Document:

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                                                                 EXHIBIT 10.22

                             The Companies Act, 1985

                           ----------------------------

                            COMPANY LIMITED BY SHARES

                           ----------------------------

                           Memorandum of Association of

                           ----------------------------

                         INTERNETSTUDIOS.COM UK LIMITED

1.  The name of the Company is INTERNETSTUDIOS.COM UK LIMITED.
2.  The Registered Office of the Company will be situated in England.
3.  The Objects for which the Company are established are:

   (a) To carry on, in conjunction  with each other or as
       separate and distinct undertakings, all or any of the following
       businesses: manufactures, imports, exporters, agents, dealers (both
       wholesale and retail) in all articles of commercial, manufacturing
       personal and  household  use  and consumption and in all kinds of raw
       material; warehousemen; storage contractors, shipping and forwarding
       agents; manufactures of an dealers in all types of equipment and
       machinery; dealers in property and estates; property developers and
       investors; property managers; to offer services of accountant,
       bookkeeper or secretary; estate agents, insurance agents and brokers,
       financiers, financial agents and to act as nominee, trustee, agent,
       factor, broker, executor, administrator, receiver for or otherwise
       on behalf of Companies, Corporations, firmsor persons, builders;
       scaffolders; contractors; sign makers; heating and ventilation engineers
       and contractors; refrigeration engineers, specialists and contractors;
       decorators; painters; bricklayers; carpenters; shuttering manufacturers
       and erectors; joiners, public works contractors; plasterers, plumbers,
       electricians, shop front fitters; carpet dealers and layers; builders and
       decorators' merchants; civil, mechanical, constructional,
       agricultural, consulting,  heating  electrical and general engineers;
       architects, welders, sheet metal workers; double glazing and window
       consultants; blacksmiths, motor engineers; garage proprietors; car
       dealers; car hire service, taxi proprietors and operators; travel agents,
       tour operators, proprietors of vehicles and vessels of all kinds,
       transport and haulage contractors; general engineers; tool makers;
       booking agents for, and managers of, theatres, cinemas and all other
       kinds of entertainments and sporting events; turf and sporting
       accountants in all their branches; proprietors of shops, cafes, clubs,
       hotels restaurants, catering contractors, dealers in foods and provisions
       of all kinds; wine and spirit merchants; butchers; grocers, greengrocers;
       fishmongers and poultry merchants; dealers in health foods; farmers;
       florists, horticulturists;  bakers; confectioners;

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       tobacconists; ironmongers, hardware merchants; dealers in plastics of all
       kinds, antique dealers; furniture manufacturers and dealers; leather and
       fancy goods dealers; jewelers, radio television and electrical retailers,
       dealers  and repairers,  toys, games and sports equipment  dealers;
       photographers and dealers in all kinds of photographic material and
       equipment, film producers and distributors; footwear manufacturers;
       textile merchants, tailors, fashion designers, ladies and gentlemen's
       outfitters, clothing manufacturing, boot and shoe retailers,
       perfumery and cosmetic dealers, hairdressers; manufacturing and retail
       chemists; medical suppliers; printers, publishers, stationers,
       advertising and publicity agents; public relation specialists,
       consultants, business transfer agents and employment agents; hire
       purchase and leasing operators; computer operators, programmers and
       dealers; video dealers, market research specialists; business advisers,
       mail order specialists; dyers and cleaners; dry cleaners, proprietors of
       launderettes, excavation and demolition contractors, locksmiths, security
       advisers, plant hirers, scrap iron and waste merchants and commodity
       traders and to carry on all or any of the said  business, and provide
       services in connection therewith, either together as one business or as
       separate and distinct businesses, in any part of the world.

   (b) To carry on any other business which, in the opinion of the
       Company, may be capable of being conveniently or profitably
       carried on in conjunction with or subsidiary to any other
       business of the Company and is calculated to enhance the value
       of the Company's property or further its objects or any of
       them.

   (c) To purchase or by any other means acquire freehold, leasehold
       or any other property for any estate or interest whatever,
       movable or immovable, or any interest in such property, and to
       sell, lease, let on hire, develop such property, or otherwise
       turn the same to the advantage of the Company.

