10
June 3, 2005 /i ULJ, •••• '-"~~ ••..•••••. ..- -- 10 S. Wacker Drive· Suite 2550· Chicago. Il60606 312-715-6228· 800-947-6228 XPRESSTRADE. u.c carries a futures and options trading account for KIT Financial, Inc. on our books and provides this valued client with various order execution and trading- related services. This account bas been assigned number W 4573 in OUT system. KIT Financial, Inc. has fonnally designated Mr. Mahendra Sharma as the corporation's agent and attorney-in-fact with respect to the trading account carried by XPRESSTRADE. In this capacity. Mr. Sharma bas fuD authority to enter orders to buy and sell COmmodity futures and options on behalf of KIT Financial T Inc. You have represented to us that Mr. Sharma solely manages and oversees the trading strategy and entering of orders for this account, and all trading decisions have been made exclusively by Mr. Shanna. We confirm that on.January 1.2005. the liquidating value of this account was $128,427.62. By May31, 2005, the liquidating value of the account bad increased substantially, to . $4.281,207.12. During this period. additional funds of $500,000 were deposited. and a total of $552,000 was withdrawn, thus reducing the initial equity for the year by $52.000, to $76,427.62. During the first five months of 2005, the value of this account increased by $4,204,779.50. This represents a 55.01 times return on the net starting capital at the beginning of the year in this account or an annualized return of 13,204%. The trading results achieved by KIT Financial, Inc. between January 1,2005 and May 31. 2005 were clearly exceptional. It's been a pleasure for those of us here at XPRESSlRADE to have observed such a valued a client realize this degree of success in the marketplace. nE~ Daniel E. O'Neil, Principal XPRESSTRADE, LLC www.xpresstrade.com www.xtfx.com

 · adm investor services, inc. chicago b~jrd of trade building 141 1'1. jackson blvd. suite 1600a chicago, illinois 60604-3190 statement date: may 31, 2005

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Page 1:  · adm investor services, inc. chicago b~jrd of trade building 141 1'1. jackson blvd. suite 1600a chicago, illinois 60604-3190 statement date: may 31, 2005

June 3, 2005

/i

ULJ, ••••'-"~~ ••..•••••...---10 S. Wacker Drive· Suite 2550· Chicago. Il60606

312-715-6228· 800-947-6228

XPRESSTRADE. u.c carries a futures and options trading account for KIT Financial, Inc.on our books and provides this valued client with various order execution and trading-related services. This account bas been assigned number W4573 in OUT system.

KIT Financial, Inc. has fonnally designated Mr. Mahendra Sharma as the corporation'sagent and attorney-in-fact with respect to the trading account carried by XPRESSTRADE.In this capacity. Mr. Sharma bas fuD authority to enter orders to buy and sell COmmodityfutures and options on behalf of KIT FinancialT Inc. You have represented to us that Mr.Sharma solely manages and oversees the trading strategy and entering of orders for thisaccount, and all trading decisions have been made exclusively by Mr. Shanna.

We confirm that on. January 1.2005. the liquidating value of this account was $128,427.62.By May31, 2005, the liquidating value of the account bad increased substantially, to

. $4.281,207.12. During this period. additional funds of $500,000 were deposited. and a totalof $552,000 was withdrawn, thus reducing the initial equity for the year by $52.000, to$76,427.62. During the first five months of 2005, the value of this account increased by$4,204,779.50. This represents a 55.01 times return on the net starting capital at thebeginning of the year in this account or an annualized return of 13,204%.

The trading results achieved by KIT Financial, Inc. between January 1,2005 and May 31.2005 were clearly exceptional. It's been a pleasure for those of us here at XPRESSlRADEto have observed such a valued a client realize this degree of success in the marketplace.

nE~Daniel E. O'Neil, PrincipalXPRESSTRADE, LLC

www.xpresstrade.comwww.xtfx.com

Page 2:  · adm investor services, inc. chicago b~jrd of trade building 141 1'1. jackson blvd. suite 1600a chicago, illinois 60604-3190 statement date: may 31, 2005

ADM INVESTOR SERVICES, INC.CHICAGO BOARD OF TRADE BUILDING141 W. JACKSON BLVD. SUITE 1600ACHICAGO, ILLINOIS 60604-3190 STATEMENT DATE: MAY 31, 2005

ACCOUNT NUMBER: K2021

SALESMAN NUMBER; A080INTRODUCED BY; XPRESSTRADE LLC

(312)715-6228

IF YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARE lJNJ\BLETO RESOLVE WITH YOUR BROKER,PLEASE CONTACT AllMISCUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DISCRETIONARY A/C

