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EXHIBIT C

LOWRY DECLARATION
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EXHIBIT 1

LOWRY DECLARATION
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RL Consulting Services, Inc

19228 Charandy Drive
Leesburg, VA 20175
R o b e r t W. L o w r y 703-737-3167 (office)
703-623-3932 (mobile)

Qualifications
Summary

Thorough knowledge of the federal securities laws and

regulations, accounting practices, capital formation, and the
customs and practices of the securities industry. Proficient in
examining and investigating broker dealer activities and
investment advisers; inspecting the activities of Self Regulatory
Organizations; making effective oral and written presentations;
analyzing complex financial records and transactions;
conducting internet research; investigating illegal broker dealer
activities; analyzing and calculating markups and markdowns;
and using a personal computer to prepare detailed trading
schedules and other exhibits.

Employment
History

RL Consulting Services Inc.

President • May 1996 to
Present

• Since May 1996, I have been president of RL Consulting

Services, Inc, which is located outside of Washington DC in
Leesburg, VA.

• I have more than 44 years of experience in the securities

industry – including the 23 years when I worked for the
Securities and Exchange Commission in the Division of
Market Regulation. While working at the SEC, I was

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responsible for conducting regulatory examinations and

participating in enforcement investigations.

• My SEC work experience has provided me with the

knowledge, training and experience for understanding how
broker dealers must comply with securities laws and
regulations. My clients have included public companies,
public investors, broker dealers, investment advisers, state
and federal (SEC) regulatory agencies and the Department of
Justice.

• I have been qualified in court and arbitration hearings for

cases involving best execution, market manipulation,
supervision of broker dealers and investment advisers, sales
practices, suitability, churning, damages, clearing firm liability,
broker dealer registration and selling away.

• I have been retained in over 825 matters ranging from

securities arbitration, state and federal regulatory
proceedings, state and federal criminal and civil court
proceedings, as well as compliance related audits for broker
dealers and investment advisers.

• I have appeared in federal court (criminal and civil) on more

than 50 occasions since 1996 and qualified to offer opinions
as an expert in market manipulation, suitability, churning,
supervision and insider trading.

• I have published articles which addressed the subjects of

supervision and best execution for the Practicing Law Institute
and the Public Investors Arbitration Bar Association, and have
appeared on Bloomberg Television. I am recognized as an

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expert in the field of federal securities laws and regulations,

accounting practices, capital formation and the customs and
practices of the securities industry.

Prudential Insurance Company of America, Newark, NJ

Director, Corporate Compliance Dept • May 1995 to May 1996

• I was responsible for assessing securities compliance of

Prudential’s largest broker dealer, Pruco Securities
Corporation.

• I evaluated the adequacy of the supervisory system, branch

office inspection program, training initiatives and compliance
with Prudential's written supervisory procedures.

• I recommended and implemented appropriate corrective action

when needed.
• I conducted sensitive investigations and branch office
inspections to identify systemic weaknesses in the compliance
structure and to respond to regulatory inquiries.

Securities and Exchange Commission, Washington, DC

Senior Accountant, Market Regulation • January 1972 to May
1995

• I evaluated the SEC's broker dealer examination program and

the SEC inspections of self-regulatory organizations (NASD,
NYSE, and AMEX).

• I conducted more than 250 broker-dealer examinations,

inspected the activities of self-regulatory organizations
("SROs").

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• I analyzed complex financial records and securities

transactions, made detailed written and oral reports of
findings, and prepared damage calculations to support my
report findings.

• I maintained routine contact with SEC regional office

personnel to recommend broker dealer examination
priorities and resolve examination issues, and advised staff
on complex regulatory matters.

• I consulted with the Division of Enforcement and the Office of

General Counsel on markup cases considered by the
Commission.

• I worked with the Division of Enforcement on investigations and

litigation matters – which included taking testimony, analyzing
trading data, preparing schedules and analyzing complex
securities transactions.

• I testified on behalf of the SEC in federal court on three

occasions (SEC v. First Jersey Securities, SEC v. Thomas
James and U.S. v. Eric Wynn). I was qualified at trial as an
expert in markups, over-the- counter trading and damages.

Education

University of Maryland, College Park, MD,

B. A. Business Administration, 1976

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Publications

• The Elements of Best

Execution, Practicing Law
Institute, 2001

• How “Red Flags” May Prove Supervision

Cases, Public Investors Arbitration Bar
Association, 2002

• Selling Away in a Supervised Environment,

Public Investors Arbitration Bar Association,
2004

• Representing Claimants in Broker Theft

Cases, Public Investors Bar Association,
2010

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EXHIBIT 2

LOWRY DECLARATION
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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

Alpha Capital v. Group  USDC SDNY 1:02‐cv‐2219 
2002 Defendant Market Manipulation Declaration
Management (LBS)
Expert Report,
2012 Anchor Bank v. Hofer USDC WDWI 3:09‐cv‐00610 Defendant Market Manipulation
Deposition

2012 Barbachano v. Standard Chartered USDC SDNY 1:11‐cv‐03553 Plaintiff Suitability Expert Report

2013 Barbachano v. Standard Chartered USDC SDNY 1:11‐cv‐03553 Plaintiff Suitability Deposition

1998 Bishop v. Merrill Lynch USDC Birmingham AL Plaintiff Supervision Deposition

USDC SDNY 1:01‐cv‐76819 
2002 Black v. Finantra Plaintiff Market Manipulation Trial Testimony
(JSR)
BNP v. American Entertainment  USDC Bankruptcy, Baltimore, 
1998 Plaintiff Market Manipulation Trial Testimony
Group MD
USDC SDIL  3:01‐cv‐00176  Trial Testimony,
2003 Boland v. A. G. Edwards Plaintiff Rule 144
(GBC) Expert Report

2018 Caldwell v. Vantage Benefits USDC 3:17‐cv‐3459 Plaintiff Damages Expert Report

2000 Corsair v. Wedbush USDC LA 8:99‐cv‐00470 AHS Defendant Market Manipulation Trial Testimony

Fortunet, Inc. v. Melange  USDC, District of NV 
2006 Plaintiff Disclosure Expert Report
Computer Services 2:04‐cv‐01448 (PMP)

1999 Grider v. Merrill Lynch USDC Birmingham AL Plaintiff Supervision Deposition

Hemispherx Biopharma v. Asensio 
2000 USDC Philadelphia, PA Plaintiff Short Selling Expert Report
& Co
In the Matter of Genesis  USDC District of MN 03‐ Expert Report,
2005 Plaintiff Supervision
Intermedia  cv‐03471 (AJB) Deposition
Last Atlantis v. AGS Specialist  Expert Report
2009 USDC NDIL 1:04‐cv‐00397 Plaintiff Option Order Handling
Partners Deposition
Last Atlantis v. AGS Specialist  Expert Report,
2014 USDC NDIL1:04‐cv‐00397 Plaintiff Best Execution
Partners  Deposition
USDC SDNY 1:99‐cv‐02789  Expert Report,
2009 Levitt v. Bear Stearns Plaintiff Clearing Firm Liability
(MDL) Deposition
USDC District of MD 
2016 Millman v. Questar Capital Plaintiff Suitability, Supervision Expert Report
1:15‐cv‐00894
Trial Testimony,
1998 Mishkin v. Ensminger et al USDC SDNY 1:97‐bk‐08423 Defendant Clearing Firm Liability
Expert Report
USDC EDVA 1:09‐cv‐00753  Suitability, Prudent Investor Deposition,
2009 O’Riordan v. US Trust Plaintiff
(LO) Rule Expert Report
USDC District of AZ 
2010 Premier v. Bank of America Defendant Market Manipulation Expert Report
09‐cv‐02265‐(PHX) (FJM)
USDC SDNY 1:01‐cv‐09058 
2008 SEC v. Absolutefuture.com Plaintiff Market Manipulation, Damages Affidavit
(DAB)
USDC District of CO  Expert Report,
2010 SEC v. AFTI (Geiger) Plaintiff Market Manipulation
10‐cv‐00128 (DME) Declaration
USDC SD FL 17‐62255‐cv‐ Broker Dealer Registration, Expert Report, 
2019 SEC v. Almagarby Plaintiff
Cooke Underwriters Deposition

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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

Expert Report,
2017 SEC v. American Growth Funding II USDC SDNY 1:16‐cv‐00828 Plaintiff Supervision
Deposition

2019 SEC v. American Growth Funding II USDC SDNY 1:16‐cv‐00828 Plaintiff Supervision Testimony

USDC LA 2:96‐cv‐04164  Trial Testimony,
1997 SEC v. Andrew Pitt Plaintiff Market Manipulation
(MRP) Expert Report
USDC EDPA 2:07‐cv‐03800  Short Selling, Insider Trading, 
2008 SEC v. Berlacher Plaintiff Expert Report
(MSG) Damages
Expert Report,
2010 SEC v. Big Apple Consulting USA USDC MDFL 09‐cv‐01963 Plaintiff Due Diligence, BD Registration
Deposition

