<SEC-DOCUMENT>0000891092-15-001225.txt : 20150213
<SEC-HEADER>0000891092-15-001225.hdr.sgml : 20150213
<ACCEPTANCE-DATETIME>20150213163334
ACCESSION NUMBER:		0000891092-15-001225
CONFORMED SUBMISSION TYPE:	8-K/A
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20141202
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20150213
DATE AS OF CHANGE:		20150213

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ALICO INC
		CENTRAL INDEX KEY:			0000003545
		STANDARD INDUSTRIAL CLASSIFICATION:	AGRICULTURE PRODUCTION - CROPS [0100]
		IRS NUMBER:				590906081
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-00261
		FILM NUMBER:		15615272

	BUSINESS ADDRESS:	
		STREET 1:		10070 DANIELS INTERSTATE COURT STE. 100
		CITY:			FT. MYERS,
		STATE:			FL
		ZIP:			33913
		BUSINESS PHONE:		239-226-2000

	MAIL ADDRESS:	
		STREET 1:		10070 DANIELS INTERSTATE COURT STE. 100
		CITY:			FT. MYERS,
		STATE:			FL
		ZIP:			33913

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALICO LAND DEVELOPMENT CO
		DATE OF NAME CHANGE:	19740219
</SEC-HEADER>
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<TYPE>8-K/A
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<FILENAME>e62805_8ka.htm
<DESCRIPTION>FORM 8-K/A
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<P STYLE="font: bold 14pt Times New Roman, Times, Serif; margin: 6pt 0 12pt; text-transform: uppercase; text-align: center; border-top: 2pt solid black"> &nbsp; </P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 6pt 0 12pt; text-transform: uppercase; text-align: center"><FONT STYLE="font-size: 14pt"> UNITED
STATES </FONT> <BR>
<FONT STYLE="font-size: 14pt">SECURITIES AND EXCHANGE COMMISSION</FONT><BR>
Washington, D.C. 20549 </P>

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    <TD STYLE="width: 100%; border-bottom: Black 1pt solid"> &nbsp; </TD></TR>
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<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0"></P>

<P STYLE="margin: 0; text-indent: 0.5in"> &nbsp; </P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B> FORM 8-K/A </B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"> CURRENT REPORT </P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"> Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934 </P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"> &nbsp; </P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"> Date of Report (Date of Earliest Event Reported):
<B>December 2, 2014 </B> </P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"> &nbsp; </P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B> ALICO, INC. </B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"> (Exact name of Registrant as specified in
its Charter) </P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"> &nbsp; </P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"> &nbsp; </P>

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    <TD STYLE="width: 40%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 12pt Times New Roman, Times, Serif"><B> Florida </B></FONT></TD>
    <TD STYLE="width: 22%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 12pt Times New Roman, Times, Serif"><B> 0-261 </B></FONT></TD>
    <TD STYLE="width: 38%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 12pt Times New Roman, Times, Serif"><B> 59-0906081 </B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 12pt Times New Roman, Times, Serif"> (State
    or other jurisdiction </FONT> <BR>
    <FONT STYLE="font: 12pt Times New Roman, Times, Serif">of incorporation)</FONT> </TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 12pt Times New Roman, Times, Serif"> (Commission </FONT> <BR>
    <FONT STYLE="font: 12pt Times New Roman, Times, Serif">File Number)</FONT> </TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 12pt Times New Roman, Times, Serif"> (IRS
    Employer </FONT> <BR>
    <FONT STYLE="font: 12pt Times New Roman, Times, Serif">Identification No.)</FONT> </TD></TR>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B> &nbsp; </B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B> &nbsp; </B></P>

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    <TD STYLE="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B> 10070 Daniels Interstate Court
        </B></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B> Fort Myers, Florida 33913 </B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 12pt Times New Roman, Times, Serif"> (Address
    of principal executive offices) </FONT></TD></TR>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"> &nbsp; </P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"> &nbsp; </P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"> Registrant&rsquo;s Telephone Number: <B>(239)
226-2000 </B> </P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"> &nbsp; </P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"> &nbsp; </P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"> &#9;Check the appropriate box below if
the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions: </P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0"> &nbsp; </P>

<P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0 0 0 0.25in"><FONT STYLE="font-family: Wingdings"> &#168; </FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif">
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT> </P>

<P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0 0 0 0.25in"><FONT STYLE="font-family: Wingdings"> &#168; </FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif">
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT> </P>

<P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0 0 0 0.5in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings"> &#168;
</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif">Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))</FONT> </P>

<P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0 0 0 0.5in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings"> &#168;
</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif">Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))</FONT> </P>

<P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0 0 0 0.5in; text-indent: -0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif"> &nbsp; </FONT></P>

<P STYLE="font: bold 14pt Times New Roman, Times, Serif; margin: 6pt 0 0pt; text-transform: uppercase; text-align: center; border-top: black 2pt solid"> &nbsp; </P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>EXPLANATORY NOTE</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&#9;This Current Report on Form 8-K/A is being filed as an
amendment to the Current Report on Form 8-K filed by Alico, Inc. (the &ldquo;<U>Company</U>&rdquo;) with the Securities and Exchange
Commission (the &ldquo;<U>Commission</U>&rdquo;) on December 5, 2014 (the &ldquo;<U>Original Form 8-K</U>&rdquo;) announcing the
completion of its previously announced acquisition of certain citrus assets of Orange-Co, LP (&ldquo;<U>Orange-Co</U>&rdquo;),
including approximately 20,263 acres of citrus groves, the crop on the citrus trees, buildings, structures and personal property
located on the groves, and certain related minerals and mineral rights (the &ldquo;<U>Orange-Co Acquisition</U>&rdquo;). This Current
Report on Form 8-K/A amends Item 9.01 of the Original Form 8-K to present, among other things, certain audited financial statements
of Orange-Co and certain unaudited pro forma financial information in connection with the Orange-Co Acquisition. All of the other
Items in the Original Form 8-K remain the same and are hereby incorporated herein by reference.<BR>
<BR>
<B>Item 9.01.&#9;Financial Statements and Exhibits.</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt"><B>(a) Financial Statements of Businesses Acquired.</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The unaudited consolidated financial
statements of 734 Citrus Holdings, LLC as of and for the three months ended September 30, 2014 and 2013 are filed as Exhibit 99.2
to this Current Report on Form 8-K/A and are incorporated by reference herein.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The audited consolidated financial statements
of 734 Citrus Holdings, LLC, as of and for the year ended June 30, 2014 and the period from October 19, 2012 through June 30, 2013,
together with the independent auditors&rsquo; report thereon are filed as Exhibit 99.3 to this Current Report on Form 8-K/A and
are incorporated by reference herein.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The audited consolidated financial statements
of Orange-Co as of and for the years ended September 30, 2014, 2013 and 2012, together with the independent auditors&rsquo; report
thereon, are filed as Exhibits 99.4 to this Current Report on Form 8-K/A and are incorporated by reference herein.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt"><B>(b) Pro Forma Financial Information.</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The unaudited pro forma condensed consolidated
balance sheet of the Company as of September&nbsp;30, 2014, and the related pro forma condensed consolidated statements of comprehensive
income for the the year ended September 30, 2014 are filed as Exhibit 99.1 to this Current Report on Form 8-K/A and are incorporated
by reference herein.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in"><B>(d) Exhibits.</B></P>

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    <TD STYLE="width: 16%; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; font: 12pt Courier New, Courier, Monospace; text-align: center"><FONT STYLE="font: 12pt Times New Roman, Times, Serif"><B>Exhibit <U>Number</U></B></FONT></TD>
    <TD STYLE="width: 84%; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; font: 12pt Courier New, Courier, Monospace; text-decoration: underline"><FONT STYLE="font: 12pt Times New Roman, Times, Serif"><B><U>Description</U></B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 12pt Times New Roman, Times, Serif">99.1</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="font: 12pt Times New Roman, Times, Serif">Unaudited Pro Forma Condensed Consolidated Financial Information</FONT></TD></TR>
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    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 12pt Times New Roman, Times, Serif">99.2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="font: 12pt Times New Roman, Times, Serif">Unaudited Consolidated Financial Statements of 734 Citrus Holdings, LLC as of and for the three months ended September 30, 2014 and 2013</FONT></TD></TR>
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    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 12pt Times New Roman, Times, Serif">99.3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="font: 12pt Times New Roman, Times, Serif">Audited Consolidated Financial Statements of 734 Citrus Holdings, LLC as of and for the year ended June 30, 2014 and the period from October 19, 2012 through June 30, 2013</FONT></TD></TR>
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    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 12pt Times New Roman, Times, Serif">99.4</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="font: 12pt Times New Roman, Times, Serif">Audited Consolidated Financial Statements of Orange-Co, LP as of and for the years ended September 30, 2014, 2013 and 2012</FONT></TD></TR>
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<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center">SIGNATURES</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in">&#9;Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <TD STYLE="font: 12pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD COLSPAN="2">Alico, Inc.</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%; font: 12pt Times New Roman, Times, Serif; padding-bottom: 1pt">Date: February 13, 2015</TD><TD STYLE="width: 1%; font: 12pt Times New Roman, Times, Serif; padding-bottom: 1pt"><I>&nbsp;</I>By:&nbsp;&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt; border-bottom: Black 1pt solid">
    /s/ W. Mark Humphrey</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif">Name: W. Mark Humphrey</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif">Title: Senior Vice President and Chief Financial Officer</TD></TR>
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<TYPE>EX-99.1
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<DESCRIPTION>UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL INFORMATION
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right; text-indent: 0.5in">&#9;<B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>UNAUDITED PRO FORMA CONDENSED CONSOLIDATED
FINANCIAL INFORMATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The following
unaudited pro forma condensed consolidated financial statements of Alico, Inc., referred to as Alico, reflect the December 2, 2014
acquisition of certain assets and liabilities of Orange&#45;Co,&nbsp;LP, or Orange&#45;Co, including approximately 20,263 acres
of citrus groves in DeSoto and Charlotte Counties and a 51% ownership interest in Citree Holdings 1, LLC but excluding certain
retained assets and liabilities, for approximately $282,000,000 in a transaction we refer to as the Orange-Co Acquisition. The
unaudited pro forma condensed consolidated financial statements also reflect certain financing transactions related to the Orange&#45;Co
Acquisition, which had the effect of refinancing Alico&rsquo;s previously outstanding term loan and Orange&#45;Co&rsquo;s term
and working capital indebtedness, with (1)&nbsp;a new credit facility entered into with Metropolitan Life Insurance Company and
New England Life Insurance Company, referred to as the MetLife Agreement, providing for term loans in the aggregate principal amount
of $182,500,000 and $25,000,000 in revolving credit commitments, and (2)&nbsp;a new credit agreement with Rabo Agrifinance,&nbsp;Inc.,
referred to as the Rabo Credit Agreement, providing a $70,000,000 revolving working capital line of credit (of which approximately
$28,365,000 was drawn at the closing of the Orange&#45;Co Acquisition). </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">In addition to the
Orange-Co Acquisition, the following completed and probable transactions are included in the unaudited pro forma condensed consolidated
financial statements:</P>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">On November&nbsp;21, 2014 Alico sold approximately 36,000 acres of land used for sugarcane production
and land leasing in Hendry County, Florida to Global Ag Properties USA,&nbsp;LLC for total gross proceeds of approximately $97,900,000&nbsp;million,
which we refer to as the Sugarcane Disposition;</TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">On December&nbsp;2, 2014, Alico entered into an Agreement and Plan of Merger (also referred to
as the Merger Agreement) with 734 Sub,&nbsp;LLC, a wholly owned subsidiary of Alico (also referred to as Merger Sub), 734 Citrus
Holdings,&nbsp;LLC (also referred to as Silver Nip Citrus) and, solely with respect to certain sections thereof, the equity holders
of Silver Nip Citrus. The Merger Agreement provides that, upon the terms and subject to the conditions set forth therein, Merger
Sub will merge with and into Silver Nip Citrus, with Silver Nip Citrus surviving as a wholly owned subsidiary of Alico. We refer
to this as the Merger. We anticipate a closing date for the Merger on or about March 1, 2015.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The unaudited pro
forma condensed consolidated financial statements have been prepared on a basis consistent with GAAP and applicable requirements
of the SEC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The unaudited pro
forma condensed consolidated statements of comprehensive income combine the historical consolidated statements of income of Alico
and Orange&#45;Co for the fiscal year ended September&nbsp;30, 2014, and of Silver Nip Citrus for its fiscal year ended June&nbsp;30,
2014, giving effect to the Orange-Co Acquisition, Sugarcane Disposition and Merger as if they had occurred on October&nbsp;1, 2013.
The unaudited pro forma condensed consolidated balance sheets combine the respective balance sheets of Alico and Orange&#45;Co
as of September&nbsp;30, 2014, and of Silver Nip Citrus as of June&nbsp;30, 2014, giving effect to the Orange-Co Acquisition, Sugarcane
Disposition and Merger as if they occurred effective September&nbsp;30, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The unaudited pro
forma condensed consolidated financial statements are prepared in accordance with Article&nbsp;11 of Regulation&nbsp;S&#45;X. The
pro forma adjustments are described in the accompanying notes and are based upon information and assumptions available at the time
of the filing of this report.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The unaudited pro
forma adjustments are based on preliminary purchase price allocations and, in the case of the Merger, an estimated purchase price.
Alico based these estimates on available information and assumptions it believes to be reasonable. Therefore the amounts in the
unaudited pro forma condensed consolidated financial statements are subject to change. The unaudited pro forma condensed consolidated
financial statements are provided for illustrative purposes only and do not purport to represent what Alico&rsquo;s consolidated
results of operations or financial position would have actually been, had the Orange-Co Acquisition in fact occurred on such dates,
nor do they purport to project the results of operations or financial position of Alico for any future period or date.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>ALICO,&nbsp;INC. AND SUBSIDIARIES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNAUDITED PRO FORMA CONDENSED CONSOLIDATED
BALANCE SHEETS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>As of September&nbsp;30, 2014</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>(dollars in thousands, except share
and per share amounts)</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 9pt Arial, Helvetica, Sans-Serif">
<TR>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="15" STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
    Reported</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; text-align: left; text-indent: 78.6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">Alico,
    Inc.</FONT></TD><TD NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">Orange-Co,
    LP</FONT></TD><TD NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">734
    Citrus</FONT></TD><TD NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">Total</FONT></TD><TD NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">Adjustments</FONT></TD><TD NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" NOWRAP STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif">Pro
    Forma</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; text-align: left; text-indent: 78.6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">ASSETS</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">Current assets:</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="width: 37%; text-align: left; text-indent: 7.56pt; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">Cash
    and cash equivalents</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="width: 5%; text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">30,779</FONT></TD><TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="width: 5%; text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">447</FONT></TD><TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="width: 5%; text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">241</FONT></TD><TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="width: 5%; text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">31,467</FONT></TD><TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 5%; text-align: right; background-color: #b7dee8"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(a)&nbsp;</FONT></TD><TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="width: 5%; text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">(3,168</FONT></TD><TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="width: 5%; text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">26,367</FONT></TD><TD STYLE="width: 1%; text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(c)&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">(470</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(e)&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">(1,800</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(f)&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">338</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left; text-indent: 7.56pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Restricted cash</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(b)&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">97,126</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(c)&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(c)&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(97,126</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left; text-indent: 7.56pt; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">Investments</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">263</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">263</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">263</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left; text-indent: 7.56pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Accounts receivable,
    net</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">3,847</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">917</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">4,594</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">9,358</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(f)&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">5</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">9,363</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left; text-indent: 7.56pt; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">Inventories</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">19,929</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">31,480</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">5,540</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">56,949</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(d)&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">2,263</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">59,212</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left; text-indent: 7.56pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Assets held for
    sale</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">56,681</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">2,832</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">59,513</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(54,130</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">2,551</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(d)&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(2,832</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left; text-indent: 7.56pt; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">Other
    current assets</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">573</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">304</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">432</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,309</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,309</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; text-align: left; text-indent: 15.12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Total
    current assets</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">112,072</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">33,148</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">13,639</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">158,859</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(59,794</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">99,065</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">Restricted cash</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">185</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">185</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(c)&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(185</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">Investment
    in Magnolia Fund</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,435</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,435</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,435</FONT></TD><TD STYLE="text-align: left; background-color: #b7dee8"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">Investments, deposits and other
    non-current assets</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,933</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">2,699</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">972</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">5,604</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(c)&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(712</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">5,791</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(c)&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">2,834</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(c)&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(379</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(f)&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(1,556</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">Cash
    surrender value of life insurance</FONT></TD><TD STYLE="background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">695</FONT></TD><TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">695</FONT></TD><TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT></TD><TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">695</FONT></TD><TD STYLE="text-align: left; background-color: rgb(183,222,232)"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">Property, buildings and equipment, net</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">87,432</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">92,616</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">39,401</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">219,449</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(c)&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">152,361</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">407,997</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(d)&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">26,009</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(f)&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">10,178</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Total assets</FONT></TD><TD STYLE="border-bottom: Black 2pt double"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">203,567</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2pt double; text-align: right; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">128,648</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2pt double; text-align: right; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">54,012</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2pt double; text-align: right; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">386,227</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">128,756</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt double; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">514,983</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt double"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>ALICO,&nbsp;INC. AND SUBSIDIARIES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNAUDITED PRO FORMA CONDENSED CONSOLIDATED
BALANCE SHEETS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>As of September&nbsp;30, 2014</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-align: center"><B>(dollars in thousands, except share
and per share amounts)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-align: center"></P>

<TABLE style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt" border=0 cellSpacing=0>



<TR vAlign=bottom>

   <TD align=center>&nbsp;</TD>

   <TD align=center>&nbsp;</TD>

   <TD COLSPAN="10" STYLE="border-bottom: Black 1pt solid; text-align: center">As Reported</TD>

   <TD align=center>&nbsp;</TD>

   <TD align=center>&nbsp;</TD>

   <TD align=center>&nbsp;</TD>

   <TD align=center>&nbsp;</TD>

   <TD align=center>&nbsp;</TD>

   <TD align=center>&nbsp;</TD>

   <TD align=center>&nbsp;</TD></TR>


<TR STYLE="vertical-align: bottom">
   <TD NOWRAP STYLE="text-align: center">&nbsp;</TD>
   <TD NOWRAP COLSPAN="2" STYLE="text-align: center">Alico, Inc.</TD>
   <TD NOWRAP STYLE="text-align: center">&nbsp;</TD>
   <TD NOWRAP COLSPAN="2" STYLE="text-align: center">Orange-Co, LP</TD>
   <TD NOWRAP STYLE="text-align: center">&nbsp;</TD>
   <TD NOWRAP COLSPAN="2" STYLE="text-align: center">734 Citrus</TD>
   <TD NOWRAP COLSPAN="2" STYLE="text-align: center">Total</TD>
   <TD NOWRAP STYLE="text-align: center">&nbsp;</TD>
   <TD NOWRAP STYLE="text-align: center">&nbsp;</TD>
   <TD COLSPAN="3" NOWRAP STYLE="text-align: center">Adjustments</TD>
   <TD COLSPAN="3" NOWRAP STYLE="text-align: center">Proforma</TD></TR>
<TR vAlign=bottom>

   <TD align=center><B>LIABILITIES &amp; STOCKHOLDERS&#8217; EQUITY</B>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B>Current liabilities:</B>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" bgColor=#b7dee8 align=left>Accounts payable and accrued liabilities&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>$</TD>