YOU R ACT I V I T Y T HIS. MONTH

DATE LONG/BUY SHRT/SELL DESCRIPTION EX PRICE/LEGND CC DEBIT CREDIT

5/02/5 21 21 JUL 05 WHEAT A P&L US 12,337.505/02/5 21 JUL 05 WHEAT A FEE/cOMM US 203.075/02/5 54 54 JUL 05 SOYBEANS A P&L US 70,925.005/0215 54 JUL 05 SOYBEANS A FEE/COMM US 522.185/02/5 99 99 JUL 05 SOYBEAN MEAL A P&L US 54,870.005/02/5 99 JUL 05 SOYBEAN MEAL A FEE/COMM US 957.335/02/5 CBT ELECTRONIC FEES ADJUSTMENT US 119.005/02/5 99 99 JUL 05 SOYBEAN OIL A P&L US 27,162.00

ECBOT TRADE5/02/5 99 JUL 05 SOYBEAN OIL A FEE/COMM US 957.33

ECSOT TRADE5/02/5 30 JUN 05 LT CRUDE C FEE/COMM US 311.105/02/5 GLOBEX FEES ADJUSTMENT US 153.005/02/5 99 99 JUN 05 IMM EURO FX B P&L US 184,787.50

GLOBEX TRADE5/02/5 99 JUN 05 IMM EURO FX B FEE/COMM US 952.38

GLOBEX TRADE5/0215 54 JUN 05 JAPANESE YEN B FEE/COMM US 519.48

GLOBE){TRADE

5/03/5 99 99 JUL 05 WHEAT A P&L US 20,.875.005/03/5 99 99 JUL 05 WHEAT A FEE/COMM US 1,914.665/03/5 CBT ELECTRONIC FEES ADJUSTMENT US 243.005/03/5 99 JUL 05 CORN A FEE/COMH US 957.33

ECBOT TRADE5/03/5 45 45 JUL 05 SOYBEANS A P&L US 31,500.00

ECBOT TRADE5/03/5 45 JUL 05 SOYBEANS A FEE/COMM US 435.15

ECBOT TRADE5/03/5 36 JUN 05 DOW AVG INDEX A FEE/COMM US 337.325/03/5 40 JUL 05 HGRADE COPPER C FEE/COMM US 414.805/03/5 9 JUN 05 HEATING OIL C FEE/COMM US 93.335/03/5 18 JUN 05 UNLEAD GAS C FEE/COMM US 186.665/03/5 GLOBEX FEES ADJUSTMENT US 117.005/03/5 54 54 JUN 05 JAPANESE YEN B P&L US 17,762.50

GLOBEX TRADE5/03/5 54 63 JUN 05 JAPANESE YEN B FEE/COMM US 1,125.54

GLOBEX TRADE

5/04/5 1 1 JUL 05 WHEAT A P&L US 125.005/04/5 99 1 JUL 05 WHEAT A FEE/COMM US 967.005/04/5 45 JUL 05 CORN A FEE/COMM US 435.15

ECBOT TRADE5/04/5 36 36 JUN 05 DOW AVG INDEX A P&L US 1,010.00

ECBOT TRADE5/04/5 36 JON 05 row AVG INDEX A FEE/COMM US 337.04

ECBOT TRADE5/04/5 CBT ELECTRONIC FEES ADJUSTMENT US 238.005/04/5 135 135 JUN 05 u.s. T-BONDS A P&L US 43,968.75

ECBOT TRADE

Page 3:  · adm investor services, inc. chicago b~jrd of trade building 141 1'1. jackson blvd. suite 1600a chicago, illinois 60604-3190 statement date: may 31, 2005

ADM INVESTOR SERVICES, INC.CHICAGO B~JRD OF TRADE BUILDING141 1'1. JACKSON BLVD. SUITE 1600ACHICAGO, ILLINOIS 60604-3190

STATEMENT DATE: MAY 31, 2005ACCOUNT NUMBER: K2021

PAGE 2 SALESMAN NUMBER: A080INTRODUCED BY: XPRESSTRADE LLC

(312)715-6228

IF YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DISCRETIONARY AlC

DATE LONG/BUY SHRT/SELL DESCRIPTION EX PRICE/LEGND CC DEBIT CREDIT5/04/5 135 36 JUN 05 U.S. T-BONDS A FEE/COMM US 1,602.27

ECBOT TRADE5/04/5 90 90 JUL 05 HGRADE COPPER C P&L US 68,775.005/04/5 90 99 JUL 05 HGRADE COPPER C FEE/COMM US 1,959.935/04/5 12 12 JUN 05 LT CRUDE C P&L US 20,280.005/04/5 12 JUN 05 LT CRUDE C FEE/COMM US 124.445/04/5 45 45 JUN 05 lIDSTDOLLAR B P&L US 9,860.00

