Ongoing Royal Bank of Redmont

RiggoSoft

RiggoSoft

Citizen
Oakridge Resident
6th Anniversary Change Maker
RiggoSoft
RiggoSoft
Attorney
Joined
Aug 21, 2025
Messages
372
Username: RiggoSoft

Registered name of the company: Royal Bank of Redmont

Name of the in-game company: RoyalBankOfRedmont

Directors of the Incorporated Entity:
RiggoSoft
vac1
AboundedComet
Maxib02
Sam07x

Officers of the Incorporated Entity and their title:
RiggoSoft - Chief Executive Officer (CEO)
Wayne_Kerr12 - Chief Financial Officer (CFO)

Share or member register:
Class A shares
Redmontian Riggo Family Wealth Fund - 670
Sam07x - 230
Royal Bank of Redmont (Treasury Stock) - 100

Class B shares
Redmontian Riggo Family Wealth Fund - 17,500
Royal Bank of Redmont (Treasury Stock) - 4,250
AboundedComet - 5,000
vac1 - 11,250
Maxib02 - 5,000
Sam07x - 2,000
Wayne_Kerr12 - 5,000

Any ongoing court cases:
none

Any ongoing enforcement actions:
none

Latest version of the formation instrument:
File(s) attached
 

Attachments

Last edited:
For the hiring of our CFO

Ownership Change
Class B Shares
Royal Bank of Redmont (Treasury Stock): 12,500 -> 10,000
Wayne_Kerr12: 0 -> 2,500

Officer Change
CFO: Wayne_Kerr12
 
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Hey RiggoSoft,

I've reviewed the docket for ROYAL BANK OF REDMONT. There are several items that need to be addressed before I can sign off.

⚠ ACTION REQUIRED

1. Officers Field - Outdated
Your Incorporated Entity Summary has not been updated to reflect the CFO appointment recorded in post #2. Per the Legal Entity Act Part III), the summary must always reflect current officers. Please update the Officers field to read:

RiggoSoft - Chief Executive Officer (CEO)
Wayne_Kerr12 - Chief Financial Officer (CFO)

2. Share Register - Outdated
Your share register in the first post has not been updated to reflect the Class B share transfer to Wayne_Kerr12 recorded in post #2. Per the Legal Entity Act Part IV, the share register must be updated within 48 hours of any transfer. Please update the Class B section to read:

Class B shares:
RiggoSoft - 17,500
AboundedComet - 5,000
Ilatteralus - 5,000
vac1 - 5,000
Maxib02 - 5,000
Wayne_Kerr12 - 2,500
Royal Bank of Redmont (Treasury Stock) - 10,000

3. Formation Instrument - Certificate of Incorporation Required
The document currently attached is a Shareholder Agreement. Per the Legal Entity Act Part IV , a Corporation must have a Certificate of Incorporation as its formation instrument. A shareholder agreement alone does not satisfy this requirement. Please file a proper Certificate of Incorporation.

✔ Once all three items are addressed, your docket will be fully compliant and ready for sign-off.

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Sorry that is our COI, I just named it our shareholder agreement. And we will edit it
xXTheoryXx said:
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Hey RiggoSoft,

I've reviewed the docket for ROYAL BANK OF REDMONT. There are several items that need to be addressed before I can sign off.

⚠ ACTION REQUIRED

1. Officers Field - Outdated
Your Incorporated Entity Summary has not been updated to reflect the CFO appointment recorded in post #2. Per the Legal Entity Act Part III), the summary must always reflect current officers. Please update the Officers field to read:

RiggoSoft - Chief Executive Officer (CEO)
Wayne_Kerr12 - Chief Financial Officer (CFO)

2. Share Register - Outdated
Your share register in the first post has not been updated to reflect the Class B share transfer to Wayne_Kerr12 recorded in post #2. Per the Legal Entity Act Part IV, the share register must be updated within 48 hours of any transfer. Please update the Class B section to read:

Class B shares:
RiggoSoft - 17,500
AboundedComet - 5,000
Ilatteralus - 5,000
vac1 - 5,000
Maxib02 - 5,000
Wayne_Kerr12 - 2,500
Royal Bank of Redmont (Treasury Stock) - 10,000

3. Formation Instrument - Certificate of Incorporation Required
The document currently attached is a Shareholder Agreement. Per the Legal Entity Act Part IV , a Corporation must have a Certificate of Incorporation as its formation instrument. A shareholder agreement alone does not satisfy this requirement. Please file a proper Certificate of Incorporation.

