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Form 8806 for Rhythm North America Corp.

Name and address of the reporting corporation:

Rhythm North America Corp.
41800 W, Eleven Mile Road, Suite 105
Novi, MI 48375-1818

Date of transaction:

04-01-06

Description of the transaction

Each outstanding share of Common stock of Rhythm North America Corporation (the reporting corporation) converted into the right to receive 20 shares of the Common stock of Big Bend Technology Inc. (the acquiring corporation).

Did the reporting corporation’s shareholders receive any stock or other property in exchange for their stock in  the reporting corporation, for which the reporting corporation has reasonably determined that the shareholders are required to recognize gain (if any).from the exchange of such stock?

yes

Fair market value of the stock or other property received

$300,000

Description of the stock or other property received

The total common stock of Big Bend Technology Inc. received by Rhythm North America is 6,000 shares (20 x 300) as of April 1, 2006, which held by Rhythm Corporation in Japan.  The fair market value is $50 per share of the common stock of Big Bend Technology Inc. as April 1, 2006.

Page Last Reviewed or Updated: 04-Nov-2015