THE CREATIVE AID

Page 1


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Gift of a Random Day

114

Gifts Worth Giving

118

Welcome Back

119

Finding s True-ish Altruism

120

A New Tradition

122

Things Old, Made New

123

Creative Gifts to Give

125

Down The Virtual Brick Road

127

Seen Through Teacup Eyes

128

Singapore 2014

130

The Great Tin City: Why Singapore

131

Singapore Pictures

132

Recollection: The Art and Artist of Singapore

134

Art with a Brain : Singapore Biennale

136

No Place Like Home

137

No Place Like Home: Continued

139

No Place is Like Home

140


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# EQPVTKDWVKQP D[ QPG QH QWT XGT[ VCNGPVGF EQQRGTCVKXG RCTVPGTU CPF HTKGPFU JCU UWRRNKGF OWUKE VQ \QPG QWV VQ YJKNG [QWT DWU[ ETCHVKPI VJCV OCIPKHKEGPV OCUVGTRKGEG 7TCPWU 5GXGPVJ RNCPGV HTQO VJG UWP )TGGM IQF QH VJG UM[ UNQYGUV QTDKV YKVJ C OGNNQY YQPFGTHWN UQWPF /WUKE D[ VJG 8GZZ Ì7TCPWUÍ %JTKU 6QQP Update: After a successful co-op, talented music artist Chris Toon wants to share his entire album with you! Be sure to show your support and enjoy.


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NEW YORK 2013: SETTING THE TONE The sound of the Great City.

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If you’ve set the tone before reading on, then this is how I feel...

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N E W Y O R K 2 0 1 3: RHAPSODY IN BLACK & WHITE CITY OF INSPIRATION

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SUNDAY 4:00 AM

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WHERE I N S P I R A T I O N T A K E S Y O U...

Here is the one place in the world where everything stands upside down, yet right side up. Buildings bolt down from the clouds and smash into the concrete of the wet sidewalks. They shatter the pavement with aging strength. Stars fastened in the sky have fallen onto the roads. Some are broken, others only dimmed. They travel to and from, shimmering red and white in a hazy morning mist. The oceans ebb and flow above us all, stirred by the wind. Its chilly breath drags – carrying away the city’s smog, dust and the smell of sulfur on its tongue. In a few minutes that ocean, with its dark, dusty grey-blue color, will ignite into a deep orange fire. The rays of warm red sunlight will pour out of its mouth and over the city washing it for the next day. I’m standing on the rooftop of our Neapolitan hotel. It’s 4:00 AM in New York on Sunday. This is our last day here. I realize, I adore this place or, that I adore the scene that exists in black and white. With sunrise approaching, this is the quietest time you’ll find here. The easiest time to think. Black-white, dusty-blue transitions into color. I put on my headphones. I listen. ! George Gershwin - Rhapsody in Blue 100! !


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TO NEW YORK WITH LOVE SUNDAY 1:15PM

This is One Hell of an Inspiring Place to be! I’m never surprised by the sheer amount of talent and imagination exhibited by the artists of the city. It's amazing to visit a place where experimentation, various arts, values and ideas are not only widely accepted, but very much encouraged to merge. This is why we make an annual visit. While demanding in spirit and at times overly stimulating, draining, and ego-saturated, New York is a mental overload of culture, knowledge and for the artist of any sort, a true connecting point of the views and freedoms of the many like-minded talent. Where we live, it's common to have your best creative ideas rejected for the lack of adhering to some existing standard of consumerist need. Culturally enhancing, technologically mind-shattering, or philosophically eyeopening concepts have no place here... if they don't sell. A changing, but still very much prevalent reality that exists in far too many places. In New York, there were amazing artists that challenged that overly prevalent pattern of thought and we were happy to see a few of our own ideas floating among the scene! 101! !


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This is why, to us, it is so important to travel and to see things outside what your typical art medium would be. At times, it can be difficult and exhausting to get people to trust, try, back, support or even just to hear your ideas. So it's invigorating to see various artists you've never heard of share the same conceptual observations, practices and theories. It's what I imagine it feels like to make a connection with someone from across the globe. With more cities to come and a wider array of countries to visit, New York for now, undoubtedly feels like our home, albeit an expensive place to live and a home that we cannot afford. Truly, an annual visit quite simply isn't enough for us, so here's our checklist to help you get the most out of your stay.

