February
13, 2007
a21,
Inc.
7660
Centurion Parkway
Jacksonville,
Florida 32256
Ladies
and Gentlemen:
We
refer
to the registration statement on Form S-8 under the Securities Act of 1933,
as
amended (the “Securities Act”), being filed by a21, Inc., a Delaware corporation
(the “Company”), with the U.S. Securities and Exchange Commission (the “SEC”),
relating to the registration of an aggregate of 7,505,514 shares of the
Company’s common stock (the “Shares”), consisting of (i) 6,000,000 shares of the
Company’s common stock issuable in connection with the Company’s 2005 Stock
Incentive Plan (the “Plan”), and (ii) 1,505,514 shares of the Company’s common
stock issuable upon exercise of an option granted to Albert H. Pleus, the
agreement for which is dated as of February 13, 2007 (the
“Option”).
We
have
examined the Plan, the Option, and originals or photocopies or certified copies
of such corporate records, documents and matters of law as we have considered
appropriate for the purposes of this opinion. In such examination, we have
assumed the genuineness of all signatures, the authenticity of all documents
submitted to us as originals, the conformity to originals of all documents
submitted to us as certified copies or photocopies and the authenticity of
the
originals of such latter documents.
Based
upon such examination and relying upon statements of fact contained in the
documents which we have examined, when issued upon payment of the relevant
exercise price or as otherwise as provided for in, and assuming such issuance
is
in the manner contemplated by, the Plan or the Option, the Shares will be
validly issued, fully paid and non-assessable.
While
certain members of this firm are admitted to practice in certain jurisdictions
other than New York, in rendering the foregoing opinions we have not examined
the laws of any jurisdiction other than New York or consulted with members
of
this firm who are admitted in any other jurisdictions other than the United
States, New York and Delaware (our review of Delaware law being limited to
Delaware’s General Corporation Law, which includes the statutory provisions,
applicable provisions of the Delaware constitution and reported judicial
decisions interpreting such provisions (“DGCL”)). Accordingly, the opinions we
express herein are limited to matters involving the law of the United States,
New York and the DGCL.
We
hereby
consent to the filing of this opinion as Exhibit 5.1 to the Registration
Statement. In giving this consent, we do not thereby admit that we are within
the category of persons whose consent is required under Section 7 of the
Securities Act, the rules and regulations of the SEC promulgated thereunder,
or
Item 509 of Regulation S-K promulgated under the Securities Act.
Very
truly yours,
/s/
Loeb
& Loeb LLP
Loeb
& Loeb LLP