<table><tr><th>From:</th><th>Alireza Ittihadieh &lt;alireza@freestreambermuda.bm&gt;</th></tr><tr><td>Sent:</td><td>Wednesday, March 16, 2016 10:39 AM</td></tr><tr><td>To:</td><td>Jeffrey E.</td></tr><tr><td>Subject:</td><td>Re:</td></tr></table>

I don't think 95 serial numbers newer equals to Engine program and 144=month. FYI on a valuation $1.5M is given for every year.

The market is trading, we are in the midst o= it.

ROP with Engine Program would be a $22M+=- aircraft today.

5010 just sold for $22M with 1300 hours.&nbs=;

Your friend is a bottom feeder and frankly i= going to be screwed. Is Larry advising him too? ;-)

Alireza I.

On 16 Mar 2016, at 11:19, jeffrey E. <jeevacation@gmail.com <mailto:jeevacation@gmai=.com> > wrote:

I wanted to show you real prices , not offered=prices. thats why i sent you the email from avpro to ste=e.. and because I trust you not to divulge his deal. &n=sp; . my thinking was that I think the engine program plus 144month=nbsp; is equal to the three years newer. so the right price for ROP is 18.5 =ame as 5017. both interiors need redo . before i made that bi= , i wanted you to understand the thinking

On Wed, Mar 16, 2016 at 4:36 AM, Alireza Ittihad=eh <alire=a@freestreambermuda.bm <mailto:alireza@freestreambermuda.bm> > wrote:

It's 3 years newer, that is or has to be worth something

V-BR
Alireza ITTIHADIEH

From: Jeffrey E.
Sent: Wednesday, 16 March 2016 02:35
To: Alireza Ittihadieh
Subject: Re:

engine program, ? worth at least 1.2 mil yes/?=nbsp; 144 month 250k? or more?

On Tue, Mar 15, 2016 at 8:34 PM, Alireza Ittihad=eh <alireza@freestreambermuda.bm <mailto:alireza@freestreambermuda.bm> > wrote:

Once again; You have=flawed information

=/span>

5017 Has 2757 AFTT./ R=P has 2600 hrs

5017 is a Head Haw\ ule=/ROP is a VIP Aircraft

</=pan>

3 year Age Difference<=>

=/span>

From: jeffrey =. [mailto:jeeva=ation@gmail.com <mailto:jeevacation@gmail.com>]
Sent: Tuesday, March 15, 2016 7:31 PM
To: Alireza Ittihadieh
Subject:

ali, hanson is one of my friends &n=sp; . i told him id ask you your thoughts. a= you can see ge capital owns 5017. want out. . als= fyi the russian shower gulfstream is now at 18.5 . as =s

From: Kevin Wh=te <kwhite@av=rojets.com <mailto:kwhite@avprojets.com» Date: March 15, 2016 at 2:38:54 PM EDT To: Stephen Hanson <shanson900@gmail.com <mailto:shanson900@gmail.com» Subject: RE: GS # 5017

Mr. Hanson, =/u>

I have communicated yo=r offer with the bank and they are willing to accept an offer of $19m with=the 144 month as part of your prebuy inspection. If this acceptable =lease let me know.

ali, =/u>

they are indicat=ng a deal at 18 750.

lower time than ROP.&n=sp; and on engine program, though earlier by 3 years.&=bsp; . doesnt it say perlmans is worth 19m?

please no=e

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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

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