t71001_sc13da.htm



 
UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
 
 
SCHEDULE 13D/A
(Rule 13d-101)
 
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(a)
 
Under the Securities Exchange Act of 1934
(Amendment No. 17)
 
PRICESMART, INC.

(Name of Issuer)
 
COMMON STOCK, PAR VALUE $0.0001 PER SHARE

(Title of Class of Securities)
 
741511109

(CUSIP Number)
 
SHERRY BAHRAMBEYGUI
C/O THE PRICE GROUP LLC
7979 IVANHOE AVENUE, SUITE 520
LA JOLLA, CALIFORNIA 92037
TELEPHONE (858) 551-2319

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
 
June 14, 2011

(Date of Event which Requires Filing of this Statement)
 
 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
 
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 

 
 
CUSIP NO. 741511109
SCHEDULE 13D/A
 
 
 
 
 
1.
Names of Reporting Persons
Robert E. Price
 
 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
       
   
(a)
o
       
   
(b)
x
     
 
3.
SEC Use Only
 
 
4.
Source of Funds (See Instructions)
PF, WC, AF, OO
 
 
5.
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o
 
 
6.
Citizenship or Place of Organization
United States of America
 
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7.
Sole Voting Power
3,187,517 (See Item 5)
 
8.
Shared Voting Power
6,224,236 (See Item 5)
 
9.
Sole Dispositive Power
3,187,517 (See Item 5)
 
10.
Shared Dispositive Power
6,224,236 (See Item 5)
 
 
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
9,411,753 (See Item 5)
 
 
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o
 
 
13.
Percent of Class Represented by Amount in Row (11)
31.5%1
 
 
14.
Type of Reporting Person (See Instructions)
IN
 
 
 


1           Based upon 29,897,996 shares of Common Stock outstanding as of March 31, 2011 as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on April 7, 2011.
 
 
 

 
 
CUSIP NO. 741511109
SCHEDULE 13D/A
 
 
 
 
 
1.
Names of Reporting Persons
Price Charities (formerly known as San Diego Revitalization Corp.)
 
 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
       
   
(a)
o
       
   
(b)
x
     
 
3.
SEC Use Only
 
 
4.
Source of Funds (See Instructions)
WC, OO
 
 
5.
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o
 
 
6.
Citizenship or Place of Organization
California
 
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7.
Sole Voting Power
0 (See Item 5)
 
8.
Shared Voting Power
2,889,335 (See Item 5)
 
9.
Sole Dispositive Power
0 (See Item 5)
 
10.
Shared Dispositive Power
2,889,335 (See Item 5)
 
 
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
2,889,335 (See Item 5)
 
 
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o
 
 
13.
Percent of Class Represented by Amount in Row (11)
9.7%2
 
 
14.
Type of Reporting Person (See Instructions)
OO – Nonprofit Corporation
 
 
 
 

2            Based upon 29,897,996 shares of Common Stock outstanding as of March 31, 2011 as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on April 7, 2011.
 
 
 

 
 
CUSIP NO. 741511109
SCHEDULE 13D/A
 
 
 
 
 
1.
Names of Reporting Persons
Sol and Helen Price Trust, dated February 20, 1970 (“Sol & Helen Price Trust”)
 
 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
       
   
(a)
o
       
   
(b)
x
     
 
3.
SEC Use Only
 
 
4.
Source of Funds (See Instructions)
OO
 
 
5.
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o
 
 
6.
Citizenship or Place of Organization
California
 
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7.
Sole Voting Power
0 (See Item 5)
 
8.
Shared Voting Power
2,243,122 (See Item 5)
 
9.
Sole Dispositive Power
0 (See Item 5)
 
10.
Shared Dispositive Power
2,243,122 (See Item 5)
 
 
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
2,243,122 (See Item 5)
 
 
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o
 
 
13.
Percent of Class Represented by Amount in Row (11)
7.5%3
 
 
14.
Type of Reporting Person (See Instructions)
OO – Trust
 
 
 
 

3          Based upon 29,897,996 shares of Common Stock outstanding as of March 31, 2011 as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on April 7, 2011.
 
