Exhibit 107

 

CALCULATION OF REGISTRATION FEE

 

Title of Each Class of Securities to be Registered  Number of
shares of
common
stock to be
registered
(1)		   Proposed
Maximum
Offering
price Per
Share		   Proposed
Maximum
Aggregate
Offering
Price		   Amount of
Registration
Fee
(2)		 
Ordinary Shares, no par value per share   5,000,000   $0.1   $500,000   $46.35 
                     
Total   5,000,000   $0.1    500,000    46.36 

 

(1) Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), there are also being registered hereby an additional indeterminate number of ordinary shares of the Registrant’s, no par value (the “Shares”) as may become issuable to the selling stockholder as a result of stock splits, stock dividends and similar transactions, and, in any such event, the number of shares registered hereby shall be automatically increased to cover the additional shares.

 

(2) Estimated in accordance with Rule 457(c) under the Securities Act solely for the purpose of calculating the registration fee.