-----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, ACJvQQ50k3qryBaT22UeXUDJG/vO7kcLJkuWoSqUc8Hu/qfVNTOI5VWiYFh9TO+p rIiHki+zu0mKjLmVHK2TzA== 0000795824-04-000006.txt : 20040126 0000795824-04-000006.hdr.sgml : 20040126 20040126170727 ACCESSION NUMBER: 0000795824-04-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 6 CONFORMED PERIOD OF REPORT: 20031231 ITEM INFORMATION: Other events FILED AS OF DATE: 20040126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NUTEK INC CENTRAL INDEX KEY: 0000795824 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 870374623 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-29087 FILM NUMBER: 04543935 BUSINESS ADDRESS: STREET 1: 6330 MCLEOD DRIVE, SUITE 1 CITY: LAS VEGAS STATE: NV ZIP: 89120 BUSINESS PHONE: 7022622061 MAIL ADDRESS: STREET 1: 6330 MCLEOD DRIVE, SUITE 1 CITY: LAS VEGAS STATE: NV ZIP: 89120 8-K 1 j8k012604.txt 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) January 26, 2004 NUTEK, INC. (Exact name of Registrant as specified in charter) Nevada 0-29087 87-0374623 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification) 6330 McLeod Drive, Suite 1, Las Vegas, NV 89120 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (702) 262-2061 ITEM 5. OTHER ITEMS On January 26, 2004, Nutek, Inc. (the "Company") issued a press release announcing that the Company would be changing the Corporation name to Datascension Inc., and require a mandatory share exchange. The Amended Bylaws of the Corporation additionally require all shares include the name of the beneficial owner of the shares. Mandatory Share Exchange The Corporation requires a mandatory exchange of the old stock certificate, with the name Nutek, Inc., for a new stock certificate, with the name Datascension, Inc., with the stipulations that (a) old stock certificates, with the old company name, will be void, shall not entitle the certificate holder to any of the rights of a shareholder or the Corporation, and shall be worthless, non-transferable and non-tradable in any public or private market or exchange beginning ninety (90) days after the date of the filing of the Certificate of Amendment of the Articles of Incorporation in the State of Nevada, and shall have no value except for the right to be exchanged for new stock certificates; and (b) physical exchange of the old stock certificates must be made exclusively by and through the Corporation's stock transfer agent in order to obtain a new stock certificate. Persons who hold their shares in brokerage accounts or "street name" would not be required to take any further actions to effect the exchange of their certificates. Instead, the holder of the certificate will be contacted. However, the Corporation requires that each new certificate representing shares of common stock of the Corporation specify and include the name of the beneficial owner of such shares and be mailed directly to that beneficial holder. No new certificates will be issued to a shareholder until the shareholder has surrendered the shareholder's outstanding certificate(s) to the exchange agent. Until surrender, each certificate representing shares before the name change would represent the right to exchange the certificate bearing the name of Nutek Inc., for a certificate bearing the name of Datascension Inc., only. Stockholders should not destroy any stock certificate and should not submit any certificates until instructed to by the Corporation. On November 7, 2003, the Board of Directors determined to change the name of the Company to Datascension Inc. and to change the Company's trading symbol to reflect the name change of the Company. The purpose of the name and proposed symbol change is to more accurately reflect the Company's business and its activities after the change. Item 7. Exhibits. 99.1 Press Release dated January 26, 2004. 99.2 Notification of Name change and Bylaw change to NASD. 99.3 Notification of Name change and Bylaw change to DTC. 99.4 Amendment to Certificate of Incorporation. 99.5 Amended Bylaws. SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 26, 2004 NUTEK, INC. By: /s/ Murray N. Conradie ------------------- Murray N. Conradie, President INDEX TO EXHIBITS Exhibit No. Description - ----------- ----------- 99.1 Press Release dated January 26, 2004. 99.2 Notification of Name change and Bylaw change to NASD. 99.3 Notification of Name change and Bylaw change to DTC. 99.4 Amendment to Certificate of Incorporation. 99.5 Amended Bylaws. EX-1 3 j1ex99.txt 99.1 Exhibit 99.1 Nutek Inc., changes Name to Datascension, Inc., And Requires Mandatory Exchange of Certificates. LAS VEGAS, January 26, 2004 -- Nutek Inc. (OTCBB:NUTK) today announced that it will change its name to Datascension, Inc. effective immediately. The Company's shareholders have overwhelmingly approved the name change. As required under the Securities and Exchange Commission rules and regulations, the Corporation could take no corporate action for 20 days from filing the recent Schedule 14C with the Commission. As the required 20 days have lapsed as of January 25, the name change and the procedures announced for the certificate exchange will take immediate effect. Additionally, the Corporation will file the amended Articles of Incorporation indicating the name change and Amended Bylaws adopted by the Board to require that stock certificates include the name of the beneficial owner. As part of the name change, all stock certificates representing shares of common stock of the Company must be exchanged for new certificates. The Company's stock has been given a new CUSIP number (238111 10 8) through the CUSIP Service Bureau, and a new trading symbol will be assigned. The exchange of certificates will be mandatory for all holders. The Company's transfer agent will notify brokers regarding the new CUSIP number and trading symbol and procedures for exchanging the certificates. Stockholders who hold stock certificates will be required to exchange their certificates. Stockholders who hold their shares in street name with a broker will not be required to take any action, unless their broker tells them otherwise. Instead, the brokers will exchange the certificates. The transfer agent will deliver new certificates back to the stockholders and brokers promptly. "We feel the name Datascension will better brand our Company in the public markets and we will change the wholly owned subsidiary's name