 
 

 
 
This Amendment No. 17 (this “Amendment”) relates to the common stock, par value $0.0001 per share (“Common Stock”), of PriceSmart, Inc., a Delaware corporation (“PriceSmart”), and amends that certain Schedule 13D jointly filed by The Price Group LLC, a California limited liability company, Price Charities (formerly known as San Diego Revitalization Corp.), a California nonprofit public benefit corporation, and Robert E. Price and Sol Price, natural persons, with the Securities and Exchange Commission (“SEC”) on October 29, 2004, as amended by Amendment No. 1 thereto, filed with the SEC on January 10, 2005, and by Amendment No. 2 thereto, filed with the SEC on January 18, 2005, and by Amendment No. 3 thereto, filed with the SEC on May 9, 2005, and by Amendment No. 4 thereto, filed with the SEC on January 9, 2006, and by Amendment No. 5 thereto, filed with the SEC on February 14, 2006, and by Amendment No. 6 thereto, filed with the SEC on February 24, 2006, and by Amendment No. 7 thereto, filed with the SEC on May 10, 2007, and by Amendment No. 8 thereto, filed with the SEC on May 22, 2007, and by Amendment No. 9 thereto, filed with the SEC on October 31, 2007, and by Amendment No. 10 thereto, filed with the SEC on November 15, 2007, and by Amendment No. 11 thereto, filed with the SEC on July 28, 2008, and by Amendment No. 12 thereto, filed with the SEC on July 21, 2009, and by Amendment No. 13 thereto, filed with the SEC on September 8, 2010, and by Amendment No. 14 thereto, filed with the SEC on September 24, 2010, and by Amendment No. 15 thereto, filed with the SEC on January 27, 2011, and by Amendment No. 16 thereto (“Amendment 16”) , filed with the SEC on May 25, 2011 (such Schedule 13D, as so amended, being this “Schedule 13D”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in this Schedule 13D.
 
 
ITEM 2.
IDENTITY AND BACKGROUND.  
 
Item 2 of this Schedule 13D is hereby amended and restated as follows:
 
 
(a), (f)
This Amendment is being jointly filed by (i) Robert E. Price, a natural person and citizen of the United States of America, (ii) Price Charities (formerly known as San Diego Revitalization Corp.), a California nonprofit public benefit corporation (“Price Charities”), and (iii) the Sol and Helen Price Trust, dated February 20, 1970, a California trust (“Sol & Helen Price Trust”) (collectively, the “Reporting Persons”).
 
The directors and officers of Price Charities (collectively, the “Price Charities Directors and Officers”), each of whom is a citizen of the United States of America, are as follows:
 
  Robert E. Price Director and President
  Allison Price  Director and Vice President
  Sherry S. Bahrambeygui  Director, Executive Vice President and Secretary
  William Gorham Director
  Dede Alpert  Director
  John Eckstein Director
  Sue Reynolds Director
  Jeff Fisher Chief Financial Officer
 
Each Reporting Person and each Price Charities Director and Officer disclaims membership in a group with any person with respect to any PriceSmart Common Stock.

 
(b)-(c)
The principal executive office of Price Charities, and the principal business address of each of Mr. R. Price, the Sol & Helen Price Trust, and each of the Price Charities Directors and Officers, is 7979 Ivanhoe Avenue, Suite 520, La Jolla, California  92037.
 
 
 
The principal business of Price Charities is to function as a public charity.  The principal business of the Sol & Helen Price Trust is to manage the assets of the trust on behalf of the beneficiary, the Price Family Charitable Fund.  The principal occupation of Mr. R. Price is President of Price Charities and Price Family Charitable Fund. Mr. R. Price also is Chairman of the Board of Directors of PriceSmart, a manager of The Price Group, LLC, the sole trustee of the Sol & Helen Price Trust and the trustee of various other family trusts.  The principal occupation of Ms. A. Price is homemaker.  Ms. A. Price is also a trustee of various family trusts.  The principal occupation of Ms. Bahrambeygui is manager of The Price Group, LLC, Executive Vice President and Secretary of Price Charities and Executive Vice President and Secretary of the Price Family Charitable Fund.  The principal occupation of each of Mr. Gorham and Ms. Alpert is self-employed investor.  The principal occupation of Mr. Eckstein is physician.  The principal occupation of Mr. Fisher is Chief Financial Officer of Price Charities and an employee of The Price Group, LLC.  The principal occupation of Ms. Reynolds is community developer.
 
