📄 Extracted Text (811 words)
From: jeffrey E. <[email protected]>
Sent: Wednesday, October 25, 2017 10:33 AM
To: Stephen Hanson
Subject: Re: example and only one of many
understood. . Im in meetings =his morning until 1. . - steve the person who put=this your numbers together should
be fired they are not , an a=countant . it is awful. . it contributes to the is=ue. . I told you day one , that I thought this
was a bad deal.=C2 david asked you to do the restaurant. . you =aid you didnt want to be his bitch and have him make
money off of your bac=. . you and i discussed it at length. I thought it a bad=idea , but you wanted to be in your words
50/50 wi=h david. I told you that that is a marriage and i thought unwi=e. . you agiain put your foot on the gas, and
wanted in =s a full participant. you bought the trade. =C2 the first PG was already crazy, . i never ever eve= ever
would have suggested a pg EVER. ! under any circumstance= . the second was more of the same but already
pregant.=C2 .
the numbers are all over the pl=ce. read the sheet you sent . past present f=ture. all on the same line. you have
been consissn=t in saying if we jjust had enough money to open . that has been sin=e march. .
On Wed, Oct 25, 2017 at 6:24 AM, Stephen Hanson mailto:
wrote:
You should realize david lies about everything </=iv>
First
<=iv id="m_-5498418142335357171AppleMailSignature">l needed 800 k we had m=de a earlier budget months
ago that showed - if we opened months ago -I co=ld have made it with 750k - david kept using this budget - I let it go
=A0
What david did not share =ith you is that because of such a late opening - I have given him an addit=onal budget
-of a loss of 175k to get us to march - tmi - but opening so l=te gives you zero momentum into first 3 months of 2018
This has still not ben addressed =A0
Because david has told ev=ryone months ago we would have the needed funding - we where told to start=to
ramp up - which increased payroll - I put the brakes on. From additiona= employees since zero funds have come in - we
need another 20 +employees t= train and be ready to serve guests- a 3-4 week process
Jeffrey- this is where david =ust lies
So let's say funding does not happen for another 10 =eeks and I draw $20 k a week for needed payroll - so in
theory I drew down=another 200k and now david thinks the restaurant only needs 400k - he is a=total idiot
The restau=ant budget is based upon completion of construction and the ability to sea= both units- lobby and
basement - yes the basement can drag for 2 weeks af=er the opening of the lobby restaurant
I have not pulled my liquor license nor will l=till the restaurant account Is funded with 750k - I'm not going on
the=hook to be responsible for shortfalls in that restaurant LLC as it's s=lely in my name - nor am I going to beg david for
funds
I have told him many times - = will not open with out proper funding
Sorry for the story - but this is how it plays=out
I will=send you shortly which items are actually due - work complete as most of t=at list are past due accounts
Sent from my iPad
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On =ct 24, 2017, at 11:48 PM, jeffrey E. <[email protected] <mailto:jeevacation@gma=l.com» wrote:
david doc , say restaurnat=C2 800. yours say 750. david =ays on the phone 622 as you took over 100
recently. ? =A0
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