<SEC-DOCUMENT>0001707910-18-000024.txt : 20180515
<SEC-HEADER>0001707910-18-000024.hdr.sgml : 20180515
<ACCEPTANCE-DATETIME>20180515115318
ACCESSION NUMBER:		0001707910-18-000024
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20180515
ITEM INFORMATION:		Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
FILED AS OF DATE:		20180515
DATE AS OF CHANGE:		20180515

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Reborn Coffee, Inc.
		CENTRAL INDEX KEY:			0001707910
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING PLACES [5812]
		IRS NUMBER:				474752305
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-219139
		FILM NUMBER:		18834454

	BUSINESS ADDRESS:	
		STREET 1:		17809 GILLETTE AVE
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92614
		BUSINESS PHONE:		949-880-2868

	MAIL ADDRESS:	
		STREET 1:		17809 GILLETTE AVE
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92614

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CAPAX INC.
		DATE OF NAME CHANGE:	20170530
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>f8kreborncapaxchangename_v3.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<HEAD>
<TITLE>Form 8-K</TITLE>
<META NAME="keywords" CONTENT="OMB Number: 3235-0060; SEC 873 (01-12); Date: 2018-04-27">
<META NAME="author" CONTENT="U.S. Securities and Exchange Commission">
<META NAME="date" CONTENT="05/14/2018">
</HEAD>
<BODY style="margin-top:0;font-family:'Times New Roman'; font-size:10pt; color:#000000">
<DIV style="width:736px"><P style="margin-top:0.2px; margin-bottom:0px"><BR></P>
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<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=176.333 /></TR>
<TR><TD style="margin-top:0px; padding-left:9.6px; padding-top:0px; padding-right:9.6px; padding-bottom:0px; border:1px solid #000000" valign=top width=176.333><P style="margin:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; padding-left:9.6px; padding-top:0px; padding-right:9.6px; padding-bottom:0px; border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=176.333><P style="margin:0px">&nbsp;</P></TD></TR>
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<P style="margin-top:5.6px; margin-bottom:0px; padding-left:10.4px; padding-right:10.467px; font-size:11pt" align=center>UNITED STATES</P>
<P style="margin-top:0.533px; margin-bottom:0px; padding-left:10.4px; padding-right:10.6px" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin-top:0.533px; margin-bottom:0px; padding-left:10.4px; padding-right:10.267px" align=center><B>Washington, D.C. 20549</B></P>
<P style="margin-top:0.4px; margin-bottom:0px"><BR></P>
<P style="margin-top:0.067px; margin-bottom:0px; padding-left:10.4px; padding-right:2.933px; font-size:14pt" align=center><B>FORM 8-K</B></P>
<P style="margin-top:15.733px; margin-bottom:0px; padding-left:10.4px; padding-right:10.2px; font-size:12pt" align=center><B>CURRENT REPORT</B></P>
<P style="margin-top:0.867px; margin-bottom:0px; padding-left:10.4px; padding-right:10.067px; font-size:12pt" align=center><B>Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934</B></P>
<P style="margin-top:0.267px; margin-bottom:0px"><BR></P>
<P style="margin:0px; padding-left:10.4px; padding-right:12.333px" align=center>Date of Report (Date of earliest event reported) <B>May 11, 2018</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; padding-left:10.4px; padding-right:12.333px; font-size:13.5pt" align=center><B>Reborn Coffee, Inc. </B></P>
<P style="margin:0px; padding-left:10.4px; padding-right:10.067px" align=center>(Exact name of registrant as specified in its charter)</P>
<P style="margin:0px"><BR></P>
<P style=margin-top:0.333px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:336px; font-size:8.5pt; float:left"><B>Florida</B></P>
<P style="margin-top:0px; margin-bottom:-2px; width:240px; font-size:8.5pt; float:left"><B>333-219139</B></P>
<P style="margin:0px; text-indent:-2px; font-size:8.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>47-4752305</B></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:30.067px; width:324px; clear:left; float:left">(State or other jurisdiction</P>
<P style="margin-top:0px; margin-bottom:-2px; width:268.2px; float:left">(Commission</P>
<P style="margin:0px; padding-left:30.067px; text-indent:-2px">(IRS Employer</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:54px; width:330px; clear:left; float:left">of incorporation)</P>
<P style="margin-top:0px; margin-bottom:-2px; width:262.2px; float:left">File Number)</P>
<P style="margin:0px; padding-left:54px; text-indent:-2px">Identification No.)</P>
<P style="margin:0px; clear:left"><BR></P>
<P style=margin-top:0.333px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:336px; font-size:8.5pt; float:left"><B>17809 Gillette Ave</B>. </P>
<P style="margin-top:0px; margin-bottom:-2px; width:288px; font-size:8.5pt; float:left"><B>Irvine, CA</B></P>
<P style="margin:0px; text-indent:-2px; font-size:8.5pt"><B>92614</B></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:252px; width:612px; clear:left; float:left">(Address of principal executive offices)</P>
<P style="margin:0px; padding-left:252px; text-indent:-2px">(Zip Code)</P>
<P style="margin-top:0.867px; margin-bottom:0px; clear:left"><BR></P>
<P style="margin:0px; padding-left:10.4px; padding-right:11.933px" align=center>Registrant&#146;s telephone number, including area code <B>949-880-2868</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>Capax Inc.</B></P>
<P style="margin:0px" align=center><B>7135 Collins Ave No. 624</B></P>
<P style="margin:0px" align=center><B>Miami Beach, FL 33141</B></P>
<P style="margin:0px" align=center><B>(305) 865-8193</B></P>
<P style="margin-top:0.733px; margin-bottom:0px" align=center><BR></P>
<P style="margin:0px; padding-left:10.4px; padding-right:10px" align=center>(Former name or former address, if changed since last report.)</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin-top:6.2px; margin-bottom:0px; padding-left:8px; padding-right:10.4px">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<U>see</U> General Instruction A.2. below):</P>
<P style="margin-top:0.267px; margin-bottom:0px"><BR></P>
<P style="margin:0px; padding-left:8px; padding-right:220.667px">[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </P>
<P style="margin:0px; padding-left:8px; padding-right:220.667px">[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
<P style="margin-top:0.133px; margin-bottom:0px; padding-left:8px">[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
<P style="margin-top:0.133px; margin-bottom:0px"><BR></P>
<P style="margin:0px; padding-left:8px">[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
<P style="margin-top:6.2px; margin-bottom:0px" align=center><BR></P>
<P style="margin-top:6.2px; margin-bottom:0px" align=center><BR></P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; page-break-before:always"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=64.067 /><TD width=496.933 /></TR>
<TR><TD style="margin-top:0px; padding-left:9.6px; padding-top:0px; padding-right:9.6px; padding-bottom:0px" valign=top width=64.067><P style="margin:0px; font-family:'inherit,Times New Roman'"><B>Item&nbsp;5.03</B></P>
</TD><TD style="margin-top:0px; padding-left:9.6px; padding-top:0px; padding-right:9.6px; padding-bottom:0px" valign=top width=496.933><P style="margin:0px; font-family:'inherit,Times New Roman'">&nbsp;<B>Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.</B></P>
</TD></TR>
</TABLE>
<P style="line-height:10pt; margin:0px; text-indent:40.067px; font-family:'inherit,Times New Roman'">&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P style="line-height:10pt; margin:0px; text-indent:40.067px; font-family:'inherit,Times New Roman'">On May 9, 2018, the Board of Directors of the Registrant approved the name change of the Registrant from &#147;Capax Inc.&#148; to &#147;Reborn Coffee, Inc.&#148; and filed an Amendment to its Articles of Incorporation reflecting such name change. &nbsp;In connection with the name change, on May 15, 2018 Reborn Coffee Inc. amended and restated its Bylaws (the &#147;Bylaws&#148;) to reflect the name change.</P>
<P style="line-height:10pt; margin:0px"><BR></P>
<P style="line-height:10pt; margin:0px; text-indent:40.067px; font-family:'inherit,Times New Roman'">This summary is qualified in its entirety by reference to the Articles of Incorporation and the Bylaws, copies of which are attached hereto as Exhibits 3.1 and 3.2, respectively, and are incorporated herein by reference.</P>
<P style="line-height:10pt; margin:0px"><BR></P>
<P style="line-height:10pt; margin:0px; font-family:'inherit,Times New Roman'">Item 9.01 Financial Statements and Exhibits.</P>
<P style="margin-top:6.2px; margin-bottom:0px" align=center><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=90.867 /><TD width=426 /><TD width=102 /></TR>
<TR><TD style="margin-top:0px; padding-left:9.6px; padding-top:0px; padding-right:9.6px; padding-bottom:0px; border:1.333px solid #000000" valign=top width=90.867><P style="margin:0px" align=justify>Exhibit No. </P>
</TD><TD style="margin-top:0px; padding-left:9.6px; padding-top:0px; padding-right:9.6px; padding-bottom:0px; border-top:1.333px solid #000000; border-right:1.333px solid #000000; border-bottom:1.333px solid #000000" valign=top width=426><P style="margin:0px" align=justify>Description </P>
</TD><TD style="margin-top:0px; padding-left:9.6px; padding-top:0px; padding-right:9.6px; padding-bottom:0px; border-top:1.333px solid #000000; border-right:1.333px solid #000000; border-bottom:1.333px solid #000000" valign=top width=102><P style="margin:0px" align=justify>Location</P>
</TD></TR>
<TR><TD style="margin-top:0px; padding-left:9.6px; padding-top:0px; padding-right:9.6px; padding-bottom:0px; border-left:1.333px solid #000000; border-right:1.333px solid #000000; border-bottom:1.333px solid #000000" valign=top width=90.867><P style="margin:0px" align=justify>3.1</P>
</TD><TD style="margin-top:0px; padding-left:9.6px; padding-top:0px; padding-right:9.6px; padding-bottom:0px; border-right:1.333px solid #000000; border-bottom:1.333px solid #000000" valign=top width=426><P style="margin:0px" align=justify>Amended Articles of Incorporation dated as of May 9, 2018</P>
</TD><TD style="margin-top:0px; padding-left:9.6px; padding-top:0px; padding-right:9.6px; padding-bottom:0px; border-right:1.333px solid #000000; border-bottom:1.333px solid #000000" valign=top width=102><P style="margin:0px" align=justify>Filed herewith</P>
