3Item 1. Unaudited Financial Statements
    
    
    3Item 2. Managements Discussion and Analysis of Financial Condition and Results of
Operations
    
    
    11Item 3. Quantitative and Qualitative Disclosures about Market Risk
    
    
    23Item 4T. Controls And Procedures
    
    
    23PART II. OTHER INFORMATION
    
    
    24Item 1. Legal Proceedings
    
    
    24Item 1A. Risk Factors
    
    
    24Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
    
    
    24Item 3. Defaults Upon Senior Securities
    
    
    24Item 4. Submission of Matters to Security Holders
    
    
    25Item 5. Other Information
    
    
    25Item 6. Exhibits
    
    
    25SIGNATURES
    
    
    26Exhibit 31.1Exhibit 31.2Exhibit 32.1Exhibit 32.2
   2




---



##### Table of Contents



PART I. FINANCIAL INFORMATION
 
 Item 1. Unaudited Financial Statements
 Iowa Renewable Energy, LLC
 Unaudited Balance Sheets

June 30, 2009 and September 30, 2008
 June 30,
    
    
    September 30,2009
    
    
    2008AssetsCurrent Assets:Cash and cash equivalents
    
    $
    297,972
    
    
    $
    189,474Due from broker
    
    
    183,323
    
    
    
    82,182Accounts receivable
    
    
    2,035,804
    
    
    
    4,469,451Derivative financial instruments
    
    
    
    
    
    
    65,141Federal incentive receivable
    
    
    251,863
    
    
    
    747,741Inventory
    
    
    3,472,463
    
    
    
    5,580,906Prepaids and other assets
    
    
    15,655
    
    
    
    43,6316,257,080
    
    
    
    11,178,526Property and Equipment:Land
    
    
    420,000
    
    
    
    420,000Plant and processing equipment
    
    
    40,717,683
    
    
    
    40,673,235Office building, furniture and fixtures
    
    
    572,632
    
    
    
    572,632Equipment and vehicles
    
    
    240,241
    
    
    
    226,42441,950,556
    
    
    
    41,892,291Accumulated depreciation
    
    
    (5,301,476
    )
    
    
    (3,313,970
    )36,649,080
    
    
    
    38,578,321Other Assets:Cash, restricted by loan agreement
    
    
    1,444,265
    
    
    
    1,044,817Financing costs, net
    
    
    364,497
    
    
    
    440,7901,808,762
    
    
    
    1,485,607$
    44,714,922
    
    
    $
    51,242,454Liabilities and Members EquityCurrent Liabilities:Current maturities of long-term debt
    
    $
    30,772,972
    
    
    $
    33,345,343Accounts payable and accrued expenses
    
    
    1,086,956
    
    
    
    2,295,121Derivative financial instruments
    
    
    370
    
    
    
    Total current liabilities
    
    
    31,860,298
    
    
    
    35,640,464Long-Term Debt
    
    
    
    
    
    
    CommitmentsMembers Equity:Member contributions, net of issuance costs, units outstanding
June 30, 2009 and September 30, 2008 26,331
    
    
    23,165,422
    
    
    
    23,165,422Accumulated (deficit)
    
    
    (10,310,798
    )
    
    
    (7,563,432
    )12,854,624
    
    
    
    15,601,990$
    44,714,922
    
    
    $
    51,242,454
   3




---



##### Table of Contents



Iowa Renewable Energy, LLC
 Unaudited Statements of Operations
 Three Months
    
    
    Three Months
    
    
    Nine Months
    
    
    Nine MonthsEnded
    
    
    Ended
    
    
    Ended
    
    
    EndedJune 30, 2009
    
    
    June 30, 2008
    
    
    June 30, 2009
    
    
    June 30, 2008Revenues:Sales
    
    $
    6,442,542
    
    
    $
    19,285,520
    
    
    $
    17,740,070
    
    
    $
    39,692,204Federal incentives
    
    
    772,524
    
    
    
    1,358,243
    
    
    
    2,691,060
    
    
    
    4,506,2297,215,066
    
    
    
    20,643,763
    
    
    
    20,431,130
    
    
    
    44,198,433Cost of sales
    
    
    6,698,271
    
    
    
    20,202,262
    
    
    
