Silvermex Resources LTD

Silvermex was a brand new IPO that we assisted in raising the capital for in the summer of 2006. The seed round was priced at .15c and the IPO was at .30c. The stock opened at .60 and has traded in the 1.00 range since that time. I am very proud to be associated with this great success story and feel very optimistic about Silvermex's prospects and continue to hold the majority of the stock that was purchased in the IPO. In a very short time the company was able to prove up just under 10 million ounces of Silver!

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