American Investment Services, Inc.

Disciplined, Diversified, & Cost Effective

Nelson E. Furlano, CPA

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Mr. Furlano is founder and principal of Furlano & Arace PC, an accounting and professional services firm located in Pittsfield, MA. He has over 35 years of experience providing audit, advisory, computer, tax, bookkeeping and compliance services to private corporations, non-profit institutions, foundations, municipalities, and individuals. He has provided expert testimony in federal and state courts in a variety of criminal and civil cases.

He received his BA from Bentley College and is a member of the Massachusetts Society of CPA’s and The American Institute of Certified Public Accountants.

Mr. Furlano has been active in the non-profit sector and currently serves as a board member for Berkshire Place and Berkshire Benevolent Association for the Blind.

American Investment Services, Inc. (AIS) is an SEC Registered Investment Adviser* founded in 1978.

AIS is a wholly-owned subsidiary of:

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*Registration with the U.S. Securities and Exchange Commission does not imply a certain level of skill or training.

The information provided does not constitute investment or tax advice and it should not be relied on as such. It does not take into account any investor’s particular investment objectives, strategies, tax status or investment horizon. You should consult your tax and financial advisor. It should not be considered a solicitation to buy or an offer to sell a security. All material has been obtained from sources believed to be reliable. There is no representation or warranty as to the accuracy of the information and AIS shall have no liability for decisions based on such information.

Any mention of commercial products or reference to commercial organizations is for information only; it does not imply recommendation or endorsement by AIS nor does it imply that the products mentioned are necessarily the best available for the purpose.