    21,179,322
    
    
    
    44,083,029Gross profit (loss)
    
    
    516,795
    
    
    
    441,501
    
    
    
    (748,192
    )
    
    
    115,404Operating expenses:General and administrative
    
    
    353,040
    
    
    
    439,936
    
    
    
    1,022,339
    
    
    
    1,037,853Depreciation
    
    
    9,500
    
    
    
    9,500
    
    
    
    28,500
    
    
    
    28,500362,540
    
    
    
    449,436
    
    
    
    1,050,839
    
    
    
    1,066,353Income (loss) before other
income (expense)
    
    
    154,255
    
    
    
    (7,935
    )
    
    
    (1,799,031
    )
    
    
    (950,949
    )Other income (expense):Interest income
    
    
    5,562
    
    
    
    18,610
    
    
    
    26,788
    
    
    
    72,556Interest expense
    
    
    (293,185
    )
    
    
    (480,327
    )
    
    
    (975,123
    )
    
    
    (1,812,300
    )Net (loss)
    
    $
    (133,368
    )
    
    $
    (469,652
    )
    
    $
    (2,747,366
    )
    
    $
    (2,690,693
    )Weighted average units outstanding
    
    $
    26,331
    
    
    
    26,331
    
    
    $
    26,331
    
    
    
    26,331Net (loss) per unit  basic and diluted
    
    $
    (5.07
    )
    
    $
    (17.84
    )
    
    $
    (104.34
    )
    
    $
    (102.19
    )
   4




---



##### Table of Contents



Iowa Renewable Energy, LLC
 Unaudited Statements of Cash Flows
Nine Months Ended March 31, 2009 and 2008
 Nine Months EndedJune 30,
    
    
    June 30,2009
    
    
    2008Cash Flows from Operating Activities:Net (loss)
    
    $
    (2,747,366
    )
    
    $
    (2,690,693
    )Adjustments to reconcile net (loss) to net cash provided by operating activities:Depreciation
    
    
    1,987,506
    
    
    
    1,987,506Amortization
    
    
    76,293
    
    
    
    76,292Unrealized (gain) loss on derivative financial instruments
    
    
    65,511
    
    
    
    (290,457
    )Change in working capital components:(Increase) decrease in due from broker
    
    
    (101,141
    )
    
    
    819,272Decrease in accounts receivable
    
    
    2,929,525
    
    
    
    1,893,918(Increase) decrease in inventory
    
    
    2,108,443
    
    
    
    (2,570,901
    )Decrease in prepaids and other assets
    
    
    27,976
    
    
    
    32,404(Decrease) increase in accounts payable and accrued expenses
    
    
    (1,208,165
    )
    
    
    1,162,329Net cash provided by operating activities
    
    
    3,138,582
    
    
    
    419,670Cash Flows from Investing Activities:Purchase and construction of property and equipment
    
    
    (58,265
    )
    
    
    (322,546
    )Sales tax and utility refund from construction of property and equipment
    
    
    
    
    
    
    813,455(Increase) in cash restricted
    
    
    (399,448
    )
    
    
    (1,015,862
    )Net cash (used in) investing activities
    
    
    (457,713
    )
    
    
    (524,953
    )Cash Flows from Financing Activities:Proceeds from long-term borrowings
    
    
    
    
    
    
    2,017,442Payment on long-term borrowings
    
    
    (2,572,371
    )
    
    
    (1,305,238
    )Net cash provided by (used in) financing activities
    
    
    (2,572,371
    )
    
    
    712,204Net increase in cash and cash equivalents
    
    
    108,498
    
    
    
    606,921Cash and cash equivalents:Beginning
    
    
    189,474
    
    
    
    725,522Ending
    
    $
    297,972
    
    
    $
    1,332,443
   5




---



##### Table of Contents



Iowa Renewable Energy, LLC
 Notes to Unaudited Financial Statements
 Note 1. Nature of Business, Basis of Presentation and Significant Accounting Policies
 Nature of business:
  Basis of presentation:
  Significant accounting policies:
 Use of estimates
 Concentrations of credit risk
 Cash and cash equivalents
 Restricted cash
 Accounts receivable
 Federal incentive payments and receivables
  6




