Samir B. Shah

Tejas Securities Group, Inc. is a wholly-owned subsidiary and a primary business operating unit of Tejas, Inc. (OTC BB: TEJS). Headquartered in Austin, Texas, Tejas is a registered broker/dealer offering full-service brokerage and investment banking services. They were founded in 1994. The firm's core services include: proprietary research on distressed debt, emerging growth equities and special situation securities, trading and other brokerage services to value-based institutional and retail investors active in fixed-income and equity instruments and corporate finance and strategic advisory services to middle-market companies within the target industries. Tejas offers a broad product offering specializing in yield-oriented and value securities. Their product offering includes, equities, corporate bonds, bank debt issued by distressed companies, MBS, ABS, government and government agency securities, municipal securities, options and mutual funds. The research group analyzes many industries including the wireless and wire-line telecommunications, cable, satellite, transportation, energy and municipal securities sectors. Tejas is a member of the NASD and the SIPC.

Nomura Securities International, Inc. (NSI) is a registered broker/dealer headquartered in New York City and was founded in 1969. The firm is a division of Nomura Holding America, Inc. and their ultimate parent is Nomura Holdings, Inc. (NYSE: NMR, TYO: 8604, AMS: 8604). NSI provides securities brokerage services, as well as asset management, domestic retail, global markets, global investment banking and global merchant banking services. The firm's fixed-income business consists of bond sales and trading, origination and product supply for securitization deals and real estate-focused asset finance operations (in cooperation with Investment Banking). In the equity markets, NSI offers sales and trading of domestic and foreign stocks on a global basis, primarily for institutional investors.

Cantor Fitzgerald & Co. is the investment bank and brokerage subsidiary of CFS CF & Co. I Holdings LP, which is owned by Cantor Fitzgerald LP in the US. The firm was founded by Bernie Gerald Cantor and John Fitzgerald in 1945. Headquartered in New York City, Cantor Fitzgerald offers clients a global, multi-asset prime brokerage platform with a focus on the quality middle market.

Founded in 1993, Amherst Securities Group LP is an SEC-registered broker/dealer headquartered in Austin, Texas. The firm is a subsidiary of Amherst Pierpont Securities LLC. Amherst Securities is a leading dealer and market maker in mortgage-backed securities, agency securities and select fixed-income investments. The firm focuses on mortgage-related investments for institutional customers including large federal agencies, private asset managers and mid-size depositories. Amherst Securities provides an array of trading and execution services for their clients. They do not provide any internal research.

MF Global, Inc. is an investment advisor located in New York City. The firm is a subsidiary of MF Global Holdings Ltd. (NYSE: MF). They provide a variety of services and support for institutions, corporations, government entities, introducing brokers and other industry professionals and individual investors and traders.