In August 2007, Knight’s Bridge joined a group of investors in an equity financing for My Trade.com. The company is a customized interface for stock market investors and traders that aggregates their investment data and provides insight and logic from profiled members who are interested in, or closely following, a particular public company’s stock. MyTrade.com was acquired by Investools (NASD: SWIM) in December 2007, at a 100% premium over the initial investment price.

www.mytrade.com

In September 2007, an investor syndicate led by Knight’s Bridge completed its acquisition of the assets and operations of LIMOS.com (“Limos”), a private company established in 1997 and headquartered in Scottsdale, AZ, with an established reputation as the leading service provider of Internet initiated sales leads for licensed limousine operators. The company developed a mature optimization platform which generated qualified sales leads over the Internet and became the highest-ranking website in terms of Internet traffic for customers searching for chauffeured transportation.

The Knight’s Bridge syndicate group sold its interest in Limos in October 2008 for net proceeds of approximately $3.1 million, representing 2.5 times the original investment and an Internal Rate of Return in thirteen months of 125%.

www.limos.com/

In December 2006, CJ Apparel Group (“CJ”) was purchased by a group of investors that included Knight’s Bridge. Prior to acquisition, CJ had sales of $150 million, and negative EBITDA of $8 million. The business was acquired for $10 million in cash and the assumption of approximately $43 million in debt. A new turnaround plan was created, closing three of the four office premises, reducing payroll and staff expense by almost 40%, reducing debt by $30 million, and installing a seasoned and dedicated management team, (including a new CEO, COO, Merchant and Design Team). In addition, all supplier credit terms were renegotiated with open term operating lines.

CJ is a New York based company, which is a leader in the design, manufacture, marketing and distribution of women’s, men’s, junior, and kids’ apparel under the Caribbean Joe®, Havana Jack’s Cafe®, Jamaica Bay®, Periscope®, and Cupid’s Cup® trademarks and other private labels. CJ Apparel Group also owns and manages strategic brand and licensing agreements in both apparel and non-apparel categories.

CJ was amalgamated with Ellen Tracy in April, 2008, see details below:

Amalgamation of Ellen Tracy/Caribbean Joe - In April, 2008 Knight’s Bridge Capital Partners Fund I LP joined an investment group in the formation of Fashionology Group LLC (“Fashionology”) to acquire the Ellen Tracy® brand and all associated assets from Liz Claiborne, Inc.

Simultaneous with the Ellen Tracy acquisition, Fashionology Group acquired CJ Apparel Group and several brands including Caribbean Joe® and Ellen Tracy® and will operate as independent entities under the Fashionology Group’s newly formed master holding company ETPH LLC.

Knight’s Bridge Capital Partners Fund I LP owns 5,000 units of ETPH LLC at a purchase price of US $5,000,000.

In September 2007 a group of investors that included Knight’s Bridge invested in the Series A Round of Buddy Media Inc. (“Buddy Media”), headquartered in New York. The company is a specialist in creating and delivering relevant user applications for internet-based social and community aggregation platforms, such as Facebook and MySpace. Buddy Media has just launched seven new user applications for Facebook alone, which created 300,000 new incremental Facebook users in the first days of release. Additional investors in the round included Peter Thiel (PayPal founder, Clarium Capital and Facebook angel investor), Mark Pinkus (Facebook angel investor) and James Altucher (TheStreet.com). The invested funds will be focused on the fastest growing Facebook application in the portfolio AceBucks. The company expanded the AceBucks application and made the primary virtual currency for Facebook members.

In April 2008, Knight’s Bridge participated in a successful “B” Round that was led by Softbank Capital Partners, Boston.

www.buddymedia.com