microcap review summer/fall 2015
TRANSCRIPT
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7/21/2019 MicroCap Review Summer/Fall 2015
1/96
www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
\TAADZ/IKEE :6;4 a`lrnlkprdv`dw.l
$4
I D K X T Z D H K Z X @ L E D \;2Wbdrd krd tbd To`lnros inr \akee
@ovdstnrs> Jy Lbkreds Vkyod
:0 Vrdpkr`og inr tbd @odv`tkjed Jy Z`lc Zued
48Krd Odw Dxlbkogds tbkt Ikvnr A`lrnLkp@ssudrs no tbd Bnr`zno> Jy Hkv`h Wd`eh @Y
B`gbpnwdr @otdrokt`noke, @ol.
Vkgd:9OK\HK[= BVM
Gdnrgd Vko, LDN
www.b`gbpnwdrtdlb.lna
42 @apnrtkold ni Grdkt Akokgdadot `ok A`lrnLkp Lnapkoy Jy Znjdrt Crkit
94 Gdtt`og Lensdr tn Lkp`tke`z`og noLkookj`s Jy Keko Jrnlbstd`o
7; Wbkt @ Ka Juy`ogJy Lbr`s Ekb`m`
78 J`ntdlb @ovdst`og Jy Ckre Hnugeks
I`omko Bneh`ogs, @ol.
Vkgd;:OK\HK[= IO
Vb`e Bkrtstd`o, Vrds`hdot koh L
www.i`omko.l
Vrnvdltus J`npbkrakldut`lkes, @ol.
Vkgd9OP\D ACX= VY
Vdtdr Luepdppdr, LIN/Lwww.pvlt.l
Bdan\urd, @ol.
Vkgd8
Jy Lbkreds Vkyod
:0 Vrdpkr`og inr tbd @odv`tkjed
Jy Z`lc Zued
89 Vr`ol`pke Khvkotkgds ni k Zdvdrsd Adrgdr
Jy Mnbo Enwy
46 Dxpenrkt`no @os`gbts
Jy Jrdot Lnnc48 Krd Odw Dxlbkogds tbkt Ikvnr A`lrnLkp
@ssudrs no tbd Bnr`zno>
Jy Hkv`h Wd`eh @Y
42 @apnrtkold ni Grdkt Akokgdadot `o k
A`lrnLkp Lnapkoy
Jy Znjdrt Crkit
96 \okcd N`es \kedsado & Gneh Juiis
Jy Kotbnoy Hds`r
94 Gdtt`og Lensdr tn Lkp`tke`z`og no Lkookj`s Jy Keko Jrnlbstd`o
97 \ddh Lkp`tke I`ohs Vr`vktd koh Vuje`l
Lkookj`s Akrcdts
Jy Keko \nutdodt koh Xnhh Hkv`s
90 Odw Inrakt`nos
Jy Hkv`h Kesup
7; Wbkt @ Ka Juy`og
Jy Lbr`s Ekb`m`
7: Noe`od Zdg H koh Zdg K+ Hdke Vektinras
Z`hd Grnwtb ni H`g`tke Lkp`tke Akrcdt
Jy Jrdtt Gndtslb`us
78 J`ntdlb @ovdst`og
Jy Ckre Hnugeks
72 Ennc`og inr tbd Odxt Grdkt A`lrnLkp \tn
Jy M`a Lnee`os
29 \`evdr= Hry C`ohe`og Kwk`t`og k \pkrc
Jy Hkv`h Anrgko
06 Wbkt krd tbd Jdst Xkrgdts inr Klt`v`st
@ovdstnrs>
Jy De`zkjdtb Cnpped
0: Xbd Jdg`oo`og ni k Trko`ua Xurokrnuoh
Jy O`lc Bnhgd
08 Hno Lkev`o Adanr`ke
Grddo Xdlb Lnrodr:8 Xbd Zneedr Lnkstdr Z`hd ni
Ledko Xdlb Jy Hkrrdo Dog
E`id \l`dolds Lnrodr
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9 A`lrnLkp Zdv`dw Akgkz`od www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
VZNI@EDH LNAVKO@D\
tnrs bkh jddo sdkrlb`og inr k hrug lkoh`hktd
lkpkjed ni c`ee`og lkoldr ldees skidey, spdl`i`-
lkeey, lnapedtdey koh qu`lcey. Jy tbd doh nitbd hdlkhd Hrs. Lrk`g Hdds, VbH, X`antby
\lntt, VbH koh Dr`l Wklbtdr, VbH bkh rd-
h`slnvdrdh wbkt lnueh turo nut tn jd tbd
`hdke lkoldr c`eedr= Znsd Jdogke, k anedlued
w`tb k enog koh h`vdrsd adh`lke b`stnry.
@rno`lkeey tbd lnapnuoh bkh ek`o krnuoh
`o pek`o s`gbt ni tbd genjke pbkrakldut`lke
`ohustry inr odkrey 24 ydkrs jdinrd Hdds dt ke.
jdgko tbd`r mnurody ni hdanostrkt`og Znsd
Jdogkes lkoldr i`gbt`og pntdot`ke.
\kidey koh diidlt`vdey dogkg`og tbd jnhys`aauod systda koh `ts okturke kot`-lkoldr
hdidosds, `ostdkh ni hdstrny`og nr a`sus-
`og tbda, uohdrslnrdh tbd Xdoodssdd tr`ns
kpprnklb tn hdidkt`og tbd h`sdksd. Xbdy
jde`dvdh c`ee`og lkoldr tuanrs `o tbd lnr-
rdlt wky bdeh tbd cdy tn sulldssiue adh`-
lke trdktadot jdlkusd k prnpdr kpprnklb
lnueh dokjed tbd `aauod systda tn st`au-
ektd lkoldr-c`ee`og ldees tbrnugbnut tbd jnhy.Vdtdr Luepdppdr, LIN/LNN
Nuts`hdrs tn tbd pbkrakldut`lke `ohustry, tbrdd kwkrh-w`oo`og rdsdkrlbsl`dot`sts irna tbd Hdpkrtadot ni Dodrgys Dkst Xdoodssdd-jksdh Nkc Z`hgdOkt`noke Ekjnrktnry dajkrcdh no k pktb ni tbd`r nwo `o tbd ;006s tn hdvdenp k
jdttdr wky tn i`gbt lkoldr.
Bk`e`og irna tbd okt`nokeey rdlngo`zdh idh-
drke gnvdroadot sl`dold koh tdlbonengy
ikl`e`ty w`tb k r`lb b`stnry ni h`slnvdry koh`oonvkt`no, tbdsd tbrdd tdlbonengy `ovdo-
Vrnvdltus
J`npbkrakldut`lkesKhvkol`og k Odw Irnot `o tbd Wkr
kgk`ost Lkoldr
OP\D ACX= VYLX
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A`lrnLkp Zdv`dw Akgkz`od
7www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
Hdds, \lntt koh Wklbtdr dvdotukeey inuoh-
dh Conxv`eed, Xdoodssdd-jksdh Vrnvdltus
J`npbkrakldut`lkes, @ol. (OP\D ACX=
VYLX) `o :66: w`tb tbd gnke ni hdvdenp`og
Znsd Jdogke-jksdh hrugs tn trdkt lkoldr. Xbd
inuohdrs v`s`no wks tn bkvd tbd lnapkoys
edkh `ovdst`gkt`noke nolnengy hrug VY-;6,
ko `omdltkjed ;6% sneut`no ni Znsd Jdogke `o
ske`od, dapenydh `o tbd trdktadot ni kee sne`h
tuanr lkoldrs jdinrd, hur`og koh kitdr sur-
gdry, `o lnaj`okt`no w`tb ntbdr tbdrkpdut`l
kgdots koh tbdrkp`ds, koh kitdr kee desd ik`es.
Znsd Jdogke `s tbd klt`vd pbkrakldut`lke
`ogrdh`dot `o VY-;6. K wktdr-sneujed hyd
i`rst lrdktdh `o ;22:;, `t `s k sakee anedlued
tbkt bks jddo usdh `o tbd le`o`l inr anrd tbko
k ldotury, ks ko khh`t`vd tn skirko`o v`ltnr`k
ydeenw inr nluekr poduanlnllke `oidlt`no:,
k stk`o inr v`suke`z`og lnrodke ueldrs
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2
A`lrnLkp Zdv`dw Akgkz`od www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
a`o`a`zds s`hd diidlts. Toe`cd akoy ntbdr
lkoldr hrugs, VY-;6 hnds ont rdey no k s`oged
pktbwky tn wnrc koh kesn bks on conwo
rds`stkold. \dlnoh, tbd systda`l diidlt ni
k tuanr-spdl`i`l `aauod rdspnosd lkusds
rdgrdss`no ni uotrdktdh tuanrs, pntdot`keey
prnenog`og prngrdss`no-irdd surv`vke koh
pnss`jey dokje`og VY-;6s lnaj`okt`no w`tb
`aauonanhuektnry hrugs koh ntbdr sys-
tda`l tbdrkp`ds inr usd `o eds`nos tbkt krd
`oklldss`jed tn k h`rdlt `omdlt`no.
VY-;6s pntdot`ke le`o`lke vkeud prnpn-
s`t`no tn pkt`dots koh tbd`r pbys`l`kos `s
auet`-ikldtdh= @t `s s`aped tn stnrd, bkohed,
koh usd koh rdusd. Xbd hrug tbus ikr bks
sbnwo anhdst enlke koh trkos`dot tnx`l-
`ty tbkt `s prdhna`okotey lnoi`odh tn tbd
`omdlt`no s`td koh a`o`ake-tn-on systda`l
tnx`l`ty. @o rdgkrhs tn enlke dii`lkly VY-;6
`omdlt`no aky edkh tn rkp`h, hurkjed, lna-pedtd tuanr hdstrult`no, koh `ohult`no ni
kot`gdo rdedksd `o `omdltdh eds`nos. @t aky
prnaptey bdke `omdltdh eds`no s`tds lna-
pedtdey kitdr tuanr hdstrult`no. @o rdgkrhs
tn systda`l dii`lkly tbd hrug aky rde`kjey,
rdprnhul`jey `ohuld rdg`noke koh systda-
`l `aauod diidlts pntdot`keey lkpkjed ni
hdstrny`og nlluet tuanr ldees, jystkoh-
dr eds`nos koh h`stkot adtkstkt`l eds`nos
rdgkrhedss ni pr`nr trdktadots. VY-;6 aky
bkvd auet`-`oh`lkt`no v`kj`e`ty. Le`o`lke tr`-kes tn hktd koh ko nogn`og dxpkohdh klldss
prngrka bkvd trdktdh anrd tbko :86 lko-
ldr pkt`dots (rdlurrdot jrdkst lkoldr, bdpk-
tnldeeuekr lkrl`onak koh adtkstkt`l e`vdr
lkoldr, adekonak). @t aky jd nrtbngnoke,
pntdot`keey bkv`og k enw r`sc ni le`o`lkeey
rdedvkot hrug-hrug `otdrklt`nos. Xbd hrug
aky jd kgonst`l, pnss`jey lnapkt`jed w`tb
kee h`sdksd prdsdotkt`nos. VY-;6s pbkrakln-
c`odt`ls aky jd lnapkrkjed koh lnos`stdot.
Zdsdkrlbdrs kt Anii`tt Lkoldr Ldotdr `o
Xkapk, Ienr`hk koh tbd To`vdrs`ty ni @ee`on`s
`o Lb`lkgn bkvd rdprnhuldh Hdds dt ke.s
nr`g`oke prdle`o`lke wnrc tbkt i`rst hdano-
strktdh VY-;6s twn-prnog kpprnklb koh
kj`e`ty tn i`gbt lkoldr `o auet`ped `oh`lkt`nos=
d.g., tbd tuanr kjekt`no (tbd enlke diidlt)
tbrnugb tbd hdstrult`no ni `omdltdh tuanrs,
k tuanr-spdl`i`l `aauod rdspnosd tbrnugb
tbd hdstrult`no ni ono-`omdltdh tuanrs koh
tuanr-spdl`i`l @IO- prnhult`no `o adek-
onak, jrdkst lkoldr koh lnenrdltke lkoldr.
Vrnvdltus le`o`lke hdvdenpadot prngrka
`s spdkrbdkhdh jy k p`vntke tr`ke lurrdotey
jd`og lnohultdh `o adekonak, koh ko dkrey
stkgd tr`ke bdpktnldeeuekr lkoldr (BLL)
koh adtkstkt`l e`vdr lkoldr. @o k Vbksd : tr`ke
tbkt inradh tbd jks`s inr tbd lurrdot p`vntke
Vbksd < tr`ke (rdg`strkt`no stuhy), 26 pkt`dotsw`tb stkgd @@@J-@Y adekonak rdirkltnry tn
k adh`ko ni s`x pr`nr `otdrvdot`nos rdld`vdh
`omdlt`nos `otn tbd`r adekonak eds`nos up tn
inur t`ads nvdr k ;9-wddc pdr`nh koh wdrd
ineenwdh inr 4: wddcs.9Xbd nvdrkee rdspnosd
rktd inr tbd :2 pkt`dots wbn bkh kee tbd`r
dx`st`og adekonak eds`nos `omdltdh w`tb
VY-;6, wks 7;% w`tb 46% klb`dv`og k lna-
pedtd rdspnosd. Xb`s sujgrnup ni :2 pkt`dots
wbn bkh kee tbd`r eds`nos `omdltdh klb`dvdh
k prngrdss`no irdd surv`vke ni 0.2 anotbs,wb`lb kllnrh`og tn tbd Vbksd < tr`kes pr`o-
l`pke `ovdst`gktnr Hr. \kom`v Kgkrwkek, A.H
kt \t. Eucds Bnsp`tke koh Bdketb Odtwnrc ni
Jdtbedbda, Vdoosyevko`k lnapkrds ikvnr-
kjey w`tb b`stnr`lke prngrdss`no irdd surv`v-
kes ni edss tbko :.4 anotbs inr systda`l lbd-
antbdrkpy hklkrjkz`od koh tdanznena`hd.
9 Mkodt Ir`lcdr, VY-;6 hde`vdrs grdktdst diidlts wbdokee eds`nos krd `omdltdh, Vbkra`wdj.lna, Nltnjdr;8, :6;8
Xbd lnapkoys lurrdot dkrey-stkgd stuhy
ni 9 pkt`dots w`tb ono-rdsdltkjed BLL (pr`-
akry e`vdr lkoldr) koh 7 pkt`dots w`tb ntbdr
inras ni lkoldr adtkstkt`l tn tbd e`vdr (sdl-
nohkry e`vdr lkoldr) skw tbdo uohdrgn k s`o-
ged pdrlutkodnus `omdlt`no ni VY-;6 gu`hdh
jy LX tn nod tkrgdt eds`no `o tbd e`vdr.7 Kt
up tn 48 anotbs ineenw-up ;6 nut ni tbdsd
;< `o`t`ke pkt`dots wdrd ke`vd, w`tb nod hdktb
hud tn lkrh`kl lnanrj`h`ty, nod tn sdr`nus
khvdrsd dvdots koh nod tn BLL prngrdss`no.
Khvdrsd dvdots wdrd gdodrkeey e`a`tdh tn
`omdlt`no s`td rdklt`nos koh pbntnsdos`t`v`ty
koh rdsnevdh w`tbnut sdqudekd, w`tb dedvktdh
e`vdr dozyads njsdrvdh hur`og tbd i`rst wddc
kitdr trdktadot. Ks w`tb adekonak, VY-;6
`s jde`dvdh tn bkvd k enlke lbdankjekt`vd
diidlt `o BLL koh adtkstkt`l e`vdr h`sdksd
wbdrd tbd kgdot dotdrs eysnsnads lkus`og
tuanr odlrns`s tbkt lko st`auektd `aauon-
eng`lke diidlts. \tuh`ds `o adekonak pkt`dots
`omdltdh w`tb VY-;6 bkvd sbnwo `olrdksdh X
ldees `o pdr`pbdrke jennh ineenw`og `omdlt`no
`oleuh`og LH2+, LH8+, LH
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7/21/2019 MicroCap Review Summer/Fall 2015
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A`lrnLkp Zdv`dw Akgkz`od
0www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
IDKXTZDH KZX@LED
hdl`s`nos akhd jy akokgdadot koh dvkeukt
wbdtbdr tbdy hdanostrktd snuoh muhgdadot
K lnapkoy w`tb strnog akokgdadot s anr
e`cdey tn rdak`o lnapdt`t`vd koh w`tbstkoh
dlnona`l hnwoturos.
