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From: "jeffrey E." <[email protected]>
To: Stephen Hanson
Subject: Re: im not involved /
Date: Sat, 07 Apr 2018 13:09:58 +0000
the cash and expenses are and have been under your total control . total. you guys chose to open witht he
ideat that it would increase the room rate. 500k spent would not be made up for a year at best even if you
were right. all no real numbers. . I am at the elysee with the finance minister. their numbers are clearer for
the country than yours and davids are for a hotel
On Sat, Apr 7, 2018 at 3:02 PM, Stephen Hanson < > wrote:
Jeffery this is the restaurant business 80% failure rate
Weather is a big factor
And there is never a guarantee that the Resturant will be successful - even with great reviews
But it was conceived to be for a 4 star hotel with rates $100 higher then we are getting
That person is a entirely different guest - different spend
At my cost I'm trying to keep it open for another 2 weeks - see if weather will corroborate and see if the
restaurant can make it - we are out of cash -
Sent from my iPad
On Apr 7, 2018, at 8:51 AM, jeffrey E. <[email protected]> wrote:
i am fully on your team. fully . . I was never told that there were 23 people are your team in this deal as
i was guaranteeeing david to help protect YOU. I asked not to have howie make silly demands. I have
been doing my best listeing to buyers questions. tom is the best hotel person. plenty of questions. super
bad projections super bad due diligence. . super bad record keeping. no oversight. no cash flow numbers.
etc etc etc. .
I just dont have the patience to see s000 many funky numbers. its not what i do well. this is biz not
health so hardly a tragedy. in my view.
On Sat, Apr 7, 2018 at 2:42 PM, Stephen Hanson < > wrote:
Threading to quit - I have said we are out of money and need to close what do you do when your out of
money
Sent from my iPad
On Apr 7, 2018, at 8:38 AM, jeffrey E. <[email protected]> wrote:
one potential said that it appears the restaurant monies have no oversight , and have been threatened
with you quitting repeatedly. I really want to stay out as both of you are friends. and no matter what
will alwasy be. .
I have ignored the valuation guys questions. as they are too provocative. the benefit of spending over
600k . since dec. . nothing to show for it.. 200k per month of revenue - half of projections not off 10
, 20 or 30 percent. . .but 50 .
EFTA00842210
you told me you would know in two weeks from opening whether it would work. ? its been three
months. . I only wish you guys well. . even today alans numbers do not tell me what breakeven is.
even before rent. / i onlyh see numbers. . and dont pay much attention to gossip.
On Sat, Apr 7, 2018 at 2:31 PM, Stephen Hanson < > wrote:
FYI the partners have asked for a audit
Sent from my iPad
On Apr 7, 2018, at 8:14 AM, jeffrey E. <[email protected]> wrote:
I bleieve that you have asked for an audit. . david has asked for an accounting of where money
transferred to the restaurant has gone. time waste at the moment . SELLINg the only thing. i
think. BTW tco rules changes 2 months ago. I ve asked david to make a hardship claim. lets see.
On Sat, Apr 7, 2018 at 2:04 PM, Stephen Hanson < > wrote:
There is zero communication on what's going on with sale - like to help but have zero ability
Sent from my iPad
On Apr 7, 2018, at 7:53 AM, jeffrey E. <[email protected]> wrote:
I suggest you concentrate on gettting the hotel sold. no more no lesss. plenty of time
afterwards to do forensics on what and why . ? you and david for the moment are aligned in that
one goal. . fighting over who spent what and why is silly at the moment for you both,
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EFTA00842211
communication or any part thereof is strictly prohibited
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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
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
EFTA00842212
return e-mail or by e-mail to [email protected], and
destroy this communication and all copies thereof,
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