eric stevenson cv-2015 (2)

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Eric D. Stevenson – Curriculum Vitae The following curriculum vita describes the specific working history of Eric Stevenson. This comprehensive background was intentionally structured over time to provide knowledge and experience in as many investment areas as possible. The depth and breath of this experience with companies from diverse financial industries provides a sound foundation from which to build for the benefit of new clients in the face of an ever-changing and complex financial environment. OVERVIEW Eric Stevenson has been providing financial corporate development and public relations services to public companies for over 30 years. He has been instrumental in taking 76 companies public and raising over $500 million over the course of his lengthy career. He is considered one of the top ten management analysts in the United States (WSJ). Eric’s agency, Price Target Media, is the only QMO Designate agency recognized by Sedar and the SEC that will work on microcap companies. QMO designations (qualified media outlet) can only be designated by major law firms and depict an authority and expertise in both legal aspects of public company communication and its deployment. Price Target Media was ranked 32nd in the nation in 2010 in its first year by O’Dwyer’s, the industry resource for tracking and validating Public Relations Agencies’ annual revenue. Eric founded the oldest online broad news network in North America, World City Press (WCP, which owned a 92-city news network in the U.S., a 16-city network in Canada (ranked 6th in readership in 2006), and a 16-city network in the UK. WCP employed 107 full-time reporters. Eric served as its Publisher for 12 years before returning to the financial corporate development arena with the incorporation of Price Target Media in 2010. Eric lectured on Securities Law at the University of Arizona for three years early in his career, garnishing a host of legal contacts as a result. He wrote numerous legal compendiums, which were registered with the American Stock Exchange to protect authorship. He served as President of the Erudition Institute, a financial think tank located at the University of Arizona. Prior to that, he was the Senior Research Analyst at 1st Nebraska Securities (predecessor to Smith Barney) in Lincoln Nebraska. EMPLOYMENT 2010 to Present – President, Price Target Media A full-service investor and public relations agency specializing in online advertising and marketing for small and micro-cap companies that works with various qualified media outlets in publishing paid editorial and in developing investor awareness outreach programs that educate the investing public. 2001 To 2013 – President, World City Press An online broad news publisher covering late-breaking news topics on a daily basis through three owned and operated news networks; AXcess News in the USA comprised of 92 major- market news websites with 107 full-time journalists on staff. Source Press, a 16-city Canadian news network and EU News Network, a 16-city European news network publishing in Great Britain, Scotland and Ireland.

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Page 1: Eric Stevenson CV-2015 (2)

Eric D. Stevenson – Curriculum Vitae

The following curriculum vita describes the specific working history of Eric Stevenson. This comprehensive background was intentionally structured over time to provide knowledge and experience in as many investment areas as possible. The depth and breath of this experience with companies from diverse financial industries provides a sound foundation from which to build for the benefit of new clients in the face of an ever-changing and complex financial environment.

OVERVIEW

Eric Stevenson has been providing financial corporate development and public relations services to public companies for over 30 years. He has been instrumental in taking 76 companies public and raising over $500 million over the course of his lengthy career.

He is considered one of the top ten management analysts in the United States (WSJ).

Eric’s agency, Price Target Media, is the only QMO Designate agency recognized by Sedar and the SEC that will work on microcap companies. QMO designations (qualified media outlet) can only be designated by major law firms and depict an authority and expertise in both legal aspects of public company communication and its deployment.

Price Target Media was ranked 32nd in the nation in 2010 in its first year by O’Dwyer’s, the industry resource for tracking and validating Public Relations Agencies’ annual revenue.

Eric founded the oldest online broad news network in North America, World City Press (WCP, which owned a 92-city news network in the U.S., a 16-city network in Canada (ranked 6th in readership in 2006), and a 16-city network in the UK. WCP employed 107 full-time reporters. Eric served as its Publisher for 12 years before returning to the financial corporate development arena with the incorporation of Price Target Media in 2010.

Eric lectured on Securities Law at the University of Arizona for three years early in his career, garnishing a host of legal contacts as a result. He wrote numerous legal compendiums, which were registered with the American Stock Exchange to protect authorship. He served as President of the Erudition Institute, a financial think tank located at the University of Arizona. Prior to that, he was the Senior Research Analyst at 1st Nebraska Securities (predecessor to Smith Barney) in Lincoln Nebraska. EMPLOYMENT

2010 to Present – President, Price Target Media

A full-service investor and public relations agency specializing in online advertising and marketing for small and micro-cap companies that works with various qualified media outlets in publishing paid editorial and in developing investor awareness outreach programs that educate the investing public.

