0001211524-15-000014.txt : 20150204 0001211524-15-000014.hdr.sgml : 20150204 20150203201201 ACCESSION NUMBER: 0001211524-15-000014 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20150204 DATE AS OF CHANGE: 20150203 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ABAKAN, INC CENTRAL INDEX KEY: 0001400000 STANDARD INDUSTRIAL CLASSIFICATION: COATING, ENGRAVING & ALLIED SERVICES [3470] IRS NUMBER: 980507522 STATE OF INCORPORATION: NV FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-84214 FILM NUMBER: 15573176 BUSINESS ADDRESS: STREET 1: 2665 S. BAYSHORE DRIVE STREET 2: SUITE 450 CITY: MIAMI STATE: FL ZIP: 33133 BUSINESS PHONE: 786-206-5368 MAIL ADDRESS: STREET 1: 2665 S. BAYSHORE DRIVE STREET 2: SUITE 450 CITY: MIAMI STATE: FL ZIP: 33133 FORMER COMPANY: FORMER CONFORMED NAME: Waste to Energy Group Inc. DATE OF NAME CHANGE: 20080905 FORMER COMPANY: FORMER CONFORMED NAME: Your Digital Memories Inc DATE OF NAME CHANGE: 20070518 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MAZ MARIA CAMILA CENTRAL INDEX KEY: 0001279710 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 2829 BIRD AVENUE STREET 2: SUITE 12 CITY: MIAMI STATE: FL ZIP: 33133 FORMER COMPANY: FORMER CONFORMED NAME: MAZ MARIA C DATE OF NAME CHANGE: 20040211 SC 13D/A 1 schedule13dmaza6.htm ABAKAN Converted by EDGARwiz

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 6)*

ABAKAN INC.

(Name of Issuer)

Shares of Common Stock, $0.0001 Par Value

(Title of Class of Securities)

00258J 107

(CUSIP Number)

Robert Miller

2665 S. Bayshore Drive, Suite 450, Miami, Florida 33133

Telephone: (786) 206-5368

(Name, Address and Telephone Number of Person Authorized

to Receive Notices and Communications)

January 23, 2015

(Date of Event Which Requires Filing of this Statement)

If  the  filing  person  has  previously  filed  a  statement  on  Schedule  13G  to  report  the  acquisition  that  is  the

subject  of  this  Schedule  13D,  and  is  filing  this  schedule  because  of  §§240.13d-1(e),  240.13d-1(f)  or

240.13d-1(g), check the following box.o

Note:  Schedules  filed  in  paper  format  shall  include  a  signed  original  and  five  copies  of  the  schedule,

including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

*  The  remainder  of  this  cover  page  shall  be  filled  out  for  a  reporting  person's  initial  filing  on  this  form

with  respect  to  the  subject  class  of  securities,  and  for  any subsequent  amendment  containing  information

which would alter disclosures provided in a prior cover page.

The  information  required  on  the  remainder  of  this  cover  page  shall  not  be  deemed  to  be  "filed"  for  the

purpose  of  Section  18  of  the  Securities  Exchange  Act  of  1934  ("Act")  or  otherwise  subject  to  the

liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the

Notes).

1




CUSIP NO.  00258J 107

1.

NAMES OF REPORTING PERSONS.

Maria Camila Maz

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)o

(b)o

3.

SEC USE ONLY

4.

SOURCE OF FUNDS (SEE INSTRUCTIONS)

OO

5.

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO

ITEMS 2(d) OR 2(e) o

6.

CITZENSHIP OR PLACE OF ORGANIZATION

United States of America

7.

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

SOLE VOTING POWER

17,400,000

_____________________________________________________________________________________

_____

8.

SHARED VOTING POWER

0

9.

SOLE DISPOSITIVE POWER

17,400,000

_____________________________________________________________________________________

_____

10.

SHARED DISPOSITIVE POWER

0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

24,100,000 (17,400,000 direct and 6,700,000 indirect) (see Item 5)

12.

