Securities Listed on OTC
J.D. Seibert & Co., Inc. – 4th Quarter 2005

Summary Statistics:

Non-directed orders as percentage of total customer orders   100.0%
Market orders as percentage of total non-directed orders     62.8%
Limit orders as percentage of total non-directed orders      35.9%
Other orders as percentage of total non-directed orders      1.3%

Venues receiving significant percentage of total non-directed orders:

Knight Securities                                            98.7%
Charles Schwab                                               1.3%

Information Concerning significant Venues:

Knight Securities

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             98.6%
Market orders as percentage of total market orders           98.8%
Other orders as percentage of total other orders             100.0%


Charles Schwab

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             1.4%
Market orders as percentage of total market orders           1.2%