# HAROLD W. DANCE INC. X-17A-5/A (2022-04-12) — Broker-dealer annual report

- Company: HAROLD W. DANCE INC.
- Form: X-17A-5/A
- Filed: 2022-04-12
- Period: 2021-12-31
- Accession: 0000200194-22-000002
- CIK: 200194
- File #: 8-12160
- Type: Broker-dealer
- Material weakness: No
- Auditor: AJSH & CO. LLP
- Auditor location: NEW DELHI, K7
- Contact: DANIEL J. NEELEY
- Phone: 435-752-8484
- Signed by: STEPHEN F. NEELEY (PRESIDENT)

Original filing: https://www.sec.gov/Archives/edgar/data/200194/000020019422000002/public-amended.pdf

---

{0}------------------------------------------------

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549** 

> **ANNUAL REPORTS FORM X-17A-S**

0MB APPROVAL 0MB Number: 3235-0123 Expires: Oct. 31, 2023 Estimated average burden hours per response: 12

# **PART Ill**

SEC FILE NUMBER 008-12160

FACING PAGE **Information Required Pursuant to Rules 17a-5, 17a-12, and lSa-7 under the Securities Exchange Act of 1934**  FILING FOR THE PERIOD BEGINNING **01/01/2021**  MM/DD/VY AND ENDING **12/31/2021**  MM/DD/VY **A. REGISTRANT IDENTIFICATION**  NAME OF FIRM: HAROLD DANCE INVESTMENTS TYPE OF REGISTRANT (check all applicable boxes): E!J Broker-dealer D Security-based swap dealer □ Major security-based swap participant D Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) 360 N MAIN ST (No. and Street) LOGAN UT 84321 (City) (State) (Zip Code) PERSON TO CONTACT WITH REGARD TO THIS FILING DANIEL J. NEELEY 435-752-8484 DAN@HAROLDDANCE. COM (Name) (Area Code -Telephone Number) (Email Address) **B. ACCOUNTANT IDENTIFICATION**  INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\* AJSH & CO. LLP (Name -if individual, state last, first, and middle name) A-94/8, WAZIPUR INDUSTRIAL AREA, MAIN RING ROAD **N EW DEL H** I (Address) (City) INDIA (State) 02/10/2009 3223 110052 (Zip Code) **FOR OFFICIAL USE ONLY {PCAOB Regiwatioo N,mbec, if appUcable} I**  \* Claims for exemption from the requirement that the annual reports be covered by the reports of an independent public

accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240.17a-S(e)(l)(ii), if applicable.

Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid 0MB control number.

{1}------------------------------------------------

### **OATH OR AFFIRMATION**

**1**

**,** STEPHEN F. NEELEY , **swear (or affirm) that, to the best of my knowledge and belief, the financial report pertaining to the firm of** HAROLD DANCE INVESTMENTS **as of** 

**12/31 2\_\_21 \_, is true and correct. I further swear (or affirm) that neither the company nor any partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely as that of a customer.** 

**STATE OP trrA!!)** 

**COUNTY OP CACHE)** 

**SUBSCRIBED l\ND SWORN TO BEFORE ME ON TI!IS 12 DAY OF APRIL, 2022, BY STEPHEN P. NEELEY.** 

�cl;;;<�

**Notary PubITc** 

**MY COMMISSION EXPIRES MAY 26, 2024.** 

### **This filing\*\* contains (check all applicable boxes):**

- **� (a) Statement of financial condition.**
- **� (b) Notes to consolidated statement of financial con 1 I0n.**
- □ **(c) Statement of income (loss) or, if there is other comprehensive income in the period(s) presented, a statement of comprehensive income (as defined in § 210.1-02 of Regulation S-X).**
- □ **(d) Statement of cash flows.**
- □ **(e) Statement of changes in stockholders' or partners' or sole proprietor's equity.**
- **D (f) Statement of changes in liabilities subordinated to claims of creditors.**
- **D (g) Notes to consolidated financial statements.**
- □ **(h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-l, as applicable.**
- □ **(i) Computation of tangible net worth under 17 CFR 240.18a-2.**
- □ **(j) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3.**
- □ **(k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable.**
- **D {I) Computation for Determination of PAB Requirements under Exhibit A to§ 240.1Sc3-3.**
- **D (m) Information relating to possession or control requirements for customers under 17 CFR 240.1Sc3-3.**
- □ **(n) Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.1Sc3-3(p)(2) or 17 CFR 240.18a-4, as applicable.**
- □ **(o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-l, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.1Sc3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist.**
- **D (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition.**
- **� (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable.**
- **D (r) Compliance report in accordance with 17 CFR 240.17a-S or 17 CFR 240.18a-7, as applicable.**
- **D (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.**
- **� (t) Independent public accountant's report based on an examination of the statement of financial condition.**
- **D (u) Independent public accountant's report based on an examination of the financial report or financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable.**
- **D (v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.**
- **D (w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.**
- **D (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.1Sc3-le or 17 CFR 240.17a-12, as applicable.**
- **D (y) Report describing any material inadequacies found to exist or found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k).**
- **D (z) Other: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_**
- *\*\*To request confidential treatment of certain portions of this filing, see 17 CFR 240.17o-5(e)(3} or 17 CFR 240.18a-7(d)(2}, as applicable.*

