📄 Extracted Text (1,442 words)
From: Stephen Hanson
To: "Jeffrey E." <jeevacation®gmail.com>
Subject: Re:
Date: Sat, 11 Nov 2017 14:23:33 +0000
Not at all with out them I can not open the restaurant no different then the hotel employees or contractor we
need all to complete
Sent from my iPad
On Nov 11, 2017, at 9:19 AM, jeffrey E. leevacation®gmail.com> wrote:
these are employees whose welfare you have put ahead of your partners and investors. . sorry
On Sat, Nov 11, 2017 at 9:18 AM, Stephen Hanson > wrote:
Yup I married a bad person- of course I'm stressed- but I'm not self destructive—having employees not
know if they are being paid and wanting to walk out - can not tell you all the rewinds I have had to pull - then
construction shut down First for 5 weeks then for 3= lots of stress when we both are on the hook to complete
- I'm trying to look out for both of us
For 9 months I have been driving this project - not what was agreed to
Hate emails for these type of conversations
I'll see you Sunday
I do appreciate you concern
Sent from my iPad
On Nov 11, 2017, at 9:00 AM, Jeffrey E. <[email protected]> wrote:
this is silly and a waste of both our times. you bought into a biz 50 50 yes he has not performed. . you
got married. . it turned out not to be rosy. you re still married. im on your team. If you dont beleive
me , ask someone else re your stress. . your blood pressure is meaningless. sorry
On Sat, Nov 11, 2017 at 8:55 AM, Stephen Hanson > wrote:
Jeffery.
I do not at all violently complain every day- not at all - am I annoyed that I have a partner that is not
capable of overseeing what he had agreed to be responsible for and consistently lies to me and others who
depend on his actions. Yes
You keep saying I wanted to be 50-50 with david but what the original terms of the 50/50 - which I
actually paid for - have no way been lived up to -
Howie was most defiantly hired by david. Howie and randy have worked for months on documents
together - david is flat out lying to you - again
My knowledge of the financial numbers is very good - not at all limited - 91% of the budget are prime
costs - which I have reviewed many many times
Then over 5% are fixed - credit card fees - insurance - permits
Then there is 4% remaining with maybe 30+ items -you picked one that is the accounting arm of our
hotel mgmt co - their charge to us for the accounting - the name was written but I did not recognize it - as
I know them as GAM
- every expense has a correlation- there are maybe two buckets with a miscellaneous lk per month - it is
not correct at all -that I do not know the budget
EFTA00960777
I'm not overblowing anything I'm the only one on the job driving the contractor - driving the punch list
items - completion of projects - working to value engineer any design item still open to complete - even
pushing the repair of the boiler so the hotel can produce steam heat Nothing is overblown at all - it's
straight fact
Great news is my blood pressure is 132/70. So doesn't seem I'm as stressed as your stating
I am so focused - why would you even say self destructive??
I am completely focused on getting the restaurant open -including punch list-to complete all hotel items -
including mechanical items - and the needed TCO
Regarding the budget - we sent david the budget he asked for - every bucket has back up support in
detail
Sent from my iPad
On Nov 11, 2017, at 6:30 AM, jeffrey E. <jeevacation®gmail.com> wrote:
awake?
On Fri, Nov 10, 2017 at 9:12 PM, Stephen Hanson c > wrote:
I appreciate your email but I do not think it's accurate
But we can review this tomorrow
Sent from my iPad
On Nov 10, 2017, at 7:05 PM, jeffrey E. <jeevacation®gmail.com> wrote:
THere is little I wont do for you. !! You need to relax. everyday you violently complain , get
angry , agitated. annoyed.. It is NOT HEALTHY. . you married the guy , ( against my advice
). you didnt want him profiting off the restaurants success without particpating. you wanted to
be 50/50. you told him you woudlnt do the deal unless you were. . you pressed the pedal on the
position. . and the market went against you. you are short. with severe unknown downside risk. (
PG ). He has put his entire net worth on the line. Howie taking 25k is equivalent to stealing. in
my view. he was not hired or authorized to work on behalf of the partnership. but demanded
payment from the partnership. " 9999 david doesnt know what he is doing. obviously. Alan is
not competent to do projections . he can do bookeeping not the same thing.. you have
threatend to quit over and over. . you almost got in a fistfight. . you have been agitated to the
point where you knowleddge of the numbers that you present is limited. I am very concerned for
your health. . this is a biz that has issues. this is not a tragedy or calamity or catastrophe. . you
are WAYYYYYY overeacting to feeling you are getting flicked. and i woudl hope that you put
your head down , get it open. try to make it a success. and sell it . and move on. when you left
barry , separate from needing to travel . you made it clear that no more of this craaziness, but could
concetrate on trading. you violoated your own rules on getting involved in buying illiquied
investiments. on putting on personal guarantees. need to get rid of this mess asap. it will take a
few months, cashflow will play out and buyers will bid, somoene will make an offer and the
decision will be complex. . YOU NEED TO RELAX< you tell me you are a construction
bitch, a restaurant bitch davids bitch, this is all overblown by a multiple you need to get some
perspective. howie and alan stoke the flames in you , and your head will explode and i will
have to get your phone.
please note
EFTA00960778
The information contained in this communication is
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Unauthorized use, disclosure or copying of this
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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
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 jeevacation®gmail.com, 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
EFTA00960779
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
EFTA00960780
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