2012 SEC v. Big Apple Consulting USA USDC MDFL 09‐cv‐01963 Plaintiff Due Diligence, BD Registration Trial Testimony

USDC SDNY 1:05‐cv‐ 09300  Declaration,
2007 SEC v. Boutraille Plaintiff Insider Trading, Options
(GBD) Expert Report

2016 SEC v. Caledonian Bank USDC SDNY 1:15‐cv‐00894 Plaintiff Supervision Expert Report

USDC SDNY 1:05‐cv‐10115 
2007 SEC v. Cameron (Jessop) Plaintiff Market Manipulation Expert Report
(PAC)
USDC District of CT  Expert Report, 
2007 SEC v. CTT Plaintiff Market Manipulation
3:04‐cv‐01331 (JCH) Deposition, Testimony
Expert Report,
2017 SEC v. Dynkowski USDC 1:09‐cv‐361 (GMS) Plaintiff Market Manipulation
Deposition
USDC District of NV 
2006 SEC v. Exotics Plaintiff Market Manipulation Expert Report
2:05‐cv‐00531 (PMP)
USDC District of NV 
2011 SEC v. Exotics Plaintiff Market Manipulation Trial Testimony
2:05‐cv‐00531 (PMP)
Expert Report,
2014 SEC v. Garber USDC SDNY 1:12‐cv‐09339 Plaintiff Unregistered Secs
Deposition
USDC, NDTX 
2006 SEC v. Gregory Brady Plaintiff Damages Expert Report
3:05‐cv‐01416‐D (SAF)
USDC NDTX 3:03‐cv‐00831 
2005 SEC v. Investment Technology Plaintiff Market Manipulation Expert Report
(KJD)
USDC SDCA 3:02‐cv‐00084 
2005 SEC v. James Franklin Plaintiff Market Manipulation Summary Witness
(DMS)
USDC SDFL 1:01‐cv‐00369  Trial Testimony,
2002 SEC v. Jerome Rosen Plaintiff Market Manipulation
(DMM) Expert Report

2002 SEC v. Kfir Barzilay USDC NDIL 1:99‐cv‐05023 Plaintiff Suitability, Churning Expert Report

SEC v. Lancer Group     (Michael  USDC SDFL 9:03‐cv‐80612  Expert Report,

2006 Plaintiff Market Manipulation
Lauer) (KAM) Declaration
USDC SDNY 1:97‐CV‐07267  Expert Report,
1998 SEC v. Leonard Greer Plaintiff Market Manipulation
(MP) Deposition
USDC SDNY 1:06‐CV‐14338 
2008 SEC v. Lyons Plaintiff Short Selling, Damages Expert Report
(SHS)
USDC SDNY 1:06‐CV‐14338 
2009 SEC v. Lyons Plaintiff Short Selling Deposition
(SHS)
USDC, SDNY 1:04‐cv‐01584 
2006 SEC v. Moises Saba Masri Plaintiff Market Manipulation Expert Report
(RJH)

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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

USDC District of CT 3:05‐cv‐
2007 SEC v. Packetport Plaintiff Market Manipulation Expert Report
01747 (JCH)
USDC District of NJ 
2007 SEC v. Pasternak Defendant Supervision Expert Report
1:05‐cv‐03905 (JAP)
USDC District of CO 09‐  Deposition (Summary
2010 SEC v. Regency Plaintiff Market Manipulation
cv‐00497 (DME) Witness)
USDC SDNY 1:85‐cv‐07072 
2000 SEC v. Richard Bertoli Plaintiff Market Manipulation Expert Report
(LBS)
USDC ED PA 07‐cv‐03800  Expert Report,
2010 SEC v. Robert Berlacher Plaintiff Insider Trading
(ER) Trial Testimony
USDC SDNY 1:97‐cv‐05853 
2000 SEC v. Schiffer Plaintiff Market Manipulation Expert Report
(RO)
USDC MDFL 8:04‐cv‐02477 
2007 SEC v. Simmons Plaintiff Market Manipulation Expert Report
(MAP)
USDC SDNY 1:97‐cv‐
1999 SEC v. Simon Rosenfeld Plaintiff Market Manipulation Expert Report
01467 (WHP)
USDC SDNY 1:94‐cv‐06608  Trial Testimony,
2002 SEC v. US Environmental Plaintiff Market Manipulation
(PKL) Expert Report

2000 SEC v. Vigue USDC Portland, ME  Plaintiff Market Manipulation Expert Report

USDC SDNY 1:01‐cv‐09058 
2008 SEC v. Wamex Plaintiff Market Manipulation, Damages Affidavit
(DAB)
USDC DC 1:05‐cv‐00869  Expert Report,
2006 SEC v. Whittemore Plaintiff Market Manipulation
(RMC) Declaration

2011 SEC v. Williams USDC ND of TX 3:10‐cv‐1068 Plaintiff Market Manipulation Expert Report

USDC, District of Utah 
2005 SEC v. Wolfson Plaintiff Market Manipulation Expert Report
2:02‐cv‐01086 (CW)
USDC SDNY 1:06‐cv‐02401 
2007 SEC v. Yaroshinsky Plaintiff Insider Trading Expert Report
(CM)
USDC District of AZ  Supervision, Money Laundering, 
2009 Stern v. Charles Schwab Plaintiff Expert Report
2:09‐cv‐01229 (DGC) Ponzi Scheme
USDC, District of NE  Expert Report,
2006 Telco v. Ameritrade Plaintiff Best Execution
8:05‐cv‐00387 (JFB) Deposition
Transcontinental Realty v.  USDC SDNY 1:01‐cv‐06782 
2002 Plaintiff Section 16B Expert Report
Gotham Partners (MP)
USDC SDFL 1:02‐cr‐20473 
2003 US v.  Kelly Plaintiff Market Manipulation Trial Testimony
(CMA)

2011 US v. Fan USDC Western District of WA Defendant Damages Declaration

USDC SDNY 1:02‐cr‐00986 
2005 US v. Frank Skelly Defendant Damages Expert Report
(RMB)

2015 US v. Fred Montano USDC EDPA 2:13‐cr‐00082 Defendant Damages Expert Report

USDC EDNY 1:03‐cr‐00833 
2011 US v. Gushlak Defendant Damages Expert Report
NGG
USDC EDNY 1:03‐cr‐00833 
2012 US v. Gushlak Defendant Damages Trial Testimony
NGG

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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

USDC EDNY 0:99‐cr‐00697 
2000 US v. Kensington Wells Plaintiff Market Manipulation Trial Testimony
LDW
USDC NDGA 1:99‐cr‐00462 
2000 US v. McClendon et al. Plaintiff Excessive Trading, Damages Trial Testimony
ODE 

2018 US v. Murray Huberfeld USDC SDNY 16‐CR‐0467 (AKH Defendant Hedge Fund Red Flags Expert Report

USDC SDNY 1:01‐cv‐01033 
2002 US v. Pappas Defendant Damages Expert Report
(DAB)
USDC SDNY 1:97‐cv‐05912 
1999 US v. Robert Landau Plaintiff Market Manipulation Expert Report
(SHS)
USDC SDIL 3:99‐cv‐00567 
2001 West v. Prudential Secs Plaintiff Market Manipulation Expert Report
(GPM)
Circuit Court, Cook
2003 Alcala v.  Bear Stearns Movant Clearing Firm Liability Expert Report
County, IL
Circuit Court of MD for 
2015 Bromwell v. Signator Plaintiff Suitability Expert Report
Dorchester County

2013 Christiansen v. Wachovia SC State Court Plaintiff Suitability, Due Diligence Expert Report

Circuit Court, Martin
2011 Clark v. TD Ameritrade Plaintiff Clearing Firm Liability Affidavit
County, FL
Circuit Court for 
Community Firehouse v. Harvest 
2018 Northamption County  Plaintiff Suitability, Supervision Testimony
Financial
Virginia
Circuit Court of Cook Expert Report,
2014 Crowe v. Entrust Plaintiff Supervision
County, IL Deposition
Expert Report, 
2012 Erb v. Jonas Circuit Court, Alexandria VA Plaintiff Damages
Deposition, Testimony
Probate Court Dallas
2010 Griffin v. Albers Plaintiff Supervision Expert Report
TX
Circuit Court of
2015 Hayes v. Morse Capital Plaintiff Supervision, Suitability Expert Report
Rockingham County VA

