<SEC-DOCUMENT>0001193125-12-052777.txt : 20120314
<SEC-HEADER>0001193125-12-052777.hdr.sgml : 20120314
<ACCEPTANCE-DATETIME>20120210164828
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-12-052777
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20120210

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELCATH SYSTEMS INC
		CENTRAL INDEX KEY:			0000872912
		STANDARD INDUSTRIAL CLASSIFICATION:	SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
		IRS NUMBER:				061245881
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		810 SEVENTH AVENUE
		STREET 2:		FL 35
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212-489-2100

	MAIL ADDRESS:	
		STREET 1:		810 SEVENTH AVENUE
		STREET 2:		FL 35
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML><HEAD>
<TITLE>Acceleration Request Letter</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g274270g74h77.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:36px;margin-bottom:0px; margin-left:54%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">February&nbsp;10, 2012 </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><U>VIA EDGAR </U></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">United States Securities and Exchange Commission </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Division of Corporation Finance </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">100 F Street,
NE </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Washington, D.C. 20549 </FONT></P> <P STYLE="font-size:24px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Re:</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Delcath Systems, Inc. </B></FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&nbsp;&nbsp;</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Registration Statement on Form S-3 </B></FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&nbsp;&nbsp;</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>File No.&nbsp;333-178819 </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ladies and
Gentlemen: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pursuant to Rule 461 under the Securities Act of 1933, as amended (the &#147;Securities Act&#148;), we
respectfully request that the effective date of the Company&#146;s registration statement (the &#147;Registration Statement&#148;) on Form S-3 (Reg. No.&nbsp;333-178819), as amended, be accelerated by the Securities and Exchange Commission (the
&#147;Commission&#148;) to 3:30 p.m., Eastern Time, on February&nbsp;13, 2012, or as soon thereafter as practicable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The
Company acknowledges that (i)&nbsp;should the Commission or the staff of the Commission (the &#147;Staff&#148;), acting pursuant to delegated authority, declare the filing effective, it does not foreclose the Commission from taking any action with
