James Poe and Senior Retirement Planners, LLC v. Eduardo S. Espinosa in His Capacity as Receiver of Retirement Value, LLC

ACCEPTED 03-14-00518-CV 6061835 THIRD COURT OF APPEALS AUSTIN, TEXAS 7/14/2015 3:04:58 PM JEFFREY D. KYLE CLERK 03-14-00518-CV IN THE COURT OF APPEALS FILED IN 3rd COURT OF APPEALS FOR THE THIRD DISTRICT OF TEXAS AUSTIN, TEXAS AT AUSTIN 7/14/2015 3:04:58 PM JEFFREY D. KYLE Clerk JAMES POE AND SENIOR RETIREMENT PLANNERS, LLC APPELLANTS v. EDUARDO S. ESPINOSA, IN HIS CAPACITY AS RECEIVER OF RETIREMENT VALUE, LLC APPELLEE Appeal from 200th Judicial District Court of Travis County, Texas (Hon. Gisela D. Triana, Presiding) APPELLEE’S BRIEF Respectfully submitted, George, Brothers, Kincaid & Horton, L.L.P John W. Thomas State Bar No. 19856425 114 W Seventh, Suite 1100 Austin, TX 78701-3015 Telephone: (512) 495-1400 Facsimile: (512) 499-0094 jthomas@gbkh.com ATTORNEYS FOR APPELLEE APPELLEE REQUESTS ORAL ARGUMENT  TABLE OF CONTENTS Page INDEX OF AUTHORITIES……………………………………………………………………………iii STATEMENT REGARDING ORAL ARGUMENT…………………………………………… xi STATEMENT OF FACTS……………………………………………………………………………….1 RV Misrepresented the Potential Risks and Returns …………………….. 3 RV Misused Premium Reserves …………………………………………………….. 8 RV’s Model Would Not Work ……………………………………………………….. 10 SUMMARY OF THE ARGUMENT……………………………………………………………… 11 ARGUMENT……………………………………………………………………………………………..12 ISSUE 1: SETTLEMENT CREDITS……………………………………………………..12 1. Standard of Review……………………………………………………12 2. Argument…………………………………………………………………..13 ISSUE 2: OBJECTIONS TO AFFIDAVITS………………………………………….. 22 1. Espinosa’s July 29, 2011 Affidavit………………………………22 2. Espinosa’s May 1, 2013 Affidavit………………………………. 27 3. Burchett’s May 1, 2013 Affidavit……………………………... 27 4. No Reversible Error …………………………………………………..30 ISSUE 3: THERE WERE NO FACT ISSUES……………………………………….. 31 ii  1. §24.005(a)(1)……………………………………………………………31 2. §24.005(a)(2)(A) & (B)……………………………………………….42 3. §24.006(a)……………………………………………………………….. 47 4. The Receivers Standing …………………………………………….55 PRAYER……………………………………………………………………………………………….……61 CERTIFICATE OF COMPLIANCE………………………………………………………………. 62 CERTIFICATE OF SERVICE…………………………………………………………………………62 APPELLEE’S APPENDIX………………………………………………………………………………63 iii  INDEX OF AUTHORITIES Cases Pages Akin, Gump, Strauss, Hauer and Feld, LLP v. E-Court, Inc., 2003 WL 21025030 (Tex.App.—Austin 2003, no pet.) ...................... 15, 59 Anderson v. Snider, 808 S.W.2d 54 (Tex. 1991) ...................................................................... 30 BAC Home Loans Servicing, LP v. Texas Realty Holdings, LLC, 2010 WL 3522981 (S.D. Tex. 2010) .......................................................... 36 Bowman v. El Paso CGP Co., 431 S.W.3d 781 (Tex. App – Houston (14th Dist.) 2014, pet. denied) ............................................................................................ 51 B.T. Healthcare, Inc. v. Honeycutt 196 S.W.3d 296 (Tex.App. – Amarillo 2006, no pet.) .............................. 20 Burnett v. Chase Oil & Gas, Inc., 700 S.W.2d 737 (Tex. App. 1985, no writ) .............................................. 38 City of Harlingen v. Estate of Sharboneau, 48 S.W.3d 177 (Tex. 2001) ...................................................................... 58 Cobalt Multifamily Investors I, LLC v. Arden, 2012 WL 3838834 (S.D.N.Y. 2012), adopted, 2012 WL 3835400 (S.D.N.Y. 2012) .................................................... 36, 41 Cotton v. Republic Nat’l Bank of Dallas, 395 S.W.2d 930 (Tex.Civ.App. —Dallas 1965, writ ref’d n.r.e.) ...............59 Cristus Helath v. Dorriety, 345 S.W.3d 104 (Tex.App. – Houston [14th Dist.] 2011, pet denied) .......15 Crown Life Ins. Co. v. Casteel, 22 S.W.3d 378, 391 (Tex. 2000) ........................................................ 17, 20 iv CTTI Priesmeyer, Inc. v. K&O Ltd. P'ship, 164 S.W.3d 675 (Tex. App.–Austin 2005, no pet.)................................... 17 Donell v. Kowell, 533 F.3d 762 (9th Cir. 2008) ................................................................... 45 Duran v. Henderson, 71 S.W.3d 833 (Tex. App.—Texarkana 2002, pet. denied) ......................39 Engelkes v. Farmers Co-op. Co., 194 F. Supp. 319 (N.D. Iowa 1961).......................................................... 53 English Freight co. v. Knox, 180 S.W.2d 633 (Tex.Civ.App. – Austin 1944, writ ref’d w.o.m.) .............59 Farmers Bank of Clinton, Mo. v. Julian, 383 F.2d 314 (8th Cir. 1967), cert. denied, 389 U.S. 1021 (1967) ............52 Field v. AIM Management Group, Inc., 845 S.W.2d 469, 472 (Tex. App.-Houston [14th Dist.] 1993, no pet.) .......60 Frees v. Baker, 81 Tex. 216, 16 S.W. 900, 901 (1891) ..................................................... 38 Glenn H. McCarthy, Inc. v. Knox, 186 S.W.2d 832 (Tex. Civ. App. – Galveston 1945, writ ref’d) .................59 Guardian Consumer Fin. Corp. V. Langdeau, 329 S.W.2d 926 (Tex.Civ.App.-Austin 1959, no wit) .......................... 58, 59 Gordon v. Dadante, 2010 WL 4137289 (N.D.Ohio 2010) ........................................................ 41 Hays v. Adams, 512 F. Supp. 2d 1330 (N.D. Ga. 2007) ..................................................... 41 v In re Bayou Grp., LLC, 439 B.R. 284 (S.D.N.Y. 2010) ............................................................. 39, 50 In re Bell & Beckwith, 64 B.R. 620 (Bankr. N.D. Ohio 1986) ....................................................... 34 In re Brentwood Lexford Partners, LLC, 292 B.R. 255 (Bankr. N.D. Tex. 2003) ................................................ 51, 52 In re Canyon Sys. Corp., 343 B.R. 615 (Bankr. S.D. Ohio 2006) ...................................................... 45 In Re Cowin, 492 B.R. 858 (Bkrtcy. S.D. Tex. 2013) ...................................................... 36 In re Dillard Dept. Stores, Inc., 181 S.W.3d 370 (Tex.App.-El Paso 2005, no pet.), citing, DeWoody v. Rippley, 951 S.W.2d 935 (Tex.App.-Fort Worth 1997, writ dism'd by agr.) ....................................................................... 60 In re IFS Financial Corp., Bkrtcy.S.D.Tex.2009, 417 B.R. 419, subsequently affirmed 669 F.3d 255 (Also mentions; In re IFS Financial Corp., 669 F.3d 255, 265 (5th Cir. 2012))...................................................... 36, 41 In re Imagine Fulfillment Servs., LLC, 2014 WL 3867531 (B.A.P. 9th Cir. Aug. 6, 2014) ..................................... 56 In re Indep. Clearing House Co., 77 B.R. 843 (D. Utah 1987) ..................................................................... 37 In re Merry-Go-Round Enterprises, Inc., 229 B.R. 337 (Bankr. D. Md. 1999) .................................................... 51, 56 In re Nat'l Consumer Mortgage, LLC, 2013 WL 164247 (D. Nev. Jan. 14, 2013) ................................................ 38 vi In re ORBCOMM Global, L.P., 2003 WL 21362192 (Bankr. D. Del. June 12, 2003) ................................. 56 In re Pioneer Home Builders, Inc., 147 B.R. 889 (Bankr. W.D. Tex. 1992) ..................................................... 52 In re Princeton-New York Investors, Inc., 255 B.R. 376 (Bkrtcy. D. N.J. 2000).......................................................... 52 In re Ramirez, 2011 WL 30973 (Bankr. S.D. Tex. Jan. 5, 2011) ....................................... 40 In re Ramirez Rodriguez, 209 B.R. 424 (Bankr.S.D.Tex.1997) ......................................................... 47 In re Rodriguez, 204 B.R. 510, 514 (Bankr. S.D. Tex. 1995), subsequently aff'd, 95 F.3d 54 (5th Cir. 1996) ....................................................................... 27 In re Trans Texas Gas Corp., 597 F.3d 298 (5th Cir. 2010) ................................................................... 46 In re Trans World Airlines, Inc., 134 F.3d 188, (3d Cir. 1998).................................................................... 56 Jackson Law Office, P.C. v. Chappell, 37 S.W.3d 15 (Tex.App.-Tyler 2000, pet. denied).................................... 53 Janvey v. Alguire, 846 F.Supp.2d 662 (N.D. Tex. 2011) .................................................. 32, 41 Janvey v. Alguire, 647 F.3d 585 (5th Cir. 2011) .............................................................. 34, 41 Klein v. Patterson, 2013 WL 3776266 (D.Utah 2013)............................................................ 41 vii LJ Charter, LLC v. Air America Jet Charter, Inc., 2009 WL 4794242 (Tex.App. – Houston [14th Dist.] 2009 pet. denied) ............................................................................. 12, 17 Matter of Lamar Haddox Contractor, Inc., 40 F.3d 118 (5th Cir. 1994) ..................................................................... 52 Metal Bldg. Components, LP v. Raley, 2007 WL 74316 ...................................................................................... 12 Miller v. Argumaniz, 2015 WL 595468 (Tex.App. – El Paso 2015, mot. for Extension of time to file pet. granted) .................................................... 23 MultiFamily Investors I, LLC v. Lisa Arden, 2010 WL 3791040 *3 (S.D.N.Y. 2010), adopted, 2010 WL 3790915 (S.D.N.Y. Sept. 28, 2010) ........................................... 41 Natural Gas Pipeline Co. of American v. Justiss, 397 S.W.3d 150 (Tex. 2012) .................................................................... 24 Osbourne v. Jaugegi, Inc., 252 S.W. 3d 70 (Tex.App.—Austin 2008, no pet.) ................................... 19 Ramsey v. Spray, 2009 WL 5064539 (Tex.App. – Fort Worth 2009, pet. denied) ................12 Reid Rd. Mun. Util. Dist. No. 2 v. Speedy Stop Food Stores, Ltd., 337 S.W.3d 846, 852-53 (Tex. 2011) ....................................................... 22 Reservoir Sys., Inc. v. TGS-NOPEC Geophysical Co., L.P. 335 W.w.3d 297 (Tex.App. – Houston 14th Dist.] 2010, pet. denied ................................................................................... 16 Shaw v. Borchers, 46 S.W.2d 967 (Tex. Comm’ App. 1932, judgm’t adopted) ....................59 viii Scheck Investments, L.P. v. Kensington Management, Inc., 2009 WL 1916501 (S.D.Fla. 2009) ........................................................... 42 Scholes v. African enterprise, Inc., 838 F.Supp. 349 (N.D. Ill. 1993) .............................................................. 36 S.E.C. v. Antar, 120 F. Supp. 2d 431, 443 (D.N.J. 2000) aff'd, 44 F. App'x 548 (3d Cir. 2002) ................................................................. 40 S.E.C. v. Cook, 2001 WL 256172 (N.D. Tex. 2001) .......................................................... 41 SEC v. Mutual Benefits Corp., 408 F.3d 737 (11th Cir. 2005) (Also mentions; Mutual Benefits, 408 F.3d at 738) SEC Trust of Austin v. Lipscomb County, 180 S.W.2d 151 (Tex. 1944) .................................................................... 59 Sherrod v. City Nat. Bank of Wichita Falls, 294 S.W. 295, (Tex. Civ. App. – Amarillo 1927, writ ref’d)....................... 38 Sierad v. Barnett, 164 S.W.3d 471 (Tex. App. 2005)............................................................ 22 Texas Capital Sec., Inc. v. Sandefer, 108 S.W.3d 923, 926 (Tex. App.—Texarkana 2003, pet. denied) ............12 Trans World Airlines, Inc., v. Travellers International AG (In re Trans World Airlines), 180 B.R. 389, 423–24 (Bankr.D.Del.1994)......................55 Utts v. Short, 2004 WL 635342 (Tex. App. – Austin 2004, pet. denied) ....................... 12 Walker v. Anderson, 232 S.W.3d 899 (Tex.App. – Dallas 2007, no pet.) .................................. 34 ix Warfield v. Byron, 436 F.3d 551 (5th Cir. 2006) .................................................................... 46 Weslaco Federation of Teachers v. Texas Educ. Agency, 27 S.W.3d 258 (Tex. App.-Austin 2000, no pet.) ..................................... 60 Whatley v. Lindeman, Inc., 2005 WL 291469 (Tex. App. – San Antonio 2005, pet. denied) ...............13 Wheeler v. American Nat. Bank of Beaumont, 162 Tex. 502 S.W.2d 918 (Tex. 1961) ...................................................... 59 Wuliger v. Mann, 2005 WL 1566751 (N.D.Ohio 2005) ........................................................ 42 Statutes Bankruptcy Code 11 U.S.C. § 101 .................................................... 40, 51, 55 Bankruptcy Code 11 U.S.C. § 548 .................................................... 34, 35, 46 Bankruptcy Code 11 U.S.C. § 550 ................................................................ 35 Tex. Bus. & Com. Code Ann. § 24.002 ....................................... 32, 38, 39, 40 Tex. Bus. & Comm. Code Ann. 24.003 ....................................... 51, 52, 55, 56 Tex. Bus. & Com. Code Ann. §§ 24.005 .................... 31, 32, 34, 35, 42, 44, 45 Tex. Bus. & Comm. Code § 24.006 ............................................ 31, 47, 48, 53 Unif. Fraudulent Transfer ……………………………………………….. 35, 40, 46, 47, 51 Unif. Fraudulent Transfer Act §2 cmt. 1 ................................................ 46, 51 Unif. Fraudulent Transfer Act §3 cmt. 2 .......................................................... x  STATEMENT OF ORAL ARGUMENT Appellee requests oral argument pursuant to rule 39.1 of the rules of appellate procedure. Appellee believes that this Court’s decisional process will be significantly aided by oral argument so that the parties may address factual and legal questions the Court may have. xi  STATEMENT OF FACTS This case arises from a massive $77 million securities fraud scam perpetrated by the owners of Retirement Value (“RV”) and its outside sales agents, including James Poe, against 900 investors. The Receiver has only been able to recover a fraction of the damages caused by the scheme Poe participated in. Poe admits that RV was a scam, admits that he sold the scam to unwitting victims and admits he received $485,654.13 for doing so. Incredibly, he asserts he is entitled to keep his ill-gotten gains. This Court should affirm the trial court’s judgment that he may not do so. RV sold a security to the public based on the anticipated proceeds of life settlement transactions entered into by RV. The investment was structured as a loan to RV, whereby the investors provided funds in exchange for RV’s promise to pay a fixed sum of money at a date in the future. (CR 399-401) 1. RV would use investor funds to purchase life insurance policies on third parties, and pay the premiums. The amount that RV agreed to pay each investor was tied to the life expectancy of insureds under the life insurance policies. RV agreed to pay a 1 Some of the citations are to evidence included in the State’s motion for summary judgment against RV, which was incorporated by reference into the Receiver’s motion for summary judgment which is the basis of this appeal. (2ndSuppCR 4). 1 return of 16.5% interest per year for the insured’s calculated life expectancy. (CR 397-398). The date on which the insured under the policy died set the date when RV would be required to repay the loan with the interest. (CR 401). RV did not sell any securities directly. Rather, it sold them through a network of agents called “Licensees.” (2ndSuppCR 202, 207; 215-228; 229-230; 231-232). The Licensees received commissions of up to 18% on each sale they made. (2ndSuppCR 205-206, 212; 232). The Licensees played a vital role in the RV scheme, as they were the ones who convinced the victims to invest. Through the Licensees, RV raised more than $77 million from more than 900 investors. (2ndSuppCR 214). Appellant Senior Retirement Planners, LLC was a Licensee owned by Appellant James Poe (collectively “Poe”). Poe stipulated he received all of the $485,564.13 in commissions RV paid to Senior Retirement Planners, LLC. (CR 1966-67). Collectively, the Licensees received more than $12 million in commissions while the investor-victims didn’t receive a single penny. (2ndSuppCR 235). This suit was originally brought by the Texas Attorney General on behalf of the Texas State Securities Board. The trial court granted the State’s motion for partial summary judgment finding that RV had engaged in fraud or fraudulent 2 practices in the course of illegally selling unregistered securities and ordered RV to make restitution to the investors. (CR 611-612). RV Misrepresented the Potential Risks and Returns To induce the investors to purchase the RSLIP, RV touted the investment as safe and highly profitable promising to double the investors’ money with “double- digit” returns. (CR 328; 539-563). It claimed it would reserve sufficient funds in separate escrow accounts for each policy to pay premiums for two years beyond the insured’s life expectancy as calculated by a reputable and highly skilled medical underwriter, Midwest Medical Review (“Midwest”). (CR 477, 482; 461- 462) RV assured investors that there was a 95% chance that the insured would die on or before the life expectancy date calculated by Midwest (2ndSuppCR 835; 5thSuppCR 488) and a less than 2% chance that the insured would live more than 12 months beyond the Midwest life expectancy. (CR 482; 2ndSuppCR 835). See also, (5thSuppCR 241-253; CR 549). 2 2 Receiver requested a supplement to the record for additional exhibits to the Sabban Affidavit which were inadvertently omitted by the clerk of the trial court that has not yet been filed. Those exhibits are Sabban Aff., Ex. B-14, Ex. 2; Ex. B-16, at TSSB 50025; Ex. B-16, at TSSB 050023. 3  The life expectancy calculation is the key variable in determining the success or failure of a life settlement investment. As the court in SEC v. Mutual Benefits Corp., 408 F.3d 737 (11th Cir. 2005), explained: The purchaser of the viatical settlement realizes a profit if, when the insured dies, the policy benefits paid are greater than the purchase price, adjusted for time value. Thus, in purchasing a viatical settlement, it is of paramount importance that an accurate determination be made of the insured's expected date of death. If the insured lives longer than expected, the purchaser of the policy will realize a reduced return, or may lose money on the investment. Id. at 738. As Dick Gray, the President and principal owner of RV acknowledged, the life expectancy calculation drives the price of the policy, the reserves needed to pay anticipated premiums and the desirability of the investment. (CR 576, 580- 581, 582-584). The investment was highly risky and far more likely to lose money than to make money for the investors. RV’s representations as to the low risk of the investment due to the accuracy of Midwest were wholly false. A life expectancy is not the point in time in which an insured is expected to have died, as RV represented. Instead, it is the point at which 50% of the people who are statistically similar to the insured are expected to have died and 50% are expected to remain alive. (CR 403, 421-423). See also, (5thSuppCR 519-522). At life 4 expectancy (assuming it is calculated correctly), there is only a 50/50 chance that an insured will have died. Id. This is a far cry from the 95/5 chance claimed by RV. In this manner, RV significantly overstated the likelihood that it would be able to repay the money it borrowed plus the promised return. The leadership of RV knew full well that RV was misrepresenting what Midwest’s calculations meant. After all, they had the full Midwest report which directly disclosed that Midwest’s calculations were a median and directly contradicted RV’s statements about the calculations. (CR 421-422). RV intentionally hid this most critical part of the Midwest report when it was sent to investors. (5thSuppCR 233, 343-471, 524- 527; CR 505, 362-364, 372-374, 377). RV made these misrepresentations purposefully in order to make the investment saleable. RV’s COO explained that RV could not attract investors if it had to disclose that there was only a 50/50 chance that the insured would die at the life expectancy. He wrote: Here’s a mental picture. You’re sitting at a kitchen and going over the presentation. You’re [sic] prospect asks “do you have any statistics (a look back is fine) to support your LE projections?” “I sure do Mr. Prospect. Our look back confirms we’re at 50/50. No better than a coin toss; is that OK?” 5  “Perfect!” says Mr. Prospect. “Write me up!” Needless to say you would politely be shown the door. (CR 463). He later explained to Gray that disclosure that the life expectancy represented just a 50/50 chance of death would not “be[] a selling point, it would cause significant head wind.” (5thSuppCR 473). RV was quite aware that investors would want to know that Midwest was providing only an estimate of the time needed to reach a 50/50 chance – a coin toss, in Collins’ words – of the insured’s mortality. (CR 367-368). It gets worse. In the course of its investigation, the State obtained life expectancy calculations by 21st Services and AVS Underwriting, LLC, two well- established and reputable providers, on many of the persons insured under policies owned by RV. Comparison of their calculations to those by Midwest show that the life expectancies calculated by 21st and AVS, on the same individuals generated at or about the same time, were about 2½ times longer than the Midwest calculations used by RV. (CR 220-221). At the time that it was using Midwest, RV understood that Midwest’s life expectancy calculations were roughly half as long as those by every other life expectancy provider. (CR 576-579). RV chose Midwest instead of the reputable providers precisely because its life 6 expectancies were half as long as industry standard in order to understate the required premium reserves. (CR 378-379; 210, 241). When asked why RV did not use a reputable provider than Midwest, Gray testified: “We could have, but it wouldn’t have worked. … Because the longer the LE [life expectancy], the more you have to escrow premiums.” (CR 576). See also, (5thSuppCR 480). Thus, the scheme was doomed to failure from the beginning. (2ndSuppCR 234-235). Far from being reputable as RV claimed, Midwest was operated by a convicted felon who had falsely represented that he was a medical doctor and been indicted on 21 counts involving fraud and conspiracy. (5thSuppCR 127-179, 75-88). While RV was using Midwest, Midwest was facing accusations by the SEC in a lawsuit that it had participated in a different, “fraudulent scheme” involving life settlements by providing life expectancies that were “unreliable” and much too short thereby increasing the risk “policies may lapse from lack of funds to make premium payments.” (5thSuppCR 75-88). RV knew of the SEC’s accusations against Midwest and its owner’s conviction. (5thSuppCR 491-511). It also knew that investors and Licensees who learned of these facts balked at continuing a relationship with RV. Id. See also, (5thSuppCR 504, 482, 512, 516; CR 368-369, 7 378-380, 606-607). Moreover, the Texas Department of Insurance had warned RV that continuing to sell investments based on life expectancy calculations issued by Midwest would be grounds for disciplinary action. (5thSuppCR 516). RV Misused Premium Reserves RV promised investors would be protected from any malfeasance of RV because their funds reserved for the premium payments would be held in separate escrow accounts for each policy and they would be made irrevocable co- beneficiaries of the policies. (CR 328, 477-479; 2ndSuppCR 454, 457). These alleged protections were crucial to RV’s marketing of the RSLIP. (CR 594, 596). These too were lies. There was no escrow – RV retained full control over the funds held by the alleged escrow agent which it used to funnel increasing amounts of money to James Settlement Services at the expense of funding the premium reserves. (CR 387-388, 489-497, 215-216; 5thSuppCR 525-527, 529-530). In addition, RV routinely used funds set aside for one policy to pay expenses related to other policies. (CR 216, 217-220, 316-321). As a result of this commingling, RV had underfunded the premium reserves by about $3 million. (CR 220, 323, 404, 532). Contrary to its promise, whenever RV needed money to pay 8 an expense related to a policy, it pulled funds from whatever account it could find them in regardless of their intended use. (CR 313-314). The Receiver has documented at least 84 instances where RV paid for a policy using funds reserved for other policies. (CR 216-217). The commingling was so extensive, it was not possible to trace the investment by any particular investor to the purchase of any particular policy. (2ndSuppCR 63). Dick Gray testified that commingling of this sort was a routine practice “from the very beginning.” (CR 598). As Dick Gray noted, the problem simply got worse as RV continued to sell investments. (CR 534). None of the policies had sufficient premium reserves to pay premiums up to life expectancy, much less to the life expectancy plus 24 months RV had promised. (2ndSuppCR 243) In fact, most had less than half the required reserves to pay premiums to life expectancy. (2ndSuppCR 245). RV was aware of the significance of its use of premium reserves to purchase policies and the corresponding failure to maintain proper reserves. (5thSuppCR 531). See also, (5thSuppCR 533). In an effort to hide the shortfall, RV postponed the year-end audit it has promised investors. (5thSuppCR 533-535). 9  RV’s Model Would Not Work There were many other intentional misrepresentations made by Retirement Value. Poe himself devoted 32 pages in his response to the motion for summary judgment detailing 72 separate fraudulent misrepresentations RV made. (CR 1372-1404). The combination of (1) ignoring the fact that the life expectancy was only the median (2) purposefully using unreliable life expectancies that were 2.5 times shorter than industry standard, and (3) the shortfall in the reserve accounts caused by RV’s misuse of the funds, meant RV’s premium reserves were woefully inadequate to hold the policies in force like RV had promised they would be. (2ndSuppCR 234). RV’s model was insolvent from the beginning and, as structured, could not have reached solvency. (2ndSuppCR 234-235). The only way the Receiver could keep RV afloat was to disregard RV model of each policy standing on its own. Instead, he had to combine all the policies into a common fund whereby the proceeds received from policies that matured first could be used to pay premiums on the ones that had not matured. (2ndSuppCR 55-59). As Gray testified, “it wouldn’t have worked” without Midwest. (CR 576). The Receiver determined RV’s model had “zero chance of success.” (2ndSuppCR 56). 10  SUMMARY OF THE ARGUMENT Those, such as Poe, who actively participate in fraudulent schemes are not entitled to retain their ill-gotten gains under a very long line of cases. A receiver serves in a dual capacity, which enables the Receiver to bring suits both on behalf of the receivership entity (such as for breach of fiduciary duty) and on behalf of creditors (such as for fraudulent transfers). Poe is not entitled to a credit for the James settlement for three independently sufficient reasons: (1) there were separate damages for separate injuries caused to separate parties, (2) Poe was not found jointly and severally liable, and (3) the settlement agreement segregated the damages. Poe's objections to the Espinosa and Burchett affidavits are without merit, as both were well-qualified to give the opinions they did and they properly relied on the valuation work Lewis & Ellis did on the policies. The affidavits are quite lengthy and spell out the basis for their opinions in great detail. Moreover, there is no reversible error as the portions of the affidavits and exhibits thereto Poe did not object to contain more than sufficient evidence to uphold the judgment. 11  The Receiver presented overwhelming evidence that the transfers to Poe were fraudulent as a matter of law under a long, long line of similar cases. Those cases are not limited to Ponzi schemes. Poe’s arguments are just that. He has no evidence, and his arguments are both factually and legally flawed. ARGUMENT ISSUE 1: SETTLEMENT CREDITS 1. Standard of review. Poe incorrectly asserts the standard of review on this point is de novo. (Br. p. 14.) “We review the trial court's decision to apply a settlement credit for an abuse of discretion. A trial court abuses its discretion when it acts without reference to guiding rules or principles.” Metal Bldg. Components, LP v. Raley, 2007 WL 74316, at *18 (Tex. App. – Austin 2007, no pet.) (citations omitted). See also, Utts v. Short, 2004 WL 635342, at *3 (Tex. App. – Austin 2004, pet. denied); Texas Capital Sec., Inc. v. Sandefer, 108 S.W.3d 923, 925 (Tex. App. – Texarkana 2003, pet. denied); Ramsey v. Spray, 2009 WL 5064539, at *2 (Tex. App. – Fort Worth 2009, pet. denied); LJ Charter, LLC v. Air America Jet Charter, Inc., 2009 WL 4794242 *7 (Tex. App. – Houston [14th Dist.] 2009, pet. denied). “[S]tated 12 another way, [the question is] whether its decision was arbitrary or unreasonable. Weighing the evidence with respect to the amount of the settlement credit involves the exercise of the trial court's discretion, and the trial court will not be held to have abused its discretion if some evidence reasonably supports its decision.” Whatley v. Lindeman, Inc., 2005 WL 291469, at *4 (Tex. App. – San Antonio 2005, pet. denied) (citations omitted). 2. Argument The Receiver sought damages for two distinct injuries in this case. The first injury was caused by the fraudulent transfer of funds from RV to defendants as their individual “take” from the scheme. The Receiver identified precisely how much each individual took, and sued that individual for the return of that money. (CR 705-06). In Poe’s case, that was $485,654.13. (CR 705). That was the amount of commissions he received for recruiting investor victims into the scheme. In James’ case, it was the $19-20 million he overcharge RV for the policies by using the artificially short Midwest life expectancies. (CR 706-707). The claims the Receiver brought to recover for these injuries and the resulting damages were for violations of TUFTA separately against each individual defendant. (CR 705-08). The Receiver did not seek joint liability on these claims (the “separate 13 damages”). 3 (CR 707-08). The Receiver identified the specific bag of money each defendant received, and only sought the return of the money from the defendant that received it. In Poe’s case that was the return of his commission, and in James’ case it was the return of the excess he charged RV for the policies over their true value. (CR 705-708). At no point did the Receiver seek to hold James jointly liable with Poe for his commissions, or Poe jointly liable with James for the overcharges. (CR 705-08). The second injury was caused by RV being ordered to pay restitution to the victims of the RV scheme. (CR 691). The claims the Receiver brought to recover for this injury and the resulting damages were for aiding and abetting and conspiracy to breach fiduciary duties. (CR 691) The Receiver did seek joint liability on these claims (the “joint damages”). (CR 691). The separate damages were distinct from the joint damages. They were to separate measures of damage designed to remedy two different and distinct injuries. Moreover, the injuries were to two separate parties. One injury involved 3 Some of the Licensees set up companies that received the commission directly from RV, and then passed the money through to the individual. In Poe’s case, he set up Senior Retirement Planners, LLC which passed all the commission onto him. (CR 1966-1967). In such instances, the Receiver sued both the company and individual, as both transferees are liable under TUFTA. 14 the breach the duty under TUFTA owed to creditors. The other injury involved the breach of fiduciary duty owed to RV. The separate damages relate to the former, and joint damages the later. The purpose of the separate damages was to compensate creditors for harm done to them, while the purpose of the joint damages was to compensate RV for harm done to it. The Receiver was acting in two separate capacities in bringing this suit. See, Akin, Gump, Strauss, Hauer & Feld, L.L.P. v. E Court, Inc.,2003 WL 21025030, at *5 (Tex. App.—Austin 2003, no pet.). In one capacity, he was bringing the TUFTA claims seeking separate damages for the benefit of creditors. In the other capacity, he as brining the fiduciary duty claims for the benefit of RV. There is no way that the separate damages under TUFTA and the joint damages for breach of fiduciary duty result from an indivisible injury. They represent compensation for injuries to two different parties arising from two distinct and separate duties. See, Christus Health v. Dorriety, 345 S.W.3d 104, 114 (Tex. App.—Houston [14th Dist.] 2011, pet. denied) (Rejecting application of one satisfaction rule and applying an abuse of discretion standard, the court held: “The one-satisfaction rule applies to prevent a plaintiff from obtaining more than one recovery for the same injury. The rule applies when multiple defendants commit the same act as well as when 15 defendants commit technically different acts that result in a single injury. This case, however, involves two meaningfully different injuries, and two separate and distinct victims of different acts of malpractice: (1) the injuries to Timothy during his birth, which caused a life-long mental handicap, and (2) the injuries to Melissa resulting from Christus's negligence, which caused her death. The 1984 settlement compensated Timothy for the things he can no longer do for himself; the 2009 judgment compensated Timothy for the things that Melissa can no longer do for him.”) (citations omitted); Reservoir Sys., Inc. v. TGS-NOPEC Geophysical Co., L.P., 335 S.W.3d 297, 309 (Tex. App.—Houston [14th Dist.] 2010, pet. denied) (Ruling one satisfaction rule was not violated: “Here, TGS's remedy for Reservoir's failure to repay the loan compensates TGS for its out-of-pocket loss for the loan. TGS's remedy for Sigmar's fraud compensates TGS for a portion of what it expected to receive based on Sigmar's representations regarding the Pemex project. Because TGS suffered separate and distinct injuries and damages from Sigmar's fraud and Reservoir's breach of contract, the trial court did not err in awarding judgment on both causes of action.”) “[T]he nonsettling defendant is entitled to offset any liability for joint and several damages by the amount of common damages paid by the settling 16 defendant, but not for any amount of separate or punitive damages paid by the settling defendant.” Crown Life Ins. Co. v. Casteel, 22 S.W.3d 378, 391-92 (Tex. 2000). Thus, Poe is only entitled to a settlement credit on damages he and James are jointly liable for. “Under the one satisfaction rule, the nonsettling defendant may only claim a credit based on the damages for which all joint torfeasors are jointly liable.” Crown Life, 22 S.W.3d at 391. “The supreme court's decision in Crown Life is controlling in this case and requires that settlement credits be applied only if the parties were jointly and severally liable for the damages.” CTTI Priesmeyer, Inc. v. K & O Ltd. P'ship, 164 S.W.3d 675, 685 (Tex. App.-Austin 2005, no pet.). In this instance, there was no joint liability. Courts look to the judgment entered against the non-settling defendant in determining if there is joint liability to apply a settlement credit to, not at the allegations that were made against the nonsettling defendant in the pleadings. Crown Life, 22 S.W.3d at 391. See also, LJ Charter, 2009 WL at *9 (Holding settlement credit should not be applied where the plaintiff lost on its claim against nonsettling defendant alleging joint liability with settling defendant when the court disregarded the verdict against the 17 nonsettling defendant on that claim). Poe acknowledges this when he says this issue was preserved for appeal when he asked the trial court to apply the settlement credits after Poe’s liability had been adjudicated, as opposed to by the earlier motions he had filed. (Br. 19 & n. 8) His counsel argued the same thing at the hearing. (RR v2 14) The trial court ruled on summary judgment that Poe was not liable on the claim for joint damages. (CR 1974). Poe was only held liable for his separate damages under TUFTA. Id. Poe is not entitled to a settlement credit since he was not jointly liable with James for any damages. Poe is improperly seeking a credit for a settlement of joint damages against his separate damages. RV was ordered to pay restitution to investors in the amount of $77.6 million. (CR 611-612). The judgment against Poe was for much less than that amount, thus he would not be entitled to a credit even if the damages assessed against him were for joint damages as he claims in his brief since there has not been one satisfaction on the joint damages. “The [one satisfaction] rule guards against a plaintiff receiving a windfall “by recovering an amount in court that covers the plaintiff's entire damages, but to which a settling defendant has already partially contributed. The plaintiff would otherwise be 18 recovering an amount greater than the trier of fact has determined would fully compensate for the injury.” Osborne v. Jaugegi, Inc., 252 S.W.3d 70, 75 (Tex. App. – Austin 2008, no pet.). There would be no windfall here. The Receiver would be only 1/8th satisfied. For the reasons discussed above, the damages against Poe are separate. Poe is asking this court to apply a settlement credit from joint damages on which has been judicially determined not to be liable for to the separate damage claim against him, something that is clearly improper. In addition to Poe, the Receiver obtained separate similar summary judgments on its TUFTA claims against all other licensees who had not settled with separate (not joint and several) damages awarded against each of them. The Receiver had also brought a TUFTA claim against James seeking $19-20 million in separate damages from him. The James settlement was credited against and extinguished that claim for separate damages against James. If Poe were to claim credit for it as well, then it would be double counted. If Poe could receive credit for it, then under the same logic the other licensees with judgments (none of which exceed the James settlement) against them could as well. That would 19 provide Poe a windfall, turn the one satisfaction rule on its head, and lead to an absurd result. The result that is consistent with the one satisfaction rule gives credit for the James settlement on the joint damages and James’ separate damages. That way the Receiver does not get a double recovery and Poe does not get a windfall and remains liable for his separate damages. Moreover, the language of the settlement agreement precludes Poe from claiming a credit, even if there were joint damages, which there were not. “If the nonsettling party meets its burden [to show a settlement], the burden shifts to the plaintiff to tender a settlement agreement that allocates the settlement between (1) damages for which the settling and nonsettling defendant are jointly liable, and (2) damages for which only the settling party was liable.” Crown Life, 22 S.W.3d at 392. No magic words are required in the settlement agreement to establish the Plaintiff’s intent on the allocation. 4 B.T. Healthcare, Inc. v. Honeycutt, 196 S.W.3d 296, 298 (Tex. App. – Amarillo 2006, no pet.). The 4 Poe acknowledges this in his brief when he states: “Nowhere within the James Settlement Agreement is there any language stating or implying that the James Defendants were paying only for damages for which they James Defendants were solely liable . . . ." (Br. at 18) (emphasis added) 20 language of the settlement agreement made it clear that it only related to the damage claims against James, and no other parties: “In return for the Monetary Consideration . . . Plaintiffs . . . release the James Parties and Beste 5 . . . . from any and all claims . . . damages . . . which Plaintiffs . . . have against the James Parties and Beste that were brought in Cause No. . . . . “ (CR 2025) (emphasis added). 6 Moreover, the settlement contains the following specific language that further limits its scope to only those damage claims for which James was liable: Nothing in this release language nor any other provision of this Agreement is intended to release any claims Plaintiffs have against the Licensees, Wells Fargo or any other party to the Lawsuit. Those claims are expressly and specifically reserved. Except as expressly provided herein, there are no third party beneficiaries to this Agreement. (CR 2027). Poe suggests that the Receiver could have met his burden by stating in the settlement agreement that it only covered certain damages James was liable for. (Br. 20-21) Instead, the Receiver chose to accomplish the same result by making it crystal clear that nothing in the settlement agreement affected his claims 5 For brevity, the James Parties and Beste have collectively been referred to as James in this brief. 6 The emphasized language distinguishes this agreement from the on in Honeycutt where the scope of the settlement covered all claims in the suit, and was not limited to those against the settling Defendant. 21 against the nonsettling defendants. Those are two different ways of saying the same thing. Again, no magic words are required. Point One should be overruled for three independently sufficient reasons: (1) there were separate damages for separate injuries caused to separate parties, (2) Poe was not found jointly and severally liable, and (3) the settlement agreement segregated the damages. ISSUE 2: OBJECTIONS TO AFFIDAVITS 1. Espinosa’s July 29, 2011 Affidavit Poe first attacks the affidavit on the grounds Espinosa was not competent to offer expert opinions on the value of RV’s assets and liabilities. Espinosa was competent to testify about those values since, as Receiver he owned the assets and liabilities. Reid Rd. Mun. Util. Dist. No. 2 v. Speedy Stop Food Stores, Ltd., 337 S.W.3d 846, 852-53 (Tex. 2011); Sierad v. Barnett, 164 S.W.3d 471 (Tex. App. 2005). Poe next claims those portions of the affidavit on the value of the assets and liabilities are conclusory. Even a cursory review of the affidavit (which is 178 pages long including exhibits) shows it was far, far from conclusory. Poe attempts 22 to sensationalize his argument by incorrectly claiming the affidavit failed to explain while policies with face values totaling $130 million were worth $5 million. Espinosa’s affidavit included a copy of his report to the court which explained in detail for three pages why the policies were valued at that amount. (2ndSuppCR 109-111). Espinosa’s report also included copies of two valuation reports done by Lewis & Ellis on the policies. (2ndSuppCR 123-156). The Receiver hired Lewis & Ellis to advise him on the value of the policies so he could evaluate the option of liquidating them to help pay restitution to the investors, not as litigation experts. (2ndSuppCR 95). Those reports explain the rationale and methodology for valuing the policies in great detail for six pages. (2ndSuppCR 128- 133, 146-151). Another expert hired by the Receiver, Asset Servicing Group to administer the policies for him, concurred with choice of the discount rate Lewis & Ellis used to value the policies. (2ndSuppCR 110, 143). Poe admits RV overpaid for the policies in his response to the motion for summary judgment. (CR 1377). It was entirely appropriate for Espinosa to base his opinions on this work done by his experts. Miller v. Argumaniz, 2015 WL 595468 *3-4 (Tex. App. ̶ El Paso 2015, mot. for extension of time to file pet. granted). Just like experts, lay opinion, and particularly those considering an owner’s testimony about value, may be based 23 on hearsay such as appraisals. Natural Gas Pipeline Co. of American v. Justiss, 397 S.W.3d 150, 157-59 (Tex. 2012). Poe also claims the affidavit is unreliable because Espinosa did not apply a discount rate to RV’s liabilities. As discussed more fully below in connection with the solvency analysis under TUFTA, the liabilities should not have been discounted. In short, and as Burchett explained, the debts were not discounted because the valuation was done as if the company was being liquidated, which would necessarily entail the immediate payment of all liabilities. (2ndSuppCR 110). Moreover, Poe offered no expert or other evidence on what the claimed accounting principles were, whether the liabilities should be discounted or what the discount rate would be. Thus, he cannot show discounting the liabilities would have made a difference in the court’s decision on solvency. Lastly, Poe attacks Espinosa’s discussion of the inadequate premium reserves in paragraphs 34-37 of his affidavit (2ndSuppCR 65-67). Poe only partially challenges that fact by objecting to paragraphs 34-37 of Espinosa’s July 29, 2011 affidavit, and paragraph 7 of the his May 1, 2013 affidavit (2ndSuppCR 232). Poe complains Espinosa was unqualified to opine that the life expectancy calculations 24 performed by Midwest were too short. He was qualified based on the personal knowledge he gained about Midwest in the course his role as Receiver for RV. Both his affidavit, and his reports which are exhibits to his affidavit show that. He owned the policies and the reserve accounts in his capacity as Receiver. Moreover, the premium reserves were $14.2 million short even using the bogus Midwest life expectancies. 7 (2ndSuppCR 65). As discussed above, RV knew the premiums reserves were short. In any event, Espinosa’s affidavit 8 contained clear and unequivocal reports and other evidence, which Poe did not object to, from undisputed experts on life expectancies done on the same policies by (1) two more reputable life expectancy companies, (2) a life expectancy company hired by the receiver to conduct independent calculations, and (3) a report from an expert commissioned by RV prior to the receivership to examine the life expectancies. (2ndSuppCR 107-109, 139). All of those show the life expectancies performed by Midwest were way too short. Poe himself argued in his response to the motion 7 The shortfall in the premium reserve is even worse because RV represented that it would reserve sufficient funds to pay premiums on each policy for the life expectancy plus 24 months, by which time it represented the insured on that policy had a greater than 98.5% chance of dying. (2ndSuppCR 112). In truth, the life expectancy is the point at which 50% of the insureds will have died. Id. The shortfall was further compounded by the fact that RV failed to take into account the fact that the premiums required to keep the policies in force would increase every year. (2ndSuppCR 113). 8 Similar evidence was contained in Espinosa’s report, which was not objected to. (2ndSuppCR 111-113). 25 for summary judgment that the life expectancies prepared by Midwest were unreliable. (CR 1376). Poe also points to the fact that RV was only obligated to have premium reserves for the estimated life expectancy plus 24 months, but ignores the poof that RV did not have reserves for the estimated life expectancy plus 24 months, because, among other things, it raided the premium reserves to pay for new polices and routinely purchased policies without having the promised premium reserve. (2ndSuppCR 62, 91). On top of that, the unchallenged evidence established RV had pervasively commingled the premium reserve accounts in contravention of its promises to investors to the contrary, and even used premium reserves for existing policies to purchase new policies. (2ndSuppCR 62- 64, 91). Finally, the report from Lewis & Ellis, which Poe did not object to, attached to Espinosa’s affidavit and also to Burchett’s affidavit establishes that not a single policy had sufficient reserves to maintain the policy in force for the insured’s life expectancy. (2ndSuppCR 131). Lastly, Poe stated in his response to the motion for summary judgment that (1) “[t]here was an ever-increasing short-fall in the premium accounts,” (2) “[b]y 26 the end of 2009, there was a massive ($2 million) shortfall in the premium accounts,” and (3) “[f]unds were commingled from the outset.” (CR 1371). Later in the response, he stated “there were massive short-falls in the premium accounts due to the undisclosed commingling and misapplication of funds on deposit.” (CR 1375). He is no position to dispute these facts now. 2. Espinosa’s July 29, 2011 Affidavit Poe’s only objection to this affidavit is a repeat of his objection that Espinosa did not set out his qualification to testify as an expert on the premium reserves. That claim was addressed above. 3. Burchett May 1, 2013 Affidavit Poe first objects that Burchett’s affidavit did not set out his qualifications to testify as an expert on the value of insurance policies. Burchett was unquestionably competent to testify on the issue of solvency since he was a CPA. (2ndSuppCR 296-303; 233). In re Rodriguez, 204 B.R. 510, 514 (Bankr. S.D. Tex. 1995), aff'd, 95 F.3d 54 (5th Cir. 1996). Burchett explained in his affidavit: “I relied on the valuations of RV’s life insurance policies as performed by Lewis & 27 Ellis, Inc., Actuaries and Consultants, for assessing the market value of these assets. These records are of a type that are reasonably relied upon by experts in my field in forming opinions.” (2ndSuppCR 234). Burchett’s affidavit also includes copies of those reports, which Poe did not object to. (2ndSuppCR 234-236, 237- 271). Burchett’s reliance on Lewis & Ellis report was entirely proper. . Experts on solvency typically rely on other experts, such as real estate appraisers and others to determine the fair value of the debtor’s assets. The impressive qualifications of Lewis & Ellis are set out in its reports and in the biographies of the principals who did the work. 9 (2ndSuppCR 132, 152, 267-271). Poe next complains Burchett’s affidavit did not set out his qualifications to determine discount rates for assets and liabilities. CPA’s, such as Burchett, are obviously qualified to determine such discount rates. In any event, this is a non- issue, since Lewis & Ellis valued the policies (using a discount rate they 9 In summary, Lewis & Ellis is an actuarial consulting firm that has been in business for over 40 years, has offices in Dallas, Kansas City, London and Baltimore and was performing life settlement portfolio valuations on 10 + life settlement portfolios ranging from 2 policies to 1,100 policies at the time of its report. (2ndSuppCR 128, 132). The Lewis & Ellis principals who prepared the report had many years of experience and were Fellows of the Society of Actuaries and Members of the American Academy of Actuaries and one of them had served as a Board Member of the Life Insurance Settlement Association for nearly five years. (2ndSuppCR 132). 28 determined was proper) and no discount rate was applied to the liabilities for the reasons discussed above. Poe also argues Burchett’s affidavit should be disregarded as unreliable based on the 20% discount rate applied when valuing the policies. Lewis & Ellis explained that discount rate in their report where they stated it was carefully chosen based on the valuations they had done on many policy portfolios ranging in size from two to 1,100 policies, their experience with those funds, their knowledge of the market and the then-current discount rates used in the market when policies are bought and sold. (2ndSuppCR 242). Lewis and Ellis chose the discount rate, not Burchett. Poe did not object to the Lewis & Ellis report attached to either Espinosa’s or Burchett’s affidavit. Poe offered no expert of his own. Thus, this evidence is uncontroverted. Poe also points out that Burchett failed to discount the liabilities. That was entirely proper for the reasons briefly stated above and explained more fully below. Burchett did not admit in his deposition that a fair valuation of RV’s debts required application of the same or a similar discount rate as was applied to the assets like Poe says he did citing 2ndSuppCR 762. In any event, Burchett 29 explained, correctly, that the debts were not discounted because the valuation was done as if RV was being liquidated. (2ndSuppCR 758). 4. No Reversible Error Having no experts of his own, Poe has not created a fact issue nor can he show reversible error. “Lay testimony is insufficient to refute an expert’s testimony.” Anderson v. Snider, 808 S.W.2d 54, 55 (Tex. 1991). Arguments of counsel certainly are. In fact, there is plenty of evidence on the valuation of the policies and RV’s insolvency apart from the few portions of the affidavits Poe objects to that will support the judgment. For instance, Poe did not object to any of the reports from Espinosa, Burchett, or Lewis & Ellis attached to the affidavits. Moreover, either affidavit on its own is enough as well. Those are other reasons there is no reversible error here. Even if the objections to the affidavits were valid (which they are not), RV’s liabilities still exceeded its assets by $40 million even if the policies were valued based under the investment method which would include the purchase price, 30 acquisition costs, premiums paid to date as well as all other capitalized expenses. (2ndSuppCR 122). Additionally, there is a balance sheet for RV that shows RV’s liabilities exceeded its assets, even without the adjustments Poe complains about. Id. See also, (2ndSuppCR 127) (showing assets exceeding liabilities each month). Poe’s focus solely on the value RV’s assets and liabilities is fundamentally misplaced in any event. All of this evidence relates to the solvency analysis under TUFTA 24.006(a). Insolvency is not a requirement under the Receivers’ claims under three other TUFTA provisions, as explained below. Point Two should be denied as the affidavits were proper, and there was no reversible error in any event. ISSUE 3: THERE WERE NO FACT ISSUES The Receiver brought fraudulent transfer claims under four separate TUFTA provisions - §§24.005(a)(1), 24.005 (a)(2)(A)&(B) and 24.006(a). The judgment can be affirmed under any of them. §24.005(a)(1) 31  A transfer is fraudulent to a present or future creditor if the transfer was made “with actual intent to hinder, delay or defraud any creditor of the debtor.” TUFTA §24.005(a)(1). RV has been found to have committed securities fraud. (CR 611). Therefore, it has already been determined as a matter of law (based on the evidence set out above plus much more) that RV intended to defraud investors through a fraudulent scheme. The investors were indisputably creditors, both by virtue of their loans to RV and their claims against RV for securities fraud. TUFTA §24.002(3)(4)&(5). Thus, each transaction whereby Poe was paid a commission was necessarily done with the intent to hinder, delay or defraud any creditor of RV. Defrauding the investors was the very core of RV. As part of the fraudulent scheme, money was transferred from RV to Poe for his role in luring investors. These transfers were fraudulent under Section 24.005(a)(1) because they were made with actual intent to defraud creditors. See Janvey v. Alguire, 846 F.Supp.2d 662 (N.D. Tex. 2011) (receiver properly asserted a claim against employees of Stanford International Bank for fraudulent transfer under TUFTA 32 where the Stanford Defendants transferred investors’ funds to employees with actual intent to hinder, delay or defraud creditors). The evidence of actual intent is overwhelming. The facts set out in the beginning of this brief prove RV intentionally lied to investors in many respects about the returns they could expect and the safety of their investment. Dick Gray told his key lieutenants and Licensees in a recorded conference call: The model has grown so quickly that in the buying of policies, the disbursement of client funds, I would describe as a leaning – a financial Leaning Tower of Pisa. That's another way of saying, if somebody came in right now from a regulator and took a photograph of our operation and all the bottom lines and all numbers and all the policy and all the subaccounts, they would call us a Ponzi scheme. (2ndSuppCR 439-440). In addition, it is undisputed that (1) RV had been told by all three separate lawyers it hired that it was illegally selling an unregistered security (2ndSuppCR 775, 844-45, 893), (2) RV was constantly worried about being caught by the regulators and tried to “stay under the radar” and use “legal double-talk” because RV knew it would “hit the fan” when RV was discovered (2ndSuppCR 704, 770, 821, 893), (3) RV was using the premium reserve accounts to finance its “cash shortfall” which was causing “very deep professional concerns” (2ndSuppCR 791, 870), and (4) RV’s leadership discussed the importance of not putting 33 anything incriminating in emails for fear of future subpoenas, with one saying “if you don’t have it in writing, I never said it.” (2ndSuppCR 925). Proving that a debtor operated as a Ponzi scheme proves actual intent to hinder, delay, or defraud any creditor or debtor required by TUFTA §24.005(a)(1). Janvey v. Alguire, 647 F.3d 585, 598 (5th Cir. 2011). Poe’s first challenge to this claim is to allege that the case the Receiver relied on below involved a Ponzi scheme, and he claims RV was not a Ponzi scheme. (BR p. 61) Poe does not cite a single case holding that such a distinction makes a difference. There are two fatal flaws in Poe’s argument. The first is that court found, as a matter of law, and the evidence cited in this brief indisputably proves that the creditors (investors) were defrauded. Thus, whether it was a Ponzi scheme or not doesn’t matter. Intent to defraud is determined on a case by case basis and can be proven by circumstantial evidence. TUFTA §24.005(b); Walker v. Anderson, 232 S.W.3d 899, 914 (Tex. App.—Dallas 2007, no pet.). A Ponzi scheme is not required. 10 10 In re Bell & Beckwith, 64 B.R. 620, 629 (Bankr. N.D. Ohio 1986), involved the diversion of client funds for personal use rather than a Ponzi scheme. When analyzing whether transfers could be set aside as having been made “with actual intent to hinder, delay, or defraud” a creditor in violation of Section 548(a)(1) of the Bankruptcy Code, the court reasoned: Although the funds for the horse racing enterprise were not necessarily spent by Wolfram with the intent to defraud the customers, the availability of those funds was 34  The second fatal flaw in Poe’s response is the rule that proving the transfer was made as part of a fraudulent scheme proves actual intent to hinder, delay, or defraud any creditor or debtor required by TUFTA §24.005(a)(1) is not limited to Ponzi schemes. “The Fifth Circuit and other circuits have repeatedly held that the existence of a fraudulent scheme itself is sufficient to find that a transfer made in furtherance of that scheme was made with fraudulent intent. Indeed, in a fraudulent scheme, all transfers made in furtherance of the fraudulent scheme are inherently made with fraudulent intent.” In re IFS Financial Corp., 417 B.R. 419, 439 (Bkrtcy. S.D. Tex. 2009), aff’d, 669 F.3d 255 (5th Cir. 2012) (applying Texas law) (citations omitted). The court in IFS Financial refused to even consider whether the scheme involved in that case was a Ponzi scheme, because it said: “The Fifth Circuit’s reasoning applies whether the organization neatly fits within a judicially constructed definition of Ponzi scheme or was a fraudulent scheme that had some, but perhaps not all, attributes of the traditional Ponzi scheme. When an organization perpetuating a fraud makes a transfer necessary for continuation accomplished by and is the product of a deliberate fraud. Therefore, any disposition of those funds must be considered to be part of a continuing course of conduct which was intended to defraud the customers of the Debtor. Based upon these facts, it is evident that the elements of Section 548(a)(1) were present at the time the transfers in question were made. Accordingly, it must be concluded that they are avoidable under Section 548(a)(1) and recoverable under Section 550. 35 of the fraud, the transfer is made with actual intent to defraud.” Id. at n. 15. The Fifth Circuit agreed with this holding when it affirmed that case: “Evidence that a company operated as a fraudulent enterprise at the time of the transfer, moreover, may be sufficient to establish actual intent.” In re IFS Financial Corp., 669 F.3d 255, 265 (5th Cir. 2012) (emphasis added). The court in In Re Cowin, 492 B.R. 858, 902 (Bkrtcy. S.D. Tex. 2013), also applying Texas law, held that the existence of a conspiracy which did not involve a Ponzi scheme was evidence of fraudulent intent under TUFTA. Similarly, the court in BAC Home Loans Servicing, LP v. Texas Realty Holdings, LLC, 2010 WL 3522981 *3 (S.D. Tex. 2010), adopted, 2010 WL 3522980 (S.D. Tex. 2010), held that the fact that the defendant was running a non-Ponzi scheme was “strong evidence of her actual intent to defraud” under TUFTA. Other jurisdiction agree. 11 As these cases demonstrate, there is no meaningful distinction between a Ponzi scheme and securities fraud scheme in the context of analyzing intent to hinder, delay or defraud creditors. Both are illegal schemes that fundamentally grounded in fraud from the very beginning. 11 See also, Cobalt MultiFamily Investors I, LLC, 2010 WL 3791040 *3 (securities fraud that was a non-Ponzi scheme constituted fraudulent intent under uniform fraudulent transfer act); Scholes v. African Enterprise, Inc., 838 F.Supp. 349, 353, 356 (N.D. Ill. 1993) (principle's mental state to actually defraud investors is sufficient to establish requisite mental state under uniform fraudulent transfer act); 36  In addition, this case had many of the same characteristics of a Ponzi scheme. 12 “Courts presume actual intent in relation to a Ponzi scheme because the debtor knows at the time of the transfer that the scheme ultimately must 12 RV knew it was illegally selling unregistered securities, was doing all it could to dodge the regulators, was plotting strategy to hide evidence for when it got caught, promised grossly high returns on a safe investment, was insolvent from the beginning and got progressively more insolvent with each investment, commingled and misused investor funds, made many fraudulent misrepresentations to investors, admitted there was no way its model would work without the bogus life expectancies of Midwest, and paid excessive profits to the owners and participants. RV was never profitable. (2ndSuppCR 278) In fact, the losses grew as more policies were sold. (2ndSuppCR 279-291) Other than a negligible initial capital investment of $1,000, RV was solely funded by money from investors. (2ndSuppCR 234). Investor funds were then used to buy policies, pay premiums, give Licensees commissions, pay operating costs, and make sizeable distributions to management. Id. Gray and others associated with RV, including his son, even called RV a Ponzi scheme and “financial Leaning Tower of Pisa.” (2ndSuppCR 438- 440, 441, 447, 454, 457). The only way to keep RV afloat would have been from the use of funds from future investors. (2ndSuppCR 234). Frankly, the only reason it didn’t turn into a situation where current investors were paid money from new investors as in a classic Ponzi scheme is due to the good work of the TSSB and AG shutting RV down before more investors could be fleeced. The evidence before the bankruptcy court on the question of the debtors' intent consisted of the affidavit of Ron N. Bagley, the original trustee and trustee Merrill's accountant. That evidence shows that the debtors conducted no business operations, never generated any profits or earnings, paid all monthly disbursements to undertakers solely from other undertakers' investments, were insolvent from the moment the first investment contract was executed, became more insolvent with each successive contract, and ran their business as a Ponzi scheme. In addition, the Bagley affidavit sets out fourteen material representations—many of them allegedly false—that the debtors made regarding the nature of their business and the nature of the investments to induce undertakers to invest in the program. None of the defendants introduced any evidence to dispute the assertions in the Bagley affidavit. Thus, it was undisputed that the debtors' business “was conducted as a ‘Ponzi’ scheme....” 41 B.R. at 994. In re Indep. Clearing House Co., 77 B.R. 843, 860 (D. Utah 1987). 37 collapse.” In re Nat'l Consumer Mortgage, LLC, 2013 WL 164247, at *11 (D. Nev. Jan. 14, 2013). The same was definitely true of RV. Poe also claims the investors were not “creditors” with “claims” before or a reasonable time after the transfers because the investors’ loans had not matured. (Br. 61) That is wrong for two reasons. First, the definition of “claim” under TUFTA provides: “’Claim’ means a right to payment or property, whether or not the right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured, or unsecured.” TUFTA § 24.002(3) (emphasis added). Including unmatured debt in the solvency analysis has been the law in Texas for at least 125 years. See, Burnett v. Chase Oil & Gas, Inc., 700 S.W.2d 737, 743 (Tex. App. 1985, no writ); Frees v. Baker, 81 Tex. 216, 16 S.W. 900, 901 (1891). See also, Sherrod v. City Nat. Bank of Wichita Falls, 294 S.W. 295, 296 (Tex. Civ. App. – Amarillo 1927, writ ref’d) (judgments rendered after the fraudulent transfer are to be considered on issue of solvency at time of transfer). Second, the investors were also creditors with claims by virtue of the securities fraud as of the date the fraud was committed, which was when they 38 initially invested. The definition of a “claim” includes a right to payment “whether or not the right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, undisputed . . . . .” TUFTA §24.002(3). See also, Duran v. Henderson, 71 S.W.3d 833, 841 (Tex. App.—Texarkana 2002, pet. denied) (“As the statutory definitions make clear, the Hendersons did not need to obtain a judgment against Charles Duran for conversion, which they in fact eventually did, in order for him to become a debtor to them within the meaning of the statute.”). This identical issue was addressed by the court in In re Bayou Grp., LLC, 439 B.R. 284 (S.D.N.Y. 2010), which also involved an illegal investment scheme. The transferees argued that “case law does not support treating liabilities for which the debtor is not legally bound to pay at the valuation date as ‘debts' for purposes of insolvency.” Id. at 334. The court rejected this argument because the tort claims of the investors were founded on fraudulent misrepresentations made at the time of initial investment. Id. at 335. “[I]t is a given . . . that the [investment company] had a legal tort liability to their investors for the full amount of their investments based on rescission for fraud. As such, the investors were and are creditors.” Id. Based on the fact that “in tort cases the relationship of debtor and creditor arises the moment the cause of action accrues,” the court held that the 39 “investors' claims accrued at the moment of the fraudulent inducement and therefore were liabilities of” the investment company from that time and were properly counted as such in the solvency analysis. Id. at 335. See also, S.E.C. v. Antar, 120 F. Supp. 2d 431, 443 (D.N.J. 2000) aff'd, 44 F. App'x 548 (3d Cir. 2002) (summary judgment entered for fraudulent transfer on basis of insolvency when transfers occurred years before judgment for securities fraud); In re Ramirez, 2011 WL 30973, at *4 (Bankr. S.D. Tex. 2011) (debt arose when tort was committed). The definition for “claim” and “debt” under the bankruptcy code is, in all relevant respects, identical to the one in TUFTA. Compare, TUFTA §24.002(3) & (5) with 11 USC §101(5) & (12). In fact, the TUFTA definition was taken from the bankruptcy code. Unif.Fraudulent Transfer Act § 1 comment 3. Lastly, Poe asserts the Receiver has failed to show that the transfers to Poe were made with intent to defraud. As discussed above, since RV was operating a fraudulent scheme, all transfers (including the ones to Poe) are made with fraudulent intent as a matter of law. The Fifth Circuit and other circuits have repeatedly held that the existence of a fraudulent scheme itself is sufficient to find that a transfer made in furtherance of that scheme was made with fraudulent intent. Indeed, in a 40  fraudulent scheme, all transfers made in furtherance of the fraudulent scheme are inherently made with fraudulent intent. In re IFS Fin. Corp., 417 B.R. at 439 (citations omitted). “When an organization perpetuating a fraud makes a transfer necessary for continuation of the fraud, the transfer is made with actual intent to defraud.” Id. at 439 n. 15. The payments of commissions to sales agents was necessary for RV to continue its fraud. They are the only ones who sold its product. The law is clear – a receiver may recover sales commissions that were paid for luring investors into an illegal and fraudulent investment scheme (as well as payments to employees of the fraudulent enterprise), and the Receiver is regularly granted summary judgment on those claims. Janvey v. Alguire, 647 F.3d 585; Janvey, 846 F.Supp.2d at 674; S.E.C. v. Cook, 2001 WL 256172 *2 (N.D. Tex.,2001) (granting summary judgment to receiver under Texas law); MultiFamily Investors I, LLC v. Lisa Arden, 2010 WL 3791040 *3 (S.D.N.Y. 2010), adopted, 2010 WL 3790915 (S.D.N.Y. 2010); Hays v. Adams, 512 F.Supp.2d 1330, 1333-34 (N.D. Ga. 2007) (granting summary judgment for receiver); Klein v. Patterson, 2013 WL 3776266 *3 (D. Utah 2013) (granting summary judgment for receiver); Cobalt Multifamily Investors I, LLC v. Arden, 2012 WL 3838834 *6 (S.D.N.Y. 2012); Gordon 41 v. Dadante, 2010 WL 4137289 * 2 (N.D.Ohio 2010); Scheck Investments, L.P. v. Kensington Management, Inc., 2009 WL 1916501 *4 (S.D.Fla. 2009); Wuliger v. Mann, 2005 WL 1566751 *9 (N.D.Ohio 2005). §24.005(a)(2)(A) & (B) A transfer is fraudulent to a present or future creditor if the transfer was made “without receiving a reasonably equivalent value in exchange for the transfer or obligation, and the debtor: (A) was engaged or was about to engage in a business or a transaction for which the remaining assets of the debtor were unreasonably small in relation to the business or transaction; or (B) intended to incur, or believed or reasonably should have believed that the debtor would incur, debts beyond the debtor’s ability to pay as they became due.” TUFTA §24.005(a)(2). The transfers to Poe were fraudulent because RV was engaged in a business or transaction for which the remaining assets of the debtor were unreasonably small in relation to the business or transaction. (2ndSuppCR 234); TUFTA §24.005(a)(2)(A). RV was insolvent at all times, meaning that “the sum of RV’s debts was greater than all of RV’s assets.” (2ndSuppCR 234-235; 278). Having 42 promised to pay each investor 16.5% simple annual interest and reserve premiums for life expectancy plus 24 months, RV lacked any reasonable amount of assets to actually fulfill that promise. (2ndSuppCR 234). Burchett’s affidavit stated that his review of RV’s books and records proved RV’s “management paid out all of the available cash soon after it came in, leaving it insolvent and unable to meets its obligations.” (2nd Supp. 233) Burchett’s affidavit also stated: “Actually, RV became more and more insolvent with each transaction that management entered into in its name. After management took their cut, the Licensees took their cut, the James parties took their cut, and Kiesling Porter took it’s cut, there was not enough money left to pay premiums with which to keep the policies in force. Because of this way of managing the business, RV was left owing more money than it could possibly pay.” (2ndSuppCR 234) This unchallenged proof is more than sufficient to prove the transfers to Poe violated TUFTA separate and apart from any alleged errors in valuing the policies, or liabilities. As discussed above, RV’s model was based on the intentional misinterpretation of the Midwest life expectancy and using Midwest instead of a reputable provider in order to get life expectancy numbers that were half as long as they should have been. There was no way the RV model would work. 43  In addition, the transfers were fraudulent because RV intended to incur, or believed or reasonably should have believed that it would incur debts beyond RV’s ability to pay as they became due. TUFTA §24.005(a)(2)(B). Gray’s belief in this regard was evident when he described RV as a Leaning Tower of Pisa that the regulators would call a Ponzi scheme. Here again, the knowing misuse of the Midwest life expectancies made it impossible for the RV business model to work. Gray even admitted it would not work without Midwest, which he clearly knew was providing bogus life expectancies. There was no way for RV to pay its debts as they came became due. Id. (2ndSuppCR 234). In addition to constant and worsening insolvency, when the Receiver took over, RV had a $3 million shortfall in the policy premium accounts as a result of commingling. (2ndSuppCR 55; 65; 168). The payments to Licensees were fraudulent because each transaction made RV more and more insolvent and allowed it to incur debts beyond RV’s ability to pay. (2ndSuppCR 234-235). TUFTA §24.005(a)(2)(B). The Receiver’s proof clearly supported a summary judgment. Proof that transfers were made pursuant to a Ponzi scheme generally establishes that the scheme operator “[w]as engaged or was about to engage in a business or a transaction for which the remaining assets of the debtor were unreasonably small in relation to the business or transaction,” 44  § 3439.04(a)(2)(A), or “[i]ntended to incur, or believed or reasonably should have believed that he or she would incur, debts beyond his or her ability to pay as they became due,” § 3439.04(a)(2)(B). Donell v. Kowell, 533 F.3d 762, 770-71 (9th Cir. 2008). The rationale that “compels” this rule is that Ponzi schemes are insolvent from their inception, and so too was RV. In re Canyon Sys. Corp., 343 B.R. 615, 650 (Bankr. S.D. Ohio 2006) (granting summary judgment). “The fact that the debtor operated primarily if not exclusively on fraudulently obtained funds establishes that the debtor had little if any legitimate operating capital. Id. Other than a negligible initial capital investment of $1,000, RV was solely funded by money fraudulently obtained from investors. (2ndSuppCR 234). It’s model would not work. Poe argues that the transfers to him must have been what caused the remaining assets of RV to be unreasonably small or caused RV to incur debts beyond its ability to pay as they became due. By their plain language, neither of these TUFTA provisions require such a causal link. TUFTA §24.005(a)(2)(A)&(B) As a matter of law, Poe did not provide reasonably equivalent value. “To measure reasonably equivalent value, we judge the consideration given for a transfer from the standpoint of creditors. The proper focus is on the net effect of 45 the transfers on the debtor's estate, and the funds available to the unsecured creditors.” In re TransTexas Gas Corp., 597 F.3d 298, 306 (5th Cir. 2010). The relevant comment in UFTA states that the definition of “value” is: [A]dapted from § 548(d)(2)(A) of the Bankruptcy Code.... The definition [ ]is not exclusive [and] is to be determined in light of the purpose of the Act to protect a debtor's estate from being depleted to the prejudice of the debtor's unsecured creditors. Consideration having no utility from a creditor's viewpoint does not satisfy the statutory definition. Unif. Fraudulent Transfer Act § 3 cmt. 2 (emphasis added). From a creditor’s viewpoint, RV lost the money it paid Poe and it incurred debts to investors it had no realistic chance of repaying. “The primary consideration in analyzing the exchange of value for any transfer is the degree to which transferor’s net worth is preserved. It takes cheek to contend that in exchange for the payments he received, the RDI Ponzi scheme benefited from his efforts to extend the fraud by securing new investments.” Warfield v. Byron, 436 F.3d 551, 560 (5th Cir. 2006) (affirming summary judgment for Receiver). Because the debtor's business was inherently illegitimate, the broker's services, which furthered the scheme, had no value as a matter of law. It made no difference whether those same broker services would have been valuable to legitimate businesses in the marketplace or 46 that the broker was unaware of the fraud. Id. See also, In re Ramirez Rodriguez, 209 B.R. 424, 434 (Bankr.S.D.Tex.1997) (stating that “as a matter of law, the Defendant gave no value to the debtors [Ponzi scheme operators] for the commissions attributable to investments made by others”). The same logic applies here. Each investment dollar the Poe brought into the illegal scheme resulted in RV owing more money and becoming more insolvent. (2ndSuppCR 235). Thus, RV’s net worth harmed by the transfer. Since Poe’s affidavit contains no evidence that his services preserved the value of RV’s estate or had any utility from a creditor’s perspective, it does not create a fact issue on reasonably equivalent value. Janvey, 780 F.3d at 646. Even if the fraudulent scheme was disregarded, the money from investors was a loan to RV, and created additional debt that RV had no hope of repaying thereby harming its net worth and creditors. §24.006(a) A transfer is also fraudulent as to present creditors “whose claim arose before the transfer was made or the obligation was incurred if the debtor made the transfer or incurred the obligation without receiving a reasonably equivalent 47 value in exchange for the transfer or obligation and the debtor was insolvent at the time or the debtor became insolvent as a result of the transfer or obligation.” TUFTA § 24.006(a). The Receiver is not claiming RV became insolvent as a result of the transfers to Poe. The transfers to Poe were fraudulent because RV was insolvent at the time and RV did not receive a reasonably equivalent value in exchange. TUFTA §24.006(a). RV was insolvent at all times in that the sum of its debts was greater than all of its assets at fair valuation. (2ndSuppCR 234-235). With each investment procured by the Licensees, RV became increasingly insolvent. (2ndSuppCR 235). Everyone – Licensees, Gray, and other Defendants – took their cut at the beginning, leaving RV with the liability to pay investors as promised. Every dime of investor money was already accounted for. Considering that RV based its model on a intentional misreading of what the Midwest life expectancies really meant, not to mention the fact that Midwest life expectancies were less than half of what reputable life expectancies were, (2ndSuppCR 65-66), RV did not have enough money to keep the policies in force. (2ndSuppCR 65; 234). As a result, for each dollar that was brought in, RV incurred additional 48 obligations it couldn’t repay. (2ndSuppCR 234-235). The RV model simply wouldn’t work. In addition, the transaction that the investors entered into was the product of securities fraud, and as a result, RV was required to repay all the investors which further exacerbated the insolvency. (CR 611). As stated above, there was no reasonably equivalent value provided for the commissions. The Receiver presented overwhelming proof of RV’s insolvency at the time of the transfers to Poe. The Receiver conducted a detailed and thorough analysis of RV’s financial condition in hopes of paying the defrauded investors the restitution they were entitled to. He could not do so because RV was insolvent. The Receiver engaged an expert actuary with tremendous experience with life settlements to value the policies RV had. He also engaged another life settlement expert to help him manage the portfolio of policies. On top of that, he engaged a well-respected accounting firm to thoroughly analyze RV’s finances, books and records. The summary judgment proof of insolvency included the statements made in the Receiver’s affidavits as well as the affidavit of his expert accountant, Burchett which the court should review. They are included in the Appendix to this brief. 49  Either of those affidavits standing alone was sufficient to prove RV was insolvent as a matter of law. There are many portions of those affidavits that Poe does not even attempt to challenge, including the reports and other documents attached to them. For instance, Burchett’s report shows RV’s liabilities exceeded its assets by $26,989.81 in its first month and that it became increasingly insolvent each month until it was shut down in March 2010 with liabilities exceeding assets by $8.5 million. (2ndSuppCR 277). That was before any of the valuation adjustments Poe complains of. Id. Of course, the insolvency was much higher when the policies were adjusted to their fair valuations. (2ndSuppCR 278) Those unchallenged portions of the affidavits, standing alone, are sufficient to prove RV was insolvent as a matter of law. Significantly, Poe offers no real evidence on solvency himself. Although it is Debtors' burden to demonstrate insolvency and provide reliable expert testimony, Appellants cannot—in the face of the exhaustive analysis conducted by an expert as qualified as Lenhart—credibly assert fatal flaws in his analysis without supporting evidence of their own. The conclusory statements contained in Appellants' briefs—without citation to contradictory evidence or independent expert analysis—do not raise material issues of fact as to the Bayou Funds' insolvency or the possibility of conducting a solvency analysis on a non-aggregated basis In re Bayou Grp., LLC, 439 B.R. at 336. 50  In his challenge to insolvency, Poe improperly seeks to (a) value assets at face value instead of using a “far valuation,” (b) discount or completely ignore RV’s debt, and (c) use the Receiver’s reorganization plan for repaying investors. “A debtor is insolvent if the sum of the debtor’s debt is greater than all of the debtor’s assets at a fair valuation.” TUFTA § 24.003(a) (emphasis added). Poe is improperly valuing the insurance policies RV owned at their face value, not at their fair value as the Receiver did and as required by TUFTA. In re Merry-Go- Round Enterprises, Inc., 229 B.R. 337, 343 (Bankr. D. Md. 1999) (recipients of fraudulent transferred offered no controverting evidence of solvency when they presented balance sheets, as opposed to using a fair valuation). 13 Solvency is determined from the creditor’s perspective. That is, does the creditor have sufficient assets to sell and pay its debts. Fair valuation is not the book value, or cost, usually reflected on the balance sheet. Rather, it is determined by “estimating what the debtor's assets would realize if sold in a prudent manner in 13 The definition of insolvency, which is also contained in the Uniform Fraudulent Transfer Act was taken from the bankruptcy code definition contained at 11 U.S.C.A. § 101(32). In re Brentwood Lexford Partners, LLC, 292 B.R. 255, 268 (Bankr. N.D. Tex. 2003); Uniform Fraudulent Transfer Act § 2 comment 1. TUFTA §24.012 provides: “This chapter shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this chapter among states enacting it.” Accordingly, citations to bankruptcy cases and cases from other states that adopted the uniform act are appropriate. Bowman v. El Paso CGP Co., 431 S.W.3d 781, 786 n.6 (Tex. App. – Houston (14th Dist.) 2014, pet. denied). 51 current market conditions.” Matter of Lamar Haddox Contractor, Inc., 40 F.3d 118, 121 (5th Cir. 1994). Courts apply this meaning of “fair valuation” to TUFTA. See, In re Brentwood Lexford Partners, LLC, 292 B.R. 255, 268 (Bankr. N.D. Tex. 2003); In re Pioneer Home Builders, Inc., 147 B.R. 889, 893 (Bankr. W.D. Tex. 1992). Poe’s claim in his affidavit and argument stating that RV could pay the investors back when the policies matured did not create a genuine issue of material fact. It does not address fair valuation of the policies at all as required by what courts call the balance sheet test in TUFTA § 24.003(a). Whether RV could pay those debts when they came due (which it could not) is simply not the test. All debts are to be counted in the solvency analysis, not just those currently due. TUFTA § 24.003(a) (“A debtor is insolvent if the sum of the debtor’s debts is greater than all of the debtor’s assets at fair valuation.”); In re Prince, 2012 WL 1095506, at *8 n. 7 (Bankr. E.D. Tex. Mar. 30, 2012) (“Under both Texas law and the Bankruptcy Code, a debtor is insolvent if the sum of the debtor's liabilities is greater than the sum of the debtor's assets at a fair valuation.”); Farmers Bank of Clinton, Mo. v. Julian, 383 F.2d 314, 326 (8th Cir. 1967), cert. denied, 389 U.S. 52 1021 (1967) (“The test for ‘insolvency’ under . . . the Bankruptcy Act is not the inability to meet current obligations but is the state of having liabilities exceed assets.”). Engelkes v. Farmers Co-op. Co., 194 F. Supp. 319, 327 (N.D. Iowa 1961) (It is to be noted that the definition of ‘insolvency’ appearing in the Bankruptcy Act is a ‘balance sheet’ definition and requires the weighing of assets against liabilities. It differs in this respect from the conventional definition of insolvency which is ‘a general inability to meet pecuniary liabilities as they mature, by means of either available assets or an honest use of credit.’). All debts are to be counted in the solvency analysis, not just those currently due. Poe’s argument is further flawed by the fact that he relies on the Receiver’s reorganization plan to demonstrate RV could pay its debts as they came due. That plan is not properly considered as part of the solvency analysis. “The question of insolvency is to be determined as of the time of the conveyance.” Jackson Law Office, P.C. v. Chappell, 37 S.W.3d 15, 25 (Tex. App. – Tyler 2000, pet. denied). See also, TUFTA § 24.006(a) (A transfer is fraudulent if the debtor was insolvent “at the time.”). 53  Poe’s argument that Burchett had no personal expertise in valuing life settlements or computing life expectancies is irrelevant. As demonstrated above, he properly relied on the work done by Lewis & Ellis. Burchett also interviewed Lewis & Ellis to understand their work. (2ndSuppCR 753) Burchett did not violate AICPA standards. Poe cites to 2ndSuppCR 756 which is Burchett’s deposition testimony on those standards. A review of his testimony shows that Poe’s counsel was mixing apples (AICPA standards on valuation) with oranges (AICPA standards on solvency). Burchett made it clear that he had conducted a solvency analysis, not a valuation. (2ndSuppCR 755-56) Therefore, the standards Poe’s counsel was relying on were inapplicable. Id. Lewis & Ellis’ decision to apply a 20% discount rate when valuing the policies was entirely appropriate, as explained in their report. As stated above, a second firm hired by the Receiver to administer the policies concurred in the choice of that discount rate. Poe offered no controverting evidence to show this discount rate was inappropriate. Poe next claims, without citation to any expert testimony or authority, that the $77 million obligation to participants should have been discounted because 54 “these amounts are not payable until the death of the insureds, which is projected to occur years in the future.” (Br. P. 52) Here again, Poe ignores the fact RV was running a securities fraud scheme and the investors had current claims for restitution because of the fraud committed against them. Even if the tort liability is ignored, the obligations to investors under the RV contracts should not have been discounted. TUFTA § 24.003(a); Julian, 383 F.2d at 326 (“The test for ‘insolvency’ under . . . the Bankruptcy Act is not the inability to meet current obligations but is the state of having liabilities exceed assets.”). In analyzing this issue under the Bankruptcy Code definition of insolvency the TUFTA definition was taken from, one court explained: On the debt side of the insolvency equation under § 101(32)(A), the phrase “at a fair valuation” does not modify the phrase “the sum of [the] entity's debts.” See Trans World Airlines, Inc., v. Travellers International AG (In re Trans World Airlines), 180 B.R. 389, 423–24 (Bankr.D.Del.1994) (relying on plain language and noting the anomaly that would result if the insolvency determination was premised on debts being fairly valued, i.e. insolvency could never occur), reversed on this point, 203 B.R. 890, 897 (D.Del.1996), affirmed on this point 134 F.3d 188, 196–97 (3d Cir.1998). Under the Bankruptcy Code, debt is defined as “liability on a claim.” 11 U.S.C. § 101(12). A claim, in turn, is defined to as a “right to payment, whether or not such right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured; ....” Id. at § 101(5). Therefore, the sum of an entity's 55  debts is the sum of the entity's liability on each of its claims. An entity's liability on a claim is the amount of the claim. In re Merry-Go-Round Enterprises, Inc., 229 B.R. 337, 342 (Bankr. D. Md. 1999). See also, In re ORBCOMM Global, L.P., 2003 WL 21362192, at *3 (Bankr. D. Del. June 12, 2003); In re Trans World Airlines, Inc., 134 F.3d 188, 197 (3d Cir. 1998), cert. denied (1998); In re Imagine Fulfillment Servs., LLC, 2014 WL 3867531, at *5 (B.A.P. 9th Cir. 2014). The definitions of “debt” and “claim” are the same under TUFTA. TUFTA §24.002(3)&(5). Burchett did not admit he should have applied the same discount rate to the money owed investors as had been applied in valuing the policies. Rather, Burchett’s response Poe points to was to a hypothetical situation counsel had been discussing with him for several pages, and Burchett’s response was simply “it’s possible, I’ll have to think about that, I have not considered that entirely.” (2ndSuppCR 762). That hypothetical involved the sale of the liability at market prices. (2ndSuppCR 762). That hypothetical was improper under In re Merry-Go- Round Enterprises, Inc. and the other cases cited above. In contrast, when asked specifically about the debt to the investors in RV as part of his solvency analysis, Burchett testified unequivocally that it should not be discounted because 56 insolvency is a balance sheet test to determine whether the company could pay its debts if liquidated. (2ndSuppCR 758). That testimony is entirely in line with the cases just cited which specifically reject Poe’s claim that debts should be discounted or valued at market value. Poe complains that the statements in Espinosa’s affidavit that “RV is insolvent” is conclusory. (Br. p. 54) The affidavit sets for the facts supporting that statement in detail immediately following it; thus, it is not conclusory. (2ndSuppCR 55) In addition to that, the affidavit contains many exhibits supporting Espinosa’s opinion that RV was insolvent, as well as the report of Burchett who Espinosa hired to evaluate RV’s solvency. The same is true for the statement that “the market value of the assets [RV] holds is far less than its debts” that Poe also objects to. Next, Poe points to the section of Espinosa’s report where he says the value of the policies could not be determined based on comparable sales. (Br. p. 55) That doesn’t matter, because there are other ways of valuing policies or similar assets, such as the income approach which was used here. “The three traditional approaches to determining market value are the comparable sales method, the 57 cost method, and the income method.” City of Harlingen v. Estate of Sharboneau, 48 S.W.3d 177, 182 (Tex. 2001). In fact, the very next sentence of Espinosa’s report states: “Instead, policies are valued based on the net present value of their anticipated cash flows.” (2ndSuppCR 728). Espinosa then details how that calculation was performed and attaches the Lewis & Ellis report. (2ndSuppCR 728- 29). The rest of Poe’s arguments concerning Espinosa’s affidavit are based on the Receivers’ reorganization plan and the face value of the policies, which have been addressed above. The Receiver’s Standing Poe’s challenge to the Receiver’s standing is baseless. Receivers in Texas have standing to bring the exact type of TUFTA claims against sales agents the Receiver brings here. Generally, a receiver has no greater powers than the corporation had as of the date of the receivership. See Guardian Consumer Fin. Corp. v. Langdeau, 329 S.W.2d 926, 934 (Tex.Civ.App.-Austin 1959, no writ). However, when the receiver acts to protect innocent creditors of insolvent corporations ... the receiver acts in a dual capacity, as a trustee for both the stockholders and the creditors, and as trustee for the creditors he can 58  maintain and defend actions done in fraud of creditors even though the corporation would not be permitted to do so. Id.; accord Shaw v. Borchers, 46 S.W.2d 967, 968-69 (Tex. Comm'n App.1932, judgm't adopted). Akin, Gump, 2003 WL at *5 (emphasis added). Thus, the Receiver had standing to bring the breach of fiduciary duty claims on behalf of RV as well as the TUFTA claims on behalf of the creditors in his dual capacity. This has been the law in Texas since at least 1932 up through the present. 14 The statement Poe claims was a judicial admission was not. The Receiver was plainly asserting in the summary judgment motion that he has standing to recover on the claims he brings, and the partial statement the Licensees refer to is simply a metaphorical way of driving home the point that the Licensees continue to hold stubbornly onto their ill-gotten gains. To qualify as a judicial admission, a statement must be (1) made in the course of a judicial proceeding; (2) contrary to an essential fact for the party's 14 See, Wheeler v. American Nat. Bank of Beaumont, 162 Tex. 502, 503, 347 S.W.2d 918, 919 (Tex. 1961); Sec. Trust Co. of Austin v. Lipscomb County, 180 S.W.2d 151, 158 (Tex. 1944); Shaw v. Borchers, 46 S.W.2d 967, 968-69 (Tex. Comm'n App. 1932, judgment adopted); Cotten v. Republic Nat. Bank of Dallas, 395 S.W.2d 930, 941 (Tex.Civ.App.-1965, writ ref’d n.r.e.); Wheeler v. American Nat. Bank of Beaumont, 162 Tex. 502, 503, 347 S.W.2d 918, 919 (Tex. 1961); Guardian Consumer Fin. Corp. v. Langdeau, 329 S.W.2d 926, 934 (Tex. Civ. App. – Austin 1959, no writ); Glenn H. McCarthy, Inc. v. Knox, 186 S.W.2d 832, 837-38 (Tex.Civ.App.-Galveston 1945, writ ref’d); English Freight Co. v. Knox, 180 S.W.2d 633, 640 (Tex.Civ.App.-Austin 1944, writ ref’d w.o.m.). 59 recovery; (3) deliberate, clear and unequivocal; (4) related to a fact upon which judgment for the opposing party could be based; and (5) enforcing the admission would be consistent with public policy. A true judicial admission is a formal waiver of proof usually found in pleadings or the stipulations of the parties. The attorney's opening argument, which is not evidence in the case, constitutes no more than a forceful and persuasive summary of the Federation's case. The Federation does not argue that the contracts state that the supplement is “permanently irrevocable.” These general statements delineating what “this case is about” are not deliberate, clear, and unequivocal statements. We further note that these statements are unsworn. The policy underlying judicial admissions is to prevent a party from recovering after he has sworn himself out of court. Judicial admissions are a formal act, and the doctrine should be applied with caution. Weslaco Federation of Teachers v. Texas Educ. Agency, 27 S.W.3d 258, 263 (Tex. App.-Austin 2000, no pet.) (citations omitted). See also, Field v. AIM Management Group, Inc., 845 S.W.2d 469, 472 (Tex. App.-Houston [14th Dist.] 1993, no pet.) (“Judicial admissions which determine an ultimate issue must be made of sterner stuff . . . “). Statements mistakenly made by counsel are not judicial admissions. In re Dillard Dept. Stores, Inc., 181 S.W.3d 370, 376 (Tex.App.-El Paso 2005, no pet.), citing, DeWoody v. Rippley, 951 S.W.2d 935, 946 (Tex.App.-Fort Worth 1997, writ dism'd by agr.). 60  The court should deny Point Three. There is overwhelming evidence to support the TUFTA claims, or any one of them, and the Receiver had standing to bring those claims. PRAYER Receiver prays that the judgment of the trial court be in all things affirmed. In the alternative, the case should be remanded for further proceedings. Respectfully submitted, George, Brothers, Kincaid & Horton, L.L.P /s/ John W. Thomas _______________________________ John W. Thomas State Bar No. 19856425 114 W Seventh, Suite 1100 Austin, TX 78701-3015 Telephone: (512) 495-1400 Facsimile: (512) 499-0094 jthomas@gbkh.com ATTORNEYS FOR APPELLEE, EDUARDO S. ESPINOSA, IN HIS CAPACITY AS RECEIVER OF RETIRMENT VALUE, LLC. 61  CERTIFICATE OF COMPLIANCE I certify that this brief was produced on a computer using Microsoft Work and contains 13,647 words, as determined by the computer software’s word- count function, excluding the sections of the brief listed in Texas Rule of Appellate Procedure 9.4(i)(1). /s/ John W. Thomas John W. Thomas CERTIFICATE OF SERVICE I hereby certify that a true and correct copy of the foregoing pleading was served upon the following listed counsel by the Court’s electronic service and pursuant to Rule 21a, Tex. R. Civ. P. , on this 13th day of July, 2015. Scott Lindsey Gardner Aldrich, LLP 1130 Fort Worth Club Tower 777 Taylor St. Fort Worth, TX 76102 slindsey@gardneraldrich.com /s/ John W. Thomas John W. Thomas 62  03-14-00518-CV IN THE COURT OF APPEALS FOR THE THIRD DISTRICT OF TEXAS AT AUSTIN James Poe and Senior Retirement Planners, LLC APPELLANTS v. EDUARDO S. ESPINOSA, IN HIS CAPACITY AS RECEIVER OF RETIREMENT VALUE, LLC APPELLEE Appeal from 200th Judicial District Court of Travis County, Texas (Hon. Gisela D. Triana, Presiding) APPELLEE’S APPENDIX I. Espinosa’s July 29, 2011 Affidavit [2ndSuppCR 53-68]……………….……...….Tab 1 A. Espinosa July 28, 2010 Report [2ndSuppCR 70-100]………….………. Tab 2 B. Espinosa April 30, 2011 Report [2ndSuppCR 102-139]...….………… Tab 3 C. Lewis & Ellis, Inc. Reports [ 2ndSuppCR 123-156] …….….……………. Tab 4 D. Espinosa July 29, 2011 Affidavit Exhibits. D – K ………….…….……… Tab 5 II. Burchett May 1, 2013 Affidavit [2ndSupp CR 233-272]………………..……. Tab 6 A. Ex. B Burchett Report [2ndSuppCR 273-279] ………………….………. Tab 7 B. Burchett Report Exhibits [2ndSuppCR 280-477] ………….………….. Tab 8 63 TAB 1  CAUSE NO. D-1-GV-10-000454 STATE OF TEXAS, § IN THE DISTRICT COURT OF § Plaintiff, § § v. § § RETIREMENT VALUE, LLC, § RICHARD H. "DICK" GRAY, IITLL § COUNTRY FUNDING, LLC, a § Texas Limited Liability Company, § TRAVIS COUNTY, TEXAS HILL COUNTRY FUNDING, a Nevada § Limited Liability Company, and § WENDY ROGERS, § § Defendants, § § AND § § NJESLING,PORTER,KIESLING,& § FREE,P.C., § § Relief Defendant. § 126th JUDICIAL DISTRICT AFFIDAVIT OF EDUARDO S. ESPINOSA BEFORE ME, the undersigned authority, on this day personally appeared Eduardo S. Espinosa, who is personally known to me, and after being duly sworn according to law, upon his/her oath duly deposed and said: l. My name is Eduardo S. Espinosa. I am over the age of twenty-one (21) years, of sound mind, and fully competent to testify in this cause. I have personal knowledge of the facts stated herein, all of which are true and correct. 2. I am a partner in the law firm ofK&L Gates, LLP. I was admitted to practice law in the State of Louisiana in 1996 and in the State of Texas in 1999. Prior to entering private practice, I was an Enforcement Attorney with the United States Securities and Exchange EXHIBIT I 1 53 TAB 1 Commission, where I investigated violations of and enforced the antifraud provisions of the federal securities Jaws. 3. The Court appointed me as the receiver for Retirement Value, LLC, a Texas limited liability company ("Retirement Value"), and the assets derived there from ofRichard H. "Dick" Gray ("Gray") and Bruce Collins ("Collins") pursuant to the First Amended Temporary Restraining Order and Order Appointing Receiver entered on May 5, 2010 (as extended as to all Defendants on May 12, 2010 and as extended as to Collins on June 2, 2010, (the "First Amended TRO") in the cause numbered D-1-GV-10-000454 and styled State of Texas v. Retirement Value, LLC, Richard H "Dick" Gray, and Bruce Collins, Defendants, and Kiesling, Porter, Kiesling, & Free, P.C., Relief Defendant, in the 1261h District Court of Travis County, Texas (the "Retirement Value Lawsuit"). 4. I continue as the court-appointed receiver for Retirement Value and Gray's assets derived therefrom pursuant to the Agreed Temporary Injunction Order against Defendants Retirement Value LLC and Richard H. "Dick" Gray and the Relief Defendant and Order Appointing Receiver entered on May 28, 2010 (the "Agreed TI") in the Retirement Value Lawsuit. 5. Initially, the First Amended TRO and now, the Agreed TI directs me to, among other things: take control of the property, assets, books, records, and the physical premises of Retirement Value; conduct and manage the business affairs of Retirement Value; notify investor- victims; assist the State Securities Board and the Attorney General with their investigations of the Defendants' violations of the Securities Act and other laws of the State ofTexas and to effect fair restitution, if possible, from the assets under my control according to a plan to be approved by the Court. 2 54  6. As directed in the Agreed TI, I have completed a diligent investigation into the identity of investor-victims, the amounts they paid to Defendants Retirement Value or Gray, any amounts already paid by Defendants Retirement Value or Gray to the investor-victims, and the circumstances under which their dealings with Defendants Retirement Value or Gray arose. The results of my investigation are detailed in my Initial Report of July 28, 2010 and in my Report of April30, 2011. Both reports have previously been filed with the Court. For convenience, I am attaching copies of each report to my affidavit (Exhibits A and B, respectively). The copy of the Initial Report attached to this affidavit does not have the exhibits attached as they are voluminous and already part of the Court's record. 7. Retirement Value is insolvent. The market value of the assets it holds is far less than its debts. Retirement Value owes $125.1 million in debt. Almost all of this debt is owed to the investors -- $77.6 million in principal and $47.2 million in interest. It also owes about $100,000 to various vendors and other trade creditors. In addition, Retirement Value faces a claim for employment discrimination as well as other unliquidated claims. To pay these debts Retirement Value has approximately $29 million in cash and a portfolio of policies with an estimated liquidation value of$5.7 million. 8. Retirement Value also holds claims against its members, licensees and others. It has reached tentative agreements to settle its claims against Dick Gray and Kiesling Porter. These settlements are anticipated to generate approximately $1.3 million in cash and assets. While Retirement Value remaining claims are meritorious, it is not possible to estimate their value at this time. 9. Retirement Value had planned to repay its debt to the investors (or at least represented that it would do so) by holding the policies in its portfolio to maturity and using the 3 55 proceeds of the policies to pay the investors. Retirement Value's initial plan has zero chance of success. It needs approximately $42.7 million in additional reserves just to get each policy to the insured's life expectancy- the point at which the insured as a 50/50 chance of having died. As it stands currently, no policy has sufficient reserves to keep it in force until life expectancy. Most policies are significantly under-reserved and many policies either have already exhausted their reserves or will run out in just a few months. 10. Simply holding the policies and attempting to keep them in force through maturity using only the funds reserved for each policy will not work. Even worse, attempting to do so will deplete the estate, leaving it unable to pay the investors at alL The portfolio must be either restructured or liquidated. 11. The first option is simply to liquidate the portfolio and to pay the proceeds of the sale of the policies plus any remaining cash to the creditors. Liquidation has the virtue of being quick and relatively inexpensive. A sales process designed to maximize the sales price should take approximately six to twelve months, depending on the level of interest. The portfolio is in good shape for sale currently. Each of the policies is in force, has a current illustration and a current life expectancy calculation from a reputable source. We have already received several unsolicited expressions of interest in the portfolio and anticipate that by soliciting offers we could have a number of potential offers within a reasonable period of time. The primary expense would be the premiums necessary to keep the policies in force until sale. 12. The downside of liquidation is that it will return relatively little value for the portfolio. The fair market value for the policies is between $4.3 million and $7.1 million. Using the middle value of$5.7 million plus the cash and other assets on hand, sale of the estate's assets would yield approximately $35 million dollars in distributable cash. With over $77 million in 4 56 claims, that means that the estate would only be able to return approximately 45% of each investor's initial investment to them. In effect, liquidating the portfolio locks in the loss associated with the difference between the purchase price paid by Retirement Value for the portfolio and its actuarial value. 13. How the funds will be distributed- either on a pro rata basis or on a policy by policy basis - does not impact the total return to the investors as a group from liquidation. It does, however, have a significant impact on the distribution of funds among the investors. Under a pro rata method, all investors will recover equally based on the amount invested. Under a policy by policy method, some investors will recover more than 44%; others will recover much less. Who recovers what, depends on the market value of the policies a particular investor invested in and the reserves actually maintained for that policy. Under the policy by policy method, whether an investor participated in policy PLI140 will also play a significant role as PLI140 investors would recover more than investors who did not invest in PLI140. 14. The second option is to hold the policies to maturity distributing the net proceeds after payment of premiums and other expenses to the investors. The option will take longer to pay out as it requires waiting for the policies to mature. However, it will recover significantly more than liquidation. After analyzing the Portfolio, L&E has determined that if the Receiver administers the estates' assets as single Portfolio, then the Portfolio is expected to yield $77.9 in cash for the investors at maturity, an amount sufficient to repay 100% of the amount invested. Statistically speaking, there is: (i) a 68% probability that the cash available for the investors will be between $70 million and $85 million (returning between 91% and 110% of the investors' initial investment) ; and (ii) a 95% probability that the cash available for the investors will be between $62.5 million and $92.5 million (returning between 81% and 120% of the investors' 5 57 initial investment) L&E Revised Valuation Report dated June 27, 2011 attached as Exhibit C to my affidavit. 15. Under this option, all of the assets of the estate would be available to pay premiums on all of the policies in the Portfolio. When a policy matures, the proceeds of the policy will be used to pay premiums on the policies that have not matured. Since the life expectancy of each insured is a median, some of the policies should mature prior to their stated life expectancy and some will mature after their stated life expectancy. The policies that mature early will generate proceeds that the estate can use to pay the premiums for policies that have yet to mature. By using all of the available cash to pay premiums as they become due, the estate can disregard the significant and often imminent shortfalls in the reserve accounts to maintain all of the policies in force and realize their maturity. 16. Managing the Portfolio in this manner requires significantly less cash at the onset than attempting to manage the portfolio on a policy by policy basis. Because proceeds from maturing policies can be used to pay future premiums, the estate need not reserve 100% of its future cash obligations. Instead, it can rely on statistical probabilities to determine its probable cash requirements. Based on the 100,000 scenarios modeled by L&E, Retirement Value needs only $19.9 million in cash on-hand to have adequate resources to pay premiums in 97.5% of the scenanos. 17. An incidental benefit of a single Portfolio is an enhanced ability to manage the on-hand cash. As currently structured, the Receiver has 50 bank accounts, one for each policy's premium reserves and a cash account. Each account's cash balance must be maintained segregated, liquid and available to pay the premiums for the corresponding policy. This results in a significant amount of cash sitting idle at a fmancial institution. At the simplest of levels, 6 58 consolidating the portfolio allows for the deposits to be consolidated and deposited in various CD's with staggered terms structured to mature in accordance with the estate's cash needs. The estate could thus avail itself of the higher interest rates that are available for longer term deposits without exposing its assets to additional financial risk. 18. The hold strategy works only if Retirement Value's assets are treated as a single portfolio and managed for the proportionate benefit of all investor victims. Attempting to retain the policy by policy structure envisioned by Retirement Value and hold the policies to maturity is simply not possible. No policy has sufficient reserves to maintain the policy in force for the insured's life expectancy. Thus, each policy has less than (often, significantly less than) a 50/50 chance of maturing before the premium reserves are exhausted. If we attempted to hold the policies to maturity without consolidation, the most likely result would be that a handful of policies would mature and the remaining policies would exhaust their reserves and lapse. In other words, a few investors would recover a small portion of their investment but that most would recover nothing. If the portfolio is not consolidated so that each investor shares on a pro rata basis, the only prudent course is to liquidate. 19. To that end, I have proposed a Plan of Distribution that contains the following points: • The investors will be paid on a pro rata basis up to the amount of their claims, as funds become available for distribution. No investor has an interest in or entitlement to the proceeds of any particular policy. • The investors will have priority over the general creditors (e.g., trade creditors). • Investor claims will be valued on a "net investment" basis - dollars invested less dollars received from Retirement Value. This will have a limited effect on the majority of investors but reduces the claims of investors who also happen to be licensees by the amount of the commissions received. • I will publish a schedule of claims. Only those claimants (i) whose claims are scheduled as disputed; (ii) whose claims are not scheduled or (iii) who dispute the 7 59  amount or classification of their claim will need to take further action by filing a proof of claim. Proofs of claim must be filed by a bar date, to be set by the Court. The overwhelming majority of claimants will not need to do anything to preserve their claim. • As policies mature and portfolio variables in the model become known, I will periodically review the portfolio cash reserves, and make distributions of excess cash flows, when on-hand cash exceeds the forecasted reserve requirements. • Reserve levels will be maintained at levels equal to the necessary premium reserves calculated at the 97'li percentile in the most recent stochastic model prepared by the estate's actuaries plus a reserve for expenses and contingencies. • There will be an initial distribution of $7.7 million payable in 2011. Further distributions will be made as excess net cash flow funds become available. I solicited comments on the Plan of Distribution from the Intervenors and other investors as well as the State. I also posted the Plan on the Receivership website. 20. I anticipate making further distributions in the future. As maturities occur, I expect that cash on hand will exceed the reserves necessary to keep the policies in force. At those points, I will make additional distributions. The frequency and amount of future distributions will depend upon the timing of future maturities and recoveries from claims asserted by the Estate. 21. The Plan that I have proposed provides the best likelihood of paying the most money to the most investors. It treats all investors equally with no investor or group of investors prevailing over the others. It is also in line with how Retirement Value actually operated its business (as opposed to how Retirement Value represented it would do so). Retirement Value treated the policies it held as a single portfolio taking funds as needed from various reserve accounts to purchase policies unconnected to those accounts. 22. In the course of my investigation of the business affairs of Retirement Value, I personally interviewed several Retirement Value employees, including without limitation, Gray on May 6, 2010, and Wendy Rogers ("Rogers") on May 7, 2010. Further, my agents interviewed 8 60 several Retirement Value employees, including without limitation Carie Morales ("Morales") on May 11, 2010. I have also reviewed numerous documents and other records I or my agents found in Retirement Value's offices located at 707 N. Walnut, New Braunfels, Carnal County, Texas as well as records stored on Retirement Value's computers. 23. Among the records I reviewed were QuickBooks accounting files maintained by Retirement Value and by Kiesling Porter Kiesling & Free, PC ("KPKF"), who acted as the nominal escrow agent for Retirement Value's Resale Life Insurance Policy Program ("RSLIP"). I also reviewed bank records, wire transfer instructions, payment instructions and escrow release instructions evidencing the movement of funds among the accounts maintained by KPKF on behalf of Retirement Value and the transfer of funds from KPKF to Pacific Northwest Title, which acted as the escrow agent pursuant to the policy purchase agreements between Retirement Value and James Settlement Services. I also reviewed accounting records provided by Pacific Northwest Title. All of these records have been produced to the parties. Because ofthe size of these records, I have summarized relevant portions of them in this affidavit. 24. In my review of these records, I identified 84 instances where Retirement Value instructed KPKF to pay for a policy using funds reserved for other policies. I also identified numerous instances where Retirement Value allowed James Settlement Services to direct Pacific Northwest to use funds directed to the purchase of one policy for the purchase of a different policy. As an example, Retirement Value sent in excess of $4 million to Pacific Northwest on account of policy PLI140-1111 09-DM. Of those funds, only $2.36 million was applied to that policy. In addition, there were a number of accounts at Pacific Northwest which had positive balances even after the policy had been paid in full and delivered. In other instances, Pacific 9 61 Northwest applied more to a given policy than the stated purchase price or than Retirement Value sent on account of that policy. 25. I also discovered that Retirement Value routinely directed KPKF to deliver funds to Pacific Northwest for the purchase of policies before Retirement Value had raised and received sufficient funds from investors to pay the purchase price of the policy and to maintain the promised premium reserve. In a number of instances, Retirement Value directed KPKF to deliver funds to Pacific Northwest even before Retirement Value had raised and received sufficient funds from investors to pay for the purchase price. These instructions created a risk that Retirement Value would purchase policies but be unable to establish the promised reserves to pay premiums creating a risk of default by Retirement Value on the investments tied to that policy. In most cases, these funds were released to Pacific Northwest without requiring delivery of the policies which the funds were intended to purchase. 26. In addition, my review of the records indicates Retirement Value routinely allowed Pacific Northwest to disburse funds to James Settlement Services as funds became available and without requiring delivery of the policies. Allowing the escrow agent to disburse funds without requiring the delivery of policy being purchased defeats the purpose of the escrow and leads to a risk that policies would be paid for and not delivered. As of the date I was appointed (May 5, 2010), Retirement Value was party to contracts to purchase 12 policies of insurance from James Settlement Services. At Retirement Value's instructions, KPKF had delivered $7.1 million towards the purchase of these policies; of which $6.5 million had been released to James Settlement Services without delivery of the policies. 27. In order to discover the extent of the commingling, I directed that my agents examine the payment instructions provided by Retirement Value to KPKF and the corresponding 10 62 payment instructions from KPKF to Pacific Northwest. An example of these instructions is attached as Exhibit D to my affidavit. My agents reviewed the payment instructions relating to the reserve accounts for policies PLI140-1111 09-DM, LFG740-071509-RL and AXA091- 012110-PC. They have srnnmarized the disbursements made to purchase policies from those accounts in a Summary of Reserve Disbursements, which is attached as Exhibit E to my affidavit. This analysis reveals that it is not possible to trace the investment by any particular investor to the purchase of any particular policy. 28. According to Retirement Value's records, it paid $4,290,000 to purchase policy PLI140-111109-DM. KPKF disbursed $3,290,000 from various reserve accounts to Pacific Northwest to purchase the policy. Summary of Reserve Disbursements at 1. Retirement Value separately sent $1,000,000 from its operating account to Pacific Northwest on account of policy PLI140. The purchase price for PLI140, according to the purchase agreement between Retirement Value and James Settlement, was only $2,360,000. Records provided by Pacific Northwest, confirm that $2,360,000 was applied to the PLI140 policy- leaving $1,930,000 "paid" on behalf of PLI140 but actually used to purchase other policies. From the records available to me, I cannot detennine which of the fi.mds sent to Pacific Northwest to purchase the PLI140 policy were actually used for that purpose. 29. Ofthe funds sent to Pacific Northwest to purchase the PLI140 policy, only 18.2% came from the appropriate account. The remaining 81.8% came from Retirement Value's operating account and from thirteen different reserve accounts. !d. Instead of using the funds in the PLI140 reserve account to buy that policy, Retirement Value used them to purchase other policies. KPKF's records reflect that it disbursed $2,205,507 from the PLI140 reserve account 11 63 for the purchase of policies. Of these funds, $779,967 went towards the purchase of policy PLI140 and $1,425,540 went towards the purchase of other policies. !d. at 2 30. According to the purchase agreement between Retirement Value and James Settlement Services, the purchase price for LFG740-071509-RL was $1,040,000. However, both the records provided by Pacific Northwest and by KPKF show that $1,250,000 was paid for the policy. The records available to me do not explain the $210,000 discrepancy between the purchase price (as set by the purchase agreement) and the amount actually paid for policy LFG740. Of the $1,250,000 paid for the policy, only $10,000 (0.8%) came from the reserve account dedicated to policy LFG740. The remaining $1,240,000 (99.2%) came from fifteen other reserve accounts. !d. at 5. Kiesling Porter disbursed $387,000 from the LFG740 reserve account to Pacific Northwest for the purchase of policies. Of that, only $10,000 went towards the purchase ofLFG740. The remainder was used to purchase three other policies. Id. at 6. 31. According to the purchase agreement between Retirement Value and James Settlement Services, the purchase price for policy AXA091-012110-PC was $1,300,000. Of the $1,300,000 paid for the policy, only $222,101 (17.1%) came from the reserve account dedicated to policy AXA091. The remaining $1,077,899 (82.9%) carne from eight other reserve accounts. !d. at 3. KPKF disbursed $1,359,904 from the AXA091 reserve account for the purchase of policies. Of that, $222,101 went to purchase policy AXA091 and the remaining $1,137,803 was used to purchase twelve other policies. !d. at 4. 32. Based on the results of the review of the three accounts (PLI140-111109-DM, LFG740-071509-RL and AXA091-012110-PC), the documentary evidence of pervasive commingling throughout the life ofRetirernent Value and Dick Gray's testimony that Retirement 12 64 Value commingled funds from the beginning of its operations, I determined that further analysis of the reserve accounts would not yield different or better information. 33. The mishandling of the reserve accounts described above caused Retirement Value to have less in reserve than it promised as part of the RSLIP. According to the RSLIP documents, Retirement Value agreed to maintain sufficient reserves to pay premiums on the policies it acquired for the life expectancy of the insured (as calculated by Midwest Medical Review) plus 24 months. As of May 5, 2010, the reserve accounts for the fully subscribed policies on a net basis were short by $272,159.87. Some of the reserve accounts on the fully subscribed policies had more than the required amount while others had less than the required amount. When the reserve accounts for the policies that were not fully subscribed are included, the total reserves are short by $14.2 million from the LE+24 level promised by Retirement Value. Taking into account reserves allocated for policies not acquired and for $2.6 million of investor money that was never placed into reserve accounts, the total reserve shortfall (from the LE + 24 level) is approximately $3 million. I have attached my calculations of the reserve shortfalls as F to my affidavit. 34. Retirement Value's use of unreasonably short life expectancy calculations caused additional shortfalls in the necessary premium reserves. In the course of its investigation, the State obtained life expectancy calculations by 21st Services and AVS Underwriting, LLC on many of the persons insured under policies owned by Retirement Value. Comparison of their calculations to those by Midwest Medical show that the life expectancies calculated by 21st and AVS, on the same individuals generated at or about the same time, were about 2Y2 times as long. Due to the questions raised by the State and to obtain the best possible information, the Receiver obtained his own life expectancy calculations from Insurance Strategies Services, LLC ("ISC"), 13 65 another major provider of life expectancy calculations. These calculations were based on the most current medical information available from the insureds and their doctors. The ISC life expectancy calculations are comparable to those of AVS and 21st and more than twice as long as the median calculations provided by Midwest MedicaL The chart below summarizes the results from Midwest Medical, 21st Services, A VS and ISC. Midwest Medical 21>t AVS ISC (50%) (85%) (50%) (50%) (50%) Portfolio Only Data 49 48 38 49 48 AverageLE (in months) 52.43 83.69 121.03 134.67 123.98 %Mlvf (50%) 160% 231% 257% 236% Because the JSC life expectancy results are comparable to those of A VS and 21st and because of the good reputation enjoyed by ISC, my actuarial consultants and I are comfortable that ISC's calculations fairly estimate the life expectancies of the insureds. 35. Retirement Value reserved too little money to pay premiums because it relied on life expectancy calculations that were too short. Because the insureds' life expectancies are more than twice as long as originally represented, I will need to pay premiums for a longer period of time that anticipated. In addition, the premiums that I will have to pay are higher than originally anticipated because the premiums necessary to keep a policy in force increase as the insured ages. As a result, Retirement Value did not reserve sufficient funds to pay premiums. 36. To better understand the magnitude of the reserve shortfall, I had my actuaries, L&E, determine how much money would be needed to maintain each policy in force until the life expectancy of the insured. Using infonnation provided by the insurance companies, L&E was able to estimate the cost of maintaining the insurance in force for the insureds' life expectancy. It estimates the cost of maintaining the 4 8 remaining policies in force during the 14 66 insured's life expectancy will be approximately $58 million from February 28, 2011 onward. The reserves set aside for those policies originally were only $15.3 million. 1 37. In addition to computing the total reserve required to maintain each policy through the insureds' life expectancy, L&E also calculated how long each premium reserve account would be expected to last using the anticipated premium cost for the applicable policy. Not a single policy has sufficient reserves to maintain the policy in force for the insured's life expectancy. In other words, each policy has less than a 50/50 chance of maturing before its premium reserves are exhausted. 38. I have also reviewed the insurance policies owned by Retirement Value, records provided by the insurance companies as well as the change of beneficiary forms executed in connection with those policies. No investor is or was named a beneficiary, much less an irrevocable co-beneficiary, on any of the policies owned by Retirement Value. The sole beneficiary was KPKF. I have seen no indication on any of the documents that I have reviewed that KPKF was named an irrevocable beneficiary on any policy owned by Retirement Value. In every instance in which the insurance company identified the nature of KPKF's beneficiary designation, the insurance company noted that KPKF was a revocable beneficiary. 39. Attached as Exhibits G, H, I, J and K are true and correct copies of documents that are kept by Retirement Value in the regular course of its business, and such records are made at the time of the acts, transactions, occurrences and/or events reflected in the records, or within a reasonable time thereafter, by someone with personal knowledge of such acts, transactions, occurrences and or events. 1 These are the reserves allocated to specific policies. This figure does not include funds by the Receiver that are not dedicated to any particular policy or funds received in connection with the maturity of policy PLI140-llll 09-DM. 15 67 FURTHER AFFIANT SAYETH NOT. SUBSCRIBED AND SWORN: TO BEFORE ME thi~ dayof July 2011. Notary Public. 16 68 TAB 2  INITIAL REPORT OF EDUARDO S. ESPINOSA, TEMPORARY RECEIVER FOR RETIREMENT VALUE, LLC A TEXAS LIMITED LIABILITY COMPANY As of July 28, 2010 Issued in connection with that certain matter pending before the 126th District Court of Travis County, Texas, Cause Number D-1-GV-10-000454 70 I. Background and Status of the State's Suit .......................................................................... 1 II. The Appointment of the Receiver ....................................................................................... 2 III. The Receiver's Investigation ............................................................................................... 3 A. Nature of the Investment ......................................................................................... 4 B. Use oflnvestor Funds by Retirement Value ........................................................... 5 C. Fraud in the Sale of Investments ............................................................................. 7 1. The Investors Are Not Irrevocable Co-Beneficiaries .................................. 8 2. Investor Funds Were Not Held in Escrow .................................................. 8 3. Retirement Value Overstated the Likely Return from the Investments and Understated the Likely Risks .............................................................. 11 4. Retirement Value failed to disclose the risk of regulatory action ............. 19 5. Other Issues ............................................................................................... 19 IV. Actions to Preserve and Protect the Estate ........................................................................ 20 A. Cash and cash equivalents ..................................................................................... 21 B. Policies .................................................................................................................. 22 C. Professional Advisors ............................................................................................ 23 1. Asset Servicing Group .............................................................................. 23 2. Lewis & Ellis ............................................................................................. 24 3. BKD LLP .................................................................................................. 25 D. Issues Confronting the Portfolio's Administration ............................................... 25 1. Portfolio Value .......................................................................................... 25 2. Insufficient Premium Reserves ................................................................. 26 3. The portfolio structure ............................................................................... 27 V. Conclusions ....................................................................................................................... 