Lennox Investments L.L.C. signed a memorandum of understanding to acquire Southport Re from Global Condiments, Inc. (OTCBB:GCNT) on April 9, 2014. The transaction is subject to customary closing conditions, including required regulatory approvals and is expected to be completed by the end of the second quarter of 2014.

Lennox Investments L.L.C. cancelled the acquisition of Southport Re from Global Condiments, Inc. (OTCBB:GCNT) on April 9, 2015.