<SEC-DOCUMENT>0001615774-15-003706.txt : 20161012
<SEC-HEADER>0001615774-15-003706.hdr.sgml : 20161012
<ACCEPTANCE-DATETIME>20151222214411
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001615774-15-003706
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20151222

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			M I Acquisitions, Inc.
		CENTRAL INDEX KEY:			0001653558
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		C/O MAGNA MANAGEMENT LLC
		STREET 2:		5 HANOVER SQUARE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10004
		BUSINESS PHONE:		347-491-4240

	MAIL ADDRESS:	
		STREET 1:		C/O MAGNA MANAGEMENT LLC
		STREET 2:		5 HANOVER SQUARE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10004
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
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    <TD STYLE="width: 48%; font: 10pt Arial, Helvetica, Sans-Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 120px; width: 120px"></TD>
    <TD STYLE="width: 26%">
        <P STYLE="font: small-caps bold 10pt/10pt Arial, Helvetica, Sans-Serif; margin: 0.35in 0 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Giovanni
        Caruso</FONT></P>
        <P STYLE="font: 10pt/10pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Partner</FONT></P>
        <P STYLE="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 9pt 0 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">345
        Park Avenue<BR>
        New York, NY 10154</FONT></P></TD>
    <TD STYLE="width: 26%; padding-top: 53pt; font: 10pt/9pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Direct</B>&#9;&nbsp;&nbsp;&nbsp;&nbsp;212.407.4866<BR>
    <B>Main&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B>&#9;212.407.4000<BR>
    <B>Fax</B>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212.937.3943<BR>
    gcaruso@loeb.com</FONT></TD></TR>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 3in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Via
Edgar</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.25in 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">December
22, 2015</FONT></P>

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    <TD STYLE="width: 100%; padding-top: 0.15in; padding-right: 5.75pt; padding-left: 5.75pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.05pt">Tom
                                         Kluck</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><BR>
                                         U.S. Securities &amp; Exchange Commission</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">100
        F Street, NE</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Washington,
        D.C. 20549</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/13.75pt Arial, Helvetica, Sans-Serif; margin-top: 13.9pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Re:</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>M
                                         I Acquisitions, Inc.</B><BR>
                                         <B>Draft Registration Statement on Form S-1</B><BR>
                                         <B>Submitted October 13, 2015</B><BR>
                                         <B>CIK No. 0001653558</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dear
Mr. Reynolds:</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
behalf of our client, M I Acquisitions, Inc. (the &ldquo;Company&rdquo;), we hereby provide a response to the comments issued
in a letter dated November 9, 2015 (the &ldquo;Staff&rsquo;s Letter&rdquo;) regarding the Company&rsquo;s draft Registration Statement
on Form S-1 (the &ldquo;Registration Statement&rdquo;). Contemporaneously, we are submitting the Registration Statement via Edgar
(the &ldquo;Amended S-1&rdquo;).</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
order to facilitate the review by the Commission&rsquo;s staff (the &ldquo;Staff&rdquo;) of the Registration Statement, we have
responded, on behalf of the Company, to the comments set forth in the Staff&rsquo;s Letter on a point-by-point basis. The numbered
paragraphs set forth below respond to the Staff&rsquo;s comments and correspond to the numbered paragraph in the Staff&rsquo;s
Letter.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>General</U></B></FONT></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>1.</B></FONT></TD><TD STYLE="text-align: left; padding-right: 0.2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Please
                                         supplementally provide us with copies of all written communications, as defined in Rule
                                         405 under the Securities Act, that you, or anyone authorized to do so on your behalf,
                                         present to potential investors in reliance on Section 5(d) of the Securities Act, whether
                                         or not they retain copies of the communications.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12.95pt Arial, Helvetica, Sans-Serif; margin: 13.95pt 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.05pt">Response:
Neither the Company nor anyone on the Company&rsquo;s behalf has had any written communications with potential investors relating
to the offering contemplated by the Registration Statement. If any such communications are made in reliance on Section 5(d), the
Company will provide a copy of such communications to the Staff.</FONT></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>2.</B></FONT></TD><TD STYLE="text-align: left; padding-right: 0.2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.05pt"><B>We
                                         note your disclosure that you may seek stockholder approval of your initial business
                                         combination at a meeting called for such purposes. We also note your disclosure that
                                         the insiders have agreed to vote their insider shares, private shares, and any public
                                         shares acquired in favor of any proposed business combination. Please disclose the number
                                         and percentage of shares offered in this registration statement that would be required
                                         to vote in favor of a business combination in order for it to be approved, given that
                                         insiders will beneficially own 23.1% of the issued and outstanding shares after this
                                         offering.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/13.7pt Arial, Helvetica, Sans-Serif; margin: 14.5pt 0.2in 0 0.5in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.05pt">Response:
The disclosure on pages 13 and 55 of the Amended S-1 has been revised in accordance with the Staff&rsquo;s comments.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0.5in 0 0.05in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0.5in 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Risk
Factors</U></B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0.5in 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0.5in 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>If
we determine to change our acquisition criteria or guidelines . . ., page 20</U></B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/13.8pt Arial, Helvetica, Sans-Serif; margin-top: 13.8pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>3.</B></FONT></TD><TD STYLE="text-align: left; padding-right: 0.05in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>We
                                         note the disclosure in this risk factor. Please revise the disclosure throughout the
                                         prospectus to clarify, if true, that the 80% test would no longer apply if you are delisted
                                         from Nasdaq. In addition, in an appropriate section of the prospectus, please identify
                                         and describe each of the &ldquo;acquisition criteria or guidelines&rdquo; that could
                                         be changed and explain the potential impact on investors in your offering. Specifically
                                         discuss the factors you will consider when deciding whether, how or when you may deviate
                                         from these criteria or guidelines. Lastly, please revise to clearly state whether investors
                                         will be given redemption rights to the extent there are any changes to your acquisition
                                         criteria or guidelines. Please provide a discussion of these matters in the prospectus
                                         summary.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/13.8pt Arial, Helvetica, Sans-Serif; margin: 13.65pt 0.15in 0 0.5in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.05pt">Response:
In response to the Staff&rsquo;s comment, the Company has revised the risk factor on page 21 of the Amended S-1 and added disclosure
similar to that contained in the risk factor to page 11 of the Amended S-1. In addition, the Company has included more detailed
disclosure on page 59 of the Amended S-1.</FONT></P>