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

(SEE INSTRUCTIONS) o

2



13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)      30.3% of the Issuer’s

outstanding shares of common stock (based on 79,501,088 shares outstanding as of January 23,

2015).

14.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IN

CUSIP NO. 00258J 107

1.

NAMES OF REPORTING PERSONS.

Robert Hillis Miller

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)o

(b)o

3.

SEC USE ONLY

4.

SOURCE OF FUNDS (SEE INSTRUCTIONS)

OO

5.

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO

ITEMS 2(d) OR 2(e) o

6.

CITZENSHIP OR PLACE OF ORGANIZATION

United States of America

7.

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

SOLE VOTING POWER

0

_____________________________________________________________________________________

 

8.

SHARED VOTING POWER

1,450,000

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

1,450,000

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

24,100,000 (0 direct and 24,100,000 indirect) (see Item 5)

12.

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

(SEE INSTRUCTIONS) o

3



13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)      30.3% of the Issuer’s

outstanding shares of common stock (based on 79,501,088 shares outstanding as of January 23,

2015).

14.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IN

ITEM 1.  SECURITY AND ISSUER

This statement on Schedule 13D (this “Statement”) relates to shares of the common stock, $0.0001 per

share (the “Common Stock”), of Abakan Inc., a Nevada corporation (the "Issuer"). The principal offices

of the Issuer are located at 2665 S. Bayshore Drive, Suite 450, Miami, Florida 33133.

ITEM 2.  IDENTITY AND BACKGROUND

(a) This Statement is being filed jointly by and on behalf of each of Maria Camila Maz and Robert Hillis

Miller who are collectively referred to herein as the "Reporting Persons".

Each Reporting Person declares that neither the filing of this Statement nor anything herein shall be

construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act, the

beneficial owner of any securities covered by this Statement.

Each Reporting Person may be deemed to be a member of a group with respect to the Issuer or securities

of the Issuer for the purposes of Section 13(d) or 13(g) of the Act. Each Reporting Person declares that

neither the filing of this Statement nor anything herein shall be construed as an admission that such

person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has

agreed or is agreeing to act) with any other person as a partnership, limited partnership, syndicate or other

group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with

respect to the Issuer or any securities of the Issuer or (ii) a member of any syndicate or group with respect

to the Issuer or any securities of the Issuer.

(b) The residence of the Reporting Persons is: 4801 Alhambra Circle, Coral Gables, Florida, 33146.

(c) The present principal occupation of Maria Camila Maz is that of a business consultant while the

principal occupation of Robert Hillis Miller is that of Chief Executive Officer and a Director of Issuer.

(d) During the last five years, the Reporting Persons have not been convicted in criminal proceedings.

(e) During the last five years, the Reporting Persons were not a party to any civil proceeding of a judicial

or administrative body of competent jurisdiction and are not subject to any judgment, decree or final order

enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities

laws or finding any violation with respect to such laws.

(f) The Reporting Persons are citizens of the United States of America.

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

On January 23, 2015, Maria Camila Maz gifted 20,000 shares of the Issuer’s common stock over which

she sole voting and dispositive power to the Church of the Epiphany as a charitable donation.

4



ITEM 4.  PURPOSE OF TRANSACTION

The purpose of the transaction was to gift certain securities of the Issuer to the Church of the Epiphany as

a charitable donation.

The Reporting Persons have otherwise acquired shares of Common Stock of the Issuer for investment

purposes.

The Reporting Persons intend from time to time to review their investment in the Issuer on the basis of

various factors, including the Issuer’s business, financial condition, results of operations and prospects,

general economic and industry conditions, the securities markets in general and those for shares of

Common Stock of the Issuer in particular, as well as other developments and other investment

opportunities. Based upon such review, the Reporting Persons will take such actions in the future as the

Reporting Persons may deem appropriate in light of the circumstances existing from time to time, which

may include acquisitions of shares of Common Stock of the Issuer or further disposal of some or all of the

shares of Common Stock of the Issuer currently owned by the Reporting Persons or otherwise acquired

by the Reporting Persons, either in the open market or in privately negotiated transactions.

