EFTA00890638.pdf

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From: Jeffrey Epstein <[email protected]> To: Jennie Saunders Subject: Re: Date: Wed, 17 Mar 2010 12:58:49 -0000 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 I Founder & Chairman I 66 East 55th Street New York NY 10022 I Main: I Mobile: www.coreaccess.net Upcoming Cultural Spotlight Monday, March 15th — two fantastic art events!6:30pm: ART 21 conversation with artist Carrie Mae Weems & actor/comedian David Alan Grier8:30pm: Cocktail reception with artist Ai Weiwe Spaces are limited. Please call or 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 Jeffrey Epstein 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 EFTA00890638 return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. EFTA00890639
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EFTA00890638
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