UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number |
811-22780 | |||||||
| ||||||||
Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. | ||||||||
(Exact name of registrant as specified in charter) | ||||||||
| ||||||||
280 Park Avenue New York, NY |
|
10017 | ||||||
(Address of principal executive offices) |
|
(Zip code) | ||||||
| ||||||||
Tina M. Payne 280 Park Avenue New York, NY 10017 | ||||||||
(Name and address of agent for service) | ||||||||
| ||||||||
Registrants telephone number, including area code: |
(212) 832-3232 |
| ||||||
| ||||||||
Date of fiscal year end: |
November 30 |
| ||||||
| ||||||||
Date of reporting period: |
February 28, 2017 |
| ||||||
Item 1. Schedule of Investments
COHEN & STEERS MLP INCOME AND ENERGY OPPORTUNITY FUND, INC.
SCHEDULE OF INVESTMENTS
February 28, 2017 (Unaudited)
|
|
Number |
|
Value |
| |
MASTER LIMITED PARTNERSHIPS AND RELATED COMPANIES 122.7% |
|
|
|
|
| |
CRUDE/REFINED PRODUCTS 30.4% |
|
|
|
|
| |
Buckeye Partners LP(a) |
|
330,359 |
|
$ |
22,768,342 |
|
Enbridge Energy Partners LP(a) |
|
865,105 |
|
15,658,401 |
| |
Genesis Energy LP(a) |
|
422,799 |
|
14,307,518 |
| |
NuStar Energy LP(a) |
|
47,708 |
|
2,492,266 |
| |
NuStar GP Holdings LLC(a) |
|
309,022 |
|
8,930,736 |
| |
Phillips 66 Partners LP |
|
32,500 |
|
1,807,975 |
| |
Plains All American Pipeline LP(a) |
|
570,780 |
|
18,310,622 |
| |
SemGroup Corp., Class A(a) |
|
210,132 |
|
7,386,140 |
| |
Sunoco Logistics Partners LP |
|
321,218 |
|
8,136,452 |
| |
Valero Energy Partners LP |
|
61,000 |
|
2,986,560 |
| |
Western Refining Logistics LP |
|
95,300 |
|
2,325,320 |
| |
|
|
|
|
105,110,332 |
| |
DIVERSIFIED MIDSTREAM 48.7% |
|
|
|
|
| |
Energy Transfer Equity LP |
|
61,732 |
|
1,163,031 |
| |
Energy Transfer Equity LP (Unregistered)(b),(c) |
|
277,700 |
|
5,123,565 |
| |
Energy Transfer Partners LP(a) |
|
1,129,477 |
|
42,705,525 |
| |
Enterprise Products Partners LP |
|
1,628,964 |
|
45,659,861 |
| |
Kinder Morgan |
|
239,019 |
|
5,093,495 |
| |
MPLX LP |
|
664,055 |
|
24,709,486 |
| |
ONEOK Partners LP |
|
227,000 |
|
11,890,260 |
| |
Williams Cos. (The) |
|
188,195 |
|
5,333,446 |
| |
Williams Partners LP(a) |
|
653,309 |
|
26,328,353 |
| |
|
|
|
|
168,007,022 |
| |
GATHERING & PROCESSING 20.9% |
|
|
|
|
| |
American Midstream Partners LP(a) |
|
269,898 |
|
4,277,883 |
| |
Antero Midstream Partners LP |
|
59,107 |
|
2,027,370 |
| |
DCP Midstream Partners LP(a) |
|
114,894 |
|
4,503,845 |
| |
Enable Midstream Partners LP(a) |
|
139,091 |
|
2,269,965 |
| |
EnLink Midstream Partners LP(a) |
|
491,226 |
|
9,195,751 |
| |
Martin Midstream Partners LP |
|
138,967 |
|
2,661,218 |
| |
Noble Midstream Partners LP(a) |
|
117,279 |
|
5,699,759 |
