From: Farkas, Andrew L. <1 Sent: Saturday, April 13, 2013 12:15 AM To: [email protected]' Subject: Re: I don't feel awkward in the slightest. I think your people are interpreting what they see in a manner that is best for their perspective and to cover their asses. I think they're dead wrong. None of the people responsible for this transaction 5 years ago are still at IGY nor have they been for many years. This was not a situation in which your investment was solicited. It was something on which you insisted if you recall. I was trying to accommodate your desire to own 50% of the asset personally because of the nexus to LSJ. It was difficult to implement at the time because it was a related party transaction, would be seen by everyone, and thus every benefit of the doubt had to be given to IGY in which you and I both represented investors. The transaction, as I understand it, was a fixed price contract for a 50% interest. I did not negotiate the price, the contract or anything else. I have absolutely no idea how the number was arrived at and by whom. On either side. I don't know who did the deal for you either. But my recollection is that you were clear with me that you wanted to own half of it and I told people to see to it. Period. It was a 50/50 deal on the real estate and IGY and was to have retained all of the other rights and benefits it would have had if you had never been admitted. IGY is a branding, management, leasing and fee based company. To the best of my understanding that is what was done. My sense is that your team is trying now as hard as possible to demonstrate that something untoward happened. And its simply not true. The deal that was struck by those responsible for striking the deal (obviously not you or me) is the deal that was struck and the audits of the past 5 years seem to bear that out. If it is your desire to continue to have your folks dig through this, then please do so. There is nothing to find, jeffery. I