In addition, the Reporting Persons may engage in communications with one or more shareholders,

officers or directors of the Issuer, including discussions regarding the Issuer’s operations and strategic

direction and ideas that, if effected, could result in, among other things: (a) the acquisition by the

Reporting Persons of additional securities of the Issuer, or the disposition of additional securities of the

Issuer; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation,

involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the

Issuer or any of its subsidiaries; (d) changes in the present board of directors or management of the Issuer;

(e) a material change in the present capitalization or dividend policy of the Issuer; (f) any other material

change in the Issuer’s business or corporate structure; (g) changes in the Issuer’s certificate of

incorporation or bylaws or other actions which may impede the acquisition of control of the Issuer by any

person; (h) causing any class of the Issuer’s securities to be delisted from a national securities exchange

or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national

securities association; (i) a class of equity securities of the Issuer becoming eligible for termination of

registration pursuant to Section 12(g)(4) of the Act; or (j) any action similar to those enumerated above.

Except to the extent that the foregoing may be deemed to be a plan or proposal, none of the Reporting

Persons currently has any plans or proposals that relate to or would result in any of the actions specified

in clause (a) through (j) of Item 4 of this Statement. The Reporting Persons reserve the right, based on all

relevant factors and subject to applicable law, at any time and from time to time, to review or reconsider

their position, change their purpose, take other actions (including actions that could involve one or more

of the types of transactions or have one or more of the results described in paragraphs (a) through (j) of

Item 4 of this Statement) or formulate and implement plans or proposals with respect to any of the

foregoing.

ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER

(a) The Reporting Persons hold an aggregate of 24,100,000 shares (representing 30.3%) of the issued and

outstanding common stock of the Issuer.

Maria Camila Maz has 24,100,000 shares of the Issuer (17,400,000 direct and 6,700,000 indirect)

5



Robert Hillis Miller has 24,100,000 shares of the Issuer (0 direct and 24,100,000 indirect)

(b) The Reporting Persons have the sole power to vote or direct the vote, shared power to vote or direct

the vote, sole power to dispose of or direct the disposition of or shared power to dispose of or direct the

disposition of the shares reported above in this Item 5(a).

Maria Camila Maz has the sole power to vote or direct the vote of and sole power to dispose of or direct

the disposition of 17,400,000 shares (representing 21.9%) of the outstanding common stock of the Issuer.

Robert Hillis Miller has shared power to vote or direct the vote, and shared power to dispose of or direct

the disposition of 1,450,000 shares (representing 1.8%) of the outstanding common stock of the Issuer.

(c) The Reporting Persons have not effected any transaction in the shares of the Issuer during the past 60

days except Maria Camila Maz’s gift of 20,000 of the Issuer’s common stock to the Church of the

Epiphany.

(d) No person other than the Reporting Persons, the trustees of The Thomas and Mario Miller Family

Irrevocable Trust and the directors of The Tarija Foundation have the right to receive or the power to

direct the receipt of dividends from, or the proceeds from the sale of, the shares reported above in this

Item 5(a).

(e) Not applicable.

ITEM 6.  CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS

WITH RESPECT TO SECURITIES OF THE ISSUER

The Reporting Persons are married. The Thomas and Mario Miller Family Irrevocable Trust, formed on

December 1, 2009, for the benefit of Ms. Maz’s children. Mr. Miller has served as an officer and director

of The Tarija Foundation since May 31, 2013 and as an officer and director of the Issuer since December

8, 2009.

