You are on page 1of 5

0HVVLDQLFSURSKHFLHVIXOILOOHGGXULQJ

-HVXV&KULVWVILUVWFRPLQJ





























































*HQ+HZLOOEUXLVH6DWDQ
VKHDG+HE-Q
*HQ7KHERGLO\DVFHQVLRQWRKHDYHQLOOXVWUDWHG0N
*HQ7KH*RGRI6KHPZLOOEHWKH6RQRI 6KHP/X
*HQ$V$EUDKDP
VVHHGZLOOEOHVVDOOQDWLRQV$FWV
*HQ7KH3URPLVHPDGHWR$EUDKDP
V6HHG*DO
*HQ$SULHVWDIWHU0HOFKL]HGHN+HE
*HQ$.LQJDOVR+HE
*HQ7KH/DVW6XSSHUIRUHVKDGRZHG0W
*HQ7KH6HHGRI,VDDF5RP
*HQ7KH/DPERI*RGSURPLVHG-Q
*HQ$V,VDDF
VVHHGZLOOEOHVVDOOQDWLRQV*DO
*HQ7KH6HHGRI,VDDFSURPLVHGDVWKH5HGHHPHU+HE
*HQ7KHWLPHRI+LVFRPLQJ/X*DO
*HQ7KH6HHGRI-XGDK/X
*HQ&DOOHG6KLORKRU2QH6HQW-Q
*HQ7RFRPHEHIRUH-XGDKORVWLGHQWLW\-Q
*HQ7R+LPVKDOOWKHREHGLHQFHRIWKHSHRSOHEH-Q
([7KH*UHDW,$P-Q
([$/DPEZLWKRXWEOHPLVK3HW
([7KHEORRGRIWKH/DPEVDYHVIURPZUDWK5RP
([&KULVWLVRXU3DVVRYHU&RU
([1RWDERQHRIWKH/DPEWREHEURNHQ-Q
([+LVH[DOWDWLRQSUHGLFWHGDV<HVKXD$FWV
([+LV&KDUDFWHU+ROLQHVV/XNH$FWV
([7KH6SLULWXDO5RFNRI,VUDHO&RU
([+LV&KDUDFWHU0HUFLIXO/X
/HY7KHOHSHUFOHDQVHG6LJQWRSULHVWKRRG/X$FWV
/HY3UHILJXUHV&KULVW
VRQFHIRUDOOGHDWK+HE
/HY6XIIHULQJRXWVLGHWKH&DPS0W+HE
/HY7KH%ORRGWKHOLIHRIWKHIOHVK0W0N
/HY,WLVWKHEORRGWKDWPDNHVDWRQHPHQW-Q
/HY7KH'ULQNRIIHULQJ,IDQ\PDQWKLUVW-Q
1XP1RWDERQHRI+LPEURNHQ-RKQ
1XP7KHVHUSHQWRQDSROH&KULVWOLIWHGXS-Q
1XP7LPH,VKDOOVHHKLPEXWQRWQRZ*DO
'HXW7KLVLVRIDWUXWKWKDWSURSKHW-Q
'HXW+DG\HEHOLHYHG0RVHV\HZRXOGEHOLHYHPH-Q
'HXW6HQWE\WKH)DWKHUWRVSHDN+LVZRUG-Q
'HXW:KRHYHUZLOOQRWKHDUPXVWEHDUKLVVLQ-Q
'HXW&XUVHGLVKHWKDWKDQJVRQDWUHH*DO
5XWK&KULVWRXUNLQVPDQKDVUHGHHPHGXV(SK
6DP6KDOOEHDQDQRLQWHG.LQJWRWKH/RUG0W-Q
6DP'DYLG
V6HHG0W
6DPD7KH6RQRI*RG/X
6DP'DYLG
VKRXVHHVWDEOLVKHGIRUHYHU/X5HY
.L7KHERGLO\DVFHQVLRQWRKHDYHQLOOXVWUDWHG/X
&KU'DYLG
V6HHG0W
&KUD7RUHLJQRQ'DYLG
VWKURQHIRUHYHU/X
&KUD,ZLOOEH+LV)DWKHU+HP\6RQ+HE
-RE7KH5HVXUUHFWLRQSUHGLFWHG-Q