to Datascension International, Inc. to identify with our overseas expansion," stated Murray Conradie, Datascension CEO. In conclusion Jason Griffith, Datascension CFO stated, "Although a reverse split was approved by the shareholders, the board has not yet determined when, or even if, a reverse should take place." Name Change and Mandatory Share Exchange Procedures The Corporation requires a mandatory exchange of the old stock certificate, with the name Nutek, Inc. for a new stock certificate, with the name Datascension, Inc., with the stipulations that (a) old stock certificates, with the old company name, will be void, shall not entitle the certificate holder to any of the rights of a shareholder or the Corporation, and shall be worthless, non-transferable and non-tradable in any public or private market or exchange beginning ninety (90) days after the date of the filing of the Certificate of Amendment of the Articles of Incorporation in the State of Nevada, and shall have no value except for the right to be exchanged for new stock certificates; and (b) physical exchange of the old stock certificates must be made exclusively by and through the Corporation's stock transfer agent in order to obtain a new stock certificate. Persons who hold their shares in brokerage accounts or "street name" would not be required to take any further actions to effect the exchange of their certificates, unless their broker tells them otherwise. Instead, the holder of the certificate will be contacted. Additionally, the Corporation's Amended Bylaws require that each new certificate representing shares of common stock of the Corporation specify and include the name of the beneficial owner of such shares. No new certificates will be issued to a shareholder until the shareholder has surrendered the shareholder's outstanding certificate(s) to the exchange agent. Until surrender, each certificate representing shares before the name change would represent the right to exchange the certificate bearing the name of Nutek Inc., for a certificate bearing the name of Datascension Inc., only. Stockholders should not destroy any stock certificate and should not submit any certificates until instructed to by the Corporation. About Datascension International Datascension International, a premier data solutions company headquartered in Brea, Calif., embodies a unique expertise in the collection, storage, processing and interpretation of marketing data. Employing hundreds of bilingual professionals, the company is quickly becoming one of the largest Spanish-speaking call centers. Datascension International's commitment to customer service, quality and on-time project management has fostered its world-class reputation among major market research firms and corporate market research departments. Further information is available at: www.datascension.com. Forward Looking Statements Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are forward-looking statements and information relating to the Company that is based on the beliefs of the management of the Company, as well as assumptions made by and information currently available to the management of the Company. Such statements reflect the current views of the Company with respect to future events, and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. The Company does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. CONTACT: Accentuate PR (Media) Julie Shepherd, 815-479-1833 julie@accentuatePR.com or Stock Enterprises (Investors) James Stock, 866-242-2405 stockenter@aol.com EX-2 4 j2ex99.txt 99.2 Exhibit 99.2 NuTek Inc. 6330 McLeod Drive, Suite 1 Las Vegas, NV 89120 January 26, 2004 Suzanne C. Macero Market Integrity NASDAQ Stock Market Department VIA FAX: (203) 502-5480 Dear Ms. Macero, Below are the answers related to your information request and our conversation earlier today: 1. Please state the old and new company name. The old company name was Nutek Inc. Our new company name is Datascension Inc. 2. Please provide the new CUSIP number. - You can apply for a new number by contacting the CUSIP Service Bureau at 212-438-6565 or you can apply online at www.cusip.com. The new CUSIP number is 238111 10 8. 3. Please indicate the effective date of the transaction if other than the filing date. The effective date is today, January 26, 2004. 4. Please provide the legal effective date the articles were filed with the Secretary of State. - Please include a stamped copy of the Articles of Amendment/Merger Certificate. * If a stamped copy is unavailable at the time of filing the amendment, please forward a copy once received from the Secretary of State. We will forward the stamped copy upon receipt. Attached is a copy of the document filed with the Nevada Secretary of State. 5. Please state whether shareholder approval is required and if the majority approved the transaction. Please provide an explanation if shareholder approval is not required. State law required shareholder approval and the majority approved the transaction. 6. Please specify the ratio and effective date of the stock split. - If there is not a split concurrent with a name change please indicate in your correspondence. There is no stock split related to this transaction. 7. Please provide Transfer Agent contact information. Attn. Sally Flaucher Transfer Online, Inc.(TM) 227 SW Pine Street, Suite 300 Portland, OR 97204 [P] 503.227.2950 [F] 503.227.6874 Additionally, we have amended our corporate bylaws related to the following: ARTICLE VI - CERTIFICATES FOR SHARES AND THEIR TRANSFER 1. FORM; SIGNATURE. The certificates for shares of the Corporation shall be in such form as shall be determined by the Board and shall be numbered consecutively and entered in the books of the Corporation as they are issued. Each certificate shall exhibit the registered holder's name and the number and class of shares, and shall be signed by the Chairman, if elected, President and the Treasurer or an Assistant Treasurer or the Secretary or an Assistant Secretary, and shall bear the seal of the Corporation, or a facsimile thereof. Where any such certificate is countersigned by a transfer agent, or registered by a registrar, the signature of any such officer may be a facsimile signature. In case any officer who signed, or whose facsimile signature or signatures were placed on any such certificate shall have ceased to be such officer before such certificate