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<P STYLE="font: 10pt/13.8pt Arial, Helvetica, Sans-Serif; margin: 13.65pt 0.15in 0 0.5in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.05pt">In
addition, the Company has added disclosure on pages 2, 14, 25 and 52 of the Amended S-1 to indicate that if the Company is no
longer listed on Nasdaq it will not need to comply with the 80% test.<BR>
</FONT>&nbsp;</P>

<P STYLE="font: 10pt/27.25pt Arial, Helvetica, Sans-Serif; margin: 0 0.5in 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Management&rsquo;s
Discussion and Analysis of Financial Condition and Results of Operations Related Party Transactions, page 49</U></B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/13.8pt Arial, Helvetica, Sans-Serif; margin-top: 13.8pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>4.</B></FONT></TD><TD STYLE="text-align: left; padding-right: 0.05in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Please
                                         provide the name of the related party who loaned the registrant funds to cover expenses
                                         related to the offering. Also disclose the insiders who will purchase in the private
                                         placement. See Item 404(a)(1) of Regulation S-K. Revise similar disclosure on page 74.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/13.75pt Arial, Helvetica, Sans-Serif; margin: 14.55pt 0.15in 0 0.5in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Response:
The disclosure on pages 4, 10, 40, 47, 73. 74 and II-4 of the Amended S-1 has been revised in accordance with the Staff&rsquo;s
comments.</FONT></P>

<P STYLE="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 13.95pt 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Employees,
page 62 </U></B></FONT></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>5.</B></FONT></TD><TD STYLE="text-align: left; padding-right: 0.05in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.05pt"><B>We
                                         note your disclosure on page 62 that you have two executive officers. However, on page
                                         66, you only provide certain disclosures regarding Joshua Sason. Please revise.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/13.75pt Arial, Helvetica, Sans-Serif; margin: 14.55pt 0.15in 0 0.5in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Response:
The disclosure on page 61 has been revised to state that we have one executive officer.</FONT></P>