</TD></TR>
<TR><TD style="margin-top:0px; padding-left:9.6px; padding-top:0px; padding-right:9.6px; padding-bottom:0px; border-left:1.333px solid #000000; border-right:1.333px solid #000000; border-bottom:1.333px solid #000000" valign=top width=90.867><P style="margin:0px" align=justify>3.2</P>
</TD><TD style="margin-top:0px; padding-left:9.6px; padding-top:0px; padding-right:9.6px; padding-bottom:0px; border-right:1.333px solid #000000; border-bottom:1.333px solid #000000" valign=top width=426><P style="margin:0px" align=justify>Amended and Restated Bylaws of the Registrant dated as of May 15, 2018</P>
</TD><TD style="margin-top:0px; padding-left:9.6px; padding-top:0px; padding-right:9.6px; padding-bottom:0px; border-right:1.333px solid #000000; border-bottom:1.333px solid #000000" valign=top width=102><P style="margin:0px" align=justify>Filed herewith</P>
</TD></TR>
</TABLE>
<P style="margin-top:4.133px; margin-bottom:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; page-break-before:always"><BR></P>
<P style="margin-top:4.133px; margin-bottom:0px; padding-left:327px"><B>SIGNATURES</B></P>
<P style="margin-top:0.4px; margin-bottom:0px"><BR></P>
<P style="margin:0px; padding-left:7.933px; text-indent:30.067px">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0.533px; margin-bottom:0px; text-indent:528px">Reborn Coffee Inc.</P>
<P style="margin:0px; padding-right:132.467px" align=right>(Registrant)</P>
<P style="margin-top:0.467px; margin-bottom:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:7.933px; width:480px; float:left">Date &nbsp;May 15, 2018</P>
<P style="margin:0px; padding-left:7.933px; text-indent:-2px">&nbsp;&nbsp;/s/ I. Andrew Weeraratne</P>
<P style="line-height:10.55pt; margin:0px; padding-right:132.867px; clear:left" align=right>(Signature)<FONT style="font-size:5.5pt"><SUP>*</SUP></FONT></P>
<P style="margin-top:0.533px; margin-bottom:0px; padding-left:468px; text-indent:48px">I Andrew Weeraratne</P>
<P style="margin-top:0.333px; margin-bottom:0px; padding-left:516px">Chief Financial Officer</P>
<P style="margin-top:5.067px; margin-bottom:0px; padding-left:8px">.</P>
<P style="margin-top:5.067px; margin-bottom:0px"><BR>
<BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
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<DOCUMENT>
<TYPE>EX-31
<SEQUENCE>2
<FILENAME>ex31amenddedaocreborncoffee_.htm
<DESCRIPTION>AMENDED AND RESTATED
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
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<HEAD>
<TITLE>AMENDED AND RESTATED</TITLE>
<META NAME="author" CONTENT="sydney">
<META NAME="date" CONTENT="05/15/2018">
</HEAD>
<BODY style="margin-top:0;font-family:'Times New Roman'; font-size:10pt; color:#000000">
<DIV style="width:624px"><P style="margin:0px; font-size:11pt" align=center><B>AMENDED AND RESTATED ARTICLES OF INCORPORATION</B></P>
<P style="margin:0px; font-size:11pt" align=center><B>OF </B></P>
<P style="margin:0px; font-size:11pt" align=center><U>Capax Inc.</U></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-size:11pt" align=center>ARTICLE I</P>
<P style="margin:0px; font-size:11pt" align=center><U>CORPORATE NAME</U></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt" align=justify>The name of this Corporation shall be Reborn Coffee, Inc.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-size:11pt" align=center>ARTICLE II</P>
<P style="margin:0px; font-size:11pt" align=center><U>PRINCIPAL OFFICE AND MAILING ADDRESS</U></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt" align=justify>The principal office and mailing address of the Corporation is 7135 Collins Avenue, No. 624, Miami Beach, Florida 33141.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-size:11pt" align=center>ARTICLE III</P>
<P style="margin:0px; font-size:11pt" align=center><U>NATURE OF BUSINESS AND POWERS</U></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt" align=justify>The general nature of the business to be transacted by this Corporation shall be to engage in any and all lawful business permitted under the laws of the United States and the State of Florida.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-size:11pt" align=center>ARTICLE IV</P>
<P style="margin:0px; font-size:11pt" align=center><U>CAPITAL STOCK</U></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt" align=justify>The maximum number of shares of capital stock that this Corporation shall be authorized to issue and have outstanding at any one time shall be One Billion (1,000,000,000) shares of which (1) 900,000,000 shares have been designated as Class A Common Stock, par value $.0001 per share, (2) 70,000,000 shares have been designated as Class B Common Stock, par value $.0001 per share, and (3) 30,000,000 shares of Preferred Stock, par value of $.0001 per share.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt" align=justify>The Class A Common Stock shall be designated as follows:</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:72px; width:96px; font-size:11pt; float:left"><U>1.</U></P>
<P style="margin:0px; padding-left:96px; text-indent:-2px; font-size:11pt" align=justify><U>Designation and Number of Shares</U>. &nbsp;The Class A Common Stock shall be designated &#147;Class A Common Stock&#148; par value $.0001 per share, and the number of shares constituting the Class A Common Stock shall be 900,000,000 shares. &nbsp;</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:72px; width:96px; font-size:11pt; float:left"><U>2.</U></P>
<P style="margin:0px; padding-left:96px; text-indent:-2px; font-size:11pt" align=justify><U>Voting Rights</U>. &nbsp;The holders of Class A Common Stock shall be entitled to one vote per share.<U> </U></P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:72px; width:96px; font-size:11pt; float:left"><U>3.</U></P>
<P style="margin:0px; padding-left:96px; text-indent:-2px; font-size:11pt" align=justify><U>Dividends</U>. &nbsp;Holders of Class A Common Stock shall be entitled to dividends as shall be declared by the Corporation&#146;s Board of Directors from time to time.</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt">The Class B Common Stock shall be designated as follows: </P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:72px; width:96px; font-size:11pt; float:left"><U>1.</U></P>
<P style="margin:0px; padding-left:96px; text-indent:-2px; font-size:11pt" align=justify><U>Designation and Number of Shares</U>. &nbsp;The Class B Common Stock shall be designated &#147;Class B Common Stock&#148; par value $.0001 each, and the number of shares constituting the Class B Common Stock shall be 70,000,000 shares.</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:72px; width:96px; font-size:11pt; float:left"><U>2.</U></P>
<P style="margin:0px; padding-left:96px; text-indent:-2px; font-size:11pt" align=justify><U>Voting Rights</U>. &nbsp;Each share of Class B Common Stock shall entitle the holder thereof to 10 votes for each one vote per share of Class A Common Stock, and with respect to such vote, shall be entitled, notwithstanding any provision hereof, to notice of any </P>
<P style="margin:0px; clear:left" align=justify><BR>
<BR></P>
<P style="margin:0px; padding-left:96px; font-size:11pt; page-break-before:always" align=justify>stockholders&#146; meeting in accordance with the bylaws of this Corporation, and shall be entitled to vote, together as a single class with holders of Class A Common Stock with respect to any question or matter upon which holders of Class A Common Stock have the right to vote. &nbsp;Class B Common Stock shall also entitle the holders thereof to vote as a separate class as set forth herein and as required by law.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:72px; width:96px; font-size:11pt; float:left"><U>3.</U></P>
<P style="margin:0px; padding-left:96px; text-indent:-2px; font-size:11pt" align=justify><U>Dividends</U>. &nbsp;Holders of Class B Common Stock shall be entitled to dividends as shall be declared by the Corporation&#146;s Board of Directors from time to time at the same rate per share as the Class A Common Stock.</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:72px; width:96px; font-size:11pt; float:left"><U>4.</U></P>
<P style="margin:0px; padding-left:96px; text-indent:-2px; font-size:11pt" align=justify><U>Conversion Rights</U>. &nbsp;The holders of the Class B Common Stock shall have the following rights with respect to the conversion of the Class B Common Stock into shares of Class A Common Stock:</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:80px; width:106px; font-size:11pt; float:left"><U>A.</U></P>
<P style="margin:0px; padding-left:114px; text-indent:-2px; font-size:11pt" align=justify><U>General</U>. Each share of Class B Common Stock is convertible into one (1) share of Class A Common Stock, subject to adjustment as provided hereinafter (the &#147;Conversion Ratio&#148;) at any time by the holder thereof. Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstances. The conversion of Class B Common Shares to Class A Common Shares shall be effected by way of compulsory repurchase by the Company of the relevant Class B Common Shares and issuance of equal number of new Class A Common Shares by the Company. </P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:80px; width:106px; font-size:11pt; float:left"><U>B.</U></P>
<P style="margin:0px; padding-left:114px; text-indent:-2px; font-size:11pt" align=justify><U>Adjustments to Conversion Radio</U>. &nbsp;In the event the Corporation shall (i) make or issue a dividend or other distribution payable in Class A Common Stock; (ii) subdivide outstanding shares of Class A Common Stock into a larger number of shares; or (iii) combine outstanding shares of Class A Common Stock into a smaller number of shares, the Conversion Radio shall be adjusted appropriately by the Corporation&#146;s Board of Directors.</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:80px; width:106px; font-size:11pt; float:left"><U>C.</U></P>
<P style="margin:0px; padding-left:114px; text-indent:-2px; font-size:11pt" align=justify><U>Capital Reorganization or Reclassification</U>. &nbsp;If the Class A Common Stock issuable upon the conversion of the Class B Common Stock shall be changed into the same or different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares or stock dividend), then in each such event, the holder of each share of Class B Common Stock shall have the right thereafter to convert such share into the kind and amount of shares of stock and other securities and property receivable upon such capital reorganization, reclassification or other change by holders of the number of shares of Class A Common Stock into which such shares of Class B Common Stock might have been converted immediately prior to such capital reorganization, reclassification or other change.</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:80px; width:106px; font-size:11pt; float:left"><U>D.</U></P>