\t`ee, `ts ont donugb tn ennc gnnh no
pkpdr k lnapkoy oddhs tn bkvd k gnnh
prnhult nr sdrv`ld. Anrd spdl`i`lkeey, `
aust bkvd ko dhgd nvdr tbd lnapdt`t`no
Wbdo sdedlt`og lnapko`ds tn `ov`td tn Xbd
A`lrnLkp Lnoidrdold, @ kssdss tbd`r prnh
ults koh sdrv`lds inr quke`ty ks wdee ks h`i
idrdot`kt`no, dvdo try`og tbd prnhults koh
sdrv`lds aysdei wbdo pnss`jed.
Nvdrkee, Xbd A`lrnLkp Lnoidrdold
njmdlt`vd `s tn g`vd kttrklt`vd lnapko`d
k pektinra tn vn`ld tbd`r stnry. Xbd lno
idrdold w`ee jd k vkeukjed dxpdr`dold in
`ovdstnrs koh kokeysts tnn. Xbdrd w`ee jd
pkode h`sluss`nos jy prna`odot `ovdstado
akokgdrs, klt`v`st `ovdstnrs, koh i`okol`k
jenggdrs. Xbdrd w`ee kesn jd pedoty ni t`adinr odtwnrc`og koh sbkr`og `hdks w`tb lne
edkguds.
Irdh Znlcwdee `s tbd Vrds`hdot ni Xkrs`dr Lkp`tk
Akokgdadot. Bd `s k Lbkrtdrdh I`okol`ke Kokeyst
Ldrt`i`dh Vuje`l Kllnuotkot, koh k To`vdrs`ty n
A`lb`gko AJK grkhuktd.
Xbd A`lrnLkp Lnoidrdold w`ee tkcd pekld no
Onvdajdr 4tb kt tbd Vb`ekhdepb`k Akrr`nt
Hnwotnwo. Zdg`stdr kt www.a`lrnlkplnoi.lna ooIZDH ZNLCWDEE
Xbdrd krd tbrdd ak`o snurlds ni ay `hdks=
;) lnovdrskt`nos w`tb ntbdr `ovdstnrs nitdo
adt kt `ovdstnr lnoidrdolds, :) stnlc slrddos,
koh Wbkt hn @ ennc inr kt
A`lrnLkp \tnlc
\dedlt`no
tb`s pn`ot> I`rst, @ ennc kt tbd jks`ls= jus`odss
quke`ty, grnwtb pntdot`ke, `otr`os`l vkeud,
koh strdogtb ni akokgdadot.
@ lkrdiueey kokeyzd lnapko`ds `olnad
stktdadots tn kssdss tbd`r prnspdlts inr enog-
tdra prni`tkj`e`ty. @ ennc inr lnapko`ds w`tb
rnjust strdkas ni rdlurr`og rdvdoud koh
b`gb grnss akrg`os. Kontbdr wky lnapko`ds
lko gk`o ikvnr `o nur sdedlt`no prnldss `s
tbrnugb tbd`r grnwtb pntdot`ke. Ks wd dvkeu-
ktd akrcdt s`zd koh cdy hr`vdrs, wd `hdot`iy
trdohsont ikhs. Adkowb`ed, @ akokgd tbd
uoldrtk`oty o ay kssuapt`nos jy dvkeukt`og
tbd rkogd ni pntdot`ke nutlnads koh wd`gb-
`og tbd pntdot`ke ups`hds koh hnwos`hds.
Odxt, @ lnapkrd lnapko`ds vkeukt`nos w`tb
`ohustry lnuotdrpkrts koh `hdot`iy lnapk-
o`ds tbkt aky jd uohdrvkeudh jy tbd akrcdt.
Jut @ hnot stnp tbdrd@ kesn `hdot`iy nod nr
anrd lktkeysts tbkt aky hr`vd tbd lnapko`ds
pr`lds tn tbd`r `otr`os`l vkeuds. Ntbdrw`sd,
tbd lnapko`ds lnueh rdak`o uohdrvkeudhinr tbd inrdsddkjed iuturd.
Kee ni tbd lnapko`ds kttdoh`og Xbd
A`lrnLkp Lnoidrdold bkvd jddo `ospdlt-
dh inr tbd quke`ty ni tbd`r akokgdadot.
K lnapkoys akokgdadot sbnueh jd ont
noey dxpdr`doldh jut bkrhwnrc`ogtbkt
`s, klt`vdey prnant`og tbd lnapkoys `otdr-
dsts rktbdr tbko s`tt`og jklc koh lneedlt`og
pkylbdlcs. Iurtbdranrd, @ dxka`od tbd pkst
@vd jddo rdsdkrlb`og koh p`lc`og stnlcs inr qu`td snad t`ad. Jut sdedlt-
`og lnapko`ds inr tbd uplna`og A`lrnLkp Lnoidrdold bks g`vdo ad ko
nppnrtuo`ty tn rdv`dw ay prnldss inr i`oh`og `hdks. Xbd ineenw`og `s k ruo-
hnwo ni ay adtbnhnengy.
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;6 A`lrnLkp Zdv`dw Akgkz`od www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
v`ld. Xbd AYON sdgadot ni tbd akrcdt bks
grnwo tn nvdr :4% pdodtrkt`no `o tbd T.\.
Nvdr 76 A`ee`no Kadr`lkos bkvd klt`vktdh
tbd`r w`rdedss pbnods w`tb AYONs, `oleu-
s`vd ni jrkohs e`cd= Y`rg`o Anj`ed, Xrklinod,
Odt ;6, \`aped Anj`ed, koh Lbn`ld W`rdedss.
Ar. Bnet wks ektdr rdlru`tdh tn ju`eh
ko AYON lkeedh Kadr`tde koh w`tb`o ;2
anotbs ni `ts `oldpt`no, Kadr`tde jdlkad
tbd :oh ekrgdst AYON `o tbd T.\. @o ju`eh-
`og Kadr`tde, Ar. Bnet ont`ldh k ekrgd gkp `o
tbd j`ee`og `ohustry ks tbdrd wdrd ;4 j`ee`og
systdas tbkt sdrv`ldh vkr`nus akrcdt sdg-
adots, jut onod ni tbdsd systdas khdquktdey
sdrv`ldh tbd AYON sdgadot. Ar. Bnet dx`t-dh Kadr`tde tn hds`go koh ju`eh tde\VKLD
(www.tde\VKLD.lna), wb`lb `s onw nod ni
tbd `ohustrys anst idkturd r`lb j`ee`og koh
npdrkt`og systda inr tbd AYON `ohustry.
To`i`dh \`gokes turocdy tdedlna koh anj`ed
wkeedt j`ee`og pektinra keenws `ts le`dots tn
sdee, prnv`s`no, iuei`ee, koh lkrd inr sdrv`lds
sulb ks prd koh pnst-pk`h ldeeuekr, hnadst`l
koh `otdrokt`noke enog h`stkold, @otdrodt,
koh anst rdldotey k anj`ed lnaadrld prnh-
ult e`ocdh tn k prdpk`h hdj`t AkstdrLkrh.
TO@I@DH \@GOKE\ VZNHTLX
DYNETX@NO
To`i`dhs Inuohdr koh LDN, Vkr`s Bnet,
stkrtdh `o tbd tdedlna `ohustry `o ;00: w`tb
\nutbwdstdro Jdee Anj`ed wbdrd bd bdkhdh
up pr`l`og koh tbd AYON (Anj`ed Y`rtukeOdtwnrc Npdrktnr) lbkoode. AYONs sdr-
v`ld tbd tdedlna `ohustry jy rd-sdee`og w`rd-
edss sdrv`lds us`og tbd lkrr`drs w`rdedss odt-
wnrcs, jut ekuolb tbd`r nwo jrkoh ni sdr-
Vkr`s Bnet, Inuohdr koh LDN
To`i`dh \`goke, @ol.NXL[J= TO\@
VZNI@EDH LNAVKO@D\
To`i`dh \`goke @ol, `s k \kk\ (snitwkrd ks k sdrv`ld) jksdh j`ee`og koh jklcnii`ld pektinra, wb`lb dokjeds lnapko`ds `o v`rtukeey koy `ohustry sdltnr tnekuolb ldeeuekr koh anj`ed wkeedt sdrv`lds us`og tbd`r dx`st`og jrkoh.
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7/21/2019 MicroCap Review Summer/Fall 2015
11/96
A`lrnLkp Zdv`dw Akgkz`od
;;www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
@o :6;:, Ar. Bnet hdl`hdh tn h`vdrs`iy koh
lrdktd To`i`dh \`goke (www.uo`i`dhs`goke.
lna), wb`lb `s ko AYON dokjedr us`og
tbd lnrd tde\VKLD j`ee`og pektinra tn sup-
pnrt `ts :< AYONs. To`i`dh \`goke bks
khhdh uo`qud iuolt`noke`ty tn tbd pektinra,
`oleuh`og suppnrt inr kee akmnr T.\ w`rdedss
lkrr`drs, lrnss lkrr`dr ika`ey pekos, koh k
pnwdriue wkeedt prnhult wb`lb bks tbd kj`e-
`ty tn jd k vdry h`srupt`vd tdlbonengy `o tbd
anj`ed wkeedt akrcdt sdgadot, wb`lb `s nod
ni tnhkys bnttdst tdlbonengy sdltnrs.
TO@I@DH\ KL[T@\@X@NO
GZNWXB \XZKXDGP
@o :6;8, To`i`dh \`goke klqu`rdh k hktk
noey AYON lkeedh HktkMklc. Inr tbd ekst 8
ydkrs HktkMklc hdvdenpdh k prnpr`dtkry hktk
noey (A`I`) j`ee`og systda wb`lb wks vdry
uo`qud koh syodrg`st`l tn To`i`dh \`gokes
lnrd j`ee`og pektinra. HktkMklc wks k puj-
e`l lnapkoy koh tbrnugb k rdvdrsd adrgdr,
To`i`dh jdlkad k iueey rdpnrt`og puje`l
NXLJ lnapkoy. Nvdr tbd ekst ydkr, k lnrd
To`i`dh \`goke strktdgy bks jddo tn lensd
khh`t`noke klqu`s`t`nos tbkt wnueh prnv`hd
tbd lnapkoy w`tb `olrdksdh rdvdouds koh
h`str`jut`no.@o Muod ni :6;4, To`i`dh \`goke klqu`rdh
tbd kssdts ni @otdrAkr, EEL k strktdg`l skeds,
akrcdt`og, koh h`str`jut`no lnapkoy wb`lb
inlusdh pr`akr`ey no tbd dtbo`l lnosuadr
koh uojkocdh akrcdts s`old ;000 koh sdr-
v`lds nvdr 46,666 rdtk`e pn`ots ni h`str`jut`no
klrnss tbd lnuotry. Xbd strktdgy jdb`oh tbd
klqu`s`t`no `s inr To`i`dh \`goke tn lrdktd k
odw AYON jrkoh ni ldeeuekr sdrv`ld wb`lb
wnueh jd nwodh koh npdrktdh jy To`i`dh
\`goke koh h`str`jutdh `otn tbd @otdrAkrh`str`jut`no. Ks ko AYOD, To`i`dh \`goke
kllruds rdvdoud ni $;.46 tn $:.:4 pdr lus-
tnadr pdr anotb koh odts $.46 pdr lustnadr
pdr anotb `o prni`t. Xb`s strktdg`l p`vnt `otn
To`i`dh \`gokes odw AYON, lkeedh AyX`ad
W`rdedss (www.ayt`adw`rdedss.lna), w`ee
kllrud $86-$84 kvdrkgd rdvdoud pdr lus-
tnadr pdr anotb koh `olrdksd odt prni`t tn
wdee nvdr $4 pdr lustnadr pdr anotb.
AyX`ad W`rdedss tkrgdt akrcdt `s tbd
dtbo`l lnaauo`t`ds `o tbd ekrgdr adtrn-
pne`tko l`t`ds no tbd dkst lnkst. Xbd prnhult
juoheds $4 ni `otdrokt`noke enog h`stkold
(@EH) `otn dklb rktd peko dvdry anotb koh k
IZDD prdpk`h hdj`t lkrh. @otdrokt`noke enog
h`stkold lkee`og rktds bkvd jddo pr`ldh ikr
jdenw koytb`og lnosuadrs bkvd dvdr sddo `o
tbd prdpk`h lkee`og lkrh akrcdtpekld. Xbdsd
enw lkee`og rktds keenw pdnped e`v`og `o tbd
T.\. tbd kj`e`ty tn lkee ika`ey koh ir`dohs nr
koynod desd `o ntbdr lnuotr`ds kt k irklt`no ni
tbd lnst tbdy krd pky`og tnhky. Xbd AyX`ad
W`rdedss prnhult sdt kesn keenws `ts lustna-
drs tn anvd anody tn ir`dohs koh ika`ey
inr IZDD lnapkrdh tn k typ`lke ;6%-;4%
trkosklt`no idd.
ANJ@ED WKEEDX VZNHTLX
\T@XD
Xbd To`i`dh \`goke Anj`ed Wkeedt prnhult
dokjedadot su`td `s lnapr`sdh ni twn lnrd
idkturd sdts tbkt sdrv`ld tbd jkocdh koh
uojkocdh akrcdt sdgadot.
Anj`ed Wkeedt a-Wkeedt Vrngrka
(Y`rtuke \kv`ogs Kllnuot)= Xb`s prnhult
sdt `s k s`aped pr`vktd ekjde VkyVke typd ni
sdrv`ld, wbdrd lustnadrs lko enkh anodyirna k lrdh`t lkrh, lbdlc`og kllnuot,
koh rdld`vd anody irna ntbdr a-Wkeedt
usdrs. Lustnadrs lko anvd iuohs irna
tbd`r a-Wkeedt tn= ntbdr lbdlc`og kllnuots3
a-Wkeedt usdrs3 akcd @EH lkees3 pky j`ees3 nr
anvd anody tn tbd`r hdj`t AkstdrLkrh.
Hdj`t AkstdrLkrh Vrngrka (Y`rtuke
Lbdlc`og Kllnuot)= Lustnadrs lko lbnnsd
tn khh ko khh t`noke prdpk`h AkstdrLkrh
wb`lb prnv`hds usdrs klldss tn genjke KXA
odtwnrcs, ks wdee ks tbd kj`e`ty tn usd tbd`rlkrh koywbdrd AkstdrLkrh `s klldptdh.
Anody lko jd IZDDEP anvdh irna tbd
a-Wkeedt kllnuot tn tbd`r hdj`t AkstdrLkrh
`o rdke t`ad, us`og k stktd ni tbd krt hktk kpp.
Lustnadrs lko npt tn nrhdr k lnapko`no
lkrh koh ak`e tbkt lkrh tn snadnod kjrnkh.
Nold tbdy rdld`vd tbkt lnapko`no lkrh,
anody lko jd irddey anvdh irna tbd a-Wke-
edt tn tbd lnapko`no lkrh `o rdke t`ad koh
w`tb on trkosklt`no lnsts. Iuohs lko tbdo jd
usdh koywbdrd AkstdrLkrh `s klldptdh koh
iuohs w`tbhrkwo kt koy KXA.
@OXDZOKX@NOKE DRVKO\@NO
To`i`dh \`goke bks sdlurdh k \drj`ko le`do
lkeedh Gn8Pu koh bks jddo kpprnvdh jy tbd
Ldotrke Jkoc ni \drj`k tn ekuolb `ts anj`ed
wkeedt tdlbonengy `otn tbd dot`rd lnuotry n
\drj`k. Gn8Pu w`rdedss lustnadrs w`ee jd
kjed tn anvd anody us`og To`i`dhs a-Wke
edt tdlbonengy. Anody w`ee jd hdpns`tdh
notn tbd \drj`ko lustnadrs enlke hdj`t lkrh
kllnuot wbdrd lustnadrs lko usd tbd`r iuohs
enlkeey. To`i`dh \`goke w`ee kesn jd `otdgrkt
`og `ts Vdoh`og Vkyadots tdlbonengy `otn
nvdr :66,666 adrlbkots `o \drj`k. Xb`s w`e
keenw lustnadrs w`tb sakrtpbnods tbd kj`e
`ty tn qu`lcey koh sdlurdey purlbksd gnnhs
koh sdrv`lds us`og To`i`dhs a-Wkeedt hktk
kpp tdlbonengy, wb`lb bks jddo hdpenydh
no tbd @N\ koh Kohrn`h npdrkt`og systdas.
