-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 FSm66r2mG0pF1a+gEDNXUGXHsSAaBf9QUq1MHmE96qgXE0/2lkw+ny7zT/VOKB0l
 pFzUU3Zi7obQTM/mEVhkDA==

<SEC-DOCUMENT>0000000000-06-051698.txt : 20061024
<SEC-HEADER>0000000000-06-051698.hdr.sgml : 20061024
<ACCEPTANCE-DATETIME>20061024152653
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-06-051698
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20061024

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GYRODYNE CO OF AMERICA INC
		CENTRAL INDEX KEY:			0000044689
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATORS OF NONRESIDENTIAL BUILDINGS [6512]
		IRS NUMBER:				111688021
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		102 FLOWERFIELD ST
		CITY:			ST JAMES
		STATE:			NY
		ZIP:			11780
		BUSINESS PHONE:		6315845400

	MAIL ADDRESS:	
		STREET 2:		17 FLOWERFIELD SUITE 15
		CITY:			ST JAMES
		STATE:			NY
		ZIP:			11780
PUBLIC REFERENCE ACCESSION NUMBER:		0001266454-05-000110
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
begin 644 filename1.pdf
M)5!$1BTQ+C0-)>+CS],-"C4R(#`@;V)J(#P\+TQI;F5A<FEZ960@,2],(#$S
M,S0X+T\@-30O12`V-C$U+TX@,2]4(#$R,C8Q+T@@6R`U,38@,3<P73X^#65N
M9&]B:@T@("`@("`@("`@("`@("`@("`@#0IX<F5F#0HU,B`Q,0T*,#`P,#`P
M,#`Q-B`P,#`P,"!N#0HP,#`P,#`P.#4R(#`P,#`P(&X-"C`P,#`P,#$Q,3<@
M,#`P,#`@;@T*,#`P,#`P,3,T."`P,#`P,"!N#0HP,#`P,#`Q.#`V(#`P,#`P
M(&X-"C`P,#`P,#$X-#`@,#`P,#`@;@T*,#`P,#`P,S8S-R`P,#`P,"!N#0HP
M,#`P,#`V,S`V(#`P,#`P(&X-"C`P,#`P,#8U,SD@,#`P,#`@;@T*,#`P,#`P
M,#8X-B`P,#`P,"!N#0HP,#`P,#`P-3$V(#`P,#`P(&X-"G1R86EL97(-"CP\
M+U-I>F4@-C,O4')E=B`Q,C(U,"]84F5F4W1M(#8X-B]2;V]T(#4S(#`@4B])
M;F9O(#8@,"!2+TE$6SQ&-$0V-4$P.#DR-C=&.3DS,SE$,3%!,D9!-D8P,C="
M.#X\-C(S149%-3)#-C,Q1#,T-S@T1$0T.#<T,40V03%#-$4^73X^#0IS=&%R
M='AR968-"C`-"B4E14]&#0H@(`T*-C(@,"!O8FH\/"],96YG=&@@.#$O0R`Y
M,"]&:6QT97(O1FQA=&5$96-O9&4O22`Q,3(O3"`W-"]3(#,X/CYS=')E86T-
M"GC:8F!@8&=@8-[,``2B50RH@`F(61@X&I#%V*&8@4&)@8<G<`4#V^,E&XXS
M+8"JE^F$ZK,`8D8&!DE=",T<`S>!C8%!3Q\BRL@($&``,Y\(L`T*96YD<W1R
M96%M#65N9&]B:@TV,2`P(&]B:CP\+TQE;F=T:"`R,"]&:6QT97(O1FQA=&5$
