Summit Securities Inc Watch

from S-2/A ~10 pages Ex-1.02 Agreement to Act as Qualified Underwriter

from S-2/A ~10 pages Ex-1.02 Agreement to Act as Qualified Underwriter

from S-2 1 page <page> Exhibit 1.03 Form of Pricing Recommendation Letter Date: October __, 2002 C. Paul Sandifur, Jr., President Metropolitan Investment Securities, Inc. 601 West First Avenue Spokane, Washington 99201-5015 Re: Pricing Recommendation of Roth Capital Partners, LLC Summit Securities, Inc., Offering of Up to $50,000,000 in Principal Amount of Investment Certificates, Series B and Series B-1 Dear Mr. Sandifur: This Letter Will Serve to Confirm Our Engagement as a "Qualified Independent Underwriter" as That Term Is Defined in Subparagraph (B)(15) of Rule 2720 to the Nasd Conduct Rules, as Amended ("Rule 2720"). Based Upon Our Review of the Registration Statement, and the Performance of "Due Diligence" as Required in Subparagraph (C)(3) to Rule 2720, It Appears That the Yields on the Investment Certificates, Series B and Series B-1 (Which Are Based Upon the Computation Set Forth in Schedules a and B to the Agreement to Act as "Qualified Independent Underwriter" Dated October __, 2002, Which Is Filed as Exhibit 1.02 to the Registration Statement), Are No Lower Than Those Which We Would Recommend. We Hereby Consent to the Use of Our Name as a "Qualified Independent Underwriter," in the Registration Statement Filed by Summit Securities, Inc. With Respect to the Above-Referenced Matter. Very Truly Yours, Roth Capital Partners, LLC By: CC: National Association of Securities Dealers, Inc

from S-2 1 page <page> Exhibit 1.03 Form of Pricing Recommendation Letter Date: October __, 2002 C. Paul Sandifur, Jr., President Metropolitan Investment Securities, Inc. 601 West First Avenue Spokane, Washington 99201 Re: Pricing Recommendation of Roth Capital Partners, LLC Summit Securities, Inc. Offering of Up to $50,000,000 of Variable Rate Cumulative Preferred Stock, Series S-3 Dear Mr. Sandifur: This Letter Will Serve to Confirm Our Engagement as a "Qualified Independent Underwriter" as That Term Is Defined in Subparagraph (B)(15) of Rule 2720 to the Nasd Conduct Rules, as Amended ("Rule 2720"). Based Upon Our Review of the Registration Statement, and the Performance of "Due Diligence" as Required in Subparagraph (C)(3) to Rule 2720, It Appears That the Price of $25.00 Per Share on the Variable Rate Cumulative Preferred Stock, Series S-3 (Provided That the Manner in Which the Computation of Distributions Are Those Set Forth in Schedules a and B to the Agreement to Act as "Qualified Independent Underwriter" Dated October __, 2002, Which Is Filed as Exhibit 1.02 to the Registration Statement), Is No Higher Than That Which We Would Recommend. We Hereby Consent to the Use of Our Name as a "Qualified Independent Underwriter," in the Registration Statement Filed by Summit Securities, Inc. With Respect to the Above-Referenced Matter. Very Truly Yours, Roth Capital Partners, LLC By: CC: National Association of Securities Dealers, Inc

from S-2 ~10 pages Ex-1.02 Form of Agreement to Act as Underwriter

from S-2 ~10 pages Ex-1.02 Form of Agreement to Act as Underwriter

from S-2 1 page <page> Exhibit 1.03 Form of Pricing Recommendation Letter Date: January __, 2002 C. Paul Sandifur, Jr., President Metropolitan Investment Securities, Inc. 601 West First Avenue Spokane, Washington 99201 Re: Pricing Recommendation of Roth Capital Partners, Inc. Summit Securities, Inc. Offering of Up to $50,000,000 of Variable Rate Cumulative Preferred Stock, Series S-3 Dear Mr. Sandifur: This Letter Will Serve to Confirm Our Engagement as a "Qualified Independent Underwriter" as That Term Is Defined in Subparagraph (B)(15) of Rule 2720 to the Nasd Conduct Rules, as Amended ("Rule 2720"). Based Upon Our Review of the Registration Statement, and the Performance of "Due Diligence" as Required in Subparagraph (C)(3) to Rule 2720, It Appears That the Price of $100.00 Per Share on the Variable Rate Cumulative Preferred Stock, Series S-3 (Provided That the Manner in Which the Computation of Distributions Are Those Set Forth in Schedules a and B to the Agreement to Act as "Qualified Independent Underwriter" Dated January 15, 2002, Which Is Filed as Exhibit 1.02 to the Registration Statement), Is No Higher Than That Which We Would Recommend. We Hereby Consent to the Use of Our Name as a "Qualified Independent Underwriter," in the Registration Statement Filed by Summit Securities, Inc. With Respect to the Above-Referenced Matter. Very Truly Yours, Roth Capital Partners, Inc. By: CC: National Association of Securities Dealers, Inc

