Background of Key Principal

M. Curtis Petty

Curtis Petty Liquidity ResourcesPRESENT POSITION: Mr. Petty co-founded Petty & Company, Inc. (the predecessor company) in late 1989 and served as President and CEO. In 1999, Mr. Petty formed a new entity, M. C. Petty & Company, Inc. to continue the ten-year financial valuation and advisory business where he serves as President and CEO. In this capacity he directs the Firm’s financial advisory and valuation engage-ments of closely-held businesses, limited liability companies, partnerships, financial institutions, and intangible assets/intellectual property for joint ventures/strategic alliances, mergers/acqui-si-tions, purchase-/sale price allocations, estate and gift tax a-ssignments. Additionally, Mr. Petty is actively involved in consulting with our distinguished clients in structuring complex merger/acquisition and Employee Stock Ownership Plan transactions, and provides expert witness testimony in conjunction with various commercial, ESOP/ESOT and estate litigation cases.

EXPERIENCE: Mr. Petty has held senior financial positions in the valuation, health care, high technology oil services, commercial banking, oil and gas, and the agri-business industries.From mid 1986 to late 1989, Mr. Petty was a senior financial valuation specialist with Marshall and Stevens Incor-porated, where he specialized in the valuation of closely held business and intangible assets for merger/acquisitions, divestitures, estate tax matters, and repared valua-tions of numerous other, financial transactions such as Employee Stock ownership Plans, recapitalizations, etc., for clients across a wide industry spectrum.

From 1984 to 1986, Mr. Pettyserved as Vice President and Treasurer of Medical Networks Inc., where he was responsible for strategic and financial planning, professional liability (risk management) programs, as well as financing and consulting with various hospital groups in the establishment of alternative health care delivery systems.

From 1981 to 1984, Mr. Petty served as Manager-Corporate Development and Analysis and Manager of Financial Planning and Reporting during three-fold growth at Digicon Inc., a high technology oil services/geophysical company. In these capacities he was responsible for planning and forecasting, new venture and merger/acquisition analyses, investor relations, Securities & Exchange Commission (SEC) securities registration, and reporting, capital budgeting, and short-term financing activities.

From 1978 to 1981, Mr. Petty served as Manager of the Corporate Financial Planning EXPERIENCE:Group in the corporate services department at First City National Bank of Houston. In this capacity, he provided financial consulting and transaction services to energy, manufacturing, retail and wholesale distribu-tion, and banking entities throughout Texas and theSouthwest.

From 1976 to 1978, Mr. Petty was Senior Financial Analyst in the Corporate Finance Department at United Energy Resources, an oil and gas and natural gas pipeline company. Primary responsibilities included detailed evaluations of merger/acquisition candidates and the analysis of major capital projects for subsequent funding. From 1973 to 1976, Mr. Petty served as a project consultant to the Food and Agriculture Organization (F.A.O.) in Rome. His duties included the prepara-tion of detailed business and marketing plans for presentation to various export financing, international development agencies, investment and merchant bank groups.

EDUCATION: Mr. Petty received his MBA degree from Southern Methodist University in 1979, with a concentra-tion in finance and accounting. In 1973 he received his BBA from the University of Oklahoma with a concentration in economics and marketing. He has also attended seminars covering such topics as: risk analysis in assessing frontier exploration areas, evaluation of M&A candi-dates, S.E.C. Integrated Disclosure requirements, capital budgeting considerations for product (life) cycles, and contribu-tion analysis for divestitures/spinoff transactions.

ACCOMPLISHMENTS: Mr. Petty has conducted numerous seminars for the National Center for Employee Ownership (NCEO) regarding ESOPs and their utilization as corporate finance and exit vehicles. He has also participated in the litigation of numerous tax, ESOP, and estate valuation related matters at the state and federal levels of the judiciarysystem.