   (d) To apply for, register or by other means acquire any patents,
       patent rights, brevets d'invention, licenses, trade marks,
       concessions and inventions and to use and turn to account the
       same or to develop, sell or assign the same or grant licenses
       or privileges in respect thereof or otherwise turn the same to
       the advantage of the Company.

   (e) To build, reconstruct or generally maintain buildings and
       works of all kinds, whether or not these are situate on the
       property of the Company.

   (f) To invest and deal with the monies of the Company in such
       shares or upon such securities and in such manner as from time
       to time may be determined.

   (g) To amalgamate with or to make any agreement or arrangement
       with or enter into partnership or joint purse agreement with
       any other company, firm or person carrying on business similar
       to complementary to the business of the Company or any part
       thereof.
                                     2
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   (h) To subscribe for, take purchase or otherwise acquire either
       for cash, shares or debentures in this Company or any other
       consideration any other company or business which, in the
       opinion of the Company, may be carried on so as directly or
       indirectly to benefit the Company.

   (i) To sell or otherwise dispose of the whole or any part of the
       business or property of the Company any consideration, shares
       or debentures as the Company may think fit.

   (j) To lend money to customers, associates and others both
       corporate and incorporate and to guarantee the observance and
       performance of obligations and contracts by customers and
       others.

   (k) To borrow or raise money in such manner as the Company thinks
       fit and secure the repayment thereof by the creation and issue
       of debentures, debenture stock, mortgages or in any other way.

   (l) To pay or remunerate any person, firm or company for rendering
       services to the Company in the promotion of the Company or the
       placing and issue or shares, debentures, debenture stock or
       other securities of the Company.

   (m) To support and subscribe to any funds and to subscribe to or
       assist in the promotion of any charitable, benevolent or
       public purpose or object for the benefit of the Company or its
       employees, directors or other officers past or present and to
       grant pensions to such persons or their dependants.

   (n) To draw, make, accept, endorse, discount and execute bills,
       warrants, notes or other negotiable or transferable
       instruments.

   (o) To assist in the promotion of or promote any company or
       undertaking which may appear likely to assist or benefit the
       Company and to place or guarantee the placing of, subscribe or
       underwrite or otherwise acquire any part of the stock,
       debentures, debenture stock or other obligations of such
       company.

   (p) To promote by way of advertising the Company's products and
       services in any manner and to reward customers or potential
       customers and to promote or take part in any scheme likely to
       benefit the Company.

   (q) To distribute in specie any of the shares, debentures or
       securities of the Company between the members of the Company
       in accordance with their rights.

   (r) To do all such other things as may be deemed incidental or
       conducive to the attainment of the above objects or any of
       them.

   All the foregoing objects shall be read and construed as separate and
   distinct objects and the generality of any such objects shall not be
   abridged or cut down by reference to any other object of the Company.

                                     3
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   4.  The liability of the members is limited.

   5.  The share capital of the Company is(pound)1,000 divided into 1,000 shares
       of (pound)1 each.

       We, the several persons whose names, addresses and descriptions are
       subscribed are desirous of being formed into a Company in Pursuance of
       this Memorandum of Association, and we respectively agree to take the
       number of shares in the capital of the Company set opposite our
       respective names.

   -----------------------------------------------------------------------------
   NAMES, ADDRESS AND DESCRIPTIONS      Number of shares taken by each subscribe
   OF SUBSCRIBERS
   -----------------------------------------------------------------------------
   GERALD LEWIN                                           ONE
   1st Floor Offices
   8-10 Stamford Hill
   London  N16 6XZ

   COMPANY REGISTRATION AGENT

   MICHAEL HOLDER                                         ONE
   1st Floor Offices
   8-10 Stamford Hill
   London  N16 6XZ

   COMPANY REGISTRATION AGENT
   -----------------------------------------------------------------------------

         Dates this 10th day of JANUARY 2000
         WITNESS to the above signature -

         VIVIENNE LEWIN

         1st Floor Offices
         8-10 Stamford Hill
         London  N16 6XZ

         COMPANY DIRECTOR

                                     4

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                             The Companies Act, 1985

                           ----------------------------

                            COMPANY LIMITED BY SHARES

                           ----------------------------

                            Articles of Association of

                          INTERNETSTUDIOS.COM UK LIMITED

                                   PRELIMINARY

1.  Subject as hereinafter provided, the regulations contained in Table A
    in the Companies (Tables A-F) Regulations 1985 (hereinafter referred to
    as Table A) shall apply to the Company.