   <TD bgColor=#b7dee8 align=right>3,347</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>$&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>4,399&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>$&nbsp;</TD>

   <TD style="TEXT-INDENT: 6.119pt" bgColor=#b7dee8 align=left>641&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>$&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>8,387</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(c)&nbsp;</TD>

   <TD style="TEXT-INDENT: 1.8pt" bgColor=#b7dee8 align=left>$&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(1,865</TD>

   <TD bgColor=#b7dee8 align=left>)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>$</TD>

   <TD bgColor=#b7dee8 align=right>5,771</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(c)&nbsp;</TD>

   <TD style="TEXT-INDENT: 1.8pt" bgColor=#b7dee8 align=left>$&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(226</TD>

   <TD bgColor=#b7dee8 align=left>)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(a)&nbsp;</TD>

   <TD style="TEXT-INDENT: 1.8pt" bgColor=#b7dee8 align=left>$&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(1,009</TD>

   <TD bgColor=#b7dee8 align=left>)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(b)&nbsp;</TD>

   <TD style="TEXT-INDENT: 1.8pt" bgColor=#b7dee8 align=left>$&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>243</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(f)&nbsp;</TD>

   <TD style="TEXT-INDENT: 1.8pt" bgColor=#b7dee8 align=left>$&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>242</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=19>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" align=left>Long-term debt, current portion&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right>2,000</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=center>25,932&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=center>1,197&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>29,129</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(c)&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(25,933</TD>

   <TD align=left>)&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right>10,871</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(c)&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>7,125</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(d)&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>550</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=19>&nbsp;</TD></TR>

<TR>

   <TD colSpan=19>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" bgColor=#b7dee8 align=left>Income taxes payable&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>4,572</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>4,572</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(c)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(692</TD>

   <TD bgColor=#b7dee8 align=left>)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>3,196</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(e)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(684</TD>

   <TD bgColor=#b7dee8 align=left>)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=19>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-indent: 6.48pt; text-align: left">Dividend payable&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: right">442</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: center">-&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: center">-&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">442</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: right">442</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" bgColor=#b7dee8 align=left>Accrued ad valorem taxes&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>1,850</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>1,850</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>1,850</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-indent: 6.48pt; text-align: left">Due to Orange-Co, LP&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: center">-&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: center">-&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">(c)&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">3,750</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: right">3,750</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" bgColor=#b7dee8 align=left>Deferred income taxes&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>3,135&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>3,135</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(b)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>5,246</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>8,381</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" align=left>Other current liabilities&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">3,485</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: center">-&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: center">-&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">3,485</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD align=right>(a)&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(2,159</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">)&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">1,326</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13.08pt" align=left><B>Total current liabilities</B>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right>15,696</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=center>30,331&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=center>4,973&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>51,000</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(15,412</TD>

   <TD align=left>)&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right>35,588</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=19>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD bgColor=#b7dee8 align=left>Long-term debt, net of current portion&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>32,000</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>87,278&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>29,604&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>148,882</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(c)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(87,278</TD>

   <TD bgColor=#b7dee8 align=left>)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>242,794</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(c)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>170,240</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(d)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>10,450</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(f)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>500</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=19>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Due to Orange-Co, LP&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: center">-&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: center">-&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">(c)&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">3,750</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: right">3,750</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD bgColor=#b7dee8 align=left>Capital lease obligation, noncurrent&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>839</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>839</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>839</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Deferred gain on real estate sale&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: center">-&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: center">-&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">(b)&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">29,140</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: right">29,140</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD bgColor=#b7dee8 align=left>Deferred income taxes, net of current portion&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>5,739</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>3,021&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>8,760</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>8,760</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>Deferred retirement benefits, net of current portion&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">3,856</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: center">-&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: center">-&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">3,856</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">3,856</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-indent: 13.08pt; text-align: left"><B>Total liabilities</B>&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: right">58,130</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: center">117,609&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: center">37,598&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">213,337</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">111,389</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: right">324,726</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR>

   <TD colSpan=19>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD bgColor=#b7dee8 align=left>Commitments and contingencies&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=19>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B>Stockholders&#8217; equity:</B>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" bgColor=#b7dee8 align=left>Preferred stock, no par value. Authorized 1,000,000 shares; issued and&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" bgColor=#b7dee8 align=left>outstanding, none&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=19>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" align=left>Common stock, $1 par value; 15,000,000 shares authorized; 8,198,1113&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-indent: 6.48pt; text-align: left">shares issued and 8,128,347 outstanding at September 30, 2014&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: right">7,377</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: center">-&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: center">-&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">7,377</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">(d)&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">821</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="text-align: right">8,198</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR>

   <TD colSpan=19>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" bgColor=#b7dee8 align=left>Additional paid in capital&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>3,742</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>3,742</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(d)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>30,032</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>33,774</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=19>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" align=left>Treasury stock at cost, 15,766 shares held at September 30, 2014&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right>(650</TD>

   <TD align=left>)&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=center>-&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=center>-&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(650</TD>

   <TD align=left>)&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>-</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right>(650</TD>

   <TD align=left>)&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" bgColor=#b7dee8 align=left>Members' Equity&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>-&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=center>16,414&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>16,414</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(d)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(16,414</TD>

   <TD bgColor=#b7dee8 align=left>)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>4,194</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(f)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>4,194</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=19>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" align=left>Retained earnings&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right>134,968</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=center>11,039&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>146,007</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(b)&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>8,367</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right>140,712</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(c)&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(11,039</TD>

   <TD align=left>)&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(c)&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(1,128</TD>

   <TD align=left>)&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(e)&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(1,116</TD>

   <TD align=left>)&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">(c)&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(379</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">)&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13.08pt" align=left><B>Total Alico stockholders&#8217; equity</B>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>145,437</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=center>11,039&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=center>16,414&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>172,890</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>13,338</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>186,228</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=19>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.48pt" align=left>Noncontrolling interest&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: center">-&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: center">-&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD align=right>(f)&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">4,029</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">4,029</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13.08pt" align=left><B>Total liabilities and stockholders&#8217; equity</B>&nbsp;</TD>

   <TD STYLE="text-align: right; vertical-align: top">$</TD>

   <TD STYLE="border-bottom: #000000 3px double; text-align: right; vertical-align: top">203,567</TD>

   <TD STYLE="border-bottom: #000000 3px double; text-align: right; vertical-align: top">&nbsp;</TD>

   <TD STYLE="border-bottom: #000000 3px double; text-align: right; vertical-align: top">$&nbsp;</TD>

   <TD STYLE="border-bottom: #000000 3px double; text-align: right; vertical-align: top">128,648&nbsp;</TD>

   <TD STYLE="text-align: right; vertical-align: top">$</TD>

   <TD COLSPAN="2" STYLE="border-bottom: #000000 3px double; text-align: right; vertical-align: top">54,012&nbsp;</TD>

   <TD STYLE="border-bottom: #000000 3px double; text-align: right; vertical-align: top">$&nbsp;</TD>

   <TD STYLE="border-bottom: #000000 3px double; text-align: right; vertical-align: top">386,227</TD>

   <TD STYLE="border-bottom: #000000 3px double; text-align: right; vertical-align: top">&nbsp;</TD>

   <TD STYLE="text-align: right; vertical-align: top">&nbsp;</TD>

   <TD STYLE="border-bottom: #000000 3px double; text-indent: 1.8pt; text-align: right; vertical-align: top">$&nbsp;</TD>

   <TD STYLE="border-bottom: #000000 3px double; text-align: right; vertical-align: top">128,756</TD>

   <TD STYLE="border-bottom: #000000 3px double; text-align: right; vertical-align: top">&nbsp;</TD>

   <TD STYLE="text-align: right; vertical-align: top">$</TD>

   <TD STYLE="border-bottom: #000000 3px double; text-align: right; vertical-align: top">514,983</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 2pt 0 0; text-align: justify"><I>See accompanying notes to unaudited
pro forma condensed consolidated financial statements.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>ALICO,&nbsp;INC. AND SUBSIDIARIES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNAUDITED PRO FORMA CONDENSED CONSOLIDATED
STATEMENTS OF</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>COMPREHENSIVE INCOME</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Fiscal Year Ended September&nbsp;30, 2014</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>(in thousands, except per share amounts)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"></P>

<TABLE style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt" border=0 cellSpacing=0>



<TR vAlign=bottom>

   <TD STYLE="text-align: center">&nbsp;</TD>

   <TD COLSPAN="12" STYLE="border-bottom: Black 1pt solid; text-align: center">As Reported</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: center">&nbsp;</TD>

   <TD align=center>&nbsp;</TD>

   <TD align=center>&nbsp;</TD>

   <TD align=center>&nbsp;</TD>

   <TD align=center>&nbsp;</TD>

   <TD align=center>&nbsp;</TD>

   <TD align=center>&nbsp;</TD></TR>


<TR STYLE="vertical-align: bottom">
   <TD NOWRAP STYLE="text-align: center">&nbsp;</TD>
   <TD NOWRAP COLSPAN="2" STYLE="text-align: center">Alico, Inc.</TD>
   <TD NOWRAP STYLE="text-align: center">&nbsp;</TD>
   <TD NOWRAP COLSPAN="2" STYLE="text-align: center">Orange-Co, LP</TD>
   <TD NOWRAP STYLE="text-align: center">&nbsp;</TD>
   <TD NOWRAP COLSPAN="2" STYLE="text-align: center">734 Citrus</TD>
    <TD NOWRAP>&nbsp;</TD>
   <TD NOWRAP COLSPAN="3" STYLE="text-align: center">Total</TD>
   <TD NOWRAP STYLE="text-align: center">&nbsp;</TD>
   <TD COLSPAN="3" NOWRAP STYLE="text-align: center">Adjustments</TD>
   <TD COLSPAN="3" NOWRAP STYLE="text-align: center">Proforma</TD></TR>
<TR vAlign=bottom>

   <TD STYLE="text-align: left"><B>Operating revenues:</B>&nbsp;</TD>

   <TD STYLE="text-align: left"><I>&nbsp;</I></TD>

   <TD STYLE="text-align: left"><I>&nbsp;</I></TD>

   <TD STYLE="text-align: left"><I>&nbsp;</I></TD>

   <TD STYLE="text-align: left"><I>&nbsp;</I></TD>

   <TD STYLE="text-align: left"><I>&nbsp;</I></TD>

   <TD STYLE="text-align: left"><I>&nbsp;</I></TD>

   <TD STYLE="text-align: left"><I>&nbsp;</I></TD>

   <TD STYLE="text-align: left"><I>&nbsp;</I></TD>

   <TD STYLE="text-align: left"><I>&nbsp;</I></TD>

   <TD STYLE="text-align: left"><I>&nbsp;</I></TD>

   <TD STYLE="text-align: left"><I>&nbsp;</I></TD>

   <TD STYLE="text-align: left"><I>&nbsp;</I></TD>

   <TD STYLE="text-align: left"><I>&nbsp;</I></TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="background-color: #b7dee8; text-align: left">Citrus Groves&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>$&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>47,069</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>$&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>71,925</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>$&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>15,617</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>$</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>134,611</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>$&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.36pt" bgColor=#b7dee8 align=left>$&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>134,611</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Agricultural Supply Chain Management&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">12,376</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">12,376</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">12,376</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="background-color: #b7dee8; text-align: left">Improved Farmland&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">20,429</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">20,429</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">(g)&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">(20,129</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">)&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">300</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Ranch and Conservation&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">8,172</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">8,172</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">8,172</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="background-color: #b7dee8; text-align: left">Other Operations&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">634</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">634</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">634</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Total operating revenue&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">88,681</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">71,925</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">15,617</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">176,223</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(20,129</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">)&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">156,094</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>

<TR>

   <TD colSpan=20>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><B>Operating expenses:</B>&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="background-color: #b7dee8; text-align: left">Citrus Groves&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">30,213</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">42,782</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">12,740</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">85,735</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">85,735</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Agricultural Supply Chain Management&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">12,317</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">12,317</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">12,317</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="background-color: #b7dee8; text-align: left">Improved Farmland&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">21,356</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">21,356</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">(h)&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">(22,065</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">)&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: right">(709</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">)&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Ranch and Conservation&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">4,330</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">4,330</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">-</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">4,330</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="background-color: #b7dee8; text-align: left">Other Operations&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">374</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">374</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">374</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Total operating expenses&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>68,591</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>42,782</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>12,740</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>124,113</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>(22,065</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>)&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>102,048</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=20>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="background-color: #b7dee8; text-align: left">Gross profit&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>20,090</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>29,143</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>2,877</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>52,110</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>1,936</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>54,046</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Corporate general and administrative&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>12,234</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>3,854</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>1,540</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>17,628</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>-</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>17,628</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=20>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="background-color: #b7dee8; text-align: left">Income from operations&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>7,856</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>25,289</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>1,337</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>34,482</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>1,936</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>36,418</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=20>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><B>Other (expense) income:</B>&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="background-color: #b7dee8; text-align: left">Interest and investment income, net&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>131</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>131</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>131</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Interest expense&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>(969</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>)&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>(4,309</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>)&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>(1,634</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>)&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>(6,912</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>)&nbsp;</TD>

   <TD STYLE="text-align: right">(i)&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>(2,938</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>)&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>(9,850</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>)&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="background-color: #b7dee8; text-align: left">Gain on sale of real estate&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>4,820</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>-</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>4,820</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>(b)&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>13,613</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>18,433</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Other income (loss), net&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>(55</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>)&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>-</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>6,157</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>6,102</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD align=right>(j)&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>(6,000</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>)&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>102</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Total other income, net&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>3,927</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>(4,309</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>)&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>4,523</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>4,141</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>4,675</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>8,816</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=20>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="background-color: #b7dee8; text-align: left">Income before income taxes&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>11,783</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>20,980</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>5,860</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>38,623</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>6,611</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD>

   <TD bgColor=#b7dee8 align=right>45,235</TD>

   <TD bgColor=#b7dee8 align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Income taxes&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>3,733</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>-</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>6,156</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>9,889</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD align=right>(l)&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>6,555</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>16,444</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=20>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><B>Net income attributable to common shareholders</B>&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">8,050</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">20,980</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">(296</TD>

   <TD STYLE="text-align: left">)&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">28,734</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">56</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-align: right">28,790</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR>

   <TD colSpan=20>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="background-color: #b7dee8; text-align: left">Comprehensive income, net of tax effect&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: center">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: center">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: right">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: center">-</TD>

   <TD STYLE="border-bottom: Black 1pt solid; background-color: #b7dee8; text-align: left">&nbsp;</TD></TR>

<TR>

   <TD colSpan=20>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><B>Comprehensive income attributable to common shareholders</B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>$&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>8,050</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>$&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>20,980</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>$&nbsp;</TD>

   <TD ALIGN="RIGHT" STYLE="border-bottom: #000000 3px double">(296</TD>
   <TD COLSPAN="2" STYLE="text-align: left; border-bottom: #000000 3px double; vertical-align: bottom">)</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left> $&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>28,734</TD>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>$&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>56</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>$&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>28,790</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=20>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><B>Weighted-average number of shares outstanding:</B>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Basic&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>7,336</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>-</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>-</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>7,336</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>821</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>8,157</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Diluted&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>7,354</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>-</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>-</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>7,354</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>821</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>8,175</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><B>Earnings per common share:</B>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Basic&nbsp;</TD>

   <TD align=left>$&nbsp;</TD>

   <TD align=right>1.10</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>$&nbsp;</TD>

   <TD align=right>-</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>$&nbsp;</TD>

   <TD align=right>-</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>$</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>3.92</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>$&nbsp;</TD>

   <TD align=right>(0.39</TD>

   <TD align=left>)&nbsp;</TD>

   <TD align=left>$&nbsp;</TD>

   <TD align=right>3.53</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Diluted&nbsp;</TD>

   <TD align=left>$&nbsp;</TD>

   <TD align=right>1.09</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>$&nbsp;</TD>

   <TD align=right>-</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>$&nbsp;</TD>

   <TD align=right>-</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>$</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>3.91</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>$&nbsp;</TD>

   <TD align=right>(0.39</TD>

   <TD align=left>)&nbsp;</TD>

   <TD align=left>$&nbsp;</TD>

   <TD align=right>3.52</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=20>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Cash dividends declared per common share&nbsp;</TD>

   <TD align=left>$&nbsp;</TD>

   <TD align=right>0.24</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>$&nbsp;</TD>

   <TD align=right>-</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>$&nbsp;</TD>

   <TD align=right>-</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>$</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>0.24</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>$&nbsp;</TD>

   <TD align=right>-</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>$&nbsp;</TD>