| |
PennTex Midstream Partners LP |
|
282,564 |
|
4,518,198 |
| |
Rice Midstream Partners LP(a) |
|
672,875 |
|
16,559,454 |
| |
Tallgrass Energy GP LP(a) |
|
136,338 |
|
3,873,363 |
| |
Tallgrass Energy Partners LP |
|
93,899 |
|
5,019,841 |
| |
|
|
Number |
|
Value |
| |
Targa Resources Corp.(a) |
|
201,225 |
|
$ |
11,369,212 |
|
|
|
|
|
71,975,859 |
| |
MARINE SHIPPING/OFFSHORE 6.1% |
|
|
|
|
| |
GasLog Partners LP (Monaco) |
|
80,000 |
|
1,904,000 |
| |
Golar LNG Partners LP (Marshall Islands) |
|
403,492 |
|
9,094,710 |
| |
Hoegh LNG Partners LP (Marshall Islands) |
|
221,625 |
|
4,277,362 |
| |
KNOT Offshore Partners LP (Marshall Islands) |
|
92,041 |
|
2,029,504 |
| |
Teekay Corp. (Marshall Islands) |
|
208,200 |
|
2,044,524 |
| |
Teekay Offshore Partners LP (Marshall Islands) |
|
316,378 |
|
1,616,692 |
| |
|
|
|
|
20,966,792 |
| |
NATURAL GAS PIPELINES 11.4% |
|
|
|
|
| |
Cheniere Energy Partners LP(a) |
|
304,625 |
|
9,979,515 |
| |
TC PipeLines LP(a) |
|
188,083 |
|
11,484,348 |
| |
Tesoro Logistics LP(a) |
|
186,200 |
|
10,484,922 |
| |
TransCanada Corp. (CAD) (Canada) |
|
93,211 |
|
4,285,095 |
| |
Veresen (CAD) (Canada) |
|
320,000 |
|
3,257,341 |
| |
|
|
|
|
39,491,221 |
| |
OIL & GAS STORAGE 2.0% |
|
|
|
|
| |
Arc Logistics Partners LP(a) |
|
296,193 |
|
4,436,971 |
| |
VTTI Energy Partners LP (Marshall Islands) |
|
132,080 |
|
2,417,064 |
| |
|
|
|
|
6,854,035 |
| |
OTHER 1.2% |
|
|
|
|
| |
Sprague Resources LP(a) |
|
155,945 |
|
4,265,096 |
| |
PROPANE 1.4% |
|
|
|
|
| |
Suburban Propane Partners LP(a) |
|
182,488 |
|
4,772,061 |
| |
RENEWABLE ENERGY 0.6% |
|
|
|
|
| |
Pattern Energy Group(a) |
|
105,620 |
|
2,195,840 |
| |
TOTAL MASTER LIMITED PARTNERSHIPS AND RELATED COMPANIES |
|
|
|
423,638,258 |
| |
PREFERRED SECURITIES$25 PAR VALUE 5.1% |
|
|
|
|
| |
BANKS 1.2% |
|
|
|
|
| |
Bank of America Corp., 6.00%, Series EE(d) |
|
63,725 |
|
1,639,007 |
| |
Citigroup, 6.30%, Series S(d) |
|
16,926 |
|
444,815 |
| |
GMAC Capital Trust I, 6.824%, due 2/15/40, Series 2 (TruPS) (FRN)(e) |
|
35,000 |
|
900,200 |
| |
|
|
Number |
|
Value |
| |
Wells Fargo & Co., 5.85%(d) |
|
40,000 |
|
$ |
1,075,600 |
|
|
|
|
|
4,059,622 |
| |
CHEMICALS 0.5% |
|
|
|
|
| |
CHS, 7.50%, Series 4(d) |
|
11,388 |
|
328,316 |
| |
CHS, 7.10%, Series II(d) |
|
55,395 |
|
1,587,067 |
| |
|
|
|
|
1,915,383 |
| |
DIVERSIFIED FINANCIAL SERVICES 0.3% |
|
|
|
|
| |
Morgan Stanley, 5.85%, Series K(d) |
|
45,475 |
|
1,175,529 |
| |
INSURANCEREINSURANCEFOREIGN 0.3% |
|
|
|
|
| |
Axis Capital Holdings Ltd., 5.50%, Series E (Bermuda)(d) |
|
40,400 |
|
940,512 |
| |
REAL ESTATEDIVERSIFIED 0.9% |
|
|
|
|
| |
Colony NorthStar, 8.50%, Series F(d) |
|
60,959 |
|
1,561,160 |
| |