---



##### Table of Contents



Iowa Renewable Energy, LLC
Notes to Unaudited Financial Statements
 Inventory
 Raw material
    
    $
    1,052,764Finished goods
    
    
    2,419,699$
    3,472,463
 Property and equipment
 YearsPlant and process equipment
    
    
    10  20Office building
    
    
    10  20Office equipment
    
    
    3  7Other equipment
    
    
    3  7
  Derivative instruments Accounting for Derivative Instruments and Hedging Activities
  Three Months
    
    
    Three Months
    
    
    Nine Months
    
    
    Nine MonthsEnded
    
    
    Ended
    
    
    Ended
    
    
    EndedJune 30, 2009
    
    
    June 30, 2008
    
    
    June 30, 2009
    
    
    June 30, 2008Realized (gain) loss
    
    $
    78,732
    
    
    $
    (83,503
    )
    
    $
    (590,856
    )
    
    $
    1,785,735Change in unrealized (gain) loss
    
    
    (38,194
    )
    
    
    395,930
    
    
    
    65,511
    
    
    
    (290,457
    )Net (gain) loss
    
    $
    40,538
    
    
    $
    312,427
    
    
    $
    (525,345
    )
    
    $
    1,495,278
 Financing costs
 Revenue recognition
  7




---



##### Table of Contents



Iowa Renewable Energy, LLC
Notes to Unaudited Financial Statements
 Cost of sales
 Three Months ended 6/30/09
    
    
    Three Months ended 6/30/08
    
    
    Nine Months Ended 6/30/09
    
    
    Nine Months Ended 6/30/08Cost of Revenue/Sales
    
    Dollars
    
    
    Percentage
    
    
    Dollars
    
    
    Percentage
    
    
    Dollars
    
    
    Percentage
    
    
    Dollars
    
    
    PercentageInput costs (soybean oil, animal fats,
chemicals, etc.)
    
    $
    5,123,683
    
    
    
    76.49
    %
    
    $
    18,209,472
    
    
    
    90.14
    %
    
    $
    17,272,714
    
    
    
    81.55
    %
    
    $
    38,045,120
    
    
    
    86.30
    %Plant wages and salaries
    
    
    204,265
    
    
    
    3.05
    
    
    
    252,149
    
    
    
    1.25
    
    
    
    579,133
    
    
    
    2.73
    
    
    
    762,398
    
    
    
    1.73Utilities and waste disposal
    
    
    350,838
    
    
    
    5.24
    
    
    
    555,272
    
    
    
    2.75
    
    
    
    876,620
    
    
    
    4.14
    
    
    
    1,103,881
    
    
    
    2.50Fees-procurement, operation mgmt
    
    
    33,541
    
    
    
    0.50
    
    
    
    106,849
    
    
    
    0.53
    
    
    
    90,938
    
    
    
    0.43
    
    
    
    255,914
    
    
    
    0.58(Gain) loss on derivative
financial instruments
    
    
    40,538
    
    
    
    0.61
    
    
    
    312,427
    
    
    
    1.55
    
    
    
    (525,345
    )
    
    
    (2.48
    )
    
    
    1,495,278
    
    
    
    3.39Depreciation
    
    
    653,002
    
    
    
    9.75
    
    
    
    653,002
    
    
    
    3.23
    
    
    
    1,959,006
    
    
    
    9.25
    
    
    
    1,959,006
    
    
    
    4.44Maintenance, supplies and
other expenses
    
    
    292,404
    
    
    
    4.36
    
    
    
    113,091
    
    
    
    0.55
    
    
    
    926,256
    
    
    
    4.38
    
    
    
    461,432
    
    
    
    1.06Total cost of revenue/sales
    
    $
    6,698,271
    
    
    
    100.00
    %
    
    $
    20,202,262
    
    
    
    100.00
    %
    
    $
    21,179,322
    
    
    
    100.00
    %
    
    $
    44,083,029
    
    
    
    100.00
    %
 Shipping and handling costs
 Income taxes
 Earnings (loss) per unit
 Subsequent Events:
 Recently Adopted Accounting Standards
 Interim Disclosures about Fair Value of Financial Instruments
 Subsequent
Events
  8