**Signat½. .pL Title:**  PRESIDENT

![](_page_1_Picture_39.jpeg)

**NOTARY PUBLIC DANIEL JOSEPH NEELEY 712209 MY COMMISSION EXPIRES MAY26,2024 STATE OF UTAH** 

{2}------------------------------------------------

# HAROLD W. DANCE. INC. DBA HAROLD DANCE INVESTMENTS STATEMENTS OF FINANCIAL CONDITION For the year ending December 31. 2021

| ASSETS                                                                 |   | 2021               |
|------------------------------------------------------------------------|---|--------------------|
| Cash<br>Restricted cash                                                | S | 185,148<br>4,000   |
| Securities owned:<br>Money market funds<br>Mutual funds                |   | 20,596<br>252,063  |
| Fees receivable<br>Prepaid expenses                                    |   | 254,726<br>6.872   |
| Equipment, net of accumulated depreciation of \$20.401                 |   | 1.904              |
| Total assets                                                           | S | 725.309            |
| LIABILITIES AND STOCKHOLDERS' EQUITY                                   |   |                    |
| Liabilities:<br>Accounts payable and accrued liabilities               | S | 34.055             |
| Total liabilities                                                      |   | 34.055             |
| Stockholders' equity:<br>Common stock, \$1.00 par value, 50,000 shares |   |                    |
| authorized, 1.000 shares issued and outstanding                        |   | 1.000              |
| Additional paid-in capital<br>Retained earnings                        |   | 299,000<br>391.254 |
|                                                                        |   |                    |
| Total stockholders' equity                                             |   | 691,254            |
| Total liabilities and stockholders' equity                             | S | 725.309            |

The accompanying notes are an integral part of these financial statements.

{3}------------------------------------------------

# HAROLD W. DANCE, INC. DBA HAROLD DANCE INVESTMENTS NOTES TO STATEMENTS OF FINANCIAL CONDITION December 31. 2021

# Note 1 - Organization and Summary of Significant Accounting Policies

## Organization

Harold W. Dance, Inc. DBA Harold Dance Investments (the "Company") is a Registered Investment Advisor ("RIA") and broker-dealer registered with the Securities and Exchange Commission ("SEC") and is a member of the Financial Industry Regulatory Authority ("FINRA"). The Company is a Utah Corporation conducting business primarily in Northern Utah. The Company offers investment advisory services and agency transactions in mutual funds and annuities.

## Concentrations of Credit Risk

The Company's cash balances maintained with banks are insured by the Federal Deposit Insurance Corporation up to \$250,000. The Company's account balances maintained with brokerage firms are insured up to \$500,000 by the Securities Investor Protection with a limit of \$250,000 for cash. The Company's mutual fund investments are concentrated within a few large fund groups. The Company reviews, as necessary, the financial standing of these funds. The Company has not experienced any credit losses in such accounts and believes it is not exposed to any significant credit risk on cash and cash equivalents.

The Company sells mutual funds for various mutual fund companies for which services the Company receives commission payments. In the event these mutual fund companies do not fulfill their commission payment obligations, the Company may be exposed to risk. It is the Company's policy to review, as necessary, the financial condition of these mutual fund companies.

## Securities Owned

The Company classifies its securities owned as "available for sale." Securities classified as "available for sale" are carried in the financial statements at fair value. Realized and unrealized gains and losses, determined using the specific identification method, are included in operations.