TO@I@DH \@GOKE ITXTZD
To`i`dh \`goke `s ennc`og tn grnw rdvdouds
koh prni`ts tbrnugb < vdrt`lkes= ;) khh`t`nok
strktdg`l klqu`s`t`nos3 :) `ts dx`st`og :
IDKXTZDH KZX@LED
tbdsd lnapko`ds nr tbd`r vkeukt`nos a`gbt
jd uordke`st`l.
uo`lnro
K aytb`lke ko`ake typ`lkeey rdp-
rdsdotdh ks k bnrsd w`tb k s`oged
strk`gbt bnro prnmdlt`og irna `ts
inrdbdkh.
Ni lnursd tbrnugbnut kot`qu`ty tbd uo`-lnro, wb`ed aytb`lke, rdprdsdotdh pur`ty koh
Pds, tb`s wddc Tjdr koonuoldh `ts rk`s`og
dvdo anrd anody irna `ovdstnrs `oleuh`og
$;
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A`lrnLkp Zdv`dw Akgkz`od
;0www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
grkld. Xbdsd hkys tbd \`e`lno Ykeedy vdrs`no
ni uo`lnros rdprdsdots snadtb`og desd= hneekr
s`gos koh grddh. @ bkvd on prnjeda w`tb tbd
pr`vktd sdltnr idkst`og no tbd bnt okads `o
tdlbonengy jut @ tb`oc `ts t`ad tn stnp sdd`og
\`e`lno Ykeedy ks k lnne pekld tbkt lkrds kjnut
buako`ty vdrsus Wkee \trddts `akgd ks grddh-
hr`vdo hdstrnydr ni dvdrytb`og `o `ts pktb.
Dvdr s`old tbd Ikldjnnc `o`t`ke puje`l
niidr`og t`s jddo ledkr tn \`e`lno Ykeedy tbd`r
`olujkt`no systda tbkt prnhulds tbd bnttdst
lnapko`ds koh prnhults lnueh kesn lkpturd
tbd e`no sbkrd ni prni`ts ks tbd lnapkoy
dvnevds. Dvdo tbnugb tbd Ikldjnnc @VN
wks ko `o`t`ke h`skstdr jdlkusd `t gnjjedh up
kee tbd anody jdinrd tbd i`rst trkhd `ts s`old
jddo k stnlc muggdrokut pkv`og tbd wky inr
anrd ekrgdssd koh tbd bdrh `s bugd.
Xbdrd krd anrd tbko ;66 uo`lnros e`o`og
up tn gn puje`l.
T\D XBD KVV \C@V XBD \XNLC
Xbus ikr :6;4 bks jddo k ydkr wbdo ents ni
bnt @VNs bkvd e`vdh up tn tbd bypd `oleuh`og
okads tbkt bkvd jddo krnuoh inr anrd tbko
k hdlkhd e`cd Gnnged koh Kakzno. Jut tbdrd
bkvd kesn jddo h`skstdrs e`cd Xw`ttdr. \n
wbdo hn ynu juy tbd odxt bnt @VN tbkt w`eesurdey jd k gkhgdt nr sdrv`ld nr kppe`lkt`nos
ynu usd nitdo nr dvdo no k hk`ey jks`s>
@ts gnnh tn conw `i tbdsd lnapko`ds krd
akc`og anody nr krd noey nod-tr`lc pno`ds.
Jut tbdrds kontbdr dedadot @ wkot ynu tn
lnos`hdr. Bnw akoy t`ads bkvd tbdsd lna-
pko`ds gnod tn tbd wdee koh ynu h`hot gdt
`ov`tdh tn tbd pkrty.
\n wbkt bkppdos wbdo ynu krd `ov`tdh>
@t rda`ohs ad ni tbd Grnulbn Akrx mncd
kjnut rds`go`og irna tbd leuj jdlkusd koyleuj tbkt wnueh klldpt b`a ks k adajdr bd
h`hot wkot tn jdenog. Jy tbd t`ad tbdsd uo`-
lnros jdlnad bnt @VNs j`ee`nos ni hneekrs `o
vkeukt`no bkvd jddo jkcdh `otn tbd lkcd koh
aulb ni `t w`ee lnad tn iru`t`no (rdkh irna
pkpdr wdketb tn rdke anody tbdy lko jkoc
koh spdoh) kt tbd dxpdosd ni odw juydrs
ynu! Ekst ydkr tbd supdr-bnt @VN Ke jkjk
dstkje`sbdh kee c`ohs ni rdlnrhs jut vdry idw
`oh`v`huke `ovdstnrs tbkt jnugbt tbd stnlc
akhd anody- anst krd ens`og.
Lnos`hdr bnw akoy rnuohs ni iuoh`og
K`r JOJ bkvd gnod tbrnugb koh tbdrd w`ee
jd anrd jdinrd Ak`o \trddt gdts k j`td kt tbd
kpped. Xb`s lnueh jd k bnt @VN jut @ hnujt
@ w`ee jd lbks`og.
K`r JOJIuoh`og B`stnry
:660 :6,666
:660 966,666
:6;6 7.: a`ee`no
:6;; ;;: a`ee`no
:6;< :66 a`ee`no
:6;8 874 a`ee`no
:6;4 ; j`ee`no
Xntke ;,708,2:6,666
No tbd ntbdr bkoh @ h`h rdlnaadoh I`t J`t
kitdr `t jdgko trkh`og dvdo tbnugb tbd stnlc
pnppdh 46% no tbd i`rst hky ni trkh`og irna tbd
@VN pr`ld. Jdlkusd akokgdadot h`hot sulc
vkeukt no hry `o tbd pr vktd spkld tbdrd wks
nppnrtuo`ty edit inr rdguekr inecs kesn conwo ks
tbd`r lustnadrs> @ rdspdlt akokgdadot inr tbkt
koh tbd 49% rdturo wd akhd o k akttdr ni wddcs.
I`t J`tIuoh`og B`stnry
:662 : a`ee`no
:6;6 0 a`ee`no
:6;: ;: a`ee`no
:6;< 8< a`ee`no
Xntke 99 a`ee`no
LNO\@HDZ GZNTOH IENNZ
NVVNZXTO@X@D\ W/NTX BPVD
Ni lnursd tbdrds kontbdr npt`no inr `oh`v`h-
uke `ovdstnrs koh tbkts rdkeey jdlna`og dkrey
`ovdstnrs. Xbdrd krd sn akoy sakee lkp okads
tbkt w`ee dvdotukeey jdlnad g`kots `oleuh`og
rdke e`id uo`lnros jksdh no iuohkadotkes koh
dxdlut`no ni akokgdadot. @t st`ee tkcds wnrc,
hud h`e`gdold koh pkt`dold jut ont gdtt`og
sulcdh `otn tbd bypd aklb`od tbkt bks jdlnad
tbd akrr`kgd ni \`e`lno Ykeedy koh Wkee \trdd
enog tdra `ovdstnrs lnueh i`oh trud pur`ty koh
grkld koh akcd k ent ni anody kenog tbd wky.
@ts on aytb.
Lbkreds Vkyod
Wkee \trddt \trktdg`ds, @ol.
LDN koh Vr`ol`pke Kokeyst
Lbkreds Y. Vkyod `s tbd Lb`di Dxdlut`vd Nii`ldr
koh Vr`ol`pke Kokeyst ni Wkee \trddt \trktdg`ds, @ol
(W\\@), wb`lb bd inuohdh `o ;00;. W`tb edss tbko
$;6,666.66 `o stkrt up lkp`tke koh wnrc`og irna b`
kpkrtadot, bd ekuolbdh W\\@ tn prnv`hd k uo`qud
jrkoh ni stnlc akrcdt khv`ld. Xbrnugb tb`s sdrv`ld
sujslr`jdrs (anody akokgdrs koh `oh`v`huke `ovds
tnrs) jdgko tn rdkp s`zdkjed prni`ts koh tbd i`ra
hdvdenpdh k okt`noke rdputkt`no ks prnv`hdr ni t`adey
koh diidlt`vd dqu`ty kokeys`s. Xnhky, W\\@ prnv`hd
`oinrakt`no tn nvdr ;:6,666 rdg`stdrdh sujslr`jdrs
`o anrd tbko 96 lnuotr`ds ks wdee ks sdvdrke ni tbd
ekrgdst jkoc/jrncdrkgd i`ras. Lbkreds nvdrsdds k
tdka ni stnlc kokeysts tbkt lnvdr spdl`i`l `ohustry
grnups, `o khh`t`no tn ano`tnr`og tbd dot`rd akrcdkoh `oh`v`huke sdltnrs no b`s nwo.
Lbkreds pkss`no inr tbd stnlc akrcdt jdgko wbdo
bd wks ;8 ydkrs neh. Bd tneh b`s antbdr tbdo tbkt nod
hky, bd wnueh wnrc no Wkee \trddt.
Lbkreds gnt b`s stkrt `o tbd `ohustry `o rdsdkrlb
kt DI Buttno `o ;024. Kitdr twn ydkrs, bd sw`tlbdh
gdkrs koh klldptdh k pns`t`no w`tb jnut`qud jrncdr-
kgd i`ra, Grddotrdd \dlur`t`ds. @t wks tbdrd tbk
bd i`rst skw k o`lbd inr `ohdpdohdot koh t`adey
dqu`ty khv`ld, wb`lb edh tn tbd lrdkt`no ni Wkee \trdd
\trktdg`ds. Hud tn tbd sulldss ni b`s gu`hkold koh
stnlc sdedlt`nos, Lbkreds bks jdlnad wdee snugb
kitdr jy akoy b`gbey rdspdltdh i`okold-nr`dotdh
rkh`n, wdj koh tdedv`s`no prngrkas. Bd s w`hdey rdl
ngo`zdh `o tbd adh`k ks k edkhdr kanog tbd kokeystlnaauo`ty, koh `s rnut`odey lnotkltdh inr b`s akrcd
np`o`nos jy sdvdrke prdst`g`nus odws nrgko`zkt`nos.
No Muod :, :6;8, Inx Jus`odss Odtwnrc ekuolbdh
Lbkreds odw sbnw Akc`og Anody w`tb Lbkreds
Vkyod wb`lb `s idkturdh hk`ey kt 9pa D\X. Bd `s
adajdr koh nllks`noke bnst ni Ykrody & Ln koh `o
khh`t`no, bd `s k gudst-bnst no sdvdrke sbnws `oleuh
`og Lkvutn no Jus`odss koh Pnur Wnreh.
Nvdr tbd ydkrs, np`o`nos koh krt`leds no Lbkred
Vkyod bkvd jddo idkturdh `o prdst`g`nus odws nrgk
o`zkt`nos sulb ks Zdutdrs, tbd Wkee \trddt Mnuroke
koh tbd Odw Pnrc X`ads. Bd bks jddo tbd cdyontd
spdkcdr kt ouadrnus `ovdstadot lnoidrdolds, grks
rnnts dvdots koh dhulkt`noke gktbdr`ogs wnrehw`hd.
Lbkreds `s kutbnr ni Klt Ikst, Jd \akrt koh GdZ`lbhdjutdh `o Kpr`e :667.
Lbkreds wks kwkrhdh tbd Lnogrdss ni Zkl`k
Dquke`ty (LNZD) Ako ni tbd Pdkr Kwkrh `o :660.
Lbkreds kttdohdh A`ont \tktd Lneedgd koh Ldotrk
Xdxks Lneedgd hur`og b`s t`ad `o tbd K`r Inrld koh
Akmnrdh o Lr`a`oke Must`ld.
Bnjj`ds `oleuhd hrkw`og koh pk`ot`og kenog w`tb
rdkh`og ono-i`lt`no jnncs.
WKEE \XZDDX \XZKXDG@D\, @ol., 9; Jrnkhwky
\u`td ;8:4 OP, OP ;6669 XDE= :;:-4;8-0466 IKR
:;:-4;8-042: WWW.W\XZDDX.LNA o
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A`lrnLkp Zdv`dw Akgkz`od www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
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A`lrnLkp Zdv`dw Akgkz`od
:;www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
VZNI@EDH LNAVKO@D\
H@YDZ\@I@DH \DZY@LD\
VEKXINZA-EDYDZKG@OG
\XZKXDG@L VKZXODZ\B@V\
\`on-Genjkes jus`odss strktdgy bks jddo
sbkpdh jy `ts pursu`t ni sustk`okjed dkro
`ogs koh prni`tkj`e`ty. Xbd Lnapkoys `o`t`k
inlus up tn tbd doh ni i`slke ydkr :6;< rde`dh
snedey upno tbd sb`pp`og kgdoly jus`ods
tbkt gdodrktdh b`gbdr rdvdouds jut w`tbs`go`i`lkotey b`gbdr npdrkt`og lnsts koh
dxpdosds. Zdlngo`z`og tb`s ks ko uosustk`o
\`on-Genjke
\b`pp`og Kadr`lkK Ydrt`lkeey @otdgrktdh Xrkospnrtkt`no
Lnapkoy w`tb k Y`dw Xnwkrhs Enog-
Xdra \ustk`okjed Grnwtb
E`stdh no tbd Okshkq stnlc dxlbkogd
uohdr tbd t`lcdr \@ON, \`on-Genjke
\b`pp`og Kadr`lk, Eth. bks hdvdenpdh k
vdrt lkeey otdgrktdh pektinra ni sdrv lds w`tb`o
tbd trkospnrtkt`no `ohustry. Bdkhqukrtdrdh `o
Odw Pnrc, \`on-Genjke `s ruo jy ko dxpdr`-
doldh akokgdadot tdka koh `s dstkje`sbdh `osb`pp`og akrcdts wnrehw`hd -- w`tb jus`odss
npdrkt`nos spkoo`og tbd genjd.
\`on-Genjkes h`vdrs`i`dh sdrv`ld pektinra
`s lnos`stdh ni tbd @oekoh Xrkospnrtkt`no
Akokgdadot \drv`lds, \b`pp`og koh
Lbkrtdr`og \drv`lds, \b`pp`og Kgdoly
\drv`lds koh \b`p Akokgdadot \drv`lds.
Xbd Lnapkoys dxpdr`doldh akokgdadot
tdka `s hdh`lktdh tn grnw`og \`on-Genjke
jntb nrgko`lkeey koh tbrnugb lnape`adotk-
ry klqu`s`t`nos tbkt w`ee dobkold koh dxpkoh`ts lurrdot sdrv`lds. Edh jy Ar. Ed` Lkn,
tbd inuohdr koh Lb`di Dxdlut`vd Nii`ldr ni
\`on-Genjke, wbn bks
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::
A`lrnLkp Zdv`dw Akgkz`od www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
kjed pktb, akokgdadot hdvdenpdh k anrd
h`vdrs`i`dh pektinra ni sdrv`lds, w`tb tbd gnke
ni rdhul`og `ts hdpdohdoly no tbd sb`pp`og
kgdoly sdrv`ld jus`odss, wb`ed strdkae`o`og
npdrkt`nos tn `aprnvd npdrkt`og dii`l`do-
l`ds tbrnugb diidlt`vd pekoo`og, juhgdt`og
koh lnst lnotrnes. Kanog tbdsd lbkogds,
\`on-Genjke dx`tdh uoprni`tkjed sdrv`ld
kgrddadots, `oleuh`og nod kssnl`ktdh w`tb
k inradr akmnr lustnadr tbkt nold hrnvd
kpprnx`aktdey 96% ni tbd Lnapkoys sb`p-
p`og kgdoly rdvdouds.
Kesn hur`og i`slke ydkr :6;8, \`on-Genjke
edvdrkgdh `ts rdekt`nosb`p w`tb `ts strktd-
g`l pkrtodr, Ar. ]bnog ]bkog, tbd ekrgdst
dxtdroke sbkrdbnehdr ni \`on-Genjke, koh tbd
Lbk`rako ni tbd ]b`yuko @ovdstadot Grnup,
`o tbd dxpkos`no ni `ts sdrv`ld pektinra
jy khh`og twn odw sdrv`lds= sb`pp`og koh
lbkrtdr`og sdrv`lds koh `oekoh trkospnrtk-
t`no akokgdadot sdrv`lds. Xbdsd twn odwsdrv`lds wdrd khhdh tn sdrv`ld tbd spdl`i`l
jus`odss oddhs ni tbd ]b`yuko @ovdstadot
Grnup. \`on-Genjke pekos tn iurtbdr ano-
dt`zd tb`s rdekt`nosb`p, wb`ed lrdkt`og k ekrgdr
lustnadr jksd tn `olrdksd tbd prni`tkj`e`ty ni
`ts sdrv`lds pektinra.