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FIND THINGS ON A WHIM SUNDAY 2:03PM

A Little Bird Told Me “This is the place that you’re looking for: The New Museum.” Despite what we'd expect, the most inspirational part of the trip wasn’t actually the New Museum itself (which was amazing), but it’s joining show “Open Structures.” Neither of which, did we specifically look for, but stumbling upon it made it all the more exciting of a find. In the New Museum window we had an art piece literally speak out to us from giant white letters reading : "PUT A BIRD ON IT!" With an art piece by Juan Fontanive that was almost exactly like one of our own ideas we had been trying to figure out the mechanics behind. This piece was massively inspirational to us, not because we saw our same exact idea in the window, but because we understood the idea beyond its atheistic. To see the physical representation of a piece by way of a shared thought process from another human mind was astounding. This piece was what brought us into the New Modern Museum’s show initially…

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SHUT UP AND LISTEN SUNDAY 2:45PM

The New Museum Usually we would opt out of joining a tour group, but in the spirit of the day (and in the spirit of hearing someone else speak for a change) we decided to squeeze into a group and listen to the tour guide speak on Llyn Foulkes' work in New York's New Museum. This may be a normal routine for some people, but it can be difficult for creative's' who'd rather take in an exhibition independent of other people's opinions. For us, it was more inspiring in this instance to not just take in our own opinions on someone's art, but to hear someone else's interpretation. It was an inspiring change of pace to hear details about the art we would not have noticed and to hear not only the history of the piece, but also the history of the interpretations of the pieces over many years.

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SEE ART YOU NEVER LOOK AT SUNDAY 3:00PM

Llyn Foulkes At least for one of us, the aesthetics of Llyn Foulkes' “Who’s on Third?” and his similar paintings, would not be the type of art I would normally be interested in. If I saw his work outside the museum, I wouldn't go in. If I saw an article or a website dedicated to his paintings, I wouldn't care to read about it. It turned out that he had much more similar opinions to us then I would have guessed and the technique in which he painted “Sleeping Rock” (1969) via the usage of dry rags to apply and wipe away paint was astounding. This isn't like "don't judge a book by its cover" but more like "don't judge a portrait by the blood dripping over its face."

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SEE THE WHOLE AS LARGER T HA N T H E S U M O F I T ‘ S P A R T S SUNDAY 5:00PM

Open Structures Next door to the New Museum was Open Structures, by far the most inspiring experience during our visit. Open Structures was a contemporary show/movement featuring 3D printed objects, DIY manuals, self empowering, educational and visionary projects in a room of collective thoughts right in line with our current vision. These artists were trying to change aspects of the world through important observations and clever artistic project statements. It was moving to see what a much larger impact you can have by simply gathering similar initiatives into the same room. The whole is absolutely greater than the sum of its parts, and a powerful collection of independent projects make a much larger impact than one standing alone.

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SEEK THE EDGE SUNDAY 6:35PM

The Edge of a new movement. The edge of Culture Seek the Edge of a new movement. In culture, if you aren't constantly seeking out the edges, then you’ll continue to believe that the world is still flat. Live there. Study it. Don’t round the sharp edges, they are meant to hurt. The first initial emotion walking into Open Structures, was not awe, but “Awww” with a heavy wave of disappointment. Seeing already finished projects standing in front of us, with the ideas we had worked countless hours trying to perfect, was immediately a shattering, yet jolting experience. It was only, just a month before visiting New York that with great confidence and clarity we knew the direction our next project should take and we knew it would be impactful. We had a grand idea, but figured it would take years to complete, years to even start, and it would be a long while before people would even be receptive enough to care for the ideas. But HERE it was - the same idea, in physical form, done and already having sat there, finished for months, and WE cared! We learned 2 lessons from this experience: 107! !


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With the world speeding up exponentially whatever you're ideas are they can be done. In fact, you're already a few years behind, if you think “The worlds not ready.� You cannot see the details of the edge of culture through a computer screen. We assumed in our modern society, keeping on the edge of culture and the waves of inspiration comes easily to everyone with a connection to the internet and a social media account. Ironically, the day you make this assumption, you see less of the world. Simply put, you cannot see, feel, or comprehend the details of the world through a screen. Years to come when tactile sensory information and avatars provide you with that possibility, you must realize that still, it will never make up for physically entering a new world, for physically traveling, for physically getting up off your ass and going!

