EFTA02554185.pdf

From: Sent: Friday, May 4, 2012 12:49 PM To: [email protected] Subject: Responds from Frank Sometime during 2009, Imad (as representative of Model Connexxion) and Elite=Paris came to an arrangement. Model Connexxion would transfer the models an= employees of MTA and would receive a block of shares, management fee and m=ther agency fee in return. These arrangements were recorded in a letter whi=h was signed by Imad, but NOT by Elite. Early 2011 Elite started to prevaricate and they told Imad that, as far as t=ey were concerned, the letter had never been signed (which was the case►, b=t also that they had never acted according to the letter in which the arran=ements had been recorded. Naturally, this also had to do with the change of=management at Elite. Eventually, this led to Elite taking the view (in writ=ng/mail) that the arrangement did not exist. Imad could not resolve issues =ith Elite and was also furious that Elite appeared to wriggle out of all ar=angements so easily. In October 2011 Radboud joined our office and Radboud and I subsequently too= over and put some pressure on Elite, which eventually led to Elite being p=epared to pay € 175.000 to Model Connexxion. =Because of all other legal issues, it was decided that the money would not b= paid into the bank account of Model Connexxion, but that it would be paid =nto our trust account. Of the € 175.000 an amount of =€ 15.000 was paid to Radboud, as he had led the negotiations and pre=ared the final agreement. Of the Model Connexxion shares, 50% are owned by BST (Pier's company= and 50% are owned by NAI. So, logically, € 80.000 was made availab=e to BST and € 80.000 to NAI. BST still owed money to Harro Schulz, BST's lawyer, so BST indicated=that Harro could receive this money. Then € 80.000 remained for NAI= which was partially required to pay the accountant costs of Model Connexxi=n and all of its subsidiaries. There was an urgent request from Van Lanscho= to pay these costs. NAI received money to pay the accountant. This eventua=ly led to only € 56.000 of the full amount being transferred to Ima=, who is 75% shareholder of NAI. Ps Imad never responded after that last letter I send him <?xml version=.0" encoding=TF-8"?> <IDOCTYPE plist PUBLIC "- //Apple//DTD PLIST 1.0//EN" "http://www.apple.com/DTDs/PropertyList-1.0.dtd"> <plist version=.0"> <dict> <key>conversation-id</key> <integer>219129</integer> <key>date-last-viewed</key> <integer>0</integer> <key>date-received</key> <integer>1336135768</integer> <key>flags</key> <integer>8590195713</integer> <key>gmail-label-ids</key> <array> <integer>6</integer> <integer>2</integer> </array> <key>remote-id</key> <string>221119</string> </dict> </plist> EFTA_R1_01711459 EFTA02554185