M96-O9&4O5ULQ(#$@,5TO26YD97A;-R`T-5TO1&5C;V1E4&%R;7,\/"]#;VQU
M;6YS(#,O4')E9&EC=&]R(#$R/CXO4VEZ92`U,B]4>7!E+UA2968^/G-T<F5A
M;0T*>-IB8F)D8&)@8!Q*&"#``#(8`(H-"F5N9'-T<F5A;0UE;F1O8FH--3,@
M,"!O8FH\/"]-87)K26YF;SP\+TQE='1E<G-P86-E1FQA9W,@,"]-87)K960@
M=')U93X^+TUE=&%D871A(#4@,"!2+U!I96-E26YF;SP\+TUA<FME9%!$1CP\
M+TQA<W1-;V1I9FEE9"A$.C(P,#8Q,#(T,34R,30S*3X^/CXO4&%G97,@-"`P
M(%(O4&%G94QA>6]U="]/;F5#;VQU;6XO4W1R=6-T5')E95)O;W0@-R`P(%(O
M5'EP92]#871A;&]G+TQA;F<H14XM55,I+TQA<W1-;V1I9FEE9"A$.C(P,#8Q
M,#(T,34R,30S*2]086=E3&%B96QS(#(@,"!2/CX-96YD;V)J#34T(#`@;V)J
M/#PO0W)O<$)O>%LP(#`@-C$R(#<Y,ETO4&%R96YT(#0@,"!2+U-T<G5C=%!A
M<F5N=',@,"]#;VYT96YT<R`U-R`P(%(O4F]T871E(#`O365D:6%";WA;,"`P
M(#8Q,B`W.3)=+U)E<V]U<F-E<SP\+T-O;&]R4W!A8V4\/"]#4S`@-38@,"!2
M/CXO1F]N=#P\+U14,"`U-2`P(%(^/B]0<F]C4V5T6R]01$8O5&5X=%TO17AT
M1U-T871E/#PO1U,P(#8P(#`@4CX^/CXO5'EP92]086=E/CX-96YD;V)J#34U
M(#`@;V)J/#PO4W5B='EP92]4<G5E5'EP92]&;VYT1&5S8W)I<'1O<B`U.2`P
M(%(O3&%S=$-H87(@,3(Q+U=I9'1H<ULV,#`@,"`P(#`@,"`P(#`@,"`V,#`@
M-C`P(#`@,"`V,#`@-C`P(#8P,"`P(#8P,"`V,#`@-C`P(#8P,"`V,#`@-C`P
M(#8P,"`V,#`@-C`P(#8P,"`V,#`@,"`P(#`@,"`P(#`@-C`P(#8P,"`V,#`@
M-C`P(#8P,"`V,#`@-C`P(#8P,"`V,#`@-C`P(#8P,"`P(#8P,"`V,#`@-C`P
M(#8P,"`V,#`@-C`P(#8P,"`V,#`@,"`P(#8P,"`P(#8P,"`V,#`@,"`P(#`@
M,"`P(#`@-C`P(#8P,"`V,#`@-C`P(#8P,"`V,#`@-C`P(#8P,"`V,#`@,"`V
M,#`@-C`P(#8P,"`V,#`@-C`P(#8P,"`V,#`@-C`P(#8P,"`V,#`@-C`P(#8P
M,"`V,#`@-C`P(#8P,%TO0F%S949O;G0O0V]U<FEE<DYE=U!3350O1FER<W1#
M:&%R(#,R+T5N8V]D:6YG+U=I;D%N<VE%;F-O9&EN9R]4>7!E+T9O;G0^/@UE
M;F1O8FH--38@,"!O8FI;+TE#0T)A<V5D(#4X(#`@4ET-96YD;V)J#34W(#`@
M;V)J/#PO3&5N9W1H(#$W,C<O1FEL=&5R+T9L871E1&5C;V1E/CYS=')E86T-
M"DB)G%?;;MLX$'TWT'^81V?A,*3N*HH":9)VVT7:;FU@T6WV@99HFUM9<BDI
MKO;K=TCZHC22[21Y<$)3,V=N9XXN/L.K5Q>W5^^O@<+KUV^NKV!P<36FD)1X
MH'^A3/(!`XGG[_!\7@[>3`87DPD%!I/9X)P22ID+DP3O3M;Z@4D)C.K/__21
MPG\(=8PM^U=,(62,>!%,EH/A+9<9C*MB!9X?,#B;_#NXF0QN;C60/3BV!??`
M.=5NN\Q32IA'/>.@SZ33:;(53X?A((I(1&EH#9N?#SRON6K`92-P*`WZW+E/
MBB`(0^([^/>A"+Q.DUW6@H"P"+$=LN8_)Q^^1R*/QK:2BF`AQ6HA<KCEJLA%
MT^<K.!FYYQ+?^$<'GY4H92KR:@17"REF</-3)'4E[P5\FLUD(A3P/,66$[RL