## Fees Receivable

Fees receivable are amounts due from mutual fund and variable annuity companies for distribution services and amounts due from clients for investment advisory services. Fees receivable are unsecured and are carried at their estimated collectible amounts. No provision for losses on fees receivable exists based on past historical experience, with the mutual fund annuity companies and with clients, combined with current information from those

{4}------------------------------------------------

### 5&MK=-Z-&I+/- 8H+ -)&5&MK>--&H+/9HX/ORC/HRO IKR/ORKOR&R/C/HROK237I&I+7&>+KI-7R7KI -gag~\_g -

#### D~\¡\$ FbTyfTf~z¡TyZ¡JwwT¡~^¡Jfaze\_fXTz¡4XX~yfza¡G~pfXf\¡X~yez\[ ¡

X~wTyf\¡Ty[¡Xpe\y¡CTyTb\w\z¡V\tf\\¡cT¡d\¡cf~eXTq¡q~¡fz^~wTf~y¡f¡T¡\T~zTVq\¡VT\¡~y¡ cfXc¡ ~¡ Z\\wfy\¡ \\X\Z¡ X\Zf¡ s~\¡ V\XT\¡ c\¡ zT\¡ ~^¡ d~\¡ \X\eTVq\¡ e\¡ d\¡ fn¡ XdTTX\efX¡~\_¡f¡\y[~¡cT\¡z~¡XdTzb\[¡fbze\_fXTzp¡~\¡ew\ ¡

# 9ew\y¡

?\w¡ XTfTqe \Z¡ T¡ \fw\z¡ T\¡ XTe\Z¡ T¡ X~¡ 8\\XfTf~z¡ f¡ X~w\Z¡ ezb¡ c\¡Tebdqfy\¡ w\d~[¡~\¡ c\¡\ewT\[¡\^q¡qe\¡~\_¡)¡~¡.¡ \T¡ Lc\¡X~¡~^¡~\¡[f~\Z¡~^¡TyZ¡ \pT\[¡ TXXwsT\Z¡ Z\\XfTf~y¡ f¡ \w~\Z¡ ^~w¡c\¡ TXX~y¡ T¡d\¡ fw\¡ ~^¡ Ze~Tp¡ TyZ¡ bTez¡ ~¡ q~¡f¡ X\Zf\[¡~¡XcTb\[¡~¡~\Tf~z¡

### A\T\¡

F\Tfzb¡q\T\¡ebd~\_\¡HFP ¡T\¡\\\z¡d\¡6~wTz¡fbd¡~¡\¡Ty¡z[\peyb¡T\¡^~¡ d\¡s\T\¡\w¡Tz[¡q\T\¡qeTVeqe¡\\\z¡d\¡7~wTy¡~VpebTe~z¡~¡wTo\¡q\T\¡Tw\z¡Tfezb¡ ^~w¡d\¡p\T\¡F\Tfyb¡p\T\¡IFQ¡T\¡Tz[¡r\T\¡qfTVfpf¡T\¡\X~bzf \Z¡T¡X~ww\zX\w\y¡ZT\¡VT\[¡ ~y¡d\¡\\y¡Tp\¡~^¡s\T\¡Tw\y¡~\¡d\¡q\T\¡\w¡@\_¡T¡p\Tfyb¡TTzb\w\y¡Z~\¡z~¡~e[\¡Tz¡ ewqfYg¡T\
¡d\¡7~wTz¡eyX\w\zTs¡V~~ezb¡T\¡e¡\[¡ VT\[¡~z¡c\¡ez\_~wTe~y¡TTepTVp\¡T¡ X~ww\zX\w\y¡ZT\¡fy¡[\\wfyfyb¡c\¡\\z¡Tp\¡~\_¡p\T\¡Tw\z¡Lc\¡~\Tfzb¡q\T\¡HFR¡T\¡ Tp~¡ezXqZ\¡Ty¡p\T\¡Tw\y¡wTZ\¡TyZ¡\Xq[\¡p\T\¡eyX\yf\¡B\T\¡\w¡wT¡eyXpZ\¡~f~y¡ ~¡\\yZ¡~¡\weyT\¡d\¡p\T\¡c\z¡f¡f¡\T~zTVp¡X\Tey¡cT¡d\¡7~wTy¡epp¡\\Xf\¡dT¡~f~y¡ A\T\¡\\y\¡\_~¡p\T\¡Tw\z¡f¡\X~byf \Z¡~z¡T¡Tfbdpey\¡VTf¡~\¡d\¡q\T\¡\w¡<~¡~\Teyb¡ p\T\¡fc¡T¡\w¡~\_¡~z\¡\T¡~¡q\
¡d\¡7~wTz¡Z~\¡z~¡\X~byf \¡T¡p\T\¡qeTVfpe¡~¡IFR¡T\¡~z¡ c\¡\_eyTzXfTq¡T\w\y¡

