From: Richard Kahn

From: Richard Kahn To: "Jeffrey E." <[email protected]> Subject: Naiad Boat Date: Thu, 22 May 2014 20:51:56 +0000 Attachments: 12.9m_Proposal_A.pdf; 12.9m_Setton_v2.pdf Just had a nice conversation with Steve, the owner of Naiad Newport, RI. Steve has been a licensed builder of Naiad since 2003 and built 80 boats over the past 11 years. He currently has 9 boats under construction and has 40 employees split between two plants in RI: Portsmouth where assembly is finished and Pemberton where the hulls are fabricated Steve builds boats for commercial, private & military customers. He is currently building two 12.9 meter boats for Jack Sefton which he said had very little paint (deduction of 15,000) for 429,000 All of boats sold are turn key with 2 or 3 engines (300's or 350's) and with life jackets, safety gear, etc. Boats are only custom built and take approximately 5-6 months to complete I will need guidance from you to obtain more accurate pricing. A few more emails to follow.. Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel 212-971-1306 fax 646-350-0954 cel Begin forwarded message: From: "Stephen, Jr. Conniff Subject: RE: contact info Date: May 22, 2014 at 4:18:42 PM EDT To: Richard Kahn < Hi Richard Attached is the info on the 12.9 meter pictured with twins. We would recommend triple 300s or 350s to most customers. This would likely be an ideal platform for the client. He could comfortable run to St. Croix or even as far as St. Martin if he ever desired to. Thanks Steve Stephen Connett Jr. EFTA01204308 President Naiad Inflatables of Newport 300 High Point Avenue Portsmouth, RI 02871 401-683-6700 Office 401-683-6660 Fax Cell From: Richard Kahn frnailto: Sent: Thursday, May 22, 2014 3:56 PM To: Stephen, Jr. Connett Subject: contact info Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel 212-971-1306 fax 646-350-0954 eel EFTA01204309