M%?[7XST\V;OK$!8P6^YWC2K2)A=P52Q7/&^@F,'E4BB9\!&\SQ/2YRXZV9U#
M210Q6W2&9V^S8BW43(HL[3,>GVR<QL3WF&^,CRN"C;L4Y0@^DJ\$@+$PHKW#
M1Y_4NWX<$8>R^&"WL>Z)/MQN?A20*'!,-WP;?A$O`<[.F1_ZIQ3GG\F'3B#=
M/-#E/?1Q)IW`>D?/;AS2X=M"+?'.^1_C-S`K%%0+`3-9)CR#1G`%(D]%"I<K
MA33G4L,1?C^8;I;H`A-XQ/$<M@%C?Q!2&.X0_=E"]`,YJA(J:V"%22G2#:Q/
M255,<5`VY'4`V,E<X_L.B:GC=P&3F8"/!0%Z3ED0>?W>NKFHM^$\1OS`.=)P
MW9QSI.%<2AS'M1-YK<NI26Y#;B][77433"]\ADLE<@^S,^MFD2/P:4@"ZK'6
MNOI+P((C82IQ+\4:6Z`I:H4-J\H*S\I5D9<",E%ALT#**[RP77!.,()>="?3
MD!<'Q`D\NYK-OM24;2"9R2DRY#R9SX&GJ:QDD>,<)<5RB:Q?(D]]SI#;!4P%
M\!)24:%X0(AW+S0N"N>,,%VLZ\$0O\Y%(LI20Y>Y#5/\7&4\Y]HLVGJ?0UDL
MA:8*_>76RPC6`I:\00_?3;R3WP9#?!RJ`E:JN,<-!'4):UDMT#`.V-(81%O;
M!Z<V?36.&*95QV>\;VVER`Y9H3<4@KB<Z:NV&CKL:B'+MMD=&L4E!M[*RCYD
M34D8\CY-?8KG:3SNN3$)'/^(BGH.CWL.;HC(MWOU`%WULE0/EFXJ[XV/!23V
M`G8XOFY&/A(?]7'N`KMKKW"DBDS:81I7^&&JI-ON$Y*QJ3(VW8K/!2JZ/AC=
M_-L7FAM[Q'7"PY$]1_"Y$;)[%%H]QHBFD[RHA&WP'7^829'%;J8`;^JK7.'H
MY'R:F2M\KH3H17>R1'1#1@(OM,&:J6SL..=)5I=Z,JL%KZ"4>6)PPD++*0[+
M0E5SG71S0^C9QG)4C;G3P2@+KI\JZZD>Z4H:7L+/O-9C*_/[(KLWE;7,T+9(
MMK15B2S;F-9$@"RR*-;&'U<*92PZJ"P#M-##%!]-H5YM<,YK["4="S;0^.WE
M^#$1H-HW[+8EBY$VIY6SL@QCG(A]`M9(EB4J:85NIHWY[E'T2F2F@5%;9R!*
MW<;`LP+MF7"YAJU2[&*=P3F.+^9("&SK5N0UMOD^>B3ELM:R7>JD62Y'MEO8
M`DQ%)H59"HA6'RA](4<$[0IL;2E9?B_-)E%BS55JIJM8Y\B_"[GJ)\2G+6HG
M=G"JXB.$>++<=R)&J!<=EBU.]V8]/*5.$).0QE:V7&)B5KH5E<2B[2IBAS75
M@X@%QX/M^C`%Q>*@ZI]B!^:X0_>KBS>86K4M)U9+F-6*S^#!K]N1[QAA-P%;
M0[-:Y;+45Y+B'JE]HSA,M;\+=/*`4$J-LKVC3:FWMC9N]2&N2?&CQO;$/FDM
M41R'ZZU6:/LK`2F(5UGS>(9F/)&9-&UND>@%O1<@,RUE-SS3PH\C>G/][O++
M_F('D;1T@8EWL^"-!NI0/<!_D0@/Q$1OBGJ;WGV:"F`Q)6Y\Y&W.?8X*8&%,
MJ&_?YH9?L8ET%C2G\J2"WPL]QW`S4YJ_<&W.\(4N28HZU[,_TD1YA_K1N3O#
M-PYV[J)8T8VYO'NQ;[)'=W`VY<SN`)ULTREZ^V)RY^A-)W>7]0W;/FX,F2/[
M:O(I][O<,H]E2&PYW5K]^7^:2F&>3VCL^H?S?_)[(W-=$OKND7)VJXTCY70<
MXC'/:;UL`(SUUL7,-*->7T][UV,,23/T#K\LN2>+AQB),O8/2T"W>TNTLN&2
M.*1XN.Y"'$7$\ZV*_C:$+SQ!_0%G+CXQ_!NE$`J`LW\F'SH=G[Q*PI`PYD<;
M'W9:K(O]S#QT\[\``P#_&*%Y#0IE;F1S=')E86T-96YD;V)J#34X(#`@;V)J