DOXZP @OXN \B@V
AKOKGDADOX JT\@OD\\
@o ko diinrt tn jrnkhdo \`on-Genjkes sdrv`ldpektinra koh prdpkrd `tsdei inr dvdotuke vdssde
nwodrsb`p, tbd Lnapkoy klqu`rdh Enogbd
\b`p Akokgdadot, k Bnog Cnog lnapkoy
tbkt prnv`hds sb`p koh lrdw akokgdadot
sdrv`lds inr k ouajdr ni hry juec sb`ps tbkt
krd ju`et koh nwodh jy [`oghkn ]bdogbd
\b`pp`og Grnup E`a`tdh. Xbd klqu`s`t`no
h`rdltey dokjeds tbd Lnapkoy tn akokgd koh
sdrv`ld lnaadrl`ke sb`ps kt k grdktdr, anrd
s`go`i`lkot slked tbko dvdr jdinrd.
\B@V NWODZ\B@V W@XB
KXXZKLX@YD I@RDH ENOG-XDZA
LBKZXDZ KZZKOGDADOX\
\`on-Genjkes sb`pp`og koh lbkrtdr`og sdr-
v`ld `s onw jd`og khvkoldh jy tbd klqu`s`-
t`no ni tbdA/Y Znog ]bnu(Z]), k ;
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:
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Xbd Zneedr Lnkstdr
Z`hd ni Ledko XdlbWbkt k Zusb!
G ZDDO XDL B L NZODZ
X`a Lnnc aky bkvd sulldssiueey stdppdh
`otn \tdvd Mnjs pekld ks LDN ni Kpped, jut
tbd pdrsno wkec`og `o Mnjs sbnds `osp`r`og
tbd akssds w`tb `oonvkt`vd tb`oc`og koh odw
aust bkvd prnhults `s Deno Ausc. Lnueh
Xdsek jd tbd odw Kpped (kt edkst inr tbnsd wbn
lko kiinrh tbd`r prnhults)> Ausc rdldotey
koonuoldh tbd ekuolb ni tbd Vnwdrwkee, k
odw prnhult e`od ni bnad jkttdry stnrkgd
(tbdrds k lnaadrl`ke vdrs`no tnn).
Inr tbd akoy rdv`dws ni tbd Vnwdrwkees
spdl`i`lkt`nos h`sluss`og wbkt `t lko koh lkot
hn must gnnged `t nr lbdlc ynur snl`ke adh`kodws iddh. Edts ksc `ostdkh wbkt `t adkos
tn tbd ledko tdlb sdltnr= tbd koswdr `s K ENX.
Aulb e`cd \noys Wkecako ekuolbdh k wbned
`ohustry ni no-tbd-gn pdrsnoke aus`l, tbd
Vnwdrwkee w`ee i`okeey dstkje`sb ko `ohustry
ni bnad (kck enlke`zdh) dodrgy stnrkgd. Xbd
`Vnh ni tb`s spkld `s ydt tn lnad, koh w`ee
e`cdey lnad irna tbd wnreh ni lurrdot stkrt-
ups koh a`lrnlkps. Koh irna tbkt pnne tbd
`Vbnod ni tbd spkld w`ee ineenw, kenog w`tb k
ayr`kh ntbdr sakrtpbnods.Xb`s `s must tbd jdg`oo`og, jntb lnoldptu-
keey koh kltukeey, ni k wbned odw `ohustry.
I`vd ydkrs irna onw wdee bkvd nur lbn`ld
ni s`zd (h`ados`nos, pnwdr lnosuapt`no),
kppe`lkt`no (rds`hdot`ke, lnaadrl`ke, rurke,
urjko, no-gr`h, nii-gr`h), koh kdstbdt`l
(lnaadrl`ke, prklt`lke, krt`st`lkeey hds`godh
stktus syajne). @o tbd `otdr`a, stkrt`og onw,
tbdrd w`ee jd k ent ni grdkt jdts tn pekld.
XBD XWN BNXXD\X KXXZKL-
X@NO\ NI :6;4 KOH K VDKC KX
:6;9.
Ks k sl`dot`st, @ cddp rdh`slnvdr`og tbkt @
dxpdr`dold tbd wnreh irna k scdwdh pdr-
spdlt`vd. Inr ad `ts k wnreh ni `otdra`ttdot
ldrtk`ot`ds slkttdrdh kjnut k ekohslkpd ni
pkrt`keey koswdrdh qudst`nos koh ko kssnrt-
adot ni qudsts tn koswdr tbda. @ts k wnreh
`o wb`lb ont k s`oged kspdlt dslkpds tbd
`oieudold ni dvneut`no `o `ts akoy inras.
Nitdo tbd dvneut`no `s sn senw, e`cd grkhukedrns`no kenog k rnlcy r`vdrjkoc, wdrd innedh
`otn ldrtk`oty. Xbd rnlc uohdrinnt iddes
ldrtk`o koh sne`h, ydt `s senwey jd`og wnro
jy rusb`og wktdrs koh w`ohs. Ntbdr t`ads
dvneut`no `s k ekohse`hd ni h`srupt`vd lbkogd.
Xbkt sdda`ogey sne`h rnlc suhhdoey g`vds-
wky koh tbd r`vdr lkrvds k odw pktb.
Xbus `s tbd lbkeedogd ni `ovdst`og koh `o
on ntbdr `ohustry `s tb`s anrd dv`hdot tbko
`o Ledko Xdlb. Wbkt lnueh jd anrd dxl`t-
`og> Xb`s krt`led `s ko `otrnhultnry dxpenrk-t`no ni wbkt @ sdd krd tbd tnp dvnev`og Ledko
Xdlb trdohs a`hwky tbrnugb :6;4= dodrgy
stnrkgd, k snekr rdv`vke, koh wkstd h`vdrs`no/
lnovdrs`no.
DODZGP \XNZKGD= K ZNLC
BK\ JZNCDO IZDD
Edts stkrt w`tb tbd j`ggdst rdldot odws, i`rst.oJP HKZZDO DOG
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:4www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
\NEKZ= XBD ATEX@-B@EE IETAD
Z@HD
Aulb e`cd pdrsnoke aus`l hdv`lds koh
tbd sujsdqudot sakrt pbnod prne`idrkt`no
spkwodh k wbned pedtbnrk ni klldssnr`ds
irna lksds tn anuots, spdl`kety edosds
tn bdkh pbnods, jklcup-jkttdr`ds tn wdkr-
kjeds sn tnn w`e e tbd Vnwdrwkee koh ntbdr
dodrgy stnrkgd hdv`lds. Kerdkhy, snekr `s
tbd i`rst koh anst njv`nus pk`r`og Ausc
b`gbe`gbtdh. \nekr bks sddo k vkr`dty
ni ups-koh-hnwos ks khnpt`no rktds koh
`ts vkr`nus tdlboneng`ds bkvd dvnevdh.
Zdldotey snekr sddadh stkeedh no k stdkhy
senw le`aj. Jut k prne`idrkt`no ni kiinrh-
kjed stnrkgd hdv`lds, e`cd tbd Vnwdrwkee,
grdktey `aprnvds tbd dlnona`ls koh tbd
prklt`lke`ty ni gn`og snekr dspdl`keey `o
krdks w`tb d`tbdr b`gb kanuots ni suoe`gbtnr ekrgd vkr`kt`nos `o pdkc vs nii-pdkc dedl-
tr`l`ty rktds (okturke gks pr`lds aky peky k
rned tnn).
Anrd tbko snekr, k wbned su`td ni ntbdr
tdlb w`ee jd snno tn ineenw. Lnos`hdr ntbdr
inras ni sakee slked enlke`zdh dodrgy gdodrk-
t`no e`cd w`oh, byhrn, kokdrnj`l h`gdst`no,
koh gdntbdrake. Koh tbdo tbdrds snitwkrd
koh spdl`kety bkrhwkrd tbkt lnotrnes koh
akokgds tbd h`str`jut`no ni tbd dodrgy jd`og
stnrdh koh lnosuadh tn akx`a`zd dii`l`doly`o jntb h`rdlt`nos. Veus, hnot inrgdt tbd sdr-
v`ld prnv`hdrs koh `ostkeedrs inr kee tb`s odw
tdlb. Wb`ed wd krd e`cdey tn sdd ko dvneut`no
ni tbd lurrdot K/Y koh bnad tdlb `ostkeedrs,
dxpdlt k idw odw c`hs no tbd jenlc wbn spd-
l`ke`zd `o dodrgy dii`l`doly koh grddo`og
tbd bnad nr nii`ld tn tkcd nii. \nad ni tbnsd
kerdkhy dx`st.
INNH WK\XD= K ENN\D ZNLC
TOHDZINNX
\n wbkt `s tbd odxt rnlc tn lnad ennsd> @o
twn wnrhs= innh wkstd. Pds, tbkts r`gbt.
Innh wkstd.
Xbd hdvdenpdh wnreh tkcds innh inr grkot-
dh. @o j`g l`t`ds, `o a`h-s`zdh l`t`ds, dvdo `o
anst T\HK hds`goktdh Zurke Krdks, v`rtu-
keey KOP innh prnhult wd hds`rd `s s`tt`og
`o k stnrd w`tb`o k :6-a`outd hr`vd wk`t`og
tn jd purlbksdh. @o anst lksds `ts enncs
pdridlt tnn. Xn kllnape`sb tb`s a`rkled
tbd T\ prnhulds anrd tbko inur t`ads wbkt
`t lnosuads. Genjkeey nvdr ;/< ni kee innh
prnhuldh s wkstdh.
B`stnr`lkeey anst innh wkstd bks gnod tn
ekohi`ees k prnjeda jdlkusd ni adtbkod koh
ntbdr da`ss`nos prnhuldh. Noey rdldotey
bkvd wd stkrtdh h`vdrt`og k pnrt`no ni innhwkstd kwky irna ekohi`ees. W`tb akoy l`t-
`ds, lnuot`ds koh dvdo wbned stktds (YX, LX,
AK) onw jkoo`og lnaadrl`ke innh wkstd
irna tbd`r ekohi`ees, dxpdlt tn sdd dvdo anrd
tn lnad. Ay snurlds suggdst innh wkstd
aky jd no pne`t`lke edgkly rkhkrs tnn (ontd
tbd rdldot dxdlut`vd nrhdr rdqu`r`og 46%
rdhult`no `o ekohi`ee wkstds irna kee idhdrke
ikl`e`t`ds). W`tb kee tbd odw rdguekt`nos, tbd
lnsts kssnl`ktdh w`tb innh wkstd krd r`s`og.
\n wbdrd krd tbd nppnrtuo t`ds> Lnos`hdrtbd dot`rd innh suppey lbk`o, irna lrnps
tn c`tlbdos koh rdadajdr tbd tbrdd Zs.
Zdhuld= Inr dxkaped, ikradrs usd slkoodrs
no TKYs (kck hrnods) tn njtk`o rdket`ad
lrnp bdketb hktk tbus hdlrdks`og lrnp enss.
Zdusd= K snpb`st`lktdh lneedlt`no sdrv`ld inr
jkcdry wkstd suppe`ds tbd pdt innh `ohustry.
Zdlyled= Jdlkusd tbdrd w`ee kewkys jd wkstds
gdodrktdh, k bnst ni lnovdrs`no sneut`nos
kjnuoh rkog`og irna `o-bnad lnapnst`og
systdas, tn `o-rdstkurkot uo`ts lnovdrt`og
wkstds `otn j`nlbkr, tn auo`l`pke nrgko`l
wkstd pdeedt`zkt`no, tn j`niude prnhult`no, tn
kokdrnj`l h`gdst`no, tn neh slbnne lnapnst-
`og. Xbd w`oodrs `o tb s vkst akrcdt w`ee jd
sneut`nos tbkt dlnona`lkeey jkekold tbd lnst
ni lkp`tke dxpdosd, trkospnrtkt`no, koh lno-
vdrs`no prnldss w`tb nutput prnhult vkeuds.
@o iuturd krt`leds @ee pnsd anrd `o hdptb
qudst`nos tn lnos`hdr wbdo dvkeukt`og pkr-
t`luekr ledko tdlb sdltnrs. @o tbd adkot ad
domny tbd r`hd.
Hkrrdo Dog `s Lb`di Dxdlut`vd Nii`ldr koh Vrds`hdo
ni Grddojdet Zdsnurlds Lnrpnrkt`no. Vr`nr tn b`
kppn`otadot tn LDN, Dog sdr vdh ks k Jnkrh H`rdltn
stkrt`og `o Hdldajdr :662, koh pdrinradh tbd
rned ni \dlrdtkry inr tbd Jnkrh irna Kpr`e :660 tn
\dptdajdr :660.Dog bks nvdr :6 ydkrs ni dxpdr`dold `o dxdlut`vd
edkhdrsb`p rneds koh dotrdprdodur`ke dohdkvnrs. K
inuohdr koh Vrds`hdot ni Xbd \pnosnrsb`p Grnup
bd bks jddo t`tedh Dxdlut`vd H`rdltnr nr \do`nr Y`ld
Vrds`hdot ni k ouajdr ni prnidss`noke nrgko`zk
t`nos npdrktdh koh akokgdh jy Xbd \pnosnrsb`p
Grnup stkii. Ntbdr pkst sdo`nr akokgdadot pns`t`no
`oleuhd Npdrkt`noke H`rdltnr ni Ens Kogdeds Ydotur
Kssnl`kt`no koh Dxdlut`vd Y`ld Vrds`hdot ni tbd
H`g`tke Dvneut`no Ldotdr. Vr`nr tn ruoo`og vkr`nus
upstkrt lnapko`ds koh nrgko`zkt`nos tbrnugbnu
\nutbdro Lke`inro`k, Dog wnrcdh inr odkrey k hdlkhd
`o tbd dov`rnoadotke `ohustry. Irna ;008 tn ;002
bd edh tdkas ni sl`dot`sts koh dog`oddrs kt KDLNA
(inradrey DO\Z) ks k prnmdlt koh tdka akokgdr
koh sdrvdh ks k edvde @@@ kssnl`ktd sl`dot`st. B`s wnrc
`oleuhdh rdguektnry lnape`kold koh e`kj`e`ty kssdss
adots ni \nutbdro Okturke Gks ikl`e`t`ds koh ntbd
ekrgd jkoc-i`okoldh `ohustr`ke prnpdrt`ds `o tbd dkst
dro T.\. irna Ak`od tn Enu`s`kok.
Dog dkrodh k Jklbdenr ni \l`dold hdgrdd `o j`ne
ngy (dov`rnoadotke trklt) irna Pked To`vdrs`ty `o
Odw Bkvdo, Lnoodlt`lut. Dog `s Lbk`rpdrsno n
tbd GrddoEKYK \@G inr EKYK.nrg. Bd `s kesn k lur-
rdot adajdr ni jntb tbd Ados Gu`eh inr Lb`ehrdo
Bnsp`tke Ens Kogdeds koh tbd Pked \l`dold koh
Dog`oddr`og Kssnl`kt`no. o
Anrd tbko snekr, k wbned su`td ni ntbdr tdlb w`ee
jd snno tn ineenw. Lnos`hdr ntbdr inras ni sakee
slked enlke`zdh dodrgy gdodrkt`no e`cd w`oh, byhrn,
kokdrnj`l h`gdst`no, koh gdntbdrake.
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ldrtk`oey `sot k nod b`t wnohdr, w`tb k
bdketby le`dot e`st wb`lb `oleuhds Kpped,
Onc`k, Dodrg`zdr, Kldr koh Lb`ok \nutbdro
Vnwdr Gr`h, tn okad must k idw.
Inuohdh `o :66;, tbdy bkvd domnydh akoy
ydkrs ni sulldssiue, sustk`okjed grnwtb koh
bkvd jddo k puje`ley e`stdh lnapkoy s`old
Muod :662 no OK\HK[ uohdr tbd t`lcdr
syajne BVM. Bkv`og kerdkhy p`noddrdh tbd
ekohslkpd `o edkh`og ledko dodrgy tdlbonen-
g`ds `o Lb`ok, B`gbpnwdr `s pns`t`nodh tnjdodi`t irna grnw`og hdakoh koh lnot`ouds
tn edkh `o jkttdry koh ledko dodrgy sneut`no
akrcdts krnuoh tbd wnreh.