2.  Regulations 2, 3 40, 64, 73-80 (inclusive), 94, 95, 96 and 99 of Table
    A aforesaid shall not apply to the Company, but the Articles
    hereinafter contained together with the remaining regulations of Table
    A, subject to the modifications hereinafter expressed, shall constitute
    the regulations of the Company.

                                    CAPITAL

3.  The initial share capital of the Company is (pound)1,000 divided into 1,000
    shares of (pound)1 each.

4.  The shares of the Company, whether forming part of the original capital or
    of any increased capital, may be allotted or otherwise disposed of to such
    persons and for such consideration and upon such terms as the Directors may
    determine subject, in the case of any shares forming part of any increased
    capital, to such directions as to the allotment or disposal thereof as
    may be given by the Company in general meeting at the time of the
    creation of such shares and subject also to the provisions of
    Regulation 2 in Table A.

5.  Subject to the provisions of the Act any Preference Shares may be
    issued on the terms that they are, or at the option of the Company are
    liable, to be redeemed.

                               TRANSFER OF SHARES

6.  Any share may be transferred by a member to his or her spouse or lineal
    descendant and any share of a deceased member may be transferred to any
    such relation as aforesaid of the deceased member. Save as aforesaid
    the Directors, in their absolute discretion and without assigning any
    reason therefor, may declined to register the transfer of any share
    whether or not it is a fully paid share. The first sentence of
    Regulation 24 shall not apply to the company.

                                     5
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                                  DIRECTORS

7.  No person shall be appointed a Director at any general meeting unless:

    (a) he is recommended by the Directors; or

   (b) not less than fourteen nor more than thirty-five clear days
       before the date appointed for the meeting, notice executed by
       a member qualified to vote at the meeting has been given to
       the Company of the intention to propose that person for
       appointment stating the particulars that would, if he were so
       appointed, be required to be included in the Company's
       register of Directors together with notice executed by that
       person of his willingness to be appointed.

8.  Subject as aforesaid, the Company may by ordinary resolution appoint a
    person who is willing to act to be a Director either to fill a vacancy
    or as an additional Director.

9.  The Directors may appoint a person who is willing to act to be a
    Director, either to fill a vacancy or as an additional Director,
    provided that the appointment does not cause the number of Directors to
    exceed any number fixed by or in accordance with the articles as the
    maximum number of Directors. A Director so appointed shall hold office
    only until the next following annual general meeting but shall be
    eligible for reappointment at such annual general meeting. If not so
    re-appointed he shall vacate office at the conclusion thereof.

10. A Director who has disclosed his interest in accordance with
    Regulations 85 and 86 of Table A and the provision of the Act may vote
    in respect of any contract, proposed contract or any arrangement in
    which he is interested directly or indirectly and such Director shall
    be counted in the quorum at any meeting at which such contract or
    proposed contract or arrangement is being considered.

11. A Director may hold any other office or place of profit under the
    Company (other than the office of Auditor) in conjunction with his
    office of Director for such period and on such terms (as to
    remuneration and otherwise) as the Directors may determine.

12. Any Director may act by himself or his firm in a professional capacity
    for the Company, and he or his firm shall be entitled to remuneration
    for professional services as if he were not a Director; provided that
    nothing herein contained shall authorize a Director to act as Auditor
    for the Company.

13. The Company shall not be subject to Section 293 of the Act, and
    accordingly any person may be appointed or elected as a Director
    whatever his age, and no Director shall be required to vacate his
    office of Director by reason of his attaining or having attended to age
    of seventy years or any other age.

                                     6
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                               BORROWING POWERS

14. The Directors may exercise all the powers of the Company to borrow
    money, and to mortgage or charge its undertaking, property and uncalled
    capital, or any part thereof, and, subject to Section 80 of the Act, to
    issue debentures, debenture stock, and other securities whether
    outright or as security for any debt, liability or obligation of the
    Company or of any third party.