respect to the filing; (ii)&nbsp;the action of the Commission or the Staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the Company from its full responsibility for the adequacy and accuracy of the
disclosure in the filing; and (iii)&nbsp;the Company may not assert Staff comments and the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.
</FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px; margin-left:54%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Sincerely, </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; margin-left:54%; text-indent:-2%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">/s/ Peter J. Graham </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; margin-left:54%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Peter J. Graham </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:54%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Executive Vice President, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:54%; text-indent:-2%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">General Counsel </FONT></P> <P STYLE="font-size:60px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">810 Seventh Avenue, 35th Fl., New York, NY 10019&nbsp;|&nbsp;Tele: 212-489-2100&nbsp;|&nbsp;Fax: 212-489-2102 </FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g274270g74h77.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g274270g74h77.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``@&!@<&!0@'!P<)"0@*#!0-#`L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+#`Q-#0T'R<Y/3@R/"XS-#+_
MVP!#`0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P``1"`!.`,T#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#TGXM''PRU
MCW6,?^1%KYGT;0]3\0WWV+2K5KFYV%_+5@/E'4\D>HKZ3^,+[/AGJ7^TT0_\
M?%>5_`A-WCNX?^[8O^K+7;0ERTG(Y:JYJB1QNJ^&_$OA)XI]0L;O3RQQ',K8
M&?0,IZUZ_P#!WXA7VLW$GA_69VN)TC,EK</]]@/O*Q[D=0?K7:?$VUAN_ASK
M2SJI$<'FH3V92""*^?\`X6RO%\2M%*$_-*RGZ%&S3YE6IMM:H5O9323W/JF:
M>&VA::>5(HD&6>1@J@>Y-8T/C3PQ<7(MXM?TUY2<!1<+R?SKP3XN>+KO7_%E
MQI,4S#3K&3R4B#8620?>8^O/`],56\4?#NT\.^%8-4B\06=[=[E6XM8F4[=W
M]T@DG!]JSCAU9<SU9;K.[Y5L?3[L/*9@<C:3FOCSPY']I\9Z3'U\S4(A^<@K
MU_X,>)[N]\.:QI-W,\HL(O-@9SDJA!RN?0$<?6O*_`*>=\0=!7UOHV_(Y_I6
ME*#ASID59<_*T?7$CI$C22.J(HRS,<`#W-81\<>%5G,)\0Z:)`<8^T+_`(UY
M'\<_%5U)K$7ANWF:.UAC66Y53CS';D`^P&#CWKEO#GPE\2>)='34[<6MO;2C
M,/VAR#(/4``X'UK*-"/+S3=C255\W+%7/J""X@NH%GMYHY87&5DC8,I'L169
M>^*O#^G-MO-;T^!AU5[A0?RS7/\`A?P[K&E?"UM`F6*+4A!/"G[S*`L6VG([
M<YKSX_!/1M(L3/XB\61VSA<G8JHH^FXY;\A41A"[NRW*5E9'LNF>(M%UEBNF
MZK9W;`9*PS*Q'X=:R/'GBY/"GAN[N[>6T?48U4Q6\S\ME@,[002.OY5\O:=<
MR:5XEM[C3;EB\%T/)G7Y2X#8!QZ$=O>O5?CEX7O7O$\4&6`6:Q16WEY/F;B6
M/IC'/K6OL(QFDWHS/VSE!M(T/AE\2-3\0>([\^(]5M(;5+;,4;;(4#;ATSR3
MC/>F?M`2))IF@,C*RM)*RLIR"-J\BO,/!_@;4?&\]W!I\UM$ULBLYG)`.20,
M8!]*]`^.$#6.C>%+!RI>"%T)7H2JHO'Y5;A%5E8CFDZ3N:GP-N+33/"&K7][
M<PVT)O`IDF<*O"#N?K7ING>*=`U>X^SZ?K-C<S?\\XIE+'Z#O7RYX<\->(O&
M,3:;I,1FMK5C,P=PD:,W&23_`!''Z5CSPWNAZL\4@>UO[.7!P<-&ZGL13G04
