Wade I. Massad

Wade I. Massad, has been a director of the Company since May 2010. Mr. Massad is the Co-Founder and Co-Managing Member of Cleveland Capital Management, L.L.C., a registered investment advisor and General Partner of Cleveland Capital L.P., a private investment fund focused on micro-cap public and private equity securities, since October 1996. Mr. Massad has served on multiple private and public company boards, and currently serves as a special advisor to the board of Matador Resources Company. Mr. Massad is a graduate of Baldwin-Wallace College and currently serves on its Board of Trustees.

4Licensing Corporation


767 3rd Avenue
17th Floor
New York, NY 10017

Phone: (212) 758-7666
Fax: (212) 754-5481