GLOBEX TRADE5/04/5 45 81 JUN 05 AUST DOLLAR B FEE/COMM US 1,212.12

GLOBEX TRADE5/04/5 GLOBEX FEES ADJUSTMENT US 252.005/04/5 63 63 JUN 05 IMM EOOO FX B P&L US 13,675.00

GLOBEX TRADE5/04/5 63 63 JUN 05 IMM EURO FX B FEE/COMM US 1,212.12

GLOBEX TRADE5/05/5 2 2 JUL 05 WHEAT A P&L US 200.00

ECSOT TRADE5/05/5 2 JUL 05 WHEAT A FEE/COMM US 19.34

ECBOT TRADE5/05/5 CBT ELECTRONIC FEES ADJUSTMENT US 83.005/05/5 81 JUL 05 CORN A FEE/COM!{ US 783.27

BeBOT TRADE5/05/5 GLOBEX FEES ADJUSTMENT US 9.005/05/5 9 JUN 05 JAPANESE YEN B FEE/COMM US 86.58

GLOBEX TRADE5/06/5 36 JUL 05 WHEAT A FEE/COMM US 348.125/06/5 36 36 JUN 05 HEATING OIL C P&L US 3,687.605/06/5 36 24 JUN 05 HEATING OIL C FEE/COM!{ US 622.205/06/5 22 22 JUN 05 UNLEAD GAS C P&L US 19,000.805/06/5 22 12 JUN 05 UNLEAD GAS C FEE/COMM US 352.585/06/5 18 JUN 05 AUST DOLLAR B FEE/COMM US 173.16

GLOBEX TRADE5/06/5 81 81 JUN 05 IMM EOOO FX B P&L US 4,350.00

GLOBEX TRADE5/06/5 81 81 JUN 05 IMM EURO FX B FEE/COMM US 1,558.44

GLOBEX TRADE5/06/5 GLOBEX FEES ADJUSTMENT US 261.005/06/5 81 JUN 05 JAPANESE YEN B FEE/COM!{ US 779.22

GLOBEX TRADE5/09/5 18 JUN 05 LT CRUDE C FEE/COMM US 186.665/09/5 15 JUN 05 HEATING OIL C FEE/COMM US 155.555/11/5 132 132 JUL 05 WHEAT A P&L US 8,550.005/11/5 132 JUL 05 WHEAT A FEE/COMM US 1,276.445/11/5 CBT ELECTRONIC FEES ADJUSTMENT US 198.005/11/5 198 JON as U.S. T-BONDS A FEE/COMM US 1,855.26

ECBOT TRADE5/11/5 99 99 JUL 05 HGRADE COPI'ER C P&L US 5,087.505/11/5 99 JUL 05 HGRADE COPPER C FEE/COM!{ US 1,026.635/12/5 198 JUL 05 WHEAT A FEE/COMM US 1,914.66

Page 4:  · adm investor services, inc. chicago b~jrd of trade building 141 1'1. jackson blvd. suite 1600a chicago, illinois 60604-3190 statement date: may 31, 2005

ADM INVESTOR SERVICES; INC.CHICAGO BOARD or TRADE BUILDING141 W. JACKSON BLVD. SUITE 1600ACHICAGO, ILLINOIS 60604-3190

PAGE

"-

DATE5/12/55/12/55/12/5

5/12/55/12/55/12/55/12155/12/55/1215

5/13/5

5/13/55/13/55/13/55/13/55/13155/13/55/13/5

5/14/55/14/5

5/14/5

5/14/55/14/55/14/5

5/14/55/14/5

STATEMENT DATE: MAY 31, 2005ACCOUNT NU"MBER: K2021

3 SALESMAN NUMBER: AD80INTRODUCED BY: XPRESSTRADE LLC

(312)715-6228

Ir YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMITSCUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DISCRETIONARY AIC

LONG/BUY SHRT/SELL DESCRIPTION EX PRlCE/LEGND CC DEBIT

CBT ELECTRONIC rEES ADJUSTMENT US 396.00198 198 JON 05 U.S. T-BONDS A P&L US

ECBOT TRADE198 198 JUl.05 U.S. T-BONDS A FEE/COMM US 3,710.52

ECBOT TRADE63 63 JON 05 LT CRUDE C F&L US63 JON 05 LT CRUDE C FEE/COMM US 653.31

18 JON 05 HEATING OIL C rEE/COMM US 186.6618 JON 05 UNLEAD GAS C rEE/COMM US 186.66

GLOBEX FEES ADJUSTMENT US 45.0045 JON 05 JAPANESE YEN B FEE/COMM US 432.90

GLOBEX TRADE20- JUt 05 WHEAT A CANCEL US

CANCELLED TRADE20 JUt 05 WHEAT A rEE/COMM US 193.4030 30 JON 05 HEATING OIL C P&t US30 JON 05 HEATING OIL C FEE/COMM US 311.1035 35 JON 05 UNLEAD G.r.5 C P&L US35 JON as UNLEAD GAS C FEE/COMM US 362.9599 99 JON as US $ INDEX D P&t US

99 JON 05 US $ INDEX D rEE/COMM US 1,028.61

198 198 JUt 05 WHEAT A P&t US621 621 JUt 05 CORN A p&t US

ECBOT TRADE198 198 JON 05 U.S. T-BOl<DS A P&t US

ECBOT TRADE27 27 JON 05 HEATING OIt C PSL US36 36 JON 05 UNLEAD GAS C P&t US

198 198 JON 05 ADST DOLLAR B P&L USGLOBEX TRADE

198 198 JON 05 JAPANESE YEN B P&L USGLOBEX TRADEOFFICE TRANSrER TO XPRESSTRADE CASH US 3,122,446.07

CREDIT

129,937.50

156,060.00

193.40

133,614.60216,480.60167,320.00

.00

.00

.00

.00

.00

.00

.00

1. BEGINNING ACCT BALANCE2. P&t AND CASH ACTIVITY3. ENDING ACCT BALANCE4. NET FOTURES PSL

US $ REG ***2,366,290.772,366,290.77-

.00756,155.30

FUTURES P&L

CURRENT MONTH *** YEAR-TO-DATE ***

US 756,155.30 2,809,573.45

/'

