EFTA02380050.pdf

"From: Richard Kahn Sent: Wednesday, August 30, 2017 2:51 AM To: Jeffrey Epstein Subject: Fwd: Next"

"Richard Kahn HBRK Associates Inc. 575 Lexington Avenue, 4th Floor New York, NY 10022"

"Richard, I think if we are to ultimately agree on value it will be important we agree on a set of facts"

"Rich ... On Au: 24 2017 at 3:28 PM Neale Attenborough wrote"

"Golden Gate Capital shall be understood to be neither given nor endorsed by the company"

"We invested $18 million for a 42% stake in the business ... For the record, we did actually pay $18mm for 42% of this business in 2008."

"Faith and Joel make up the business, nothing more."

"Faith and Joel make up the business, nothing more."

"We received a bona fide offer from OpenGate Capital which would have resulted in $18 million in proceeds for us"

"I think the 5 million cash offer or 6m over time is fair"

"The 18 million dollar bid that you mentioned Faith said was hardly legitimate"

"You have not factored in the liabilities, both reputationally and fiscal yet"

"we have distributions from Next directly to the former shareholders of the claxon offshore entity of approx 3."