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Date: Thu, 16 Feb 2023 01:47:51 +0000 (UTC)
From: Fred Chen <fred.chen9@yahoo.com>
Reply-To: Fred Chen <fred.chen9@yahoo.com>
To: Bob Chen <bchen@aicenergycorp.com>
Message-ID: <976119499.1307992.1676512071262@mail.yahoo.com>
In-Reply-To: <984557392.1307247.1676510931140@mail.yahoo.com>
References: <2094174463.1304674.1675912322529.ref@mail.yahoo.com> <2094174463.1304674.1675912322529@mail.yahoo.com> <1748986586.1317336.1675912985290@mail.yahoo.com> <984557392.1307247.1676510931140@mail.yahoo.com>
Subject: Revision - Fred Chen's Calculations/Scenarios for 11 Capital
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Dear Bob,

Please find my revised calculations/scenarios as below for 11 Capital:
(A)=C2=A0Issue additional 27,000,000 new shares:
=C2=A0 =C2=A0 =C2=A0 =C2=A0Combined with the existing remaining 11,000,000 =
shares of treasury stocks,=C2=A0 =C2=A0 =C2=A0 =C2=A0Total:=C2=A038,000,000=
 shares=C2=A0=C2=A0 =C2=A0 =C2=A0 =C2=A0@$8/share =3D $304,000,000=C2=A0 =
=C2=A0 =C2=A0 =C2=A0@$6/share =3D $228,000,000=C2=A0 =C2=A0 =C2=A0 =C2=A038=
,000,000 shares / 127,000,000 shares =3D=C2=A0approx. 30% (29.92%)
=C2=A0(B)=C2=A0Issue additional 50,000,000 new shares and distribute all of=
 the remaining=C2=A0=C2=A0 =C2=A0 =C2=A0=C2=A011,000,000 treasury=C2=A0stoc=
ks=C2=A0to the existing shareholders (after compensation=C2=A0=C2=A0 =C2=A0=
 =C2=A0=C2=A0to=C2=A0the existing shareholders whose=C2=A0stock shares were=
 over $8/$6:=C2=A0=C2=A0=C2=A0=C2=A0 =C2=A0 =C2=A0=C2=A0=C2=A0 =C2=A0 =C2=
=A0=C2=A011 Capital Shares:=C2=A045,000,000 shares=C2=A0(Balance of=C2=A0Co=
mpany's New Treasury Stock=C2=A0=C2=A0 =C2=A0 =C2=A0 Shares=C2=A0is=C2=A05,=
000,000 shares)
=C2=A0 =C2=A0 =C2=A0 =C2=A0@$8/share =3D $360,000,000=C2=A0 =C2=A0 =C2=A0 =
=C2=A0@$6/share =3D=C2=A0$270,000,000=C2=A0 =C2=A0 =C2=A0 =C2=A045,000,000 =
shares / 150,000,000 shares =3D=C2=A030%
(C)=C2=A0Issue additional 42,900,000 new shares and distribute all of the r=
emaining=C2=A0=C2=A0 =C2=A0 =C2=A0=C2=A011,000,000 treasury=C2=A0stocks=C2=
=A0to the existing shareholders (after compensation=C2=A0=C2=A0 =C2=A0 =C2=
=A0=C2=A0to=C2=A0the existing shareholders whose=C2=A0stock shares were ove=
r $8/$6:=C2=A0=C2=A0=C2=A0=C2=A0 =C2=A0 =C2=A0=C2=A0=C2=A0 =C2=A0 =C2=A0=C2=
=A011 Capital Shares:=C2=A042,900,000 shares=C2=A0(No Balance of=C2=A0Compa=
ny's New Treasury Stock)=C2=A0 =C2=A0 =C2=A0 =C2=A0@$8/share =3D $343,200,0=
00=C2=A0 =C2=A0 =C2=A0 =C2=A0@$6/share =3D=C2=A0$257,400,000=C2=A0 =C2=A0 =
=C2=A0 =C2=A042,900,000 shares / 142,900,000 shares =3D=C2=A0approx.=C2=A03=
0% (30.02%)
Thank you.

