MIVA

Solium Equity Consulting Services assisted MIVA's Finance staff in assessing the total and by year expense for a market price performance-based grants of restricted stock units. This analysis, using Monte Carlo simulations, was completed timely and was presented in a comprehensive, straightforward and easily understood manner. Because of the support of Solium Equity Consulting, we were able to substantiate the expense associated with these awards to our auditors.

Mike Cutler
Senior Vice President, Finance
MIVA, Inc.

Helios

Solium Consulting was extremely responsive, understood the plan needs of my client and within a week put together a new Employee Stock Purchase Plan which could be immediately brought to the Board of Directors for approval.
Because time was of the essence, this understanding of plan needs and ability to work with little guidance made the difference in a successful engagement.

Lee Butler, MHRM, SPHR
Managing Director
Helios HR

Churchill Downs

In 2007, Churchill Downs' finance staff needed to report the expense for a proposed performance based grant to our shareholders and our new CEO. Solium Equity Consulting Services aided us in determining what the total and annual expenses would be and the information provided was used for approval by the Board of Directors and shareholders in June 2009. This data was also disclosed in our 10-K filing covering the period ending December 31, 2007.

Phil Milliner
Controller
Churchill Downs