 
 

 
 
 
(d)-(e)
During the last five years, none of the Reporting Persons, nor any of the Price Charities Directors and Officers has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation of such laws
 
 
ITEM 5.
INTERESTS IN SECURITIES OF THE ISSUER.
 
Items 5(a) and 5(b) of this Schedule 13D are hereby amended and restated as follows:
 
(a)-(b)4,5
 
(1)  Robert E. Price
 
Mr. R. Price presently may be deemed to beneficially own an aggregate of 9,411,753 shares of PriceSmart Common Stock, which represents approximately 31.5% of the outstanding Common Stock.  Of such shares, Mr. R. Price may be deemed to have sole voting and dispositive power with respect to 3,187,517 shares and shared voting and dispositive power with respect to 6,224,236 shares.  Of the shares for which Mr. R. Price may be deemed to have sole voting and dispositive power, (i) 2,243,122 shares are owned directly by the Sol & Helen Price Trust, of which Mr. R. Price is sole trustee, (ii) 944,315 shares are owned directly by The Price Group, LLC which Mr. R. Price is the controlling manager of, and (iii) 80 shares are held in Mr. R. Price’s 401(k) retirement account.  Of the shares for which Mr. R. Price may be deemed to have shared voting and dispositive power, (i) 220,600 shares are owned directly by the Price Family Charitable Trust which Mr. R. Price and Ms. Bahrambeygui are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; (ii) 2,889,335 shares are owned directly by Price Charities which Mr. R. Price is a director and President of and as such may be deemed to share voting and dispositive power over such shares; (iii) 794,778 shares are owned directly by the Robert & Allison Price Trust which Mr. R. Price and Ms. A. Price are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; (iv) 2,245,168 shares are owned directly by the Robert & Allison Price Charitable Trust which Mr. R. Price and Ms. A. Price are co-trustees of and as such may deemed to share voting and dispositive power over such shares; (v) 5,210 shares are owned directly by the Benjamin Price Trust UTD 9/22/89 which Mr. R. Price and Ms. Bahrambeygui are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; (vi) 18,805 shares are owned directly by the Rebecca Price Trust UTD 9/22/89 which Mr. R. Price, Ms. A. Price and Ms. Rebecca Price Brewer are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; (vii) 18,805 shares are owned directly by the Sarah Price Trust UTD 9/22/89 which Mr. R. Price, Ms. A. Price and Ms. Sarah Price Keating are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; (viii) 18,805 shares are owned directly by the David Price Trust UTD 9/22/89 which Mr. R. Price, Ms. A. Price and Mr. David Price are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; and (ix) 12,730 shares are owned by The Price Family Charitable Fund which Mr. R. Price is a director and President of and as such may be deemed to share voting and dispositive power over such shares.  Ms. A. Price is the wife of Mr. R. Price.  To the extent she may be deemed to beneficially own any shares, they are included in the shares reported as may be deemed to be beneficially owned by Mr. R. Price.  Each of Mr. R. Price, Ms. A. Price, Ms. Bahrambeygui, Ms. Price Keating, Ms. Brewer and Mr. D. Price disclaims beneficial ownership of the foregoing shares except to the extent of their respective voting and/or dispositive power.
 
 
(2)  Price Charities
 
Price Charities presently may be deemed to beneficially own an aggregate of 2,889,335 shares of PriceSmart Common Stock, which represents approximately 9.7% of the outstanding Common Stock.  Of such shares, Price Charities may be deemed to have sole voting and dispositive power with respect to 0 shares of Common Stock and shared voting and dispositive power with respect to 2,889,335 shares of Common Stock.  Price Charities may be deemed to share voting and dispositive power with respect to such shares of Common Stock with Mr. R. Price in his capacity as a director and President of Price Charities.  Mr. R. Price disclaims beneficial ownership of such shares except to the extent of his voting and/or dispositive power.
 
