<table><tr><th>From:</th><th>Richard Kahn</th></tr><tr><td>Sent:</td><td>Saturday, February 14, 2015 3:16 PM</td></tr><tr><td>To:</td><td>Jeffrey Epstein</td></tr><tr><td>Subject:</td><td>Fwd: Projector Update</td></tr></table>

Sent from my iPhone

=br>Begin forwarded message:

Key information from the email:

*   From: Dave Raines
*   Date: February 14, 2015 at 9:01:50 AM EST
*   Subject: Projector Update
*   CC: Shaun Kastner, Natacha Carlo, Barry Schurr
*   Recipients are redacted.

Jermaine,

Digital Projection has received the projector and has=diagnosed it. Here are their results:

Unit powers off as repor=ed. Visual inspection - evidence of salt water residue on top cover, as wel= as, inside the projector. Early stages of class 1 rust present on projecto= power supply casing, some hardware screws on Gen I electronics, and inner casing. Issue duplicated as reported= Possible low voltage power related issue. Recommend new Gold GPSU with ass=ciated power looms. Recommend new electronics Gen II. Due to the evidence that this projector has been exposed to salt water an= its corrosive effects, this projector's performance cannot be guaranteed a=ainst additional latent performance issues that simply are not being detect=d during this evaluation, but could become evident in the future.

The estimated cost to replace the suggested parts is $=5,462.75. This does not include anyone from Osbee setting up the proj=ctor on Little St. James Island which can be as much as $5,000 - $10,000 (t=avel expenses included). With the new electronics installed, everything will be factory defaulted and the len= and color calibration will need to be setup again.

I know that you have been e-mailing Shaun requesting a=breakdown of the labor costs for the estimation of repair costs. = So far, we have only incurred $175 in Labor and $600 in shipping charges (=nsured with special packaging) along with a $450 diagnostic fee from Digital Projection.

My personal advice at this point is to not repair thi= unit and move on with a new projector. I am concerned that eve= if we replace these parts, something else will go wrong. The parts Digital=Projection is recommending that you replace are only a portion of the entire projector. Additionally, these repla=ement parts hold no warranty as nobody is sure that the other parts won*=99t damage the new parts if they are also rusted (short circuit). Thi= would only be a starting point...

Digital Projection is willing to give you the followi=g discounts if you chose to move forward with the newer models:cp>

Projector Model

Price

=rade-In Credit

Total Price

Comments

Titan Dual Lamp 1080p-930=o:p>

$ 69,995.00 <=:p>

$ (2,500=00)

$ =nbsp; 67,495.00

Same as current projector, slightly brighter<=span>

Titan Quad Lamp 1080p-200=

$ 89,995.00 <=:p>

$ (5,000=00)

$ =nbsp; 84,995.00

brighter than current projector - 4 bulbs - louder=o:p>

Insight 4K Laser

$ 119,995.00 <=span>

$ (10,000.00)</=:p>

$ 109,9=5.00

12,000 Lumens - Wide Color Gamut — no bulbs need=d

I'm recommending the 4K Laser Projector at th=s time. The world is going 4K and Netflix & Sony are already broa=casting content in 4K. I wouldn't recommend investing i= a 1080p projector when 4K will be the standard in the next few years.

With the new projector, we will make sure that either=a custom enclosure is built around this projector to protect it from the el=ments or work with your carpenter to build a sealed box with a venting syst=m. Both of these solutions will also solve the issue where Jeffery is bothered by the noise of the actual p=ojector.

Please let me know how you would like to proceed as w= can get moving on this immedatley. With all three models above= we have a 4 week lead time as they are all hand built and tested.

President
Osbee Industries, Inc.
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