The Reporting Persons, The Thomas and Mario Miller Family Irrevocable Trust and The Tarija

Foundation entered into a Shareholders Voting Agreement with UP Scientech Materials Corp. (“UP”)

pursuant to which the Reporting Persons agreed to vote in favor of the election of a UP nominee to the

Issuer’s board of directors at any shareholders meeting called for that purpose. The term of the

Shareholders Voting Agreement expires on the earliest of the expiration of a three year commitment to so

vote commencing on the date a nominee of UP is appointed as a director of the Issuer and the date on

which UP’s ownership of the Issuer falls below six percent on a fully diluted basis. Mr. Kevin Chen was

appointed to the Issuer’s board of directors on November 13, 2014, as a nominee of UP.

Other than as reflected above, the Reporting Persons do not have any contracts, arrangements,

understandings or relationships with respect to the securities of the Issuer.

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS

99.1

Joint Filing Agreement

99.2

Shareholders Voting Agreement

SIGNATURE

6



After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set

forth in this statement is true, complete and correct.

January 30, 2015

Date

/s/ Maria Camila Maz

Maria Camila Maz

/s/ Robert H. Miller

Robert H. Miller

Attention: Intentional misstatements or omissions of fact

constitute Federal criminal violations (See 18 U.S.C. 1001).

EXHIBIT INDEX

Exhibit

Description of Exhibit

99.1

Joint Filing Agreement (furnished herewith)

99.2

Shareholders Voting Agreement (furnished herewith)

7



EX-99.1 2 exhibit991.htm JOINT FILING AGREEMENT Converted by EDGARwiz

Exhibit 99.1

JOINT FILING AGREEMENT

The undersigned hereby agree that they are filing this statement jointly pursuant to Rule 13d-1(k)(1).

Each of them is responsible for the timely filing of such Schedule  13D and any amendments thereto, and

for the completeness and accuracy  of  the information concerning such person contained therein; but

neither of  them  is  responsible  for  the  completeness or accuracy of the information concerning  the

other person making the filing, unless such person knows or has reason  to  believe  that  such

information  is inaccurate.

In   accordance  with  Rule  13d-1(k)(1)  promulgated  under  the  Securities and Exchange  Act  of  1934,

as  amended, the undersigned hereby agree to the joint filing with each other on behalf of each of them of

such a statement on Schedule 13D and any amendments thereto with respect to the equity securities (as

defined in Rule 13d-1(i)) of the issuer, beneficially owned by each of them.  This Joint Filing Agreement

shall be included as an exhibit to such Schedule 13D and any amendments thereto.

Date:  January 30, 2015

/s/ Maria Camila Maz

Maria Camila Maz

/s/ Robert Hillis Miller

Robert Hillis Miller



EX-99.2 3 exhibit992.htm SHAREHOLDERS VOTING AGREEMENT Converted by EDGARwiz

Exhibit 99.2

SHAREHOLDER VOTING AGREEMENT

THIS   SHAREHOLDER   VOTING   AGREEMENT,   dated   as   of   November   11,   2014   (this   "Voting

Agreement"),  is  between UP  Scientech Materials Corp.  ("UP Scientech"),  and Robert H. Miller, Maria C.

Maz, the Thomas and Mario Miller Family Irrevocable Trust U/A/D 12/01/2009 and the Tarija Foundation

(each a "Shareholder" and collectively, the "Shareholders").

WITNESSETH:

Whereas  UP  Scientech  and  Abakan  Inc.  (“Abakan”)  have  entered  into  a  Letter  Agreement  (“Letter

Agreement”) of even date, pursuant to which, UP Scientech shall enter into a share subscription agreement

(“SSA”), a Sales Agency Agreement and acquire the right to participate with Abakan  in certain additional

joint venture transactions as detailed in said Letter Agreement; and

Whereas, the Shareholders, individually or as trustees or custodians, subsequent to the closing of the SSA,

shall be the beneficial owners of twenty four million one hundred and twenty thousand (24,120,000) shares

or collectively in excess of thirty five percent (35%) of the issued and outstanding voting shares of Abakan's

common  stock  (such  shares,  along  with  all  other  shares  of  capital  stock  of  Abakan  acquired  by  each

Shareholder subsequent to the date hereof, are referred to herein collectively as the "Subject Shares"); and

Whereas,  as  a  condition  of  entering  into  the  Letter  Agreement,  UP  Scientech  has  requested  that  the

Shareholders agree, and the Shareholders have agreed, among other things, to vote and commit the Subject

Shares upon the terms and subject to the conditions set forth herein.