MY-WU%&LXQ6FA]I452T>ZDO=$L+N7_63V\<C?4J"?YU;DD2*-I)&"HHR2>PK@
MMT.P=17)WOB:XEE*62A$S@,1EF_#M4,'B+4;>0>?B1>ZNNT_@:T]G(5SLJ*K
M6-]#J%N)H3QT93U4^AJS6>PPHHHH`\\^-<FSX;W"_P!^XB7_`,>S_2O+O@QK
M.EZ'XFOKG5;Z"SB:TV(\S;0S;AP/RKV7XD>%;_QCX932[">"&07"RLTQ.,`'
MT!]:\G_X4'XC_P"@EIGYO_\`$UUTI0]FXR9S5(RY^9(W/BO\3=(O_#\F@Z'=
M"[>Y(^T3Q_<1`<[0>Y)`Z=JY?X):)+J/C@:AL/V?3XF=F[;V!51]>2?PK7T_
M]G_4WN%_M'6;6*#/S?9T9V/TS@"O9?#?AK3/"NDIIVEP[(@=SNQR\C=V8]S1
M*I"$.2&MPC"<Y\TCY0\1PF#QAJD-WN7;?2B0@<XWG)_*O6+/X+^$;ZPCO[7Q
M/.]LZAA(&BQCWXXK>^(/PCC\5:@VKZ5=1VFH.`)DE4^7*0,`Y'(/YYKSL?`S
MQ>9-A.G!,_>^T''Y;:T]I&<5:5B/9N+=XW/1O#/@[0_"GA_Q%J6C:P^I)):2
M1.^Y2JE%)(!7ZUXW\,D\SXCZ$/2?=^2DU[WH/@N\T7X87'AD7$#7LT,RF5<[
M-SY]LX`(KC?!7P>UOPWXNT_5[N^L)(+9F9DB+;CE2.,CWJ(U%:5V7*#O&R.&
M^,4$D/Q+U)G!Q*D3H?4;`/Y@U[-X%\;>')?!&F+)JMG:RVMLD,T,TJHR,HP>
M#U'&?QIWQ%^'%OXW@AGAG6UU.W4K'*RY5UZ[6[]>A[5Y./@7XN:;8SZ:$S_K
M#.2/RVYHYJ=2FE)VL%IPFVE>YZ)\4O'LNE>$+&?P_=C=JCLL=W'_``QJ.2N>
MYX&:\J\%_#_5?B'+<7\^I"*VADV2W$Y,DC-C)`!/H>I->R>(/AK'KGP_TO0/
MM*17NFQ((9\$H7"X8$==I_PKS:R^#'C>%Y+5-1M;6UE.)6CNGVN/=0.?QHIR
M@H-)V8JD9.5VKH\^MK6./Q7#:1.9(TOEB1S_`!`28!KWGX\2%/`MNG9[Y!^2
ML:Y32_@;K]AK5E=R:CISQ6]PDC`%\E58'TZ\5ZGX_P#"/_"9^&'TU)U@N$D6
M:&1AE0PR,'V()HJ5(N<7?8(4Y*$E8\E^!FL:9I5_K(U"^M[0R11E#/($#`$Y
MP3]15CX_7"3:AH(C8,AMY)%(Z$$K@_I65;?`OQ4]VBW$FG)"&&Y_.+<9YP-M
M=Y\2/AGJOC#5;"?3KNS@M[6U$(68L#G)/8'MBFY0553N)1FZ;C8?\"+58O`T
M]P!\\]Z^3ZA0H']:\:^)#!OB+KQ'_/T1^@KZ+^'OABZ\(^%(M*O)899UE>0M
M#G;\QXZUYMXC^"WB#6O$NI:G'J&GK'=7#RJKE\@$\`\4J=2*J2DV5.$G322/
M9=&3R]"T]/[MM&/_`!T5D^(KF2XNHM,@Y+$%@.Y/0?UJ\MA?QWM@Z786V@A"
M2Q`G#$#T[UGZ*!=:S>W\GW4)P3VS_P#6%<\=^8W\B]##I_A^U5IF7S6ZOC+,
M?;VIZ7VEZT#;MAF(X5UP?PK$@M9O$6I33NY2%3C/H.P%/U303IT0N[65V5""
MV>J^XIV5]7J,(!)X?UP1,Q-O+QGU4]#]176US6J,-3\.PWN!YL9^;'Y'^AK;
MTR<W.FV\IZL@S]1Q2GJK@BU11168RDUVX8CS;?@]R:3[9)_SVMOS--U&?3-,
MM_M%ZL:(SA!^[+,['H``"2?I3[/[!?VJW$$"^6V<;X2AX.#D,`15:6N(3[9)
M_P`]K;\S1]LD_P">UM^9JQ]CMO\`GWC_`.^11]DMO^?>/_OD470RO]LD_P">
MUM^9H^V2?\]K;\S5C[';?\^\?_?(I!:VK$@0Q'!P<*.#1=`0?;)/^>UM^9H^
MV2?\]K;\S5C[';?\^\?_`'R*/LEM_P`^\?\`WR*+H"O]LD_Y[6WYFC[9)_SV
MMOS-6/L=M_S[Q_\`?(H^QVW_`#[Q_P#?(HN@*_VR3_GM;?F:/MDG_/:V_,U8
M^QVW_/O'_P!\BC[);?\`/O'_`-\BBZ`K_;)/^>UM^9H^V2?\]K;\S5C[);?\
M^\?_`'R*@N?[/LT1[A(8U>18E)3JS'"C\31H(3[9)_SVMOS-'VR3_GM;?F:L
M?8[;_GWC_P"^11]CMO\`GWC_`.^11=#*_P!LD_Y[6WYFJMVLEY@&^6-1_#&V
M,UI?8[;_`)]X_P#OD51O]"M[TAD=[=QQF+&#]1335Q#;=I;>$Q&\CD!Z&1LD
M?C5>ULUL[2>WCNHB)OO,3R.,<5>M-&MK2!H^9F;J\O)_^M6-H<*W%O?VLB@R
MKG:3U'4?SIZ:@7;2W^Q63VL%U$N\D^9GYAFH])DEEAU&QGE,R1@@.3G@YJOH
M/V>[MY["Y4><"2"?O8[X/L:NSPVV@:3.(V+2RY`+'EC_`/6IO>W4"AIAW^%[
M]#T4DC\@:LZ-<2?V.D:SQ1_>`)^\.:@MU^R>$)G;@SGC\3C^E:&D6$$NAPK-
M$I,BDDXP>3ZTY6U]0(8K:2&;S5U(ELY(9R0?PJ_]LD_Y[6WZU3@\-6\-P)'N
M;B5`<B-B,?CCK6K]DMO^>$?_`'R*B30%'6].GOH()K*1([ZSE$]N9!E&;!!5
MO8AB,CD9S4VD:FNJV"W'E-#(K-'-"YR8Y%.&7/?!'7N*=J&G_P!H1QK]KN[5
MD;(>VEV$^QZ@CZBET_3[?2K(6UN'*AF=F=BSNQ.2Q)ZDFE=6#J<\]_>B.YT4
M7,GVYM1\B.7/SK"W[W=^";ESZ@5M:]%?2Z+<)IS.+GY2`C;690P+*K'HQ7(!
