From: Rich Kahn
Sent: Wednesday, March 23, 2011 1:57 PM
To: 'Jeffrey Epstein'
Cc: jeff@mc2mm.com;
I am =xtremely concerned regarding the renewal of the letter of credit. =he outstanding balance is currently $784,000.
Although the =usiness seems to have bottomed and is starting to improve our debt is =ehind IRS debt due for NY of
$1,200,000 and Miami $600,000. I =nderstand that $150,000 was repaid to the IRS over the past 3-4 months =nd that
resulted in no pay downs on our line. If $1,800,000 needs =o be paid going forward how will this line ever be =epaid??
Rich =ahn
HBRK Associates =nc.
301 East 66th Street, =uite 1OF
New York, NY =0065
tel
fax
cell =
1
EFTA_R1_00154174
EFTA01806540