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A LD's LT Story Sketch

Here's a conceptual drawing I came across online a few years ago when Larry Doyle was producing new theatrical Looney Tunes cartoons.I can't remember where I saw this, but I assume from Matthew Hunter's interview with Larry Doyle back in 2003, this would be a story sketch belonging to the unfinished "Deep Sea Bugs".
http://toolooney.goldenagecartoons.com/doyle.htm