<P style="margin:0px; padding-left:114px; text-indent:-2px; font-size:11pt" align=justify><U>Exercise of Conversion</U>. &nbsp;To exercise its conversion privilege, a holder of Class B Common Stock shall surrender the certificate or certificates representing the shares being converted to the Corporation at its principal office, and shall give written notice to the Corporation at that office that such holder elects to convert such shares. &nbsp;The certificate or certificates for shares of Class B Common Stock surrendered for conversion shall be accompanied by proper assignment thereof to the Corporation or in blank. &nbsp;The date when such written notice is received by the Corporation, together with the certificate or certificates representing the shares of Class B Common Stock being converted, shall be the &#147;Conversion Date.&#148; &nbsp;As promptly as practicable after the Conversion Date, the Corporation shall issue and shall deliver to the holder of the </P>
<P style="margin:0px; clear:left" align=justify><BR>
<BR></P>
<P style="margin:0px; font-size:11pt" align=center>2</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:114px; font-size:11pt; page-break-before:always" align=justify>shares of Class B Common Stock being converted or on its written order, such certificate or certificates as it may request for the number of whole shares of Class A Common Stock issuable upon the conversion of such shares of Class B Common Stock in accordance with the provision hereof. &nbsp;Such conversion shall be deemed to have been effected immediately prior to the close of business on the conversion Date, and at such time the rights of the holder as holder of the converted shares of Class B Common Stock shall cease, and the person or persons in whose name or names any certificate or certificates for shares of Class A Common Stock shall be issuable upon such conversion shall be deemed to have become the holder or holders of record of the shares of Class A Common Stock represented thereby. &nbsp;The Corporation shall pay any taxes payable with respect to the issuance of Class A Common Stock upon conversion of the Class B Common Stock, other than any taxes payable with respect to income by the holders thereof.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:80px; width:106px; font-size:11pt; float:left"><U>E.</U></P>
<P style="margin:0px; padding-left:114px; text-indent:-2px; font-size:11pt" align=justify><U>Partial Conversion</U>. &nbsp;In the event some, but not all, of the shares of Class B Common Stock represented by a certificate or certificates surrendered by a holder are converted, the Corporation shall execute and deliver to or on the order of the holder, at the expense of the Corporation, a new certificate representing the number of shares of Class B Common Stock which were not converted.</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:80px; width:106px; font-size:11pt; float:left"><U>F.</U></P>
<P style="margin:0px; padding-left:114px; text-indent:-2px; font-size:11pt" align=justify><U>Consolidation</U>, Merger, Exchange, Etc. &nbsp;In case the Corporation shall enter into any consolidation, merger, combination, statutory share exchange or other transaction in which the Common Shares are exchanged for or changed into other stock or securities, money and/or any other property, then in any such case the Class B Common Stock shall at the same time be similarly exchange or changed into Class A common shares of the surviving entity providing the holders of such common shares with (to the extent possible) the same relative rights and preferences as the Class B Common Stock.</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:72px; width:96px; font-size:11pt; float:left"><U>5.</U></P>
<P style="margin:0px; padding-left:96px; text-indent:-2px; font-size:11pt" align=justify><U>Sale or Transfer of Class B Common Stock</U>. &nbsp;Holders of Class B Common Stock may sell or transfer any or all of their shares of Class B Common Stock to any party, who will be subject to the same rights, conditions and obligations as described herein.<U> </U></P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:72px; width:96px; font-size:11pt; float:left"><U>6.</U></P>
<P style="margin:0px; padding-left:96px; text-indent:-2px; font-size:11pt" align=justify><U>Protective Provisions</U>. So long as any shares of Class B Common Stock are outstanding, this Corporation shall not without first obtaining the written approval of the holders of at least a majority of the voting power of the then outstanding shares of such Class B Common Stock:</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:120px; width:144px; font-size:11pt; float:left">A.</P>
<P style="margin:0px; padding-left:144px; text-indent:-2px; font-size:11pt" align=justify>sell, convey, or otherwise dispose of or encumber all or substantially all of its property or business or merge into or consolidate with any other corporation (other than a wholly-owned subsidiary corporation) &nbsp;or effect any transaction or series of related transactions in which more than fifty percent (50%) of the voting power of the Corporation is transferred or disposed;</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:120px; width:144px; font-size:11pt; float:left">B.</P>
<P style="margin:0px; padding-left:144px; text-indent:-2px; font-size:11pt" align=justify>alter or change the rights, preferences or privileges of the Class B Common Stock;</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:120px; width:144px; font-size:11pt; float:left">C.</P>
<P style="margin:0px; padding-left:144px; text-indent:-2px; font-size:11pt" align=justify>increase or decrease the total number of authorized shares of Class B Common Stock;</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin:0px" align=justify><BR>
<BR></P>
<P style="margin:0px; font-size:11pt" align=center>3</P>
<P style="margin:0px"><BR></P>
<P style=page-break-before:always;margin-top:0;margin-bottom:-4pt;font-size:4pt /><P style="margin-top:0px; margin-bottom:-2px; text-indent:120px; width:144px; font-size:11pt; float:left">D.</P>
<P style="margin:0px; padding-left:144px; text-indent:-2px; font-size:11pt" align=justify>authorize or issue, or obligate itself to issue, any other equity security, including any other security convertible into or exercisable for any equity security having rights, preferences or privileges over, or being on a parity with or similar to, the Class B Common Stock;</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:120px; width:144px; font-size:11pt; float:left">E.</P>
<P style="margin:0px; padding-left:144px; text-indent:-2px; font-size:11pt" align=justify>redeem, purchase or otherwise acquire (or pay into or set aside for a sinking fund for such purpose) any security of this Corporation;</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:120px; width:144px; font-size:11pt; float:left">F.</P>
<P style="margin:0px; padding-left:144px; text-indent:-2px; font-size:11pt" align=justify>amend this Corporation&#146;s Articles of Incorporation or bylaws; or</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:120px; width:144px; font-size:11pt; float:left">G.</P>
<P style="margin:0px; padding-left:144px; text-indent:-2px; font-size:11pt" align=justify>change the authorized number of directors of the Corporation.</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:72px; width:96px; font-size:11pt; float:left"><U>7.</U></P>
<P style="margin:0px; padding-left:96px; text-indent:-2px; font-size:11pt" align=justify><U>Liquidation</U>. &nbsp;Upon liquidation and winding up of the Corporation, the shares of Class B Common Stock shall be entitled to receive on a per share basis the amount payable with respect to the shares of Class A Common Stock as if its shares of Class B Common Stock were converted into Class A Common Stock.</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt" align=justify>The Preferred Stock shall be designated as follows:</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:72px; width:96px; font-size:11pt; float:left"><U>1.</U></P>
<P style="margin:0px; padding-left:96px; text-indent:-2px; font-size:11pt" align=justify><U>Designation and Number of Shares</U>. &nbsp;The Preferred Stock shall be designated as &#147;Preferred Stock&#148; of a par value of $.0001 per share, and the number of shares constituting the Preferred Stock shall be 30,000,000 shares.<U> &nbsp;</U></P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:72px; width:96px; font-size:11pt; float:left"><U>2.</U></P>
<P style="margin:0px; padding-left:96px; text-indent:-2px; font-size:11pt" align=justify><U>Classes and Series</U>. &nbsp;Classes and series of the Preferred Stock may be created and issued from time to time, with such designations, preferences, conversion rights, cumulative, relative, participating, optional or other rights, including voting rights, qualifications, limitations or restrictions thereof as shall be stated and expressed in the resolution or resolutions providing for the creation and issuance of such classes or series of Preferred Stock as adopted by the Board of Directors.</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-size:11pt" align=center>ARTICLE V</P>
<P style="margin:0px; font-size:11pt" align=center><U>TERM OF EXISTENCE</U></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt" align=justify>This Corporation shall have perpetual existence.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-size:11pt" align=center>ARTICLE VI</P>
<P style="margin:0px; font-size:11pt" align=center><U>INITIAL OFFICERS AND DIRECTORS</U></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt" align=justify>The number of directors to constitute the Board of Directors shall be such number as fixed by a resolution adopted by the Board of Directors and initially shall be one in number:</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-size:11pt" align=justify>The name and address of the initial officers and the director is:</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-size:11pt" align=justify>Indrajith Andrew Weeraratne- Director</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-size:11pt" align=justify>7135Collins Ave, No. 624</P>
