On December 23, 2009, the Commissioner issued an Order to Cease and Desist (“Order”), Notice of Intent to Fine and Notice of Right to Hearing against Royal Burgundy International, Inc. (“Respondent”) (collectively “Notice”), which Notice is attached hereto and incorporated by reference herein;

The Order provided that it would remain in effect and become permanent against Respondent if a hearing was not requested within 14 days of its receipt;

On December 28, 2009, the Notice was sent by certified mail, return receipt requested, to Respondent (Certified Mail No. 7008 1140 0002 4974 3435);

On January 12, 2010, the Notice was returned to the Department of Banking marked “Return to Sender – Undeliverable As Addressed – Unable to Forward”;

On January 14, 2010, the Notice was served on the Commissioner, and on January 14, 2010, in accordance with Section 36b-62(f) of the General Statutes of Connecticut, Notice of Service on the Banking Commissioner, dated January 14, 2010 (“Notice of Service”), was sent by registered mail, return receipt requested, to Respondent (Registered Mail No. RB027869563US);

Respondent has failed to request a hearing on the matters set forth in the Order within 14 days of the date of the Notice of Service; and

On January 29, 2010, the Order issued against Respondent became permanent.