is issued, it may nevertheless be issued by the Corporation with the same effect as if he were such officer at the date of issue. Except as otherwise expressly prohibited by law, and, unless otherwise determined by the Board of Directors, each certificate for shares of the Corporation held by a record holder (including but not limited to any broker, dealer, voting trustee, bank, association or other entity that exercises fiduciary powers which holds securities of record in nominee name or otherwise or as a participant in a clearing agency registered pursuant to Section 17A of the Securities Act of 1934, as amended) shall include, in addition to the name of such record holder, the name of any beneficial owner or owners of such shares. For purposes of this Article VI, Section 1, a beneficial owner shall be any person who has or shares, pursuant to an instrument, agreement, or otherwise (i) voting power, which includes the power to vote, or to direct the voting of such security, and/or (ii) investment power, which includes the power to dispose, or to direct the disposition of, such security, as defined in SEC Rule 13d-3 (or any successor rule) under the rules and regulations of the Securities Exchange Act of 1934, as amended. 2. UNCERTIFICATED SHARES. The Corporation may issue stock in the form of uncertificated shares. Within a reasonable time after the issuance of uncertificated stock, the Corporation shall send to the registered owner thereof a written notice containing the information required to be set forth or stated on certificates pursuant to NRS 78.195, 78.1955, 78.196, 78.197, 78.235, 78.240, 78.242, 78.250 and 78.352, 78.355, 78.360 and/or 78.365 of Nevada Revised Statutes, as applicable, or a statement that the Corporation will furnish without charge to each shareholder who so requests the powers, designations, preferences and relative participating, option or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preference and/or rights. 3. SERIES OF STOCK. If the Corporation shall be authorized to issue more than one class of stock or more than one series of any class, the powers, designations, preferences and relative, participating, optional or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights shall be set forth in full or summarized on the face or back of the certificate, provided that, except as otherwise provided in NRS 78.242 of Nevada Revised Statutes, in lieu of the foregoing requirements, there may be set forth on the face or back of the certificate which the Corporation shall issue to represent such class or series of stock, a statement that the Corporation will furnish without charge to each shareholder who so requests the powers, designations, preferences and relative, participating, optional or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights. 4. LOST CERTIFICATES. The Board may direct a new share certificate or certificates to be issued in place of any certificate or certificates theretofore issued by the Corporation alleged to have been lost or destroyed, upon the making of an affidavit of that fact by the person claiming the certificate to be lost or destroyed. When authorizing such issue of a new certificate or certificates, the Board may, in its discretion and as a condition precedent to the issuance thereof, require the owner of such lost or destroyed certificate or certificates or his legal representative, to give the Corporation a bond in such sum as it may direct as indemnity against any claim that may be made against the Corporation with respect to the certificate alleged to have been lost or destroyed. 5. TRANSFER OF SHARES. Upon surrender to the Corporation or any transfer agent of the Corporation of a certificate for shares duly endorsed or accompanied by proper evidence of succession, assignment or authority to transfer, it shall be the duty of the Corporation or such transfer agent to issue a new certificate to the person entitled thereto, cancel the old certificate and record the transaction upon its books. Upon receipt of proper transfer instructions from the registered owner of uncertificated shares such uncertificated shares shall be cancelled and issuance of new equivalent uncertificated shares or certificated shares shall be made to the person entitled thereto and the transaction shall be recorded upon the books of the Corporation. 6. REGISTERED SHAREHOLDERS. Except as otherwise provided by law, the Corporation shall be entitled to recognize the exclusive right of a person registered on its books as the owner of shares to receive dividends or other distributions, and to vote as such owner, and to hold liable for calls and assessments a person registered on its books as the owner of shares, and shall not be bound to recognize any equitable or legal claim to or interest in such share or shares on the part of any other person. Please contact me if you have any questions related to this matter or need further information. Best regards, Nutek Inc. Jason F. Griffith, CPA Chief Financial Officer EX-3 5 j3ex99.txt 99.3 Exhibit 99.3 NuTek Inc. 6330 McLeod Drive, Suite 1 Las Vegas, NV 89120 January 26, 2004 The Depository Trust & Clearing Corporation (DTCC) 55 Water Street NY, New York 10041 Tel : (212) 855-5489 and 212-855-5486 Fax : (212) 855-5488 Attn :Mr. Joe Clark and Mr. Mike Ash Announcement Division RE : NAME CHANGE AND AMENDMENT TO BYLAWS Dear Mr. Clark and Mr. Ash, We are sending this letter per our conversations with the reorganization department related to the above referenced changes. I have used the same format required by the NASDAQ. 1. Please state the old and new company name. The old company name was Nutek Inc. Our new company name is Datascension Inc. 2. Please provide the new CUSIP number. - You can apply for a new number by contacting the CUSIP Service Bureau at 212-438-6565 or you can apply online at www.cusip.com. The new CUSIP number is 238111 10 8. 3. Please indicate the effective date of the transaction if other than the filing date. The effective date is today, January 26, 2004. 4. Please provide the legal effective date the articles were filed with the Secretary of State. - Please include a stamped copy of the Articles of Amendment/Merger Certificate. * If a stamped copy is unavailable at the time of filing the amendment, please forward a copy once received from the Secretary of State. We will forward the stamped copy upon receipt. Attached is a copy of the document filed with the Nevada Secretary of State. 