Report Preview Details

0001165527-13-000266.txt : 20130318 0001165527-13-000266.hdr.sgml : 20130318 20130318164305 ACCESSION NUMBER: 0001165527-13-000266 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 9 CONFORMED PERIOD OF REPORT: 20130131 FILED AS OF DATE: 20130318 DATE AS OF CHANGE: 20130318 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Guar Global Ltd. CENTRAL INDEX KEY: 0001415751 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 980540833 STATE OF INCORPORATION: NV FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-52929 FILM NUMBER: 13698186 BUSINESS ADDRESS: STREET 1: 8275 SOUTHERN EASTERN AVENUE STREET 2: SUITE 200 CITY: LAS VEGAS STATE: NV ZIP: 89123 BUSINESS PHONE: 702 990 8402 MAIL ADDRESS: STREET 1: 8275 SOUTHERN EASTERN AVENUE STREET 2: SUITE 200 CITY: LAS VEGAS STATE: NV ZIP: 89123 FORMER COMPANY: FORMER CONFORMED NAME: ERE MANAGEMENT INC DATE OF NAME CHANGE: 20071019 10-Q 1 g6696.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2013 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ 000-52929 (Commission File Number) Guar Global Ltd. (Exact name of registrant as specified in charter) Nevada 98-0540833 (State or other jurisdiction (IRS Employer of incorporation) Identification No.) 8275 Southern Eastern Avenue, Suite 200 Las Vegas, Nevada, 89123 (Address of principal executive offices) (702) 990-8402 (Registrant's Telephone Number, including Area Code) Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirement for the past 90 days. Yes [X] No [ ] Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (ss.232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X] No [ ] Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of "larger accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one): Large accelerated filer [ ] Accelerated filer [ ] Non-accelerated filer [ ] Smaller reporting company [X] (Do not check if a smaller reporting company) Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b- 2 of the Exchange Act). Yes [X] No [ ] As of March 18, 2013, 73,200,000 shares of the issuer's common stock, $0.0001 par value, were outstanding. INDEX Page ---- PART I - FINANCIAL INFORMATION Item 1. Financial Statements (Unaudited) 3 Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 15 Item 3. Quantitative and Qualitative Disclosures About Market Risk 18 Item 4. Controls and Procedures 18 PART II - OTHER INFORMATION Item 1. Legal Proceedings 18 Item 1A. Risk Factors 18 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 18 Item 3. Defaults Upon Senior Securities 19 Item 4. Mine Safety Disclosures 19 Item 5. Other Information 19 Item 6. Exhibits 19 2 PART I. FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS Guar Global Ltd. (A Development Stage Company) Balance Sheets

See accompanying notes to the financial statements. 3 Guar Global Ltd. (A Development Stage Company) Statements of Operations

See accompanying notes to the financial statements. 4 Guar Global Ltd. (A Development Stage Company) Statements of Operations

See accompanying notes to the financial statements. 5 Guar Global Ltd. (A Development Stage Company) Statement of Stockholders' Equity (Deficit) For the Period from May 29, 2007 (Inception) through January 31, 2013 (Unaudited)

See accompanying notes to the financial statements. 6 Guar Global Ltd. (A Development Stage Company) Statements of Cash Flows

See accompanying notes to the financial statements. 7 Guar Global Ltd. (A Development Stage Company) January 31, 2013 and 2012 Notes to the Financial Statements (Unaudited) NOTE 1 - ORGANIZATION AND OPERATIONS INCORPORATION The Company was incorporated under the laws of the State of Nevada on May 29, 2007. The business plan of the Company is to develop software, specializing in providing sales tool solutions for the real estate industry. More specifically, the Company has developed an online Content Management System ("CMS") that enables real estate agents to build a website to showcase their listings. AMENDMENT TO THE ARTICLES OF INCORPORATION Effective March 14, 2012 the Board of Directors and the majority voting stockholders adopted and approved a resolution to amend its Articles of Incorporation to (a) increase the number of shares of authorized common stock from 20,000,000 to 300,000,000; (b) create 25,000,000 shares of "blank check" preferred stock, par value $0.0001, per share; (c) change the par value of each share of common stock from $0.001 per share to $0.0001 per share; and (d) effectuate a forward split of all issued and outstanding shares of common stock, at a ratio of thirty-for-one (30:1) (the "Stock Split"). All shares and per share amounts in the financial statements have been adjusted to give retroactive effect to the Stock Split. AMENDMENT TO THE ARTICLES OF INCORPORATION Effective September 24, 2012 the Board of Directors and the majority voting stockholders approved an amendment to the Company's Articles of Incorporation to change the name of the Company from "ERE Management, Inc." to "Guar Global Ltd." (the "Company"). NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION - UNAUDITED INTERIM FINANCIAL INFORMATION The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") for the interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission ("SEC") to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim period presented. Unaudited interim results are not necessarily indicative of the results for the full fiscal year. These financial statements should be read in conjunction with the audited financial statements of the Company for the fiscal year ended July 31, 2012 and notes thereto contained in the Company's Annual Report on Form 10-K filed with the SEC on October 29, 2012. DEVELOPMENT STAGE COMPANY The Company is a development stage company as defined by section 915-10-20 of the FASB Accounting Standards Codification. The Company is still devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced. All losses accumulated since inception have been considered as part of the Company's development stage activities. 8 USE OF ESTIMATES AND ASSUMPTIONS The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reporting amounts of revenues and expenses during the reporting period. The Company's significant estimates and assumptions include the fair value of financial instruments; income tax rate, income tax provision, deferred tax assets and valuation allowance of deferred tax assets; the carrying value and recoverability of long-lived assets, including the values assigned to an estimated useful lives of website development costs and the assumption that the Company will be a going concern. Those significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to those estimates or assumptions, and certain estimates or assumptions are difficult to measure or value. Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates. FAIR VALUE OF FINANCIAL INSTRUMENTS The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification ("Paragraph 820-10-35-37") to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by paragraph 820-10-35-37 of the FASB Accounting Standards Codification are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The carrying amounts of the Company's financial assets and liabilities, such as cash, prepaid expenses, accounts payable and accrued expenses, approximate their fair values because of the short maturity of these instruments. Transactions involving related parties cannot be presumed to be carried out on an arm's-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, 9 if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm's-length transactions unless such representations can be substantiated. It is not, however, practical to determine the fair value of advances from stockholders, if any, due to their related party nature. FISCAL YEAR-END The Company elected July 31 as its fiscal year ending date. CASH EQUIVALENTS The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents. RELATED PARTIES The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions. Pursuant to section 850-10-20 the related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 825-10-15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g. other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d. amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement. COMMITMENTS AND CONTINGENCIES The Company follows subtopic 450-20 of the FASB Accounting Standards Codification to report accounting for contingencies. Certain conditions may exist as of the date the consolidated financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or unasserted claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein. If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company's consolidated financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. 10 Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time, that these matters will have a material adverse effect on the Company's consolidated financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company's business, financial position, and results of operations or cash flows. REVENUE RECOGNITION The Company applies paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. INCOME TAX PROVISION The Company adopted the provisions of paragraph 740-10-25-13 of the FASB Accounting Standards Codification. Paragraph 740-10-25-13.addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under paragraph 740-10-25-13, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Paragraph 740-10-25-13 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of paragraph 740-10-25-13. The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying consolidated balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its consolidated balance sheets and provides valuation allowances as management deems necessary. Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. In management's opinion, adequate provisions for income taxes have been made for all years. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary. UNCERTAIN TAX POSITIONS The Company did not take any uncertain tax positions and had no adjustments to unrecognized income tax liabilities or benefits pursuant to the provisions of Section 740-10-25 for the interim period ended January 31, 2013 or 2012. NET INCOME (LOSS) PER COMMON SHARE Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants. There were no potentially outstanding dilutive shares for the interim period ended January 31, 2013 or 2012. 11 CASH FLOWS REPORTING The Company adopted paragraph 230-10-45-24 of the FASB Accounting Standards Codification for cash flows reporting, classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method ("Indirect method") as defined by paragraph 230-10-45-25 of the FASB Accounting Standards Codification to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments. The Company reports the reporting currency equivalent of foreign currency cash flows, using the current exchange rate at the time of the cash flows and the effect of exchange rate changes on cash held in foreign currencies is reported as a separate item in the reconciliation of beginning and ending balances of cash and cash equivalents and separately provides information about investing and financing activities not resulting in cash receipts or payments in the period pursuant to paragraph 830-230-45-1 of the FASB Accounting Standards Codification. SUBSEQUENT EVENTS The Company follows the guidance in Section 855-10-50 of the FASB Accounting Standards Codification for the disclosure of subsequent events. The Company will evaluate subsequent events through the date when the financial statements were issued. Pursuant to ASU 2010-09 of the FASB Accounting Standards Codification, the Company as an SEC filer considers its financial statements issued when they are widely distributed to users, such as through filing them on EDGAR. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS FASB ACCOUNTING STANDARDS UPDATE NO. 2011-08 In September 2011, the FASB issued the FASB Accounting Standards Update No. 2011-08 "INTANGIBLES--GOODWILL AND OTHER: TESTING GOODWILL FOR IMPAIRMENT" ("ASU 2011-08"). This Update is to simplify how public and nonpublic entities test goodwill for impairment. The amendments permit an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test described in Topic 350. Under the amendments in this Update, an entity is not required to calculate the fair value of a reporting unit unless the entity determines that it is more likely than not that its fair value is less than its carrying amount. The guidance is effective for interim and annual periods beginning on or after December 15, 2011. Early adoption is permitted. FASB ACCOUNTING STANDARDS UPDATE NO. 2011-11 In December 2011, the FASB issued the FASB Accounting Standards Update No. 2011-11 "BALANCE SHEET: DISCLOSURES ABOUT OFFSETTING ASSETS AND LIABILITIES" ("ASU 2011-11"). This Update requires an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. The objective of this disclosure is to facilitate comparison between those entities that prepare their financial statements on the basis of U.S. GAAP and those entities that prepare their financial statements on the basis of IFRS. The amended guidance is effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. FASB ACCOUNTING STANDARDS UPDATE NO. 2012-02 In July 2012, the FASB issued the FASB Accounting Standards Update No. 2012-02 "INTANGIBLES--GOODWILL AND OTHER (TOPIC 350) TESTING INDEFINITE-LIVED INTANGIBLE ASSETS FOR IMPAIRMENT" ("ASU 2012-02"). This Update is intended to reduce the cost and complexity of testing indefinite-lived intangible assets other than goodwill for impairment. This guidance builds upon the guidance in ASU 2011-08, entitled TESTING GOODWILL FOR 12 IMPAIRMENT. ASU 2011-08 was issued on September 15, 2011, and feedback from stakeholders during the exposure period related to the goodwill impairment testing guidance was that the guidance also would be helpful in impairment testing for intangible assets other than goodwill. The revised standard allows an entity the option to first assess qualitatively whether it is more likely than not (that is, a likelihood of more than 50 percent) that an indefinite-lived intangible asset is impaired, thus necessitating that it perform the quantitative impairment test. An entity is not required to calculate the fair value of an indefinite-lived intangible asset and perform the quantitative impairment test unless the entity determines that it is more likely than not that the asset is impaired. This Update is effective for annual and interim impairment tests performed in fiscal years beginning after September 15, 2012. Earlier implementation is permitted. OTHER RECENTLY ISSUED, BUT NOT YET EFFECTIVE ACCOUNTING PRONOUNCEMENTS Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying financial statements. NOTE 3 - GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in the accompanying financial statements, the Company had a deficit accumulated during the development stage at January 31, 2013, and a net loss and net cash used in operating activities for the interim period then ended, respectively, with no revenues earned since inception. These factors raise substantial doubt about the Company's ability to continue as a going concern. While the Company is attempting to commence operations and generate revenues, the Company's cash position may not be significant enough to support the Company's daily operations. Management intends to raise additional funds by way of a public or private offering. Management believes that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity for the Company to continue as a going concern. While the Company believes in the viability of its strategy to increase revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company's ability to further implement its business plan and generate revenues. The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. NOTE 4 - RELATED PARTY TRANSACTIONS ADVANCES FROM STOCKHOLDER From time to time, stockholders of the Company advance funds to the Company for working capital purpose. Those advances are unsecured, non-interest bearing and due on demand. NOTE 5 - CONVERTIBLE NOTES PAYABLE On November 9, 2012, the Company entered into a loan agreement. The balance of $200,000 is due on November 9, 2013, bears interest at 10% per year and is convertible at $0.25 per share, at the discretion of the holder. Interest outstanding at January 31, 2013 is $4,547. $150,000 of the $200,000 received was advanced for a potential acquisition in Hong Kong. To date, $83,790 of the funds advanced for a potential acquisition in Hong Kong have been spent on expenditures for the benefit of the Company. There is sufficient doubt upon the recoverability on the remaining funds and, as such, the Company has recorded an impairment allowance of $66,210. 13 On January 16, 2013, the Company entered into a loan agreement. The balance of $50,000 is due on January 16, 2014, bears interest at 10% per year and is convertible at $0.25 per share, at the discretion of the holder. Interest outstanding at January 31, 2013 is $206. The $50,000 that was received was advanced for a potential acquisition in Hong Kong. There is sufficient doubt upon the recoverability of these funds and, as such, the Company has recorded an impairment allowance of $50,000. NOTE 6 - STOCKHOLDERS' EQUITY SHARES AUTHORIZED Upon formation the total number of shares of common stock which the Company is authorized to issue is Twenty Million (20,000,000) shares, par value $0.001 per share. Effective March 14, 2012 the Board of Directors and the majority voting stockholders adopted and approved a resolution to amend its Articles of Incorporation to (a) increase the number of shares of authorized common stock from 20,000,000 to 300,000,000; (b) create 25,000,000 shares of "blank check" preferred stock, par value $0.0001, per share; (c) change the par value of each share of common stock from $0.001 per share to $0.0001 per share; and (d) effectuate a forward split of all issued and outstanding shares of common stock, at a ratio of thirty-for-one (30:1) (the "Stock Split"). All shares and per share amounts in the financial statements have been adjusted to give retroactive effect to the Stock Split. COMMON STOCK On July 16, 2007, the Company issued 48,000,000 shares of its common stock to Mr. Imperial for cash proceeds of $20,000. On July 17, 2007, Mr. Imperial was elected to the Board of Directors, and became the President, Secretary, and Treasurer of the Company. On January 24, 2008, the Company completed and closed an offering by selling 25,200,000 shares, of the 36,000,000 registered shares, of its common stock, par value of $0.0001 per share, at an offering price of $0.0017 per share for gross proceeds of $42,000. Costs associated with this offering were $13,500. NOTE 7 - SUBSEQUENT EVENTS The Company has evaluated all events that occurred after the balance sheet date through the date when the financial statements were issued to determine if they must be reported. The Management of the Company determined that there were no reportable subsequent events to be disclosed. 14 ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS This Report on Form 10-Q contains forward-looking statements that involve risks and uncertainties. You should not place undue reliance on these forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons, including the risks described in this report, our Registration Statement on Form SB-2 and other filings we make from time to time with the Securities and Exchange Commission. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made. We do not intend to update any of the forward-looking statements after the date of this report to conform these statements to actual results or to changes in our expectations, except as required by law. This discussion and analysis should be read in conjunction with the unaudited interim financial statements and notes thereto included in this Report and the audited financials in our Annual Report on Form 10-K for the year ended July 31, 2012, filed with the Securities and Exchange Commission. In this Quarterly Report on Form 10-Q, references to "dollars" and "$" are to United States dollars and, unless otherwise indicated, references to "we," "our," "us," the "Company," "GGBL," or the "Registrant" refer to Guar Global Ltd., a Nevada corporation. OVERVIEW We are a development stage company with limited operations and no revenues from our business activities. Our registered independent auditors have issued a going concern opinion. This means that our registered independent auditors believe there is substantial doubt that we can continue as an on-going business for the next 12 months. We do not anticipate that we will generate significant revenues until we have implemented our marketing plan to generate customers. Accordingly, we must raise cash from sources other than our operations in order to implement our marketing plan. In our management's opinion, there is a need for software that allows real estate agents with no technical knowledge to build websites and post their listings and to maintain and update the websites with new product listings easily and quickly. We are focused on developing such CMS software products and offering them to independent and non-independent real estate agents. Secondarily, with respect to our guar gum business, which we commenced on October 1, 2012, we plan to produce guar gum in northwest India for export internationally to the oil and gas sector. We plan to use new technology and specialized research to increase fields of guar seed and produce hydroxypropyl guar gum, a gelling agent used in hydraulic fracturing for natural gas extraction. 15 We have been unable to raise additional funds to implement our operations, and we do not believe that we currently have sufficient resources to do so without additional funding. As a result of the current difficult economic environment and our lack of funding to implement our business plan, our Board of Directors has begun to analyze strategic alternatives available to our Company to continue as a going concern. Such alternatives include raising additional debt or equity financing or consummating a merger or acquisition with a partner that may involve a change in our business plan. Although our Board of Directors' preference would be to obtain additional funding to develop our software, the Board believes that it must consider all viable strategic alternatives that are in the best interests of our shareholders. Such strategic alternatives include a merger, acquisition, share exchange, asset purchase, or similar transaction in which our present management will no longer be in control of our Company and our business operations will be replaced by that of our transaction partner. We believe we would be an attractive candidate for such a business combination due to the perceived benefits of being a publicly registered company, thereby providing a transaction partner access to the public marketplace to raise capital. We have had preliminary discussions with potential business combination partners, but have not signed a definitive agreement to engage in a strategic transaction as of the period covered by this quarterly report. Any such business combination and the selection of a partner for such a business combination involves certain risks, including analyzing and selecting a business partner that is compatible to engage in a transaction with us or has business operations that are or will prove to be profitable. In the event we select a partner for a strategic transaction and sign a definitive agreement to consummate such a transaction, we will report this event on a Form 8-K to be filed with the Securities and Exchange Commission. If we are unable to locate a suitable business combination partner and are otherwise unable to raise additional funding, we will likely be forced to cease business operations. PLAN OF OPERATION Our specific goal is to develop our software product and to execute our marketing plan. Initially, we plan to commence marketing of our software product via direct distribution channels. We are currently devising our marketing strategy which we plan to begin to implement in the coming fiscal quarters. We will also distribute our software products through our website and third-party websites that sell complementary software programs. Third-party websites will be compensated via a commission for their sales. RESULTS OF OPERATIONS REVENUES We had no revenues for the period from May 29, 2007 (date of inception), through Januarr 31, 2013. 16 EXPENSES Our operating expenses for the six months ended January 31, 2013 and 2012, were $116,657 and $14,694, respectively. Our operating expenses for the three months ended January 31, 2013 and 2012, were $111,570 and $9,258, respectively. Our operating expenses for the period from May 29, 2007 (date of inception), through January 31, 2013 were $243,340. These expenses were comprised primarily of legal fees, transfer agent fees, accounting and audit fees, filing fees, and consulting fees. NET LOSS Our net loss for the six months ended January 31, 2013 and 2012 was $237,620 and $14,694, respectively. Our net loss for the three months ended January 31, 2013 and 2012 was $232,533 and $9,258, respectively. Our net loss for the period from May 29, 2007 (date of inception), through January 31, 2013 was $356,853. PURCHASE OR SALE OF EQUIPMENT We do not expect to purchase or sell any plant or significant equipment. LIQUIDITY AND CAPITAL RESOURCES Our balance sheet as of January 31, 2013, reflects assets of $42,815 in the form of cash , and prepaid expenses. Since inception, we have sold 73,200,000 shares of common stock with gross proceeds of $48,500. However, cash resources provided from our capital formation activities have, from inception, been insufficient to provide the working capital necessary to operate our Company. We anticipate generating losses in the near term, and therefore, may be unable to continue operations in the future. If we require additional capital, we would have to issue debt or equity or enter into a strategic arrangement with a third party. There can be no assurance that additional capital will be available to us. We currently have no agreements, arrangements, or understandings with any person to obtain funds through bank loans, lines of credit, or any other sources. GOING CONCERN CONSIDERATION In their report on our financial statements as of July 31, 2012, our registered independent auditors included a paragraph regarding our ability as a Company to continue as a going concern. We have also included a note to the accompanying unaudited financial statements as of January 31, 2013, that describes the circumstances that pertain to this matter. OFF-BALANCE SHEET ARRANGEMENTS We have no off-balance sheet arrangements. 17 ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK Not applicable. ITEM 4. CONTROLS AND PROCEDURES We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the SECURITIES EXCHANGE ACT OF 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms, and that such information is accumulated and communicated to our management, including our president (our principal executive officer and our principal financial officer and principle accounting officer) to allow for timely decisions regarding required disclosure. As of January 31, 2013, the end of our quarter covered by this Report, we carried out an evaluation, under the supervision and with the participation of our president (our principal executive officer and our principal financial officer and principle accounting officer), of the effectiveness of the design and operation of our disclosure controls and procedures. Based on the foregoing, our president (our principal executive officer and our principal financial officer and principle accounting officer) concluded that our disclosure controls and procedures were effective as of the end of the period covered by this Quarterly Report. CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING There have been no changes in our internal controls over financial reporting that occurred during the quarter ended January 31, 2013, that have materially or are reasonably likely to materially affect, our internal controls over financial reporting. PART II. OTHER INFORMATION ITEM 1. LEGAL PROCEEDINGS We may be involved from time to time in ordinary litigation, negotiation, and settlement matters that will not have a material effect on our operations or finances. We are not aware of any pending or threatened litigation against us or our officers and Directors in their capacity as such that could have a material impact on our operations or finances. ITEM 1A. RISK FACTORS Not applicable. ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS None. 18 ITEM 3. DEFAULTS UPON SENIOR SECURITIES Not applicable. ITEM 4. MINE SAFETY DISCLOSURES Not applicable. ITEM 5. OTHER INFORMATION Not applicable. ITEM 6. EXHIBITS Exhibit Number Description ------ ----------- 3.1(a) Articles of Incorporation (incorporated by reference to the Registrant's Registration Statement on Form SB-2 (File No. 333-147250) filed on November 9, 2007). 3.1(b) Certificate of Amendment to Articles of Incorporation (incorporated by reference to the Registrant's Current Report on Form 8-K filed on April 19, 2012). 3.1(c) Certificate of Change (incorporated by reference to the Registrant's Current Report on Form 8-K filed on April 19, 2012). 3.1(d) Certificate of Amendment to Articles of Incorporation (incorporated by reference to the Registrant's Current Report on Form 8-K filed on October 15, 2012). 3.2 Bylaws (incorporated by reference to the Registrant's Registration Statement on Form SB-2 (File No. 333-147250) filed on November 9, 2007). 31.1 Certification of the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.* 31.2 Certification of the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.* 32.1 Certification of Officers pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.* 101.INS XBRL Instance Document** 101.SCH XBRL Taxonomy Extension Schema** 101.CAL XBRL Taxonomy Extension Calculation Linkbase** 101.DEF XBRL Taxonomy Extension Definition Linkbase** 101.LAB XBRL Taxonomy Extension Label Linkbase** 101.PRE XBRL Taxonomy Extension Presentation Linkbase** ---------- * Filed herewith ** Pursuant to Rule 406T of Regulation S-T, these interactive data files are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933 or Section 18 of the Securities Exchange Act of 1934 and otherwise are not subject to liability. 19 SIGNATURE In accordance with the requirements of the Securities Exchange Act, the Registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. GUAR GLOBAL LTD. Date: March 18, 2013 By: /s/ Joselito Christopher G. Imperial -------------------------------------- Joselito Christopher G. Imperial President, Treasurer, Secretary and Director (principal executive officer, principal financial officer and principal accounting officer) 20 EX-31.1 2 ex31-1.txt EXHIBIT 31.1 CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER I, Joselito Christopher G. Imperial, certify that: 1. I have reviewed this report on Form 10-Q of Guar Global Ltd.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b. designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c. evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and d. disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a. all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and b. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: March 18, 2013 By: /s/ Joselito Christopher G. Imperial -------------------------------------- Joselito Christopher G. Imperial President, Treasurer, Secretary and Director (principal executive officer, principal financial officer and principal accounting officer) EX-32.1 3 ex32-1.txt EXHIBIT 32.1 CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 I, Joselito Christopher G. Imperial, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge, Guar Global Ltd.'s Quarterly Report on Form 10-Q for the quarter ended January 31, 2013 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and that information contained in such Quarterly Report on Form 10-Q fairly presents in all material respects the financial condition and results of operations of Guar Global Ltd. Date: March 18, 2013 By: /s/ Joselito Christopher G. Imperial -------------------------------------- Joselito Christopher G. Imperial President, Treasurer, Secretary and Director (principal executive officer, principal financial officer and principal accounting officer) This certification accompanies the Quarterly Report on Form 10-Q pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and shall not be deemed filed for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that section. This certification shall not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act, except to the extent that Guar Global Ltd. specifically incorporates it by reference. EX-101.DEF 4 ggbl-20130131_def.xml EX-101.INS 5 ggbl-20130131.xml 0001415751 2012-08-01 2013-01-31 0001415751 2013-03-18 0001415751 2013-01-31 0001415751 2012-07-31 0001415751 2007-05-29 2013-01-31 0001415751 2011-07-31 0001415751 2007-05-28 0001415751 2011-08-01 2012-01-31 0001415751 2011-11-01 2012-01-31 0001415751 2012-11-01 2013-01-31 0001415751 2012-01-31 0001415751 us-gaap:CommonStockMember 2007-05-29 2007-07-31 0001415751 us-gaap:CommonStockMember 2007-08-01 2008-07-31 0001415751 us-gaap:CommonStockMember 2008-08-01 2009-07-31 0001415751 us-gaap:CommonStockMember 2009-08-01 2010-07-31 0001415751 us-gaap:CommonStockMember 2010-08-01 2011-07-31 0001415751 us-gaap:CommonStockMember 2011-08-01 2012-07-31 0001415751 us-gaap:CommonStockMember 2012-08-01 2013-01-31 0001415751 us-gaap:CommonStockMember 2007-05-28 0001415751 us-gaap:CommonStockMember 2007-07-31 0001415751 us-gaap:CommonStockMember 2008-07-31 0001415751 us-gaap:CommonStockMember 2009-07-31 0001415751 us-gaap:CommonStockMember 2010-07-31 0001415751 us-gaap:CommonStockMember 2011-07-31 0001415751 us-gaap:CommonStockMember 2012-07-31 0001415751 us-gaap:CommonStockMember 2013-01-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2007-05-29 2007-07-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2007-08-01 2008-07-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2008-08-01 2009-07-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2009-08-01 2010-07-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2010-08-01 2011-07-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2011-08-01 2012-07-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2012-08-01 2013-01-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2007-05-28 0001415751 us-gaap:AdditionalPaidInCapitalMember 2007-07-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2008-07-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2009-07-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2010-07-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2011-07-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2012-07-31 0001415751 us-gaap:AdditionalPaidInCapitalMember 2013-01-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2007-05-29 2007-07-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2007-08-01 2008-07-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2008-08-01 2009-07-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2009-08-01 2010-07-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2010-08-01 2011-07-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2011-08-01 2012-07-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2012-08-01 2013-01-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2007-05-28 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2007-07-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2008-07-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2009-07-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2010-07-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2011-07-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2012-07-31 0001415751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2013-01-31 0001415751 2007-05-29 2007-07-31 0001415751 2007-08-01 2008-07-31 0001415751 2008-08-01 2009-07-31 0001415751 2009-08-01 2010-07-31 0001415751 2010-08-01 2011-07-31 0001415751 2011-08-01 2012-07-31 0001415751 2007-07-31 0001415751 2008-07-31 0001415751 2009-07-31 0001415751 2010-07-31 0001415751 ggbl:LoanAgreementMember 2013-01-31 0001415751 ggbl:LoanAgreementOneMember 2013-01-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