✔ Once all three items are addressed, your docket will be fully compliant and ready for sign-off.

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Click to expand...
 
Added Amendment to COI
Passed both board and shareholder (Class A) vote.

Amended Section 4.5
"4.5 Chairman of Board. The board members will elect a chairman to serve for one month and then may be reelected by his fellow board members. The chairman is allowed a veto on all board decisions except the following: removal of the chairman (assuming that 66% of the board has served on the board for a period equal to or longer than 1 month), limiting the chairman’s veto powers, term limits, and election requirements for the position. Additionally the chairman also possesses the power of 1 vote on all board decisions."

New COI attached
 

Attachments

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Hey @RiggoSoft ,

Thank you for the updates. Items 1 and 3 from my previous review have been resolved. One item remains outstanding, and a new compliance issue has been identified.

⚠ ACTION REQUIRED

1. Share Register - Class B Treasury Stock Not Updated
The Class B share register in post #1 still shows Royal Bank of Redmont (Treasury Stock) at 10,500 shares. Per the transfer recorded in post #2, this must read 10,000. Please update post #1 to reflect the following:

Class B shares:
RiggoSoft - 17,500
AboundedComet - 5,000
Ilatteralus - 5,000
vac1 - 5,000
Maxib02 - 5,000
Wayne_Kerr12 - 2,500
Royal Bank of Redmont (Treasury Stock) - 10,000

2. COI Amendment Filing - Before/After Versions Required
Post #5 records an amendment to Section 4.5 of the COI. Per the Legal Entity Act Part III, Section 1(8)(a)(i), any amendment to the formation instrument must be filed in the Company Docket containing both the version before and after the amendment. Post #5 only includes the amended text. Please file a supplementary post with the original Section 4.5 text alongside the new version.

✔ Once both items are addressed, your docket will be fully compliant and ready for sign-off.

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xXTheoryXx said:
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Hey @RiggoSoft ,

Thank you for the updates. Items 1 and 3 from my previous review have been resolved. One item remains outstanding, and a new compliance issue has been identified.

⚠ ACTION REQUIRED

1. Share Register - Class B Treasury Stock Not Updated
The Class B share register in post #1 still shows Royal Bank of Redmont (Treasury Stock) at 10,500 shares. Per the transfer recorded in post #2, this must read 10,000. Please update post #1 to reflect the following:

Class B shares:
RiggoSoft - 17,500
AboundedComet - 5,000
Ilatteralus - 5,000
vac1 - 5,000
Maxib02 - 5,000
Wayne_Kerr12 - 2,500
Royal Bank of Redmont (Treasury Stock) - 10,000

2. COI Amendment Filing - Before/After Versions Required
Post #5 records an amendment to Section 4.5 of the COI. Per the Legal Entity Act Part III, Section 1(8)(a)(i), any amendment to the formation instrument must be filed in the Company Docket containing both the version before and after the amendment. Post #5 only includes the amended text. Please file a supplementary post with the original Section 4.5 text alongside the new version.

✔ Once both items are addressed, your docket will be fully compliant and ready for sign-off.

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Click to expand...
Fixed and will do the second part
 
New amendment for 4.5

Old Text
4.5 Chairman of Board. The board members will elect a chairman to serve for one month, the chairman is allowed to veto board decisions and is entitled to one vote if the board is tied on a decision.

New Text
4.5 Chairman of Board. The board members will elect a chairman to serve for one month and then may be reelected by his fellow board members. The chairman is allowed a veto on all board decisions except the following: removal of the chairman (assuming that 66% of the board has served on the board for a period equal to or longer than 1 month), limiting the chairman’s veto powers, term limits, and election requirements for the position. Additionally the chairman also possesses the power of 1 vote on all board decisions.
 