2000 Haymarket LLC v. D G Jewelry NY Supreme Court Defendant Market Manipulation, Short Selling Testimony

Pennsylvania Common Trial Testimony,
2002 Hemispherx v. Asensio Plaintiff Short Selling
Pleas Court Expert Report

2007 Hennessy v. Granite NY Supreme Court Defendant Supervision Affidavit

In the Matter of Harold Wood v.  District Court for Tulsa
2015 Plaintiff Suitability Expert Report
Mark Lyons County ‐ OK
In the Matter of Harold Wood v.  District Court for Tulsa
2016 Claimant Suitability Testimony
Mark Lyons County ‐ OK
District Court of
2003 Klein v. Oppenheimer Plaintiff Clearing Firm Liability Deposition
Johnson County, KS
Circuit Court of
2010 Lowengart v. Cephus Capital Plaintiff Suitability Affidavit
Jefferson Co AL 09‐ 903145
Circuit Court,
2011 McCarty v. MetLife Plaintiff Suitability, Damages Expert Report
Randolph County, WV
District Court of Dallas Expert Report,
2014 McLendon v. Chapman Hext Plaintiff Suitability, Due Diligence
County, TX Deposition

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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

Superior Court, Criminal Div
2005 New Jersey v. Bazarte Plaintiff Conversion, Damages, Trading Trial Testimony
(Flemington NJ)
New Jersey v. First Standard   NJ Superior Court Essex 
2019 Plaintiff Churning, Suitability, Supervision Expert Report
Financial County 
Superior Court,
2012 NPC v. Kelleher Defendant Supervision, Selling Away Affidavit
Plymouth MA
Superior Court, Los Trial Testimony,
2010 Ohanessian v. SWAT Defendant Disclosure, Market Manipulation
Angeles CA Expert Report
Superior Court, San
2003 Ortega v.  Paloma Plaintiff Sale of Unregistered Secs Declaration
Diego, CA
Expert Report,
2008 Prousalis v. Cohen Milstein DC Superior Court Plaintiff Suitability, Supervision
Testimony
Montgomery County
2002 Toomey v. Deutsche Bank Plaintiff Rule 144 Expert Report
MD Circuit Court
Superior Court Gila
2003 Tucker v.  Graves Plaintiff Supervision, Selling Away Expert Report
County, AZ
Expert Report,
2010 UBS v. Highland Capital Supreme Court NY Defendant Supervision, Insider Trading
Deposition

1998 Verniero v. Brennan NJ State Court ESX‐C‐243‐95 Plaintiff Market Manipulation, Markups Expert Report

Superior Court of the
2011 Warfield v. OptionsXpress Plaintiff Supervision Expert Report
State of Arizona
Circuit Court of Fairfax
2014 Xybernaut v. Troutman Sanders Plaintiff Damages, Summary Witness Deposition
County, VA
Circuit Court of
2015 Zenker v. Sapere Plaintiff Suitability Expert Report
Albemarle Co (VA)
SEC Administrative Expert Report,
2014 SEC v. Anthony (McGinn Smith) Plaintiff Due Diligence, Supervision
Proceeding Trial Testimony
SEC Administrative Expert Report,
2010 SEC v. Bloomfield Plaintiff Supervision
Proceeding Trial Testimony
SEC Administrative Expert Report,
2005 SEC v. Initio (James Patten) Plaintiff Market Manipulation
Proceeding Testimony
SEC Administration Broker Dealer Registration,
2015 SEC v. Ironridge Global Partners Plaintiff Expert Report
Proceeding Underwriters
SEC Administrative Expert Report,
1999 SEC v. Kirk Montgomery Defendant Supervision
Proceeding Trial Testimony
SEC Administrative
1996 SEC v. Osborne Stern Plaintiff Markups Consultant
Proceeding
SEC Administrative Expert Report,
2000 SEC v. Richmark Plaintiff Market Manipulation, Disclosure
Proceeding Testimony
Arkansas Secs Expert Report,
2015 AR v. St Bernard Defendant Suitability
Commissioner Deposition

1998 Continuation of Dennis Milewitz NASD Proceeding Defendant Supervision Testimony

2011 DOE v. David A. Lerner Co FINRA Enforcement Defendant Markups Testimony

1999 Dynamotive Technologies NASDAQ Proceeding Defendant Market Manipulation, Short Selling Expert Report

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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

State of FL, Administrative
2012 FL v. Prime Capital Plaintiff Misrepresentation, Suitability Deposition
Hearings

1997 NASD v. Int'l Trading Group  NASD Arbitration Defendant Markups Testimony

2006 NASD v. Kenneth Pasternak NASD Proceeding Defendant Supervision Expert Report

2001 NASD v. Pacific Day Trading NASD Proceeding Defendant Advertising Trial Testimony

2019 New Jersey v. Gabriel Block NJ Bureau of Securities Plaintiff Churning Expert Report

2014 Agner v. FSC FINRA Arbitration Claimant Supervision, Selling Away Testimony

2003 Alderdice v. Ferris Baker Watts NASD Arbitration Claimant Suitability, Churning, Supervision Testimony

2003 Allen v.  First Union NASD Arbitration Respondent Supervision Testimony

2017 Allen v. Raymond James FINRA Arbitration Claimant Supervision, Selling Away Testimony

2009 Almas Temple v. M&T Secs FINRA Arbitration Claimant Suitability, Supervision Testimony

2015 Aloise v. Trident Secs FINRA Arbitration Claimant Conversion, Supervision Testimony

2017 Amador v. UBS‐PR FINRA Arbitration Claimant Suitability, Supervision Testimony

2016 Ames v. RBC FINRA Arbitration Claimant Supervision Testimony

2005 Anderson Trust v. Morgan Stanley NASD Arbitration Claimant Suitability Testimony

2003 Andrews v.  Bear Stearns NASD Arbitration Claimant Market Manipulation Testimony

2003 Apprendi v.  Merrill Lynch NYSE Arbitration Claimant Suitability, Supervision Testimony

2015 Aukofer v. Baerenz FINRA Arbitration Claimant Suitability, Supervision Testimony

2009 Azmoun v. Scott & Stringfellow FINRA Arbitration Claimant Supervision, Selling Away Testimony

Suitability, Supervision, 
2011 Baker v. Merrill Lynch FINRA Arbitration Claimant Testimony
Communication with the Public

2015 Banafsche v. Robert Baird FINRA Arbitration Respondent Suitability, Supervision Testimony

2006 Barone v. Carlin NASD Arbitration Claimant Supervision, Selling Away Testimony

2017 Barros v. UBS‐PR FINRA Arbitration Claimant Suitability, Supervision Testimony

2006 Becker v. Global Crown Capital NASD Arbitration Respondent Suitability Testimony

2004 Bedford v. Morgan Stanley NASD Arbitration Claimant Suitability, Supervision Testimony

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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

2008 Belaid v. JMFG FINRA Arbitration Claimant Suitability, Supervision Testimony

2013 BKR v. Cantella FINRA Arbitration Claimant Suitability, Supervision Testimony

2014 Blue Bank v. HSBC FINRA Arbitration Claimant Suitability Testimony

2012 Bluegrass v. Santander FINRA Arbitration Claimant Disclosure, Suitability Testimony

1998 Boeche v. Sterling Foster NASD Arbitration Claimant Market Manipulation Testimony

2012 Boyles v. Wachovia FINRA Arbitration Claimant Suitability, Supervision Testimony

2009 Branch v. United Secs FINRA Arbitration Claimant Due Diligence Testimony

Clearing Firm Liability, Market 
2000 Bridges v. Bear Stearns NASD Arbitration Claimant Testimony
Manipulation

2005 Brown v. Kirlin NASD Arbitration Claimant Market Manipulation, Testimony

2013 Buchanan v. Primerica FINRA Arbitration Claimant Communications with Public Testimony

2005 Buehl v. Legg Mason NASD Arbitration Claimant Suitability, Supervision Testimony

2003 Buntemeyer v.  Investacorp NASD Arbitration Respondent Supervision, Suitability Testimony

2012 Burgos v. Banco Popular FINRA Arbitration Claimant Suitability Testimony

2018 Cadilla v. Popular Securities FINRA Arbitration Claimant Suitability, Supervision Testimony

2015 Cameron Knight v. Calton FINRA Arbitration Claimant Suitability, Supervision Affidavit

2002 Castelein v. Wachovia NASD Arbitration Claimant Supervision and Clearing BD Liability Testimony

2008 Cavaliere v. Morgan Stanley FINRA Arbitration Claimant Supervision Testimony

2004 Chang v. Citigroup NASD Arbitration Claimant Suitability, Supervision Testimony

2012 Chickillo v. Raymond James FINRA Arbitration Claimant Supervision, Selling Away Testimony

2007 Circle T v. Banc of America NYSE Arbitration Respondent Supervision, Prime Brokerage Testimony

2010 Citron v. BBVA FINRA Arbitration Claimant Supervision, Selling Away Testimony

2002 Cohen v. Fereydouni NASD Arbitration Respondent Suitability Testimony

2010 Colcolough v. UBS FINRA Arbitration Claimant Suitability Testimony

2017 Conway v. JoycePayne AAA Arbitration Claimant Suitability, Supervision Testimony

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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