5. Please state whether shareholder approval is required and if the majority approved the transaction. Please provide an explanation if shareholder approval is not required. State law required shareholder approval and the majority approved the transaction. 6. Please specify the ratio and effective date of the stock split. - If there is not a split concurrent with a name change please indicate in your correspondence. There is no stock split related to this transaction. 7. Please provide Transfer Agent contact information. Attn. Sally Flaucher Transfer Online, Inc.(TM) 227 SW Pine Street, Suite 300 Portland, OR 97204 [P] 503.227.2950 [F] 503.227.6874 Additionally, we have amended our corporate bylaws related to the following: ARTICLE VI - CERTIFICATES FOR SHARES AND THEIR TRANSFER 1. FORM; SIGNATURE. The certificates for shares of the Corporation shall be in such form as shall be determined by the Board and shall be numbered consecutively and entered in the books of the Corporation as they are issued. Each certificate shall exhibit the registered holder's name and the number and class of shares, and shall be signed by the Chairman, if elected, President and the Treasurer or an Assistant Treasurer or the Secretary or an Assistant Secretary, and shall bear the seal of the Corporation, or a facsimile thereof. Where any such certificate is countersigned by a transfer agent, or registered by a registrar, the signature of any such officer may be a facsimile signature. In case any officer who signed, or whose facsimile signature or signatures were placed on any such certificate shall have ceased to be such officer before such certificate is issued, it may nevertheless be issued by the Corporation with the same effect as if he were such officer at the date of issue. Except as otherwise expressly prohibited by law, and, unless otherwise determined by the Board of Directors, each certificate for shares of the Corporation held by a record holder (including but not limited to any broker, dealer, voting trustee, bank, association or other entity that exercises fiduciary powers which holds securities of record in nominee name or otherwise or as a participant in a clearing agency registered pursuant to Section 17A of the Securities Act of 1934, as amended) shall include, in addition to the name of such record holder, the name of any beneficial owner or owners of such shares. For purposes of this Article VI, Section 1, a beneficial owner shall be any person who has or shares, pursuant to an instrument, agreement, or otherwise (i) voting power, which includes the power to vote, or to direct the voting of such security, and/or (ii) investment power, which includes the power to dispose, or to direct the disposition of, such security, as defined in SEC Rule 13d-3 (or any successor rule) under the rules and regulations of the Securities Exchange Act of 1934, as amended. 2. UNCERTIFICATED SHARES. The Corporation may issue stock in the form of uncertificated shares. Within a reasonable time after the issuance of uncertificated stock, the Corporation shall send to the registered owner thereof a written notice containing the information required to be set forth or stated on certificates pursuant to NRS 78.195, 78.1955, 78.196, 78.197, 78.235, 78.240, 78.242, 78.250 and 78.352, 78.355, 78.360 and/or 78.365 of Nevada Revised Statutes, as applicable, or a statement that the Corporation will furnish without charge to each shareholder who so requests the powers, designations, preferences and relative participating, option or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preference and/or rights. 3. SERIES OF STOCK. If the Corporation shall be authorized to issue more than one class of stock or more than one series of any class, the powers, designations, preferences and relative, participating, optional or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights shall be set forth in full or summarized on the face or back of the certificate, provided that, except as otherwise provided in NRS 78.242 of Nevada Revised Statutes, in lieu of the foregoing requirements, there may be set forth on the face or back of the certificate which the Corporation shall issue to represent such class or series of stock, a statement that the Corporation will furnish without charge to each shareholder who so requests the powers, designations, preferences and relative, participating, optional or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights. 4. LOST CERTIFICATES. The Board may direct a new share certificate or certificates to be issued in place of any certificate or certificates theretofore issued by the Corporation alleged to have been lost or destroyed, upon the making of an affidavit of that fact by the person claiming the certificate to be lost or destroyed. When authorizing such issue of a new certificate or certificates, the Board may, in its discretion and as a condition precedent to the issuance thereof, require the owner of such lost or destroyed certificate or certificates or his legal representative, to give the Corporation a bond in such sum as it may direct as indemnity against any claim that may be made against the Corporation with respect to the certificate alleged to have been lost or destroyed. 5. TRANSFER OF SHARES. Upon surrender to the Corporation or any transfer agent of the Corporation of a certificate for shares duly endorsed or accompanied by proper evidence of succession, assignment or authority to transfer, it shall be the duty of the Corporation or such transfer agent to issue a new certificate to the person entitled thereto, cancel the old certificate and record the transaction upon its books. Upon receipt of proper transfer instructions from the registered owner of uncertificated shares such uncertificated shares shall be cancelled and issuance of new equivalent uncertificated shares or certificated shares shall be made to the person entitled thereto and the transaction shall be recorded upon the books of the Corporation. 