With the emergence of electronic trading and increased corporate governance and transparency, the public stock market has become a safer place for investors and a more favorable environment for development stage companies to access capital. Instead of relying on the traditional venture capital funding model, we encourage early stage companies with breakthrough technologies to obtain public venture capital by operating as publicly traded companies.

We primarily invest in public companies or companies committed to becoming publicly traded for the following reasons:

• Greater investor protection provided by SEC regulations and disclosure requirements
• Regular flow of information in the form of public filings that include audited annual reports, reviewed quarterly reports and disclosure of significant events
• Corporate governance rules requiring management to act in a responsible manner
• Improved investor liquidity
• Increased access to capital and institutional investors