3VD7KHHQPLW\RINLQJVIRUHRUGDLQHG$FWV
3VD7RRZQWKHWLWOH$QRLQWHG &KULVW $FWV
3V+LV&KDUDFWHU+ROLQHVV-Q5HY
3V7RRZQWKHWLWOH.LQJ0W
3V'HFODUHGWKH%HORYHG6RQ0W
3VD7KH&UXFLIL[LRQDQG5HVXUUHFWLRQLQWLPDWHG$FWV
3VD/LIHFRPHVWKURXJKIDLWKLQ+LP-Q
3VD7KHPRXWKVRIEDEHVSHUIHFW+LVSUDLVH0W
3VD+LVKXPLOLDWLRQDQGH[DOWDWLRQ/X&RU
3VD:DVQRWWRVHHFRUUXSWLRQ$FWV
 RI

 3VD:DVWRDULVHIURPWKHGHDG-Q
 3VD7KHUHVXUUHFWLRQSUHGLFWHG/X
 3VD)RUVDNHQEHFDXVHRIVLQVRIRWKHUV&RU
 3VD:RUGVVSRNHQIURP&DOYDU\0\*RG0N
 3VD'DUNQHVVXSRQ&DOYDU\0W
 3VD7KH\VKRRWRXWWKHOLSDQGVKDNHWKHKHDG0W
 3VD+HWUXVWHGLQ*RGOHW+LPGHOLYHU+LP0W
 3VD%RUQWKH6DYLRXU/X
 3VD'LHGRIDEURNHQ UXSWXUHG KHDUW-Q
 3VD6XIIHUHGDJRQ\RQ&DOYDU\0N
 3VD+HWKLUVWHG-Q
 3VD7KH\SLHUFHG+LVKDQGVDQG+LVIHHW-Q
 3VD6WULSSHG+LPEHIRUHWKHVWDUHVRIPHQ/X
 3VD7KH\SDUWHG+LVJDUPHQWV-Q
 3VD+HFRPPLWWHG+LPVHOIWR*RG/X
 3VD6DWDQLFSRZHUEUXLVLQJWKH5HGHHPHU
VKHHO+HE
 3VD+LV5HVXUUHFWLRQGHFODUHG-Q
 3VD+HVKDOOEHWKHJRYHUQRURIWKHQDWLRQV&RO
 3VD,WLVILQLVKHG-Q
 3VD,DPWKH*RRG6KHSKDUG-Q
 3VD+LVH[DOWDWLRQSUHGLFWHG$FWV3KLO
 3VD+LVUHVXUUHFWLRQSUHGLFWHG$FWV
 3VD,QWRWK\KDQGV,FRPPLWP\VSLULW/X
 3VD+LVDFTXDLQWDQFHVIOHGIURP+LP0N
 3VD7KH\WRRNFRXQVHOWRSXW+LPWRGHDWK-Q
 3VD +HWUXVWHGLQ*RGOHW+LPGHOLYHUKLP0W
 3VD1RWDERQHRI+LPEURNHQ-Q
 3VD)DOVHZLWQHVVHVURVHXSDJDLQVW+LP0W
 3VD+HZDVKDWHGZLWKRXWDFDXVH-Q
 3VD+LVIULHQGVVWRRGDIDURII/X
 3VD7KHMR\RI+LVUHVXUUHFWLRQSUHGLFWHG-Q
 3VD+LVGHOLJKWWKHZLOORIWKH)DWKHU-Q
 3VD+HZDVWRSUHDFKWKH5LJKWHRXVQHVVLQ,VUDHO0W
 3VD&RQIURQWHGE\DGYHUVDULHVLQWKH*DUGHQ-Q
 3VD%HWUD\HGE\DIDPLOLDUIULHQG-Q
 3VD:RUGVRI*UDFHFRPHIURP+LVOLSV/X
 3VD7RRZQWKHWLWOH*RGRU(ORKLP+HE
 3VD$VSHFLDODQRLQWLQJE\WKH+RO\6SLULW0W+HE
 3VD&DOOHGWKH&KULVW 0HVVLDKRU$QRLQWHG /X
 3VD%HWUD\HGE\DIULHQGQRWDQHQHP\-Q
 3VD8QUHSHQWDQWGHDWKRIWKH%HWUD\HU0W$FWV
 3VD7RJLYHJLIWVWRPHQ(SK
 3VD$VFHQGHGLQWR+HDYHQ/X