Attachments

Ownership Change
Class B Shares
Royal Bank of Redmont (Treasury Stock): 10,000 -> 1,250
Wayne_Kerr12: 2,500 -> 5,000
vac1: 5,000 -> 11,250

Royal Bank of Redmont: 1,250-> 6,250
Illateralus: 5,000 -> 0
Bank has repossessed their shares after they did not make their needed contribution to the banks firm.

Board Changes
Ilatteralus - Resiged

New Board
RiggoSoft
vac1
AboundedComet
Maxib02
Ilatteralus

Main message will be updated with new changes
 
Ownership Change
Class B Shares

Royal Bank of Redmont: 6,250 -> 4,250
Sam07x: 0 -> 2,000
Bank has repossessed their shares after they did not make their needed contribution to the banks firm.

Board Changes
Sam07x - Hired

New Board
RiggoSoft
vac1
AboundedComet
Maxib02
Sam07x

Main message will be updated with new changes
 
Ownership Change
Class A Shares
RiggoSoft 670 -> 0
Redmontian Riggo Family Wealth Fund (RRFWF) 0 -> 670

Class B Shares
RiggoSoft 17500 -> 0
RRFWF 0 -> 17500

Docket will be updated
 
Ownership Change
RiggoSoft - 670 class a -> 0
trappgod67 - 0 -> 670 class a
RiggoSoft - 17500 class b -> 0
trappgod67 - 0 -> 17500 class b
 
Over the past month since incorporation RBR has sold some Class A and Class B shares to obtain capital that will later serve the bank in terms of revenue. Management has been laying the groundwork for the infrastructure of the banking system that RBR customers will be able to utilize for their banking needs. In compliance with the FRB; RBR is committed to the 30% deposits being available in the bank at any given time. There has been some major changes to the management structure with the departure of chairman and CEO RiggoSoft, and new external investment from Trapgod67 who now owns majority of the voting shares will likely appoint a new Chairman and CEO.

4/20/2026, Signed:

RBR Signature.png
 

Attachments

Ownership Change:
trappgod67 - 670 class A -> 0
Wayne_Kerr12 - 0 -> 670 class A
trappgod67 - 17500 class B -> 0
Wayne_Kerr12 - 5000 -> 22500 class B

New Executive Appointments:
Sam07x to CEO
AlexTrysMine to CTO

New Board Appointments
Sam07x to Chairman of the board leaving a director to assume chairman role from Trappgod67
Wayne_Kerr12 to assume open director seat

Registered name of the company: Royal Bank of Redmont

Name of the in-game company: RoyalBankOfRedmont
Will be transferred to Wayne_Kerr12 to manage capital as CFO of the bank

Directors of the Incorporated Entity:
RiggoSoft
vac1
AboundedComet
Maxib02
Sam07x

Officers of the Incorporated Entity and their title:
Sam07x - Chief Executive Officer (CEO)
Wayne_Kerr12 - Chief Financial Officer (CFO)
AlexTrysMine - Chief Technology Officer (CTO)

Board Members:
Sam07x - Chairman
vac1 - Director
AboundedComet - Director
Maxib02 - Director
Wayne_Kerr12 - Director

Share or member register:
Class A shares (1,000 Total Shares)
Wayne_Kerr12 - 670
Sam07x - 230
Royal Bank of Redmont (Treasury Stock) - 100

Class B shares (50,000 Total Shares)
Wayne_Kerr12 - 22,500
vac1 - 11,250
AboundedComet - 5,000
Maxib02 - 5,000
Sam07x - 2,000
Royal Bank of Redmont (Treasury Stock) - 4,250

Any ongoing court cases:
none

Any ongoing enforcement actions:
none

RBR Signature.png
 
Ownership Change:
Wayne_Kerr12 - 22500 -> 12500 class B
Sam07x - 2000 -> 12000

Registered name of the company: Royal Bank of Redmont

Name of the in-game company: RoyalBankOfRedmont

Officers of the Incorporated Entity and their title:
Sam07x - Chief Executive Officer (CEO)
Wayne_Kerr12 - Chief Financial Officer (CFO)
AlexTrysMine - Chief Technology Officer (CTO)

Board Members:
Sam07x - Chairman
vac1 - Director
AboundedComet - Director
Maxib02 - Director
Wayne_Kerr12 - Director

