Integrated Disclosure System
for Small Business Issuers
Regulation S-B
Item 509 -- Interest of Named Experts and Counsel
If an "expert" or "counsel" was hired on a contingent
basis, will receive a direct or indirect interest in the small business
issuer or was a promoter, underwriter, voting trustee, director, officer,
or employee, of the small business issuer, describe the contingent basis,
interest, or connection,
Expert--is a person who is named as preparing
or certifying all or part of the small business issuer's registration statement
or a report or valuation for use in connection with the registration statement.
Counsel--is counsel named in the prospectus as
having given an opinion on the validity of the securities being registered
or upon other legal matters concerning the registration or offering of the
securities.
Instruction to Item 509:
The small business issuer does not need to disclose the interest
of an expert (other than an accountant) or counsel if their interest (including
the fair market value of all securities of the small business issuer received
and to be received, or subject to options, warrants or rights received or
to be received) does not exceed $50,000.
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