EFTA00752526.pdf

From: "Rich Kahn" •cMa To: "Jeffrey Epstein" <[email protected]> Subject: Date: Fri, 05 Nov 2010 16:14:16 +0000 MC2 credit line update Rich Kahn HBRK Associates Inc. 301 East 66th Street, Suite 10F New York, NY 10065 From: Jeff Fuller (mailto sent: Friday, November 05, 2010 11:01 AM To: Rich Kahn Subject: LC Payment Estimates Rich, I just wanted to get back to you on the LC. Our current balance is $784k. We are going to make our best effort to make another $40k in payments by the end of the year. Prior to the renewal of the line next year I want to be in the $650 range and I would like to say that is a conservative estimate but am not comfortable doing so. Obviously by the end of 2011 I would like to be in the $450 range. But I am being cautious as we focus on the IRS issues and lock in Miami's payment plan which will probably be 10k per month at the absolute lowest and potentially as high 20k per month depending on the term length of payment plan and how much penalty abatement can be negotiated based on our embezzlement. Best, Jeff EFTA00752526 Jeff Fuller MC2 Model Management 1674 Alton Rd., Suite 500 Miami, FL 33139 SKYPE: MC2Jeff EFTA00752527