28 71  INITIAL REPORT OF EDUARDO S. ESPINOSA, TEMPORARY RECEIVER FOR RETIREMENT VALUE, LLC On May 5, 2010, the 126th Judicial District Court of Travis County, Texas (the "Court") appointed Eduardo S. Espinosa as the temporary receiver for Retirement Value, LLC, a Texas limited liability company. Since then, my team and I have been engaged in: (a) gathering and preserving Retirement Value's assets; (b) investigating claims against Retirement Value by investors and others; and (c) investigating Retirement Value's potential claims against its principals and other participants in its Re-Sale Life Insurance Policy Program. We have also spoken or corresponded with many of the investors. However, because there are more than 900 investors, it is not possible for us to communicate with each investor, individually. This report updates the investors, the Court and the public as to the status ofthe Receivership. I. Background and Status ofthe State's Suit On May 5, 2010, the State of Texas filed suit against Retirement Value, Gray and Collins alleging that they were selling unregistered securities, engaging in securities fraud and violating the Texas Deceptive Trade Practices Act. Among other things, the State sought the appointment of a receiver for Retirement Value, the issuance of temporary and permanent injunctions against the defendants and restitution for the losses suffered by investors. The State subsequently amended its suit to include Wendy Rogers as a defendant, and to seek a receivership over Hill Country Funding, LLC, a Texas limited liability company ("HCF-TX"), and Hill Country Funding, LLC, a Nevada limited liability company ("HCF-NV"), each a Retirement Value affiliate. On May 28, 2010, the Court entered, by agreement ofthe parties, a temporary injunction against Gray and Retirement Value and continued the Receiver's appointment. The temporary -1- 72 injunction and the receivership will remain in place until the end of the trial of this matter, which is currently scheduled for February 28, 2011. Bruce Collins has agreed to the entry of a permanent injunction which the Court entered on June 17, 2010. He has also entered into a settlement with the Receiver under which Collins transferred approximately $319,000 in cash and other assets to the Receiver. On June 17, 2010, the Court approved the settlement between Collins and the Receiver. II. The Appointment of the Receiver Whenever there are allegations of fraud in an investment context, particularly if there are assets remaining in the estate, the State will usually seek the appointment of a receiver to preserve the assets and protect them from being dissipated by the individuals accused of fraud. ' The Receiver's duties include: (a) collecting and preserving the receivership assets; (b) notifying the investor-victims ofthese proceedings; (c) attempting to effect fair restitution to the investor- victims based on a plan to be approved by the court; and (d) assisting the State in its investigation of the Defendants and those who dealt with them. The Receiver has retained the law firm of K&L Gates, LLP to represent him in connection with this case, to assist him in the performance of his duties and to prosecute or defend litigation on behalf of Retirement Value. The Receiver is a partner in K&L Gates. He has also retained the following professionals: • BKD, LLC to act as the Receiver's accountants and to prepare the Receivership's books and records; • Asset Servicing Group to act as a portfolio manager for Retirement Value's policies and to advise the Receiver on how to maximize the policies' value; and • Lewis & Ellis to provide actuarial consulting as to the portfolio's value and the funds necessary to keep the policies in force. -2- 73 The fees of the Receiver, K&L Gates and the other professionals employed by the Receiver are subject to the approval ofthe Court. III. The Receiver's Investigation Once appointed, the Receiver instituted an investigation into the business and assets of Retirement Value and its affiliates. The investigation is intended to: (l) determine Retirement Value's current status and to assess the investors' claims against it; (2) identifY, gather and protect any assets belonging to Retirement Value; and (3) to uncover and prosecute viable claims against members, officers, licensees and others who have done business with Retirement Value. The investigation, although well under way, is not complete. To date, we have interviewed most of Retirement Value's employees, including Dick Gray, Wendy Rogers and Bruce Collins as well as key employees of Kiesling Porter. We have also spoken with many investors and licensees to gain their perspectives on the investment offered by Retirement Value. In addition, we have spoken with representatives of each bank known to have done business with Retirement Value as well as representatives of the insurance companies which have issued policies owned by Retirement Value. We have also spoken with Ron James of James Settlement Services, which sold the policies to Retirement Value. We have searched Retirement Value's offices for the purpose of gathering and examining records relating to the operations of Retirement Value. We have also obtained and reviewed the accounting records maintained by Retirement Value and Kiesling Porter as well as banking and other financial records. In addition, we have gathered some 236 gigabytes of data (if printed, that would be roughly about 14 million- pages of information) from Retirement Value's computers. In addition, we have obtained access to substantial additional Retirement Value data stored by various vendors. With the assistance of the Texas Department of Insurance, we have -3- 74 also gathered additional documents and records from the insurance companies. We have also reviewed recordings ofRetirement Value's monthly sales meetings and calls with licensees. As a result of the investigation, we have been able to reach certain preliminary conclusions as to the business conduct ofRetirement Value. A. Nature of the Investment From April 2009 through March 29, 2010, Retirement Value raised approximately $77 million from more than 900 investors through the sale of investments in its Re-Sale Life Insurance Policy Program. Each of the investments was structured as a loan to Retirement Value, whereby the investors provided Retirement Value with funds in exchange for Retirement Value's promise to pay a fixed sum of money at an undetermined date in the future. The amount that Retirement Value agreed to pay was tied to the calculated life expectancy of insureds under life insurance policies purportedly owned by Retirement Value. In all instances, Retirement Value agreed to pay a return of 16.5% simple interest per year for the insured's calculated life expectancy. Thus, Retirement Value would pay $18,800 on a $10,000 investment in a policy where the insured had a calculated life expectancy of 64 months. The date on which the insured under the policy died set the date that the investment matured and when Retirement Value would be required to repay the loan. The loan's maturity date did not affect the amount of money that Retirement Value was obligated to pay the investor, except that investors were entitled to a return of unused premiums, if any. Each investor was allowed to select a life insurance policy or policies to which to tie his or her investment from a rotating portfolio of ten policies maintained by Retirement Value. Investor Agreement- Qualified (Exh. A-1); Investor Agreement- Non-Qualified (Exh. A-2). 1 1 The exhibits to this report are contained in the Appendix to the Initial Report. -4- 75  B. Use oflnvestor Funds by Retirement Value Retirement Value used funds received from investors to purchase insurance policies, to set up premium reserves, to pay administrative costs, including commissions to its licensees, fees payable to Kiesling Porter and to fund its operations. The amount of the premium reserve for a given policy was calculated by Retirement Value based on: (i) the life expectancy of the insured, as calculated by Midwest Medical, plus 24 months; and (ii) a schedule of estimated premiums provided by the seller of the policies, James Settlement Services, LLC. 2 Retirement Value paid Kiesling Porter a fee equal to 1% of the face value of each policy and the licensees a commission of no less than 16% of the money invested. Any money not allocated towards purchasing the policies, establishing premium reserves or paying administrative costs was immediately released by Kiesling Porter to Retirement Value. All money paid by investors was received by and held in accounts administered by Kiesling Porter. On any given investment, after funds cleared and the 10-day free look period expired, 3 Retirement Value would instruct Kiesling Porter as to the distribution of the funds. Based on instructions received from Retirement Value, Kiesling distributed money to the licensees involved in the particular investment, to Retirement Value's operating account and to itself as payment for its fee. The remaining funds were placed in sub-accounts dedicated to the particular policies in which the investor invested. As of May 5, 2010- the date that the TRO was entered, Retirement Value had distributed the following amounts: 2 This schedule was an estimate. It did not reflect the premiums actually due on the policies or ultimately paid by Retirement Value. 3 The 10 day free look commenced running upon Kiesling Porter's receipt of executed documents or funds from the investor, whichever came first. Accordingly, the 10 day free look period often ran contemporaneously with the funds clearing process. -5- 76  ~!ir~~~~i*~~~~fifilf~ James Settlement Services, LLC $27,939,063.00 (via Pacific Northwest Title) Retirement Value, LLC Operating $10,251,508.49 Kiesling, Porter, Kiesling & Free PC $1,275,666.48 Licensees $12,796,389.76 KPKF Accounting Record Excerpts- Vendor Distributions (Exh. B). Retirement Value used the remaining funds to pay premiums and to fund the premium reserve accounts. There are approximately $23 million remaining in the various reserve accounts. The Defendants or members of their immediate families received the following amounts from Retirement Value prior to the issuance of the TRO: Dividends (10/6/09 to 3/5/10) $2,139,000 Dividends (10/6/09 to 3/5/10) $688,000 20 I 0 Tax Prepayment 599,200 2010 Tax Prepayment 149,800 Dick Gray salary (2009-10) 210,574 Wendy Rogers salary (2009-10) 133,693 C Gray (2009-10) 45,833 Wendy Rogers, Licensee 12,300 Dick Gray, Licensee 13,400 Honorariwn as COO $75,000 Buyout Agreement (2010) $231,155 B Collins, Licensee 43,390 Dividends ( 2009) 579,307 Collins Marketing, Licensee 469,799 Total Total RV & KPKF Accounting Record Excerpts- Insiders (Exh.C). Retirement Value also diverted over $1 million to HCF-TX, a company owned and controlled by Dick and Catherine Gray. In a series of transactions occurring in February and March of2010, Retirement Value and-HCF-TX transferred significant sums of money between 4 David Gray is the brother of Dick Gray and a former member (owner) of Retirement Value. Elizabeth Gray is David Gray's wife. -6- 77 them. The net result ofthese transactions was the transfer of$1,150,000 from Retirement Value to HCF-TX. RV Accounting Record Excerpts- RV to HCF (Exh. D). Dick Gray explained these transfers as money that he intended to use to reimburse previous investors whom he had convinced to invest in a Ponzi scheme operated by Secure Investment Services, Inc. On March 30, 2010- the day that the Texas State Securities Board served its emergency cease and desist order on Retirement Value, Dick Gray obtained a cashier's check drawn on the HCF-TX account at First Commercial Bank in the amount of $1,075,000 5 and withdrew all of the funds remaining in Retirement Value's bank account ($342,000). He deposited these funds into an account at JP Morgan Chase in the name of Special Acquisitions, Inc., a Texas corporation ("Special Acquisitions"). Id. Special Acquisitions was formed on March 30, 2010 by Carie Morales, a part-time employee of Retirement Value and a long-time friend of Wendy Rogers. According to state records and the statements of Ms. Morales and Ms. Rogers, Carie Morales was Special Acquisitions' sole owner, officer and director. Special Acquisitions Formation Records (Exh. E). The signatories on the Special Acquisitions account at JP Morgan Chase were Ms. Rogers and Ms. Morales. Gray and Rogers intentionally created a corporation, in which the public record did not reflect them as having any interest in; to hide Retirement Value's remaining assets from the State as it continued its investigation. The Receiver discovered this account during the search of Retirement Value's offices on May 5 and immediately took steps to seize these funds C. Fraud in the Sale oflnvestments The investigation to date has uncovered substantial evidence of fraud in the sale of investments by Retirement Value and its licensees in the Re-Sale Life Insurance Policy Program. 5 This money is directly traceable to the $1,150,000 transferred from Retirement Value. -7- 78 This fraud covers most aspects of the program from the structure of the investment, the protections offered to the investors to the potential return and risks of the investment. Material misstatements and omissions were made to the investors regarding the Re-Sale Life Insurance Policy Program, denying them the opportunity to make an informed investment decision. Quite simply, the investors have not received the investment that they were promised. 1. The Investors Are Not Irrevocable Co-Beneficiaries The investors were promised that they would be "irrevocable co-beneficiaries" in the policies associated with their investments. RV Marketing Materials (Exh. F) at F-1, p.3, F-2, p.3, F-5, p.4, F-6, p.7. Kiesling Porter was the only named beneficiary under the policies. It, however, owed no contractual duty to the investors and was, itself, merely a revocable beneficiary. In short, the investors have no contractual interest in or lien on the proceeds of the policies. And, Retirement Value had no contractual obligation to maintain the policies, particularly beyond the calculated life expectancy plus 24 months. 2. Investor Funds Were Not Held in Escrow The "escrow accounts" into which the investor's money was deposited were not true escrows. Retirement Value and its licensees6 represented that all investor ftmds would be deposited in "escrow accounts" that would be managed by Kiesling Porter in its role as an "independent escrow agent" and that Retirement Value would not receive or handle investor money. Id. at F-1, p.2, 5, F-2, p.2, 5. In addition, Retirement Value represented that funds would be placed in sub-accounts tied to each policy owned by Retirement Value. Retirement Value described Kiesling Porter's role as "your Third Party Fiduciary," which would assure the 6 According to Dick Gray and corroborated by records reviewed in the investigation, Retirement Value approved the promotional materials used by the licensees and created some materials for use by the licensees. -8- 79 safe-keeping of investor money. Id. at F-6, p.8. Retirement Value made numerous comments about the role of Kiesling Porter as the "protector" of the investor's funds. Id. at F-1, p.5, F-2, p.5. For example, at the July 20091icensee meeting, Dick Gray described Kiesling Porter's role as "representing the money and protecting the money and protecting you from us in a sense." July 2009 Meeting, Disk 2; Transcript (Exh. G) at 2. Although Brent Free of Kiesling Porter was present, he did not contradict this statement Later at the July 2009 meeting, Free described Kiesling Porter's role, "Our job is to safe guard the money and as the anti drug campaign used to say 'just say no.' ... Our job as escrow agents is ... as I said is to make sure the money is safe" Id. at 9. 7 These statements significantly misstate the role of Kiesling Porter and the nature of the premium reserve accounts. First, the funds loaned to Retirement Value by the investors were not held in escrow and Kiesling Porter did not act as an escrow agent An escrow agreement requires at least three parties- the two parties to the transaction and the escrow agent Further, to create an escrow, the depositor- in this case, Retirement Value- must make an irrevocable deposit with the escrow agent and cede all control over the escrowed funds to the escrow agent The escrow agent owes fiduciary duties to both parties to release the escrowed property only upon the occurrence of the conditions set forth in the escrow agreement. The "master escrow agreement" between Kiesling Porter and Retirement Value does not satisfY this test. The only parties to the agreement were Kiesling Porter and Retirement Value. Master Escrow Agreement (Exh. H) at~ 23 Further, Kiesling Porter agreed to "disburse funds as directed by Retirement [Value]" and that its liability was limited to transferring funds into sub- 7 At this point, Free also vouched for Gray, Retirement Value and the Program. See July 2009 Meeting, Disk 2 (Transcript at 8)("[W]hen we talked with Dick about this about a year ago he explained what it was and we did as much research as we could and we felt very comfortable with him in the whole process."). -9- 80 accounts "as directed by Retirement [Value];" paying premiums "upon written instruction by Retirement [Value];" and "disbursement ofre-sale life insurance proceeds upon death of insured in accordance with written instruction from Retirement [Value]." Master Escrow Agreement at ~~ 6, 8. In other words, Kiesling Porter acted only as the agent of Retirement Value. And, far from acting as the investors' "Third Party Fiduciary," Kiesling Porter expressly disavowed any duties to the investors. This Agreement is solely between Retirement [Value] and Kiesling [Porter]. Neither Participants investing funds nor Licensees are intended to be nor shall they be a party to this Agreement or a third-party beneficiary of this Agreement. Kiesling [Porter] has no responsibility, obligations or duties to such Participants and will have no contact with Participants other than the receipt of funds and transfer of such funds as directed by Retirement [Value]. Master Escrow Agreement at~ 23 (emphasis added). Second, Retirement Value (with the acquiescence of Kiesling Porter) repeatedly commingled the funds held in the sub-accounts. Retirement Value routinely directed Kiesling Porter to take funds out of a sub-account dedicated to one policy to pay the purchase price owed to James Settlement Services on a second policy. As an example on March 25, 2010, Retirement Value directed Kiesling Porter to pay $552,384 towards the purchase of policy A VL180-030510- MR8 but to take the funds from the sub-accounts for the following policies: ~Ef~~tir~lieli~~-t~l!l~-ctmf4! AXA091-012110-PC $ 61,878 AXA335-022410-PS $ 54,235 AVL180-030510-MR $136,045 LFG735-030510-AS $ 53,300 LFG311-031210-HM $ 96,450 AXA036-031610-PC $ 26,817 JHL633-03121 O-CT $123,659 Total $552~384 8 To preserve the insureds' privacy, we are using the policy codes used by Retirement Value to sell the investments. -10- 81 Only $136,045 of the payment for the AVLlS0-030510-"MR policy came from the correct sub- account. The remaining $416,339 came from accounts that were to be set aside solely to pay expenses related to other policies. Kiesling Porter followed these instructions, without comment. Copies of Retirement Value's instructions to Kiesling Porter and Kiesling Porter's transmittal to Pacific Northwest, redacted to protect the underlying insured privacy, are attached hereto as Exhibits I-1 and I-2, respectively. Retirement Value directed Kiesling Porter to commingle funds in this manner on at least 50 separate occasions from November 2009 through March 2010. As a result ofthe frequent use of funds dedicated to one policy to pay expenses related to a second policy, Kiesling Porter was required to "re-balance" the sub-accounts from time to time. KPKF Accounting Record Excerpts - Rebalancing (Exh. J). As of the date of the TRO, some sub-accounts were over funded in relation to what is expected to be in those accounts while many others are under funded by that measure? Premium Reserve Calculation (Exh. K). In short, investors were led to believe that Kiesling Porter had custody and control over their funds and that Retirement Value "never touched the money." In reality, Retirement Value at all times maintained control over the funds. 3. Retirement Value Overstated the Likely Return from the Investments and Understated the Likely Risks When selling the investment, Retirement Value provided the investors with charts showing the return on an investment in a given policy over time. As an example, the "Client Participation Example and Base Line Targeted Income During Ten Years" Chart for policy PLI140-111109-DM, is attached hereto as Exhibit L-1. The chart represented that the policy had 9 This is an entirely separate issue from the under funding of all accounts due to the miscalculation of life expectancies by Midwest Medical and the underestimation of premiums due on the policies when setting the original reserve amounts. -11- 82 a face value of $10,000,000 with an annual premium of $399,702 and that the insured's life expectancy was 38 months. An investment of$10,000 would have a base line return of$15,225. Assuming that the insured died at month 3 8, 10 the investment would return $16,442 representing the base line return of $15,225 plus unused premiums of $1,217 for an annualized return of 18.41%. Ifthe insured survived to LE+24 or 62 months, the investment would return $15,225 for an annualized return of9.50%. The chart also reflects Retirement Value's predictions for the investment's performance beyond LE +24. In making this prediction, Retirement Value assumed that the investors would respond to premium calls in accordance with their agreements. In the chart, Retirement Value represented that each investor would be required to pay an annual premium of $608.55 per $10,000 invested in the policy. In connection with the use of these charts, Retirement Value made a number of misrepresentations. First, Retirement Value misrepresented the likelihood that an insured would survive beyond LE+24. Second, it misrepresented the premium cost that each investor would be expected to incur if the insured survived beyond Third, Retirement Value misrepresented the risk to the investor if the insured survived beyond LE+24. a. Life Expectancy Calculations The insured's life expectancy is a key component of the value of a life insurance policy and of the likelihood of success in the Re-Sale Life Insurance Program. If the insured lives more than 24 months longer than his or her calculated life expectancy, then the premium reserves would be exhausted and the investors would be required to pay future premium costs. 10 Retirement Value's projections assume that the investment in a given policy would be made on the date ofthe life expectancy certificate provided by Midwest Medical. -12- 83  Retirement Value significantly misrepresented the insureds' likelihood of outliving their calculated life expectancy. In its written materials, Retirement Value represented that "90% of policies mature at or before projected LE" and that "95% of policies mature at or before LE plus 12 months." Marketing Materials (Exh. F) at F-1, pp. 8,10. In other materials, Retirement Value represented that Midwest Medical was "accurate 95% of the time to LE" and had "98.5% accuracy within 12 months after expected LE." Jd. at F-6, p.ll. In conversations with the undercover investigator for the State Securities Board, Dick Gray represented that 95% of the insureds would die within 24 months of the life expectancy calculated by Retirement Value. Transcript of "Cody Walker" Call (Exh. M) at 6. All in all, Retirement Value strove to and succeeded in creating an impression that it was a very low risk (1.5% to 5%) that the insureds would outlive the premium reserve. Retirement Value's representations as to this risk are wholly false. The life expectancy calculation used by Retirement Value and presented to the investors was Midwest Medical's calculation of the insured's median life expectancy. It is the point at which 50% of the people who are statistically similar to the insured are expected to have died and 50% are expected to remain alive. Thus, even if Midwest Medical was 100% accurate in its calculations (which it was not), there was at best a 50% likelihood that the insured would die at or before his or her life expectancy. Retirement Value did not disclose, and in fact hid, its use of a median life expectancy from the investors. As a general matter, Retirement Value did not provide investors with copies of the life expectancy certificates when the investors made their investment decisions. Instead, it simply stated a life expectancy without disclosing that it was a median or explaining what that meant. After the investor's 10-day free look period expired, Retirement Value purported to -13- 84 provide the life expectancy certificates for the policies in which an investor invested. However, in many cases, Retirement Value provided only the first two pages of the three-page life expectancy certificate provided by Midwest Medical. 11 The first two pages contain a narrative of the insured's health and a statement of the life expectancy. On the third page (the page often hidden by Retirement Value), Midwest Medical provided its statistical analysis. This analysis discloses that the life expectancy shown on the frrst two pages was a median. It also discloses a life expectancy at an 85% confidence level (i.e., the point at which 85% of the people like the insured are expected to have died). On average Midwest Medical's 85% life expectancy was just over LE+30. In other words, Retirement Value's assertion that there was a 95%-98.5% probability that the insured would pass away within LE+24 is contradicted by the Midwest Medical life expectancy certificates in its possession, which estimate the probability of death prior to LE+30 at less than 85%. Even ifRV had not misrepresented them, Midwest Medical's life expectancy calculations are unreliable. Midwest Medical has a very poor reputation and a history of regulatory problems. Its owner, George Kindness, is a convicted felon. He and Midwest Medical's predecessor, AmScot Medical, were accused of falsifYing life expectancy calculations as part of fraudulent schemes to sell life insurance policies to investors. Retirement Value was aware of these issues with Midwest Medical and failed to disclose them to investors. Moreover, Retirement Value knew that Midwest Medical's life expectancy calculations were shorter than those provided by more reputable companies. When Dick Gray and Jeremy Gray were interviewed, they told the Receiver those life expectancy calculations provided by better known 11 The Life Expectancy Certificate for policy AGL73L-031909-WK (Exh. N) is attached as an example. -14- 85 life expectancy providers (such as AVS and Fasano) were at least 180% longer than those provided by Midwest Medical. In the course of its investigation, the State of Texas obtained life expectancy calculations by 21st Services and AVS Underwriting, LLC on many of the persons insured under policies owned by Retirement Value. Comparison of their calculations to those by Midwest Medical show that the life expectancies calculated by 21st and AVS, on the same individuals generated at or about the same time, were about 2'l; times as long. To further illustrate the disparity between Midwest Medical and the more reputable providers, we compared Midwest Medicals 85% life expectancy certificates with 21st and AVS median life expectancies for the same individuals. As you can see from the table below, 12 even the average of Midwest Medical's 85% calculations is significantly below the average of the median life expectancies provided by the more reputable providers. All data points 53 52 40 52 AverageLE 52.42 83.83 120.85 133.77 Data points in Common 40 39 40 40 AverageLE (in months) 52.55 83.69 120.85 134.65 %"MM(50%) 159% 230% 256% %MM 144% 161% Attached as Exhibit L-2, is a modified version of Retirement Value's "Client Participation Example and Base Line Targeted Income During Ten Years" chart for policy PLI140-111109-DM. It is modified to superimpose 21st Services' and AVS's median life expectancies (and 21st Services 85% calculation) and to reflect the anticipated effect of a more reliable but longer life expectancy on the underlying investment. In this instance, the insured's 12 The underlying data is shown on Exhibit 0. -15- 86 median life expectancy extends well beyond the 38 months reported by Midwest Medical or the 62 months of LE+24. In fact the insured's median life expectancy exceeds Retirement Value's LE+24 by 4-5 years. Thus, there is a significant probability (more then 50%) that the insured will live beyond LE+24 and that the investors would have to cover significant premiums for many years beyond LE+24. Failure to do so is not only a default for that investor, but places at risk the other investors who participated in that policy. See: Section III.C.3.c, below. In addition, the State obtained a report by HMH Consulting on Midwest Medical's performance as an estimator of life expectancies. This report showed that Midwest Medical's Actual to Expected Performance to be 42%. 13 HMH reviewed 14,528 the life expectancy certificates issued by Midwest MedicaL Based on Midwest Medical's predictions, HMH expected to observe that 3,319 subjects had died as of the study's effective date. Actually, only 1,395 people had died. As a general standard, a life expectancy underwriter's actual to expected performance should be between 90% (too short) and 110% (too long), with 100% considered perfect. As an example, 21st Services reports that an independent auditor calculated its actual to expected performance at 98.1 %. 21st Services Press Release (Exh. P). Further, Retirement Value misrepresented where it obtained life expectancy calculations and how it used them. Retirement Value represented in writing and in oral communications with potential investors that it used the longest of three independent life expectancy calculations. Marketing Materials (Exh. F) at F-1, p.2; Transcript of "Cody Walker" Call (Exh. M) at 5. Retirement Value did not in fact obtain any life expectancy calculation, but rather relied exclusively on Midwest Medical's certificate which was provided by James Settlement Services. 13 When describing the HMH Report to the TSSB's undercover investigator, Dick Gray misrepresented that Hess concluded that Midwest Medical's actual to expected performance was 92%. Transcript of"Cody Walker" Call (Exh. M) at 4 -16- 87 Contrary to its representations, Retirement Value did not obtain any life expectancy calculations and clearly did not use the longest of three calculations. b. Premium Cost Retirement Value disclosed that if the underlying insured survived LE+24, each investor would have to cover its pro rata portion of the premiums. However, as previously mentioned, Retirement Value falsely led investors to expect that there was only a 1.5%-5% chance that an insured would survive beyond LE+24. Moreover, Retirement Value also misrepresented the cost of maintaining the policy in force after the premium reserves expired at LE+24. Client Participation Example (Exh. L-1). In its projections to investors, Retirement Value represented that the premiums paid by the investors after the expiration of LE+24 would be the same as the premiums paid prior toLE+24. This representation was false. In a universal life policy, which is the only type of policy that Retirement Value purchased, the cost of insurance - the amount of money that must be paid each month to keep the policy in force - rises each year. As the underlying insured ages, this increase in cost of insurance increases dramatically. When an insurance company sells a universal life policy, it typical sets a planned premium. The planned premium is substantially larger than the amount of money required to keep the policy in force initially. The excess cash is deposited with the insurance company and earns interest. In later years when the cost of insurance exceeds the planned premium, there should be sufficient cash value in the policy to pay the difference between the planned premium and the cost of maintaining the policy. Retirement Value, like most life settlement companies, paid only the amount necessary to maintain the policy in force until the next premium payment was due. As a routine matter, Retirement Value engaged in premium optimization- working with the insurance company to determine the minimum payment need to keep the policy in force until the next premium is due. -17- 88 In this manner, the current amount required to maintain the policy is reduced at the expense of the cash value which would otherwise subsidize the cost of insurance in later years. As a result, the premiums needed to keep the policies in force after LE+24 would be substantially higher than those estimated at the time of investment. c. Risk on Non-Payment by Other Investors Retirement Value failed to disclose the risk of loss, if the other investors on a policy failed to pay their share of the post-LE+24 premiums. While Retirement Value's debt to any investor who defaulted on its portion of a post LE+24 premium would be extinguished, Retirement Value remained liable to pay each investor who paid his or her share of the additional premiums. However, Retirement Value would be able to do so only if it were able to keep the policy in force. Thus, Retirement Value would have to: (i) solicit additional premiums from the non-defaulting investors; (ii) pay the premiums itself; or (iii) find a new investor to take over the defaulting investors positions. Retirement Value made no disclosures regarding its own credibility or ability to cover such post-LE+24 premium shortfalls. As of the date of the TRO, Retirement Value had distributed substantially all surplus cash to its owners and retained no reserves to cover such a contingency. 14 RV Accounting Records Excerpt- Balance Sheet (Exh. Q) 15 Further, Retirement Value had no other means of repaying the investors, except for the proceeds from the life insurance policies. In any case, the success on the investment turned on Retirement Value's success in raising money and selling investments. If Retirement Value could 14 There was only $118,000 in Retirement Value's bank account as of the date of May 5, 2010, when the account was seized by the Receiver. 15 The balance sheet attached as Exhibit Q was printed directly from Retirement Value's accounting records and reflects its assets and liabilities as such records were maintained by Retirement Value. This balance sheet is inaccurate and incomplete in that it fails to reflect either the liabilities associated with Retirement Value's debt to the investors or the current value of insurance policies owned by Retirement Value. -18- 89 not raise fue funds necessary to cover a premium shortfall, whether by selling new investments or from another source, then the respective policy would lapse and even those investors who complied with their obligation to pay premiums past LE + 24 would lose their entire investment. Retirement Value did not disclose fuis risk to the investors. Nor did Retirement Value provide the investors with any information with which to make an informed decision as to Retirement Value's ability to pay additional premiums either from its own funds or by selling additional investments. 4. Retirement Value failed to disclose the risk of regulatory action. Retirement Value received repeated warnings from multiple sources that its Re-Sale Life Insurance Program constituted or was likely to constitute a security under the Texas Securities Act. Given the probability that Retirement Value's Re-Sale Life Insurance Program would constitute a security, Retirement Value should have (i) registered its offering; (ii) offered the Program pursuant to an exemption from registration; or (iii) disclosed to investors that the investment could be subject to the securities laws, but that it was not being offered in compliance with those laws. It did none of these. By failing to do so, Retirement Value denied the investors the opportunity to make an informed investment decision. 5. Other Issues a. Retirement Value released funds from escrow before acquiring policies. Retirement Value entered into Policy Purchase Agreements with James Settlement Services wifu respect to each policy that it acquired or planned to acquire. The Policy Purchase Agreements called for the purchase price to be placed in escrow at Pacific Northwest Title in Oregon to be exchanged for the policy when it was delivered by James Settlement Services. Sample Policy Purchase Agreement (Exh. R). Retirement Value would routinely instruct -19- 90 Kiesling Porter to distribute funds, as they were received from investors, to Pacific Northwest. As discussed previously, in many cases these funds were taken from sub-accounts other than that dedicated to the policy being purchased. As soon as a deposit was made at Pacific Northwest, Retirement Value authorized Pacific Northwest to release those funds to James Settlement Services even though the full purchase price had not been raised from investors and the policy had not been delivered by James Settlement Services. Escrow Releases (Exh. S). As a result, Retirement Value lost any protection provided by the escrow arrangement with James Settlement Services and Pacific Northwest b. Failed to adequately reserve for the policies Commencing in the 4th quarter of 2009, Retirement Value accelerated payments for the purchase price to James Settlement Services by shorting the premium reserves from early subscribers to a policy and making it up from the late subscribers. Thus, Retirement Value acquired policies from James Settlement Services before Retirement Value had established adequate reserves to pay premiums for LE+24. If Retirement Value was unable to continue selling investments as happened at the end of March 2010, it would be unable to raise the funds necessary to fund the reserve accounts. IV. Actions to Preserve and Protect the Estate Since being appointed, the Receiver has acted to protect and preserve the assets of Retirement Value. We have secured Retirement Value's business premises, its computing facilities, its records and its bank accounts. In addition, the Receiver and his agents have been in contact with every insurance company which has issued a policy of life insurance owned by Retirement Value and all banks with which Retirement Value, Gray or Rogers are known to have done business with. -20- 91  A. Cash and cash equivalents Retirement Value's assets consist primarily of cash and short term securities, insurance policies and a building located in New Braunfels. In addition, Retirement Value has claims against its officers, members, licensees and others arising out of the receipt of funds from Retirement Value and misconduct related to its business. Pursuant to the powers granted to him by the Court, the Receiver has seized $25,463,772.69 in cash and securities as follows: Retirement Value 118,379.23 118,379.23 Kiesling, Porter, Kiesling & Free Bank Accounts 11,374,732.74 11,374,732.74 Investment Accounts 11,737,806.83 11,737,806.83 Special Acquisition Inc 1,231,925.00 1,231,925.00 Richard H. Dick Gray 263,912.24 263,912.24 Wendy Rogers 204,168.86 204,168.86 Bruce Collins Collins Marketing Hill Country Funding Please note that this chart represents the value of these accounts as of the time that they were seized by the Receiver and not their value as of the date of this Initial Report. Funds in the KPK&F premium reserve accounts have been used to pay premiums due on the insurance policies. Funds in the Retirement Value and Special Acquisition accounts have been used to pay expenses such as the mortgage on Retirement Value's office building, payroll for Retirement Value employees/ 6 and utility bills. 17 16 The Receiver terminated the employment of all Retirement Value employees in May 2010. 17 As of the date of this Initial Report, neither the Receiver nor his counsel has been paid. As directed by the Court in the Temporary Injunction, the Receiver and his counsel will submit their bills to the Court for approval. We anticipate that the monies recovered by the Receiver (including the $1.2 million from Special Acquisitions) will be sufficient to pay the costs of administering the Receivership. -21- 92  B. Policies Retirement Value also owns 41 policies of life insurance with a total face value of $118,250,000. All of these policies are in-force and premiums are being paid on them as they become due. There are an additional 12 policies (listed below) with a face value of $36,085,000 that were in the process of being transferred from James Settlement Services to Retirement Value as of the date the cease and desist orders were issued. There is also $559,304 on deposit in escrow accounts at Pacific Northwest related to purchase agreements between Retirement Value and James Settlement Services, $489,497 is associated with the disputed policies and the balance is associated with fully consummated transaction. GLG089-012110-RF $1,000,000 $295,000 $295,000 $ AGL76L-12810-WS $3,000,000 $653,300 $653,300 $ LFG3248-012610-HM $3,000,000 $805,000 $761,077 $ 43,923 LFG311-031210-HM $5,000,000 $1,400,000 $987,775 $412,225 AVL180-030510-MR $5,000,000 $1,050,000 $641,104 $408,896 LFG735-022410-AS $5,000,000 $1,100,000 $659,784 $440,216 AXA091-012110-PC $5,000,000 $1,300,000 $1,300,000 $ AXA777-012310-TP $1,000,000 $100,000 $100,000 $ AXA335-02241 0-PS $3,000,000 $565,000 $565,000 $ LFG117-021710-HW $2,000,000 $459,000 $459,000 $ LBL15J-021710-HW $2,085,000 $420,000 $420,000 $ LBL918021710-RW $1,000,000 $208,750 $208,750 As of the date ofthis Initial Report, the Receiver and James Settlement Services have reached a tentative agreement whereby: (i) James Settlement Services and Retirement Value will jointly instruct Pacific Northwest to release the $559,304 remaining in escrow to Retirement Value; (ii) Retirement Value will relinquish its interest in GLG089-012110-RF, AGL76L-12810-WS, AXA777-012310-TP, LBL918021710-RW; and (iii) James Settlement Services will deliver the -22- 93 remaining policies to Retirement Value. The Texas State Securities Board and Texas Department of Insurance have assured the Receiver that they do not consider the completion of these transactions as a violation of the existing cease-and-desist orders. Please note that prior to the Receiver's appointment, Retirement Value abandoned its right to acquire JHL383-03161-GR, JHL633-031210-CT, AXA826-032410-CD and AXA036- 03161-PC. C. Professional Advisors The Receiver has retained Asset Servicing Group ("ASG") to act as portfolio manager, and Lewis & Ellis, Inc. (''L&E") to act as actuarial consultants. ASG and L&E will jointly undertake to review and evaluate the portfolio and to advise the Receiver as to its value and the premiums needed to maintain it in force until maturity. The Receiver has also engaged the services of BKD, LLP to provide accounting services for the estate and maintain the Receiverships financial books and records. 1. Asset Servicing Group. The Receiver has ASG to act as portfolio manager for the 41 policies of life insurance owned by Retirement Value and for the 8 policies that the Receiver anticipates will be delivered by James Settlement Services. ASG will provide Policy Administration (payment of premiums, correspondence with insurers), Death Tracking, Claims Processing, Verification of Policies, Premium Optimization, and Policy Valuation services. These services are essential to the proper maintenance and management of the portfolio. The fees charged by ASG are the result of negotiation and represent a discount off of ASG's standard rates. ASG is well qualified to act as portfolio manager. It is actively involved in the management of portfolios of life insurance policies and currently has approximately 6,000 policies under management. ASG has acted in this capacity for court-appointed receivers on -23- 94 numerous occaswns. ASG is a member of the two principal trade associations for the life settlement industry, the Life Insurance Settlement Association and the Institutional Life Markets Association. Tom Moran, ASG's principal, is highly respected in the life settlement industry. He has in excess of 30 years experience with insurance, the last 12 of which are exclusively with life settlements. Over the last 8 years, Mr. Moran, personally, has been appointed as receiver or conservator for life settlement companies by courts on several occasions and has extensive experience in dealing with distressed portfolios of policies. The Receiver and his counsel researched various potential portfolio managers and conducted due diligence into the background, reputation and competency of ASG and Mr. Moran. Based on this research and due diligence, the Receiver is satisfied that ASG is the best candidate available to provide these services. 2. Lewis & Ellis, Inc. L&E will provide an actuarial analysis of the portfolio's anticipated cash flows. This analysis is necessary to enable the Receiver to accurately value the portfolio and maximize its value. The principal actuary working on the portfolio will be Scott Gibson. Mr. Gibson is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries. In addition, he has extensive experience in the life settlement industry and has served on the board of directors of the Life Insurance Settlement Association. The Receiver and his counsel researched actuarial consultants and conducted due diligence into the background, reputation and competency of Mr. Gibson and L&E. In addition, the Receiver obtained bids from other actuaries. Based on his research and due diligence, the Receiver is satisfied that L&E is the best candidate available. -24- 95  L&E has agreed to provide an actuarial analysis ofthe policies at a fixed rate of$300 per policy. L&E will provide additional services at base hourly rates as set forth in its engagement agreement with the Receiver. L&E has requested and the Receiver has agreed to pay a refundable retainer of $6,000 against which L&E will bilL The fees charged by L&E are the result of negotiation resulting in a discount off ofL&E' initial bid. 3. BKDLLP. The Receiver has retained BKD, LLP to provide accounting services for the estate. In addition to maintaining the books of the receivership and preparing necessary tax filings, BKD will also restate the books of Retirement Value to more accurately reflect the company's true fmancial condition. This will require, among other things, consolidating the financial records maintained by Kiesling Porter Kiesling and Free on behalf of Retirement Value with those maintained directly by Retirement Value. BKD has requested and the Receiver has agreed to pay a refundable retainer of $5,000 against which BKD will bill D. Issues Confronting the Portfolio's Administration Based on information available to date, the portfolio is confronted by three significant issues: (1) we anticipate that the fair market Retirement Value's policy portfolio cannot be liquidated; (2) Retirement Value's failure to adequately reserve sufficient funds to pay premiums through the policies reasonably expected maturity; and (3) the portfolio's structure. 1. Portfolio Value. Retirement Value paid over $28 million for its portfolio of insurance policies. The market value of a life insurance policy is largely determined by the insured's life expectancy. Because the Midwest Medical life expectancy certificates relied on by Retirement Value underestimated the life expectancy of the insureds to a significant degree, Retirement Value likely overpaid for these policies. Further, the life settlement market has a limited number of -25- 96 players, most of which are hoping to acquire the policies from a distressed seller, at a discount. Thus, any liquidation of the portfolio at this point in time would likely be for significantly less than Retirement Value paid for the policies. Though the portfolio does face certain long and short term challenges, there are several alternatives available to a fire-sale liquidation of the policies, all of which are being assessed and some ofwhich may prove attractive. 2. Insufficient Premium Reserves. This problem arises in large part because the premium reserves were based on the median life expectancies calculated by Midwest Medical. As discussed previously, these calculations are far too short, leading Retirement Value to make insufficient reserves for premiums. In addition, Retirement Value's mishandling of funds has led to premium shortfalls in specific accounts. The use of funds set aside for one policy to fund expenses related to a different policy depleted the fund available for the first policy. While Retirement Value doubtless intended to use funds :from future investments to replenish these accounts, this source of replenishment ended with the TSSB's cease and desist order in March 2010. Further, Retirement Value routinely would disburse funds to pay James Settlement Services for policies before completely satisfYing the premium reserve. As a result, Retirement Value purchased policies without having fully funded the premium reserves. The following table 18 shows the portfolio's shortfalls based on the life expectancy calculations available to the Receiver. 18 The underlying data is shown on Exhibit T. -26- 97  Observations 53 40 52 Calculated reserves $25,246,794 $33,830,592 $44,550,785 Avg Per Policy $476,355 $845,765 $856,746 Premiums For LE(50) $24,345,935 $25,246,794 $44,825,354 $45,407,531 for 53 Policies Shortfall 858 $20,479 ,595 Please note that this chart actually underestimates the problem because it based on the assumption that premiums needed to maintain the policies will remain leveL As previously discussed, the cost of insurance and hence the premiums will increase over time. Because the exact amount of the increase is not known at this time, the Receiver has provided this chart for illustrative purposes. 3. The portfolio structure The portfolio's structure issue further exacerbates the inadequacy of premium reserves. Retirement Value's Re-Sale Program was designed as a series of individual investments associated with individual policies. In other words, when an insured dies the corresponding loan matures and Retirement Value is supposed to use 100% of the insurance proceeds to satisfY its debt, but only as to those investors who facilitated Retirement Value's purchase of that particular policy. Accordingly, any early maturities would not generate any of the funds that are needed to support the premium payment on policies that are slower to mature. This structure epitomizes an inherent inequity in the estate. If adhered to, certain investors would receive a distribution from Retirement Value's assets to the detriment ofRetirement Values remaining investors. We anticipate that the vast majority of the policies will mature significantly after the LE+24 calculated by Midwest Medical and Retirement Value. By collapsing the portfolio's segregated structure into a unified portfolio, we may be able to overcome some of the shortfalls in its premium reserves and maximize the return to the investor-victims based on sound actuarial -27- 98 and management principles. With ASG's and L&E's assistance, we are analyzing this opportunity in order to establish a plan pursuant to maximize the value of the portfolio. When a plan is finalized, it will submitted to the Court for approval. V. Conclusions The Receiver has been put in place to preserve Retirement Values assets for the benefit of the investors. The Receiver has already identified over $2.2 million that were outside of Retirement Value's pool of investor funds and recovered in excess of$1.5 million ofthat. Retirement Value misrepresented material characteristics of its Re-Sale Life Insurance Program, including, among other things: the investors interest in the underlying policies; the segregation, safety and control of the investors' funds; the investments' anticipated maturity; by downplaying the significant probability of premium beyond LE+24, the investor's reasonably expected cost; the investments anticipated rate of return; the uncertainty associated with Retirement Value's ability to legally market, and by failing to undertake any due diligence or otherwise adhere to the processes established in its own marketing materials, the value of the underlying policies. The Receiver has assembled a team of professionals, accountants, actuaries, lawyers and portfolio managers to administer Retirement Value's estate in the most efficient manner possible. This team of professionals is dedicated to maximizing the portfolio's return, by using their respective skills to execute the portfolio's and the estate's administrative functions in the most efficient and cost-effective manner. Contrary to widespread rumors, the Receiver is not liquidating the portfolio. The portfolio itself is being preserved and maintained. Policy premiums are being paid as they come due. The Receiver's professional advisors are assessing the portfolio at the individual policy basis and at the portfolio level. Once their assessments have been completed, we will proceed to -28- 99 formulate a plan of operation that will maximize the Receiver's ability to make restitution to the investors. The details of such a plan will be submitted to the Court for approval, prior to implementation. The Receiver is periodically mailing updates to the investors. However, in order to minimize the cost and effort associated with frequent mailings, the Receiver has also established a website at "www.rvllcreceivership.com" to post information regarding tlJ.is matter, such as: recently issued Court orders, frequently asked questions, and copies of the corr-espondence with the investors. In addition, the Receiver is will host a internet-based call to discuss the status of this case and his investigation Investors who do not have internet access will be able to dial in and listen to tl1e presentation. The details of this call will be distributed separately. Respectfully submitted, Eduardo S. Espinosa, Receiver for Retirement V -29- 100 TAB 3  REPORT OF EDUARDO S. ESPINOSA, TEMPORARY RECEIVER FOR RETIREMENT VALUE, LLC A TEXAS LIMITED LIABILITY COMPANY As of April30, 2011 Issued in connection with that certain matter pending before the 126th District Court of Travis County, Texas, Cause Number D-1-GV-10-000454 102  On May 5, 2010, the 126th Judicial District Court ofTravis County, Texas (the "Court') appointed Eduardo S. Espinosa as the temporary receiver for Retirement Value, LLC, a Texas limited liability company. Since then, my team and I have been engaged in: (a) gathering and preserving Retirement Value's assets; (b) investigating claims against Retirement Value by investors and others; and (c) investigating Retirement Value's potential claims against its principals and other participants in its Re-Sale Life Insurance Policy Program. We have also spoken or corresponded with many of the investors. However, because there are more than 900 investors, it is not possible for us to communicate with each investor, individually. This report updates the investors, the Court and the public as to the status of the Receivership as of the end of April2011 -one full year into the Receivership. I. Status of the Litigation There are currently two lawsuits involving the receivership estate. The first is the State's suit against Retirement Value, LLC, Richard Gray, Wendy Rogers and Hill Country Funding, LLC. The second is the Receiver's suit against David and Elizabeth Gray, who were formerly partial owners of Retirement Value. The Receiver anticipates that he will file additional lawsuits against the licensees and others in the near future. In addition, Retirement Value is the subject of an investigation by Equal Employment Opportunities Commission arising out of allegations of employment discrimination by a former employee. A. State of Texas vs. Retirement Value, LLC et al. The State's case against Retirement Value, Dick Gray and Wendy Rogers is proceeding. Earlier this year, the Receiver asserted his own claims against Dick Gray, his wife, Catherine Gray, and Wendy Rogers. The Receiver has alleged that the Grays and Rogers caused Retirement Value to pay themselves substantial amounts of money in violation of Texas law at a time when Retirement Value was insolvent. The Receiver later amended his claim to assert that 2 103 Dick Gray and Wendy Rogers violated their fiduciary duties to Retirement Value by causing it to participate in the fraudulent scheme which resulted in liability to the State and the investors. Two groups of Intervenors 1 have also asserted similar claims against the Grays and Rogers. The Receiver, the State and the Intervenors (except for Grant and Opel Bejeck) have reached a tentative agreement to settle their claims against Dick and Catherine Gray for approximately $650,000 in cash and property. The parties are in the process of drafting the documents to effectuate the settlement. When the settlement documents are drafted and executed by the parties, the Receiver will file a motion with the Court to seek approval of the settlement. The parties were unable to reach agreement with Wendy Rogers and the claims against her remain pending. Trial of those claims is currently set for May 2011 but will likely be postponed until August 2011. In addition to the claims by the State, the Receiver and others against the Grays and Wendy Rogers, a group of Intervenors has asserted a class action against Kiesling, Porter, Kiesling & Free, P.C. ("Kiesling Porter") alleging claims arising out of its role as escrow agent. The claims against Kiesling Porter have been severed from the claims against Retirement Value, the Grays and Rogers and will be tried separately, if necessary. A tentative agreement has been reached to settle the claims of the putative class and the potential claims of the State and Receiver against Kiesling Porter for $710,000. As with the settlement with the Grays, the parties are in the process of preparing documents to effectuate the settlement. When that process is complete, the Receiver and the class plaintiffs will seek approval of the settlement from the Court and provide notice of the details of the settlement to the investors. 1 The Intervenors asserting claims against Dick Gray are Gary Cain, MD, Barry Edelstein, Qvest III Master Fund, LLC and Ladell Harrison on behalf of Matthew C. Allen, Jr., Teddie Allen and the Matthew and Teddie Allen Charitable Remainder Annuity Trust. Grant and Opel Bejcek have also intervened in this case but have not asserted claims against any of the Defendants. 3 104  B. Receiver vs. David and Elizabeth Gray The Receiver has filed suit against David and Elizabeth Gray to recover monies paid to them by Retirement Value and to declare that Retirement Value is not obligated to make payments due on an agreement to redeem their membership interests. Discovery in this case is proceeding and it has not been set for trial. II. The Financial Condition of Retirement Value A. Inadequate books and records Retirement Value failed to maintain meaningful or appropriate financial records. Retirement Value fmancial records were erroneously and inappropriately bifurcated between Kiesling Porter and Retirement Value. The absence of a complete set of financial records required the Receiver and his accountants to reconcile and consolidate Kiesling Porter's escrow records with Retirement Value's financial records. Kiesling Porter maintained the financial records pertaining to the funds received from investors. Generally speaking, Kiesling Porter tracked its cash receipts and disbursements as either an increase or decrease in an off-setting liability account. Thus, according to Kiesling Porter's books, each disbursement (payment to Retirement Value, licensees, premiums, etc) served as a reduction in the liabilities to the investor, which was inaccurate. Though Kiesling Porter's records may have been sufficient for its use, they did not appropriately account for Retirement Values' business or correctly represent Retirement Value's debt obligations. Retirement Value failed to maintain financial records that reflected the amount that it borrowed from the investors, the policies purchased by Retirement Value, the costs of purchasing and maintaining the policies or the payments to the licensees the amount of money it raised. Instead, the books maintained by Retirement Value's bookkeeper, Frank Frye, reflect the portion of investor funds diverted to Retirement Value's operating account as its gross revenues. 4 105 The only expenses shown are those relating to Retirement Value's headquarters. This methodology ignored the majority of Retirement Value's business, and failed to accurately represent Retirement Value's results from operations or its financial position. Neither set of records properly accounts for the policies that Retirement Value owned, its debts, its payments to licensees or its premium obligations. Because of these accounting issues, the Receiver has had to create books and records for Retirement Value. Subject to further adjustment in accordance with the claims process, a current balance sheet, based on the work of the Receiver and his forensic accountants is attached as Exhibit A. B. Tax Issues Retirement Value will recognize taxable income when the life insurance policies mature. Under Revenue Rulings 2009-14 and 2009-25, Retirement Value's taxable income will be the proceeds of each policy less Retirement Value's basis in that policy. Under the Revenue Rulings, basis in a life settlement policy includes the cost of acquiring and carrying the policy, including interest on debt incurred in order to acquire the policy, and the premiums paid to maintain it. The commissions paid to the licensees are part of the cost of acquisition and are properly included in the basis. Since Retirement Value's business was to purchase and hold life settlement policies to maturity, most of the costs associated with the operation of Retirement Value should also be capitalized against the policies. Retirement Value is a limited liability company which has elected to be taxed as S- corporation. This means that the income from Retirement Value's operations is attributed and taxable to its members. However, we believe that Retirement Value's members will be unable to meet their tax obligations and that the IRS will look to the estate to pay those taxes. The estate's ultimate obligation to pay taxes is not currently determinable. However, our models assume that the estate will have to pay those taxes. 5 106 ill. The Portfolio of Life Insurance Policies In addition to its cash, buildings and other assets, Retirement Value owns a portfolio of 49 life insurance policies insuring the lives of 44 individuals (the "Portfolio"). One of the Portfolio's policies, PLI140-111109-DM, matured last November leaving 48 active policies in the Portfolio. After several months of delay, the insurer for PLI140-111109-DM paid the proceeds of the policy~ approximately $10.1 million~ to the Receiver earlier this year. The remaining policies are the primary asset of Retirement Value and represent the most likely avenue for the Receiver to make restitution to the investors and to pay the other creditors of the Retirement Value. Because of their importance, the Receiver has devoted substantial time and attention to the Portfolio. He has retained Asset Servicing Group ("ASG") to act as the Portfolio's administrator and Lewis & Ellis, Inc. ("L&E'), an actuarial firm, to evaluate the Portfolio. The Receiver has tasked L&E with analyzing each of the policies in the Portfolio. L&E has studied the insureds' life expectancies, the Portfolio's policies and information provided by the insurance companies to model the potential cash flows from the policies. This analysis will enable the Receiver to evaluate the various options available to obtain as much value as possible :from the Portfolio. A copy ofL&E's full report is attached hereto as Exhibit B (the "Actuarial Report"). A. Update on Life Expectancies The insured's life expectancy is a key component ofthe value of a life insurance policy and of the likelihood of success in an investment in a life settlement As we reported previously, there were a number of questions raised about the Midwest Medical life expectancy calculations used by Retirement Value. In the course of its investigation, the State obtained a report by HessMorganHouse (the "Hess Report"), which was partially commissioned by Retirement Value, on the accuracy of Midwest Medical's life expectancy calculations. The Hess Report 6 107 showed that Midwest Medical's "actual-to-expected" performance was a miserable 42% as compared to the 90+% perfonnance of the major providers. In addition, the State obtained life expectancy calculations by 21st Services and AVS Underwriting, LLC on many of the persons insured under policies owned by Retirement Value. Comparison of their calculations to those by Midwest Medical show that the life expectancies calculated by 21st and AVS, on the same individuals generated at or about the same time, were about 2lh times as long as those of Midwest Medical. Due to the questions raised by the State and to obtain the best possible information, the Receiver obtained his own life expectancy calculations from Insurance Strategies Services, LLC ("ISC'), another major provider of life expectancy calculations? These calculations were based on the most current medical information available from the insureds and their doctors. The chart below summarizes the life expectancy calculations prepared by ISC. 3 The ISC life expectancy calculations are comparable to those of AVS and 21st and more than twice as long as the median calculations provided by Midwest Medical. Midwest Medical 21't AVS ISC (50%) (85%) (50%) (50%) (50%) Portfolio Only Data 49 48 38 49 48 AverageLE (in months) 52.43 83.69 121.D3 134.67 123.98 %MM(50%) 160% 231% 257% 236% 2 The Receiver's actuaries, Lewis & Ellis, recommended ISC. ASG, the Receiver's Portfolio administrator concurred in the recommendation. 3 A chart summarizing the life expectancy calculations by ISC for each of the policies in the Portfolio is attached as Exhibit C. ISC did not perfonn a life expectancy calculation on policy PLI140-11109-DM because we were unable to obtain medical records from the insured before that policy matured. 7 108 Because the ISC life expectancy results are comparable to those of AVS and 21st and because of the good reputation enjoyed by ISC, the Receiver and his actuarial consultants are comfortable that ISC's calculations fairly estimate the life expectancies of the insureds. B. The Effect of Longer Life Expectancies on the Portfolio As noted, the actual life expectancies of the insureds are significantly longer than represented by Retirement Value in the course of soliciting loans from the investors. What does this mean to the investors? That the life expectancies are slightly more than twice as long as originally stated creates two problems. First, the fair market value of the policies in the Portfolio is significantly less than what Retirement Value paid for them. Second, the premimn reserves are far too small to support the Portfolio as currently structured. 1. The Policies are Worth Much Less than Retirement Value Paid (or Them A significant consequence of Retirement Value's underestimation of the insureds' life expectancies is that the policies are worth significantly less than Retirement Value paid for them. The life expectancy of the insured is a significant factor in determining the value of an insurance policy. 4 All other things being equal, the longer the insured's life expectancy is, the less valuable the policy will be. The longer the insured is expected to live, the more premiums will have to be paid and the longer the investor will have to wait for a return on his investment. Because the life expectancies of the insureds are twice as long as Retirement Value said they were, the policies are worth much less than Retirement Value said they were. Because the life expectancy estimates used by Retirement Value were so far off, the Receiver needed to determine the actual market value of the policies in order to determine the 4 The other factors that determine the value of an insurance policy are the anticipated premium costs, and the face amount of the policy. Higher premium costs reduce a policy's value. Conversely, higher face amounts generally lead to greater policy values. 8 109 best course of action for the investors. Unfortunately, there is no easily available market price for life settlement insurance policies. Unlike stocks, bonds and commodities, there is no public exchange for insurance policies. Each sale takes place in private between a single buyer and a single seller. The sales price is generally confidential and, in any event, there is no centralized database for sales of life insurance policies, such as there is for real estate. Accordingly, it is not generally possible to determine the market price for an insurance policy based on sales of comparable policies. Instead, policies are valued based on the net present value of their anticipated cash flows. Present value is the value today of a future payment or series of future payments, discounted to reflect the time value of money and other factors such as investment risk. 5 To determine the net present value, the present values of the expected expenses (premiums) are subtracted from the present values of the expected income (the proceeds of the policy). Our actuaries determined the expected cash flows on the policies by taking into account the probabilities of the insureds dying at various points in time. This type of calculation (called, the "probabilistic method") takes into account the possibility the insureds may die earlier than expected as well as the possibility that the insureds may die later than expected. It is the method most commonly used by sophisticated purchasers of policies. We used discount rates equal to those currently required by purchasers to value the policies. Currently, purchasers are basing their valuations on discount rates between 18% and 24% according to our experts, L&E and ASG. Also, several potential purchasers have contacted the Receiver to express interest in purchasing the Portfolio. Each of these purchasers has indicated that their pricing would be based on discount rate of approximately 20%. For purposes 5 The discount rate makes a significant difference to present value. The higher the discount rate applied to a given payment, the lower the present value of that payment. 9 110 of its valuation of the Portfolio, L&E used discount rates of 16%, 18% and 20% to take into account potential market variations and the Receivers' ability to negotiate for a lower discount rate (i.e., a better price). These rates are in line with the 16.5% annual return represented by Retirement Value when soliciting the investors. Based on its analysis, L&E has determined that the Portfolio has a market value between $5.3 million and $8.3 million. 6 Compare this to the $26.5 million that Retirement Value paid for the policies7, and it is relatively clear that Retirement Value significantly overpaid for the policies. However, the Receiver is not faced with a "buy" decision, but rather whether to sell or to hold. Accordingly, the value of these policies to the estate is potentially much higher. The Receiver is not deciding whether to purchase the policies, the estate already owns them. Nor does the estate need to promise to pay a large return to induce investors to provide funds for their purchase, the investors have already provided those funds. The Receiver's primary goal is to maximize the estate's value so as to return as much of the investors' money back as possible. 2. The Premium Reserves are Too Small Retirement Value represented that it had reserved sufficient funds to pay the anticipated premiums due on the policies past the point at which 98.5% of the insureds were expected to die. It failed to do so. Instead, Retirement Value understated the required premium reserves because: (i) the insureds' life expectancies are more than twice as long as originally represented; and (ii) 6 A policy by policy breakdown of the market value of each policy is reflected in the Actuarial Report at page 6. 7 Policy PLI140-111109-DM has matured and was excluded from these fair market value and aggregate purchase price calculations. 10 111 the premiums necessary to keep a policy in force increase as the insured ages. 8 As a result, Retirement Value did not reserve sufficient funds to pay premiums. Retirement Value represented that it would reserve sufficient funds to pay premiums on each policy for LE + 24, by which time it represented the insured on that policy had a greater than 98.5% chance of dying. It calculated the amount to reserve using an estimate of future premium costs provided by James Settlement Services. This approach has a number of flaws. First, it completely ignores what a life expectancy calculation actually is. A person's life expectancy is not the date by which he is expected to die. It is the date by which 50% of the people similar to the insured are expected to have died. Thus, an insured has a 50% chance of dying prior to his life expectancy and a 50% chance of surviving beyond his life expectancy. Adding 24 months to the life expectancy does not raise the odds of the insured dying to 98.5%. In the aggregate, Midwest Medical's life expectancy certificates reflect that the Portfolio has: (i) an average median life expectancy of 52.43 months; and (ii) an average 85% life expectancy of 83.69 months. Thus, according to Midwest Medical, it would take, on average, 31.26 months (the difference between 83.69 months and 52.43 months) to increase the probability of death from 50% to 85%. By way of comparison, ISC's calculations, indicate that, on average for the Portfolio, it requires an additional 68.1 months (from 123.98 months to 192.08 months) to go from a 50% probability to an 85% probability. Second, Midwest Medical's life expectancy calculations are less than half as long as they should have been. To get even to life expectancy (the 50/50 mark) requires twice as long as anticipated. Assuming that Retirement Value accurately anticipated its premium costs and 8 In addition, Retirement Value's mishandling of the reserve accounts and commingling of funds caused it to reserve less money than it said it would. 11 112 marntained the reserves that it said it would, it should have reserved on average 76 months 9 of premiums. ISC's median life expectancy is, on average, 124 months- some four years longer than Retirement Value's calculated reserves. Third, Retirement Value underestimated the cost of maintaining the policies in force. The estimates that Retirement Value used to calculate its premium reserves were based on rnformation provided by James Settlement Services. As Retirement Value began to work with the insurance companies to calculate the cost of maintaining the insurance in force, it discovered that the estimates provided by James Settlement Services were unreliable. Gray Dep. at 177-79. In addition, the cost of marntaining a universal life policy increases every year. As a result it will cost more to maintain a policy through years 6 through 10 than it will to maintain it for years 1 through 5. In short, Retirement Value did not reserve adequate funds to pay premiums for the Portfolio's policies. To better understand the magnitude of the reserve shortfall, the Receiver had his actuaries, L&E, determine how much money would be needed to maintain each policy in force until the life expectancy of the insured. Using information provided by the insurance companies, L&E was able to estimate the cost of maintaining the insurance in force until each insured's median life expectancy. It estimates the cost of maintaining the 48 remaining policies in force during the insured's life expectancy will be approximately $58 million. 10 Retirement Value's current premium reserves for those policies are only $15.3 million.U 9 Midwest Medical's average life expectancy calculation for the Portfolio was 52.43 months. Adding 24 months to the average equals 76 months. 10 This estimate does not include any costs related to PLI140-1111 09-DM because that policy matured on November 2, 2010. 11 These are actual reserves, so they do not include amounts under-reserved because Retirement Value acquired policies prior to being fully subscribed. This also does not include funds held by 12 113  In addition to computing the total reserve required to maintain each policy through the insureds' life expectancies, L&E also calculated how long each premium reserve account is expected to last using the anticipated premium costs for the applicable policy. Page 7 of the Actuarial Report is a chart that compares the remaining balance for each reserve account (in months) to the life expectancy of the insured for the policy tied to that account. As you can see, no policy has sufficient reserves to maintain the policy in force for the insured's life expectancy. In other words, each policy has less than (often, significantly less than) a 50/50 chance of maturing before the premium reserves are exhausted. IV. Distribution to Investors- How Much and When There are over 900 investor-victims with claims against Retirement Value in excess of $77 million. Additionally, there are known trade-creditor claims not exceeding $100,000. 12 The Retirement Value assets available to satisfY these claims are: (i) about $29 million, in cash; (ii) 48 life policies with a market value of $6,667,066; (iii) the sale of Retirement Value's office building in New Braunfels, which is expected to yield about $300,000; (iv) proceeds from the pending mediated settlements of approximately $1,360,000; 13 and (v) any recoveries from claims against the remaining defendant and other participants in the Retirement Value scheme. In order to pay Retirement Value's debts, the portfolio of insurance policies that it owns must be converted into money. There are two basic options for doing this: (1) the polices can be the Receiver that are not dedicated to any particular policy or funds received in relation to PLI140-llll 09-DM. 12 In addition, there are several unliquidated and disputed claims asserted against the estate, such as the employment discrimination claim and the claim by David Gray for payment under an agreement to redeem his interest in Retirement Value. 13 The Receiver has reached tentative settlements with Dick Gray and Kiesling Porter. Each settlement is in the process of being reduced to writing and will be presented to the Court for approval. 13 114 liquidated and the proceeds distributed to creditors; or (2) the policies can be held until maturity and any funds left over after payment of premiums can be distributed to the creditors. How the funds will be distributed - either on a pro rata basis with each creditor receiving a pro rata share of the entire pool of assets or on a policy by policy basis in accordance with the representations made by Retirement Value in selling the investments - impacts these options as well. We are preparing a plan for distribution and briefing to the Court and the investors which will provide more detail as to the various options available to the Receiver and as to the mechanics for repayment of claims. In this report, we are providing only a summary of the various options and an explanation of the actuarial analysis supporting the Receiver's recommendations. A. Liquidation The first option is simply to liquidate the portfolio and to pay the proceeds of the sale of the policies plus any remaining cash to the creditors. Liquidation has the virtue of being quick and relatively inexpensive. A sales process designed to maximize the sales price should take approximately six to twelve months, depending on the level of interest. The portfolio is in good shape for sale currently. Each ofthe policies is in force, has a current illustration and a current life expectancy calculation from a reputable source. We have already received several unsolicited expressions of interest in the portfolio and anticipate that by soliciting offers we could have a number of potential offers within a reasonable period oftime. The primary expense would be the premimns necessary to keep the policies in force until sale. The downside of liquidation is that it will return relatively little value for the portfolio. The fair market value for the policies is between $5.3 million and $8.3 million. Using the middle value of $6.7 million plus the cash and other assets on hand, sale of the estate's assets would yield approximately $35 million dollars in distributable cash. With over $77 million in claims, 14 115 that means that the estate would only be able to return approximately 45% of each investor's initial investment to them. In effect, liquidating the portfolio locks in the loss associated with the difference between the purchase price paid by Retirement Value for the portfolio and its actuarial value. How the funds will be distributed- either on a pro rata basis or on a policy by policy basis - does not impact the total return to the investors as a group from liquidation. It does, however, have a significant impact on the distribution of funds among the investors. Under a pro rata method, all investors will recover equally based on the amount invested. Under a policy by policy method, some investors will recover more than 45%; others will recover much less. Who recovers what, depends on the market value of the policies a particular investor invested in and the reserves actually maintained for that policy. Under the policy by policy method, whether an investor participated in policy PLI140 will also play a significant role as PLI140 investors would recover more than investors who did not invest in PLI140. B. Hold to Maturity The second option is to hold the policies to maturity distributing the net proceeds after payment of premiums and other expenses to the investors. The option will take longer to pay out as it requires waiting for the policies to mature. However, it will recover significantly more than liquidation. After analyzing the Portfolio, L&E has determined that if the Receiver administers the estates' assets as single Portfolio, then the Portfolio is expected to yield $77.9 in cash for the investors at maturity, an amount sufficient to repay 100% ofthe amount invested. 14 Statistically 14 L&E ran 100,000 iterations of a simulation that randomly generated a date of death for each insured based on each individual's survival curve that was developed from the insured's LE. For each iteration, the simulation compiled (i) how much cash was needed to pay the premiums through to maturity; and (ii) how much net cash the Portfolio yielded through maturity. A chart of the result of each iteration is included in the Actuarial Report. Among the 100,000 iterations, 15 116 speaking, there is: (i) a 68% probability that the cash available for the investors will be between $70 million and $85 million (returning between 91% and 110% of the investors' initial investment) ; and (ii) a 95% probability that the cash available for the investors will be between $62.5 million and $92.5 million (returning between 81% and 120% of the investors' initial investment). Actuarial Report at 13. Under this option, all of the assets of the estate would be available to pay premiums on all of the policies in the Portfolio. When a policy matures, the proceeds of the policy will be used to pay premiums on the policies that have not matured. Since the life expectancy of each insured is a median, some of the policies should mature prior to their stated life expectancy and some will mature after their stated life expectancy. The policies that mature early will generate proceeds that the estate can use to pay the premiums for policies that have yet to mature. By using all of the available cash to pay premiums as they become due, the estate can disregard the significant and often imminent shortfalls in the reserve accounts to maintain all of the policies in force and realize their maturity. Managing the Portfolio in this manner requires significantly less cash at the onset than attempting to manage the portfolio on a policy by policy basis. Because proceeds from maturing policies can be used to pay future premiums, the estate need not reserve 100% of its future cash obligations. Instead, it can rely on statistical probabilities to determine its probable cash requirements. Based on the 100,000 scenarios modeled by L&E, Retirement Value needs only $19.9 million in cash on-hand to have adequate resources to pay premiums in 97.5% of the scenarios. the "Base Case" assumes that all insureds die at their life expectancy. Though an unlikely scenario, the Base Case provides a reference point for discussion purposes. 16 117  This means that we can make a distribution to the investors this year and that we will likely be able to make further distributions to the investors over time before all of the policies mature. The estate currently has $29 million in cash and the Receiver anticipates receiving an additional $1.7 million in proceeds from pending settlements and sale of assets not related to the portfolio. Accordingly, in conjunction with the plan of distribution, the Receiver will recommend that the Court approve a distribution of$7.7 million this yearY We anticipate making further distributions in the future. As maturities occur, we expect that cash on hand will exceed the reserves necessary to keep the policies in force. At points, we will make additional distributions. The frequency and amount of future distributions will depend upon the timing of future maturities and recoveries from claims asserted by the Receiver. When a substantial number of the policies have matured, it will make sense to revisit the issue of whether to hold or liquidate the policies. Eventually, the cost of administering the portfolio will exceed the incremental value of continuing to hold. We don't anticipate that this will occur before the average life expectancy ofthe Portfolio (124 months) is reached. However, if the early maturities are high face value polices, then that may accelerate this decision. An incidental benefit of a single Portfolio is an enhanced ability to manage the on-hand cash. As currently structured, the Receiver has 50 bank accounts, one for each policy's premium reserves and a cash account. Each account's cash balance must be maintained segregated, liquid and available to pay the premiums for the corresponding policy. This results in a significant amount of cash sitting idle at a fmancial institution. At the simplest of levels, consolidating the 15 The Receiver will retain additional reserves of $3 million for contingencies and administrative expenses. Future administrative expenses are expected to be substantially less than the $1.8 million that the Receiver expects from the settlements and non-portfolio sales which are in progress. As this $1.8 million is not included in L&E's analysis, the payment of administrative expenses should not affect the returns projected by L&E. 17 118 portfolio allows for the deposits to be consolidated and deposited in various CD's with staggered terms structured to mature in accordance with the estate's cash needs. The estate could thus avail itself of the higher interest rates that are available for longer term deposits without exposing its assets to additional financial risk. 16 The hold strategy works only ifRetirement Value's assets are treated as a single portfolio and managed for the proportionate benefit of all investor victims. Attempting to retain the policy by policy structure envisioned by Retirement Value and hold the policies to maturity is simply not possible. No policy has sufficient reserves to maintain the policy in force for the insured's life expectancy. Thus, each policy has less than (often, significantly less than) a 50/50 chance of maturing before the premium reserves are exhausted. If we attempted to hold the policies to maturity without consolidation, the most likely result would be that a handful of policies would mature and the remaining policies would exhaust their reserves and lapse. In other words, a few investors would recover a small portion of their investment but that most would recover nothing. If the portfolio is not consolidated so that each investor shares on a pro rata basis, the only prudent course is to liquidate. Taking into account the time value of money, a hold strategy is preferable to a liquidation strategy. It is, however, difficult to make the comparison. While we expect to make interim distributions, we do not know when or how much. For discussion purposes, we are going to make the artificial assumption that all future distributions will occur only at maturity of the last 16 Through the use of CDARs or other financial products that distribute funds among various banks, the Receiver could get the benefit of federal deposit insurance which would eliminate the admittedly small but current risk of loss due to the uninsured failure of a financial institution. The Receiver is currently analyzing whether elimination of this risk is worth the lower returns inherent in CDARs or similar products. 18 119 policy in the Portfolio. Though an unrealistic assumption, it allows us to calculate the Portfolio's internal rate of return for comparison purposes. The following table summarizes the anticipated distributions and internal rate of returns for the liquidation scenario, the realistic worst case "hold" scenario and the realistic best case "hold" scenarioY Realistic Hold Scenarios Liquidation Worst Case Best Case Net Cash Flow (millions) 35 62.5 92.5 Payment per $1.00 of claims Now 0.45 0.10 0.10 Final Maturity 0.71 1.10 Years to Final Maturity 20 10 IRR 3.60% 12.14% We expect that the actual results will fall between the extremes shown. However, looking at the extremes demonstrates that continuing to hold the policies is the best option. In the worst case (and unrealistically ignoring interim distributions), holding the policies will increase the return to the investors over that from liquidation at a rate that exceeds current depository returns. In the best case, the rate by which the investors' return increases over liquidation is significantly higher than returns from other available investments. 17 Please note that the IRR measures the internal rate of return on the $0.35 of undistributed liquidation value remaining after the initial $7.7 million distribution. 19 120 121  5:07PM 05/05111 Exhibit A RETIREMENT VALUE, LLC, RECEIVER Balance Sheet As of April 30, 2011 Apr 30, 11 Apr 30, 11 ASSETS LIABILITIES & EQUITY Current Assets Liabilities Checking/Savings Current Liabilities Checking/Savings 10,779,572.05 Other Current Liabilities Policy Bank Accounts 15,310,016.17 3rd Party Assets 202,145.69 WELLS FARGO BASE- 8459 3,197,916.42 Total Other Current Liabilities 202,145.69 Total Checking/Savings 29,287,504.64 Total Current Liabilities 202,145.69 Other Current Assets Long Term Liabilities Security Deposits 120.00 Payable to Investors 77,590,217.73 Total Other Current Assets 120.00 Interest Promised to Investors 47,172,631.62 Total Current Assets 29,287,624.64 N/P • First Commercial Bank 399,074.89 Total Long Term Liabilities 125,161,924.24 Fixed Assets Building - 707 N Walnut' 334,500.00 Total Liabilities 125,364,069.93 Land 85,500.00 Total Fixed Assets 420~ Equity Other Assets Retained Earnings -1,275,984.21 Policies 2 55,667,732.71 Deficit -38,712,728.37 Total Other Assets 55,667,732.71 Total Equity -39,988,712.58 TOTAL ASSETS 85,375,357.35 TOTAL LIABILITIES & EQUIT"I' 85,375,357.35 1 The Building is reflected on Retirement Value's books at cost less accumulated depreciation. 2 According to FASB Staff Position No. FTB 85-4-1, the Polices are reflected on Retirement Value's books using the investment method. Under the investment method, the book value of each policy includes its purchase price, other acquistion costs (e.g., payments to licensees), premiums paid to date as well as other capitalized expenses. The market value of the Policies is only $6,667,065.56. Taking the market value of the Policies into account, the amount by which Retirement Value's liabilities exceed its assets increases by $49,000,667.15 to $87,713,395.52. Page 1 of 1 122 TAB 4  Exhibit B K&L GATES LLP Retirement Value POLICY, PORTFOLIO, &STOCHASTIC ANALYSIS May 2, 2011 - :-4-.ct~"ir'fl~:il $t· c:o:u~-uiDtan;ts Lewis & Ellis, Inc. Actuaries & Consultants S. Scott Gibson, F.S.A., M.A.A.A. Jacqueline B. Lee, F.S.A., M.A.A.A. 123  Exhibit 8 K&L Gates - Retirement Value Receivership POLICY, PORTFOLIO, &STOCHASTIC ANALYSIS Table of Contents Section Page I. Purpose and Scope ......................................................................................... 1 II. Valuation ......................................................................................................... 4 III. Stochastic Modeling ....................................................................................... 8 IV. Summary ....................................................................................................... 12 Lewis & Ellis, Inc. • Actuaries & Consultants 124  Exhibit B K&L Gates - Retirement Value Receivership I. Purpose and Scope Eduardo S. Espinosa (Receiver) is the court-appornted receiver for Retirement Value, LLC (RV). The Receiver engaged Lewis & Ellis, Inc. (L&E) to perform the independent valuation of the RV policies and portfolio. L&E was also asked to perform a stochastic analysis on the portfolio. The RV portfolio consists of 49 policies with a total face value amount of$134,835,000. The Receiver also hired Asset Servicing Group, LLC (ASG) to administer the portfolio. ASG provided the information used in the valuation. We received illustrations, annual statements, policy contracts, and life expectancy (LE) reports. The LE reports that we used in our analysis were provided by ISC Services, a life expectancy provider generally considered to be reliable. We also reviewed LE reports prepared by AVS and 21st Services, which were provided to us by the Receiver (via ASG). One policy has matured since the receivership began. This policy has been excluded from all of our analyses, and the received death benefit has been included in the total cash for the portfolio. The purpose of analysis is to provide the Receiver with a report of the actuarial value, as ofFebmary 28, 2011 (Valuation Date) of the portfolio. This report will also assist the Receiver with additional graphs and tools for their presentation to the courts and decision- making process on how to handle the portfolio. Limits on Distribution and Utilization This report has been prepared for the use of the Receiver in reporting to the Court and ill determining the best strategy for managing the portfolio. It is not appropriate for any other purpose. This report may not be distributed to any other parties without the prior consent of L&E. Any users of this report must possess a certain level of expertise in life insurance, the life settlement rndustry, statistics, and/or actuarial science so as not to misinterpret the data presented. Any distribution of this report should be made in its entirety. In addition, any third party with access to this report acknowledges, as a condition of receipt, that L&E does not make any representations or warranties as to the accuracy or completeness of the materiaL Any third party with access to these materials cannot brrng suit, claim, or action against L&E, under any theory of law, related in any way to this material. It is our understanding, upon which we are relying, that any recipient of this report will consult with and rely solely upon their own legal counsel with respect to definitions. No representation is made herein, or directly or indirectly by the report, as to any legal matter or as to the sufficiency of said defmitions for any purpose other than setting forth the scope of our Report hereunder. In connection with this Report, we have made such reviews, analyses, and inquiries as we have deemed necessary and appropriate under the circumstances. Lewis & Ellis, Inc. • Actuaries & Consultants 1 125  Exhibit 8 K&l Gates - Retirement Value Receivership Lewis & Ellis is available to answer any questions that may be raised by this report. Please direct any inquiries to Scott Gibson or Jacqueline Lee. Confidentiality of Review L&E recognizes that in the performance of the work, we acquired or had access to records and information considered confidential by the Receiver. L&E took steps to comply with all laws, regulations, and standards relating to confidentiality and privacy. Reliances L&E's work was based upon data and information obtained through the Receiver and ASG. Lewis & Ellis did not perform a detailed review of the data provided. L&E did review the data for overall appropriateness and reasonableness. The data appear to be appropriate for use. If there are any material inaccuracies in the data provided, the conclusions reached in this report may be invalid. We have relied upon and assumed, without independent verification unless noted elsewhere, that: 1. The life expectancies as presented are valid, reasonable, and proper; and 2. The life insurance policies' insured information, benefits, and structures are valid as presented. The professional fee for this engagement is not contingent upon the opinion ofthe value · set forth in the attached written report prepared by L&E. The report is based on valuation as of the February 28, 2011 valuation date. Subsequent events that could affect the conclusion set forth in the report include adverse changes in industry perfonnance or market conditions, adverse mortality experience, and changes to the business. L&E is under no obligation to update, revise, or reaffirmthe report. The report is intended solely for the information of the person or persons to whom it is addressed solely for the purpose stated, and may not be relied upon by any other person or for any other purpose without L&E's prior written consent. The conclusions set forth in the report are based on methods and techniques that L&E considers appropriate under the circumstances, and represent the opinion ofL&E based upon information furnished by the Receiver, ASG, and their advisors. Notwithstanding the foregoing, the opinions set forth in the report are not intended by L&E, and should not be construed, to be the investment advice in any manner whatsoever. Furthermore, no opinion, counsel, or interpretation is intended in matters that require legal, accounting, tax, or other appropriate professional advice. It is assumed that such opinions, counsel, or interpretations have been or will be obtained from the appropriate professional sources. Lewis & Ellis, Inc. • Actuaries & Consultants 2 126  Exhibit B K&L Gates- Retirement Value Receivership L&E is not guaranteeing, on any basis, the performance or success of the portfolio, the repayment of invested capital, or any particular rate of capital or income return. L&E assumes that the portfolio, the Receiver, and ASG have complied with all applicable federal, state, and local regulations and laws, unless the lack of compliance is specifically noted in the report. Except to the extent specifically disclosed in writing to L&E, the report also assumes that the portfolio has no material contingent assets or liabilities, no unusual obligations, or substantial commitments other than those incurred in the ordinary course of business, and no pending or threatened litigation that would have a material effect on the portfolio. L&E has not accounted for any no-lapse provisions that may be included with some of the policies. Lewis & Ellis, Inc. • Actuaries & Consultants 3 127  Exhibit B K&L Gates- Retirement Value Receivership II. Valuation Description of the Portfolio There are 49 policies in the Retirement Value portfolio with a total face value amount of $134,835,000. Asset Servicing Group, LLC (ASG) administers the portfolio. ASG provided the infonnation used in the valuation. We received illustrations, annual statements, policy contracts, and life expectancy (LE) reports. One policy has matured since the receivership. This policy has been excluded from all of our analyses, and the received death benefit has been included in the total cash for the portfolio. The purpose of analysis is to provide the Receiver with a report of the actuarial value, as ofFebruary 28, 2011 (Valuation Date) for the portfolio. The term "actuarial value" is defined as the amount at which the Portfolio (or more specifically the policies ofthe portfolio) would change hands between a willing buyer and a willing seller, each having reasonable knowledge of the relevant facts, with the presumption that actuarial assumptions and discount rates remain the same. We have not accounted for federal income tax in developing the actuarial value. All valuation methodologies used to detennine the actuarial value of the portfolio are predicated on numerous assumptions pertaining to prospective mortality experience. Unanticipated events and circumstances relating to such may occur and actual results may vary from those assumed. The variations may be materiaL The discount rate is an assumption that drastically affects the results of the actuarial value in our analysis. Careful consideration is made when choosing this assumption. L&E currently performs life settlement portfolio valuations on 10+ life settlement portfolios ranging from 2 policies to 1,100 policies. Based on our experience with these funds, their managers, and our general perception of the market, the current market discount rate utilized for buying and selling of policies and portfolios ranges from 10-21%. Factors influencing the estimated range are overall financial market conditions, life insurance carrier, freshness and quality of life expectancy evaluation(s), means of original policy acquisition, and quality of policy source provider. The actuarial value ofthe portfolio has an inverse relationship to the discount rate; therefore, if the discount rate decreases, the actuarial value of the portfolio increases. Prospective buyers in the life settlement market want the discount rate to be higher, which would drive the purchase price down. Since the Receiver is either selling or maintaining the policies in the portfolio, it is reasonable to assume a higher discount rate such as 18%. The total current death benefit for the policies, excluding the matured policy, in the portfolio is $124,835,000. As ofthe Valuation Date, the actuarial value ofthe Fund is $6,667,066 using the 18% discount rate. A value summary of policies held by the Lewis & Ellis, Inc. • Actuaries & Consultants 4 128  Exhibit B K&L Gates- Retirement Value Receivership portfolio is shown on the next page (Exhibit A) along with two other discount rate scenarios of 16% and 20%. Each policy has an escrow account that holds funds that will be used to pay future premiums and are referred to as "Premiwn Reserves." Exhibit B, which is on the page following Exhibit A, compares the number of months of premium reserves available to the number of months of the life expectancy for each policy. On average, the premium reserves do not provide enough funds to continue paying premiums from the escrow (roughly 45 months). None of the policies have enough funds to be able to pay premiums until the month of the policy's LE. The graph shows the number of months the premiums would be available in escrow as well as the number of months ofthe LEfor each policy. Lewis & Ellis, Inc. • Actuaries & Consultants 5 129  Exhibit B K&L Gates- Retirement Value Receivership Exhibit A -Net Present Values Probabilistic Basis As of2/28/2011 ~;'J:]i!W~~m-P:M-m:.JfllllW~~€I!i)~@r~~~A-,~ Policy* 16% 18% 20% AGL06L-I 02009-LM 430,848.67 383,494.19 342,423.11 AGL 130-01211 0-PM 269,496.00 238,743.88 211,694.59 AGL66L-071509-LB 92,756.91 78,344.01 66,253.45 AGL 73L-03 I 909-WK 234,996.40 187,977.64 149,979.28 ANJ521-102209-BW (97,289.63) (97' 142. 05) (96,860.07) ANI852-031909-HO (61,032.56) (82,323.33) (98,105.58) A VL 180-03051 0-MR 230,384.80 174,347.14 127,850.65 AXA091-012110-PC 223,817.25 141,417.18 74,542.53 AXA146-090409-GJ 14,138.90 (12,309.29) (33,270.10) AXA335-022410-PS 1,358.25 (27,854.75) (50,269.07) AXA597-110209-HM (20,644.43) (33, 126.09) (42,943.94) AXA 729-112009-SF 50,370.72 24,828.76 4,325.22 AXA804-031909-RM (208,052.03) (239,268.19) (262,592.30) AXA826-110509-1C 9,787.61 (7,258.07) (20,919.07) AXA994-011510-BD 198,237.45 156,145.06 121,214.96 HLI814-092509-MI 126,651.82 101,993.08 81,324.89 ING036-071509-EB (115,058.12) (140,372.55) (160,074.80) ING15J-121409-AK (53,774.30) (59,469.45) (63,612. 77) ING201-071509-AG (4,519.96) (41,979.86) (70,733.67) ING283-031909-AI 40,293.89 18,818.30 1,251.57 LBL 165-031909-NL 39,663.41 29,549.82 21,395.93 LBL361-021710-SW 122,252.87 98,117.47 79,019.11 LBL 771-110209-MF 309,382.49 267,941.88 233,119.47 LFG006-103009-JC (40,264 .98) (48,827.64) (55,183.87) LFG008-1 02909-RB 247,337.99 202,416.42 165,922.89 LFG081-021710-RC 42,470.43 33,072.64 25,507.48 LFG 117-021710-HW (3,005.66) (15,030.54) (24,438.59) LFG 177-031909-MC (21,043.53) (24,789.09) (27,199.85) LFG183-111109-MR 889,335.90 789,529.17 704,782.99 LFG248-0 1261 O-HM 318,870.03 264,166.14 219,337.68 LFG272-1 12009-PS 65,022.78 45,526.99 30,074.67 LFG311-0312IO-HM 530,789.97 439,612.29 364,907.59 LFG566-071509-MR 770,238.74 685,062.11 612,323.98 LFG591-031909-DH 181,443.04 155,770.93 133,968.32 LFG735-03051 0-AS 396,678.80 332,026.12 279,328.35 LFG740-071509RL 429,916.80 353,461.03 291,617.47 LFG782-090409-HO 1,623,780.92 1,490,304.07 1,3 72,485.14 LLJ899-1 02209-AT 445,960.12 334,404.40 243,834.63 MET650-071509-DF (275,274.43) (261,038.83) (248,187.16) MM1860-071509-~ (10,913.68) (26,973.98) (3 8,949. 70) 0~446-031909-RL 254,107.70 210,247.28 173,109.10 PLI680-1 02909-JS (82,486.24) (82,307.67) (81,650.23) PLI93 0-1 02009-HM (41,504.59) (49,846.58) (56,441.11) PLI980-1111 09-JS (374,822.02) (3 74, 179.87) (371,609.18) SLA338-112009-CD 49,363.12 24,405.72 4,167.34 SLA534-031909-LC (9,805. 77) (16,225.41) (21,410.62) TRA281-071509-RJ 75,834.79 50,174.42 29,153.13 \VPL982-071509-LB 36,547.44 29,341.76 23,498.39 Portfolio Total 8,298, 793.00 6,667,065.56 5,330,111.16 ""'Do hor t11clude any no-lup:ir: guarantees Lewis & Ellis, Inc. • Actuaries & Consultants 6 130  'ii-"Pl9SJ...(J"Il51J~LB T f m.A:lll-Q715()~-'RJ l SLA'iN-Il3t90\l-I..C SLA33~-IUOU'J.-CD PH!lSQ-lnJO~JS PLl93(1.ltJ:WIJ!l-ill-! 01\.llM-15.(]3191J9--kL ]\&lffi60-CI'7)509-"t;-JT, :t.1EU~0-071SQSI-DF >, u = = tl... UG1Sl.{l~Cf9..HO c. LfG1.W..U1l~ll\lkL ~ fool ~ )..FG135-D3'J51(1-A': ~ f ::3 .. -=... LFIJ~9l·03191.l~DH - LfG~6li-(l-'il51l9-I\.!R. ..s U'G311-00111CI-ffi.! -=..."' LFG211-IIW09--l:'S = 0 J..FG1~~-'l!1-filll-ffl'>1 ~ .....0 U'Gl83-lill09-]I,!R -=e ... .c lJIGlTI-031900-MC L'FGI11-0ll7L(I-ITW z..; l.FGQ8J.J)Zl710.RC ... ·s -> e"' = ~ 0 LFGOOS-:W2'909-'R!! J..f(l(l0f:i-l030(1NC ~~ 0 "" ;s •... ~ QO LllL77l·llOOOS'-!.W -= "0 ..... ~ ~ N . "' UU.3Gl-0217.(1...SW fool 0 ~ -.. LBLU\~-Il3191J9-},-L 0 < TNG;lll,'I-CB!90S'-AJ: "' fool .....0 ING2l)J.Q71~09·AG '~ -=..."' I:.1GI51-111409-AK 0= n.TG03(;-!.11!5C19-EB ::E ..... HU8Jol--j)9:!5Q!l-)...1L -.e .c 0 AXA994-tlll51CI-RD II.."'';.AQ-11\l~Q~IC z= AXA!l04.(13191Jo!l-R.'YI. =. ... f... .o\XA729-II::lQ~-SF AXAS'n-lltJWSJ--H_"\1 .c = 0 >l _-\X}\335-'l:lH)Il-J>3 - .;!l e = c. 0 A.'{Al#-0904()9--GJ AXAOn-Ol:l:lli)...I'C u •f o\.VL.l80..fi3CI'S-l(I.;-..:IR AN1S~24"3l909--.HO J,NJ52l-l0:12ll'9-BW ~ ~ l:i AGL13L--(t31$'1.1~\\!K ~ ·~ ~ .:l AG1ML-Oil50Sl-LB ~ c'l !!! r:- ;;; AG-Ll3(J-.(Jt:l.1LO·Fl\-l "'·~ ""g ii !i I _'o.Gl1l!OL-IU10()!l-lM ~ ~ ~ ~ -"" .. 111 ~ 0 ~ . . "'~ •~••"u~•••-••'""-- ·~ ~ 131  Exhibit B K&L Gates- Retirement Value Receivership Qualifications (to includeS. Scott Gibson, FSA, MAAA and Jacqueline B. Lee, FSA, MAAA) Lewis & Ellis, Inc. has been an actuarial consulting firm for over 40 years with offices in Dallas, Kansas City, London, and Baltimore. Scott Gibson has been a consultant with L&E in the Dallas office since 1987 serving as a partner since 1993. Jackie Lee has been with Lewis & Ellis since 2008. Scott and Jackie are Fellows of the Society of Actuaries and Members of the American Academy of Actuaries. Scott served as a Board Member of the Life Insurance Settlement Association (LISA) for nearly five years starting in November 2005. Scott specialized his entire actuarial career, which started in 1981, in the life insurance area and has been working/serving the life settlement market since 2004. In 2004, Jackie began her actuarial career serving the health insurance industry, and she transitioned over to the life settlement industry at L&E. For life settlement work, they provide policy pricing, policy/fund valuations providing policy pricing, policy/fund valuations, and general consulting on an independent basis. Valuation Methodology The policies are valued based on the Probabilistic Method. The life expectancy, account values, and illustrations were provided to L&E from ASG. Upon receiving the information, L&E solved for the cost of insurance rates. The projected cash flows will be determined based on mortality probabilities. Other specific items included and utilized in the valuation: Base mortality table is the 2008 Valuation Basic Table (2008 VBT) Select that is gender and smoking class distinct; whereby age is on an ANB (age near birthday) basis. Every life expectancy (LE) provided came from ISC Services and a constant multiplier is determined such that when applied to the 2008 VBT and adjusted for the multiplier, the adjusted mortality table produces a calculated LE equal to the underwriter's LEas of the underwriting date. Based on the final adjusted mortality tables, a continuance table is developed based on the assumption that the survivorship is 100% as of the valuation date, and showing the probabilities of death occurring in each of the following month, and the cumulative probability of survival to each future month. Estimates of future premiums, after the valuation date, are the minimum premium streams calculated from the current values on the illustration. The premium streams are those used in pricing the case, and reflect the minimum premiums required to fund the policy short oflapsation, based on the insurance company policy illustration and verification of coverage (VOC) data. As months elapse, the new value of the asset will take into consideration the new projected cash flows based on the survivorship of the policy. Lewis & Ellis, Inc. • Actuaries & Consultants 8 132  Exhibit B K&L Gates- Retirement Value Receivership On a monthly basis the projected cost of insurance will be assumed to have been paid. We are relying on and using the LE's that they have currently been provided. As we are not medical underwriters, we cannot opine as to the methodology embedded in or the accuracy ofthese LE's. Asset Value Calculation Formula: X The insured's age at LE underwriting. w The last age of the mortality table; 115 for 2008 VBT. tPx The probability of a person age x surviving t years. tQx The probability of a person age x dying within t years. t!Qx The probability of a person age x surviving t years then dying in the next year. Ex The life expectancy in years of a person age x. This is the sum of tP:x for t= 1 to w minus x. Mult The mortality scalar multiplier applied to the Base mortality table such that Ex equals the Life Expectancy Provider's provided LE. tDB The face amount of the policy in year t. tMP The projected minimum policy premium to be paid in year t. tEDB The expected death benefit to be collected in year t. This equals tDB times t!Qx. It should be noted that the sum of all tEDB' s equals the face amount of the policy. tEMP The expected minimum policy premium to be paid in year t. This equals tMP times tPx. i The policy applicable discount rate as defmed above. NPVy(tEDB) The net present value of the expected death benefits to be collected. This equals the sum of (1 +i) to the ( -t+y) power times tEDB for t=y+ 1 to w-x. The assumption is that the death benefit is paid at the end of the policy year. NPVy(tEMP)The net present value of the expected minimum policy premiums to be paid. This equals the sum of ( 1+i) to the ( -t+y+ 1) power times tEMP for t=l to w-x. The assumption is that premiums are paid annually at the beginning of policy year. ppp The policy purchase price. This equals the sum ofNPVOEDB minus NPVOEMP. NAVy The net asset value of the policy at the end of year t. This equals (the sum ofNPVy(tEDB) minus NPVy(tEMP) divided by tPx. The above formulas are presented on an "annual" basis for simplicity and ease of understanding. The reality is that we make these calculations on a monthly basis with the same principals being applied. Essentially, "t" becomes a measure of months. Proper adjustments are made to the minimum premium component to accommodate for varying modes of payment. Lewis & Ellis, Inc. • Actuaries & Consultants 9 133  Exhibit B K&L Gates - Retirement Value Receivership Ill. Stochastic Modeling L&E was also asked to provide additional graphs and analysis that would help the Receiver make the appropriate decisions on the behalf of the investors in the policies. Specifically, the Receiver wanted to know how much cash they need to pay all future premiums and see all policies to maturity (Premiums Needed). Also, the Receiver wanted to know the net cash received if all policies matured and accounting for taxes (Net Cash at Maturity) for the portfolio. The net cash also includes over $29 million that the Receiver has in escrow and operating cash for the portfolio. The Receiver's accountant provided guidance on the taxation of the policies. The 35% tax rate is applied to the gain when the death benefit is paid. The gain is the face amount of the policy less the basis (the costs) that RV had in the policy. The basis includes the cost of acquiring the policy as well as all premiums paid on the policy prior to maturity. Our model takes into account the increase in basis resulting from future premium payments. The tax was calculated at the policy level. L&E used a Monte Carlo simulation to randomly generate the LE's by policy based on each individual's survival curve that was developed during the valuation analysis from the underwriter's LE's. The simulation ran 100,000 iterations. The base case is defmed as the scenario where the LE's are equal to the LE provided by ISC. The following chart provides the statistics for the "Premiums Needed" and "Net Cash at Maturity." Premiums Portfolio - Net Statistics Needed Cash at Maturity Trials 100,000 100,000 Base Case (at LE) 28,995,631 91,188,233 Mean 9,955,226 77,548,109 Median 9,481,410 77,934,276 Standard Deviation 4,526,196 7,511,097 Minimum 0 40,214,472 Maximum 35,319,223 102,685,783 The graph on the next page shows the frequency graph for the Premiums Needed. The graph displays the results from the 100,000 iterations. The graph shows the median, 95th percentile, and 97 Y2 percentile. Lewis & Ellis, Inc. • Actuaries & Consultants 10 134  Exhibit B K&L Gates- Retirement Value Receivership Exhibit C Lewis & Ellis, Inc. • Actuaries & Consultants 11 135  Exhibit B K&L Gates- Retirement Value Receivership The next graph shows the results for the net cash at maturity for the portfolio. As explained earlier, the net cash at maturity is the amount of death benefits paid after all policies have matured less taxes and anticipated premiums after 2/28/2011. The net cash also includes the total cash on hand with the Receiver for the RV portfolio. This amount is $29.17 million and is added to the total death benefits less taxes and premiums paid. The graph resembles a normal distribution, and we have displayed the 68% confidence interval and the 95% confidence interval. Based on the simulation, we are 68% confident that the cash received after all maturities will be between $70.0 million and $85.1 million. Likewise, we are 95% confident that the cash received will be between $62.5 million and $92.6 million. Lewis & Ellis, Inc. • Actuaries & Consultants 12 136 ....... :.0 ..c X w ·- ..c .... en II) .tl t:: .::: II) .8 c.,) ~ II) a:: "'a t:: II) \..) = 00 - > m = II) E .... II) "' -~ '- tl .... :::l. <...> <:;( :;:::: • II) (,;j a:: .s I .... - ~ en II) m m ~ c:J ..... -~ oa S: cu =-:::: -.1 137  Exhibit B K&L Gates- Retirement Value Receivership IV. Summary Eduardo S. Espinosa is the court-appointed receiver for Retirement Value, LLC. The Receiver engaged Lewis & Ellis, Inc. to perform the independent valuation ofthe RV policies and portfolio. L&E was also asked to perform a stochastic analysis on the portfolio. The RV portfolio consists of 48 policies, excluding the matured policy, with a total face value amount of $124,835,000. The Receiver also hired Asset Servicing Group, LLC to administer the portfolio. ASG provided the information used in the valuation. We received illustrations, annual statements, policy contracts, and life expectancy reports. The purpose of analysis is to provide the Receiver with a report of the actuarial value, as of February 28, 2011 of the portfolio. This report will also assist the Receiver with additional graphs and statistics based on stochastic modeling of the portfolio for their presentation to the courts and decision-making process on how to handle the portfolio. Analysis • The actuarial value of the portfolio as ofFebruary 28, 2011 is $6,667,066 with an 18% discount rate. • L&E used a Monte Carlo simulation to randomly generate the LE's by policy based on each individual's survival curve that was developed during the valuation analysis from the underwriter's LE's. o Premiums Needed: The Receiver wanted to know how much cash they need to pay all future premiums and see all policies to maturity. o Net Cash: Also, the Receiver wanted to know the net cash received if all policies matured and accounting for taxes for the portfolio. The net cash also includes over $29 million that the Receiver has in escrow and operating cash for the portfolio. . . . . . . . .. . ···· ...· .. · · · .. ·. . . . . . . . ,.· .. ~",''''.," S. Scott Gibson, FSA, MAAA ·ft~;·······~············;···· Jacqueline B. Lee, FSA, MAAA Senior Vice President & Principal Vice President & Consulting Actuary Lewis & Ellis, Inc. Lewis & Ellis, Inc. May 2, 2011 May 2, 2011 Lewis & Ellis, Inc. • Actuaries & Consultants 14 138  EXHIBITC LFG177 -031909-MC 149 222 LFG081-02171 0-RC 140 216 LFG7 40-071509RL 127 194 LFG006-1 03009-JC 127 196 LFG591-031909-DH 95 148 LFG008-1 02909-RB 121 191 LFG782-090409-HO 68 113 LFG272-112009-PS 140 216 LFG566-071509-MR 118 188 LFG183-1111 09-MR 118 188 LFG117-021710-HW 140 217 LFG735-03051 0-AS 125 197 LFG311-031210-HM 127 192 LFG248-01261 O-HM 127 192 LBL 165-031909-Nl 120 186 LBL771-11 0209-MF 102 158 LBL361-02171 0-SW 129 197 AGL73L-031909-WK 149 223 AGL66L-071509-LB 125 197 AGL06L-1 02009-LM 97 161 AGL 130-012110-PM 64 121 ANI852-031909-HO 129 198 AN 1521-1 02209-BW 85 146 AXA804-031909-RM 158 229 AXA 146-090409-GJ 140 217 AXA826-11 0509-IC 129 198 AXA994-01151 0-BD 112 173 AXA 729-112009-S F 141 213 AXA597 -11 0209-H M 135 203 AXA091-01211 0-PC 125 197 AXA335-02241 0-PS 161 237 SLA338-112009-CD 125 197 SLA534-031909-LC 113 181 MMI860-071509-ML 162 242 PLI980-111109-JS 150 220 s p Ll680-1 02909-J 150 220 P Ll930-1 02009-H M 135 203 PLI140-111109-DM NA NA ING036-071509-EB 132 206 ING201-071509-AG 127 196 ING15J-121409-AK 120 187 ING283-031909-AI 105 168 LLI899-1 02209-AT 126 192 M ET650-071509-D F 127 197 TRA281-071 509-RJ 118 188 HLI814-092509-M I 110 178 WPL982-071509-LB 119 182 OML446-031909-RL 91 151 A VL 180-03051 0-M R 118 188 Average 123.98 192.08 139 Exhibit C 140  •K&L GATES LLP Retirement Value POLICY, PORTFOLIO, &STOCHASTIC ANALYSlScREVISED June 27J 2011 Lewis & Ellis, Inc. Actuaries & Consultan_ts S. Scott Gibson, F.S.A. 1 M.A.A.A. Jacqueline B. Lee1 ES.A.., M.A.A.A, 141 K&L Gates.-Retirement Value Receivership POLICY, PORTFOLIO, & STOCHASTIC ANALYSIS Table ofContents Section Page I. Purpose.and Scope.................._..,."······ .. ······-•....................... _........._.................... _.. I II. Valuation._ .. ,... ,.:..•-.....,..,._...... ,...•-..-........ _..............................._.................. ,.._., ......-..:•. ·.. 4: "III. -Stocha.Stic Modelihg.. -........... -............... _........._..,_ .._.............. _, .. _.. ,_._, ...... ,..._., .... ,.-._.. -.. 8: IV. Suniniary-.................. .- .......... -..........-............:.. -•·····'·"···-······•···"··--···-···----............. 12 Lewis & Ellis, Inc. • .Actuaries & Consultants 142 K&L Gates- Retirement Value Receivership I. Purpose and Scope Eduardo S. Espinosa (Re<.;eiver) is the court-'appointed receiver for Retirement Value, LLC (RV). The Receiver engagedLewis & Eilis, Inc. (L&E) to perform the independent valuation of the RV policies and portfolio. L&E was also asked to perfotrn a stochastic analysis on the portfolio. The RV portfolio consists of 49 policies with a total face value amount of$134,835,000. The Receiv<::r also hired Asset Servicing Group, LLC (A$ G) to administer the portfolio. ASG provided the information used in the valu(ltion. We received illustrations, annual statements, policy contracts, and life expectancy (LE) reports. The LE reports that we used in our analysis were provided by ISC Services, a life expectancy provider generally considered to be reliable. We also reviewed LE reports prepared by A VS and 21st Services, which were provided to us by the Receiver (via ASG). One policy has matured since the receivership began. This policy has been exclud~d frqm all of out analyses, and the received death benefit has been included in the total cash for the portfolio. The purpose of analysis is to provide the Receiver with a report of the actuarial value, as of February 28, 2011 (Valuation Date) of the portfolio. This report will also assist the Receiver with additional graphs and tools for their presentation to the courts and deci.sion- making process on how to handle the portfolio. Limits on Distribution and Utilization this report has been prepared for the use of the Receiver in reporting to the Court and in determining the best strategy for managing the portfolio. It is not appropriate for any other purpose. This report may riot be distnbuted to any other parties without the prior consent of L&E. Any users of this report must possess a. certain level of expertise in life insurance, the life Settlement industry, statistics, and/or actu\lfial science so as not to misinterpret the data presented. Any distribution of this report should be made in its entirety. In addition, any third party with access to this report acknowledges, as a condition of receipt; that L&E does not make any representations ot warranties as to the acqrracy or: c:ompleteness of the material. Any third party with access to these materials cannot bring suit, claim, or action against L&E, under any theory of law, related in any way t() this material It is our understanding, upon which we are relying, that any recipient ofthis report will consult with and rely solely upon their own legal counsel with respect to definitions. No representation is made herein, or din;ctly or indirectly by the report,. as to any legal matter or as to the sufficiency of said definitions for any purpose other than setting forth the scope of our Report hereunder. In connection with this Report, we have made such reviews, analyses, and inquiries as. we have deemed necessary and appropriate under the circumstances. Lewis & Ellis, Inc. • Actuaries & Consultants 1 143 K&L Gates- Retirement Value Receivership Lewis & Ellis is available to answer any questions that may be raised by this report Please direct any inquiries to Scott Gibson or Jacqueline Lee. Confidentiality of Review L&E recognizes that in the_ performance ofthe work, we ~cquited or had access to records and information considered coi:Ifidential by the Receiver. L&E took steps to comply with all laws, regUlations, and standards relating to confidentiality and privacy. Reliances L&E's work was based upon data and information obtained tlu:m.J.gh the Receiver and ASG. Lewis & Ellis did not perform a -detailed review of the data provided. L&E did review the data for overall appropriateness and reasonableness, The data appear to be appropriate for use. If there are any material inaccuracies in the data provided, the conclusions reached in this report may be invalid. We have relied upon and assumed, without independent verification unless noted elsewhere; that: L The life expectancies as presented are valid, reasonable, and proper; and 2. The life insurance policies' insured information, "benefits; and structures are valid as presented. The professional fee for this engagement is not contingent upon the opinion of the value set forth in the at:mched written report prepared by L&E. The report is based on valuation as of the February 28, 201Ivaluation date. Subsequent even1$ that could affect the conclusion set forth in the report include. adverse changes in. industry performance or market conditions, adverse mortality experience, and changes to the business. L&E is under no obiigatlon to update, revise, or reafftnn the report. The report is intended solely for the information of the person or persons to whom it is addressed solely for the pmpose stated, and may not be· relied upon by arty other person or for any other purpose. withoutL&E' s prior written consent. The conclusions set forth in the report are based on methods and techniques thatL&E considers appropriate under the circumstances, and represent the opinion ofL&E based upon information furnished by the Receiver,ASG, and their advisors. Notwithstanding the foregoing, the opinions set forth ill the report ate not intended -bY L&E, and should not be construed, to be the investment advice in any manner whatsoever. Furthermore, no opinion, counsel, or interpretation is jntended in matters tl;lat require legal, accounting, tax, or other appropriate professional advice. It is assumed that such opinions, counsel, or interpretations have beeri ot will be obtained from the appropriate professional sources. Lewis & ElliS, Inc. • Actuaries & Consulta,nts 2 144 K&L Gates - Retirement Value Receivership L&E is not guarantet;:ing, on any basis, the performance or success of the portfo1io, the repayment of invested capital, or any particular rate of capital or income return. L&E assumes ttlat the portfolio, the Receiver, and ASG have complied with all applicable federal, state, and local regulations and laws, unless the lack ofcompliance is specifically noted in the report. Except to the extent specifically disclosed in writing to L&E, the report also assumes that the portfolio has no material. contingent assets or liabilities, no unusual obligations, or sul:lstantial contrni1Jnents other than those incurred in the ordinary course of business, arid no pending or threatened litigation that would have a material effect on the. portfolio. L&E has not accounted for any no-lapse provisions that may be ineluded with some of the policies. · Lewis &Ellis, Inc. •Actuaries & Consultants 3 145 K&L Gates - Retirement Valu!J Receivership U. Valuation Description of the Portfolio There are 49 policies in the Retirement Value portfolio with a total face value amount of $134,835,000. Asset Servicing Group, LLC (ASG) administers the portfolio. ASG provided the information used in the valuation. We received illustrations, annual statements, policy contracts, and life expectancy (LE) reports. One policy has matured s_ince the r(;:ceivership. This policy ha!S qeen ex.cluded from all of our analyses, and the received death benefit has been included in the total cash for the portfolio. The purpose ofana:lysis is to provide the Receiver with a report of the actuarial value, as ofF ebruary 28, 2011 (Valuation Date) for the portfolio. The term ''actuarial value" is defined as the arnOliht at which the Portfolio (or more specifically the policies ofthe portfolio) would change hands between a willing buyer and a willing seller, each having reasonable knowledge of the relevant facts:, with the presumption that actuarial assumptions and discount rates remain the same. We have not accounted for federal income ta:x itt developing the actuarial value. All valuation methodologies used to determine the actuarial value of the portfolio an: predicated bi1 numerous assumptions pertaining to prospective mortality experience. Unanticipated events and cirqumstance$ rell:ltirtg to such may occur and actual results may vary from those assumed. The variations rrtay be materiaL The discount rateis an assumption that drastically affects the results of the actuarial value in out analysis, Careful consideraticm is made when choosing this assutnption. L&E currently-perferins life settlement portfolio valuations on l O+ life settlement portfolios ranging from 2 policies to 1,100 policies. B.ased 011 our experience with these funds, their managers, and our general perception ofthe market, the current market discount rate utilized for buying and selling ofpolicies and portfolios ranges from l0-21%. Factors influencing the estimated range are overall financial market conditions, life insurance carrier, freshness. and quality of life expectancy evaluation(s), means of original policy acquisition; and quality of policy spurce provider. The 43.88 211,694.59 AGL66L-071509-LB 92,756.91 78,344.01 66,253AS AGL73L-031909-WK 234,996.40 187,977.64 149,979.28 ANI521-1 02209-BW (97,28\:!_63) (97,142.05) (96,860.07) ANl852-031909-HO (61,032.56) (82,323.33) {98,105.58) AVL180-030510-lyfR 230,384.80 174,,347._14 127,850:65 AXA091-{)I2i 1;0-PC 223,81725 14I,4i7:18 •74,542.53 AXAi46-090409-GJ (12,309_29) (12,309 .29} (33,27(UO) AXA335-022410-PS 1,358.25 (27,854. 75) (50,269.07) AXA597-110209-HM (20,644.43) (33, 126.09) (42,943.94) AXA729-ll2009-SF 24,828.76 24,828.76 4,325.22 AXA804-031909-RM {208,052.03) (239,268. 19) ' (262,592.30) AXA826-ll0509-!C (7,258.07) (7;258.07) (20,919.07) AXA994-011510-BD 198,237.45 156,145.06 .· 121;214.96 HLI814-092509~M[ 101,993.08 101,993.08 81,324.89 ING036-07i 509-EB ci4o,3n.ss) (140;372.55) (160,074.80) ING 15J-121409-AK (59,4(59.45) .(5:'1,469.45) {63,612 77) ING201-071509-AG (4,519.96) (41,979.86) {70,733.67) ING283-031909~AI 18;818.30 18,818.30 1,251.57 LBL165-031909-NL 39;663 4] 29,549.82 21,395.93 LBL36l-021710-SW 122,252.87 98,117.47 79,0'19.11 LBL771-11 0209-MF 309)82.49 267;941.88 233,119:47 LFG006-103009-JC (40;264.Si8) (48,827.64) (5S,I83.li7) LFG008~1029Q9-RB 247,337.99 202,416.42 165,922,89 LFGOH-021710-RC' 42,470.43 33,072.64 25,507.48 LFGll7-0217lO~HW (3,005.66) (15;03054) .