<P style="margin:0px; font-size:11pt" align=justify>Miami Beach, FL 33141</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><BR>
<BR></P>
<P style="margin:0px; font-size:11pt" align=center>4</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; page-break-before:always" align=justify><BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-size:11pt" align=center>ARTICLE VII</P>
<P style="margin:0px; font-size:11pt" align=center>REGISTERED AGENT AND</P>
<P style="margin:0px; font-size:11pt" align=center><U>REGISTERED OFFICE IN FLORIDA</U></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt" align=justify>The Registered Agent and the street address of the initial Registered Office of this Corporation in the State of Florida shall be:</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-size:11pt" align=justify>Indrajith A. Weeraratne</P>
<P style="margin:0px; font-size:11pt" align=justify>7135 Collins Avenue, No. 624</P>
<P style="margin:0px; font-size:11pt" align=justify>Miami Beach, Florida 33141</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-size:11pt" align=center>ARTICLE VIII</P>
<P style="margin:0px; font-size:11pt" align=center><U>INCORPORATOR</U></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt" align=justify>The name and the address of the Incorporator is:</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:11pt">Indrajith A. Weeraratne</P>
<P style="margin:0px; font-size:11pt">7135 Collins Avenue, No. 624</P>
<P style="margin:0px; font-size:11pt">Miami Beach, Florida 33141</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-size:11pt" align=center>ARTICLE IX</P>
<P style="margin:0px; font-size:11pt" align=center><U>INDEMNIFICATION</U></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt" align=justify>To the fullest extent permitted by the Florida Business Corporation Act, the Corporation shall indemnify, or advance expenses to, any person made, or threatened to be made, a party to any action, suit or proceeding by reason of the fact that such person (i) is or was a director of the Corporation; (ii) is or was serving at the request of the Corporation as a director of another corporation, provided that such person is or was at the time a director of the Corporation; or (iv)is or was serving at the request of the Corporation as an officer of another Corporation, provided that such person is or was at the time a director of the corporation or a director of such other corporation, serving at the request of the Corporation. &nbsp;Unless otherwise expressly prohibited by the Florida Business Corporation Act, and except as otherwise provided in the previous sentence, the Board of Directors of the Corporation shall have the sole and exclusive discretion, on such terms and conditions as it shall determine, to indemnify, or advance expenses to, any person made, or threatened to be made, a party to any action, suit, or proceeding by reason of the fact such person is or was an officer, employee or agent of the Corporation as an officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise. &nbsp;No person falling within the purview of this paragraph may apply for indemnification or advancement of expenses to any court of competent jurisdiction.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; text-indent:48px; font-size:11pt" align=justify>IN WITNESS WHEREOF, the Corporation has caused this Amended and Restated Articles of Incorporation to be duly adopted by its Board of Directors on May 9, 2018 and approved by its shareholders in accordance with the provisions of Section 607.0602 of the Florida Business Corporation Act, and to be executed in its corporate name this 9th day of May 2018.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:336px; font-size:11pt">Reborn Coffee, Inc.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:336px; width:624px; font-size:11pt; float:left"><I><U>By: /S/ I. Andrew Weeraratne</U></I></P>
<P style="margin:0px; text-indent:-2px; font-size:11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indrajith A. Weeraratne</P>
<P style="margin-top:0px; margin-bottom:-2px; width:336px; font-size:11pt; clear:left; float:left">&nbsp;</P>
<P style="margin:0px; text-indent:-2px; font-size:11pt">Chief Financial Officer</P>
<P style="margin:0px; clear:left"><BR>
<BR></P>
<P style="margin:0px; font-size:11pt" align=center>5</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:7.333px; page-break-before:always" align=center><BR></P>
<P style="margin-top:0px; margin-bottom:7.333px; font-size:11pt" align=center><B>CERTIFICATE DESIGNATING REGISTERED AGENT</B></P>
<P style="margin-top:0px; margin-bottom:7.333px; font-size:11pt" align=center><B>AND OFFICE FOR SERVICE FOR PROCESS</B></P>
<P style="margin-top:0px; margin-bottom:7.333px" align=center><BR></P>
<P style="margin-top:0px; margin-bottom:7.333px; font-size:11pt" align=justify>Reborn Coffee, Inc., a corporation existing under the laws of the State of Florida with its principal office and mailing address at 7135 Collins Avenue, No. 624, Miami Beach, Florida 33141 has named Indrajith A. Weeraratne, whose address is 7135 Collins Avenue, No. 624, Miami Beach, Florida 33141 as its agent to accept service of process within the State of Florida.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:7.333px; font-size:11pt" align=center><U>ACCEPTANCE</U>:</P>
<P style="margin-top:0px; margin-bottom:7.333px; text-indent:48px; font-size:11pt">Having been named to accept service of process for the above-named Corporation, at the place designated in this Certificate, I hereby accept the appointment as Registered Agent, and agree to comply with all applicable provisions of law. &nbsp;In addition, I hereby state that I am familiar with and accept the duties and responsibilities as Registered Agent for said Corporation.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:336px; width:624px; font-size:11pt; float:left"><I><U>/S/ I. Andrew Weeraratne</U></I></P>
<P style="margin:0px; text-indent:-2px; font-size:11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indrajith A. Weeraratne</P>
<P style="margin:0px; padding-left:192px; font-size:11pt; clear:left" align=center>7135 Collins Avenue, No. 624</P>
<P style="margin:0px; padding-left:288px; text-indent:48px; font-size:11pt">Miami Beach, Florida 33141</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><BR>
<BR></P>
<P style="margin:0px; font-size:11pt" align=center>6</P>
<P style="margin:0px"><BR></P>
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<TYPE>EX-32
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<FILENAME>ex32amdnedbylawsreborncoffee.htm
<DESCRIPTION>BYLAWS CORPORATION FILLING
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>BYLAWS corporation filling</TITLE>
<META NAME="keywords" CONTENT="BYLAWS corporation filling">
<META NAME="author" CONTENT="Northwest Registered Agent http://www.northwestregisteredagent.com">
<META NAME="date" CONTENT="05/14/2018">
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<BODY style="margin-top:0;font-family:'Times New Roman'; font-size:10pt; color:#000000">
<DIV style="width:576px"><P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>AMENDED AND RESTATEDBYLAWS</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>of</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>REBORN COFFEE, INC.</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>ARTICLE I</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>Offices</B></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>1.1</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Registered Office and Registered Agent</U></B>: The registered office of the corporation shall be the same as listed on the articles of incorporation and at such place as may be fixed from time to time by the Board of Directors upon filing of such notices as may be required by law, and the registered agent shall have a business office identical with such registered office.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>1.2</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Other Offices</U></B>: The Corporation may have other offices within or outside the State of incorporation at such place or places as the Board of Directors may from time to time determine.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>ARTICLE 2</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>Shareholder's Meetings</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>2.1</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Meeting Place</U></B>: All meetings of the shareholders shall be held the registered office of the corporation, or at such place as shall be determined from time to time by the Board of Directors, and the place at which any such meeting shall be held shall be stated in the notice of the meeting.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>2.2</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Annual Meeting Time</U></B>: The annual meeting of the shareholders for the election of directors and for the transaction of such other business as may properly come before the meeting shall be held each year on the first Saturday of March at the hour of 10 AM (EST).</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>2.3</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Annual Meeting - Order of Business</U></B>: At the annual meeting of shareholders, the order of business shall be as follows:</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:82.533px; font-family:'Arial'; font-size:12pt; float:left">(a) </P>
<P style="margin:0px; padding-left:82.533px; text-indent:-2px; font-family:'Arial'; font-size:12pt">Calling of the meeting to order. </P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:82.533px; font-family:'Arial'; font-size:12pt; clear:left; float:left">(b) </P>
<P style="margin:0px; padding-left:82.533px; text-indent:-2px; font-family:'Arial'; font-size:12pt">Proof of notice of meeting (or filing of waiver). </P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:82.533px; font-family:'Arial'; font-size:12pt; clear:left; float:left">(c) </P>
<P style="margin:0px; padding-left:82.533px; text-indent:-2px; font-family:'Arial'; font-size:12pt">Reading of minutes of last annual meeting. </P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:82.533px; font-family:'Arial'; font-size:12pt; clear:left; float:left">(d) </P>
