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To: Johnny Canuck who wrote (54449)	11/30/2021 4:03:29 PM
From: E_K_S	Read Replies (3) \| Respond to of 69878

They bought this property for $21 million and sold it for $42 Million. I own some of their preferreds which are in the rears for 5 quarterly payments The Company intends to use any net cash proceeds from the sale of the Hotel to repay the existing mortgage on the property, repay a portion of the secured notes with Kemmons Wilson, to make any required distribution on the Company's preferred stock related to maintaining the Company's REIT status, and for general corporate purposes. Not much activity in the preferreds SOHOB & SOHON