· (24,438.59) LFG177 -031909-MC (21,043.53) (24,789.09). (27,199.85) LFG183-'1111 09-MR. 889,335,90 789;529.17 704,782.99 LFG248-01261 O~HM 318,870.03 264;166.14 219,33H8 LFG272-112009-PS. 65,022.78 45,526,99 30,074.67 LF(}Jll-031210-HM 530,789.97 439;612.29 364,907.59 LFG566-071509-MR 770,238.74 685;062.11 612,323.98 LFG59i -03l909~DH 181,443.04 155;770.93 133,968.32 LFG735-030510-AS 396,678.80" 331;026.12 279 ,328".35 LFG740~071509RL 429~916.80 353,461.03 291,617.47 LFG782-0904Q9.-HO 1,623, 780.92 1,490';304 .07 1,372,485.14 LL1899- I 02209-AT 445,960..12 334,404.40 243,834.63 MET650-071509-DF (275)74.43) (261;038.83) (248, 187 .16) MMI860-071509.;ML (26,973.98). (26,973 .98) {38,949.70) OML446-03Ei09-RL 210,247.28 210;24.7 28 173,109.10 PLI680-1029McJS (82,486.24) (82,307 ..67) . (~1,65023) PLI93 0-I 02009-HM (41,504.59) (49,846.58) (56,441.11) PLI980- I 11109-JS (374;822.02) (374;179.87) (371,609.18) SLA338-I12009-CD 49,363.12 24,405.72 4,167.34 SLA534-031909-LC (9,805.77) (!6;225..4!) ' (21,410.62) TRA28l-071509-RJ 75,834,79 .50; 174.42· 29,153.I:i WPL982-{)71509cLB 36,547.44 29 341.76 23,498.39 Poitfolio T-otal 7,095,792 5,700,917 4,363,96:1 'EtdudetP/..1140-1 Jl!IJ9,DM L~is &; Ellis, Inc. • Ac;tuaries & Consultants 6 148  H&L~olsl• RO!Iroiriani.V.Ios Roo•l•orohlp ,., E~bibitB !1JJi~H!H!!I!!Hil;I!J!!I!I\M~i\!!il~i:iiHR1i!ITfl!m 1ifflli Comparison be.tween Number of Months of Escrowed Premiums vs. Number ofMo.nths for the Life ExpectaQcy t't-.'lli'l\1111 [t··~lll'\ As QU/28/ZOll "' j.-------------------lH-------c-c------ '"4--'-----~ ,, ~uHI--gi---IIHII--ill-l--lH 111 m w 111----lli-------- IQ\11-·111.-·~-~-----1&1-·-·,....-·· ·-····---~~Ill~ M 1-~1-lii~HI--Ill-lll-lU~"-m'-'"-'"- -lll----ji-clll-111-lll---~ : • " . n -··-~•~~~.m-••1.--JH-Ill~l!l- --~lf--lli-HI·"···!U-:'H- ' " f~~ltD-----M~IIJ--18.--•ll--'-u.ll- . . . . •M-•n•--.n.....___u,~-~ " ><· ·~ ~ ·~ ~ iii ~ ~ ~ ·~ .~ I ; !~ ~ i ~ ! ~ ~ ·~ ~ ~ l ~ ·~ ~ ~ ~ ~ ~ ~ ~ l I 1 !.~· ~ ~· ~· ~ .~ i ~ I ~ il ~ I !r ~ j •" ~ I i ! j ~ ·~ -:~ ·~ ~· t I I ~ [l ~ ~ I! g 8 :~ -i" .~ l i ~ ·~ ~ :~ ~· ~ ~ ~ r; ~ ~ ~ ~ ~ ~ I ~ ~ ~ • ! -~ § ~ ·~ i ? ~· ·~ ~· ~ ~.I f f j ~ ~ ~ ·~· ~ ~ ~ ¥ ~ ~ ~ ~· 0 Pcdide,"l * I ___j L~d ~Jr•.c: "'Aanwl~.:r& CI!!U~lhmb· 149 K&LGates - Retirement Value Receivership Qualifications (to IncludeS. Scott Gibson, FSA, MAAA and Jacqueline B. Lee, FSA, MAAA} Lewis & Ellis, Inc~ has been an actuarial collsultjp_g fmn fat over: 40 year!> with offices in Dallas, Kansas City, London; and Baltimore. Scott Gibson has been a consultant with L&E iothe Dallas offie:e since J9S7 serving as ·a partner since 1993. Jackie Le(;': has been with Lewis &Ellis sin,ce 2008. Scott and Jackie are Fellows of the Society of Actuaries and Members of the American Academy of Actuaries. Scott served as a Board Member of the Life Insurance Settlement Association (LISA):for nearly five yeru::sstarting in November 2005. Scott specialized his entire actuarial C!:!:feer, wh~ch started in 1981, in the life insurance area and has been working/serving the Jife settlement market since 2004. In 2004, Jackie began her actuariaJ career serving the health insurance industry, and she ttansitioned over to the life settlet:nent industry at L&E. For life settlement work, they provide policy pricing, policy/fund valuatiOns providing policy pricing, policy/fund valuatiohS, and general consulting oh an independent basis. Valuation Methodology The policies are valued based on the Probabjlistic Method. The life expectancy, account values, and illustratiollS were provided to L~Efrot:n ASG. Upon receiving the infonrtation, L&E solved for the cost of insurance r:ates. The projected cash flows will be determined based on mortality probai;Jilities. Other specific items included and utilized in the valuation: Base mortality table is the 2008 Valuation Basic Table (200-8 VBT) Select that is gender and smoking class distinct; whereby age is. on an ANB (age near birthday). basis. EVery life expectaQcy (LE) provided came from ISC Services and a constant multiplier is deteriJ)ined such that when appli'ed to the 2008 VBT and adjusted for the multiplier, the adjusted mortality table produces a calculated LE equal to the nnderwriter' s LE as of the underwriting date. Based on the final adjusted mortality tables, a continuance table is developed based on the assumption that the survivorship is l 00% as of the valuation date; and showing the probabilities of death occurring in each of the following month, and the cumulative probability of survival to each future month. Estimates of future premiums, after the valuation date, are the minimmn premium streams calculated from the current values on the illustration:. The premium streams are those used ill pric,ng the case, and reflect the minimum premiums required to fund the policy shortofh1psation, based on the insurance company policy illustration and verificati9n of coverage (VOC) data. As months- elapse, the new value of the asset will take jnto consideration the new projected cash flows based Oil the survivorsh~p of the policy. Lewis t?t!Jllis, Inc; • Actuaries & Consultants 8 150 K&L Gates - Retirement Value Receivership On a monthly basis the projected cost of insurance will be assumed to have been paid. We are relying on and using, the LE' s that they have currently been provided. As we are not medical underwriters, we cannot opine as to the methodology embedded in or the accuracy of these LE's. · Asset Value Calculation Formula: x The insured's age at LE underwriting. w The last age of the mortality table; 115 for2008 VBT. tPx The. probability of a person age x surviving t years. tQx The probability of a person age x dying within t years. ti Qx The probability of a person age x surviving t years then dying in the next year. Ex The life expectancy in years of a person age x. This is the sum of tPx fort= 1 to w minus x. Mult The mortality scalar multiplier applied to the Base mortality table such that Ex equals the Life Expectancy Provider's provided LE. tDB The face amount of the policy in year t. fMP The projected minimum policy premium to be paid in year t. tEDB The expected death benefit to be collected in year t. This equals tDB times t!Qx. It should be noted that the sum of all tEDB' s equals the face amount of the policy. tEMP The expected minimum policy premium to be paid in year t. This equals tMP times tPx. i The policy applicable discount rate as defined above. NPVy(tEDB) The net present value .ofthe expected death benefits to be collected. This equals the si.un of (I +i) to the ( ~t+y) power times tEDB for t=y+ 1 to w~x. The assumption is that the death benefit is paid at the end ofthe policy year. NPVy(tEMP)The net present value of the expected minimum policy premiums to be paid. This equals tlie sum of (1 +i) to the ( ~t+y+ 1) power times tEMP fort;= 1 to w~x. The assumption is thatpremiums are paid annually at tlie beginning of policy year. ppp The policy purchase price. This eqtials the sum ofNPVOEDB minus NPVOEMP. NAVy The net asset value of the policy at the end of year t Tl.tis equals (the· sum ofNPVy(tEDB) minus NPVy(tENIP) divi4ed by tPx. The above fonnulas ar:e presented on an "annual" basis for simplic:ity ancl. ease of Understanding. The reality is that we make these calculations on a_ monthly basis with the same principals being applied. Essentially, ''t'' becomes a measure ofmonths, Proper adjustments are ma,de tQ the minimum premium component to accommodate for varying modes of payment. Lewis & Ellis, Inc. "'Actuaries~ Consultants 9 151 K&L Gate~ -Retirement Value Receivership Ill. Stochastic Mod.eling L&E was also asked to provide additional graphs and analysis that would help the Rec~iver make the appropriate decisions. on the behalf of the investors in the policies. Specifically, the Receiver wanted to know how much cash they need to pay all future premiums and see all policies to maturity (Premiums Needed)~ Also, the Receiver wanted to know the net cash recdve4 if all policies matured and accounting for taxes (Net Cash at :Maturity) for- the portfolio. The net cash also include;; over $29 million that the Receiver has in escrow and operating cash for the portfolio. The Receiver; s ac;countant provided guidance on the taxation of the policies. The 35% tax rate is applied to the gain when the death benefit is paid. The gain is the face amount of the policy le~s the basis (the costs) that RV had in the policy. The basis includes the cost of acquiriqg the policy as well a~ all premiums paid on the policy prior to maturity. Our model takes into account the increase in basis resulting from future premium payments. The tax was calculated at the policy level. L&E used a Monte Carlo simulation to randomly generate the LE's bypolicy based on each individual's sunrival curve that was developed during the valuation analysis from the underwriter; s LE; s. The simulation ran 100,000 iterations. The base case is. defmed as the scenario where the LE;s are equal to the LE provided by ISC. The following chart provides the statistics for the "Premiums Needed" and ''Net Cash at Maturity." Premiums Portfolio ~.Net Statistics Needed Cash at Maturity Trials 100,000 100,000 B;ase Case (atLE} 28,995,631 91,18'8,233 Mean 9,955,226 77,548,109 Median 9,481,41(}. 77;934,276 Standard Deviation 4,526,196 7,511,097 Minitrnim 0 40,214,472 Maximum 35,319,223 102,685;783 The graph on the next page shows the frequency graph for the Premiums Needed. The . graph displays the r:esul~· from the 100,000 iterations. The graph shows the median, 95th percentile, and 97 Yz percentile, LewiS & Ellis, Inc. • Actuaries & Consulta,nts 10 152  K&L Gates - Retirement Value Receivership E:xhibit C FO!~U0!1¢y V!.W 9~.mlliopi"Y"d J. . ,...,=·=..,....--..-.. !00,000 Tr!Oio ~-:;;;;;:.:-.-~~-~--::=~-;;;;_~~-l':'m=.l.m"""'!r..,..;.;~""'~r~=::?"'~=---~ m::-=-=• . ··~--·-· ~ n..,n~'I':'I'I'Pr"e~i~":t·N-~elled"""'"~~=,::,J= . . -·. . . . . .~....p.i..-=:u-=~ilf... w.i,""!=""'=~~,..~= ~~~~-~-~;';'r;.,~1~~"1-~~---r=~::.~l1 ~~ • • • ·-· • • ' : " • '. " ' _._,,' •• , •• '. • ••••••• ··-· - - - · - - ~ - . -- - - - · --· · - · --- c - - ----------" -· II!I (1 . '2,100. ·; t 0.02 , _ _ ·--· .... ., 2.000 'I I . I !. LOOO J ~ 1.100. I ~ " I ~-r; 1.6c-6 1.fi()l) .I I l_AOO I j;3c-\) jl iii' .1:::: 1' 1.200 ;r 1. E ! ..oil c:_, t-- 1,!00 -~---r-:··--,··-- !rl· I. fl. Ml 1.00\1.!( jll I.·~- F I ! i ' ·900 ~00 I II ~ t ~ ;- 700 ! '600 J -~ 5W 40~- l !1 3W il ) ! 20P 11 l I j ~~~~!'!~-·":.,.~~'"J 100 l Mo··- ' -L~ ....,:..-:~~~'-'-""-"=-"'' ,__. -···,..,. =-""' ··-=- ~'~"""'"~"''''=='-~'-'~lill!rv.rrl"ffj-\~~~==!"-'i-"'i't'==~=-~~'-''""'•" ---=¥'~1'~-':"- -· ,;, -±"!. II> 'o C878 ~AXA091-012110~PC) / $54,235 -(AXA335-0224IO~PS) / $ 136,045 -(AVL180-030510-MR) t/ $53,300 -(LF0735"030SlO~AS) / $96,450 (lFG31Jw031210-HM) / $26,817 (AXA036-03l610-PC) I $ 123,659 (JHL633-03121 O"CT) . / DATE: 03"25-2010 158  Kfi::Sf~ING·~POR1'ER,l(IESLfNG & i~it):l;f,, P~l~• .'~ttoi'tre}Y at Glw P~o. ilil:i: llt6iit, N.ii, B~~inif~~~ io:~~-7~UJ :J.G8G ..i111:i~ii_~f~!~~i ~~~rJUni?;~hcCl No,; Frti~Mtl<; T)HfYl p;,·~lrtc:!lrilrflj\1'<"1 Tllli:UfO:r'c~:n ,,, '(.,~. ( FAX;: -. ...- . . . .. . .. . . ~ :'"~~-~ .. :';-·:·:.~~~~J :5ii:>-27.6~1l9'~ Fl,H/~:f~ l{icsli~J;< P"r-1~~; Ja~f~t~:& rri·~il, ~>,¢_-.,)OM,;,.~ Po,;t.,dil~~u~!~~ l~i~~ ~A'J"ri•iJ~, !l'clltr,ril~Mi'illhii· hitritn li:fJ)~lltjJ;dla' :Kl'Kf', rc~ .· · · · A1notrnl · · in!~»'n~tAe••l•uittNfi~ C'ili~rr~i' S '61,87SJIO AXi\1Hl'h6!'r.i.._'l4JJ'7ti31: IAnt-iiin JihrliUd~-j $ 2tj;sn;oo · .I\'.XA63u"6554Ji:arn ~\:_A, Equitabk S U:tli'i!i'.fMl. ;1 11Lfij~cll5:j4??.ii:fi~ .!11 1:rn H,,J:l~u eli _Li!c Toln[ ,i; lfJ:<>il-.nc~d nifJf{•l'n»ii1Dh 1 _~l.;•-'~~~ltn:ul' -.irl!c~,. q; RdiFiimont'\r~iuc, LL-C . !133•609-$002 il1tll: 1Uil-JiO.;.r.w~ ~:tt~ ~~~;~~~t~ i~~v:'~~~~it?HJftf-df~~ -'~ ~~~~~.·;~~~ul;l]~1~·ii~~~~1_f~·~~-!f!ri(_,~fi·;~~~ h 1nif~l_;~1:c~~-~li~ ~~~~ ~t_tf ~r L~ ~~~~r.-'::0 ~ - ~l!~!J!; Jl~l.l.J~il Fib~~·~ .. ,-'\.rJ;v:J;U;el(.:i~~U. 1 ~'-i:lj~t1n.;; !,1~£.11:' WhHHlQ:.I)~· or tU;;~r~tst~it· &lf !lL'~~~~:J~!ilH. hli}'-~~f:lnn~LHJnH.Ii Jh-r; j,j!I,~Imt{~r ~~~~-~hi ~~~~!~~tii'--L~tl1~U _::..~ ~~~~ ~-~lt'I~!!)",W·~ill~~~. tt ,rti~ llf~.,.~~ f~~i~tr! (J:;h (r.Ii.t.J:unJ~~~~;n iq ~ri-i:::r~ pl~~~l_.;o·t-1-l,f lmna~I~~r-~~ -~~s:;..-~·-!Jn'5~ P.~WI~t~ lt-lo VJ 1lY. -rr.o:.rrrnw.:H.':eT~Ft Sent: Saturday, November 21, 2009 6:35AM To: 'Jeremy Gray' ; 'Terry Taylor' ; bwfree@sbcglobal.net; 'Kristen Quinney Porter' Cc: 'Marisa Kane' ; 'Wendy Rogers' ; 'Katie Hensley' ; JlSERVCS@aol.com; don.j ames 1@comcast.net; jeifa@ssacpa.com; scottrbaker@sbcglobal.net Subject: RE: Wire Transfer 11-20-2009 If my assumption is correct - that this is our l 5t-ever "draw the line in the sand" e-mail for policy payment disbursements- then this is a wonderful step forward for RV and for our relationship with KPKF, PC as Escrow Agent. We also must note the several positive visits with Ron James during the past few days and his acceptance of where we are right now; his awareness of our determination to "stop the bleeding" and properly fill all the premium buckets, which required his understanding and agreement. To re-cap, if what I belieY!! ..~as happened actually has hap_p_~n.~~t,~ Ron James asked for $1,042,000 in the wire set for Friday the 20th. We at RV agreed we would send ONLY (1} funds actually in-house I in-hand and (2} only to the extent or percent we had funds that ought to be legitimately devoted ONLY to policy purchase dollars (as a specific percent of face, translated into a specific percent of each client dollar in- hand}. If that is what we have done, then we finally have stabilized the entire disbursement process and now can play planned catch-up. Naturally, all of this depends of Ron's flexibility and agreement to have more frequent smaller wires as we accumulate such funds- and to advance even more into the front-money loan on his end (already over $8 million!!)- which Ron has agreed to do. ~-9.~.1!!/.hat RV wilt do is: (1) get a final fixed number for the premium need (which we estimated Friday is about $1.9 million); {2) re-capitalize from current profits to meet that short-fall; (3) move close to half the net short-fall to Kiesling immediately; (4) propose a fixed schedule for meeting the balance of the need well before the close of the fiscal year 04- 30-2010. Dick Gray President I CEO Retirement Value, LLO 457 Landa Street, Suite 8, New Braunfels, TX 78130 P.O. Box310635, New Braunfels, TX76131·0635 (830) 624·8858 ole (866) 498·4644 fax (21 0) 39Z·3550 mobile rgray@retirernent'!_alue.corn CONFIDENTIALITY NOTICE- The documents and information accompanying this electronic transmission contain information belonging to Retirement Value, LLC which is confidential and/or legally privileged under Federal privacy laws. It is intended only for the exclusive use of the addressee. lfthe reader ofthe message is not the intended recipient, or the agent or employee of an agent responsible for delivering it to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited by law. If you have received this communication in error, please notify us by telephone immediately. Unauthorized interception of this electronic transmission is a violation of Federal criminal law. From: Jeremy Gray [mailto:jgray@retirementvalue.com] Sent: Friday, November 20, 2009 1:45 PM To: 'Terry Taylor'; bwfree@sbcglobat.net Cc: 'Marisa Kane'; 'Dick Gray'; 'Wendy Rogers' Subject: Wire Transfer 11-20-2009 Terry, Here are the details regarding today's wire transfer- RVR015068 170 TOTAL AMOUNT: $627,254 $550,000 TO ALMA TURNER (Escrow#: 1097802A) $ 77,254 TO LAURA MURPHY (Escrow#: 1079486A) Here is the list of the accounts and amounts from which I would like the funds to be taken: LBL771- 7528808624 $ 125,531 AGL062- 7528808558 $ 129,975 LNL782- 1456460946 $ 78,740 PLI680 - 7528808608 $ 60,863 JPI062- 7528808590 $ 88,237 LNL26A- 9200168756 $ 70,796 LLI899- 7528808541 $ 37,734 PLI140 - 7528808632 $ 35,378 Total $627,254 Please let me know if you need anything else from me. Thanks Terry! Jeremy Gray Direc:tor Oi Produc:t Development 8 Polic:y Administration RetireJDent Value, LLC 457 Landa Street, SUite B, New Bratm£els1 TX 78UO P.O. Box 3IO&~, New Braunfels, TX 781:ll·0&~5 (830) &%4-8858 ofc: (8&&) 498·4&44 £ax (uo) ~92:·~50 mobile jgmy@r~.tirementvalue com CONFIDENTIALITY NOTICE- The documents and information accompanying this electronic transmission contain information belonging to Retirement Value, LLC which is confidential and/or legally privileged under Federal privacy laws. It is intended only for the exclusive use of the addressee. If the reader of the message is not the intended recipient, or the agent or employee of an agent responsible for delivering it to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited by law. If you have received this communication in error, please notify us by telephone immediately. Unauthorized interception ofthis electronic transmission is a violation of Federal criminal law. RVR015069 171 Exhibit H 172  Retirement Value, LLC (RV) Benefits and Advantages To Clients Fast application of funds. Participants funds can be assigned immediately to any often life insurance policies that are owned by RV, over a desirable range of life expectancies(LE' s), rather than languishing in a non-interest-bearing account, waiting weeks or months for policies to "become available." Extraordinary Safety in the U S Legal Reserve System All policies offered are issued by US Legal Reserve life insurance companies with an AM Best rating of"A" or higher, are past contestability periods, and have passed a rigorous twenty-one point inspection process before receiving consideration for purchase. No STOLl policies are offered. Proven Track Record An independent, objective firm predicts LE's for all policies purchased by RV. Historically, less than 2% of cases mature more than one year beyond predicted LE'(s), based on a documented audit of 5,000 randomly selected cases. Generous Income RV' s policies are priced to deliver 16.5% simple interest per year over the LE of the insureds. Bonus Income Early maturities pay higher returns because the full measure ofLE income is paid no matter when death occurs, and pro-rata unearned escrowed premiums are paid, too. Increased Safety Policy premiums are placed into escrow with Wells Fargo Bank to pay for premiums for LE plus an additional two years. The escrow agent, Kiesling Porter Kiesling & Free is a forty-year-old Texas law firm. Increased Opportunity Participants complete a suitability form rather than having to declare that they are "Acredited Investors," and can participate with an amount as low as $25,000, and $5,000 per policy, to achieve maximum spread of risk. Greater Client Satisfaction The only investment alternative that guarantees both the clients' principal and their gains- totally free from any direct stock market risk, as long as premiums are paid. 10-Day Free Look Clients enjoy a ten-day free look period after purchase. For additional information, please contact: Michael McDermott, Master Licensee www .retirementvalue. com (469) 688-1168 sendmegoodnews@yahoo. com © 2009 Michael C McDermott RVR017544 173 Exhibit I 174 From: bcollins@retirementvalue.com Sent: Wednesday, February 17,2010 8:43AM To: Dick Gray ; Wendy Rogers Subject: RE: Hess report- what does it really say? A 50% median LE would be a significant deviation from MMR's printed material. Rather than being a selling point it would cause significant head wind. Hess has a 1000 policy sample HOW MANY passed away sooner than LE? HOW MANY LE plus two years? HOW MANY over LE plus two years? If MMR is to have any credibility (something MB and JSS should want to know) their numbers should be close to MMR's material. Bruce Collins Chief Operating Officer Retirement Value, LLC 457 Landa St. Suite B New Braunfels, TX 78130 Office 830-624-8858 FAX 830-609-5002 214-732-5422* Use Cell Phone As iron sharpens iron, man sharpens man. It is accepting the possibility of hearing the word which creates the opportunity to hear the word "yes." See 3-5 prospects this week. -------- Original Message -------- Subject: Hess report- what does it really say? From: Michael Beste Date: Wed 1 February 17, 2010 8:07am To: Dick Gray , Ron James Cc: Don James 1 < bcollins@retirementvalue. com>, Wendy Rogers , Dick, First, 1000 cases is critical mass without doubt. Indicates trend strongly. When you get a 50% median LE std. it means that half will die before half after. It is a target to buy off of. It does not mean you have a 50/50 coin toss idea of what the LE is. Ron and I talked this over yesterday and I'm sure he can walk you through it effectively so that the "lay man" can make some sense of this and you and Bruce can guide licensees with authority. Why Hess is looking at projections is beyond me. Maybe I didn't tell you anything you didn't already know! Mike RVR019817 175 Michael T. Beste Vertical Capital Holdings LLC 460 St. Michaels Drive Suite 703 Santa Fe, NM 87505 (817) 329-9292 Direct (214) 725-4240 Cell CONFIDENTIALITY: This e-mail message, including any attachments, is intended only for use by the person(s) to whom it is addressed and may contain information that is legally privileged, confidential or otherwise exempt from disclosure under applicable law. If you are not the intended recipient of this e-mail message or the person responsible for delivering the message to the intended recipient, you are hereby notified that any dissemination, distribution, forwarding or copying of this communication, and any attachments hereto, is legally prohibited. If you have received this communication in error, please immediately notify us by either reply e-mail or telephone at (505) 983-9834 and permanently delete the original and any copy of this e-mail communication, including any attachments, and any printout thereof ELECTRONIC TRANSACTIONS: Notwithstanding the Uniform Electronic Transactions Act or the applicabili1y of any other law of similar substance or effect, absent an express statement to the contrary hereinabove, this e-mail communication, its contents and any attachments hereto, are not intended to represent an offer or acceptance to enter into a contract and are not otherwise intended to bind the sender, any of its clients, or any other person or enti1y. From: rg ray@retirementvalue.com To: JISERVCS@aol.com CC: don.jamesl@comcast.net; mbeste@msn.com; bcollins@retirementvalue.com; wrogers@retirementvalue.com; jgray@retirementva lue. com Subject: RE: FW: [FWD: Re: [FWD: Breaking News]] Date: Wed, 17 feb 2010 06:51:58 -0600 As of Wednesday morning the same question remains on the table: what can I should I will we say Thursday at our meeting? These people (including myself) are not going to understand all of the 46%- 92% stuff. What exactly is it we know and can share safely? "1,000 deaths were confirmed and cross-referenced with the Social Security Administration data base~ and the correlation of "actuals" to "expecteds" was: 92% of the deaths were within LE + __ months for these 1,000 cases." ?????? RVR019818 176 We cannot have another meeting {or should not have another meeting) at which we say "Princeton Report data still to come." Dick Gray President I CEO Retirement Value, LLC 457 Landa Street, Suite B, New Braunfe Is, TX 78130 P.O. Box 310635, New Braunfels, TX 78131-0635 (830) 624-8858 ofc (866) 498-4644 fax (21 0) 392-3550 mobile rg ray@retirementva lue .cc m CONFIDENTIALITY NOTICE-- The documents and information accompanying this electronic transmission contain information belonging to Retirement Value, LLC which is confidential and/or legally privileged under Federal privacy laws. It is intended only for the exclusive use ofthe addressee. lfthe reader of the message is not the intended recipient, or the agent or employee of an agent responsible for delivering it to the intended recipient, you are hereby notified that any dissemination, distribution or copying ofthis communication is strictly prohibited by law. If you have received this communication in error, please notify us by telephone immediately. Unauthorized interception of this electronic transmission is a violation of Federal criminal law. From: JISERVCS@aol.com [mailto:JISERVCS@aol.com] Sent: Sunday, February 14, 2010 10:28 AM To: rgray@retirementvalue.com Cc: don.jamesl@comcast.net; mbeste@msn.com Subject: Re: FW: [FWD: Re: [FWD: Breaking News]] Dick, I talked with Jim Hess Friday about the soon to be released report and he told me the following- There are basically two sets of numbers, the first being the Actual LE's on Deaths Reported versus the Expected LE's on Deaths Reported. On this set of numbers the ACCURACY RATE is around 92% of the expected median LE. In other words, if you had 100 lives with the same LE of 60 months, over a period often years until the last person died the median LE would be 72 months (66 being 92% of 72). This group of numbers is based on approximately RVR019819 177 1000 people who have died. The actual number of deaths reported was 1300 but they were only able to match about 1000 of them though the Social Security Administration. Because an LEis a Median at 50% up to the LE, and not an average, the Hess Group refers to 92% as 46% (92% is an Accuracy Rate, 46% is 92% ofthe Median of 50%). The second set of numbers involves Projecting forward on LE's where the people are still alive. This group is projected at 42%, or 84% accuracy. I don't put much credence in projections in particular because the bulk of the LE's underwritten by Midwest have been done in the past four or five years, and the vast majority of them range from 72 to 144 months (not the type you order). Statisticians are nerdy, difficult people to understand and their reports, verbal or written, are convoluted and kind of read like the IRS Tax Code. The only numbers that matter to me are the Actual Deaths reported to the SS Administration. Ron James RVR019820 178 Exhibit J 179  RETIREMENT VALUE, LLC ·CLIENT PARTICIPATION EXAMPLE AND BASE·LINE TARGETED INCOME DURING TEN YEARS (age ZID@ §±-month Life Expectancy w/ $7.000.000 face amount and annual premi~ms of $204,944 collected through month Jm Percentages or dollars through year seven reflect a required pro-rata refund of unused premiums. All percentages or dollarS'lfler month~ reflect a pro-rata payment of a share of premiums by this client. Example: In this example, maturity all he end of year #1 would result in $3,486.00 extra far this clienl as a refund of unused premiums. lsi year lola! return is then 122.66% shown rather than 88.00%. RVR051720 180  RETIREMENT VALUE. LLC • CLIENT PARTICIPATION EXAMPLE AND BASE·LINE TARGETED INCOME DURING TEN YEARS Case: LFGOB1-D21710-RC (age !!Q)@ §!-month Life Expectancyw/ $1,250,000 face amount and annual premiums of $19,730 collected through month M 16.5% simple annual income during the .§!month Life Expectancy= 88.00% base-line targeted income -extended and adjusted for a period of ten year! Basis: Client base-line targeted income= simple annual income@ 16.5% x a Life Expectancy of 64 months- plus pro-rata premium refunds I minus pro-rata premium payment !Assumptions: ill..QQQ participation x 1.8800 - ill&QQ total return at maturity= 1.5040% share of the face amount= $295.74 annual pro-rata premium share> §J!. months At the ~ ~ ~ At the LE Report Altho At the At the At the At the end .::.f end of ~ Maturitv !D.fLQf_ end of end of f:!nd of Percentaaes or dollars through year seven reflect a required pro-rala refund of unused premiums. All percentages or dallarsafter monlh ~reflect a pro-rata payment of a share of premiums by this client. this example, maturity at the end of year #1 would result in $1 ,879. 00 extra for this client as a refund of unused premiums. lsi year lola I return is then 106. 79"11 shown rather than 88.00%. RVR051720 181  RETIREMENT VALUE, LLC • CLIENT PARTICIPATION EXAMPLE AND BASE•LINE TARGETED INCOME DURING TEN YEARS {age UJ @ §Q-month Life Expectancy w/ $2.,065.000 face amount and annual premiums of $49.003 collected through month ~ 16.5% simple annual income during the §Q month Life Expectancy" 82.50% base-line targeted income -extended and adjusted for a period often year~ !leted income" simple annual i!lcQme Cl'i116.5% x a Life Exoectancv oJ.ijP_.months ·plus pro-rata premium ref1mds I minus pro-rata premium o.aY. Percentages or dollars through year seven reflect a required pro-rata refund of unused premiums. All percentages or dollarsafter month.!!§. reflect a pre-rata payment of a share of premiums by this client. Example: In this example, maturity at the end of year #t would result in $2,574.00 extra for this client as a refund of unused premiums. 1st year total return is then 108.24% ~hown rather than 82.50% RVR051720 182  RETIREMENT VALUE. LLC • CLIENT PARTICIPATION EXAMPLE AND BASE•LINE TARGETED INCOME DURING TEN YEARS $2,000.!1!10 face amount and annual premiums of $52,034 collected through month ll • Percentages or dollars thmugh year six reflect a required pro~rata refund of unused premiums. All percentages or dollarS'J.ffN month 12. reflect a pro-rata payment of a share of premiums by this client. Example: In this example, maturity at the end of year #1 would result in $2,380.00 exira for this client as a refund of unused premiums. lsi year total return is then 95.3% shown rather than 71.50%. RVR051720 183  RETIREMENT VALUE, LLC" CLIENT PARTICIPATION EXAMPLE AND BASE·LINE TARGETED INCOME DURING TEN YEARS Case: LFG248-01261D-HM (age 76@ §Z-month Life Expectancy w/ $3,000,000 face amount and annual premiums of $53,847 collected through month ll Client income: 16.5% simple annual income during the g month Life Expectancy' 71.50% base-line targeted income -extended and adjusted for a period of ten year~ Basis: Client base-line targeted income= simple annual income@ 16.5% x a Life Expectancy of 52 months- plus pro-rata premium refunds I minus pro-rata premium payment Assumptions: i1Q.&QQ participation x 1.7150 - i1Z..1§Q total return al maturity- 0.5717% share of the face amount H.Qlli annual pro-rata premium share> 76 months .,_..,.,,,.,,...,..,..,,...., ...,,_,_., At tho Altho At tho At the LE Report At the At the At the At the At the At the entiof end of end of ~ end of end of • Percentages or dollars through year six reflect a required pro-rata refund of unused premiums. All percenlages or dollarS3fter month!.§ reflect a pro-rata payment of a share of premiums by this client. Example: In this example, maturity at the end of year #1 would result in $1,642,00 extra for this client as a refund of unussd premiums. 1st year total return is then 87.92% shown rather than 71.50%. RVR051720 184  RETIREMENT VALUE. LLC ·CLIENT PARTICIPATION EXAMPLE AND BASE·LINE TARGETED INCOME DURING TEN YEARS Case: AXA994-D1151D-BO (age_rr@ §.!-month Life Expectancy w/ $62,634 collected through month Z§. PercentMes or dollars through year six refleol a required pro-rata refund of unused premiums. All percentages or dollar"'*"' month I§ refiect a pro-rata payment of a share of premic1ms by this client this exam pie, maturity at the end of year #1 would result in $2.664.00 extra for this client as a refund of unused premiums. 1st year total return is then 96.77% shown rather than 70. 13%. RVR051720 185  RETIREMENT VAL.UE, LLC -Client participation example and base-line expected income during ten years Case: AXA091-012110-PC (age ~I @~-month Life Expectancy w/ $5,000,000 face amount and annual premiums of $133,863 collected through month §.ll. 16.5% simple annual income during the ~-month Life Exectancy = 61.88% base-line expected income- extended and adjusted for a period of ten yean Client base-line expected income= simple annual income@ 16.5% x a Life Expectancy of~ months- Q!Jj§ pro-rata premium refunds I minus pro-rata premium payments ill.QQQ participation x 1.&1[§. = i1i..:!M total return at maturity = ~ share of the face amount= ~ annual pro-rata premium share> 69 months A!1!l! At the LE Report Atthe At the At the Attho llli!l! At the &!!!! end of end of e.od of :end of end of 'Percentages or dollars through year five reflect a reqc1ired pro-rata refund of unused premiums. All percentages or dollarsafter month~ reflect a pro-rata payment of a share of premiums by this client Example: In Ihis example, maturity at the end of year #1 would result in $2,059.00 extra for this client as a refund of unused premiums. 1st year total return is then 82A7% shown rather Ihan 61.88%. RVR051720 186  RETIREMENT VALUE, LLC" CUENT PARTICIPATION EXAMPLE AND BASE·LINE TARGETED INCOME DURING TEN YEARS ~ • Percentages or dollars through year five reflect a required pro-rata refund of unused premiums. All percentages or dollar&~fter month §_1 reflect a pro-rata payment of a share of premiums by this client. Example In this ax ample, maturity at the end of year #1 would rese~lt in $1,209.00 extra for this client as a refund of unused premiums. 1st year total return is then 67.09% shown rather than 55,00%. RVR051720 187  RETIREMENT VALUE, LLC • CLIENT PARTICIPATION EXAMPLE AND BASE·LINE TARGETED INCOME DURING TEN YEARS §l Percentages or dollars through year five reftact a required pro-rata refund of unused premiums. All percentages or dollarsafter month 2 reflect a pro-rata payment of a share of premiums by this client. Example: In this example. maturity at the end of year #1 would result in $2.536.00 extra for this Client as a refund of unused premiums. tst year total return is then 77.61% shown rather than 52.25%. RVR051720 188  RETIREMENT VALUE, LLC -Client participation example and base-line expected income during ten years Case: AGL 130-01211 O·PM (age M) @ ll-month Life Expectancy w/ $2,!100,000 face amount and annual premiums of $120,629 collected through month §l 16.5% simple annual income during the~·month Life Exectancy = 45.38% base-line expected income· extended and adjusted for a period of ten year~ Client base-line expected income= simple annual income@ 16.5% x a Life Expectancy ofll months- .liY§. pro-rata premium refunds I minus pro-rata premium payments ~ participation x ~ = ~ total return a! maturity= ~ share of the face amount= ill2.&§. annual pro-rata premium share> 57 months F __ 1-R-Iri"Tn UU" ffil:.ll At the LE Report 8!..!1!_ &!!!! &!!!! Altho &!!!! At the Altho &!!!! Moturitv end of end of end of end of 'Percentages or dollars through year four reflect a required pro-rata refund ol unused premiums. All percentages or dallsrS3fter month.[[ reflect a pro-rata payment of a share of premiums by this client Example: In this example, maturity at the end of year #1 would result in $3,2BB,OD extr~ for this client as a refund of unused premiums. 1st year total return is then 78,26% shown rather than 45.38%. RVR051720 189 Exhibit K 190  RETIREMENT VALUE, LLC -Client participation example and base-line expected income during ten years LNL177-031909-MC (age 11J@ ZQ-month Life Expectancy wl $1,500,000 face amount and annual premiums of $34.000 collected through month ~ Cllent income; 16.5% simple annual income during the 70 month Life Expectancy= 96.25% base-line expected income -extended and adjusted for a period often years Basis: Client base-line expected income= simple annual income@ 16.5% x a Life Expectancy of70 months-~ pro-rata premium refunds I minus pro-rata premium payments Assumptions: 11Q&QQ participation x 1.9625 = ~· total return at maturity= 1.3083% share of the face amount= $444.83 annual pro-rata premium share> .[1: months At the ~ Altho Altho At the LE Report At the Altho At the Atthe At the ~ end of end of end of end of Maturitv end of ~ end Df Percentages or dollars through year seven reflect a required pro-rata refund of unused premiums. All percentages or dollars after month~ reflect a pro-rata payment of a share of premiums by this client. Example: In this example, maturity at the end ol year #1 would result in $3,040.00 extra for this client as a refund of unused premiums. 1st year total return is then 126.65% shown rather than 9625%, RVRD51693 191  RETIREMENT VALUE. LLC -Client participation example and base-line expected income during ten years Case: AGL73L-031909-WK (age llJ @~-month Life Expectancy w/ $3,000.000 face amount and annual premiums of $62,000 collected through month M Client income: 16.5% simple annual income during the 70 month Life Expectancy= 96.25% base-line expected income -extended and adjusted for a period of ten years Basis: Client base-line expected income= simple annual income@ 16.5% x a Life Expectancy of70 months-~ pro-rata premium refunds/ minus pro-rata premium payments Assumptions: i1Qm participation x 1.9625 - m&1§. total return at maturity- 0.6542% share of the face amount- ~ annual pro-rata premium share> 94 months 8!.!b! Altho Altho 8!.!b! Atthe LE Report At the ~ Atthe Altho 8!.!b! end of ~ end of end of ~ Maturity end of -end of end of en.d of • Percentages or dollars through year seven reftect a required pro-rata refund of unused premiums. All percentages or dollars after month Jl± reflect a pro-rata payment of a share of premiums by this client. Example: In this example, maturity at the end of year 11'1 would result in $2,771 .DO extra forth is client as a refund of unused premiums. Is! year total return is then 123.96% shown rather than 96.25%. RVR051693 192  RETIREMENT VALUE, LLC -Client participation example and base-line expected income during ten years Case: AXA804-031909-RM (age llJ@ §]!-month Life Expectancy w/ $4,500,000 face amount and annual premiums of $140,000 collected through month ~ Client income: 16.5% simple annual income during the §.]!month Life Expectancy= 94.88% base-line expected income -extended and adjusted for a period of ten years Basis: Client base-line expected income= simple annual income@ 16.5% x a Life Expectancy of69 months- Jl.!.i§. pro-rata premium refunds /minus pro-rata premium payments Assumptions: l1Q&QQ participation x ~ - llim total return at maturity- 0.4331% share of the face amount= illill annual pro-rata premium share >93 months ~ months ttu: At the At tho Altho At the LEReport At the At the I'll.!!!!! Altho At the end of enrl of en~ of on~ of end of end of end of *Percentages or dollars through year seven reflect a required pro-rata refund of unused premiums. All percentages or dollars after month!;! reflect a pro-rata payment of a share of premiums by this client. Example: In this example, maturity at I he end of year #1 would result in $2,455.00 extra for this client as a refund of unused premiums. 1st year total return is then 119.43% shown rather than 94,88%. RVR051693 194  RETIREMENT VALUE. LLC -Client participation example and base-line expected income during ten years Case: LNL740-071509-RL (age !!Q)@ 21-month Life Expectancy w/ $5,000.000 face amount and annual premiums of $110,089 collected through month 117 Client Income: 16.5% simple annual income during the 21 month Life Expectancy= 86.63% base-line expected income -extended and adjusted for a period often years Basis: Client base-line expected income= simple annual income@ 16.5% x a Life Expectancy of64 months- 2!.!!§ pro-rata premium refunds I minus pro-rata premium payments Assumptions: i1Q.R.Q.Q. participation x 1,8663 = ill.&.21 total return at maturity= 0.3733% share of the face amount= ~ annual pro-rata premium share> 87 months ~~ ... ~.... ·~·~· ...... 4 .. ~·~ ..., .._ Altho Altho ~ At the Altho LE Report Altho At tho ~ At the At the end of end of end of end of end of ~ -end of end of ~ e-nd of • Percentages or dollars through year seven reflect a required pro-rata refund of unused premiums. All percentages or dollars after month.!!§. reflect a pro-rata payment of a share of premiums by this client. Example: In this example, maturity at the end of year #1 would result in $2,568.00 extra for this client as a refund of unused premiums. 1st yaaflotal return is tloen 112.31% sho\Mo rather than 86.63%. RVR051693 195  RETIREMENT VALUE, LLC -Client participation example and base-line expected income during ten years TRA2B1-D71509-RJ (age~@ 2!-month Life Expectancy w/ $1,500,000 face amount and annual premiums of $50,160 collected through month @ 16.5% simple annual income during the 2! month Life Expectancy' 77.00% base-line expected income -extended and adjusted for a period of ten years Client base-line expected income= simple annual income@ 16.5% x a Life Expectancy ofM months-~ pro-rata premium refunds/ minus pro-rata premium payments !i1Q.QQQ participation x 11!QQ = ill.IQ.Q total return at maturity= ~ share of the face amount ~ annual pro-rata premium share>@ months J:.r.mm n~m:mnnmmrn. At the At the At the LE Report ~ At the ~ At the At the 8!J.hg, !l.!ll!...2f ~ Maturity em! of ~ end of ~ ' Percentage< or dollars through year six reflect a required pro-rata refund of unused premiums. All percentages or dallal"ffifler month~ reflect a pro-rata payment of a share of premiums by this client. Example: In this eKample, maturity at the end of year #1 would result in $3,354.00 extra for this clie11t as a refund of unused premiums. 1st year total return is then 110.54% shown rather than 7TOO%. RVR051693 196  RETIREMENT VALUE, LLC -Client participation example and base-line expected income during ten years ING201-071509-AG (age.z2)@ ~-month Life Expectancy w/ $5,1lOO.Illlll face amount and annual premiums of $180.766 collected through month Il! 16.5% simple annual income during the ~ month Life Expectancy' 75.53% base-line expected income -extended and adjusted for a period often years Client base-line expected income= simple annual income@ 16.5% x a Life Expectancy of.§§_ months- Q[l§ pro-rata premium refunds I minus pro-rata premium payments ill...QQQ participation x llill = ~ total return at maturity= ~ share of the face amount ~ annual pro-rata premium share >I!! months · '~'~r!77 months 111";1;-mHH m H . Altho At tho ~ At tho LE Report At the At!he Attho &!b!. At the ~ end of ~ end of end of end of el"fd of • Percentages or dollars throcgh year six reflect~ required pro-rata refund of unused premiums. All percentages or dollarEafter month ZI reflect a pro-reta payment of a share of premiums by this client Example: In this example, maturity at the end of year #1 would result in $3,113.00 extra for this client as a refund of unused premiums. 1st year total return is then 104.01% shown ralher than 72.88%. RVR051693 198  RETIREMENT VALUE, L.LC - Client participation example and base-line expected income during ten years Case: ING2B3-031909-AI (age ll)@ frmonth Life Expectancyw/ $2.000,000 face amount and annual premiums of $96,000 collected through month §I Client income: 16.5% simple annual income during the ~-month Life Exectancy = 59.13% base-line expected income- extended and adjusted for a period often years Basis: Client base-line expected income= simple annual income @ 16.5% x a Life Expectancy of~ months- Jlli!l; pro-rata premium refunds I minus pro-rata premium payments !l.Q.QQ.Q. participation X 1.5775 = lli...IZ§. Iota] return at maturity= 0,7888% share Of the face amount= lliidQ. annual pro-rata premium share> 67 months r!r;>ltf'!HN~•t+rl+!h...--1 8!.!lli! At1he LE Report ~ 8l..!!li At.!b! At1he At the ruJ!I! Att~~ ~ ~ M.attuity end of end of ~ end of ~nd of end of "Per-centage.s or dollars through year 1ive reflect a reql.llred pro-rata refund of unused premiums. At I percettt~ges or dollarsafter month .§1. reflect a pro-rata paym-ent of a share af premiums by thts client. Example:: ~n this example, maturiiy et ths end of year #1 would result rn S3J47l00 B;dra for this cHant as a refund of unus.ed premiums. ~st year total return is then 92.46% shown rather than 59.13%c RVR051693 199  RETIREMENT VALUE. LLC -Client participation example and base-line expected income during ten years Case: OML446-031909-RL (age IJ!)@ ill-month Life Expectancy w/ $2,000,000 Ieee amount and annual premiums of $89,000 collected through month H Client income: 16.5% simple annual income during the ill-month Life Exectancy = ~ base-line expected income - extended and adjusted for a period of ten years Basis: Client base-line expected income= simple annual income@ 15.5% x a L~e Expectancy of ill months -!1lill! pro-rata premium refunds /minus pro-rata premium payments Assumptions !1Q..QQQ participation x 1.5500 = l1§J.QQ total return at maturity= 0,7750% share of the face amount= ~ annual pro-rata premium share > 64 months -·-·~1+·~···~'''"'''""'~1 At the Atfh~ 8!Jt12 LE Report At the At the At the Atth~ .At the At the 8.!Jh! end of en(:! of ~ Miilturitv i!'l1dQf ~ end of end of !.!!!!..£! end of ExampiEi:: In 1his example, maturity ai Uia er~d of ye~r #1 wDuld result in $2,989.00 E::.. : :. :: ·. ::.' . ·::'::. :· :... :. : .·.:: .: : ::: . ' .. : : : . : .,. :- ,.. :· :· :::.' :. ' :. : : :. :. '.. :: . ::· . ::-.. .. i 3. Attached hereto as EJdnbif B, and incorl'orated herein by reference as ifset out hi full; is a. .. •• true ind COrreCt copy of the expert tepbit {have prepared in thls CaSe. •. . .. .. .. .. .. . .. . .. . ............... ,. . . . . . . . . . . . '·· .. ... ... . . . . . ,· .... · .. · .. ·., ... · ,·, ... :. : .... · .. ·. . ., . ' . ' . 14 . ~~I%~~~~f~~~ib!of.6It1;~ri"b~~~~~%~!1Jizr~~~~· Oil review of oprn.ions .. Based the ·. · a these .records; I have cririchided folloWing: .. .. .. . . .. . . ·:··· ·:·· · : . : : : . : :·: :·· . ··:·· ·.:·:': ··.:'· :· .. :· ··: . . ·:·· . ·.. ' · . : · . ····,··.·: .. · · Galla~erFmanciai Group was paid $1,4i3,l14.4o comlliissions.... in •.• Semor RetiremeritPlanners,LLC paid$485~564.13 irieolmnissions . was . Estate P{ot#~::tion PlallningCoip. wa5 p(lid $388~589.11 ill cormnissions .••. Secured Financial Strategies~ LLC was paid $300~182.47 in coill.triissions.. · Reid Thotbmn w~ paid $11,267.00 in conmiissions. · • · · · · ·· · Briari.CerVenkiwas paid $261,825;96 in cofum.issiOns. .. . . . .. Nichtdrivesttnent Group~ LLC paid $223~52~.09 in commissions. was ··Senior Texan Estate Platulirii SerVices, LLC p:· .. ::.: .. ::·.':.": ·:: .: : .. .. :- ... ' ·: . :.. , : 1 1 was provided the following definitlonfrir reasonably equivalent value: '"Reasonably includes, ••• equivale~t ~alue' without liinitatiori, atransfer or obligation that is withln !he range of values for which the transferor would .have sold • • the assets in mUimi'slength tta:nSactiofl." tex. BUs.; ~ Conun. Code § 14.~04(d). · · .· ·· · · · 235  Jeff Mejia was paid $24,500.00 in commissions. Jerry Neal Orr was paid $11,060.00 in commissions. John Todd Reagan was paid$ 35,082.24 in commissions. John Hoskins was paid $ 15,871.4~ in commissions. in Kenneth Franco was paid $27,800.00 co:infuissions. Lighthouse Capital Preservation was paid $40,000.00 in commissions. Clement Ng was paid $ 3,000.00 in conirnissions. Mark J. Smith was paid $13,125.27 in commissions. Michael William Sylkatis was paid $35,300.00 in commissions. Michael Woods was paid $3,500.00 in commissions. Milks & Milks wa5 paid $41,403.32 in commissions. Rayman Chadwick, Jr. was prud $52,981.77 .i.n colll1llissions. RicruirdEvans wa.8 paid $24,757..43 in commissions. Rohert.Ktloxwas paid $24,217.20 in cormillssions. Sam Hensley was paid $19,496.03 in conunissions. Steven Skijuswas paid $34,344.23 in coriun.issio1ls. T. C. Weston was paid $12,250.00 in commissions. Walter Young was paid $21,000.00 in commissions. Wesley Davidson was paid $38,846.34 in commissions. William Evans was paid $57,666.92 in commissions. 15. The preceding paragraph lists payments made directly by Retirement Value, through Kiesling Porter. Some of the individuals listed above may have received more than the commissions listed above if they received commissions indirectly through an LLC or other entity. For example, payments made to Secured Financial Strategies, LLC would have passed-through to the owners/members of Secured Financial Strategies, LLC, in addition to whatever comniissions such owners/members received directly. 16. Attached as Exhibit Care true and correct excerpts of a spreadsheet I created from the accounting records ofRetiremen1 Value which also show the total amount of commissions paid to the licensees listed above. Further Affiant sayeth not. THESTATEOFTEXAS § § COUNTY OF BEXAR. § ~ >-:._: • LJ ___,,}~f~:· ··" -. :.~.:~.~.~.·. ••·..•..•·.,:;-,:·· .: .•:·j· ·~:,-,;. .,·.\· 236 }.., K&L GATES LLP Retirement Value POLICY, PORTFOLIO, &STOCHASTIC ANALYSIS- REVISED June 27, 2011 ADDENDUMS August 11, 2011 &February 15, 2013 -? -,~ ~ ActuiWiu &: Conlfiultanh Lewis & Ellis, Inc. Actuaries & Consultants S. Scott Gibson, F.S.A., M.A.A.A. Jacqueline B. Lee, F.S.A., M.A.A.A. EXHIBIT I~ _ A___ __:___ 237 K&L Gates- Retirement Value Receivership POLICY, PORTFOLIO, & STOCHASTIC ANALYSIS Table of Contents Section Page L Purpose and Scope ......................................................................................... 1 II. Valuation ......................................................................................................... 4 IlL Stochastic Modeling ....................................................................................... 8 IV. Summary ....................................................................................................... 12 Lewis & Ellis, Inc. • Actuaries & Consultants 238 K&L Gates- Retirement Value Receivership I. Purpose and Scope Eduardo S. Espinosa (Receiver) is the court-appointed receiver for Retirement Value, LLC (RV). The Receiver engaged Lewis & Ellis, Inc. (L&E) to perform the independent valuation of the RV policies and portfolio. L&E was also asked to perfonn a stochastic analysis on the portfolio. The RV portfolio consists of 49 policies with a total face value amount of $134,835,000. The Receiver also hired Asset Servicing Group, LLC (ASG) to administer the portfolio. ASG provided the information used in the valuation. We received illustrations, annual statements, policy contracts, and life expectancy (LE) reports. The LE reports that we used in our analysis were provided by ISC Services, a life expectancy provider generally considered to be reliable. We also reviewed LE reports prepared by A VS and 21st Services, which were provided to us by the Receiver (via ASG). One policy has matured since the receivership began. This policy has been excluded from all of our analyses, and the received death benefit has been included in the total cash for the portfolio. The purpose of analysis is to provide the Receiver with a report of the actuarial value, as of February 28, 2011 (Valuation Date) of the portfolio. This report will also assist the Receiver with additional graphs and tools for their presentation to the courts and decision- making process on how to handle the portfolio. Limits on Distribution and Utilization This report has been prepared for the use of the Receiver in reporting to the Court and in determining the best strategy for managing the portfolio. It is not appropriate for any other purpose. This report may not be distributed to any other parties without the prior consent of L&E. Any users of this report must possess a certain level of expertise in life insurance, the life settlement industry, statistics, and/or actuarial science so as not to misinterpret the data presented. Any distribution of this report should be made in its entirety. In addition, any third party with access to this report acknowledges, as a condition of receipt, that L&E does not make any representations or warranties as to the accuracy or completeness of the material. Any third party with access to these materials cannot bring suit, claim, or action against L&E, under any theory of law, related in any way to this material. It is our understanding, upon which we are relying, that any recipient of this report will consult with and rely solely upon their own legal counsel with respect to definitions. No representation is made herein, or directly or indirectly by the report, as to any legal matter or as to the sufficiency of said defmitions for any purpose other than setting forth the scope of our Report hereunder. In connection with this Report, we have made such reviews, analyses, and inquiries as we have deemed necessary and appropriate under the circumstances. Lewis & Ellis, Inc. • Actuaries & Consultants 1 239  I ' K&L Gates- Retirement Value Receivership Lewis & Ellis is available to answer any questions that may be raised by this report. Please direct any inquiries to Scott Gibson or Jacqueline Lee. Confidentiality of Review L&E recognizes that in the performance of the work, we acquired or had access to records and infonnation considered confidential by the Receiver. L&E took steps to comply with all laws, regulations, and standards relating to confidentiality and privacy. Reliances L&E's work was based upon data and information obtained through the Receiver and ASG. Lewis & El1is did not perform a detailed review of the data provided. L&E did review the data for overall appropriateness and reasonableness. The data appear to be appropriate for use. If there are any material inaccuracies in the data provided, the conclusions reached in this report may be invalid. · We have relied upon and assumed, without independent verification. unless noted elsewhere, that: 1. The life expectancies as presented are valid, reasonable, and proper; and 2. The life insurance policies' insured information, benefits, and structures are valid as preSented. The professional fee for this engagement is not contingent upon the opinion of the value set forth in the attached written report prepared by L&E. The report is based on valuation as of the February 28, 20llvaluation date. Subsequent events that could affect the conclusion set forth in the report include adverse changes in industry performance or market conditions, adverse mortality expedence, and changes to the business. L&E is under no obligation to update, revise, or reaffirm the report. The report is intended solely for the information of the person or persons to whom it is addressed solely for the purpose stated, and may not be relied upon by any other person or for any other purpose without L&E's prior written consent. The conclusions set forth in the report are based on methods and techniques that L&E considers appropriate under the circumstances, and represent the opinion ofL&E based upon information furnished by the Receiver, ASG, and their advisors. Notwithstanding the foregoing, the opinions set forth in the report are not intended by L&E, and should not be construed, to be the investment advice in any manner whatsoever. Furthermore, no opinion, counsel, or interpretation is intended in matters that require legal, accounting, tax, or other appropriate professional advice. It is assumed that such opinions, counsel, or interpretations have been or will be obtained from the appropriate professional sources. Lewis & Ellis, Inc. • Actuaries & Consultants 2 240 K&L Gates- Retirement Value Receivership L&E is not guaranteeing, on any basis, the performance or success ofthe portfolio, the repayment of invested capital, or any particular rate of capital or income return. L&E assumes that the portfolio, the Receiver, and ASG have complied with all applicable federal, state, and local regulations and laws, unless the lack of compliance is specifically noted in the report: Except to the extent specifically disclosed in writing to L&E, the report also assumes that the portfolio has no material contingent assets or liabilities, no unusual obligations, or substantial commitments other than those incurred in the ordinary course of business, and no pending or threatened litigation that would have a material effect on the portfolio. L&E has not accounted for.any no-lapse provisions that may be included with some of the policies. Lewis & Ellis, Inc. • Actuaries & Consultants 3 241 K&L Gates - Retirement Value Receivership II. Valuation Description of the Portfolio There are 49 policies in the Retirement Value portfolio with a total face value amount of $134,835,000 .. Asset Servicing Group, LLC (ASG) administers the portfolio. ASG provided the information used in the valuation. We received illustrations, annual statements, policy contracts, and life expectancy (LE) reports. One policy has matured since the receivership. This policy has been excluded from all of our analyses, and the received death benefit has been included in the total cash for the portfolio. The purpose of analysis is to provide the Receiver with a report of the actuarial value, as of February 28, 2011 (Valuation Date) for the portfolio. The term "actuarial value" is ddined as the amount at which the Portfolio (or more specifically the policies of the portfolio) would change hands between a willing buyer and a willing seller, each having reasonable knowledge of the relevant facts, with the presumption that actuarial assumptions and discount rates remain the same. We have not accounted for federal income tax in developing the actuarial value. All valuation methodologies used to determine the actuarial value of the portfolio are predicated on numerous assumptions pertaining to prospective mortality experience. Unanticipated events and circumstances relating to such may occur and actual results may vary from those assumed. The variations may be material. The discount rate is an assumption that drastically affects the results of the actuarial value in our analysis. Careful consideration is made when choosing this assumption. L&E currently performs life settlement portfolio valuations on 10+ life settlement portfolios ranging from 2 policies to 1,100 policies. Based on our experience with these funds, their managers, and our general perception of the market, the current market discount rate utilized for buying and selling of policies and portfolios ranges from 10-21%. Factors influencing the estimated range are overall financial market conditions, life insurance carrier, freshness and quality of life expectancy evaluation(s), means of original policy acquisition, and quality of policy source provider. The actuarial value of the portfolio has an inverse relationship to the discount rate; therefore, if the discount rate decreases, the actuarial value of the portfolio increases. Prospective buyers in the life settlement market want the discount rate to be higher, which would drive the purchase price down. Since the Receiver is either selling or maintaining the policies in the portfolio, it is reasonable to assume a higher discount rate such as 18%. The total current death benefit for the policies, excluding the matured policy, in the portfolio is $124,835,000. As ofthe Valuation Date, the actuarial value of the Fund is $5,700,917 using the 18% discount rate. A value summary of policies held by the Lewis & Ellis, Inc. • Actuaries & Consultants 4 242 K&L Gates- Retirement Value Receivership portfolio is shown on the next page (Exhibit A) along with two other discolllt rate scenarios of 16% and 20%. Each policy has an escrow account that holds funds that will be used to pay future premiums and are referred to as "Premium Reserves." Exhibit B, which is on the page following Exhibit A, compares the number of months of premium reserves available to the number of months ofthe life expectancy for each policy. On average, the premium reserves do not provide enough funds to continue paying premiums from the escrow (roughly 45 months). None of the policies have enough funds to be able to pay premiums until the month of the policy's LE. The graph shows the number of months the premiums would be available in escrow as well as the number of months of the LE for each policy. Lewis & Ellis, Inc. • Actuaries & Consultants 5 243 K&l Gates- Retirement Value Receivership Exhibit A -Net Present Values Probabilistic Basis As of Z/28/2011 Policy* 16% 18% 20% AGL06L-l 02009-LM 430,848.67 383,494.19 342,423.11 AGLB0-012110-PM 238,743.88 238,743.88 211,694.59 AGL66L-071509-LB 92,756.91 78,344.01 66,253.45 AGL73L-031909-WK 234,996.40 187,977.64 149,979.28 ANI521-l 02209-BW (97,289.63) (97,142.05) (96,860.07) ANJ852-031909-HO (61,032.56) (82,323.33) (98,105.58) AVL180-030510-lv!R 230,384.80 174,347.14 127,850.65 AXA091-012ll0-PC 223,&17.25 141,417.18 74,542.53 AXA146-090409-GJ (12,309 .29) {12,309.29) {33,270.10) AXA335-022410-PS 1,358.25 (27,854. 75) (50,269.07) AXA597-110209-HM (20,644.43) (33,126.09) (42,943.94) AXA729-ll2009-SF 24,828.76 24,828.76 4,325.22 AXA804-031909-RM (208,052.03) (239,26819) (262,592.30) AXA826-! 10509-IC (7,258.07) (7,258.07) (20,919.07) AXA994-0 1151 0-BD 198,237.45 156,145.06 121,214.96 HLI8 I4-0925 09-MI 101,993.08 101,993.08 81,324.89 IN0036-071509-EB (140,372.55) (140,3 72.55) (160,074.80) ING!5J-121409-AK (59,469.45) (59,469.45) (63,612.77) ING201-071509-AG (4,519.96) (41 ,979.86) (70,733.67) ING283-031909-AI 18,818.30 18,818.30 1,251.57 LBL !65-031909-NL 39,663.41 29,549.82 21,395.93 LBL361-021710-SW 122,252.87 98,117.47 79,019.ll LBL771-ll0209-MF 309,382.49 267,941.88 233,119.47 LFG006-l03009-JC (40,264.98) (48,827 .64) (55,183.87) LFGOOS-102909-RB 247,337.99 202,416.42 165,922.89 LFG081-0217t0-RC 42,470.43 33,072.64 25,507.48 LFG 117-021710-HW (3,005.66) (15,030.54) (24,438.59) LFG 177-031909-MC (21,043.53) (24,789.09) (27,199.85) LFG183-111109-MR 889,335.90 789,529.17 704,782.99 LFG241!-0 1261 O-HM 318,870.03 264,166.14 219,337.68 LFG272-1 12009-PS 65,022.78 45,526.99 30,074.67 LFG311-03l21 O-HM 530,789.97 439,612.29 364,907.59 LFG566-071509-MR 770,238.74 685,062.11 612,323.98 LFG591-031909-DH 181,443.04 155,770.93 133,968.32 LFG735-0305!0-AS 396,678.80 332,026.12 279,328.35 LFG740-071509RL 429,916.80 353,461.03 291,617.47 LFG782-090409-HO 1,623, 780.92 1,490,304.07 l ,3 72,485.14 111899-1 02209-AT 445,960.12 334,404.40 243,834.63 MET650-071509-DF (275,274.43) (261,038.83) (248,187.16) MMl860-0715 09-lv!L (26,973 .98) (26,973.98) (38,9:49.70) OML446-031909-RL 210,247.28 210,247.28 173,109.10 PLI680-1 02909-JS (82,486.24) (82,307.67) (81 ,650.23) PLI930-1 02009-HM (41,504.59) (49,846.58) (56,44LJI) PLJ980-111109-JS (374,822.02) (3 74, 179.87) (371,609.18) SLA338-li2009-CD 49,363.12 24,405.72 4,167.34 SLA534-031909-LC (9,805.77) (16,225.41) (21 ,41 0.62) TRA281-071509-RJ 75,834.79 50,174,42 29,153.13 WPL982-071 509-LB 36,547.44 29,341.76 23,498.39 Porifolio Total 7,095,792 5,700,917 4,363,962 Lewis & Ellis, Inc. • Actuaries & Consultants 6 244  K&l Gatu:s • fl!lll;itema:nt Vallie Re.&Bivsrsblp Llil.!E-..Pc~-;;;;j;; . I T----- -·---~~-- -----11--~~- ExhibitB I - ' - I Comparison between Number of Mouths of Escrowed Premiums vs. Number of Months for the Life EJ:pectancy P.n:n1~UIII R~.... .._.n._.., ' As of 2!2R/2011 ,.. +---- i I ,., t--- I I I I ---- --1--a.-1__._.~-- "' i Ill I I I I I I I I I I I I I I I I I I I I I II I I I 1---1- I I I I I I I -- I I -·-·1--------- --·- - M f-----1-----· --1!-~-~- i I "l I ----1--111-·--1--- 1-~~~ ----- I--ll-- 1-- ,111111111111111111 I I II 111111111111111 II 811111111111111111 II II 111111111 IIIII IIIII II > 0 g ~ ~ ~ ~ ~ ! •" ~ f~ g ~~ ~ ~ ~ ~ ~ i ~ E "g ~ i 2 ~ ~ • ;;~ 'f. '~ ~ ~ I;; 0 ~ ~ ~ ~ .• ~ ~ ~ I;; •~ § i ii ~ ~ ~ I ; ;; •" ~ ~ ~ t ~ ~ ~ i i ~ ~ '~ ~ i ~ •~ ~ ! ""~ ~ t ! ~ •~ ~ ! 6 il ~" ~ ~ i I ~ ~ ~ !.!! ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ "~ ~~ ~ ~ ~ ~ I ~ ~ ~ ~ ~ ~ ~ ' l'oUci~s I....!1rl! ~ Eak, In.:. -t A..:tuar.ia &. C-IJIUII.l(rmi.J" 245 ... ,,,.~"'"'""'~~~~~- .. K&L Gates - Retirement Value Receivership Qualifications (to include$. Scott Gibson, FSA, M.4AA and Jacqueline B. Lee, FSA, MAAA) Lewis & Ellis, Inc. has been an actuaria1 consu1ting firm for over 40 years with offices in Dallas, Kansas City, London, and Baltimore. Scott Gibson has been a consultant with L&E in the Dallas office since 1987 serving as a partner since 1993. Jackie Lee has been with Lewis & Ellis since 2008. Scott and Jackie are Fellows ofthe Society of Actuaries and Members of the American Academy of Actuaries. Scott served as a Board Member of the Life Insurance Settlement Association (LISA) for near]y five years starting in November 2005. Scott specialized his entire actuarial career, which started in 1981, in the life insurance area and has been working/serving the life settlement market since 2004. In 2004, Jackie began her actuarial career serving the health insurance industry, and she transitioned over to the life settlement industry at L&E. For life settlement work, they provide policy pricing, policy/fi.md valuations providing policy pricing, policy/fund valuations, and general consulting on an independent basis. Valuation Methodology The policies are valued based on the Probabilistic Method. The life expectancy, account values, and illustrations were provided to L&E from ASG. Upon receiving the information, L&E solved for the cost of insurance rates. The projected cash flows will be determined based on mortality probabilities . .Other specific items included and utilized in the valuation: Base mortality table is the 2008 Valuation Basic Table (2008 VBT) Select that is gender and smoking class distinct; whereby age is on an ANB (age near birthday) basis. Every life expectancy (LE) provided came from ISC Services and a constant multiplier is determined such that when applied to the 2008 VBT and adjusted for the multiplier, the adjusted mortality table produces a calculated LE equal to the underwriter's LEas of the underwriting date. Based on the fina1 adjusted mortality tables, a continuance table is deve]oped based on the assumption that the survivorship is I 00% as of the valuation date, and showing the probabilities of death occurring in each of the following month, and the cumulative probability of survival to each future month. Estimates of future premiums, after the va1uation date, are the minimum premium streams calculated from the current values on the illustration. The premium streams are those used in pricing the case, and reflect the minimum premiums required to fund the policy short of lapsation, based on the insurance company po1icy il1ustration and verification of coverage (VOC) data. As months elapse, the new value of the asset will take into consideration the new projected cash fJows based on the survivorship of the policy. Lewis & Ellis, Inc. • Actuaries & Consultants 8 246 K&L Gates- Retirement Value Receivership On a monthly basis the projected cost of insurance will be assumed to have been paid. We are relying on and using the LE's that they have currently been provided. As we are not medical underwriters, we cannot opine as to the methodology embedded in or the accuracy of these LE's. Asset Value Calculation Formula: X The insured's age at LE underwriting. w The last age of the mortality table; 115 for 2008 VBT. tPx The probability of a person age x surviving t years. tQx The probability of a person age x dying within t years. t!Qx The probability of a person age x surviving t years then dying in the next year. Ex The life expectancy in years of a person age x. This is the sum of tPx for t=l tow minus x. Mult · The mortality scalar multiplier applied to the Base mortality table such that Ex equals the Life Expectancy Provider's provided LE. tDB The face amount of the policy in year t. tMP The projected minimum policy premium to be paid in year t. tEDB The expected death benefit to be collected in year t. This equals tDB times tl Qx. It should be noted that the sum of all tEDB 's equals the face amount of the policy. tEMP The expected minimum policy premium to be paid in year t. This equals tMP times tPx. i The policy applicable discount rate as defined above. NPVy(tEDB) The net present value of the expected death benefits to be collected. This equals the sum of (l+i) to the ( -t+y) power times tEDB for t=y+ 1 to w-x. The assumption is that the death benefit is paid at the end of the policy year. NPVy(tEMP)The net present value of the expected minimum policy premiums to be paid, This equals the swn of (1 +i) to the (-t+y+ 1) power times tEMP for t=1 to w-x. The assumption is that premiums are paid annually at the beginning of policy year. ppp The policy purchase price. This equals the sum ofNPVOEDB minus NPVOEMP. NAVy The net asset value of the policy at the end of year t. This equals (the sum ofNPVy(tEDB) minus NPVy(tEI'vfP) divided by tPx. The above formulas are presented on an "annual" basis for simplicity and. ease of understanding. The reality is that we make these calculations on a monthly basis with the same principals being applied. Essentially, ''t" becomes a measure of months. Proper adjustments are made to the minimum premium component to accommodate for varying modes of payment. Lewis & Ellis, Inc. • Actuaries & Consultants 9 247 K&L Gates- Retirement Value Receivership Ill. Stochastic Modeling L&E was also asked to provide additional graphs and analysis that would help the Receiver make the appropriate decisions on the behalf of the investors in the policies. Specifically, the Receiver wanted to know how much cash they need to pay all future premiums and see all policies to maturity (Premiums Needed). Also, the Receiver wanted to know the net cash received if all policies matured and accounting for taxes (Net Cash at Maturity) for the portfolio. The net cash also includes over $29 million that the Receiver has in escrow and operating cash for the portfolio. The Receiver's accountant provided guidance on the taxation of the policies. The 35% tax rate is applied to the gain when the death benefit is paid. The gain is the face amount of the policy less the basis (the costs) that RV had in the policy. The basis includes the cost of acquiring the policy as well as all premiums paid on the policy prior to maturity. Our model takes into account the increase in basis resulting from future premium payments, The tax was calculated at the policy level. L&E used a Monte Carlo simulation to randomly generate the LE's by policy based on each individual's survival curve that was developed during the valuation analysis from the underwriter's LE's. The simulation ran 100,000 iterations. The base case is defined as the scenario where the LE's are equal to the LE provided by ISC. The following chart provides the statistics for the ''Premiums Needed" and "Net Cash at Maturity." Premiums Portfolio- Net Statistics Needed Cash at Maturity Trials 100,000 100,000 Base Case (at LE) 28,995,631 91,1&8,233 Mean 9,955,226 77,548,109 Median 9,481,410 77,934,276 Standard Deviation 4,526,196 7,5ll,097 Minimum 0 40,214,472 Maximum 35,319,223 102,685,783 The graph on the next page shows the frequency graph for the Premiums Needed. The graph displays the results from the 100,000 iterations. The graph shows the median, 95th percentile, and 97 'i2 percentile. Lewis & Ellis, Inc, • Actuaries & Consultants 10 248  K&L Gates- Retirement Value Receivership Exhibit C l.ewis & Ellis, Inc. • Actuaries & Consultants 11 249 K&L Gates- Retirement Value Receivership The next graph shows the results for the net cash at maturity for the portfolio. As explained earlier, the net cash at maturity is the amount of death benefits paid after all policies have matured less taxes and anticipated premiums after 2/28/2011. The net cash also includes the total cash on hand with the Receiver for the RV portfolio. This amount is $29.17 milHon and is added to the total death benefits less taxes and premiums paid. The graph resembles a normal distribution, and we have displayed the 68% confidence interval and the 95% confidence interval. Based on the simulation, we are 68% confident that the cash received after all maturities wj)] be benveen $70.0 million and $85.1 million. Likewise, we are 95% confident that the cash received will be between $62.5 million and $92.6 million. Lewis & Ellis, Inc. • Actuaries & Consultants 12 250  K&L Gates - Retirement Value Receivership Exhibit D Lewis & Ellis, Inc. • Actuaries & Consultants 13 251 --~-.-------o-r-;--,-:--.-;.,.·.c.t-r-r;-:;r,-:-=-~.;;o-..,-r..r.o;-:r;"~''O.!:.,-o;r:'o;., 'H''' , . ·'· •.. _r- · K&L Gates- Retirement Value Receivership IV. Summary Eduardo S. Espinosa is the court-appointed receiver for Retirement Value, LLC. The Receiver engaged Lewis & Ellis, Inc. to perform the independent valuation of the RV policies arid portfolio. L&E was also asked to perform a stochastic analysis on the portfolio. The RV portfolio consists of 48 policies, excluding the matured policy, with a total face value amount of$124,835,000. The Receiver also hired Asset Servicing Group, LLC to administer the portfolio. ASG provided the information used in the valuation. We received illustrations, annual statements, policy contracts, and life expectancy reports. The purpose of analysis is to provide the Receiver with a report of the actuarial value, as of February 28, 2011 of the portfolio. This report will also assist the Receiver with additional graphs and statistics based on stochastic modeling of the portfolio for their presentation to the courts and decision-making process on how to handle the portfolio. Analysis • The actuarial value ofthe portfolio as of February 28,2011 is $5,700,917 with an 18% discount rate. · • L&E used a Monte Carlo simulation to randomly generate the LE's by policy based on each individual's survival curve that was developed during the valuation analysis from the underwriter's LE's. o Premiums Needed: The Receiver wanted to know how much cash they need to pay all future premiums and see all policies to maturity. o Net Cash: Also, the Receiver wanted to know the net cash received if all policies matured and accounting for taxes for the portfolio. The net cash also includes over $29 million that the Receiver has in escrow and operating cash for the portfolio. S. Scott Gibson, FSA, MAAA Jacqueline B. Lee, FSA, MAAA Senior Vice President & Principal Vice President & Consulting Actuary Lewis & Ellis, Inc. Lewis & Ellis, Inc. June 27, 2011 June 27, 2011 Lewis & Ellis, Inc. • Actuaries & Consultants 14 252 K&L Gates- Retirement Value Receivership V. Addendum This is an addendum to the report dated June 2 7, 2011. L&E was asked to perform the stochastic analysis again excluding the assumption of taxes. All exhibits are on the following pages. Exhibit E represents the total premiums needed, which is similar to Exhibit C in the original report. Exhibit E excludes any taxes that would be paid. If all policies matured at the life expectancy, then the total premiwns needed would be $28,296,232. Exhibit F shows the results for the net cash at maturity for the portfolio. This exhibit is related to Exhibit D in the original report. As with Exhibit E, Exhibit F excludes any taxes that would be paid. If all policies matured at the life expectancy, then the net cash at maturity would be $95,734,565. Exhibit G displays the month of the final maturity. Note that the horizontal axis displays numbers that correspond to months. Month 1 represents 2/28/2011. The median month of the final maturity is 276, which is 1131/2034. If all policies matured at the life expectancy, then the month of the final maturity would be 9/30/2024. Lewis & Ellis, Inc. • Actuaries & Consultants 15 253  K&L Gates • Retirement Value Receivership ExhibitE Lewis & Ellis, Inc. • Actuaries & Consultants 16 254 - .. -;---;•--;;;::-';;l-.;l"""T:-<';~<;',"'':".~~~<-'Il-:::: ·--~~;-;------;--;-,--,-----~---;:.-->•  K&L Gates - Retirement Value Receivership Exhibit F Lewis & Ellis, Inc. • Actuaries & Consultants 17 255  K&L Gates - Retirement Value Receivership Exhibit G Lewis & Ellis, Inc. • Actuaries & Consultants 18 256 George Brothers Kincaid & Horton, L.L.P.- Retirement Value Receivership VI. Addendum This is a second addendum to the report dated June 27, 2011. This addendum is being submitted on February 15, 2013. L&E was retained by George Brothers Kincaid & Horton, L.L.P, (GBKH) to perform additional valuations of the Retirement Value (RV) portfolio. The valuations included in this report are: • Valuation of all policies as of the date that Retirement Value purchased the policy, • Valuation of all policies as ofMay 5, 2010, • Valuation of all policies, excluding PLI140-111109-DM, as ofJuly 2013, and • · Valuation of all policies, excluding PLI140-111109-DM, as of October 2013. Policy PLI140-llll 09-DM was excluded from the original report because the policy matured since the receivership began. This policy has been included in the first 2 valuations listed because the policy was part of the portfolio at those times. All methodologies discussed in the origmal report are consistent with the methodologies used to develop these valuations. Any changes in assumptions are outlined in this addendum. The RV portfolio consisted of 49 policies with a total face amount of $134,835,000 at the time ofthe receivership. With the maturation ofpolicyPLI140-111109-DM, the portfolio's face amount reduced to $124,835,000. LE reports were provided by Midwest Medical, AVS, and 21st Services. In L&E's experience, Midwest Medical is not considered a reputable LE provider in the industry. Therefore, L&E excluded these LEs from the analyses. The LE reports used differed by valuation based on the information available on the date assumed for each valuation analysis. Valuation as of Retirement Value Purchase Date The Valuation as ofthe Retirement Value Purchase Date includes all49 policies. The purchase dates were obtained from GBKH. The valuation results and purchase dates are shown in Exhibit H on the next page. The valuation was analyzed using discount rates of 18%, 20%, and 24%. These discount rates were used because they most currently reflect the market situation for policies such as these. The life expectancies used for this valuation came from AVS and 21st Services. L&E used the LE reports that were closest to the purchase dates without being later than the purchase date. This ensures that L&E used the freshest and newest LE reports available at the time of the purchase, as ifL&E were valuing these policies at that time. The LE reports range from 2008 to 2010 with 1 LE report from 2006. For all policies that had both an AVS and 21st LE report, the LEs and LE dates were averaged. When only 1 ofthe reports existed for a policy, the LE and LE date were used as seen in the report. Of the 49 policies, 38 of the policies had 2 reports and 11 had only an AVS report. The LEs and LE dates are shown in Exhibit I. Lewis & Ellis, Inc. • Actuaries & Consultants 19 257 George Brothers Kincaid & Horton, L.L.P.- Retirement Value Receivership Exhibit H- Net Present Values Probabilistic Basis As ofRetirement Value Purchase Date . . .·,~-- ' C. 1 ' '· .:- . . -~ -, . !.' .• ,;_ · IXs"C(iimt Rates .. ---..- ... cl,; Polic_y Purchase Date 13% 20% 24"/o AGL06L-102D09-LM 10/2009 440,165 396,727 325,279 AGL130-0121Hl-PM 1!2010 149,612 133,979 107,072 AGL66L-071509-LB 7/2009 38,061 29,727 !7,073 AGL73L-031909-WK 412009 264,913 221,409 154,475 AN1521-l 02209-BW 10/2009 105,547 92,9&2 72,259 ANI852-031909-HO 612009 (79,731) (94,783) (115,111) AVL180-030510-MR 212010 (157,104) (173,321) (195,014) AXA091-0!21 10-PC 112010 227,478 174,610 92,872 AXA 146-090409-GJ 9/2009 162,852 135,699 93,792 AXA335-022410-PS i/2010 (22,160) (31,834) (44,906} AXA597-ll0209-HM 10/2009 (4,600) (13,370) (25,725) AXA729-112009-SF 12/2009 91,800 70,095 37,043 AXA804-031909-RM 612009 140,442 100,987 43,398 AXA826-l!0509-JC 912009 636,193 605,502 551,693 AXA994-0ll510-BD l/2010 (1,399) (12,194) (28,169) HLI814-092509-MI 9/2009 217,518 194,865 158,275 ING036-071509-EB 8/2009 150,774 126,173 89,754 ING!5J-121409-AK 121'2009 (21,923) (25,475) (30,108) ING201 ~071509-AG 7/2009 373,678 311,691 215,169 ING283-031909-Al 6/2009 158,045 134,042 95,928 LBL!65-0J1909-NL 4/2009 83,906 73,239 56,581 LBL361-021710~SW . 2/2010 (165,587) (161,314) (152,927) LBL771-11 0209-MF 12!2009 97,038 79,680 52,640 LFG006-103009-JC 10/2009 (2,012) (8,855) (18,278) LFG008-l 02909~ RB 1112009 91,295 69,240 35,649 LFG081-02171D-RC 1/2010 128,685 ll0,064 80,904 LFG117-02171D-HW 1/2010 183,550 157,067 116,115 LFG177-031909-MC 4/2009 814 (3,458) (9,260) LFG!83-111109-MR 1112009 200,465 154,527 82,614 LFG248-012610-HM 1/2010 543,148 485,894 394,109 LFG272-112009-PS 12/2.009 122,932 104,704 76,700 LFG3 11-031210-HM 3/2010 872,601 775,452 618,105 LFG566-071509-MR 8/2009 322,873 275,278 201,399 LFG591-031909-DH 4/2009 23,424 16,709 6,307 LFG735-03 051 0-AS 2!2010 497,079 433,513 333,826 LFG740-071509RL 712009 306,710 256,475 179,066 LFG782-090409-HO 912009 40,224 27,489 6,996 LLI899-1 02209-AT 1012009 (275,553) (277,590) (2?6,965) MET650-071509-DF 912009 5,003" (2,725) (14, 133) 1iMI860-D71509-ML 8/2009 (61,491) (69,437) (79,898) OML446-03 1909-RL 5/2009 117,030 92,793 53,773 PL!140-111 109-DM 112010 (312,937) (326,116) (335,930) PLI680-I 02909-JS 12/2009 (11,905) (17,394) (25,000) PLI930-102009-HM 10/2009 5,721 (2,451) (13,962) PLI980- !Ill 09-JS 1212009 (31,873) (54,249) (85,443) SLA338-112009-CD 11/2009 171,208 144,362 102,100 SLA534-031909-LC 6/2009 (4,677) (9,229) (16,031) TRA281-071509-RJ 712009 76,819 58,9!0 30,964 WPL982-071509-LB 9/2009 30,041 24,831 16,739 Porifoi.W Total 5,924,690 4,784,921 3,031,815 Lewis & Ellis, Inc. • Actuaries & Consultants 10 258 George Brothers Kincaid & Horton, L.L.P.- Retirement Value Receivership Exhibit I - Life Expectancies As of Retirement Value Purchase Date Policy LE LEDate AGL06L-102009-LM 105 4/2008 AGLI30-012110-PM 82 10/2009 AGL66L-071509-LB 143 7/2009 AGL 73 L-031909-WK 143 8/2008 ANI521-102209-BW 89 7/2009 ANI852-031909-HO 142 3/2009 AVL!S0-030510-MR 151 B/2009 AXA091-012110-PC 132 1112009 AXA146-090409-GJ 131 2/2009 AXA335-022410-PS 182 11/2009 /\XAS97-110209-HM 139 7/2009 AXA729-112009-SF 138 912009 AXA804-031909-RM 143 5/2009 AXA82.6-11 0509-IC 66 512006 AXA994-0115JO-BD 145 812009 HLI814-092509-Ml 121 712008 ING036-07!509-EB 136 5/2009 ING!SJ-121409-AK 136 2/2009 ING20 1-071509-AG 109 812009 ING283-031909-AI 98 3/2009 LEL165-031909-NL 113 4/2009 LBL361-021710-SW 170 2/2010 LBL771-110209-MF 126 1012009 LFG006-103 009-JC 139 S/2009 LFGOOS-1 02909-RB 141 10/2009 LFG08I-0217l0-RC 133 8/2009 LFG!l?-021710-HW [20 12/2009 LFG177-031909-MC 161 11/2008 LFG183-l11109-MR 157 8/2009 LFG24&-0l261 0-HM 105 12/2009 LFG272-112009-PS 125 12/2009 LFG311-031210-HM 104 212010 LFG566-07!509-MR !57 8/2009 LFGS91-03!909-DH 134 2/2009 LFG735-03051 0-AS 129 912009 LFG74D-071509RL 126 5/2009 LFG782-090409-HO 133 6/2009 LLI899-102209-AT 176 612009 ~1ET650-071509-DF 137 1212008 :MMI860-07!509-ML 160 7/2009 OML446-031909-RL 95 4/2009 PLII40-111109-DM 112 1112009 PLI680-1 02909-JS 147 J 112008 PLI930-I02009-HM 139 712009 PLI980-1l11 09-JS 147 1112008 SLA338-ll2009-CD 130 3/2008 SLA534-031909-LC 120 412009 TRA281-071509-RJ 131 712008 WPL982-07l509-LB 124 2/2009 Lewis & Ellis, Inc. • Actuaries & Consultants 21 259 George Brothers Kincaid & Horton, LLP.- Retirement Value Receivership Valuation as ofMay5~2010 The Valuation as of May 5, 2010 includes all49 policies. The valuation results are shown in Exhibit J on the next page. The valuation was analyzed using discount rates of 18%, 20%, and 24%. These discount rates were used because they most currently reflect the market situation for policies such as these. The life expectancies used for this valuation came from A VS and 21st Services. L&E used the LE reports that were closest to May 5, 2010 without being later than this valuation date. This ensures that L&E used the freshest and newest LE reports available, as ifL&E were valuing these policies at that time. The LE reports range from 2008 to 2010 with 1 LE report from 2006. For all policies that had both an A VS and 21st LE report, the LEs and LE dates were averaged. When only 1 of the reports existed for a policy, the LE and LE date were used as seen in the report. Of the 49 policies, 38 of the policies had 2 reports and 11 had only an AVS report. Thirteen ofthe LEs were updated from the RV purchase date valuation analysis. The LEs and LE dates are shown in Exhibit K. Lewis & Ellis, Inc. • Actuaries & Consultants 22 260 George Brothers Kincaid & Hortl)n, l.L.P.- Retirement Value Receivership Exhibit 1- Net Present Values Probabilistic Basis Retirement Value as of May 5, 2010 ... , . ~-... ·._. :.'~?· ·;_t:::: .... ··: .Df.ii;(JUntJ/t;les ',:':'·':':,;· .~,c,_.: _ ··~::.. · .:·:: Policy Valuation Date 18% 20% 24% AGL06L--l 02009-LM 5/5/2010 453,779 409,544 335,890 AGL130-0!21 10-PM 5/5/2010 143,851 129,093 103,664 AGL66L-071509-LB 5/5/2010 51,111 41,529 26,508 AGL73L-031909-WK 5/S/2010 384,983 337,744 263,184 ANI521-102209-BW 5(5/2010 132,667 119,862 98,442 ANIS$2-031909-HO 515/2010 34,686 5,487 (38,815) AVLI80-D30510-MR 5/5/2010 (148, 138) (165,752) (190,027) AXA091-0121 10-PC 5/5/2010 255,199 200,280 114,393 AXA146-090409-GJ 515/2010 192,715 163,978 118,840 AXA335-022410-PS 51512010 (17,802) (28,012) (42,050) AXA597-110209-HM 51512010 (12,981) (22,858) (37,263) AXA729-112009-SF 5/512010 114,230 91,503 56,425 AXAS04-031909-RM 5/512010 176,095 131,758 64,978 AXA826-110509-IC 5/5/2010 657,924 628,110 575,479 AXA994-0t 1510-BD 5/5/2010 8,094 (3,373) (20,635) HLI8l4-092509-MI 5/512010 228,282 205,141 167,272 tNG036-071509-EB 5/5/2010 !18,398 92,729 54,669 INGI5J-121409-AK 5/512010 (26,233} (30,724) (36,846) ING201~071509-AG 5/5/2010 450,872 385,342 281,154 ING283-03l909-AI 5/512010 176,356 148,808 104,058 LBL 165-031909-NL 5/512010 65,801 56,589 42,095 LBL361-02l710-SW 5/5/2010 (161,709) p57,910) (150,346) LBL77t-li0209-MF 51512010 93,485 75,388 46,843 LFG006-103009-JC 5/512010 (14,946) (22,645) (33,624) LFGOOS-102909-RB 5/512010 102,697 79,309 43,064 LFG081·02l710-RC 515/2010 143,117 124,077 94,025 LFGI 17-021710-HW 515/2010 187,125 159,974 117,661 LFG t 77 -031909-MC 5/5/2010 13,059 8,044 940 LFG183-111109-.MR 5/5/2010 . 289, !56 240,885 164,076 LFG248-0l26l0-HM 5/512010 559,112 501,151 407,669 LFG272-112009-PS 5/5/2010 126,928 108,109 78,914 LFG311-031210-HM 515/2010 938,590 840,799 681,877 LFG566-071509-MR 5[5/2010 362,132 312,019 232,788 LFG59!-031909-DH 5/5/2010 39,877 32,296 20,113 LFG735-030510-AS 515/2010 507,898 443,416 341,753 LFG740-071509RL 5/5/2010 284,812 235,850 159,547 LFG782-090409-HO 5/5/2010 57,505 43,674 20,829 LLI899-I 02209HA T 5/5/2010 (222,86!) (227,558) (231,690) MET650-07t509-DF 5/512010 17,526 8,880 (4,283) MMI860-071509-ML S/5/2010 (48,444) (56,770) (68,190) OML446-031909-RL 5/5/2010 228,965 202,522 158,671 PLIJ40-lll 109-DM 5/5/2010 (346,410) (362,242) (376,447) PU680H I 02909-JS 5/512010 (13,470) (19,496) (28,080) PLI930-l 02009-HM 5/5/2010 (1,543) (10,638) (23,845) PLI980-llll09-JS 5/5/2010 (36,953) (61,393) (96,350) SLA338-ll2009-CD 515/2010 185,481 157,431 112,663 SLA534-03 1909-LC 515/2010 191,851 !63,801 l19,033 TRA281-D71509-RJ 5/5/20"10 188,586 160,536 115,768 WPL982-071 509-LB 5/5/2010 193,!22 165072 120,304 Portfolio Total 7,304,575 6,041,358 4,065,095 Lewis & Ellis, Inc.. • Actu(lries & Consultants 23 261 George Brothers Kincaid & Horton, L.L. P. - Retirement Value Receivership Exhibit K- Life Expectancies As of May 5, 2010 Policy LE LEDate AGL06L-l 02009-LM 105 4/2008 AGLI30-012110-PM 82 10/2009 AGL66L-071509-LB 143 7/2009 AGL73L-031909-WK 143 8/2008 AN1521-l 02209-BW 89 7/2009 AN1852-031909-HO 142 3/2009 AVLlB0-030510-MR 157 8/2009 AXA091-012110-PC 132 1112009 AXA146-090409-GJ 131 212009 AXA335-02241 0-PS 182 1lf2009 AXA597-ll0209-HM 139 7/2009 AXA729- 112009-S.F 138 912009 AXA804-03!909-RM 143 512009 AXA826-l10509-IC 66 512006 AXA994-0115!0-BD 145 8/2009 HLI814-092509-MI 121 7/2008 ING036-071509-EB 136 5/2009 INGISJ-121409-AK IJ6 2/2009 1NG201-071509-AG lD9 812009 JNG283-031909-AI 9& 312009 LBLI65-03l909-NL 113 412009 LBL361-021710-SW 170 2/2010 LBL 771- 1I 0209-MF 126 10/2009 LFG006-103009-JC 139 5/2009 LFG008-l 02909-RB 141 !0/2009 LFG081-021710-RC 133 8/2009 LFGl 17-021710-HVi 120 12/2009 LFG177-D31909-MC 161 1112008 LFG!83-ll1109-MR !57 8/2009 LFG248-012610-HM lOS 12/2009 LFG272-112009-PS 125 12/2009 LFG311-031210-HM 104 2/2010 LFG566-071509-MR 157 8/2009 LFG$91-031909-DH 134 212009 LFG735-030510-AS 129 9/2009 LFG740-071509RL 126 5/2009 LFG782-090409-HO l33 6/2009 LLIB99-102209-AT !76 6/2009 MET650-071509-DF 137 12/2008 MMI860-071509-ML 160 712009 OML446-031909-RL 95 4/2009 PLII40-Ill109-DM ll2 1112009 PLI680-1 02909-JS 147 1112008 PLI930-l 02009-HM I39 712009 PLI980-1lll 09-JS 147 1112008 SLA338-112009-CD 130 3/2008 SLA534-031909-LC 120 4/2009 TRA281-071509-RJ 131 7/2008 WPL982-07 1509-LB 124 212009 LI!Wis & Ellis, Inc. • Actuaries & Cunsultrmts 262  . . I George Brothers Kincaid & Horton! L.L.P. -Retirement Value Receivership Valuations as of July 2013 and October 2013 The Valuations as of July 2013 and October 2013 exclude the matured policy, resulting in 48 policies being valued. The valuation results are shown in Exhibit L for July 2013 and Exhibit M for October 2013. The valuations were analyzed using discount rates of 18%, 20%, and 24%. These discount rates were used because they most currently reflect the market situation for policies such as these. The life expectancies used for this valuation came from AVS. These A VS reports were updated since the previous AVS reports used in the other valuations. These are the freshest LE reports available for the policies as of this addendum. The LE reports range from 2011 to 2012 with l LE report from 2009. The LE and LE date were used as seen in the report. The LEs and LE dates are shown in Exhibit N. Lewis & Ellis, Inc. • Actuaries & Consultants 25 263 George Brothers Kincaid & Horton, L.L.P.- Retirement Value Receiversllip Exhibit L- Net Present Values Probabilistic Basis Retirement Value as of July 2013 using A VS LEs : '-. i'•,'; ··~: r-·., :··· - :Dtsc6iiiif.Rate.S . · : .•.· •' Policy Valuation Date 18% 20% 24% AGL06L·l02009-LM 712013 543,784 513,039 459,032 AGL!30-012110-PM 7/2013 336,651 323,649 299,827 AGL66L-071509-LB 712013 118,848 109,015 92,530 AGL73L-031909-WK 712013 293,362 261,093 208,912 ANI521-l 02209-BW 7/2013 88,433 81A60 69,516 ANr852-031909-HO 712013 248,473 211,112 150,047 AVLIS0-030510-MR 712013 386,719 341,590 266,700 AXA091-012110-PC 7/2013 447,341 401,675 325,683 AXA 146-090409-GJ 712013 173,415 151,635 116,032 AXA335-022410-PS 712013 (59,)89) (63,571) (68,951) AXA597-110209·HM 7t2013 268,530 243,629 202,064 AXA729- 112009-SF 712013 153,675 134,506 103,218 AXA804-031909-RM 7/2013 252,290 211,487 146,813 AXA826-ll0509-IC 7/2013 120,751 106,575 83,162 AXA994-0 1151 0-BD 7/2013 44,890 34,235 16,846 HLI814-092509-MI 712013 292,197 272,383 238,486 ING036-071509-EB 712013 (1,706) (20,871) (50,606) JNG!SJ-12!409-AK 7/2013 40,539 31,024 15,529 lNG201-071509-AG 712013 567,340 508,606 410,880 ING283-031909-AI 7/2013 58,022 46,704 27,664 LBL165-031909-NL 7/2013 31,182 25,604 16,653 LBL361-02 171 0-SW 7/2013 (72,924) (73,887) (74,650) LBL771-l10209-MF 7/2013 119,737 106,152 83,438 LFG006-1 03009-JC 712013 42,547 29,651 8,951 LFG008-l02909-RB 712013 284,113 254,876 206,376 LFG081-021710-RC 7/2013 153,112 137,765 112,257 LFG1 17-021710-HW 7!.2013 68,087 55,743 36,079 LFGI77-031909-MC 712013 19,645 13,694 4,649 LFG183-111109·MR 712013 870,183 806,085 697,Z99 LFG248-0l2D10·HM 7/2013 (49,426) (53,542) (59,347} LFG272- 112009-PS 712013 220,105 198,268 162,265 LFG311-0312l 0-Hlvl 7/2013 l37,BI 117,049 84,125 LFG566-071509-MR 7/2013 859,255 792,390 679,830 LFGS91 -031909-DH 7/2013 64,699 58,815 48,642 LFG735-03051 0-AS 7/2013 368,112 330,010 267,423 LFG740-071509RL 7/2013 491,856 438,427 350,021 LFG782-090409-HO 712013 (!23,497) (126,050) (130,196) LLI899-l 02209-A T 7/2013 (190,739) (197,945) (207,904) MET650-071509-DF 7/2013 51,217 42,591 28,495 MMI860·071509-ML 7/2013 {!6,265) (22,781) (32,327) OML446-031909-RL 7/2013 276,306 256,134 220,897 PLI680-1 02909-JS 7/2013 8,217 2,288 (6,720) PLI930-1 02009-HM 7/2013 26!,032 236,745 196,205 PLI980-l111 09.JS 712013 34,013 10,231 (25,906) SLA338-1l2009-CD 7/2013 196,962 176,882 143,428 SLA534-031909-LC 712013 53,147 47,424 37,746 TRA281-07 1509-RJ 7/2013 I 16,777 103,873 82,310 WPL982-071509-LB 712013 121,564 1!2,362 96,645 Portfolio Total 8,770,511 7, 777,829 6,140,069 Lewis & Ellis, Inc. • Actuaries & Consultflllts 26 264 George Brothers Kincaid & Horton, l.LP.- Retirement Value Receivership Exhibit M- Net Present Values Probabilistic Basis Retirement Value as of October 2013 using AVS LEs ·i···· ... . . "· ·{.; .. -···· ·" .. · .: .-. •. _Dt;:c(frmt(Raiei ._•• ·. .·'' :~ ·. ·.' ·... :. ~-~ : .. Policy Valuation Date 18% 20% 24% AGL06L-1 02009-LM 10!201J 562,774 532,720 479,705 AGLl30-0121!0-PM 10/2013 343,734 331,417 308,751 AGL66L-071509-LB 10/2013 124,618 114,82:) 98,327 AGL 73L-031909-WK 10/2013 30(790 272,214 219,268 ANI521-1 02209-BW 1012013 98,044 91,111 79,185 i ANI852-031909-HO 10/2013 268,285 230,183 167,463 A VL! S0--030510-MR 10/2013 416,807 371,174 294,970 AXA091-0l2110-PC 1012013 477,220 431,315 354,492 AXA 146-090409-GJ 1012013 191,472 169,414 133,129 AXA335-0224 !0-PS 1012013 (56,172) (60,985) (67,135) AXA597-l10209-HM 1012013 286,870 261,806 219,761 AXA729-112009-SF 10/2013 166,810 147,401 ll5,523 AXA804-031909-RM 10/2013 272,943 231,265 164,754 AXA826-1l 0509-IC l0/2013 133,741 119,395 95,556 AXA994-011510-BD 10/20!3 59,630 48,701 30,711 HLI814-092509-MI 10/2013 300,147 280,525 246,828 ING036-071509-EB 10/2013 26,204 6,191 (25,235) ING15J.J21409-AK 10/2013 52,986 43,193 27,109 ING201-071509-AG 10/2013 597,719 538,450 439,273 ING283-031909-Al 10/2013 81,725 70,171 50,573 LBL!65-03 1909-NL 10/2013 34,042 28,331 19,097 LBL361-021710-SW 10/2013 (68,678) (69,960) (71,307} LBL771-110209-MF 10/2013 lJl, 122 117,419 94,364 LFG006-103009-JC 10/2011 59,582 46,286 24,748 LFGOOS-102909-RB 1012013 301,446 272,033 222,968 LFG081-0217IO-RC 10/2013 164,237 148,825 123,067 LFG\17-021710-HW 1012013 76,621 63,995 43,737 LFG\77-031909-MC 1012013 19,787 13,643 4,228 LFG183-llll09-MR 1012013 899,432 835,908 727,639 LFG248-012610-HNI 1012013 (40,620) (45,097) (51,584) LFG272-ll2009-PS 10/2013 232,637 210,671 174,268 LFG311-0312!0-HM 1012013 153,173 132,786 99,121 LFG566-071509-MR 10/2013 887,327 820,836 708,428 LFG591 -031909-DH 1012013 72,825 66,956 56,744 LFG735-03051 0-AS 10/2013 379,855 341,515 278,204 LFG74D-071509RL 10/2013 523,738 469,786 380,002 LFG782-090409-HO 10/2013 (99,218) (102,260) (107,383) LLI899-102209-AT 10/2013 (165,582) (173,799) (185,68!} MET650-071509-DF J0/2013 57,830 49,015 34,498 MMIS60-071509-ML 10/2013 (9,453) (16,324) (26,547) OMIA46-031909-RL 10/2013 295,993 275,986 240,841 PL!680-I 02909-JS 10/2013 12,355 6,186 (3,285) PLI930-1 02009-HM 10/2013 278,882 254,434 213,419 PLI980-111 109-JS 10/2013 50,562 25,826 (12,163) SLA338-112009-CD 10120!3 211,337 191,146 157,317 SLA534-031909-LC 10/2013 58,757 52,989 43,172 TRA28l-07l509-RJ 10/2013 129,689 116,690 94,834 WPL982-071509-LB 1012013 127,568 118,367 102,580 Porl_[Q/io Total 9,485,593 8,482,673 6,818,335 ,.._Do-na( inr::ludr: r.my n...-.fup:li: guarat~lee.r Lewis & Ellis, Inc. • Actuaries & Consultants 27 265 George Brothers Kincaid & Horton, L.L.P.- Retirement Value Receivership Exhibit N- Life Expectancies As of July 2013 and October 2013 Policy AGL06L-1 02009-LM AGL!J0-012110-PM AGL66L-071509-LB LE 89 60 125 LEDate 5/2012 512012 1212011 ! i' F i.: AGL 73L-031909-WK 138 512012 ANI521-102209-BW 90 1212011 r: ANI852-031909-HO AVLIS0-030510-MR Ill 117 12!201 I 5/2012 I' [. t. AXA091-012110-PC 125 312012 AXA 146-090409-GJ 127 1/2012 AXA335-02241 0-PS 177 512012 AXA597-110209-HM 89 IZ/2011 AXA 729-112009-SF 134 12120Il AXA804-031909-RM 132 112012 AXA826-110509-IC 112 1212011 AXA994-011510-BD 134 112012 HLHH4-092509-MI 108 1/2011 ING036-071509-EB 132 l/2012 ING15J-121409-AK 100 5/2012 ING201-071509-AG ]00 l2f201l ING283-03I909-Al 104 112012 LBL 165-031909-NL 122 4120!2 LBL361-021710-SW 150 12/2011 LBL771-l10209-MF 122 112012 LF0006- I 03009-JC 114 12/2011 LFGD08-I 02909-RB 118 1/2012 LFG08!-021710-RC 134 12!2011 J,FG117-0217!0-HW 142 51201 I LFGI77-031909-MC 164 In009 LFG183-J 11109-MR 117 5/2012 LFG248-012610-BM 170 5/2012 LFG272-112009-PS 108 1/2012 . LFG311-031210-HM 170 5/2012 LFG566-071509-l'viR 117 512012 LFG591 -031909-DH 120 1/2012 LFG735-030510-AS 132 2/2012 LFG740-071509RL 106 5/2012 LFG7 82-090409-HO 127 5/2012 LLI899-1 02209-AT 156 12/2011 MET6S0-071509-DF 122 12!2011 MMI860-071509-ML 161 112012 OML446-031909-RL 86 12/2011 PLI6BO-l 02909-JS 130 1/2012 PLI930-1 02009-HM 89 12/201! PLI980-1111 09-JS 130 1/2012 SLA338-ll2009-CD 117 l/2012 SLA534-03l909-LC 101 1212011 TRA281-071509-RJ 125 112012 WPL982-07L509-LB 79 5/2012 Lewis & Ellis, Inc. • Actuaries & Consultants 28 266  The Experts: Actuarial Consultants S. SCOTT GIBSON, FSA, MAAA &nior Vic~ P~sident & Principal Consulting Actuary. Dallas Email: SGibson@LewisEIIis.com As a Senior Vice President and Principal in the Dallas office, Scott provides a diverse range of actuarial knowledge to his clients. He has been a consultant to the insurance industry since his graduation from the University of Texas in 1981. Scott's practice has centered on providing actuarial services to small, medium, and large sized family owned insurance companies. This work requires strong communication skills with non-actuaries. His ability to communicate actuarial and technical issues to non-actuaries is one reason Scott is so highly regarded in thls arena. His experience includes activities such as product development, statutory valuation, reinsurance, modeling, experience studies, and cash flow testing. He serves as the appointed valuation actuary for numerous insurers. Starting in 2003, Scott began his entry into the Ufe Settlement market. He has developed numerous mathematical tools and models for serving this Industry. His client base ranges from individual policyholders to multinational bank investors. In November 2005, he was elected to the Board of Directors of the Life Insurance Settlement Association (LISA), where he dutifully served for nearly 5 years. Scott, a devoted family man with a lovely wife and four children, enjoys working on outdoor projects and activities. Upcoming/Recent Professional Activities 2/2012 Was a panelist for the Investor's Roundtable, Life Settlements & Longevity Products, at the 11th Insurance Linked Securities Summit in the Cayman Islands. 9/2011 Was a panelist for the session on "Texas: Why is the Lone Star State Such a Magnet for Alleged Life Settlement Frauds?" at The Life Settlements Conference in Las Vegas sponsored by Deal Flow Media. 4/2010 267 Spoke at the 16th Annual Spring Conference of the Ufe Insurance Settlement Association (USA) in Washington D.C. on the first release of the USA Common Actuarial Tables (CAT). Scott spearheaded the devetopment of these tables whne working with the industry's leading Life Expectancy Providers' actuaries. The development and release of these tables marks a giant step forward for the life settlement industry. 2/2010 Scott and Jackie Lee moderated several sessions which included "Industry Best Practices" and "What Investors Can Find In This- Market" at the Life Settlement Trade Mission in London, Luxembourg, and Zurich. 2009 Appointed to chair the Data Transfer and Privacy Best Practices Committee of the Ufe Insurance Settlement Association (USA) that has been placed in charge of developing a standard and format for the secure transfer and collection of highly sensitive life settlement information. 11/2009 Moderated the sessbn of the Investors' Summit on "Life Settlement Fund Managers- Long Term Investment Success" at the 15th Annual Fall Conference of the Life Insurance Settlement Association (USA) in New York City. The session was well attended by nearly ISO of the major investors in the life settlement market. 10/2009 Appointed to chair the Actuarial Committee of Life Expectancy Best Practices that has been placed in charge of deriving the underlying mortality table that will be the standard used in the life settlement industry in the measurement of llfe expectancy "actual-to-expected" re~tios. 5/2008 Re-elected to the Board of Directors of the Life Insurance Settlement Association (USA) for another twa-year term at their 14th Annual Spring Conference in Washington, DC. 11/2005 Named to the Board of Directors of the Life Insurance Settlement Associ<:~tion (LISA). 07/2005 Addressed the Louisiana Insurers Conference (LIC) in San Diego. Scott spoke on "Life Insurance Valuation Issues•. Presentations r-:; Life Insurance Valuation Interest Rate- louisiana Insurers Conference 268 S. Scott Gibson~ F.S.A., M.A.A.A. Managing Principal Consulting Actuary, Dallas office since 1987 Prior Positions 1984-1987: Rudd & Wisdom, Inc.; Consulting Actuary 1982-1984: Texas State Board ofinsurance, Austin, Texas; Assistant Life Actuary 1981-1982: American National Insurance Company, Galveston, Texas; Actuarial Student Responsibilities and Experience • Evaluation and assistance in life insurance company acquisitions and mergers • Financial projections and forecasting • Statutory valuation actuary Development and pricing of new insurance products • Development and pricing of debt protection programs Life settlement pricing & administration • Asset/liability projections • Financial reporting • Mortality and Lapse Studies • Insurance systems conversion • Computer programming and operations • Policy forms filing with state insurance departments Education University of Texas, B.B.A., Actuarial Science Professional Fellow, Society of Actuaries Member, American Academy of Actuaries Prior Board Member of Life Insurance Settlement Association (LISA); served 4+ years www.LewisEllis.com 269 Your Actuarial Consultant- Lewis & Ellis http://www.Iewisellis.comfStaff-Actuarial_Jackie.asp The Experts: Actuarial Consultants JACQUEliNf a, LEE, FSA, MAAA Yice Pre1;ident Consulting Actuary, Dallas office Email: JLee@LewisEIIIs.com Jackie Lee joined Lewis & Ellis in June 2008. Since the beginning of Jackie's actuarial career, she focused on the individual and group health insurance markets. She continues to work with product pricing, development, and experience rating. Additionally, she reviews policy forms and rate filings for Individual and group products for clients with various types of health plan types, including but not limited to major medical plans, consumer driven health plans, specified disease plans, cancer plans, and pharmacy plans. Jackie frequently communicates with state insurance departments and their actuaries regarding rate and policy form filings. She also assists several state insurance departments in their financial examinations of health and dental Insurance companies. Additionally, Jackie has expanded her actuarial knowledge base to Include the life settlement industry. She provides policy pricing and policy/fund valuations for clients with funds of varying sizes. Jackie's ability to communicate and simplify complex actuarial concepts is invaluable to current and future clients. In her spare time, she coaches volleyball and enjoys traveling with her husband. Upcoming/Recent Professional Activities 2/2010 Jackie and Scott Gibson moderated several sessions which included "Industry Best Practices" and "What Investors Can Find In This Market" at the lJfe Settlement Trade Mission in London, Luxembourg, and Zurich. 1 of I 6/26/2012 1:29PM 270  - -- :f.~.·.··.· - se . . '• lj:it.:.... ~ . ·~;:,;;,_ Jacqueline Lee, F.S.A., M.A.A.A. . ..... Vice President Actu'#ie.s &: Consulting Actuary, Dallas Office Cons1lltanu Prior Positions 2005-2008: HealthMarkets- Mega Life & Health Insurance Company, Assistant Actuary 2003-2005: CIGNA,ActuarialAnalyst · Responsibilities and Experience • Valuations for life settlement policies and portfolios • Analysis oflife insurance policies and illustrations • Financial projections and forecasting • Annual auditing of insurance company STAT & GAAP financial statements Development, pricing, and rate review of A & H individual and group products • Competitive benefit and rate studies • Policy form, rate filings, and correspondence with state insurance departments • State-specific certification of compliance with small employer A & H requirements • Financial reporting: GAAP, statutory, and tax • A & H claim and contract reserves • Gross premium valuation testing for deficiency reserves • GASB Valuations for post-employment health benefit liabilities • Retiree Drug Subsidy calculations Education B.S. in Mathematics and Economics, Texas Lutheran University Professional Fellow, Society of Actuaries Member, American Academy of Actuaries www .Lewis Ellis, com 271 272 TAB 7  Cause No. D-1-GV-10-000454 IN TilE DISTRICT COURT OF TRAVIS COUNIT, TEXAS 126m JUDICIAL DISTRICT STATE OF 1EXAS, Plaintiff v. RETIREMENT VALUE, LLC, et al., Defendants AND JAMES SETIIEMENT S~RVICES, LLC, et al., Third-Party Defendants Expert Witness Report of S. Todd Burchett, CPA, ABV, ASA, CFF February 15, 2013 EXHIBIT I 6 273  10001 Reunion Place, Suite 400 San Antonio, TX 78216-4137 CPAs & Advisors 210.341.9400 Fax 210.341.9434 www.bkd.com Mr. John W. Thomas George & Brothers, LLP 114 W. Seventh, Suite 1100 Austin, Texas 78701-3015 We have performed a solvency analysis and have prepared schedules of disbursements to assist George & Brothers, LLP with the dispute involving Retirement Value, LLC, et al. and James Settlement Services, LLC and the State of Texas in the 126tb Judicial District Court of Travis County, Texas. We have relied on information provided to us by you. If additional information should be provided to us at a later date, the conclusions contained in this report could change. This report is the property of BKD, LLP. If any party intends to publish or otherwise reproduce this report and make reference to our firm name in any manner in connection herewith, BKD must be provided with the printer's proofs or masters for our review and approval before printing a or other reproduction and provided with copy of the final reproduced material for our approval before it is distributed, including posting our report on any website. We will be pleased to discuss our conclusions at your convenience. Keep in mind that we may issue a supplemental or updated report based upon additional discovery in this matter. I am being compensated at an hourly rate of $360 per hour. My compensation is not determined by our opinion or the outcome of this case. In addition, my curriculum vitae, testimony and speech details are attached hereto. S. Todd Burchett, CPA, ABV, ASA, CFF A -.~~---: .:_ .· ~ · ... · ...... ·.:_._··:··; :. ·, .. ·:·· . . ·'· .. February 15,2013 ..,,;..., Pr"""vft·,;·~ S ;;: CiAs ¥r~. •. MEMBfR·~· GlOBAL AlliANCE OF experience lNDEPENOENT FIRMS 274  STATE OF TEXAS, Plaintiff v. RETIREMENT VALUE, ILC, et al., Defendants AND JAMES SETILEMENT SERVICES, LLC, et al., Third~Party Defendants Expert Witness Report of S. Todd Burchett, CPA, ABV, ASA, CFF February 15, 2013 Contents Introduction ..................................................................................................................................... 1 Assignment ..................................................................................................................................... 1 Documents Provided ....................................................................................................................... 1 Analysis and Opinions .................................................................................................................... 2 Solvency Analysis ....................................................................................................................... 2 Payments by Category ................................................................................................................ 3 Summary of Opinions ..................................................................................................................... 4 275  1 Mr. John W. Thomas George & Brothers, lLP 114 W. Seventh, Suite 1100 Austin, Texas 78701-3015 Introduction You have retained our firm to provide litigation consulting services, including solvency analysis, in connection with the litigation involving the State of Texas ("Plaintiff') against Retirement ~ Value, LLC, Inc., et al. ('"Retirement Value" or "Defendants"), existing in the 1261h District . 1 Court of Travis County, Texas, Cause No. D-1-GV-10-000454. Assignment Our primary assignment is to evaluate information produced in this case and to report on our conclusions and observations in order to assist the courts in its evaluation of the allegations made in the Petition? Documents Provided We have been furnished the following information in the preparation of this report: • Receiver Espinosa's Seventh Amended Cross-Claim and Third-Party Claim, filed November 27,2012 • Receiver Espinosa's Fifth Amended Cross-Claim and Third-Party Claim, filed March 28, 2012 • Receiver's Fourth Amended Response to Requests for Disclosure, filed September 14, 2012, and related exhibits • Report of Eduardo S. Espinosa, Temporary Receiver for Retirement Value, LLC, a Texas Limited Liability Company, as of April 30, 2011 • QuickBooks accounting records of Retirement Value, LLC • Payroll reports • Numerous (over 500) spreadsheets produced by the Receiver in this matter • David Gray's Membership Interest Purchase Agreement • Information provided by Lewis & Ellis, Inc. You have requested that we communicate our co.nclusions and observations to date in a written report. Our conclusions and observations contained in this report are based upon the documents reviewed and analysis performed to this date. As additional information becomes available, it may impact the conclusions and observations contained in this report. We reserve the right to amend or supplement this report by issuing an amended, supplemental or updated report at a future date after considering additional materials and information. 1 See engagement letter from our firm dated May 18, 2012 z See Receiver Espinosa's Seventh Amended Cross-Claim and Third-Party Claim, filed November 27, 2012 276  2 Analysis and Opinions You have asked us to review and analyze the financial information of Retirement Value and the other information provided to us and prepare a report that presents our opinions regarding its solvency between Apri130, 2009 and March 31, 2010. In addition, you have asked us to calculate all payments made by category and payments to certain parties from March 1, 2009 through March 31,2010. Solvency Analysis Our analysis began with the accounting information as prepared by BKD, LLP for ~e Receiver. BKD obtained the books and records of Retirement Value, LLC (Company) and reconciled the accounts and corrected the accounting entries in order to make the financial information accurate and in conformance with generally accepted accounting principles. BKD was not engaged to audit, compile or review the financial statements of the Company and did not do so .. This information has been used by the Receiver to file income tax returns for the Company. The assets and liabilities were recorded on the accrual basis, not on the cash basis. We have been provided the following information and have used tbis definition in our analysis: The Texas Uniform Fraudulent Transfer Act provides that a debtor is insolvent "if the sum of the debtor's debts is greater than all of the debtor's assets at a fair valuation." The solvency measurement dates we were asked to measure were as of the end of each month from Apri130, 2009 through March 31, 2010. The Company's net book value (assets minus liabilities) before any valuation adjustments at each of the measurement dates was negative, indicating insolvency. See the table below for the equity balances of the Company. 4/30/2009 -$26,989.81 5/31/2009 -$47'772.00 6/30/2009 -$118,807.08 7/31/2009 -$296,218.26 8/31/2009 -$528,662.84 9/30/2009 ·$694,502.54 10/31/2009 -$1,741,321.33 11/30/2009 -$2,000,434.45 12/31/2009 -$4,453,489.05 1/31/2010 -$5,252,432.80 2/28/2010 -$6,998,107.20 3/31/2010 -$8,464,193.43 We have relied on the valuations of the life insurance policies as performed by Lewis & Ellis, Inc., Actuaries & Consultants, for assessing the market value of the assets of the Company and any related adjustments. The valuation dates used by Lewis & Ellis, Inc. are as of the purchase dates of the insurance policies. I have also interviewed S. Scott Gibson, FSA, MAAA of Lewis & Ellis, Inc., who was one of the preparers of the report. 277  3 We have used the values of the policies as reflected in the Lewis & Ellis, Inc. report in our analysis. We have made adjustments to the amounts as reflected on the books of Retirement Value in order to adjust the insurance policy assets to their market values. The adjusted book values of Retirement Value as of the relevant measuryment dates are, as follows: 4/30/2009 -$1,076,609.36 5/31/2009 -$1,692,312.72 6/30/2009 -$5,228,669.15 7/31/2009 -$7,423,361.30 8/31/2009 -$10,270,088.70 9/30/2009 -$12,215,070.82 10/31/2009 -$16,885,762.65 11/30/2009 -$22,071,702.23 12/31/2009 -$31,137,669.73 1/31/2010 -$39,092,233.35 2/28/2010 -$44,553,585.71 3/31/2010 -$48,635,672.75 Having conducted the above analysis, the sum of Retirement Value's debts was greater than all of Retirement Value's assets at a fair valuation at all times from April 30, 2009 through March 31, 2010, resulting in insolvency during all of the time periods. See Exhibits 1A through 1L, attached hereto. We have also reviewed the profitability of the Company during the periods of 2009 and 2010 and determined that the Company was not profitable. This indicates that any intangible assets that existed have no value since an intangible asset must generate a measurable amount of economic benefit in order to have economic value.3 Payments by Category You have asked us to calculate all payments made by category from March 1, 2009 through March 31,2010. Those payments summarized in Exhibit 2 and attached hereto, total · $54,064,761.24. This figure does not include $117,500.00 paid to principals and recorded on April1, 2010. You have also asked us to calculate the payments to the following parties: • Kiesling Porter, Kiesling & Free, P .C. • James Settlement Services, LLC • Richard & Catherine Gray • David & Elizabeth Gray • Wendy Rogers • Bruce Collins and Collins Marketing • Licensees Those calculations are presented in Exhibit 3, attached hereto. 3 Valuing Small Businesses & Professional Practices, Third Edition, Pratt/Reilly/Schweihs, page 108. 278 279  ACCEPTED 03-14-00518-CV 6062095 THIRD COURT OF APPEALS AUSTIN, TEXAS 7/14/2015 3:10:16 PM JEFFREY D. KYLE CLERK TAB 8  E~hlblt1A .ASSETS. --.;,;;_____ ,;;;;;;;;;:.;;=--~-- .·.· :............... ···-~--- :Not Asset Value· cunnti.io- · Choi<:klng/Sa~Jngo WELLS FARGo BASE -11459 ~sa;1s2,39. _ · o.oo ·< 2ss.1s2.ail 259,152.39 RatireQ18nt V•~i.ie~ LLC ·aaa..~.o. · '633.10 833.10. RBtl;..m.M V~l~e, LLC ·[F~l- _ _ _ _..__.._.._.._~~-;;.··-~-o::;,oo;;.' · :o.oo.,_:· ·· __-.-- _ .-: . :.:a.oo·:: "":0.00. Totai Chacklng/Savlngi · 259,152.39. 833,1_0: ------ ·- 259,985.49. ACcountS RecaiVabh~ Aiw:countS Reeotvable · ·:o.oo•' 0.00 0.00 robii.AcoouniO Roieoilvaiiie· o.oo· · -::. 0.00 ·:. :o.oo 'o.oo' ··.-o.oo_.: Ollioi cu .... rit A.:oets · ·. ··lnterCOmp&Ry· Ct&l:·~:n9 Ac·c·~~:nt· _· ·: 0.00 Mo _ · · o.oo· ... _o.oo_ Other c.;m.irt ....... ~~ - . . . . . . . ·. · 0.00- 0.00 .. '0.00· :Mo· : '· Total Othor cumont ·Assets •.• o.oo: -.--:-: .. ·'···'·· . ·' 0.00 .. ··.·.· ..·.· Total current A.Sels: . 259,152;$9 a33:1o ._.::isil,eiis.49•• ·, ·: .· Fixed AoliG!S . Total Flxod Ass&!s _0.00 .2,250.oo . ; ;:i$r).oii 2,250.00 ::· ... .,. ,··,···· ._ Oiher A.ieii ':-' '::·· ··_:: : .Pollcleo · 1~;iio6o~.- .-· .291,898.46. 307,899.45 : .. .· . ~i:aoa:~; ·. -· . -...-.-- Total Policies :::·o.oo .-·... ~:ati ·· ilor:a9ti:46 . . '_TOTAL AssETS - -.... : 27s;A~:~9> :!~1:~9~45 . .· ~7o,;3:i:e4 .- ::: . =···:· ...::-.. :. :".:.:.:·:.···.-:.-.':. •,,, ·• C'-.'',"'c' •,"'' '' UAiilunes ~ EQUITY _ _. _.·• ...· .. ._. . . _._.. U.bllttlal · Escrvwto Ret/Amount OwH on Po,lcias AGL.73L . . . . ' . .. ' : \~:~o6.oo . 1e.iioo.oo ·.: o.oo ·. · 453,lioo.iio. · . 4ss,ooo:oo :- ... uiL165. .-· .o.oo . 21i~.aa1.oo . · · 265,881.oo·.: i.fG1n · ·-.-. o:oo: :.-·:220.es7.oo--· 22a,Eis\',ao·:,:·: \..FG.591 '· 0.00 .• m,ooo.oo . . aat,ooo:oo . o.oo.-•' · _.16,"5oo.oo:- .-·. 1,341,516.oo· ·1,3sa,o1a.oo_ ... . ::·. :· ;·:. _: :.·.: :. ~ :>. : :' : : ·; .:-:· . :. U.nu Teim Uabliltlao :· ...... ( . . 258,725.30 ' 200,7.25.:ID . 258,725.30 .. ci.oo .. 258,725.30' ' . -· :~:C::~~ ·• ·' 3o.®o.o6 288,725.30 :•... · 0.00 ~ ·:· 30,000.00: 275,225.30 3o,oaO.im '28,989.81 ... '1,049,619.55 ::-- ... '1,076,609.36 -: :_ .._. . niTAL UABIUllES & eQUnY . ;. ; ~lsi~~ L.nt p~idby ~.;~~~~~~~~dooeo ri~ ;Miud~tho am~-~ ~~~~l~ ~. .~~ ~~l~~IIYl~ to U>e i~~~~.-- .... 280  >Exhibit .1 8 • .. . . , . ·.·. ; May31,2D~9 . New~ RETJREMENf..VAL.OE;·.t..LC, :RECEIV£R·: · m:~luemttm vcsn.1e. L.l-'-"" N~tt As.s.,.l V~ll.l"'- ASSETS·. CLi;rnmt A$:1teb .· . .i::IMcklngisivingi. ·:: ·:Total Poii.Y ea·nk.Aciciounta 231,305,39 .0.00 ':'231,305.39 231;305.39 WELLS FARGO BA~E,II4!5B ::. . 24$,411.24 0.00 245 .• 11 .24' 245A11.24 · Ratinim~~-~~~J.;-·LL~:. -:· 23,322-9:4 . :: 23.322.114 . , FietiroinoniValiio; LLc (Frost).: 0.00 .· .· 0,00 ..: 0.00. u,uu Total ChocklniliSavlngo ·-----:::23:-:,3:::22:::,114~ .· 501,039.57. : .. - -- --- --- -- A-c-co·u·nta Raceivl.bt8 · .~~au~ ~able._-:· .... •.. ·o.oo . 0.00 Total Acco~nta' ROcelw.bJe:c ·· ·0,00. 0.00. 0.00. other Curnnt Anebl:. · · lnii.r....,.p:,nv Cli , 673,097.37 a73,o97.3r :·.:673,097,37: :· ~ldirig..i.~an .· ~: 30,000.00: · Totallong To~~bl.l~•:·' -- ·.• iiJji) ~.. •·· foiaJLii.buliJ.,; 673,097.37 ~o;oao.aa .. · ·:· '/ 7o~.6~;-~?' :. 1,eil'e,s1e:oo •· ·... ·.· ..· .... ·.·.· .. ··. ·.·• 2,eo1 ,615.37 ·equltr .. :· ·: ::·::·::·::-.:: .. : ·:·: ::-:-: ........ ·opening Bolano 0 Equity : · 1:00o·.oo : 1,ooo:oo< 11:B44;54o,72) ·. ·1 ,643,540.72 NOt 1riooma ·> · '4B;n2:oo: .. . '.:.48,772.00 . ·: ·.DJvidond•· ·. o_oo· . . :. ::.o.oo· TotOI Equity.'. . '1;692,312.72· .· : ·'.INO:tll3·: •.- ci.oo < ·S07,ocici.oo _. · so7,6oo.oo .:"I.BL_165. _.. o:oo.•:•· ·""1B3,ooo,oo· .- ·163,ooo.oo · · Lfo1n·,. _o.oo · '· 1se:m.oo · · 1s9.ooo.oo · .. ·LFQ 591.-- d.oa:,,;: ·21l1,o6o,oo ·2!1c",ooo.oo ·_. · • OML4411 '. 0.00, . ··: 507,000.00 ·::.SLAU4: il.oo --114.ooo.oo- ., rO!ai • ea<...W co R~Ainourit owud .~ Polloi•: 0.00 ., .. -.0.00 .· .· . · ·. 0.00 ·..· .· 4,375lSO:OO ~ns rom\ U.~ciltlioii •·· ·, ,.. :- Poyo~IO .ci> ,,_.,~ . • ·: · 1)4;,639.40 ' 1,741,~39.~~ ... 1,741,639.40 __ ;: .. · ·,. ··.·.Building Loan···-· .... ··o.Oo. .· .. ou,~u.~ ··,·,·· · ·-1a·,ooa.ao --·:· rotil. Long Tomi _Liiliulll.. ·· · : 1,741,~-:: . --18,000.00 : 11:00 1,767,639.40 . ·_: ioial Uai>in~~a·- . :·1,741,639.40.' ,16,000,00 ' : 1;757,639.40" .. :·4,375,750,00" ·~·133,369:40 .•... ·. . . :'Eqully _ ·• . ·. :·- <· · :0:, · . ·:Opening llalanoe EquJtv_ .. ··. :·· · O.Oo· 1,000.00 1 ,ooo.oo .1 s.iae:&i2.~i} -· · --._-6, 108,862.07 · .··--Net InCome;···· ~.50. -119,402.56. :1_1s.sor.os:< ·· · -119,807.06 ... -. :· -:: oivkleilciS. ·· ·o.oo. ' ' o.oo. 0.00: .. ·, ·::. ~- . Toial EquJtv . -'1 Poueye..~Aocoumo .. · To1ol Pollcyia.ol<-nts· 38,1i2.5ll Q.OO 38,192.SG 38,192.5G .. Wl!u.il FA ROO BAsE:; 8419 !971J69.Hf. M!l 797,~.19 .. 797,:!119,1& . . Rg-· :·.... 397;09G.37· . 46~.662.1i 2-8,238.20- 2B;n&.2G. Olhor"""""'Ao .... "0.00 '0.00 . ···0.00 0.00. ' :ro~aro..;.:;c.irnntAO..;.: . o.oc ~···· 397,0118.37 468,962.17 ~0 'TototCUrrimiAiHis. '1,232,660.06 401,765.66 9ao,BMc4o · o.oo··: 930,814.40 . . FJM4AoMtsC. Total Fluj!Aooo:toi 0.00 1.,325.84 .14,325.84. _OthefAUm . . Pollelu :TaiBI: P.:iliciU. -1,1133,143.04. ·:,1-~iro>el· _- Tolal oihOr AsHls . · .. ;i ,i33,143.04 .{1'$,470,63. ·,-. -. :: ·., -: _-:- .. TOTALWEts :. '~u.itli:s&e~u~ · ·Uabllltlta :.. Amount ow.d at\ Potiohtt' 0.00. o.oo 0.00 · · ·• .ioo(wL·: · o.oo :17;3,000.00 ·· .. : _··113~o®.oo:: _·. AGl73L·. ·:. o~oo ··z;:s ;ooo.oo. ·· . 211 ;ooo.oo.: ·. ANII~2 : 0.00: . .1·,o41;llOO.OO·c · '' ··:1,041,000:00. AXU04·· :. o.oO:· · .-~.ooo.oo·... ·- ~1,ooo.oG .-. .. 1NUG1 ::· . 0~00 ~:- (023,'000.00 _:· ·:1,023,000.00 ::rNQIIlu':: ·· .. ·~ 129.o=-2.~ 7 ··.TolD I Llobll- · .4.121,052,17. a,ooo:oo ·.· 4;126,0~.17. O... "1.32-1,76!-~-48: 287 .7_22:f3. ..1..6.12,491.41 A.;c:oun"tli.R~Y.-bl4l!·. ··.-~~~ e~~fe· .. 0.00 .. 0.00 . 0.00 0.00 T~ ~u~m· ~eCetvabla. : · . MO :· 0.00 0.00. 0.00 ~~ulf·eiJ_~n1·~~.;.::·· ·: · .. · .. :·.. lntereompany Ctoarlng· Account aM,56s.2o .. · . ~2.$46.39. : ,,=a(· .. othet'. Cumn.t"Aiisef ·· · · :.o.oo·· o.oo: · :o.oo ·· "Tot:Bi oh!r:Ci.i.Ter,t~.:: ·· ..;......;_..;..__"'"".....-.;==·"";;;":;;·•;:.o: · ..e32,54E.3s:. · ·1,022.81.: ·roml CtJnimi.Au.et.:.: ·::··." :i!.'1'5·e:I:J:l~.i8:: ~544,823.46 ·:. :· .::1.~ta~5~4.i!·_: .·: :::-:·:·:::: .·o.'oO··.:· ... ·_1,8131 5~4.22 :·. '"FI,;er;SAQG ToO!Ifltod-. 0,00 15,ao4.S1. 15,804.81 . .15 1 804.~1 . : .. : .... ." ·... .. · : Ottler A$:M1l ·: · · PQ!Jelos·:· TOtal P~i10io. . .. f01aiOihiir~ts TOTAL ASSETS >. ·•· ~;~~~~~u~: · .. Uabllltloti • .AJoo.ufitow.!d On.f'Olk::le8. ·• ::t~~' '.· · .: ANI8112:.:. :: AXABD4:· . :. 0.00 . . o.oo · 7n~ociO.oo . : .. "146,000.00· . ·:. : · · · · .in,ooo.oo··:· ·o:oo.. · >, .755.000.tlo ... : -..:.:- 78s,ooo.oo .. ... IN0039 . . :.INaao< :::·~:~d::··... ,:. :~~~;~ci~:~~;.:·:.·, .. ::~:---~~~::::·: ... •: IN0283.• ·:· o.oo · . . · .: · ro:ooo.cio ::• .· ::63,ooo.oa·. ·, .·· LBL185. .. · :.1.F61n:: .. ·.:: L..FG!!IM::·. • ~:~~:· : ~::~~~.~~.···· . . . 5~=:···· ·.-.o:oci.. · · j;it·~.61e . o~..:-.: :-":\iH,516.00.: · LFG!io1.: .. o,ac:r-.. ·:· .. ,,_,ooo>oo ·:.:. ::.::. ::1~.ooo.oo·· · LFG7~>· 0.00 .· MMIB&O·: · ·:.o:oo··• · :.;· oML44'1 •. . ........ .. ·.:· iOtaJ.UDbmtift .. ·. . -2,000.00 .. ··:·.-~:1·~~;~-~~•.- •·· o.oci·.: . : . . :1,000,00 .. :. -1,844.19 . ·. -S2S,o1~.s6·•: .,._ .' .:• O.O(f. . .·. v ....u .;;...;;...;;...;..._;,..-;..,;;...;...;.·..;-;.:.1·::....,:::':.:;1a;:, --- --- •• ··.·····~~:ih~l~tlno·"''"'~t~ldbl~~~~·,;,."'~~·~·~·ii~.d.it.~.;;.'"'~,~.~.~;;;....,...o.,~.,.;,.,.liy·~·~~!"""''"":.·· 284  Exhlblt1F ·, ·.. ·. .. ,..,.~"""'- ... A~JUM~~ms· Not Aooot Valuo ASSETS Current AsAta cnooldn!J18av1nm• PoMoy BOni<.Accouillo . Totlii_POIIcY ea:nt:Acc1111 Current AOoel$ · ' 4~a3s.4s6.oo ·.• • 4, 110,851.97. . Fl..,dAo..,••. 0.00 23,367.04 .. 23,367.04. . 23,367.04 .. ··,. ot..•• A.Mt. :. Pollcloo ..· 9,297,942.07: (6,a.25;7as.2a)' ··2,j72,148..79 .. . 2,372, 14s.7a ~.92i;,7SS.2~ .· 2,37i,14s.7a: . TOTAL ASSETS· 14.13&,397.07 -7o.i,ru:BS. 13,432,1&1.08: -4,nsira5:21i• S,soci,365.8o · : Ulibllltk!is ~- Airia.Unt OWQd on ·Pot~ las-· · .:.o.oo . o.oo' 0.00· •. ANI B52 . . 0.00 . : 440,000.00 440,000.00 .AJcA.148·.: .0.00 . ..... 342.484,00 : · ·M2,41i4.oo · . .AXASG.4. 0.00. ': 800,000.00 . · : 6QO,OOO.OO ·.AXAaU o.oo••.: · ·,.m,oiio.oo 200,000.00 . HU814 o.oo·: .. : .·:·.·. 9;o33.oo ·a,o33.00: • .lNG 038. :·o.oo· 315,000.00 ·. .315,000.00 .ING.~01 . :o.oo: > 579,000.00 ... sr9:ooo.oo · LFG586 .' ·. ·''O.O(f '•·895,516.00: ·. 995,616.00 . · .. LFG740.'' 165,000.00 . •. 165,000.00 ·· .. ·. :LFG7B2 ·.·· . 936,740.00 : 93a,740.00 . ·J,~i'sso · 1.10,000.00 . •• Total ;'Eiii:..U.. "''Rci11Arno~nt oweC.'~n Poilclo: 4,594,773.00 ·· Long Tenn. U;ib.llfUei·.· · : P~bta_ to lnvaito~: ~:··: .·. ~~.138,054.02 ·14,138:054.0~. . ..... 14,138,054.02 ·Build in; loon' ,..,.__.;.;..;...'-:-1:-:1:,;,39:::o~A~o • :<11:i9o..oio''· '· Total Long Torin U.,blnlko• : .. _ _ _ _ _.;.;·1~1:::,3;;90:;;.4;;;.0 ..• : ·14,125,663.62: .· . . ... 0.00 ''··-· ·-;, " .. · ,··:· -_:_-· ·· 1'011t ulliuHioti · 14,138,0~.02 •.. .· -11,390.40 . ·• .,.4,i26:663.62·. · • '· . ~.5a4.77a.oo Equity : Ope.lillia·e..J•nct :e:qr..tf)l' 0.00 . 1,000.00 •. ···1,000.00 • (11.~~0,56&.28) -11,519,568.28. :· N~lncain•- ·· -1,658.95 -893,845.59 ~95.50~.~. : . .. . . .. ·. ~95;502.54 .•DMdolldo·:: .!!:22. ..• .·... o.oo ·: · ..... •. o.oo· · ·....:.c.oo. 'TOial E'quHy ·- -- ~92.845,59 .: ..... : -894,502.54• . .• - -------- ·- --- --- -- .. .. ·::_.:.·::-:: :.-.. _.::·::::..: ... • TOTAL LIABIUTIES & ~UITY ,: : :;:c··======:========== .·.• ' 1111~ •• ;.;~ ~mourrt P.ld by ih~ ~~ ......,~.. ~~d ...,;,. ~~ includo.thb omO..ilt ¢ iniOAiOt ili&t ......... ~ciu•lii oiYeil to.~ in~otoiS. 285  . TOTA~ ·: . .::.~dju·St~~~~: .> NerAs5et\i~!ue ,.. ASSETS.'· Cul"ftint AssetS c~oickinOJS.vrniio· • 'Potr~v· ~n·k =.ACe·O~nts · .. · ... -Totai PonC~ Eklnk AcCo~nta ·3,ioe,57s.:w·. 0.00 3,~0~~575.~ .. ·· .· · 3;4oe:s7S.:M .:· ..i.··.· wai.sFAiloo ~lAsE~ Ui!~ 6,395,843.!14 . .::RetJA~m~naVtiiUB~uc::-. ·: :: .. Roiin.meilt viiliia, LJ.:c (Fiooti , : TotBI Cheoklil~vlilga ·.:· ·· :.:~~~~-~~~i:~~;~·.·-:: Acco~·m. -·R~etv~bla .... ··.... 0,00 o.oo· . ~~-~-~~~·:·~~·::-:·:·:...: . ... ~ ·. 'Other ""'""'"Culftnt ' "'t.Y ~iea~nv',o=i>tint . ~t --~-...;.~...;.~..;..-...;..;::_·::;o.~oo~· ·. 2,829Po2.56:. ...."'"' ': 41.405.91'' ,. ·r.rt.1 Ott.~. co;,.ntAos.ito ·. _ _ _;..........;.;..;.;;....;.;;.,;.~··2~,8:::29;:.:::;0B:::Z;;:.W::_.' -2,787,!!86.65 ... , __ ....... .· :.··· . Total cv.nnt Ai.Gta :·: · 12,834,611.84: . .. fri.. ... 9,oo3;oo: · ·. . :Ucklng/Slvlngo =P:ofEcY. S.nk ~CcG'-¢8:·: · Toia' Policy Bilnk Acc~u~. 8,_162,039.04 .0.00 a, 162:0-ae.D.I . 8,162,039.04 6,17o,94M:i O.ilO _6,170,948.53 e; 170,948,53 ... : "MO.- .0.00 0.00 :·· ·o.oo:·. 2,189-,904."14··· 2, 189;904.14 . ._.1~---· 2,189,804."14 . ,16;522,891.71 Aoco~nta~~IY.~·. ·: AcaOUrdG Re0eiv1ible ~: TatoiAC.iuiiltO ReCel;;,;.bi~ · OU..r cuiroo>t ~: . . .. . .. lnteroompony Clearing Aoc011nt. .:4,23•i,D9U1 · ·.. _.a;17a.95 ,.. · · .. : othor c~in.o>t P.ao.t -. :: · · · · ·. o·.oo .. : .:·.:·.: o."oo · · . .ratoi ou...rr;.;,.,..;,i_A..-* ·.: 4,234,091.41" .. ".-6,773.913":"· -.,, ···- · ·rato• c"""ntASHt!l::· _:: -2.i>«,1ai.27 1e:5i4,117:is Rxod~_.-· timol ,. ••••o ..:c. 0.00 oilier Aahi$ .: p~~~~~·~ ::: . .TOTAL ASSETS· i.lliau::mes & EQUITY: .·_. UabiiiUoo 'Amoiitii O..W.i on Policloo ·o.oo · · '· ANI52i :o.oo : :: :1ao,ooo.60 : . 130,ooo.oo.- AXA8:is n.oa·:: 2oo,ooo.oo. . •2oo,ooo.oo · I!U814: o·.M ·· · ·:: · -9,033.oO · :.·...... :.--e,oaa.oo .LI'GOOB:: .- o.oo "· _. 749,oi9.oo :· · 749,oi9.oo .. _.LfG.11i:i · wali9 -SLA338 .. Ti,i;.l. Eao;,;.;. IG R.Otikii~iij,j owed ~n Poii'cioo _-0.00. · L.Dag' To,;; (i;;~11iii.i~ .': : . 37;558,451.78 .. : 37,558,451._78 .. 37,558,451,78 . :auildlng i..oiln_ . ·:,·: : T.... l UObltllhl~- : ·11,380.40 . EquiiY -:.----· .::: ::.:,_ .>::· ·q,;,~a ei;;1anco EqunY 0.00 : _1,000,00_ . "'20,070, 267.78 .-.. N~ Income : · .'1,954:'8 '1,1G9,_47Q.Q7._:_ ~i.2o1,434.4s •- · · tnvidGndc · · ·. -Boo.ooo.ca· · · ·Total Eq•lly--. : ·22,071,702.23 :·. -· .. :. ...... ··.:..... . .. ~~AL UABUJTIES ~- E~Ji~ > .· 1s,478,15MS·-:: ·'': . --~-~ ;. -~.':: · · =· _ ~ ~ -~~~-~ · ia.~~ ~~~~-~ -~~~:b~ ~- i~rt~~:~- a~_d:·~~: ~~~ _i.nciU~-=h-. &~aunt .Dr.1nt8Ris!· that ·was· cOittra~~any ~-d ·t~ the -~nVe~r5~ · 287  .:-;-: 'ExhU:ilf 11. ' t>~et Aioet Vol•• ASSETS Curro;;.~:· ci.oc-1niifsov1"9" .. . . ·: :. Poncy.lkiik.Acoounto ·Toiai POU~y Blnk ·Acco-..nb · ,12,957,000..49 ·D.OD 12,957,ooa.4a . ·.::12,957;iiio.49 ~IU ~~!,~Ei~s~-~9 · .2.534,331.41 . . RO.iremonl Vallie; Li.c .:' .. · 0.00 . ~~--~-... . -~~~·=·:: . :Rollroi!Hlnt.VIIua; U.C (F1'081l TObil ~hio~lnllfSavtligo . .· kco~.~ ~•.;,~~~~ ·· _::-ACOGU'* Rac8tvab~: · ·.:· . ;0,00 . Totil AccOUntl Ruei\riibkt :· _ 0.00 ·. ··-·...-·".-":'.-:· __ -,;.-:_: ::· · OtheicUm.~t ~- · ·_ :.~~~am,-:nYc~~gAcCOUrit'_·-: · : s:oo1;41 ri.33 -6,009,591 )4 ·· Ouia~cum.nt~·. : · · . 0.00 . 20,193.89 ..tOt.l :biha~_Cum.m ~---·;.· · ~·· . ',.6.989,407.26 -:_-' ,·- · · ht1U'I.I..r,ug U,UII•. .- · .- 1 ol 1UU.J.UO .Total Cuninit.Aoioei&· ·:21 .492. 772'.:i3 ·· ·5,s67~3ao.~1 ··15,935,411.72 .· '·FI~od~ :·. To!OI Fliced hoB;ed75:cici . : · .• :.: e2,275.oo . o:ciQ '-' •·· 45e,885.oO ' 456.a85.oo ·=·-.·= .................. . . <~~:~~-00 .... .·E~-~~~;.~ BOia~~,e~~~ ::·NotlncoinO·.. · ·· 1,000.00 . ·.: -Tli~¥~:::~ :·. 288  .... '"' ~,...... ·.. Adj~~-en-1~ NetA$.9eiV8tu8 .ASSETS . ··Current AsHti Ch.. klniJ/Savlngo · ·· ... Polley Bank ~counts· ·TotO I ~~iioy .ll. 0.00 FIJ·: . o.ocf · · si2;41o.Oii • '612.410.00.:. LFGm··· . :.• o:oo ·. ··:: ).ia,il72'.o( · ·. 746,072.00·. Wi99. '· 0.00 . >47,675.00 . . '47,875,00. ·::pu1~" ·• o:oo· ' :.:ssa:i•a.iio ·: : 56o;113.00 . , :: Total ' Esorow lo lleiiAinoont Owed on l'ollol"' .. · ·. 0.00 .: 4,114<1;162.00 .. 4,8112,892.18 : .·. . ·c··o"··' .·.· . . :. lo·nD:Turfil W•tillldit.l.· · Papbll:_~)n~~torl.··• 56,477,651.76 . . 56,477,651,78 --··· Building i.Oan ;...;_...;.;_...;.;__...;.;;...;.;.;,;.,.,;,..,·,.;o;;;··oo;;.··· . ... l,,.,.... 'lf,,lil- ''417.1'409~18''.. ··4ir.40s.is .. )~1a1 Lon~ Tenn Lk.Jimu~~ /· . '56,477,65U6· · 417,409,18·:.. 56,6ii5,oeo.ss.. o.oo• . 56,895,oeo.96 .. , · ~..Ui~iabHittoo ' 58,471,851.78 . ·.: 436',_11~;36 ... ::~~-~~:ij·~~-~~~- .: ·-: ·.:~·~·182.00'. ::::: 6:1:,;-~;-.~~;.1-4: :· · : ... Equity·· c __Ret1J!I~d ~_mlngt~:·:-: -'1,453,223.31 --1,453,469.06 :: :{33,639',800.55) . .;!8,293,269.60. . NattnC.Ome,:· . -531,023.38. ..;528,943.76 .. : .•••. ·. · .. -52S,943)5c'. .. Dlvidandii . . ·270,000.00, ::·:. ,-270,000.00:, .. .•• -270,000.00 .... : Tobol Eq~Jii,' -5.254.248,69' . .: ....-5,252;432.60 ' .·.33,639,800.55 .. ............................ :rorAL i.iilstunEs i. EQunY ' :lie;i79;«6.t7 ' 4;8i8.i:i7:33 > :si.t~1;j~~.34 · :~i.i~;8te.~: .·.·', ·. . .. . . ·,·. . . . . . . . .. . .. . •... ·#: ' . . . . . · • • nils \s thO omo~nt pold ~y lho ln~oiOfS a[ui i10..~ nC)IIn~lu~ ih~ .•inounl iit lnte,;..t tho I~· -~~irioeiuillyo~ io !lie lnwator'i: ·.. 289  . Net.Asset Valuo ts,m,793.2T 290  Exhibit 1L. . ·.·.··: :· .... ·. .. . . MarC:h 31, 2010 · ·· .... ·.· ·• ..• .. New' RETIREMENT VALUE, LLC, RECEIVER · :·. Retirement Value, LLC·. AdjUstments Net Asset Value .. ASSETS · Curnnt Asoets .. ChecklnliJsavlnga ··Pollcy·Bonk Aci:ourno · Total Polley Bank AccoUnts.· 20,919,930.17. 0.00 20,919,930:17 ••. 20,919,930.17 . WELLS FARGO BASE • 8459 4.5ss,aa9.42 o.oo· · · 4,ssa;s09A2 • 4,556,609.42 . FCB :. Chacklng·' 0382. · 0.00 M,985.00 : 2~,985:00 . 24,985.00 Chase.'. Chocking ·. . 0.00 342,000.00 . 342,000.00.. . 342;000.00 Merchant Account > . ·· 0.00. 944.63 .. .. 944.63 944.83.' Rell1'9meirt Value,: I.LC {Fro•tl 0.00 165,632.63 Tm.J· ChaciUnta Receivable · .o.oo .Other cUmnt As. .ita. ···ln..rcompany Clearing Actount •· ·1o, a1s;o7o.2s Olhar curnnt Aso;..; . . . · 0.00· . . .. :.• . . . . . . '.. . ·Total Other Cumin! Asaeta . 10,315,070~25 . ·-·---.~~.-- •' • , I , • , . Totai Current Asaeis . :' 35,791 ,iloe.84• 25,987,030.24 . . . FJ•id Asaelli . Total :FJ.ed AsoatB · o.oo· . . 869,950.2·i . .. . ' ·Other Asoetii Policies• . 1,ooo,ooo:oo: ··.:._.:·_::·_·_·;·::· . '':'..".".." . . . Total Pollclea:. . 1,000,000.00 r ·, ' . . . .. . ,· TOtal other Asioeta • : •+i,li22;36iuis ·< .. ···· ......... ···.·. •'•'••••••c•• ',,,• •• •• c • .• TOTA~ ASSETS •. 7f,6n;»u& · . . .·. ·LiAa•i.rnes , EQLirtY. . .,· . ·. ··. .:. Uabtiltlos. AiP.& Amount ow..,j on Pollcln :: . 