EFTA02716399.pdf

From: Richard Joslin < Sent: Tuesday, August 5, 2014 10:19 AM To: jeffrey E. Subject: RE: FW: 2013 sales analysis Attachments: Artspace Balance Sheet 1H 2014.xlsx; Artspace Monhtly P&L 1H 2014.xlsx; Artspace Balance Sheet - July 25 2014.xls; Exhibit 2 - Bridge Loan Analysis.pdf Four files attached: The balance sheet 1H and PL 1H are companion files and report as of 6/30. The loans @ 6/30 are 3x. The balance sheet on JUL 25 are the 6/30 loan balances @ 3x and new July loans at lx. Dan Levene JUL 24 loan not shown as loan on JUL 25 balance sheet. Also attached is bridge loan detail by day prepared by John Murphy. Not clear who generated these reports; the companion files were saved by 1= 1; JUL 25 has no name attached. From: jeffrey E. [mailto:[email protected]) Sent: Monday, August 04, 2014 11:37 PM To: Richard Joslin Subject: Re: FW: 2013 sales analysis send the doc that shows 1.2 million in loans, that we recieved first. On Mon, Aug 4, 2014 at 9:21 PM, Richard Joslin < <mailto » wrote: From: Richard Joslin Sent: Monday, August 04, 2014 11:21 PM To: Eileen Alexanderson; 'Keith Fox'; 'John Murphy' Subject: 2013 sales analysis Sales tax review FY 2013 — Quickbooks shows payments for NYS sales tax - larger share of sales are NYS sourced (34% taxable + exempt; 23.8% taxable) . LTD NYS sales tax remitted - $134K EFTA_R1_02153906 EFTA02716399  Order review — median sale/ order FY 2013 is $525; 67.6% of the total number of sales generates 18.8% of revenue; 6% of number of high end sales generates 40.7% of total revenue The Artspace sales detail shows $59K of non-NY tax, ncluding taxes to states and foreign countries — no proof of having been paid but appears to have been collected I can send excel detail if desired — culled from "orders w/o names" file John circulated earlier Richard Joslin CFO Elysium Management LLC 445 Park Ave Ste. 1401 New York, NY 10022 (w) (646) 589-0305 <tel:%28646%29%20589.0305> (c) <tel:%28203%29%20581-0509> (f) (646) 589-0330 <tel:%28646%29%20589-0330> 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, 2 EFTA_R1_02153907 EFTA02716400 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] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 3 EFTA_R1_02153908 EFTA02716401