From: Karyna Shuliak To: Jeffrey <[email protected]> Subject: Fwd: Bin Date: Tue, 02 Apr 2019 16:45:43 +0000 Begin forwarded message: From: "Marc.Kensington" Date: April 2, 2019 at 12:35:32 PM EDT To: Karyna Shuliak Cc: Alex Peto , Mark Lloyd Subject: Re: Bin Dear Karyna, You offered to give a 4 years loan to the vendor or was I wrong ? What means 46 million in debit during 4 years. My solution is needs much less cash. - 21 million for Pamur paid to the vendor - 8 million for buying the property in Morocco - 29 million all together and 6 million back to Pamur owned by you after 4 years (1, 5 million in 2020, 2021, 2022 and 2023) - the taxes are paid by the 8 million (for this reason only 6 million back) - no loan to the vendor and full control of the money going back to Pamur. And the vendor pays the taxes in Morocco unser your control. This is a complicated solution to manage both interests. But may be too complicated. Kindest regards Le mar. 2 avr. 2019 a 18:07, Karyna Shuliak < > a ecrit : Dear Marc, I. The tax problem is not mine and we would NEVER do anything to try to avoid. Its not the way we do business. 2. Do I understand correctly that you propose I pay 21 million to vendor, 8 million to pamur plus 2 million for fees and tax to government subject to your trying to get a reduction? So a total of 31 million out of pocket and then get back 8 over 4 years ??? Sincerely, Karyna EFTA00553387