<SEC-DOCUMENT>0001213900-24-031556.txt : 20241211
<SEC-HEADER>0001213900-24-031556.hdr.sgml : 20241211
<ACCEPTANCE-DATETIME>20240409153109
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001213900-24-031556
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20240409

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CO2 Energy Transition Corp.
		CENTRAL INDEX KEY:			0001956648
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		1334 BRITTMOORE RD, SUITE 190
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77043
		BUSINESS PHONE:		346-482-6238

	MAIL ADDRESS:	
		STREET 1:		1334 BRITTMOORE RD, SUITE 190
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77043
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; width: 50%; font-size: 10pt; vertical-align: top"><IMG SRC="image_001.jpg" ALT=""><FONT STYLE="font-family: Sans-Serif; font-size: 9pt; color: Red"><B></B></FONT></TD>
    <TD STYLE="width: 25%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps"><B>Joan S. Guilfoyle</B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Senior Counsel</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">901 New York Avenue NW<BR>
    3rd Floor East<BR>
    Washington, DC 20001-4432</P></TD>
    <TD STYLE="width: 25%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Direct</B>&nbsp;&nbsp;&nbsp;202.524.8467<BR>
<B>Main</B>&nbsp;&nbsp;&nbsp;&nbsp;202.618.5000<BR>
<B>Fax</B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202.618.5001<BR>
jguilfoyle@loeb.com</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April 9, 2024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pearlyne Paulemon<BR>
Jeffrey Gabor<BR>
Division of Corporation Finance<BR>
Office of Real Estate and Construction<BR>
U.S. Securities and Exchange Commission<BR>
100 F Street, N.E.<BR>
Washington, D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.4in; text-indent: -0.4in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Re:</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CO2 Energy Transition Corp.<BR>
Amendment No. 3 to Registration Statement on Form S-1<BR>
Filed March 22, 2024<BR>
File No. 333-269932</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dear Ms. Paulemon and Mr. Gabor:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On behalf of our client, C02 Energy Transition
Corp., a Delaware corporation (the &ldquo;<B>Company</B>&rdquo;), we submit to the staff (the &ldquo;<B>Staff</B>&rdquo;) of the U.S.
Securities and Exchange Commission (the &ldquo;<B>SEC</B>&rdquo;) this letter setting forth the Company&rsquo;s response to the comment
contained in the Staff&rsquo;s letter dated April 3, 2024 (the <B>&ldquo;Comment Letter&rdquo;</B>) regarding the Company&rsquo;s Amendment
No. 3 to the Registration Statement on Form S-1 (the &ldquo;<B>Registration Statement</B>&rdquo;) filed March 22, 2024. Concurrent herewith,
we are filing Amendment No. 4 to the Company&rsquo;s Registration Statement reflecting the changes set forth below (&ldquo;<B>Amendment
No. 4</B>&rdquo;) as well as the requisite exhibits. For ease of reference, we have reproduced the comment below in bold with our responses
following the comments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Form S-1/A filed on March 22, 2024</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Anticipated
expenses and funding sources, page 20</B></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.5in"><B>1.</B></TD><TD STYLE="text-align: justify"><B>We acknowledge your response to prior comment 3. Please clarify whether the tail insurance premium
is included in the up to $100,000 of dissolution expenses that would be payable out of interest on assets held in the trust, as described
in your discussion of the redemption of public shares on page 28.</B></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><B>RESPONSE:</B>
Page 20 and elsewhere in Amendment No. 4 where dissolution expenses are discussed have been revised to clarify that the maximum amount
of dissolution expenses that may be payable out of interest would be $100,000 which may include the costs associated with obtaining a
tail policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>If we are deemed
to be an investment company . . ., page 37</B></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>2.</B></TD><TD STYLE="text-align: justify"><B>We acknowledge your response to prior comment 5. We note your statement that the assets in your trust
account will be securities, including U.S. Government securities or shares of money market funds registered under the Investment Company
Act and regulated pursuant to rule 2a-7 of that Act. Please clarify that notwithstanding the nature of these investments, you could nevertheless
be considered to be operating as an unregistered investment company. Please also confirm that if your facts and circumstances change over
time, you will update your disclosure to reflect how those changes impact the risk that you may be considered to be operating as an unregistered
investment company.</B></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><B>RESPONSE:</B>
The referenced Risk Factor has been revised to state that if the facts and circumstances change such that we may be deemed to be an unregulated
Investment Company, we will inform our stockholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Management,
page 112</B></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>3.</B></TD><TD STYLE="text-align: justify"><B>We acknowledge your response to prior comment 6. We note that in exhibit 99.5 James Wang consents to
being named as a nominee to the board of directors. Please revise your prospectus to reflect that James Wong is a Director Nominee and
include James Wong&rsquo;s age in the table.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><B>RESPONSE:</B>
The Management table has been revised to disclose Mr. Wang&rsquo;s age and to disclose consistently throughout the prospectus that Mr.