                                  SECRETARY

15. The Secretary shall be appointed by the Directors for such term, at
    such remuneration and upon such conditions as they may think fit, and
    any Secretary so appointed may be removed by them. If at any time there
    shall be no Secretary or for any reasons no Secretary capable of
    acting, the Directors may appoint an assistant or deputy Secretary.

                                  DIRECTORS

16. The first Director of Directors of the Company shall be the persons
    named in the statement delivered under Section 10 of the Act.

17. Unless and until otherwise determined by the Company in General Meeting
    the number of Directors (other than alternate directors) shall not be
    less than one. If at any time and from time to time there shall be only
    one Director (other than alternate directors) of the Company such
    Director may act alone in exercising all the powers, discretions and
    authorities vested in the Directors, and regulation 89 in Table A shall
    be modified accordingly.

                                  SECRETARY

18. The first Secretary of the Company shall be the person named in the
    statement delivered under Section 10 of the Act.

                                     7

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                 NAMES, ADDRESS AND DESCRIPTIONS OF SUBSCRIBERS

            ----------------------------------------------------------

   GERALD LEWIN
   1st Floor Offices
   8-10 Stamford Hill
   London  N16 6XZ

   COMPANY REGISTRATION AGENT

   MICHAEL HOLDER
   1st Floor Offices
   8-10 Stamford Hill
   London  N16 6XZ

   COMPANY REGISTRATION AGENT

            ----------------------------------------------------------

   Dated this 10th day of JANUARY 2000

   WITNESS to the above signatures

   VIVIENNE LEWIN
   1st Floor Offices
   8-10 Stamford Hill
   London  N16 6XZ

   COMPANY DIRECTOR

                                     8<PAGE>

                                                                   EXHIBIT 10.23

                           InternetStudios.com, Inc.
                           Onlinefilmsales.com, LLC
                                1351 4th Street
                                    Suite 227
                            Santa Monica, CA 90401

                                                                  March 28, 2000

MediaChase Ltd.
8286 Santa Monica Boulevard
West Hollywood, CA  90046

Ladies and Gentlemen:

         This letter sets forth the principal terms of the agreement between
InternetStudios.com, Inc., a Nevada corporation ("InternetStudios"),
Onlinefilmsales.com, LLC, a Delaware limited liability company and a
wholly-owned subsidiary of InternetStudios ("Online"), MediaChase Ltd., a
Delaware corporation ("MediaChase"), StudioBuzz.com, LLC, a Delaware limited
liability company owned by MediaChase ("StudioBuzz"), ReporterTV.com, LLC, a
Delaware limited liability company owned by MediaChase ("ReporterTV"), The
Dot To Watch, LLC, a Delaware limited liability company owned by MediaChase
("TDTW") and ReporterTV.com, Inc., a Nevada corporation ("RTVN") regarding
(i) the formation and capitalization of StudioBuzz and ReporterTV, (ii)
Online's acquisition of an interest in StudioBuzz and ReporterTV; (iii)
MediaChase's acquisition of an interest in Online; and (iv) MediaChase's
agreement to provide certain consulting services to StudioBuzz and Online.
Such agreement is made with reference to the following:

         A. The Limited Liability Company Agreement of Online, dated of even
date herewith (the "OFS Operating Agreement").

         B. The Limited Liability Company Agreement of StudioBuzz, dated of
even date herewith (the "StudioBuzz Operating Agreement");

         C. The Limited Liability Company Agreement of ReporterTV, dated of
even date herewith (the "ReporterTV Operating Agreement");

         D. The Consulting Agreement between MediaChase and StudioBuzz, dated
of even date herewith (the "StudioBuzz Consulting Agreement");

         E. The Consulting Agreement between MediaChase and Online, dated of
even date herewith (the "Online Consulting Agreement");

<PAGE>

         F. The Contribution, Assignment and Assumption Agreement, dated of
even date herewith, between MediaChase and The Dot To Watch, LLC, a Delaware
limited liability company owned by MediaChase ("TDTW"), on the one hand, and
ReporterTV, on the other hand (the "RTV Contribution Agreement");

