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EX-31.2 - EX-31.2 - GSRX INDUSTRIES INC.d28416_ex31-2.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 10-Q

QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

For the Quarter ended June 30, 2011

Commission File Number: 333-141929

CYBERSPACE VITA, INC.

__________________________________________________
(Exact name of registrant as specified in its charter)

Nevada
           
14-1982491
_____________________________
(State of organization)
           
________________________________
(I.R.S. Employer Identification No.)
56 Laenani Street
Haiku, HI 96708
______________________________
(Address of principal executive offices)

(310) 396-1691
___________________________________
Registrant’s telephone number, including area code
 
___________________________________
Former address if changed since last report
 

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months and (2) has been subject to such filing requirements for the past 90 days. Yes [x] No [ ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 and Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). o Yes o No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer o
           
Accelerated Filer o
   
Non-Accelerated Filer o
(Do not check if a smaller reporting company)
   
Smaller Reporting Company þ
 


Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [X] No [ ]

Securities registered under Section 12(g) of the Exchange Act:

Common Stock $.001 par value

There were 247,550 shares of common stock outstanding as of July 12, 2011.



TABLE OF CONTENTS

_______________

 
           
PART I — FINANCIAL INFORMATION
              
ITEM 1.
           
INTERIM FINANCIAL STATEMENTS
              
ITEM 2.
           
MANAGEMENT’S DISCUSSION AND ANALYSIS AND PLAN OF OPERATION
              
ITEM 3
           
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
              
ITEM 4.
           
CONTROLS AND PROCEDURES
              
 
 
           
PART II — OTHER INFORMATION
              
ITEM 1.
           
LEGAL PROCEEDINGS
              
ITEM 1A
           
RISK FACTORS
              
ITEM 2.
           
UNREGISTERED SALES OF EQUITY SECURITIES
              
ITEM 3.
           
DEFAULTS UPON SENIOR SECURITIES
              
ITEM 4.
           
(REMOVED AND RESERVED)
              
ITEM 5.
           
OTHER INFORMATION
              
ITEM 6.
           
EXHIBITS
              
 
SIGNATURES
 


PART I — FINANCIAL INFORMATION

ITEM 1. INTERIM FINANCIAL STATEMENTS

CYBERSPACE VITA, INC.
(A Development Stage Company)
Balance Sheets

        As of
June 30,
2011
    As of
December
31,
2010
        (Unaudited)     (Audited)
ASSETS
                                     
 
Current Assets
Cash
              $           $    
 
TOTAL ASSETS
              $           $    
LIABILITIES & STOCKHOLDERS’ DEFICIT
                                     
 
Current Liabilities
Accounts payable
              $ 1,250          $ 339    
Accrued interest, related party
                 15,034             10,389   
Loans due to shareholders
                 176,793             146,782   
 
Total current liabilities
                 193,077             157,510   
 
TOTAL LIABILITIES
                 193,077             157,510   
 
Stockholders’ Deficit
 
Preferred stock, ($.001 par value, 10,000,000 shares authorized; none issued and outstanding)
                                 
Common stock, ($.001 par value, 100,000,000 shares authorized; 247,550 shares outstanding as of June 30, 2011 and December 31, 2010)
                 248              248    
Additional paid-in capital
                 44,030             44,030   
Deficit accumulated during development stage
                 (237,355 )            (201,788 )  
 
Total stockholders’ deficit
                 (193,077 )            (157,510 )  
 
TOTAL LIABILITIES & STOCKHOLDERS’ DEFICIT
              $           $    
 

See accompanying notes to financial statements.




CYBERSPACE VITA, INC.
(A Development Stage Company)
Statements of Operations
(Unaudited)

        Three Months
Ended
June 30,
2011
    Three Months
Ended
June 30,
2010
    Six Months
Ended
June 30,
2011
    Six Months
Ended
June 30,
2010
    Inception
(Nov. 7, 2006)
through
June 30,
2011
Revenues
              $           $           $           $           $    
Operating expenses
Professional fees
                 12,250             12,305             28,550             30,793             184,850   
General and administrative
                 459              150              2,372             300              37,472   
Operating loss
                 (12,709 )            (12,455 )            (30,922 )            (31,093 )            (222,322 )  
Other expenses
Interest expense
                 2,473             1,632             4,645             2,970             15,033   
Total other expenses
                 2,473             1,632             4,645             2,970             15,033   
Net loss
              $ (15,182 )         $ (14,087 )         $ (35,567 )         $ (34,063 )         $ (237,355 )  
Basic loss per share
              $ (0.06 )         $ (0.06 )         $ (0.14 )         $ (0.14 )                 
Weighted average number of common shares outstanding — basic
                 247,550             247,550             247,550             247,550                  
 

See accompanying notes to financial statements.




