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investment companies. The average and median marketability discounts indicated by his analysis were 35.6% and 33.0%, respectively. • Maher Study". Maher's study reviewed restricted stock transactions from 1969 to 1973. The mean discount for these years was 35.4% and the median was 33.3%. • Trout Stu

20 2011 Guideline Company Ratios Ratios Min Max Motorola Mobility Iloldinm. Inc. Koss Corp. Nokia Corporation GN Store Nord Research In Pinninin" Inc" Motion Limited Neinar Inc LogItteb International SA Ticker Fiscal year end Revenue CAGRs. 3.Year MM1 December 31 KOSS June 30 NOKI

investment companies. The average and median marketability discounts indicated by his analysis were 35.6% and 33.0%, respectively. • Maher Study". Maher's study reviewed restricted stock transactions from 1969 to 1973. The mean discount for these years was 35.4% and the median was 33.3%. • Trout Stu

20 2011 Guideline Company Ratios Ratios Min Max Motorola Mobility Iloldinm. Inc. Koss Corp. Nokia Corporation GN Store Nord Research In Pinninin" Inc" Motion Limited Neinar Inc LogItteb International SA Ticker Fiscal year end Revenue CAGRs. 3.Year MM1 December 31 KOSS June 30 NOKI

investment companies. The average and median marketability discounts indicated by his analysis were 35.6% and 33.0%, respectively. • Maher Study". Maher's study reviewed restricted stock transactions from 1969 to 1973. The mean discount for these years was 35.4% and the median was 33.3%. • Trout Stu

20 2011 Guideline Company Ratios Ratios Min Max Motorola Mobility Iloldinm. Inc. Koss Corp. Nokia Corporation GN Store Nord Research In Pinninin" Inc" Motion Limited Neinar Inc LogItteb International SA Ticker Fiscal year end Revenue CAGRs. 3.Year MM1 December 31 KOSS June 30 NOKI