Michael D. Bodino

Madison Williams & Co. LLC The firm was founded as the result of a management buyout of the principal capital markets business of Sanders Morris Harris Group (NASDAQ: SMHG). Madison Williams & Co. provides investment banking, equity and fixed-income sales, trading and research services to institutional and corporate clients throughout the US. Their research efforts focus on the following sectors: oil & gas exploration and production, engineering and construction, business services, healthcare services and various master limited partnerships (MLPs). The company was founded in 2010 and was headquartered in New York, NY.

SMH Capital, Inc. (SMH) is the primary broker subsidiary of Sander Morris Harris Group, Inc. (Nasdaq: SMHG). The firm is headquartered in Houston, Texas with additional offices in Los Angeles and San Francisco. SMH provides a full range of asset and wealth management and investment banking services. The firm also offers institutional equity sales, trading, and research, as well as prime brokerage services for hedge funds and fixed-income securities sales and trading. SMH's research effort is attuned to the Southwest, yet takes a broad, global perspective. The analysts cover companies in six broad sectors, including business services, energy, entertainment and media, financial services, specialty retail-softlines, and technology. They look at industries in a bottom-up way, and get to know company managements in depth, to understand their growth philosophy and their views of how their company fits within their group. SMH's growth strategy is to expand asset management and fiduciary activities and related business by increasing assets under management through acquisitions, internal growth and better coordination between their subsidiaries.

Sanders Morris Harris LLC (Investment Management) (SMH-IM) is the investment management division of Sanders Morris Harris LLC, a registered broker/dealer firm headquartered in Houston, Texas. The firm was founded in 2000 and is a wholly-owned subsidiary of Tectonic Financial, Inc. (NASDAQ: TECTP). SMH-IM provides advisory services to individuals, pooled investments, plan sponsors, trusts, estates, corporations, institutions, and other businesses.

Coker & Palmer, Inc. is an independent registered broker/dealer and financial advisor headquartered in Jackson, Mississippi. The firm was founded by James D. Coker and James Y. Palmer in 1991. Coker & Palmer offers professional services in traditional securities brokerage to individuals and institutions as well as fee based asset management services.

Eden Energy Corp. is an exploration-stage oil and gas company. It is engaged in the exploration for petroleum and natural gas. The company was founded on January 29, 1999 and is headquartered in Vancouver, Canada.

Founded in 1990, Capital One Southcoast, Inc., formerly Hibernia Southcoast Capital, is a full-service investment banking firm and broker/dealer located in New Orleans, Louisiana with an additional office in Houston, Texas. The firm is a subsidiary of Capital One Financial Corp. (NYSE: COF). They are provide corporate finance, equity research, institutional equity sales and trading services to private and mid-market public companies. The firm offers broad coverage of over 1,000 domestic and foreign institutional accounts for mutual funds, pension funds, hedge funds, insurance firms and other institutional investors. Capital One Southcoast's analysts provide coverage across the energy sector including energy infrastructure, oilfield services and oil & gas exploration and production.

San Jacinto Securities, Inc. is a broker/dealer headquartered in Dallas. The firm provides a full array of trading and execution services for their clients. San Jacinto does not provide any internal research

Founded in 2005, Global Hunter Securities LLC is a broker/dealer headquartered in New Orleans, Louisiana. The firm is a subsidiary of Seaport Global Holdings LLC. Global Hunter Securities employs a disciplined quantitative and qualitative research approach. They focus on small-cap companies with unique value and above average growth primarily in the following sectors: consumer, energy, healthcare, industrial services and technology. Global Hunter Securities also has analysts specifically focused on special situations and international opportunities.