   <TD align=right>0.24</TD>

   <TD align=left>&nbsp;</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><I>See accompanying notes to unaudited
pro forma condensed consolidated financial statements.</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>NOTES TO THE UNAUDITED PRO FORMA CONDENSED
CONSOLIDATED</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: center"><B>FINANCIAL STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify"><B><I><U>Note&nbsp;A&mdash;Orange&#45;Co
Acquisition</U></I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">On December&nbsp;2,
2014, Alico completed the acquisition of certain citrus and related assets of Orange&#45;Co pursuant to an Asset Purchase Agreement,
which we refer to as the Orange&#45;Co Purchase Agreement, dated as of December&nbsp;1, 2014. The assets Alico purchased include
approximately 20,263 acres of citrus groves in DeSoto and Charlotte Counties, Florida, which comprise one of the largest contiguous
citrus grove properties in the state of Florida. The purchase price was approximately $282,000,000 including: (1)&nbsp;$147,500,000
in initial cash consideration, subject to adjustment as set forth in the Orange&#45;Co Purchase Agreement; (2)&nbsp;up to $7,500,000
in additional cash consideration to be released from escrow in equal parts, subject to certain limitations, on December&nbsp;1,
2015 and June&nbsp;1, 2016; (3)&nbsp;the refinancing of Orange&#45;Co&rsquo;s outstanding debt including approximately $91,200,000
in term debt and a working capital facility of approximately $27,800,000 and (4)&nbsp;the assumption of certain other liabilities.
On December&nbsp;1, 2014, Alico deposited an irrevocable standby letter of credit issued by Rabo Agrifinance,&nbsp;Inc., or Rabo,
in the aggregate amount of $7,500,000 into an escrow account to fund the additional cash consideration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Alico concurrently
entered into arrangements to finance the Orange&#45;Co Acquisition as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><B><I>Metlife Credit
Agreement</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Alico entered into
a First Amended and Restated Credit Agreement with Metropolitan Life Insurance Company and New England Life Insurance Company under
which they provided term loans in the aggregate principal amount of $182,500,000 and $25,000,000 in revolving credit commitments.
The term loans are subject to 5% annual principal amortization while the revolving credit commitment is interest only until maturity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Metlife Agreement
amends and restates existing credit facilities, dated as of September&nbsp;8, 2010 (as amended from time to time) between Alico
and Rabo. Under this prior credit agreement, Alico had a term loan in the initial principal amount of $40,000,000, of which $33,500,000
was outstanding at the date of refinancing and $60,000,000 in undrawn revolving credit commitments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><B><I>Rabo
Credit Agreement</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Alico entered into
a Credit Agreement with Rabo which provided a $70,000,000 revolving working capital line of credit for Alico, of which approximately
$28,365,000 was drawn at the closing date. This facility is interest only until maturity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify"><B><I><U>Note&nbsp;B&mdash;Disposition
of Sugarcane Land in Hendry County, Florida</U></I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">On November&nbsp;21,
2014, Alico completed the sale of approximately 36,000 acres of land used for sugarcane production and land leasing in Hendry County,
Florida to Global Ag Properties,&nbsp;LLC, which we refer to as Global Ag Properties, for approximately $97,900,000 in cash.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">Proceeds from the
Sugarcane Disposition were deposited with a Qualified Intermediary in anticipation of a potential tax deferred like kind exchange
pursuant to Internal Revenue Code Section&nbsp;1031 (See Note&nbsp;A&mdash;Orange&#45;Co Acquisition).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">On May&nbsp;19, 2014,
Alico entered into a triple net Agricultural Lease, or the USSC Lease, to lease approximately 30,600 acres of the subject property
to United States Sugar Corporation, or USSC. At the time it entered into the USSC Lease, Alico received a one&#45;time reimbursement
for costs incurred to plant sugarcane, sugarcane growing costs and for the sale of certain rolling stock used in the sugarcane
operation of approximately $11,000,000, which was $2,300,000 less than the net book value. The USSC Lease was assigned to Global
Ag Properties in conjunction with the Sugarcane Disposition. The annual base rent payable by USSC under the lease is $3,548,485
and is due and payable on or before the first day of each lease year. USSC is obligated to pay additional rent per acre annually
if the year&#45;end average net selling price of sugar is greater than or equal to $28 per hundred weight. This effectively increases
the rent in the event sugar prices rise during the term of the lease. Certain other recreational and grazing leases were also assigned
to Global Ag Properties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">The sales price is
subject to post&#45;closing adjustments over a ten (10)&#45;year period. In the first two (2)&nbsp;years of the lease, Global Ag
Properties is entitled to a return equal to the purchase price multiplied by 5%. If rental payments received under current leases
on the subject property exceed these amounts, Alico will receive a payment from Global Ag Properties for the excess. Conversely,
if rental payments received under current leases on the subject property are less than these amounts, Alico will pay Global Ag
Properties for the shortfall.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">During years three
(3)&nbsp;through ten (10), Global Ag Properties will receive annual payments equal to the greater of (i)&nbsp;the purchase price
multiplied by 5% or (ii)&nbsp;the most recent fair market value of the subject property multiplied by 5%, subject to a ceiling
on the annual increase of 6% annualized over years one (1)&nbsp;through ten (10). If rental payments received under current leases
on the subject property exceed these amounts, Alico will receive a payment from Global Ag Properties for the excess. Conversely,
if rental payments received under current leases on the subject property are less than these amounts, Alico will pay Global Ag
Properties for the shortfall.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">Alico
realized a gain of approximately $42,753,000 on the sale. However, approximately $29,140,000 of the gain has been deferred
due to Alico&rsquo;s continuing involvement in the subject property pursuant to a post&#45;closing agreement and the
potential adjustments described above. The deferral represents Alico&rsquo;s estimate of the maximum exposure to loss as a
result of the continuing involvement. A net gain of approximately $13,613,000 was recognized in the unaudited pro forma
condensed consolidated financial statements as of and for the fiscal year ended September&nbsp;30, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B><I><U>Note&nbsp;C&mdash;Silver Nip
Merger Agreement</U></I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">On December&nbsp;2,
2014, Alico entered into the Merger Agreement with 734 Sub,&nbsp;LLC, a wholly owned subsidiary of Alico, Silver Nip Citrus and,
solely with respect to certain sections thereof, the equity holders of Silver Nip Citrus. The Merger Agreement provides that, upon
the terms and subject to the conditions set forth therein, Merger Sub will merge with and into Silver Nip Citrus, with Silver Nip
Citrus surviving as a wholly owned subsidiary of Alico. Subject to the terms and conditions set forth in the Merger Agreement,
Alico will issue shares of Alico common stock to the equity holders of Silver Nip Citrus as follows:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">At the closing of the Merger, Alico will issue to the Silver Nip Citrus equityholders up to 1,463,544
shares of Alico common stock, subject to adjustments set forth in the Merger Agreement for Silver Nip Citrus&rsquo; net indebtedness
at the closing of the Merger, amounts related to groves specified in the Merger Agreement (also referred to as the TRB Groves)
and certain Silver Nip Citrus transaction expenses.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Thirty (30)&nbsp;days following the conclusion of Silver Nip Citrus&rsquo; 2014&#45;2015 citrus
harvest season, Alico will also issue to the Silver Nip Citrus equityholders additional shares of Alico common stock based on the
proceeds (net of harvesting costs) received by Alico from the sale of citrus fruit harvested on Silver Nip Citrus groves (excluding
the TRB Groves) after the closing of the Merger.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The value
assigned to the shares issued in connection with the Merger will be based on the closing price of the Alico common stock on
the date the Merger closes. The value assigned to shares issued in connection with the Merger in the accompanying unaudited
pro forma condensed consolidated financial statements was based on a $37.58 per share price of the Alico common stock consistent with the value
assigned to such shares in the Merger Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B><I><U>Note&nbsp;D&mdash;Pro Forma
Adjustments (dollars in thousands)</U></I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The following is
a summary of the pro forma adjustments reflected in the unaudited pro forma condensed consolidated financial statements based on
preliminary estimates, which may change as additional information is obtained:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(a)&mdash;Unearned Rent and Real Estate
Tax Payments to Global Ag Properties</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Reflects adjustments
to pay Global Ag Properties the unearned portion of prepaid rent received from USSC and to pay the 2014 real estate taxes for the
subject property.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(b)&mdash;Sugarcane Disposition</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The following adjustments
were made to record the Sugarcane Disposition as of September&nbsp;30, 2014.</P>

<TABLE BORDER="0" CELLSPACING="0" ALIGN="CENTER" STYLE="width: 95%; font: 10pt Times New Roman">



<TR vAlign=bottom>

   <TD STYLE="text-align: left">Sales price&nbsp;</TD>

   <TD STYLE="text-align: left">$&nbsp;</TD>

   <TD STYLE="text-align: right">97,914</TD>

   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>Closing costs&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(788</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">)&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 5.639pt" align=left>Restricted cash&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>97,126</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>Basis of Property&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>(54,130</TD>

   <TD align=left>)&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>Accrued legal and accounting&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(243</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">)&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=center>Total gain&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>42,753</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>Deferred gain&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>(29,140</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>)&nbsp;</TD></TR>

<TR>

   <TD colSpan=4>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>Recognized gain on sale of real estate&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>$&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>13,613</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=4>&nbsp;</TD></TR>

<TR>

   <TD colSpan=4>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>Recognized gain on sale of real estate&nbsp;</TD>

   <TD align=left>$&nbsp;</TD>

   <TD align=right>13,613</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>Estimated income taxes&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(5,173</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">)&nbsp;</TD></TR>

<TR>

   <TD colSpan=4>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>Change in retained earnings&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>$&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>8,440</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=left>&nbsp;</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">(c)&mdash;Orange&#45;Co Acquisition</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Reflects the purchase
of Orange&#45;Co assets and adjustments for assets retained by Orange&#45;Co and liability and equity accounts extinguished as
a result of the Orange&#45;Co Acquisition. The adjustment is summarized in the following tables.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 89%; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Asset adjustments:</TD>
    <TD STYLE="vertical-align: bottom; width: 11%; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Cash paid outside closing for legal and debt issuance costs&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$(470)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Restricted cash retained by Orange&#45;Co&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(185)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Utilization of restricted cash in 1031 exchange&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(97,126)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Write off Orange&#45;Co&rsquo;s existing deferred loan costs, net&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(712)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Deferred loan costs on new debt&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">2,834</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Write off loan costs on Alico&rsquo;s extinguished debt&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(379)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Property, buildings and equipment basis adjustment&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">152,361</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$56,324</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Liability and Equity Adjustments:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Accrued real estate taxes paid at closing&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$(1,865)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Retire Orange&#45;Co&rsquo;s long&#45;term debt, current portion&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(25,933)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">New long&#45;term debt, current portion&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">7,125</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Accrued interest paid at closing&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(226)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Income tax benefit from refinacing expenses&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(692)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Additional consideration due to Orange&#45;Co, current portion&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">3,750</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Additional consideration due to Orange&#45;Co, net of current portion&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">3,750</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Retire Orange&#45;Co&rsquo;s long&#45;term debt, net of current portion&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(87,278)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">New long&#45;term debt, net of current portion&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">170,240</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Eliminate Orange&#45;Co&rsquo;s retained earnings&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(11,039)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Refinancing expenses, net of tax&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(1,128)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Write off loan costs on Alico&rsquo;s extinguished debt&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(379)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$56,324</P></TD></TR>
</TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">(d)&mdash;Silver Nip Citrus Merger</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Adjustments related
to the Silver Nip Citrus merger are summarized in the table below and include adjustments related to Silver Nip Citrus&rsquo; post
balance sheet acquisition of a citrus grove known as TRB Grove, or TRB.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The pro forma adjustments
were based on Silver Nip Citrus&rsquo;s balance sheet for its fiscal year ended June&nbsp;30, 2014, which includes approximately
$44.8&nbsp;million of net indebtedness, the subsequent acquisition of the TRB Groves for approximately $17.7&nbsp;million, and,
accordingly the issuance of approximately 821,000&nbsp;shares of Alico common stock.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 89%; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Asset adjustments:</TD>
    <TD STYLE="vertical-align: bottom; width: 11%; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">TRB inventories&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$2,263</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Assets held for sale disposed subsequent to balance sheet date&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(2,832)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Property, buildings and equipment basis adjustment including TRB&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">26,009</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$25,439</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Liability and Equity Adjustments:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">TRB long&#45;term debt, current portion&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$550</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">TRB long&#45;term debt, net of current portion&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">10,450</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Par value of merger shares&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">821</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Additional paid in capital related to merger shares&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">30,032</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Eliminate Silver Nip Citrus members&rsquo; equity&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(16,414)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$25,439</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">(e)&mdash;Represents professional fees
related to the transactions, net of related taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(f)&mdash;Adjustments to record the 51% interest
in Citree Holdings 1, LLC, referred to as Citree, acquired as part of the Orange-Co Acquisition. Accordingly, Alico recorded noncontrolling
interest in the equity of such entity. Citree did not have any income or loss for the year ended September 30, 2014, and therefore
there is no allocation of income or loss to the noncontrolling interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(g)&mdash;Farmland Revenue Adjustments
Due to Sugarcane Disposition</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Adjustments reflect
elimination of sugarcane farming revenues and assignment of USSC and other leases as shown in the following table.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 90%; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Elimination of sugarcane revenue&#9;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$(18,245)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Assignment of USSC and other leases to Global Ag Properties&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(1,884)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$(20,129)</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">(h)&mdash;Farmland Operating Expense Adjustments
Due to Sugarcane Disposition</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Adjustments reflect
elimination of sugarcane costs of sale, sugarcane harvest and hauling expenses, assignment of USSC and other leases, loss on disposition
of certain assets in connection with the USSC Lease and estimated negative post&#45;closing adjustments. The following table summarizes
these adjustments for the fiscal year ended September&nbsp;30, 2014.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 90%; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Elimination of sugarcane costs of sale&#9;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$(14,368)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Elimination of sugarcane harvest and hauling expenses&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(3,759)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Assignment of USSC and other leases to Global Ag Properties&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(578)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Loss on disposition of sugarcane assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(2,300)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Post&#45;closing adjustments&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(1,059)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$(22,065)</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">The actual sugarcane
market price of $29.54 per hundred weight was used to estimate the post&#45;closing adjustment for the fiscal year ended September&nbsp;30,
2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(i)&mdash;Reflects estimated additional
interest expense on incremental debt incurred in pro forma transactions at a weighted average interest rate of approximately 4%.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(j)&mdash;Silver Nip Citrus Non&#45;Recurring
Income from Settlement of Contingent Consideration Arrangement</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">This adjustment
eliminates $6,000,000 in non&#45;recurring income from Silver Nip Citrus&rsquo;s settlement of a contingent consideration arrangement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(k)&mdash;Additional Depreciation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Recording property,
buildings and equipment, including citrus trees, at fair market value will result in additional annual depreciation which will
be capitalized to inventory and will increase annual cost of sales beginning in the fiscal year ending on September&nbsp;30, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(l)&mdash;Income Taxes</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Proceeds of
the Sugarcane Disposition were reinvested into the Orange&#45;Co Acquisition in a tax deferred like kind exchange transaction
pursuant to Internal Revenue Code Section&nbsp;1031, so income taxes related to the gain have not been reported in the
unaudited pro forma condensed consolidated financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The estimated
income tax effect of all adjustments has been computed and included in the Unaudited Pro Forma Condensed Consolidated
Statements of Comprehensive Income utilizing Alico&rsquo;s effective tax rate for the fiscal year ended September&nbsp;30,
2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>e62805ex99-2.htm
<DESCRIPTION>CONSOLIDATED FINANCIAL STATEMENTS
<TEXT>
<HTML>
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     <TITLE></TITLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: right"><B>Exhibit 99.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>and Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Financial Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>For the Three Months Ended September&nbsp;30,
2014 and 2013</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;Inc. and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Table of Contents</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 90%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Page</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Consolidated Financial Statements</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Consolidated Balance Sheets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1&nbsp;&ndash;&nbsp;2</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Consolidated Statements of Operations&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">3</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Consolidated Statements of Changes in Members&rsquo; Equity&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">4</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Consolidated Statements of Cash Flows&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Notes to the Consolidated Financial Statements&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">6&nbsp;&ndash;&nbsp;13</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Balance Sheets</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 20%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>September&nbsp;30,
        2014<BR>
        (Unaudited)</B></P></TD>
    <TD STYLE="width: 14%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">June&nbsp;30,
        2014</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Assets</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Current assets:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Cash and cash equivalents (Note&nbsp;2)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$351,370</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$241,429</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Accounts receivable (Notes&nbsp;2 and 15)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>4,274,397</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">4,594,099</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Other receivables&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>2,188</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">283,119</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Inventories (Note&nbsp;2)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Unharvested citrus crops&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>8,893,338</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5,197,483</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Other&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>327,958</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">342,564</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Prepaid expenses and other assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>194,275</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">148,840</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Land held for sale (Note&nbsp;2)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">2,832,159</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total current assets</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>14,043,526</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">13,639,693</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Property and equipment, net (Notes&nbsp;2 and 6)</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>55,178,214</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">39,400,826</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Other assets:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Deferred loan costs, net (Note&nbsp;7)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>482,024</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">380,920</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Investment in agricultural cooperatives (Notes&nbsp;2 and 8)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>333,826</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">333,826</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Other&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>7,765</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">257,239</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total other assets</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>823,615</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">971,985</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>&nbsp;</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 2.5pt double"><B>$70,045,355</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 2.5pt double">$54,012,504</P></TD></TR>

