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median discounts from the restricted stock studies. SUMMARY OF RESTRICTED STOCK STUDIES [SEC Studies (non-reporting OTC companies [Gelman Study [Moroney Study $Maher Study [Trout Study [Standard Research Consultants Study [Silber Study [Management Planning, Inc. Study [FMV Study [Hertzel - Smith Stud
ma 14A673 14.631.5 144014 15.1105 Gab Inta Immeg 1145921 (3.079.51 02441 11.147.3) Cale Mtn branatu C.155.91 1997.51 (12214/ 11.744.0) Otimmama .1 Amain 2.2593 25111 2.2363 2.174.3 Cape) I' troialut, bbnexis 1121221 1761.01 (9103/ 191751 44681 tuna A.M. 1553.992 1572119 5524613
median discounts from the restricted stock studies. SUMMARY OF RESTRICTED STOCK STUDIES [SEC Studies (non-reporting OTC companies [Gelman Study [Moroney Study $Maher Study [Trout Study [Standard Research Consultants Study [Silber Study [Management Planning, Inc. Study [FMV Study [Hertzel - Smith Stud
ma 14A673 14.631.5 144014 15.1105 Gab Inta Immeg 1145921 (3.079.51 02441 11.147.3) Cale Mtn branatu C.155.91 1997.51 (12214/ 11.744.0) Otimmama .1 Amain 2.2593 25111 2.2363 2.174.3 Cape) I' troialut, bbnexis 1121221 1761.01 (9103/ 191751 44681 tuna A.M. 1553.992 1572119 5524613
median discounts from the restricted stock studies. SUMMARY OF RESTRICTED STOCK STUDIES [SEC Studies (non-reporting OTC companies [Gelman Study [Moroney Study $Maher Study [Trout Study [Standard Research Consultants Study [Silber Study [Management Planning, Inc. Study [FMV Study [Hertzel - Smith Stud
ma 14A673 14.631.5 144014 15.1105 Gab Inta Immeg 1145921 (3.079.51 02441 11.147.3) Cale Mtn branatu C.155.91 1997.51 (12214/ 11.744.0) Otimmama .1 Amain 2.2593 25111 2.2363 2.174.3 Cape) I' troialut, bbnexis 1121221 1761.01 (9103/ 191751 44681 tuna A.M. 1553.992 1572119 5524613
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