EFTA01046686.pdf

From: "Jeffrey E." <[email protected]> To: Brad Wechsler Subject: Re: Date: Sun, 07 May 2017 16:25:59 +0000 it would also be helpful to see top line revenue, for each, bottom line for each and cash flow, past 4 years.. is the debt current/ ? ?? On Sun, May 7, 2017 at 11:12 AM, Brad Wechsler < > wrote: Jeffrey-joe will refine, but my rough numbers: I. Ph basis 33; AS basis 3.7; RA basis 5.1 or total 41.8. (All end of 2016) 2. Ph "projected" cash needs .9; AS "projected" cash needs 1.3; RA "projected" cash needs 1.1 or a total of 3.3. 3. Debt 25.2 (trusts w/3.2 to bfp) 4. Third party obligations: (a)3mm to Hachette as a return of a distribution advance (phaidon). (b) severance-contractual and otherwise--?? (Needs to be estimated) (c) short-term liabilities net of short term assets (payables minus receivables)--?? (Needs to be estimated) (d) real-estate winddown costs--?? (Shouldn't be significant but certainly some.) (e) legal winddown costs-?? (Shouldn't be significant but certainly some.) (f) other--?? Net, net, we know the big numbers: 42mm basis; 25mm current debt (and preferred) load; 3-4mm company projected fir cash needs; 3mm hachette. All equals 75, not including (b)-(f) above which are real, but shouldn't be large. This is my "rough" but I think a pretty good estimate. Joe and I will refine. B Sent from my Verizon Wireless BlackBerry From: "jeffrey E." <[email protected]> Date: Fri, 5 May 2017 15:56:23 -0400 To: Brad Wechsler >; Joe Avantario< Subject: Re: if i was to close all phaidon artspace, regan and it was a total write off for debt equity, etc what would my total loss be. all letters of credit if any to be paid off , and included. third party loans etc also On Fri, May 5, 2017 at 3:52 PM, Brad Wechsler < > wrote: Jeffrey, Hopefully, this lays out the general information you need to start your planning. As noted by Joe, we are providing you information at a level that we thought would be most useful. If, as, and when we have to take a deeper dive in the future, obviously, we will. Feel free to call either Joe or myself depending up on the nature of the question. EFTA01046686  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 EFTA01046687