Testing the Waters Materials Related to Series #36OWENS (06121253).DOCX

Testing the Waters Materials Related to Series #32RUTH

From the Rally App:

2

3

The interactive Comparable Asset Value Chart (the “Chart”) plots historical sales of assets comparable to the Underlying Asset, showing price values on the vertical axis against time on the horizontal axis. The prices reflected on the Chart are not adjusted for inflation. Users of the Platform can opt to display varying ranges of time on the Chart’s horizontal axis, from one month to one year or longer to the extent such data are available. If multiple comparable asset sales occurred on a single day, the Chart provides an average for that day. By hovering over the points on the Chart, users can view price and date of sale represented by each point.

4

6

7

8

DESCRIPTION OF SERIES 1932 BABE RUTH CALLED SHOT TICKET STUB

Investment Overview

·Upon completion of the Series #32RUTH Offering, Series #32RUTH will purchase a 1932 Babe Ruth Called Shot Ticket Stub graded PSA 6 for Series #32RUTH (The “Series 1932 Babe Ruth Called Shot Ticket Stub” or the “Underlying Asset” with respect to Series #32RUTH, as applicable), the specifications of which are set forth below.

·George Herman “Babe” Ruth Jr. was a professional baseball player in the MLB from 1914-1935. Ruth won three World Series championships with the Boston Red Sox before being traded to the New York Yankees in 1919, with whom he would win an additional 4 titles. Ruth set many records during his tenure, including career home runs and runs batted in. “The Bambino” was inducted into the Baseball Hall of Fame as part of the 1936 inaugural class and was ranked #1 in The Sporting News “Baseball’s 100 Greatest Players.”

·On October 1, 1932, during Game 3 of the 1932 World Series between the New York Yankees and Chicago Cubs at Wrigley Field, Babe Ruth “called his shot,” pointing two fingers toward center field and hitting a homerun in the same direction. This fifth-inning homerun has become the subject of intense scrutiny among baseball historians, who debate whether Ruth truly intended on “calling his shot.”

·The Underlying Asset is a 1932 Babe Ruth Called Shot Ticket Stub graded PSA 6.

Asset Description

Overview & Authentication

·Ruth was born on February 6, 1895, in Baltimore, Maryland.

·Ruth made his MLB debut as a pitcher for the Boston Red Sox on July 11, 1914.

·On January 5, 1920, Boston Red Sox owner Harry Frazee sold Ruth to the New York Yankees for $125,000. This resulted in what became known as the “Curse of the Bambino,” with the Red Sox failing to win a World Series until their 2004 victory.

·Ruth won 7 World Series over the course of his career, with the final coming in a four-game sweep of the Chicago Cubs in 1932.

·After Game 3 of the 1932 World Series, Ruth confirmed that he called his shot. Cubs pitcher Charlie Root claimed “he was giving two fingers to the crowd showing he had two strikes on him and still had one left,” according to the Baseball Hall of Fame.

·The Underlying Asset has been issued a grade of EX MT 6 by Professional Sports Authenticators (PSA) with Certification No. 26487298.

Notable Features

·The Underlying Asset is a 1932 Babe Ruth Called Shot Ticket Stub graded PSA 6.

·The Underlying Asset is 1 of 3 1932 Babe Ruth Called Shot Ticket Stub examples graded PSA 6 with 0 graded higher.

Notable Defects

·The Underlying Asset’s condition is consistent with its condition grade from PSA.

Details

Series 1932 Babe Ruth Called Shot Ticket Stub
Sport	Baseball
Professional League	MLB

9

Player	Babe Ruth
Team	New York Yankees
Year / Season	1932
Memorabilia Type	Ticket Stub
Rarity	1 of 3 (PSA 6)
Authentication	Professional Sports Authenticators (PSA)
Grade	6
Certification No.	26487298

Depreciation

The Company treats Memorabilia Assets as collectible and therefore will not depreciate or amortize the Series 1932 Babe Ruth Called Shot Ticket Stub going forward.

10