EFTA Document EFTA01922469

To: Jeffrey EMeevacationiagmail.comj From: Richard Kahn Sent Thur 5/22/2014 8:51:56 PM Subject: Naiad Boat 12.9m Proposal A.odf 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 Setton 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 fa ce Begin tor arded message: From: "Stephen. Jr Connett" •ca 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. EFTA_R1_00366523 EFTA01922469 Thanks Steve Stephen Connett Jr. President Naiad Inflatables of Newport 300 High Point Avenue Portsmouth, RI 02871 Office Fax Cell From: Richard Kahn [mailtoll Sent: Thursday, May 22, 2014 3:56 To: Stephen, Jr. Connett Subject: contact info Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 2 to cc EFTA_R1_00366524 EFTA01922470