M/#PO3&5N9W1H(#(U-S4O1FEL=&5R+T9L871E1&5C;V1E+TX@,R]!;'1E<FYA
M=&4O1&5V:6-E4D="/CYS=')E86T-"DB)G)9Y5%-W%L=_;\F>D)6PPV,-6X"P
M!I`U;&&1'011"$D(`1)"2-@%040%%$5$A*J5,M9M=$9/19TNKF.M#M9]ZM(#
M]3#JZ#BT%M>.G1<X1YU.9Z;3[Q_O]SGW=^_OW=^]]YWS`*`GI:JUU3`+`(W6
MH,]*C,46%11BI`D``PH@`A$`,GFM+BT[(0?@DL9+L%K<"?R+GEX'D&F](DS*
MP##P_XDMU^D-`$`9.`<HE+5RG#MQKJHWZ$SV&9QYI94FAE$3Z_$$<;8TL6J>
MO>=\YCG:Q`J-5H&S*6>=0J,P\6F<5]<9E3@CJ3AWU:F5]3A?Q=FERJA1X_S<
M%*M1RFH!0.DFNT$I+\?9#V>Z/B=+@O,"`,ATU3M<^@X;E`T&TZ4DU;I&O5I5
M;L#<Y1Z8*#14C"4IZZN4!H,P0R:OE.D5F*1:HY-I&P&8O_.<.*;:8GB1@T6A
MP<%"?Q_1.X7ZKYN_4*;>SM.3S+F>0?P+;VT_YU<]"H!X%J_-^K>VTBT`C*\$
MP/+F6YO+^P`P\;X=OOC.??BF>2DW&'1AOK[U]?4^:J7<QU30-_J?#K]`[[S/
MQW3<F_)@<<HRF;'*@)GJ)J^NJC;JL5J=3*[$A#\=XE\=^/-Y>&<IRY1ZI1:/
MR,.G3*U5X>W6*M0&=;464VO_4Q-_9=A/-#_7N+ACKP&OV`>P+O(`\K<+`.72
M`%*T#=^!WO0ME9(',O`UW^'>_-S/"?KW4^$^TZ-6K9J+DV3E8'*COFY^S_19
M`@*@`B;@`2M@#YR!.Q`"?Q`"PD$TB`?)(!WD@`*P%,A!.=``/:@'+:`==($>
ML!YL`L-@.Q@#N\%^<!",@X_!"?!'<!Y\":Z!6V`23(.'8`8\!:\@"")!#(@+
M64$.D"OD!?E#8B@2BH=2H2RH`"J!5)`6,D(MT`JH!^J'AJ$=T&[H]]!1Z`1T
M#KH$?05-00^@[Z"7,`+381YL![O!OK`8CH%3X!QX":R":^`FN!->!P_!H_`^
M^#!\`CX/7X,GX8?P+`(0&L)''!$A(D8D2#I2B)0A>J05Z48&D5%D/W(,.8M<
M02:11\@+E(AR40P5HN%H$IJ+RM$:M!7M18?17>AA]#1Z!9U"9]#7!`;!EN!%
M""-("8L(*D(]H8LP2-A)^(APAG"-,$UX2B02^40!,8281"P@5A";B;W$K<0#
MQ./$2\2[Q%D2B61%\B)%D-)),I*!U$7:0MI'^HQTF31->DZFD1W(_N0$<B%9
M2^X@#Y+WD#\E7R;?([^BL"BNE#!*.D5!::3T4<8HQR@7*=.45U0V54"-H.90
M*ZCMU"'J?NH9ZFWJ$QJ-YD0+I672U+3EM"':[VB?TZ9H+^@<NB==0B^B&^GK
MZ!_2C]._HC]A,!ANC&A&(</`6,?8S3C%^)KQW(QKYF,F-5.8M9F-F!TVNVSV
MF$EANC)CF$N93<Q!YB'F1>8C%H7EQI*P9*Q6U@CK*.L&:Y;-98O8Z6P-NY>]
MAWV.?9]#XKAQXCD*3B?G`\XISETNPG7F2KAR[@KN&/<,=YI'Y`EX4EX%KX?W
M6]X$;\:<8QYHGF?>8#YB_HGY)!_AN_&E_"I^'_\@_SK_I86=18R%TF*-Q7Z+
MRQ;/+&TLHRV5EMV6!RRO6;ZTPJSBK2JM-EB-6]VQ1JT]K3.MZZVW69^Q?F3#
MLPFWD=MTVQRTN6D+VWK:9MDVVWY@>\%VUL[>+M%.9[?%[I3=(WN^?;1]A?V`
M_:?V#QRX#I$.:H<!A\\<_HJ98S%8%3:$G<9F'&T=DQR-CCL<)QQ?.0F<<ITZ
MG`XXW7&F.HN=RYP'G$\ZS[@XN*2YM+CL=;GI2G$5NY:[;G8]Z_K,3>"6[[;*
M;=SMOL!2(!4T"?8*;KLSW*/<:]Q'W:]Z$#W$'I4>6SV^](0]@SS+/4<\+WK!