CYBERSPACE VITA, INC.
(A Development Stage Company)
Statements of Cash Flows
(Unaudited)

        Six Months
Ended
June 30,
2011
    Six Months
Ended
June 30,
2010
    Inception
(Nov. 7, 2006)
through
June 30,
2011

   
 
CASH FLOWS FROM OPERATING ACTIVITIES
                                                    
 
Net loss
              $ (35,567 )         $ (34,063 )         $ (237,355 )  
Changes in operating assets and liabilities:
Increase in accounts payable
                 911                           1,250   
Increase in accrued interest expense
                 4,645             2,970             15,033   
 
Net cash used in operating activities
              $ (30,011 )         $ (31,093 )         $ (221,072 )  
 
CASH FLOWS FROM FINANCING ACTIVITIES
                                                    
 
Proceeds from shareholder loans
                 30,011             31,093             176,793   
Additional paid-in capital
                                           30,769   
Proceeds from sale of common stock
                                           13,510   
 
Net cash provided by financing activities
                 30,011             31,093             221,072   
 
Net increase (decrease) in cash
                                              
 
Cash at beginning of period
                                              
 
Cash at end of period
              $           $           $    
 
Supplemental cash flow information:
                                                       
Cash paid during period for interest
              $           $           $    
Cash paid during period for income taxes
              $           $           $    
Cash contributed from cancellation of common stock
              $           $           $ 36,000   
 

See accompanying notes to financial statements.




CYBERSPACE VITA, INC.
(A Development Stage Company)
Notes to Financial Statements
June 30, 2011
(Unaudited)

NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS

The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for annual financial statements. In the opinion of management, all adjustments, consisting of normal recurring accruals considered necessary for a fair presentation, have been included. Operating results for the three and six months ended June 30, 2011 are not necessarily indicative of the results that may be expected for the year ending December 31, 2011. For further information, refer to the financial statements and footnotes thereto included in the Form 10-K for the year ended December 31, 2010.

Business description

The Company was incorporated under the laws of the State of Nevada on November 7, 2006. The purpose for which the Corporation is organized is to engage in any lawful act or activity for which a corporation may be organized under the General Corporation Law of the State of Nevada including, without limitation, to provide sales of vitamins and mineral supplements on the Internet.

The Company has been in the development stage since its formation on November 7, 2006. The Company has raised certain capital in an attempt to commence operation, however it has not done so. The Company’s current business plan is to explore potential targets for a business combination with the Company through a purchase of assets, share purchase or exchange, merger or similar type of transaction. As we have not yet commenced principal operations we consider ourselves a shell company and a Development Stage Company as defined by ASC 915 “Development Stage Entities.”

As used in these Notes to the Financial Statements, the terms the “Company”, “we”, “us”, “our” and similar terms refer to Cyberspace Vita, Inc.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

A. USE OF ESTIMATES

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.




CYBERSPACE VITA, INC.
(A Development Stage Company)
Notes to Financial Statements
June 30, 2011
(Unaudited)

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CON’T)

B. BASIC EARNINGS PER SHARE

The FASB issued SFAS No. 128, (ASC Topic 260) “Earnings Per Share”, which specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock. ASC 260 supersedes the provisions of APB No. 15, and requires the presentation of basic earnings (loss) per share and diluted earnings (loss) per share.

Basic net loss per share amounts is computed by dividing the net income by the weighted average number of common shares outstanding. Diluted earnings per share are the same as basic earnings per share due to the lack of dilutive items in the Company. Common stock equivalents are excluded from the computation if their effect is anti-dilutive. For all periods presented the Company has sustained losses, which would make use of equivalent shares anti-dilutive.

