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Herald Investment Management Ltd
> INUV
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2022 | Inuvo, Inc. | INUV | 5,292,857 | 0 | 1,172,000 | -1,027,000 | $0.22 |
| 09/30/2022 | Inuvo, Inc. | INUV | 5,292,857 | 0 | 2,199,000 | -321,000 | $0.42 |
| 06/30/2022 | Inuvo, Inc. | INUV | 5,292,857 | 0 | 2,520,000 | -68,000 | $0.48 |
| 03/31/2022 | Inuvo, Inc. | INUV | 5,292,857 | 0 | 2,588,000 | -174,000 | $0.49 |
| 12/31/2021 | Inuvo, Inc. | INUV | 5,292,857 | 0 | 2,762,000 | -913,000 | $0.52 |
| 09/30/2021 | Inuvo, Inc. | INUV | 5,292,857 | 0 | 3,675,000 | -1,416,000 | $0.69 |
| 06/30/2021 | Inuvo, Inc. | INUV | 5,292,857 | 0 | 5,091,000 | -254,000 | $0.96 |
| 03/31/2021 | Inuvo, Inc. | INUV | 5,292,857 | -600,000 | 5,345,000 | 2,690,000 | $1.01 |
| 12/31/2020 | Inuvo, Inc. | INUV | 5,892,857 | 0 | 2,655,000 | 522,000 | $0.45 |
| 09/30/2020 | Inuvo, Inc. | INUV | 5,892,857 | 0 | 2,133,000 | -1,025,000 | $0.36 |
| 06/30/2020 | Inuvo, Inc. | INUV | 5,892,857 | -250,000 | 3,158,000 | 1,808,000 | $0.54 |
| 03/31/2020 | Inuvo, Inc. | INUV | 6,142,857 | 1,142,857 | 1,350,000 | -100,000 | $0.22 |
| 12/31/2019 | Inuvo, Inc. | INUV | 5,000,000 | 0 | 1,450,000 | 96,000 | $0.29 |
| 09/30/2019 | Inuvo, Inc. | INUV | 5,000,000 | 5,000,000 | 1,354,000 | 1,354,000 | $0.27 |
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