42815

5901

42815

5901

500

300

42315

5601

351168

76634

76815

66835

1767

9317

351168

76634

-356853

-119233

41180

7320

4753

250000

-308353

-70733

-45449

4800

7320

15200

41180

-1999

-45400

-67213

-77259

-93949

-119233

-356853

18001

3100

-18713

-28759

42815

5901

0.0001

300000000

73200000

1964

9514

3217

2805

1287

5950

925

10380

927

453

470

43978

147706

10550

6000

40023

42315

5601

2426

14409

36714

42315

11983

264733

380068

30000

48500

4753

250000

9980

76815

30000

-5950

5950

-228019

-331803

-18017

-7550

1767

-2500

17351

17833

-823

-200

-500

-237620

-356853

-14694

-1999

-43401

-21813

-10046

-16690

-25284

-237620

-1999

-43401

-21813

-10046

-16690

-25284

48000000

73200000

2520 25980 28500 25200000

Incorporation   The Company was incorporated under the laws of the State of Nevada on May 29, 2007. The business plan of the Company is to develop software, specializing in providing sales tool solutions for the real estate industry. More specifically, the Company has developed an online Content Management System (CMS) that enables real estate agents to build a website to showcase their listings.   Amendment to the Articles of Incorporation   Effective March 14, 2012 the Board of Directors and the majority voting stockholders adopted and approved a resolution to amend its Articles of Incorporation to (a) increase the number of shares of authorized common stock from 20,000,000 to 300,000,000; (b) create 25,000,000 shares of "blank check" preferred stock, par value $0.0001, per share; (c) change the par value of each share of common stock from $0.001 per share to $0.0001 per share; and (d) effectuate a forward split of all issued and outstanding shares of common stock, at a ratio of thirty-for-one (30:1) (the "Stock Split").   All shares and per share amounts in the financial statements have been adjusted to give retroactive effect to the Stock Split.   Amendment to the Articles of Incorporation   Effective September 24, 2012 the Board of Directors and the majority voting stockholders approved an amendment to the Company's Articles of Incorporation to change the name of the Company from "ERE Management, Inc." to "Guar Global Ltd." (the "Company").

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business.    As reflected in the accompanying financial statements, the Company had a deficit accumulated during the development stage at January 31, 2013, and a net loss and net cash used in operating activities for the interim period then ended, respectively, with no revenues earned since inception. These factors raise substantial doubt about the Companys ability to continue as a going concern.   While the Company is attempting to commence operations and generate revenues, the Companys cash position may not be significant enough to support the Companys daily operations. Management intends to raise additional funds by way of a public or private offering.  Management believes that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity for the Company to continue as a going concern. While the Company believes in the viability of its strategy to increase revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Companys ability to further implement its business plan and generate revenues.   The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

The Company has evaluated all events that occurred after the balance sheet date through the date when the financial statements were issued to determine if they must be reported. The Management of the Company determined that there were no reportable subsequent events to be disclosed.

Shares Authorized   Upon formation the total number of shares of common stock which the Company is authorized to issue is Twenty Million (20,000,000) shares, par value $0.001 per share.   Effective March 14, 2012 the Board of Directors and the majority voting stockholders adopted and approved a resolution to amend its Articles of Incorporation to (a) increase the number of shares of authorized common stock from 20,000,000 to 300,000,000; (b) create 25,000,000 shares of "blank check" preferred stock, par value $0.0001, per share; (c) change the par value of each share of common stock from $0.001 per share to $0.0001 per share; and (d) effectuate a forward split of all issued and outstanding shares of common stock, at a ratio of thirty-for-one (30:1) (the "Stock Split").   All shares and per share amounts in the financial statements have been adjusted to give retroactive effect to the Stock Split.   Common Stock   On July 16, 2007, the Company issued 48,000,000 shares of its common stock to Mr. Imperial for cash proceeds of $20,000. On July 17, 2007, Mr. Imperial was elected to the Board of Directors, and became the President, Secretary, and Treasurer of the Company.   On January 24, 2008, the Company completed and closed an offering by selling 25,200,000 shares, of the 36,000,000 registered shares, of its common stock, par value of $0.0001 per share, at an offering price of $0.0017 per share for gross proceeds of $42,000. Costs associated with this offering were $13,500.

Basis of Presentation Unaudited Interim Financial Information   The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP) for the interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (SEC) to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim period presented. Unaudited interim results are not necessarily indicative of the results for the full fiscal year. These financial statements should be read in conjunction with the audited financial statements of the Company for the fiscal year ended July 31, 2012 and notes thereto contained in the Companys Annual Report on Form 10-K filed with the SEC on October 29, 2012.   Development Stage Company   The Company is a development stage company as defined by section 915-10-20 of the FASB Accounting Standards Codification. The Company is still devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced.  All losses accumulated since inception have been considered as part of the Company's development stage activities.   Use of Estimates and Assumptions   The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reporting amounts of revenues and expenses during the reporting period.   The Companys significant estimates and assumptions include the fair value of financial instruments; income tax rate, income tax provision, deferred tax assets and valuation allowance of deferred tax assets; the carrying value and recoverability of long-lived assets, including the values assigned to an estimated useful lives of website development costs and the assumption that the Company will be a going concern. Those significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to those estimates or assumptions, and certain estimates or assumptions are difficult to measure or value.   Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.   Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly.   Actual results could differ from those estimates.   Fair Value of Financial Instruments   The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification (Paragraph 820-10-35-37) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by paragraph 820-10-35-37 of the FASB Accounting Standards Codification are described below:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 5%; padding-left: 40pt; line-height: 115%; text-indent: -40pt">Level 1</td> <td style="width: 1%; line-height: 115%"> </td> <td style="width: 76%; line-height: 115%; text-align: justify">Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="line-height: 115%; text-align: right"> </td> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="line-height: 115%">Level 2</td> <td style="line-height: 115%"> </td> <td style="line-height: 115%; text-align: justify">Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="line-height: 115%; text-align: right"> </td> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="line-height: 115%">Level 3</td> <td style="line-height: 115%"> </td> <td style="line-height: 115%; text-align: justify">Pricing inputs that are generally observable inputs and not corroborated by market data.</td></tr></table>   Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument.   The carrying amounts of the Companys financial assets and liabilities, such as cash, prepaid expenses, accounts payable and accrued expenses, approximate their fair values because of the short maturity of these instruments.   Transactions involving related parties cannot be presumed to be carried out on an arm's-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm's-length transactions unless such representations can be substantiated.   It is not, however, practical to determine the fair value of advances from stockholders, if any, due to their related party nature.   Fiscal Year-End   The Company elected July 31 as its fiscal year ending date.   Cash Equivalents   The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents.   Related Parties   The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions.   Pursuant to section 850-10-20 the related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 8251015, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g. other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.   The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d. amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.   Commitments and Contingencies   The Company follows subtopic 450-20 of the FASB Accounting Standards Codification to report accounting for contingencies. Certain conditions may exist as of the date the consolidated financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or unasserted claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein.   If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Companys consolidated financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed.   Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time, that these matters will have a material adverse effect on the Companys consolidated financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Companys business, financial position, and results of operations or cash flows.   Revenue Recognition   The Company applies paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured.   Income Tax Provision   The Company adopted the provisions of paragraph 740-10-25-13 of the FASB Accounting Standards Codification. Paragraph 740-10-25-13.addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under paragraph 740-10-25-13, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Paragraph 740-10-25-13 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of paragraph 740-10-25-13.   The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying consolidated balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its consolidated balance sheets and provides valuation allowances as management deems necessary.   Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. In managements opinion, adequate provisions for income taxes have been made for all years. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary.   Uncertain Tax Positions   The Company did not take any uncertain tax positions and had no adjustments to unrecognized income tax liabilities or benefits pursuant to the provisions of Section 740-10-25 for the interim period ended January 31, 2013 or 2012.   Net Income (Loss) per Common Share   Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants.   There were no potentially outstanding dilutive shares for the interim period ended January 31, 2013 or 2012.   Cash Flows Reporting   The Company adopted paragraph 230-10-45-24 of the FASB Accounting Standards Codification for cash flows reporting, classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method (Indirect method) as defined by paragraph 230-10-45-25 of the FASB Accounting Standards Codification to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments. The Company reports the reporting currency equivalent of foreign currency cash flows, using the current exchange rate at the time of the cash flows and the effect of exchange rate changes on cash held in foreign currencies is reported as a separate item in the reconciliation of beginning and ending balances of cash and cash equivalents and separately provides information about investing and financing activities not resulting in cash receipts or payments in the period pursuant to paragraph 830-230-45-1 of the FASB Accounting Standards Codification.   Subsequent Events   The Company follows the guidance in Section 855-10-50 of the FASB Accounting Standards Codification for the disclosure of subsequent events. The Company will evaluate subsequent events through the date when the financial statements were issued. Pursuant to ASU 2010-09 of the FASB Accounting Standards Codification, the Company as an SEC filer considers its financial statements issued when they are widely distributed to users, such as through filing them on EDGAR.   Recently Issued Accounting Pronouncements   FASB Accounting Standards Update No. 2011-08   In September 2011, the FASB issued the FASB Accounting Standards Update No. 2011-08 IntangiblesGoodwill and Other: Testing Goodwill for Impairment (ASU 2011-08). This Update is to simplify how public and nonpublic entities test goodwill for impairment. The amendments permit an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test described in Topic 350. Under the amendments in this Update, an entity is not required to calculate the fair value of a reporting unit unless the entity determines that it is more likely than not that its fair value is less than its carrying amount.   The guidance is effective for interim and annual periods beginning on or after December 15, 2011. Early adoption is permitted.   FASB Accounting Standards Update No. 2011-11   In December 2011, the FASB issued the FASB Accounting Standards Update No. 2011-11 Balance Sheet: Disclosures about Offsetting Assets and Liabilities (ASU 2011-11). This Update requires an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. The objective of this disclosure is to facilitate comparison between those entities that prepare their financial statements on the basis of U.S. GAAP and those entities that prepare their financial statements on the basis of IFRS.   The amended guidance is effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods.   FASB Accounting Standards Update No. 2012-02   In July 2012, the FASB issued the FASB Accounting Standards Update No. 2012-02 IntangiblesGoodwill and Other (Topic 350) Testing Indefinite-Lived Intangible Assets for Impairment (ASU 2012-02).   This Update is intended to reduce the cost and complexity of testing indefinite-lived intangible assets other than goodwill for impairment. This guidance builds upon the guidance in ASU 2011-08, entitled Testing Goodwill for Impairment. ASU 2011-08 was issued on September 15, 2011, and feedback from stakeholders during the exposure period related to the goodwill impairment testing guidance was that the guidance also would be helpful in impairment testing for intangible assets other than goodwill.    The revised standard allows an entity the option to first assess qualitatively whether it is more likely than not (that is, a likelihood of more than 50 percent) that an indefinite-lived intangible asset is impaired, thus necessitating that it perform the quantitative impairment test. An entity is not required to calculate the fair value of an indefinite-lived intangible asset and perform the quantitative impairment test unless the entity determines that it is more likely than not that the asset is impaired.   This Update is effective for annual and interim impairment tests performed in fiscal years beginning after September 15, 2012.  Earlier implementation is permitted.   Other Recently Issued, but not yet Effective Accounting Pronouncements   Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying financial statements.

Advances from Stockholder   From time to time, stockholders of the Company advance funds to the Company for working capital purpose. Those advances are unsecured, non-interest bearing and due on demand.

5950

17833

482

4800

15200

20000

48000000

Guar Global Ltd. 0001415751 10-Q 2013-01-31 --07-31 false No No Yes Smaller Reporting Company Q2 2013 73200000

4547

206

20000000 0.001

The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP) for the interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (SEC) to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim period presented. Unaudited interim results are not necessarily indicative of the results for the full fiscal year. These financial statements should be read in conjunction with the audited financial statements of the Company for the fiscal year ended July 31, 2012 and notes thereto contained in the Companys Annual Report on Form 10-K filed with the SEC on October 29, 2012.

The Company is a development stage company as defined by section 915-10-20 of the FASB Accounting Standards Codification. The Company is still devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced.  All losses accumulated since inception have been considered as part of the Company's development stage activities.

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reporting amounts of revenues and expenses during the reporting period.   The Companys significant estimates and assumptions include the fair value of financial instruments; income tax rate, income tax provision, deferred tax assets and valuation allowance of deferred tax assets; the carrying value and recoverability of long-lived assets, including the values assigned to an estimated useful lives of website development costs and the assumption that the Company will be a going concern. Those significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to those estimates or assumptions, and certain estimates or assumptions are difficult to measure or value.   Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.   Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly.   Actual results could differ from those estimates.

The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification (Paragraph 820-10-35-37) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by paragraph 820-10-35-37 of the FASB Accounting Standards Codification are described below:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 5%; padding-left: 40pt; line-height: 115%; text-indent: -40pt">Level 1</td> <td style="width: 1%; line-height: 115%"> </td> <td style="width: 76%; line-height: 115%; text-align: justify">Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="line-height: 115%; text-align: right"> </td> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="line-height: 115%">Level 2</td> <td style="line-height: 115%"> </td> <td style="line-height: 115%; text-align: justify">Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="line-height: 115%; text-align: right"> </td> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="line-height: 115%">Level 3</td> <td style="line-height: 115%"> </td> <td style="line-height: 115%; text-align: justify">Pricing inputs that are generally observable inputs and not corroborated by market data.</td></tr></table>   Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable.   The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument.   The carrying amounts of the Companys financial assets and liabilities, such as cash, prepaid expenses, accounts payable and accrued expenses, approximate their fair values because of the short maturity of these instruments.   Transactions involving related parties cannot be presumed to be carried out on an arm's-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm's-length transactions unless such representations can be substantiated.   It is not, however, practical to determine the fair value of advances from stockholders, if any, due to their related party nature.

The Company elected July 31 as its fiscal year ending date.

The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents.

The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions.   Pursuant to section 850-10-20 the related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 8251015, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g. other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.   The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d. amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.

The Company follows subtopic 450-20 of the FASB Accounting Standards Codification to report accounting for contingencies. Certain conditions may exist as of the date the consolidated financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or unasserted claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein.   If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Companys consolidated financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed.   Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time, that these matters will have a material adverse effect on the Companys consolidated financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Companys business, financial position, and results of operations or cash flows.

The Company applies paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured.

The Company adopted the provisions of paragraph 740-10-25-13 of the FASB Accounting Standards Codification. Paragraph 740-10-25-13.addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under paragraph 740-10-25-13, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Paragraph 740-10-25-13 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of paragraph 740-10-25-13.   The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying consolidated balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its consolidated balance sheets and provides valuation allowances as management deems necessary.   Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. In managements opinion, adequate provisions for income taxes have been made for all years. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary.

The Company did not take any uncertain tax positions and had no adjustments to unrecognized income tax liabilities or benefits pursuant to the provisions of Section 740-10-25 for the interim period ended January 31, 2013 or 2012.

Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants.   There were no potentially outstanding dilutive shares for the interim period ended January 31, 2013 or 2012.

The Company adopted paragraph 230-10-45-24 of the FASB Accounting Standards Codification for cash flows reporting, classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method (Indirect method) as defined by paragraph 230-10-45-25 of the FASB Accounting Standards Codification to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments. The Company reports the reporting currency equivalent of foreign currency cash flows, using the current exchange rate at the time of the cash flows and the effect of exchange rate changes on cash held in foreign currencies is reported as a separate item in the reconciliation of beginning and ending balances of cash and cash equivalents and separately provides information about investing and financing activities not resulting in cash receipts or payments in the period pursuant to paragraph 830-230-45-1 of the FASB Accounting Standards Codification.

The Company follows the guidance in Section 855-10-50 of the FASB Accounting Standards Codification for the disclosure of subsequent events. The Company will evaluate subsequent events through the date when the financial statements were issued. Pursuant to ASU 2010-09 of the FASB Accounting Standards Codification, the Company as an SEC filer considers its financial statements issued when they are widely distributed to users, such as through filing them on EDGAR.

FASB Accounting Standards Update No. 2011-08   In September 2011, the FASB issued the FASB Accounting Standards Update No. 2011-08 IntangiblesGoodwill and Other: Testing Goodwill for Impairment (ASU 2011-08). This Update is to simplify how public and nonpublic entities test goodwill for impairment. The amendments permit an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test described in Topic 350. Under the amendments in this Update, an entity is not required to calculate the fair value of a reporting unit unless the entity determines that it is more likely than not that its fair value is less than its carrying amount.   The guidance is effective for interim and annual periods beginning on or after December 15, 2011. Early adoption is permitted.   FASB Accounting Standards Update No. 2011-11   In December 2011, the FASB issued the FASB Accounting Standards Update No. 2011-11 Balance Sheet: Disclosures about Offsetting Assets and Liabilities (ASU 2011-11). This Update requires an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. The objective of this disclosure is to facilitate comparison between those entities that prepare their financial statements on the basis of U.S. GAAP and those entities that prepare their financial statements on the basis of IFRS.   The amended guidance is effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods.   FASB Accounting Standards Update No. 2012-02   In July 2012, the FASB issued the FASB Accounting Standards Update No. 2012-02 IntangiblesGoodwill and Other (Topic 350) Testing Indefinite-Lived Intangible Assets for Impairment (ASU 2012-02).   This Update is intended to reduce the cost and complexity of testing indefinite-lived intangible assets other than goodwill for impairment. This guidance builds upon the guidance in ASU 2011-08, entitled Testing Goodwill for Impairment. ASU 2011-08 was issued on September 15, 2011, and feedback from stakeholders during the exposure period related to the goodwill impairment testing guidance was that the guidance also would be helpful in impairment testing for intangible assets other than goodwill.    The revised standard allows an entity the option to first assess qualitatively whether it is more likely than not (that is, a likelihood of more than 50 percent) that an indefinite-lived intangible asset is impaired, thus necessitating that it perform the quantitative impairment test. An entity is not required to calculate the fair value of an indefinite-lived intangible asset and perform the quantitative impairment test unless the entity determines that it is more likely than not that the asset is impaired.   This Update is effective for annual and interim impairment tests performed in fiscal years beginning after September 15, 2012.  Earlier implementation is permitted.   Other Recently Issued, but not yet Effective Accounting Pronouncements   Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying financial statements.

116657

243340

14694

9258

111570

-116657

-243340

-14694

-9258

-111570

4753

7450

-120963

-113513

-120963

-237620

-356853

-14694

-9258

-232533

-237620

-356853

-14694

-9258

-232533

-0.00

0.00

73200000 73200000 73200000 73200000 35000 35000 35000 34790 34790 34790 116210

116210

On November 9, 2012, the Company entered into a loan agreement. The balance of $200,000 is due on November 9, 2013, bears interest at 10% per year and is convertible at $0.25 per share, at the discretion of the holder. Interest outstanding at January 31, 2013 is $4,547. $150,000 of the $200,000 received was advanced for a potential acquisition in Hong Kong. To date, $83,790 of the funds advanced for a potential acquisition in Hong Kong have been spent on expenditures for the benefit of the Company. There is sufficient doubt upon the recoverability on the remaining funds and, as such, the Company has recorded an impairment allowance of $66,210.   On January 16, 2013, the Company entered into a loan agreement. The balance of $50,000 is due on January 16, 2014, bears interest at 10% per year and is convertible at $0.25 per share, at the discretion of the holder. Interest outstanding at January 31, 2013 is $206. The $50,000 that was received was advanced for a potential acquisition in Hong Kong. There is sufficient doubt upon the recoverability of these funds and, as such, the Company has recorded an impairment allowance of $50,000.

