LIQUID HLDGS GROUP INC

Ticker: LIQDQ CUSIP: 53633A101 Class: COM

MSD Partners, L.P.'s Holding History (CIK: 0001514334)

Note: Option positions (PUT/CALL) are excluded.

Q3 2015

Shares 6,000,000 Value ($000) $432 Avg Close $0.12 Range $0.06 - $0.24

Q2 2015

Shares 6,000,000 Value ($000) $1,278 Avg Close $0.22 Range $0.15 - $0.30

Q1 2015

Shares 6,000,000 Value ($000) $1,560 Avg Close $0.32 Range $0.22 - $0.47

Q4 2014

Shares 6,000,000 Value ($000) $1,890 Avg Close $0.92 Range $0.29 - $1.38

Q3 2014

Shares 6,000,000 Value ($000) $8,160 Avg Close $1.61 Range $1.25 - $2.20

Q2 2014

Shares 6,000,000 Value ($000) $11,460 Avg Close $2.68 Range $1.20 - $4.58

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	6,000,000	$432	$0.12	$0.06 - $0.24
Q2 2015	6,000,000	$1,278	$0.22	$0.15 - $0.30
Q1 2015	6,000,000	$1,560	$0.32	$0.22 - $0.47
Q4 2014	6,000,000	$1,890	$0.92	$0.29 - $1.38
Q3 2014	6,000,000	$8,160	$1.61	$1.25 - $2.20
Q2 2014	6,000,000	$11,460	$2.68	$1.20 - $4.58