04/17/2017 Letter re Plan Modifications

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On April 6, 2017, the Court heard the joint motion of the PHT Trustee and the Creditors’ Trustee to modify the Third Amended Plan of Reorganization. After the motion was filed, some investors objected to the motion and other parties expressed concerns about some of the Trustees’ proposals. After significant negotiations, the Trustees and the objecting investors agreed to slightly change …

04/14/2017 Letter re IRA Option 4 (Conversion)

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Re: Your IRA Option 4 (Conversion) election regarding certain positions Dear Investor: According to our records, you elected IRA Option 4 (Conversion) for at least one position in your IRA. In order for your election to be valid, you must instruct your IRA custodian to distribute the position(s) for which you elected Option 4 out of your IRA. To do so, you …