📄 Extracted Text (128 words)
To: Jeffrey EpsteinBeevacation©gmail.com]
From: Adam Bly
Sent Mon 8/9/2010 5:52:30 PM
Just had a Board call and they accept that we need $1 million of fresh capital
to get to a TR or equivalent deal. They don't have the money and would be
willing to give up a major stake and control position in the company for this
instead of having to sell the assets. They would put in $100-200K to show good
faith and eliminate/convert any old debt positions to make it happen. What do
you think? They want me to explore options and get back to them by end of day
Wednesday. It would be my dream to get rid of Dennis and dilute Walnut to the
point of insignificance. Restructure the Board etc.
EFTA_R1_01466848
EFTA02407463
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EFTA02407463
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