Act Teleconferencing Inc (fka ACTT)

[srm4u]

BENEFICIAL OWNERSHIP OF OUR VOTING SECURITIES

As of the record date, Dolphin Management Inc. beneficially owned 68,945,928 shares of our common stock, which represents
approximately 80.7% of the vote of the Combined Voting Class. The percentage is based on 17,211,632 shares of common stock and
160,000 outstanding shares of Series AA convertible preferred stock as of the close of business on the record date. The 68,945,928 shares
beneficially owned include: 56,680,678 shares issuable upon conversion of the Series AA convertible preferred stock and warrants
beneficially owned by Dolphin Direct Equity Partners, LP ("Dolphin Direct") and 980,250 shares beneficially owned directly by Dolphin
Direct; 10,834,750 shares issuable upon conversion of the Series AA convertible preferred stock beneficially owned directly by Dolphin
Offshore Partners, LP ("Dolphin Offshore") and 50,250 shares beneficially owned directly by Dolphin Offshore; and 400,000 shares
owned directly by Dolphin Advisors, LLC. Each of the Dolphin entities reports shared voting and investment power over the shares
reported with Mr. Peter E. Salas, and each discloses its address to be c/o Dolphin Management Inc., PO Box 16867, Fernandina Beach,
Florida 32035. Mr. Salas is the President and sole shareholder of Dolphin Management Inc., and Mr. Salas discloses his address to be c/o
Dolphin Management Inc., PO Box 16867, Fernandina Beach, Florida 32035. Mr. Salas disclaims beneficial ownership of such shares
except to the extent of his pecuniary interest therein.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58648410
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60614968