         G. The Contribution, Assignment and Assumption Agreement, dated of
even date herewith, between MediaChase and StudioBuzz (the "SB Contribution
Agreement");

         H. The Contribution, Assignment and Assumption Agreement, dated of
even date herewith, between RTVN and ReporterTV (the "RTVN Contribution
Agreement");

         I. The Contribution, Assignment and Assumption Agreements (other
than the RTV Contribution Agreement, the SB Contribution Agreement and the
RTVN Contribution Agreement) being executed concurrently herewith to
effectuate the transactions contemplated below (such contribution agreements,
together with the RTV Contribution Agreement and the SB Contribution
Agreement are collectively referred to herein as the "Contribution
Agreements");

         J. The Assignment of Lease and Landlord's Consent relating to the
transfer to ReporterTV of the Lease Agreement, dated September 30, 1999,
between MediaChase and RTVN, on the one hand, and Maxine Sonnenburg, on the
other hand (the "Lease Assignment"); and

         K. The Allonge, dated of even date herewith, transferring to
ReporterTV the Promissory Note executed by MediaChase in favor of Online (as
successor-in-interest to InternetStudios), as amended, and the termination
agreements releasing MediaChase from its obligations thereunder and under the
security documents executed in connection therewith ("Termination Documents").

The OFS Operating Agreement, the StudioBuzz Operating Agreement and the
ReporterTV Operating Agreement are collectively referred to as the "Operating
Agreements." The StudioBuzz Consulting Agreement and the Online Consulting
Agreement are sometimes collectively referred to as the "Consulting
Agreements." The Operating Agreements, the Consulting Agreements, the
Contribution Agreements, the Lease Assignment and the Termination Documents
are collectively referred to as the "Agreements."

         With reference to the above, the parties agree as follows:

         1.  In order to implement the transactions described in the
Agreements, the parties need to take various actions, including, without
limitation, the following:

             (a)  each of the parties shall use its reasonable and diligent
best efforts to execute such further documents and instruments and perform
such further acts as may be reasonably required or desirable to carry out the
provisions hereof and of the Agreements and the transactions contemplated
hereby and thereby, with the anticipation that all such matters will be
completed by April 30, 2000;

                                      2

<PAGE>

             (b)  dissolution of RTVN and TDTW; and

             (c)  obtaining all consents and approvals required as a result
of consummation of the transactions contemplated by the Agreements or the
written waiver of such by the parties required to give such consent.

         2.  Concurrently with the execution of this Agreement, Online agrees
to pay to MediaChase the amounts outstanding invoices for Online of $418,939.

         3.  ReporterTV and MediaChase hereby agree that MediaChase shall
have the right on a part-time basis to use following employees being
transferred from TDTW to ReporterTV: Dave Darmour, Terry Lee, Ben Daughtrey
and Michael Wright in connection with MediaChase's business; provided,
however, that MediaChase will promptly upon request reimburse ReporterTV for
a pro rated portion of the weekly base salary payable by ReporterTV to such
employees (based upon the amount of time during normal business hours that
MediaChase uses the employees services during such week) together with a
prorated portion of overhead associated with such employee, if applicable.
Notwithstanding the foregoing, MediaChase agrees that any provision of
services to MediaChase by any of the foregoing employees of ReporterTV shall
take into account the workload of such employee and in the event of any
conflict between the needs of ReporterTV and MediaChase, the needs of
ReporterTV with respect to utilization of such employee shall have priority.

