EFTA01752313

From: AN Glass To: leeyacation gmai .com <jeevacation©gmail.com> Subject: FW: Sent: Tuesday, June 9, 2015 5:05:13 PM Jeffrey, Following up on email below and out last meeting. Do you arrive at a final number? And if so is it ok if I send a proposed "draw down" timeline? —meant to coincide with allocations we would make to most effectively put it to work. I'm available if you have anything further to discuss. Best regards Ari Ps- May finished up very well but June is only very modestly positive as of right now. From: An Glass Sent: Tuesday, May 26, 2015 10:58 AM To: 'Jeffrey Epstein' Subject: Jeffrey It was good to see you last week. Thanks for your time and you vote of confidence. The additional capital will allow us to both lower fixed expenses as a percentage of AUM, as well as to be able to allocate to some managers whose minimum for managed accounts exceeded my concentration risk tolerance. Regarding the $30-50m, we will not have time to prepare to pull anything down for June 1, so will start small in July if that works for you. Once you know a more definitive amount in that range, we will start speaking to some of those managers to negotiate allocation sizes, etc. and prepare to take the money down over the following few months. Best regards Ari An Glass Boothbay Management Managing Member 810 7th Ave Suite 615 New York, NY 10019 The information contained in this e-mail and any attachments may be legally privileged, proprietary and/or confidential. If you arc not an intended recipient, you arc hereby notified that any use, copying, disclosure or distribution of all or any portion of this e-mail and any attachments is strictly prohibited. If you received this c-mail in error, please notify the sender, permanently delete the e-mail and any attachments, and destroy all hard copies immediately. This communication should not be regarded as an offer, solicitation or recommendation to sell or purchase any security or other financial product. Boothbay and its related entities reserve the right to monitor and/or save all e-mail communications through their networks. EFTA_R1_00050966 EFTA01752313