GOV. LIQ. OWNERSHIP

From: JEFF HAIN-MATSON (flmv@flmv.net)
Date: Tue Jul 08 2003 - 10:01:52 PDT


The structure looks like this:

Liquidity Services owns

Liquidation.com and govliquidation.

Look at this link and you will see the players. Govliquidation is the
cash cow feeding all of these individuals. Liquidation.com does not even
come close to covering the salaries of these big boys.
http://www.liquidation.com/about/management/

Here is the founder or the French behind the curtain.

Jaime Mateus-Tique
President and Chief Operating Officer

Mr. Mateus-Tique serves as the President and Chief Operating Officer of
Liquidity Services, Inc. and oversees the Company's operations,
technology and new product development activities. Mr. Mateus-Tique
brings to the Company over ten years of operations, international
management and consulting experience. Prior to co-founding the Company,
Mr. Mateus-Tique served for nearly five years as a senior
consultant at McKinsey & Co. working in both McKinsey's Paris and New
York offices. Mr. Mateus-Tique holds an MBA from the J.L. Kellogg
Graduate School of Management at Northwestern University and a master's
degree from Ecole Des Hautes Etudes Commerciales in Paris.

--
JEFF HAIN-MATSON
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