Robert F. Shepard

Percon, Inc. manufactures radio frequency and portable data collection terminals. Its products include bar code readers, data collection mobile computers and RFID systems. The firm also markets bar code input devices. The company is headquartered in Eugene, OR.

Headquartered in New York City, Monarch Capital Group LLC is a full-service, investment-banking firm specializing in identifying small- and micro-cap investment opportunities with substantial growth potential. The firm provides a full array of trading and execution services for their clients. They do not provide any internal research. Monarch is a member of the NASD and the SIPC.

Part of Lewis Asset Management Corp., Lewis Opportunity Fund LP acts as a private equity fund. The company is based in New York, NY.

South Texas Oil Co. is an independent oil and natural gas company that is engaged in the acquisition, production, exploration and development of oil and natural gas properties. The company was founded on July 31, 2001 and is headquartered in San Antonio, TX.

Arthur Andersen LLP used to provide accounting services. It was also into consulting services for clients that operate businesses throughout the United States and around the world. Arthur Andersen was founded in 1913 and was headquartered in Chicago, IL.

The American Institute of Certified Public Accountants provides vocational education in accounting. The company provides services to the accounting community, regulatory bodies, and other organizations. It also operates in Jersey City, Washington, and Lewisville. It was founded in 1887 and is headquartered in New York City, NY.

RBC Wealth Management (RBCWM) is wealth management division of RBC Capital Markets Equity Research, which is ultimately owned by Royal Bank of Canada (NYSE; TSE: RY). Formerly known as RBC Dain Rauscher, Inc., the firm was founded in 2001 and is headquartered in Minneapolis, Minnesota. RBCWM provides trusted advice and wealth management solutions to individuals, families and institutions.

MAM Software, Inc. develops business management software for the automotive aftermarket. Its products include auto part, vast enterprise, vast retread, autocat +, openwebs, warehouse management software. The company was founded in 1984 and is headquartered in Allentown, PA.

University of Southern California is a private research university that mainly offers undergraduate, graduate & other higher education. The university was founded in 1880 and is headquartered in Los Angeles, CA.

Nevada Society of Certified Public Accountants is a professional organization for certified public accountants. It offers CPE courses, conferences, events and CPE policies. The company was founded in 1947 and is headquartered in Reno, NV.

The Association of Certified Fraud Examiners is a global organization that aims to reduce fraud worldwide by empowering anti-fraud professionals with leading-edge training, resources, and professional certification. The organization is based in Austin, TX. The organization offers membership, certification, and recertification programs, as well as fraud resources such as a fraud library, case studies, and a blog.

Institute of Management Accountants, Inc. provides accountants and financial services. The company was founded in 1919 and is headquartered in Montvale, NJ.

The Tennessee Society of Certified Public Accountants (TSCPA) is the state professional organization for certified public accountants. The society's membership is comprised of members in industry, government, business, education and public accounting. It acts on behalf of its members and provides support, enabling its members to perform quality professional services while serving the public interest. The company was founded in 1924 and is located in Brentwood, TN.

De Joya Griffith LLC provides accounting and business consulting services to commercial and individual clients. Its services include business and personal tax, company auditing and accounting, family office, CFO advisory and cloud accounting, small business accounting, law firm management, and forensic accounting and fraud auditing. The company was founded by Arthur de Joya and Jason F. Griffith in 2005 and is headquartered in Henderson, NV.

The Exit Planning Institute (EPI) is the premiere international membership organization serving the educational and resource needs of exit planning professionals. Formed in 2005 to bring together business brokers, M&A advisors, CPAs, financial advisors, attorneys, management consultants and other business advisors, the Exit Planning Institutes members, including some of the most highly recognized leaders in the industry, draw upon their combined expertise to better serve the needs of small and mid-sized business owners worldwide. The common thread uniting these different professionals is their commitment to helping clients exit their companies successfully.

Founded in 2002 by Hunter Thompson and William Davis, Thompson Davis & Co. (TD & Co.) is an independent investment research firm and broker/dealer located in Richmond, Virginia with an additional office in Winston-Salem, North Carolina. The firm is a member of FINRA and the SIPC. TD & Co. provides unbiased, original research and services to institutional and retail investors. They do not perform research on companies for investment banking opportunities. TD & Co. also offers a full-range of financial services ranging from financial planning and private money management to corporate and municipal bonds. TD & Co.'s research team employs a focused methodology. They seek to identified, under followed, undervalued growth companies. The firm uses computer screens that look for companies with sequential revenue and earnings growth and strong balance sheets that are selling at a discount to their growth rates. Specifically, TD& Co. looks for companies with several characteristics: (1) 20% + revenue and earnings growth (2) sequential revenue and earnings growth, i.e., quarter over quarter improvement in both the top and bottom line (3) top management is buying the company's stock in the open market with their own money (4) significant management ownership of the stock (5) strong balance sheets with little or no debt or manageable declining debt, strong cash position or debt reduction efforts (6) operating in a growing market sector (no deep cyclicals or natural resource sectors) (7) gross margin expansion and market share gains and (8) selling at a discount to the company growth rate, allowing for p/e expansion toward growth rate.