## R\¡~^¡:fwT\¡fz¡d\¡G\TTf~z¡~^¡=fyTzXfTp¡JT\w\y¡

Mc\¡~X\¡~\_¡\Tezb¡^fyTyXeTt¡T\w\y¡fy¡X~y\_~we¡fc¡b\z\Tps¡TXX\\Z¡TXX~yfyb¡eyXhp\¡ \f\¡c\¡\¡~\_¡\fwT\¡TzZ¡Twf~y¡\bTZeyb¡X\Tez¡\¡~\_¡T\¡qfTVfpff\¡\\z\¡TyZ¡ \\y\¡ JXc¡ \fwT\¡ fwTep¡\pT\¡ ~¡ z\p\[¡ TyTXe~y¡TzZ¡\\z¡ T¡ ~^¡d\¡ZT\¡ ~\_¡ d\¡ ^eyTzXfTq¡T\w\z¡5XX~[eybt¡~y¡\p\w\y¡TXTq¡\q¡wT¡Zf^`\¡\_~w¡\fwT\[¡Tw~z¡

{5}------------------------------------------------

# 5'NK?.Z-'G+/6H+ -)'5'NK=--'G+/7GX1OTC/GUO GKU/OQKOQ'R/D/GQOK228G'G+7'=+KG-7R8KG .hbh}^h

#### gĭy b >Ā o ĭĭ7Ĭĭ+ĭ7 ^ ĭP ĭ]ĭp"qĭ

#### PĚě ĭĭP"ĭ7ĭ

Eĭé"ĭ[YZ{1ĭĭfP7ĭ ĭP7ĭ[Y{ÂJ1ĭ¯fĭEĭÃ <Ğ4ĭëĭº?
ĭJ[{rX°ĭ&Ąĭ ,ĭĭ ĭĭĭĭ ĭĭ ñ ĭ,ĭ-V5ĭĭ, ĭ +ĭ- ĭĭ#ĭĭĭ ĭĭ ĭ-,;ĭĭ-+ĭĭĭĭĭĭ ##tĭ?ĭ&ĭĭ -"ĭĭĭ+ĭĭ ĭ-H
-ĭ - ĭĭ ĭ ĭ - -;ĭ -, oĭĭ-ĭĭĭĭĭĭ-H
-ĭĭĭ!ĭĭĭĭĭ+ ĭ "ĭ ĭĭĭĭ
ĭ^ĭĭ
-1ĭ,ĭĭ- !#tĭ?ĭĭĭĭ #ĭĭ
- ^ĭ ĭ ĭ Aĭ ĭ - Xĭ ĭ ĭ 5ĭ -V ĭċ",ĭ ĭ ĭ ĭ ĭ + 1ĭ ĭ 1ĭĭ-#ĭĭ)

#ĭ+-¿ĭĕĭ"ĭ- ĭĭ ;cĭ

?lĭnĭ-/ĭ/4ĭ-nĭ/C-4 ,ĭ-/C-T-4ĭG-ĭR/ĭlĭ;ĭ-88ĭÚU#ĭ ÎXĭNNzĭ44ĭnĭ# Gĭn/8ĭ Gĭĭ T4 ĭ T4ĭ/-ĭ/ĭR--ĭ/4/-ĭ/ĭ4ĭRĭ /
/ĭ

gĭ[ĭb - ĭ<ĭ

?ĭ <
;ĭĭ-# ĭĭ
- ĭ --!ĭ#ĭ"ĭĭāĭ #-+ĭ^ĭĭĭĭ yJsJĭ+ĭĭ7-" ĭĭÝH,ĭ<ąMĭiĭ<
;ĭ ĭĭ ĭ#ĭ ĭĭ "ĭ+ĭ³Ñ1YYYMĭ