M7L%>:J^M7I>\"=ZAWEKO4>\;0KHP1E@GW"N<\N'[I/IT^(S[//9U\2WTW>![
MUO>U7Y!?E=^8WRT11Y0LZA`=$WWG[^DO]Q_QOQK`"$@(:`LX$O!MH%>@,G!;
MX)^#N$%I0:N"3@;](S@D6!^\/_A!B$M(2<A[(3?$/'&&N%?\>2@A-#:T+?3C
MT!=AP6&&L(-A?P\7AE>&[PF_OT"P0+E@;,'="*<(6<2.B,E(++(D\OW(R2C'
M*%G4:-0WT<[1BNB=T?=B/&(J8O;%/([UB]7'?A3[3!(F628Y'H?$)<9UQTW$
M<^)SXX?COTYP2E`E[$V820Q*;$X\GD1(2DG:D'1#:B>52W=+9Y)#DI<EGTZA
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M.93Z3P"D`5O^F+B9))F0F?R::)K5FT*;KYP<G(F<]YUDG=*>0)ZNGQV?BY_Z
MH&F@V*%'H;:B)J*6HP:C=J/FI%:DQZ4XI:FF&J:+IOVG;J?@J%*HQ*DWJ:FJ
M'*J/JP*K=:OIK%RLT*U$K;BN+:ZAKQ:OB[``L'6PZK%@L=:R2[+"LSBSKK0E
MM)RU$[6*M@&V>;;PMVBWX+A9N-&Y2KG"NCNZM;LNNZ>\(;R;O16]C[X*OH2^
M_[]ZO_7`<,#LP6?!X\)?PMO#6,/4Q%'$SL5+Q<C&1L;#QT''O\@]R+S).LFY
MRCC*M\LVR[;,-<RUS37-M<XVSK;/-\^XT#G0NM$\T;[2/]+!TT33QM1)U,O5
M3M71UE76V-=<U^#89-CHV6S9\=IVVOO;@-P%W(K=$-V6WAS>HM\IWZ_@-N"]
MX43AS.)3XMOC8^/KY'/D_.6$Y@WFEN<?YZGH,NB\Z4;IT.I;ZN7K<.O[[(;M
M$>V<[BCNM.]`[\SP6/#E\7+Q__*,\QGSI_0T],+U4/7>]FWV^_>*^!GXJ/DX
M^<?Z5_KG^W?\!_R8_2G]NOY+_MS_;?__`@P`]X3S^PH-"F5N9'-T<F5A;0UE
M;F1O8FH--3D@,"!O8FH\/"]3=&5M5B`T,B]&;VYT3F%M92]#;W5R:65R3F5W
M4%--5"]&;VYT4W1R971C:"].;W)M86PO1F]N=%=E:6=H="`T,#`O1FQA9W,@
M,S0O1&5S8V5N="`M,S`P+T9O;G1"0F]X6RTR,2`M-C@P(#8S."`Q,#(Q72]!