Best regards,
Fred=C2=A0
     =20
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<html><head></head><body><div class=3D"ydpbc6430f0yahoo-style-wrap" style=
=3D"font-family:times new roman, new york, times, serif;font-size:16px;"><d=
iv><div dir=3D"ltr" data-setdir=3D"false"><div><div class=3D"ydpa8ba93eeyiv=
4810065229ydpc3c57dbeyahoo-style-wrap" style=3D"color: rgb(38, 40, 42); fon=
t-family: times new roman, new york, times, serif; font-size: 16px;"><span =
style=3D"background-color: inherit; color: rgb(68, 0, 98); font-size: 18.06=
px;">Dear Bob,</span><br></div><div id=3D"ydpa8ba93eeyiv4810065229ydp7cb340=
beyahoo_quoted_7385710913" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyaho=
o_quoted" style=3D"font-family: Helvetica Neue, Helvetica, Arial, sans-seri=
f;"><div id=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669" style=3D""=
><div id=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yaho=
o_quoted_6163553323" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383=
669ydp39813ca2yahoo_quoted" style=3D""><div id=3D"ydpa8ba93eeyiv4810065229y=
dp7cb340beyiv1509383669ydp39813ca2yiv3311238761" style=3D""><div class=3D"y=
dpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpf=
d7c09efyahoo-style-wrap" style=3D"font-family: times new roman, new york, t=
imes, serif; font-size: 16px;"><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810=
065229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsignature"=
 style=3D"" data-setdir=3D"false"><span style=3D"background-color: transpar=
ent; font-size: 18.06px;"><font color=3D"#440062" style=3D"background-color=
: inherit;"><br></font></span></div><div dir=3D"ltr" class=3D"ydpa8ba93eeyi=
v4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsigna=
ture" style=3D"" data-setdir=3D"false"><span style=3D"background-color: tra=
nsparent; font-size: 18.06px;"><font color=3D"#440062" style=3D"background-=
color: inherit;">Please find my revised calculations/scenarios as below for=
 11 Capital:</font></span></div><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv481=
0065229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsignature=
" style=3D"" data-setdir=3D"false"><span style=3D"background-color: transpa=
rent; font-size: 18.06px;"><font color=3D"#440062" style=3D"background-colo=
r: inherit;"><br></font></span></div><div dir=3D"ltr" class=3D"ydpa8ba93eey=
iv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsign=
ature" style=3D"" data-setdir=3D"false"><span style=3D"background-color: tr=
ansparent; font-size: 18.06px;"><font color=3D"#440062" style=3D"background=
-color: inherit;">(A)</font></span><span style=3D"color: rgb(3, 61, 33); ba=
ckground-color: transparent; font-size: 18.06px;">&nbsp;</span><span style=
=3D"color: rgb(38, 40, 42); font-size: 18.06px; background-color: rgb(173, =
215, 115);"><b><font color=3D"#9d1811">Issue additional 27,000,000 new shar=
es:</font></b></span></div><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv48100652=
29ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsignature" sty=
le=3D"color: rgb(38, 40, 42);"><span style=3D"font-size: 18.06px; backgroun=
d-color: rgb(173, 215, 115);"><b><font color=3D"#9d1811"><br clear=3D"none"=
></font></b></span></div><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229=
ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsignature" style=
=3D""><span style=3D"color: rgb(3, 61, 33); background-color: transparent; =
font-size: 18.06px;">&nbsp; &nbsp; &nbsp; &nbsp;</span><span style=3D"backg=
round-color: transparent; font-size: 18.06px;"><font color=3D"#440062" styl=
e=3D"background-color: inherit;">Combined with the existing remaining 11,00=
0,000 shares of treasury stocks,</font></span></div><div dir=3D"ltr" class=