Now, therefore, in consideration of the premises and the mutual representations, agreements and covenants

hereinafter set forth, and intending to be legally bound hereby, the parties hereto hereby agree as follows:

1.

Agreement.

(a)

The  Shareholders agree to vote  the Subject  Shares, during the  period between the date hereof  and

the Expiration Date (as defined hereinafter), at any special or annual meeting of the shareholders, in favor

of electing an individual nominated by UP Scientech to Abakan’s board of directors.

(b)

Prior to the Expiration Date, the Shareholders shall not enter into any agreement or understanding

with any person to vote or give instructions in any manner inconsistent with the preceding paragraph (a).

(c)

The  Shareholders  shall  not  vote,  sell,  deal  in,  assign,  pledge,  transfer  or  encumber  in  any manner

whatsoever  any of the  Subject  Shares,  except;  1) the  Subject  Shares  may be  sold to  third parties  bound to

the terms and conditions similar to those agreed herein; and 2) the Thomas and Mario Miller Family Trust

and  the  Tarija  Foundation are  allowed  to  sell  up  to  a  maximum  of  100,000  Subject  Shares  per  quarter.  in

the public market in accordance with the rules and regulations of the United States Securities Act of 1993,

as amended.

(d)

Each Shareholder will agree to such other terms and conditions, if any, as may be requested by any

underwriter of the Subject Shares or required by any securities regulatory authority having jurisdiction over

Abakan, that do not conflict with this Voting Agreement.

(e)

No  person  executing  this  Voting  Agreement  who  is  or  becomes  prior  to  the  Expiration  Date  a

director  of  Abakan,  or  any  successor  thereof,  makes  any  agreement  or  understanding  herein  in  his  or  her




Exhibit 99.2

capacity  as  such  director.  Each  Shareholder  signs  solely  in  his  or  her  capacity  as  the  owner,  trustee  or

custodian of the Subject Shares.

2.

Representations and Warranties of the Shareholders. Each Holder hereby represents andwarrants

to UP Scientech, severally and not jointly, that:

(a)

this Voting Agreement has been duly executed and delivered by each Shareholder and is the legal,

valid and binding obligation of and fully enforceable in accordance with its terms against such Shareholder;

(b)

no consent of any governmental entity,  beneficiary,  co-trustee or other person is  necessary for the

execution, delivery and performance of this Voting Agreement by each Shareholder;

(c)

subsequent to the closing of the SSA, the Shareholders shall be the beneficial owners of twenty four

million one hundred and twenty thousand (24,120,000) shares or collectively in excess of thirty five percent

(35%) of the issued and outstanding voting shares of Abakan's common stock;

(d)

each  Shareholder  shall  own  the  Subject  Shares  free  and  clear  of  any encumbrance  other  than  this

Voting Agreement and does not own, directly or indirectly, any other shares of Abakan's common stock or

any option, warrant or other right to acquire any shares of Abakan's common stock;

(e)

each Shareholder shall have the power and right to vote all of the Subject Shares;

(f)

except  as  provided  herein,  each  Shareholder  has  not  (i)  granted  any  power-of-attorney  or  other

authorization or interest with respect to any of the Subject Shares, (ii) deposited any of the Subject Shares

into a voting trust, or (iii) entered into any prior voting agreement or other arrangement with respect to any

of the Subject Shares; and

(g)

the  execution,  delivery  and  performance  of  this  Voting  Agreement  by  the  Shareholders  does  not

and  will  not  result  in  a  violation  of  any law,  rule,  regulation,  order,  judgment,  injunction,  decree  or  other

restriction of any court or governmental authority to which the Shareholders are subject, or its constitutional

documents in case of any Shareholder being a trust or foundation.

