Department of Financial Institutions

The issuer of the security is a business entity organized under the laws of this state and authorized to do business in this state. [see Wis. Stats. Sec. 551.202(26)(a)]

The transaction meets the requirements of the federal exemption for intrastate offerings in section 3(a)(11) of the Securities Act of 1933 (15 USC 77c(a)(11)) and Rule 147 adopted under the Securities Act of 1933 (17 CRF 230.147). [see Wis. Stats. Sec. 551.202(26)(b)]

The sum of all cash and other consideration to be received for all sales of the security, excluding sales to any accredited investor, certified investor, or institutional investor, does not exceed the amounts specified in Wis. Stats. Sec. 551.202(26)(c).

The issuer will not accept more than $10,000 from any single purchaser unless the purchaser is an accredited investor or certified investor. [see Wis. Stats. Sec. 551.202(26)(d)]

The offering is being made exclusively through one or more Internet sites and each Internet site is registered with the Division of Securities. [see Wis. Stats. Sec. 551.202(26)(e)]

The offering of securities under this exemption will commence not less than 10 days after this notice filing. [see Wis.Stats. Sec. 551.202(26)(f)]

The issuer is conducting an offering in reliance on the exemption under Wis. Stats. Sec. 551.202(26), and therefore submits this notice of claim of exemption from registration, accompanied by the filing fee of $50.

The issuer is not, either before or as a result of the offering, an investment company, as described in Wis. Stats. Sec. 551.202(26)(g).

No offer or sale of a different class or series of security has been made by the issuer in reliance on the exemption under Wis. Stats. Sec. 551.202(26) or (27) during the immediately preceding 12-month period. [see Wis. Stats. Sec. 551.202(26)(m)]