2001 To 2013 – President, World City Press

An online broad news publisher covering late-breaking news topics on a daily basis through three owned and operated news networks; AXcess News in the USA comprised of 92 major-market news websites with 107 full-time journalists on staff. Source Press, a 16-city Canadian news network and EU News Network, a 16-city European news network publishing in Great Britain, Scotland and Ireland.

Page 2: Eric Stevenson CV-2015 (2)

1992 To 2001 – President, Axiom Capital Corporation

A financial management consultancy organization specializing in custom tailored corporate development strategies for small to medium sized companies. Special emphasis was given to financial and operations management in preparation for registration of securities; full disclosure due diligence file compilation; employment plans; debt financing; credit disclosure; acquisition and merger representation; public relations; shareholder relations; financial analysis; and compensation planning.

Axiom Capital Corporation was the only corporate development firm in the United States recognized by Standard & Poor's. Eric Stevenson was the founder. Through the Corporation, Eric provided diverse proficiencies to his clients in all aspects of corporate planning as it related to a business's development objectives in preparation of financing, acquisitions, mergers and compensation in conjunction to their overall goals and objectives.

Eric's role within the Corporation was to lead the corporate development team selection, organizing the various Senior Managers and Outside Professionals that would comprise a client's corporate development group to fulfill growth objectives. This also included identifying the various financial resources, presenting the capital plan, and assisting and advising a client's board of directors in their overall corporate development process.

Axiom Capital Corporation was incorporated in Colorado in 1992. The headquarters was in Phoenix Arizona with branch offices in Greeley CO, Macon MO and La Jolla CA, employing 30 full-time MBA’s and PhD’s. It was a member of TRW, Dun & Bradstreet, the National Association of Credit Managers, Commercial Finance Association, and the Institute of Management Consultants.

Axiom Capital Corporation also provided equipment lease financing for its clients through a wholly owned subsidiary, American Business Capital Dimensions, Inc., an Arizona corporation. American had 22 syndicate relationships with major lease underwriters with capital limits of $250,000 to a maximum of $2,000,000 per transaction.

Axiom Capital Corporation was dissolved in 2001 following the 9/11 disaster, along with American Business Capital Dimensions, Inc. 1992 To 2001 – Senior Research Analyst, Erudition Institute, Inc.

A privately held financial think tank associated with the University of Arizona and the University of Alabama, the Institute provided securities research and financial analysis for companies preparing for the sale of securities, as well as valuation compendiums for acquisition or merger activities associated with securities registration or private placement. The Institute provided pre-valuation analysis in conjunction to the final Valuation compilation provided by a national accounting firm in accordance with a Limited Use agreement between their clients and the CPA's for presentation to the financial community. Securities research comprised the majority of the Institute's services, providing comparative analysis to a client's peer groups within their industry with strict adherence to the Prudent Man Rules in disclosure reporting.

Eric Stevenson was a founder of the Institute. Eric provided liaison services to clientele, analyzing the virtues of their business and interpreting that analysis to the various Ph.D. alumni of the Universities in preparation of that client's Research Report. In Valuation analysis, Eric identified national accounting firms to represent the Institute's client in preparing Limited Use Valuations for the financial community. Eric also acted as liaison to those accounting firms in their pre-compilation research, identifying various sources of information and intellectual property associated with targeted acquisition or merger candidates of a client company's financing plans.

The Institute also provided its analysts to its customers for speaking engagements, presenting their Reports in special situation meetings associated with securities syndication. This service was offered to interpret their findings to the financial community in support of a client's goals and objectives. Eric personally presented those Reports or selected the speaker. He also worked with the client's financial representatives in scheduling their meetings.

An additional service provided was the preparation of Fact Sheets that illustrated specific information extrapolated from quarterly reports, annual reports and press releases of its client

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companies. Those Fact Sheets were then distributed to the financial community as support material to a client's public relations campaign. 1990 To 1992 – Senior Research Analyst, 1st Nebraska Securities

A Holding company in Lincoln Nebraska for a diverse financial services group. 1st Nebraska provided consultation for individuals, partnerships, corporations and limited liability companies in the state of Nebraska, Iowa and Missouri, with an emphasis on tax planning, retirement, compensation planning, acquisitions and mergers. 1st Nebraska also provided business management services for agricultural oriented companies and individuals. Other services offered were financial planning and real estate development. In addition, cattle feeding and cash crop limited partnerships were also managed by the founding President, a practicing Nebraska attorney.