 3VD+DWHGZLWKRXWDFDXVH-Q
 3VD$VWUDQJHUWRRZQEUHWKUHQ/X
 3VD=HDORXVIRUWKH/RUG
V+RXVH-Q
 3VD0HVVLDK
VDQJXLVKRI VRXOEHIRUHFUXFLIL[LRQ0W
 3VD0\VRXOLVH[FHHGLQJVRUURZIXO0W
 3VD*LYHQYLQHJDULQWKLUVW0W
 3VD7KH6DYLRXUJLYHQDQGVPLWWHQE\*RG-Q
 3VD*UHDWSHUVRQVZHUHWRYLVLW+LP0W
 3VD7KHFRUQRIZKHDWWRIDOOLQWRWKH*URXQG-Q
 3VD+LVQDPH<LQRQZLOOSURGXFHRIIVSULQJ-Q
 3VD$OOQDWLRQVVKDOOEHEOHVVHGE\+LP$FWV
 3VD+HZRXOGWHDFKLQSDUDEOHV0W
 3VDE7RVSHDNWKH:LVGRPRI*RGZLWKDXWKRULW\0W
 3VD7KH\VWRRGDIDURIIDQGZDWFKHG/X
 3VD(PPDQXHOWREHKLJKHUWKDQHDUWKO\NLQJV/X
 3VD'DYLG
V6HHGWKURQHNLQJGRPHQGXUHIRUHYHU/X
 3VD+LVFKDUDFWHU)DLWKIXOQHVV5HY
 3VD+HLVIURPHYHUODVWLQJ 0LFDK -Q
 3VD,GHQWLILHGDV0HVVLDQLFXVHGWRWHPSW&KULVW/X
 3VD+LVH[DOWDWLRQSUHGLFWHG$FWV(SK
 3VD+LVFKDUDFWHU*RRGQHVV0W
 RI


































































3VD7KH6XIIHULQJDQG5HSURDFKRI&DOYDU\-Q
3VD0HVVLDKLVWKH3UHH[LVWHQW6RQ+HE
3VD5LGLFXOHG0W
3VD6RQ RI'DYLG0W
3VD7RDVFHQGWRWKHULJKWKDQGRIWKH)DWKHU0N
3VD'DYLG
VVRQFDOOHG/RUG0W
3VD$SULHVWDIWHU0HOFKL]HGHN
VRUGHU+HE
3VD+LVFKDUDFWHU&RPSDVVLRQDWH*UDFLRXVHWDO0W
3VD0HVVLDK
V5HVXUUHFWLRQDVVXUHG/X&RU
3VD7KHUHMHFWHGVWRQHLV+HDGRIWKHFRUQHU0W
3VDD7KH%OHVVHG2QHSUHVHQWHGWR,VUDHO0W
3VDE7RFRPHZKLOH7HPSOHVWDQGLQJ0W
3VD7KH6HHGRI'DYLG WKHIUXLWRI+LV%RG\ /X
3VD7KHVXSUHPDF\RI'DYLG
V6HHGDPD]HVNLQJV0W
3VD7KHHDUWKO\PLQLVWU\RI&KULVWGHVFULEHG/X
3VD+HZLOOVHQGWKH6SLULWRI*RG-Q
6RQJ7KHDOWRJHWKHUORYHO\2QH-Q
,VD:KHQ,VDLDKVDZ+LVJORU\-Q
,VD3DUDEOHVIDOORQGHDIHDUV0W
,VD%OLQGHGWR&KULVWDQGGHDIWR+LVZRUGV$FWV
,VD7REHERUQRIDYLUJLQ/X
,VD7REH(PPDQXHO*RGZLWKXV0W
,VD&DOOHG(PPDQXHO0W
,VD$VWRQHRIVWXPEOLQJD5RFNRIRIIHQVH3HW
,VD+LVPLQLVWU\WREHJLQLQ*DOLOHH0W
,VD$FKLOGERUQ+XPDQLW\/X
,VD$6RQJLYHQ'HLW\/X-Q7LP
,VD'HFODUHGWREHWKH6RQRI*RGZLWKSRZHU5RP
,VD7KH:RQGHUIXO2QH3HOHK/X
,VD7KH&RXQVHOORU<DDW]0W
