Magnis global provides investment banking services, equity research, and institutional equity sales and trading to our corporate and institutional clients worldwide. by leveraging our network, the capital markets group drives its execution capabilities and services its clients across diversified asset classes. the hallmark of our expertise is predicated upon: the experience, integrity and character of our team of professionals our strategic alliances with globally competitive international partners our focus on value added ideas our foresight, commitment, dedication and desire to succeed. site: www.magnis-global.com 0744262116

1. economics establishes that changes in the supply and demand relationship determine the future direction of prices in any well-regulated free market, regardless of asset class. 2. behavioral finance provides strong evidence that the hard wiring of the human brain is poorly suited to modern financial markets, causing investors to make poor decisions based on basic instincts (safety in numbers, fear of heights, loss aversion, “pride and regret, etc.)... and hence the value of contrarian analysis. we believe that our disciplined approach to evaluating and monitoring these indicators is crucial to keeping our investors on the right side of the market and determining which categories are likely to outperform. site: www.kentor-management.com 0744262116

Magnis global is a full service investment broker dealer. magnis global provides innovative ideas, service and solutions to international corporate clients and institutional investors focused on the world markets. we are focused on the financial requirements of small-cap to mid-cap companies, as well as international companies who want access to capital in the worlds markets. site: www.magnis-global.com 0744262116

The asset management expertise of kentor asset management has been built up over many years. our investment strategies unite tradition and innovation. sophisticated processes with a long-term horizon and a conservative slant centre on continuity and discipline. above all, we are geared to the needs of our clients. our methodology is decidedly different from that of most money management firms, who tend to utilize fairly static portfolio theory asset allocation models combined with fairly active stock picking strategies based on bottom-up fundamental analysis and/or technical analysis. we believe that our clients are better served by a top-down, big-picture approach designed to keep them fully invested in a semi-passive well-diversified portfolio of etfs, taking defensive measures to protect capital only during relatively rare periods of significant downside volatility (bear markets). site: www.kentor-management.com 0744262116

The asset management expertise of kentor asset management has been built up over many years. Our investment strategies unite tradition and innovation. Sophisticated processes with a long-term horizon and a conservative slant centre on continuity and discipline. Above all, we are geared to the needs of our clients. Our methodology is decidedly different from that of most money management firms, who tend to utilize fairly static “portfolio theory” asset allocation models combined with fairly active stock picking strategies based on “bottom-up” fundamental analysis and/or technical analysis. We believe that our clients are better served by a top -down, big -picture approach designed to keep them fully invested in a semi-passive well- diversified portfolio of etfs, taking defensive measures to protect capital only during relatively rare periods of significant downside volatility (bear markets). Tel 0744262116 www.kentor-management.com

Magnis global is a full service investment broker dealer. magnis global provides innovative ideas, service and solutions to international corporate clients and institutional investors focused on the world markets. We are focused on the financial requirements of small- cap to mid- cap companies, as well as international companies who want access to capital in the worlds markets. Tel 0744.262.116 www.magnis-global.com

our mission is to help our clients fulfill their life’s most important values by achieving their financial goals. we are a financial planning and investment advisory firm headquartered in tokyo, japan. the firm specializes in providing fee-only financial planning services and investment advice to individuals and families. kentor asset management’s advisors work solely for their clients site: www.kentor-management.com 0744262116

Magnis global - brokerage services magnis global offers institutional investors superior research coverage, trade execution, and market intelligence on our differentiated research-driven equity products. we seek to provide our clients access to growth-oriented equity offerings and post-financing research and trading support in our financings. through our china office, we provide our corporate clients with access to institutional investors throughout europe. to compliment our institutional coverage, we work closely with our retail division to increase the distribution and raise the profile of the companies we cover amongst the retail network across the world. our equity-trading teams reputation is built on strong industry relationships and their excellence in trade execution. the team has the ability to execute trades on all major stock exchanges and to address challenges which may face small and mid-capitalization companies whose stocks could have liquidity concerns. our team has the capability to capture market intelligence which allows them to identify the most effective method to fill and execute single and block trades. we draw on our talented teams of professionals to provide innovative solutions for clients to help them achieve their strategic goals. our investment bankers have a distinct ability to listen, but more importantly, a commitment to understand. our corporate finance professionals deliver merger and acquisition and capital raising advisory services with specialized sector experience. magnis globals public finance department manages municipal debt offerings, participates in underwriting syndicates, and provides advisory services to issuers. our institutional equity sales & trading professionals work closely with research to provide our buy-side clients with niche-oriented ideas, timely and superior service, and quality execution. we invite you to learn more and discover how our personal approach to serving the needs corporations and institutions can benefit you. site : www.magnis-global.com 0744262116

Magnis global - market research in response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest ions of these companies in our market. our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team. we focus on the following eleven industry groups: business and professional services capital goods & construction materials consumer staples energy financials healthcare & special situations media, telecommunications & technology metals reits specialty finance technology magnis globals experienced team of research analysts believes that direct contact with management is essential for gauging a companies long-term potential. in light of this, our research analysts visit companies regularly to inspect their facilities and meet with senior managers. the better we know a company, the more confident we are in recommending its stock. while our research staff specializes in providing objective, timely research on over 190 local, regional, and sector-focused companies, our analysts are always anxious to identify and listen to sound investment ideas, regardless of the location of the company (view coverage list). in addition to in-house research, magnis global uses several nationally recognized research firms to provide us with investment information for larger national and international companies. tel 0744262116 www.magnis-global.com

Magnis global - market research in response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest ions of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team. we focus on the following eleven industry groups: Business and professional services Capital goods & construction materials Consumer staples energy financials healthcare & special situations media, telecommunications & technology metals reits specialty finance technology magnis globals experienced team of research analysts believes that direct contact with management is essential for gauging a companies long-term potential. In light of this, our research analysts visit companies regularly to inspect their facilities and meet with senior managers. The better we know a company, the more confident we are in recommending its stock. While our research staff specializes in providing objective, timely research on over 190 local, regional, and sector-focused companies, our analysts are always anxious to identify and listen to sound investment ideas, regardless of the location of the company (view coverage list). In addition to in-house research, magnis global uses several nationally recognized research firms to provide us with investment information for larger national and international companies. Tel 0744262116 www.magnis-global.com