Paul O. Koether

Asset Value Management, Inc. exists as a legal entity only for filing for the Asset Value Fund Limited Partnership. Located in Bedminster, New Jersey, The firm is a wholly owned subsidiary of Kent Financial Services, Inc. (NASDAQ:KENT) They do not manage money for outside investors.

Part of Givaudan SA, Sun Equities Corp. is a company that provides services in management investments. The company is based in Bedminster, NJ. Sun Equities was acquired by Pure World, Inc., part of Givaudan SA from July 25, 2005 on December 23, 2004 for $3.95 million.

Pure World, Inc. manufactures and distributes botanical extracts. It products include standardized powdered, fluid, solid, and glycolic extracts. The company distributes products to the cosmetic, food, and pharmaceutical industries. PureWorld was founded in 1959 and is headquartered in Bedminster, NJ.

Kent International Holdings, Inc. engages in acquisitions and reverse mergers of small to medium sized companies. It is a development stage company. The company was founded in 1982 and is headquartered in Colleyville, TX.

Kent Financial Services, Inc. (Investment Management) (Kent Financial-IM) is an investment adviser headquartered in Colleyville, Texas. Founded in 1988, the firm is a division of Kent Financial Services, Inc. (NASDAQ: KENT), an administrative and financial consulting services firm that was founded in 1955. Kent Financial-IM is the parent company of Kent International Holdings, Inc. (OTC-KNTH) and Kent Educational Services, Inc.

Part of Reading International, Inc., Craig Corp. provides real estate services. The company is based in Los Angeles, CA. Craig was acquired by Reading International, Inc. on December 31, 2001.

Kent Financial Services, Inc. operates as a real estate company, through its subsidiary, Kent International Holdings, Inc. owns, operates, and leases an office building property in Dallas, Texas. The company was founded in 1988 and is headquartered in Colleyville, TX.