Share or member register:
Class A shares (1,000 Total Shares)
Wayne_Kerr12 - 670
Sam07x - 230
Royal Bank of Redmont (Treasury Stock) - 100

Class B shares (50,000 Total Shares)
Wayne_Kerr12 - 12,500
Sam07x - 12,000
vac1 - 11,250
AboundedComet - 5,000
Maxib02 - 5,000
Royal Bank of Redmont (Treasury Stock) - 4,250

Any ongoing court cases:
none

Any ongoing enforcement actions:
none

Signed May 6th, 2026
RBR Signature.png
 
Ownership Change:
Maxib02 - 5000 -> 3000 Class B
RBR Treasury - 4,250 -> 7250 Class B
Class B Reverse Stock Split (5:1)
- 50,000 Class B Shares becomes 10,000 Class B Shares
Class B shares (10,000 Total Shares)
Wayne_Kerr12 - 2,500
Sam07x - 2,400
vac1 - 2,250
AboundedComet - 1,000
Maxib02 - 600
Royal Bank of Redmont (Treasury Stock) - 1,250

Registered name of the company: Royal Bank of Redmont

Name of the in-game company: RoyalBankOfRedmont

Officers of the Incorporated Entity and their title:
Sam07x - Chief Executive Officer (CEO)
Wayne_Kerr12 - Chief Financial Officer (CFO)
AlexTrysMine - Chief Technology Officer (CTO)

Board Members:
Sam07x - Chairman
vac1 - Director
AboundedComet - Director
Maxib02 - Director
Wayne_Kerr12 - Director

Share or member register:
Class A shares (1,000 Total Shares)
Wayne_Kerr12 - 670
Sam07x - 230
Royal Bank of Redmont (Treasury Stock) - 100

Class B shares (10,000 Total Shares)
Wayne_Kerr12 - 2,500
Sam07x - 2,400
vac1 - 2,250
AboundedComet - 1,000
Maxib02 - 600
Royal Bank of Redmont (Treasury Stock) - 1,250

Any ongoing court cases:
none

Any ongoing enforcement actions:
none

Signed June 3rd, 2026
RBR Signature.png
 
Wayne_Kerr12 said:
Ownership Change:
Maxib02 - 5000 -> 3000 Class B
RBR Treasury - 4,250 -> 7250 Class B
Class B Reverse Stock Split (5:1)
- 50,000 Class B Shares becomes 10,000 Class B Shares
Class B shares (10,000 Total Shares)
Wayne_Kerr12 - 2,500
Sam07x - 2,400
vac1 - 2,250
AboundedComet - 1,000
Maxib02 - 600
Royal Bank of Redmont (Treasury Stock) - 1,250

Registered name of the company: Royal Bank of Redmont

Name of the in-game company: RoyalBankOfRedmont

Officers of the Incorporated Entity and their title:
Sam07x - Chief Executive Officer (CEO)
Wayne_Kerr12 - Chief Financial Officer (CFO)
AlexTrysMine - Chief Technology Officer (CTO)

Board Members:
Sam07x - Chairman
vac1 - Director
AboundedComet - Director
Maxib02 - Director
Wayne_Kerr12 - Director

Share or member register:
Class A shares (1,000 Total Shares)
Wayne_Kerr12 - 670
Sam07x - 230
Royal Bank of Redmont (Treasury Stock) - 100

Class B shares (10,000 Total Shares)
Wayne_Kerr12 - 2,500
Sam07x - 2,400
vac1 - 2,250
AboundedComet - 1,000
Maxib02 - 600
Royal Bank of Redmont (Treasury Stock) - 1,250

Any ongoing court cases:
none

Any ongoing enforcement actions:
none

Signed June 3rd, 2026
View attachment 84566
Click to expand...
Hi @Wayne_Kerr12 ,

