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Eric:

Hunter says he is available at 10 am eastern time tomorrow to discuss all the outstanding issues. I will circulate a dial in.

Yes I am trying to help resolve the wind down of your and Hunters business relationship.

As a threshold issue it doesn’t seem to be prejudicial to you if hunter is provided a modest cash advance to cover expenses that are coming due/bouncing because of the delay in depositing the check.

Are you able to cash advance Hunter $20,000 by zelle or cash app or another immediate means so that he can cure the NSF that continue to hit his account because of the delay in depositing the check. Importantly, Hunter’s life insurance payment must be paid or there is a chance it will lapse. Because hunter is owed 75 percent of the Eudora check, there are ample funds to cover negotiated expenses that you and he will discuss tomorrow morning.


George R. Mesires
Partner
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On Mar 5, 2019, at 5:09 PM, Eric Schwerin <[email protected]<mailto:[email protected]>> wrote:


George,

Attached is the Executive Overview of the Membership Redemption Agreement. As I mentioned, I have a draft of the Redemption Agreement and the other documents as well, but think it is easier to start with the Executive Overview.

I will need to take a look at the valuation document I prepared earlier and make sure there have been no changes to the valuations. With the caveat that it is very difficult to value the entities.

As for the “expenses” for RSPI, it will be difficult to itemize the exact items paid for with each deposit. The capital contributions are required each month if our net capital falls below 120% of our monthly expenses. I can provide a list of RSPI’s monthly expenses. All the expenses are related to FINRA required regulatory expenses - CCO, CFO, Auditors, FINRA fees, Rent, Fidelity Bond, Liability Insurance etc. That is something that I am happy to walk through by phone.

With the exception of an 11am call tomorrow I am free all day and will make myself available to get this done.

Thanks,

Eric


Eric D. Schwerin
2550 M Street NW
Washington, DC 20037
(202) 333-5196
[email protected]
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<Executive Overview of Membership Interest Redemption Agreement.docx