INCORPORATION IN NEVADA

Entity flexibility is one of the great features of incorporating in Nevada.  With respect to stock, Nevada corporations may issue stock for capital, services, personal property, or real estate, including leases and options.  Further, in contrast to Delaware, Nevada allows unlimited stock of any par value.  In addition, Nevada corporations may purchase, hold, sell or transfer shares of its own stock.  Finally, Nevada entities may purchase, hold, mortgage and convey personal or real property anywhere in the world.