The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AgeX Therapeutics COM 00848H108 461 113,973 SH   SOLE 0 113,973 0 0
American Express COM 025816109 4,540 45,193 SH   SOLE 0 45,193 0 0
BlackRock High Yield Bond Portfolio FUND 09260B630 76,199 10,092,574 SH   SOLE 0 10,092,574 0 0
RECV PIMCO ETF TR ACTIVE FUND 72201R775 179 1,700 SH   SOLE 0 1,700 0 0
BioTime INC COM 09066L105 430 328,202 SH   SOLE 0 328,202 0 0
RECV PIMCO ETF TR INVT GR ETF 72201R817 182 1,750 SH   SOLE 0 1,750 0 0
Discover Financial Services COM 254709108 4,960 69,704 SH   SOLE 0 69,704 0 0
RECV COLUMBIA ETF TR I DI ETF 19761L508 94 4,700 SH   SOLE 0 4,700 0 0
RECV FIRST TR EXCHANGE TR ETF 33739E108 2,848 149,400 SH   SOLE 0 149,400 0 0
RECV SPDR GOLD TR GOLD SH ETF 78463V107 8,781 71,967 SH   SOLE 0 71,967 0 0
Rational Hedged Return Fund FUND 628255705 815 147,330 SH   SOLE 0 147,330 0 0
RECV VANECK VECT HIGH YLD FUND 92189F361 1,255 20,000 SH   SOLE 0 20,000 0 0
iShares iBoxx High Yield Corp Bd ETF ETF 464288513 16,911 195,565 SH   SOLE 0 195,565 0 0
AlphaCentric Income Opportunities Fund FUND 62827M144 1,371 111,500 SH   SOLE 0 111,500 0 0
SPDR Blmbg Barclays High Yield Bd ETF ETF 78464A417 16,911 470,144 SH   SOLE 0 470,144 0 0
MASTERCARD INCA COM 57636Q104 5,244 22,273 SH   SOLE 0 22,273 0 0
iShares MBS ETF ETF 464288588 1,595 15,000 SH   SOLE 0 15,000 0 0
RECV ADVSHRS NEWFLEET MUL ETF 00768Y727 1,345 28,000 SH   SOLE 0 28,000 0 0
RECV ISHARES TR PFD INC ETF 464288687 66,259 1,812,824 SH   SOLE 0 1,812,824 0 0
RECV INVESCO TR II FNDMNT ETF 46138E719 177 9,500 SH   SOLE 0 9,500 0 0
PIMCO High Yield Fund FUND 693390841 77,791 885,979 SH   SOLE 0 885,979 0 0
RECV ISHARES TRUST AAA ETF 46429B291 183 3,500 SH   SOLE 0 3,500 0 0
RECV ALPS RIVERFRONT STR FUND 00162Q783 172 7,000 SH   SOLE 0 7,000 0 0
RECV PROSHARES TR II SHT ETF 74347M130 792 15,000 SH   SOLE 0 15,000 0 0
Visa COM 92826C839 5,172 33,115 SH   SOLE 0 33,115 0 0
Utilities Select Sector SPDR ETF ETF 81369Y886 63,442 1,090,637 SH   SOLE 0 1,090,637 0 0