EFTA02582644

From: Jeanne Brennan <IMMIII MI Sent: Friday, April 4, 2014 9:51 PM To: [email protected] Subject: Projection numbers Jeffrey, We spoke with Erika today and discussed the FSG projections. Currently we have projected $8.4 m of gross income with a net income before employee cost and government fees of $6.7m. Which would require 9 employees based on the 1 additional employee for every $1,000,000 of net income. Her thoughts were to be conservative on the income projections. Currently the largest revenue line item is consulting at $5M. Erika will discuss later waiver possibilities on employee numbers. Cecile has the position to be 5 : President , VP Equity, VP derivatives, VP financial accounting, administrative assistant. Should I adjust the projected revenues down - using line item of consulting income from 5 million to 1 million - to project a net income that would require 5 employees.? Jeanne Jeanne Brennan Wiebracht, CPA The information contained in this e-mail may be privileged, confidential, and protected from disclosure. If you are not the intended recipient, you are hereby notified that any dissemination, distribution or duplication of this communication is strictly prohibited. If you have received this communication in error, please notify the sender immediately and delete all copies. <?xml version="1.0" encoding="UTF-8"?> <!DOCTYPE plist PUBLIC "-//Apple//DTD PLIST 1.0//EN" "http://www.apple.com/DTDs/PropertyList-1.0.dtd"> <plist version="1.0"> <dict> <key>conversation-idgkey> <integer>287496</integer> <key>date-last-viewed</key> <integer>0</integer> <key>date-received</key> <integer>1396648259</integer> <key>flags</key> <integer>8590195717</integer> <key>gmail-label-ids</key> <array> <integer>6</integer> <integer>2</integer> </array> EFTA_R1_01760412 EFTA02582644 <key>remote-ick/key> <string>401107</string> </dict> </plist> 2 EFTA_R1_01760413 EFTA02582645