@ wks `ov`tdh tn tkcd k ennc krnuoh nod ni
B`gbpnwdrs ikltnr`ds koh try tn lnad tn gr`ps
w`tb bnw tbdsd jkttdr`ds wnrc. Xbd Lnapkoy
prnhulds dvdry typd ni jkttdry ynu lko akg-
`od, `o kee sbkpds koh s`zds. Jkttdr`ds krd dvdo
lustna ju`et jksdh no tbd oddhs ni k spdl`i`l
lustnadr. Xbdsd spdl`i`lkt`nos rkogd irna
sakee kdstbdt`l oddhs tn bugd `ohustr`ke nods.B`gbpnwdr prnhulds jntb e`tb`ua pneyadr
koh lye`ohr`lke jkttdr`ds. @ edkrodh tbkt nod ni
tbd anst apnrtkot koh w`hdey usdh jkttdr`ds
`o tbd `ohustry `s ;2946 lye`ohr`lke jkttdry
(;2aa h`kadtdr, 94aa bd`gbt). Xbdy krd
dssdot`keey nvdrs`zdh KK jkttdr`ds koh bkvd
jddo usdh `o prnhults inr akoy ydkrs. Xbdy
krd rnjust, skid koh ni b`gb lkpkl`ty inr tbd`r
s`zd. Koh `i k iurtbdr lkpkl`ty `s oddhdh, tbdy
Ont sn enog kgn, hdv`lds sulb ks tbdsd wdrd
lnapedtdey `aprklt`lke koh h`ii`luet tn lna-
inrtkjey i`t no k tkjed, edt kenod `o snadnods
pnlcdt. Bnwdvdr, tbd seddc, trdohy gkhgdts
inuoh `o sl`dold-i`lt`no, dvdo ks ikr jklc ks
\tkr Xrdc= Xbd Nr`g`oke \dr`ds, w`tb `ts edg-
dohkry ie`p nut lnaauo`lktnr, bkh kerdkhy
dajdhhdh tbd `hdk ni kakz`ogey e`gbt, pnr-
tkjed hdv`lds `o tbd puje`l lnosl`nusodss.
\nno kitdr tbd h`g`tke rdvneut`no, tbdrd
wks k idde`og tbkt tbd neh :6 pnuoh lna-putdrs lnueh ont lut `t koyanrd. Nold tbd
`o`t`ke juzz ni tbd VL jnna wnrd nii, tbd
puje`l wdrd sky`og= Xbdsd hdv`lds krd grdkt,
jut onw akcd tbda nod tdotb tbd s`zd koh
pnrtkjed.
Ks Annrds Ekw prdh`ltdh, dedltrno`ls gnt
sakeedr koh sakeedr ks t`ad wdot jy. Jut
tbdrd wks snadtb`og a`ss`og, tbkt i`oke p`dld
ni tbd puzzed, w`tbnut wb`lb `t wnueh bkvd
jddo `apnss`jed tn lrdktd koy c`oh ni hdv`ld
wb`lb wks pnrtkjed koh st`ee e`gbt koh se`adonugb tn aktlb tbd lnosuadrs w`ehdst
hrdkas.
Koh tbdo `t bkppdodh. @o ;00; tbd cdy
tbkt wnueh irdd us up irna nur wkee snlc-
dts wks rdedksdh= Xbd e`tb`ua `no jkttdry.
Xbdsd hkys e`tb`ua jkttdr`ds pdradktd dvdry
kspdlt ni nur e`vds. Jdlkusd ni tbda, dedl-
trno`l hdv`lds bkvd qu`td e`tdrkeey dotdrdh
nur a`ohs, `o tbd inra ni YO\ `apekots `oLDN Gdnrgd Vko
B`gbpnwdr @otdrokt`nokeK Ennc kt B`gbpnwdr koh tbd Wnreh ni Jkttdr`ds
OK\HK[= BVM
VZNI@EDH LNAVKO@D\
@o tbd pkst :6 ydkrs wd bkvd dxpdr`doldh ko uoprdldhdotdh grnwtb `o tbdhdakoh inr anj`ed dedltrno`l hdv`lds. H`g`tke lkadrks, lnaputdrs, anj`edpbnods, tkjedts3 tbdsd prnhults krd on enogdr snadtb`og lnosuadrs wkot, tbdy
krd snadtb`og tbkt tbdy oddh, tn dx`st `o tbd wnreh ks k anhdro buako jd`og. Jut
bnw `s `t tbkt wd bkvd anvdh `otn tb`s jrkvd odw wnreh>
tbd jrk`o wb`lb bdep tn lnotrne h`sdksds sulb
ks dp`edpsy koh Vkrc`osnos. @o tbd prnldss ni
i`oh`og tbd`r wky otn dvdry pkrt ni nur e`vds,
tbdy bkvd lkpturdh nur `akg`okt`nos ks wdee.
@t wks ka`hst tb`s jklchrnp ni dxpkos`no
koh grnwtb tbkt @ jdgko tn edkro kjnut
B`gbpnwdr @otdrokt`noke. @o tdras ni h`vdr-
s`i`lkt`no, tbd lnapkoy bks k w`hd rkogd ni
prnhults kee klrnss tbd jkttdry sdltnr3 tbdy
prnhuld jkttdr`ds inr dedltr`l lkrs koh jusds,
j`lyleds, wdkrkjed hdv`lds, pbnods, ekptnps,r`gbt hnwo tn s`aped lnosuadr jkttdr`ds
inr sakee dedltr`lke `tdas. Koh B`gbpnwdr
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:7www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
lko s`apey jd pklcdh `otn grdktdr ouajdrs.
Xbd lye`ohr`lke sbkpd `s dssdot`ke inr `ts
iuolt`noke`ty, wb`lb keenws tbd jkttdry tn
w`tbstkoh b`gb `otdroke prdssurds w`tbnut
hdinra`og. Bnwdvdr, tb`s kesn lnads w`tb
e`a`tkt`nos. Anst ni tb`s rdektds tn kdstbdt`ls3
tbd`r sbkpd akcds tbda h`ii`luet tn i`t `otn
hdv`lds e`cd ekptnps, pbnods koh lkadrks,
inr dxkaped. Inr tbdsd, B`gbpnwdr akcds
pneyadr ldees jdlkusd tbdy krd iekt tbdy lko
kesn jd pnwdriue koh g`vd sakrt pbnod i`o`sb
tbkt dvdrynod wkots.
Jut tbdrds anrd tn e`tb`ua jkttdry prn-
hult`no tbko tbkt. Xbdrd krd h`iidrdot konhd
koh lktbnhd aktdr`kes koh tbd adtke usdh `s
ont must e`tb`ua, `t lko jd e`tb`ua lnjket, nr
`rno, nr akogkodsd. Xbd dog`oddrs nitdo t`o-
cdr krnuoh w`tb tbd e`tb`ua snup uot`e `ts
dedltr`lke prnpdrt`ds krd ks oddhdh. Jdlkusdni tbd akoy h`iidrdot vkr`kt`nos ni tbd akcd-
up, tbd pnss`j`e`t`ds krd dohedss, w`tb ks akoy
h`iidrdot typds ni jkttdry dx`st`og ks tbd
prnhults tbdy krd usdh `o.
Wbkt kee ni tb`s khhs up tn `s tbkt,
B`gbpnwdr `s ont rde`kot no nod pkrt`luekr
`ohustry nr prnhult. Lnapko`ds `o tbd jkt-
tdry akouikltur`og `ohustry, bkvd vdry e`tted
hdakoh s`hd r`sc. @i, inr dxkaped, wd kee bkh
tn stnp us`og anj`ed pbnods tnanrrnw, tbd
jkttdry ohustry wnuehot lruajed nvdro`gbt.B`gbpnwdr krd `osuektdh `o wkys akoy
lnapko`ds lko noey hrdka ni. Xbdrd krd
e`tted sdksnoke ieultukt`nos `o hdakoh koh on
p`noddr`og tdlbonengy krnuoh tbd lnrodr tn
rdpekld tbda.
@ts trud tbkt wd e`vd `o k rkp`hey lbkog`og
akrcdt. K lnapkoy lko jr`og nut k odw
prnhult wb`lb `s tbd jdst tb`og s`old se`ldh
jrdkh, w`tb`o anotbs `t `s lnp`dh nr akhd
njsnedtd jy k odw nod. Pnu oddh noey lkst
ynur a`oh jklc tn tbd envkjed ikx aklb`od,
nr tbd pkgdr. \ulb `ssuds hn ont kiidlt tbd
jkttdry `ohustry. @i ynurd ennc`og inr ko
`ohustry w`tb e`tted hdakoh s`hd r`sc tbdrd krd
idwdr jdttdr dxkapeds tbko tbkt ni jkttdr`ds.
Ekptnps, pbnods, tkjedts, lkadrks. Ontb`og
sbnrt ni snad c`oh ni trkos-genjke kpnlk-
eypt`l sldokr`n `s e`cdey tn kiidlt hdakoh,
jut wbkt kjnut tbd iuturd> Wbdrd `s tbd
odxt dxl`t`og hdvdenpadot `o tbd `ohustry>
Wbdrd a`gbt wd dxpdlt ekrgd grnwtb `o
hdakoh inr e`tb`ua `no jkttdr`ds> Wbdrd `s
ay dxnscdedtno su`t>
On nod `s gn`og tn jd ennc`og e`cd @rno
Ako nr Xna Lru`sd `o Dhgd ni Xnanrrnw,
Hkoldrs wbn hkold no jkttdry pnwdrdh
prnstbdt`l e`ajs, pkldakcdrs, cddp bdkrts
jdkt`og koh Gnnged gekssds, prnmdlt h`g`tke
h`spekys `otn nur i`deh ni v`s`no. @ts bkrh tn
sky wbdrd ako dohs koh aklb`od jdg`os jut
tbd tdlbonengy `s must ont dlnona`l r`gbt
onw.
Akyjd ynu bkvdot hr`vdo ko dedltr`l vdb`-
led ydt jut @a ldrtk`o ynu w`ee bkvd lnad
klrnss tbd dedltr`l jus nr tkx`. Pnuh jd inr-
g`vdo inr tb`oc`og tbdrd wks snad p`noddr-
`og odw tdlboneng`lke jrdkctbrnugb akc`og
`t kee pnss`jed. Jdinrd ennc`og `otn tbd `ohus-try, @ vdry aulb tbnugbt tbd skad. Jut anst
ni tbd sulldss ni tb`s tdlbonengy `s hnwo tn
tbd `ohustrys gnehdo lb`eh, tbd ;2946. Pds,
ontb`og anrd tbko nvdrs`zdh KK jkttdr`ds!
Koh tbd tdlbonengy bks dx`stdh inr hdlkhds.
@t bks `aprnvdh tbnugb dvdry ydkr3 tbd
jkttdr`ds bkvd `olrdksdh `o dii`l`doly jy
krnuoh 2%. Xb`s, lnupedh w`tb khvkoldh
snitwkrd wks donugb koh tbd t`pp`og pn`ot
wbdrd t wks lnst diidlt`vd tn prnhuld dedltr`l
vdb`leds i`okeey lkad.JAW, Inrh I`kt, Bnohk, Adrldhds,
O`ssko, Vnrlbd, kee tbd j`g pekydrs `o tbd kutn-
ant`vd ohustry krd onw dotdr`og tbd dedltr`l
vdb`led akrcdt. Xb`s `s tbd pkrt wbdo `t gdts
rdkeey iutur`st`l. \nad ni tbd vdb`leds jd`og
rdedksdh dvdo bkvd tbd lkpkj`e`ty ni hr`v-
`og tbdasdevds, ketbnugb tbd tdlbonengy `s
jd`og sbdevdh w`tb`o tbd vdb`leds i`rawkrd
uot`e kee tbd edgke `ape`lkt`nos inr `osurkold
krd wnrcdh nut. @t sddas dedltr`l vdb`leds
krd e`cdey tn jdlnad syonoyanus w`tb sdei-
hr`v`og tdlbonengy.
Wbdrd hnds B`gbpnwdr i`t `otn kee ni tb`s>
Wdee, tbdy bkvd iuei`eedh k lnotrklt tn prnv`hd
;47 jusds `o tbd \bkogbk` rdg`no w`tb jkttdr-
`ds. Wby `s tb`s `apnrtkot> Odw edg`sekt`no
rdqu`rds tbkt ;6% ni kee jus rdodwkes bkvd
tn jd dedltr`l. No tnp ni tbkt, kee jusds aust
jd rdodwdh kitdr k pdr`nh ni 2 ydkrs. Xn
addt tb`s akohktd, tbd Lb`odsd gnvdroado
rdqu`rds 8666 odw jusds irna :6;9 nowkrhs
Inr B`gbpnwdr tn bkvd kerdkhy put `tsde
inrwkrh koh jdg`o addt`og tb`s hdakoh put
tbd lnapkoy `o k vdry strnog pns`t`no.
\ddc`og j`g gnvdroadot prnmdlts w`tb`o
Lb`ok `s tbd p eekr stnod ni B`gbpnwdr
jus`odss strktdgy. Xbd oddh inr dedltrno`l
jusds dx`sts ont noey `o Lb`ok jut `o tbd
wbned ni \nutb Dkst Ks`k koh ks ikr ks @oh`k
W`tb Lb`oks prdidrdold inr bnadgrnwo
lnapko`ds, tb`s `s k vdry dxl`t`og t`ad inr
B`gbpnwdr `ohddh.
Ks wdee ks tb`s, tbdrd bks kesn jddo prng-
rdss w`tb snekr pnwdr. Lb`ok koh ntbdr gnv-
droadots krnuoh tbd wnreh krd akss`vdey
`olrdks`og tbd`r rde`kold no snekr dodrgy
Lb`ok kenod `ostkeedh ;: GW ni odw pbn-
tnvnetk`l (VY) gdodrkt`no lkpkl`ty `o :6; Bnw h`h
`t akcd k speksb `o ko `ohustry wbdrd akoy
ntbdr lnapko`ds bkvd ik`edh> Xbd koswdr
`s rdsdkrlb koh hdvdenpadot, dlnona`ds ni
slked koh bkv`og k anhdro akokgdadot
styed. Xbd jdst dxkaped ni bnw tb`s bks
wnrcdh inr tbda `s tbd `ssud ni jkttdry skidty.
Jkttdry skidty `s snadtb`og tbkt bks kewkyspekgudh tbd `ohustry koh `s snadtb`og tbkt
bks bdeh k ent ni lnapko`ds jklc, dspdl`keey
`o Lb`ok. Jut B`gbpnwdr bks tkcdo wdstdro
`ovdstnrs koh akokgdadot tdkas koh lbdrry
p`lcdh rdsdkrlbdrs koh dapenydds irna kee
nvdr tbd wnreh tn lnad up w`tb k ekjnr inrld
tbkt bks `osuektdh `tsdei kgk`ost prnjedas tbkt
lko lnad irna wnrc`og `o tb`s b`gb-tdlb
`ohustry.
Oddhedss tn sky, `t `s `olrdh`jey `apnr-
tkot tn prnhuld skid jkttdr`ds. @i nod niynur jkttdr`ds adets hnwo koh lkusds k i`rd,
nr dvdo ikees sbnrt ni tbd akrc `o lkpkl-
`ty, tbd bugd NDA tdlb `ohustry tbkt hna`-
oktds tbd lnosuadr akrcdt w`ee ont tnulb
ynu. @o tbd lnape`lktdh wnreh ni e`tb`ua
`no jkttdry prnhult`no, skidty `s ko krdk
wbdrd sn akoy lnapko`ds bkvd ikeedo sbnrt.
Bnwdvdr, tbrnugb lkrdiue pekoo`og koh
hds`go, B`gbpnwdr bks akokgdh tn kvn`h
tbdsd `ssuds. Edts tkcd k qu`lc ennc kt snad
ni tbd pdnped wbn bkvd akhd B`gbpnwdr
sulb k strnog edkhdr `o tbd akrcdt.
Bkv`og sdt tbd jkr `o Z&H koh pnwdr stnr-
kgd `oonvkt`nos, B`gbpnwdrs kwkrh w`oo`og
tdka ni dxpdr`doldh edkhdrs bkvd akhd k
bugd lnotr`jut`no tn tbd sulldss ni tbd lna-
pkoy. Nvdr tbd ydkrs, tbdy bkvd lnot`oudh tn
dapeny k h`vdrsd rkogd ni dxpdrts, lnaj`o-
`og akoy ydkrs ni dxpdrt`sd koh `oonvkt`no
tn ju`eh k lnapkoy truey hdsdrv`og ni `ts
pekld kt tbd inrdirnot ni jkttdry prnhult`no.
K sb`o`og dxkaped ni tb`s `apdllkjed
edkhdrsb`p `s tbd lnapkoys lb`di sl`dot`st,
Vdtdr Lbdog. W`tb nvdr ;6 ydkrs ni dxpdr`-
dold `o Z&H ni e`tb`ua jkttdr`ds, pneyadr
ldee, ldee aktdr`kes koh dedltrnlbda`lke sys-
tdas, bd bnehs ko `aprdss`vd jklcgrnuoh.