---



##### Table of Contents



Iowa Renewable Energy, LLC
Notes to Unaudited Financial Statements
 New Accounting Pronouncements
 The FASB Accounting Standards Codification and the
Hierarchy of Generally Accepted Accounting Principles  a replacement of SFAS No. 162
 Note 2. Major Customer
    Note 3. Long-Term Debt
  Note payable to Marshall Bank Group for term loan (A)
    
    $
    30,262,109Note payable to the Iowa Department of Economic Development (B)
    
    
    245,000Note payable to the Iowa Department of Transportation (C)
    
    
    270,863$
    30,777,972
 (A)
    
    On October 26, 2006, the Company entered into a $34,715,000 construction-term loan
agreement which was used to complete the biodiesel project. The loan consisted of two phases: a
construction phase where the Company made periodic requests for fund advances to meet
construction obligations and at the completion of construction the loan converted to a senior debt
instrument. The note bears variable interest at prime plus 0.25% (3.50% as of June 30, 2009) and
is due in monthly principal and interest payments of $373,000.(B)
    
    The Company has a $300,000 loan agreement and a $100,000 forgivable loan agreement with the
Iowa Department of Economic Development. The $300,000 loan is noninterest-bearing and due in
monthly payments of $5,000 beginning December 2006 for a term of 60 months with a balance as of
June 30, 2009 of $245,000. Borrowings under this agreement are collateralized by substantially all
of the Companys assets and will be subordinate to the $34,715,000 of financial institution debt.
The $100,000 loan is forgivable upon the completion of 36 months of the 60 month term.  9




---



##### Table of Contents



Iowa Renewable Energy, LLC
Notes to Unaudited Financial Statements
 (C)
    
    The $100,000 loan will be forgiven if the Company complies with certain employment and
production criteria defined in the agreement. In the event of noncompliance or default, the loan
will be repaid over a two year period starting with the date of noncompliance, including interest
at 6%.(D)
    
    The Company has a $132,000 loan agreement and a $168,000 forgivable loan agreement with the
Iowa Department of Transportation/Rail Development. The $132,000 loan bears an interest rate of
3.67% for five years, due in semi-annual payments of $14,569 beginning December 2008 for a term of
five years with a balance as of June 30, 2009 of $102,863. Borrowing under this agreement is
collateralized by substantially all of the Companys assets and is not subordinate to the
$34,715,000 of financial institution debt. The $168,000 loan is forgivable at the end of the five
year term provided all payments were made on the $132,000 loan.  Note 4. Contingencies
  Note 5. Going Concern
    10




---



##### Table of Contents



Item 2.
    
    Managements Discussion and Analysis of Financial Conditions and Results of Operations
  Forward Looking Statements
              
    
    national, state or local energy policy;
    
    federal and state biodiesel tax incentives;
    
    the RFS or other legislation mandating the use of biodiesel or other lubricity additives; or
    
    environmental laws and regulations that apply to our plant operations and their enforcement;
     11




---



##### Table of Contents



Overview
   
    
    Lack of biodiesel contracts at profitable margins;
    
    The inability to obtain adequate amounts of feedstock in a timely manner;
    
    The inability to obtain adequate amounts of feedstock at competitive costs;
    
    Lack of demand for biodiesel;
    
    Inadequate funds to obtain feedstock due to having to pay for feedstock while
waiting for payments from our biodiesel sales; and
    
    Insufficient working capital to operate our business.
   12




---



##### Table of Contents



13




---



##### Table of Contents



Results of Operations for the Three Months Ended June 30, 2009 and 2008
  Three Months Ended
June 30, 2009
    
    
    Three Months Ended
June 30, 2008(Unaudited)
    
    
    (Unaudited)Income Statement Data
    
    Amount
    
    
    Percent
    
    
    Amount
    
    
    PercentRevenues
    
    $
    7,215,066
    
    
    
    100.00
    %
    
    $
    20,643,763
    
    
    
    100.00
    %Cost of Goods Sold
    
    
    6,698,271
    
    
    
    92.84
    %
    
    
    20,202,262
    
    
    
    97.86
    %Gross Profit
    
    
    516,795
    
    
    
    7.16
    %
    
    
    441,501
    
    
    