M[$U0TVU^W^)[G77LY[95MUM81.I1GY+,^T].H4'V/:MF]M?MEOY0N)[<Y!$D
M#[6&/P--M70DM"MH<MM/I,,EI-<2Q-GFY=FD4YP5;=SD'(P>F*S?#-FL=]K5
MT+BY<OJ$J['E+*,!1D#UXQ]*V=.T^#3+06T!<KN9V>1MS.S'+,3W))J*RTF&
MPO;NY@EGQ=.9'A9\QASC+`=B<4K[A;8Q=7GU"\\1MI]O%=/;6]LDK+;7(@9G
M=F`)/4@!>@[GGM6UHBWZ:1;IJ?\`Q]J"'.X,2`3M)(X)VXSCOFF:AHL%_=Q7
M8GN;6ZC0QB:VDV,4)SM/!!&>>1Q5Z"+R((X@[OL4#?(VYF]R>YH;5K`EJ<*B
M:I+I5EJ/]M7JW-SJ1@`#CRQ"TK)C9TR%Y#=<@=N*Z'1$FM=7U:P-W<7%O#Y+
MQ_:)"[*64[AN/..`?Q-7$T2R2SM+4*_E6LPGB&\YW@D\GOR35F&RA@O+FZ0-
MYMR5,A)X^48&/3BFY)B4;&)J1EA\46KWMQ=QZ?*J1VS02E(UGW$E9`.NX;0"
M>.".XST=9MWHD-[?)<3W-VT:.D@MO-_=%E.5.,=B`>N,BI[*UFMY;N2>Z>8S
MS%T4_=B7``51^&3ZDFD[-%(MUA^)\&#3%/\`%J=L/_'\_P!*W*K7EA!?_9_/
M#'R)EG3!Q\Z]/YTD[,&KHS_%<UU!X;NGLIS!<DQI'(/X2TBKG]:JQ6TVE>)[
M""/4+VXBNX)C,ES+O&Y-F&7^Z?F(P./:MN^LH=0MOL]P&,>]'P#CE6##]0*)
M+*&6_@O6!\Z!'1#G@!MN>/\`@(IIZ6$UK<R]<>>?4M+TN*YEMHKII'FDA;:Y
M5%!V@]LDC)'.`:U;.U6SME@66:4`DAII"[?F>:AU+2X-42(2M+%+"_F0S0OM
M>-L8R#[@D$'@THT\?V;]B>ZNW!ZS&7$IYS]X8HOI8=M2Y7+RO_8_B9I&X@GY
M)]C_`(&NHK-UG3!J5IA<"9.4)[^U$79Z@S+UC1)FN3>V`+;CN95."#ZBJEKH
MNH7]RK7OFI&/O-(>2/046.N76F9M;B(R*G&UCAE]JGN_%4DD92V@\ICQO8Y(
M^@K7WUH+0=KTPGN+;2K4#"D`@=CT`_`5TL,2PPI$OW44*/PK!\/Z5)&QO[H'
MS6^X&ZC/4GWKH:SF^B&@HHHJ!G!W?Q&2#XAQ>&X[>%K42I;W%RTF&65U+*`O
M<<8)[4QOBGIQUWR([>X;2DA9Y+PPL-S"58P4_O)EN3[59?X8:+)92+(\C:C)
M=_;&U(JOG[]^_`..!VQZ5%:_"[3[:.[B?4[Z>":SELHXI"N((W??\N!U!YR:
MW_=&7[PT+KXA:+:6RW3I>M:M=/:^>L&4#JP0G.>F3V]#4`^)_AO[?<VCR741
MMA-OEDMV$9,7WP&[GZ>HJI<_"G2;B'38?MMTJ6-LL"@A6W$2"0OR.&)SDCJ#