Wang will serve as an independent director.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Los Angeles New York Chicago Nashville Washington,
DC San Francisco Beijing Hong Kong www.loeb.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">For the United States offices, a limited liability
partnership including professional corporations. For Hong Kong office, a limited liability partnership.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">* * * * *</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: top; width: 80%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><IMG SRC="image_002.jpg" ALT="" STYLE="height: 63px; width: 63px"></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 20%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Pearlyne Paulemon</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Jeffrey Gabor<BR>
    April 9, 2024</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Page 2</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Please call me at (202) 524-8467 if you have any additional questions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 40%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sincerely,</FONT></TD>
    <TD STYLE="width: 60%; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1.5pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Joan S. Guilfoyle</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Joan S. Guilfoyle</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Senior Counsel</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>image_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !X '@# 2(  A$! 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#RNBBBOHCP
M HHHH ****  ]*^H]'_Y)19?]@M/_0*^7#TKZCT?_DE%E_V"T_\ 0*XL5]GU
M.O#[2]#@.U%':BO2/)"BBB@ HHHH **** /&Z***R.L**** "BBB@ /2OJ/1
M_P#DE%E_V"T_] KY</2OJ/1_^2467_8+3_T"N+%?9]3KP^TO0X#M11VHKTCR
M0HHHH **** "BBB@#QNBBBLCK"BBB@ HHHH #TKZCT?_ ))19?\ 8+3_ - K
MY</2OJ/1_P#DE%E_V"T_] KBQ7V?4Z\/M+T. [44=J*](\D**** "BBB@ HH
MHH \;HHHK(ZPHHHH ****  ]*^H]'_Y)39?]@M/_ $"OESM7TOX6\4>&X_!.
ME6=WK.G*RV4<<L4DZ@@[0""":XL7?W6NYUX:WO+R.,[45W_]J^ O^?[1/^_J
M4O\ :O@+_G^T3_OZE7]=_NLQ^I/^9'G]%>@?VKX"_P"?[1/^_J4?VKX"_P"?
M[1/^_J4?7?[K#ZD_YD>?T5Z!_:O@+_G^T3_OZE']J^ O^?[1/^_J4?7?[K#Z
MD_YD>?T5Z!_:O@+_ )_M$_[^I11]=_NL/J3_ )D?+=%%=#X9\/P:[:ZY--/)
M$=.L&ND" '>P['/:NB4E%79$8N3LCGJ**Z#PQX6F\1RW$SW,=EIEHGF7=[+]
MV)?0#NQ]*<I**NPC%R=D<_17;KI_PWF<6JZUK4,I.T7<L"^5GU*_>Q5&Y\%W
M.F^,=,T2]E5K:_FC$%W!RLD3L!O7WYZ5DJT>NA;ILY?!HVCTKN]1T+P!I>I7
M5A<ZYK7GVTK12;;52-RG!P>]8VIV/A8M9Q:%J.I7,TLZQRBZ@"!4/&01WS0J
MJ?1_<-TVNJ.<P/2DP/2O0]:\,^!M!U>?3+[7-9%S;D!]ELK#D \'Z&J@\)^'
MM8TS4)_#.M7<]W8PFXDM;R (7C'WBI'I2]M&U];>@W2EL<1@>E&!Z5HZ'#I=
MUJT,&L7,]M9RG:T\(!,9/0D'MZUVFO\ A#P9X:U!;34M6UL,Z"2.2.V1HY%/
M=6[BJE447RLF--R5SSK ]*3 ]*L7J6T=[.EG,\UJ'(BDD38S+V)'8U!6B,WH
M)@>E%+13$':NW^'W_(+\8_\ 8%D_G7$5U7@OQ!I>A-JT6K174MKJ-F;4BUV[
MQD\]3Z5C53<'8UI-*6IRH^[7=Y9?@=_HW1]8Q=[>N-GRY]L[:@\WX9_\^OB7
M_OY%3-/\5:5H6I7UI86-Q>^&;Y%2>SOG'F$@?>!' (/3\/K42;E:R>FI<4H[
MO<X[M7K&G%V\,_#9KK_7C6"L!;KY._\ E]W]*YY7^&44GVO'B"=1\PLGV!2?
M[I<<X_&JMWXV?4?&.DZM<VXM].TV6/[/9P=(HE8' Z9)QU^E3-NILMO\BH6A
MN]S:\47O@9/%>K)>:-K$MT+N03/'=*JL^XY('89K@K#']K6NT$+]H3&?3<*[
M/4M7^&^JZI=:A<6WB(3W,K32!)(@H9CDX'I65J-UX*CB@ET.#65NXYXW)NY(
MRFP'+=.<^E%-V5K,)J[O='7>/-3\'0>-]2BU/P[?75XI3S)H[XHK?(N,+VXQ
M2>%+_P ,ZL^H:!H&FW6C:EJ=J\,=W+-YX( R4Y^Z" >16=KOB'X>>(-9N-4O
M+;7UN)R"XC>(+P .!SV%06/BCP?X:G:_\-Z9J<VJB-D@EOYD,<)88+87J<5G
MR/DM9W_#\S2_O7NK&3X0\-6^KZQ>#59'AL-,@>XO/+^\50XVK[DUU-MXFT;Q
MU%_PBU_8PZ3;* NC3J2QMW' 1R>H;@?IZ&N2\)>*#X=U:YN+JW^VVE[$T%Y
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MYXDURT2UU&_26%)5E51!&N&4Y!R ***/8P6R!U9/J7S\5O&A.3JJ$^]K%_\
M$U2U/X@^*M8LGM+O57^SR##I%&D>\>A*@$CVHHI*C!/8/:SMN9&FZU>Z3%/%
M:^08I]OF)- DJG;G'# XQDU;3Q7J<?G!4L-DQ4O']AAV$KG!V[< \GFBBM/9
JQ;!293O=9O+^$PS&%83()?+A@2-=X7;G"@=JH444DDMB6V]PHHHIB/_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  _ #\# 2(  A$! Q$!_\0
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M KN/A%_R4K3?]R7_ - -</7<?"+_ )*5IO\ N2_^@&LJW\.7H:4OC1W.L?\
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#6/_9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