=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv331123876=
1ydpfd7c09efsignature" style=3D""><span style=3D"color: rgb(3, 61, 33); bac=
kground-color: transparent; font-size: 18.06px;">&nbsp; &nbsp; &nbsp; &nbsp=
;</span><span style=3D"background-color: transparent; font-size: 18.06px;">=
<font color=3D"#440062" style=3D"background-color: inherit;">Total:</font><=
/span><span style=3D"color: rgb(3, 61, 33); background-color: transparent; =
font-size: 18.06px;">&nbsp;</span><span style=3D"color: rgb(38, 40, 42); fo=
nt-size: 18.06px; background-color: rgb(173, 215, 115);"><b><font color=3D"=
#9d1811">38,000,000 shares</font></b></span><span style=3D"color: rgb(3, 61=
, 33); background-color: transparent; font-size: 18.06px;">&nbsp;</span></d=
iv><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv15093836=
69ydp39813ca2yiv3311238761ydpfd7c09efsignature" style=3D""><span style=3D"c=
olor: rgb(3, 61, 33); background-color: transparent; font-size: 18.06px;">&=
nbsp; &nbsp; &nbsp; &nbsp;</span><span style=3D"background-color: transpare=
nt; font-size: 18.06px;"><font color=3D"#440062" style=3D"background-color:=
 inherit;">@$8/share =3D $304,000,000</font></span></div><div dir=3D"ltr" c=
lass=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv33112=
38761ydpfd7c09efsignature" style=3D""><span style=3D"background-color: tran=
sparent; font-size: 18.06px;"><font color=3D"#440062" style=3D"background-c=
olor: inherit;">&nbsp; &nbsp; &nbsp; &nbsp;@$6/share =3D $228,000,000</font=
></span></div><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340be=
yiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsignature" style=3D""><span=
 style=3D"background-color: transparent; font-size: 18.06px;"><font color=
=3D"#440062" style=3D"background-color: inherit;">&nbsp; &nbsp; &nbsp; &nbs=
p;38,000,000 shares / 127,000,000 shares =3D</font></span><span style=3D"co=
lor: rgb(3, 61, 33); background-color: transparent; font-size: 18.06px;">&n=
bsp;</span><span style=3D"color: rgb(38, 40, 42); font-size: 18.06px; backg=
round-color: rgb(173, 215, 115);"><b><font color=3D"#9d1811">approx. 30% (2=
9.92%)</font></b></span></div><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv48100=
65229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsignature" =
style=3D"color: rgb(38, 40, 42);"><span style=3D"font-size: 18.06px; backgr=
ound-color: rgb(173, 215, 115);"><b><font color=3D"#9d1811"><br clear=3D"no=
ne"></font></b></span></div><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810065=
229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsignature" st=
yle=3D"color: rgb(38, 40, 42);"><span style=3D"background-color: transparen=
t; color: rgb(3, 61, 33); font-size: 18.06px;">&nbsp;</span></div><div dir=
=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813c=
a2yiv3311238761ydpfd7c09efsignature" style=3D""><div dir=3D"ltr" class=3D"y=
dpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpf=
d7c09efsignature" style=3D""><span style=3D"font-size: 18.06px;"><font styl=
e=3D"background-color: transparent;" color=3D"#440062">(B)</font><font colo=
r=3D"#033d21" style=3D"color: rgb(38, 40, 42); background-color: transparen=
t;">&nbsp;</font><b style=3D"color: rgb(38, 40, 42);"><font color=3D"#9d181=
1" style=3D"background-color: rgb(253, 248, 105);">Issue additional 50,000,=
000 new shares and distribute all of the remaining&nbsp;</font></b></span><=
/div><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv150938=
3669ydp39813ca2yiv3311238761ydpfd7c09efsignature" style=3D"color: rgb(38, 4=
0, 42);"><span style=3D"font-size: 18.06px;"><b><font color=3D"#9d1811">&nb=
sp; &nbsp; &nbsp;&nbsp;</font><font color=3D"#9d1811" style=3D"background-c=
olor: rgb(253, 248, 105);">11,000,000 treasury&nbsp;</font></b></span><span=