M<V-E;G0@.#,R+T9O;G1&86UI;'DH0V]U<FEE<B!.97<I+T-A<$AE:6=H="`U
M-S@O6$AE:6=H="`M-3<X+U1Y<&4O1F]N=$1E<V-R:7!T;W(O271A;&EC06YG
M;&4@,#X^#65N9&]B:@TV,"`P(&]B:CP\+T]032`Q+T]0(&9A;'-E+V]P(&9A
M;'-E+U1Y<&4O17AT1U-T871E+U-!(&9A;'-E+U--(#`N,#(^/@UE;F1O8FH-
M,2`P(&]B:CP\+T9I<G-T(#,T-R],96YG=&@@-S8U+T9I;'1E<B]&;&%T941E
M8V]D92].(#0U+U1Y<&4O3V)J4W1M/CYS=')E86T-"GC:[)9;3QLQ$(7_BJ6^
MM`^MUV/O34*1PB4E`D)$4O4!]6%)3+HB[$9FTY9_WV-/*5#UI?-<*;L3VV>^
M\>5`7*I,5:IRJE:V-LIDRN$Q1A5%H0RIVJ%E55V7RC@,YWCE&(?"0&"*2AD,
M$:$37ZDB96IDV%I1S*P+19"ZW"K"4`XX643D$5`%81RI!6:`KZ9TI`B\*H,.
MO"J'#KP:Q2QX=>F4-4!;4OA05F?*`FU<I2P0E$&7(Q;0`6U1U):(%72Q)%YQ
M:@[SPLHHQWH<>`66&DL7)38`O!+%'7AE!1UX%1H.O#J##KRZ@`ZH#(MVV+JL
M+%2.$@:3R`UB3>K@0)]A;S-UI>=-\-VP#-YCGU]WS/R/X<P_*J.O^JV_:';Q
M#*)D^;CS>C&$_2KIKOI^&(TB\QISA2`>2PJ.0\ZAX%!RJ#BDHO%`4C`<F$),
M(:804X@IQ!1B"C'%,L4RQ3+%,L4RQ3+%,L4RQ3+%,L4QQ3'%,<4QQ3'%,<4Q
MQ3'%,<4Q)4^4+WJNTJA>Z(5?#?J\Z39O3V;O/QZ^2ULVV]\_7"=71W7JFG;;
MMO.+KPTV>=)N]L'KX]#OCIK=4_-R/T2)7NR:3I\N+\[?4#8/_K8/]\TP^+6>
MZ\7^YF$5VMW`HL5^Y\/+CN7E&,\1GDF*.,WVSO?[IV$<_6'_0Q^WW_1)M^[Z
MP>M9?$UPUL^M3]W:A^>I3/KMMO_NUZ?P1^R^>ZHUF<8B4ST)S;U/T%?+PV18
M,!K]=]"?#H(CQO$/-YKH3&4P5/7+4'\]^8W*4X5DI1>)1II(TD0K3732Q%R:
M6$@32VEB)4VLQ0:06T?L'2,VCQ&[QXCM8\3^,6(#&;&#C-A"1NPA$GN(Y/]_
MQ!XBL8=(["$2>XC$'B*QATCL(1)[R(H]9,4>LO(?,;&'K-A#5NPA*_:0%7O(
M_IN'<"-<^?'MX(/*/F3IHCG>MAM<48<F#/H2-^3'>`W]'-JA[387_=KK\["\
MX<3#R/6_,Z>X?W9#:N*6^J*58,_MT>BG``,`OA*/LPT*96YD<W1R96%M#65N
M9&]B:@TR(#`@;V)J/#PO3G5M<ULP(#,@,"!273X^#65N9&]B:@TS(#`@;V)J
M/#PO4R]$/CX-96YD;V)J#30@,"!O8FH\/"]#;W5N="`Q+U1Y<&4O4&%G97,O
M2VED<ULU-"`P(%)=/CX-96YD;V)J#34@,"!O8FH\/"]3=6)T>7!E+UA-3"],
M96YG=&@@-#,S-2]4>7!E+TUE=&%D871A/CYS=')E86T-"CP_>'!A8VME="!B
M96=I;CTB[[N_(B!I9#TB5S5-,$UP0V5H:4AZ<F53>DY48WIK8SED(C\^"CQX
M.GAM<&UE=&$@>&UL;G,Z>#TB861O8F4Z;G,Z;65T82\B('@Z>&UP=&L](C,N
M,2TW,#$B/@H@("`\<F1F.E)$1B!X;6QN<SIR9&8](FAT='`Z+R]W=W<N=S,N
M;W)G+S$Y.3DO,#(O,C(M<F1F+7-Y;G1A>"UN<R,B/@H@("`@("`\<F1F.D1E
M<V-R:7!T:6]N(')D9CIA8F]U=#TB(@H@("`@("`@("`@("!X;6QN<SIP9&8]
M(FAT='`Z+R]N<RYA9&]B92YC;VTO<&1F+S$N,R\B/@H@("`@("`@("`\<&1F
M.E!R;V1U8V5R/D%C<F]B870@1&ES=&EL;&5R(#<N,"`H5VEN9&]W<RD\+W!D
M9CI0<F]D=6-E<CX*("`@("`@/"]R9&8Z1&5S8W)I<'1I;VX^"B`@("`@(#QR
M9&8Z1&5S8W)I<'1I;VX@<F1F.F%B;W5T/2(B"B`@("`@("`@("`@('AM;&YS
M.G!D9G@](FAT='`Z+R]N<RYA9&]B92YC;VTO<&1F>"\Q+C,O(CX*("`@("`@
