Drive Shack Inc. Preferred Series B

Drive Shack Inc is an owner and operator of golf-related leisure and entertainment businesses. The company conducts its business through three primary segments: Traditional Golf properties, Entertainment Golf venues and corporate. The Traditional Golf properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of investments in loans and securities. The majority of the firm’s revenue gets derived from the Traditional Golf Properties segment.