(Address\ue000 of\ue000 Principal\ue000 Executive\ue000 Offices)
Registrant\u2019s\ue000 telephone\ue000 number,\ue000 including\ue000 area\ue000 code:\ue000 (973)\ue000 635-4047
Securities\ue000 registered\ue000 pursuant\ue000 to\ue000 Section\ue000 12(b)\ue000 of\ue000 the\ue000 Act:\ue000 None
Securities\ue000 registered\ue000 pursuant\ue000 to\ue000 section\ue000 12(g)\ue000 of\ue000 the\ue000 Act:

\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000Indicate\ue000 by\ue000 check\ue000 mark\ue000 whether\ue000 the\ue000 registrant\ue000 (1)\ue000 has\ue000 filed\ue000 all\ue000 reports\ue000 required\ue000 to\ue000 be\ue000 filed\ue000 by\ue000 Section\ue000 13\ue000 or\ue000 15(d)\ue000 of\ue000 the\ue000 Securities\ue000 Exchange Act\ue000 of\ue000 1934\ue000 during\ue000 the\ue000 preceding\ue000 12\ue000 months\ue000 (or\ue000 for\ue000 such\ue000 shorter\ue000 period\ue000 that\ue000 the\ue000 registrant\ue000 was\ue000 required\ue000 to\ue000 file\ue000 such\ue000 reports),\ue000 and\ue000 (2)\ue000 has\ue000 been subject\ue000 to\ue000 such\ue000 filing\ue000 requirements\ue000 for\ue000 the\ue000 past\ue000 90\ue000 days.\ue000 Yes\ue000x\ue000 No\ue000o

\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000Indicate\ue000 by\ue000 check\ue000 mark\ue000 if\ue000 disclosure\ue000 of\ue000 delinquent\ue000 filers\ue000 pursuant\ue000 to\ue000 Item\ue000 405\ue000 of\ue000 Regulation\ue000 S-K\ue000 is\ue000 not\ue000 contained\ue000 herein,\ue000 and\ue000 will\ue000 not\ue000 be contained,\ue000 to\ue000 the\ue000 best\ue000 of\ue000 registrant\u2019s\ue000 knowledge,\ue000 in\ue000 definitive\ue000 proxy\ue000 or\ue000 information\ue000 statements\ue000 incorporated\ue000 by\ue000 reference\ue000 in\ue000 Part\ue000 III\ue000 of\ue000 this\ue000 Form 10-K\ue000 or\ue000 any\ue000 amendment\ue000 to\ue000 this\ue000 Form\ue000 10-K.\ue000x

\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000Indicate\ue000 by\ue000 check\ue000 mark\ue000 whether\ue000 the\ue000 registrant\ue000 is\ue000 a\ue000 large\ue000 accelerated\ue000 filer,\ue000 an\ue000 accelerated\ue000 filer,\ue000 a\ue000 non-accelerated\ue000 filer,\ue000 or\ue000 smaller\ue000 reporting company.\ue000 See\ue000 the\ue000 definitions\ue000 of\ue000 \u201clarge\ue000 accelerated\ue000 filer,\u201d\ue000 \u201caccelerated\ue000 filer\u201d\ue000 and\ue000 \u201csmaller\ue000 reporting\ue000 company\u201d\ue000 in\ue000 Rule\ue000 12b-2\ue000 of\ue000 the\ue000 Exchange Act.\ue000 (Check\ue000 one):