M("`@/'!D9G@Z0V]M<&%N>3Y314,\+W!D9G@Z0V]M<&%N>3X*("`@("`@("`@
M/'!D9G@Z4V]U<F-E36]D:69I960^1#HR,#`V,3`R-#$Y,C$S,3PO<&1F>#I3
M;W5R8V5-;V1I9FEE9#X*("`@("`@/"]R9&8Z1&5S8W)I<'1I;VX^"B`@("`@
M(#QR9&8Z1&5S8W)I<'1I;VX@<F1F.F%B;W5T/2(B"B`@("`@("`@("`@('AM
M;&YS.GAA<#TB:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O,2XP+R(^"B`@("`@
M("`@(#QX87`Z0W)E871O<E1O;VP^06-R;V)A="!01$9-86ME<B`W+C`@9F]R
M(%=O<F0\+WAA<#I#<F5A=&]R5&]O;#X*("`@("`@("`@/'AA<#I-;V1I9GE$
M871E/C(P,#8M,3`M,C14,34Z,C$Z-#,M,#0Z,#`\+WAA<#I-;V1I9GE$871E
M/@H@("`@("`@("`\>&%P.D-R96%T941A=&4^,C`P-BTQ,"TR-%0Q-3HR,3HT
M,2TP-#HP,#PO>&%P.D-R96%T941A=&4^"B`@("`@("`@(#QX87`Z365T861A
M=&%$871E/C(P,#8M,3`M,C14,34Z,C$Z-#,M,#0Z,#`\+WAA<#I-971A9&%T
M841A=&4^"B`@("`@(#PO<F1F.D1E<V-R:7!T:6]N/@H@("`@("`\<F1F.D1E
M<V-R:7!T:6]N(')D9CIA8F]U=#TB(@H@("`@("`@("`@("!X;6QN<SIX87!-
M33TB:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O,2XP+VUM+R(^"B`@("`@("`@
M(#QX87!-33I$;V-U;65N=$E$/G5U:60Z.#EE-&9D.3DM8C@R."TT-#%B+3EC
M8C@M8C8T8C`W834R86-A/"]X87!-33I$;V-U;65N=$E$/@H@("`@("`@("`\
M>&%P34TZ26YS=&%N8V5)1#YU=6ED.F-B.&$X-V5D+3`W-S(M-#-C-BUA-&)B
M+3DW,C<W830W8C<Y8SPO>&%P34TZ26YS=&%N8V5)1#X*("`@("`@("`@/'AA
M<$U-.E9E<G-I;VY)1#X*("`@("`@("`@("`@/')D9CI397$^"B`@("`@("`@
M("`@("`@(#QR9&8Z;&D^,3PO<F1F.FQI/@H@("`@("`@("`@("`\+W)D9CI3
M97$^"B`@("`@("`@(#PO>&%P34TZ5F5R<VEO;DE$/@H@("`@("`\+W)D9CI$
M97-C<FEP=&EO;CX*("`@("`@/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O=70]
M(B(*("`@("`@("`@("`@>&UL;G,Z9&,](FAT='`Z+R]P=7)L+F]R9R]D8R]E
M;&5M96YT<R\Q+C$O(CX*("`@("`@("`@/&1C.F9O<FUA=#YA<'!L:6-A=&EO
M;B]P9&8\+V1C.F9O<FUA=#X*("`@("`@("`@/&1C.G1I=&QE/@H@("`@("`@
M("`@("`\<F1F.D%L=#X*("`@("`@("`@("`@("`@/')D9CIL:2!X;6PZ;&%N
M9STB>"UD969A=6QT(CY-86EL(%-T;W`@-#4V,3PO<F1F.FQI/@H@("`@("`@
M("`@("`\+W)D9CI!;'0^"B`@("`@("`@(#PO9&,Z=&ET;&4^"B`@("`@("`@
M(#QD8SIC<F5A=&]R/@H@("`@("`@("`@("`\<F1F.E-E<3X*("`@("`@("`@
M("`@("`@/')D9CIL:3YS8VAO;&QH/"]R9&8Z;&D^"B`@("`@("`@("`@(#PO
M<F1F.E-E<3X*("`@("`@("`@/"]D8SIC<F5A=&]R/@H@("`@("`@("`\9&,Z
M<W5B:F5C=#X*("`@("`@("`@("`@/')D9CI397$^"B`@("`@("`@("`@("`@
M(#QR9&8Z;&DO/@H@("`@("`@("`@("`\+W)D9CI397$^"B`@("`@("`@(#PO
M9&,Z<W5B:F5C=#X*("`@("`@/"]R9&8Z1&5S8W)I<'1I;VX^"B`@("`@(#QR
M9&8Z1&5S8W)I<'1I;VX@<F1F.F%B;W5T/2(B"B`@("`@("`@("`@('AM;&YS