         4.  ReporterTV hereby agrees to defend, indemnify and hold harmless
MediaChase and its principals, officers, directors, employees and affiliates
from and against any and all liabilities, losses, damages, costs and expenses
(including reasonable legal fees and expenses) associated with any claim or
action brought against them by a third party arising out of, relating to or
otherwise in connection with the Assets and Liabilities (as defined in the
RTV Contribution Agreement) being transferred or assumed by it under the RTV
Contribution Agreement or otherwise relating to its businesses; provided,
however, that the foregoing shall not be deemed to relieve MediaChase of its
obligation to indemnify ReporterTV or its affiliates to the extent provided
herein. StudioBuzz hereby agrees to defend, indemnify and hold harmless
MediaChase and its principals, officers, directors, employees and affiliates
from and against any and all liabilities, losses, damages, costs and expenses
(including reasonable legal fees and expenses) associated with any claim or
action brought against them by a third party arising out of, relating to or
otherwise in connection with the Assets and Liabilities (as defined in the SB
Contribution Agreement) being transferred or assumed by it under the SB
Contribution Agreement or otherwise relating to its businesses; provided,
however, that the foregoing shall not be deemed to relieve MediaChase of its
obligation to indemnify StudioBuzz or its affiliates to the extent provided
herein. MediaChase agrees to indemnify and hold harmless ReporterTV and
StudioBuzz and its principals, officers, directors, employees and affiliates
from and against any and all liabilities, losses, damages, costs and expenses
(including reasonable legal fees and expenses) associated with any claim or
action brought against them by a third party arising out of the liabilities
that are determined to be excluded from the Liabilities under the RTV
Contribution Agreement and the SB Contribution Agreement, respectively. The
party being

                                       3

<PAGE>

indemnified hereunder (the "indemnified party") shall notify the party
agreeing to indemnify such party (the "indemnifying party") promptly of any
such claim in writing, provided, however, that the failure to give such
notice shall not relieve the indemnifying party of the indemnifying party's
obligations hereunder except to the extent that the indemnifying party was
actually and materially prejudiced by such failure with the indemnified
party's liability limited to direct damages caused by such failure. The
indemnifying party will have the sole right to conduct the defense of any
such claim or action (with counsel reasonably satisfactory to the indemnified
party) and all negotiations for its settlement or compromise unless otherwise
agreed to in writing. However, if the indemnifying party, after receiving
notice of any such claim, fails promptly to begin the defense of such claim
or action, the indemnified party may (upon notice to the indemnifying party)
retain counsel and commence to undertake the defense, compromise, or
settlement of such claim or action and any such actions shall be at the
expense of the indemnifying party unless and until indemnifying party
undertakes the defense as contemplated herein. Neither party may enter into
any compromise or settlement that materially affects the other party without
the other party's written approval.

         5.  The parties agree that the amount set forth in Exhibit A of the
OFS Operating Agreement as InternetStudios' Capital Contribution, shall be
revised following the audit of InternetStudios' Balance Sheet as of March 31,
2000 to reflect the book value of the assets contributed by InternetStudios
to Online as of March 31, 2000.

         6.  This Agreement and the agreements referred to herein or therein
contain a full and complete statement of the terms of the mutual
understanding of the parties with respect to the subject matter hereof, and
supersede all prior and contemporaneous agreements, understandings,
proposals, representations and warranties. This Agreement can be amended only
by a writing signed by all parties who have signed this Agreement.

         7.  Except as otherwise provided, the provisions of this Agreement
and all duties, obligations and rights arising herefrom shall be governed by
and interpreted in accordance with the local laws of the State of California,
without giving effect to the principles of conflicts of laws thereof.

         8.  Whenever possible, each provision of this Agreement will be
interpreted in such manner as to be effective and valid under applicable law,
but if any provision hereof is held to be prohibited or invalid under
applicable law, either in whole or in part, such provision will be
ineffective only to the extent of such prohibition or invalidity, without
invalidating the remainder of such provision or the remaining provisions of
this Agreement.

                                       4

<PAGE>

         If the above accurately reflects the understanding of the parties,
please so indicate by executing this Agreement in the space provided below.

                                        INTERNETSTUDIOS.COM, LLC

                                        By:_________________________________

                                        Its:_________________________________

                                        ONLINEFILMSALES.COM, LLC

                                        By:_________________________________

                                        Its:_________________________________

Acknowledged and Agreed:

MEDIACHASE, LTD.

By:________________________________

Its:_______________________________

THE DOT TO WATCH, LLC

By:________________________________

Its:_______________________________

STUDIOBUZZ.COM, LLC

By:      InternetStudios.com, Inc.,
         Its Manager

         By:________________________
         Name:______________________

                                       5

<PAGE>

REPORTERTV.COM, LLC

By:      InternetStudios.com, Inc.,
         Its Manager

         By:________________________
         Name:______________________

REPORTERTV.COM, INC.

By:________________________________

Its:_______________________________

                                       6

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