<P style="margin:0px; padding-left:82.533px; text-indent:-2px; font-family:'Arial'; font-size:12pt">Report of officers. </P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:82.533px; font-family:'Arial'; font-size:12pt; clear:left; float:left">(e) </P>
<P style="margin:0px; padding-left:82.533px; text-indent:-2px; font-family:'Arial'; font-size:12pt">Reports of committees. </P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:82.533px; font-family:'Arial'; font-size:12pt; clear:left; float:left">(f) </P>
<P style="margin:0px; padding-left:82.533px; text-indent:-2px; font-family:'Arial'; font-size:12pt">Election of directors. </P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:82.533px; font-family:'Arial'; font-size:12pt; clear:left; float:left">(g) </P>
<P style="margin:0px; padding-left:82.533px; text-indent:-2px; font-family:'Arial'; font-size:12pt">Miscellaneous business.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>2.4</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Special Meetings</U></B>: Special meetings of the shareholders for any purpose may be called at any time by the President, Board of Directors, or the </P>
<P style="margin:0px; clear:left"><BR>
<BR></P>
<P style="margin:0px; font-family:'Arial'" align=center>1</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:41.267px; font-family:'Arial'; font-size:12pt; page-break-before:always">holders of not less than one-twenty of all shares entitled to vote at the meeting.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:48px; font-family:'Arial'; font-size:12pt; float:left"><B>2.5</B></P>
<P style="margin:0px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Notice</U></B>:</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:82.533px; font-family:'Arial'; font-size:12pt; clear:left; float:left">(a) </P>
<P style="margin:0px; padding-left:82.533px; text-indent:-2px; font-family:'Arial'; font-size:12pt">Notice of the time and place of an annual meeting of shareholders shall be given by delivering personally or by mailing a written or printed notice of the same, at least ten days, and not more than fifty days, prior to the meeting, to each shareholder of record entitled to vote at such meeting.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:47.667px; width:84px; font-family:'Arial'; font-size:12pt; float:left">(b) </P>
<P style="margin:0px; padding-left:84px; text-indent:-2px; font-family:'Arial'; font-size:12pt">At least ten days and not more than fifty days prior to the meeting, written or printed notice of each special meeting, and the purpose or purposes for which the meeting is called, shall be delivered personally, or mailed to each shareholder of record entitled to vote at such meeting.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>2.6</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Voting Record</U></B>: At least ten days before each meeting of shareholders, a complete record of the shareholders entitled to vote at such meeting, or any adjournment thereof, shall be made, arranged in alphabetical order, with the address of and number of shares held by each, which record shall be kept on file at the registered office of the corporation for a period of ten days prior to the meeting. The records shall be kept open at the time and place of such meeting for the inspection of any shareholder.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>2.7</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Quorum</U>: Except as otherwise required by law:</B></P>
<P style="margin:0px; clear:left"><BR></P>
<P style="line-height:0.1pt; margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:84px; font-family:'Arial'; font-size:12pt; float:left">(a) </P>
<P style="margin:0px; padding-left:84px; text-indent:-2px; font-family:'Arial'; font-size:12pt">A quorum at any annual or special meeting of shareholders shall consist of shareholders representing, either in person or by proxy, a majority of the outstanding capital stock of the corporation, entitled to vote at such meeting.</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:84px; font-family:'Arial'; font-size:12pt; clear:left; float:left">(b) </P>
<P style="margin:0px; padding-left:84px; text-indent:-2px; font-family:'Arial'; font-size:12pt">The voters of a majority in interest of those present at any properly called meeting or adjourned meeting of shareholders at which a quorum as in this paragraph defined is present, shall be sufficient to transact business.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>2.8</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Closing of Transfer Books and Fixing Record Date</U></B>: For the purpose of determining shareholders entitled to notice of or to vote at any meeting of shareholders, or any adjournment thereof, or entitled to receive payment of any dividend, the Board of Directors may provide that the stock transfer books shall be closed for a stated period not to exceed fifty days nor be less than ten days preceding such meeting. In lieu of closing the stock transfer books, the Board of Directors may fix in advance a record date for any such determination of shareholders, such date to be not more than fifty days, and, in case of a meeting of shareholders, not less than ten days prior to the date on which the particular action requiring such determination of shareholders is to be taken.</P>
<P style="margin:0px; clear:left"><BR>
<BR></P>
<P style="margin:0px; font-family:'Arial'" align=center>2</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; page-break-before:always"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>2.9</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Proxies</U></B>: A shareholder may vote either in person or by proxy executed in writing by the shareholder, or his duly authorized attorney-in-fact. No proxy shall be valid after eleven months from the date of its execution, unless otherwise provided in the proxy.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>2.10</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Action by Shareholders Without a Meeting</U></B>: Any action required or which may be taken at a meeting of shareholders of the corporation, may be taken at a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof. Such consent shall have the same force and effect as a unanimous vote of the shareholders.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>2.11</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Waiver of Notice</U></B>: A waiver of notice required to be given any shareholder, signed by the person or persons entitled to such notice, whether before or after the time stated therein for the meeting, shall be equivalent to the giving of such notice.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>ARTICLE 3</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>Stock</B></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>3.1</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Certificates</U></B>: Certificates of stock shall be issued in numerical order, and each shareholder shall be entitled to a certificate signed by the President, or a Vice President, and the Secretary or Assistant Secretary, and may be sealed with the seal of the corporation or a facsimile thereof The signatures of such officers may be facsimiles if the certificate is manually signed on behalf of the transfer agent, or registered by a registrar, other than the corporation itself or an employee of the corporation. If an officer who has signed or whose facsimile signature has been placed upon such certificate ceases to be an officer before the certificate is used, it may be issued by the corporation with the same effect as if the person were an officer on the date of issue.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>3.2</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Transfer</U></B>: Transfers of stock shall be made only upon the stock transfer books of the corporation, kept at the registered office of the corporation or at its principal place of business, or at the office of its transfer agent or registrar; and before a new certificate is issued, the old certificate shall be surrendered for cancellation. The Board of Directors may, by resolution, open a share register in any state of the United States, and may employ an agent or agents to keep such register, and to record transfers or shares therein.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>3.3</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Registered Owner</U></B>: &nbsp;Registered shareholders shall be treated by the corporation as the holders in fact of the stock standing in their respective names and the corporation shall not be bound to recognize any equitable or other claim to or interest in any share on the part of any other person, </P>
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<BR></P>
<P style="margin:0px; font-family:'Arial'" align=center>3</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:41.267px; font-family:'Arial'; font-size:12pt; page-break-before:always">whether or not it shall have express or other notice thereof, except as expressly provided below or by the laws of the State of incorporation. The Board of Directors may adopt by resolution a procedure whereby a shareholder of the corporation may certify in writing to the corporation that all or a portion of the shares registered in the name of such shareholder are held for the account of a specified person or persons. The resolution shall set forth:</P>
<P style="margin:0px; text-indent:48px; font-family:'Arial'; font-size:12pt">(a) The classification of shareholder who may certify;</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:82.533px; font-family:'Arial'; font-size:12pt; float:left">(b) </P>
<P style="margin:0px; padding-left:82.533px; text-indent:-2px; font-family:'Arial'; font-size:12pt">The purpose or purposes for which the certification may be made;</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:84px; font-family:'Arial'; font-size:12pt; clear:left; float:left">(c) </P>
<P style="margin:0px; padding-left:84px; text-indent:-2px; font-family:'Arial'; font-size:12pt">The form of certification and information to be contained therein;</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:84px; font-family:'Arial'; font-size:12pt; clear:left; float:left">(d) </P>
