The Reporting Persons intend to evaluate their investment in the Shares on a continuous basis. The Reporting Persons have communicated with the Issuer’s management and Board of Directors concerning ways of maximizing shareholder value with respect to the Issuer. The Reporting Persons anticipate engaging in discussions or other communications with the Issuer’s management and Board of Directors in the future regarding the foregoing and other matters.
Any alternatives that the Reporting Persons may pursue will depend upon a variety of factors, including, without limitation, current and anticipated future trading prices of the Shares, as well as the financial condition, results of operations and prospects of the Issuer. Depending upon the foregoing factors, the Reporting Persons may also acquire additional Shares, or sell all or part of their Shares, in open market or privately negotiated transactions. Any open market or privately negotiated purchases or sales may be made at any time without prior notice.