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                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">b)&nbsp;&nbsp;</font></div>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company issued 87,653,565 shares of Class A common stock with a fair value
      of $118,283 to reduce a convertible debenture in the amount of $96,500.
      The difference in the market value and the reduction in the convertible
      debenture was charged to beneficial interest in the amount of
      $21,783.</font></div>
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<div><font>b)  </font></div>
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<div><font>The
      Company issued 87,653,565 shares of Class A common stock with a fair value
      of $118,283 to reduce a convertible debenture in the amount of $96,500.
      The difference in the market value and the reduction in the convertible
      debenture was charged to beneficial interest in the amount of
      $21,783.</font></div>
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