</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Balance Sheets</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 65%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 20%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>September&nbsp;30,
        2014<BR>
        (Unaudited)</B></P></TD>
    <TD STYLE="width: 15%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">June&nbsp;30,
        2014</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Liabilities and Members&rsquo; Equity</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Current liabilities:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Current maturities of term debt (Note&nbsp;10)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$1,581,111</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$1,196,111</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Current maturity of capital lease obligation (Notes&nbsp;10 and 12)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,763</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Current deferred tax liability (Note&nbsp;11)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>4,166,723</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">3,134,983</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Accounts payable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>542,158</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">323,545</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Accrued expenses&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>452,796</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">316,902</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total current liabilities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>6,742,788</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">4,973,304</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Long&#45;term liabilities:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Note payable (Note&nbsp;9)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>6,000,000</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">3,159,620</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Term debt, net of current maturities (Note&nbsp;10)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>36,769,167</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">26,444,167</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Long&#45;term deferred tax liability (Note&nbsp;1)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>2,873,789</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">3,021,322</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total long&#45;term liabilities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>45,642,956</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">32,625,109</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total liabilities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>52,385,744</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">37,598,413</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Commitments and contingencies (Note&nbsp;16)</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Members&rsquo; equity</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>17,659,611</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">16,414,091</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$70,045,355</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$54,012,504</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><I>See notes to consolidated financial
statements.</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Statements of Operations</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 70%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><B><I>Three Months Ended
        September&nbsp;30,</I></B></P></TD>
    <TD STYLE="width: 15%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014<BR>
        (Unaudited)</B></P></TD>
    <TD STYLE="width: 15%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">2013<BR>
        (Unaudited)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Operating revenues (Note&nbsp;2):</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Fruit and other revenues&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>$19,938</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">$26,403</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Operating expenses:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Growing, caretaking and other direct costs&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>1,442</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">34,212</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Harvesting costs&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>66,757</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">163,553</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total operating expenses</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>68,199</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">197,765</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Gross loss</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(48,261)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(171,362)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>General and administrative:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">General and administrative (Note&nbsp;14)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>474,580</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">352,949</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Depreciation (Notes&nbsp;2 and 6)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>8,069</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">3,413</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total general and administrative</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>482,649</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">356,362</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Loss from operations</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(530,910)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(527,724)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Other income (expense):</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Interest (Notes&nbsp;9 and 10)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(442,732)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(400,349)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Gain (loss) on sale of assets (Note&nbsp;6)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>2,926,553</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(2,360)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Other income&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>3,151</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">9,173</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total other income (expense), net</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>2,486,972</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(393,536)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Income (loss) before provision for income taxes</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>1,956,062</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(921,260)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Provision for income taxes (Note&nbsp;11)</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(884,207)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt"><B>Net income (loss)</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$1,071,855</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$(921,260)</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><I>See notes to consolidated financial
statements.</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Statements of Changes
in Members&rsquo; Equity</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 83%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 17%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Members&rsquo;
        Equity</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Balance,</B> June&nbsp;30, 2014&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">$16,414,091</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Equity&#45;based compensation (Note&nbsp;14)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">173,665</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Net income&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">1,071,855</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt"><B>Balance,</B> September&nbsp;30, 2014 (Unaudited)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$17,659,611</B></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><I>See notes to consolidated financial
statements.</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Statements of Cash Flow</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><B><I>Three Months Ended
        September&nbsp;30,</I></B></P></TD>
    <TD STYLE="width: 17%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014<BR>
        (Unaudited)</B></P></TD>
    <TD STYLE="width: 17%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">2013<BR>
        (Unaudited)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Cash flows from operating activities:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Net income (loss)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$1,071,855</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$(921,260)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Adjustments to reconcile net income (loss) to net cash used in operating activities:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Depreciation and amortization&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>528,430</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">464,339</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Equity based compensation&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>173,665</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">173,665</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Gain on sale of fixed assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(2,926,553)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Deferred income taxes&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>884,207</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Changes in assets and liabilities</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Accounts receivable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>319,702</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">488,497</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Other receivables&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>280,931</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">72,638</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Inventories&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(3,681,249)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(2,391,576)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Prepaid expenses and other asset&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(45,435)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">72,951</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Other assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(526)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Accounts payable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>218,613</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">132,203</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt">Accrued expenses&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>135,894</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(40,852)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Net cash used in operating activities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(3,040,466)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(1,949,395)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Cash flows from investing activities:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Proceeds from sale of land held for sale&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>5,758,712</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Purchases of property and equipment, net&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(5,046,936)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(41,954)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Increase in restricted cash&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">2,599,810</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Restricted proceeds from land sales held in escrow&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(2,599,984)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Net cash provided by (used in) investing activities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>711,776</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(42,128)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Cash flows from financing activities:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Net proceeds (payments) on revolving note payable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>2,840,380</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(71,000)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Payments on term debt&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(290,000)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(290,000)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Payments on capital lease obligation&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(1,763)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(4,864)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Payment of loan costs&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(109,986)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Net cash provided by (used in) financing activities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>2,438,631</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(365,864)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Net increase (decrease) in cash and cash equivalents</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>109,941</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(2,357,387)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Cash and cash equivalents,</B> beginning of period&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>241,429</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">2,655,104</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt"><B>Cash and cash equivalents,</B> end of period&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$351,370</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$297,717</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><I>See notes to consolidated financial
statements.</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Notes to the Consolidated Financial
Statements</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>1.</B></TD><TD STYLE="text-align: justify"><B>Nature of Operations</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">734 Citrus Holdings,&nbsp;LLC,
organized on October&nbsp;19, 2012 and wholly owned subsidiaries, 734 Harvest,&nbsp;LLC, 734 Co&#45;op Groves,&nbsp;LLC, 734 LMC
Groves,&nbsp;LLC, and 734 BLP Groves,&nbsp;LLC (herein referred to as the &ldquo;Company&rdquo;) are limited liability companies
organized under the laws of the State of Florida. There is a single class of membership with each member having limited liability.
The Company owns citrus groves located in Central and South Florida. The Company harvests fruit and provides grove caretaking services
to several growers.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>2.</B></TD><TD STYLE="text-align: justify"><B>Summary of Significant Accounting Policies</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Principles
of Consolidation</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The accompanying
financial statements have been prepared on a consolidated basis to include the accounts of 734 Citrus Holdings,&nbsp;LLC and all
entities the Company controls. All significant intercompany accounts and transactions have been eliminated in consolidation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Use
of Estimates</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The preparation
of financial statements in conformity with accounting principles generally accepted in the United States of America requires management
to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent
assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting
period. Actual results could differ from those estimates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Cash
and Cash Equivalents</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company considers
all highly liquid instruments with an original maturity of three months or less to be cash equivalents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Concentration
of Credit Risk</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company maintains
its cash and cash equivalents in financial institutions in the States of Florida and New York and, at times, balances may exceed
Federal Deposit Insurance Corporation (FDIC) limits. All of the non&#45;interest bearing cash balances are insured up to $250,000
per depositor at each financial institution, and at September&nbsp;30, 2014 and June&nbsp;30, 2014, the Company had approximately
$120,000 and $235,000 respectively, in excess of FDIC insured limits with the financial institutions. The Company has not experienced
any losses on these accounts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company markets
citrus fruit and extends credit to processors in Central Florida under different arrangements including negotiated price and participation
agreements. The Company extends credit to grove caretaking customers in Central and South Florida under various terms on an unsecured
basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Revenue
Recognition</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Revenue from citrus
crops is recognized at the time the crop is harvested and delivered to the customer. Receivables from crops sold are recorded for
the estimated proceeds to be received from the customer. Differences between the estimates and the final realization of revenues
can be significant, and the differences between estimated and final results can be either positive or negative. During the periods
presented in these financial statements, no material adjustments were made to the reported revenues from the sale of citrus crops.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Caretaking and harvesting
revenues of approximately $20,000 and $19,000 for the three months ended September&nbsp;30, 2014 and 2013, respectively, which
are included in fruit and other revenues in the statements of operations, are recognized as the services are provided. Caretaking
revenues are primarily from citrus groves owned individually by related parties of the members.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Accounts
Receivable</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Accounts receivable
are customer obligations resulting from the sale of citrus fruit and grove caretaking services. The Company provides for an allowance
for doubtful accounts which is estimated based on the Company&rsquo;s historical losses, existing economic conditions within the
industry and the financial stability of its customers. Management believes no allowance for doubtful accounts is necessary at September&nbsp;30,
2014 and June&nbsp;30, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Inventories</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The costs of growing
crops include production costs and certain allocable indirect costs that are capitalized into inventory until the time of harvest.
Such costs are expensed when the crops are harvested and are recorded in growing, caretaking, and other direct costs in the statements
of operations. Inventories are stated at the lower of cost or net realizable value. The cost for unharvested citrus crops is based
on accumulated production costs incurred during the period from January&nbsp;1 through the balance sheet date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Other inventories
consist of fuel, spray oil, and palm trees and are valued at the lower of cost or market.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Land
Held for Sale</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company classifies
land as held for sale in the period in which all of the following criteria are met: a)&nbsp;management with the appropriate authority
commits to a plan to sell the asset, b)&nbsp;the asset is available for immediate sale in its present condition subject only to
terms that are usual and customary for sales of such assets, c)&nbsp;an active program to locate a buyer and other actions required
to complete the plan of sale have been initiated, d)&nbsp;the sale of the property or asset within one year is probable and will
qualify for accounting purposes as a sale, e)&nbsp;the asset is being actively marketed for sale at a price that is reasonable
in relation to its current fair value, and f)&nbsp;actions required to complete the plan of sale indicate that it is unlikely that
significant changes to the plan will be made or that the plan will be withdrawn.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Property
and Equipment</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Property and equipment
are stated at cost. Depreciation is computed using the straight&#45;line method over the following estimated useful lives:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Years</B></P></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Office equipment and furniture&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5&#45;7</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Equipment, irrigation and vehicles&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">7&#45;15</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Buildings and improvements&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">10&#45;20</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Citrus trees&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">20</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">Costs of planting and developing citrus
groves are capitalized until the groves become commercially productive, at which time the Company ceases capitalization of costs
and commences depreciation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Impairment
of Long&#45;Lived Assets</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Long&#45;lived assets
are evaluated for impairment when events or circumstances indicate that the carrying amounts of the assets may not be recoverable.
When any such impairment exists, the related assets will be written down to fair value. No impairment losses were recognized by
the Company for the three months ended September&nbsp;30, 2014 and 2013, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Investments
in Agricultural Cooperatives</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company has
various investments in agricultural cooperatives which include per unit retains under base capital or revolving capital plans,
patronage refunds and other allocated equities. Investments in agricultural cooperatives are not marketable, therefore, these investments
are recorded at cost.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company evaluates,
at least annually, whether events or circumstances have occurred that may have a significant adverse effect on the fair value of
these investments. No impairment losses on these investments were recognized by the Company for the three months ended September&nbsp;30,
2014 and 2013, respectively.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Income
Taxes</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">The Company has elected
to be treated as a Corporation for federal income tax purposes beginning October&nbsp;1, 2013. Consequently, federal income taxes
were not payable by the Company up to September&nbsp;30, 2013. Members were taxed individually on their share of the Company&rsquo;s
earnings. Therefore, no provision or liability for federal income taxes has been included in the financial statements as of September&nbsp;30,
2013.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">The Company identifies
and evaluates uncertain tax positions, if any, and recognizes the impact of uncertain tax positions for which there is less than
more&#45;likely&#45;than&#45;not probability of the position being upheld when reviewed by the relevant taxing authority. Such
positions are deemed to be unrecognized tax benefits and a corresponding liability is established on the balance sheet. The Company
has not recognized a liability for uncertain tax positions. If there were an unrecognized tax benefit, the Company would recognize
interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Company&rsquo;s
open tax years subject to examination by the Internal Revenue Service and the Florida Department of Revenue generally remain open
for three years from the date of filing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">From October&nbsp;1,
2013 and going forward income taxes are provided for the tax effects of transactions reported in the consolidated financial statements
and consist of taxes currently due plus deferred taxes. Deferred taxes are recognized for differences to reflect the net tax effects
between the basis of assets and liabilities for consolidated financial statement and income tax purposes. The differences relate
primarily to depreciable assets, net operating losses, and differences in the method of account for fruit and other receivables,
fruit inventory, prepaid expenses and other assets, accounts payable and accrued expenses. The deferred tax assets and liabilities
represent the future tax return consequences of those differences, which will either be deductible or taxable when the assets and
liabilities are recovered or settled.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Fair
Value of Financial Instruments</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">FASB ASC Topic 820
&ldquo;Fair Value Measurements and Disclosure&rdquo; establishes a fair value hierarchy which requires an entity to maximize the
use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels
of inputs that may be used to measure fair value:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt 0.5in; text-align: justify"><I>Level&nbsp;1</I>&nbsp;&mdash;
Valuation based on quoted prices in active markets for identical assets or liabilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt 0.5in; text-align: justify"><I>Level&nbsp;2</I>&nbsp;&mdash;
Valuation based on quoted market prices for similar assets and liabilities in active markets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt 0.5in; text-align: justify"><I>Level&nbsp;3</I>&nbsp;&mdash;
Valuation based on unobservable inputs that are supported by little or no market activity, therefore requiring management&rsquo;s
best estimate of what market participants would use as fair values.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">Fair value estimates
discussed herein are based upon certain market assumptions and pertinent information available to management. The respective carrying
value of certain on&#45;balance&#45;sheet financial instruments approximates their fair values due to the short&#45;term nature
of these instruments. These include cash and cash equivalents, accounts receivable, other receivables, accounts payable, and accrued
expenses. The fair value of the Company&rsquo;s capital lease obligation, note payable and term debt approximate their carrying
values based on current rates available to the Company.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>3.</B></TD><TD STYLE="text-align: justify"><B>Land Purchase</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">The Company purchased
approximately 1,500 acres of citrus groves that included land, trees and fruit inventory as well as irrigation and other equipment
on September&nbsp;4, 2014. The purchase price was approximately $17,600,000 which was funded through cash plus additional financing
of $11,000,000 in term debt (see Note&nbsp;10).</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>4.</B></TD><TD STYLE="text-align: justify"><B>Cash Flow Information</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">The Company had non&#45;cash
investing and financing transactions as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 60%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt 0pt; border-bottom: Black 0.5pt solid"><I>For the three months ended,</I></P></TD>
    <TD STYLE="width: 20%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>September&nbsp;30,
        2014<BR>
        (unaudited)</B></P></TD>
    <TD STYLE="width: 20%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">September&nbsp;30,
        2013<BR>
        (unaudited)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Escrow deposit in other assets applied to purchase of property and equipment&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$250,000</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Property and equipment purchased under notes&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>11,000,000</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">Supplemental cash
flow disclosures are as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 60%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>For the three months ended,</I></P></TD>
    <TD STYLE="width: 20%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>September&nbsp;30,
        2014<BR>
        (unaudited)</B></P></TD>
    <TD STYLE="width: 20%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">September&nbsp;30,
        2013<BR>
        (unaudited)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Cash paid for interest&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$377,399</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$393,413</TD></TR>
</TABLE>

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>5.</B></TD><TD STYLE="text-align: justify"><B>Restricted Proceeds from Land Sales Held in Escrow</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Under the terms
of the loan agreement with Prudential Mortgage Capital Company,&nbsp;LLC (Prudential), the Company may deposit the proceeds from
real estate sales into a pledge account for a period of up to 12&nbsp;months which serves as replacement collateral. As of September&nbsp;30,
2014 and June&nbsp;30, 2014 all the proceeds were released from restrictions, based on the contract, and distributed to Members.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>6.</B></TD><TD STYLE="text-align: justify"><B>Property and Equipment</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Property and equipment
consist of the following:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 60%; padding-right: 0.05in; padding-left: -11pt">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>For the three months ended,</I></P></TD>
    <TD STYLE="width: 20%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>September&nbsp;30,&nbsp;2014<BR>
        (unaudited)</B></P></TD>
    <TD STYLE="width: 20%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">September&nbsp;30,&nbsp;2013<BR>
        (unaudited)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Citrus trees&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$32,330,529</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$24,695,210</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Land&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>17,554,652</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">11,633,532</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Equipment, irrigation and vehicles&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>7,417,689</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5,192,700</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Building and improvements&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>1,577,298</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,061,789</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Office equipment and furniture&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>107,234</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">107,234</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>58,987,402</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">42,690,465</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Less: accumulated depreciation&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(3,809,188)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(3,289,639)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$55,178,214</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$39,400,826</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">Depreciation expense
totaled $519,548 and $455,456 for the three months ended September&nbsp;30, 2014 and 2013, respectively, of which $511,479 and
$452,043 was capitalized in inventory. Certain land with a cost of $2,832,159 has been classified as held for sale as of June&nbsp;30,
2014. It was sold during the three month period ended September&nbsp;30, 2014 resulting in a gain on sale of assets of $2,926,553.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>7.</B></TD><TD STYLE="text-align: justify"><B>Loan Costs</B></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 65%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 20%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>September&nbsp;30,&nbsp;2014<BR>
        (unaudited)</B></P></TD>
    <TD STYLE="width: 15%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">June&nbsp;30,&nbsp;2014</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Loan costs&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$541,094</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$431,108</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Less: accumulated amortization&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(59,070)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(50,188)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$482,024</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$380,920</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">The loan costs are
stated at cost and amortized using the straight&#45;line method (which approximates the effective interest method) over the lives
of the related loans. Amortization totaled $8,882 for both periods ended September&nbsp;30, 2014 and 2013, respectively, and has
been capitalized in inventory.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">A schedule of the
estimated aggregate loan cost amortization for the next five succeeding fiscal years is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 88%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Years</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Office equipment and furniture&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5&#45;7</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Equipment, irrigation and vehicles&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">7&#45;15</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Buildings and improvements&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">10&#45;20</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Citrus trees&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">20</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 88%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>Year Ended September&nbsp;30,</I></P></TD>
    <TD STYLE="width: 12%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 8pt; text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2015&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$46,956</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2016&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">46,956</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2017&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">46,957</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2018&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">40,857</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2019&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">28,359</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Thereafter&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">271,939</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$482,024</P></TD></TR>
</TABLE>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>8.</B></TD><TD STYLE="text-align: justify"><B>Investments in Agricultural Cooperatives</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company has
various investments in agricultural cooperatives which include per unit retains under base capital or revolving capital plans,
patronage refunds and other allocated equities. The investments in agricultural cooperatives are as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 65%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 20%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>September&nbsp;30,&nbsp;2014<BR>
        (unaudited)</B></P></TD>
    <TD STYLE="width: 15%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">June&nbsp;30,&nbsp;2014</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Citrus Marketing Services&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$297,485</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$297,485</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Waverly Growers Association&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>23,801</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">23,801</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Dundee CGA&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>12,540</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">12,540</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$333,826</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$333,826</P></TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>9.</B></TD><TD STYLE="text-align: justify"><B>Note Payable</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company has
entered into a revolving line of credit agreement in the amount of $6,000,000 with a bank. Interest on advances is adjusted quarterly
and is based on the three month London Interbank Offered Rate (LIBOR) plus 2.75% (2.98% at September&nbsp;30, 2014) and is payable
semi&#45;annually beginning June&nbsp;1, 2013. The agreement expires July&nbsp;1, 2018 at which time all outstanding principal
and interest is due. The note is secured by certain real estate. Advances outstanding under the revolving note were $6,000,000
and $3,159,620 at September&nbsp;30, 2014 and June&nbsp;30, 2014, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The note payable
and term debt with financial institutions described in Note&nbsp;10 include cross collateralization and cross default provisions.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>10.</B></TD><TD STYLE="text-align: justify"><B>Term Debt and Capital Lease Obligation</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Term debt and capital
lease obligation consist of the following:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 65%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 20%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>September&nbsp;30,&nbsp;2014</B></P></TD>
    <TD STYLE="width: 15%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">June&nbsp;30,&nbsp;2014</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Note payable to a financial institution in quarterly installments of $145,000 plus interest at 5.35% per annum. The note matures June, 2033. The note is&nbsp;secured by certain real property&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$13,630,000</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$13,775,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Note payable to a financial institution in quarterly installments of $145,000 plus interest at 5.35% per annum. The note matures June, 2033. The note is&nbsp;secured by certain real property&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>13,630,000</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">13,775,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Note payable to a financial institution with quarterly interest payments at 3.85% per annum beginning December&nbsp;1, 2014 and principal payments of $55,000 beginning March&nbsp;1, 2015. The note matures September&nbsp;1, 2021 at which time all principal and accrued interest is due. The note is secured by&nbsp;certain real property.&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>5,500,000</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Note payable to a financial institution with quarterly interest payments at 3.45% per annum beginning December&nbsp;1, 2014 and principal payments of $55,000 beginning March&nbsp;1, 2015. Beginning on September&nbsp;1, 2019, and on each of September&nbsp;1, 2024 and September&nbsp;1, 2029, the financial institution has the right to adjust the interest rate to a new agreed upon interest rate, comparable to other terms at that time. The note matures September&nbsp;1, 2039 at which time all principal and accrued interest is due. The note is secured by certain real property.&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>5,500,000</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Note payable to a financing corporation in semi annual installments of $18,056 including interest. The note matures December&nbsp;1, 2016 and is secured by certain equipment&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>90,278</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">90,278</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Capital lease payable to a financing corporation in monthly installments of $1,800 including interest at 10.96%. The lease matured August, 2014 and&nbsp;was secured by certain equipment&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">1,763</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>38,350,278</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">27,642,041</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Less: current maturities&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(1,581,111)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(1,197,874)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$36,769,167</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$26,444,167</P></TD></TR>
</TABLE>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">A schedule of maturities
of the term debt and capital lease obligation is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 88%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt 0pt; border-bottom: Black 0.5pt solid"><I>Year Ended September&nbsp;30,</I></P></TD>
    <TD STYLE="width: 12%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 8pt; text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2015&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$1,581,111</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2016&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,636,167</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2017&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,618,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2018&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,600,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2019&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,600,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Thereafter&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">30,315,000</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$38,350,278</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">Interest costs incurred
amounted to approximately $443,000 and $400,000, for the three months ending September&nbsp;30, 2014 and 2013, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company is required
to meet certain financial ratios on various notes payable related to current assets and liabilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The term debt with
financial institutions and the note payable described in Note&nbsp;9 include cross collateralization and cross default provisions.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>11.</B></TD><TD STYLE="text-align: justify"><B>Income Taxes</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The provision for
income taxes consists of the following:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>September&nbsp;30,</I></P></TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">2013</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Current income tax provision:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Federal&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">State&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Deferred income tax provision:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Federal&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(754,971)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">State&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(129,236)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(884,207)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 30pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$(884,207)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$&ndash;</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">The tax effects of
temporary differences that give rise to deferred tax assets and liabilities consist of the following:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>September&nbsp;30,&nbsp;2014<BR>
        (Unaudited)</B></P></TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>June&nbsp;30,&nbsp;2014</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Deferred tax assets:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Accounts payable and accrued expenses&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$374,335</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$240,617</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Fixed assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>186,811</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Net operating loss&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>2,331,002</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">2,345,060</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Total deferred tax assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>2,892,148</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">2,585,677</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Deferred tax liabilities:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Fruit Inventory, net of capitalized depreciation&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>2,969,871</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,420,497</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Fruit and other receivables&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>1,684,893</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,805,020</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Prepaid expenses&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>73,105</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">150,083</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Depreciation&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>5,204,791</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">5,366,382</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Total deferred tax liabilities&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>9,932,660</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">8,741,982</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">Net deferred tax liability&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$(7,040,512)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$(6,156,305)</P></TD></TR>
</TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">Deferred taxes are
included in the accompanying balance sheet as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>September&nbsp;30,&nbsp;2014<BR>
        (Unaudited)</B></P></TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">June&nbsp;30,&nbsp;2014</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Deferred current tax liability:&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$(4,166,723)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$(3,134,983)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Deferred non&#45;current tax liability:&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(2,873,789)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(3,021,322)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$(7,040,512)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$(6,156,305)</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">The Company&rsquo;s
net operating loss carryforwards, which may provide future tax benefits, expire in&nbsp;2034. Since the fiscal year&nbsp;2014 was
the initial year for the Company as a taxable corporation, there are no net operating loss carryforwards from prior years.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>12.</B></TD><TD STYLE="text-align: justify"><B>Lease Arrangements and Rent Expense</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Capital
Lease</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company leases
certain equipment under a non&#45;cancellable capital lease. The equipment under the lease is included in the accompanying consolidated
balance sheets as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>September&nbsp;30,&nbsp;2014<BR>
        (unaudited)</B></P></TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">June&nbsp;30,&nbsp;2014</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Equipment, irrigation and vehicles&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$147,101</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$147,101</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Less: accumulated depreciation&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(30,646)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(26,969)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$116,455</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$120,132</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">Future minimum lease
payments under the capital lease are included in the schedule of maturities of term debt (Note&nbsp;10).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Operating
Leases</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company leases
certain equipment under non&#45;cancellable operating leases. The leases have original terms of&nbsp;12 to 48&nbsp;months. The
leases provide for monthly rent payments and include various purchase options at the end of the lease terms. Rent expense totaled
approximately $54,914 and $38,981, for the three months ended September&nbsp;30, 2014 and&nbsp;2013, respectively, for these non&#45;cancellable
operating leases, of which $53,413 and $37,541, respectively has been capitalized in inventory.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Future minimum payments
under the leases are as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 0.7in">&nbsp;</TD>
    <TD STYLE="padding-right: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid">Year Ended September&nbsp;30,</P></TD>
    <TD STYLE="width: 31%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; text-align: center">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2015&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$212,150</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2016&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">198,649</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">2017&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">114,601</P></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$525,400</P></TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>13.</B></TD><TD STYLE="text-align: justify"><B>Retirement Plan</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">During&nbsp;2013,
the Company adopted a trusteed qualified 401(k) plan for all eligible full&#45;time employees. The Plan permits employees to make
contributions up to the maximum limits allowed by the Internal Revenue Code. The Plan provides for mandatory safe&#45;harbor matching
contribution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company&rsquo;s
provision for matching contributions was approximately $9,000 and $8,000, for the three months ended September&nbsp;30, 2014 and&nbsp;2013,
respectively.</P>