 style=3D"font-size: 18.06px;"><b><font color=3D"#9d1811" style=3D"backgrou=
nd-color: rgb(253, 248, 105);">stocks&nbsp;</font></b></span><b style=3D"fo=
nt-size: 18.06px;"><font color=3D"#9d1811" style=3D"background-color: rgb(2=
53, 248, 105);">to the existing shareholders (after compensation&nbsp;</fon=
t></b></div><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyi=
v1509383669ydp39813ca2yiv3311238761ydpfd7c09efsignature" style=3D"color: rg=
b(38, 40, 42);"><b style=3D"font-size: 18.06px;"><font color=3D"#9d1811">&n=
bsp; &nbsp; &nbsp;&nbsp;</font><font color=3D"#9d1811" style=3D"background-=
color: rgb(253, 248, 105);">to&nbsp;</font></b><b style=3D"font-size: 18.06=
px;"><font color=3D"#9d1811" style=3D"background-color: rgb(253, 248, 105);=
">the e</font></b><b style=3D"font-size: 18.06px;"><font color=3D"#9d1811" =
style=3D"background-color: rgb(253, 248, 105);">xisting shareholders whose&=
nbsp;</font></b><b style=3D"font-size: 18.06px;"><font color=3D"#9d1811" st=
yle=3D"background-color: rgb(253, 248, 105);">stock s</font></b><span style=
=3D"font-size: 18.06px;"><b><font color=3D"#9d1811" style=3D"background-col=
or: rgb(253, 248, 105);">hares were over $8/$6:&nbsp;</font></b></span><spa=
n style=3D"background-color: transparent; color: rgb(3, 61, 33); font-size:=
 18.06px;">&nbsp;&nbsp;</span></div><div dir=3D"ltr" class=3D"ydpa8ba93eeyi=
v4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsigna=
ture" style=3D"color: rgb(38, 40, 42);"><span style=3D"background-color: tr=
ansparent; color: rgb(3, 61, 33); font-size: 18.06px;">&nbsp; &nbsp; &nbsp;=
</span><span style=3D"background-color: transparent; color: rgb(3, 61, 33);=
 font-size: 18.06px;">&nbsp;</span></div><div dir=3D"ltr" class=3D"ydpa8ba9=
3eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09ef=
signature" style=3D"color: rgb(38, 40, 42);"><span style=3D"font-size: 18.0=
6px;"><font color=3D"#033d21" style=3D"background-color: transparent;">&nbs=
p; &nbsp; &nbsp;&nbsp;</font><font color=3D"#440062" style=3D"background-co=
lor: transparent;">11 Capital Shares:&nbsp;</font><b><font color=3D"#9d1811=
" style=3D"background-color: rgb(253, 248, 105);">45,000,000 shares</font><=
/b><font color=3D"#033d21" style=3D"background-color: transparent;">&nbsp;<=
/font><font color=3D"#440062" style=3D"background-color: transparent;">(Bal=
ance of&nbsp;</font></span><span style=3D"background-color: transparent; fo=
nt-size: 18.06px;"><font color=3D"#440062" style=3D"background-color: inher=
it;">Company's New Treasury Stock&nbsp;</font></span></div><div dir=3D"ltr"=
 class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv331=
1238761ydpfd7c09efsignature" style=3D"color: rgb(38, 40, 42);"><span style=
=3D"background-color: transparent; font-size: 18.06px;"><font color=3D"#440=
062" style=3D"background-color: inherit;">&nbsp; &nbsp; &nbsp; Shares&nbsp;=
</font></span><span style=3D"background-color: transparent; font-size: 18.0=
6px;"><font color=3D"#440062" style=3D"background-color: inherit;">is&nbsp;=
</font></span><span style=3D"background-color: transparent; color: rgb(68, =
0, 98); font-size: 18.06px;">5,000,000 sh</span><span style=3D"background-c=
olor: transparent; color: rgb(68, 0, 98); font-size: 18.06px;">ares)</span>=
<br clear=3D"none"></div><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229=
ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsignature" style=
=3D"color: rgb(38, 40, 42);"><span style=3D"background-color: transparent; =
font-size: 18.06px;"><font color=3D"#440062" style=3D"background-color: inh=
erit;">&nbsp; &nbsp; &nbsp; &nbsp;@$8/share =3D $360,000,000</font></span><=
/div><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv150938=
3669ydp39813ca2yiv3311238761ydpfd7c09efsignature" style=3D"color: rgb(38, 4=
