<SEC-DOCUMENT>0001213900-24-089901-index.html : 20241023
<SEC-HEADER>0001213900-24-089901.hdr.sgml : 20241023
<ACCEPTANCE-DATETIME>20241023131559
ACCESSION NUMBER:		0001213900-24-089901
CONFORMED SUBMISSION TYPE:	F-1
PUBLIC DOCUMENT COUNT:		122
FILED AS OF DATE:		20241023
DATE AS OF CHANGE:		20241023

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Kandal M Venture Ltd
		CENTRAL INDEX KEY:			0002024656
		STANDARD INDUSTRIAL CLASSIFICATION:	LEATHER & LEATHER PRODUCTS [3100]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		F-1
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-282786
		FILM NUMBER:		241388686

	BUSINESS ADDRESS:	
		STREET 1:		PADACHI VILLAGE, PREK HO COMMUNE
		STREET 2:		TAKHMAO TOWN
		CITY:			KANDAL PROVINCE
		STATE:			E3
		ZIP:			08251
		BUSINESS PHONE:		85593522786

	MAIL ADDRESS:	
		STREET 1:		PADACHI VILLAGE, PREK HO COMMUNE
		STREET 2:		TAKHMAO TOWN
		CITY:			KANDAL PROVINCE
		STATE:			E3
		ZIP:			08251
</SEC-HEADER>
<DOCUMENT>
<TYPE>F-1
<SEQUENCE>1
<FILENAME>ea0205535-09.htm
<DESCRIPTION>REGISTRATION STATEMENT
<TEXT>
Document 1 - file: ea0205535-09.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-2.1 <SEQUENCE>2 <FILENAME>ea020553509ex2-1_kandalm.htm <DESCRIPTION>SHARE SWAP AGREEMENT BETWEEN DUMAINE INTERNATIONAL LIMITED AND PADACHI M VENTURE LIMITED, THE COMPANY, DATED MAY 29, 2024 <TEXT> Document 2 - file: ea020553509ex2-1_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-3.1 <SEQUENCE>3 <FILENAME>ea020553509ex3-1_kandalm.htm <DESCRIPTION>MEMORANDUM AND ARTICLES OF ASSOCIATION, AS CURRENTLY IN EFFECT <TEXT> Document 3 - file: ea020553509ex3-1_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-3.2 <SEQUENCE>4 <FILENAME>ea020553509ex3-2_kandalm.htm <DESCRIPTION>FORM OF AMENDED AND RESTATED MEMORANDUM AND ARTICLES OF ASSOCIATION (TO BE EFFECTIVE IN CONNECTION WITH THE COMPLETION OF THIS OFFERING) <TEXT> Document 4 - file: ea020553509ex3-2_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-4.1 <SEQUENCE>5 <FILENAME>ea020553509ex4-1_kandalm.htm <DESCRIPTION>SPECIMEN SHARE CERTIFICATE <TEXT> Document 5 - file: ea020553509ex4-1_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-10.1 <SEQUENCE>6 <FILENAME>ea020553509ex10-1_kandalm.htm <DESCRIPTION>FORM OF DIRECTOR APPOINTMENT AGREEMENT, BY AND BETWEEN EXECUTIVE OFFICERS AND THE REGISTRANT <TEXT> Document 6 - file: ea020553509ex10-1_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-10.2 <SEQUENCE>7 <FILENAME>ea020553509ex10-2_kandalm.htm <DESCRIPTION>FORM OF INDEMNIFICATION AGREEMENT WITH THE REGISTRANT'S DIRECTORS AND OFFICERS <TEXT> Document 7 - file: ea020553509ex10-2_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-10.3 <SEQUENCE>8 <FILENAME>ea020553509ex10-3_kandalm.htm <DESCRIPTION>FORM OF INDEPENDENT DIRECTOR OFFER LETTER BETWEEN THE REGISTRANT AND ITS INDEPENDENT DIRECTORS <TEXT> Document 8 - file: ea020553509ex10-3_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-10.4 <SEQUENCE>9 <FILENAME>ea020553509ex10-4_kandalm.htm <DESCRIPTION>LEASE AGREEMENT ENTERED BY FMF MANUFACTURING CO., LTD. WITH PRECH THORNG REGARDING PADACHI VILLAGE, PREK HO COMMUNE, TAKHMAO TOWN, KANDAL PROVINCE, KINGDOM OF CAMBODIA DATED JANUARY 2, 2017 <TEXT> Document 9 - file: ea020553509ex10-4_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-10.5 <SEQUENCE>10 <FILENAME>ea020553509ex10-5_kandalm.htm <DESCRIPTION>MANAGEMENT FEES AND SHARE OF DIRECTORS REMUNERATION AGREEMENT ENTERED BY PROSPECT FOCUS LTD AND FASHION FOCUS MANUFACTURING LIMITED DATED APRIL 1, 2021 <TEXT> Document 10 - file: ea020553509ex10-5_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-10.6 <SEQUENCE>11 <FILENAME>ea020553509ex10-6_kandalm.htm <DESCRIPTION>FACILITY LETTER ENTERED BY PROSPECT FOCUS LIMITED AS ONE OF THE BORROWERS AND BANK OF COMMUNICATIONS (HONG KONG) LIMITED AS LENDER DATED FEBRUARY 27, 2023 <TEXT> Document 11 - file: ea020553509ex10-6_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-10.7 <SEQUENCE>12 <FILENAME>ea020553509ex10-7_kandalm.htm <DESCRIPTION>FACILITY LETTER ENTERED BY PROSPECT FOCUS LIMITED AS ONE OF THE BORROWERS AND CTBC BANK CO., LTD, HONG KONG BRANCH AS LENDER DATED MAY 23, 2023 <TEXT> Document 12 - file: ea020553509ex10-7_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-21.1 <SEQUENCE>13 <FILENAME>ea020553509ex21-1_kandalm.htm <DESCRIPTION>LIST OF SUBSIDIARIES <TEXT> Document 13 - file: ea020553509ex21-1_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-23.1 <SEQUENCE>14 <FILENAME>ea020553509ex23-1_kandalm.htm <DESCRIPTION>CONSENT OF WWC, P.C., AN INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM <TEXT> Document 14 - file: ea020553509ex23-1_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-23.3 <SEQUENCE>15 <FILENAME>ea020553509ex23-3_kandalm.htm <DESCRIPTION>CONSENT OF INFINITUS LAW CORPORATION, A SINGAPORE LAW FIRM <TEXT> Document 15 - file: ea020553509ex23-3_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.1 <SEQUENCE>16 <FILENAME>ea020553509ex99-1_kandalm.htm <DESCRIPTION>OPINION OF SOK SIPHANA & ASSOCIATES REGARDING CERTAIN CAMBODIAN LAW MATTERS <TEXT> Document 16 - file: ea020553509ex99-1_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.2 <SEQUENCE>17 <FILENAME>ea020553509ex99-2_kandalm.htm <DESCRIPTION>OPINION OF HASTINGS & CO. REGARDING CERTAIN HONG KONG LAW MATTERS <TEXT> Document 17 - file: ea020553509ex99-2_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.3 <SEQUENCE>18 <FILENAME>ea020553509ex99-3_kandalm.htm <DESCRIPTION>CODE OF BUSINESS CONDUCT