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From: Shanson900
To: "Jeffrey E." <[email protected]>
Subject: Re: example and only one of many
Date: Wed, 25 Oct 2017 12:43:22 +0000
The base was always 800 david kept using 750 - that's why it shows both amounts
And -50k
Sent from my iPhone
On Oct 25, 2017, at 8:21 AM, jeffrey E. <jeevacation®gmail.com> wrote:
no, the sheet you gave me said 750 , not david, what is going on are you old
On Wed, Oct 25, 2017 at 6:24 AM, Stephen Hanson < > wrote:
You should realize david lies about everything
First
I needed 800 k we had made a earlier budget months ago that showed - if we opened months ago -I could
have made it with 750k - david kept using this budget - I let it go
What david did not share with you is that because of such a late opening - I have given him an additional
budget -of a loss of 175k to get us to march - tmi - but opening so late gives you zero momentum into first 3
months of 2018
This has still not ben addressed
Because david has told everyone 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 additional employees since zero funds have
come in - we need another 20 +employees to train and be ready to serve guests- a 3-4 week process
Jeffrey- this is where david just lies
So let's say funding does not happen for another 10 weeks 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 restaurant budget is based upon completion of construction and the ability to seat both units- lobby and
basement - yes the basement can drag for 2 weeks after the opening of the lobby restaurant
I have not pulled my liquor license nor will I 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 solely in my name - nor am I going
to beg david for funds
I have told him many times - I 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 that list are past due
accounts
Sent from my iPad
On Oct 24, 2017, at 11:48 PM, jeffrey E. <jeevacation®gmail.com> wrote:
david doc , say restaumat 800. yours say 750. david says on the phone 622 as you took over 100
recently. ?
EFTA00973949
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