<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Saturday, April 7, 2018 1:10 PM</td></tr><tr><td>To:</td><td>Stephen Hanson</td></tr><tr><td>Subject:</td><td>Re: im not involved /</td></tr></table>

the cash and expenses are and have been under =our total control . total. you guys ch=se to open witht he ideat that it would increase the room rate. 40=A0 500k spent would not be made up for a year at b=st even if you were right. all no real numbers. . = am at the elysee with the finance minister. their numbe=s are clearer for the country than yours and davids are for a hotelar>

On Sat, =pr 7, 2018 at 3:02 PM, Stephen Hanson wrote:

Jeffery thi= is the restaurant business 80% failure rate Weather is a big fa=tor And there is never a guarantee that the Resturant will=be successful - even with great reviews But it was conceiv=d to be for a 4 star hotel with rates $100 higher then we are gettingQ=A0 That person is a entirely different guest - different spend=C240 At my cost I'm trying to keep it open for another = weeks - see if weather will corroborate and see if the restaurant can mak= it - we are out of cash -

## Sent from my iPad

On Apr 7, 2018, at 8:51=M, jeffrey E. <jeevacation@gmail.com <mailtoieevacation@gmail.com» wrote:

i am fully on your team. f=lIy . . I was never told that there were 23 people=are your team in this deal as i was guaranteeeing david to he=p protect YOU. I asked not to have howie make sill= demands. I have been doing my best listeing to buyers=C240 questions. tom is the best hotel person. ple=ty of questions. super bad projections super bad due dil=gence. . super bad record keeping. no oversight. n= cash flow numbers. etc etc etc. .

l=just dont have the patience to see s000 many funky numbers. it= not what i do well. this is biz not health =o hardly a tragedy. in my view.

at 2:42 PM,-Stephen Hanson
wrote:

Threading to quit - I have said we=are out of money and need to close what do you do when your out of

m=ney

Sent from my iPad

## Sent from my iPad (cont.)

wrote:

one potential said that it appears=the restaurant monies have no oversight, and have been threatened w=th you quitting repeatedly. I really want to stay =ut as both of you are friends. and no matter what will alwasy =e. .

I have ignored the valuation gu=s questions. as they are too provocative. the bene=it of spending over 600k . since dec. . nothing to show for it.. 200k per month of revenue - half of proje=tions not off 10 , 20 or 30 percent. . .but 50 . =br>

you told me you would know in two weeks from opening wh=ther it would work. ? its been three months. . I only wi=h you guys well. . even today alans numbers do not tell =e what breakeven is. even before rent. / 410=A0 i onlyh see numbers. . and dont pay much attention to=gossip.

On Sat, Apr 7, 2018 at 2:31 PM, Stephen Hanson &lt;stephen@hansonweb.com&gt; wrote:

FYI the partners have asked for a audit

## Sent from my iPad

On Apr 7, 2018, at 8:14 AM, jeffrey E. =Itjeevacation@=mail.com <mailto:jeevacation@gmail.com» wrote:

I bleieve that you have asked for an audit. . =avid has asked for an accounting of where money transferred to the r=staurant has gone. time waste at the moment . 40,=A0 SELLINg the only thing. i think. BT= tco rules changes 2 months ago. I ye asked david to make a hardship=claim. lets see.

On Sat, Apr 7, 2018 at 2:04 PM, Stephen Hanson a wrote:

There is zero communication on what's going on with=sale - like to help but

have zero ability

## Sent from my iPad

On Apr 7, 2018, at 7=53 AM, jeffrey E. <jeevacation@gmail.com <mailto:jeevacation@gmail.com» wrote:

## Sent from my iPad (cont.)

I suggest you concentrate on gettting the h=tel sold. no more no lesss. plenty of time a=terwards to do forensics on what and why . ? you and day=d for the moment are aligned in that one goal. . fighting over who s=ent what and why is silly at the moment for you both, =C24>

=C2�>>

please note

The information co=tained in this communication is confidential, may be attorney-client pr=vileged, may constitute inside information, and is intended only for

JEE

Unauthorized use= disclosure or copying of this communication or any part thereof is str=ctly prohibited and may be unlawful. If you have received this commu=ication in error, please notify us immediately by return e-mail or by e=mail to jeevaca=ion@gmail.com

<mailto:jeevacation@gmail.com>, and

destroy this communication and all copies thereo=, including all attachments. copyright -all rights reserved

</=iv>

=C2

please note

The informat=on contained in this communication is confidential, may be attorney-cli=nt privileged, may constitute inside information, and is intended only =or the use of the addressee. It is the property of JEE

Unauthoriz=d use, disclosure or copying of this communication or any part thereof =s strictly prohibited and may be unlawful. If you have received this

return e-mail o= by e-mail to j=evacation@gmail.com

<mailto:jeevacation@gmail.com>, and

destroy this communication and all copies =hereof, including all attachments. copyright -all rights reserved </=iv>

�=AO

please note

## Sent from my iPad (cont.)

The information contained in this=communication is confidential, may be attorney-client privileged, mayconstitute inside

information, and is intended only for

the use of the=addressee. It is the property of JEE

Unauthorized use, disclosure or=copying of this communication or any part thereof is strictly prohibite= and may be unlawful. If you have received this communication in err=r, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com<=a>, and destroy this communication and all copies thereof, including=all attachments. copyright -all rights reserved

=lease note

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<=iv dir="Itr"> please note <=iv>The information contained in this communication is confidential, may=be attorney-client privileged, may constitute inside information, and i= intended only for the use of the addressee. It is the property of J=E

Unauthorized use, disclosure or copying of this communication or a=y part thereof is strictly prohibited and may be unlawful. If you have =eceived this communication in error, please notify us immediately by jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication=and all copies thereof, including all attachments. copyright -all right= reserved

4

## Sent from my iPad (cont.)

# --089e08e569dfbc532d056941e365-- conversation-id 10516 date-last-viewed 0 date-received

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