Eric's duties were to analyze business opportunities for its clientele in areas of real estate development and agribusiness, related to acquisition or merger opportunities through the investment banking resources of the Corporation.

1986 To 1990 – Marketing Director, Unisource Equities, Inc.

A management consulting firm offering diverse services to foreign and domestic companies seeking to list or underwrite their securities on the NASDAQ automated system. Unisource specialized in telecommunications, mining, printing, retail, medical equipment manufacturing, electronic equipment manufacturing and entertainment businesses.

Unisource utilized a board of industry advisors, selecting account executives attuned to a particular industry group to carry out the path of development recommended by the advisory board. Eric's duties were to prepare a client for introduction to the advisory board, develop foreign markets for Unisource's services and prepare initial due diligence files for preliminary use toward a client's exchange listing. Eric also prepared intellectual property describing a clients attributes for public relations campaign programs following their exchange listing and acted as liaison to the financial community in arranging special situation meetings.

1981 To 1986 – President, Columbia Universal Financial Service, Inc. A mortgage origination and equipment lease brokerage organization. Columbia specialized in hard to place home and commercial mortgages usually associated with credit inconsistencies, due to divorce, bankruptcy, outstanding debt, or tax delinquencies. As an originator, Columbia would purchase first or second title deeds of trust on homes or commercial properties throughout the state of Washington. Headquartered in Bellevue Washington, Columbia would solicit the sale of these outstanding mortgages to individuals or institutions through a network of retail investment bankers after one year from the date of ownership. In some circumstances, Columbia would work with mortgage holders, advising them on their credit deficiencies and assisting them in improving their overall credit rating in order to refinance the existing debt. Eric would contact the investment bankers and arrange new financing, selling the mortgage to that investment bankers' client.

As a financial service, Columbia was not required to have a mortgage brokers license in the state of Washington, as long the underlying mortgages were owned by Columbia, or the refinancing was originated through a licensed securities broker. Eric was the founding President and had built a network of approximately 7,000 retail stockbrokers through the prior tax advantaged methods allowed individual investors in real estate ownership. Columbia also originated equipment lease transactions, providing the stockbrokers' clients with similar tax advantaged investments associated with depreciation on equipment. Through these tax-advantaged investment strategies, Eric built an overall portfolio valued at near $70,000,000 for their customers when he sold his ownership in Columbia.

While at Columbia, Eric was instrumental in the takeover of a public shell corporation that later became Blockbuster Video. Eric also provided intermediary services to Canadian corporations in seeking acquisition opportunities in the United States as well as exchange listing and public relations services while President of Columbia. In 1985, Eric arranged the private placement of $1,000,000 USD for Monti Christo Resources, Inc. (Vancouver BC) in one week and managed a public relations

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campaign which provided Monti the distinction of being the leading stock in all of Canada that year in volume trading for stocks trading under $5.00 CD. Its average daily volume for the year was 750,000 shares a day, ending the year at $4.20 CD.

1979 To 1981 – Asst. Dir. of Community Affairs, Los Angeles Opera Co. A non-profit community organization for cultural development, the Opera Company produced several operas each year. The Board of Directors consisted of community leaders from various ethnic groups dedicated to the enrichment of cultural interracial activities through civic achievement. The Board of Directors provided all of the costs for public performances through community fund raising efforts.

Eric's role was to seek donations from various organizations throughout the greater Los Angeles California area and plan various fund raising campaigns. The greatest fund raising campaign developed by Eric was celebrity art auctions. These auctions included numerous theatrical stars of television and theater as well as royalty. Fortune 500 sponsors televised the auctions locally through donations. Chrysler Corporation and United Airlines provided transportation for the stars and royalty and publicity was donated through the cooperation of TV Guide. This fund raising campaign attracted sufficient public awareness to allow the Opera Company to manage three operas per year.

Eric also attended all auditions for leading performers of every opera as a member of the Selection Committee and provided recommendations to the Board of Directors in promoting each production prior to its scheduled performance.

