<table><tr><th>From:</th><th>Richard Kahn &lt;</th></tr><tr><td>Sent:</td><td>Monday, October 16, 2017 2:37 PM</td></tr><tr><td>To:</td><td>Jeffrey E.</td></tr><tr><td>Subject:</td><td>Barge update from Bosco</td></tr></table>

Richard Kahn
HBRK Associates Inc.
575 =exington Avenue 4th Floor
New York, NY 10022
tel 212-971-1306
fax 212-320-0381
cell 917-414-7584

Begin forwarded message:

From: =/b>Bill Hague

Subject: =/b>Barge.

Date: =/b>0ctober 16, 2017 at 9:39:19 AM =DT

To: <u>=/b</u> >, Daphne Wallace
Rich Kahn

Anna.

I have inspected the barge. There is a small 1/4" =y 4" tear in the hull forward port. I'm putting sealer =n it and on it. It is normally above the water line.

There is some internal damage on the port where =he bulkheads meet the hull. This is damage that can be repaired later =nd will not hinder out use of the ship. I will send photos when the =ystem allows it.

The hydraulic pumps are in Puerto Rico in =he FedEx facility. I'm hoping they fly here today. Motors run. No leaks.

I experienced a vibration in the port side on the sea =rial that needs to be addressed at some future opportunity but it'= manageable but will slow us down a bit.

The information I got from Carlos about damage to =he barge and lack of any operational function of it, cannot be found. I =ave nothing positive to say about this.

Karl and I have pumped out and inspected =ach compartment. I have confidence that we are good to go as soon as we =eceive and install the hydraulic pump.