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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>14.</B></TD><TD STYLE="text-align: justify"><B>Equity Based Compensation</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company issued
units valued at approximately $1,389,000, equal to 5% of total member contributions on a fully diluted basis, in exchange for future
services of one member and will vest ratably over a two year period that ends December&nbsp;31, 2014. The pro rata amount of $173,665
has been included in the general and administrative expenses in the statements of operations for the three months ended September&nbsp;30,
2014 and&nbsp;2013. The remaining balance of $173,664 will be recognized ratably until its expiration date. Upon employment termination
of the member without cause, the unvested portion becomes fully vested. If the member terminates employment, there is an option,
as defined, to purchase a significant portion of income producing citrus groves that could impact the results of operations.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>15.</B></TD><TD STYLE="text-align: justify"><B>Major Customer</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Receivables from
one major customer aggregated 95% and 88% of the Company&rsquo;s receivables at September&nbsp;30, 2014 and at June&nbsp;30, 2014.
Due to the seasonality of the industry there are no sales related to the sale of fruit for the three months ended September&nbsp;30,
2014 and&nbsp;2013. Management believes that there is a market for its fruit with other processors if there was a termination of
the current purchase and supply agreement with this major customer.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>16.</B></TD><TD STYLE="text-align: justify"><B>Commitments and Contingencies</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company is exposed
to various asserted and unasserted potential claims encountered in the normal course of business. In the opinion of management,
the resolution of these matters will not have a material effect on the Company&rsquo;s financial position or the results of the
operations of the Company.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>17.</B></TD><TD STYLE="text-align: justify"><B>Subsequent Events</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company has
evaluated events and transactions occurring subsequent to September&nbsp;30, 2014 as of January&nbsp;13, 2015, which is the date
the financial statements were available to be issued. Subsequent events occurring after January&nbsp;13, 2015 have not been evaluated
by management. No material events have occurred since September&nbsp;30, 2014 that require recognition or disclosure in the financial
statements, except as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">In October,&nbsp;2014
the Company signed a letter of intent to enter into a purchase agreement and plan of merger with a publicly traded company. Substantially
all of the proceeds will be paid with stock of the acquiring company. This transaction is expected to be completed during fiscal
year end&nbsp;2015.</P>


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<TYPE>EX-99.3
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<FILENAME>e62805ex99-3.htm
<DESCRIPTION>CONSOLIDATED FINANCIAL STATEMENTS
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 99.3</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>and Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Financial Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>For the year ended June&nbsp;30, 2014
and the period from</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>October&nbsp;19, 2012 (date of inception)
through June&nbsp;30, 2013</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;Inc. and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Table of Contents</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 89%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Page</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Independent Auditors&rsquo; Report&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1&nbsp;&ndash;&nbsp;2</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Consolidated Financial Statements</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Consolidated Balance Sheets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">3&nbsp;&ndash;&nbsp;4</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Consolidated Statements of Operations&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Consolidated Statements of Changes in Members&rsquo; Equity&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">6</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Consolidated Statements of Cash Flows&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">7</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Notes to the Consolidated Financial Statements&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">8&nbsp;&ndash;&nbsp;16</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><IMG SRC="image_003.jpg" ALT="" STYLE="height: 120px; width: 179px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Independent Auditors&rsquo; Report</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Managing Members</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">734 Citrus Holdings,&nbsp;LLC and Subsidiaries</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Frostproof, Florida</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We have audited the accompanying consolidated
financial statements of 734 Citrus Holdings,&nbsp;LLC and Subsidiaries (the &ldquo;Company&rdquo;), which comprise the consolidated
balance sheets as of June&nbsp;30, 2014 and 2013, and the related consolidated statements of operations, changes in members&rsquo;
equity, and cash flows, for the year ended June&nbsp;30, 2014 and the period from October&nbsp;19, 2012 (date of inception) through
June&nbsp;30, 2013 and the related notes to the consolidated financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Management&rsquo;s Responsibility
for the Financial Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Management is responsible for the preparation
and fair presentation of these consolidated financial statements in accordance with accounting principles generally accepted in
the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation
and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Auditors&rsquo; Responsibility</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Our responsibility is to express an
opinion on these consolidated financial statements based on our audit. We conducted our audit in accordance with auditing standards
generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the consolidated financial statements are free from material misstatement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">An audit involves performing procedures
to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend
on the auditor&rsquo;s judgment, including the assessment of the risks of material misstatement of the consolidated financial statements,
whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity&rsquo;s
preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate
in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity&rsquo;s internal control.
Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and
the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the
consolidated financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We believe that the audit evidence we
have obtained is sufficient and appropriate to provide a basis for our audit opinion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Opinion</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">In our opinion, the consolidated financial
statements referred to above present fairly, in all material respects, the financial position of the Company as of June&nbsp;30,
2014 and 2013, and the results of its operations and its cash flows for the year ended June&nbsp;30, 2014 and the period from October&nbsp;19,
2012 (date of inception) through June&nbsp;30, 2013 in accordance with accounting principles generally accepted in the United States
of America.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">114 N. Tennessee Avenue, Suite&nbsp;200A &nbsp;&nbsp;&#9679;&nbsp;&nbsp;
Lakeland, FL 33801 &nbsp;&nbsp;&#9679;&nbsp;&nbsp; (863)&nbsp;937&#45;9520 &nbsp;&nbsp;&#9679;&nbsp;&nbsp; Fax (863)&nbsp;937&#45;9778</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">Orlando &nbsp;&nbsp;&#9679;&nbsp;&nbsp; Tampa
&nbsp;&nbsp;&#9679;&nbsp;&nbsp; Winter Haven</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">www.cfrcpa.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Emphasis of Matter</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">As discussed in Note&nbsp;18 to the
financial statements, the 2013 financial statements have been restated to correct a misstatement. Our opinion is not modified with
respect to this matter.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 51%; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 49%; padding-right: 0.05in; padding-left: 0.05in">/s/ Cross, Fernandez&nbsp;&amp; Riley,&nbsp;LLP<BR>
<BR>
Certified Public Accountants</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">December&nbsp;1, 2014</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Lakeland, Florida</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Balance Sheets</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 74%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>June&nbsp;30,</I></P></TD>
    <TD STYLE="width: 13%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 13%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Assets</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Current assets:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Cash and cash equivalents (Note&nbsp;2)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$241,429</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$2,655,104</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Restricted cash (Note&nbsp;2)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5,200,034</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Accounts receivable (Notes&nbsp;2 and 16)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>4,594,099</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">858,251</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Other receivables&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>283,119</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">152,215</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Inventories (Note&nbsp;2)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Unharvested citrus crops&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>5,197,483</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5,711,499</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Other&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>342,564</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">265,907</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Prepaid expenses and other assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>148,840</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">250,785</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Land held for sale (Note&nbsp;2)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>2,832,159</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total current assets</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>13,639,693</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">15,093,795</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Property and equipment, net (Notes&nbsp;2 and 6)</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>39,400,826</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">44,547,372</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Other assets:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Restricted proceeds from land sales held in escrow (Note&nbsp;5)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">6,861,747</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Deferred loan costs, net (Note&nbsp;7)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>380,920</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">416,449</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Investment in agricultural cooperatives (Notes&nbsp;2 and 8)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>333,826</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">446,199</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Other&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>257,239</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">7,229</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total other assets</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>971,985</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">7,731,624</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$54,012,504</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$67,372,791</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Balance Sheets</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 72%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>June&nbsp;30,</I></P></TD>
    <TD STYLE="width: 14%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 14%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Liabilities and Members&rsquo; Equity</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Current liabilities:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Current maturities of term debt (Note&nbsp;11)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$1,196,111</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$1,256,666</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Current maturity of capital lease obligation (Notes&nbsp;11 and 13)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>1,763</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">19,723</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Current deferred tax liability (Note&nbsp;12)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>3,134,983</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Accounts payable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>323,545</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">553,836</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Escrow payable (Note&nbsp;2)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5,200,034</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Accrued expenses&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>316,902</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">450,455</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Advance from member (Note&nbsp;9)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">605,485</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt"><B>Total current liabilities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>4,973,304</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">8,086,199</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Long&#45;term liabilities:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Note payable (Note&nbsp;10)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>3,159,620</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">2,050,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Term debt, net of current maturities (Note&nbsp;11)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>26,444,167</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">27,453,334</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Long&#45;term deferred tax liability (Note&nbsp;12)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>3,021,322</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Capital lease obligation, net of current maturity (Notes&nbsp;11 and 13)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">3,439</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Contingent consideration arrangement (Notes&nbsp;2 and 3)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">6,000,000</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total long&#45;term liabilities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>32,625,109</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">35,506,773</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total liabilities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>37,598,413</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">43,592,972</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Commitments and contingencies (Note&nbsp;17)</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Members&rsquo; equity</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>16,414,091</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">23,779,819</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$54,012,504</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$67,372,791</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><I>See notes to consolidated financial
statements.</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Statements of Operations</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 51%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 26%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Year
        Ended June&nbsp;30, 2014</B></P></TD>
    <TD STYLE="width: 23%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">Period
        from<BR>
        October&nbsp;19, 2012<BR>
        (date of inception)<BR>
        through June&nbsp;30, 2013<BR>
        Restated</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Operating revenues (Notes&nbsp;2 and 16):</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Fruit and other revenues&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>$15,617,151</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">$14,380,459</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Operating expenses:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Growing, caretaking and other direct costs&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>10,106,726</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">3,074,974</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Harvesting costs&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>2,633,729</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">3,848,401</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Purchased fruit (Note&nbsp;18)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">5,750,931</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total operating expenses</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>12,740,455</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">12,674,306</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Gross profit</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>2,876,696</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">1,706,153</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>General and administrative:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">General and administrative (Note&nbsp;15)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>1,479,688</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,060,763</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Depreciation (Notes&nbsp;2 and 6)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>59,898</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">55,027</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total general and administrative</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>1,539,586</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">1,115,790</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Income from operations</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>1,337,110</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">590,363</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Other income (expense):</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Gain on bargain purchase of a business (Note&nbsp;3 and 18)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,485,799</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Gain on settlement of contingent consideration arrangement (Note&nbsp;2)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>6,000,000</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Interest (Notes&nbsp;10 and 11)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(1,633,719)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(840,045)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Gain (loss) on sale of assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>101,666</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(28,523)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Other income&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>55,662</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">104,379</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total other income, net</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>4,523,609</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">721,610</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Income before provision for income taxes</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>5,860,719</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,311,973</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Provision for income taxes (Note&nbsp;12)</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>6,156,305</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt"><B>Net income (loss)</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$(295,586)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$1,311,973</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><I>See notes to consolidated financial
statements.</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Statements of Changes
in Members&rsquo; Equity</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 83%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 17%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Members&rsquo;
        Equity</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Balance</B>, October&nbsp;19, 2012 (date of inception)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">$&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Member contributions (Note&nbsp;4)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">22,467,846</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Net income&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">1,311,973</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Balance</B>, June&nbsp;30, 2013&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">23,779,819</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Equity&#45;based compensation (Note&nbsp;15)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">694,658</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Member distributions (Note&nbsp;5)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(7,764,800)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Net loss&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(295,586)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt"><B>Balance</B>, June&nbsp;30, 2014&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$16,414,091</B></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><I>See notes to consolidated financial
statements.</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Statements of Cash Flows</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 57%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 23%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Year
        Ended June&nbsp;30, 2014</B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 20%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">Period
        from<BR>
        October&nbsp;19, 2012<BR>
        (date of inception)<BR>
        through June&nbsp;30, 2013<BR>
        Restated</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Cash flows from operating activities:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Net income (loss)&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$(295,586)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$1,311,973</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Adjustments to reconcile net income (loss) to net cash provided (used in) by operating activities:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Depreciation and amortization&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>1,860,569</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,628,654</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Equity&#45;based compensation&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>694,658</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">347,329</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">(Gain) loss on sale of fixed assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(100,452)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">28,523</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Deferred income taxes&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>6,156,305</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Gain on bargain purchase of a business&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(1,485,799)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Gain on settlement of contingent consideration arrangement&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(6,000,000)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Changes in assets and liabilities</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Accounts receivable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(3,735,848)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(858,251)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Other receivables&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(130,904)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(152,215)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Inventories&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>437,359</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">91,076</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Prepaid expenses and other assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>101,945</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(250,785)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Other&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(10)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(7,229)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Accounts payable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(230,291)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">553,836</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Accrued expenses&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(133,553)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">450,455</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt">Escrow payable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">994</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Net cash provided by (used in) operating activities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(1,375,808)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">1,658,561</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Cash flows from investing activities:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Proceeds from sale of property and equipment&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>959,603</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5,331,108</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Purchases of property and equipment&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(261,470)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(698,183)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Redemption of investment in agricultural cooperatives&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>112,373</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Increase in restricted cash&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(5,200,034)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Restricted proceeds from land sales held in escrow&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>6,861,747</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(6,861,747)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Escrow deposit for land purchase&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(250,000)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Acquisition of a business&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(10,937,845)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Net cash provided by (used in) investing activities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>7,422,253</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(18,366,701)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Cash flows from financing activities:</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Net proceeds on revolving note payable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>1,109,620</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">2,050,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Payments on term debt&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(1,178,056)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(290,000)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Payments on capital lease obligation&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(21,399)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(9,597)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Payment of loan costs&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(431,108)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Advance from member&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(605,485)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">605,485</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Member distributions&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(7,764,800)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Member contributions&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">17,438,464</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Net cash provided by (used in) financing activities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(8,460,120)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">19,363,244</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Net increase (decrease) in cash and cash equivalents</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(2,413,675)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">2,655,104</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt"><B>Cash and cash equivalents</B>, beginning of year&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>2,655,104</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt"><B>Cash and cash equivalents</B>, end of year&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$241,429</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$2,655,104</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><I>See notes to consolidated financial
statements.</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>734 Citrus Holdings,&nbsp;LLC and
Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Notes to the Consolidated Financial
Statements</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>1.</B></TD><TD STYLE="text-align: justify"><B>Nature of Operations</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">734 Citrus Holdings,&nbsp;LLC,
organized on October&nbsp;19, 2012 (date of inception) and wholly owned subsidiaries, 734&nbsp;Harvest,&nbsp;LLC, 734&nbsp;Co&#45;op
Groves,&nbsp;LLC, 734&nbsp;LMC Groves,&nbsp;LLC, and 734&nbsp;BLP Groves,&nbsp;LLC (herein referred to as the &ldquo;Company&rdquo;)
are limited liability companies organized under the laws of the State of Florida. There is a single class of membership with each
member having limited liability. The Company owns citrus groves located in Central and South Florida. The Company harvests fruit
and provides grove caretaking services to several growers.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>2.</B></TD><TD STYLE="text-align: justify"><B>Summary of Significant Accounting Policies</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Principles
of Consolidation</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The accompanying
financial statements have been prepared on a consolidated basis to include the accounts of 734&nbsp;Citrus Holdings,&nbsp;LLC and
all entities the Company controls. All significant intercompany accounts and transactions have been eliminated in consolidation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Use
of Estimates</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The preparation
of financial statements in conformity with accounting principles generally accepted in the United States of America requires management
to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent
assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting
period. Actual results could differ from those estimates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Cash
and Cash Equivalents</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company considers
all highly liquid instruments with an original maturity of three months or less to be cash equivalents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Restricted
Cash</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Restricted cash
relates to an asset purchase agreement and is included in current assets based on the contractual terms of the agreement. An escrow
payable is included in current liabilities for the balance of the restricted cash. On July&nbsp;2, 2013, 50% of the balance, or
approximately $2,600,000, was disbursed based on the terms of the agreement. The remaining amount was disbursed on December&nbsp;31,
2013.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Concentration
of Credit Risk</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company maintains
its cash and restricted cash accounts in financial institutions in the States of Florida and New York and, at times, balances may
exceed Federal Deposit Insurance Corporation (FDIC) limits. All of the non&#45;interest&#45;bearing cash balances are insured up
to $250,000 per depositor at each financial institution, and at June&nbsp;30, 2014 and 2013, the Company had approximately $235,000
and $2,714,000, respectively, in excess of FDIC insured limits with the financial institutions. The Company has not experienced
any losses on these accounts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company markets
citrus fruit and extends credit to processors in Central Florida under different arrangements including negotiated price and participation
agreements. The Company extends credit to grove caretaking customers in Central and South Florida under various terms on an unsecured
basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Revenue
Recognition</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Revenue from citrus
crops is recognized at the time the crop is harvested and delivered to the customer. Receivables from crops sold are recorded for
the estimated proceeds to be received from the customer. Differences between the estimates and the final realization of revenues
can be significant, and the differences between estimated and final results can be either positive or negative. During the periods
presented in these financial statements, no material adjustments were made to the reported revenues from the sale of citrus crops.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Caretaking and harvesting
revenues of approximately $123,000 and $359,000 for the year ended June&nbsp;30, 2014 and the period from October&nbsp;19, 2012
(date of inception) through June&nbsp;30, 2013, respectively, which are included in fruit and other revenues in the statement of
income, are recognized as the services are provided. Caretaking revenues are primarily from citrus groves owned individually by
related parties of the members.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Accounts
Receivable</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Accounts receivable
are customer obligations resulting from the sale of citrus fruit and grove caretaking services. The Company provides for an allowance
for doubtful accounts which is estimated based on the Company&rsquo;s historical losses, existing economic conditions within the
industry and the financial stability of its customers. Management believes no allowance for doubtful accounts is necessary at June&nbsp;30,
2014 and 2013.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Inventories</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The costs of growing
crops include production costs and certain allocable indirect costs, that are capitalized into inventory until the time of harvest.
Such costs are expensed when the crops are harvested and are recorded in growing, caretaking, and other direct costs in the statements
of operations. Inventories are stated at the lower of cost or net realizable value. The cost for unharvested citrus crops is based
on accumulated production costs incurred during the period from January&nbsp;1 through the balance sheet date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Other inventories
consist of fuel, spray oil, and palm trees and are valued at the lower of cost or market.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Land
Held for Sale</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company classifies
land as held for sale in the period in which all of the following criteria are met: a)&nbsp;management with the appropriate authority
commits to a plan to sell the asset, b)&nbsp;the asset is available for immediate sale in its present condition subject only to
terms that are usual and customary for sales of such assets, c)&nbsp;an active program to locate a buyer and other actions required
to complete the plan of sale have been initiated, d)&nbsp;the sale of the property or asset within one year is probable and will
qualify for accounting purposes as a sale, e)&nbsp;the asset is being actively marketed for sale at a price that is reasonable
in relation to its current fair value, and f)&nbsp;actions required to complete the plan of sale indicate that it is unlikely that
significant changes to the plan will be made or that the plan will be withdrawn.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Property
and Equipment</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Property and equipment
are stated at cost. Depreciation is computed using the straight&#45;line method over the following estimated useful lives:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Years</B></P></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Office equipment and furniture&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5&#45;7</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Equipment, irrigation and vehicles&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">7&#45;15</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Buildings and improvements&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">10&#45;20</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">Citrus trees&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">20</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">Costs of planting and developing citrus
groves are capitalized until the groves become commercially productive, at which time the Company ceases capitalization of costs
and commences depreciation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Impairment
of Long&#45;Lived Assets</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Long&#45;lived assets
are evaluated for impairment when events or circumstances indicate that the carrying amounts of the assets may not be recoverable.
When any such impairment exists, the related assets will be written down to fair value. No impairment losses were recognized by
the Company for the year ended June&nbsp;30, 2014 and the period from October&nbsp;19, 2012 (date of inception) through June&nbsp;30,
2013.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Investments
in Agricultural Cooperatives</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company has
various investments in agricultural cooperatives which include per unit retains under base capital or revolving capital plans,
patronage refunds and other allocated equities. Investments in agricultural cooperatives are not marketable; therefore, these investments
are recorded at cost.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company evaluates,
at least annually, whether events or circumstances have occurred that may have a significant adverse effect on the fair value of
these investments. No impairment losses on these investments were recognized by the Company for the year ended June&nbsp;30, 2014
and the period from October&nbsp;19, 2012 (date of inception) through June&nbsp;30, 2013.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Contingent
Consideration Arrangement</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company estimates
the fair value of contingent consideration arrangements issued in business combinations using various valuation approaches, reflecting
the Company&rsquo;s assessment of the assumptions market participants would use to value the consideration. The fair value of the
liability classified as a contingent consideration arrangement is re&#45;measured at each reporting period, with any changes in
the fair value recorded as income or expense.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Income
Taxes</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company has
elected to be treated as a Corporation for federal income tax purposes beginning October&nbsp;1, 2013. Consequently, federal income
taxes were not payable by the Company up to September&nbsp;30, 2013. Members were taxed individually on their share of the Company&rsquo;s
earnings. Therefore, no provision or liability for federal income taxes has been included in the financial statements as of June&nbsp;30,
2013.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company identifies
and evaluates uncertain tax positions, if any, and recognizes the impact of uncertain tax positions for which there is less than
more&#45;likely&#45;than&#45;not probability of the position being upheld when reviewed by the relevant taxing authority. Such
positions are deemed to be unrecognized tax benefits and a corresponding liability is established on the balance sheet. The Company
has not recognized a liability for uncertain tax positions. If there were an unrecognized tax benefit, the Company would recognize
interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Company&rsquo;s
open tax years subject to examination by the Internal Revenue Service and the Florida Department of Revenue generally remain open
for three years from the date of filing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">From October&nbsp;1,
2013 and going forward, income taxes are provided for the tax effects of transactions reported in the consolidated financial statements
and consists of taxes currently due plus deferred taxes. Deferred taxes are recognized for differences to reflect the net tax effects
between the basis of assets and liabilities for consolidated financial statement and income tax purposes. The differences relate
primarily to depreciable assets, net operating losses, and differences in the method of account for fruit and other receivables,
fruit inventory, prepaid expenses and other assets, accounts payable and accrued expenses. The deferred tax assets and liabilities
represent the future tax return consequences of those differences, which will either be deductible or taxable when the assets and
liabilities are recovered or settled.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Fair
Value of Financial Instruments</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">FASB ASC Topic 820
&ldquo;Fair Value Measurements and Disclosure&rdquo; establishes a fair value hierarchy which requires an entity to maximize the
use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels
of inputs that may be used to measure fair value:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"><I>Level&nbsp;1</I>&nbsp;&mdash;
Valuation based on quoted prices in active markets for identical assets or liabilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"><I>Level&nbsp;2</I>&nbsp;&mdash;
Valuation based on quoted market prices for similar assets and liabilities in active markets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"><I>Level&nbsp;3</I>&nbsp;&mdash;
Valuation based on unobservable inputs that are supported by little or no market activity, therefore requiring management&rsquo;s
best estimate of what market participants would use as fair values.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Fair value estimates
discussed herein are based upon certain market assumptions and pertinent information available to management. The respective carrying
value of certain on&#45;balance&#45;sheet financial instruments approximates their fair values due to the short&#45;term nature
of these instruments. These include cash and cash equivalents, restricted cash, accounts receivable, other receivables, accounts
payable, escrow payable, accrued expenses, and advances from Members. The fair value of the Company&rsquo;s capital lease obligation,
note payable and term debt approximate their carrying values based on current rates available to the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">The Company&rsquo;s
Level&nbsp;3 financial instruments consist of a contingent consideration arrangement liability of $0 and $6,000,000 as of June&nbsp;30,
2014 and 2013, respectively. The contingent consideration arrangement relates to an asset purchase agreement and is included in
the long&#45;term liabilities based on the contractual terms of the purchase agreement The</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">contingent consideration is payable,
up to $6,000,000 to the extent cumulative EBITDA, as defined in the purchase agreement, exceeds $10,000,000 through June&nbsp;30,
2014. If less than $6,000,000 is paid at the end of fiscal year 2014, the Company will pay to the seller up to an aggregate amount
of $6,000,000 to the extent cumulative EBITDA exceeds $15,000,000 through June&nbsp;30, 2015. The fair value of the liability at
June&nbsp;30, 2013 was estimated by management based on the present value of the expected payments over 24&nbsp;months. The valuation
method used to estimate the fair value of the contingent consideration arrangement included significant unobservable market inputs
(Level&nbsp;3), with key assumptions including the varying probability of achieving revenue targets, and the discount rate based
on current lending rates applied to the amount based on the contractual agreement. Management has determined that the fair value
of the liability approximates the stated value of $6,000,000 at June&nbsp;30, 2013. In 2014, the Company estimated that no portion
of the liability was expected to be earned and paid out in the future. The write off of the liability was recorded as a gain on
settlement of contingent consideration arrangement in the consolidated statements of operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">The Company does
not have any Level&nbsp;1 or 2 financial instruments.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>3.</B></TD><TD STYLE="text-align: justify"><B>Business Combination</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">The Company was organized
for the purpose of acquiring citrus groves, and effective December&nbsp;31, 2012, the Company purchased approximately 5,000 acres
of citrus groves as well as equipment and other assets from several closely held entities under common control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">The acquisition has
been accounted for in accordance with FASB ASC Topic 805, &ldquo;Business Combinations&rdquo; and, accordingly, the assets acquired
and liabilities assumed are recorded at estimated fair values as determined by management based on information available.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">The final allocation
of the purchase price is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 24%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Restated</B></P></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Citrus groves, machinery and equipment&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$46,140,762</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Citrus crop on trees&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5,835,721</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Investment in agricultural cooperatives&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">446,199</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Other inventory&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">232,761</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Term debt&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(29,000,000)</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Escrow payable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(5,199,040)</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Contingent consideration arrangement&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(6,000,000)</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Capital lease payable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(32,759)</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Gain on bargain purchase of a business&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(1,485,799)</P></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 20pt; text-indent: -10pt">Cash paid&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$10,937,845</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 8pt; text-align: justify; text-indent: 0.5in">The fair value
of the identifiable assets acquired and liabilities assumed of $12,423,644 exceeded the net cash paid for the business of $10,937,845.
As a result, the Company reassessed the recognition and measurement of identifiable assets acquired and liabilities assumed and
concluded that the valuation procedures and resulting measures were appropriate. Accordingly, the acquisition has been accounted
for as a bargain purchase and, as a result, the Company recognized a gain of $1,485,799 associated with the acquisition. The gain
is included in the line item &ldquo;Gain on bargain purchase of a business&rdquo; in the 2013 consolidated statement of operations
and is the result of the difference between the estimated fair market value of the citrus groves as determined by management and
the purchase price. (Note&nbsp;18)</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>4.</B></TD><TD STYLE="text-align: justify"><B>Cash Flow Information</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">The Company had non&#45;cash
investing and financing transactions as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 52%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Year
        Ended<BR>
        June&nbsp;30, 2014</B></P></TD>
    <TD STYLE="width: 26%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">Period
        from October&nbsp;19, 2012<BR>
        (date of inception) through<BR>
        June&nbsp;30, 2013</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Contributed capital from members&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$22,467,846</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Contribution of grove at formation of&nbsp;LLC&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">4,682,053</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Equipment purchased under note&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>108,334</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 20pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$108,334</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$27,149,899</P></TD></TR>
</TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; text-indent: 0.5in">Supplemental cash flow
disclosures are as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 52%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Year
        Ended<BR>
        June&nbsp;30, 2014</B></P></TD>
    <TD STYLE="width: 26%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">Period
        from October&nbsp;19, 2012<BR>
        (date of inception) through<BR>
        June&nbsp;30, 2013</P></TD></TR>