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M I N D, B O D Y, S P I R I T, RELATIONSHIP RECHARGE SUNDAY 9:00PM

A Date Night… ! Date night!? Yes, it’s important. I’ll spare you the details of the full evening, but needless to say New York has some of the liveliest places to visit for a night out on the town with your significant other. We would normally choose to mellow out after a wiry fast paced day of running around the city by slowing down our tempo and zoning out to smooth contemporary styling's of NYC Groove’s best Jazz musicians. Our second option, as back up, to change the hue of the evening with tunes from the legendary Blue Note composers. But, this evening we would decided to try something a bit more spontaneous and off the grid. Two spots that did not disappoint.

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Peels: This was a great place to pick up brunch after visiting the New Modern museum complete with hard hitting cocktails, breakfast and “Frenchesque”, semi-hip atmosphere the equivalent to Atlanta’s own Flying Biscuit. The waitress were attentive, food was healthy and great, and the location was perfect for the two of us to chat on what to do next. Veloce: For an evening out and quality time with your spouse this is a wine bar that we undoubtedly will be back to. The Appetizers were awesome and the wine specialist very knowledgeable, while the atmosphere was a bit rowdy it was still pleasantly alluring and relaxing enough to change the pace of a whirlwind day of exploration.

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TARANTINOED SATURDAY Additional Places For us, Sunday (our last day in NYC) was the most inspiring day to find and visit places. If you wanted to know what we did the first half of the weekend, we’ve compiled a list. There are multiple galleries to check out in the Meat Packing District, Between 10th and 11th Ave, Perpendicular to 11th Ave And following Lincoln Highway. Many shops to visit with refreshingly robust and finely crafted items in Flatiron and downright good food on the Lower East Side. We spent most of our Saturday running between them all and crafting a list for you to use. So here is a compilation of places to visit, with photos on our Facebook and Pinterest pages to coincide. Check them out and let us know what you think. (In addition, here is a link to our Google maps for all the places we visited, listed bellow and highly recommend checking out.)

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Chambers Fine Art David Zwirner Gallery Jim Kempner Fine Art ET Modern Charles Bank Gallery Garis & Hahn ABC carpet factory Eli Klein Fine Art DTR Modern Galleries Parsons Drunken Horse (Bar) Bar Veloce 112! !


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SVA Cooper Union Muji (Creative Home goods) Obscura New Modern Museum & Open Structures Peels –Food Papabubble (Handmade Candy) Pylones (Art Toys)

Opera Gallery MOMA Design Store The Evolution Store

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TGEQTFKPI ECTT[KPI YKVJ KV VJG CDKNKV[ VQ GZRTGUU VJG WPKSWG UGPVKOGPV QH DGKPI JWOCP CPF YJCV KV TGCNN[ OGCPU VQ NKXG VJTQWIJ VJG UGPUGU KP CNN QH VJGKT ITCPFGWT (QT WU YQTMKPI KPFGRGPFGPVN[ UKVVKPI CV QWT QYP TGURGEVKXG EQORWVGTU YKVJ QWT QYP KPFKXKFWCN OWUKE NQWF CPF DNCTKPI QPG UQPI KP DQVJ QH QWT NKDTCTKGU LQNVGF WU KPVQ C OQOGPV QH EQOOQP CYCTGPGUU # OQOGPV QH WPURQMGP TGEQIPKVKQP QH QWT OWVWCN GOQVKQPU HQT VJKU RCTVKEWNCT UQPI OCFG WU UVQR UJWV QHH QWT EQORWVGTU SWGUVKQP CPF KPVGTCEV RQPFGTKPI KPFKXKFWCN CPF WPKXGTUCN SWGUVKQPU YG JCXG CNN UQOGJQY HQTIQVVGP VQ CUM CNQPI QWT DWU[ TQWVKPGU 9JCV HQNNQYGF YCU C RGTKQF QH UWDFWGF VJQWIJVU CEMPQYNGFIGF CPF UWURGPFGF KP VJG VTCPSWKN UQWPF QH VJG ITGCV XQECN JWOCP CRVKVWFG CPF TGEQIPKVKQP HQT UWEJ C JQN[ OQOGPV 9G UVWODNGF WRQP VJG PQVKQP VJCV CP WPMPQYP EQOOQPCNKV[ C UWFFGP UGPUG QH IGPWKPG EQPPGEVKQP EQWNF CEVWCNN[ DGEQOG C IKHV VQ RWPEVWCVG VJG RTQHQWPF RTGUGPV (TQO EQIPKVKQP VQ EGUUCVKQP EQPPGEVKQP GPLQ[OGPV OGOQT[ RCKP CPF VJG CDKNKV[ VQ HGGN CPF DG FGGRN[ OQXGF CTG TGOKPFGTU QH VJG ITGCV JWOCP CRVKVWFG VQ DG 6JKU YCU C IKHV QP C TCPFQO FC[ YJKEJ DQTG PQ RCTVKEWNCT UKIPKHKECPEG CEEQTFKPI VQ VJG ECNGPFCT ;GV YG YGTG IKXGP QPG QH VJQUG TCTG CPF URGEKCN OQOGPVU VJCV YQWNF TGOKPF WU YJCV KV KU VQ DG JWOCP +V YCU C OQOGPVCT[ GZRGTKGPEG VJCV GPEQWTCIGF WU CNQPI C EQNNGEVKXG RCVJ QH TGVJKPMKPI VJG IKHV IKXKPI GZRGTKGPEG KVUGNH ! ÂÂÁ


