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Executive Profile

Dale Twardowski, Managing Principal
Mr. Twardowski has over 30 years of experience in Accounting and Business Finance, and has worked in the Securities Industry for the last seven years, holding the series 7, 24, 27, and 66 licenses. He has been the Chief Financial Officer for various companies, including Invest Financial Corporation and has been directly involved in private placements through various Issuers. Mr. Twardowski is knowledgeable in taxation and accounting, and provides consulting and individualized company strategies for restructuring debt and increasing cash flow for his clients.

Robert (Bob) McCann, Managing Director of Corporate Finance for Gemstone Equity Advisors, Inc.
Mr. McCann is a seasoned investment banking professional, having started his career at Donaldson, Lufkin and Jenerette, prior to that firm's sale to The First Boston Corporation. He subsequently created a successful career in state and local government that culminated in his election to the office of Treasurer for West Palm Beach, FLorida. He has extensive working experience within the oil, gas and alternative energy sectors.

Mr. McCann is a graduate of Wagner College in New York City and was a varsity baseball player while in attendance.

Timothy Liguori, CFP®, Vice President of Investment Banking
Mr. Liguori joined GemStone Securities, LLC in 2007 and currently works in the institutional sales department. Mr. Liguori has over 25 years of experience in Finance and Real Estate, and has worked in the Securities Industry for the past eight years, holding the Series 7 license. Prior to joining GemStone Securities, Mr. Liguori was the founder/CEO of Timothy Liguori & Associates, Inc., a real estate appraisal firm headquartered in Tampa, Florida.

Mr. Liguori holds a B.S. degree in Finance from the University of Florida. He completed the Financial Planner Certificate Program at the University of South Florida in April, 1999 and was awarded the Certified Financial Planners Designation (CFP®) in November, 1999.

During the past eight years Mr. Liguori worked as a personal financial planner with Mutual Service Corporation and Intervest International Equities Corporation. He currently serves as the Director of the Good Sense Ministry at his church where he councils members on personal financial stewardship.

Robert Smith, Vice President Institutional Sales
Mr. Smith served as a lobbyist in Washington, D.C. representing the British Association of Investment Trust Companies, a trade group comprised of all the institutional asset managers of the United Kingdom, and the Dutch Association of Corporate Pension Funds. He then became a marketing advisor to Henderson International, one of the largest asset Managers in London. After serving Henderson, he became a marketing advisor to Kleinwort Benson International Investment ,an institutional investment manager also in London. He then became an institutional stockbroker with Josephthal, Lyon and Ross (NYSE) and several other brokerage firms. Mr. Smith handles marketing of Gemstone Securities, LLC investment banking transactions to over 2,200 venture capital and private equity firms. Mr. Smith holds FINRA Series 7 and 63 licenses.

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GemStone Securities LLC • 19321 U.S. Hwy. 19 North, 100A • Clearwater, FL 33764
Phone 727-536-7900 • Fax 727-535-9600

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