EX-101.SCH 6 ggbl-20130131.xsd 0001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 0002 - Statement - Balance Sheets link:presentationLink link:calculationLink link:definitionLink 0003 - Statement - Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 0004 - Statement - Statements of Operations link:presentationLink link:calculationLink link:definitionLink 0005 - Statement - Statement of Stockholders' Equity (Deficit) link:presentationLink link:calculationLink link:definitionLink 0006 - Statement - Statements of Cash Flows link:presentationLink link:calculationLink link:definitionLink 0007 - Disclosure - Organization and Operations link:presentationLink link:calculationLink link:definitionLink 0008 - Disclosure - Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 0009 - Disclosure - Going Concern link:presentationLink link:calculationLink link:definitionLink 0010 - Disclosure - Related Party Transactions link:presentationLink link:calculationLink link:definitionLink 0011 - Disclosure - Convertible Notes Payable link:presentationLink link:calculationLink link:definitionLink 0012 - Disclosure - Stockholders' Equity link:presentationLink link:calculationLink link:definitionLink 0013 - Disclosure - Subsequent Events link:presentationLink link:calculationLink link:definitionLink 0014 - Disclosure - ACCOUNTING POLICIES (POLICIES) link:presentationLink link:calculationLink link:definitionLink 0015 - Disclosure - Convertible Notes Payable (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 0016 - Disclosure - Stockholders' Equity (Details Narrative) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 7 ggbl-20130131_cal.xml EX-101.LAB 8 ggbl-20130131_lab.xml Common Stock Statement, Equity Components [Axis] Additional Paid-In Capital Deficit Accumulated during the Development Stage Loan Agreement November 9, 2012 [Member] StatementScenario [Axis] Loan Agreement January 16, 2013 [Member] Document and Entity Information Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Is Entity a Well-known Seasoned Issuer? Is Entity a Voluntary Filer? Is Entity's Reporting Status Current? Entity Filer Category Entity Common Stock, Shares Outstanding Document Fiscal Period Focus Document Fiscal Year Focus Assets Current assets Cash Prepaid exenses Total current assets Total assets Liabilities and stockholders' deficit Current liabilities: Accounts payable Accrued expenses Interest payable Convertible notes payable Advances from stockholder Total current liabilities Total Liabilities Stockholders' deficit Common stock: $0.0001 par value: 300,000,000 shares authorized; 73,200,000 shares issued and outstanding Additional paid-in capital Deficit accumulated during the development stage Total stockholders' deficit Total liabilities and stockholders' deficit Common Stock, par value Common Stock, shares authorized Common Stock, shares issued Common Stock, shares outstanding Statement [Table] Statement [Line Items] Statement, Scenario [Axis] Revenues earned during the development stage Operating expenses Professional fees Rent Amortization Website development Consulting General and administrative Total operating expenses Loss from operations Other income (expense) Other income Interest expense Write off of failed venture Impairment Total other income (expense) Loss before income tax provision Income tax provision Net loss Net loss per common share: Basic and diluted Weighted average common shares outstanding: basic and diluted. Beginning Balance, Amount Beginning Balance, Shares Shares issued for cash at $0.0003 per share on August 1, 2008, Amount Shares issued for cash at $0.0003 per share on August 1, 2008, Shares Shares issued for cash at $0.001 per share on January 24, 2008, Amount Shares issued for cash at $0.001 per share on January 24, 2008, Shares Net loss Ending Balance, Amount Ending Balance, Shares Cash flows from operating activities: Adjustments to reconcile net loss to net cash used in operating activities: Amortization. Changes in operating assets and liabilities: Prepaid expenses. Accounts payables. Accrued liabilities Net cash used in operating activities Cash flows from investing activities Website development Net cash used in investing activities Cash flows from financing activities: Advances from stockholder. Proceeds from convertible notes Increase in interest payable Proceeds from sale of common stock Net cash provided by financing activities Net change in cash Cash, beginning of period Cash, end of period Supplemental disclosure of cash flows information: Interest paid Income tax paid Organization And Operations Note 1 - Organization and Operations Summary Of Significant Accounting Policies Note 2 - Summary of Significant Accounting Policies GOING CONCERN Note 3 - Going Concern RELATED PARTY TRANSACTIONS Note 4 - Related Party Transactions Convertible Notes Payable Note 5 - Convertible Notes Payable Stockholders' Equity Attributable to Parent [Abstract] Note 6 - Stockholders' Equity Subsequent Events Note 7 - Subsequent Events ACCOUNTING POLICIES (POLICIES) BASIS OF PRESENTATION - UNAUDITED INTERIM FINANCIAL INFORMATION DEVELOPMENT STAGE COMPANY USE OF ESTIMATES AND ASSUMPTIONS FAIR VALUE OF FINANCIAL INSTRUMENTS FISCAL YEAR-END CASH EQUIVALENTS RELATED PARTIES COMMITMENTS AND CONTINGENCIES REVENUE RECOGNITION INCOME TAX PROVISION UNCERTAIN TAX POSITIONS NET INCOME (LOSS) PER COMMON SHARE CASH FLOWS REPORTING SUBSEQUENT EVENTS RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS Interest outstanding Stockholders Equity Details Narrative Common stock, shares authorized Common stock, par value The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives. The average number of shares or units issued and outstanding that are used in calculating basic and diluted EPS. Policy text block that explans the FASB Accounting Standards Codification for cash flows reporting. Entire text block that explains about development stage companies. Entre policy text block about related party transactions Custom Element. Custom Element. Custom Element. Custom Element. Custom Element. Custom Element. Custom Element. Custom Element. Assets, Current Assets [Default Label] Liabilities, Current Liabilities Liabilities and Equity Operating Expenses Operating Income (Loss) Interest Expense WriteoffOfFailedVenture Other than Temporary Impairment Losses, Investments Nonoperating Income (Expense) Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest Net Income (Loss), Including Portion Attributable to Noncontrolling Interest Shares, Issued Net Cash Provided by (Used in) Operating Activities Payments to Develop Software Net Cash Provided by (Used in) Investing Activities Net Cash Provided by (Used in) Financing Activities Cash and Cash Equivalents, at Carrying Value EX-101.PRE 9 ggbl-20130131_pre.xml XML 10 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 11 R9.htm IDEA: XBRL DOCUMENT

Going Concern	6 Months Ended
Jan. 31, 2013
GOING CONCERN
Note 3 - Going Concern	The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in the accompanying financial statements, the Company had a deficit accumulated during the development stage at January 31, 2013, and a net loss and net cash used in operating activities for the interim period then ended, respectively, with no revenues earned since inception. These factors raise substantial doubt about the Company’s ability to continue as a going concern. While the Company is attempting to commence operations and generate revenues, the Company’s cash position may not be significant enough to support the Company’s daily operations. Management intends to raise additional funds by way of a public or private offering. Management believes that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity for the Company to continue as a going concern. While the Company believes in the viability of its strategy to increase revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate revenues. The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Going Concern

6 Months Ended

Jan. 31, 2013

GOING CONCERN

Note 3 - Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business.

As reflected in the accompanying financial statements, the Company had a deficit accumulated during the development stage at January 31, 2013, and a net loss and net cash used in operating activities for the interim period then ended, respectively, with no revenues earned since inception. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

While the Company is attempting to commence operations and generate revenues, the Company’s cash position may not be significant enough to support the Company’s daily operations. Management intends to raise additional funds by way of a public or private offering. Management believes that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity for the Company to continue as a going concern. While the Company believes in the viability of its strategy to increase revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate revenues.

The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

- Definition

Disclosure of accounting policy for reporting when there is a substantial doubt about an entity's ability to continue as a going concern for a reasonable period of time (generally a year from the balance sheet date). Disclose: (a) pertinent conditions and events giving rise to the assessment of substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time, (b) the possible effects of such conditions and events, (c) management's evaluation of the significance of those conditions and events and any mitigating factors, (d) possible discontinuance of operations, (e) management's plans (including relevant prospective financial information), and (f) information about the recoverability or classification of recorded asset amounts or the amounts or classification of liabilities. If management's plans alleviate the substantial doubt about the entity's ability to continue as a going concern, disclosure of the principal conditions and events that initially raised the substantial doubt about the entity's ability to continue as a going concern would be expected to be considered. Disclose whether operations for the current or prior years generated sufficient cash to cover current obligations, whether waivers were obtained from creditors relating to the company's default under the provisions of debt agreements and possible effects of such conditions and events, such as: whether there is a possible need to obtain additional financing (debt or equity) or to liquidate certain holdings to offset future cash flow deficiencies. Disclose appropriate parent company information when parent is dependent upon remittances from subsidiaries to satisfy its obligations.

+ References+ Details

EXCEL 12 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\S930R,&8Q85\T,3@W7S0P,V5?.#(Q,%]E,C,V M830S-CAB,S0B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=OF%T:6]N M7V%N9%]/<&5R871I;VYS/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U M#I%>&-E;%=O5]O9E]3:6=N:69I8V%N=%]!8V-O=6YT/"]X.DYA M;64^#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I. M86UE/@T*("`@(#QX.E=O#I7;W)K#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D%#0T]53E1)3D=?4$],24-)15-?4$],24-)15,\+W@Z M3F%M93X-"B`@("`\>#I7;W)K#I7;W)K#I7;W)K#I3='EL97-H965T($A2 M968],T0B5V]R:W-H965T3X-"CPO:'1M;#X- M"@T*+2TM+2TM/5].97AT4&%R=%\S930R,&8Q85\T,3@W7S0P,V5?.#(Q,%]E M,C,V830S-CAB,S0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO,V4T M,C!F,6%?-#$X-U\T,#-E7S@R,3!?93(S-F$T,S8X8C,T+U=O'0O:'1M;#L@8VAA2!);F9O'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$"!+97D\+W1D/@T*("`@("`@("`\ M=&0@8VQA'0^ M2F%N(#,Q+`T*"0DR,#$S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0^9F%L2!A(%=E;&PM:VYO=VX@4V5A'0^3F\\2!A M(%9O;'5N=&%R>2!&:6QE'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$2!& M:6QE3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M4VUA;&QE3QS<&%N/CPO'1087)T7S-E-#(P9C%A7S0Q.#=?-#`S95\X,C$P7V4R,S9A-#,V.&(S-`T* M0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\S930R,&8Q85\T,3@W7S0P M,V5?.#(Q,%]E,C,V830S-CAB,S0O5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M6%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQA'!E;G-E6%B;&4\+W1D/@T*("`@("`@ M("`\=&0@8VQA'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQAF5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M;G5M<#XS,#`L,#`P+#`P,#QS<&%N/CPO'1087)T7S-E-#(P9C%A7S0Q.#=?-#`S95\X,C$P7V4R,S9A-#,V.&(S M-`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\S930R,&8Q85\T,3@W M7S0P,V5?.#(Q,%]E,C,V830S-CAB,S0O5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'!E;G-E*3PO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0^)FYB'0^)FYB"!P'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO M8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\S930R,&8Q85\T M,3@W7S0P,V5?.#(Q,%]E,C,V830S-CAB,S0-"D-O;G1E;G0M3&]C871I;VXZ M(&9I;&4Z+R\O0SHO,V4T,C!F,6%?-#$X-U\T,#-E7S@R,3!?93(S-F$T,S8X M8C,T+U=O'0O:'1M;#L@8VAA'0^)FYB'0^)FYB'0^)FYB'0^)FYB2X@,C@L(#(P,#<\+W1D/@T*("`@("`@("`\=&0@8VQA'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^)FYB'0^ M)FYB'0^)FYB2`R-"P@,C`P."P@4VAA M'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA MF%T:6]N+CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^)FYB'0^)FYB'!E;G-E6%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQA'0^)FYB'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^)FYB M'0^)FYB'0^)FYB3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\S930R,&8Q85\T,3@W7S0P M,V5?.#(Q,%]E,C,V830S-CAB,S0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z M+R\O0SHO,V4T,C!F,6%?-#$X-U\T,#-E7S@R,3!?93(S-F$T,S8X8C,T+U=O M'0O:'1M M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M2<^/&9O M;G0@6QE/3-$)V9O;G0Z(#$P<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UEFEN9R!I;B!P2!H M87,@9&5V96QO<&5D(&%N(&]N;&EN92!#;VYT96YT($UA;F%G96UE;G0@4WES M=&5M#0HH)B,Q-#<[0TU3)B,Q-#@[*2!T:&%T(&5N86)L97,@6QE/3-$)V9O;G0Z(#$P<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT M.B`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`@("`\=&%B;&4@8VQA2!O9B!3:6=N:69I M8V%N="!!8V-O=6YT:6YG(%!O;&EC:65S/&)R/CPO2!/9B!3:6=N:69I M8V%N="!!8V-O=6YT:6YG(%!O;&EC:65S/"]S=')O;F<^/"]T9#X-"B`@("`@ M("`@/'1D(&-L87-S/3-$=&5X=#X\'0^/'`@6QE/3-$)V9O;G0Z(#$P<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE2`S M,2P@,C`Q,B!A;F0@;F]T97,@=&AE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[ M/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA M;BP@5&EM97,L(%-E'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE2<^5&AE($-O;7!A;GD@:7,@82!D979E;&]P;65N="!S=&%G M92!C;VUP86YY#0IA2!A M;&P-"F]F(&ET'0M86QI9VXZ M(&IU'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE2<^ M5&AE($-O;7!A;GDF(S$T-CMS('-I9VYI9FEC86YT(&5S=&EM871E6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[ M/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA M;BP@5&EM97,L(%-E'0M86QI9VXZ(&IU'!E6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E'0M86QI9VXZ(&IU6QE/3-$ M)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^06-T=6%L(')E6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE2<^/&D^/'4^1F%I6QE/3-$)V9O;G0Z(#$P M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^5&AE($-O;7!A;GD@9F]L;&]W2!A8V-E<'1E9"!A M8V-O=6YT:6YG('!R:6YC:7!L97,@*$=!05`I+"!A;F0@97AP86YD2!W:&EC:"!P2!G:79E2!T;R!Q M=6]T960@<')I8V5S("AU;F%D:G5S=&5D*2!I;B!A8W1I=F4-"FUA6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)VQI;F4M:&5I9VAT.B`Q,34E)SXF(S$V,#L\+W1D/@T*("`@ M(#QT9"!S='EL93TS1"=L:6YE+6AE:6=H=#H@,3$U)2<^)B,Q-C`[/"]T9#X\ M+W1R/@T*/'1R('-T>6QE/3-$)W9E6QE M/3-$)VQI;F4M:&5I9VAT.B`Q,34E)SXF(S$V,#L\+W1D/@T*("`@(#QT9"!S M='EL93TS1"=L:6YE+6AE:6=H=#H@,3$U)3L@=&5X="UA;&EG;CH@:G5S=&EF M>2<^4')I8VEN9R!I;G!U=',@;W1H97(@=&AA;B!Q=6]T960@<')I8V5S(&EN M(&%C=&EV92!M87)K971S(&EN8VQU9&5D(&EN($QE=F5L(#$L('=H:6-H(&%R M92!E:71H97(@9&ER96-T;'D@;W(@:6YD:7)E8W1L>2!O8G-E6QE M/3-$)VQI;F4M:&5I9VAT.B`Q,34E)SXF(S$V,#L\+W1D/@T*("`@(#QT9"!S M='EL93TS1"=L:6YE+6AE:6=H=#H@,3$U)2<^)B,Q-C`[/"]T9#X\+W1R/@T* M/'1R('-T>6QE/3-$)W9E6QE/3-$)VQI M;F4M:&5I9VAT.B`Q,34E)SXF(S$V,#L\+W1D/@T*("`@(#QT9"!S='EL93TS M1"=L:6YE+6AE:6=H=#H@,3$U)3L@=&5X="UA;&EG;CH@:G5S=&EF>2<^4')I M8VEN9R!I;G!U=',@=&AA="!A6QE/3-$)V9O;G0Z(#$P<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT M.B`Q,'!T+S$Q-24@5&EM97,@3F5W(%)O;6%N+"!4:6UE'0M86QI9VXZ(&IU'0M86QI M9VXZ(&IU2!G:79EF%T:6]N(&ES(&)A'0M86QI9VXZ(&IU'0M:6YD M96YT.B`P:6XG/B8C,38P.SPO<#X-"@T*/'`@28C,30V.W,-"F9I;F%N8VEA;"!A6%B;&4@86YD(&%C8W)U960@97AP96YS97,L(&%P<')O>&EM871E M('1H96ER(&9A:7(-"G9A;'5E2!O9B!T:&5S92!I;G-T6QE/3-$ M)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\ M<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L M(%-E'0M86QI9VXZ(&IU2!N;W0-"F5X:7-T+B!2 M97!R97-E;G1A=&EO;G,@86)O=70@=')A;G-A8W1I;VYS('=I=&@@2!T'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE2<^ M)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE M=R!2;VUA;BP@5&EM97,L(%-E'0M86QI9VXZ M(&IU'0M86QI9VXZ(&IU2!E;&5C=&5D($IU;'D@,S$@87,@:71S(&9I M6QE/3-$)V9O M;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S M='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E M'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^5&AE($-O;7!A M;GD@8V]N6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE2<^ M)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE M=R!2;VUA;BP@5&EM97,L(%-E'0M86QI9VXZ M(&IU'0M86QI9VXZ(&IU2!F;VQL;W=S('-U8G1O<&EC(#@U,"TQ,"!O M9B!T:&4-"D9!4T(@06-C;W5N=&EN9R!3=&%N9&%R9',@0V]D:69I8V%T:6]N M(&9O6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE2<^4'5R2!M971H;V0@8GD@=&AE(&EN=F5S=&EN M9R!E;G1I='D[(&,I)B,Q-C`[=')U2!M87D@9&5A;"!I9B!O;F4@<&%R='D@8V]N=')O;',@;W(@8V%N('-I M9VYI9FEC86YT;'D@:6YF;'5E;F-E('1H92!M86YA9V5M96YT#0IO2!I;F9L=65N8V4@=&AE(&UA;F%G96UE;G0@;W(@;W!E M'0M86QI M9VXZ(&IU2!T2!T;R!A;B!U;F1E6QE/3-$)V9O;G0Z(#$P<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$ M)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^/&9O;G0@2!F;VQL;W=S#0IS=6)T;W!I8R`T M-3`M,C`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`[/"]P/@T*#0H\ M<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L M(%-E'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M3L@=&5X M="UI;F1E;G0Z(#!I;B<^5&AE($-O;7!A;GD@87!P;&EEF5D M#0IOF5D(&]R(')E86QI>F%B;&4@86YD(&5A&ES=',L("AI:2D@=&AE('!R;V1U8W0@:&%S(&)E96X@6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q M,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E'0M86QI9VXZ(&IU'0M:6YD96YT.B`P:6XG/CQI/CQU M/DEN8V]M92!487@@4')O=FES:6]N/"]U/CPO:3X\+W`^#0H-"CQP('-T>6QE M/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T* M#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM M97,L(%-E'0M86QI9VXZ(&IU6QE/3-$)V-O;&]R.B!B;&%C:R<^5&AE($-O;7!A;GD@861O<'1E M9`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`@6QE/3-$ M)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^/&9O;G0@2!D:60-"FYO="!T86ME(&%N>2!U M;F-E'0M86QI M9VXZ(&IU6QE/3-$ M)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\ M<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L M(%-E'0M86QI9VXZ(&IU2!D:79I9&EN9R!N970@:6YC;VUE M("AL;W-S*2!B>2!T:&4@=V5I9VAT960@879E2!D:79I9&EN9R!N970@:6YC;VUE("AL;W-S M*2!B>2!T:&4@=V5I9VAT960@879E6QE/3-$)V-O;&]R.B!B;&%C M:R<^+CPO9F]N=#X\+W`^#0H-"CQP('-T>6QE/3-$)V9O;G0Z(#$P<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S M($YE=R!2;VUA;BP@5&EM97,L(%-E'0M86QI M9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I M;65S($YE=R!2;VUA;BP@5&EM97,L(%-E'0M M86QI9VXZ(&IU2!S=&5M(&9R;VT@;W!E6QE/3-$)V-O;&]R.B!B;&%C:R<^('1O(')E<&]R="!N970@8V%S M:"!F;&]W(&9R;VT@;W!E6UE;G1S(&%N9"!A;&P@86-C&-H86YG92!R871E(&%T('1H92!T:6UE(&]F('1H92!C87-H(&9L;W=S(&%N M9"!T:&4@969F96-T(&]F(&5X8VAA;F=E(')A=&4@8VAA;F=E6UE;G1S(&EN('1H M90T*<&5R:6]D('!U6QE/3-$)V-O;&]R.B!B;&%C:R<^+CPO9F]N=#X\ M+W`^#0H-"CQP('-T>6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S M($YE=R!2;VUA;BP@5&EM97,L(%-E'0M86QI M9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S M($YE=R!2;VUA;BP@5&EM97,L(%-E'0M86QI M9VXZ(&IU2!W:6QL(&5V86QU871E M('-U8G-E<75E;G0-"F5V96YT6QE M/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T* M#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM M97,L(%-E'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q M,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE M/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T* M#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM M97,L(%-E'0M86QI9VXZ(&IU2!T:&%N(&YO="!T:&%T('1H92!F86ER('9A;'5E(&]F M(&$@6EN9R!A M;6]U;G0@87,@82!B87-I2!I M6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE2<^5&AE(&=U:61A;F-E(&ES(&5F9F5C=&EV92!F;W(@:6YT M97)I;2!A;F0@86YN=6%L#0IP97)I;V1S(&)E9VEN;FEN9R!O;B!O6QE/3-$)V9O;G0Z(#$P<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P M/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@ M5&EM97,L(%-E'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE'0M86QI9VXZ(&QE9G0[('1E>'0M:6YD96YT.B`T,'!T)SX\:3X\ M=3Y&05-"($%C8V]U;G1I;F<@4W1A;F1A6QE/3-$)V9O;G0Z M(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^26X@2G5L>2`R,#$R+"!T:&4@1D%3 M0B!I6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE2<^ M5&AI&ET>2!O9B!T97-T:6YG(&EN9&5F:6YI=&4M;&EV960@:6YT M86YG:6)L92!A6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M2<^5&AE M(')E=FES960@2!T:&4@;W!T:6]N M#0IT;R!F:7)S="!A2!W:&5T:&5R(&ET(&ES M(&UO'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M'0M86QI9VXZ(&QE9G0[('1E>'0M:6YD96YT.B`T,'!T)SX\:3X\=3Y/=&AE M0T*27-S=65D+"!B=70@;F]T('EE="!%9F9E8W1I=F4@06-C M;W5N=&EN9R!0'0M86QI9VXZ(&IU6EN9PT*9FEN86YC:6%L M('-T871E;65N=',N/"]P/CQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0M86QI9VXZ(&IU2!O9B!O M<&5R871I;VYS+"!R96%L:7IA=&EO;@T*;V8@87-S971S+"!A;F0@;&EQ=6ED M871I;VX@;V8@;&EA8FEL:71I97,@:6X@=&AE(&YO'0M86QI9VXZ(&IU6EN9R!F:6YA;F-I86P-"G-T871E;65N=',L('1H92!# M;VUP86YY(&AA9"!A(&1E9FEC:70@86-C=6UU;&%T960@9'5R:6YG('1H92!D M979E;&]P;65N="!S=&%G92!A="!*86YU87)Y(#,Q+"`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`^#0H-"CQP('-T>6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/CQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S M+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE M<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA M2!A9'9A;F-E M(&9U;F1S('1O('1H92!#;VUP86YY(&9O7!E.B!T97AT+VAT M;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@ M("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$ M)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0M86QI9VXZ(&IU65A2`S,2P@,C`Q,R!I'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^3VX@2F%N M=6%R>2`Q-BP@,C`Q,RP@=&AE($-O;7!A;GD@96YT97)E9"!I;G1O#0IA(&QO M86X@86=R965M96YT+B!4:&4@8F%L86YC92!O9B`D-3`L,#`P(&ES(&1U92!O M;B!*86YU87)Y(#$V+"`R,#$T+"!B96%R'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA6QE M/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^/&D^/'4^4VAA6QE M/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE3L@=&5X="UI;F1E;G0Z M(#!I;B<^57!O;B!F;W)M871I;VX@=&AE('1O=&%L#0IN=6UB97(@;V8@2!IF5D('1O(&ES2!-:6QL:6]N("@R,"PP,#`L,#`P M*2!S:&%R97,L('!A6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M2<^)B,Q M-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2 M;VUA;BP@5&EM97,L(%-E'0M86QI9VXZ(&IU M6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE2<^06QL('-H87)E6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2<^/&D^/'4^0V]M;6]N(%-T;V-K/"]U/CPO:3X\+W`^#0H-"CQP M('-T>6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[ M/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA M;BP@5&EM97,L(%-E'0M86QI9VXZ(&IU2`Q M-RP@,C`P-RP@37(N($EM<&5R:6%L('=A2P@86YD(%1R96%S=7)E2X\+W`^#0H- M"CQP('-T>6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M2<^)B,Q M-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2 M;VUA;BP@5&EM97,L(%-E'0M86QI9VXZ(&IU M2!S96QL:6YG(#(U+#(P M,"PP,#`@6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE2<^)B,Q-C`[/"]P/CQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A'0M86QI9VXZ(&IU'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0M86QI9VXZ(&IU2!A8V-E<'1E9"!I;B!T:&4@56YI=&5D(%-T871E&-H86YG92!#;VUM:7-S:6]N("@F(S$T-SM314,F(S$T M.#LI('1O($9O2P@=&AE>2!D;R!N;W0@:6YC;'5D90T*86QL(&]F M('1H92!I;F9O2!F M;W(@=&AE(&9I'0^/'`@ XML 13 R8.htm IDEA: XBRL DOCUMENT

Summary of Significant Accounting Policies

6 Months Ended

Jan. 31, 2013

Summary Of Significant Accounting Policies

Note 2 - Summary of Significant Accounting Policies

Basis of Presentation – Unaudited Interim Financial Information

The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for the interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (“SEC”) to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim period presented. Unaudited interim results are not necessarily indicative of the results for the full fiscal year. These financial statements should be read in conjunction with the audited financial statements of the Company for the fiscal year ended July 31, 2012 and notes thereto contained in the Company’s Annual Report on Form 10-K filed with the SEC on October 29, 2012.

