On May 7, 2012, the Company declared a dividend of $0.11 per share for a total distribution of $1,009,903. The distribution was paid on June 1, 2012 to stockholders of record on May 24, 2012. The dividend reinvestment amounted to 3.2 percent.

On June 1, 2012, the Company filed a 10-K/A. This Amendment No. 2 to the Annual Report on Form 10-K amended the Company’s Annual Report for the fiscal year ended November 30, 2011. The changes made in the amendment did not impact net income or earnings per share amounts.

On June 6, 2012, the company filed an S-3/A registration statement with the Securities and Exchange Commission. (See Item 2. Management Discussion & Analysis of Financial Condition and Results of Operations, Liquidity and Capital Resources.)

On June 19, 2012, NGL Energy Partners, LP and certain of its affiliates (collectively, “NGL”) acquired High Sierra Energy, LP and High Sierra Energy GP, LLC (collectively, “High Sierra”) pursuant to which NGL, a New York Stock Exchange listed company, is expected to pay to the limited partners of High Sierra a combination of cash and units of NGL. (See Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations, Private Company and Wholly Owned Subsidiary Update, High Sierra).