Caractacus C. Burke, president and CEO of Borgin and Burkes Antiques, Inc., affirmed in an affidavit that:
1) The corporation was incorporated in 2012 and acquired by Burke in 2015 but has not commenced operations due to a slump in the antiques industry.
2) The stockholders and directors are contemplating reviving operations when conditions improve.
3) The affidavit was executed to attest to these circumstances and comply with SEC reporting requirements.
Caractacus C. Burke, president and CEO of Borgin and Burkes Antiques, Inc., affirmed in an affidavit that:
1) The corporation was incorporated in 2012 and acquired by Burke in 2015 but has not commenced operations due to a slump in the antiques industry.
2) The stockholders and directors are contemplating reviving operations when conditions improve.
3) The affidavit was executed to attest to these circumstances and comply with SEC reporting requirements.
Caractacus C. Burke, president and CEO of Borgin and Burkes Antiques, Inc., affirmed in an affidavit that:
1) The corporation was incorporated in 2012 and acquired by Burke in 2015 but has not commenced operations due to a slump in the antiques industry.
2) The stockholders and directors are contemplating reviving operations when conditions improve.
3) The affidavit was executed to attest to these circumstances and comply with SEC reporting requirements.
Caractacus C. Burke, president and CEO of Borgin and Burkes Antiques, Inc., affirmed in an affidavit that:
1) The corporation was incorporated in 2012 and acquired by Burke in 2015 but has not commenced operations due to a slump in the antiques industry.
2) The stockholders and directors are contemplating reviving operations when conditions improve.
3) The affidavit was executed to attest to these circumstances and comply with SEC reporting requirements.
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REPUBLIC OF THE PHILIPPINES}
DONE: IN THE CITY OF BAGUIO } S.S.
x ------------------------------------------- x
AFFIDAVIT OF NON-OPERATION OF BUSINESS
I, CARACTACUS C. BURKE, single, of legal age, Filipino
citizen, and a resident of #13 Holy Ghost, Baguio City, Philippines, after having been duly sworn to in accordance with law, do hereby depose and state:
1. That I am the President and Chief Executive Officer of Borgin
and Burkes Antiques, Inc., a corporation duly organized and existing under the laws of the Philippines, with principal office at 13B Knockturn Alley, Baguio City, Philippines;
2. That said corporation was incorporated on June 14, 2012 and
acquired by the undersigned with the purchase of its corporate property in the above address sometime in July 2015;
3. That the same corporation has not yet commenced its
operations in view of the slump in the antiques industry in the country;
4. That the stockholders and directors of the corporation are
contemplating on reviving its operations in the near future when the opportune time comes;
5. That this affidavit is being executed in order to attest to the truth
of the foregoing circumstances and for the purpose of complying with the reportorial requirements of the Securities and Exchange Commission.
IN WITNESS WHEREOF, I have hereunto set my hand this 30TH
day of July 2019, in the City of Baguio, Philippines.
_____________________________ CARACTACUS C. BURKE Affiant
SUBSCRIBED AND SWORN to before me, in the City of
Baguio this 30TH day of July 2019, by CARACTACUS C. BURKE who has satisfactorily proven his identity through THOMAS MARVOLO S. RIDDLE, who is personally known to me and who personally knows the principal, that he is the same person who executed and personally signed the foregoing affidavit before me and acknowledged that he executed the same.