<table><tr><th>From:</th><th>Joe Avantario</th></tr><tr><td>Sent:</td><td>Saturday, June 4, 2016 3:02 PM</td></tr><tr><td>To:</td><td>Jeffrey E.; Melanie Spinella; Brad Wechsler</td></tr><tr><td>Subject:</td><td>RE: gaoming commision report.</td></tr></table>

Jeffrey,

The excerpt you have attached below is from the Schedule H of gaming commission filing from 9.30.15 file, not from the current 3.31.16 report file you received last evening.

Schedule H from the 3.31.16 Gaming commission filing is in fact consistent with the 2016 cash flow I sent you this week. It has the fmv of the plane and boat at $14mm and $15.175mm, respectively which are consistent with the numbers in the cash flow. The plane fmv of $14mm is referenced on SCH H of the 2016 cash flow file and the boat fmv of 15.175mm is on SCH E of the same file.

let me know if you have any additional questions,

Joe

From: jeffrey E. [mailto:jeevacation@gmail.com]

Sent: Saturday, June <u>04</u> 2016 9:50 <u>AM</u>

To: Melanie <u>Spinella</u> ; Joe Avantario

Brad Wechsler

Subject: gaoming commision report.

PLease review current market value of boat. and plane.  they dont even match the recent cash flow done last week ,
and the boat is wayyyy  off.!!!    this continues to be silly

--

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