11t:s6o.ob ·· 2,743,355.51. ·'Total· eei:niw to RotiAinount 6w..,j·ori Pollcle1 117,500.00 2,74i;365.51 .. .o:oo 2,743~355.51 ... · ·, ;: · I.Oii9 riirm Uablnu;;. ··:.Payable 10 1nV.sto111 ~ • .76,963,963,08 76,eli3;ii63.08 . 7S,983;00.3~0B ·,. ·.· ·. . . . ·· . . . . · .. ·.. · . ...____....~~;.;·~;:;·4~·.;·;,;;·~;.~ . . . 4ie;21s.43 - . ••..:. ....o~H"' ... ...77,400;176>51 TOtal UabllltiGa' . ·.. 79;809,618:69 . ·s3:i,713.43 >< oo,1~3:s:12:o2 · Equity Reia1noid Eiiriilngio ·265.74 : -4,453,223.31 :. -4,4fi3.469:05 . (40,171,479.32) -44,s24,e6!b7 •· .Net lncomo 4,615.05 -1,423,675.67 : : "1,4.19,260.52···...•. :. . -1,419,260.62 Olvli:iends. .o.oo : ~2;iier,443:i5 •.2,5ei,443:76 •··· . ·-2;~91,443.76·. TOtal EquJtir .· ~··. · · :-a,4B4,193;43: ... -40,171,479.3L .TOTAL UABIUTIES &. EQUITY . :;_-~.,~~~~.EIH.3':/:: .. .---:71;879~33~~-~~- ::·:· ::·~7:17~-;47~.;:~ ·· ·· · v~o~nu t .. ., ..... ~ ,, .. ······, ·.···-····-·. ... .. .. . ... .. .... . ............. ···,· ...... .- .. ··,··, ,. .. . • Thlio It tile aniouirt paid iiii ':h• in~~~to.ni iind ~oiis nOt InClude the amount of lnlemt_lhat was. contractUiilly owed to the lnvas!Ors, .· · 291  Exh.lbtt2; .• : :; .. ·: :: :·: ·: ·. _,·: ·. ~ ·: ... ::· ": :::. ·: .. ": ; .. . :- :· ~:: : ·. RV·~~ .. ·... ~ ~ \ ~FlJ~~L .~ ' . ..: ~1~ ~J ·:_ ::_ ·: · :· ~o~~~i~~~ ..· .. ·-·::.·· : .. ··.: PnW~&Loss ·· ·: llu"ti·~·Mar·ta·: : ·o-~ooo.;.:;..,..... ~-.:·.· ·:.:.·~~--- -:~3-t...oo .. .. :: .. iM)Sllka·. i&o~. .. ·· :::;::::. ~ ~.n.Ston lncom9. ·; :o.oo· ··:2.~~- . ~~Gc;,a.·~:: . ·····:~~~-~.:it::.·· w~.....,._ . .••,;..w~ •.... ·-T~~­ -~~· ._ .......... ...... -~! ·-- :-~~~:~~- -~ ............. .,.k~~~ ~~C~Gtft!~- ......... ~- ·. 13,532.10 : 55J:.519_'1~ .. . 13,582.10 "553,579.17 .. ·.·::.:<~:~;~:;~::: ··-1:7!!-1:71 4,.S80JtS .. -~- 0.00 . ··.. o.oo. · .o.oo· · _o:oo: :·:, ·:: :- :- ·_ o:Oii .:··<3:5~~o:: -·~;liN.17 ·: · :.o.Oa ,-. · -~~.i.M.:i-1. · :-~ :.-~1,7&1_71·:·::·· -· :4.~.0s · ...• :m:..~. . ··.::o.~ ·-~---~~~; .... . : . .::. :. -: :~;ooo.~~ :: ·: ·. 11:oo·· .:'.,: ~~~-~: ·__ · .. :.~"'!;/> . sa.~-~0. ....... ·1}.00 >. ·::; :_:·:::~-~;~::: . .-:~ :.· ·..· .. ::C&mi:Giftli· ... : .::_.~-:.::: ~~~::::: . . "25_5J)o":' ·~' · : ·;J-_oo·_·: · · .· ·255.00 ----~~~-~-~~:· ...... ~3.~-91 ·. 3S:B2:t0i_: '-:~-~3:0;1:·.· ~.,......... -<~~ . - .· . ·cM>,438 ... ::<~:::· ~. -:-_-:-~:w.~·:::··:·:·.·. ... ·~,;; . ·. o:oo·· . ...:.::: .:1o5,~3..15" :: 105,-5~15". ·:~·ce"Ei:-~ ·: ·4,500_49 -~. . 4,580.49 .:<~:~~~-~- . : ~:~~-~-: ': ;7.5~,65': .. 7,.52a..eli5 .. : 0.00 . :. _7.~2~~(>- : ' . -Muvbtgi~.. :_. ~.61.7"-F/ ._-.1,61_7~"'.' .. 000 1,817.57 :~~·: ..58~~~:es 58S;i2M2 .. · :-49,UJ7.l7 : -1,~.74_ ... ·o_oo::: . -~::-·1.~U.r~: - 35,2213.62 . ·4~,,~-~7-: -~IEJI:f"PM" _.fl-,739~ :·: 0.00 .47.)"39..84 ··--:~:.: :::~~~::_.·;:. 5,4M27 ... -:.rOtd tt.edl ·ciOO .. -i-~~:: .;..,.,..~~'"" ~-~,71:it.9l ... _;;.,.;...;.;..;;;::::::::;:.:. Net~~: Net.~- .!i,14e.1!U7 ··-::-~~-~~~~~~~ ':.-'" ·3-,0~.4~.~ -: ·. Plus:. -~.;,.,d.j~ --:~,-~-~~-:· ~.500.(10 . . -~~Bwhunu"bn~ ' -2~-~u_ia~ ·:·~--~1:4~:::· eo.;,...,~· .' --~--~.8~-- '"3.4,1!00.:35 . Fumtti.Jre·· ·: · ··., ..· ~-~~~1: ·:7.775.71 ' ·. -·:~.7-~1: . 7,775.78 . ·., ~ ·:5.~S~-~:-: ::-·. . ·::~:·~~-:_.·. . ... · · ··s,s.~.2G. :· . · : :- -:: ·-115,500.(H~ ·:: :. :_.ca~EIUI!ittoio'-""" ·~ .,.,;,;.:'·' .. ':~.:01~.~~~-:: ·... :-·:29.Q,~;io6.~ .. ·..· .:.· :::.·POOcyeo*:~~-: PtJfil:lllS:~~-FHS,. , i,707,l'l65.s2 . ·: ;_: _·,·,,.~r:Oait:si'-: ::-.:: _,,.,1iiu.~S.~.:.- ·.. : :::;:t.,,OO:sa-s.~7.:· · ····.::HJI·~~·:··. . . ·>:·{1i5~iJo:· ::- .· : ·: : . ·.. -~~-~15.~.25 : ·:.: : ": :: :_ :- ~~~~~:: : . : .. :;:~~~:~~·:_: .·. :i.:~~~-. ~:;:. 76,963,963.0! ' : ~ : : . :_: : :- : 78~~,983.08 :c~~~lnv-rs~lb~Pr.~~q~~~,·~: .:.. ,_:· :·· ·::: ;;· . : ..~IJ~-~~:~.·· -~~-y.~--:~:~:~ ·-·"'·· ... .-::_\·1~.-5~.00 ;_. .::;~f:~--· :·. :_ ;~:f~~ : ·. _· n.OO . i17,500.00 . Cash~~.,e.n~ : ~.900.1"-ll!!" .: ·.{l-_00" . . ' : ;,000~00- ~~~BuM~- Loan - ...~zo.~-~- . 0 ~0 . ; : ~2o,oo0.(Jo -~jM;tt·~~~-~ . ·-79,GZ9.-e7 '. :·:-7~-~·.B!.:: :.:-; . ca~~ri-a.;.·~- _ :3~~1~.00' . 5,774/il·.-. LeSs: 'cad.~ hand: id 1'l1110 · · · .:s.il.5Q~e= . ~70,-978.33" :-~ o~-~~.-20·1~.~~~-~~1al·~~~~~ --~~~-~M~: .:.:··.. -~-.~--. .. .. :":-~~--:--·· 292  .·.Elt ·. o~~:d : .. Eliz~beth •. WendyL Bruce tolllns : .· ·Porter Licensees· mloilfOiegon ·Gray':: ··;· : Grai(: .·Rogers ::tolllns Mktg. :. ·:·~·~rw~~Dr"1~: .:",_.:,'09;:Mar ;o··· ··M·~ ~-~·M., 1·0<· ... Mii~.;~--~·M:i..t ,Q -::· Mliw·'M~ M:ar 'lO : . Mai ~g ~:M.lr 1.0 .· .:·MIIit-og:~ M;;_r1o .. ··ExPi:tnH·· · :Agen• e:xP."·nu.- _:·.~.5~~-~~-- . 25,000.00 PayraiiElipM~ -~'~·~··,.~ ·· 15<.4.7s.sa· ··: Toti1 E.p.nacl:. . .15.~75.00 _0.00 . ·. . ,..··.·.· ... --:-.;-:--.-...... ··r.Dtai:dl•bUr~n1DntD~om.in~-~m.·~;--: 1M75:a3 · ·MO· 10.00\i.ilo. ·1.81;727.97 . 27,06J.j3 :· ,·. ·:32{4.21:92.. . 40, i21.40 .110,440.95 ~t50MO :PIUil .:Patley ~ta: - Pu,·onaH ~100: :. 2B,892:Dir.2<00 cammlulan• and F~. · . 31,245.t1 :~·.. ::1.-~0.0~- -tt,~o:oo · =·. s13~1~9.88 '·.·IJNkfa.i"-· . . . . . . ·· . . -:·. ·... ·. . ·. ·. . 2,065,700.00 . . ~ .. . . ·= . Totor.l. :Oitbutt•m~t dur1~g1:h• parlocl .·:. ·· 2,276,674-~6· . . .. :<: ": ,: ·, ...... > .: :·_,_·_· 293  LLP Forensics & Valuation Services .Division T. odd is a Partner with BKD' s Forensic~ & Valuation · . Services division. He provides busines~ valuation, forensic accounting, bankruptcy and litigation support services, including serving as ari expertwitness. In adqition tO being a CPA, Todd is accredited as an ABV (Accredited in Business Vabiatiori), as .an ASA (Accredited · · Seni~r Appraiser), an~ as a CFF(Certified in Financial Forensics). · .. , .• . · · · · · · ;_.: ·.. _·;· He has ~ore thari twenty years ofexperierice providing. cliellt solutions in consulting~ accounting, an(j ~ax matters~ He has perfol1lled business valuations for a variety of pmposes in9hiding gift and estate tax, business planning; successionplruming, dispute resolution and for scilven'cy Forensic$ &V~luation purposes in bankruptCy~ • ·· servic:es San Antonio Todd is experienced in providing ~:Xpert testimcinyand his Phone: ·• 21().268.1932 assistance With litigationrnauers includesforensic Fax: 210;249.9882 investigations, reconstruction of financial reoords, tracing ~burchE!tt@bkd.com ·· of transactions, financial analysis (inch.lding cost . allocations), damages analysis and vah.lations in . shareholder disputes, intellectual property dispute's; breach of contract disputes~ lost income calcul~tions, and a~lysis for solvency and preference claims in bankruptcy. Todd is a member ofth~ knerican Institute of Certified Public Acco1n1huits (AI CPA) where he has served on the a Business Valuations Coll1Il1.ittee. He is also member of th~ American S~cieiY of Appraisers and seryes. on ASA' s Iriteniational Board of Exa:IIliners. lie ha5 'made numerous or;d presenfatiohs oiif6rerisi'c aJ}alysis lind valuatit:ln'Jr' .. bl.lsinesses to various_ professional organi.zations. , ' .. :·_:··. 294  BKD, LLP .Forensics & Valuation Services Division .. . . ; Professional Certifications • Certified Public Accountant--: Oklahoma - 1992, Texas - 1993 • Series 6 arid Series 63 secmirles license - Texas 1996 - 1999 • Accredited in Business Val~ation- American In~titute of Certified Public · Accountants Accreditatioll---2002 • · · · · · ·· · · · ·· ·- • Accredi~dSeniqr Appi~is~~ .-;· knerican s'o-~1ety ()f Appraisers~ 2005 • Certified in Fitiancial F~rensics -American InstitUte of Certified Public Accountants ·. Accreditation~- 2.008 .·• _ Education : ·. .· ·. • Graduated Oral Roberts University with aBS in Accounting 1986_ • American Institute of Certified Public Accountant~: Business Valuation Training CourSes · · • Numerous continuing education courses related to taxation, accounting, business valuation, finanCial analysis and_litigation support Professional, Civic, and Other Activities • American Institute of Certified Public Accountants ABV Examination Review: Taskforce -Member 2004, 2005 BV/FLS Editorial Advisory - Board Member 2006 - 2007 Forensic and Vah.iatiori Services (FVS) -:- Section Member - Business ValuationsCcimmittee 2007-2010 · · • American Sod~ty rifAppn1isers _ ASA lntcinatioluilBoard ofExaniiners . _ __, .·Bt~si#e~~ V~l~ti()n ~?Lallliner -. 2007 ~ _2~ F _. Sari Aritoi1i6Chapter of Anietican Society of Appraisers - - - seeretary - 2004 - 2006 ·. ·· ·· ··· ·- · President~ 2006 ~ 2012 · - Adv~ced,)3~sine~s V~luatiofi Conference Committee'- 2013 >' • Texas Society ofCertifiedPubHcAcc'ountants ··Business ValuatiotVfrirensic & Litig~tion Services Committee · . Board Member 2003 .:. 2009 · ·· -•· T~skForee Chairman. for the AI CPA Proposed Statement on ·• . Standards for Valuation Services . • San Arttonio ChapterofTe~~ SoCietY of Certified Public Acctiuritants. YoungCPATaskForc~~Membei-1999--:--2003 = · . Key Person· fm Public Affairs Conimittee - 2001 ~ 2004 ·-. Membership Coljnnittee - ·1999 - 2003 ·· ·· • PKF . North'·. American . . . ·'·.. ·: ;- NetWork- ·' . . '· -. . . . Legal ' . -. Servi~es. and. . Valuation ' . ·. ~ .. ' .. Committee -:- . .. 2008 - - - - ' ;_. :_ . ~ ~ .. ·:- - ·' ·; ··:. ;; 295  BKD, LLP Forensics & Valuation Seivices Division . .. . . ~ . . . s. Todd Burchett· . . .. _, - . ' . .. .. . .. . - .. -:;··.· ' . Professiorial, Civic, and Other Activities, cont. ..• ~ :: _·. ·::, : . : : . . : .. oung Profe~~ionals -Member- 1;99 to 2004 San Antonio Estate Planner5 Council - Member . • .San Antonio Youth Literacy - T~easiire;, Board Member 2002 to 2004 • AssoCiation of Certified Fraud Examiners ~ Member : . ·. ~~;r~~ti~·:Zt~~::!f£:,~~~~1:~embef· . -~ . : :' Select P1.1bli~atioris &Presentations Publications • "Forwarcl-[,ooking Approach to Business Can Help Owner Build Value" San Antonio Businesidournal, April 14, 2003 • "Power of the Telephoner• National Litigation Consultants' Review, January 2004 · · · ·· · · · · · . . . . : . • ''New Standards Offer BenchiTiark for Placing Value onBusinesses" San Antonio Business Journ~I.June 18, :2oo4 ··. • "Use of Subs~quentEvents to Verify the Valuation Conclusion (Okerlund & Noble)" Valuation Forurri~ 4th issue • Contributed to "The Widening and Changing Scope of Valuation Services" Practical Accountant: June 2005 · · · · · · · •·• ''Dema~d for ValtiitionSenrices Rising~ ;iotession Matures;' .... San i\fitOI1io J3ilsiness Jo\lrmilApri17, 290.6 . •. · · · .: -~. • "Theft, O.b~cured by Details, C~ be Detected by Forensic Accounting'~ .. San Antonio B1lsilless Journal, OCtober 3, 2008 · : '·.: ·_,· ... ·. . . . : -:_ .: . . ·:.·.·_· . : . :. • "Contingent Claims 'so'tvency An;:tl;sis; A Kno~ Defective Product; Claims arid UnloJown, but~robablt;", AmericanBdrAssociation Ba~otcy Litigation, •.·· · Winter 2011, Vol.}6, No.2 .• · · . ':'.: : . . _·.· '~. ' .·. '. -. . . ' : : ·.. ,'. . : ' '_ • "Contingent Claims and Solvency Analysis Part II",·American S~ries B~ Association Ballkruptcy&~ ln_~olvency Litigation, Spring 2011, Vol. 16, No.3 296  BKD, LLP Forensics & Valuation Services Division S. Todd Burchett • "Contingent Claims, and Solvency Analysis Series Part III'', American Bar Association Bankruptcy Litigation. Su:nirner 2011, Vol. 16, No.4 • "Contingent Claims and Solvency Analysis Series Part IV", American Bar Association Bankruptcy Litigation, Fall2011, Vol. 17, No. 1 Presentations ~ • ''MeasurlngFirm Pl"ofitability" presentedto the Associ~tio~ of Legal Administrators, Aprill~, 2001 • "Questions You Need Answers To In Business Valuation" presented to the Texas College for Judicial Studie,s, May 23,2002 • "Personal vs. Business Goodwill: How Do You Separate the Two?" presented to the 2002 Judicial Section Annual Conference, August27, 2002 . . • "Consideration ~nd Examination of Fraud and SAS 99" presented to the A&A Group of The Hanke Group, November22, 2002 • "Issues Involved in the Valuation of a Medical Practice" presented to the San Antonio Medical Managers, April 16, 2003 • "Fundamentals of Business Valuation" presented to the staff of The Hanke Group, May 15, 2003 · • "Fundamentals ofBusitiess Valuation II" presented to the staff of The Hanke Group; June 2, 2003. - • "Summary of Revenue Rulings in Business Valuation" presented to the. staff of TheH~nike Group, June'4; 2003 · · · · . . - • "Multi-Tier Discounting in Larg~ Estates" presented to the staff of The Hanke Group, November 12,2003 · • · · "Issues Involved in the Valuation of a Dental Practice" presented to the DentaJ Residents of the University o( Texas Health Science Center, Febru,ary 2, 2004, Jantiary26, 2oos, March h 2006, October 4, 2011 · - · • "Business Valuation Overview" presented to the staff of The Hanke Group, January 13, 2006 .. ·-. · 297 S. Todd Burche# • "Key Benchmarking Metrics for Law Practices" presented to Association of Legal Administrators, March 16, 2006 - • "Buy Sell Agreements and Their Influence on Value" presented to San Antonio Young Lawyers,· July 19, 2006 _ - _ ··. . . .- . - . . . . . . ' • "Working with Valuation An~lysts & Forensic AccoUntants in Yo{.r Law Prac4ce" presente~ to Larigley &Bariac( InG., May i 7, 20,07 - • "Fundamentals ~fBusiness Valuation" present~d to the staff of The Hanke Group, _ August 24, 2007 · - - • "A Guide for Reviewing Business Appraisal Reports" presented at the 2008 Texas College for Judicial Studies, specialized judicial education and training provided by t11e Texas Center for the Judiciary, April18, 2008 • "AICPA Statement on Standards for Valuation Services No.1" presented for the San Antonio Chapter of CPA's, May 28, 2008 _ • "Data Analysis and Mining for Preference Claims" presented to the San Antonio BankrUptcy Bar, July 22, 2008 • "The Application of Discounts and Premiums'' presented at the 2008 San Antonio CPA Society CPE Symposium, August 12,2008 • "Forensic Accotmting" presented to the University ofTexas at San Antonio, _DepartJrient oflnformation Systems & Technology Management, Master's Program, April28, 2009 - - - - - . ,:· • -"Demystifying Financial State111ents" presented to the- San Antonio Bar Association District cclllri:S Committee, Septerilber2, 2010 · • "Surviving a Daubert Challenge: A Financial Expert's Perspective" presented to Andrews Kurth, LLP's Austin office, Octoberl2,2010 • "Lost Profits or Lost Business Value - R01lJ1d Peg in a Square Hole?" presented as part,ofBKD ForensicsJnstitute, October n, 2010 • _"Daubert Challenges of Financial Experts" presented to Kane Russell Coleman & Logan, P.C., November 16,2010 - - 298  LLP ForensiCs & Valuation Services Division .~ : . s. Todd Burchett • "Daub~rt Challenges of Financial Experts" presented to Diamond McCarthy, LLP, Novemberl6, 2010 · · • "Daubert Challenges of Financial Experts" presented to Hohmann, Taube & SUmmers,LLP, February 17, .2011 •• • ., c • .. • . ~'Daubl!rt'Challenges o{Fina{ldal Experts" pres~nted to.Cokinos, B~sieil & Yo\mg:, February2~,2o·u ·· · · • · ·. -:·-:: • "Daubert Chall~nges ofFinan~i~l E~pertS'~ presented t~ Baker Ho.~tetler, March 10,2011 ' ' ' ' • "Daubert Challenges ofFinancial Experts" presented to Hiersche, Hayward, Drakeley & Urbach, P.C., March 23, 2011 • "Reviewing the Expert's Report: Top Five Questions for the Business Appraiser" presented:as part ofBKD Forensics Institute, April27, 2011 • "Behind the Nurilbers- What Every Lawyer Should Know About Financial Statements" presented to Andrews Myers, P.C., September 7, 2011 • "Internal Fraud & Embezzlement: Schemes & Scams in an Economic Downturn" presented to Comerica Treasury Management Forum, September 20 and 22, 2011 • ."Business Vah,tation Basics- What you don't know CAN hurt you" presented to the Wealth Planners and Wealth Advisors ·ofBKD, LLP; September 29-30, 2011 • "Behind .the Numbers --:what E~ery LawJer Sh~uld Kpow AIJout financial . · . -: ·, Statements" pre~entedto Friedman & Feiger, LLP, October 18, 20i 1 ,·' • "Internal Fraud & Embezzlement: Schemes & .Scams in an Economici~owntum" presented to 'fheDavis Group, December 19, 2011 . • "IntemalFraud & Embezzlement: Schemes & Scams in an Economic Downturn" presented to San Antonio Chapter oflnstitute oflnternalAuditors and San ·Antonio Chapter ofiSACA (formerly the Information Systems Audit and Control Assoch:ttion), January 11, ,2Cll2 · • "Investigations of Fraud Schemes in an Econo:rilic Downturn" presented to the - South/Central Texas Chapter of the AssoCiation of Corporate Counsel, Febn.iary 8, 2012 . .. ' . .. . 299  BKD, LLP Forensics & Valuation Services Division s. TocldBurcttett • "A Perfect Storm- Estate Planning Strategies for High Net Worth Individuals'' ·presented to clients and advisers of the firm, March 1~ 2012 • "Internal Fraud & Embezzlement: Schemes & Scams in an Economic Downturn" presented to Locke Lord, LLP- Dallas· Office, Marc~ 28, 2012 . ·• "The Ht:aitqcare Seminar:· H~w. to Preyent,' Q~ter and Detect Fraud in Your . Pradi~e'\ pr~s~11teci,to fiiedical professionals, :March 28, 2012 ···· ,. ·,·· . . '- . • "ReviewingtheExperCs Report: Top Five Questi~ns fm the Business Appraiser" presented to 2012 Texas College for Judicial Studies, April11, 2012 • "Dau~ert Challenges of Financial Experts" presented to SNR Denton, August 15, 2012 • "Cash Management and Fraud Prevention" presented to Education Service Center Region 15, November 15,2012 • . "Data Mining & •Continuous Auditing" presented to The Austin Area Chaptt:r of The Association of Certified Fraud Examiners, December 5, 2012 . -: .. ~ .. - - ~ 300  • • • • I ·. IN FORMA noN cONCERNING S. TODDBURC~Errs tESti~ONY• ..•• •·. •..• BY DEPOSITION OR TRIAL •- •· .. . . Cause No. 1999-Sto~~. GeorQe .Dempsey J. Prappas, 'and' Fred J. Tuthill;: in the 152nd ::Judicial District, bistricit ·court of Harris ·.. Ingram, ul, et"al.ivs BuUer Binion, LLP, sfeven J aausen, ••.•• •····· . Couht;',Texas 7'Deposition · · · · ·· ·· · ·· · - - · ·· · · ·· · ··· · · ·- . cause· No.· 2oo2-~R~20~~.- The st~t~ •bfT~~~s·· Js. G~o~ge wa~~n Districttburt, Bex;at County Criminal District court, Texas ?'"Trial : : ·.._. :~· : :· ~ ' .. . . . ·~ ...: .-_:• · -·· ••• -_ -_ .~~u;~~N~~e~~E~~t~~j~ci~ruot~ ~~~W,· ~:~!!rdi~{ar·;~T;ako. C1e~nin~g: ty~te~s.: :~"7:; .•-et:~L~:w:•• .·.:_. .. . .. : : ~ .. :; . _ caus~ NcL FMfdsoss,john _1\sh~r ThQmpson, Jr. and-Susan luigs Tho~ps()n ·arid •in the' ..·· · ·: lnten:!stof John Asher Jh_ornpson,•lll, AMinor Child, i[l: th~ 261st Pil)tdct ·Court,'Ttavis County; Texas''-:-Trial < · ··.. · ·: > : - . ..Calise No. 2004~CI-OS640, Jacqueline p. Tavera vs. ¢arell1ark, .Inc.; Choic~point Business alid . .. Government Services, Inc,; ¢oncentra, Inc;; and Michael J. Trolley, in -the 166th District Court; ' s~xar¢ourlt}',J¢xas --trial · · ------- ··-· · - · ·--------·---------· ·--·- ·.------ · ·.. · · ·.-.--.---.--..--·- ··..-- · ·· ·. ··-· · ·- · ··- · : ;" ··~ : . ' . : . ·. :" .: .· ; : :~ : . : : ·. . ..., .· ·. :". : ·: : .·: ·.~ -~ ·... : . .c:ause No~ '2oo5~CI-OS22B', In the 'Matt~r of the Marriage of Martha :c. Batchelor and Kelin~th .. .B~tthelor alld In the lnterest .·of Kendall: 'Lauren: Batchelor;~ in the. 4dB!h ·JudiCial District:- Court .:. · B¢xarCounty;Te>Cas~Trlal'' ·-· ·- ·--· ·· ·-·- · ·· · ·· · ··· ·- · ·· ·· ·· ·· · ·· · ·· · ·· · · · ·- · · ·· ....·g~de10NJnl~m.~~~~.o~:i~~~ri~·. Martin ll~ el al.; in the'z42~.Di~ricl •• •• • •• • • • •• • -· • "J" • • : : ·: : • •• :· •• ::·.. :::: ~ .; •• !·:. >= . : : ': ::..:·' : :" ·~~ ~~-~ . : .. . ~· .. ·- - •- ~;~;~~ct~.~ ~~!;;g~~~r~~ ~: ~=~~2~~:n~~n~i~~~~~~~;ci~~e~i. 1n~~~t~~r;:t~t~~ :·__ -.- · States District Crii.irt, Eastern-District of 8 · ;;;.: De'p_osition :· : •· _ ··· · · · •.:.··.•• • • · _:_. • Texa~. M~,r~hall Di~isioh 5 Aniencan ,Arbitratioll Assqciati6n, FaUr~er~~A, l.P ~.D~positiW · · No. '70 '11'(): v:oo2a3 07, aonds_& Assqdates: Inc. ,v. · · ···.·.··•··· .• . ..•.. > { i .:. :- .:·.:: :·; .. .· : :_ .· : . :. . . :::: LastUpdated ~:s/2312o1i .•. _:: . ·. . , 301 302 303 304  . .. . .. . .. ··~ . EXHIBIT .. : ~· ..· C--\ 305  RETIREMENT VALUE, LLC ; KPKF Books ·· Payments to Licensee Defendants •·Marc:h %0011 throuyh MQI'Ch Z010 · D., Nu., c.... tt ·:G.auq.Mt FltJ«nCilll Groupr lnc. . . . .. .. .. . ""'"" ~~nl .ap~~~ . D;P PovloktNL 177 WELLS FARGO BI\$E, IHiiS 1,6.25.0<1. .... ~75.00 Choolt · · ·112112009 : · .. 1208 · Gall•lihor Floanolol Group, 100. Commlnlan i>V' Povio~AGL IJL WEllS FAAGO SASE' &1!1:9 1,5.25.00·· :.3,260.00 Check. .. ·. 7129-J200:S.. 1208. Gallagher F1t111ndsl Group, In~. Comml$!l'oo . . .AP Pavlo~ lBL 165 . WELLS FAAGO BI\$E' e.liiS 1.6~.00- .-1,625.00 . . . Ch~ ........... 712G.!2009 : ~.20-t.· GellegherF!n.-rlfiui Groop, 111~. · · CLrr::. ·. · · ·. ·. · -3,800.00 . Chad: ... WJ2ootii 1313 · · ·· Gilllal;her 1'111~noMI Group, !hot.,_ · · Clltnt: GeneT, ·ft'I".. · · AP Rl"' ANI352 . . : WELLS FAAGO BI\$E~ 11419· 1.!00.00. .-2,6tl0.01) : . Chetk · -ennoor; 1313: .: ·Gallsghllll'r=l"n~·ndaiGroop,,lr.e.: ::Tomi$~30,DOJl.OO _P.P RJC4!: OM'L -«6 . . _ . \IVEL.LS FARGO BME...: 345!11.... 1,300.00: . ·-1 ,lDO.OO .. Chftak . - 91712C1Cl'G 1313 Gl!!~ghlltl' Finilnclal Group,·tna.: . u~ue: Roollld R. Coli!uMn AP Rloo lNG 28l · W!!LLS ~ARGO BASECI'\59.. 1.,3~·~: . O.CG ·:· Check ... ~11fZ(IQ9.: 1333. G!i.r!aghe.rFinaocll!tiOroup,l~tr;. DI~67'.S1-75)CommiiLilm :.WEllS FAAGO !lASE- e-150.. -sf'Ulc· : 4,55(1.1l'O · _.,55o,oo' · Cl'liJdc !l'11,12009 1333 .... r,;.-~1ghoMAn111n.dld Group 1 h1c;.. . . ·~:JlentV.I~I!IIm A:. Drokeb .. APDiolcen AGL68L ·. . . WEU.s FARGo BASE'8-459· : ~50.00 . : . -3,900.00.: · Ch~ : SJ11~9 ·: 1333: ... GI!~f!lgherFlnan-c:lill Group,lflc.- · .·Totll.S.Amount: 3:3,000.00 · i>V'DiolcV'i(logiNG283. . .. WELLSFARGOafo.SE-11-\59· · ·· 1,loo.oo ·~1:300:00 ... Cht!cl!: .·· .: .8/12..12009-·:. 1J.52 .··Gufla;hlltff'qno~~nQIIIGroo!J,IIio.:: :· ·: .... : ... Klng(-679f~Comrrf$s!on. AP Klog OML 448 . VoelLS FAilGO BASE-·8-459: ·. · ·: 1.300.00 D.CD Ch~.k . .. .812-4!2:00$ . · 1-464 -.... -Gfllln9tl1lr AM111ncial GrOUP, Inc.- F•~ey"-iRA(I378f-.69} Commlulon WELLSFARGOBI\$E-IH59·· ···-SPLIT-:·:::··::::.......... · ... 6~83,75 .-$,483.75. : .. Checloi :&12412<109 ·.. ·.· ··1-464 ... ·GN~;her Anat1clal' GrOUp. In!;,·· .. ~offit Robe.rtJ. Fal'ley-!Rk': · APF>hoy-IAA TAA2B1 · : lii'El.lS FARGO BASE, e-159: : : 1;!96.75 -S.1an)O .· . . :Chll'ok .. :8,r'2..ti200!). . . '1-464·.· ·.·. · _Gll1aghoMAhsnciB! G~oop, l.flc,· · Tota~.SArnoont: 49,175,00 · APFo~oy-IAAING2G1 ·· ·· ·· ·· ': ·: WEU.SFAAGOBASE•.M5i. . 1~96.75 A,Uo25 Ch.eck_-:· ·8l2oli2QOO ·. · · ... 1o464': · · 'l:aiiDsg:herMnanoli!l Grou"'.lnc.· · UDtJtlte:il: .Rol)l'lld R. Colemat). . . APfo~oy-IRI\ANI952 :: WELLSFARGOBASE,·&al.S FARGO IIASE-8-159 · · · · · 1.296.75 : · -1,296.75 .. · _:Check .. ·: · .. :811-412009 ...... 1~ .... · .Galle.QhOfr.lt'u:inchd Gro1./i",·ln~:=,.-: :. f;!llhey-U:~..A.(G7!1-69)Comm~Mlon · ·APFohoy-!AAOML«B.. . ··::c:wat.SFARG08ASE·M5~· · ·· 1,2901.75: : .· .. D.oo· .. ·.. Chec:l(..' .. · ·~OO!j:: .... ·:H-&9:· .... Ga..ll~a..-f.ltuilni;:l!ll~~lrc.u.p-,lnc-•. :.. . PTiotlhelrd-fRA(6711~74)CafM'!Nion WELlS FAAGO aASS. a-4-59 · · · · · _-_· -SPI.JT- :.·· .... · .... ·.·' :' ::' .. :'- · -· -· -· : 211.221.56 ·:.-26,221.56 ... · . . Ch~··: :8124r.:OOi:: ·::.·.1469 ......G~Ifl!.gh~flnanda1Groop-,1nc.._- :· CUitrit:Sh:..tlleyPric::hari1--IRA: .AP Pnlchl!rd--IRA(6781-7-4) C:oCl-mm~on APPnlrlc.: Fl!ml!11do,M(6781-f19) CammmliJn : 1 ti.25 '-4,611>25 : 'ChM'ik 91112009 · · .·1:520 ·.. ·.· G~fti!lgh!!ff1rmnd~.Group, Inc.: · . :. Clre1'rt: Mane! & &lmlth ~ems'ldq : · . AP Fomood¢, M LNL 7~ . . : . : · WELLS FARGO BASE 'USa: . : . 1150,51'_ .. ·-J,:cJSt.~ ·CfMek .. · .911~ .. · : ..1520 · · · Go~lllaQhllf'Flm!nd~ Group, !nil.: : T"CI:al $ Am.oo.rrd: 3!i,-44;lil ...O. , . AP F•m•o!lo, M TAA"1 : .. ·.:WELLs FAAOO BASE -M59 : 654,61 · -3,2:93,03 ·Ch-eck ..W1/'iCOO ... .1520 ... (';;f!IJ"gh«"Flnanclat GroUp, tl'!i:-.: Ue.:ttu•: stBY-INl ~Mken (3.00%)-. . AP Fomto!lo, MING :l!lf : .: :: WElLS FAAGO BASE' e-159 : : '115U1 ·-zm-H2. ·Chllek 9/~1200~. ·.1520 . .'. G:!!;YitgherAlaneltlt Gna.tp-, fn~:.. : Fernal"!do,M (618~~119) ~m:th~~ . .. : .. AP Fman~o~r.1l.Jo,IL58t · ·- ._.-_, .:· WEU..S FARGO BASE~· 8459-: ·:. ·,: ·, · 65,S.61 · >1,975.81 Cha..:k . 9/1r2QOg .1520 .... ~~~!Aghllr F1n&~ell!ll" Grqup,loc,·: ·. F•msodo,M (6761--:,119) Camrnltalcn · . fi.P f'iem:tm~o. MANt·M2: : ·, : ·, : ·YYELLS FAR!aO BASE-:8459 · ·: .. ."658.81 · ~1,317.20 •' Chedl; . . · · 9111'2t!V' Fomando, M lNG ol6: : ·: ·:·WilLS FARGO BASE-.M5o: : 656.60 .. . ~58.61! Ch'i!o~ik.: .:. · · G~l.-ltitirFFninotal GI'OIJ'p, lnc.-· .· .'.' r=em1111idn,M (S?!f-1 i~ Ctlmmil4fon . . 0.00 Chedl· · '9/Jl2Qij9 9/1rLOM . .· .1525 · ·1520 · · · Gall•~erFlnanQl:91 Group, In-a •. : · · ·Feml!llldll,S [87!1.1-121)) Comml11i~ --~~~~ G~~~~sg: --~:·:··~:;~~~~: .~~-~~:-~:~it:;·: 0 13 :&$8,eo. ··2,921.~·-: ~2.92'1.~ .·cn~k ·· · ·9f112tl09 · · · i525 · · · Galla;jlr:rAriandal Groi.Jp, !tic.:: ·: Cli-ent SLII'r'IM1 & t.fanlll FMTI~ndtt · . i>V' F""'ando, S lNG 201: . WELLS FAAGO ato.sf- 8<5~: . . 7~0••9 . -2.m.~ Chtm;· · '$oi11Z008 :. 152-5-: . Gelr:altlerFl'nan-c:i•IOro\.lp,lnc<·: ·.; Tutlll'$Ama~~22,476M .. . APF-!lo, BANI 1152 . . WELLSFARGOBI\$Ecii4Sg .. : . 7lD.~O -1.400.99 .·CllteX &f11'Z005 ·· 1525:: !31'1TI:!Igher FJoal'ld$1 Groop, Inc,·:· · . Utroannl!: Ste-v11111"ee"kl!fl (3.CO%) .... /IJl Ftmi:lnda-,S.ING 03-li :. . . :. ·. .·WELLS FARGO BASE- 8459 · · 730.MJ -13C.4$ .. ·Chl!l~ . tf1f.l009. · .. 152-5 . GI!J[Ighl:lr FlniJntjal Gtoop.lnr::, . : l'e-tnanda,S (6781-~20) C(lmtriuJ"Q!1 1\P_Femanda,SlFG~-- .. ·:·: VvB.LSPAAGOBASE-a..;S9·:··· 730.-48· 0.00 Chack 'ilfS/200:t ...... jSI;IJ. Glllleghtr Fl~en-ulaltlf(IIJP, l.llC,·. Srntlh-l~fi71!11-9~ C9m:rnisil.lon . . WELLSFARGOSASS·MW ·· ·:_-:-SPLIT,._-·.:·:: ... : .: :: .: : : · ·· ·· ·· ··.: : '18,500.00 .. .. Chi:cl: -: -·gl£il200! :· 1:58:3 Gml'l!lgh-t:rFlnut:hll Gr~~ Inc:,: . : ·c:rant: Gll:r)l Smith-'-!RA · · · · · · · . AP StniiMAA lN. 177 . : ·. : WEU.SfAAGO BASE' B-159 : .\Jt50.00 . : -17,550.00 .... Ch~tgJo:. Chedl:' .. ·: iil/91200~·: . · · 919(.!!009 15!13: 1583 · G-e0i!tgt,e:rFit"la:nd;~l Grou,J; Inc.. . G~bil:yh~Amu'lol-1! Grou~. lnt:. · fqi:JIJ $ {\mol.l~ 15(1,000.00 . U;:rensee: steven Fukan{3,00.%} · APSmlltHAAAGL 73L .: P.P SmlltHRAAXA:!I04 · .. :.·WELLSFAAGO BASE-.6459·.. :: 11.6.LS FARGO BASE- 8459 . 1,950.00 .. .1,950.00 : .:li;~g:: .. Chmr : · _Ch•ck.. 9JG't.2:009 · · 9J.(t12QOEI· 15a3: 15t3 0:!1lla¢1f.lrAnsnola.l Grooj:l, lne, Giai!J:gherAninclar·GroUp, Joe. : . SmHh-IRA(6781-U) c:ammlqlon .. Smlth-1RA(61B1-SHJ comrnlss!0\'1 .. ~~=:~:~ -• · ~m~g~~~==~r 1:::: • . -u ,7oo.oo . ·-4,750.00 ·_, Check·.· Cht~ci: .Check: Wi/2009 ·. D/912009. · · '91al2009·· 1563 158-1 . 15!3 . Gd9o~~ghor FJna.ndBr QrouP,ln;,-. Ga.9agh~ F!F"m!'ldRJ Gr«Jp,ln-c.:: Glliiii¢1~Ffn.-hdQJG1'QUp;lnc:: . .. Srrlith-H~A(S-n;t--99) Com~ion $~-lRA(678l~99J Comm1Df0f1 ·· SJi1ilh-.lRA(6761-&Q)Coml'ni:,l!llon z:=:~Z.t'Jo ·APsmlltt-!RAANI052- . =~:;g=:::~: : .: .· v.t!LLSFARGOBASE-Mit: : :;::gg. 1,850.00. -7~800.00 :. ·•.e50.00~0 · Chadc;· · · ·"SI10r2009 : 161\l : Gallagher Fln-&ncl~ Groupt l:nt=.: :· .... Ucert~~eo~~; W. Nell Galla-gher (16.00%) I'P Al"'do-IRA ANI!52 .. :. WELLS FAAGO JJA!>E' 8-45~ : ·~o.oo :· ·-1,GM.OO :· .Chtldli .. :!lf10J2U09.::. '1610 Gll:lTeS;Ilai-An.-iF1c::l..al~up.lnc.: ...........AIOI!m..-l-RA(e7B1-122)C.C,mm&;.d~ .1\P A/=lo-IRA lNG 036 :· v-.eWl FARGO SASE- M59: 100.00 · >300.00 . ChQ. . 9J10JZOC9 -.:. 1610 . : Galli!:!jlll~A.-,It~do!il Group, Inc-.·: A!cedo-IAA(6781..122) Com~on APAI=Io-IRA LFG 668.. .: WELLS FARGO BASE-11<50: · 900.00 0.00 . Check . ·9J10J;;:!DQ9 -. 1831 Gall~gt,MFlO.m:'lcl:~~l GroUp, Inc., : · Brooki--IAA~781-153J Comm""'on W!;LLS FAAGO I!ASE - e-159 : .SPLIT- . · ~.no.Go . -22,rn.oo .. ·Ch~ :· '911012009 · 1831 · · ·r;a,ii!Dherflnanclai Group, Int.": : Cflent G!tlfld.l! Broob.'IFVt · · ·APBrooko~RAlNL 177.. :WELLS FAAGO 8ASE--U5ll 2272.00: .. -20,4-48.00 ... ·Chl!-d< 911012009 1631 · G:!l~lghfii"Finand:a1 Gro-ut~-, }n-t. · ·Total$ Amcunt 1-4-2,000,00 · . ·AP Broo""-JAAAGL 73L· · :· WEU.S FAAGO BASE -11<59 . 2.2n.oo . .. -18,178.00': . ·.· ·Chtck .. 91101200:9 1831 G11lhlghm- Fl'hl!fn.dal Group, Inc:. : . ·· UDillr\..ee~W. Nil G:d•g~l!lf (1&:.00%) AP BtooloHRA AXA 50-1 · · 'I'IEU.S FARGO BASE- M59 . 2,272.00 .. -15,904.00 . Che~·.; ·. ·9/10J200i' · . 19l1 · . : .GaUa~er F1n.11nctal Gr~p •. lnc;..'. . .. BroobARA (67~~-153) C~mmluloo APBrooD-IAAtNL 7-10 . ·.:v-.ELLS FAI!GOBASE'e-159 :un.oo · · ~13,-e::n.oo C~a~ . 9(10Q.OQ:9 .... ·.fB31 .. : .. ··.(,!I:IU"9hatF1nancii!d Groop, Inc,.: . · Broob-IAA{6Te·1-153o) C()rnmbaltm 'AP Bfoob-IRAMAM'a5D.. /IP Btooka-IRA INQ 2tl1 . . ··'IIVELLS FARGO aME., 64Ml · · · ·: :·\IVELLS FAAGO BASE-·8459- · ·un.oo ---11,36<;.00 :Ch-eek ·s/1012009 1$31 Gallll;lhllf Fln.anclllll Gtal..ip,l~ ::: ..... . · &oog...:eAA(871~~1!Sl) C-ammlulot'l ·. 2,212.00 -9,D~ •.iJO Clreck . . .9/Hl-1'2009 ;: ;1631: ..· G111lfe;tulf Flnur~dal GtOIJp, lro.-c. . · .......... Bl:oilb-tRA.(.,-!11-~5J}Cotrrntnioo ·APBr(lokt-IRA TAA281 .. ·.· ··'NEl....LSFAR.Go BASe-~. 2,1n.oo. . -6,616,00 Cl1eok . 9/10:1'2009 1-631 ' GaiTI!Ighllr l"hHlrldBI Group,.lr!C,.: . BrooQ-IRA (&7~1-t!SJ) Commi;!lloo AP B""'kB-IAAANI 852 :: . . ::WELLS FARGO BASE-IH59': . 2,272,00 . : -4,54-4.00_- __ . Chtcli :'9f.101ioo:i · .. · · .·1fl.3l. (;i!I~·~Qher Flnl!ndllll Grou~,·lr;c. · · ·: · Brotlb-ll'lA (fff_i1,-l!lo:J) Cttmm~Ql'l AP Braoko-IAA lNG 036 . . ':WELLS.'AR_GO_BI\$E- B459 :2;m.oo_ c2.272.GO · -P.42· 306  : ·: ··--: ·.:-- ... ·: . . -; :; -;_ :": : :·.:·':· ·-1~:40AM-:. RETIREM~rh V~L~~. LLC - KPK!= Book~ •• ·:em:ilu: · PaymentS to LJ~risee Defendants •• .. Acmu~~l Ellt$'is : Mi.;,;, 20oe1itrou~ti M•it>h201D om : · : :Nt.Jri'l .Nan.::· ....... •. Spl~- ·•ci&do · . --·~ . ctl41ck. . . _W10/l-D09 . 1631 Gltllii'Qh:Of Flmmcia~_Grc~P. rrn:. . ....... 8roak5-IRA (El7.£11-l5-3) eummlaton- .. /4) Srooki---IRA LFG 566 .. . :: ~s FARGO_ BASE~ Ms9 . . . 0.00 .. --C:I"M!ck ...... - -911o412009.- -167-ll: · G111l:E1(111H"Fln111MIIlOrilUp 1 ~no..·_: B~ 'Aev~ble Trutt(67!1-t-162~Gomml~m~on . : wnLS FARGO BASE- 8.459: ...SPUT-· ··.-·.":·. ·-: · · ·· · · · .~ i_.ooo.oo ...·.:~~~~~~ .'Cht!ok ·: 911~1'.2009 : ..11!17a: Ge.Ua;her Flo~11d&~Gf0Up,l~.: ...... __ ..... _: .. Cflent Beck Rtll~bki Truat ··foP ~TrurtAGL 73L WEllS FARGO BASf:--MS,g -~ ........ · .. ·._91,412009·: ·1613· :· GI!IU11-;hfttF1rt•n-~II(Group,ln;. -. ·· .: Toti.I$.Ami:lunt:-!5,000.00 · : P.P~Trust~e.o4 WELLSFAAGOBASE-8459 --.s,S~Hol ·Check.. . . _9/14/2-QDB . _111)'3 ... : :G•IfaRf!er F1n.oo . . : AP Bla~n, CE ANI852· · · · · · · · · · vel.S FAAIJO BASE- ~59 1,3!JD.oo: --·1,3oMo •. .·Cheok .·.· · · · · · · · · · 911512009:: .. ·1717.. _13o~~.llagherFlnancilld Graup,lnc:.:: . . · Uoertl!l.e:e: Ronlld oR. Coleman (3.00%) . 1-P B1aGMutn·, CE i.FG 566 .VIr'Ell.B FARGO BASE·~ 8459 .·. 1,3We00: :Cl.OO . . ·Chtck ··. · ._:911SJ200D-·.. ·: ·172:1.. G:Jill!llghl!tf'"ftnlllnchiiGrol.ip,lfl(:,.".. . ... ·::B"a~Gti,CA!B7!-1~1n)Comrill:n.krr!·:. . YYB.lSFARGOBASEnB-4-5.B .... :·.··'-SPUT-.·.·.. . . . . _2,600.0<1. .~2,.&00.00.: -Ch~k . . "9/15J:i!{l09 ·.. ·.· .172:2 ... Galllllli]h"r~andal GrWp,lno::: . · ·:Client: Cla~n~A. Bla:c~n .. AP Bhl~, CAANI-852.: · · ·.' WELLS FARrJO sAsE- 8-4513' i,JOoeOo . -1,3.00.00 ·:ch-eek·. 9/,5!.2M19.·. · · .1722 · · · G1.00 .· . Chick::· . _0/1612009;-: · · · ..17'1 . : :: G8ltnl#.1111f"Finlu"!d~ Qroop, lr;c• .": ·: · ·· · · ·IM"Ieelm"-IRA(-6761·11!i5A) Commlntoo />IJW1-e-el-er,Mo-IRAAN1852 · · · · · · .· VYEU..S FARGO BASE~ 8-'59. 1,11s.oo: .. . .-2,2311.QD. Che-ck .... .Sittii'ZD09 17~1 GIIIUadJI!Il'!i"~lllnrAIIIIG~p>.ll"llli.····· .. :.. :.Wh~M-lRA{57!J.1n165A)C.:.IT11T"IINior.·.: ... ·· .. AP\\tle-ek!r,hl-IRALFG5&8. ::-:·.:::·_-_- INELl.SFAAGOBASE-·~ !,118.00 .. -1.~18.00 0.00 Che-ck Che..t · C!l&!=k .. :s,"16,r"2009 ·:·."."".17:51 :: Gll~!l~erA'1ancf.a1Group>ln.a. ·: "911812009 ".".".".1758·. : ~li~«Fh:lr.1ldlli3rQUp,_l~a. · · .911~;Et ·.· .·.· t766 · · Gl!l~~orAnaMcitt.l GI"DLIJI, lrcc. ······:"Wh-eo]er-1RA{67!!-1•11!5A)CaiT"Itl""lls.B1on . . . . _:.;..: ·at11~emthF11mllyi~(81B1-1.i:t)Cornmmel"on Cillll'lt: Snmema.n Family Trual : . . . ·A.P"IM1~,M-IRAINGOl8" ·: ·· ... ·.: 1Mill..S~~GO~E~i!J.451f ~SFARGOBASETM5S·· . ... ·. lfJl Brenn~!!!ml!m TntlrtlNG20f .· · . .:..8PUT... , . ·. ·.· ···.· ·.· :. ·: INEU.S FARGO BASE~ M51t .. . . ...... 1,111.00 f,300.CJO .. ::l~~-~'~ ::. :-3,900.00 -2,600.00 .. Che-c(l; ;B/181200& ···. · :· 1766 · · · · GeJegtltr Flnancl.id Gruup, Inc,. ·· ·· . ·.·... ·.· . ·Total $.Arnot.mt ~,QDO.OO.- . :·. MlBronntl~ Trti•tANI 6!52·.: .: WE1.J..S FARGO BASE -.&4-51i. . ....... 1,300,00 '1,ll)O.CO · Chec~ 9/18f2009 .. ·:. 1786 · ::. Ga'II•WierFIIi•nclalllrollp,lnD." . ·.· . :.· · · · · · · · · · · :.u~: Roneld R, Coleman (3.00%) · ·J.P Brennernm1 TnJ..atlFG 586.: .. . : \YC:LLS PAR.qO BAS~ -.8459.. · ·. 1,30Q..OO · · . . 0.00 ChiKk .... 9/1B,r2009 .. :· 177-D ·: Gil'fla{tl.rFlhancliiiGrouprlnt:;.:.· .VanNonnarJ{f'i7f11 ..18a)Comm~on: \NEJ..LSFARGOSASE-3459:· :· · : -Sf'UT- ····· ·· ··.· :.· 2,7ZO.OO -2.1'21).00 Ch~~ttK .. : ... .9/1:812C09 :. :. 1710 : ~~*~ttFll'l•n.::lal Group,-lno.. ·. .. .. .. . Client: Charlea &.J!lll~ V8:11 Norman- . · -MJ"Van Norm1111INt:; 2()1: . : : .: "1.\eU.S FAA~O BAS~ ."ft.45B-. · .:.· · U00.137 .. .1,8!3.3'a .Coool(·_ D/1J1121)1)9:._ . friO ... (;ollogi)"'F!oonaoiGroup,lnc.•. ---- ·'·---- -•-- •T ...IlAmoon!:17,000.00 ·.• . . "."APVonNormoni\NI15l- -·-• :• WEU.sFAAGOBASE-Il-4S••· •· "90U7 : .. ..-!100.66 Ch~ · 911-B.r2009 :·. -:· ·1nn · (iallaltlorAnanclal Grou!), Inc._: ....... ."LJcen.Bae:W. Ne.i G•~a~;har.(11!1.t-O%) . .N'Van NormM LFG 556 :: .: ~8 FMGO BASE-845'Ei: · . 908.86 ·.· 0.00 Cbe-ct 911!112009 .. : :: 17W7 ... GojJiiyherAnanci:ti! Groul),.lnC. ·.. Sn9d9r~ !RA{8781-~B2) Camrm.aiafl. VEU.S FARGO BASE- 8-459 ·: : : :: ..SPL.rT- . ·. :· ......... · .·.· · · . . 9,75o.Od . -lil,i5Q.DO .· Clle-ok .· 9/1:!12009 .·.. ·.: 17!7 · :: Qallagher"Ananola~ Qroujl-, Inc..· . Cl!ant: ~Dbtrrt Sr!ad17~ · _/toP Sn~eR! IRA 1tWL 982 .·· ·..... 'M3..LS FARGO BASE·Mfi$1. 1,392.86 . -.'0,>57.14. .. ·. · Ch1111()f;. .· · &1181200!Q ·· · 17B7 · G11UagherF!ne.nch1i Grou~. lne.. . ·.Tgbl] $·.A.I'nooJnt: 16,1)0(1.00 .. . . . . . AP SJ"LIXIgfi:N IRALNL. 74-0 .·. :· VVEU.S FARGO BASE~·S459 ....... ·1,392.&6 -6,tl6.4.28 . Ohe~: .. 911&!2C8. ChO') AP""'oo!oi',MiohAI·IAA ANiij2: •: WE;ll..S ~AAGO 9ASE'-~'9 661.66 .• ·1,323.3l Check· · · · · · · · · · · 9123120CU .· .· 1m2 · Gsli'11ghar AnanclGI Groop; In-a. Willlcla..--IRA (6781-165) Conil)"llnlun: . /JP 'M"Io~~*,Midln.JIRA I..FG ssu: ... :. Y£t.L$ FAAGO BASIS.- &4"59 66Uifi · "-661.66 .... 0.00 Ch111c:!o:· 9t.23J2009 .· :· 1a22 .: .. "GBDo_gh-ei"l9n:an :: << ·· <·. ·. : Ch~Joek.: ·: 9129120:09, 1B91 ..... ·oaDh.gflat F"lt'lanolal Gril\Jfl,lr.e.. Ucan1111~ Rontallt R. Cahllm•n (3%) AP ChaG011.IRAANI tl~ . \Yfi..L$ FARGO E5ASE7 ~St.: 1.296.75 . -2,S93,50. Cheo~• •- 9/2li/20<1P ·:. ".".1$~1- .. ··•-Oollogll.,.Fioonol~ Groop, lno." ."·• . . Clloeon IAA(6.7~1-204) «>0'-n i'J'Chocort IRALFG 566 ... WELLS FARGO BASE· 11459- 1,2116.75 -1,296.75" . u.oo ·g::::::....... ·: . :==~ ·Ch-eck.· · · · ··912912009 :J~ ·:·:.·:::~:::~;~:~:::·~=~:~:::· · · 19~9 . ·. GGneg:h11r Flnan.;:l.al Group. In~.·. :·.~~~~i~~11g~rJo=:~~- Clerrt: Alfred Mayi. . . . .. . .. . -~;~~~:a~~~g .:·. : :-::~~. ~~~~~E··~--~5~·:· . . fVl MaY* IRA MET 650 ... ·.·:·.WELLS FARGO BASE- 8459 1,298.75 :ias.oo · -3,:18(1.00. -3,0o42.0 · Oah~erP':u'l:mdfiJ Group, jm:-. :: . Galltl:lhl!f'Fltuin-QII1 Gf-01Jp,ln-c, -·. :ROD~ (9761~224)_oommbrd~ : :__: :: -.-i:~~~~~~!=3:;.~:::::::;... . ....... :t.J.c:e-nne: W. Nel G!!hifl""'·l18%) · . .. :: :: ;:Rctta{67B1-224) ~mnUslon .. wi:LLS F:A.R.GO BAS;::~ MSi. ~~=:~~~~-. AP RQo.r. f>Jl.A ~:. APR~ to4B :.. : . :-sPL.,!T-: . : ..- =-: -::=~~gg~~-~=:: : : :·VIEU.S FARGO BASE- -84:5-9 . . . . -~LLS f!'A~GO MSE~ MM : .. . .. .......... i,600.00. =~::. . iGO.Ot'l . .. 960.-oo : . . . -il',loo.IJC] .· ......~:=:~ ·_: -6,720.00 . -5,160.00 · en;.~·. ....... ·: m1ll2009 c.: : 1961 · Gt~o~orFmonSPUT· ·:·_.-_- __ :_::::-:-.-:·--- . . . ·4,73e.GO ...... ......_,738.00 C~o, lno: · · ~:::~-:~~~ · :. :. Total.S.Arn6WTI:20,000.00 . U-e: SIOYon Feel:::~~-~~~~-~~~~-~.--~ ::. 1 3 00 : .' : ~~:.. _:- a.1~!S.OO·: :::: ::.::~-.1~:: Ch..._: ...... 1011~01 .· ·:·~· ··ccG•IIo!jhorFin•n~o!Groop,lno.·:, .::.· .. .. ·: . . CIIilni:RoberlJ.Mclliln•Jd.lRA : .· · · ·· :.APMcOonoi~,RJ.IRA.lNG;taj'C CC . 'l.ai.SFARGCeASE·NSD.:: : ~!10:2~ .. . :.··~.383.75 ~~~···· ·.: C!i~k. . . Chfte.k. . lrJi5 ·•••·~ : -:- Hl'f1W20Q9 :_ : : ·10115.12009': i~~~~~~ms~§:g < ·:: :2267 :. : .Qalrigtier F!nuhclal Group, ~nc. ·:: . ~: ..·:·· ': 2267 · ·_- Glllirllih-trFm-aiH:li!IGroilp,lnQ,' ... : _.: _.:- · ~t-~i~~~~~r~?:IXI•· • · :·. -:·,:·Client Druclna ~- McOonlfd-IRA.:. ·: · .· .... _. -. . :-:-: :Totai$·A!Munt2li,OOO.M:. · :· :: · . -: :: . . ~~~~ii~~; ~i~~!g~~=:: AP McDonald,D.J.-IRAING 201 :. .. ·::. ·.\IYEU.S FARGO E.'IASI!- 845S APMc0cnll>~JiJ~m~;~.. .. · ...WJKin:IHI'tAMET65o.· ~~~~g:;t:~: •. • :WE.l..l..SFARGOBASE·B-4~9.. . 1,371>4-1 .· . ~:: • · • • ~.600.~ • \::g~ . . -. -.··.·· -8,228J52· ... . · Chaak- . ;DJffi'lnoo;._ 2338 .- ::· Gall1ghti Fli'..:tru:ial Groop, lno... .- .. ··. T.oiiiU Arnol.lit:etl,ODO,OO. ·. .. .. .. AP Kln9"1AA~L:. 7-4-D · . _.-WE.l..l.S FARGO BASE -_8459.. . · ·: ;,371<-Q ·· :. : ..... -6,857.10 : _ Cl1eck.- . 10/191200&- · · · 2338 -· ::. G111egr.~ F.111:Doiid•l Group,lnc..... ·.· · · . -- U~1-~~:W. 1'-fel G~llagher(1-5.00%) . . . _ P.P lQng-I~ING201_·_ : lllr'EU..S FARGO BASE· ~5-9· . · ~,371.42 :. :. ·:. · .. · --6,-<4-85-.68~ .·. C1'1Ml~- . :10!1912DOe .. ·.. 2338. :: .,._Gilltrf.M Fl~encllll Groop,lnc,.·. . . : · _--·King--IRA(6761r2~) Ccmrni:tt;kln. . . . . AP )«ng-IRAANI852 .--_· .·.· :· 'WEL1.S FAROO BASE -·5459· ·. . ·. ·: 1,371.42 · .. · .. · _.4,1l-4.28 .. : Ched<. c. ·.11JJI912GD9· ·. · 2338 · . :·a•Ueghor !'Jil"l1d•l OrO'.W,Ino.::c .: Kln~!'tA(67t\-2o!<)Al C•mmb>ola~. AP Klng.IIIACML446·. . . ::.·eWE liS FARGO BME ·&~so·· · · · · · · :: . : .. \,371.42 .... ~.742.&~·: .. .. Check. . . ..1DJf912009. 23-31!1 G_..ll~ooh..- riM~GI11 Groop,l{1c._- .: Klni;HAA (67-61--2MlA Ccmrntulan .. -_- : : AP KlnjCI-RA LFG 568. . :- : -_-_ -_-_WEJ.l.S- FAA.OO 0.•\SE:- ~5-e.. .. ....... 1,371.42 .. · ~1,~!1.42 :: ·Check: · . · ·.10Ji9f.i!009 . 2338 GaUilogholtf Ffnl!linelaJ Gruup,lno.: ·: Kh1g..J-RA. ~781~A) t::ltTcmlU41on. . · · · · · · AP Klrcg-IAAING 036·.. . : _..-. _.:_- .._\VE::l.lS fARGO BASE:-~~--- . _1 ,371.42. . . . . . . . . O.bD ·.·. _ .--_Ch~ · .. · ---10~00Q ... 2371!_ Glillla.Qh«A.netnci•IOroup,Jn·..-.:: - · ··: -·- ·: ·: : · :· .. ,.._ .. : .' .. : : . . .. .. : .: -.WELLSF~GOBAS!:-~9 "_.: ::-.·:..SPliT-·.' _.. _:_-_:·_: .: ..... : ... :· ....... :. :. - · .- ...... : :: -~,006~72 -6,D00.7:i! _.. . Check.._-· ...10J20r.:'!009 .. 237!! · G~lla-gl'111;fAnanolal Or~u~r,lnc.:: _:: -.-. : .... -~- - .. -. ~~r. Janlc:a Va~~m11-rMRA (S78, ~1~- AP Van NMrnen,J-U~.A LNL 1-4(1 ·::-Wf:Ll.S fARGO aASE--:-·&45\il ..... : . : . : .-!58.12 _. ~,,48-.BD· . .. .. ·Chll'ck.: ·:.ttl/2012009: 23711 Gl!l!btgl'-,!!fAnandaiGroup,!nll'. ·: ·· ... :. :_: .. : .:Tatal$~nt:37~54-2.00 . . APVWJoNoJ~an,.J-lRAWJ-4-Wl .. -.----~fARGOBASE--!-4:59· : : ·: .. 858.10. -4.29Q,:50 . · .. -Chin;k ._. . · ·-101'2012009_ 23-711 . Galhlghef FlnanclaJ GtaUfl, !he.·: .'. ·.: -·: -·:. -·:· . : ·.: · .. U~rt!lae:W._ """~ 9a~l!l_;:h.er,{16.0Q%) - APV~ Notmiii"~JAA lNG 201· :: :: :: W:.U..S FARGO BASE ~:8-4-59-- :: :: :. _85!..10.. · · ·· · · -3!'432.40 ·-Ch~k: . . -.. · . . ---iCf.Z'012(109 237S· .. _·Ga~.egh8rFinl-ncltl0r-o!Jj:l,inc.· . . -.. _-.. _-·: .· · ·eo~~- APVan.NOJmBn,J-IRAWPl962 ·.. :·.· -.~FARGOBASE- ..e.t-59. $58.10: -2.,574.SD .Chtdc :· ........ ··1012012009 2379 . Gai1:119ilt~rFin•nclaiG~, ~nc. . .. .. .. .. .. .. . .. APY:SnN.mr.~ri,Jo.IRAAN!852· :·:·:·.. :· 'Nill.SFARGOBASE0::-84!59: . : :·: -1Uii&.10 :: ·1,716.20 · . _Chl!:clli:: . ··. -~Df2012009- :-.2379: -Qa11:~~gj,erFinB.~da1G•OlJFl,r!'lli•.'. /JJJVuNo111'tan,J-IRAIN0038 _ ...· ::\M:ll..SFAAGOBA.SI!~.&1-51ii', ·· ·· ·· ·· :85.!.10-- . ~Sll,i~ :=t.. · .... :: .-:·i=::.. _.. _:~ :.·:· . ._ g:1:::=~~:~:~~:-~::: ~~::: :·check.: .: ·: ·:·::=::. :~.:: :·:: ·::: ::·: ::.. :.·:. -10/2012009-" _· Z3.!J3 ... ·_GII~:j'Jg\l_'llrj:1nan~~Group,lno . .' · .....-: : ....... Clfent:C~~:s&J~~VsnNo:rmm($18-1~1~8) · : .. :· · . .:: ·:-- :: · . . .. .. ~~~nr:g~~:s~ APV.t~nNamanJ&C~~-4.. :-: : :-: : =-~~~~~~~-~:.~~s: :.· .. ·_:_lNEll$~ARGOBASE-84!59' : -~--~~: 8 _soc.oo: :: ·:6,400.00 · . . . ·: ; : _.:e,io~:~g · -~5,800.00 . Chi!c-k: . l0120fZ009 ._:_ :_:i:M3 ·: Gt!!llagher FJnlln~a!-Gr~, Inc;:... . . :. .To'UI $ Amoun.t: -40,000.00 . .. .. : .. .. .. .. ·. fJSlV~fl. Na~~n-~lC AXA 1-46_ .. _._. -:.-:·.WEllS FARGO BASE- 34591:... _:IWC.OO .. .. ........ · ~.8-00.GO .ChKlt:. ::· . 10120fl(]Di -- - 2383 Gll!l;~~¢ulr Fl~iltl~.-Ul!'¢0p~ 1m;,·_ -. . Uotnttt: W. NtG·G;tlagher(ie~o-c%) · · P.PV.n Nnrm~tnJ&C LNL 7-40:: · :··· · · · · WEUSFAAGO BASE~_S-4-!59. ·.. . 000.00 : · · · · · · · · . ~.000.00 .. . _Cil!!clt -· lll'l20!2.00!11 ·. ·._:2383 .. -GaliB~erFin-lnciiii_Giroup,ln_c._- .. · ·· ·· Cotnmbliilori ·_ ·_ ·_ . . .. . . ....... __ . APVI'!n:NormanJ&ciNG201-- _ .-.. ·lh'ELLSFARGO~~~-M!a_· · · ·· ·: ·· · 80-0.00. . ~.m.oq. ·Ch~k ··1~-IJ-g· ····23a3· .·- . .-.G~II.gh&tFII'IIflc.i!ljGroop,ln;;, ·· ·· ··· : : : : : · . : ' NlVanNonn~n-J&CN-_1!852:·_: .:11.£Ll,SFAAG06ASI':~S-45a-_ · ··.· ~o...oo:.· ......... -2,-'100.1>0 .'cj-;.amr_. : Hlf.ZOI2C09· _-2;sa3 G.Ji~M Ftn:-.nclal Group, ln.;,. . . :· ·· . : : :_ : ... : . APVM Norm_m:tJ&C LNL 7:82·-' · ·:.WELLs FARGO BASE-a.t59 . · · ,.·. 8CO_OO·'· --~,$00.00 . 'ChMk. :1012012009 -:2383- GaH:!dJ~rAn-!~nclaiGroup,lnc.:·.·.·_:· : : ·: .. : : : : .... · : ·· ·· ··. APVBnNomw~.J&O~G-569--··:-·· ·::_.WELLSFARGOBASE~84-5a· . ·· : ..... 8!lCl.OO-: .. ~OO.QO· ·CI'Ieck: : 10i20120CS .2383 Galf'aj;hiH' Flnanai.!!l Group, Inc... : . : ....... -. -. -. . .. -· APV~m NPr~IJ J&C JNG 036:,: .-.--. INEU..SF~~?.~E':&45'9 · _.. _ _ IOO,QO... . . . 0.0~ ·C~O1120011 .2405 .. :·aotltghOIF!non~•IGroup,lno. c:···: . . : .. :.:: :· . . . :. .. WELI.SFARGOBASE·N5S: C. .SPUTC.: ·: .: ... ·· ::··· ·:: :: ··• ......... c.· :9,600.00 :..s,BOO.DO . . .Ch~k · 1012112009 ·2405-·_ .·.· ·Gai~:Cher Ariancl~:l Giroi.ip,lnc..... :_ Client Jamet. &.Oehsll'le Xlng (:S-7-81--2408) AP .ittng, J&D lNG 20t :· iNEUS FARGO BASE·-8.459. . -._ . . 1,920.00:: :-:-7,660.00 : Ch&<:t .. .': 1012112009: :2-40!· . ·:·Gbll~~er Plnanclal GfDVp,ll'lc; · : .: .... .'T-otol-$Arnol.lm: 60,{lQ0.00. ·_. . .. .. AP King-, J&OAN1'_852 _· . VliE.LLS- FARGO BASI!~ ,_,$.9 .. _ ........ 1,820.00 .. .:--5-,7fl0.00 Ch!!o'l~ ·.· : 101'2112009 -2-405- ·.- ·.GIII~.,..:;h"M Fln11r.alal GroLJp, lt'lo<· :· .. · UCI!Itt.iiel!': W. l'llt.i t!lfllaghfii'(IB'.OQ'S(.) AP l159 1.950.00. : .s~a.so.oo .. ·:Check 101281200!. 2563: G:II~II_Qhilrfln•nd~ G~UJF, ~11c. · · . AP w.,d,R-IRA LNL7~ . WELLS FARGO BASE- ~ss· 1.950.00. . . -J,900JJO · .Ch&ek .·. ~0126~. · 2563 Gibag:herFin:~nd:~ G.~F, inc.·· ·. AP W.rd,R-IRA LFG SM. : WElLS FARGO BASE- !-159· l,i5ol.OO· · :-1,9:50,00 .. Cheok -: 10~ 2503 G&~agherFinRndlli Groop, hu~, · · AP W:ard,R-lRA I:NG 03$ . . WELLS FAAGO BASE ·&459- 1,950.00 . ·· · · ·a.oG · :·Checdc. : 10126/200S .: .2567 G~AI!I~erFin~hQal Grot~p-.~nr;.· WELI.S fARGO BAsE- 0459' 'SPLIT-·: ··: ··: : . : : 1~.40MO · -14-~.oo: :Cheal(.: .. 1012812009 ... 2SS7 :GII~IIgheri!qnand..! Group,fJ111.:. : Cll.,;t. Nancy Jollm Butl-!RA 1117~1-'l-ll) AP &.,I.~RA HLJ.11~ . WEllS FARGO BAsE.-ioi59 1,4-4(1.00: -1~.~.00: .·Chetk · · -1CU26J2D09 ~7 G~~'!lgh,-Finand>~i Groop, tnc:. : 'To1ol $ .......,. 110,000.00 AP i!Yrt,~IRA LNL 791 · MUS ;.ARGO BASE -11459 1 ~4«1.00. -11,520.00 : . :·Chl!l~ : : · : · : · : · : 1C/26J2009 :2587: G.-~agherAf'li!l_ncial Brouj), ~ne:.. LJc::tm:o~e~; W. ~~ ~~·--g:h~ (16.Q9%} AP i!Yrt,~RA AXA804: WELLs FARGO SIISE• 1>159 1,«0.00 .. -10,1l80.00 · Chet:lk 10126120~- 2567 · G-!ll!llgh«FinRhdal Group, ~llt'. c~;~mmmlon: lAP Burt,H-IRA AXA 146. W'ELLS 'FAFI:GO BASE!:- 845.9 1,«0,00. : -8,6-40,00 . ·Check : : 101'2'6ml01 2587 _ G.alla~efFin11nchll Group, fnc.. · AP i!Yrt,N-IRA LNL 740 : WElLS FARGO SIISE -lloloa 1.«o.oo: . ,7,200.00 . . _. ctleok : ~C~09 ·· ·2567. ·· ·GBilaiiJhe:rF!nandaiGI'Ilup,lnt'.: AP Burt,N-IRA lNG 201 WEU.S FAAGO BASo· lloi5Sc · 1,«0.00 . ·5.780.00 . ··Check · 1C1261200i· 2SS7 · GBilllghll!fflnanoial Group, ~nQ:. · APB\rri,N-IRAANJ852 ··:. WEllSFARGOSASE-llol•s· 1~11-~.00 . . ~.32G.OC . ·-Chbck · ·' · ·' · 1ll/2612QQ9. '2557: G.,l!loQh8fflrianQ ..t GMUpi f1111-. ... fJP Burt.N-IRA LNL 752.: ~s FAAGO SASM-IW59 1,4-4(L00." ·-2MOOO" . Check. 10J26f.i!il09 .2S81 ruU•Bf1e:rR~anclrd Group,lrt;.>..: AP B"",N-IRA LFG SM· · 'M;!J.S FARGO SASo • M59 !,~40.00: . ·1:~o:oo ·:Chid; . 1012612009· ·2587 · · GaRagherFinanclal Group, Inc.· AP llurt,N-IRA lNG 036 . · 'MilJ.S FAAGO lli\SE; .;.,59 1,«0,00: 0.00. . ChN:k 1Cf.i!:712009 25511 : GJUay:M.erRn:a."nct.i GrOOp, Inc... . . . .. · WELLSFARGOI!ASE-11459: 'SPLIT-.: . 3.,000.00 . . '3 900.00 Check ,D/2712(108 . ~iil1 : G:nllag!\~ Flr.ranclal GrOup, 1m.:: · ..... "Cllant: Sa!"r~Utll & RWI"l P1Mak (6781-S2AJ- !J.Sj f:'lavlakHU Bl.4 YYEUS FARGO BASE- 11-459 1,950.00: . ~T :e5a.OO Check · 10127120_09· .. _-?5;1: Gallaghetflna:r!claiGroup.!m.... :TotE!! $il~unt$30,000 · AP Pavlok!NG WI: . WELLS MRGO BASE· llol59 1,8~-~: . ~.00 Che-ck : 10121312009 26!0 : Ollltgl\tf Flnuhdal GrOUp", Ina.. . .. . . . . . . . :WELLS FARGO I!ASE-8459 · · · 'SPLIT·:·: 0,250,00 . . -3;~M.oo·: Chodc .: I!J/11112009· · 2650: G ·1!150,00 . (l,OO · · Cheok .· ... I 012G/2009 .... 2&85 · Gl!llla~r F1nanclll Gr01.4), Inc. WELLS FARGO BASE· 11-159 ·. 'SPLIT-·· )O;:ta..OB · .-1D,lli2,Qll · .. :Ch-eck . . 1 0128Jl(J09 · .. _.2$85 . Qa;illgher Fltllfi:FI~ G~, lno, · cil..;t Dobonih J., ... ,RA (1!781-309) : P.P JOiii!I3,D-lRAtiU ~14 . . . WELLS FAR~O BASl: ~ 345i. . 1,03~21 . . ·B,'l-13.67 . APJonOJ,O.IRAAGLT.IL; WELLSFARGOBASECII45~· . 1,03!21. . :S,305.66 . ·.·Ch-eek · · ·1 012!112009 26EI5 · Ga~Bgher Flnlilnl'illl GrrJ1.41, Inc, .. . _TQbld .$111mr.'ll.lnt $7R,Bfi:2.12 : · Chl!ct , . . · · · · · 1iJJ:ZaGGDiil · · ·26.CIS : Gllllagher Fl11ft"d.ILI Group, /riO'< · · UlSPLir· ·. . . . . . . . . . . . . . . . . io.il53.00 '-10,853.6"' 0. ecOk-lRA (S78l -:isS) APCook,a.lRAHU 814 · v.EllS FARGO I!ASE-11459 1,065.37 ·-9,788.211 : C~etk : . : 10/!.Ci200!1 .. : .273S . G•ll•llhor Flnan~ol Gto9'. 1,065~7. -6,682.92 . . . Check . . . ·10J3012QCCI: .2735 : Qall&ghe~ f!nand!fl GI"DI.JFI,In.c:, U~III:-We&bavlc:f&crl(3%) ··PIP Coclk,B--IRAJI.XJII aGio· VJaUJ fARGO BASE. 54!9. .: 1.JJB5.37 : -7,597.55 . · · Chi!Kik : : · ·10ilQJ2QOS· ZT:J5 · IJ811aghet" Anan=let GfWP, lne. Commlsllons-: AP Cook,a.lRAIVA !ol6 :. WELLS fAR<>O BASE' e.~sg · . 1,085.>7 : _-8,512,18. · C~eck · : · ·: 10fJil/20Qli1 .: . :Z7l!f: IJliiUa;jler Plmn~ GfOUp, !nt::.:: . : AP caok,a..IRA LNL 7Ml: 't.rEUSFARGO BASE-IMSQ · ·· 1,01!-!5.37 · .-5,426.81 . Ch~k .: "10(30/ltJ(la .". "2735 G!llhRgh~ Alloil!'l~~ GrDUp- 1 !he.': ... : · AP Cook1B-IRA lNG 201· INEtLS FARGO BASE~ 8459 . 11QitS,l7 . .-'1,341.~ AP Coo~S.IMANf 952: waLS FARGO BASE' M.g · 1,0a5.37 : ~25<1.07•• · Ch~k ·. · · · · · · ·10flornJQ9· 2735 · Olli~.;:her Pin1noiuJ GfOUJl~ '"'· · · -~.170.70 . · Chec:k · . . : 101301200$· · · · ·273~ : Gis~ugher Rn·sndN Groop-1 Inc.·· . AP c.. ~a.lRA LNL 762: waJ.8 FARGO !lASE• 3459 1,0~5-37 · . AP Coo~B-(RA LFG 566. waLS FARGO BASE, 3459: · ·: 1,065,37 : ·-1,085.l3 : . :check:· . · 10f3.1l/2009-· 2735 GaeaFJ.erFirumd•tGroup,lnc..·.-. · · ·.. Checl. · · · · · · ·10~09 -· · ·2735 Glllihl;h.qt An:!!~II~Gr.a.u~. Ina,: AP Coo~a.lRA lNG 0:16: . . . . wat.s FARGO BASE· M59 . 1,0.85.33.. .. 0.00 . -.· . Ch~k : 10f30J2001li" .. 274-4.: G•l{•lf!Bf Fln~n~~fGrOuP., In~;:.· .. WEUS FARGO BASE -84<19·· · · · · ·· · 'SPLIT·.·: ·· ·· c ·· · ·· · :s,811:si -<;,111.83 ·. :: ~ ·10J'l.D/2009 :21o1-1 : Gallagher Fln,..!l~ll~ Grai.Jj:l, ~ne:.·:·. · : Gll:m; 01111'111-rl" Kln~IRA (6781-2..C) AP Klng~o-.JRA MET'8::JO· · ·. · WE!..L.S FARGo SASE~ l!-4:511. :·sl·u.n --4,N1 •.(0. . · AP Klng,[I.!RA AGL 03L · . . WELLS FARGO BASE' 3459 &30.21 :oo~,15!.17 .. ~ : 10r.J.Or'200& . 27-44 · GDDD:gher Flnan~al Group, jnc.. : -TD'II!l$ arOO-unt$34,32231 ... h023·: · CM<:t : 11Jf3.0f.Z009 . ·. ·z7.._,.. ·. "Gali~Qhotr Flnaildal Gr9up,ln-ll. : · . Uoen&ll!le: W. Ne:il Gallagher (16%1 AP Klng,[I.!RA lNG 291 · · ·: 1'/ELLS FARGO BASE• !-159 -3,320,114: · Cheo:lk. . : Chool< : 10/3ll/200'! ·:. · -27-4-4-: . : -Giljagfl:er Anailciel GraUp,l11.c.:: : 10J'3012(l09c .. .a1~ .. ... Qollo;!loiJFJoo•d•l Gmup, loo •. :. · · Cllmmiu-ien~ · ·· · .. AP Kl"lj,[i.!RAAN1.152.. ::. wat.s F/IJIGO lli\SE, 11459 : APKing,O-IRI\OML4<16 ........... WEUBFARGOBASE.•!-159 N' Klng.D-IRA 1-.fG 566 . WELlS FPRGO BASI"!- Wt : £30.23 : 13023 . "-ll30.23 .. ::~:!::!~ ·: ··<130.25 . · .".Chack. · :Hifl.(JJ2(l011_ ·: .:Z1"'4. .Galla~at}'iloancla!G~,Ina, ~ : ··Check .1U131lr.l00a · -~~-: , Gall11gher Ftnanr:lllo! Group, Inc,:· : P.P Klrig~D-;RA lNG D36 . .. . .. : lr'YE.U.S FARGO BASI!:~ e-4!ii 8al>.Z5. .. o.oo .: · .·. Chaak · : 11/3120Ca: . ·:.:734 :. :Gana.;na..-Rn•:rrclld G~p. Inc ..... WELlSFAAGO IIASE•!oiSO · -SPLIT- >o,750.00 : -11,75D.DC · :: Ch•ck·. . : 111lJ2000: ·· .21-8-4 .....Gah.JI'IIII'"Flnar:~l Grni.lp.lnc.=: :. :CHen!.! AJfr.J!Id &_Mar;uenta PtfRyB 161SI-1S5A) : APMoyo.AHU 01~ .. .. . ... WEUSFARGOBASE:o.4l;s· . 51]5,DO -ll.n5.oo .. ·Check··= 111Jf.l00~ ·21&4 :G&Migher,~nanclaiGI"D'Jp;lnc..::: '1'-etl.l $ Arncxlnt 7!5,0Q(J.OO · AP ....yo,ALLio~·: .. :: waLSFARGOIIASE'IWJ9. :· SI7S,QD -7.1100.00 . · . Check : · · · "111312009: :-2.734: ·.G1~11gher An"ancl•l GrQUp, Inc>... : Ucin:u:e: Stevm l'eek~ (3.0Q~} :· · . APMayo,A.o.xAIO.: v.EW>FARDOBASS.'II-459 . . 975,00 ~.8~5.00· . · AP Moyo,A IVA !ol6 · WE1.Ut FARGO BASE- 009 . 975.00 . ·-5,11$<1,1)0 .. . ChQ . "111)};;!00$1: 21M: .GII~Igl1ef Fl111!1fldllll Group.lno •.. '. Oommi!I!Jion Chect;:-"·. U/31200&: .. _2.71-t- · :Gf!~~Eih•r f"lnl!lndlll GJ'!)U~. I., cT... AP MIIYIIA LNL TifO: 'MllS FARGO BASE·~ 8-'5:9 . 975.00 ooi,97MO APM.e.ye.AING:201: \IWLLSF~GC BASE_-84511 · llTli.aD· ·. -3,900.00 .: Chect··· 111312001l · :Va.4-· .GIIIIagf1erFII"'•ndal Gl:roup.lnc.. . ·-2,925,00. 975,00 . ·Ch~: l1/jf2.COOl: .:·nu. :c=tillagherFln~tncla~.Grouf).ltJc •... APMayo,AAN10>2·· WEUSFARQO BASE.c,llol5!l ··Che-ck · 111'J.f2009 . 2784 Oilllag,l!f l"fnanclol Group, Inc.· AJI IY!a)'R.A lNL: 1'82 \'IlEUS FARGO BASE> 14.59 ats.oo: -1,950.01):: .·.CheCk : · · "11-13r'200'il · · · · ·2184 · ·Gal!u;h« Flnanda~ ·c,at~p, Inc,: A!' Moyo,A LFG 566: ·WELLS FARGO BASE-IIol5o 97S.OO -975.00 :Check: : 1112Q009 :: :·27$.4.· · ··oR~II;htr~nandniGroup-,ln~;-.· AP Moyo,A lNG 036.' . . . . . WELLS FARGO BASEct-459 975.00 . . . . o.oo· ChKk . ··Chile~( : . 11f.!J2009 .. ·. 211:12. ... : 1l Moog·· · · · · 27!i).2 · G~li~et- FlnimdaiGroup,•nc..: :Gall_~~ ~~n¢!DI ~r~p. rnc:.: .. Cllen~-D:a00n'lh Jonai-{B7&1-309) WEllSFARGOBASE·84~9· · Nl Jct~es,O HU ~~4 · -SPLIT-· .:. : : . . . . . "\'.£'-l:.S fARG_Q BASE;.:: M59 tao.oii :· ·· ·· ·· 7 ' 800.00 : -7,800.00: -7,020.110 .. i>.,jo45 309  •RE~~E~E~fv~~ue; LLc ~ K~~i: so~k~· Payments to IJcensee Defendants · :;..~~~~li' · March 2009 through Mai>:h 2010 ~ ~ . Nom-_ ..... :·N~:· =·M*'no·· ~~---··Ai:cQunt :sJ'III: Debit • Cnoool:: · ·: .... 1111012~08 :: :2941 .G~Itg11« flno•~•l Group,ln.,; •: . OIIOntJolm Glll>oplo (&781~7W AP tilii"?IP!oJ&G ~LI814 WEU.S FMGO BASE -6459 ·•·2,2ol2.5OO~;Ioo: ·:: :: :: :: , :. : : · U"""'""' Sloven ro)lk~ (3%): : APGIIIoolp(oJlG Ull182 .•.:·.MLJ.S FI\RGO BASEc~59. • 747.50 .. . -747.50 . .·:.:::-g~:=: · ·· ·· . . . ~~~~~~::-: .::::r..:: ::~:l:$:·-~~:~~=-~~~~:~::: :::.: . ::: .· .... ·::.Co~~~··<:··::>··<·.. :~~~~~~~~~~~~~~:. ·. ·=-~ARGOBASE~~~i 747.50 .. •. 0.00 ·:.··_.Ch:ae:k:·. : ..... Check.. . ::1111112009 .. :2054.:· :·Gallaglun•Flneoe!B~Gi"ll'Up,lnC!. =: : .. :·:: · · · ·11/11120otl . ." · ·29!'U ::. ::Gana~m Fln1n~af Group; lnc. >. :. :. C!.i~~%\VIItther8-IRA"(871!11-1M) T;Obtl$ Amount 49,000.00 · · · ·. · · . :.APwatltltrfl,ft...IRA.~-m.73L·· . . . . . . . . . . :. :: AP"Watther~~,~-IAAAXA ~Gtl : .· WEU.SfARGi:JeA$E:.:M5EJ. . ·.W'ELLS fAA.GO BAS!i;: . .8.459 7or~7a· 707.?! ::~~~ '' ·. -4,'1i54.44 ... <~:t ·. :: :: Ch~::·. .. ll:U~~~ ~E ~~l:5~E:~Ei5:l~:: · · · · · :: 11/11)2009 ·.. · ·:21111!1.4- ... _G!!iltt!lih~.F1mmc1tl Gr:oup, inc..· . ·... . . ··· ~~~ ( .0~) 3 .. ........ > :5:S~mg5 . . 1-PV'n:l:lhn,~IRA. WPL. "5"82.. · atti~:i~~ti!i: . ··\~Vella FARGO BAS:E. s.t-5;t 707,7$ .• 707.7~ 707.7.. 707.71 . . :.-1.2-~t.oa -3,5M.M . :.2,83i,i0 ..·2,123.32.. .. ·. · :·. Chltek::· .... :::11/1112009 .: . ·::29-84 ·: ::G~IlsQh&r ~~n~ Groop; I he.:"-:.:.:: : · ....... APW.tdlere,R-IRAANI"852 :.- ...... ."\IVBJ.S FARGO BASE • &.459' · 707.78 ... .. -1,415.!>1: ... .. C!oook:: .. 1111112009:. :.2884 ·;. •.Gollo1!hor Fltlo!od•l G - . lrw. ·; .. · .. APW>J!Ilm,R"IRAING 038 :·· ....... W!'llSFMGO BASE. 845i · 707.78 :· ·707.76 . ·=:·.=:-~:::: :~~=:~ :: Ched::: .. Ch~Jtic.· .· :· : ~:~~~ngg:·=... := :=.--::.:··.·~~~~~~g::-: .::::·:.:: .=:g~~=~:~n:~~=:~:::.:::::::.:· -:-:.::~-:~=~=~~=~:::g::::~~:-·:~:: ..... :. HJ1t!20at: .. 0::::.2;994 ·::· .. -Oai!I'IQher.Finertol&l G~p, lhc: .": H/11120(}9 · .:.~94 :.. .".Gallagher.Ana!lole!Group,lnc; · · · ='·: -<._ :-.:= :::::: := ·:~~::t;~~t~~':"{6781.-3~1). .. ·u~ue: Ram'!ld R. Col•TTIIIn (l.OO%) : ·comrrduloo · ···· ·· · =; =· : : .=. :. . ·· · : ....... -=~:.~ci~~::~. :-:.-:-:--::;:·-;-~:.r~~~-~~:-~~~-=· ::~=:::J:tt'::·· ·:~:~:~g~~::::: 1-P Oorn1e,n,:a-IRI\AXA 146 . .... AJ:Ibonn~n.1HRAING2C1 . .... lo\£LlS FARGO BAS5'!- 'l-'159 : : WEL.LSFAAGOiiAS~~lL459: 707.76 ~50.00 650.00· .. . 850,00 .. · . . . ·· ·· o.oo· · : 4,5\10.00 .......•. -!,550.00 . • -3,800.00. • -3,250.00 .. ,2,000.00 -~:·:~::~~:: 650.00 .:··: ··:::.Chl!fld{." : 11/1112D.CJ9 .. · .. ~: : Glilna:gller.f:IMII.cla!Grottp,lnc. . ... :· :· · . · · : : ·. : :· ·· ·· : APDomum,8-IAAANI852 ::. IM::LLSPARGOBASE~f459 · :.·eso.oo · . .·.·Che~·· 1H11J200a:·.· .. 2fl9.4::. :·Gilh!:~l!:f.Fb:u:r~u:;/aiGJ!~L!p,_lnc. ···:· .. :· : : : _: : : : : :.: ·· : APDom1erl,B..JRALNL782 .·· .. ··.·wE.u..srtARGOBASE-8459 · •. 850.00 Chaok; : .: H/1112009 . . . 28f~·t:· .:OaDDghrnfml'lilrof:al·GfOLjp,lnc. . · ·· ·· _: _: _: : : :·.. · AP~,B+IRALFGS66 ··:·.1Nf.USFAAGOBASE-!45i · .. 550.00 .up, ln~· .'.' .: .. Gil- RoQ.r M•~"'d-IRA (8781-144). : . : N' ModoOo,R~RA Ull ·rn :.' ·MLJ.S FAAGO BASE~ 6459 : 5sei( · 1,172.4& -$024' ... CheDk. . ·11/111200tl· 2BS9 :· ·:· G!fl~et: Fln&ncitd Gruup,lfl.c.· :::: ·: . . -Totii.S ltJrrount: 9,01.9.11 :: P:PMa·eklod,R--IAA.AOI.. 082 :. ·"WELLS FARGO BASE~US.O : 5811.2~ • ··~.oo :. Check·. : 1111212DOQ."... 5()1Ef : GlllaghtifFirian·diiOrot.ip,li\C, ·: : ·: .: .: .": .: . . .. :.. .··.:· · ~FAAGOQASEtiU59 .w.SPUf•. _.: . . :. . · . : 760.0<):: : ·: · ··78Q.OO· .. Chcok.: ··111l:'u.MDEll.: : 3018 :: G~la.ghtH'Fine.m:!aiGtoup,lnc::< ::· : "CIItotl, ·. · · ·· · · : · · · · · · · · .: V!I!Ll.S FARGO BASE- a45ilt. . . : -BI'UT- · ·· .-· ·.· .-·· ·; : . 5,437.44 • -5,437.44 .. :: Ch... . 11/!;!f2(109·. :: ~0:.4 ·. ·. G~la¢1or An .. ~o! Group, !nO: .... · Olont I'NIIp loollo .Johrisi>n~RA('!711~!Kl} · APJohnoon,F'-IRA W 899 . ·.:.:.'hEllS FARGO BAS~· 8451 ·: ·.-.Z4 -I..IPj l11i::.. -: ·.: U~ns•."'~ Ron•ld Jt. ¢olem11n (3.-IJ.O%). .P.P ~an R&Y PU !laD . :. ·: :: \IVCLLS FAROO BASE· Mfi&. . . · 1,:100.00 · · -2,60MO Check : 11112120®. :·.· 305~ : .: ~.tla.ghe..-f=lrir:iride' Group. Inc~·:: . . Carnmmran · · · · · · ·· ·· AP Klllhm ~~y LFG 5tJ6 : ···:WEllS FARGO BASI!:-.1.45&: · · · · · · · 1tl00.00 · -~t,JIXJ.OO .ttJftQk. 1111212001!1 : · 3~ : : G~l~gtrer PlnainQiat G~-llU~, ~nc. :· ·:· ·. . . . . : :: · .· .· · · ·· N' K.lll~n ~&Y AGL 062 :. ·. 'NEU.SFARGO eASE- 64$S: · : ·t,300.00 . 0.00 .Ch~&ck 1111:'ZJ2C.D9·· 3057: ·: G.ilagtHI:rFinand.:.JGrooP,rtrt'. :-. ·:. ; .: ·:·: .-: ·· ·· WE.U...SFARGOBASE-846$ :...s~rr-'·.: ·· .: .: ·· :·'>· ·· ..... :.•• 3.fr."13. ~,:in.i:i · Check .· · 11J1212CO!l. : ·:·. 30S7 : . .G•IIagher Flnlllndl!lj ilt«~~, tnc.. :·· . . Cllent"Jul:ie K. Gerdn~r(B71!11~392) AP G.llrdl'll!lr, J NJL 002 . : \WU.S !=ARGO" BASE· M5i: · 2,tr!..a,:S6 ·:. -2,1$6.57 ·. Ch«k 1Ut212-QO; ... · 3-007 . . · Gi!!llilghafFina.n-s:inl G~ •. Jnc..: · ·:TotalS Am-ca~nt:3J,B70,23.: . AP Gan:tl~:~t:; J ANI521: . · :: WB.LS FARt10:BASE- 64511=; : 2 1 ~~.~1: . . .. . . . . . "MD Ch~ ...... 1111Y200:i: 311l'2:: ,_. G•ll•etJarFfniuicliil~roUp~1nc:, · ·· ·· ·· ·:. : . · .. ·.:· ............. · \IVEU.$1MGOaAsE·-(1.4stf· .::-SPLIT..:. .":·:·:.·: : . ·. 11,772.-H· · ·11,772S9 ·oh;e-c:k 1"1/13!2009: 310:2. · ·: · GeU~~theorFlm.nc:1al Gtuup, l"m: •. ; .... : . . .=. C/l1n!; rtllht!~ ~aPI~AA (!78j-:J&!I) AP M.11nlrm,R-IRA Hl1814 :WELLS FAAGO BASa;-&4S9: : 1,177.29 ·:-11Mii.EI!j:>7G .. Cl"!A~. 11/1312009· :!102.·· ·: GaU~~fln:e.nQ!i'IIGroup,lrn: •.. ·.. .. ·... ·:TQ-~$Amovnt73 1 481.18· . APMillntan,R:-IRAW13!J9. -WEllS FARG.OBASE.,.-6459. ··1,177.29 -9,4H'.<41 ·.Chi~rlo~t· · ·· ·· ·111131.2009: ·: ~102.". ·: G•11.ttgh.WFtnanciaiGI'OIJP,IM .... :·:: ... ·-::: ·:uCMJJea:W.~IG!•II•~er.(~6.00%) ·· ·: ·· ·· APM~itn/ootR-IRA.Mr\-104... :Y-JELLs~AAGOBASg-.&459: : ·· ·· ·:1.177.29 .-!;,241.12 ·Che~;k· ·.··.·· "1111"312009:·.: _::!10:2 . .:.·GI.~ttgh.erFin:!!:nchtiGroop.lnc .. · · :· .-.··.:Co-mmls..tdon . .. ... ... .. ·· ·· ·· -P.PM:!!11II)n.R..JRA/'4XA14fi.· :"WELLSFAAGOSAsH·~_-u;g.: : _: ·:1,177.2\1 • ·7,063.63 . C11Kk · · · · · ·1111312000: 3102. . :. · Qa~B9h.et: fj~ar'tdi.l GroUp, IM.·." .". .. .. . AP M11nlllfl,R:·tRA lNL 74-D . ·~u.s FARGO·BAsS-".BMi9 : · . : .... 1,177.2il: ...-5.800.54 .: ·a,IKI~. 11/13f200!1 ... 3101 .... Gdl'llgh.,-.Fin.!!ndl'liGroop,lnc:·· Af'Manl-on~R..JRAING201 .. . .. Y'IIZ:U.SFARGOBAS5-.U:5S: : ... :1,177.29· -1,70MS .. Cbttek .. .1111Jl2DOO· .· 3102· .··GBUaghwr-Jn1'1rdaiGroup,lnc.·.: · J!.llMftrlloo.R..JRAANI:S52. . :\I\IEU.SFAAGDBASE-·U59 . . . . . . . . . . f,177.29 ·M3U6 . 9h~ :· :1H13!'2009." .. "310~(: ·:·~.llllllltJ"'fFlrnl,ofe.IGroup,lnc:=· APMII"IIoo.R...JRAL.Nl782 ... "'t'EUS~AAGO.aASE-8-459 .·· · ."1,177.29 .2~114~7 . . . .. . ·:·.'. . .. . . . .. . . . '·'· . . ... . ..... 310  . . . .. .. .. .. .. .. .. .. ..... ··1.o:40AM·· · .. RETIREMENT VALUE, llC- KPKF Book~ oZr.l311~ • · · Payments: to Ucens84J b~fendants Mare~ 2ilo9 through Marcl. :Z01o -·· ·:·.A~IB..H.bi ·"'-· ;.c:WUnt .Spl~ • · •ciW!I~ ·: ~nCQ·· ··~ Nutn._ Doblt • •·Tl'I'O :··Che~k 11/fJJ2009 ·3101· ·Gall:i.dlerAnancl•iGrwp.lm:, t.P Mlll"!l.:i('l,R·fRA J.FG S$6. . . . ·v..e:L.LS FARGO BASE..- Mei!l- .. . 1,171,29. '1 ,177.38 ··Check·: .. 11Jt3J2D09 3102 :Giln115ilar J:~n ..nc..~ Grr;n.lfl.li'lc: · . . .. .. .. . ..... p.Jl Manloo,R-fRA lNG 036. .-. . . :!AalS FARGO BASE~ 845EI- .. 1,1n.Ja 0.00: ··Check . 11JUIJ2D09 .· :31+-4 · · ·GaUa·gher .F.f~m::l~ GrQ\41~ h1c, 'MlUSFARGOBASE·MS9 ·· ·..SPLIT·· :.. 6,100.00 .e,160.00 · · ChM:k . : 11118J20oll · ·:i1-«. · · ·Gfln~w-~n~ar Gr~. Inc:· : ctieOt: Ft8Jpti ·c~ R~~bau.Uh.istat-3&7) liP RodOnbough,R·IRAING20f. ·\llfill.S.FMC>O BASE:~'~ . 2,1>63.34 -<,106.86 Cheuk·- . : -11/tG/2-DOEt -31+4 ·- ·Gilllle;;h-et" RTJ:Ilnclar G~, Inc:: : To~t $ &mOJ,mt-$38,150Q. 1\P R!!tdanb:llli~,R-I:A.AAN~ &52, :· ·.·M:.U.s FAAGO BAS(;:: !-459 . 2,~5:1,33: .·:2,0:53.33 .:: Chetk_:: :11118121iUD .· ·3144· Gal!a.,tlfll'Flr\.ltnci:!II_~I'Dl.p,lnc;· _ "l.let~nt!:l!le:.W..Ntli.G~IIlg:hef(16%) P.P R!!tdonb;!llligh.R~IRA LNL 7!2 . · , ··lt\£LLS FARGO SASE- 8459 2,r>Sl.33 0.00 ·.Check· · ·1111712\l® .· -·32U· -·GallaW.er·flnt~m:l•r G~ 1 Inc::. . ·. . ·.. .. .. . . . . • l'.la.l.SFARGOBASE·!.#If .. ::··.s?Lrr-·: ·.::::.. ·. ·,.: .. . 3,100.00 : :.:~.~&00.00 : ::Chack·: ...... --11JPJ2M9-:: :3219· ·· :GIIUal.'herRnancf~Group,lnc:· Client Betty .Jcah Kll"'-a (8781 ...01) . : NJ Klrig,S tNL 7.40 . . . "INEL.LS FARGO E!AS~ ~ &459 .. 6/lO.IlI5S . 650.00 ·'1,950.00 . ·. :- ChMlk ·.: ctu:cDk-·· . . . . . . 1111712000 . .11117f.ZIJOi' -:. ·:321.S: ·: -O.tlagt~..,.,- Pln•n~~~ Group-; lnG.· · : : 321~- Gfllll!lgher ~ri:a~I!J Gtoltp·, Inc.-·. Commlulon · . APKlno,BAGLDB2 · APKina,8.ANI521 'Mlli.SFAAGO BASE'""" ... ·.Vwai6FMGOBASE<>IJ.459 .: · ·Gs~.oo · · : "650.00. :-1,300.oo : . ~:50.00 : ·..::Check.·.· . Chbck. · · · · · · · "11/1712(JQSll :·11JtBI2oo.oo. .: Chetk- · · · · · · · ·11n~os ::32l)6 :: :GIIIIIasth« Flnol'IIOOal Group, fnr.,.. Clll!flt;: G11ry K. C~!"' (6731-421} ·: : IIPC.In,G!\GL062 ·.WI!U.SFAAGOBASE·III59 1,300.00 .:·.Chide.·.· · · · · · · · · 11/lW:ZOIXt :· ·:1256 :.- :·gllllla~er Flfl;t:lfl~tsl Gt-t:l~,ln~:~ ... · · : Tabll $ AmoLinl: 30,000>00.: · · : fAPCedn,O Ull 't'ft .· . . . . . . . .V£LLS FARGO BASE~ ~59 1,300.00. ··1.300Jl\1 Che-ck.". "11/~9r'2159 2,l7~:9l -~11,881Ui5 . . -Ch.JX:Io; · · · · ·: ~112Q/'Z009 :· :JZ91: · · · ·GaJiag:her Flnlinchil Groop,lru~. u~a: Ronl!lt-d R, Colen'lllh (.l""A.r · : fJPGIIi"dncrr,.J..IRALNL26A .. ·: . .'.o\EllBFAAGOBASE·-IW!i9 ~,:110.93 :·-9,!:1:0-.72: . ... ·.Cha-ck.·.· : ~1/ZOI2D~ ·:3291: .. :Galh!lghei' Flnan.cla! Groop, ln(l ... CammlMIII:ln:!l : AP Goldnor,J.lRA U'G- . . ·WEllS FARGO BASE· M59 2.379.93 '7,139.79 .. ·· . ·.Ch11ck.·.· ... 11120f.ZOO:B :: .:3291: · :·G-I!IIIBgherRnandllllUiro~Jp,lnc:. · AP Gord!n,.,J.lAA LNL 71!2 • ......US FARGO BASo • 11'159 ~.379.9l ·-<,7!iU6 .·.Ch-a-ok · ·· ··1.112012009·:: ·mt: .. G.al!agherAn~~:hcll!da~p,lnc.:. : JI.P G11rdner,J-1RA lNG :l'Jl. .·.· · Yt'ELLS FARGO BASE~ IW59 2,379,93 -2,37B-.93 .Ctl!!r:k .· :-11120120~ ·. 3291 . Ql.flllagherFtnancia! Gmup,lnc .. : .APGanhar,J..IRA.AXA!JiT ..... : \I\IEIJ.S FAAGO I!ASE ~ U:59 2j31ti1.a3 : · "OJl!O :·· . . . . ........ . · WELLS FARGO BASE·- 8459· ·. ······..SPliT-·· · · .· .·. · · -: :. ·. ~3~~.Hi ·~3,20<1.1S · . : ···: >-~~~~g::~·iru: _·. · · . ·. ::m:: .Chl!!ck ·· .. :i1J23120~· ... ·33:!0": :: .:~.-llaghef:Ftn•nclai Gr~p,lnc. : ··Ch.eck :· HJ23120oa 33"JO Galled'JerAoancial GmiJp,ln~:: . cne~ Jai-nee G!lfneld 1<1118 (l!i7.!1·~o4C'C) : :.::n-::j:::~~~B::o •56,886.53: . : Chii!!:cft· .· . nJ291200il-.. ·3330·." .. ."G.S01111;her-Aol!~claf GnMJp, Ina::. To'bil~$ amounl$395j038.« : : · · -50,564.11 : · .. ·:chttck ·:: · "111231.2009 ... ·~330. · · .·G81hlghl!lf Anaildid Grot.~p,lno. .-· UQIMllltl:e: W. :Neil ~lllfaliltr (f6'K) . APK!ng,JI!I.nlfl.IIIIAA lNL2BA.:O: . ~LlS PARGO SASE: ~9 .. 115,320.82. ... ;«.211·· .. Chook.·.· .· i1J2:312009 :· ::mo·.: · ·. G:!!U•ghoefPT:!int;d~l Grtxrp, lr;n. · CQmmiHiona: · ··APKJn_g,JemKIRAJPI002 · WELLSFARGOBASE~&45!ill ,8,320.82. .. -:17,!1:23.87 · Chttk :11123f2009 -·3330 GallagtJerFlnrmdAI Group, Inc. . · . APK111i,J•rna-alfiALNI,;:7112. ._. ..... .".: WEL.lSFARGOBASE.:S.SJit ·. :: 1!1,320.62 • ~1 ,603.05: :Chack .. : .:111231.2.0tQ ." ·3330· · · · ·oa~~gherFlnanth!.l Groc.lp,lnc. : liP Klno.Joro..IR!\ lNG 21W.. ··: 1'/EllSFARGO BASE· 11'159, ·· 5,320.62 .. •. ·25,21!2.43 .• "Chok. "11mi2:CIM· ... :).:UO. Ga1jlllghl!fFlnandiiiiGroup;lfm... AP I'Jn_g,.Jamts IRAAXA597 :· ·.· ··. :· · WEJ.l.S FAAGO BASE -8-459 6,.33.82 . '·18,91!1.81 . ·Check· ·1,123J2Q;)9' :·· ~:i30 ·. G;mlll!l{tlorFlnanclaiG~,Inc. : :AP Kllg,.,himttt!: IRAAGL062 .. ·.· .·.· .. · 'WEll.$ FARGO BASE~ 84$!1' .. 8,320.62 . ... \2,Boi1.1L ·:Ch81lk·:: ·111231'20~ .· ··alJO · ·· ·G~I:agherf:lnailcitdGroup,liia •. : AP Kk'l'iJ,Jamem:fRA l.BL n1. ·. · .. V!ICUS FARGO B.AS:E ~ NGD: .. 15,320.62 .-cl~32(1,57 .: ·:a,.&e~c;:: :111'23.12008 .·.-_.'3330 · ··_Gil!l.agherFina!icfJIGroi,;J::I,It'lt:•. : · ··AP K;!g, .•hunetiRA LFG 666 · ·. WEUS FAAGO.BASE- &459- 6)20.57 MO·· . . "CI'1e;k: :· ·12:131200! · · · ·'3-465· · G.alhtghar Fm!llndal Group; ln!l.:: WELLS FARGO B.A.SE- M59· · ..sPur... : · · · · · · · ·· · · · · · · · · · · · · · ·:.s,lCIS9: · .... 1,300.00: ·l,IIOO,O. (o7oi ..mi • I'PJan ...M-IRA JP1 !l62·. · · ·• WElls FMGO MsE~·Il459 (622.96 . . -1! ,360.79 ·:c:11~ :·· · :12f.J.I20.09 :.. · · 352.0 ·. · ·. GBiiiii:QherAoll;l"tl:lilal Groupo; ~ne •. : :: · ·Totol $Amooh1: $59~75.00 · • AP Jonn,M-IRA LNL~ · ·;. WEllS FARGO BASE~ 11'159 1,Gon;P•RI.IRAWBSi \Mill.S FAAGO 61\SE' 11159. · --!a PUT-.". :. ::· ·. . ·. . ·. : VltEI.l..S.FARGOBASE..:.U59. · · 1 ,3<6.71 . . O.Otl-. .-!l,571t.O!I-: ..JI,B1l.09 .. . APGotd'JI)f,_Eio--tRAJPt062: · · ·v.ELLSFARGOBASE~B<&Q ··-7,BSO.M·· ·Check : 12!.31200&: · ·. ... 2543 ·· · ·aallaghei" Flrutnd:iil GrtiUp,lnc.:: ~:~~~' ··Check ·1213f200S· · ·35-43· · GI!Jllagtu:or Flrnlndal Group, ll'lc•. · · : PP Gqb:::trt~~~r ,BD-fRA. LNL 26A · . WELLS FARGO BASE".:.. IJ..$:50 ·. -Chatk ·.ch~ · _l1f.)I2:0Q:Sl-· : l;zr..r.zoo'!l: . ::.'ls-4"1 ··;3543 Gftllagher Flrlailo181 Group, InC"<· · ·aldlaghll'i" Flrum~ar G~oup, In·.::. ~-.:;:=~::~~~::.. ~-~=~;~~~-~::;~- Paga47 311  : :· ·:· ·:. ·10l.r,(JAM RETIRI;MENTVALUE~ ~~C. KPiAP Gct~~.SI)..IRAfliJ :iBQ :: ... Weu,S·=;AR.GO SAs!:;:..:au~ 951'.01 . ;.' ,.'.' 3;82$.04.':·.. 4 ::Chect.: ..... "121312C-09 : .J~: G:aiiHI3hQt FliJIIIllQ.-1 Group, I~ c.. ..AP Got~:Mt,BD-IAAJPIIe:J 'INELLS ,AAGO BASE_-M!IQ _.· :·· . : &5?,01 :: ::-2,1171.03 .. :Check. _ .1213.'2-ll.O!lo :3543 · Galiagtu~r Finan~ Ill Group, !J111;: . AP GDtrt!~,BD-1RA~GiL OB::F· ..... Vv'ELI.S FARGO BA$E- 1459: .': : · 957.01 ... ·~1.QIH-.02 ·.·. ·. : . -••·-•·-··- < f~E .': ·: .:: :.Chei:k:.--:.-: ·. . - · - 15t ::: ):> ·:Ch"'..t: .. :-: :: ::.:·121312009.: ... 3547 .._.. ~E ~~:::~:;~~::=:::~;:. G.r!lllll;;h.,-rAnantilal~,'lflli._.·:. : :'121312009·._. . ·as.i7·.:::GeHagtl.erFlnantiiiGr=l.lp 1·!n"ll.:·..... ·• ·• • -• -·•·:_ • .- ·.- :- _ . . . _-_ •• - _- - -. _ • ~;il!~~:11t ..· ~~;gg::~::: •· .:.Cffllrrt:Jrm!oe&Cha111aVilti.IWirm.i1{67.S1 11i!.fC:).:· · ·iot!J.~~t::l!,OOO.OC: : .. : . . 4 . _APV1rl.Nonn:~~n:,J&OW899;·- ·: ·APV•.r~N-crnu•rt,J&C.IPI002:.'. ...... !Nf:LlSFARGOBASE~a-4-15$ ..V\IEll.SFAA.GO~E:.B-459 -·:~~:~: ...... ·:30o.00 .. aoo.oo · s:aeo.~ .- _. -5~:g: ·:· .. _....AI,.SOO.OO:.. :·.'"',000.00·· .· --- 11QO%) . · .· .·.ilt~ ··::· ·~~. . . ; ·. :. ·. Cf'o~c\ .· :- .· ... · _12f.!J20D9·.· ... 3~7 ..... Gal,Ja:;t.~Fln•nQ.II Graup, in-c.·:·- . Ucenl!l:f!fl: ... '/tJlVIli NOfr'l'l;an,J$.C LNL26A ... ·, ...,.''AiEL!.$ fiARGO BMEM s.t!i9 .... 800.00 ~ .·. : ~.,2MJ.OO: .,1IIil:i ~~,~- l=:t~ . :: .Ctiecla; . 12110!2009:.· ... 3677.' .·:..:-.Gi!llagll~AI'tai-u:hi:I'Group,lno.·: >-··<-·': · · ...... ·..·re;.tal.$aiTXlunU1,100,000 . . . :APAU11H1Ctill!;itTruDI:lNL7-«1.". ::·::\r'ii!LLSFARGOBASE:~8459. ·. . . . . . . . "14,3-DO.O\l·: ..... ·-i14,400.00.· Ch~· · 1211012~09.· 3f117 ::-:Galll~l!fF1nSiidii!GfO!:lP inC.·-:···::. ·: .: .UCffltle-e: S~enF&t!km'l{3%). · .·_ ··APAflenCh!!ftTrutitSLA338 · · .··.. ··Vora.l..SFARGOBASE~M!S~.·:.:: .... : 14,300.00 · . :"1D~,1DO.OO: ~~= ~~I==>~. :~~:; .::;>:2~~~::~~::::~:~~~~::-<< ::-:·:-cqmmiMom~: .. . . . .:·:·:·<--::~~~i:g::r~=~~::::::: ::<::.:~~~gg~~;:;:.:::·:· ::.· :.:.:.,:=U:~:gg:: ~~:~:~:· . ·. Chae'tc ... .. 12/f0/2009 ·. .3671: ·:: .Gsltagher Flnftnclal Gt'DU~, In~:.:::> · :A? Aller~ Ch.~tr1Trullt ?U i&c. .: . : . : . :·WELLS FAA~O BASE~_e-459·-.: ._ ... · . : J4,3~.\IO: ·51,200.DC. ,. · CI'Moc5:·: · 12110/21J09 ~. : 36'17· .· <11'1~1"1ghet' Flni!tnc!el GrDU,!l-, !ru:,:.. · :/J.PA!Im Ch&1 'tru. 7!-0.00: . . . 1,560.00 . : -1,58Q.OQ. :\\£U.s FARGO IJA$1"! ~ M::S9 . : ctulllk :-· ··1211012000 ·: ·: 37tr9: . :.GBH•I;Ihat' Fl11e.ndal GtQI.ql-,lnr;..:·. . . . Client; Nan..y She.oMMker IRA(B7&t.-.8<4S) . :~ · ·· ·· ·· ·· ··12J1012D09 .· J:tOiil .. : ...GIIl.m¢11!11'FI~a:nc:I&JGmup,lo~: .: ·· ·· ·· ·· ·· .. ·. Tol.el$:a~mounl$12,000. AP ShiiWm!IUr',Nithcy IRA LBL ni· AP Shawniak.cr,N1111=Y IAA PU 14-C: waLs PARGO SAS:E -IJ.4.:511 7~0.00. . . -780.CO:. . 0.00· ·. ct\kk · ·: Choa~ ·. 12.110.12009 · · · · · · ."."1211012009 · 311:~. crr11agh• Fln1.ncild Gl'ouf:l=, lrr~ 3112" . . "Grr11agh.- Flna!ic:l•l G~OUp. ~nc. · · ·· ·· · · · · · · : ·: .. c;rrent Stm1.1-ol Sh~Wr'J"na~e!' IRA(G76l~D) . . . .. 'M:US FARGO SASE -M59· AP Sh8Wtnalu:ot ,&t~riRA ~U a-sa -SPLIT-:. . WEliS FARGO 8AS:C: ~ 84!!1 flS1.60. : 3·,4~.00: : "--3r4S8.00 : ·2,7W.oo· · ctw;.k · · · · · · · · · · ·. ·12.11012009 . 3712 · Gallagher Financial G:oup.lne. 'tatrrl $ 8rnQ>.~i'll $28~600 · · · · APShi!IWrM"ke:r,$amiAA:JPI183 .·. .WELLS FARGOBII.SE-B-4!HI :· e.;..oo· : ~:t!j07-t..ao . ChecJI : . ·12J10120Mi ·.· .·. 3712: .. "Grrllll!llghl!r Flni-ncial Gr«,!p,II'IIO. . u~~o: St!W~ FAI!"kefc (3%) .. APShtWml!lker,SilmiRAAGL002: . 'INEUSFARGO BASe-I!JI5'9": B9"1,BO . -1,393.20 . Cl"lec~ . :t2.11012009 3712: G!!Jiaghl!r F~nrrndaj GJOUP,Irre.. ·.. . . CommbmOMII MJShlewme"ke-r,BamiRAlBL n1 ·. ." WEllS. FARGO BASE·S-4~{1 . :· B91.Bt:J" .•m.eo.c· . CMc~ : · ·t2J~OI2001 · · .·. 3712: · ·GI!I~:aigher FlnaE:Jcial G~, Inc, APShi!IWma~er-.SintdRAPU 1-40 .· :MLLSFARGO BASE-64M. · ··ar;1~: O,OO· · Checlc · · ·12.117~0$1 37.111· Qalleghat Flr:usncli& GIOI..IP, Inc. Y'IIEI...lS FARGO BASE~ 8465· ·...s?L.IT~ · ... 3·,~o.6a: .. -3PJ(I.IJD:. . ."Cheo:~ .. "12fj 712009 ·.. .37.1: Gallliyhi!f Fll'l&fH':IBt Group, h1c,: .... ci~r¢ J~stny Ch11mb~ IRA (678~~31)· : .. N' Chambe111o IAA Uil 7-1!2 .. WELLS FARGO BASE • B-4~ · . 850.00' • ...J.250.oo:. . Cheol G""'P· '"'· .. :. TD~I $ afl'IO"IInt $30,000 : N' chi~ IRA PLII1~D .·WELLS FARGO BASE· 8459 : :1150,00' . ·2,601l.DO . . ct. a.::~ .121171200S: :S7~': G"'U~gher FJn.~;~;n'*" GJoop: In,.·· UI)MMI!r: WM Dnldii!II;M"J (3%) N' Chollibm IRA PU 930 WELLS FARGO 8ASE, 1459 .. : BBD,OO: ...1 950 DO .. · :· Ch~ .......... 12JHJ200S 37o41: . Gllllla~erFimmclol Groop1 1ne.· · ·commbtill)(l$ .·APChamborw.IAA"JPI183 ·· \1\f'ELLB PAA.OOBASI!-8-459 .: 650,00· · ·1:loo:oo · ·Chec~ -12117120();1 37-41.. Gallapher Finoinc:ial GrouP:, Jnc-. A? ctnrrt~benr.IAA AN152.1 WElLS FARL30 SA$E.; IJ.4$!il.. 650. 00. -6;5Cl,OD .. ..... Chao~<. 12J17/20.CW :: 37•1·. GQII:aeherF"lrland;J! Gfoop-;~nc.·_- APChambera IRA PU 1-i-0 . WELLS FAAG.oe.ASC-·84!!-D 6:5D.oo:· ·.(.1,0(1· ··Chee:lr; . :121171200S 37-44· · G1llagher Ar1•ncl~ Groop-, 'nt. · WELLS FARGO BASE ··14!9 · .SPUT· .,. · .. .. · .. :11,200.00 ·il,:!DD,OO .. ·· · Cl1ec-k:. · · -1:Z/17J200SI 374-4." .. Grrlla_aherFiruu\dal Groop;rn-e. . · a1Mit Ch.ar1t& &6ie. Ke:tu .. {67~·1~529j AP Ko\llcp&:o JPI 062 : . . ... W!ill.S fAAGO ilA&E • 8459 1,600.00: .. . ·-s~GGO.OO .. ·c~''* . ··12.11712009 .: ."37~- :c•ll~erAmmd11l ~rnuptlnc. .. Tnt.!$ •""'"!"t $7Dil0<) . : N' K 64!9 1,600.00 ...0,000.00. . ...a ....oo.oo . : ·: foP 0...~ JRA·L}jl782 WELJ.S FARGO BASI<·11459 . 800.00 .. -1,600.01)": . :. Ch ..k .12117r.l00:11 ... ::.'1763 .· .. Gllllfs;he:rFJnuJ:J~I{?rot!Jl~lnC.:·: APO.....,J.IRA~GL062 WELLS FARGO BASE·M51f. . 800,01:1: .. -800.00.: . Chook . ·(211712009 3763 GaiJB:QtiM Fln;~~ndal Grwp, Inc... . AP OW...~ IRA Lf'G ~ 'M!US FARGO !lAS£' 114... : -1100.1)):. · .. o.oa Che-ck 12.1231200$1. . .. 3$00.: . : GIIJI!IIif!ef Ailandal Groop,lnt.. .: . WEU.SFARGOBASE·II4~P.. ..'-<;PUT.'.'.'.'.' ......... · .. · 4:000.0<) . -4,000.00 ·. "Ch~k · ·t2:12312009 3600 ·.· Galklghe.: FlnaQdW Grt~~.~p,_lnc;T ·: ·Client Bob 6·J1n.e ThompRJn (G70tu.546) · · : AP-Thri~on,BJ kFG QOil. . . \VE.U..S FARGO PASii-IJ4.:5SO· : a.oo.oo .. .;),200.00 Ched< ·1212312009 · 3600 · Gliillgh-et Rn11ndlll Group, Inc:,:. . T-Gtul $Amount: 25,000.00 . · • N'TllO"'fl"m,s.IAXI\346·. .. WEltSFARGO!lASE-845~· :800.00:. . :-2;400'.00 :. . Ched< ·1U23/2DrMI 3815 : · : GelllghefFliland.il Gr00p,:ln0;·, : APMorlow,F LFG 1n· . WELLS FARGO fWI£,.11.;50.. · :·;,ooo.oo ~,900.00 Ch:tok :12f23J2009. 3815 ... G:sR:aghet.. FlmiiOChl! Gn:ll.rpo,.IM... ..PPMar1-cw,F PlJ 1.CO. . . .. WELL.SFAA!40 BAB13.-:84.59: .. 3,900.00 0.00 Ch~ok ·12J23f.2009 31.128 · · · · GIIU!IgherFinanchtr Group. Inc. . _INEI.:..LS FARGO BASE.:. ~9 -sPUf-; :: . . . -8,000.00 ·Chect :12!231.20PQ. 3928. . . GIQ:~~~~orFllititriclat Gr0up-j lno.. ·c~i.;.,rt; Sh~~Y & R:Qul Q~~~ (&781-557).: PP Qulll~.9 W ar>a .. '1-EU..S FARGO eASE':'·M~O: ·:£,650.0Q ·-Chl!!oi: 12123120MI. · 3828 ·.. ·. · Gdllghl!l" Flrianola~ Group,:~nc. Tot.!$ ..,.,.,n1: 50,0~0.00 .. .. .. · AP Oo•dm.S AXA826. WELLS FARGO SASE' II.!S9. ·5,200.00 "ChOOie. .12J23r.20C9 · 3826 · · · Ga~lltltrFit"l-8nolal Group, fnc. U"""'oorW..l>o~doon {3.00%t . APQuadroi,S Sl.A 338. wal$ ~AA,GO RAsE~ MS!I: '<,!150.00' Chocl: .12123J20rJ.9 382& · · · Ga!lt~er"F1f1d.!1cla~ Gro-up, Inc. Comniie&lon . · APQu.mdroi,S LFG 008 WEU.SFARGO BASE-.M=-a. . .. '3,900,00 • -Cha-ck · -12!23120.09 .3828 . GaUughlir Fifi.a.ncla! G~fl; 1n~ : APQuali'oi,SAXA 3,..-;:. . . WEU.S FARGO £1.6.SE~:M=-9. ~3;,150,00 Chook "1212312009· · · · 382$ · · · Gall;erghor Fli1anda~ Groop; ln~:~. fiiJQUa~,S PU 11"80. . \1\!EUS FARG08.'\SE~"M5-9· -~2,6tl0..00 . C~k · 1212.312009·· 3821 · · ·: GallaghiJor FlnanciaJ Gr-eup, Jne. AP Qoodi'Os,S LFG 2n WELLS FARGO I!ASF6450: '1,950.00 ·choc~; . · 1ili.3120CJ9: 3828: Gall~rtillir All-llllldtdGmJp,·Tnc: .. : AP ou;d!Oo,s AXA 728. WELLS FARGO BAS~· M59. :1,300~0 ChKk 1212312009 383 .. Glllllraghar.flnanc;j"aj -G(Qt.lp,:Jm:. M' O~t~rdtDa,S LFG ill3: WEllS FARGO BASE···MsB· oG!D.OO ~flck. 1~009. · · ;,5.28 · ... GrdlaEJlrlr l':lri~n~al Gf1X.IP 1 .1rr~,. . /IP Quadt~,S PU 14C. INEL.LS FARGO 9A$E.i·N59 MO 121.'!3/200S-"." · · J.8.# · · · G~lli!~;iliM" An~ncj"lll Gr\1"41 1 lnc, . WELLS FMGO BASI< .mg. . .S?LIT, . . . . . . . 11,960.00' -111000.00 Chi!. . ·cMct Chocl; .12!2312005" · . .12.123J2QOS:. · · JB-4-4 · · · · GaHaGiler Financial Group, Inc. 31-4-4 Galfagh~ FlnanGial Gr~.·lrcc .. o: Cli..i: R~bb~ Si,~·IRA (~76Hl~it. T-otel$ Brnoimt.$92,000 .... · '.1•1' Shivo,R~RA.W 1$11 :foP Shllro,.R4RA lf'G ooo. . lo\EU.S FARGO BASE; 845D: · IMiU.S FARGO llASE • 1<151 -10,7&5.00 . 'il,S&I,OO Chool< 12.12Si200!1· 3844 GaUAghltf Financial GI'QUp,lno. · "UCOMei!: SI:I:V~tt~ F~~ki-111 (3%) : .. : PP Shlve,R.-n!RA LFG 009 · · V04ti.LS FARGO BJI..Si:i .. &4,;.: . -8,:172,00 Chfloii · ·12JZ31200!l : ·: 3-8-4-4 .... Gll:lfagher Anan~al Group, Inc. ·commlss_lons:: · ·.. APShtvejR-!RA~8Z5 : Y¥al$FAAG08AS~,;·8-o4Si: . ·7,178.00· : ~.s. ~~~~ ~- .~9 . ~5.930.0.0 Ch~(lil: .12.123J2:0'011:·: .. ·;l:B-4o4 .. ~l!.~a;her FlJ)ancial Groop,-lr.c.: . /4P SMYe,R·fRA U'G 762 :P• .oli. 313  ... .. . .. . .. .. .. .. .. .. . .. .. . . REirREM~Jr VALUE t~~ . KPK~ B~oks • 02121113 Paymen~ ttil.ic~~~ee . . Def~ndants ••• . ·. . . . ·· ." r.iaRih 2009 !hrouliti r.iliCti 20ic ·· -- . · A!i. (;h.el)k .1212Jr.!a09. : 3&44 ·: ·Geflaghor Fl~'Ulltlcllll Gtaup, lnik>·.. . "1-PShtve,R....JAAPU 980 . . · \1\'i:lLS FARGO BASE-a-15!;1 .:....t.7-H.OO". ~ ·12t.2:3120~: . 3&.\14 GltlilghotFlnllncfJ!Group 1 1no.: /JP"Sh!Yi!I.R~IAALFG1ft1· .... .. ·:. ::.\I\'Ell.9FARGOBASE-=SJI59 ~MU.OO .. Check. .. "12/U/:200.SI· 3&« GaH-IIghl!t'Fitl!lnci•IGraup,lnc> /4PShNe~,R-IAAPU930.". .\'aLSFARGOBASE-So4S9 ~2.an.oo ·.Ch-eclt ·· ·12!23J2009. 38« . . . .Gitll.!.(ltll!iffml'lncli!!IGrOUJJ,Inc. ~.Shl'ie,R-IRAAN1521.. . ... :\'oiEL.LSFAA.GOSA$1;;-M~S! •1,196.00 · Ch..ak ·· :12123/.2009: . :le-4.4.. . Ga11111ghef Flnancl;el Group, Inc. . . . NJ" Shlvti,R·IAAPU 140 · ·. :· :· WEUS FARGO SASE:~ !JI59 . ·: 0.00 "Cheek . _-121l::l/2009. . '""' . . G~!•fll1orFlil•not•l GroU)>,I".". · · · · :· :· · · :· . .. . . . waJ.S.FMGO 8.'\SE~MS&.·.• · · · · · · -SPliTC .· :.. · _·_- ·.:. ·... ·. . . . . :&,9.J.5.2-!! ·.:e,s:~as.2a·: · "Chool< . 121l::l/2009 36oM-· G•ll•ghor Fln•ncl•l Gtwp,lno.:: . · · · · · Cllont:···:WEUSFAAGOB.AS&-M59 .·· 1,367.06 . -4,161.18 . . :Cileck ... :12./2312009: : · 38« · · · ~I:PJghM" Fln1111d!'li Group,lnt!... U~M~SI:evenFeeken (3%) · · · ftPGIIIap~D.G-IRA"AAA 72$:. ·:·. -:·. V\IELLS FARGO BASE~Mss· · 1,3!1?.0&. --2,n.4.12: :Checlo; ··: . ·12Q312009 . 38-46 ..... Gftjl.t'lghl!'lr Finl'lnGl;~~I_G~p, Inc... ·. ¢ornm~ . . /lPGI~Uiit,G-lRA L.Fc;;; 113 ... · ........ VVEL.LS FARGO eASE· -04:5-9. . 1,387.06 • .'1.~87.06 .. Check ·: · :1212312009 · · ...3~ ......GI!Illa;gher Flnandal Group,lr~c. ·: ·· ·· ·· :· ·· :· : : APGIRatp{e,G-IRA PU 1~ · · VYELLS FARG:O BASf:::-1.4§: 1,387.06 .. MO. >Ch4J1::k . · · · · -12123f2009 ·. :· _aM II.:·. : ..~)3gtlfll" Flrl'!IIJc:i... : .-NJKemp,J-fRA.PUiS~. INE.l..LSFAAGOBASE·6459 · 3,172.00 . . ~12,6&8.00 .. .. . :Check: · :12r.i!J1200f .· . 38-4-8 : . : .Galt11_gherP'Inander Grou;t, Inc-.· NJKerTf:,J.lAAI..FG 5G$. vte.U.S FARGO BASE~ 34!i!li 3,172.00 . . . ....•. :9.510.00_: . •.·:C~ool<_.·_· .121231200~ :__ .31148. :Golo¢11irP1non2.eoo.OO ·2.~:g~ Cl1ecl: _12!Jor,rom: ~71: .· :GB!iogher F1mindul (!hOup, !nc,: Clh!:tlt-A:Dnn~ M. P~;~pe (67;ei1-5-G4) · · · · · ·: ·: ·:: · ··N' Pope,Ron W 599· . . . · ·.·. WEU.S FARGO BASE.~ a4$9 : 6&0.00 . ·1,850.00:. "."Ctli!Ck"." .1213~09. ·· ;1{'171· GallDQh.erFlnln<:iafG:o.uj:l,.lnc,: Totai$.Amol.lrrl:2-Q,OOO.OO .... ··pPp~~RI;)l'II..FG1o40.: ·· WELLSFARGOBA:S:Ei~~-4fi9 :· 65ol!O · · · · · · · · · ·~1,3!10.00 .. . . Cile-ek:: :;2/J~og·.·....:$871 .Gitllll~tiFl!'lanelalGt®P,In-c.: Uaa:ni:e,;W'ffl0._~{3.DO%). . · ··J.I'Pope,Roo.stC33B . : ·:.·: WELl_.SPARG09ASE.~I!-45"9- . . 6!50,00 .....••••. _ _ ,00_ . . ·:C11111¢k "12!.3012009 .. ·3~71: Gtdll'lgh-M~anelai:G;roop,rn-e.:. . Oomm~ . ·· ·· ·· ··.··APPope,RonAXA34S :: ...... · .·. vtnlS.~ARGOBASE·.8"59- :· ll!iO.DO . . 0.00. ·.·~lflik . : :12130120~ ... 387~ · Gi.OI!ir;rh~r Roanclel GI'OI.Ip, Inc.. · ·. · :·. ·-:. ·: · .. · .. · .. ·.. . . . . . . :: : ·. ." ..... .". . . . .. : · · WElLS FARGO BASE ·8-459 : . : ·.: · .. · .o.SPUTU:: .:.:. ·:· :·: ... ."." ·. . . ·:: . : 2,GOO.OO : . . . . . . . . -~2,600,00 . ." C~ooll . 1213012009. ·_- .". '1674 · G>ll•l>'l•r Flnondol Group, In<.. . . . : · . . .· Cliont Rooky D.Popt{G1SI-M4) · · · · .. : . -A.P Popo,Roc W ft!>!l· :: _.. _. ........ ""'U.S FARGO BASe·; 11-459 . ·· MD.OO . ·1,950.00: ·CI1aek · · ··1V30Q009 ·. ·J.874· ·· :G:IIII~~:Dnw-Aoa~ci•GrQUp,lno •..... : :: .:·: .. ··.·:.·· Total$ftJnoi.Jnr,~,ooo,DO ·: · ·· ·: :. : APP~J"~,Qoe;ljt"G740.·· ........ \1\12USPNtGdBASE·;M'9 · ·aso.oo ·UOO.oo: .. .--.c~oIGr"'-'Polno. :_." :· .... ·: IJ-o;W..O.vldlon{!.OO%) _-. . :. :. ..... A.PPopo,R>CSLA3:le.· ........ WELLSfAAGO~E·BJ:~t :. :~:;:5:~~~:=::~s:!~~::::: : :. :·.:; .:)·~:::: :·: ·:~~: .: Check . . :. :. 1?n0J20\l9 ·· .. 3917 · · Gs~:mgherflnancill BrQI.Ip. liifW:~ ::. : .. : . : =: =: .: .:·:~ :: :: ·: :: : :: . Client Jl!'ril~ E. Ml!ldbl-t-n JAA(6111-199):. ~ -~·-: =: ~~~E~£1:;~:59·· . .. .Af' Mattiw011,J-IFtA PU 1$$0· · . . ·: ~f-f~g~~~:;·~~~ . "WEllS FARGO BASE.·M59 . 6!;0.00 ... ·, ~s•.oo . : .. :1~53-(.0il" 7,670.00· · · ~50:oo • .. o.oc. · ~7,67MO . . ·: -6,136.00: .... Ctutck.". : 17Jl0.12(]Q9 :· : 3917 . : .G1~1gh'tr F.triandal Grcl.lp, Inc, : : . : . : . : ... : . : : Tobd $ a,"~nount $59<000 . . · · · AP Mediton,J-IAAA;V. 597 . "MLLS FARGO BASE- 6459 · · · · .1 ~534.00 . -4~1>2.00. ·_.::Che:ck: . . .... :"1213012009 :· :J917 :GullaltJ•AnanclaiGroupjln(";,: ·· .. : .. :.: :Uc.n:llea~ StevmFaa~e-n·(J"Ao) · .: ·· .: /JPM~dhson,J....IAAAGI..062. \VELLSFARGOBASE.·1!45~ : .. :1,634.00 . ·. -3,0BII.DO: .:. CM:ck · · ·. · 12/3.0J20C9 :· ·:· 3917 · ·: : Gll!lll~trAn~trid.JI GroUp, lne. . . . . Cotrtmls&lart~ · · · · ·· ·· .. ·. · · . APMadlson,J...IRA LBL. 771. Mll.S FARGO 5ASE· e:45.i · ·1>5M.OO ·.1.5a-I.OO .. :·:·=:::. : :: :: ~~~~-:: ::::rr.;·:;~=::~:~~:~~=~:=:~: . : : :..:: .:.~:-~::~::-:;~.:,:~~~i~~~-l~~e~-.~~)·c~-~-~~~- . ....... : ::: · Qlent Jewel r & i::il:!ldra HodQes (6781·~)·. ·: ~: :~ ~~~:~AA~~~~~:· AP Hot;lli)ft:!!., ~&s W i!~EI9 ···:·:·=-~~~P.~~~-~~~: : .: ··1.5 ~:0Q ·. 17,airo.oo> · ·· ·• :l~m: D.Do •. . .:. · · Ch;Ktr;· · · ·. ·· .1flf.!01D :: . : ·_:: 31M-4 .. : GaliR;he-rfNnr.llir Gnlup, TrKJ... : :: .: WELLS FARGO BASE"w 8459. · · · · · ·: · .. : ·1,m.OO ··ctJm · ·. · · 1n12010 ·. · ···lM-4: : · : Gafllll;fh•rFlmln;;:ll!l G?oop, ~nc. . .·... . · ·. · iD~I.$a~$138,1JOO · : · · .....· 1>-P Hodgftll, J&S HtJ a14 · . · :· · WELLS FARGO BASE.·. 8459 :·: . : ..... -1.71lB.OO .. c14,1«llO..·. ··~=:: :· Chide ::~~:~::-:· :-:-:~::! .:·-:~~=~:~~=::=-~~=:i~::·:.>;-:. 11112QHI .. · ... _._ :JM4. .. .·:. Gd:sgh.MFln800BIGroUp, ino, ."." . :: ::. ::-~-~~~!~~~-~3~}: ........ : · · · · ·:·. · Hodgr!:e~, Jft'Net T&Sandr~ (B7-6HiS-4)Com~m:: ::- .. ·=::~==:~:~~~:.. AP Hodge-mo,_J&G · MMJ 0~£:: . : . <=~:~g=~·~:·::·: :: : .:.: :'AEUS FARGO :BA.SE;_·-Il-459·:. . :.~J::~ _: -1,766.00... ~IU76.00 . ~1D,.fli(I8.DD . .... ,&4-[].00. · Chack 117~HI : ·.... 3!t« .. ·:. Gall~er Rn:dl'l~DI Groop, in-c .. :: :·. : H'IXfsrD•, Jewel:T&.SIIndnl {6711-594) Comrrdu.kl;t~;a . . ....... AP Hodgeti,J&S PLI9!0 ·. · :· · ·\I\IEU.S FAAGO ~11•.Slt:.84~: 1,76!>00 .·. · · .J,on.oo. ·:· Checl!; 11712010 :. ·· ·.· 314-4 · Ge.h:ghar Finahclol GrcUp, Inc.,.· . .-Hodgfli, J~ T&&mdl'i!i (671i-1-59o4)"Com.~ns... :. . :: AP KodQH:,J&S LFG 272.. . . . ·: .·v.nl$ FAAGO SASE· M59: ..1,7ei.OO . "'i~.oa :: Check 1ni2C1G ·: . 3&4-4..... GU.•Qh~r Fh1:llncl.ill G~ 1 1n~. ·. ·:·Hodge$, Jawal"T!iSandri:J i67:!1·59-l~ C:omin!M1:on~; ·. . AP Hodgc~;,J&S ~ 729.: .. :: :·IJ\IEU.s !""ARGO BASE >~511 :·. 1,761!1.00 . -"3536 00. ·. :: Clle.ok 1ni2G10:·l: ... 3:Q.«" ... ·.· Gi.hghfr Flnlndal O~P.•.ll'!c.: . : ·.: · .· Hodgtilil, J.w.i T'SaJ1dnl (E17o!1Hi9o4) COm~M · AP Ht~dg-!s,J&B lJ+G 1153: · ·. · .'hEU.S FARGO SASE.·>•a.l-59 . 1,158.00 ~l:7aa:oo. . Chocl< 11112010 · · · · ~94<1 ._. ::Go Higher Flil•nclol Oroup,lno. ·_.. : ..... :. HO, JOW!i TJSJ!ndro 167li1~51M] Co,.-m!...,,.. :· A.P HO9611 : . . :G•DoallotRoo•dotOroi!p,lno.:• ·I>Jion,DovldL{I701-654.00 ··.·Chtclc · · 1f7/2010·· .·.·a,9$0 :.Ga.Jh!.lfltrrFhtlnt:hliGm..rp,lriDL··: · .: .: .: .:Men.DIIIIfdl.{6781..S12)Cotnl"tiatibtt:a APA,j~n.Of:'ll140 · .· . . . .. ~FAAGOSASE·&.4-5ill.. 650.:qtl .·· · . ::.:MO. ·.· Chodjor~~o!G"'"I',I".·· · · ." ." ·· · ··.·: · ·· ·· ·· ·: · WELLSFARGO~E,o.l59 :-Sf'UT~· ·· ·: ·· ·: .-· . :· 7,154.00_- :- .~r,uo.oo ._. .Choolr 11712010: : >017 .. :. Oolloi1!orFlnooobit: · Check·. :1n12010 . .29-Sd Q.allagh'""Finflndl:!l Group, Ina:·· APM11irtf!,ll'll,L-IRAMM~ In$ \1\!ELLSFMGO BASE:..~59 · 6,102.00: ·24,001.00 .. · Cbtdc : . .... · .. :. ::1rrJ201D :lS$-8: .. :t;;~II"-Qtl.l!'lrAnancl.aiGrtJup,lr~-:::· · AP M•rqul!l.L--IRA PU S-90 ·'MaL& FARGO BASE- $-4-ssi · 6,162.00 ·IB,m.oo Chtck .. _1n12010 39i"B:. _c;;~lht(ltlerrlnflrlch~l Group, Inc.-· · AI' MOrqiloz,lARAAXA 729 · .WELLS FARGO BASE -1!<459 : 8,182.00 ··12,324.00 .. Chtck 1flJ2010 -~~:SI,I. -~·"··'~~Gh~+Fin1!1(1tf.a.l Group, Inc...." .. · APMarqu&Z)....JMLFG 1liJ . .WELLS FARGO BASE"-e..t5Q·. ~.1$MO ~152:oa·· ·. Check.. "117/ZOHt ·:Jess: .GallagherAn11n.cl:al Group. Inc .. ,.. AI' MOrqlloz.I.~RA PU 1~0 .. 'II'El.l.S FARGO BASE···a.45~ . 4,182.00 ' o:oo· · · Cht:~~·.: ·1n12010 : :·4016. . :·G"''Ia;h11rAn1no:lal Group,lnc... . . : : . ·. .. : : : · : · :· ·· ·· l/lai..S FAAGO BI\SE- 8459. -S1'UT-. . . . . . . . 1,133.28 ....... : .2.27&.06 : •2,278.5$:· . : Check·: .. 1n.12010 · :-40'16: ·:. :G.:!I!IIIghl!rF'ln.anclal Grotlp.ln.:," · · · Cllelit Lynn. C. Johnson !RA{B7!1-l!IDA) .. : APJohnson,t..~lRA LFG 1ZI;;;: WEU...S FARGO SASE~8459 · . .·1,1311.20 .. Chaok::_ ··:.1nJ.Z010 ..· ....4DiB. ·... GallagtJt~rF1~11nl:ll11l Group,!f1c.·: . :: · · · · · · · · · · · · · · Tt~taj; Somcunt.$1-4,2::2ll.49· · ·· . APJ~m:DM,L-lRALFG566 ·. :_V\IEl.LSFAA.GOBA.sE-~5-Q·: ·1,131.26: . 0.00 ·:Check·: _1/'1412010. · · · _4028· -GialhtJJhllrFln"nd:e.l Grou:p~ Lrll"f.· · · · · · · · · WEll.$ FARGO 11/1$~·-8459 .-$Pl.IT-. .. . 1:,326.24 :· . ··1.3211.2~. . Check·.. . ......... 1/1412Q-10. · .-4026: ·: ::QBII!IgherFlnanclal Gmup,l.11c.: · . · · C~mJt: ·~ephen· e:ci1n I~ (B7!11--43Q) : APCaln,s-IAALSln1 WEUSFARGOSASE+9Ji59 ·· 66!.12 -M3,12 . ::Che~ck::. · : :111<4-12010: ":4028: ··. ··. ·Ga~lgherFlntt'lclal GrDUp.ll'1c, .. · · T~~~ $ ~ll~.F~I:-~10,2~1.07: AI'Caln,S-IRAPU1of(l· .. :·WEUSFARGOBASE·845~. .. 68~.12 . o.oo: . . ·: Ch-eok·:· .. :111-4-J201Cl: -4059· .. :GIIh{lhaf F1"111nc:i~' Group, ~r;. . . ·. . v.ElLS FARGO BI\SE • 8459 · . . -SI'l.IT·: . .. . . 1:!oj'*'·OQ . . ··19,1l00.00 .. Chi&Ck. . . . · . .1/Ht20.Hl . 4059. .G:d!lgtJer Fln.!inclal Group, 11ic:-". . Cllo . . Chact·: ........... 1J'I4m!1'0 . .-4059: .GI~!Igher Flnsndal Groo~, Inc.·· · APDunn,H-IRAAXA120 : WEUSFARGOI!ASE'I APFoi~,C.TRA0 IRA ANI 06!1 :: =~:~g~~:!~: WELLSFARGOBASE:B41>i. . J,m.o~.· 3,571.10. 3,671.10 :-3-2,13~.90· -2:e,:Ssa.&a· . -2U~7.70 ::O~e-ck.-. ·1/2112010 4108· G~laghtrFinllldi!ISGri>IJ'P",tnc.·. ·. ·. "C9mm"'-!QO:II: · . AP ~el~,C.TRA0 IRAAJ9 3,571.10. ·-~1 ,.426.60: . .· Cll&r;;k... . ."1/211201Q · :·UOS:.. . Gllllabher FmandafGrOOp-, ~rn~.:: .: · · · · AP F~bi.C..TRAD IAA MMI 02!!- :· · · ··· · Vr'ELL.S FARGO BASE .. B-459 3,511.10: . ~17.1155.!50 :·.Cf111<*.·. · · · · · ·112112010 :·4106· ·Galla&fl-erFlnand~ GI'Otql, frw. . APF~lx~C..TR.ADIRAPU980. WEUSFAROOBASE.-841551 3,671.10 ·-14,26HO .. · c~e~ ·· :112112010: 410fi: tJtllagherFlni.nd!ll GrOUp,lt'tC".· · · .· AP Folb<,C.TRAD IAAAXA 12~ ·: WELLS FARGO BASE' 8459 . 3,571.,!o· :. :-10,71:3.JI;J · :_:.Cbl!l.c:lc. :. . .... · .. 1/2"!.12010: ··-'106; ··Gallai;ltu!t FJn:alldal GrOup, ~M," · · APF~b<,C.TRAD IRAIHG 15J. ·: .: .WEl.l.S FAAGOBASE-1!<459 3,571.10 .. -71~220 C~O APstalford.TRAOIAAMMI ~.·. . WEUSFARDO BASE.-11459 :: 5,200.00. . .'28,1l00.0C: ·.·.chllllf;·: ......... ··112H20lD .· :•10$1: ·:-::1311'h'.!lgbl'!r!=inl'iilclalG~,"Ioa.·· · .AI'Stolford-TRADIAAPU sao. :: :: WEU.SfARGO!IASE'8459 CC 5,203.00· . :·20,1'100.00 . ·:a,od!;:: . 1121.(.;1(1(0: ::. ·4109· "GBIJa:;h:erl=lnftndaiGroop,IOO.·.c:·· ·AP Stolford-ffi!\0 IRA AXA 129 ·· ': · WEU.S FARGO BASF8459 5,200.00 . -15,600.00 I'P Slailford--TRAC ~RA lNG "15.J ...... INEUS FARGO BASE- 8459 . 5,200.1l-O · . . ·-10,40-0.00"" ·:CI'lQ:· .· . . .:.:1121Q0$0 .... :410:9: "G!"Irl'!:ill-!rRnandrJGroop,lno-: .. ·:Ct1~:: :·.··.:·.·· ·:112112010 ··: ·4109·· ·· GBllai,"tl.erFlmmcla!Grwp,lnc .. ·.· APstolfoh>.TRAD IAAlFG !83: .. · ·:.WELLS FARGO BASE-8459 .: 5.:1t>:I.W· -11,20MO· :.Cf"lto*· . . : ...... ·:.112tf.L01D .. ."-4109: ... Giill:tgberR"il~cialG~,Inc.··. APSialforo:.TRAO IRAPU 1<11 ·c WELI.SFAAGC BAs~'""" 5,~0Q.W · ·o.oo ::Check··· .. 1t2V.lOID ot-114: G11Uzish•r FirtA!'I.:::Ial GJ""OIJfl:, II'IC::· · · .. . . . . . . . ... WELI.SFARGO BASE-M59 . .SPliT··· :.·.·. :. ·. ·. · · .. s,ell'i.G9 : : ..Srl9SJ:i9.· :c:h•.;k. . .... :112112:0HI ·:.4-n:f!: ·:. Galrl!lgbOrflrnlnc:ial~roup~lno;:.~ . ·: .. ··.··.···.··Cllent:Char1e.sC.Va!1Norman.TF&d,RA{671H88D) APVonNonnon,c-TRIIIi IAALl(Ei~ :: WEUS FARGO BASE· 8.159 " .1,649.5+: · -0,249.75. . Check · · ·tr.l'1aG\Il · · 411' ·GBlll'l~ilfFinl!l.rll;l!ll Groop.lno.· · · · · · · · · · · ··iota!$ 8fO(IUJ1l.$61,S73.04: · · · · lAP V~nNonriail.,C.TRAO IRA IJr.A 1t.;.: WELLS FARGO BASE.~ 8-459 . : .1,64-:EI.:BS . -8,599.1!0 : · .: C:he!Ok · · ... ·ln1rzoto . -~1.14: Gillh!igh!!rAmlnd .. I-GJ:oop~ Ina~.", . U~iDOe: w_. NeD Galagher(16%) WVilnNortri~n,C-TRAD IRA PU 98-c :: VW::LLS FARGO BASE.• 4<4-5SI. .1,649.95: -'1,949.65 ·. ··.·.che.t«·:· ·· ·· ·· ·· ··l/21/2010 · 4114: GaDagherAnancia!GrDUp,Jno~:. .. .· .. ·.:· .. C .·2,&00,00 : ·:·Che-ok -:· · 211112010 4354 Gal.llgl'lM Flnae~clal Group, l-110.:. ; AP S"to:fl!ly,J.TRAD ~RAAGL 130:: ... ·: WELLS FARGO BASE~ 8469 · 2,ollO.oo· · . :D.OO . Ch&~k ·211~120l0· :-4m:· :~~~~~-~t:F~~~-c:l~~-~r~;ln:~ •.:: WELLSFARGOBASE-845t. : .. c: . ...SPLIT·: .. ··· :-a:ooo.o~ : P"'1"W 315  :·: :· : : :· :· . . ... . :· : : : : : : : :. . . . .. 10:~AM: '021U/13 .AccntQI.BMic : •R~~~=~~i!t~~:~~~~ti::e~d:~:s• .. .· ' . . .· ·Marcil 200& through Maich 2010 • .. . ..... . ..... - --~ N111?1: .Ntari*. ;;.;.~ ·.· : Ch~· · · <211112.010 ~ ~ ~ ..4~2 ;.: :oallagharFini.n·ltl~l Grou~,ln~~: Cliern:Jarilh Faye M•.h!I_Ft~JAA (I'J781-T28) :: APMarBotii,J~R01111RA I.U U99 · WELLS FARGO !SASE:- ~59 1~.oo·. · · · · .a·-4i:lo.oo·: · · .·. ChKk ... _2J1112D1D: · · :4W2. "Giill•gfiar Flnftnd.al Grou~, lr~c.: Total $arnouot-$50,000 . . .. · · APM.atWIJ;Jr-Ftol'H IAA LFG. m.:. . VELLS r'AAr30 SASE- a.45g .. 1,600.00 . -e~e.-oo· · . · · Chook . . 2J11rn>1 ~. ·~ ·G~I•u!lor Flnon~ol 1) AI' Mur.OIIiJF-R01H IAA AGL 7ilL :· ViaLS FARGO BME-!459 1,600.00 '. :. . . : Comm•n · .,p.p Martin,VPll 140 .· : ::·. :·. ·: 'NEU.S f:"ARGO BASE-84E9: ·. :sr.o.oo . -s&O.oo : Ch~ 2J1812010 : .. .".4-41Q:: : G~~ogherFJnatldaiGtoup.h:;r:~< ··: : _: .: ... :. .. ·. · .. ·. . .· NI'M;~rtln~VAGl.13Q: :\IVfllSI"ARGOBASE"-009: .m.DO · .. .. .. .. 0.00 ··:·cheek. 2/1812010:: ... -4.1i21. ::.Gahgtu:..-Finllnci•IG,c.up,lr~o. ::·· : _: : .. : .· .: .: ::-: :,.:c·,·· .·· WEllSFARGOBAS!:·B-451l ·:...SPLIT-··._-.:.":·_-_-·.:.: : : . .. .. . ..... -~3,900.00 · .. ·' :'.: Cheok . . 211&12010·. :.. 4<121: : GollaollerFlnondalGr«Jp,lno...;.; :.: .. CII.ntPotorMIII'MIBnl-7$1). : AP.Montln,P?UOB600.00 ·· · · ·, · ·, · ·, ·· .:: .-:. Check_· 211'81201:0 ·." ."." -4421 .: : _GIH.agflerFinanelal"Groop,1tn:-... :·. :. · :. ···u~11: Sl!Ne!1,F-ee~~{3,DO"'-') · APM1111Yin,PAXAC91 ·· ·· ··1NEU..SFARGO BASC--&4-S:EI· _ . :GSil~ . . . ··. ·-1,Y~.OO .. ,.· · ''~~; ·• l"""·: . . . . . . . :Ai'Vol!ght,R-TRADIAAAGL7~l.. .' ... 1\E!..SFARGOBASE-M~Q .... 1,391.00' :4,:lola.OO' .Chock·. .2/\6r.ro1~. :#W .. ·aolooll.,.FI"'nclo!Gn>up,lno. .:·:: .. : . ' : : : . . . :::: .. : . .' ... .'AP\Migl\i,R-TRAOIAAI'L/900 ... ::::. \'oa.LSFARGC8ASE.·H~9 1,391.00·. ..-4!,96~.06· : _:Chectr; ... · :211EJ2010, ···........W· ·· ·GIII~&gherFII'l.llndLidGr«~p,lnc, .· . . · . . . · ·· .. . · . . . "MJWlght,R-TRADIAAPUCI30··.: .. WB.l.sFAR:GOBASE~M511 1,~91.00·" .·.: :: .:--5 S64.00 1 · · ~· · · · · · ijj···~ t~~~~· .. Chaup,l"". :·. AP8mllh~NEJAAPUHO: :: .:WELLSFARGOBASE-M5~: .... 2,018.-111 ..... · · · .. ·.·o.oo· . .":" : ChQilk· .. 2t2~120l0 ::_:4509 ··:.:Ga.U~dJerf:ilrlanci8,Group~·lnc._.: . . . . 'IM:llSFARGOHA$€~a45o9 ... ··:-SPLIT-:._:: :: : ·· : : : : .. : .· .· .. :·.-·1"a,ooa.~· : .: . ·13,000.00· .: ·:. Chodc · : . '. :!rn/2010 ... :. 45¢9 : .. GoijoghorFlnonol~ Group," I••· :. : .. : . : . . : .:CIIo•tl.dit.o50 _: ~.779.50 ·Chec;e.". · · 2!2512010 . . . 4-511 GrillaW!tlrFirmiuia[GrQup 1 !ne.: .: .: Can;mfssloo• .. . ... :· .. :APJonfa,B-TR.ADIRALFG117·:_ ... lr'tiEUS FARGOBASE~a.csg: ··968.50:: . ~,li-11,00 Cllcook'. :2f25f'i0l0 ··:: _4511 ._Ga!laghei'FI111rlldt~.lGJnl.up,~lle.: . ··. ·:··,_-_ASJJonft:,9-TRADIAA,LFG2-48::· :.. : Wfl.LSfARGOSASE-:~£9· .96$~-- :: ·--4,842:.50 Ch~k·. .21261201.0. ~n · GDIIogherFinan!it~lGra-up,~n-c .. :·. · ·· ·· -P.PJooet-,8---lR-'.DIRAAXA'iW:'.:. .-.· ..-.·W'ELL.SFARGOBASE"":S-459' .. 008.60. ···~,b7-4 •.PD': _Ch~~ : 2!2512010.. . "4!lil1. . : "Gallagher Flmrn~si Guup,ltJ.c:.·. · :. : APJoo'!"-,8-TRAD IRA AXAct1,.·. ·.· .·.· 'r6.lS FARGO BASE,,;:S-45~: . . . 961.50 · · ·' --2,90$.!50 :- -~ac:k · 21251201tJ·· -4511 .. -Oal~allherFinahd!(~f!liJP,Inc,_-_ "APJt»nM,B-TRAO~~LFG18~ . :. .' :-:·-:·.~~AR.GOBASE-8459 · 968.50: · -1,937.0_0 . . . . . . . '"' ······ . . . . . . . . . 316  :1o:•o~M RETIREMENT VALUE, LLC·KPKF Boo~ . :021Zlit3 Payments to Licensee Defendants. ·.- :A~~~ _BUit :Chec,l; · :ChecX : ·r- . D_Ne• ~~~~ll~her (16%} AP GOIS.Q.l . Ga:Uil.Qhlll" Fin'nc;:laf GtQup~ In~;-. : : . Commbilons·· · · · : · ·M> ""tvh~odth LFG 183 . . ..... · WELLS FARGO SASE -IJ.I59 : · :1,300.00 ... -2,600.00. ·: ·chi!U · . 31-412Q10 .·.· · ~. i;;a11-agtus·Rt•n~ Gtoop, !nc.:. . Al'Pmvlo,Jodlth PU140 . ·. WEU.SFARGOBABECIJ.I59 .. 1,3n.O.OO. : -1,JDD.OU: :CM-;k: · 31-412b10 ·· ··:o4804: GohgherFnmd&Group-.~nc .. : · · AP PllMa.Judifl:; AGL 1l0 · . . WE/.1..$ FARGO BASE·- 8.459 · 1,300.00. . . . . . . . . . .. . 0.00: WEU.SFARGOBASE~Ir451i1 :::.SPLIT-·: . . .. · . . . :J4,7so~e -J.4,7Btl.2ll _:COOQ.k·· 31-412010 ·· ··· ·.46Q!: Go!l~~':f~lll1da!Gt~,.lne:.:. . . . . .. : : : : : 3,47M1.. . . . . . ... . . . . .c31,:102.27 :·Qe-ct · 3J.412010 . .Coot GeHar/lcrAr"I"Dnciul Gr«~p,.Ent, . : Cl~ant: P.lchard W< VBONillm& Trt~d IRA($7$1-?23): AP VanNe:me,R'N·TRAD IRALFG 0•. ~·.- "WEll& FARGO BASE- 8-459 .. .. C{I&ck .: :·3J-4f201D .. : ·· ·:4801: G.all•lta.-rFinlihciiiGrOup,1ric.· . . ic-l:l'll$amoun1~17" 1 3.7e.1e. . MJ V:al'rName,RW-TRAD IRALBL 38-J ·. WElLS FARGO BASE- 8-45:0 ·:· $,478.03 -27,112~21 . . :cnQdj ·. . 31.(mJ10 .": ·:. ·. r4&l8. Galla;tierRn.-n~.t Grot

=FARGOBASS-IJ.I51 ·1B,Il00.00·: -16,000.00 .:CI1M:Jr::: :31111"2010 ·-46!17-: .. GI!Hag:herAnlricd&IGrouj:i,lnc..: · ·· · · ·· ·· ·· ·· .che-ck . . 311112010·. . -4691- : .. G.iH111ghtr Flna~d.M Group, ll'!c.: cn;,t MlltheE MoCun'bo2) . : AP lloo,,I\LTRAO IRA LFG 0e1.. . ·.. · v.at.S FARGO BASE· ~59 . 3,248.42.. ·._Chad~: ChKII. .. _311112010: ... _47ttl .J/11®10- ... 7{13 Gal.lagh~Fimi~dRJG'~X.~p;'na, :~a:ll•£tlerFI!lllncht1Group,lnll,: : Totol hrMorTI $2-!t,$75 · : U&enaee: Ron CQ!erm~n (l") ·· ·· . AP lloi...-,1\LTRAD IRA LBL 361: · ...WELLS FARGO BASEe IU.59 . . AP B111k-er,W-TAAO IRA LBl 5118. .. . . "·_"WEllS FARGO BASE-:- 84:59 3,2'16.37 .. 3,248.37. ~:~:::• ~ornm~~: · · ·· · APBah:r.W..TRADIRAAXA.335 · ·\NE.U..SfARGO.BASE.~!-4:59 3,2.48.37-· -19,.. 90.22 ::~k :: "JI111201o·. ..c1aJ... G•llagh$ffmnc•~:G~F!.rne. · Ch~ . . 311112010· -4703-. Gallaghi&l" Fltio.n~al G,f1 . Chou~ :31111201Q: :U22: · :Gallll~erRnlllncle!Group;lnc. : climt Pegg1J.. MF~er~i"rlfiOO&I.tRA(im31.&5j :. APIooM: 163,254.6t Checf: 3111!2010 "i722 ·. Gblli:llghctRnflnd•IGroop,loc. Ucenaeil!- ~~d l't. C-Gitnnu il.OO%) AP~VUer 1 P-TfVa.DIAAl.FG l17 WEU.SFARGOBASE-8-459 2,eiiHI,iU3. . -1-5:~~111.8.Q'. :CheCk:· . CtJMik . · Cfll!-~ · · ChJK:k : · · · · 311112010 . .. : l/Hf2010. 311112010 · 311112010: · ·-4722. · · G:!llh:ig!lrl!lt Fllltndt.l Group. It! c. :•w: 4722 .,._722. :G"'II.aofler:Fl!11)l)i>l;tt,l Gro!J.P..IIJC.. Gaiiii.DherFlnsncial Grwp, lno. · ·Gall~ghGr Flne.nda:j Group,.lnc-. · · Camm.ln!Oh. · AP M~llfti",P-TRJo.O IAA U"Gz-48 · :~~:~::~~~:~~::r. AP Mllle<,P·TRAD IAA LFG 1~3: · Ml MGIM,P·TRAD IRAPU 140 ··. =~=~g:= :::~:·: . 1(oJa1..S FARGO BASt;i~ 84!ir9 1NELI.$ FAROO BAS~·' i'MO · "INELlS FAROO :8ASE..,345Si il',!'i~A.fl3" ~:~::::~: 2,591.83· 2,5!:19.83· ~1 Z,99S.15 -10,399<:}.2 . .-T,79S,-4-A ... . c',19i.f'B .. -2t51i1.11.53 . Ch.,~ . . .:,1{11!20f0: :4722: .·ai!!n!lgfler fll'n~.ncll!ll Gro-up; lnll.· · .. o.~o·. . Cht~ . . . · .. : .311 112010 · ..-4722: .G~II.Ighl!ll" Fln~n~ Gro!.!Pi Inc. AP MEiot,P-TRAD IRAAGL 130. WELLS FJ\AGO BABEciJ.I59 2,599.ol: . Cllt~cll: .. 3.11112010.. . . .-4"n2: .Q~II;agher Fln!lncial Groop, Jnc. · 'JhRLS ~AAGO BABC: ."M~il .· ·:.spL.rr~·: . . : 31687.00 : -3 887.00.: . : ·APJnri_rrRiM~-~ iRA LFG_566 . MlJ..S FARGO BASE·~ ... 5& . _~,285.68: .£sa1.)4 .: ·:·Check · 3J11J2010. _47;!2. .G~Iagh~ Frn.cm~l.'?fi?!-IP.·:b:l~;.: · Clrtlnt Mar-g:ar.e~"F'.Joon T111d I.RA (6781~: · ~~lt~:l. 317  .. :. ::::: : : : .. .. :·.: : :: . :.: .: :.:::::::::.: :·.··.:· :· : : 1o>4i~At.l .. RETIRE~ENTV~LUE, L~C- KPKF. ai>oics •. . :02/23/13.: ··PaymentS to Licensee oefeni:lants · ......... ·. ·~ .ru:~-r:u.a:l ~i• · . March m9 thrcugh M~rch 2010 _ . . :: Ch-Kk: ~ . Check . . : . ·:: .·:. : :Check::.:: . . . :· :·.··.·,..·Check:··· Typo· ---- Dolo '3111/l010 :a/11N!O"'tD l'11Va010 Num·· . . 4-732 ':- : G"dlagharF~ancl.-r GI1Wp. IMC> :: --_: 4779.:. · Galloi#)O,lno. ·:.: . -· JJ18f2.QJO .... o4.7711 ·.. · Q«JJagherFlnanclm!GrOUp,lna. :- :·.. . . . · 4732 ·· ·_-Giallilll#'l~~trFIMnclaiQrO\Jf),lnc,.- ... - .- : : ~TI;Ib!l~ .$ 1-rMUOtug,;oo.. Ucenset: RtJhColeman(l%):. . . .. :c~'e!il: Jl!lc:~.&Unde.licb(:S-7.!1-$04). . MerOO . . . Aceodnt"· 'i-PJOO.e$JMP·TRA.D rRA PLI·u:O :. APJOI"tfli,MP-TRAOJRAJHLB3:).. 'Nal.S.FARGOBA.S~c1145o ftP!i-tii:ilai,J&t.I.FG117- · . :MLLS FARGO""'~ BASS.~8469 -: .WE.llSFMGOaA$1:-""'5S·· · :·-SPLIT-·::::.·:.:·.::: :·::· ·ll\a.l.SFAAOOBA8E·84511: 1,29!.87 1,295.67 · . .. .. SM.OO CiHIH. 3,900.00. . i:L.i.rca: .: . . . . ·: -1,295,67': 0.00 -3.~0.00 .J,215tl..OO .. · .: : :,._.: _-Ch~tek-: ·: ·: 311BI2.010 .... 477Eil :. :_ QallagiletRrillnchiiGr~.lr..;, · __ · · · ·: -T"l'bii.Samounl$30,000----· -· . W~im,J&LLFG248.. .:WELLSFAAGOBASE--S-459.:. 850.00 ... ~;!SbOOI):. . . ·: : .: :;... : Ch~-: _:: : : li1B/2010 . _ . <4-'779 . :-:: Glllaghti Flriliricl!!~l GrOOp, Inc. :::-.:-. : ··: :lJQeMee: stev-tfl F.cektn (3%) . N'"Hl~IQI,J.&l..ltXADB1: . ·INEU.S FARGO BAse~ t459.:. 65D,QO. . . ·· -~:'95o:oo .:·::·:.·:: . ·:.Check:.=:-: : 3/1$1;;!01~ ....._-4-n!l :-·:_~a!lk~~nl"'n-cl'alOr~,IM.::-: ··:· :CQ~Ji'llili11iii. . AP!'1Jcb,J&LAVLt8(J :-WELLS-iFARGCBASE-:-84&8 :. 650,00. . ·· -1",300.C.O ·: .. ··.·: .. ':.ChltclL:.:--. -. . 311812010 ·47{1J · ·GahghuFlnanctal~,lrl.a>_: _::_· .· P.PH1olcz,J&l.f:it.J1-40 .V!iELLSfARGOBASE~8459 · G!KI.OO .-JGO ..OO l/1812010 .._ -477'9 :_.:._G~hgl:u!lrAnanclalGroup,l~c. :: _: _: ·: :. ": -::.. -::Cheet.:.· ... : .. ·.··:.'.::.en~ ... · .. ·· :._:._.:.Check,· . ~~8J201D ::.: .C.1a-s : :: Gailll!lgh~~t:Finllincl~lllroup.lw;:._·: ·:- : 31181201D· ··.·.479-5 ·:::: Gil!lll!lg!lotfihllil"'cill~p,li10L. -. -. .: : <·· ·· ,·: APHicb,J&LJHle.JJ: '~Ja.LSFARGOBASC-MM·:~ . ·· ·· ·· ·· ·: APHanhi,S-TRAOrRALFG740 :WELLS.FAAGOE¥'-SE-!M59: ::-SPUT--: ... : .: .: :. : .... -~F.ARGOBASE:-14.59·: 85(].CQ ·_ ·· ·· :. 6\11.,2:2:-- ·:· ·· ··001.22: · · -0 ..00· ... -601.22 ·· ·- 000 . ··.:.:Chlli<:tC. 311~11):.·.: -4827 :_::-_Ga11•!ilh•rFinandii.Group-+l~o.-::·:·:· -.· .. ·.-: :. ·· ·· ·· ·· ·· ·· ··,. ·:.·:.·:. · WEl.LsFARGOBAS€.:$-4S~:.: . . :·-SPLIT<._:_.:.-_.:..:_::-_.-:-.. _.._.: : .: . . . :· :12,18-7.00 ....... ::-12,91!-7:00 . . : :.· Chl!tek· ·... ~1812010. · ;1827 : ·: G&J!.Qt!er flr!ancial Grou~.lnc.--:.,-: CJJent Jodet111C, RoblnMn Trt1d _1RA(B7B1-?27"J ·. /1P Robi~.JC-'rRAO ]RANiA 038 .. ·.·w:us FARGO BASE· 8459 1t298.70 · · · -11,88!1.3-0 .. ;.::Chool<·· 3111112 ·_-_._Ga~a~erFlrianda!Group 1 -lnc,.: , ·· ·· ·· ·· ·· ·· eomm""~ · . ··.··· •. : : . . : :·: .- .- .· • •. •. · • ~~=:~~E!:~m ~~Zl~E!:~~> . _M'Rob{~,JC-TRADIRAJHL383 :··'hEI..lS-F~GOSI\SE•.8453.. l~tE 12V8.7C ~:m:r. __ ...:!,898.10 :. :: Chedc;: __: 311~010 4-827 _-_.,.::GI~a~.erFit~llhcl!liOr«!P•mc;-.-::-·: -:.- ·· : ..... :- . . - - >> .APRablrrion 1JC-TR.ADIRAA'Vl.HID <.!1\.el..SFAAOOBASE·S-451__ ::·: '.29.9.70,·· ··: -2,597.40 ·. ·::Chid.. 311&l201Q 4!J27·.::-:=·~GagherPlmlndaiGtoup 1 tno.:.:: :.·:. · . : :. . · :-:-. : · AP.Rcbln.on.JC.TRADIRAPLI11i.C. .·:MU.SFAAGOBI\SE--8459:: :. ·1,298.70:. ··~1,2SI.70 -:. :: Chec!( . 3118aOHJ ::4127:. G.lle~.,-FI~ndaiGroop,ln~.-.- .. :: . · · · ·_ · · ·:··· __ :: ·.·APJloblilson,JC.TRAO/RA~HL8~3-·':~FARG08A8E-·8-459. · ··: 1,298.70-.· . : C.OO ·:· · Che-ck· · · · · .a/1PJJ2010 .. 04-B . , :.:. Gallagh.,- Ftn.mu;ial Group 1 Inc.:·- · :. :. : : : : : : .. : ·: · · · · · ·· · · .. ~S FARGO BASE!.- 8-4:!19 . ..-.---..SPLIT~ ·. ·. ···· : ··:- :- .-. ,: . :. .. . .. -797.50 ·.: . ·:- Ctua<:k:· 3/fl!lt20~0 · .. :. 4&4-a .. ··.:.G:Illlllgb:fll"~litclaiGroup,l~c.:::_:: _:Client: S-&9h-tt1A",Mu~le:tTnnURA{678-1--856): APMuU~-M-TRADIRAAXA091" :: "-="WEU.SFAftGoBA8&~84!io9." . . . ftQ.38 ·:.-598.1-4 .· ::Check.·:: 3!11!12010· .. __ 4Mtl: .:-:·-ta.dl!'!gMrFI~IIIndalGtooj),lnc•. :-_.: :T-ot:&l$11moun1$39,B7B" . : . . . . . APMllDMt:SR-TRAOIRAA\IlHI~:: > ::Y~~ELLSFAAGOBASE-_11.459:. : .. 1t9.38- -358.16' ·:-=Check.· .... 3118120~0. -4846 -: .. : Gal~!oghtrF"InrmdtdGrt.J!Jp; lniO',.:- . Lkanaa:a:-RI:?'ln'"P~-(ll%).. HJMuDettSR-TRAO IRAPl.l HQ: :: ·: WEU..SFARGO~-~~ . · · 199.a,8 · · · ·· -199.3$ ··· · :: Chfi:Ck.·.. 3.118J20t0 . . ··-4-8-4-e .. ··Gah=gflarFlnat1C!I!IGr0!.1p,l!'1a<: . . Com"!l1jqQO~ APMullattSA-TRADIRAJHl-6:33:- ·: ·.'NEU.S.FARGO.b,ll.,;~JI::a&4!19·:::.: ·: 1519..38 · . . .. . .· .... IUHI .· -:. Ch:Kk_·_ 2125J20fD. ·.-:49$-2": Gah·ghatiC'lnl!lnr;l .. IGroop-;lriG>·:,:· ... : -: :-: ... --~ .. :· :· .. ·:.:: .: _.: .: .: INEU.SFARGOBASE-645-i:·. : ·--SPUT--··-:·-··:·-·:···.····:.: .· .. ··._·: _: :-:1.0,92:0.0(1 .. -.10,S2G.OO . ¢h.fn:l:k.· 3125.r2010 .· _495-2.: .· Glll'l~[tler Financial Group. Inc.": . . -:: aerjl:" Lei!.ti B. Robbfh:a Trad IRA '(f:I181-71C) · AP R-Qbblni,\..~TRAD IRA LFG 736. ·.: :.: Y«;U.SFAR.GO BASE~_845!il ·,. : _·: : . 1,620.00 . _--9,100.00 .. . . Check:.·.·. 312!it2~.HO · · : · 4"2 :: GJll-!gher Anancial Grou~.ltlc,-:._- :· · Tolilll $ illm4l!Ytli:$8-4,DOD. ·: · · · . .' . · · · · · · · · · . AP ROObhl,l,...TRAO I~LBL 361. :·. :·. VVEllS FARGO BASE- 645.9:. ·: · : . : :·: 1.620.00 . . ~7.280.00 ': · .Chedr;. 31251.2010 .. -t9S-2 : Q-e!!agher Flnllrl:lela~ Group, Inc.·: ... : U¢!NI=!t:: R~ ~-man (l%) .. :,NJ ROOblna,L-TRAD IRAM.A335: ·.. ·. 'NEU.S FARGO BASE .1).4.59 · : · .. 1,82e.oo :. . , . ·--5,-4-6(1..00 ._:- . · · · ~- .. 312512tl1-D: ·::. -4952:: Gal!~~Finl!.~t:la!Oraup~ln~.:: . C11m11'1miom '· i>J'R-oobll"l:!r,L-TAAO IAAl.FG :tl1 · ·· ··IJYELl.SFARGOBASE-11-4-$ .·. 1,.S2D.OO.:... . .. ·.· ·-3,640.00 :: · Che-elt· . :)12S/2(110 . . . -4952.". . Gallaghl!r An~nr;l:tr~t Group. In~. · .AP Robb.in:a,L-TRAD IAAAVL 1t10 · · ··WELLS FARGO BAS:e:--84-5:9. 1J,2U.DO · . ·-1,(120.00 _:: ChtdL- · 3r.i!5120Hl·-- ;1952-:: : GaUaghefPlrr•rwS!a1Gfoup;lilC..: ·APRobtrf1s·""-""i'AAO_IRAPU_1oiD-· .. '.".INELJ..S.~~Gq_~_:!;•e-459. t,a20.00 :-·.· (J-,00. ::::. T~taiG~iagt.Or"~.aiGrD\Jp,ln~ . . ....... ·: :: .: -: :< :·.: .. ·:. .. ... . : :: ·_·· ·· ·· .: -: ·. ::0:· ·. ·:. :-:-·:·:_ ·.:::-·.:·.<·..:-. ·· ·· ·· ··. ·:. ·: ·· ·. ·: ~~1J,l1-t.40.. 1r-t=13,f1~.4Q o.oo :: :::~~ary),~~_._H/1~0~: ·:·.'Chao'PI: 301Q .. G11r)rJ,Litt1ftMn 11i12120Cl9 .. 31l-10·· ·· GaryJ.LE!flfi'Hl'ln :· .. ·.: .: ::::-.::.::.::. .:-·:~·::<. :-_·: CllentRobl'rtHan8tn(6781-2:!3AJ" :::- .·.:· . ;: : ·WBJ.SFAAGOBME·&459::·>:;-:;~·~:I~-::::;·:::_;.·:·:::--_:_:·.>::·~; ~:. ·AFHi!nun,RAAA&04. . : .. ::-WELLSFAR:GOB.-4.SE-&4fi:9· 3,25-(l.l)tl" .......... .. . . . . . :.32Mooo' :. _,2,£00.00 ... . -2~.250.00 .:.·Ch~ ... :1111212009-: ::.-3(l11J::. ··.GaryJ.L01lo'flan . Totai.S.Amountl25,~.00. : . . -APHI!Irmn,RW899. . . ... WE1.LSFAAGOBASE~4<4-5Sf · ·· ··3,2ij0,1)0· . -26,001l,QO ·: ·._·Ch~ .. ·· "11i121200!t.· ··. 3\110:· ·· GaryJ.~!Ihtn·_· :-ucQri5a-e;~.ryJ.Lenl!lhan(10.00%)::· :APHame-n,RLNL740 : ·.·· ·:.'NEUSFARGOBASE..:.!J.459. ······3,"2:5Q,Oil-·· -Zl,7i)l).00 :: .Cheol!: · ·11112120M: ·.· .. :!:010· ... GaryJ.LIMlthtn _. .:-Cutnl'l"lluTor( .. . . . :APHan:&M~,RING201. ·· ·· WELLSFARGOSASE-8-i-59 ·. ·· .".-l-,2~,0"11: .. -~9.500,00 -:· ·check. :11/121200P..' ·.':J010:.· ... GaryJ.L.etu!IJ,an· :APHari'l!-eil,RLNL782 ·· .. WEUSFARGOBASE.-84Ml. ·. :. :.3._250.00. · -1G,21i-0.00 . Chid: > : · :1111~09 _. · · 3010: : OJry J. Lenahan: . . -AP Hanten, R PU 930- . . . . . Yt1E1..L9 FARGO BASE- U~rlo- 3-,20:0.00:. . -~3 1 DOOJIP ·. -----~ -Check . _ _:::~~~=~:-: :>:~~~:- :. ~=-~~:t:~.:~::·: : :.f1t12f20Dtl_ .. ·3010 · GaryJ.Uinll.hl11· -: ;:-_::~~==:~~-=-:: -:- :. -: :-:- : ~~:g~=~~=~:: ·· ·· APHarn~ftfl,B,SOO.OO : ,,,2i)I).OO MC -:Ch-Kk · "1111212009- :·: l-010 ·. · · Gf!~J, let~ilh_~m .. .. . .. , , · · · · · · · · · :AP H:~msen~ RPIJ f.40. . . . -: ViiELls FARGJ.O BASE ~·8459· · 3,250.00 :·. · ChOck·:: :11M/2009 : .. 3073· ·· GttYJ.Lenth"': · .. .. .. .. .. .. . ':'Nal.SF~GOSASE-MS9,: ::-SPLIT-:·:.. . . . . . : : : 2,o10o.oo : · · · · · c~.4W.oo · .··.Ch~ 11/1l,r201i-9 ·:. 3073:· :. GsrrJ.Liln:ah"l.l"': . · ·: CII-Mr.t.R.ii!HirtHanai!11-IAA(6_781-2~3)· ·/tPKam~;en,R-4RAJNG20f · ··.::· ·:· "WalSFARGOBASE~-tl459- ·: .... __ 61;10.00. · · · ~1 1 81l'O,OO · ·=·.Chee:k:,. · :11/13!201i9 ." .". 3073 . GaryJ. Li!!nahal1: _-· .. : :: . :-Total$ Arnoont: 24,000.00 .. ·. ·.: :. . . . . . . . . . . . . . . , . , ...AP Hi:r.r;m,-,R-IRAANI e5:2. · · ·. _. ~8 FARGO BASE- 8-459: -. · 600.00 · :C1,200.00 · __ Chetk · . :11N3.r'2009 3Q73: . GI!II'"J' J. Lenahan· : . : Ur::emt~e: Q.ary J.le!n_ahen {1D,i;J!1%). _. ·...... ': . : · ·, .. , ....... "AP Ka~",I~-IRAlNL7i!2 ·: ~S FAAGO BAS !iii~ 6-t~!f,.. :600.00: .. '---600.00 . .•~·-•· ··~· .-~· ~f~. ·< 0.110: ~~e;r~r·..----~~~0:. ~~~~'~(······ ···~• 0.00 ....... ·o.oo ·· : . 0.00. · · ··o.oo: . . :c.. o.oo: .·o.e~·: :Volllr'2010 :· ·.:·:~565 · :.··Gai)'.J.L.-tnahan.. ·. . -. . : ·: vo·lo:Mt.L41nilh.-nlsnQW:~~-~h101rt~ctP~:~dlan~dr:omni!.~.". :-J!POOu:;f8e&,C~oa~-- ·.··.···,.·.·, ~$FAAGOBASE:~4459- ··· O.DO. ·Cll~:~Gk · · :li~010. :: · .. '."<4:5135. : _. ·--Gaty J. Lenl!ihan_. · · · · · · · · · ·: · VOlO: M--.1.-l!natnm ~n~:;c!MIIn Dlrect:Pay.-dl!lflg.td colilri•..~- : H' D«i:;JIIiil-.c L:FG 183: · · : · ·.· Wlll.LS FAFI:GIO BASE~ 8459 . .·: o,oo·: .. o.oo.:· .:Check_.· _: i!l4r.i!'D10 :: ·:·. '.-ot.565. :_. ·.GaryJ.1enahan ·· · · VOIO; f,t-, l~riah:!!n.llnowo~~cltve lil Dlrt:~PlY:-c:ha~~d IXIl'!':l!'i•~._._ : APOor.l~M,C PU 1oiD. . · .· ·: .· 'lf'ell$ fARGO BASE:- 34tilj!_ : . 0.00. O.W:. "Chm:k . · 3/-4120'1\1" · , -4583 ., ... Gaty J. L.et,al'lan. VOJD; ~. Lem_hln biC:21m~.acthre In Dl!~ot.Pay- otr•t~!il~ to S!".H : !MiU.-6 FAAGO BASE .. 8-4~{1 · · · .·: .·. _.;s~UT- :. . .. · · · ·: · ·. ··. ::· Q-.~ 0.00 ... ... Check.: : .. 3f412Q-10·- ·::.-:.ot-583"_ .. _CuuyJ,~n~hari .. -Clfl'lntThom~~IC;DtYoan;(87!11-:f32)·:··:: ·. ·: -:-.-.- . . . . P.PDeYoung,TLFG091:· ._ ~SFARGOBASE~a-4-53 : ~-~ . O,PO . . "Cheo~~;· ... J.I-4J2[1f0-._ -4563 ·Ga~J.Ltmal'11l.n· lotal$amountf~&o.QOO :·. · · ... :··: .: ·: :::.-::: ·: .. A?DaYoull=Q;TlBL361 ·-'": v.-EL.LSFAA~OBASE~B-4-59 -0,00_ : .0.00 .... Cheok ., . . .. ::2J412010·:· .:45&3 ::.-Giv)"J.leillfl•ri:_: UOW;eer:Gt!YLerur.httn(1Cl%). _ · ·_ :-·.-·. ·.-." · :APOtYOIJll-(I.TLB~D1fJ.; . ~SFARGOBASE-78-459: ;o.CD-. . : . O.PO .. -Check.· "3J.412010 .. "-45113.: .::Gil!ll"YJ.LWhon--. CPmml»>wi-5 · .. -.:· ·.··.:. . ··. :. :.:: : ·.·.. :, .: .: .:. : ·: : :APO.Yal.Q'lg,TI'AAJ35. WEL.LSFARGOBASe~·84!io9 .: .0.00 · ·o.oo·· ::·.:.·ct.~. : 3/.. f2010 : · ·.-' ·4583 ··Gary J. Ltn.111h1!1'1. VOJD: Mr. Leor~ha11 ~me active IIi Direct p_ey~ cli-dngadto- EF ... · ·lAP Dri'fDUI' ~59 : O.OC · o.og·· Check · 314/2010 : :.,c5a3 . : .":Gary J, L1!11~h~. . .. _.. _. .".VOID; Mr.LimahEin becama a¢ve fi);Oir11et Pt.y- ch:lm:;itd!tn ttF ...... APDeY-cung,T AXA 091 .. · :-wat..s-FARGO BASE~ 8459 1).00 0.00: . :. Ch~: · · · · · · . : . :314.12010 . ·.:: .::-4~ ·GaryJ. Lmah«l_ ·· ·· · · :: . :_:.VOID: Mr. Lui-r.ah&hb-eralrnft.activeln Dlri'I-I:!:Plrf.:'.;;;i;:snrJedtD EF•.•.. APDtiYou"g,TLFGl$3." · .: . ~FARGOBA.SE.-:-&.459 ....... 0.00 ll,DO:. · · :Ch~lr:. . ... 314./201D·: . -.--45$3. ."GartJ.IAirilh:W'r:· ·:.·.VOID~Mr.leti&httn~rneat:tivelnDi~PIY.--chl~dtoEF ..• · . APD-ftYounJ1,TPU14D-- ~FAAG:OBASE-a-.U, 0.00 .. 0.00 .. ChOleic·· -ll~tD · "t4ES3. .·: ·:Gai)I'J, Lenah:llfl· ... VOID~ Ur. len1h.. n ~me::tictiva In Direct Pay~ ci111"'1ged to iEF..·• AP. DeYoon.;,T AGL 130. \fi.ELLS FARGO~!!~ ~9 · .. 0.00 ....... , · · ·o_go · .. CjiftO!..: .. : :.3/4J2Q10 · ·• ··:EfT .. : .. G·o.-,.J,l.o<>tl>Ol\ .Jh-C:O.YOIIIli(67aH3Z)C<>mmlalon·' WELLSFAAGOBASE-~~ ... ·-sPUT-: . . . · .. .. .. .. . ,:15,000.00 .. _,fi;ooo.M· · .. C?r.ac:Jr :- ·. ··3/.u-2010 , , :EFT. ::· .. G~rryJ.LAioltum.. · Con:tmialan · · · · ·. · . APO!!Yoong,TLFG~!-1 .. \\IEUSFARGOSASE·4459 · .. -1,S.OO.OO . '135090F · .:.Check.· .. ·:.3J.j.J2010 ·.·-'=-EFT thryJP E•ono,S lNG 1GJ ·.: wai.S FAAGO BASE,8459 .,1,000.00 ·.en.,.;;: . 111.v.101o. :. 4049 . Sid E. e•..,.:. ~cmn:du!~~ · .. AP Ev..-,&,S LfG 18J . ·: INEL..LS PARGO aA5E-:U:55 . +500.00 · Chec~ · · : ~9 : $d ~ EvSni : o.neat: ........... 112"812010' 111-4f.2:010. . 4155 .. · . Sid Iii. evan •. ~:7~~~ 5 ,~ 69 > ~tP.-R<;;OBASH45i --·- 2 ,roc.oo . . . 0.00 -2,SOO.tlo · · Cllcot · 1t28fl010· · · 4155 · ~dE. E.va1111 ·· Cll.. t~;idw·~~~.t~;ll~(tm1~&J ·/>P Duuyno~.D-mAD IAALLI 0!19 ·.: ·:1/l'liLLS FARGO BASE -8459 ~0.00 . -2,0:00.00 _:41!5~-_.: ~==g:=::::rN~~~ =m~gg:;~:=: ~~:~ C11oot·· ·· ··11'281.2010 SldE.Evam: TiJbll $ Amount:-26,000.00 . -1,500.00 ·: Chec-k·. 112&12010. .. 41!55 ... Sid!;:, E:v.iK U~"': Ski E, EltBM (Hl.OO%) -1.000.00 ·: ~e.;f;: · · · · · · · · · · 112&2010· .... 1!i5 ..... $1d E. EVIHlS .. .commission. ./>P D""""'~,D-mA0 IAAU'G 1113 . ::WELL$ FARGO BASE -8450 · 500.00" -500.00 .· :_ Chec'- · . · ·. · · · · · · .1t2812010 · · · · 41!95 · ·Sid E. EveM- .. APOU.l'ftl•):[,D-TRADIAAPI.J1;40 · ."."WEU.SF.AR.GOBAS5-&.45!3-: . 500.00: a.o~ . ~P~~~~~S:~,k5 •.•• , ~~F~~tisAse-~g· ·• . Cl'll!'~·: . .". : .... .!· .. 1/28fl01Q. ·-·-4206 .·SidE.EVIm!I·- -2.1i00.00 ."Ch&el: · Ch&ct· 11'26.12010 ::-4.2QB ··srdE.EWM .. · · · · 1t;;!812010··: · · · -4201· ·· ·Sid E. Evans· ··::.·· .. Cirent:.Ji!me H. CrBpp.eft Tn~d UtA (fi7BH147A) .. T~$amount$2!S,OOil . . . ··APCt>-,J-mADIAAPLfOOII: .. :lll'lillSFARGOBASE-8400... .:500.00 Soil.OO· :· -2,000.00 -1,500.00 :Che-ck." ..... .. · .. ·:. V281.201D . . :-4l011- ::sldE.E\IVlJ. Uoense-e: Sid~: ~:ten"~~ (tO."'-). ·Af'Oroppvi~TRADIAAPU9lO·' '' .. waLSFARGOBASE-8459·: ~OO.oo:· .-1,!1QQ.OO <: ~20J ·: .::Sid E. E..,.: :M'C"!'I' ~~FARGOBA$E-ll'5!1 .• ~00:00 .. : -2.SOO.OO ~=< ··.·.-~:~~~:. ·.···:~~ ::=:~:~=~:: · · Client: Donold W. oo..;yn•~ (U70l.fl28A). · · .:M>Cuoeyn•~.DWAGL 76V, ... ·:,·.:;·'.waLS FAROOBASE·'84110.. ·. · 500.00 ·2,000.00 ChRl ·. Ch-eek: Chect; · . . . . . . 21-41?l1 0 . . 2!-41.2010 . : +::257 4257 : SI-ll E. l:vi.i-.a : "V-412010 :·· ... : +2~7 . . : Sl~ E. I:Y.!n•: -Sid E. evan11· Tobo0$Amount 25,000eOO· .. UL'ciiHII~ Sid 1:!. E!VIII"'JIJ : Com~oo· (~0>1)¢%) . ~=~:~~:1 . >~:;:~g~u:: . ·AP Duuyno~,OWLI'G 163': :·· . ·:c.' WELLS FARGO BASE -!459 : . · ;::~500.00 -1~.oo.·· -1,000.00 . -500.00 Choo : ·lll'lillSFARGO BASE -8459 . · :. : ·.'GP1.1T· : .<. · · · · · · .. -2,500.00 .. · Che.:k:· ·· ·· ·····:V-4!2010 . ··-42n · :·SidE.Eval"li' . COiontLov.fOIICOJeCtt~eiiT.odiAA($781~7). APCtmppef,L-TRADIRAW895il. ::· ::·INEUSF.AA."GoBAsE.-i-469. SoQ,oiJ · . : -2,DOD.CD :. Cheek· .. ·... 21412:010 ·. . ·: 42n :Sid E. EYIItl•. :roi:BI $ al'JlOI.Brt$2S,OOO: . ·J>P Crappoii,L-TRAD 111AAXA 1. . :: ::IWW-S FARGO BASE~045~ : 500.00 · -1~.oo· Ch.,.;;:: . 21-412010.. ..4277 . . . SidE"E•Mo .. u_.. ,, Skf E. E~ (10%) :N> Crappel;t.-TRAOI11AlFG2ol3 ::·:·:WEUSFAF\G09ASE'845t · . 500.00 -1,000.00 ·:Sid E. EVon•: · />P Crappeii,L-TRAD 111AAGL 7aL ·' ··WElls •AAOO BASt!- 0459 :: · ·.: 500.00 .. -500.00 . Chock... :. :. 21-1!1Q10. · ::4277 ~m~l~r:;~ ... 0.00 Check: ........ 214mna .. · ·:. 4-2n .. .std E. E~tani.: AP Cr8P!>'II,l-TRAC1AAAXA.Oi1 . . INEI.l~ FA!IGO BASE- 0459 · 1500.00 :: Totf-1.9dE.Evllni." 12,500.00 ·.: ~.:.:~.ti~-~~-~~~: . Cf1eet.: · 8J7/2009 ··.::1l04 .. : ~3-o-4- ·.:si.R~ti-ie~~ljn~~.~t6 ·: Sr.RcrtlrenwotP11nl'ltr1i,LlC: ~d;{67n~M)CammiHloo·.·. OUMtThcma&Sflt~rooBtiLdy wat.si=AAGo~E: .. ~59· AP~AGL73l ·· :·· ··.:··...sPLIT~·-.·· . . . . · Vv'E.LLS~ARGOBAS~-M=-Iil.·· · .. . . . . 600.00 s,ooo.oo . · -fJ,ow.oa . ---=-,40(1.00 ·:Chad!;.: ·· ··8(7!21)09· ··1-304 .. ··sr~Rf:6~t:~:!Mtltl'l•nnet"i,Ll..C :. .. . .. :. TQ"tai$Arnwnt:5D,OOO.OO ... :: .. · .. : . . "AP8r.!dyAXA8CJ.4:· 'A£LLSFARGOBASE-~Iil·. 000.00 ........... --4,.1!00.00. Check;_· · .·_-IJT/2oot ·. · ·131)14.· ·Sr. Rtlit'6met"Jt Phln!'lm:a, l.1._0 ·: · UCfllstt:: James· PoeJSr. RISII~ament Pf.IU'!nfl'"', U..C : AP Brlldy ANI 85-2 .: .· ·. · :·:v.rm.LS f!AAGlO BAS~~·· 845-9" . . .. 800.00 · . . . -4t20(l.OO Check; &171201Ji · · ·1304· ·· .. ·Sr. Retitl!lmmt PI-IIIJFO~, U.C :· ·Brldy(6781-54)Corl).mm:lon. · APBI:;Idy LNL 1n ·: · :· · -~l..J..S .fMGO SME~ ~~9· · · 60.0:.00 . . . ~3,600.00" .. Ch.,.;;: . WrlOOS ... ·. ·1~B4 . : · .. :s,, RollrJO"""'I PI........ LLC :: BrOP BradrT11A~61· .~,=~ ~E-~U5~·.:.:::::.·:::·:·:.:··.~~~~~~-~-~~--~~~::: 0 .APTengvtHAAU1Lfn· . · .. ·· ··:·WEU.SFARG08ASE-a.45S::· WEllS FIIRGO BASE- 8459 : :......... ·: 000.00 · :OQ.~.: ...·..... ::~.2.CO,OD_::.. .. ··.·.32,•(0it~i· · .. -600.00 . ...... ··-l2,.c!::· :· .. : ....... :;..29,180.00 Chack.· .:. &12112009 1457 Sf, Alltffamet~l Pl•hnut~;·LLC: :.. Total$.Amounf:.270,000.00 . ~T~.!!Ql.1~J-IAA AGL 73L · · · .: INEU.S FAAGO BASE-.Q.4Sg J.2o40.00 ·· -25,920.00 :.· Ch~k. . . 1!11'2112009 ... :. 1457 .. : Sr. Retlri!!mt11l P!ann_.,..-., U.C .·. . .·.. Uc:en.a.!11!: J.!me:~.Poef.EU. Retlrei1'!Uitl Pll!l"''lifJrt., U.C.: ,AI=' t.~Sil'QUet-IAA.AXA 80•L ·."WELLS FARGO BASE-:dMSg·. . . "J,240JlQ :: ..... ·-22,6&).00 · · C.h~ ·. · · 8.12.112009 ·· ·. 1457· : Bt. Re!;lrtrnOnlPiariMr~~, tlC : · . Teapue-IRA{67!1-4SI) COmmilalon ·. :. J1..C:ITAftQV&:IAAMAM 06[1 :. : · ·:' · · · Vo!a.1.S FAAGO BAS!.- a.4S9 ·.·... . ·:·3~41:1,00 :· ....... :..!9,4-40.00 ·:·Che-Qk·: ·· ::8121/2009. ·: 1457 ··... :.·Srd~fltlrerriflnl~•nnef-,U.c· Teapu~IRA{6751-59)Com~lon·· · ·A?Te~e-IAAAGL6SL· : :::-::::. IM:l.L.SFAAGOaAS:!!-B-4!iiH·: ·.3.2-40<00 :: -16,200.00 ... .:·:·Ch-e~: · 31.2112009. ··1457· ..... Sr.Retlretnlln1Pfartriefi,Ll.C .::. .. Teagu-...IRA(&751..fiB)ComrnMIQn N'Tea~~IRATRA281: : : : .·· .:WELLSFAAGOBA$E-M59··... ·· .. · 3tl'o4D.I» :.· -12,960-.00 · ···Chec-k: :: !12.1~009· .. ··1457 .. ··&r:R,~~rtitntPian.(1mr:,UC -:· · ... Te~g.~triRA(tio!1~9)Camn"!lnlon ·p.prelllgue-rRAANIIl52: : .:: .:: :::.::WEllSFAAOObJI.f;Si-M59·· . ·· ·.:·..3,2...U,Oa :. -9,rn.oo··.·· · _-_·Choolr : &'21tiOOY·. : 1~S7<. .. 5r.Rt.Uremrm!PI~~e!'I,Ll.C .. .. ···"·T'IIa~~IRA(S781-5Q)Ca~rrUsla11 .. · APTelilgu&o~RAlNG20f: ·· .:- .. ·.. ··"lrYEU.S.fAAG06A$E;~Wi-9·· · ::3,.240.00 .. · .:G",.«'o-IPJ\(6181-!S~)C~on.. .AP.To-111AOML-: ·: .: .· .· ::WELlSFAAGOBASE'0459·. "3,2~.00. .. ··:::. 0,00 ... Ct1a-clr B/26,rlQD9 1481· ··.··&.Rettror;mrtPI.anile~,LlC.:: ..": Garril!!lf-IRA(B711$~}Cor:nrn~Rloo· ·~FARGOElA$E~~~Cil ::·:.::::-..sPUr~··::·:::····:.:: . ::·:.":. .·: ··.··.· .· .. . . . ·:11,852,4-4. . ... ·~1t,I!I~M· ·. Ch11ek. ~9 : 1481 ·· · Sr.Relirrrm&ntptj~ers,·LL.C ·.· · . . CUe.ntR~rtA.Gardner~IRA . APG•rdner--!RAL..i'IL 165 :: ·· · 'NEl...l.SFARGO 8,1\SE~ U~9 :· .. ·:. · .··: .. ·.: ..2,370.-49 ·. . · · ·· · · ~9,481.&5 ."."_Cf1&0tl Bl26f.2009 :.·ua1 · Sr.li:etii-e.m~nfPia.rir1er$,UC:.·:· · .. .. ·:. ··.·· .:.·:: Tolai$AmlluntQ8,770.J:!··." ··: : .. :. :. :: : .. :: ·:-:: :_: .... -::. APGir~lflf--tAAANiM2:. . .:'NE.U.SFAR.GOBASE-&4-!!19 . 2.,37lt.-4R · . ~7,f11.46 .. CJ1~·.·.. "8/2SQQIJ.g· . . . 14211 : $r. ~~hlt!ntPI:~Inn~i"a. U.C .: .. ·..:.. : ~o-:.;J~:~..-.d PoeJST. Ratloeirief.t Pi•·~·mm, UC (l~JlO%): ·. ltV' Gli.rdn~~IRALNL 002: . . . . :: V\IElLS FARGO IIASE·~·345il' ·.· . 2,a70.-4V . : --:4,7t10.9~ ·.' Chrlc.ll." . !126tl0C9 ·_-·. 14-tU" . ·sr. f:i!eflrtHJMnt PIIOntrs, LlC.. . . . : .. ~er~IRA(S781-55}Comm!~on : . :· · · · .. . . . AP G.ardner-IRA.ING 2!13 : .: V\lalS FARGO BASE- M!5.9 ·: 2,370A9 -2,370Jit .:.' CMdl.. !!126f.l009 . _1481 .... _Sr. RellrBm:~~nt PI:!UliJ~I"J, LLC . ·: Gardnbr-IRA(8781~55) Camninlon · · · AP Ga!""dlw~IRA DML 448· :· VYElLS._F~t;lO. ~!;! :" ~!?-J:. . . . · ·:.· :: ... 2,37~.-"t! . . . . 0.00. · . :. CMM:. . D/16i2oc9 1745 Sr, R1!1h·ment Pf;ftnn-en;;· LLC. :. . AUdrl:&4RA.(67:!!1-1HI Carnrrisslon- · · 'NEU.S :FARGO BASE ~.e-459 . : .: -SPLIT-:·: .. ···: .·....-.. · · · · · ·. n92~8o4.68 .... : Ct1edl:·. 9/1612009·:·· ··.17-45· :· ··sr.R411.!'-envmtPiennerl;,LLC:... :::.: Clftnt::Bilrb.i.l'l!iG,.AIIdri.. fAA.c.. "AP-AWM,B-IRALNL1n . . ::WELLSFARGiOE!AS.G:"-11-459. ··9,228~54 .. ":..Sl,056.14 :· ·. · :· C~OPA!lo!n•. 1!-IRAAGL 7ll :: : ::WELLS FAROO BASE -8459: :9,228.48 . ·~7l,IIV,G8 . . . Ch&ak.". . 9!1151200~ : 1145 Sr. Retl!.e.mtnl PltiOflen., U.C · .... : UCflna~ft; J1me• POft!Sr, Rei:Jrei"Miil ~11nne.11- !...LC.(12.!)!3%).. ·.AP At}.1tnll,.s..IAAAXA80o4 .... "WELlS FARGO BASE _:-:8459 :.. ·. . .... ·.·.. . . 9,22!-.~ · · .". :.&4,:!i9S.22 ChM:tt::. 9116.'2009 . :1745 :Sr. Rr:tfrarr..mpu.nnm., LLC.·. · ·· ·· .Aiklo•-IRA(8781~111)Commlatdon. : . · ·· · · APAtlclrRI~B-IAAMAMaso . ·."Na..1..SFARGOBASE.-&459 :· ·:.·.:·:·..... :-.·:9.226,46 ":...fo!!I,J.Tg,76 .: ::· Chock .. . . 9/1812009.· .1745 :sr.JtmlMm'lliPionno,.,lLC·:· ::.: .: .: .: .: .: AlldniHRA(6161-111)Comm!oolon :· :AP!\IICI111!,B-IAALNL740 .·· ..... :·WEllSFAAGOJlASe-8459 9,221!.~ . ..OS,142.l0.. ·· ." · Ctleelc ." · . · · · · 51J16!20D9· · 17-45 ·Sr. RSI!Mment Pla~n~. LLC ··.· ··::. ·:. ··: . · ... · ... · .. · .. :. Atlifn:~-U~A(~81-111) Cn~alan. ·.,: · AP A'lklrn~~, &-IRA TRA2!1 . : .. ." ..-.:· .. _-'tYEUS FARGC:lE!AS6- ~!:iS : · · · · · 9,22-l!.oUI : ·3B,i13.~· .:.g:·:· ........ :.:~~= .. ::_g:~ ·.. :::~:::::~~=::{±g·: . . · · Ched< · 91!~· .. · 1745 .. · · Sr, Retfrernenl Pl~rlce!'l, Ll.C·::· :.-: ·:": "·: ": ::.··.:·:::::l~~:t~;gg:=::~: -~ . · .. ··: .. ·AW~-:IAA (8181-111)CClmmls.Biao: :: :::J:::=::t:d:~· ... .-:·::~~-~:gg~~=·=·: · AP Alfd.rtS,.B-IRA.INr3 :28! .· · · .·.· .·.· :·.·\IVEUS FAAGO BASE~.M9.· . . ::~:::: : : 9,22~.-16 . ::~:=:~ . ~,2;21!1.48 Cheek l;l/l6(200!l .·. ·.·. 17-45 : Sr.RmJi"t1114111PIIn.n.n,Ll.C.. . . ...· ~"'-IRA~181-111)¢.emmlll-1;,n. ~AtkiM, 8-IRAOMloUe · · · · · ··WB...I-S.FARGO·I!ASE~~Ii': 9,::!28A6 ·. D.OO : ChDct.. i/2-4J2GO:!i. ·. ·'. fG70 . &"> Rll"titi!!metitPhlli~~~. LLC :. . . . ·.·· ........ ·.. Hc:d~h!m (6'7!11-:21"6) Comrnif.sf~m . I/IJELLS FAAOO BASE.,. 8-459.. ·.-SPLIT.:.:··:· .... · . .· . . .. . . . . .. ·a,DOO.OO ...... : .. -3,000.00 Chfi'Clk. 912-4rl0D9 · · ·· fi!I7D : Sr, Reijroment Plann~. U.C · · · .·.· _.C/IIm'!: Jch!l- R, Hebtf!m.:: · .AP Hefl.s-t.m LNL 74CI . . . ·:. ·:. ·:.· .."WELL$ FAAGO BASE-·a-45; : £1.00.00 .... ·2~-400.00 .. ··C~tclr: 9124.1'2009 ... :··1.,71) . ::S~.RetlromoentPltmft!!llii,LLC.":· · · ·· Tcb:t_-$!.'onloo~;25,000,0.0·.. . . . . . ·APH~ItJG:201·. ·:.·:.·:.1i\'EU.SFARGOBASE··6-459_: ,600.00 ·· ·· ·· . ·.·.··.·· .·:.-1,~.00·. ~etilt. ~12009 . . iB7G- . :=.Sr. R~n'l"!rrt Plll'l~nen;, LLC .. ·. . Ucenue~ Ja1T1e1 Pl:oeJS.r, ~ellri!!"nOOl F'lfU'IMIII"S, LLC (12.00~) : AP Ha~lmrnt ANt 85.2: · · ·. · · · · ~LlS FARGO BASE- &4ti;ll ·· BOO.OO ·· · · · · · · · · -~.200.00· Cll~: . 9/2412UQ-g :._ ::·. 1-670 · . ·: . sr. ReUc'etnentPra.nnert:j LLC. ·:. :. "H111111-en1 (67-111-21$) CommiAfon ··.: . ·: .. .. . ·. AP ;yt(btl!lrh l,fG 566 ·. ·.·. :·.·. :·. "WEI-l..S F=AAGO BASE~ &459 :· 800,00 ·:.~00.00 .. · Check·.·. 9t2otr.:!aag :· "1.1!-70 ·Sr. Rl!ltil:l-mentPJ~nert, LLC. . . ·H3Jil"C«n (fJ7,S1-21B) C(lmmiMJoo :· .. · . . . AA HeU~tem lNG 0]6": .·. · .:.· :·.· .·. INELLS FARGOBASE:-.IM59 . ~o..oo ....... : :··o.oo. Ch&clc · ~Oii/2009 .·· . 19!11 ··Sr. Retlrcmmt P11!1nriere, LLC · ·E~an ll'tA (67:51-233~ ~rnmiii&IOO: -:-: V\IEU.SFARGO BAS2:-84~9. · · .·:.·:-sPLIT-.:.:···· ·. :· ·: · · :···. : ·. :·· .. "-3,000:00 .. CfloQk. · 101112009 ."."."."1~f . ::~-~fl~l!~~:t~a~.n~1,_LL~.· :~~~~nt:B_da~_R,E:~: .. . . ......... , ...... ."APf:a~~onlRA_I~G20t . :-~~.FA:f1:G9~E. ."~5S·· -;;!,-4~.00.· : .._Pa:g~_l1_a_ · 319  .·to,WAM · RETIREMENT VAlUE,'L.LC ~ KPKF Biloks OV2:1/1> :: to PaymentS Licensee D~fendants · Ae1::tu•1.6Mi:i • M~n;it :iOOIIth~ugh M~;;,h 2iJ1 D ·.· Dot. ..... Hum : ···:- A~..i.rt" ·spj~· .·· • a.;.;.. croc~• . BllOncO .. . ~m ··: .• l~~~~ fi l ·Chock ··:."1Qf112009 _. . 1&96: · ~:~;~~~:~' ':Sr.R,.tir~1114:trlPIIInhii111,LlC -.. : h"EYg1~1ffiYE·~:"~~···~·~~~ ~) ·-·.: .:··.·· ·.·._-· ·Spll't~rsiRA.(6781-207)oom.tniH:loo:._- -- 2 .. ···: · ~iEJ§~i~ WEU.SFARGOBASE-&45$1~· ......·i§~ili~~iiffit .· . .• ~1:~ . ·:.-SPLIT-· . . .. . . . . . . . < •..•.•• · · · :l~1-~ :: ... 1:'!,5.21.;6 . -12.,621.HJ. . : .: .: ... ·.. Choci<· · :. : 1M/200t .:., :c tt:!O ·:.':·Sr. RI/yJ1oi · •• ~~~~. : ~!~:~ . Cheok .. 1!lJ2a.I2DIJ9·.· .·.· 2530_:· _: Sr. RetlramentPI.innMI; Li.C-. :. ·. -:. · .. ." . . Ucenu1l;Jrtm4t:"Poe, Sr. Rmlrt:!im.,t1t F't1n.ru11B (12%): .. AP\IYB!ker l.Jvh1g 1'rua1AXAB~ .· ·.· · .· V\IELLS FARGO 8ASC -34511': ·.· . l!! . . . . ·.....<~- :eoo.OO ::.· "...j.,200.00 · · ~~:r . Cht!ic~ .: ·····l=~rHm ~;:~:==~~~:ttg<<. ·:.: ·:. ·· ... -10128f20M · .. ;!'5M · ·. -St. RHirfl.n'leni ~~nim., LLc .. ;c·-~-· · · · · :~::~::E~if :AP Walker.LMng T.ru.t.AN~ 11~2 · ~:ttm~~gEn:=r · ·.···WELLS FARGO BAS~:~ft.4sg· ~1:: 600.00::. • :l~HL ·-1,800:00 -CI1e.a;i;. ·:1012612009::·· 2530·.:· ··-Sr.Rii!lira~tPfannen,ll.C".·:·::: :·::.·· :g~::·:...... :.·:~~~~:. :::::.~~g> :-::.··:~;~=·=~=~::_~;:·::-:;:_:.". ·· -"'PVWI~Urin~Ttii&tLNI..ta2 :=: .·.·.. ···Yir'ELLSFAROOBASS.~J4~Iil .:-.:·;:;,~-~~:!;;~~s:::·~: ·-:·:-:·::·.~-~~~~~~ ~~=-·· . ·eoi).OO :~~~:-: . · ···--1,200.00 :-~~~g .. 320  ~Ell~EMENT ~ALUE; L.L.~ •KPKF B~ok~ . . . . ·.· 021>:rt13. Payments to Licensee Defendants . •Mll':h 200Uilri>ugh Mmh 2G1 0 .. DolO" ".Nu·m: . ,_, __ . . . ~-~:·~··-·-~-·-·~- ;...: .. ·!Hmo. split • Debit- •......... -·--·· eta~~ .1DJ27r2CI)!I ·: :z-se.s Gr, Rll'li~enuurt Plrt~raiT:., U:o :11Yi:!Ll~FARGOSA9,-M59 .: .SPLrr~ ·: ·. ·: . · :· ·3,000.00 ~3,000.00 .:: ChOOk .. .. 10J2:1tzt:JOI_ .. ~lli!i . :: Sr, ft.fttlrfrnllntPl..n~Df.!Z- 1 1-LCi_ ·· OOont W~m H. Wolhr V (67SI.J16) • -·APWEkodNQ 201- ·WELLS FAAGO BASE ·11159 · BASE·~59: ."SOO.OO .. .. .. -2,.WO,OQ :.··Chldo; · 10J2.7t2.01l11:. ·· 29:5 . ·:Sr. Ratl~m-et:*PI.annf'ln~ 1 UO·: ··Total$ amount szs.ooo· · .· · -: · .Nlw,!kitrANI 6!52 ... l'ia.LSFAAGO . 600.00 -1,800.00 ·· ·_: ChBek .. 1D.r.trrzcou: · ~5 : sr. R.6tlr-e.mentPiannil'111,l.1C:: . -Ucenict: Jo~unt:1:a POe/arf·Rellfe.ment PluMI!ra UC (12%) · "APWolkoC.ixl· BOQ.OQ. · .... MOO.OQ tm:: . .....(,800.00 .: . ChKk·. ·11151200& :~ : -:sr.RM!remflitP11inie~ 1 LLC·.;_::_.:· U~nse~-:Ja_rnn PHISr. Re1JremtmtPiannerv,"U.C(12.DD'"I..}. . AP CoiUOr, D ~80-f: . :·:WELLS FARGO BASE- s.45g ." 80tt00 --4,200.00 .· .": Ch~l<". ·· 11151'2009: :.· ·::.2.1!56 ··:: Sf,.Jit&tlrerrmt!?J.nnertt:.LLC·:.·. Conlm~Woo ·· ·· · · · · . ~ CDiller, C AXA14-B. . 'M::LLS FAAGO BASE ....IM59: ·600.00 ~3-;600<00 ·. .·Check· 11Jst.1:009 ·. 2B6t1 ·. Sr.fbrtlremerri:Pf.mner~~,LLC · . AP C~IIM, 0 l.N~ 7~0. ·. V>'ELLS FARGO BASE·lll59 ." 600.00 ...... ->.000.00 : Ch~k:· ·· ··1115t2009 :· . ."28t8 ·er.Retlffll"nlll"l\Pl.¥!~ioJrs,u.c. .· Vi'ElL5 FARGO BASE..: 8459. .. . : AP Odllw1 D lNG 201.: . !W0.0-0 -2,-400,0(1- ChM=k.. . 11J5Q009:.:· :: ~ Sr.Ra'!lrementPI.anneRI,UC .. .. APCnlllor, OANI85~.: . _-. ·_-_ ··WELLS FARGO BASE-1145-9 • 600.00 · -!,IOQ.OO · Ch.ck: · . Check: .. :. 11l5J2009 .. . ... 11/.&aoo-9 ::21M :· 2686 ..sr. fllrliJ"ft~ PI.IUlne1"11, uc·: .: · :·Sr. Retlr&ment Plannin, LLC: · : =~~=:·g~~~ ·:·=·~:gg===~::· ··:a~::: ~1~:~~-:: ·. ·Cht~r:k· .. · · · · · · · · · · 11iaf2009 ·.: 24&i :Sr. Rilltlre-rrietlt Pl;mnnorl, UC · "AP C<1110r, D lNG O>B •. · .·. . \MllS FARGO Bfo.SE-1145-9: .BOQ.OO ... 0.00 .· · .. ·. Cbeok .. ·.. . . ..... 11/Ur'20D9 :. ·: ~7 Sr. R11tli-Dmehl: Pl~rin, LLC . :. . . . . . .: . . : . · : . ·"WELLS FARGO BASE ..-t-45~ · :-SPLIT~ :: .: .· :: ··: ·: : : .. .. . . . ~,-062.09. -!l,!S62,69 · :. Ch-11~··· ·· ·· ·· ·· 11n3.12~09 .·· ·.· 30&7. Br.R1!1'!111l-ment.Pimnnn,LLC·: · Clhmt.CheryHi;OJI!tly-UV'(871U-33DI · APRoe.ely,c.tRA.HU814··· ·. \II.EU.SFARGOBASE.~B-159 656.26 ." ·· ....5,906.43 Cller:k·· 11HJr'200t.: .: 3Q67 _.: : Sr.Retlf-.emetlt:Pllllrlher.,LLC···>···. .To!ai$Amoul1t !i'l,io.oo : Ct.-eok.. 11/l312CDS .· :: 3C67 .· . Sr.RrrtlrflmentPiarnt:r.,LLC . . ·AP ~oly,C.fRA·ANI 802 ·WELLS FARGO aASE•liiSii · 8~6,27 -I-A1 Chel:JI..-,L-IRAAXA-00-i- · .·WEU.SFMGOBI\SE--!145o• l,20Q,OP .. -MOO.OQ Chll!!r;k: ......... : ··: 11J11'W2009: :3.227· ·· ·&.Retlrem&ntP~ermen,LLC--"· · Cemmfn.lont. .. APc.>Jior,l:-IRAAXA"\l~ ·:. !:FT- ·.:·che-ck::.·:::::: :;12/Jf2-ll"C.&: ... _:EFT: i§. E:~~~~~~~§:~L•••····· :. Sr. Retlrflmeilt Plai-mGI"I', LlC.. ~Jgmi§i···· ··:. lerOI:iO.*RA B7BI-4-i3 ::Sr,RI!~I"flmentPiann&fi.,U.C.: ...:·.· ..-.· . :·::::·:·:·:·: . :··:L.e~efRAS761-443 · AP!....I!Irote,~RALNL:i!6A."." ·P.P Llrot:e,M-*RAJPI 062.· .A? Lloro~e,M-tRA LNL"762 . AP L.ar...,P.I-IRA lFG 5M "IY' L.arou,M-IRA.AXA 697 ··· ··· ·:···:VttEU.S FARGO BASE~.~59 · .: : .:W'El.LS.FAR.GO BASE- 8459 :: ·. · · ."."VVEI...LB FARGO BASE~ &459. ·•WELLS FARGO !lASE -114119 . \NELLS FAAGO BASE- 6459 · ·.·p,p lJitr:me,M--IRAAGL 002· · · · . ·. · · W'ELLS FARGO BASE,_.e.4sg 1,«0.00 1,...,.0.00 1,4-40.[1(1 1,4-40,00 1,«0.00 1,44D.OO ·-10,030.00 . -8,flo40.00 : •7,~.00! ·S,761l.OQ -i,:r.&.Ot;l -2,M-cl.OO ... O~k. ······121312C0.9 ··:·:EFT: ····Sr,Ritlrerne-niPI•nnefi,U.C.. . >t.~~r~IRA6761~3 .PPL..ai"irae:,M-IRA lBL 77f ·:... · ..: .. ::. ::\iVal..s FAAGO BASE ;~59 : 1,«0.00 -1,«-tl.OO . ·c.h~k- . . ...... 1213J2001fo. :· ..:. EFT ·: Sr~ Rctlrarm~ont Plannen., U.O::: . . . . .·. :.:· .:·:· .· . .::· ._-··. Ulf.C.Sr!IIR/0:6761-443- . . .AP~f0!1.e,M-IAAPLI140 ·.... · ··. ··.~LS.FAAGO.BABE·o!-4!i-9 ·1,4-40.00. .. :0.00 ·. . .: .: Cll~. :........ ·:.121312009 .. ·:.CFT: .. .":StR!I'fj!llmentPirl.nn~,LLC:·. ·· ·· ·· ·· ·· ·· ··::.EdtlhSpel!.ra-.!Rr\6TI1~207A· WELLS FARGO llABE· 8459 • · ..SPI.fT- .. _. ••·.". ·. -··. •- ·. ·. . • -$,114!.>8 · C/"lte.JL" 12M009-.. :.E-FT. ·.. sr.Rdl"t!lm.ntPiai'II'Pm,LLC·: .............. ::·::· Co.mmlu!on .. ·. ·· · · . • .AP spvoio w·llllo.. . . . . . . .-WELLS.FAAGO.BAsEcio\59 827.06 ·. -$,015.:!2 ~=:. ~=:: : . ::~~: ..::::~:::i~:~~==:~~::· ·::·::.<:·\.·::::.-::·:-.::::.::::· g:mn:~::. .:~::::::~::~~~-:· .·:·:=±:~::~~:~::~~: .... :. =~:~ ~:~:~::·. ·· ·· ., 12131200~r .:sr.Rttlt-mtntPiann~.u.c·:, .................. comml::ulon ·.~:=:t::~;:; ·.: ·:.·.:.·: _ . ;~:~:~=~=.:::: : · :g:~ t~:~·.: m::e: _ Che:C:k:: :eFT: -· ~; _ .• 1:: .· ·-•~• ::~=~~:~~:E:~t .•.-.•.•. -. • ·APSpo..-.,E-IRAPIJSIO· ·'.":-"." ·.:.-.-WELLSFARGO!IASE-11450•: ·:. ·AP Spbh,E-IRA AXA 597 ··· · · · · · · ·.·Y.e...LS FARGO BASE-&459 · .".J\P Spo,..,e.fRA AGL 062 :-WELLS FARGO BASE -.11459 : 027,1).1 E27.~ .. 627.1).1 ...... '-HIIl.\2 -1 ,254.1lB . ~7,1).1_ ~;> > 15~ ••~· E:~=~ss~::ttt<: · · r:.;~£rpffi~·H91) . __., Spo..-..~-IAALBL n1 . •·· .· :•v.a.LS FMGO aASE;ll459 ·. · · 627.1).1 · . . . O.OQ_ ·.WELLS FARGO BASS -11459 ·• · ··-SP!.IT-• • ·. ·· ·. · •· ·. · · · · · •3,(1()(J,OO :. Chedi.. . ....... 12/10!2009 ·:·.:EFT· ·:sr.Re'!lrementPJ.siinet-.,UC :· ·: ·· ·::.· ··:: ·· ·: CIJ.mm"IM:l.oo: · · · _.APVM~rpoel PU 980 . . . . •-I"'ELL.SFARGO BASE _--~9 · · · 60Q,oo c• • ·2,<00.00 ·APV~derpoeiAGL062 .. ·: . .:. :.·.".WEIJ.SFAAGOBASE·.a.459: .. GOQ.oo.:· ·: ·: -~,IWO.DO ::.ch~: ........... 1211012009.: .:EFT: .. :Sr.RetlrementFtinnen,L.i.C:. ·· ·· ·· ·· ·· ·· ·· ·:·.CommmlOn ::· Ctw'*: 12/10/200~r:· .. :EFT: "-;Sr. Rai:lrement Plannero, LlC · : · · · · ·-: · •commDoo -APVondorpoei1BLnl ....... WELLSFAAGO!IASE-11459•· ·· ~DO.OQ_-· ···:·-1,20MO .. : =:·:.. -~~~:g~·:·_::.~:. ::~~:~:~~=~=~~=:ttg::. ::· : ":": . :.:.::·.:-:::.·:;·:::.g:;::~. . •• "APVondoopoo!JPII83 . . . . · ·· ·•.I"'ELL.SFAAGOIWIE,lll$9 ~~Z::ci~~-9459< ~FJVI~~BI\S~~~~~~ • BOQ,OO eOMO . .. ~~,oOO-~ . _.-600.00··• · -42.~:~~ . .... ~~~:g:::- ·:·:~:.:..: .::::~::::~=~~=;ttg::: : •. . . . . . . . :g:~::: ..... . ·: Chtok: ·· ··12.1101200& : ··EFT: Plarinm, .:sr. Retl.!&mt~nt Beclo:, l.Jirry(67-E1-551) LLC :: .: · · · · · · ·. · · · · · · · · · ~ Btc:k,llU 899 . ···WELLS FARGO BASE- 8-45~· · :~_g::-: Chfilk. · Check . 12.1101200:11 :· . EFT . 12J10lZOOi· .··ff"f >Sr. Retin!l"lientPI•nnm, LLC : . Sr.Relki!inemtPI•imMw,LLC·· ·: . Cemrm.tl . .. ~~~:~g~~::!:: ... ·. _-,· __ WELL6FAAGOBASE,ll459.. : 4,200 ..00 .. ~~~:gg •.. •4,200,00 :.. . . . •••••••• · · ...J718-PO,oo· ~~::::: · ·· ·· ·· _-_- _-_--25,200.00· _· : Check· · ·121~012009·:: : Erf >sr. Ratnn1M.tPiiuuia,.~ LLO :..:. · ·cam.rnlsslri : "APEiocl<,L,o.J(,I3oltl . •· •· WEL.LSFAAGO BI\SEell45~ _4,21)(1.00 ·. •- ·· ·· ·• ··:21,000.00- ·· · ·.·.c:hoii:X · 12/~0/ZOQV.· · · EFt ·:·Sr. R;ethlment~fln.m:~· Ll.O : . ·.: Cr:;~mrnl$strms·:· · ·AP ~LPU uso-: ·· · · :··weu.s FARGo !lASE .:(!.45::f · · . · -4-;:oo.oo :: . ·.. ·.. ·...•1-e;,soo.oc : · .Ohl!tek · "l211Qf.2009.· · EFT · ·sr, R&Hnnnfml Plamnerz, U.C ·Co~IM!DM · AP 811...._,LJP! 272.: ·. Vv"EJ.LS.FAAGO liAS!;; -·8459.. . :-4,20Q.OO .· ....~12,600.00.- · ... Che-ck 12110120011·:· :'EFT . :.·sr.l'tet!i....MntPiannllra,lLC · · Co"ll"ltl1fn011'1· .. .AP Botk,l,o.J(,\ Y29 .-:. .. ·· .. WELLS FARGO BASE ,·11459· · -~,20Q.DO -8,40Q,OQ · Chidi.. ~-.· 12110120G9. EFT" ... Sr".Rell'nm-.irtPI•itnrm;U.C:: -~~~:gg::: .·:·~~- . ::·::~~=~~:~~:::±~ .··..Camrn!njon•. ·:;:.i:.. ·:-::·. :::.::::.::-.::.: . .-g::.':t::MtAA·(s7afr4i5f. <~:.-::tt-r:m << •·• • ··. WELLSFARGOBASE-8451 •-· · ~~~:~=tmr :-SPLIT~ ·::: ·. · . .": ....... ·•••• · :~:~ . . .. · · • 4,471.~ '-l.zog:~ ;..4,41'1.56 Cheek 12110J'200.f(: ·: EFT Ra"tli-Gfitent Plsttotors; U.C Sr. · ·· ."." ."." ."." : · · · · ."Cotnm*~oo · . AP&.mn,S TRAPU 6!0 ·: : WEllSFARGClBASE ~ M59· · · ·.S0-4.32" .:: . . ~3,577.2"4 Che~Ck. :·. : ... ·: ... ·.12110~oe·:. · .. : EFT : Sr. Rrir1!1ml!nt Plann.ers; u.c ........ · ·eommft.l.lo.n. :· APGunn,S~AAAGL082·. . WEU.SFARGOBASE-a.t-50:.".-· .".894.3.1"." ·2.682.:113 . :· 9hec~. ·.12110!.?.009:. · EfT .. !3:1". Retlremerrt.PI•Mera, LLC. ·.: ·. :· · ... :..... commlnloen · ::AP.GU~n,S~AAL;E~~71··:.:· :~~~~~~~~·f8:'C~&:::·: :e~.31 :1,7-9~.62 ••• J.. 321  : .: _: .: -:.-:: .. ... ':: :' :. . .... : :··: :· .. 10:411 AM . .02/2:111! •••.• RETIREMEH¥VALUE, P~yments t() Licer~see Defendants ·· fu•-K.KFB~ko •·• •.. -.·_,- .:Aetttl..J&uhl < Maith ~oo9 U.ri.~11h M•.;,n ~10 · Typo: ~ ·:~ . "-': r,;..;,.; -: Ch~- ~ .. : -121HU2~-og -. · ER · ·sr~R:.,.urerM~Piennm, L1.C ·: ··- ·. ·· Comrtinlorr . : -Ml Gur;n,.s IRA-.A.X,\"S~ti WEllS FARGo BASE.·.U59- e94.31. · :..fi4.31: : ·_Check.: . : 1211QQ009 :· .. EFT . :: :Sr:. RoetirerMnt.Piannl!"l'll, L.1.C .. Comm!J.s~on . . . . · AP Gunn,S iRA PU 1~ : : ~$ :r"ARGO BASE -N59 Q9o4,3f . : 0.0\1: -.Check.:. · : . 1211CI2008 .: .. · CFT. $. RetlremarrtPII!Inrim&, lLC · .GiJtli"',Staven C IRA(fJ.:T51-.47!A) : -. lfiiELLS FARGO liASe- &{.$9· --SPLIT- .. ·. -." ·: ·.. : . - · :. :. B 969 77 . . ....• i!; 96S 77 ·: _ .Ch-$Ck: -. . ·_: :~211012009 _:- )iFT:. :. :Sr.R-etlretflllfdPiar.n.or.,IJ.O :: Col'l'!m~r.,n·- .... AP Gurin,.sC- IM. LU 69'S . WSU.S FARGb MSE:..8459 :: : 896.95 ' > • • • ••••• -t:on:B2: .. ·.::Ch:&Q:·::.".. -~2/1Qno09 :·.:-"EFT· : :Sr.Ro!!.tlteffillnl:.t'l•rifl-en~llc·: · ·camrnjg.[o:~o _ APG-u~.SCIAAAXA-831": we.Ls!="II.RGOBASE:.;M~g .: ... 896.96,. .. .. · ..7,17~.84 . :·_-_Cheek: ... : : · ·12f1(ll2009 .:- .. EFt' .... :Sr. Roetlre~ntPiaJ):Ii*!W, LLC : CaiTim~on · AP Gu;m~·IM lNL26A.: ... "WELLS FARGO BASE:..-84.5-9 89e.el!; . . . · .... ·.: ..S,27B.88 . -:·-.Ch'll!clc. · ~211Qf.200§1 .· :·:EFT." .SrTR~rnahtP!III'IIlfl'II,U.C ·· "Camm~nn . .. . . . ·.. AP GW1n,.SC IRAJPI oe2 : . : .WELLS f"AAGO BASE._S..59 89$,9, · -5,3-81.88 . : ·.:·Ch~ck ·.·... ~21Hlfl009 ·.. ::!!rr': : :Sr. Rttit:tment:Piannerr.:~ Uc::· ·. · Comm~on · · · · · · · · · · AP Gutm,SC-IRA LNL 7~.: . ·WELLS F~GO BASE-U:5.9 . 896.96 . · -4-,484.9(1· .Ch""": 211&'2010· ·:·EFT::: ..... Rel!rem0!1tPiao•""·l1.0 . . . : · ·•··•· ·Ceommlu!oll . . . . . c... . · APMI!dl~I,R-'IRIIDIRAAXAD!I1 · ·•· 'MllSFAA~0BASE'U59 .. : ·: :: :. ·· ·1.2:10,:111· . >3,891.011·· •. !:l· · · · · · ·•li• : l•·• • tl l· · · · · · · · · · · · ·!· lrz:~mLD~ -· · I ~ ·:Ii ;i• · · · · · · · · ·:i ... ···: ··. • . •1·· : .. :Chod!. _: ·· ··.2/at'20"1D: ·:.5FT ... ·.:Sr-,~e11.-.merrtPI;annn,LLC :.·: : :·-c::::nmm!Mlon- ·. ·.·. . .. APst:aurrar,J-TRAD_IAAA>IJI,335: ::Y¥EU.SFARGOBASE-8-4!a :3,2.1$.:27: .:.19.291.62: .: .: Cheqc: .. : : ···:21251'2010: .. EFT . $r.RtllrementPI;nln·~,LLC : :··:·CommiM!On:·--: -: .. ·: . : ... M'atr;uhr,J--TRAOIAALFG117:·. -:·-WEUSFARGOBASE--8459 3,:21521 · .: .:~16,075.35 .. _._._Che-ck· . ·: :.: ...... 212512.01:0. EFT ·· Sr.~etiremMI:Piannen.,LLC . :· :commmiDI"I::: : ·: ··:.: :. : : : ~St.ufht-r,J-TRAO:IAALFI32«.-:: .:.WEUBF~GOI:IAfiE~_6459 . ···:3,215.27: ·· ·· ......... :··12,$61.03. : C:h~· 2125/2.01-0 :· .. EFT · · .'. Sr. R-e~m&nt P'tar1-nm, LLC _ : -:., ·. CQmmll$1on : ·.". · : · · · .. . :. :. =AP Stellffw,J-'tRAD IRAAXA.D91 ... ::WELLS FARGO BASI':=i.~ M59_. : 3,215.2.7". · · ·· · · .. -~to&4-&.61 .. .. Chock· 2/25!2010 .. EFT·· ··Sr.R-JTllllliP!Mnora,LLC ·: ::.: <:: .. : . ·.: :eommloolon·· . ........ AI'Bto'l1'i'er,HFWl!RALFGl93 ·cc:·WELLSFAAGOBA$~-G-ISS · 3,21521: . -t,{:IO.SI · ~·.~=~:-.. ~~~~ ~ .. .-Ch,.ck_'. . . . . . . '3111ml1.ll- . ~ri :.::.:~~:rr::~~~::ttg EFT · · ·,..Sr. ReU~ment Plnn.llllll'l-,LLC .·. <·=· · ~.::g~:::::.->:> :: :~.:· ·':·Lopez, R11UI ~·- (~781-611) ·:.:: :: Ccomry1luJoo .. ·.:..... -- -- =::::~:t=:::~~t F'AR:!l-0 ·YJal.S i~~: :::.-_::=~=~g~=~~r · 1 BAS~ ·II·U9· .': .. ·: ..·: 1>-P lo~z.R JHL 633 . ·. ·: · · ~ ~~~~~--- ... 3,000,00 : :. : :~l~::~~ > · .. · ·:J 1:IJOO..CO · ~~ . . . . . :· ··.·3J1112G1!i _ EFT .... ~-_Rill~~~~~-~n~~~,I:J.~ .. Commis-sion · :~_Lopez,RJHL8:?.3·: ·:_.·:.VIEU.SF~!-]0~1::-8-459·· . --~~ ......... :....