EFTA02456712.pdf

"From: jeffrey E. <[email protected]> Sent: Wednesday, July 13, 2016 10:49 PM To: Joe Avantario"

"Josep Avantario Elysium Management, LLC 445 Park Avenue Suite 1401, New York, NY 10022"

"we are moving the $40MM in art sales to =he end of the year based on our discussion with Leon. ... We have conceptually discussed these items with Leo"

"you should assume the plane value at 12. so an 80 percen= loan would be 9.6."

"assume the boat to b= 12 net."

"and miami at 14. net."

"The information contained in this communication is confidential... It is the property of JEE"