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TABLE OF CONTENTS

1.  Introduction

2.  Checklist

3.  Entity Formation

a.  Names
b.  Type of Entity
c.  Location
d.  Government Filings
e.  Internal Documents

4.  Initial Operations

a.  Office and Equipment
b.  Personnel
c.  Investor Relations
d.  Risk Management
e.  Intellectual Property

5.  Financial Matters

a.  Capitalization
b.  Books and Records
c.  Compensation
d.  Taxes
e.  Distributions

6.  Conclusion

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400 Oceangate, Suite 700 • Long Beach, California 90802 • Phone (562) 216-2614 • Fax (562) 216-2611 • Legal