<TR>
    <TD STYLE="vertical-align: top; width: 52%; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">Cash paid for interest&#9;</TD>
    <TD STYLE="vertical-align: bottom; width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$1,601,280</B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 26%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$709,653</P></TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>5.</B></TD><TD STYLE="text-align: justify"><B>Restricted Proceeds from Land Sales Held in Escrow</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">Under the terms of
the loan agreement with Prudential Mortgage Capital Company,&nbsp;LLC (Prudential), the Company may deposit the proceeds from real
estate sales into a pledge account for a period of up to 12&nbsp;months which serves as replacement collateral. As of June&nbsp;30,
2014, all the proceeds were released from restrictions, based on contract and distributed to Members.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>6.</B></TD><TD STYLE="text-align: justify"><B>Property and Equipment</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">Property and equipment
consist of the following:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 78%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>June&nbsp;30,</I></P></TD>
    <TD STYLE="width: 11%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 11%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">2013</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Citrus trees&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$24,695,210</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$25,109,120</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Land&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>11,633,532</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">14,770,188</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Equipment, irrigation and vehicles&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>5,192,700</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5,011,065</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Building and improvements&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>1,061,789</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,054,539</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Office equipment and furniture&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>107,234</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">107,731</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>42,690,465</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">46,052,643</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Less: accumulated depreciation&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>3,289,639</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">1,505,271</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 20pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$39,400,826</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$44,547,372</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 8pt; text-align: justify; text-indent: 0.5in">Depreciation expense
totaled $1,825,040 and $1,613,995 for the year ended June&nbsp;30, 2014 and the period from October&nbsp;19, 2012 (date of inception)
through June&nbsp;30, 2013, respectively, of which $1,765,142 and $1,526,994, respectively, was capitalized in inventory. Certain
land with a cost of $2,832,159 has been classified as held for sale since it was sold subsequent to year end. See Note&nbsp;19.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>7.</B></TD><TD STYLE="text-align: justify"><B>Loan Costs</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">Loan costs consist
of the following:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 78%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>June&nbsp;30,</I></P></TD>
    <TD STYLE="width: 11%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 11%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">2013</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Loan costs&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$431,108</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$431,108</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Less: accumulated amortization&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(50,188)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(14,659)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 20pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$380,920</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$416,449</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 8pt; text-align: justify; text-indent: 0.5in">The loan costs
are stated at cost and amortized using the straight&#45;line method (which approximates the effective interest method) over the
lives of the related loans. Amortization totaled $35,529 and $14,659 for the year ended June&nbsp;30, 2014 and the period from
October&nbsp;19, 2012 (date of inception) through June&nbsp;30, 2013, and has been capitalized in inventory.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">A schedule of the
estimated aggregate loan cost amortization for the next five succeeding fiscal years is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 89%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>Year Ended June&nbsp;30,</I></P></TD>
    <TD STYLE="width: 11%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2015&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$35,500</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2016&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">35,500</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2017&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">35,500</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2018&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">29,400</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">2019&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">16,900</P></TD></TR>
</TABLE>

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>8.</B></TD><TD STYLE="text-align: justify"><B>Investments in Agricultural Cooperatives</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">The Company has various
investments in agricultural cooperatives which include per unit retains under base capital or revolving capital plans, patronage
refunds and other allocated equities. The investments in agricultural cooperatives are as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 78%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>June&nbsp;30,</I></P></TD>
    <TD STYLE="width: 11%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 11%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><I>2013</I></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Citrus Marketing Services&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$297,485</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$408,158</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Waverly Growers Association&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>23,801</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">23,801</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Dundee CGA&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>12,540</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">12,540</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Other&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">1,700</P></TD></TR>

<TR>
    <TD STYLE="vertical-align: top; width: 78%; padding-bottom: 2pt; padding-left: 20pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; width: 11%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$333,826</B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$446,199</P></TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 11pt; margin-bottom: 11pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>9.</B></TD><TD STYLE="text-align: justify"><B>Advance from Member</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 11pt; text-align: justify; text-indent: 0.5in">Advance from Member
consists of a non&#45;interest bearing advance from a member in relation to the purchase of the business. The advance was paid
in its entirety during fiscal year 2014.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 11pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>10.</B></TD><TD STYLE="text-align: justify"><B>Note Payable</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 11pt; text-align: justify; text-indent: 0.5in">The Company has
entered into a revolving line of credit agreement in the amount of $6,000,000 with a bank. Interest on advances is adjusted quarterly
and is based on the three&#45;month London Interbank Offered Rate (LIBOR) plus 2.75% (2.98% at June&nbsp;30, 2014) and is payable
semi&#45;annually beginning June&nbsp;1, 2013. The agreement expires July&nbsp;1, 2018 and is secured by certain real estate. Advances
outstanding under the revolving note were $3,159,620 and $2,050,000 at June&nbsp;30, 2014 and 2013.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 11pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>11.</B></TD><TD STYLE="text-align: justify"><B>Term Debt and Capital Lease Obligation</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 11pt; text-align: justify; text-indent: 0.5in">Term debt and capital
lease obligation consists of the following:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 80%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>June&nbsp;30,</I></P></TD>
    <TD STYLE="width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">2013</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-align: justify; text-indent: -10pt">Note payable to a financial institution in quarterly installments of $145,000 plus interest at<BR>
5.35% per annum. The note matures June&nbsp;&nbsp;&nbsp;&nbsp;, 2033. The note is secured by certain real<BR>
property.&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$13,775,000</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$14,355,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-align: justify; text-indent: -10pt">Note payable to a financial institution in quarterly installments of $145,000 plus interest at<BR>
5.35% per annum. The note matures June&nbsp;&nbsp;&nbsp;&nbsp;, 2033. The note is secured by certain real<BR>
property.&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>13,775,000</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">14,355,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-align: justify; text-indent: -10pt">Note payable to a financing corporation in semiannual installments of $18,056 including<BR>
interest. The note matures December&nbsp;1, 2016 and is secured by certain equipment.&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>90,278</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-align: justify; text-indent: -10pt">Capital lease payable to a financing corporation in monthly installments of $1,800<BR>
including interest at 10.96%. The lease matures August&nbsp;&nbsp;&nbsp;&nbsp;, 2014 and is secured by<BR>
certain equipment.&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>1,763</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">23,162</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-align: justify; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>27,642,041</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">28,733,162</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-align: justify; text-indent: -10pt">Less: current maturities&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>1,197,874</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">1,276,389</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 20pt; text-align: justify; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$26,444,167</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$27,456,773</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11pt 0; text-align: justify; text-indent: 0.5in">A schedule of maturities
of the term debt and capital lease obligation is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 89%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>Year Ended June&nbsp;30,</I></P></TD>
    <TD STYLE="width: 11%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2015&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$1,197,874</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2016&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,196,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2017&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,178,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2018&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,160,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2019&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,160,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Thereafter&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">21,750,167</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 20pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$27,642,041</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11pt 0 12pt; text-align: justify; text-indent: 0.5in">Interest costs
incurred amounted to approximately $1,633,700 and $840,000 for the period ending June&nbsp;30, 2014 and during the period from
October&nbsp;19, 2012 (date of inception) through June&nbsp;30, 2013.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The Company is required
to meet certain financial ratios on various notes payable related to current assets and liabilities.</P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>12.</B></TD><TD STYLE="text-align: justify"><B>Income Taxes</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The provision for
income taxes consists of the following:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>June&nbsp;30,</I></P></TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">2013</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Current income tax provision:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>

