time to time may acquire additional Common Stock, or dispose of any or all of its Common Stock, pursuant to securities laws, depending upon an ongoing evaluation of its investment, prevailing market conditions, other investment opportunities, and/or other investment considerations.
Consistent with their investment purpose, the Reporting Persons will seek to engage in discussions with one or more stockholders or lenders of the Issuer, one or more officers of the Issuer and/or one or more members of the board of directors of the Issuer and/or one or more representatives of the Issuer regarding the Issuer, including but not limited to its operations, assets, business strategy, corporate governance, and/or financial condition. Except as disclosed above, none of the Reporting Persons currently has any other plans or proposals which relate to, or would result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of the instructions to Item 4 of Schedule 13D. The Reporting Persons may, at any time and from time to time, review or reconsider their position and/or change their purpose and/or formulate plans or proposals with respect thereto.
On August 14, 2018, John C. Goff was added to the board of directors of the Issuer.
Item 5. | Interest in Securities of the Issuer. |
Item 5 is amended and restated in its entirety as follows:
The aggregate percentage of Shares reported owned by each person named herein is based upon 33,063,843 Shares outstanding, as of November 16, 2018, which is the total number of Shares outstanding upon the issuance of 7,500,000 shares as reported in the Issuer’s Prospectus filed with the Securities and Exchange Commission on November 19, 2018.
| i. | As of close of business on November 19, 2018, Goff MCF beneficially owned 4,411,830 Shares. |
Percentage: 13.3%
1. Sole power to vote or direct vote: 4,411,830
2. Shared power to dispose or direct the disposition: 0
3. Sole power to dispose or direct the disposition: 4,411,830
4. Shared power to dispose or direct the disposition: 0
| iii. | The transactions in the Shares by Goff MCF during the past sixty days are set forth in Schedule A and are incorporated herein by reference. |
| i. | As of close of business on November 19, 2018, Goff REN beneficially owned 915,561 Shares. |
Percentage: 2.8%
1. Sole power to vote or direct vote: 915,561
2. Shared power to dispose or direct the disposition: 0
3. Sole power to dispose or direct the disposition: 915,561
4. Shared power to dispose or direct the disposition: 0
| iii. | The transactions in the Shares by Goff REN during the past sixty days are set forth in Schedule A and are incorporated herein by reference. |
| i. | As of close of business on November 19, 2018, Goff REN II beneficially owned 610,375 Shares. |
Percentage: 1.8%