From: Lesley Groff <1 To: Rich Kahn Subject: Re: Next Date: Wed, 30 Aug 2017 10:37:39 +0000 thanks On Aug 29, 2017, at 10:56 PM, Richard Kahn < wrote: Richard Kahn HBRK Associates Inc. 575 Lexington Avenue, 4th Floor New Yodc, NY 10022 Tel Fax Cell Begin forwarded message: From: Neale Attenborough < Date: August 29, 2017 at 10:50:47 PM EDT To: Richard Kahn Cc: Chris Lawler Subject: Re: Next She did. Tyler Shean On Aug 29, 2017, at 10:48 PM, Richard Kahn ,cr > wrote: Did heather send dial in number. Please advise. Thank you. Richard Kahn HBRK Associates Inc. 575 Lexington Avenue, 4th Floor New York, NY 10022 Tel Fax Cell On Aug 29. 2017. at 10:40 PM. Neale Attenborough wrote: Richard, Not funny at all, just factual. I think if we are to ultimately agree on value it will be important we agree on a set of facts: 1. TTM EBITDA is $6.7Million. If you disagree, please let us know precisely what items you disagree with in the number and we can discuss. 2. The current cash balance for the company is $13.1 Million. 3. The past three comparable transactions for companies in this market average an enterprise value at —10x multiple of EBITDA EFTA00457610