,VD7KH0LJKW\*RG(O*LERU0W
,VD7KH(YHUODVWLQJ)DWKHU$YL$GWK-Q
,VD7KH3ULQFHRI3HDFH6DU6KDORP-Q
,VD7RHVWDEOLVKDQHYHUODVWLQJNLQJGRP/X
,VD+LV &KDUDFWHU-XVW-Q
,VD1RHQGWRKLV*RYHUQPHQW7KURQHDQG3HDFH/X
,VD&DOOHGD1D]DUHQHWKH%UDQFK1HW]HU0W
,VD$URGRXWRI-HVVH6RQRI-HVVH/X
,VD7KHDQRLQWHG2QHE\WKH6SLULW0W
,VD+LV&KDUDFWHU:LVGRP8QGHUVWDQGLQJHWDO-Q
,VD+LV&KDUDFWHU7UXWK-Q
,VD7KH*HQWLOHVVHHN+LP-Q
,VD&DOOHG-HVXV<HVKXD0W
,VD7KH5HVXUUHFWLRQSUHGLFWHG,&RU
,VD+LVSRZHURI5HVXUUHFWLRQSUHGLFWHG-Q
,VD7KH0HVVLDKLVWKHSUHFLRXVFRUQHUVWRQH$FWV
,VD+HLQGLFDWHGK\SRFULWLFDOREHGLHQFHWR+LV:RUG0W
,VD7KHZLVHDUHFRQIRXQGHGE\WKH:RUG,&RU
,VD$5HIXJH$PDQVKDOOEHDKLGLQJSODFH0W
,VD+HZLOOFRPHDQGVDYH\RX0W
,VD7RKDYHDPLQLVWU\RIPLUDFOHV0W
,VD3UHFHGHGE\IRUHUXQQHU-Q
,VD%HKROG\RXU*RG-Q
,VD$VKHSKHUGFRPSDVVLRQDWHOLIHJLYHU-Q
,VD7KH6HUYDQWDVDIDLWKIXOSDWLHQWUHGHHPHU0W
,VD0HHNDQGORZO\0W
,VD+HEULQJVKRSHIRUWKHKRSHOHVV-Q
,VD7KHQDWLRQVVKDOOZDLWRQ+LVWHDFKLQJV-Q
,VD7KH/LJKW VDOYDWLRQ RIWKH*HQWLOHV/X
,VD+LVLVD:RUOGZLGHFRPSDVVLRQ0W
,VD%OLQGH\HVRSHQHG-Q
,VD+HLVWKHRQO\6DYLRXU$FWV
,VD+HZLOOVHQGWKH6SLULWRI*RG-Q
,VD+HZLOOEHWKH-XGJH-Q5RP
 RI


































































,VD7KH)LUVWDQGWKH/DVW-Q5HY
,VD+HFDPHDVD7HDFKHU-Q
,VD&DOOHGIURPWKHZRPE+LVKXPDQLW\0W
,VD$6HUYDQWIURPWKHZRPE/X3KLO
,VD+HLV6DOYDWLRQIRU,VUDHO/X
,VD+HLVWKH/LJKWRIWKH*HQWLOHV$FWV
,VD+HLV6DOYDWLRQXQWRWKHHQGVRIWKHHDUWK$FWV
,VD+HLVGHVSLVHGRIWKH1DWLRQ-Q
,VD+HDYHQLVFORWKHGLQEODFNDW+LVKXPLOLDWLRQ/X
,VD+HLVDOHDUQHGFRXQVHOORUIRUWKHZHDU\0W
,VD7KH6HUYDQWERXQGZLOOLQJO\WRREHGLHQFH0W
,VDD,JDYHP\EDFNWRWKHVPLWHUV0W
,VDE+HZDVVPLWWHQRQWKHFKHHNV0W
,VDF+HZDVVSDWXSRQ0W
,VD7RSXEOLVKJRRGWLGLQJVRISHDFH/X
,VD7KH6HUYDQWH[DOWHG$FWV(SK
,VD%HKROG0\6HUYDQW0W3KLO
,VD7KH6HUYDQWVKRFNLQJO\DEXVHG/X0W
,VD1DWLRQVVWDUWOHGE\PHVVDJHRIWKH6HUYDQW5RP