6. REGISTERED SHAREHOLDERS. Except as otherwise provided by law, the Corporation shall be entitled to recognize the exclusive right of a person registered on its books as the owner of shares to receive dividends or other distributions, and to vote as such owner, and to hold liable for calls and assessments a person registered on its books as the owner of shares, and shall not be bound to recognize any equitable or legal claim to or interest in such share or shares on the part of any other person. Please contact me at 702-262-2061, ext. 232 if you have any questions about this or any other matter. Best regards, Nutek Inc. Murray N. Conradie President/CEO EX-4 6 j4ex99.txt 99.4 Exhibit 99.4 CERTIFICATE OF AMENDMENT OF CERTIFICATE OF INCORPORATION OF NUTEK, INC. Nutek, Inc., a corporation organized and existing under and by virtue of the General Corporation Law of the State of Nevada, Pursuant to the applicable provisions of the Nevada Business Corporation Act, Nutek, Inc. (the "Corporation" Adopts the following Articles of Amendment to its Articles of Incorporation by stating the following: The Board of Directors of said corporation at a meeting duly convened, held on the 5th day of January, 2004, adopted a resolution to amend the original article as follows: Article I is hereby amended to read as follows: "The name of the corporation is Datascension, Inc." The number of shares of the corporation outstanding and entitled to vote on an amendment to the Articles of Incorporation is 148,325,469; that the said change(s) and amendment have been consented to and approved by a majority vote of the stockholders holding at least a majority of each class of stock outstanding and entitled to vote thereon. IN WITNESS WHEREOF, said Nutek, Inc, has caused this Certificate to be executed, acknowledged and filed by its President this 26th day of January, 2004. NUTEK, INC. By: /s/ Murray N. Conradie --------------------------------------- Murray N. Conradie, CEO EX-5 7 j5ex99.txt 99.5 Exhibit 99.5 BY-LAWS OF SWISS TECHNIQUE, INC. (AS AMENDED AND RESTATED THROUGH JANUARY 15, 2004) ARTICLE I - OFFICES The principal office of the corporation in the State of Nevada shall be located at 6330 McLeod Drive, Suite 1, Las Vegas 89120. The corporation may have such other offices, either within or without the State of incorporation as the board of directors may designate or as the business of the corporation may from time to time require. ARTICLE II - STOCKHOLDERS 1. ANNUAL MEETING. The annual meeting of the stockholders shall be held on such date as is determined by the Board of Directors for the purpose of electing directors and for the transaction of such other business as may come before the meeting. 2. SPECIAL MEETINGS. Special meetings of the stockholders, for any purpose or purposes, unless otherwise prescribed by statute, may be called by the president or by the directors, and shall be called by the president at the request of the holders of not less than ten per cent of all the outstanding shares of the corporation entitled to vote at the meeting. 3. PLACE OF MEETING. The directors may designate any place, either within or without the State unless otherwise prescribed by statute, as the place of meeting for any annual meeting or for any special meeting called by the directors. A waiver of notice signed by all stockholders entitled to vote at a meeting may designate any place, either within or without the state unless otherwise prescribed by statute, as the place for holding such meeting. If no designation is made, or if a special meeting be otherwise called, the place of meeting shall be the principal office of the corporation. 4. NOTICE OF MEETING. Written or printed notice stating the place, day and hour of the meeting and, in case of a special meeting, the purpose or purposes for which the meeting is called, shall be delivered not less than ten nor more than thirty days before the date of the meeting, either personally or by mail, by or at the direction of the president, or the secretary, or the officer or persons calling the meeting, to each stockholder of record entitled to vote at such meeting. If mailed, such notice shall be deemed to be delivered when deposited in the United States mail, addressed to the stockholder at his address as it appears on the stock transfer books of the corporation, with postage thereon pre-paid. 5. CLOSING OF TRANSFER BOOKS OR FIXING OF RECORD DATE. For the purpose of determining stockholders entitled to notice of or to vote at any meeting of stockholders or any adjournment thereof, or stockholders entitled to receive payment of any dividend or in order to make a determination of stockholders for any other proper purpose, the directors of the corporation may provide that the stock transfer books shall be closed for a stated period but not to exceed, in any case, thirty days. If the stock transfer books shall be closed for the purpose of determining stockholders entitled to notice of or to vote at a meeting of stockholders, such books shall be closed for at least ten days immediately preceding such meeting. In lieu of closing the stock transfer books, the directors may fix in advance a date as the record date for any such determination of stockholders, such date in any case to be not more than thirty days and, in case of a meeting of stockholders, not less than ten days prior to the date on which the particular action requiring such determination of stockholders is to be taken. If the stock transfer books are not closed and no record date is fixed for the determination of stockholders entitled to notice of or to vote at a meeting of stockholders, or stockholders entitled to receive payment of a dividend, the date on which notice of the meeting is mailed or the date on which the resolution of the directors declaring such dividend is adopted, as the case may be, shall be the record date for such determination of stockholders. When a determination of stockholders entitled to vote at any meeting of stockholders has been made as provided in this section, such determination shall apply to any adjournment thereof. 6. VOTING LISTS. The officer or agent having charge of the stock transfer books for shares of the corporation shall make, at least ten days before each meeting of stockholders, a complete list of the stockholders entitled to vote at such meeting, or any adjournment thereof, arranged in alphabetical order, with: the address of and the number of shares held by each, which list, for a period of ten days prior to such meeting, shall be kept on file at the principal office of the corporation or transfer agent and shall be subject to inspection by any stockholder at any time during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to the inspection of any stockholder during the whole time of the meeting. The original stock transfer book shall be-prima facie evidence as to who are the stockholders entitled to examine such list or transfer books or to vote at the meeting of stockholders. 