EFTA02415884.pdf
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To: Jeffrey Epsteinueevacation©gmailcom]
From: Adam Bly
Sent Tue 11/2/2010 3:28:27 PM
We sent 2011-2012 cash flows. It's a solid picture- cash flow positive from
operations and profitable - we are seeing revenues pick back up and we've cut
overhead meaningfully. There are also enough levers on cost side to balance out
if for some reason we don't meet projections.
It shows that with $1 million in financing we solve all our problems, incl.
historical A/P, taxes, etc. and get back to business!!
Prepackaged bankruptcy doesn't make sense because we'd tarnish our most
valuable asset, the Seed brand, and compromise our contracts with GE, McGraw
Hill, etc. What makes more sense is negotiating hard on old A/P with cash on
hand. Vera is very very good at that.
EFTA_R1_01479572
EFTA02415884
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EFTA02415884
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