<table><tr><th>From:</th><th>Joe Avantario</th></tr><tr><td>Sent:</td><td>Wednesday, November 11, 2015 9:22 PM</td></tr><tr><td>To:</td><td>jeffrey E.; Brad Wechsler; Melanie Spinella</td></tr><tr><td>Subject:</td><td>RE: Preliminary 2016 cash flow projections</td></tr></table>

We contemplated that and made the assumption it would be extended at same terms for this cash flow model

From: jeffrey E. [mailto:jeevacation@gmail.com]
Sent: Wednesday, November 11, 2015 4:21 PM
To: Joe Avantario  Brad Wechsler ; Melanie Spinella 
Subject: Re: Preliminary 2016 cash flow projections

plane loan comes due 10-12 million , if not extended by guarantee

On Wed, Nov 11, 2015 at 10:01 PM, Joe Avantario > wrote:

Please see attached. Let me know if I can answer any questions.

Thank you,

Joseph Avantario

Elysium Management, LLC

445 Park Avenue Suite 1401, New York, NY 10022

Tel.

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