-----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,
 JO+kfhwaccjcHYI3KOr3+YtAk6ZTiN1dH7wBFsc+xklopmc5dey8vveh4R/djfEC
 ZQ3mtS3NecTAvAyIrgHvcQ==

<SEC-DOCUMENT>0000000000-07-023805.txt : 20070619
<SEC-HEADER>0000000000-07-023805.hdr.sgml : 20070619
<ACCEPTANCE-DATETIME>20070511115927
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-07-023805
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20070511

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BALDWIN TECHNOLOGY CO INC
		CENTRAL INDEX KEY:			0000805792
		STANDARD INDUSTRIAL CLASSIFICATION:	PRINTING TRADES MACHINERY & EQUIPMENT [3555]
		IRS NUMBER:				133258160
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		2 TRAP FALLS ROAD
		STREET 2:		SUITE 402
		CITY:			SHELTON
		STATE:			CT
		ZIP:			06484
		BUSINESS PHONE:		2034021000

	MAIL ADDRESS:	
		STREET 1:		2 TRAP FALLS ROAD
		STREET 2:		SUITE 402
		CITY:			SHELTON
		STATE:			CT
		ZIP:			06484
PUBLIC REFERENCE ACCESSION NUMBER:		0000950123-06-012078
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
begin 644 filename1.pdf
M)5!$1BTQ+C0-)>+CS],-"C4W(#`@;V)J(#P\+TQI;F5A<FEZ960@,2],(#$S
M-S0Q+T\@-3DO12`V-S<Y+TX@,2]4(#$R-34T+T@@6R`U-38@,3<V73X^#65N
M9&]B:@T@("`@("`@("`@("`@("`@("`@#0IX<F5F#0HU-R`Q,PT*,#`P,#`P
M,#`Q-B`P,#`P,"!N#0HP,#`P,#`P.#DX(#`P,#`P(&X-"C`P,#`P,#$Q-C,@
M,#`P,#`@;@T*,#`P,#`P,30P-2`P,#`P,"!N#0HP,#`P,#`Q.#4X(#`P,#`P
M(&X-"C`P,#`P,#$X.3(@,#`P,#`@;@T*,#`P,#`P,S$Q-B`P,#`P,"!N#0HP
M,#`P,#`S-30T(#`P,#`P(&X-"C`P,#`P,#8R,3,@,#`P,#`@;@T*,#`P,#`P
M-C0U-2`P,#`P,"!N#0HP,#`P,#`V-S`S(#`P,#`P(&X-"C`P,#`P,#`W,S(@
M,#`P,#`@;@T*,#`P,#`P,#4U-B`P,#`P,"!N#0IT<F%I;&5R#0H\/"]3:7IE
M(#<P+U!R978@,3(U-#,O6%)E9E-T;2`W,S(O4F]O="`U."`P(%(O26YF;R`V
M(#`@4B])1%L\0D5%.40P-S`P1$$W140T0S<S-$8Y-#!"145&0S$P040^/#DQ
M1D$R0C=!,C8W.#4X-#)!1$8X,S<V,T%%-#,R.#@X/ET^/@T*<W1A<G1X<F5F
M#0HP#0HE)45/1@T*("`-"C8Y(#`@;V)J/#PO3&5N9W1H(#@W+T,@.34O1FEL
M=&5R+T9L871E1&5C;V1E+TD@,3$W+TP@-SDO4R`S.3X^<W1R96%M#0IXVF)@
M8.!D8&"^S0`$HA\84`$3$+,P<!Q@,$`2Y(1B!@8E!AY>QL4,+,LD5GGS,EQC
M6@#3)%L&U6P!Q(P,#)*G(33S:K@I;`P,^J80448I@``#`*B%"@$-"F5N9'-T
M<F5A;0UE;F1O8FH--C@@,"!O8FH\/"],96YG=&@@,C`O1FEL=&5R+T9L871E