3.

Covenants  of  the  Shareholders.  Each  Shareholder  hereby agrees  and  covenants  that  during  the

period between the  date hereof  and the Expiration Date, any shares of capital stock  of Abakan (including,

without limitation, Abakan's common stock) that any Shareholder purchases or with respect to which such

Shareholder  otherwise  acquires  beneficial  ownership  (including  by  reason  of  stock  dividends,  split-ups,

recapitalizations,  combinations,  exchanges  of  shares  or  the  like)  shall  be  considered  Subject  Shares  and

subject to each of the terms and conditions of this Voting Agreement;

4.

Expiration  Date.  This  Voting  Agreement  to  vote  in  favor  for  the  election  of  UP  Scientech’s

nominee to Abakan’s board of directors at any annual or special meeting called for the purpose of electing

directors  shall  expire  on  the  earliest  of  (a)  the  expiration  of  the  three  (3)  year  commitment  to  so  vote

commencing on the date the nominee of UP Scientech is appointed as a director of Abakan; and (b) the date

on which UP Scientech’s  ownership of Abakan falls below six percent (6%) on a fully diluted basis (such

earliest date being referred to herein as the "Expiration Date").

5.

Notices. All  notices,  requests, claims,  demands and other communications  hereunder shall be in

writing and shall be given (and shall be deemed to have been duly given upon receipt) by delivery in person,

telecopy or by registered or certified mail (postage prepaid, return receipt requested) or by overnight courier




Exhibit 99.2

to the respective parties at the following addresses (or at such other address for a party as shall be specified

in a notice given in accordance with this Section 6):

UP Scientech Materials Corp.

No. 5-3, Jianguo Rd.

Guanyin Township

Taoyuan County 32844

Taiwan R.O.C.

Shareholders

Robert H. Miller

4801 Alhambra Circle

Coral Gables, Florida 33146

Maria C. Maz

4801 Alhambra Circle

Coral Gables, Florida 33146

Thomas and Mario Miller Irrevocable Family Trust U/A/D 12/01/2009

3757 Heron Ridge Lane,

Westin, Florida, 33331

Tarija Foundation

4527 West 10th Avenue

Vancouver, British Columbia V6R 2J2

6.

Amendments; No Waivers.

(a)

Any provision of this Voting Agreement may be amended or waived prior to the Expiration Date

if,  and  only  if,  such  amendment  or  waiver  is  in  writing  and  signed,  in  the  case  of  an  amendment,  by  UP

Scientech and each of the Shareholders or in the case of a waiver, by the party or parties against whom the

waiver is to be effective.

(b)

No failure or delay by any party in exercising any right, power or privilege hereunder shall operate

as  a  waiver  thereof  nor  shall  any  single  or  partial  exercise  thereof  preclude  any  other  or  further  exercise

thereof or the exercise of any other right, power or privilege. The rights and remedies herein provided shall

be cumulative and not exclusive of any rights or remedies provided by law.

7.

Expenses. All costs and expenses incurred in connection with the preparation and furtherance of

this Voting Agreement shall be paid by the party or parties incurring such cost or expense.

8.

Successors and Assigns. The provisions of this Voting Agreement shall be binding upon and inure

to the benefit of the parties hereto and their respective successors and assigns; provided, that no party may

assign, delegate or otherwise transfer any of its rights or obligations under this Voting Agreement without

the prior written consent of the other parties hereto.

9.

Non-Survival  of  Representations  and  Warranties.  All  representations,  warranties  and  agreements

made  by the  Shareholders  and  UP  Scientech  in  this  Voting Agreement  shall  promptly  terminate  upon  the

Expiration Date.