<P style="margin:0px; padding-left:84px; text-indent:-2px; font-family:'Arial'; font-size:12pt">If the certification is with respect to a record date or closing of the stock transfer books, the date within which the certification must be received by the corporation; and</P>
<P style="line-height:0.1pt; margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:84px; font-family:'Arial'; font-size:12pt; float:left">(e) </P>
<P style="margin:0px; padding-left:84px; text-indent:-2px; font-family:'Arial'; font-size:12pt">Such other provisions with respect to the procedure as are deemed necessary or desirable.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin:0px; padding-left:41.267px; font-family:'Arial'; font-size:12pt">Upon receipt by the corporation of a certification complying with the procedure, the persons specified in the certification shall be deemed, for the purpose or purposes set forth in the certification, to be the holders of record of the number of shares specified in place of the shareholder making the certification.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>3.4</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Mutilated, Lost, or Destroyed Certificates</U></B>: In case of any mutilation, loss or destruction of any certificate of stock, another may be issued in its place on proof of such mutilation, loss or destruction. The Board of Directors may impose conditions on such issuance and may require the giving of a satisfactory bond or indemnity to the corporation in such sum as they might determine or establish such other procedures as they deem necessary.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:48px; font-family:'Arial'; font-size:12pt; float:left"><B>3.5</B></P>
<P style="margin:0px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Fractional Shares or Scrip</U></B>: The Corporation may:</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:84px; font-family:'Arial'; font-size:12pt; float:left">(a) </P>
<P style="margin:0px; padding-left:84px; text-indent:-2px; font-family:'Arial'; font-size:12pt">Issue fractions of a share which shall entitle the holder to exercise voting rights, to receive dividends thereon, and to participate in any of the assets of the corporation in the event of liquidation; </P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:84px; font-family:'Arial'; font-size:12pt; clear:left; float:left">(b) </P>
<P style="margin:0px; padding-left:84px; text-indent:-2px; font-family:'Arial'; font-size:12pt">Arrange for the disposition of fractional interests by those entitled thereto;</P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:84px; font-family:'Arial'; font-size:12pt; clear:left; float:left">(c) </P>
<P style="margin:0px; padding-left:84px; text-indent:-2px; font-family:'Arial'; font-size:12pt">Pay in cash the fair market value of fractions of a share as of the time when those entitled to receive such shares are determined; or </P>
<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:84px; font-family:'Arial'; font-size:12pt; clear:left; float:left">(d) </P>
<P style="margin:0px; padding-left:84px; text-indent:-2px; font-family:'Arial'; font-size:12pt">Issue script in registered or bearer form which shall entitle the holder to receive a certificate for the full share upon surrender of such script aggregating a full share.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>3.6</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Shares of Another Corporation</U></B>: Shares owned by the corporation in another corporation, domestic or foreign, may be voted by such officer, agent or proxy as the Board of Directors may determine or, in the absence of such determination, by the President of the Corporation.</P>
<P style="margin:0px; clear:left"><BR>
<BR></P>
<P style="margin:0px; font-family:'Arial'" align=center>4</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; page-break-before:always" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>ARTICLE 4</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>Board of Directors</B></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.1</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Numbers and Powers</U></B>: The management of all the affairs, property and interest of the corporation shall be vested in the Board of Directors, consisting up to seven persons who shall be elected for a term of one year, and shall hold office until their successors are elected and qualified. Directors need not be shareholders or residents of the State of incorporation. In addition to the powers and authorities granted by these Bylaws, and the Articles of Incorporation expressly conferred upon it, the Board of Directors may exercise all such powers of the corporation and do all such lawful acts and things as are not by statute or by the Articles of Incorporation or by these Bylaws directed or required to be exercised or done by the shareholders.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.2</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Change of Number</U></B>: The number of directors may at any time be increased or decreased by amendment of these Bylaws, but no decrease shall have the effect of shortening the term of any incumbent director.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.3</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Vacancies</U></B>: All vacancies in the Board of Directors, whether caused by resignation, death or, otherwise, may be filled by the affirmative vote of a majority of the remaining directors though less than a quorum of the Board of Directors. A director elected to fill any vacancy shall hold office for the unexpired term of his predecessor and until his successor is elected and qualified. Any directorship to be filled by reason of an increase in the number of directors may be filled by the Board of Directors for a term of office continuing only until the next election of directors by the shareholders.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.4</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Removal of Directors</U></B>: At a meeting of shareholders called expressly for that purpose, the entire Board of Directors, or any member thereof, may be removed by a vote of the holders of a majority of shares then entitled to vote at an election of such shareholders.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.5</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Regular Meetings</U></B>: Regular meetings of the Board of Directors or any committee may be held without notice at the registered office of the corporation or at such place or places, either within or without the State of Washington, as the Board of Directors or such committee, as the case may be, may from time to time designate. The annual meeting of the Board of Directors shall be held without notice immediately after the adjournment of the annual meeting of shareholders.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.6</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Special Meetings</U></B>: Special meetings of the Board of Directors may be held at any place and at any time and may be called by the Chairman of the </P>
<P style="margin:0px; clear:left"><BR>
<BR></P>
<P style="margin:0px; font-family:'Arial'" align=center>5</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:41.267px; font-family:'Arial'; font-size:12pt; page-break-before:always">Board, the President, Vice President, Secretary or Treasurer, or any two or more directors.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.7</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Notice of Meetings</U></B>: Unless the Articles of Incorporation provide otherwise, any regular meeting of the Board of Directors may be held without notice of the date, time, place, or purpose of the meeting. Any special meeting of the Board of Directors may preceded by at least two days' notice of the date, time, and place of the meeting, but not of its purpose, unless the Articles of Incorporation of these Bylaws require otherwise. Notice may be given personally, by facsimile, by mail, or in any other manner allowed by law. Oral notification shall be sufficient only if a written record of such notice is included in the Corporation's minute book. Notice shall be deemed effective at the earliest of. (a) receipt; (b) delivery to the proper address or telephone number of the directors as shown in the Corporation's records; or (c) five days after its deposit in the United States mail, as evidenced by the postmark, if correctly addressed and mailed with first-class postage prepaid. Notice of any meeting of the Board of Directors may be waived by any director at any time, by a signed writing, delivered to the Corporation for inclusion in the minutes, either before or after the meeting. Attendance or participation by a director at a meeting unless the director promptly objects to holding the meeting or to the transaction of any business on the grounds that the meeting was not lawfully convened and the director does not thereafter vote for or assent to action taken at the meeting.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.8</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Quorum</U></B>: &nbsp;A majority of the whole Board of Directors shall be necessary at all meetings to constitute a quorum for the transaction of business.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.9</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Waiver of Notice</U></B>: Attendance of a director at a meeting shall constitute a waiver of notice of such meeting, except where a director attends for the express purpose of objecting to the transaction of any business because the meeting was not lawfully called or convened. A waiver of notice signed by the director or directors, whether before or after the time stated for the meeting, shall be equivalent to the giving of notice.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.10</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Registering Dissent</U></B>: A director who is present at a meeting of the Board of Directors at which action on a corporate matter is taken shall be presumed to have assented to such action unless his dissent shall be entered in the minutes of the meeting, or unless he shall file his written dissent to such action with the person acting as the secretary of the meeting, before the adjournment thereof, or shall forward such dissent by registered mail to the Secretary of the corporation immediately after the adjournment of the meeting. Such right to dissent shall not apply to a director who voted in favor of such action.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.11</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Executive and Other Committees</U></B>: Standing or special committees may be appointed from its own number by the Board of Directors from time to </P>