#### =ĭJs f-ĭ-!#ĭ

 -,ĭ4ĭ;ĭ-88ĭT#ĭz1ĭ NNzĭlĭÙ/U
;ĭl8ĭ´NÔÒXÖNÕĭG#ĭ¥/UĭU4Cĭ R-8ĭ8ĭG# ĭ-C 4;ĭ/U
-ĭR/ĭ8 #/-ĭG ĭ-8ĭU/-ĭ8CĭR/Tĭ-4ĭ¥ĭ -G4T-ĭ8!/;ĭG cĭ

#### gĭÓĭ 7" ĭ>&ĭ

7-ĭ&ĭĭĭĭ ĭĭ!"ĭĭ ĭ^ĭĭ& ,ĭ

|                           |   |     |  |
|---------------------------|---|------|--|
| C†€hš}[ˆwiŽleŒ        |   |      |  |
| C""[yl'e<br>[b† |   |      |  |
| W'‰g\yrœfp†zfr€nos'   |   | <br> |  |
|                           | s |      |  |

{6}------------------------------------------------

# 5&MK=.Z-&G+/:G+ L)&5&MK=.-&G+/7GX/OSC/GSO GKR/ORKOR&S/C/GQOK229G&G+:&=+KG-:R9KG .gag}`h

#### gĭĭb àĭøĭ-"-ĭ

õĭ <
\$¶ĭ !-ĭĭ -ĭ ĭ.ĭ!ĭ ĭĭ \$,ĭ-ĭ.ĭ.5 ĭ Åĭ?ĭĭĭĭ-"ĭ. ĭ!ĭ\$ĭ
"ĭĭĭĭ\$ĭĭ#ĭ !ĭ+ĭ ĭ- o#ĭ!ĭĭ-.- !ĭ+ĭ+ĭ+ĭ!"-Mĭá-aĭ",ĭĭ<
\$ĭ#- -!ĭ ĭ !" ĭĭĭ ĭĭ ĭ& ĭĭAĭ aĭĭ Cĭ .ĭ .+-ĭ -, ĭĭ"
ĭĭ-- ĭĭ. ĭ!"ĭ.ĭ- ĭ. ĭ ĭĭ-"ĭ5ĭ ĭ ..-ĭ+ ĭ!"ĭ-"-ĭĭĭ-,ĭcĭ

?ĭ<
\$ĭ.&ĭĭ+ ĭ!"¤ĭ -\$ĭĭ 5oĭĭ5
ĭĭ!" ĭ-Ĝĭ"ĭĭ -"ĭ+ĭ!"-Mĭ iĭ -\$ĭ,!ĭĭ,ĭ \$ĭĭČĭ"ĭ
ĭ ĭ !ĭAĭ +ĭ ĭĭĭ# ĭ-!ĭ Zĭ --rĭĭĭ &ĭ
\$ĭĭ#-!#ĭ ĭ -!ĭĭ -C--½Æĭ Pĭ.ĭ-·ĭ9!ĭ&ĭ9ĭ.ĭ!ĭ-\$ĭĭ ùĭĭĭ &ĭ-!ĭ+ĭ\$ĭ Cĭĭĭ,. ĭĭĭ. ĭ!"ĭ--Ĕ-Çĭ

iĭ<
\$ĭĭĭ+&,ĭ! ĭ- Vĭĭ-"ĭ+ ĭ!"ĭ+ĭ ĭĭĭ#5 ĭ

- -!ĭy Ä ò"ĭAĭ
ĭĭ !ĭAĭ.ĭĭĭĭ5#5-×ĭ
- ì-!ĭ[ 7 ,5. ĭĭ#-!#ĭ5
ĭp-M,ĭV"ĭ ĭ.ĭ ĭ ĭ ĭ!ĭAaĭV"ĭ ĭ+ĭ5ĭĭĭĭ ĭAĭĭĭĭ!aĭ
CĭĭĭVĭ ĭĭĭ#-!#Ďĭĭ ĭ 5-ĭĭĭ\$ ĭ!-1ĭĭAs#ĭ ¾Øĭ
- -!ĭ ĭ b #-!#ĭ "ĭ.ĭ ĭ ĭ ĭ ď# \$Xĭ &ĭ ĭ !"ĭ #ĭ ĭ ,-ĭ -ĭ.ĭ
ĭĭAĭ ĭ&ĭ"ĭĭ ,ĭĭĭĭ5# \$cĭ