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5Q QP C TCPFQO FC[ KP VJG YGGM VQ DTGCM C OQPQVQPQWU TQWVKPG QH QPN[ LWUV GZKUVKPI C IKHV VQ JGNR [QW DGEQOG OQTG RTQHQWPFN[ RTGUGPV CU KH VQ RWV VJKPIU KP C UNQY OQVKQP KUQNCVG VKOG CPF UVTGVEJ VJCV OQOGPV GZVGPUKXGN[ KP JQPQT QH [QWT QYP RGTUQPCN CYCTGPGUU $GNQY KU VJG CHQTGOGPVKQPGF UQPI KP JQRGU VJCV VJKU TGOKPFU [QW YJCV KV OGCPU VQ DG JWOCP KP YJCVGXGT YC[ KV JGNRU [QW TGCNK\G [QWT QYP CRVKVWFG ÌVQ DG«Í

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9 ' . % 1 / ' $ # % - 9G UWRRQTV CNN VJKPIU IQQF HQT VJG EQNNGEVKXG CPF WPKVGF JGCTV KP QTFGT VQ UGGM CP QXGTCNN RGTURGEVKXG QH C JGCNVJKGT KPVGNNGEVWCNN[ GZRCPUKXG JWOCP EQPFKVKQP ಻ # RWTEJCUGF IKHV ECPPQV RQUUKDN[ ECRVWTG VJG UGPVKOGPV QH NKHG U OQOGPVCT[ CEVWCNKV[ QT JQNF C VTWG UKIPKHKECPEG KP VJG QXGTCNN TGCNKV[ QH EQPUEKQWU CYCTGPGUU %JTKUVOCU HQT WU GXGP YKVJ IKHVU IKXGP QWV QH VJG RWTG CPF GCIGT KPVGPV VQ UGG VJG QVJGT RGTUQP JCRR[ YCU UVKNN OQUVN[ GORV[ IGUVWTGU (QT WU PQVJKPI EQWNF EQPVCKP VJG GUUGPEG QH LQ[ KP EGNGDTCVKPI CP CEEQORNKUJOGPV OCFG RQUUKDNG D[ HTKGPFU CPF HCOKN[ (QT VJCV YG CNUQ VJCPM [QW

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5VGXG .GXKVVÊU 2TQHGUUQT QH 'EQPQOKEU CV VJG 7PKXGTUKV[ QH %JKECIQ CPF EQ CWVJQT QH VJG (TGCMQPQOKEÊU IGPWKPG EQPEGRV QP YJCV KV TGCNN[ OGCPU VQ IKXG UQOGQPG C IKHV UWIIGUVU

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OWEJ OQTG OGCPKPIHWN CNVGTPCVKXG +P EQPENWUKQP QWT WPEQPXGPVKQPCN CRRTQCEJ YG EJQUG JKPIGF QP VJG DCUKU VJCV C JQNKFC[ UWEJ CU %JTKUVOCU UJQWNF PQV DG FGHKPGF D[ EQPUWOGTKUV FKEVCVKQP CPF KPUVGCF HQEWU QP UQOG HQTO QH C RWTG PQP EQOOGTEKCN CNVTWKUO

