📄 Extracted Text (118 words)
From: "Rich Kahn"
To: "'Jeffrey Epstein" <jeevacation(ri;grnail.corn>
Cc:
Subject:
Date: Wed, 23 Mar 2011 13:56:57 +0000
I am extremely concerned regarding the renewal of the letter of credit. The outstanding balance is currently $784,000.
Although the business seems to have bottomed and is starting to improve our debt is behind IRS debt due for NY of
$1,200,000 and Miami $600,000. I understand that $150,000 was repaid to the IRS over the past 3-4 months and that
resulted in no pay downs on our line. If $1,800,000 needs to be paid going forward how will this line ever be repaid??
Rich Kahn
HBRK Associates Inc.
301 East 66th Street, Suite 10F
New York, NY 10065
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EFTA00907647
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