{7}------------------------------------------------

# 5&NK=-Z-&J+/;G+ L\*&5&NK=--(G+/7GY/ORD/GRO GKV/OVKOR&R0D/GROK328G&G+7&=+KG-7R7KG -hbh~\_h

# E]¡,¡ <Uf¡SUu]¡C]U]x]z¡ Yzey]Z¡

Mc]¡\_qqeyb¡UWq]¡fZ]¡^eyU{YeUq¡U]¡YUe]Z¡U¡^Uf¡Uq]3¡

|                          |   | -gcg~^gŠ<br><br><br> |            |         |                          |
|--------------------------|---|-------------------------|------------|---------|--------------------------|
|                          |   | @h—g{                 | Ag˜g{<br> | @g—g{ | T‡']                    |
| 4]u—]{•gqtg‹]‹dqš%    |   |                         |            |         |                          |
| E"'–] meŒ<br>^] ]ƒdge | ¡ | !                      |            |         | !                       |
| E‡"h›‹xg'meŒ          |   | \$!                    |            |         | \$!                     |
| :…™jŒ'…'Œ]'kv—]{•g   |   |                         |            |         | ¡<br>"	! \$<br><br><br> |

Lc]¡^Ue¡Uq]¡^¡d]¡xUq¡\_zZ¡UyZ¡xy]¡xUo]¡^yZ¡f¡VU]Z¡z¡d]¡]Z¡y]¡U]¡Uq]¡ ¡ye¡ Y¡\_¡d]¡cU]¡c]qZ¡V¡d]¡6xUz¡U¡]U]yZ¡

# E]¡- E]¡6UeUq¡H]e]x]y¡

Ld]¡6xUz¡e¡Wm]Y¡¡d]¡J]Yef]¡UyZ¡9YcUyb]¡6xxefz¡Ryf^x¡ E]¡6UeUq¡Ip]¡J96¡Ip]¡ \$KY)v ¡deYd¡]e]¡c]¡ xUe|]zU{Y]¡\_¡ xfyfxx¡y]¡ YUeUq¡ UyZ¡ Up¡ ]f]¡cU¡d]¡ Ue¡^¡ Ubb]bU]¡ezZ]V]Zz]¡ ¡y]¡YUeUq¡cUqp¡{¡]Y]]Z¡\$,¡¡%¡>¡ &#'%¡c]¡6xUz¡xeyexx¡z]¡ YUfUp¡]e]x]z¡U¡-(,###¡4¡8]Y]xV]¡)\$¡(#(\$¡c]¡6xU|¡dUZ¡z]¡YUeUq¡\_¡-)/\*\*)%¡ciYd¡ U¡)+1\*)\$¡ez¡]Y]¡\_¡e¡]f]Z¡z]¡YUeUq¡^¡',###¡Nd]¡6xUz¡y]¡YUeUq¡Uj¡U¡# #2\$¡ ¡\$"¡

# D]¡0¡JV]]y¡;]y¡

Oc]¡6xUy¡]UqU]Z¡e¡8]Y]xV]¡)\$¡(#(%¡U]x]y¡^¡\_ezUzYeUq¡YyZfky¡\_¡V]]z¡]]z¡ cbd¡d]¡ ZU]¡d]¡^ezUzYfUp¡U]x]z¡ ]]¡ e]Z!¡ Oc]¡6xUy¡e¡y¡UU]¡\_¡Uy¡W]]}¡ ]]y¡dfYc¡pZ¡]f]¡]Ybyffz¡¡ZeYp]¡fy¡c]¡^eyUzYlUq¡U]x]z¡

{8}------------------------------------------------

![](_page_8_Picture_0.jpeg)

# **h9ªB`ĭBþĭ}mk9ª9mk9m`ĭh9¦`99kĭ ĩúējĭDjjBĪĘ`m¦ĭãĊġ¨ĭ**

# öĭ**`ă9ĭï9¨û9ĭBÿĭ**

| ĭLuĭQ IĭEMĭQK:ĭ| (SĭQ ĭ~2 ĭ

# \©B3ĭB3ĭģĂĭâ3£3j£ĭB3kĤB3ĭ

Lĭ 2ĭ ) ĭĭ 
 3\$ 'ĭ ĭĭ % Đĭ ĭĭå ĭLÈĭQ 1ĭ~ÉĭðK:ĭ | ĭQ %ĭī %ĭ»ĭ±6 
 \$²qĭ 3ĭĭ ĭ%ĭĭĥĭ Íĭĭ\*(ĭ %1ĭĭ % Sĭ %ĭ
ĭ \$Iĭĭ ĭ ĭ
1ĭĭ 3 3 ĭ ĭĭĭ6 
 \$ĭ ĭĭ Û 0ĭJZIĭOxOÏĭĭ( \$ĭ& ĭ \*% 'ĭ
( Ė ĭ' \$ĭ 
ĭĭĭ¢ ĭ7 ĭĭ : uĭ