2014 Cook v. Crown Capital FINRA Arbitration Claimant Supervision Testimony

2006 Cooper v. Bear Stearns et al. NASD Arbitration Claimant Supervision Testimony

2012 Couturier v. Merrill Lynch FINRA Arbitration Claimant Suitability, Supervision Testimony

Suitability, Supervision and Clearing 
2002 Crosby v. Hampton Porter NASD Arbitration Claimant Testimony
firm liability

2017 Cummings v. UBS‐PR FINRA Arbitration Claimant Suitability, Supervision Testimony

2009 Cusack v. Schwab FINRA Arbitration Claimant Suitability Testimony

2002 Daugherty v. Washington Square NASD Arbitration Respondent Supervision, Selling Away Testimony

2007 Deering v. Gunn Allen NASD Arbitration Claimant Churning Testimony

2018 Diaz v. Popular Securities FINRA Arbitration Claimant Suitability, Supervision Testimony

2013 Dickau v. Morgan Stanley FINRA Arbitration Claimant Supervision, Selling Away Testimony

Suitability, Supervision, Selling 
2014 Dickson v. Golden Beneficial FINRA Arbitration Claimant Testimony
Away

2004 DiRusso v. Merrill Lynch NASD Arbitration Claimant Suitability, Supervision Testimony

2004 DLJ v. Schrock NASD Arbitration Respondent Sale of Restricted Secs Testimony

2018 EFCO v. C L King FINRA Arbitration Claimant Supervision Testimony

2016 Ehrenspeck v. Lightspeed FINRA Arbitration Claimant Supervision Testimony

2010 Eisenstein v. H Beck FINRA Arbitration Claimant Suitability, Supervision Testimony

2006 Engel v. Ladenburg NASD Arbitration Respondent Suitability, Supervision Testimony

2004 ESCAM v. Morgan Stanley NASD Arbitration Claimant Suitability, Supervision Testimony

2003 Fagan v.  Prudential NASD Arbitration Claimant Best Execution, Supervision  Testimony

1998 Faxon v. Dean Witter NASD Arbitration Claimant Suitability Testimony

2016 Fernandez v. UBS‐PR FINRA Arbitration Claimant Suitability, Supervision Testimony

2016 Fernandez v. UBS‐PR FINRA Arbitration Claimant Suitability, Supervision Testimony

1998 Fiero v. Waldron NASD Arbitration Respondent Market Manipulation, Short Selling Testimony

2001 Fliegel v. Schwab NASD Arbitration Respondent Best Execution Testimony

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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

2001 Fontana v Washington Square NASD Arbitration Respondent Supervision, Selling Away Testimony

Francois v. Dallas Research & 
1998 NASD Arbitration Claimant Market Manipulation Testimony
Trading

1998 Franklin v. Morgan Keegan NASD Arbitration Claimant Supervision, Selling Away Testimony

1998 Gammon v. PaineWebber NASD Arbitration Claimant Misrepresentation Testimony

2015 Geiersbach v. Ameriprise FINRA Arbitration Claimant Suitability, Supervision Testimony

2004 Gililland v. Financial West NASD Arbitration Claimant Suitability, Supervision Testimony

2008 Gilman v. Morgan Keegan FINRA Arbitration Claimant Suitability, Supervision Testimony

2000 Gisler v. Josephthal NASD Arbitration Respondent Suitability Testimony

2015 Glenny White v. Ameriprise FINRA Arbitration Claimant Supervision Testimony

2009 Glonti v. RBC Dain FINRA Arbitration Claimant Suitability, Supervision Testimony

2018 Gnocchi v. UBS‐PR FINRA Arbitration Claimant Suitability, Supervision Testimony

2004 Gontram v. Salomon Smith Barney NASD Arbitration Claimant Suitability, Supervision Testimony

2016 Gorguze v. C. L. King FINRA Arbitration Claimant Supervision Testimony

2012 Grace v. Brookville FINRA Arbitration Claimant Suitability, Damages Testimony

2009 Grasso v. Merrill Lynch FINRA Arbitration Claimant Supervision Testimony

1998 Greenberg v. Bear Stearns NASD Arbitration Claimant Clearing Firm Liability Testimony

2016 Greene v. Merrill Lynch FINRA Arbitration Claimant Suitability, Supervision Affidavit

2002 Grivas v. Bluestone NASD Arbitration Claimant Suitability, Supervision Testimony

2002 Hardy v. Walsh Manning NASD Arbitration Respondent Market Manipulation, Suitability Testimony

2015 Hayes v. Crawford FINRA Arbitration Claimant Supervision, Selling Away Testimony

2010 Hellyer v. Citigroup FINRA Arbitration Claimant Suitability, Supervision Testimony

2006 Henley v. Walnut Street Secs NASD Arbitration Claimant Supervision, Selling Away Testimony

2017 Hernandez v. UBS‐PR FINRA Arbitration Claimant Suitability, Supervision Testimony

2014 Hillcrest Children’s Center FINRA Arbitration Claimant Supervision Testimony

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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

Short Selling, Conversion, 
2013 HITE v. SMH FINRA Arbitration Claimant Testimony
Misrepresentation

2011 Hix v. ProEquities FINRA Arbitration Claimant Supervision, Selling Away Testimony

2015 Hobby v. Wells Fargo FINRA Arbitration Claimant Suitability Testimony

2007 Honea v. Raymond James FINRA Arbitration Claimant Suitability, Supervision Testimony

2010 Hungerford v. Johnston Lemon FINRA Arbitration Claimant Unauthorized Trading Testimony

2007 IFG v. UBS NASD Arbitration Claimant Supervision, Record Keeping Testimony

2002 Infantolino v. AG Edwards NYSE Arbitration Claimant Suitability, Churning, Supervision Testimony

Best Execution, Payment for Order 
2009 Interactive v. Petra FINRA Arbitration Respondent Testimony
Flow

2005 Jacobs v. Salomon Smith Barney NASD Arbitration Claimant Suitability Testimony

2008 Jamous v. Wachovia FINRA Arbitration Claimant Supervision (Commodities) Testimony

2019 Jones v. Network 1 FINRA Arbitration Claimant Churning, Suitability, Supervision Testimony

2006 Kaltenbacher v. Morgan Keegan NASD Arbitration Claimant Supervision, Selling Away Testimony

Suitability, Supervision, Churning, 
2004 Keilly v. Sands Brothers NASD Arbitration Claimant Testimony
Unauthorized Trading

2005 Kennedy v. Merrill Lynch NASD Arbitration Claimant Suitability, Supervision Testimony

2014 Kerr v. John Thomas Financial FINRA Arbitration Claimant Suitability, Churning, Supervision Testimony

2002 Kessler v.  Edward D.  Jones NASD Arbitration Claimant Conversion, Supervision Testimony

Best Execution, Clearing Broker 
2003 Kessler v.  Lehman AAA Arbitration Claimant Testimony
Dealers

2010 Kilbane v. Ferris Baker Watts FINRA Arbitration Claimant Suitability Testimony

2008 Kirk v. TD Waterhouse FINRA Arbitration Claimant Best Execution, Supervision Testimony

2008 Klaas v. Charles Schwab FINRA Arbitration Claimant Conversion, Supervision Testimony

2005 Kouzmanoff v. Ameritrade NASD Arbitration Claimant Supervision Testimony

2004 Kurth v. Robert Baird Secs NASD Arbitration Claimant Suitability, Supervision Testimony

2013 Kury v. Santander Secs FINRA Arbitration Claimant Suitability, Supervision Testimony

2010 LaCava v. UBS FINRA Arbitration Claimant Form U‐5 Testimony

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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

2006 Lambert v. A G Edwards NASD Arbitration Claimant Suitability, Supervision Testimony

2013 Lamoreaux v. MMS FINRA Arbitration Claimant Supervision, Selling Away Testimony

2009 Lanfear v. GCC FINRA Arbitration Respondent Excessive Trading Testimony

2015 Lang v. Prime Solutions FINRA Arbitration Claimant Supervision, Selling Away Testimony

2010 Lang v. Wachovia FINRA Arbitration Claimant Suitability Testimony

2000 Larisey v. Schwab NASD Arbitration Claimant Best Execution Testimony

2011 Lehner v. Alphine Secs FINRA Arbitration Claimant Best Execution Testimony

2007 Lewis v. UBS FINRA Arbitration Claimant Supervision Testimony

Testimony, Expert
2011 Lieberman v. Morgan Keegan FINRA Arbitration Claimant Due Diligence
Report

