EFTA01040970.txt

"From: "Jeffrey E." <[email protected]> To: Richard Kahn Subject: Re: Honeycomb - Spotify Date: Fri, 07 Jul 2017"

"JE will have ability to compel with his $1MM investment in the Honeycomb fund"

"From: Darren Indyke To: Richard Kahn Subject: Privileged and Confidential Date: July 7, 2017"

"Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor"

"the Honeycomb Fund can hold on to the investment for as long as it likes and JE's money is locked up... require the GP to sell the spottily investment"

"JE's money is locked up and he can't really do much about it"

"attached are darren's comments... JE has no guaranty of when he can expect to receive repayment of his investment"