From: Robert Kuhn <1

From: Robert Kuhn <1 To: "Jeffrey E." <[email protected]> Subject: Kuhn updates Date: Thu, 31 Jan 2019 02:00:08 +0000 Adam will meet with Wu through the mutual friend - naturally, as he is CEO of sports events company and had minor prior relations. As noted, Wu has no strong political connections, which is very helpful - so we will try to find person/people who affect him or business. That's China. If progress, I will meet on next trip early March. Valuation is down - last 2 years poor performance, hurt by e-commerce Alibaba and JD.Com. Model is moving to off-price, not latest. Still, of course, the value is vastly more than what she was 'offered'. Today on CNBC https://www.cnbc.com/video/201 9/0 1 /30/china-advisor-us-china-trade-worse-before-better.html https://www.cnbc.com/20 19/0 1 /30/china-advisor-trump-trade-demands-better-long-term-for-china-than-us.html NY, LA, SF shoots being set - Peter just spent a week in LA and SF talking to contributors/interviewees and scouting locations. We'll send schedules as soon as they are locked, so you can come visit. On Jan 21, 2019, at 7:37 PM, Robert Kuhn c > wrote: OK; let's see. On Jan 21, 2019, at 6:51 PM, J <[email protected]> wrote: Neither,?lets wait until something solid On Mon, Jan 21, 2019 at 6:46 PM Robert Kuhn c > wrote: Update: Wu (partner) is an astute business guy from Wenzhou (Zhejiang Province), a city known for savvy, hyper-aggressive, shady entrepreneurs. He does not have serious political connections, especially not in Shanghai - which for us is good news. The informal assessment is that he taking advantage of a foreign partner simply because he can. The other piece of hard news is that my Chinese partner in Beijing, Adam Zhu - in the sports business as I think I mentioned (he was the CEO of IMG China) - seems to have uncovered a mutual friend that Adam and Wu have in common (a major Chinese sports entrepreneur). We'll see what we learn, go from there. Adam has had some passing business acquaintance with Really Sports, will try to get an industry sense of valuation. Should you or I update Nicole? On Jan 9, 2019, at 12:46 PM, J <[email protected]> wrote: yes, as discussed On Wed, Jan 9, 2019 at 12:46 PM Robert Lawrence Kuhn > wrote: EFTA01028406 Got it. Shanghai perfect venue. Proceed as discussed? Any change? Sent from my iPhone On Jan 9, 2019, at 12:42 PM, J [email protected]> wrote: I have news Arbitration results Wu claims were fully rejected. Stating that we did not breach any law and where acting correctly and timely. Our claims were not supported ( not rejected)as arbitrators can not make decisions on board resolutions and company registration with AIC. Arbitrators stated that we should resolve the matter in local(Shanghai) court it is not their jurisdiction to decide. Confirmation by state does which i receive this weekend company valuation re confirmed net worth of mr wu reconfirmed and found out that he operates a parallel 100 companies under the same name of Really selling the same goods. Will have documents with numbers this weekend 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 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 EFTA01028407 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 EFTA01028408