EFTA00927181.pdf

From: "Jeffrey E." <[email protected]> To: Richard Kahn • Subject: Re: Park Mansion/Term Sheet Date: Mon, 11 Dec 2017 16:29:34 +0000 Yes On Mon, Dec 11, 2017 at 5:18 PM Richard Kahn > wrote: shall i follow up with david for answers below or wait.. please advise thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 Begin forwarded message: From: "Jeffrey E." <[email protected]> Subject: Re: FW: Park Mansion/Term Sheet Date: December 8, 2017 at 4:48:04 PM EST To: David Mitchell > , Richard Kahn creating a preferred seems like my equity would be more at risk. net difference On Fri, Dec 8, 2017 at 10:42 PM, David Mitchell wrote: As part of my plan to pay off the debt owed please find the following done this week 1. Reduced price of Sagaponack house by $100,000 and conducting an open house on Sunday 2. Arranging a meeting with potential buyer of Estate property, early next week (was originally Sunday) 3. Seeking to create a Preferred like the hotel Crescendo, to pay back my outlay (attached) 4. Active marketing the rest of the units at Park Mansion for bulk sale (one showings with bulk buyer) 5. Looking to refinance Sagaponack with one of my existing lenders that will generate more proceeds,will have term sheet tomorrow to share EFTA00927181  DAVID MITCHELL Mitchell Holdings LLC 745 Fifth Avenue 5th Floor New York NY 10151 USA FYI. Revised with name of investor. 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 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 EFTA00927182