EFTA Document EFTA01459318

From: Richard Kahn Sent: 1/13/2016 2:25:27 PM To: Paul V Morris I Subject: Fwd: Follow up to this morning's call Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 Begin forwarded message: From: Ariane Dwyer < Subject: RE: Follow up to this morning's call Date: January 11, 2016 at 8:46:50 AM EST To: Richard Kahn < Cc: Vahe Stepanian < >, Daniel Sabba < Hi Rich, I hope all goes well with the doctor. When you have a minute could you please let us know how you would like to proceed with the below? The cut-off date is 1/15/16. Best, Ari From: Ariane Dwyer Sent: Thursday, January 07, 2016 12:35 PM To: Richard Kahn Cc: Vahe Stepanian Subject: Follow up to this morning's call Hi Rich, I spoke with Pershing regarding the General Electric security exchange. They clarified that this was a mandatory exchange for holders of outstanding GE Preferred Stock. Please find details of the exchange in this article, under the sub- title "GE Preferred Stock" http://www.businesswire.com/news/home/20151201006722/en/ That being said, there is now an open voluntary action for the preferred stock, details below. Southern Financial owns 2,469,000 of these securities (approx. market value of $2.49mm) Please let us know how you would like to proceed. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 119650 CONFIDENTIAL SDNY_GM_00265834 EFTA01459318