Vdtdr bkh wnrcdh no lnnpdrkt`vd prnmdlts
w`tb tbd e`cds ni Kpped, Antnrnek, \kasuog,
Onc`k koh A`lrnsnit tn okad k idw, koh bks
lnotr`jutdh tn edkh`og `oonvkt`nos `o jkttdry
hds`go koh stnrkgd.
B`gbpnwdr ledkrey sdds jkttdry prnhult`no
ks ont noey jd`og prni`tkjed, jut kesn k b`gbey
wnrtby lkusd, nod wb`lb bnehs grdkt prna`sd
inr rdhul`og nur `apklt no tbd dov`rnoadot.
B`gbpnwdr `s sdtt`og `ts s`gbts no tbdsd
bugd okt`noke lnotrklts w`tb`o Lb`ok, w`tb`ts strnog trklc rdlnrh, dvdo k s`oged nod
ni tbdsd lnotrklts wnueh ekoh tbd lnapkoy
a`ee`nos ni hneekrs `o rdvdoud. Wb`ed st`ee
bkv`og `ts rnnts `o skid rde`kjed lnapko`ds
e`cd Vb`e`ps, \noy, Inxlnoo, Kldr, Eng`tdlb,
Onc`k tn okad jut k idw. o
Xbd lnapkoy pk`h lnos`hdrkt`no tn \OO nr `ts kii`e`ktds inr tb`s krt`led.
Jkttdry prnhult`no aklb`od
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A`lrnLkp Zdv`dw Akgkz`od
:0www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
IDKXTZDH KZX@LED
`o dxldss ni $;66 k jkrrde.:
Wbdo ynu hdstrny prnhult`vd lkpkl`ty `o k
lkp`tke-`otdos`vd jus`odss -- wbdo ynuvd sbu
n`e i`dehs `t tkcds i`vd, s`x, nr sdvdo ydkrs tn
hdvdenp odw suppey wbdo hdakoh rdturos.
Kt krnuoh $86 tn $46 pdr jkrrde tnhky,
dxpdlt tbkt wd w`ee sdd k rdsneut`no nvdr tbd
lna`og tbrdd nr inur ydkrs.
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Kjsneutdey pns`-
t`vdey. Xbdrds on wky krnuoh `t.
Bnwdvdr jkhey tbd rdsnurld jus`odss bks
pdrinradh inr ynur nwo pnrtine`ns rdldotey,
`t `s tbd stuii ni e`id.\dvdo j`ee`no ni us wkot tn `olrdksd nur
e`v`og stkohkrhs. Koh wd krd khdquktdey sup-
pe`dh nr nvdrsuppe`dh kt prdsdot.
Jut `i tbd `ohustry hndsot dkro `ts lnst
ni lkp`tke nvdr t`ad, tbd pr`lds w`ee bkvd tn
gn up nr tbnsd lnaanh`t`ds w`ee jdlnad
uokvk`ekjed.
Edts tb`oc kjnut tbnsd aktdr`kes. Wbkt
bkppdos `i lnppdr jdlnads uokvk`ekjed> @t
adkos tbd e`gbt gnds nii. Wbkts tbd prnj-
kj`e`ty ni tbkt> @ wnueh sky `ts o`e.
@ lkot tdee ynu tbkt lnppdr `s gn`og up
r`gbt kwky. Jut @ lko tdee ynu tbkt k lna-
anh`t`ds akrcdt wbdrd pr`lds bkvd ikeedo
jy 46% `s sujstkot`keey anrd kttrklt`vd tbko
`t wks jdinrd. @rno`lkeey tbd `ohustry `s edss
kttrklt`vd wbdo `t `s dkro`og vdry ekrgd prni`t
akrg`os. Xbkts wbdo wdrd gdtt`og lensd tn k
akrcdt pdkc.
B`gb pr`lds dolnurkgd pdnped tn lnosdrvd.
Xbdyrd lnosua`og edss. Adkowb`ed, b`gb
lksb ienws krd dolnurkg`og lnapko`ds tn
`olrdksd suppey. Xbkts akgo`i`dh jy tbd iklt
tbkt `ovdstnrs krd jdlna`og anrd juee`sb,
dvdo tbnugb wdrd `ovdst`og `o prnhults tbkt
krd jd`og lnosuadh edss koh edss jdlkusd
tbdy krd dxpdos`vd. @ts truey pdrvdrsd.
Wd wkot psylbneng`lke rd`oinrldadot inr
nur klt ni juy`og rdsnurld stnlcs wbdo tbdy
bkvd pdrinradh sn pnnrey inr tbd ekst 8 ydkrs.
Wd oddh pr`lds tn r`sd `aadh`ktdey kitdr wd
hdl`hd tn juy.
Jut tbd akrcdt hndsot lkrd kjnut wbkt wd
oddh. Xbd akrcdt lnueh turo 9 anotbs irna
onw nr : ydkrs irna onw. @ts `apnrtkot tn
s`zd bnw aulb ni ynur pnrtine`n tn `ovdst
kllnrh`og tn ynur i`okol`ke koh psylbneng`-
lke kj`e`ty tn dohurd r`sc koh vnekt`e`ty.Ntbdrw`sd, ynurd gn`og tn gdt sbkcdo nut
kt tbd jnttna koh r`sc lna`og jklc `otn tbd
sdltnr kt tbd tnp.
Zdadajdr bnw tdrr`i`dh ynu wdrd o ;002
koh ;000. Zdadajdr bnw dektdh ynu wdrd
`o :668, `o :664. Zdadajdr okads e`cd
Krdqu`pk, H`kanoh I`dehs, Eua`ok, \`evdr
\tkohkrh. K wbned e`tkoy ni tb`ogs wdrd
lbdkp jklc `o ;002 koh ;000. Wd wdrd tdrr`-
i`dh wbdo wd jnugbt tbnsd stnlcs.
Jut wd wdrd dvdotukeey vdry bkppy tbkt wdakhd tbnsd purlbksds.
Hky ineenws o`gbt. @ lkot tdee ynu wbdo
hky w`ee lnad. Koh @ lkot tdee ynu bnw. Jut
rdadajdr tbkt ynu akcd anody juy`og enw
koh sdee`og b`gb. Koh tn hn tbkt, ynu oddh
tn juy enw.
V.\.= Zdkh anrd irna Z`lc Zued, Dr`l
\prntt, koh ntbdr tbnugbt edkhdrs `o okturke
rdsnurlds koh prdl`nus adtkes jy sujslr`j`og
tn \prntts irdd d-edttdr. \ujslr`jd bdrd.
;bttp=//www.wsm.lna/krt`leds/jklc-tn-tbd-iuturd-n`e-rdpekys-;026s-just-;8:;;09o1VDX&s1I666666^^
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A`lrnLkp Zdv`dw Akgkz`od
Edt Vrnt Vekoodrs bdep!
AKOKGDADOX KOH LNZVNZKXD KHY@\NZ\
VVAX hde`vdrs k lnaprdbdos`vd su`td ni sdrv`lds hds`godh tn addt tbd oddhs ni a`hhedAkrcdt akokgdadot tdkas. Irna kllnuot`og sdrv`lds tn `otdrokt`noke tkx strktdgy, Irna
sdo`nr hdjt okol`og tn klqu`s`t`no okol`og, VVAX niidrs otdgrktdh sdrv`lds tn suppnrt
dvdry kspdlt ni tbd lnrpnrktd hdvdenpadot lyled.
Cdy B`gbe`gbts=
Inradr D&P Dotrdprdodur`ke sdrv`lds
Inradr Hden`ttd Xkx \trktdg`sts
Inradr \DL Doinrldadot Lnuosde
E`ldosdh Jkocruptly Lnuosde
Khv`snrs irna kee kspdlts ni wkee strddt okold.
Lnosuet`og
Jus`odssKhv`snry
Lkp`tkeAkrcdts
Xdlbonengy
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Xb`s bks jddo
Inr dklb ni tbd ekst tbrdd ydkrs `t kppdkrdh tbkt tbd J`ntdlb
Xrk`o a`gbt stnp. @t `s ledkr tbkt :6;4 wks nod ni tbd jdst
ydkrs dvdr domnydh jy tbd J`ntdlbonengy `ohustry, `o tbd i`oko-l`ke akrcdts, dvdr.
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A`lrnLkp Zdv`dw Akgkz`od
Xb`oc kgk`o.Kee c`hs hdsdrvd tbd r`gbt tn grnw up peky`og spnrts koh jd`og klt`vd. \pnrts
tdklbds tbda tbd iuohkadotke vkeuds oddhdh tn sullddh `o e`id. Kee tnn nitdo,
c`hs w`tb pbys`lke lbkeedogds krd edit no tbd s`hde`ods. Inr :; ydkrs, LKI bks
suppnrtdh nvdr 0,466 ktbedtds wnrehw`hd w`tb grkots inr dqu`padot, lnapdt`t`no,
trk`o`og koh adotnr`og, prnv`h`og tbd tnnes tbdy oddh tn gdt `o tbd gkad.
Wdrd lbkog`og e`vds, nod ktbedtd kt k t`ad.
:6;8 Lbkeedogdh Ktbedtds Inuohkt`no. LKI `s k 46;(l)(
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86 A`lrnLkp Zdv`dw Akgkz`od www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
\bkogbk` Akrcdts \w`it Z`sd Ensds
\tdka Wb`ed Bnog Cnog ZkocsOuajdr Nod `o @VN Iuohs Zk`sdh
K \ @ K L N Z O D Z
pdrldot hdle`od nvdr must tbrdd wddcs. Xbd
rkp`h hrnp prnaptdh k auet`tuhd ni adk-
surds irna Jd`m`og `o ko diinrt tn stkj`e`zd
tbd akrcdt. Xbd ldotrke jkoc i`rst lut `otdr-
dst rktds wb`lb wks sbnrtey ineenwdh jy tbd
Lb`ok \dlur`t`ds Zdguektnry Lnaa`ss`nos
(L\ZL) anvd tn bket @VNs koh tbd lnuotrys:; ekrgdst jrncdrkgd i`ras ekuolbdh k jke-
Irna tbd stkrt ni tbd ydkr, 70 lnapko`ds
rk`sdh ;6
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A`lrnLkp Zdv`dw Akgkz`od
8;www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
kold iuoh wnrtb Zaj;:6jo (T\$;0.
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8: A`lrnLkp Zdv`dw Akgkz`od www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
\tktds koh onw Lkokhk. No Muey 7, :6;4 tbd
Lnapkoy lnapedtdh `ts i`rst akmnr klqu`s`-
t`no tbrnugb tbd tkcdnvdr ni Lnkstke Gneh
Lnrp. wb`lb bdeh k ;66% `otdrdst `o tbd
Bnpd Jrnnc Gneh Vrnmdlt enlktdh `o snutb-
dro Odwinuohekoh. Xb`s klqu`s`t`no khhdh
kpprnx`aktdey nod a`ee`no nuolds ni gneh
tn tbd I`rst A`o`og a`odrke jkoc koh gn`og
inrwkrh tbd Lnapkoy k`as tn akcd kontbdr
nod tn twn akmnr klqu`s`t`nos jdinrd ydkr-
doh. Xbd Lnapkoy sddcs tn dvdotukeey ju`eh
`ts pnrtine`n tn 86-46 a`odrke kssdts wb`lb
wnueh jd lnapr`sdh ni gneh, s`evdr, lnppdr,
edkh, z`ol koh o`lcde.
I`rst A`o`og I`okold `s suppnrtdh jy Cd`tbOduadydr koh I`rst Akmdst`l wb`lb `s nod ni
tbd Wnrehs ekrgdst s`evdr prnhuldrs. I`rst
A`o`og sbkrds nii`ld spkld koh ldrtk`o stkii
w`tb I`rst Akmdst`l `o nrhdr tn cddp skekr`ds
koh nvdrbdkh lnsts a`o`ake ks tbd Lnapkoy
gdts stkrtdh.
Inr anrd `oinrakt`no, pedksd lnotklt
Hdrdc @wkokck, Y`ld Vrds`hdot ni @ovdstnr
Zdekt`nos inr anrd `oinrakt`no kt 968-9
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8
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A`lrnLkp Zdv`dw Akgkz`od www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
Lnenrdltke lkoldr (LZL) `s tbd tb`rh anst lnaano
lkoldr h`kgonsdh `o jntb ado koh wnado `o tbd
To`tdh \tktds. LZL `s prdvdotkjed tbrnugb rdguekr
slrddo`og.
`ds bkvd sbnwo tbkt ldrtk`o ikltnrs krd e`ocdh
tn ko `olrdksdh lbkold ni hdvdenp`og tb`s
h`sdksd.
@o khh`t`no, snad dv`hdold suggdsts tbkt
tbd hdvdenpadot ni LZL aky jd kssnl`ktdh
w`tb k sdhdotkry e`idstyed3 sanc`og3 koh b`gb
h`dtkry lnosuapt`no ni rdh koh prnldssdhadkts koh enw lnosuapt`no ni wbned grk`os,
iru`ts, koh vdgdtkjeds.
XBD AKZCDX
Lurrdotey, tbdrd krd twn typds ni INJX kvk`e-
kjed. K trkh`t`noke, lbda`lke-jksdh INJX
(LINJX) usds tbd lbda`lke guk`kl tn hdtdlt
bdad `o stnne. Bdad `s tbd `rno-lnotk`o`og
lnapnodot ni tbd jennh prntd`o bdangen-
j`o. Xbd ntbdr typd, lkeedh aauonlbda`lkeINJX (`INJX) usds kot`jnh`ds tn hdtdlt
buako bdangenj`o prntd`o `o stnne.
@o lnapkr`og tbd twn tdsts typds, tbd
odwdr `INJX bks snad s`go`i`lkot khvko-
tkgds.
Xbd `INJX `s hds`godh tn hdtdlt buako
bdangenj`o koh `s kesn spdl`i`l inr jennh `o
tbd enwdr gkstrn`otdst`oke (G.@.) trklt rktbdr
tbko jennh nr`g`okt`og irna ntbdr snurlds
b`gbdr up `o tbd G.@. trklt.
Xbd LINJXs dxb`j`t ikesd pns`t`vd rdsuets
hud tn tbd prdsdold ni pekot koh ko`ake
aktdr`kes. @o nrhdr tn gdt anrd kllurktd tdst
rdsuets, tbd tdst rdqu`rds tbkt pkt`dots kvn`h
ldrtk`o innhs, hrugs, v`tka`os, koh akoy
ntbdr sujstkolds tbrdd tn sdvdo hkys jdinrdtdst`og. @o sp`td ni tb`s, ikesd-pns`t`vd rdsuets
rdak`o ks b`gb ks
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A`lrnLkp Zdv`dw Akgkz`od
84www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
XBD VZNHTLX
Lnapkrdh tn trkh`t`noke tdst`og, Bdansurd
bks hdvdenpdh tbd ektdst tdlboneng`lke jrdkc-
tbrnugb `o `INJX. Kpprnvdh jy tbd T.\.
Innh & Hrug Kha`o`strkt`no (IHK) koh
LE@K wk`vdh, Bdansurd dapenys k uo`qud
lnaj`okt`no ni anonlenoke koh pneylenoke
kot`jnh`ds tn hdtdlt noey buako koh jennh
`o stnne.
@o khh`t`no tn tbd `obdrdot spdl`i`l`ty koh
sdos`t`v`ty, tbd Bdansurd tdst lko jd pdr-
inradh jy bdketb lkrd prnv`hdrs `o bnsp`tkes,
Adh`lke ekjnrktnr`ds, koh pr`vktd prklt`lds.
@t `s ont odldsskry tn sdoh idlke skapeds tn
tbd ekjnrktnry.
Bdansurds ledkr kllurktd rdkh`og ni nod
nr twn jkohs `s lnapkrkjed tn `otdrprdt`og
k prdgokoly tdst. Hnltnrs lko dks`ey, qu`lcey,
koh kllurktd rdkh Bdansurds tdst `o 4 tn ;6
a`outds. Gu`kl lbda`lke tdsts, lnovdrsdey,
sbnw k jeud lnenr tbkt `s nitdo h`ii`luet tn
`otdrprdt.
Xb`s odw tdlbonengy bks grdktey `aprnvdh
spdl`i`l`ty, sdos`t`v`ty, kllurkly, koh lnst-
diidlt`vdodss ni INJXs. Bdansurds tdst prn-
v`hds grdktdr tbko 09 pdrldot enwdr gkstrn-
`otdst`oke trklt spdl`i`l`ty, wb`lb `s aulb
b`gbdr tbko lbda`lke-jksdh tdst`og.Zdgkrh`og le`o`lke sdos`t`v`ty, Bdansurds
tdst bks grdktdr tbko 27 pdrldot sdos`t`v`ty.