~~~~: :.T~toE&.Ret!J~~~ptilloli~~;~c· U5,U4.U . . . ':0.00.' :f"_IIQ•:U'f. 322  . . . . . •.. .. .. .. .. .. .. .. .. .. .. .. .. . ·1o,4Q AM· .· RETIREME~T VALUE LLC ·~ KPKF . .- . ·. . ~ .. . . ....· . .. . . ~ . . .. . . . ' ·. . ·. . ·. . . ·. . Book~. :0212&'13 · Payments to L.icensee Defendants · Ac:ctU.~~I Ba.l• March 2D0911lrough March:Z01G: o.- Num M...,.. A..;.o;,c Dob!t ci.dlt . · ·Eolcl.,opoz :19,518.INI · · · · · · · · ._.19;s1e.s·s· · ·Chock :.. · ·212111'2010 "EFt . . . . .Erl.li 1..~•:;: : Humera Lapez:TrBd IRA (07-111-783-) Coinrm.tlon& · · · . WEWlFAAGO!IASE-MiS ::.sPliT-. . check"· : . :ms12010: EFT Erie LopeZ . "CCJmrPl~On · . AP i.ol'O',ti-lRAI) IRA LFG oaf 8ASf- 84~ . .1'\'EU,S FAAGO 2,18~.58: . . -17,348.40 : "ChMik .2/25~10 : EFT : Eric Lopez : · Ccmlmlsaron : Ai'loiH'<,H-TlWliAALB\.~1: .Wtal.SFAAGOBASE-IJ.Iil .. 2.18U5 .C15,179.U: Chod< . nY26/2D!D. EFT Erh: Lopt!l..: .. : Cum"m"-fan ·. APLopoz,H-lRAI)lAAlFG11T ... :. WELLSFAAGOBASE'IJ.I!!L 2,16.!1.55:< -13,011.30 ."Che-ck ·: "2.125f2010 · EFt . Erlli~Z . Cc;~mmluJon · AP L.opoz/1- TRAil JRA LFG 24>.'. .· .· .. VI'EU.S ~AAOO BASE'~·~ 2,1$11,55:· -10,842.75 .. "Ch-&ck ..· ......... "2/2:512010 ~FT . Erlll~:i ·cammbdon · : AP Lo~H-TRAD tRA·AXA 994 :. · · "WE.l.LS FAAGO e.AS;e ~ 8459 · · 2,11l8.R .~.67-4.20 · ·: ·Chl!ck 2125r.l010 . EFT . . . Erl< lopo< :eomml&slan AP Lopez,t+'TAAD }RAAAAOS1.- :: ·:weus FARGO I!ASe.:.fl.4551· 2,168.5!S: ..45,505.65 .:Chock :112512010. . .,. . . Er1"G" loplloZ .. Com.mlu.hin : AP1.Qpt!:1.,.H-TRA0 tRA.LFG 183·· ·· ··· "!Mill.SFARGOBASi!::..;B-4551 . 2,168-,55: ....--4,331.10 .: Check 2!.25!2010 . f::FT · etc-Lopez:· · Cornmlilloo · : AP L;J-pez;H-TRAD ~RAPU 1-40·· VV'ELLS FAAGO BAsE -IJ.4:i-9.. : . 2,168.55 ··-2,1$11.55. . Chock . 212512010 . EFT : . . . Erl"' Lopez: · · · C-omi'nle.ll:lon : Ai'Lo-H-lRAI).IRAAGl130 .. :: .WELLSFMGOBASE'II459 .. 2.168.55: 0.00 . ..:ToUJI Erlo lPpeZ .· ... .· 19,518.98•. 0.00 . ·c·h~Prol.ciiOftP~;~~rpO.~• · .EetotoProtomlloo :. :. .Collilmolon APWalcll~&ClFGOO$ ....... ··.:···'M'U.S~AAGOI!ASE;IJ.4fi9: o.oo: 0.00 .· Cho<~ ·.. ·:lml/21)09 ·.. 3838 .. : &1nto ProOtdlon Ploi>nlng Co!pmton. ::. ·· .·VOio:· . : APW>b!1~&C LFO 7112 .... 'M'U.S FAAGO BASECIJ.IS. o.oa· 0.00 :. ·c~etk "12r'23QOD9 ":?.339 :-·:. Ea&t:ePra'llictklnP*Mnln;COtpOntroo. VOID: .APWdl$l-1,J&CLFG568 .. :.·:.·:::::·:·:"1NELLSFARGOBASE_.6-459 D.oo· ·o.oo . C"h~. :12J231200tl .363~ :·: . &tat&Prol:.,etionP!11!1.11n1n;C9fP~tloo ·VOID: . APW.Iah,J&CPU.U.a . . . . · .. ." ... :·. WSJ..SFARGOBAs:E~·a-459.. ·: · ·o.oo· 0.00 . ·Cfl-&t)k ·. 12123.'2009 ·382ft Eatah!- PrDtt~lttioli ~annJn"QC~omlon ·VOIO: · · AP W.-lsh,J&C AGL062· ViiEl...LS FARGO BASE ·"1!1459' o.oo 0.00 . ·~eck ·.. · ."t2/23/20QO.. ·l3J9 ·.... i!ml'fl Protu1ion ~Nin1ngi Cot:pOratluh . -VOIO; . :. APw.!sh,.J$.CLBl171:. WEl....LS FARGO BASE ~6459-. 0.00. 0.00 ·ctlect · .·12123120011· ... 383&:_ .:.· ~t:steProt•-etklon~_,nln:aCorp~on·:: .:VOrD:: .. ..... . . APW.sish,J&.CPU140 :. . .. V'rCLLSFARGOBASS~B-4ri9. Q.QO: 0.00' . .Check.· .. ·12123120oe-. ·· · EN.· .::: ~ Prote.;:tiG:n~nlog ColpQndlon .. ·· .W:IIsh1.hme111 &CIIthArtne (S781.-,42nComm~ · · ·: Y'JEl..UI F~G06ASE.~M,B. .: .......SPUT- ..· ........ ·:. ·: . . : ·:: -61,1141,70 ... . . ·Chad:.· · ·.·1:uzJ1200"9 . EFT ·. ·.· Et"late Protoc&.11 P£anr~j!"lg ~~nstloo. · _CCimrlissloo : · MJ'Nalah,J&C LU 499 . ~S FARGO BASS-.8459. · .. . : 5,11!4.17: --45,937.53 : . ·.··.Check.· ·111231200$ ·. EFT·· _.· Ettfrtt PfoteC'OO.nP1:atlnlngCorpiXetlon :.eommiulon... : APWM.h 1J&Cl.f'G 740·. .·.·. Vln:li.SF,A.RGOBASE;-M59 · . 5.11!4.17 --40,033.~. ··:.'Check:· . . .1m3/20M!·.. EFT·.··.· EtbikiPJ"c.tectianP:Ianr..lngCQioponOin .. ::.::Cflnwnia01on :. P.PWBI:I.h,J&CLFGD06.. ..\NEI...LSFAA.GOBASE:-~9: . S,!OU7 -35,729.1-s. Check ·· ·· ·12123J20-Q9·. ·EFT·:: .. : Eotat~~etlo.n~lannin.georp~· .Comm~or:': ·NJwatth,J&CLFGOO!: . . . . . WELLSF~GOBASE.-.M-5~. 5,11J4.11 -3(1,825.02 ~ 12!2312009. EFT. . . EJ;tttt PfQ.ttehn Plan!+lr.; Corpordon ·.Commlldon . : P.PWIIWJ.,J&C LFG 7G:Z .· · · · WEU.SFARI30 aASE~ ~:loU 5,11J4.17 -25,520.85 Ohi':Ok -1212312009 · . EFT .... ·.· E.t.ta ProtKdon Planrrbig CorprifiUon .. ::comm"!Aion . . NJWalah,J&C LFG oos· ... :.. ·.· .. 'M:LLSFAAGiO EIAS~ -.~551: .·. 5,11J4.17 -20,416.88 . Chook· .1ml/2QD9;·. ·EFT:·:: Eobo!ePr...diani'IBnn;,gCotpa"'~ .. :.Coolmlollan APW.Ioh,J&CPLI~30 · . ·· ·· ·· ·· lo'mm1nl-an . : ftP IND!zh,J&ClSL 771 : lfa'IW.S FAR;GO SASt:::.·a4:5S: .· 5,104.17 .-5,104.17. .... Ch-etk ·· ·· ·· · ~2J2U2(log.· :·: . EFT... :: Eatata. Prole.ctian Plarynlr:1geo.rp~on Commlulon · ." APWafl.h,J&CPU 1~ . . .. .. ·· ~ t:"~!l~ ~E!.-.&4!59: 5,11J4.17 O.CD :. Ch1!CI< 1213®009 EFT Ea1oto Prolonolng.~ordon Keulor,o.I..,..IRA (8781--42:2} :WELLS FMGO BASE-IJ.469 · -SPLIT-·· :3,150.00 ·-3.150.0G . . EFT : ... Eoto.te Proro1!on. ::. eo,...IU!on . . .. . . . ........... APPeloi>IOn,A-IRAi.LI891l . · .:: WOUSFAAGOBASE.'"'So.· .. 2,150.00 : -r•.aso.oo ·.Cheek .· · 1/1-412010:: .. I:Fl' S:.lat& PrateCCon flla~n.!ng: Corporrion:· . eom·mltelon · N' P.t!IM&On,A-IRAPJ.oo : Ch~ .·. :. 111412010 ·. EFT .... EtfitOO Pl"Oti.ctlcil P!innfng CCrptrrttiQrt: .Ca.mmlulon . · .. ·APP.atsna~,A-IRA.Lf!G 71S2. . .. : . v.n=:t..LS FARGO BAS-E.:.IH5!i. 2,150.00 . .-Hl,750.DO. . · ..·_cht~cll; 1/l412010·:: EFT· EtiJ"Ie:~c&nfl~ntJrngCorp.orwtiQn.·.. :cam!'!'!~: ·"·APPetatti~:~n,A-I~PU9BC ...... ·:·.~LBF~GOBASE-s.459 .. . :2,1:50.UG: 45,600.00:. · Ch•oll 1/1!12!)10: EFT Eotelo PrataooA1AALFG 2n :· : · · · WELLS FAAGO BASE- IJ.!59 2,150.00: ·45.~.00. ::-~::---:-.. ·Chod< . :. m~~~::: 111~~10:. ~~-- EFT ~=~==~:~~~-~=~:... Eot.toPnrtori:lonPiann;,gCOIJian>Um:. .: ·:g:~=: ·.cammlo~on . .. .. .:~~=:~x~~~: : .·.· ·: · ·::<=~:gg:=~:::::. ·APPotmon,A-IRAPU14D . . . . . . :; WEllSFAAOOIIASE-IJ.IfiD: 2,150.00 . 2,150.00l . 2,150.00.: --4,300.00 . .-2~1~.00 . .. 0.00 ·-2,160.00 . . Chod< ... :111-11201G .: EFT Estalo ProOtotlon Plono;,g Cl>fJimUOLIT, · . . . . . . · Chri . · :· · 111o4f2C10 :: EFT. . . &tool flr9t&.otfon Pltmlllg CotpDil!6an: . . . .· : CornmUion · "/APPc!~h,A.:I.RAW 099. · · ·:.·:.·:.WEllS PAROO.BASE".: 845&: · ·21:1!,00: •r1.9P.i.OO "Check·.· · 1/H!"Z01Q ·: EFT &tat& PN~c&n Pla.Ming Cotp~60fl· ::.. . ·.· ·· Comm.Jnlon I'P P~,A-IRAAXA.828 :. :: .. WELLS ~AAGO BASE.:- 8-4-5:11 215.!1(1.' ·1j72.D.OO _-·· . Check ........ "1f1-41ZO"'IO :· .. EFT· Ec.tat&ProtecllonPiarvilngCofporet!OI'I. ·.. ·ccmin:ili:l!lcm .·AFPI!Itnen~I.RALFGDOO· ... :. INELLSFARGOSAS!i;l!l45t 21MO.: -1,5(15.00 .... Cho!liUon· . : C.mm~~on :AP P•Otrooni\-IAA LFG 7112 . :: VvalS FMGO BASE•.IJ.459 . 21UO.: .. -660.00:: .... ··.Ch'fCk ·.. 111-'mlia ·. E"f'l . .1;;111lePro"WCI:I!ln~nnlng_C¢1"1'«1"!1on· .· · Ccmmlulon ·APP~~n/'riRAPUi80 ···lr'VELLSF.ARGOBASE.-.8459 ·215.(11l . ·Chtek 1./14.12010: EFT ·=.Es1ate·Pro~ec:ti-QnPil!mngCo.rp«l!l'!fQn· : : : Commlmon : :.APP~n,IT1RAt..FG2.72. .· ... IM3.l.SFARGOBASE-S459: 215.00 ·. . : -645.0C : :Check·:·: ......... 1/1-41:20~0 EFT E-s"b!U-I'mtectiQrd~blnninll!OtHPordor1". . .... ComritkR!fm . :APPeiQQn.A-n~AAXA'12.9 . ··_-WELLSFAAGOBASE~8459 2115.00 .. -430.00 21s.oo·· .. -216-DQ Chillek. ·:. . . ·.: ·.. ~.114'2010:. · Cfi . _e.~I•·Pratac:ijao P1ar..nln;t Corponrtlon·. : Commluicn AP Peh!rmn;A-IRA U'iG 1113 ·· · · 'M:llS FARGO BASE~ ~~9 ··Mo. ·Ch4K=k · 1.11412010 : EFT :.. -estatl'l Pmtelllion Pb.ll'nln_g: Corpordon· : ·. Com!i11nlon .AP Pei-Brwon,A-IAAPU 1•.0 .. ·.."_ "WEL.U:i FAR.!JO.BASE:r &4~9- 215.00 : ··-2a,110u8· . . . CI\oal<·.: . :11:1112010: EI'T .:: .. eo1•dte«ionP~nnln~C<>IPOrOUoo.·,::'::. · ·: : ·M-,8hlooy·A(6781-607)C.mmlo~...,:· . WI!U.SFMGO"""o-IJ.IfiO: ·: -sPt.IT- ·. . . . . . . . . . :Check·.·. . ... 111.1l201.0 :·· .. EFT ...... !!1113.tt.Protecllon P.II'Hmjng CofpM.IiOfl: .=-·:· ·· ·: · · · Comm!Mitmt." · . · · AP M.,rm:,s W ,aga · ·. . . "rVElLS FARGO BASE~ 5<45-9 . · ·. · ·. · ·. · ·. · · :2,890.51· : ~26,014.17 Cl'l:~ .. : ....... _112112010 C:~ : EBia'b!!·Prohi~Ofl Pillltlni.ng Oofpontlo~·. · · · · · Comml!:tlons.. : . . . .. . . .. /ifJ M;rr;i~~:,$ IV'.A..a28.: :.. :: mliS FARGO BASE,..,:&-459.. · · · · · · · · · · · 2,890.53 · · . :·-2312424 : Choe~ .· 11211201C ;!;rf' E~rtate.~~n ~nnl.r.g Orw:pmt!on . Commn...J.on:. . AP Monfllo,S LFG 006.. :. wa.LS FARGO BASE"~ 845S . · · .. 2,890.53 · -20~33:71 ·Ch~ . :11Z1f2CI1C .·. En Ea• .Pf.c-le-dionPlllnnl"llgCorpmlion :. :Comm:a.lona . : · M'Monh.,SLFG008. .. WEU.SFARGOB.ASE~·oot. · :.2,.!!:9"0.~3.": : -17,343.18 ·ChfJCic;.·.: .:112112010: ···:EFT &b:JtePrQ'~9dan~nnln.gCorpcratfon..·. ::Commbdon• . ~MorTit.,SLFG782.: · WELlSFARGOBASS.-.64:SS.. ::. 2,a&Q.!!-l: ... -14,452.65. . ChD!01IM : Cammlulano AI' Marrn,S AM 7Z9 : . ...... 1\a.lS FARGO BASE ·IJ.45g: : 2,880.5F -5,7151.1)5.·.· -~.&90.53" · . ··Check···· :U2112011l. EFT .: Eafati!IP'rotec5orJ-PI8nn~naCorpoi"athm :comtninfci.-1a·· APMMft:,SLFG1.83:.:· .. ·:.·:.·:.·WE.LLSFARGOB.ABE-8-459 : : 2,800.53· :·. . . :Chtu;:k :. . . . . . . . . . :v2~!2D1C . . . EFT .... Emte: Prctellfion Ff«ni11n; Ccrrp-omlon ·: · · Co.mtnlnlom: · · ·: · · .. AP MQ~Jil'!;,.B PU 140 : . . . "WELlS FARGO BASE- 8o459 · · · · 2,DW~!S3 · · 0.00 . -20.000.00 .· ···Check . . : :. ·.: . _ii2:112010 . : . ..~f::l .... ·~'f!. PTQte~n Pla.,nlng Cotporaljon ·:. · :Ohl.f'i, ~ (6181-620 Cortrm"•~O)"al:· ....... : V,'ELJ.•S FARGO BAS!=.;_&4~9:. -SPLIT-·.· . .. . .· . . . . . . Check·· ll21f.i!010 ·. EFt Emle Protl'!l~on PIEmnlngCorpcrrallo.n ·· :.cammlniDO · . APOhara.,RUI &91ll 'NEll.SFARGOaA6E-M59. .. 2",000.00: -18,000.00 .. :Chad~;.· .......... :1f2.1J:ID10 .EFt ~•'hiM Protec~Wn Plili1niilg CDf'JiorMion .. Camnju;lct'l : .... : ·.: JiP Ohar:a.RSLA3'J8. . \'YELLS FARGO BASE~ 8-459 : . 21000,00: . ~16.0{lD.DC .Cha·.: .........11211201~: EA EoOttePn;tocllonPioonlogCo!pcioEFt· Es~Promcii~P\8n~i0gc~o/~!1<.h _.· .·ciJmmfHrcn. ·· ·:: :: :·APOh.ilr~~J~AXA729-: :: : --~- --~ iEU.sFARGOBASE:.a.t5$:· .-z,ooo.oo:· . -~;oOo.oo .: _ •· ·ch~ · 1J21f2C10 .:·Eft· · ·· E•tJ:ittt·Pr-.Q-teG'!J-enPllinnlngCCJ!tl6r&tlan:: .. _.. : Cotntl'tli.!JQn .-. . . ·: _: ~-:-·_-AP0h.J~ra,RING1.5J . ·: :- :· __ lr.IEU.SFAAGOBASE!-·&4~:__ ·· ··2,c~.OO:- :.-~,000.00 · ~gChedc. . ·. "ChQ lili~i ··;r. ~i;~~§~~i~j~~ . 1/211'2010 :___. 112112010 :· EFT::-.::: Ei-latiiPfiltactlcnPIJmnlngCorporalion--:' .· EFT :~~~~ophC.R~IAA~n1 ~~c;~... • . • ~~~~~:~ ~::::::::::. ::.-."~,._.- Commisillon. · · E.ttzte·pfU1iM;:!jQrJ PllmlngCPrpordcn .:: ·.... :. ·:. ' .. Commtukin · · ·-.·. :- .. ·:. :. :. ·: ·.. :.: ·: . 'APKetilter.,J-ROTHIRA.AGL08L . : . ~SFAR.GOBASE-845~ .-··.· · · ·' · · · · · APKeqlef,J-AOTH IRA LBL 111··. · · :. VISJ..S FARGO BASE-·I!M-a.: <: . . ~:::r · ·· ·:625.00: . ·· ···· ·825:00: 2 500 • :00 .. ··.··.·• ;i:f · ......... --1)'~.00 .... :. -625.00. :... . . Ch~ 11.2112010 ." EfT.· ·· E•tate P'rolllotforl~milngCa-rpohrllan.::::·.<: :.· . ...... Com~an. ·.: . ·· ·· ·· .... · .·. . . ·APKcit:ller,J-RDiHIJf.A.P.U 140:· · .. ::: ~F~~O BASf:;-.845D· · .. :e25.00: · ..· ·:. D.DC:: ·.. : . S.t.!t& Pf"c.te01fon P(IIMI~-'1 Corpo~llon '::. . ..... : C~~ornm!Uicn · ii! i r~~~]~ . . . . . Che'*. .·. · .. · · · · · · 31-Ct.:llfD EFT- ........ APCMH:t-o,H t.FG 2.4-!1 . · ·. ·. ····'l't'a.l.S FARGO BASE-:8459. . · · · 5t388.35 -21,5:53.4() · · :~~· . . >> ~~: ·. : · .:. · Oheck .. : : 3/-412(l1D . . . EFT . ·. ::." C:ttata Pro'!ec:t10oi='~Jlrt1ng Corponrtlon. ·.. · . ::!~"""·;~··"2.. · • ~:~·· :'~~~~·~ · .· 1~l .:.:· :. Com·mlllt0r1"· : . : ·.AP Plccolef~.G AXA n~· · :· : "WEllS FARGO SASE.·.·8459·: 572..62 ': .... :.3~5,7.2 ~~~> .Ohe:c.k .. ~~li ia 5§E~g~~~~~if.~~lEC 314/iOtD· ·· :·> •. ,~~~~§ •·· •· · .!EFT· ... ·&tt~teProt&911onPhlnn.ltlgCc!'p~fJI"tiDfl·.·.:··· :··=.:-"._-·-:.-.-·:-C:-cmml:a.$1on:_.:::-: . . · · ·•• · · · ·•· ·. ........ · ..... · gs5~~:i~~f . ·.l ~E3iUili?illL ,APPictole&,GPUHo.· · .·. . . . ··INELLSFARGOBAS:C~S459: ·· . · · • i~§ 572.6"2- . . . ~r§:g ·: •572".6:2. ·. :~::-.:·· :·:~~~~~c· ~;j .... ::~=-~=~~~:~:_g;;;::t::.:: ;··:::··:::.:·::::·:~:;:~~t~~~~-·'"·~m-IAA("7a1~~1~0~~~~-~: :._.:;rt~:[;~~~:0~s9. ·.·.·.·:.:::_.~_~{'R~~BASE~·e45!J·: ·.· ... S12JJ 2: ~~1~J:i~ ,~~~· 324  .. . ' . .. . . . .·.. . . ·, . . ·, io;4oAM: :RETiREMENT VALUE,LLC- KPKF B~~ks • 0212:1/U : ·. ·Payment& to Licensee DefendantS •· ~cc;.u&l BU.I!L · - Mln;h 2009ttm>Y!Ih Man;h 2010 • ·_TyJ.. : -~ __ -~um_ N.Mo:· . ACCQL;nt ·: 8Plft !!obit -~·· Baiatcil' Ctleok 3iHJ'1010 ·. EFT- ·-&tateProteCIIcnRI!lnnlngi::orporrion:. · .CDMtnm.foo: · APOh.!lt.e,Rha-T!\AO~RALU8" ·: . ·:·>WEiU··~ARGa eP,se;~&oe59·: ": 2,152.3 . ."."c10,37M2 :· • Chtck 3111!.2010 ····eFT· :·.:·EitateProteetienP1a-n'run!:ICorpai.tian.: ·commbaioo . AP Ohoro,RI1a-TAAO !RA LFG Ill!, .. .". MllS FARGO BASE··. U!i9...· . 2,152.2.!1 : .•.. ·11,21!.~ .::Check 311112010 · . . ·. · EFT· · · Estlde Prot.¢i1Qfl ~n.ntn~ CDflJOI'~oo: : CotrUnbslcn. fJJ:l Oh~m,Rl'bi_-TAAO ~RA l.Bl.Jifl1 .·.· .·.·VIrE.LS FARGO BASE +.S.C5D··. __ 2,152.28 __ _ ... ·15,06!l,a6 ·: Checll 3111!2010 . ·. · ·.·EFT· . · ·. · &titta Pfclti:IG'IIc-11 Pl.mnl"'ln-g Corpotrion ·- ·Comml:sslon PP Oh•r~~.~Tf'AC fi'\A LFG 117 ·.·: ·.·. 1NEI,.I.S FAR:GO .BASE: e.Mi&.· . 2,1522-9 ·.. · .. -12!t1Ua. Check 3111/2010 · ·.. EFT:. ·.: Eatete ~teCi'lkm F1e.nnl1rg Corput.. lioo: :commluitlh. ·· A!' Ohorn,RI!o-TMO !AA tPG 2«· ._.··:WELLS FAAGO SASE· U!i9 .. : 2,,2.29:" .. ·10,7S1.-4<1 .. Cheok : .3/1112010 -.·.· . :EFT·.·· ··:EattJte:F'«lte~n~n.nlngCorjJ~oo:. . ... ·commlufon_·. AP r::oh•ra,RI'IB-lRAO ~AA.AXA·gM · ·· · ·"ll"'laLS FARGO BASI!·- H59· . 2,,2.28 . ' -<1,008.12 ; .· ::.cMok · ·_·3111J201Q .·.·.·.·eFT· ... ·&tateProteri~nA!.m'll.llgCorporafioo ·· ·Ct~M~Oil N' CJh.!h:!,Rftil--m.Atl.~RAJ.XAD01 :·.· ·.·.·"1NEL.LS FARGO BASE:· ~51- . ::21152.2-8 .. -6,45ll.fl4"• ·.·.·Check . 3111/2010 . ·.··._:_·EFT· ·.· _._: e.ta'!e flt~te-=t!=-n Pll.nr.lll:IJ Coq:niail~:-· · · :Commumoo /IP Oharo,Rila:.TMO IRA. lFG \83 :... WELlS FAAGO BASE· !AS9 ·: 2,152.2-!1 ·. . : -4,300.58 ·.:,·.: ChOok: ·.: "3111.12010 .. -·-EFT- -. -. Elsbh-PR.ltee'lbn PlaMiri11 Carpomtfoo:- ..... Co:tn~"N:a~Dn·.. ·. A!'Oho .. ,RlOt-mADJAAPLI HO -.·.··•waLSFARGO BASE-·M59 . .. ··2,152.28. ::.Check: . Chock" 3111/2D10 ·: .. ·.. eFT . .".'."'.Ealu'laf.'nl-tfl~n~nrJrtgCo.-par.stJotl: 311-!1.2010 ·: . ::.EFT. ·:. ~ ftlC:Ihletl(l-11 PleMIIl"g Ct~~p~on:. ··:· ··.·.··:CommJasion· ........... _Burl!!l'l, ,lohn E. (tl7U1ti193B) C1lm~n11 & M1r. Bcnw AP Ohlri!,~TRAD ~RAAGL 130 : ... ··'WELLS FARGO BASE" e-45-9 WELLS FAAGO BASE; 8-159 .· . •• .SPLIT·.. . . . . . . . . .... <'2,152.28 2,_15~.2~ 53,72Q,oj,! . .. . 0.00 _.. ·.~3,7211.-ta .. chcaic• · 311812010 ··.·:.!::~ ···.&mtaf!rnhlclla.nPwinlngCorpm;a1JD-r',··· .. Comlfllql011 · · · ·· ·· ·· ·· ·· ·· AP Biu1an,John EAXAQ:Je ·. ·:: ··: :. ·:·.· .. "WELLS FARGCI.BASE·-·2-459 . 5,372Jll. .·.'-46,3!5tl.55 . Check:··· 311812010 .. : . :. EFT.· .. -~Pmtll<:tla-l'l~lluinln.I!ICDipor.tfon· _.. . · .. ·... Com~crf .. PJ3 Burl~,John ELF~ 735. ·::lNELL.S FARGO BASE- 645-9 --~.~·""· . ~:~~~ . . :: Checl<. 311112010 •---•-~FT. • ... e:.tole~ie~nl'laonlngCo!poraiO!l·." _-_- .·... _CommiOOJon· ··/IP Bu~Oil,John E LBL 3111 ·' .· · .• • •• • •• WELLS FARGO BASE·_. IIA59 -·.:17,810.~~. Chool<• . 3/1fti201D ····EFT· ··Estatef'rotee11o.n~nnln-I)Corpora1fon·· .·· ... ·.::·:--Commlulon A!' Bi,~O9 ··' ··' 10U_ · ,. Fel<>wol~p Flnan~~ LLc• :C:Qm~A;m·:;·: : 1\f'DigtOvlnniA>'.ASo-4 .·.... ·: . ·:.VteLLSFAAGO:BI\SEL 591 · · · · · · · · WELLS FARGO BASE··!Ase·. -1,600.00 . ·;e,ooo.oo ·: ..- · .:CI\ook: · ·_-_5/lol/2000·_-_-._1013 . .":.F~Ipfloan"--lLC CnmJntM{on· .AP Dlg!OYioo:i 1.&1e5 ."." ."." ."." ."."· ."." ."."'fEUS FMGO SASE--&459.: ·: f ,'1100.00 .· .-6,400.00 . ." ChMk · . .511-41'2009 ·. · · · 1013. ·. FaHoWihip FlnMi:l'Gl UC ·eominiHI:ori.· A!'Diglovonh!MM= ........ ."." ."."WEU.SFARGOBASE·!All9. .. :1,800,00 .. ~.aoo.oo · • Cl>ool(. . . 5/1'1QQG~- ,_. ·:1013· . •- F~loYiohil>l'lni.no!oil LLC. . ·commfHion. AP DlglovMti L.9t155 · · · · ." :. :··.· :· :'r\EU.S fARGO BASE ~.:s.t-59 . : LGOO:OO ·. . ·3.200.00 . • ."." Choolc • ."' . . . 5i1~J201f9 <, 1013...• : F~lo\whlp f'lnonool LLC ... C~:~rn~on . · .·AP DlgiO.orri OML~ ..... "WELLS FARGO BASE ;·!As~· .._. ·.• ."." .". :· •: 1-,800.00 .:. ::·_~1,600.00 .• .Chock'.·. · · · · · · · · S/W2009 . . 1013" : Fd<>wsh~ Flnon~ol LLC ." ~m~~ . :.MJ" Dl~&rmi PAL113. .: "WELLS FARGO aASET".U5S ............. f,EID~.op .·. . . _. 0.00 .· Check· i/112001 · .·102J .: FalloJ.Mhlfl Flnan~fli u.c · . WELLS FARGO BASE, 8-15~ ·.· -.• ..SPLIT~' ·.· .. . ·a,OOO.OO -8,000.00 .. CI"HMlk:. ·. . . 611J2M&." ..· .. ::1021 ..:.: ·: .· FelloWihi,l Filia.ric:ilillLC. . Ct.liTHliHIDi(. ·AI? Matloo.., L..Nl177 · · .: ·.: :···. ·· v.eLLS FARGO BASE· &45&. · · aoo.oo : . -7,200.00 .. Ch.mk: &'112~ . ·. ·. · ·. 1021 · ·· Fat~\Whl;l Flni.nc:Ia! LLc· Com:mfll.al-oll .. Ap MuhoocyAGL 7JL.".. .. ··.·:.:.:.WELLS FARGO BASE.~M5!1_ . . . 800.00 :: "-6,.400.00 .:· Chtck· :.~112001·_: ·_:.::::1021: . ::Fe!Wi.wh'"Filiaridt~U.C. -Com~on.:·· .. :A!' Mohonoy AXIl BD4• _.. . .. · .·.·. ·WELLS FARGO BASE- 8.45~ ·. · · · · 800.00 :. -5,600.00 ·· Choolc- mr ...... ·.:_100f ~=:== ~~:~:: ttg :·.:.F~IpFIIi~ri~IIIU.C . :Cammi&.Kiao· ··-c•.nmrao~on: .¢~~;mlflla:.ll.on:·. .API.dllhooayl..NUI91 :- .. ·· ·' ... ·· ··'M!LLSFAAGOSASE·MB"G: .. Ml-luhihooey LBL 165 ·A!' M•honoy MML222 INELLS FARGO BASE:- 845-Q ' · · • WELLS FARGO """E,_~5!·' . aM.OO .:- 800.00 . · · ooo.oo • "-4,000.00 . T3.2DQ.OD ·-2.4110.00 . .. Chook' 6/1/2000. • ·. '•1!121 ·· :• Followohl!l FIJiJilldlll LlC . Cnm~oo·: · AP M•honoy lNL}Og · . . . •WELLs FARGO BASE,!l451· • · · · · · · · · · · · · · 800.00 • -l.IJollD.OCI . · .. _Chock: •: Check. .:: Che!:k: Check CheCk. .".fl/1/200l .·;_·•-1!121--. .· .:•F~~YoOhl!lFlnondaiLLC. ·:. 6111200!1 •.. :, ·:. 1021. · · ·. Fol~\\llhi!J Flnoridnl lLC• ··· &"1/2oot: ··:.··: 1024 61112COS .· · · · · ··102., :·. :·. Sl1r.zoot·.. ·.·.·. 100~ ·. ·.Frflfl.~ F~n•n>311!U.O: · · . ·:. FellowSh~ Flntndl'll LL"C .·.··.-::Felkl¥.Shft:J Fln!ln-ciall.LC:· · Cc-tntnink:n· ·:co~· .. CcmrnmfOn .. ·. ·:.·c ..ml"lliRioo.· A!'Mohonoy OML+!6 ~~:lJ'~~~~s~ > <~~~::~:::::::: A!' Polmor AGL 7l" ·· •APP~moi-AXI\&0-4 ·. ··.·· '< • -• ·' •-· WELLS FARGO BASE>&459- ." · WELL$ FARGO BASE- WO . · · ---•·WELLSPARGOBASE-·.. ,,.. . -600.00. • :::~ 800.00 • 1100.00 -• •. · . ·. o,ooo.1s .. '800.00 . 0.00 --8,000.15 -7,200.00 . -'l,-4<10.00 . -5,&110.00 Che-ck: .... 6/1121lm ·... ·.· ·.·.·1024 .·.·.. ·:· Fe!lcl\15h!p FinorjdallLC.: ... :t4!11n:QIIon. · · Chool<•· a/1121liHI.... · . 1!124 '·:F~~FinandaiLLC·. . ., .comodoion_ • AI' PolmerJHl920- .· . ·_-, •:·.-:-..- •. 1'/ELLS FARGO BASE'lK59 .800.00 > . -i,BDO.OO .. .. Ch ..k. · 611/2~011 ._._.._1024 ...... Follo""""'.FIIiohd .. LLC• · ··_Comt!'dnlon·_ llJlP~Ime1"L.HL591. .·. ":: ·:.!11.£LLSFA.RGOBASE-IW59 ·ooo.OD :. c4 000 00 .. ··: Chlt~k: . . 6"(1rnl0i ·:::·:··1024 .... :.-j"eJkl'Mihlp.Fbumclalllt:: .C~inn:ftalon·.· :PIP P~lnM'f" L..Sl165 ·. · · · · · · ·.·.··WELLS FARGO BASE~ 8459 · ·800.00 · -:J~oo:Qo · . Chook • 6/1m~H~ • · • ••'102~ •- Follollllhlp FlnondOI LLC." .· :comodnlon . APPIIlmotMMLm ... : : : : I'/ELLSFARGOIII'SE;&I59_ 000.00 •. . . ·2,400.~0 u..c: : ·· ·ccrnm1B4l.al'l. ·. _:g~~~:·::. ·: Check· · ·· · · 6.'112009 ·.. ·.·.. ·.··1021,. .·.·.. ·.· FelklwsN~ An-!lndDI AI' P~mar U>L7BQ · · · · · · · W:LLS FARGO BASE' !A59 -900.00 • -1,&00.00 ·).~:cJ: Chlll:k. : .:.·:.·:·:~::-:-:::..:::~: :_::·::::~==~~~~=~:·. 6.181200$1 ··.-::· 1026 ···· · · Fltl:anclel LLC·Fel!o~p .c-cmrnMion . •APPolmoioML.US-<- ..... _-_-,-_-,··-···WEU.SFARGOBASE'e-159-• ·N'Po~~lmerPAL113 ·.·· ::: ... ·: . ·."lNE.U.SFAAGOBASE·~-8459.".· : 'AQ..!..s fARGO liiASE- B.:-::... t::±:~~~g~~~:::~::. ... W Peteraon-IRAJHL92«l·: . . ·. · ·: · ·: · INELLS FARGO BASE~ 11-45"9-: · · · · · · · ·: ·: 1,0+8.00 ~:~::·· .·:..a,3!1.85 ··7,3-42.87. :-.6t2f3.6~ 01-l!lck :611212009 ·: 1-GJ-4 · Fel:lowllhrp Flmtll·chd LLC. :. · .SE'"'So ·' ·' ·· ,,184.07_ -17,85<1,67 -~~~1... · 325  . ......... ·. ·....... ····· .. ... .. · .. ........ .. . .. iO:..,AM ..•• . RE11R •• •·••· •• ··· ... : · · Cl)!ot Rol>ort f'li""'tt-Tro••. :.··· Voe~l$ fARGO aASE-t-15~· ··.·:SQO,OO·· ::.·.• · 5,000.~ · · < -5,~.~~ 4,WO.OO: . Chooli :· : Jl26!2liiD. . ·4932 : Flyon Corr Tobii.Aon..ot: !-0,000,00'". ' . AP f'lirult.R-TAAO IRALFG 7:!-5·. :. : 'MO~LS FARGO fW'Ec 3-ISS.. ~00.00.. .. . ..;,0011.00, 'Ch"ck. 5. · ·Chod(.'· 3f25J2010·· .. _·_49~ ~~ll< ··m n~ ..§;i§ • · .. 312!1/2o1o .. . Ry&nCarr. Ryooeirr: Ucet~ne:~nCerrt!O,OQ%).: C~msloo. •• . . //JPPricllett.R-T~IRA.LBL~1-: --~--~LLSFARGOBA,SE .. Mfill= ~§i~~~~S~E ~~~i~e~~~5 ·APf'liol ~~~~£~;~ :~;;~;~~;;; ·AJ>Oif'm1dorloi',M-IRAAl 1 ~.:::: '1,870,34>. • ·· .• :li:~r .-11,6112.3~·; ... > :.Cl't~ ··.··.··.·:.::7129r'200i· ·.· :·121(1 ::~rcdFln.ai'Joi&ISir:lllflgles,llC' ·C .. :,: .· .: -~ -:. : .:- : : :. ::. ·1o:.WAM. RETIREMENT VALUE, LLC; Kf'KF Books . 02123113 Payments. to Llcens!lJe Def!Jndants ·· :: .:A=ila111Mio ·:Typo: ·. Q.t........ NI.Jm :N.mi:i ,.,_ .: · :Checli: .: · .. . "SJ27/20Cii" t507:: Secure-d Financll!l.~l~~,l.LC ...... ::Amato (9781-139) Commislllan .. \Mill.S FARGO; BASE- 8459 . "-SPliT- ...(OO!I.oo::. :· · :Che~. · .... : ... _81271200& · ~~7 . . S4!~~d Arlandsl stmlegfes,UC CUontArlgDia.JoHPh Amato, Jr. .· N' Arm.to AGL 73l. . . .... ' IJ\IEL.l..S FARG-O BASE.: 8468 .-3,ooo.co· .,. .. Chaak 8127~00$" lSD7 ... SIIICUf.dflriandaiStnlle-gfe.,LLC ·.·. .·.Tata!S~$.200,00D . , .... · . . . APAmotoAXAUOL · ·• ·• ·· WELLSFARGOBAS.E:a-1$9 :·2,000.00 :: ·.cneck :· .:812?r.lOO'S"....· .1501· s.c:Qr~ Fl!;ar.oll!ll stral~gf\"I!!II,LLC .· · ... · · UoMlu:t: Dot1 Fal"l'ltat'Muhtr(10%) · AP Am"" m1 852 ·. WELLS FARGO BAS>'' a-1$0 .-1.000.-GO . .Chack · : 81271200'S: , .. ~507 S-eQ.Ir-e.d Fnmic:tarsni~gfi!I",LLC ...... · Nneto (67!1-139) ec.tnm1uion .. · · · . P.PAmatoLFG«;Ei. ~LLBFARGOBASE ..:MSIJ; . . 0,00 : .Chetk.. .. :WHi/201l:S.: ~n:J. Se<::Ur~dFnanc:lalsn-teg[ei,LLC : . . ~dlilttY(I578'1-11")CDliim&ial~;~r( ... WELLS FARGO BASE ·IH58 .SPLIT"·:.:· . :1.620.00 .: .:·1,620.00:: ·Chf!D1!, ·. · · :9J151200:S !7lJ . S.CUi'ed ~lnOiafstr.l~tt,UC: :·: Cbot: Roale M. GQf"dlar.y . · . :. AP Goldloi1yAGL TJL·.:··· WEU.S FARQO BAS!i • Wi~. · :.8-10.0<1 A,~.IID:· :Check: .B/1512001"··. -~,13 .·:. Securfi!FinBriDaiS'Irat~n,LLc. ·· . ·.·.·.··,.·.Totai$Am0unt81,COO.oo·· .:·. P.P Gcrdl!!f1)' JV(A B04 .·.. WELLS PARGO BASE • 8451li 540.~ -Ma,oo : :.... -Check :· :s/151200'6" . . . . U13 Secllt:ed f"riftricf&ISVBkl:g(~,lLC ·. · · ::.:: : W~~: EmtiL.LBisll:;~ld,Jr. ·· . . · ·APGordll!l:r~)' MAM 860 WEU.S FARGO BAS-i ~.iJ.4.!i.; 540.00 . O.M ·: ·~eck ·:· S/1812001 · 1729 Secu~Fin•ndsiSDM.~ea.U.c ··li!eU"~tiM·ll1761-lfi3)CQ·m~on: ..: v.ELLS .FARGO BASE' MSg .: -SPUT< .: .: .: .: : : • :. :7,ooo.ocr . :-7,000.00 ·. :~= :Chec\ .. ::·.:::~~=!::· -~~ _gmv.zoo& .:. :. ·.172:9 :< .. . ==~:=:::=::tt;::· S•C~.~r.d Jll11-•ndBI.S-nWUiet,LLC ..... ·: : :.:_: :. :·~!~=n~~&~~~-"·: . :.U~-e-a: Jllli'MI st1ZIIk{5.DO%) , .. .. . .. . · ·f.P ~lie11t1ne ·:.w-aali~tln~AAA~ MET 650 ·. · AP BoUOitllnoAGL 7~L. .· · WELLS FARGO BABC • &.4-51ii v.ELL$ FARGo BAsE: !Hll~ Voii!U.SFARGOBASE~MGII' 700.00 .. 100.00. • ... Ji;Hl.OO. !'~~-~ ~:900:00 . : . •. .Check:·· 9/16J200~ :: "·1nt·· fifl~~:Fmp.ndul.stndeg!cs.,L.LC ··· ··· ·· ·· ··· ·· .: ·Salti!lnlin-e(678"1"-183)ComrniH'IIturl . AP S.l!ootino MAM 1160 : WELLS FARGOl!.>.SE.·IHSI . 700.00 . :..,20o.oo·: :Choo~<·.. · ·:c.::··aalt""H""(67ei·I~3)Com-oo AP Ballr.mlne LNL7-40 .·. . . WELLS FARGO SASE:.. MSIIo "7tl-ll,Oo . "--350000". .Check·.. · . :Chack·. ·: ·· ·· 9116/20011:: 112V·. 9/1GJ200:1t. . _1rn: s/1812001l- ·· ·-;ns · .::·:Check.·.········· ·srHIQOOf. SerurodflnaocloiS1ra1o:IJI'!',lLC .. Securedfma"'C(at..straic;ias,LLC., =·· .......... ·.: .. ::Balfti.,Urw(67131-1E3)Cammll!lal:on ~f1+1a"'~~~~sn~ew.,l.Lc · 1725'.-: :: S.PJr~Flrla.;dllilstrate,jet ..LLC ·: .Bal[.emlnfl(678i·163)Cuml1"oln{gtJ ·. ··: . _:&1~ (87.!!1-1-S:!)Cornminibli. :-~ :::=.~L~2· . .. AP9ol~o!l/lO.ANlB52 .· ... ·: ~tt: ~::g::~.:.::::. WELLSFARGOBASE.'.IH59 ·. ..:~:::· :700..C?~~~~n- ·Totii$Amount96,342.73 IRA· :.·:.·:.·.:.·:.··.·.:.·.:u~~~:.SFS-RI!.Id"Thoroum(16.oo%)"· ........ . . ·WELLS FARGO BABE-M59··· ..'lPL!T· · · . :;APSiooiOn IAAINGQ36: . . ::·:: ··ww.sN•RQOBAs!;C·8.4~o· WELLS FARGO BASE -IH59 ... :: :.'·.SPLITC :·. :. : : :. : . . . :AP S..1)o(Ehre.)-IAA LNL 171: ...... : :·AP Soe1je{Eimel}L 7~l · · · · · · : AP Soo1o(Ehim}!RAAXAIII>\ WELLS FARGO·BAS·E.·· rAS9•. WEU.SFARGO i!ASFM59 :::··:::WELLS FARGO BASE· Sol 59.. . ~1.72. 1;641.~·:. 1 ~541.48. ··. 1,541.48: . ···m,n· \6~4'14<84 ··l21,n·· . 0.00 ""~1.5-41-4~ ···13:an:36· r12,331.88 • .. -10,790.-40 .· .. Cl1oek:.. •t=<>9 :. 1~03 ·· . :;Se«Jrodfl~o~claiS1ralogi .. ,LLC :· :· :· :· · · :· :E: ..·. . AP S..110(EV£LLSFARGOBASE-IH59 ... 1,541.46:· . -7,701.11-4 ·.··.Cl1kt·.·· 9122fl009 :· .:·1803: :::· . Secun,dFlriat'lcial:Stn~.u..c. ::·:: :: :: .: :: :: :s~SM~IRA(B781~1)Cil'~lon: ... :·.·:·: .... : AP Soo1)o[flriln: ·.: :.: : AP Soeljo(El,...)-IAALNL 591. ·.. ·:.:·:.Will.s FARGO BASE;-..,;: . . · AP S..l]o(Elm>r)-fRAml !02. ·:. ·:. ·.:.v.ELLS FARGO BASE-.8-159: .· :·AP Soel]o(EI-)-IRA!NG1!~. · · ·: :· VoaLS FARGO BASe·, ..59'. 1,641.411 . : 1,541.48 ·. ·: 1,541.48 .: "-4,62-4.46 .: -3.~3.00 . ·1,MU2 ··. .. Cl"'eek: ::. · 9122l2009· · ·. · fiKI3 :·:· · :: Se¢1jred Flriwiela~ Sbld;.gtH,u.c· ·.· :: · :· ·:· .: ·:· · :: · :E:lrioar.&t!~ IRA"(8781-81) CotnltUsf.crl. ·:: · .. :AP Sooilo(Eimef)-IRAoML«s· :· ... ·weus FAAGO''""E•~9 : 1,6-41.!52 ·:· · · · · C.OQ · · .=-:.~::!:: :=: : ..:.:..~:~f.:: . :<:;:~~n:~::i:=:=:;ttg:::: · : :~.:: : . ·: ::_:~=-~(tr.a~!k~~-~::. · ...... . "WEllS FARGO BAsE~ B-459 ··AP SOatlo (l!ltU)-lAA LNL 177·. :·. :: ... ···-$PUT- .... · ::wo:LLS FARGOI!ASE'...50.; .· ......... : 2:11ua .. •21,739 ..!1 . ·~19i~~t'iJ» ::. ·:.:<::~E:.::::._:.:e:E~:~==~ttg· .:::t.::_:-::;·::.·->::.. :5~~+~~=1!~:~>.::>::··:·:· . . AP Soe110(Eiolo)-IRAAGL73L ·. . . . :. I'IELLS FARGO BASE· Go\59 . . . ~.173.... : .,11,391.!5 . . ~:~:::: ::APSooljo(EI\: :::: ::WEU.SFARGOI!ASE,M69 · . 2,113.118 ··16.:!11.17. ·• ~= · :: · AP Sool]o(EI12009: ::.1•1L ·:.s.oorodF!nand~S..01oglet,LLC· ·. ·: ·. : ·· ·· ·· Soe~RA(6781~2)Comm!Dion···· :.z:~tr.:=:~~;';ft::ti•····.·.······~~~~~g~n:~: ·.· ,·~::g::: · ··10,U9.i1 mr E=~~::::::=:mg •· · • .•.·.• • =s~~:l~~lEe~ · +8f695JlJ . :.APS..Ijo(Eiolo)LNL591.:·,, ·: .. :·:.I'£LLSFARGOBASE·· . .59·· ·2,1n.ie .. .0,521.05 AP Soeljo(E!olo)-IRAAN1.652 :: >.: ::·:.:::v.t;LLS FARGO BASE·; 6459... ·: 2,113.90 -<1.347.87 ·: Chod< .. ·. tl/2312009. 1818 : ..:: So""od Fil)on~!llS~...jjl.,,LLC: ·: ·: ·: ·: ·: : ·: ·Soo!je-IRA (6781~2) Coommlon:: AP Sooljo(Elolo) ING283 . . :WELLS FARGO 8ASE.".Sol59 :. ·: 2,1n.SS ·2.113.99 .: 0.00 . ::· .Cht~ck · :· .9123.12008 1518 · St:!Cll,n'd Fln1n~ .strat~ea,u.c. :. :. :. ·..·:. : .. : ... Soi~IAA (6781-82) Corrirrm.l.oo ·: .APSo>~FAA~BAS~-84go: · • g:: -:: Check: ~=: .... m-4.1100til. :. ·:. 1.8S7. ~: ==~~=-.::::t::g ::&~~rl'! < •. .·.· .·.· _U;;~etl: Don FoiTH'I 'J\IIssner{10.00'%} AP BolloAI!mloimor lNG 201 :. . .· .. :WELlS FARGO BASE· a.tsL ... P.P BetWIJI.cnl.elmer TrANI 1!:5 . . . . . :."WE US: FARGO BASE ~·.f459 . :. . . \MaLS FARGO 8-459 . . .... 200.00 . 200.00 . 200.00 . :.<~00.00 .·;!00.00 ·:~::·· C":lle9k: Check· :.~001) .. ··.·:.1887 . ·:SeooredRnanda!SRiegles.LLC· .·· ··.·· W2S!.2009.. · · 1887- :. :..secured Frmndal- str:a.lr.g(es.,LLC·. ·::·. ·.· , ... Ya~IRA(8781·22.1)00mm1Mion.. :.: :::· .Cfl:ent: "Robi!!rtG."Yatt:t=·· .· · · · · ·· · APYotooANII!l2 · BASE~ ~SPLIT.:· · · • · • · • · ·WELLSFAAGO BASE·IH59 : o.oo.oo ·· ·...... GOo·oo .:~oo.oc-. Check: ;om1.2ooe .·.·.. ·.·1887·· ·-::&~oorti:d Finan~BI S"lratr.g!oe,tLC." . · .. Tel:l!ll $ Amoum $30,ooo· .. APYolosLFG71l2 ·: . :.WELLS FAAGO BASE· 8-159 ·. 200.00 . :·.;!CO.oo· ~: &m120C9 ."." .".".1867 ._. ::·seCo.ited Rntinci•IS1i11teg!et,LLC. . ......::Uceme•::Wil11:t~mE, evan(,4%) .. APYoiMiLFG 56$··: ..... :: ::v,au: FARGO BASE· a.!59 : . 200.00 · o.oo· . ·:. Choak. · ~QGD .:·.: .·.·1925. :: .·.·setured RnanciaiStnlag:!u,LLC: .... :. ·:. '·H~1.1.RA(67B,-i79)cam~on · 'MULS FARGO BASE' i!o!SO .. :. ::::-SPUr.· ··. ·:· ::: ·:· :· .. :·: ·. :: . ·.2~9.20· . Ch&ck: a/29!.2009 ·· ··1925 ... ·Secured filnoancialStr.te:;I1118,UC· 04lftlltR'Y""!DndHill.·. · · . AP "HIU IRAIIYPI.."$162 .·. . · · · ·.· .·.·wr:LLS 11"ARGO BASE.:.IWS9 · . 1"24110" ·····I~HQ AP ~Ill! RAING 03a ·· . .::::. o.oo .. · ~=: Ch.,.~: ~:~:: ·:·::::~ ·.:~:=~~~~~:~::ttg;_.:·. ·:·:::.·:._:_:::·_::::.·~:~-i~:1~<:ft~~~-loJi 101512DOS. ·. ·:.1041. :·Set:r.Fr-ed ~Jtnmcle.l S'!ralsgt-.,U.c· · · · ClientJ!Jol1 E. Nele.on IRA .. . AP Wolsim-IRAI\Gl73L .: . ..... :·v.ai.SfARGO.riAsE- M59 l'oBl.S FARGO 8ASE· Sol~l · · · · · · ···SPLIT·· . . . .. .. . .· .. · .· ·.:WEllS FARGO !IASE-&459 . 1.24:60 100.00 ::wo.oo . . .·500.00:. .:--100.00. Ch~· 10J!'!f.2PD;i ·.· ·· 2G41 · ···Ser>-IRAING 03a : ....... ·:v.eu.s FARGO BASE.,t1451··' 100.00 :.. '100,00. · .. '·. 0.00 .'. ... Choeck · · 1 OJ51.W09 :. ·:· .2041. ·. ·: Sec:ure.d Flr)and1f strmegle~,LLC·. Nelson-IAA (6781N1 P2) Com!'MI~m, . 100.00 · Ch~ 1 Oni2POQ .· ·. 208J Secur~d FTnMd~l Stndeglet.LLC· , ~n~ IRA (6781~Q') Comrtlit&h:•ri ... , WEI.LS FARGO BASE- 8-151 · ·:-SPLIT- :· ·. · ··· ·· •.·.:·.·.... ·· ·. 616,0[1 · ·-•no.co·: · .MJD\Jnn,.IRALNlin.. . . WELLSFARGOBASE".;.8459 .·. ·5A-O ..MI· .· . .... Ch~: ......... : .1Wl/20fJ'i·. ·: 2083 ... ."Se«.~roedFlnl"'nbi~ISbl!~egle:~,l.lC·:··· .. Cllent:lollAnriDunnl:RA· . .AP 01Jnn-.--IRAAGL66t .. ::WEllS FARGO ElASE.:. 8469·' ~115.1!0 . . Chect. ·10nf2(Jo·EI ·: ··: 2083 ·:·. s~~redfilnenr::falstrJIIt~M:tLLC· .. ·. · . .·:·To;o.j.$Am~:ll.lnt;3l,B'DQ.>QD. ·ChM"k · · 1-QI71200~ :..:._ 208J. ·... SetUred Rnllnd;al Slratagtea,.uc: ·· ·. · · .·. ·.: ..Uoeh• - · ~ ·- · m.oDIll : . · ·: Ched( ·.. Hl/71200~ :: .: 2083 : ·::Secured Ananclai Strl!ltegln,LLC .." · .· .. · ..txrnn · .c,ll;edr: ·. · · · · · · · · · ·1-cn1200g :: .: 2083 .. : SecUre-d Financial Stnrtegi~,LLC.. ·. · DJhn . /AP Dunn-lRAOML~.. :·.. :: WEU.S FAAGO BAS:e.: 8-45!1-:: · . ·: Q.OO :. -~~::.. ·ohe<:~ ........ -~~~::·:: ·: ~~~ .-::·=~~=::::=::ttg:: .·.:.: . ·.· . ·.: . ·:.·:·:·:·:.·.~~-G~'eea.dltHRA .. 10171'2009.". .".' 2122 .. ~redF:lt:t~c:il!~~egM,LLC:. '· '... ·. '.. '· _:·:.· ... To.tal.$~nt20,DOO,OO .. ·weu.s FARGO BASE- 8459 · J..PBtldltr-tRAHU 8i4 ·:· · /IP Beadl ...tRAA.Gl73~·: .: -sPUT.:.:::- :: .: .. : .. : .. : .: ." . . :· ~SF.ARGOBASE- .. ·,: v..El.LS FARGO BASE .. ·f45ii .. 8-45:9 · ~·.00 . ...olli'OOJJO . . -3:00.00 .· -:ZWcOO Che-ek 10/71"2009 .·. · · 2122.. Scoorcd F1n.an~a~Str:ateglea,UC : · : · ,._., · Uoentee: 01rf:B~ad!!o (8.00%} · ·. ·. ·:APBaadll"-IRAING201.: · .. :WEUSFAAGOBASE,.,.&-469: . ·100,00 . c~ .1D17f.ZCG9 ·. 2122 Se:t:~m~d" Fln1riciat Stnt~.U,uc :::·· . . ·..-.. · ·-"Bcitnfi.i--IRA{67!!-1-2ft7) eornmisfrfoo :· . . . AP Beo~o-lRA LFG 566 . . . . . :: v.ELLS FARGO BASE-8-159 · . . 0.00 : . Chec:k ·1D.I'Sf.2009< .. 21-92 &cul"ad Flnitnc:il:ll Slnllltgi:at;,lLC :. : ·..::.. ::. . ."." "BIII~n-IRA(-6781-HI:l) ClU..m~LCLNLl1i1:· ·::·: MLLSfAAG06ASE-.MS9 1,000.00:: · . 4,DQ0.00:- ·.. ChecJI: _10J22120C11 :-· _2«11 .· .. ~eel Fh'•~nolui-.SWI~asi,LLC :- Ucem-~e:. WH[B"" E:wilifls. (1%)" . : :AP tunm l.LC !-XA80.t.:. -· .-- .: MUS FAAGO BASE~ 8<459 ·· 1,000.00 .. ·-- . : :-7,000.0C .: 'Checll : _101221200'9· · :: :2-44G·__ -_-. Sttoo-re-ciFlna~eli!IIShl"9iilt,LLC_.:· ·:·. C1l~c;.n · :AP'Lunm LLCAXA 146. ·.- :: 'WEU.SFARGO BASE·a-459-- : 1)]_00.00 __. ·· .. ::::··..a,OOO.OQ ': Ghod< 1br.w:root. _---.,. 2446 · ·' Be~~ Flhan~l!l1.stn.1;~n,U.C·.. .MJ'll.ltetn U.¢ i..Nt:. 7-40 :·_'WELLS FARGO BASE-~ 8459.". 1,1lLuzom UC LNL ru: · : . .. ·: 1M!Wl FARGO !lASE -1!.4~ 1,00o.oo·: :·:: . -·2,000.00 ,·, . .•-__ <.• • • < .• .......: ": :•:-.•: ·.-: - - - - - - - - .•. .-:ChOO;i;'."' .. __ Cho.ek .._. ·· Chm: --~=~~:.ti!. > ·=-~~gg~~;;; . . . - 1 ~~·.: - 600.00- _,::HF •• · · ·chool;"- · · ·.. Chec£. . _::_ ·-:~g=: ·::---~::r =~=;~~~~=:::tt~::· ::->-:-: ;;·;:·~·>> ~~~=:~·2~=~ .:·::·-.:~~=~Ll~~--·::· :::· -::-:=~:gg::·~=~s:: ..-.· :-.:· ... :-: ~::~~ -·- _ ·_ ·_ -:;.-:r~~-- • mr :-.::: ~=~~~=::::::tt ·Ghook _101221200~ .: 2467. So'"'odF!o•odOJ-..,LLC; · ·· ·· ·· ·· ·: .: Uoo... oo:EmiLL ..IIow>~,J,,(IO%) ·· ·;APNo....-AGU!IIL ··. ·.·· . . . . ··--1NELLSFAAGOBASE'.-~~9 166.68: . -0.00·· ·:Ch,q.;' ~~=: OJo.;:A!tanw;Sd,ri.l·:~ ~:< ~~ :~ ~- ~ -~ -~ :~-:- :- :.... : · .: : : 10J29120[]g :·· ·· ·_2700 · ·:: So'""'d -~ -eo,LLC.. :.. ·. ·. :. ·Client Lauren ot1o-IRA.(i781-32:~:x~~tt·:r-~~~:~:~~:~-~~~-- ·. Otlo,L-HlA HL.I _._: _ ·_ ·_ :"'.,-:··WEllS FARGO BASE- M59 ,_~_,~: 111.1~ 1.111.61·: ~:.:: :;_·:~~~,~~~~: · · · · · · · · · · -1,0Qj5,6S' . "10~~ :. -2700 · · · · $o00rod Flllono!OJ·S"""ogi,.,LLC-. ·.:. :: .: .: lobo! $Ama•nt ~,926.41 ·. 'AI' otloJ.-IAA I.LU~b : : .. :: .: 'NELLS FARGO BAS~:- Moo HU5. :". . . ·: ·: ·: · _. .. _., . Chtcl< : '"Ghool< _: · i~= ~~~ =~~=~~=:::t::g .• _. . _._:· · ~=;:'i\sl!n•Rodg•,._l"OO%J ~~:tj~=~~ .. ~~~z:~g~~::!~: iil::L ·· ·· ·· ·· ··-·· ··--·· ... :ffi~ ·. '"OhKl< : . '·Check : ·Ch~ck : ._:·;~~=~::· .:.~~:- :-:.:::=:;::.::~re:~:ttci: :1012912009:: · 2700 _(·_: : ·: .: · · -: :.SeQ.IrodFin-ancl-llll~tegl~tS,U.C·::: ._:·:: ": : ~g:t~~i~~f N'otkl,\.~RAAN:IZ!52 -:·::~~~=:=t::~; :. -·wa.LSFARGOBASE-~845-9 nt:~.·-:-. 1~1.15. · --:.-:.·:: : :::-:_:;~::.-: --~35.56·.·.. ::choo><·· :. -"-Chbdc.-- ··.·:.Ch•t:k.". "".Chook ··.chock .... ··1r~ ~~ §§~J~~E.~E:~ < • •· ~~~&~i~~{~~~~.} - : ~~~~- < < ~:::::::: •.• _.- __ --.-_-.-- i:~:~ . s~.~ --- ~:~ - .. Ch"": _: ·--Ch"" .. ."."Chod<"" . "Chook: ·_:_Cha-ck· n:: 11/Ja00l1·:.· .. 2m 1113120()$. :.·.:2021 ~:1 5~::~s=::~ < : &e<> e~o.oo:. ·· ·: :. :. :. 600.00. · :!S:5-..1.000.110 ~.200.0~ • g:: •. :: Chook: .. ·:.Chook." . Chock" : u:> ~m F.ss:~~;s;::~ . 11f.l/200!> ·· ."."2621 : ··$o00t.OF!rjon~~Siratogi... LLC .. :_: :: .:·t1/liZDDS-.:·· ..:::28:2&::.:.s:trCUr:edFlnlllndiii-S~~cap.c_·.:·.::": . < •- : . . · .· · · · ·· :·: : : : :·:·· : · : : .·: __ ~_ .. : : : : ... : .... · -.- • • ~=~~~s> AJ>S!o •• ::·S..121MdFl-ne.ncfaFS1n:t~$e 1 llC·· -:: ........ ~oe:'"oo:J.. -.- .ll~ > . ·• .• • • -. - .• ..• . - - - ~~ffi~E:~~~~E ·S§~~§i~~ - .• • •- !5:~ ·_Ch:-:-::~-=~::::g=~-~:=~;: · :APWoiOIO,R.JAAANI 521:. ...• ·.:cwaLS FARGo llASE- 6-159· . . . ·1,5H.6l· ~:=~r·. 1~.n: :. : ::t~~1:~. . -1,004.82.- . ·-Chfllck -·c-· :_Chick: . :-~~~~;:~::-::...·:~~~~:. :::-::.=~=~=:::~==:ttg;:·:.::-::::-::·:::_ . .· ... ·::·;:.:·::·:~: ::_::_:<::· .:· . :· :·.:· :. :. : :. :. :......... :~~rAA~~~E,~~-~9:: :··:~::·::::·. .~:.:~~~~:~~?-~.~~: :: ......... :: _ _'~_~: 1 .. :.·:.;,~:~~: · 11113/2009 .".". · 3113 · ·_- :·_$o00tod Rnonolol&tiatogiO.,LlC- : . :Ciillnt R.O.rtJ. W~....IRA (6781-.J1S]. :. AI'Wci..,JHAAMM04 _-·_-··_MUS FARGO BAsE.- 6-1!9 : . 704.01 · · · · · · -o~J!i.75 ·:cr.oclc. .··:·11J13f2Q!Je.: ·-·-3113 ·· ·:s.titJrm:IFimmclal-Stratavl.a,.UC:."·:.·· -Tota~$Amal.+nt15$,46Z.f10-· ··: ·: APWulo'II,R-4RALLI699 ·. .. ··-'WELLSFARGOBASE..,~5SI. .. . .: 70-4.0.0 ·..s,el2.1;17-- :'Check. . :"11/131200"9 ·:3113_. ..·-:S.ialffi!Fini.ni:laiSIJ'at~le:.,lLC". :· :Uceriaei!:~R.aberi:J.WCio&:a(10.M%)- APWoloa,A:-IP.ALNt-.7~:- WELLSF'AR.GOBASE---5<45&1 :· :· ··704,Q.8 ...... -4-,tr.i!~.S~. -::Ch.. ~k- 1~/13120CS ·:·. "."3113 . . ::~r~-~~~!"l~·~l~~t~~+-~c:· :CcJmmiHfon·. · .... · .·.. . . . . ~W~~.AARAING201: ·: .. : ~Ll~F~GO~~~-~~-~ .: -: 704.01· .. -4-.22-U1 . · ;.~lo$··· 328  10:~AM RETIREMENT.VALUE; LLC.- KPKF B9oks ·azm1u: ·· Paymehts to Llcellsee Defendants· :· · .ACC!NII&nls : Ma.:Ch 200illhit.ugh Mt.:Cti 2010 • . Dam.. :Atcduht . .TYI'* N.um. . Narr.· : .. ~:;,s20A3. . . Choelo 1111:mtld9 . . ~113 .. Soa;'O,R-IRA PU 930 ·. ·. lMill.S FARGO BASE· 8-159 ··2,!12.27 ... Ched<. ...Check 1 H13J2Q09 : ... '3113 .. · .... BM:u.ntd ~r.r:ll'l! ~e.g~ts1LlC:' . 1 1f1:mtiOY. : · 31l3 · · Sec:Yred Rrnnt~hsl Stret&glei,LLC. . ~=:~~~~=·· APWoloo&,~~RAANIS21 . =~z:~g ~~:::~:· .: 'IIII:LL$FARGOBASE·MS9·.· 71).1.06 ·!,gi ... U.C. .:AP~CLFG 006 C. . . . ·. :·: WELLSFARGOSASE.·a459:. 120.00 ··120.00 Check· 11f131200U · · · 3137· · · ·.·sewred :Fto!lndal strategle.,U.O ·Total$ e:mount$12,000 ........ · .... CAPA!tolit,CAGL062 CC . . . :·.WELLS FARGO BASE· 8-ISi ·; :IZll.Oil .: 0.00 . · 1H17!200B. ::3176. · ...··sea.JredFinand.aiStrlrtlgl~~t-,U..C: ::: : 'M'!LUI FARGO BASE· &158 · ··· ···.SPLIT· · . l,200.00 . . . . . . . . . -3,200.00 ••• cnont Si1o~l Siostk (5;S1-359A) < Checlc. :: Check: .· 1!1!712009 . . 3!18 ·: ccSowrod Fin""""" Slroto~!".LLC: · . cAP Blooi~ShOrol w 199. . ....... :...'M'!LLS FAAGO ·eAse ;·a.~sf: 8oo.6o . ····2.'100.00 ·: C'"-l!ltk: · · ,tH7120D9 · · · 3116 .·.·. :·Ser3.nd Fl:r..Dllcilll s.rptegiet,LLC . · To101 $Ainountao,o~.OO · · · · AP St~Shere-~:m 6&7. · · . ·... ·.. ·. ·. ·. · ·. ViE.l.Ls FARGO BABE-· 84S'9 · :. 000.00 . .• t,61f0.00 Ch&Clk · 1tJ17t.:':OOB · . · ·31?6 · · · -~~d Am:~nWI Stnrteglet:,I.LC:. : Ugafllea: Mlchasl M-all'DW' (1.0.00~) ·APS1ooiiO,ShorO!AGLil62 .:· .. ·. W:lLS FARGQBAsS·I!ol59.: .. ·aoo.oo .: :..aoo.oo ::Che-ek: ·:.nH712D09 . .' .. 311e ·:.SewrertFkUil'ld81SirB-I~,LLC' Coi'l'(riUloo,.:· ... ·..... · :·AP SlooiO,Sheret·LBL nt · .. .. . C. 'M'!LLS FARGO BASE· &109: 800.00 .· ·. . 0.00 . Chedi.. 11120J200!i! .3~f ·.~.,d Fl~anci;I!IIISira'tegiM-,LLC· ·. · WElLS FARGO BASE· 8-169 :. :. -SPtJr· .,. · . . . .. . .' -.........wa-.e.s . ·. Chel::li. · ·: 11 I'ZOriOOi .' · . .' 32911 · .·S@:ClUf!ci li'I.IUil'l.:::lal ~fl. 1 1J..C·- C~f:tl1i C«rielli loLtiH:.AgCnt (6781--Q.DA} _: _, : : AP 1\pI C : ... .:: CC'M'!LLS FARGO BASE· 8-159 ... 44D,Q.4. ,3,96!.11 : 11 I".Z0/'2009 . ·: 329-e ··· ·::Sec:llr-ad rln~clal ~~lftt!-,u..o: a3,t127.92 ·: Cheek: .· 11120~09 : 3~ Sea..t'!111d~qnci•1.Sf:m"illl"·llc. ·TGtal·$ amOunt $220,492.50 ··· ··· · · · · · · Uoomee: Don FOI'Tftt. 'Mtml.er (1C%): · :·· :~=:6:J:~L ila:: · 8 ·:-.·~·::=:~:~~=~:=:~.: 440.9'i ........ 119 ·: -3,C86.93 = Ch&ef: .· C~adr. . .. : '1112012. · ·:Chook:. · . 1112Q/2009 :: . am· · :. ·: · ·APAgent,C-IRAPU m · · · · :WELLS FARGO I!ASo·M~9 .: +10.99 .. ·!,763.96· .. AP~t,C-IRA LFG 566 . . . :. ·.:. 'NEU.S FARGO .BAsE-:- 84!59 :· . «o.IIQ ·.· -1,322.9?: .. APJ\gon1,C-IRAAGLIJ62· · . . . 'M'!LLS FARGO BASE 'a-1511 · .. +10.99 . ::==::::.:· · Cho~.ar: · · coo·. · ...54,07. ·711M•>· ~: ·· ··l1JZ4120~ ·.·.·. 3359: ... :seCl!l'&dFruulciaiSirtrtegJ.H,LLC .. · ··:.:: . :: . Total$4fi'HluJlt~2.70-3,56·.·· ·· ·: .. :N'H~,MAA.WM!=9·:. : . ·: . ·· . ·.:.:.·~FARGOBASE-8459 · . ·-6&3,2-5-• .,Chotl<.. . . .. \!/W20Qg :; .: l3S9. :: ::Seo.ndFihon'"'isv.ttgloo,LLC.:· ·.. ·.. ·'Llcotluo: C~~no~odg ... (Bl13.U1 FARGO BASE· $459: . . -512.1.3 . :-: Chedc . :: f1!.W2009.:... 3359: :SeaJredflrt•itohil$tr$1tgli;e.i.J..c.: . . · · · AP H""*",A-IRA lNl74~· ·:. ·: ·.: CC :·.weLLs FARGO BASE· 8.459:: ...27.02 .. · Ch...::k ._ . : .. ~ 112412009 . -. 3359. .S:f!~/111!: Flnancll'l:l sn1~.u.c .:.- . : · . .·. 'J.P H~.a~•aA-!RA lNG :201 ··:: . ·:: .:·:·.:: . -:WElls FAAGO RASE -S-4511'·:· ..--141.81 . ::Chid:· .. ·. 11/24120"09 .::.::3-359 . . ::~rfl-cl"~nanch!iiS!ntteglM 1 LlO:.· ·. · APHuUa,MRAANIIS2·· ·····WELLS FARGOBASE·~9 .: ···200.20· · APHuuo,.\.lRA l.N~ 7$2· · · · · · ·, ,· ... ....,LLS FARGO BI\SE.·8.459·.: .·~no.7:a: . . . Cheek. ..11r2-4~(;19 ... 'Jl:SS: · ·'·Seoo,..,-d" Ananda!,Sh\eglMi,LlO · .·. • ·. g:;:: •. ·. . •11~= .• • • :: . =;: ~~== ::-:.::ttg . . > .. ·. ·....... . . APH...a;.,MRALFG55o ·.·.·WElLS FAAGOBASE·a-159 ·: ·.· .. . A.PHu:uaMMfNG038.: .... : ·: .M.I..LS.fAR~O.BASE·JJ-4!;i9 :·. . ,4!US . ·o.oa· • WELLS FARGO !IASE·$459 · · · ·.aPLrr·· ··-7tlo.oo: · ·•· ~~ •. ••> n~::: ~~: =~ ~~1==-~=:~ > :: ~=~ :;tt:JAA187B!..7l) AP FrHdt,D-IAA un.. 2SA ·· . · · ·. ·.: ·:'~JELLS F.l..im·a i:l..ASE.- 8.459 · . 116.65-- · .se;.;s · . ::~:: ::Check ····:.~~~=:::·:: -:~~:::-: ·-~~=~=~~==:~·:-··:.: · 1M!.4/2Q.C.!I ::· .=: 3379· :·St;o::ureQ Hn11nd"!ll snt~'"'L.LO · .: . :::.:::::···:·::·::·:.::::g:=~::melaFrtake(1~%): AF' Ftoodl,D-lR/1 AXA 826. ·: CC ·:: . :: .:. WEllS FARGO BASE • M59 . . APFra11dl,D-!RAPLI sao···.·:.::· ::· .::· ::WEJ.l.SFAAGO B.A.tiEa-~51i ·: :· APFr..m,D-lRAAXA61f7 ·:· c :·. c ··waLSFAAGO BASE-!.150 ·•· ... ··:~~=::gj:::-~cm·: =... ·::::::.·:::~~:g_g:=~.:=::: . 118.67. . 116,67 .. · . 118,ST · 11itii,S7:. -~s: -35(1.01: ·-2:33~· . ·116.67. .::~=. ::.::-..::~~~~=-:: :~~~~: ·:=:~=:::::::::;{±g:::· -~·:·:>::>·:<<<>>:=:·=.:-:-:·: :. _:-:---:·_:: ::- :·::·:<: ·· 1'/ELLSFARCOSASE-&159· c· ·· ·:>APSb>olk,SAXAB26. ·.:. ·:· ·:.sPI-IT·C :· ·:· :· :· :· :· :· :· ':'.. WELLS FARGOBASEca.IW : • 11U7 . ~.eoa,w. : :0.00 . : ...&00.0\l: .. ,000.00 · ·•· ~ · · · . . . . .• lilm~··•·•···~- ····••E§~~~;!;:~~ ><··•·•-·····-.·•·•··•·•·····~;~~~;,': ... APS...k,SLNL26A.·. ·: ·: :WELLSFAROOBt>.SE·M59.·· : -3,200.00: · ·. 1\P Sb>olk,SJPI OOZ.·. .:. C\\f!LLS FARGO Bt>.SE • a-150 ::· ·: -2,-4-0D.OQ:: AP5toolk,SPU680. . :: :: :V/ELLSFARGOBt>.SE:·M~9 .. : ·· •t,SIIO.OO · . AP Stooik SAXA 597·. · :· ··. :WELLS FARGO BASE -8-159 . ·'.....SOD.Q-0: :: Ch..t< · · · · · .,,a5120tH.c.: ·. mr: ·:: cSocuied FloondO!Stnto!lle-,LLc·.: . · · AP Slo~k:s LBl n! · . : c:: ·::. :.I'IELLS FARGO BASE •MS9 . ·, .. o.oo: ·:Chook . . :'cct112.!l.ZMI~c· .,..02. ··.:"""'~'"'FI""'o•!Slrotogto.,Uc·:· ·: . ·: . . ,·· .. ·· . . . . : : : ·. : : ·. : 'WEU.S FARGO BASE -·s.css· : .: .:SPUT-.' ·.' . .' . .' .'.. : . .'. . ·: -MO.DO. ::Check · · · · · · · ·11.1251200:!1 .· · ·: 3402· . :·Simi~ Flrum~al- e;nte~n,l.LC· · ·: .... · ·. · · · ·. Clhmt\r'i':adf!. & Dorothy BaDey (678l--453). AP 811lley,W&D JPI 082' ·.·. . ......... ·WELLS FAAGO BABE.-N59' . ...t.OD.OO: AP Bolloy,W&O LNL 782 · · · ·.1\f!LLS FARGO BASE ·8-159 ·· ·-200.00 · Che-ak · ·11.125/iOOi . 3.402.:- .'Simi~ Fln~nl Slr1.tfVM~U.C.'::· .' · ...... : .::- Tl:rlu1 $ •moOi0· :· : -4-72..52:. . ...(72.52. ·:.Check·:· ·::Check .. : 12110J2ll09 ::-.:.EfT : ..-&-c;urti:dFT~ilnciaJSita~.a,U.C: · -.:1211012009 . ·EFT· .. =&¢u-r•dF"'mncl.t.Str-atesrttw,U.C·: 1.aureenM!IalteOUoiRA(B711'f·32CA) Cammlnlon =·=~~~G~~·< ~~FAROOBASE·Sm. . .....••• 116.!l . --3&4-.39 ·-236.2\1· ·.Check.. 12/10."2:009 ::·.-EFT ...... SeotJI'-II'dFII11iu~laiS1tiltmghn,l..LC:: · CommJUJon: . _AP OUo,Liuren-liV'!. ANII'r.i2 :. .. :·-weJ.S FARGO BASE~ . 6459. · 118.fJ .. /lPOfto 1 LIII.J!'~n-IRA.lNl.782: ... ·WEU.SFARGOBASE-845!l' · 116.13 ·~11!.UJ ··: . C'"-e-oll... . ....... 12!1012Ofto,l.NoiHRALFG~ .. · . :.WELLSFARGOB/IS5·M59 1lBe!> ···Che-ck :.12/10J20D9: :.eFf.:·· . ·.SecuredFinandaiS1rab!,g~H.LLc.:: Tel'iyT11IXI'IpWantAA{67!.1-4-14) · .. V\a.J.Sii"AAGO.BASE.:N:59 . ·.-SPLIT·.··:··:·-··:·.-··:· ... -: : . : 2.3~9,~1 : -2.'31D.!il· .. ::~::.- ~~~~ ........ :.: =..:-.-:~~:~::: : .=: ::~r ··::=~=~~~~~=::::::ttg.:: ;2/1tm"Oa9 .· :EFT: ... S~~d Fjrt.!lnl:iftl Shi-~~:Qiftr~,W..C ·. g~~=~~:- C\lmm~oo: :· .. .. .. . ·.AJllho~,ilAAAl···················l······· VALUE, LC..... > : Books. • KPKF .·. ··P~yn1~~tS f? ~icf.l~il!e ri~ien~~nta · . 1211012009' ... 1211012009.: 1211 01200i : . 12/1Q.I200fil: 1;Y10!21lOS- · ·: 121101200!L . 1211D.®OII :• 12i1Q.I2DCQ·' 1:>110/200i: . 121>0/21109: ''1:V1012009 :. ·1~~~:·•· 12117/2009 •. : 12117/2009; : 12/Hf.;!DOJli_. 1211T/;!OII!I · : 12117/2009 ••.. ··. 1211712006. 1211712006 :· 1211712009 .. . 12117/2009 W171l'009 121!7r.li!D9 ·: Chec!:.: ·:- 12l17/2:C-OB- ·: g::: •cheOio · .. <1~l;~o: · :• 1:>1\7/l'Oot .·: .CI1ook·.. . .• 12111/l'OOII ..• . : Cl1oak : 1:>117/l'OOS .. ,· Chl!l¢k.: : 121f712009 : Ch.-ck·.:.. :·..-12H712009 : Ch~-ck :: ... 12!1712009 ···Cilool! . ·12117/l'Ootl ·. Cl1ook. : ·: 1212312009 :.CI1m·.:· :, •:12123/l'OOll Cllool! ·.. . . •: 12123./20011 ct1ec'l<·-· . .' . '12/2..3J2(J09 ·Chocl!·: .. · .· .: .• :.j2123J20otl . :Check·:. :. ·:. : ... ·. 12123./2009 . ... :•·chool< ·• ·• 12123/2009 :'Checl<... '1212l/2009 .... Ch ... ·: .:. : ... ·:·J=oo ·: •:. Ch .... : . . .. •;' 12123/2009 .. CheOlo'· ;' ·.... ·. ·. 1212!12009 .-.-Cheolo:.": . .... ·. ·: ::1:2:12:112009 · :. Ch...:. ::· . .·. :·· :·· 12123/l'llM ·Ch~ . . ... 121231.2009 .· Ch""k' .' 12123/l'llotl :'Chock : : 12/3111201l9 :--Ch~. 12/UIJ2009 : Ch-Kk . : .. 1mo/2009 :_Ch-eck:: : '.1213(]12009 . -··Check=· . ·. -1213()12009 .· .· -.·· ..... ::ch:t~ck-: ... :::.::.:: 121:!®009 · .·. ·.::····~= :: ::: . :. ·-:Checl( _:__ . . ':. _:_- _: 12/JOI200!f . ·.• Ch•ok. : . · • . : . : .. ·:121!0/l'OOi :'Ch&ek·:·. . ...... '121l01'200!i ·<. :·Chool<:. .:check·: ·: · · ·. ·"· '.: 12130120-0S . . ::.121>0/l'OOi :.chod<:. .':.':·12130/2000 :.Ch... :• . ·. .:: .:: ....121301200S . ·chock ·........ :•: 1171201~ ·. · .:.Chedt :· ::·1f7!2D10 ':Cilook. ·. 11712010 ':Chock:: . ··.ll1/l'010. :.Check: · ·.· H7J201D :.Chool< . '1171l'i110 :Ch~ :: .. : H7as:l10 'Chocl< .· ... · !/71:1010 .:ch11~ :: · ..... ,.: IIT/2010 .. C~ocl; :'· .::. ··1nl:l0l0 . Check:: .. :: 1f7i20~0 Child:-.. . ... 1f1~010 Ch11ck : : · ·. 117/Z01D Chook ' "1nJ~O!O C~od .: . : .: 11712010 .•.:C~a.LSFAAGOSASo-114St." ·: .. : ·: : 1,215.38. ·. ._. ·-2,430.72 _-Cl-1~. 117r.20~0: EFT .. :.S~df'ln!'f1d"'-IS~~.LLC.· Commi:N.!011 .. --APGiif!'tti1.,8R-iRAlFG1.83.. ·· :.~SFAAG08A$1!-M5!t·.· · ·· ·· ·· ··1.,215.38 · ·· ·· ·· ·· ·· ·· :'1,215.3$ . :C~oo!<. . 117mtO· liFT··. Se<>lredFII1ondoiS1no1og/H.• L.LC . CammiHIM. . . .. . . . . . APGrif!llh,BR'RIIPUt4ll. ·: .. ·•· :.'::.Ml.LSFARGOBAS5·845' : · · · ·· 1,215.38. · · ·. · ·. · · · ·· ·· · · Q.OD: · .:.' ·""""" . .. Checlt. .. ....... 11712010: 111/ZOlO- EFT· : · .:.' S.OO.od Flt\andoiStrolsgifl,L.L~... EfT ... --S«:utcdFtf1atlclaiS!nttePu.ll¢· .. ·.Jon••· DonloiiRA\6781~1) C.tnrrlolllon· ·CommJnEOf'l .. .. .. ..:wat.s·FAAGO 8ASF&-~5o ......... .SPLIT-.'· .. .. .. .. .. .. .. ·· ··· ·· :· : APJ:ortct,D-lRAUH199.· .. :· · .. .. .. .. .. · :: 'WELLS.FARGOBASE.~&-4511.:. . ·:e.ott()()-:· .. · ·.:. ·s,ooo.oo: :: :: :: :: -::e,rioo;>O ··.· . ---5;1-00,00· <: ···_Check 111120W: EfT. ::. SocurWFit1anchiiiSb3'b!QIQ.,LLC·.:·· .Yabm,RobariG.(EITa1~221~Corrirr0.100.. . .. WE:USFAfUlOSASi::!-tl-4-::i!i·:.. ·...SPLIT--· ··· · .. : _.' 800.00 .· :..s.ooo: .:· ::. we.u....sFMGO -eASe ~M~9_:. :· ........ ··soo.oo .:. .. :·-4200.00 _Ch.,..k ·. 1£7!2010· . EFT : &ea..lf't(l Fln•n"'al SbltUtgiM,l.l.C" ·.·.· ...... ·.·.· .·.· .·.carnmlll:ilan APJane!!,D-IAAAGl76t ·· ·· v.rE.U..S fARGC BASE!.~ &.459 . . · SOO 00 :· ·-3 600.00. · ·ch~r.t 1ni21J10· . . EFT·· .· · Secut;ed Fln11.11.~~ stnmgle.,llC· ... . . . . . . . Catnmln!cn ...... #J Jaon;~AA PlJ 96.0.. .. ·. l'\IS..LS.FAAQO BASE .:.&4~~ . . . . . . · ··Goo:oo . :.3:000.00 ·· .:chli!"Ck :111o412.010:. EFT: : Snd.JrdFh'•mdiiiShteglu,t.lO: : ... ·· ·····Commission AP'Mmi,MJ.JRAL.FG008"." ........ 'WELLSFAAGOEIASE-.84S51. .. :.550.00 . . ·.·.-3,920.00 ~:E Ch~ ·.' C~;o;k m::lt •····~~········ E~;~~::::::=::ttg . . . ·lr·-412C11:1:· .1/1412010.: : :EFT.: Secure-d An:mc:laiSD:ate~~.LLC :· .·EFT . : ... S. ./J.PMc..dlln,O.cat-IRAWBSia: 5 ::::.WE!..1.91"ARGOFJASE-:-.e-4:5~ :·· · 9 :-~~ ':a~: . : 5'3,-55:·.. .:.·.:_·2,717.&3 ·· ·· ·· .·. .. .. .. . . ·:,.2;1~~::~ ··-2,17-t:2S:·: . . . :·.·che-ck.· :·11211201G·. ·.··.EFT · .. ~d Flnaticf:al Str.ta!;dew.,LLC :·. . Conir'nUlon··. . · · -AP M~uJiirl,O-IRA SLA33-9 · . · ·.: · : WEL.LSFAROO BASE- 84:551·: 543.:57 ·. .. . ~1,630.71 .'.Chock.:· ':tf21121J10:. · .:~FT:. .S...rodflnoo~oiSira!o;IOI,L.lC.: : C.mmllslon:·· : .: APt.lo.lo,CHRI\LFGQD8· ·: .. : .. : .. wat.sfARGOSASE'&-159 :.: .: 1>4357:. .. ........ · -1P!7.H .. ···Cmtek: . . . . :1t.1:112010: ··EFT: .. ~r~dflntlndaiSimto-gfM,Ll.C ": . : Ccmra~~&=ton·: .:::./'PMe~ln.O-IRAM~~:025. ::··::·::. :1NEU...SFARQOSASE.:.:a"5Q~. 5..3.57: -543.5T.· ··g;::·: .. Ciloo!<'.' ·· :._.:.·.:::~~~~~~: ;~~: .:<:=:~~~;:::::.:;:::ttg··::.·::. ..... 1121112010· .: . .'eFT·· .. :·s...... dFirianotoiSiroto~ ...L.Lc·.'.'.' ~~:~~K-(~n1~·oM}~~~~-~·-;-" · C.mmlsolon · :-~~:~~~~~~~-~:- : · _::·.·:::.:=~~-~?-~~:·~~:;·:·.;.: APGrfllith,NPU9SD ·. : :· :V>al-SFARGOBASE-&-15~:· · ~~,~~: ......... :90<1.00. : 4~oOO.OO. . _.~~:~t .•• 3,200.00· .. ·::g~:;..... :.:-:·:~~~~~: ·. ·::~:.+: .: -:=::~;:::::::1:::~~;:.:_ . . . . . . : :.:-;.: . :.: . :.:~~:~:::: ·.Check · · H2W2C10 ... ·. EFf: ·: :~dRmm~aiSiuite-gjOI!II,LLC·: :·: . .. . ......Camml:nloo · .:.:.:~~=:~~15:1/. ".APGriftlh,N LFG 183 · · ::·<·:=~=~g::~:::;:-:-· ·-.VIr'ELLS FARGO BASE-S..59 .· . -:-~:~:~:: · · 800.00· .· .::~:::::· ·· · · · ·:-!0(1,00· ::check· ··1128.12010·· . EfiT··.··. :.~dpjnm.OOSI·~M,lLC· ... ·· ·· ·' ·· ·· ··Comf'tlbltlon· ·.· APGrtnlh,.PU140'. ::W£LLS.fARGOBASE..:Cfl.459:: 800,00. . (IJlQ: _::Che-ck.:.· :: 111.81l.Ol0 EFT.:_::_ :.s~rl!ldFin.arn:ioiS!ratsglt-e:~LLC·:· ... ·: . .....:.ech~di,AI:tonW.(f7.S1·314~Commtu.l0n: · .. YYELLSFARGOBASE-K5S. ····:..SPLrT~' · . . :_-500.00. : ·: . ·. '·Check··.· ·. !!28.12010 EFT· ·.····~re.;fFln~rlCI•lSP"Itlgi",I.L.C: . :·.·:· ... :.·:·. :.Cmnmlse.!ol'l·.·. · ·· · · .. Jlf'$d"urid'l,AW~S11L." ···· ····: . .".."'h'aLSFARGOBASE-U!l9·. ·1oll".OO· ·--400.ca ... Cht:llk. :-:: 112&12010 ~FT·.-:· .. ·Sflcunlci"Plnltnr:hdstn"htglf!oll; 1 U.C:·~ ;. :. ·· :. Commlulon. P.P.St:hmi'Cit,AAN1065. . .. ." ..:.·WB...lSFARGOB.A.SE~:!W-59.:: 10Q.OO. ··-300,00 · :-:·~=··· ··Check·.·. ·· :.~g~~~: ·· ·· ··.·.· 11281201-D· ~~r :::::::;:·~=~~::=:~::;=:::ttt:·:: :EFT .·.·.·.·~~dAn.IU1cf;ei;lstrtl1~M,LLC:: .· g~~:::: Oomoo!trs.lw( .· . ~=~=~· /lP~dt.AING15J: : ...: :::~~~~gg=~·~·:::.-: . .:. . . . .!NEL.LS·F~QOBASE,-:8-45"9·· ·· ~~:= · ·100.00 ·.-.·:·:·:::.·:::::~:g~: .... C.O!l' ··g~:·· ·· ·· ·· ~~~~: .. ·::i~F- :~·:.·.·~~~~~~:;\.~i~;:~::-"-" ·.:::~~~~~~J~{B781~66)Ccmm~on·: ... ·==~~~~~~~~::: ··~:~-~Ti:~~ 0 :.~~~;~~~-::· .. 200 ~ .· aoo.oo .:.-::_:;:: •: ~ocioZ09 331  ............................................ ·:1a. :... . . . . lmlil· · ~ · · >§J~5~~~5f~j~~ ~;~: : : ~ii•T~diAA{~. ~~m7~ •. •.•.• . ·.· . ·;.~1~!~:~:; ········~~~iE~i~ <· · · · · · .·;~.i· · •· ... ·~:~.~Q· . ••••.•.• -l~,g 1 · · ~·• .· .·. ··.il!l • ~· · !Ill•· · · · · · · t·~ ..,M~·~~----•••• ···············••llll~l~~~~~···· • • • • · ·•~: .• . . ,~. ·• ·• .!!·· ::~: ~:~: •• •• •• •• ·:·.~=~g_:: :::·i~:-" .: =·~~~:~.==~==:ttg::; . •" • "• ·<··<·:~>::• g:==:::- •• •• •• •• •• :· :·.:.~· . ·. • • .• .. ·.·.~-~~=·::~:~g:rn~~~8!~· -:-:&:±: ~:~g=~~c::~::.:·> " . '"·~~:~;;:• : •: : ·: . :;.:;·::!::~~• •l•·•··············]li!: •··~··•···~~~i•••••••••••••il,-~;-=:•··•· • • ••·••·••·····'•ll;~·~·~iii~····••········ ••·•ri•···· · · · ·-····• · · · •·~1• •· ····~··· < ~i! .• .• ~·• . • ~~~~JI,••· ·:·. Ch;lltcll.. . ... 211112010 : . EFT :- .. _. ·.. Svd.ltsd ~llancll!ll Strategllf!l,lLC: '.:. · gr""I·'"'T. . .~ · · Bi~!!m, Ne1H6l"8i:.e27A} Coff!trii.t!Oli$. ~~¥f ~~~;~ . . _IIVELLS FARGO BASE-U6t ... ·.. ·... ··SPl.IT·. j~ . ... : . · :· 800.00 ···~· · · · · · ."."..tiOO.M ~"E ...... ~n~m ~~ =~~~~:;::~E~::~2 -~~r=: ··· ~i:~;:~~em =~s:5ta~r rc~:: E:~r ·· P•21o::··· .... 332  -1il:~AM: •RETlREMENtVALUE,LLC- KPKJO Book~ •• .. ·iJ~~ Payments to Licensee Defendants·· ··~.naii:Ba-..ls.: ·Morch 2Qo9tilrou9iir.1~reh 201n typ.:· D.tt:i:·· Num: .. NilfrW.:: Momo ·Adcou~ ........ Spill .Ct1Gk.: ·· ··2J1112o1o· ··EFT. ::~;;;~r;ndaiStn~;~~~~----··· Cumr'ninlGn· A?a!!lh11m;Na~·PU 14a · ·:.·: -: ·:\I\IELLSFAR.Goi:IASe.-~:~'a- .o.oo· :Chi)'Gk :: :·211112010.· . ··EFT· . . ·S6cul'sdFmnci~~Strmeglea,LlC_ ·:: Cohtn,ct1ar(n0.T~dl:lloobllRA(6781--652)ctJiliinhi.ll.l.an :. ~U.5F'AAGOBASE~M59 .... ··.··-sPUT~." .· .. · .: ·.· .:.. · : : -1,.012..95. : ct-lec-. · · · · · ·i'J1112010 · · · ··EFT· Secured Fi1~nd~~ sn~gi•1,U..C. · .-. Co-mmlsal:an. · . ·. · · AP Cah11n,C-'m.AD IRA UJ B.e-0 · .. · ··WELLs FARGO BASE-8-ol-!!iil t0125 ·-"B1"L70 ·· :-Che;k: ·· .. ·. 211112010- ::EFT: .·Sec:u!MF=nariclatStrategi~,LlC.. . .. ·· C-ommlatkan·. · APC~~~n~C-TflAOIFVU.ffJ24-IJ.-:· .:.WB1.5FAR.GOBASE·M5~ ......... tD1.30.. :-a1C.o40: Chi!!:ilk. 2111!.2010.-. ·:.EFT: : .".Bta.nedFNnci;a[Sint~n.U.C:· ·· ·· ·· ··.·.· ·.·.·.·.c..,_m'"fl~n· .: /4P"Cohl3n,C·TRADIAAIV00:: ·Chee-k · -·2121512Q10 EFT . · · · S.CU!"'Dd Flflancl;al SIJD'Iegie'S,LLC :. . Comtnialon. _ · ·AP B&8 LangTerm lnvatPU 14D :· · · ···1.-VE:LLS FAAGO BAS.E-&459 · ·· · · 2DO.OO- · . D>Q(:I·. ·:c:heclc. > ::2f25!,20f0 :_- .. ·~;_FT .. ."." .":seajr-i-d Flnimcl:ill Stnlteglird-,U-C :: . ·:·. ·: Me~r-,Anllll P:._(6181-160) Comml..-kln· · W8..1..8 FARGO MSE~ ~$9 ·- .·: ·.·:- · --Sf'l-.rr.. ·..,· .. . . . . . . . . . . . . .. .. . ~,OOD,OQ :. : ...~;;!,000>0(1.:: ·.·Choci<. .. ·:212512010·... ·EFT .... Socunodf'ln""""'Sin<1•0li ... IJ.C :. :: Co'l111'11ooion:. : APMolorAAXA994 ....... ··::·.WE,CSF,o,RQOBASE·'~59. . . ·: •oo.OO: .. . ...-1,600.00· . . ·_:Checll .·.. ::21251.20~0· EFT···· -~dflrlDnci&IStri:teglll$~lLC--· Com.mls$1!Jo11 .. . : APM'Iiler,AI'J,Ll0 :· :: :: :· ·:· .: ·: :: Onmmloo!nn · . • . . . . . . .. .: : : APP.-..,J&JU'G10l · · · · · · · · · WliiJ.$ FARGO BASE'"!~· .. : ~oo.oo·· ..... :. ·..oo.OO .: . ... ·:-:::=~~:··::.-::~:-- . . =~~~===~:::ttg_-: . :.-:.: -: :_: . :.::-g::::~·:: ·:·.:-.·:-:·:·:·-::=.:. . · --~:g~:. :·:·g:~.: · Chcc~ ·······~~.••••. · .· Ch&e~ ·. .:·.Cha_cl1 .......... ·:2J25f2()10: . ·ci1ae~.· . . · Ch~K :... . . -:.2!25.12010. ·.: :.5FT. ·.:.- ·.s.-a.Jr-8<1 Fln•nel-lllj Stra.~g:ltra,LLC . "212512010- :· EFT "212512010-:. :l~<>iS :2/:Uil2011) ·_- ... 5.Fr. :. .".". ·:EFT.: i:E:~~~3:iE:;E;~g St~tolid Fl~.i.nolal .Se:cutadFin.aOOIIIl-Sinttegi~,LLC··. _·SfrUiredFinanclai.S1nb!lglee,UC :: "EFT ... ·.· .·8eG:~JrcidFiri.an~al Slrmlglae,LLC -:·. shUJgiea,LLC ::" . ~~=: :. :: Commloolon. : ·: ·:Ct:~mmll&lon ·· · .. : . .:.cornmmlon·: . ... :. Commil&loo.. .- ·: hlB"-EIWR&ShelriJ S.. P-!!rke:r(E781~769) CQ.mmlfte:IQn.-· . ::._._-·>:._.: ......... -~~=~~~L1 ~gg::-- :~::m~"Ei .. _·_·:·:.":>=~~gg=~::.;:· : "ARLS FARGO BASE·.I;I4!'"9 ... :· ·:: .-:· .. ·...SPUT··:· '" j_ •• ~:m:ggEi:EE<• •• • •• /IP Parl!e:r.,MS LFG 117 :· :· · · · · :· :· ·.-: .- 'lla..l..S FMOO BASE--iH59 · : APP!!rl:~,A&SLFG248 .. M'Plltf;er_M.S_AXA.s~· · N' P11111ri:DT,M.S·P\1.AC1i11 .... _-_-·_-_- 'IB-LSFARGOBASE·-:Mall': .·. .:. ~FARGCBASE-:EW-:5-!1" ·.. . . · ··\I\IS...LS FARGO !lAS~- 645-S · ·: ·: •• ··: : .... :. j~::::. • ~HF . 22::1.00 _ :22:5..00_ . ;22:5,00. 2t25Q.'Oil · . · ~.2:50.-ClD :H~:: --1,J5o.OO :: . . .:22::i,OO· . . . . . . . . . . . . . . . . . . . . . .-1,~:25.00 :: · =: :: :· =: -91:10.(10 · . . .... ·.:. -675.00 . ·::~~~J·.·:· ·.:=~~:.: . ::~~. ::_::==~=~=:==::::ttg:.:: :· :· .· :· .· :.·::g:=:~.:.. . . ::=:::::::~~11~~-- : .: · =~=~g~t·::~:: :~~::: ·:. :.·:. :... :." : . : ... :-::·-:~:~~--: ::-g::~ ·.c:tutc~: .. ::~~-·:: .... =:~~~:::::=:::ttg·:: ·: .: : ::::::_::.:::._::.=~~:~~~T~I~:~."(e7~1·;~~;c0-~ · ::-.. · · ~~;ff~A~k ~~-~g::-.:. ·. ··.·=-r~~~~.!i-.~:1~: ::~~:~::· · ·.: ·:·2125J201C. ."EFT· _-:·:Secuh!ldFinMoilll·str.~~tagles,LLC :· :· :· .". ·; Comm~oo.- --::: .. - - - ._ ... -. . 3 ··.APB•IIaino,SJ.TRADIAAWB9S·:: :-:WEU.SFARGOBASE·--8459" .. :~ :~.- 5 . ··;2Q9l!O: .. ~1,4~:~~ ·· :-1,11t8.40·: :::-~::-::· ........·.·::·::g~~-: -::::~~r:. :-=:.~~=~-~~::l::~:::ttg·.: < ·-:.-.::-:: .::-.:: -:-~:~=:::::.:·::·.:.:·::··::·.i··::::::.:::::·;. : _-.-. .. ·::-:>:-.:-z::::::::t~::~ :~7· . .::·;··:=~=~g::_:_~~:: 3 :~e::: · .:· .... :==~~:._.. ~] ::~~ ;;:·:~·:;·::·::·:·:=~~~:- < 5J~ •.. ~~ !E~~~~~~J$E:~~ ......... :_ ·-:~H·::. · :::!:~~:~:::-::~:;~~·:::. ;: ·-:-:.·: . -:::·:::-:::-_::::g:~:::: §i:~. RLIRA~76l-re~L.L~~ ..••.••.••.••.•.••.• :-:·. :: :::: ::·:::::·:: :: :::::~==~~~~~=1j:: ~~~~E;~%~~: <~:=~~=::::: ::_::_~~:~g~~·;.:~r:··__ . . . . . ·. 1. : : :--~:~:~~: • ~120.00 .. •• .. ·.. -----~~:~~~:::.--.· !~~:~ ·.Chook·: .. 2/2512010. ··.EFT: ::s.,,.,,.~Finon~oiS..olegl ..,lLC · ... · .· .· .. ··.::Co .. mln!"'.: . I\!'MolerAF-ROTHLFG117:. · .·W!illSFARGOI!ASE.-64~8 ... ·· ·· .: .: .: .1,003.!2: ·-1,1D~.ir.! ::~=-· ::Cil'l:u;:k: .... : ;:~~~~: · · ·3f~10 · :·:·~~-.: ·.".EFT." ··=:~~~=:::::::::tt~::::. . Seoortd PTmmoill strnte;IN1LLO· · -: -: -:- .:-:·-·:-:- :.-.-.: :-::::~:=::::-.-.: ::.:-:-: : :::::- :-.:·.;·_::: . ··,··.·· ......;;~::~~~gr~~~=:: · · John P. ~rJ-11111l1J1.·& Jay:MI!' E. M1-1rlhC.d ~ll-7,ei1..-eQ-4} Comml:s:..mna .. VM1!1..LS rAAGO BAs!!~ a..t-5;: . .. . ·. ··-SPLIT-:· .;.:·: : . . . ~=~:~g~~-:~::: _ .......... 1.~~.:;: .· . . . ·. . . . . -~1_.00~::· :2,400.00 : .. ~2,o4~.-0D ···CiliiHl"/t · 3/4f.l010 · .. EFT : .SKu~~ Flo~~ncfa.~ Stra~•;;la,L~.:.. : . : ... :: :C.<:.-.:::: ·:_c.-,ffimls8l_on.. ·.. :. . . . . .. .·· ·· :. ·· ·· ·· ·· ·· ·· ·-APErlgerm:ii"n.&Mu~m ...~dt.BL.361··.::>:>~lLS-FAA.G0·aF.i~-~145(._. __ 2-40.oo :· .: ·.··.·-.-~1,«c.oci_:. ·._._t:hecll; ·. ·. 314f2010 EFT·· -··-~dF~1.1ti'to!i!ISW1eglei,U..C .. - _... _::- .. :.::. -. Commb'&lon__ :_ · .. · : ···: ·· ·· .. . -.-.P,P&1'"'nmm&MulrheadLfG1t7 ·: ··:VtiEJ.I...SFAAGOBASE4.59. · '240.00 · · ·· ·· ·· --·-~1200.00-.-· --Chec1.i-- ·U412010__ :EFT.:-_: &u::uredFlnandiiiS:ihlb!1:lfi$3,LLC:. ·.: :.... :.--:.:. Comm~o!'r·,.·· · ·:.::· ::-::.: .:·:.· .. '."APNeedh,mm}=!.M-TRAD!RALF131&:!.·: \IVEU..SFARGOBASE..--~9 : .. :2o40.00·'. .:-::-:.·:·.·:: .--4iO.OO< ·.·_ . -.C.tu!cl:-- ·: .: ·· ·.·Jf4/2:010,'· EFr_: "-: &cur:edFlnandl"'l$trl~es,lJ.C:::·:::·:·.'.'.'.' ·:_.::_.:.:.co~mi:mtJO··:· ...·:APNoctdh~~m,RM-TRAD"!AAFU1-40 :· YJE.LU:iF.ARGOBASE"·~-;«59 : :·.:·240.00"-- :-.·~.00 .... .·i 5 .• •. · ·•·• ~IT~!~ •.·. !~ • E~i~~~~ESE:~~. > ".. . > ~t~~I~F:J·.~:t.,~c·~~~··· •. ·. . . . . . • ~~~i~~T s~g~g~i~~~> . .. . ··•iti:~•. · · · · . ~o.oo.·· ····"·.•:iS~~ . . . 37 · · ~· ·•· •·• •·•··~~~~······~·",IIIIi••••••••• ::•:~lct~~·~. ·· .. :.:check· :.:-g~::::·: .3/f1Q010 ···.EFT· .. ·-··Sat:ur"e-d:FbumclaiStnrte-ai~.UO: .:.:··: .·::: ... : . ." .. ." .... : .. -Cvmmiulm~ ·· ·· ·· ::-::~n:~~ :· . . . . ~~r: : : : :::::~:~~~=~~:::::=::tt6:-:·_·<:-:-:·>::-~- >:>·:-~::_ ::g:~=:··-:: :::>::-::·:: :: . :.'··:- :"-:". .. i_·•••••··•·•··•••••:: •. :iil1D!illi·l•••·•• • · · · ·• ·• ~l· · · · · ·.·• ·• • • • · ~ · · · · .... : .. :. :·.:: :. :·_.:."A?MI~,M--TRADIRALFGDJ!:1·· ··. ··1NELLSFARGOBASE ....:.Il--459.·:. ·· .. ·:.·:. -.-_::.::-::· ._:-<~::~:=:~=l:~t::r:_:> -~::.-=t:~:~g~~~-::~:-: ·· ·· ·.: :.:122·.¢0:. ...... · ··-:·.<:~~~r: ··· · ·-1,0li-8._00·_ · .:::::-. · · · ·!·~ · · • • • •· · · ·1!:.:~· ·•1111:!:•··;•·••••••:•1~..·-·~- • ·• • • •·• • •·• .·• ·•· · · · · ~ ~· .•::ll~f~·:·.·• • •·•· · •· ·~!· · · .•.• _··········· •':!•• IFJ· · i!>~!~~ij;: <· i·fli-L;..~ ~2 · . ···~~~.) r!=~;~t • ~~ '*· ·. ,~ P~aiz 334  . : . : : : : : ~ : : : .:_ ·. . . . . . . . . . . . . . . . . . .... . . . . . . : . . . : 10..-AM· RE'riREMENT vA~u~. LL8 • k~K~ Book~ •• 02/lllil. ~ayine"'~ t~ Llc!;!nsee [)efendi:iritii •• · ::A~~1S:..i1: Ma"'h. 2009 throitgli Mlnih 21110 · ~~-· .'iypo •n.d.• • Num :-A~~t· . :a.l'l~:: ~ ci.dri· Ch..,k.. : ... 3125!2010: · . :EFT: :sOoor•d Fl!lonP"IMiite Fo~rntly f.ruBtJHL 383 · ·. ··'fiiELLSFARGO BASE~ M!ili! · · l 03-i-.~· . :-9,118,50.:: ::ChOIIoFoml)'TNoiAVI.160·' :: ·: .'.WEU.SFAAGOBASE·O,U..C ·:.. ·.: . ·. · Ca~oo .. .:::: Commlool~~r =:::~~::=:::::::::;>······· . ."EFT.: ::_.S.ic;hdFIIl~riei~S!nt&plll!!i,UC":,·· . .... COm~D11 ~:i'~l.:h;diRA(a 7aj.~~jco~~;.. · · . · ····.·~~·~~~~~~~~ :·_APKIJrt..uz,MaD:-TRAD".!RALFG:!H ·.·· 'I.£U.SFAR.GOBASE·~~9· ~~f~GOilAfiEca4S9 •1•171 99.51: :s~7~1 ·~597.21 0.00·'· .: . . ·.:..t-EI7,7D.":.. · ·_- Ch11c.C.· ·. 1125/Z(UO · .··::EFT·· . : :.: Sl!:~d Fl~a~da1 Shtngia,LLC:·.. . ·:... . ·:. · · Ccmmlnl"lln: : · · : · · :· · · · ·. · ·· · 'AP Klltlrz,Ma~-T.RArHR.6.A.JCAOi1 ·· wal.S FARGO BASE.~.M5g ·· ... ··_Q9.5-4. _-: .-"9'-16 . . :Ctii!JI~.: :·.312:5.r.2010·. ·: .. EfT . . ·.s:eoonu:IFin•tJdu~Stra.tl!!lgln,UC·:·· .·: ·· ···: .__:..._-. Ca~koion . . · ·· ··: :. :. :. _APKiburz,Mm-rk·TF'AO.RAJH"l.383 VrlEU..SFARGCPASE>H-59 "·51"&.54 --2EIS.62 : . ::CheCJri:·.·: 3125120iD" ..EFT"." .... Sei:ilr'eci:Flrio~~tidalS1n.teg!.. "-LC::· ,::.::,::. :.·:·~·::cornli"Wefon ...... : .".": :. : :. : .:· .:. :.MJKlbt.lr.z,M.atk~TRADIRAAVLH!O :· wa.t.SFAA:GOBASE"-"U:Sa.·· ........ ··.·. ."9tl.54. .. -ltl$.06 .· :·Ch~ok.: .·.·312$12010 EFT·.· .· ·Sec!JredPhandt~I~~·.Uc:: : ··::: ··:. ::··:.:·:.·.: CommiHion .·:.·· . . . . . . : . .. · .. ·:. .. .. .. H'KlbUrz,MaJo:-TRADIRAPU 14"0: \o\IEUSFARGIOBASS·~·-!Jo4.:59_... SS.6of· . .: -9il.!4. ··Ch~tek·· : . ."312!t20l0 EFT···· ·Securtu:IAn:andaiS1nto~llC.:·· · ·· ·· ··~·." ..":· :CommiMian · · : :' :· . · . : . ·· ··.·APKlburzM1rk-TRADIRAJHL.d33 \Na.LSF!'J-l.~"?Bf'SE-~59. 9'!l.~· . .· 0,00. ·:Chd :: . . ·..3/2:!51.2010 err.s~irl!ld Rnandi:il Slnltegi~LLC_- . . . ·.·. :· Drenn:~~~n,jiH'f)f L.Su~o:IRA(Si81.$2Bieo~iint~Hlom.: \Mill..S F~~Q BASe~ 845a "! . ·-5PUT~·: .. :. :~· ..:... : ·: .... ·.. .·:. . ·-400,oa · · · -401J.OO- -m.ao·: :.Chlldc.:. :..... ·: 312612010 .. EFT.:. :_:~4 Rn;~~nd,( SbtaglHo,Ll.C.·. . ... Cori1mlst.IOn.· . . . . . . · . .. · . . P.P Orti\niVI,J-SIMPLS ~AA:PU 140 VVEU.S FARGO BASE:.M59 . 200.00: · ·:aJII1lk ·: ·: ·: ·: ·: ::: 112!5/2010 . ·: :EFT.: .. ··~4 Fi.nandsl Shle.gl~·.u.c.. . . . . . ..·...:: Camini!Ltlon.. . .. . . . . . . . . . . AP Drtnnan,J....SIUPLE 1RA.JHL.B:s~ . VYEU.S FARGO BASE.-Ufi"S.:. . 200.00. ..... o.oo . ·-Chl!:ilk :. . ..........lf2!5J2010 . I:!P'T .· Se«::urr~~d Flnfll'!dii'!.S"Ir~I~~,UC-:: .. '. ·.... · DN!ni'IL'IIn, Silly Slmpl:e U~A ~8l~nt) Cclm"*':IOM 'IJEll.S F~GO .BASE~ M-511· ... ·:· · · · -S;Oi...Jf~ i~·· · · · · · · · · · · · ·: · :· · · ·400 .00 . -"IQD .00 .. Chmd<:: . ··3125J2010 ..... E!F'f·:· '·.. ~fftdFlr'Wio!aiS"tnlle-gle&~LLC.: ...... :· :: ·.:.cwt.inlni-On::..:: . : : .. : .· : . . . · .AP~tme.n,B-SIMPLEIRAPU140. WELLSFAAGOBASS~·&4ts9·::·· ·200.00": · · · · · · · ·' · · --·~zon.oo · · ··<::~~:: . ·: · :··=~~ :~~i-:: ·:=~~:::==:ttg:.:: .· ... ··~:.:-:.::::.:.E:~~,-~j~~;~2)~~1AJ~ ~nt;-~~~~~'::s~~l.eJ~.: -~-~~~~-~~-~-~~~_:. .. -~o.'oo: .· .11,61l-1.:Ja. .· . 0.00.'.. '"1116:s:i7.3il': :::~:=:: . :~~ ·. . :. . ··:::=~~::. --~~::: ==~~===::::ttg·_:· . ·::-::::~~~::.: . . . . . . · ·:· ·: 3125/201.0 .... :EFT·. ·:-:·Sewf.l!d Arul~ef.al S~1Jiii~,U.C .·. :·.'.:·.' .. ::.:: .::' .::'Ccmrn!Sslorr: · .. ~t:::::~:~~:::·: =~~~g=~=-=~::.... ·. ·. ·. · · · · ·. ·: AP U.rB.an,Pa'r.ll Wl :lSI :: :: .:: ..:.. ·:. WELLS FAROO BASE~.~59. ·.. : u::~t M10,5Z7.86 :· • u9,357.92 • ·.-~.11:11,1-!1 Chedc: :. ·.:. 3.12.5t2t'Hl- . EFT::. ·Seturot~d Arta~d:al St:rlltegla,LLC·· ·· . · · · ·CenvniH!oo · ·. ·. ·AP l.JI'l'IQO,PitE.IIAXA.·ilolS · · "WELLS FARGO BASE~ e-459 · · 1,169.. 7-4 · 1,HJg_74: .· ::7,01U4 ::~=::: ··Che1:k:·. :;. ~~~~:::· ·::·.::~-:: ::::::·==~~=~·~::::~::tt~::·. . : ; :::-:::;<:;·.;:;:-;:·_:~~~:->.:: ·: :.: ··· ..: .: : :.·:. ::·::·:: ..... ::~~t::::~~~gm·· 312~0U:r"'· . ."EFT·:: ... -~~Flnllncl~lStnlteQI.et,U.C:.:. ,·: . ·::.. : :·:.·:·,·::Comrnbi:lloc.. :: . . : APU.n:IIIOO,PIIujAXA.o:l91 :. -=~=:~t:::·< 'w\IEU.SfARGOBASE.~M59·:··· · ·.:.~:~::J:: 1 11mu4· .~.~.70 .. . -4,878.96 ·. -..: '3,50$22 :: ·::~.,:::... .. :.ChltcJc:' .:::~~~~-.: ···:~.: . : ·. ~-:::~=~-~====:~:·:~ .. ·:-:::.·.::-::::··:::::.g:~;=_:.:::: .: .. : .. ·:... ·:-: :: :~t::::~:~:~~1~~ ·:;."" · . :.312~010 ·.·.·,·EFT . . S«:uredFinan·cli.1Strllteyilli:II;LLc:·:. : :: :·: ::.C~;~mmJnlon····· ·: .· . . . . :.·· ·: ........ '.. .fJJllaraon,PauiJHL633. ···::·=~:::;t·~~: :: 'Nfll$FAR(;OBASE~_84:e;a::::.:· .:.-.:· .:.:.: :.: ::.~:~::~~·: .. },169,74_ -2,339.46 . ·-1,1BS.R . .. ::. 0.00.'.' ::g:=:: . ~c~: ·:.=~~ ·:·.·.·~~~ ::·:::.:.-=:~~~:~·:=~=~:ttg:·:: :···:·.·.·. _:_::::::_::::.:.:-~::~~~~-~~-~!~~.?"~,RA~a!a~~~-4~)~~~- 3J2Si201il .. ··Err ·:.·.:SeoJi-udAnaridii!S1ntteglea,U..C: .: .. ·' ·· ·' :·.:· ··CommiiiiDt'l···: ·· .·.··.·:.~.:.:~~=·m.::: .. ·:·.-~s~k~b~~-~~5~_-::·· N'lrdu~,GW.TRADrRAU:Orn·:·. 'NEU.SFAA.GOBASE•·!MSi:. ····1~.bo·: ·:143,00 :: \,480,0<1 : ·-1,480.00. . :..1 ,'332.00 ·_ . .-1,164.QD . ·Chac?:; ·.: . . .. ~tl"'ltl:: :.·.. ;EFT:.: . :· :~~red Ammcilill·stra.tegiH,U..C.·· .". '.". ·:.Cbtnm.Jsidoo :. . :... · P,P M~oui.~,GI-N-TRI\0 IRALBL 36~ .·. . \'VEu.s FARGO BASE- 8459" .. · : 1-43.QO. .-1,0;16.00 .·Chec:l:; :: : lr'25J201 0. ·.:. ·.. ~FT . · SN.Jred Flnln~aJ stra.teg!:es,U..C ·:· . ::. ::.eo111m~ati.::. . ... P.P MUa.e,GW.TRr\0 IRA MIA 335 .· :: WELl.SFAAGO BASE~~~g: ::·. :. 1-'l$.00.: . ...aaa.oo :7~0.00 ··Chf:Oi:;:· "Nfi!2010. ··.EFT ·Securr!!!dF!nandaiShl;egitn,U.C·: ·:.' .. '.::_CDmmlalm. ·.f>.PMUo&,GW-TRADIRAlFG31~. ·.··: ~SFARGOSASE;.B-459- ··· . :· ·(the.:;~.: .: ln5.12010. ·... ··EFT .. ·.· Securtd Flnanci2:181rateg!M,L1.C :. . ·. · :· · ·.·.Comnrln!1?f1.". · · .&P Mlls.e,Gw.TRA.D IRA/VI.A 091· .:· .: · ~S FARGO ~e:.a.459·.·:·· -{;92.00 -444.0[1 . Cheok :: .· ·: J.a5J2010 .. ·.·.. ·EFT . ··.. ·seCut0dFin.a..GiaiS1nll.a1!11·"',U..C·:. · ::.-: ._::.. ·: .¢(l1'1'1rniia!oo.":. .. · · ..:.AJIMUII"!.l,~TRA.DIRAJHL383· :: ·. "WEUSF~O 8ASS~.~-5g· .· ·.. :~::.·:.... :.Check : ..::::~~~::. ·--~~~r: ::::;:~~=::==:~:·:·:.-.-· ·: .31'2512C:1D.". · ·.EFT . · .. · .hculed Flnancla!SW~ea,LLC ::· . .~:-_·::.::..:g:~=::-.: CJlLuumU.OLFG:566: · :··( :WELLSFAAGOBASE~&459 . s,soo.OQi. -s,Mo.oc . MOO.OO ·. 0.00 : ~~!~CJ~~-EUSB ... <<>=-~~~O-~~-:~~sg·.·· . . .. 21io.oo ·...a.c-.00 · · ·· · · -"loo.oo :· .. Ch'.!Gk. · . · "1012:'!12009 .":·,: 2491· . $mi~T>"~;~~:IIn Et$1~ Pl11n~lng ~oee Ll.C. ·:. ·. ·: . ·:. ctl~ Mcm W. SchmlctJ:~,S7~141-4) ·: ·."." ..1-P Sctlmld'I;ANI.:t52 · ·_- .. :· ·· · .. .'fi!ELLS FARGO BASE~ 8<4-59 . ··Ch"!Ck·: .· · i0/2"3120011·· ·2491: -Sanlari~nlSIQ"h!PIIImnlng!Jefvlc:o&~ltC · ·.·· ·· Totl!l$amount$30,DOO··:.. . . ..-JoPSchmldtUtJL182:·.·' · ···.V!'EUSFARGOBASE~.e+59 . :!00.00. . -m.oo ~:: ._. Chack·." . :.: . . ~:=~r ···~· ~~~:+==~:~:::1:!t:tg .• . . . •. ·u~~:Emi~~~,~-(10%)····• . . 1QI29!2009 ."." .". 2eOO .":·· ::."$en((lr.Tex!lfE8tllltr! PlanNng Sei-vli:r!i1i LLC :· ·.•· . ::. ·:. Cilait 11l11~V E. Xale•uie...JRA (d7a1-33r3} . ~~~:._'(fg~E·M&~.·:. AP Kol-enlio,T..JRA HU 814. . ~~rt~>\RG()9ASE'~~ ,. .".":·:WELLS FARGO BASE~ a:.l!$9 .. :tDO.OD· ·1oo~oa · . ·: 100.00 _.soo.oo . ... o.oo: .. . ·600.00. .'-400.00: , .... 0<1.: .·.Check·' · ·:. 19~009 :·." .. ~ :::·:·.~~.i~~ -~-~~-~:~~~"~-~~~ Y:~·::: ··:. ·icle.l$amQLmt.$25 1«tQ· . . . . . . . . . . · Af ~da.T-l~i~G201 ··1Mli.9 FARGOBA.sf!>M59 ':Ngo21!:. 335  .•.••.•..•.• >..•.•. •·••·• ••••.• •• ••• • •• • .••.••..•..•• ••.•• ••.•• • · 1o.,._AM :· • ~~TlREMENT V~LUE, Ltc·-~~~F Books . _:'t~:V13_ PaymentS to Licensee Defendants :'~(-~~::· Maicll 2009 lhro:;;,' _;__;_~c...;:. .. AcCOunt : · DObit' ••. · ....•• ·Cl'o10.: •..• 40511 .•.•• Rlcil•rd IJro•mor•· ·... · :.·:,CllentRoedM.Fo1hortyoiHM(67aHZJ) ·'· APFclh"ll~I.R4MAlMetGWNI'J&Protectlott. ·.CDrnm~oo. AP_Teuoh.ert,RG-TRAOIAALFG 3f1 .·.· WEL.Ls-FARGC BASE-&4~ · . 500.00. :·2,!!00.00 : ·Check · "3f2St.2:010 RFT:· AM.I!ItOrowth&Prote~ri . ·.. · .. ·:.¢fl.mmRliHl. N'TauOOert,RG-TRAOIAAPXA091.·.· 'iN'Cll..S;i!!ARGC ElASE·~·M5-V ·. 500,00. :·2,000.00. ·Check·.: · ·3125!2:D;c: ·EFT: :- .. A,;IJ:etGrowth&ProttlctJ.ot'l C..,mm~loo · AP Toutllort,RG.'IRA01RAJHU83 :: WEU.$ FMGO BASE '«!9 :: ~oo.oo:. .. · -1,soo.oo :. ·:cnoo~<·· .:3f2!5f.2010: ."SFf.: .· AnistGroWth&~c&~·. ..... ··: :: -::Cilmm"!llslon · AP Tauchort,RG-TRAD IRAAVL·180 · · WOI.lS FAAGO BASE '«59 : 5oo.oo.. c1,ooo.oo .: ·.check·: ·:Check .'. Chocl;·· ..~~~ci: ·.J125r.ZOIC :~~:: :::. =g=~~~=~:·:::;·. .· .EFT .. · ·AuefGtoWth &Pr~;~t~g:tiqn. ·. "':;g::=::: . :-: .:Tauche_rt,.Rablri GiaiiTr.. diRA((I7S1-~J:CommUJ'om :. ~+:~::::~::= :~~~L~ ·. · ~~~:~g=~::m. · VVELLSI"Afi:G08P,$15-·&45!f' ..'.'.'..' .... :.SPUT-".'..' . . :·: ..: ·. ·: .. 50D,OO. . .. . ..r~oo.oo .. · .. ·.: .... : .: . · .2,000.00. -.. ~.00 .. : o.oo :: -:a,ooo..oa ·. .: · .:cho<'k .:· : .lf:i:5J201C ·EFT·· -~Browfl &Pratect!Qo· ····:·Cemm~lll-on ·· · JiPTitUChcrl,FtG-lttAO ~AAJ.XAD38':·... V';'&.LS FAAGO BASI! ~M9 . :. 2oo.ca .... · · · . · ~u.oo,oo .·. 3.12!51.2010: EFT.:- MHtGrowtil.&Pro!:tction·.:. :·eomm~on · APTouchort,RG-TRADIRAlFG735 : .. 'MSiiSFARGOBASE.·J4S9. ·. 200.00.. . . ··i ~00.00 . ::~:::::· . ·3!'2.51201 c EiFT · · AIMt Growth & PraNJctlan · ·· O~~;~mml:Hion :. NlTauehert,RG-TRAD ;R.A. L.BL381. · .. YteU.S FARGO BASE.~e.t-~131 ~00.00. . . ·'' ~00.00 . : ::cHoc~;:: . :li75J;l011;1. ·EFT :. Mt;atGt'UWfl &:Prtitact!Dn-.. .:eommllllon: 'APTtu _C~ecic: ·: 2141201.0 :·' · ef:i-. ~di-K8YM8i1m.:· ::··.·.·Co~ID11" ··: P.PThc!rhtOn,AI.FG782: WELLS FMGO BASE':M59. . . . .:. M>.OO :. : ·•2,:;62.50 -:ChEck:. Dhoo:k:. .. ChQ :: .... :. ~-'12010 ·.: ... Ef:i .:. Z1412a1o·: · ·.EFT .. . ;Choo:k · . . . . . :.214/2a16.. EFT· .:8NJ:I'1d:il(j;y.M:a·r'tir! .. : .. 2'412010 ·.. . ·.EFT.': :. BrtOO:t Ksy M.111rtfn · ll«nd•KoyMo~n !'Jr ·:. WEllS FAAGO I!ASE; l45D·· · · · · · · · · · · · : 512.50 . ·· ··. <:r:E:: : .S1;t.SO ·· · ~S ~ARGO aAS~: "'5·9 . ··-··tall!lb~b~ies"~~~~~•• Dh=~~~£:~~:m10 ~' KayMo~n eo"""~'" . ~Th~~;A PU ~ 1 ·. 512.50 MD · . < .. EFT . ·· . . . . . . .. . . . ) . ... 5.125".00. :. ~.12,,00 0.00 >• ~9.52o.oc . :. .·. :·. · CHock:: . . . .112<112000 ·.1017 .· .Brl..,R.C.rwnlol .. WEU.SFMGO.SASE,~9:· 'Sf>LIT~.:· · : 9.s.2o.oo. • • • • • • n m Ch~ :: Cheek.·. 15 ::.51'2&'2009_.· ... ::1017: .: ·:Bttan R. CeM!nlu!. ·51.2.012.009··:.: 1017 ~=r mr · · Brlat.R.C-CNI'Ink.l!l 5:n::~= ·•· · ' .. ~~~~~= . .Commlialon.: . : ·: Dlmlm~on-·· .. . . . . .... MJ Keellr;-g PI¥Jli.80-4 : :: .: .: ·' ·· ·· ·· :,.MJ-J';;Hi11gi....NL.5Ji11·· '· ·. · ~~:~~:s·~·~ · .=~:~gE!~E WELLS FARGO BASE~ M5il ... ·. 1NELLSFARGOBASE-M5'0'·. . l,36o,oo: :· 1,380.00 JS:5 ·. -fl,160.00 · ·-eaoo oa ..s~o:< >< < < ·'2,120.00 . ~ I'CtiiKk·.: · .. .-~1,38tl.OQ ._. ::~~:g=~= :· · '512812008 .. ···10H ·· -BrlenR.-Cmvenka: CommMLo:Jl-:. ·· ·· ·· ·· ..... ,.APKeellngOML-«6 .. ..:WEU.sF.ARGOSASE-8459-·.:·.··.·.· ··1,JtiO.IJO.· :1: D.DO iii ~= ~~~r >>5~SE ~1t~l~~nl4~0 .=;:::~::::: 1 ·. J,SO(t00 :: . -3-,500.00'.: Ch!lct :· :: 611712009·.· .: · .... 1050 :·.·:· .:·.Bli11n R. Carn:nkll· ·.· .·.· .·. COl'T'imlulOii ·.· I'P a...J'tih•m-IRA!;.J!.L.155 "M::LLS fARGO BASE--·Msa.: :::: · 7CO.OQ ·::~~~:~ :·.· =i ·1.~00.00 . j' ~i ~i·····~~·~···· ~~.. ~~~·~: . • ; . ~. . "7oo.oo·. ' 0.00. ·. ···.······.<,! ·-(,Q.4tJ,OO.· . •g10.0L -7&1.®· '-650.00 .. · ·, ~$20,00. .· . Cl1oc!< ·· .: .:8/J$12009: .. :1o5!1· ::'.ertanR.CI!Minko .· ··C..mtn~on ·· ·" APFatt..,..IRASLI\634 ·· ··· ·· ·· ·: :WI!LLSFAAGOaAsE"«!P ·: 130.®: .. ·· ·lliO.oo·· . '2:::~g~~: . : Srian ft. Cerv-ankl: ·. · ·a.-~.nR.~n"ktl ·~:~:=~:;:-;· :: .. .. ·.:Commiulon: · · ·. · .. ·. · ·.· Cemnt.in!Qil · ··· ·:· .... :.ccmmm.z.ion·.. .· . . . . _::-.: :- :·-':' . . ·:. .: .·:. .·.::.:::.g::~:~ :. :. ::APP•IFOOSJ..A!'iJ-4 :. · P.P Pardo 1-HL 5Hl' ·. : APPBJ"doleL :~~~:~=~.::: its·.· ·.·.·::·.··~SFARGOBABE~·.u-59· · .. wa..Ls FARGO ilASE~-l-4-59 . . :- ::- ::- .weusf:'AA.GOBASE~·M51i:'.·.. :.:: · :. :.::-:;~~=~g~t::·· . :~oo.on .. . tOO,{l-Q · ::-1oo.oo: :.:::~:::· . :=:~ . ·200.00 . c100~0. ·:·:~~L . 6125.2009· . ::·Hl7.0:· 13riat1R.Ct.Min~·:: · ........ :... :...".".' .... ·.'."Ciemmiu!Qf'l · APPIIr'dt:IING2-!3. ·.. :: .·INe..LSPAAGOaA5E~IM59.'· ........... 10C,OQ. cnec.i:-· .. -~:5Q009 ::. :: ·107\l'· Srf.an R. Cervenbl ·. · · · .. · · Comtnlsllfon· · AF Pardo OML 4-48 ·· . . · ··wa..LS FAAGO BASE·- s.!Si ·. . : 1 OO;D~: . . .. . . . . . . o.co. ~/••··· ~./l~ ~~~> .· · · .· .· :~\ ~,:1: ·~~i~;~ .···~·· ~00,00 ·SOO.OO . . . . .......... ·'250.00·. a.oo ·. . . . :3,500.00 : : .3.~00.00:. :::..2,800.-CliJ: ·:-2,100.00 .c1 Ml.D.OO : p;,~;~ : !: 338  .. . ..-.: :. :.·: .. : :. ·. . . . . . . . . . . . . . tn,~AM .RETIREMENt. ·vA...:.uE:, l-Lc . KPKi:. aooks · ·.021W13. · ·. Payrnen~t~.l.lcenseeDeferidants · . :A~rUa( 8UF¥. · t.~areti 2009 ih.O.iil~ Mlrcli :i01o ·· ····.typO· 'Datmmloolon· WELLBFARGOBASEC8.j5Q:. :.~IT··. . . . ·· ·· ·· ·· ·1,000,00: '11100.00 . :C"h~: .. "711312009: 1129 · Bl'iMR.CeMnitl · . . ··.··.··>·CommisSion APir.llnn..ShorigChiTMt"SlA5:14. :·.:V!i'EU..sFAAGO.BAsE"·S45S>-: ·166.70. : _:,g33.30 ·.c.JJec* . :· ........ "7113J20Qil.: 1129 __BrtanR.Cervtn"ka .· .. .. ·:. : .. : :: C-o-mi"I'IMiori. . .:~M!no-shoogChiTru~~ILBL165. :.. ::WELLSPAAGOBASE~&-459· ·.·· ·166.1!PS · : ....etlG.S-4. :C!IOIIm-shi>ngC!IITrvoiANI4&2· ·.:·"WELLSFAAGOBASE;&-459: ' ·16US: . _.09~~ :. :--:--:···AP~Inn:..S.OoogCili·TruatL.Nl.0:!-2·: ·:WELL.$FARGOBASE...:&459:... ·==· · · · · =~~r;~~L~ -Cbe-ek. ·· ·1/,JI.lOQiil_: 1129 .. · 8r1a!'JR.CBI'Win.kl!.: . :._·. · · ·.Comr:nlsalan .. . :166.156·:· -33;!.,32 :· ··.·c~ack · 7/13l2.1l09 .: . 1129 .... Brl~nR,CftMnM .· ... ··.·· .. ·:.··.··.·· . :· OQ.mmlallori. ·· ·· ·· ·· ·· ·· .... "APMIO!i..shtmaCil11'n.~UNGzti3:: · :-VIEL.LS:FAAGOSASE·.e.-459:.: >166.66 :.- ........ ·: ·: -168.86 g~~ :. • ·• •· ~l=r :chol:ll Hll <~~~:5~s .• .711712009 ..·. 11~3 : .. BliOnR.C"""n"'. · ·• • ·• · · •· • . . . . . . ...._. ·•C.mm~-· .. APW.Ile'JI\I\MA004: ·• ::::~:::~::: .::WELLSFAAGOBASE-.&-4~9. · .. ;:::: · .......... :. :717.50: :. :·. 5.7~.00 •... •• •• :~:~:: A,:!OS.OO . . Ctle~ 7(17!.2.009 · ·. 11-4:,_ · · Brfoo R. Ce-Min"ka . . ..... · ·.. ·.. · ·.·.· · ..... C'llmmln.lon · · .. ·. AP~I1&-IM LNL: 5ii1. . . . -:. \NS...L.S f!"ARGO SASE ... 5459 · · · · · ·717,:50 : .;!.,587.!.(1 .. : ~~ .Check . . . . ~! >j~ i~~~t . . · :B/1&2009 :- ·tl!M · · B-rln R. Cerven:ka · t~~l~. . ,4... • :=. ·:- ·:: CI~~Jnl: Oon~IG S.VW Flllmli)'.TM!It ·. . . . . ... :. ~~lt_ ~i~·$. :.loP Doo•ld 'MJ Tn.mAG:L66L ·. ·. · ·. · · · Y'.IELLS FAAGO SA.Sii.~ Mss·.· .· . . ~~i · · · "428.58 : . ..... . ·~· ·······~··· .... . ... ~Z,571.-tl2 ~:: · · · .•• ~1:5 :l~E ~=~~:g::~E . :chotlt :· ·1111!12009: · · • ·1394 : ·: :" Bnan.R. ~nlOil'- C~~k .... :. BO.l./2009 . ." :·.1453 .:.:-: Brie.nR.Cervll!l:nk-11 · .._. :·.Can-ftll~t(G1tiH-4!:1)CommJ.Nil)~:._-_-.. . ..... WEU.SFARGOBASE-~_--·. -SPLIT- .-·.-··.· ·····.:'::·::·:·-··:.·:: · .: .: .".·... 1 1 ~~.QO.. -1 1000,0(1-_.·. · C~.-cJ:: . 812~12009 . 1453 .... Brt11n R.C-tl.-YU.nkzl:·.. ·····Client Herrrya CorraQ·J~ :-. . ·· ·· . : .. .. APCctTft\tTrui1AXA.:!JG4." ··. . VtB.LS FARGO BASE~B-459 _ t2:!!,0n . · · . "-875.oo·. .C~a.:k .· :. :. :._812H2C09 · · 1-453 Brian.ft:C•rvenka ·.T~;~_A'M\l:r~t:.50,0QO.oo·:·: · _. ....... AP.c.:irrllflffl.l.dLNL7~::. ~~-~~~.P:·~~:r~.~g·:. :_ t2;!5.00 .: · ·· ·· ·· ·· ·:-7.50.00: P..07 339 r-'  : 10:4oAM RETIRENIENT yALiiE~ r.lc . i ·: · ·arlon R. C-nl> ~~~~ ~!:Et . ': CC •. : . ·:WELLS FARGO BAS~ -11-459:: : .... ~:: > . ....7DD.DD ·.: . .· .. · . ·.. > :!:5:E -4,200.00 .Che~··.. !11251200SI :: . 1-4n: :· Brf:ariR.Cervth:kd..· :Kris~t:I\(6781-14-4}Co"'!lmMm . .AP!ock.. 919121109· 1579 CC!Irlan·l<. C.,Vool•0 •• :: · ::~:~~ •• --400.00 · Chedri ii1W2009: . ·: 1578 · ·: ari11fi·R. Cervenke :Hans~ (61a1 .. 1o4-3J Comrnlulon Af Hit:n.it-1 LNL 7.oi-O .. ·.·:w;:us FARGO BASE•:Msg :· 100.00 ·.·. . . ::-100.00 .·. :: 'i Check :llf912009. ·. . 1578 :. "r!i!ln R. CMV~nka "Ha.rme:t(6TS1-1-4J.) Ctl'mmlulor~ ."AP Herita-1 ANIS~:.r >W:::LLS FARGO BASE•Bo4-5S .: "1[]0,00 .". · · ." -200,00 . ~ili C"lladi · ...ChO •· Elrfan Cenrtonktl (l-4-.0C%) ·.· . ....· .. londly (675IC101j C{ ~~~~~~~~ · P.P L.llndryTRA281 .· . · · "WEU.S FARGO SASE ~.&458 · . ·.. . . : · · AP Landry lNG 201. ·: : : ·: ·: :. ·: \NEllS FAAGO SASE • 9-ISi •• .: ··. ~~~· • · • · .... 8~-00 "767.:50 . 7.7.5<1 •. . !1~·~ · · -3,937.50 : •. -3,150.00 Chook . 9/IIJI2G09c. 161-4 . Brion R. CaM!nl-~>:· -Z~lRA-(-67~1-~10)1X1mmiMion · ...:·::·~i=:~~~~~ :. ·:·:·:::·:·::~. ;~~:~~~:::;:·:. : · -:"-:·APZela.batgiRAAN1852 :." ...... :.::·~sFARGOBASE_wM59: ~~:~-: . _. <·~:~-:·· ..~200.1r0 · · ;: : •. . ·.,· ·chtJ.ok.......... 1Df11'2«19 .: .: 1:!177 ... &-l;mf!..Cerv1nta· 100.00.'. 5 : Choolc -:.Ch·~ li5L j1> ~~~:E~ •· · ·•· · •· · · · · · .· · •· · . . . • ·.••1~~1~Ji~~~~ .. 10!6f21l09 :. · · 2073 •• · · · · ·: 101612009 ., .. zon · Bli•n R. C•"""l ~:=:~5:!:::: · ·.: •. · ·.: ·. ·.•WELLS FARGO BAS,,,,~··•• .MJ :E.deMB~rc./tJf.A.!I04 ·.. . ... ·. ·:.·:.WEll$ f!Mt;O FJ.A$~.-.1-459. . . 1110.00 .:. ·100.00 .·. ~:~ : .: ~00.00 : ·::.·SOO.Oo · ·Cile-ok 10J&r.Zo09 · "·"2013· ~i'lnRCorrvrw;~ ·· ·· ··Edelsbtln(67l1-25f~Co:;~mm~on. .: _.:APEdtrltti:lnLNl7-40. ::· :.-.:::_ :::.:.\'ir'EU.SFAR.GOBASE~.6459~ .:.. : .1GO.oo.: :·4-00.00 ••·I· . . ·· ·Cho· .... : . : :1CM009 . ·. · .· 2'28 ." . : . . B11:1r1 R. CtlWI~l

.... ~~a~1~g7~~!~····· ~:S1fttf~~,~ ~jt;;g~;;~; . • ~~; . ~=Hr.··· Pagtl."." 340  ~;~Y~o~hkJiH~(6181-2~~ •. i-al:al $Amount: 13.000.0:0.: . : .... Ucen:s-ee: Joa:ephT. ~·~luoni.(10JJO%J. Ctlmm!Ron · · · ·· 341  .... ·. . . . . . . . . . . . . . . . . . . . . . . . . . . 10:40AM RE,.;REMe~t vALGE, LLC ~ KPKF Books . &2123113 · Payments to Li~e.nsee Defendants :Ac:~1Bu1• :·.March 2009 through March 2010 · .Typo ·Date·· Num· · Nama ·u.mo A«:oUJrt: ::,;p~~t '::Ch~: ~~- 11Mooa ·-- :·zn&· ·· ·artenR.eerWnke.-: .,., $pig!1~o,F;RA LNL 782: .WELLS FARGO !lASE-a.459: ·:. Ch~ : 111312009 . · ·Z778 ·: · .: .Brl!h R. CaMinka.: · Pi' Sp1!grioi11.F-lRA LFG 1566:. .·IIJS..i..s FAAGO ~-t-45!11- Ch~k 111312009 . . 2771i1 . Brl!lfl R>Ct!~llflks:· ·/IP Spognolo,f.lRA lNG 036 ·. . 'Mlli.S F/IRGO i!ASE· U59 ·.:Ch&/ik- 111312coD· :·21ua· . :::lldlll'll'tc... Mnka-: -"WEL..L.SFARGOBASE-8459 -5PUT-: . . ·"Chl!tCk 11~«1tfi ::. .V:i:nl. ·.·-.-.~a~R.CeMnka.. . .. Client: John.& ~IQf«t-c& Pnq:u-al:e {671!-1-340) ·.f:lP Pal:fJ.td•J&F .HU 1114 · ·... ·Yft!ltS FARGO BASe-- 845-f. ··.Ched( 1113J2"CD9 . 179'1~ · ·---~M R, Clf'lrwnke ·. Tolol $ Amo\ont: ~~,DI)I).PO ... :. . .. . PP Pu~.lile J&F lNG 2:0s· ·: :..WEllS FARGO BABE •ft.oes-& :. :.~::: '.".QftGk' ~~~~: ... ·: . .... 11t3J200t . -::~:,:-:::::~~-=~=·:· . :at~._._ _._~"" ~Ceilfl'lfl~ ·: U~lloee; Joseph t~.Oon.nanbJoi'K{10.00%) .. . ~mfl'!~OO. ~~:::;:::::~~~~~> ./tP Pfd~ala J&F lFG 586 · . ~~z:gg=:~~L · · VYELLS FARGO BASE • 845:a · :-2Clo.oo: · ..!oo.oo: .·. -:0,00:. ·:.Cl1e-dl. 1if312009 ·:;i!.,Qiii_.:··-~"fl~.~nka: Vii'ELLS !"ARGO 6Asf -B-4=-9· .."." . ·.:::·-sPLIT....... ::. ·.. ·. ·. :.. · : ..C,OOO,OO: .. Cl'J&eK· : 111'3.'200r,: . ·: 2.806 -.:-.ll¥ll'lnR:.-Cervenka·· Cllont Uooy EOQ T""'l (!1781.;149) ·liP Moty ~g Tnmi HU 114::;· .· · ·:.'M3J.s FARGO i!ASE·- 845S : 4o.i.lio -~.aoo.oo. ·.- Cl1edr · 11MOOS :_ :_ 2806 ::: :_ Sihm R:.-Cervenka· · rotnT $ Amo1-1nt: 2QO,OOO.OO · . .AJ=tU~JfYE.rlgTrusiW899: .......I/IJELLSFARGOBAS!-.~!!i9: ~PO.GO -3.2DD.DO. ::·checil .: 111'312009 .·· :.2800 · · BrlariR:.CeM.Oka-"· U~mlftl!": Jlimet I..Qrfn B~lo-(10.00%) NJirle.ryEngTrwtAXA8~ . .- ·:·.··:WELLSF.A.RQOBASS:~B-459 · .. 400.00 ... ->,OPO.OO . ·.:. Cl1ecl; ·_ 11r:J/'200f . 2806 · .·.etlan R:. Cervenka . Com~lsl-loo · · · · ·· f'I' IAooy Eng TM1 1\XA 145 ...... · ·.. ··.WELLS FARGO BA$5- U59.: 4PO.OO · •;2,400.00 Q,kk H1l/200& : 2~ ·. ·: 8d1n R. Cente:nkll- · ,&P MooyEngTruol LNL 7<10.:. . :: .. WEllS FAAGO BASc·IJ.459 : 400.00 ·.· -2,QOO.OO: C:I1Dclc 11f.l.r200& :_ 2ooo: ·:.ert•ri:R..-cnenk:.-- A? Ml!l')' Eng Truflt lNG 201:· . . . .- wa.LS FARGO BAsE .:-·8459 ~o.oo: -1.8QO.oo: ~acli .... 11{,1,1100Sil ·::.2806 ·: . ..Brtan FtC-iwtt-nka .. APMaryEngT.;-wb\NI$52.: ... :: .:_!Na...LSFARGOBASE-~59 .: . ~Q,QO ·1.2DD.DO C:~ftC'i· .. 11/3.a009 _· · 2808 ·'-BrtllinR.C•~:. AP MniYEng TJW"!.LNL 7B2<:.: . . . :::·::.WELLs FARGO 8ASE"-t45!a .: 4(l0,00 .... :..aoo459: . ... WEllSFARGOBASE-~9 100.00 .: 100.00 . ..90Q.OQ. :.SD<; ·.... · .WEllSFARGOBASE-8<159. 1oa.00·· . . . -0.00 ... ·: ·"Check: 111~12009 ·· 2842 ··· ···BrtanR.CII!rve111ce ··. Ch.ec« ·:·111-4/2009 .: .. ::;;:861 . :-.b.ri~R.CerVm,jc.:.. ··· VVELLSFAAI308ASE·!-459 ·. ·····-SPUT- · · ·. · 1,1100.00 ... -1 ,800.00 . Chcdc ........ 11/..12009 _-·· _-:· 285"1 ·.. :·llil_,; J=i:~ Cef1if1M[tl'l;:. Cl~otw.. & GW;., aui<~omod (~81-l71) • APBurdl~aid.WI.GHU814- .· ·:INELLS.F.i.RGo"SAGE:~~~f." ·· ·· ·· .: .: ·18n,ari -1,440.00• :Chock· ....... ··j1(o!/2009::.:l"'1:· :.llrlMR.Ce!Vonka·.. Toiai$Atnount: 8<),000.PO. " . . . · · . f'I'IIilr-00. : Ch""*: 11/o4-i200& ·· ··.2e81 :&ian.R~Ciirw:nka:. U~IP!I"'; ~CFP/P.IIU! BrQet (11.Q(t%) : API!l!rflk!, WIG fNG20f .": · . .:: .\\B!.S F.AAGO BASE-~$45i." .......... -"160.00 .".: .":. .··-Jlo··· AP&m:hllo!d, W&GAN!o52· .. ·:WEllSFARGOBASEOUS9:.. 100.00. . ..::.·4-!10.00. Chttk: 11/41200~. :·. ·:: 2111$1. : &l11n R. ~nM:. · c~ Otledl.: cttaclL .. 11/IIJ200"5 781J1 . &111n R. CMY!-nkli · 11141200'!1 · · · · 2861 ·. · · ·. · Btltlln Ft CM\1-tnka: ··11f4f.Zooi· ;:· ;.:2.Baf ·· ··:aiiariR.C~rv1mkc: .. . . . ·. . . . ~=::::g~~~· liP Burchfil!l-ld, W&.-Q IN-QO: . ~1.73Cl,OO. Cl\0<11. 1111012009 :·• ·: 2966· ·.· •: l!!lon R. CetiOnko: . Clie~ M•;dii:A·.-Mun0z-IAA{S711.3o:i) ·AP Munoz,IMRA HU 814· ··WEllSfMGO BASE···•·I59 · · · ·· · · · · · · 17!:QO · . -1,!02.00 c~ 11f10!.l0011 · .·.· 2966 ... · Btlah R. Carv-anb-: Tot.l hmoiR\1 $39,DDD. •· · · · . .... APMunoz,IMRAWm .. :. :c.::·: ::WEllSfAAI)OBASE,U59·: ·· ·· ·· ·· ·: 17!.QO. · :: -1,<2o.PO .Cheek. .. 1"'1/10/2009·. ·.·.-.2988 .. ··a:taritt;CBriimb.. :u4 .: :. ·:.·:.WEllS FARGO BASE' 1459:. 178.00 -l,2.45.D. :Brian R. Cervenkd·· · ·AP Munr.I.M-iRA1NG 036· · · · ·INEU.S FARGO BASE· 845'il.: : · · · · · ·· 171!1.00 D,DO ~2~11P.Otl-· · Ch~: 111l2J2009:-: ::.3006 .. ··:.Btlt~nR.Cmardc•· ·...: . WEWIFAAGO BASE- U59 .·.SPLIT-: ::. ·:: ·.. · .:: :: .: : -~'t':"J.~O: : : ·1,962.PO ·.. .: · .. Ct\e9k. 11J12/20ot. 3006 :.··.':J:~rt'iln.R.CIIIVI!'IIQ :·. :CHmt D~dJ-111mo-s Bv&r--IRA(67lti-25D) .: :·"'-PB...tler,J>.lRAMET650 :·"WEL.l..SFARGOBASE-&459-.: ·· ~18,00 ··Ch"M"Ik · Ch.ecl( ·. 111121'2009 1111212009. 3006 . BriaR R. CtrvenkB·· 3006 · · ··Brian R. ~ntl!nkq-·-, · ·Total$ ~oun1: 109,000,00 · · · · · ·. ·. ·. ·. : · "lJ&;(.mf!e~ ..lfA:e~h T. Doni;antuon~ (10.00%): .. · ~:~=::~~~-~:-: /IP llutfot,~IRA AXA 146... · :·.·. ,:-:-:-_::·:::~:::g::~:::~:::: :· .... :::: :·. ~~:::. BAS~· BJ,SF ~JB.DO ·L7«.00 · ·1,526.PO· .. ·1,JOS.oo .. .Ch~· 11J12.12009·~· 3006 .".:BrlaJlR.CeJvilnka Cemm.Rlori · · · · ': .. FAAGO :.WEllS ::·Ch-ccio:· 11112J2(JOQ:·: .woe.·.·.·.·.nn•~R.OIIIfV•nl«r.·. AP BU1l.l!f,C-IRA lNl74(l .-:.: :)VEL.LS PAAGO BASe:..: 84-59 .· ll8.00 · ~1,oeo.oo: :APMe.r,C..IItAING2o1· . ., .. ·: 'NI!LlSI"AAGO BAsE,~ 2!1'1.00 . -&72.00 · .. Ch.a;· 11112.1'2009 ···J.OQ8 ·· ··Bril'ln fi:.C«trenii.R· ·.a54:oo· ·· ·chellk· 11/12!'2QOG :· 3006 ·.:.·:·&ian R.C11rve-nk.a-:.· .. ·AP ~Cr,D-IAAAf.i1"852-···· ·.· · · ··.:·.·,·.······"WELLs FARGo 'BASE -·~·g·.· . · 21a.dD APBY!lGr,D-IRAL.Nl782:: ::·:: :·:':·;.·:.\N'ELLSFARGO.BASE.~~59.:: .· :-4J6,\l0. :Ch'=1lk .11H21.200Q ·. 3006 · .. :·enan Fl.carve-nu·· · .. 215.00 .. C!1t-dt 11f12J2Dt)Q.:- 3-CJOti .: : liriah R.Cerve-nU · N' Bllll•r,O.IIll\ LFQ 566 · · ··WEllS FARGO !lASE•M69 ·. 2iS.OD ·-2111.00 Check 11112!'2009.: 3006.: ·: armn.ft.Cer;rltn~·:.:· AP Bu11ur.O.IAA lNG 03~3" ....WELLS fARGO SAS!!-8459 : . . :- 2.15.00 . .· 0.00 ChO<:k. ·ch!Kk 1l/12QO!Mr' ·. 3013 ·.... l!!ll.n R. Corvonu .. 11f12f.2Q"[}g· .. 30~3 · ·:.Brili.nR.Cerwn~l!l.".'." .CI!col: R<>!Mrt!-1'"'"" {67o1-~53A). ~~:.,;~~~~'&<•• . ~"tJ1'f'Ail~~91.S~,uoe · .... s5o.oo '•·•• >4 '500'00·· : .<1,400.00 -5,!150.00 : -5.2DD.oo: Check :11/12J2D-G9· ... :'JDI:!- : .: BrlanR.CefJolenU .... Toiai$Amoulli:J2~,PO~.OO: ..... f'I'Hanoon,RLUIIIP: : ::. :C: .. C ..WELLSFARGOBASE-U59.: 650,00. . ~0.00. ·.: . ---4~550,0Q. : Coocl< · 111121200g·: · · 3013 · · : ·Bfion R. COIVenywell, R LNL 782. :· :i:; ·: . .:: W5US FARGO BASE- M69 . 500.00. :~ ... .. 0.00 .: -4()0.~0 ·Chotek· ·· .· .. ·.: ·· ·11/121200if 303(] ·Brian R..Ceiii~nka· Nl H-oc;-~:~~, R PU .930 ·: ··.. ·.·: ··. · ··. waLS FARGO BASE~S-45.!11 · ~QO.OO -Check. ·· ·· -11112!.2009: 3030·: BrrllinR.CI!Iill!nl:"ai- .. ::AP H40AM . 021;11/.l).: .• REn~~ENnt~LuE,LLC- ·•P~ymeflt8 io Licensee Defendants .· KPKF BookS ••· 1\oiH~~!HRA!..Nl. 782 . . .· : ·. ·.WEIJ..S FARGO BASt:~ a-49 ·' · · '12.0.00 :·. : · :-120 oo· ·. ~· ·.·.· . ·. : ·.:. m~: :: _ ._.Ch~: .. 11illl2009·.: .. z:l26 =~~:g::~~ BrtnR.Canenbi·· . .•.C<>m11!oai"" .. ••· :....•... ••··. . CUantCnigE.Ird.afl11:1l1L(671!:1_.38)__ .. ~t;~R,;I~~~~S~ •. < ~i:F"tGO!if'~:~t;g APM•r~f1,CW89"··· ·:· · ·: ·. :.·,.·_:'NI:lLSf'ARGOBASE>-o.459-"-· ·:·. ~2000 ,OQJ)O·_ 1 ,000.00 ••.•• ••··. .. . .. ,;,~:gg ··~II'OiJ.Do·::. ··• · 5 n=: ·• m: · • ::~~:g::~~· ·· ··1~:5 . ·. . . · .· ·•· ·• .• ·• · ·• ·~ · · · · · ··1··· Chock C-111!-Ck.'." .Chock.· ·check:· 1 1.~.•1• 1 1• ·• •· · · ...• ~~.~-··~• ··•·•··• •·· .. ·••.:llfi__ t/111 ~•· · · •· • · · · ~ · · ~a· ••··I····· .. ·1211712009; 12117120!>9. -. 3ml: •:. Brl.,R,CorII: · ·· ·· ·APG-oaod.AtAAJfll1.63 :. · ··· ··::··WELLSFARGOSASE-M59.. 1 ·:.·:.··.·:WEW· •·•·•.• •. . . . . . . · • · ·•· • ·• • .• < • · • • • .• •· gEm~~-; 5 . ; ~~g~~§i~EiL lE~ • ¥11~ . = : Ch&lk . . 1~1~:: J~: =~~:g::~~ > · . ..•2!17f2CQ:;. Jn1. ·: ·-Brfal'i R. Ciltva-nk• ··. . .• •·• Cll•ntPL~K.o·N·aM~~51·1~2) .. Total $~~t: '25,000.00 · · ~!r~ri~~~# ' . "Nl O'Neai,P-IRAAGL 73[ • ; ~~::::::::::< ....... :: •.. . . : · : .· .:.-wal_S FARGO BASE ·8459:: : . :. : ...... · 250.00 .". · . · · 2 .!00.f'] ·• •• •• i:~HL ~2.000,00: ·~···· ~ij ~ ~~~1 . . ~-~-"~· ~~~~· :;cij~~'~ ' ~1 ·. ·• ·l~ 343  .12/n/20®: an1 · · · · Brl..!n A.. CHYenkll ·12117120011· "3714 · lJ:rnln R. C&rYerilte. -1211712coo· ·an~ ·. ·.hJi.lln Ft,ci!-!Vellkll 12117120~." 3774 . Brion R- CeM!nloi ·. ·121t712009. "3n.fi ·. Brtim R, C1rven~ ·.:.1211 112009· 377< : Brion fl. Corlon)OI ····1Zil7~·0$1· 371-': Brt11riR.CeNen~ ·1212312COS . ;;.so~&~.·· Brien R. Ci.lMnlul .. 1212312009 · · 3809 . · · Bri:iln R. Cmenu 1217312000· 3B09·· Brian R. ~NI!IIlM ·· ·1212JI2GOf: · 3(109: ::: Brl:an R CeNen~m .. · 12J23r.l!ClD51" 3.11D9 · ANn R. CeNen!al · · ·1m3J2oil9: ·~oo BriM R. CeNenXa.". · :l:t'l3/20DH: ::: .~1.. BrlrlnR.CII!rven!m · .1m3n!ooo. M41 : . .. Brillo R, C1rvenkit · ·. ·12/23/.f!(ll)g 5M1 .· Brian R. C1!rvi!J:hke·· ·. ·1212312009· M-41· ·. · ·· Brnln R. Cl!i'vanlm : .·:·121231200i · ·: 38-41 ·· HriM ~- Ctirveri~ 1~0DS .. · 3*41: .:: BriapR.C~~I!I_I'IM 12123J21:lDSI·· ~1·· ·· · E!fl.lln R. CerYenka · .ua!./20~·. · :.M! : ·. · Brion R. c.iYeniio··: .".12/2312(l[)i.· 3M1 Btlllfl R. Oet\'Ohku .12mJ20og:. :·. :1141 .. BrlonR.Col\'onlio 121231200,. lll41 : Piton R. c.... nko · 12J23J2CDSI" . :;.!158 . Brl:ru1 ~- CMYi~ttkll ·1l/2JJ200:s.-. za~. ·. · ·. · Pflail R. CeiW"ri~m .12/23J2QO$J ~58 ._. .. Rrl:~~il R. CilMnkl .1212312009· 3a5a·· Bl1ah R .. CMVenkil :1.212312009 ·:·. 38SB 8tlan R, Ctfvtlll:ku 1.2/l012009· . · . 3862 · · Brtan R. C.rwtlke" -1213012009 . :. 3862 · · ·811an R. Ce~Wulal :12130120~· · · · )852 · · · · Brian R. Oen11nka i21301200ii: · · 3862 · · . : · Srlan R. CM""i'enbl 12130/2009. 3-862". Brlan R. Cewenkil :'f213012009::. 3862.. Brim R. Ccvenka. ·. "'f21301.2009 ·.· 3M2 StlanR.Ca'\h!lnkli ~2/l012oos·. 3M2 Brlw1 R. c:~.i :1~09: ::. 3862 .... Brbm ~- Cevenkft· . BrJar\ R. cerven,nl :i=: . =·· .1213-0~09:· c · :3-$62 ·· ·. :.:· :::::~g::~: · i2130i2o!XI._. · · ms Srt!M R. c~~a~:: 39r. !hlon R. c.r;."l Cem!n~ ··~=::·.:·!:::: ···::::=:=~·= ::12.'3012009· ... ·3905 .. .": Bll:a:n R.Cerve.ilka i2/3.Ct2009 . . 3005.·· ··. BJlanR.Ct-Mt:nlur'· ·tzt3Q1'20g9· ··· iQO!S · · ·. ·Brlml R. ceNe:nka· · -1213QQD09·: · :3913 .·.- ..-::· BrlmR.Cenrenklll·· 12r'30r2000 ·. · · 3913 · · · Elf!eli R:. CtNtnkl , .12/W20~. 39n·:: .:, Elri..,R,c.,V•nlo.o .. 1.21JOJ2DOS 3913 ar~.., R< Cm-.IP::nlrl"' · 1mo.t.2aoa: .:.: J.Y$3 ::·:··.~an R:Cei-\ir..rllu:i" 121l0J'2Q09: ... 3DU .. :. BOIII1.ilt.C:et\!e~k.a 12/30J2(l"09· ·. 3913·: an.,_ R. Cer.rl!"nk.a 1Zr'J0!2(]mf· ·· :iilt3-"-" ._. B11Ni ~.eer.ie-nlui. 12130J20G9". ·.".." ·3020 ·: ... brUin R. Cern.ika:. · 1~1fa·.: ... ;ig20_._ . ··BriM R..O:Anrl!nka 12130f.ZQ:OiiJ· · · · 3lil:i!Q·· BriRn R. ~l!nkl!l 1-09:, :. '"~. ·:·llltonR.c.N••iio: 1W0J2009." . .". 31i120 .. ·:: Brh:inR.OeiVI!Mtl!l: 1fTf2.C10 . ··: . 394~ :.·.:.'BrtlllliR.Cen!l!lliQi:· 11712Cl10 ·. ·: · "3£1.4!11 ·· · · Btlan R. Cervl!n!:J:I 1n't.2.D1D : .... :3949 ·.:. ·.: Btll!l!:i R. C~ti_l:.s:: .. 117.r.w;c · · . · · 3~!1- · · · · !Irian R. Cervenka 1n120~0 ::.·: . J"94B- :.·.:. BrlanR.CerVI!InU 11141201o · · ·:. 402.!1 ... ·:. Btlar1 R. cerv~n~ 1/1-412010 ·:: -402-S ... ·BriM R. Cervoenka, . 111-412010 ·.. :: 402-9 · . :·:Br1arrR.CtrVtnka: . ·1110010 ·. 402a : ·: 8rtan R,_C£r\lenka. . . · .11W:1010" 4!1:l• ::: .. lllt"1 R, CeM!ol113: ·: ~~~~EME~Tv.A.t~E:.LL6- KP~f aoo~ · Payinerit8 to Licensee [)efe!ldantS < · · ~~~~~·'~: :_ ~,.;~ ~Ms thio~gb Mareh l010 ·.· T),o ·a•·· )hrm ·. N.mo ......... · ·: Abeount · ·l)obM · ~~ ·:n.~~·:·· ··ch~ti. .. : · .,1'2012010 . · 4m : . a~•• R. c"""'"". · · · ·.client: EYe!•••• F.Y NW.:sPoc.NO.d. r""" 16ia1:.682) ·: · · .AP N""rTN>t w ooo .. _: liiEus FARGo 1Wie~a.~5!i ·.: too.oo . · · · · · · ·: · · ~.oo Ch.t()k . :112812010·.· .. -4!n·· . brla"nA.~ng·.. .. :Tatll$aruoor.t$50,000 .. ·.. · .· · ,. . :.NJNourTnat:SLA33.3: ··WEUSFARGOBASE~-64:5.9. fOO.OO. ·· · ·-too,oc·: .· .·Chod< .1128120!0: .. : 41n.: ·: Br1onR.C...oo!ui:· .Uoo,.oo:Mici1"1M•rph'/1~: APNourTruati>NI005 :.IMlll.llFAAGOSASE"M59··: 100.00: .. "·70MO: : ..Check .: .1t:ii:8.1201C .·.:. -4-ln . . . 8riMR.Cervet1M. ·oa~m'"'~-: ··APNourTn.iti:AXA.~: _:·~SFAR.GCSA.SE-&4-SS. 100.00 ·· .. ·:.GOO.oo·. Cheok "1f231201D .. ·.: -4-177 . : Br1v. R. Cmen:kl. . . · ·AF' Naur Tnlltt MMI·Q25 : wa..t..S FARGO SASE.::;&.o~.sg·.· fCQ,OO . . -&oo.OO. Chaclc ·ch.,..;:k. : :~=~:g::::-:: :~~ · ~::~:g::~:::·. .... . : : .... : .· :-. ............. ::::~::.i~=~=~: :·. :. ~·~:gg~~~~~r ... -.~~:~ :· .:~:~~- . jig -• ~~gE~~ . .. • ·. •· · • · · · • • ••..•..••.•.••.•••• ·. . :•· . . . . . . ·. ~F~~l~-M5~ ..•. §~~~~~:?5' •. . 1E:~ • . <_1:~:~r Chod< "Cheql'; Ch~~ Ch<>·· ·.: BrlooR.CI!f'long. .lJcOr;,oo;R>ry.....,G.ChodY.ick,Jr(12.00%): "APR"""'" ... "·R-TAAC!~AXP.s.: .. :··WEl..LSFARGOBASE-.MSll.: .52Ul: 0.00 ·cniodc 1n8f.ZD~O:· ·. -42'.27: .... Bt[flnR.CmanM . -: : ·: ... -:. ... :. ·:. ·. ·. .· .· .. _:: .. :Vo~E.U.SFARQOaAs~-&&59· . ·:· . ·: ..SPLIT· . .-·.·:.·:.-·:··.·::·:··.·:·.·:· . :-60C.{l0 Chook .1r2l!.n010 .· -4227.: : 8tftmR.Cef\"en'lia ·9fiento.braLL.adllooTRAD.~RA(8781-688) ·· , :·Af'Lalfhlco,P-TRADIRAW.099 .· ··· ·· WEUSFARG08ASE-M59·. . i2D.OO·• :-480."1l0 ·Chtlck 1/28,12010 ··· 4227 ·· ··BMmR.Co~~Mnka ·Tata!.$Amot.mt:3C,OWJl"Ct .. :.. . . ·:APUichlcu,O-lRADIRALrG006 .... we..J.SFAAGOSASE~&t-69: 120.00 · · .. ·-360.00 · · Check .. Chook . Chook. 'Ch -100.00 . -300.00 ChOIlk": ·:. Cl\oclr. . Cl>ook·' . Ch00k·: . :. ClleOk· """""' :;~::~;_. >Chcu:J!;.: ·: Cheok': .. Cho~:. ·. Che-*·· j~lL ··•~· <5~~~~~/ ·. · · · ·• g~5~~~ . ~, ~~~i~e~~mr i~:5 . . - ~:~h 1 · · :: Cheok·: :·.check:: .: Chook:' '= . :: Chook·: :. Checll: ··2J412•• Mart:~ 2~ througll ,_reh 201 a. ...... .... .. .. - ·:·."ArenJIII~ Bul• ~-· . "PUiinli .. Mefno· : AcCet.lnt: .. : ·Doblt . _Ch~ck :· Dolo :~31412010 :·Num .EFT Elrl.. ti,.,Cremnu::: .. ·:·:-:- ::.: :.-::·.:·· . :. :: ::ol)~~~n:·. APDeY:0Ung1TlsL36t: ~:weusFMGOElASE-~84-59 ~00 . 00·: .. """'" u2,of.OO.OO: •" ...... ·-2,100.00 ·... Chri .. ·...3fo4/2010 Err l!lrla'll=l. ~nka· · · · ··· · · :-:· ComrnJQI'on APD~~rYounr:rL.eL 918 \1\'ELLS fARGO BASE ..:J.4.59 : 30(U)O' . ·: ·Che-ok: :. 314m/10 . EFT. Elrlaril't Cm00.00 .. -Che-ck_- · ·· ·· ·· ··31412010 ·. . . . EFT . Brl•nR.CitiY8nkll·::. :.·:.·::CilmnduiM APDt-Y«X~~,TlFG IU ·:· ·:· :· ,.WELLSFAR~OBASe·~·84-59 : J.oo.oo: .. :-~,!im-.1;10 . :. Ch•ck. .· 31o412010 · .. : . EFT.: · Bif•h. R. Catv.,., kill · · Commlsilon · AP DaYIU"Ig,i lfG 248 . :- .· ·_.. ··.INEtJ.S FARGO $ASIE(- 84$ · · · · · · :300,00: : ... -1.21J[J-,-oQ ·: ·· ..fiiD.Cla: • • •· · ~· · .. • •·• lt· · ·~· • • l l;•· • ••••Hii~!~l~.~~:······ ·lOMO · "lO"tt.OO· .. -<;OMO :. : aoo.oo: .. · ·-300.00 :· .300.00 0.00 -.~.00 :· .. .. .: ·-7"00.00·. ·. 175.00. · · ··-S2SJ]D ' 175.00 .. :· ..... -35Q.IJQ- .. .... ·······•···•••••tz:::TCJX,•••••· ........ ·-175.00. • 175.00 176.00 .(}.00 · · .1 11QO,O:(t >1,100.00. . Cl"JCQit.. · · ·. :!11112010· · · ·I!FT · · ··Brian~ Cervenka . "Co:lmrnifAion . . . . . . . . . . . . . .. . . . . . .·AP Berke Diluf-TRAD IRALBL-.:711 · · · ·'NEU.S FAR:GO BASE -6<4-59 ·: . ::.110.00 o.&-00",00: . Che-alr;_: .. 311112010 ;· ::_I:!FT .. !lrl.erilR.Cwvt;;~."· ····CtJmmlstloo .. . .. .. . :·.APB«rte-:Dou~TRAD!RALFG081 ·.···WELl.SFAAGOBASE-8<45!1 :·..... 110.00 ...eM,CO . ........ 110.00. . . :.nMo: . ::.110.00 ·: :-6611.00· .. 110,00 · ·:-:sso.oo:: '110,00 .· .· ·· ··~.DO: 110.00 . ·: ............... -330.00: .. 110.00 .... :. ·:-220,00 . 110.00. ·.· .. ::: ,.'-110.00.' 1_10,00_ .. ...... o.oo·: ·.:.. . 3,500.0.: ··-3,~.00 350.00 ." ........... . -3,150.00·:. ·· ..l5,100.00·. 300.00 .· .: -<,450.00 ... 350.00 :: ·: -2.~oo.~·· ·: ... :300.00 :: . -1 ,750.00 .. ' . ·:J50.00 . . .: -1~400.00 .. ·. aoo,oo.:· ":·-1~050.00: :350.00 :: ·ft70Ct00· ~.5ooo~ i:~:: .... :350.00 :. :.350.00 :·· . ·.·' ............ :~:~:g;' .· ·2,45<.00 . .. .. ~2. 100.00. -1,~.00 -1,400.00: ·· ·· ·· ·· ·Cbn·· .3111.12010 EFT"· .. BrlanR.CerveilkJJ::: :· ·. ::cOrii!T!ls&lon::·... ... . . AP8urdllield,GwTRADIRAAXA®f.··· MLLSf.AA:G08ASE.~&459:. ··3SQ-,Q(l·· .'1,050,00 .. AP Burd11lo!d,G-TRI\IJ1RALFG 5e6.' --: .~$FAAGOBASE'&I59 :-:-::c·: ·.aoo.oo·: ChO00.00 . '1,350,00 -1.200.00. -.1,050.0') ::-~.OC1 .· -7:5o,I;JQ . :. -600.00 ·· -45D.CO .:-.3QD,(l0 :.:4,:JOU6 ._ • >''~:~g ... ·"!,304.56 .. : .· . . . ...... -3,07U4· ·.: : .. : •. -3,443.80 -c:: .• _ . .-:. -3,013.22 :. -':~:~u~····· .::: •1 n\.04' ·.· · .. '1~1.38. : ....e&l.li'2- ... --430.46 . ,· O.r:HJ · .. 3,18024 . . .: l:~~:~: •. . ·:··."-3,H:iU8:. ·2,72'1.14 :. .. .. ·-2,3'14.12" ........ :l:~:~_: .: ... -,,111T.oo·.-: ·: .... : .. ·:. ~nn.m :. : ' .· -3&9.02 .·.· ......... 0.00 .:·. ,roo.oo :· ·· ·· ··Poo;._1a::  349 10:<10!1111 . · Ch~ :illili.lolo . . .-·: Check 'lllonooi<< · · :_ 312Sf2010 ::Choll .cs,ooo.oc. o.oo .. Niche •nvu~ ..... : Checlt . . · . · u.c: 11n5i2'C09 .. : 3JJ21 : Nl~e lnveetment, LLC . . . .. . . . . .VVELLS FAA GO bASE·~ ~5" :·..SPLIT~ .... .·.: ·.·. ·.. . .. ·. . .......... 3,000..00 .. ·.j,ooti,oo· · · . Cheek_. ·: 11J25J2009 :W%1 . Malle lnvettme:N, LLC Clllflt lola Grt~~IIRA (878_1"""74) : ·P.P Groli,L-tRALU 89~ _ .· 'NEIJ..S:fARGO BASE·~ 3-4:59 · · 300<00 .. .. .. .. . . : ·2,7COJX>' . Choct .11!2~ 342.1 .. :M~c_lnveWnent,llO To111$111mDUnt$100,00G- . . ·.. · . . . ... . - -~Gn:.U,L-tAALNL7-'D- .:VVEUSFARGOBAS5.-iM5P· JOO.Oon~LLC .APGroii,~.;RIII.SLnt;'. :<., .;'MLLS.FARGOBASE·&:• c·. WEU.S FARGO BASE·.MM:• • · "300.00 · .. c;o,oo• .. Chfi:C:k 12/JJ200S · .. :.ACH. : . .- .. Mctre-lnv.n!meryt.LlC 1ilmUl81S1-45EI· WEU.SPAA.GOBASi;-&459: ·:· .... :·.:..SPUT-.. :··:: :: .": ·: ·: ·: ·: 2,580.il!L : -2158Q.((i: · · · ·Che«;; 121312009 ·. : Act1 Nlcht!-lnve..tmmtl U.C · Commiii:IIII~DI1 .. .. .. M> 'Otmu1,S 1.m. n1 . ··:.·:. "lrVEl.LS FAAGO BASt;:- IM!i-9:· · 1,2!10.00 . -1,2110.00; Che:·-:·· :··· .:.. : .:· · ·: ··SdVflen.a'l!1~70 ·: ··· ···· ...... :.·~::m::j~: · ·· ·· ·· ·· ·· :AP.SChHlen,Jt.BLiTt· :_·::·.=~=~=~==~:-::._ . "WELLSFARGOBASEw645~···. ... .. ·.150.00 . .lllMo•; 100.1)0 · .. too.oo .-100.00· .3IJO.oo: ...·150,00. •. Ch"'"' 12il/20QQ .' • EFT .... Nloho fnv•Otin•o·~ U.C .'.' •,Alohlllon $7~1-47Q . ' . .. ' • • .. AP Sohlnon,J I'U 14Q . • WELLS FARGO Bi'SE .'&<~~I· · -c:J.OCI •: Cheol<. .. 1213fl009 . .• EFT. · • NlTnilla!lLIB99 . . . .''Wf!ll.SFAAGOBASE·M59 • 420.00 · Oho TM! a! AAA826 •: ·. : WELLS FARGO BASE C1>459 ·. .. · o!:!MO .. 420.00 . :~:r~:: ·: ::: : :. :~:k~:~~-· .·:··. . · . Che TMI E&M LNL762 ....•: ;: WEU.S FARGO S.O.SE; JM~9 •: •: .. 420.110' .,. 12t.I/200L, .. !P'r . .: Nloholnvelltmon~ LLC ·.. . P.P Rlohor& Tnitl a! ~LI680: .· •: •:. \Mlli.S FARGO SASE,....... : .. : '20,00 ... .. . :1.:::g~ > .• Cheo< . .... ·; ...W.yno& Eleloo Rlohoi. .75<1.00· • ~=r~~:r. USB =~:~g ::t::~: • • • w750.0(1· • 150,00. . · .aoo.oo·· J. .... (57··"··) . 150.00 >.. -450.00 -JDO.oo· . ·. C;hcdo;; t213120(1Q :· .· EFT· :· Mch11I11Y.,IIlm~ lLC ·:· : · . Commluloa :Nl OleMn 1\XA 83. :- ··. ·. ·. \oVEl..l.SFARGO BASE ~-8450 · 15<1..00.· .. . • ·150 . 00 ... Chi!C~ ·:1213.12009 ·Err" :··Nidloln.vest~Jii.L.LC :::···: · -CommJn.ion · :p,pCJI~PlJB80.. .·.·.:MU.SFMGOBASE-&4:!59 ... 150.00 .. . · o.oo·c . .Che~ : 12/31200$1 : !liFt .: ·N~ctle hw8s:tfoont, LLC :-:: .. ·.. ·: Com·mluion. . . :.AP Olnorl LBL n1· .. ·. : ... : · ·.: .": ..._..\~\"ELLS FARGO BASE.-&4~9.". 150,00 •. .. 1,500.00 • ·: Che<1< .'. .. 12/JJ2009 .• :• EFT. :• .• Nl.. 510.00 .. . .010 . 00 •. ·. Cbad( 12/.ol.m:IOII EFf. Nl-chlll!nv&atrno-rU.LL.C ...· ·:ecomi"Tlil:8fo.n :: ·· · · ·· :AfiKlm,YuHarHRA"W agg·. ··.·. ."." ."." ."."\NELLS"FARGO BABE-MMI :·. · ·na.oo.:: ··· ·· . -3<40 . 00. Ctl.e-c:k: 1214ll009 ... ·EFT·· · ·:· Nlcha lnveatmel11, LLC .· Cn.mm~D:\1. ·: : : :. :. :llJ.? Klm,YoH3n-!RAI..Bl771 ··· .· · .·.· .·.·Vt~S..LS .FARGO B,tiSE -.8459: · 110.00 .• :. :.-170.00: Cheek: 121.41.2.009 ·.EFT: ·Niduii~W•iltfr\8sii,LLC ·Corummiu~ :. :. ·.· : .. :. · ·. :._AI:j!MJrn,YI"!Ktn-IRP.PLI1-40· · .:..-: ··'NS...l..SFARGOBASE-.e-45-P · 170..00. : ·: :0,00: .. .'.' Chook. 1214!2009 .. .. · EFT.' · . ; · Nloh•lnvo ..... ~ LLC ; . . Sonnlo M. Ce!anlt-lRA (6ti1"5;J.' "'WELLS FARGO S.O.SE · 8459 · :. . .... ·.... .l!PUTC. . .. . . . . . . . . 41DillMO: :· ....... :--4,000.00: Chocl<.. 12W200~ · EFT · .. NloheiiiVOorlmont. LLO. • ·client BonnleM;Cotanlo-IRA(8711-451) • . ·cAP Ca ..nla,S.IRALU ~~ ; .......... WELLS FAAGO !lAS~· U59. 400.00 . . ~,600 . 00,' Cho LlC. · · · · ·- · · Comrn.lu~c" AP Cr.m.dh,l-IRAANI521 . :.. :weus -FARGO BASE~ &4~9 ·: 336.73:·. ~-H ·· ·····_Check ... __-12/lr1201n :EFT ..• ·Nltholnvo.unent, LLC- C.mmo.ion APCimJih,L~IRAPLI140.. . ·_-WEI.lSfARQOBASE-~IMS9 ·: . ." ........... !3Ul-- . 0.00 .. _::~=-~-- ........ -:~~;i:-_. -~~-: ~:=~~=ttg:.-·- · ~~~~~~~-(67Bt..\23A)co_~~~:: ~~:r~~~E~~-~: ::_:::::::-.-:~1":~~~:0 ~~:-~~~. . _·:·1·ss.~ __ :· •:. . . 1,sso.oo. . . .. . --1,>1io.oo · . ....... :.-1,762,00 .Chec~: ·.: . .. ·.".12.1!712009 ·:EFT_.::·. Nich.e~ii"I"II'U'fmen~,lLC: .. Ctlrtlmmfon. ··.N'Mul~r.M-IRAW899·:· .. · ::·::\IVEUSF~GOBAS!::.aM-.59.·.. . ..... 1:fii!I,OO: .-1,~.00:.­ ·:Chtck ·: ...... 1211.7/2009 . :EFT.· .· Nl_chfl 'nvii~Jtmw!l LLO· Ccmmln!oo M'Mulle-r,M-IRA LNL74-C :. · · ··MUS FARGO BASE. M.59 . a . 1U.OO. ·1,300.00 ·:· · · ··· · · ·~··... · · Ch~ ·. -12fi712001 EFT · ·.· Niche trriri!Sbnent, lLO ->CtltftmbmM ·. AP MuBer,M-tRA.ING 201·... .. . . . . . .W'El.l..S FARGO ElA,SE"·-M'59 . . . : UII!II.DD: ·--1,\ ...00. ------ •···~~·•· .... ChecJ; ." i~;:•·.•·····-•;a ·••:=:::St~~--. ·.· ... 12.11712009 .·:·:·:eFT·.. ·:· "Nt-cheh·w~U.c: ··-~~~::. Comtt~!nlon. ----~~~;:~~~! IJlMu~er,M..JRAAGL002 :< ~m~:~tEF ·· ··!JVEU..SF"MGIOBASE·M~Iil ···:::::- 19!!:.00 · -490,0.0:: .·. :~~:~g .· -l"":OO : .• •:.·:.·.: ·:.·:. _Cileok :. 12J171200i ··_-_EFT ."." ·NtehO!nyootmont.LLC· C.mmls&lon APMulor,~RALBL77f ._._. __._.._._I'IELLSFAAGOBASE-·M5B .. 198.00. ·· ·-1RB.Oo · ~~< · j~ffi im • .•. •. ~~~!~iS~~~ C•mm~~'"- ·- __ i~~ifi~1?:·§ ~~~~~;;~~; ··•-• - - ;~:~ .·. ::840..00: . .... 0.00 :· :..UOJ)Q :: •.. "..(172.00 ·. -····: •.ch ..k•. -~ . :. :·~=·· .:ChW~ . . :. _: .· . :: 121231200$ ·:. ·::~e~ Nl ~~r!~~b~5 a ~:::::::~:: ... .•.. 0.00: .... -11500.00 . : ::: . . . -1.ZOO.OO .· .:Che~.: 12.1231.20klt ::.:.3838 .Nictu!-lrl~edment,U..c.·.: . :· Tl'1blii$Amount:25,0CO.OO· . .. . APLuhd,C9LA:!.3.!1 ......... VELi..SFAAGOBASE.·~~9 · 300.00. : ·!tOD.DO :. :·Check:·. . .12123.12000. : · :·: 3838 ·: :· ·: Nlc:h~.l~~~~~.ltmftnt. LLC. · >U~iille.,: Klrii...:~=-~~=ttg. ~::.·.;::·:;:::··:::: . :_:·: : .... _:_::-::::::~llJ~:~~:k~:(~·~:~~:e;;~-~~-· .. ··: . .~~df~~~~.&J5 i :: :.· ::=r~~~~E~~-~~.:::·: 300,CG . . . _._. _._. _._. ... 0.00 •: .... 3,300.00 ...... :: -:-~~:~:: :::- ···~··· .li ~ ~~~~.. :!~~ .. . .. . . ~~!i£ . ~~~-~~ . ~~ •. •2,Wl.OO ." ..... ,n1000 ·-·- ·- - - -·- - =ir.{:-:. . . . ;; . • . . . . . • -·--1~20.00 ·.. : -· .:· S'i ·:. ·.· "Nidla jnv~, LLC ..· .: :·:. . : g:=::.·. ..............·..·....... Comrrm.l9n. : ..... - :-:-: :-: . ::t::t~~=;g~=·~=··::· ......... ::.:;.:~~:::. ~j::~=~ro:::: · · AP JIJ:Yhit,SAXA 348 . . ............ VVEU.S.fl'ARGO BASEl..- 8459 ".:· . 300.00 . ... -~2,100.00 .......... ."·1,600.00 . ......... < ···~1.500.~ :: :·· :.Cheo): . ·..12130120DS ·.: .. :EFT:· ··.·NI-c::fleinve-stment,LLC·. . :"·Commbalan ·. :.:: A!JJII)Tie; &PU9110: .·· :· ·· ·· ·WELL.SfARGOBASE~IM59 :300.00 ·-1,200.00 .· ... :_._ : i:: .·:= ·::~ . ·:- . .::~~-=~~~:=tttg:- :-.: =::::· ......... :·>-zj:::::~~; : · . . ::-:::::-:::-·:::::·=~~gg:;:r::::~r:: .....· . . i::~.: 1 ·:g~: :· .eo.Oo-":: .. _.flllMO .. _. .•---··~-··-- - - !55 ~<>. ruEI~~~§~~~ < l~~;J.(s7a1 ~~~~c·~~~.. ~S~~:-~·· s{i~~~~~~!i - .•.• ~:-~ - . -300.00 .· ·.-: 0.00 . . 4~~01LOO ••.••..•. · ~:~:: - - -_ .................• ;!,800.00 . ··:·.ChKk .. · t213012009 ·.. ·.EFT · · Nlehelk\V!!Ilmenl,lLC .. :: . ·· Commlu.fan· ........ ·.: llPWiflkir.•FRSLAllt: ....... ·:·:·v.£Ll..SFMGOBASE."":"&448 · .. 4:50.00"::· ·.3,160.00 ···· · Chto::k · -1213-1112009 ... ::EFT: .... N[chiilr.Vutmenl, llC .·· .... ·. . CCHl'lmlu1on: · .. :. APWd:IM,R lfG OOll .................WEIJ.S FARGO ~E:~ 8<459 ·-4"$0.QO : ...z,700:.DO . ··eFT·:. :.·.Nfdlolnv•otmon~Ltc.· . ·_- Cotn"'o.l"": · APW.Udno,RM".>-1<1 · ·· ·· ·· ·'llai.SFIIRGOBASE--IM59 . -4~.oo•. :~~-: .. ··chock lmol.lOOS -~= :J~=: :·_:-:. -~~-·.:. . .-:~:::~:==:~:· ·: g:~::z::.. ..... :·~=:~:~:~G~~/.. : _· .:.-:-: .:·.:j.-: .:~~:gg::~i::~:-·: ·:::~:~r; :. -'l~:oo•.• -. ··:~:~- . C:.IJM:Ji;: ··J"2f.l(lf201)9 .. ·. f!:FT· .... 1\![ci-JIIIJlve~U..C·· : Ctlnim!Mlon:. ."· ···-:: .APWaHdM,RAXI\729 ..... ::.·:.·::.·.l/tJEU.SFMGOBASE ..:.e.459 :: . so.oo·· .. : .. :~.oeo . ::· i~•--- -•-•·•·····-ls~J§•••· mE~!~ai~•--•• ··~:~~~&~On{67..~~63)C;~~~--.. ~~1#:,~~~ :• • ·~:=:~::::: .. -454:l.QD ·.· "•2.~.00 .... . · .. -2.~.00 ··~··:·:. . Check.: ··. ···.. 12/30J2(lll-IJ.. · .. EFT ... -·Nrchelnvest:merrt.LLC.· ·: Corum!a.~cn: ___.:_P.PC!t!olci!I,SU::G7-'IO ···::~: . :.IIJI!l..lSFMGOBJI!i.S·~845.Jl: :.2:;11.011" . .. . ·-2,250.00 . . 2:;11.~0- -·- ·- .• • •. •~1i~~I . ...... :.-2:;11.~0-" ;•I:·• ·• ~• · a.;,.~··=··•·••······ · ·· ·····•••IJ.:~. ····•·1'1,1' . ·· ·· .-.:251J.oo:.:· 250.011 .. 250.co·-.: .. _,1,000.00 . 25ti.OO-": ·. ·75-D.OO .......... 250.~.:. ·.. · ..000<00 .. 250.00 . _._. · · · _._. _._. -zso.oo ······•1••· ...... ······11••·•·1••··••··111• • • • • • • • .. ·2~.()()"." · · · · · ·· .. ·.o.o-o .. ·.3 DODD[} ·. ~= . ·-···l~:lg·.·-· ··-~-··· ····---~::~~:=ttg. ·-·•· ·-•· .·-·: g:~~=--··. ·-~~=~~j~:: ·-·. ·~~~;~;~:~~:-·· •.•.. 1,000.00." ... 1.000.00 . · 1,0011,oo_•_· · .. -2:ooo:oo .· -1,000.00 · · • • • •·o.oo ...... ··.··:,'' 353  354 1o::tqAM RETIREMENT VALUE, LI.C: ~- KPKF Bo~ks 02!23JU: . _•Payments ·. ·. tc) l,lcensee Defendants ·. ·. . . . . . . . . . . . . . . . . .. Aeental il..sl:l M•rclll009 throu.gh Ma_'!'h 20to. :TwO.. D-ote NW'II Noma. Momo At : oOblt :. C..Ok Boloil~ .. ... ·: . : . .... ·:.Col'ni1'Jinlan :·: : ·.: : · :· · ·· ~---~-: .... :<::i=:::~~~~~J.- ·. P.PEv11Ui•,.SMJ;4Q =;~~~=~=:- 'v"'IRLSFARGOBASE-M" -200.00: "20<1.00 .21)0.00 --400.0~ ·. -200.00 .. : OM._: . Chock . . · 111412010 :: EFT · · _NfOf1.Jo~K~RA(878HJ78)Convnllol01i . WEU.SFAAGOBASE-8459." ...... "-SPUT-":: .......... · .·· .. : 1.470,00" ·1,470.00 Ohok. :· .111-11~10 ·.. ·EFT_.. ·· Nle>-·- _-_·_·_:_-_-_WEl.LsFARGOBASE~M59. ·141'.00 · :_'! ,1,0211,00 .· ctld- ·. -i/11(f2;D10. EFT Nlc!'leln~~t,-llc·.· -··com.mlu!DI'J.. . /JP&Mon,J.IRAMMID2fi·: ·.. 1/B.LSFARGOBA.SE~&-4159.:· :147.~. ...W..;Qt:i .· Ct1etk 1/14!2010 :. EFf . Nlc::ha lnvelltr'Jvlnt;_lLn·.. ·:· CommiNIIOh · · APBce3oh,J..lRAPU 9-e:O· · : lh'ELLS FARGO BASE·· 8<4-5!11 ·. ··:147.00 : -735.00 .· Chttdr;: 111-412.010 .-- ·EFT ::- :· NIOOe lnYQtment,lL.O .· . .. :_ -..·: ComrnCn:hm- :. PP e.Heoo,J..,!RALFG 5&C' -·-· .. _-_· :.:·. 'VYEL.lsFAAGO BASE; s.45g.. . .. 1~1.00 '-58.!.00 .. Cheek-: V1'-'2010 _:- EFT .: M-ehalmr:.strnent,LLC:_··:·· ··eomm'!H!Dn. . /JP~,J...IRAL.fG7.ai.: : ...... : WSI.J.SFAAGOBASE~8451i' .. 141.00 :· ··: -141.00 :: .. -011od< . . . . . . . . . . 111412010:. EFT.: ···Niol1olnv•otmorn.LLC:. ::.:.:ComtnUI0!1.. ··APB ......,J.IFIAAM$~7 · ·.·· ... : WELLSFARGQBJ\SE'M~t· .. 147.00. . ........ : -294.00 ·.. Nl<:!lolnv-~LLC.·. . -147.00 :" · 011 ..k.:. ·-:. g;::· .. _111412010 ·. -i:~::~~ :- B'T . ~: .-::~:=-~~=.t~::-- ··C<>tnmlulon : - : · :·.: ·. : .·_:-: :_ .: .::_:.:::~~=K·FSO~W.J..e..(671~~)Comrntsafm: __ : : ··API!eaao,J.IRAAGLQ!ill· ·· ·· ·· ·· WELLSFMGOBASE,8451 : ~~.Jci~~E5~~~9·:: -:-~-~:~·~:-~rf--~~~~~E:~.~!iil:·· H7.011. :·:1 ~!·00 .: 200.00 200.00 : . ·· ·· :1.-oo.oo· . ·. . ' O.DO -~1,600.00 ,1,400.0Q ·1.200.00 . 200.0<1 ·:1,000.00 _: 200.00 :_- ... 200.00•; . 200.00 . ·······------·-Jl·· -·-.oo _: :-'IOO.oo·. 200.00 ·. . . . . 2QO.OO --~:~~ .-_.· ..... 150.00" ...... ·150.00 . 150.00 _: C-Jl-0 750,00' : ·76olon .• · ·· ·· ·: APO"'""'".D-!RAUJ 819: .... · ·· ·· v-.alSFMGOBASE-13-459 131l,7l.: . .-1 ;«8.3Q.. . 130.71 : -~.109.$ .... C/n:!lill:. 112112010 .· ::·EFT.. :: · N'che.lnvPVnent,LLc.·.. .. .. :Ccrrtro~·- AP'Dawaoo,O-IAA·L..fGooa· · Vvai..SF.ARGOBASE-8-459 .. .. .. .. .. :ua.11 Cl1~ ii21!.20Hl · -.. EFT !lichelnvntmwrt.,·LLC--- ·: .- .-:CommN!oo ·: -_ -_ :_AP'Daili:an,O-IRALFG006~ ... - 'INS.l..SPAAG-QBASE-:8-4==9:_· .-910.91. . co..,.· i/2112010 _..::EFT·· ·.--·MI'ilelnv..tmO;rt.LlC:: .... ·c.mmi>Oion: :. :. :.·: Al'Dowoon,D-IRAAM821S' ·.·.·.: \MOLLSFARGOBASECII4&9·· 1!.8.71 ·.m;ue· ·· Cheo-k: -· . ·: .1ril'112010 . EFT:· : NJch.elnvfllrnMII,LLC .'. .. . . . :coi'railbalot'l :· .._AP-DowloniD-IRALFG782 ... _... \NELLSFAAGOBASE~.BJ;-59 ..... . 138,71 . : ~33.55:. -."cllotli-·· 112112010 EFT.·· :·NI' 11'9.81 ,· 17~.87 ": : :-na.at : . . . . . . . . . . O,(lO .. · .. Che-ck·.·. 1!2112C1Q · . :. EFT . '·:· Nrdlilltwutrnent,Ll.C ·. · · · · ·cammbs1on -·- ·._HJ MWon,K-RDth IRA.AN!52i- · 'NB.l.S FARGO BASE~ M5i -em~- · 112112010 · -.EFT: N!d'le-lnvalment,LLC:. ·wc:.a..-,SOC1:l&~Jut'Jtui.(6781-:-6U)CetnriliQloil .......... "VoiEU.SFARGOBASE•~9.:. :.APWir!lc.er,S&CPU1~-_-._ .. ··:::420.00 :-420.00.--,:.--. ·: ch-M.k·. "1!211'ZC1G_:: ::-EFT .. :: N~ch!!'lnve:dment,LLC::· .... .. ..·.:.C-!Iml'!'l~fon .. ·:":-- · . : .. :·.: : AP!Me-ter,S&DPU1-4-0.. ·. WELLSF:~9-~E~~Ci~_ -420.00 --o.ca .... <.200.00 . -4;!1>0.00:. : Checj: · 1/21120Hl -· . EFT ·.· · · Nfdn' ln¥1!1~ LLC. · _. · . C111rr F1mily Trua-1 (6761-657) CoMmrUf.OO ...:. ~FARGO PASE- M~g, - .· -3?UT- :~~ ._: :_: ,: .: : · .- Chack· ·-Ch-eck: 112112010 .. _-_-EFT -:·Nthe-lfurestment,LLC·.' . . . . _ .. · .. ::-_.·:· ·:· ....._::. Clltl:ll'linlori ..... .. .. .. . 1/21f201Q- ·... : EFT .. : Nlch-11 :lnll'eldmerlt,lLC ·.. . .. · · '·.·.· :::·. Commlulon · . . . :.·:·APc•rrf'l~i41.tJUJ.IIII$J9 ..' .._. _.· _::WELLSFARGOSJI.S-E:·e45&·_- . _IV' C;~~;rr F•ffiTru~SLA~ ·: · ·:-- ·:- 'WEU.S FARGO SASE~·S459 · _. ··: -420.00 420.00 :·:~:::~:-· .r.20:00 -2,940.00'.' ·:·Chm· . 1121f2010 :: .: EFT' __ -_- NIMetnveWn~nt,LLC::. ... .: ·· ·Commlul-on -·P.PCI'IrrF~mByt~t'..FGOOS:. :.·:. WEUSFARGOBASE-&459-- Ch!tet · ·: Chi!W,i;. · 1rl112010 - EFT ·.-Niche lm~ent, LLC - _. . 112~!.Z01d ... : EFt ... ·:_Nichelnveatmefd:,LLC' C-wnmiuloo ·· 'Conirtlfnl:en ... Ill' ClrrF•mltrTn.lltMMI 025::. :"CfiiTFI!ImltyT.-u.tPU:!!I:O-- · .. ::WEllS FAAGO BASE~·S459 · · · -·- WEllSFAAGOBASE-:-8.45e-.- 420.00" "20.00 . : j~m:gg: . . :- .tiL :i ~~M} . ·\ : <~.u.~~-~u.u.o~,L .. : -1,680.1>0::. ··~· ~~lt i~~l~\ 420.00 .. 420.00. · ·1.ZSO.M·· . 420,00 . :.:-840.00: .. 420.00- : ... :-.,.2(l,l;l:a.' ... 420.00 .. :.... o.co·. ": "1,000.00 : : -l.ooo.o• • 2oo.oo --300,00 .· :. :=.oa:. .Chee'k.'.. : f/28J20"!0 ::::EFT"· ··.·_-NI<:helnvestmeni,LLC .._·. ..·: . ·cammlsalm· __ . ·· :APDI.Jizynsld,O.TRAD!AAPU,SO:·: WE.U.'SFARGDBASE-.8459 200.00 2QD,Dii- "-400.00 .. · 011e~-: g::~:=::-~ ·: ::·: :·: ·:::: . . -_-_ -_-_ · .8«1hrnan, Orville ~an (Ei7i!J1-.-ti75)Commltalon · ::·:=:~,g:=::!!u 1~~ :· _;:=t~~=~g~~~-:!=~- . · WEU.S Fft.RGO SASE-~-59 -: . .- 0 3 ::.SPLIT-.·· . . . .. . . ... 200.00" 200.00 :. 2.250.00·: .. : .: ·-o.oo . -2~·50.00 . · Oh&ef!; _-- . 1128120-10 .:_EFT'· ·. ·. 'Nlche'lnvutmnnt, LLO_ '· . Ct~mmMioo · · · · · · · ·,Ml Butl'lmtll', 0 SlA-338· . -·-wet..LS. ~ARGO BASE- 8459 32f.42 . : ·1.928.58 ·: ChKk · 1r.!IV2011J · · EFT· ._:Niche lnvei-Btl1Hnt:, LLC Comm.i$&1011 ·;.p~milll, OANr oe5 :. . ... :.: .:: WCll.S FARGO BASE>:-.84~9. 321.-43 .. . ~1 ,6Cl7 .1-S' ChM:k 112e-1201o-. . .:·.EFT' ..... Nlche lnw9tm.an1, lLC . . . ·_Cc-mmluiCfl.: ·: ·~

ohmoo,_OLfQ!G~_: :_. :::Y~lJ._S_FAR_()O__ BASE_".Il4lj9·_.·_-· 321.43. -~21..43 _••. _ Popa1~-  355 -. Nhite.ln.ve~~ UC · · Nld'!4i ~nvti~t, lLC NIOOe !n-vot.1i'mn!, ll.C .. Nid'}e ~llitt:ttrrrilnt. LI,.C Nleha ~n'llll*ffrtf;!nt, LLC Nidt., ~nv~111errt, Ll.C Nlche.tnyestfr'len.t, UC . Nlcllfi·tnv~-'tmetll:, UC Nlchll!!. tnve-f~trne-~1~ lLC Nlclll!llnv-t~!ftttioo~t, LLC N'ld"'e lnVHtf'noei!t, LLC- Nk;M lnY-II~n11 LLO Nld)a ln'ilatrnent, LLC Nll'tmmrt, LtC. · ··EFT·-· ·:Niche l~vo&~rtmltflt, LlC. · · ::EFT·: :.Nich•l> :.·:. _-.:-·: :-··: . :··.·: · · . ·APWalk.M,B-TR.6DIRAPU1~ _:- ··.:_~F.ARGOBAS.E·~- 200.00. . . . • .• 0.00· .. -880,0\) .. ·:. '."Che~~ · '2.11812010 · EFT.: . _NicO~InVMtrnent,lLC ·· ·· .Zt~IWI-ald,Dooh• Markt-Tflll;ft"QOII! IRA (S18l-~70)_Com~orl- .'WELLS-FARGO BASEr 8459 ::- . . .. ::_ :.SPUF··. . ·.: .·.· .·.· .._. .".· ··.:. ·.· ... ··choKk -·-211812010 EFT - Nlo:;tudnvi:Wttet1t,lLC·::. : _:: .. APZtlln&~,D--TRftDIRAL.FG1U·. _·_- ·.\W.U.SFARGOBAS!i-049 Comml;sb,. .:·: .: .. :: :- .._- :-·-.: .-:: .............. ·.:.'." ··: .J30.DO ..J30,CO· · _:Cho~~ek . 211812010. ····EFT . ."NJc:h&lnVi:dmont,lLC·: :: _Comm~n."." ._. . ::-::< : ·. .:.·:.·:.·:.·: ... :. ·:·.-:: . .APZ-.Ilrt."kl,D--TRADIAAPU1~.: .".".:_VvRi..SFARGOBASE~84St··.· 330.00 • 0.00 · Che~ . : 21"!8120Hl· EFT ... · "."Nich& J:nilritmf.l,t, tLC ..... . ............... : .Wui:hter, Smd1"1- K.. T(ldJ:I:iON~ IRA l6781~7~) Cammihlon · ·Willi..S .FARGO BASI:: ~~9··· · -sf'LIT~ ··:..:-~-- · ·· -7$0.00 .. Chocl< : .. :V18/2Q10 c !Fl · · · Nldootnv..IIM11~ U.C :·· · ..Commloo!ro . . ... : .·.AJ>WI.O~~: · : : :~ . :. ~~::~g: . <~ . .· Chilek · :· Chei:k .. .2111!1J2010 · .. :. 111812010 EFT...... EFT . .·: ..·: N[t:hll' h'lveBtrrtorilllC. · <_ ...::..~;::~::=ttt~.:::_::::- N!ehll"l~velltrMnl, LLC .· · C.-",D:51J.QO. ·· ·· ._. .,eo.¢0 ·..- · ~.soo.oo _. .. 45000. . . . -3100 00 45o:OO · · · -2:1oo:oo · · 4150.0•L · · -2,250.00 : •oo.oo·. .. ·:-1,MD.OO :: · · · ~· · • · • • ·.•~! ···;·····~~~\·. ·. '!i ~.,.:. ••.;.••·· · · · · · · · · · · ·. ·~~~:- ·. • i~J~~i:• 4150.00 • . . .•.. •1,300.00 .: 4150.00 • · · · · · · · · · · -~.00 450.00 .... · ..... -"50.0(!. 450.UO ··;-:: .. 0.00 .: .~.[]jl • •• • . . • -450.00 .. 15~~:: : · • ·1,500.00 . . .,1,500.0\) •. .• 1,soo.co·· · · · .· ·g~:!·~· ·· ·~~·····~······~~; ~[f"~:~,~~··. :~ft······~ii:~ 1,500.00 ;;,~:~ •.. •. ...•. ·15o.O11 EElL · E s:::::EtttF> <; : , . x·~5E • ·•· · · · . · · • · •· • . • .• < ... ~~~~~:J*~~ a~tmEgE[~J .. 150.00 • ·150.00 .• 150.00·. ·.-eoo.oo . -45a,Otl · ~oo.ac. · · · ·•·•·~ ~. . ~~lL •. ~··· •· . ~§!~Elm~··· · •· :· ~~~g~~~~78 '~~)~""j"". •. 150.oo·• ··-1511,00. ·.·.······•*€!~~~~~~~~ 5:::~:::::: :150.00 :. o.oo . 1~00.00 . . :-1..... .00 ChOOi11-ROTH IRAU'C 248 :•· •WEU.S FAAGO BASe"·e..n· . 200.QO. •200.00 .. . •·1,200.00 '1,000.00 Check: 212512010:: ·.. EFT NjcM!mi"l!l"lltmen1,LlO": ·. : .....:· ... :·. :.ooo:;mi:I:$Jtm .. :: · .· APNg,Cierm:nt--ROTHIRAMA"'-4-·:: .~LSFARGOBASE~e-459 . ·· . 200.oQ· .• -1100.00 .· . -1100,00 •. •·Choek .· . :ChMk; .· ·2125a01 Q •. •. :EFL' 212!rZ010 :: · · E:F1' ·· NI<>M l11veotmonULC •: Nldn• 'ma.t!Mnt, LLC: ...· . ... Commbslon · · · · · · · ·· : ·Co~ll$!0n·. .· · AP Ng,Ciori>Oi1t-ROTH IRAAXA ll!W •· • .'Mill-S FARGO BASE; &459 ... · ... :.lAP N~,Clerntnt:-ROTH IRA LFG 1S3. v.e..LS FARGO BASE~.a.159· :~:·:~· ....o400>00 : : m-:.:~:::-- · ·• ~~r;·· i~~i~ ··.Chadt. 212SQ010·· EFT·.· NlcheiiMI:rimCflt,LLC.:: ............ ·... ·.. :... ·.·... :.· . :.coffimMich ...... ·.·· · . . ·. ·: ·. ·: :. · · ·:.MJNg,Cie~n~~111-ROTHIRAPLI140 .. v.e.l.8PMGOBA5E.·8459·:·.· ·:zoo.oo -200.00 • :2oocOO : o,ac. .: ··~· ~~ ~ ~~; 450.00· · · · · · · · · · · -450.o~· ·· · • -300.00 ...•.. ·150,~0 ... . · ~.co •. -1,1150.00 .. '1,700.25 .• Cbr!tl:d: .· '212512010:· .. !::FT ~~"'.I"~"'Kfm~tLLC ·· ···· ·.· .... ·.·.·.'.·'.· D:lrmrniulon·· . MJ.GIIbM.,AMLBl91B .. ·· .INELLSFAR~OBASE"~B-459. -1,462,£0 . Cllft'* 212512011l·-" · · EFf ·NI:d'le lfiVfltmml:, LLO ·.. ·._. :·.-·:. ·: . ·: CorilmfHJon ·. . . .. AP GRberf.AM AXA 33~.. '.WEll.~ FARGO BASE~ IU69 ... ·. :~1,218.75· .· Che~ 2.12Yl01D EFT . . . . Nlcfleln~L,LC .· ·· ·:· . .: :·:··::: .;:.c;:of!1~EaEIDn_-_- ·:.~~~~~~F~.1.1_7: -~~-~~~~-~~ ... ~~-·· -975.00 .· Pogo i1~ ·· .:·/" 357 358  359 ;AP r.ieinolh,M-ROTH IRA A'~!; 1!0 '. .·AP N•mt!h,M-ROTH IRAI>U \4ll : ::A? Nomoilh,M-ROTH IAAJHL na . · lo'oii"""",O..TAAOIRALBL9\8.• AP Dell.mv•~TRAD IRA L8l:381: : AP o.IJ;rovo,D-TRAD IRAAXA 335· :: AP Do!l~IIO,IHRAO IRA \.FG 11 r: -::lAP DehroVI.D-TRAO~RA LPG 311i ·. HJDetlarow,O.TRA.D~MM!\DS1 :: APo.ii.,..;.;,,D-TRADJAAAVL 11W ·:. ::.A?o.a.m,.;D-TAADIRA. PU 140 :· · :·.A?O.UIIl'Ow,D-TRAD !RAJHL 833· ':WEl..L.SF~OOBASE-8459: -:: -:: : AI>W.fko(~B-TRAD IRA \.FG 3\j':; . APw.ll:or~B-TR/oD IRA AXAM1 : AP Waikoi ~B-TRAD IRA. AV!.. 100: · APW~Ihl!O.A-TRAD IRA LFG 311 AP 'Mlkt!No.A-TRAD:IRA.AXI\ 08( lAP Wlbhlnt~lRAD iRA Avt100·. AP Wlkshiro.A-TRAD IRA PU .140 · WEU.S FARGO BM5 CiJ458 ... AP Pri: .. ·J/2~10> ::EFT ·. APWWori ML-rnAD IRA LBL 361 .. . . 312!i12EFT. APDoilo,MC-TRADIRAPIJ.\.«1·: : l/2!if201 D : EFT . :· AP """"',MC-TRAD IRA.JHL 83a::: : 31215fl010 . · EFT: .. ':·.\\BLS F,IIRGO eASE'• 8459 ·:.... : l/25fl01D :: EFT. · · AP IOollng,J&rnAO IRA LFG 7S5 · · · ~~;g. ~ :: .:AP Kloli!g,JB-rnAO IR,,AXAJS6 .. AP Kl~ng,JB-TRAD IRA LFG 311 . 31.!S/2010.. ·: EFT AP Khdhg,JB-TRAD IRA AXA 00\ ·:: 3/2S/2010 :·EFT · .. AP Klsllng,JB-TAAD IRAJHl·laa· ·. li:l5t.l010..,. :: EFT. ·AP Klsllno,JB-TAAD IRAPLI HO : . . . 3/25fl010 · ·. EFT :weu.s FARGO llASECll459'.' .. . : ~:aml1D. . :· < EFT ·A,p TUth'itf,GT-ROTH JRA~ 335 . 3/2-$f201D ·. EFT AP. TLirriM,GT-ROTH IRA LFG 3oi1···. · :)t.l6J2010 · .:. EFT: APTumer,GTTROTH ~FIAAVI..18Q· ." · =o;o :. EFT. :: AP Tumer ,GT-ROTH l:RAPU 141l·. ~- ..- 312:5120'0 -::·EFT.. . NJTun"~er,GT-ROTH ~AAJHL.I!l3.3-·· WEU.S FARGO BASE·· lloiS!L. . . ·:::g.:.;~ AP SdlneiiM-f,JR-TRAOiRA.AXA 335, . lr.!51:101 o:.. . EFT .. .. MJ Sdlrwtidt!r,JR-TRADfAA lF(!t 3U_.: Jm/2010• ·&FT· ·. .. Ml Schneldtr,JR-~RA.AXA 091:: Jl25i2o I o· . . EFt AP Sd!ooldor,JIHRADIRAJH~ :IU". J/215fl010 'EFT. APS· :. ::Set-JiuTexsn&tme?fannlr~gServlce-eU.C: :: StrilbrTaxRli e.te ~arinl~g Servle:eoa:u.c ·· ··c~ool< Chkl< .::=::+=~ =~:~~~:=·:ttg., Sefticri-H:B11 ~ ~llnl1imJ Servi"Cie_v'Ll.C·... ··Che-ck ~~loti4l-ml Elt!.te Plan~lnp~r:vi~ L.Lc:··: Chell'lc.:=. .._. Seti~Tekl:ln.EI'tirlftPI_..nnmgS8rvlce:sU.c:. ct-<: ·: ~-Te1an Etblte P1J~Iil StMoes.u.c=. :· .. . Chee~: Senkn'-Tm:!lfl ~ Pl"-:nl'l!ng So1":vlooa LLC·.· .. :· ChooL Seni!H 'rn:an ~ P'l:IIMing Sa~11, UC· · -··Chec~- ......::BBOlW:rcr..·.n Eatate- Plarining s.:ifvioe1r u.c : cooOt. · :·=··-SeniOJTDI'!I'l !:atBte-Piilnnirigserv!cel.l-LC ~ .Cheol< ::. G«t!Of.Tex.f.n Eatate Plan~!ng Sar.t1t:Q LLO ·Chid;:" : .s8nb0r T111XIIi &taM Plarct;frtf Sftrvlee:a LLC ··~= ·. Sentot-Ta:.:.an e.-tate P\:!fnnrnG" Sel"''lcu uc ·::.·Sen-[or.Ta>::&~rl Ellfnl F'tili'lrilnQ serv~ces·u.c· :: S~!!!Jlor.Texan ~::ote·~aflnlng Se:rvli::i.:i LLC :_:·: .. Ch> •MOm.; . Acctiqnt ·:.Spill Doi>IL · ·:chtdit _: .... B.~~.-:· ------. · · - - - - ' . _:ctcMl<. 112812U1~: ·.:·.sFT.. Sen1orTox!!.nEitmP11ru:t(nas'.i!.~~-·-LLC:. .. cch-.mtnl"'·; /4PW~,L·8e:n~·iRA_PU1-4o :-:-::_.·.:Wi:i..i.S:FMGO.BASE.-849~ .. Joo.oo, c.OO ·.. : .. :Ch~ 1/28fli.1-1D...... EFT . . Senjor Texan estill!- Planol-ng S.OrvjOQII U.C . R-envt. St(ltt_TI'IIcl !RA (67Sl-562) Oommlul!lJIS· . . WELLS fARGO BASE- e.45g .. ·.. ·.... : · ".':.S:pur..,_.- ..'.·: .' -\- ·.: ·.: -.. : : : 1,000.00 ........ ·:..1,000.()-1)-:' ·:chKk: 112812-1110 ..... ·:EFT__ SenjorTex~~Estate-PianlitngSe~~llC Co-mrnluloo.. ·:·. :. :. :: ::· :·· ·· ·· ·· ··.·.· ·· ·· _ APRen.e-rt:,s-TRAOIRAL.FGOOB·.:. :·.·:.'INEUSFMGOBASE.~M59: !00.00. . -1100.00 -· Check: .1128r.!G10'...... EFT. SenlotTann·~PIIIU"'tl~ngSarvf..et~-U.C.·· CQmmlltJl~:~n.. .' .. ·: .. .. : . . : .: : ·: APRfiMrt,S-TAADIRA.W899·- :._:-: ::WELLSFARQOeASE:..Heur· .• ,00.00 .·-M>MO·; .·.Chec:k. 1~&12G1~_- .. :·£FT.·-· ·: Sen1ar1'f1Xtm ~-P'anlirllg-SeMo!t lLC -. . ... Commlsllan:: .:: _.: · · · ··. · ·. · ·.. . APR:II!hert.S..TRADIRAMMJ 02!5 -:·.· ·.·.·. :·.INEU.s FARGO B.ASE:;;.·M5S: .• 100,00. -700.00 •: ~:; t~:m >5 Ei:~:::~e:~::~:EEttL > ~~SE · - - • -· -• - • • • • .•. • -t:~::~E~~~~~: =~~gg~i:E"d- HlO.OO· . . . tDO.OO-. . .. 100.00 -800.00 . -600.00 . -.400.(10 .· .:= _ :· . . . . · · ·CM-ck .·. . _112U.i!G1o_-_ ·:: ::eFT .... ·. Slinlor TexM_E:i:sblle PiarmTng: S.,~CM LLC ·. ·:· .. : ·: Commbllon·: ·. ·. · · · · · · .. . ...... ·.:.-: -: AP Rana~$-TRAO IAAAXA·-Q-9~ ·.·· .·.· ...v.BJ...S ~ARGO ~E.·845S · .. ·-100.00 -300.00 ·.. 1/2:812010 . .' :.: :·i:fl' .... -.SanlorTex.-J_E~tQ!p;annjn;~rv1cesll.C Comtnlu~oo ·:.APR.&I1!!!~S..1WWIRALFG782···· ·---·:ViEI...l.SFAAGOBASE-~845S· ........ :. 100.00 .. : ::<:-=~~=::·:-·. -Chedr; · ··· ··· ·. ...... : ·: -: -2ilc.OO-. ·Cheek:· ::·:~=~~--:··· ·. l/4J20HJ .· . :F: . ·EFT:.· ~:=~=~~==~~~~=:ttg.:: seniD-rTeun.E*te:.PWmln~&~~uc _:: ·: ·:· ·: . .. ....... -;-:. ;: Acquat:'tflore:ncla(t't-81-625)Cammtnl00. : ::_: .. .. .. ~~:~::=::~G~~~--- :\:.=-~~g~=~~:!: : :. WEllSFARGOBASE~-S-459.. . :. _-SPLrr.. -,. .._ .. _.. .. 100.00 fDQ,OO ............. '•100.00 .._ ·19,70\.!04 0.00 •· -i8,701.Sol :.: :-: - >g:~~=::·-:_.·:_ ··... c ... :-:::~:=:: _ ........ -~::ig·::: :···:~--:. =~i=~-==~:~:=~::ttg ......._-_._:-:· ..-·:·:_:.. : 8 --~=:!:~~0 ~!)-.. · .... ·.-·.:-:·-:·-=~~g~~:~==. 1,970.23 .. · 1,970.19 .. . . ·· ·· ·· . .. -177l1 71 ·· 'ts:?s1:~ .. • . ......... -13.791.33 .. . ~--· . ·2l-4.120t0·:. ·.EFT- Se-nlorT~mn~Pfllnnlrig-Sei'Yied:!li-LC :· :· :::: Cllmri11ss~on.. .:· ·· ··.··.·· ·· ·· _ · AP~.FLFG24!1.. WE.L.L.SFAR.G-OBASE'-&459-:· 1,970.19 .. . . . ~--- ..... ~1!1-Qk·: .... _.~=:~---:_·::_:_~~r: 2l412010 EFT.: ~~~=~=:=;~~::~:;.ttg> ... sen-lorT~~EN~aPlannlng~LLC . .'. .'.'.'.'CPcOOen,G--TRADfRA.GFG089·.·:-···\I\IEl..J..SFARGOBASE~-u59: . _101.3.0 -<05.20 Chfe1.; 2/11!2Cl,O' ·.:'EFT_:·_: SlitlltiTtx.,.Ettatt.PID~~g&!"i~.L..Lq:-;.-· . . . ·:COI'TI'n'lnlon·· .. fAPCOOe.n~c-TRA.O~RJ\AXA!l$1· . WEI..lSFARGOBASE-8<459 · -101.30 -30UO Checl< 2/11120\Q·.-_ '.EFT·:·_- S ~~~~?~~::: :: AP Pi!!terGri,J&J LU 899 ··. · · · · · ·.: i'wE1.S FAAGO BASe,~ a.tS!t·- :: AFP~n,J&JLFG OG1. :-.' · ::: Mll..SF.ARGOBASE-84fi'9:_ ~00.00 -· ~00.00 -zoo:oo ·-200.00 . 2,COO.Il0_. -1,900.00. .......... -1,900.00' ·:--40o.oa: . ·.. o.oo: . : .-2.0gQ,00: Check:. 2.1'25.'2010 -:· ': ~FT Senl~ie11a:n Em1e Pl1nnlnJi1~MonU.c-: ... ·:. ·: . .·.c:emmiAion ::· :NJPete~n,J&JLBl..-361 .: ~FARGOBASE--Sot59·- .2-LID.OO • -1,400.00• . Cheok · 2Q"-'2fll0 ·.. . EFT: : ~IOfTexm &late Pl-!ilnlng s..Mr-.....·u.c::.- ::_- :·. :-:·:· ·.comm!Mion .-_- AP Peteraon,J&J LFG 117·- -· · · · · · , .:. i'tiEl.S FAAGO BASE1'&459 :.· 200.00 . • -1,200.00· ... ·.·Che:~::k_.. 212M:Ol0 -:.EFT- ::_s,ni~Tiii'II""~PIMn~g$1!1rvJ~ll.C.':· . ··_-_ · ·.. ··Comm~.:ion: :. :::.APPetenK~n,J5JLFG246 _:· .· ... :·WEJ.l.SFAAGOBASE--8-459· 20-0.00 . .1,00MO- ::.SeriorT~E8'hrte-PI~MTngSeNl~UC -- ._: 2-CID.OO · ·-.aoo.oo . -.· ·.. :Chtok-·- .: 211!512010.·· .·EFT· ComnlNion .' _f',PPmnon,J&JAXA:S94 -'· -·V!tELLSFARGOBASE·84551 .. 200.00 . -.ooo.oo•- · ]g §ffil~ • ~.... §g~~e~§~~~~ESE~FY Y~~§§ >-. - ·-·• .•-• •. • •_-•_- - ·•· · · _• - g~~g~~~f . _~~E~EiEEiF 200.00·--- 200.00 --~0·­ .-~.oo:. -: . :·. ·-: 20(!JJO . .•. -o,oo·· . Glle-r:k:· :·. 212!5120-10 ... _EFT_-_ ·:· 5-enlorifiJ:In &b.1e Plamffnli'-Ser.rlCiss u.c.·.: . ·.· ·.:· .":: .·.SU•.an:J. B•llamO.Tr:tdJAA{61!1-752AJ Coti'lrriatlor.-"· :· _ ·.. · ·WEU.S FARGO BABC • a--.59 . . . :. -SPtJi~--.-:.:.· .. ·: ::....·. . ::""":· ..... ·.· 1~!UO · . -1,498,0!). : 2aP.50 . .. .. ::~:::: =~~ ----~-- ·::-.i::::r::.~== ~~~:::~=ttg::::. .:.· =::·.=: :_ g:~~-=: ':-: : _: _-: _::-: -: -: : ·. -:-:·-: · .: : :.·: : ·: _: ·: : . :z:::::=::ti~::~~~: ·-.:::=::~~:~~~~~::::·:· :ztg_sn .· · . ~1,19MO.. :.... -eee.oo:. _ • g~:: -· • . ::·~:oc::: :1~ ·- · !a - •· ~~~:~:= ea;~~:~~= ttg •.•.• -._ <~E~= - • · •. • - • - · - ·• · _.- · - : - >·-•. •_••-•-· .- _ - -. ··-~ ::::::m= ::~~ =~:g~ ~t::r .. :::::·=~: :_:.::~:~~-::· ::::-:::~~:i::~~=~~~:,::::::ttg:::-::: : .::-=~:~~-~~~~G!~~~ ~~~~~-~~~---.-:::-:·.: ,==~:~~J~--~~- : _ . :- : . ·: . . ~~-FM'~~-~-~:-~~9--:. 7 Z9MO· ._. .. :zes..so· •. _._. 299,80 ·1,Q-O:J.5-2· . • ~.120" -_.. · ~:itl:~(fg~~:_s:g:. .: :.-·: :. ·: :_·:. :_.~,~~~--~E-~.~ ~. AP Kolenda,"'lm-TRAC IRALFG 1B3 .. .-_ WEI.l.S FMGO BASE-·6-45'9 5 ·_1,003.52 •. . . 133,34: . :.coo.oo" o.ao ·. -<00.00 ·; .. · -266.66 ..... .. ·:.-:CheGii::·....... _._._-_-~4.12010 ·· ·EFT:.-. -:~loiTexill!l&tMfJPiiE~n-mgB«vf-;esll..C' ·.: .:_ Comm'MlDI'r.·: ... : ·:.···: :.···· ..... : ... -- ... ·-.: _: _: APK.olemla',"r1m-TRADIRAPU140. .' .... WEU..SFARGOBAS.E:Ha.t-5;._ -- ·n3.33 -133,33 •. . 0,00 .· Ch.ck.. . 314.'2010- ... ·.:iEFf:: --: .-· St1t1Ct.TI!IXIHI Eiir:Me Plennll'lg SeMC:t~$ LLC--:·-: :·· Ccmm.fsllllll . . . ·... -· ·: . .'. ·....... -.'_::: .: -:: :. : AP Koltn~,1'1m-TRA.C IRAAGL 130 ·. · INEl.1..S FARGO BASE- 8-<4-59- : .. a3.33. 'C11eclt.. · ··:31.ml10 · . ::EFT·:·: ··.s.!llllfTtKa:n~PiannlngSer¥loesU.C_:.:-_ . . · _ .:·eu~ec.~trildiRA,(8781-.752)Ccmrriftlont: WEUSFMGOBASE---~59 ..... -. ·'-SPUT~·.-.: . . . . . . .. 500.00 . -500,00 .. .. .. ·.. · .'.'__-_-.·_ :CI-1eck . · .... · .:· .:3/~f.;!OtO _: ·.:."."EFT." :· .:S.e-cdorTn:l!lnEstmd~M'Iftlrlrji~~Ll.C:·;-.. ·:::;· Com111lalori _·... .. . .. . ' . .: AP Bal:aj!i~,li-lltAtHRALFG24-8_· ·:.· ·vw..u..sf:'AAG-OBASE-8-469 :._ .. 100.00: -<00.00" .... "Cf1&c~k. 3141201Q . . .EFT.: ::-:_Sfill-ofT~KinEII:ItePIIOO-IngSertlc;.esL.lC-(:-: .. :_::-Cclmm!Hloo... : .AF-~mo,Em~A01~AXA.OS1::.:-.'WE.U..Sp.ARGOBJI.SE"·645S :· . .. ..--.100.00. .• -w:toa .· ·: .... . ctltcli. ·.: . .. . :Che-ck:·. . .'3/~1201G _:: ···:_EFT·. :. :.-.senlorT11XIn E1tate Pll!l,.:,lng SeM~ u.c· :·.' ... :. Com~lsllon.'.· ·3141201-Q- :· ·EFT·.· · · .: S~lllotTeranEatatil Pla~rig Se;:vlcet:LLC" .· ··:· ··:· C:lmrrisltloo ..· AP Bll:!lsmo,E~TRAD lRALFG 1B3·- ·.-·:MU..S FARGO BASE-~ S46:El .: ........... .'.'1-il'O.OO: AP Bal:i1tmci,E----TRAD !RAPU 14o·:· . Vva.l.S FAAGO BASe ~8-459 .· 1-ilD.OO · ........ :~:gg:. .. .'. CI.OC .· · ChodL · ·3141201C- .· -·EFT : . ·. SenlorTexllln E&-t!Ha Pl-a~rinlng Servlcoea LLC '~ . . · ·.·. CommiHion _ _ AP 9111~rnd.£----iRAO ~~Ml, 1~ . .:. ·WELL-S FARGO BASE -8459 · 100.1»: .. . Ch~:·: 'UHI2010 .. _EFT:.-: --~1.....-TU:II!'I~tePl .. l'lnlngSft!VIceaLl.C ...'.'·. .".· .. Mllo:ei!1;Ve-mllfl'.·.(B781~$1A)Cam~D!"'I-:: · WEl.l..srAAGObASE·-54!5~- :. ..SPLJT- ... ·.. · .. ·: :·_:,: ·: 3,1-'tl.OO ..J,740.00 · .. ...:Ch~ . ·i'J1"i.1201D -··:EFT:. -.. :.S.OIP-rTifl~l!lln~riJ~Piaril'llng~cH.U.C_t . ·.· ... ·.·.·_·CommiU:h:~·n: . ·.. - - - - Al'Mikwh!;V-TRADIAALFG'OB1: .·. 'WEU..SFAAIJOBAS-E.·S-459.: .. :3-~.oo: __ ·:Cheo:~·.: :3111/2010 EFT.: .: -.Sen~ofTe.XiriEJtii)&Pisnn~ngSeMon.LlC ...·:::: · ······CQmm!Hon.· M'-Mike:f:I,V·TRADIAAL..al361.· .... WEllSFAAGOSASE=""M5~.-- ·2,992.00 .· _.Chec~:: . 3/1il2010 :EFT. ::.:·sen!oc'fexliflEstat!-PiannJngServjcesllC:.::-.: :· . ::.Commmloo.:. ·:· APMik.ehi,V----TRAD~RALBI..i-18-': .':,..' ·_ WEllSF.ARG08ASE~·u5-B- . ·. . -2,611.00 •. ·Chillc'k . .:lf11J20~0 -·EFT- :· ·-s.n:fttr TQ:al'l Esbrt.a Pialin~"Se(\ljcet~ U.C .. _·_·. ..·.· .·. CCimmbslon-:. ·: /JJli-/J.ke-it;;V-TRAD lRAAA.A335 : :: \1\!EU.S FARGO BASE~_IWS9. · ~2~+uxf .. ;Oh•ol< · •. . -.~11t.:I010 ·; .: EFT. _; :·.s.illoiTe%on ~' !'l"""logS."'I"""I-LC. ·;; · ·;• _--C.mmt..!mi-- .. AP t.tl~ob.V-TRI\0 IRAU'G 117 ;· > WELLS FI'-RGO IWIE· """· -1,670.0(1 ·1.~.00. :Chec~ -· ....31~1f.!!OI_O ·~:FT·- ::_ .. ·:~~i~.~ex_~_&tsh!.PiamJn~~~~~q_.·.. ·:.·:.Cc;lro!'Fllssic!{r_:· · :: ~-~~~~~V-TRAD_tAAlFG248: -~~f~GO~Eu841S9· .. •-p-·.:iu·  365 ~~r. f~~ E~te Pia~n1iiJ &tvi~ U.c .. AP Mlko~,V-iRAO !RAMI\ 091 k'rto4' TeMn Eat&to PfiMlnil\g &irvt~ Ll.O . lAP Mlkels,V-TRAD tAAAVl. 1!0 .-~~.T~nE~pjinnhtg&rvlciJ!i:llC M' Mlkabo,Wit\AO IRAPU all·. S!l!llil~u T~lil.!"J E~ P!annhtg St!rvltei~~ LLC ·. /JJ:)Mf.ktie 1V·TI~IRAJHLS33:·: ·. ·. · Senlor·Ti!XHI\ ~ Pl ..nnlng Servf~ LlC WELLS FARGO BAS~' $-4~Q .' i .: . $-eniPr-"T•Iin l!ll!tatri Pl.,jnnlng ~MI* Ll.C P.PMikei•,M-1RADII'V\l..PGQ61 · .. ~iD:r.TBJ:a~ e';lit8te P111nniF'1g &ervt!!M Ll.C M' Mlk~o,M-lRAD IRAU!L341 .'.' &mjr;tr ffl(l!l!l Estate Planr.l~g Senri~ u.c APMik,M-TMOiRP.LBLSI&·: .. SttolafleJ,M-1RADIAAPLI1~0: ·. Ser11ot "t:a:-;.-n.:EJ:tM8 Pt:amililg s.vlceR Unc · ::Af> Mlk0ia,M-1RAD IAA JHL 633: ··. B«<~oc-.Texan Eilillli PI inning Servl~ lLC. · .'. WEU.S FARGO !lASE- B-iG& Senjor Tax.an ~~ fl•nning SI!!IMQft;f! ll.C .:.AP. SiJ.Dm 1D&FlA>!A 036.: :· · S;enlor Texl*n El1:irtf. P.l•nrtln_g SeM<:el U..C :AP s.lllo,D&R. LFG 735·. Senl(lt' Tu"an Em~ PI~I)!Jl:J:lfi Servi~ LlC ·AP Soillo,O&R LBL 361 .' Senior Tu:&n ~M Pl~n:g Sef\IIQM U.C · ·AP Solllo,D&R Ml\ JlS Sen! Dr TeXm. ~ Pl:inntn:a S.rtlcaa lLC ·. AP Solllo,D&R l.FQ 311 · ' :~.or:'!'~~.n:E~;~_PI;Jnnlng SOJY!cea u_c: .. ·:· · M' Bolilo,O&R AXJ\091.'' :. Senlort&le"lln E.t:rte Planning Se:rvlt:ui! L.Lc_:. ·=::· ·: ·M' Bol~o,D&R'JHL :1.!3: ..... .. .:: Sllit\lbr l~•n·~ Plminl~g St-r.1~ L1.C :: --:· .' APSollto,D&RAVL1&0 :· :· · <~lor "r•~an ~ "Ailnnlr.g ~Mon U.C=·: · .: APSollto,D&RPU.140 :. :: .: . ·... ·. Senl-w ln::an·Eem.te Pf11nnlng &INI-on u.c .': APSolllo,D&RJHl83F·: .: .·. ·: ·.·.:-Sen I«. T-eX.Mt E.ataie Aanr;Jng Servl~ IJ..C ··.WELLS FAAGOBAS!i-:.6459" · . ·.: SIH,Itt.f Toi!!XM Eal:att!. Plahnlng ~rv!CM lLC. . . . APVur~ei!f,J...TR,Ir,b IAAJVC.A Dae·· =:·:.::Senior To:oo E.Wst; Pl•nnlnQ:Se!Yioe:s U.C-: .. P.PVoneHI,J-l""RAO LFG 73:5 ·.:·.·sehlo.rTe.xat1·EatatePI•nningSeMG!fl.Ll.C.' AP Vonoii!,J..lAAD LBL3S1 . ·:s~niot·T~ Eetlite l=ll'"rml11g ~Nice& Ll.c:: N' Von~ff.J-1RAD AXA 335.'. . ·Sen!Qr.TIIIUU"i E:~Jtirte Plimfllng SeN!~ U.c·· AP Vonolff,J..TRAD LFG 311 . .:.S&nklr.Texi!ln E&tatO-PI.inning ~~i:eR. u.c: · .· · AP Vonoiii,J-1RAD AXA 1)111 . ::··Sel"lkii'.Telan E•brtl! P1~11lng $eirvj~ lLC~ . ·. AP Vonoiff,J-1RAD JHl38J · .· Sbnfor To:an S:11t.ne Planning SeM~ llC:· · APVonelff,-1-1RADA\il.18D . .:: Sl!olor rexan.CatJte Planning SeNl~ u.c .. : .:" .. AP Voneiff,J.lRAD PU 140 ... · Senlor·Texa:n Esla:tl" Plannrn" SeN1ce:!i u.c-: .: : · ... NJVoneUf,J-lRAD JHLSJJ: . Senior Tann Eabi_l:e:Piar.LnJn:g Stlrvlcft Ll.C . ·: ·1o'.a.LaFARG0 BASE -!115U S~nlot Tax.l!li·Eafat.!. P!~Jlnf~·srSe.~~ uc ..~'P Klbur:z,Mark-'rRAD I_R.I, LFG .311 s.tiiL'f TeXanl~· Pf:l!lil.iifl"!; S-ervl~ UC · .. AP l(ll>u,.,M"rk-TIWJ IRAAXA 091 ~!ill" ifl:t~n Eatzrte. A-il.~nlng Bervleu Ll.C · · ftP Klloturz,M!Jk..TRAD.IRA JHl383 .;·· senlcx Tex-em Emto Pfi1nnlno Servlt:a3 LlC : AP Kl~~Milrk-TAAO"IRAAVL USO Ser.IIN" TOxan Etta"ICI-~o.tlnlng: Sah'l~ u.o. ·: I'J' Kllx.uiz,Moii<-TRAlliRAJHl633. ·· ' Se.rd.or Ttn:im Ellhlte" ~.'rl.nlng Ser.i.ce U.C ... : s.t.Jor T~3n iata~· Phtl'll1!~g SaM*. LLC ..: ...: -S~Iot"Tulln~PI.Imn!r.gSer.ices.LLC:. :·: .=~.r::~ttt~.5a:-.~Q .:P,P L.o....,,Pouii-BLU1$'.': .· ::··.BMIOrTa:Dh~·PiimnJ.r;g&!Moet.LLC ·: :·AP Ld:~,Paul Lsl36r:. ·: ~•l'llotTtll:ft~·Ett8te" Pli!ltlnlng :Bervtcet LLC :. :·AP latBOti,P.!i~l AAA::l35:· . · Ser'l.l~ T~II!IJl. Eaftlt!'l. Pll!mtlirig &!rvl~ U.C ···MJ L.arumPaull.fG 111 Sm"orT~:nn Et:tat., Planning S,rvlotl Ll.C : ." 14' UrtionB.L$ FARGQ BASE • 845t APVorgo111-Lo""""-1RA LN\.111:: APVot11oro-Lo~RAAG!i nL::. AP VO~ LBL 165 ·-AP Kroook Fo!111iy TIUitNI1.862 AA Kroeek Family Trusl LNL Cl32 AP Kroook Foitlily TMt lNG 2l3 :;.... "AP l1 OML «o· .. tabbies" ··MLLSFARGOSASE'M&t ··· :.NJ .Kroeck F.altlltyT:ru•tANl ~;( ... : AP Ktoacl: F!linliy Ttll~tH.8l."1BS ~ AP ~k Family Truilt OML 4415 -:~=~=~~:=~~-:;: .f) ~ · WELLS FARGO BASE· M6t : APSallirna-rtlno .LNl591·· f - .. ;.p St~."ititnilrlh'lo TM 28f: :t: APSuimiu1lntdN020{ . . bl m AA SB:mlnatttna lNG 263 ·: · · lAP Sami'N.rdno OML~·· · :·v.aLs FARGO AASE:-84so =i "-PMclllf~nTruc1L.Nl 177'.. · I