Development Stage Company

The Company is a development stage company as defined by section 915-10-20 of the FASB Accounting Standards Codification. The Company is still devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced. All losses accumulated since inception have been considered as part of the Company's development stage activities.

Use of Estimates and Assumptions

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reporting amounts of revenues and expenses during the reporting period.

The Company’s significant estimates and assumptions include the fair value of financial instruments; income tax rate, income tax provision, deferred tax assets and valuation allowance of deferred tax assets; the carrying value and recoverability of long-lived assets, including the values assigned to an estimated useful lives of website development costs and the assumption that the Company will be a going concern. Those significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to those estimates or assumptions, and certain estimates or assumptions are difficult to measure or value.

Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.

Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly.

Actual results could differ from those estimates.

Fair Value of Financial Instruments

The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by paragraph 820-10-35-37 of the FASB Accounting Standards Codification are described below:

Level 1		Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.

Level 2		Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.

Level 3		Pricing inputs that are generally observable inputs and not corroborated by market data.

Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable.

The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument.

The carrying amounts of the Company’s financial assets and liabilities, such as cash, prepaid expenses, accounts payable and accrued expenses, approximate their fair values because of the short maturity of these instruments.

Transactions involving related parties cannot be presumed to be carried out on an arm's-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm's-length transactions unless such representations can be substantiated.

It is not, however, practical to determine the fair value of advances from stockholders, if any, due to their related party nature.

Fiscal Year-End

The Company elected July 31 as its fiscal year ending date.

Cash Equivalents

The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents.

Related Parties

The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions.

Pursuant to section 850-10-20 the related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 825–10–15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g. other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.

The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d. amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.

Commitments and Contingencies

The Company follows subtopic 450-20 of the FASB Accounting Standards Codification to report accounting for contingencies. Certain conditions may exist as of the date the consolidated financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or unasserted claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein.

If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s consolidated financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed.

Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time, that these matters will have a material adverse effect on the Company’s consolidated financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows.

Revenue Recognition

The Company applies paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured.

Income Tax Provision

The Company adopted the provisions of paragraph 740-10-25-13 of the FASB Accounting Standards Codification. Paragraph 740-10-25-13.addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under paragraph 740-10-25-13, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Paragraph 740-10-25-13 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of paragraph 740-10-25-13.

The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying consolidated balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its consolidated balance sheets and provides valuation allowances as management deems necessary.

Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. In management’s opinion, adequate provisions for income taxes have been made for all years. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary.

Uncertain Tax Positions

The Company did not take any uncertain tax positions and had no adjustments to unrecognized income tax liabilities or benefits pursuant to the provisions of Section 740-10-25 for the interim period ended January 31, 2013 or 2012.

Net Income (Loss) per Common Share

Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants.

There were no potentially outstanding dilutive shares for the interim period ended January 31, 2013 or 2012.

Cash Flows Reporting

The Company adopted paragraph 230-10-45-24 of the FASB Accounting Standards Codification for cash flows reporting, classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method (“Indirect method”) as defined by paragraph 230-10-45-25 of the FASB Accounting Standards Codification to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments. The Company reports the reporting currency equivalent of foreign currency cash flows, using the current exchange rate at the time of the cash flows and the effect of exchange rate changes on cash held in foreign currencies is reported as a separate item in the reconciliation of beginning and ending balances of cash and cash equivalents and separately provides information about investing and financing activities not resulting in cash receipts or payments in the period pursuant to paragraph 830-230-45-1 of the FASB Accounting Standards Codification.

Subsequent Events

The Company follows the guidance in Section 855-10-50 of the FASB Accounting Standards Codification for the disclosure of subsequent events. The Company will evaluate subsequent events through the date when the financial statements were issued. Pursuant to ASU 2010-09 of the FASB Accounting Standards Codification, the Company as an SEC filer considers its financial statements issued when they are widely distributed to users, such as through filing them on EDGAR.

Recently Issued Accounting Pronouncements

FASB Accounting Standards Update No. 2011-08

In September 2011, the FASB issued the FASB Accounting Standards Update No. 2011-08 “Intangibles—Goodwill and Other: Testing Goodwill for Impairment” (“ASU 2011-08”). This Update is to simplify how public and nonpublic entities test goodwill for impairment. The amendments permit an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test described in Topic 350. Under the amendments in this Update, an entity is not required to calculate the fair value of a reporting unit unless the entity determines that it is more likely than not that its fair value is less than its carrying amount.

The guidance is effective for interim and annual periods beginning on or after December 15, 2011. Early adoption is permitted.

FASB Accounting Standards Update No. 2011-11

In December 2011, the FASB issued the FASB Accounting Standards Update No. 2011-11 “Balance Sheet: Disclosures about Offsetting Assets and Liabilities” (“ASU 2011-11”). This Update requires an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. The objective of this disclosure is to facilitate comparison between those entities that prepare their financial statements on the basis of U.S. GAAP and those entities that prepare their financial statements on the basis of IFRS.

The amended guidance is effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods.

FASB Accounting Standards Update No. 2012-02

In July 2012, the FASB issued the FASB Accounting Standards Update No. 2012-02 “Intangibles—Goodwill and Other (Topic 350) Testing Indefinite-Lived Intangible Assets for Impairment” (“ASU 2012-02”).

This Update is intended to reduce the cost and complexity of testing indefinite-lived intangible assets other than goodwill for impairment. This guidance builds upon the guidance in ASU 2011-08, entitled Testing Goodwill for Impairment. ASU 2011-08 was issued on September 15, 2011, and feedback from stakeholders during the exposure period related to the goodwill impairment testing guidance was that the guidance also would be helpful in impairment testing for intangible assets other than goodwill.

The revised standard allows an entity the option to first assess qualitatively whether it is more likely than not (that is, a likelihood of more than 50 percent) that an indefinite-lived intangible asset is impaired, thus necessitating that it perform the quantitative impairment test. An entity is not required to calculate the fair value of an indefinite-lived intangible asset and perform the quantitative impairment test unless the entity determines that it is more likely than not that the asset is impaired.

This Update is effective for annual and interim impairment tests performed in fiscal years beginning after September 15, 2012. Earlier implementation is permitted.

Other Recently Issued, but not yet Effective Accounting Pronouncements

Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying financial statements.

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

+ References+ Details

XML 14 R2.htm IDEA: XBRL DOCUMENT

Balance Sheets (USD $)	Jan. 31, 2013	Jul. 31, 2012
Current assets
Cash	$ 42,315	$ 5,601
Prepaid exenses	500	300
Total current assets	42,815	5,901
Total assets	42,815	5,901
Liabilities and stockholders' deficit
Accounts payable	17,833	482
Accrued expenses	1,767	9,317
Interest payable	4,753
Convertible notes payable	250,000
Advances from stockholder	76,815	66,835
Total current liabilities	351,168	76,634
Total Liabilities	351,168	76,634
Stockholders' deficit
Common stock: $0.0001 par value: 300,000,000 shares authorized; 73,200,000 shares issued and outstanding	7,320	7,320
Additional paid-in capital	41,180	41,180
Deficit accumulated during the development stage	(356,853)	(119,233)
Total stockholders' deficit	(308,353)	(70,733)
Total liabilities and stockholders' deficit	$ 42,815	$ 5,901

XML 15 R6.htm IDEA: XBRL DOCUMENT

Statements of Cash Flows (USD $)	6 Months Ended		68 Months Ended
Statements of Cash Flows (USD $)	Jan. 31, 2013	Jan. 31, 2012	Jan. 31, 2013
Cash flows from operating activities:
Net loss	$ (237,620)	$ (14,694)	$ (356,853)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization.			5,950
Changes in operating assets and liabilities:
Prepaid expenses.	(200)		(500)
Accounts payables.	17,351	(823)	17,833
Accrued liabilities	(7,550)	(2,500)	1,767
Net cash used in operating activities	(228,019)	(18,017)	(331,803)
Cash flows from investing activities
Website development			(5,950)
Net cash used in investing activities			(5,950)
Cash flows from financing activities:
Advances from stockholder.	9,980	30,000	76,815
Proceeds from convertible notes	250,000		250,000
Increase in interest payable	4,753		4,753
Proceeds from sale of common stock			48,500
Net cash provided by financing activities	264,733	30,000	380,068
Net change in cash	36,714	11,983	42,315
Cash, beginning of period	5,601	2,426
Cash, end of period	42,315	14,409	42,315
Supplemental disclosure of cash flows information:
Interest paid
Income tax paid

XML 16 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'

'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'

'+ "\n"+' '+ "\n"+'

'+ "\n"+'

'+raw+'

'+ "\n"+'

'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } } XML 17 R7.htm IDEA: XBRL DOCUMENT

Organization and Operations

6 Months Ended

Jan. 31, 2013

Organization And Operations

Note 1 - Organization and Operations

Incorporation

The Company was incorporated under the laws of the State of Nevada on May 29, 2007. The business plan of the Company is to develop software, specializing in providing sales tool solutions for the real estate industry. More specifically, the Company has developed an online Content Management System (“CMS”) that enables real estate agents to build a website to showcase their listings.

Amendment to the Articles of Incorporation

Effective March 14, 2012 the Board of Directors and the majority voting stockholders adopted and approved a resolution to amend its Articles of Incorporation to (a) increase the number of shares of authorized common stock from 20,000,000 to 300,000,000; (b) create 25,000,000 shares of "blank check" preferred stock, par value $0.0001, per share; (c) change the par value of each share of common stock from $0.001 per share to $0.0001 per share; and (d) effectuate a forward split of all issued and outstanding shares of common stock, at a ratio of thirty-for-one (30:1) (the "Stock Split").

All shares and per share amounts in the financial statements have been adjusted to give retroactive effect to the Stock Split.

Amendment to the Articles of Incorporation

Effective September 24, 2012 the Board of Directors and the majority voting stockholders approved an amendment to the Company's Articles of Incorporation to change the name of the Company from "ERE Management, Inc." to "Guar Global Ltd." (the "Company").

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 720

-SubTopic 15

-URI http://asc.fasb.org/subtopic&trid=2122524

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6921930&loc=d3e5614-111684

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6970148&loc=SL6228881-111685

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Name Statement of Position (SOP)

-Publisher AICPA

-Number 94-6

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6359566&loc=d3e326-107755

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS140-4/FIN46(R)-8

-Paragraph 8, C1, C7

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Name FASB Interpretation (FIN)

-Publisher FASB

-Number 46R

-Paragraph 4, 14, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 852

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2209116

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 275

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2134480

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 2-6

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 915

-SubTopic 235

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6472506&loc=d3e38932-110933

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2122150

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 10

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6359553&loc=d3e288-107754

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2197480

+ Details

XML 18 R3.htm IDEA: XBRL DOCUMENT

Balance Sheets (Parenthetical) (USD $)	Jan. 31, 2013	Jul. 31, 2012
Stockholders' deficit
Common Stock, par value	$ 0.0001	$ 0.0001
Common Stock, shares authorized	300,000,000	300,000,000
Common Stock, shares issued	73,200,000	73,200,000
Common Stock, shares outstanding	73,200,000	73,200,000

- Definition

Total number of shares of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares represent the ownership interest of the common shareholders. Shares outstanding equals shares issued minus shares held in treasury and other adjustments, if any.

+ References+ Details

XML 19 R1.htm IDEA: XBRL DOCUMENT

Document and Entity Information	6 Months Ended
Document and Entity Information	Jan. 31, 2013	Mar. 18, 2013
Document and Entity Information
Entity Registrant Name	Guar Global Ltd.
Entity Central Index Key	0001415751
Document Type	10-Q
Document Period End Date	Jan. 31, 2013
Amendment Flag	false
Current Fiscal Year End Date	--07-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		73,200,000
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2013

XML 20 R4.htm IDEA: XBRL DOCUMENT

Statements of Operations (USD $)	3 Months Ended		6 Months Ended		68 Months Ended
Statements of Operations (USD $)	Jan. 31, 2013	Jan. 31, 2012	Jan. 31, 2013	Jan. 31, 2012	Jan. 31, 2013
Revenues earned during the development stage
Operating expenses
Professional fees	40,023	6,000	43,978	10,550	147,706
Rent	470	453	925	927	10,380
Amortization					5,950
Website development	35,000		35,000		35,000
Consulting	34,790		34,790		34,790
General and administrative	1,287	2,805	1,964	3,217	9,514
Total operating expenses	111,570	9,258	116,657	14,694	243,340
Loss from operations	(111,570)	(9,258)	(116,657)	(14,694)	(243,340)
Other income (expense)
Other income					7,450
Interest expense	(4,753)		(4,753)		(4,753)
Write off of failed venture	(116,210)
Impairment			(116,210)		(116,210)
Total other income (expense)	(120,963)		(120,963)		(113,513)
Loss before income tax provision	(232,533)	(9,258)	(237,620)	(14,694)	(356,853)
Income tax provision
Net loss	$ (232,533)	$ (9,258)	$ (237,620)	$ (14,694)	$ (356,853)
Net loss per common share:
Basic and diluted	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Weighted average common shares outstanding:
basic and diluted.	73,200,000	73,200,000	73,200,000	73,200,000

XML 21 R12.htm IDEA: XBRL DOCUMENT

Stockholders' Equity

6 Months Ended

Jan. 31, 2013

Stockholders' deficit

Note 6 - Stockholders' Equity

Shares Authorized

Upon formation the total number of shares of common stock which the Company is authorized to issue is Twenty Million (20,000,000) shares, par value $0.001 per share.

All shares and per share amounts in the financial statements have been adjusted to give retroactive effect to the Stock Split.

Common Stock

On July 16, 2007, the Company issued 48,000,000 shares of its common stock to Mr. Imperial for cash proceeds of $20,000. On July 17, 2007, Mr. Imperial was elected to the Board of Directors, and became the President, Secretary, and Treasurer of the Company.

On January 24, 2008, the Company completed and closed an offering by selling 25,200,000 shares, of the 36,000,000 registered shares, of its common stock, par value of $0.0001 per share, at an offering price of $0.0017 per share for gross proceeds of $42,000. Costs associated with this offering were $13,500.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 4.E)

-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 4

-Subparagraph (SAB TOPIC 4.C)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187143-122770

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 2, 3, 4, 5, 6, 7, 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Preferred Stock

-URI http://asc.fasb.org/extlink&oid=6521494

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Article 4

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section C

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29-31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 4

-Section 08

-Paragraph d

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section E

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 17: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 18: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(d),(e))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 19: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Chapter 1

-Section B

-Paragraph 7, 11A

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 20: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 21: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 22: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 23: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

+ Details

XML 22 R11.htm IDEA: XBRL DOCUMENT

Convertible Notes Payable

6 Months Ended

Jan. 31, 2013

Convertible Notes Payable

Note 5 - Convertible Notes Payable

On November 9, 2012, the Company entered into a loan agreement. The balance of $200,000 is due on November 9, 2013, bears interest at 10% per year and is convertible at $0.25 per share, at the discretion of the holder. Interest outstanding at January 31, 2013 is $4,547. $150,000 of the $200,000 received was advanced for a potential acquisition in Hong Kong. To date, $83,790 of the funds advanced for a potential acquisition in Hong Kong have been spent on expenditures for the benefit of the Company. There is sufficient doubt upon the recoverability on the remaining funds and, as such, the Company has recorded an impairment allowance of $66,210.

On January 16, 2013, the Company entered into a loan agreement. The balance of $50,000 is due on January 16, 2014, bears interest at 10% per year and is convertible at $0.25 per share, at the discretion of the holder. Interest outstanding at January 31, 2013 is $206. The $50,000 that was received was advanced for a potential acquisition in Hong Kong. There is sufficient doubt upon the recoverability of these funds and, as such, the Company has recorded an impairment allowance of $50,000.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References+ Details

XML 23 R15.htm IDEA: XBRL DOCUMENT

Convertible Notes Payable (Details Narrative) (USD $)	Jan. 31, 2013
Loan Agreement November 9, 2012 [Member]
Interest outstanding	$ 4,547
Loan Agreement January 16, 2013 [Member]
Interest outstanding	$ 206

XML 24 R13.htm IDEA: XBRL DOCUMENT

Subsequent Events	6 Months Ended
Subsequent Events	Jan. 31, 2013
Subsequent Events
Note 7 - Subsequent Events	The Company has evaluated all events that occurred after the balance sheet date through the date when the financial statements were issued to determine if they must be reported. The Management of the Company determined that there were no reportable subsequent events to be disclosed.

XML 25 R14.htm IDEA: XBRL DOCUMENT

ACCOUNTING POLICIES (POLICIES)

6 Months Ended

Jan. 31, 2013

ACCOUNTING POLICIES (POLICIES)

BASIS OF PRESENTATION - UNAUDITED INTERIM FINANCIAL INFORMATION

DEVELOPMENT STAGE COMPANY

USE OF ESTIMATES AND ASSUMPTIONS

Actual results could differ from those estimates.

FAIR VALUE OF FINANCIAL INSTRUMENTS

Level 1		Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.

Level 2		Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.

Level 3		Pricing inputs that are generally observable inputs and not corroborated by market data.

It is not, however, practical to determine the fair value of advances from stockholders, if any, due to their related party nature.

FISCAL YEAR-END

The Company elected July 31 as its fiscal year ending date.

CASH EQUIVALENTS

The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents.

RELATED PARTIES

The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions.

COMMITMENTS AND CONTINGENCIES

REVENUE RECOGNITION

INCOME TAX PROVISION

UNCERTAIN TAX POSITIONS

NET INCOME (LOSS) PER COMMON SHARE

There were no potentially outstanding dilutive shares for the interim period ended January 31, 2013 or 2012.

CASH FLOWS REPORTING

SUBSEQUENT EVENTS

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

FASB Accounting Standards Update No. 2011-08

The guidance is effective for interim and annual periods beginning on or after December 15, 2011. Early adoption is permitted.

FASB Accounting Standards Update No. 2011-11

The amended guidance is effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods.

FASB Accounting Standards Update No. 2012-02

This Update is effective for annual and interim impairment tests performed in fiscal years beginning after September 15, 2012. Earlier implementation is permitted.

Other Recently Issued, but not yet Effective Accounting Pronouncements

Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying financial statements.

XML 26 R16.htm IDEA: XBRL DOCUMENT

Stockholders' Equity (Details Narrative) (USD $)	Jan. 31, 2013
Stockholders Equity Details Narrative
Common stock, shares authorized	20,000,000
Common stock, par value	$ 0.001

XML 27 R5.htm IDEA: XBRL DOCUMENT

Statement of Stockholders' Equity (Deficit) (USD $)	Common Stock	Additional Paid-In Capital	Deficit Accumulated during the Development Stage	Total
Beginning Balance, Amount at May. 28, 2007
Beginning Balance, Shares at May. 28, 2007
Shares issued for cash at $0.0003 per share on August 1, 2008, Amount	4,800	15,200		20,000
Shares issued for cash at $0.0003 per share on August 1, 2008, Shares	48,000,000
Net loss			(1,999)	(1,999)
Ending Balance, Amount at Jul. 31, 2007	4,800	15,200	(1,999)	18,001
Ending Balance, Shares at Jul. 31, 2007	48,000,000
Shares issued for cash at $0.001 per share on January 24, 2008, Amount	2,520	25,980		28,500
Shares issued for cash at $0.001 per share on January 24, 2008, Shares	25,200,000
Net loss			(43,401)	(43,401)
Ending Balance, Amount at Jul. 31, 2008	7,320	41,180	(45,400)	3,100
Ending Balance, Shares at Jul. 31, 2008	73,200,000
Net loss			(21,813)	(21,813)
Ending Balance, Amount at Jul. 31, 2009	7,320	41,180	(67,213)	(18,713)
Ending Balance, Shares at Jul. 31, 2009	73,200,000
Net loss			(10,046)	(10,046)
Ending Balance, Amount at Jul. 31, 2010	7,320	41,180	(77,259)	(28,759)
Ending Balance, Shares at Jul. 31, 2010	73,200,000
Net loss			(16,690)	(16,690)
Ending Balance, Amount at Jul. 31, 2011	7,320	41,180	(93,949)	(45,449)
Ending Balance, Shares at Jul. 31, 2011	73,200,000
Net loss			(25,284)	(25,284)
Ending Balance, Amount at Jul. 31, 2012	7,320	41,180	(119,233)	(70,733)
Ending Balance, Shares at Jul. 31, 2012	73,200,000
Net loss			(237,620)	(237,620)
Ending Balance, Amount at Jan. 31, 2013	$ 7,320	$ 41,180	$ (356,853)	$ (308,353)
Ending Balance, Shares at Jan. 31, 2013	73,200,000

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.22)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.18)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e565-108580

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A7

-Appendix A

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 10, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6519514

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=6518256

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 19

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28, 29, 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 20

-Article 9

+ Details

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References+ Details

- Definition

Number of new stock issued during the period.

+ References+ Details

- Definition

Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.

+ References+ Details

XML 28 R10.htm IDEA: XBRL DOCUMENT

Related Party Transactions

6 Months Ended

Jan. 31, 2013

RELATED PARTY TRANSACTIONS

Note 4 - Related Party Transactions

Advances from Stockholder

From time to time, stockholders of the Company advance funds to the Company for working capital purpose. Those advances are unsecured, non-interest bearing and due on demand.