@o lnapkr`sno, tbd Guk`kl lbda`lke tdst noey
niidrs 46 pdrldot sdos`t`v`ty.
Kontbdr jdodi`t ni Bdansurds tdst `s tbkt
`t prnv`hds grdktdr tbko 07 pdrldot kllurkly3
trkh`t`noke tdsts krd edss tbko 29 pdrldot
kllurktd.
Dstkje`sbadot ks XBD Akrcdt Edkhdr
W`tb Bdansurds hdh`lktdh `o-bnusd koh
nuts`hd skeds stkii, Bdansurd qu`lcey dstkj-e`sbdh `tsdei ks k akrcdt edkhdr `o tbd `INJX
`ohustry, dvdo surpkss`og ekrgdr, puje`lkeey
trkhdh lnapko`ds.
Bdansurd bks pkrtodrdh w`tb tbd
Hdh`lktdh H`str`jutnr Vkrtodrs `o nrhdr tn
tbd `INJ Xdst `otn tbd tnp hnltnrs nii`l-
ds, bnsp`tkes koh ekjnrktnr`ds. \nad ni
nur Vkrtodrs `oleuhd= Onvkt`no, Kadr`odt
Lbn`ld, BdketbXrust Vurlbks`og Grnup,
AdhKssdts, koh tbd T.\. Hdpkrtadot ni
Ydtdrkos Kiik`rs.
Ikldh w`tb iuturd lbkeedogds, Bdansurd,
@ol. lnot`ouds tn prnv`hd dxldeedold tn `ts h`s-
tr`jutnrs genjkeey. W`tb `olrdks`og hdakoh
no prnhult quke`ty, Bdansurds strnog ako-
kgdadot tdka lnot`ouds tn `apedadot jdst
prklt`lds tbkt bdep w`o lnot`ouke jus`odss
irna `ts lnapdt`tnrs.
ITXTZD NTXENNC - HZ. WKO
Ks Vrds`hdot, Lbk`rako, koh LDN ni
Bdansurd, Hr. Wko nvdrsdds tbd lnapkoystdlbo`lke koh jus`odss strktdgy. Bd `otrn-
huldh koh hdvdenpdh k b`gb quke`ty rkp`h tdst
systdas wb`lb rdvneut`no`zdh tbd @o v`trn
h`kgonst`l (@YH) `ohustry, strktdg`l peko-
o`og `o`t`kt`vd inr tbd nrgko`zkt`no, lrdktdh
k jus`odss hdvdenpadot lueturd, koh inlusdh
no trkhd sbnw koh lnovdot`no nppnrtuo`t`ds.
Tohdr b`s edkhdrsb`p, Bdansurd hrkakt`-
lkeey slkedh `ts `oirkstrulturd koh h`vdrs`i`dh
`ts prnhults niidr`ogs wb`ed ak`otk`o`og k
strnog lueturd ni `oonvkt`no.Hr. Mnbo Wko `s wdee quke`i`dh tn ekuolb
koh nvdrsdd tbd lnapkoys grnwtb koh
sulldss `o tbd akrcdt pekld. Bd bks jddo
`ovnevdh `o tbd grnwtb koh prnspdr`ty ni tbd
`ohustry inr anrd tbko :6 ydkrs. Bd dkrodh
b`s jklbdenr hdgrdd ni Adh`l`od irna Lkp`tke
To`vdrs`ty slbnne ni Adh`l`od, Jd`m`og, bd
lnapedtdh Kodstbds`nengy trk`o`og prngrka
`o Lbknykog Zdh Lrnss Bnsp`tke ni Lkp`tke
To`vdrs`ty, Jd`m`og3 bd wks kesn kpprnvdh jy
Kadr`lko Lneedgd ni Adh`lke Dxka`odrs
ldrt`i`lktdh `o jntb Le`o`lke \l`dold kt ;00
Hnot bneh ynur jrdktb c`h. @ts jedkc nut
tbdrd koh wd bkvd k ;6-ydkr supdr lnaanh-
`ty juee tn wnrc nii tb`s t`ad.
@ tb`oc wbkt uet`aktdey c`eedh tbd rdldot
jnna wks tbd senw rdke`zkt`no jy `ovdstnrs
tbkt anst a`o`og lnapko`ds rdkeey lnuehot
akcd anody. Xbnsd skvvy `ovdstnrs gnt tbd
lnaanh`ty jnna koh gneh pr`ld r`gbt, koh
jnugbt `otn tbd tbds`s tbkt a`o`og lnapk-
o`ds prni`ts wnueh snkr w`tb tbd r`s`og adtke
pr`lds. Xbd sbkrd pr`lds h`h snkr, inr k wb`ed,
jut. . .
@ostdkh ni prni`ts tbdy gnt prnhult`no lnstsr`s`og `o tkohda w`tb adtke pr`lds3 lkpdx
jenwnuts3 lnapko`ds `ssu`og dqu`ty koh tkc-
`og no hdjt wbdodvdr tbdy lnueh tn lnvdr tbd
auet`tuhd ni stup`h klqu`s`t`nos (suppnrtdh
jy huj`nus, jut 8
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A`lrnLkp Zdv`dw Akgkz`od
4;www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
(\bkrd pr`lds Xdlc SjeklcQ, Z`n X`otn SjeudQ koh Gnehlnrp SgnehQ, ;000 tn Muey :6;4)
inr $;,:66 ko nuold jdlkusd `ts dksy tn i`oh.
Wd conw tbkt edg`t`aktd ekrgd h`slnvdr`ds
(adko`og nods tbkt krd prnjkjey dlnona`l)
bkvd hdle`odh s`go`i`lkotey nvdr tbd pkst
;6 ydkrs-- st`ee, tbdrd bkvd jddo sulldssds.
Vrnjeda `s, wbdo ynu sprdkh tbnsd e`a-
`tdh sulldssds nvdr tbd
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4:
A`lrnLkp Zdv`dw Akgkz`od www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
Jut jny, tbkt ;046s urko`ua jnna wks
spdltkluekr. Lbkre`d \tddo c`lcdh `t nii wbdo
bd inuoh tbd A` Y`hk a`od odkr Ankj, Ttkb
`o ;046. Pnur grkohpk wks nut tbdrd rnka-
`og tbd hdsdrt w`tb k lksd ni jddr, k jnx ni
hyoka`td, koh k Gd`gdr lnuotdr stuiidh `otn
tbd jklc ni k Lkh`eekl. Kt tbd bd`gbt ni tbd
urko`ua jnna, tbd \ket Ekcd L`ty pdooy
stnlc dxlbkogd trkhdh anrd sbkrds `o k hky
tbko tbd OP\D. @t wks k prnantdrs hrdka,
koh a`ee`nos wdrd akhd koh enst no ruanrs
koh t`ps irna k sakee-t`ad rkh`n sbnw bnst
koh snad guy `o k h`rty Lkh`eekl.Xbd dkrey ;096s jksd adtke a`o`og jnna
wks ju`et no tbd jklc ni tbd C`hh Lrddc
h`slnvdry `o Notkr`n, koh jrncdo jy Y`nek
AklA`ee`ko koh tbd W`ohikee slka, wb`lb
tnnc tbd sbkrd pr`ld irna $6.49 tn $4.96
koh jklc kgk`o. @o Kustrke`k, tbd 96s a`o-
`og jnna (e`oc) ineenwdh k sbnrt jut sdvdrd
rdldss`no, koh lkad kjnut hud tn k oua-
jdr ni akmnr h`slnvdr`ds (Ckajkehk, Anuot
Odwako). Xb`s jnna lkad lrksb`og hnwo
`o ;076 wbdo Vnsd`hnos o`lcde h`slnvdry,wb`lb bkh tkcdo tbd sbkrd pr`ld irna $6.26
tn $:26, turodh nut tn jd ni a`onr vkeud. @o
jntb lksds, lnoi`hdold `o tbd a`o`og koh
dxpenrkt`no akrcdts wdot tn zdrn, ks h`h
anst ni tbd prdv`nusey b`gbiey`og pdooy
stnlcs. On nod wkotdh koy pkrt ni k e`kr
stkoh`og nvdr k bned `o tbd grnuoh koyanrd.
Xbd lyleds ni jnna koh just `o tbd lna-
anh`ty akrcdts gnds jklc tn kt edkst tbd
Jrnozd Kgd lneekpsd (onw tbkt wks k just),
koh prnjkjey tn tbd sket trkhd `o 9666 JL.
@ts must tbd okturd ni tb`ogs. Z`s`og hdakoh
lkusds r`s`og pr`lds, wb`lb lkusd `olrdksdh
dxpenrkt`no, wb`lb rdsuets `o anrd h`slnvdr-
`ds tbkt gn `otn prnhult`no, lkus`og nvdrsup-
pey koh tbdrdinrd hdle`o`og adtke pr`lds,
wb`lb krd usukeey lnrrdektdh w`tb dlnona`l
rdldss`nos, tbdo hdlrdksdh suppey, wb`lb
dvdotukeey rdsuets `o r`s`og pr`lds (kgk`o).
Xbd skad bnehs trud inr a`o`og sbkrds.
Grddh ineenws idkr koh v`ld vdrsk. Wbdo
dvdrynod wkots `o tbdrd `s on sbnrtkgd niodw pkpdr koh odw stnr`ds, wbdo dvdrynod
wkots nut, stnlcs gn on j`h.
Hdsp`td bnw jkh `t iddes nut tbdrd tnhky,
`t lnueh gdt wnrsd. Adtke pr`lds krd st`ee kt
b`stnr`lkeey b`gb edvdes koh prnhult`no luts
bkvd jddo a`o`ake--sn ikr. Anst a`o`og
lnapko`ds bkvd jddo lbnpp`og tbd`r sus-
tk`o`og lnsts koh bkvd akokgdh tn rdak`o
lksb ienw pns`t`vd, kt edkst kt tbd npdrkt`noke
edvde. Xbd rkp`h hrnp `o dodrgy pr`lds koh
odkr-genjke lurrdoly hdvkeukt`nos aky bkvdskvdh us irna tbd i`oke edg hnwo-- nr must
put tbd `odv`tkjed nii inr k ydkr nr twn. Ks inr
gneh, `t st`ee iklds k pnss`jed pnuoh`og ks (`i)
tbd Idh jdg`os olrdks`og otdrdst rktds-- koh
`ts bkrh tn sdd wbkt lnueh tkcd `t b`gbdr tbkt
bksot kerdkhy bkppdodh.
\n yds, `t lnueh dks`ey gdt wnrsd koh hrkg
no inr snad t`ad. Xbdrd krd st`ee buohrdhs ni
znaj`d muo`nrs tbkt bkvd tn ikhd kwky, koh k
ouajdr ni rdsnurld iuohs st`ee `o e`qu`hkt`no
anhd. Xbdrd krd on lktkeysts no tbd bnr`zno
tn tkcd tbd a`o`og sdltnr b`gbdr3 koh odkrey
dvdrytb`og @ sdd skys a`o`og `s hdkh. @t `s
bkrh tn `akg`od bnw tb`ogs lnueh ennc aulb
wnrsd, wb`lb `s kontbdr wky ni sky`og tb`s `s
bnw tbd jnttna enncs dvdry t`ad, jdinrd `t
dvdotukeeykoh senweygdts jdttdr.
Jut wbdo>
@ hnot conw wbdo3 @ hnot tb`oc koynod
rdkeey hnds. @ts tbd dvdots tbkt lnad nut
ni edit i`deh--tbd jeklc swkos-- tbkt usukeey
sdda tn c`lc tbd rdsnurld sdltnr `otn gdkr,
koh nut. @o ay np`o`no, `t w`ee jd tbd iklt
tbkt wd krd ont i`oh`og donugb adtke tn
rdpekld wbkt wd krd a`o`og tbkt puts tbd
sdltnr jklc `o irnot ni `ovdstnrsjut wbn
conws.
\n kee ynurd rdkeey sky`og Hkh `s tbkt tb`s
bkppdos kee tbd t`ad koh `ts s`apey suppey koh
hdakoh tbkt anvds adtke pr`lds, koh idkr koh
grddh tbd stnlc pr`lds>
Pdkb, @ suppnsd tbkts kjnut `t, irna
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A`lrnLkp Zdv`dw Akgkz`od
4
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48 A`lrnLkp Zdv`dw Akgkz`od www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
IDKXTZDH KZX@LED
ak`otdokold rdqu`rdh tn stky puje`l ks k
sakee A`lrnLkp, dadrg`og grnwtb lnapkoy
`s ont dqu`tkjed koyanrd. KOH PDX! (wk`t
inr `t) tbd \DL koh rdguektnrs bkvd put
tbdsd e`st`og rdqu`rdadots `o pekld `o nrhdr
tn prntdlt `ovdstnrs!
Kyd, tbdrds tbd ruj.
@s tbdrd k a`hhed grnuoh>@o nur anst rdldot v`hdn `otdrv`dw w`tb
Hkv`h Wd`eh, bd h`slussdh b`s tbnugbts no
lrdkt`og k vdoturd dxlbkogd inr sakee, dadrg-
oHKY@H WD@EH @Y
Bnw akoy anrd t`ads hn wd bkvd tn bdkr
`ovdstnrs lnapek`o kjnut e`qu`h`ty> Bnw
akoy anrd t`ads hn wd bkvd tn bdkr kjnut
bnw aulb rdh tkpd `ssudrs bkvd tn nvdrlnad
`o nrhdr tn jdlnad koh ak`otk`o k puje`l
e`st`og> @ovdstnrs krd lekanr`og inr odw koh
`otdrdst`og `hdks, koh ydt, akokgdadot ni
tbdsd lnapko`ds krd rdeultkot tn ennc tn tbdpuje`l akrcdts tn rk`sd lkp`tke, ont jdlkusd
tbdrds on kitdrakrcdt suppnrt hdh`lktdh
tn gdtt`og tbd`r stnr`ds tn rdtk`e, rktbdr, tbd
Krd Odw Dxlbkogds
tbkt Ikvnr A`lrnLkp@ssudrs no tbd Bnr`zno>
W
bkt `i wd wdrd tn stkrt w`tb k jekoc sektd> Inrgdt kjnut
dvdrytb`og tbkt lurrdotey dx`sts `o tbd puje`l akrcdts inr
A`lrnLkp koh dadrg`og grnwtb lnapko`ds.
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A`lrnLkp Zdv`dw Akgkz`od
44www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
`og grnwtb lnapko`ds3 k odw lnostrult tbkt
wnueh, ks bd dxpek`os, de`a`oktd k ent ni tbd
jks`l rdqu`rdadots tbkt bkvd lkusdh tbd lne-
ekpsd `o suppnrt inr A`lrnLkp koh OkonLkp
`ssudrs. Wd tb`oc tbkt `i wd lko jks`lkeey stkrt
w`tb k ledko p`dld ni pkpdr koh lrdktd odw
stnlc dxlbkogds tbkt krd npt`a`zdh krnuoh
tbd oddhs inr sakee-lkp lnapko`ds, wd lko
gdt Kadr`lk jklc `otn jus`odss.
K bugd stktdadot koh uohdrtkc`og jut,
`s tbkt wbkt `t tkcds tn i`x tbd `ssuds tbkt bkvd
jddo kiidlt`og tb`s akrcdt> @hdkeey, tbd eng`l
`s snuoh= lrdktd k ikvnrkjed `oirkstrulturd tn
suppnrt jntb A`lrnLkp koh OkonLkp `ssu-
drs, ks wdee ks, `ovdstnrs idde`og sdlurd tbkt
tbdrd `s prntdlt`vd adksurds `o pekld sn tbd`r
hneekrs krd jd`og put `otn klt`nokjed `hdks,
tbus gdodrkt`og anrd lkp`tke inr `ssudrs tn
lrdktd anrd mnjs, koh akcd k jdttdr Kadr`lk
inr kee. @o tbdnry, dksy, r`gbt> Vdrbkpsjut,
edts ksc Ar. Wd`eh b`asdei tn uohdrstkoh tb`s
lnoldpt anrd.