1977 To 1979 – Proprietor, Stevenson & Associates An advertising agency in Lynnwood Washington specializing in coupon and gift/prize promotions, merchandising products through a weekly television guide in the greater Seattle Washington area. Eric sold advertising to local businesses that distributed the Weekly Q-Pon, offering prizes at below wholesale for redemption programs through its advertisers. This employed a customer loyalty technique to Eric's customers and allowed them to track actual responses by these gift/prize promotions.

ASSOCIATION MEMBERSHIPS

• Mergers & Acquisitions Roundtable of Arizona 1997 To 2001

• Commercial Finance Association 1996 To 2001

• National Association of Credit Managers of Arizona 1996 To 2001

• Stockbrokers Society 1986 To 2000

• Institutional Investors Society 1986 To 1999

• California Analysts Society 1987 To 1989

• Washington Bankers Association 1980 To 1985

• American Mortgage Brokers Association 1980 To 1985

• American Bankers Association 1980 To 1985

Page 5: Eric Stevenson CV-2015 (2)

AUTHORED COMPENDIUMS AND THESIS

q Private Placements and IPO's − What Every Business Owner Needs To Know About

Raising Equity Capital. U.S. Technology, December 1997.

q Industry Group Trends, Statistics and Ratio Comparisons To Data-Cal Corporation, Post Merger with PacRim Labs, Inc., as a Basis for Comparative Determination of Financial Capabilities and Market Valuation. June 1996, NASD.

q Industry Trends and Ratio Comparisons of U.S. Express, Inc. as a Basis for Determination of Financial Capabilities. August 1994, American Stock Exchange.

q Mortgage Instruments Value in Conjunction to Discounts and Markets. February 1993, American Stock Exchange.

q Bilateral Bond and Stock Investments as a Basis of Comparative Conjunctive Values in Initial and Post Public Offerings In Relation to Individual Bond and Stock Mutual Funds Return On Investment. December 1992, New York Stock Exchange.

q Motion Picture Production Return On Investment as an Intrinsic Value in Relation to Industry Comparisons. August 1992, NASD.

q Proven Reserves Intrinsic Value in Relation to Book Value. June 1990, Texas Vanguard Oil Company.

q Thesis: The Registration of a Declining Convertible Fixed Call Debenture to a Listed Exchange. October 1992, American Stock Exchange.

q Thesis: The Registration of an Escalated Subordinate Convertible Preferred Stock in Conjunction to Utilization of CFR 17, 230.415 to a Listed Exchange in Conversion to Common Stock as a Unit Offering. Sept. 1992, American Stock Exchange.

NOTABLE INDUSTRY PRODUCT DEVELOPMENTS

q Initiated the sale of twenty-one founding seats in the establishment of the Mid-Atlantic

Commodity Exchange.

q Co-authored the Thesis for establishing Mortgage Backed Securities.

q Authored the Thesis for an Escalated Subordinate Convertible Preferred Stock utilizing the Shelf Rule and filed the Thesis with the American Stock Exchange Compliance Department.

q Authored the Thesis for a Declining Convertible Fixed Call Debenture and filed the Thesis with the American Stock Exchange Compliance Department.

q Developed SEC and NASD approved method for advertising the pre-sale of a stock registration (Gun Jumping Rule).

q Developed SEC and NASD approved method for exceeding normal fixed limit fees and costs (18% maximum) associated with securities registration.

q Associate Faculty, State Bar Of Arizona 1998 65th Annual Convention, Tucson, Arizona, Securities Offerings 1998: Recent Legislative, Administrative and Judicial Developments. Sponsor: Securities Regulation Section.

At all of the financial industry companies, which have employed Eric Stevenson, he has had a direct interest in or responsibility for their growth and development. From his earlier career of marketing to corporate analysis, Eric has been involved in all aspects of corporate development.

This interest finally focused itself at Axiom Capital Corporation. Eric eventually became President and bought control of the only corporate development organization in the United States ever recognized by Standard & Poor's.

In his various capacities, Eric is recognized in America as one of the Nation's leading management analysts. Fully versed in all aspects of Securities Law in Federal and State Guidelines, as well as NASDAQ and Listed Exchange Rules and Regulations, Eric provides highly skilled services virtually unattainable in an individual capacity in corporate America today.