EFTA01002138.pdf

From: "Jeffrey E." <[email protected]> To: Eileen Alexanderson Subject: Re: timber sale update Date: Mon, 01 Dec 2014 23:00:18 +0000 thnx On Mon, Dec 1, 2014 at 5:55 PM, Eileen Alexanderson wrote: To remind you, best bid for our Molpus Woodlands Fund II interest is $16,125,588. Although the next highest bidder is substantially lower, Eaton Partners, the firm conducting the sale effort, has led this bidder to believe this is a competitive situation b/c he feels the bidder has indicated there is room to increase the bid. As articulated in my 11/17 email, this bidder had indicated that if their bid was acceptable, they would likely want to do a bit more confirmatory due diligence. They will be traveling down to do a site tour of the property this week, will come back and submit a final and best bid by the end of next week with the intention to close by year end. The GP is on board with this. This bidder is an investor in the Molpus Fund I and recently subscribed for Fund IV as well. Will be back with additional update when I have one. Eileen Alexanderson Elysium Management 445 Park Avenue Suite 1401 New York NY 10022 Phone: Email: 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 EFTA01002138