 
 

4           Each of the Price Charities Directors and Officers, other than Mr. R. Price, expressly disclaim beneficial ownership of the PriceSmart shares of Common Stock held by the Price Charities and accordingly has excluded such shares from the number of shares of PriceSmart Common Stock reported as beneficially owned. Mr. R. Price disclaims beneficial ownership of the PriceSmart shares of Common Stock held by Price Charities except to the extent of his voting and/or dispositive power.
 
5           The percentage of shares reported as beneficially owned is based on 29,897,996 shares of Common Stock outstanding as of March 31, 2011 as reported in PriceSmart, Inc.’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on April 7, 2011.
 
 
 

 
 
(3)  Sol & Helen Price Trust
 
The Sol & Helen Price Trust presently may be deemed to beneficially own an aggregate of 2,243,122 shares of PriceSmart Common Stock, which represents approximately 7.5% of the outstanding Common Stock.  Of such shares, the Sol & Helen Price Trust may be deemed to have sole voting and dispositive power with respect to 0 shares and shared voting and dispositive power with respect to 2,243,122 shares of Common Stock.  The Sol & Helen Price Trust may be deemed to share voting and dispositive power over such shares with Mr. R. Price in his capacity as sole trustee of the Sol & Helen Price Trust.
 
 
(4) Sherry Bahrambeygui
 
Ms. Bahrambeygui may be deemed to beneficially own an aggregate of 370,558 shares of PriceSmart Common Stock, which represents approximately 1.2% of the outstanding Common Stock.  Of such shares, Ms. Bahrambeygui may be deemed to have sole voting power with respect to 80,000 shares and shared voting and dispositive power with respect to 290,558 shares.  Of the shares for which Ms. Bahrambeygui may be deemed to have shared voting and dispositive power, (i) 220,600 shares are owned directly by the Price Family Charitable Trust which Ms. Bahrambeygui and Mr. R. Price are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; (ii) 5,210 shares are owned directly by the Benjamin Price Trust UTD 9/22/89 which Ms. Bahrambeygui and Mr. R. Price are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; (iii) 916 shares are owned directly by the Rebecca Price Trust UTD 5/6/97 which Ms. Bahrambeygui and Mr. Max Edward Spring are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; (iv) 916 shares are owned directly by the Sarah Price Trust UTD 5/6/97 which Ms. Bahrambeygui and Mr. Spring are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; (v) 916 shares are owned directly by the David Price Trust UTD 5/6/97 which Ms. Bahrambeygui and Mr. Spring are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; (vi) 12,500 shares are owned directly by the Rebecca Price Trust UTD 8/1/97 which Ms. Bahrambeygui and Mr. Spring are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; (vii) 12,500 are owned directly by the Sarah Price Trust UTD 8/1/97 which Ms. Bahrambeygui and Mr. Spring are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; (viii) 12,500 shares are owned directly by the David Price Trust UTD 8/1/97 which Ms. Bahrambeygui and Mr. Spring are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; (ix) 22,500 shares are owned directly by the Hosey Family Trust which Ms. Bahrambeygui and Mr. Patrick Hosey are co-trustees of and as such may be deemed to share voting and dispositive power over such shares; and (x) 2,000 shares are owned directly by Ms. Bahrambeygui’s minor children.  Each of Ms. Bahrambeygui, Mr. R. Price, Mr. Spring and Mr. Hosey disclaims beneficial ownership of the foregoing shares except to the extent of their respective voting and/or dispositive power.
 
 
(5)  William Gorham
 
Mr. Gorham presently beneficially owns 3,000 shares of PriceSmart Common Stock, which represents 0% of the outstanding Common Stock.  He therefore does not have sole or shared voting or dispositive power with respect to any shares of Common Stock.

