5. Control

As of September 30, 2014 Mr. Bronson beneficially owns 4,410,649 shares of the Company's common stock. Mr. Bronson's beneficial ownership represents approximately 59% of the Company's issued and outstanding shares of common stock. Accordingly, Mr. Bronson has effective control of the Company. In the election of directors, stockholders are not entitled to cumulate their votes for nominees. Thus, as a practical matter, Mr. Bronson may be able to elect all of the Company's directors and otherwise direct the affairs of the Company.