- Definition

The entire disclosure for related party transactions, including the nature of the relationship(s), a description of the transactions, the amount of the transactions, the effects of any change in the method of establishing the terms of the transaction from the previous period, stated interest rate, expiration date, terms and manner of settlement per the agreement with the related party, and amounts due to or from related parties. If the entity and one or more other entities are under common ownership or management control and this control affects the operating results or financial position, disclosure includes the nature of the control relationship even if there are no transactions between the entities. Disclosure may also include the aggregate amount of current and deferred tax expense for each statement of earnings presented where the entity is a member of a group that files a consolidated tax return, the amount of any tax related balances due to or from affiliates as of the date of each statement of financial position presented, the principal provisions of the method by which the consolidated amount of current and deferred tax expense is allocated to the members of the group and the nature and effect of any changes in that method. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(k))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 3A

-Section 04

-Paragraph b

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 57

-Paragraph 1-4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 4

-Section 08

-Paragraph k

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864

+ Details

XML 29 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 68 99 1 false 5 0 false 3 false false R1.htm 0001 - Document - Document and Entity Information Sheet http://guarglobal.com/20121031/role/idr_DocumentDocumentAndEntityInformation Document and Entity Information true false R2.htm 0002 - Statement - Balance Sheets Sheet http://guarglobal.com/role/BalanceSheets Balance Sheets false false R3.htm 0003 - Statement - Balance Sheets (Parenthetical) Sheet http://guarglobal.com/role/BalanceSheetsParenthetical Balance Sheets (Parenthetical) false false R4.htm 0004 - Statement - Statements of Operations Sheet http://guarglobal.com/role/StatementsOfOperations Statements of Operations false false R5.htm 0005 - Statement - Statement of Stockholders' Equity (Deficit) Sheet http://guarglobal.com/role/StatementOfStockholdersEquityDeficit Statement of Stockholders' Equity (Deficit) false false R6.htm 0006 - Statement - Statements of Cash Flows Sheet http://guarglobal.com/role/StatementsOfCashFlows Statements of Cash Flows false false R7.htm 0007 - Disclosure - Organization and Operations Sheet http://guarglobal.com/role/OrganizationAndOperations Organization and Operations false false R8.htm 0008 - Disclosure - Summary of Significant Accounting Policies Sheet http://guarglobal.com/role/SummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies false false R9.htm 0009 - Disclosure - Going Concern Sheet http://guarglobal.com/role/GoingConcern Going Concern false false R10.htm 0010 - Disclosure - Related Party Transactions Sheet http://guarglobal.com/role/RelatedPartyTransactions Related Party Transactions false false R11.htm 0011 - Disclosure - Convertible Notes Payable Notes http://guarglobal.com/role/ConvertibleNotesPayable Convertible Notes Payable false false R12.htm 0012 - Disclosure - Stockholders' Equity Sheet http://guarglobal.com/role/StockholdersEquity Stockholders' Equity false false R13.htm 0013 - Disclosure - Subsequent Events Sheet http://guarglobal.com/role/SubsequentEvents Subsequent Events false false R14.htm 0014 - Disclosure - ACCOUNTING POLICIES (POLICIES) Sheet http://guarglobal.com/20121031/role/idr_DisclosureACCOUNTINGPOLICIESPOLICIES ACCOUNTING POLICIES (POLICIES) false false R15.htm 0015 - Disclosure - Convertible Notes Payable (Details Narrative) Notes http://guarglobal.com/role/ConvertibleNotesPayableDetailsNarrative Convertible Notes Payable (Details Narrative) false false R16.htm 0016 - Disclosure - Stockholders' Equity (Details Narrative) Sheet http://guarglobal.com/role/StockholdersEquityDetailsNarrative Stockholders' Equity (Details Narrative) false false All Reports Book All Reports Process Flow-Through: 0002 - Statement - Balance Sheets Process Flow-Through: Removing column 'Jul. 31, 2011' Process Flow-Through: Removing column 'Jul. 31, 2010' Process Flow-Through: Removing column 'Jul. 31, 2009' Process Flow-Through: Removing column 'Jul. 31, 2008' Process Flow-Through: Removing column 'Jul. 31, 2007' Process Flow-Through: Removing column 'May 28, 2007' Process Flow-Through: 0003 - Statement - Balance Sheets (Parenthetical) Process Flow-Through: 0004 - Statement - Statements of Operations Process Flow-Through: 0006 - Statement - Statements of Cash Flows ggbl-20130131.xml ggbl-20130131.xsd ggbl-20130131_cal.xml ggbl-20130131_def.xml ggbl-20130131_lab.xml ggbl-20130131_pre.xml true true ZIP 30 0001165527-13-000266-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001165527-13-000266-xbrl.zip M4$L#!!0````(`&B%:__XO`/Z_^IU8C[SFSS"MRZPQJ=_;0N2:?Z(1=D5^8S03U''%-?J66 MCT>7ET]/3Q>V\TB? M'/'=O1@XZ89[<'PQ8-%8HU'?^H^N_6%SRUV>Q^3S5+QPQNC0T M3;_\[>.'A\&836B-VZY'[0$["^^RN/T]Z3Z]V^U>RK/AI2M7(O&01OT23_>I M.Q\9&=QP_0HG<-;THAOB%SDW3:W4]O%RPX5J66Y=P-KR0NT[#T-N;YJ>N"&_PW=J(TFETPY"Z?7EQ<"*! M&3@C'(NYB??(,PDWV8YM^Y-DODQ/7'JS*;N$BVIP%1-\$-VW_:;%&X`'/)S, MG3R3P!VND>B&D4_%R'+ZU((E-\&KZ_`__2Q<'8BH*U?B]@L;$@G&J[%4$8Y3 M"V^X>';-L^`T$GY]YO+)U`)D789#J=4R<&R//7N$FZ_/W@MG`@,8-:T#+'H. M#A;P&MP4W<9LCWNSZ&ATG)MX9LB9())+MB#`$&@W=_\^>P/K5F_HS793?W6Y M?/.'R! M@?!@(-+U([-F=KE<;A?H^47BGM;6F45TS'P!N M3V8^B#GT6,QA5'Z-AM/)MD:-?:[12,XR_/QQY"RG'%`&A_X>%J`(1_HZO[SXTSF3CV@^<,OG]DDSX3!Q/A''%L-&&QN4>G M3&#F>6KQ`?<4K\3D<*5*I06Y@BM,#C&\_]T?/O`-\YLZ-OQT>\_7B23B[%TF\W>@6"Y4X3[M%]((_3'^<8+,,4$F:( M(-/)`YEN"9#IQJ)^[029(X),-\\&1ML_9)!&!!G]!)GC@4RHF6R0T4N`S%)N MX029HX%,WC3)WB&34`([0>8H('.LU;PP2WJ"R:%@4E;&>J[ODR?7=*T/C[[WV7\PKA2=] M'XF^]]KUM=@X>-+W$>A[KSV0&XK+Z"4K'#*5* M%=U/4#IF*!U],?X$GR.#SX&*]"<<'#4.2BO>GW!PO#@HLZA_PL'QXJ#,8O\) M!T>+@U*;`$XX.%X*@S*:!$PZ.%P<':R88#/R);X'LS'MOS`3* M3;`Q2O>1W=D#9\)^+GRDE<>A*\,5:C(X0:R:$*M0\\$)8A6$6+6:$DX0JR#$ MJM6L<()8]2!6L2:&$\0J"+%J-3><(%9!B!U_T\,)5M6`U:&:(4[XJ"(^RFN2 M..&C-`31L5^RY$93L7*B[GRI3OJRSG*M6PJRSG*A5R*RSG2E4SJRSGXROI+>;3 M*R;;PR25JRND$C.KU152B>G%R@JIE!Q;N$?^X%"[-Q),;A]_L-WPPX#9%&2D M=L'XV?.KA.G^J)O=38J^MW^TS,,NKY@;[CK M-`R]?077A(.%IQ9)X&AKQG\84\'HY8A5`&(2PSF31JC.@MLYT)M[>1W2Z89;I)`X?G%Z20)-$HT>>Z MS'-)@)DO;+AL#ER/.-36X5-IK1776M*P'SCM>NSK\X7)LL#GV'KO/N\VZV%-;B>0$Y6THBAU>K4<_'0 M&PR$S\SB4*"W6^V8G5@W?#X^THBB6]?S,!"[8@\+("VUW2"_`C#VR"QG*@-' MCX[8.R`DIH*[[)8-,2B,E451JS=;G68]ALB=6=GSY-)(OJ;K M7:.^UUFM>25CWKL3?V_4LO/C<%VW8@17QXU$]54 MRS(3N3M$"G.]SW1&^]:N05*C'5]KR6/GX&#-M)]=?F5SZ_69!Z;UC%RNBM)^ M9.!T8-1/CL?<@$+>R1D0`FH+HDT3&CCNF.Y6 MA\Y(/)4=:\,EQ1+5MQ-M-!N-;I%$M;;6-#I[4=Z&SU?NB]R:K_%L7/:=^+K8 M6:!;O^R7WOP5QYO: M`<"?_4G9_5JMO&PL;=:[W2+#S=Q/!6X+BO=A9[,_F[:1RU;;T(O<+^1^0FKS MKJ9M-(O7>([G=#9RV:UW"]T&Y7Y:)%.FJW`;6`R;RVG&`BUB>VNF&W9?^MX, MS.9,L[Y'H[$%&)WV'DW!9MI&IYUM@<=RXSW;+"YMLU1VW49F)[:R%V>SLA/; M+'VFXE[(;A-3IBW#5H64@HKU-L08O/OT_NR-=J$M+)<41'?E,T%RI3&H6DEZ MOC=V!/^3F>D$@++-6UX)_$KE;)I67JU5QEOZ.PH(-_!;&%)4\C"3 M6B[%<7'O>]@T97)[M&^YQ$CE9JM("6W@YQ=F,T$ML&D]<\)M[GJ">A`N!&T9 M"RRM?\W49I_>;<5*JUL([LY?_!F]5/QUFWJ9_"T_.[&]!&[$B^]E$7WCNA-'.'Q/RDF&G*NC&V[^BST,B.] MV6TNE([7D-I)!BG07:0,TJ"U4'HIT+>-W@=&708`_`(4J56@I>T:\0`ZB4I> M5C)#3=?J\:Q:H<@,45UK-K6B6<@&S9:F%,O7?(GQ@O=6.;T&SD"^8]CU5AH-4Q/O5"^,V,% M=@1:O)?_0'QG3\`LIM?RLPVW#!@S7>0#LY9P/;L?QM)U>XID\M#-;@DZ2X^5 M;:%9B'`*B,.6U_:=O=3%#?HN9*.SU$^^G6I!G&;7Y*$X+4*=<1C%VM5O6;\0 M+2XWSF\@MQMGF;56&F=%:RGV3-VL*#5UNYTUHEBFMB-GF=6T]&3C'EG;U<]E M86V-3[P#++E>$0'0-D#MQ$!F)=86,^GIB1I?8"B2@=Z.]8VUI':200$R7Z/T^RF^-J+PW4+-,#J:WMV*U@3RA3*>?9'5 MZWI'V[[/V3?CF>UH#=B.EVSS\[T:1ZT^>UT(1MH+V>OUR0,%_H0;"X\E\M!XH?`R^0@^3O1I7*0^!GA4CE(_,ILJ3A(7`O[>+YQ M9[>S_`V+PIYPK#?B?0B[\9FXL(OAT]`[>E%!1/+R+TCMFM9H%17L[/8Q^_A>U?2IF M1@.74&^"R?:T.[-L;S<#)PH\[$7F7/+_W(DHRD;:2HST:)?ME0"TUN>K975 MD,/)7]U0Q"):8P%P)2D+L`N#RR;K7HRH'3S%>>/8KF-Q4_[HV>9GN!Z?;\ULK0F/OF[Y9W/26N-[/8Z[,AW'1%=&WJ MD:]\`F+\Q)[(%V="[7-UX)P\,,&'UV1"Q8C;5T2[)DBF1BT^@I_X7"H?SL[^ M/O*N<60<,.O@ZF8ZF5[_16]ICN?C'[@NQ-014B!X]-(/SU]&5UXBN>C' M5/[U%[T>_&M_DU[@NSRZ7\>,H/&@]HP\49?P2$;@`GW;9(*`?2$6?7(E)\Y0 M_I88(O#C$WND)B6.33[2&3&ZYP17S`7!XUAPB^6C(ETR=!23@E&+ MP/8'6>.V";,4LPORT1%,C3KD`VI9L_,%/L8PZ8`+F#'R:5O`-9R'=0`@_$AM M.I++A3S,7%@XDH,7@;X:[>N;CP_AC\[U2QB;>H396/9V%SB"46#)X:3[/K>` M%'EB?9?#&3CDCIVG`3[N`:QQ02PNF^+1'*@9CHC?0JNB&U.-;APH3E7C+!5SI M"!<6K2E/3>COCL`W8#TZGC08L9=7$6HZ4T^NJ;UGA7S3^LB2,&!1/9`B.%:9T M#N$`_A_'JVO1SVORHO^2X-!@'(QF>%BR,A];Z;K>N.Z#=06_/6:#[]$Q,)ML MR(0`PI+B.9E201[E\X9_52^K@D/XH3H<#P@.@."8VB,UE_G%0(A1T(&\#G^I M>2A>YG.18^KS$7%&`9TX&13^"_,E85++OC2+:+Z?4*?NU.*>E)IE@7N0FS"\ MP8F].&@^_64^S@G87=`G*DCY&BZ\60T&KSE@SE_4M2O])7F!LXNDI)ZV>4"Z MT;&7%U5=.M5?_#W+BH,/^/%)X\YO=L M&&=YHR+]6^0>WGUY%]L2G.-H%W.O"Z-%/WZ!K3OYQ7+Z8*(^>&;L*G1"2F_A MH8#6=BVAI2,G."-A0,F@-.G,1\$GU*<3#$!YX;7 M(TX!.XYZV@%43!=Q6K3OC\ M"Z'SQV_"I`7'FBV?$/5%8SQD$[!ES$3T8-H"S2,"AOC M>]B%X#`#L*X`))EZ`:P,J32EDA%!.1QQ_;[\F#*N$=/Q^S#]/L363Z!?&39"C^;\PMMIR_HA[:`*E8*:0)`&:@[,W<"$A8C.2[&#T6 M*>]\G=01/&3JN+*,`9S-0.4>A+2@YI$M,U@VII<2-_"JYLG0XE*R;E MUBQFE2[B*2U$GVW*K)0""8TJ*&3HXYD^Y@6E8:-DZOCTF<5AZD'Z+K2ZN!Q01%/EKX#-/I/2I-^9=,U#7V!U@W`PM0'# M8-47\XJ)\@W2ADIECI01YN=GN.P"'N:JW()PLJK\<#JA(7KDX6H!.2&+\F6; M;"3'CK($$7/`LF0"[L:+8RLM60D2+?B4)DRWCTY!>C"!+XYP5<"#.4<9:ZG, M:XR;]1.5+"Q-%F%MLBD:(!"V/W7L%.8AMY9^$N/Q==UVU73DZ@:`6#Y@%24L M=1*]IA-]GO).05@+`3*$O"(4/DIU8`$8I&4(XPB\2)@JS@%_%&Z<`X<3_DR^ M-Q:#S-?JA(_&T@C9#!#GHA=TQXYOF4N+@O@R[WW\+B/^NOOU8>Y*>P`X4/:' M#WIY]R@?HSZR>#A>TF"8OI/(P6P:>U2U!U2F`S$/)@85U(9>4.&!;0K:$U`L M`\R8N$R]L5!^!D,B//"$P[Q^4X_OH$A&?D M(VQ)D=*+>;W@93#\2E9?EUQ$.=,CL+1ET(VR3"15O4@9OCW6C%;2DDGUHK5X M*;1F1%+6BQ1N]ELS(IOK19*%,FI&)$6]2!7Y,]:,?OB%U@,A9ZK-+*5B"JK/ M_/!R7G7)JM],B>*G],:2[KU-_N5;,Z*W5)O1^9(GE8D%Z,@"N=#UAWC=R M/RIOV&<#K#7@99BMYZ:L)CS@RQP\V%^IB[ZBMX!P42Q%Q3_),D")!TE753#2 M.HL:Q^RO!1L$,W+I*M27;5Q!9@H36"Z#$`K^!+]H+/C%\U"P]5;D,04;<1>? MHS'C%RV#YWS1WP5^:S'\4BXFQLI4\,'\7FZ*_ZO7S)MQQ>(1L^M3>FMW0RC9JGO,,WB@#\_SL M6'S`V5'MOE<-]EOJ2MV0>"TNB"+T)@SUS::^R4/LW@55@*A6!P%DM,GX>0W^ M2I7/#Z46U4W6QAIH#L+LF>U@G6X>?4250`A8<'QARMR'7%0T0AJN5QAZBB&] MREU:8/_A/)O&BE#?;,F/+*Y&1>;>!)@;4!+K$_UV\7!!?NGU/L>[19>K0//$ M"I_K7SF#8,5#I.1;+)S>"(M7,H<>&+)5;L"G^$+5G/">=\]!S(XA!9W!'H=TD."7B#YYJ/UV07I2E""YH,EVMI3A5&8: M@LB`V=@!#Q_&4J@0#.X$*`NL="4XYZ,#F)^:@5/9[`TABUTIFAKZPN3MF M9EA`+V!5@75[7C(MM!05:@4(4JZ0V$3RWW9;"WEW8_@(8SY7:05YW$ M>@:B+&K8TP+[&1!2+01PV M1ICR?41G%)5#EJD-?1#%$*PTS'?&J(@JBTG)OR`?++-[5*X-D-OOOBTK/'/L MAERN5PF=!($S4Z;0E9T(MK)S+E.+I:LW:X`_0PO-P/O>PULR#X!0V+8)6PL7 M:)E1]4;9OAAU8`L6,'`09+;FY7_T8D&K91#:PHX;EH"+^,;'%?H6&,6P&R(J MY-$@SX4%/>0Y<(^P@F+E;NEDT>"$]7`SL3:,J03LFD"O-&_"4#Y\L:$AYK:E M*3:9:N'!`'RY7/`/-ZEW(VJZ^&F7ZC?5//0.KIG(EB7IRK$+2HK8_;E7K(H& MHQ)HHG_CJH$+$(@A"R:,I5^8QR9!Q.+&/#U&3Q/ZG>&2BLF=SN6N:EHT2'>- MYZ6Q>=$V[!B+F@;B76(XG/G_[7WI;QO)M>_W![S_H3$W@T@`J6BQO.8&4&QY M(L2Q'=N3O'RZ:))%J<=4-]W=E*SYZ^]9JT[U(K(MC>TG#0),+(FL]=39S^]X M.XI=G,0CEG]&>3 M_NE_08DP%5D1,W7OX^\-=7"H6',403(4EV0.P80=7WE&ZYI*6RE9&ULC46X" M)A,4^>EXD5UH*D(UDKTIA="7R:\!AT..,_'D^!.:):O*@2::X##T'+1JSC+Z M*;M'A&+#6?8D>$Y<.\GGPUE115E6O)(@=<.=@4YJKVN"2BG1>U9]I#?(!M9L MY=03B,EX-GZ-2OD*)T8555YEG4[/U'>(2_'S\7N+YF2+4+[?OS*A( MJ+Y--7=0K35\$61XHER23`YT/:'E!,('*?>7U>Q4>+I/^(S?;T/.=&D2?2APIA31*R@%K"I6Y?3>*%J&KM@54\*Q:.8-F:+)1W<5I>(V%0#* M$3:%T/B=0)DK4.&Y$IIR=BA%,KU(LX40EW$1,=.A$!S.)_E=,=U<3^6&;,T* M=Y(CRA&J5D!CSHL*9.4H'F#W$AL':X!D3X-[$=GX:%\:/$3WA$:.,&:]\,]U M2FX29,IPIO1P&N=U3XZE;:.\1$WG7ZKI6$>XUW3NMYD2?&*HH9']FYZ6Z?(L M>;Q/'H/#7?BO]:)MYC@@41&L")42L>:)$K-3^R36@1F'FBSCET4K>;R/BQH? M'(X/'@WS9UBO]%NSU3!>PU&MRDU+;>9;X`'"RT[/W651 M?F0Y3"N#+[//.:P-F'5'8*$[`K&%9N;V2*VM%)/SK[TU.0]UC(=$=+5DT:T- MW%_2B)&ZO/).4J1SI"BN8N8?1?2X]A@Y-+'1489UG&5P5.7T[$I4'C@=3-[* M?A5AF^7+%2=^>CD%+VIZEF>?4,=162O;:5\&:6BEPVKQ[612%BEH0BB7):[0 MN9)3LDMP]K/L%%9>?&TD\("/3ISOE`R` M4EI5LJ),FE8_3@AQMDA[AJ6F83'!44G:CY(A"Y;F12U'5Q#@.E MTX^G)5#4;"PIVO_U_/GQ\?BQ*[AWCQVC\5_@ZDCTZR7JV?L:]'SM&[R*Y309[]+!KM/[[ M_B=S%^8=RF2L?2`<)AG$7:H0?E3_'3H+=^PVZ)_EC6\6V'CMKKO7-8=1XA\& MG_;-[VO("+=T5!L\@NY5,47O?Y-CZ2?=MT"LC/!%(IN]!S78L`V1V:9A\8Y2 M7%=>ZRC$WA.7T5`S2K?#PL>2PMWZ4Y".O]/Y7:3S@^^;SKTC+:C]+85-DQE` M@I9E,1$L/M#%A,\#D:9]1$K_Q+$:2L!WJ%T-@\R!_^V1*.];0W`8J!^3VYIJ MP%C(P]>P965#_Q=W>:@WP[`WYVSB_Y\7,U";1V3RH+J+Y1F8*SP'918LBOJL MF`$!GV;LA:^R$&L"R@"@_E6L1_B(KKE M4_XMS"`)M`Q75`::02=S:R1V&8.Q>[XG?CK'##$,_H+\.2_(WT"HD8XM*V/H M@$5^X4;B;J_=*5;UL$$$%XJ!"(HLA"UP>)<&X7LG;I'%H4,?4>JRSD-BG;HW MOIX[L:=>[EMZS'R0PT33KT%*6'?U(W:"IXS2,.