Page 5:  · adm investor services, inc. chicago b~jrd of trade building 141 1'1. jackson blvd. suite 1600a chicago, illinois 60604-3190 statement date: may 31, 2005

XPRESSTRADE, i..r..».1{} South Wacker DriveSuite 2550Chicago, IL 60606

MONTHLY COMMODITY STATEMEf,/T

STATEMENT DATE: MAY 31, 2005ACCOONT NUMBER.: W4573SALESMAN NUMBER.: WA080

INTRODUCED BY: XPRBSSTRADE LLC(312)715-6228

IF YOU HAVE ANY QUESTIONS OR ISSUESRBGARDIlfG YOUR STATBMBNT, PLEASECONTACT XPRBSSTRADE CUSTOMER SERVICE AT1-800-947-6225 or 1-312-715-6228.DIRBCT ANY E-MAIL QUESTIONS TOSERVICBOXPRBSSTRADE. COH.

* •• * •• •• YOU R ACT I V I T Y T HISDISCRETIONARY A/C

fr •• • *'••LONG/BUY SHRT/SELL DESCRIPTION EX PRlCE/LEGND CC

M 0 NTH •• •• •• •• •• •• *

CRBDIT••

OFFICE TRANSFER FROM ADMIS CASH US5/16/55/16/55/16/5

5/16/5

5/16/55/16/5

5/16/55/16/55/16/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/55/17/5

5/18/55/18/5

5/18/5

9 9 JON 05 HEATING OIL9 JON 05 HEATING OIL

198 198 JON 05 AUST DOLLARGLOBEX TRADE

198 JON 05 AUST DOLLARGLOBEX TRADE

198 198 JUN 05 JAPANESE YENGLOBEX TRADE

198 JUN 05 JAPANESE YENGLOBEX TRADEGLOBEX FEES

36 36 JUN 05 IMM NASDAQ 10036 36 JUN 05 IMM NASDAQ 100

ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16ADJ FEES 5/16JO'L 05 WHEATJO'L 05 CORN

99 JUN 05 n.s , T-BONDSJO'L 05 COFFEE 'c'JO'L 05 COTTONWIRB OUTWIRB TRANSFER FEE

CCB

P&L USFEE/COMK US

P&L US

FEE/COMM USP&L US

B

B

B FEE/COMM US

ADJUSTMENT USB P&L USB FEE/COMM US

ADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT USADJUSTMENT US

A FEE/COMK USA FEE/COMK USA FEE/COMK USD FEE/COD USD FEE/COMK US

CASH USCASH US

19819872108

1-CD

FEE/COMM USCANCEL US

135 JO'L 05 HGRADE COPPERJO'L 05 COFFEE 'c'CANCELLED TRADEJO'L 05 COFFEE 'C' D FEE/COMK US

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEOIATEL Y. YOUR FAlLURE TO EXERCISE IMMEOIATEL Y YOUR RIGHT TO HAVE OIFFERE!IICES OROBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT THl'.T THIS STATEMENT IS CORRECT AND RATIFIED

1

••DEBIT

3,122,446.07

30,429.0081.00

275,470.001,782.00

510,337.501,782.00

864.003,600.00648.00

.622.482.402.482.481.601.861.864.962.486.20

16.005.58

44.6412.338.809.309.30

28.8049.6040.9218.6018.6023.56

1,914.661,914.66

927.63748.08

1,122.1221,000.00

15.00

1,399.9510.39

10.39

REI !\~r~FOR TAX RECORDS

Page 6:  · adm investor services, inc. chicago b~jrd of trade building 141 1'1. jackson blvd. suite 1600a chicago, illinois 60604-3190 statement date: may 31, 2005

XPRESSTRADE, L.L.C.10 South Wacker DriveSuite 2550Chicago, IL 60606

MONTHLY COMMODITY STATEMENT

STATEMENT DATE: MAY 31, 2005

ACCOUNT NUMBER: W4573

2PAGB SALESKlIN NUMBER: n080

INTRODUCED BY, XPRESSTRADE LLC(312)715-6228

IF YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT, PLEASBCONTACT XPRBSSTRADB CUSTOMER SERVICE A'1'1-800-947-6225 or 1-312-715-6228.DIRECT ANY E-MAIL QUESTIONS [email protected].

