EFTA02527214.pdf

From: Jeffrey Epstein <[email protected]> Sent: Friday, November 6, 2009 3:46 PM To: Subject: Re: send the details photos etc on the bbj. s .offer 19.5 for the gv On Fri, Nov 6, 2009 at 9:24 AM, Sean J. Lancaster <=pan dir="ltr"> <mailto > wrote: Joe Carfagn= just called me this morning to tell me that their deal where a potential trade on GV sn 592 was proposed has fallen apart. That aircraft is back on the market. <=p> The Netjets=BBJ's are being offered with the remainder of the leases and a purchase at the end of the l=ase at fair market value. The $250K per month lease and the FMV are negotiab=e now. The current lease on the first aircraft expired Dec 2010 and the second Dec 2011. Joe is suggesting low $40.0 million range. <=p> <=p> Best regards, <=p> <=p> Sean J. Lancaster Bristol Associates Inc. direct Main Office Mobile FAX <=span> • www.bristolassociates.c=m EFTA_R1_01667761 EFTA02527214  <=pan style="font•size: 12pt; color: rgb(31, 73, 125);"> This message may contain confidential and/or legally privileged information. If you are not the intended recipient of the message, please destroy it. Any unauthorized dissemination, distribution or copying of the material in this message, and=any attachments to the message, is strictly forbidden. (c) 2009 all rights reserved. <=p> From:=span style="font-size: lOpt;"> Sean J. Lancaster [mailtol <mailto >j Sent: Tuesday, November 03, 2009 12:16 PM To: 'Jeffrey Epstein'; <mailto > Subject: RE: Sensitivity: Confidential Subject:<=b> Sensitivity: Confidential Larry, thanks for the update on the 727. I agree =ith you that the STC and SFAR 88 compliance is huge in terms of our ability to =ove the aircraft. We do continued to get calls on the aircraft but the question on the fuel tanks is always an issue. Even if we deactivated them people are still confused by the FAA rules and shy away. I think the aircraft can be sold even in this market=but pricing is an issue, We are offering the aircraft for $10.0 million righ= now and we need to reintroduce the aircraft as soon as the STC is complied with. I would like to run a new round of ads when that is done and we might want to review our pricing to $8.5 to $9.0 as the asking price. Bu= in order to do this I need some help on the advertising invoice that I send=as my boss will restrict my ability to buy ad's I do want to mention two things: The GV sn 592 is not sold it is back on the market a= the buyer needs to trade an aircraft and Leading Edge is hesitant to take the trade. B of A will finance the trade so eventually the deal may go through. Netjets is shutting their NJ operations this week.=AO They have two 6000 hour aircraft that they are going to sell. Leading Edge is also the broker. I think that these aircraft will likely be sold in the low $40's maybe even in the 30 million dollar range. I am closing =atching this situation and will keep you informed as Joe Carfagna called me just la=t night. 2 EFTA_R1_01667762 EFTA02527215  Best regards, Sean J. Lancaster Bristol Associates Inc. * Idirect Main Office Mobile FAX <mailto • www.bris=olassociates.com <http://www.bristolassociates.com/> This message may contain confidential and/or legally privileged information. If you are not the intended recipient of the message, please destroy it. Any unauthorized dissemination, distribution or copying of the material in this message, and=any attachments to the message, is strictly forbidden. (c) 2009 all rights reserved. The information contained in this c=mmunication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the a=dressee. It is the property of Jeffrey Epstein Unauthorized use, di=closure or copying of this communication or any part thereof is strictl= prohibited and may be unlawful. If you have received this communication in error, p=ease notify us immediately by return e-mail or by e-mail to [email protected], and destroy thi= communication and all copies thereof, including all attachments. 3 EFTA_R1_01667763 EFTA02527216