IN THE UNITED STATES BANKRUPTCY COURT

FOR THE DISTRlCT OF DELAWARE

) Chapter 11
)
FASTSHIP, INC., et al.; ) Case No. 12-10968 (BLS)
) Jointly Administered
Debtors. I )
)
SUPPLEMENTAL VERIFIED STATEMENT OF BOWARD BROD BROWNSTEIN
AND DISCLOSURE PURSUANT SECTIONS 327(a) AND 1107 OF THE
BANKRUPTCY CODE AND RULES 2014(a), 2016(b) AND 5002 OF THE
FEDERAL RULES OF BAN.KRUPTCY PROCEDURE
sn1rc- /1tlllf
COMMONWEA I TH OF )
)
C/111-fbTJ' )
Howard Brod Brownstein, CTP? being first duly cautioned and swom, deposes and says:
1. I am the President and CEO of The Brownstein Corporation ("TBC'' or the
"Firm''), a tumaroWld management and financial consulting finn which maintains an office at
441 East Hector Street, Suite 205, Conshohocken, PA 19428. I am over 18 years of age and
have personal knowledge of all matters testified to herein. I make this supplemental statement
(the "Supplemental Affidavit''): (a) in support of the retention ofTBC as financial advisor to
FastShip, Inc., et al., debtors and debtors-in-possession in these chapter 11 cases (the "Debtors"),
and (b) in accordance with sections 327(a) and 329 ofTitle 11 (the '"Bankruptcy Code") of the
United States Code, and Ru1es 2014(a), 2016(b) and 5002 ofthe Federal Rules of Bankruptcy
Procedure (the "Bankruptcy Rules .. ).
The Debtors, along vvith the last four digits of taJC; identification number, are as follows:
FastShip, Inc. (8309) (Case No. 12-l096S (BLS)), FastShip Atlantic, Inc. (0980) (Case No. 12-10970 (BLS))
and Thornycroft, Giles & Co., Inc. (1142) (Case No. 12-10971 (BLS)). The 1nai1ing address for the Debrors is
1608 Walnut Street, Suite SOl, Philadelphia, PA 19103.
2 The suffix ''CTP" indicates that the individual is a Certified Turnaround Professional, a ctedtmtial that has been
awarded in recognition of that individual having accumulated at least five years ofturn!:lround consulting
experience, passed a rigorous exl!ln.ination covering fmance!, accounting management and law, passed a
check, undertaken to adhere to a Code of Ethics, and maintained skills through a continuing education
requirement.
2. My associates are Profisnc, LLC, Capital Structure Consulting, and Graphic Arts
Advisors, LLC (the .. Associates"). However, I will be the only :professional from TBC providing
services to the Debtors during the bankruptcy proceedings. If it is necessary for any of my
Associates to provide services to the Debtors, we will file supplemental applications and
affidavits of disinterestedness from those Associates accordingly.
3. If any ofthe Associates are approved to provide services to the Debtors,
compensation will be shared among the Associates based on percentage of billings.
4. TBC waives all amounts due and owing from the Debtors as of the Petition Date.
FURTHER AFFIANT SA YETH NAUGHT.
Howard Brod Brovvnstein, CTP
SWORN TO BEFORE ME and subscribed in my presence this 2f" day of ~ ( \ l
N o t ~ ~ W
-2-
2012.
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