2018 Livengood v. Wells Fargo FINRA Arbitration Claimant Suitability, Supervision Testimony

2003 Loud v.  Schild NASD Arbitration Respondent Supervision Testimony

Supervision, Research Analyst
2006 Lyons v. Merrill Lynch NASD Arbitration Claimant Testimony
Disclosure
Communications with Public, 
2011 Madhok v. Charles Schwab FINRA Arbitration Claimant Testimony
Misrepresentation

2003 Maltz v.  Morgan Stanley NYSE Arbitration Claimant Suitability Testimony

2009 Mandell v. Fidelity FINRA Arbitration Claimant Supervision Testimony

1998 Margulis v. Duke Secs NASD Arbitration Claimant Market Manipulation Testimony

2003 Maxwell v.  H&R Block NASD Arbitration Claimant Suitability, Mark ups Testimony

McCaskill v. Raymond James 
2014 FINRA Arbitration Claimant Form U‐5 Testimony
Financial
Suitability, Churning, Supervision, 
2003 McLeod v. Josephthal NASD Arbitration Claimant Testimony
Unauthorized Trading

2005 Meier v. Scott & Stringfellow NASD Arbitration Claimant Suitability, Supervision Testimony

2011 Mekelburg v. Pro Equities FINRA Arbitration Plaintiff Supervision, Selling Away Testimony

2016 Merced v. UBS‐PR FINRA Arbitration Claimant Suitability, Supervision Testimony

2018 Merced v. UBS‐PR FINRA Arbitration Claimant Suitability, Supervision Testimony

Form U‐4 and U‐5 Reporting 
2002 Merrill Lynch v. Berry NASD Arbitration Respondent Testimony
Obligations

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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

2012 Merrill Lynch v. Horvath FINRA Arbitration Respondent Short Selling, Supervision Testimony

Suitability, Supervision, 
2012 Mirabelli v. Merrill Lynch FINRA Arbitration Claimant Testimony
Communication with the Public
Move Inc v. Citigroup 
2009 FINRA Arbitration Claimant Auction Rate Secs Testimony
Management

2019 Mudafort v. UBS‐PR FINRA Arbitration Claimant Suitability, Supervision Testimony

2008 Murphy v. James Patten FINRA Arbitration Claimant Suitability, Supervision Testimony

1998 Nahass v. Sterling Foster NASD Arbitration Claimant Market Manipulation Testimony

2007 Nee v. Banc of America FINRA Arbitration Claimant Form U‐5 Testimony

2002 Nicklos v. Washington Square NASD Arbitration Respondent Supervision, Selling Away Testimony

2008 Nigohosian v. TD Waterhouse FINRA Arbitration Claimant Best Execution, Supervision Testimony

2007 Nigohsian v. Merrill Lynch FINRA Arbitration Claimant Best Execution, Supervision Testimony

2017 Nobilis v. COR Clearing FINRA Arbitration Claimant Conversion, Supervision Testimony

Suitability, Supervision, 
2014 Ontonimo v. BNP Paribas Secs FINRA Arbitration Claimant Testimony
Communication with the Public

2009 Orlando v. Citigroup FINRA Arbitration Claimant Supervision Testimony

Market Manipulation, Best 
2011 Othello v. Penson FINRA Arbitration Claimant Testimony
Execution

2007 Pankey v. UBS NASD Arbitration Claimant Form U‐5, Termination for Cause Testimony

2002 Park v. Prudential NASD Arbitration Claimant Suitability Testimony

2017 Patterson v. Ladenburg FINRA Arbitration Claimant Excessive Trading Testimony

Pacific Stock Exchange
2002 Pelosi v. Bank of America Claimant Suitability Testimony
Arbitration

2017 Pesante v. UBS‐PR FINRA Arbitration Claimant Suitability, Supervision Testimony

2012 Pitch v. Oppenheimer FINRA Arbitration Claimant Supervision, Selling Away Testimony

2003 Quinn v.  Merrill Lynch NASD Arbitration Claimant Suitability, Supervision Testimony

2005 Raitport v. Salomon Smith Barney NASD Arbitration Claimant Supervision Testimony

Testimony, Expert
2011 Ramirez v. Morgan Keegan FINRA Arbitration Claimant Due Diligence, Supervision
Report

2011 Reddy v. Ogilvie FINRA Arbitration Claimant Supervision Testimony

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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

2004 Richards v. Morgan Stanley NASD Arbitration Claimant Suitability, Supervision Testimony

1999 Robins v. Monroe Parker NASD Arbitration Claimant Market Manipulation Testimony

2013 Rodriguez v. BBVA FINRA Arbitration Claimant Suitability, Supervision Testimony

2014 Rodriguez v. RBC FINRA Arbitration Claimant Disclosure Testimony

2017 Rodriguez v. UBS‐PR FINRA Arbitration Claimant Suitability, Supervision Testimony

2010 Rose v. AXA FINRA Arbitration Claimant Suitability Testimony

1999 Rowley v. Harriman Group Inc NASD Arbitration Claimant Market Manipulation Testimony

2012 Ruiz v. Revoal FINRA Arbitration Respondent Supervision Testimony

2011 Runge v. Citigroup FINRA Arbitration Claimant Suitability, Supervision Testimony

2002 Russell v. Prudential NASD Arbitration Claimant Suitability, Supervision Testimony

Schmalz v.  Ladenburg Capital  Suitability, Churning, Unauthorized 
2003 NASD Arbitration Claimant Testimony
Management Trading, Supervision
Suitability, Structured
2010 Schneider v. Frank Rutan FINRA Arbitration Claimant Testimony
Products

2003 Schulz v.  Secs America NASD Arbitration Respondent Supervision Testimony

Suitability, Churning, Supervision, 
2003 Schwartz v. JP Morgan Secs NASD Arbitration Claimant Testimony
Unauthorized Trading

2014 Sciscoe v. FSC Secs FINRA Arbitration Claimant Suitability, Disclosure Testimony

2017 Sexton v. Grimes FINRA Arbitration Respondent Market Manipulation Testimony

Affidavit,
2007 Shami v. Dain Rauscher NASD Arbitration Claimant Supervision
Declaration

2017 Shaw v. Roosevelt & Cross FINRA Arbitration Respondent Suitability, Supervision Testimony

2003 Shiry v.  Painewebber NASD Arbitration Claimant Suitability Testimony

2009 Shore v. Citigroup FINRA Arbitration Claimant Suitability, Supervision Testimony

Affidavit,
2007 Shore v. Dain Rauscher NASD Arbitration Claimant Supervision
Declaration

1998 Short v. Sterling Foster et al. NASD Arbitration Claimant Market Manipulation Testimony

Silberman v. Salomon Smith 
2005 NASD Arbitration Claimant Suitability, Supervision Testimony
Barney

2010 Sleight v. Centaurus FINRA Arbitration Claimant Supervision, Selling Away Testimony

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List of Cases ‐ 1/15/2020

Year Case Name Proceeding Party Subject Appearance

2002 Smith v. Gaines Berland NASD Arbitration Claimant Suitability, Supervision Testimony

2013 Smith v. Primerica FINRA Arbitration Claimant Communications with Public Testimony

2017 Staub v. Morgan Stanley FINRA Arbitration Claimant Suitability, Supervision Testimony

2000 Stein v. Josephthal NASD Arbitration Defendant Supervision, Selling Away Testimony

2000 Stewart v. Keogler Morgan NASD Arbitration Claimant Compensation Testimony

2017 Struble v. Raymond James FINRA Arbitration Claimant Suitability, Supervision Affidavit

2004 Taylor Trust v. Merrill Lynch NASD Arbitration Claimant Suitability, Supervision Testimony

2013 Thistle v. EKN FINRA Arbitration Claimant Suitability, Excessive Trading Testimony

Clearing Firm Liability, Market
2000 Torsiello v. Sterling Foster NASD Arbitration Claimant Testimony
Manipulation
Misrepresentation,  Testimony,
2011 Treichel v. Charles Schwab FINRA Arbitration Claimant
Communications with Public Affidavit

2014 Troutman v. Joseph Gunnar FINRA Arbitration Claimant Suitability, Churning, Supervision Testimony

2005 Tunis v. Salomon Smith Barney NASD Arbitration Claimant Suitability, Supervision Testimony

2014 Urso v. Commonwealth Financial FINRA Arbitration Claimant Supervision, Selling Away Testimony

Market Manipulation, Form U‐5 
2005 Van Pelt v. UBS NASD Arbitration Claimant Testimony
Disclosures
VCG Special Opportunities v. 
2013 FINRA Arbitration Claimant Suitability Testimony
CGMI