 
(6)  Dede Alpert
 
Ms. Alpert presently beneficially owns 0 shares of PriceSmart Common Stock, which represents 0% of the outstanding Common Stock.  She therefore does not have sole or shared voting or dispositive power with respect to any shares of Common Stock.
 
 
(7)  John Eckstein
 
Mr. Eckstein presently may be deemed to beneficially own 250 shares of PriceSmart Common Stock, which represent approximately 0% of the outstanding Common Stock.  Of such shares, he may be deemed to have sole voting and dispositive power with respect to 250 shares and shared voting and dispositive power with respect to 0 shares.
 
 
(8)  Sue Reynolds
 
Ms. Reynolds presently beneficially owns 0 shares of PriceSmart Common Stock, which represents 0% of the outstanding Common Stock.  She therefore does not have sole or shared voting or dispositive power with respect to any shares of Common Stock.
 
 
(9)  Jeff Fisher
 
Mr. Fisher presently beneficially owns 0 shares of PriceSmart Common Stock, which represents 0% of the outstanding Common Stock.  He therefore does not have sole or shared voting or dispositive power with respect to any shares of Common Stock.
 
Each of Ms. Brewer, Ms. Price Keating, Mr. D. Price, Mr. Spring, and Mr. Hosey is a citizen of the United States of America.  The principal occupations of each of the foregoing are as follows: Ms. Brewer is an employee of The Price Group, LLC, Ms. Price Keating is a homemaker, Mr. D. Price is a student, Mr. Spring is an attorney and Mr. Hosey is an attorney.
 
 
 

 
 
Item 5(c) of this Schedule 13D is hereby amended as follows to include the following information:
 
 
(c)
The following transactions in PriceSmart’s Common Stock were effected by the Reporting Persons and Price Charities Directors and Officers since the filing of Amendment No. 16:
 
 
Party Effecting
Transaction
 
Transaction Date
 
Shares Disposed
 
Average Price Per
Share
 
Description of
Transaction
 
 
Price Charities
 
06/02/2011
 
18,900
 
$44.0580
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Sol & Helen Price Trust
 
06/02/2011
 
18,900
 
$44.0581
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Price Charities
 
06/03/2011
 
25,062
 
$45.1891
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Sol & Helen Price Trust
 
06/03/2011
 
25,061
 
$45.1891
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Price Charities
 
06/06/2011
 
12,700
 
$43.9084
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Sol & Helen Price Trust
 
06/06/2011
 
12,700
 
$43.9084
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Price Charities
 
06/07/2011
 
27,450
 
$44.6130
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Sol & Helen Price Trust
 
06/07/2011
 
27,450
 
$44.6130
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Price Charities
 
06/08/2011
 
10,600
 
$44.0082
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Sol & Helen Price Trust
 
06/08/2011
 
10,600
 
$44.0082
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Price Charities
 
06/09/2011
 
12,550
 
$44.3330
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Sol & Helen Price Trust
 
06/09/2011
 
12,550
 
$44.3330
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Price Charities
 
06/10/2011
 
14,500
 
$43.4125
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Sol & Helen Price Trust
 
06/10/2011
 
14,500
 
$43.4124
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
 
 

 
 
 
 
Price Charities
 
06/13/2011
 
16,450
 
$43.9143
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Sol & Helen Price Trust
 
06/13/2011
 
16,450
 
$43.9143
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Price Charities
 
06/14/2011
 
11,788
 
$43.8057
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
Sol & Helen Price Trust
 
06/14/2011
 
11,789
 
$43.8057
 
Open market sale
pursuant to Rule 10b5-1
trading plan
 
 
 
 

 
 
SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: June 24, 2011
 
     
 
PRICE CHARITIES
   
 
/s/ Sherry Bahrambeygui
 
By:
Sherry Bahrambeygui
 
Title:
Executive Vice President and Secretary
   
   
 
SOL AND HELEN PRICE TRUST, DATED FEBRUARY 20, 1970
   
 
/s/ Robert E. Price
 
By:
Robert E. Price
 
Title:
Trustee
     
     
 
ROBERT E. PRICE
   
 
/s/ Robert E. Price