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ÌVQ OCMG [QW YJQNG Í YG FGEKFGF VQ IKXG IKHVU VJCV YQWNF OCMG WU PGY #U C TGUWNV YG OGTIGF %JTKUVOCU CPF 0GY ;GCTÊU CPF YQWNF PQY EGNGDTCVG CP GPVKTGN[ PGY VTCFKVKQP KP TGURGEV VQ DQVJ JQNKFC[U 6JG QDXKQWU CPF EQPUKUVGPV TGUQNWVKQP YQWNF EQOG CDQWV C IQCN VQ CNYC[U PCVWTCNN[ EQPVKPWG HQTYCTF YKVJ PGY VJQWIJVHWN EJCNNGPIGU TCVJGT VJCP VQ NGV GCEJ [GCT HCFG QWV QP QNF DTQMGP RTQOKUGU OCFG VJG GXG DGHQTG ÂÃÁ !


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1WT IKHVU YQWNF CFXCPEG QWT RGTUQPCN CPF EQNNGEVKXG CURKTCVKQPU KP JCRRKPGUU ITQYVJ CPF PGYPGUU KP YJCVGXGT HQTO YG DGNKGXGF YQWNF JGNR UWRRQTV VJG QVJGT QT CKF WU DQVJ KP VTCXGTUKPI C RGTUQPCN CPF QT EQNNGEVKXG RCVJ 6JKU GNKOKPCVGF VJG KFGC QH 9#06+0) QT 0''&+0) HQT %JTKUVOCU CPF OCFG WU UKPEGTGN[ HQEWU YJQNG JGCTVGFN[ QP GCEJ QVJGTÊU HWVWTG YGNNDGKPI CU YGNN CU CEMPQYNGFIGOGPV HQT VJG QVJGTU IQCNU FTGCOU CPF CODKVKQPU

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SWGUVKQP C HGY QH VJG XKUKQPCTKGU DGJKPF VJG YQTM 9JKNG YG ECPÊV UJCTG CNN VJG CEVWCN YQTMU CU QH [GV KH [QW NQXG HKNOU NKMG YG FQ JGTG KU C RFH QH VTCKNGTU CPF UJQTVU KP JQRGU QH KPURKTKPI [QW VQ RCUU QP VJG IKHV QH QRRQTVWPKV[ CPF QPG UJQTV VJCV YG TGCNN[ GPLQ[GF /CNCTKC HTQO 'FUQP 1FC #DKNKV[ 6JG UGEQPF IKHV VJG CDKNKV[ VQ HN[ YCU C ITGCV QPG VQQ /QTG VJCP LWUV VJG CDKNKV[ VQ HN[ C RNCPG KV YCU CP CRRTGEKCVKQP HQT GZVGPFKPI QPGÊU ECRCEKV[ VQ NGCTP CPF ECRCDKNKV[ VQ FQ )QKPI HCT DG[QPF VJG DWUKPGUU QT UEJQQN TGNCVGF CRRTQCEJ QH NGCTPKPI YJCVÊU GZRGEVGF DGECWUG [QW *#8' VQ FQ UQ CPF KPVQ UQOGVJKPI VJCV ECP WNVKOCVGN[ DG RGTUQPCNN[ UCVKUH[KPI UVTGUU TGNKGXKPI CPF KPHKPKVGN[ GZRCPUKXG (QT OG KVÊU PQV VJG KFGC QH NGCTPKPI VQ HN[ C RNCPG VJCV OQVKXCVGU OG DWV VJG KFGC QH CP ÌCDKNKV[Í KP KVUGNH QT C UMKNN VQ FQ UQOGVJKPI VJCV [QW RTGXKQWUN[ EQWNF PQV .GXGN WR 'ZRGTKGPEG ಻ 6JG VJKTF IKHV IKXGP YCU VJG GZRGTKGPEG QH VTCXGN ಻+V YCU QPN[ C [GCT CIQ VJCV YG JCF VJG RNGCUWTG VQ TGXKUKV 0GY ;QTM PQY QP VJKU 0GY 0GY ;GCTÊU ÈYG YQWNF VTCXGN VQ C RNCEG VJCV YQWNF CEVWCNN[ UGTXG CU C VTGOGPFQWU UQWTEG QH KPURKTCVKQP HQT ÂÃÁ !