M1&5C;V1E+U=;,2`Q(#%=+TEN9&5X6S<@-3!=+T1E8V]D95!A<FUS/#PO0V]L
M=6UN<R`S+U!R961I8W1O<B`Q,CX^+U-I>F4@-3<O5'EP92]84F5F/CYS=')E
M86T-"GC:8F)B9&!B8&`<ZA@@P``]A0"9#0IE;F1S=')E86T-96YD;V)J#34X
M(#`@;V)J/#PO36%R:TEN9F\\/"],971T97)S<&%C949L86=S(#`O36%R:V5D
M('1R=64^/B]-971A9&%T82`U(#`@4B]0:65C94EN9F\\/"]-87)K96101$8\
M/"],87-T36]D:69I960H1#HR,#`W,#4Q,3$Q,3<P,BD^/CX^+U!A9V5S(#0@
M,"!2+U!A9V5,87EO=70O3VYE0V]L=6UN+U-T<G5C=%1R9652;V]T(#<@,"!2
M+U1Y<&4O0V%T86QO9R],86YG*$5.+553*2],87-T36]D:69I960H1#HR,#`W
M,#4Q,3$Q,3<P,BDO4&%G94QA8F5L<R`R(#`@4CX^#65N9&]B:@TU.2`P(&]B
M:CP\+T-R;W!";WA;,"`P(#8Q,B`W.3)=+U!A<F5N="`T(#`@4B]3=')U8W10
M87)E;G1S(#`O0V]N=&5N=',@-C(@,"!2+U)O=&%T92`P+TUE9&EA0F]X6S`@
M,"`V,3(@-SDR72]297-O=7)C97,\/"]#;VQO<E-P86-E/#PO0U,P(#8Q(#`@
M4CX^+T9O;G0\/"]45#`@-C`@,"!2+U14,2`V,R`P(%(^/B]0<F]C4V5T6R]0
M1$8O5&5X=%TO17AT1U-T871E/#PO1U,P(#8W(#`@4CX^/CXO5'EP92]086=E
M/CX-96YD;V)J#38P(#`@;V)J/#PO4W5B='EP92]4<G5E5'EP92]&;VYT1&5S
M8W)I<'1O<B`V-2`P(%(O3&%S=$-H87(@,3(Q+U=I9'1H<ULR-3`@,"`P(#`@
M,"`P(#`@,"`S,S,@,S,S(#`@,"`R-3`@,S,S(#(U,"`P(#4P,"`U,#`@-3`P
M(#4P,"`U,#`@-3`P(#4P,"`U,#`@-3`P(#`@,C<X(#`@,"`P(#`@,"`P(#<R
M,B`V-C<@-C8W(#<R,B`V,3$@-34V(#<R,B`P(#,S,R`S.#D@-S(R(#`@.#@Y
M(#<R,B`W,C(@,"`P(#8V-R`U-38@-C$Q(#<R,B`W,C(@.30T(#<R,B`P(#`@
M,S,S(#`@,S,S(#`@,"`P(#0T-"`P(#0T-"`U,#`@-#0T(#,S,R`U,#`@-3`P
M(#(W."`P(#`@,C<X(#<W."`U,#`@-3`P(#4P,"`P(#,S,R`S.#D@,C<X(#4P
M,"`U,#`@-S(R(#4P,"`U,#!=+T)A<V5&;VYT+U1I;65S3F5W4F]M86Y04TU4
M+T9I<G-T0VAA<B`S,B]%;F-O9&EN9R]7:6Y!;G-I16YC;V1I;F<O5'EP92]&
M;VYT/CX-96YD;V)J#38Q(#`@;V)J6R])0T-"87-E9"`V-"`P(%)=#65N9&]B
M:@TV,B`P(&]B:CP\+TQE;F=T:"`Q,34T+T9I;'1E<B]&;&%T941E8V]D93X^
M<W1R96%M#0I(B:17VVZC2!!]]U?4(ZP,Z1NWT6BDQ$E&DY%G=\?L1<K,`XO;
M"2L"$>#)>K]^J\'$%[J-HW4B-72CTZ>J3E577_P"[]]?S&>?KH'`AP]7US.8
M7,P6!-(:)]0?U&DQH9#A_$><?Z@G5_'D(HX)4(A7$P)QBE_%+^K3N`9*U/BO
MFJJ`LA8"AP#_2>A&/L1/$POL^._)33RYF:OM=A1H3^%@BP,4/_)<>AJ%G8$2
M4I>?1N%GH/B!ZYU&$6>@>-P-3J-X9Z#P:,R[OA:%N8&G8GB(QOQ7+X,)+]#B
MD2$89;VSYTF6PZ(IG\$GE)B`PW%SO2@<<WUT!DHHQEQ/B=Y*EQ#"E*E.__BR
M9S6+(E?XX`6D#\H\V2#6%!@A@7$OO?YW*79(W@O&,H&>D0J>X&.I0/6Y<.0#
MRH846;2-TKWU459)OH1+%[XDS:.<PNPQDRNX^4>FZR;[(>%G.[!6JRR5%=C?