Above, you had updated the share register, conducting a 5:1 Reverse Stock Split for Class B shares, reducing the total Class B pool from 50,000 shares to 10,000 shares. Also above, there have been substantial changes in company ownership. While the distribution of the split among the shareholders was documented, the transaction, as presented in the docket, omits the statutorily required procedures under the Legal Entity Act. Legal Entity Act Part III, Section 1(8)(a)(i) requires that any amendment to the formation instrument must be filed in the Company Docket containing both the version of the document before and after the amendment. A reverse stock split alters the number of authorised shares and the par value of that share class. Both of these are core requirements of a Certificate of Incorporation as per Legal Entity Act Part IV, Section 1(2)(e), and are contained in Section 2 "Capitalization & Shares" of the provided Certificate of Incorporation. You updated the text of the share register with the above post, however, both the share register in the original Company Docket post, and the Certificate of Incorporation need to be updated, and you will need to provide an amendment filing showing the updated Certificate of Incorporation with the before and after states of the instrument. As the original Company Docket post is owned by RiggoSoft, we can change the ownership of the post to you, provided you respond to this post.

Furthermore, there is an absence of the shareholder class vote. Legal Entity Act, Section 2(4)(a) and (b) states that holders of outstanding shares of a class are entitled to vote as a class upon a proposed amendment that seeks to decrease the aggregate number of authorised shares or change the par value of that class. Under Legal Entity Act Part IV, Section 2(4)(a), decreasing the aggregate number of authorised shares of a class requires a majority vote of the outstanding shares of that class. Please file the shareholder resolution or vote record showing that a majority of Class B shareholders approved this reverse split.

Thank you,
EATB
Deputy Secretary of Commerce.
 
Ownership Change:
Brzzzes - 0 -> 1000 Class B
RBR Treasury - 1,250 -> 250 Class B

Registered name of the company: Royal Bank of Redmont

Name of the in-game company: RoyalBankOfRedmont

Officers of the Incorporated Entity and their title:
Sam07x - Chief Executive Officer (CEO)
Wayne_Kerr12 - Chief Financial Officer (CFO)
AlexTrysMine - Chief Technology Officer (CTO)

Board Members:
Sam07x - Chairman
vac1 - Director
AboundedComet - Director
Maxib02 - Director
Wayne_Kerr12 - Director

Share or member register:
Class A shares (1,000 Total Shares)
Wayne_Kerr12 - 670
Sam07x - 230
Royal Bank of Redmont (Treasury Stock) - 100

Class B shares (10,000 Total Shares)
Wayne_Kerr12 - 2,500
Sam07x - 2,400
vac1 - 2,250
Brzzzes - 1000
AboundedComet - 1,000
Maxib02 - 600
Royal Bank of Redmont (Treasury Stock) - 250

Any ongoing court cases:
none

Any ongoing enforcement actions:
none

Signed June 15th, 2026
RBR Signature.png
 
This is an official DOC enforcement notice. RoyalBankOfRedmont have missed filings for their last 4 reports (March, April, May, and June). The July report is due by end of day.

Per BITA Part IV Section 22(1) and (2), late filings cause RoyalBankOfRedmont to be liable for a penalty of $2.500 per day for their first missed report, and $5.000 per day for repeat failure. At time of writing RoyalBankOfRedmont are liable for $307.500 in late filing penalties as seen from the attachment (calculated from BITA's passage in April).

The DOC is willing to provide RoyalBankOfRedmont a cure period of 7 days, with the possibility of extension given a valid reason. If not cured or no response has been received in 7 days, the department will consider escalating FIEA enforcement, such as freeze orders, receivership and referral to the DOJ for criminal prosecution.
1788103803235.png
 
I apologize for the slow reporting. Business has just been slow and I have been running everything by hand :/, I know I should definitely evolve from pen and notebook... but I am old school, and it has just been a matter of time to digitize it all.

Signed August 30th, 2026:
RBR Signature.png
 

Attachments

Wayne_Kerr12 said:
I apologize for the slow reporting. Business has just been slow and I have been running everything by hand :/, I know I should definitely evolve from pen and notebook... but I am old school, and it has just been a matter of time to digitize it all.

Signed August 30th, 2026:
View attachment 97574
Click to expand...
Please submit this as a report on the Financial Institution Reporting sub forum. You must file a different report for each missed reporting period. Please date the reports as the 1st day of the reporting period. Thank you!
 