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5 ' ' 0 6 * 4 1 7 ) * 6 ' # % 7 2 ' ; ' 5 6JTQWIJ VJG G[GU QH QWT HWVWTG UGNXGU YG EQWNF UGG C ITGCV O[VJKECN ETGCVWTG CPF KVU EWD GOGTIG HTQO VJG UGC CPF TGUV QP C ETGUV QH YCXGU 5VCPFKPI QXGT OGVGTU VCNN KV JCF VJG JGCF QH C NKQP CPF VJG DQF[ QH C HKUJ CPF CU KV QRGPGF KVU OQWVJ YKFG UQOGVJKPI NKMG C YCVGTHCNN C EQPVKPWQWU ECUECFKPI UVTGCO RQWTGF HTQO KVU LQYNU YKVJ C OWNVKVWFG QH EQNQTHWNN[ XKDTCPV HKUJ HTQO VJG GCUV CPF YGUV $QVJ GCTU QH VJKU IKCPV JCF DGGP DWTPGF HTQO VJG UM[ 9JKNG VJG TKIJV UVKNN CDNC\G OQTG FGCHGPGF YCU VJG NGHV +V U UECNGU OCFG QH RQTEGNCKP RNCVGU UJKOOGTGF CPF KVU JGCF OCFG QH EQPETGVG HKZGF JKIJ KVU GZRTGUUKQP QH EQPHKFGPEG HQT CNN VKOG CPF GXGT[QPG VQ UGG +VU G[GU YGTG UOCNN TGF VGCEWRU HKNNGF YKVJ VJG FTKPM QH TGFKUEQXGT[ +VU CEQWUVKECN TQCT YCU C ITGCV QPG +VU ET[ TGXGTDGTCVGF FGGR KP VJG DGNN[ QH VJG QEGCP CPF DQTTQYGF VJTQWIJ VJG JGCXKGUV YGKIJV QH VJG RCEKHKE +VU KPUKFGU YGTG PQV CNYC[U OGEJCPKECN # VGEVQPKE TKDECIG GPECUGF CP QNF JGCTV 6JG ! ÂÃÁ


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OCLGUV[ QH VJKU ETGCVWTG YCU FKXKPKV[ CPF KVU RWTT YCU YGNEQOKPI #U KV UVCTGF QHH VJG JQTK\QP QH VJG #PEKGPV EKV[ QH VJG UGC CPF QXGT VJG \GPKVJ QH C NCPF QH RTQITGUUKQP KVU TQCT D[ ITGCV FKUVCPEG FTQYPGF WPFGT VJG QEGCP C NQY HTGSWGPE[ GEJQ PGCTN[ UKNGPV C TWODNKPI UGKEJG YQWNF ECNN QWV VQ CNN YJQ NQXG CTV CPF JCTOQP[ GCV YKVJ O[ EWD FTKPM HTQO O[ G[GU CPF EQOG VQ DG KPURKTGF D[ CNN VJCV KU WPKSWGN[ VJKU ITGCV EKV[ ÂÃÁ !


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5 + 0 ) # 2 1 4 ' # 0 ' 9 0 ' 9 ; ' # 4 + 0 # 0 ' 9 0 ' 9 2 . # % '

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ÂÄÁ


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ÂÄÁ !


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5KPICRQTG QHHGTGF C UGGOKPIN[ EQPVTCFKEVQT[ CPF QRRQUKVKQPCN CTEJKVGEVWTCN UGPUG VJCV DCNCPEGF KVUGNH GZVTGOGN[ YGNN 2CUV CPF RTGUGPV YQWNF EQOG VQIGVJGT UGCONGUUN[ VQ DWKNF UQOGVJKPI PGY HQT VJG HWVWTG *QY KTQPKE 6JKU YCU VJG QHHGTKPI QH PGYPGUU YG YGTG NQQMKPI HQT YKVJ VJG RTQOKUG QH UQOGVJKPI VJCV YG EQPPGEVGF YKVJ QP C FGGRGT NGXGN 6JG CTVKUVKE OGTKV QH /QUJG 5CNHKG U CTEJKVGEVWTG CNQPG YCU GPQWIJ VQ IGV QWT DCIU RCEMGF DWV VJG OGTG HCEV VJCV C WPKVCT[ UVCVG YQWNF CNNQY UWEJ YKNFN[ QRGP HQTOU QH CTEJKVGEVWTG YCU EQPHWUKPI 6JGUG YGTG OCUUKXGN[ EQPUVTWEVGF UWRGT DWKNFKPIU CPF VJG[ GPVTCRRGF QWT EWTKQUKV[ GPVKEKPI WU VQ HWTVJGT HKPF QWV OQTG DGJKPF VJG CTV CPF RJKNQUQRJKGU QH UWEJ C EQPVTCUVKPI RNCEG ! ÂÄÁ


