Deliberations of the Committee have been productive and informative with the Committee having worked with the management team to develop the Trust’s investor presentation that is now available on the Trust’s website, www.tpltrust.com.
In consultation with the Trust’s advisors, the Committee unanimously recognized compelling reasons to move to a corporate structure. The Committee will continue to work with the advisors to make a final recommendation to the Trustees as to the structure of such conversion or reorganization.
I like the fact that the CC worked with management and CS on the deck that was recently released and presented. I also like the unanimous vote. All seems constructive. Thinking patience to get the exact final form and plan right is warranted.