DATE LONG/BUY SRRT/SELL DESCRIPTION !DC PRICE/LEGHD CC DEBIT CREDIT

5/18/5 18 18 JtJH 05 &BATING OIL C P5:L US 21,621.605/18/5 18 JtJH 05 &BATING OIL C FEE/COJO( US 186.665/18/5 36 36 JON 05 UNLBAD GAS C P5:L US 101.,098.205/18/5 36 JtJH 05 tJHLEAD GAS C FEE/COJO( US 373.325/18/5 298 JtJH 05 US $ INDEX D FEE/COHN US 3,096.225/18/5 243 243 JtJH 05 AUST DOLLAR B PIi:L US 57,660.00

GLOBEX TRADB5/18/5 243 243 JtJH 05 AUST DOLLAR B FEE/COMM US 4,675.32

GLOBEX TRADE5/18/5 GLOB!DC FEES ADJUSTMENT US 729.005/18/5 243 JtJH 05 IMM BORO FX B FEE/COMM US 2,337.66

GLOB!DC TRADE

5/19/5 495 495 JtJL 05 WHEAT A P5:L US 20,100.005/19/5 99 495 JtJL 05 WHEAT A FEE/COMM US 5,743.985/19/5 198 198 JtJL 05 CORN A P5:L US 102,612.505/19/5 198 JtJL 05 CORN A FEE/COMM US 1,914.665/19/5 CBT ELECTRONIC FEES ADJUSTMENT US 99.005/19/5 99 99 JtJH 05 U.S. T-BONDS A P5:L US 1.11,375.00

ECBOT TRADE5/19/5 99 JtJH 05 U.S. T-BONDS A FU/COMM US 927.63

ECBOT TRADE5/19/5 145- JtJH 05 US $ INDEX D CANCEL US 1,506.55

CANCELLED TRADE5/19/5 145 JtJH 05 US $ INDEX D FEE/COJO( US 1,506.555/19/5 GLOBEX FEES ADJUSTMENT US 198.005/19/5 198 JtJH 05 AUST DOLLAR B FEE/COMM US 1,904.76

I 5/19/5GLOBEX TRADEADJ GLOBEX FEES 5/16-5/17 ADJUSTMENT US 432.00I 5/19/5 WIRE OUT CASH US 160,000.00

5/19/5 WIRE TRANSFER FEE CASH US 15.00

I 5/20/5 444 JtJL 05 CORN A FEE/COMM US 4,293.48ECBOT TRADE

5/20/5 81 PUT SEP 05 DOW AVG IND!DC 1000 A NET PRBM US 115,471.17I 5/20/5 CBT ELECTRONIC FEES ADJUSTMENT US 372.00! 5/20/5 198 198 JtJH 05 U.S. T-BONDS A PIi:L US 61,875.00

ECBOT TRADE5/20/5 198 JtJH 05 U.S. T-BONDS A FEE/COMM US 1,855.26

ECBOT TRADE:5/20/5 JtJH 05 HEW FTSE 100 ADJUSTMENT US 739.44

5/20/5 GLOB!DC FEES ADJUSTMENT US 72.005/20/5 72 JtJH 05 AUST DOLLAR B FEE/COMM US 692.64

GLOB!DC TRADE5/20/5 JtJH 05 EtJRIDC DAX IDX ADJUSTMENT US 369.72

5/20/5 JtJH 05 CAC 40 INDEX ADJUSTMENT US 891. 00

5/23/5 63 JtJL 05 PLATINUK C FEE/COMM US 653.315/23/5 GLOBEX FEES ADJUSTMENT US 513.005/23/5 144 JtJH 05 AUST DOLLAR B FEE/COMM US 1,385.28

GLOBEX TRADB

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE TO EXERCISE IMMEOIATEl Y YOUR RIGHT TO HAVE DIFFERENCES OROBJECTIONS CORRECTED WiLL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT is CORRECT AND RI\TIFIED

RETAiN FOR TAX RECORDS

Page 7:  · adm investor services, inc. chicago b~jrd of trade building 141 1'1. jackson blvd. suite 1600a chicago, illinois 60604-3190 statement date: may 31, 2005

XPRESSTRADE, l.L.C.10 South Wacker DriveSuite 2550Chicago, It, 60606

MONTHLY COMMODITY STATEMENT

STATEMENT DATE: MAY 3l., 2005

ACCOUNT NUMBER: W4573PAGB 3 SALESMAN NUMBBR: WA080

J:NTRODO'c:s:DBY: XPRESSTRADB LLC(3l.2)7l.5-6228

IF YOU HAVE ANY QO'BSTtONS OR ISSO'BSREGARDING YOUR STATBIIBNT, PLEASBCONTACT XPRESSTRADB CtJSTOHKR SERVICE ATl.-800-947-6225 or l.-3l.2-7l.5-6228.DIRECT ANY E-MAIL QO'BSTIONS TOSERVICE8XPRESSTRADE.COM.

