<table><tr><th>From:</th><th>Eileen Alexanderson</th></tr><tr><td>Sent:</td><td>Saturday, October 25, 2014 2:50 AM</td></tr><tr><td>To:</td><td>jeffrey E.</td></tr><tr><td>Subject:</td><td>Re:</td></tr></table>

Will lay out formally on Monday but total is $87mil: $67 mil original purchase price for Phaidon $3.2mi1 injected in Phaidon in early 2013 Credit line from BFP has $8mil for Phaidon and $2.75mi1 for Regan Arts=/div> ArtSpace $5.5mil on purchase + $250k post close No activity in LitKit.

## Sent from my iPhone

On Oct 24, 2014, at 8:22 PM, "jeffrey E." <jeevacation@gmail.com <mailto:j=evacation@gmail.com» wrote:

please lay out all monies tied up in publishing = . phaidon reagon, art space. lit .. etc. total ?=90? 95 ?

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