From: Adam Bly
To: Jeffrey Epstein <jeevacation@gmail.com>
Subject:
Date: The, 02 Nov 2010 15:28:27 +0000
We sent 2011-2012 cash flows. It's a solid picture- cash flow positive from operations and
profitable - we are seeing revenues pick back up and we've cut overhead meaningfully. There
are also enough levers on cost side to balance out if for some reason we don't meet
projections.
It shows that with $1 million in financing we solve all our problems, incl. historical A/P,
taxes, etc. and get back to business!!
Prepackaged bankruptcy doesn't make sense because we'd tarnish our most valuable asset, the
Seed brand, and compromise our contracts with GE, McGraw Hill, etc. What makes more sense
is negotiating hard on old A/P with cash on hand. Vera is very very good at that.
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