AND ETHICS <TEXT> Document 18 - file: ea020553509ex99-3_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.4 <SEQUENCE>19 <FILENAME>ea020553509ex99-4_kandalm.htm <DESCRIPTION>CONSENT OF JOSEPHINE YAN YEUNG <TEXT> Document 19 - file: ea020553509ex99-4_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.5 <SEQUENCE>20 <FILENAME>ea020553509ex99-5_kandalm.htm <DESCRIPTION>CONSENT OF HIU MING EDDIE LEUNG <TEXT> Document 20 - file: ea020553509ex99-5_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.6 <SEQUENCE>21 <FILENAME>ea020553509ex99-6_kandalm.htm <DESCRIPTION>CONSENT OF MAN YING ANGELA YUNG <TEXT> Document 21 - file: ea020553509ex99-6_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.7 <SEQUENCE>22 <FILENAME>ea020553509ex99-7_kandalm.htm <DESCRIPTION>FORM OF AUDIT COMMITTEE CHARTER <TEXT> Document 22 - file: ea020553509ex99-7_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.8 <SEQUENCE>23 <FILENAME>ea020553509ex99-8_kandalm.htm <DESCRIPTION>FORM OF NOMINATING AND CORPORATE GOVERNANCE COMMITTEE CHARTER <TEXT> Document 23 - file: ea020553509ex99-8_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.9 <SEQUENCE>24 <FILENAME>ea020553509ex99-9_kandalm.htm <DESCRIPTION>FORM OF COMPENSATION COMMITTEE CHARTER <TEXT> Document 24 - file: ea020553509ex99-9_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-FILING FEES <SEQUENCE>25 <FILENAME>ea020553509ex-fee_kandalm.htm <DESCRIPTION>FILING FEE TABLE <TEXT> Document 25 - file: ea020553509ex-fee_kandalm.htm
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>26 <FILENAME>tcathay_logo.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 26 - file: tcathay_logo.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>27 <FILENAME>tflowchart_001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 27 - file: tflowchart_001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>28 <FILENAME>tflowchart_002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 28 - file: tflowchart_002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>29 <FILENAME>timage_002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 29 - file: timage_002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>30 <FILENAME>timage_003.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 30 - file: timage_003.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>31 <FILENAME>timage_004.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 31 - file: timage_004.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>32 <FILENAME>timage_005.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 32 - file: timage_005.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>33 <FILENAME>twwc_header.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 33 - file: twwc_header.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>34 <FILENAME>twwc_sign.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 34 - file: twwc_sign.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>35 <FILENAME>twwc_footer.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 35 - file: twwc_footer.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>36 <FILENAME>ex2-1_001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 36 - file: ex2-1_001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>37 <FILENAME>ex2-1_002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 37 - file: ex2-1_002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>38 <FILENAME>ex3-1_001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 38 - file: ex3-1_001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>39 <FILENAME>ex3-1_002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 39 - file: ex3-1_002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>40 <FILENAME>ex3-2_001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 40 - file: ex3-2_001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>41 <FILENAME>ex4-1_001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 41 - file: ex4-1_001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>42 <FILENAME>ex10-4_001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 42 - file: ex10-4_001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>43 <FILENAME>ex10-5_001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 43 - file: ex10-5_001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>44 <FILENAME>ex10-5_002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 44 - file: ex10-5_002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>45 <FILENAME>ex10-6_001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 45 - file: ex10-6_001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>46 <FILENAME>ex10-6_002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 46 - file: ex10-6_002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>47 <FILENAME>ex10-6_003.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 47 - file: ex10-6_003.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>48 <FILENAME>ex10-6_004.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 48 - file: ex10-6_004.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>49 <FILENAME>ex10-6_005.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 49 - file: ex10-6_005.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>50 <FILENAME>ex10-6_006.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 50 - file: ex10-6_006.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>51 <FILENAME>ex10-6_007.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 51 - file: ex10-6_007.