Cauley Robert E → BIMINI CAPITAL MANAGEMENT, INC. BMNM

The Reporting Person acquired the shares of Common Stock beneficially owned by him for investment purposes. The Reporting Person may acquire additional shares of Common Stock for cash or as compensation and may otherwise acquire or dispose of shares of Common Stock in the future. Other than as described herein, the Reporting Person has no current plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of Item 4 of Schedule 13D.