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4 ' % 1 . . ' % 6 + 1 0 # 0 & 6 * ' 4 1 1 / 1 ( . 1 0 ) + 0 )

6JG #TV #TVKUV QH 5KPICRQTG 9JGP YG TGECNN QWT VTKR VQ 5KPICRQTG VJGTG CTG C HGY CTVKUVU VJCV URTKPI VQ QWT OKPFU 6JGUG CTG URGEKCN CTVKUVU VJCV JCXG HQWPF C RNCEG KP QWT ETGCVKXG JGCTVU CU NKMG OKPFGF VJQWIJV RTQXQMKPI OCUVGTU ,GTGO[ 5JCTOC CPF JKU GZRNQTCVKQP KPVQ VJG GNGEVTQOCIPGVKE RWNUG QH C EQNNCRUGF UVCT ICXG WU C PGY NGXGN QH CYCTGPGUU YKVJKP QWT QYP RTQLGEVU CPF KFGCU 6QPK -CPYCÊU XKGY KPVQ VJG %QUOQNQI[ QH .KHG UJQYGF WU VJG RQUUKDKNKV[ CPF RQVGPVKCN QH JWOCP VGPCEKV[ FQYP VQ VJG VKPKGUV FGVCKN 5W\CPP 8KEVQTUÊ 4CKPDQY %KTENG TGOKPFGF WU QH VJG QTICPKE QEEWTTGPEGU YKVJKP PCVWTG YG QHVGP ÂÄÁ !


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

4Q[UVQP 6CP -WOCTK 0CJCRRCP 5QQMQQP #PI #PQP 2CKTQV -JXC[ 5COPCPI 5JKGMQ 4GVQ

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# 4 6 9 + 6 * # $ 4 # + 0 # OWNVKVWFG QH YQTM CPF C VTGOGPFQWU CTTC[ QH VCNGPVGF 5KPICRQTGCP CTVKUVU PQV LWUV HTQO 5#/ 3 QT VJG 0CVKQPCN /WUGWOU DWV 4GF&QV CPF XCTKQWU QVJGT ICNNGTKGU TGUQPCVGF YKVJ WU UKORN[ HCT VQQ OCP[ VQ NKUV JGTG *QYGXGT QPG QH O[ RGTUQPCN HCXQTKVGU YCU 4Q[UVQP 6CPÊU )JQUV QH %CRKVQN 6JGCVTG C OGUOGTK\KPI XKFGQ RGTHQTOCPEG VJCV TGOKPFGF WU QH VJG DGCWV[ YKVJKP VJG FGUKTG VQ MGGR C OGOQT[ NKMG VJCV QH QWT 5KPICRQTG VTCXGN CNKXG 'ZVTCEVGF HTQO VJG 1TKIKPCN 5KPICRQTG $KGPPCNG 'FWECVKQPCN -KVU CPF #TV (QNKQU QH QXGT HGCVWTGF CTVKUVU YGÊXG EQORKNGF C RFH QH LWUV C HGY QH VJG YQTM YG JCF C EJCPEG VQ UGG 5KPICRQTG $KGPPCNG %76 ;QW ECP HKPF OQTG %TGCVKXG #TVHQNKQU JGTG 1TKIKPCN 5KPICRQTG $KGPPCNGU 70%76

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0 1 2 . # % ' . + - ' * 1 / ' ;GU UQOG QH YJCV [QW OC[ JCXG JGCTF KU CEVWCNN[ VTWG #TG [QW EJGYKPI IWO YJKNG TGCFKPI VJKU! 9GNN 5KPICRQTG TGVCKPU DQVJ EQTRQTCN RWPKUJOGPV KP VJG HQTO QH ECPKPI CPF ECRKVCN RWPKUJOGPV D[ JCPIKPI HQT UGTKQWU QHHGPUGU 5Q MKEM QHH [QWT TWD[ TGF UNKRRGTU CPF IGV CESWCKPVGF YKVJ C HGY QH VJG WPNCYHWN EWUVQOU JGTG VQ CXQKF ż ż ż ż ż ż ż ż ż