'M.A80-4 , :· AP Klnut<'/ LNL To!ll ·:· M' K.Jnwwr.TAA2.!1· . . API•RAV>PL 982 366 367  . . ·. . . . . ......... ,·· .. ""10:oi0Jlr.l .. ~ETlRE~ENT ~ALU~, LLC- K~~~ ~tiok$ .·.· · oir.l31n ··«Payments ~ 9C8n~_ee DefendantS · -:_ACC:iutl au,. ;.•..ch 200~ llirtiuiin Man:h 2010 T>'l>O ~-Nu_m·_ :~-- _Momo ··~CCDLI'Ift" -~pllt Doblt .. Clod~ ··~r.n.;.. 'check : :: ---chool< _: -1ommo9 ·· · :m~- ·.-Mike MI ...- :. 1QJ27J200&. :'· : 2574 . . . Mlk!!Ahlfii'K JlP Mai. LNL.-7-I(l .· . JlP M..lleld,R.jfO.A lNG 201 · . . . "WELi.s FARGO w~,11-!~9-.' wel.l.$ FAAGO I!ASE~84~9. ·: . 100.00.. ·' ::100.00 · -5011.00. "-400,0ol. ----~=~·:: ··chuk :· : 1ol2712009· '"" :MIIcoMiors :_ 10121/iCOSJ · -· :2~7' -· · · ··Mike Mie-ra :: 1012712009 : . ·. 2574: .: Mike Mloto- ~~=~~:~j=~~:r ~~~z:gg~~:::~: Jli!Mu.fl;rd,R'AALFGOOS ·· ... ·:, ·v.e.I.SFJ\R.GOilASE_-845~ _.: •. 1::: .. 100.00 ~~::. ·100.00 · '."GhCtJk : 1012712(10i.·. , ·.2574 · MikeAhlm. .. AP Mo1dlald,I\,RAING.Q36.. . .. :.. WELLSFJ\R.GO BASE_-8459 . .· 100.00 . 0.00: . _·.ch~ck .. :: 1012812009, ... : 28~:. . M~ke Ahk!D. . WEU.SFAAGOe.!\SE,_H59.· ····-SPLIT-::.-:··:,:· :: ::.:: ... :· 1!00.00: :-5011.00: ·Ch11ck · ·· 1012&12009 :' : 28&& . · ··MID Mlem ·.. :'- :·CHen~ e.Obbla. N. i-i~:rteniteln (678!~335) .:: APHal""l;ftrurtir!ir.L.Nl·7:!!i1 ·· · .··. WE.LLSFAR008A.SE-B45;ll : ·· · 100.00 · ." -4.00.00.: . -Ohed .· 1Df.2r.r.l(lgg .·.. _.20u.: .· · "Mk•Miers. · ·.. -Tut.l $ A.rr't&t.ml: 25.000.00.: · . ·_: APH.....,.t.lnAXA~ . :: -WE!J.SFAAOOI!ASE-1459:: ···1®.00 .. 400.00. ··Ghack ·:: 1012612Q09 .·. ."2ft58.: MU!eAh)m. . UoeMaa~ Rindal N, f!l)rem.Bfl (,D,CD%1 :.:APHartoiiololn"AXAHCI. .. 'M;USFAAOOBA&E.8459 : 100.00: '200.00 .· ·CM · · '100.00. . 0.00 -~::;:: ·:.Chock.: · !Of2!lrlll09. · · 2891·: :: : Mlko Ahlo,.. ··client Lou~ J. RJzzoiiV>.(67B1-:lJ>IotO- Jli!Rizzo,L,AAANlU2. l\el.SFJ\RGOilASE-845g ·· .:100.011 -300.oa· . Check ::- .. : 1D1'2mDD9.: . 2891.· · ··Mike Ahlori .. Jli!Rizzo,L~RA-I.NI..7~ v.e.LSFARGOBASE-IMoo :_,·· ·· 100.00 ~.OP ··.: :Ollo« :: ··1oi29J2.D09' . ·.· 2691·.· Mlt:e men: .. P.PAJ:z:zo,L-lAAI.FG 56G .... Vln:.Ll..SFARGO BASE-IM59.. .. 100.00. ·:.100.00 .·· Che<:k ·· ·10129.'2000·. · 2891·· Mlkb.Ml.n .· · · APR.iuD,L-IAA~NGOJEi ··· ··. ·. ·.' ~SFARGO.BASE-8459 100>00 · 0.00' . C>ock :: ·. 1QtlOI.lOOif :·. . 2714. Mliiiiii.Mlilrt: . .. vo.aLSFARGOSASE·M;o· .· . ::·-SPUT·:':.:: .:: :. ·. ·. ·. . . :: ··. ·· ·· ··· 600.00 :.·.sOO.oo.· · :Cbeck :: "1Qf3012009··.-... 2714.: · · "Mib Ah1n: Cll"erlt: EciW! M, PBlr ~l...J51) .. APPa~,E·we~·-.. . . . . :: .\I>ELLSFJ\R.GOEWiE;8459 ::c· .... 1011.00. '400,00: · ·AP "'lr,E AXA 804:. · "WELLS FARGO BASE,M59. ·.. . ... 100.00" -3011,0~ ·chec~ · : 0~0<1< :: .. .:oheGk" :. ·.·. :.c~oc~< :. ·.··1Cf3012DC9· .. 2114.· .·.1oaot.2008· · ·.. znc.: ·: 1Cf3D/20M" ... 2714:: : 10130J21l09·.. MJ)r;m-Ah!e"· MI~!-M~~NW· ~lbAtd""': 2714·: .. MllELLSFJ\R.GOBASi!C8459 . ·: > Y".aLS FARGO I!ASE-845g _. :: ::,Y".aLSFAAGOI!ASE.-8459· .. . . . . . . . . . . . . ...... · · · · ·.2,.40Qo.OO «00.00 · .. ··l!oo.OO. ... 600.00 ." .. ·aoo.oo·· :-~ 1 4-00.PO ·: ·--l,BOO.oo · :.1,<00.00: . -600.00 : . 0.00. .. ---Cho-ok .· ·-111412009--· 2849. ·MI~oMoo::·· WEllS FJ\R.GO BASE- 8489 -$PUT- ' · · ·.· · ··.· ·.· : 500.00 •500.00 :Oll"e:ck ·:11/412009. . . 21149-.: .· l.lkoMI.,.. ·c~,;,;t j~ c n~.w. S,:,(s761'J68i: . . APTl!l<>w,"J!-l.I8!L .... · : . ... · ... WELLSFAAGOBASE--8450 100.00·· . . . · -'400.oo:· :Chick .111<112009: 28411:: ·: :MlkeMioro: To!ol $""""nl: ~.ooo.oo :· :: · :: · : :.Jlll'tltlow,JAXA~.-- ::·:.·: . .:. :.-vo.aLSFJ\R.GOBASE•&-45~ .. :100.00. -300,00 .·Ch..k :·.11/(/2009 : . :. : 2849 ·. Mll-": .:· . ·.. ·. . . .. . .·. 1>1>4.00. -SIIMo ·Ollock : ·Q&e~ -.· . :1~/1012()Qtl: -:::.2973·: .: Mlk~MI€1.-a." ..: cuon1: c.HUM4. ' ... Y".aLSFARGOBAS£;8451: ::9uo.:: -'104.011 . .· -ChO.c~ ·w11J1200g :. 211n :: :: ""~' m .... ·· ..:Totol$omo\lnli4U,700 .: . . . . . ." All«nlll:fvG SQiutlon'IIIW ServlG!&g Chick {1 0%) . . . .APPI>O,S-IIV(AGl73l· :_-::·:_-:.-'M;USFAAGOilASE'.849... · ·:APP1ko,E·IIV>.AXA8DI. _. :: :: :; :: WELLSFARGOBJI.SE·.MS•:.": . ... 99.<10.: llll.-«1 : -79520 -«110,011 · ·:ct.LNU00 ._.. ~73 :_ :_ Mike....,, ... : . Jli!Plke,E-IRA 1-NL n2 .: ..:. ·· · · · ·.:'M!U.S FJ\R.GO SASE- 8459. ::99.40 · · -1D8.BO lr\a.LS FARGO SASE~ 8459· ·.-;&•.co ' · ·· ·APPJke,S.IRA LFG S8fl ·· ·. · .99.40 · . fs£t!~.;:- ~ :Chi;,C)I; .· "11J1012001." . 21173:" .: Mike MI.,.: _. 84 9 ~t;g~~;::;;; 1~-~ ~:~ .. Che6& .. ··11110120ot . · :2973 · · MJke ,c.hl111"11:: Chtck ,· :11J1212009." ._. · 31>12 . Mike MI.,.: ·:chock·:· .:111~~." ·.-.: 30'12 . ."." .M1kl!l Mien-. ·:cllont:RobortRSidnriot(B7BI-3BII):: .· 5QO.Do . .::: '.· . _.Ch..,k ::UifZI2C09 .... 3042 ." .. Mlb Ahleffi . ·. ::·.·:Toi>I$Amo'o~;2MOO.O!I :.: : ·: ·: ·: '."Ch.c:k .. ":1111112009' . 3!142 ' .. Mike MI.,. ·:::.·::~=~:~~~,~-~~~f!~Jl (10..0~~: ·. APSk!nnor,RLNl-740 · ·· ·· ·· ·· ··· 'M:lt.SFAROOBJI.SE-"!1459: ·m.oo -200.00 ~l~~i~i-8459 ~~=~=:::: GPO~ ........•• ~~E · Check· ·1111212009: · · 0042 ·. ·:. Mlko Mlm: ·:·ChecJ,; . . . -1111ZI201itl" .JG42 .·. Mlkr.M~~. .Cllock ... ·.11117i20V9 ":ll02 : :·... Mjke·AhlC." " < .Checll; ·. · :·cho :'. ~~~ :::-~:z::: 3202: Mlke.Ahlett- ·c:liln'lt aw·~n~e k1l0Mf(i:J781-·~~) : ·· · :rm~·$A.rriMUii.:;2.5,0QO.OO .. : ·u~,..,~TQm"""n~(1:!>.~) . : ::·: ..::::::;=:~::~~= ·: ~~:~g~~-~-=~::··:· ._::~:::: .:_:.:~~:: .. .'Chl!ck:· 1111712009 3202 · M:kl AAier&· :Ci?rn:r'!RI~ ...... ·:. W ~enl'lrrS La 77~: . . WELLS FARGO BASE~ 8459· .". ·. · ·100.00 ·. · · :~IQ{l.OO· .. :CMd<:· · ·11N7/2009. · '· 320:2 · Mike Ahl""': :· APKoOller,S PU 140 v.e.LSFJ\R.GOSASE·8459- · · --100.0(1- · .· · .a,ao · ·.Chocll .· ··11J2312001i- · :·3320. lakeMftlt: ::-:-:-.:: .: :: :: -~ -~ -~ .: : :·. . . Y".aLS FAA!)O BASE -84": ·.· AP Hcar1d,J W 891i1 _,PLIT'" . lr'lr'2Ll.S FARGO BASEc N~9 :· .. . · :125.00·.. :1,250,00 :-1,>!50.00.: ·-1,125.00 · ."Ch'"" :· · "11!2312C09" ··3320 · M~keAhlan: .. ·... ·. Cilent:: J•mM- ~ Shall:a Hi!:r:a.ld (a761-:"f35) :.Chftc!o; .· ..11f.;ll/2®S. · '··33:20 ·:· · MJk.e, Ml-el"1. .-. T""'I$Am•unMo.ooo.oo · : . .. :.: AP Hoo~d,J 1-NL 74ll . -,.,..LLS FAAGO llASE--H~o . . . 125.00 >. :-1;000.00 ; .:l~hi"Ck _: . H/2~· ..":&32()·: · ·.Mlk111!Ahle!11· .· ." Ucmaae: RiiM~I N. Faf·~Jl, (1G.(lD~~ ·. APHurkf,JLNL26A"·."· .. , ..... ViELLSFARGD5ASE..:.~:51i1 . :.125.oo:·:· -4l7:S.GO" _:·check . Hf2.3J2DDSI". '."33"20. M~keAhli~~nf ·:.C<>mmlu!.,_... . . . . .. ·APHtlilr!d,JJPI 062.. · .".:·.. 'AEl..l,.SFAR:DOB.ASE ...:...!145B .: 125.00. -75IL "2 · ·· WEll.$ FAAGO BASE • 8459 ·.· · 125.00· .~.00 :· .-. Chtck H/2312009 . ·3.320· · · · ·Mike.M~ef!l· PPH•Iirld._JPLISS.O. ::. WEllS FAAGOBASE.¥G-46S ·:. :.1"29-.00 ·. ~.00 .: · :· Ch~c:l( · t1J2~~ · .:a.J20 .... MikeAtl!er-.: NlHeDrld,JAAA-.5.97.::·. ·:. ·.'NEU.SJ:iARGOBAS.E:~B-459" :125.00: . "..J75.oc·.· . C!lock" . 1112312~. .3320·. : . .Mi~eMfiJni AP Hoiuld,JJ\GL 062 · .. ;WEUs FAAGO BASE"c8459." · : 125.00. ·-250.0_0 ~~~~~--~4$.". 368 369 370 371 372 373  .. ,· . . . . . . . . . . .. .. . .. . .. .. .. . .. . . .. .. .. .. :: . . . . . . . . . : .. . .. .. : . .. :: :: .. ·.. · ..... · .:= ... :: ...... . •. 11;.0 ... 111. REllRE~E~f Y~LUE, LL~ ~ ~PKF Books :.· _Olm/1l. paym~?tS t~ p~ersee Defendants •··· . . ·Ac;c:ru:.l Basls: · • . March 20Q111hrDugti March 201Q .. ·:·-rypo; . Dolo. Nu;»: ··Nab: :M~.mo: Acc00nt .· _ap!~ i>.bti. C~f1: ::- Chee?: . . ... 3l4120.10·-:.·· :EFT: Mlka.Ahlct3. ·· ·· ·· ··_commm.icrt: APHlii,Ktltt1-TRAD.Ift,ALU!!111- WEllsrMc;OeAs!ii:·~·MSS-- 107.00 ···96U1: : Chlll!:lll:l(- ...... 31412010·.··. :: 1:n: MlkeAhler•·.. Comi'ffillfon .APHIII,Keltt1-TRADIRALBL3fi1 ._:· .. "\NEU.SFARIJOBAS-E....:845; __ . Hl6Jl'O . "-855.90!" .• Chool<. 31412010·.· ·EFT: · M!oo_AAI..,.-· Commluhxi .. ·APH;JJ.~-TRADIRAL11L91$ .·· . ..al.SFARGOEIASE.~9 .· 106.119 ·.-1~.u· . . ··Ch~: · · 3.141201(1 :· .. :·EFT· Mlko_MI-crn. . Comm!Ulcn- ' ·p.p Hm.~tlt1-TRAD IRA !>¥.A 335/. . 'WEl..l.S FARGO BASE.~ MS~ ·:. 106.IMI. ·--641.94· ia >~E§~ ·•· :. _. -. : _ > .: Che9 ·.&as·-· _Jg> - - - - J~lL ···.• Chock·_- · 31-412010 •. EFT MlkoMioro·· · < ~~~sg :• Colnm~ostoo·· .. . . • ··. _·;_ .. .. . - g~:i.si~~j~r < ig~~~rni~~r IIPHIII,Kolli1-TRADIRAAGLI30 •- ·· ·WELLSFARGp8ASE·U5il . ·--l~:a • \06.\19 •· ·-<21.os: · :-320.07: ···2il.oo· ·-1DI!.g~· .:-o.op· :Cheek_·.·.·······.: 3l4t.i!010_: . EFT .... 't.~~Jll;eiMfQ ·.· :: N.11ncyM.Mo~~DiiTrad IRA(67B1-7~)~1~. ~SPAAG:CElAslii--MU -· .. ··'-...sPLIT~J:~.;:'-· .... · .... ,.. . .. . . .. . '1.8C1.5E-. . -1.001.56- . Ch111t:k .· ...... 3.1412010.: EFT. · 'Mi'ke.Ahlf:l'li. . ::·Cclmm~i~: /lll.M.alla,NancyTRADIRAW0.99- :.-.'JVa..l..SFARGOBABE-1459·: JS0-2-1 . . : -1.621.3-5: ·:_Ch.,~: .·: 3.141;;!010·· ... :.EFT:·. :Mike_Ahl:en!. . -.:-Comm!nion-- NlM.Nl~,NenroyTRADIRALBL34if .. :.WEU.SFARGOBASE-~1459·:· ·· 1e.D.l5 ·1,4-11.20· Check_ ·· 3/-412010 :·I:FT·· MikeAhlera .. :.·:: C.·.. ··.. ·:.-·:. · <--: .Commi:ulCI!"':. :. . · .. . ... .. ·:., : . :: .-_- .-_-_:·: ·: ...... :: : APJahn~tCon,Di.B-.!Hlt:033." .:.:· .... ~.~~9.P.I;Vt.SE.·.8!459. &oo.M- 0.00 ··Chaclt·:.. .. ... -a/UI/20Hl•- .·.-EFT . . . MlkeAhTIMW' : ,_-·.:·.··:.:.::,.·: ···,.·.:·::·-:·,.:.:_:.:.::.·:Nernt~;t:fd.i:I_,~Flattr~RA(6111~1)_CQm~-- ·· ··,.··.·· _- VI'EllSFAAGOB.A.SE-M~9 . ·· ·--5PLIT-·.-.· ·.,.·.. ·..·.· .. ·. ·. ·· ·· ."5ol7.96"• "-547.9! .. :.Check: . . . . : ..... .- .. .31t61201Q_:·· ·EFT::_.: MlkDMiaa·. ··.·· . . ···.··:.:: ::.:::. :·:.-.-:. :·.·::·:. __ cammlulon :-·:--: ·: .:·:··.··.·.- ·· ·· ·· ··, ··, _:-_. : A.PNe.Mth~M-ROTHIRA.l.FG31L ::. lr\B.LSFARGOSASE.:..HS9.· • 10<1.00• -438.38 ::_C~k.·: ...........31~8J2010: EfT·:-· MUceAh_left:·_ · ·· ·· ··:·· .. ·:.·:· .:--:··: :·· _ .. Camm!Qlon·:. ·.- .· -:--· .... ·: .. ·:·.--.:<··:--:- :··_.·_: _.: :APNe..,;lh,t.I/-ROTHIRAA)(A.01i11-:-:_ ... ~SFARGOBA.SE_-_6459 . ii!S.59··. .· 109.59: ·328.77 . . • -219.\S. ·--·~~·•-·-.·· · · · ~:~m._·•---;a • ~~::: -.. . _ ·•- -· -·-· -·- · · · · >)E=: . •. •. ._•_. . ><•···-·•• ···z~==~:~i~~=~~ :r attm~gg:fi:E~: •.1 . (08,59 .. "109.:59: .ooo.oo . ·. -•. ,100.5•. ·0.0~ .. ·· ·· .&lo.oo .:~~ .. . JlffilF §. Jf:EE ES~·~~T~di~{~· ·~·)C•mnn.r""· 1 *ff~~~~ll! ~~s~'~i:E:f · ...... -m.oo·· -. ·.•·.. .·:·..· .-_ ·.-. .·:•. ··, •·•,·.•._·.._•.,. ....·-•·: 1·6o.oo·• -100.00:- :..WO.DQ. •• -• •100.00 -:J.I'IO;OO ~l~m •-· 5 : ~it::\::< ,.=~:~:ita:; . -2®.00 ~m ~~=: > · • ···~ gs::~~:g ::~~~ .. 100.00 ... ·100.00 ·· ·lOO.OO _100.00 •. .· .. 0.00 . .......... : ........ '2.Se0.00 .Cheek·.- :~:,: ......... -~~~~~: "S/1812010 :· .. EFT :.Chedc:': _.· ....· .... ·::J/1612010: -~~ ~FT ;: . ~:~:~:::-:·. ,· .~.Ulta-MI~n-." Mlke:Ahlers·.· . · .· ·.· .. ::-g:~==> :-.Del[avriMI,Dahl!!lV.-Till . : : . - ::<-: ·: ·: ·:. ·Comminloo , ··. · ._ ... ·. -:. ::~~=:~::~=~:~m:_: ·::.=tt:~:~g::~;:::~::--:. ·./JPDeli!II'O~II.,O.TRAD~AA.PU.1.0··.·.·:· !NEL.LSFAAGOBJia!E·84S9· 266.117: • 208.117"" 286.117. .• -$0.01 .• -613.~ ~.61 .. _._Check :3J1at20iO::. :. e.FJ·: . M~ki!!Ahlar-11: ·:ecml'rUUJcn··· ·.·.·· ·: -· ·:: :: :·: --: .: . ~D.nifttllr"'I,D-TRA0tRAJHl~3.·_ .·.· !;YELLS.F~OBASE-:&459·-: .• 266,li7 .. 0.00 · ·· Check 311al2010 . EFT,. : .. : Mika Miera.". ·w.nn1r,Jahn' ~- i~~ 1_~(67_8~:-8:4:8) ~!"l~lc-m· ·: Wl'lli..S ~MOO BASE -&459--·- · · · .· -SAJT•.. :.~ . --. _. ·..: .·.·: · .·.: .. · ··: . . 1 310.00 -1,370.00 27~J)i) ........... '. Check.········· "3114.12010:: El"i :. :."Mlb/lhlar-·. ·CotnlfdlB!on-·,, :.JI.PWI!IIk.et,JB-TRA.DIRALFG311· ::·.·.. ·WELLSFARGOBASE·&4S9· -·1,096.00 Chock 311&'2010· EfT-.:.: Mi:kaAhlm-e-- ··.:: :eotnmlullon_::·.:·· ·:llPW•Iktr,.JB-TRADIRA/JJI.Ao.91 .·.·. "WELLSFARGO-BASE--8459:. 274.00. ...s22no .· .. ChiloGk. .. :: .'311&'2010::·. EFT .. MlkaAhlera.·.. .-:.·C«nrni:Mion·· ::APWiillDr,JB-TRADIRA.AVL"180" .. ::."WEU..SFARG-08ASE·&459. 27-4.00 ~B.o-ao · _Check 311&12010. EFT · -•MlkeAhlm··. :COmmlsSiOr.·:. .. .. .. .. ·-·-:·. . .... ··. ··:·APW8l!ker,JS.TRADIRAPU140 ·· ·· ~SFARGOBASE-.e4!;:9_. · 274.00 . '21..00 .. 0.00 .. ·:~:::- .. ----~~:g_::·· :··~·::.· :~::::._: -:~=~~~~~~~4.1i8~1~-~~t:.a63A}.Ca·~,~~:. ::=~~6~~~~-~~-:(:::·.-~~~~~~-~~~~~~: 274.00 • . "ChMik :312'512010:: : .. .. ·. EFT·:- Mike Mlem· -·Com~on :· .. ·. .. . . : 1-PM!afllre,J\-oTRAO tAANCA335 · :·.·WEllS FAAGO BASE ~84::i9 . .. . 120.00 . e2S.OJiM: · ReilR~M~~~ ~~Lue, Ll.c • iTaylo.-TrustlNt 032 :.WELLS FARGOBASE-0459 3\iO.OO: ·: . "-800.00 · n"leek. :·.6/lt\12009: _:10..1 .· ::PC&S,U..C:: ·: Cheoi< . :811512009- :1041 ·. · · PC&S, 1.LC Ccm.mislllon· .1-P T11ylor fNG 26;3 . . . ·. \NELLB FAA GO BASE -.8459 ~00.00 . ·300.00 Chook: 811512009. -1041- .- :. PC&S, LLC : Commh~shm: · P.P Tft)'!Dl" TrurtOMloWG ·.weus FAAGO BASE-8459 · 300.00 : :· : .q-,oa . Ch""". :·: 711/2009 . .: 1091. :. PC&B, LLC Commlsslon: ."WEU.S FAAGO EII\SE, 6450 . . . :.AJ> s.;,;,.-IAAOM~-«4. . .· ~.~.04 g~:= > ······ r~= :m ~!~: tfc . ·commnlon: .. ·commlln:lon: "flll Sefe-n:z.,fRA OML'~ ·_- ·WELLS FAROO lli\SlO- 84S9 ·.· ..... "\1\!al.B_FARGO 9ASE-.a..4-~9 : . ·-SPliT-· · · ·· -· · · · ·· -· · · · ·. 0.00 .. : -•.ooo.oo. ·-:-~~==~==i=~7.ls~,-:.:: ::_~:~::~:gg~~~-::::·_ Ch""": 1(712009 : : 1114 . PC&S, LLC . Commlnlon- : -6,400.00_ Choeok · · · · · · · · · .·: rmzm · · . : 1114 : PC&S, u.c Ce:lmmkll~ . i'PWomofFimllyTruotLNl.032 ... :: ·:·WI!U.SFARG0-1RA lNG 28L ..:.":.WELLS FAAI)O EII\SE:"0459 : ·-111.16" Cht!ek: :. 711012009 · · ·1121· ·PC&S, U.C · : .CommJufon . · . .NJVergara-lemon-IRA OML-'46·: :-. :_.'MUS:!l:AR~D.WI.S!;~ ..::;!il : o.oo· Check:. . :. 71!012009·· -11~- · · ·.·PC&S,LLC Commlulon 'WElLS FARGO eASE- mil: ... -· ... -...SPLIT-- · · · · .· .· ·.· .· · 2,77Hl : 4,77M1· ·. APNorton-IRIILNL177"." ··.: .. '/,;USFAAGOBASEC0459·: "•. 271.44" . . .. .. : -2"i!il61l1'1" . . · Chei' NortorHRA LNL 591 WELLS FARGo BASE· a<59 · ~77-" · : -1,6a.U5. Cotnm~l)rl­ I'P Niorton-IRASI.A 5~ . WELLS FARGo BASE-•8459 ::: .27H4:. •1,387.2.1- Chaok-:. 7/1" . :o.oo: ·-eeo.oo ·:Check"· · · · 7miJ200!il· · ·1140· ·?C&S. LLC Comltlinlon .' "330.00" ...... :660.00 : . ·.Chock. ·· :. ·: -71111J2000 · ·: :1140· . "!'C&B,UC Com"'"olon AP CBI!!: lr~-v..-torGroup INGI 263..... ·ws.u.sd~MGo ~S.-&4511 ·: 330.00" . . . .. :-3:3o.oo: f'Jl. CB191nveltMGr.cupOML_.-48 ... Mll.SfAAGOBASE-~9. OM .. .. Che-dl;·: :. :.7/1~9- :·:n4D ."PC&S+LLC CamrT!'-dOil ··~mmlsalorr· AJ>Chod>n-fRA.LNL~32· . . _,-_-,-_:,- WELLBFAAGOBASE-B4S9 :. :1,1Kl0.00 . 1,000.00: · . Gemtn~I.Jaumaj_ ·: 71.21120011·. .":f186: .. -:.FC&S.U.C ~mm~IDn·· WS-l.S Fp.RGO BAsi! ~JW.:!'i9 : AP ChOO!!n-IRA·Uit 032. · . :;1.000.00 : ·0.00: ::G~nellll!~wl.. :.712112Gil!l .. :.i166 . . ··.PC&S,Ll.C ·. G~tn~~ Jqf,lmJl. · .. 7(,!11.2~09. ·. -1168- .". ·.: PC-&8, Ll.C .mmmlis~-Co·: APChod~RA~NG28~. ::: :-.· : ...: :~9.FMGO.BASE-f.4.~9 1,00000 1J'OOC,-Il0· :: GenftraiJoumal. ·· 7121J2009. · · ·:.1186. · ...PC&S, LLC ·eemrn~·­ l/lia.LS FARGO BASI!f-~9...· . :.':_:_.'·. AP Chcxtan-l.R!&. lNG ;283. . . . . . .. .. .. . .... "1,000,00.. . 0.00: · .t,ooo.no_: ~~.~~~E~~5B ~J~~g:~~ 9 ::a..,nlmi.!Joom!JI . 712112Q09.. :.1166. _·_-pe&S,Ll.C. :.cc-mm~·- :1,000.00 . .. . . . . . . . . . :·GI!1l.ef111Joumlll · 7F.Z1r.!009 ·1166" · PC&S, LlO OOIJV'I1"Rion:. . . . ) ,(100.00. . . . . . . . . . . 0,00 . . . ·:.·_-Chotl< _ _._.. : .:._:JI07/'ni9: · :11M· pc&s,u.c· · :· Coml»!!!;&lno · · Commlnior1 · MUS FAAGO BJ\SE- 9459 /tP CorigOaJi.o LBL 105-. ·.·· . .SPLIT-· . . . . WEllS FARGO BAsE _-MB9 · !00.00 ·.-· soo.oo· · ·· -5oo.oo · · · ·..wo.oo ·•Chad<-: · :.ollook· : 7/2712/)(Jg. .. 1121~n• ··1186· :.1186.· PC&S,LLC PC&S,I.LC C:arrunlYIDII.. "AP ConaionoANI6~2.. . ..... ·.'.'&US FAAGO BASE- 845S :· 100.00 · · .· -~oo.oo · /loP C~lan~ LNL 012. . . .. ·: WiUS fi"ARGO SASE·-. 84!iS ·. !00.00 . :..200,00. ·:.Cftack.".. 7127/ZOD-9 ... 1186" PC&S,LLC ::CQm~cr( ·: · ·-1oo.oa ·: · IJI1m· 71Z7!1!J09 ·· 1186 ·· · PC&S,LLC · • C=-mnWsloo APCurtgblnoiNG283- .: .: ··.·1Niill.Sj:MGOBASI!.L..0459 -· 100.00 AP COOQistic OML ~ :. ::. ·: 1NELLS FARGO BASE ..-8459. !00.00 ... DJl-Clo. Cllook: 7!01>2009 .-· · 1166- PC&S, UC ._. : Ca-rT!~M- : Oomm!SIIorf ~SFAAGOE!ASE."-&459 :.... · ::-sPLIT-:~_-::· . ·:.· .. ·: ....... ·. :5(10.00: : -&iOJlO Ctll!lcJI: 71271%009. . 119'3 PC&S,UC ··chook." 7/Z712/)(J9 .. 11Dl . PC.!.S,LLC. : Comm!ss!Ofi: AFKtoooci<~•~T.,M1L8L 165 :: . ·_I'\'I!U.SFARGO BASE.-11.459 ... -400.00' ... ---300.00 ·. ::·: ·. :· :· ..:· :: Chook. 7121J20olQ· :· ~ IU . : PC&S, LLC · · Commlnloo· AP KrDfl~ F~rnity TrwtHU 852 '':' :-"~\Bl.S FARGO BASE~ ~59 · AP l(r.e:~&e,t Farnlty li"ulll: LNL Dl2 .. : .: VIIE.LS FARGO BASE·: 8458 . : -20<).00. >~::s:~ · · Ch•Ok · · 7121f.l01Jil' .: l1S3 . ·.· PC&S< LLC Check. .: 7mi2DO!l'. ·. : 1193 : .. Pc&S, LLC . fAP Kroecl: FarnilyTnm IN.G 2a:J·: . :· · "·Vd:l..Ls FARGO BASE.;._e.e-59.·.. . -100.~0.. . o.co Chook' ·: Che:ok: . :_._Ch0¢k:. · 7/21f.IOO!l· 71~- 71:1-0/21101_. 119) · · · · PC&S, LLC · ~- ·: · · PC&S, LLC ·_. 1268 .. :_.PC&S,LLC _:· · -~~~::~~~-~~? (~7a:1~)_o~r!ft~~- · AP Kovoco Fo.,-jlyT...tOML «B: . _: _-_-\'oe.lB FARGO EII\SE •.0459 ·... ~~~~~~~r· ~~~~~6 a;:s~ ~ M;! - •• - --~.1es.ro· .: --3,32:4.48 .. ~~~:~~~: .' 378  ta,lt. : Cradff .. Bll.ln~·- Chock.· · · · 71~012009 · 1~ : PC69, lLC c~mrnls.alon ..liP s.in,;,.rtlno TRA2~1-. . ; ... :\1/EU.S FARGO BASE -114~9 "U!.12: ·2,4n.36 · Ch""' 713012009 1296 . . PC&S, lLC : .O-cmml:$&lon .. AP Soin""'r11n<>I~.OO -Check . '8181200:9 "1'2Se··:-PC&SLLc·· · ·MaM.IIjj;f!!n Trust(6181-66) Commimoo ·:- I>P MoMi=H~VJ TrLiat ~!ll BSL . \1\!EU.S FARGO BASE- &4:59. . 300.00 -300.00 . Cheek. · · · · · · · · · · l!l6.'2llC9 : : 12as · · pct.o; u.c · · M-oMIIH;an TnmJ:8781-68) Ccmm~-en : .. APMct.I!IIM1ruo!TRA2B1- ·'Vo!I!U.SFAAG08A$Ec"11459... 300.00 . 0.00 · Che-ck:. ~ :·. Choo~~.··. · · · · ~11r2.0tl:9 . : 1337 6/1112DD-9 · . 1337. PC&S, LLC · · PC&S• .U.C . lli1112W9.. : ·: 13~7 ·· ·· PC&S,lLC·: . : .. -R.HendN(67a1-103) Com~oo. : :- ·:- ·. :CIIeotJC051eDia:z:R-H;endm: .. .". :.: · . : :TI):t.BI $Amount 30,000.00 - · · · - · - : - : · ~..=,-:~M":~· ·:-APR~~de.zlNl~91 114 ss . . · ·· ·-.---~~~GO~E-~9--'· ~~ARGollASc-146~ so~.oo · -~00.00 :- . ·1,800.00· · ·iOO,OO ,o·.oo .. Ch«ic. ii211Z009 · · ·: 1439 . PC&S, U.c .. WHI1illg!oo-lRA(87$H1) Commlood<- l!/21!201l9_ · · . 1439 · · ·:· PC49, U.C .. Wa&hln&tt~n--IRA(67B{-...41) C.o-mf~Wmlcn : • APWnh!nglao-lRAIIol<;:>ll~ .... ·:,·:·Vo!I!U.S FAAGOIWl~·114M ..". _Sot~<: 6/Z1!201l9 · 1439 · · · · PC49, U.C ·' : w..tllngton-IRA(678H1) Com...... on . APw..hl,g!oo-lRAOMlol-46 . v.ni.SFAJ1G08A$E"·114~9-' 1100,00 ... : 0.00 :: Check. BJ'28.12009 .: : : 14$8 · ·, · · f;!Cl&S, LLC .. : EITTKife-IRA(87fl1-32) Cornm~Qfl. . I'I'EU.S FARGO 111\SE • 446~ .: · .". ::.SPLIT- · · ·· · · ·· · ... : · ... ~~llO,oo· c-4,!!00.00. ":: C!>ock: $126J200R . 14Jl.S · · · · PC.\S, LlC:: . Client: FratlkJ. El1'!1D;'e-IRA · APB....-..!RALNLOS2 . . . ·: :. :weu.s·FARGOB.A.SE-11459::. . .. 1,800.00. ·3,200,00 : Chook: :. Bn6!.!009.. ·. 14116 : PC&S, U.C . Toto!$ Amolmt: 3"0,0110.00 ; · APEIIll(lf"O-IRA lNG 21!3 ....... vat.S FARGO 8ASE•.:.B459 . ·.. . . . . . . 1,500.00 ·1,600.06" _.. ·: Chook. BmJ2009 . . PC&s, U.C ... 14Jl.S U:ct~nu.A: P~S, LLC (16,00%} · AP B""""·IRAOt.!l ol-46. . ....... ·.WELLS FARGO llASE·445U · · . . · 1,800.00 ... ·. O.tliJ. :. Chook- Si26I2000 14U . : PC&S U.C .. !llociOI!-IRA : AP S!ooi · · · · PC&S, U.C. : Sloolon APS!od\1-!RAING 283 ........ ·I'I'EU.B FAAOOBASE·114~g-· \SO.OO . -15000 . Ci1001<. . 612~C::tit · · · · · · · · ··WELJ.S FARGO BASE ·8-459. ·1,350.00 Totd$ Amount SO,IlOO.ilO · AP lOS ...... 1~36 : : PC&S, U.O . ·Kln!I"Y(67~1-137) Comrnls!lon: · · . : AP Klngr•y 1002a1: · :. :. :I'I'EU.S FARGO BASE-11459 : 150,PQ :.fiOO.OO:. Cht.;:k . . 9f312009 · 1538 · · Pc&S, Ll.O · · ·: Klngrey (57-1!11~137) comrnlu!on- : : . AP JO:!ngroy t.\Mt ssa · ·WELLS FARGO !lASE ·.11459 · 150.00 :..ffil.OO· .. Chl!'dl;: . . 9I3I'200Y: .. 1538 . PC&S, u.c . Kln9r"iy (5:7.!1-1371 Comml:aMl11 : APKln!F~=: : .912312009 ::~: .: "1t3B. .~:t::g ·. PCBS, LlC : ·:·.Total~ .AmoLlnt.21$,00C.OO · · · · L.i~e~: ,1\on Thoi11p~MI10.CD%)-. · ·: .Maxteld(87GHi1)Col'il1'riMloo. : AP Mullold lNL 182 . . -AP 1.1•>!1ol•LNL 7t0 . : A}J M-.v:lleld f:.Jt.A 1o4.6" . :WELLS FARGO 8ASii: 114~9 : WELLs FARGO 8AS5 • Mig : · 'M:US FAAGO SA.SE-&1:!39 : 100.00 ·. '150.00 150.00 :-...4oo.oo: ·~300.00: -1:5(1.00· C-Jleo~ 9J23f.2009 · 1 a3e · · · PC&S, LLC · -MII:rdeld(fi7111-1 ~7} Col'l'lO.O~. Chook · i/23/2009 ··1t41 · ·. PC&s,UC: _To1al $ Aloount: 25,000.00 APKooAGL13l:. WELLSFARGOBASE·1145B: !00.00 --80D.O~ Chool<:: · · · · 91;2312009 · : 1114\ . : .PC&S, LLC : .. Uoeno .. : ClomontNg{12.00%) : AP Koo AXA 1104 : WEll.& FARGO BASE ·1145ll !00.00 ·:.roc.oo: Checl: a-i2JJ'20(lll · 1MJ . : PC&S, UC : .. · ·Koo.{$781-tK) Co-mn!la:(Oil · : APK..IAAI.!Jl.SO. WELl.SFARGOBASECII45a ·. 100.00 :....oo.oo: Chod<·. . :9!2312009 . : 11141 · PC4S, U.O . Koo (8711 ·I 9f) Commlooloo · AP KeLNl.7~D INEllS FARGO BASEC ll'lli• : 100.00 "·500.00: Check ... : 9123.12009 : :: 1M1 . PC&.S, L1.C : · K-es (67&1-199) Commj~hm . P.PK!!e~NG2Cor WELLS FARGOBASl:::-.8451-·: 100.0<1 ·· .-.... ao.oo· Chid: . : · ... 9123!2.009 ... : 1841 : PC&S, u.c : Xu (6781-1 92) Ct:~mm!Mloo "APKoolNl. 7~2 WELlS FARGO llASECS-459 · 100.00 . ::-300.00. Cl!ool< 9.123/2009 . ." 1t4\: POAS, LlC : K.. (6731·1 9S) Commi>olon /lPKeeANI8S2 Vval.SFAAQOBASE~M&Q : ·. 100.00 .20(1.~0: . Che-ok · ·, .9JZlt200!il'. . _: 1M1 : PC&S, LLC .: . Xee (67B1-199) Comtmalcn APIP Wut LFG S6S. ·WELLS FARGO BJI.SE·. &459- . 1.50llC. :-Jsa.oo Chttck: ·· ·· ·· 512-tao~g 1$81 · : PC&.S, LLC . . W.et-t{67!!1-215) Comm!Mion . ·. . . : .... =~~G"3"BME·Bo!SI =FARGO~E-~59 ·· 1!1000 .. o.ao . : Chec',( 1Df8f.2D'Cl9 2004 PC&B, LLC:: Galri\rer&KI"!'fi}nmtlh{i;i:71!-I-Z~~ Ce-mmllll'lln 1 ,&00.00 ~1,51l'O.OO ·:. ChOolon. : /4P GaU!vtlr&KII11gl!'nllmlth AXA148 ·..... ·"!Mill..s FARGO BASS 84$S 150.00-' . -000.00 : ·;,·Check 10!61'2Mfli · :zoes.t .. ."pe&s,u.c: · Gll:l11ver&Klil'1gmnnith (6781--2:5.2) C:orinrl~: . AP Gd~t~r&loo . . . ""APlyono~RAI00201" .. _._ : WELI.SFARGOa$PI.IT- . . : _.. _. ." .. :1,5<'lQ,Ok 10J71200J . . 2107 : ... /'C&S, 1.1.1):: . -T.,.,I_$ Am<>llnl: ..,,m.oo· .. APDlivb-iRAAGl73L: WELLSFARG08ASE~845S: :· .150,00 -1~.00 .· .Che<>k 10171200& ·.· 2107 : PC&S, u.c .. ·tJoonooo: PouiJ.Nioi<(IQ.Oooloo --Ai'~RIIAN1432 . . WELLSFARGOBASEC .. so. .150,0olon · · WELLS FARGO !lASE· &159 · .. :. '-..SPLIT- . . .. . .. 6,000.00 -<1,000.00 Cha<:~· 10!9J2CIQ"!il · 2~58 :. · ·. PC&S,lLC Cient Pllhrr lrdu11dd- IRA . ·-AP Mul'ieldP.IRAMET6"". . ... WELLS FARGO MSE-&150 ... ~00.00. . .-5,-400.~ . .. _.Check. 10Jmoo9 :: · 2153 · PC&S,LlC · . To !.IllS Am«.tnt: 200,000.00 · . . .1/JP M~d,P-rRAAG~ r:ll: ·: .VB..LS FARGO BASE.:&i-51lr · . BOO,oQO -: .--1.$00,00. Chocl< 10Jmoo9 . .. 21SS · .. PC&S, LLC ·uceneeo: Ran Thatnpaon (JD,OO%J .AP ~ld~P-IRAAXA-l!.04: ·. · : · : · ·. ·WEUS FARGO BASS.- 8451il: GOO .oil -o\,20(1,<)0 M.o:rlleld-IIIA(B7$1·1~11A)Comml!;oloo · AP M0lr11oii!,P·IRA LNL 762 · :.. .. . :. WELLS FARGO BASE· lloiS~ : 600.00 ·3,tm.QO ~= Check· :g:=: ~Otor.2009 ~:~ .. 21!8 . • ~~: ttg. ··.-~=JOAS 1 lLC. Mo>CIIold,P.IRA ANIOii2 :. ..WELLSFARGO llASE ··llol59 BOO.OO .. '1,200.00" C!iocic. iO~ . 2150 .. --PC&S, LLC · Maldleld-IAA(ti1!1-198A) Cotliri\l!;o!on ."AP Mmold,P.IRA LFCl !l6e . . I'&U.SFAAGO BASE' llol59 . .. 600.00 · -<~oo.oo: · ·· ·· O.DD· Check. . Chock: . Chi!J~ Cheok: -· · ·. 1\l/912009 >21~ .... PC&S, LLC 10113i.BI\SE·.B-159.:. ~~FAAGOBI\SE-W-9 .. .. ·:.·:. ·..Will.SFARGO I!ASE-64~o:· ::. BOO.OO ISD.OO 1~.00 ·7"".00 . ---750.00· .. ..-MCJ:.no. .-45o.OO. Ohod( · W13/2D09 : . :2212 .. .. PCJ.S, LLC .. · :.. ~Mee: JIJIS:tlOG c. •J~ock·nu~. Sr. (10.00%) -APLon~.M ING201. ·:.· .. ·:.WELLSFARG08ASE-Ilol~9.:. .. 1~.00 :-30.a.i59· .. -1,3!1(].00:. ::Chod(:: .......... 1012712009 ·2575· PC&S, LLC. .. Tob!l $ om16 \i\IE:ilLSP"ARGOeA$&~1-45ill WELLS FAAGO BASE, a-159. :. 1,000.!10 1,000.00:. ·-t,DIIQ.OO '-<~.000.00 .·Checlc : .......... :1Clt.l:er.!0"09: . . 2621 : PC4S, LLC · AP Cali'!'beli·LNL 7'~ WELLS FARGO BAS!: ·llol59 . 1,000.00-. :-!l,OOOC&S, u.c.: U~~~«. N&Vih V Abrahi!m (I 0%) AP~.L.-IRAAX.A,-Il0-4 .· ..... "INEU.!3 FARGOBASE•845-i 1~.00 : · :-1,0SD.oa • ~~:~ . .. .. ·_ Ch!M:k :- H~~~5 . ~: > · ·. · · 1 012912009·: .. 28f0.... PC&S, Ll.C ~:: l±F CWes!.KHU~H. . WI!LLSFI\fiGOilASE·UOO. 675.!10 · .-.:g;::: :· ;·: ::-:: . ~~~=:--:: -:.;:~-: 1 :-~g:~tt~: Tela!$ Airloul1f: lO,ooo.oq Ll~eo; MIM Mlem (8.00%1 · ·APWOO!,!(LUOQjl; ~Wnt,KIJ;;t.A148. .·. ·:WI!LLSFMGOeAsE-~6&; . ... INEU..SFARGOBASE·k.51i: · 67MO : 6'15.00 : ~2~tt25.00 ; -1,3!ih""· ~:: ·· ···· - :- : ·: 11J4120()g. ~~~:=~ •· ·2032 ; ; PC&S, LLC • ~:~ -~ ~: ttz : .Cbmmm.IDn · ·· ·· ·· · · · ·c.i.nt iu.t!O.:.c: liiow, &. (67B!-3&l) · APWool, K LNL 782.. . . . ·v.at.S FARGO BASE- 1'151 c · · 1/vELLS FMGO BASE -11451 • . ··:.sPLir-: • . . . 8t5,00 1so.o6 .. 751J.OO. .: .OM ··750,1)(l . ·-600.00: . •••w:=: <:: •· . • ·APTitiow, J Hllif~. :. ·wa~.s FMGo llASE-11459.; ; · Cll;,o . 1114/200g .: :• 2U!Iil ;; .. PQ.!.S, U.C . Tm.J$-:25,000.00 ·· ·· · . . APTIIfow, J NV.904 · ; Vvt!LLS MRGO BASE·III59 . 1:5liJ}0 ·._.'"-oo':·· · ·c3oo.oo· .. · ~~= ~atg • · · Ut:enJ.e.e;JU31JI!fll c. •J11ck"iitlow, Sr. (10.00%). AP'r~ow, JNV. 148;· .· WEU.SFMGOBASE,III69 ..... 150.00 < . · Cheuk .... 11/.41.2.009 : .. 2850 .. _. PO.&S, UC · ··commiu[on ·· .AP Tl!low, J LNL 732 . AP Tm.., J lNG 0311 ·· . . WELLS FARGO BASE' 11150. ; · · · WELLS FAAI30 BASE- U59•. • · 150.00. I!IQ.OO ··:·150.11-D' ·. . o.GD· . · Ch ..~ ; ... 11/SIZOOD .. •. ~81!5 PC&S, LLC WELL$ FAAGO BASE ·11159 · · ;; •. ·.SI'I.Ifc' ·: :. ·.;. ·;. . . ' : . . . . ;: 7:5o.DO · ·-750.0D .·. bhi!'Qk . 11151200~< . .2195 ·_ ... ·;OC&S, LLC : Ollorn: LJ'Tll1 Brown-IRA (67B&I-:Ii5) .: ·APa.-,l-IRAHlJII14 · WEllS FARGO BASE-11459. ·1so.oil ;..600,00 .. Chiok · 111512Q0L· · · 2895 ·: .. PC&S, U.C . Tollii$Arr<>unt:26,000.00· · · · ·Af> B.....,,I.~RAAXA 804·, ·. \M!LLS FARGO BASE -·11459· · ·15o.OO ·. .-450.00 .· Cheolc : • I l/5f200~ · •. • · 28&5 • • • PO&S. LLC . · :-: Ucenste: Jo. fl'l!llic:lli (10.00%) . pSj E!irown,l...-lR.A.IN'G 201 . WEi..LB FARGC BASE--:-·1!.459· · .150,00. · -XtO>DO :· '''ChlrCk 1'1~9 :. ·: .. 28!Mi. fie&$, u..c · CO"rnm!Nion ·· · ·· .. · AP llrown,l•RALFG566. . WELLS FARGO BASE-11459· · ·l!i. 2fUt5 ."- · _. Pc&s. UC ....... Af>Br...,,l~RAAGL002 · · . · · ;'·WELLS FARGO BASE•.III59. :15a.OO : . o'J'CIIIio,NLNL2SA APCI~o, NW 899 .. · ::..SPliT- :.. · ... . :....... . ····; W!':U.SFARGOBASE;,0459. ·. v.aLSFAAGOBASI!,III50· .·~~~ • . . 1,200:oo -1,200.M. ;-1,coo.oa . · . -900.00 · . 'Cho~.-· .. - .- .-- 11/li/200'11 · 2924 ·· ·· PC&S,LLc· ll<:omoo:S!Opll"' G. Mclotyn;(IO.o~r · · APCIIno,NLNU'I') . JPLIT-.; . . ·.· .· . ;lt,OOO,OO -6,000.00 ·.; . c1iri Oalo& L~~ c~~beil (!1'1olc3liA} . ~= < ~~: .. ~;t::g Tottd$-dmOI.Ini$1:$-0,IXIO · • AP CoiripboH>&L PU 930 · .· ....... WELLS FMGCl liAS!(' 11459. ·APcsmpb4t!ID&LMIL062 · ·· WEUSFAADDB,A,SE.:..a.t-59.· · ·· · · • 2,000.01) : ·. ·: .... 2,00C.OO -4,000.00 . .-2,000.00. : . ·.··C/o... ·;1/11l/20mi . ~39· .. ·.PCl.S,LJ.C. Uoonooe: Noll C.-1'2'11) • ;>'J'Co~bol\ O&LI>tll521 . . . :::: WI':U.S FAAGO BASE.·.IIISO · 2.000.00.; o.oa·· .. Chedo:-- :11/1012009· __--· -~o.··· PC&S,LLC INEL.l..B FAAGO B.ASEY &459··. . .. ·..SPliT..:.: ..:: .. ·.·.:_.. :·_··. · · · · • :1,000.00 -1,"00[JJ;JQ: . •: •: ·;ch·o• SO!ullono lll'. ...,.,~ro;; Cillo!< (10%) : · ComnltHIO:n~ : · :~~:=:~j~:-::~~- :-: :; .://=~:gg=~:=::·_::.·:. ··APPik&,E~RALNL740. •· .. c•. •.. WELLSFAAGOBASE,...,; .:·.·· H9.IO·· . 140.jl) •. H9.1o · . ·L!K~.10. • -894.80. .·7~.!i.O ·.C/1&ok'· 1111DI2~og ·::~74·:' PC&S,LlC ; ·AP PllY.TW i.IIO. ·•• v.at.S.FARGO.~E' 11159 . ·-2,560.00 :• 381  .. . .. . 1.o:4ll.A!! RETIREMENT VALUE, LLC • KPKF Books •m:r~t~ Payments to Licensee Defendants AcCNIIBUis· March 2iloil tiln.u111i ·March 2<110 ·Typo Dl.to Nuin r.l"""' Acool..nt spin·· Doblt Ctodt a.-.· ·: Chook· · :: 11/121200!1 .. :!063 PC&s LlC Ucen~e: Ed!'F'rOhd G, Bl'b'M'L (10.00%} AP MID\I,T LNL 7~ .. :WillS FAAGO BASE, llol59 ~20.00 ·!,600.0\1 . . Chook: · · 11/12/2009 : . l063. . . PC&S, LlC . AP M-!D\I,T F>U BJO · · ·WELLS FARGO BASE" U59 . 320.0!1 ~!,.200~0 ·. Chfi-Ck· · · 1111212009 J.D63 . PC&S, Ll.C - Ml Mc~ntftY,T LFG 585 · · · · · · · · ·IJ\IEUS FARGO BASE- 8-459. 320.0!1. . -SSO.ClQ Check : ~ 111:ztZ009 . . 3063 .... PC&S. L.lC N' Mcl!Jn~,T AGL tJ.S2 "INeLLS"FAR.GO BASE> &11159 3-24l.OO ·-.oo· .·ct~..,ct·· 1111212009 ··- . 300-l ·PC&S,UC AP M FMGo BASE·- &49 tso.ca· -$QQ,O!I : .. ··Cheek 111171200!1 . . 3~3: . . PC&S, LLC To!>! $ Amount' :;i!i,OD<).oo APKtol!tle-r,S LFG:SI!Ifi IJIIEL.L;;i rAAGO BASE- 845S 160.0!1• . -450.QO_ .Chooi<·: . 11/1712009 ... 32(13 · PCOS,LLC UCI'II"!:&II"~ iom ~~ (10.00"'Wi) APKeonot,$AGLD$2. I'IELL$FAAGOBASE·a.l5!1 .IS<'l.lXJ. . -300.00. :.oheok . . f1/17.120M- ·: :3203 · · · · PC&S, LLC ComrnlHlOf1 J!.P Kftrier,S L.Dl n1 . . . WELLS FARGO BASE~ 8459 . !51J.OO . -150.00. :Ch.,C!k. : 11/17J200:9 ·3203,· ·· ·pG&S,LLC · \50.00 . ... o.oo. _Ch~ . ··1111$120~ 3269: PC&9,LLC. ~7~o~~E·H~O ~FARGOBASE·HSlt OOO.DO · '·~.CD . Check ..... 11/1912008 326&: . PC&S, U.C · · cuon" B!l Spor!Ot.on FOO ~ s,;,.,.., {G1~1:.0aa) . AP Sp1ricrMn,EI FSO Ada.mAJU\."597 : IM:US FARGO BASE·~ 8469- . 300,00 ·30D.CO · ctleck . .1 1/15i!.l009 32tl!il: · · PC&$~ LLC : To!B!IAmount' 1C,OOD.O!I . M' SpalicmatJ,B F80 M:am ~U 140 . !Na.LS FARGO BASE· $-4.59: . :300.00 O.CO · .Chock:· 11/1t/200$. :.. 3273: . PC&s,LLC V.P Rld"Hnds.T~ lNL 740 . WEllS FARGO BASE~ &459 300.00 -2,100.00 . .Check ··1111SI./'20C'9 3273o . . . PC&S.LLC- . ·: iotal $Amolint: .w,OOQ.OO . · APRioh-·TTU>t\00201 ·' V\'I!Ll.SFAR<>OBASE·H5o· .. 3DC.QO . -1,000.00: . . Check 'HN9.®CSI. . 3271: .. PC-&5~ LLC · UOI!IIt'IH-e-: Ani Capital Ac:Ms~. lLCIBill Sp~l"1u'nan · W" Rleha~.Trua"1 EM LNL:; 782 . WELLS FAAGO BASE;.· 8-450: . 300.00 -1,500.0~ . Cheak · _11tl91200s. · . 3Z7J. . . PC&S, LLC · Ccrntt"llnlon : · 1--P Rldlen:t.·Tru&t PL1 SBO · · · · · · · "WEllS FARGO BASe- &459 . 300.0!1 . .,1,200.00 . Check · ·11t1912DC9 3Z7:J. f:IC&Sj U.C AP Rlchirdo Trust AXA SD7 · · · C· · 1M!LLS FARGO BJ\SE _. Hoo. : 3oo.oc· : -900.0!1• Cheok :11n9r.!Oil9 3273 ... PC&S, LLC . APR!ol\or-do·TruotEMAG.I)62, :o .. o1M!lJ.SFAAGOIIASE·HS9. lOO.OO -600.00 C~O21 PO&S, LLC : Uce:ntee: R~~:ndall N. Fcr11m~~11 (t·CJ.CO%). AP~ot Co~l!o\ A11 Sp.ori:mon (10%) . AP Gorolornnm PLI6110 . . : : WELLS FARGO BASE· HSS : 30li.DO : -1~oo:011: . Chool< : 1112512009 · · · ·"'29 PC&S, LlC comrri~ani". . APGorcao·TnmAXAS97 I'BJ.SFARl.OO .. . : Chedl 1112512ClCIIil · · · ·3429 · ·PC&S, U.c APGordan TNI-tAGL08Z. . VUELLSFARGO BASE -IM!511 . 300.00 -1'100.00 Chid; . 1112512009' . 'a-429. . :f'C&S, LlC . Nl Gordan"TruMLBL 771 . YIJEllS FARGO BASE- 84£:9. 300.00 -3DO.oo: Check · 11/2512009 · · : _:W29· _:~C&S, Ll.C · JIP Gor~n T~ PU 1-4f _'M:U.S FARGO BASE • 4459- : 300.oCO D.OO· :Total~.~"c 1l2,ll?S,:98 1321"87"1l,9ft: o.oc· : Rand•WN.Fq~-- . .. · Check: .. 1Dr.ZBI'2009 .2e5-4. Ra!1dal N. Fl)f'tji'I'Ulf1 Wl;LlS ~AAGO BASE· ..... · ·:-si'UT·' : 2,500.lXJ . ·-2,500.00 . ·. Check:: ........ 101281200-; ·26!!-ll ·· ·RanMDN.Foreman .. Client: Bob<>lo N. Horlon•lal" (67a1-335) N' H11rtanateln U>fL 761 M.Ll.S PAAQ;O a.AS!iii- e-459 500.00 ·2,000,0!1 . .- Ch~k ' . . 1012812009 -2654 -'Randal N.. FOftlm:an. . :Totti $~nt: 25,000.00. . . , AP Ho~onml" AAA B<>l !MiLLS ~ARGO BASE· fW;9 500.00 ~1.5QO.OQ .: Chooilr (6781·;;~ : AP Polr,E W &9S . WELLs FARGO BASE , 54S9 · 500.00 ·2,00!1.00:. . Cheok ....... -1"01301Z009 :. '2710 R~tm:ht_l N. F~mM. : filj~l $ .llrTKIIJnt $25,00£1 .. : /tP Ptdr,EAY.A-80-4 Ml.LSFAA.GOBASE-8-459 . 600.00 ·1.~00.00 : Ch-.Qo; :1Wl01'20Qg · -ZT~C Rand3l N. FoM!ftUIIn : UC6fl"IIH.! Ra!"Jdzl:l N, Fcr~~-'1:"(10%) FoP Palf;5i AXA "''"' : · · :: \I'!IELLS FARGO BASEL &459 500.00 . •1,000.00 . Ch'ltCk -1-o/3ct.zo-o9 '2"7HL .. 'Aa.nda-Q N, rar.HnsJl. C:ammlsa!Qf'1• : AP P1lr,E u-.IL740. . . 'WELlS FAAGO BASE;.U59 soo.oo· · -..500.00 : ····ChKk·: .10M/2009 : ..2110: ·RandoiN.F""""••· : AP Polr,E lNG 039 · · WELLS FARGO BASE -a.!S9 50D.DO : MO · ·-"-Chll-t* :11112120:09 ...3031.. Randi!J NtForemart: . 1M!LLS FARGO BABE· US~·· · · · ..SPI.IT· ·.:.: .. C. · : .: 2,500,00 .·2,500.00 CheOk ·. .:11112.12.0.00 3038·· RandiiN.• Fwo~~m:rm· : cl~t RPbert R. Sk1Mer(S711~5~) : AP Sldtinar, R AXA 8Q.4 . . : · \IY2LLS FARGO BASE-· 3459. 500.00 ·-2.,GDO,:QO Check.-· -1111212009. 3038. RlndillN.Foreman· ·Total$ Amourrt: 25,000.00 · AP Skfooer; R LU 599 · · \o\'8.lS FAAGO BASE- W9 500.00 -1.~00.00 .. Chllffllc · :11/12/2QOiil ... 303ft.·.· · R'"ndf!]N.Foreman· . U~ite: R11il1h1U N. Fo~ml!lln {10.00%) AP Slc:mer, R LNL 740 :. 'M:US FARGO BA.SE-:009. 500.00 ·1,000.00 · AP Stk.ner, RING2tl-1". . : w=L..lS FARGO BASE -·84:5:!i 500.00 · ~.00 .. ·check. .11/12!20'09 .. ·:3038-:: . R.llndaiN.Forlimllln· . CommiHion . 0.00 . ·ctrec::l< · 11f12.120Q9 ·.· ·303& .. ·. RarrddN.ForSman: . AP Sl:ihner, RPU I-4D ·. . : WELLS FARGO BASE ..:845! 500.0!1.: ·C.hedt·· :1tt23!20~· 3317 · R11ndt:~N.Forcman: WELLS~ARGOBASE-.H50.. '$!'\.IT• ·. . . . .MDO.O!I --5~000.00 ·: C?,eek · · f l/23/2.009 3~17 . . Randa~ N. F-oreman : : CiiHlt Jl!lme. & Shl!lll• Hl!reld (6781-'35) : AP H~artd~J UJ ~YEt·.. V'IEU.S FARGO BAS,;:~ 8459": 500.00 -4,500,0!1 · ·Cfie-ck :11tl312009 ·· ~17 · RRndd N. F"!"l!ln'lsn :Total$ """'"'"l' so,ooo.oo . . AP Hoori0-o%)" APHoorid~LNL26A·· . ·: !MOLLS FARGOBAS&-HS9. soc.oo: -3.500.0Cl . Cflec:li. . . :111231200~ .3317 · : · RandlE N. FMflrnlln: . Cemmit&lon AP Hoorld,J JPI ~82 · : IWU.S FARGO BASE -:H59. $00.00. ~:&,000.00. . Check".· :11t.l31200t 3317 .... RM"Idal N. FONJt'nat1 . AP Hooold,J LNL712 : WELLS FARGO BASE· H5~ 500.00: ~2,5-ati.OO Ch~l< 11!.2~9. 3317 . ' .. Rar.daE i'LFOfM'II!Il . APHooold,JPIJ 6!10 .. : WEl.UI FARGOBASE·:H59. 500.0!1 '2,000.0!1 ~S . {1\JO.OD . "1,500.00 . Chad: "11!2312009 . l317. . . "Gd:all N."Fort~mllli : A? HeBrld,J·,AXA 5.97.. . . ·:. ·.: . : FARGO BASEr &45-9 . Chel$. :11/23/201"$" ·· 3317· ··~nd;~~lN.Foreman : ·AP Kolllld,J AGl 062 WELLS FARGO EIASE'.IIol~. · . 500.00 .. ·1,000.00 Chrtci; . .11'-lJnQOg. · :,!.317 : · · RBom.l N. ForemM :. NJ He.at1a!,J LBL n1 · .. : WELLS FAAGO BASE -·8459 500.00 -50!1.00 Chaok ·· . 11J2312DO:a 3-317 · · · RMdll• N. FOfll=m~n·:· NJ Hear1d,J PLI140- . \IVE!.l.S FARGO ~E-·a..n· . 500.00. · a,oo Ch-e:ck . . . :31251.201 D . . . o49JO. AllilidBI N. FDl"-em~n WELLS FARGO BASE· H50 : . .SPI.IT~ · 1,500.00 '2,500.00 . "Ch&cl! : · .3125J2.010 · 4930 · ·· R11ncllrl N. F0011man . en~ml: M!!nl! Wi~hlf.t""~~- IAA (G701-363A) Ml ~~i"e.A-TRAD IRA /liAA.-335: · · WElLS FARGO aASI:.-:8459: 500.00 ·2,000.00 · .Check 3.1251261 D . : 111930 . "Rnndttl N. Foreman· Total $ A.ina~~:25~00D.OD AP'MIIoot>i"o.A-TIWJIRALF0311 :. WELLSFARGOBASE·.a.IW .. .:1100.00 .-1,500.00 .~ . .312MVIO!W . !MOLLSFARGOBASE·:H5.o .. !500.00. •1,000.0!1 P... IU. 382  . : 1o~i.r.i ~~~~~ME~T vALiJe, ~Lc; .~ K~l<~ eooks ·•· . :_ 02123113: Payril~nts to Li~~nsee Defendants · ~~Ba~l··· .March 20119 !hrouQ~ Mareh 2010 Typo l>n" Nmti ·r.~emo ·:c~lt_:_ . .. .. . . :_ch-eck<· 1Ct29!2009·· ··26133 GllryO!Ncr- · WS-1.$ FARGO BASE· ~59 .: .SPLIT·· ·· ·· l ,000.00 :,,imfi_pQ : Che- : .· ·Chock· . ·:· ·: .10~12Q(lg. 2663. GoryOI~or· : Ucen:se21: Ch:ruiM Dnvid Gl"llly (13%) NJ Hi.~tt,N.JAA/Jjf.Aao4 · V\"E!US FARGO B6.SE- 8-459:. . 1(10.00 .... ·700.00 Com.rnb:alon . Pi'Hammett,N-IRA~146" ·W::USFAAGOBASE-.Bo45CI.. 100,00 ·.· . .:-.oo : __ QO· NJ Harmlell.N..JRA.LNL 740: ·: MUSFAAGO BASE~ 8450 HKLOO .... . NJ Hanvnett,N--IRA lNG 201 · · _: YIEUSFARGO BASE -·8459. 100.00 : ..WOJ)o:: .. ----Che-l:lk'· : .. · ..... 10f.l9120Q9: 2683 :··:·GttYOIIYar"-: . AI' HOotin.U,f.I.IRAANI 852: : wai.Sfi\RGO BASE· .~59: 100.00 :-30MO·: .. · ··.·.,·:.:-"~:=J·:·· ··.:Chock.· .. :: ::<·:~g~=:::-": . . . . . 1111012 ·=::::::~:: "540.00 -&40.00 . . -422.00 ·: .: ·Ciloc< · ..... 11/24/2001J . Total$ •moiJnt ~7.000 · · · ·,t.,O Neoi-Nol>le,C.IRAUl8911. · · · · ·. MUSFAAGO BASE'64119 U>3.00 .. -324.00 .. . ·. -_-:a,acll . : .. :. ·:1112412009. ::,: 3l75:. GlltyOitl/ftl' J.J~nne: JarMI."Tifl'Y'" Rote (13%) ·AP Neoi-Nobla,C.IRALtK 78~-- . • .. · .. V'II:U.S FAAGO BASE-1Wi~ · 108.00 ·2\6.00 ·· ·:Cha-cii._: 1"1r'2-41200" .·. ·: aars·· G11ryOOvef· .Qn~cm.... . . . · ·It? Ne1!11-Nol!lle,C-IRALFGI'506.. ·: WELLS FARGO BASE~ &45:st · · : ·. · IOi!.DO . . -JOMI':f." ·:Chock·.: . :1112-4120(lQ ::· 3375: GoryOIIvor · -APN'cuii-Noble,C-IRAANI:!i2_1 · ..· .... : INELLSFARGOSAS:E-·M!I:EJ. ·· ·· ·· ·108.00: . . . . . . . . . . . . . :· o.on :_- :' . . :Chock :: .:1211012DOII · . eFT.: Gary OlivO< ·:. ~~~~Oit~ 1~(6181-424) .\Mill.S FARGO tlASE'·II4~ · · -SPLIT-_.. · :. . . : .:. ,_: : . ·. 2,25Moo.oo. . : -3,QQD.OO : : ·.Ta1af$Am~nl~.c:lOtD00· :· :·.·· : APAmoto Al'A•I>I . 1+000.00 .. . :~:;:: ..,Chtek.". . ·: 8f27120(llil·· ·1505 .· :Giobi.IOnii-Difllt::t.lLC: _ ·1'\'ELJ.S FARGO BASE· Mso :.Che_elc: . ....... :.812.712009.. ·.".15CB :: :G1obaiOn~Olr~Ll.C: · . -:UcenSal!li:O.X,_"porr..._IWse.ntr(1'0%) · AP Amoto ANI 952 11\aLS FAAGO BASI;' .... l.ooo.oo : :Chock. · · · ·_11127!2009. :: :·1505 :: ::GioboiOooDiroAmalo I.FG ~ .1'\'ELJ.S FARGO aAse-8159 1,000.00. .:_:~~:- : :~=:: ··: HH ··Chmc·· .. ·: .: .: :._51J1:Sl.;!COfil ··: ::1711 ·: .::Oiob:aiOn-eOir-llct,LlC":.-. , . G«-cfl;t~ny(B78f..174)Comml:u.ICHI WEU.SFARGOBASE-11459: ·.sPLIT'-·: .. : :. ::.: :· . . ·1-,020.00 :. : HO.oo· .. ·· · · · · 1,620.00 .. 9/11J1200S. · 1721 ::-~:::~:sttg:-:_:-: .: Glcabill Ona Dlrei::l, 1-f,C. , · · ·-: .:·_ : ::-:::_:::~:<<::~-~=::~~~7=1~~·{-1o.~f-- ·· · · : · ::.-: a.llumll'l• ((1781-183) ~'"~ .-. · · · fVl Gotdiany AGt 73L · AP Gutdlany A:AA. 8Q.4 A?GordlonyMAM·sso WELJ.S FARGO 8ASE:.M~9. "WElls FARGO BASE.- 8<159 . · · ·: : Y'l8-l-9 FAAGO BASE:..._&459 .. : :. -WEllS FARGO IWIE•Oo!SO .·. ·:~PLIT·:·: :: ·: :· · ." . . . . . 5.14-0.00·.· &IO,QO 7,000.00 .. . -.!,000,00: -040.00. .(!.~0 .. -7,000.00 . · 9/1612009 .... 1727 · · GI-Gbal One Clrect, U.C ." . Client: ~It!< & ~y ~~fll"rth~~·: · APBall!!htinaMET-11!150 · 'WBJ.SfAAGO"BASE-.~5!1. . . 700.0~. .. o6,3CO.OO:, . B/1-6f.i!{lD9 ·· --·1727 _-Gh!C111101l_1!101re.;t,LLC:: .......... ··.··.··.···-TaiDI$.Amaun1;350,0Q(I.OQ· · AP B.alen'llnnAGt, 73L·. . ·.·. -·VvB.i..s fARGO BASE'-8459 · : 700.00 .. -5,600.00: 9/iot2009 . ·... ·.. 172.7 .. Olabal Dna Dired.., LLC · · ...... : .. U~u•:.Jamft Strlza~ (S,PG%) · MJ 8aHIIIrnlfleAXA-llQ4.: . .·. :: .VIIELLS fARGO BASE~ 8459 · · 700.00 ,,4,900,00 9/i6/2009 ·.·. · · !nT :·:Glob~ Olio Dlro Ll.C · :: · :-s.ner1tln.e. (S781;H!3)Cominlufan .. AP !!ol!.ntiti• WPl IOl . · .·WI< U.S FARGO eASE ·ll'o59 ·. 700.00 : ,2.100.00.. :. 9/"'L612(109 ·.: 1727 .-·:· .. Glabal 0ol'l Dlrl'lct. LLC · .: Balletltind (S781:-1U)CI;l.mm1Aion ·. · A?Bo~ot : · .-:·:HI!ItilHOd.Z(6781~f36} Ceml1*Bic-n·. . f'.P Htmatldjjz OML-446 ·. . . . . . . · :WEus FARGO BASE: 8.459 : 200.00 .. o.oo: 9f18120-C9.. 1760::: Qlabll Qn, bnol;, UO ...... ·, · ·, · ·, · ·, · S:tar!l»t! r~(6781:-~41) CD1'!1'milxiDO 'M:LLS :FARGO BASE- 81,~9,. · ..SPlrr..::~ ::· -:· -:-· ·-:· ·.· ·.· ·.· : ..-::!21.72 .. 9,118.120-Cl!l . 1760 Global Otn ~ U.,C · . · ...... ·:-.Client Owayna Sblnten ~M . APstuoto•IRAING03&.: .. · -. -. :WEU.s.FAAG0.8ASE,II4S9 321.7~ 0.00 .i/24/2009: . 1065··. GloboiOnHlhot,LLC ......... BOtloAketoliolmei-~nni(OTt1·2UtCoinmi>o!on · I'I'EU.S FARGO BAS!!, -"'1~9 .. . :. ::_:·-sPLIT·· ... ." ."." :.: ·.:: · .. 600.00 · ·-eoo.oo· S/2o4/2009 .. :-.1a&5": GloboiOn&Dhot,LLC- ... __ CIIont;BottoAketoL~merTru.t: . . . APIIettoAJuorl'lo.l(r)tr MJ:T 0!10.: : ··: "WELJ.S FARGO 111\SE· ~~g : ·ioo:oo :.- ·:_.oMo: · 9124.12.00& · 1365 ·· Glll'bal On.e Direct. LLC ·. ·:·_-Tablj J·Am~Junt: 3:i),QOO.OO: :-. :. : :. · .. AP8elteAke01lIIiQ "1017/:2tl0!1 ·· . .- 2D&f· G'ob-~~On~;tD~ect,LLC-- ·. ·· "rDIBI$A,m.oL.mt~l:l,IJQO.OO" .: .. : · : .: : : . ./>PDur;n-l~AGI-..661 VYEUSFARGOBASE-MS9- . ··..-..a5.sa: ::· :1017/2009 _: · : · 2081 : G'®.il One0tr.1!1cl, Ll.C. :- UceM.!e; C1pltcl Anolllnd~I·IJro\.lp/Jame::~~ CtJnn {Hl-.00%) ·AP Ouno-IRALIIL5~!:. WEU.S FARGO !lAS~:£' 84$0:. . : ·.zro.<~G· . :1:Qf712001 : · 20211 : G~~~l'!! On_!'! O~rl!ll:1, LLC. : ~n IRA «'7$-HI~) Commlnlon. · AP. Dun0-IAA lNG 283. · · .. MLJ.S. F.t,RGO BASE· .$459 . · ··-mzo · 383  .· :10:40.A.r.\ · RETIREMENT VALUE, LLC ~ KPKF Books :a2/23t1:s :. PaymentS to Licensee Defendants A~N;iiBul& Mareh m9 through March 2010 : Typo 0.0. "lum M..,., A-ccoUnt Split. : &IM.w Ch..,.. ·Chm · 10n12009 - .10/f/2009 2081 · G'obal On a Clie~ LLC 2119 .... Global Otl.e Clr.ect, u.c Dunn IRA{li7!HIG) Co!Mio>lon Bt!::ade-1RA.(8781-267) CO:mmit.tCI~ AJl Durin--~AA OML «6:. W6.1.S FARGO SASE~I·m . . ... . 'WELLS FARGO BASE- &459 -SPUT- .· . . .· .· . ,LilDD.llO -1,~,GQ Mo.. Chec~ 10nrzoog 211.9 Gl~l OAe ClrM, LLC- CUenl: tllllry Bead!&.-IIRA . . . AP 8~!1dle-IRA.HU 1-14.: : lNaUi FAAGO BJI.S.E -14afil' 4M.oo· · .·1-.00 Chooi< 10n/2009 ·· 211-;·· GlobalatteDired,LLC . Tr>bol $Amount: 20,000.00 · AP BeoolObol $ Amourrt: 20,000.00 . . AP lleoL INeU$ FARGO l3ASE ; 11o4~9· . 200:00 . -o\00.00 ··e~.o..· .10fl/2009:. 212.0 ... Global Or..a Olred, U.C: Ucen'lt!le: Gary Beadle {8.00%). AF Be&de:.IRA lNG 2'G1 WEU.S fAAoJO BASE:: ~ 845!1 . 20U.OO : -200.00 . Ch&<:~ .1Cfl/2009- .. 2120 · · · GiaNI One Dlre-et, tiC ~~.e-:1~ ~!a~~~7J. Commlu!on AP haille-IRA l.FG r£6 · WEllS FIIRGO·BASE ·04~9 ~FARGO BASE~ -SPLIT·> . . . . ... M59' 20~.00 ' : .. Q,Oeek ·e~.ool< . 10l22121l09 : 1Ci22J2009 .· .·. ·1012212009 24oe4:. 2444.: 2444 : Global One Direct, U.C Globol Onol»oc\, W.C .. · Cllorlt!.Jrzom UC (S7!f·l39) ·Total$ tmoonl $500,000 . AP L.uzMn LLC KU 81• . AP l.!i>.on UC LNl761 . N:l.l..S FAR.oJO BASE~ s.t59 . : INeU$ FARGO l3ASE' 8459 t,ooO.oo.: 1,000.00 . .. ·10,000.00 _-9,000.00_ .. -8,000.00 ·. ·Cl>Ook . :1012212009. ~-. Glob"!IIOtl;e Dfr!o!;l;, ll.C . u.,..,..., Wiltom Evano (I%) .. APLII10!TillCAXAM4. : WEUSFARGOBASE,IIo459 1i000,00 ... ·-7000.00 .Cheek :10t22!.2009 · 2444· · Glob"lll One DirKt. LLC . _CGmmluJon . "AP Wzem LLC loXA 1~· .: WELLS FARGO BASE- &459.. 1,000.00 : ··•..&:ooo.oo Cheek ·10122120t'9 · 2444· Glol>ol QOo.Diroot, w.c:. · ·NJ.Lunm LLC LNL 740 · ~FARGO BASE- e-45i l,OOMO. -!1-~DOOJXl ·-..... Cheek -10/tti'.20M :z.i..«.. Glob.al Ontt Dirl&•IOno Dlroct, LLC .. . "AP Lu.r:tm U..C ANI B52 . WELLS FARGO ~E ~~59_. i,ooo,oo·: ·-3~000,00 o; ... 1oa:mtlou· Z«-4· · Globll Ont Dlr~ LLC · ·AP l.rrzom UC LNl182 .: 1'\alS FARGO BASE~ 8459 !.000.00 : -2,000,00 <:),eok -1o122.12o.os. ~ · : GloblltOn•~.u.c·- .. · · AP Lu:zom UC LFG - · 1'\alS FARGO BASE· &159 -r:,ooo,oo : -1 ~01):).00 . Chook .1012212000: 2'.#: ·: Glol>oiOno Dltoot, w.c · APUJzom UC lNG 0311: WEUS FARGO BASE '&459. 1,~00.00 : 0.00 .. ··.ohm .1oa:2!'2CO$. 2-46"5: GfdJa.!Dn•Oirec:t, LLC INB.1.S FARGO llASE -&459 · · · · : -SPLIT-· · W->.00 Cbll'lct ·· 1omnCl'O$. 2:~$-. Global On• Dl~cl. u.e ·"Client \MIIi!m J. -N"'-·r ·AP-:NH'h:TAGL T3l WEllSFAAGOBASE..:S-459: \ISU7 · ·· -333.:)3, . Check ... 10J22.12{1-0Q. 2465 GlOOIIIOti~OO~LLC·_· · Tr>bo!$ J\rnmidt(B7B1-314) :APSchmldtAN(852 :. WEU.SFARGOBASE·8459 .. . zoo.oo .. . -"100.00 Chtek· · · · ·10Q3/2.0Dt: 2490 : : Gt®11 Oll11-blled:, uc·.· · Tollllf$ amount$lO,O~ ··APSchmldtLNI. 702 .... :·WEU.SFARGOBASE-&150. 200.00 . :-200.00 :· Chock· ·1oi23110M. z.~to : ·: Glol»l On• oh""" uc· · Uoenooo: Emil t.nk.......~. Jr. (10%J · P.PSd-lmldl; LFG SM;·: ........ ·. ""WEU.S FARGO BASE~ !-459.. 2ml-.OO . 0.00 . Chl!dt ·1QQ912009 · 2879 · GJ-ob.al one- Dlrect.ll.C . . . . . . .. - . . ..... · :WEUS FARGO JWIE· 8459 -SPUT· · .... ~;goo .. -500.00 : Ctc.ck· ·· ·· ·· ·· ·· ·1.012m00il· 2$1e: : GlebaJOn-i--DlJ.eQt1 UO . .:cntntrlmatllyei.Kalllruia-IRA(67B1-333j M-'Kallln4 .. 11U5 · \IUS· 1H.&5 : ......... -«7.41 . -22!.11 .. Check 10r.z&'/2009 . :. 2'1596 .. Glob1l Ono O~raat LLC Choel<. 1om120oa:. :. 26tS .... Glob• I On• ~ LLc : APOtto,L~AA LFG SBS .I/IB.Ls FARGO BASE Ce.459: l1U5 · -11US Check· 1012912009 · 26&B Globe.! One: [)jre~ UC :. .APOtto,L~AAING O~li. . ::~FARGO EIASE-8<59 .. . l1H8 0,00 Check· nn3120i:tt: Ut&7 ·· ··GiobiiOn.e-·oaeCtjLLC-: :v.rEU.9 FARGO SA.SI:: ... 59 ... :--sPI.IT_: · .:-.·.; :· :: · .· .· · .. . 36\ ..48 . ..J.81,41· Chlltek: r111'JI2D09 ... 30t7 . :Global OnJ Oireat,. LL.C · cgem: s.c::m:t·~--Fealet~RA (1:1781-360) AF FMIM,S.IRA"AXA.·•cw:. :\Wl...UI.FARGC BASE-·t451i Hro.74 . ·180.74 ·AP Foelor.s-IRAAXA H6· 'Nal.SFAROO BASE,8469 HHl-.74 O.OQ Ch&ek· ·: Ch.eok: · 11/1312009 · ··3097 !:111Jf.ZOD9··· . .3121 ·GiobaJOn&Direct,U.C .GIIlbtiOneDiiect,_U.C TO!ftf $AmCKln~: 18,07-4.00 · · ·WELLS FARGO BAS~ L 8.4l)9. . . : ..SPI.IT~ .· :: ·:. :: ·.: J: .. .-:oo ..soo,oa : Ch"'* 11/1312009 ·3121 ·OI.,.,.IOn•Diroc<.LLC: Cll~:- Jam1~ &L~nQe L~.rM:r (87Ei1-31l7) AP Lolm",J&L LNL 2EA : : WEUHARGO BASE' 8459 200.00 -400.00 :Chock· !!/1JI2009 · ··3121 ·: :alob>IOnoDirooi,W.C :: Totai.S.1moun1 ~0000 . . .AP Laimar,J&l JNG201 : .. WE1.l.S FARGO BASE~ e-451jji aoo.oo . · . ~200.00 AF t.efmer,J&L LNL 7!!2 . . .. : I,'IJEU.S_FARGO BASE .:·8459 2(]0<00 .. 0.00: -·ctm:k: 11/1Jt200i ... 3121. :GiobaiOnDDi~LLC . U~c.t: DonF~~II:MM~10!'1: 'Check. . .. ··1:111312009· ··3135 GI~IOn&Olrf:C!.ll.C · 'NELLS FARGO BASE -M59 ·. . -SPLIT~ . 240.00 · ~24C.OQ Ol,ock: .· 1111312009·: ·:3135 ·.· .. GioboiOnoDiro""LLc:: : CUOntc.;.,;~laL~o~(S711~,' AP AQon~C LFG 506 . . . . . :WEllS FARGO BASE· HSQ 120.00 . ·120.00 : Chooo: :.1111312009·: ·3130 · ·:Giol>iriOnoDirec!,LLc · . .T~I.$ a.moutrt $12,000: ·APAgon~CAGL002. :·WEU.SFARGOBASE·Ilo459 120.0~ 0.00: · OllM!Ic· 1112Dt20DI ..... 32'96 ·:Global On-e Direct, LLC :. WEU.S FARGO MSE-8459 ·· ·-SPLIT·· . ~.~0!1.05 . -4,40U5 . Chock. !1/21l12009 ... 32te .: .. GioboiOnoDiroei,W.C. cuem::: eCri1eUB Lbtitiii AQtN (87131-o4bOA} APAQon~C-IRAJ\XA804. :v.ai.HARGO·l3ASE'Ilo459. iai.SFARGOBASE-8450· ... 0.09 .. -1~J:Zt~7 :. Cbocl<. 1112012009 . . . 32116 :>. GloboiOMDhoc!,l.LC. AP Aaoni,C..IRI\ AGL 002. . . v.al.S FARGO llt\SE • 8459 : . i<0.9tl . :,861.19 · ·Choo;l;· 11r.1012009: 32116 ·:.··mobol<>n•Dire..,LLO: ·AP -.C..IRA AXA I 411 · ... :· WEU.S FARGO BASE • 8459 i<0.99 . -«0.99 .. ' ·AP AQon~C..IAA HU 81. · :v.aLnARGO BASE -8450 : -«0.99 :: .. 0..00 Ch•clc · ·t112012D09 · ·· 3298 · · · GIClb-aiOn-e. Dlreot, U.C -: · · .Cho&ek· f1f2.4aQD$1 . . . 3-357 .. ··olctiiiOn-i Dr~ LLC: "\t\RLS FARGO BASE ~8459 ::· ... ·....spur.· ·· :· . . ··· . ·.· · 854.07 . ...,s-4.07 FAAGo"BA.sE. ... f.4:59 05:,,·1· -7611.66. ·_. Check- f1~009: 3357 . , . G~l Dlloi! Direct. LLC . ..CIIOot·,.,. HUDOIRA(6781·~19) APHusuMRAHU !-1.4 _:irVELLS · s . -663.25 . ·g~= ·Check. · · n~~: 11J2o4120D!il" ~:~ lJ~1 ~:::::~:g:~~ttg< GJclllllOne:Dheot,U.C. T-ob!l lmD~ $oi2T7<13.56 _ ~=a~~~:Rod.~;crt(e~) AP Hm>o,MRA W IU .APHo,.oMRA·AXA81)4· ·APH•,..A-IRAAXA 1411 · · :wa.Ls FARGO l3ASE·fi.4S9 :. ·: ··'Nal.SFARGOBASE-845i: v.ai.SFARGOBASE·8459. AP HLII=IM,A.-!RALNL 740 · ......... ·w.au; FAAGO aA.SI!- i-459 . U,41 : 15.41 86.<1 . -507.84.. :-512.43•• . Check· 1112o41200!1: 3357 :·.:·Gr.ob.a!On.iDir:U.rt,UC. . .8!1i.41 -127.02: Ch'Kk· 1112~: 3357 .. ""GIOOa!Oiiii!.Dfrtl-Ct,U.C :,ap H~A·IRAING:201 · · · · · · · · · · :VoiEl..LS i'AAGO BAS~-.«!39 05.41 .-341,111 CI'M-ck- · 1112.tl2009.·· ··3357 · Glol!lba!On-eOI~d:,LLC ·AP ~A-IAA:~I 0~2 waL9 FARGO BAS5- .s.t-5!1 85 .• , . -25620 c~: 11r.:!4.120Ci: :.:3357: ·Giobi!OrleOINI~U.C AP Hwoo.MRA lN!_ 7&2. . . "'~"'-S ~ARGO BASE -8451 83.41 :-170.75'. .foP Hwo!oMRA LFG 588. .:WillS ~ARGO BASE-8451 05,41 . -85.36. :c~- · 1112'-'20051:. 3357 Gleba! One Oirf!c:li u ..c ·.· check. 1 t 12412.009 . J3~7 . Gl-Obal One Dire~ LLO · · :APH•,..MRAINGm .:WEUSFAAG0l3ASE-fl.45.i 8~_.31 . 0,00 ~SFARGOBASE-&4!19 ·· ·· ·· ··-Bflllt'-· .· .· .· .: .: .. : .· . : 200.00 .......... BOil,OO . -600.00 CM-cl. ·: C~jt.. 111251:2008 · 1~12512009. 3400 J4Dil': · GlOOR! Qn.e Direct. LE..C : Gl®aiOneCita~LLC· enontW.do • D«othy iloa>Y (G7DH.I3) -~ Bday,'MDJPI.06.2: ·. .VYEU.S.FARGO ~~- ~~:9 · :~oo.oo_ .i>.V.M 384  .. ·: . ·:: .: .. · . . . . . . · ·. . .. :. ::. RETIREMENT VALUE, LLC - KPKF Books Payment$.t~ Licensee· Defendants·. . March 20091hrougit Mili'Cb 2010 .• Typo . D~-- ·:: Nu:~ """"". :·- A.CCOI,lt!t .. CJ;ttk : 11m.l2009 .. 3400: ... Gltibill Onm.Diracl:, llC · : T0 .. Ch..J<.· • •. i - . · 3559 · · · · Globol Ooo·Dlroct, lLC •.. • WELLS FARGO BASE-845t. · · . -5PLIT-":·'· • ·· · ·: . · •· •· •· . -600.00 •• .cfl:~k . · 1213J2000· ·. · 35:Siil : : ~lobal One Dlnd, u.c ·. Cllo.it lllrolnl• llolllh~•,. ·16711-'17&) 1-P Na}_c;.ba.-..JPI18l · · :. ·.· -~s FARGO BASE·~· 6<459 . --400.00: . . .C~..J< : 12/:l/21>0~• · ·lS~9 · • Globol O>o ~ lLC : Tabi_$Amount~il0+000,00 .. . . AP Nolgi,boro Llll. 771 . ·... l'oal.S FARGO BASE- 84Sll • -200.00 • ..~ · : 1.2J31200i;: · 35:59 : Globl[ One I>1111ct, UC : U'C'II119-e-e: ~U:&rn E. EiiMJ~-{11.00%) APNoiiJI1b""PU 14ll.. . ·· v.al.SFAAG08ASE•84511 c.oo. Ch..J< · · fZI3/200~. ·. 3S7D . . Globol One Dlroot, lLC · • · 'l.iaLSFARGO BASE- 8459· -SPLIT-:.. . . .5011.011.: ·-5DD.DD •. Check·· 121l120011-. : J570 · · : Glob•' Ont O!neet., Uc · Cllont iilollo.Shoiw(67a1-432) · •: AP Shw PU 140 • • • • · ·· WELLS FARGO 8ASI; .• M!$$ .. •. 500.00· ····o.oo: · ·c~liCk·. 1~1912009 . :31358 . :Global One Din::ttl, LlC : . 'Mll9 FARGO BASE ··8459• ·.sPLIT- · · · ·. · ·· . · 472~2 .. ·~72.52. Ch!Kk.. 12110/2009 · · 3!58 · ·Global Orie DII"Kt. Ll.C . . · Cu~t: L..aurM:h kln11tt, otb; IRA.(s7~t~tiA} AP Olto,Le.urerriRA lNG 201 • .. WELLs FARGO BASI!- e.l:iti 118.13 .. -36o\.39. . • ·COO,L>u""'"'RALNL 782·· ·.· · ·. WElLSI'AAGOBASE-·8459 118.13 ·11G.H• . Ch«k 1211D/2D09: .. •• 3656 · · ·. Gloool Ono Dlroct.lLC Commizl!llf;lll& ... . . . ..... · APOIIo):.ou-.IRALF(I56e: .. ·:.·· .WalsFMGOBASE·8459 ·•: 118.13 0.00 ::_-Che-ck. 12110J2[)0g·· :3$1 ··:· .. .;;il'llbZIIOneOlrect,U.C .. WELLSFARGOBASE-11458· .. , ... :.:.::SPliT'·::.:·· : . . ····· · ·· : · . · . . 2,319.91 ···2,319.91.• .: Ch..,~· 1:!1111120011 · • • 3661 : ... Gloool One Dl,.et, lLC .. •. . . · Cli~t T~~Th~-rriPaan iRAc678:1-414)· · AP Thomi>Jm,T IRA AXA 804. :: . . . . . WEllS FARQO BA$!5 -$.45t .• :i32.o0 . . -2,0!17.91 .: C~ecl;:: 121"10!1009 :·.".3661 .. Global0na0111!ct,UC·· : . Total $amount$11:5,a~ ..of6 · AP 111o""""",TIRA W 959· ·. :·:::WELLS FARGO BASE- 8459 231.9& . .. -1,8SS.9i . . · Chftlli:· 1:U101200i .... 3661 :: ·.· Globilt One Oirtct, UC: : ucer.e~: 'William E11m1 (1%)" . IV? Ttlompaon,T IRAlNL 740· . ··,···-·!~JELLS FARGO BASE~ 6459 ZJ1.9& . ... -1,6Zl.93 : Chack- :·: C~eek- . ··· Ch~· 1211012.009 · 3661 · · · · .GiobaJ Di'lf ot.-.ct, ue. 12110.12009. :. 3881 : · : · GID4lar One Direct, LLC. : .....1211012:(JQ;: ... 3661 · · Globl[ Ot\8 01.-.ct, LLC: .Com.mMIQilll · · AP Thotnptlbn1TIAAJN:q; 201 .· ... ·:.,.WELLS FARGO BASE~ 84!19 NJTho~,TIRA.tNt. 782 ·::· APThampA(In,TIRAPU 930: . .. ,._._ .IJVELLS~ARoOBASe:.~g . .. :\I\IELLSFARGOBASE-&459 . 231.99 . 231.99 . 231,99 : .• =~~~~:: ··•~112US CheQ~. 12110J2009 · · · 3861 : G!llil·af One Direct, U.c . AP Thomp~oo,T IRALFG :566" ·. ·"'WELLS FARGO BASE -"£1.459 ?:11.~: ·: --895.97 . c~ 12110J200S .... a&61 : Gtabal On a Dliect, u.c. AP TI10111P'00 1TIRA AG'L 062 . . -:: INELLS FAAGO lJASE- ~59 ~11>99'" ··~3.Dl . ~- ·· 12110.12008: 3861· · · · 01®•1 Do• Direcl, LLC: . AP 111•-.T IRA ANI S21. • • .. :WElLS FARGO BASE -11459 • · · :231.99 •-zlutr. = Ch..J< . . . . . . . . . . 1211DI2DD9 · 3661 · • Glob~ Ono Oli.O . ·• ...·.Chock g::: .. :•.··•·.•·· ··.• ·1:z110/2D09.·· :1(;00.• .~::::;:::g".:tttf. GloboiOneiJiro<1.LLC· · · iCtsU Rrmurd:.$1.5-,ooo · · · · U0.1)0 <100.00 ChDUk . 12I1W2009 -3692. · · Global Onc-Oi~ LLC . Tlbt"$ "llt\IUnl.$~0,liiXI: . ·AP Kol0<1da,TIRA UlL 771 • . ·: · . WELLS FARGO BASE-8.159· • 100.00 :· .. 0.'00 ·.:Chft~: ·· ·:,212312009 3793:· ·· GlobaiOneDl"re!lt. U.d •WELLS FAROOBASE- 8459 : ·.<.SPLIT· : • : · · · · · · · · • • . . ... 1,377.59 -1.377~9 ·. Ohool< . . . • . • ·1212312009 . · 3793 · · · · Globol Ono Dl(ool, lLC . . . . • alont:Terrv111~n<6781~1·A)• • •APTh-.TAXABC>I.• •: W8.LSFAAGOBASE•8459.. 172.19 ·· •-t.205.olll : Ohed; ·. . .... :12J2JJ200!! .. 3;793: Global On!'·DIT&c'!, Ll.C : · . • rotoi$Amwnt•GSm9.5+ •liP Thompooo,T W 599. . · WELLS FI\RGO llASE 0 fol59. . .. 172.20 : · . •·UJJ.20 ·. Checlt . . 1212~ · 3193 • . • . Gloool Ono Dlroot, U.c · Ucensee: Wil)ll!lltn EYM:s (1,00%-) .... · :•APTIIompoon,TLFG 140 • • WELLSFAAGOilASE•8459. . ... •112.20 ... -46!.00.. "·Checlt ...... •:. · •. · ·1212).12009 • • . 37U3. . · Glob>i Ono!Jire,T LFG !I&!; .• :. · .. """-LII FI\RGO BASEC8459· · • · • 11:!.20: -3"'4.~0·· ·:-::g~::: ... :~=c:.::-:-~~:~: ~: . :~::::~:~:::tt~:_.- . :.· . · . . : :.:· :· ·:.· .::.:: AI'Tho_..,,TAGLC62 ... · ·• .. : WElLSFIIRGOBA8E'84S9 .·• Ml Thornpeon,T !"NI 521 · :· . · Mll.SFARGO.BASE- 8<4-59. . 11220· H2.2U :- .ooo.cc -m.:~o.: D,DQ.: . : . ··Chock. • .. · 11112<>10. ·. . oFT·· · · . Globol Ono.Ol,.;,,llc.:. · · · . · · G•odorii,EIWobolh (6'18HO~) Comil'IINiono .. . Wlll.UFAAGOBASE-1'!50: ·: :: .. .SPLIT;... ···'····· •• .• •· -500.00 .. Chack ·. . 1i7t.i:010 · · ·_- ·EFT·. .·Global One Dire~ Ll.C · · ·: ·: :: Comrn~t;Jf.l ·· ·· · · . . : ··.loPGuad~1 E!LFG:Z72:: :. ;· ··:.·.·.· 'i'\ELLSFARGOBASE .. S,.C.5D _166".00: -:rl3.;K .. ~=-: .. Child!;·: .;·.:·~~:~g: :.·.--~~::-- ::·~=l~:~:::~g::. _: ·· :: 1f7/2G10: ... ·:·EFT.. "GI~IIOni!,Direct,.Ll.C_.: :. ::~·:::~=:-·· .·: . : : :.: .: :.: .Jooea,O.snhdtRA(e78"1-M1)C"oTTim)iu.lOn · ... '. -AP Gmdorfr1iE LFG '83 · · ·.·. · ·: · · ·._ ··. WB.LS FARGO BASE~ 3459 . ·. 1\P GUOdor!I,E PU !4~ · \NELLBFAAGO BASE--8-459" ·: .•. • •· · · · · WELLS FARGO BASE.-.f.!SQc . .SPUT"'- . tatun· . 1 B6.6T · 6,000.00 ·16U1: ·o,oo ·· . : -6 ,000~00 : ··Che-ck.. .: .: ··11712-il10: ·:::EFT ..... GioPIIOneotrec!,U.C: : .:. Comtnb:sl:an:: ·· · ·· : N' Jonee,o-!RA L.LI69!1 : 'M:LLS FAFI:GO e.As.e·--8459. . . 600.00 -!i,-4GQ.OO. .:.·ctJM!k: ·. _. 11712il10 . . EFT · · Glott.l One Direct, Ll.C : .. "Contrnf:Mlcn · : APJon."p-1RAI.FG2«t ·· :· 'h'Ell.SFARGO~E:-S-ol59 .. 600.00: ~.900.00. .··Che-ck·· · .:·1fll2{110: :EFT· ·.:GiobaiOni!-ou-.ot,LLC :. : : ·eorori1l:Ss~Df1· AP JonM.O-lAA .-".XA"9&4- : . . . ·VYELLs FARGO SASE .. 6459 .. 900.00 ·~)<10,00 :·,cneok·· 1fll2010. ·eFT····:GichaiOn~Dim:t,llC:,··: , .·.·tomrTI~I;Jfl P.P Jonct,o..!AAAGL 7$L . . . V\~Eu.S FARGO BASE- 6-459 · •. eoc.oo · ~3JSOD,OO ·:· g:::· :·:Check: : ~~:~~ 1fll2tl-10 : ~~: :.·.".Gicb:aiOne,Difaat,lLC EFT. ·:.:.:g::::~=~~tt~:: :::<._::_ :_::-::-::->:~~=: ·· --~ · ·· ·· ·· :.co:mmlsll:{on .. AF .JPOe".,D4RA PU .980 . . · • 1\P Jonoo,D-!M OFO 0119 . ·APJ«leo,D-IRAAXAIJ91< . ....·.. WEllS FARGO BASE • &459 · · • · · · WELLS FARGO BASE c8459 ...... WELLSFARGOBASE-8.\Si 900.00 • 91>0.00. 600.00 . -3,000.00 .. ,-2,400,00.. -1,800.00 -:: Chc-c;k_ · · 1.1712010 ~1"1"'. :. · .. ,Gleba! One Dh.oc:t. ~0 · · · : Commlaolm:. • • · .AP Jonoo,D-IRA LFG 183 .. :: ... WELLS FAAOO BASE-845g 600.00 ·. . -1,2oo,oa·· · ·. Ch-ack 1r7r.«l-1D ~FT .... Gl-Obal One Dl~ lLC · · : Ccmmiulon: . · AP Joneo,tJ.IRA PU 1~0 · ·• WELLS FI\RGO BASE- 8.159 BOMD -600.00. ·.: Ch.eek.. -1/1120-10 .... EFT ... ·:·: GJ.obal One Dlre¢t.,UC: . Cumm~l?fl· . APJD!'lft,O-tAALBL TI1 · . . "WI;U.SFAAGObASE-oM59 600.00 • .• .. . . 0.00 · Ohool( 111.1o12010 . · EFT Globol Ono OitO Pt.t,A-0.·. . -2,000.00 . 2,000.00 . . . . .2.000.00 c.no Check· :1/1412010, : · ··EFt".: Glcbl_l OI;(!_.Dlre<:t, Ll.C: . ·:· ··: Com·mlsslon · ·. · · · ·: : : : . : . . . . : . : AP MO0 . . . . . . . . 1,200.im -1,20MD .-Check- "1/;21J201(1 EFT . :. Global One t:iirftt1 LLC: ·. CommKIIlfl . 1\P Guodor!I,EII2: W 811i : . .• WEU.S FARGO BASE -8459 -I,OU0.1>0· ... · ~· 11hl1J2010 : . :. EFT . Global One Direct, Ll.C ......... Comm~on Afl Gu.dodl,81> SLA l:l!L · · •l'l'ei.J.S FARGO llASE-i-159 .. . 120.00 :-wc.oo· ·. . -Ch'Jctl: · · · · -tr.21J2010 EFT Globel one Direct, u.c: , . Ctorrnti~on Afl G"""or11.1oi.AXA9M· ••. •.~LS FAAGO llASE~U!I9 • ·• ·120.00 . .• -720.00 .. Checlr.: :'1hl112010.. EFT . Globtd OOe-DiN«. U.C · · . :: .. : ... : :: Comrnl!islon _APQ.uado.r1J,Ell:!:MMJ025· : _::·:·-'lr\Rl.SfAR.GOBASE.-..,s.t.59 · . 120.00 • . -600.00 Check :112.112D10. EFT Globtil Ona"Citud, LLC Corrunbmlon APGuododi,EII>PLISlO • :. :.WELLS FARGO BASE:I-!59·•. . ~2Cl.OO . .... BD.OO . ·: · Chiack 1121(2010 SFT Glnl;al On" Oirft~ LLC. · · · · · · · · · · : · CG-rntnQlm ..., Gu.dodl,81zAXA 129. · WELLS FARGO BASEC8.159· • . 12ll.OO · • •-36D,CD ·. .Chetj: ·· ·· :1111121)1-il=: EFT GIQlmiOno.Olrect,U.C: · . . ·:CM1m'i9.1lioo= . . . 1\P G"'dor!I,EII>ING 15J WELLS fAAGO BASEc.a.\50... . 12ll.OO •.-lo!MD Ch~ :. . ... 11.2:1J:ro1G: EFT · Glab:SJ 01;1'1. D!ll'!r;:l:, LLC ·: : _ : _ : _C~mm:fNIM ·. . ·. · Ml Gutdarlf,Eib: lFG 183 ...... · .. ·: :\Nai.S ~AAGO WB-1459.. . ~20.00. ·120.00 Checit ·1n:1r.l'D1C · ·· . EFT : GJ(I~~~~ Or\t:I·Dirnc;t, llC · · · · · ··: Oommfsiloo : .. . . ·: : I\PG .. dor!I,EIIzP1.11-IIl.. :· .. :·w.;~LSFAAGO EIASE-B4So•• ~20~00. .: IUJD ChoOmP jiil.~er/'>-IAA Uli..,.T71-·,.. : YValS FARGO SASE •.8.459. 676.2! . -<~7G.l!.a . Oh~oi;·: : 112i.QI)10 '. · EFT .... Giobal One.~reC:l:. U.C .· Ci:lmi'P1.bsl~ ... · . · . . · · · P.P 1'\aemer,A.--IRA FI'U 1<40 · · · · · · · · WB..LS FARGO BASE- &459 . 876.28 . . . · · ·o.oc · . Cheat:·. : -1121i2010: . EFT .... '. Glob.al One Direct, LLC ·:. :J:\oemcr,Aii:m R. tRA{67.81....C76) Coni1'1'11u!Dtl:lo WEllS 'FAAG6 eAsE- B459 · · · · · ·· '-SP'..IT~· .. • 1,690.6& . :-1,690.59 .. Choolc· · • 112!/Z010 . EFT Glob~ Ono Dlr>ot, lLC •· ·C.mmlooloo ·· . N> R"'"'or,MRAPU 6&1 · •· ·:·. • • • • WELLS FARGO BASE -8459. .. $38.13 . ·-1,352.!111 AP ~.:.,;,.MRAAXk5~7 · · ·•· W8.LS ~AAGO !lASE· B4S9 .. .. J36.1t4: . :~l, ·chlll!ck·: .Ch•cj,·· : ttwt ·- 11Z1m1 0. . 1tz112\l-1 D.. · 1121r.!&1 o Nu:m · 8'T . :EFT . o·Oiroo.lll- U.C GIDbal OM Dlro~ W...C 'Nilm. Commlool0!1 . Commlnloo · Ct"lh'ltniU.ion .. : . -· : .. .. Mi!!dlk1.0.C8rJr.RGthiRA(67111..&4-2)CommiMlohll-: I.«:...t APRoomer,A~RALBL771 /AP Roemer,A-IRA PU 1-40 WELLS.FMGOSASELN59 ....... -....SPLtr· :.. : : Split ··:: ·Y.a.l:siMGOBASE"&-1511 · · · · ·~FARGO SAsE; • 84!59 : : . foP 1-dadJI:rc,Otcfii"-:!RA W !'9'9: .... ." .. WEU.S FAR"GO eASE- 6459 Ooblt . S4l.5S. : 2,717.83 . . a.i..nCii ~3G.H : ·2,117.63: : -2~174.21: OJJO. ·Cbocl<. : 112:112D-1 o· .... EFT . : - Gfob-a1 OM_Dlr&ll'l,. LLO : camml:nlo~ .. · .. AP~e-altn,CJ...IffASlA338. . \'ln:ll.SFAJ:tGO BASI::: .. $459" 543,51 . --1,630.71 . :·Checll:·. 112112<11 o.: · · ·EFT · · · · Globol o..o·Dir.... U.C Commlaalon P.P ~l'ldnn:1112010 · ol Ono Dlreot, u.c .. eommbdon · ·: AP S<:hrnlol On• Dlrool on. t>1reo1. U.C .Nl \MnSton,L Bmle.IR:A.LFG 183 ... ·:.Y\IELLS FARGO BASE:-&4:59 1fll!/2010 . EFT .... Globel Ono !.>~root; U.C · · Commls.e;IOI"' : ::. . . . · · · · · ·. · · · · .:p.p \M~,L..Bfio1dRAPU 140 .·.. ·. ··WELLS .FAft.GO BASE.-U~9 . 100.00 0_.(10 .... Choo~. 1,ooo.oo . .·-i ,ooMQ ··C-· 112812010 : EFT .... Globol Ono!Jirect. U.C· · Ronert,SoottTmdiRA(67!1-5elfC.mmi>al!""' . ·::wEllSFARGOBASE-&-169 . . . :. -SPLIT-:.: .. :.:. .C .... . . . .. -900,0D . ·112812010 . · EFT Globol One Olroot, U.c :. Cotil~~t~iolon ·:NJ Rllfll!rt,S..TRAO IRA LfG DO$" · · WELLS FARGO BASE~ 84~.. . 1®.00 : Cbo<:i<.· . :--!IOO.ClD eornm~&;c:IDil .f~P R.merl:,S-TRA.O IRA W SIMi ·. · : · : ·1~\~EU..S FARGO BASE"-a.t-'59: 100..00 . -~~~~1g :::".".~. ::-:-:~::::~::::ttg:: .·.·, -Chec~ ·.· C~aek· Commission -~ R~m,S-TRA.D IRAMMI D25 ·. ·:. ·:.weusrARGOBASE-&1-58 · 100.00 . . . -700.00 ·: co..x:. 112612010. : ·.. EFT ..... Gl~l One l}lrect. U.C ·. · Cotnn".!l;*'on :p.p Ramim,S-TRA.D IRA LFG 00$ .... IJ\Ial.S FARGO eASE- &4-'59 100.00. . -600.00 . : -500.GO ::.·c!'lo«. 112M01 n· · · · · e:T · · · · : Globai On:il Direct, LLC . : Commlll&lon .Nl Rtntrt,S..TRAD IRA LFG 7.0 ·. ·: . ...: YIIEU.S f:"AAGO BASE- &4-59 100,00 ~h11uion- MJ Re-nert,&TRAD IRA PLJ llifi.;Jo... ·.: ·:.wa..LS FARGO BASE~.M51J · 100.00 . -.400..00 . Choel< .. 112812010 ··'--ei- ·.:GIOOii!IIOn1!Difeet,LlC.: 1121!12010..... EFT ... :. Global Ono O!re:.EFT .. : .. GioboiOnoDirool,l.l.C: . ·.Comml$8101'1 .. .. .. .. : :APRM11rt,S-TRADIRALFG792 ...... :.~FJirRGOflA,.SI:.::u:5D: 100.00 Cht~c:Jr;: . .. 112812010. · . EFT. : : GIPI On-e-tllrect, LLC : · ·· · Commla&ion . . .. ·AP Re1'11rt,&-TRAD IRALFG 183 · ·.\o\IB.LS FAAGO eASE-.a..t-59 : · 1Co,IJIJ : -10CUlO . Chc!,.clt: 1fllll2010 '• EFT ..... Globol Ono Olrool. U.C · ·· Cootm!Hion· : ... : : .. : : : APRene-rt,&-tAAtHAAPU t.ro. ·· ·:WSJ.S~ARGO:aASE-&459 100.00 . . 0.{)0_ 21-tn010': .EFT . . .:.GioboiOnoDireot,U.C · Aoquio,Fiolon CWW,sFAAGOilASE-84W. c .. -SPLIT... ··: ·: ·. ..·.. : : -3,582.1?. · Chack· . : 358.19 -3,223.18. Ch11cli;: : 21~12010·: · · Ef'l'. :: Olobal Ono Olroot, U.C : : Commilllon ..., . · · . : :AP Aoquort,F U.l ~~ · ::WElLS FMGO SASE -&-15~ :. Commi1110<1 " ... AI'Aolf.lori,F LFG 740 · :WillS FARGO BAS~·M59 . 3:56.22. : -2.1BCii!I,7S .. Chocl<· 2/4/'.2(}'\Q .: : Ef"1'' .: .:';labBI On.- Dl~ LlC : -2,507.5-4. ·: .Cht~ck .. 2141'2010 · EFT · G!Dblll Oflit.Oii"cct, LLC .. Commlulon APMqtu!rt,F LFG Z4& · .:WEU.s FARGO B.I.SE; .... ~/!!9 .. 398.22 CcrmiT!inlan fVl AcqtM,F 1V0<1 APAeo!on .AP Aoquorl,f AJIA 091 · · · · · · · · ·'M;llS FARGO BASE' 8459 : 3611.22 C.mmiMion AI'Abo;ulrt,F LFG 18l· · · .·. . 'Mlli.S FAA.GO BASE-M59 . : 398.22 .. . -.:15.!1.22 . Chick-. ;o./4/2Qi0 c EFT · Globll Ono 01- U.Q .. 2J.4f2010 · : EFT· ... Gltll:l.al On~ D!r~ LlC .. Commlooloo : . . . . . . . . . . . . .. . .: : AP A«Jqort,F PU I'D:· . · · · · · .::. ·'Mlli.SFAAGD.BA9Ec8459 : l98.22 0.00 '':Chlek .. .. ~.D51,79 . .-4,051.70 ::.Ch•ak: .. : 2111r.!OIO:·. ·. :EFT .. : .. Glob>l Ont.Oito<:<, l.l.C . : Collori,Ch•rl .. D. Tradelon•!.IFVI (G761.-652J.Coml1n.: :: . . . . . . . . . . . . . : ·· :· ·· ·· AP Cohm,c-mAO IAAAGL 130.... : :'(lla.Ls FAA.Go BASE-4459 : 4oti.1-ll · ·Chadc 1.012:.u!s :-f,C12Mi ·.·.Chs!:k· · . 2.11112010. EFT. . Glcb.al One Oli"NI, LLC COO,en,ctir.rl.elll D. T!"'-dltiDrl"'-~ IRA (611U-652) Co~ '~YELls FAAGo BASE- 8459 ·.... ·: . .- -9PI..n'-. · :. ·: . .". ,.·· ·.· . . . . . · CDmm!Hioo · · ·. ·· APCohln,C-TRAOIRAlUS~. .. . 'IIIEIJ..SFARGOeA.SE-8458 · 101.2' :,<~11.70 ·'Check . .. ;211112010 :EFT· ·Giob.i\One-Di~ll.C: Cclmm!Afon· AP Coi"H!n,C-TRAD IRA LFG 2~· .. ::·.·:.'~~~ELLS ~AAGO BASE--9459 · 101.30 "11&,4D ··Chock. 2.111/20f0 EFT ....... Globdl One D!~~~ LLC · -709.1D: . ·:.Ch.,ck·. C.mmloolon AI'Cohon,C-TRADIRAAXAQS4 ... : 'M!lLSFARGOBASECM59 101.30 2111120!0 . EFT. . .. Glob• I Qne ~11!1Cl,. LlO ··Cheol<·· : 211112D1o· . En· Glo>boiOnoOireot,LLC Commio>lotl AP Cohon,C-TlW:liRAAGL 16L· ·: .:C ··v.al.S.FARGO BASE.,M59 101.30 -BOHIO Cc:lmeni:d~M AP Cohen,c-"TRAD IRA PU gao_. · · · · -\M:Ll..S FARGO BASE~ .._.59 . !01.30 . -!106.!10.. Cheok. : 2.11112010·· EFT· ·Giob•IOneOhd,LLC C4:1mmbsl.oo APCDhl!!n,c-TRAOIAAGFG.Q.89 .. ·: . . ~FARGOBME~U:!iB · 101.30 .-.20 .. Chock .. : 2111120!0· EFT GloboiOnoDiro0.00 ;!125f201 0· ·EFT.. . . Globol 0oo Dire<:!, U.C Commlmlon.". MJMeler,ALFG1B3:· IJIIEUSFARGOBASE-845!1- ..J!\10.00 : .Ch&~ : 2!25/201 1).·. .... G1oblll One. DlretJ!:, ~LC:: . . EFT" Commiulon. . . iJJ:J Ma!ai ,A~ l40 Y'/EU.S FARGO BA$5 ~ 84fig ,..0.00 . _Che.nk P~~o 386  . ... .. ·:_ : : : .... :: : :-.·· .. · . .. ... . . . . . . . . . .. :· - : .. :. .. . ... . : . . .. .. .- . . - . .. . . .. . ... :·:: - . .. . . ... . . . .. ........ . .-- .. ,. . .. ... ... .. .. .. . . . . -- . . ..... . :. : . ·:.: .: .:· . . : .... : :--::-:- . . . . 10:-lii.IIM : • RETI~EMENT v~l.ue, u.c ~ KPKF Books · :ovzm~ · Paymeiit81o Uciu1see Defendants . Mal1:h ~ u;ri,;.tih M.reh 2il1o · :rype· Date· Chool< : -.-.-.-.- '-- 2125/201<) •.· . EFT . Nun, G.lobol Ono Di!e1.oo: -900.00 -·Check · : 2125.12010. CfT Glt:l~l On'l!l DIJe-t;t,lLC Co111m~oo 1--P P~.-JL.f LFG 061 · · · · · · 1NEU.S FAAGO BASE..: .M!n . 100.00" ·:aoo.oo· · ·::Chock : : m5flll1Q. . El'T Globol Ono·OI,oot, U.C ; . . . . .Commlulon· · · ·: : N' P-~&.1 La.L 381 · . ·.WELLS FAA~O BASE- M5i :. . 100.00: -7oo.oo: · "Chlittlk : 2f.251201ci,U.C ·· · · · · Commlhlon·: . N'P-~&JLFG21o8. .c·. I'I'ELJ.SFARGOBASE,B-459 ·· 100,00: -000.00 ··::·Chocl;. .: :2ili5/Z010 EFT GloboiOnoDirm,U.C::.. : · : : : .. ·commlblon·:.· : : ': APP.-..,~&JAXA• .. · : ..WEll.sFAAGOBASE-8.459·; 100.00. . -401:1.00 Check . 2!2.5r'201 0 : EFT · · ·."Global One tllrect, U..O.. · · .... · ·.: · : ·.: : :comminkm: · . · .. .. . /tP Piltefi.on,J&.J AXA 011 lNEL.LS F.ARGO BASE- 84~1 . 100.00' . · . -300,oa. Chock .: 21251201& .:EFT. : .:GioboiOnol>lr>l~(678;-7~~~~ ~~~=:~~~· =~:~g~~=::~r .. 299.60 . 2~9.60 . 0,00 . 5,120:00. ~.izo.oo · .Checlt. 212.1lif20.Hl-:". . E!rT.. :· G~obal One Direct, LLC. .. : . : ·." ·. · ... :. :: O!imrnili.lon:. <. . .. · .. . .. · . . AF htefei".,AF-ROTl1 LLI899 :... :. · · · · :: V1S..LS FAAGO aA$E -a..M:. : .. . . 1,00U2. -oi,11G .... :: _Chool< 212S/2010 ·: :. EFT. . GlobaiOI\oDI!e'~IIAA[6781~3~C) : Commiseioo . . · .. . . •• .. . ·. ·. ·. ·. · . ... ~~~:.~=i,::~G1Bl ~~~AAGDIIASIH-IM :APK.olen-d!I!I,Tim-TRADLRAPLI1o40· :: WEU.S.FARGOiBASE-&459. . 133.34 133.33: 400.a~r .-401).01) ·: -~99c ,133.n .· .: -: <· :ol"i"k·: ·:. :J/4.'20!0 EFT:". Gid:l-BlONiDi~LLC .:.Comm!nlon :-:-. : : .... : : : :_ :_ ·· :: ·APKol~lli!l,l"Jm.TR.AOIRAAI3l130 .:_\M!ll$1'tAAGOSA.Ss:-~5~.. 133.33: "·tU;IO. .. :SOO.OQ :. ·.:·::·_:Check:. :31o412010 ··EFT· _l;]abolOnaDirOI;t.LlC :·· . . . . . :· :·EUIJOIIOC.BobornoTrooiAA(G701·752)Cbininlulono. : ....... :wa!.SFAAGOBASE-8.459".".".." ·. :.:~PI.IT-·.".C.".".". : • . ·:._,: .. . ··· Cbeek.·· .314/2010 .. "SifT. Globa~cmt!Dtrect,LlC .· .:. :.: . . . . ·Cemm!aJIOO · .· ·:. : : : : .· APa.thll!rnu,E-TAAOIRA.LFG2.. :... Vv'El.LSF/IRG09J\SE..-I$4&8 1oo.oo . soO.Oo . -400.01) : ::;.·~:::: . -Check . :~~~~~.:: .. ~:· :: :~::ig::~:~~g . ~4'2010 :: · EFT· · · ·mubal One Dira-1:1, Ll..C. ": ·:·-: ::.:::::: ;: :g:~::~~ .: ::-:::: ::· ... . ::. . ::.::··: . ·: . · · ·. · . · . · .C::.··:~=:~~g:::~g :- ·:Chocl;: Cfle~ : .· .... 311112010: .:::EFT:· · :GlobaiOnoDiroil,U.C . . . :-:-:::: ·· ·· ·· ::.:Commlulon .. .. . ·· ··311112010· ··.EFT ... :.DiobaiOna.D\r&et,U.C:: · . .. :-:::::. · >:~:r~:~::::. :: : ·_; ;6~~:;:;: ::::;·:· .. · .. ·.Commig)on... · .·· = .. ··.··:::::: :;·:;... ·· · ··: :·: ·· : .:::~::;::~:~~::~~1~; .. : .. APMI!MIJ 1V-TRA.DIAAL~G 117 . . _:~-. ~~=g~~=~::-:: · ···· .· .. V\IEU.SFARGOBASI:..;.-84~9. 1,!~.oo:. 1,083,00: l,Oe>,OO: I.!!U.OO: · _,1l.~.oc -Hl81.-DO ·~1Q,W!l-.OQ ""-H1500 Chooll·. · :l/1112,D&RAXA3~5·· ... :::: ·.WEllSFARGOIIASE,_B-459. : . 100.00 -Boti,Q~ ·cnaok: lf251201D .EFT . . Gl-llb:aiOntiDirect,LLC. CQmm~DI'l _JoPSalito,O&RLFG31"1· .: .":· .. WE.LLSFARGOBASE-8-459.:. · HIO.OO .000.00 ·. · :c.t;lld( : :J.o251201 D · EFT · · · ··Gjcbal on"" Dlr.Q:, LLC Comm~on · AP Soi'W,D&R AXA 091 · .. ·:.WELLS FARGO BASE -&459. 100.00• -400.00. .. ."ChRk .: : .... 312512010 ..... EFT·· .: · Globol Ono OUoot, U.c Comini>olon . N' Sollto,D&R JHL ld · · · ... ·:\IIEI.l.SFAAGO aASEc·s;~g: 100.00 . .. ..JOO.O[} .. ···C-he-ck·"· :312512010 .... "EFT:· "Cilol:t,dOn-eDfr-eot,Ll.C ·· ·· ··eomr'nfmctl :J..PBoi~,D&RAVL18¥A038. Vlie.l.SFAAG.OBASE-~ 111.6~1:".' ... ·:-M-s!S-.;,•11·: ·:.Cheo;k : .·· .. 312512010 . :EFT ·GiobiiiOntDlr&Ot:,lLC : ·Ccm~on.. .:p.pvcn-t!tff,J..TRAOLFG73!i : . :·.WH.LsFAR.GOBASE-8459 . . : 1&1.71" .. : .. ·1.29U!l·. . Check . .. . .. :312512010: . ."iEFT: · · :·Global One Db"-&CI., LLC :: Comrma..lon · APVIlnetlf.,J-1AADLBL361· · VvS..LS FARGO BABE- 84130 ." . : 16L7f ... -1,131.97·: :·.Ch-eck · · "312512010. ·.: .. EfT: ···Giobi!IIOneClrtct,LLC . . · ·· ·· ·· ·· ·c~on. ·APVcn.el1r~TRADAXA33!1.. WEUSFARGO.BASE::-8450. : 161.71' . -97026•" :-~==-:·:· Chack :.~~!~ ··;=:-.::~:gr · -.::;~:::g~:g:::ttg: 3!2512010 EFT. ·:Gioi:llliCneO!~e;t,U.C · ·~·::-::.:: _; ;:·:::::-::·:~~~:1~. Oomm.Mioo·: ::~~!~:;~~~1..":·.:: :~.:::--:-=~~~gg~~:::i: . ·_: .APVon.rfii,J.TRADJHL383"." ..... ·:. ·.wa.tSFARGOilA.SE.:.-H:!li!il · : 161.7!: : 181.11: 181.71: ".".eoa.55 -.~: -485.13 Chuck. 3125i2d1C EFT· ··: ·Gtoba~ Onl!l PlrtiWt, LLC :comm.IH!M ·: . /JP Vcnettf,J-TFIM)AVI., 1ia·:. ·. "\>\'EllS FAROO BASE :..4o4:59.: 101.71 -)23 •• 2 Ch~"- 3f2.512010 I::FT . . ."Gro:~batl:lt18D1rf!~l.LO: .Comm~·:... . .. .. .. .. . .. .. .. . . PPVana1ff.J-1RADPU140·. . IJ'.IB.l.:SPARGOBAS!i--H59. 161.,7,. .-:,81.71 .. Cht-Gk 312512010 .: EFT· . . . Glob•t One D!racl, U,c :Cornm!Hton.. . . ·. · ·· ·· . · .· · APVooejtf,J-TRADJHLB33:. · WEU.S f~GO ~... lJ-4.59 . 161.71' 0.00 Chli!i:k 3.12512010 . ·: EfT Glolil!t·all·~ O~r&;:1. lLC ....... Kib-\lrz: Marie Trad IRA(6181-:!1'2oC) C.o~Bi~- WEll~ P'AA:GO BASE -MS~ .· .· .· . ...SPLIT~.·::.·:.· : .. ·: .,.::· :·· 51l7.21 "-liir/.21' ·· CN-ck: 3.125f'.l01~ :·::·:EFT GJoblli~e~~fJ:~.LLO ... :.·:.C IAAAVL 180.: .: WELLSFAAOO BI\SE -IM58 .. '99.54 ...199.04 Ch&ek. . 3.'251201 G . EFT. : Gl4lbal Onr. OifJtct, LLC Co~tnlntoo . APKibo,GW-TRAD IRAAXA091 .: . .' .I'I'Ell.S FARGO BIISE' 8-151 1"-8.00 '-o!~2.00:.' .: Cheolc· ........ c:·3126/201D: :·::EFT : ·Giobol Ollo Olroo!, lLO ... CDtnrmul.Q!"I: APMI.!:Jft,GW-TRAD IRAJHl~ · . lNEU.SFAROOBASE-&45i 1~00 ·..w..oo Check :312i12010. . . "EFT : ::GI®I!II e;,e D~, U.c · .· COmrrriulM · AP Mulo,GW-TI\110 lflAA\1\, HiO .... WI!U,s FMGO elisE' 8459 . . 148.00 ·-296.00.: . ::Cheuk. . ·:3f2512.Q1D" EFT. .·GJobai OneDirect,U..G:. : CammlaJ;I"Otl. : .AP Muae,QW.TR.AO IRA PU 140 ... V&L.LS FARGO BASC ~ 8459 ... · : 148.00 -148.00". <·.Chook·: ·:312W10: :EFT.: ... OioboiDn•Dirooi,LLC. : CDri'unluiQ-ll PP Mu:a6tG~TR.AO IRAJHL533 .. WELLS FARGO BASE.~ U59 148.00 0.00 ..Ta~l Gl-obal Ont D!l"l!ltt, U.C · 1U,ffi7.75 · . . ···: llkni.:· J.M yuJna • ~~:~~~R.r,w~c36 ~SFAAGOBAS~~a.iso Che~ .· · :1.125.12010: ·.4957 ..... G~otll!l J.em&Young ~l.OQO.OO ._._ . _.Chetk :.: . ··312512010· .4957 ..... Gt00a.J.n.i!YOUI1; ... Cl- amoo ~. Ku!lwalh Trzd IAA(67BHMl~) : 3,:wo.oo -29,700.00 . ··.:-:~::.-:· .:c~~·:: :·. -:~=~g:-: :·: :::~..: ·: ~:::j:~:~=:: ·312~10· .. :.:.:4957 ... :.·13t~:.JMJ.f!You~g · .:. T~;~"lai $ amount:$3QO,GOO . · · · ··t:Jcemer.~~ GloriiYO\lng (1%.J.Ma.-i:JTB00u:8·.":· . . . G~~lt.Ya1.1ng (10"14o} w~cn. AP Kuflil:rath,B-lRAD IRA.L.FG 135 . ,. ." /JP Kuht'itith,B-TRAD IRA LBLS61 · ·.- ./JP Ith AN Ia 52 .. · l'o!OLLS FARGO BI\SE c 0459 -1,~0.00 ·. Cbq;:k Hii6120CQ .. 2060 . Gi"egChlc:k GllliWaf&KllngM:mttt1.(6781-252) CominNIDn .· . :-M' Gi!lllhter&Kllng~ LNL7rr.2 ·:. ·.. !M:ll..S FARGO BASE::Me.t ~1tooo>oo ..... Chook . .'101812009 2000 . ·.· ·: Gulllv'cr&lh~·: : IolBI hmount$101 ,279.93 . · APGrllllth,BR~RAPLI9!.0 :. . ·.-:. :.WELLSFAAGOBASE'MG9:. :. . .. .. : 1,52HII -4,001M C~Ocl< .. 11712010" .'.' 3995 HoiPoholmof:. '. LJcensOe~ l"h:!il Pe.rtenhc~II!Mr (6%) · APGrltlith,BR~RAAXA729.: ... · :·.:·I'I'ELLSFARGOBASE-8455. . 1,620.48. : o-3,;!.. ,~ ·che.;:k ·· ·· 1n12010 · ····.· J995 HaJPeoten"'~rmr:: Commlu.lom·· · AP Grlfl!lh,BR-IRA LFG 103 · .... WELL$ FAAGO BI\SE' 8-159.. . ....1,821U8 .. ...1,620.o·: :... :v..;LLSFAAGOBASE.'~E9::' ·:. -6,41l0.00 Check. 112812010 · · ."." 41.W Hid Put.enhetmer· : Tot>ISAmount 100,000,00 · . . AP Grllll.lh,N AXA597.: .. ::WULS FAROO BASE- ~59· . -4,800.00 Cl't&Ok.. · 112812Q10 · · ·: A1+4 ti•l PM'i!nh•lnw IJ~ea: H:l!l~ Partmhelmar (11.00"%} N'Grirnti1~NINGI5..1·. :· :VVE::LlSFARGO·BASE-64$& .. . -3,20\l.OO · . Chliek· · · 1121112010 ·:. ·· 41-4-4 H:al P.artcni~cl"mC; Ccomml••lt!!,. · ·ft.P l]rfflltll.N LFG 113 .... 'tNEUS FARGO BASE- &45!1'. . -1,600.00. . :._Ch~. . : 112-IQOHI ·.: . : 4l+4 H•l P:~rtaihtl"mt::r . APG~.NPU HO .. ·: . . VIal.S~ARGO BASE··0459 0.00 l~C-hti.:Hal P:ai'Mnh~rn~w · 388  : 19:40AM .. ··RETIREMeN.rvAdJe, LLc- KPKF Books _aiu2~ii Payments to Licensee ....... ·. ...... Defendants •· ·, '' , AccnJ'illktsl& i.liirch 2oo9 ttiio~llh _;,.~ 2D1ci · Doli!: :.Hum "MOm<> -~ni ·".:iipili- . Ctud~ . .... :~Feekeft . · -· · · ·:·:·_ ···· · .. · ::-ChecX·· :· ._ ._ !t1112GOD..... 1332. :stOYe~F-'eken.. ~71'J1-75)Comrr~i.akm: yYEusFARG08ASE-·Ms9· _::::··:.SPUr~ .. .. .. . 1,050.00. . -1,050.oo· · Cheo~: · :. :.·e/11.".1009. . . . tl32 . S'""onF .. kon_ Clloht;WIIIomA.D!ckon ·. APOickonAI)L66L:. · ..... -WEI.LSFARGOBASEc.M59 15o.OO :· -900.Pn .·. Ch"*. ~11/~~M·.·: ::1332 :: ::steYohF,.k"' • · .Totoi~Amoo"t:35,DOMO: APOiol". ·: .·:: Chet:k. 91~J2009· · · · · !&19 : :._ BteY&rE Fetk.th' . . ·Clie-nt ~ln-t~l·& SUm ~ttl ~e.m.mdo . . AP Fftl1111nli:l, M lNL 740 . . · . ·.:WELLS FARGO eA$E ·U~9 : 151..99. . . · · ··: ~i1"'1.9f · . . . Cheal< 911120])9· · · · · !519 : : - .. Foo!lrt; 3"-453MI · -AP Fomaodo, MTRA281 · · .. ·~~>nLG FARGO BASE~.B-15i 151.119 . · · · -75U2 . ~h~tr;k: 9/1!2.000< tsu .. :. ·:Slevlllfd~·~ktm .. ·: ··ucen.ile;.SWVenFoeeken(J-.DO%) ·· ·· APFemiindc,MlNG201 :·. . ... l!'i!'EU..SFARGOBASE·Ufi9 ·. 1-5LQ: :-&11.&3" Cheal< .·.· . D/1fl00!1 1&19 · · Sloven Foeken: : : : Feml!hdo,M (6781-119) Commloolon · :: .AP Fernl!ldo,I•H.NL 5~1 : . "WELLS FARGO BAS~- 8450: 151 ,M :· : ~65.&.1· Chtck:::: ·· ·· ·9/~12009· f51B_ ::.stev.r.Feeketi.··: ...........·.· .. : ··Fem~do,M(67!1·11S)Comm~on :APFenuli'ldc 1 J.L~1152·: .... ·.:~S.PAAGOBA9E-1!.45P':··: 1~1.t!l. . .. :~03.~· Check ·' Che-ck -~= ~eck· Cflfld:; . . 91112009~ 91112009 ···::.::-::~:g::_:: .911120oQ : :911fl009 ..· tSia .: : st..,.en Feeken : .. 1519 :.· Btwlftf!Fe:e~en· ~~:.:··:: ::::~:!: 1524=:· :· SteYMFnken_·. 1524. ·. st!WenFttken . · ·. · ·. · ·.Ftmanda,M (6781-~ 19) Comm~loo ·: ........... :·Ferrulndo,M(87~1-11~)C:ammbi;:$.1an · :· .... ·. · ;.~~~~~~s~~~)~:~~··· .. ·.=.:·.··.·· ·:Totai$A.tnautrt!22,471!!:.44· ·· ·· ·· ·· ··Ucermte:StevenFo~~.-.kilh(3.00%). ··· · :· AP l'"emnnOO, M lNG 036 · ..... 14PFet11•n~,MlFG~· ···:=~~~~~~~~1"'s ·· .AfiFormmda,SANI$52 APFetnatuta,.STNGaoo· . 9 .. -:·· ·:· MLLS fARQO We-·s.::~e.. . ... "WELLSFARGOBASE-"M:59·· ··-:-:~:~AAGQ·eA.s·~~~a.:. "\IYELLSFAR.GOBASE.-M59.. ···.····ytE.l.LSFAAGOBASE-M!5& . 151 ,g.s. .151..98·: ··1~.se: 161);.7·: . 186.57·: · · · · · · · · · ·· · · ·161.e8: ·. ·· :::::::: . ::~:~f· ··-l37,H· :·-1138..57 O.;;J;o · !:hook _9/1r.1009,. -. 1S2~ ... Slov"" F..llon. · · ·· :: · :. :. :. : ... Fom•noo F...... 1582 ... -""F'"~.,;·:· - _-. . _- - • • -.•.-. SI~1!~~;::; ·- · · -• -·• · ·• · - : Srrn>-JRA(6781-09)"Co~ : StnntHRA(8781-99)0ommloolon . · . · ·· . ·:·: : ~:E1f~r~· · ·APSmllh~RAAGL66L ·. :·: · : :: :·- ·.. WEUJl FARGOBASE-!45~ . : 'APSm11tHRATRA281 : : : : ... ·: \M;LLSFARGOBME-"Wl9.. ~~~gE!:Eg: •. - ·- . . . :::: - ·•so.OO·: · ·<5<),00·" 4 .-oo • ) ~s:ft -2,700,00 ·:·2,25<).00 _.. . ··cneal< . 9/912009_·: . 1582: Si4>'onF,.ken ·_. Srri111-IRA(6701-00)Com.,._ : ·: . : 'Ai'Sm1h-UIAING2D' .: : : : .. ·:.'fflllSF,AJ1GOilASE'!4Si'. :· -<50.00'· ....... ,1,6011.00 . ··:·.Ch'ecl:: .919120D!f ·· ··· ··1-582· Slev~f~klffi .·Srnlth-1RA($7$1-9So)ComrriAl'iln ·· ·· .. : APSrnl"fh-IRAMNA8BQ .: .·. .·. V\IEL.LSFARGOBASE-8459-·· -o4®.oo.. -1,350.00 · :·_.qn-ecl:·.· :919120Qg. .... 1582: .$k!Vff1fMir:en· ·· :.<·SmJ!h..,.!RA(B781-99)CQml'fllulon : .: ·· ·> ·· :·: : APS.mhh--IRAANIB52. .. : :-: · .. :·'1"\'El.l.SFARGOBASE-8459"· -4~.00.. .. : -900.00 .. Cheal<... . :11101200t· .. 1582: S"""'"F,.km. : Srrni-1RA(e711-Go)Ccm11'1oolon . __ : .. ·: : : : :APSmhtt-JRAING2i3 : : :: ··: 'M3..LSFARGCBASEC!4!i--. .50.00.. : ~50.00 · -:·m1200-el : ·· 1:58:2:. :. st.vonf-Hken: · :·.·.·.· :·VJEI..LSFARGOBASE~.MSB. :·.:!~~=:· .: : g:g: ·. · Chec+>.· · · Sl'nllh-JRA(Bi"Hlii}C;.mmJAion : .:·.· .: .. .. ·. · · . . : fl.PSmhh-IRAOML«s · · 450.00 D.OO ::_::.~::. ··>Check ·:"S"f1e/2009 :. :1750. =~=~:-:· Sl4v1M1F.-tektn :.=: .. ·.·· . _:.: _: ~~~~~':~~WDmrriu1~>: · .. · :· ·· ·· ·· ·: TobJI$Amourrt:-!6,DOO.OO ......... ·. ..... :· .... :.: .: .: _:~c:~:~~-:"'~i_:: . . . . : · · ·APW"Joeler,M-1RAAGL73l ·: . ···::_.~-;~~;j:~.e~:·~: ::· YYELLSFARG05ASE·&-4S:a ·· ·· ·· :258 _00 :: · ·258.00·· ;2,560.oo. . ... -~~~~:~ .. ..2,~.00 ::.. ·Ch~ · ·. · ·. ·: ·· · · : ·-9/161.2009: 1700: ~th Fukln ·:· : ·.: . : :: · ·.: ·.: ·. · · Uoeriileli:Siev.en Fl!lekatl(3,00%). . . :: :. . ............. )Pv,;,.eeJer,M4RAPJI.A S04 .: . . : WELLS FARGO 1\ASC-:8459: :258.00: · . . · .~1.li06JlQ .. ·.:~·.Ch&tk.: .. : .......9f16f2()QQ. 17:50. : ste<..m 'H"keJ:! ·: ·: .. ·.: <--:":.:: .. :.: ... 'Mlcaklr-IRA(B78t-~65A) CamrriMI011:.. . "APWheelot,M-fRA. TRA281· · . ·:: 'NELLS ~ARGO BAS.Eio.&4:59: :258.00: ~1j548.00. ··:ChOck : : .........if16120(19. 1150: Slo'IM1o0tot,M-IRALNL740- ·: :. WEllS FARGO BASEC!459 : 2~e.oo·: -1,2110.00 ... Chock: .. . ...S/16!20a9... -17~- .. "S!ovonFookoti::' ·· ·· ·· ·· ·· ·· ::::.: .. l'llloolor~RAifi781-16GA)Comrrloiolon. : .. : ·· ·· ··API'IIlooJot,M-IRAING201.·: .. 0: :::·WEUSFARGOBASE-" .... 59: :2~8.00: ·.:c1,032.00 .. ·'·:Chellk: .. ·.:.· ..911MOi!9.: .::. :17:50: ·: =Siallc:nFI!!~ken .-: ·· :. :. :: .: :.-::· .. ·~edm-..JRAU17S1·165A)Commbi:=IOO .. ··~Whee"ler,M-I.RA.MAM~.· . VVEI..LSFARGOEIAS:!!"-845$'· ·· ·· ·· ·. ·:~.00: ·: .... -174.00 . .. :.Choc);. 9/161<009 · ::·:11~- ·_- ·Sio'~-; ::~~:o~:: . :.-:_g~: ::<==~=~=~:~-: . _..Chootr·· : · ·· ·· :·!lmJ:>Dil9.... ·:1921: .:_-.st...,ooFoo.... ·· ··-.:.:::.-::<::::.· :: ::.:::.·::::j~m;:t~:~~~=:: ·· ·· ·· ·· ·· .•..•. 1'111..1.,-lRA(fi781-165)Comrm.lon ::-:· . ·..... ··:=:::~~~;;:.·.::· . . :::.::.=~~~~~~-=::. · · _.._ · 'M!U.SFARGOBASE'llol$9-- .. :··::_..SI'UT-:: :.: ·· ·· · ":· · _.._. ::::~: . . :· :.· . -::.:: ~~~~:: :763MI c7Sl.4e ::Ch&DJI:·: · :912312009.. : . ·:1821 .. :stiivll'flFaukvil-·: c:Jient:Mtt!ha:ei"WleGieriRA. :: . : . :. :. : .. ·AP'II!MeleriM1oh!!.!lf,AALNL1n . : . ·: ..VIIE1.LSFAAGOfllt,Sf;"~~SQ ·:153.70 :·.-610.,70 -.'Cilek·· ": ~09.: ... : 1821 · ·· :: ~&nF~tt~ke~·: !Jco-nae-t~Siflvtil F.ee~(l.DO%) · . ·: APV.tleehu,Mh::fl.&al~~.AN! 8~2. ·.· · '· VoralS ~ARGO SAsE.:.""59·. . : . : :: 152..Sfl:. ·· --30!,3B ::Qlec.JI.. 9f.l3.'2D09 : ·. 1821 :·stovenFe~ken.·. .. . . . . Wltel11t~AA~781·1B$)CQ~rr · AP~IorMjc:ha.ei!FtALFG!i68 ··.·. ·~l..l..SflAAGOBASE'-...59.·· 152.89 ·· _,sz,,gg : '::c''"'··. _9123a009· ·· ·lo>l·: -'5t!r¥enFookon· . : : : l'lllulot~Mi6701-10•)c.mmr..lon API'lll..ror,Mithe•IIMING039··.::.::'WEU.SFAMI)MSE-!4a9.: 152.69 · ·· ·:· :· MO: :·· Chbck ·.· 9129rn:JQ9. .. : 1008 .·. :Steven Feekor~·:. · · · · · · · ·So~ IRA (67$1 ..1~1 commlt.slon ·\'~JELLSFARG08ASE· eM;i9: · :··. ·: ~-sPliT.. : .... ·. · .. ·. ·. ·• · · "'11!0.00.: .. ~78\l.CO . . .. Ch&e~··. . . :912912009 ·· .:·19Ce..·· :Btevet~Feekarl::_.. : .: .: .; ·OI!$11tAl"fredMt:f'.. . .. : APMm-Hl.AMliTS:50: ·:.·:·. WEU.SFARGOaA.SE:..U51f 71J)(J -702.00. Chi&-Qk: ... ·.:· .. ·· ·· 9J'2:9t.200!3: : . 1~ :_.,;st~iHlFellkl!fi..":· ·Tot:!l.f~rniJ.unt$26,000·:. .. .. : /APM:!rfiLIAAAGL 7:J.L ~U.S FARGOBASE~;&-459 ·· ·'71,00 ... :-024.00 . . ·:·c~flo!l:k.··· 9!2SI2009.: .. ·:.1906 :.stavenFackan:· . U~fi;B"k!ven F.el!ll<1111.(3%) .. · . APMs"fiiRAAXA.a04 : W"El.l..S.FMGOBASE-8<1-59 n..OO -54-G.OD · · '·Chm· · 9129J2000 .. ·.:: S90B ·: siw.en F&ilk~m .: tlad"IJRA (S78HS:5) -oomm"~Mfon· · · · · ··lAP MB)"IIIRA "WPL982 : ... WEllS fARGO SASE~ 3459 :711-.00 ... --4-GS:O() . .:·Cheoll:· · 912af2:00ill.... ::1906 ::st.vtnFeek~m·:· ..... :BqG!h,RA(!f11!1·1.S!5)coitJmmJon·. ~MIIf!IIAAl.Nl1-ID.. :·_wm.t.SFMGOBASE~a.t-50 ;78,00 · :-3DO.oo·· . -Cheal<.. 9.".19.".100& · · 1908 . · - . . , Fookon: " ··. Bo<>lh IRA (87!1-195) ootnmio>lon . AP MoyoiAA lNG 201· WEI.LS FARGO BASE> !469 . · 71.00 · · · -312.;10 ·:·Check.. 91291200:9 :·. : 1~08. : · · SteY.en FHKI!In ... Booth. IRA (67B1-1S6) oommiulen· .· · · P.P M:!!YI u:lJAMAM 860 .·. ·....··\I\IEU.S FARGO BA:SE-.3451 : 7.Q,I)(I. · ·234.00 · : Chtcl.. . . . . 912912(J0"9" ... :HiD~ .: ~eeken· · ·:smv.n . . . . ............... :aoolfl. IRA(6781-19:6).ocmm!ulon . . AP ~~~piAAANI 852 :. . . ... :·WELLS FARGO BASE· 84:5ii : 7!!,DQ . . . -Hi6.00 : ~=: ......... ~~~~·: ::~= ~~-:::::~:=: :. Ch~Qk. OMak. . . 912912001 ·· ·.· ig(ji ·· ··$tey~Bnl"e:e:ken ...........·.:: .· .. · . . . . :· ·· ··St.J0ft~IRA(6781-195)o:lmn'liulon 10/"13.12009.: ··21M: .. ~ll!lnFet~ken- .·. ·· · :_ :_ :: . ·:·.::.~·.:<<~·.::::=·.<::·:·.::: ~~~~~J~~~~::::~~ · . .-·. ·· ·CJl•nt:Hurnberta.Ze~ : .: .. : .: ~- ·: ::; : ; . . ·. . . foil"MaY11RAl.FG~ :. :. ~T~~J~~~·MM· .. · . :-::~PL~F-~~-~--~~-~~ . ·APZI!IIllte1NG2D1. · ·:· .·"NCU.SFARQOBA!IE-·6-46~ .. ·· ·· .. _., .._. ·.'.:\NEl..l.SFARGOBASE-.8-4-5-a-. 51 i. . 7D.DO : :~~:~:. 150.-ii"O :uO•H~:·. ··~76.00· :~:: >4:50.00 Chock· '·1011312009. :.2191. :.sm..ei\Fooken . : .:: :: ::: ·'--: :- :To!oi.$Amount•20,0DD,OO . . . : : : : .. :· APZoi11loANI·e~2 -:. : : _.. .. ·.WEUSFARGCBASE·9-45a. . 150.00 · :-300.00. Ch~k: 10f131.2009 ... 21$1:: : Ste\ol!nFMk.en.· ·: :: :_·:_·: :_: :. :Ueftf!Hit:~fl"llll:l)~!'nl~n(:l.OO%) -::··· ··. : M'.lafait l.N~782 :··:· ::·:·::: .. ·.~Fp.RGO~E~e.-459 ·· ··.150.00 .·· .-150.0n. = Chl!"ck. 10J1lJ2009 . 2198 · ·· st.ve:1 FHk&n: .: :. ·: .. : :. : . . . . ::i::~!llte (6711-273) CommiM-10!1 · · · · · · · · · · · · : APZWllte lFG 568. · . .·· · ·WEU.~FI\RGO BASE~ 8-459 . ·. jSQ.OO . . . . D,DC· :::_:i!!:: 1~:~=~~g:-: . ;·§:.: : :=:~::::~··· .=: . :-:-: : . : : : ;:-: : :. =;:~~~:n1~~~~~~~ &=~~~~: ~:. 1 :-=::.:,.~~g~~ ~ .·· 5 :· :~~-~~~o-s.a:se-·&45~: :>~·5o:~:······.: .. ®O.oo: ::·::·.: .;~:~~:- · .• ms ......... ·-· · . . . . . . . . . =::;.~;:;;~~-~!~·~~~ ·.-Chock · ·: · 1011612001: .-_. 23Q-I": :. St.o;MF.. ~n- . . . . . . · · __.._,.Tolol$1\!nount20,000.00: :: .. .. .. .. .. APRIIl;nottoTNZ!-"N!_Ilt;2 . · ·.:WEUSFARGOIII\SE'llol~9. . 150.00 · ·· ·:-~.00: .~:E. > Cheal< l~~~~: ·-·~·- ..11!UI009 .·.:_.: 2793·_- ·:.st.v.nFeokoti ......... Cllont/oJ~e ~~~~g~~:~~: •. . .. WEI.I.SFARGOM!;E-1!4!-S·· m:: . •.•. . 225.00. 2,250.00 . . .z:~:~~ :· '2,~5.00" . . Check .11J312009 .· .. 2183 ... StalrrlnFI!Hiken .. ··:.·. TO"biJ-'Amctllnt:7~ 1 000Jlil' . APM:a)"'I,AU.I ~g:g . . ..... "\"Vai,SI"AAGOBASC~IMG9.. .._225.00. ·.··.'"1,8-0:Qo.DCI" . :Check 111312009 '· · · 2763 · ·:. sto\l'tlh FM-keit U~fl.~; 9t~M F&eken ('3.00%) APM:aya,AAXA 804 · · ··:·:.·WELLS FARGO BA5E -.IM59.. . 221:i.OO · · · -1,-575-.00 · Ch~ :1113J2001l ·· · ·. 27-l!:li. Sta'JDh FHker; : C-l:l~l:m· · "AP M:ayi:,A.AXA 1-48 · · · ·wn.L..S !"ARGO 81\S~ -.1!-'59.. "225.00 · -1.~6-tl.tltl Ch~.·. :11/3.1200111 . . 271!~- Stew'tnF"Hkeri : APM•~.ALNL7-4-D· :··· .. WEl...LSFAR,G08ASE-14S9.. "225.00· ~1,125.00 Checll: . · ·11f.l/20QQ . · :%7-U .... Stevetl FMken: . AP May;.,A IN.G 201 · · · · · ··.:·WEllS FARGO BA51i ~.B-4-:59. · 22fd~ : ·•"!iDO.OO Chl!nls fARI)O BASE c 9-459· · · :22~.00 ·. ~50.00 Cllo'•nF,.k011 · .APMoyo,AtF_.G566 ." ..walBFARGOBME-'!459:· 225.00 .. -229.00 389  RETIREMENT VALUE, LLC , KPKF .Books . .. Payments to Licensee Defendants Mareh 2009 ltlro~gh Mort:h 2011r TypO. Data Num -M~ Acccuot . Dobil : .Ch0 · · .MJ Gi&•wlpit J&O' PU 03CI . : .. WEl..LS FARGO SASE -&41Si. 172.M: -3-4MO :.Chock . IH101'200i ~ · Sttwen F~OO UG«Well=: stlWM F-e11ken {J%) . APQIIIuJpi•J&~U0·· .;so.oo·: ct1eo:k -· 1111112009 -· · 3217 . SttNI!ti1 Fa..!.:;_,. · AP Klng,B PU 140 WEU.S FARGO llASeC3459: 0~0 : 15QJJO .......... 2.100,00 . Ql•~. 12.1312~ ;· EFT:· ~f"ken ·.1J NorCti,S Jf:'l 002 .., . . .. WEU.-S fARGO 51AS1; - a.t-59. ..• I)Q.Iio .. . -1,800.00 .· Ci1eGII -1-UlaD09 EFT . . Steven FHketl ·11781~1SIIorlh APNOI1h~SLNL702 . . :. ::. WCI.l.SFARGOBASE-.8469.. 300.00 ... · ·~1,500.00 Cl1ock . ·12/Jf.Z~ . EFT SloYon F.. kon · onl-461 s North .. AP Noi!h,S PU 660 . . . : I'IEU.s FARGO !lASe'· $459. 300.00 ... ,1,200.1>(1 Olilct .. :_- -."12.13Q009.".· EFT . 8tevfJ'n Fe-eQ1 5'181-461 SHorih APNot1h,SAXM9L. ·· ·· WEI.LSFARGOBASE·0159· 30000 -9QO,{l0: :en~· ·· .1'2J312008 .·.·.EFT···· Bttill;~tiFmen .67SHil1 SHorlh AP1*otlh,SAGL06:2 : WEUSFARGOI!ASE~Il459··. : 300.00.: ·.· 300.00 -800,00 : -300.-ilD .. ·c;,~ · · · · · · · · · · · ·12./3all09 EFT : Sbw.en F&e.ker~ ·: 5761-441 SNorih . Af' Notlh,S L8L 771 · · •· WEU.S FARGO BASE· 8459· .Cl\oek ·1213120M EFT . . ""=n F.. kon .87S1~1 ~North --APNorth,SPU1-40 . ·. WELLSFMGO~.E-:8-1:59: 3-D!JJ)Q 0.00 I'IELI.S FAR<'IO !lASE· ..Si · · · · · · .SPLIT· ·· · · ·:'··· · · ·· · · · . ··.··.·· J,1Q1J9 ·: :.) ..107.79 .· :C'ock .: . . . ·: :121312009 EFI' · Sbw•n F'"'kon . Honyllor;ly-IRA(G1e1-467) 310.7.7 . .. .. .. . . .. Cl10',H-IRA JPI 062 WELLS FARGO I!AS!·U59· · . 310.711·· ··2,ol86.24 .: Ch~ 1213QC09 !EFr : · - · stl!'.t-11il Fot:~:ken eomm~lm. AP Holdr,H-IRA lN1.28A 1'/EU.S FARGO BASE· 11459.. 310.78 ··2, !75,48 .: . : :p,p Har~,H-IRA..AXJ.\!28 ..... : .... VIEI.l.S FARGO BASE'"':a-46". : 310.78 . ···1,06-1.68 ~-=··········••1= ~~ ·=~= :CommJssiQO · Commlsiloo .. AP H•rdr,H-IAA lNI. 7112 . · 1'/EU.S FARGO BASEc0159: 310.78-· ·-155310 : :Che-ek . _ .. ·. _· .. · .1200009 .... EFT . : Stwf.en ~sken- · ·commllmlon · ..APHordJ,H-IRA~U98G : WEI.LSFARGOBASE·.8459 31o.re .. -1~43:12 : ·Chock 12/JI20(lg · .. ·Eft: . stovooF.,kO4 : ·1mam ·· ·· fFT ·· ·· St.v... F..k09: · ·EFT : Sto'ffl1 Fel!lken: CherJ;" · · · · · · · · · · '121312009. :: EFT : Stenn Fuken :CoiT)I"'1&afon · · :·APGold1e<,Bc.IRAAXA826,. ... : 1'/EllSFARGOBASE-84.59 Wl.U · ~1:3~.10 Ch11ck ._:- · · · · · · '1:1JJJ200D · EFT stU'Irtn Fttf:ken ·cammlalcn ·· . APGololl.,.,BC.IRALNL 792::· : .: WELLSF(IRG08/\SEC8459. 2<0.8s··. ··1,104.25 'ChfKik· ·- ·12/Za,oou EFr SWr¥en Feek!m. · . :eomm:iaf011 .. ··A? GQtOO~~BO--lRA. PL1 980. \iVEUB F~GO BASE~'845!t' 220.8~1o'. · . ..aa3.4a ·Cami'IU!Islon · ... AP GoWhO<,Bc.IRAJPI18~· WELLS FARGO I!ASE'84S9· · 220.05 . --662.55 :Ch-11ck . '1213J2-Il01 ... ·.EFT 81~ Fl!lek~rf :.. ·.Ch.11ck ·· '1213/2:f.l01!1 :· EFT stevenFetolwl ·comMI:!dion. · · ·AP Goi<:!1.,,BQ.JRAAGL !>62 ·: WELLS FARGO BA$E· 8459. :uo.BS .. . -441.70 Check· 1~01:19 .: EFT · · SUI"ven Fek~n." Cam~ton ··APGDI~III',BD-IRAANI!5:Z1 . \iVEU.SFARGOBA.-BE..:a.t-59' 22Q.Rs·· . -220.85 .. AP Ooloh«,BD-lAA I'LI140 WEI.LS f(IRGD !!ASE··IJ4So· · · · · · · · ;uo,ao .. Mil Ch.eolc · ·' ·: -12/.3Q:O{I9 .: EFT ~Ml Fe111ken.· · Cammla:alon · ·c.ro! Arin Stuirnl:f (6781-A83} . WEI.L$ FAR~O liAS~· 8450 · · .SPUT· ·. ··· ·. · · ·. · ·· ·1,05MO ·-1,050.00 .Ch.eck 1~e- EFT SCB"vbnFHk-lln·· 'Check ·12/laOD£1 · !;:FT SUN-en FIMik~n · ·camriUDicn · .• AP Sllorrotl PU seo . . · .: •. WELLS FAR,GO 8AliE·8459. 210.00 -Wl.OO · · · Commlaloo N'~IH'TIIIIJIJ(A:59l'.. WEUBFARGOBASE~a.t-59 21D.IJO· · -630.00 . Check· 12MD09 EFT ·: S'lu'llcn Feek-en'. Check- . '1:zla/2{)09 .· .EFT S'levM fuk-en ·eom.mini"on . .AP S!lofml AG~Oin : . :: WELLS FARGO I!ASE-8459: · . :'liO,DO : ...C20.CO Cl1>0k ............ 12/Jf.ZGOi · EFT . SbwanF..k..,·· . ·cQmmbmiCO. AP Snorrotl LBU71 ·. WEU.S FARGO I!ASE·M59.. . 210.00 .. : -210.~0 Ch-I'Ok · 1213J2.00!ll ·. "EFT · titavBn Fukml- · Oommlalcin : : :·: ··: AP Shorrotl PU !40 .. : WOI.LS!'ARGO SAliE-:11459: 210.00 . . 0.00 .'. Onock ...... ··.··.:121312009: EFT . stovonF..kon. s...,ol & l'lonoy Sh...,..lo:rTnl"t (117iH01) ·WELLs FARGO !!ASEC$45~ ....... .SPLIT· :: ·:· ·: ·: ·: ·: ·: : 5,840.0Q .-:5,84-CUJD · .Che.cli;. . . . . .1:213/2009 EFT Steven F"'ken . · Commmlon · .. AP Sll""""',2~.00 . ·eomrrils:l!llon .. APSh~brJPl1tl3·· · .". ·· v.tEU.SFARG.OBASE-a.t-50. : 66<1,oo·. ·1,092.00 : · Ch~k . 1213t.Z009 ·. EFT :. SMven ~eken . : CM-Ck . stann ~Hk!n. .AP Shcrwmrifrie-rAGLOGi WSJ.S FARGO BASE-8459· 5114,00• . -1,1215.00 ·12/J/2009 .: EFT :.Ct:J.~~!'JC"'F .. .. -584.00 Clm::!( . '12JJJ2009 · EFT · staven Feeken· Oornmlealon . .NJ Shi!YmiBk-e-r LBL 771 : · \Na.l.5 FAA.Go BAS!: .:.8459· 5114.00· · ·eommiMton · AP Shtwi'T'NibrPLI1o40 -:.- mllS FARGO BASE- 8-459 : 584.oo: 0.00. Check :12/JJ2009. · EFT· Steven Fee~m =~~~~~~1j~568 ·.· •·• ~:r:.i~~~~~~ Uorllj<> W.O.Io,.fRA (B781·11l5B) 180.00 .. ·110,00 t:heok " .12141200~ :. . . EFT . -•n Fookon ~ · i21o&l200iil · · · · ·. EFT Sto\lct1 Fet~ken ·carnmb:alon. .110.00: .. 0.00 Cne.:.k ....... :: :1:2110120D9: . EFT Stev~n F~ktn. Butofd &. Harballil Gcldloer-(8781-400} · WELLS FARGO SASE· Ms~·. . ... • .SPLIT-·:· . . .. 15!1,43:: .112 •. 7•. -625.711 .Chedt . t21101200g · EfT . S'!e'l/611 Fetoken Cammiaiot1 · · · · :AP Gotcher JPI183 ' . VtfEU.S FARGO BASE- M5!i'- . MJ GD'Idl.er' AGL 062 ............. ·.:· Vt'B..l.S FARGO BAS!i -·us; 156.~5 . -4B.35 'Chm .Cheok -12/1MQDO: >~::tJ1012009. EFT. EFT . Ste.len F"eek~ SkNtn Fet~!li;cn Ccmmlnloo · Cil~ttml:s81otl· AP GDI.O,er L.SL n1 ._.. . ~FARGO BASE -8459 : 156.~··· ~lm·· Commlalan · : #J IJotC,ftr t:"lJ 1-40 · 'NEU.S FARGO BASE -·1-45'9: 1!6.45. 0.00 ·Ch4ok· ·1:V10rN09 EFT Stevtn F"'!leken -CMc:k · · ·t2:J10.12:D09. ,. . , EFT· · Steven Feek!tQ W...Jm!RA (67i1·185Cj ..WELLS FARGO 81\SE • 8459· . AP W.oelor,O M IAAU':::h~~ · .: .. :.tV10JZOOQ. : .. 1211Da009.: 1:Z11Dntl09 ··_:1af1~~~ EFT .. · .. ·.stev.m.Feeken i!.FT :EFT eFT stirttll-nFIHk-trt Stwen FHkotl"l· stil'vct1Fe~kM1. Dlrnmiulon C.l(,6, 7~- WELLS FAR: : : : :. · . .. ~l!or,No 0 cy!RA(i7!1--4MB) : : AP Sll""""'kor,N IRALBL 771":. ·:. ·... \NELtS.FAAGo·liAsE.~ ~ri;i . :· .. APSil""""'kor,NtRAPUHO :· :·:·: .WEI.!.SFARGOBASE·k5ll. . · : · v.al.$ FARGO BASE--·1!4~9 .. · .: · ."-SPLIT--- . 1BO.IIQ" . 180.00 380.00. ·100.00 .. ·aM.. · :.3l!O.oo· · · ·.- Ch"Mik·. . : 1211o.r.:!OOS:. ·. :·· ·5FT ··steven Feeke:n · CornmiAion · .. N' Sh-wmaker,NMcy IRA Lal 771. ·.. ·MU.s r:-AR.so BASE- 6-4-5~ ·: .: 1BC:ao· ·-100.00" : ·: Cl1-11pt.:·_ ·: : 1:U1CJ2Q~.'.' ";eFT· .. "stevenFIIHIIken ·. ·coiTl'mo!Hion: · P.PSh1'W'IN:ke:r,Ni!J1CYIAAPU140:.: :WEl...i.SFARGOaASE-6459 .. .. 180.00. · . ti.OO: . -:: Ch~. :. . .- -1211P.®rJ9 ... ":EFT : Bttirbtl Feeke-n ,Sh~~er,&.t00cii_AA(6781..CMD} · ... WEllHARGOBASEO~Q- .. _-_-· :.sp!Jf.: ........ ·: ·.. : : ... · 7os,oo· -~788.00· -:. Ch~·. 12110J2000 ·' ··EFT· : StC'II'on Faakan ··CornmFttlon · · . APShewm.aket,&uniRAPU'QBO .... ::V~S.t.SFARGOBASE.:..B459. 15J1.60·"" -o63S.4<>: · -:. Check.· 1211012009 ·· ... ·EFT:· .. :·-sooen FHJ(I,~:: : _.·Corrtn'.illfon· · . APS00wmt:kor,simiRAJPI1il ·:WELtSFARGOBASE-1!458: 1:Siii.6D :--.471!i.lliCf . Cllet:k. 12110J20-Q9::· .. =EFT. . :SteVen F~~te-ken: . Camrra.ilon: AP llllhlo,R-IRA!..FGOOS·:.. :WELLSPARGOBASE~I!4&9: 278.00 -~,200.110: Ohocl< 12/2312009 ... ""EFT : Stoven Foek"' ·eommlnlor.-· .. APS!Wo,R~RA!..FGOOS·· · .· -WEIJ.$FARGOBASE·1!4~9.. . 278.00 -1,eJ2...oo: CheCk· . 12!2312009:· ·: S:FT ... Sb"'vml ~ft~kefl · · · · · · ·: :: ·: · · · Comnln.Jon· APBhfvll',R-4RAAXA82fi:·· : .'.·:.~FARGO BASE .. M59 · '276.00 ~1.e1<1.oo . Ch~.' . · _12f23120DS' ,. efT .. ·: Steven Fe-eken .......... ::. · ·. · CorTvnb.&.lon APSIWo,R~RA!..FG 782 : :_: :: :·.:WELLS FARGO BASE ;·e.159 ..... : ·: . ·278.110 ·--1~~80.00 = .. · Check ·1212312009:· ·. Err· . : steven.FMkiMI :: .......... ·: · · .. · .. comnilselon· APShlvo,R4RAPU $GO · -- . ·: · ..WEU.SFARQO BASEc"MS9.. .. · . 270.00 '111>1.00" Check· Cheek Che.;::k Ched:. Chkk. .-: . :. ..1212312009.' . .'. EFT :: 12./'Z.312009.' . . ·EFT -~=~-: ~ .. ·: ..12./23J2CXI9 :· ::: EFT .. · .. : ....12..12312009·· 1212312009 · .. EFT .... . sta'ttn Fatk.m : · : SteviRFuki!n :· :::.~==·· ~ fMkM · ~l'i~ttkftl1 · · EFT · · · · stoven F~OO .. .. ... · C¢mnil!uJ.Icm . ·: CommiHlon. . ·:. :~::->:>:=::~~:· : G~!Mpje,Gioi-lrdRA (671i1~7BA)' : Comml;ulj:)n, ..... · Cotntnlulo./'1' · f;IJ-Shhre-,lt-iRALFGI~:I . . . . :· .. - .-:-wEl.l..SFARGOBASE~·S450··.··.:· · ·p,p Sh~e 1 ~-fRAf:ltl ~30 : · AP~IYfl.R..fRA ANI521· · .. APSI1~o,R4RAPLI !4<>: ·::· . _:.· ': :·'M:.LJ..s FARGO BASE~ e-45g._ .. ·.· .·.· ·· 'NELLS FARGO BASE.:. ~9- · .... --_:WELLSFARG08A.SE'5<16L. .WELLSFARGOBASE~I!458 · ."."._.."-SPLIT- ... ---- .. · ·: : :. ·.AP GUIO!'plO,G-IRAPU MO : ..... ':: WEU.S FAAGO BASE~845~: : AP Glllollplo,G·IRA AGL 06Z .. .. ... : WELLS FAAG<:l BASE- 5<159 . · .:2_71!,00 .. ....... 276,00 .. .... =211'i.GQ ·· :~:tli.oo : :3~.011. ·J20,09 _- ... .. .. :.:.S2e.o0 ''-652.00 . ""-278.00 :-.:· 0.00 .;.t,eoo.45 ·1,2W.36 : ~96027 Chilct .12JZJJZIJ09:. :. EFT ···:.-.stevanFeeken : Cammbtslan . APGIIIMplo,G-IRAAl.18 C,l!lcl:. 12J23J20ml·· :. EFT·: .... Stevenfeeken : Commbmlah· . "APGID.n.ple-,GoiRALf(!I1Q3.. . . . :: IJI.IELLSF"ARGOB.AS6"~·~59:· -320.08. . : -320.08 . ·Check. 12n312COS:-. :. EFT. . . : Stw~ Fltldken : Comm~lbn ··APGmollplo,G-IRAPU14<> .. :. . :. WELLSFAR<:;OBASE·0-8459:--: 320.08·. .. .. 0.00 Cllo ,=~~~~g=t~~: ~SFARGOBASE,II<5o:. • .. :_732.00: m:~ •H3,660,00 : ' "'2,821.00 . :'2,196.110.:. ·. :·checli: · -12173.12009· : . =~I"T-= -. · stwecF-~··· ·:.· .. Commlulon ;APKomp,.!-IRAAGLOG2. . ·. : I\EJ.SFAAGOBASE:.e.l59: . :.732.00. ·~1.o!Cioi.Dq: : Check. :: · · · · · · · : . · : l212312009.- : . :EFT -.. -: ·. · -stevei-J Fee'keri Cotr'lmlnion : AP lloii'!',.!-IRA ANt 521" .. ." ... :: 'Mill.S FAAGO BASE, e.l5il. . . .. 732.0C . --m.oo- .:ChQ: .. :J2f.ZU20D9 ·=-:.·:EFI . . . . Sti!VeriF'!IIt~n.. Cumm'-Eiori- .- · . AP lloiTl!',J..IRA PU 1'0. . ... '."." \Mill.S fAAGO BASE, e.IS~: .. : 732.0C _, 0.00: : Ch~k .::- : 1.213Qf.Z009 ... .EFT .. : : .'st.fiv-en Fet~k-tn .: ... .. .... M:!!M, Robert MIRA (678,·569)' -WELLSfMGOBASE~84S9 ·_-_-._-•_:_-..t;l'\.11··:·:::.-- ·:.-.-.: .. :.: . · · · ·· ·: .. :· .. · · .. 'OQD.DQ -900.00 : :.chDGk.: .1:2(30J2009 · EFT· ·: :·Sift~dl F-M~kcn : . · .·.. camm-.!on .APMorin,IHRAMMI025 .· WELLSFARGOIIASE"7e.l5~ ............ :·1~.00 · ___ co: •7ti:Q-.'Cl'O·: ·· Chedt.: :1:2JJC12008. ···EFT: ::·:stev-enFeeken': :· Ct=~mmlt.;l-on .APMarin,R-tRAPU9&0: ·. :.:::·.: 'vVi!U..SF'AAG08ASE-~·1!45ll : .. - ·:100.00:. . :'100.00:' Check · · · - '12f'!O/l009 .: 'EFT: ·Sil!ll!!l'l fl'eken :: ·· Cotnni~~oo · AP Uann,R-IRA·LFG 2t:i . : :: ...VJf.US ~AAGO BASE ~.&4-59 · · · · · · · · · · · : 150.00 . Check:· :: ·:.... -: 1213Cl.1:2.0Qfl :·. :EFT: .. :$Wven F1eek-!n :. CommU!on · . AP Ml!lnn,R-:JRAAXA 720 . : -.·: .. ·:· waLSI FARGO BASE~ LW:51i1 : · ·'150.00 . --300.00 :· Check:· · · ·: ·: · · · ·12J30J201)Q .: ·EFT· · · ':staveo Feeke.n.: . . . · · Commaloen ""APMono,R"RA-i.FG1U-- :: :: Wi'USFAAG08ASE,.I14!IO:."." :150.00 · -1so.oo·-· Chl ·:en: .:st"ven Fccken. Comli'llulot~.: · : MJ M•chC111,.J-IAAAGl 0112... WEtLa FARGO BASE- 3-459. . · : 354.00 . -~708.0Q:. ·::.g::: :: ChMt. :'.'.:.'~=:.::: :-:~~: :; :.:=~==··:... : ·1m201-o · · · ·:EFT: : · .'.Ste'r'en Fe-ekon-·· ..·· . .......g:~~::.::.:·.:· :·: :. :. :. :... :.. ~~~rtaw,l<:ll.lh.rlnt IRA (e1CI1-G01) Conml§l;)of'll: . PP PJilldl11011,J-IAAlBl. 77t · ... WELLS FARGO BASE~ S-459 . . . . AP Miuo:.­ --ono : C.h1Ck.: : · · · · ·: ·1n/:,l:OUI: ...... EFT ..... st.v-t!(l Feekt~n · Oomr:nlti:&!Qtl :: · · ::APM•rlow, K"AA .·. · WEU.SFAAGOBASE'845t: 1S5.00- ~1~48500:. Chll!lti: 1nr.mHI': ... EFT ·steven P:eaktm · CommiA!on . ·:· APMarlow,K-IRASlA3U.........'.' .'Nel..l.SFAAGOBASI.i-8-4-BI. 165.00 ·1,320.00· Chttdr: : ... : 117r.!Oto:· .. "e;FT· ::stev-enF~en.. Comm!Mon · : APMwrlcwo,l<-lfto\LrGOOEI ......... V!Ja.l..Sf'AR:GO&A$E;-34~t: 165.00 ·1,155.00- Checlr: : 1n120tiotJ : :_APPJiarlowjK-IRAPU980: .WEU.SFARGOBASE.-84U :-· 16'5.00 :~5.oo: Chai:k·: : 117120HJ: .. EFT: . . -Sto\1-en FeiekBn .' C:Qmm~M : APMorlow,KTIP.A.LFG272.. .WELLSFARGOBASE'-6-49: . 16!1.00 ·-61Kl.OO' Climr: . : 1n12o1a-: . : ::eFT. · : stev-!!:li FIN!kim · . .. . eomrnJ:ul.on.: . · APMarluw,K·IRAAXA1'29 'Mill.SFARQOBI\SE-845ll: .185.00. :-49-5.00: Chitcli.......... : .... 1n121:110 . EFT ·-Steven F11eki:O: . .'. :. C.Ommlslltrn .AP Mel!ow,K--IRA.ING 15J . .WELl.S FARGO BAsE- 8-4!1J:Q- 16'5,00 . .:.~3<59 · 300.119 · -300.10.:. . Q,.po·:·. Cfle'* ·Check 1/1-412010 "1/211,1'2010 ··EFT. · · :: stm"-en P"lltill~n. EFT ·. ·.·. ·smven F"eeken · Coi11mbeJon .-trMn, Orllen~~:·G Tr8d IRA (8781:..7041 Cbm:m!Alom ~~F~Ici~ii~~:~~. =fARGOilABE-1><59 · >00.00 · -450.00·· . Cil~M~k 112112010 EFT .... :. SWt.en F.-~:· "Cvi11hlb~Oi1 .. AP lrMn,o-TRAD IRAAXACJ ComrniB&oo :. : -150,00 < • :_ o,oo< ·. ·.. CMQ: ......... · .. 2118J2tl.t0 ·: :· .. Ch®k"·.. CMck· ·. ·. Check·. .. . :::EFT: : ·2J~ a/2-tl1 Q .·. mw.za10 -:·· ·:. 2Ji 612-ili C' : . ··.SitJvenFee"k-en·: ·· aFT· ·· :s!'!e"llet'l F-1-Ktn · : EfT.. : ...stft8f1Ftltt~l!ll.· ffi. . . . : .S1fi:len Fn"km ·. · ... ··. comrni:H.IOO . . . . . .. . R..,_ M, W!lghl Jr:ad.IRA (8781-7.12) Comrrln!one ··Camml:u!oo C:Qmtn~on· · .. . . . . . . . ~$~~-=:...-~"::.. ... "AP'Mlgh~R-TRAillRA LFG 248 ·._ =~MG~;,.;,E;~s : · .: WEJ.LSFARGQ BASE·- 0450.. ............ :1.21.00 321.00 · l,210,01) . : ~:.t.i10,00 -2,68g,O<)_ ·. -'~.00 Comrrilsllori. · ··APWrfgtrt,~TRAlli!Uo.AXA994. · .. ·.. I'\'ELLSFARGDBASE·;JI4&L l21.00 -2~7.00 ·· Chec~-- :: 211812010 ::·.·:.EFT.... ·..SUIY.on Fto· .·. · :· 5FT· ·. · ·. SWVeri F-1e~11i1. ·. ·.· Commluloo Ccmm!ulon ~:~~==:m::m~·-- .APWrfgh~~TRADIRAAXA09,. ~~~:~g~~~== . Wl>U-$ FARGO BASE- 1\.459 ·: . .~l:~--- .321.00 .· .;,,605,00. -1,28-1.00 . ·..963.00 _::::·~:·:- ·:.Check·: : ~~~~~- .... ·.·~:: :_:·_:::=~:::;: ·: 2J''BI2"il1b· EFf·· .·. ·.·Stev4n F-ee~.· Corn!nw.ion. .Comml:ulon . comm!ulon . : . . . . . . .. · . : .. · . · · . · · . · · APWr111!1,R-TRAD !RA L.FG 1el. ·.· .·.· :· 'h'EU.S FARGO BASE:~.e.459 . .. AP W!lltl~R-TRAD IRA PLI 1•0 · ·_- ."." ." 'M!U-S FARGO BASE -lol58 321.00 321.00 ·. --442.00. ..-321.00. ~,r.,~~~lf.~;p1 30 ~~.t~:':":':':.~r ...9 · Cornmiukln · · . . ·· · ·. ·. . ·0.00· ·.:g:~::. : =~~'.·:·::::~~:: ~: :··=:~:::·:: : · Mlctu!tet E. Mc~JtY (8781·7:8tl) Cl:l~o-n•. AP McNulty, M W 699 .·.. ·..:·: .:·.· .:· · .· Y\IEUS FARGO BASE~ &45-B. · 321.00 ioti.oD 3,oGO.oO •. · ~a.cioo.oo . ~2,7i>O.OO. ::Ch~· . ·: 2.12~1-& ······5FT·· :.-:.~en Fe-e~.· .:· Cor:mn~MJo;Jfi: · · ·. ChQ·· · · :. -21251201D :.:.·:.:.EFT ··:. · "SWYi'11"1 Feetfi1 :· · ·. CommNion . AJl Md\lulty, M lFG 081 ·· · · ... · \I'JEUS FARGO BASE·r·M$9 ·.: . 300.00 .. .. ·2.-400.00 · APMoNulry,MLI!L:l .. :~g:: m~ ·:1211712009 . ·:uM ....:.so.vonJ •.s~~ =~ j: ~~t: Ca~m~jona .. : .. /JPHolb!.ci.w,J).)t.ATn.. .... APHo11Miow,JJPI183 · . . :AP Hoi!Od..,,J PU 140 ·.: . WELLB~ARGOBI\SE-·M5a·, .. WELLS FARGO !lASE" 646• . · · WELLSFARGOBASc·M59 .... ·:·::·.SPI.I(,:.....:... : ..... ,... ··:··.. .. 500.00. · 500.00 .. 500.00: : . . . . :· .: .. !1,91.9.61: ··1,000.00 .. : .•51)0.()0 .. .. 0.00 .. ..-11,~19.61 .. · :.chsok ·· ·· ·:12117t20Q9 -. ··_3734. ·:S!a"'MJ,S~Jl:a- Cll~ Lyn~ .J.e11n ~ht~lRA (87'U-421). ·.. · APCOI1ton~L~fiAW 89Q . . . . ::c:. v.al.SFARGOBASE.'M51 ·: ·: · . 1,\01.97:. · -10,727.84" .. C~ook. . ·1211112009 ;.!7~:. .l)!oyonJ.S~ju; Tol>l $Amouot: 119,199.03.. . .. .. .. · APConton~L~fiA LNL7'0. : . : . :: :: ..v.al.S FARGO BASE,.M!t: · · ... : .1,191.11i: . -0,$15.6$: ··.Chock·: :: 12117noog · ·:3784· -·stevenJ.SkiJul Uoeni.e-e: SUJ\1-eJU. Sld)J:I (10.00'%) · · . APCoolani,L~AALN~OII!A. :::•:.:·. :· WEll.!!FARGOBASE-Me9.. : .. ·.1,181.11~ .. . "-1!1.343.72·· :_:g::r·: :: :: ::::-~-:~;~;::::::A;:::-- ::::=:~:::t:_- -.Check-:... ·1211712009 ·.· .. ···.a7a4· ·su.venJ.Skfjus' Commluion·· · .. APContont,L~AAJPIQe2.. · .. ·' '·• I'I'Ell.SFAAGOBASE,MSt ·: IVJ-Cootent,l-IAALN:Lnl ......... !w"VELLSFAROOBASE.~84!il"·. 1,1o1.11i 1j1.&1,99. ·:-7,101.76: ·..S,909.80:. ·. ····~::.::.: ... ·. g:g~:: <~~:: . =::t~=~ . APC-nt,~~AA lNG 20f ·. N> Coolonll~AA PU 930... .. .. · .. WELLS FARGO 8ASE.'a.t59 .. . ..:.: 'WEl.LS FARGO BI\SE-6469 APCooll!nt,L...j'FI.AAGL062· . ."." :· . :... YIIEl..LBil'AAGOMSE·:.."$459. . .. ·1,101.00 1,191.98· ·. ·1,191,96 :-:"1,7111.84:. . -3,575.88. . -2,3413.92: :·Chook: ---~.: ...... "1V1712009 : . ..nM. ::.·S1ovonJ,S~iJ• ·· ··12117t20bSJ · ·J164 ....~-l!nJ.Skf_!u$: :~~~~~~~~~~ . 3ttH~~g~~:~~ ........ l:m:: ••·•. ~•82~:62 · : -1,191.96: . :u:s . 0.00: . Che<:k:· 1/1)2010 . . ;. 3~9' ......~.enJ.Skfli.Js" : ~~·:24,62: .. · . CDont c.nil J.l'di!io.,;.IRA (li1at-66J) .• 5 .· . >i~:lt >~= : AP Wllllern ..,C-IAA Lll 8» WSJ.S FARGO BASE"~ &459 : : gs2.48.: : ~.932.1': =. . . : Totoi.Amouol$00,2411.29· Uoot1!iioilllt.SI~Ittl J. SJ:ljua (10%) .. N> Wmom>,C-IAA SI,A 338 . . AJlWIIl•tna.C-I"RAMMI02.!1J.: . : .,. · WEU.S FARGO BASE· 8459 .. • : :.··. v-al..SFAAGOBASE.-8459: : ... · 982.4-l• . 992,48 ·-7,a3UII· ·: :.S,£147.22: g:~g ~=: ~:::~:~~~ Cun:m1t~Dm!. · : AP ~\!Hiiilms.,C-IAALPG 008.: : AP Wlliarm,C-IRA LFG 7!2 ·.. · . : .::·:.:::· WEU.S.F»tGO BASE"- M59 :: ·: ··. ·. · VII'ELLS fARGO BASE- &459 . . . : :SI~~ QS;t+S . ·5,115<1.78' . -:"1,1162.~0 . .. Cllooll· • . : 1nJ2010 : . 3DU .: .. , steven J, s~... · · APWt611tr'ra.,C-If'.AING 201 ·." ·:.""WeLLS FARGO BASE·· 6459 : ·· 992.46· ." .• ~.1>09.!.4· ·:.c~ooJc·. . ·. 1nl20!0 · · JOII!t ...... StevenJ.S~juo . AP\Ni1~11fflli:,C-IAA.PU98n·:: .. · :.·.VI.El.LSFAR.GOBASE~M-59.: ~2M ·2,1177,311· .. Cho•L ·: .. 1fl®1 a·:· . : 3~ : · : siovon J. Slil)uo AP IMIRorm,c..tRA AJV\ 7211 · · ·: v.ELLS FMGO 81\$E, 845g . 992..!6 . -1,98.U2 . .. Ct'leCk · ·· ·· 1.7.120~0 :· .· .: 3QI6ll ·: ·: stwenJ:s~rJ~: WELLS F~GO BASE: 6459 : ..-m.« . = ;:: AP \MIDoms,c..tRA LFG HIJ.. .. 992Ml . •. . •. • .. : C~ft .. ·..1.000.1lll ... ·· ·:·: WEl.l.S FARGO BASE 'M58 .. : 1.m.co .. . . · · ~tt,OOo.oo :. .:a,ooo.oo . '7,000.00 >g::: < >...... ~~~~L := · ·· Clloolc .......... 211e:iza10 ·: ... «08 .. ·:, 9tovonJ • .S~ <• 1:W· ... :WEL.LSFARGO BASE·.M5•. : _ _ · 1,000.00 · :. o;oo : .. tou..I"SteirenJ."S~ : .· :·: .... ·.:: : : ::_-:: ·:::: ·· ·34~3-W.ot:.!l·· . 0.00 • ~~~~:.~·~·~jln(i.:· .. . , . .. . .. .. .. . .. ·.-:.-:: .: : : :. _._._:: ·.:-:::::·:.:::..:· .:>.~:·-.:-::: ·: :: · . Checli .·· ...... · .. 1tt25120Q9: . :W19; . &ofl.MIUrst:~rdl-,lnll-.: . :· ·· ·· ·· ·· ·· ·· : .: VIIEI...LSFARGOBAS:e:~&o~5SI .·.: .. :,:.SPLIT-·:·· .. ·.. ·:.··.: .. :."."-: 11,000.00 . -'11;rioo·.o·o ·: · ·Chod<·.. . · · 11/lSWDO .. ::· :l-119. : S!on•hurotS.ourlU..,Ino: . ·c~ent l.ol>G.oiiRA(IJ781-:"17-!) APGreii,L~RALU8H. .. ....... ,:.I'JEU.SF~OBASE·S46f· . ,. .. 1,100.00: .. ·:a,oco.oo · Check········· ··.·1H'Z5120~: ." .. )419.: Sklnehu!"St:SeourfU;ea,rnc-.: : ·· ·· ·· ·· ·· ·io!al$amaLint$1GO,QOO::: :_ · ... ·. ·· . ·APGrt~II,L~~RAlNl740 ......... ·::watSFARG08ASELM5l: :: ·· ·· ·· ·· ··1.100.00: ·.uoooo · ··.Chr.ck :: .·· ... ··1l12e12009: :· 341.9 ... ·Stc:nth~rsi.Se-wrfllet.,lru!."_ · :·. ·. . . .· .-Ur.erullllo'l;.!?t(Jn~!:!un;t~!ltl_'!!!lfHoUyt,lichOias.:n0(11%) .. .APGreG,l~RA.lN1..26A .. · ........ ~SFARGOBASE.~!-4-S"!i-: ·-:·1.Hl0.00·: . iroo:oo . .Chock> ....... 1112!512009 : ·:l-119.. SkohtSeourlU..,I"'· . . . . ·' . . . . . . . :·. · · · .... · :· . . . APGroii,L"RALNt7az ·: .... ::.:.:.· I\B.l.SFAAGOBASE:cM51 .......... ·uoo.oo .. . . :~,.500.[10·: "Ch111::k··:·. . .... :11/.25/:lOOt·.·_- ·~1Q: -: .Stnrif!MUI11:Seoortlieu.,lnc.... · .. ·. ··: ::; :- :: :· :·. : : :· : :_ ·. . :. · :·: : APGreU,L.:lRA.INGOM. ·. t.\£l.LSFARGO&AS~~MS:i ... : .. ·.:·.:·;::: 1.100.00·· ·",400.00 : . . . ·.·~~····· H~~E Eli =~~~E:E:i~L ~g;;m:t:EF · =tmSggEU:E:. · · • ·• l:J~:: :~3,3-00.CIJ . ·:chl!dc·· Che-ck."." "11125J20-os· .. ·w19· .":. :stonehum~~.ln;. ·.· · . .: 1f712010· ··."." .."EFT· :: ;.StonehunrtSeQUcft!Os.,"ln!t. :: ::: .. ··::: . · · · · · · •· •· · ·•• •·. ••·· .· . ·.. . •. •.. ·· . ·· : ·: : : .. : . .. Mii.ttiaon., T~Mel" I., lAA(G1a1-t15i)Comi"Misio..il. A?Gre-lf,L-.IRAJP~1!;3. . > ·: :· ·:.~SFARGO.EIASS.-Il-4!li9 >. WEllE! FARGO B.6SE- 8459. .: .... : .SPL.IT- ·: · .... :: ··: : .: ··:· . . · 1~100.00·· : · · · · · ·· · ··:: · · · · · ·5,500.00 . · :·2,200.00 -1,100.00 ·:. : 0.00 '·$,1100.00 ·:. : : ... :ctn11r:k . : 1171201G · · ··.·EFT: :.: :stoner.u{lt.Be;rortt!es,lnc·. ::- .. : .. :. .: · Comrnls$!on. . . "AP Mat611an,T·IRAU.I !M..: . ·:·." ·:·. ·:. ~5 !tAAGOBASE ~&45:9 · ... 550.00· .... ,-:"1,950,00 : . ·:Che-ck . :: . :. : : · :11712010 . · .. ·:EFT· · · Stoni!thu....t.Se-cwttlu~ Inc:·, :. :. . .· .. ·. ·: Ct~mri11N:Iori .:N' M!'dl:llloo,T·lRAAOL 73l· . · · · ··· ~S FAAGOBAS!;. ~84159 . 550,00.::. -4~4-00.00 .: . ··::Che-ok." .. : .: .: .: .. 1£712'1)10 :· .. ·e:-r: .::-:st9nehunrt~tt~.ln(l, .::.:··: .· :.: ...:: .:: Cori1mMioo· ·APM•ttloon~T·IAAA,'II;A8[1.1;: ... ·: ..".".: INEU.SFARGOBASE:&-459 ... :.55o.OO::·:-. -3,80.0<00·: . . ···Check·. . ... :1f712010 .· .. :EFr.:.. :·.·atan~uiTI:Sftcmj~l!!".ln~.···: ·: : ·····commlnlon: .AP-M~Oil,t·IRAPUVJO .:.·.:·WELLSFAR:GOBASE~8459 5:5-o.oo: .. ·:· ·~3,300.[10 .:: ...:CI\Ock., :.11112010 . ·eFf . ·: .'Sibo.,orofa....i··Ston&hui11Se«lrltl:IIHI,Inc. ::·.:· Commiaion. "APMetr:$01'1,T-iRAING201 :.v.'EU.SfAAGOi!AS.a~M~9 ·.!5:50.00:· : . :·2,200,00 . : .· ::Ch&e~e ........ ·: ::11712010.; .:EFT: :··:StQn.imu.m1Se¢Urlfes,lne:. : Ca01mlalon APM~dlhotl,T~,RAANI852".. . ... :: VioalSfMGOBAS£:.~&459. : SSCJKl:· -1,55cl.DD: ·.·.Ch-ei:ok::· .: .: .:1nf1.1JtC. -EFT .··stonehurslSed.lrlllu,lf)o:~· Commll&loo ·· ·· ··AJJMr.~.i-~AAlFG732 .. : WELLSFARGOBASE.~I45!:1 55-Q.OO.. . : . ·~1,100.00:. · :-~=:.:- .. --~~:~~-<.:: _::~~r :.:.:.=:~==~:::~~~-:-:· : : . . <:·:·.g:~~-=:::··::::·:.::: :. _::.. . . . ..· . -::.::.::~~::=:+:r:.~~~~ ..... :: : :tt~~=~g~-:::~~-:· ::~::: ... :.: . : . . ... -$5(),00 ge .· Ched<." . P B41Non~J-IRA.?U ~o·. :·. . . .·. !f.'a..L.S FARGO BASE·~ M59 : 637.otl. . ~.1~5.00: ·Ch~M~k · 1/1'12~1D. . EFT: :-:··smnehi.JMSeMtlln,l!ic,: . "C!Clrt.mmlon.: PJJBeucm,J-IRALFG:!56B. :· . .-:·.::.::·:.·V\IaLSFAAGOBASE:.~&459 . . 837.00 : -2,54!.00 : .. · "Checll..". 1/t.u2G'1~. ..EFT: ·.: StOrl!!'hi.lt.tS.OtuittiMi,"lnc.: Commiulnn.. APSWvon,J..IRALF~7a2: IJVEL.LS~~GOBASE.~M59. . ... :.637.00 . ·1,911.00. : ChKk.".-.. 1/1oW2010 ·. :·EFT :· Stonet1uMS~:~Mtlln, 1nc:.. : . Commle;:!Jion Nl 8&es0fi,J.IRAAXA.!l97 WEUS PARGO BASE.- 3459 : . 837.00 ·: -1,214.00: . ¢~1Kk··. 1114/201(). .::EFT. _.: StonahurstSe~... Inc. :: : Camrillsi}D:il. :. ·: ~ a.Koh,J..IRAAGt\il62.· INELLS FAAGO BASE~ &45il- ... 8~7.0Q: :· · ·.a.1.oo·. ·Ohl'l<:ll:: 11l.u2"010 :·EFT: ·: Stoneh:un.C~arrttles~~nc.::·.· Comrnla~o.n· .·.:. :. Nle.trson,J..IRAANI:521 · .. : .· _.wa..LSI""MGOBAS~.-.&45~-: :._.~~7_.0~ .. : . o.oo ... . Chac:k.· Y'.~l2~1:tl: ·:·f!T: ·.~WoeNu~t~e~.~nll-..·. ~.11Ja~~Ery1-~--1.~~~81-:-879)Ccmm~ioo.. ~SFAA~O BASE.~~69 · ·· ·.~P~:-!T:-; · :. 3,2!0,00 . -3,250.00 :.~i:l7' 393  .. 1a:40.AM RETIREMENT VALUE, LLC. KPKF Books • 02113/U.. · Payments ~o Licensee Defendants . ·.Attf\NiiBal• . .March 2006111rough March 2010 .. l'y ... : 'Dilte ·Num N.itt. : · -Memo .. -~ Cheoll;. :W1-BI2010 --- --- :. EFT : · ·:Rat!. Thompsollo · Comrillsl!on ~7.!16 Choelc 311M:Q1C :EFT .... ~Em t?1DmpKI?f): Corntnital"f"" ~1.96 .. T~f Roo1nc~: 38,.257.78 .. -l •.11. ,· ~edl: 1:-468 · ·. · · R~l!.ki Ft ~eman : · : :- : . ~d1ard-tRA(6181-7o4-) Cornml:nloti · · AP Priohord AGL ..._.. ·· ··WELLS FARGO BASE-~8. •sos.11 • -3.630* ~~c:k: · Cho. 176.5 .... ·RonllldR.CQiernliln -.: : ...Ta-tai$Arr101.irlt:3D,OOO.OO .. . MJ Bl'Mnet'!'lilh TNat.ANi 8$2 : · · · · ··WElLS FMGO SASE -114:!59 ~00.00 : -300.00 . Check · 911 &"200~ ·1785 · Rociald R. Coltman· · : .. Uce:Mee: RDnllld; R. Coleman (3.00%) : AP Bl"llflnem.an Trust L.FG sse:. ·· :. ·· V\IEUS FARGO BASE~ 84.!19 · JllD.OO : Q.(}fl. ~: :· :.-QJj~:Q. .. :.1798 .... Rona1dR..Coleml!lfl. ·Snodp:lsl&IPA(E781-~62)CI,)mnia-8kt~·· · ·mi.l.$i'ARGO!IASE-11450 ..' . .SPLIT•: ... · .·· . . . . ·.· ... .•• ,zw.oo .· .Choflck.·.. etla/2001".": . 1700 ·:.:: RonaldR.Col-emlm: :clll!flt:Roi:MntSoodgraMIIRA .·· . : AP!lnadW"~ IAA.Vv?LU,S2 . . ... WELLS FARGO B/I.S.E -IM.!ill_- · · · · · · · 321.43· · ·-1,928.51 .-check_.-:. 9/l81201'l:&:. :.: 17B8·-.·=.RohaldR.Colemlitl : ..Tmi$Amount:75,000.00. · · · · · Af' Soodg,...IRALNL 7.«f · · · · · · · ··WELLS FARGO BASE ·llol.'l9 • ~21.43 • ·1,M7.14 ..Chooli . 9/1 l!aOO~ : ·. .f7~ :.•.. Ronold R. Co!om1111 ; •Uoonooo: Ronof21,42 :3·1(i()Q.M :~::. .. -=::·:=: : ~:S~-- .. ~~=:~=:g::~:._:; : :g::J~r!~~r=~~~- =~~~~7~e'845 9 ••.•.. ~~,t,;iilo~~&459 .. .•. soo.oo • -3,I)Q(I.OO .. ·2,400.00 ····: ·-1800 00 . :· Chec:k ·. 9124,'2008 .. · .. 1855 ······R-o:n1ldftCol~man · ·.. :n;t.r.S-1'\mount: 100,DOO,oo·· ·loP Cmpy lNG ~~.. · · ·. · ·. ·-. ·: ·. · Vt'a.l...$ f'AAGO BME- 8459 · .600.00 . -1)oo:oo --~=: ·Chetk··=:· :!'J::.:-:·:-:_~:~ .-.·:.·~:::~~g::~=~ 9!2-412POB·:. :. 1B" .. ·:.·R¢ii•ldR.Cole-rn:an .: . :~=t.l(b~=~:=~:-~~~) .· ·Cl'espy(87.!1-200)0JmrdMilon- . AP Croopy ANI802 ......... CC CC .:: WEll.S fAAGO BASE' MSL ~ =n~= :;±m~~g~:~: .. · . SOO.OO : ~~:g: • •·..oo.oo 0.00 . Ch~· 9!29!.200fil ~ · HIYO R-onald R. Coleman -~l!lcon IRA.(6781-204) e«nlfl:t.!.ion .. . • WELLS FAAGO BASE- 11o4'S ' · · · • ·. · ~PLIT- .-Uil6.25 ·Check · · !mS/2009 .·: : · ··18!10 ·. Ronilld R.. Coll!:fnan · · ::Client! ti:abe-1 R. ChAcon . _. -AP-~BconiRAINV201- : ·. ·... : 'Neu.s"FARGQ.!lASE;-S45!J:··. 299.25 .. .-1,1:&7.1lQ : Chaci:.· ·. · : 9129!.i!009 .:.· · · 181i1C ·· · · Roi-l•ld R. Col!:m:•n · :·To~l $ Arnm.mt ~9,875 :AI' c~.:C., IRALNL 782 ·:. •:· .. •:, ·:.WELLS FAAGO BASE' $-!~9. 291.25 • 299.25 . -$!01.)5 ·5M.54 : · · ...Chtcl<. · ·: 9!2912009 .· 1890 · · · · Ron:ald R. Col~:man · · ·ueen..e~ 1\Dfl11ld R. Coi111Nn (3%) . : W"Cha..-on IRAAN1-8!S2:· ..... · .. ·:.· .. weLLS FARGOBAS~i:-81Sa · · . Checi: .· · :912912009::- . 188Q · · ·: R-0n81d R.·CDJtm8n :.· :ella~ IRA(67i!l1-2o.4) oommtmon .. AP~:11can IAA.LFG:S$3= .· W.CL.LS FARGO!f3ASE~I;M5$ .. 299.25 . . -2-911.2!- · .. ·Cheok · 912912009 :- · · 181i1C R-DJ~.ald R... Colem:ai1 ·. :cl·u100fl IAA($781-20-4) commi:nlc!l.. . ... : Af'Cho""" IRAIIIG Ol!· ·.:WELLS FARGOBASE-$-!~9. . 29.9.25. . . o,oo .. : waLS FARGO BASI!· &4511 :· .. :::· . .SPliT,···. . . . . ....... . "1~.21 -llol.21 C:tld 101912.D09.. 2~75 · · · · Roo~ld It" Coleman· R. MoDclnald-4RA (6781-270A) C(Jil1rniul"l!n . D.OO . .194.2! .Cho.P MoDon•fd,D--lAA LfG 5M:. ·.. \rVCLLS FARGO BASE ... 64-59. 150.00 • Ch.edc 1ota/2M9 .... 2:ao .... Roo11ld R. Colemin :: ·· ·Client OrudDa McOooald -IAA: · -31s.uc· :Check 11l/9121X19 : .. .". 2185 . . R-cn1ld R. Coll!ll'l"ia~:~:. . . :Fil:l-ley-l"AA·\6181-2711 CommJM.Ioo · •WELLS FAAGO BAsE· 04511.• ~P!.IT> ............. . 3W.36 :AP Flhey-IRALNL·7-92: ·· .: \lti'ELL.SFARIJOEIASE·8459: ··· 191il)~.ft : ·199.68 :Check . 10[9,1200~ . 2~8:5.: .. R-cm.ald R. Colerm~n. · · _._. · · · :CIIt:flt Bllb;~~ra Fahay ·IRA-· :~:: ·Chedc · : ~~S:O~: 1011512009· g:~: 2261" : ~~::~ ::g:::~--- R13nlllld R. CQiftm:JJ+. · · -:·:-·: . . :.: . ·. ·::·.: .:~~~!o-:;f~r;tJ ~~:~7C) Comm~ioo·· 3 . ................ ·"Client R~rtJ. M:CODnald-lAA . . . . AP Fohoy•RA LFG 565 • • ·• ··. ~~~~~~Ncfit; • WELLS FAAGO 11/o.SE, 6459 · . ~~AiiGo Ei.o.!.E;~.,j . 199.6<1 .. . 183.75: •. l'UOO .· 0.00 • . ·1l5.00 • -5<11.25 ·Cheol<: t0/1:512QDQ. 2281.: RohlldR.Colem-IIJl:. ·· ··_-_-_··Toti!I!S"Ivnoont24,:5oo.1Ul .: · : .: AP Mjj[)"'"":..-d,RJ--IRAANf 852 . ." ..... VIEi..lS FARGO BASE-:- &459 . 18l.75 -367.50 . .. N'M&Ooo!!ld.RJ-IAALNLT-82. · WEUSFARGOBASE•I--4551: • 183,15 •. -183.7:5-"" :Chftek : : H:l'/1512009· "221:11":: . Rqn~d ~ Cflol"fl"!K.~ · · · · · ·U~e: fl:on•ld R. ~eman (3,00'%) : 183.75"." MD :Chr.ck-: . : 10/1512009· 2261= · · · · Ro.n:a1d rt! Cole.mar~ . RJ M..OOO'-'d--lAA(6'1.S1-270) Commhllon: . · : · AP M-;Oonllld PJ-IAA LFG 566 · · !fo!EU.S FARGO BASE.:. e-1-:!59. 1 · WELLSFAAGOBASE-1<459·.· :.·:<-SPliT,:.:. : .•:'.·:• :. :. ·• ·!All.OO · · · · · · · · · · ·-340.1)0 Choelc . . · . Hl/1M!009 ·• · 2Z66 Rooa!d R.·Col•m••: . OJ Mo0ooalo!-IRA(6761-270a) Cammlulon. • .. Che-ck: ... 10i1151'2(10S(.".. Z25G · ..-.-· ... RM:sldA.Cl)[firil':J-11. . Cllent:DnJdli!!"J.McOomdd--lRA . . . . : . AP MooOOold,DJ.IRA lNG 201 ... :.< •WE1.l$ FARGO BASE- &ISO .. . -3"'·00 .. ··Ch~k-· 1a/15i2C09 · · 2258. -RonaldRCo-lern.an: . ·: Tot61$Amourii:28,QOO.oo·.·.·.·.··.·· ·· AP Mobonold,DJ'IRAAI!I o52· C ..... WELLS FARGO BASE- 3459 . ...20.00 N' Mct)oiu.ld,DJ..fRALNl782 :::··:·..:·.·:: ML.LS FAR~O EIASE ~ M5S .·. -2.1G.OO _. . .Qhm-t;k.. . . 1011st2Q09 -~ 22'613 .· ·.. Roneld R. Colemlln : :·.· U~_.,o:· RonGjd R. Colem111n (3.00%) · ·c.oo· · Ch~k ·. 1Q/15J2(l09 · 2266 : . Ron.~~!d R Colem.an · OJ McDunW~I~ (8781-.27DSJ Com~on : I'P MaDomtla',DJ..IRA LFG .566 :· . WELlS FARGO BASE- 8459 · WELLsrAH;O.OB.A.SE ~-!45~ · . :~PUT~_-_-·.·· . • 1,5M.OO ·-J,(;OO.OO·· : Ch~Jfk : . 10fl3.12909 : 2~9-:i. ·Ronald R. Cof~mM . · ·· ·· . P.atae201: 394  __10:4-!JA.M .. •. f:tE11REMENT VALUE; LLC "1'1-PK~ Books ·e~3/1l :· Payments to Licensee Defendants · .. AcCru.il B-ul• •. March 2009ltJrough M•roh 2;0:10 · .Oobo ~"m ----.- Account "Dol>ll" : ··Crodft :· . Babi1at::. . Cb~k ·101231'200'9--: .. 24-95· ·Rona-ld it.talem.an: "CIIorrt, Moni?< F. Koyes [67S.J.a15) . APNoyaHll81~ ·. v,EL.Ui-~AAGOIJASE' !>lS9 :· : 300.00 : ·1,200.00 : ·:: Chocl: · ·,or.z31'2o09 · .:2495 :~:aid R~Ooleman· .Total S.amouhi:-$5-D-,000 . . . .. AP Ncy.ft 1NQ201: · ·"'hELL-S FARGO BASE~ &4:5-9 300.00 --soo.oo. -. CllEtl;l~- : 10t2312009 :~ "R.an81d ft:, Colern!H1· . . :Uoerwee: :MonlCII F. NIJy~ (J'nl .. APNWard,R·IRAHU B14- · : :v.a.Ls FAAGO IWie; MS~ : · ~6o.oo . . . . .,-I,OO.OO :.-3,150.00:. · Ch'!ck · Hli26J2009· · "2-Sm! :"fWn:ald R Colemen· · -Commiuh)h . _APWard,R~RAAXA1Ml :. . :::.~FAAGOEIASE'!A5g. . ..... ~50.00 _-2l~-ii.OO . . . Ch-et:t;·: : l\l"IZ6J:.!D0S- · · .:::i!~ .. ·.:R-OrJ:ald Ft CoiDm~n: APw.nt,R~RALtllo 741l · · · · :· · :·_- ·weu.s FARGO BASE- !A59 .............. ~60.00 -•~.oo- -:~::_:_ . ;: :::: ::~g=·::: ·.:~~ .:=::~~g::~:~:·: : "AI>Worr:I,R-IRAING201 . APWord)HRAANI8~2- · ·· ·· ·· ·WEU.SFARGOBASE,!AS9 ........... : :: M!Mo . WEllS FARGO BJ\SE • !A59 · · •so.oO ... ·1,eoo.oo· _,~:: ·-Ch:eek:-· ·· .: ·· ·· ··1~/Z6.1200S ·:- :2562 .. -:R-an.aldR.Coleman. ·APW.rd,R-IRALKL7~ .. ."i.". :·.·:·,:.V>aLaFARGOBASE:M59. :: ·· ~50.oe ·: Cht~ck: · · ·: . .1~/26.i10"09. ·.. ·2562 ·. ·:ROil-llld R. Cal:BI'I'Iiln .·J.PWII:t'd,R·IRALFG568 .... ·:.··:·_.··_-_.··:IIWlJ.l.sFAAGO:BJI,SE;~ft.4!li9. 450.00 :-4Sl>.OO: .Check.·:: ··-1D~ :. --2!562 -Aon-aldfl.Calemiln · · APW.r"d,R~IRA INa C36 · IM3-LS J:'~GO BASE~ Sot~:;! · · ""-OO.o:l ::,:.Mo ·.·Ch:eck.·.... _·: ·_: .. :.:1t)f2&'2000". ·:.2649.· · -::Ron~ld~.Cotem•rl · ·. VII'ELLS FARGO BASE- 84~9 ...._._ ."." .".sPUl-·_.·....... . · :1so.oo. :Aso.oo . . ·. Ch-ed:_: .. · .. · ...... 10f.W2:00'9·.: ·.::254!11: · .. :Ro.t;•l-cl R, Cniflm..O· . Cl~ent. Tahl& 1111. Ca~-(EI78.1·'l!-4) . APCII!irlet" HU 814 .· .._.: ...._. -."." · "\M;I,.,U rt"ARGO BASE:·- S459 · · · ·: 150.00 :-soo.uo· :Chac:k·: ·:- .: :. ·:.10~{1_:_.·-::~;. .. ::RGfle.ldltCoT1!1!11M.·. :.·:-.·:.·.TalaiSAmour1t25,00D.Oll.-. APCI!Ir'ter ING201· ·· · · · · · · · ._-_· ._-_-· -:·.'. lr\"EUS FAAGO BASE· &459... . .. :-150.00 ·"-<160.00 . ·--Check: · . . ~D~0(i9-:· :·2649 .·.-.-:·RooaiO BASs··!A~e .. · ....• :-sPI.IT-: -:-: -.· .·. -:.' .:: -.· .. . . ·: ·1,050.00: : -1,050.-aO: --~-- ·: 11111120D9 .. ··:2993 ··. ---Rorfalt:FR. ~l!llmml :cnorrt Bolly L 00rina(HRA.(07Bl.JS1)": : · · AP Oormu!HRA HU •1~ ..........WEUS FARGO BASE: &459 . 15M:oc:: ·-.·.CheCk·· .. :.. 11J111200i ... :2093 -Rc.t~:tl:tf R. CU1ernen AP Doimrin,B-IRA ANI 85~ · .· · : · 1/>aLS FARGO BJ\SE- e45g ·_- · · · · ..".": ·: · ··· 150.00 :--\Oo.oo: · · :·: Clmlc · · · ·· ·· · · · ·· 11111r.!Q09. :: ::2993 :Roll~~ R. Calemori :: · AP Dorman,!HRA Ltii.7B2 : .· .... · .., ."WEJJ.S FARGO BASE C&469 :. · · · · · · · · 160.00 :~1so.-oc .. ·· __.-_._ Chl!lc:k: ·· ·· :: ::·:: UJ11.12009 :.·::29'93 .. :.Ronal-dR.Col"~m~rl · · APDormll,,B-IRALI'G~ :. . .... "v.lillSFARGOBASEcMM ·· ·· ····· ·· . .":. 150.00 • D.OG" · ._:_·-Ch~: . . ... 11/1:212009·: .. _3051 ··:·: · ::ROOll:ld Ft Cai..:miarl · . WELLS FARGO BASE·!A~o- ··· ·· ·· ·-sPLJT-: .· . .. . ...........•. : .·: 1"5oO.oo::. ·:·: :: :_-1,e.oo.-oc: Chtok · Ch11ck: · · ·. 1111MOo&· · 3(1;51 Ron~~ R. Celom.,· · · · · · •1112J:l(ltiS_.._ ·--:J051. :: -.. :f:!:oolll~ R.: Cdt~msn · · ·6li;.;t ~.-i& y.;,;,~~ Kilian (e7e1-3~11 AP Kl~lon R~Y ~L140 . . ·IM!LLS FARGO I!ASE · &459 . . • ~oo:oo· . ........ ·1,200.00: . Toto"!$ AmoaLSFARG06ASE'I>t09 :· :: :. :: ~00.00 : . · ChiCk: . . Chock. ... ::·Chook: l111:mllo&·. 30.S . . . l1/1m!lQS.":· .. 30~ .... R""'IdRCa!ooi"':: ,_.It Cal'"'"" t1/12t2Cioa·: ... 3056 ··:. ··:.Ftonll:ld R. cmem.n· · -CIIrmt Julio K. G"'4nM(B"/01-:I!l2J .. :'rolll'l $ AmoLmt; :JJ11570..23 ·-:::~~~~~~-~~ AP Glr.rcar, J ANI521: --·::=·Fk~-~~-~~9: · _.:WEllS FARGO BASE_;, 6o4f!9 : 505.05 ·. :. 505,0Ci 1:,o~o.11 . ·1,010.11 .. ·::.-ws,(lll·:·· :· .. -Cl".-llo·· ·::· ·. :: ChKk ·. U/1SJ.2009."." . "32:5$ .. ·:·RonJI4 R. Colein~ : . . . . ·. . . . v.£LLS FARGO BASE !A59 .: :-.sPLIT·- ::.-.. :. :.. :. :. : :. 900,00. . <-flOO.OO:· _. --:-~::: n~~=:-:-: ::~:~_-:-::-::=:~g::: :. f.::'~ =.,c:.rl~~--izsj :· AP Coln,G IIGL ll62 · : . AP Coln,G LBL 771 : . .v.£LLS FARGO BASE- 8-159 : ..... 'l,aLS FARGO eASE. &4~9 : . . . . WO.OO .. :!00.00 --eoo-.{lQ· ---WMD-· : . ~=t .: Ch-tok.·. n::: : : .::·:::~ _:~-~~=:: ~ ~112C-t200!l ·:···-329o >.. :.RomtldReorem•n_. g::::: ·- ·uctem-!.lu: ROO-aldR. Col~marc {3.0o:%) : .:ck~-1: ~~;. K. -~irdner--1~ (8~~~_;~) : ~~~ci~eC!Mii APGardner,J.!RAUIM9 . ~Lif_FI\RUOI!ASE"M59 · ::~ FARGOBASE·MS9: . ~oo:oo .. 54.9.21; .. o.oo: 3,8-44.:50 ......... 4Mo4.:5D: -3,295.2(1" ·Chi-ck· 11f20120[1g ·····3-290 ·: ·· Rbt!a.ldR CoiBtrl•h :. ·':Toti:IStimoutrtlii2ft,1>!.9,!!9 ... -/1-P Gard'ta~,J-IRA LNL 740 ··\\£LLS FARGO BASE" 845'11 6:jomon · APGirdr1&• 1J-IAA~NG201 .:WEU.SFARGOBASE~84M-: :. ~!1:.21 . . --~i-21" ·Chao'<: l1120r.!OQ9."." ··;2Qo. · :·RorialdR Colo- : . . APGardtlOf,J-!RAAXA597 ·: . .· ·:WELLSFARGOBASE-!A59. M9.21 ~.co· . Cheok: . 12J23120~.". ·_-lO""'i-ilo. : Ac..lahHt Cc!enw.o ·: ·: v.£LLSfARGO IIAS~-1459 .: .: :.SPLIT-:·: •..::.·.·:. :. :. :. : .. . "9,000.00. -~,000.00 . · ~- ··1212312009 :-· :·3814 :. :- ROiial-dRColoman. ··Cii.,t Fr&ik_R. M.~owtm1~1J : APMo~ow,FU.I~ ...VIIIOI-UIFAMOI!ASE·MS~: 000,00 -1,100.00: . . . Ch.!Q · : 1~0$ ..." ... 381-4 . :RI)r'Jl[d R, Colainan : ··Total$ Amount 300,000.00· . Al'Mo~ow,l'LFG7-40. "v.£LLSFARGOI!ASE·!A59: POO.OO . '7~00.00 .. o-£,300-.-00.". :::=: ::g=~:::-- :·i:~::-· ::.~:-:~:~~=~·.: ·. : U-cerp!"e; RQfl._ll;i R. Col!!!rimn (3.1'Jc-%) : · e-:mi~~~ · · AP Moliow,F SlA ~38 :· .lAP lo.-hirJcw,F LFG 00:8 : . _:1/or'I;I-UI FARGO I!ASE-.!AS9 : : · : · ":"MU.$ FARGO aASH·IIi4~,;J : 900.00 OOIJ.~ :.s..wcoo· .... :soo:oo . ·. ~:: . .. Ch~: :: 1=~::-~: ::~1! _:; :.-~:-::: ~ ~== ~ 1212312009."." · "38:14 · .: RDiiald R.: Co!l!lman . P.PhhirtcW,FKaL$ FARGO BIISE- 8~59:: ·1U.03 · . . . . .. 0.00 · .Ch~!ol--. :·.1~V21'11D -'t-Iel$.·:-: RonlildR~amai-1 WELLS FARGO SME • 8-159". ·. .·.::-sPLIT···_-·. . .... 12,000,00 ·.;2,00o.cul" · :-· CIJent: Rlch~W. Staftiird--T~ditJofuiiiRAG7S1-B11 · :::=~!=::~~8:~: :-::::~:~:~g=~~~:< .:·:<:.-:": :: ::{~gg::;: -10,800.00" · Checl( · _.Che-ck · · · · ·. ·:: · :1f2112D1 0 . 1CC'1~10 -4-101: . : ~111ld ft cQreiDan . 4HIIli . Ronlllll~l't.:~t~TW!n·· . . Total$ lll"r!OiJ!ll $«10,000 · · · · . . . . '9,600.00 ·. . -141l000 . --Chedc ... ··_-112~f.Z010 .. ·: .f101ii. ·: Ron-alc5Fl-~!!mllll"" Uct~rmee: RqnaEd R ~emar-~ (3%): "APSloffi>rrd-TIWJIRAING 1•J· ... ." v.at.SFARGOei\SE: !4!9: ............ 1~00.00 .. ·2,-100.00 . Check ·· ·· -~121f2010 ·· ·· 4108 .: RIJ-t:"aldR.Coiernan·· ·AP.S1llfford-TIWJIRALFI31J3 ... -·:.VvELLSFMGOIJASE'_M59:_ : .. : : ..... __ 1,200.00. · :1,200.00 395  ··1o,40JI.M .. RETIREMENT VALUE, L.LC • KPKF Books : o:itz3!i:S : Paymer1tS t~ Lice~see DefendantS · ~ec:N...I Bul• · l.ian:h ~lioi ttirouunMa.C~ 2o1o Typo· .. ------ Dolo ·:ch'"*: .... · .... - 1t2112DtD- · ·· 4lG8- N"11' RooeldRCalinri.an· "MOn., -A~nt. APStoffi••l-TRAOifO aJ\$E - 11450 · · · -BPUT- · · · · · · · · 000.00 ·-~:~:-: . ch..x . 1/;lf/ZOlo. ·41ee. .Ronoto 11. to~•m..,_ Cllo!lt Arldrow M.·Ko...,ko 1"noo I!VI (67!1-0M) . · · : ..., ~.A-TRAD 1fiAA:00.00. : -300.00 :·Ch~ ··,n,.tztuo·- 4le.EJ. ·ROn.l'dR.col•rri¥~·· U~o'!!_,: ~1'114 ft. Ct:~~"'n:u-n {3%) loP Kozq!!;kQ)vi1=LAb IAA PW 140·.:. . ..'h'ELLS FARGO ~E~~5.9 .: . 300.-DC: . 0.00 .·Chad; . · · · · · · · ·211Z1120$o · · ·:-441!1" ·:li:cin11td ~. C:olem.-. Wlll.l.S FARGO BASE • Mli~ · ··-sPLIT-' · 7/lQ.OO . ·:r&o.oo ::Check· · · .· · · · · · · '2:/1~10 · . "418' 'fi;on•'Ed .R, Ccle111W!' APM~J1in~VGFG0&9 .: . . :watsfAAGo"BAse.·.. ;,.:59.. .. 15"0.00 · :...aoo.o·a· ·: Chl!d!.: · · · · · · · · · ·)11112010: ·:- -4411f :Rooa'!d R Colenillfl. · APMoo11n,VJI.XA091 :· : ·:.WELLSFARGOEI.'o.SE'8458: ............ 1~.00· "-450.00 :. Chedli · . .· ·-211312010 ... «HI· ·Rone'ld R. Col!!i~m-llfl· f'VlMertin,VLFG 113"." . .".YJEUSFARGOBASE-;-8459·.. · 15().CID: -300.00". ::Cheek· : ..... --211:amJ10- :.-."..W11!1 .. -.-Ron1fdR.Colemen lAP Ma11kl,V Pl11-4D . : ··WELLS FARGO BASE-3-(58 : 160.00. . -tso.oa· · :: Cheor..:k ...... · .. 21'151'.2010 ... :.4419. ·.Roo1fd R. Coleman JiPMarlin,VAGL llO .·:Y.B.LSFARGDBASE.;..BM9. . ... 150.1:10 . . · ... 0.00 . Check ·: 2r'25f2010. · - · «&7: :Rona'kl R. Cdem.llll"' . WELLS FMGC BASE. C..... . .. :: . ·-SPLIF: . . : 2,791>.18: : -2,796.18 ... ·. Chenk . - . ·2f2.5f2010 . - · · · 4-461- R®illfd R. Coll!man 1\P Smllh,AK-BENE IRA W ••• ·. : . ."WElLS FMGD BASE- 114!<0.: -466.03· . ·-2,33-0,;5· . ·· Chtr;k . . ·. Chedo; ·- :: Che~k. m.5Qtl10. · · · 4-447: · ·2r'2C12010 · ..·:·.2125f.201Q. :. «87; 4467· :Roo:e~~ !l Colemm ·Ronald Jl Coleme.n _Rooa.!dR..Col_am&n ;;~::~:::~:::::~~~ AP Sinl1h,AK-BENE IRAAXA 994 :· . =~=g~~:!!~L :WELLS 'MGO BASE- 1145g ..·. 488.03- 486.03. 468.03 -1,1164.12 · :·-1,39Mll ·132,06 .. .· Chfttk ·· 2r.l!/2D1D · ._.Si7· Ronald .R; Colemr.n ... · APSm1111,AI<-BENEIRALFG In :WEl.LsFARGOBASE-Mn·:· 486.03" .-41le.Dl :.Chq:· ·:.· .. ~10:.: .44.1!.7: .:ROOaktR.Cdem.an··· AP Bmllll,AK-BEI'Jut!Uh~D91: . . v.!ELLSFARGOBASE-MSSI"· 300.00 ... -1100.00 . ·: ChDck · · · · · · U4J2010. · · · · 4603· ·RMEI.!d R. Coleman ··. Co~m~ont.·. AP P'urollo,Ju~th LFG 183 . . . ·. ·.: .. .- .. :.WELLS FARGO BASE-8450 ·. : 300,00- ··-'loo.oo· -::·E5:·. ::::-:: ::-::~r:~g::· . ·::=~: . ::~:~i-~-:=:- AP Pilmo~u~ih PU .140"." .... ·.·.:WELLS FMGO BASE-8459 : 300.00" "-300,00" . /'