0, 42);"><font color=3D"#440062"><font style=3D"font-size: 18.06px; backgro=
und-color: transparent;">&nbsp; &nbsp; &nbsp; &nbsp;@$6/share =3D&nbsp;</fo=
nt><span style=3D"font-size: 18.06px;">$270,000,000</span></font></div><div=
 dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39=
813ca2yiv3311238761ydpfd7c09efsignature" style=3D"color: rgb(38, 40, 42);">=
<span style=3D"font-size: 18.06px;"><font color=3D"#440062" style=3D"backgr=
ound-color: transparent;">&nbsp; &nbsp; &nbsp; &nbsp;45,000,000 shares / 15=
0,000,000 shares =3D</font><font style=3D"background-color: transparent;">&=
nbsp;</font><b><font color=3D"#9d1811" style=3D"background-color: rgb(253, =
248, 105);">30%</font></b></span></div></div><div id=3D"ydpa8ba93eeyiv48100=
65229yqtfd03032" class=3D"ydpa8ba93eeyiv4810065229yqt8423694491" style=3D""=
><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669=
ydp39813ca2yiv3311238761ydpfd7c09efsignature" style=3D"color: rgb(38, 40, 4=
2);"><span style=3D"background-color: transparent; color: rgb(3, 61, 33); f=
ont-size: 18.06px;"><br clear=3D"none"></span></div><div dir=3D"ltr" class=
=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv331123876=
1ydpfd7c09efsignature" data-setdir=3D"false" style=3D""><div style=3D""><di=
v dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp3=
9813ca2yiv3311238761ydpfd7c09efsignature" style=3D"color: rgb(0, 0, 0); fon=
t-family: times new roman, new york, times, serif; font-size: 16px;" data-s=
etdir=3D"false"><span style=3D"font-size: 18.06px;"><font color=3D"#440062"=
 style=3D"background-color: transparent;">(C)</font><font style=3D"backgrou=
nd-color: transparent; color: rgb(38, 40, 42);">&nbsp;</font><b style=3D"co=
lor: rgb(38, 40, 42);"><font color=3D"#9d1811" style=3D"background-color: r=
gb(125, 190, 241);">Issue additional 42,900,000 new shares and distribute a=
ll of the remaining&nbsp;</font></b></span></div><div dir=3D"ltr" class=3D"=
ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydp=
fd7c09efsignature" style=3D"color: rgb(38, 40, 42); font-family: times new =
roman, new york, times, serif; font-size: 16px;"><span style=3D"font-size: =
18.06px;"><b style=3D""><font color=3D"#9d1811" style=3D"background-color: =
rgb(255, 255, 255);">&nbsp; &nbsp; &nbsp;&nbsp;</font><font color=3D"#9d181=
1" style=3D"background-color: rgb(125, 190, 241);">11,000,000 treasury&nbsp=
;</font></b></span><span style=3D"background-color: rgb(125, 190, 241); fon=
t-size: 18.06px;"><b><font color=3D"#9d1811" style=3D"">stocks&nbsp;</font>=
</b></span><b style=3D"background-color: rgb(125, 190, 241); font-size: 18.=
06px;"><font color=3D"#9d1811" style=3D"">to the existing shareholders (aft=
er compensation&nbsp;</font></b></div><div dir=3D"ltr" class=3D"ydpa8ba93ee=
yiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsig=
nature" style=3D"color: rgb(38, 40, 42); font-family: times new roman, new =
york, times, serif; font-size: 16px;"><b style=3D"font-size: 18.06px;"><fon=
t color=3D"#9d1811" style=3D"background-color: rgb(255, 255, 255);">&nbsp; =
&nbsp; &nbsp;&nbsp;</font><font color=3D"#9d1811" style=3D"background-color=
: rgb(125, 190, 241);">to&nbsp;</font></b><b style=3D"background-color: rgb=
(125, 190, 241); font-size: 18.06px;"><font color=3D"#9d1811" style=3D"">th=
e e</font></b><b style=3D"background-color: rgb(125, 190, 241); font-size: =
18.06px;"><font color=3D"#9d1811" style=3D"">xisting shareholders whose&nbs=
p;</font></b><b style=3D"background-color: rgb(125, 190, 241); font-size: 1=
8.06px;"><font color=3D"#9d1811" style=3D"">stock s</font></b><span style=
=3D"background-color: rgb(125, 190, 241); font-size: 18.06px;"><b><font col=
or=3D"#9d1811" style=3D"">hares were over $8/$6:&nbsp;</font></b></span><sp=