    2.14
    %Operating Expenses
    
    
    362,540
    
    
    
    5.02
    %
    
    
    449,436
    
    
    
    2.18
    %Operating Income (Loss)
    
    
    154,255
    
    
    
    2.14
    %
    
    
    (7,935
    )
    
    
    (0.04
    %)Interest Income
    
    
    5,562
    
    
    
    0.07
    %
    
    
    18,610
    
    
    
    0.09
    %Interest Expense
    
    
    (293,185
    )
    
    
    (4.06
    %)
    
    
    (480,327
    )
    
    
    (2.33
    %)Net Income (Loss)
    
    
    (133,368
    )
    
    
    (1.85
    %)
    
    
    (469,652
    )
    
    
    (2.28
    %)
   14




---



##### Table of Contents



Revenues
  Three
Months Ended
June 30, 2009
    
    

Three
Months Ended
June 30, 2008Revenue Source
    
    Amount
    
    
    % of Revenues
    
    
    Amount
    
    
    % of RevenuesBiodiesel Sales
    
    $
    6,961,248
    
    
    
    96.5
    %
    
    $
    19,557,702
    
    
    
    94.7
    %Glycerin Sales
    
    
    100,142
    
    
    
    1.4
    %
    
    
    787,191
    
    
    
    3.8
    %Fatty Acid andSoapstock Sales
    
    
    153,676
    
    
    
    2.1
    %
    
    
    298,870
    
    
    
    1.5
    %Total Sales Revenue
    
    $
    7,215,066
    
    
    
    100.0
    %
    
    $
    20,643,763
    
    
    
    100.0
    %
     15




---



##### Table of Contents



Cost of Goods Sold
   16




---



##### Table of Contents



Operating Expenses
   17




---



##### Table of Contents



Other Income (Expenses)
  Results of Operations for the Nine Months Ended June 30, 2009 and 2008
  Nine Months Ended
June 30, 2009
    
    
    Nine Months Ended
June 30, 2008(Unaudited)
    
    
    (Unaudited)Income Statement Data
    
    Amount
    
    
    Percent
    
    
    Amount
    
    
    PercentRevenues
    
    $
    20,431,130
    
    
    
    100.00
    %
    
    $
    44,198,433
    
    
    
    100.00
    %Cost of Goods Sold
    
    
    21,179,322
    
    
    
    103.66
    %
    
    
    44,083,029
    
    
    
    99.74
    %Gross Profit (Loss)
    
    
    (748,192
    )
    
    
    (3.66
    %)
    
    
    115,404
    
    
    
    0.26
    %Operating Expenses
    
    
    1,050,839
    
    
    
    5.15
    %
    
    
    1,066,353
    
    
    
    2.41
    %Operating Loss
    
    
    (1,799,031
    )
    
    
    (8.81
    %)
    
    
    (950,949
    )
    
    
    (2.15
    %)Interest Income
    
    
    26,788
    
    
    
    0.13
    %
    
    
    72,556
    
    
    
    0.16
    %Interest Expense
    
    
    (975,123
    )
    
    
    (4.77
    %)
    
    
    (1,812,300
    )
    
    
    (4.10
    %)Net Loss
    
    $
    (2,747,366
    )
    
    
    (13.45
    %)
    
    $
    (2,690,693
    )
    
    
    (6.09
    %)
 Revenues
  Nine
Months Ended
June 30, 2009
    
    

Nine
Months Ended
June 30, 2008Revenue Source
    
    Amount
    
    
    % of Revenues
    
    
    Amount
    
    
    % of RevenuesBiodiesel Sales
    
    $
    19,769,573
    
    
    
    96.8
    %
    
    $
    40,461,206
    
    
    
    96.0
    %Glycerin Sales
    
    
    421,304
    
    
    
    2.0
    %
    
    
    1,344,663
    
    
    
    3.0
    %Fatty Acid and Soapstock Sales
    
    
    240,253
    
    
    
    1.2
    %
    
    
    392,564
    
    
    
    1.0
    %Total Sales Revenues
    
    $
    20,431,130
    
    
    
    100.0
    %
    
    $
    44,198,433
    
    
    
