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efta-efta01825157DOJ Data Set 10CorrespondenceEFTA Document EFTA01825157
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DOJ Data Set 10
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efta-efta01825157
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To:
Jennie Saunde
From:
Jeffrey Epstein
Sent
Wed 3/17/2010 12:58:49 PM
Subject: Re:
I want to see all dots given to prior shareholders and or lenders, or investors.. cannot do anything
prior to that
On Wed, Mar 17, 2010 at 8:46 AM, Jennie Saunders wrote:
Jeffrey:
From my discussions with Dean, l understand the Greenjets situation to be as follows:
I- Greenjets has around 18 shareholders, none of which is involved in the business, except for Joe Vittoria (Former
President and CEO of Avis) who is chairman.
2- Dean Rotchin CEO and Joe Grimes COO, both founders, own and control around 60% of the common shares. There is
no other class of shares outstanding.
3- The shareholders were either "friends and family", "friends of friends", or Biz Jet Holdings, which is a group of three.
This group was diluted in 2009 because they could not finish a round of financing they committed to, and Dean settled
with them prior to Hays Jet Holdings lending Greenjets S500,000.
4- Hays Jet Holdings recently increased the Loan amount to $600,000 in good faith, as the business was progressing.
All of the transactions are well documented: there are Loan Does which u can see.
Hays Jet is a friendly lender, as Hays the principal has a very good relationship with Dean and Joe. Hays is looking for an
equity position and we can negotiate that and you can also chat with him as part of ur due diligence. He uses the
service all the time- just fid
CORE: Jennie Saunders Founder & Chairman 66 East 55th Street New York NY 10022 l Main:
Mobile:
I www.eoreaccess.net
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From: Jeffrey Epstein <[email protected]>
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