📄 Extracted Text (504 words)
From: Jeffrey Epstein <[email protected]>
To:
Subject: Fwd:
Date: Thu, 07 Feb 2013 08:00:43 +0000
Forwarded message
From: Jeffrey Epstein
Date: Wednesday, March 17, 2010
Subject: Re:
To: Jennie Saunders < >
I want to see all does 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, I 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 $500,000.
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 fyi
CORE: Jennie Saunders Founder & Chairman I 66 East 55th Street New York NY 10022 I Main:
I Mobile: I www.coreaccess.net
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