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From: jeffrey E. <[email protected]> Sent: Monday, August 17, 2015 3:09 PM To: Gianni Serazzi Subject: Re: it could be debt , there are many alternatives =C2 theory, concpet is that she needs to be first in line to=get her money back . after a reasonable period of time On Mon, Aug 17, 2015 =t 10:48 AM, Gianni Serazzi <[email protected] <mailto:[email protected]» wrote: =blockquote class="gmail_quote" style="margin:0 0 0.8ex;border-left:lp= tIccc solid;padding•left:lex"> For the italian company I t=ink it will be difficult. Giancarlo is the Director of the company and I n=ed him to remain it. If I have 80% he would probably still do it, if I hav= 50% even for a few years I don't think he will accept. There are also=other legal implications I will look into. On the Frenc= company it's much easier as it's a virgin structure and we could =et it up so that we can see 100% of the invoicing done there separate from=ltaly. Thx On Mon, Aug 17, 2015 at 2:53 PM, je=frey E. <[email protected] <[email protected]» wrote: the speratation is somewhat artificial, =C2 so i think it would be probematic. On Mon, Aug 17, 2015 at 12:41 AM, jeffrey =. <[email protected] <mailto:[email protected]» wrote: I think svetlana might want to invest 800 e.= in return she should receive 50 percent of the co. but you wo=ld have the right to buy back half of her position anytime in the next thr=e years for 800 e. . in essence leaving you with 75 % af=er she had her money back, as hers is the most at risk, since the p=ojections have been off dramatically, On Sun, Aug 16, 2015 at 11:32 A=, Gianni Serazzi < wrote: Thank you for your support I agre= that the situation was degenerating from last summer. I had to wait to in=ervene as I was still in the group and I wanted in any case to get Giancar=o's shares back in case things went bad. I am now sure I will fix it</=iv> You have a clear situation in front of you, how wou=d you structure it the bes

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