Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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Message: The Falcon play

Again, I reiterate my valuation of Falcon at $1.35. Here are 4 of Falcon's 13,000 long-term shareholders. Average purchase price per share for Soliter and Burlingame is about 80 cents.

Largest Shareholders

Burlingame Asset Mgm't

18.0%

Soliter Holdings

12.3%

Management & Directors

7.9%

Persistency

7.1%

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