    100.0
    %
   18




---



##### Table of Contents



Cost of Goods Sold
  Operating Expense
  Interest Expense
  Changes in Financial Condition for the Nine Months Ended June 30, 2009
  June
30,
2009
    
    

September
30,
2008Current Assets
    
    $
    6,257,080
    
    
    $
    11,178,526Total Assets
    
    
    44,714,922
    
    
    
    51,242,454Current Liabilities
    
    
    31,860,298
    
    
    
    35,640,464Members Equity
    
    
    12,854,624
    
    
    
    15,601,990
 Current Assets
  Current Liabilities
  Members Equity
   19




---



##### Table of Contents



Liquidity and Capital Resources
 Cash Flow from Operating Activities
  Cash Flow used in Investing Activities
  Cash Flow provided by (used in) Financing Activities
  Short-Term and Long-Term Debt Sources
       20




---



##### Table of Contents



Grants and Government Programs
   Additional Equity Capital and Debt Financing
  
    
    Raising equity through one or more private placement offerings or a state
registered offering of the Companys membership units;
 
    
    Seeking additional sources of short-term debt financing and credit facilities;
 
    
    Refinancing our current debt financing and credit facilities; or
 
    
    Seeking strategic business opportunities, including with other biodiesel plants.
   21




---



##### Table of Contents



Commodity Price Risk Protection
    Distribution to Unit Holders
  Critical Accounting Estimates
  Revenue Recognition
  Derivative Instruments and Hedging Activities
   22




---



##### Table of Contents



Impairment of Long-Lived Assets
  Recently Adopted Accounting Standards
 Interim
Disclosures about Fair Value of Financial Instruments
 Subsequent Events
 New Accounting Pronouncements
 The FASB Accounting Standards Codification and the
Hierarchy of Generally Accepted Accounting Principles  a replacement of SFAS No. 162
 Off-balance Sheet Arrangements
  
 Item 3.
    
    Quantitative and Qualitative Disclosures about Market Risk
  
 Item 4T.
    
    Controls And Procedures
   23




---



##### Table of Contents



PART II. OTHER INFORMATION
 
 Item 1.
    
    Legal Proceedings.
  
 Item 1A.
    
    Risk Factors.
  
 Item 2.
    
    Unregistered Sales of Equity Securities and Use of Proceeds.
  
 Item 3.
    
    Defaults Upon Senior Securities.
    24




---



##### Table of Contents



Item 4.
    
    Submission of Matters to Security Holders.
  Affirmative
    
    
    Against
    
    
    AbstainDenny Mauser
    
    
    6249
    
    
    
    650
    
    
    
    185Warren Bush
    
    
    6149
    
    
    
    650
    
    
    
    185Richard Gallagher
    
    
    6924
    
    
    
    150
    
    
    
    160
  
 Item 5.
    
    Other Information.
  
 Item 6.
    
    Exhibits
  Exhibit
    
    
    
    Method ofNo.
    
    Description
    
    Filing31.1
    
    
    Certificate pursuant to 17 CFR 240 13a-14(a)
    
    *31.2
    
    
    Certificate pursuant to 17 CFR 240 13a-14(a)
    
    *32.1
    
    
    Certificate pursuant to 18 U.S.C. Section 1350
    
    *32.2
    
    
    Certificate pursuant to 18 U.S.C. Section 1350
    
    *
 (*)
    
    Filed herewith.  25




---



##### Table of Contents



SIGNATURES
  IOWA RENEWABLE ENERGY, LLCDate: August 19, 2009
    /s/ Michael BohannanMichael BohannanChairman and PresidentDate: August 19, 2009
    /s/ Todd WillsonTodd WillsonChief Financial Officer  26




---



##### Table of Contents



EXHIBIT INDEX
 Exhibit
    
    
    
    Method ofNo.
    
    Description
    
    Filing31.1
    
    
    Certificate pursuant to 17 CFR 240 13a-14(a)
    
    *31.2
    
    
    Certificate pursuant to 17 CFR 240 13a-14(a)
    
    *32.1
    
    
    Certificate pursuant to 18 U.S.C. Section 1350
    
    *32.2
    
    
    Certificate pursuant to 18 U.S.C. Section 1350
    
    *
 (*)
    
    Filed herewith.  27