Dragos Georgescu

Founded by Greg McClenon and Steve Allen, Sierra Tech Research is an independent research firm located in San Jose, California. Sierra Tech provides unbiased investment advice based on extensive long-standing relationships with over 100 people, throughout Silicon Valley. The firm offers insight into business trends in semiconductors used in networking, graphics, analog, testers and PCs. Analysts have extensive experience in engineering, applications, marketing and sales in Silicon Valley from which follows a detailed understanding of the space, the latest products and technology trends. Although Sierra Tech publishes research under the banner of Capstone Investments, the consultation product is distributed verbally. By using verbal communication, they control the distribution of their product and investment advice, eliminating the unauthorized forwarding of information. The service provided to the institution is SEC 28(e) eligible. Sierra Tech Research associated personnel are registered representatives of CapStone Investments, member NASD/SIPC.

Founded by Michael Vanderhoof and Eric Richardson, Cambria Capital LLC is an independent, full service securities brokerage, registered investment advisor and investment banking firm located in El Segundo, California with additional offices in San Francisco and Salt Lake City, Utah. The firm provides an array of trading and execution services for their clients who include domestic and international individuals, institutions, corporations and their executives. Cambria does not provide any internal research. The firm's clearing agent is Omaha, Nebraska-based Legent Clearing. Cambria's securities brokerage firm is registered with the SEC, the SIPC and FINRA. Cambria's Investment Banking Group specializes in raising capital for companies with market-caps of $25 million to $500 million. The firm assists clients with structuring and implementing various financial and strategic solutions that are designed to assist companies across all stages of the corporate lifecycle. Cambria focuses on providing high quality services, customized solutions and in-depth market knowledge to emerging growth and middle-market businesses. The firm has extensive experience advising and financing firms of all sizes throughout the

Founded in 1995, Capstone Investments is a broker/dealer headquartered in San Diego, California with an additional office in Milwaukee, Wisconsin. The firm provides a full range of institutional services including, investment banking, research, deal origination and capital introduction services. They provide fundamental research and investment opinions to their clients primarily on small- to mid-cap companies.

Polestar Investment Research LLC is a value-driven, independent, sell-side research firm located in San Jose, California. Polestar takes a value-driven approach to sell-side research. They recommend equity investments to mutual funds, institutional investors and hedge funds. The firm creates long-term growth by investing in growing companies for the long term. They strive to generate positive alpha as opposed to typical market strategies based upon meeting or slightly outperforming market returns. Polestar employs a contrarian stock-picking approach involving locating companies with solid business models which they feel are undervalued due to short-term or medium-term uncertainties. About 70% of their recommendations are of undiscovered companies or franchises where the market assigns cheap to reasonable valuations. These stocks are usually recommended hold periods of one to two years or longer. The other 30% of Polestar's recommendations involve turnaround situations. This includes companies where mistakes in management execution may have caused the stock to drop, but catalysts and management actions indicate the situation will soon improve. Recommended hold periods for these situations are generally six months or longer. Polestar researches approximately 80 to 90 companies a year across a range of market caps and industry sectors, both domestically and internationally. Market caps of their recommendations range from $1 billion to $5 billion. Polestar employs discounted cash-flow models to determine a company's market value. They pick approximately 10 to 12 of the companies per year to issue research reports on and to recommend to clients. Most picks involve launching companies with strong business models that have declining stock prices due to some controversy, missed earnings or a change in business model.

Founded in 1988 by Jim Collins, Insight Capital Research & Management, Inc. a registered investment advisor located in Walnut Creek, California. The firm provides asset management services to institutional and high net-worth investors.

Insight Wealth Strategies LLC (IWS) is an independent, SEC-registered investment adviser and wealth management firm headquartered in San Ramon, California. The firm was founded by David N. Chazin in 2002. IWS provides investment advisory services to high-net worth individuals and other types of clients.