The Reporting Persons purchased the Series A Preferred Stock of the Issuer based on the Reporting Persons' belief that the Preferred Stock, when purchased, was undervalued and represented an attractive investment opportunity. The Reporting Persons beneficially own 5.01% of the outstanding Preferred Stock. The Reporting Persons may elect to engage in discussions with the Issuer, including the management or Board of Trustees of the Issuer (the "Board"), and its representatives concerning the enhancement of shareholder value, which may include, but not be limited to: (1) sale of all or some of the Issuer's assets (including, but not limited to, sales of the Issuer's assets to the Reporting Persons, affiliates of the Reporting Persons or other third parties); (2) improvements to the Issuer's balance sheets through strategies including but not limited to recapitalization (including through the issuance or issuances of new securities of the Issuer); (3) improvements to the Issuer's corporate governance practices; (4) proposing appointments of new members to the Issuer's Board or management team in connection with a repositioning of the Issuer's operations and business strategy; and/or (5) pursuit of other strategic alternatives. The Reporting Persons may desire to, and, if the Issuer agrees, enter into, confidentiality or similar agreements with the Issuer to facilitate such discussions. There can be no certainty as to whether discussions will occur, or, if they do, the outcome of such discussions. The Reporting Persons may determine to accelerate or terminate discussions with the Issuer concerning topics related to the enhancement of shareholder value or change the Reporting Persons' intentions with respect to any such matters, in each case, at any time and without prior notice. The Reporting Persons intend to review their investment in the Issuer on a continuing basis and depending on various factors, including without limitation, the Issuer's governance, compliance with its responsibilities to its shareholders, its financial position and strategic direction, the outcome of any discussions referenced above, overall market conditions, other available investment opportunities, and the availability of securities of the Issuer at prices that would make the purchase or sale of such securities desirable. The Reporting Persons may in the future take such actions with respect to their investment in the Issuer on terms and at such times as they deem appropriate. These actions may include, without limitation, acquiring additional shares of the Series A Preferred Stock, or of the common stock par value $0.001 per share of the Issuer ("Common Stock"), or disposing of some or all of his holdings of securities of the Issuer, including through a trading plan created under Rule 10b5-1(c) or otherwise, on such terms and at such times as the Reporting Persons may deem advisable. In addition, the Reporting Persons may, at any time and from time to time, (i) review or reconsider their position and/or change the purpose and/or formulate plans or proposals with respect thereto, and (ii) propose or consider one or more the actions described in subparagraphs (a)-(j) of Item 4 of Schedule 13D. 4.