From: jeffrey E. <[email protected]> Sent: Monday, September 19, 2016 6:56 PM To: Melanie Spinella dec 2015 IT, still desperately needed-=reporting flawed cumbersome and inaccurate . all done by hand as =AO one -off exercises , - airplane: re structure, (my only sugge=ted priority in june ) is really ,no further ahead, consultants up the kazoo but nothing at all done.( the office was told that i cannot even see the proposals=20 received without brads specific authorization ) - brad has no idea ev=n as to what questions to ask. he knows little of finance, is run roughshod over by almost everyone in the office. he is a little man ,=20 using your power, to appear larger . Eileen was self aware enough to know she was over her head , that is a huge difference. bad inf= is rampant ie 3 million in deductions Im told are taken for art space but on closer examination i= turns out they cannot be used at all. ( ZERO benefit ) though you will be told=20 yes they were deducted on the return they said that is the question=20 they get asked ! " were they deducted " not -" i= there a benefit " !! I asked for the balance sheet and P and L for Regan arts , a basic first step in order to check your financials. =C2 "sorry we never got one?" though 9.8 million invested, no p&I, =AO nothing , a construction project run amok , no budget, the coo fired aft=r only 3 months. , no clue . I can add that artspace As yo=r friend and in order toturn the page. I will try to be constructive=br>The following is a list of things I think would be in your=interest to get done asap .but definitely not by me . =A0 i suggest you form new grats. =AO, hire a high level tax partner. use your trading accoun=s as they remain the paramount requirement 16 months after i emailed to you the=r importance. , I suggest you consider having the 49percent of <=pan>phaid=n merged into artspance and have Richard buy artspace. re-do bank loans. no need to pay interest at higher rates on b=at or