EFTA00636884.pdf

From: Jes Staley To: Jeffrey Epstein <jeevacation@gmail.com> Subject: Re: Fwd: Date: Tue, 09 Jul 2013 01:27:00 +0000 basically true Jes Staley Blue Mountain Capital On Jul 8, 2013, at 8:10 PM, "Jeffrey Epstein" <jeevacation®gmail.com> wrote: is this true? Forwarded message From: Hosain Rahman Date: Mon, Jul 8, 2013 at 7:57 PM Subject: Re: To: Jeffrey Epstein <jeevacation@gmail.com> Yeah I know ;-) We had him independently take a look for us...just as a check point. On Jul 8, 2013, at 4:56 PM, Jeffrey Epstein <jeevacation@gmail.com> wrote: jes staley is no longer at jpm, he left months ago On Mon, Jul 8, 2013 at 7:46 PM, Hosain Rahman < wrote: So sorry - thought I had responded to your first mail on this last week and then realized it was sitting in my drafts folder. My bad. We have a number of folks lined up to do the next round who are waiting to see us. We decided on two things relative to the fund raise: I. We would wait for the BodyMedia transaction to close (the company we bought in Pittsburgh) 2. I wanted my new President to start. (I hired Mindy Mount from MSFT). She was CFO of the devices (xbox, phones, surface) division and then after CFO of the Internet Services division (Bing, etc). I talked to everyone at MSFT about Mindy, she had amazing references. We just got approval from the State of California and so the BodyMedia transaction is closing in about 10 days. Mindy started a week and half ago. So far she's been great. She is going to supercharge our finance and operations/supply chain organizations. EFTA00636884 In the meantime we have had crazy demand for UP. We had 1.6M units on order for the 2nd quarter but due to capacity and working capital constraints we were only able to build — 410k units. So in order to address the working capital situation JP Morgan has helped put together a really interesting debt financing. Jimmy Lee over there led the effort. We had our friend Jes Staley look over the deal and he thinks it's a good one for the Company. We have signed the term sheet for this deal and are targeting a close by 7/19. There are three parts to it: I. Mezzanine debt instrument for $50m 2. Asset Based facility for $75m 3. Our 4 major investors are putting in $5m each for a total of $20m that converts straight into the next equity financing round at the same terms of that round Part 3 is set to close tomorrow. Part 1 is set to close 7/19. JP Morgan is trying to march Part 2 being set up by the date as well but it could be later in July. Let me know if you have any questions. Thanks, Hosain On Jul 8, 2013, at 4:09 PM, Jeffrey Epstein <jeevacation@gmail.com> wrote: where are you with funding? The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation®gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved The information contained in this communication is EFTA00636885 confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved This e-mail is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. My review. retransmission. dissemination or other use of. or taking of any action in reliance upon, the information in this e-mail by persons or entities other than the intended recipient is prohibited and may be unlawful. II you received this in error, please contact the sender and delete the material from any computer. This communication is for informational purposes only. It is not intended as and does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. All market prices, data and other information are not warranted as to completeness or accuracy and are subject to change without notice. Any expected returns are provided for illustrative purposes only and are not intended to serve as, and must not be relied upon by any prospective investor as, a guaranty. an assurance. a prediction of a definitive statement of fact or a probability. Investment in funds managed by BlueMountain carries certain risks. including the risk of loss of principal. Unless indicated otherwise, performance results are presented net of fees and expenses. Certain market and economic events having an impact on performance may not repeat themselves. Any comments or statements made herein do not necessarily reflect those of BlueMountain Capital Management. LLC or its affiliates. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS AND NO REPRESENTATION IS MADE THAT RESULTS SIMILAR TO THOSE SHOWN CAN BE ACHIEVED. EFTA00636886