,VD+LVEORRGVKHGWRPDNHDWRQHPHQWIRUDOO5HY
,VD+LVSHRSOHZRXOGQRWEHOLHYH+LP-Q
,VDD+HZRXOGJURZXSLQDSRRUIDPLO\/X
,VDE$SSHDUDQFHRIDQRUGLQDU\PDQ3KLO
,VDD'HVSLVHG/X
,VDE5HMHFWHG0W
,VDF*UHDWVRUURZDQGJULHI/X
,VDG0HQKLGHIURPEHLQJDVVRFLDWHGZLWK+LP0N
,VDD+HZRXOGKDYHDKHDOLQJPLQLVWU\/X
,VDE+HZRXOGEHDUWKHVLQVRIWKHZRUOG3HW
,VDF7KRXJKWWREHFXUVHGE\*RG0W
,VDD%HDUVSHQDOW\IRUPDQNLQG
VWUDQVJUHVVLRQV/X
,VDE+LVVDFULILFHZRXOGSURYLGHSHDFHEHWZHHQPDQDQG*RG&RO
,VDF+LVEDFNZRXOGEHZKLSSHG0W
,VDD+HZRXOGEHWKHVLQEHDUHUIRUDOOPDQNLQG*DO
,VDE*RG
VZLOOWKDW+HEHDUVLQIRUDOOPDQNLQG-Q
,VDD2SSUHVVHGDQGDIIOLFWHG0W
,VDE6LOHQWEHIRUHKLVDFFXVHUV0W
,VDF6DFULILFLDOODPE-Q
,VDD&RQILQHGDQGSHUVHFXWHG0W
,VDE+HZRXOGEHMXGJHG-Q
,VDF.LOOHG0W
,VDG'LHVIRUWKHVLQVRIWKHZRUOG-Q
,VDD%XULHGLQDULFKPDQ
VJUDYH0W
,VDE,QQRFHQWDQGKDGGRQHQRYLROHQFH0N
,VDF1RGHFHLWLQKLVPRXWK-Q
,VDD*RG
VZLOOWKDW+HGLHIRUPDQNLQG-Q
,VDE$QRIIHULQJIRUVLQ0W
,VDF5HVXUUHFWHGDQGOLYHIRUHYHU0N
,VDG+HZRXOGSURVSHU-Q
,VDD*RGIXOO\VDWLVILHGZLWK+LVVXIIHULQJ-Q
,VDE*RG
VVHUYDQW5RP
,VDF+HZRXOGMXVWLI\PDQEHIRUH*RG5RP
,VDG7KHVLQEHDUHUIRUDOOPDQNLQG+HE
,VDD([DOWHGE\*RGEHFDXVHRIKLVVDFULILFH0W
,VDE+HZRXOGJLYHXSKLVOLIHWRVDYHPDQNLQG/X
,VDF*URXSHGZLWKFULPLQDOV/X
,VDG6LQEHDUHUIRUDOOPDQNLQG&RU
,VDH,QWHUFHGHWR*RGLQEHKDOIRIPDQNLQG/X
,VD5HVXUUHFWHGE\*RG$FWV
,VD$ZLWQHVV-Q
,VDD+HZRXOGFRPHWRSURYLGHVDOYDWLRQ-Q
,VDE,QWHUFHVVRUEHWZHHQPDQDQG*RG0W
,VD+HZRXOGFRPHWR=LRQDVWKHLU5HGHHPHU/X
,VDD7KH6SLULWRI*RGXSRQKLP0W
 RI
































































,VDE7KH0HVVLDKZRXOGSUHDFKWKHJRRGQHZV/X
,VDF3URYLGHIUHHGRPIURPWKHERQGDJHRIVLQDQGGHDWK-Q
,VD3URFODLPDSHULRGRIJUDFH-Q
-HUD'HVFHQGDQWRI'DYLG/X
-HUE7KH0HVVLDKZRXOGEH*RG-Q
-HUF7KH0HVVLDKZRXOGEHERWK*RGDQG0DQ7LP
-HU%RUQRIDYLUJLQ0W
-HU7KH0HVVLDKZRXOGEHWKHQHZFRYHQDQW0W
-HU'HVFHQGDQWRI'DYLG/X