*\@2S$OD?JN4'?'/?:I$?/ MW4_MQ]!?_IG\O5 M@G=(J"6KZAW,-#3IX#X>9_=$:26-[5"LY3R=(3SN&;(?RJD]7X+VX`/<]BM7 MC2%=&7Q^JW,.JY-KK#RO$MP?4)W'SBJH/C%%ANK0E"05W)Y/-/8J7V!J&#V, MLK$[@:L(B6=4\WTOR/2$^#969K8X/@B?RMZ>S"X;W MH!B1K4HE8@#N-3()!O#-^/YS9!7W);S?$4OB=.'_N+0<'^?WLWZ]%3?2ZC3) MG$8&QT$1GUK-K(JK9H,I?.ORE%/,TJO.&'AQN0)K@BKD15+#/00! M=5^4G#9!OA/N_I85@M_IT0;"0<&HBV4V31Y3!%S48UK(@`@XV4UD\[@FUOEV5U4I,4ZUAX)O`&H:F;JHI91[T:CNL.YW/P=3BG+S(4GN6 M3+83O!H/G<@.7\-UI,P'-"%')::X%&4^EZ$VB<-_(UP@_WU_!ON'H=YS;]?\^W`D_$WL12E\P'U-KC@%C/?` M?B7])>^61G+>RLYIYT6`L.'HZ#/P:G.+/^\"0%% M"_$?G9N/F!Y?%@N2/VB>&,\*U<7-X58Q M'XZA871%G%-3&B#/I10AZY8D?E&@,0G/A(PI`MO*O0WO.0-^7=;N@=66E$Q/ ME7&H[V/IW14*PVI%SF--NK^$%7.M@A0#`CU4#)%B(1CC`Z*%;+[9Y+J-"G6T M=T)4!_-0L0[ZP^C&D2YTG82$>OUQ4![*FH72WG@9W:==LE?N5DX]Z3[Q>\+8 M/_1E*[,30CFX20+2Y#-T,1`J1K]P'-F8'SE3X$^2+5)B*JN`]XK7+/%E"9+\ M+OG&XF?/8&DJ`N2U@A6#R!$=T,G)W]0DCR5YY-CPO,\M8(X\-17?C7JAJ4?? M1K<*52A/,(#0\"G:8J)*$JFER)G&I?*#1B6SS>^*#OUI)#=Q46SQAY"FU(7# M"]RJMD7BHK?,S4B8IN*G7EJI%]^/*=6(#J80;HLPI`%:,B_PE!;^5X1&D8HK M?.1Q5PD82J;CJJ!8GE/=BJU"*EVH<^:;)QG&UV\+R"47.4!4,G\@8:584#8Y MDD&&JJZ]JUN^Z_(:0AXY1):/MD!]+_:-TG9>$?2M5!2.S;%S*.=:<,E2:JVO&F;TG?+C#/X'8#77( MQWRN57_3>VTW7`J`W$>3G`7Q$L/UB*PS0]33$<%QDA9"SA/%33.UVDV;E\,SYUVHH9 M/8:Y\A5%WEP%'CUU5%>).#-!'-!2[4#=*TA1/"/.297TC49UE-S=E7TE<><:0::$VR>G M*[#*\IH<74"[TJE'^S.&OW8=O84@GQ6NDK8;5-<[XF0=6@6U1(APJWRZ-84R ML*TM',C(!^8K]*W4-;J_2&ZR@R2\[W0&EFCE,4_[&R[8-]/WXFP!CT;%\M;Y'2=>Z MN:AH_=KOQPOIBO\0UD;RSDV+TSR[MZB`/4EFD1*Y7"Z0I\1UB`]WJ43R_9,G MX[V!U4NHO`O6"6%-:N M;2>>\VW$\.R\ZT=*9[.236_R)^A+4^&#;*WDSS("K1# M>$K:FXT<(-E<.#QY/!;91\F$,/8*`"C1ONL40AU M$/%UP;#0W@%PF39SK@AJHK@$2S"/*:=U^5&\?:PO8UC(OK%41$&RQIPS\ M7U3#0&ZA0`@6,$SIA)^NXK5HW<%@GK>>]]Q#3]$'ZX911RD>O@U*N7/L'R,H MP8P8XR@E>.+J2R?."[HQQ1I/>Q#_2@,LV-4Z-7+G1"$;SH-'9R&30T43`CG. MLIK+*\98PJ>A>_Q96K,T")2)&QG5`GGN1>8N-;^^B1K7!5.GLH(5Z%S@^'M7 MK7DM_(0#&$0((N.V3,X#!@^K$#N\^_IB$[\*<2HKBQ2F,0!F3TML2V';&"OM M+=)+]6AK5L44`]4N/U5NC:8$PCX+C6!9BX)5P128@T'(:@:/;2[:FUUG6*XG1]WNP^06DOM$S'!>*F/&_*T4; M>3U?NSH1?\461@W(6Y5H+RSLFW-_GR*>C;R&K84_&VU1=,9Q?DJL6ZG/8MF1 MJ+W_D,C^P>%0L/FU)(P=<*8@5QK+5(.O=ZDH[V89:&XX>^OK:AA?$OH"!D)1 M>3P%`;:N]:9I"<@:=0"J%GCJY$6VH!6T9[W]!3-K7+=HTF-#F'2#OH9):U^- M5);"MSIA/X$,+E:&]K6DG&&R\SEQ@S0->P(5I9%(R)K[!)NPJ?T(X8L&7_)( M[V/I`SR7]&.OS>!@MP_T"DQGC_@;4(!T340E`WX"\%CYICC`6T^UVV5(,^O1+CU'JE MQ#>M7ODK.`YW+JFJ6L8P"K4SE"`BSDYJWZ3-06*?`4$@AFI_2F85$`])!5FI MMWPMUU+\J1#]0]1YJG3"TY"L70-W>B)?D#]9G-.X94R/_\U M)+%ZEX2]XT=JD1@K)Y[,,.$'T^2DQ1<1@D8ZQ&EWS6!)-!"V9Z8$?JI4\-F# M%LTLG$O(#I,&:I);L"6\,CA/"0%G2ID&M6\],'PSN,<=CY-^VWU"L&;H&^=N84/4326EI%R M8=JE8'0A%.H@!Q!'9^.Q440!F%].E)23-*0NH>P_9'4*)V=G55Q^S/X53#V5 MF3#Q3#E&E!1$N!ZA7H^:VW7Q'"X#P;P7"0;$]UJ4@8A,<8OV?S/Z?`\G>`R< M`+D!L(*!:0^_ZV(;:0U4^OEIA4_A^.)WJ(!F:38GWDD$#2A8O"VTDL>'@EK^ M!?DX=50<1094N`C..(_Y(*6P:2*U^3"M1%+4Q8[90/YISKV"R84C[PRC7CJ? M=1\]FIW$UDX?O?\9-?#=\>Z3X3I5G#&>4N8[-BS$'H:E22:*8="CFC3JGJT[ MD@9U:'G`%Q=HX59UF4U6$N4'[:>/?Q MG3[AZXL2D.F"^4:.)CR-4>`J\N;U9UI))Z=I'V@2K!5_.R_934[9Z`?1LOQ4*"%.@!-FI0W:/7YF;2SAMD0< M;YZ552TE%,DG,$$R#,)>..TH%`&)18;P)DE)#<`Q8QZL@>'NYH9 M5L?'2%JROS>)B/HS;19>8Y_@=#&EYJ.;G$FH.M`1_?&+3==]\"$.QI^I[$3K M#OJ>R,\/D:I8B95(U$Z!=/9AXBX@H^] M57;).W@"&R"^\X\/HPJY3>6Y36Q8'5.'+_*'"8PK/]L[!6SX'0CLO;U[+;`] MW=Z6O-[;2\*5>!'X5\F9>H\Y4T^3%ZUF0F_F<\RPQ+&/0FK9*],'#BKMU+LJ_//0R=D/DT[,#)YH/Z MY'H_\,G+=^_O#G-=*P))EP&R[!>%1OPU.RSW"4(-]DFLCP,8S;QC29\3TJ5) M]&]WY_R_AG!K,6):MC#C_?'N_KT6;@0_BP?1+]@V513P+&]@B"9;WIK83M2( M/,DE].?&KP@3(0PF0I"6-,#$I!OOE8%W_\X;=C2R'>)P%/N;K:8*72(-$+09 MX<)]5JQ[N9HL7`TW%<_"U:32(J+VF&+7&-Z9*>N8K+(%$!9E*FM\Q7JLC9]@ MQ`)MX6;Q46:;."'\I>_8(9/+U+M>"^NI48MEY,.2<^=FF&NOB.#I1R>(X#;E MQWU>LOB7&)'!,2%??(^1C5_WN[Y,J^`ET-_RW2RJ(E3/G[G%$ENS8PU+>SBQ MVM9?T,XW\]A^0S&/6>]8T5,):^-<[4BA/5/L4=:)^MU!BZLD=K9T^GVVI)O( M"#%^HA*KT,7D<#>16JQM"5'GK5+? M"JSP!SB/ORZ*Z<>__-__@WWV_JS?$L![Q+N_LCU_@I/*?Y7RCN&'=V[^WS^\ M!.6(=>['X]V]ND!S%_XQ/MC[X2_1]?E+,73=]@ROO]X.LHF?QU'4R>5]Z.32 M2^W?**?F1@<`7YYT/*#)_\^;0EIB'2/C5$7\?TE?5]4[AC37MCW)?(7MV47I M#DDQ98(]X3E_;PD*Q@)SN$!A=VB5D-M%B04=9:N<,.SAB4K\*!_["O.)([1V M1FE=274Z;&.V05I6][EW/8CF6Q[P*O5!GYY.%D^/SM%-)YIGB__^H2Y7[H?D3T/&WWTTWCT<[S^Y;OR9FV;G8-]@*^R_'#XY MW/WSGUI##]K3GMG3_K`]Z7$+OZS>YYY)S:2<[JM[,-]S4WJ/'!P?A+KL' M_X(EG.SM[SY:,_>#Q_M#9R9.R8K$"[)OWY)%2XT7X-727ZHUEXW_?@3G\C]< M,T9#_H-TP36KW=TU`FR3A?RFJS_R);UOTVQVDC]GYK'!3O8.][^SK4RGJW,R MUF:D-R)O+-T9MJ.X<%SKU[VM=6_E-E=Y[9'"QWZK(Z62QNI6B9N'M%LX>?V2 M*7RC?326I!N9N>SI,5F_[\#:JA#PO'Z=GKN-=;&?5FF9_+0H)B`#7]6SG3__ MJ6_(]I3/@5N4Z0(]M9__[JXVGA/VN_=@[_#1X9Z=K3&:G>Y%,:7FFA^NEIOO M;&]W_$\>WWZ]:U@^X>-\]H+#;E(3S>>9@[DZ7B2:(`V`?S;+19_SXO+_#TAO;D9$6>Y\4RO"TL` M/:.UI_U7L0"QE997+S&IMNMY;C)=8Y0.\N83]D5H[\&^6FT^VW]<%9%WYVCM M66DUSZ7":>/)WI\CUD<9*N94V;5+B(;N>@A,3$S`+^%WFV_VG_OQ(VB-U#\= MTNZPR?#?7=/YD3KN,K!FYJ1O3,UFMQYW,-Y[O)Z!/SK8%P:^V61-"70BAD2L M@QWEL]=%/EVK9_[/JR+-CTY+1W;_)AK5X8-'0=9L,/EON=XW>8^.T9#S#[]H MQ60;:?`]-\_WOJOVR?4S]2T*+#CN8+:9+5'-X$G1\*WE M[.Z`5&VO12=HWB.B`L`TQ@7X1=Z;VT^[L'A8JYPP@5S(D8BS=FP_!9-)E!=U MA/(C"2_DH>:250ZO8<.RR#5';=(0]-0C7N/?W=+@=?VX(^3=- M;_B=8RWL MHTXE%?6:,ZM\?_ST'5B;Y^!+)DNG#)8YSPG9\_>3_^?SOD/J;J MW\45I1!<:9&DU%)*I-*CX$;98%B(5Q0U7Y7/`YY8: M(C&?95_IJLRSZHS0S1EZ@[!R[`-^W!C.OFEO6[*:$3U'[2 M;.%['7!ZFL_K:LZ&3==L_(8.M^IM/!;`0U-Z&W!NOZSRJ0!K"NWJ*GLOI.&U M\VL)RU"4!.Z5S&$CR?7G#@8@#C#T"'R(\3O[FR4<<42+521TU"&MTS*`WO]. M%5KFW6'1%GSFS;0N*`/TR:@)RQ"D4HN91NS^Q?&_CE^]>?N/X]Z+2\8N"OA4ZV&LS`F$OF-#IYG.JL"[R=M!Y!%ID. M"REAH]<-U_4?*WOB"9]VJ%3N61 MG(4!"T9A0NU2\,4&J>%3D@VJ9%T0KJ*!-J3R!3`OSY>VRV!HG!`*VD,WN=2G M7M,2(F3/5C=B@\&3]J"!UJ%^57'B.SM%25)SR#&5-2D'%5QZ_J2T:8QRD9K9 MJ7C+"#:* MAQ,Z`Y@N.X2S@DEF.`P]ATLWJ4"Z1]P*DP<#Q8:S#+DV41TX]CA*3@NQ/J:N MS#7^9BY)F:N*#H-/6D9O&$-Q3.]9]9'>(*N^&):3""#6Z_FUE$ZB>X*$**^R M3J=GFJA'R?,Z'[^W:$[6U15)L7=E.`T"!V=3[#.&W(@!N_%S=/3WY$6:[`I$ M*N'-J("A!]R[0EF(##[E9F5$O#.HURX"KB%+;9MZETTP-A;_W_2C1H2A$=7Q4O5&_UTZ=@L]#64!5L2JG[@[5"VQ*5VPD8W6@ M[]9'Y_P1S%.IUO79S9:&L`\KE_$2-^.T0D^9*]!#LU\#8@^F_(2&4Y'QKN`Y MF`V73N4>&W1S/94;LC4K!'N;LN@(Z<%Y4:'MS:CG+E!"68!*2[*GP;V(;-C4 MQ4\&V_V>T,@18SKKXE,^H4`(_7+6A[F@E MC_<)3^W@<'SP:"!8C7%ZO35;#>,U_&`JH5NZGY3U]VQ@)^D>?>!JO0&+!PCD MF9X[3%AB84(K\^E_IGX][_);=CLXM]!6VAZIR9!BEM2UMR;GH7ZWPC?#4',, MO68$9:9U(ZG70(D5=HX4N6W-_*.('M<>8Z,XZ;JC#.LXR^"HRNG9E`N+Y]04*O`D.VT+X/4C-*Y9.M@.YF410KB'(6+N"T[ M5W)*RC7.?I:=GF%^F:R*ZFH_K8J:?1:8F;:URI6=;[-GV^..`@_XZ,2WAZW$ M:FI,HY4?9=(T77%"X`+-^59Y,4%T>A%R>!S2QL;OBW=$)I'?#RTA[,FXAP9= M:M_;(&7:0U&`RE=5>YKHOV+DF;K4><#>)2+7C7!"/0R43C^> MED!1L['`A_W7\^?'QR]?AH%0A--@,QU,EG(("Y$MC3$3GY/OG\'KR=WXC&"D M8;U[^+$H17_L<_1?X>M(&$.AGJV?<>_'CM&[B&"3P1X][!JM_[[_R=R%>8U5,T?O?Y%CZ2??%#)3G$1D^J/2ZF0';9LAQ(.-3::Q39><@BDMK@_B@10V*.$%J MYY'KG&>P?GAB8,L55;M:]?[K.8%ZSOK[N?4^XXP1"6YLH`U3G[J-,\TDZ330 M3N;6?&V8J0W/=T]HWBYHO2D;C(W@OF%U/?I+AP(_%F4W*I5N,`D<4= M27D;/`C3H13#1U3K@S5=/H.03:1.E_M(NYY2&QB%S4(X$_AL5(MV7WU`$D9. M-.*0?!;"RKYG*GH,KWS?&^'#G(=5K+A'(G@,F'SL]` M%AD^O!5E.E$7^?,_5F/L!UF?<6AJQ(#1@N)&L5P0;K/0;`.]>`Z1P_!YSTOG MQJHT8!?@_)2;%NHBJ#7]#J97<:*:)--(J,ONB3(V&MNA,`:V8QQASR)@/Y1( M>+YDP`9-R@A?N6H,Z66[*_BPKD*AH8%+W-F>3S2V`$W0 MPR@;NX-+2";.)";=*9B"ZR&D:L$!&2$,+_:T1':!AX;RS"+B^IS#!B1(5)!M MJWFY+#Z_&IG8?58V[C]'5N$ZPS0;!6):T1M3LO"=!6G<@GN=2!8DOEN.0/@T M27Z!TH+*VYW-8S$[;.X>NRX=Y3/\O^/0:(-/ZH85_K_9L00T?608J)#!\2Q` M->4Y0I4O[1RGJW&C4@ZCWFC MHXPR1-\=OSKZ[`AA&L]?I? M4PI;+-O:^73]O/^>L-NW'4TC^28PS;8I'C5A1%/8TNVP[G0^IS8\KJDL/DLF MVP$KE%`2R!-FWI*D5P,SQE=04\:O/JG+D!/.Z?R@8$PJ31NFA(J%+%SS'8T\ M8/LTI-H@#T^X-N8-_XU:O/CO^S/8/U1LP=UG>[OFWX;6BLHJY@ON27I"R M!VG\);\,W8(85NI9,C6'!S*D,EGSTNV6>BB!LE)<.:M#HS*LU0Z@#L,'Q]@2 M4".6,I9WXW#&*BT$A@]'09^#@<^R95Q<\"P!R]*D,%_F;2B,9XDSRS=)L>;] M^H_.S4?9BZHODO@GDX--XT,%$+5!%-AH'_+S1`96%@OBJJ@A&>..ZA'F<*NY MX`V:IMZ27Q>::RT%G4:W)([=@M#9/M>DS^'AX1%XU3:F]S$T+*RDXJY[1+9[N]!T0=^K<>+/)=1L5ZFCOA*@. MYF&,H%QN'.G"`Y)D^;KCX(Y:UR\T0!SUG';)CH%;.?6D^\3O"6/_T)>+R':0 M9!A?ORWI92.T9VF:",3K*'1O MMD.FM+IHZ#HO,WSGDC,\,LO&I9QC610WPG9US4",D9'38:^T3$DL-65U$O!%V2_'4I*&65&RP9VZ.A0B@!JIJ M[[OVLF'&?^1:G"R_CXU,)5AG2)+:707"\N7;M@*$08WASB84@6&Z"NH@T29F M45/%:<;`&$&XA3NBF%RF:;KBR_857T11>50)$5<^7@637P-`_=77:_F,CUQ& M[U/VKGM<%FB'A/K?>,_1L;'VYP]IPD%O7UP!)@A\!<&GJ1.Y/4_\*$=7^L[# MJX'^>9EZ3W\\(^F2Y8?P>B.I$^A>E"5(';'4>^Q!I> MM;FM*:3&UN.UBS-A:$%X@_ZH#&"XY_;)Z2I%?#/RV@#MLK":DL/WS/ZUZ^B3 M:\""1QSXIE502X,(_,(G59*W&1L$$:"I!KHJ=!34-?IR2&XV$8'3&9A5E6L@ M`Z]YC6P!FZF!)\^-=@PWMAS73=+CHKR2,F67`:R<)%*T<#P07?7B M*J2K\/KQ-Z'BNF/Y:DJ.DJYU<^G`^K5WNN@W5E';>,A4;/W.38O3G%;R7>FT MU^2T>(UIN5S@`XI+:Q[N4M7/^R=/AC8H)TU5:M"I]EC.)=;3Y`^_DI[$GR7M M+U.NO$"D)-43^&?/`5U:YOC@NH,_86X>).D;@&VK6P;-9UJE2(J)BA5&+F8:C\#XT%A]1HN:2O+ML72*V:K:1W$,/H(EKPX M2G=PY05E"05HB!*A3LI0?4UB!:X5+-:21I:AJQ0K>"C)",]NGGWF8:W@X.>Q ME5UL4^H\/#)?C!/)0'K"D1BQ(,-K2+V-#8;6]8?T\W?U)(:;>5)\%E1G+=VO M6E9>J&AY](!C,?",#H8]H+5KVXGG?!L]7#OO^I'2V:QD>XF,0*48=4]I^Q)$ M&9#01L46`)-80W_W?Q'$`D8^<*`;Y1%$$-::!N6P6_GC+K(;'.[:38Y:=BA; M3L*`V.,1-LC^%O)A:2$_X36(H&&K-9MOU$DD^B**0$W/J8`6&9\(2](^I_[0 M)>@$7R2#D#'CV&"-4N_X\@%U6GB$& M)?UNULCF@V?'$.A\CA*9P#*[4V`QM;J=Y]E<4A:EITVR=;C[XW:C^K]>":?#F8YZWG/??0O/]@;6?U;N'A6[>X.U\6I>+#<46Z MH[RHT!U4;DQ;`(-*@#=S/(KU4 M-Z3&=:<8*G/YJ7)K5(D1\$]H!'-[%0P#>\TC,2!RB\%[F?/0ZB]A%ZM@[+>E M.%MXSC=(/4?QL%QXX?G+JLPJ(#W).T6D-\I:^H5,S$(6Q^\"UA9]G*8VJ0C& M"A581VEA/P-FC1+)\$=NL!?XOE'I,:&5NVDMI"L6>;E2QJ*`3TOF/GT950$X M#KLN@KO1#$E_<+H4;49@R5ULL1*,A(K=L&AI.`X"P*5UD;Z%U^W6X'LU_9\M M>-)W`W`Q2-N?93/O+$+X'_**=^N"BD]!,K@A>OO$K&70F'FDVMG2Y',II5\C M=-]+NI,7N>MUG.C[/:"B@JXI;8D%8/,`%XJW]L4RO8.B.BBE257'8*5C!$(Q MCK\_,_*UJ_5NM]!E2^X!@HDD?9DC991GL5(#%0>,RU%X)( MI%-XY(UEJO;=NU1D/K,,Q"C.WOJZ6BF75*6(H024Y*?`35;4SP_#Q81Y+54# M-`7F9$M:`7M66]_P?S0URV:E(H0:+";Z/M*:U^-8'#A M$8?9:)/!1>6#`_`@>0Q,Q*%/8OOV!+A'K01]2HR>V<"#_0B!204'U4CO8^E= MI)?T9V[V][OBWE;<2\?9-<#J^XB!;TY`5^3TOXC1=@KC->PPAI0_>O^WEZ_> M_/O]N^.W;]Y].'G]TW?`+3M\:@8"9O]`F.!X_X'5-@=XG8.7/Y3=!VO=<1$; MVA0N6ZJQD%Z)XFLM7O%[JI(A:3$!E?JB5O["!5V('C($3&3\KCQ-"0GR:![:3*]&Y&BR?1N+3X)>8D;`=,"P&$"]\ MY^Y@FF^EVZ2YLZ4J&O62"JW]2"T28UGKR2R?,P'BM\[< MPKL_&TO+2%8:J&?T7(8T9.0`XD1I/#;R5OK>QCDQ=_RG^"98.\#)V1".2X;8 M=L-<))D),Q&48T118BJ<#-4(U#*AB^=PDBL&0L71&-]K408B,JF[VE7`J*<] MG.`Q<`+D!L`*!H8&;V`_]$BU5@,WK`GYM(+-'5^$*JOOSW#HR"*4#`/Q.L/- MB(E'M_/X4$`8OR`66T0`41OKA`0Z2JRVRRDL@82/725`&IIHY55\SYSI$]';_X MZ>A==Z?F38BZ]1(0M7JU<&_F0*>FP7/4;QJ3'9A!GN3V,XH+^?6?#/WOX.&R M'I+.@)/&S9VO!X24'O>OBYU$&L+2L=_+#N@)2N2X$/Q$O):KX M@'UZF//ZLAB#N;2D-?C#"@?%IQ@0.T'2?:#$^8/#70W[WKT6CI[<;DLV[NTEX4J\Y/JKQ+'?8QS[:?*BA;W] M9C['K!<<^RB$^U^9AA!>X"6Q1*2EZ54:J1@N,[%2T:>?1%)+TYP[3-(BK,S" M=]N"4AS!42(B9T!74I?>JV%3`$U+"!L&/A=M1L-+9D`[+9@-FX)BOMSPCB2) M^-F]3<2:``C@C*2QM#,KLPHSLGS6!?4#\+J`X`5AW1PN,"N[=R+)43Y7(S2" M5,/_E@8^>?GN_9WB=FL:@YZS"[U?NAB)TNQXU2=;U!\O[GAVRC;SM"3=0,B0 MFPC*W^[4^5\O;3:3+2T^2"L37@@&Y/Z]EBV$WX0'T2]7-I73>)8WL+F2+:^# M;WOSZR27B(4;OZ+:OC"8R"!?3MUEG"5MPXQNO%,$W8\[;UB?R%F(B5'(8K:: M:@EN57OIP!UO/RL&HEQ-%JZ&^[AEX6HD=SBQ==9?T,ZW(LQO*%_O2#`BDU7)9OVTQU7U#7.1&R1Q)""ZN2']W MIVS@3F$%ZIV;$G`$K>Q$X#&P,U)'OFS[T\_L7/R0S-\W.0:?!9DU_V=M[^/#P4=A":Y(O6<7N MH_'NX7C_R<:KV']P_"%S'YHMXLG_X^+;7 ML&_6L!E1[!T^^J+KX)QOC]EP0^(<]U)GF.?+EC*80L>])'K3I0PFTW$?G=[" M2H;1ZKB'6&^\D*$$.^ZEV/ZEG$@EI]#T;=#K@T>'![;^(9I@^/R#B?26Y]^$ M,C]7V=,\6_SW#W6Y/T,@RGE MT8-#^UK"X`-W=@L4LG:&&U/'VMM92QGK9G@-"E[,<6Z1JXSW]G>?/#3$V#O; M398U7"+N[1T<[OW6R[H-"ALXWXWI;2`U#!5U7TH-;PF&_-9TL_V#1P_W#1,) MPP^:>#C='1P^?&QY\Q=.?&.]Z\OGO9&6]:73#B:T_8/]PX.-SME7>@KE_55@ M07X;4;CY;)O0UNW-=COJTH#9;D%M&G!O-Q:2017',1EY#7'@WWCXMK\ZK-/P MJW+5\>>Z3!5I_`1+7X#;28N!!?$[06/Y+1C:;[C>;WLT-V>Y=_9H;BP4[O+) MW$ALW=V#N;%@_8I'TRPL)M"`HWRFE?C#^6@UT['L-D]>OX2-[N[L[O87-3?F MOH6EKGF\W]=2KWU-URSU:Z]T#7G?]DJI^N_&9$DS5*T5/3H`Z;>+J^J:9N@2 MKB>WK[2$Z\CHJRSA>OJX^1+^[2;8H/0%=@XNEA0WO`5M[^`PS-Z>8?@"!NM4 MM[V`FU@?@V;Y8JMCT&T.$ZD##O,Y=HGE>NG;(*,'CY[HQ&'DS2<<3C8WG/#& M9+)N])N1Q[K;&4@6ZP_KWXC^7,SG;^8OTVSA9O\">L%$PMMU70RS;D_F_L/7OA)G4H%?N>`"[>Y,GKXH)S#9^,3)&#[TA$ MQBAE-C+R,K:-0LC0T](Y7U#M\5V+>?('H-`1B'1,2,2^:$5KBH-1,J&\QP#( M7,.&?B3D.,R(5!10.)\+5]:9]-SXP^[._J''Q"/@KI'BSF"56.ELOSY.-4>$ M4)G$0H#!MUJ@7C#A'QZ,#A\\VDG^L'?(>Y"Q_)X(GD53BC'K7+JASS@3-$". M)>GTTRH32.XL3_Y6P*Q_A__`>14)UT?_X?'!"(2<;VNPRF?#!J15X*`&N[1: M$J)/SKTA9QERO\[&M^:6Z0ZYOJY:S>?8TY0R_%:3VI<9M)"`];?G*=6=<[8= M;P'[UZ7/AP!R_K:::PP\J0CO7+R]1,\X5WZ M(K>'^FAN^"X/F\^R,<.#[_=9[N\^Y/WH)BC9])*IB1N:P0^"KSO\00XG_KF@ M$7<0O*+1#2=ZWEMG=FJ/!`%!\^<_?9Z4B^PI_A=^_%]02P,$%`````@`:(5R M0@SF"V'C"```,EX``!4`'`!G9V)L+3(P,3,P,3,Q7V-A;"YX;6Q55`D``V1\ M1U%D?$=1=7@+``$$)0X```0Y`0``U5Q?O)76W M0!]_WRQ]M"9<>(P>]ZR#80\1:C/'HXOCWN>[_O3N=#;K(1%@ZF"?47+"GX__Z??1A4=\9X+.F-V?49?]BJ[PDDS0)T()QP'COZ(OV`_E)^S/ MD]M+>+N]W`2-#PXQZOM5%B/G"9W/L0S@L0:HULH9C:R#I!I[#OP)>X9+0('F=4N>8DBD_PGVI=OO'@@) M1)V2I<2M:'*#.3C@@02>C?U&:I5R[DM'.1*)A$9U+/S`;TJG`F_OD MB@4$)K@G/)7L]/9^5WRJI4L-)#3D0![OKC"7$YS MZY>&IDI,>Z':5'%]"54Z0UYBAWZT(%S"^QT.L@F@,"%.(DBF<_L'6U\64XP MO@MRK$Q4,[A8S*/"(13]!