EFTA02379352.pdf

From: Sent: Tuesday, October 4, 2011 4:22 PM To: [email protected] i spoke w=th dan. seems a bit less anxious. he must have found some cash for his imm=diate crunch. i put the 3 points to him: more protection, less risk, more upside. he want=d me to talk to his lawyer. i said i would after they came up with some ne= ideas. fyi - this is what is on table now: on protection second mortgage intercreditor agreement giving holder of 2nd the right to cure anyy default= and to buy first mortgage if it is in default i become a co-manager of Ilc with veto on any bankruptcy or other creditor =rotection moves, any new financing, new members, and further amendments to=llc agreement on money terms 18% for 1 year - earned on first day $1,000,000 on sale let's see... 1 EFTA_R1_01392747 EFTA02379352