From: Evan Wax czl To: Evan Wax czl Bcc: Subject: Wax Asset Management Q I 2012 Letter Date: Thu, 12 Apr 2012 18:43:12 +0000 Attachments: W.A.M._QI_2012.pdf Dear Clients and Friends, Attached to this email please find our first quarter of 2012 review. I look forward to hearing your comments and answering any questions you may have. Sincerely, Evan Evan Wax Portfolio Manager Wax Asset Management EFTA00415625