MXSLM$7TZM43$+AAB2(1ZVT#?6U=(XR4K();I8U'FY<,&9N63'5K/2;&9PJ<B
M=<T$])G8[DI?"3`Z)$!HKP1T4Y4\PVV2YS5\+9/E%!;KK)$@T)FF".ASU]EM
MW#\=[2O"L!?)XE'F35F@X\NBD&F3H=\!B"]"8=SV1(H/!2D"H5?2`CV[P]1G
MM[-34_L4#.%]TJ?\[UD"O\$"VG*2%$NXO?P3[N&;Q0C_9BM'.IZ'!]'W?1H*
MP@M=7V`.<C40UX=*3E8'%NNKALEBX8_5#Z:O'X<PG(W5;G94&J@.AD:NTKX2
M.=@."SQB?97O\)$R?&QUCSF6X9*EY&\[OK6?`CO]M_+?.R+PL*3*_.4)@DQ+
M\+A.:L)*/)<=L>['V[)ZPJKI?(9560%6#5AE=9KDL)%)!;)8RB7<K0L)O*NL
M/A@SEW$S/[[CQP?\>$1=<8*?:GF<7UN""_G<R*>_L(!QTLKR6J;;=SK*3^CY
MZ87'@T`I6$\JRR5\*5T`ZD2<"_.69[05W.>CTM37ID,8C[BHD),PAEHS'B#N
MNZ+#OE:RF%?;(^:=<2M]"3+YFC'7'^%NJ!J'W(?5F6-+'++],%+K#PF/"1Z'
M*29D+AM4>+FNL$[]R.0+E"O8J%<EO#:LG5,BA8Q92K"5:],4X5"5MA-8GULA
M5C)/%-0JR[/BH59SMF?!LH2B;*:0-)A<.)'51K'P$WV0MPN/-["18<-.MC8V
MF3IG\>QO+<1R`ZMUA9&JE+7M4M'4YM.7OZD_8MCCCVB.Z_NCKB4^AL-F7_2Q
M`GN;<B:F^HZI[[4U9/$2X+^B=[^%W0HBPT&$5M%MF:JWR)+=4'5KZLT35MZ]
M;;HOIV,<#<W4H']G>+4(1QQY1BEA>*<@(S!ON*(PO%6P(X_-.Z\D!\YIE!_X
MD1NW`;SM7.P>3-[M4-"I3VH(>X?7W6!VZHDJUAZ#:(N(PD'\*=YGQ''\99'A
MJ=*1NJSKK&Z2HMF^=]WS=BU-RW71+9IXO:GD4;P7C90\KB]YVE!1O`;U`NI_
M!EAQ1KM$\>)#CN!>,0DXU,4V/;[6K<8__=_9GO-_`@P`>F?"=`T*96YD<W1R
M96%M#65N9&]B:@TV,R`P(&]B:CP\+U-U8G1Y<&4O5')U951Y<&4O1F]N=$1E
M<V-R:7!T;W(@-C8@,"!2+TQA<W1#:&%R(#$R,2]7:61T:'-;,C4P(#`@,"`P
M(#`@,"`P(#`@,"`P(#`@,"`R-3`@,S,S(#(U,"`P(#4P,"`U,#`@-3`P(#4P
M,"`U,#`@,"`U,#`@,"`P(#4P,"`S,S,@,"`P(#`@,"`P(#`@,"`V-C<@-S(R
M(#<R,B`P(#8Q,2`P(#`@,S@Y(#4P,"`W-S@@,"`P(#<R,B`P(#`@-S<X(#<R
M,B`U-38@-C8W(#`@,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#4P,"`U-38@-#0T
M(#4U-B`T-#0@,S,S(#4P,"`U-38@,C<X(#`@,"`R-S@@.#,S(#4U-B`U,#`@
M-34V(#`@-#0T(#,X.2`S,S,@-34V(#`@-S(R(#`@-3`P72]"87-E1F]N="]4
M:6UE<TYE=U)O;6%N4%,M0F]L9$U4+T9I<G-T0VAA<B`S,B]%;F-O9&EN9R]7
