EFTA00861069.txt

"From: "jeffrey E." <[email protected]> To: David Mitchell."

"From: Richard Kahn... To: "jeffrey E." <[email protected]>"

"From: Andrew Altersohn... To: Richard Kahn"

"Andrew Altersohn Chief Executive Officer AD/FIN"

"Richard Kahn HBRK Associates Inc."

"DAVID MITCHELL Mitchell Holdings LLC"

"finally met with Howard"

"based upon valuation below of 30,000,000 STC 4.29% interest is worth $1,287,000 as we are in the process of cleaning up some of our smaller investment"

"To maintain your pro rata fully diluted Southern would have to invest in $85,695"