<P STYLE="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 13.95pt 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Legal
Proceedings, page 63 </U></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/13.8pt Arial, Helvetica, Sans-Serif; margin-top: 13.8pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>6.</B></FONT></TD><TD STYLE="text-align: left; padding-right: 0.05in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>We
                                         note your disclosure that there are no material legal proceedings currently pending or
                                         known to be contemplated against any members of your management team in their capacity
                                         as such. Please tell us how you determined that the lawsuit filed in the Supreme Court
                                         of New York (Index No. 153480/2015) by Richard Granville and Yippy, Inc. against Mr.
                                         Sason and Magna Group LLC is not material.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/13.75pt Arial, Helvetica, Sans-Serif; margin: 14.55pt 0.15in 0 0.5in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Response:
The Company considered whether the suit against Mr. Sason and Magna Group LLC was material to investors and determined that
it was not material because the Company believes that the lawsuit was filed against Magna Group LLC and Mr. Sason in
retaliation for a suit instituted against Yippy, Inc. and Richard Granville by Hanover Holdings I LLC (an affiliate of Magna
Group) due to Yippy&rsquo;s failure to repay certain promissory notes. The Company further believes that Yippy, Inc. and Mr.
Granville made defamatory statements in the press about Magna Group and Mr. Sason in an attempt to force them to drop the
Hanover suit. Mr. Sason and Magna Group filed a counterclaim for defamation against Yippy and Mr. Granville, to which Yippy
and Mr. Granville did not file a reply. In addition, Yippy and Mr. Granville failed to file replies to certain motions made
by Magna Group and Mr. Sason. Mr. Sason and Magna Group believe that the lawsuit against them is without merit and expect to
prevail in court.</FONT></P>

<P STYLE="font: 10pt/13.75pt Arial, Helvetica, Sans-Serif; margin: 14.55pt 0.15in 0 0.5in; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 13.95pt 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Management,
page 66</U></B></FONT></P>

<P STYLE="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 14.6pt 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Conflicts
of Interest, page 69</U></B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/13.8pt Arial, Helvetica, Sans-Serif; margin-top: 13.8pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>7.</B></FONT></TD><TD STYLE="text-align: left; padding-right: 0.05in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>We
                                         note your disclosure on page 72 that M SPAC LLC will own 23.1% of the outstanding shares
                                         and that Mr. Sason is the sole managing member of M SPAC LLC. Please include corresponding
                                         disclosure in your conflicts of interest table.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/13.75pt Arial, Helvetica, Sans-Serif; margin: 14.55pt 0.15in 0 0.5in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Response:
The disclosure on page 69 of the Amended S-1 has been revised in accordance with the Staff&rsquo;s comments.</FONT></P>

<P STYLE="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 27.85pt 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Principal
Stockholders, page 72</U></B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/13.8pt Arial, Helvetica, Sans-Serif; margin-top: 14.45pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>8.</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>We
                                         note your disclosure on page 72 that none of your insiders, officers, directors and director
                                         nominees has indicated that he or she intends to purchase your units in the offering.
                                         We also note your disclosure that members of your management team currently intend to
                                         purchase the entire 500,000 units offered pursuant to the directed unit program. Please
                                         revise to clarify this apparent discrepancy.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/13.75pt Arial, Helvetica, Sans-Serif; margin: 14.55pt 0.15in 0 0.5in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Response:
The disclosure on page 71 of the Amended S-1 has been revised to be consistent with the disclosure in the remainder of the Amended
S-1.</FONT></P>

<P STYLE="font: 10pt/13.65pt Arial, Helvetica, Sans-Serif; margin: 13.95pt 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.05pt"><B><U>Exhibits</U></B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/13.8pt Arial, Helvetica, Sans-Serif; margin-top: 13.8pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>9.</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Please
                                         file all required exhibits as promptly as possible. If you are not in a position to file
                                         your legal opinion with the next amendment, please file a draft copy on EDGAR as correspondence.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/13.75pt Arial, Helvetica, Sans-Serif; margin: 14.55pt 0.15in 0 0.5in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Response:
The Company has filed all exhibits other than exhibit numbers 1.1, 4.5 and 23.1 with this filing.</FONT></P>

<P STYLE="font: 10pt/13.75pt Arial, Helvetica, Sans-Serif; margin: 14.55pt 0.15in 0 0.5in; text-align: left">&nbsp;</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Please
call me at 212 407-4866 if you would like additional information with respect to any of the foregoing. Thank you.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sincerely,</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 24pt 0 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
Giovanni Caruso</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Giovanni
Caruso<BR>
Partner</FONT></P>

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