M:6Y!;G-I16YC;V1I;F<O5'EP92]&;VYT/CX-96YD;V)J#38T(#`@;V)J/#PO
M3&5N9W1H(#(U-S4O1FEL=&5R+T9L871E1&5C;V1E+TX@,R]!;'1E<FYA=&4O
M1&5V:6-E4D="/CYS=')E86T-"DB)G)9Y5%-W%L=_;\F>D)6PPV,-6X"P!I`U
M;&&1'011"$D(`1)"2-@%040%%$5$A*J5,M9M=$9/19TNKF.M#M9]ZM(#]3#J
MZ#BT%M>.G1<X1YU.9Z;3[Q_O]SGW=^_OW=^]]YWS`*`GI:JUU3`+`(W6H,]*
MC,46%11BI`D``PH@`A$`,GFM+BT[(0?@DL9+L%K<"?R+GEX'D&F](DS*P##P
M_XDMU^D-`$`9.`<HE+5RG#MQKJHWZ$SV&9QYI94FAE$3Z_$$<;8TL6J>O>=\
MYCG:Q`J-5H&S*6>=0J,P\6F<5]<9E3@CJ3AWU:F5]3A?Q=FERJA1X_S<%*M1
MRFH!0.DFNT$I+\?9#V>Z/B=+@O,"`,ATU3M<^@X;E`T&TZ4DU;I&O5I5;L#<
MY1Z8*#14C"4IZZN4!H,P0R:OE.D5F*1:HY-I&P&8O_.<.*;:8GB1@T6AP<%"
M?Q_1.X7ZKYN_4*;>SM.3S+F>0?P+;VT_YU<]"H!X%J_-^K>VTBT`C*\$P/+F
M6YO+^P`P\;X=OOC.??BF>2DW&'1AOK[U]?4^:J7<QU30-_J?#K]`[[S/QW3<
MF_)@<<HRF;'*@)GJ)J^NJC;JL5J=3*[$A#\=XE\=^/-Y>&<IRY1ZI1:/R,.G
M3*U5X>W6*M0&=;464VO_4Q-_9=A/-#_7N+ACKP&OV`>P+O(`\K<+`.72`%*T
M#=^!WO0ME9(',O`UW^'>_-S/"?KW4^$^TZ-6K9J+DV3E8'*COFY^S_19`@*@
M`B;@`2M@#YR!.Q`"?Q`"PD$TB`?)(!WD@`*P%,A!.=``/:@'+:`==($>L!YL
M`L-@.Q@#N\%^<!",@X_!"?!'<!Y\":Z!6V`23(.'8`8\!:\@"")!#(@+64$.
MD"OD!?E#8B@2BH=2H2RH`"J!5)`6,D(MT`JH!^J'AJ$=T&[H]]!1Z`1T#KH$
M?05-00^@[Z"7,`+381YL![O!OK`8CH%3X!QX":R":^`FN!->!P_!H_`^^#!\
M`CX/7X,GX8?P+`(0&L)''!$A(D8D2#I2B)0A>J05Z48&D5%D/W(,.8M<02:1
M1\@+E(AR40P5HN%H$IJ+RM$:M!7M18?17>AA]#1Z!9U"9]#7!`;!EN!%""-(
M"8L(*D(]H8LP2-A)^(APAG"-,$UX2B02^40!,8281"P@5A";B;W$K<0#Q./$
M2\2[Q%D2B61%\B)%D-)),I*!U$7:0MI'^HQTF31->DZFD1W(_N0$<B%92^X@
M#Y+WD#\E7R;?([^BL"BNE#!*.D5!::3T4<8HQR@7*=.45U0V54"-H.90*ZCM
MU"'J?NH9ZFWJ$QJ-YD0+I672U+3EM"':[VB?TZ9H+^@<NB==0B^B&^GKZ!_2
MC]._HC]A,!ANC&A&(</`6,?8S3C%^)KQW(QKYF,F-5.8M9F-F!TVNVSVF$EA
MNC)CF$N93<Q!YB'F1>8C%H7EQI*P9*Q6U@CK*.L&:Y;-98O8Z6P-NY>]AWV.