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>52 <FILENAME>ex10-6_008.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 52 - file: ex10-6_008.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>53 <FILENAME>ex10-6_009.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 53 - file: ex10-6_009.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>54 <FILENAME>ex10-6_010.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 54 - file: ex10-6_010.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>55 <FILENAME>ex10-6_011.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 55 - file: ex10-6_011.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>56 <FILENAME>ex10-6_012.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 56 - file: ex10-6_012.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>57 <FILENAME>ex10-6_013.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 57 - file: ex10-6_013.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>58 <FILENAME>ex10-6_014.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 58 - file: ex10-6_014.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>59 <FILENAME>ex10-6_015.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 59 - file: ex10-6_015.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>60 <FILENAME>ex10-6_016.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 60 - file: ex10-6_016.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>61 <FILENAME>ex10-7_001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 61 - file: ex10-7_001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>62 <FILENAME>ex10-7_002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 62 - file: ex10-7_002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>63 <FILENAME>ex10-7_003.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 63 - file: ex10-7_003.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>64 <FILENAME>ex10-7_004.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 64 - file: ex10-7_004.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>65 <FILENAME>ex10-7_005.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 65 - file: ex10-7_005.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>66 <FILENAME>ex10-7_006.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 66 - file: ex10-7_006.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>67 <FILENAME>ex10-7_007.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 67 - file: ex10-7_007.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>68 <FILENAME>ex10-7_008.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 68 - file: ex10-7_008.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>69 <FILENAME>ex10-7_009.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 69 - file: ex10-7_009.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>70 <FILENAME>ex10-7_010.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 70 - file: ex10-7_010.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>71 <FILENAME>ex10-7_011.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 71 - file: ex10-7_011.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>72 <FILENAME>ex10-7_012.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 72 - file: ex10-7_012.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>73 <FILENAME>ex10-7_013.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 73 - file: ex10-7_013.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>74 <FILENAME>ex10-7_014.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 74 - file: ex10-7_014.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>75 <FILENAME>ex10-7_015.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 75 - file: ex10-7_015.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>76 <FILENAME>ex10-7_016.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 76 - file: ex10-7_016.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>77 <FILENAME>ex10-7_017.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 77 - file: ex10-7_017.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>78 <FILENAME>ex10-7_018.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 78 - file: ex10-7_018.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>79 <FILENAME>ex10-7_019.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 79 - file: ex10-7_019.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>80 <FILENAME>ex10-7_020.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 80 - file: ex10-7_020.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>81 <FILENAME>ex10-7_021.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 81 - file: ex10-7_021.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>82 <FILENAME>ex10-7_022.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 82 - file: ex10-7_022.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>83 <FILENAME>ex10-7_023.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 83 - file: ex10-7_023.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>84 <FILENAME>ex10-7_024.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 84 - file: ex10-7_024.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>85 <FILENAME>ex10-7_025.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 85 - file: ex10-7_025.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>86 <FILENAME>ex10-7_026.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 86 - file: ex10-7_026.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>87 <FILENAME>ex10-7_027.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 87 - file: ex10-7_027.