EFTA00829433

From: "Jeffrey E." <jeevacation@gmail.com> To: Richard Kahn Subject: Re: Banco Popular Date: Thu, 14 Apr 2016 18:10:29 +0000 jee name get biz license , cant hurt On Thu, Apr 14, 2016 at 2:04 PM, Richard Kahn < wrote: please advise I) pass on FSF account at Banco 2) obtain business license for FSF and deal with annual renewal 1 year from now 3) open Banco in jee name 4) pass Richard Kahn Begin forwarded message: From: "Jeanne" <I Subject: RE: Banco Popular Date: April 14, 2016 at 11:20:29 AM EDT To: "'Darren Indyke'" Cc: "'Cecile deJongh'" I delivered FSF,LLC organizational documents to Banco Popular — and as mention they were having an issue with this entity not having a business license. Their procedures for opening a commercial account — requires the entity to have a business license(BL). They have no mechanism for opening an account in the name of an entity which they require to be under commercial account opening that is not in business — if you recall First bank had this issue and we offered to do an affidavit of not doing business and they accepted this in place of a BL. I offered this as a solution to Banco — which they did not agree too. Banco's suggestion was to open an individual account in JEE's name. In discussing this with branch representatives in red hook they are getting direction from Ms. Gumbs — whom they indicate is head of compliance. Note tax wise FSF is disregarded to JEE and if we decided to get a BL we would have trouble renewing annually as the entity does not file tax returns and would not receive a tax clearance letter. FSF,LLC has a bank account at First Bank, which could be utilized for expense. EFTA00829433 Please advise. From: Darren Indyke mailto Sent: Friday, April 08, 2016 12:44 PM To: Jeanne Brennan < > Subject: Re: Banco Popular I confirm that this is the operating agreement. As for a description of FSF, LLC, I would provide the following: "FSF, LLC was originally formed to serve as company to provide its principal with limited liability in connection holding assets to be acquired by the Company. It is now to be used to purchase products and services in connection with the design, building, and furnishing of improvements on Great St. James, a cay located in the U.S. Virgin Islands and beneficially owned by FSF, LLC's principal." What kind of document will Banc Popular need? Please advise. Thanks. DARREN K. INDYKE DARREN K. INDYKE, PLLC The information contained in this communication is confidential, may be attorney-client privileged, and is intended only for the use of the addressee. It is the property of Darren K. Indyke, PLLC. Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail, and destroy this communication and all copies thereof, including all attachments. Copyright of Darren K. Indyke, PLLC - O 2016 Darren K. Indyke, PLLC — All rights reserved. On Apr 5, 2016, at 12:36 PM, Jeanne > wrote: Darren, Attached are the organization documents for FSF LLC- that will be provided to Banco to open the account. SS-4, COE and AOO and the Operating Agreement Please confirm that the operating agreement attached is the one still in EFTA00829434 effect. In addition this entity does not have a business license and will need a write-up on its purpose. Can you please put together a document that we can provide to Banco. Attached is the affidavit that was provided to First bank to open the account for your reference. We are not sure of Banco's procedures are for account openings with no business license. Jeanne Original Message----- From: Richard Kahn [math() Sent: Monday, April 04 2016 2:41 PM To: Jeanne Brennan ; Cecile deJongh Cc: Darren Indyke Subject: Banco Popular Jeffrey asked that we set up an account in the name of FSF LLC with 200,000 funded from jee personal account Can you please initiate paperwork and coordinate with Darren on any paperwork needed for FSF LLC Thank you Richard Kahn HBRK Associates Inc. <FSF not doing business.pdf,<FSF SS-4 EIN.pdf><FSF operating agreement.pdf,<FSF COE and AOO.pdf> please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and EFTA00829435 destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00829436