nT<!t"I"'TTn•••""v •.It"DATE LONG/BOY SHRT/SELL DESCRIPTION EX PRlCE/LEGND CC DEBIT CREDIT

I5/23/5 306 306 JON 05 IMM EO'RO FX B P&L US l.98,450.00GLOBEX TRADE

5/23/5 306 63 JON 05 IMM EO'RO FX B FEE/COMM US 3,549.78GLOBEX TRADE I5/23/5 l. JON 05 one GOOGLE B FEE/COMM O'S 9.32

5/23/5 5 JON 05 onc GOOGLE B FEE/COMM US 46.60 I5/23/5 5 JON 05 onc GOOGLE B FEE/COMM O'S 46.605/23/5 l.5 JON 05 ONEC GOOGLE B FEE/COMM US l.39.805/23/5 5 JON 05 onc GOOGLE B FEE/COMM US 46.605/23/5 l.5 JON 05 osac GOOGLE B FEE/COMM US l.39.805/23/5 4· JON 05 ossc GOOGLB B FEE/COMM O'S 37.285/24/5 l.08 l.08 JUL 05 COTTON D P&L US 58,975.005/24/5 l.08 JUL 05 COTTON D FEE/COHN US l.,l.22.l.25/24/5 GLOBEX FEES ADJUSTMENT US 99.005/24/5 99 JON 05 JAPANBSB YEN B FEE/COHN US 952.38

GLOBBX TRADE5/25/5 CST ELECTRONIC FEES ADJUSTMENT US 8l..005/25/5 8l. JUL 05 CORN A FEE/COMM US 783.27

BCSOT TRADE5/25/5 JON 05 NBW FTSB l.00 ADJUSTMENT US 277.295/25/5 45 JON 05 US $ INDEX D FEE/COMM US 467.555/25/5 GLOBBX FEES ADJUSTMENT US 99.005/25/5 99 99 JON 05 JAPANBSE YEN B P&L US l..237.50

GLOBBX TRADE5/25/5 99 JON 05 JAPANBSE YEN B FEE/COMM US 952.38

GLOBBX TRADE

5/26/5 36 JUL 05 HGRADB COPPBR C FEE/COMM US 373.325/26/5 36 36 JUL 05 COFFBB 'C' D P&L US 68,493.755/26/5 36 JUL 05 COFFEB 'C' D FEE/COMM US 374.045/26/5 27 AUG 05 HEATING OIL C FEB/COMM US 279.995/26/5 27 JUL 05 UNLEAD GAS C FBB/COHN US 279.995/26/5 GLOBBX FEES ADJUSTMENT US 9.005/26/5 9 9 JON 05 AUST DOLLAR B P&L US l.,350.00

GLOBBX TRADE5/26/5 9 JON 05 AO'ST DOLLAR B FEE/COMM US 86.58

GLOBBX TRADB5/26/5 WIRE TRANSFBR FEE CASH US l.5.005/26/5 WIRE OUT CASH US 2l.,000.00

5/27/5 36 36 JUL 05 COFFEE 'C' D P&L O'S 52,068.755/27/5 36 JUL 05 COFFEB 'C' D FEB/COMM US 374.045/27/5 27 27 AUG 05 HEATING OIL C P&L US 2,268.005/27/5 27 AUG 05 HEATING OIL C FEE/COMM US 279.995/27/5 27 27 JUL 05 UNLEAD GAS C P&L O'S 3,969.005/27/5 27 JUL 05 UNLEAD GAS C FEB/COMM US 279.995/3l./5 JON 05 BUREX DAX IDX ADJUSTMENT US 277.295/3l./5 JON 05 CAC 40 INDEX ADJUSTMENT US 405.00

PLEASE REPORT ANY DIFFERENCES OR OBjECTIONS IMMEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR IOBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT THAT THiS STATEMENT IS CORRECT AND RATIFIED

RETAIN FOR TAX RECORDS

Page 8:  · adm investor services, inc. chicago b~jrd of trade building 141 1'1. jackson blvd. suite 1600a chicago, illinois 60604-3190 statement date: may 31, 2005

XPRESSTRADE, l.L.C.10 South Wacker DriveSuite 2550Chicago, IL 60605

MotllTHLY COMMODITY STATEMENT

STATBHBNT DATE: MAY 31, 2005

ACCOUNT NUMBER: W4573PAGE 4 SALESMAN NUMBER: WAOSO

llttIlODUCBDBY: XPRBSSTRADB LLC(312)715-6228

U' YOU HAVE ANY QUESTIONS OR ISSUESREGARDmG YOUR STATBJIBNT. PLEASECONTACT XPRESSTRADB CUSTOMER SERVI:CB AT1-800-947-6225 or 1-312-715-622S.DIRECT ANY B-MAIL QUESTIONS [email protected].