,JudlthAGL 130 · "·'r\IEU.S FARGO BASE.,.U59 · 300.00· . . .. 0.01) . WELLSFMGOBASE"II45}·:. :CSP\.ITC: .:: . . .... 8.82 :· -448.82"" ·: Ch8Ck · 3l4J201I$-14,11M.OO: . . . Al'l'uMo,J.aENEIAAPLl\44:: . ·.WELLSFMGO!IASE-8450: : 22-1.31: .... 0.00 · ChM:Ic:: ·:.3/111i:D1D: ·:-::~702: ::Romdd !tColl!.marf WELLS FMoi K; SollorTI1ld IAA[s761:oo2): H' Bll;,;e-r,W.TRADJAA.LFG Oln· ·· :·:· :·YliEI.t.s FARGo BAsE-i4:5!ii ·: r4s.5u· .. ·-&.74ll..B7 ." Ch~ .. . . .. ·: 311112010.· .. ·:.4702: :Rooa!d:R.ColemM·= Total$ -1t..-no~.mt $249~75 · · · · · · · a.. .. .",o,p Or,W.TAAOIAAU!I- ;1111" ..._. :·. WSJ.S FARGO BASE- 1450:: 749.1$3" :.-l!i,~T.O+ ... ·. Ch&ek . . : . : . :311112010 ..·..· o4702. -Roo;l!lld R.. ea~~m.,-... · Uw.e.~fl~ Roo Ctllillmf;fl (3'}1.)" .PP P,lll'iraH","W-TflAO fAA UK. 911!: . -:· :·. ~LlS fARGO ap..SS.:-ZJ.4:9!jl ·· ?U.6l -5,247.111 :: Cheok :. ..· .. · .. · .. 3111fZ010. 4702: :R®~.ld !t,Cqlam.., =.: Comm!alon~~ P.PP.Mtl',l/lf-T~lftAf-Jl.Al"J5 .. · ·.·.:·:-\I"S..l.Sfp.m;CBASE.:.3459: . . 149,63: : -4,407.78: ::Chet:k: :.·:.31111'2011) .. 4702 .:Roo:a~.R.o;:-.o!em.111.: · f'oJJ IJ!'I)r::llf~W.TIIAO~AALFG 117 :· .. : :·,\'\leU.$ f"AAGO BA.$E~ $4:59 .·.· 74M3·.·· . -3748 18" .· : Check :·· :: Cheok :. Chock: · · · · 3/1 Vlll10 · ·· ··311112010· ·· .C .. ~11/;l010· 4702 ··RottaJd R.. ColemM 4702·· .".Retnakl R..Colefn.lfl· ·.: mr.! .:·Ronoldi\,Colom""··· ·. ~::~z:::i=~~~~ : · ·.·.:=~=~g::t-::::~: AI' Boko!,W-TRAD!RALFG !!00 _:· :_WELLS FARTrP Mlhr,P-TRAD·lRA LFG \83.. · .. ·. · ·. t.-\£l.LS FAAGO BASE- ~5"!1 . · APMi~fti'",P..TWIJJ·JAAPU t40 .· ·. AP M1~8f,:P~TRAD1AAAG'I-130.: : ·-Vi.e.LSFAAGOBASI:-Mlit·c:· 599.H 699.96 .·: : VIJEl..L.s FAAGO SASE -04!!1 ." ............. 599.96. -11::: o.oo· Chol"hn'I<,.J>!l$211,11(10_ . . APJonll7.00: : -2,997.00 . "-:Check · =· ·. ·li1.et2010 . =·· ·· 4328· ··Root~ 'R. Coll'.llm.an· . ·Client Joden·~ C. Roblml:oo Tll'ld JAA{87BI-727) ... AP ftabf~,JC-TRAD:tRAAXA.Oll: ::v..£LLSFARaCl BAS£..:.04511·. 299.70 ... . ·2,997.30 .. . Check : . 311:!112010 ..... -4l26· -RQI1.akl R. Col•mM· ·: .. :·. : .. :: ·:. :. :. : : . :· .. : Totl!~·$·aiTHluhl.$99,900_ · . . . . . . . .. ·. AP ltobh,aan,JC-'i1tAD IRALFG 735 :· : IM:U.S: FARGO BASE-8-459- 2U70 · -2,397.60 .. ·.· Che~ ·· ::J/1~10:. ::..:~: .: ::RCH'iilkiR.Cclleman.......... ··.· ..... .. ··.·:.·: UconHe::Ron.c~ema.n(J%) . AP ROOinlon~C.TAAO IAAUIUo;1:.: ·.·MlLSFAR7~. 208.70. -.&19.10-- -S99.4D. -209,70·· · · Chetk · 311312010 · · · · · .(a28· -Rooudd R. Cote.rrian· .. APRilh!J:t.ln~,JC-TRAD!~.niL.BJ3 ·: .·~ fAAG.O ft..A.Sl;~S-459 ·: 2-H.fQ.. -0.00- .. Chetik .... :. :. :. :. 312512010. ·. 49!J.1· ·.: · ·Rooftld R, Cotemar1" · WEl.LSFARGOBASE445g . . :.. :4PLIT·. :. :.. :. ·.. :.. ·:: .. 2,6<0,00 : -2,820~0: ·:: Ch!!ck: : : 3126120"10 ·:·· -4-!Je-1 ...... : ·RooeiQ R. Cal.llrn..-. Cliont: Looh B. Robbin. "rnid IRA (87S1-1\0) . AP Robbli'IIII,L~TRAD IRAlFG 73:5 :· :": :.:'WELLS fARG·a BASE:- $45!il . . 420,0~ .. -2,100.00: .·..:Check.· ·.. ·312512010 ·: · -41»1· ·A.oo~ld Fl:. Colo~~m:im: •rrwunt$8-C,OOO .............. . Te~tiJI.S APRobb~111,l•TRAOiftl':\l8L361: ·: ·VfEU.SfAR.GOBASE.:.645!i · <20,011 -l,MMO- .. Check : ....... : . : 3126120~0. · -495-1. ·.· :Rooeld l'l. Coleman: · Ucenia11: RD!1 Colal'lt!lltl (3%) 1\P Robbloi,L·TRAD IRA AXIl :135 _._.:··WELLS FAAGa· BASE- $-459 : ~20.00 ·!)SO.OO. :· Ch1n::k. · 3125a01.0 -4!*1. · · .Rotlald A. Coleman. Comtnloolono :·' AP Robb~o.L-lRAD lfh 201Q .. ··T-· :Po!u ·.N~oun. ~- ·.A~nt. s.i~ • .· DobH :·~·~ian~~- Cht.e:k: 3J11120~ 0 ol-732 : Ga~ll.l1!t!f Flnl!noi~~ Group, Inc. : · APJonoo,MP-TRAO IRA·PU 140·: · · · · WEiiS FAAGC,l ~E- &159 .. . 1~95,67 : ··1,295.67 . -Ch-tck · 311tl201"0 4732 : :: Ga~a.al'LerFinanci111 Group.li1c. : .. APJon... MP·TRAO IRAJHL6J3: . : WCl.LS.FAR(l0.~~-.945~: ·: 1,295.67 : ... 0.00 . : ·· Chack· 3.118!2010. ·. 4n9: ·:· G•!l•uh~:Fina~cl~l~roop.lno.: :: .. ·: . ... : .. .. .. . .. . ... \"'al.S FARGO BASE- J4~~. ::-sPLIT- : .-3,!100.00 . ·: Check: · . : · -~18/.2:010: 4779:. . G-lll!ltghwitl!1Mei·llll Group, ITlo. · .·. · ·. · ·. · · ··CHant J11~ &. .Unt:UI tiob ('!l781-"!I[J.4) AP Hloloo,J&L LFG 117 ... WEl.I.SFARGO. BAsE,.I>i!ll: .~5MQ .-1,2BO.OQ. : .. ·. Chet;:k.. ·:.Check:. .:U18120"1D :: ::: ~779 ·: · · -G.allaQh.ei"AinMd.il Gro.,.p.l!1o. : :3f1Mil10. 477.9. Ga!IQ"!erFbistld81Groop,l-ac•. : ·· ·· ·· . · ·· ·· ·· ·· ·: :: :: ··Tete!$ amou~ $3-C,OOO .: UtenSee: _StM'~feek~.llt.l3%).· . ~ Hieidl,J&l.. LFG 246 . \o\"EU.S FAR.GO BASE- ~~g · -~50.00 . :-•..,..oo :.. APHiol:lo,J&LAXJ\011 · .. :WSJ.SfARGOIJASE-mg, .· <15~.00 ·l,ll$0,00"" Ch.eek · 3J1a.t.2Q10 ·· 1!779 · GaD!lgherFL'1an~al ~roup~ l:nc. :: · ·: Cotilm.l:tniCDRt . AP HI.... ,J&LAVL18c · WEl.I.S FAR~O WE"J4~U. · ·~so.oo· ··1,300.00 ·.· .. ·Check:·. 3116.120~·0. "779: GoUeghei"Fiaj-~c:ll:fGroop,ITlc.::·= . AP Hloli5g .. 85MO. . : -65(1.00 : . .. ···Ch~:. 3118J2010 "77:9: GtUiighetF!hancllrlGrwf),luG. · AP HI'*>,JJILJHL'S3l. ·:: ·: . .. v.ni.S fAR~O SASE· l!oi$. . 850.~ .. 0.00 .. · · ··Chetek ·311812010 :: GIDIIigf\~tr Flii:a~dmf Group,l-~:~a. -'105 : · ·'M!lJ.SFAAGOBASE-J459 ·::.-sPLIT-· ' . . . .. 60122 ..01.22.:. Check. 3/1412010 :· · · · 479:5· · ··· Oallaghetflnol'lclal Groop, Inc•. : . · . Cllliflt"Sarat. F,"J11ln1• Trai:IIAA(B71!11...S151)". PP Hl'lrrl&,S..TRAD·IRA·L.FG 1<4-0.:: ·.. ·.. 'NaJ..S FAR.GO 8.4.SE .. !-4~9: . . e4J1.22. .. 0,00 . Ch"l'ick" 3/131201Q .. :. :. 4827: ··· GI.~Ref;erFinll~ciiiiGTO'Jp,lnc.·:"-. :. ": : ·· ·.·.··. · ·· ··.·· ·: ·.: ·· . . . WEl.I.S I'ARGO BASE· 9455 ' . . -llP!.IT- · 12,1167.00 ·12.11t17.00 : ... Ch~· 311.at.!:D1iJ _:· .. 4827 : .. :·. Gal~l'lgh.,r An"~clal Group, [r)o, ·. CU11;11t Jodcne C. Robl~ Trad ~~(6731-7271 · AP Roblnoon,JC-TIWliAAAXJ\ 038. ·:: v.£LLS. FAAGi)IiASil CMS9: 1);11!,7c': ·· .. ~1!,15M,30·. : Ch&ek· 3118.12010: .: q;z7 : Gall~g:h~~~r Fln11~d&l G~"~Wp,ln~< ::. : · · · ·: .: : .· · . ·:: · ·. · · :T-etal $ amount$a9,900 · APRobl.,.on,JC-TRAOIRAU'G 736: :. WEl.I.S FAAGOBASE-11459. 1,291,70 : c10,369.60 . ···.ChECk·:.. · : -311"&1'2010-: ·:· UZT: . Gl.llftgherFinl'll"lci~G-ro:'.iO ' .·.·_.Check·. 311JI.i201o · . . : .u127.": .:: Gllil"ffl.;hflrFinnndNGro~.m~. Con1-m~ · . AP Robln-aon,JC-Tft6£11RAAXA 33!5: ·:·· ~ ~AAGQ BASE~-84~U · . . . 1:,298.10·: ·:~7,7B:Z.20 · .Ch&d<: ·· 311~10 ·: ..::. U27. :· Galfll;herFin.ancii!IGroVp,lnc.·· ·· .. APRobl.,..on,JC-TRADII'tALJ'G3iL"WCLLSFAAGOBASE'&!n. ::.: .: ·· ·: ·: 1,298.70::·. :,<1,493,!;0 A-UT:: :: .~al)ngh;tf"Ffnailc:lj:II.Groop,lilc.. · Chedri: ·: ..·Ohe<:k- .... Che~ 31111/2!']1(1·: 311!112010 . . «27 · 311812010 :: . GaHaghii!rFitl-e;nclaiG~p.lnc. · ~127 ..... Giltrighei- Flnailclil:l Groop, Inc. .APR.I::!blf:rs.t~n,~TRAQ;IflA.fl)(AIJ:II'~ .. :.· WfllS FAAGO~~IM59. P.P Rl:lblnton,Jc-TRI'D IRA·JH~ 383 · ·.· W::Ll.S FAAGOBASE~ &.45-9 . =APRobln:scart,JC-TRJIDIAAA""\A.180· ··.V!.1:lLSP:ARGOSASE-8459· . ... 1;JJB.TO·· . :. 1~98.70.: :.· .... 1,298.70.: .· . t~=:~ "4:,597.40· ... . ·.Check... 311!12010 :: ·· .ot827 ·::·Gill'fughiDJ'FmPhdidGroop,lilc..·: . AP Roblr>~on,JC-TRAD IRAPLI140: . WELLS FARGO BASE·II4~9 . !,299.70 · ·-t,i98.70 . ·Check · ai1!1J2010 -:· .. 482:7:·. · · ·Gallagher Flf'lanclal G!O\lp, Inc,·: ·APRobiMon,JC-TRAOIMJHc633.: ".WELLSFARG081\SE-11459 ··•" . . ··1,2118.10·:. 0.00 . ·:·.Che . ~.~1~.11~......, ...... 3,1~-4.-40 0.00 . ao,y J; r-,.r,.,; . . . .. .. .. . . .. . . Cl=k . . .1111212009 301 D GO'i H.OOllh!n WELLSFARGO.BASE- 045; : · ·, ··"SPLIT··: "32,W ~Mhe . Cu~~~rtl:i~~:n(67a1~2fi3A}. AP Hanal!ln, R A:tA &04 : : .. : .. :. Yi'ELLS ~ARGO BASE ·145-9 ··~m:: ·29,2Sohan ' · .. UCU"~sa-c~: GaryJ, Lenahi!:h (10,00%)" AP Han·teri, R lNL 7o4-Q · · · · ·: . : : \NEll..B FARGO BASE":' 8<5Q . 3,250.00 -22,7SO.OO: :Check·: . 11f12f.;:b09 3Diil- · : Gi:ry J, lenllh~·_- ·. "Com.rrdsilon · · · AP Hth.an, R lNG 201 · · · · · · ·:.·:.·.WELLS FAJWO BASE~ &45-9 3,250.~0·: -19,500,00 .. .Cho469 · a.CJO· · 0.00 . ·: : Cheok · ·. 3/olnO!O . : 4565 GOI1 J. Lenohon Total f amount:$3!,00-D . · .. · .-: AP Dou.;laN:10 I.Bl. 361 : . :·WEllS ~ARGO BASE--:- M5~ o.oo·· 0.00: ·chook : · 3/4120!0 :: · ·.· :~~es:· ·· :G;,y J. Lonohon: · Uct!ll•"e: Gary ~ah.a~ (10%Jj" ..... : AP Dougltlt~a,CAXA.99-4 .... ·: wa.LS FARGO BASE ... U..59. · · o.oo:· ·0.00·: ·-:·check· .:l/-4n010 .:. :. •~r.· ·· ·GIItt)IJ.L"l''luh:sn: Corri!T!iu.lons-:-:: .· . ··.. ·· ··.:: ··.·· ...:.:: ... _: : : _: _:APOOI.Ig-la.sa,CLFG117 .. · .:·.WE.ll.SFARGOBASE..:.~t;B_..: 0.00·· 0.00 . ·.Ciiaocli. · :3JolnD1(] · -4565. ::: .GaryJ.Lenehan VOID: Mr.lefleh~l1l& naw~dlvl'lln Dire¢;:P~yR i;lhangt~d comm!s.., .": JVJDQUI}!Us,OPIXAO!II1" .:.. W8.LS FARGO BASE.:.JW59 . o.oo. o.oo· · . o.oo:, . o.oo·· .. ·.g~=:.: :.: .: .:~~~~ .· "Chfld;.: · :31-412010 ·::~: ·4583. ·:. ·:~=~~:t::~::;. :.Gary J. Lenahan .VOID: Mr. Ll"'ffRhllln~t now et'llve In Dlr~P'-Y- marygt':d cc-mrnl~ •. ~ . AP Onugla_a,C LFG= 1-93. "VOit'l: Ur, Lenaha~ lt~ nawactiYIIf!'t OfriK:tP~tYR. changad oami"T"k... :·.-AP DmiG"Iiln,C PU 1-40 . VOID~JIIlr.l.anllhllrl'b~Hramallr . ·n,oo·· . .o.oo ·. Ghl'lck · . 3/.ol/2010 .· ".of5!3 .. :··Gary J. Ler!BJ-\an. Utt:ntee: Gary Lena~ tin (10.%). : APOeYotJilg,T lBl !fl18 : VI'EllS fARGO BABE.~ iLf5Q··:: .. o.ao·. .0.00 ·..ChO".·:· ::·....:....·· :· .. . . ... :·.··.· ·. ··:.: :APoerOt.J:n~,TAXAJ3~. ··. V4iU..SFARGO"BASE-!Io459 .· o.oo: .. 0.00 . ·:.Check.. : 3141'2010 -458:!-. .:G~ry J, Lenahm . . VOID: Mr.llll'lahan t.came·aetive iii Olrt:~G'tPay-·ctu!!ngedio EF •. ~· ·: AP Dt:Youn;~,T L.FG 117. .. 'liE.l.S F="ARGO BASE.:.. "1459 . : o.oo: :o.oo . . .Ch~k· : . : ::31-4/20111 ...:· . -4-583.... "·Gllry J, !Anii.J1Jri: . .VOIO; Mr. Lafii.tian ·ba-c:ame .llc!MI In Dlract Pay~ Chl!lngod too EF... · /JP OcYo;,mg, T LFG 2-4-a · . .. WEllS F:ARGO BASE ~ 9-45~ . .o.oo . .oao·: · ·Check.· 31-4/2010: : -4a-83· .. :·GIIry .l. ~ns~:an VOID~ Mr.lenahlin bkarrie.B.cti'iein Oj~P.Y~ ttumgadhlo EF .. ~: .. APO..Yo.i11;~,T /J.XA-IJ.gJ. . ·: .. WEllS FARGO BASE ... !1-459 ··o.oo· .o.ao ..Cti&Ck::. . .. 3-!-4fZ010. ·. ·-45a3 :GI!I)IJ.I.e_nahM .VOID: Mr, ~~~~~h~n.ba~I:Nf~jn DirectP~yR·changc!C{1o I!P ..~· : N'011Yoi.ih;,T lFG 183 : :· ..'II'Eil.S FARGO BASE.: 9--459 . .:0.00·· 0.00 Check · .. .. · · · 31-41'201 o · · · · : ~sa3· :Gary J_ lenZihlti: VOID: Mr. Lenahlln be-ct~~me at:tEve-in Oi"'etPeyR ctiBon~dto ~ ..~· ·: APO.-Yat~ng,T $'LI ioi-0.. . ... WELLS F.ARGO BASE ..:.1-459 . . o.oo: .o.oo·. :_Check. . . . · · . · · · · . · · 31-41.2011) -46S3: . .. :Gar)! J, Lena"!l.m: . VO!Ci: Mr.lenahan beoarnt'l !U::Iiftln Dli"eel ~ay~ changed~ ~r ... :: APDe-YD1.111_.,T AGt. 13~. . . . . .. ·.WELLS FARGO BASE; .:.;946Jr · 0.00. ·o.oo: · Chock · · · · · · · · · · · 314®1 0 &1'1' . . . . . Oo'i J, Lena hOI\. :n,o,;,;:c.Dt>Yoong(67!1<1l2)Commio~ .-.9,1HKl.OO. :· · Ch~ · ·· ·· ··.·· ;·JJ.olt.!.O~O .:··_-::. _-SfT . ." . .":-GiaryJ. l.en.~h!M ·. CamJni11111011 . : ./IP DeYoon:g,T LFG 111 · .- ... WELLS FARGO BASE ... !U'" .:·. · 1,5QQ,OO ,.r.~oo.Dlt. C.radlt: Bil~c*···· :Typo Data,· · Num: :M~ . ·comri'llt~~:~IDn . ·lAP O.Young,T PU 1-40 · · · · · · ·. ~S FAAGC BASG- $459 . 1,500.00: -1.500,00 Cl>ool< · 314.120;0 · EFT· Gfi'YJ.:LMlii!hl!:n . 0.00 .. ~FAAGOI!ASE.-·a-.459 . 1,500.00. Check· Chook · _ 3/412010:: . JJ.(QQ10' ..... EFT: . EFT" .. Gary J~qli:na.h•ri : G.sryJ."lenlllhl'llr, Cotllmltal-un .. . . . cart R.1~ond Douglel!l (G101-a1~mml'Micn Cclmmtnlon . :fAPDeYolmg,TAGL130 WELLS FARGO BASE- 545U ·lAP Dooghl.u,C LFi3 081· · · · · ··-SPUr- · M:ll.S FAAGO eASe:. 8-459 .5QO.OO. :l~~.oo: · .~J,&Ki.OO .. ~3,000.00 Chook 31-41.2010 · ··'EFT · GaryJ. Lenahan ·:2.~0.00. - 314l2010 EFT : Gary J.len.ahan Commtulon . · · · Nl Doi.lglau,C LBL.&It · . :WEll.$ FAA~O BASE-·e.~sa · 500-DD·· Cher;k ·500.00: .:.;;:,ooo.oo Cheok · - 3.1412010 ... -. .I!FT- : Gary J. Lenahan .Cotnmlulon />P Dooulu.,,C IW\ 9H . WEL.l.S ~AAGO liAS~- 1-459 : Ch~k. 31-4-12010 · ;EFT . G:ary J. tofllilh8n Ccmm~lon . WJDPiloiJgloP H"""on,Rol>ortiJ'G 081· · · · · · · · · IMllS FAAGO BI\SE: U59: · Ctu~ck 311812010 EFT: : Gary J. L~t~tum Comm~Q!~ri PJlHiutse:n,Rob;ertLB\..351. INEl.l..SFARGOSASE-&459: z:1J9A:J: . -17,117,().1 311!112DID·: ·· EFT. : .. Goi'(J.Lono!\on. · ·CommiO&Ion />PHMun,Robert LBl918 WELLS FAAGO BI\SE' 1<159 .. 2,139.83. : -1~.~77.41 Cheek CommNhtn. :. : APHarinit,A.Ob.~.AXA3:J.5·._-· ...... VJEL.l.SFARGOBASE:-8-459: 2,139.83. : ·12,837.78 Chomk 3118QDHI .. 11FT. : Gi.ty J. 4!r.ah1~ .Comrni!MI~m .. PP HmR-n,Rober:t LFG 117. . . WELLS FARGO BASE- .5-459: 2,139.63. -t0,69B.Hi ChRik" 3118.120$0 -·. EFT .' GJry J.l.mlll!han ·Checl< 311&12010 ... ·. EFT' . .: Gllry J. Lenah11rt . Comm~olon > AP imioon,Rol>ert IJ'(;24!· · · · · CC. ··WELLS FARGO IIASE -·U59· 2,\30,63 ... .. 2,13.9.83 .. ...S,5U:.52 ;.e418 &I .· :31141Z010 .. ·.· EFT . : GI!Jl' J, L'!n:Mhan . CommMion · MJH&nMn R.otJ.ertPJ(A091· ·· ·· ·· ·· Y\IELLSFARGOBASE~ a459: Ch11cl: C::bllci:.". · ..311412010 :· · · EFT -· · Gr.fY J. Lent~~h.;m Comm!Hioo . AP Hartsen:Robert.AVL 160· .· · :: \I'.EUS FARGO BASE-·8459· . ~~ r:~.R>~ :: '-1~1a:~ Contrl~or'f : : : : : : .. :. :. . . AP Hanten,~ PI.J 1.40 ·. . · _-·· Y\IELLS FARGO BASE~ -5<4-59· 2,139.63 ~:Z,t39.SJ :·. Chlclo · · 311&"2010: .· EFT' · · ·131¥)1 J.l.enahan . . 0.00 CanYl'liHion . . . . . . . . . . . . . · ....... : AP Hl!:nsen,Robert:JH~ 633.. · · · · · · · IM3.l..S FARGO BASE~ 1458: ::2,1:JS>Sl .. Checl< · 311!1'2010 · ·:EfT.:·: GSryJ.l-erJt~~llan . .. . . . ... 2,919.:14 ~2,919.3<4- 312512010 · · EFT -· GaryJ. LenaJum Doogln cer~ ~yrn9i1d-ROTH (e1&1-i-17A) Cc.rnmJuien: WEllS FARGO BASE- &45~· · ·. · ...S~IT- ·.:... . . . . . . . Checl< .~b$lOfl . 1 MJ!Jougf.u.CR-ROTHAY-A001 .· ... ·.· \l'a.l.SFARGOBASE···IJ.4:!j9· ;2,335.!1.8 · Cba~ 312~10 ·.: · EFT · Gary J.LH1:~~h:an .Chock . · 312512(110 ·.. EfT Gary J: Lf!l"lahli!"l -co~on . . APCougiH,t:R-ROTH JHl.·383 · :_- VSJ..S FARGO .BASE.· 1-459: '\,7$1.01. .Comml»ion . · · · · · ·AI'IloiJRioo,CR.ROTH AVL 180 .· . .: WELLS FARGO llASE-·1-459· ~1.167.74 .C~ac~ · 312512010 . :· EFT ~err J. l..mahllln Cho<:l< · 312512010 EFT : Gllrt J. L~at"lwn· CommloPStok.. ING 283· · WELLS FARGO BASE C!.!59. 20MO · Ch&ek 81'2912009. 1001 .... GaryOIIvftf .. . -AP.stckn OMl «8 : : :: :: ~llS ~AAGO I!ASE.~·B-459· · · · · · · · · · · · · · · 200.00 ·· · n,oo Choc~ · · G/2912009 · \081 · · Gory Oltffi .Cornrnb:slon ;uoo.on ·Cornmlsalon \r\EL.LSFARGO BASE .... ~9 : ·. -SPI....lt.. ·.-·· . . 1,SilO..Oil- Che-ok· 7J9i2oo9 ..... 1118 >G•ryOIIVei. L~,3ei-O.OO Chook 719/20Qil. \118 . GuyOI~or .. ·: Ccmrnls:i!Oii />P Jon"' LNL \77 ·· · · WEL.l.S FAAGO SASE C8459. ·1~.00· . ¢ommllslon APJohM ~L 't3L· :. ."WELLS FARGO .BASE -.&-459 . · t51l.OO ·1,200.00 Chodt: 71912P....,HaKeny·II'AI.NL5S\ ·· ·· ·· · WEilSFARGOI!ASE-11-459. u1~.oo · 0.00 CDrnmi~ltll·. . ChOPCI•flPCo,kAl.: :·--!00.00 . ·choclo·. 011212Q09. >1:W7 ·. ·:·Goi'(OINo< . ·200.00 . : · ·.CIM11[6761-&7) Commoolon. · .. APCiofl:!ll3 ::·.:·< WELLSFAAG08ASE'.M5!1. . ........ 200.00 .. . Ch~k . 8/12/2008:. iJ.Ii7: :=GaryOI!tier · •.• 0.00 . Cl~(678l...@.7) ~mrrb:BlOll · APCIOri~·:· -i,MtG.OO ··Check 612112009 .· 1«{1: GaryOI!v!ll" : APW!s9o-tAA l.NL 1n: · · · · · · "WELLS PARGC ·B.6.sE ~ $.459 : 15Q,OQ ·.-..1,.3&.(1,00. · Chedt · . . )l/2112009: 1-«a:. . Gl!llry arvor · · C~Jent Oa.vld VYIW.n-fAA .. . :·1;i00.00. .· :· TOttilt Amount ~.ooo.oa ..... APWioor>!AAAGL 13L . WELLS FAAPv..!l.So.,~~,"AXAS!U. :: .. :\'!;'ELLS ~AAGO.aASE-81;.5'9. 1:50.0D· .· ct.e-ck ·· ·G121fl009: 1-«a:. GIV)' Oll:v~r·.· .15et~~d~nts •. :: : Acr;ru~ BailS:-: . ·. •Mi!"'h 20oa tll.Ougli.MarCh.2010 •fYFo! ..tfRI00·. . _ -a-,000.00 .· : C/1""'. 9/1012009 : 1600 .. MlkoGI\;Ianoz,Jr. Cllent·JoriiO-.Jr.-IRA · · APfla)""4AAANIOS2 . IWUSFARGO i!ASE'.8459 . . 1,000.00 .................. ·-2,000.00 .. ClLool<. 1111012008 1600: MlkoGMion.,,Jr. .. Talai$Amoont2S,OilMO .. . A?Ro)· ..... 911012009.. 160!1 .• ·•· MlkoGMiah<:z,'Jr, .: ·: Molrnl-l~•]ei-IRA(678HM)Oormlsslon .. ·WB.LS.FMGO.BME-!.459.· .:•·:.·; .SPLITC ..':·:·: .'.•. .':.. :.: .· . . :$,¢0.00........... MOO.OO ,· .ct.eck 9/~i1/204;1it:·· 1Bll!!i · ·· MI!MG~;o~n~.Jr._ ·. Cllent.LO:rer!IP.!oHna,.Ra~IRA. - .. .. .. ·APMoiti~:.Ao}H-IAAMAM 88CJ. ::-:-. ·. WEUSFAAGOaA52--8459 - 1,3!!.0T~ , -4 1 ~.00 ...Cllo<:k. . &llllr.W~.. 160!1: MlkoGMionoz,Jr,.· Toloi$Amllt:45,0QO:OO . .. . : ,A?Mollnii-RoJ;.&.IRAANI952·:. . . . . IMllSFMGOBASE,.t>45~: · : 1,3~.00 ...... ·cz,7oo.IKi :Ch~.-- .!111Df2009::· ~005. Mlk6GMI,n.c2,Jr. ..Uoenaatdd_l:keGlvllantz,·Jf.(12.00%)· ..... "WI.Iolih..rtoja.-IRA:l..PG:SSB.:. : .. weu..sFARGDBAS!E.-8459 ...... ·· .... 1,J:50.QQ ::: :~1,350.00 :· ChCick-, . !I'/HJ/2;x1i ·: 1605 : ::- _Mik$Gfvll;an'(!:Z, Jr; ·: : .. ' .......... M~&na-Ro~RA(e78t-13+) C.Omlriuloo· : · · AP l.!ollhli-RoJaii.-IRA.~NG 0~ ·..... : ·:. V!JEl...I-S FARGO ISA.Si5--&45B' · ·: 1,MD.OC· . . . . . . ........ 0,00 >~:: ·Ch.,k :1:: 9110fl009··· ~~·· m:~:::!:~;: 1840·: .•.. MikoGMion<:Z,Jr;c ·..... '· '· ,........ _. •. ="j'!C.f"Xe~~~~-"' >VIIo"ooi-IRA(II711-13~)0ommlooi0!1:· ·• ·· · .. .. ~~~~11~s~a45o : .......... =~k~<:)BA:iE~~5; IMllSFARGOBASE-845~· .'.'.'.'c·.'.gpur•.: ... ·' .... ·' :· :·. .....• •· .. · ... .. . 515,52 .•.•...... 515.52 . . ,!!11-32 .•.••. cSl~:~. .. ~1..l2: _ChQI:k ·BJiDJ2009·: 1840: ·. ·MikoGMI'AAC2,Jr. .. ...... :· .. :: Cllerrt:RebeiX'IIVI!Iarr~tan~AA ·. APVlllflrT'Nil-IAA'IhiG036 · ...... WE.Ll..S-FARGOBASEM&469. . . 481.32. .. O.O.Q-: CI1R<:k :91\012001.: .1845. MI<•GMintl&&_ · .. ~~,1:5111.4-'B . Ch-ec-k.-.·-. .g,/1 ..1200~-- 1669 ·· ·Mik~GMlancz,'Jr. .. Cllent:Aib-ertFio:r-d1'1RA .: . . -/APFiar.-..IRAMET6SO ,.·.-I.\'EL.i.SFAAGOE!ASE~8<459. , .2,:!515.~ un,&4-l<54': ·chec!< :· ...... ... :amnooe.: ::·.1669 · :.·.MikoGMI•n<:z,Jr.·:... Trrt.I$Amo<>Jt209,662.38: > .APF!ar""RAAGl73l'. . :: ·: IWLLSF.•,MOIII\SE,.84li9.. . >. 2~15.95... C20,127.59·: ·:CI1ocl< :1111o4/2009.' . .'.'.Hl!RAMA.II04:......... IM!LLSFARGOBASE,.~~" · .... 2,515.95 · .. ··11,611.&1·. ·Chi!tk. :911-4liOOD:. :.-:1669. _.. ·.-Mik&GM!.Rnc:z,Jr·,. ·· ·· ·· Flllr$f:-frfA(671J1~1,_,)Cil~ .. :.. ·· ·· ·· '/4PF:!Qi-~AAVYPl:982-- · .... ~SFAAGOSASE-S.!59 ·· 2,!i15.95 -·.. ~l5,095.BQ. ·-·-th11ck : .... -9J1.oU2tl09 · ... :·~MY· '·:_:_-~~~Miartt':2,Jr, :. F!Qroe-lRA(670H«<)~~Qfl.. ·APF-!o~RA.lNL:7-toO:: .. ~SFAAGOBASE:.S-459 2,li15JIS _. ~12,57511.14 ··:Chock·. .9/1412009,.:: :11!59· MlkoGMionoz.Jr.. F~roHRA(67B1-1!111]Col1VriltOion." 'A?Fior-'RA!NG201: . . . . . . WE!.UIFARGOBASE,M59·::· 2,515.95. . . . . . . . . . . . . . . . . . ·10,063.79 :.Check: : ........ 811412009 ... '1669 .·.'. .'M]~eG~~m::.z,.Jr •.:·. :_FI\;.ret_•nU(6781-1&1)Commf'Mion. :MJF~r.&.:JRAMAMSOO .-:.-:.: -~aFAAGOBASE~Il4-St_:. ;;:,515,96. . . . . . :. ::::-:.-: ... -·.:· :~7,541.84:: . .Ch~. .. .... _9!1412009_-_-_-: 1009 ...-.-.·.'MikeGhl!l!-n~.Jr.- . F'Jore:a:--IAA(67~1~16-H)Corrtm•Dil· . _::--APAo~RAANI.B52. IN8.1SFARGOBASE .. Q4S(Jt ·. 2,515,1:1!.. · . ·: :: :· .. ·: "-S,C31,a;g_. ··: :Check:.· ....... 1111<112009 . .'.'.166~· ·::.MikoGMionoz,Jr. ·..f\>ret-IRA(67B1•1!111)Coll'on!ool011 ·:APF~rft.JRALFG6611.. .. I'£Lt.SFAAGOIII\Sf-845t.. ~,5l6,9~.... · ........... 2,61U4: :. :.Chact.::. S/1~9 · -_-,_-1Et89.. ·_-'--"4JkeGM~!Inc:.z.Jr:_: .... F'lares-lAA(8181~1'8S)Comftulon · ·:APF~~AAl~GO:'l.l!i: : ::_ :· ... :.~I'I'ARGiQBAS:E:-B459o 2,515.94 .·-· , , , 0.00 ·:·-:=:.:: Chocl< . :-)1~::0:-_:::.~-~~:- :::·==:~~=~::j~:. · lO/lMQ~· ... Z11B · .. ':Miko GMionO<.Jr.... ~:.:':~1;.:;~~~=;~: .. ·rotnl$ Amo0!)%)'. APGQrn~I~RAXA804 · -:::·.: \'Vals.PARGOBASE~-8-4-5IJI .... : ·: GOO.oo· · ........ -1.20-0.00: :CheAA517 _·· :- :_· :__ ·!A'El.LSFAAGOBA$15.~.&1-5& .. ·. . ... 600.00 .... :·-1.,&00.00 .. Che-tk. :· .. "12f.!.QOil9',_-·: :.eFT: :·':-MIOGNhncz,JJ\-, :·D'A1g-eloEi711-4-51~mm!FSle-n .......... :APD11~gelo,JAGUJ62:· ..... ,_-_-._-_-,_-___ .I;\£LLS;f'=ARGOSASE!:-,IJ.4-!i9:-· .......... '!3.~0·~- :· :· .. :·~1,200.00 ... · ChMik .... -_-. 12!JflOGO .... ::EFT ... · .. Mike -GMIIIIIfiC:Z. Jt.:.. .: D'Mg_.e!G 6781-.459 -oomml54JQn .. AP D:a~ge.lo.J lat.. tn ·........... _:\MaLS FAAGO BASE--e-45'0:. :_:-' . -. . . .E!(IO,OO .... · .... ·-SOO.Dn · . : C~od<:. 1u.u:-&4-5.8 ........... .. :·,-·/tP~ti,Jorgi!-R.Ot.H:Ja..XA828CD --MlLSrMGOeA:S8-M5S·_ .. ·.,·::·::·::·: .......... ·APK!-ftit9"''!8·~illf'Ue-R01t-fi-FG311 ·-:·.. : WE.t..LSFARG08ASE-~E1--.·· ·;. ·. -· •· · ·• ·• ·~ 1.338.~: 1,3J-8.B4 · 1,3311.84 -. (1.371.88 . . .. _· · -9~371.1$1 . ........ ·8,033.04 _ ---6,6~.20 · ·· ·· ·· .o5,35!i.36 ·Check 312:e12010. EFT .: Mlloie01vlltnez,Jr.: · ·· ·· ·· ·· ·· ·· ·· ::commlnlon:. ·-f92 . Chock. · 3125J201 0 EFT MlkoGM'""""Jr ... Cornmiulon AP KIJ11ipta,J•dJ'QO ·. Chact. .. . ..... 711712008 .... 1147 . MDkleFe~gwon~nv~nte,lm::..·· Orrmm~~DI"' · APB«h~om-IRAACll73L. 'MllSFMGOBASE·M5t... .905.1~. ~.-4]J.Il,a6 Ch~ .... ·: . .... 7f17J2C09 1147 :: Milklo Fergwon ~nve!5'11m-n'll!l.lr~~;... ·. . :. ·=corrrni:$J1DI1 ,A.F-am-IRALNL59l : . ..... :·:: WEI.LSFMGOBASE-M5L ... &01'.14. . .-4,525.72 ehii-Qk 71171200-9 . 1147 . Mlllde f_,rgu.tion· Jni{H'IMante;,.lno.: · Comrn!M1oo : f43~am-lRASLA..Sl-4._. . \NB..LSFAAGOBASE-.a.t51: i05.1" ...J,620.58 Cht<:k 7f17.fl009 .... 1~47 · Milkle r'crgu~n1nli~~""~lr~o,_ Ccmvn!Mlon·· IAPe..ekhBm-lRALBL166 · .. :. 'IIIEU.SFARGOBASC~t\45:9:- .WS..1o4. -2,715.-4-4 Ch~ ........ 7117!2009 .... 1147 .. : Milklo r'orgu!lon lnlitGtme-nm.,-lnG. . : Col'mi!Ml.m ,A.F-am-IRALNL03~ .... · wa.LSFARGO BASE;~59:. . 005.1~. '1;810.30 ¢hi!Ck 7117!2000 1147 Mllkle F"ergueon.lnVe.-tmen'i3~ lnci. . · · · · ·COIT'fntl$-lon : /lP Beckh•I'I"I-4RA lNG 283.. ~S FARGO ~E- 845S. . . ·: 90!.1<4. •. -905.16 WEU.SFMGOBASE-~59. 901'.16 . . 0,00 ... Check 7/17t2009 . 1147 Milkle.Fer~n lnv~M~tmeriW:,InC:.. ·:·. .~ommbHlon .. AF-•m-IRAOML«6 Chtck 7117J2009 .-· · 115~ MUlde Fergu~on lnvMtmenb, lno. · ComrniMlon . WELJ...srAFWoBASE-8-45&.. -SPUT.: :: ..:: ·: :: :: .:: ·. : .. .. . . .. '9~0:)6-,po: :· -~51,030,i)O Checl: · · 7/17l20o9 · · · · 1151 · · :. Millde. Ftrgmon.lnves~. lno. · . CDlTrmiUl011 · . fJP Sqal.r-IRAlNL I-S1 . . . '·:. ·.....:. WE..l.LS FARGO 8fo.S~~ ..M5D_. · .......... ~,290,.11!S · -7,745.\6 ChBDk 7/17!2009 .... 1151:: : Mllkle-Fe~l:n~'lmm'!'l,ln.c;~. ::. Cnmml:u.1oo ·APSqul.er--IRASLA534 . ·. WElLSFAAGQ~·H59 . T,:Z90.a~. ;.,s,4&4.3.CI Chec;~ 7/17f200g ·:· 11fH · : l!dUkleFergu•anlnvertrnen'll,ll'lc: :· .. Com~ao ·· ...AP SquJ«-IRA!..BL 1'"... . .. ~ FAAGO BASE· J4:51f : · \~90.11:!5 ~5,i-6l.45 Chid: 711712009 1151 · Mllld•F•rgu~onll1~ 1 11"1(;.·.. :.· ·· ·CQm~an · :·APSqul.er-IRAANI-852. v.£LLSFARGOBAS1i~·B.ti5B" .· i,.290.S:5 '3,872.1<0 Check·. 7/1712009 · · · · 1151. · · · Mllkl-& FargUaun ll1ves-tm:ents,lnc,." . · Com~oo :. · MJ Squlcr-IRALNL D32 'NELlS FAAGO BASE ··H69: .... : ·l,2glU15 '2.681.75 Check 7/11t2009 ·., · ·· 115; Mllld.e Fergu:son lnves"~Inenb, Inc. · Com~ . .!APSqultr-IRAING 2-!3 ·.· V£U.S FAAGO BASI!! -·&4!5!ill: . . ·1,-:i::EKJ>IKl:. '1,2<10.05 ·c:h~ ·· 7/17i2009 ·· ·· 1151 .. ·· MllkleFeroUaarilnv~,lnc. ·· ·· ·· ·cammutao ·. APSquler~RAOML~. .. .• .. 'MllS FARGO BASE· ~·•: .. :......... 1.291).8~· ..... . 0.00 Cheo;; ·· ·· 7/17aoog ·· 1155 .. ·.· Ml!kl-11 ~ergo:mm·lrtVmrtinenb,lhc£. Ccm'r~ · WELLS FARGO BASE· a459 ~PLIT-· · · · · · ·· . ·. . . . · ·· 1o,$~.00 . ' -10,836.00 . : .AF M.,owo-JAAAGL 13L · :: . : \\iai.S FARGO SABF~59: ...... : 1,806.0-IRAl.Bl.165 · .· .. :· ~-I"ARGOSASI::!;M50: : 1,-806.00 ;5,418.00 ct.ec:;: -T/171200:11 .. ·:_.. 1155 . Ml11d~ Ferg•.l~ lnvnlmerib:, Inc. . . Comrniill:s-100 . AFMo~RALNL032 :· ·• ,.• ··: 'MllSFARGOBASE·~5Q: : 1,806.0!RAAXABI>I .... \\iai.SfARGO~EC.Bol59. · :·1,aoo.oo: · . . -1;;!,800,0-Q . AP StMion-~RA 1Nl- 591. . ...... :.·. WEU..S PMGO BASE:..-:8459: ::· ·=1800.00 . .. -10 &00 .aQ .. Chl!l<:l;: 11t1m;rGEJ; :: :: 1159 .. : Mllki~-Fcrgusor.J hwealrMnls,ln;r .... · · ··· · Oommimon ··Che-ck· 1/t1/20U · -•159 · · -MIIkle: F-erQ'JIOn bweitl'r.ll:!lntl,lnc·.· .. : · · · · · · · · · · · · Comrriiaahin . AP-stanle~n-IRI\ SlA 5:34 · ·, '· · ''M:LLS FARGO BASE~ .9<4-59 · ·· · 1:aoo.oc · · -e:ooo:OIRAANf652: · :: ··: :: :: :: Vil!l.l.S FARGO !lASE; ~59: . APStanlon-IRALNL032 .. ·.: . .... ·:. \\iai.SFARGO!lASE· 8ol59. ugg:~. ··s.~oo.oo . ~::1;600.00 . Cbecli: · .. .1{)71200~·: 1159 · ... Mnkii!!'.P&~an lt\Vftll.....,.ntl, !tJ!:. . Ccmmlnloo .. -: -: Cheek 71171200;: : · :1159 . MHkll'l Fargo.lsan kwe:Rtmwnt., Inc. -Cammb.l!on . APStaniMt-tRA~NG2ti3 ... ·:. ·:. \NELLSFARGOBASE·._,.5g_ : l,SOO.OO_:·. ,1,000,00 : AP stMJ.e.n-tRA OML 4-46 · ·· :· ···: WELLS FARGO BASE.· &4:59 · . "1,800.00·- . 0.~ C::htck 7f~7J2'00S; .": ·:. ·1151;1.:· Mil~~ ~•.-pan irFvft8'tmcnt&, !n.a. .CommiMI~ID .-.g~= ·:.· .:~~~=::·_: .:.· ~~= ~::::~:=:~::;~=::~:: _: .:. .... :g::~::: 'NELLSFARGOSASC·B4SS... . AP Lo•,.. -SPLit-···:..: .. ·... ·. . :. . . FonjlylruotlNL 17F .... lo'oRLS FAAGO BA.Sa,.~Bo. : OO AP Ll~ki!l >> ~~~:gg=~::m .· F;amltynwtlNUi91 · · ··: 'IM!l..LS FARGO BASE-·3459· .:~:: : liiiO !459 uoo.oo 1,100.00 :-o,ooo.oo :-7,2(1().00 : ·5"~00.00 : ·-Ch11Ak . . 713012009. ·. _.·. 1258. :. ·: MUkle.Fe~-.:tn lnVutlmlnt.. Inc.,·: .......... : :· : :· :: Ccmmlsliion .:Chec41;·: ··.:.check-: :·: Chll!lck· · . : _713012009 .. ·.· .. 1258. . .· Mllkle FargtJwon lrrto!!l'trMIMbr 1 rrn:.·· : 713012009 : 7/-3012009·. · 12~15' :. Milkie F&~Bon lm.Htmentl; Inc.. : 125G ·. .··MUlde Perg\l:aoo tnve.-tmVtb!,lne.-:' . .· Ccmtnluloo. · · · · · · ·. · Comrnl:ul01'1· · CommJ;Ifon· · ~ =.:::::. r~~~:~ AP Bel IRA OML.- .·. . .. . •~m~gg ~t::~: .. ·. 'NEU.S.FAAGO BASE• ~59 1,000.00 uoo.oo. 1,100.00 . ,-3.90· ::· · 1'1)'4RA{i1781 ... ··KrauUonmer~ :ron ·WEU-SFARGOBASE • 8ol69 ·· · · .SI'LIT·· ·.· ···· · · ·· · · ·· · · · · · · 9,000.00 · : .e,ooo:oo. · .. Cl1edl.- :. : ..... · .. 8!7/Z.009 .. : ... .".1296 : .::MllldeFergu8Minve-stnen~.ln-c:.:" . Cficnt~KI!!IyRaeKrau'OO'amtll": . _AP l1'lJ.li~AflGO llASE,0-459.. 750.15 .·,_--.,== _:>·:Total Martha A. L~re·: 12,l:lot1lll.. --· --· · ·.: Ch~~-A·~'T~-;120tJs $2Q3 Mldla~ A. Castdem.o- . · · · · · 'Ccicriml&t:ion · · · WELLSFARGOBASE-0-459. -5PLIT-c·. • ~.24UG:· ~.24U8 .·. · ·_· Ch:Kk : · · 7r'27/2atJ.~t · ·1.20l · MlOOa.•'A CMte~in;g. ·_ Commil!:eloil · · APGr.. ~ro(ILNL17L · WEU.$FARGOilAS2-M59.. 10,708,11 -15.3,~.-55-­ . · Check 71211200:9- 1203 : . Mf<:h••l A. Cnte~~U"~o. Camrnmlon · · · :APOros.plroo·AaL73L· INC.LLS~ARGObASE~-84!S:SI·: · 10,70-9.11 ·:--'2,1!!132.~-:: · ·:· Ch*C:k.' 7J271200t 1'203 . ..: MJ:chl!.e'IA. Cate~-nc: ·· . ..-. Comm.isslOn · · · ·APG~ItooAXA804. -~!'=ARGO BAS:E..-845"!1.. :. · · .10,701J.t1 : •TJ:Z,124.33 : · · ChKk · · · ·· 11271'1/JIJg_ ,203 . · ·: Wc:tu~l'l A. Cactd~n-o · · · · · Comll"FF$s:IOi1 · · · · • AP Gr""Pl""' LNl591 ... • ... ·: . .. ·. v.aJ..S FARGO BASa·, 0-451 .. :· ......... 10,70S.11 ·. • -21,418.22 . :. Check. ···l'I27120DJ: 1.203 · _: Mtdl .. EtiA.Cm:tel!mO CommiHion:· . APGr""pllonSLA5a... · •:MLLSFARGOBASE-0-45V · .. :• : .... 10,101.11.· .:-10,708.11 :· · Ohectw; · 7127f'l!JOfJ · · ·: ·1203 ·.: · · MCcha&IA Caste~ano ·. Commlulon: ··APGrm~plfOliAGL5S1.. ·.···-.· :··:.~F.,;ROQ_B,AS;Ec&45i:· :. :.·:.·.10,70-8.11 .· . . 0.00 . :. :.: SJ191200:S .· · ·: 1•ot ·.: ·: 'MrchuJ f\. Cute~.an.o · ·. . .WIW..S jt_AM.GiO BASf! ~ 8151ii' : .. :.... ·.. ..$PUT- ·.··· · _. ·· _. ··. ·. .·· .-. 1:~:~ . . . Ch11Qk Et:k1111'11li.nn(B781-123) CoJ'1lT1'1;n.IOh .. : Ch~t;:k Ch11ck. .. :-· 81191'2-00!J · ~402 :: BH91'2009 · · · · "14()2 · · Mlchll.ai.A CBStdano·. :·· MrchuiA Caste~.1111-a · ." Cllent D~rrell Ecktmwm . Tc;~mi,.Ai-Pwnt: 50.000.00:. · AP Eci<.,.on LN!. 1'17 · : · AP Ec:-ll~tmatlrtAGL 73l"· · · :::··:'MOlt$ FAAGO BASe· 6459:·. ·.· . : .. ::· :: 1/!.RlS FAAGO BASE:~r845D: ·500.00 · · · · · · · .. 5,ooo.oo: ........ : ... !500,00 ·.: . . · .··... .-·•jooo.ao- : .: ·Chi-Ck· 8Jt912001ii . . _: 1"-02 ·· .· · Mfchaei_AC~_~iin.a- :: .·. . .........._.U~e-e:.Mk:t.aeiA.Cafl"bl~•rio .. . ·· :APEc!uonnannAXA!o< · ..... ·....aL$FAAGOaASS-.a.5o:. . . . ·· ·oao.PO · ;l,SOO.OO . . ::·Chtck .. ·. 81191'2t10&". ·.·.: 1402 · MrohniA,Ceatll~ana-·:· ...... ::·.~e:k~(G181-1Zio)Coni~OO:· . ::I>JlEcice-rrtl8r.n.lNl7-40. ..--::.:.V'I.£LLSFAAGOBASE-a.tSD· ·· ·· ·· ·· ·soc-,oo · -Moo.oo·..: · ·. Che-ok · · ··: 8J1912009. · · · 1.1;.02 Mlc;hi.l!l A. Catdana- :. :. ·J!~ermwm(Q781-123) Comli'De.lon · · ·APEcl(.emumn TRA 28~ : ·. ·::: ·} VI.£U..S FARGO aAsc- 34~9:. . . . · .!OD,\Xl . •2 500.0~ . · Chei::k · Check Chock Cheok Chtck Ch!ick · · · : · · ill'a/200511... · 811812009 .· · ·: 1402 •· '. e/l$12009. ·:.1~ . . e/19/2000: . :: ·1402 · · · · 8,11QI2D09. · · ·. 1-4:02 · 1~02 MICh~eiA: castau.-,c; · Ml.cllael A. CRStdano : Miohotii\.CoioteiMo· !ollohoei A: c ..toi""o Mlchl!l-.1 A, Cutef.,D · ·· 1Zr'3¢1'201XJi·:· ·· 35111 :.... MichaeiA.Castel81"1;. .. c: . . .. : ~mmnn(0701-12l) CorrirN:Miim: · :: :::: E~erwmn:(e7e;1-1"2.3) ComrrR.slon: .. ::Eoko,.,.,o(07B1-123)Cooioonltolon• :• Eoko"""'o(6761-123) Commlulon. .- . ·. ·.. · .· _· . . _· -:" ·;."Eckl!lmiWH'I(8781-123) Com~!Xl: . -AP E0:Mmllm lNG 201· .· . z:~:::::;:fl!::OO . . . : ~:gg :=: . APEcUrmannM.AM B&il':.·· .. ·:. .. ·=~~"J~~~SIV. :::.·:·:··::-~~:-~tAGO~~·M6_9: = =: ......... "·1/IJEU.S FARGO BASE.;_a.t!:ill': .... :. :. ::.:: .. :soo,OO -l/ln:.U..S.FARGOBASE~a.459 . ":!Qti,OO. ~g:: :~~-GO:-: ·~..-:oocO.otni!o•l Somoo.rt$37,500.. . . . . . .. . . . . . ·.API'\\nhrloh,l(.lRA LLI8t9 ·. •. IM!U.5 ~ARGO BASE-·Ms~· ·· ·· ·· ·535,71 ·.' .. -2,67U5 .. Chl!d: ··:1213CJ21109. ·:_. 3911. Michaell\.C~tehno··· .· U,.,.,,, Mloh•oiC.,!oll•roo I«Kei~'MI'llrioh (1011). . ... API'Mhrioh,~·IRA SU\338: .. •: \/\'ELLS ~AAGO EI.'\SE-•8ol5o• · . . ·oJ5.71 •.. · •2,142.M • .. Check.· 12130!.2D09." . .".3911 .":-":>"MjchaeiA.ci!,tel:ain"D · Cbmmi»!n"" ·.· .... M'\'\lollirloh,~4AA LF<1 OO!f ...... 1'1"1.LS FARGO BASE· 805~· •' •53~.n: ,1,807.13 ·· Chetik. ·. 12tlOJ2000· ... 3911 .. :. MlchllliiiA.O.td'-'!0·.:· . . . : .APVYuttn1ch,K-IAAMMID25-: ::vr£LLSFARGOBASE~-6-451- .. -53!5.71- .:.1,071.42 ·--Ch~- ---12130i2D09·· :.;3911·· M~cf"II!I•IIIA.C.astelM~;~~:· ~3~:~t •. -375.00 . API'\\nhnoh,]{.IAA PU 980: ·... 11\'El.lSFARGO BASE- 6459• •. •: .. •535.71 : checlt .· :. :. :: 1~~-:· ·.:· 3911 :.- ··~M,ohleiA.eatei:an~: :: : :.::: _: _: :· ::·.: ... : .:· ... · APVMtirlc:h,K~IAALFG272.: . . : -::II'.€U..SF~GOBASE-3-45ill: : .. >S~5,71: ..._..... ChDOk. Check Cheock "1"213a.atl09 · ;.;· 3912 ·.· · · 1motlt109 · 3912 ·. 12/JC/2009_-: :-~ ?912 >· M~chael A. CutedMI) Mh:;h111nl A.. CUt~hl'lO . Michael A. C~e1Ew1-o .:- ·• • • • • ~:::~~~.rrt"m':::1RA(5761·i11) • ·• ..... · .WELLS FARGO 1!1\SE.' M59 • ~=:~:ttG.~ ••..• ~~:~g=r~~: .. -SPUT- .... ·.·· .<. ·. . . . :::~r ···· · ·· • · 375.00 .. • -321.42 .. • -267.85 . Ch~ · ChQ ~~= . · Ch!M:~ ·: . 12/3CIZOOO. 1.213012009·. · · _. 3912 i:g:~::· 3912 'M'cl1ael A. CHteD-IIfl-eo Michlilel A. ca5tebrt"' :~~ :· .. ::::::~g:i:·:~:: 12f.2(lf.20[)9 .. _. 3812 :- ·.· -Miclulel A. Coti!IDIKlO Lir:ttm": Mltii•tl CU.te!lano fat KellyVWihrlch (10'%1 :Comm~un. · · . AP IJ\!Utl'Jdch,K-IRA 8lA33.fl. -.· .":: .. ." .. ~.Ll.S FARGO BASE- 3-459. ----~=:~:~~=:·· ~=:~~r~G~ :·-::~~:~g:=t-::~r ·•· ~:~:~g=~=~~ · · ·53 ..57 :.:~1; .~u~ .·. .• -21<.28 ·-16U1 -107.14. -5>.S7 .. . o.oc·:. Chet!c ChQ Check 2.12512010.:-. EFT.: ·:·. Micha'liiA.CGte~ili'!Qo:. 212512010 :.:::. I5.FT ·: ·· 212.~01D .-: EFT· -MichatiA.CU1e~an-o: lul.iohl!li!!IA.Cu:IIJg~n:ll': · · .· · · · ·.· Ji...li.. LPI!tsd,efTtitdiRA{B781~1"29)C0mmlul'Clfls · Comm!Rlon ·. ·:·-.: .:--:: .: Comm!Mlon . ~~"ff~~~lli~9~ > ~;~Gb~E~~s~ :APPetehei1J-.TRADIRALBl.361:: : ·:: ~SFARGOBASE~e-455: . •5o.oo . -5C.-CcQ :· >. 450 00 ' · . "151>.00 . . -400.00 . ..-350.00._· ·.. . -:·~= ·--Check 2!2.151'2010 . . EFT: :~~~-:· ~. llillchz~ACOO"Ie~an-a. :::::~=·::!!:·:. . . .· Commle8~M ..... ·:· :::·.~o:=::. AP Potohti,J.TRAD IRALBL 818 • • ··WELLS FARGO BASE- SOW ..APP..00.i)·TRADIRAAXAJJ5 .. ;.11\'EllSFARGOBI\85-6450· ···A?Pf:teh-ei,J.-TRADIRALFG11i-: . -:: V'S.i.SFARGOSASE-8-46:&=: •. Oll.OO .. ·•.Oll.~O ·· 6"0.00: • -300.00' .-"-250.00 .. ... -200.00 .. · Cl'11tek · ···ctu!ck "C:hflck.."" 212512010 · 2!'26120fO.· 2J2!!il2010:: EFT EFT EFT· ~~t..el A. CattDWleo : lulcha-uiACdltU..M: · · Mldu!elA.CuteDma Coi"IV"I'Ib1i~on ... ·: Cort'IMIN~Dri· . · Carrrnlul:on· ~~::=::ti=:~~.ntr . ~~~:~g=n~: APPo;ohti~-TIW>IMLFQ1U ..... 1\'ELLSFAAGOBI\SE-·MS~· .• ~~:: • • • 50.00 • -151>.00 -100.00. -51>.00 . .• o.oo• c~;,;;; · · mw1 o oPT MI...,;.,· . Check : . . . . 11i3/20(l9 .. ~a16 . :. ·Mid1a·el Doll MQoiTcw · .. .. .. .. . .. .. .. .. .. . . . . WELLS FARGO BASE- 6459 · . · · · • . · · -SPL11'- ... .. .. .. .. .. .. .. .. . .. .. 2o,ooo.oo . -20,000.0Q •. Ch~ ·: .. ·1 1/31200!il·.· . ·2a:1e .. "Mictll!lll!"l Dan Mmrow. · ... :: CUflnt Sh~l'!t stnzl- (6?Z!1-J~9J:. · : ·AP S1oolk,$ HU 81L. 1\EU.S FARGO !lASE- 0459 . ·. 2,000.00 · . -1!,000.00 . Che(l"k ~ '13J2DOQ ·· · ·-za,& ·. ·. ·. ·Mld'1R&II'>an Morrow·.... . : . : 'r-c.ta:l $Amount ZOO,Q(;ID,I)I;I JlPStaa~k.SLLia119 . . .··. W::LLSr:.ARGOaASE.:-.8.459-: ::.:: :· ...... 2,COO.rul: . "·16,000.00 .·. Cl:u~c:i;·.- _-·· ··. ····11/3f.i!OQ9::. 2818·_::-:·IJHch~II·Dan~QJTQW.·_· ·.-:--~:: .·.. ··.. ·· . . . . . . . . . l.I~~Mlch.nJP./Ionow(10.CD"'Iii). • APS1ooi~SAXA804: .......·: ......• :· l'.t!LLSFARGOBASE-6450 ·· · ·· · 2,00MO · -14,ooo.oo··· ··chO<:i · · · · · · · · ·· · "t11312009 .: -·~ec~ :· · Cllac:k .: · · · · · · · · ·."111312009 · : · · · · · · · ·11~0&1· 2816 · 2316 2816 Michael Don Morrow ·· Micha-el Don MOirow ·: · Mict!a-el Don Morrow··=· · ·· ·· . · · :- · ·cmnrnlsl5foo · · · · · · · · · · ·· ·· · · ·· ·· · · ·· ·· . ~=m~u:; APS1oolk,SING201. ••·•• >:~t±mJ:~~=::!~: . ... ·::·.:.l"'llSFIIRG08AS5'0450• > .·.· ~:=:g~ • 2,000.00 -12,000.00 • -I 0,000.00 . .-a,ooo.oc . :·Ciu!1ck : · ·. · 11/3t2009 ·_. 2ft,S · Mitha&-1 Do-n Morrow··: :. APstos:rk,S.AN~!-52 ·. WEU...SFARGOBASE~·M59· : .... --:.2 1COQ.C"O.: _· .-:6,01;10,00::· · · ·. .· .· ~:~:~K· . ···. Cflaek · - . -11131200Qi.". 2816. MldlaC'I 0\ln Morrow . AP Sblolk.S l.Nl J11F .......... :: WEllS FARGO BAS!i- 0459· · · · · · · · · · · · · 2,000,00 • · -..oi,DOO.DC · 2&16 · •:.ct.;lohoti·DOnMo~nw:· · ·:z,ooc.oo .,. ~=m:;g:aa: =~=~g~:~~ ·•Chook •· ......H/:Ir.!Q09 .. ChOoo!<.. ::Chm:: ·o.ec.k · · · l1Moo·s ·: · : ~816 · · · · Mln11o.ol 0o11 Mo~ow • ... : U/l7/20D'EI : -.3f11-· ." .... MIChaeiOooMM"DW_:· : ~1/17r.!009 : .317j." ... -.MIOOa-eiDooMorrow·: . Cl~irt: Shoiol S1ool~·(f711-359A) : • WELLSFI\RGOBASE-0-45L :·~SI;Oft~er~UJB99 .. •· •· :·:.·. ,SPLJT- ... < .. :·:: ... ·..·::·.·::::. ·.: . ·.' "WELlSFAAGIOBASE~M$~- .... .. ::::: 2,000.00. . . . • ·• ·• ·•&.aoo.oo.· •· ·· 0.00: . .-a.ooo.oo • . .-8,000.00 •. Check: : ~111712009.· .·.3171 ... ··_MiohaeiOooMo·rrow·:· Total' AmOunt 00,000.00 .. . NlStoafk,Sb-errelAXAii-!17 · .. :·\\t!LlSFAAGIOBP,SE;~iS-4-D . :.·:2,000,00.". :-4,1)00.00 : .. ·Chi!~ · · Hll 71200$1 3171 ... ·.·Michael Doh MattDW .· . Uotlntee: Mlehati Marrow (10.QD%) •: APS1oolk;Shor~AGl062 •· •· •·l'.t!LLSFARGOBASE,3459: · .: .: .... 2,00!UlO• .. :-2;000.00 •. .-Oh~.: : .. : ..... >ntiTf.i:OO$! ." ·:,i;l71 ·.-.- .. -IM'llchaefPonMQITaw·-· Comm!Mfon · · ·.· N'~k,Sh-erallSL·n1 . .. ·::."WC:LLSFARGOBASEM.B45~ 2,00(UlD O,QQ.·· ·:~ . : ....... :.n~S/2009 :··· :3382 .:.- ."Miciha;eiDCid~Oiiaw-.: . . ·. . ·. . . ·. ·.. . · \/\'EllS FARGO .BASE, Jlo459. -5PLIT· .•. ,.. . .... -1l,C,..,., Mlni1•~1Morrow(10%)·• · • AP S1molk,SAXA ll26• . . • APSt.m~S LNL26A·· • • APSloo!k,SJPIIlS2 .• WELLS FARGO BASE, ll45t I'I'ELLSFAAGO BASE- 8ol5t 1io.eLLSFARGOaA$E-M5~· ~:=:gg ·1~.ooo.no. •-8,000.00 .• •-";000.00 •. : Chack ·_- · · · · · · · · · · : i 11251'2009 . 3a82 . . . :-. MIChael OQ-n M;OrraW ·: · ~a~"!IS~lO'!G-: PPSW~ik~$ PU BaO::. 1.\ELiS f"MGO aASE~ 3-4-9 . 2,000.00 .. ·-4,00z.ooo.o.:l · C11..::~. ··~ . f112~009 · 3362 ·. Mlch~e_l Doll ~DIT~ . . : .IJ.P stmlk,B LBL:- 77f: WELLS FARGO RASE ... 8-4-S-Q-· 2,000.00 .. .Cl.OO:: ::Total.Mh::h.II.Don Moiraw _. . . . . . _.....,....._"4D~oo•Mo ~--10,'"'000.00. 0.00 . ·• i'"iio.az 401  1Di40.AM RETIREMENT VALUE, LLC. KPKF Book; . Paymentsjo Licensee: Defendants · 02113113 -~~ ... ~- . Ma...:l1 :zocieu.io~gii M.rih 2o1o .._....... :Dol>ll n• Momo Chacll :· Type ---- :1fi/2D1a Num --·--- 4001• Da~d Dolph: Name Tolll hniouil\S25,00h : Collt-mbtiooa ·· .. 5D.Oo:. . .-eo.oo : :"'iJ71'2010 .«101.: Da~dOOiph AP IA"lUoiA,J-IRA I'U 1•0 weLLS FARGO BASE' 8451.. !!0.00 .. o.oo-··. ns.oo """"" Chao< Clloo< Clleok . . .1114aa1 a .. 111oi/2a1 a 111oi/2a10 EFT. EFT EFT O.~dDolph. Da~d Dolph o.Md Dolph Ho9un,Je1m M~ohDI»--RA(87!1-640} eo·mril!UJun comrn~ttl.on. . CornmAiiiQ!"': MLLS FHIGO SASE· 845~ : AP ~...n,JM-IRAW e99 :. < :: ·.si'!.IT· ·. .waJi', i'MG6 BAS 845t .. :.AP~... o,JM-IRASlA338 ........ WELLSFARGOBI\So·8459 . of' 139."~s: 1~9,\7. · .:aas.oo : -695.85 : "l51Sn· """"". ·c;,""" Chook ·111oi/2Dia · ... 1/loi/2010 .. 111o!/2010 · EFT·. EFT EFT DrndOolph oa~dDolph David Do~ptr · Comrn!Nion .... Comi'TdHion Corrimli.li-00 · · AP H... o,JM-IRA MMI Q2fi ..........WELLS FMGO SASE' U59 AP H... o,JM-IRAAXA 729. : AP 1ia9lr1,J~AA U:G 183 . . : . .WELLS FARGO SASE· 8459 . · · WELLS FAA GO BJI.SE .. MSiil 139,\7. 139,\1: 139.17·' •U/.51 -278.3-j -139,17. ·Chock ·1/H/2010 .. EFT· David Dolph ·. ·comm'alon · · · · · · · · · · · 1-P HDQ*n,JM-IRA PU 140:,.: ...... ·:· .. 'NELLSFARGOBAS5· 8-45.9 : 139.17: .. 0,00 Chook ·:1J28/20W EFT David Dolph· · -Lozoa,11mothyRo1i IRA{Iii1~525-A)Conln11'tilon: WCllSF'AAG0llASI!··~5Q-. :_. ... · .. ~Lozti,TlMOthf-ROTHPli.14Q: 600.00 -5QO,OQ 11'2812010 .. EFT· bavld~ · Comm~Wen. AP ~o ... ,Timoilly-ROTH I'LII.W · weLLS FARGO BASE· 8459 500.®·· 0.00 .: .Chook Chook. . ·2/H/2010. EFT DovldDolph. . Robert J. Cipriani (8761·755} Commtnon1 WELLS FARGO BASE· 8459 '· ·' · · -SI'UT· · C . -3011,oo:· Cl1ock . :2!1\12010:. eFT· David Dolph . CcrrtmluiDii N' Clprlani,RAXA 001 . . .weLLS FARGO BASE' U59 7Mo. -m.oo· · ::Chock. ·2J11/2DiD · EfT· D~dOo!ph · :·eoni~on:: · N' Clprllllli,R LFG 183 :.. WELLS FARGO SASE· U59 _. 7:!i.,DO·· -Ho.oo.: .211 112010 .. EFT·. Dovld Dolph · Comrnlaalon AP Clprlonl,R PU 14a· . . . . IIB.LS FARGO BASE· 8409 · 75.0d-- . :.75.00 : """"" :Chock :c:l11!1:ck -2/11f101D-- :311&2a1a ·.. EFT EfT· Dovld Dolph DovldDolph ComnZuion o...;,, 1'11111om e. IG7h·e7e) ~rmim1o,; · APCiprlani,RML 130 · Vi'EL.L.SFAAGO.BASE-!459 .........WELLS FARGO SASE· ~9 .......SPLIT~.".··.·: ..:.·.:· :· · 7MO:. · 0.00 : :-1,500.00 ·.Chaok : ll18/201a ··• EFT· Dovld Dolpll cammlulao fAPGr.v.n,INI~Iam A'Vl18-G! ·: \NBl.S FARGO BASE .. e-4:5~ ···1,00<1.00 Chnck; -311Ul010 .. EFT Dovld Dolph c.,mmMion ~ Grav.cn,IJYiihtm PLI140 'M3J.S FARGO BASE- B-1.5a -500.00 ·chodl .3/1812010 .· EfT.· DovldDolph Com~$lon·· ~ Gr~.IJIII!i!atn .JHL sas· !ftiElJ..8 FARGO BASE- H59 0,00 :Talai·OoYid Do!.>h ~lilm... .:_:i!OOOBI\S!;;,8459 . 5\10.0(}_. ·:-2,-cM.DO .. f'JPA!fmao,JSTRAOIRALFG"2-4! ·. -:·. 'WCL.Ul FARGO~E-81551 . · 500,00 .-~.soo.oo·. · ·Ciioc~ . . .. 21181201D «s; .. · Oolinio u..,..,: · Tai:III·S.arnou:rt$2:5,-otxl · · . · AP Altonso.JS TJ1AO IRA ~U 980 . . . WELLS FARGO BASE • 8459 500.00 :.1,000.00 . :Che-ck : : 2/1SI.2(]1 D 4451 . DllffiM U11oJo;:• : ·Ucomoo: Oo!1n!o Uooka (10%) : ooo.oo· · · .SQI).Oa ~=. ~1:::~ :m g.~.J:~:::: . -C~inmtu.JOil•· · P.PAlfwr&a,.JBll'UU) IAAPAAt1~1 ·, · · .WElLS FARGO BASE~ 8459 /ltP AJ:tm&o,Ja 'f'AAO lftA PU 14Q :·· .·. "lNELl.S.F:.AR~9 .IV\9~ ~ &.4551 . 5"lU.OD_ 1:i.,B17.B,: . ·-G-.00 0,00 . "Td~:~n_IB Uecka . . ..... . .. ·:~F~Wk..-.r: ..... :." .. .. ....... . Amatoi67B1·139) CoiTilTIMion. · wsi.J.sFARBOBASE-11-159 ... -$PLJF· :·· :··:: ·· ·· ·· ·· 2~,000~00 ·..-20,000.00 Check B/2.712009 · 1504 Oan Forr&atWnil-ef .:·Chook.. . 812712008: 1504. :DonF"'!YHHW ... or 01ient klJ;Jft]O &. Norw Arm!it-o AP-· AGL73L : ... :V>EJ.S FARG~ilAsE ·.8459 5,000..00 .... -1~.ooo.oo·: · APAmoiQAXA8G4. . : ·.MJ.LSFARGOSASE,84SO · 5,000.00· -~11),(!00,00 · "Chi!!Ck · : 8127.12009 · ·1504 · · · ·Doh r:'orntiii:Ws:s.rnlf Toll!! I AmolsJj $ZOO,COO · ·etu~c'- · · · 8127120011 1504 ·.Don Forr.HtWUfll'i : 'Ur:ei'lal!tt:· Don ForrefltWIU~i!!i" (10%) .. APAmlll:rl ANI 1!152. · ·WELLS FARGO SASE- 8459 .. 5,000.00 ... -s,ooc.oo ·Che~ : : &'27tl0061· 1504..... Don Fomtli.tW~ei . · Amoi>h AP Amolo LFO. !iP llllmat ,J&t LNL 26A . . .. ·.. : ·.. "\NEU,.SI FARGO a.to.Sa.:. &459 :: 1,ooo.oo: -2,iKID.OO TObll.$ ~m:OtJnt$30,000· · · · ·: ·: · · : · · · P.Plelmtir J&l"I~G 20f. . ... · Vwa.l.B t:ARGO SASE~ M59 1,000.00. -1,000,{]:0 · Chtl1:lk·· 11113120~ ·. :·:H25.. .OonForr~orJ.\MHnflr .. . . . 0.00 :: Ch""' . . 111131200~ ~12~ ..... Don F."'"'otv-.lul)>( ·::· ·: ~eenaBe~: Don Foont IMuner (tO%)-: · ·: AI' Lolmot:J&l. LNL 782 ·IIBJ.S FARGO BASE- 8459 . . ~~~~~oo. ::.1,200.00 : WElLS FARGO BASE--&.4-59 · . ·-SPLIT-···.· · · .· :· · . .· :. g~=~ : .:~~~~;:~: .:· ~~~- ... :::go~~:::= . . •.. . . . . - . . . . . . . Clllilflt Ci:lot'fli!'J~II loufse AgGnt (57!-1--400) · : T_a!:nl :S:•mo~nt~1~,0QQ-. · · · /IP......,I,ClFGME : -~~.CAGi-002 . . :.weLLSFARO.OBAS~-8459 :~F~G.O~~--~S~ · .. sao.oo· soo.oo: ' 1,200.00 ,soo.oo· 0.00. ··cti~ ·: t111312o• ·o.to• ~uin Noioio: MW · At:e0Un1 . ·Dolilt .. : c.ld~ A"tarlo. Dt Pn~,-.:s!Ons rcir SU.:b"IM.: .: Chtclt". · : ·11/1012\lOi·:. ·:. 2967 : ·AJilanCI!I afProrftalon•1or 8u111lneN: WEU..SFARGOBASE-8459. :...sPLIT~. .. 6,000.00.. ...a.ooo.oo. . ·:ch~: .. . :.1111012009 :.·. 28:157 ... -nc;cl!lofProfne:hlfl.s'fE:If~n-m:· :cu;m: wood F•"'~ 1'Mir6731-mJ ·.• NJWoodFIII'Tlii}'T!UitPiJl.A!l)4 :WELLSFARGOBASS-&45t: 600.00 -5,400.00 : Chock · 111101200& :1:&67 Allionco ofl'lofololono for Suoln.... .Tololhmounl$~0,000 AP Wood fEmliy Tnn1 UJ 899 WELLS FARGO BASE- 84G' 600.00 4,!00.00. 2957· · · ..- ·AIIilmoe otProfen.!Dn• for Bli3Jnen· ... ."<.ChiCk. ··::Child<: : Ch!Xlk :· ·.Chid:· · · · · · · : ·1111012009 · "11110ll009 :·1111012009 1111012009 ._. :. ·.·· . ·. ··:· · 2i57 · · . ·.-AIIilince afProfri81Dtl1 rot Butlnm·.·· · 2957: ·:.·"·AJildh.C~~ofPro~Dnllb~neu.· .. 2957 ·.. -: ·.AIIiacc.D af~Di"lll for 8Usln:Mt·: :·. . . :uCeoeN: f.~Htnct ot PrciffW BUe./Ne!lint~~OCe :Clfr;~lttioiml ...... (12%} . . APWriod.Fomll'iTIU!I1lNL 7oro :~~=:::~i:l~'tfJ /liP WGcd F•mfv irutt pt_l 1130 ..... :•WEUSFARGD BASE -845~ ~~;:~g=:::~: · · . ·\NEU.S -FARGO BASE~ 8459 •· . .. . . . 500.00· 600.00 ~:: -!,200,00. -3,!00.00 -l,coo.oo· ~a,oWO.IJD ·-.:: Ch~: ... --11110!.2009 · 2957- ·:··AIIitt'lce.ofProt.-lan•torbinSu·-. ··APWOO~USFARGOBASE-845~: · ·· ·· 600.00 -1.BOO,OQ: · ·-Ch~ · · · · : ·11/1Df2DIJ~ ::· ·: 2lil!;i1: · "Aitiao~orPN~iDn•IDfBI.z$ln.N. ·· . c AP WOOd F1mlly TnmAXA 1 ~ . . . • :.WElLS FARGO BASE- 845F .800.00 . ,1,200.00 Chitek ··1111D120ll9 :: :29:57. ··AJ!lancecf~DI"l•furD!Jsi!'IK~-. •. A? Wood FomllyTruii!ING c)!)· c. c., ·.WEllS FARGO BASE-8459 • 500.00c . .-600.00 g::: .• ...... Chtek · ~~~~~~~: , · ::1211712009 :· •.•• ~~· ·: EFT· ~::.=~=::::::=~=: .·.· .·.· . ·.... ·. BOrn.ti,Jn,Ruth[l!78l-5\4) ···AAklll:C'I!IcFPn-fesslarll'for8usinest · ·· ·· ·· ·· ·· ·· ·CMnml:ulon · • APWoodFo,.lyTIUfi1HtJ814:. :)'>t1llSfiiRilDBASE-845.9. · WEllS FARGO BASE ·1459 :·c c· · ·.sPLIT-···:··:· c. c · · · ·· · .:; · · : · AP Boms1oln,f\JPJ 062· · CWELLS ··,eoo.oJIIanoo ofl'lofololonofor eu.lnHO .•.........•.. CommiRioi\ . : · ~ 8MnSte~n.R OIL 2BA . : AP - l n . R lNL, 782 . . ::~Be~n.R:PU liiOO:: : ·' ·:': · :weJ..L& fiAAGODASI!l-M59' · ·· · ·' · ·' · · ·· · · · 7:50>00· . . ·.·::·.WELLS FARGDBASE-845g .· ............. 750.00. . . . . ·, .WEl.LSFARGQBASE.-:f-4:59" .· .. ·.:· .. · .. · .. ·.:·7®.CIQ". : -UW.OO·· : ··3.760.00. . .: .-3.000.1>0 ... · · Chl'!cic. 1211712(JDB AmllnC!t -ofPrnteMioo~:for Bual"!lfi'II.IL EFT Comm!me'lqn .. AP~In,RJPI183... :<: :-:·.WEl.lSFARGOBA9E~8459 .. .. .. .. .. .. 7~.00 .. ·: ·2,wl.OO · : Che~ · · ··.:Al~n~;e afP'f'Tm,Selont f.o.r ~nNS :· _.. · · · · · · ::. · ·. :commlHlQfl : · · ·. · ·12117!.2000 ·. 0Q: .. · .: .•r5o.oc• · . Oh~· Cho'* .12117aIBvoih-·· . . . . . . . CommiRion · . pJilenQeQfPnl-ffiMtontflx"OUJ.tn.,..· _-:.-· .· .· .··.· RLC«p-4-PH(FP0R.I!I~'UI'lllld&(671l1-61K)Cl Fom TtUnPU HC: :. WELLS FARGO BASE; J!.l59 · . · · ·: · ;. : · 2,400.00· · . Ch&ek .: · · 31t1f'201.0· · EFT : · ·: ·AIIIanoe-!ii'ProfDI'IIimsfof Bu4lneA : Commiu.fq.n : AP M11h~l t=am irustA.oL 1l0 · W\al.S FARGO BASE-IW59 · · · · · · 2,400.00- · .;,,~:~ ·Cb~ :. ·:. ··. ··. ·· -3/111'20Hl- ·. EFT ·. ··. -AIIb!nt:'l!l ~Pr-uf•nisiooafDi~·: ·· ·· ·· · · : ...:.Folden, Lanyl. Tn~diRA(EI7i!I1·9:WlC.:.nnl!Mfom . :WEll.SFAAGOBASE·I459 . . :.·.:-{!PUT- ····.•::·:· : ......... 11,200.110 -\9,200,00 .Che~:~k : ..... · .... ·.3/~1rl010 . ·:: .E.FT .... AIII:!In~~PrafaltllD:'lsfoiBua.&nca.u .." Commlu.lon_ · .APFo!den,L-TRAOIRAlBL01L ....•. WEllS FARGO BASECM5B 2,400.00. c -1 6,100 .00 . . Ch~k. .. , .... , .. , . 3111f2010:: .. FT:·. AUIMCIII)f.P!'pr.•onl.fcre.ttainat~~·.:.. :: ·:: ·:: 'Cammnlon .APFo!dlh,l-TRAOIRAAXA335 .. :.··· WELLSFARGOJWIE'84~g . . . 2,400.00••. ,14,4011.00 ·Check 311112010 EFT Alllan~ofP'Iofe~~•fnr6ualnK~~:· cammUtoen APfolden,l-TRAOIRAU'G 117' WEllSFARGOIWIE·845B :· 2,400.00 · -12,000.00 ': .. _.Chocll;: :::::.:::: :>)/1112010 EFT_:· ·;.J~nCt!orPrm~oti·tc!-~~~-:-:. ·· · ·-:::.·.::-:;-o,~itt:l1m· .. AP FOlden,l-TRAO IRA U'G 248·: "A[JfaldC11.,l-TRADIRA/AXA091·. l'oal.S FARGO BASE Ca.;59: . WELLSFARGOBASE~-8459 . . 2,400.00.: :.·:: 2,,oo.oo-: :.uoo.oo. ·-7,200.00. Chotk 31111'2010- EfT · AlUIRGeof"Prof6ssl~ll:forZU~·-· Comm~fln ···.Check· "3111/2010:: EFT· Al&.n~·ofProfentOO•forBui.Jne&~~·:···· ··· ·· Cormnls.i.I.,O· · AP F~d,,L-TRAO IRAAVL 180 ,• · ',:: WEllS FARGDi!ASE '8459·. . ... 2,400.00 : :... ,!100.00 ·.: . ChftCk· 311112010 EFT·: : Amlinoe otPrOfositoo• for SullnMe : : .CommHkm · · AP F"Oderi,L-IHAD iRA PLT 140 ·. , . MUS F.ARt)OBASE ~:5-459 :: ·:: 2,400.00 . ;,2,4011.00 ··- . ~ecJI:· _311112010: EFT: AnldneeorProftil:ltoolforBualneu ..:. :::.:: CommH!on: P.P f~den 1 l..-1'RAO IAAJH~-633:: ·.. · VI!'Ell8 ~~G~B.A.f1E~ M:!!5~. 2,-40_0.00.: ·~~--;,;-;;,;,= 0,00 . .. . .. .. . . . 52,800.00 : ~ •• ·~ - ·tob.l Alliilncie -·. . . . . ·or ProteMtone .. for ·~e:lii 0,00 · · "AI't:trMUV"a Soartlons ins:uranC. s.rv~ : : ,. : : · : :.: :: : · : ·.:: Check _::' . . . U/IM009: :_· 2970. Alt.imiHv• SoluUOO•Il"'IIUr!.~Ce S.,.rvlt.~e~,· . . , . ,. . WEllS FARGO BASE- 84!9 : .SPiJr: < 5,2\9.50 ::~.21MO APPIIuc Ch'Kk: 11/tot.i!al.S FARGO BASE- 14<19. 521c85- : --5;l1.B5 .. : 0.~~ :.Ch.eck- : ... · .. 11/1M..gos: ..· .. ~7(1 .. ' ..·'AAem1Jtlv~SQiullonai~BU~n·ca.SeMO..:, ·... .. .. .. .. . . .. . . . .............. . .•. ~~_;k~6N~~. 3ci . .. .•. ~tF~~OBASE~84!9 • 521.8!·. : ... · .. ·.:·. '. 125.00 Ch~. · Ch.ck. 12/3120\18·:.·: . EFT." ... Attem.a»Ye-SoluUor)i!o.lil.wr•MeSerV!(:ft.,· "12J3.12009·: .. : EFT . . :·A!tel'nativeSolutkHllloiMU!"an¢eS.,rvi~; : Garillnd&.MBt"$1anit011aBn(67ti1...UO) .· : Caf111'n~ion: · .•. APOJ ..... UJ 899 . . . . ....... 1/>al.S FARGO BASE, 114l9:: : :·zs.oo ·· ·· ·· ·· ·· · · ·· -1oo·.oo · . . -125.00 Ch-ecl<: 1213120\19, · · · EFT:· ~at:Na Sob.rtitim-·lr.wrance SoM(;III., Commle:;lon. · · />POl""' LNL26A 1/>al.SFARGOBASE-8459 . 25.(10 . . -75.00 Ch-edt:· t~tiGB · · · EFT·: : Aitem1t1Y1 &ILIWm.l911:1.1rBnOI!I Sl!!l'!cet· : ·CfJmmNIOn: . AfJ Ohmlllh JV0.00. :.Check· :. ··'121312009 :·.· .. t::FT :.·.:·Aitema!iY•Soi'Jlf~;~r~L!.·I~nctliS.h'!(:ea~-- :.·:.·:.·-:.: C.:.mmlulon: AP Olooen PLI $80: · · · · · · · · · · · · · : l'la!.S FARGO BASE- &459: · . : :25,00 -25.00 . ; ; · · ChM:k· · · : · · "12M009 ·:: ·:. EFT .. ,._. 'AAM1111~111 Selut~nM; lnKlii:e:nCI!I·$ei·M01!21-r..·:·.::.::. ·:. ·: .Oamm'!nlor'i: : P.POI~~LBL7'71::. ·· ·· ::·.:-WEUSFAAGQEIA$E;~ .... 5$l: 25,00 : : : : . 0.00 Check ~=· · Chet:~k· · ·Check ·. 1213120Q9 ·· ~~~~~·::: .-:: EFT 1213120C9 -:· · : EFT · · 121312009 · :.-EfT:. ~~: ·: MemetNe SOiutloi'Jalnsur&nct'l SIJNICM1- =:==~~-:=~==~::::. ::.::.::::.::.::~~~::::. : ·• • ·• · · MtBm110ve So!Won& l~h!lnce &uvt~. · · · ·· · · · · · ·CommHIPn· · •·• · ··,AJ'tenuijj.,.e&.lutione:·IM:liJ'IIInDIIServlcU.-- .":· :: ·· ·· --Com~l!nlan-· .. .. ·luben S. Wl'lfd1illff.IAA(61-!1-41!} . . WELLS F~GO BASE dl-459. APWalohon,L~RALNL2!1A · ,': ..SPLIT, : • , ......· . . . . . WEllS FARGO BASE· JH.li9 · . : APWoioho~,L~RA JPI 0112 .: :: :.. · :. : WEllS FAAGO BASE • ·&4~9: · APWa!cheff,L-IAALNL.·rtu ·: APWolohon.L~RAI'LI 680 :·. .·. MUSFAROOBASE..:.s.t!is· WELLS FARGOIWIE -84~9. s2sm ~25.00 525.00 625.00 3,150.00. . . ·3,150.00 -2,826.0ti -2,100,00 -1.575,00 . ·\,050.00 . . ChMlk : 1213J200GI · : EFT : Mema\MI Sotut!om.ln~J"IIIflCB Soervlcs, . :: ·:. · .. ·.: ··. Com:minlon:. · APW:\Idlen,L-lRALFG 566 · · V'.fi.l..S FAAGO BASE~ .845Q · 5::26,00 -525.00' ·.Cheek · 12/Jf2009 · EFT : Mamd"tf:l Sol'lrtl~:~mdiwuran~ $eM~. : ..........C-omt:'l!hlon :..· .. . . · AP W.lmen,L~RA lNG 201 · ·'II'EllS FARGO aASE, 14<19 · · 525.nq .... Q,OQ. .... Ch..::k .. 12/i712Cl® ·: EFT·. < : Afterna.lf"ffl Solutkm~ Jln:•,mm~ ~rvt~;: :. · .. ,._ >:. .G:!i~"iv~.H&!Lia~ M~"'~ 2010 ~ l'lum Alenxi:· · Accouflt . n;..r, C~l · ChoQk 1;2.11712009· Ei:FT · · M.ftfTIA~e SoMionG ~~~ SIJrvl~,: Commluf~~ . APG•~Iv>r&ll$9·. 1,~70.00: ·: -10,2110,00 . :~ooll . 1/21/'2010 ·· EFT .. Mtm.-tlva ~I'!II.IM11111111mZI__ &ryl~~: .· . . ··eom~oo : · AP Corr Fomlly Tnm MMI C25 WELLS FARGO BASE· ~S.. .. M70.00 : -11,820.00 :. . Chet';k 112112010 I;FT Att.ema~e Sol\rtkjnllnBuranet!t Servl~,: :· · · · · · · · · · Comm!HJ~ : .. /4P cmi Fll!mllyTni&t?~I88CJ :: WELLS fARGO BASE- ~£9. · 1,470.00 : .·7,360.00 .. . Chook 1121/'.2Q10 ·. EFT Alt-em,gjjl,oe Soil.rtirml!; lnllull!lnO!!J ~Nf~. CommRroo . M' ~fe.mllyTruttAXA.729. . .. VltB.l.B"fARGO BASE • Soli5SI. . . . 1,470.00 . -s,m.oo · Cb!ftl;k :1121/2010 · EFT .... Af1.err!attve ~M lnRI,l~nOI'I Ser1Jf-QM. · CommJe~on P.P CaiTfll!.mRylnHt.lFG 712- . 'NEU..S :FARGO BASE· ~59: .. :. :. 1,470.00-. ·""",410.00 . Chook 112112010 ·. EFT AllemBilyl!ll ~rill h1lWI'IIInal!l Sef'l;'f-ca,. Commlulon . : APC.'IT:F:.Iml!yTMtlN~ 15J: . 'III'Ql.S :FARGO B!'.SE ·~Iii 1,4711.00 ..2,!NO.OO .. ·c~ec~o 11211'2010 .· EiF"""t Altam:~~tlv11 SolutionBinsurance SeM.cea, Gomml:sa!on · ·AP~fl!lmllyTI\.IIIli.J'"Q1l!3: · · WliU.SfAAGQ BASE· ~:e!il · 1~*70,00 : ·1,470.110 . Chook · 1121J20~0 EfT ~m~tr/1!1 ~nelni!IUilll"l;'lll Ser.ii:eK, :· . eomJD~oil . . APC.irfomlyTruotPU 140.: waJ.S FARGO B.A3E' !H~8 1,~70.00 •. . ... 0.00 :.. · Che;k · 2JUJ2010 .· E!:Ff · .·. Attemwtlva SoiJ.rtk1m: 1011urilnce Servi-ces,": ·: _·.: ·: ·: · otaan,Lqlle i. "Ka"~J;erlne (6181-74-~ Cammil!llriOn · \ft/5W-S f:AR;Go eASe,- :M5t· · -$PUT-·: 12~.00 :12MO 'Che~ ·2J1~i0 ·. ~Fr · · .·.· Ailetn.tlve ~l'll!llni!IL!"'OCfl; ~rvl{tH.: . : :: .... ·. Com~~on : · • AP Oloon,L&K W 899 WELLS fAAtio BAsE·· 1>159. . ... 25.00 : . . -100.00 . . g:: ·2111U2010 ·211112010 : EfT EFT.: AIJ.emafiile Sofutlorm lrmurance Mem~tJye SoMJQr.Jmwriln~&,I"Yf-~M,. Servl~. · Commmlon C159. BASE· 1!<~9 · . .... 25.00 · · · · · · · · ·: 25.00 -75,00 . ~.00 ·.Cllock 2111.12010 : EFT All.emati'lo SOiu"UOm lnsUr8nae 841rvl~;: Comm!-Hlon : . · APOison,L&KPU 1-4-0 · WEllS FARGO BASE· 8~59 · · · · · 25.00 .25,00 •Cllootr 2111.12010· : · · EfT" · Mtrmtdt.'e ~ IJ';aurll~oe ~N:l-Oe:t·: Co~•oo · . AP Ol•on,L&K AGL ! 30 WEll.SFARGO BASE-Il . . -500,00 .. · Chtdl. . . . . 12!:l0120CJI.: EFT AmhonyW. HelfmM1l.n · · . · · · · · · · · · · ·: · · ·: ·: ·. Comm~Qfl : .. PP CUIQ~,S. P1.J HiO . . .• WEllS FARGO BASE-1>159. ..!OO.QO . .. . . . . .. .. 0.00 ·.Check · ~412010· · EFT ~vW. H-Ml11l1"1Anh. ·: Crc-ob,SI:ephen & Ke:ran (6781.-513A) Commirlion YVELLS FMGO BASE -~USA . .. ..SP1.JT- .· .. . . . . . . 10,000.00 : · -1Dt000.00 C~o!DJ h""'""'$l22,000 ·. · · · AP FooioliAAAGL 73l ·:WELLS FARGO BASE 8459 ~,220,1)0 . ..e25,750M Ch•ocl< 912912009 1895 :: :: .AMCl ~ .· Uoo""o; AMn G""'" [tO%) P.P FtUIIIRAAXA804 :· V!na.L.S FARGO BASE 6459 . 3,220.1)0 . . ···22,540M Choci< 912912009 1895 .. AM; Gowens : . .· Fou.t!RA[6111·22') Comml&&io!1: :: ·AI'Foll51.1RAAAA1.t8 . :.1floB.LSFARGOBASE 845i.: . : 3,22ol.~O ·: . ·-1~1®00 Chock•. 'GI2&!2009 :.· .. 18:95 .... Arttn.GOW'Mt •• ·. FoootlAA 16711-225) c.rn....., • · .:APFoustiRALNL7&2 ·. :. :··li>81.SFARGO BASE !HS~ 3.2211.~0 . -1s:1oo:oo Ch ..... am/2009 1895 . ::·Arvin G~ · · Foue\!AA[0711·22~) C8.lS FARGO BASE: 1<~9. : 3,220.00 . ~;<:20.00. Chod< . • Chook . 512WZ009. : . .. 18$5 .... AnOn G..-.s ·. Foue\IAA(e711·225) C159 . 3,220.00 . . . . . 0,01> .~ .... . :·check .. . . ·-ChKk 10/211009 · 2011. Arvin llirllll'e:tr!l ·· t0/21201JS: · >a!t7 • .. Min G_,.·: ,D/212QD9 .. : 2011·· . AMn Q~ .:. . Wotfe-1~ (6781~171) ComrniAloo :Client Usl!l ~IRA· . · T~l $ Amo:llflt 36,000.00 . · VII'El...LS i'i'AA.Go SASE ·APWoi,.IMM. 004 .. · .. :·>WELLS FARGO BASE- !HS9. 51U9: ·2,067.1> . Ch""" SDJ2j2009 · 2011 :.· .. Artltl Gvwtmi .· :Wofta-1RA.(8711H71) Cornm.\a!Dil .. ··.A.?Wolfa IRAMAM .860 · · · · · · · · ··.·.·WELLS FARGO BASE- e.-4~0-· 51-4,29 . ·1,S42.1W. .Chf;Qk." ... :101212009 ..... 2011 .... Arvin GOWI!!IW Wri1a-IRA (61111-171) Cammlulon · · AP WI59·. 51U9: . -014.26 Chook .. 0.00. 1012/200& .: 2017 .... Min a ....... Wollli-IAA [678!-171) Commlooi001 ·AP \Nec~o 12130!.20-0£1 .·:·EFT··· ··AnllnG(IWI'lrlll·:.·. · · .": Rl1hm11rm Trust.(87~1~79) C.Omm~on Mll$FAR(l0BASE-i461. ·. ·. .SPL!T· :.... :: ·:.·:.·:. ·• : ... . 750.00 -71>0.00 Checlo -12.r'"l0120~- .. eFT .".· .. AMnGO'JIM.M. · Cammln!on .. AP RmhmirririTrwt Pl.J 910.. ·. :: ·WSJ.,SfAA:GC.eJa.SE...: M59.. . 250,00 .-.co CCM : :. 0.00 . Chock =211112Cl10 · iEFr .. Arv!nGowe.!"WI. · Raihm11li,Joan: Mari111-ROTH (6781:.679A}·Commfnj0ofl WELLS FARGO BASE :a-459 . -$PLIT· :· .·. .. . . 1553.69. . . ··5~.8~ •• Chock · · .2/,1/2(11-C= :: : EFT Alvin GQwen•( : Ct.lmmlftTM .· · · ·· AP R..-.manri..J~ROTI-1 JRAU"G·2.:, :: M.I-LS :I" ARGO BASE-.«59.: . 27-8,85 .. ..·270.84 . Check 2111/201:1) ·. EFT ··AlvlnG~ · ·: Coml'i'Jinlfon · ·"loP FhlltmJKlli,JM--RDTH lRAAXA 'T.: . .·· W'8..l..S FARGO B.A.SE-2459· 276.~>~.: 0,00 YYEL.i.S.FAAGOBAS.E-~~~ . . .-.: ··-SPLIT~·,: ."... :· .:.·.:." .".· _-· ."." ·1,\50.00 . cu~.oo ~~i~: .· ~ . :·=~=·:· .. ·Chook . Coor111~,Ert.;: $EFI ~RA{E76i1~!21) Cll;lmmiAI~ · . Chook C IRAAAA09t' .. ·:·WELLs FARGO BASECM59 2B7.50 . -~0 . Chock ·31~12010· EFT . Arlin-:: . ··Cammiulon . AP C.rTOd,E-l!EF IRAlFG \83 ·: .: WELLS FARGO BASE ··&459. ZB7.60·· : -575.00 .Checlc 3/ol/2010: · EFT · Jlovfn-· ·.eonmilnlon·. AP Conrad,E-sEF IRAPU 1'ofl. · ·: WELLS FAAGO BASE· 1>159 217,60·: . . ·--287.50 Check ·3/ol/2010· EFT .·.ec.mm~a.~on . . . . IJSl Conrad,E-5& tAAAGL 13P : .\VEU.~ Ff',F:!GQ Br'S:t:: ·.61.~ .. 21!11.50 0.00. Chtmlt··. ll1-e,.20l.O I!FT :·c.!jg!ono,JediA Tr«29.92 Choek "311S!'20iD Ef!i . C9!llmiui;.r:~ : · APCJ{III~nQ~-~~~~L.~1.: : "NElLB FARGOBASE~·e.tsg . ·l,903.~ ~aie~ 404  .. ···.· ................... . 10:MIA~ · . RETIRE,ENT VALUE, LLC • KPKF Bo~~ . ... ·.D:zr.!3113 •Payments to. Licensee Defendants···•· ·~llaol• · ::March 200911irou~h Milrch 201 Q :. T:ipe·· .... · .. ·· -~~~: .: :: N•m .. · Aooount . CrodH : Batar\C:.' · Chook .. ·.... 3f.!sr.!010. . EFT ..... ·a·~btl Ont DlfOt5s.: . ~39!.16 ... :Chook .... :.mmo1o: : ~FT ·· ··clob•IOnoDhootUc .Oomrnl>lrl«~ . .: :. : APKibUn:,Miri;-TRAOIRAJHLlSJ ... :WEUSFARGOI!AS5:1145!;: . ·29a.l!Z ·. Ch!~'~;ll. . _·. _3J25a01D.·. EFT · ·'_-·Global One- Dlr~Gt,llC Com,..,.lon :. : .. : 1\P Klburz,Mori<-TRAD IRAI\\IL1SQ · WEUSFARGD BASE -11451 · ·~19!UJ8. : Chook: : 3125r.!010 · . :. EFT : . Glol>ol Ono Dlroct, UC :co.,Miz>lllll · · :· : : : : : : 1\P Klbur.<,Mori;-TRAO IRA PU 1~: · · . . WEUS FAAGD BAS! -11451 . ·99.54 ·:Check :-·312512010 . · -· ·.EFT Globlil On• Obecl, LLC :cammb:s~;:·.... ·· ·· · : : : : ft.F".Klb:urz.fJi;!II~TRADIRA.JHLGll .... :we:u..si=.AAGDBAS:Ew8459. .. ...OI"T . ::~.00 .·:Cho&Qk .. :· :· ·.-3J2512010 ..... EFT ... --GIDbaiOnDDitoct,LlC--· :La""", Pool {e7S1-952) Cn,._a.. · WELLHIIRGO BASE •11458.. . . . . ··-sPUT,. . .. ·.·.•· .· .· ... · .. ·. · · · · · · · · :11:6tUS : ..-11,Bi7.3t :: Gh-ltdi. · · · · : ·3J25J2010 .' ... ·: EFT .....Global Oile Dlreat, i..LC- ·__ ·· · ·Carnmb:~ : : ./>P Lilru.oo,Peul L..FG 735 ·. · ·: · ·: ·. ·:. · WEU.S FARGO BASE-&469 :. :. :. 1,169.73·. ~I0,527.M . •IOn·oOirootUC: 3125J20~0 .... ·.EFT .·.· ·_-·Giob~l On~ Dire-ct, U.c·: .. :::g~;=::·::. Commluloo. :~t:-=:~~::::t~1 : ::-::·.:.::_·::-:;:tt:~:gg=~:~::::._:· . : .AP La,...,Pau1 AM 335" .. : :. WEU$ FAAGO llASE-11450 ·. · ~:~:Jt:"." 1.169.74 .. : -9,3$7.l!Z . : -6,19!.1J· . :: ~7,018.44. ·:: : .. Ch~-: : 'li.2W201D .:- : EFT· .: · ··Global One Oi~ U.C·: :commlu~oo··· AP~rmn.Pa~.JILFG1"'1'2".:: :.YVCl....LSFMGOBASE-M:SSI:: 1,169.7-4 :: :: ·'~6"41!UO. · .. :ccm:ml:u!Pil" ·.·~~· ~ Glol>oiOno g::::~==~g APLI111iM,PaullFG248 ·· :·'Nil.J.$FARGOBASE-.M59:: ... 1,169.7-4.: : '4,978,96: · .. ·.: ClltCk · .:·: :;g 3J25r.!Oi0 :: :: EFT. Dlt> !•ULOO 0.00 : .· ::-:t_.~li~oo:: :: :: :: :: :~::g:~ . . . . .".- Check :. :. ·.. .. · . atz5J"l01D · ·· ·· EFT GIDblil~ One Dlrad, LLC : ·ce.mmfuall)ll·.·. . :. MJ Muu:e,GW..TRAO IAA L.FG 735 .·.· :·. v.B.l.S FAR\30 BASE·-!4!9: · . ~48-.00 · 'i,1M.OO ... . ::=:::::: .·.:~:z-:::==:=:::~~~-- :·:·;·:=~=~g=~:~: . :-.:. i~:i: ~: ::·:·::1::::. ·::·::. ·:. Chocil ...... 3f.!ll/20l0 ".: ·: eFT· ·: :: GJn!ml Orr• Dlte!o\ral on~ ~ot l.lc · · ·· · · · · --. --· ·oJarui-.;:r..,rrii. ·cht~cl: · .· · · 312512010:-". . · o4957 ·· _.. G[orliiJil.ri"Voung Ch~ .:" 312512010.: · •951: · · ()loriolono YoUI1G • ~~.liri,~8.~r ..diRAIS7tMo3) Crit.cl::· · 31251"2010-": ,.Qs1 : GIDr!B.JILn., V~;~1.1r~g ·: To~ $.omouql $300mo . ·ct.Mlk· ..-: · 3125f201Cf: .111957. Glorlil Janl!i You!lg : UOOMtO: Glorl1 YIMlllll'll) MordlSoma .. ·· ::ChouJi .". ·mr.no1C :·:: .. !4i5T: -:::."GIOtiaJWle·vou·ng. . . ··: ·:. GlorlaY(I!Jfl:g.(10%) oom~M · · Cheek .. ·. . 31251'2010 · ot957 · Glor-Ia Jana Yow'lg·. .. Coinmiuloos . ·. Ch.&ck. . 312512Q1C ." ~957 ·. . Gloria Jiine VD~.~~g: :~_.:: .Cheek ·.. . :.: ::·:: -~~~~:: :. ::~.·::.;·:~:~~=~:~~:: . 312S/20Hl··: .C951: Gloria. Jim!! YCIIJOg .Chl!lc:k: :: · · · · 3125120Hl·." ;4957: . : . Glorl11 J~:~na- YOIJ:"'~ ··: . . .. Total Gl~a-JaM ·yOuliD ·.: .. ;;.~,\iOO..IJU__ . . :· g= ·o~Chlok :co..;,::•· · ~~=t . ·.=: ::.>:~~:~:::. . : 1~1S/2001· ·: · 2060 · Grog Chlol< "1-lliB/2~11-- ."."·. 2031) ... "GreG Chicle:.·· ·f.t/-:-::::·:;.·.~:~:a:i~=~~~~ir!:r~~~n;:n:,:. · .. .::· Totlr! Slimoumo!;l,OOMO .· .: .· .· .: ·.. ·.: ·:·. :.:U~~eiJ:GtegCh!c.k(10.00%)" ·: :: .: :: \.\El-I.SFARGo EIASE'.345o:.':. :: :SPl-IT- :. AP G•n~or&KII•g<110rr'th METB!!Il ·. .: \M:llS FARGO BASa: M~o .. A?G:a~lvttf&~ng.cou~AGL13L.: ..".. · v.ir!U..SfAAGOM$:E,:.:.MSS._:· NJ GalllvC.r&KIIn(jemlrilhAXAeO. · V1S.LS f.ARGQ BASE~.~=-9 .. .. .. .. .. . . !500.00 ..... ···."."soiJ..DO· ·: · ::.: .......··.···6Q0.00 ·.·. .!5o00.00. s,ooo.oo :. ,o,ooo.oo -<,500.00 :. -',000.00 -3,SOQ.(l0 ·." . ·.... :·.check:: .·.·(;~': 1016/200~·. :: · :2050 · ·:: Giirg Chlol< :" ·.... :G~Ihtet&i .· WEUS fAAGO BASE.,Mo9· · ·1100,i)ll · -2,500.00. ::::::~::·:: l D1812001r. :_-: ·: 2.060." ·_- :·. Qrag ct11Gk : 1 0~9 . . . . ·. 2060 · ·. · ·_. G~g C,~ :. . . ::.. ·:. :·. Glllltvm&KIIn_g~f!l(lh (!761-252) CUmmm.l'?'l'f : AP GaiJlver&I459 · · ·. ~0.00: .: m.oo : . · ·. ;.MO.OO·· . · 0.00 : : ToW o;.& c~1..:k .... :·.: ·; ·· ;:::: < ·:.::: _:;·.:.>::::· . . . · · ~~Dt?O.DG .. ·:.·:. s,ooo.a&.. .:o.oo·:.·· ·:·H.lP•rt.nf..dm.r:: . . . . .. :-: ~-SFAAGriP.r..sE:"M5·g:·:: ~F'I..Il;.:.· ·... ·... ·. ·:·.·:=.·:.,,Qoo_OO·· "-:-4,ooo.oo· . ." · Chf!Ck : : . : . . . 1:212:112009 : .: . MI~O · 'Hal P11i1anh"tltMI" .. · Cl~~t_ C~tnbrj~ Mo~~ ~ l_~-~781-~):. ·· MJCI!Imbrl~gt:~ Mn11lP=nrF'U lil80 "WEliS FAAOOe.As:$:-5-459_·:: .. ·: · .. · · : wo:oc. .. . . ·..-3,200.00 . Ch-eck : .. Ch-e-c:k :: ::Che-ck.· · ·Ch11ck · · · 12f2.312009 . . · ·3-Eild :H•I P•rtatJh.tl~ · · .. 1:212312009 : . : 38.30 . · · ~-~ P•i'bernh-elmtt · i212J.I2iJOS: . :. ~)D ·:· : Hlllll"•~hRhner :· 12!.W2009 .. ·: 303-0 .::·:.Hill Far!enhelmet·::.. ·.-:-~:~~r~o::.·(a:~l:: ·:~":~~~on ..-................... . · ·: ~=:~:~:~~~-.·:: .::=~:~~=·::: ;: :·.:· .... ·: ·: :::= · · AP Oomt'10 ·. ·. .:: :)995 ·:. '""~ Pamnhlllmll'l" · .. ·~~$amount 01,27Q.93 .. . Chtok. · · · · · · · · · · 1.1712Cl1Q.: ·· ·:· 3!l95 . · · Ha1 Psrtef1hefm·er·:. _... · :·. UctMH: Ha~ Pz~e!m~ (8%J .:: AP Grlflllfr,BR-IRAAX/1 7Z9 :· .· :.:.: . ··NEUSFARGo BASE-11459· . · · · · \,li2MI! · :. -l(l40,98. · · · .AP G~llilfr,BR-IRA LFG !83 ;'. · ·:.:.:.:,WEWI FIIMO BASE:'M59. . :::.: . . . Com~5Joru.: · · · · ·1,f121>."··... · e1,620.48 ~= Chook l~:lfo !ill ~:: ~=~= : ..... ·.. :. 112a12010: .. · 414-4 · . :. Hol-1\a!oiet:.' :: .. Cl~~~i~~~~(87~1-6Clfl) *=r=~::~·> · APG"''I11>,NAXI\507 ·. 5:::~:11::::! . WEU.SFIIRGOBASE-11459. ·· .: :.\,800.00 e,ooo.... · ~::H~ :-<,~.PO· .Ch1,1:0lc· ·:. 1/2BI20lD ·:: . •t459 .............. 13<.10 ·5,138.70 :~!:· ........ ·.. -::~~~~:: :~~:~ :.::g=~::::-:·.·· ~mn11~~- ·w laman,T-IRALNL 740.:· JhSLS FARGO PASS: ~ 845Q · 734.1\1- --4,404.5«"." .: :·. ·. ..... : Choo!(: ~=:·. : .12/<120!19: -~~=:: .:3591 . <~~:~: ·Colin Boddio'<": -:;=~ :=::. /loP L.am~~n,T-IRA. 'IIIPL ~: AP L.omon,HRA.ING 201 . : P,P L..m.ui,T4R.A. MAN "880 . WEllS FARGO 1'/>.SI'(· MSS WEll.SFARGOBAS!!'-11-459 WEI..LSFARGOIII\So-~9 . 13<.1 a · T.W.10· .: 73>1.10 ··-3.•7Ma·c :~r> .· . Chi!Ck:. ·· ·· ·· ·· ····12/14-r'2Dil&·: .·3stt: .:cDIIri Bo-d!i~er·:. .. AP Lamon,~4RA ANI ~52 : WELLS FARGO BASE· 3459 13<.1 a ...1,46820'. .::3~111: ....Colin &dd~ · · ~ Larmr~,T-iRA tFG $6 · WEl.J.S FARGO BASE: a•l5t . 73>1.10 .-734.10 . CheCk.: g:::: .. : :tU4120Ci :· ..· ~~~=~ m~ go::::::: AP Uzmtlt,,i4RA lNG ooe.: ·WELJ.s FARGO BASE'II4St :. .. .. 73>1.10 0.00. :===·:·· 'SPLIT·: .. ·. . .· . . .. .. . . . 'M;LLS FAROO BASE- a.~se· 12,500.00 -12,500.00 .. Cl~nt F>am.il K. o·N.. ~RAI(WOM.i~l AP O'Nooi,P..IRA. LNL 177 · WELLS FARGO 61\SE -11469 1,250.00 ·-n,25o.aa·c , · ::.g~:::::. :::::: ::~~~:= :-:--:::~~~- To1ol s Amount 125,000,00 . . .... Uooi>ooo: C~ln a..idob.,(1MO%) .. · AP O'Nt-l'll 1P-IRA. AGL 7JL: APO'~ai,P-IRA.I3,750,00· . Chook·· · ·12117120~ :: ·:3770: ::c011n BaOd!dwC. . ..:.2,:5DO,ca:: · : Cheok. : ..... ··12117120~ :: :3770: ::cotln'Boddoke<· AP O'Neai,P~RA. ANIOS2 . .wal.SFN\QQI!I\SIH•I59 :· · '1;!W.OO · Ch~ck::· ·.. 1.2/l712\l09 ·· ··am ··c-GOnB.odricbf · .. · AP O'Nr.:a1,P-IRA LFG Mli. ~FARGO BA.BE-0150 1,250.00 .. -1~SO~a: · AP O'Noai,NRA.ING 0:!6 : :WELLSFARG0B.4,sE>a.l59·: ..... 1,2SO.oo .. :;,:.·:......c:......c.:_,:.,=,.c a,oo ·. · Chook:: · 12117120~ · ·3770 ·Colin-- : 19,840.00 15iM0.915- .. . G.&O ·:: TotO! Coi!n.a..it.JT-.. . . .1.,000.00 ........ -I<,OO ~=:ttl=~~ . ·. . . . :·~~VELLS FARGO tlAS~- 54!:9 · · 1,.400.00 "-580000 Corm11ulan -4~·00 r tabbies" 11J·.Chocl<... : .. : :. ::.'.:1/H/2010 ... ··~o& Checlt. . ...... -1/14!2 .':v.at.S FARGO BASE, 3459 ·.·. .. =~~~~t~~~ .. 1,:1112010 . . :~217. . :crootivOWoollhDO>IIJlO,LLCcc : : : : : : : ....... :·.:· ........ v.eLLS FARGO BASE.-8458 :: ,I,PKeuler,R W 699 .: . . .INELLil FARGO BASE' !1169. . .. . . -35100J)C ·:eroouv. Wullll DuiiJlO, LLC .... · Cll.nt ROOo H. XHolor (6711'n~)cc .. · ~ >< · Choolc. .. .. 11ZIII2010: . :·:<217: ·-31~00.00 :: · m Check:·. · Chedo: . ... 1J2.812(l1D.· . . <4217 1/2DI25 • r~:u:: E~.ElRIILBL77L: ".'.:.·.:.·:.WELLSfAAGO!lASE· . .59: 2,i'OQ.~ ····~· · · · · · · l~um ~~ E1jf:5~ . · < •· • •· i~s1f== {::;:::l 7 WELLS FARGO !lASE· (1169 :c:c:c:.IIP Modlln,O I'LI140 · ..... · . AP Medlln,O I'Ll144 · .. · ·. waJ.B FARGO BASE.-ell . --Frtd~~Rust ...... . . . . ···'·:.:.·::::_-:.: .. ·:._ .. ·: Chm · ~0 -· · -1~ · ·· Fradrlc)I:Wlb•rnRuJt . · ..... Sehonfe:ld-Utt..(61.fi1-228)Comrriukin :· \M!U.S·FARGOBASE-MS-8 · : C-SPUJ';Cc ··::· .. ·: :: ·.: ::. 171.23. · .. -17123 _'.Che.ck . ··.·9/23f.lOO"!i .. ·.·-.:1~: Fn!drfa'kWtulll'liR....t CllttYt';NnnO'jSchotJflr~IRA. · . ·APS01hiRA WPU82: . . ·: :··.·:ccWELLS·FARc60.00 · -4-48.00 ::-~Je.OO . :. :. -224.00 ·: ·._·: 'Chtck_·:. . :· ··.-9129/2009·.· ··.1903·· FtftlrJ.ekWIIilllmRust :.·:: :: __ Boolh~RA.(~8!--229)cotli_~lssl:oh. :.APBoolhiRAlFG566. . WELLSFARGOBASEC8461. 112.00· ·112.00 :. ·Oh~--:" ·· ·· ·· 'SJ2it2M:a :- . l903. Frm-Q-tck~llt~mRLI3~. E!IXI'Il11RA(B7"1..z2B)cnmMJstlan · · AP Baolh IRA lNG 038. . ......· 1\!;l.LS FARGO BASE'645o·· 112.00 0.00 CC ·. :Check : ·9Jl.Or.roa9 ·_· ,.· · ·f93"·· _ Fr.drj~ Wllam flu:at . . · · Ahrer" (~7'11!11-21e) Cam~Df'l: wat.SFAROOBASE-11:15~: ·-SPLIT-:: .. . .. .. . · .. 25li.OO -250~0:.· ·:.cttf!ak·.· Checl< · :9!301201J:!l·· ·· -~lii::J.8·· ·· ·fil'fKirlciWllijBmRusl: :913012009 . :.·.1939:· ··JO:: :120.00 : ·: · ;120.00 ; ' . ·:eM«: :. :~-011/200.9. :·1eaa :.Fr~e-kWEI~JmRWKt: CU~KyiJ.k.oH"w:hl!:f ..... . .APII*h•riRAU'G58!1:· .: 'IYEU.SFAAGOI!ASg-~50 .... :·12<1;00. .. .. .. .. . . 0.00 · ·Cheek.. . ...... ""'LOJ19f'2009 ·: .:2360 · .. _.f!edrl.ckiNim~mRult :_ .. : Ho/de:n-IRA(6781--281)CIImmlulon ~t~~ ~Ji 0 8459 :Checl<·· ·a-.edr· ·lOJ111/2009 ': ·2J60·· ··:Frriioi:IMI~omRIJSI.: . : · ·1011912009 .:·. ·Z360· ···· F!&drlc:k!NillatnRuat: CU"""Steph•nH.~oldo!HRA Total.S.Ai"oo!Jnt15,000.00" ·· ·· .. =F~~ii,_;;{;845t . .$00,00 · 1 'eoo 00 :i:::gg · · AP HoldorMAAlNL 711.2. . ·• WELLS FAAGO BASE.• 8-!l~D · : 600.00 . ,eoo.QO ·: . Ch!:Ok.·. :ioJ1!tl'2009_·:: .:2300: :. -F~IlkiJIJil~.amR.uu·. Ue:tJni.Oe:Fredol"ktiNi:l:l:amRuri(12.DO%)·: · . AP Holdon,RAU'G 566. . . . .. ··weus FARGO BASE.C 8459 · eoo.oo . · o.OO .. -=.chlltCk· . . ·· ··1012212009 :. :.2-43-6:·· .... Fm:tiekWit~atnRuit: · _: .· :· .· .· :·· ·· ·· ·· ··,·· · .. · .·.·.v.tELLSFARGOBASE--.:8<4<59: :-::·:·-sPLIT····: ~ .: : .: . : : : : . .. .. ··.:: :QOQ,oc. ~900.00: -CkKk;·.: .: .: ·· .: ··ta12212t'IW ·: ·:2-4~: :.·:Ftel;tl"ck~'I;UamRu&t:: ~I~CrLtMa.lkA..M~AA(87!.1~~82:)· .APMolh ..... M~RA~U81~' ·.· .wa..LSFAAGOBASE~4459: :m.OO: ············~.oo:· ···:Chectt·: ·1(1J22/2Ctl9. -2-4lll·: :F:rmtlckWilhtnRus.t· Totai$Amoutrt:-4S,OOO.OO. . .. APMolh..,.;tMRA!NG201.:. :. :. ··WELLSFAA.GOBASE,ii:I~B .. · · 300.00 · ·i!OO.oo:: . Cheol<. :1o/Z212009: ·.:w.,, ·: :. Fri.srlol;'M~•m-1.: UcarmN:Tllo"""'Chmo""n(IMo%) . : /itP M•thiNB,:M-IRA l.NL 782.·: v.aLS FARGO 9J.\SE ~ 8450 · ·300.00 · · · · · · · ·. · ·. · · ·:.: · Q.:OO ·: ·: Chocl<. :11/312009 ' ·2a11: :FrOG1ok 'Mil om Ruot . . .. . . . . . . . . . . . . . . . . . · . · .. WELLS FARGO BASE-8451: -Si>I.IT- :c .· . . . . . · ·' ·· · ·1 ,200.00 :·1,200.00 ·: : . . . ··: Che~:. :1113.12008. :2eu: :F.rMno5: Willim rut&t . C1l-11nt All::an1hla l. N«1'MifHRA"(B781~J58) :-"!'Narmon,A-lAAHUSH .:·.: .. WELLSFAA00BASE'IM59 200.00 .· .-1.000.00· ·. · Ch~ "1113f.l0(l9 · .· ·2a11. . .:Fra~IM~Im R!nt.: ... . ....... fl)'taf$Am0unt: GQ,OOC,OQ... . : :· AP Normec1, A-i~ INO :iOi · · · .WEU..S FAAGO SASE..;."IS-459 . : . : 200.00 . . :. :..soo.-oo·. ·.:· .. ··Chi!:iQ'k... r.11/31'200SI: :. ·2.fl1~· ·····Fr~W11amRuM :· U~_e:r..lafk:J.~Ii1(10.00%) · ·-e.oo.oo:.: _:_-::~::-:-: · -Chaek· ... :~~=:: :. :~:~t ::·:.:===:=::. ·11!Yl009· :2!-11 :Fredrlci:IJYillltm~ · ~mmQt)O · .:APNDilTllltl,MMAt•U.SS:C: ·. ·:··· v..aJ,sFARGOaASE•S-459 ·· ·:.·: .. APNorm,.,,A..iRAI.N~7112 . : ::.:. WELLSFAAGOBASE-11:159 .. : .. . . APND~"TTUm,A-IRAll'G:566 · ···.· ·.· WEllSF'ARGO 8Jo.SE~&-4S9 :: .· . :.APNormal'l,A--IAAING.Q-:W : .: _.: .wa.t.SFARGO~E~S-459 : . 200.00 ·· :200.00. . 200..00 :200.00 .. --100,00 · ...200.CO.: ll,:Clo·· ·· .Ch'!Jdr;.. :11J13/2M9· .. : .:a11e ... -FrdlcklM'IBamR>m. . ... \l'iEU..SFAAQ.OSASE~IW:6t· ·::·.">-SPUT~·:.··: .·.::: :.·.:.·:. .. . :· .. ··f,a00.00..:. -1;BOQ,\l"CJ·· Chocl(:: :: ........ 11JI3r.!P09 ·· :3110· :: :Ft~ho..-(6"7.&1-310A) : :. AP Bml1eor,o ,O,G~ Oll:l. :.: :: ·: 'Moi.~S FAI\GO BASE- 8-4!!0 . . 1.100-00 . . . . . . . . . . .. 0.00.; ·: Cheol:.. :.111!1112009: :·:= ·· ·::FreUilt$~2,G92.4ll :. UoetWei!!~Fredrlck WiiU1m ~"{12""'4) .. lAP Bnts.lleer,:04RA HL1814 ......... welLS ;!=ARGO BASE~ 11.459. · · .PP arfthll!llit,D-1A:AAGt.73L:·. AP!liOolle".r>-lRAAX/\604. . ·:. ·.V£Ll.B FARGO BASE~ B-459 W:U.SFAAGOBASE-1459 · 1,1 (~>30 1,112T31: 1.112.31 .......... ~1C,CHHQ· . .... -1!~898-.48 : ................. :-7,186.17.: ·:·Cheek·· ·····11(1&'2009 ... ·3222. .·. Fredrlct.Vti'UlllllmRUBt · :cotrminlot'rtl APEiraahear~~RA.A.:-lRAINI3201 · ·· ··· WEll.SfAAG-lRA LNL 782:. .: "AP Btuhe.e:r,o.tRA LF~ :586·: .·iNELLSFAAGOBASi!:.~.&459 · . ... CC CWELLS FARGO BAS~- 8-459 . . ._. · ......... ."11\el.LS FARGO BASE~ a.t59". . . . . · · · 1,112.31 . ..... ·1,11U1 · . :1.11~31 . ;3,336.&:3·· ·2,22-Ul!': ··1,112.3~·. Ch~.. :>11118f.2C(I-B.·.· ··3222 .... FredrfctWJI:IIim ~1 AP Brnht~ll:r,04RA lNG 006 · · · · · ·· :lr'IIB..l.S F.A,RGO BAS:E • &4!59 ·1.H2.3l · · · · · 0.00· · · Check. . . 121Y2:g;:~:::=~~17JJ · ~m~~~~::::~: 1tlD.OO ·•1~:~ .. ~200,00:.. 1og:: ··. . -'39M!I·: ·. Gh•ck: 11'.2~10 .. ·... :4230 .. ::Fr.ftdrl'*.INil!l;er:m Ru.at . WELLS FARGO BASE· ~9 ·. .. CC C-5PliT·· ·.· . . . . . . . . . . . . . .. 3Bt.62t.o1·· ....... '32o.et· . . Ch~· . 2141201!!> · -42.3:5 ·. ·· FradrlckWIIbin RU$1: · Clh:mt: Y:a.s:u~ !<#mlmunt (67Q1-10'r). AP Kamlrtl.lr.t~,YUJ ags· . ... ·.. INEUS FARGO BASE~J.I-4.59 . . . ·s5.~·. .. . . .. . . -28l.,n : ·:.Chcdt···· ... : .. 2f4l2D1.Qo:: ·:.,235 ·· ·.:FredrldcWI!I~mRust 1"1)tal.$.anwuo:1$3:J\GOBASE:-8450 · 49~5 : . : : ' 0.00 .. CtuwiC 211112010 ·.uae:·: . :·.FrwJdrtc~'M:~am.~.· .. . . . . . .. : :. : · : : : . · · :·WEllS FARGO BASE~ 3459 ·. ·. · ·. · ·. -8PLIT-· ·. ·. · · · · · 2~9.78 ·2~9.7~ . · Choalc 211112010· ·' ·:4:166: :Frodri;<'MII•mRuot.:· . C!ientComm:erfbfd !~on, ln10: PSP (6781'-706) . AP Commerflxd l~"5p PSP W 999· ."." .".Y\faLS.FAR.G(fBASE·M~if:. ·. · ... 49-.96· . .. . .... -1Siil.80. ·. Chet::k: ·· ·· ·=2111.12010 :: ··4368··· Fradrk::k.Wllhllm~ .. ·To1oi$Amou111:2oi,I7MO: : · . : AJ>CotMiollordiMp PSPlFGZ48 CCCWElLSFAAGO BASE·84M. . ..'49.1>0 ·149.8~: . . Chfil;$;: : . .21"\1~10· .. ·-4~8e:"." -Frec:iliokV•IWil'imfhmt. . UctnU:·~~ Jeme.. Fl.. Trtmettl ('3.00%) . AP Ca~e:rfordlntp PSP.NXAil:fl-4........ :~SFARGO ~!:i:-E-4-59.. id:!l.38 : ~1,297.66. Ch81:lk. . 2111/2010" .. 431:!. Fiedrti:k:Wirram Ruat .. Ccnim~·. . · AP Blnl:'tR/QI 1 M--TRAO~RAAGi. 71!'-i· · -~S FARGO aASE ~M59 · · 185.3-a ·1,112.2.6: Ch(l(:k 21111.2:010 43'13. Fretirlck \MICam :R.uM . . . . . . AP Bud/01,M-TRAD ~RA PL1 S60 .".. ·:~s FARGO BASE ~~!!11 : 1-85.3.6 · · · · · -:!126,:110: Check. 2111/l010 :. :.-4:i."13 F11!!dtlekWII!•m~ .. APBueWoo.M-TRAD!RAGFGOl~ :,WS.l$FARGOBASEC84!9.:· ::.:.:: 185.1.2 .. -741.52 Check 21~ 112010"· · ·. · . ,f.J1J F:retfrlc:kwrtll8.tn.RUiL . AP Buoll)oo,M·TRAD IRA AX/\ 091. .·.WELLs FAAGO BASE-.JW;9 : ...... 185.38 ... ~i'i6M. 407  ·· ,D-:.. QAM·· RETIREMENT VALUE, LLC • KPKF Books . 02123113 . . Payinen~ toiicensee Defendants ·. ·.·•. ·. .. '. . ... :Aeen*Bal• · · Mai'Ch 2009 lhrOilgh March 2010 . Tyi>o' ~~nt . 'Split Deillt' ·crWll' .. -~ ·oa. 'N'um · -~-·-·· ·: checJc: 21"1112'010 -~tJ ·rradi!C~\NI!iamRuiil .. . ··.~ "AI'ao.t~nos,M-TRIIDIRALFGiea: .WELLS.FAAOOBiisi!,U-4~~ > 1155.311 -370.76:. Ctnlol. ··211112010· ... -43-7.3 :·Frei:t!ct:_~ldlimAUI!I,. AI' eo.tl~oo,M-lRAO IRAPU \ .. · WELLS FARGO BI\SE-&469 16U6 . -t85.l8 Chncl<. :·2111J2oto · '.'4373 :Fmnolll10%): · ':AP Plttman,M LFG <•+ ·· ·· ·· ·· ·· : ·IWU.$ FARGO BASE-.MSD · . 50.00 .. -250.00 . Ch-'*.·. . . . . . . . . 2!2~C. ... 4-4-70 ·_-_.-_-_Frvdriek'WIIamRu111 9WELL$ FARGO BASE- &lSD.: :50.00 .. :-200,00. Cl"trll~ · :v2.512D10 · 4470 Fte«lckWIIJam RU1il APPitimon,MAXA~t .. WIf' ""''*"I'·P PLI t... APStuol<.,.,PAGL 1:1<1 : : : . WELLS FARGO BASE- 1!+1;9.. WELLS FARGO BASE-3-159.. ·:· WELLSFARGO.SASE,$+59. . 75,91 75,9t '75.S~ :-H5Hi2. .-76.ot . MD ·.ChP::'*: 3f-412010 ·: 4517: ·: Fre~c'Pc'NilhmR'IMI: : : · · · · · · · · · · · WELLS FARGO eME- 6<459 ·. ·. ·.· -SPUT- ·· . 500.00 ·=.co ·ch&l:lk 31.mti10: : 4587·: --F~c~c;wmamRwt· -Ciillfltotch.Btdsr..;za·Pi:rtrlm.L.i.c·ca71lit~ · ..APOr""""!lro•.,:U.CAXAIMI4: ::.WELLS FARGOBASE,t.\5tl.. 100.00 . -400.00 .. -300.oo' .. Chof' Orchml eree .. U.CAUL t30: WELLS FARGO BASE-·~~·· . ((19,00 0,00 ChOdc · 3.1412010 · · .4839 · · · Fre.r!clr: Wlia.m R.uat · · · . WELLSI'ARGOBI\Sa-·6<45$·: . ·: -SI'I.IT- ·. ·. . . . 150.00 .. -1~0.{)C ·: .. Ch~ ·· ·· ·· ·· "31412010 _.. ·· :4639 · .: Pledrlo:,:;'MII•mRuat · Cllont P11111do A.:t.lono (1711-126,10,) · . .Jo.P M..,.,p LFG 248 . WELlS FAROO SASE; 6<459. 50.00. -100.00 . Chooi< 3/412010 : 4639 : Fr~cl< IM!Iam RllSt Total $smoon~ S1ti,OOO · AP M..,o,P AX!\ II'S4 .. . . .. 1'\'eU.S FARGO lOo.oo · : .Ci"ieo\ .;111112010 .. ·::·oi,700·: FtOilGpi~·,Jchn C PLJ 1-4(1: , .·, IA'ElLS FAAGO BASE ~U59 100.00 . '· -1110.00 . Q,eck :.111112010 4700 .· Fr$1$t'lcirWHiiilmROOI • U~o: JO.oph W;g<.o (13") . ",NJ Gordan' 1Joho C Jrtl 633. · ·. · IJ\IELLS FARGO aAsE . . 8-459 , 00,00 . . 250.00 0.\JO · Ciledt ·311 1120HI -173$ : f!'tintl~k \r\ll~&l!lrit R.uet . miLLS FAROO BASe- H59 . · -SPLIT-. . . . . . . -250.00 ·c:h&"Ck 31111'2010. 4135< ~~.ckV.I&amFUmt :·· ci~Mt':· P~~-A. Mo!na Trad IRA (8781~8%8): : AP M~ti'l:t!i 1 P-TRP.O IRA W us·: .. ·: YYEll.S FARGO SASE~ 9-469· .. · l$11,00. : -200.00 ~sdi. 311112010 4735 Fr&drl~kWill'lmR\Iat · Tot:a.l $ Bmciunt $2!!1,aaa · ·· · ·· · AP Mem,P-TRAtl'IRAAGt 78L ·.. ·.· ..... _!NEU..S FARGO BASE '.·84~9' · 50,00·· ·15C.oo -Cbeok ::.11112010: · 473~-.: · Fredrl:ik \r\4Klllm RlAit · :U-o:Ce<1V.Go!bJoo(10%) · ·.NJ M~na 1 P~1AAO IRA.GF~ 031i11· .·.· .·.··.YVB..1.S FARGO SASE w-&4~9 sa,oo .. . -too.oo . Che;k -3/i112010 4735.': Fredrlck\l\ll~lllm~ust .· : Commlulam: · ftP Mont,P-TRAD IRA AliA OD1 · · · · · W!!US FARGO BASE- 8459 50.00 :: . : :. . . . ..sc.oo : . Nl M~~tna,P..TRAO IRAAGL 1a(J :: . :.: :::: WE1..LS FARGO BASE~ IMED: 0.\lQ . · :cneot :3H112010 4735 ·. Frectl-ck WINbm Rum 'WEU.SFAR.GOBASE!-.$459". ·· .., .. :-SPL~T-·· '' . . . : . . . .50,00 . : ' : ' . . . . .250.0(! . ~2.&J:Cl0 : Ch~ · ·3JHI2010 · 47.46· · Fred'klk Wllllam R.ust .......... ctle~ :3J}1/201Q.: :47Mli" . Fredl't;kWIQo~m:l\ull'l .. · : 'Ctlcot: Ja."'C!'K. a,ur"!g Trad IRA (6781-B:!:S) : ·AP C"u~g,JK-o-TRAO 'RA LPG 0&1- .-:, :-. \l\l8.lS FAR.GO BAS:E--: &4~9. . 50,00. . -200.00 . . Ch~ .3Jf112010: 47-46:. · FtemiokWihlm Rw1 ·. : T-c-1:81 $ '1moun1 $25,000 · · :· . APChf' Chung,JK-TRAIJ.!RA LFO 117 ... W!l.1.S FARGO SASE' 6<4511 50,00, -too.oo . ftP c;,.mg,JK-TRAD, IRA LFG !156 :::: W!!US FARGO BASE' !1459. ·~.00 . ···.·Check '3Jf1fl010 · · · ·. 47.-4ti·.· ~nu:lr1'*Wib...:. RU..i .·: C~:Jmml*$.1~•· · ·· 50.00: 'Check. ·3111/2010. -47-46··. FreGkk:WllliaMRurl . ftP Chung,JK-TRAD IRA PU 140 weu.s FARGO IIA$5, 6<459.. w.oo . . 0.00 : Checl< 3/'18120113 . 48:lD.. FredrlckWIIam RlJ::d .. · .\-\'CU.S FARGO BASE~ 8459· .. -$Pl.IT- ... ··· ··· .· ..·. . ..:. ·. ~24S.DO : triOn• l....,a R. Kot.Trad IRA(il781-794) · : AI'Katz,IR-TRADIAALFGC!!l'. .·. :: .. weu.SFARGO!lA$E-M59 ,~.80: ~199~ ·, 'Check ···311812.010. -M30: . ~reckickWIIIemR1nl'l. · 'Chool< 3/18/2010: 411311 .. Fr..olokWIHomRult : T$1 $ •mount $24,900 ,. · .. : APKm,IR-TRAOlRALFG 117:: ·: :· WELL5fARGOBA$E,$-459. 49 ..~0: ·14MO: . Lloonoo.: h>lng Kotz (1 0';10) . AI' Km,IR-TRACI!IAAXI\ M1'.. 'Ma.l.S FARGO BASE- &450.. 49.60 ·-911.80 . .. Chool<. .. CIIotQ: . 41130: . 3/1812(>10: .: . 41130. 311812010 '3125l2010: ~o. FredildIAALFG 7:)5 · .. WELLS FARGO BASE'M59 · · :·.·50.00· ...roue ·:choedl·· ~10: .. ·. -4~~15: ::.·.:Fredri'*WRlamRusr.: · · · .Ucen.ee: l.eQntr::ITINdll'!i1 (10%) · AP TelJdl!Mt.RG-'tRAb IRA I.BL 381 .. : lJI.J8.J..S FARGO .BAs-E· 8-459 . . .50.00. -350,00:. ~ .. Ch•ok.. . . ·.·ChOCk.. · .. .. .. Yl!ir.telo1C 312-to 312.5/ZO,O · 496G .- · F.-.drld:W.IIl:am Rlnt 4ilugh Ma"'h .2010 ·~··· .. Typo:.: . ·N.., .MOrna. ..AccoUl'lt c~li :··~~:~::·-~~--- ~-o1D ·. · _.s2s_ :: ::H~rJYj_V,~~:- 1'\'al.S FAAQO BASo- W5Q··. ••. .SPiJr. ·.·::. :.. 1,3M.'Dti. · · .. ·: ~1-t,:io:J.,.-o . Chook. · · · 212~1ZQ1 o : 45~• Horry J. Von"' : Clloot M•rit Pi0nnlft1i; LlC · · . .. .. . .......... ·chG~: . -' .. .2/:l6t.ltJ1b .: . : 4616 . H&rV.fll:&t PlaMr.;Q, LlC U\18..1..SFAAOOSASErNS9 -· '..SPUT~. . . . -5.&92.00 Ch~: . . . . . . . .. 212512010 : ... 451.8 :. : _. Hfte:ll Phmnhg, UC-. ·. Client: """"' J. 8oliloMo Tro,SJ-TRAD IIIAIJ'G ~46:: :. ....aJJ; FARGO BASE- "S9. ·. . Ch'"*· ·:· 2125n010 4516 ... Horvoot Plon•ng, LLC I\PBaloomo,SJ-TRADIRAAXA99-I:: ::WELLSFARG0l!!\SE'84!i9,: 1,1iMO . . . .. : o,QQ. : :~=:. : Ch~: ·--~:~:~-.-.-:::-:~::::· --~=~:=~::ttg_: . 314.12010 · · · · · *5~ .·_ · H~tnr.,.-t PleinJllng, UC : ca-mt: e.;~.e~-ea~eMc Tr•d IRA(8781-7-s2) :·: l'atei $ Bmount $25,000. · · WELLSFARGOBASE-s-1~~ . : :··SPLrT···:·· ·· :· ·· ·· . ·:· ··. AI'Bal ..mo,&TRAO IRA LFG 248 :: . : WELl.liFAAGO·BAse~·s-~~( AP Balumo,E-TRAD IAA AXA091 -.· .. \NElLS FARGO BAS"E..,.IM~S · .. . . . . . · ·-IQil.OO. : •oo.oo · -2,000.00 . ,\,loOO.OO . -1.200.00 ·- t:n&dt· · · 3/.V.ZOI'O · · · · · 4E:!:S9 : ::_- Harve:e;;; Plllln~lr!g, Uc : : Uo;:ll!lnSII!I•~ J1BNntPI:lftnr~:g l..l.CI.Andr.w~o(8%): .. ·AP8iofuo...,,J;-TR.'DIRALFG 103 ·: .. WELLSFARGOBASE·I459. .. -IOil.OQ : . :: -1!0().00 : Cb&eti.· . 3/4.1201.0 4659 ·: ': Haiy~'51: PIIIIJ.~i1g, UC : CJ)m~lom · ...... · ....... · ......... .. · AI'Bai .....,,IHRAO IRA PL\1-10:. : ·:WEllS FARGO BASE' "ill ... 400.00 : .. -:: ,,--.400.00 :.-Ch&ek-· : :. · Check. :·. Chook. :... 3f~OIO 312612010 312:>12010 .wiQ-: :.: Ha-:vSidPI!!!~n-~g,UC::_ .. -4928.:. Harvli:rd Plann.lng, UC . ·:. ma · ·:. H•I:Vaol Plonnng, LLC. :· : .. Chnt OOrlOI & Rhot1da Soii!D 18781-MW . ~':·~;j~~~J~L~ao ······~~FII!<,GO~Ii~84$ :AP SolliO,D&RAXA aJ6.. . . . . :. ......,LLS FAAGO.f!ASE ...Sg: . .•00.00 :: •oo.oo .. . 4,ooa.oo ....... • ~:m:: . . . . o.DO •. cnm.. . 312~10 "~~-: ·:·.J:tarv~A!In~~~.uc: _. :.·:.·:Totms~:so,ooo.oo····· · AI'S<>I~.~ LFO 735. . :WEllS FARGO BASE- M~9: . : :~.~ >•.. •• ••.•• •• •• ... • •.••.••.•• :~:=:: ChMk · . ~:t · Chaek · . .cheek·.·· . 312S/201 0 · ~~:~ mr -t.Q28 · : · H:arvast Plmm~g, LLC. · r::::::=~~~~:t:lt 312512010 :· . 4928 :· . H;srvaot Plannli1g. LLC' · ... . '3125121J1Q .:.. 4i92.&!.:.. :. H'I!Vi!titPisMii1g:,LLC_-- .. . . ·. · · · · · U;en,1111: H:~~rvlll8'l ~•nl"!lnliJ~ U.c -: · ·o=~'Ag<>"""' ~--~ .APSollto.~LBL~1 .. :.·:. APSollto,ll<\R AXA 335 · · : AP Sotlt0,D&R LFG 3"L1 - .APSollto,ll&RAXA091 . AI'Sollto,ll<\R JH!c31!3 ·· . :,WELLSFAAGOBASE·MM:.::::· :· · :·1111ELLS FARGO BASE• 3450.:.: .·.: _·: :·.·- : 'W6LLSFARGO BASE..,.!W51i: . :·.:: .. :WELLSFARGOBASE,a-159: .: ·. ·· :·WELLS FARGO BASE' s-150.: ·:· :: : 400.00 :. . 400.00 . : : -400.00 := : 400.00: . ·: -l,-100.00 ::·. . . . . -2.000.1;10 . .. .. .. · .. · .. .. · . : .. .. _.. , ,soo,oo :· ·.-1.200.00·: . ·.Check. 312GJ20HJ :: .1;'!!28- : Har:va!!fPII'IIinltr'gl, L.LC :· . :APSollto,D&.RAVl-180-::· :·.·:WEU.SF.ARGOBASE--8<459'': -· · -. -400.DD ·- :-- ..aoo.-oo -: ·ChEtek 312.5r'2!l10 -· 4-s;!B:· HarvaBI Planning~, LLC ·. ... AP-Sollto,D:&R PU 1-40 ._ -·'WELLS F.oRGO BASE .. 3459 .. : 400.00 : :: -II>Q,DQ ,:· . 'check.. ·· ......... 312512~10 .: .-ona: HatVeil:tPIMnln;,LLC · · AP Solto,O&R JHL 833 :· . . . ·:·::~FARGO BASE- M~9: · 400.00 : ......... : . MO .:: ·:- . HaNa&t?!srm!ng:, uc·: - .. : .·Ciieck. . .. _ct.l!tek· .' · ... Ch~·.... . 312512010 :·. ·:: 312:51201(1 :· 3J25l2CHl': ~139 .C"!l-39 : H:afl!'aatP!.atmirtg, UC Ul-G.: :: Hlll:lialtAHI"ln!ngo,LLC -493;·:·. ·:·. H~r:vu:t:P!e1}n!n;, UC. >~:r=.;::r$,!~~7~n.dl~(8781~0~> · · Ucen:saa~ Hai'JastPian!1in~Md'rowD'Agnostina (8%) . v.etlB FARGO 8ASE~MSQ .: .....• ~~::::=~:t=~~036 . : · .. · .': '.'P.P Vonelft,J-.TRAD LBL J.81: .: ·.· ..SP1-IT- =~~~g=n:m ·: : ·: ': ··· ·: ·: :: IM:Ll-=s fARGO BASE -·a.45g:. : . .646.6~ ::::: .. .. - ·-t 4$,30 :· . . .;~:821 .•7 .. .• ~:g~:~ > :- Check_ : · Cho!Ck- · Cheek··:-· Ched: 3125J2tl10 · 312512C"1 ao ·.· · . 31:25120-10--- . . . '31%Si201D·:· . 4i3i · li11rves:t 'l='lannin~. uc · 4939 :· :.·.Harvestf'!Hilnlns,LLC_: 49:3-9.:· .. Ho:NGntP!~~t-11nll-g,UC: Co'"'"Osl..,. .....• ~~:::t=~m •· •· •· ··.· MJVDrl.:itff,J-TRADfJJ/.AO"e1: .. : .: .. : ~~~:gg~t:!~: .; INEU..SfAAGOBASE~_645:a: ll-mAD 1\\/L \B-TRAO JHL Sll ::: ·:· :: . WEll~ ~ARGO SASE -.8459 · ·--·t•tta! · . . . · .o.oo- .· ... Check... : ... : .3125!20lO:: -49-41:: Ht~iv.e!ctPIMnl'lg,LLC:.:.;· .. ·· WELLS.FARGO BASE,M59 :. :. :, :.cSPLIT- ·.·. ·•· ·· • .. · · · · · · ·2,388.$5: -2,~81U5 :· .. ·.. Che-ck.-_- .. :: .3125tltlio:: -49-41:: Hefv-!lW:F'IaMng,"LLG .. : Cllont M;ril KltMzT11d IRA(eiU1·!12•). :AJ> Klbo;z.Mot'<-TRAD IRALFG 311 :· : 1'\'al.SfAAGO BASE; MS9·· ·39M5 · -1,tlaD.70 :. Chedr;· · :· J.t.::lsmJ!D:' -4~1:· Hlli'YIIstPiahh!ng,LLC· :-ToWS.am~Junt$29,860.63.·:_·_-_-_-_ :_.·_-_· _·-_-_·-_-:·.-:.·-_-: : -:IV' lurx.Mtri<·TRAiliAA·JHL·'"3 .; ·.:WELLS FARGO 1!1\SE' M59: .39&.14': :·.·_-_.· __.··.:·.:·:: .: .: .: .: -1,i94.42. :: -Chli-t:k. :· ·· ·.: ·3125.12010-: ~941.:- HarveP;I;PIIINllng,LLC- Commisaionlil · APKibur<.Mlr1<-TRAOIIIAAV~;1BO · ,:WEllSfARGOBASE'MS9. OU14· · ··: -7!11l~ :· ···Chll-¢k' :· . -.3.'2512010·:· -4941:: :·. H~r'V-Il~f21aooing;LLC . : .-·-AP Klbu~M•Tk-TR.AO IRA PLl 140-::- ::_lr\£U.,S FAAQO eASE --&459- 3tB.1<4 :. .. ...... ~:598,14 -_- Ch'"" msaow· 49-11·.: ·.. Horvor.tP)or.nng, LLC · · · AP Klbur<.Mlrk-TR-'Jl IIIA.JHL.633 . :: 1'\'al.B FARGO BASE ·"59 Ot8.14 : . .. · s,92.o~oo- ........ ·~s.920.oo -· . . . D.OO ·:· Ch~ · :v2:5.'2DID-. -4!MI1: HaM!si:Pianninlj!, UC . . . ...·. . . .. . .. . . . WELLS FARGO BABE- M•9 : .. . : : :..SPLIT;".·. . . . . Ched!.·-.: : .... -.3f.!::5r.i!010 ·41:191·- Hatvel'd:F'tnntl!ng,LLC · Client Georgt W. ~Tilldltlqn.IJI IAA. (B7G1-824A) · P.P Mun,G'W-l'RJID lRA!VBJ.S FARGO BASE C9-159 . : .-3,552.00 4991 · : : Hl'lf-..111;11: P111nn~g. U.C: . -29!!0.00 .· : eom-m~9n:·/:'· ............ ·: ---~~~=:~=~~~-~r ~: ~=g~~::!~~ . · · Ch!t:k. · ·. · · · · ·. 3125ml1 0 · .:: Che($:·.. 312-5fllllO: .991 .. 'Hmv~lld;PI-IIi1nlng.LLC . • . -2:388.00 .: : -Ch~ ...... ·: ...· ... 3125.120\0. 4991. .·: Hl'irv"Kt Plliflfllng.I..L,O . AP Mu..,GW-TAAil!FIAJHl3M:. v.a.LS FARGOBASE'"69 .,1,n8.ao .: Chec:k · 312-5.12010: -49i1: :-_-· :tmv&d PIEII"!nlng. LLC J1.P Muu,GW-lRAD UtA'AVl1BQ.. WEllS' FAAGO BASE ~.8459 . ;1,154.00. AP Muu,GW~~ fRA PU 140 : WEU..S FARGO BASE "-~59 ~92.00 .· 'Cll-Q.c)!' ·. · · .li'25Q010. -4991 ·· H~!d: Plannh~; LLC u.o- . : 0.00.:: Chack .3/2:SI2010 · -4e9'1: .. ~.t ~1nn!ng, N' Muoe,llW-TRAD !F\A~HLe33: v.-a,LS F:"-f~GO BASE ·.M59 ~ :::·:: T(Itai_H!l~Piai-.~Og,-LLO·: · . . . . · .· . ------o:ifO·:· :P~·II-~ .· 409  •·REllREM~Nt VA.I.lJ~: 1.\.c - KPkF B~oks. . Q:v2JI1:S". ·· ·Payment& to LJcensee Defendants ··. "Ace.NIIBuls ... ,.. .. , .... ~. •Nimi ··PI~·· lltilanci!l ··~cr.~ori'· . .. . . . ...... . . ·.· .spur.. ·. : .. .. Check.. .:·_,Df7QOOA_:: 2110 · JlllTifiii:Cr.l!igO!"r·. w..v.,.j57!1~0<>mmwon . WEllS FARGO BASE- 145~: 1511~-~ '1&;120.00 · .. Che.c$;; ·· . . 1onl200lil: 2110. J~UMaCUigOrr · ·CIMit JsmMi W. Weaver, Sr... :• APW."""' LNL177·. WELLS FAR · · · w.iwor 1~7&1-227) C<>mm"''on • :-11,1>11.00 . ·. .".Chec:$1. :: "10n120G9 :. il'1HI: o.!&~fTirii&:CI:•IgOrr .. :Ctlo'* :· ·10fl/2009 2110 · Jr;ITII.IaCr._lg err. .· .V\Ie~Y« (67M-22n CQrruJlMIIH'I _: · · /JP WalltYor AGL 66l. · 'M:1.1..S FARGO BAS~ ..: 0-415GI ..... ,538.00:: . 1.512.00' '-3ll240Q·· :~=··: .:~g~~r: ·:::·~1~g:. · ·~:::g::~·· .. • W.ovor(67&1-227) O<>mlrisslon • :· : ... Wa~r(S7a1-22.7)Co!Minion .· . · NJ W11niw.ANI 8!52. ." · · . · · . · · . . . . . .. waLS FARGO BASE • 8<4-59 : APW""""' lNG lr.l6 ..... ·.... ·:.·:.·.WEllS FARGO BASE,M50 1,5\2.00 -1~1£00 o.ilo· ·ch.eo* :. ··Ch~ ::. .:10n.12ooo · ·.:·.·2110 ·:tO!l5/20(Jjll· ... ·2272·' .Jei"ClMCralg:Orr Jai1WitCnJgorr.: w.,;....;(en1:nno..mm~so~i>n f!Oher~RA (6781-V!) Commlsoloil : : ~~';k~~ =~ ~MsQ ... ·.· .:.··.·=.~ARGO ~E.~~SB 1,~12.00 . . .11,000.00.·· -H,..W.OO:• CUont MlmooiL.aw0S• • • ·2:272 •. J•mo• Crol~ Orr··· · Ch~ : ·.10HS/2009.. .227'2 :. :·: J111"1"\U Crll:g. Otr:. · ·Toted 1$ Amount: 151,000.00· ' .AI' f'""or~RAAGL 73l ..... .:: .'.' .'.' ·WELLs FARGO EIASE'M59 ·. 1.1os.oo .... ..a,!-4-a.oo· . ·CM¢k ·· . 1Q/15/20Diil ·:.·.227.2: :.lam••Cr•"Oi1 · ·U..,...: Jony Noel Otr (7 .001<) :. APfloh..-4RAAXA 904 ..... " .. ·.· WEU.S FMGO 91\S~' &~•o · 1<108.00 . . . ; ·-7,742..0(1-". · ChKk ·: ·: ··10!151:2009 : . ·-2272· · :.hiHI'Il"!l Crd.l;t Orr . . flal')~~tr..fftll (6'7B,-27B)'Canvnbab-l. : . AP FSher..JRA.AXA 1-45." ...... -~ FMGD BASE~ 34:59 .1,106.00 .: ....... ~.i36.00: . ..1011$1:20MI. · · 22n .· · Jamu cu.~ Orr : . . .· ·. · ·Fiohe<~RA (67B1-Z7B) 0<>'""'"""" · . :·~oPFilher-lAAL.Nl7-40: .... ·.·:. ·: . .Vfa.l.SFAA.G08ASI.--:-~50·: . 1.108.00 . . ·. ~~~30.00 . . · Ch&ok,; . : Cher:k ·· ." ChErck . . : Ch~K:k : .. .... · .10f1!ir'20Qiil . : . ·.22n . . ·:Ji:i;t~i~~r• C!'ll!lg Dfr : . . . 10!1 512Q[]g. .". ·. 2272 · . 1011~09 · ·. 2212· · "JiMH Ct'lig Dfr · J11iM• Cn:~ 0rr·: · :. :-.~ilr-IRA(B7Z11-27B)Co~Oo1--· .. ·• Fl011er4AA (6781-V!) Co.,.,;..lon·.: · . ·:· .FiiJher-IRA (li'1Bt-278J Ca~--­ :~~:~j~~~~r 'AI'Fishor~RALNL7S2. . ·:.- . ·.~:~=~~::~:::~::-. ..··':.':.''M!l.l..SFARGOEIASECw;g. 1,100.00 1,100.00 1,108.00 .... -4,4l!MF ·: . .. -3,l1MO . .... ~,.21:2.,0(1:. ·.Check .: 10f15t'200$ .:.: "Z272.: .. : :Jamee Craig Orr·" ·:· Ft.hllilr-IAA (87111-2721) Carnrnluion- · • AP FlOhoro!RALfG 5os·. .. ... WEllS FAAGO BASE'.!o\50 1,108.00 . ·. -1,101.00· . ChfiCk :· :"10f15l20D9 ·. 2272 · ·. "Ja.me11 Cral; Ott·. :_ -~~r~-~ (~_7~~-~7~! '?am~IO(II .. : AP Fither-lRA.ING a:Ja· · · · · · ·· ·lfii£U..S r'AA.Go 8ASE-&4-5Q 1.1os:oo . .:- · · · · · · ·. o,oa. . WELLS fARGO BilGE ·MOo· ....... ··-sPUr- :• ...... ·.. ·. . . ·Cheek:.: Check:::. ··Chr!Ct··· · · ·11,1712009 :: -"32oe·:.: . j~'~mD' cfBI;;~ Orr : · · . :1H17/2£109.·::· 3206 :. ·:.· JtrttM:IctaiiJOfr·: ·Hf17Q009 · 3206·.- ·· -J•me:~r~Crt.l;l!Orr." .. .oi~;,i, RWc S,;_.j Tn:.o! {6701-405) · . T-ctal $Amount :!lO,OO:J.OO .·. : AP ~el Trmt.MA B04 :· ... w:LLS FAROO BASE..:.-!.459 · AP ~ Troat.UI 69&·· ·.. ·.· .. · .·. ·. VIELLSFARGO BASE.:.3<1159. . :m::·:..... ·.............. : : ::~::::·: •Cboo!o:': · · .. · ·11N7/200B :: •• 3205.. .' · Jomoo Crolo Orr . U..,_o: Jomn Cmly Otr (14.001') ':AI' Sloeooo(rruttLNL 7-10 • ':: '.·. ::: v.ELl.S FARGO BASE' &159 ... • 700.00 " .•:. ,· . . " '-<1,900.00 •. 700.00 ..... ·-4,200.0iJ·.· . •Cheek.' .. '1111712001l :: :noo~·: . Jom.,; cn.tg Orr : Comm-.·: '' AP-~rnm1NG2C1 :•.·.•.· .. ·::.v.eJ.SFARGQBASE-1459 :. AP seceu;n Tn.lfd.LNL 782 ... ~:. ·:. ::. ·.VIE.U.S FARIJO SASE.- .a.-4'5-9. 700.00 · · · · · · · · · · · · · · · · · ·-J,~.DC · .. ·:. Chect; "11/17J2009 :: ."3:2oEr: ·.: ·Ja;mreu. ('.Olliil Orr< 760.00 .. -:z,SOD.OD :.·.· ·.Check·:· "1H1712009 ; 320!1"· · .; JIIJlHir!II'CfalgOrr. : J.P SItlf~5!!8 :: :·:'.:: ·.weu..sFAAGOBASE-1459 .• 700.00 .. . .. · · · · · · · · · · · · ·· · · · · · ·-:;!,HJO.O[J . :Chid:·:: ·11117120® ::·. 320S · Ja:mt!:SCrai~Orr: . AP.stacrae!Tn.lfllAGLDS2. · .. ·:. ·:. ·: . .VIIEU..SP:AAGOBA,.SQ:..:.M-5-11 .: 70"0;00. . : ..... ·-1,400.0:tl·: .' Choc!o.· .. 'HI11/2009 :::32116.. ... JomooCrolgOtr · 700.00 .-700.00. .. Chook · •11r171200B : :32116 ·: :Jomo• c:;,olo Orr : A"$tooo0iolr"'otLBI.171 .... :· ·WELLS~ARGOBASE-B-159 · . Al'-o!Tru.tAXA1'" · :::.. :,·:WELLSFARGOBASE;B-159 .. 7QO.OO · ·. o.oo· 'Chm·:. ..11M7120<19 ::·3200· J.,..CnolgOrr . WELLS FARGO BASE; iWi .. :·:· · <·-$PUT-·... . .. ·.. . .. .. .. . · !li,95Q.rs· ......... -5,959. rs .. · Chect; ·. · 31-4/2Q10 · · · · ·EFT · · · ·Jamtt Cn~flil C)rr_: Soot1Qlno,Herny M; ROT111RA(87B1-1162) Com"""'"'" ."-Check .·. . 31412010 . EFT . Jaill~ Crlllg Orr · Commf:N.Ion· · · . /tP~,H-ROntiRAl.JJi,:S111·· .... :ViELL.S.PAROO BASE~s.459 :. -5,214.71· Commfu!qn·.· : laP S«Jggim:.H-ROTH IM AXA. 335 ·. · "WCLLS FARGO BASE- 4<4-59 .:..-.4-,r469.B2."" 'Chocl< :. :'ll-1/2010 .. :EFT· .. ·Jo-CrolgOrr · ·.Ch.eok · .. Checi<·:. ::3/412010 . ·: :li-112010 ::EFT·· EFT.. James Cnllg Orr·· Jam .. Craig Orr : Comtnbwfoo: · Camrr.ih!on . •~=::~gi::::t}gm : AOs.:mndHIOTHIRAAXAOB!. ·•WEllSFAR~O BASE-!IA59. =~~~g=:~:~. .-3,72-US· ·-H7U!·· · -ulBr1159. ~~-+n~~~:~:: :-r~~:J~:~.Cr:aiit_~: .. ·"choci< J..._-~ · · ......... ,· •91111/2009. •:. lntl. JimeoSlrlzllk. : Bali"'Une (6181-1!3) C-om~ · · < W!!llS fARGtlliASE' M$9 . ': .'. .':SPLiT-'. ·•.:.:' .':.· .·.· ":. .......... .. H,600.00. ·-17,500.00. '• Cilento' Joel< & Doo>th~ Bt.Monllil•.: AI' Bt.llotlllno MEJ'050.. .v.EU.S FARGO BASE- e-159. ·1,750.00 . ·. . ....;<,750.00 ' . ~ff. ]l~~.; l~ >~~~eL ··· T""'l $/\mOUn., l60,000.00 . W.Elaltentm.AGL7.3L:· .. : : .. ·:.·\NELLSFARGOBASh.:.!WSQ 1,7SD.OO .......... · .. · .. ·.-1-t,ooo.o;o:. :: Ucenu•:·Jalntt Btrluk (~.00%). AI' Bollontlno AXA so.!. '· '· . •.. • WEllS FARGO BASEC e-159 ·:. . . 1,750.00 -12,250.00 . · Bllll~tntlne (8781-183} Com~n APB.iliichtlrle-MAM860 : .. ·:. :· ·:. ·.'WEU.SFARGO BASE-:8r45& . :·. 1,7e.ci.OO ·-1{),500.00 .•.. t;loiiM~o• (6781-113) Comll'iHiori .. AP BallWin• LNl7-40 . . .... ·: .:.\M;Ll$ FARGO BASE- e-159 ·. · : 1,750.00 ... -11,750.Di '· Chock:: • 9J.11112009 •1726 • :: ·Joinn -~· AJ=I"Bal~anfio~tiNG201·· ..... :ViELLSFAR.Go.BASE.:.sus. . .. ·: ·.: .1J7!0.00 ··-7,POI),O.Q"." .Chock.·: _: .. :. W1612009 . .: ·.1728 .... :·.J;Q~11 $1rl:z:al:· :: . . · .~lentln- (87111-t.e:J) Comi"nlnluri AP BaHer'rlfn& VrtPL-982: .:.. : .:II'IIELLSFARGO ESA.SE;-'a.csg ... ."." .. "1,750:00 . ·-~,2SO.Ou·. · ·Cf1~· · Chd. "· ··.· $118/2009· · :· '5li19120Q9. ·1726 :·.1m .J.IIrTIII!I S1rlzal;:. ·. · ·J•TTMJ• Sb12a~· .. :: (bller..Une {6781-183} Oo.mrriulon .. :" EsalleM!I'lol!l (87$1-113) ec,:miliP"II:Ifl ..... . ~=:=~~e~:: : .·: -:-~~~~~g=~:::::-:-·· ·1:~~:g; :;~:~:~~:.:. sr .. .. .~~~~ ;jm ·, > : Balldne (8781..:U3) Commbslon. ·.· J~§~5~ ~~lon!lno (e1a1-1n) comni>olon '·AI' lloileritlrio lNG ilB : .· .V-IELLS FMGO &A,SE' e-159.. '1,7110.00' . D.DO · ~S'FARGOBASE·~5S::: :: ·. _:·--s.PUT·: .":'--:_·.:·· . ::.·.:· . ·.' . :·.·· ·· ·· ·· ·· ·· ·: ·· ·::·:· :.~~eia.oo·: .. :·:.· .. ·.·-S,610.0!l·· ;: .;;~,;;,iteinlo~:""lk..i.iml-<~a1Al· ·: APMikels.V-TAAIHRA lFG UJ11· :· .. :·ir'iEUS-f=AAGO BA.SJ:- e,.1:5g · · ~1.00· . . . --!i,04D.od .. ~::·.- . ·Ch~ .. .". ~~~:~~: . ::3111/2010: .::~:t. ··j:::=:~: :4737 . ::JIIffiRIL strlzl!k. · .. ... -:. ... ID!Ill S 11fn'CIUnU181.(lOO : .. · : .:. ··: Ucenno~~:J:afMt ~biza!c.{3%} c;;cmn~;u~~n~ .: ·AI' Mlkohi,V-TIW>IRA LBL M1.. Nl"Mikob.V·TRADIRAf'.Y.AJ35 :: ·AI' Mlkolo,V-TlWliAA l.FG 117 .·. · .·IM!U.S FAA GO BASE - 8<058 .: :WELLS" FARGO BASE-~59.·· ·· ·· ·· ·· ·· ·' 561.00" ··· 001 .00 · ·. APMi!uii&.V-TRAD IRA LBL9HJ. :: ·.. ::-WELL$ 'FAAGO BASE~ S.U9 . :.' · :- ..... ···-: ·-: ·. · · .!lr01.00 :.:. · ':WEll$ ~AAGO BASe- e.4sg ·: . ...... ·.' .... !561-00 .. · .. .. .. .. .. -4,.!U.DO·: · · · · ·.. ·. · ·.-.3,927,00 ·· ·· ..• J-,386.00 .. :. :. : .-2,60~.00. .:.·c:hect;.. . .::a.r1112010· . "41'3-T :·: J~rTiftii-Bil"tl:llk ·· . Ch&ci:.·· : ... 3f11J'Z(lla: ·.:.<-473T: .::.:J_..·~aS!rlz:ak· ... "APfrdilca_hi.V-1'RAD IRA LFG 2.U.-" .: .· :.WELLS fAA.GO :eA.Se~~sg :.. · !56UI~ : . -:-2,:244-.0-:l 1--PMik... ,V-TRADIRAP!X.AIJ!ill·· .· .. ·:~U.Si"ARGOB,t1,6E-~-5SI ··.-"· ·· 561.00·: · -1,683.00. :.. Check ............ :. 3!111201 a. .4737 . ::JartMIJ S!rb:flk". ·APMi~.V-TRAD IAAA'V1.1G~ :. :v~L.Ls FMOO BASE--IW-59 :·. ·.. 561,Qil·. : · · · · · · ·:-;-1.122:.~1:!·. ·: ¢11•.;t: . ...... · .. · .. ·311112010: ·: :-;4737 ··JBmnSirlzllk· APMik•~,V-~RADIRAPU \-40 ... :. ·.WELLs FAAGOSASE-MS9:: !5S1.0D ·· '·561.00· • ~: ........ ~~1:1~ :i~~ j:::=~ 'APM1ko~.V-TIW>IRAJHL63l •:Payment1tto Llc;:~n&e•befimdarita > .. :' 02121113 : ~~~ · M~h 2DoB u;,..;u~ti M~,;,h :!010 . Typo ..••..•. : Doiloi. . . . Nuin ~ ·~·i.'·· Sp!~: liobli .· ·. .iolfMoll~ ~"ti1' ~._,;Go sAs~c ~ · ChO.P-U!I1i"1l:Mn,WLLI'9$ .· -!,250.0[1 . .: Chook: ·:. 121312001.·: 3400 . . : Jo~M•I• : T..,l hmoonU2~,ooo APl.MmiiiM.WlNL 26A:. · ·. WEU.S FAROO BASE -845$: ·. 0.00 : : Chook.. 117/'JOIO 39-17 · Jo" Me~o . S«22,000.00 tru;;F~G~BASE;~5o ·WELLS FAI!GO BASE· IOI;p ·22,000.00 . :' .: Chadt. :. 1f1.12Di0 ··: 3ll47: ·· JIII"'MeJi.· · 'Cllont:""""""l..'Sco11i6781-<09) . -AP-Seott;OW8!19·. • • MOO.OO ·11,®0.00 ·: Clooo!o . 11712010 .. 3847 : · .. Jo"M•h Totll I amount $220,000 · . AP Scott,O SlA 3~ :. ·.: WEU.S~AR.GCBAS'--84!iii. · ···~1:;:~ 5,500..00 ChKk.. 1flf2010 3"'17 · · ·· JeiUJieJ& . : .U~Os.li~:J11111'Me.J;:a (10%) APScot!.O MMI !l25 . . ::·.·WELLS FARGO BASE!~IM!$9 .. 5,504:U~:J · .a.m: · · ·1n12010 ~M7 ·. :. n J.. Me.Jb; · ComrniuiDNI · · · APScoti,DLFG272 . · •.: .~S F~OO BASE-8459. 5.5QO.OO ·TGtol Jof!Mo)- :·: , .. 2UOO:OO 24,500.00 0.00· .. .JonY No01 o.. . . .. . . · ·. ·Che-:t . ·: · . . :2271 : . Jerry Need Orr 10115."2()09. ·: Fllhllf-l"RA {878~-276) C.:.mfnlnlori .WIOLLSfAAGOSI\Sii- ..50: · .. · .. · -sf>UT.·: . .. .... .. . ·11,080.00 ,11,080.00 ··. Chft4.·.. 1'0f15,®Qiil. ·. :·. 2271 . : .. Jerry N&l!l Orr · Client: Ml~ai!l L..Jro.iftl'l(:t- F~Jil-er~IRA . "APFbher..tRALNUi!il1 · : .. :·'VM"aU..SP.AAGOJ!A,SE-&1~9- .. 1~108,00: ..... 9,95-4,00 . .Chock: · .. 101151:2009. · · 2271 . Jerry N..l On :-:"TD111.~t:r!ofl.ooo,OO: . . AP Flihor"RAML 7Jl.: ll>ni.B FAAGO BABE~·&459:. 1,106,00 : · .. :.f,llolf-00 ·Chock : 101151'J01l9: .. 2271" Jerry Nool On. U~11-H: JenyNeal Orr (7.00%) APFither-lRAAXA804 IIII£LLSFARGoBASE:::'"8459· 1.1Q.IlOO... .. :-7.742.00 . Cheek 10/15/lOOQ : · 2271 · · · .Jaoy Ne11kl Orr lminlool"" · P.P Aaher..JRAII'olG036 ..~.F:.A.RGPBASE;-8459'. 1,100.00.. .: ·:0.00 Tcrtal Jerry Nool Ori · 11,0811.00 ... 0.01) .. . . JO.onn. P. KIOPioio . .. . . .. . . .. . .. . .. .. .. .. . . . . . ..· . .. ..ChiCk ·. . 1/2812010 EFT . ·dOilltlntP.Kleppt Magloh:ar,JalienSifrRathiRA(6781..592)CommiM!e~llS- :. =-Vv'Ell.SP:AROOBASE~_Il-459' :: ·..SPLIT··.· . . . : ·· .: .: . :UOO.OQ ·-2,100.00 .:Chotl< :--:· •1128/21l1D EFT· · :J"""'~oP.I'Joppo· C.mmlsolao · · · .APMalgohor.J-R011iMETSM· : 'NELI..SFAAGOBASE•8469. 525.00. . -.1,57MD :Chotl< : .. ·:112812010 :m .. JoMn•P.I,"WC1.l•.SFARGOBASE .. $45i. .· :: ..SPliT~: ...· ..· . .... . 1,:5r!5.00:= -1,575.00 .. .".Ch'llct·· ·: .: .. 112812010' EFT -.J~"tutP,!Kiapi'G ·.·.··. ·.·· ··.:--:--.:.-: :Comm~~·--:-:·....·.· .· .. ·: .. · ·..... ··.·· .... ·:APArial{iOhar,.t-SEPI~l.FOCD6"-: :·.·.WELLSFARGOBASG~Ii4!S9· 52!i.CO. ·-1,0$0,00 :·.Ch-ad:.·.· .. f/28120!0. EFT . :Jall[lna P. kl~tppe. · · · · · · · · · · · ..· .. · ..Comm!Mlan . . . . . . . . : · : · .:.·.: · : ·.: · · · fJ.P ~igoh.-,J-SS' rAA L.FG 7J,.G.:. : · !NEU.S FARGO t.IASE-.0:459 .. ·. 52!S.OO . ~5.00 . ··Ch¥;k. · ... 1r.z612010 EFT :JoanneP+fQ"Ppe . . ........·:eom~an .·. . · ·· ·· ·.· · · ·· ·· . APM~gll'h.at.J-$&PIAAI.fG~:: ::~s.!=AA.Gt~HJASfl~&«ia. ..·. tl25,00· .. .. .. .. . .. ·· ·e-.00 · ..Chock: 211112010 EFT ·J..,;,noP.llwrdoh,E-!'IOTHIRAU'~~.,. 1\E..L.SFARGOBASE-e-459:: ............ ·878.13..... . . .. ... . : -1,3!16.28 · . ..Cilkk" . . . . . . . . . . :2.11112010· ··:. e:Pj· ·::·~=·= : Check . ::~~~:~g 2111120t0 .. :. EFT. ...·~:. _:~IJeP+Xl"IIPP'f!·· ~·:j=~=~:=:= .JOflflne P. Kleppe .: ·:-: ' . . . . . ·.· Commlalo,"l ·: ·: ·: : : .: : ·:. : __ : _":_ :. : ..... : :·:::::::·:..:-:-::--:-;.·.:_;.·_:_~=~.:H~~~~AA(~Bi~:..;bo~~OO~.:· · · · · · · · · · · · · · :(;:ommMl"on . APP-alcstlllf1dehF&-ROlHI~A"AGLO:::· :Vtmi..LSr::ARGOBASe!-.ll.f.SS·:. :. : ..... · .. · .. '11711;14 ··: . ::· ~~~~~~~~~IM~~1~1 :~~-~~00-~E-·~ss·: .. : .:· ...... : ~78:14"":·· . AP Bakf.balld~,E-~RA PU 930 :· :¥1/Ell.S FARGO BASE· S4!iS :. ..72.37- 1,417.rtS: ...... ·.:·~~.4~~:: -9+t.72 -~l.l'1" ... . · ···Ch&c~~;.· ·· ·· ·· : .... 2/1tl2mC .... EFT :Jot:rm•P.Klap~·.· ·· ·· ··.:·.:·.: :CommiHl"oo · "APS.b.rlu-ildch,E-TR.ti.DJRAAN~52.1·· weL.l.SFARGOBASE-B-459·: 472.36 -~'72.38. Choci<.. 2111/lOID .. : . EFT .. :.J...,noP.Illoiodoh,E-TRAr>RA.LFG272 :Wi!Ll.SFAAGOllJ\SE-8459 . : 412.36. . .. o.OO : ·T~; J~MIF1i P. Kl:tPPe :·. . . . . . .. .. .. . . . . . .. .. .. .. .. . . . . 7,126.~~ : · · · · · · · ·T,12EU~O: : 0.00 . . JMEfranklli"l · . . . . · · : · : ·· · : ·.: · : ._. : : .: .... • ... ·. ·. . . . auwk · ·· · · · · · :et2if.2Q(Ia . · .. U-47· ..... Joe\ F.rt~kll~ · · ·WJsan;..fRA(B7S.f~1CI) Coo-IRA'ML1~L .WELLS FARGO BAS~ -146~ 850.00 · ·6,200.00 · .¢h~. :nn1a:oo-11·: · · 1""7 · · JOftf Fran~r~o · ·: U-oeilua~ Joet Frii$1Jdin · · · · APIW>OIHRAAXI\11~ ·. .. . ·: .. :WELLSFAAGOBASE_.8450 . : .oso.oo -4,550.00 Check. 812i!21»B : 1447 : ... Jool F""'ldl' .. ·:W,..,.,AA(87$1-1CI) C:Onmwori ·· M'IWiiCrt-IRAMI\M8SO .... ··. :.. :... WELLSFARGOBASI:~84S&·: 950.00 .·· .. ~.900.00 Cheok · Chook 812112009: ".'1447 :· :·JooiFr.n~l' ... 812112000 ·. "1447 : ': Jool Fr0n~l> : ... 1Mio~~ ~ei .505) · ··.Ch.ecli · 11f.25J2QOS!. 3415-- JDC!Fr11nldln· · ctoooio · 1211012009 :EFT · .. Joo1 Ftoo~ln : · · WELLSFARGOBJ\SE-11459 :. .S!'Lit-.:: :: .'.. .' .. ·. ·::. · .: . -3,900.00 ·: :.ct.~·: 1211012009 ·.··.·eFi: ·· JoeiFnmkll.n_.: Commltlfloo ·NJCI'fJM,OAXA~. . : -:: lf-IEU.SFARGOBASE~6-4-"·· :6.50.00 -3,.250.00._.:· .-~== :" g;~~~: . ·.~· ·::~=~· . ·.Joel Fren~n.: .. . .·. .cam.m~I'J!1· C,pmro~oo: · ·AP CroWB,D PIJ SilO.· . APOnnw,CJ:PI212 ·. ·AP Crews,DA:I.A 1211.: · . · ·:: WELLe FAAGO !!ASE-·845<1.' 'NELl..SfAAG:OBAB:E~84S51: ·· .. WELLS FARGO BASE~ a..&SB. ~50.00 .650.00 :650.00 . .. .. -2,600.00 · ·-1,.950.00 .. '-1,300.00 ·. .:·.:. ~~~~=·· Cl"ledc . . f2J1012.QO£! . . :eFT ·Cf(l1 !kl. .. .... WEI.J.S FARGO BASE • 84!9 aso.oo -1,!00.00 C~ook: 1n-1201t1 EFT · J~ Fnnlilln CommiSslon M' RJ~,F LFG 183 WEllS FARGO BASE • 0459 .. 650.00 . -MO.OO C~ocl<· 1n12010 EFT · :: J~ Fnnldln · Comm!nlon .M'Rl"""'*"'",F PU 140 ·WEiis FARGO BASE -8459: 6SO.OO . 0,00 .. Chod: 1n12010 EFT . Joet Fr3nr.Jin . Rli::hatcban, Dzvld Jt~an (6781..S1.C) Camiduir;inl:l :WI!U.S PARGO BASE·· 0.59 ........ -SPUT· . . . . . . . 8,4!0,00 . ·&.450.00 Choo~: 1n12010 EFT :Joel Franldln · . Cammlulan AP 1lld"ia~,DJ MMI C25 .. .. .. .. -we:u..s· P'.ARGO BASI! - 8459- : : 1,207.!1! . -7,2•~.64 Che-ck: 117J2010 .... ~FT .... Jool FronWn Cammlaloh ·APRlcttllf'l!r.Dl"I,WPU91!iD :VYE.LLSfiARGOSAS'!-~9 · . 1~07.~4 - Ch&dt. 2/"fn01D .... !;FT..... JDili Ff1lJ1Hn . ·cammlsalon .APMc-rs;II.II,J.TAADIRAl.FG tB3. -wEU.S!'!AAGoBAS:C.-84!551 1,218.75: -1,2~8.7-5- . Che-o~· 21412010 EFT · · · · Jool Fron)Jn Oammb.lon: ..AJ:I'Morg.aii,J-'TRADIRA.f"U.1~~: : ViiEll..S~~~~~S~~~g.: ·: 1,21~.75: D,co·. Cheok· 31'112C10 . ··EFT : · J~ Franklin· Wl~~~rm, t:ndrene M. r6h1-654) ~mm~iim 'fiiEI..I..S l"AR~Q flASE- &45tl · · .SPLIT-· . . . .. . . ·a,ooo.oo -[10 .. Che:el<. 3/1112010: EFT . Chocl< 3/111201D' EFT .. J~Ftllnxln. Com.mlsJJon :~IMI~erM,EMAXA091 :.·:: ~FAAGOBAS~·&4!:i9 1.300.00 ·~3,900,00 . Cheek. 3H11201D EFT .. JoeiFran~n CamtTI~an ··AP'II'I~~r;m,EMU'G163 :·:V'f'E.USFAAGOBASf-045S 1,300,00: ·2,600.011 Chod . 311112<>10 EFT JooiFmn)Jn· Comm~on ·APW!Ii!:~m,EM~I 1-40 .. 'INeli.SF.AR:GOBASE-8-459.. . 1<300.tJ:O. '·1,100.00 -.~ltCk: :V~1tlQ-11) EFT ~C)e~Frtlllklin :Com minion "AP'Mflli:rnt;,EM t.S.I... n1 · .... "lfoi1U.l_S FAAGO BASE- l-4-59 . 1,300.00 · _.:....;-;;:;..,i-;;;; 0.00 Teo~ JDBI Franklin 61,75D.Oll.. 61,750.00. · .. :J0hn -rtJdd•Re:IQMt : . . . . . . . . .. , . . . C~k 10/16.12009 2299 John "loda" Rel!lgftn Hflfl'l-ar.deoz.(B7B1-:i!9J) -com:mi&Wn . .. WELLSFAAGOBME-645~· . : -SPI.IT· 2,100.00 ·-210000. Cha.ck. 10/16120M 22»9 John "Todd" R&apn.. Ci.mt: C~~or1o. Hl'lmNldti1-. .AP Hemandu,CAN1 8'!i2 · · ··"WELtS PAAaO BA$E -6-459 . 700.00 : ·1:4oo:oo . Child 1.0/16t.2009 ~: John "Todd"' Reag1'1n.. . . . . . . . . . . . . . )ate.!$ Amount tS,ooo.oo . : ·AP Hemafu:i!IJ;,C LNL 7!.2 . 'WEllS FARGO BASE- S459 · 700.oo- . . ·700.00 · .ChO<~ '101161Z009. 2299 John 'Todd" Roooon Uoonooo:Jolvl"Todd" Roagon 114,00%1 N' Heman'Elel',C LF~ ~ : : 'INEL.Ls f:',AftGO BASt:- 6-459.'. 700.00.: O.DO Chad!~: ·1QQJ,I'lm;:.e ~lD jDI'Ir'! "im:h:rA.n~li.... .. .. · .. · ·· .VVEL.l.S FARGO BASE- .845!1= : --5FliT- .. . ·. . . . . . . 4,702.$3 ,-4,702.9! Check· · · · · ·10123r.2009 · 2t'i10 Jahn '1od.t' RIHI~· · . C6ent:: G11)'le L. Florlo--IRA(87B1-29J.) "1\PFiorlo,G-IRAMEHSO . : WEI.UlfARQOBASE·6459. ·,7o.21·· -4,23H-I · Chaek ........ ·1t:lo/23f.2009. 2510 . . John "Todd" RMIIgan .. · Tohil $ Amoont: J3.S:S2.a8 "1\P~~rio,G-IRI\AGLT.IL · .· WEU.SFARGOBASE•M59 47029:: ·-3,76:2.35 . AP!'=kn1o,G,lRAAXAS04 : WCL.Ls.FAAGO EIASE-.e.459. o4.70.211 . ·~,2112.00 Chacl!. 10123.12000: 2510.: John "TDdif'Rea~n· . . · ·. . · ·. · · UCCl'flU'~"~:John "TDdd" Rlllljtllfl {H.QO"Ao) Cheek. ·10123f.ZD.08· 2510 JDhn"Toth:f"Reagan.. .. .......... ·Comm)A.Ioo_ · AP Flaria,G-iRAI\XA 148 ...... 'WELLS FARGO BASE~ BJ..!ie·. 470.211 : :-~621.77. Chf.ld . . .. 1:0l23.120oa·. . 2510 . . . JDhtl "T.odd" Re~:~g-ari.. · "A!' Florio,G-IRALNL 7-40 .. · WEU.S FARGO BASE' 114~9 470.29 . ,-2,15!.48 Chotk · · . ·101.131200$ · 2510 : . J""' 'Todd" Roogon .. 1\PFiorio,G-IRATNG:.IO! . . : WEU.Sl'AAGO BAS~c-· 470211 : •\,U1.19 Chotk · .... ·10f.Z31ZQ09. 25\0 · .. J""' "Todd"Roogan·.· 1\P Florio,G-IRAANI !52 ....... WEllS fARGO SASE ·6459. 47029 : ·!,410.90 :Checll; 1or,.!3.12009: .· · 2510 : JDhil "TI'.Idd"Reag.an·.· · ·liJ' Flarla,G-lRALNL 782 WEI..l.SFAR.GO BASE -.e-459 47029 : ·9-40.5\ :e11&0k ·10l2312D09· 2510 · ·JDhn "Todd"R!!ag~m .. NJ Florlo,G-lRAJ..FG 568 · .. WELLS :FARGO BASE L.a.t-58: · 4-70~::. . -4-7Q,J~ Cl1edl 1~312(10ril: 2610 John "TOOd"' Rlingan:. · · . :AP Flotlo,G-lRAjN(i 636 . .. .. : \IVEU.Sff&RGQ BASE ~~59.. 470~2 : o.co WELLS FARGO BASE· 64~9 -SPLIT-·: .. 7,12&.00 -7,-rn~.ao ChftQk .. '1013Cf20~· 2729: ·: _John "TOOd"'~ag2;n .. C:,1!11:"- . . . . . . . 101300009. .272$.: JQM 'Trxh~"fbagl:!l1 .. · cnon~ 1\olhl.. n K. Pa1TO'Iio:-JRA [6711~2321 .. A!' Pm'll<, K,IRA I.NL 1 n : ·: WB.LS FMGO BASE' MS9.. ·m.eo .. . '.j~,J55:/.Q :Che-ok. · ... 1000!.20"09. 272$.: JOOn"TDdlf'Rt~l'lgil:n. TatJ.I $ :~moW'It $:!5,200 uo:mm~a: Johrt "T~dr ~~a~n (1o1;%) .. · ·AP PH~YI.c, K--IAAAG1.·73L liP Po1rovlo, K-IAA 1W'. 604 Vi'EU.S PMGOBAS-S -&459 WEU.S FARGO !'JA$5' 2459· . 772.80 . m.eo .. '-8182 o40 : . r5:4os£t:l · .CJ1.-ek .. :10/JC/2009: 2729:: -!ohn "ibdd"'~RIJIIn: -',636.&1 . CJ11!1tli. ... 10130.121i09. 2729 Jllhn "1~ l'tt~~gan. . CommiMicine. . AP PGiromltllti,A-IAAIW'. 804. .. 'loELLS FARGO BASE-.6459 .1.!27.38 .. ,9,291.~: ~l!lo::-11. · HQ0/.2009 32815 · John "'1'-o-dd" Re!!=(JilO ~~ 1fi20!2DOSI 32$5: · JQiin""rod-crti:e•~'•li· Comri1i:imi0111:1- · · · · AP$h""'ofi"',A-IAAM,>.M.W. WELLS~ARGOBASE-.645~. 1,327.38 .. ·7,964.20 ·:Cha.c~ . 11.120!2009. · 3285: .: .klhn''TcH:I-rRel!gln· AI'Shamlollor,A4AA LNU40 · WELLS FAAGO !'JA$E- 6459 1.!~7.3& -0,000 . : APHlQ~,Un~eyKlBUi18 .. ~'1!1J.SFARGOBA$:E:-·e.4S9· Uc.tute-a:Ol'd Money lt1-c1Ed Hlekt (JD'%) AI' Hlolai,Un""'Y KU!\. :161 1'/S.l.S FAR~O SASS, 6459: · . 300.00. •2,100.00 Check · 311a.t2010 : -4-1!14. JOOn "Todd" Fte-!ll~n . C:hac:k 311612010 · 4!1-4: ... Jo-11n "TI)dd"'RHO•D . CcmmluiOM. AP~Icka,Un~y KAXAl35:. ~FAR-GOe.A.S~-845~ . 300.00. . -1.so~.oo. AFHicb,Und1ey !( LFG 117· ~Ll$PAA~ObAS~-t459. .100.00 ~1,500.Do:l. ChRk. · · '311&1'2010 ~!!1-4: · · 'Jol'1n -rodd"'·Fl~~n· Chc-ok ·: · 31'16.120'0: · 4!1-4 · · .. ·Jat1n "To-dd"' R~garc P.P Hlilliri,Und$e)l K lFG 311 'WeU.S FAAGO !i!AS:E- St~;!9. . 300.00' . ,1,200.00 AP Hlcb,UmhiS'/ KfV.A 091 'INEU..S FAAGO~Ei.-.&4sg .. !00.00· -~.00 ': Chaok · li18J2D10 .. · 4-91.4 · .. Jot'ln "TOOd"'Ra~g;e~ . Chetlk . . .3(18.12010. 4oll14. Jotm "TI)d"lf"_~e•~r~ 1\P HI<:M,UndooyK AV\..110. . WEU..s. FAAGO SA5E ." 11'159 . .. 1oo.oo . ~0[1,00 . : Po~l•er.: 412  1D:40AM: Ol!.UI13 R~~Y~=!~~~l7~!~;~b:~~d:~:s .· : A~~~~' Mart:h zciag tnroiigh Ma..:h 2n1o :iVI'O' :nllhl .N~i:n- Memo A"COOUrtt . Spllt ChNri:: .3Hl!J2010.- :-4:tt1;c ·-.-=JOOtJ"TQdd"'·~~:agan:· . AP Hl.Unolooy KJHLGJJ: :.WEllS FI\RGO !li\SE·i45P: o.ao·. Cl'1to*. :JI'1 8a01 0 · -4810 · Johl'l Pfodd"" R:eagun · · \1\'EU...S IE"AR.GO BASB.u 845il . ·-3PUT· · .,.. : ···· :· ··. :· : ..3.oOO,oo· .·Check. 311131'201C. ··.481_, ·· :·John-rodd'"'Reagllfl·· · :ci1.;;.; Uli.IAAoo~ Feo c.,r~noi ""'""~ Hlcb (S78!-B79A) AP lJTMA c.u~ Hli:lo LFG m ·. .:IMllS .FARGO !WIE · ~51 : "~.700.00 :.:cnook. : Ch-ek· · t':h~- 311enD1D ·:4a!8 :· :·Joon"Todd"R••II'•:··· 3118J20iD .· _:.4a18 .... J~n-rodd".Rull:gan. lf1Bl.lC1a.· . . :-4-8-18 · .:.kltm"Todd~R:~e:Qan· TotaJ.S llnlOoLI.rUtOO,OOO . . : u,.,,..., 01~.'-'"""1' loo/Ed Hlobo (10%): : CommA.t-em . ~~=~=~~r APlJTMACoomytfi<.FG311·: ·:v.EU.SFI\RGO !li\SE· 045.9·: -t.zoo.oa.·. .. Ch&ell.. 3118f10HJ . ·_ . ·_. 4&16 : · :: Jol'Jn -rodd"' Raog·an: ··: · APlJTMACoti~HI"'*AAAOif. .: \IVELLSFI\RGO !li\SE-845.9 · -.oo· · . _. Check. 3118/loro· · · .: 4!1-B : : JOO_t1-Tcdd"'-Res.o-f1-- JI.P IJTMA Cooftnv HldaiAVl 1sa·: . ·vvELLS.FARQO WE .,_84~9· · · · -$1Jo,co· · .. -:. Ch&ek: '3/1et.i!C! D :·. :·: 4!18 ·: : · JcM "Tod:·Tob!j Jot,n ""Todd" Re-ag.Sn_: : :15.032.24 .. Q.l>O .. ··-:~":~·~:: . .· . . . . . . . $]~~~·8459 < >5 ~~~~u:~: .•• ~~g:~r ;!;i::~~ ... ctteet ·. ·10.1301200& · · · 21t13· · ··: o.!ot1n Ch.ampl.on . ·: . ct;oc~c · .·:.Checft : : ·:. · .10..,0/2000. . . 270~ ·. .10JJ0/200&. :: 27D3.: . Jol1n Chtfllll/011 : ·JoMCh:l~on.·: · · · · · · · · · · Cllont Dorothy J. Egger (6781·~7) ·· ··.·: ··.ToW$111mouili:$:50,000:.. · : s.ooo.oo •. · Ch:ee:J(·... .10Jl01200i ... 2703.:. :.·o.!ol1nCha~ · :.·:.·:.·:.uc:efllet~; Johf!-ChamPitln(1C%) __:. ·APEa!I'I".DAXA6Q.1·· > :c:.WELLSFI\RGOBASECil459. ·: ........ ··.·500.0& '. . :-3.~.00 Ch'llck. · . 1013012009; · · 2703 · · JOOn Chrrnp[Uil_ .... Corti~on:s · ·./Jil Eog.t~t, OPJI.A t-48· · · · · ·:.WELLS i'<"AAGO EIASE..: &459". : : · · 500.00· · . :-3-,000..M-JAAHUB\4. : :: :::,: \o\EU.SFARGOBiiBEi$459··:··:···::.. : 890.00· : : ..0,010.00., · · Checl< ·· 1!i1 OJ2QDI · · 2963 · "•hn Chotnploo .Total$ amat.mt $89,CI¢0 · ·· ·APMu002,M-JRAWeta : : ·: ·: · ·WELLSFARGOBASE'!.45L.: .: ·:. 890.oa:. . ··7,!20.00 · .. :AP~unoz,M-IFiA.~I!:M.·. / : .:. :. WCL.LS FAAGOBAS!.~B-459 ·.: ·:: · ~ •• ~::;~g::::=. :1!11012009 · · 296~: ·John Chompl.;, :. . . UQI:fll!l••: John C:!'1~.mp1Qtl (1 O%) · · · .C~J.rru:nM~:·: ·· · · · . : AP Ml-lil-n:l~·IAAAXA146· . .·. :-: ·. · ·· ·WEU.s FARGO BAS:!;;. .. ~5!il :.: .": · .. :APMuno:z,M-I.RAl.Nl.740.: :.=:: ··:.·· "W'ei.LSFAA(;OBASC·o-459 ·· ·· 890,00:·. · : 8~0.00:. ·: : : .: iiEl-D.DD: :· ·. :. ·-e,230:00 ... ..... : .. : . ·-5,3-(.LJ..OO ._. :: :· ··-C,-450.-0Q·· .. : Chook :t1/1Dm09 · .: . 2963: :Jol~n Chornp/oo . ::AP Muno>,M-IRA I~G 201 :. :.:::·::·.WELLS FARGO BASE-il4~9 ·:. . . . :. OllO.OO. . · · ··.~,loW.OO ·· ·· .. Ch1Klk · ·11110J2COO". ::2963: .....rohnCha:mpfo.IL :. APMuo.. ,M.IRA PU 930 · . · · · · · :.: WEllS FARGO !li\SE-9459 :. . .... BiO.OD:. . · : · : · · · · · · -2,670.00 ·' Chook ·:·.=:·:.::"::.:: ClleQc. Chec:k . . ~: :::~~~== .... 11r.zli2Qt)9 .. ~1mnoi>$ .:·. .::- ·: . :1111012001 · . · 2063: ··· :.John Ch:•mpfoo ::j:~~~:=:.: · ~- ·· ··Joo,., Chanlfian· :. · ·· · 3334.· ·John (:hafllplorf · : :e~ont: .AMn H. OiminoilRA\67iV382) : . .. ·:APMunoz,~MLNL:18~·.:. . ::C. \o\ElLSFAAGOBASa-&4s9·. .. APMun.,.~RAI.I'GWI' . . ·. Wl'l.LSFARGOBASE·94S9 ':·APMunoz,M-IRAING036: . . : . ·:·, .::.WEIJ.BFAAGOBASEC94s9· ·. ·: wa.tS FARGO BASI!- &45~ ... :: ... ··;.sPliT-.: .. · .. :.·.·:.·: .. ·.·.·.. ·. . ··APG-..,.nn,A"RAHUOU·: V\'!!LLSFAAGOBASE.,9459 · Bi0.00: BiO.OQ: ·· ·····'"o,oo· :.: ... :. : ... 500"txl. : : : : : : 2.,!!100.00 ·· ·· ·· :·,l.7!1MD:. -800.00. ..... c:c.co: .. : .-2,SO.:t~O:. .:!.ll(ID.I)tl· .. APGertlr.i!Tn~ri~,A-IRAING201 ·. · "'v'tiELLB FARGOBASE..:U-59 · .. · .. 500,00. >1,soo.oo:. ..: : Check · · · ·11123.'2:009 · 3334· ·· ··JQ!f"m Cha~on= · _j.gtrJ"$ ar'nauril: $25,000 · · · · CheCk ·· ·· ·· ··11Q3J20Q; :: .":3334· ..... J~!lChi'II~M·: ·U"Ce"nSiliB! John Cha~oo (HI%) : : APGertllilnn·aM,Ao.lRAPU 930 :·.·. .... VitCUS FAAGO BASE- 9-4_,9 : ........... 500>00. ·. : -1,0Q:Q.DO :cQm~on~~:· · IJP Ger'Nmlann,A-IRA LNL 782 ·.·.. Vv'ELL8 fARGO BASE • 8-4r-9 . · ... .-.. 5Cl0.00 · · -50(1,00: ~= ::_::~~~~: ---~~~: ::::-:j=~==~·: . . . . . . . . APGi!itbt:lrmannMRALFGMS·: . WELLS FARGO BIISE • $459· .'VVCL.LSF.MGoBASE-M59 : ·,sPLIT··' ... ·· · ·:· :. : :. . :. ........... 500.00:. . ; ... ·· · · · · · · · · ·: . : 5.')00.00 . ·(l.~D . . .S,Oaa.aa . Check:· · · · ·1/1412010 · ·. · · -4(135. J«m Ch.-mplon.: · · . Check : . -l/1.u2010. : ...·: 4Dl5 .John Chafl$1on •• Cl~.ni: ~ug~; "'Go~• ier$1~1 • .APG-,ELLIII!li: .. WELLSFAAGOBASE-&459. ·· ··500.00·.. .: .: .:-4,:;CD.DD: ·.Check: .. · .. l/~412010. · · · -40l5. · · :·.·J.ohn Chilfriplcin· · ·.· · ·.: ·:T.-a-tal :s ~mQI.lnt.$50poo . . . · . · ·APGr.vjtc.,ESLA338. 'IM:.U.SFARGOBASE-&45'&1 · ·· 500.00· ... ::.-4,1)00,00_ · :Check: ... i/1412010 .40J.I5 . : ..Ji*lnChall"lplon· ·. .lJoeMeus; John Chamj:J!cm {l 0%) : M' Ga\l"ltQ,E Lfll QO-! · waJ.S FARGO BASE~ 8459 : Sllo,E!.FG1B2 :WEU.SFAAGOBIISE-8459 :· 500.00. -1.!100.00 Cnoox 1111o12010·· 41J)5 ··:·: Johnell•~oo.. .. APGo\'llo,EING l6J . :;<.al5 FARGOBASE-8459. .. 500.aa· -1,000.00. Chm·· lf1412.010· ::-4035 ·. :=Joh~Ch~~~~- . APGe\rtto,ELFG 1.8l·. ·V'rCU.SFAAGO~ft.-~59. 600.ca· ...MO.C!O. Ch"* · 111412010 40)5. :.John Cho"'"on APGI!IIvft.ojEPUHO· : .."~F.ARG08ASE~84!:1S ISCO.OO· . . .O.OQ. l'oaLSFARGO SASE; IJ.IS9 · . . cSPLIF,"·:· .,: . :· .::· ::·.: :: .. ·3.aoo.aa. : ... ·~.000.00 .... Ci1kl< · 11.1.enD10 ... 4225 : John Cho"'"on· Chot,'MIIIon1A.1RA(87o1-1&4f: · · · · · WELLSFAAGOBASE~Mi>9.: ' .GPl:iT' ... . . 10,4:80.00 . ·IZ,4Alt0~· Ci1oo~:.: . 1~/11)/:l.(l~·· .. EFT. ·: JohnE.Hodgo· ........ CommlWlLS FARGO BASE -8459. : . 51),00 -100.00 . Ch.,ck · · · · 212:51201-Q 4499 ·.. : Jdvl E.. H~h AP-e.iwm,ThomMilFG Ul .. lh'ELLB FARGO BASE ~·Ms-a: . 50.00 .. .!j.(J.OO . :. AP Browo,Theok ...3fV2tf10 EFT John E. Hoo~no Chedc · · ·.)111J'l01.D EFT John E. HMt.:lnt ."Mo-rin, Vlllll~m P. Tnld IRA{67!!-1-82J) Commia!ri : : VIIE1..LS FARGO BASE· 84M"..·. . .. ·. :.spOT-·. .. . . . 2,0®.00 . :02,00J.OO Ch~ .·· · 3,1"11.12010 ·:. EFT ·· · · John E. H01111dlllii .· :c~;~mmlmr.klo · ·· ·· · JiP Moran,!Af".llW) IRA LFG 2-48 · · · · INEl.LS FARGQ BASE" ~M5B 400.00 -1,600.00 ·.chook :· :. : ..3/1112010 EFT : . : John E. tm~"' · · :Commlsllon · : PP lrd~,IJ\IF·TRAD IRAAXA 091 ;:·.. : _·.VYEL.Ls FARGO BASii.,;MMf : APM....,,WF-TRADIRAA\'1;190 :. :: WELLSFARGOBASE.'M59 . 400.00. 400.00 -1,200.00 . ·-&00,00 .. ·ChOCk .· .. :!111/2010 EFT .... John E. H.. ~m : : CommiD!Iioo .Chooll .:!11112010 EFT . John E, Hoo~oo ·· ·CQmmlssfon . APM.WF-rnAOIRAP"140 :.::. WELLBFARGOB!\SE:-11459 400.00 -40(),00.:: Chock 311112010: EFT···· JohoE.Hoe~no :comm~- . . .. : APMonn,WF-TRADIRAJHLm ::.:c·:l'lal.$FARGOaAil~.c~5~:. 4QD.OO. 0.00 .. WEllS FARGO BASE-.·MfJig· · · ··· ··· ·..SPLIT~ 12&.00 . . -IZ5.00 .. · Chack ll1 ,120~0 : EFT · . Jot'lrl E. HOiklnt- M~artl111ld 1 ~obiH1.M. R:o!h~R.A.(87:81..8Ql):CoM~ant. the« iW11Q011:J. EFT. "Jof1nE.H011kln._ .. ·com·mke.ton · ·._ ·_ ·· ·_· .· · · · : NJ McGilrUI!:nd,R-ROTHIRA lFG ~;7 :. \1\'aLS FARG·o BA~iE-~:U59. ." · 62.5o: :..ti2,.50: Chaclt "!11 i.l7010 . EFT : ... Jotm S.. H~ldoa :Com~:···· · · ····· : PP McGartltiild.R-fi.OTHIAAAXA 091-·- IM:LLS FARGO EJA,se~·M~9- 62.50: 0.00 . .che.48 ·-«2.48. ·."Ctle-ok . . .3111(1010 EFT . "John E. Hmr~& . conunlaal'on.. . . . f.P McGiirlli.ndJt~i~!rtAtBL ai-S ": IJYEUS FARGO BASE.~ JW59 · · $0,31 rJ.B7.17" I+P Md3Dr81fjndt~·T~!RAI<:AA.335 · ._INEUS FARGO BASE·-&4-!iS . ·55.31 . -:131.86. .-6~:=. -~l::~~ ~~ .. =~:~:~:.: EFT .....Jot1n E. HC'li-khl. ': .CQ:1DmJutan: · :cam~r~ C~;~mml:aJ:an · 1'P MaG!!.rDIEild)~.•"rRADIAAlFG 111·- . \fiiELLS FARGO BASE~.84.59 AP Meok · ·:Chock: . "l-VJ.OIZ009 . ·:.3M$: .. 12/30/2009 : .. 3$118. · 1213Mlell9 · · lBU· :Jbhn P. Flah . :John P. Fbh ··Joh~ P. flah · ·Tobol $AmoIAA PU 1-\(1 :: ... : · · waLS FAAGO BASE·II'I'D.' 1,500.00 . 0.00 .. : _:- ChOtl<.: · :211812010 · .. 44.12 J\JII!:!n Mar'li!i· WELLS FARGO BASE- M58 .' .. .'.. : ~IT<· .. '. ·..... ·: :.-.. . 250.00 -250.00 : Choolc· 2111J2D1U · ~12 · · Jooiln M•r11n ..CII&Iit: 'i..oube W> ~~n (15781-7:50) : j:::~~::~ carrcrrtbalorm · . . . . . .. .. . .. . . /4J a..l~me'!l,L PlJ HC AP~-,LAGlll.0 .. . . ::: ·. 'rla.LB FARGO BASE...- ._..U : ".. :wa.LSFARGOBASE·M59 . . . !5Cl00 · . ro:oo . .-r.o.oo ·, . Q.OO : : .: Ch~- :2/1812010 ·.· .". -4<2.5 : .. JUIIri~ WQrllr.. WELLSFARGOBASE-1>159··· ·. ··.SPLIT-'.' ......... :. :: :: : .: . , 27,ooo.oo -27.~.1JI) :·· .. ': Choll• M•!lln Client L•iTy L. Mnes. T'"d I.AA (61Dl...'nA} • AP MII..,L.,.,..TAA0 IRA w· see·: :: · WEUS FARGO 8ASE- U59 : .. .. . : ~.70&.00 : -Z4,3lXI.DO'·.:. 'Chl!lcl! . .": .: ... : .: :2/1aJ201D: _·_- o44Zr;i: :_,JL.t~l!n.MIIftln Total$ •mool!lt.J300,000 · : : APMnh·,Lany-TRAD IRA LFG 2"1!1 _:: · W'EllS FAA:GO I:IABE· M:!iQ · : :il,700.DO : -21,500-.0'0 : O.odl. 2113.120Hi .: ··_· 44i5 : · · Jurin lr.iailln -· .. Ueenee~: ·..1ua.~n M!rtln (9%)-. . AP Mll.,,l.ony-TRAD IRAAXA 01!4 .':·:.wellS FARGO BASECM5!1' · ........ 2,700.1>0 : . -1,,;;QQ,oo.·. ..· ChM:k 211412010 · ·· <4425·: :_ .Jl.RJUriMartln .. : ·: Comm!a:!llo~.·· AP MIIH,loi!Y-TRAD IRA"- IRAGFG OliO·:·:. Ya1.S FARGO BASE -MoO· 2,100.00.: -1C',BQ0".00 : • Ch""' · 211S/2010 . ·. «zs :· Juoll!i Mo!11n . .. . . . .. · AP Mllet-,Lany-TRAO IRA/1Jt.AOQ1 .. ·.. v..e..LS FARGO SASE~M~tll- ~.7DO:OD :-a,100.00·: :: ·Ch&et · · ·.2r'18,1ZQlO .: -442:r;i· · -J~ lt.htrtln . ... .. .. . ....... . . . ... . . : AP Mli-,Limy-TR/ID IRA LFG 11!13 .: ... VIEUS FARGO BA.SE~84~9 · 2,itl:O.:OO .. ··-'0,400,00 .. :.z1oooo · Chool< : 211112010 ·. · «25 · ·: J"'~" M""'n · .. . . . ......... . . . . . . . . .. · AP M~... Lony-TRADIRAPLI1'10. :/' WEUS FARGO 6ASECU59 2,700.00 .. _: Cill~. :. . . . . .211812010 . :.· . .w25·. J~.~&tlr'l Martin . : AP MIIO.,Lany-TAAP IRA AGL130 .'. ·:. waLS FARGO BASE 'WO 2,700.011 '. o:oo. .. ·.checlr :: :: : ..... :2125,t'2011J·. EFT· _ Ju~tf~ Martin . HMM~ lopez rnd IRA(67s1-?63) c'orri~mi : 'NEUS FARGO BASE- 54!5~. . . ·.· -SPUT-···.. ·: ·, ·: :· · ·· · ·· .' · : · : , .. 2,-431.62. .: ...~~9.62 Choolc : . . 2125fl(]l0.. ... EFT .... :J""U' M - . ·. C(lt(lm'$t.lon · · ·:APlopez,H-TliJ\DIRALFGn&l:: :::: waJ.SFARGOEiASECf459 ·.: "'27!.110., .. .. . ·:-2,!-.!,Sft .. ·.Chodr ........ :212!112010.. EFT· ... JuoUn Motlln Cc»nmllt.lon .· ... : AP lopoz,H-l1Wl IRA LBL361:: :: :: waLS FAAGO BASa -a.!SQ ··. : 27!.1>7. ··-uor.4a.: . . _Chi!IGk . . 21251'2010 ·-:· EFT ... : .Ju•fiA Marlin CcrnmDlDI"''.· .. APLoP"",H-TRAD IRAI.FG 117: :: :: WEl.l.SFAAGOBAS~·US9.. . . 27l.OT· :-1,SE-Il459 .: .· . 27!.07 ... l,JM.30 .'Cbool< · :212mii,S.TRADIRAl.FGin ':WEUSPAAG08AS1!.-M59: . -100,00: ·.· C~ef:k. .: . 31./20Hl . EFT .. : ·..J!M:tf~ Msiln.··· ·Comm~Jt~on.. . . · · Al' Blo~!l,e-TRAD IRA PLI !-\0 · .. .WELLS FARGO BASE- 345~ : -rooo. Cbe-c.k :: 31412010 · .. EFT Jwtlr;; Marti!'! . · ·Comm~.: P.P ~alaiaii;B-Tf'l.6.0 IAAAGL 1~Q · --~~ ~Aft~O ~E-&4::1~ : .o.oo : TCltal .M.Hn ~!r:Hn : : .. : Kotiu.~ J.Hons!.y : .· ," .'. Che.ck 10rl31200S . 2500 :_-Ka:tiiiMnJ, Hrimlftll: WI!U.SFAAGOEiASoA4st··: ·..iPLIT;, :: . .. ...... ChKk · . :.Che-ck. 1OI23I200!l :: 10f231200S ·. 2500 . 2500 · Ko!IJ•""'• J. Honoloy· · Kdli!IIM::n J. He~nole.y· .·. ·.. : . : .CII...i: Chri.iOpi,O..H..Mioy-.IAA·· : : :rOlOI 1 l\in0unt:.i7,roo..5o · .. PI'He:M.III'f,C-IRA HU !!.14 ·.· ·.. · .AP ~"""oy,C-!RJ\,o.Gl 73L ' Y\EL...L$!"'AAGO 'Mlls FAAGO BAS~- f459 eASE.~_8459 . · Check· 101'2312Q-Dii : :2500 · ::."KattlaJ.Hrl J. 'Hentley· · · · · . .Uceme~: KaUla.JM't! J. Henaley(16.1ttJ%):. Al' Hon~ey.C-!RJ\AXJ\ 104 · WELLSFAAGO AASE- US~ . Oh&ell: · : · 10J'Z3/2(l09_: 2~ · .· ·:: Kathli!nll J. HBnS!ay.' ·' . .f:i~l"tm''luion: · ·· AP Hensl.-y1c.IRA/4Jl.A 1413 · · WEL.!.S FAAGO BASB.-_ftt!ig·., .. Clli!te;:k 10J23.121:l0i . · 2500 . · ·.· Katha.J.eti~ J. Honaley.' . '. . Al'H..,Ioy,C-IRJ\l.Nl740. ..·:. I'IEUSFAAG08ASE•B45S·.: .. Clutc:.k. · · '10I'n'2'Q0a· · 2SOO .: _.:: KaU-Iah!et\J. Hent~ey.' : . AP Hon~oy,C4AA IN~ 201 ..', ..WELLS FMGO BASI;-·"'~ .. · : Check . ·· ···.10!2312-llDil'·: 2:500 ·:·'.:: Kdi"IMnJ •. thmaley.:: AP Hon~ey,C-IRA ~I 8~2 . WEUS FARGO EIASE: ·w;s .. Ch~IC 101'2~09 . . 2500 Keth~let~nJ. Hentlo~JY\ AP Honaloy,C-IRA LNL 7112 WEUS FARGO BASE- U59. . _-.Che-ek 1QJ23!2-ClO;··: : :i!601J · · _._.. KIUille-enJ. Hensley AP ~ ... loy,C-IRA \.fG 5o8 · · WEUS FARGO BASE' .1).159 .. ·Check .. · .. ·.1.Qf23!2-0-09. · : 2500 ·· ·· ~&J~J,_Heri!ley AP Hnloy,C-IRA lNG 0!18 · • • • weus FARGO BASE- :uso: · A~ !~:~~1-~!~J. HenRiy IWi:n.tti J.:Fn.Doo:. . ·· · · · · · ·, · · · ChMII. . · 1CJ1~WC-OS:. · 23-:23:. :. Kerineth J. Fnnoo· ·Qo""•'(II701-304)Co..n .. lon· weiJ:sFARGO....;.E-8459 :· : -3Plfr; :. .. ... : .:·: : 5,000.00 .s,iloO.oo. Che-ck . · 10(1512009: :i!323 .... Kenneth J. Fr..·n:041· D!I~H~tltll $ 1\rno'..rn; SO,ClOC,OO · . MJ Glatdnltf. H AGl ?3L:: \'YEllS FARGO BASE- 8459 500.00 c-.1,000.00 . ."Chkk · 10f16J200s. :i!J23 · Kennoelt. J. Frmoo . U~mu;•; 'I(.U..,~·J, r01nco (10,00%) ~ Gardnar, HAXA.S0-4- IJYEU..S FARGO BASE~-a45i· . 500.00 -J,SOOJXl ·· . .ChWc : : . 1Df16J20o;. 2323 Ke"~neltJ J. Fnnoo GardQer. (871!:1-304) Cc;Jmrni:R~CK1. . P.P GiLrdn:Of, H !JYJ.1-46· · : ~S FARGO BASE:-.8459. :l{l-0.00 . -~,OilC.IJO ·: . . . ·Check · 10f16J20ai: 2223 · :· Ktl'lntrth J. Ft.incc Gardner (t7li'1-JG4.) Comrni:M+oo /J.P Gl11rdnc, H LNL 7"'0 .' ·.. WELLS FARGO BASE ··MS9 5QQ,OO . '~.Si>Q.Dp . · ·Check 10116r.I009 2~23 . K""n•lh ~.Franco .... Gerdner (6181~304) CGmii"'ia[IJ'n APGMdner, H lNG 2D1 f./IIEl.J..SFARGO BASE"' 845.9: ::50:0.00. ·-200000 :· -~ck 10ft6J2C09: : ·2'323: ··· ·KI!IIi!'l11thJ.fnu1oe-.. · GHidnef(671!i1-aM)Ca_m~o.l'l ... , , , , I>IJGardn.er1 HANt8:52 ~FAAG06ASI!!~M5a- SM.OQ_ -1:500:ao .."CI'Ietk 101161.2-flOO·.: . 2323 lI) Commloo!"' ........ : · : AP Gartlnor, H LN!.. 78Z.. WELLS FARGO BASE; ~g 5~0JKI :,1,000.00 :. :Chftclt : 1Ci1e:/.21l'OO ·· -2323 , Kti'li'IMhJ. Fl'liinco Gardner{678-1-3-M)Com~oo ·· :~G&r-dnef1 HLFG.566.. Vo.'ELLSFARGOBASE,845S ·: :· . . ·.· 5'()0,00. -500.00 ·o~ · 10/16.12009 .. · 2323. ... :iyJ.11tniwi Tota1Sivnounl!l!6,000.00 .' Martln:,JameaA.(6781--Sa.S.}~ml"'''lftliont : Al'TI!mua,SU!l i71: · APTI1mus.SPLil'IO· . 'li£LLSFARGOBASE-a.45'9·· WB.l.s FARGO BASe ~845S WEUSfMGOBASe'M•• . ..SPlJT-:. ·.· ":···:···:· :·· ... .::m:: ...... l,3'i3,~·' ... ." ... jO,OOO.ilo .-8)00.00 : ,-1,300.00 :· . 0.00 . : ·;lo,lioo.oo : ·Checlt · · 1n1201f> EFT .. ·· ·Kenn'lthJ;FrMca. Commlu!cri -· -: APManfn.JUI-!199' .: . vva.lJ!l;FAR.GOtiASii~M!I'il . ·-e 6&5.86 : ... Check:: 1n12010 .: EFT·· ·: · KMn111fl: J, :!i'r•r'lio~,Do!lno Merio-Tro~dOnoiiRA(67&!·670) Conmi!'~On ... : ::WEill! FARGO !!ASS-.~69 :· ·: ..-;SPLil,:' . : ~,200.00: .. : .•z,ro:l.~o .. 415  : 10;.0AM RETIRE~E~t VALU~; LLC ~ KPKF B~ok~ .. .l!lm/U. .Payment& tci Licensee Defendants:· ·:A"~E~:l!.: March 2~ tllrough March 2Q1U :TYPt: _- ·· -D~- -Num :N~: .. Cllo-4931 · :Kftll0efhP.P•'IIcolu: Clioot: IMllte.FotrilyT.U.t(6761-976) . :AP!Mllte FomlyTru>il.fG ~1 1 ... · :·•t.~B.LS FARGO BASE-U5!l : ~Bcl::: .. 3125a:010 4937 . . K-i!l1ri- P. P..a:fetolu.: .. ·rataJJAmaunt:422,m.oo· · ·· . ·AP\1\tllta Fr;mllyTruu/I;AA.091· · · .,;p W>lte FotrilyTruoiJHL :!8> . · ··WELLS FARGO BASE ~MSB ·:.WELLS FARGO BASE • ...,;o ··ctutclc-= · 31251201Q- ··.·· 4937'·· Kenn~P.Peltfooln · U~•e: Karll'llllth P'. Ptttl~ (10.00%) : ··-Chtclt·-. 3i2517U10 .. ··4937. :K'!IntiathP.PI!Ittl.cO!n. Ccmm~oo · ·· ·· :fJJJ IM"!ite F111~ly TMt AVL 180 . . ·.·WELLS FARGO BMC --5:400 · Cfloo~.. 31251.201Q- .. 4937 .... K1:nnath P. Petticbl~l :.. ·APWl!te FllmllyTnnt PU 1-40· · · ·'IIIEI....LS FARGO BASE ~.&459 Ch~. ~1~ .. --~93? .... ~M!~c!:f:l~.-~~~~- AP\1\!llto FoinllyTniolJHL 033 'MUS FARGO SASE.·Usg TIJ~ Kentld1 P. Petth::d.-.1 -~p:li~~ . ··2,!>32.79 CIJO<>k... 1121ll010 EFf. ..1<1~ H•rtman Robirwon,O. Lyn.ROTH IRA (076!-H•"""'" · CommRIOii" ·. . ·Com"""""'· . Cornrn:!H!Cifl. Commlosloo . . . : "AP Kettl-e,""·TAAO IRA..AXA 914:: ·:· WELLS FARGO BASE.:5459· · · AP KOlllo,M·TlWliiiA MMI 02L ·. ::. WS.l.$ FARGO BASE -8450: . : APKatti&,M-TRADIRAPU g;qg ··.. ' · 'AP KOlll•,r.I·TlWli(IA GLG 08~:, . WELLS FARGO fMSE.:...US9. .c· .. WELLS FARGO tiASE -&15~· . I r:.oo.oo· · 1:500.00: . 1,!500.00: ·1,50C.QO .. · · ·· ·· · .. · -10,!SOO.Cl0 :-9,000.00 : ..·7.500.00 . -6,000.00. : Commiulon : .,;p KOllle,!.•FTRAD IRAAXA 0$1 ·...... WELLS FARG<.HWll: • 34S9.. · 1,500.00 .. -MOO.OO :Cll............... 112812010. EfT lHo11man ·.comml:a8lM .. . .. ·: J.PQ:~e'!,Lp;;t.AOW: ... ·.·.·.·.··.::.:wa.t.SFARGOBASE:.._a.t-5&: 1,7\oUG: . ,j0,205.7~:: Ch11~ :: · _ 214/i.'OlO -· · EfT : Kl"!I'H•nman -Chl'lclt · · · · ·:v412010.. err ·: · · l0 ....... ' ... • ... WELLS FARGO E!ASE·,~g· 1,714.29 .. ' o:oo : . . . · _Check Zi4fl010· EFT Kl'fl' Hantnan · ~ !i,OOD.OO -~~.000.00 .. -··=child!. 2.1412010· I::FT· ·· lBe" ·. Reblm;on,C L~ & Dean (fJ781...S:).4C) Commi!A-1~ ·. . N' Roblnao'n, C&O I1:I.A. 091 . . ...... Vi.E.U.S FARGO BASE.:.·8-4ti9 .. .. 1,666.67. ,5,000.01 .· Chtcl< ,· 2:1412010 .... cEFf ... :·IH....,.n... -U33..... ··Ch... 21412010 EFf · . KlpHartnion · :: Robll1!iGI1:,C Lyn & Oi:;an (67B1..ti::I4C) CommiHIPO!n ·.. . /1-P Robl:rmn, C&O U:G ~S.3 ·: ... ··: ... _._ . WELLS FARGO BASE.-.8459. · 1,866.~7: Cllod< ·21.a1l10 : · · · ·I!Ff · · · · lOil,O Lyn & Dean (6781-63o!C) Cotlon .· ·. · AP Rolllriaon, C&D AGL 130 · ... ·. ·.V<~;LLS .~ARG9 81\S~, ~59 . i ,668.61· . Didion Trust(678f.747) Commllslono . · · · ·. v.at.SFARGO BAS~ ·1!<159· : • : • : • -SPUT· · . . . . . . -21,756.00 .. Chock 21181211!0·. EFf . ll.!>l . ··.Qhri 21"18120fO·: · · EFT. Kip t1arbn:!ln ·:comiolo~"': APDidlonTMIAGL 76L . WELLSFARGOBASE.,8459. 2,417.34 . · · Cllect ·. · ·. · ·. · · · · ·. "21'i8120! o · · · · E:FT : · · Kip Martrri:!ln Commlhitin. APOldonTrustPUS:!IO .WELLS FARGO BASE-8459- 2<417.34 . -12,0$$.70 . ·Ch~lt- ........... 2118J20i0. EFT: .. KlpHBI1rnan . . . CcmmiD!Ot'l P.PDidlon TMtGi..G Qft9 ··~s FARGO eASE:~.B-459 . ." ........... 2,417.34 . ~u-;«19.3$ .. ·Ch~ · ··2118.12010 ·· .EFT· KlpHtut.'tmn . :· .. Cominlotlan . APOidiOh TMIJ\XI\011 WS.LS FARGO BASE ·.8459. . 2,417.3ol .. ,7,252.02 ···Chook ·~1Di20iD: : .EFf.: : 1<1!>Ho11man .".: Com~Dn . . . AP Dl!lloo Trut;tLFG 1~ . . WELLS -FARGO eASE~.e.45Q_ 2, ... 17.3-4 .. '-1,834.613 Ch~!li. . .. V1B!ZOi0.:· .. EFT:··· KJpHartrnlln· ·c..,mla/on · APDIDbw>mo!o W8t9 . _WELLSFARGOBASE·Bo159. .. 500.~0 . . . :g::: ·:· OwJk: · :·: ct1eo~. .. Ch&ell:.. . 1213Dl200i :·EFT 12/3012008: .: . EFT 12130.12llOG. .··EFT : "l.lltOil."rd WT fio~ Leon•rd W. Fm:· Leon~rd W. Fox· -~mm!u.lon-"·· : COmm'U.I-on: .: Ccmrnl11$1Pn. :=~~~: AP Kow>ma!<>AXA,.7 ::=t:~=:=~==-: ·: · :weus FARGO eASE -..6459 :· .. 500.0D 500.00 . 500.00 •. c1:m:~ . -. . ...... 0.00 .. · Ctl~~ 12/3012009 ··EFT leQnard W. Fox .:~m~~- ...... . AP Kawomoto PLI HO: WEllS fARGO SASo.: ll-4S~ ·> . . . ... WW,S.fARGO BASo- i>l$11 :·: :. -$PLI1"-. ·.:·. ·: .. ::... . . " . ••oo-oo ' ·: -uoo.oo ·: . : Cll.otek.: . 2/1912010 . ·:.EFT . l!ionardW. Fox iatid.Ganrey & Pall!n.Jt(-6751·!So~) Comml~on 3,!100.00 . . g~:~: .:".: :.: . : ~~::~g ·:·:· ~- Check.· .: ·· ... :. ·211i1J2010: E!FT t::-:.:~:~: laonMdW.Fm: :· · :.comm!Mion : · :: Comm'11:91on ::Ca~isa!Dh · :;·i:::~:;t:;~~~=~ APTod> >~=~~:::r:)1ci!'J!n:T~on . . . _ :: ~;~~~~~am ~~ p./oRG() BAS~- 840~ 2,701.10". .· c.oa -z:i().QO: · - - •- 50.0D·· 250.0<1. -200.00. g~:;,_---·--···•··--1~= > ::: ~Ea:~-- ·· ras!t:~;.-:) ~=~-r.--,•.. =m~~:n:m:· . 50.00- . ~o.oo:. ·.· -150.00 .. · -100.00·: .. g~:r Cl"'le~ ··ctle-ok· :. · · · · H:og ffit ~=~::~ "1Cf1612009 :-"·.2310·· ·: ·Ufefoalll.lnit"lt:e-1 U.C·. :10f1MOOil.:·. Z3-1Q · ::··Ufe.ANu~nC>!!-,U.e: :. E~~JJ~lE:/E"'.il~ Cff"MingL.tnV.'t'Voflg· . . T~ISAtnWnt~30,000.00 _• ·• • ••· ·• CL~:i~!s~- ..s· . .. ··.:· ..... ··.·:APWQng,MIN:G201: : :.: .": .· .· WELLSFARDOBASE-3469 · ·· · .• · ·· ·· ··MlWCJf1g~M-AN~1152:.:· : . : ···: .WZLLSF.ARGOBASE~MIS~ . ;r~~~~g=~:m SO.OO .•. . ~-~D .. ··1ro.oo: · : 150.00: JDO.OO. '-80.00.: . ·o.oo·· -300.00 -!1>0.00 . Q,OQ .. . :·ct;;::;k . . ...... : 10128!2009 .. :: 2605 .. ." .. ure AMU~n~. llC . : . : :: · : · . · ·.:. ·· : .:·. :: .: :: : .: . · · ·:.;. ·: · · ·· :'lr\B.l.S FARGO BASE- ~5!; :· . : .SPliT-::· ·· ·.:. :· :· ·:: :· · · : &,4110.00. "".<11,40(1.00 :Chflck · ·. · · · · .: 101'ZBI'2009 . : 2605· .· .LJfe flB.au111M~ 1 U.C ·:. . . :. Cll!t1t: K&R.Sujj:lritoto Trust (6781:-3~).: · · · · · · · · .Jip K&R Sl.l~riwto trust Hll J;!.1-'l .wa.J.s FARGOBAS!a_-M5Qi . 5«1.00:. __ -'1,116(1.00 __ . ·.·chi~Klk .: : · · · : 10t2e/200iil · :·: 2605. ··:· ·Ufe· .Aaluranoo, U.C : · · -Tcll.l $ A.rnounl;6D,OOD,QO · . . · : : . . :Nl K&R SUgimoto Tn.iSI: L.NL 7G1: ·.: .·WEU.$ FARGO eASE~ ~59 • 5411.00- .·: -'1,3ZO.OO · .: C:tie-e:~ : : · ·· Hli2BI20C9. . .· 26:05: :· :· .:Ufe ~lltil·r1~. UC. .. U~fl: Uffl ~r;eJ~n Mortknflii {1,1'1)%). . . . . . . . . . AP K&R SUgimoto Trost AXA. 804 Vt'EUS FARGO BASE~ 8459 : S«<.co, . ·:..:!,780.00 .. "ot!e••~ m····•~~~-- ~~1:.. ~~E~:~, : 5«1.00: . .250.00 ·;=.oo·· . ·;1zMo·· n~:: 250.00 c.co. -2So.co· · ·-200.00·. Cho·uc · · ·· ·· ·· · · ·· · · · · · ~ .. ~-· -- 17 .504-7• : . : ••_IX!. :...:-:~~oun ~P.Ik! $111"211009 ·:.oh~tk." p·~~~-· . . . -:· :30S2 . . ·. . . · UgiUhO'oJ8t-Ctpll:aJPrese~an ··.·· : · WEU.SFNlGO BASE • Bol~" .-SPUT-.. . . . . . .. . . . . . . l,eOO.DO: -1,SIM!.DO:. . _111/ELL$ f~O BASE, 11-169 :. ~1,«0.00 ..Ch!ick:: ·· . · · l1112Q009 · · .·.·3062 ·:u~thaUHCaplti.t Prelierva110n: :· . . :: :CJi-enf: "thom..;~w. MciaLS FARGO BASe- .. !oll ._. 160.00- ._. . ··ChKII:·.· 11/12J2G~ :: ·.::WS2 . . '." . UV.tt"IOOI!Ie.CI!plbliPn!I~Mrvl!l"don.:· .APMoklnley,TLFG566 .... :!/I'EUSFAA~OBASE-Bol$9 160.00 . · :~o.o:e·· AP Mc:Klnley,T AGL~ ." · · · · · · · · · :VIn:.LL.S FARGO BASE -MSiil. 16Q.OQ ".-.320.00 .. : ChO ~,: FAR~ 0 B.IIS~. ~~-~~· . .......... 161lOO_ . ·: Chll"tk .. 1111:v2<109 ·:-: 3062 :·. · ::·~gt.ih~U$ti Capltel PteM.Jve.tioo.: . • 8,000.00 Ch~!'k. 12f.'L!20(19 . ·:· . ·.·EFT· . · .:.·LJuhthOOt• CG;!l'ltal Proi:lservstion·: . :t.t..nLiel,l. :Frlea (6181""78). : .-6,000.00 . ~=· ··~=:.:·:>::~~: :;·:::·:~::::·=~==~;·.:.: :.-· ··.:g:~=:!;. . . #J friM LU :&9~ : . . . . AP :Frle15·JPI 002 :. .. "Vw"EI....LS FARGO EIAaE ~ S.59' .:WEU$FAAGO BASE- 8-459- :. 600.00 l-600.00. . :!·:gg-: : --<)oo:oo Che-ck 1:v.1'20oJS· · . · EFT l..lgt;l;hou•e c:t.p!UU PreMrv~tlon:·· · · ·.· ·: ·:CommlaldDr1 : IV'F~O$LNL26A · ·· · · ·:··: ·:IMlli.SfARGOBIISE'BoiSO: . 600.00 Che-ek·· 121lr.iiD09: ·:.EFT.·· ::·Uifi1hciuse CapltuiPteu.ilrvatiDI].: · ····· ·.cQm{ljR;Iton APF~ .. AXABZ6 :. ·· ·· ·:. ·-WELLS>'AA!JO BASE-Bol59: 600.00 ··-J.,5IJO.OO .·· Ch~pk: . 12.r.v.;mafi1 · : ~FT .... : U¢Lthol.,lu Capib:ll Pre&e~rvation_::. :: :.Com!'I'Mq:IQn . PJl Fries. L.Nl 112: ::WEtJ..s FARGO B.4,SC- /SoW~· 600.00 ... -3,000.00 Chtck · 1213J2009 .·. ·:· EFT · ... ·:· Ught:hous., C:.l~tal Pl:$~rvll:thm·. . .. :. ·: CommiMion · .IV' F~ .. PLI SI!O: . WELLS FARGO BASE· ~9: 600.00 : -2.4110.00 Chii-Ck: 121JJ200EI· ·:EFT U(ltrttlousf! Cn.,,bd P:J:e~.rv!1~~.:: ·>· .-.:C~m~llloO·: · AP F~ ..-JI'I103 . . ::WEU.S F~O-BA9E • Bol59 600.00 .. · -1 .eoo._oo · 417 ."-:t. ..  .. . . . . . . . ..... ·:·1D:40AM: RETIREME""TVALUE, i..l.c ~ KPKF Books ·:gmJin.. ··PaymentS to Licensee Defendants Marell.2009throuoh March 2010. tyj,o: !lid.. NUm :Namo: ,.,..... o.bit· . Ctod~ ·a..~~-· ---:- Check 1213Ji0011o: .. :err:' . : .. ~lh~:capitll Prwi.a"'aLHOJl.. ::. Com minion AP Frioo AGL 062 WELLS FARGO liME· 8-459 .. Blio.OO. .· ·1,200.00. "ChKk. . 121312009 .... :EFT ...·. UghU1-DUU Cillpttal Pre~rvi.tl~ · Camnilasioo · AP Fri ... ·LBL 711.. WELLS FARGO BASE' M59 C. ..60ooo· .roa.oo: Chtlck. .· 1::vJ121Xli·. i;!r1' · · ~th~e Capital Pn!Hrntion .·. :.eomrnliHioo.·· . . . . . . . . . . . AP Ftlotullo M. c... nlo-IRA(S7a1-451) ·. . . WELLS FARGO BASE- S.Si· .SPLIT· . . 1~,000.00 ;12,000.00: APG~nla,S-IAAUJ 89D · . W!!U.S:FAFC.GO BASE."·&459 "1,200.00" ....... . . -1G,BOO.OO . :Chiffill: ·. . .1214120Qi_ ·· ..· .:I;FT.. . u~~:Cspltal Pr-~.-:or~ot!on · .. · Client: Bonnie M. Catani.111-IAA (8181--4!U)· · ·Ch-eck · · · 12/4f.ZO(IiJ- · · Ul' UgJ1.1tl~e Capital Pranrtatlon :.. ·· t%EiicrowFca. ·....... : ... : · W1" C.U.ni11,8-IRA.LNL 7~ . . . ·.·'WELLS fARGO BASE~ 8469 1,200.00 ·.uoo.oo :Ciroclr : ... ·12141200~· .... EFJ"·c ·: CUgl1lt11Mo Capitol""'"'""~"" c.: aotullo M. Colonlo-IRA(S7&1-451) : AP c.tooto,B-IRA LNL 26A · · · Wf;Ll9 fAA.GO BASS· e-15!1 1.200.0~ ·.:. . . -1,400.00 . -Chack : : 12J.U200i: ... EFT": ... Ughtfi"oo:sBCa"pthll PniHrY&UOO . :. aotullo M. C.lll.nlo·IAA\67~1-451) .. ·: APOolonlo,B-IRP, JPI ()62: • ··WELLS FARGO BASE· S.5ll 1,200.00 .. -7,200.00 C!l.&Ok ·. . .12J412(10!1.. ." ... ."EFT." .. : ·. Ugli.thoose Capital Preaero~ntloo .: .: ·II<>Mio Me C.lanlo.tRA(67B1-451) · · AP Coillnla,B-IRA LNL 702 WI'LLS FARGO BASE· S.59 1,200.00 .. ~.000.00 ::Cirm ·· CkKk .. : 1214/iOOt:·.... !!FT.. · 1:%/.t.r.l. .· 1,200.00 1,200.00 . -4,600.00 . -3,600.00 : . .. Ch&ek·: 12/41200!1;. .- : .. :EfT ..... UghrhavsaCo~pltaiPrcHI.t"ValiOO. :: Booolo M. Colanlo.IRA.(S7.1-451) .. APCII"b:ltlla,B-IRA.AG"LOB2 ·.. · \1\EUS FARGO 9ASE~&45i 1,200.00 .,-2.-.00 ::Chttek.:. ·: 12J4J200~.. :.·:SFT . . : Ug:hthCUMCapi~IPrtM.rvrdlon · · Botmle M. CaWd••RA.(8781-461) APColOoiO,e.IRA LBl 711 ......... WELLS FARGO BASE.· S.59 1,200.00 . ·1.200.00 ChKk. · 12141200!1: · Efl .. : . : Ughthol..me Captt.l Prftar'l'aliOO ·:. e.Mio M~ Oobolllo-IAA(S7a1-451) · . AP"'""oia,B-IRAPU 140 ... WELLS FARGO BASEcS.~i. 1,200.00 ... .. . .0.00 ··ChOo:k.. : 21111Z111~: ··.·eFT··:·. Ushltl,.,.oCapltol""' ..mllon : W.lkor, lllion Tlo~ IRA(H81.&a7) Com'"luloo" ·.: · · WELlS FARGO BAS£' e.!SB . : · cc·:c: · :··..SPLir- · 4~.00· . -4,200,00 ··Checll·: ; 2J11120Hl:" ... ::eFT:: .. ·ughthoU:ie"C;apltilPriNnrldori :·· . Ct~mmlcatc.n · APWJIIIlloo Caplbol """""ollon .: C'lminiRion· · APW&\\or,B-TRADIRALFG 183:.: :. :.:WELLS FAR(;Il BASE.•S.S~. . BOO .GO ·~.00 ·:.cnecll.:·. : 2.11112D1C"::. :EFT· ... : ·UghthruseCaplt!!IPrnernllon · Com~M AP Wo!OIIliRA(6781~70]Commlool,..:: · v.rm.LS ~ARGO BA.SE-MSEI ··· ··· ·.·. ···-SPL.rt·· , . (20b.i>a -4,200.00 :.. .": ChMk .": .: 21251201 Co. . . ... -EFT." . UghthOUM C.p~ Pn!il-e./"'\flldiQn . ': ' · · Cammhullon AP Ng,CI ·:WELLS FARGO BASE· e-169: · . ,:~~: 900.00 .. -1,200.00. . .. -600,00 . 0.00 Chool<·· :l/1112010·::. eFT·. CCCUghtflouooCoplloiPreeoNoiiCIlo,MR-TRAO IRAAXA336 :: ·:veJ.SfARGO BME,I!-459 -1,200.00 .. Chlfl1:.lk.. 3.11112010. :EFT .. : .. LJghthcUie~pl~l~&e~fltlon :· ·: Camrolpion ·APHolo,MR-TRAD IRALFG 117 :· . :WELLS fARGO BME•.M59 ~.IHIMO · ··:·.Chedl;.": 3.11112010:. :EFT. :.Ughthome~IPrea:.~~~rYI!Uon ... · ·: Commlllslorr·· N' >roilo,MI(.TRAD IRALF= .· ::: .·.• Maicolm I. Compl>olf .. . .. .. .. .. .. . ......... . > Check··· .......... 2.1251.2.010. =:~ :: -«tig, ~:::::::::g:;:::: . Makiolm I,"O~mpbel.. .· WELLS FARGO BASE· &159 . : .AP"Pft!r~Wl,M"AGLOSL APPmmen,M LFG 117. ·. . :.sPLIT-: :Wia.l..S FARGO IV'Sii- &459 · ·WELLS FARGO SASE· il-459 · :Ch.ck:. .. ::: 2t'Z512010... ::-4489 · Ma!QI)I~ I> o.~~~~ .. .NJ P!ttinM,M. LFG 248 ..V(ELLS FARGO .BASE ~·5459 ·:WELLSFARGO BME·-8-159 · Check 212Sf201 0 : 4468 · · : Maloolm I. C-!ii~l · · NJ PfttmM~M AXA ~- Check:: . . . . . . . : .".. 2l'25/201 Q :. 446a ... :. Malotxllm 1.· C1mpbel .. :AP Pl11mon.M AAA~1: :.WELLs 1'AAGO !lASE- H59 Choi:l<.. .. ·.usa.:: ·Molootmi.Cornp~><;n·. :U-!5/2~10. AP Pltlnwl,M LFG 163. ::WELlS FARGO BA$E-1!-159·. Chock: .· . msm1n .· ·:.usa .. : Moloolm I. Compbol: .API'!tlmon,MPLI140: :: VlEUS FARGO BASE u &459 . · .Ch~ .. · .. ·:. ·: . .... 2!25/2010 · .·-«alii ·: Mllklolm 1. C;ounpbel· "AP?ltll'!ii.n,MAGL130. .. :WELLS FARGO aASE·.a.~sg. ··· ·:. ~ntit ~~t~~loalm 1_. _c.am~ :: 4,MO.OO . ·~~I'Otry·· Choo<: . Check:: . . . ··10121.12009· .. tll/2112009 ·: :2429 .:. · 1M1!2009. :· 2429 .. · 2.29 '· ·:: :Mo~oPor, c Mo~o Polr)o. M~rt~ Pll!llr)t · ·WELLS FARGO ilASE'B45~ APfor,......,S.IRAt.!ET650 . . . . .'SPLIT·: ... ·:. :: ::WELLSfAAGO aASE·M59 ... "APFiligusoi1 1S-IAAAGL 73L .. :: :: ::W'ELLSFARGO BASE;::-.N59 : . . .· .11,931.49 ....... ·-11,J31.~9. :-10,rla.a<· · ·0,5<15.19 Check· ·. · · · · · ·. · 10J2tl200i · · · 242a · .·Marte Petry :AP for,......,S.IRAAXA 604. :· · < :WELLS FARGO !lASE .w;e ..!,352,1)4. Chedl:·· .. .. ·:. 1"0J2ifZ009 .... ::N29·:: ::MI!.rlePt~lr)l APFer~n,s-IAAAL3L&eL .. :._WEUSFARGOBASE~MS9 :.. ..·7,1.6-!.!9.. Check:· . 1012!12009 ·:: :2429. :· :· Mo~o Pol!y .AP ~~.s.IRA LNL 7o«!: . ::'hELLS FARGO BME·MM!·· -5,965.14 Cheek: ·. >10/2i.I2.C09-:":" :2429 ·: M!lrte Pe'!Jy : ·NJ Ol="l!l-gusD~ 1 :S.IAA ING201" . :WEllS FARGO BASE·I09. . -4,rn.59 Ch"'* 10121.12009 · 2429 :. Mo~t Pol!y ·. ·f'.P Fef;uson,S.!AAANI 0:5-2: ·: ·: · :\oVel:J.B FARGO .BASE:~.M59 ·3,579.« Chm: .. tQ/21/2009:: ;2429 :: .. Mo~oPotry · ·N:I Fef~,S.IAA OML.wl. ·..::. :·.. ::. ::'M!U.S FARGO BASE.--&459:· .. .Af' For..,...,S.IRA LFG 5'66..· .: · · ·.: ... :WELL$ FAAGO BASE- e-150: · . ~2 · .,·{9314: 3MI.A!s· Choel( 10121t.!Q09 .. 2429 . c ·. M•ri• Polr)o : .. ' o:oo Chock. 10/21/;1.009 .:: :.242!1 . . Morio Poo!ry .AP_FIIi!:fJI'O'n,S-lRA !NG ~:35 ·:: .::· :-:· ..::'h'EllS FARGO BASE~ -H59 .T~lM:ar11"::PI'IIrJ: 0.00. 418  . . . . . . . . . -·.-.: ·.-.: . . . . . . . . ,·· .. ,··: ......... ·- . ... .. . . ·. :'·1ili~llr.f· •RETIREM ENTVALU g, LLC • ~PKF Eiooks ·· IWll/11. · P~ymeil~ to ~~~~n~tie O~fe11dants ·-:::;·A:~~-,~~: •. Man:h zoos th.niugh Man:~ 20u1_ ' ··:r:iPe:· .:c~: :. ~: ·N.!:&m-: MarM ........ A~trl .:~~·· ~-c.· Ch~-: .. 8,1l.:t'l200lil' ... ·--1341 . Ct1~rt~IJ-~¥fd·ci~y .:: ·:· .. ~-RQ~(a7i$1-8SJ Cammlilioil· APROUAe8u O~L4-46 ::WELI.S~~~q _6As~.8459. · 1,D40.00 : IJ.tlO _:· Chm· : 8/1212009 .. :.1346 :.· .. chiui,.O.~dGooy Clorlc(8761~7)C.mrrlulon· WEU.SFARGOBI\SE-8450·. ':SPLIT-'··::·:.: .. :...: .. : .. ::·· . . . : ~.500.00. CMQ;~-.=:· W12fl00$1··:·:.·_·1~·::· :-:ChoriNOI.Ii'k!Gmy: 'CIItntShOIT)'$-i"CII!ril:·~--: APCiadtNG2.0l: . . ::WEUS-FMG0BASE--Mi:i9·:· 1,3.00.00 ·-5,200.00 Cheok_:,:: : ::. !/12/Z009 :::: . 1346. ::Char!U.OoNidG159·. ·. · 1,~00e00 ::::.:-3,900.00 Ch!Mllo:: ·- :- iJ.I12.12(109 .. : :· 1~ : ·_:_ Chi;Ttlll Otild Gr:ay ·:·. .. ·::.Ucen"e: Ch~ Da:tld Gt~. . AP Cl•rk:ANI 852 . _· :·.'v'VB-1-8 t'ARGO BASi:-.04~9 :. :. : 1~300.00: : ·2,600.00 Ch.m::._· !112!.2009·.:. :. 13« ·.. Chll.rfH~vktGray:···.. . ::c~m:{67.S1-87)Contmfnlon : . APCI:i.rk~N"G2.83 ·:WEU..Sr"AAGDBASE-~5R.: :· ....... :1.~00.00. : ·1,300.00 .. 1!112/ZOOi ."." ."."_1~ .: .:: Ch..Jn o..td G.r/ : · .. : Clmk(!f/!1.07) Cam~on :. ·. . . Cht~1:t~~i£::.:::: ~r::tr~~E- $9: ::iti:~:~g:~~::h~::: . .: :~::: ·. ·:_~·~·~: .... : ::-.~~:: ~; ......• >155 <~1~ > 5E5~~ 21~~:. :. Cho.... DoY1dGroy · .· . > ..•••.... :=ifi1~i~;S:t1l.OOI\) ·· ·· ·· ·' ·' ·· ..-:·tjolo(o7&H63)Comm1Aio~.. ~S:ECJE ·· < 3ttH~gg~i:E :·WELLS~AA.GOBJ\S~CIW!B.. . ~:E .. :··~o.oo.: ...... ··• . ·· 1~:~~ ·-2,<100.~0 .........·. .Cht> ~:lmt~l=::: · · · · · ··.··.·· · ··.·· ~~:~~m~ >~m:~~~g~t= · ,. :~:: ::::;:: g:: ···· ~~=~ ~!! g:::;:g::~;:<· . ·.· . ·. ·. · _ ...•._._.· .·_'_ ........... ~:::~:t~lg::::::: . . ·······•••·•• ~~:;:~;;::. .• ~~~~:~~:!:-··••••••• :~.:·· ~:~L <>~ ·.··.·· .... ChO ~:t ~=;;:;~~~;: >>>< . 2215.:: .. Charlo•O.~dGray:. ::.:: :·· .·.· ··::::·: ·:.::To1w1$AinoiJrrt:~,OOO.-OO:·: :· ·· :·.: >~;:,t;:.:OG~Z:~~IAI·~ <·· ·· ·· ·· ·· ~.:.:~U:~~";'ss : .......... A1'Groyhl!C ~rMGo~~-.:C5s : : > yM1Co!pLNL782·::: ._.._.,._:VI'I!I.l.SFARGOBI\S~-M59C . .: . . . . . 650.00 .. . ··.--1.,300.00.: . -Choole· ." ......... '1012m009 ·. 2662 ' ·:. Charlto O.vjd "!ray:. ·:c · .... ·.• "." u ......aa: Charl,. David Gnoy(13%1 : 1\PHommatt,N-lR/\AXAB,. ,.. · · ."." :,·WEU.S FAAGO BASE·; 11459 .. ·. . . . ·: 6So.oo· :~,S!ill.OO : .. :.:~:: ·Ch"!cil: ·' ·::= .. :::: ::._:~~::~:.:.~.:···::::: :::·..:~:::g:::::::_.::. .··: · .. ·10J2~og ··. 2662·.· .. Charla• O.vkl Gray.:. ··cammia&Jotr · .... ::-:~~=~~:::r.tj::~i:.-::>·· .:>:·:~~::g::~~=~: _M'H~mm-:m.N-i~ lNG 20~ · ... . ..:.· . ·.·INELLS FARGO BASE- &469 :. . . . . ·: · ·: :- .... :·<~ ::~:~:r: . 65G.CO :.:::~:=:::: · · ·-2,600.00 ·.: •-· . :Ch11cll: ...... ""1.0/2Mil0il· :z682 ... :. Cha~a Oavid may:·. .. .AP Hamm'lil1,N-lRAAN! e52 :-" <=· .·: !IS..lS FARGO BAS~.~ M59.. ::·. ::· : ~o.oo·.. :~1,150.00.-: .. :ChO ~ · ~~:=i~: >t2117QC09 :·.:·. 374-8:. .":· .·ctiQQ. OQvtdGray: :l2117IZOPS :: 3746 . . . CHarteoO.vldGr>t .· 1.211712009- :·· ·3748·· ·· ·Ch~aDG.Y!dGI'Gy:· · .·. •· .·•·.·•·-· · · .· ·. •··• ·• • · • • ·• ·• .• · ~&-;:~:fu~:v · c;:JII'int 81"- O:.bor:n ~v. tNfnG.Tn.ad lB181.-51~) . .". Ta1al$amouo!$22C,OOO LIC41n:.;eciCh.a~eti.DW!dG.r.y(13~)· .. . : : .. ·... :APE~ TroldAXA 1!28 ..: ···· ..-: . '·AP~Ool>aml"N~I-U8Q$. · ·· ·· ·· .: ·· ·· ·:·PPEa.t.omTrod._l.HL111D. ·· .:: .: ~~;~~~~:~ -:_ WE;LLS FARGO l!l.ii.SE ~ 54.59 :· WEU.SFARGOBAS~'0409. 11/alS~~GOBAS!E~IM!S!:I : : : · ..··• ::~.. · ·: 2,380.00· .· 2,46C.OO-•·. ·2,86C.CO.:· .. .:~:~~ .. ... : -2.!,741:1.~ . .. : . .. -22,1160.00.:. -20,020.00- 5 .. 1~1~~5 j~f ~~1~~i!~ Choole'· .: .: ·· ·' ··1211712009 ·37MJ · ·CMrto•~•vldG..,... C.mm~ooa ·· ·· ·· ·· ~~~!~~~'i APEo.bomTruslJPI163· i~~~~~ijE~~ > ··.WELLSFARGOBASE·114~9·.. i:~:E 2,800.00 .·· . ::u:$:m :. : .• S,r.!O,bD .• ·:Chock .. ·:. :, . , :,. .. \211712llW <·: 3746 ·,: ·:·clian.o O.vld Gray' .. : .. . . . . . . .. . . . . . . . .. .. .. . . . ........ : .. 1\P E o.btlm Tnlot ANI521·· .. :. ·:, :.:,,· WELLSFAAGO BASEc11469.,. 2,860.00: .. ·:.-2,li60.00: · ·~· ·:· · · · · · ·~ ~· · ~· · · ~ ~· · · · · · · · · · · · · · · · · · · ~ ~:~;:·.·. . . • .• .• •. !.lii"···;·i··ljijiii• ················ii.······ · ·,.~· ... ····§ ·:·ch8Ck·: ...... ··.··12.1301'2009:·. :·: :J9Q2··: · ·.·ctillrltn:O&VidGI't)' .. ::Chod<.,. . ··.".12/l012009::·. ~li'02 ··. '·CharleoO.~~Gray·: _..".N:JG0HeH1rtRA:AGL·De2 ·:· . :.APGoMoHI\-IAAANI521 . .. ·WEU.SFARGIOBAS'E.~e-4!59: :· :waLSFARGOB,P,f;E-&159: .1.0.0.00.:. . _.1.-.00.· -2,030.M: •1,00l.OO:. g:: im~~ ~ : g:::g:~~~- . : Cllod<: ·:· :. ····: · 211112010 ·: ·:· 4376. :· .. ChmeoO,Ovld{>l>}'_.::. " •:lhoGr-.yMI.Co'l'Oro:tlon •• .· .. ·• . •.• .: : : .. .: • : • PSP($781~} . ~~;.!'t.;~~E1~~5~ · APG!ayAniCofll PSPW 899 ~~~~,~BASE-~59 ·I.IT- ._. . . · .• · • • : . : 3,0oo:Oo•. . ol,OOO.OO .. Che-eic.: >912312008 .·::.·liH2 · :_ctemOOtNQ :· ..... :.·: Cl~~~~ume~nKn· AP Kee-NET&50.. . . . ."VYEIJ.S !="ARGO BASe- ~9 · 3oo,oo· · -2,700.110·. · ·. ··:: Ctlt~¢11: .: .:· : £!/2312009". ' . ·.·1542 .: .: Ole:me:ntNg .·· ····.Tu~l$~nt:2.5,DOO:CD·· IV' K~ AGL 1ll . W!;I.LS FARGO BASe -1145~. 30~.00 : -2,400.00 '·Chaol<"' · · 9/2J/2009': .. ·:1&12 . :: Clomen!Ng' · ,,. :::.:.:::: . UoeoU;:clomentNg(12.00%} · AP KooiW\1104 WEL.LSFARGOB/\SE-&169.. 300,00. . -~.100.00.·. ··:a.ad:·· : lilf2312CD9 .· ··lM2··: ··OiementNg·: · ·· ·· ··K.,effi1DHSS)Comm~Qlon · APKI!tl'MAMeso· :WEl.LSFARGOBAS~,845ll: ·· ··. :: ... 300.00: ·· ·· :· :·-1,BCO,OO·. .~::::. · cne0i. · ": :=:·.:: :·:j~.:: ::·~:=~: 91231200~·:· : 1U..2 -:: ClerilentNg ;::::-~-:.-:-;·-:--:--;::.;-:~::i::ti:l~~:::=~:-:: ·: . ..... .- .... : ..·:.Kat(G781-l99J Cotnml$!i.!oo /JSlKnLNLJ-40. ... . APK.. ING201 ·IIPK.. LNL 782 .. ·: . WEllS FARGO BI\SE;B459 . ·'.WEllS FARGO BASE'M59 . ,.. .·:WEU.sFARGOBASec·MM. ·.: ... ."30~.00. · 300.00 · 300.00: · ·· · · -1,500.00' . -1,200.00. ' .. . ::.,soo,OO · ·: . Cht~e!o!:: . .:. Ctiedl-.. ··. Ch&e~k .9/23120Cr~·:: · 9r'2312009 : ·91'231200-a-.·.· : 1841 ·· :. Cllm~ntNg.. 11M2 : .". ·c;e~Tti!lnt Ng · : 11!42.·: ·: ClementNg: · . · .. · .. ·:. ~ .. ·:·.K~ (fi781-i99J Comin1Uio·.1.·." ..-.. ·:: .-:· ... ." . .-:· ... ." .Kae {ti7S1-i 99) COWH!'IISllon .·. ·.::.-::·::·::.-.-.· .. KM1.(6?i!J1.-i~l.C.~mml:alon · . AP Ke-e AN!=I!I52 · ... ... PJl Keoe. L.FG 56&." . AP Ku lNG 036. · · V\'I!WI FAAGO BI\Sl! c8459 .-.~~=g.=~:.~ ............... . . . . . .. ·. 30MO·.:. :~~~::> :>GOO.D> ,. . :.: .: ..... :..": ..~:~ : - · ·. T~~ ~Iemen I ~g 3,000.00. ..• 0.00 ... :pag~~~ 419  ::.1o,.roAM RETIREMENT VALUE; LLC " KPKF Books :: om:~~;,: Payment{$~· Llc~nsee Deferidanqs-• -- . ··Ac:!!::"Nai ~~·. March 200iltllrGUgh Min:h 201 D . Typo . -~: Nutn .. .Ao:aunt .Oobll Morl.SE -8411. 800..00 . 0.00 ·wou.s FAAGO BASE-8459 ~~=L ~~~ ~:~~:=: ··-chee:k: --~P\JT' . . .. . . . . ... ~.000.00 :. ~000.00. Check· ·cnent - l i L Nomwi-IRA (61a1·lMJ : - . APH0111lln,MRAHU11~: :WEI.LSFARGOBASE-8459 :· ·· ·· ·· ·· ·· ·1,QW.OO.·.: · -6,000,00 _: CheStrith · "AP Hormon,A-IRAl.FG!Jt$: ::WELl.SFARGOBASE·845o.-- ........... 1,000.00 ,1,000.00 . Chei. (0:71HVn ·AP Smllh B SLA J'ICI · : · · · · :: · : · · WELl.S FARGO. IW>E '845~ 50.00 -250.00 ·:Chock: 11712010 3ll75 .. ·.: "'""' J. Slrilh Tolol$omoum~,ooo· .. · ... . AP Sll'l!h:B l.FG 00~ . . . : WElLS FARGO BASE-· 845i . · · · · · · · · · · _-: · · -$0,00 · : ·200,00 . ·. Ch>ok" 1171201(l·.. 3975 · · ··· Mali: J. Smith· U-::eMel!l: St!:lpt,~ Hom (HI%) . -AP Smllh,B MMI m ." .. :. :. :-· .".WEllS FARGO BASE -845i 50.00 .· : ·150.0<1 ·· .. Ch>ok· 1f7J201Srnth ·.. 2125a01D ·:.·:. +4$11;1 .· ::M11rk;J,Smlth. Ta11!1 $Amount: 2~,000.00 . u..,..o:S!ophon Hom(10.DO%) · · ·.·comrn:ia.sloo ··· · -z:=~::~~g~:~;&'!.~ .APArJnt!.trong,K-ROTH IRAAGl76L: ~~;±mJ:gg~~:::~: . WEU5FARG0~-14-5!S: :·: .so.o0·. · . . 50,00 .. . 50.00 • ·151>.00 -100.00 -60.00 . Chock: 2mi201D 4480 ... : MorJ;J.S~I!t ·AP ....,.,._g,I\.ROTH IRA GFG 09 · WELl.S FARGO BASE-8451 · : :50.00 .. ·: 0.00 :WEU.SFAAGO BASE· 945t .: ... ·.: .$PLIT' . . . . . . . . 75'it"13: :: ·7~9.13 ·ChOok . 3/1112tl10 4741 :.MarkJ.Smllh . "75.94 . .. Chtlck' . . 311112010.:: .. 4741 :: Mt!lfXJ."Sfrith :· .Cli-ent H~ TII"T1Q"Ihy Hlrlln- Tn.d IAA (6711-782) ·AP MaTklns,HT-mAt;l IRA l.FG.i111"· :: :: W'Cl...LS FARGO BAS·E-8459 ""-G$3.19 Chod<:·: 3/1 \J2(J1D 4741 · Mork J. Smllh -To1ai-S amounU.75t~1::a.~ . · "AP J1aT]dns,HT-'rRAD IRAU!ILS18 ·.' ·.· we...LS FARGO BASE -8459. · . 75.91 _: -107 21 ChOok 3/11!2il10 ·: ... 4741 .. r.lor' ·. Comn:Ht-loo• "APH.-,HT-TRAOIRAI\XAl:l!l. ·.:."WELLS FAA.SE·94511--·-• ·· -•-Sf'UT· ·: . . . .. : ~50.00 :-l~.o;; ··. Choci<:. 3/1812010 · · · · 41128 · · ·_- Motl< J. S~!h Cllont TOOl j, svooo i'ni~ IRA (6ia;:7o~J • :p.p SYillnts,TJ-TRAD IRA.AXA.038 ·:. ·:·.VYEUS FAAGO BASE~S4!59 : 60.00.:. . -300.00 ----- ·."Check. ·. 3/1812010 4e:l9 · ·. Mork J.-$~1!1 ·: 'ToiolhmoumU$,®.SE ··94511 · · · · · · · -9P\JT• · 2r.D.OO- .-250,00 312BJ'20l:D: 4949 ." .. ·:. UnrkJ, Smith·: . CIIOrit S1oVon F. i(oib-T,.dldonoiiRA{678M58) :N' Kolb.sto•on-TRAD IRALFG735·· .:; WELLS FARGO. BASE· iw;g : 50,00 ·200.00 .· Checl<. . . 50.00 . -150.00" .• Checl<- :31':2512010 . 4949 .. M11rk J, Slhlth ·T.:rll!1$ Amount: 25,000.00 PP Kclb,Btflvtm-TRAD IRAL.BL36l :.: .: : INEUS FARGO BASE -f45ril ··:. ·Check. :la:$12010 4B-40 ·: Mark J, Stfllth · . U~a: steph.n Hom"I10.Ca%) .. :AP IWib,Skl~t~TR.AD IRAAXA.-335:·. :. YYELLS.F~GO BASE -!'1'159 . 50.00 :" ·100.00 JQ5.1201D 494!:1 Ul!lirkJ, Smith.· .eomrm.ll~n ·· · · · ·· ·· ·N' i(oib,Sie'ion-TRAD IRA l.FG 311 Wl!l.LS FMGO BASe - 5469 . 50.00 : ·50.00. .. Checl< .. _:112~010 ~~ :.MoriP Buolilloo,M-TRAO IRA CU 8;9. :: Ml.LSFARGO IW>E ·MS9-. 1,853.87 :. ·10,684.47 . .Chad:.:: ::2J11f2010 ·· . EFT··.· M•rt11.11A; Lepera.:. .. .Commmlon .. AP su.tilli>$,1.\.TRAO IRALFG 248 .. ·. WEll.SFARGO BASE-M58... l 1S51.113 . : ,j4,8l0.<>1· ··c;,I!"Ck. ·2J11J2D1D .... EFT· ... ·Martl1aA.I.epere· · Commltalon : .I'S' lluOflii.,.,M-T~W; IRAAXA IH: . : 1MmSFARGO BASE, 8>459.. !,853.83: . · -12,srs.a1 . Cheek· ·Ch~ . ·Ch&e:~ ·211112010 -2.11112010 .211112010· ·. ·EFT"· .. "EFT·. EFT M:e.rttu1.~Lepflnl: MarUu:~A.l.Cip'S'!""O_: ·.MartiHIA.Lepn:: . ."."ConunliOion . .:·eo'"m~ts~ton·.: ·: Camrn~:aSion· · .• z::::::::t}~:~~;~~L ·./toP Bu;UNoi,M-TRA.D IRAGFG Cllil&.· ... > ::±~~~~g~~::!i: \NQ.l.S.f:=AR.GO B.A.sE..:.a459· 1,853.83 .· .. 1,1!.53.83 ... :. 1,&53.83 .. :.·11,122.98 :-9~9.15. . '7,41M2 _.. :en~ . ·:2!'1112010 EFT f.4artlliiA.~ere· · Cairim~lon·· ·:. I'S' lluOftR ..,M-TRAD IRAAXA 001·. ·_-· W!'i.LS FAAQO BASE,8458· :I 853&3·-· . :.,.556149 .· ·=et.ecii .:.211112010 CFr ·.M;~~rtlleA. u.~: .·· : C:o!rlmMion· · · N'Bwti~QII!.,M-TRAOIRAI.FG 183·· . .-·. Vtn,5i.LSFARGOBAsE.:.s.451). · t:ss3:BJ ·· · . ·-3.:707:66 :. ·: Chut.k ........ 2/f1l2:010 · · · EFf M1111rtf11'1 A. Le?"~n.: :.g:~:=:!: :. : AP EILiliilti~C.,M-TRAD IRA.PU 14Q ·.... APsu.tiii"",I.\.TAAl>IRAAGL1~-- wa..LS FARGO BASE...:s.c.oo· I,B5'1m. :..1,BSl,Bl . · o.oo · : .: ··.:·Che·a~. .· .... 2111@16 EFT _MIIrtfliiA..L&pere : .. : :"· WE!.l.SFAAG0BASE·8459· 1,553.83 ··Check ·:che(::jr; ~1G ··~S/ZllQ ·Eifl': EF1' MarlheA..Lep~-i! ..· . Mal:ltl•.A. L~mc · .... : Pnlcia.A. Shletey {&711-f.OQ) CQrnmi:Alone · ···Ccml<'l"l~on waJ..sfAAao EIJl.SE ...-845g· 1-P Stul>k~,P ' -SPUT·· . . '". l.Bl TI1. ." . . ..... ··.:.-.. waLS FARGO BASE~ 845-;1 : 759,H- :~'&:-~: · :·:eo~on .. : -2~71-.45= ... ·· Chi'Ktk · 2125JW1CI ·en M•rth• A. ~pere : P.Pstuc:key,PND·~~~~~rad1AA~~7s1-a.._~)~mmlalona: :~.-:~-~~;~~~~~1~~ 35::~:: ::::=·~·~·~·c,··~:·~·~;~-:: · HJ~.~: :-~1~.04:: · . 04.96 : '~7Jil! .. ·:· Check._ . 312512010 · · ··EFT· .. ·.: Mich.fl.el" t..!eO&rmOtt... . Cotnm!Q,Ofl· .. : · /JP Pilllllfl,tl-TRAD iAA1Jt.Atl$ :.:::.. ;·:. :: waLS FAR;GO 15AS-e;-·S09 · · !ti);Q1 . 1;40.01" .: Chl>.TRAD11'!1\LFGl11 ."."."."."WEU.SFARGOBASE,-345~·:. 10~.01: .. 7<13.DS :· Chack· 3.12!5.12010 El'"i· .. ::~ch~~~~··.. ·· ·· ··.:.Commb31on: APPullen,D-lRAO"IRAPU1-40 · ··. ··. ·Yfi.l.SFARGOBASE!~e.t-!59:.·· 103.01. 846.9& . .". C!Jook: . 3/25/lDIO --EFT-· .. : Mlollaol Mo0ermo1! ·· . .· ~mmloolon · .. . .. .. . . :: AI' l'lillen,IHAAD lRAJHL63l· .... wa.L.S FARGO BASE •8459 .... ·...... : .. { .10~.01 Q!iO.OO · :· Chook: :. 312512010. EFT .. :'. Mlohotl Mo0ermo1! · · .· Lo ... , Bovor!y D ~ IRAj678!-372A) Com-""'·- WELLS FARGO BASE -3459 ._:_ . : ::. ·.:·.aPLIT·-.. . . . . . . ":-461.-1.1 ~-~·.@!! ~········~~····· ~--""'-~~.,~~,--- ~Ji.. f~~,~~ . ·~ : -410.08_ .· . ---76.81-- ·:.;!85.~ i · &QT.n .=:: OilO.OO . 875.00 .. · 9110.00 . .• C~~~W!Itt.n~~009 .. ·Ch.r..ck.·..· ·:10/11'2009 Zl:lO 213(l MlctloetVWIIomS)il .· .• ••-• llodli0r(871i1-26o)Coniinlool0. Cbot:Mit:ll•~S.Bodnar ·.· ·· ·· ·· ~FAAGOBASE.-34W APBaQn'lr1NG:W1: .. ~- .:V'II'El.L$FARGOBASE-6459. i- . . . .. ·- __ .•• . ::i!,"C"QD.DO. s:~.oo .. .. .:S,ooa.oo .....OOO.OQ ·.· _ 5 _... _ _ lg:D ·•-• mt _ .• ~i:;E~:~== • \ ) · -· ·- •.•. ~~.::;~~~~i~1;~~!, ~.:If~~e-~• •· ~~~;~g~~::::t- . ---:~:g::: • •-••-• ~.D.a:o. :::~:~ 1 · · ~· • ·• • • · ·li• •· l· · ~ il~· ·•· · · · • • • • • · •· ·:·!t~!~ .. · · · · · · · · · · · ·~J~ -· · · · ·•·;~: I:• · ·•·•· · · · · · ! •. . . ·-· · · · · ·~·•· ·.. Check. __ :_Cho<:k_. : ... _10rl0fl00& · ·2394." Mlohoe1Wilhm$ylloltls>. .:10IZtlJ2008· .. 2~7-.._-_-_-MI· '>g:=:~lm~- · ·· ··:.Commluloo · : ~=i:f~'h~;;:·~ APHogon~M-!RAMMIC2~·-::. ·=~~gg~~:::;: ·· :-: ·WEllSFARGOEIASE·3450 .. > g:m 1,391.67· . ·~-oo ____ •••• ~:m > _ :-4,176.01.' :Che-ck .." ........ · .. 1/!-4t'l01b· .":'.""EFT··." . .".Mid'iae!W~Ur.rSytMtla· :·: :C1'11J1m~on: .:· APHogi.n;JM-!RAAXA729··.·.· . :.· ·.·.IM:L.l.SFARGOBASE·D-459·.· 1,:l91.61· ··: -2,7.S3.34: · Cl>""" ·. ·· ·· ·· ·"111<1/2010 EFr, :. ·:.Mkhooii\II!IOm Syl"'""--_- · .:eomm~olon : · 1\P Hogon~M--IAA lFG Ill :·" :.WB.J.S FARGO BASE -3459 . 1,391.57. : 0j.311.57: :.Choolr: ... 111-4®10 __ ·,·eFT:: ::_.Miohooll'\!~lt!n$ylloolbs".". --~mmlolli>n- . - . APHogan~M--IRAPl.lUO ·....... ·waLSFARGDSASE-845f. 1,39tsT . . .. :.0.00. ~: ~::::g .