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<BR></P>
<P style="margin:0px; font-family:'Arial'" align=center>6</P>
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<P style="margin:0px; padding-left:41.267px; font-family:'Arial'; font-size:12pt; page-break-before:always">time and the Board of Directors may from time to time invest such committees with such powers as it may see fit, subject to such conditions as may be prescribed by such Board. An Executive Committee may be appointed by resolution passed by a majority of the full Board of Directors. It shall have and exercise all of the authority of the Board of Directors, except in reference to amending the Articles of Incorporation, adopting a plan of merger or consolidation, recommending sale, lease or exchange or other disposition of all or substantially all the property and assets of the corporation otherwise than in the equal and regular course of business, recommending a voluntary dissolution or a revocation thereof, or amending the Bylaws. All committees so appointed shall keep regular minutes of the transactions of their meetings and shall cause them to be recorded in books kept for that purpose in the office of the corporation. The designation of any such committee and the delegation of authority thereto, shall not relieve the Board of Directors, or any member thereof, of any responsibility imposed by law.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.12</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Remuneration</U></B>: No stated salary shall be paid directors, as such, for their service, but by resolution of the Board of Directors. A fixed sum and expenses of attendance, if any, may be allowed for attendance at each regular or special meeting of such Board; provided, that nothing herein contained shall be construed to preclude any director from serving the corporation in any other capacity and receiving compensation therefore. Member of standing or special committees may be allowed like compensation for attending committee meetings.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.13</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Loans</U></B>: No loans shall be made by the corporation to the directors, unless first approved by the holders of two-thirds of the voting shares. No loans shall be made by the corporation secured by its&#146; own shares.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.14</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Action by Directors Without a Meeting</U></B>: Any action required or which may be taken without a meeting of the directors, or of a committee thereof, may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the directors, or all of the members of the committee, as the case may be. Such consent shall have the same effect as a unanimous vote.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>4.15</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Action of Directors by Communications Equipment</U></B>: Any action required or which may be taken at a meeting of directors, or of a committee thereof, may be taken by means of a conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other at the same time.</P>
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<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>ARTICLE 5</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>Officers</B></P>
<P style="margin:0px" align=center><BR>
<BR></P>
<P style="margin:0px; font-family:'Arial'" align=center>7</P>
<P style="margin:0px"><BR></P>
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<P style=page-break-before:always;margin-top:0;margin-bottom:-4pt;font-size:4pt /><P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>5.1</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Designations</U></B>: The officers of the corporation shall be a Chief Executive Officer, a President, one or more Vice-Presidents (one of more of whom may be Executive Vice-President), a Secretary and a Treasurer, and such Assistant Secretaries and Assistant Treasurers as the Board may designate, who shall be elected for one year by the directors at their first meeting after the annual meeting of shareholders, and who shall hold office until their successors are elected and qualified. Any two or more offices may be held by the same person, except the offices of President and Secretary.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>5.2</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>The Chief Executive Officer (CEO)</U></B>: The CEO shall be in charge of day to day operation of the business and will make decisions to manage the business as approved by the Board of Directors.</P>
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<P style="margin:0px; padding-left:41.267px; text-indent:-41.267px; font-family:'Arial'; font-size:12pt"><B>5.2a. <U>The President</U></B>: The president shall preside at all meetings of shareholders and directors, shall have general supervision of the affairs of the corporation, and shall perform all other duties as are incident to his office or are properly required of him by the Board of Directors.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>5.3</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Vice President</U></B>: During absence or disability of the President, the Executive Vice-Presidents in the order designated by the Board of Directors, shall exercise all functions of the President. Each Vice-President shall have such powers and discharge such duties as may be assigned to him from time to time by the Board of Directors.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>5.4</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Secretary and Assistant Secretaries</U></B>: The Secretary shall issue notices for all meetings, except for notices for special meetings of shareholders and special meetings of the directors which are called by the requisite number of shareholders or directors, shall keep the minutes of all meetings, shall have charge of the seal and the corporate books, shall make such reports and perform other duties as are incident to his office, or are properly required of him by the Board of Directors. The Assistant Secretary, or Assistant Secretaries in the order designated by the Board of Directors, shall perform all of the duties of the Secretary during the absence or disability of the Secretary, and at other times may perform such duties as are directed by the President or the Board of Directors.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>5.5</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>The Treasurer</U></B>: The Treasurer shall have the custody of all moneys and securities of the corporation and shall keep regular books on account. He shall disburse funds of the corporation in payment of the just demands against the corporation or as may be ordered by the Board of Directors, taking proper vouchers for such disbursements, and shall render to the Board of Directors from time to time as may be required of him, an account of all his transactions as Treasurer and of the financial conditions to his office or that are properly required of him by the Board of Directors. The Assistant Treasurer, or Assistant Treasurers in the order designated by the </P>
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<P style="margin:0px; font-family:'Arial'" align=center>8</P>
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<P style="margin:0px; padding-left:41.267px; font-family:'Arial'; font-size:12pt; page-break-before:always">Board of Directors, shall perform all of the duties of the Treasurer in the absence or disability of the Treasurer, and at other times may perform such other duties as are directed by the President or the Board of Directors.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>5.6</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Delegation</U></B>: In the case of absence or inability to act of any officer of the corporation and of any person herein authorized to act in his place, the Board of Directors may from time to time delegate the powers or duties of such officer to any other officer or any director or other person whom it may select.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>5.7</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Vacancies</U></B>: Vacancies in any office arising from any cause may be filled by the Board of Directors at any regular or special meeting of the Board.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>5.8</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Other Officers</U></B>: Directors may appoint such other officers and agents as they shall deem necessary or expedient with who shall hold their offices for such terms and shall exercise such powers and perform such duties as shall be determined from time to time by the Board of Directors.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>5.9</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Loans</U></B>: No loans shall be made by the corporation to any officer, unless first approved by the holders of two-thirds of the voting shares.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>5.10</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Term - Removal</U></B>: The officers of the corporation shall hold office until their successors are chosen and qualify. Any officer or agent elected or appointed by the Board of Directors may be removed at any time, without cause, by the affirmative vote of a majority of the whole Board of Directors, but such removal shall be without prejudice to the contract rights, if any, of the person so removed.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>5.11</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Bonds</U></B>: The Board of Directors may, by resolution, require any and all of the officers to give bonds to the corporation, with sufficient surety or sureties, conditioned for the faithful performance of the duties of their respective offices, and to comply with such other conditions as may from time to time be required by the Board of Directors.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>5.12</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Salaries</U></B>: The salaries of the officers shall be fixed from time to time by the Board of Directors, and no officer shall be prevented from receiving such salary by reason of the fact that he is also a director of the corporation.</P>
