<table><tr><th>From:</th><th>Ari Glass</th></tr><tr><td>Sent:</td><td>Friday, March 18, 2016 7:40 PM</td></tr><tr><td>To:</td><td>jeffrey E.</td></tr><tr><td>Subject:</td><td>Re: Boothbay Capital follow up</td></tr></table>

## Sorry

To clarify. Did you mean Email you the capit=l drawdown schedule ? Or to schedule a meeting ?

## Sent from my iPhone

On Mar 18, 2016, at 3:37 PM, jeffrey E. sieevacation@gmail.com <mailtoleevacation@g=ail.com» wrote:

i will try , can you email me on sunday so i w=ll know my schedule

On Fri, Mar 18, 2016 at 3:37 PM, Ari Glass

wrote:

Jeffrey

HI. I hope all is will.

I know  has been wo=king with my office to try to find a time for us to meet. I know it=92s been a little challenging.

I hope we get it done soo= but if we don't, can I assume the schedule laid out at the bottom of th= email chain is still intact or should I not assume that and then wait until we meet. As we do back to back allocations, ther= is a lot I need to do as things evolve. Please let me know.

As always thanks for your=continued support.

Best regards

Ari<=p>

From: jeffrey =. Imailto:jeeva=ation@gmail.com <mailto:jeevacation@gmail.com> I Sent: Thursday, February 25, 2016 3:19 PM To: AN Glass Subject: Re: FW: Boothbay Capital follow up

## Sent from my iPhone (cont.)

On Thu, Feb 25, 2016 at 8:19 PM, Ari Glass <AGlass@bbaymgmt.com=gt; wrote:

Ok</=> 

Ill arrange with <=span>

In the meantime should I =ake this to mean that nothing will happen for March 1?

It's not a problem, but=l just need to juggle some things on this end so if so please confirm and ='ll take care of what I need to on this side

</=>

Best=/p>

ari.=/p>

</=>

</=>

From: Jeffrey =. (mailto:jeeva=ation@gmail.com <mailto:jeevacation@gmail.com> I Sent: Thursday, February 25, 2016 2:17 PM To: Ari Glass Subject: Re: FW: Boothbay Capital follow up

no sorry folloiwng week

On Thu, Feb 25, 2016 at 8:08 PM, Ari Glass <AGlass@bbaymgmt.com=gt; wrote:

## See me?<=u>

Did you mean in west palm= I happen to mention to Leslie that I'll be down there on Monday a=d Tuesday for a conference I'm speaking at.

If you are around, I'm =appy to come by. Just please let me know.

</=>

</=>

From: Jeffrey =. (mailto:jeeva=ation@gmail.com <mailto:jeevacation@gmail.com> Sent: Thursday, February 25, 2016 2:07 PM To: An Glass

## See me?<=u> (cont.)

Subject: Re: FW: Boothbay Capital follow up

got it. see you next week,

On Thu, Feb 25, 2016 at 8:04 PM, Ari Glass <AGlass@bbaymgmt.com=gt; wrote:

Sent previously on 11<=up>th and 19th.

Please confirm receipt=of this one.

Best<=u>

ari<=>>

From: Ari Glas=
Sent: Friday, February 19, 2016 3:44 PM
To: jeeva=ation@gmail.com <mailto:jeevacation@gmail.com>
Subject: FW: Boothbay Capital follow up

## Jeffrey,=u>

Following up on the be=ow email. We have started making commitments so please let me know i= there is any change or if this is a problem in any way.<=u>

Thanks

Ari</=>)

From: Ari Glas=
Sent: Thursday, February 11, 2016 10:39 AM
To: jeeva=ation@gmail.com <mailto:jeevacation@gmail.com>
Subject: Boothbay Capital follow up

## Jeffrey

It was good to see you. Thanks again for your =upport and your flexibility of timing.

## Jeffrey (cont.)

As promised, I’m getting back to you with an ideal=schedule for us. Please let me know if this works.

March -$10m

April $12m

May $14m

June $14m.

As mentioned in my last email, for your accounts we =ill continue to honor the initial founders share class terms and not charg= the terms new investor capital is being charged.

After being out the last two weeks for two conferenc=s and a family vacation, I am back in the office if you have an= questions.

Best regards

Ari

Ari Glass

Boothbay Management<=span>

Managing Member

810 7th A=e

Suite 615<=u>

New York, NY 10019</=pan>

████████████████████

## Jeffrey (cont.)

The information contained in this e-mail and any att=chments may be legally privileged, proprietary and/or confidential. If you=are not an intended recipient, you are hereby notified that any use, copyi=g, disclosure or distribution of all or any portion of this e-mail and any attachments is strictly prohibit=d. If you received this e-mail in error, please notify the sender, permane=tly delete the e-mail and any attachments, and destroy all hard copies imm=diately. This communication should not be regarded as an offer, solicitation or recommendation to sell or pur=hase any security or other financial product. Boothbay and its related ent=ties reserve the right to monitor and/or save all e-mail communications th=ough their networks.

please no=e

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 <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved

The information contained in this e-mail and any att=chments may be legally privileged, proprietary and/or confidential. If you=are not an intended recipient, you are hereby notified that any use, copyi=g, disclosure or distribution of all or any portion of this e-mail and any attachments is strictly prohibit=d. If you received this e-mail in error, please notify the sender, permane=tly delete the e-mail and any attachments, and destroy all hard copies imm=diately. This communication should not be regarded as an offer, solicitation or recommendation to sell or pur=hase any security or other financial product. Boothbay and its related ent=ties reserve the right to monitor and/or save all e-mail communications th=ough their networks.

please no=e

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 <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof,

## Jeffrey (cont.)

## including all attachments. copyright -all rights reserved

The information contained in this e-mail and any att=chments may be legally privileged, proprietary and/or confidential. If you=are not an intended recipient, you are hereby notified that any use, copyi=g, disclosure or distribution of all or any portion of this e-mail and any attachments is strictly prohibit=d. If you received this e-mail in error, please notify the sender, permane=tly delete the e-mail and any attachments, and destroy all hard copies imm=diately. This communication should not be regarded as an offer, solicitation or recommendation to sell or pur=hase any security or other financial product. Boothbay and its related ent=ties reserve the right to monitor and/or save all e-mail communications th=ough their networks.

please no=e

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 <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved

The information contained in this e-mail and any attachments may be legally=privileged, proprietary and/or confidential. If you are not an intended re=ipient, you are hereby notified that any use, copying, disclosure or distr=bution of all or any portion of this e-mail and any attachments is strictly prohibited. If you received th=s e-mail in error, please notify the sender, permanently delete the e-mail=and any attachments, and destroy all hard copies immediately. This communi=ation should not be regarded as an offer, solicitation or recommendation to sell or purchase any security =r other financial product. Boothbay and its related entities reserve the r=ght to monitor and/or save all e-mail communications through their network=.

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

## including all attachments. copyright -all rights reserved (cont.)

communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved

The information contained in this e-mail and any attachments may be legally=privileged, proprietary and/or confidential. If you are not an intended re=ipient, you are hereby notified that any use, copying, disclosure or distr=bution of all or any portion of this e-mail and any attachments is strictly prohibited. If you received th=s e-mail in error, please notify the sender, permanently delete the e-mail=and any attachments, and destroy all hard copies immediately. This communi=ation should not be regarded as an offer, solicitation or recommendation to sell or purchase any security =r other financial product. Boothbay and its related entities reserve the r=ght to monitor and/or save all e-mail communications through their network=.