From: Larry a> To: Je vacation <jeevacationqe5gmail.com> Subject: Fwd: BBJ SN 29200 JEGE- WPB 12/31/2017 Date: Mon, 01 Jan 2018 00:42:41 +0000 Attachments: LOI_LELAC_SIGNED.pdf; ESN_874584.xls; ESN_875066.xls; N43FC12272017125316.pdf Jeffrey Below is an Email from Frank, explaining the bullet points of the BBJ engine deal., you were correct„ scam, he doesn't have the $2M deposit, I don't understand why the engine buyer would provide the deposit? Manny at FJTurbines did not return my phone call on Friday regarding cost of BBJ -7B27 engines, I will have pricing on Tuesday. I mentioned to Frank we would prefer a Longer demo flight, Frank informs we could only accomplish a 2 hour flight according to his LOI to the seller. See attached LOI 's Thx, Larry Sent from my iPad Begin forwarded message: Front: "LELAC AEROSPACE" <info041elacaero.org> Date: December 31, 2017 at 4:37:43 PM EST To: "'Larry"' Cc: Subject: FW: BB.1 SN 29200 JEGE- WPB 12/31/2017 Iii Larry, The below is a recap of our conversation we had several weeks ago regarding MSN 29200. As stated, we have secured a buyer for both engines installed on MSN 29200 at 10MM USD E/A. Main reason for this is due to the current mint condition of the engines. Another major reason we are fortunate to have this deal on the table is the fact that new engines from the OEM are costing in excess of $13.5MM e/a with a 180 day lead time. Our 2 engines are stock ready to ship on 1/31/2018. Making our offer a win-win for the buyer. Below the bulletpoints reflecting a checklist of the process moving forward: (1) LOI executed between Seller and Lelac Aerospace 30December2017 (2) Lelac is arranging funding of (escrow deposit in the amount of $1.95MM USD) 3rd party funder should have the escrow deposit NLT 08JAN2017. EFTA00931792