Securities Listed on OTC  
             Securities Research, Inc.                        

Summary Statistics:

Non-directed orders as percentage of total customer orders   100.0%
Market orders as percentage of total non-directed orders     55.9%
Limit orders as percentage of total non-directed orders      41.2%
Other orders as percentage of total non-directed orders      2.9%

Venues receiving significant percentage of total non-directed orders:

Knight Securities                                            98.9%
Archipelago                                                  0.1%
UBS                                                          1.0%

Information Concerning significant Venues:

Knight Securities

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             98.6%
Market orders as percentage of total market orders           99.1%
Other orders as percentage of total other orders             100.0%


Archipelago

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             0.2%


UBS

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             1.2%
Market orders as percentage of total market orders           0.9%