# K ĭĭ\©33ĭ

?ĭ ĭĭ % ĭ ĭ ĭ ĭ ęĭ ĭĭ %ĭ ĭ ĭ 0@\$ĭĭĭ 6 
 \$ĭ ' vĭ>)ĭW
0\$ĭ@ĭĭH
ğĭ ĭ ĭĭ ĭ0 ĭĭ\*(ĭ )dĭLĭ (ĭ ĭ \*0 ĭ ) 'ĭ@ ĭ'ĭ& ĭĭ ]®0ĭ6 
 %\$ĭ:)'ĭ>2\_Ć'ĭ K ĭ p ĭ7 rĭ ¼]6:>qĭ ĭ ĭ(«)ĭĭ0ĭ 
ĭ&ĭý
ĭĭĭ6 
 \$ĭ ĭ  ĭ&ćĭĦĭ¢t7wĭ ( Sĭ\*ĭđ &ĭ ĭĭ 

S 0Sĭ)ĭ ĭ'Ē ĭĭĭóü)\_ ¬ĭ ĭÞH 'ĭ6 ¬ĭ ĭĭ]6:>KÊĭ

Lĭ\*ĭ\*ĭ )ĭ3ĭ  ĭ&ĭĭ  ĭĭĭ]6:>KËĭ?ĭ % ĭ()ĭ ĭ&ĭ %ĭ ĭ ( ĭĭ \*ĭĭ0 %ĭ % 0ĭ Ģ) %ĭ 0\*ĭ&(ĭĭ ĭĭ ĭ % ĭ ĭĭĭ ĭ %Iĭ&ĭ)ĭĭ\_ĭĭ( )vĭiĭ6 
 \$ĭ ĭĭĝ)ĭ ĭ 2Iĭĭ&\_ĭ&ĭ' 'ĭĭ
 1ĭ ĭ ) ĭĭĭ% ĭĭ2ĭ ĭ(
( 'Ìĭ:ĭ
 ĭ ĭ\*ĭ )§Àĭ&ĭ ĭ(«)ĭĭ0 @ĭ ĭ)( 'ĭĭĠ ĭĭ2(ĭ ĭ
('ĭ0)ĭĭ \_ĭĭ
)
ĭĭH
'ĭ %ĭ %%ĭĭĭ 2ĭĭĭ6 
 \$¸ĭĈ ĭĭ2Wĭ ĭ(
(@'wĭ: '\$1ĭ&ĭH
ĭĭ\*ĭ
@%uĭ

>)Wĭ \* ħĭ)ĭ
W %'ĭ
\*ĭĭ ĭĭ čĭĭ ĭ %ĭĭ ĭĭ % ĭ1ĭ&ĭ\*ĭĭ((ĭĭW )1ĭ ĭ
( 'ĭ
(\*ĭ ĭ
ĭĭĭWdĭ ô\*ĭ
()ĭ\*ĭH %'1ĭĭ ĭĭ0 Áĭ¤2ĭ' 'ĭĭ \*3ĭ ĭĉ\*ĭ@%ĭ Ĩĭ %ĭ ĭ ĭ3 vĭ>\*ĭ \* ĭ Sĭ\*ĭ2 \* §'ĭĭ \*'ĭ

ĭ\*ĭ %ĭ '@@ ĭ ĭ ĭ0\$ĭ ' Iĭ ĭ&ĭ ĭ2 ) 'ĭĭ2 ĭ
 dĭLĭ02ĭ ĭ)ĭ ®ĭ
(2ĭ ĭ 0ĭ0 ĭĭĭ
ė dĭ

**Dê¡æĭµĭBĭíî ĭ**

Lĭ 2ĭ2ĭ ĭĭ6 
 %\$¹ĭ:\*(ĭĭÐxOZwĭ

=&ĭQ 1ĭ~ ĭ (ĭJZIĭOxOOĭ

![](_page_8_Picture_15.jpeg)

![](_page_8_Picture_16.jpeg)


Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.