from S-2 1 page <page> Exhibit 1.03 Form of Pricing Recommendation Letter Date: January __, 2002 C. Paul Sandifur, Jr., President Metropolitan Investment Securities, Inc. 601 West First Avenue Spokane, Washington 99201-5015 Re: Pricing Recommendation of Roth Capital Partners, Inc. Summit Securities, Inc., Offering of Up to $50,000,000 in Principal Amount of Investment Certificates, Series B and Series B-1 Dear Mr. Sandifur: This Letter Will Serve to Confirm Our Engagement as a "Qualified Independent Underwriter" as That Term Is Defined in Subparagraph (B)(15) of Rule 2720 to the Nasd Conduct Rules, as Amended ("Rule 2720"). Based Upon Our Review of the Registration Statement, and the Performance of "Due Diligence" as Required in Subparagraph (C)(3) to Rule 2720, It Appears That the Yields on the Investment Certificates, Series B and Series B-1 (Which Are Based Upon the Computation Set Forth in Schedules a and B to the Agreement to Act as "Qualified Independent Underwriter" Dated January 15, 2002, Which Is Filed as Exhibit 1.02 to the Registration Statement), Are No Lower Than Those Which We Would Recommend. We Hereby Consent to the Use of Our Name as a "Qualified Independent Underwriter," in the Registration Statement Filed by Summit Securities, Inc. With Respect to the Above-Referenced Matter. Very Truly Yours, Roth Capital Partners, Inc. By: CC: National Association of Securities Dealers, Inc

from S-2 ~10 pages Form of Agreement

from S-2 ~10 pages Form of Agreement

from POS EX 1 page <page> Form of Pricing Recommendation Letter Date: February __, 2001 C. Paul Sandifur, Jr., President Metropolitan Investment Securities, Inc. 601 West First Avenue Spokane, Washington 99201 Re: Pricing Recommendation of Roth Capital Partners, Inc. Summit Securities, Inc. Offering of Up to $50,000,000 of Variable Rate Cumulative Preferred Stock, Series R and Series T Dear Mr. Sandifur: This Letter Will Serve to Confirm Our Engagement as a "Qualified Independent Underwriter" as That Term Is Defined in Subparagraph (B)(15) of Rule 2720 to the Nasd Conduct Rules, as Amended ("Rule 2720"). Based Upon Our Review of the Registration Statement, and the Performance of "Due Diligence" as Required in Subparagraph (C)(3) to Rule 2720, It Appears That the Price of $100.00 Per Share on the Variable Rate Cumulative Preferred Stock, Series R and Series T (Provided That the Manner in Which the Computation of Distributions Are Those Set Forth in Schedules a and B to the Agreement to Act as "Qualified Independent Underwriter" Dated January 31, 2001, Which Is Filed as Exhibit 1.02 to the Registration Statement), Is No Higher Than That Which We Would Recommend. We Hereby Consent to the Use of Our Name as a "Qualified Independent Underwriter," in the Registration Statement Filed by Summit Securities, Inc. With Respect to the Above-Referenced Matter. Very Truly Yours, Roth Capital Partners, Inc. By: CC: National Association of Securities Dealers, Inc

from POS EX 1 page <page> Form of Pricing Recommendation Letter Date: February __, 2001 C. Paul Sandifur, Jr., President Metropolitan Investment Securities, Inc. 601 West First Avenue Spokane, Washington 99201-5015 Re: Pricing Recommendation of Roth Capital Partners, Inc. Summit Securities, Inc., Offering of Up to $100,000,000 in Principal Amount of Investment Certificates, Series B and Series B-1 Dear Mr. Sandifur: This Letter Will Serve to Confirm Our Engagement as a "Qualified Independent Underwriter" as That Term Is Defined in Subparagraph (B)(15) of Rule 2720 to the Nasd Conduct Rules, as Amended ("Rule 2720"). Based Upon Our Review of the Registration Statement, and the Performance of "Due Diligence" as Required in Subparagraph (C)(3) to Rule 2720, It Appears That the Yields on the Investment Certificates, Series B and Series B-1 (Which Are Based Upon the Computation Set Forth in Schedules a and B to the Agreement to Act as "Qualified Independent Underwriter" Dated January 31, 2001, Which Is Filed as Exhibit 1.02 to the Registration Statement), Are No Lower Than Those Which We Would Recommend. We Hereby Consent to the Use of Our Name as a "Qualified Independent Underwriter," in the Registration Statement Filed by Summit Securities, Inc. With Respect to the Above-Referenced Matter. Very Truly Yours, Roth Capital Partners, Inc. By: CC: National Association of Securities Dealers, Inc

from POS EX ~10 pages Underwriting agreement

from POS EX ~10 pages Underwriting agreement

from POS EX ~5 pages Underwriting agreement

from S-2/A 1 page Underwriting agreement

from S-2 1 page Underwriting agreement

from S-2 ~10 pages Underwriting agreement

from S-2 ~5 pages Underwriting agreement

from S-2 1 page <page> Form of Pricing Recommendation Letter Date: January __, 2000 C. Paul Sandifur, Jr., President Metropolitan Investment Securities, Inc. 917 W. Sprague Avenue Spokane, Washington 99201 Re: Pricing Recommendation of Cruttenden Roth Incorporated Summit Securities, Inc. Offering of $20,000,000 of Variable Rate Cumulative Preferred Stock, Series S-3 Dear Mr. Sandifur: This Letter Will Serve to Confirm Our Engagement as a "Qualified Independent Underwriter" as That Term Is Defined in Subparagraph (B)(15)of Rule 2720 to the Nasd Conduct Rules, as Amended ("Rule 2720"). Based Upon Our Review of the Registration Statement, and the Performance of "Due Diligence" as Required in Subparagraph (C)(3) to Rule 2720, It Appears That the Price of $100.00 Per Share on the Variable Rate Cumulative Preferred Stock, Series S-3 (Provided That the Manner in Which the Computation of Distributions Are Those Set Forth in Schedules a and B to the Agreement to Act as "Qualified Independent Underwriter" Dated December 30, 1999 Which Is Filed as Exhibit 1.02 to the Registration Statement), Is No Higher Than That Which We Would Recommend. We Hereby Consent to the Use of Our Name as a "Qualified Independent Underwriter," to the Registration Statement Filed by Summit Securities, Inc. With Respect to the Above-Referenced Matter. Very Truly Yours, Cruttenden Roth Incorporated By: CC: National Association of Securities Dealers, Inc