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(a) - (e)
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As of the date hereof, Manchester Management
and Manchester Company may be deemed to be the beneficial owner of 3,561,000 Shares, constituting 12.5% of the Shares, based on
28,505,196 Shares outstanding as adjusted for warrants beneficially owned by Manchester Management. Manchester Management and Manchester
Company each has the sole power to vote or direct the vote of 0 Shares and the shared power to vote or direct the vote of 3,561,000
Shares. Manchester Management and Manchester Company each has the sole power to dispose or direct the disposition of 0 Shares and
the shared power to dispose or direct the disposition of 3,561,000 Shares.
As of the date hereof, Manchester Explorer
may be deemed to be the beneficial owner of 2,261,000 Shares, constituting 7.9% of the Shares, based on 28,505,196 Shares outstanding
beneficially owned by Manchester Explorer. Manchester Explorer has the sole power to vote or direct the vote of 0 Shares and the
shared power to vote or direct the vote of 2,261,000 Shares. Manchester Explorer has the sole power to dispose or direct the disposition
of 0 Shares and the shared power to dispose or direct the disposition of 2,261,000 Shares.
As of the date hereof, JEB Partners may be
deemed to be the beneficial owner of 1,300,000 Shares, constituting 4.6% of the Shares, based on 28,505,196 Shares outstanding
beneficially owned by JEB Partners. JEB Partners has the sole power to vote or direct the vote of 0 Shares and the shared power
to vote or direct the vote of 1,300,000 Shares. JEB Partners has the sole power to dispose or direct the disposition of 0 Shares
and the shared power to dispose or direct the disposition of 1,300,000 Shares.
As of the date hereof, Mr. Besser may be deemed
to be the beneficial owner of 3,861,000 Shares, constituting 13.5% of the Shares, based on 28,505,196 Shares outstanding beneficially
owned by Mr. Besser. Mr. Besser has the sole power to vote or direct the vote of 300,000 Shares and the shared power to vote or
direct the vote of 3,561,000 Shares. Mr. Besser has the sole power to dispose or direct the disposition of 300,000 Shares and the
shared power to dispose or direct the disposition of 3,561,000 Shares.
There have been no transactions in the Shares
of the Issuer by the Reporting Person in the last 60 days.
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