M?9]#XKAQXCD*3B?G`\XISETNPG7F2KAR[@KN&/<,=YI'Y`EX4EX%KX?W6]X$
M;\:<8QYHGF?>8#YB_HGY)!_AN_&E_"I^'_\@_SK_I86=18R%TF*-Q7Z+RQ;/
M+&TLHRV5EMV6!RRO6;ZTPJSBK2JM-EB-6]VQ1JT]K3.MZZVW69^Q?F3#LPFW
MD=MTVQRTN6D+VWK:9MDVVWY@>\%VUL[>+M%.9[?%[I3=(WN^?;1]A?V`_:?V
M#QRX#I$.:H<!A\\<_HJ98S%8%3:$G<9F'&T=DQR-CCL<)QQ?.0F<<ITZG`XX
MW7&F.HN=RYP'G$\ZS[@XN*2YM+CL=;GI2G$5NY:[;G8]Z_K,3>"6[[;*;=SM
MOL!2(!4T"?8*;KLSW*/<:]Q'W:]Z$#W$'I4>6SV^](0]@SS+/4<\+WK!7L%>
M:J^M7I>\"=ZAWEKO4>\;0KHP1E@GW"N<\N'[I/IT^(S[//9U\2WTW>![UO>U
M7Y!?E=^8WRT11Y0LZA`=$WWG[^DO]Q_QOQK`"$@(:`LX$O!MH%>@,G!;X)^#
MN$%I0:N"3@;](S@D6!^\/_A!B$M(2<A[(3?$/'&&N%?\>2@A-#:T+?3CT!=A
MP6&&L(-A?P\7AE>&[PF_OT"P0+E@;,'="*<(6<2.B,E(++(D\OW(R2C'*%G4
M:-0WT<[1BNB=T?=B/&(J8O;%/([UB]7'?A3[3!(F628Y'H?$)<9UQTW$<^)S
MXX?COTYP2E`E[$V820Q*;$X\GD1(2DG:D'1#:B>52W=+9Y)#DI<EGTZAIV2G
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M3P"D`5O^F+B9))F0F?R::)K5FT*;KYP<G(F<]YUDG=*>0)ZNGQV?BY_ZH&F@
MV*%'H;:B)J*6HP:C=J/FI%:DQZ4XI:FF&J:+IOVG;J?@J%*HQ*DWJ:FJ'*J/
MJP*K=:OIK%RLT*U$K;BN+:ZAKQ:OB[``L'6PZK%@L=:R2[+"LSBSKK0EM)RU
M$[6*M@&V>;;PMVBWX+A9N-&Y2KG"NCNZM;LNNZ>\(;R;O16]C[X*OH2^_[]Z
MO_7`<,#LP6?!X\)?PMO#6,/4Q%'$SL5+Q<C&1L;#QT''O\@]R+S).LFYRCC*
MM\LVR[;,-<RUS37-M<XVSK;/-\^XT#G0NM$\T;[2/]+!TT33QM1)U,O53M71
MUE76V-=<U^#89-CHV6S9\=IVVOO;@-P%W(K=$-V6WAS>HM\IWZ_@-N"]X43A
MS.)3XMOC8^/KY'/D_.6$Y@WFEN<?YZGH,NB\Z4;IT.I;ZN7K<.O[[(;M$>V<
M[BCNM.]`[\SP6/#E\7+Q__*,\QGSI_0T],+U4/7>]FWV^_>*^!GXJ/DX^<?Z
M5_KG^W?\!_R8_2G]NOY+_MS_;?__`@P`]X3S^PH-"F5N9'-T<F5A;0UE;F1O
M8FH--C4@,"!O8FH\/"]3=&5M5B`X,B]&;VYT3F%M92]4:6UE<TYE=U)O;6%N
M4%--5"]&;VYT4W1R971C:"].;W)M86PO1F]N=%=E:6=H="`T,#`O1FQA9W,@
M,S0O1&5S8V5N="`M,C$V+T9O;G1"0F]X6RTU-C@@+3,P-R`R,#`P(#$P,#==
M+T%S8V5N="`X.3$O1F]N=$9A;6EL>2A4:6UE<R!.97<@4F]M86XI+T-A<$AE
M:6=H="`V-38O6$AE:6=H="`M-30V+U1Y<&4O1F]N=$1E<V-R:7!T;W(O271A
M;&EC06YG;&4@,#X^#65N9&]B:@TV-B`P(&]B:CP\+U-T96U6(#$S-B]&;VYT
M3F%M92]4:6UE<TYE=U)O;6%N4%,M0F]L9$U4+T9O;G13=')E=&-H+TYO<FUA
M;"]&;VYT5V5I9VAT(#<P,"]&;&%G<R`S-"]$97-C96YT("TR,38O1F]N=$)"
M;WA;+34U."`M,S`W(#(P,#`@,3`R-ETO07-C96YT(#@Y,2]&;VYT1F%M:6QY
M*%1I;65S($YE=R!2;VUA;BDO0V%P2&5I9VAT(#8U-B]82&5I9VAT("TU-#8O
M5'EP92]&;VYT1&5S8W)I<'1O<B])=&%L:6-!;F=L92`P/CX-96YD;V)J#38W
M(#`@;V)J/#PO3U!-(#$O3U`@9F%L<V4O;W`@9F%L<V4O5'EP92]%>'1'4W1A
M=&4O4T$@9F%L<V4O4TT@,"XP,CX^#65N9&]B:@TQ(#`@;V)J/#PO1FER<W0@
M,S@W+TQE;F=T:"`X-#0O1FEL=&5R+T9L871E1&5C;V1E+TX@-3`O5'EP92]/
M8FI3=&T^/G-T<F5A;0T*>-K,EEM/%$$0A?]*/>J#]O1M+HDAX;9*4"`LQ@?"