<TR>
    <TD STYLE="vertical-align: top; width: 56%; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Federal&#9;</TD>
    <TD STYLE="vertical-align: bottom; width: 22%; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; width: 22%; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">State&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Deferred income tax provision:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Federal&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>5,256,500</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">State&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>899,805</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>6,156,305</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 30pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$6,156,305</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$&ndash;</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; text-indent: 0.5in">The tax effects of
temporary differences that give rise to deferred tax assets and liabilities consists of the following:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>June&nbsp;30,</I></P></TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">2013</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Deferred tax assets:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Accounts payable and accrued expenses&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$240,617</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Net operating loss&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>2,345,060</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Total deferred tax assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>2,585,677</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Deferred tax liabilities:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Fruit Inventory, net of capitalized depreciation&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>1,420,497</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Fruit and other receivables&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>1,805,020</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Prepaid expenses&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>150,083</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Depreciation&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>5,366,382</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Total deferred tax liabilities&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>8,741,982</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Net deferred tax liability&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>$(6,156,305)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">$&ndash;</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; text-indent: 0.5in">Deferred taxes are
included in the accompanying balance sheet as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>June&nbsp;30,</I></P></TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">2013</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Deferred current tax liability&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$(3,134,983)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Deferred non&#45;current tax liability&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(3,021,322)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$(6,156,305)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$&ndash;</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; text-indent: 0.5in">The Company&rsquo;s
fiscal year end for tax purposes is September&nbsp;30. As of June&nbsp;30, 2014, management expects that approximately $6,200,000
of net operating loss carryforwards will be generated for federal and state tax purposes. The carryforwards, which may provide
future tax benefits, expire in 2034. Since this is the initial year for the Company as a taxable corporation, there are no net
operating loss carryforwards from prior years.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>13.</B></TD><TD STYLE="text-align: justify"><B>Lease Arrangements and Rent Expense</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Capital
Lease</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.5in">The Company leases
certain equipment under a non&#45;cancellable capital lease. The equipment under the lease is included in the accompanying consolidated
balance sheets as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><I>June&nbsp;30,</I></P></TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 22%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid">2013</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Equipment, irrigation and vehicles&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$147,101</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$147,101</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Accumulated depreciation&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(26,969)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(12,258)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 20pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$120,132</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$134,843</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 6pt; text-align: justify; text-indent: 0.5in">Future minimum
lease payments under the capital lease are included in the schedule of maturities of term debt (Note&nbsp;11).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.75in; text-align: justify; text-indent: -0.25in"><U>Operating
Leases</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.5in">The Company leases
certain equipment under non&#45;cancellable operating leases. The leases have original terms of 12 to 48&nbsp;months. The leases
provide for monthly rent payments and include various purchase options at the end of the lease terms. Rent expense totaled approximately
$200,000 and $49,000 for the year ended June&nbsp;30, 2014 and the period from October&nbsp;19, 2012 (date of inception) through
June&nbsp;30, 2013, respectively, for these non&#45;cancellable operating leases, of which $194,518 and $29,157, respectively,
has been capitalized in inventory.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.5in">Future minimum payments
under the leases are as follows:</P>


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<TR>
    <TD STYLE="width: 0.75in">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2015&#9;</TD>
    <TD STYLE="vertical-align: bottom; width: 21%; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$212,150</TD></TR>

<TR>
    <TD STYLE="width: 0.75in">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2016&#9;</TD>
    <TD STYLE="vertical-align: bottom; width: 21%; padding-right: 0.05in; padding-left: 0.05in; text-align: right">198,649</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">2017&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">167,639</P></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 20pt; text-indent: -10pt">Total&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$578,438</P></TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>14.</B></TD><TD STYLE="text-align: justify"><B>Retirement Plan</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">During 2013, the
Company adopted a trusteed qualified 401(k) plan for all eligible full&#45;time employees. The Plan permits employees to make contributions
up to the maximum limits allowed by the Internal Revenue Code. The Plan provides for mandatory safe&#45;harbor matching contribution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">The Company&rsquo;s
provision for matching contributions was approximately $44,000 and $12,000, for the year ended June&nbsp;30, 2014 and during the
period from October&nbsp;19, 2012 (date of inception) through June&nbsp;30, 2013, respectively.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>15.</B></TD><TD STYLE="text-align: justify"><B>Equity&#45;Based Compensation</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">The Company issued
units valued at approximately $1,389,000, equal to 5% of total member contributions on a fully diluted basis, in exchange for future
services of one member and will vest ratably over a two&#45;year period that ends December&nbsp;31, 2014. The pro rata amounts
of $694,658 and $347,329 have been included in the general and administrative expenses in the statements of operations for the
year ended June&nbsp;30, 2014 and the period from October&nbsp;19, 2013 (date of inception) to June&nbsp;30, 2013, respectively.
The remaining balance of $347,329 will be recognized during the fiscal year ended June&nbsp;30, 2015. Upon employment termination
of the member without cause, the unvested portion becomes fully vested. If the member terminates employment, there is an option,
as defined, to purchase a significant portion of income&#45; producing citrus groves that could impact the results of operations.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>16.</B></TD><TD STYLE="text-align: justify"><B>Major Customer</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">Sales to one major
customer aggregated 91% and 86%, of the Company&rsquo;s revenues for the year ended June&nbsp;30, 2014 and the period from October&nbsp;19,
2012 (date of inception) through June&nbsp;30, 2013, respectively, and outstanding receivables for this major customer as of June&nbsp;30,
2014 aggregated to 88%. There was no receivable from this customer as of June&nbsp;30, 2013. Management believes that there is
a market for its fruit with other processors if there is a termination of the current purchase and supply agreement with this major
customer.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>17.</B></TD><TD STYLE="text-align: justify"><B>Commitments and Contingencies</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">The Company is exposed
to various asserted and unasserted potential claims encountered in the normal course of business. In the opinion of management,
the resolution of these matters will not have a material effect on the Company&rsquo;s financial position or the results of the
operations of the Company.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>18.</B></TD><TD STYLE="text-align: justify"><B>Restatement</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">The Company&rsquo;s
financial statements as of June&nbsp;30, 2013 contained the following errors: (1)&nbsp;overstatement of purchased fruit by $2,794,201
and (2)&nbsp;overstatement of gain on bargain purchase of a business by $2,794,201. Had the errors not been made, gross profit
for 2013 would have been increased by $2,794,201 and total other income, net would have been decreased by $2,794,201. There was
no effect on total net income for 2013.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>19.</B></TD><TD STYLE="text-align: justify"><B>Subsequent Events</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">The Company has
evaluated events and transactions occurring subsequent to June&nbsp;30, 2014 as of December&nbsp;1, 2013, which is the date the
financial statements were available to be issued. Subsequent events occurring after December&nbsp;1, 2014 have not been evaluated
by management. No material events have occurred since June&nbsp;30, 2014 that require recognition or disclosure in the financial
statements, except as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.5in 12pt; text-align: justify">Additional land was sold on July&nbsp;21,
2014, resulting in net proceeds of approximately $5,800,000 and a gain of approximately $2,900,000. Certain lots of land were also
purchased on September&nbsp;4, 2014 for approximately $17,200,000. The funds for the land purchased were obtained through a loan
from Prudential amounting to approximately $11,110,000 and the proceeds from the sale of land. The loan is structured in two notes
(E and F) both for $5,500,000. Note&nbsp;E will bear interest at a rate of 3.85% and will be payable in quarterly principal installments
of $55,000 plus interest with a balloon payment of $4,109,174, including interest. Note&nbsp;E matures on September&nbsp;1, 2021.
Note&nbsp;F will bear interest at a rate of 3.45% and will be</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.5in 12pt; text-align: justify">payable in quarterly principal installments
of $55,000 plus interest with a balloon payment of $110,949, including interest. Note&nbsp;F matures on September&nbsp;1, 2039.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.5in 12pt; text-align: justify">In October 2014, the Company signed
a letter of intent to enter into a purchase agreement and plan of merger with a publicly traded company. Substantially all of the
proceeds will be paid with stock of the acquiring company. This transaction is expected to be completed during fiscal year end
2015.</P>


