EFTA02456990.pdf

"Josep= Avantario Elysium Management, LLC"

"From: jeffrey E. Sent: Wednesday, July 13, 2016 11:06 PM To: Joe Avantario"

"moving the $40MM in art sales to the end of the year based on our discussion with Leon"

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

"We have conceptually discussed these items with Leon"

"unlikely that miami gets sold this year... and miami at 14. net"

"if the yacht sale is 15.175... assume the boat to be 12 net"

"you =hould assume the plane value at 12. so an 80 percent loa= would be 9.6"

"moving the $40MM in art sales to the end of the year"