an style=3D"background-color: rgb(125, 190, 241); color: rgb(3, 61, 33); fo=
nt-size: 18.06px;">&nbsp;</span><span style=3D"background-color: transparen=
t; color: rgb(3, 61, 33); font-size: 18.06px;">&nbsp;</span></div><div dir=
=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813c=
a2yiv3311238761ydpfd7c09efsignature" style=3D"color: rgb(38, 40, 42); font-=
family: times new roman, new york, times, serif; font-size: 16px;"><span st=
yle=3D"background-color: transparent; color: rgb(3, 61, 33); font-size: 18.=
06px;">&nbsp; &nbsp; &nbsp;</span><span style=3D"background-color: transpar=
ent; color: rgb(3, 61, 33); font-size: 18.06px;">&nbsp;</span></div><div di=
r=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813=
ca2yiv3311238761ydpfd7c09efsignature" style=3D"color: rgb(38, 40, 42); font=
-family: times new roman, new york, times, serif; font-size: 16px;"><span s=
tyle=3D"font-size: 18.06px;"><font color=3D"#033d21" style=3D"background-co=
lor: transparent;">&nbsp; &nbsp; &nbsp;&nbsp;</font><font color=3D"#440062"=
 style=3D"background-color: transparent;">11 Capital Shares:&nbsp;</font><b=
><font color=3D"#9d1811" style=3D"background-color: rgb(125, 190, 241);">42=
,900,000 shares</font></b><font color=3D"#033d21" style=3D"background-color=
: transparent;">&nbsp;</font><font color=3D"#440062" style=3D"background-co=
lor: transparent;">(No Balance of&nbsp;</font></span><span style=3D"backgro=
und-color: transparent; font-size: 18.06px;"><font color=3D"#440062" style=
=3D"background-color: inherit;">Company's New Treasury Stock)</font></span>=
</div><div dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv15093=
83669ydp39813ca2yiv3311238761ydpfd7c09efsignature" style=3D"color: rgb(38, =
40, 42); font-family: times new roman, new york, times, serif; font-size: 1=
6px;"><span style=3D"background-color: transparent; font-size: 18.06px;"><f=
ont color=3D"#440062" style=3D"background-color: inherit;">&nbsp; &nbsp; &n=
bsp; &nbsp;@$8/share =3D $343,200,000</font></span></div><div dir=3D"ltr" c=
lass=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv33112=
38761ydpfd7c09efsignature" style=3D"color: rgb(38, 40, 42); font-family: ti=
mes new roman, new york, times, serif; font-size: 16px;"><font color=3D"#44=
0062"><font style=3D"font-size: 18.06px; background-color: transparent;">&n=
bsp; &nbsp; &nbsp; &nbsp;@$6/share =3D&nbsp;</font><span style=3D"font-size=
: 18.06px;">$257,400,000</span></font></div><div dir=3D"ltr" class=3D"ydpa8=
ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c0=
9efsignature" style=3D"font-family: times new roman, new york, times, serif=
; font-size: 16px;"><span style=3D"font-size: 18.06px;"><font color=3D"#440=
062" style=3D"color: rgb(38, 40, 42); background-color: transparent;">&nbsp=
; &nbsp; &nbsp; &nbsp;</font><font color=3D"#440062" style=3D"background-co=
lor: transparent;">42,900,000 shares / 142,900,000 shares =3D</font><font s=
tyle=3D"background-color: inherit;"><font style=3D"background-color: transp=
arent;" color=3D"#440062">&nbsp;</font><b style=3D""><font color=3D"#9d1811=
" style=3D"background-color: rgb(125, 190, 241);">approx.&nbsp;</font></b><=
/font><b style=3D""><font color=3D"#9d1811" style=3D""><span style=3D"backg=
round-color: rgb(125, 190, 241);">30</span><font style=3D"background-color:=
 rgb(125, 190, 241);">% (30.02%)</font></font></b></span></div></div></div>=
<div dir=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669y=
dp39813ca2yiv3311238761ydpfd7c09efsignature" style=3D"color: rgb(38, 40, 42=
);"><span style=3D"background-color: transparent; color: rgb(3, 61, 33); fo=
nt-size: 18.06px;"><br></span></div><div dir=3D"ltr" class=3D"ydpa8ba93eeyi=
v4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsigna=
