EFTA00826502.pdf
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From: "Jeffrey E." <jeevacationggmail.com>
To: Larry Visoski < >
Subject: Re: Calls with Doug Jaffe
Date: Tue, 31 May 2016 19:34:00 +0000
tell him 1 mill net and they pay garys commiions
On Tue, May 31, 2016 at 3:28 PM, Larry Visoski < > wrote:
Sent from my iPhone
Begin forwarded message:
From: Gary Anzalone < >
Date: May 31, 2016 at 2:10:42 PM EDT
To: " " le
Subject: Calls with Doug Jaffe
Larry,
I have had a couple of calls with Doug.
In my first call he immediately told me that after speaking with his team he regrets
stating he would take it at 1.5 done up because it would be a bad deal for both sides.
He patiently listened to my counter offer and said he would discuss it with his team
and call me back.
Doug is an engine guy and has a lot of engine experts as his disposal, so when he
calls back (relatively quickly) he has a guy named LEO "the -219 guru" on the phone
and Doug tells him to explain to me what he just told Doug. Leo says that 'when we
do the repair we will be required to re-do the 8 year engine corrosion inspections, and
when we do, you will be told that 7 & 8 have crapped out'. He says 'These engines are
only worth $100 per cycle ($200K) and it does not make economic sense to spend
200-250k on something that is only worth 200k when it is repaired, especially since 7
& 8 remain at probable risk.'
At that point in the conversation, Doug said he needed to take another call and told
me he would have to call me back.
Larry I do not think there is any way he will do this at the 1.5 million any more. If we
give them the assurances they will want, and if 7 & 8 prove to be bad, the bill could be
another 250k per side to buy another set of 2000 cycle engines. I am not sure the 1.5
repaired is even in our best interest.
As soon as he calls me back I will update you.
EFTA00826502
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EFTA00826503
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EFTA00826502
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