<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Thursday, May 21, 2015 10:30 AM</td></tr><tr><td>To:</td><td>Richard Joslin</td></tr><tr><td>Subject:</td><td>Re:</td></tr></table>

i want to see numbers availablity. etc. do we have t= sell hedge fund.? investment. ?

On Thu, May 21, 2015 at =2:39 AM, Richard Joslin < > wrote: <=lockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:lpx=kcc solid;padding-left:lex"> I spent a good deal of time on this. Given the Picasso purchase=and the timing of these payments, LDB cash availability is limited if he i= to also make brokerage funding of $15mm and fund APO1 interest on note ($=0mm). I am also assuming that DRB cash of $13mm will not be used for this purpose. I am also assuming APO c=sh distributions of $0.35 (August) and $0.34 (Nov) which exceed the $0.33 =istribution in May. BFP cash can be used but this would reduce BFP =istributions and impair LDB cash flow to pay for the above. Last, I am assuming art loan draws of $42.5mm to =over $63.5mm of Picasso payments in June and Oct.

Trusts have cash to cover $25mm at current time and cash needs are suf=iciently spaced to not have any squeeze. I would think a loan from =rust to LDB would be means to fund payment. Alternatively, a loan f=om trusts to BFP and increase BFP distributions and have fee paid 6/3 and 7/24 from GRAT annuity and partially from Leon&#=9;s incremental BFP distribution.

On May 20, 2015, at 11:04 PM, jeffrey E. <jeevacation@gmail.com <mailto:jeevacation@=mail.com» wrote:

??

<u>On</u> Wed <u>Ma 20 2015</u> at 7:24 AM, Richard Joslin =span dir="ltr"> <mailto > wrote:

I am working on this. Will have today

On May 19, 2015, at 9:16 PM, jeffrey E. <jeevacation@gmail.com <mailto:jeevacation@g=ail.com> >
wrote:

weren't you going to get me some proposals for 25m

On Tue, May 19, 2015 at 6:48 PM, Richard Joslin =span dir="ltr"> <████████████████████
<mailto███████████████████> > wrote:

ESWW shares in name of Financial Trus= Company and signed stock power (Nov 2012) located in EA office (Mar=2015). Stock power was invalid and new stock power was executed and provided to JP Morgan by family office (Mar 2015). =P Morgan went to ESWW transfer agent (Bay City) and was notified tha= the certificates submitted were invalid due to ESWW reverse stock split (=013) as new certificates had been issued by ESWW to replace all previous certificates. Family office re=ched out to Darren Indyke to ask if he could locate new stock certificates=(new certificates would have been issued by ESWW to Financial Trust Compan=). Darren was investigating and liaising with Bay City earlier this month.

From: Jeffrey E. [mailto:jeevacation@gmail.com)
Sent: Tuesday, May 19, 2015 4:43 PM
To: Brad Wechsler; Melanie Spinella; Richard Joslin
Subject:

enviornmanetal solutions is still not done??? =

please no=e

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please =ote

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