Cooper C. Collins

Mr. Collins has served as President of the Company since January 2007 and became Chief Executive Officer concurrent with the merger with Golf Trust of America, Inc. (“GTA”) on March 9, 2010. Cooper C. Collins has been a member of the Pernix board of directors since January 2007. During his six year career with Pernix, Mr. Collins has worked in every capacity from sales representative to the executive level. Mr. Collins has been responsible for acquiring products and assets, attracting investors and increasing the overall efficiency of the organization. As a sales representative, he improved territory sales by over 300% in the first year and quickly moved into management. While serving as President, Mr. Collins has contributed to the Company’s overall profit increasing over 100% from the year ended December 31, 2007 to the year ended December 31, 2008. Prior to joining Pernix, Mr. Collins was employed by the NFL franchise The New Orleans Saints in their media relations department for three years. He also developed and sold a small internet company while earning a full football scholarship, a B.A. and a M.B.A. from Nicholls State University in Thibodaux, Louisiana.