VEREIT, 6.70%, Series F(d) |
|
57,812 |
|
1,501,956 |
| |
|
|
|
|
3,063,116 |
| |
TECHNOLOGYSOFTWARE 0.3% |
|
|
|
|
| |
eBay, 6.00%, due 2/1/56 |
|
40,226 |
|
1,037,831 |
| |
UTILITIES 1.6% |
|
|
|
|
| |
Dominion Resources, 5.25%, due 7/30/76, Series A |
|
22,886 |
|
538,736 |
| |
DTE Energy Co., 5.375%, due 6/1/76, Series B |
|
43,925 |
|
1,062,107 |
| |
Integrys Holdings, 6.00%, due 8/1/73 |
|
48,029 |
|
1,265,684 |
| |
NextEra Energy Capital Holdings, 5.25%, due 6/1/76, Series K |
|
19,871 |
|
473,526 |
| |
SCE Trust IV, 5.375%, Series J(d) |
|
29,410 |
|
788,482 |
| |
Southern Co./The, 6.25%, due 10/15/75 |
|
54,000 |
|
1,439,100 |
| |
|
|
|
|
5,567,635 |
| |
TOTAL PREFERRED SECURITIES$25 PAR VALUE |
|
|
|
17,759,628 |
| |
|
|
Principal |
|
|
| |
PREFERRED SECURITIESCAPITAL SECURITIES 2.2% |
|
|
|
|
| |
BANKS 0.4% |
|
|
|
|
| |
Citigroup, 6.25%, Series T(d) |
|
$ |
1,000,000 |
|
1,089,820 |
|
Wells Fargo Capital X, 5.95%, due 12/1/86 |
|
250,000 |
|
268,125 |
| |
|
|
|
|
1,357,945 |
| |
|
|
Principal |
|
Value |
| ||
BANKSFOREIGN 0.5% |
|
|
|
|
| ||
Barclays PLC, 7.875% (United Kingdom)(d) |
|
$ |
400,000 |
|
$ |
420,704 |
|
Royal Bank of Scotland Group PLC, 8.625% (United Kingdom)(d) |
|
1,000,000 |
|
1,059,000 |
| ||
Societe Generale SA, 7.375%, 144A (France)(c),(d) |
|
200,000 |
|
203,000 |
| ||
|
|
|
|
1,682,704 |
| ||
INTEGRATED TELECOMMUNICATIONS SERVICES 0.2% |
|
|
|
|
| ||
Centaur Funding Corp., 9.08%, due 4/21/20, 144A (Cayman Islands)(c) |
|
500 |
|
581,562 |
| ||
PIPELINES 0.1% |
|
|
|
|
| ||
Transcanada Trust, 5.875%, due 8/15/76, Series 16-A (Canada) |
|
386,000 |
|
415,915 |
| ||
UTILITIES 1.0% |
|
|
|
|
| ||
Emera, 6.75%, due 6/15/76, Series 16-A (Canada) |
|
850,000 |
|
935,000 |
| ||
Enel SpA, 8.75%, due 9/24/73, 144A (Italy)(c) |
|
2,200,000 |
|
2,541,000 |
| ||
|
|
|
|
3,476,000 |
| ||
TOTAL PREFERRED SECURITIESCAPITAL SECURITIES |
|
|
|
7,514,126 |
| ||
|
|
Number |
|
|
|
SHORT-TERM INVESTMENTS 0.3% |
|
|
|
|
|
MONEY MARKET FUNDS |
|
|
|
|
|
State Street Institutional Treasury Money Market Fund, Premier Class, 0.42%(f) |
|
1,000,000 |
|
1,000,000 |
|
TOTAL SHORT-TERM INVESTMENTS |
|
|
|
1,000,000 |
|
|
|
|
|
|
|
Value |
| |
TOTAL INVESTMENTS (Identified cost$389,770,587) |
|
130.3 |
% |
|
|
$ |
449,912,012 |
|
|
|
|
|
|
|
|
| |
LIABILITIES IN EXCESS OF OTHER ASSETS |
|
(30.3 |
) |
|
|
(104,521,216 |
) | |
NET ASSETS (Equivalent to $12.89 per share based on 26,793,340 shares of common stock outstanding) |
|
100.0 |
% |
|
|
$ |
345,390,796 |
|
Glossary of Portfolio Abbreviations
|
CAD |
Canadian Dollar |
|
FRN |
Floating Rate Note |
|
TruPS |
Trust Preferred Securities |
Note: Percentages indicated are based on the net assets of the Fund.