7. QUORUM. Unless otherwise provided by law, at any meeting of stockholders one-third of the outstanding shares of the corporation entitled to vote, represented in person or by proxy, shall constitute a quorum at a meeting of stockholders. If less than said number of the outstanding shares are represented at a meeting, a majority of the shares so represented may adjourn the meeting from time to time without further notice. At such adjourned meeting at which a quorum shall be present or represented, any business may be transacted which might have been transacted at the meeting as originally notified. The stockholders present at a duly organized meeting may continue to transact business until adjournment, notwithstanding the withdrawal of enough stockholders to leave less than a quorum. 8. PROXIES. At all meetings of stockholders, a stockholder may vote by proxy executed in writing by the stockholder or by his duly authorized attorney in fact. Such proxy shall be filed with the secretary of the corporation before or at the time of the meeting. 9. VOTING. Each stockholder entitled to vote in accordance with the terms and provisions of the certificate of incorporation and these by-laws shall be entitled to one vote, in person or by proxy, for each share of stock entitled to vote held by such stockholders. Upon the demand of any stockholder, the vote for directors and upon any question before the meeting shall be by ballot. All elections for directors shall be decided by plurality vote; all other questions shall be decided by majority vote except as otherwise provided by the Certificate of Incorporation or the laws of the state of Nevada 10. ORDER OF BUSINESS. The order of business at all meetings of the stockholders shall be as follows: 1. Roll Call. 2. Proof of notice of meeting or waiver of notice. 3. Reading of minutes of preceding meeting. 4. Reports of officers. 5. Reports of committees. 6. Election of Directors. 7. Unfinished Business. 8. New Business. 11. INFORMAL ACTION BY STOCKHOLDERS. Unless otherwise provided by law, any action required to be taken at a meeting of the shareholders, or any other action which may be taken at a meeting of the shareholders, may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by the same percentage of all of the shareholders entitled to vote with respect to the subject matter thereof as would be required to take such action at a meeting. ARTICLE III - BOARD OF DIRECTORS 1. GENERAL POWERS. The business and affairs of the corporation shall be managed by its board of directors. The directors shall in all cases act as a board, and they may adopt such rules and regulations for the conduct of their meetings and the management of the corporation, as they may deem proper, not inconsistent with these by- laws and the laws of this state. 2. NUMBER, TENURE AND QUALIFICATIONS. The number of directors of the corporation shall as established by the board of directors, but shall be no less than one. Each director shall hold office until the next annual meeting of stockholders and until his successor shall have been elected and qualified. 3. REGULAR MEETINGS. A regular meeting of the directors, shall be held without other notice than this by-law immediately after, and at the same place as, the annual meeting of stockholders. The directors may provide, by resolution; the time and place for the holding of additional regular meetings without other notice than such resolution. 4. SPECIAL MEETINGS. Special meetings of the directors may be called by or at the request of the president or any director. The person or persons authorized to call special meetings of the directors may fix the place for holding any special meeting of the directors called by them. 5. NOTICE. Notice of any special meeting shall be given at least two days previously thereto by written notice delivered personally, or by telegram or mailed to each director at his business address. If mailed, such notice shall be deemed to be delivered when deposited in the United States mail so addressed, with postage thereon prepaid. If notice be given by telegram, such notice shall be deemed to be delivered when the telegram is delivered to the telegraph company. The attendance of a director at a meeting shall constitute a waiver of notice of such meeting, except where a director attends a meeting for the express purpose of objecting to the transaction of any business because the meeting is not lawfully called or convened. 6. QUORUM. At any meeting of the directors a majority shall constitute a quorum for the transaction of business, but if less than said number is present at a meeting, a majority of the directors present may adjourn the meeting from time to time without further notice. 7. MANNER OF ACTING. The act of the majority of the directors present at a meeting at which a quorum is present shall be the act of the directors 8. NEWLY CREATED DIRECTORSHIPS AND VACANCIES. Newly created directorships resulting from an increase in the number of directors and vacancies occurring in the board for any reason except the removal of directors without cause may be filled by a vote of a majority of the directors then in office although less than a quorum exists. Vacancies occurring by reason of the removal of directors without cause shall be filled by vote of the stockholders. A director elected to fill a vacancy caused by resignation, death or removal shall be elected to hold office for the unexpired term of his predecessor. 9. REMOVAL OF DIRECTORS. Any or all of the directors may be removed for cause by vote of the stockholders or by action of the board. Directors may be removed without cause only by vote of the stockholders. 10. RESIGNATION. A director may resign at any time by giving written notice to the board, the president or the secretary of the corporation. Unless otherwise specified in the notice, the resignation shall take effect upon receipt thereof by the board or such officer, and the acceptance of the resignation shall not be necessary to make it effective. 