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efta-efta01082629DOJ Data Set 9Other

FREEDOM AIR INTERNATIONAL INC.

Date
Unknown
Source
DOJ Data Set 9
Reference
efta-efta01082629
Pages
1
Persons
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EFTA Disclosure
Text extracted via OCR from the original document. May contain errors from the scanning process.
FREEDOM AIR INTERNATIONAL INC. S-76C+ - Tail # N162AD / Serial Number 760472 Sales Analysis Date Purchase Expenses paid by Freedom Air International Insured Aircraft Title Service - buy Insured Aircraft Title Service - sell Amount 1,500,000 7/26/11 7/26/11 2,473 1,235 Larry Visoski Expenses Pilot Services 6,000 Rental Car 550 Airlines 2,656 Total Larry Visoski Expense 9,206 Larry Sales Commission 150,000 DKI PLLC Legal Expense 50,000 Maintenance 7/27/11 wo#3875 2,985 8/9/11 wo#3893 8,376 ti 9/28/11 wo#3910 7,582 12/28/11 wo#3936 20,598 -4 1/26/12 wo#3981 5,883 2/8/12 wo#38181 2 400 47,824 Maintenance Subscription 1,865 Web lielotrac 2x System 4,833 Insurance Cost 29,200 Total Expenses paid by Freedom Air International 296,635 Expenses paid by George Sam (1250 x 2 days) 2,500 Car rental 109 Aircraft Shopper Online 531 Controller 3 400 Total Expenses paid by George 6,540 COST BASIS 1,803,175 ESCROW (was 250k - 200k returned 2/21-33,812.55 3/9) 16,187 SALES PRICE 2,200,000 NET GAIN ON SALE 380,637 Freedom Share of Profit 190,319 George Share of Profit (pd 100k on 2/9/2012) 190,319 EFTA01082629

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Tail #N162AD

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