From: David Mitchell

From: David Mitchell To: jeffrey E. <[email protected]> Subject: Re: Date: Sat, 03 Jun 2017 20:51:41 +0000 are you in NY would take me 3 min to explain Seems footnote got consolidated in to one sentence It means to say investor notes will be paid from bank loan modification AND the reimbursements owed to me were ,as of May 17 were $991,689 that is the day we submitted all the back up ( receipts and checks)to his accountant Will do the same on June 17 Right now my estimate is that the $991,689 has grown to $1,200,000 The extra money he wants over and above the $500,000 that was allocated at the inception ,is a new ask on his part (as of a week ago) and is not part of the budget yet as I have not agreed to it DAVID MITCHELL Mitchell Holdings LLC 801 Madison Avenue New York NY 10065 USA On Jun 3, 2017, at 4:39 PM, jeffrey E. <[email protected]> wrote: i dont umderstand many of the entries. its says 991 paid off, but top shows all. . ? no operating costs remaining? for ex.. . where is the extra restaurant amounts. On Sat, Jun 3, 2017 at 4:25 PM, David Mitchell < fyi, DAVID MITCHELL Mitchell Holdings LLC 801 Madison Avenue New York NY 10065 USA > wrote: EFTA01044420 Begin forwarded message: From: Date: June 3, 2017 at 4:24:18 PM EDT To: Shansor please find the up to date information This does not take in account mini construction loan funding from DB to cover the extras and the ',widow of back four rooms The request was $860,237 , which would reduce if granted the the second round of investor notes by that amount It was not included as it has not been approved 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 EFTA01044421