Ronald Lipnick

Mr. Lipnick has been with The Company since May 1993 and has been the Controller since February 1994. He is responsible for the Company’s accounting operations from daily accounting activities and general ledger reconciliation to the preparation of financial statements for the Company’s SEC quarterly 1OQ and year-end 10K filings. He also works closely with Royale’s certified public accountants during their yearly audits. Ron has more than 13 years of experience in the accounting field. He has a Bachelor of Science in Accounting and a Master of Business Administration in Finance from Oral Roberts University, Tulsa, Oklahoma.