Jim E. Kjorlien

Founded in 1999 by Mark R. Fraker and Christopher S. Dechiario, ISI Capital LLC is a broker/dealer firm located in New York City. The firm provides in-depth fundamental research for institutional clients. They specialize in under-followed high yield and distressed bonds and special situation equities. ISI Capital is research-driven and is compensated by the trading activity they generate. The firm does not position securities.

Founded in 1989, CRT Capital Group LLC is an institutional securities research and brokerage firm located in Stamford, Connecticut. The firm focuses on high-yield and convertible debt, capital structure arbitrage, mergers and acquisitions, special situations and distressed securities. CRT trades senior and subordinated bonds, bank debt, trade claims, convertible bonds, equities, real estate loans, tax exempt securities and private placements.

E. Dillon & Co. produces and sells construction aggregate, glass dolomite, mineral fillers and extenders, coal mining, and agricultural products. It also offers architectural concrete masonry products for commercial, residential building, and landscaping industries. The company is headquartered in Swords Creek, VA.

Morgan Stanley & Co. LLC is a registered broker-dealer subsidiary of Morgan Stanley Domestic Holdings, Inc., ultimately owned by Morgan Stanley (NYSE: MS) in the US. Headquartered in New York City, the firm was founded in 1987 and provides debt and equity services including underwriting, M&A advice, securities dealing and brokerage and trade execution. Their client base ranges from large global institutional investors to hedge funds at the cutting edge of innovation in the industry.