After many months, today SMIF heard its last pitch of the year! Zach Alerhand ended on a strong note, pitching Iron Mountain to the class. Iron Mountain is a global business dedicated to storing, protecting, and managing information and assets. The company, although not a traditional Real Estate company, is in the REIT sector. Being a REIT, Iron Mountain is required to pay 90% of its taxable income annually in the form of shareholder dividends. Zach made a point to note that the company is remarkably stable. He believes that though there may be little price appreciation when holding Iron Mountain, there will be a stable and ever-increasing dividend. He believes the company will find growth opportunities in the coming years as it expands its operations overseas, namely in Europe and Australia. All in all, Iron Mountain is a stable company with trusted clients that will provide dividend income for years to come. Zach proposed to purchase 400 shares of Iron Mountain – the motion passed 28:2.