📄 Extracted Text (490 words)
To:
From: Epstein
Sent Thur 2/7/2013 8:00:43 AM
Subject Fwd:
Forwarded message
From: Jeffrey Epstein
Date: Wednesday, March 17, 2010
Subject: Re:
To: Jennie Saunders <-
I want to see all dots 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 Docs which u can sec.
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- ust
CORE: Jennie Saunders I Founder & Chairman
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communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
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