>.•• ~~- ~:::~~::::::~::::: . =~~nlpi78i-165)ConimlioJO ~~~~~~;;,;,;~-~~ < 7 M.OO. .. 3,000,00 ,· :~:m:: Check .· : 211112010·.:·. EFT. ··---Midilioll'l!ftiom$y1M:Io: >-_Cohlmlulon: APCl)l0.00 •750.00·· Oiled(;·· : 211112010 _-_-_-_EFT··· :·MJmo~'MUIImSylloltio.. ···eomiolul.:O: I'J'Cip,!00.00 ·1,400.00. -700.00 . .. Q,OQ .. Chook 312512010."." ·: 411M ": Mlohlo!Woodo: . · AP_~~~outt.~_Trl.l$tJ!"iL.633 · ·WEllS ~ARGO~.~~~ 701:Ul0 -: Toi.IMotiooiWOOdO. 3,6ct.edo:. · ·312512(110: :.uat· :· "Milklt!i Fe.r;ut~n lnveimiterita,.lno.... H' Bol,JOiepll LFG 7;, ·WELi..s FARGo BAS~·~ ~s .·· ·: n».oo ...00.00 · ·: Chack · · · "312512010 · .. ·4as1· · · Mlllo:le Ferp~ lmreal:mtnts.,.lnc.. H' Bou~.. epll LBL314 V>aLS FAAGO SAS6' 11459 . : 100.00 . 4100.00 .. . -th'lldl;. . :J,I25J201C: .· :.c.88t: · · "Mllkie Fl!lr;;uaan I~I:IF, 1n~<. · · H' Baii,Josoi>n LBL 361 . 1\B!.a FARGO SASE· 11459 1oo.oo·· ·-700.00 .. ·:: ctJ;Kk: .JI;;Il~10: · ·..U.81 . :-: · .M!lkln Fer~ lnv.atmen~:~t, Inc,:.: · P.P Blll,Joseph..f'.M335 v.aLII FAAGO BASE.· US9 : 100.00 -llOO.oo·: . . ·.·.Check·:·. . .... :312512010": :4-&81: .. :.~1!kle Fe~Qili~!JI:; l.11r:, ... · H' B;Ji,J"'oi>n LFG 117 .: \'oBl.8 FMGO BASE • 11459 . 100.00 .-500.00 . · Chedr; ·312612010 . .·m1 · · ·: Mll~e F~:~fli\lfoolrnr-utrnmts, ln~;~: .. . N' Boli,J.,..ph LFG U'l v.a.LS FAAGO BASE -11459 100.00 .. --400.00 .· ctJMt · .·.·312512010": .: . ·4-881: .·MIIIde Fer;uJ.«< ~~~·rn.;. ·.: . N' Bllli,Jawaph AXA091 .· WEUs~AR.GORASE'~IM5i . 100.00 ...3oo.oo:. .: Check:· · · · · · · ·· ·'312512010" · ·.·. "-4Nit·. : MUida Ferguson lmesbnMts, In~ .. H' Boli,Jimepl,.iWL 100 . WEU1;I FARGO BASE • 114!9 100.00 .-200.00 .. :· Ch~.:·.· . .·.·3f25fl01Cl- ·. . 4-&81· :·Mllldl!l Fer;:in.on lnveA"nanta< lm:~. H' ~~o~~,Joooi>n PU 1-411 ~PARGOBAsl!.;51i59 100.00 ·1DO.OG : Chcrd< · · · · · · · · · ·::vl&/2010: "-4881: .:Mllkila Filrgu...OO ll"lllfltnltintB,·Ino. ·.· PP ~ljJosepttJHl au . V>aLS FARGO BASE· U59 100.00 . . ·o.oo : ChM:k::·. ::31251201Q: ·.·:_-4690.. :MllkliiFergut.:tnln-.tment&,·Jnc.:.· . . WELLS FAAGO SASE· M~9. .SPLIT·· : 4,343.20 :· : -4.34~.20 .. Check·· .3/2~1C. · -'t96. :.Mntclt~ ~flfii.IUfJI~mt~~;,ln.:;.;·.:. ·.· CUent; D!snllf.RLimrtn s·mfth (6781·937) APSrrith,OlanalFG 117 · ::. WELlS FARGO BASE. 11459 ............ 886.64· -3,~7<.56 Ch-edc.·.· .· :::3f.!51201Cl. -::4896. :.. ·.M!Ikie FerpGn IIWC&bnantl1 Inc, .. · Totol $"""""* 27,14~.00 · ·" Srri1h~:ine I..FG z4B · . \'IELLSFAAGO SASE· 8-459 :·: .. .......... 868~ : -2,605.92• .·. Ch.e~<:::·. · · · · · · · ·: .3121!-1201Cl .. ··· ::4896. ::· :.MllldeFe~ I!Wfttm~, Inc.:·: .... UI (\6.0o ...,d Mll:o, lne: · Comm!to.loo . ,APCoockFottollyTru.t OML·;W> : 'MllS FAAGO BASE- u.lB :. . 500.00 . 0,00. =. '. . . :·.check: · ·. . >712712009 oondM!to,lnc. ···c~:~mmll!!~oo · APS11mrriartlnoLNL691 ..·. WEllS FARGO BASE"-84:59 2,000,00 ... . ~.000.00. ·· Chedl:·" . · · 713DI2D09 ·. · t2fl1 · .· Mi~b and Wl"ke,lnc. .. Commlal"on · AP S~martlha- TRA 281 · lfi!ELLS FARGO BASE:... 54:59 2,000.00. ·. . ..f;i,OOQ,OO · Cheo~<•: ~== < ;~ •.. ~~==~=::~~: : .. .:'.::.713012001· <•1282 Milk>o.ondM~:O.,Inc: ·:. CommiHion :. Commltllon ·.·c..m..- ' AI' Som""olln• lNG 21)1 · H' Sonimoitlno lNG . AP Sommartlno OML +46 . m · 'loELL9 FAAGO BASE- USB .: ·: :: ·\oWLLS FAAGO BASE·- !!ilia . WOLLS FAAGO BASE.' 11459 2,000.00 2,000.00" 2,000.00. •:t::: o.oo· ··::~:t:: ·: Ch ·ond MN!Iio, Ino. . :. stocld-IAA(678!.-14) Commloolon . APS!o ond Mlb [10.00%).: ·• ·• N'Ly0,0'JRAING20f: . N' LyomHRA ANI 852. · . . I'\IEU.S FARGO BASE·· 6459 ' APLyollii~RAl..i~jLDl2 .......... "lh'ELLSFAAGOBASE:-M69 :: 500.1». 500.0\!'. 500.00 -1,5011.00. . ·1,000,00. . -$1l0,00: ··check·· ......... ·:.1017!2009 ·:. · ·.2097. · Mlikl i!11"1d Mm:s,lnr::e ·:.L~oo•~RA(e7a1..:m)eom-:: . . WEU1;I FARGO BASE·- 6459 ·· . Check:· ·. -101712009 ... -2097. .MIIIul !nd Mllm, ·In~:~. :·: Lron>HRA(e781-203)Com- ,. . liP L.yone-!M LFG ~ . ·. ·. · ·. · \oWllS FARGO BAsE> 84158 ... ::w1uJo: . 0.1>0.. .. : ct.ecJt::·· .. 12131200g ·.: ..:.EfT :· M!~kl m1d MUm, Inc; · · :· .Atton11o & J•an Teonarllb!lc-(6781-'4-85) · WELLSFARGOBASJ;··M-59: :. :·:· ::. >:sPLrf·-:": .. ··.-: ·:··: ·:·: .:·: :5,3-75-,DO . -6;115.00. . "-: Ch~k : . · ·1:mt2009 · . ··EFT·· · MHke Md MII);S~ lnci ··co.rnll'l~lorl· ·· ·· · ·· ·· ·· · · · AP T.msrle~u. PU 680 WELLS FARGO BASE .. 8.4!511' .: \,075.00 .. : oc4,300.00.: ·:·Ch.,cll:·. ·· ··12/3.12009. : .. ·:.EFf'.. ::·."MUb-sndMli:O,IrcG.: ·. · Ccmmlnlarf · .. H'·TomooieioAXA~i7 WELlSFARGOBASE:-645~ .· .1,075.00. : .!l,225.00 . . 'Ch.Ok:: : 1;2/l/2009, :::.EfT.. Mlllca.ondMII:O.,IIIC: ·· Ccli'l'f'"!ttlorr · . H'ToM.riOioAGLOB2 WELlSFARGOBASe.-&45t .1,075.00 . -~.150.00 . . ."Ch~::. : 12!lf..ZQ051 ..EFT......Mlli(ltndMIIb,lno.: ··Ccriun~an AP.Toooarlelo LBL m· ·· ::: I'I'ELLS FARGO BASE·- 645& .. .1,075.00 . :-1,07~.01): .· Ch-eot:· .· 12f;IJ2009 · ··EFT · MHU and Mlllca, 1'11-c.. :.cQmm'-"fDfl.. AP T!llnnarte1o PU 140· · · · · · · · !MOU.S PARGO SASE·- 8-45"8: .: .~.Q7~.~ ·· .. o.c~: . ·. Chedl . : 121171200$1 ._.."."EFT ..... ·M~·Ju, and MU~ 11lo~ .· H~~.JQhnJ('i7B1~16}. V>al.SFAAGOBASE-t.i59: .::.::.:.-sPI.M'-• :..: .,. . :::.:.: .:.:. '1$7.5$ . ::cJ1ecl;.:. :: :: :: :: :: 12!~112001·: :EFT. ·: ~~~_andMib,J-,;c..·· ·· · Com.m:ul en· · · AP Hofte.ollw,J PI.I9&D . . . ::.:·WEllS FARGO BASE ~8459- ·:· · · 37 ..ro •151J,DO ·:_Clll'l~·. . : 1~HI'20QD:: ::EFT:· ::MIIksl'indMI~;llla•. : ComMiilllOn: · APH.oft&nla'W,JJP!27i X .:WEUSFARG08ASE .• 846g."· ... 37,~· . '112.50 ell~ ·.. 12J~712(l09 :. :. EFT.... Milk!. and Mi!UJ.Ino. ·: ·. CcotntnfulctT N'HohOdow~AXAnl: :WELlSFARGOBASE.·S459 . JUO ·. -7~.00 o~· .. · · "12117(2(l09 :: .. : EFT. . Milks and MU!cl, Inc... . Commialon: APHolbodow~JPI I; Inc. .=. ·: · Corrimi11loo· AP H - . J PLJ 140. WELlS FARGO BASEC8459 :: :·: :·: ::WELLS FAAGO BASE- 84~ : · · -$PLIT-: . . 37.50 · . 0.00 -IS3.97 Chol andM!I\.mo;. . : : . 101211!2009. .. .2620 ·· =···· .· .1012etl009. ·:. 2620 . . . 1~~=: .n=: ~~1· : 111'2r'20o;:·. •.. 2:751.· . 111212005.... 27~1· 111212005·. 2751 1112120Qi:.:. 1751 .· 1 1a/20ll~:. . 111212009. zm 275t: ·· HQI200:1l- ':·. 2151.". : HJ2120Q:a"-- :- 2.75, . Hit.f20(19·· .. 27:!5f.·:- n:1~~: ;:~·.· 423  ......... : ': : " ' .... : . . .. .. : ..... 10,MlAM RETIRENIEN1VALUE, l.LC • KPKF.Book:s . PaymEmt$ to License$ Defendant$ · :Marc:h 21109thrGugh ;March 2010 ·~- -~: Num:: -~-- ~~:- . Aooo..n: Balance.: : 312:51201-D . 41130 .. -'. R:imdl-~ N, Foremtlli. . cori;~!Ofl_ AP'Mik'IIJroA'lAAOIRAA'I!.m .WelisFAi1oowe"~a: ·-500.~0. : J/251.201 o · 4B3C .. ·. Randtt N< Fore~ AP'Mik'hlroNTRIID IMPU IMl... . W&U.S FI\RGO BASii.~Wi~ · u.oo· · 312:51201 D _ : _ . _.t-970 ... ·: R:mndd NT FmrMn v.au!FARGOBASE·&!Oi · · "lf'I.IT·· -!GOO oo·· 3125/lOJO 4S7D · Re:ndd N. For~IM'l- :: CHent:. -D~:Itld o:wttfT~d tAAc8781-.a64): AP L.oi•lor,OC.TRAD IAALFG 7~5 : WELLS FAAGO 11!\Sii.:- ~59 : •-isoo:oo -2,¢00.00. : 312512DtD . ot-970 .. Railditt N. Fii.erMn Tolal$a.maufrt~JD,OOD_, . : -APLiirl!er,DC-TRADIRALBL36l .· : .WEU..SFARGOBASE.>:J.VJG : 3125.120!0 ·. 4970 · Rand-1!1111 N. For~mm Ucenue: -~dall N. FClr~n (10'%}-: .. AP Uinll .. · WOU.SfARGOBASE-8459 552.U 1:~:~~·· :·:ct.m ·: 1211712009· ... EFT·:· ··RarJdl!llN.Fnrunzm&Au:ochrlea,UC ::. Cammlulon· .:APCIIm.Jih,c.IR:ALNL 7140 WEU.SFARGc'lt~A!iE-8459 552,85 : .-3317.10. CMok · :::. Chfrek.· . ·12f17121l09 :. :·::.EFT ..· 1211712001 ·.. · EFT. Rlnd11dlN. FDmTJ:an &.h.toel.-m•. UC ~nda11 t.l. fonm..n & P.uoQ-:tes, UC Commlaalcn · · Commlulon · APCimllh,c.IRA lNG 201C . APC11mrth~c-JAALNL. 7112 . . WELLS FAAGO BASE-11459 . WELI.SFAAGO BAS~·M!lo& 5:a2,11S 552,15 5"52:85·. j~:~ : -1,65M5. :: Childi:· : 1211712009 ·: ·. EFT : · :· :: R~:n~ll N. Ftxfm1:1111 & Auodfl"les, UC Commbalori. APCMUtil,c-.IRA Pl..l 9"30. ··WELLS FARGO BASE.- 84S9 Check· :.12ff712009: ... :..EfT." .. :._.Rm.ria11N.t="1Xem:ail&~.tn,LLC Cornmlulon· AP Comrth,c.IM LFG 5Ge . . WEil.S FARGO BASE - e-159 552.85 . ~1,105.70. ··CheCk;·:· :: ·12f17fX'Oi :· :..EFT. ·:. ·. .Ran-diiH N. FDI'&man &P-!aCia1H, LLc·.. . . . Col1llt1loalon. . PtPCa1l'\llt1,L-IRAL.NL26A . . . . VIS.l.S FARGO BASE.... 8458 ·. :1,122.41 :-10~101.67 . .:· Ch~::. : 12117!2001:i :· .. ·.·EFf".· ·.· ·A.:na~N.ftl)l:em:ari &AMod.w,, u.c·: ·:. ..·.... cammiuiQI"'. APCemrth,kiPALlU~:. ~S FARGOBASE..;M!it : ·1,122.43 ~.97i.«: .·.C:hed(. :·12117!2009 :·:·eFT·: ·:.·.·RandariN.Foreman&~me•,U~:·-:· .. cammlnloo .APCorMh,L·IML.IIL7Ml: WELLS FARGO ;IASii.·-IH59 · ·1,122.43 -7,M7.01· ··:: Ch~.:: ·:· 121171%009,. ·:·.EFT·.· Ran~rl N. Fooremari & ~ate.. LLC: · · :. : · :-· Comm!Aion · · . APCimJ!h,L-IMING201. · WELLSFARGOBASE-11459 · ·1,122 ... 3 : ·-e.734.66. ·:. Ch-t!ok·: ·:-_1:V1?12:Q09 ·:· . ··EFT··· Ram~aJI N. Foreman &Auodates; LLC: . · · · · · · CoinmiHiori · APC•mJth,L·IRAL.IIL 7112· WELLS FAAGO BA8E·-IH69 · 1,122.43· -6,512.16 ·. ·:.Chedt: : 1211Tncos·:.·:.err.. :.·:.Randa~N.FDI'"eman&As&od:atu,LLC: ·.. ·· ··.·.·commlselon· APComrth,L·IRAPU 930· 'WELLS FARGO BASE-8459 1,122.43 .-<~.~.72: ·: Chbdc:. .·f2r'17!2009:::.·.".EFT.".· .. ·::Raridri~N.FOO'!mao&M&odatu,LLC:·: .:· :·: ·.·CommlnJon· · . AP Comrth,L-IM LFG li6B WELLS FAAGO BASE- 8459 : 1,122.43: . .-3,361,29. .·::Chedc:: :··12f17J2009·:·.·.··EFT·: ·· ..Randa~N.Forem:!n&Ms®late!!:,l..LC: .. : .· :::: :·:comm~on: APCO>Mh,L4MAGLDB:l WELLS FMGOBASE-11459 . 1,122.43 . : -2,2«.86:. APComrth,l..IRAANI521: WEil.S FARGO BASE-8459 · 1,122.43 .... . ~1.12:1.~. .· ~S ... :Chide.: · · l~l~:E iS : .. : 12/17.12009 · .....SFT. ~ ~=~m~E~HES!:~F ...: R11ndaH N. Foreman &As:Jlx:I•M,, Ue · · · · . ~~$E..IM(m1~2~~ Cotnminlan . . . . . . .. : · · /VlCarMh.l-IRAPU 1-40 Ytfilli.S FARGO BASI!· 54!:19 . · APMu~~rr,M-IRAAXA804 . 'WEU-5 FARGO BASe- 8459 :. :.SPLIT-. . .· .· .· . . · ·: WELLsi=AR.GoBASe... e..&9< .1.122.43. l!ial.OO : 8,800,00 ... uc: -8,1!100.00· :-6.~.00: .. :· thf!:Ck:" . 1:2117120&9 · · ··EFT ·. RandaR N. Fort~man &AModaJe-1 UC .".. ComtnbniJMJ· f!.P Mulrer,M-IAA LU 8~ . ·. VvRLB FARGO BAS5.- 8459 : ........ "660.00 : ..5,2210<00:. _:Oheclc·: ····12117/"iCOII ··.···EFT: ·:R.ondaDN.Foreman&Assoolalti,LLC.". ~mtntu.ion: f4P Mu~er,IMAA I.NL 1-40 'v'1iELL.& FARGO BASI!:- 8459 . 660.00 . -~~:E ·_- Coli'ln'lm...lon · ~::l~:~~ti;~9~ .. APBI1cl<,..,s.IRAAQLW =~=~t~: WELLSFAAGOBA8E·IH59 . 712.74 ....,21 ....... :._3.~3.70 :.-2.!150.96 .·2,136.22 . .-1.'425.~·· :· Chadt. . · ·. ·11712010 .EFT: . ·:RIII~d.tl N. F;0t1m11n &.AI;Ioclltn, ll..C:: :: · : CQmm~-QO: AP llrl!lort.S.fM LFG U3 V,U,S FAAGO BASE.CIH50. 712.74 .-712.74 . · APBI1o!lort.S.fRAPU1Ml:,: WELLSFAAGOBASE.-8459. 712.7' D.OO ChPJCk:: :: 1f1f?,~19 .EF:f. · ... R~r'rd.ll:lt_N •.F~e~~~ &-~~~t, LI.C:. .. ·.. CommM!m. pIl74<1 . ·· ·· ·' ·WCLJ.SfAAGOBASE-114~9.: ~= ~~~~:::: .::.~:~ ·:;:.:;:-~:~:::::j~:: :· CIIOnt o,;uglo; &rb. (Ur81"3i~li) · mti.S FARGO BASS- Wa ... ."..SPliT·· .."." .. ·.· .. : .· ... . . AP llor1c•.0 MU 814. : . ......... C. WELLS FARGO IIASEC(I.I69 ·: :AP.Sori00 . ..000.00 . Che<:k · 1 0121J20.09 : . 242.-4 · R.~ymon G. Chl!ldwlek, Jr; : ··.·· .. .. .. .. . . .. AP Berice,O lNG ¢3$ . .: waLLS FAROO BASE·· 1!459 C. 000.0'1 :· 0.00 WELLSFAAGOBASE-e.~g. . ·:·~PI.IT-· · ...·. · '.·: ··· ·' ·· ': -7,194.41. g:::: . . Chtc:k . .1~=: ~~! ~= ~: g~:::~ ~: . · .. · . . 1 Of30f2008 . . : 27.24 · · · . : Ra~ G~ Ch!f~~Cl<. ~.- CIC:nt.RPH··~:L.a.ne ~le~(B761-2St): : ~~~~"~~~~~~·~... .. . .. -P.P B1!11.;Mier ~R-tRA M5T O:liO. . P.,P Bee001~,R-I~.~L 7ll: · . ·. 'fleU.S FARGo ·BAsE.~ ..!.4.59. :: . ~.~Afl~.~E.r~5~ ·: .1,215.7~ :1.215.75 .jl,078.72: -l.m.97: 424  10,40AM · RETIREMENiVALue~ 1.1.c- KPKF sooks o2i:w13 Payme 11ts to Licen$ee Defendants ··· · . :ACcr'*ai&UI$. •Marc:h 20011_ ill~ugh Match 2010 •ti'P" ollbi · · Nuni --~·~:_: · ·Aooount · · .....Check :· .. "10/30J2\lo9· .·. ·2724·. R~ymon G. Ch11dwiQ;, Jr.. :: u~ee:·Ra'frr!onG.ctiZidwlok,Jr,(12",o~,): AP-I ... ,R~RAAXAOCOdwl\828: · . WELLS FARGO BASE~·w;a· 821AS :- . .-I~M.~: · Cllook · 1211712009 :: ;37~7· · ·: ·Rnyi!)OI1 G. Chodwlot<,Jr,: · . . U¢1!1'1U:111! Raymon G. Qladwldi, Jr: 112%) . 1\P Good,A IAA 03e : . . WELL$ FARii'D BAsE--845Q: · . ":621.49 . -3 172A,~. ~= :~g:~: <. ~;~~< ·"'211712009.·: :·; g: g;::::::::t> 3757 .. '." .. RqymooG.Chsd!Mc~Jr.: .::·Com~""'* · ·· ·· ·· · ·· · . AP Good,A IRAJPI103 : AP Good,AIRAU'IL 782: : WEUS FARGO BASEC845D. : :: WEUS FAAGO BASE··H$9 .. . 621.48. . 621.49. -3,107.45 '-2~5.96 .. . .. .• ~;~::;:~g~~:::~f :·Chllck · ·· ·· ·· AP Good,AIRA PU Ba82U9.. ·1~2:1!11· Checll: ·· 12117mltJ'11-... ·. ;-.75'1..... Ri!I)TO_M G..Chadwlck,. Jr: · 62U9 · . ~1.4&·: . . ·.· -:1211712009. · 3757 ·.' RoymonG.Chodwlo~> Jr.· .. ...621.49 ~~t;J~~:~c:,l~dtion~l~\67&1-31!cl f~~~J£::. ij;~;;~;~;g >•. :::~ -Chocl< .... ·0.00. ·.ChMok; Jr.· U~ll;~R8i~~.CIJI'¢wl:dt.Jr.H2.SE-8451. ·.··.:·.··.·: .. : .. 850.00:... · . -3,900.00: .. .. .. .. . . APB•th,P.TRAOIRAF'UOOO· ·.··.~SFARGOBJ\SE-&m· • .: ".::: :. :'$!0.00. . : -3,3DILOO.: .. ··co.<~<·:· : 1!'2110!010 ·:4122 ·: :.RoymonG.Cho<>Md<,Jr. APBm1' ~ ..rWHan,R~TRAD IRA UJ 999 ·. · VIELLS FARGO BASE.-:8451li 3, 173,!1~: . - 1~1~ J~~ ::=g:~:::;:: :U11 . ·3,300.00·:·· . ·-" .."::che~-". ·· ·· ·· ·· ·: :li11J2D~C ::·.o~-706· ·: RaymOO G.Qlach!ck,..tr:."· AP Bot'oo,Ooup-TRAD.IRAAXA 994 : WI;!.LS FARGO aASE-·8459 66D.OO . -2,640.00. · ·· .".:Ch~·_- · 3111Jl010 .· -4.1~·· ··· Fi.aynM1.G,etuuJMck,J~. AP BerlMok_,Jt. APBflrtfl;~9"'tft4.01AAAGL130 .:· _WEU.BF~GOBASE·Me-9 ... 1580,00. ~~-::::'ti:-= . 0.00· . . . .. . . . .. .. . . ·.. . . . . .. . . . .. 52,981.77. . 62,1101.77.. ~ Tob!I~G.ChidWioic;Jr,. ti:Oii. ·.- RaymoodHII ·'CI1eoic .. : :u.m2o10-:: .: 4476. • RaymondHI~-- . : wElLS I'ARGO BABE-1459- .: ..•.• -~PuT· . ·. · · · ·· . 10,000.00·. ··~1n,OOoon.J&J W ~~. . .. WELLS FARGO BI\SE·· 6459. 1,000.00 -li,OOQ.QII. . ·. Ch""": ............... 21251Z010 ·. . 4478 . : Roymond HtOO --B,OQO.OO .. ...... < 2/25/2010 ... 4476 .... RoiY'T"!'d H~' . :-:>:;=:~:j~t~;~~: ·.·· . . :· :-~tt:~=~g::~:~=~:::. . Chaol<· •7,000.00 . ·t~~,: Uoonooo: Roym011d Hlll(101\) · · Commlulont · · · · ·· :::~:: ·.·:.Cilllick :......... 212512010.·· .. 4471!i. Rlyrn;JndHftl. :· .• < g::: ...... ~~~~ << < :!;: · · Check . · 212S/2010 · · :: 4476 R•rmond Hm :· .~:~~ ~:: ••. >~~=~:j:J~~:: < =~~~g~~::m :. ·pp Patllinon,J&J·AXA0"1· · · .· · .·:· · .. · MU.S FARGO BASE~ B4!5i):: ..:· . :~:::~-- ... :1.000.00 ·.· : -4,000.00- .J,OOD.DO. ·: .:. Ch.,.k. 2125!:ro1C ·.• ·.:. r\476 . .·. RoymondHII, AP P...,.,n,J&.J LFG 183· · · · ·. ·;.; ·WELLS FARGO BASE· 8451.. ·1,000.00 ~,QQD.OO. ... Ch•ol< 2!25/Z010·: 447e. ·:.R"'"""f'dHII .. .. ·"loP P~h,J&J PU 140 .. ·: . .. ·. "Wa.LS FARGO EJ.P.Sfii~ IH!l!U · · ·1.000.00 · ~1,000.tt0 · ·: Check· 21251201 D .... 447~ . . R_"'"""f'd Hll · . . . : · AP Po1eroon.J&J AGL 130 ...........WELLS FMGO BI\SE • 6459.. :1,000.00 · ·---;-;=""""· 0.00 Totol Ro)mond Hln .-: . . · ·· · · · · · · · 1o,ooo.oo · . 1c,ooo.oo· : 0.00 .. ~}"'""'"!!§ ~~·· !§~!3§~/.> . Check "911012009 :: .. 182li ·.. ·.·.. RiUw Flmtneh'l1 Serl[cR$, U..C .: .: . ~~~ ··:.Wong ('51-!:1~1~) Ce.mmluJ.ar~ ··········~ff,f··· ~~:::: "N' Wong ANI &52·:·· .:. _:: !M::LLS FARGO BASE~ MS9 · ·1co.oo . "100.00 . . . :100.00 ·100.00. :-~:OCf -100.00· ...o4Cfl.OO -300.00 . ·~200.00 .: . . -100,00 ·. · Chf'l~ 9J10fl.00.9:: .1625. ·.· Rtzor~~iid:e~t.$endcU,LlC ·:· .:· ..:: Wolri~(G7JI-1S4)CDmmlu:lon.·· ·: ··N'Woot:~TRA.2.8'1.: . . . . . . . : .. ·:.·:.'M:L..LSFARGOEIAS~-&4!SO" :100.00" ·.· . • O.OD .· ·''··· · ·· ·· ·chool<·. ~:: .C::Mc.k. ·:· ·ct~ri · ·~f11/20oll"• ··.1eao·.. ··JO.ozot.Fln""oloiSoMooo,LL<>•: .:·.:jn~::: ·IWH!ZOO:i: ~=: 1660: ~=-~=~=:==:~::. -f';aiw"Flrlaric!,ISeNicQ.s, U.C/ :: .:: :: .:: .&f11J2009 ·:· 1660. . R.ZO,.:JtJ.ilanda' S~; LLC ·.: .·.: '.··. : ·: : : · . ·~:~:~g::t:~::. ·:· ... :.!IJEU.SfiAAGO BAB!=~.IW59... .... ·MUS FAAGO SA.sE! ~.!459. · ·· ·· :. ::: ::: .. · ::.:::: :·;~:~~:::.: . 3,60-a.~. · 3,FJOO.OO :: .... 36,000.00.· · .li),COO.OO -32~00.00 ·2ll,IOO.OC · . -2&,200.00 .. ~21,8Co0.00 . ..... Chool< .......... · W11!21l~9:. < :1660 ._-: RozorFinondoiSorvi"",L~C:: .. ·.···· ........ : Abema11ly(6781-217)Commlo~on· ·· ·· ·· ··API\bemll1hyl1ll782 .... :: WELLs~MGOBASE,·~g• :·3,600.00 :: -18,000.00 .. ·Chl!lck ·. . . : ·Bi1ttlO"D"g ·' ~660 · Razor ArHilnda! Serv~cea, LLC: ::·. ·. =·:. ·:: ·: :· ·· '. ··:: ·· .. Aben;~a_I)Jy (6781~217) Com~an · ·pp Abernllttr;' lNl74'0: ·:· ·· IAELLSFARGOBASS~:-M:S9:. : '3,1500.00 :: -1~,400,00 ... RaZor.Fl~rid-~ti~CM,UC .: ·.· ::· . ·::._.·:.· ·=·· : :. :. AbemaCJy(671S1-217}Com!Nulon AP~milthyANII\52· INEL..LS FAAGOBASE---8-459· . -1o,aoa.od "C"h;mt : ... _;·::~::·; .. : ....... .MHt2009< ... 1680. ~- ····:·::·:·:n~:..: · :~=:~.:_::==~::::::::tfc.~;:.:·:: · :-·..-:·:·: . . . . . . . _::=.::~ro~:~:;~g~;=:. ~ : ..... :::: ::·::-:: ::·.:·::-::::==~~~·-.-.: · .... :.:~~~:::::t-:::::·:·· ::::::~:· ···3,600.00 · .;7,200.00 ,: . :-a,&DO,OO .. o.otr · :·ctlf!Ck ·. :~::-.:· · · · · ·:l~~:::: .·:.:.-~::·: :·:~:~=.~:z~~:::tta:::.: . · · · · · ::--:;.·~~~ci~!,~~~-~~-on . . · · 911 rrzocig·.: :.: :.1000: ·: _-·RazorFimlnci.!ll' Servlo~ 1 lLG .·. . . Abema1£1y(67B1-21nCommlsallll1 NJ. Abemftthy rNG 0315. . . .. · ·-~~~~~~--~ .. ·::. . :·.::::tti;lR~BME~·wg:·. V'.IEUS ~~GO BASE~:I-459· : 3~0(l,QD : ·:_::eric."~: · 2,4oo:oo · ~2,-4tio.ac : · '1.$00.~0 . .:~~ : . . :u~:::. :- _ :~:: ··>.>::i~~~==::: ttg::.::· :::=:··L:;!*=·-:~:·,O:a.~%):: :. :: :-~t:~~~~:~: . ·::...··.: . IAIELLSfARGO =~=~g~t·=~:. · ·: .:~:~ . '1 ,200,00 ... ... :::= . . ~cc,QQ : ·:Chl!c:"k : ·. 9/1~1i:':IJ09·.·. ::· ···1-li!Hi.... _.·ru.il:~t-flnliriolll Setvio.et 1 Ll..c:·_ ·:. ·: .. :L111Cour(8781-180) Comml!Mlon . . i....I';Cou' LFG . · :_..: fiP ~ · BASE~ !-459 .· · ·. · :~c.c-0 · .o.oc . . _:g::::: ··~=:·-:_:_:J:::. ::-=.~:~~=~=-~::t±~:::·:. ··.~~=~=~~~~~J;-~~~n: :.·:·~~~~-~~~~?9 .. _._.._._:_.::f~-;~~~~E~-~~~: :: :>:>::~~.-: ;2,40Ul6 ~2~401.08 . >'.·~~~·~~ :. . -P~-1~( 425  Fi.ETIREMENTVA,~UE, LLC ~ KPKF Books 0212~13 .. •Payments to Licensee PE!fE!ndants March 20091hrough Mamh 2010 • A~nl-- . "&.i!en...... ... Rir:IJ.Int:Etta:os .. . . . . . .. . . .. .. . . . . . ... ChoO·· ·· ····-SPLIT-·: AP lul'lm Ll.G HU 81' · · · · · · · · · · · VIaLS fARGO 111\SE ·e.4SV: :wo.oo ~~ 1 ooa,oo -4,SOQ.QO · · C~&ek · · · · · · '1ll/'LV2Il09 · · 2-"l · · · Rlctuu'd Ev!ln:el. · Total$ •maunt$500,000 AP luzom U.C ~NJ: 761. . : VIaLS FAAGO 111\SE -.l\.459. .$110.00: 4~000.QO : Chook : • ..........1=Q\li1 ·:. 2~~ . :. RldlordEvono :u....mw,ft:ll"ooalilllm~v-m(1%l. APLuztmU.Cn.ABC4. .. "IMUJ.,SFAAGOBAS!Oi-&4!59. . .MO.OO. . ,3,500.00 : Chook: 1CIZ1J2009. 2~l : Rlct>~r4 J;\lano : · CommJ;IIIoo :· · fJ;PL.u:a::IHllll.C.IoJ(A1-"ft ... Vd:l...l..SFAAGOBAS:e:-·&459· ··wo.oo·: -3,000.00 CMelL .· · · · · · · · · · · '10t'Z212009' ;;!-4'':1 -::.- R]r:fn!.td E'.tami_. ·. . AP i.u:Z!;f'n U.C LNL 7-4Q.. . . ·: .. ~FARGO SASC:- B-41li9: 500.00 ... . ->,5oo.OO CMok l\lfZ2.12009 · · 2«J · .-. RJclw'd ~.w ·' : AP Luu.mtLCING201. .. ·:. ·: .. WEI..LSFAAQOBAS.E·.S-4!9· 500.00. . -~.000.00 ·:CMctc : . ........ ··10/22:.120011 24-43:- .· Rld1~d Ev..,. . AP Lun:m liC ANi 85-2 WELLS FARGO BASE - 845:!1. 500.oo·: .-1,~~.00 Cf1a.dt- : . . 1c-122!20os 2«a · ··· .fllctJI'l!1:l avi..n.: · · AP W-11»m U.c -~ ni . V'JEU.S FARGO SASE - 6-46t: . MO.oo: .. ·. 500..00 .: ~1~0DO.OU .· ··:·Check:· .:10122.!2009 2+4~- Rl~;t~WdE:vft· loP Lu:z,m LLC LrG 5$6 'II.HJ..S FARGO BASE~ 6459- -500..00. . .: ChOcl: · · · · · · · · · · :1 =c09: .. 2+I>O,. Jl'! U3 . . :• :.: :.: :.' VIaLS FARGO 111\SE·l\.459·. : 10000·:. -20000 ·. AP Nolghb"'" U!l n1 · · ·' · · · · WELLS FARGO BASE-l\.459.. : 10000·: -100.00 : .:~=: :. . ~= Ch•gk .·.· 't21JJ2008:: :J.5-5-S. -. E.vlliM .· ....................... : ... Tutdl t Amount: :!0,000.00= : Rl~lr· .~=~~~~:~~=1{%,.. ·: APTho"'''*<"',TIAAW89!:: ::·::1M3.LSFARGOBASE·!1458..·: .... : . ........ \18.00 #'Tha~,TIRALNL740. ·. ,, : :WELLSFARGDBASE.~:a.t-59 . :.. . $16.0<1 . . .-1128.00 .. ·.-112.00 .. ::·=: . ::~~=-.·: _:::. ·:. :::::~:;: ·· .: ·· .. c~~m~Df18- · APTho...,,TIAA lNG 201: .... : ··.WEI.I.S FARGO BASE.'Sol69. ::: . ......... · 110.00 APTho,....,.,,TIAA LNL 782: :: ::WELLs FAAGO 8ASE.,M5D ·: · : 116.00: -f1'1'0«1,T IRA /\loU 52 I. . . V•ELLS FARGO BASE.,l\.459 . . . · ·... 110,00 . .-.116.00 ·. ·. Chl"cio ·:· · · "12./~Df.Z"OOS. · · 3680 · . Richard Evan:~· . . APThornpo:On,T·IRAPU UD: .:!JVe..l..S FARGO BASE"-:1459 · . . f16".00. 0.00 . .· Cllock . •12123/ZOOS 3792: lllc!>•rd Evan> :·:. . "'lllra.LS FARGO BASE -·8459 ·;.SPLIT-· . . ....suo . ::ch~: 12.12l/,ltl('t9: .. l7uz··· ~Chitd~iu· NJTho~,T PJfA 804 . · ... IIJEL.1.s FAAOO BAsE·- !.469 86.10. ·.-402.70 ::Cheek.:· · · · · · · :12J23f.l001l."." . 379:i." · ·. Rlch~rd ~nB · APTho~,T W 08$ .. . .. WSJ.S FARGO BASE 'l\.459 86.10. :.-S16.tiQ APThompoi>!I,T LFG 7-10: · ·•r.S.LS FMGO BASE·-84l!9 . 88.10 . -4l0.$11 .. · .".ChcG,c·.: · :. Choo!< . . :~:::: :· .. : ::12l231.200i · . .12J2J/20C~ :.. .: 371)2 . :·. :.-:.~:g:·:·: ···:~~:·. .3792: "Rictlard~~- Rloll•rd ....... -~:=~:·.-·. z:~=:~~~ ' .• .• ~~~~g~~:::~: ·. . liP Thompooo,T LFG.ilE'!:: ........ :·WELLS FMGO 8ASE.'l'459 :. Bli.1o: 96.10• .. 08.10. -3-!4.-10· : -258~0. ·.-112.20 . ::~::: ·:·CI10<11: .: . :.-·::·:_:~:: . . ·.:~~=r . :-.:~:==:-::· · 1nl2lUO ···:···.roDS :· lllcl>llrdl;\1..,. ·· · Af'Tho...,....,TA~L002 . APTho_..,,TANI521 : . .·• Vw1!l.LS FARGO BASE,- ·: :·WEU.SFARGOEIASE~l\.459 .. :WELLSFARGOBASE··fol59 .· ··.si'LIT··• · · · · · ·' 06.10 .86.10. :: '16.10.' o.co. -:i,Dil!59< . :300. 00. . . :.-2,400.00: ::ctlSGiL: : ·1n12010 ·.:·.:·.. .".~: ." :· . rudultdE'ol'.l!lll'!l . :..u...,...: :Dont1Beobo(9%) ·Comm~rm: · · · · .. APJ~u,D-IRAAXA99<4. ......... ·.Vi'EUS~ARGOBASE:,..!-459 :· AP Jooeo,O-!RAAGUBL· ·. . . . . . WELl.S fARGO BASE· MU9 .. !.110.00 3W.OI)· . :. -2,100.00. . -1,100-.. 00. ·. ·.:: Ci11!fCk : .: 1nJ2Q10 .· ... · . :4006: .· · R!ctnmUiY.Rn•. :. :100.00 .."'1,500.-oo·. :-. e11~· · ·: · · · =1nm•o .....·.. 4006· .. : FUchard EY.an• .: APJMM,D-fAAPU"PaO · · ·-'NEU.SFARGOBASE·IW59 .:· . APJOQ1118 1D-IRAGFG089 . .WEllSFAfUJOBASE.Ll!-':e-9 · 300.00 . ·1,200.00 . ·. Cl1ecli. : 1n12010 .:. . .. 4006· : Rfdlil.rd EV.11n5· :. liP Joo01,D-1RAAXA 09f · .. : .··.WELLS FARGO BASE ·Wi9 300. 00. .·-1100,00 ·.:.Cl\oolo.. ..1ni2DlD :.· .. : 4006:·. :.Rlchml~v•no. :. ·..-.oo ·· Cheet~;· · · 1n1'2010 · · · ·. · 4000 · ··Richard &am:··· ··.·APJOftes,D,.JRAl.FG 111~.. . >:·:'NEUSFARGO BASE.··U5-~ ··:IOO.M· .. :wo.o~: Ch~ : · · : · ln/2010 ·. ."."··.wOe:· · · Rk:hrtrd :EV~mi :· APJooes.,D-IRA PU 1.. o.·· ··wa..J..s·FAAGO BASE~ &459 : 31!1l.oo. ··:.:Chock.·:· : 1n12010 ·: .: . :: ·.rooo; ·. ::RJolllird J;\loni .:. AP Jones.,[).IRA LBL 771 ............"'lla.L.S FARGO BASE.,.. ~9 .· "3-00.00 .. . . .. 0.00: .."·· Ch~·. :.:Chock.. :: Choolc ·. a-.m·. . !J14J201-D ." .4081 ·· ·: Rich~rd Ev!!.lllt :· : 111.ao1o .. :.<1001'... :::.Ridlordl;\loni. :: 112112010 · · · 40i9: ·: · ·Riollord Ellono .: 1121~1o .. · · .roaa. · ·· Richi.rd Eve.OI :. Cllent:. Ellnoro P. CUtnlng• (8781-665) · · · ~:~~~ 1:::::: < >. ·> ~+~G~ i!AsE: 64S9 Af'CHr! : · . Af'Ait CI'Od~·.· . . : . Ch-eck-: ·Zf251'.2010: :.·:45~51..... RI<::hlrCIEv,.ns. Corooi~QniJ """"' 1\P Meler,AF-f!OTH LFG 11.7·· :: ··::~MatS FARGO BASE· 1<459 . ~01.18. . . -<'152.116 . Cllootc ... · :212612010:: ... 45HI.: : ... :Rich:ml Ev~• ; APMolot.*ROTHLFGWI: ·• :• :·1Mli.I.SFARGOBASE~I:.: ·. :..... . :5.11~.00' .•5,Wt.6!1. :Ciloe~<' .· 312512010· ·4980·· ... ·Rk:tlard Evam~ Cl!ri Pou1La'*""(e181'9S2):: · Ch.eck .· ·ch.,..., .: · :~5J201o:·· <4-91K1. :.·:Rh::hefdEY-!InS Tolol $ omoolnt $5M,I'89.4S · :.·~ t:=:~~: t:~Jf: ... :: ..·. ·. . ·..-· =~ ~~~g =~:-.~;: . j ~:::;: : :,5~3.!13. .. ~.e7.S ..9tl Che-ok :: Chock·: i!of25.1201 0 · · . 312:5/2.010.". · -4-99(1 · · . · Rl.clnml Qo-M"I8 · 3125!.!010:. :. ·4980·• · ·.··Riehord ev.n, . -4SBtl: .": :Richlllrd EV-IIrll!l .. l.leetlttltl:· O.antl BeeBe (9~1 .. Commiu!oM. . . . . .:·:t::::~~:-~~~: m. . ::.::-:-:..:-:-:-:-~~=~g=i~:::::. . : APL.oraoo,Ploul LFG... ·.·.WELLS ~ARGO aABE, $<159. .. .··::::;-: . 584:87 ... . ::4,094.09 -3,51ll1.22·· ''292435 :· Chock ... &1"25!2010. · ·-498fl · ·· ·.·ftk:h~ Ev~nJI·.· · . AP Lo...,,Paui.LFG ~ortF.Knox · . Co~(ln . ComrnboiM WELL.S F="ARGO BASE. 6459: · ,o.pStak.. UJon 1\P stokH AXA 1104 : 1Mli.I.S.FARGO BASI!- 8<15;. · . 100.00 . ·100.00 -:Check .. · .:612'9.12009 . :1082_·:.·.RobertF.Knox ~~IKI . . :ntsklk.trll..NL5D, . . .. : ... :.\l'i'EUSFARQOBA.sE·I5459 · 1:00.00. ·...eoo.oo . _::ch&dl: ·: : . ."617912009.". : . . 1082: . :· _.:RDbctrtF. Knox Commiallfan. · .•. · · AP stok.H. SLA 53<4- : ..... ·:. · :. '." ... _._~FARGO BASe::.:M~O· .·. lOO.OC . -<'100.00 :· ::Chi!!Ck .. : ... 6t211flOC9 . . . . 1082.: .....· Robert.fi".Kncni: C~rmi~On APstok.HlBL11!6 ............ ··:."IJI.laLSFAAGOeAS!;:..Msa·.·· .......... : 100.00· . :400.00 : ·:ChfISS .............. 100,00:. . .. '0.00 ~:r ·: ·.::ClloSM009 :c .. . j$(11j. :.'.RobortF.I•:· ... .':: .Amo'i-IAA(6781-1~1)Commlplon : · · :: · Cli'"tJoho.Arnoy~AA· ·· · · · · ·":Tollii$AIM!'nt 1~,000JJI> · · .... ·w;usFARGOBASE-S.5§: :. :.::.-Sf'LIT-·:.·:·· :. ::: ·. ··.. . . APAA>O)'·IRAAXA!M : ..... WEU.SFARGO BAS~- 1\-'5$ · ·: ·APAmer-IRAINGZOl . : .. c·· .. .. . . .. . 1,:13!,00_- .. 1Ma.I.HAAGOBASE'.M58 ...... : :·: 1,23~.110 :. :2,470.00 . :U~~:: .. 0,00: ·.ct~~· . . ·iJHI/2009:. ·· ·.1?'91 . . . . :A.ober1~.t(n(l)l::.. !I11:WfltriAA(B711,-ES)CommlulCil"l ·· -iVELLSFAAGOBASe-usa: ~PLIT-· .. .. . . . ·· ·· ··: ·· ·· ·· ·::z~3Sfi.~S ..;t,J$11,55: ."Cllock · :.: .: .; .;911!12009: . :1161: . .':~rtF.Knox·:. . . . . COentJohn~IAA··_-· .. .. '."I\PSov.yeriRAING201 .. 'M!U.SFAAGOilASE-8459 · . · 589.16 ·.-1tl67.:Ji": . :Chock.: . ·. 9/HI/20119 : · 1191· : Robert F.Koox :·. · · · · · · ·: . .To1ol Mmoun1:16,127.J179-1 .:l'itObertF.KmiX.: . . . . ~IRA(8781-2.:208i·· .:RobortF.Knox: 'CTI-Hale(67.S1-26J.)Comn:-lsalon ... ·.APHI!Iet.NL782.::-.. . ..WEUSFARGOSA.SE76459.:: 50.oo· -loo.oo .. . : Ch~;~cll; ............ 1DIB/2()pg: .··· <214!-. . . :Robe-rt r. Knox.: Htla (67!1-2.63-) Cotnndllliloo .............. : .. : .. : AP Hart~ LFG &66 ·. · 'M3...LS FARGOBASE.o 8459 ·· · 50.00 · ·50.00.: -:-:~:=:.-. · . ·.... ·. ~g::09·:: .:~~ .:==~:~:.:: ·· · · · · · · · · · · ..-.:_~~:::,a~~~~~:f.n~Co~~.ttJ~n .. · ·· .. ·.. ·· ·· ·· ::=ti~=~~~E.-~s.e;e: .: :::: :::t~·.;~X~?-~-~~~-~-~~~ .· so.oo:. · :250.00 0.00 . :250.00 _. . . : Cllocll :: ::1Cil3/2C09, ·: :;2211 ·· :.RO.QO Cllook: 1om120011 ·... 21*!. . Rol>ort F, iortF.KIIO>i: 1\P HommO!t,N-!RA lN~ 7411: . . . WELlS FARGo BASE; 110.00 ChoOk: .. 1012912009 :: .. 26<14 ::Ro!>ortf,Knox: .AP Hmnnu•!.N-IRA Ull 792 .. ·. . . . WELLS FAAGO aP.SE • mo 5o.oil .' . ,100.00 Cl1oo>c .. 1012912009 26&4 . ~f.KlJQ~. "IV' Hammli!ltt,N..jRA LFG 566: .. :WEllS f:'AFIGD ;S,Io.SI:!:-84.!Q . SO.OO -60,00 ··:.:clu~: · .. i0129/200g :-;::::2Gil4 ::: . :Ro!>ort f, leiiF,Kno<:. .: T•·: 12i3CJ/2009.. ·:·3'Kl3 ._._ . _.·RobertF.KllOx::· 1:moJ2ciGO ·.. .". 3103 ·: .. .".Robert F~ Kn~ur :. 12JJDJ20D9: : . :. 39Q3 .·:. : :. Rot.rt f ~ Khr.ilt:: .AP G... oli,A-!RA 1N(l201 ... :: · · · ::··. 'M!l.LS FARGO l!ASE··USQ ~g:::z:~~G~~ .AP GOuoli;A-IRA lFG6e8.. .·. =:::~~~g~u~: . ... ·:v,n;u.SFAAGc BASE·US9. . . ..... 10,00 ·. ...... . :~:~ :: ..80.00 ·:. :-40<1.00 . ·320.00 .· ... ·240.00 ·:. C!1oOrtF.KM•·: WEllS FARGO SA$E -M~f9· . :tPLl'l"-· .· H . Sl: : .-~.s~ .. ctlat;!i.: . 2/liatl10 · · ··43n ·· ··Rol>ortF.Kn•• :1\P GroyAA1 Corp PSP LU a99: . . • ·::WElls FARGo.WEc~: 4927· -<1926 :· ·C~eek"· 2/11atli0. :.43n ·: . .. RoboriF.Io~lt< ::·::Cl1oo>,· .. ::n...:: '1:: 912912009: <~=::::~~=: 1996.: : Robortl"'"''kl'PP".::.. . ~::::~~:~:1::~:=: ·fo!IOt!RA(~7~1·22B)commlui'"l: . > ~~::::~~~ . :··:APfouotiRAANIB52 ~~:~g~~=::~: ·: .. ::. :.·:.\VEl.UlFARGOBASE-3<159: 3;>2.00 . =m 322.00 3;>2.00 ... 1,f1C.Ii0. ·1,26,'1.~0 ·-~.00 · ..w.I.OO Ci1&clt 19~ :: .:.!WbertltlrDytdllppll.". .. 912912009 :: Fatnt1M(6781-225)e:o-mmt..IWI .- ...... MJFu~lt~RAING201. .. ·:.:: . ·.:.WEU...SFARQOBASE-~51!1·: ·.Chflclt. 9/2912008 :·. 1!96 ·.. Rab«tleroyKI"ItPfJfl· · -~suttiRA(67&1~225)(!(l-m"*-loo:: NlFailsttR.A.LFG588 · .. ·.·. ·· 'ftl6.l.SFAR.GoeASE..;6-4:5Sr. . 322.00 . :-:12:2,00. :.. cn:tck· .·. ~Ill: :: ::.1,98 :: .:_: Robertlllroylook·:· 1012/2009 :· :.2019:· :. Robortloroyipp•: ·'Nolle-IRA(If1BI·171)Comm1Nion . .WEWIFAAGOBASE·U59 · ·· ·· ··-SPLrr.···:·.:·· ·. · ··.··. · . . Cilook.': ......... 101212009:. ·:'21119.: ·:·Robertloroyl'l>pp~·:. :cn.,I:U.oWo!l'o!RA.: . .. . ··API'I'dii!IRAMET600. ·: . : :· :. :.... v.al.iJ.FAA.GO·BAsE-8.159. · 51.43 . . .JQU7 ·Ciloo~ :AP Woiii>IRAAGL 731. . · · · · · ::· :: ::'M!ll.S FARGO SA$~ ,&<~59 : .. -757.14 · · • · • ·~~~·· · :;;~~~~ . c 10121200e·.:: .. 2018 · .... Jlobortloroy l'lorllo"')'l'loppo· : .: . :· ·::: ··:: ·. •. •. •..•. . •. . .. ·::: ·eommlulon ·· · · ·· ......••.••.•• APC!or11,R4RAI\GL7JL·· .•• ••• 'M!l.LSFAAGOI!ASE·S46i: : 504.99" . : 504.JI8.. ·1,51.U6 . .-l,51U~ .-J,Oil9.11!) -Cht~ck"·" -1l7f.ro16.:.: .. :EFT·.·.· RQbMI..er';Qfio11 Loroy l'loppe: ·Commission·. . ...1\P Clotk,R-!RAANI ~$2 :·· · · :·· · WEllS FARGO BASE··II<5S· ·.ctloo:k ............ 112ar.201D : .... EFT: .... · R~~rlllfQJKli!IPPfl': ·...... :· .. ·: -Atiag!ohar,J4hanglr.R~IRA(G7Bi-:-S~Cc~niu1Df18. Vv'EU.SFARGOBAS:E-845.!1·· .. ·.·· ·· -5~11"'- :: ·:· .. : :: : .. : 210.00 : -21D.OO ~etk .. :. : ..... ·.. 112SJ20t0 :· ·EF"r ·_.. -R~rtL..,.-oy:Kloppe. . ... : .. Ce-mi"TUII8foo. : APMalgohar,J-ROTKM"ET650·· ·· ·· IIIIEU.SFARGO 8ASE-M5Sl 52.511:. : -157.00 112012010 ·EFT .... RoOortloroyl!n Carr . , . : · ... : · :·. ·. · Cllont Robor1 PriolCi BASEc "'4~1 . . ~O.il'J .. : . : . : -4,/iOO.OO .. Cb,.~ :'lnS/2010.. .132 . . ~nCarr · ............ ·• ... -:.·:.·:Ta101$""""'1ljo50,00D.OO .. ·:... I'J'I'I\Okott,R-TRADIRI\LFG735:· .: C\\EL.l.SFARGOBASE-8-451.: :~0.00. . -4,00D.OO · ::.-choek ·--312512010. -4tlJ2·.: .·. Ry11nCnrr· -· ·· -· .. ·: . ·:. -- .. ·:. ·· ··Ucenae:~n_r;:~(~~-~%) _/J.PPito!ikt:lti:,R-TRADIRA.LBllEI1· ::_._:WEU..SFMGOMSE~8451l':. . 500.00'. :_.J,MD.(H)_ ·· __ Check : '3126r'2010 ·· ·· -'932. · : Ryi.neart:.: . ·: . · .. --~Qrmriu!Dn :'- . J.F'Frtckl!lti:,R-TRADIRA/\fl\335-: : --~L.LSPARGOBASE .. I!-459·: _500,00 ·· . ·3,000.00· . Cheek 312512010 --_-_:_4932 _:.·_:Ryan Carr_-·: . . . :-.:: _APPricktd:I.,R·TRADIRALFG311.": .::·:.~FAAGOBASE·M!5& 500-.00 :_,..z,m.oo· ···Check -:)125r':W10 .. : 4932 -· :. R)mnCBJr': ·· ·· ··· ·NJPrl~kett,R-TRADIRA.A7.AC~1:: ·:·:··:.!NEU..SFARGOBABE'~·a.5g . :5liO.oo.·. ::-2,000.00: .·.·=·::: ........ =~g_::·.·:: ~~~~-. --~=~g:~ Cheok ·. . · · · · ·312~10 ·. ·: •Oll· Ryon Carr ··':~~=~~=~~:::i~~~:·:· ·.:.::::~~:~g=~~::~: AP Prioke1t,R-TRI'D IRI\PU UO ..: ·... 'hal.S FARGO !IASECM50 . =:~~·::' ::-.::::-::-::-::-:::::.: .. : : ~~:~:~~·._-:: 500.00 i . · ·: ·: ·: .. .SOO.OO · .. I'J'Priokoti,R·TRI'D.IRI\JHL.6:13:. ·: -.":WELLS.FAROOSI\SE·~59 · .Cheok. ·...... :' ,'JJW2010: ... :.932 ... R)'M Coir : g::; .. ·. ·.. Choool< · =~]~ .•• !:! ••••• :w.::g:~ > · · 31?,5.12010 :· : ·~ · ·: RyooCorr · . . .. Torol ~7.75 . .a,m.so. . ···:MD ::;rrug -7,182.00 ·: . :5 • :H< :: . • Eg:; ·· · ·.: ~=o:··c . .(1 :~::~EEl:~t~ 5~~E~H~!:SE <5H!Y .~::tt .. 0%) · ·· ·Chock :·· . . . . . c3125/201D .. c.: ·9~ :: :: RylmCorr . API ~~~~! · · · · "APHDhnillinn.,o PU ·uo .- · · · :: YYEU.S F~GO SASER M::ilil" ... 1 !~: . 1,5Qe,oo j!j · o.oo ~. · :.Totai.S..mHOil>li>i :: > ·.· :·.......,..FiriOriolol~,..,uc CCho:WEi.LSFARGOa.o.BE,"'I~~. 250.00 .. -250.00 . · AP Guorra lNG 283· ... · · ·. : 'mU.S FARGO !lASE- e.45g 250.00 .. .. MO ·WELLS FARGO &1\SE.-"'459 :· · ·. :·:.'C .SPLIT:.·.:,·,:.:.:.:.:.: .., :c .: ·,... : :-1;Boo.oo ·.C~eo* .. . ··j/2J2(10!l ·.· . ·:· 11.03. · :: · ~r~d Atumcllll sntegii!S,LLC :· .. :· · · · · · · · · .:.· c ... iNnl:ulon · . : AP RR Gu..r. Po..,otahl• SIA5M . ·.: WEU.s· FARGO &liSE c ·"'4~9 :'o · , · .. · : .. .. · !.60.00 .-!,440.00 •.~~~··· · · · · · • i=:.·. .· · ·. n~ ;E::1~s~:s==:~ . . . . . . . ·. . . . •. ~==· ·= .·AI' RR Guemo Par1no!Wllp·LBL1'5 · .. ·:·.:WEllS FARGO BASE' H59 .. C· : :::!60.00 -~~.080.00 .. AP RR Gu""'! Po..,otahip lNL032 .. ··'Mlli.S FARGO SASE' 8-459 · .. ·: . : . : . : . Z'lO.OO. ·720.00 ·· :··APRRGu.m.PIII1normipiN~n .:,·:·Wi;::s:~~=~-~=:===:~~::_:·:::_ Strltegln,UC:: ·. :-:--:-.:::.·::·_,:::;::·;g~~=~ . ., .. . . . . . . . . . .. : &'1312009 ·. -. ·, . 1.:!-71·. · ·. · ·s:tCUred t=Tnl!lncial Plde(S7.1J1-@B) Comir~Nion . · ·APWi~omi>ROTIHBL1&5 :..:: ·:o:c:.v.<;U.sFAAGO!IASa':e-4~9; .' .......... "2<1D.oo':. · /AP ~ams--ROTI-1. OM~ -446 · , , -.: =·_.WELLS ~~GO BASE~ 84~t . WELLS FARGO BASE; 1!-159 ·c:c:c: . .SPUT- -.•. ·... ·.· . .. .. . · I'J' Plato DML ...S.. 200..00 · . . .. .. .. WELLSFARGO 111\Sa ''"'459. C. .. .. .. .. .. . 200.00 : :zoo.qo . . -200.il'J . :··o.oo: -200.00 . . .. Mo·: · · · ChMJI; .· 8/-'\lf2G09·. · . ,. .1371·.· ·.· ·SeaJr-M AnMIWial stmft9!•,U.C: :· . ·:· . ·.: .... ·:. ·.: .. cn.eot Kathie !In Plate : · . · .... ··.··check .:~s: : . ·140&·· ·· ·So«~!::· ::-.::==::.=::::ttg:: :· . : : ::.·.:::::::.:~~:~~(~i1~~~~m~nron: ·:l-426 .... --~ ~~¢ai.Sin!t:e,gi~,LLC_- :: .::· ·: .. ::.:::.::. :. Chnt KldhyV~ka--IRA :· _.: · ·812012009 : · · 1426 : : Socund Fl•••olol str' .. :::· -c.Da · ·,11,1120.00 ~tl5,12_1!..1ltlo . ·14,331.00 . .. ;12,5«.00·: :ch~k · · : :· .". 5J2:0i200!f · . :. -·1426 · :·=· ·.-S&curtd Fln&ncillil str3tl!-ljli.-,l1C:. ·.. · Urxt~o~: SFSJRetd ThMbum . . I'J'Uoo\:o-IRA.AXI\804· .....·: ..·:.·:... WELLSFARGOBASa-S.!I9 . 1,792.00.' ·cheoto .: ·· ·: ·: : :.!IJ70/20o9: :: ·. 1426 ::.·.sll'CU~Fin8nda.lstrat~•·u.c._ -:· Ut~Cka--l:RA(S781;971borri~i:tn· · . APU..l:A-IRA.AGL66l. ·:.:.:c:.::.:. WEU.SFAR'-O!IASE'."'I5s ·: "':': : :· 1,7112.00: . -10,7~2.00 : APUeu~IRATRA28l. ·.. ··_-_.·:_-_·_-_.··.:·.. ~l.lSf!AAG06ASE:.·M5t' ............. L782.oo_: .:-<1.11$0,00 . ·chede ·. · · · · · · · · · · · :st21l.'Z009 :- · :: 1-428:- · · :: S&curtd F1nat1ctal Stnitegl~.llc: . . :Ue()k.a--tRA (B7!.1~97) Corri~oo · 1\PUoo\:o-IRI\100201: WI:.:::::::: ~:~~:~:._ ·· ·· . : . :.. :.: 2 ·:· .·. :>:·.=.tt:~:::g=~:·::;:::: . ·Ch~ : WQJ100if : · ·1426 · · · :.s.cured ~nahelil S'tnit~~.LlC:. :UCQklt-~l=lA.{&711-S7J Com~nlorl· :-1.7i::Z.OO : ··check .·. :-er.e:QaOQil!: ·· ::1426· ·: . .securedFioenclaiS'Ira'h-giMo.-U..C. ···· ·· ··.ueeta-~RAIS781:.eneommMroo: ·0.00. :::::!:! ~-~=~~:: =::=:::ttg:· ··-:~r~~~~t:~~~:.~m~on· : V>l;LLS FARGO BASE' "'l~i :.' .. . c.SPUT-: ·: ......· .. .. ...... .. . . .. 6DO.Il'J .~.liD :~= ::~ ~:~!- =·· AP"M-Itlllkllf--IRAAN~ 852 · · · · · WElLS FAAGO BASE -.8-4-,.11- · -44').00 _· Ch~ ·.' .. ' .. ' ...... 0!5.12009: :.147"-4 :.~~dFin8i'Jc:I~ISinileglii:JJ:,LlC. : -"_.Tol:lll_$ ~lmt: 30,000.00 .. ·:: ·.: . .·: .. : AP1MUbokor~RI\1NG2B3:' ::.. :·.:·WELLSFAROOIIASE' ..'g: -2QO.OO /41-'m1tl:!lkef-IRAOML"~:: ·.·.·.·.~S:.FAA~9-~E.;~s9 .. . o.oo ··.-.-:c~eclc ... · ..... : .. ~512009. ··· ::1~14: ::S6CtJr..:iFinMci~IS1nii~~·L:l~- ·u~?·•lns~~:Pa~l_afr1t!~&l. PLI1ol(l: WEllS FARGO BASE- 8466· 160.00. :)118tl01 o EFt StevMffll\-ert Comltlinloo . · APHJoko~&I.JHLe:l3 'M!U.S FARGO BAS£- 8451· · '150.00. :T~I-stevari Fe-obri 119'7c9.ii' • ---:1";e",o"'09".9""'1 ·a~j.S~i,..,·· Cl1ed ...12/Haoo:9 a75~ ~en .J. Sl:ljul. 'lie.l.HMGO i'IAsS- ~. -SI'I.IT- :: ·z,m.oo :-2,500.00 Cllook ·:. .1211712000 3755 SloNon J. S~]\q CUent JallnJ, J-loltlld~ (e7G1-$11S) ..AP:J1on.d;!M!~J PU rwJ : "ML.LS FARGO BASE· 0-4-~i· · · · · · · · · · · · · · · 5-00.00··.· ,-2,000.00. cnoo~ . .1211112000 . 37~5. .. smoon J. s~Ju> :· Totolh......rt$25,000 · · · ..A!'~oltofl""~ JPI ~1'2 .. .. 1\BJ.S PI\RGO BAS£,8459.............. · 500.00 ,: ·1 ,500.00 C!\ook l2117/21JOV. 3756. SW.on J •. S~jul . Uocn~~-~:~-e-; steftn J. SlGju1 (10%) AP"Ho1tadsw,JJ>J11 : .... D.OD c''"'~ ·1211712009· :: .3754 · .. '""""" J, s~Juo .· WELLS FARGO SASE -1!4S9 · -8PLIT- . · 1.1.o1u, ........ -11,o1u1 Cil«::< ·1211712009·: 3784 ·: ... sto>on J •. S~juo :· . Cllont: L~nJ .. n Coolerit-IAA (87•1-121) ..APl}.lt ..APC0<1lonLL~RAINQ 201•:. . •: \Wll.S FARGO BASE- 8459• · · • 1.191.116 • .._..m_84:· ·. Cllook. ·· :1211112009 ..::. 31'84 ·.·:. SlovonJ,S;;jiR APCootenll-IAAPU930 ·.. WEltSFAAGOBASE .. a.t.59.. ..· .. ·.:· .. · .. 1 1 ~91.56: ·-3,575.88 ·:co~. :1211712009 ... 3784 ·, .. st.. on J ..Slol;n . "APC«ltllnltl..-IRA.AGL0$2.: .. · . < !NEU.S PAAGO BASE-.8-459.. :. ·: . .. · .. 1t19U6 .-2,383.92 .. · .-c~ ·f2117tz009 . · ·37M Stevan J; Si;Qul . "APC«iteni,L--IAAAN1521 ·:. : WELLS FARGO BASE .. 8459............ · .. 1,_19Ut6 ~1,11111.8'6 ... ·CiloOk ·. •1211112009 ... 3784 : .. - . . , J. S-IRALFO 1 U ... '. . . • 1\ELS FARGO BASE~· 845~.. oll:!.'l6 :: ·-992_~· Cl>ook .. ··11712010 · ·· 3969 Slovon J. s~p;. APWIIam,e..IRA.PU 140 ··· ·· · ·.· WEU.S FARGO SASE-·MS!l:·: · · ·· 192.-46 .. C.DD c~ook · .. :211812010 ·: 4-108 •: '•: SlevonJ.Stljul •: · , ·WELLS FARGO BASE- !1450 • • -SPLIT- .::·::c . .. .. . .. ......... . 1o,ooa.~· >-io,ooo.oo co~. 211812010 .. ·«08 ·. . SlovonJ.S~Iuo. ·c~om: Moo!Ono L. uiooough (e'rai~T~J:. . APUmb""gh,l.l LIJMO . . ·..:·. I\I;:LLSPAAGO BASE,.8.45t.. . . :1,000.00 .· .. :-9,[1(l:[].00 C~eoli · .211812010 .. :.: .«oo· .... S1£w!J.S~ju1 . Total$ •m...,nl $100,000 · . . ..AP Umbollgh,r.ll.FQ 2~· .: WELtS FARGO BASE- 8-45~.. .. .. .. .. .. .. 1 ,000.00 ·-a,ooo.oo Cll~ . · : . : . :. :. 211812010 . «08 ·. ·: Slevon J. S~juo ·· Uconooo: SloV011 J. S)l)lo ~o'>i) · APUmb""gh,l.l AM 9114. ·: WEUB FARGO BASE·:845i.. · .. 1,000.00 . •1 .000-00 Cll«k . .. 2118/201 ~ :: .. «011 :· . : SW.on J. S~juo . CO!l)m~ .. 'APU,...,gh,M AQ~ T5L .: WELLS FARGO BASE' M50.. · ...... 1,000.00 -(I,OOO.i)l) Cf;act: 211812010: -440& : ·. Ste'atf!ln J. S~jut · ::AP UM'b•ogh,M PLI o~Q . . . .: W'\Wl FARGO BASE-. 8459.. .. .. .. .. .. .. 1 ,000.!>11 . -5fOOQ..M Ch~ . . ?Ji 8/21l10 .... , . «oo . . . : !ito. on' J. S~jua ··HJ Umbaugh,M IJl...G QSf ·····~FARGO BASI!:- e-4-59- . 1.DOil,OI;J . ~.ooo_oo ".'Cilocl< :· 211812010 :c:. «01·: .. SlevonJ.S~Ju• "APUml>ough,MAXAO'a1 . WELLSFARGOBASE-:ma:· ....... :: C:1,00Q.oo.· . ~"3-,000.00. . Ch~k·:· 211812010 : . ··:."4406 .... steYenJ.Sfr:iju! f+il Uini:IIIIU!1l,IA :U:G 19J . lNEU.S FARGO BASE ~1).45!1=. . ... 1,000.00 .. ~.2~000.00 Chook 211812010 4-108 · SloVen J. S~juo APUmb•uofi,MPLI HO.. . WELLBFARGOBASE··a45B· 1,000.!>11: ·1,000.00 ..AP Uml>augh,M AQL\30· ........ ·: WELLS FARGO BASE • MSi• ·1,000.00 .... 0.00 ~~-cl£ _21181201~ .. ···4408 : ::-~9!1J.Sidjui ~-~.l :Cl~ht Lola GrOliiRA(6781-47~) • "AP ~roi.~~RA lU ~!19 · · ...... :: WEllS PARGO BASE -·Mss· ''1,10!1.DQ -ll,llOO.OO : APGroll,l~RALN\. 7ol(l·: ........ :.: WEU.S FMGOBASE-'.84Sf "1,100.00. 'i) : AP Grd,l..JRA lNL 26A "-; ·... WElJ.S FARGO B,A.SI3;- M59· · . -1,100.00 .. '1,100.00 c~eck. :1112:511009 J.t.li9 . stooebml ~. lnt:; · Commla!ono.. APGroii.L~RAAMOZG.. .. WEU.SFARGOIW)E-1!-159. 1,100.00 -8,800.00 .Check:· ·1112:SJ2001l: .. 3-4t9 ... ston80~.nl St~ IMQ.: APGrioi,L~RALNL 71L .... ·; . .:. WELLSFARGOBASE-.MSL .. 1.100,DQ . . -.s,-soo.oc Chtr:k" . . ·1112:5.12.009 · 3-41$ · · · Stootlnn:l ~~ lri-A : : .AP Groli,L~AAING 036.. WEllS !'ARGO BASECI-459:' .. 1,100.00 .. . -4,4-00.Dt:l Ch11ct_ :. :1112-51.2.0-C&_ .. · 3-419 . · .. Stool!lhursl Sec:urttlel, lri~: AP Groli,L~RAAM 597 WEU.S !'ARGO BASE- 84SU. . 1.100,00. ';:),000.00 Chock · 11125t.IOOO· . 3<11& Slo!oom..l So-, lnll.. • APGtoii,L-lAAAGL062. • . VvaLS FARGO BASE-'114S9. . 1,100.00.• ,2,20(),DO .. Cheek cr.m. ... Check·········· ··117.12010 :· :11r2:5J20C9 · · · :M1t · · · $"b;lo,"IMI.ril Sea..irlt:IU, In-c.: ·1 1125J2.0Da·. · 341:(J · · ··.EFT:·· S'torlfllllni1 Sec:iii-Mes, In-c..· . S"bX.etu.~n~l~.~nc.··: · . :Mii.Uiiocl,"T:flll-llef L .IRA.(67B1-666).CCimrristiiH11. ·camrn!aslon ·· ·. · AP 13reii~L--IAA lBL ?71 · · ~=~F~t'~r~~ .....• . v.rELlS FARGO BASE- ~59: ~~~ARGO BASE,84S9 API.I,tu,Qn,f,IRAUillllll . ·...... :IM!l..LSFMGO BASE'·II459: 1,100.00. "1,100.00. . 550.00. 5,500.00 :.1,100,00 • ~.00 ,0,500.00 -4,850.00 ctu:u;:~ · ·1nJ2010 EFT : -Sti:M1111hlftt S-1!~ 1 lric:. · : Ch11et 1nao~o EFT . SW"!Illhli1"31 Secl.n1tktl, Inc •. · Conunl..lon >· API.Iolli""',7-IRAAGL73L · ·: .: IM!l..LS!'MGOBASE-8469 . APMolll>on,T·IRAAXA804 ......... WEI..UIFARGOBASE-·Mso: . 550.00. .. 5SO.OO •. -4,400.00 .. C3,1150.00 ChecJ: · : .1n12010 EFT : ... stMehum Serur1HM-, Inc .... ·com~on · : Ctiec:?: ............11'112.01 o EFT . :: stonetlum ~rtti"'~ lml, · eomin!Uion: . AP~111tltson,T-IRAPU &3D" ....... :: wa..ttiFARG08A.S~--MS9_ -550.0C : ·3,300.00 ·-Chect. · ··-11'712:010 EFT .. StonehuretSeoorttic.,lna... :· · ··eomwAdon · APMdl!«l,T-IRALFG272. ·· ·· W'EU..SfAR.GOBASE-Ii-45-iJ. : sso.oo· .2,7SO.O!l ::Checli :: .11712.010 EFT:.·:·: stonehUrvtSeouriUce.,lno...: ·Commioo!Qn . "APMal1hiM 1 T~IRAING20t: ....· ..· .. : WEUsrARGoa.ta.en::-.~S9. :5SO.OO -2,200.00 .. Ch~ :· ..11'112010·:· EFT:: ... SWnetuJmSecurttiea,lnc.· :.c:ammlulan · "AP Molfton,T-IRA ANI a~·· · · · · :. ; C': WEl..UI FARGO BASE.-. MS9: .55().00 .. ·1,660.!>11 . :. :ChMll:. : "1(7/201 0 el"i Stanehl..il"3t Bea.JrttiM, Inc. Comm!ulon ·. AP Mol!loon,T-IRALFG 782· ...... VvaLS FARGO BASE- 8469· ·~50,00· ~1 ,!00,00 : . : Ch.,ck · · · · · · · · · ·1n1201 o. ·: EFT.: stOnehum .seOi.crlUn~ IOo> · :·Corrmis&IOn · · AP 1.1111ioon,T-IRAU'.~=t=~~gg~;t::!~:: · WELLS FMGO BASE· 1!459. ::~::·· . S3HO ... ·5,733.00 . ·'5,096.!>11 AA59.00 . Chl!ck . · 1/1.ofn(I1Q :!::fT .. · .StoitatuiratSet-u-fltllit:.lno.. ·· : .CorrmAhm··· .. APBHoon,J-lRAr.II.IIIJ;l5. .. .. ·: I'\'S.i.SFMGOBASE'"'I59 ... . '631.00: ,,3,822.00 .:Check·· · · · ·111-4-12010 · · · .. afl' ·: .. Stooetnnt 6ea.nttlu, lho, .. CommtuiOn .. Nl&e11uli,J-l'RAPUg.eo.: WELLSFAROOBASC~&4-59· .. ··531.00 · . -3,145.!>11 · · ·.: Ch~k 111o4f2"0i0" · · · ·EFT · · · "SI=:inehiJI"!LtSeanl!fn,-!nc.: C001mlsalon .. /AP~,J-IRALFG566.· : IMill..SF.ARGOBAS:E~S-469 .:· ... ·· ·· ··13~7.00 . ··2,5411.00 Ch'llll'l=i< · tN4!20~D· · E!FT st:aonehUR.t-SeOOrtd~l, fnQ. · · bominiuion .. : APBHoon,.HRIILFG782 · 'WELLSFARGOBASE-"'150, · .......... 1137.00 ·-1,911.00 Chm ·· ··f/14.120iO:· ·Err· ··.-skinehufllt&oc:u~"''·lnn.· Oarnrrliu.fon .. AP se-on,J.-I~AAA. 591- "lNEU.S FAAGO BAS~;. ~:i . · · · · · · · · · ·S37.00 -1,2ROO CM<:~· :1/14.12010 ·EFT · · · ·stonet.umsecun:tles,lnc •.. ::·comin~t;Jn . AP8o .. on,J-1RIIAGLOOI2 :.WELLS FARGO BA$E-W>9 : .... :· :·631,00 :. -637.00 : Comm!Qj~H"J;: · APSoooOO,J..IAAIINI521. . WELLSFARGOBASE·MSS. ·. 837.00 CJI(l. Cheoe~: .......... :111.t:il2010:. :EFT:. :.stotllllhUfl!iSI!alritiM,Inc:-.: ·.. . -~m~~-.~ R~~ (87Bi--6'1a) Com~l«~ · . \o\RLS FMGO BASE "Wi9 · ·• -SPIJT-> . . . . . . ......... . '-3,250,0!1 . · Clutclr .... __ IJ1U201-Q_ ::EFT_ ·:S~Bhur-:t.~~~!~n.C:- :· 430  ... :. :rill..t:NIO Null'i ·-·-:· ~'- Memo .·... , .. · ·· ·· ·· ·· ·· '"'"-;""T'""I"':"T":'-~~-·-·-·-.~ :. : Ac:ci:ll.fM.: .. ---·· . Ch:""'"-Y"""" ... .l211712000 3137 W.tlorC. VOII"Q · .: : : : . .:.: .... ·· .:..·,.. ·.::· .. . .... . IMlU.S PARGO BASE· 145g. . . . :SPi.Jr~ ... MOO.OO -li,ooo.a~ . Chl!dt :: . · 12!1712009·. -3737·· WatWC. You."SI .·. ~Mt:An'll"loilyJ. PMU~(~7~~~-:i"~):. A!' .PIHUCCII.j P&. w a99 ·. . ...... ; :·. Vdill.S FARGO BME:-.MS9. . 500.00 ;...t.,5>=FARGOBASE:645~ .. :.Cho . . . . . ·. 1o,ooo,oo :• -10 10Qti ..CO. ·;eChok (6781-6111)· • ·. AP Moljorln~. R&SW BH, . C.;;.:.:..:.:. WE:LlB FARGO BASE CU59. :. . 1,000.00 : . . ,a,ooo.oo ·Check. .. : · ·. :_ ·12117/2009 . 37o4t: Wlil:t« o·. Y.:tt~li:g ·_- rotaU ami)!Jnt $1 oo,ooo .. : AP t.lol]orlnl<. R&S JPI 082 . . . . . . : . ': WEllS FARGO BASE' e45i. .: .· : 1.~01),011 ·· . -8,000.00 .-Ci'leck:.: ... -.1211712009 .. '3741: .. Wl"'~c-,VCHJ-:tU:. UcentH:watterYoong(1D%) AP t.lo11olfnk, R&SI.NnGA :·: :·. :: : ;·:WEIJ.S FARGO BASE;e4511· .. ; : l,eoo.oo · . ...1,000.1)(1 .. ·cneclc -· ·1211112009 .. 3749· · WB"Itero.YoonliJ ::eommf&Gfon1.. ·· · ·· .. AP Mol]o~ok, R&SAXAnl .· .· · .· · .·.· .WEIJ.S FARGO e.As~··8450. . . : :. 1,000.00 .. ·:~.l>QO.Jl.O .·Check.: .· ·1211TJ2fl-Q9 .·.· .· 37-411': Wi~c·. Ya1.11iiJ ·. : AP Mol)olillk. R&S lNt:7B2· . : :. ; ..... 1\el.S FARGO BASE,e459·. ·· · ... 1,000.00 . · ..j;,l>QO,OO. ·:Chook ·: : ·121171200& ... 374t • Waflot'C. Young • .· : AP MeJerlnk. R~ PU !80 .. :c:c:. ·:,. WE:LlB FARGO BASE,·e4e9: · · ·: 1,000.00 ·; .. ..-l,l>OO.OO Chock •. •:.1:11171201l9 ·:, '374D. w.n.rc. Young. c ... APt.lo~rlok. R&SJPI1f:!·· ... , . , .. ,. IIII:LlBFARGO BASE-.8459. :' 1,000.00·' -3,DOO.Il0 ::CtJ~:: ·:.::·.t211712008.· 3749: . W.ltflt'C.Youna··· : 1+P Me~Mk, R&S PU.:II-30:. ·. · · · · · ·. ·. ·we...LS FARGO BASE ... S-459- . :1,000.00 .. .· . ·2,000.00 ··Ch-et!k · · · · · · ·•211712009 · · 374D · ·. Wlilllid" C. Young·. ·. AP Me:~llrfn:k, R4-SANI.521 .· :·. INELLS FARGO BASE-:-:3459. ,,ooo,oo ' ··1,000.00 . ·. CJlO :: AP Me!lorln~, R&$ PU 14<1 . •:·. · .· .. v.al.S FARGO BI\SEc.M59 · ~· •·• ·• >t::1r II·····~··•·•·I~~ /· · ·•·•· · · · · ~~:E,::·-~~.... l,oOO.OO · · ::_ v.a.l.SFMOO~.E-3-451lt·.· .·:.:: .."~IT:--:~;.·:····"-:··: ·: .·, ·. ·e~QDQ,DIJ :~,OOMO · Nl Eng_mnen&~lrhoad LU filii · · · ·· ·VVELLS FARGO eASE., e-4-59: . · SDO.O> : : . .liP Engonnon&Mulr11o•dAGL)30 •:WBl.S FARGO !lASE ,us9 · ~.OC c.oo . 0,00. ·::·1-Gtl!Yh.iterc.v~n;· . ·.· ..-.· ... -:··: :· :· .:.:.:: ... >.·::. :. .. ::·.:...· 21,000.00 21,000.00 15 ··~~~~~~~7J~~c····~~§•···•· Ei[~s~~~l·········· · · · · . ·••··••·.·.·E:~~~1=:~w:::L.IlOi) :~~=T~~~:::_:: ::_:. =;AR.GO~~ t.fsg· · ;· ;·Al'D Motth-·TNoiAM1!2<1· ; WELLSFARGOilASo 114•0 ...... ;; .. ··1,600.00 t.soc.oo·.· '0QO.aQ. · · .1·s~rioo>o(J -t3,5DD..OG . ·U,OOQ,OQ ··· AP0Motth-TNOISLA338 :.:WELLS FARGO BASE 11469 ...... ··1,500.00·; ·. -1D,SOO..OQ · •·APD Moilti..,.Truo!JPI0«2.C ·:'MUs FARGO BASE 11459 ·· ·· ·· ··uoo.OO; . ··9.000.0<1 • .. Chodi · .. · · · ·' 12117/2QOQ 3762.· . ·WoollhlnlOif"toONatwotkLLC·c · . ···· C.mmloolooo ·· · · ··-1,600~0 . .APDM11i"IU"Iem,Tru11:AYJ\~.· ·. WELLSFARGOBASE 84r,e·. :· ··. 1.500.00:· AP 0 Ml!ltlti-IWI T11111tFU i!BO :: :.-:: "WEUS FARGO SASE 8459 .. · · · · · · · · · · · · 1t5¢0.(1(J .· ..-6,000 .00 :.. : AP D Matlhti'IMI Tru•t"JI=JI 272· · · :- .. ViELLS FAAGO BASE ... &459... ··. · .. ,,500.00 ·: :·-1,50MO. : APDM•11h~Trult~.m· "WS.LSFARGOBASE~!J4.1!i9 .. ·· ·· 1,5~~too::· 4,000.00 . . AP D MA'iltr-tWI Tru1tJPI ~13·. .: AP D Mattti-M"Truflt!P'LI1.oMJ::. :. :: WEI..l.S FARGO BASE~ 8459-·. ·.· WEllS FARGO e.ASI!i! -&459 .. .. .. · · ·. · .·· · 1~o.oo·· 1.500.00 · ·1~oog: •• =s~:.,._ao9Me ..:is9 •• 001.61 .. • ~~::~~=i~~ati> .: AP Mai~.NanoylRAiliAAUlL381 .. ··.IMlU.s FARGO BASE '8469. ·· > ·· ·· ·· · 9.12· ·: AP Mollo,Naney TRAil IAAAXA 0&1. : · WELLS fARGO BASE •M5t · · · · · · 800.78 · ."-2.,1Cl2.34 AP M•IIA,NanoyTRAIJ IRALFG 103.::: WELLS FARGO BASE,$.159 C ·· .c:ao0.78.:. •·1,801.56. . AP Mollo,llonoylAAD IRA PLI140• c: WELLS fARGO BASE .045g 9<10.78 ·: .000.7l . · .. 0.0~ . · · AP Mallo,NanoyTAAD IRAAGL 130 ... CWELLSFARGo BASE"il45~ 900.7.8 : .. .. WEUSFAAGO BASE'M!It· ····: ····..ePUT· ·".··'·· '., .... · .. '· ·. 246.7~ -248,75 Chtok:: ·. : ·. · · .·.".l)':;(5J2\l'Ht · ." . ."EFT .Wii!eiCh ftitegmecJ N-etwork LLC.".. :·. Tumer"tTorry Glynr1-T./llidi6or.anRA(6781-7il2) C0miriial0n : -1n.oo· ChMlk :.. ·.:· .. ·.".3J2.512Q1G .... ."EFT ·.we~Hhtntt-g:mM~~a~LLC_-·. : Co!f.n1-IMion· . . .. .. .. ...... . .. .. . . . AP Tum.,,GT-ROTH IRA.&J(A 336 ·. ··... ·WELLS FARGo 111\SE; 1145S NJ Tum~Jr,GT-ftOTH IRALFG 311 ·.:· WEl.L.SfAA!lO SAS~iii ~&4!i9;. :: .. -149.25 . Child<· ...... l/2.51201~: .. EFT: ·W.ollh!n~d/'1-LlC · C.mmloo!<>11 . 'Mill.S FARGO AASE -"~9 .'.spur.:· .. · . . . .. .. 1~.11(1 '1,500.00 . Che~.- 7mt2008 .· 121J-1: ::·We4leyD~Vi~oo· .: ·· .: :· ·· ·· ···:· . ·· .. .. CammJsa1011. MJPIWiakLNL177. . .:WB..L9F'AAGOBASe·84.$9 ·1,125.00 :· .<:1\od<·.:·· ·.712&126D9.·. 1207 .. · WooloyDovfdooo:. :,: .. · ...·: .....·.' .'. :. :.Commluloo AP~•vl•kAGLnL: ::'Mill.SFAAG0!1A$E-Ui9 -750.00 . :Chook ·. .7120/20011. 121!7 · WooloyD~vldooo ....... .. ·:, ... · · · Comtnlu!oo APPovlokLSl16S . . . . ::wru_sMRGOBASE··M59 :-:115.00 ... .:---=-': ::: ~~ ::::-::::;g:~=: .=-::-:: ::·::=~~~..:SQ{eTrutt(67~~~·1:~Co~~~ . 2 ~~-;~~:o ~E--..5Q· :-.: -::;.=-~~:~--~~-~~~-: _= __ 2,550.00. · 0,00 --~.m.oo· ·. . · ~=~=~::o. • :Chllck. ii/1-'IJ'21l09 1671.· ··.WnJayDavil!soa. .:·ctll!lnt:DII'ck.r:t~eTnnt:. . ~ · . .AP~TruWtAGL73L-·: . ··.· .. ·:.~r:ARGOBASE-:-1!-459.. ; 2~.33·· ..-2,lri&•·· · ~otol·$-;ai,OOO,GO· . · APBod ~~~~g::~t::~r : we.l$FAAGO!IASE··8ol59 283,33:. 283.3:1 : ~U.l3 .. . ·-1,7DM1. -1,-418,68 -~.13~.-'15 . .. ·Ch•ek · · .. :.a.r1412Q(JO...... 1011: ·: wo.toyDavldooo e.ckR'""""'"'oT.... (G7eHII2)Comnmloo · : .: .: .:APBOckTnisi~l982 : v.a.LSFARGOBI\SE-."'159. 283.33" :.'-850.02. ··.::Choe~·- ,_:Qf1~$1_-_.·.· .1077· . W~DYDavldscm·... . ......... ~RSII'CICILbl•fM1(6-781·162)CoMMihion: .. #'BeckT.rwtANl8S2 ·:ws.l$PARGOBASE~.MS9: : 283.34 .. :4011.66.: iiEi lET· E~~~EE . : ·: ·:·.· .· .·.·,.: • ' e1~~~:~7:Com.-. .• • 5;~;;;;;~; · .. ·.: ::Cheek: . ''911oll200~ . 1877·. ·:WaloyDovldoon ·..... ·'.liooi' .. •.·.•. ·.•. •• 161:1.00 -751l.OO · :· ·ChO17 ·: : .. ·.:. 111301200•. :.: .:W3M\1160.. ·: .'.' .... : .WEU.SFAAGo !IA$E.-Ilo469.. AP .too .. IRA lNG 201 :·AP.Jo•o•IRATRI\281.. .. ·' · '·.·. · ... 'Mill.S FAAOO BASE. &459 :. WEUSFARGOI!ASE.-'$.4~9· . ;:g.: . 15~.00 . ... l50,1l0 -800.00 ... -o450.00.: . -300.00 -150.00 .. '.'ChOo2,260.67: ··••··~~•·•····· . l*l~~ jli s~~~E 5~~~i:~r:l~~=~···············•g§5~~ · ~~~~~5i~E~L . ' .. 283.33 :. . ct,993.34. 283.33 : ·1,7<)(1.01: :. 283.33 . . :-1,415.66: "28333' · Chool<: 10112121l09 ·c.:.21i9 · .. WooloyD•'It(G7i1-162).Commmlon : : ... !.oftln{6781-27o4)Commlaalon· · · . '/:P~TM:IING 038.· ·:. -WEL1.SFARGOBASE~&.458 . : APBeoi.OO . :-213.34 0.00 'f.500,00: .. ·Check·· 1011:112009· .. 2203:: : Weo!oyDovldoon·: ·· .. Cllotrt:leollo&Doono·lOftln .' API..ofti!IING201 : .:: ·· WEl.LSFMGOI!ASE'M59 ·:: .. -1,200.00 : Check .10/1312000..' .· 2203: .. : W«:t>09 .. 2684 . Wooley Covl6oon... · 0VOUymen1 oo Book oonimlool<>n: ·. ·. · ·: ·: ·: .. : .. :. : : . :. . :WEllS FARGO BASE-.8459 ,... . ·WEllS FARGO BASE- 8ol59 •· ... ..-SPLIT-:.'· "-SPLIT- : ... : . ..:2.~~-~ :: ... : . .... .:. :... :~ :;!~)~.'~: 2,sa.o.oc ..15-1.1-4· 393.73- .. ·:ChOIIJoooo-IRA(6781-309): . . :APJM..,D-IAAHU81o4.. ..·:.·:;: iloel.LSFAAGOI!ASE·I!ol59 .... : .: :: .: ... : .239,59 ·: · ChOld:wt1 ··_ APJonM,b-IRAN.II-!52." . :. \M:l.l..SI""ARGoBASE~~::uil:- ::_.: ...... -231l1.51l-· ·i~a:;.t:::7 ::cnef;:fr;: .... -· 101.Z912000 . .268' · Wet.k!yDavld.Dfl. ··APJlH'IM,D--IRALNl782 ... : ::. ::-~SPARGOBASE-~·MfSiil·_ : : .. . 239.Ei'll_::_ .. ·2.1rro-.u· ·:Cheol<:. .. '10/<:i!WO!I . 2684· .. ·WooloyD•vl.... .' · ·:........ .. .. .. Al'Jooeo,O-IAALPGM;G::. :·.:: ::WEllSFARGOI!ASE-·8o459:. :·.· :. :23U~.'.' :2,31M5 ... ·'Child;-.' 10.12912009 ... '2684-- .. -WHI4l"JD:avlds-or, .·_.:: __ .. .. .. .. . :: 'APJOM,,O..IRAINGO~· .·· . . -· :'IIS..l.SFAA.GO~E~-~I;iQ:.. 239.55 ":;2.~.0[] g~: l== <~ < =::;:g::=:. · · · ··,::uont~... ti.C.Ok-JRA~7~1-3$W =.=H~~~58 ~~MGo~:~;..;. .. 260.47... :250.47: :· :45,31 . "295.7.!1 ~.25 Cheol<" :.1D/301200'3 :.2734. : . .IYH/Oy'DeVi0<1< . 111912009 .. ·: 2927 WM!eyOo'M. · ..... :': u.,.,..o:...,._yDo~eANI852. 'WEl.LSFARGOBAS~.-.11459 2,120.93:. ctHtcJ1. -t1/9f.l009 .·:.>~7 .... ~iiYOavl"~l>l1 :: __ Com'!l~l~.:.··· · · ·· ·· ·· ·· : ... · ...... ::.:: ~~!!"i~~-~M;.?~· ~SFAAGO~E-~5~-- ~.33M1 .. 433  :: 1PI40AM. RETIREMENTVAI.l!E, 1ic. K~KF a6oks · o2m11·s · PaymentS to L.fcensee Defendants . : ACOIInt Dobll ·~ct-: ··---- Che~· · · · · · · · · · · · t119120Qif :~MyPaYI~·on· . AP C:•rrtngion l~c. S68 · · · · · \iYEL..LB f"ARGo BASS -&4~ ~:::: CheCk: .... ·.-.·~~~~:: ·· ··11111!.2009 .· ;. :::. :. :t921 29!3 :=:g:~=-· "Wn!tYDIIIvldton :... · we.t.SFAAGO BASS-&w.IU!oro,R-lRAAGL 73L.· ... WEll$ FAAGO BASE-1!15< . APWI!!Iiore,R~AAI\XA8o.l. ··.ccC"wa.t.SFAAGOBASE"M5i: : 111l.ll .. 16U3 : 2,550.00. . 11080.00. 1,24~.3~ . : 11-40Ci.-GB: Chock .. · ........ tt/11120~ :.. :Z111~· w..loy Po'M>OII :. APWallhers,R-IRA LNLT40 ·. :·: C" CC CWELLS FAAGO BASE' 114~i . 163.33 : l,56i.S!l Chock: .... 11111/20(1$·· .21183 ·:w..~oyO.v!dlon .. APWallhora,R·IRA lNG 283 :: .. ·.:WELLS FAAGO 111\SE' 1145llc. .. 111U3 . !,73J.32 . . U95.05. Chet:t::: .. . ... 111111200~ .. :2'111t$ .w.w..tllftDI!Iv~n: IV'Wollh..,.;R-IRA lNG 201 : ...... :.'Mll.S FAAGO 111\SE • ~~ : 163.33 Cheek· · : U/1:1QOD9 · .m:,; :.~~lltfPIIVId:aDri ... /1-PWalthn,R-tRA I/IIPl lt92· · · · ·. · · ·-\IV€LLS FARGO BASE -34511 ·· ··143.33 2,06!l.98 Chm.·: · ·· · · · · 111i1!2DD9.-:" :291!3 ·:INuleyOa-.rltt.an ·.. P.P~r*,R-IRAANf852 ·.· .. ·.··.·.· · v.r8...LSFARGOBASS~Il45"S ..111U3 : 2,223.31: C Oiled<.: ll/11atl09 ·. · ·:211&3 ·.WoaloyO.vidoDh ·.. "AF'Wi:lthEra,R-IRA lNG 036·:·. ·.. ··:·. ·:·: ·.!J\18.l.S FARGO BASE -M!it 163.33 2,385.1;4 ·:. =·:. .. .: Check.:. . 11{11.12009 :· ··Z98J . : V\'elllftYPII~~on : IV'Wotll>ora,R-IRALPG500 ·: c: :; ..we.t.S FAAOO BASE- 846i .163.311 . 2,550.00: wat.S FARGO 81\St:!- ~g . · · · · · ·..SPUT-:· ... :.... : .: .: .: : : I,OS!l.OO. . : . ::~:g:=~·. ·: Ched:.:: · : ·. · ·1111212009 ·: · :3046: .: :wei.leyOevidlon . : ~wil.;.,Ctoo~<(tl1~1~i /'PChri;~WJV(Aeo.i · ""150,00 ~~~~: ·::~·::= . ::·:.··W2.LLSFARG0BASSf-B...,-sl .: : 1,200.00 ·: Totlll"t ArTtwnt 50,000<00 IV' Oiorl<, W I.U U~. . ·:·: :·. VvalS FAAGO BAS~' MS~· :· · ·150.00 . 1,350:00 Ch•dc:: . : 1111212009 ··· ·":3048 ": · ·INftleyDIVidlan · · Uceftaee:We-a Da~on (3,00%). IV' .Oliff<, W LNL 740 · · · · . · · · ' · · · WEU.S FI\RGO IWlE ·1145i :.150.00 ·1,500.00 Ohi!!Ro:·.. . . 11/11.12009 ·:. ·::3D48... ·:IJ\IQ!eyDII'IvldiDil · : Coh\mlulo96.26 : : Cho5 . Choel<· .... ··121312009 .3,29· .. W..loyO.vldoon APJonfi:II,M-lRA PU B-11-0 . . WEllS FARGO BASE~ M-51 . ··H-4-.!Soa !,osue :· : Chod:.... . ... 1213/2000: . :>5211. ·.. W.. IeyDBYidoDh · APJoiloO,M-lRAJPI 1U ...... c.: c.: Cwat.SFARGO BASE'6459. .37U3. .. 1,4-26.(··. ·. :.AJ>Joooio,M-!RAAGLIIII2: . . . . . . . WEU.SFARGOBASE'845i .. 37H3. . 1,8641:. :.WetleyDovil...,. AP Brron 1\XA 826 · · < wa.t.S FARGO 111\SE. 84~9 · . :300.00. 750.00 . :: Cheolc .,.:: :: .... :: (2/1M1109 ::· ·:JI\41 .. ·: :.Waley!Jo\o!doon ... CC AP8r/on LNL7t2: WW.SFARGOBASE'84~9. ·:. "3DQ.OO I,O!io.oo ·Chock·:. : 12111l/2009 . ·:JI\41·· ...• ·w..loyDo"lidoO· AP Br)'Dn L.BL 771 . . . . . ·... ·. :· ." IA£l.LS FARGO BASE~ AP Brron PU 1100 · · CC , .. · · c · ·: cc ..IM!li.S FARGO BASE. dJ.459 · .. IM!li.SFAAGOBASE-11459· 'sPI.IT-.:: . . . . . . . . flo15~ . :: "300.Q(l .3.ooM!. . .. ·: 2,250.00 2,550.00. c Chetl< . . :.12110/2009 C . :1670. CC .CWnJoy llo'lldoon ·.· ·:21~~2~ -448,~5 :Ohm · ·· ·· ·· ··cc1211()a009 ·3070· .:·cWnJ· -:~~~: ;. -:::~::. ::)~~::::::-::.: = .=s= . :·APJ-ohn..OO,RIRAR. .Hi8if. ··:.·."~FAAGoSASe·;845D :: ·:.:" ...":::.· .. · .... 299.63 1,351.48 .. N'Johnt-orl,R IRA"AXA5$7 INml..S P"AAGO BASE.~ 8459 299.63 .1,6!11.11 ~=······· . g::::' 1~155, ~m · · AP J-ohnaoo,R IRA:AGL :062 ~S FARGO BASe·: e-41iiU. . . . . . .... : .. · .. 299.63 . : 1,050.74 ··MJJohnacm,RIRAi...Bl n1 wa.L.SFMOOBASE~·e-1,~· .·· ...... ··.·· .. 299.63: .. : 2,250.31 . ·: Clloel<:. . . ...... : 1211ot2009 ·: .. ;3870:: :: ·w..I.Y Do"lldo(ln. ·. APJoh.... RIRALPG51111 1Mlli.SFAAG08ASE'.II4&9C· :::: ::2~.6~: · ·:2,510.00 . ::WEllS Fi,RGO IIASE ·&459. 'SPLIT-;,· : 600.00 1,954.00 1~1~= =~g:=::: . cnri EtotoMIIIw($78.t'~> : ... TGt&l$.amourrt$2D,OCO·.: · .. ·: ..... AP MILLER,E/4XA5i1· :· . . ·"WELLS FARGO .IIASE.~·i4S8. ···.. APMWI!f,EAGL062•: :·: ... : .: .:.·.:. Vval~FMG08ASI!,·8459 150.00 150.00 2,100.00 ..2~.00,. :: ""...... : --:·.g;:::-:· ·: . 1211ot2000 ·. · - · .. W.otoy--· <:~~g:~ :. :::: . :<:=:~~::-<:::· ·:::~~~~~n{l%) .. ·. PPMi~er. EJPI ~83 . =~o;:!!c,tt,~~~M~i. ·. ·· · · · · · i\B.LS. FARGO "PAS!iii- M!SY .... : .150.0Cl .• ~~AAG.OBASE'IJ.4~9 .......... · .... 150.00 • ..2!iOOJJO : 2,650.00 Choi:k·:c ·.: 12111ao0e: ··:3740.. :i.w..teyO.vtdoen. · .· &oo.oo 1,650.00. .. AP ChombtroiRA LNL 782.. . liYELLs FARGO WE.~ lloi~9 .. .. . . . . . . ..150.0~ . :1,1300>00 . . Chetlk.·. Che.cli. · · :· Chiiek:·:. . : Chotl<:. . . :: 12117J2000 :: .a-740 .... ~11)' D.~lbon · · .-·1211712009· · 3H;;J; · ·.Wnlay Oavl.;bon . .... ·.· 1211712:(10g ·.. :3740" ... ::Wesley t:I!Widson .. . . ... 12117ao09 :: ::37100. :w..tey p,;vtdo..... . . Cl!onti JeromyChamb... IRA (678l.Sl1): · Toi:DI $ amoimt $30,000.: ·:· u .......o: Weo DIIYidlm (3%) Com~iona ·· · . ::=~~:::::~::e~: : APChombtroiRAJPI143.. ;: . : · . :::.:::.~~~=g=~~:~:,::._:· .... :: ·; :: ;;:~g::: . .... v.£LLBFARGOI!A.SE,IIo459 . . ..... 150,00 . 1,1l5!l.OO .. . 2,100.00 . . 2.250.oa· : Chcdl:·: · · · · · · · · · ·1211712009 :· :·37~· ··Weslr.y tm-id&on ·: APChambei'IIRAAN1521 ·· ·· ····v.£1.L.SFARGOBASE.:U59 .... :·1!50:(I(J : ~.400.00. Cllod<.: ·12111~ .. : .:37100 .. : CWn!oy Davidson . · ·APCOombt,.IRAPL! 140 ·. · · :: ·: ...V . . .. 12123120011 ·: .. :UZ~. . . ::I'\IU!"Y 0 -.... ·. ·.· "WEU..S FARGO BASE ~8459. . . . . . ·. ·...sA.Jr-. i ··· · ·.. · .:11-roO·~: : 1:DSidsIJ AP Pape;Roc LU Q~g_ .·. . . . · ~FARGO BASE·- !lol59 1SO.OQ 2,100.00. Cl>o . ." · .·:v.a.LSFARGD""""'·l>lfii 1!!a.oo 2.250.00 . : Chffi: ·. I2!Jil/m09.: .. MTJ .:. ·. Wool~ Davldooo:. . .Ucenoot~:W.. Oa>1dooor(3;<10ll.):· APPape,R<>oo~. .. ·:. Chool<.. 1213Df2ook 117/:ll)10 · 39-!3·_-. · WaaloyOo~"""".":. ._.Had!lM,~TlSancl'a(67BI-5ioi)Cam-"'. APHadgn,J&SPLI9&0: ., :;WEl.LSFIIR(lOI!ASE·M59' ~08.00 ._. 9SB.Oo Chook _. ........ "11712010:. : J!l43-- Wolloy01Mdoon" .."" "."Hadgn,Jo.,alnSann(6781-SS.I)Cammlula"".. APHodgeo,J&SLFG21.2: :: ., .._,·:.1\EU.SFAAGOBASE-Mit ~$.00 ." 1~326~oc:i . ·.. ·Chooli. :: 1m0.: . .1~TH.Oil _ .• _. ::: :Chaok :: . ·_- "11712<)10 39-13 · ·: . .Wftloy DoY!doon· · ·:Hodj!Oo,J-T&Sa;n(S781;&94)Cainllin!On; ._. ...... --.:_-: :APHodgu,J&SLFG183: .":...... · ."WEU$FAAGOI!ASE;'u5t ., '-. 4118.00 2,142.00 .. ·1f7f,l010 ._-_ . -<·'·31M3." :::.: Wev~ey ~Yio.Qn: .. ;;•~J=~~;~~~::;Cam....~na. >~1~~~~ ;~g;;;::::. -Cheok _.- 25!000 ·,· .._ ·.c'll.-c~ · :1nnot.o ~3: ·:· ~ey rn.~oo .. ·.: . 249.29" ........ ': -~:::~ ·.. .-: ·_-C11oolc . . "ln/2010 :.. ::: : 3BI!3. .. ".Wtiloy "'~'~"""' · Chioocl; -- ·:V~IO · . ."~283_- ·_-.-_WooloyO.~doon .. ·.·. Cll011t JUdith 1\. Puriii-TraIIRI\(li711-21.2).. ·:AP PuMs,J-IRI\ lNG ~1 . : _.·. .. .. . Wl'llS FARGO BASEe B469 : ·2,009.01 . 21-!12010 :· ... 4283· .. WooloyDO'II83' -WooiWDoY!do"'1 Corri.t"r'~Salan. ·AP~e.,J-JRALFG 566 ........ : :-WEUSFARGOBASE-3451 2~0.00 · : r •..,_ w.o~..,. o.>r.... ~ · · ·· · . .. • ... ·. . . . 2,5:5{),0Q ·:·.WIUI.rnE.:E.\'iri• :~::· ...... ··:··~~g:·. . ~=t . . . . .. ·:·=:~~~=· . . ···.g:=: . ...... ·. ,·. . •'. ~SF~GOt~-!loi!O ·' · APS.,dio.Ron.nPo/··· ••. _.•..•. ·• ••. 1'/S.U;FAAGOBASE•l>lel . ........ 3,000.00. 1,750.00-- ·3,50000. : .:.1,750.00- :·Che-c~~·: 712f.2009 . $"OM:·· Wlli.tnE."Ev=ant··. . .. :·.·c~~an ·.: APSomlioRon. 2,520.00." · :,.7,61!0.00: AP~RGoorro Portn.,shlp.LNUl32." .:,--.WEll.SFARGOBASe,uso -- : · 2,520.01)." · ·: -5,~.00-- ' AP RRG~erro Portno..Olp ING2!3 :· :: ·:WElLS FARGO BASE • 8458 ·:. 2,520.00 · ':--2,520.00: ... 'APRRGoi:iroPortnoM!pOMIMi · ·:WEI.LaFARGOSASE-Il-469'.".". 2,62!>.1>0. ·:0.00: Cl>et¥ ·:: : ... ·:·ll/1U2009 .. :,1370 .. ::.WilB~mE.s..""·,. : :·.::.: .:: .: _.·,·_-'._--.--.··: _Pioto(ll7&h!9)C.nin'isSion. :._ .......... : WELLS FARGO BASE'Mi.. .. . 'SPLIT-' . . . . . ............... 200.00 ' . . -200.00- Chatl( ·: ...... ~1:312009"·. _137"0 ··.. :WNin'lE:EvliiM."· : .. :.::_: .... : . · ...:..:.... · ··._.·.cu~l(.elhlllll'l!"1Pfalm-_-'_:.-'_:· . :: :· . AP Plo~a.I.SFAAGCSASE-M$9 ·. _1,000.00.·.. . .. .. .. .. . .: ~,000.00• · :u::gg . : ~:::- .... :· ~=: . : :. :=::· ;.;. =~::·~-~;::::;: :.-:;_·::<·:.:: :: ::-;-:::·:::.:-.:.··-::.-··: =(~~~~=r:rn:::~~-~~ ::. ·.Chad!· · -~11ii2008 ~712. ·: . IM~ai!IE.Ennl!.". :·:· · ·:. :_ :· ·:· : ·:.: .. :..:. ·. Gafc!i!lny(61ili1·174}C . APAmR!aLFG~-- .. WEI..LSFIIRiliOBASE-114!19 ·: =~z:gg===~: .: .: .. WELLSFAAGOBASI!-!IoiSL ,· ".:·:··_.·- >~~~r£~=:~o~oo%i . . APGonhnyAAAU~-_- ...... ·' ·' .WEI.LSFAAGOBASE-·!Iolao·: 5-ID.OO ·. .. ... ~n.Oo . :· APGix"dlanvMAM860 · . "WCU.SFf',R9;~~1;:-~9·· G40.00. . . . . 0.0-G ~~~G~:t:Ji.·Ms~ > ~~F;..GOBASE;B.iso =~:=:: 24 500 00 - •• , : 2,450.00 ' ' . • . • ... Che-ck -~:r:: 0116120~9 ·: · · · ·17~1 · · · 'M!U.e.m S... E'l•na·· :~~:~::.:·. :g~::· :=:~i~~::·:;. · ·.:-:·: .>" :·: ".-: ." ··:_: · ·:_.: ;.: Trrll!l $.ArnLnlnt~ 350,0~0,00 :. · · . :·· ." · :· · · · ··-::::_::·;~~:!~~::~0~=~-. . <~:::::~ill ."AP Baltet~tlne MAM 8&1 <<< ~:~z:gg~~:=: ....... >.. ! VriELLS FAAGO BASE-.846i.". · · < ~~~:~ 2,460.00. ...... :1~:~:~~ : ::. : ..14,700.00 Clr~Rk.: :9/1Gt.Z009: ·:.·.1726 ... !M.IVI!ImS.Svanl ::. S.NIJ11[Ill!l(ti7EI1·i83)Cam~..-,··.···.·.· : .API!oll01i~••LNLT4D .. ·· .": . .":WELLSFARGOSASECII-459: 2,<50.011· :. '.-12,260.00 Chook ·. _91~~009:.·:.·· t726 ·.·.··.1M111•mi:.Evai'ls. c·. :.:· .. ·.:-se~ltfltl~.i!l·(~7$1-l63)Co.rri.mi~$Icu1:',:· APIIoll.,~nolNG20I· ·. WELLSFAAGOaAsE'II-459• 2.~50.00 · : .... . :. ·,6,1!00.0~ ,. . _.::~=. .:,~::.- ··:.:;~:···:. :.·.:::~~~::::: ...........·.: .. -::-·: : : . :· . :-: :-: ::~=~.:~:~:t1~~g:~=~:· . /4P Bl:ln~~.n"ll"'WPL 91Z .· .. · . : ~S FAAGO SAS:Ei~·5459: ; 2~4=-o.OO : ·~7,3:50.00 :: · · .:. (:.bl!l(:"j: .·. ·-gt1et201)S:·· · 1726.... ·.. ww-..mE.:elllrll. B:~~~rrntfr.e(6781·183)Comtnlt$kln . .::=:=~~:~~~ • ~t:::~:~g~~:~:: ~~:~ ~::"~:gg . ..cbcri; ··.·.Che-ck·: ·· _-9/16/.2QO~ . . . HiUL ··.IMibm"E."SV"Bii!l.".. ; 9/1.&a009 c.·. ·.1'761. . .. 'Milam e. £\1"1'1!11. ·· Ba!l!nl:ln~·(S78_1-163}Commlulurt:" Hr.ml!tl• (6731·1S.S) Comlfllulon ~~~~~~=:M~~< <'< ~~~fARGOB,o\'IE:II-409 _ . .... ~450.00 .. BOO.OO -· _... ~:g~ > .. ·.·cn.c~t.. . 9/1&12009 : ·.: 1781 . ·: INIIIr.m E. EV8111 C~e;rt; Mani!ef<a~e~ Hem~dfllz ; · APHomandezAGL73L· -.- ..-._-.._-·.:.:.:_:WELLSFAAGCI!ASS'.M59·.·_- :· .. ::·:: :: ·zoo.lia; ·.: :: :." :: ::_:._:._:._:. ~.00.-:: : ·. .".Ch.,..;k." .9J181200:Q.;· ·· . :17EW .·.·:IMll•mE.Ev*l•. Tllblf_.SJ\rnoont:-40,000.00 .. · . :APHomondezNC.'\8~:.: ... :· .. ·:.- .. WELLsFAAGOBAsE'-~51':: :::: -' .: -' · 200.00 _.· .: .. :.". :. : -40D,OC _-,:. ·: Chell-11." -:· .... : lll/11!.r1GOO · ·:·. :1781· ·' -WII.IIm!. Ev.1J1111 UCdn.te-e: Emil L. U.k~ki.J!;;:{10.00%"j . : APHomandezLNL 7~0 · .. ·: :. WELLS FAAG0BASE.M59: ·.· . . . 200.00 .......... -lOO.OO ·· ···"Che-ck· ·· ·· ·· ·· ·:9/1BaOQ9: ... -~761: ·:~"11mE. ~.-.u: Hi!mondQ(8181·1NI)Coi"tlmJri'ori ·.: : .· .-APHorn ........ OMl~-- .. WELLSFAAGOBASe_;l>469." ...... 200.00: ., : .... __-,·_ ·: o.oa ."· . ."."cti'l!tllk ·:· . · · · · D/1!!(.l!D09 · ·.1781." ·. · ·.\'YI1~aim E. Em-.1: · ·· · · · -Stt,lntoo IRA(67-!11-~41}Comrriniori · · ·•WEllBFAAGOBASE-M5!."." ....._.'I!PUF-- . .. ..... ·' JZI.T.! ·: ... ~21.72 . ctsedl.. . . : D/1~oog · : ~7&1 ·:.!NiJh:m E. Ev11111- ...CliOnt: Cwa,-n~ Stnnton IRA ...... . ·:AP-StantortiRA.ING.O~. .. . 'v'YRL5FARGOBASE·.:&4~1-· ......... ::3~1/2.: . . . · o,oo. · Che-dl · · 9/UI'2009 .....· 166e ::'MJi&m E. "EvBn.ii· ........ B.U. Akav . l.,..et-nilfT!Uirl{6781·213) Cotrimltsli:lf"l -WELLSFARGOBASE..,.&45g· ·:· . ··..SPLIT<"·.. . . ... .. .. ... .. .. .. ·.600TOO ·· ·· -600:,00 ." . ··. Chedr" ··912-412009 ... ·:1166. ::'Mlhm~.J:;,~ ·· ·· :. :... _::. ·cli'l!!nt:Betlt.AbralalmorTI'Uit ._._._. ·· . ' APIIott.AkoNLollli.,;MET65AkonlolmorTrANiaL . weLlSFARGOI!ASE;Mss· .... · 2oo.oo-- . MD . ··cbftek": .. ·.".a/29!2009: 188E." ··:."1M1UtmE. .EYam: · ................. ·. . . ·:WELLSFI'RGOI!ASE-11469· -sPUr-:.-··:·-: ::.:_ :: .:·.:·.. ------ :. -- '-4,200.DC '--4;200.00 · ·C~&Qj(": .. Bl2El-/20'09 · · . :·te;~ . · ."."\Nilhm E. .Eumi .CliMt f:I.Dbert G. YB"Ie~ . : AP Y-11/<11852: WEllS FARGO I!ASE' !-45~ ·.· 1,400.00-- . .. .. :.2,900.1>l Cbe-t:-il· · Bm-12009 · :·1&86 · ."."WIJQ.am .E. :Evan-.·. ·rotal$.ta.milunts:ro.ooo: . ··APYate9·LFG7J2.·:-: IM:LL.SFAR:GOBASE.·8469 1~4CXJ.OO... ·:-1,400.00: C:"fl!'rcil; ... : $129r.I:OOii .·· .. 1166. ·.··WJitmE.i5VEit1"t. .".". .. ·uc.:em~:~e YWliBm E. Evana: .... ·: AP YJ~ l.FG 566 · · · · .. · ·:: ·. · wt.U,S FAAGO B.A.SE~ 8459 1.400.00·. . .. ·:0.00 : c~~. :·Pi25i/2Gii9. 1024 ... :·I/IJilll.irnE.-CUJ!2 .. : \MiU..S FMGO i!ABE • 0400 ." 124:60.. . . . .. .. .. . -124.60 · Cbe0i Cheei<·: lt29r.I009 ·· : 1Dt7JZD00·: 1-n4 · : ;;!:Cli!:Z · ··"WiihrnE.E!v•ns.: ·:.Wil~.amE.E\Ie:til.: ·.Total-S :amounU12,480.20 · . :.ounrl ~PA [6751..95) Comm!ulon: ~~~~~':sE-UW <>..•. :..~ir~~~·;~$~ •·: :: .: .: ·>. 13520: llUo. •- ~ia.OO -• ~1~:~~ ChltOM.. . ::· 1Dnl7009 : .·. 2082 : :-.Wi~R~fri E. Eve.111 ·. ."Ciiomt LOu-Anh t:krrin IAA . · APOunn~RALNlln waLSFi\1\QOSASE:!Iol~g.: -fiP OU!m-IRA LNl.591· :. W:\.LS FARGO BASE' Do~SS .. .. :en..!<.·. 1Ofl/2C0.5 · ·_ · 2062 Wliem E. Evarl'!ll . .D\Jno t~ (67~H6) Commlulon : ..i'J' Ollnn~RA lNG 263. :. v.a!.S FARGO BASE' IM59 .. . Chool< 1MI200t <·-·.: 2082 ... Wi!fiH11E.EvW .i>Onn IRA(6'1i1-llll) Coml)'l!o0!4ri.':;. : · ·i'J' Ounn~AA OML 44$ .·weus FARGO BASE ciM59 . ·Check · · 1 onr.lOOG' ... - 2121 .. -. Will am E. E.v&ht Bl!~dle-IAA (6781·2!17} c~mm~ --WEl.l.SFARGOBASE .. 94:5i: ·:-sPLIT'·: . . .. . \1\e..l.SFARGO EIAS& ~-M!9 z:::~:::~~~~gk Chool< 1 on1200; · · · · 2121 · W~:!!m E:. Gvans C.lil!lnt G11ry Beadht4AA 100.00 Chl!:tlo: . 10m200.P:: 2121 '!Mill•mi!.EVM.- .TotBI$Amount:20)XO.DD .: .: : ~SFAAGO EI.ASE-64S9'. 100.00 :· Chocl< . ,oni20D9: 2121 ·· 'IMIIamE.e:vairltl·: :. Uoerilet: Galy B~n-t!l"' (&.00~) . . . . ~B.u~e-IRAJNGZl-1 : ·: v.eLLSFAAGO BASE-·9-159·. 100.00 : Chook 1n/T/ZliiJI: · · ~121 'Miiom E. ev.n. : Boodlo-tRA·(6711~B7) Commlo>lon : ..i'J'Btadt-IRALFG568 ··WEllS FAAGO !!ASE-l Cc: wrogers@retirementvalue.com; sendmegoodnews@yahoo.com; 'Sansing Edmond' ; bcollins@retirementvalue.com Subject: RE: FW: Research So everyone is up to speed. This is a prospective licensee doing some research before the meeting next week in Seattle. I emailed him back that he should should defer to the licensee inviting him and that the owner of the company and myself will be there in person next week to answer any and all questions he may have. This licensee was recruited by AI Green with a very generic email he sent out that was approved. Any questions, call me. The agenda for next week will follow soon. Thank you, Tracy Tracy E. Moss, LUTCF Director of Sales & Marketing Retirement Value, LLC 457 Landa St. Suite B 1 New Braunfels, Texas 78130 T: (830) 624-8858 C: (210) 373-9707 F: (866) 778-9981 tmoss@retirementval ue.com CONFIDENTIALITY NOTICE --The documents and information accompanying this electronic transmission contain information belonging to Retirement Value, LLC that is confidential and/or legally privileged under Federal privacy laws. It is intended only for the exclusive use of the addressee. If the reader of the message is not the intended recipient, or the employee of agent responsible for delivering it to the intended recipient you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us by telephone immediately. Unauthorized interception of this electronic transmission is a violation of federal criminal law. -------- Original Message -------- Subject: FW: Research From: "Dick Gray" Date: Fri, November 13, 2009 5:12am To: , Cc: 1 , "'Sansing Edmond"' With special thanks to Wendy for her thoughtful follow-up ... This needs to be fixed immediately. As of this e-mail, it seems we do not know where the language in this specific event invitation originated. As soon as we find out, schedule a public flogging Tracy and I can witness as soon as we arrive in Seattle. EXHIBIT RVR020617 441 Dick Gray President I CEO Retirement Valuer LLC 457 Landa Streetr Suite B, New Braunfels, TX 78130 P.O. Box 310635, New Braunfels, TX 78131-0635 (830) 624-8858 ofc (866) 498-4644 fax (210) 392-3550 mobile rgray@retirementvalue.com CONFIDENTIALITY NOTICE --The documents and information accompanying this electronic transmission contain information belonging to Retirement Value, LLC which is confidential and/or legally privileged under Federal privacy laws. It is intended only for the exclusive use of the addressee. If the reader of the message is not the intended recipient/ or the agent or employee of an agent responsible for delivering it to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited by law. If you have received this communication in error, please notify us by telephone immediately. Unauthorized interception of this electronic transmission is a violation of Federal criminal law. -----Origina I Message----- From: Wendy Rogers [mailto:wroqers@retirementvalue.com] Sent: Thursday, November 12 2009 9:42 PM 1 To: bcollins@retirementvalue.com Cc: 'Dick Gray'; tmoss@retirementva lue.com Subject: FW: Research Below is an email that I requested Mr. Harter to send me after our conversation today. He had mentioned that there was a sentence in the email he had received for the invitation to the event on the 17th that caused him some concern. I will clarify with him who it was sent by 1 since I believe both AI Green and Victor Cruz were sending invitations out. Maybe Tracy can help us narrow it down to who sent the invitation ... Thanks! Wendy Rogers Vice President, Administration & Services (830) 624-8858 office (210) 363-2910 cell CONFIDENTIALITY NOTICE-- The documents and information accompanying this electronic transmission contain information belonging to Retirement Value/ LLC which is confidential and/or legally privileged under Federal privacy laws. It is intended only for the exclusive use of the addressee. If the reader of the message is not the intended recipient! or the agent or employee of an agent responsible for delivering it to the intended recipient/ you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited by law. If you have received this communication in errorr please notify us by telephone immediately. Unauthorized interception of this electronic transmission is a violation of Federal criminal law. -----Original Message----- From: Richard Harter [mailto:r.harter@comcast.net] Sent: Thursday/ November 12, 2009 6:32 PM To: Wendy Rogers Subject: Re: Research Thank you for taking the time to have a discussion with me this afternoon. RVR020618 442 As you know, impressions are everything. We can send out the wrong impressions even when it may be appropriate to use certain language, or at least language the seems to be compliant. Here is the language in the invitation that caused my antenna to go up. I assume this phrase is approved by your compliance department because the top of the invitation has your logo. This is just my observation. "Low investment minimum of 25K. Traditionally available only to institutions, city/state pensions, and accredited investors ... it has only recently become available to the general public." In your case, all of that may be true. If you look at the phrase it is a take away phrase. A phrase of exclusivity. A phrase to pull someone in that perhaps should not be pulled in. It is a phrase that would indicate there is a return "investment" on the dollars invested. It says that only "accredited investors" have had access to the product. Most people do not know what a "accredited investor" is or what the qualifications are to be one. It does not say, minimum premiums $25,000, it says "minimum investment." It would lead me to believe it is a product that is supervised by the SEC and the NASD and it has a prospectus I can read, when in fact it is not a securities. It is supervised, I would assume, by the Insurance Commissioner of each state beings it is insurance based and only requires an insurance license to sell. To me it is misleading. " ... it has only recently become available to the general public" might be true, but it is a typical phrase I have seen used with ponzi schemes and such. A phrase that was used the put a lot of people in jail. What I tell my agents is to never pump up the great product that we have. It is good enough and has no need to be pumped up. I may be over sensitive to this terminology because I looked at and investigated, the company, legal firms and the escrow company for an investment product that looked like it was a good product. For me I declined participating in the sale of the product because I could not follow the money all the way in and back out to the investor. There were too many things hidden behind closed doors. They used the phrase, "traditionally available to ... and now available to you" as welL When you are dealing with regulatory agencies, we need to be careful about the language that we use so that we are not recategorized in a way that makes life more difficult. I would assume you do not want your product to be a security. I am looking forward to next week. Just some of my thoughts. Best Regards, M/DRP Marketing Services, Inc. Richard L. Harter, CPM, CSM, CRES President/CEO 206-478-3507 www.rh.LEBAmerica.com -----Original Message ----- From: "Wendy Rogers" To: Sent: Thursday, November 12, 2009 11:01 AM RVR020619 443 Subject: RE: Research Will get back with you later this afternoon. Talk to you soon! Wendy Rogers Vice President, Administration & Services (830) 624-8858 office (210) 363-2910 cell CONFIDENTIALITY NOTICE-- The documents and information accompanying this electronic transmission contain information belonging to Retirement Value, LLC which is confidential and/or legally privileged under Federal privacy laws. It is intended only for the exclusive use of the addressee. If the reader of the message is not the intended recipient, or the agent or employee of an agent responsible for delivering it to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited by law. If you have received this communication in error, please notify us by telephone immediately. Unauthorized interception of this electronic transmission is a violation of Federal criminal law. -----Orig ina I Message----- From: r.harter@comcast.net [mailto: r.harter@comcast.net] Sent: Thursday, November 12, 2009 8:25AM To: wrogers@retirementval ue.com; r. harter@comcast. net Subject: RE: Research Wendy, I appreciate your response. I am looking forward to your phone call. I will be available this afternoon after 3:00pm. My morning is booked. Best regards ... Richard Harter 206-478-3507 Sent from my Verizon Wireless mobile phone ------Original Message------ From: Wendy Rogers To: Date: Thu, Nov 12, 12:14 AM -0600 Subject: RE: Research Mr. Harter, I appreciate your inquiry and the fact that you would like to attend the meeting on 17th fully prepared. At the moment we do not provide information online to the general public due to the highly regulated environment we operate in. I was cc'd on an email by Tracy Moss on her response to your email, as she and Dick Gray will be assisting and presenting at the meeting in Washington. However, as one of the owners of Retirement Value, I would like to take the RVR020620 444 opportunity to speak to you via telephone to answer your questions prior to the meeting. Going back and forth via email with questions and answers will probably not be an efficient use of your time. I will give you a call tomorrow late morning to answer your questions. Have a great evening! Wendy Rogers Vice President, Administration & Services (830) 624-8858 office (210) 363-2910 cell CONFIDENTIALITY NOTICE-- The documents and information accompanying this electronic transmission contain information belonging to Retirement Value, LLC which is confidential and/or legally privileged under Federal privacy laws. It is intended only for the exclusive use of the addressee. If the reader of the message is not the intended recipient, or the agent or employee of an agent responsible for delivering it to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited by law. If you have received this communication in error, please notify us by telephone immediately. Unauthorized interception of this electronic transmission is a violation of Federal criminal law. From: Richard Harter [mallto:r.harter@comcast.net] Sent: Wednesday, November 11, 2009 10:10 AM To: rv@retirementvalue.com Subject: Research As you know your Retirement Value LLC site is only for those that have the password, etc. What do you have available on-line to do some due diligence, both on your organization and on the product that you are promoting? I plan on attending a presentation in Seattle on the 17th and would like some due diligence and the ability to get up to speed some before that meeting. Best Regards, RVR020621 445 M/DRP Marketing Services, Inc. Richard L. Harter, CPM, CSM, CRES President/CEO 206-478-3507 www. rh .LEBAmerica .com RVR020622 446 From: Dick Gray. Sen\:1/11/2010 5:18AM. ·~···~~~··--~·--··-~~~~·-~~---~---~-~-~~----«~-----~----~~~.--~~~·----~ --- -----·----~-----------··--------------------------· To: Nick@FreestoneCaphal.com. •~-~--~-••«••---•~••--••••~-----~• ••m••-•~·•~m•~-~-•-•«•~~-•-•••••••• ~~:~-----~ mike@mabri_o:C:Om·•.- .. ··~-----·-··-·· ··---···-······-······~··----~----···-·-···---·~---······"·-·-------- Bee: ~~---'!!~-~~y R~g;rs: B_~:~~ Collins: Casi:.~ora!;~s~.~~- Subject: Actionable e-mail comments. .. r-~~~·;··.yc.·=:<'Cmc=="==='"""'="'····mmwc~.·ceoecec.·c•euc-<.· w~·-.K"o==FC,=H=eCC"'C=""""·"'=="'·=='''''''""'''""=-~-.--~-~~l! I I already know what my attorneys are going to say: they'll believe a useful preliminary process would be for you to visit with me directly and personally about the comments in your e-mail below. That will allow you to explain your position and points of view about us- and why you feel justified expressing such untrue and damaging views about us so openly in such a public way. Such an exchange also will give me a chance to tell you directly the truth about Retirement Value versus the incorrect information you now possess from whatever secondary sources. The preliminary visit(s) you and I have will determine what additional steps Retirement Value will be compelled to take to protect its reputation from falsehoods such as yours. I am easily reached by e-mail@ rgray@retirementvalue.com or by phone@ (21 0) 392-3550. What happens next is largely your "call" (no pun intended) but if I were you I would not linger very long on this matter. Dick Gray President I CEO Retirement Value, LLC 457 Landa Street, Suite B, New Braunfels, TX 78130 P.O. Box 310635, New Braunfels, TX 78131-0635 (830) 624-8858 ofc (866) 498-4644 fax (21 0) 392-3550 mobile rgray@retirementvalue.com CONFIDENTIALITY NOTICE- The documents and information accompanying this electronic transmission contain information belonging to Retirement Value, LLC which is confidential and/or legally privileged under Federal privacy laws. It is intended only for the exclusive use of the addressee. If the reader ofthe message is notthe intended recipient, or the agent or employee of an agent responsible for delivering it to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited by law. If you have received this communication in error, please notify us by telephone immediately. Unauthorized interception ofthis electronic transmission is a violation of Federal criminal law. From:Nick Cicero [mailto:Nick@FreestoneCapitaLcom] Sent: Friday, January 08,2010 4:38PM To: Michael Sommers Cc: Bob Mellon Subject RE: Referral from EXHIBIT '1 RVR016335 447 Because "Retirement Value is very shady. At best, it's less than fair. At worst, it's a ponzi scheme/outright fraud. I'm surprised someone felt confident enough to approach a firm of our stature and integrity with such a clearly deceitful offering. Nick Cicero, CAIA Senior Portfolio Manager- Alternative Investments 1- From:Michael Sommers [mailto:mike@mabrio.comi Sent Friday, January 08,20101:50 PM To: Nick Cicero Subject: RE: Referral from Bob Mellon Any particular reason? Mike Sommers- President Email- Mike@Mabrio.com Web- www.mabrio.com Mobile- 503.502.6879 From:Nick Cicero [mailto:Nick@FreestoneCapital.com] Sent: Friday, January 08, 2010 1:45 PM To: Michael Sommers Subject: RE: Referral from Bob Mellon Sorry, Mike, it's a pass for us. RVR016336 448 Nick Cicero, GAIA Senior Portfolio Manager- Alternative Investments From:Michael Sommers [mailto:mike@mabrio.com] Sent: Friday, January 08,2010 1:43PM To: Nick Cicero Subject: RE: Referral from Bob Mellon Nick- Any questions about the data I sent over? Mike Sommers- President Email - Mike@Mabrio.com Web- www.mabrio.com Mobile- 503.502.6879 From:Nick Cicero [mailto:Nick@FreestoneCapital.com] Sent: Monday, December 21,2009 3:39PM To: Micheal Sommers Subject: RE: Referral from Bob Mellon Mike -I will review and revert in the next few weeks. Nick Nick Cicero, GAIA Senior Portfolio Manager- Alternative Investments RVR016337 449 From:Micheal Sommers [mailto:mike@mabrio.com] Sent: Thursday, December 17, 2009 9:38AM To: Nick Cicero Subject: RE: Referral from Bob Mellon Nick- Understandable. I've attached a few basic marketing pieces. Shall! follow up with you at a later date? Mike From:Nick Cicero [mailto:Nick@FreestoneCapital.com] Sent: Thursday, December 17,2009 9:29AM To: Micheal Sommers Subject: RE: Referral from Bob Mellon Michael-Thanks for reaching out. Could you please send me more information first? I receive multiple unsolicited investment offers daily and don't have time to sort through them all. Nick Nick Cicero, GAIA Senior Portfolio Manager- Alternative Investments From:Micheal Sommers [mailto:mike@mabrio.com] Sent: Wednesday, December 16, 2009 2:18 PM To: Nick Cicero Subject: Referral from Bob Mellon Nick, I had a conversation with Bob Mellon last week about a non-market correlated alternative investment product I've been working with recently. He informed me the returns and non-correlated nature of the asset were in the target area of what several of his clients were looking for and asked me to speak with you regarding the product and its specifics. Is there a time we can get together to discuss it? Regards, Michael Sommers RVR016338 450  Partner, Business Director Email I mike@mabrio.com Mobile I 503.502.6879 www.mabrio.com l. . . . . . . . . . . . .. •••• • •• •••••••••••••••_••_••,•.c_•_•,•,•,•nu.•.-,•.•,•,•,•,•,••_•_•,•.•,•_•,•,•,•,•n~---·.•,•, ,•,•,•,•,•,•, ......-••••.•,•,•,•,•,•,•,•,•,•,•,•,•,•.-.-,•,•_•,•,•,•,•,•,•,•,•,•,•,•_•,•_•,•,•,•,• .,.,:! RVR016339 451 452 Statewide Scheduling * Legal Video * Internet Repository Page 1 IN THE DISTRICT COURT OF TRAVIS COUNTY, TEXAS ---------------------------------------x STATE OF TEXAS, Plaintiff, Cause No. vs. D-1-GV-10-000454 RETIREMENT VALUE, LLC, et al., Defendants. JAMES SETTLEMENT SERVICES, LLC, et al. Third-Party Defendants ---------------------------------------x DATE: January 25, 2013 TIME: 9:07 a.m. Videotaped Deposition of: JEREMY GRAY VOLUME I called for oral examination by counsel for Third-Party Defendants, pursuant to Notice, held at the office of BUCHANAN INGERSOLL, Two Liberty Place, 50 South 16th Street, Suite 3200, Philadelphia, Pennsylvania, before CORINNE J. BLAIR, a CRR, CCR, RPR, CLR, of AcuScribe Court Reporters, and a Notary Public for the Commonwealth of Pennsylvania. AcuScribe Court Reporters, Inc. EXHIBIT (800) 497-0277 g c4a~llllllllllillllllllllllllllllllillllllilllllllllllllllllilll!ld~14 453 Statewide Scheduling * Legal Video * Internet Repository Page Page 96 1 be me and Katie, or me and -- we brought on an Q Were the investors being told that when 2 assistant to help me with the policies, the payment they paid their money -- well, strike that. 3 of the policies, so I could start architecting the What were the investors being told 4 app. would happen to their money and what it would be 5 And so these meetings became more used for, in terms of policies, once they sent it in 6 increasingly absent of Dick and Wendy. toRV? 7 And Brent and I both shared the same MR. SMITH: Object to the form. 8 concern, and talked about it on more than one MR. GALANT: Objection to form. 9 occasion. I mean, that we need to have money from THE WITNESS: It's probably not a question 10 policy A that comes in. That's the only money that for -- up my alley. But I -- my perspective on 11 goes to pay for the purchase price of policy A, not it was that the investors were being told that 12 X andY coming over here and-- it was very their money would go into a separate, 13 confusing. And it just seemed -- it seemed segregated sub-escrow account that would remain 14 ridiculous. And I challenged them on it, and said, in there for the payment of the premiums for 15 well-- I challenged Dick and Wendy on it, and that policy, solely that policy. 16 said -- this is right around that BYMR. THOMAS: 17 December million-dollar payment. And they were Q Okay. Let-- I might have used the wrong 18 stressed out of their mind. Ron was putting a lot 18 word, "told" instead of"understood." Ask the same ~"-~ 1 9 of pressure on them. He was saying, we're going to 19 question slightly different ~ 2 0 pull this policy if you don't get me a check right · 20 What did you understand was supposed 21 now, and pay the money for this. So Brent and I !21 to happen with that money in a particular sub-escrow '~ 2 2 were on the same page, for sure. 2 2 account, vis-a-vis, what policies it could be used .l 23 I asked Dick and Wendy. I said, 2 3 for? ~ 2 4 we've got to start taking money from policy A, and 24 A Well, I guess my understanding would be ~ 2 5 that's the only money that goes to pay for the 2 r---~~~=-~~~~~~~~~~~~~--------~~--~~~~~~~~~~~~~~=-~~~------~~ 5 that-- well, like I said, I don't know if-- let me ~ Page 95 Page 97 ~ tl 1 2 purchase price of policy A. And the answer I was given from the owners was, we owe Ron a lot of money 1 2 see how to phrase this. It was my understanding that the i;; 3 on this line of credit. We can't rock the boat and 3 investors were told that the money in the sub-escrow iF. 4 5 start dictating to Ron how we're going to run our business. 4 5 account for that policy that they had participated in would be used only for the premium payment of I 6 Q Okay. The-- was the concern-- tell me 6 that policy. "a 3 7 -- well, was this consistent or inconsistent with 7 Q Okay. ~ ~ 8 what the investors were told those sub-escrow 8 A I don't know if that answers your a 9 accounts would be used for? 9 question. ~ il 10 11 MR. SMITH: Object to the form. 10 Q Yes. And so was part of the reason you-- "tl MR. GALANT: Objection to form. 11 well, why did Mr. -- what did Mr. -- what did you " 12 13 MR. THOMAS: Strike that BY MR. THOMAS: 12 13 understand Mr. Free's concerns were? A He and I were very much on the same page. I 14 15 16 Q Did this cause you any concern, vis-a-vis the investors, using the money this way? A Well, ifl was an investor, which I 14 15 16 I saw it -- dare I use the word Ponzi. That was not their intent I believe -- I truly believe this was I 17 18 19 20 21 wasn't, I would be a little concerned that some of the money coming in was going off to pay-- even though it would balance out when all the policies were fully subscribed, in the interim, I would be concerned that that money would be going to a 17 1 18 I 19 I 20 just ignorance, but you start crossing lines when you have money that's supposed to be going, you know, from an investor for this policy and using that money in the interim to pay for anything else. I 21 That, to me, was a violation of just basic, you 22 different policy's purchase price, yes. 22 know, 101. You know, investment 101. 23 Q And were-- 23 Q Okay. 24 MR. SMITH: Objection. Non-responsive. I 24 A That just-- you don't do that, I guess, '· ] 25 BY MR. THOMAS: j 25 in my -- in my mind at least. '""rn-• ""~j 25 (Pages 94 to 97) AcuScribe Court Reporters, Inc. (800) 497-0277 c4a5cb66-6ddd-434 7 -af3d-aa9134c4a414 454 Statewide Scheduling * Legal Video * Internet Repository Page 230 Page 232 ~ 1 something in the material for that. And I, you 1 A Correct. 2 know, received a lot of pressure, I guess. You 2 Q Okay. And so, do you remember that the 3 know-- you know, we don't want to-- at that 3 average LEon the RV portfolio was roughly 54 4 time, I don't even think RV had a backup plan 4 months? 5 should these run long. 5 A That sounds about right, sure. 6 So, urn, I-- where do you begin with that? 6 Q Okay. And so if AVS and 21st or, let's 7 I mean, it's-- they didn't even have legal 7 say, ifthat's 200 percent too short, then that 8 documentation on how they were going to collect I 8 would bump that up to, you know, being from 9 that money, how they were going to enforce. 9 four-and-a-halfyears to nine or more years? 10 I remember conversations with Dick and 10 A Correct. 11 Wendy saying, well, what ifRV were to buy them jn Q And then there still wouldn't be-- there 12 back if nobody wants to carry those policies. 112 wouldn't be a 95 percent chance that the person ~ 13 What if we just buy them back and get them off 13 would be dead by nine years. It would be a 50/50 ~-l 14 the hook. You know, that's something we can 14 chance; is that right? - 15 do. 15 MR. GALANT: Objection to form. ~ 16 So it was -- it was really all over the 16 MR. BENNETT: Object to the form. ~ 17 place. j 17 THE WITNESS: Based on A VS or 24 -- or the ~ 18 BY MR. THOMAS: i 18 longer LEs, yes, that would be correct. g 19 Q Okay. What-- i 19 BY MR. THOMAS: i 20 MR. THOMAS: Let's go ahead and mark that ! 20 Q Let me say it a different way. ~ 21 real quick. And then I'll ... i 21 So, you know, under that example, J 22 (Exhibit-6, E-mail, was received and I 2 2 what would be the chance of somebody dying in that ~ 23 marked for identification at this time.) 2 3 ninth year? =_~·:. 2 4 BY MR. THOMAS: 24 A Based on which LE? : _2_5 1 _____Q~~fu~s~u=m~m=a~zy,,~r~·m~n=o~t~g~iO~in~lg~t~o~a~sk~YLio~u~a=n~y ____ ~2_5 ____ ~Q~A~V~S~an~d~2~1~st~·----------------------~~ Page 231 Page 233~ 1 questions on it, really. I just want to get it in 1 A Coin toss. 1 2 the record. 2 Q Okay. And so under the RV model, if J 3 Is Exhibit 6 an e-mail where you're 3 Midwest is short and it lasts more -- not the 4 explaining this exponential growth and the premium 4 four-and-a-halfyears, as RV said, but nine or more 5 6 costs to Wendy Rogers? A Okay. So this-- this part here? 5 6 years, then the premium reserve from RV will have run out several years before the 50/50 chance of the 1 7 Q Yeah. I think the whole thing is she 7 person dying. Is that what you're saying? 8 starts out asking you questions on how it works and 8 MR. SMITH: Objection. Form. 9 stuff, and then the end of it is you're explaining 9 THE WITNESS: Yes. 10 it up there at the top. 10 BY MR. THOMAS: 11 A Can I take a minute to read it? 11 Q Okay. And so if the LEs are that much 12 Q Sure. 12 short, what do you think the chances are, given your 13 A Okay. 13 knowledge of how premiums increase, that these 14 Q Is Exhibit 6 an e-mail from you to Wendy 14 policies would get in a position that they were 15 Rogers and to Dick Gray and Marissa Kane explain-- 15 losing money? 16 I'm sorry. That's right. 16 MR. GALANT: Objection to form. 17 Is that an exhibit explaining to them ! 17 THE WITNESS: Can you restate the 18 how the cost of the premiums will increase over 18 question? 19 time? 19 BYMR. THOMAS: 20 A Yes. I believe -- yes, to answer your 20 Q Yeah. 21 22 23 question. Q Okay. And it will increase a little more than they otherwise would, because RV was trying to 21 22 23 If the Midwest LEs were really, you know, give or take, four or five years short -- A Okay. Ig H 24 engage in what's called premium optimization; is 24 Q --what would be the chances of the ~ 25 that right? 25 investors you know after having to pay their ~ 59 (Pages 230 to 233) AcuScribe Court Reporters, Inc. (800) 497-0277 c4a5cb66-6ddd-4347-af3d-aa9134c4a414 455 Statewide Scheduling * Legal Video * Internet Repository Page 2341 Page 236 1 premiums at these escalating rates, getting a I I 1 A 2009. ' I 2 positive return, in your view? I 2 Q And is Mr. Gray telling you all about the 3 MR. GALANT: Objection to form. 3 -- that the -- and I'm looking down here at the -- I 4 5 THE WITNESS: I can say this; that there's a very high likelihood that the return, the I 54 guess it's maybe the next to the last sentence in the first bullet point that qualified money already 6 expected return, baseline standard, or whatever 6 is structured as a loan, because of IRS 7 you want to call it, it was 16 percent or so. 7 prohibitation of-- prohibition against qualified 8 I could say with certainty that that would -- 8 money owning an insurance contract. That's 65 to 9 very high likelihood that that would be 9 75 percent of our volume. So what about the up to 10 substantially less. 10 35 percent of our cases that are not qualified 11 And I guess the term in the industry is 11 action. We will revert to the, quote, loan, closed 12 tails. If you have a policy that, you know, 12 quote, language we always used under another company 13 based on the law oflarge numbers, runs a tail 13 name. All participants will be making loans as 14 or extends out and runs really long, then 14 tenders and earning interest income to be taxed as 15 there's a very good likelihood that, you know, 15 ordinary income. 16 the original capital can be depleted. 16 Do you see that? 17 BY MR. THOMAS: 17 A Yes. 18 Q Okay. All right. I think this is the 18 Q Was that your understanding that the way 19 last little -- two little things here and we might 19 the program was structured, that the investors were 20 be done. 20 loaning Retirement Value to buy the-- the money to 21 (Exhibit-7, E-mail, dated September 24, ·21 buy the policies with? 22 2009, was received and marked for 22 A To the best of my knowledge, that was my 23 identification at this time.) 23 understanding ofit, yes. 24 BY MR. THOMAS: 24 Q And this e-mail is-- makes that point; is 25 Q Let me hand you Exhibit 7, and I'll give 25 that fair to say? Page 235 Page 237 1 you a chance to review it. You can review all of it 1 A Yes. 2 that you want, but I'm just going to ask you 2 Q And it's copied to Ron James, John-- Don 3 questions about the -- what's in the first two 3 James and Mike Beste? 4 bullet points there. 4 A Yes. 5 Are you fmished reviewing that? 5 MR. BENNETT: Object to the form. 6 A Yes. 6 BY MR. THOMAS: 7 Q Okay. Is Exhibit 7 an e-mail from Dick 7 Q Okay. All right. 8 Gray to-- it says Dick Gray, but it's also got a 8 MR. THOMAS: Last exhibit. 9 BCC to yourself, Ron James, Don James and Mike 9 (Exhibit-8, E-mail, dated December 12, 10 Beste. 10 2009, was received and marked for 11 A And Kendal, Marissa, Mike McDermott. You 11 identification at this time.) 12 mean this whole thing here? 12 BY MR. THOMAS: 13 Q Yeah. Butljust --there's 13 Q The court reporter's handed you what is 14 Mr. Beste and-- 14 Exhibit 8. It's several e-mails in this chain, but 15 A Okay. Don, sure. 15 the only one I have a question about for you is the 16 Q --Ron-- Ron and John down there. 16 one from Michael Beste there at the top that you're 17 MR. BENNETT: Object to the form. 17 copied on. 18 BYMR. THOMAS: 18 A Okay. 19 Q Is Exhibit 7 an e-mail from Dick Gray 19 Q So feel free to review whatever you would 20 that's got a blind carbon copy to yourself, Ron 20 like, and let me know when you're done, and I'll ask 21 James, Don James, Mike Beste, among others? 21 you a question. 22 A Yes. 22 A And this is the Focus? 23 Q And what's the date of this e-mail? 23 Q Yes, sir. 24 A September 24th. 1 24 Do you want me to review all of this 25 Q Whatvear? 1 25 or iust -- 60 (Pages 234 to 237) AcuScribe Court Reporters, Inc. (800) 497-0277 c4a5cb66-6ddd-4347-af3d-aa9134c4a414 456 ----~~~------------------ ----- Statewide Scheduling * Legal Video * Internet Repository Page 310 Page 312 ~ g 1 credit. 1 policy? 2 Q So those two tweaks to the system, if you 2 A Yes. 3 will, could have been made, or could have been 3 Q And that system could have been set up 4 followed at the outset, or could have been made to 4 through the coordination between RV and Keisling 5 the system at the outset to -- to prevent the 5 Porter? b~~~'t ~ 6 pressure that you were receiving from Ron concerning 6 7 slow payment -- 7 AQ need Ron James' consent or not to 8 A You mean sooner? 8 that? ~ 9 Q Yes. 9 A Correct. ~, 10 A Oh, yeah. That could have been that way 110 Q And if that system had been set up from ~ 11 from day one. In the outset, then the payment of policies from Ron ~ 12 Q Yeah, from day one. 112 James would have gone more smoothly, and there would ~ 13 A I mean, since they were already violating iu have been no allocation of one investor's money to ~ 14 escrow account rules, you know, they could have been 114 another investor's policy? N 15 structured that way from the onset to, you know, 115 A Correct. ~ 16 make it a whole lot smoother. 16 Q And again, all of that could have been ~ 17 Yes, I would agree. 17 accomplished if it was set up that way by RV and ~ 18 Q Right. So ifDick and Wendy had made 18 Keisling Porter from the very beginning? ~ 19 those adjustments, or at least set it up that way in 19 A I would say that's accurate, yes. a 20 the beginning to make sure that there was no mixing 20 Q And when it was determined that it wasn't ~ 1 21 and matching of investor escrow money, then you 21 set up that way, and there was a misallocation of ~ 22 wouldn't have had the mixing and matching of escrow 22 monies within the escrow account, after that was !": 23 money -- 1 23 known to Keisling Porter, did Keisling Porter c 24 A Yes. 24 continue to wire money out of one escrow account for ~ 1 25 Q -- nor would you have had the financial 1 25 the benefit of another investor's policy? : ~---~--~~~~~~~~~-------------~.~---------~--~----------~-&------------i; Page 311 I Page 313 ~ 1 pressure from Ron James to get the money for his [ 1 A Yes. That was never misunderstood by ~ 2 policies. I 2 anybody. ~ 3 A And that was my next suggestion. You 3 Q Misunderstood -- by misunderstood, you 4 could probably verify that with Brent. 4 mean everybody knew that that was not the right 5 Like I said before, towards the end, 5 thing to do? 6 he and I were very much -- and Kristin, I believe 6 A Yes, that would be accurate. And it was 7 her name was, at Keisling. We were all very 7 known that that was happening. It wasn't malicious 8 concerned with the commingling, you know, using this 8 or intentionaL It was-- you know-- the theory, 9 premium to pay that purchase price. l 9 again, that Ron James had said to me is, well, it 10 And so you really could have set it ! 10 doesn't really matter, because once that last dollar 11 up so that policy X money goes right to policy X 11 for that policy crosses the threshold, you know, I'm 12 purchase price. You could have still used the same 12 paid. There's full premium reserves. And it all 13 model that I suggested for you. You build up a 13 balances out in theory. And I understand that 14 reserve, and then you pay Ron. And then you 14 argument, but I also understand the, you know, 15 continue building a reserve when he was paid. I 15 so-called Ponzi scheme, where you're using funds 16 So at the end, you still have all the 116 i 17 from somebody else's investment to pay for a policy 17 premium money that should have been there. You just that they're not even a part of. 18 do it in little chunks, you know -- hs Q Right. 19 Q Right. 19 A So I do see it from both sides, but I 20 A --instead of linear, it becomes more-- 20 would agree with you. 21 kind of expedientially. 21 Q But Ron is not setting up the Ponzi 22 Q So RV, working with Keisling Porter, could I 22 scheme. The Ponzi scheme could have been eliminated ! 23 have set up that process at the outset, which would !23 from the very beginning if the proper approach had 24 have avoided the ultimate problem of using one 24 been established from the outset. 25 investor's monev to oav for another investor's 1 25 MR. THOMAS: Obiection. Form. 79 (Pages 310 to 313) AcuScribe Court Reporters, Inc. (800) 497-0277 c4a5cb66-6ddd-4347 -af3d-aa9134c4a414 457 MICHAEL WOODS Non-Confidential February 12, 2013 TEXAS vs. RETIREMENT VALUE 1-4 Page 1 Page 3 NO. D-1-GV-10-000454 INDEX 2 STATE OF TEXAS ) IN THE 126TH JUDICIAL 2 PAGE 3 vs. ) ) 3 Appearances ...... ................. .... 2 4 Retirement VaiGe, LLC, l 4 MICHAEL WOODS RICHARD H "DICK" GRAY 5 HILL COUNTRY FUNDING',L C,) L 5 Examination by Mr. Smith............. 6 Examination oy Mr. McConnell......... 162 A Texas Limited Liability) Examination by Mr. Galant............ 370 6 Company, HILL COUNIRY ) 6 Further Examination by Mr. Smith..... 409 FUNDING, a Nevada Limited) Further Examination by Mr. McConnell.. 441 7 Liabilitv Company, and ) 7 Further Examination by Mr. Galant.. ... 446 WENDY ROGERS ) 8 8 VS. ) ) DISTRICT COURT OF 9 9 Signature and Changes ................... 448 JAMES SETTLJMENT SERVICES) 10 LLC, et al ) TRAVIS COUNTY, TEXAS 10 Reporter's Certificate................... 450 11 -Jcct"'-*""'"""'"""'"'"'"'"""'"'""' ..""*'"'"'**"*"'""*• .......... ************ 11 PORTIONS OF THE TRANSCRIPT HAVE BEEN DESIGNATED AND ARE NON-CONFIDENTIAL PORTION OF THE BOUND SEPERATELY 12 ORAL AND VIDEOTAPED DEPOSITION OF 12 MICHAEL WOODS 13 FEBRUARY 12,2013 13 ******"'***"'*********i<-Hc*****;l;'.,....,*""*"'"'"' .."'"'"""'""'""* 14 14 15 ORAL AND VIDEOTAPED DEPOSITION OF MICHAEL WOODS, 15 16 produced as a witness at the instance of the Defendant, 16 17 and duly sworn, was taken in the above-styled and 17 18 numbered cause on the 12th of February, 2013, from 9:00 18 19 a.m. to 8:17p.m., before Janalyn Reeves, CSR in and for 19 20 the State of Texas, reported by method of machine 20 21 shorthand, at the offices of Fulbright & Jaworski, 98 21 22 San Jacinto, Suite 1100, Austin, Texas, pursuant to the 22 23 Texas Rules of Civil Procedure and the provisions stated 23 24 on the record or attached hereto. 24 25 25 Page 2 Page 4 APPEARANCES 1 v EXHIBITS 2 2 NO. DESCRIPTION PAGE 3 FOR THE WITNESS: RENTEA & ASSOCIATES 3 1 Online Personal Profile ............... 49 4 1sa&2 ~~ ~~~~:N RENTEA 4 2 Mr. And Mrs. Upline Article.......... 54 5 Austin, Texas 78701 5 3 Discovery Repsonses .................. 58 6 FOR THE DEFENDANT, WELLS FARGO: FULBRIGHT & JAWORSKI 6 4 Letter. ............................... 87 7 By: MR. RON SMITH 300 Convent Street 7 5 License Agreement... ................... 87 8 Suite 2200 8 6 San Antoni~ Texas 78205 License Agreement. ................... 90 9 PH: (210) z?0-7186 9 7 Letter .............................. 94 10 FOR THE RECEIVER: 10 8 GEORGE BROTHERS KINCAID & HORTON Letter. ................................ 98 11 1~rwr:!~t ft~~~~·t McCONNELL 11 9 Loan Agreement... ...................... 102 12 Suite 1100 Austin, Texas 78701 12 10 Loan Agreement... ...................... 113 13 PH: (512) 495-1400 Email. ................................. 123 13 11 14 FOR JAMES SETTLEMENT: McGINNIS, LOCHRIDGE & KILGORE, LLP 14 12 Email.. ................................ 128 15 16 0: B MR. CARL R. GALANT 6~uiao~w;~ss Avenue 15 13 EmaiL ................................. 131 Austin, Texas 78701 16 14 Email.. ................................ 136 17 PH: (512) 495-6081 17 15 Email .................................. 140 18 ALSO PRESENT: Mr. Gabe Seymour (Videographer) 18 16 Email. ................................. 143 19 Email. ................................. 150 19 17 20 20 18 Investor Questionnaire ................. 154 21 21 19 Re-Sale Life Insurance Policy Article .. 164 22 22 20 Brochure ............................... 168 23 23 21 SEC Article ............................ 187 24 24 22 Lunch Meeting Transcript.. ............. 199 25 25 23 Email. ................................. 223 458 MICHAEL WOODS Non-Confidential February 12, 2013 TEXAS vs. RETIREMENT VALUE 53-56 PaRe 53 Page 55 1 after they sign up with Amway, stays involved with t e 1 A Yes. 2 business? 2 Q. So is that something you did --something - 3 A. I don't know the averages. 3 things like that relatively frequently at gatherings 4 Q. Never heard any statistic like that? 4 with Amway potential sales people or actual sales 5 A. I have, but I don't recall. 5 people? 6 Q. What is a diamond? 6 MR. RENTEA: Objection; form. 7 A That is somebody whose helped other people 7 A In the large arena events, there was a voluntary 8 achieve successful levels. So that platinum level we 8 nondenominational Christian service on Sunday mornings. 9 just referred to, you've helped six individuals hit that 9 Q. (By Mr. Smith) Okay. And during those-- and in 10 platinum level. 10 those services, did you frequently make donations and 11 Q. So you've helped to be- just make sure I've 11 announce the amount of your donation to crowd? 12 got. To be a platinum independent business owner, you 12 A. Not that I can recall. 13 need to help six other people become platinum? 13 0. But on one occasion you did at least? 14 A To be a diamond you have to have six people hit 14 A. Yes. 15 the platinum level. 15 Q. So but that is accurate? 16 Q. And to be a platinum, it's just on production? 16 A I believe so. 17 A. It's on production. 17 0. Okay. 18 Q. Did you ever become a diamond? 18 A. My recollection is that I gave more. But that's 19 A. I did. 19 fine. 20 Q. Are you a diamond currently? 20 0. You may have given more than that? 21 A No. 21 A Uh-huh. 22 Q. How does one lose one's diamond status? 22 0. Yes? 23 A The people that went platinum go un-platinum. 23 A I may have given more than that. 24 Q. Go un-platinum. Okay. So prior to working with 24 0. And you would have announced that number to the 25 Retirement Value, you are very familiar already with 25 crowd? Page 54 Page 56 1 this multilevel marketing and up-line terms, correct? · 1 A I don't-- well, I did not always announce how 2 A Yes. 2 much I gave. 3 Q. So you felt pretty comfortable with how 3 0. But sometimes you did? 4 Retirement Value did a similar type setup for 4 A I know for sure one time I did. 5 compensation, right? 5 0. Okay. When you addressed the group of licensees 6 A Yes. 6 at Retirement Value, sometimes you would talk about your 7 Q. Now, I'm going to hand you Exhibit No. 2. This 7 success in business past to start off your 8 is just something that's out there on the internet which 8 presentations, correct? 9 references your name. 9 A Correct. 10 (Exhibit No.2 was marked.) 10 0. I believe you would talk about a Hawaiian home 11 Q_ (By Mr. Smith) You may have already seen it 11 that you purchased with cash -- 12 before. But this is something that someone decided to 12 A No, not with cash. 13 put out there called Mr. and Mrs. Upline. Have you seen 13 0. You didn't purchase it with cash? 14 this before? 14 A No, I never said that I did. 15 A. I have. 15 0. Okay. Great. Well, that's why we're here. We 16 0. I don't want to go through this thing. It's very 16 want to make sure that we get things right. And if you 17 long. I want to focus on something at the end of Page 17 didn't say it, then that's fine and thanks for 18 3, going on to Page 4. It says, "I recall attending a 18 correcting me. 19 function while Mike was giving the introductory message 19 But you discussed a Hawaiian home you purchased 20 to receive the offering during the Sunday morning 20 when you were pretty young, I believe? 21 service. He basically quoted a scripture in Malachi 21 A Yes. 22 that reads, 'The gods would bless you if you give, but 22 0. Maybe in your 20s? 23 you have to give to get.' Then he openly dropped his 23 A. 20s, 30s. Yeah. 24 envelope in the bucket announcing to everyone that it 24 0. And why did you feel it was important to discuss 25 contained $1 ,000." Did that actually happen? 25 your Hawaiian home with the group? ~ESQUIRE ~ ~ S 0 L U f t 0 G 800.211.DEPO (3376) EsquireSolutions. com 459 MICHAEL WOODS Non-Confidential February 12, 2013 TEXAS vs. RETIREMENT VALUE 291-294 Page 291 Page 293 1 Q. You don't recall whether it was James or RV or 1 co-beneficiary on record of the escrow agent." Do you 2 anybody? 2 see that? 3 A. I don't know if it was Dick Gray or Wendy Rogers 3 A. I do. 4 or Reid Thorburn. I had very limited contact with 4 Q. And this is a reputation that you were making to 5 Don James, as I said. I met him one time and kind of 5 potential investors and potential licensees, correct? 6 over coffee in line we visited. 6 A. I think to potential licensees. 7 MR. McCONNELL: Let's go ahead and take a 7 Q. So this PowerPoint presentation, at least the 8 break. 8 content of it or substantially similar content, was a 9 VIDEOGRAPHER: We're off the record at 9 presentation for substantially potential licensees? 10 4:14p.m. 10 A. Correct. 11 (Brief recess.) 11 0. It says further down that "All funds are held in 12 VIDEOGRAPHER: We are back on record at 12 escrow. Retirement Value LLC never handles the money." 13 4:25 p.m. 13 Do you see that? 14 (Exhibit Nos. 36-37 was marked.) 14 A. I do. 15 BY MR. McCONNELL: 15 Q. And is that the escrow account that we were 16 Q. The e-mail on top, RVR111457 is Exhibit 36. And 16 discussing with regards to Wells Fargo? 17 then the attachment to that e-mail is Exhibit 37. It's 17 A. It's Wells Fargo and Keisling together. 18 a PowerPoint presentation. Exhibit 36, Mr. Woods, is an 18 Q. Okay. And I think you made that clear earlier in 19 e-mail from Tracy Moss to Reid Thorburn and 19 your testimony. But that's what you're referring to in 20 Wendy Rogers. I guess you're not actually copied on 20 that section? 21 this e-mail anywhere. So I won't ask you about it. But 21 A. Yes. 22 Exhibit 37, do you recognize this document? 22 Q. Page 9 provides a list of percentages of 23 A. Yes. 23 commission and overrides that a licensee might expect, 24 Q. And is this the PowerPoint presentation that 24 correct? 25 Secured Financial Strategies created? 25 A. Yes. Page 292 Page 294 1 A. I can't remember if we used it in this form or 1 Q. And as far as marketing this product to potential 2 with different graphics. But, yes, this is a PowerPoint 2 licensees, do you believe the commission percentage that 3 that Secured Financial Strategies created. 3 Retirement Value was offering was important in 4 Q. Okay. Do you know whether you used this 4 licensees' decision to participate in the product? 5 PowerPoint presentation in marketing the Retirement 5 MR. SMITH: Objection; form. 6 Value product to potential licensees or investors? 6 A. I'm sure it what a bearing. 7 A. I can't recall. 7 Q. (By Mr. McConnell) Was it a competitive 8 Q. Do you know if you used the content of this 8 commission that Retirement Value was offering to 9 PowerPoint or substantially similar content as in this 9 licensees? 10 PowerPoint? 10 A. I think so. 11 A. I'm sure it was a substantially similar. 11 Q. Was the commission that was being offered part of 12 Q. And I will- to be fair, the e-mail from Tracy 12 the reason that you decided to participate in Retirement 13 to Reid says that, "The PowerPoint looks good except for 13 Value? 14 the word 'life settlement' at the end that needs to come 14 A. That they were going to pay me, yes. 15 out." Do you see that? 15 Q. Right. Of course. The potential for a 16 A. Yes. Yes. 16 multilevel marketing organization where you would earn 17 Q. So do you recall one way or the other whether 17 an override on people in your downline, was that also a 18 that word "life settlement" was taken out? 18 consideration for you in deciding to participate? 19 A. I don't recall. 19 A. It was a fascinating revelation -for me to find 20 Q. If you look on Page 10 of the PowerPoint, it 20 out the similarities in the insurance industry as there 21 looks likes it's scratched out and it says, "award" 21 was a multilevel. I didn't know it existed. I found 22 instead of "life settlement"? 22 that out earlier and this just continued. 23 A Okay. 23 Q. And you had been really successful in Amway under 24 Q. If you go to Page 7 ofthis PowerPoint, it says 24 the same sort of situation? 25 that, "The participant becomes in irrevocable 25 A Correct ~ESQUIRE ~ . S 0 k U T I g N 5 800.211.DEPO (3376) EsquireSofutions.com 460  Statewide Scheduling * Legal Video * Internet Repository 1 CAUSE NO. D-1-GV-10-000454 STATE OF TEXAS, IN THE DISTRICT COURT OF Plaintiff, vs. RETIREMENT VALUE, LLC, ET AL., TRAVIS COUNTY, TEXAS Defendants, JAMES SETTLEMENT SERVICES, LLC, ET AL., Third-Party Defendants 126TH JUDICIAL DISTRICT VIDEOTAPED ORAL DEPOSITION OF DANNY JOE WAKIN VOLUME 1 JANUARY 31, 2013 VIDEOTAPED ORAL DEPOSITION OF DANNY JOE WAKIN, produced as a witness at the instance of the Receiver of Retirement Value, and duly sworn, was taken in the above-styled and -numbered cause on the 31st day of January, 2013, from 1:04 p.m. to 4:19 p.m., before Kearby Rives, Certified Shorthand Reporter No. 7203 ln and for the State of Texas, reported by machine shorthand, at the law offices of Cox Smith Matthews, Inc., 1201 Elm Street, Suite 3300, Dallas, Texas 75270, pursuant to the Texas Rules of Civil Procedure and the provisions, if any, stated on the record or attached hereto. AcuScribe Court Reporters, Inc. EXHIBIT (800) 497-0277 /0 461  Statewide Scheduling * Legal Video * Internet Repository 12 (Pages 42 to 45) 42 44 1 Q. Is that correct? 1 foundation. 2 A. That's right. That's my understanding from 2 A. Yes. 3 what I read in the press. I don't have any inside scoop 3 Q. (BY MR. MCCONNELL) What was that reputation -- 4 or I don't know anybody at MMR, but from what I read in 4 MR. BENNETT: Same objection. 5 the press and talking to people in the industry, the 5 Q. (BY MR. MCCONNELL) -- that you learned? 6 opinions I shared are-- is where those opinions came 6 A. That -- the things I've shared, that they -- 7 from. 7 their LEs were aggressive and that they were much 8 Q. Did you -- B shorter than the rest of the industry. 9 MR. BENNETT: Objection, nonresponsive. 9 MR. BENNETT: Object to the -- 10 Q. (BY MR. MCCONNELL) Did you come to develop an 10 Q. (BY MR. MCCONNELL) At that point-- 11 understanding whether Midwest Medical was an outlier in 11 MR. BENNETT: -- lack of foundation, and 12 the industry? 12 nonresponsive. 13 MR. BENNETT: Object to the form and 13 Q. (BY MR. MCCONNELL) If you knew what you know 14 leading. 14 now about Midwest Medical, if you knew that back when 15 A. Yes. 15 you were deciding whether to provide funding for 16 Q. (BY MR. MCCONNELL) And what was that 16 Vertical capital Holdings, would you have agreed to 17 understanding? 17 provide such funding? 18 MR. BENNETT: Object to the form-- 18 MR. BENNETT: Object to the form; leading. 19 A. The-- 19 A. No. 20 MR. BENNETT: -- leading. 20 Q. (BY MR. MCCONNELL) And knowing what you know 21 A. The LE and ouUier, as I understand your 21 now about Midwest Medical, do you think that what 22 question, that MMR's output, their opinion as to 22 Vertical Capital Holdings planned to do using Midwest 2 3 someone's LE was generally shorter than the rest of the 2 3 Medical Review's life expectancies was ethical? 2 4 industry-- 24 MR. BENNETT: Object to the form; no 25 MR. BENNETT: Object-- 2 5 foundation. 43 45 1 A. -- the rest of the LE provider companies. 1 MR. HAMMOND: Objection, form. 2 MR. BENNm: Object to the form, no 2 A. You know, I don't know. I -- we wouldn't do 3 foundation, nonresponsive. 3 it. I wouldn't do it. 4 MR. MCCONNELL: Counsel, if you 4 Q. (BY MR. MCCONNELL) And why- sorry. 5 would re --your objections to form and to the form of 5 MR. BENNElT: Object to the form and 6 the question should be made after the question, not 6 leading. 7 after the answer. 7 A. Well, in my opinion it simply misrepresents the 8 MR. BENNm: Good point. So the 8 value ofthe policy, and I don't misrepresent valuations 9 objection was nonresponsive and no foundation. 9 on policies or-- so anyway, I wouldn't do it. 10 Q. (BY MR. MCCONNELL) Did you speak with other 10 MR. BENNElT: Objection, nonresponsive. 11 people in the life settlement industry about Midwest 11 Q. (BY MR. MCCONNELL) Did you ever confront 12 Medical? 12 Michael Beste about the fact that he was using Midwest 13 MR. BENNm: Object to the form. 13 Medical life expectancies to try to sell these policies? 14 A. I had conversations with others in the 14 MR. BENNElT: Object to the form and 15 business, yes. 15 leading. 16 Q. (BY MR. MCCONNELL) And did you have those 16 A. If I understand your question meaning to 17 conversations or some of those conversations while you 17 confront him in a -- in a negative sort of way over the 18 were- Surety Partners still had a business 18 MMR, no. At that point we were-- we had lent the money 19 relationship with Vertical Capital Holdings? 19 to him, so it was -- it was, you know, a discussion to 20 MR. BENNm: Same objection. 20 maybe be had before we lent the money, but-- so no. 21 A. Yes. 21 MR. BENNETT: Objection, nonresponsive. 22 Q. (BY MR. MCCONNELL) And did you-- did you I 22 Q. (BY MR. MCCONNELL) Did the-- did you have an 23 learn what the reputation of Midwest Medica I was among 2 3 understanding as to whether the folks that Vertical 24 the life settlement industry? I 2 4 capital Holdings was trying to sell the policies to were 25 MR. BENNm: Object to the form; no J 2 5 sophisticated or unsophisticated? i AcuScribe Court Reporters, Inc. (BOO) 497-0277 462  CAUSE NO. D-1-GV-10-000454 STATE OF TEXAS, § IN THE DISTRICT COURT Plaintiff, § § v. § § RETIREMENT VALUE, LLC, § ETAL. § OF TRAVIS COUNTY, TEXAS Defendants, § § AND § § JAMES SETTLEMENT SERVICES, § LLC,ETAL. § Third-Party Defendants § 126th JUDICIAL DISTRICT AFFIDAVIT OF JOHN W. THOMAS THE STATE OF TEXAS § § COUNTY OF TRAVIS § Before me, the undersigned authority personally appeared John W. Thomas, who, being by me duly sworn, deposed as follows: My name is John W. Thomas. I am of sound mind, capable of making this affidavit, and personally acquainted with the facts herein stated and they are true and correct based on my personal knowledge. I am an attorney licensed in the State of Texas for 21 years. My practice has consisted exclusively of litigation for that entire period of time and the vast majority of my cases have been complex commercial litigation matters. The firm I am a partner in, George & Brothers, LLP, entered into a contingent fee agreement with Eduardo S. Espinosa as temporary receiver for Retirement Value, LLC to represent the Receiver in connection with claims Retirement Value has against certain EXHIBIT 1 I I463 464 defendants and third-party defendants. That agreement calls for George & Brothers, LLP to receive 37.5% of all stuns we collect. In my opinion, a contingency fee of 37.5% is both reasonable and necessary considering the time and labor required, the novelty and difficulty of the questions involved, the level of skill required, the effect on other employment by the attorney, the customary fee, whether the fee is fixed or contingent, the time limitations imposed by the client or the circumstances, the amount of money involved and the results obtained, the experience, reputation and ability of the attorneys, the undesirability of the case, the nature and length of the attorney's relationship with the client, and awards in similar cases. The fee arrangement was also submitted to and approved by this court. The full contingency fee is payable regardless of the stage the litigation is in when the claims are resolved. Some cases are resolved early, by settlement or otherwise, while others are only resolved after many years of trial and appeals. I have had similar cases last 10 years and our firm has had similar cases last as long as 12 years. Contingency cases are also sometimes lost, in which case the attorney is not paid and is often out hundreds ofthousands of dollars in expenses. The chance of a quick resolution, as well as the chances of protracted trial, appellate, and collection work, are all factored in when considering the amount of the contingency fee. In this case, the proper balance was struck at 37.5%. This is an extremely complex case with many parties. There is already one interlocutory appeal and others may be coming. This case may last several years and it is taking the vast majority of my time, and a substantial amount of time from one of my partners and paralegal. All of the time spent on the various claims against these defendants is so intertwined that it cannot be segregated among the various causes of action or individual licensees. -2- 465 466  Further affiant sayeth not. THE STATE OF TEXAS COUNTY OF TRAVIS SWORN TO AND SUBSCRIBED before me on the JO~ day of ~ , 2012. E\/ElYN J GARNETT te of Texas f ; NOTARY PUBLIC State cnuas pires: D lP JD8L:20 L3 Comm. Ellp. 0610812013 r J -3- 467 468  CAUSE NO. D-1-GV-10-000454 STATE OF TEXAS, § IN THE DISTRICT COURT Plaintiff, § § v. § § RETIREMENT VALUE, LLC, § ETAL. § OF TRAVIS COUNTY, TEXAS Defendants, § § AND § § JAMES SETTLEMENT SERVICES, § LLC,ETAL. § Third-Party Defendants § 126th JUDICIAL DISTRICT AFFIDAVIT OF JOHN R. MCCONNELL THE STATE OF TEXAS § § COUNTY OF TRAVIS § Before me, the undersigned authority personally appeared John R. McConnell, who, being by me duly sworn, deposed as follows: "My name is J obn R. McConnell. I am of sound mind, capable of making this affidavit, and personally acquainted with the facts herein stated and they are true and correct based on my personal knowledge. 1. I am an attorney licensed in the State of Texas. I am a partner in the law firm of George, Brothers, Kincaid & Horton, LLP, and am one ofthe attorneys representing Eduardo S. Espinosa, Receiver for Retirement Value, LLC in Cause No. D-1-GV-10-000454, State ofTexas v. Retirement' Value, LLC, et al, in the I 26th Judicial District Court of Travis County, Texas. EXHIBIT 1 I 12. 469  2. The deposition excerpts and exhibits that are attached to the Receiver's Motion for Partial Summary Judgment as to Licensee Defendants are true and correct copies of the same, as provided to us by the court reporter. 3. The excerpt of the transcript of a Retirement Value Conference Call Recording, Ex. 5 is a true and correct copy of the same, as provide to us by the court reporter. 4. The documents with Bates stamp "RVR" attached to the motion are true and correct copies of business records that the Receiver Eduardo Espinosa acquired from Retirement Value, LLC shortly after he was appointed as Temporary Receiver of Retirement Value, LLC. 5. Attached to this affidavit as Exhibit A are spreadsheets provided to the Receiver by Milkie Ferguson Investments, Inc. ("MFI") which pertain to the commissions received by employees/agents of:tvfFI. My staff and I used this information to calculate the commissions received by Marco Lopez, Scott Schroeder, and Dan Levin, assuming that they split commissions evenly when two or more MFI employees/agents were listed on a particular sale. Further affiant sayeth not. ~cConnell '-- THE STATE OF TRAVIS § § COUNTY OF TRAVIS § SWORN TO AND SUBSCRIBED before me on theE_ day of fli1? 1 , 2013. e EVELYN JGARNE'IT NOTARY PUBUC Slate of Texas Comm. Exp. IIMIIII2013 N~Sto;~ My commission expires: eto/t8}2013 I -2- 470  EXHIBIT 800/GOO lfl dll' Sl3~8V ~ Sl3~0V A 471  19-AUg-09! H~ 126 __ _...,. Marco Lopez $5,600.00 H 75% Retirement Value -"-75% Retirement Value jQ:AGtii=-~ 20-Au -09 -- 178 Levin/Schroeder $19,200.00 MIIKle House ~···~$2,400.00 Retirerrient_y_alue - 75% Retirement 1.1=~-~-09 -~ . 178 LevinJSchroeder $B,OOO.OO Value 21·Aug-09 20396 Mllkie House -·· $2,000.00 Retirement Value "2f:"AugwQ9 20398 f---~-~!ili:l~~t;io"use $1,000.00 Retirement Value ~l:!_g-09 ,30398 M]lkie House $1,000.00 Retiremetn Value r-ll:Aug-09 100 (' Manny Alzen D $8,000.00 70% Retirement value 21-Aug-09 125 Dan LeV!rt $16,000,00 75% Retlremen1 Velue Levln/Schroeder/G 28-Aus-09 221 Schroeder $3,200.00 76% Retirement Value Te:Aug-09 20396 Milkie House . $400.00 Retirement Value 31-Aug-09 167 -· levin/Lopez $4,000.00 76% Retirement Value -~u~_-09 167 Levin/Lopez $4,800.00 75% Retirement Value Levi nJSchroeder/Lo _11~Au~~09 196 pez $4,000.00 7!5% Retirement Value 31-Aug-09 20398 Milkie House $1,000.00 Retirement Value 31-Aug"OS 20398 M!lk!e House $600.00 Retirement Value 31-Aug-09 20398 Milkle House $600.00 Retirement Value 31-Aug-09 20398 Milkie House $500.00 Retirement Value 3l'":.A, l)g~09 20398 M!lkle House $500.00 Retirement Value . 31-Aug-09 -20398 Mllkie House $500.00 Retirement Value ~- 31-Aug-09 20398 Mirkie Hou~e $300.00 Retirement Value 3]wAUg-09 126 u•11• Dan Levin ' $4,000.00 15% Retirement Value ,...~ 1-Al!~ f-. 12.f;i Dan Levin $8,000,00 75% Retirement Value 31-Aug-09 133 Levln/Gal'lh $4,000.00 75% Retirement Value 31-Aug-09 133 Lavin/Gann $2,400.00 75% Retirement Value 1Q.Sep-09 20398 Milkie House $1,000.00 Retirement Value ~~see;:09 20398 Milki;a House $1,000.00 Retirement Value .1.Q.:Sep-09 125 Dan Levin $8,000.00 75% Retirement Value 10-Sep-09 125 Dan Levin $8,000.00 75% Retirement Value 11~se~-OS 178 Levin/Schroeder $4,800.00 75% Retirement Value 11~Sep-09 20398 Milkie House Retirement Value 15-Sep.Q9 "-.19~~ - Milkie House $600.00 $500,00 Retirement Value ~~ 15~~09 rrl'" 125 Dan Levin $4,000.00 75% Retirement Value 16-Sep-09 178 Levln/Schroeler $8,800.00 76% Retirement Value 16~Sep~09 20398 Mllkie House ~2,000.00 Retirement Value 16-Sep~09 20398 M!lkie Hovse . $1,100.00 Retire!l)ent Value M 16-Sep-09 20398 Mllkie House $2,000.00 Retirement Value 16-Sep-09 125 Dan Levin $16,000.00 75% Retirement Value 16-Sep-09 125 Dan Levin $16,000,00 75% Retlrement Value 21-Sep-09 20398 Mill-----:;.--;; ;----~·=-=- f--- 25-Sep-09 20399 Mllkle Howse $1,000.00 Retfrements Plans 25-Se,p.-09 141 Scott Schroeder ··-· $8,000.00 75% Retirement Value 30~$ep.:OS '"""'"''"'..........._~~ ~~396 -~~~--- Mllkie House $700.00 -····- Retirement Value 30-Sep~oe 133 Levin/Gann $5,600.00 76% Retirement Value r-02-0ct-09 2039B __,__ ...Milkie House $1,000.00 Retirement Value 02-0ct-09 20298 ~--_M.IIkle _l:!ou~.= •.. $500.00 retirement Value ------..:~+·---·"':~ 02-0ct-09' 125 Dan Levm $4,000.00 75% Retirement Value 02-0ct-09 12.6 Marco Lopez $8,000.00 75% Retirement Value 05~0ct-09 20396Milkie House $3,000.00 Retirement Value 05-0ct-oe t-.:--"~.:-; 141 Scott Schroeder $24,000.00 75% Retirement Value 06·0ct·09 -· 20398 Mllkie House -"ii'Oo-:Qo Retirement Value 06-0ct-09 141 Scott Schroeder $1,600.00 75% Retirement Value 07-0ct-09 178 Levin/Schroeder $4B,085.20 75% Retirement Value 07-0ct-09 20398 Mllkie House $5,636.65 IRetirement Value 08-0ct-09 167 Levin/Lopez $4,000.00 75% Retirement Value 08-0ct-09 20398 Milkie House $500.00 Retirement Value 08-0ot-09 20398 Milkie. House $1,000.00 Retirement Value oe-oct-oe 133 Levin/Ga.nn $8,005.00 75% Retirement Value ~5-ct-o9 20398 -H-MUkle House $100.00 Retirement Value 13-0ct-09 133 Levin/Gann $800,00 76% Retirement Value 14-0ct-09 20398 Mlfkle House :jl1,200.00 Retirement Value 14-0ct-09 133 Levin/Gann $9,600,00 75% Retirement Value 16-0ct-09 20398 Mllkle House f-· $960,00 Retirement Valu.e 15~0ct-09 125 Dan Levin $7 680.00 75°/o Retirement Value - 18-0ct-09 178 ~ Levin/Schroeder $5,280.00 75% Retirement Value 16-0ct-09 178 Levi n/Sch roed er $16,480.00 75% Retirement Value 16-0ct-0.9 20398 Mllkle House $800.00 Retirement Value 16-0ct-09 20398 Mllkie House $600.00 Retirement Value 16-0ct»09 20396 Milkie House $660.00 Retirement Value 16-0ct-09 20398 MllviA l-l"''"e $2,060.00 Retirement Value 16-0ct-09 100 .( Manny AizeiJ. J $4.000.00 60% Retirement Value 16-0ct-oe 133 ·nMn/Ge.nn $6,400.00 75% Retirement Value 20-0ct-09 178 Levin/Schroeder $8,000..00 75% Retirement Value 2.0-0ct-09 20398 Mllkie House ~ $1,000.00 Retirement Value 20-0ct-09 20398 Mllkle House $500.00 Retirement Value 20-0ct-09 126 Marco Lopez $4,000.00 75% Retirement Value 21-0ct-09 178 Levl n/Sch roeder $24,000.00 7Bo/o Retirement Value 21~oct~oe 20398 MIIKie House $3,000.00 Retirement Value 26·0Ct·09 167 -- Levln./Lopez $2,400.00 75% Retirement Value 26-0ct-09 167 Levin/Lopez $4,000.00 75% Retirement Value 26-0ct-09 167 Levin/Lopez $4 OOQ,OO 75% Retlrement Value ~.-Oct-09 161 John Shryao)o; $16,000.00 90% Retirement Value 26-0ot-09 20396 Milkie House $500,00 Retirement Value 26-0ct-09 20396 Milkie House $2,000.00 Retirement Value 26-0ct~09 20398, - Milkia House $300.00 Retirement Value 26-0ct-09 . 20398 Milkie House $500.00 Retiremetn Value 28-0ot-09 178 Levin/Schroeder $4,000.00 75% Retirement Value 28-0ct-09 178 Levin/Schroeder $7.44B.B7 75%t Retirement Value soo/voo 12! dll' Sl3~3V ~ Sl3~8V ~OS8L8ZVLZ XV~ vv:sL ZLOZ/OZ/LL473  28-0ot~og 20298! MHkle f:i_ouse! $500.00 Retirement Value 3~;:l"·-- ::ll:::: ~~:.1=--~gg:~ 28-0ct-09 Retirement Value ---~- 28-0ct-09 Retirement Value -~ _,28;Q£f~ 20398 Milkle House $931.11 Retirement Value 28-0ct-09 125 · - - Mace.~~.b'OPe.z,···~~ooo.oo 75% Retirement Value 2.8-0ct-09 _.,••• 126' ,.M!T..~loeez1 $4,800:00 75% Retirement Value ~2S:Oct~(f§ -::-::,-----..:.~ -····-220 Bred Bii~.!L. !4,703,61 es% Retirement Value 29-0ct-'09 220 Brad. Bllllngsl $4,soo.oo 65% Retirement value 29-0ot-09 .~~--· Milkie H~J. $600.00 Retirement Value _1,9-0ct:O_g 20398f Mllkle Housel r Levln/S'C'hroedar/Lot $587 .•~ ,--- Retirement Value 02.-Nov-09 . ---~~·- $8,000.00 196 75% Retirement Value 02-Nov-09 Mllkie House 20398 $1 1 DOO.OO Retirement Value 06-Nov-09 167 .. Levin/Lopez; $4,000.00 75% Retirement Value oe-Ncv-09 20396 -~·MIIkle House --$500.00 Retirement Value 13-Nov-09 20398 Milkle House $6$4.52 Retirement Value 13-Nov-09 141 Scott Schroeder $5,074.47 75% Retirement Value ~- 16-Nov-09 20398 Milkie House $800.00 Retirement value 16-Nov~09 20396 Milkle House $2,000.00 Retirement value 16-Nov-09 -121 Carl Jones $16,000.00 Retirement Value 16-NoV-o~ 133 1-..J•• Levin/Gann je._4oo.oo 75% Retirement Value 18-Nov-09 167 LevinJLopez $1.440.00 76% Retirement Value 18-Nov-09 · -·r·167 ~....,_ Levin/Lo_Rez $2,400.00 75% Retirement Value 16.-Nov-09 ~-.. 167 Levin/Lopez. $2,400.00 75% Retlrement value 18-Nov-09 20398 Mllkie House $180,00 Retirement Vatue 18-Nov-09 2.0398 "' Milkie House $1,000.00 Retirement Value 16-Nov-oe 20396 Milkie House $3.00.00 Retfrement Value 1e:"Nov~oe 20398 - Milkle House $300.00 - Retirement Value 18-Nov-09 20398 Milkle House $792.28 Retirement Value 16-Nov-09 121 Carl Jones $6,338.22 75% Retirement Value 16-Nov-09 133 Levtn/Gann $8,000.00 76% Retirement Vafue 1'9-Nov-09 178 Levin/Schroeder $4,000.00 75% Retirement Ve.lue 19-Nov-09 20398 Milkie House $500.00 Retirement Value ~- 19~Nov-09 20398 Milkle House $302.36 Retirement Value 19-Nov-09 141 .. Scott Schraeder $2..419.88 75% Retirement Value 20~Nov~oe 20398 Milkie House . $3,000.00 Retirement Value 2.0-Nov~09 121 Carl Jones $24,000.00 75% Retirement Value ~-·-25-Nov-09 178 Levin/Schroeder $6,400.00 75% Retirement Value 1-· 25-Nov-09 20396 Milkie House $800.00 Retirement Value 30-Nov-09 178 Levin/Schroeder $2,400.00 75% Retirement Value 30-Nov-09 178 Levin/Schroeder $16,000.00 75% Retirement Value f-:: 30-Nov-09 20398 Mllkle House $500.00 Retirement Value 30-Nov-09 20398 Mflkie House $2,000.00 Retirement Value 30-NOV-09 20398 Milkie House $300.00 Retirement Value 30-Nov~09 121 Carl Jones . $4,000.00 75% Retirement Value 30-Nov-09 121 Carl Jone.s $38,340.40 75% Retirement Value 30-Nov-09 121 Carl Jones $32,000.00 75% Retirement Value 04-Dec-09 . 178 Levin/Schroeder $1,000.00 75% Retirement Value 04-Dec-09 191 Steve Gundy $2,000.00 90% Retirement Value 04-Deo-09 191 Scott Stratton $4,000.00 65% Retirement Value ~04-dec-09 20398 Mllkle House $500,00 Retirement Value 04-Deo-09 20398 Mlll!--._.~ .....l'l ..'•r--.,. _ _ _ -· .......... ... -.'1+"1 .... k0o.ll't" _ _ _ _ _ r-·-·- ..._,_...11_ ... ................... _.riiiJOI~I~f'',.. --- ~- i'-"" -·· -~ ·- . . ,..._ ~, ----- ~-- ------~ ~olfllo-'-" f-.·-~ ..• ~~ ·--- -- ,......... ,,_~ ·--··-·-··~ --- -- ............... ~. . - . • j .. l --- - 1--- ··~- _... ~· ~ ....... _..........,...,. ...... ··-. ' ··--- -··-· 800/800 I2J dll' Sl3~JV ~ Sl3~JV 5088L8~PL~ XV~ pp:sL ~L0~/0~/LL 477