M4\_PSTNZMU@GN[IXPUVQ'R@DW!!8].V!C]:5J0?O!LOQ*T^"5;F>&YM[#[$;
METFM76<?O`@('3:<CWJ1OBEX=73OM86_9O-DB-LMJWG`H`S,5[*`0<FF7'PW
MAOHT%_K5_=2K;+;&60)EE642#H/8#Z5QWQ1TJR\,P_;8I[_[;JMQ<@212JH'
MFJH*,-IRG`Z<TXQIR=D)N:5SNO%?BO4-*\)0>(M&M+:ZM6C6:07+LC!'QMP`
M.N6Y%,_X3V#2G%CXBMI+745@DGD^SH7A8(NX[&/)^7';KD5>N?#4>L>!K70;
MJ=XD^SP([PXS\FT\9'3(K(O?A=IM]JNH:@]_="2\\[=PA*B1-A`8C)`'(':I
M7):S*?/NB9/BAX>DEM(U34";DH,_9&`BWMM3>3]W=U'J.:K:A\6=#M[2[DLH
M;N\EMW11&L9`D5GV;U/=001[G'K7)>*;.W@^)VD:%:R72R73V<DP:4>3(L.0
M"5VYW8&!SBNN3X76,.E7NG0ZG=1PSR))`RQ1A[<K)O&&VY;G'WL]*MQIJS9*
ME-W2+LGQ+\-PWMU:S7$\36T;N[/"0I*`%D'<L-P&/6G:#XSDURRU^\%B]O%I
MSE84G4I(X$8?YU/0\_E5*7X7Z=-)JF^_N6AU`,SH8X]R2M@F0/MW=1G&<<FM
M;1_"$>E:5JMFVHW=W)J;.\]Q/MW[F0(2,`#M4/V=M"ESWU.9TWXH7-O'%/XF
MTV&UM;G3Q?V\MF[2DIN"[64C(/S"NAA\?Z),5!%W$3/%;D30%"KR(77.>GRC
M)]*RH/A5I\=D\%QJVHW<GD1VT,LS*?(A1PX1`!@`E1FK6H_#JRO_`!)-K,NH
MWNR29;A[,,OE,ZQE,GC/W33?LFQ+VB-'P]XVTGQ/?3VFGK=AHHA,'F@*+)&3
M@,A/4$@US=G\1]1&I0R:GIUI#HL]]/9)<QS$NC1[OF92.AVGI61\'&6]UC5[
MN"2Y:UM;>&QC6ZD#NH4L<`@`;1T'>NDMOA=IL=TSWFI7]Y;AYY(K61E$<3RY
MWL`!G/)QFFXPC)IB3E))HBE^*-A=?9/[)C+^9.8YA<H4*)Y32*X`Z@A:N:;\
M1]'N+*V-W(Z7+^6L@2%@H+Q&3<,\[`H)R?2H+7X8V5O9VULVIW,@MF<Q,(8D
M;:T1C`)51NP"3D\YJQ!\-='BOH+IY;B4Q:9_9I0D`,NTIO.!][:2*3]D->T(
MXOBIX<FAC>(7SO).L"0K;$R,67<I`'8BMC1O%^E:]=I;6+3-*T#3L'CV[%$A
MCPWH=P/'M61IGP_M-"6QN/M\]P=-D:>$-%&A8>64"L549P"3D\YJC\*;:"ZL
MM7\211>2-7O7DCB+;C%&"?ES_O%CQZT2C"S<03E=)G=76GVE[C[1`KD=&Z'\
AZBM]'L+5P\5NN\=&8EL?G5ZBLKO8U"BBBD`4444`?__9
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