11. COMPENSATION. No compensation shall be paid to directors, as such, for their services, but by resolution of the board a fixed sum and expenses for actual attendance at each regular or special meeting of the board may be authorized. Nothing herein contained shall be construed to preclude any director from serving the corporation in any other capacity and receiving compensation therefor. 12. PRESUMPTION OF ASSENT. A director of the corporation who is present at a meeting of the directors at which action on any corporate matter is taken shall be presumed to have assented to the action taken 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. 13. EXECUTIVE AND OTHER COMMITTEES. The board, by resolution, may designate from among its members an executive committee and other committees, each consisting of three or more directors. Each such committee shall serve at the pleasure of the board. ARTICLE IV - OFFICERS 1. NUMBER. The officers of the corporation shall be a president, a secretary and a treasurer, each of whom shall be elected by the directors. Such other officers and assistant officers as may be deemed necessary may be elected or appointed by the directors. 2. ELECTION AND TERM OF OFFICE. The officers of the corporation to be elected by the directors shall be elected annually at the first meeting of the directors held after each annual meeting of the stockholders. Each officer shall hold office until his successor shall have been duly elected and shall have qualified or until his death or until he shall resign or shall have been removed in the manner hereinafter provided. 3. REMOVAL. Any officer or agent elected or appointed by the directors may be removed by the directors whenever in their judgment the best interests of the corporation would be served thereby, but such removal shall be without prejudice to the contract rights, if any, of the person so removed. 4. VACANCIES. A vacancy in any office because of death, resignation, removal, disqualification or otherwise, may be filled by the directors for the unexpired portion of the term. 5. PRESIDENT. The president shall be the principal executive officer of the corporation and subject to the control of the directors, shall in general supervise and control all of the business and affairs of the corporation. He shall, when present, preside at all meetings of the stockholders and of the directors. He may sign, with the secretary or any other proper officer of the corporation thereunto authorized by the directors, certificates for shares of the corporation, and deeds, mortgages, bonds, contracts, or other instruments which the directors have authorized to be executed, except in cases where the signing and execution thereof shall be expressly delegated by the directors or by these by-laws to some other officer or agent of the corporation, or shall be required by law to be otherwise signed or executed; and in general shall perform all duties incident to the office of president and such other duties as may be prescribed by the directors from time to time. 6. VICE-PRESIDENT. In the absence of the president or in event of his death, inability or refusal to act, a vice-president may perform the duties of the president, and when so acting, shall have all the powers of and be subject to all the restrictions upon the president. A vice-president shall perform such other duties as from time to time may be assigned to him by the president or by the directors. 7. SECRETARY. The secretary shall keep the minutes of the stockholders and of the directors' meetings in one or more books provided for that purpose, see that all notices are duly given in accordance with the provisions of these by-laws or as required, be custodian of the corporate records and of the seal of the corporation and keep a register of the post office address of each stockholder which shall be furnished to the secretary by such stockholder, have general charge of the stock transfer books of the corporation and in general perform all duties incident to the office of secretary and such other duties as from time to time may be assigned to him by the president or by the directors. 8. TREASURER. If required by the directors, the treasurer shall give a bond for the faithful discharge of his duties in such sum and with such surety or sureties as the directors shall determine. He shall have charge and custody of and be responsible for all funds and securities of the corporation; receive and give receipts for moneys due and payable to the corporation from any source whatsoever, and deposit all such moneys in the name of the corporation in such banks, trust companies or other depositories as shall be selected in accordance with these by-laws and in general perform all of the duties incident to the office of treasurer and such other duties as from time to time may be assigned to him by the president or by the directors. 9. SALARIES. The salaries of the officers shall be fixed from time to time by the 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. ARTICLE V - CONTRACTS, LOANS CHECKS AND DEPOSITS 1. CONTRACTS. The directors may authorize any officer or officers, agent or agents, to enter into any contract or execute and deliver any instrument in the name of and on behalf of the corporation, and such authority may be general or confined to specific instances. 2. LOANS. Indebtedness shall be issued in its name unless authorized by a resolution of the directors. Such authority may be general or confined to specific instances. 3. CHECKS, DRAFTS, ETC. All checks, drafts or other orders for the payment of money, notes or other evidences of indebtedness issued in the name of the corporation, shall be signed by such officer or officers, agent or agents of the corporation and in such manner as shall from tine to time be determined by resolution of the directors. 