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(QT CNN VJG RGPCNVKGU CPF DCPU QP YJCV UQOG RGQRNG YQWNF EQPUKFGT EQOOQP EQWTVGU[ 5KPICRQTG JCU C NQV VQ QHHGT KH [QW CTG QRGP CPF YKNNKPI VQ UGGKPI PGY VJKPIU 9G CTG 016 CFXQECVKPI CEEGRVCPEG QH VJG NCYU PQT CTG YG FGOGCPKPI QT GXGP UWIIGUVKPI VJCV VJG NCYU CTG PQV C DKV TKFKEWNQWU $WV VJKU KU OGCPV HQT VJG CTV NQXGT CPF VQ GZRTGUU ! ÂÄÁ


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QWT CRRTGEKCVKQP HQT VJG ETGCVKXG TG EJCTIG CPF QXGTCNN GPNKIJVGPKPI GZRGTKGPEG OCFG RQUUKDNG D[ 5KPICRQTG #NVJQWIJ JQPGUVN[ KH [QW JCXG GXGT UOGNNGF FWTKCP KP ENQUG RTQZKOKV[ VJGP [QWÊNN WPFGTUVCPF VJG FGEKUKQP VQ FGGO KV ETKOKPCNN[ QHHGPUKXG

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0 1 2 . # % ' . + - ' * 1 / ' %QPVKPWGF +VÊU FKHHKEWNV VQ URGCM CDQWV 5KPICRQTG YKVJQWV OGPVKQPKPI VJG RQNKVKEU #TVKUVU YGÊ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ÊTG LWUV PQV UWTG JQY GHHGEVKXG QT JQY RQNKVKECNN[ XKUKDNG VJKU UKFG QH VJG UEGPG KU 9G YGTG TGNWEVCPV VQ XKUKV 5KPICRQTG CHVGT TGUGCTEJKPI VJG RQNKEKGU CPF RTKPEKRNGU DWV KV FQGU UVCPF VQ TGCUQP VJCV YJKNG 5KPICRQTG FQGU KP HCEV JCXG UQOG QH VJG UVTKEVGUV NCYU YGÊXG GPEQWPVGTGF VJWU HCT KV TGOCKPU QPG QH VJG UCHGUV ÂÄÁ !


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RNCEGU YGÊXG GXGT XKUKVGF YKVJ XGT[ HGY QH VJG NCYU CEVWCNN[ UVTKEVN[ GPHQTEGF

0 1 2 . # % ' + 5 . + - ' * 1 / ' #U YGÊXG UVCVGF OCP[ VKOGU DGHQTG VTCXGN KU GUUGPVKCN VQ RGTUQPCN CPF ETGCVKXG ITQYVJ 1HVGP VKOGU RNCEGU CTG PQV CU VJG[ UGGO QT HQT VJCV OCVVGT JQY QVJGTU YQWNF NKMG VJGO VQ DG RQTVTC[GF 6TCXGNKPI JGNRU VQ GFWECVG CPF DTQCFGP VJG UEQRG QH [QWT QYP RGTUQPCN RGTURGEVKXG HQT C OQTG YGNN TQWPFGF CPF GFWECVGF RGTUQPCN QRKPKQP +P KV YCU PWODGT QPG RNCEG VQ NKXG HQT YJCV %00 CDUWTFN[ UVCVGF YCU VJG Ì(NKOUKGUV GZEWUG VQ ICVJGT VJQWUCPFU QH RGQRNG CPF RNC[ YKVJ NCPVGTPU Í #U QH (QTDGU NKUV UWIIGUV 5KPICRQTG CU QPG QH VJG VQR RNCEGU KP VJG YQTNF VQ DG DQTP #U QH %00 VKVNGU 5KPICRQTG ÌVJG OQUV GZRGPUKXG RNCEG KP VJG YQTNF VQ NKXG Í *GTG KU C NKPM VQ QWT )QQING OCRU HQT CNN VJG RNCEGU YG XKUKVGF NKUVGF CPF JKIJN[ TGEQOOGPF EJGEMKPI QWV

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