MP[`TZX1E9M/.JOQ[3W>Q+FA4ZL%HPE!4S^FOJ^;T#%U10375CAIRA2==D#..
MM*:RK$@;:CP&+35-0QKCA;.DDZS&W1(ZJTGC3UUAL,8$#1U^3&G)%)A95&0@
ML5Z3,8B-)P.$<P6E=5R-'%.]10Z>!\<D-"8;\,H2.7@5"H,$RWA*2]:%(PM>
M[1JRX-4-<O`:BQR\!AW9$B5@LD4)186\1BDH#A*C2T>I!%.@[U2:1VX0T2=:
M--8A=X@U<I3@`'?@N0HY>![%._!\B1R\$@_'IQ9\0ZG5"O5Y\"K<].!5J`]+
MF`8/S:>6&DV^1$MHZM4K=0@/"CI5)VT,_7@60X`?CP>.PM?Q,-R15J?#(KQK
ME\FK)#F[6P8U'>-JEG6GPS!N;27F.>R#(-F7@^/@.90<*@XUA[QH,BX'S8$I
MABF&*88IABF&*88IABF>)98IEBF6*98I]E["%,L4RQ3+%,>U.*8XICBF.*8X
MICBF.*8XIKC[6ICBF>(SY4*=4-:JJ9J&V:C>MOW\V?[1B]<[S_,#/%K=?CHO
MTKN0U'GHH%]T?9A^;/'()]U\%8/:B\-RMUVNT^/5F"1JNFQ[-5U=?IK%;CFN
MTV6(#P?.CK=Q[>*:Y`@7NYLPK-:W8?G.\%7M=9_5T1!OVX4Z4?O]53^,`0/X
M-8'9F^Q]?Q7B9O7)L%@,7\+5&VR0-'RS7G1RD%8[4)/8WH9,?]01JF+!UM8_
MWD*V^,^W$+;$=GJ_TRXZI`([JK[?46N_YN3S_+Q]'FBU0&L$6BO0.H'6"[2E
M0%L)M+5`VSQ!6ZZ]$!DG<4Y+K-,2[[3$/"UQ3TOLTT_QSZW%R4#^MP#UYFOU
M:WHC>4LD+AK1^R=QT4A<-!(7C<1%(W'12-Y"(WD-C<1!*W'02ARTHD^HQ$$K
M<=!*'+02!ZW$02MQT$H<=']T$$>06=B^'D.DXF61CSC;BVZ.P]'8QE$=XQ1V
MEPY`'V(W=OW\W7`5U-MX=LD3=\+U$,/WF0?XA/1C3G$L>I!EV";/*Z<)>V$V
MQ';LACZ?FC>?H._K/E;M#HLAGH-`]]?%SWN6S^D_=/W[7G=15XA_K=EO`@P`
MNR!6?@T*96YD<W1R96%M#65N9&]B:@TR(#`@;V)J/#PO3G5M<ULP(#,@,"!2
M73X^#65N9&]B:@TS(#`@;V)J/#PO4R]$/CX-96YD;V)J#30@,"!O8FH\/"]#
M;W5N="`Q+U1Y<&4O4&%G97,O2VED<ULU.2`P(%)=/CX-96YD;V)J#34@,"!O
M8FH\/"]3=6)T>7!E+UA-3"],96YG=&@@-#,V,"]4>7!E+TUE=&%D871A/CYS
M=')E86T-"CP_>'!A8VME="!B96=I;CTB[[N_(B!I9#TB5S5-,$UP0V5H:4AZ
M<F53>DY48WIK8SED(C\^"CQX.GAM<&UE=&$@>&UL;G,Z>#TB861O8F4Z;G,Z
M;65T82\B('@Z>&UP=&L](C,N,2TW,#(B/@H@("`\<F1F.E)$1B!X;6QN<SIR
M9&8](FAT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO,#(O,C(M<F1F+7-Y;G1A>"UN
M<R,B/@H@("`@("`\<F1F.D1E<V-R:7!T:6]N(')D9CIA8F]U=#TB(@H@("`@
M("`@("`@("!X;6QN<SIP9&8](FAT='`Z+R]N<RYA9&]B92YC;VTO<&1F+S$N
M,R\B/@H@("`@("`@("`\<&1F.E!R;V1U8V5R/D%C<F]B870@1&ES=&EL;&5R
M(#<N,"XU("A7:6YD;W=S*3PO<&1F.E!R;V1U8V5R/@H@("`@("`\+W)D9CI$
M97-C<FEP=&EO;CX*("`@("`@/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O=70]
M(B(*("`@("`@("`@("`@>&UL;G,Z<&1F>#TB:'1T<#HO+VYS+F%D;V)E+F-O
M;2]P9&9X+S$N,R\B/@H@("`@("`@("`\<&1F>#I#;VUP86YY/E-E8W5R:71I
M97,@86YD($5X8VAA;F=E($-O;6UI<W-I;VX\+W!D9G@Z0V]M<&%N>3X*("`@
M("`@("`@/'!D9G@Z4V]U<F-E36]D:69I960^1#HR,#`W,#4Q,3$U,38T,SPO
M<&1F>#I3;W5R8V5-;V1I9FEE9#X*("`@("`@/"]R9&8Z1&5S8W)I<'1I;VX^
