EFTA00862056.txt

"From: Jeffrey E. <[email protected]> To: Melanie Spinella Date: Tue, 17 Mar 2015 18:21:55 +0000"

"Brad Wechsler 11:29 AM (50 minutes ago) to me Jeffrey, A few broad points regarding your note:"

"6 or 7 Black Family Entities with a month-by-month cash flow for each one... The primary use of this final roll-up will be for Leon"

"This will be a planning tool for you and me (and for Leon if he wishes to take a deeper dive)."

"exactly the same format that you and Rich developed at the end of last year"

"If you want to schedule a call with Rich and me to go over specific questions, we should do it."

"What you're seeing is an iterative month-by-month 2015 cash flow projection for a few Black Family entities."