From: Richard Joslin < To: Jeffrey E. <Jeevacation©gmail.com>, Eileen Alexanderson Cc: Brad Wechsler < Subject: RE: Re: Sent: Monday, February 23, 2015 2:36:52 PM For 2014 — no. Leon is Lender and Borrower for federal income tax purposes. LOB 2011 LLC is owned by 2011 Trusts (first half of 2014) and APO 1 (second half of 2014) which are grantor trusts for income tax. For 2013, imputed (phantom income) was reported. From: jeffrey E. [mailto:[email protected]] Sent: Monday, February 23, 2015 9:27 AM To: Eileen Alexanderson Cc: Richard Joslin; Brad Wechsler Subject: Re: Is there phantom income to be declared On Monday, February 23, 2015, Eileen Alexanderson < wrote: Support for the actual money transfers is attached Eileen Alexanderson Elysium Management From: Richard Joslin Sent: Monday, February 23, 2015 8:48 AM To: Jeffrey E.; Eileen Alexanderson; Brad Wechsler Subject: RE: Attached is an explanation of children note restructuring. Ada had circulated this on 11/26/2013 to Barry, Alan. From: Jeffrey E. Sent: Monday, February 23, 2015 7:50 AM To: Eileen Alexanderson; Richard Joslin; Brad Wechsler Subject: lets have a call early afternoon if possible to review Phaidon structure and bens notes. I recall there being a chart of phaidon strucutre . but it did not include cash movements with specificity. ie where did the money go.- flow. -with precision to location and amounts etc.. I dont know what the word " Papered " means! and if there is" paper". I would like to see it. documents that reflect all debt , payments cancellations. purchases. decanting etc. . all entities EFTA_R1_00041449 EFTA01747188