M"B`@("`@(#QR9&8Z1&5S8W)I<'1I;VX@<F1F.F%B;W5T/2(B"B`@("`@("`@
M("`@('AM;&YS.GAA<#TB:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O,2XP+R(^
M"B`@("`@("`@(#QX87`Z0W)E871O<E1O;VP^06-R;V)A="!01$9-86ME<B`W
M+C`N-R!F;W(@5V]R9#PO>&%P.D-R96%T;W)4;V]L/@H@("`@("`@("`\>&%P
M.DUO9&EF>41A=&4^,C`P-RTP-2TQ,50Q,3HQ-SHQ,"TP-#HP,#PO>&%P.DUO
M9&EF>41A=&4^"B`@("`@("`@(#QX87`Z0W)E871E1&%T93XR,#`W+3`U+3$Q
M5#$Q.C$V.C0Y+3`T.C`P/"]X87`Z0W)E871E1&%T93X*("`@("`@("`@/'AA
M<#I-971A9&%T841A=&4^,C`P-RTP-2TQ,50Q,3HQ-SHQ,"TP-#HP,#PO>&%P
M.DUE=&%D871A1&%T93X*("`@("`@/"]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<$U-/2)H='1P.B\O;G,N861O8F4N8V]M+WAA<"\Q+C`O;6TO(CX*
M("`@("`@("`@/'AA<$U-.D1O8W5M96YT240^=75I9#IC,3,T8C4Y,"TU,#9E
M+30Q-V0M8F(Q,"TQ834V86-A-V(T-F(\+WAA<$U-.D1O8W5M96YT240^"B`@
M("`@("`@(#QX87!-33I);G-T86YC94E$/G5U:60Z8SDY939D8S(M.6(S,BTT
M9#4Q+3EA-38M8S8U83`U9F8Y,&%C/"]X87!-33I);G-T86YC94E$/@H@("`@
M("`@("`\>&%P34TZ5F5R<VEO;DE$/@H@("`@("`@("`@("`\<F1F.E-E<3X*
M("`@("`@("`@("`@("`@/')D9CIL:3XR/"]R9&8Z;&D^"B`@("`@("`@("`@
M(#PO<F1F.E-E<3X*("`@("`@("`@/"]X87!-33I697)S:6]N240^"B`@("`@
M(#PO<F1F.D1E<V-R:7!T:6]N/@H@("`@("`\<F1F.D1E<V-R:7!T:6]N(')D
M9CIA8F]U=#TB(@H@("`@("`@("`@("!X;6QN<SID8STB:'1T<#HO+W!U<FPN
M;W)G+V1C+V5L96UE;G1S+S$N,2\B/@H@("`@("`@("`\9&,Z9F]R;6%T/F%P
M<&QI8V%T:6]N+W!D9CPO9&,Z9F]R;6%T/@H@("`@("`@("`\9&,Z=&ET;&4^
M"B`@("`@("`@("`@(#QR9&8Z06QT/@H@("`@("`@("`@("`@("`\<F1F.FQI
M('AM;#IL86YG/2)X+61E9F%U;'0B/E!R97-I9&5N=#PO<F1F.FQI/@H@("`@
M("`@("`@("`\+W)D9CI!;'0^"B`@("`@("`@(#PO9&,Z=&ET;&4^"B`@("`@
M("`@(#QD8SIC<F5A=&]R/@H@("`@("`@("`@("`\<F1F.E-E<3X*("`@("`@
M("`@("`@("`@/')D9CIL:3YU<SPO<F1F.FQI/@H@("`@("`@("`@("`\+W)D
M9CI397$^"B`@("`@("`@(#PO9&,Z8W)E871O<CX*("`@("`@("`@/&1C.G-U
M8FIE8W0^"B`@("`@("`@("`@(#QR9&8Z4V5Q/@H@("`@("`@("`@("`@("`\
M<F1F.FQI+SX*("`@("`@("`@("`@/"]R9&8Z4V5Q/@H@("`@("`@("`\+V1C
M.G-U8FIE8W0^"B`@("`@(#PO<F1F.D1E<V-R:7!T:6]N/@H@("`@("`\<F1F
M.D1E<V-R:7!T:6]N(')D9CIA8F]U=#TB(@H@("`@("`@("`@("!X;6QN<SIP
M:&]T;W-H;W`](FAT='`Z+R]N<RYA9&]B92YC;VTO<&AO=&]S:&]P+S$N,"\B
M/@H@("`@("`@("`\<&AO=&]S:&]P.FAE861L:6YE/@H@("`@("`@("`@("`\
M<F1F.E-E<3X*("`@("`@("`@("`@("`@/')D9CIL:2\^"B`@("`@("`@("`@
M(#PO<F1F.E-E<3X*("`@("`@("`@/"]P:&]T;W-H;W`Z:&5A9&QI;F4^"B`@
M("`@(#PO<F1F.D1E<V-R:7!T:6]N/@H@("`\+W)D9CI21$8^"CPO>#IX;7!M
