Winebrenner Capital Partners, LLC.

SEC Rule 11Ac1-5 Execution Disclosure

Execution of orders are directed toward our clearing firm Sterne Agee & Leach because Winebrenner Capital Partners is not a market center under SEC Rule 11Ac1-5. For execution details review the Sterne Agee & Leach website at http://www.sterneagee.com.

SEC Rule 11Ac1-6 Disclosure of Order Routing Information

The U.S. Securities and Exchange Commission's client disclosure rule, SEC Rule 11Ac1-6, requires a broker dealer that routes orders on behalf of customers to prepare quarterly reports that disclose the identity of the venues to which it routed orders for execution. The clearing firm of Sterne Agee & Leach, which executes the orders for Winebrenner Capital Partners, has prepared the report which can be reviewed at http://www.sterneagee.com . These are "non-directed orders", which is any order that the customer has not specifically instructed to be routed to a particular venue for execution. For these non-directed orders, Sterne Agee & Leach has selected the execution venue on behalf of its customers.

SEC Rule 19b-4 and NASD Rule 2341 Margin Disclosure Statement

Securities purchased on margin are the firm’s collateral for the loan to you. If the securities in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, the firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts held with the firm, in order to maintain the required equity in the account. It is important that you fully understand the risks involved in trading securities on margin. These risks include the following:

You can lose more funds than you deposit in the margin account.
The firm can force the sale of securities or other assets in your account(s).
The firm can sell your securities or other assets without contacting you.
You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call.
The firm can increase its “house” maintenance margin requirements at any time and is not required to provide you advance written notice.
You are not entitled to an extension of time on a margin call.