2001 Vellone v. First Union AAA Arbitration Claimant Conversion, Supervision Testimony

2016 Vizcarrondo v. UBS PR FINRA Arbitration Claimant Suitability, Supervision Testimony

Communications with Public, 
2011 Vollstedt v. Charles Schwab FINRA Arbitration Claimant Testimony
Misrepresentation
Communications with Public, 
2011 Watts v. Charles Schwab FINRA Arbitration Claimant Testimony
Misrepresentation

2015 Westmoreland v. FSC FINRA Arbitration Claimant Supervision, Selling Away Testimony

2012 Wilton v. Wachovia FINRA Arbitration Claimant Suitability Testimony

2004 Wissner v. Fin Atlantic NASD Arbitration Claimant Suitability, Supervision Testimony

2000 Wright v. May & Co. NASD Arbitration Claimant Suitability Testimony

Communications with Public, 
2011 Young v. Deutsche Bank FINRA Arbitration Claimant Testimony
Misrepresentation

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41

EXHIBIT 3

LOWRY DECLARATION
 Case 0:17-cv-62255-MGC Document 120-3 Entered on FLSD Docket 10/15/2020 Page 33 of
Almagarby ‐ Summary of All Transactions
41
January 31 2013 ‐ July 29 2016
Closing
Debt Debt Closing
Ticker Shares Date 1st Date Last Price Debt Price % Price
Issuer Purchase Purchase Quantity Sold Sale Proceeds Price Last
Symbol Deposited Sale Sale Purchase Change Decline
Amount Date Sale Date
Date

ALUF HOLDINGS INC AHIX $75,000 1/7/2016 704,064,284 572,465,284 1/13/2016 6/27/2016 $141,425 $0.0028 $0.00010 ($0.0027) -96.4%
AXXESS PHARMA AXXE $10,000 7/28/2016 0 0 N/A N/A $0 $0.0001 N/A
BULOVA TECHNOLOGY BTGI $25,000 7/9/2016 4,700,000 4,700,000 7/28/2016 7/29/2016 $15,334 $0.0100 $0.00500 ($0.0050) -50.0%
CD INT'L ENTERPRISES INC CDII $25,000 4/15/2016 111,863,635 111,863,635 4/27/2016 5/16/2016 $53,169 $0.0019 $0.00019 ($0.0017) -89.9%
DANIELS CORP ADVISORY DCAC $45,000 12/7/2015 92,476,601 92,476,601 12/16/2015 1/6/2016 $106,046 $0.0032 $0.00090 ($0.0023) -71.9%
DEWMAR INT'L BMC INC DEWM $17,500 12/10/2013 52,857,142 52,857,142 2/19/2014 11/18/2014 $524,513 $0.0002 $0.00600 $0.0058
EAST COAST DIVERSIFIED ECDC $25,000 3/27/2014 500,000,000 500,000,000 4/24/2014 6/11/2014 $49,250 $0.0002 $0.00010 ($0.0001) -50.0%
ELRAY RES INC ELRA $20,000 2/24/2015 25,000,000 172,600 12/4/2015 12/4/2015 $1,087 $0.0003 $0.00640 $0.0061
ENERGY REVENUE AMERICA INC ERAO $1,000 5/19/2014 22,000,000 22,000,000 5/19/2014 5/31/2016 $0 $0.0711 $0.00250 ($0.0686) -96.5%
EYES ON THE GO INC AXCG $14,676 2/28/2014 36,690,000 36,690,000 4/14/2014 4/15/2014 $64,877 $0.0008 $0.00180 $0.0010
GOLD & SILVER MINING OF NEVADA INC RAKR $69,841 6/4/2015 598,758,680 598,758,680 6/16/2015 11/25/2015 $144,416 $0.0010 $0.00020 ($0.0008) -80.0%
GOLD AND GEMSTONE MINING INC GGSM $11,000 10/30/2014 161,300,000 161,300,000 12/3/2014 4/24/2015 $31,445 $0.0040 $0.00040 ($0.0036) -90.0%
GREEN ENERGY ENTERPRISES INC GYOG $15,000 3/14/2016 10,527,272 10,527,272 3/21/2016 4/8/2016 $32,056 $0.0105 $0.00190 ($0.0086) -81.9%
GREENFIELD FARMS FOOD INC GRAS $6,250 8/17/2015 8,330,000 8,330,000 9/4/2015 9/4/2015 $1,641 $0.0006 $0.00030 ($0.0003) -50.0%
GRID PETROLEUM CORP / SIMLATUS CORP SIML $16,000 10/15/2015 324,560,000 324,560,000 10/28/2015 4/27/2016 $39,438 $0.0060 $0.00020 ($0.0058) -96.7%
GRILLIT INC GRLT $21,500 10/17/2014 331,011,194 331,011,194 11/24/2014 12/8/2015 $83,509 $0.0184 $0.00019 ($0.0182) -99.0%
HALBERD CORPORATION HALB $15,000 1/31/2013 1,500,000 1,500,000 7/17/2013 7/25/2013 $19,492 $0.0196 $0.01000 ($0.0096) -49.0%
HALITRON INC HAON $20,184 7/1/2016 25,230,125 12,892,155 7/22/2016 7/29/2016 $30,997 $0.0037 $0.00220 ($0.0015) -40.5%
HEALTHNOSTICS INC ETII $1,000 4/17/2014 100,000,000 94,551,357 8/6/2014 6/16/2015 $10,790 $0.0006 $0.00120 $0.0006
HYBRID COATING TECHNOLOGIES HCTI $32,000 7/1/2015 26,820,306 26,820,306 7/15/2015 12/7/2015 $119,906 $0.0045 $0.00140 ($0.0031) -68.9%
IN OVATIONS HOLDING INC INOH $55,000 3/7/2014 367,500,000 367,500,000 4/8/2014 4/10/2015 $132,393 $0.0099 $0.00020 ($0.0097) -98.0%
INDO GLOBAL EXCHANGE(S) IGEX $28,049 7/31/2015 115,000,000 115,000,000 10/19/2015 12/23/2015 $28,798 $0.0019 $0.00040 ($0.0015) -78.9%
INOLIFE TECHNOLOGIES INC INOL $20,000 2/12/2014 136,500,000 136,500,000 12/23/2014 4/10/2015 $13,356 $0.0017 $0.00010 ($0.0016) -94.1%
INTERNETARRAY INC INAR $6,000 4/16/2014 975,000,000 423,623,198 4/16/2014 12/5/2014 $4,814 $0.0003 $0.00010 ($0.0002) -66.7%
LAS VEGAS RAILWAYS XTRN $66,800 11/24/2014 522,215,986 522,215,986 12/23/2014 6/22/2015 $143,592 $0.0016 $0.00010 ($0.0015) -93.8%
LIG ASSETS INC LIGA $50,000 10/23/2014 298,214,285 298,214,285 11/24/2014 6/1/2015 $93,733 $0.0013 $0.00010 ($0.0012) -92.3%
MEDICAL CARE TECHNOLOGIES MDCE $9,282 1/23/2014 102,864,000 102,864,000 5/8/2014 6/27/2014 $24,484 $0.0018 $0.00020 ($0.0016) -88.9%
MINING GLOBAL INC MNGG $14,000 7/2/2014 280,000,000 280,000,000 8/15/2014 8/15/2014 $28,000 $0.0002 $0.00010 ($0.0001) -50.0%
MYECHECK INC MYEC $47,176 N/A 60,000,000 60,000,000 4/23/2014 9/11/2014 $0 $0.0240 $0.02050 ($0.0035) -14.6%

Page 1 of 2
 Case 0:17-cv-62255-MGC Document 120-3 Entered on FLSD Docket 10/15/2020 Page 34 of
Almagarby ‐ Summary of All Transactions
41
January 31 2013 ‐ July 29 2016
Closing
Debt Debt Closing
Ticker Shares Date 1st Date Last Price Debt Price % Price
Issuer Purchase Purchase Quantity Sold Sale Proceeds Price Last
Symbol Deposited Sale Sale Purchase Change Decline
Amount Date Sale Date
Date

