EFTA02379139.pdf

"From: Richard Kahn Sent: Friday, August 25, 2017 To: Neale Attenborough"

"Richard Kahn HBRK Associates Inc."

"From: Richard Kahn ... To: Jeffrey E. ... please advise on list of contingent liabilities"

"how to deal with liablity. ie ny class action waiting to be certified."

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

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

"I think the 5 million cash =ffer or 6m over time is fair. I look forward to our conversation =n tuesday."

"we did actually pay $18MM =or 42% of this business in 2008"

"official business of Golden Gate Capital shall be understood to be neither given nor =ndorsed by the company."

"Jeffrey is set to join the call and has authority to make the decision to accept or reject."

"As we agreed yesterday: We will lay our a term sheet which includes the deal I spoke of yesterday."

"when Elite Models in Europe contacted us with an interest in buying the company, Faith told me to relay to them that they would not contemplate sellin"

"Joel has said he believes all the cash is due to the models."

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

"distributions from Next directly to the former shareholders of the claxon offshore =entity of approx 3"

"We invested $18 million for a 42% stake in the business... Jeffrey is set to join the call and has authority to make the decision"