I

* * * .• * .•.* * * * * .• * * * P 0 S I T ION S IN YOUR AC COUNT '* .• * •. '* * * * '* .• .• .• * .• * * .• .•

DATE LONG/BUY SERT/SELL DESCRIPTION EX PRICB/LEGND CC DEBIT CREDIT

4/25/5 99 JUL 05 CORN A 2.20 3/4 US 6,187.504/28/5 16 JUL 05 CORN A 2.18 3/4 US 2,600.004/28/5 83 JUL OS CORN A 2.19 US 12.450.005/03/5 99 JUL 05 CORN A 2.09 US 64,350.005/04/5 45 JUL 05 CORN A 2.06 1/4 US 35,437.505/05/5 12 JUL 05 CORN A 2.07 US 9,000.005/05/5 69 JUL 05 CORN A 2.07 1/4 US 50.887.505/17/5 198 JUL 05 CORN A 2.06 1/4 US 155,925.005/20/5 32 JUL 05 CORN A 2.10 1/4 US 18,800.005/20/5 142 JUL OS CORN A 2.10 1/2 US 81.650.005/20/5 270 JUL 05 CORN A 2.13 US 121.500.005/25/5 81 JUL 05 CORN A 2.21 US 4.050.00

1.146* OPEN TRADE EQUITY 2.22 562,837.50*

15/20/5

AVERAGE LONG: 2.12181 PUT SBP OS DOW AVG INDEX 1000 A 1.4000 US 101,250.0081* OPTION MlUUtBT VALUE 1.2500 101.250.00*

EXPIRE 9/16/05AVERAGE LONG: 1.400

LAST TRADE DATE: 9/15/05

5/1S/5 13 JUL 05 BGRADE COPPER C 134.60 US 35.912.505/18/5 5 JtJL 05 BGRADE COPPER C 134.65 US 13.750.005/18/5 10 JtJL 05 BGRADE COPPER C 134.70 US 27.375.005/1S/5 10 JUL 05 BGRADE COPPBR C 134.75 US 27.250.005/18/5 21 JUL OS BGRADB COPPBR C 134.80 US 56.962.505/18/5 4 JtJL OS BGRADB COPPER C 134.85 US 10.800.005/18/5 20 JtJL 05 BGRADB COPPER C 135.70 US 49.750.005/18/5 15 JtJL OS BGRADE COPPER C 135.80 US 36.937.505/1S/5 1 JUL OS BGRADB COPPER C 135.90 US 2.437.505/18/5 36 JUL 05 BGRADE COPPER C 137.50 US 73.350.005/26/5 36 JtJL OS BGRADE COPPER C 144.20 US 13.050.00

171* OPEN TRADE EQUITY 145.65 347.575.00*AVERAGE SBORT: 137.519

5/20/5 7 JON 05 NEW nSE 100 H 4979.000 BP 1.050.005/20/5 20 JON 05 NEW FTSE 100 B 4979.500 BP 3.100.005/20/5 15 JON 05 NEW nSE 100 H 4980.000 BP 2.400.005/20/5 17 JON 05 NEW nSB 100 H 4980.500 BP 2,805.005/20/5 13 JON 05 NEW FTSE 100 H 4981.000 BP 2.210.005/25/5 9 JON 05 NEW nSB 100 B 4974.500 BP 945.005/25/5 18 JON 05 NEW FTSE 100 H 4975.000 BP 1.980.00

99* OPEN TRADB EQUITY 4964.000 14.490.00*AVERAGE SBORT: 4978.636

5/23/5 27 JtJL 05 PLATINUM C 854.00 US 9.855.005/23/5 4 JUL 05 PLATINUM C 855.00 US 1.260.005/23/5 10 JtJL OS PLATINUM C 855.50 US 2.900.005/23/5 4 JtJL 05 PLATINUM C 857.00 US 860.005/23/5 18 JUL 05 PLATINUM C 858.00 US 2.970.00

63* OPEN TRADE EQUITY 861.30 17.845.00*AVERAGE SHORT: 855.634

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED

RETAlili FOR TAX RECORDS

Page 9:  · adm investor services, inc. chicago b~jrd of trade building 141 1'1. jackson blvd. suite 1600a chicago, illinois 60604-3190 statement date: may 31, 2005

XPRESSTRADE, l.l.C.10 South Wacker DriveSuite 2550Chicago, IL 60606

MONTHLYCOMMODITY STATEMENT

PAGE 5

STATBMBNT DATE: MAY 31, 2005

ACCOUNT NUMBER: W4573SALESMAN' NUMBER: WA080

INTRODUCED BY: XPRBSSTRADE LLC(312)715-6228

J:FYOU HAVE ANY QtJBSTJ:ONSOR l:SStJBSREGARD:mG YOUR STATBMBNT, PLEASBCONTACT XPRESSTRADB CUSTOMER SERVI:CB AT1-800-947-6225 or 1-312-715-6228.DIRECT ANY E-MAl:L QtJBSTl:ONSTOSBRVl:[email protected].