M.G!H;W1O<VAO<#TB:'1T<#HO+VYS+F%D;V)E+F-O;2]P:&]T;W-H;W`O,2XP
M+R(^"B`@("`@("`@(#QP:&]T;W-H;W`Z:&5A9&QI;F4^"B`@("`@("`@("`@
M(#QR9&8Z4V5Q/@H@("`@("`@("`@("`@("`\<F1F.FQI+SX*("`@("`@("`@
M("`@/"]R9&8Z4V5Q/@H@("`@("`@("`\+W!H;W1O<VAO<#IH96%D;&EN93X*
M("`@("`@/"]R9&8Z1&5S8W)I<'1I;VX^"B`@(#PO<F1F.E)$1CX*/"]X.GAM
M<&UE=&$^"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`*/#]X<&%C:V5T(&5N9#TB
M=R(_/@T*96YD<W1R96%M#65N9&]B:@TV(#`@;V)J/#PO0W)E871I;VY$871E
M*$0Z,C`P-C$P,C0Q-3(Q-#$M,#0G,#`G*2]!=71H;W(H<V-H;VQL:"DO0W)E
M871O<BA!8W)O8F%T(%!$1DUA:V5R(#<N,"!F;W(@5V]R9"DO4')O9'5C97(H
M06-R;V)A="!$:7-T:6QL97(@-RXP(%PH5VEN9&]W<UPI*2]-;V1$871E*$0Z
M,C`P-C$P,C0Q-3(Q-#,M,#0G,#`G*2]#;VUP86YY*%-%0RDO4V]U<F-E36]D
M:69I960H1#HR,#`V,3`R-#$Y,C$S,2DO5&ET;&4H36%I;"!3=&]P(#0U-C$I
M/CX-96YD;V)J#7AR968-"C`@-3(-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P
M,#`P-C8Q-2`P,#`P,"!N#0HP,#`P,#`W-#<U(#`P,#`P(&X-"C`P,#`P,#<U
M,#@@,#`P,#`@;@T*,#`P,#`P-S4S,2`P,#`P,"!N#0HP,#`P,#`W-3@R(#`P
M,#`P(&X-"C`P,#`P,3$Y.3,@,#`P,#`@;@T*,#`P,#`P,#`P,"`V-34S-2!F
M#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P
M,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P
M,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U
M-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F
M#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P
M,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P
M,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U
M-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F
M#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P
M,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P
M,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U
M-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F
M#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P
M,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P
M,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U
M-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F
M#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P
M,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P
M,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U
M-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*=')A:6QE<@T*/#PO4VEZ92`U
<,CX^#0IS=&%R='AR968-"C$Q-@T*)25%3T8-"C\_
`
end
</PDF>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----