C. NEW ACCOUNTING PRONOUNCEMENTS

From time to time new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company’s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations and cash flows when implemented.

NOTE 3. GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company generated net losses of $237,355 from Inception (November 7, 2006) to June 30, 2011. This condition raises substantial doubt about the Company’s ability to continue as a going concern. The Company’s continuation as a going concern is dependent on its ability to meet its obligations, to obtain additional financing as may be required and ultimately to attain profitability. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence. Accordingly, these factors raise substantial doubt as to the Company’s ability to continue as a going concern.

The Company is dependent on loans from its principal shareholders for continued funding. There are no commitments or guarantees from any third party to provide such funding nor is there any guarantee that the Company will be able to access the funding it requires to continue its operations.




CYBERSPACE VITA, INC.
(A Development Stage Company)
Notes to Financial Statements
June 30, 2011
(Unaudited)

NOTE 4. RELATED PARTY TRANSACTIONS

At June 30, 2011, the Company had loans and notes outstanding from a shareholder in the aggregate amount of $165,334, which represents amounts loaned to the Company to pay the Company’s operating expenses. On June 30, 2008, a shareholder payable was exchanged for a 6% convertible promissory note with a principal balance of $8,111 due and payable on June 30, 2009. On September 30, 2008, an additional shareholder payable was exchanged for a convertible 6% promissory note with a principal balance of $11,500 due and payable on September 30, 2009. On December 31, 2008, the Company exchanged the convertible promissory notes dated June 30, 2008 and September 30, 2008, together with an additional shareholder payable in the amount of $14,906 for a promissory note in the amount of $34,517 bearing simple interest at a rate of 6% per annum due and payable on December 30, 2009. On March 31, 2009, the Payee under the Note and the Company executed a First Amendment to the Note whereby they agreed that additional shareholder advances in the amount of $16,915 would be considered as additional principal payable under the terms of the Note. On June 30, 2009, the Payee under the Note and the Company executed a Second Amendment to the Note whereby they agreed that additional shareholder advances in the amount of $13,420 would be considered as additional principal payable under the terms of the Note. On September 30, 2009, the Payee under the Note and the Company executed a Third Amendment to the Note whereby they agreed that additional shareholder advances in the amount of $13,324 would be considered as additional principal payable under the terms of the Note. On December 31, 2009, the Payee under the Note and the Company executed a Fourth Amendment to the Note whereby they agreed that additional shareholder advances in the amount of $12,275 would be considered as additional principal payable under the terms of the Note and further agreed to extend the maturity date of the Note to December 31, 2010. On March 31, 2010, the Payee under the Note and the Company executed a Fifth Amendment to the Note whereby they agreed that additional shareholder advances in the amount of $18,638 would be considered as additional principal payable under the terms of the Note. On June 30, 2010, the Payee under the Note and the Company executed a Sixth Amendment to the Note whereby they agreed that additional shareholder advances in the amount of $12,455 would be considered as additional principal payable under the terms of the Note. On September 30, 2010, the Payee under the Note and the Company executed aSeventh Amendment to the Note whereby they agreed that additional shareholder advances in the amount of $12,588 would be considered as additional principal payable under the terms of the Note. On December 31, 2010, the Payee under the Note and the Company executed an Eighth Amendment to the Note whereby they agreed that additional shareholder advances in the amount of $12,650 would be considered as additional principal payable under the terms of the Note and further agreed to extend the maturity date of the Note to December 31, 2011. On March 31, 2011, the Payee under the Note and the Company executed a Ninth Amendment to the Note whereby they agreed that additional shareholder advances in the amount of $18,552 would be considered as additional principal payable under the terms of the Note. On June 30, 2011, the Payee under the Note and the Company executed a Tenth Amendment to the Note whereby they agreed that additional shareholder advances in the amount of $11,459 would be considered as additional principal payable under the terms of the Note

Effective as of May 5, 2008, the Company entered into a Services Agreement with Fountainhead Capital Management Limited (“FHM”), a shareholder who holds approximately 80.8% of the Company’s issued and outstanding common stock. The original term of the Services Agreement was one year (and it has been extended to the end of fiscal year 2011) and the Company is obligated to pay FHM a quarterly fee in the amount of $10,000, in cash or in kind, on the first day of each calendar quarter commencing May 5, 2008. Total fees paid to FHM for the quarter ended June 30, 2011 were $10,000.




ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS AND PLAN OF OPERATION

The following discussion should be read in conjunction with our unaudited financial statements and the notes thereto.

Forward-Looking Statements

This quarterly report contains forward-looking statements and information relating to us that are based on the beliefs of our management as well as assumptions made by, and information currently available to, our management. When used in this report, the words “believe,” “anticipate,” “expect,” “estimate,” “intend”, “plan” and similar expressions, as they relate to us or our management, are intended to identify forward-looking statements. These statements reflect management’s current view of us concerning future events and are subject to certain risks, uncertainties and assumptions, including among many others: a general economic downturn; a downturn in the securities markets; federal or state laws or regulations having an adverse effect on proposed transactions that we desire to effect; Securities and Exchange Commission regulations which affect trading in the securities of “penny stocks,”; and other risks and uncertainties. Should any of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report as anticipated, estimated or expected. The accompanying information contained in this registration statement, including, without limitation, the information set forth under the heading “Management’s Discussion and Analysis and Plan of Operation—Risk Factors“ identifies important additional factors that could materially adversely affect actual results and performance. You are urged to carefully consider these factors. All forward-looking statements attributable to us are expressly qualified in their entirety by the foregoing cautionary statement.

Overview

We are presently a shell company (as defined in Rule 12b-2 of the Exchange Act) whose plan of operation over the next twelve months is to seek and, if possible, acquire an operating business or valuable assets by entering into a business combination. We will not be restricted in our search for business combination candidates to any particular geographical area, industry or industry segment, and may enter into a combination with a private business engaged in any line of business, including service, finance, mining, manufacturing, real estate, oil and gas, distribution, transportation, medical, communications, high technology, biotechnology or any other. Management’s discretion is, as a practical matter, unlimited in the selection of a combination candidate. Management will seek combination candidates in the United States and other countries, as available time and resources permit, through existing associations and by word of mouth. This plan of operation has been adopted in order to attempt to create value for our shareholders. For further information on our plan of operation and business, see PART I, Item 1 of our Annual Report on Form 10-K for the fiscal year ending 2010.

Plan of Operation

We do not intend to do any product research or development. We do not expect to buy or sell any real estate, plant or equipment except as such a purchase might occur by way of a business combination that is structured as an asset purchase, and no such asset purchase currently is anticipated. Similarly, we do not expect to add additional employees or any full-time employees except as a result of completing a business combination, and any such employees likely will be persons already then employed by the company acquired.

From inception, the Company’s business plan was to construct an e-commerce website by which we intended to engage in the sale of vitamins on the Internet. The Company has now discontinued its prior business and changed its business plan. The Company’s business plan now consists of exploring potential targets for a business combination through the purchase of assets, share purchase or exchange, merger or similar type of transaction. We anticipate no operations unless and until we complete a business combination as described above.

CRITICAL ACCOUNTING POLICIES

The methods, estimates and judgments we use in applying our accounting policies have a significant impact on the results we report in our financial statements, which we discuss under the heading ”Results of Operations“ following this section of our Plan of Operation. Some of our accounting policies require us to make difficult and subjective judgments, often as a result of the need to make estimates of matters that are inherently uncertain. Due to the life cycle stage of our Company every balance sheet account has inherent estimates.




RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2011 COMPARED TO JUNE 30, 2010.

As of June 30, 2011 and 2010, we have not generated any revenues.

        June 30, 2011     June 30, 2010     $ Change     % Change
Revenue
              $           $           $              —%    
Professional fees
                 12,250             12,305             (55 )            (.4%)   
G & A
                 459              150              309              206%   
Loss
              $ (15,182 )         $ (14,087 )         $ 1,095             7.8%   
 

The Company’s operations for the quarter ended June 30, 2011 showed only nominal changes from its operations in the comparable quarter of 2010. Professional fees incurred in both the quarters ended June 30, 2011 and 2010 include $10,000 in management services fees paid to Fountainhead Capital Management Limited and fees paid to the Company’s outside auditors and legal counsel. The Company also incurred interest expense of $2,473 and $1,632 for the three months ended June 30, 2011 and 2010, respectively.