NEXT GALAXY CORP NXGA $30,000 12/22/2015 72,600,000 72,600,000 12/29/2015 1/19/2016 $40,101 $0.0027 $0.00020 ($0.0025) -92.6%
NORTH AMERICAN CANNABIS HOLDINGS ALGA $15,000 3/2/2016 0 0 N/A N/A $0 $0.0004 N/A
PM&E INC PMEA $12,500 2/2/2015 0 0 N/A N/A $0 $0.0003 N/A
1
POTNETWORK HOLDINGS INC POTN $25,000 7/31/2015 301,000,000 301,000,000 9/9/2015 5/4/2016 $47,287 $0.0004 $0.00001 ($0.00037) -96.3%
PPJ HEALTHCARE ENTERPRISES PPJE $155,254 1/22/2014 1,041,721,620 967,701,041 3/26/2014 2/19/2016 $315,183 $0.0038 $0.00010 ($0.0037) -97.4%
QUASAR AEROSPACE INDUSTRIES GYOG $25,000 10/17/2014 375,000,000 375,000,000 12/19/2014 2/5/2015 $73,406 $0.0003 $0.00020 ($0.0001) -33.3%
SANOMEDICS INT'L HOLDINGS INC SIMH $60,000 10/28/2015 81,700,016 81,700,016 11/3/2015 4/7/2016 $59,719 $0.2300 $0.00010 ($0.2299) -100.0%
SEVEN ARTS ENTERTAINMENT INC SAPX $15,000 10/28/2014 300,000,000 300,000,000 5/15/2015 5/19/2015 $63,843 $0.0030 $0.00010 ($0.0029) -96.7%
URBAN AG CORP AQUM $25,000 11/4/2013 247,000,000 247,000,000 11/18/2013 1/13/2014 $63,283 $0.0010 $0.00010 ($0.0009) -90.0%

ALL SECURITIES $1,125,012 8,414,005,146 7,614,394,752 $2,601,383

1
Closing Price Last Sale Date Adjusted for 1000 for 1 reverse stock split

Page 2 of 2
Case 0:17-cv-62255-MGC Document 120-3 Entered on FLSD Docket 10/15/2020 Page 35 of
41

EXHIBIT 4

LOWRY DECLARATION
Case 0:17-cv-62255-MGC Document 120-3 Entered on FLSD Docket 10/15/2020 Page 36 of
41

Fast Answers

Penny Stock Rules

The term "penny stock" generally refers to a security issued by a very small company that trades at less than
$5 per share. Penny stocks generally are quoted over-the-counter, such as on the OTC Bulletin Board (which
is a facility of FINRA) or OTC Link LLC (which is owned by OTC Markets Group, Inc., formerly known as Pink
OTC Markets Inc.); penny stocks may, however, also trade on securities exchanges, including foreign
securities exchanges. In addition, the definition of penny stock can include the securities of certain private
companies with no active trading market.
Penny stocks may trade infrequently, which means that it may be difficult to sell penny stock shares once you
own them. Moreover, because it may be difficult to find quotations for certain penny stocks, they may be
difficult, or even impossible, to accurately price. For these, and other reasons, penny stocks are generally
considered speculative investments. Consequently, investors in penny stocks should be prepared for the
possibility that they may lose their whole investment (or an amount in excess of their investment if they
purchased penny stocks on margin).
Because of the speculative nature of penny stocks, Congress prohibited broker-dealers from effecting
transactions in penny stocks unless they comply with the requirements of Section 15(h) of the Securities
Exchange Act of 1934 ("Exchange Act") and the rules thereunder. These SEC rules provide, among other
things, that a broker-dealer must (1) approve the customer for the specific penny stock transaction and
receive from the customer a written agreement to the transaction; (2) furnish the customer a disclosure
document describing the risks of investing in penny stocks; (3) disclose to the customer the current market
quotation, if any, for the penny stock; and (4) disclose to the customer the amount of compensation the firm
and its broker will receive for the trade. In addition, after executing the sale, a broker-dealer must send to its
customer monthly account statements showing the market value of each penny stock held in the customer's
account.
For more information, read the penny stock rules section of our Broker-Dealer Registration Guide. You may
also want to review the penny stock rules (Exchange Act Section 15(h) and Exchange Act Rules 3a51-1 and
15g-1 through 15g-100).
Before you consider investing in the stock of any small company, be sure to read our brochure, Microcap
Stock: A Guide for Investors.

 
Modified: May 9, 2013 
Case 0:17-cv-62255-MGC Document 120-3 Entered on FLSD Docket 10/15/2020 Page 37 of
41

EXHIBIT 5

LOWRY DECLARATION
 Case 0:17-cv-62255-MGC Document 120-3 Entered on FLSD Docket 10/15/2020 Page 38 of
SUMMARY OF ALMAGARBY - MEG SALES
41 TRANSACTIONS
January 31, 2013 to July 29, 2016
Total Price % Price
Issuer Sale Quantity Sale Proceeds First Sale Last Sale High Price Low Price
Days Change Change
ALUF HOLDINGS INC 572,465,284 $141,425 01/13/16 06/27/16 166 $0.0020 $0.0001 ($0.0019) -95.00%
AXXESS PHARMA 0 $0
BULOVA TECHNOLO 4,700,000 $15,334 07/28/16 07/29/16 1 $0.0050 $0.0038 ($0.0012) -24.00%
CD INT'L ENTERPRISES INC 111,863,635 $53,169 04/27/16 05/10/16 13 $0.0017 $0.0003 ($0.0014) -81.66%
DANIELS CORP ADVISORY 92,476,601 $106,046 12/16/15 01/06/16 21 $0.0017 $0.0009 ($0.0008) -47.06%
DEWMAR INT'L BMC INC 52,857,142 $524,513 02/19/14 11/18/14 272 $0.0255 $0.0015 ($0.0240) -94.12%
EAST COAST DIVERSIFIED 500,000,000 $49,250 04/24/14 06/11/14 48 $0.0001 $0.0001 $0.0000 0.00%
ELRAY RES INC 172,600 $1,087 12/04/15 12/04/15 0 $0.0064 $0.0064 $0.0000 0.00%
ENERGY REVENUE AMERICA INC 22,000,000 $0 05/19/14 05/31/16 743 $0.0800 $0.0023 ($0.0777) -97.11%
EYES ON THE GO INC 36,690,000 $64,877 04/14/14 04/15/14 1 $0.0018 $0.0017 ($0.0001) -5.56%
GOLD & SILVER MINING OF NEVADA INC 598,758,680 $144,416 06/16/15 11/25/15 162 $0.0600 $0.0001 ($0.0599) -99.83%
GOLD AND GEMSTONE MINING INC 161,300,000 $31,445 12/03/14 04/24/15 142 $0.0004 $0.0001 ($0.0003) -75.00%
GREEN ENERGY ENTERPRISES INC 10,527,272 $32,056 03/21/16 04/08/16 18 $0.0080 $0.0019 ($0.0061) -76.25%
GREENFIELD FARMS FOOD INC 8,330,000 $1,641 09/04/15 09/04/15 0 $0.0003 $0.0003 $0.0000 0.00%
GRID PETROLEUM CORP / SIMLATUS CORP 324,560,000 $39,438 10/28/15 04/27/16 182 $0.0012 $0.0001 ($0.0011) -91.67%
GRILLIT INC 331,011,194 $83,509 11/24/14 12/08/15 379 $0.0065 $0.0002 ($0.0063) -97.08%
HALBERD CORPORATION 1,500,000 $19,492 07/17/13 07/25/13 8 $0.0156 $0.0100 ($0.0056) -35.90%
HALITRON INC 12,892,155 $30,997 07/22/16 07/29/16 7 $0.0027 $0.0022 ($0.0005) -18.52%
HEALTHNOSTICS INC 94,551,357 $10,790 08/06/14 06/16/15 314 $0.0012 $0.0001 ($0.0011) -91.67%
HYBRID COATING TECHNOLOGIES 26,820,306 $119,906 07/15/15 12/07/15 145 $0.0100 $0.0014 ($0.0086) -86.00%
IN OVATIONS HOLDING INC 367,500,000 $132,393 04/08/14 04/10/15 367 $0.0080 $0.0001 ($0.0079) -98.75%
INDO GLOBAL EXCHANGE(S) 115,000,000 $28,798 10/19/15 12/23/15 65 $0.0017 $0.0002 ($0.0015) -86.00%
INOLIFE TECHNOLOGIES INC 136,500,000 $13,356 12/23/14 04/10/15 108 $0.0002 $0.0001 ($0.0001) -50.00%
INTERNETARRAY INC 423,623,198 $4,814 04/16/14 12/05/14 233 $0.0003 $0.0001 ($0.0002) -66.67%
LAS VEGAS RAILWAYS 522,215,986 $143,592 12/23/14 06/22/15 181 $0.0013 $0.0001 ($0.0012) -92.31%
LIG ASSETS INC 298,214,285 $93,733 11/24/14 06/01/15 189 $0.0014 $0.0001 ($0.0013) -92.86%
MEDICAL CARE TECHNOLOGIES 102,864,000 $24,484 05/08/14 06/27/14 50 $0.0003 $0.0001 ($0.0002) -66.67%
MINING GLOBAL INC 280,000,000 $28,000 08/15/14 08/15/14 0 $0.0002 $0.0002 $0.0000 0.00%
MYECHECK INC 1 60,000,000 $1,336,410 04/23/14 09/11/14 141 $0.0492 $0.0107 ($0.0385) -78.25%
NEXT GALAXY CORP 72,600,000 $40,101 12/29/15 01/19/16 21 $0.0018 $0.0002 ($0.0016) -88.89%
NORTH AMERICAN CANNABIS HOLDINGS 0 $0
PM&E INC 0 $0
POTNETWORK HOLDINGS INC 301,000,000 $47,287 09/16/15 05/04/16 231 $0.0200 $0.0001 ($0.0199) -99.35%
PPJ HEALTHCARE ENTERPRISES 967,701,041 $315,183 03/26/14 02/19/16 695 $0.0044 $0.0001 ($0.0043) -97.73%
QUASAR AEROSPACE ENTERPRISES 375,000,000 $73,406 12/19/14 02/05/15 48 $0.0002 $0.0002 $0.0000 0.00%
SANOMEDICS INT'L HOLDINGS INC 81,700,016 $59,719 11/03/15 04/07/16 156 $0.1700 $0.0001 ($0.1699) -99.94%
SEVEN ARTS ENTERTAINMENT INC 300,000,000 $63,843 05/15/15 05/19/15 4 $0.0009 $0.0001 ($0.0008) -88.89%
URBAN AG CORP 247,000,000 $63,283 11/18/13 01/13/14 56 $0.0005 $0.0001 ($0.0004) -80.00%
TOTAL PROCEEDS 7,614,394,752 $3,937,793

