From: Richard Joslin <██████████████████████████████>
Sent: Tuesday, February 24, 2015 2:17 PM
To: jeffrey E.

I am looking into whther the debt I bona fide =iven the payor and payee are the same for income tax purposes. If it=is, then I think Midco will continue to have debt obligation and to =he extent that the debt is not paid back, there will be COD income (possibly) to Midco

Richard Joslin

CFO

Elysium Management LLC

445 Park Ave

Ste. 1401

New York, NY 10022