CORPORATE FINANCE

Pentech Financial Services, Inc. is a Silicon Valley-based finance company specializing in the origination, acquisition, and servicing of small-ticket equipment leases. The Company is a leader in its specialized markets. For continued growth, the Company needed to expand its equity base and senior credit facilities.

Carreden Group raised $10 million of growth equity capital enabling the Company to continue its expansion. One year later, Carreden Group raised an additional $8 million of equity capital, at an attractive valuation, (2-1/2x the first round's price) and arranged $50 million of additional senior capital.

First Round Venture Financing

$1,950,000 Common Stock



XDRIVE TECHNOLOGIES, INC.
Santa Monica, CA

An Internet-based file storage and
management service provider

The undersigned served as financial advisor and
placement agent in connection with this financing.

XDrive Technologies, Inc.

XDrive, an Internet storage provider, sought Carreden's help, after exhausting its founders' start-up capital. Carreden Group raised almost twice the amount of capital the Company was originally seeking.

$55,000,000

Limited Partnership Interests



New York, New York

The undersigned served as financial
advisor and placement agent in
connection with this fund raising.

Braemar Energy Ventures

Braemar Energy Ventures is a venture capital firm focused exclusively on opportunities in the energy sector. Braemar's goal is to select promising young companies, bring them into the larger energy world and guide them to reach their full potential. While Braemar had obtained a $20 million institutional commitment, the fund needed additional partnership commitments.

Carreden assisted Braemar in refining and focusing its marketing materials and developing an institutional marketing plan. After a year-long effort, the Fund achieved a final closing at $55 million.

$1,000,000

Subordinated Notes

Command Software Systems, Inc.
Jupiter, Florida

The undersigned served as
financial advisor and assisted
the Company in the private
placement of the notes.

Command Software Systems, Inc.

Command Software, Inc. a provider of anti-virus and security related software and services, retained Carreden Group to advise the Company in developing a strategy to build shareholder value. Upon assessing the Company's strengths and weaknesses, it was clear the Company's technology and client support were acknowledged to be superior to the major anti-virus providers, such as Norton and McAfee. The missing ingredient was an under-funded marketing effort.

Thus, a strategy emerged of raising a small amount of growth capital to more fully staff the Company's business development team, thereby providing the Company with a more aggressive marketing effort that would increase marketshare, profitability, and shareholder value. The Company profitably used the additional time the new capital afforded to achieve its marketshare objectives. Ultimately, this allowed the Company to be sold on terms acceptable to its shareholders, while giving the noteholders an attractive return on their investment.