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<TYPE>EX-99.4
<SEQUENCE>5
<FILENAME>e62805ex99-4.htm
<DESCRIPTION>CONSOLIDATED FINANCIAL REPORT
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 99.4</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Orange&#45;Co,&nbsp;LP</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>and Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Financial Report</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>September&nbsp;30, 2014</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Table of Contents<BR></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 90%; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Independent Auditor&rsquo;s Report&#9;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Financial Statements</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Consolidated Balance Sheets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">2</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Consolidated Statements of Income&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">3</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Consolidated Statements of Changes in Partners&rsquo; Equity&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">4</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Consolidated Statements of Cash Flows&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Notes to Consolidated Financial Statements&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">6&nbsp;&ndash;&nbsp;11</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Independent Auditor&rsquo;s Report</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">To the Partners of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Orange&#45;Co,&nbsp;LP and Subsidiaries</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Arcadia, Florida</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Report on the Financial Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We have audited the accompanying consolidated
financial statements of Orange&#45;Co,&nbsp;LP and its subsidiaries which comprise the consolidated balance sheets as of September&nbsp;30,
2014, 2013 and 2012, and the related consolidated statements of income, changes in partners&rsquo; equity, and cash flows for the
years then ended and the related notes to the financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Management&rsquo;s Responsibility
for the Financial Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Management is responsible for the preparation
and fair presentation of these consolidated financial statements in accordance with accounting principles generally accepted in
the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation
and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Auditor&rsquo;s Responsibility</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Our responsibility is to express an
opinion on these consolidated financial statements based on our audits. We conducted our audits in accordance with auditing standards
generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the consolidated financial statements are free of material misstatement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">An audit involves performing procedures
to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend
on the auditor&rsquo;s judgment, including the assessment of the risks of material misstatement of the consolidated financial statements,
whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity&rsquo;s
preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate
in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity&rsquo;s internal control.
Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and
the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the
consolidated financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We believe that the audit evidence we
have obtained is sufficient and appropriate to provide a basis for our audit opinion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Opinion</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">In our opinion, the consolidated financial
statements referred to above present fairly, in all material respects, the financial position of Orange&#45;Co,&nbsp;LP and its
subsidiaries as of September&nbsp;30, 2014, 2013 and 2012, and the results of their operations and their cash flows for the years
then ended in accordance with accounting principles generally accepted in the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Emphasis of Matter Regarding Subsequent
Events</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">As discussed in Note&nbsp;15 to the
consolidated financial statements, the Partnership sold substantially all of its assets effective December&nbsp;1, 2014. Our opinion
is not modified with respect to this matter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">/s/ McGladrey LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Orlando, Florida</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">January&nbsp;15, 2015</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Orange&#45;Co,&nbsp;LP and Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Balance Sheets</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>September&nbsp;30, 2014, 2013 and
2012</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 58%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 14%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 14%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD>
    <TD STYLE="width: 14%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2012</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Assets</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Current Assets</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Cash&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$446,686</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$792,991</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$183,067</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Accounts receivable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>917,383</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">398,834</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">913,774</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Inventories&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>31,480,333</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">29,742,631</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">27,770,864</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Prepaid expenses and other assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>304,058</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">258,640</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">317,827</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt"><B>Total current assets</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>33,148,460</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">31,193,096</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">29,185,532</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Restricted Cash&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>184,950</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">52,847</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">52,725</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Property and Equipment, Net&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>92,615,407</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">95,084,352</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">94,577,269</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Equity Investments&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>1,987,186</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">509,797</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">499,349</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Other Assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>712,317</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">810,530</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">908,444</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$128,648,320</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$127,650,622</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$125,223,319</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt"><B>Liabilities and Partners&rsquo; Equity</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Current Liabilities</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Accounts payable and accrued liabilities&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$4,398,898</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$4,975,130</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$3,088,940</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Current maturities of long&#45;term debt&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>5,457,568</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5,457,568</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">10,034,668</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Line of credit&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>20,475,000</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&mdash;</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">15,950,000</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt"><B>Total current liabilities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>30,331,466</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">10,432,698</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">29,073,608</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Long&#45;Term Debt, Net of Current Maturities&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>87,278,240</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">92,735,808</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">93,379,159</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Line of Credit&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&mdash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">15,423,585</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&mdash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total liabilities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>117,609,706</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">118,592,091</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">122,452,767</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Commitments and Contingencies (Notes&nbsp;8, 11, 13 and 15)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total Partners&rsquo; Equity</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>11,038,614</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">9,058,531</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">2,770,552</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$128,648,320</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$127,650,622</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$125,223,319</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><I>See Notes to Consolidated Financial
Statements.</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Orange&#45;Co,&nbsp;LP and Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Statements of Income</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Years Ended September&nbsp;30, 2014,
2013 and 2012</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 61%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 13%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 13%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD>
    <TD STYLE="width: 13%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2012</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Sales&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$71,925,218</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$67,376,458</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$74,669,036</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Cost of sales&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>42,781,841</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">44,309,130</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">41,057,292</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt"><B>Gross profit</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>29,143,377</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">23,067,328</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">33,611,744</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Selling, general, and administrative expenses&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>3,853,782</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">6,746,134</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">3,696,435</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Impairment loss on oak tree and sod inventory&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&mdash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&mdash;</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">735,186</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Operating profit</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>25,289,595</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">16,321,194</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">29,180,123</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Financial Income (Expense):</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Interest expense&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(4,310,193)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(4,523,400)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(4,636,695)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Interest income&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>681</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">186</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">3,616</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 30pt; text-indent: -10pt"><B>Total financial expense</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(4,309,512)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(4,523,214)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(4,633,079)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 30pt; text-indent: -10pt"><B>Net income</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$20,980,083</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$11,797,980</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$24,547,044</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><I>See Notes to Consolidated Financial
Statements.</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Orange&#45;Co,&nbsp;LP and Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Statements of Changes
in Partners&rsquo; Equity</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Years Ended September&nbsp;30, 2014,
2013 and 2012</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 52%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 16%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>General<BR>
        Partner</B></P></TD>
    <TD STYLE="width: 16%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Limited<BR>
        Partner</B></P></TD>
    <TD STYLE="width: 16%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Total</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Balances, September&nbsp;30, 2011&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$(16,647,339)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$15,870,847</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$(776,492)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Distributions&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(10,353,787)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(10,646,213)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(21,000,000)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Net income&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">12,102,613</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">12,444,431</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">24,547,044</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Balances, September&nbsp;30, 2012&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$(14,898,513)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$17,669,065</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$2,770,552</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Distributions&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(2,923,068)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(2,586,933)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(5,510,001)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Net income&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">6,258,855</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">5,539,125</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">11,797,980</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Balances, September&nbsp;30, 2013&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(11,562,726)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">20,621,257</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">9,058,531</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Distributions&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(9,499,726)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(9,500,274)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(19,000,000)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Net income&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">10,489,739</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">10,490,344</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">20,980,083</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt"><B>Balances, September&nbsp;30, 2014</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$(10,572,713)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$21,611,327</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$11,038,614</B></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><I>See Notes to Consolidated Financial
Statements.</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Orange&#45;Co,&nbsp;LP and Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Consolidated Statements of Cash Flows</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Years Ended September&nbsp;30, 2014,
2013, 2012</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 52%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 16%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 16%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD>
    <TD STYLE="width: 16%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2012</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Cash Flows From Operating Activities</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Net income&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$20,980,083</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$11,797,980</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$24,547,044</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Adjustments to reconcile net income to net cash provided&nbsp;by operating activities:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Depreciation and amortization&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>4,680,088</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">4,456,188</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">4,305,628</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Loss (gain) on equity investments&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>22,611</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(10,445)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">61,529</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Impairment loss on oak tree and sod inventory&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&mdash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&mdash;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">735,186</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Loss (gain) on sale of equipment&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>3,597</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(124,740)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(6,708)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 30pt; text-indent: -10pt">Changes in operating assets and liabilities:</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 40pt; text-indent: -10pt">Accounts receivable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(518,549)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">514,940</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(669,399)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 40pt; text-indent: -10pt">Inventories&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(1,737,702)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(1,971,767)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(3,186,669)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 40pt; text-indent: -10pt">Prepaid expenses and other assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(45,418)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">59,187</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(23,957)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 40pt; text-indent: -10pt">Other assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&mdash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&mdash;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(74,877)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 40pt; text-indent: -10pt">Accounts payable and accrued liabilities&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(576,232)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">1,886,190</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(1,031,977)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 50pt; text-indent: -10pt"><B>Net cash provided by operating activities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>22,808,478</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">16,607,533</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">24,655,800</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Cash Flows From Investing Activities</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Proceeds from sale of equipment&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>51,681</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">286,862</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">102,424</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Additions to property and equipment&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(3,668,208)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(5,027,482)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(4,480,635)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Change in restricted cash&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(132,103)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(122)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(2,725)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 50pt; text-indent: -10pt"><B>Net cash used in investing activities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(3,748,630)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(4,740,742)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(4,380,936)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Cash Flows From Financing Activities</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Principal payments on line of credit&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(48,598,585)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(28,485,000)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(34,750,000)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Draws on line of credit&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>53,650,000</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">27,958,585</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">34,350,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Principal payments on long&#45;term debt&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(5,457,568)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(5,220,451)</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">(4,123,168)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 20pt; text-indent: -10pt">Proceeds from long&#45;term debt&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&mdash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&mdash;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5,385,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Distributions&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(19,000,000)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(5,510,001)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(21,000,000)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 50pt; text-indent: -10pt"><B>Net cash used in financing activities</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(19,406,153)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(11,256,867)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(20,138,168)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 50pt; text-indent: -10pt"><B>Net (decrease) increase in cash</B>&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>(346,305)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">609,924</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">136,696</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Cash</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 20pt; text-indent: -10pt">Beginning&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>792,991</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">183,067</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">46,371</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 20pt; text-indent: -10pt">Ending&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$446,686</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$792,991</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$183,067</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Supplemental Disclosure of Cash Flow Information</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 20pt; text-indent: -10pt">Cash paid for interest, net of amount capitalized&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$4,230,498</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$4,326,284</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$5,475,919</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">Transfer of land for equity investment in Citree Holdings 1,&nbsp;LLC&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$1,500,000</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$&mdash;</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$&mdash;</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><I>See Notes to Consolidated Financial
Statements.</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><B>Orange&#45;Co,&nbsp;LP and Subsidiaries</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><B>Notes to the Consolidated Financial
Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;1.&#9;Nature
of Business, Principles of Consolidation, and Significant Accounting Policies</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in"><B>Nature of business
and operations:</B> Orange&#45;Co,&nbsp;LP and its wholly owned subsidiaries, CI Groves,&nbsp;LLC and Bermont Reservoir,&nbsp;LLC,
(collectively, the Partnership), are principally engaged in growing and marketing citrus fruit and grove caretaking in Southwest
Florida.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in"><B>Basis of presentation:</B>
The accompanying consolidated financial statements are prepared on the accrual basis of accounting in accordance with accounting
principles generally accepted in the United States of America (US&nbsp;GAAP).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in"><B>Principles of
consolidation:</B> The consolidated financial statements include the financial statements of Orange&#45;Co,&nbsp;LP and its wholly&#45;owned
subsidiaries: CI Groves,&nbsp;LLC and Bermont Reservoir,&nbsp;LLC. Significant intercompany balances and transactions have been
eliminated in consolidation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">A summary of the
Partnership&rsquo;s significant accounting policies follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify"><B>Revenue recognition:</B> Revenues
are recognized at the time the crop is harvested and delivered to citrus processors or fresh fruit packers. Under the terms of
certain fruit marketing agreements, the Partnership is eligible for additional income if certain market price based measures are
met. This income is recognized when the Partnership has determined that the market price based measures have been met and collectibility
is assured.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify"><B>Accounts receivable:</B> Credit
is extended based on an evaluation of the customer&rsquo;s financial condition, collateral is not required. Credit losses are provided
for as needed in the financial statements and consistently have been within management&rsquo;s expectations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify">As of September&nbsp;30, 2014,
2013, and 2012, in the opinion of management, all accounts were considered fully collectible and, accordingly, no allowance was
deemed necessary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify"><B>Inventories:</B> Unharvested
fruit crop is stated at the lower of cost or market. The cost for unharvested fruit crop is based on the accumulated production
costs during the growing cycle.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify">Inventories of parts and supplies
are recorded at cost on a first&#45;in first&#45;out basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify"><B>Income taxes:</B> The partners
of Orange&#45;Co,&nbsp;LP and subsidiaries are taxed as a partnership and the stockholders of Orange&#45;Co,&nbsp;LP and subsidiaries
have elected to be taxed under Subchapter&nbsp;S of the Internal Revenue Code. Accordingly, the partners and stockholders will
report their proportionate share of partnership and corporate income, loss and any specifically allocated income or deductions
on their individual tax returns. Therefore, the Partnership will not incur federal income tax obligations and the financial statements
do not include a provision for federal income taxes; however, the Partnership will continue to provide for appropriate state income
taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify">In addition, management has assessed
whether there were any uncertain tax positions which may give rise to income tax liabilities and determined that there were no
such matters requiring recognition in the accompanying combined financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify"><B>Property and equipment:</B>
Property and equipment are recorded at cost less accumulated depreciation. Depreciation is recognized using the straight&#45;line
method over the estimated useful lives of the applicable assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify">Costs pertaining to planting and
caretaking of citrus trees are initially capitalized and then, after the trees reach commercially viable fruit&#45;producing status
(typically three years), depreciated over the estimated life of the trees. Interest is capitalized in connection with young trees
planted prior to their productive stage. The capitalized interest is amortized over the related asset&rsquo;s useful life through
depreciation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">Maintenance, repairs, and minor
renewals are charged to expense as incurred while major renewals and improvements that extend useful lives are capitalized. The
cost and related allowance for depreciation of assets sold or otherwise disposed of are removed from the related accounts, and
the resulting gains or losses are reflected in the statement of income.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"><B>Impairment of long&#45;lived
assets:</B> Long&#45;lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying
amount of an asset or asset group may not be recoverable. Recoverability of assets to be held and used is measured by a comparison
of the carrying amount of an asset or asset group to future net cash flows</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">expected to be generated by the
asset. If such are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount
of the assets or asset group exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying
amount or fair value less costs to sell.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"><B>Deferred loan costs:</B> Deferred
loan costs are being amortized over the term of the related loan using the straight&#45;line method, which closely approximates
the effective interest method. Accumulated amortization of deferred loan costs amounted to approximately $1,184,600, $1,086,400
and $988,400 as of September&nbsp;30, 2014, 2013 and 2012, respectively. Amortization expense of deferred loan costs was approximately
$98,000, $98,000 and $117,000 for the years ended September&nbsp;30, 2014, 2013 and 2012, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"><B>Use of estimates:</B> The preparation
of financial statements in conformity with accounting principles generally accepted in the United States of America requires management
to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets
and liabilities at the date of the financial statements. These estimates also affect the reported revenues and expenses during
the period. Actual results could differ from the estimated amounts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"><B>Income taxes:</B> The partners
of Orange&#45;Co,&nbsp;LP are taxed as a partnership under the Internal Revenue Code. Accordingly, the partners will report their
proportionate share of partnership income, loss and any specifically allocated income or deductions on their individual tax returns.
Therefore, the Partnership will not incur federal income tax obligations and the consolidated financial statements do not include
a provision for federal income taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">In addition, management has assessed
whether there were any uncertain tax positions which may give rise to income tax liabilities and determined that there were no
such matters requiring recognition in the accompanying consolidated financial statements. The Partnership files income tax returns
in the U.S. federal jurisdiction and the State of Florida. The Partnership is no longer subject to U.S. federal, state and local,
or non&#45;U.S. income tax examinations by tax authorities for years before 2011.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"><B>Financial instruments fair
value, credit risks, and off&#45;balance sheet risk:</B> The carrying amounts reported in the consolidated balance sheets for accounts
receivable and accounts payable and accrued liabilities approximate fair value due to the short&#45;term maturity of these financial
instruments. The carrying amount of the line of credit approximates fair value due to the variable interest rate of the debt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">Based on the borrowing rates currently
available to the Partnership for bank loans with similar terms and average maturities, the fair value of long&#45;term debt is
approximately $93,041,000, $98,781,000, and $104,329,000 as of September&nbsp;30, 2014, 2013 and 2012, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"><B>Concentration of risks:</B>
The citrus industry is subject to various factors over which growers have limited or no control, including weather conditions,
disease, pestilence, water supply, and market price fluctuations. Market prices are highly sensitive to aggregate domestic and
foreign crop sizes, as well as other factors including, but not limited to, weather and competition from foreign countries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">The Partnership maintains its
cash in bank deposit accounts, which, at times, may exceed federally insured limits. However, the Partnership has not experienced
any losses in such accounts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"><B>Subsequent events:</B> Management
has evaluated and noted no subsequent events that require adjustment to or disclosure in the consolidated financial statements
through January&nbsp;15, 2015, which is the date the consolidated financial statements were available to be issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"><B>Recently issued accounting
pronouncements:</B> The Financial Accounting Standards Board (FASB) and other entities issued new or modifications to, or interpretations
of, existing accounting guidance during the year ended September&nbsp;30, 2014. The Partnership has considered the new pronouncements
that altered accounting principles generally accepted in the United States of America and does not believe that any other new or
modified principles will have a material impact on the Partnership&rsquo;s reported financial position or operations in the near
term.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;2.&#9;Partnership
Agreement</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The following is
a summary of the significant provisions of the Orange&#45;Co,&nbsp;LP limited partnership agreement (the Agreement) made and entered
on March&nbsp;7, 2003. The general partner is Orange&#45;Co,&nbsp;LLC which owns 1% and the limited partner is Orange&#45;Co,&nbsp;Inc.
which owns 99%.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><U>Organization
and nature of operations</U>: The purpose of the Partnership is to engage in any and all activates permitted under law. The Partnership
owns and operates an agricultural business, which focuses on the development of citrus groves in the state of Florida, as well
as other agricultural operations such as harvesting and grove caretaking services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><U>Allocations and
distributions</U>: The limited partnership agreement provides that the partnership&rsquo;s profits and losses shall be allocated
in proportion to the cash distributed to each Partner.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Partnership distributions
shall be made at such time and in such amounts as determined by the General Partner; provided, however, that in any event, the
Partnership shall distribute to the Partners on or before April&nbsp;1 of each year an amount sufficient to permit the Partners
to pay their federal and state income tax on earnings of the Partnership for the immediately preceding fiscal year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;3.&#9;Accounts
Receivable</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The major components
of accounts receivable as of September&nbsp;30 are summarized as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 70%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD>
    <TD STYLE="width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2012</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Trade receivables, grove owners&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$573,235</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$184,657</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$173,335</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Receivable from water management district&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>&ndash;</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">161,336</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">690,326</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Other&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>344,148</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">52,841</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">50,113</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$917,383</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$398,834</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$913,774</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 12pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;4.&#9;Inventories</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The major components
of inventories as of September&nbsp;30 are summarized as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 61%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 13%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 13%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD>
    <TD STYLE="width: 13%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2012</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Fruit&#45;on&#45;tree inventory&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$29,629,810</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$27,511,698</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$26,538,554</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Tree inventory&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>961,601</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">989,972</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">621,663</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Parts and supplies&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>888,922</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">1,240,961</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">610,647</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$31,480,333</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$29,742,631</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$27,770,864</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">During fiscal year
2012, the Partnership recorded impairment losses on oak tree and sod inventories of approximately $735,200. The impairment lost
resulted in the cost basis of the oak tree and sod inventories being reduced to zero as the Partnership estimated that there are
no future cash flows that can be generated by the oak tree and sod inventories.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;5.&#9;Equity
Investments</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Equity Investments
as of September&nbsp;30 are summarized as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 45%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><B>Name</B></P></TD>
    <TD STYLE="width: 12%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Principal<BR>
        Product/<BR>
        Service</B></P></TD>
    <TD STYLE="width: 11%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Ownership<BR>
        Percentage</B></P></TD>
    <TD STYLE="width: 12%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD>
    <TD STYLE="width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2012</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Investment in Citree Holdings 1,&nbsp;LLC&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">Citrus</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">49%</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$1,500,000</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$&ndash;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Investment in Graham Road Partners,&nbsp;LLC&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in">Citrus</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; text-align: right">50%</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>487,186</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">509,797</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">499,349</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-bottom: 2pt; padding-left: 0.05in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-bottom: 2pt; padding-left: 0.05in; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$1,987,186</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$509,797</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$499,349</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">The Partnership&rsquo;s
equity investments are accounted for using the equity method. The Partnership has elected to account for equity investments using
the equity method because they have the ability to siginificantly influence the operations of each entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The aggregate unaudited
financial position of Citree Holdings 1,&nbsp;LLC and Graham Road Partners,&nbsp;LLC are summarized as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 68%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD>
    <TD STYLE="width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2012</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Current assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$350,459</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$29,718</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$49,373</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Current liabilities&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(247,029)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(10,595)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(248)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Working capital&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>103,430</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">40,313</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">49,125</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Noncurrent assets&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>6,033,044</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">931,447</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">944,124</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Noncurrent liabilities&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(500,000)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
</TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 68%; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 12%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>5,533,044</B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">931,447</P></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">944,124</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">Partnerships&rsquo; equity&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$5,636,474</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$971,760</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$993,249</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">Contribution to income
(loss) for each investment for the years ended September&nbsp;30, 2014, 2013, and 2012 is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 69%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 9%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD>
    <TD STYLE="width: 11%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2012</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Investment in Graham Road Partners,&nbsp;LLC&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$(22,611)</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$10,448</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$(61,529)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Investment in Citree Holdings 1,&nbsp;LLC&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>&ndash;</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">&ndash;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$(22,611)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$10,448</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$(61,529)</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 12pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;6.&#9;Property
and Equipment</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The major components
of property and equipment as of September&nbsp;30 are summarized as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 44%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 14%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Estimated<BR>
        Useful Lives</B></P></TD>
    <TD STYLE="width: 14%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 14%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD>
    <TD STYLE="width: 14%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2012</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Citrus trees&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: center">25&nbsp;years</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$94,130,728</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$91,912,985</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$89,411,696</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Land and land improvements&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: center">5&nbsp;&#45;&nbsp;20&nbsp;years</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>28,714,619</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">29,385,060</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">28,221,010</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Machinery and equipment&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: center">5&nbsp;&#45;&nbsp;10&nbsp;years</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>11,742,443</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">11,432,833</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">11,218,915</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Buildings and improvements&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: center">40&nbsp;years</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>3,768,762</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">3,755,029</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">3,735,299</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Construction in progress&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; text-align: center">n/a</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>44,800</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">43,998</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">7,113</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>138,401,352</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">136,529,905</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">132,594,033</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Less accumulated depreciation&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(45,785,945)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(41,445,553)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(38,016,764)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-bottom: 2pt; padding-left: 0.05in; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$92,615,407</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$95,084,352</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$94,577,269</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">Depreciation expense
was approximately $4,581,900, $4,358,000, $4,189,000 for the years ended September&nbsp;30, 2014, 2013, and 2012, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;7.&#9;Accounts
Payable and Accrued Liabilities</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The major components
of accounts payable and accrued liabilities as of September&nbsp;30 are summarized as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 12%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD>
    <TD STYLE="width: 12%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2012</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Trade accounts payable&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$1,463,707</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$2,053,074</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$679,558</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Property taxes&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>1,484,001</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,385,169</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">1,289,533</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Interest&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>739,059</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">757,577</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">658,372</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Management fees&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>282,489</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">282,489</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">&ndash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Net due purchaser of citrus processing operations&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>140,450</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">206,131</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">206,131</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Payroll and payroll related expenses&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>98,680</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">84,914</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">83,537</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Other&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>190,512</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">205,776</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">171,809</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$4,398,898</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$4,975,130</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$3,088,940</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 12pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;8.&#9;Line
of Credit</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">During 2007, the
Partnership entered into a revolving line of credit with a financial institution for an amount not to exceed $30,000,000. The line
of credit is used to finance seasonal working capital and for other corporate purposes and was renewed in August 2013 to expire
on August&nbsp;28, 2015. The line of credit is collateralized by accounts receivable, inventory (fruit crop), cash and cash equivalents
and other current assets. The line of credit contains covenants requiring a minimum debt service coverage ratio and a minimum tangible
net worth. The outstanding balance under this line of credit as of September&nbsp;30, 2014, 2013 and 2012, was $20,475,000, $15,423,585,
and $15,950,000 respectively. Interest is due on a quarterly basis at LIBOR plus 1.75% (1.89% as of September&nbsp;30, 2014) or
at the Prime Rate of interest as chosen by the Partnership. The line of credit requires a facility fee of 0.5% on the unused balance
of the line, which is due quarterly in arrears.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">See further discussion
regarding the Partnership&rsquo;s line of credit in Note&nbsp;15 to these consolidated financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;9.&#9;Long&#45;Term
Debt</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Long&#45;term debt
as of September&nbsp;30 consists of the following:</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 60%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 13%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD STYLE="width: 13%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD>
    <TD STYLE="width: 14%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2012</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Mortgage note payable bearing interest at 4.25%, due in quarterly principal payments of $964,250 plus accrued interest through November 2021, with the remaining balance due on February&nbsp;5, 2022. The note is subject to financial and nonfinancial covenants including minimum tangible net worth and excess indebtedness requirements, and is collateralized by specific grove blocks&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$68,461,750</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$72,318,750</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$76,175,750</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Mortgage note payable bearing interest at 4.25%, due in quarterly principal payments of $223,250 plus accrued interest through November 2021, with the remaining balance due on February&nbsp;5, 2022. The note is subject to financial and nonfinancial covenants including minimum tangible net worth and excess indebtedness requirements, and is collateralized by specific grove blocks&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>15,850,750</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">16,743,750</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">17,636,750</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Mortgage note payable bearing interest at 4.00%, due in quarterly principal payments of $60,225 plus accrued interest through January&nbsp;1, 2023. The remaining balance is due on April&nbsp;1, 2023. The note is subject to nonfinancial covenants and is collateralized by specific grove blocks&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>4,456,650</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">4,697,550</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">4,818,000</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Mortgage note payable bearing interest at 6.9%, due in quarterly principal payments of $116,667 plus accrued interest through January&nbsp;1, 2017. The note is subject to nonfinancial covenants and is collateralized by specific grove blocks&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>3,966,658</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">4,433,326</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">4,783,327</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>92,735,808</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">98,193,376</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">103,413,827</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Less current portion&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid"><B>(5,457,568)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(5,457,568)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">(10,034,668)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double"><B>$87,278,240</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$92,735,808</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$93,379,159</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">Scheduled Principal
payments for the years subsequent to 2014 are as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 88%; padding-right: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><B>Year Ending September&nbsp;30,</B></P></TD>
    <TD STYLE="width: 12%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Amount</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2015&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$5,457,568</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2016&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">5,457,568</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2017&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">8,024,222</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2018&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">4,990,900</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">2019&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">4,990,900</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Thereafter&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: right; border-bottom: Black 0.5pt solid">63,814,650</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 2pt; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: right; border-bottom: Black 1.5pt double">$92,735,808</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in">See further discussion
of the Partnership&rsquo;s long&#45;term debt in Note&nbsp;15 to these consolidated financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Interest costs,
exclusive of amortization of loan costs, incurred during the years ended September&nbsp;30, 2014, 2013 and 2012 amounted to approximately
$4,444,100, $4,725,400 and $4,986,900, respectively. Interest capitalized on property and equipment during the years ended September&nbsp;30,
2014, 2013 and 2012 was approximately $232,100, $299,900 and $467,200, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;10.&#9;401(k)
Plan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">The Partnership
sponsors a defined contribution retirement plan that meets the qualifications under Section&nbsp;401(k) of the Internal Revenue
Code. Employees who have completed the required service (as defined) are eligible to make tax&#45;deferred contributions and to
participate in an employer matching contribution. For the years ended September&nbsp;30, 2014, 2013 and 2012, the employer matching
contribution amounted to approximately $131,700, $124,400, and $167,900, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;11.&#9;Sale
of Citrus Processing Operations</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">During the year
ended September&nbsp;30, 1999, a controlling interest in Orange&#45;Co,&nbsp;Inc. was sold to certain investors. During the year
ended September&nbsp;30, 2001, the Partnership recorded a net liability of $1,669,077 related to net cash collected on the behalf
of the purchaser for potential self&#45;insurance claims accrued before the sale and the final settlement of the sale of its citrus
processing, packaging and other beverages business. The remaining amount of approximately $50,000 escrowed in connection with this
original liability is included in restricted cash in the accompanying consolidated balance sheets at September&nbsp;30, 2014, 2013,
and 2012. In addition, the Partnership was required to and has maintained a letter of credit with a financial institution in the
amount of $100,000 in connection with this liability as of September&nbsp;30, 2014, 2013 and 2012.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;12.&#9;Concentrations</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">The Partnership&rsquo;s
sales concentration for the years ended September&nbsp;30 is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2014</B></P></TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2013</B></P></TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>2012</B></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 31%; padding-right: 0.05in; padding-bottom: 1pt; padding-left: 0.05in; font-size: 9pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 13%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Sales</B></P></TD>
    <TD STYLE="width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Percent<BR>
        of Sales</B></P></TD>
    <TD STYLE="width: 13%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Sales</B></P></TD>
    <TD STYLE="width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Percent<BR>
        of Sales</B></P></TD>
    <TD STYLE="width: 13%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Sales</B></P></TD>
    <TD STYLE="width: 10%; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Percent<BR>
        of Sales</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Customer A&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$55,732,499</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>77%</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$52,129,778</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">77%</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$58,884,521</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">79%</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.05in; padding-left: 10pt; text-indent: -10pt">Customer B&#9;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>$8,724,622</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right"><B>12%</B></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">*</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">*</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">$11,847,148</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.05in; padding-left: 0.05in; text-align: right">16%</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 10pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;13.&#9;Commitments
and Contingencies</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">The Partnership
is subject to various claims, contract negotiations, and disputes in the normal course of business. The Partnership provides for
losses, if any, in the year in which they can be reasonably estimated. In management&rsquo;s opinion, there are currently no such
matters outstanding that would have a material adverse effect on the accompanying consolidated financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">The Partnership
has one long&#45;term fruit sales contract with a major national juice brand marketer, Customer&nbsp;A above, to sell early&#45;mid
season and Valencia oranges. The contract has a five&#45;year term, expiring at the end of the 2015/2016 fruit processing season.
The Partnership is required to deliver the production of fruit for specified grove blocks for a minimum &ldquo;floor&rdquo; price
per pound of orange juice solids, plus a payment or &ldquo;rise&rdquo; should market prices exceed floor prices. The specified
grove blocks under this contract compose approximately 85% of the Partnership&rsquo;s production acreage. The Partnership sells
production from the remaining groves opportunistically via short&#45;term contracts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;14.&#9;Related
Parties</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">During the years
ended September&nbsp;30, 2014, 2013, and 2012 the Partnership incurred approximately $894,500, $4,269,000, and $1,426,000, respectively,
in management fees to companies related through common ownership and management.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">During the year
ended September&nbsp;30, 2013, the Partnership paid approximately $14,000 to a company that is controlled substantially by the
same owners and member of the Partnership to reimburse for insurance premiums paid on the Partnership&rsquo;s behalf.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">During the year
ended September&nbsp;30, 2012, the Partnership received approximately $35,000, for consulting services rendered to a company that
is controlled substantially by the same owners and member of the Partnership, which is included in sales on the consolidated statements
of income.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Note&nbsp;15.&#9;Subsequent
Event</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">On December&nbsp;1,
2014, all of the Partnership&rsquo;s assets were sold for approximately $275,294,000. The transaction was treated as a purchase
and sale of the Partnership&rsquo;s assets for federal income tax purposes. A portion of the proceeds from the sale were used to
pay off the Partnership&rsquo;s line of credit and long&#45;term debt disclosed in Notes&nbsp;8 and 9 of these consolidated financial
statements.</P>

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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