4. DEPOSITS. All funds of the corporation not otherwise employed shall be deposited from time to time to the credit of the corporation in such banks, trust companies or other depositaries as the directors may select. ARTICLE VI - CERTIFICATES FOR SHARES AND THEIR TRANSFER 1. FORM; SIGNATURE. The certificates for shares of the Corporation shall be in such form as shall be determined by the Board and shall be numbered consecutively and entered in the books of the Corporation as they are issued. Each certificate shall exhibit the registered holder's name and the number and class of shares, and shall be signed by the Chairman, if elected, President and the Treasurer or an Assistant Treasurer or the Secretary or an Assistant Secretary, and shall bear the seal of the Corporation, or a facsimile thereof. Where any such certificate is countersigned by a transfer agent, or registered by a registrar, the signature of any such officer may be a facsimile signature. In case any officer who signed, or whose facsimile signature or signatures were placed on any such certificate shall have ceased to be such officer before such certificate is issued, it may nevertheless be issued by the Corporation with the same effect as if he were such officer at the date of issue. Except as otherwise expressly prohibited by law, and, unless otherwise determined by the Board of Directors, each certificate for shares of the Corporation held by a record holder (including but not limited to any broker, dealer, voting trustee, bank, association or other entity that exercises fiduciary powers which holds securities of record in nominee name or otherwise or as a participant in a clearing agency registered pursuant to Section 17A of the Securities Act of 1934, as amended) shall include, in addition to the name of such record holder, the name of any beneficial owner or owners of such shares. For purposes of this Article VI, Section 1, a beneficial owner shall be any person who has or shares, pursuant to an instrument, agreement, or otherwise (i) voting power, which includes the power to vote, or to direct the voting of such security, and/or (ii) investment power, which includes the power to dispose, or to direct the disposition of, such security, as defined in SEC Rule 13d-3 (or any successor rule) under the rules and regulations of the Securities Exchange Act of 1934, as amended. 2. UNCERTIFICATED SHARES. The Corporation may issue stock in the form of uncertificated shares. Within a reasonable time after the issuance of uncertificated stock, the Corporation shall send to the registered owner thereof a written notice containing the information required to be set forth or stated on certificates pursuant to NRS 78.195, 78.1955, 78.196, 78.197, 78.235, 78.240, 78.242, 78.250 and 78.352, 78.355, 78.360 and/or 78.365 of Nevada Revised Statutes, as applicable, or a statement that the Corporation will furnish without charge to each shareholder who so requests the powers, designations, preferences and relative participating, option or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preference and/or rights. 3. SERIES OF STOCK. If the Corporation shall be authorized to issue more than one class of stock or more than one series of any class, the powers, designations, preferences and relative, participating, optional or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights shall be set forth in full or summarized on the face or back of the certificate, provided that, except as otherwise provided in NRS 78.242 of Nevada Revised Statutes, in lieu of the foregoing requirements, there may be set forth on the face or back of the certificate which the Corporation shall issue to represent such class or series of stock, a statement that the Corporation will furnish without charge to each shareholder who so requests the powers, designations, preferences and relative, participating, optional or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights. 4. LOST CERTIFICATES. The Board may direct a new share certificate or certificates to be issued in place of any certificate or certificates theretofore issued by the Corporation alleged to have been lost or destroyed, upon the making of an affidavit of that fact by the person claiming the certificate to be lost or destroyed. When authorizing such issue of a new certificate or certificates, the Board may, in its discretion and as a condition precedent to the issuance thereof, require the owner of such lost or destroyed certificate or certificates or his legal representative, to give the Corporation a bond in such sum as it may direct as indemnity against any claim that may be made against the Corporation with respect to the certificate alleged to have been lost or destroyed. 5. TRANSFER OF SHARES. Upon surrender to the Corporation or any transfer agent of the Corporation of a certificate for shares duly endorsed or accompanied by proper evidence of succession, assignment or authority to transfer, it shall be the duty of the Corporation or such transfer agent to issue a new certificate to the person entitled thereto, cancel the old certificate and record the transaction upon its books. Upon receipt of proper transfer instructions from the registered owner of uncertificated shares such uncertificated shares shall be cancelled and issuance of new equivalent uncertificated shares or certificated shares shall be made to the person entitled thereto and the transaction shall be recorded upon the books of the Corporation. 6. REGISTERED SHAREHOLDERS. Except as otherwise provided by law, the Corporation shall be entitled to recognize the exclusive right of a person registered on its books as the owner of shares to receive dividends or other distributions, and to vote as such owner, and to hold liable for calls and assessments a person registered on its books as the owner of shares, and shall not be bound to recognize any equitable or legal claim to or interest in such share or shares on the part of any other person. ARTICLE VII - FISCAL YEAR The fiscal year of the corporation shall end on the last day of such month in each year as the directors may prescribe. ARTICLE VIII - DIVIDENDS The directors may from time to time declare, and the corporation may pay, dividends on its outstanding shares in the manner and upon the terms and conditions provided by law. ARTICLE IX - SEAL The directors may at their discretion provide a corporate seal which shall have inscribed thereon the name of the corporation, the state of incorporation and the words, "corporate seal". ARTICLE X - WAIVER OF NOTICE Unless otherwise provided by 1aw, whenever any notice is required to be given to any stockholder or director of the corporation under the provisions of these by-laws or under the provisions of the articles of incorporation, a waiver thereof in writing, signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice. ARTICLE XI - AMENDMENTS These by-laws may be altered, amended or repealed and new by-laws may be adopted by action of the Board of Directors. -----END PRIVACY-ENHANCED MESSAGE-----