(a) All or a portion of the security is pledged as collateral in connection with the Funds credit agreement. $215,076,900 in aggregate has been pledged as collateral.
(b) Illiquid security. Aggregate holdings equal 1.5% of the net assets of the Fund. This security was acquired on January 6, 2017 at a cost of $4,998,600 ($18.00 per share).
(c) Resale is restricted to qualified institutional investors. Aggregate holdings amounting to $8,449,127 or 2.5% of the net assets of the Fund, of which 1.5% are illiquid.
(d) Perpetual security. Perpetual securities pay an indefinite stream of interest, but they may be called by the issuer at an earlier date.
(e) Variable rate. Rate shown is in effect at February 28, 2017.
(f) Rate quoted represents the annualized seven-day yield of the fund.
Represents shares.
COHEN & STEERS MLP INCOME AND ENERGY OPPORTUNITY FUND, INC.
NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)
Note 1. Portfolio Valuation
Investments in securities that are listed on the New York Stock Exchange (NYSE) are valued, except as indicated below, at the last sale price reflected at the close of the NYSE on the business day as of which such value is being determined. If there has been no sale on such day, the securities are valued at the mean of the closing bid and ask prices on such day or, if no ask price is available, at the bid price.
Securities not listed on the NYSE but listed on other domestic or foreign securities exchanges (including NASDAQ) are valued in a similar manner. Securities traded on more than one securities exchange are valued at the last sale price reflected at the close of the exchange representing the principal market for such securities on the business day as of which such value is being determined. If after the close of a foreign market, but prior to the close of business on the day the securities are being valued, market conditions change significantly, certain non-U.S. equity holdings may be fair valued pursuant to procedures established by the Board of Directors.
Readily marketable securities traded in the over-the-counter market, including listed securities whose primary market is believed by Cohen & Steers Capital Management, Inc. (the investment advisor) to be over-the-counter, are valued on the basis of prices provided by a third-party pricing service or third-party broker-dealers when such prices are believed by the investment advisor, pursuant to delegation by the Board of Directors, to reflect the fair value of such securities.
Fixed-income securities are valued on the basis of prices provided by a third-party pricing service or third-party broker-dealers when such prices are believed by the investment advisor, pursuant to delegation by the Board of Directors, to reflect the fair value of such securities. The pricing services or broker-dealers use multiple valuation techniques to determine fair value. In instances where sufficient market activity exists, the pricing services or broker-dealers may utilize a market-based approach through which quotes from market makers are used to determine fair value. In instances where sufficient market activity may not exist or is limited, the pricing services or broker-dealers also utilize proprietary valuation models which may consider market transactions in comparable securities and the various relationships between securities in determining fair value and/or characteristics such as benchmark yield curves, option-adjusted spreads, credit spreads, estimated default rates, coupon rates, anticipated timing of principal repayments, underlying collateral, and other unique security features which are then used to calculate the fair values.