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<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>ARTICLE 6</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>Dividends and Finance</B></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>6.1</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Dividends</U></B>: Dividends may be declared by the Board of Directors and paid by the corporation out of the unreserved and unrestricted earned surplus of the corporation, or out of the unreserved and unrestricted net earnings of the current fiscal year, or in treasury shares of the corporation, subject to the conditions and limitations imposed by the State of incorporation. The </P>
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<P style="margin:0px; font-family:'Arial'" align=center>9</P>
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<P style="margin:0px; padding-left:41.267px; font-family:'Arial'; font-size:12pt; page-break-before:always">stock transfer books may be closed for the payment of dividends during such periods of not exceeding fifty days, as from time to time may be fixed by the Board of Directors. The Board of Directors, however, without closing the books of the corporation, may declare dividends payable only to holders of record at the close of business, on any business day not more than fifty days prior to the date on which the dividend is paid.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>6.2</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Reserves</U></B>: Before making any distribution of earned surplus, there may be set aside out of the earned surplus of the corporation such sum or sums as the directors from time to time in their absolute discretion deem expedient dividends, or for maintaining any property of the corporation, or for any other purpose, and earned surplus of any year not set apart until otherwise disposed of by the Board of Directors.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>6.3</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Depositories</U></B>: The moneys of the corporation shall be deposited in the name of the corporation in such bank or trust company or trust companies as the Board of Directors shall designate, and shall be drawn out only by check or other order for payment of money signed by such persons and in such manner as may be determined by resolution of the Board of Directors.</P>
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<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>ARTICLE 7</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>Notices</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt">Except as may otherwise be required by law, any notice to any shareholder or director may be delivered personally or by mail. If mailed, the notice shall be deemed to have been delivered when deposited in the United States mail, addressed to the addressee at his last known address in the records of the corporation, with postage thereon prepaid.</P>
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<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>ARTICLE 8</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>Seal</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt">The corporate seal of the corporation shall be in such form and bear such inscription as may be adopted by resolution of the Board of Directors, or by usage of the officers on behalf of the corporation. The procurement of a corporate seal shall be discretionary only, and is not required.</P>
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<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>ARTICLE 9</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>Books and Records</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt">The corporation shall keep correct and complete books and record of accounts and shall keep minutes of the proceedings of its shareholders and Board of Directors, and shall keep at its registered office or principal place of business, or at the office of its transfer agent or registrar, a record of its shareholders, giving the names and addresses of all shareholders and the number and class of the </P>
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<P style="margin:0px; font-family:'Arial'" align=center>10</P>
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<P style="margin:0px; font-family:'Arial'; font-size:12pt; page-break-before:always">shares held by each. Any books, records, and minutes may be in written form or any other form capable of being converted into written form within a reasonable time.</P>
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<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>ARTICLE 10</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>Special Corporate Acts</B></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>10.1</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Execution of Written Instruments</U></B>: &nbsp;Contracts, deeds, documents, and instruments shall be executed by the President alone unless the Board of Directors shall, in a particular situation, designate another procedure for their execution.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>10.2</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Signing of Checks or Notes</U></B>: Checks, notes, drafts, and demands for money shall be signed by the officer or officers from time to time designated by the Board of Directors.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>10.3</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Indemnification of Directors and Officers</U></B>: The corporation shall indemnify any and all directors or officers or former directors or former officers or any person who may have served at its request as a director or officer of the corporation or of any other corporation in which it is a creditor, against expenses actually or necessarily incurred by them in connection with the defense or settlement of any action, suit, or proceeding brought or threatened in which they, or any of them, are or might be made parties, or a party, by reason of being or having been directors or officers or a director or an officer of the corporation, or of such other corporation. This indemnification shall not apply, however, to matter as to which such director or officer or former director or officer or person shall be adjudged in such action, suit, or proceeding to be liable for negligence or misconduct in the performance of duty. &nbsp;Such indemnification shall not be deemed exclusive of other rights to which those indemnified may be entitled, under any law, bylaw, agreement, vote of shareholders, or otherwise.</P>
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<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>ARTICLE 11</B></P>
<P style="margin:0px; font-family:'Arial'; font-size:12pt" align=center><B>Amendments</B></P>
<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>11.1</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>By Shareholders</U></B>: These Bylaws may be altered, amended or repealed by the affirmative vote of a majority of the voting stock issued and outstanding at any regular or special meeting of the shareholders.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>11.2</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>By Directors</U></B>: The Board of Directors shall have the power to make, alter, amend and repeal the Bylaws of this corporation. However any such alteration, amendment, or repeal of the Bylaws, may be changed or repealed by the holders of a majority of the stock entitled to vote at any shareholders meeting.</P>
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<P style="margin:0px; font-family:'Arial'" align=center>11</P>
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<P style=page-break-before:always;margin-top:0;margin-bottom:-4pt;font-size:4pt /><P style="margin-top:0px; margin-bottom:-2px; width:41.267px; font-family:'Arial'; font-size:12pt; float:left"><B>11.3</B></P>
<P style="margin:0px; padding-left:41.267px; text-indent:-2px; font-family:'Arial'; font-size:12pt"><B><U>Emergency Bylaws</U></B>: The Board of Directors may adopt emergency Bylaws, Bylaws: subject to repeal or change by action of the shareholders, which shall be operative during any emergency in the conduct of business of the corporation resulting from an attack on the United States or any nuclear or atomic disaster.</P>
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<P style="margin:0px; font-family:'Arial'; font-size:12pt">Adopted by resolution of the Corporation's Board of Directors on This 14th day of May 2018.</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:240px; font-family:'Arial'; font-size:15pt; float:left"><U>/s/ Jay Kim</U></P>
<P style="margin:0px; text-indent:-2px; font-family:'Arial'; font-size:15pt"><U>/s/ Farooq M. Arjomand</U></P>
<P style="margin-top:0px; margin-bottom:-2px; width:288px; font-family:'Arial'; font-size:15pt; clear:left; float:left">Jay Kim</P>
<P style="margin:0px; text-indent:-2px; font-family:'Arial'; font-size:15pt">Farooq M. Arjomand</P>
<P style="margin-top:0px; margin-bottom:-2px; width:288px; font-family:'Arial'; clear:left; float:left">Director/CEO &nbsp;</P>
<P style="margin:0px; text-indent:-2px; font-family:'Arial'">Chairman of the Board of Directors</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:288px; font-family:'Arial'; font-size:15pt; float:left"><U>/s/ Kyung Bae Park</U></P>
<P style="margin:0px; text-indent:-2px; font-family:'Arial'; font-size:15pt"><U>/s/ Sehan Kim</U></P>
<P style="margin-top:0px; margin-bottom:-2px; width:288px; font-family:'Arial'; font-size:15pt; clear:left; float:left">Kyung Bae Park</P>
<P style="margin:0px; padding-right:53.333px; text-indent:-2px; font-family:'Arial'; font-size:15pt">Sehan Kim</P>
<P style="margin-top:0px; margin-bottom:-2px; width:288px; font-family:'Arial'; clear:left; float:left">Director</P>
<P style="margin:0px; text-indent:-2px; font-family:'Arial'">Director</P>
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<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px; font-family:'Arial'" align=center>12</P>
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