Exhibit 99.2

10.

Parties in Interest. Nothing in this Voting Agreement is intended to provide any rights or remedies

to any person other than the parties hereto.

11.

Counterparts. This Voting Agreement may be executed in one or more counterparts, and by the

different parties hereto in separate counterparts, each of which when executed shall be deemed an original

but all of which taken together shall constitute one and the same agreement.

12.

Governing  Law.  This  Voting  Agreement  will  be  construed  and  enforced  in  accordance  with  and

governed by the laws of the State of Florida, without reference to principles of conflicts of law. Each of the

parties  consents to the jurisdiction of the federal  courts whose districts encompass  any part of the  State of

Florida  in  connection  with  any  dispute  arising  under  this  Voting  Agreement  and  hereby  waives,  to  the

maximum extent permitted by law, any objection, including any objection based on forum non conveniens,

to the bringing of such proceeding in such jurisdictions.

13.

Jury Trial  Waiver. EACH  PARTY HERETO  HEREBY WAIVES ALL  RIGHTS TO TRIAL BY

JURY  IN  ANY  ACTION  OR  PROCEEDING  INSTITUTED  BY  EITHER  OF  THEM  AGAINST  THE

OTHER THAT PERTAINS DIRECTLY OR INDIRECTLY TO THIS VOTING AGREEMENT.

14.

Specific  Performance.  The parties  hereto  agree  that  irreparable  damage  would  occur  in the  event

any provision  of this  Voting  Agreement  was  not  performed  in  accordance  with the  terms  hereof  and that,

in  addition  to  any remedy to  which  they  are  entitled  at  law  or  in  equity,  the  parties  shall  be  entitled  to  an

injunction or injunctions to prevent breaches of this Voting Agreement and to enforce specifically the terms

and provisions of this Voting Agreement without the need to post a bond or prove special damages.

15.

Interpretation.  The  descriptive  headings  contained  in  this  Voting  Agreement  are  included  for

convenience of reference only and  shall not affect in any way the meaning or interpretation of this Voting

Agreement.  When a  reference is  made  in this Voting Agreement  to a Section,  such reference shall  be to a

Section of this Voting Agreement unless otherwise indicated. Whenever the words "include," "includes" or

"including" are used in this Voting Agreement they shall be deemed to be followed by the words "without

limitation."

16.

Entire Agreement. This Voting Agreement and the related irrevocable proxy constitutes the entire

agreement between the parties with respect to the subject matter hereof and supersedes all prior written and

oral  and  all  contemporaneous  agreements  and  understandings  with  respect  to  the  subject  matter  hereof.

Each  party  acknowledges  and  agrees  that  no  other  party  hereto  makes  any  representations  or  warranties,

whether express or implied, other than the express representations and warranties contained herein.

17.

Severability.  If  any  term  or  other  provision  of  this  Voting  Agreement  is  held  to  be  invalid  or

unenforceable  by  a  court  of  competent  jurisdiction,  this  Voting  Agreement  shall  be  interpreted  and

enforceable  as  if  such  provision  were  severed  or  limited,  but  only  to  the  extent  necessary  to  render  such

provision of this Voting Agreement enforceable.

IN  WITNESS  WHEREOF,  each  of  the  parties  hereto  has  executed  this  Voting  Agreement  as  of  the  date

first set forth above.

UP SCIENTECH MATERIALS CORP.




Exhibit 99.2

/s/ George Chang

By: George Chang

Chairman

Shareholders

ROBERT H. MILLER

/s/ Robert H. Miller

Robert H. Miller

MARIA C. MAZ

/s/ Maria C. Maz

Maria C. Maz

THOMAS AND MARIO FAMILY IRREVOCABLE TRUST U/A/D 12/01/2009

/s/ Dennis Goetz

By: Dennis Goetz

Trustee

TARIJA FOUNDATION

/s/ Robert H. Miller

By: Robert H. Miller

Trustee