Short-term debt securities with a maturity date of 60 days or less are valued at amortized cost, which approximates fair value. Investments in open-end mutual funds are valued at their closing net asset value.
The policies and procedures approved by the Funds Board of Directors delegate authority to make fair value determinations to the investment advisor, subject to the oversight of the Board of Directors. The investment advisor has established a valuation committee (Valuation Committee) to administer, implement and oversee the fair valuation process according to the policies and procedures approved annually by the Board of Directors. Among other things, these procedures
COHEN & STEERS MLP INCOME AND ENERGY OPPORTUNITY FUND, INC.
NOTES TO SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
allow the Fund to utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value.
Securities for which market prices are unavailable, or securities for which the investment advisor determines that the bid and/or ask price or a counterparty valuation does not reflect market value, will be valued at fair value, as determined in good faith by the Valuation Committee, pursuant to procedures approved by the Funds Board of Directors. Circumstances in which market prices may be unavailable include, but are not limited to, when trading in a security is suspended, the exchange on which the security is traded is subject to an unscheduled close or disruption or material events occur after the close of the exchange on which the security is principally traded. In these circumstances, the Fund determines fair value in a manner that fairly reflects the market value of the security on the valuation date based on consideration of any information or factors it deems appropriate. These may include, but are not limited to, recent transactions in comparable securities, information relating to the specific security and developments in the markets.
Foreign equity fair value pricing procedures utilized by the Fund may cause certain non-U.S. equity holdings to be fair valued on the basis of fair value factors provided by a pricing service to reflect any significant market movements between the time the Fund values such securities and the earlier closing of foreign markets.
The Funds use of fair value pricing may cause the net asset value of Fund shares to differ from the net asset value that would be calculated using market quotations. Fair value pricing involves subjective judgments and it is possible that the fair value determined for a security may be materially different than the value that could be realized upon the sale of that security.
Fair value is defined as the price that the Fund would expect to receive upon the sale of an investment or expect to pay to transfer a liability in an orderly transaction with an independent buyer in the principal market or, in the absence of a principal market, the most advantageous market for the investment or liability. The hierarchy of inputs that are used in determining the fair value of the Funds investments is summarized below.
· Level 1 quoted prices in active markets for identical investments
· Level 2 other significant observable inputs (including quoted prices for similar investments, interest rates, credit risk, etc.)
· Level 3 significant unobservable inputs (including the Funds own assumptions in determining the fair value of investments)
The inputs or methodology used for valuing securities may or may not be an indication of the risk associated with investing in those securities.
For movements between the levels within the fair value hierarchy, the Fund has adopted a policy of recognizing the transfer at the end of the period in which the underlying event causing the movement occurred. Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy. There were no transfers between Level 1 and Level 2 securities as of February 28, 2017.
COHEN & STEERS MLP INCOME AND ENERGY OPPORTUNITY FUND, INC.
NOTES TO SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
The following is a summary of the inputs used as of February 28, 2017 in valuing the Funds investments carried at value:
|
|
|
|
Quoted Prices in |
|
Other |
|
Significant |
| ||||
|
|
Total |
|
(Level 1) |
|
(Level 2) |
|
(Level 3) |
| ||||
Master Limited Partnerships and Related Companies: |
|
|
|
|
|
|
|
|
| ||||
Diversified Midstream |
|
$ |
168,007,022 |
|
$ |
162,883,457 |
|
$ |
|
|
$ |
5,123,565 |
(a),(b) |
Other Industries |
|
255,631,236 |
|
255,631,236 |
|
|
|
|
| ||||
Preferred Securities $25 Par Value: |
|
|
|
|
|
|
|
|
| ||||
Utilities |
|
5,567,635 |
|
4,301,951 |
|
1,265,684 |
|
|
| ||||
Other Industries |
|
12,191,993 |
|
12,191,993 |
|
|
|
|
| ||||
Preferred Securities |
|
|
|
|
|
|
|
|
| ||||
Capital Securities |
|
7,514,126 |
|
|
|
7,514,126 |
|
|
| ||||
Short-Term Investments |
|
1,000,000 |
|
|
|
1,000,000 |
|
|
| ||||
Total Investments(c) |
|
$ |
449,912,012 |
|
$ |
435,008,637 |
|
$ |
9,779,810 |
|
$ |
5,123,565 |
|
(a) Private placement in a public equity classified as Level 3 is valued at a discount to quoted market price to reflect limited liquidity.
