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jgilmour

10/07/10 2:49 PM

#16411 RE: USAF #16404

True. Edward Cumming's resume says - Structured reverse merger that saved significant costs. Acquired public company shell that “took over” privately-owned QSGI, giving QSGI de
facto control of its new parent. Conducted all SEC work necessary to take the firm public without need for the prospectus-and-IPO process. Maintained complete financial
transparency.