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>88 <FILENAME>ex10-7_028.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 88 - file: ex10-7_028.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>89 <FILENAME>ex10-7_029.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 89 - file: ex10-7_029.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>90 <FILENAME>ex10-7_030.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 90 - file: ex10-7_030.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>91 <FILENAME>ex10-7_031.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 91 - file: ex10-7_031.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>92 <FILENAME>ex10-7_032.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 92 - file: ex10-7_032.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>93 <FILENAME>ex10-7_033.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 93 - file: ex10-7_033.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>94 <FILENAME>ex10-7_034.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 94 - file: ex10-7_034.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>95 <FILENAME>ex10-7_035.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 95 - file: ex10-7_035.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>96 <FILENAME>ex10-7_036.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 96 - file: ex10-7_036.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>97 <FILENAME>ex10-7_037.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 97 - file: ex10-7_037.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>98 <FILENAME>ex10-7_038.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 98 - file: ex10-7_038.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>99 <FILENAME>ex10-7_039.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 99 - file: ex10-7_039.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>100 <FILENAME>ex10-7_040.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 100 - file: ex10-7_040.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>101 <FILENAME>ex10-7_041.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 101 - file: ex10-7_041.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>102 <FILENAME>ex10-7_042.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 102 - file: ex10-7_042.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>103 <FILENAME>ex10-7_043.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 103 - file: ex10-7_043.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>104 <FILENAME>ex10-7_044.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 104 - file: ex10-7_044.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>105 <FILENAME>ex10-7_045.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 105 - file: ex10-7_045.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>106 <FILENAME>ex10-7_046.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 106 - file: ex10-7_046.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>107 <FILENAME>ex10-7_047.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 107 - file: ex10-7_047.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>108 <FILENAME>ex10-7_048.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 108 - file: ex10-7_048.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>109 <FILENAME>ex10-7_049.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 109 - file: ex10-7_049.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>110 <FILENAME>ex10-7_050.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 110 - file: ex10-7_050.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>111 <FILENAME>ex10-7_051.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 111 - file: ex10-7_051.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>112 <FILENAME>ex10-7_052.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 112 - file: ex10-7_052.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>113 <FILENAME>ex10-7_053.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 113 - file: ex10-7_053.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>114 <FILENAME>ex10-7_054.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 114 - file: ex10-7_054.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>115 <FILENAME>ex10-7_055.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 115 - file: ex10-7_055.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>116 <FILENAME>ex10-7_056.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 116 - file: ex10-7_056.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>117 <FILENAME>ex23-1_001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 117 - file: ex23-1_001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>118 <FILENAME>ex23-1_002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 118 - file: ex23-1_002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>119 <FILENAME>ex23-3_001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 119 - file: ex23-3_001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>120 <FILENAME>ex23-3_002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 120 - file: ex23-3_002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>121 <FILENAME>ex99-1_001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 121 - file: ex99-1_001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>122 <FILENAME>ex99-2_001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 122 - file: ex99-2_001.jpg
</DOCUMENT> </SEC-DOCUMENT>