(b) Fair valued, pursuant to the Funds fair value procedures utilizing significant unobservable inputs and assumptions. A change in the significant unobservable inputs could result in a significantly lower or higher value in such Level 3 investments.
(c) Portfolio holdings are disclosed individually on the Schedule of Investments.
The following is a reconciliation of investments for which significant unobservable inputs (Level 3) were used in determining fair value:
|
|
Total |
|
Master |
|
Master Limited |
| |||
Balance as of November 30, 2016 |
|
$ |
1,148,691 |
|
$ |
|
|
$ |
1,148,691 |
|
Purchases |
|
4,998,600 |
|
4,998,600 |
|
|
| |||
Sales |
|
(1,194,239 |
) |
|
|
(1,194,239 |
) | |||
Change in unrealized appreciation (depreciation) |
|
170,513 |
|
124,965 |
|
45,548 |
| |||
Balance as of February 28, 2017 |
|
$ |
5,123,565 |
|
$ |
5,123,565 |
|
$ |
|
|
COHEN & STEERS MLP INCOME AND ENERGY OPPORTUNITY FUND, INC.
NOTES TO SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
The change in unrealized appreciation (depreciation) attributable to securities owned on February 28, 2017 which were valued using significant unobservable inputs (Level 3) amounted to $124,965.
The following table summarizes the quantitative inputs and assumptions used for investments categorized in Level 3 of the fair value hierarchy.
|
|
Fair Value |
|
Valuation Technique |
|
Unobservable Input |
|
Input Value |
| |
Maseter Limited Partnerships and Related Companies: |
|
|
|
|
|
|
|
|
| |
Diversified Midstream |
|
$ |
5,123,565 |
|
Market Price Less Discount |
|
Liquidity Discount |
|
2.05 |
% |
The significant unobservable inputs utilized in the fair value measurement of the Funds Level 3 equity investments in Master Limited Partnerships and Related CompaniesDiversified Midstream is a discount to quoted market prices to reflect limited liquidity. Significant increases (decreases) in this input may result in a materially lower (higher) fair value measurement.
Note 2. Income Tax Information
As of February 28, 2017, the federal tax cost and net unrealized appreciation (depreciation) in value of securities held were as follows:
Cost for federal income tax purposes |
|
$ |
389,770,587 |
|
Gross unrealized appreciation |
|
$ |
74,375,474 |
|
Gross unrealized depreciation |
|
(14,234,049 |
) | |
Net unrealized appreciation (depreciation) |
|
$ |
60,141,425 |
|
Item 2. Controls and Procedures
(a) The registrants principal executive officer and principal financial officer have concluded that the registrants disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the 1940 Act)) (17 CFR 270.30a-3(c)) are effective as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or Rule 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(d)).
(b) There were no changes in the registrants internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) (17 CFR 270.30a-3(d)) that occurred during the registrants last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrants internal control over financial reporting.
Item 3. Exhibits.
Certifications of principal executive officer and principal financial officer as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)).
(a) Certifications of principal executive officer and principal financial officer as required by Rule 30a-2(a) under the Investment Company Act of 1940.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
COHEN & STEERS MLP INCOME AND ENERGY OPPORTUNITY FUND, INC.
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/s/ Adam M. Derechin |
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Name: Adam M. Derechin |
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Title: President |
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Date: April 24, 2017 |
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Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: |
/s/ Adam M. Derechin |
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By: |
/s/ James Giallanza |
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Name: Adam M. Derechin |
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Name: James Giallanza |
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Title: President and Principal Executive Officer |
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Title: Principal Financial Officer |
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Date: April 24, 2017 |
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