Les Virgin Islands Office of the Lieutenant Governor

Division of Banking and Insurance



Kongens Gade #5049, Charlotte Amalie. St. Thomas, USVI, 00802 = (340) 774-7166 » Fax (340) 774-9458



No. 8/2006



ORDER



WHEREAS, | the Lieutenant Governor or his designee, as

Administrator of the Uniform Securities Act as set forth in 9 V.LC. § 602(1)

and § 661(a), may issue forms and orders pursuant to 9 VLC. § 665(a)(1);

and



NOW, THEREF ORE, the premises having been considered as set

forth above, and the Administrator having found that this Order, in concert

with 9 V.LC. § 665, is necessary or appropriate in the public interest and is

consistent with the Purposes of the Uniform Securities Act; it is hereby



ORDERED that, pursuant to 9 V.LC. §625, all applicants executing



the renewal of a Previously effected registration of a security by

coordination in the Virgin Islands pursuant to 9 V.LC. § 623 must comply



with the following requirements:


Order No. 8/2006



1, The submission of Form U-] (Uniform Application to Register

Securities) with all of the items listed in Item 8 of the forms that

pertain to your particular offering, specimen of security,

executed opinion of counsel, advertisement, and any additional

information that is pertinent to the offering, except that any

exhibits filed with the Division within five (5) years preceding

the filing of the application may be incorporated by reference to

the extent that such exhibits are currently accurate, unless the

Division specifically requests that such exhihits he filed:



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If the issuer has changed its name since the most recent prior

filmg and has not amended, to reflect the name change, a

completed Form U-2 (Consent to Service of Process) or, in the

case of a corporation, a completed Form U-2A (Uniform Form

of Corporate Resolution, the issuer must file a Form U-2 or

Form U-2A reflecting the name change;



3. One copy of the most recent prospectus;



4. One copy of each statement of additional information or

supplement to the most recent Prospectus, if any; and



5. A registration filing fee of 1/20 of | percent of the aggregate

amount of securities that wil] be registered in the Virgin

Islands; provided that the minimum registration fee shall be

$1,000 but in no case shall the fee exceed $3,000.



Dated this pee day of June 2006 at St. Thomas, U. S. Virgin Islands.



Deverita Carty Sturdivant

Director



Designee of the Lieutenant Governor/

Securities Administrator



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