A/(1

DATB LONG/BUY SERT/SELL DESCRl:PTION EX PRICB/LBGND CC DEBl:T CREDl:T

5/18/5 145 JtIN 05 US $ J:NDEX D 86.090 US 247,950.005/J.8/5 153 JtIN 05 US $ J:NDEX 0 86.200 US 244,800.005/25/5 45 JtIN 05 US $ rNDEX D 86.560 US 55,800.00

343* OPEN TRADB BQUl:TY 87.800 548,550.00*AVERAGE LONG: 86.200

5/19/5 24 JtIN 05 AUST DOLLAR B 75.800 US 6,960.005/19/5 21 JtIN 05 AUST DOLLAR B 75.810 US 6,300.005/19/5 45 JtIN 05 AUST DOLLAR B 75.860 US 15,750.005/19/5 77 JtIN 05 AUST DOLLAR B 75.880 US 28,490.005/19/5 22 JtIN 05 AUST DOLLAR B 75.890 US 8,360.005/20/5 72 JtIN 05 AUST DOLLAR B 75.780 US 19,440.005/23/5 135 JtIN 05 AUST DOLLAR B 75.800 US 39,150.005/23/5 7 JtIN 05 AUST DOLLAR B 75.810 US 2,100.005/23/5 2 JtIN 05 AUST DOLLAR B 75.820 US 620.00

405* OPEN TRADB BQUITY 75.510 127,170.00*AVERAGE SHORT: 75.824

5/23/5 1 JtIN 05 ONBe GOOGLB B 255.70 US 2,197.005/23/5 5 JtIN 05 ONBe GOOGLB B 255.88 US 10,895.005/23/5 5 JtIN 05 ONBe GOOGLB B 255.93 US 10,870.005/23/5 15 JtIN 05 ONBC GOOGLB B 255.98 US 32,535.005/23/5 5 JtIN 05 ONBe GOOGLE B 256.02 US 10,825.005/23/5 15 JtIN 05 ONBC GOOGLB B 256.03. US 32,460.005/23/5 4 JtIN 05 ONBe GOOGLB B 256.09 US 8,632.00

50* OPEN TRADB EQUITY 277 .67 108,414.00"AVERAGE SHORT: 255.987

5/20/5 6 JtIN 05 RURBX DAX IDX L 4378.00 EO 15,900.005/20/5 30 JtIN 05 RURBX DAX IDX L 4378.50 EO 79,125.005/31/5 10 JtIN 05 RURBX DAX l:DX L 4475.00 BtJ 2,250.005/31/5 17 JtIN 05 RURBX DAX l:DX L 4475.50 EO 3,612.50

63* OPEN TRADB BQUITY 4484.00 100,887.50*AVERAGB SHORT: 4419.944

5/20/5 54 JtIN 05 CAe 40 INDBX T 4042.50 BtJ 35,910.005/20/5 45 JtIN 05 CAe 40 rNDEX T 4057.00 EO 23,400.005/31/5 45 JtIN 05 CAC 40 rNDBX T 4109.00 BtJ .00

144· OPEN TRADE EQUITY 4109.00 59,310.00*AVERAGE SHORT. 4067.812

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEOlATEL Y. YOUR FAILURE TO EXERCISE lMMI:.DIATEL Y YOUR RIGHT TO HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED

RETAI~J FOR TAX RECORDS

Page 10:  · adm investor services, inc. chicago b~jrd of trade building 141 1'1. jackson blvd. suite 1600a chicago, illinois 60604-3190 statement date: may 31, 2005

XPRESSTRADE, L.L.C.10 South Wacker DriveSuite 2550Chicago, Il 60606

MONTHLY COMMODITY STATEMENT

STATBJqNT DATE: MAY 31, 2005

ACCOUNT NOMBBR: W4573

PAGB 6 SALBSHAN NOMBBR: WA080

INTRODUCED BY: XPRESSTRADB LLC(312)715-6228

IF YOU ~VB ANY QUESTIONS OR ISSUESREGARDrNG YOUR STATBMBNT, PLBASECONTACT XPRESSTRADE CUSTOHBR SBRVl:CE AT1-800-947-6225 or 1-312-715-6228.DIRECT ANY E-MAIL QUESTIONS [email protected].

Ale

*** US $ REG *** ** BRITISH POUND * ** BURO ** * CONVERTED TOTAL *1. BEGINNING ACCT BALANCB .00 .00 .00 .002. PrcLAND CASH ACTrviTY 3,585,927.81 .00 .00 3,585,927.813. ENDDlG ACCT BALANCE 3,585.927.81 .00 .00 3,585,927.814. NET FUTURES P&L 780,997.91 .00 .00 780,997.915. NET OPTION PREMIUM 115,471.17- .00 .00 115,471.17-6. PUT OPEN TRADB BQUrTY 764,723.50 14,490.00 160,197.50- 594,029.318. OPTIONS MARRlfT VALUE 101,250.00 .00 .00 101,250.009. ACCT VALUE AT MARltBT 4,451,901.31 14,490.00 160,197.50- 4,281,207.12

10. CONVERSION RATE TO $ US 1.00000000 1.81675000 1.22985000 .0000000011. CONVERTED ACCT VALUE US 4,451,901. 31 26,324.70 197,018.89- 4,281,207.12

*** CURRENT MONTE *** *** YBAR-TO-DATE ***JroTURBS P&L US 781,463.91 781,463.91OPTION PREMIUM US 115,471.17- 115,471.17-

PLEASE REPORT ANY DIFFERENCES OR OBjECTIONS IMMEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED

RETAIN FOR TAX RECORDS

II