<8KZ6%K0/Q`))_(<+#Z0RNN'WZ*/_XZ%0(4.`VY MS#V3"_AX3OSHLE]E*.5H!N:TE0F30LGM5WG=,AA/N8T8AP$`M?UPF$C!W-[! MMEB&Q10#(7,-*:CO`8P)O\O94NFIV"LLKV766R"^AQZ)MW@(0#&CWKWA9(4] MYWRS(E20ZIA0T.KY?V3,_Y4F=@Z0K3F5H[(C(5_FZW(PNN;C2P_//=\+H$ZH MCO@R0I.Q8=L\)(ZV^A7TAB-(;<).--79V[G(.@O)/PF=&`<"*"6,_JP:,BUD/FT"PRU99V#IBX MQ2:T@%$1ZP'SWOBJ4V%IYX#)&%6?Q71IX2_S_0^TU&=4G5)'W2=4@Z%@ZPY" ME78I8.LL7MH(O1R3MTC%M#&IZURKH/DX*.N4O5$7K7P_-&VIC2M;:NC=#OO/ MK3;_:K9)4Y4/%:6`L4E7&=0^&28$$@=FYAL&._ M>K@H:`U7P%IX5)JY1U"*.Z/1#8__)W,!%IR1-?'9:JDN9LL(#1>R6OY5&]B^ M`H&M4W&_]7C+)=HZJ7S@IZDZ,8RE>^ M54K,4AD=$K<]W8JEH6ND^VWO5/IO<9LO*^2_:2D+O8EEOMT]8?/8O5?]#Y3:A9$1;3H/U-0FD'A!J M:P\\T2B":@%5L/[FBW@JO!.YZ!5F+[M1[TBNRH5 M8+):QD]16GO/XHWI.^8&CUC9!:Z@[V;658'8SMTH=7[H7MM18?`%U/[4?D6( ME@HPV]"Q"7&B)DCVW(PS,E<_&EO%TLU`K<`M=]M4K3KDA<,TTJ_=`Y1:?24.O)%ME;7V)>)S0WA'G/RH:H`MYD( MP^OI2^S--=R:QDD7-P9;XV-V6:G2&8&O!+WH!84+3']"P*/.Z`Q-2A:V\PAE.%+&B0KNTE?U% MY6.>J:JC0MB6[(>V/.`4AQ:F.HZ+0RMA00G/FYU,U^2TPM2"P[P%S\PHX4+O MDO_:W75N>FAA:L1[[:B6^^>1-)2*:WLG7?L\P]2<#SJ1K[8D7DOE'WD@-WSR M#U!+`P04````"`!HA7)"^Q.!2=X)``#/;```%0`<`&=G8FPM,C`Q,S`Q,S%? M9&5F+GAM;%54"0`#9'Q'461\1U%U>`L``00E#@``!#D!``#M75MSV[82?N_, M^0\\ZD/3!UFD9*>Q&I^.+-L9=5S;8SLY?=-`)"3A!`04`+3E_OH#4"1%401) M*61(>9S)Q+KL+K_=#Y?%Q9N/?RQ=;#Q!QA$E9RWKR&P9D-C4061VUOK\T!X\ M#$>CEL$%(`[`E,"S%J&M/_[SKY\,^>?CO]MMXPI![/2-"VJW1V1*?S=N@`O[ MQB=((`."LM^-+P![ZA/Z]_G]M7R[>ES?Z!T=`Z/=+F#L"R0.99_O1Y&QN1"+ M?J?S_/Q\1.@3>*;L*S^R:3%S#]1C-HQLS683/+;,;]VCY53"O0!"?M@UK5[' M['6L#X_6:;][W#=/"QH70'@\,FXNS>#/2OTC1N1K7_TS`1P:,OZ$]Y<M;IZ6G'_S84W9)<3A@. MG]'KA'`BR_);1T0*<>&3SNK+N"C*,!T#S5&?^YY<4QL(O\7E(C*T$NI=.Q1K MJX_:5K?=LXZ6W&F%//G!9A3#>S@UU$_9AJ*GSCS`9IA.`)8MQY56K:YE]JR. MDNL@AXTEM9X+B0A_#HAS2002+XIOYOH^2+_\A\P9G)ZU5%-JJZ8C__I(?M[5 MCGA9R$[&D;O`,F:=?1SQ\9\#K,+^,(=0\#R0J<*5(+D#3`9@#@6R`=X)5JIF M61A5IX6*&GX[O5VH@4M2DANV;*W2L=U.'P2UO\XI=N00>OG-DRWH`DZ1C41A MI`5L5!'3(>#S*TR?=PKIEE)9R&[9#!#TCT^7[(O%"<]5+"UVGNL"]B+90C." M)#U`CAJV33TY;)#9'<62,)@?S)VLE(7]$Y7&AU1V7)8[.J;)EH7C'F+9EAPY M;HB71P8(!W8ADO/TRL(GW9:9ET`3#&^H@'*`>P$393(;7HY:>;TW.4SD=UV= M1GF]8L+A-T^.#I=/:HC(;__I\B7@24D6$+X$LAWA;JI6CQ5@O!M"7Z%Z7(2*P:[00IT?VB;A M%'A8[-TH0_5-S/)C1)#*%:[EVPW<<"D@<:`3(E<&JUF'RH^5:=,T+:-MA!KQ MEX`XQDK=V-"OQ!G]6G0-M"O117F_?!V(&Z'\#P*6OL",4/8R41KO-M1_K1)U MSK(S0GR<0+S6,^C4B&D&2$.LF-H;`+':KJ$LM=?YO64*^,3O,AYOSP!8J"9L M=2`6//Q$3;=6V[2"_9F?@X_'$209%3B2+R,W,)A`[#][K.;K-,%.`W`_QG-O M'>9`*(EWW28&+$0>##8%1_35"->W*1&R%5UB_VERE(0S]2*$-674S8YD$#6J MQQZ/JX30,BB3R=)9RS+7*&36"IVSEF!>BK-UD/-@0P(8HH,ERFU7F[*E4I6: M@F52LQGT-%K27-MFIVO62T0`\C/A"VBC*8+.19#/I9.AER^5D.WT,I.-U%C3 M0K!?.S%C*\61LK@)LZSO&N7V)L]W3<=?KU[^[N$3)![4#6KAU^/WI;.SN=+9 M?W[9@*B+DB1BO2UX$$'6P-9%]Z3M8^)#,Y@8 M$9NZ\)KR7"[6DH?%1@*WCH_36OFXH81N`@[HU>&%7#'O6KFZ='4C, M(5NAUG6N0N`V.K*[(@\P=4R4S>1 M:Z0/BJ0L'[0D[;N6KGAFWW5&/RBBLKW04K7OPKRL*27,%*]D$.0J6*+WI`/K M:PCG<$H97,D]@B7DETL9!8D>$_$Q'>JY.@62`L>_[:@S73D^5/?&@FDO5 M<=`VN'KW,")W@BB=RY7]%&4WEBWI`R0ZW0%]1N\")Y%P^T%-:[MY'C MPG[4U4+9'F04IS+['+7>W8XQI[7![::9'6LKWW5_1+.F+ M=;L#Z&9%HDFS/=+&/+:-\K&3<%:V@*_57Y@N\MNOT?7I$]WU:75[.F[G%V-E MR7@7V/KU[4;UVXWJ9%=Y%3>J5PU]2-T%)6ISJ,C-ZG2=QM^PSG*U>3G$)MC, MR[P:V3IO6&?&FN9"?ZVD-/]V]7<1U^0;UA*J2XD_R_^UD4UMW3Y*R(WKR.DR MNP7-0:N=B&J^R.CX$0/X#B!G1(9@@03`F61DZE30F4ID)A]Z0X^*![;MN9Y? M,<-?.RA?&9RK4>8IV%+.YJRH_CAM-&\.?SNY4?JRM*PT3U?!8RNW2PJ.3QJ[ M?Z`!J^6@7@K4FIR/./>TNPAQD2:'/0E3.]/7W^97*"\\ILHB08:HXU?ONX'/ M_C?Z)4X!W2935!B_CKMZC_@T^%F:86[C;?D3T`\P%ZZQUW3_#!P52VR`N/<#M::S-AW>*2C<-\3Q+(H M7"F41>%*X351&/-(1V'-MZ.AR+VGOB'38':V<6;MLM9\&)%:X3(Z?7B?6;Q% M*1J!9G6%9O++749P?U,5AJ)C(_DFKNN7'(IK5U@;9[>2EQ'^#TG\@2'_K&=M MREC;,M;&JG,GM3YF!/HT"=H7-R+YZG#EUL@,,5IF$F.@:OBZQJ9R=8#SJF9& M>*TDWIBFX:L:D6Z5)9ZTM30CI-VM)IMR)EEM7].4UXP@]K9[5:ABA#H_JH;: M+F4U(P>.DPZLE8U0RW@7OJJTZM>NQ34C'TX*MVAU@.U;,R)S;T?9;T?9*2O/ M5W"4_58<[)74H'HK#M908II_?-VPXF":/9EK"LA@QJ`/.?,P+46RCO/H_#9/ M/\2;N+5A;L8O(`>)Z=!C;%7W6/T>TNJ-AJ," MFN.T#MJ,#:RBZ'6TU;BK5;B"?K0P>5]D`9NZ)O&=#!Q4_ZC_`DI^\G]02P,$ M%`````@`:(5R0JJ4QY:K'0``R7T!`!4`'`!G9V)L+3(P,3,P,3,Q7VQA8BYX M;6Q55`D``V1\1U%D?$=1=7@+``$$)0X```0Y`0``W5UM<^,VDOY^5?25YDE1J*P6)D,P+12H@I;'WUQ\`OH@D7@C* M$M%SJ=UD1NP&'P`/&D"ST?C^KT_K`.T(C?TH_.'5U>O+5XB$B\CSP]4/KQZF MY[UI?SA\A>($AQX.HI#\\"J,7OWU+__Y'XC]\_U_G9^C6Y\$WCMT$RW.A^$R M^@Z-\)J\0Q](2"A.(OH=^H2#+?\E^NG]Y([]-7W=.W3]^EN,SL\M"OM$0B^B M#Y-A4=ACDFS>75Q\_OSY=1CM\.>(_A:_7D1VQ4VC+5V0HJS5:A[\>G7Y^YO7 M3TL&]P8G[,7;RT+3W"RC8O"+Y\NLW]2]>\# M/_SM'?_7',<$L?8/XW=/L?_#JU*5/E^_CNCJXLWEY=7%3Q_OIHM'LL;G?LC[ M84%>Y5J\%)7>U=NW;R_$TUQ4DGR:TR!_Q_5%#JYV#G_Z?SJS?GUU>NGV'N5-[YH01H%9$*62%3S7?*\8=2, M_?4FX*#$;X^4+-5@`DHON/Y%2%:LLSW^HK?\15=_Y"_Z0_;S'9Z3X!7BDHQZ MVGJ]K925*5UT#?:>4#_R!N%AJ.O:CN"SL4.3%U2@K-]Y%691@H.#P)U^%ZO^Y9F,P@YK*5+FE78`?_QCOVI`IP\)6SJ(5X.G9=E,'#B5<+N9F47 MI4>+2KD!-Y815;:(*'*)X[DH=QN?KS#>L/*OKBY(D,3Y+^?\E_/+J\PZ_B'[ M^==^M%Y'X32)%K]]).LY*5XB:OC#*X/<11TUU^C1'#JFBX;Z9Q(7BXA-#IOD M/$A;.E5?TFAM?'W60)%!Z-=@7I27MB1[I09X18R26$SZK3JRC+ZI]3)DZX!) M\L43"<\?IJ_^DLHA(?C]Q;XD=_S@ZQ.R)F$R^'WK)\\,X(:MZ\(D[CWYL::V M#3I=\L8*?IE#1@4P?+)!6>=6H7.&4BVT5T._<,5_P:!9+1'767I#EO["3U"I M'.1MJ1^N$"L.W9`=":(-MYQ\M[XB+^4N=R!P1EZS_Z5\%"Z%NPB'O14EPD8K M::<7ZX)=32`YB70RSKG2`*Q."2Z)"E$TBG9"&KT]XYZ>-^B75!O(A%G,[-,% M"3';V=JLS:JR3M9D*KC*M5A9T#F5;-!IUUZY[)$67#:F9!RJ)S&CI!N#(D%5 MVY1"S#D7FK$U6):_XW"+Z3.Z^J.P+-='LRP:9MQ$;(YC+^Z%WB!,V":`^Z+I M6KAB>_,XH7B1J.IHI]<9:]I4H^"0C1(,1K5`*BUF,E6$0P^ERJBD?03L8Y81J` MU?F146(O*[Y#N:-%GW&5XF`8>N3I'^196SE)KEMB:&!6F5$3`D0--3(--S)A M)*01$W?!CMR.S5BQBFI5'W?%!16HG`+E9R!Z7@%(.UEP&9>]7'Q0Y%_3#76I MR77=[TJ8=0)4A$`Q085,2XE4F"TA/!'BX((=/0;$XV!N`[Q2U*OVO"LV*&'E M+*@\!-'[*D22HS:705S(15_WMY1RC'Z\P,'/!%.],="+=L6`)K`Y&71R('C1 M`$[Z-)F*HU0><06GQB%=K/Q(@N`?8?0YG!(<1R'QAG&\E5P=%O+=+B<;8%>7 ME1IA$"2R05AGTC#.-Z88<*0(9DQG)!-1!,_7*51G/KMET:\XSVL$71M M*ZN4!<0>(T`MB;Z*4:&1A=ZBK"2';!)L[K-Y=!51O0>D)M4M=Y00JY2IB`!B MB@J7QO,A1%$NZ]"\[,/%IH^8-D9;_8@P*G5L:BPJ4#,X!@U`9+*` MJ?.JE4+[SE"JC$K:+MTOZ9H^W?'?LM]4,YE!MFLWC!9NW14C"8)@4A,ZK4LF MVWIEGAFAXIXU?"-HQYF2I!O&2%#5?"G$`+*ECJV)*V*;?G2FO"#B+HY)$FN^ M-.N$.HV=4P*L!,A5))QSQ`A+\O,)(4A4R%;?5HR09+LGA@:NS(^:(#":J-'I M7'X8$&OZ.'[45"U]U.FIE!*8RD$4]CN8'B^!D3J8/8+1K?>4;+#O#9XV)(Q) M1CQ-A32R77:\$6Z9"4I!,-0PH:MS)9-%Y(G+`K$&%6MF8_$F/57%!!SP&(G6_L=4B]?>?CN1_XB4_B7N@)%\MC M%'B$QNE)MX;5I;UZEXQI6ZDRIVQUP&R+EV^Z%@K_@.!JEZBT6T#9/X'C_C>="P?M8)=WQ$T0"X M=AY1(0F&1$9XDOLE$T:;5!H,>>B6>/)PT%=9)]\QAI.K^63KK;O#1&R-7L-$I1,`0RXY,SU132*.3BL*ATLR6S:$+$8?Y[ M3)LG-9-"EX1J!E[FE%X:#*T:(,.4=W(PF&6]3'*]/K);&#E> M$35ZHJS70U5?9&F+!HXVS35U1I0&AH"EAI$3=]"XT-I!"<4EV,H9,"P10-,D\11K%S>H?^^?'UY>7G% MEL<4[=(DS]>7EV>7Z?]1G`:"XFWR&%'_W\3[#OWI^NQ-]:G/3\1XPK,=G29B M].C9^G1>#ITT@`Q]2K^16A0,)[P*,U1&6W^.)2P?#^:%71)0/$ZF2`7BD9 M8'R,9("G6E%:+WA%IMY[?!D?HI6?W`_\4@\K2.*0X`BPNUP3 M6C7]@B\G+J*TN+['=$Q%RD1/K+/O"17GI9J7Y7I-1YN MOB*)]FJ=Q_+>XU40;'*&5[S;!$(PR&.TT(Y=SB>Y$3W6KT(YG'?D)*G_AKV+52G=U8I(=8W$\DBSCOD]G@N6%[8DZO!^%\39(9!^G]+2S#I8A%1V[?P2C0R4\BL,]F0`,P_^!A&QU M&[`)J^>M_5#<7)3X.V)>+C1J=3D)6%:A/!4TJ#CG4CN<=8YE6B(L`5?T8'!. MVH#9;M0<;WNMMKNP0EQT\-0Q+1'0G6Y1B_3*X;LH;J1,6=():62H2MKLQ8`2 M1P(H7[L99P<*,_JP&0X&;491&%6KD8V"!K>;A5Z7E+*N1IE@C4I@YCA;I)); MCE](CGRA@;[.#-8W,)@GL*65T8VOLD2G!DJ&5C%,^\=@&")C,G$!!@/R-!#F M=;0DY2(_AV&=7!/IAA%O4T:$9,4#'TV3E!J>-B-'9B-.Y2FA;(,>+9?CY2WV M`^)]8GOTK119:Q;MSF=B!KMWG*CEH!#!`J/D2>'2B(FS_Z.E4$"[5`.(Y5AO ML$_%A>?+8;@CJ4-0M^#52G=J2_UHY!5;'V+Z+$*F6+,P0B2L#0/1,.D,K9WF3_C&;E=<)V^ZZNKM9*^#-X8PY55M_,YKPG(5GZYF&FD.Y^B&@AR_261,%L M6\WXY%T*5!;Q\!8_,3A=RP)=QQ95@=6CBM*GL(R5A*O.A!%)4,`>P^C]`:8A MLX=Q?O;P/8[]12_T;OQ@RQ;1#:Y4:^TN>=.R2F526:J"L4'M\.J8B-@\BA99 M[AU>#)#>_0;OV/YD12JFM7(Z\<5V5N.K-AM* MM4AGOFF#"50]=TX2`ZAZS\_KQNVULZ-C!R8+ZO;0V$;DR M8OLP'#\BG&393Z_%WDRL'!!;0O2VJVVP&NZ1&7P<\ZM9!Y=GA-N(\DM[>PE'=96O],?AWW&XQ?3YS;<< M3SJ>5`O`@XOJ;%W]PLH6Z^\#RW'.YB.`;\GMJRJULW+1FV^/:YZ/1>Y4X2BM MEA<%E]S5RAY.[E3A"R5W!?RQR0UIX3PB2>/9@9I,IY$O*GB5:)>R@'.RF5`= M\C4+HJ/CVL$.=A`:@](,*.NM/A#NPS8^#BA^`Q<.IJ9V5^%K:G%@UH_/!?<\ MKL`CWOOGAYAXP[`XX]-;)/XNS8/<<#+F@((ZMJ,'5K1F;%N6`LDB'P9=.J?, MI_IE$'VNGNUB#,=%$4"^`N^S)L3\.CQ.$S\@E;EI%AV'_Z=YE9N,&<=O+'6R MC>.]!\PH.V'EY'MEBE>A)$(T?QD*\]@,]BO_LUB;;]E;D!^>9K1JMIF&;#&* MYYUM"'798*2'SEFE0V3*]F+\;MAI@"GE^8YN2/K?$L.SZY(:#&J;`CH.0VU9 ML5IDJJ6V<_(=#%E:,#RROW%W0<7ZQ#%)TOLQ2O=E`%DWR%6^IX1?WM5T9K-) MS2U1U94PT[.J`YB42J!R/CXA5"2Q`&LL>XL%WY8WW,9NH>>6<9IJF"E74P+, M.352:7;.I/++VD&SCFZ)UWQMLIVJ<^YI*M-(OYH>;`:JP2I(R`7AW=%M[Y=X ML6,#JL?I99XF6&=86N-6?15HW+&"IFYZ*OP(SE-C00"H;%%1"TH;2@%C>`^& MWN0\]?,2P)&;K6DR-U:6@W0:+9//^@L!#?*=GOQK@ETY"*@3AI9TH@EH!TEA MNS:9+QZ)4$WDRTSC%S';ZW$WSO9P#:*FKK=^B,/%$69[8T$`J&Q140M*&TJ! M/MLW0V^:[9=Y"?`^E;+*+@CQ1)J,"1%7L-]CFCS?D+F.QV:5CH_[-X*O)0#0 MRH-AH05(^9/@CH>89&PKW3L-Q.-4KE(_8I:>)OX\()8PFCA( M@JDQ*JZS$1HIOQ9['11&"91Y6G:2Y1E[,CFK`>& MB"W`*G+C")5TZ9AE\\S\[##H6!YE/%"0&^CQLG1?K<7HU.BYLG_&:NBLH%() M#`5MD9HM8HP#GD"T.+7/%6&PT'Y)^^(U,=3-RLLV*5_$OEN/6[OOWF1%H/FS MR'U"YR@7M+?3!&-P# M0"LY+&*+^.S/V0R9K#TV8BE]9J-+G.YNU2R2KGMZ:JK3S,N:(L1L$&V`JUP^ M9VA>)(M@JX'TK8Y.V)RX]P">R6D'7-U_)/3L>J[#'`G;S280MYKC@(.\#:+/ MPW`9T;4(^VWP.5MK=YHEH5V5*@?#[%3!3'?M\$KG;4O:R"NRB8FMQM[%[._+ M`^)4WF_C?5W.HJJ(BTM.RN!4-YSPYV!XI`"EO=2$1[I"X4&179L#-SK@)$$G M.:8EH,KTTH44('YHH)F22A^!)YH30&.ZPF%V,(7-R?NLZYKIRE:IL[-"UA4H M#A`U:CCG2BN8TGU:)3W$%-%>$X:M*0/D5^I&@>_EM;QG3<@G4?[7\3+SEN"` M;0@2,;O&^TR=,_*4O`_T[MGCOZ;3J]Y.U$B5^^*._`[GX^;$%9/<&U%"T!4Z M1Y4AAX\ZY'3Y@;;K-:;/X^747X7^TE_@,,E.,?`47ZS""WV8RT$E=)<-Z*"J M[9,`M5)W3MG#,8;9C1SOD8GYZO&AGZ(^`%9WJ]4YYPQR'5F#TTP"ZNG$G+.ER9D M=6I\&`]''U!_/.H/)B,81NK._WWK>W[R;+_N-*MT:9!LP)?-D$G>.9E:@%2: MG&MF<@0744;&$UF52B!@XZ42=BJ=V1I+$79:9!W3IH6(.NDF0SN>K/!#;KO M368_H]FD-YKV^K/A>#2%89G*M9I1',8\(H!M..P-5:L2NK1;!U2M;,9:J#LG MZ.&8E4;N6V;DLJ*0*`N5"SN1Q2M%IG(0^5E[D\5K5.G,XEF"+RQ>@[QS0K4` M*7U8+44+"S5T#RE,DT<]VQLWK727AJP!'XZ-HT0 MMBW_)2_M7S"L@5Q=3B][^]!"O_-K*=I4RTQ7C3(8J](6L=+._)$[DQ14/IGK M?1Z3W[=L4`QV_'N!VJ%;E^G0?:Z&5W*05P6-;=#\93`>C68\[%IDA>ACU'FZ& MW.TX',T&D^%'=#L<]4;]8>^._7([GGP4DB#3X.[\?U'!F@ZZWT8],ZHUN4&\Z??AX#^C; MQ2WVJ3CD40K`&H9LCMV*""SQW?]9TPR6NEU2JE5URDRS4@1#P#9HZ[R\[0TG MZ%/O[D'0LSRI36>3!V'[@%#3CQKBF#8U@:M]`&L-_T; M&OSS8<@,U3$LDBY")(TLX($%;'^HC%BH2707_Z&$M@_WJ#QVWN=Z3*9@#B8% MQ,!$Z[6?7@_$&1N)#2,)><2CI95I44"GIJ9UQ2KVQEK;.0$/ABQ9GO''C\.9 M6`:)%7M_+-Q)@U$?#%LG9$?"+>$W9JU"G\>3V)'40J_;V"++:E0CBAJ4P##1 M%JEL(#\-1FQQ/AGTQQ]&PV,XF8Y\,-6.;7IQ)X=4+;BEDP5#J0:`TK'5$3-F M`S3K_83N)^-/PRD\*CWP^-\$^V%2&.BFNBM5G%#*`%Y)*X4\/&KI04H.+GXX M8-8;CE*&C:=#0'ZM`:8\I4R(2F?^M-!J<*JV6[T=N[\8_3R>!^/.'+0=7V1R75 M7?"L%N(^7E82<, M%K?R"1F?;9,W@<6)WR._I%-JGZ2!*F/@J&^`,UA.42UY[]MG8^GN9S2<3A\& M-Z@JS9+6+1-X@2''B/UJ4*:I3#L&$V8T$\PI3G,=D9#W.UT>XN#+IUE?8! MTM:JSEEV&%[3.9#\&$A6!"K*.-GAP2*!N]B4Q;UM\AA1_]_$&X?U'+Q6&AT> M';2!7CHY:!*'024KC/*YP7TN_3,4"SV$"\73$^<>4U7&9KV8"XK40:IXD)>1S3)4G%)35U^^*L7+3IK8_8N$215@55N:P6R M>B//'@G"JQ45=U$BO.;K7)X\AQ*^CN")+4+6-CS9+'G:D#`F//4Z71&/:6$_ M9`L)DCG`>#+VA)66)D_FA_QP((8>$3\OHE@4C..8)#&*=H3RWWV*2!9]Z+&7 MKEF9_*6$]4BT]A+T4_4YC[I>L"75C1]L&3BIVVO/8?6\&IRR\UE' MX!5!X78]9UW">BBSM1%%V]!G7>7',;]!G&>@*RT:6>?A!#')X@K'!0X6VR"] MLGG.WR]4O!0!&MQ/G73C8=Y$4)VIQ2?=2B/\/2AA6U,TYWO3M)/8R&5BL1B& MM[WI^W(VK"GO3DR]&/4C3V3+$ND&EZSW2RFF*=EP2Q*NG'3ART/R075G`\IZ MIPY81[%1INQ49H`1GK-16;[QE\V8?$`OHO4&A[XCZ]DNY@M4_RBQ*7J%=7F5?\@= MAW_'X1;3YS??LI+_W!-+8]FMS=5^,)[MU()@+U[ M%^&PQ[:L`L%'POQPBPZ8_K#P;5%598 M87=)*_\KU,:O`835XODGSY[P&_;UWV\K`AUG4C-]JU7CDK)]"*DSE,DY;61] MZX)KUH;V1+_!@FZX]K&+',G;-8['\_]0-RK:R"P+`6HN0W@ZDU?$G7- MYQ*4AA:'V=0V;>R^:7NA)T<+-+2W4@=F)YBA&GI&?/]HSAIXPD[*;@P*5X/T MXYUR%$A"@+I!CTVZH"R71+FHZS9/SZ'<1;&YU?=B$-M=@4[?\MGE@E]S<6.& MLA,V?Q[@EK%`U?0U$4#-KD.FC>++!+]$__6U\U:W@E=O>HV\*[:O-]BGPI6Q M'(8[1HEU/3UK@R@D]C<@E`Q/\BB"2'"(9F2]B2B_^&E?".)FB*]!2V4YZJ91 M%$95BVHP3UIA0%W5C%%.B[K7*":*3,G=7)%/;K?L]S3#PI;AVU^T^)XL(TI* MM^L.GA**(^KY(2/;,"'KF(=<,TWVSD`T1FJ9U?/.R5X'B!I=U%)SJW&Z\$"\ MD]'^Q:5[,]%QHM_42WEMP_!<0#!2C) M)I"DNF;DMGH1;+WTGCZ:7C94/ZZINJ;\',"2QPA+BN`70JQ/A)BK MJ9,D_(LE8]/.]XCW_ODA)MXP+#8=O47B[[0>'GMM0"/G`-"JD<7+0'DA:/Z, MOGY((S6_0?LMV[XL5Y8-/XN5V2RZ24/8IM$R^8RI\T8I;#-3(-; MMTP'Y4JP1EVZDCYTU"FT`?7;`:!;CKJB*/>C3E/9+`/K@?VKT(;?OR;0+?NW M*,I]_ZH35O98"U#ZS!!*'ZU;*0):R+3#*WW:YIW)O?3B#Z4"SA#F79V6@3YI MSAV5?[IC?V(_YS^Q?\UQ3-@O_P=02P,$%`````@`:(5R0O35SG:P$@``1P8! M`!4`'`!G9V)L+3(P,3,P,3,Q7W!R92YX;6Q55`D``V1\1U%D?$=1=7@+``$$ M)0X```0Y`0``[5W=<^.V$7_O3/\'UGEH^B#;LB_)V?GY>^\PAI M@`A^=]`_/#YP(':)A_#BW<'=K#>8#?.Z>$;X/1Z&H-]@M@C].YFO![L(0Q7YT='3T]/AY@\@B="_P@.7:(WW(Q$ MU(7KL1:+>_]S__C+R>'SG(E[`4+VX_/CY./TO8?_)1_B/<_Y_]R"`#K,_#LZ?`_3N(*?2T^DAH8NCD^/C_M%O M'Z]F[@-<@A["'`<7'F1,=(OR^9[ZV7><'F7BK$=F?T42 M^IPD`3H/8O&NB`O">!HIO\814O!_]3*R'O^HUS_IG?8/GP/O(#-^;$%*?'@# MYP[_R2;&^EL7$:`+G]P#GTV')1NU?](_/NT?<;HCY-'/#*]H"7&8_1Q@;X1# M%+YP$.DRUH'I%7_)`X7S=P=\?O3X?&#_BR7YINXXX4Z`EBN?V>RHB2*Q M_.^!S\T^>X`P#%1"5A)W(LDUH,P`#S!$+O!KB57)V9:,W!,AAR:8SJ$.2Y5KHY5M&W)<0-]-I<\MFZ$+[<4X`"X6B"K^-J2 MCZG-PJD0W?MP0D+(%K@7<,^'E(NG8&O/>\O+A-IU11SM><5]`+]$;'48/?(E M0CW_J^E;D*BA