RESULTS OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2011 COMPARED TO JUNE 30, 2010.

As of June 30, 2011 and 2010, we have not generated any revenues.

        June 30, 2011     June 30, 2010     $ Change     % Change
Revenue
              $           $           $              —%    
Professional fees
                 28,550             30,793             (2,243 )            (7.3%)   
G & A
                 2,372             300              2,072             691%   
Operating loss
              $ (35,567 )         $ (34,063 )         $ 1,504             4.4%   
 

The Company’s operations for the first six months ended June 30, 2011 showed only nominal changes from its operations in the comparable six months of 2010. Professional fees incurred in both the six months ended June 30, 2011 and 2010 include $20,000 in management services fees paid to Fountainhead Capital Management Limited and fees paid to the Company’s outside auditors and legal counsel. The Company also incurred interest expense of $4,645 and $2,970 for the six months ended June 30, 2011 and 2010, respectively.

LIQUIDITY AND CAPITAL RESOURCES

We have financed our operations during the quarter through proceeds from a loan from a shareholder in the amount of $11,459.

No stock was issued in the second quarter of 2011.

We had $0 cash on hand as of June 30, 2011 compared to $0 as of December 31, 2010. We will continue to need additional cash during the following twelve months and these needs will coincide with the cash demands resulting from implementing our business plan and remaining current with our Securities and Exchange Commission filings. There is no assurance that we will be able to obtain additional capital as required, or obtain the capital on acceptable terms and conditions.

Going Concern

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. The Company has not begun generating revenue, is considered a development stage company, has experienced recurring net operating losses, had a net loss of $(15,182) for the three months ended June 30, 2011, and a working capital deficiency of $193,077 at June 30, 2011. These factors raise substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty. We will need to raise funds or implement our business plan to continue operations.




Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide information required by this Item.

Item 4. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Our management, including our Chief Executive Officer, or CEO, and Chief Financial Officer, or CFO, reviewed and evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (the “Securities Exchange Act”)) as of the end of the period covered by this quarterly report. Based on that review and evaluation, the CEO and CFO have concluded that our current disclosure controls and procedures, as designed and implemented, (1) were effective in ensuring that information regarding the Company and its subsidiaries is made known to our management, including our CEO and CFO, as appropriate to allow timely decisions regarding required disclosure and (2) were effective in providing reasonable assurance that information the Company must disclose in its periodic reports under the Securities Exchange Act is recorded, processed, summarized and reported within the time periods prescribed by the SEC’s rules and forms.

Changes in Internal Control Over Financial Reporting

There have been no changes in our “internal control over financial reporting” (as defined in Rule 13a-15(f) under the Securities Exchange Act) that occurred during the period covered by this quarterly report that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II — OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

There are no legal proceedings which are pending or have been threatened against us or any of our officers, directors or control persons of which management is aware.

ITEM 1A. RISK FACTORS.

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide information required by this Item.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES

Except as may have previously been disclosed on a current report on Form 8-K or a quarterly report on Form 10-Q, we have not sold any of our securities in a private placement transaction or otherwise during the past three years.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

Not applicable.

ITEM 4. [REMOVED AND RESERVED]




ITEM 5. OTHER INFORMATION

None.

ITEM 6. EXHIBITS

Exhibit No.
        Description
31.1
           
Certification of Principal Executive Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2
           
Certification of Principal Financial Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1
           
Certification of Principal Executive Officer and Principal Financial Officer furnished pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
 




SIGNATURES

In accordance with the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

 
           
CYBERSPACE VITA, INC.
               
Date: August 15, 2011
           
By:  /s/ Geoffrey Alison
__________________________________
Geoffrey Alison
Director, CEO, President and Treasurer
(Principal Financial Officer)
               
 

EXHIBIT INDEX

Exhibit No.
        Description
31.1
           
Certification of Principal Executive Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2
           
Certification of Principal Financial Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1
           
Certification of Principal Executive Officer and Principal Financial Officer furnished pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.