;. Wby hn ynu bdkr sn nitdo kjnut
e`qu`h`ty prnjedas `o sakee- koh a`lrnlkp
stnlcs> Xbd T\ wdot tn k nod-s`zd-i`ts-kee
akrcdt strulturd tbkt wnrcs noey inr ekrgd
lkp stnlcs tbkt krd okturkeey e`qu`h jut `s k
h`skstdr inr sakee lkp stnlcs tbkt trkhd `o keuapy iksb`no j`g juydr, on sdeedr nr j`g
sdeedr, on juydr. Xbnsd edss e`qu`h stnlcs
oddh akrcdt akcdrs koh tbnsd akrcdt akc-
drs aust jd kjed tn akcd anody. Jklc `o
tbd 76s, 26s koh 06s, tbd T\ @VN akrcdts
wdrd tbd dovy ni tbd rdst ni tbd Wnreh. Wbdo
tbd To`tdh \tktds wdot tn dedltrno`l stnlc
akrcdts (;002) koh dedltrno`l jrncdrkgd
koh ektdr pdooy trkh`og `olrdadots (:66;),
`t lkusdh tbd lneekpsd ni tbd dot`rd dlnsys-
tda ni sakeedr jrncdr hdkedrs tbkt `ovdstnrshdpdohdh no inr sakee lkp rdsdkrlb, skeds
koh akrcdt akc`og suppnrt. Ents ni jkh
tb`ogs bkppdodh=
Xbd ouajdrs ni sakee @VN jnnc ruo-
odrs wdot irna ;9: `o ;008 tn noey
Ydoturd Dxlbkogds
wnueh prnv`hd tbd dssdot`ke dlnona`l `oldo-
t`vds inr Wkee \trddt tn `ovdst `o koh `olrdksd
kitdrakrcdt suppnrt tn `ssudrs. Vdnped hnot
uohdrstkoh jut tbd sakee- koh a`lrn-lkp dqu`-
t`ds jus`odss ensds anody inr anst i`ras `ts
jddo akhd nvdrey dii`l`dot `o tbd sakee- koh
a`lrnlkp akrcdts. Wbdo k jkh `ovdstadotjkoc`og akrcdt nllurs, `ovdstadot jkocs tbkt
krd sdrv`og tbd sakee- koh a`lrnlkp akrcdts
gn nut ni jus`odss. Xb`s `s wbkt bkppdodh
tn Xbnaks Wd`sde Vkrtodrs, Cddid Jruydttd
koh Wnnhs koh ouadrnus ntbdr `ovdstadot
jkocs. Ydoturd Dxlbkogds wnueh jr`og jklc
tbd lr`t`lkeey oddhdh dlnona`l anhde inr Wkee
\trddt i`ras tn lrdktd lkpkl`ty (`oirkstrulturd)
`o `ovdstadot jkoc`og, dqu`ty rdsdkrlb koh
akrcdt akc`og tn suppnrt lnrpnrktd `ssudrs `o
tbd puje`l akrcdts.
Anrd
hdkes lrdktds anrd `ovdstadot nppnrtuo`-
t`ds inr `ovdstnrs. Anrd lkp`tke tn suppnrt
akrcdt akc`og w`ee jr`og jklc e`qu`h`ty koh
tbkt `o turo w`ee bdep kttrklt `ost`tut`noke
anody `otn tbdsd akrcdts. Anrd `ost`tut`no-
ke anody adkos jdttdr pr`lds wb`lb `o turo
hr`vds rdturos. Xbd noey hnwos`hd `s tbk
`ovdstnrs w`ee bkvd b`gbdr trkosklt`no lnsts
wb`lb ni lnursd ikvnrs enog-tdra `ovdstnrs
nvdr sbnrt-tdra trkhdrs. Bnwdvdr, ks @vd
tdst`i`dh `o Lnogrdss, pnnr pdnped hnot bkvd
anody `o tbd akrcdt sn tbdy hdr`vd on jdo
di`t irna enw lnst trkh`og. Xbdy oddh mnjs
Koh, lnosuadrs jdodi`t jrnkhey irna tbd
`olrdksdh lnapdt`t`no (enwdr pr`ld ni gnnhs
koh `oonvkt`no (lbn`ld) tbkt lnads irna
akoy sakeedr lnapko`ds klldss`og puje`l
akrcdts. @t irustrktds ad tn on doh wbdo tbd
Lnosuadr Idhdrkt`no ni Kadr`lks Jkrjkrk
Znpdr lnads nut kgk`ost b`gbdr t`lc s`zds nr
`oldot`vds tn suppnrt sakee- koh a`lrn-lkp
stnlcs jdlkusd sbd rdkeey hndsot uohdrstkoh
tbkt sbd `s burt`og lnosuadrs jrnkhey. Wd
bdepdh tn jr`og jklc tbd j`ntdlb akrcd
tbrnugb tbd MNJ\ Klts Xdst`og tbd Wktdrs
prnv`s`nos. Xbdsd lnapko`ds oddh suppnrt
Kt Wd`eh & Ln. wd krd lurrdotey wnrc`og tn
bdep adh`lke hdv`lds, j`npbkrakldut`lke koh
hrug hde`vdry lnapko`ds lnad tn akrcdt
Pnu tdee ad wbkts anrd `apnrtkot> \kv`og
pdoo`ds `o lnaa`ss`nos nr i`oh`og lurds tn
lkoldr, Kezbd`adrs, h`kjdtds, genjke wkra
`og, koh lrdkt`og mnjs koh tkx rdvdouds tn e`it
c`hs nut ni pnvdrty>
8. Wbkt `s tbd rdekt`nosb`p ni Ydoturd
Dxlbkogds tn tbd keanst ono-dx`stdot @VN
akrcdt> @i tbd kutbnr`z`og edg`sekt`no `s
lrkitdh prnpdrey, Ydoturd Dxlbkogds a`gb
s`oged bkohdhey jr`og jklc tbd ono-dx`stdot
@VN akrcdt. @t lnueh jd tbd anst `apnr
tkot edg`sekt`no tn lnad nut ni tb`s nr koy
ntbdr Lnogrdss. Bnwdvdr, `t wnueh tkcd
t`ad tn tkcd bneh. Ydoturd Dxlbkogds
wnueh oddh tn jd hdvdenpdh, kpprnvdh jy
tbd \DL koh ekuolbdh. Xbdy wnueh oddhtn prnv`hd khdquktd `oldot`vds tn jr`og jklc
tbd lkpkl`ty ni sakeedr `ovdstadot jkocs
tbkt wdot nut ni jus`odss hud tn tbd lneekpsd
`o dlnona`l `oldot`vds. @i wd hn ju`eh jklc
tbd dlnsystda, wd lnueh jd jklc kt 046 @VN
k ydkr wb`lb `s wbkt wd tb`oc k lnuotry
tbd s`zd ni tbd T\ sbnueh jd hn`og no k GHV
khmustdh jks`s vdrsus tbd pketry ;46 @VNs k
ydkr s`old :666.
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A`lrnLkp Zdv`dw Akgkz`od www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
4. Bnw wnueh ynu hdslr`jd tbd kitdrakr-
cdt trkh`og ni stnlcs e`stdh no k Ydoturd
Dxlbkogd> Xbd rdldot hrkit ni tbd Ak`o
\trddt Grnwtb Klt tbkt Lbk`rako \lntt
Gkrrdtt (Z-OM), Lbk`rako ni tbd Bnusd
\ujlnaa`ttdd no Lkp`tke Akrcdts, bks l`r-
luektdh wnueh kadoh tbd \tnlc Dxlbkogd
Klt ni ;0 Xbd sbnrt koswdr `s tbkt
wd wnot conw uot`e Ydoturd Dxlbkogds
krd dstkje`sbdh koh tbd Dxlbkogds i`ed tbd`r
e`st`og rdqu`rdadots w`tb tbd \dlur`t`ds &
Dxlbkogd Lnaa`ss`no (\DL) koh tbnsd e`st-
`og rdqu`rdadots krd kpprnvdh. Ks lurrdotey
hrkitdh, tbd edg`sekt`no wnueh dxdapt lna-
pko`ds irna Jeud \cy i`e`ogs. @ suspdlt tbkt
`i tbkt wdrd tn jd tbd lksd tbdo tbd enw-doh
e`st`og rdqu`rdadots wnueh prnjkjey khnpt
X`dr @@ ni Zdguekt`no K+ irna tbd MNJ\ Klt.
7. Wbkt s tbd rdekt`nosb`p ni lrnwh iuoh-
`og tn vdoturd dxlbkogds> Lrnwhiuoh`og
spdkcs tn tbd akoodr `o wb`lb lkp`tke rk`s-
ds krd lnohultdh inr lnapko`ds. Ydoturd
Dxlbkogds spdkcs tn tbd kitdrakrcdt suppnrt
anhde. @ jde`dvd tbkt wbdo tbd kitdrakr-
cdt wnrcs tn suppnrt sakee- koh a`lrn-
lkp lnapko`ds, i`okol`og w`ohnws stky
npdo enogdr koh anrd lnapko`ds rk`sd
lkp`tke. \n, dvdrytb`og desd jd`og dquke,
Ydoturd Dxlbkogds w`ee bdep hr`vd sdlur`t`ds
Lrnwhiuoh`og.
2. Bnw hn tbd rdguektnrs ennc upno
Ydoturd Dxlbkogds> \DL Lbk`r Akry Mn
Wb`td bks npdoey qudst`nodh Kadr`lks
Nod-s`zd-i`ts-kee stnlc akrcdts. \bd gdts
`t. Kee inur ni tbd ntbdr \DL Lnaa`ss`nodrs
sdda tn uohdrstkoh tbkt lkp`tke inrakt`no `o
tb`s lnuotry oddhs tn jd `aprnvdh. Kee inur
sdda tn jd dajrkl`og tbd `hdk ni Ydoturd
Dxlbkogds. Bnwdvdr, tbdy krd ledkrey lno-
ldrodh kjnut `ovdstnr prntdlt`nos. G`vdo
tbkt tbdrd bks jddo `otdrdst `o tbd T\ \doktd
koh tbd T\ Bnusd ni Zdprdsdotkt`vds, koh
kt tbd \DL, @ suspdlt tbkt snadtb`og w`ee
gdt hnod. Xbd rdke qudst`no `s Wbkt> koh
Wbdo> Ay jdt `s tbkt wd wnot sdd akmnredg`sekt`no uot`e kitdr tbd Vrds`hdot`ke dedl-
t`no sn tb`s `s ont `aa`odot.
0. W`ee tbdrd jd ks akoy Ydoturd
Dxlbkogds ks tbdrd krd lrnwh iuoh`og pekt-
inras> @ bkvd jddo jnwedh nvdr jy tbd oua-
jdr ni Lrnwhiuoh`og pektinras tbkt bkvd
sprnutdh koh tbd wky tbd Lrnwhiuoh`og
lnaauo`ty sddas tn bkvd khnptdh Zdg. K+
ks tbd odw wky tn Lrnwhiuoh`og ni sdlur`-
t`ds s`old tbkt wks odvdr tbd `otdot tbd`otdot wks tn lrdktd k edss lnstey wky inr k
lnapkoy tn @VN. @vd jddo buajedh jy tbd
ouajdr ni pdnped tbkt e`tdrkeey bkvd lnad
up tn ad kt lnoidrdolds koh tbkocdh ad
inr tbd`r mnj. @ suspdlt bnwdvdr, tbkt tbd
prnldss inr kpprnvke ni k Ydoturd Dxlbkogd
kt tbd \DL aky jd anrd str`ogdot tbko k
Lrnwhiuoh`og pektinra. @i tbkt turos nut
tn jd lnrrdlt, b`gbdr lnsts koh rdguektnry
rdv`dw w`ee lrdktd k jkrr`dr tn dotry. Ks k
rdsuet, snad ni tbd jdttdr Ydoturd Dxlbkogds
krd e`cdey tn jd ekuolbdh jy dstkje`sbdh koh
wdee-lkp`tke`zdh Wkee \trddt i`ras, kssua`og
tbdy krd pdra`ttdh.
;6. Wbkt krd ynur lnoldros rdgkrh`og
Ydoturd Dxlbkogds> Xb`s `s pntdot`keey tbd
s`oged anst `apnrtkot p`dld ni prn-grnwtb
edg`sekt`no tbkt lko jd pkssdh jy tb`s nr koy
Lnogrdss. Wd bkvd tn gdt t r`gbt. Xbd iuturd
ni `oonvkt`no, T.\. dlnona`l edkhdrsb`p koh
mnj grnwtb hdpdohs no `t.
;;. Wd bdkr Wd`eh & Ln., wb`lb ynu
inuohdh ekst ydkr, `s stkrt`og tn gdt snad
juzz w`tb lnrpnrktd `ssudrs koh ntbdr
`ovdstadot jkocs. Xdee us wbkts gn`og no.
Wd sdrvd tbd oddhs ni lnrpnrktd `ssudrs koh
ntbdr `ovdstadot jkocs. Wd bkvd k jdttdr
kpprnklb tn bdep lnapko`ds rdklb k jrnkhdr
rkogd ni enog-tdra `ost`tut`noke `ovdstnrs
koh wd bdep lnrpnrktd `ssudrs kttrklt tbd
suppnrt ni ntbdr Wkee \trddt i`ras. Wd krd
lurrdotey dogkgdh w`tb lnrpnrkt`nos no pr`-
vktd pekldadots ni prd-@VN lnapko ds koh
A&K khv`snry, wb`ed wd krd rdwr`t`og tbd
jnnc no puje`l akrcdts koh bnw tn wnrc
w`tb Wkee \trddt tn hr`vd jdttdr rdsuets inr nurlnrpnrktd le`dots.
Hkv`h Wd`eh `s tbd Iktbdr ni tbd MNJ\ Klt tbd
Klt tbkt lrdktdh dvdrytb`og irna tbd odw lktdgnry ni
Dadrg`og Grnwtb @ssudr tn dqu`ty lrnwhiuoh`og
tbrnugb Zdguekt`no K+ koh gdodrke sne`l`tkt`no.
K inradr v`ld lbk`rako ni OK\HK[ koh bdkh ni
Dqu`ty Lkp`tke Akrcdts kt k akmnr Wkee \trddt i`ra,
Wd`eh inuohdh Wd`eh & Ln. tn jr`og lkp`tke rk`s`og
sdrv`lds koh kitdrakrcdt suppnrt tn puje`l lnapk-
o`ds tbkt `s lurrdotey eklc`og jut tbkt `ssudrs hdspdr-
ktdey oddh. Wd`eh koh b`s lnapkoy krd rdlngo`zdh ks
tbd edkh`og khvnlktds inr lnrpnrkt`nos, lkp`tke inrak-
t`no, `oonvkt`no koh mnj grnwtb. Bd bks spncdo kt
tbd G-:6, tbd NDLH koh s k rdguekr jdinrd Lnogrdsskoh tbd \DL. Wbkt `s edss wdee conwo s tbkt Hkv`h
`s kesn tbd Iktbdr ni tbd uplna`og \DL p`ent tn
`olrdksd t`lc s`zds (tbd sakeedst olrdadot tbkt stnlcs
lko jd quntdh `o) koh tbd rdldot anvd tn lrdktd k
odw typd ni stnlc dxlbkogd inlusdh no tbd oddhs ni
sakee- koh a`lrn-lkp `ssudrs. o
@ jde`dvd tbkt wbdo tbd kitdrakrcdt wnrcs tn
suppnrt sakee- koh a`lrnlkp lnapko`ds, i`okol`og
w`ohnws stky npdo enogdr koh anrd lnapko`ds
rk`sd lkp`tke.
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47www.stnlcodwsonw.lna www.soow`rd.lna www.A`lrnLkpZdv`dw.lna
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IDKXTZDH KZX@LED
gdodrkt`no ni A`lrnLkp `ovdstnrs tn bdep
tbda hdvdenp k sulldssiue `ovdst`og strktdgy.
Ay i`rst gudst no tbd pnhlkst wks @ko Lkssde,Inuohdr ni tbd A`lrnLkpLeuj.lna, koh @
wkotdh tn sbkrd ko dxldrpt irna nur tkec
rdgkrh`og akokgdadot.
oZNJDZX CZKIX
\dksnodh `ovdstnrs, ont must A`lrnLkp `ovds-
tnrs, w`ee kee kgrdd, tkec`og w`tb akokgdadot,
bkv`og k rdekt`nosb`p w`tb tbd LDN, `s ko`apnrtkot pkrt ni tbd hud h`e`gdold prnldss.
@ rdldotey ekuolbdh tbd Vekodt A`lrnLkp
Vnhlkst w`tb tbd gnke ni dhulkt`og tbd odxt
@apnrtkold ni Grdkt
Akokgdadot `o kA`lrnLkp LnapkoyDxldrpt irna tbd Vekodt A`lrnLkp Vnhlkst
Dp`snhd ; @ko Lkssde, A`lrnLkpLeuj= \n