M971A/@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@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*
M("`@("`@("`@("`@("`@("`@("`@("`@("`@"CP_>'!A8VME="!E;F0](G<B
M/SX-"F5N9'-T<F5A;0UE;F1O8FH--B`P(&]B:CP\+T-R96%T:6]N1&%T92A$
M.C(P,#<P-3$Q,3$Q-C0Y+3`T)S`P)RDO075T:&]R*'5S*2]#<F5A=&]R*$%C
M<F]B870@4$1&36%K97(@-RXP+C<@9F]R(%=O<F0I+U!R;V1U8V5R*$%C<F]B
M870@1&ES=&EL;&5R(#<N,"XU(%PH5VEN9&]W<UPI*2]-;V1$871E*$0Z,C`P
M-S`U,3$Q,3$W,3`M,#0G,#`G*2]#;VUP86YY*%-E8W5R:71I97,@86YD($5X
M8VAA;F=E($-O;6UI<W-I;VXI+U-O=7)C94UO9&EF:65D*$0Z,C`P-S`U,3$Q
M-3$V-#,I+U1I=&QE*%!R97-I9&5N="D^/@UE;F1O8FH->')E9@T*,"`U-PT*
M,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`V-S<Y(#`P,#`P(&X-"C`P,#`P
M,#<W,3@@,#`P,#`@;@T*,#`P,#`P-S<U,2`P,#`P,"!N#0HP,#`P,#`W-S<T
M(#`P,#`P(&X-"C`P,#`P,#<X,C4@,#`P,#`@;@T*,#`P,#`Q,C(V,2`P,#`P
M,"!N#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*
M,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P
M,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P
M(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S
M-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*
M,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P
M,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P
M(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S
M-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*
M,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P
M,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P
M(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S
M-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*
M,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P
M,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P
M(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S
M-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*
M,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P
M,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P
M(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S
M-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*
M,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P
M,#`P,#`@-C4U,S4@9@T*=')A:6QE<@T*/#PO4VEZ92`U-SX^#0IS=&%R='AR
0968-"C$Q-@T*)25%3T8-"C\_
`
end
</PDF>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----