ZQZ=04#=/=5*TKN/X(,IE7%`9LFL5/A"OV08$%/H-A"7 MO)M(E'W,AV9I1-_I.1E'_E>6H3D)NY/G3Y7)U/&)6]#`YU$[H2I;QBF23,[! M?1!2MJ9F`_G@'OKQ\)\YKQ[K41-A4VO'>40`W<,%>3SR(.+V[O-?N"+]WG$_ MS2*^81]]3F2X@0O$OQJ'/',32%Y-6I8T/TL&U'4(9;..P94-"JA;F!O;F4]* M<;2*(^*>^X#\];2:4[*L:\O4;D2E2=Z^3(8_'80ATX0"?\SY66)JU]#2DB3`6/[SQ?R05Q`%,5 M!)86T!K=!-0VO511.[`HZ**SPAC>!]2V?:5B.9LSJ>>0_=&[2I05RA8+%I(0 M^#&E!6A)83*\05@3G]<"S!4"]\A'(8(!B_NV7[XKGN'Z[$8WM+3!K6L..];" MG-1ZH9>,P>@65VW[5V-G=7B6EOUE)3F*1YB`V.CFURXHR;6W!B$:L75\:T*) M01+1F]T#VQ$HN1'LP&J,0\AL&FIYDXC8[%;8+BC)U;<#(D69;#E%%5&;W1W; M!22M.F'3*%U$\);D"JZ5JYZ,01>K;O+<7;!2F\$.N+0?3KL\E;I)A=L-\EYA M)J9&4A_";K+EEB!\+=C5SIM;R)3[W13C:*?*^Y(5S[$:;QQX-`X8I49H-8HT M7*-2W6)A7;!R*BU8<;XML/_+8`%+IY&QF2B2V79*8^-[<:QU#6E<(J@.+,6< M1HM>&H>:*DO8L89NE7(.HO"!4/1UXYMBR+8YC!;/-(9*I+FE$,5G.+3AR:B- M%M?L"$U18TMA4=>%MU(1WLVVXXX`Z16`__EA@Z+ST3ID>%,*&39\#ID[.P^LOZ-:R#L,(I8F0T\9$]0=QFCNE,IX*WG)5292.<;6?.O"/9IA54RGBFKE MWV[;``GS-CAFOXIVV*L(;8*F,*4J#9\3?/VTL\3X,Q=B0!$9/".E_8NT^P5! M4?;\;H=)%%*A[G"P@BZ:(^A=D"5`6(2$F-XF-*KF5`$4L1J6`',#'R&.A._\ M-G\VV;Q&O(#FC5U6Q8X@-GV$X45:S:XZ32.A-YREZV"@U-8.4*XIF<,@B%^0 M7$+A[-\F,YI]JXU+9++;!,`5!`$<8.^&&\]/]1'M)E?3&LVV:T$A5=8./`;> M_Z(@C(]1$CI8\B/Z7PNMY+9>D@KIC2;9M7!1*KTK-H*T]%=X'[!4)O<.3F#E M*D*CIU1JF5>L9D=V';(\,?)#V>[0AL!HRYE:=MQ6RXXU(VG6[[.%;>`M$8X; M!/(&F?+57,EE]*1.+6`T#6`'6EN:Z<:?AH_DU$)$J.2^5_BM%1MCERSA%0F4 M^.4IC1[7:8;@MJ+[CN&$8%+4+C6((B/4X#-[S$/1M2P3RVV3Z[%"1/)#8HC)[0*<1!`)-ZZ]T9\E*A^&"5T/LLM:))7:[WM$N8F1+YFUAH1?YA,Q93>O MS=_#.:$PH;L%SS`8/3-S,:P0!O0ECM68E5S&R?3R8SLE3R3A0[?#;S1[\JCA M`[QS!%[')&6JI^9\#S&<(_D$JZ`V>QQJA\DAU-R.8)N_)T*A9$,A3V#V"%0C M$+;UVW>'&@&*F06"K-SY/0B0.\#>!?(C=3&;-K?I`U`Z>PHU36&'QRF$;H:; MZ7-/=9'0!W&OP(OW5#;WMJF*/1J/9OK\5`O.J3)51R\)];RML7=UL[FTJRF) M1#.AM0W6DNO<3;NN+/].5%G."\OSX_S3249RODW',GLR3:*K;D&ZG->&JMM] MK4+70>6OTO,_#X^]+CU/IL^0+%<$\PU&G1+T:I[]@J1:!TLJGTO"2)F"?T>*S,5$L:8Z5W.H5MQ29P*?X+^)P M78O7:+%Y#9_4M8(=>[$"D9.9VA"Y+6:CY>@[02>P0T?[JOGUX9)0?GO2(#P^ M/#[N9YN64_Q?@"-`7T[>,#.\'2QY(WZ-Y;'6:$9KU>NOI`TL90M^"4-;^&6C M&:U4[PB_HJ7L6#LG,%0>)2C1[$61>95:=EA\AZ#^\XGIZN:F<3V7O)58<80M M**>L&=?7@6XIN01,0N\ M?[D+H#?&Z]-2`S=$CTF+4L5AH@8#O=+'5"\\=0"FPC1UHZH?N.Z=6AK>I M=T.VOIWV_<"-0./DQ'`+R;=T(*,;XLH(JKEI['!Z]EQ)N67ZY@/#Z&IH*WRY:\TUT=OB M,-RSIG7P!":Q`[OMM"-K=9%F]\P>VNER%:OA%C6MH%G'2';`FI]__!TROPAP M.L^=;-!P3`&?X88PK;NGU#QVH*FO],XQC_&>+JW@6]]@^QX>QP5OV.,_>)'/ M(_!YRIC4G):7+\$DJ3>$X:XSJI"XB3WLPP.LX[M`YZ#7*WCIJ1M,.[*^L=C%:K?RXJ@WX62W<&,\)72:@*#I.Z'*; M;4RC!+ZF%>Q8IC<9`!*5G19)S#:KJ6OCBG[(>4UMP6#=P)$+)TU5MPAU\>BH M"'@7/$1:6]$O:$H7`*=%5FPYEUT_^X/3GJYO/FM3._+3MS.E#<\&LS ME+,9RUD/UN:1.2WQE9%5O4%,AI`R"56^K,MLTD.;`5J(+VN9R`HG_$!XW0_! M+J1XV]7.RJX6DSL9?8O>E)=#X3/5I":OLT0LB_1XDT+M9YN;:GK$[,ZQ286YSZA7>NVLUCE5P&'4)D0M+!:>\')5II2T8S8:`OBVGV'+6TV M7!:+SS1]OZG!;S0[J=F0N*91['"KZ#Z`7R(VX.@1YJ_B6CO5Z7;NG[$X*4^K M*7ZU/%M)?)G,Z)N>HC#*Z2^F-YN,"Z8"T1+=CDG-(#KI'Y_VD]F-//IY,W<' MP^'T;G([GGRXGEZ-A^/1+/NY/>O?E&?]AMG)N)QOL]^:];47G>\6BJDZOZ_! M:-!-^$4(P72^V:81J%%!9](M].$HW_I0J6Q'30$N1I]&5]/KCZ/)[>QV\&$T MG'Z\'DQ^[XLB5R&YT6X>S6RMTMV.%YIW`9S.1T&(EBP5%3W7RD1&FV+7-_&^L:A+F":OV68;C1"K915+@&2/9N`G)7\B MO`HD1OMB-(2E0D<[K"\HP(SGB2KXU>0UVABC&5ZUK-)1&'`SNAKW MN;"VO--;(C+:P**9K:OUM,0[R'*)DHY'?#K$5]0N(.8O)#5=I,8`1CM6-/23 MVO:Q`]<;R%+>"/(>5@L`H3#]8J@0JF2Q6Q_B!VADAC!#KC*-V3J^962RVP#AV:@:9JB MHY!O.)C]Y_)J^NOL9G0]O>&RB\**"D*SS0\:Q@]"A>WPC/(>>3(=]/Q#D]=L M#X1FL-4RBR5(N@_0BWPXG4_@4ZZ\D!+,?G7A.H9]`"R"#=;=\V(:Q"+:E:]1 MI]GREYAML=!P;G1B:-/OHF0E/!>0/=S]8`(HKTE_K"CI^4Z[I(=?KQR/YJR' M,WG1W:5LMSN?]V=W#D`K^/NY)D+,:"(Z-R97*3=+PB* MLEMR1W(FU!T.5M!%JE-CUZF,=TTZQ_"Y<$?%>&SBGAR57%I>:6@TCRK5G(?6$ M8#?YAW"338/3;)FFSIU+-0Q@1=ZP74ZJ3AF^UZE_;BU;$%5P*@6O7?0L'J#5 MC;1-B[#D@JY!%#X0BKY"C_FSY%V=C,FN^F45$N77=&IS=+6IN?GR:T"E'7*J M*(T6L;5F]K+FM=:E]"_\_^Y!`-DG_P=02P,$%`````@`:(5R0K,?EYJH!P`` M@#<``!$`'`!G9V)L+3(P,3,P,3,Q+GAS9%54"0`#9'Q'461\1U%U>`L``00E M#@``!#D!``#M6]USVD80?VYG^C]<>6GZ((3`<6QBIT,`NW2P80RVT[YD#NF` M&TMW^'2R(7]]]_2%$!(6U)XP)1Y/+&YW?]J/V]6>EIS],7=L]$2$2SD[+QGE M2@D19G*+LLEYZ7:@-0;-3J>$_OCTR\\(?LY^U31T08EMU5&+FUJ'C?E'=(T= M4D>7A!&!)1=&&PJY:RN MZ\_/SV7&G_`S%P]NV>3%X`;<$R:)L2:3D?W5J#Q6R_,QJ-O"$A:K%:.F5VJZ M<3(T3NO5HWKEM""XQ-)S8_#*O!+^%!._HJX9"^OX:,8_S&_HEZG'3KS6/[6+ MJQYNMN]'?;EX?SI?D(>Y6[5.1B/[6"R>I];MXV.+=IK.MUGUR*I.< MCX0=0==T11YAE\3(0*4;^"ES)6;F"K\E8X$D\WL](*ZPTDS6XX"51JP62?&Y MQ"Q/^),.!.`W#*UB:#4C8O=<;8+Q+!898W?D0X>$;!'!;>)FROB4#"'&&?.< M;.]84NAR,2,Z,&G`100U8[F7A58%0`>UG*V=3\G03N5*+##QL)C8?(1M2#U' M<=?@%WB)31S"Y`473HN,L6=#\!X];-,Q)58)21`C4NUW=X9-\B)>E#:8,0[9 M!<4C7%%KLQF%](&%G\[4/JLKOPY!>Z0NH&1L0*\:E9JA*SZ=6N(KI**GU([^ M-IC59I+*AYO7%OICHCN%^XI7-H^1X_2GE\"8#X&"TA#MW7 MO?%`L[VHP=5%9Y'U*0RY?E-G/EQ>)\7!Q6&).!O*(!$[T+0'VG0 M&S>Q.[VP^7-&%BQ)^WE$`/Y("B)(Q-1VK[%0G?33YM*^QIP? ME/>%2[TZI/JP*,8]U!AEO13("D\!OOS('!=Y//R_@Z+^40.B&S)&_F"IKN8/ MYR67.C/5W01K4T'&YR4U@="BT>;?IKF&SCT;8F@PBQW]#6KL)_52-A M]VUK9&K#OI&IS>5=7M5@2)UM#5[-MC>RMQ7?)&EN.'S3E].W\'-Z0G<&AG,A M$5L;]FT:^P8#ZRXW?:@-(NJ3%LEI:DDSJEK-*,]=:ZGI-DHLW;"=$I'<#DIL MGKOFJ.&KD#F#UHDMW1A+6V(5U6?C,'R3.FD9=;'#_3=.UG=WAUK909L"`_@B M.R4I>1T(JJURJK:*T"*?X?H?C?T>FRS%K3`3QEZ^(,R*BY"L) M3X!,$K5MU5&>EZ3P5&%1W_NH0\&AW!KZ=='R1#A6#^ID\.6'NL4=3%E'$D>Q M@5UPIH-ZY"G62\&]V7DIP*+`4ECC'B,;E$Y2O[O>F[Y4T`!,@4T965&,%X=7 MD4W;VQAP``IEDUSU5PA4G]E95_5OA?`P5-^O"@Q97]YUWT\QG&5>(^4# M(-?UB'7!A9K1-F2E#&?@/A$^LV\%"`T<.[Z%MPBL2:WM:[KECL[33ZH"C'OW:"HVE%Y[ M)F\IM7=F)\?`:>.R:7MG0G+>NGR=N!:J%]GVSK"<=]]IPUYDVSO#UF=?43:E MU_=.]?RY4#HL13CWSKQ6^Z[=[?6OVM?#P;!QV6[VKOJ-Z[^-^,B53]_UZ"C) M7'ZVN?GP&J6@W6T,VZU^XV;HS_7"S$^O[H.JS<;@SXMN[WYPT^[W;M0VB?,Y MB[(/*K\\[%D_LA:7V+M<:'('FB??A*![;'ARR@7]IJ8Z9%E]7^!ZT8S@+:Y\ MHWXSH1\\^OS_7I6A>H*TK;YJE\W"IGLK?<_TX*T=7/X+4$L!`AX#%`````@` M:(5R0H[1=A;I5```W6D"`!$`&````````0```*2!`````&=G8FPM,C`Q,S`Q M,S$N>&UL550%``-D?$=1=7@+``$$)0X```0Y`0``4$L!`AX#%`````@`:(5R M0@SF"V'C"```,EX``!4`&````````0```*2!-%4``&=G8FPM,C`Q,S`Q,S%? M8V%L+GAM;%54!0`#9'Q'475X"P`!!"4.```$.0$``%!+`0(>`Q0````(`&B% M``!G9V)L+3(P,3,P,3,Q M7V1E9BYX;6Q55`4``V1\1U%U>`L``00E#@``!#D!``!02P$"'@,4````"`!H MA7)"JI3'EJL=``#)?0$`%0`8```````!````I(&3:```9V=B;"TR,#$S,#$S M,5]L86(N>&UL550%``-D?$=1=7@+``$$)0X```0Y`0``4$L!`AX#%`````@` M:(5R0O35SG:P$@``1P8!`!4`&````````0```*2!C88``&=G8FPM,C`Q,S`Q M,S%?<')E+GAM;%54!0`#9'Q'475X"P`!!"4.```$.0$``%!+`0(>`Q0````( M`&B%:J`<``(`W```1`!@```````$```"D@8R9``!G9V)L+3(P,3,P M,3,Q+GAS9%54!0`#9'Q'475X"P`!!"4.```$.0$``%!+!08`````!@`&`!H" (``!_H0`````` ` end