TOTAL PROCEEDS DEBT CONVERSION 7,554,394,752 $2,601,383

1 PROCEEDS FROM SALE OF PRIVATE PLACEMENTS60,000,000 $1,336,410
Case 0:17-cv-62255-MGC Document 120-3 Entered on FLSD Docket 10/15/2020 Page 39 of
41

EXHIBIT 6

LOWRY DECLARATION
 Case 0:17-cv-62255-MGC Document 120-3 Entered on FLSD Docket 10/15/2020 Page 40 of
Almagarby‐MEG Dilution of Shares Outstanding
41 Exhibit 6
January 31 2013 ‐ July 29 2016
Shares 
1st DPA  Shares  Shares Issued   % Dilution     
Issuer Ticker SEC Filing Outstanding  Shares Sold
Date Outstanding (1) (2) (2) / (1)
Date
Aluf Holdings, Inc. 1 AHIX 01/07/16 12/31/2015 117,819,051 703,964,284 572,365,284 597.50%
Axxess Pharma, Inc. AXXE 07/28/16 62,460,000 62,460,000
Bulova Technologies Group, Inc. BTGI 07/09/16 3/31/16 10Q 5/20/2016 81,768,518 22,448,812 22,448,812 27.45%
CD International Enterprises, Inc. CDII 04/15/16 3/25/16 14C 3/8/2016 707,212,604 111,863,635 111,863,635 15.82%
CUBA Beverage Company CUBV 03/16/16 100,000,000 0
Daniels Corporate Advisory Company, Inc. DCAC 12/07/15 2/1/16 14C 1/14/2016 323,001,887 92,476,601 92,476,601 28.63%
Dewmar International BMC, Inc. DEWM 12/10/13 9/30/13 10Q 11/14/2013 1,010,858,175 254,857,142 254,857,142 25.21%
East Coast Diversified Corp. ECDC 03/27/14 12/31/13 10K 4/14/2014 8,273,257,071 500,000,000 500,000,000 6.04%
Elray Resources, Inc. ELRA 02/24/15 2/4/15 13G 2/4/2015 124,747,829 26,350,000 172,600 21.12%
Energy Revenue America, Inc. 1 ERAO 08/18/14 6/30/2014 39,041,111 6,000,000 0 15.37%
Eyes on the Go, Inc. AXCG 02/28/14 12/31/13 10K 12/31/2013 2,084,675,792 73,380,000 36,690,000 3.52%
Gold & Silver Mining of Nevada, Inc. CJTF 06/04/15 N/A 598,758,720 598,758,680
Gold and GemStone Mining Inc. GGSM 10/30/14 10/31/14 10Q 11/6/2014 725,555,834 161,300,000 161,300,000 22.23%
Green Energy Enterprises, Inc. 1 GYOG 03/14/16 12/31/2015 30,708,142 10,527,272 10,527,272 34.28%
Greenfield Farms Food, Inc. GRAS 08/17/15 6/30/15 10Q 8/10/2015 116,273,593 8,330,000 8,330,000 7.16%
GRPR/ 
Grid Petroleum Corp./Simlatus Corporation 10/15/15 9/30/15 10Q 10/19/2015 100,014,957 324,560,000 324,560,000 324.51%
SIML
Halberd Corporation 1 HALB 01/31/13 1/31/2013 265,387,104 1,500,000 1,500,000 0.57%
1
Halitron, Inc.  HAON 07/01/16 6/30/2016 581,690,348 25,230,125 25,230,125 4.34%
1
Healthnostics, Inc.  HNSS 04/17/14 3/31/2014 11,901,271,706 100,000,000 94,551,357 0.84%
Healthy & Tasty Brands Corporation (a/k/a 
GRLT 10/17/14 9/30/2014 96,658,190 219,011,194 219,011,194 226.58%
GRILLiT, Inc.) 1
Hybrid Coating Technologies, Inc. HCTI 07/01/15 3/31/2015 10Q/A 5/20/2015 57,856,880 26,820,306 26,820,306 46.36%
1
In Ovations Holdings, Inc.  INOH 03/07/14 3/31/2014 1,372,210,675 377,500,000 367,500,000 27.51%
Indo Global Exchange(s) Pte, Ltd. IGEX 10/29/15 4/30/15 10Q/A 9/22/2015 914,739,928 90,000,000 90,000,000 9.84%
InoLife Technologies, Inc. INOL 02/12/14 9/30/13 10Q 12/6/2013 305,399,944 205,500,000 136,500,000 67.29%
1
InternetArray, Inc.  INAR 06/16/14 6/30/2014 7,093,271,060 600,000,000 48,623,198 8.46%

1
 Unaudited financial statements available at:   https://sec.report/CIK/ Page 1 of 2
 Case 0:17-cv-62255-MGC Document 120-3 Entered on FLSD Docket 10/15/2020 Page 41 of
Almagarby‐MEG Dilution of Shares Outstanding
41 Exhibit 6
January 31 2013 ‐ July 29 2016
Shares 
1st DPA  Shares  Shares Issued   % Dilution     
Issuer Ticker SEC Filing Outstanding  Shares Sold
Date Outstanding (1) (2) (2) / (1)
Date
Las Vegas Railway Express, Inc. XTRN 11/24/14 9/30/14 10Q 11/14/2014 245,900,593 522,215,986 522,215,986 212.37%
1
LIG Assets, Inc.  LIGA 10/23/14 11/13/2014 402,609,423 298,214,285 298,214,285 74.07%
Medical Care Technologies Inc. 1 MDCE 01/23/14 12/31/2013 3,601,923,698 102,864,000 102,864,000 2.86%
Mining Global, Inc. MNGG 07/02/14 280,000,000 280,000,000
MyECheck, Inc. MYEC 09/14/15 47,176,000 0
Next Galaxy Corp. NXGA 12/22/15 11/30/15 10Q 1/14/2016 425,436,727 95,200,000 72,600,000 22.38%
North American Cannabis Holdings, Inc. USMJ 03/02/16 150,000,000 0
PM&E, Inc. PMEA 02/02/15 100,000,000 0
1
PotNetwork Holdings Inc.  POTN 07/31/15 6/30/2015 5,699,150,326 303,000,000 301,000,000 5.32%
PPJ Healthcare Enterprises, Inc. 1 PPJE 01/22/14 12/31/2013 894,094,091 1,237,616,820 971,342,468 138.42%
1
Quasar Aerospace Industries, Inc.  QASP 10/17/14 9/31/14 2971472423 375,000,000 375,000,000 12.62%
Sanomedics, Inc. SIMH 10/28/15 9/30/15 10Q 11/9/2015 8,345,232 81,878,587 81,700,016 981.14%
Seven Arts Entertainment, Inc. SAPX 10/28/14 3/31/2014 10Q 9/12/2014 162,784,252 300,000,000 300,000,000 184.29%
Urban Ag Corp. AQUM 11/04/13 9/30/13 10Q 11/19/2013 1,015,910,869 370,790,000 370,790,000 36.50%
Totals 8,966,793,769 7,442,272,961

1
 Unaudited financial statements available at:   https://sec.report/CIK/ Page 2 of 2