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

From: "Jeffrey E." <[email protected]> To: Melanie Spinella Subject: Fwd: Preliminary 2016 cash flow projections Date: Wed, 11 Nov 2015 21:37:06 +0000 Forwarded message From: Joe Avantario Date: Wed, Nov 11, 2015 at 10:34 PM Subject: RE: Preliminary 2016 cash flow projections To: "jeffrey E." <[email protected]> Found an error on sales taxes (doubled them up) will resend another version including $4MM in gifts included as an outflow From: jeffrey E. [mailto:[email protected] Sent: Wednesday, November 11, 2015 4:24 PM To: Joe Avantario Subject: Re: Preliminary 2016 cash flow projections just a line for gifts. . tax should be on a different line the purchases, On Wed, Nov 11, 2015 at 10:22 PM, Joe Avantario < > wrote: All cash is included If you are referring to the tax on the Picasso its on the Arts and collectibles line. If not please elaborate With respect to the gift, I assume this is an item I should add. Are there details or should I just add a line for it? From: jeffrey E. imailto:[email protected] Sent: Wednesday, November 11, 2015 4:09 PM To: Joe Avantario Cc: Melanie Spinella Brad Wechsler Subject: Re: Preliminary 2016 cash flow projections cash balances everywhere should be included.. gifts of 4 million include. 10 m in sales tax. EFTA00840832 On Wed, Nov 11, 2015 at 10:01 PM, Joe Avantario wrote: Please see attached. Let me know if I can answer any questions. Thank you, Joseph Avantario Elysium Management, LLC 445 Park Avenue Suite 1401, New York, NY 10022 Tel 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 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 jeevacation®gmail.com, and EFTA00840833 destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 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 EFTA00840834