EFTA02594093

From: jeffrey E. <[email protected]> Sent: Wednesday, November 5, 2014 4:03 PM To: Richard Kahn Subject: Re: Global Black Balance 2014 and FY 2015 i thought pressented terribly On Wed, Nov 5, 2014 at 11:59 AM, Ric=ard Kahn < <mailto wrote: i thought s=hedules on initial email were not presented well (info, presentation, conc=seness, etc) attached schedule is better presenta=ion but i believe they need to analyze cash flow monthly as there are many=moving pieces .. > > attached does not break down 201= / 2015 expenses also questioned a few numbers such as 2015 EST =axes which seemed low, 1mm per month for only 3 households seems high, tow=house construction 11mm seems low however maybe there is a lag to build wa=ting on design and permits, no fees included for you? should i review with rich joslin? please advise thanks Richard Kahn HBRK Associates Inc. New York, NY 10022 to /a> fax <tel cell <tel > Begin forwarded message: <=iv style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:=px">=b>From: Richard=Joslin <mailto -> > Subject: Global Black Balance 2014 and FY 20=5 Date: November 4, 2014 at 5:04:09 PM EST <=pan style="font-family:'Helvetica1;color:rgba(0,0,0,1.0)">To:=jeffrey E. <=a href="mailto:[email protected]" target="_blank">jeevacation@gmai=.com> EFTA_R1_01777791 EFTA02594093 Cc: "Richard Kahn ( <mailto > )" c/=iv> Rich — Let's discuss expenses I may be missing. Art consulta=t — placeholder only JEE-<=> I did not put the $2MM amount down =ue to privacy issues. I can add re=I estate tax — some of these items are paid via the $1SMM of =80 Household" =A0 =C2 Richard J=slin CFO Elysium Management LLC 445 Park Ave Ste. 1401=/u> New York, NY 10022 (w (c) (f) r/u> 2 EFTA_R1_01777792 EFTA02594094 =C2 please note The information contained in t=is communication is confidential, may be attorney-client privileged, ma= constitute inside information, and is intended only for the use of =he addressee. It is the property of JEE Unauthorized use, disclosure=or copying of this communication or any part thereof is strictly prohib=ted and may be unlawful. If you have received this communication in =rror, please notify us immediately by return e-mail or by e-mail to [email protected]=m, and destroy this communication and all copies thereof, includ=ng all attachments. copyright -all rights reserved 3 EFTA_R1_01777793 EFTA02594095