From: Gianni Serazzi To: "jeffrey E." <[email protected]> Subject: Re: Good news Date: Sun, 10 May 2015 15:24:24 +0000 We can do anything that you think is right. I trust you. If I close this deal with your support, you will have on top of the guarantees and proper financial returns also my eternal gratitude. I can pay 10% interest with all the collaterals mentioned if you think it's fair (to my mother I am not giving any collateral as she is well, my mother, thus all the collaterals are still there even if the amount is lowered from 6 to 4) I am putting all I have on the line for this because I know I can pay you and my mother back very quickly, and I will work for free and bring back my investment later Then with the strong basis of the largest operations in italy and a combined free cash flow that I will bring to 2.5- 3M Eur per year I will push hard for international expansion to build a new global network. I already have the people, the strategy and the support to do it. Get ready because I will open also in NY :) Thank you GS PS 2morrow has opened in montaigne in Paris the small operations discussed. We have the license and a team of 2 bookers for the moment. In the first weeks are doing well, but we are doing limited investment as discussed with you On Sun, May 10, 2015 at 5:04 PM, jeffrey E. <[email protected]> wrote: what terms do you propose? On Fri, May 8, 2015 at 4:44 AM, Gianni Serazzi wrote: Dear Jeff, just finished talking with my mother. She agreed to get a bank loan for —2M (she does not have much more) and then finance 2M of debt. This brings the debt amount needed to close from 6 to 4M (of which 2 or 3 payable back in a matter of few weeks) Thx please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of EFTA00702946