Certain\ue000 statements\ue000 made\ue000 in\ue000 this\ue000 Annual\ue000 Report\ue000 on\ue000 Form\ue000 10-K\ue000 are\ue000 \u201cforward-looking\ue000 statements\u201d\ue000 regarding\ue000 the\ue000 plans\ue000 and\ue000 objectives\ue000 of
management\ue000 for\ue000 future\ue000 operations.\ue000 Such\ue000 statements\ue000 involve\ue000 known\ue000 and\ue000 unknown\ue000 risks,\ue000 uncertainties\ue000 and\ue000 other\ue000 factors\ue000 that\ue000 may\ue000 cause\ue000 our
actual\ue000 results,\ue000 performance\ue000 or\ue000 achievements\ue000 to\ue000 be\ue000 materially\ue000 different\ue000 from\ue000 any\ue000 future\ue000 results,\ue000 performance\ue000 or\ue000 achievements\ue000 expressed\ue000 or
implied\ue000 by\ue000 such\ue000 forward-looking\ue000 statements.\ue000 The\ue000 forward-looking\ue000 statements\ue000 included\ue000 herein\ue000 are\ue000 based\ue000 on\ue000 current\ue000 expectations\ue000 that
involve\ue000 numerous\ue000 risks\ue000 and\ue000 uncertainties.\ue000 Our\ue000 plans\ue000 and\ue000 objectives\ue000 are\ue000 based,\ue000 in\ue000 part,\ue000 on\ue000 assumptions\ue000 involving\ue000 judgments\ue000 with\ue000 respect\ue000 to,
among\ue000 other\ue000 things,\ue000 future\ue000 economic,\ue000 competitive\ue000 and\ue000 market\ue000 conditions\ue000 and\ue000 future\ue000 business\ue000 decisions,\ue000 all\ue000 of\ue000 which\ue000 are\ue000 difficult\ue000 or
impossible\ue000 to\ue000 predict\ue000 accurately\ue000 and\ue000 many\ue000 of\ue000 which\ue000 are\ue000 beyond\ue000 our\ue000 control.\ue000 Although\ue000 we\ue000 believe\ue000 that\ue000 our\ue000 assumptions\ue000 underlying\ue000 the

orward-looking\ue000 statements\ue000 included\ue000 herein\ue000 particularly\ue000 in\ue000 view\ue000 of\ue000 the\ue000 current\ue000 state\ue000 of\ue000 our\ue000 operations,\ue000 the\ue000 inclusion\ue000 of\ue000 such\ue000 information should\ue000 not\ue000 be\ue000 regarded\ue000 as\ue000 a\ue000 statement\ue000 by\ue000 us\ue000 or\ue000 any\ue000 other\ue000 person\ue000 that\ue000 our\ue000 objectives\ue000 and\ue000 plans\ue000 will\ue000 be\ue000 achieved.\ue000 Factors\ue000 that\ue000 could\ue000 cause actual\ue000 results\ue000 to\ue000 differ\ue000 materially\ue000 from\ue000 those\ue000 expressed\ue000 or\ue000 implied\ue000 by\ue000 such\ue000 forward-looking\ue000 statements\ue000 include,\ue000 but\ue000 are\ue000 not\ue000 limited\ue000 to,\ue000 the

actors\ue000 set\ue000 forth\ue000 herein\ue000 under\ue000 the\ue000 headings\ue000 \u201cBusiness,\u201d\ue000 \u201cManagement\u2019s\ue000 Discussion\ue000 and\ue000 Analysis\ue000 of\ue000 Financial\ue000 Condition\ue000 and\ue000 Results\ue000 of
Operations\u201d\ue000 and\ue000 \u201cRisk\ue000 Factors\u201d.\ue000 We\ue000 undertake\ue000 no\ue000 obligation\ue000 to\ue000 revise\ue000 or\ue000 update\ue000 publicly\ue000 any\ue000 forward-looking\ue000 statements\ue000 for\ue000 any\ue000 reason.
The\ue000 terms\ue000 \u201cwe\u201d,\ue000 \u201cour\u201d,\ue000 \u201cus\u201d,\ue000 or\ue000 any\ue000 derivative\ue000 thereof,\ue000 as\ue000 used\ue000 herein\ue000 refer\ue000 to\ue000 Twin\ue000 Lakes\ue000 Delaware,\ue000 Inc.