Item 5.06. Change in Shell Company Status

As previously reported on Form 8-K filed June 8, 2012, First Corporation purchased a ten percent interest in Gecko Landmarks Limited along with an option to purchase an additional 23% interest. Information regarding the transaction, the business of Gecko Landmarks Limited and First Corporation is in the Information Statement on Schedule 14C filed on May 8, 2012, the Information Statement on Schedule 14C filed on October 1, 2012, the Form 8-K filed on June 8, 2012 and First Corporation's Annual Report on Form 10-K for the year ended September 30, 2012 filed on January 7, 2013. We believe that as a result of the completion of this transaction, First Corporation is no longer a "shell company" as that term is defined in Rule 405 under the Securities Act of 1933, as amended, and Rule 12b-2 under the Securities Exchange Act of 1934, as amended.