Lehrer Financial & Economic Advisory Services (“LFEAS”) is a fee-only, charged on an hourly or specific fee project basis, financial, valuation and economic advisory firm. The firm was founded in 1982 and has operated since that time in Houston, Harris County, Texas. The principal owner, Managing Director, and Chief Compliance Officer is Dr. Kenneth Eugene Lehrer. LFEAS specializes in many areas of financial and economic advisory services, including - Institutional Real Estate, Economics, Finance, Damage and Medical Analyses, Banking, Business, ESOP and Non Public Business, Medical and Intellectual Property Valuations and Corporate Finance. The company both prepares institutional economic / finance reports, feasibility analysis, corporate business plans and provides litigation support in the areas of - economics, real estate, banking, valuations, class actions and finance. Advisory services may involve advice on income, cash flow management, retirement, business valuations, estate planning, investments, tax saving strategies, and risk management. Investment advisory consultations can be general in nature or focus on particular areas of interest, depending on the client’s needs. Advice and/or recommendations will be based upon information provided by the client, which the advisor will deem to be reliable. Advice and/or services may be limited in scope. The advice given may include the recommendation of annual reviews/updates and it is the Client's responsibility to initiate additional services as may be needed. LFEAS does NOT have any client assets under management, does NOT have trading authority over any client funds and does NOT hold any client funds under their control or administration. The LFEAS financial and economic advisory program includes the following: Institutional Real Estate Consulting: Dr. Lehrer, the firm’s Managing Director holds a Doctorate in Urban Economics (1980) from New York University ("NYU") and taught Real Estate Finance at the University of Houston, Graduate School of Business Administration from the late 1980's to 2002). Dr. Lehrer utilizes his significant education and well as his prior career background in institutional real estate to supply institutional real estate reports, analysis and studies to pension funds and other tax

exempt organizations in regard to their real estate investments, alternatives and strategies. Pension Consultant: LFEAS provides advice to Plan Sponsors with respect to the design, implementation and maintenance of pension and profit sharing plans. Business Valuations - Business / Public and Non Public Company / ESOP: Reports are prepared on a flat fee basis depending upon the size / nature of the organization being valued. For a solo medical practice the flat fee is $5,000 and for a group of physicians the fee is negotiated. Other valuation reports range from ($15,000 - $35,000) and are structured for the business owners to utilize for loans, estate or gift tax purposes or corporate planning. The fee includes five (5) original copies of the report. Feasibility Studies and Fairness Opinions – Studies center around the question if a merger / acquisition and / or project is both equitable to all parties and will be absorbed into the ongoing overall business community. In addition, the analysis examines if the new or proposed project will yield a positive cash flow to its owners. These reports are almost always prepared on a flat fee basis and are structured for the business owner to use the report's output with a financial institution to obtain the necessary financing for their proposed project. The fee includes multiple originals in order for the client / developer to work with several financial institutions at the same time. Litigation Support – Studies here are prepared for Attorneys and Law Firms on an hourly basis, and range from small personal injury reports ($2,500) to larger and more complex “Daubert” studies that are usually associated with significant business and institutional corporate litigation wherein the fees charged can range into tens of thousands of dollars, based upon a business litigation rate of $300, per hour. The fee includes multiple originals to the Law Firm. Business Plan Presentations – Reports are usually prepared on a flat fee basis and are structured for the business owner to obtain the necessary financing they are seeking in order to either launch their company and/or enable it to grow. The fee includes fifteen (15) original copies in order for the company to spread their word to a significant number of people at the same time.