Registered name: Royal Bank of Redmont
Register number: DOC-CO-0002
Entity form: corporation
In-game company: RoyalBankOfRedmont
Nature of business: A commercial bank in the jurisdiction of the commonwealth of Redmont
Directors: RiggoSoft (CEO), vac1 (Director), AboundedComet (Director), Maxib02 (Director), Sam07x (Director), Wayne_Kerr12 (CFO)
Share classes: A (1,000 authorised, par R$1.00); B (50,000 authorised, par R$0.01)
Share register: Redmontian Riggo Family Wealth Fund: 670 A, Sam07x: 230 A, Redmontian Riggo Family Wealth Fund: 17,500 B, Royal Bank of Redmont: 4,250 B, AboundedComet: 5,000 B, vac1: 11,250 B, Maxib02: 5,000 B, Sam07x: 2,000 B, Wayne_Kerr12: 5,000 B

This thread mirrors the official Company Docket. The authoritative record is the DOC portal: DOC-CO-0002 · Company Register · DOC Redmont
Docket entries are posted below as they are filed (RCEA s15(3): the docket is append-only and permanent).

Continued under RCEA s85 from the pre-portal record: https://www.democracycraft.net/threads/35939/
 
Continued under RCEA s85: Royal Bank of Redmont (DOC-CO-0002)
certificate record · filed by edwardcul1en

This entity existed under the repealed Legal Entity Act and continues under the RCEA as a corporation (s85(1)). Its original filings remain valid (s85(4)); the pre-portal record is the Company Docket thread: https://www.democracycraft.net/threads/35939/

PROFILE INCOMPLETE: the entity must complete its registers via the DOC portal (s85(5), s17).
 
There has been a bunch of changes in the last couple of months, our CTO has been inactive/ not part of the business at all. They were initially brought in to help develop some Banking architecture which never happened. Due to their lack of involvement they have been let go affective immediately. Brzzzes was also given treasury stock when they were brought in as director and legal consulting, as they have been inactive and due to their lack of involvement they did not meet the minimum requirements to keep these class B shares and they have been returned to the treasury. With the departure of Sam07x from the server, RBR is committed to keeping its operations alive and will be seeking new players to fill in for less active members. Legal consultation is a priority and will be searching for someone competent to fill the role of CLO. At this time RBR management not wish to relieve Sam of his CEO title, however as majority holder of Class A shares Wayne_Kerr12 votes to appoint themselves to chairman of the board.

TLDR:
- CTO let go due to them no longer being needed, this is a C-Suite decision that does not need a vote from the board.
- Legal consultation from director Brzzzes lacks follow through on their duties exchanged for treasury stock, so their Class B share issuance has been reversed. Brzzzes can reach out to me personally and we can come to a fair settlement in the event they feel they have been unfairly treated, however I have no evidence of any work completed in exchange for shares.
- Wayne_Kerr12 appointed to chairman of the board

Ownership Change:
Brzzzes - 1000 -> 0 Class B
RBR Treasury - 250 -> 1250 Class B
AboundedComet - 1000 -> 0 Class B
Maxib02 - 600 -> 500 Class B
Wayne_Kerr12 - 2500 -> 3600 Class B

Registered name of the company: Royal Bank of Redmont

Name of the in-game company: RoyalBankOfRedmont

Officers of the Incorporated Entity and their title:
Sam07x - Chief Executive Officer (CEO)
Wayne_Kerr12 - Chief Financial Officer (CFO)
AlexTrysMine - Chief Technology Officer (CTO)

Board Members:
Wayne_Kerr12 - Director Chairman
Sam07x - Chairman Director
vac1 - Director
Brzzzes - Director
Maxib02 - Director

Share or member register:
Class A shares (1,000 Total Shares)
Wayne_Kerr12 - 670
Sam07x - 230
Royal Bank of Redmont (Treasury Stock) - 100

Class B shares (10,000 Total Shares)
Wayne_Kerr12 - 3,600
Sam07x - 2,400
vac1 - 2,250
Maxib02 -500
Royal Bank of Redmont (Treasury Stock) - 1250

Any ongoing court cases:
none

Any ongoing enforcement actions:
none

Signed September 30th, 2026
RBR Signature.png
 
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