EFTA01826230.pdf

To: Gerald Barton From: Jeevacation Sent: Mon 415/2010 4:23:58 PM Subject: Re: The tax loss is the main asset , can you telle it's restrictions and benefits Sent from my iPlione On Apr 5, 2010, at 12:05 PM, "Gerald Barton" wrote: Jeffrey, By any rational analysis, my situation is not as sad as it was when I first met you; no grand juries are after me, I don't have civil suits in 9 jurisdictions where I can't pay lawyers, the government is not fining me $500,000 a day, and yet, I am more worried now than I was then. In part, I am sure it is because I am 20 years older and can't be convinced of a comeback as I could 20 years ago. In part, I don't have a job prospect as I did when you so graciously invited us to New Albany, but for whatever reason, the present circumstances seem more frightening. I need to do one of two things: I . Borrow between $4,000,00 and $6,000,000 on our 30% interest in Apes Hill, which I believe I can demonstrate to anyone who doesn't hate real estate, that its value is approximately $30,000,000. 2. Find some way to monetize our $158,000,000 tax loss, which outside of the scars, is the only remaining monument to the govemment's action 20 years ago. Jeffrey, the purpose of this email is to simply see if you have any ideas on how I can accomplish either one or both of these. I am leaving tomorrow for Barbados where it is most likely I will find those who will appreciate the value of the stock in Apes Hill and I believe I have a 50-50-chance of getting this done. Hope you are wel, spirits high, and are healthy and happy. Jerry Gerald G. Barton Landmark Land Company, Inc. P.O. Box 1880 Upper Marlboro, MD 20773 Phon Fax: <Landmark Land Tree Orange.JPG> DISCLAIMER: This e-mail message, including any attached files and subsequent replies, is intended only for the exclusive use of the individual or entity to which it is addressed and may contain information that is proprietary, privileged, confidential and/or exempt from disclosure under applicable law. If the reader of EFTA_R1_00200965 EFTA01826230 this e-mail message is not the intended recipient, you are hereby notified that any viewing, copying, disclosure or distribution of this communication is strictly prohibited. If you have received this e-mail in error, please notify the sender immediately by either telephone or e-mail, and delete the original and any copies from your computer system. Thank you. EFTA_R1_00200966 EFTA01826231