(]H'HVFHQGDQWRI'DYLG/N
(]H'HVFHQGDQWRI'DYLG0W
'DQD+HZRXOGDVFHQGLQWRKHDYHQ$FWV
'DQE+LJKO\H[DOWHG(SK
'DQF+LVGRPLQLRQZRXOGEHHYHUODVWLQJ/X
'DQD7RPDNHDQHQGWRVLQV*DO
'DQE+HZRXOGEHKRO\/X
'DQ$QQRXQFHGWRKLVSHRSOH\HDUVWRWKHH[DFWGD\DIWHUWKHGHFUHHWRUHEXLOG
WKHFLW\RI-HUXVDOHP-Q 
'DQD.LOOHG0W
'DQE'LHIRUWKHVLQVRIWKHZRUOG+HE
'DQF.LOOHGEHIRUHWKHGHVWUXFWLRQRIWKHWHPSOH0W
'DQ0HVVLDKLQDJORULILHGVWDWH5HY
+RV+HZRXOGGHIHDWGHDWK&RU
-RHO2IIHUVDOYDWLRQWRDOOPDQNLQG5RP
0LFD%RUQLQ%HWKOHKHP0W
0LFE*RG
VVHUYDQW-Q
0LFF)URPHYHUODVWLQJ-Q
+DJ+HZRXOGYLVLWWKHVHFRQG7HPSOH/X
+DJ'HVFHQGDQWRI=HUXEEDEHO/X
=HFK*RG
VVHUYDQW-Q
=HFK3ULHVWDQG.LQJ+HE
=HFKD*UHHWHGZLWKUHMRLFLQJLQ-HUXVDOHP0W
=HFKE%HKHOGDV.LQJ-Q
=HFKF7KH0HVVLDKZRXOGEHMXVW-Q
=HFKG7KH0HVVLDKZRXOGEULQJVDOYDWLRQ/XNH
=HFKH7KH0HVVLDKZRXOGEHKXPEOH0W
=HFKI3UHVHQWHGWR-HUXVDOHPULGLQJRQDGRQNH\0W
=HFK7KHFRUQHUVWRQH(SK
=HFKD$W+LVFRPLQJ,VUDHOWRKDYHXQILWOHDGHUV0W
=HFKE5HMHFWLRQFDXVHV*RGWRUHPRYH+LVSURWHFWLRQ/X
=HFKF5HMHFWHGLQIDYRURIDQRWKHUNLQJ-Q
=HFK0LQLVWU\WRSRRUWKHEHOLHYLQJUHPQDQW0W
=HFKD8QEHOLHIIRUFHV0HVVLDKWRUHMHFWWKHP0W
=HFKE'HVSLVHG0W
=HFK6WRSVPLQLVWHULQJWRWKHWKRVHZKRUHMHFWHG+LP0W
=HFKD5HMHFWLRQFDXVHV*RGWRUHPRYHSURWHFWLRQ/X
=HFKE7KH0HVVLDKZRXOGEH*RG-Q
=HFKD%HWUD\HGIRUWKLUW\SLHFHVRIVLOYHU0W
=HFKE5HMHFWHG0W
=HFKF7KLUW\SLHFHVRIVLOYHUWKURZQLQWRWKHKRXVHRIWKH/RUG0W
=HFKG7KH0HVVLDKZRXOGEH*RG-Q
=HFKD7KH0HVVLDK
VERG\ZRXOGEHSLHUFHG-Q
=HFKE7KH0HVVLDKZRXOGEHERWK*RGDQGPDQ-Q
=HFKF7KH0HVVLDKZRXOGEHUHMHFWHG-Q
=HFKD*RG
VZLOO+HGLHIRUPDQNLQG-Q
=HFKE$YLROHQWGHDWK0W
=HFKF%RWK*RGDQGPDQ-Q
=HFKG,VUDHOVFDWWHUHGDVDUHVXOWRIUHMHFWLQJ+LP0W
0DOD0HVVHQJHUWRSUHSDUHWKHZD\IRU0HVVLDK0W
0DOE6XGGHQDSSHDUDQFHDWWKHWHPSOH0N
0DOF0HVVHQJHURIWKHQHZFRYHQDQW/X
0DO)RUHUXQQHULQWKHVSLULWRI(OLMDK0W
0DO)RUHUXQQHUZRXOGWXUQPDQ\WRULJKWHRXVQHVV/X
 RI

You might also like