From: "Jeffrey E." <[email protected]>

From: "Jeffrey E." <[email protected]> To: Richard Kahn Subject: Re: Southern Financial Additional Subscription to Boothbay - March Date: Fri, 26 Feb 2016 16:10:05 +0000 Earlier On Friday, 26 February 2016, Richard Kahn < > wrote: i know you mentioned 50mm max - as of 1-31-2016 investment is 36,640,741 i thought darren mentioned 4mm this month not 10mm also earlier this week ari gave darren date of march 14th to come visit which i thought should have been sooner.. please advise thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel cell Begin forwarded message: From: Freddie Richardson Subject: Southern Financial Additional Subscription to Boothbay - March Date: February 25, 2016 at 6:18:30 PM EST To: 'Darren Ind ke' >, 'Richard Kahn' Brennan' Cc: Ari Glass >, Daniel Bloom <1 Dear Darren, ,'Jeanne Please see attached the additional subscription form and side letter for the March subscription by Southern Financial, LLC in the amount of $10MM. Many thanks, Freddie EFTA00833244 Frederick Richardson Boothbay Fund Management 810 Seventh Avenue, 6th Floor New York, NY 10019 The information contained in this e-mail and any attachments may be legally privileged, proprietary and/or confidential. If you are not an intended recipient, you are 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 e-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. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00833245