ture" style=3D""><font color=3D"#440062"><span style=3D"background-color: t=
ransparent; font-size: 18.06px;">Thank you.</span><br></font></div><div dir=
=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813c=
a2yiv3311238761ydpfd7c09efsignature" style=3D""><span style=3D"background-c=
olor: transparent; font-size: 18.06px;"><font color=3D"#440062" style=3D"ba=
ckground-color: inherit;"><br clear=3D"none"></font></span></div><div dir=
=3D"ltr" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813c=
a2yiv3311238761ydpfd7c09efsignature" style=3D""><span style=3D"background-c=
olor: transparent; font-size: 18.06px;"><font color=3D"#440062" style=3D"ba=
ckground-color: inherit;">Best regards,</font></span></div><div dir=3D"ltr"=
 class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv331=
1238761ydpfd7c09efsignature" style=3D""><span style=3D"background-color: tr=
ansparent; font-size: 18.06px;"><font color=3D"#440062" style=3D"background=
-color: inherit;"><br clear=3D"none"></font></span></div><div dir=3D"ltr" c=
lass=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv33112=
38761ydpfd7c09efsignature" style=3D""><span style=3D"background-color: tran=
sparent; font-size: 18.06px;"><font color=3D"#440062" style=3D"background-c=
olor: inherit;">Fred&nbsp;</font></span></div></div></div></div></div></div=
></div></div></div></div></div><div id=3D"ydpa8ba93eeyahoo_quoted_740056886=
0" class=3D"ydpa8ba93eeyahoo_quoted"><div style=3D"font-family:'Helvetica N=
eue', Helvetica, Arial, sans-serif;font-size:13px;color:#26282a;"><div><div=
 id=3D"ydpa8ba93eeyiv4810065229"><div><div id=3D"ydpa8ba93eeyiv4810065229yd=
p7cb340beyahoo_quoted_7385710913" class=3D"ydpa8ba93eeyiv4810065229ydp7cb34=
0beyahoo_quoted"><div style=3D"font-family:Helvetica Neue, Helvetica, Arial=
, sans-serif;font-size:13px;"><div><div id=3D"ydpa8ba93eeyiv4810065229ydp7c=
b340beyiv1509383669"><div id=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv15093=
83669ydp39813ca2yahoo_quoted_6163553323" class=3D"ydpa8ba93eeyiv4810065229y=
dp7cb340beyiv1509383669ydp39813ca2yahoo_quoted"><div style=3D"font-family:H=
elvetica Neue, Helvetica, Arial, sans-serif;font-size:13px;"><div><div id=
=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp39813ca2yiv331123876=
1"><div style=3D"font-family:times new roman, new york, times, serif;font-s=
ize:16px;" class=3D"ydpa8ba93eeyiv4810065229ydp7cb340beyiv1509383669ydp3981=
3ca2yiv3311238761ydpfd7c09efyahoo-style-wrap"><div id=3D"ydpa8ba93eeyiv4810=
065229yqtfd03032" class=3D"ydpa8ba93eeyiv4810065229yqt8423694491"><div dir=
=3D"ltr" style=3D"color:rgb(38, 40, 42);font-family:times new roman, new yo=
rk, times, serif;font-size:16px;" class=3D"ydpa8ba93eeyiv4810065229ydp7cb34=
0beyiv1509383669ydp39813ca2yiv3311238761ydpfd7c09efsignature"><br clear=3D"=
none" style=3D"background-color:transparent;color:rgb(3, 61, 33);font-famil=
y:times new roman, new york, times, serif;font-size:18.06px;font-style:norm=
al;font-weight:400;letter-spacing:normal;orphans:2;text-align:left;text-dec=
oration:none;text-indent:0px;text-transform:none;white-space:normal;word-sp=
acing:0px;"></div></div></div></div></div><div id=3D"ydpa8ba93eeyiv48100652=
29yqtfd23667" class=3D"ydpa8ba93eeyiv4810065229yqt8423694491">
            </div></div><div id=3D"ydpa8ba93eeyiv4810065229yqtfd97778" clas=
s=3D"ydpa8ba93eeyiv4810065229yqt8423694491">
        </div></div></div></div><div id=3D"ydpa8ba93eeyiv4810065229yqtfd790=
70" class=3D"ydpa8ba93eeyiv4810065229yqt8423694491">
            </div></div><div id=3D"ydpa8ba93eeyiv4810065229yqtfd29640" clas=
s=3D"ydpa8ba93eeyiv4810065229yqt8423694491">
        </div></div></div></div></div>
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------=_Part_1307991_437849383.1676512071258--
