<table><tr><th>From:</th><th>Richard Kahn</th></tr><tr><td>Sent:</td><td>Wednesday, June 18, 2014 7:43 PM</td></tr><tr><td>To:</td><td>Richard Joslin</td></tr><tr><td>Cc:</td><td>Richard D'Agostino; Jeffrey E.</td></tr><tr><td>Subject:</td><td>AP SHL Investors</td></tr><tr><td>Attachments:</td><td>Financial Trust Company - AP SHL Investors LLC 2012.pdf; Untitled attachment
00119.htm </td></tr></table>

We did receive a K-1 after the FTC 2012 tax return =as filed. They historically have sent us our K-1 every year =fter or on 9/15. We reported the sale and wrote off the balance to =ong-term capital gain.

Attached =s the K-1 which shows that they did not zero out the =alance.

Please call me with any questions.

Thank you.