From: Farkas, Andrew L. Sent: Wednesday, December 14, 2016 4:53 PM To: Florida Science Foundation Subject: Fw: Would you like detail than the attached? Sent from my BlackBerry 10 smart hone. From: Mukamal, Thomas Sent: Wednesday, December 14, 2016 11:50 AM To: Farkas, Andrew L. Subject: RE: We had a meeting (phone) with Rich Kahn. We =hared all the work we've done on structural issues and costs to fix them=(+/- $7M (not fully bid out)) which exceed our cash balances of around $3M. We also discussed with Rich that there is gr=nt money available potentially to bridge part of the gap (+/- $1.5M) a=d that perhaps BPPR was interested in lending us more money. There i= ROI in the event we can finance a chunk of the work with federal funds and cheaper debt (we are currently at 4.5% with BP=R). Rich agreed that the next step would be for us to =alk to approach BPPR. We have spoken to them and they are interested=in financing us. We sent them a full package of materials late November to evaluate the opportunity. They do take a while but =ave come through for us in the past as they like the asset. When we =an get an indication on how much BP would lend — we will revert back to =ich and go from there. Helpful? From: Farkas, Andrew L. Sent: Wednesday, December 14, 2016 11:38 AM To: Mukamal, Thomas Subject: Fw: ? See attached. EFTA_R1_01918538 EFTA02666961