EFTA00677675.pdf

From: Jeevacation leevacation@gmail.com> To: George Reenstra Subject: Re: 750 Date: Tue, 10 Aug 2010 22:11:55 +0000 No Sent from my iPhone On Aug 10, 2010, at 5:30 PM, "George Reenstra" < > wrote: I made some calls, without a commitment from you to get a new machine to replace 750 it looks like they will not bid 750, I think the reason is NO money in it for them. I will work it but have NO expectation of success. We have been successful each time trading you up and you making a profit I think we could do it again with either a C++ or a D Please advise so I know how to proceed. George Reenstra Aircraft Services Group Inc 300 Corporate Drive, Suite 2 Mahwah. NJ 07430 From: Jeevacation [mallto:jeevacation@gmall.com] Sent: Tuesday, August 10, 2010 4:51 PM To: George Reenstra Subject: Re: 750 That was the deal Sent from my iPhone On Aug 10, 2010, at 4:34 PM, "George Reenstra" < • wrote: Ok I was not aware of that, let me see if they will do it without the guarantee of a new machine to you. George Reenstra Aircraft Services Group Inc 300 Corporate Drive, Suite 2 Mahwah, NJ 07430 From: Jeffrey Epstein [mallto:jeevacation@gmall.com] Sent: Tuesday, August 10, 2010 4:34 PM To: George Reenstra Subject: Re: 750 Howard asked me for a commitmnet to sell the 750.. I gave him my word, he had it at 12.5 .. He said he did not want to tie it to a new machine„ THat is the agreement he and I made.. I will stand by my agreement, EFTA00677675 both with you , and with him On Tue, Aug 10, 2010 at 4:08 PM, George Reenstra wrote: Sikorsky will not work this with us unless you agree to get a replacement C++ or go the D route. They will need a confirmation in writing because they must bid the aircraft and must know the deal upfront, otherwise they will go the new from their inventory path. They control the deal because they are the only place the S-70 can go in trade. George Reenstra Aircraft Services Group Inc 300 Corporate Drive, Suite 2 From: Jeffrey Epstein [mailto:jeevacationegmail.com Sent: Tuesday, August 10, 2010 4:12 PM To: George Reenstra Subject: Re: 750 get 750 sold . first On Tue, Aug 10, 2010 at 3:56 PM, George Reenstra wrote: Thank you. Maybe going the D route is better for you. While you are waiting for the D I think we could find , if you wanted to , a C+ for you to lease for about 45k a month. It would have been a VIP, could always repaint and spruce up the interior. The D is the future but do you want to wait , certainly a C++ will meet all your requirements. You call the direction you want to go , I will do all I can to get it done. George Reenstra Aircraft Services Group Inc 300 Corporate Drive. Suite 2 From: Jeffrey Epstein [mailto:jeevacationegmail.com Sent: Tuesday, August 10, 2010 3:59 PM To: George Reenstra Subject: Re: 750 yes, to your 100k On Tue, Aug 10, 2010 at 3:45 PM, George Reenstra l> wrote: I spent about three hours this morning at the Argentinean Consulate. I was an invited guest representing 750. As you may be aware, Sikorsky was also present (Howard Germon and Ray Whittaker). Currently my evaluation is the Argentineans are on the fence whether to go after 750 and take delivery after Sikorsky does the modifications so they can be operational in January, or wait until next August to take delivery of a brand new C++. From Sikorskys standpoint, delivering a new aircraft to them is far more profitable. I personally think that is the avenue they will go down. The key to selling 750 is to convince the Argentineans not to wait. I began that process in earnest with them today. We will be meeting with them again Thursday and then my goal will be to get them to come to St. Thomas to physically see the aircraft. We need to convince them to take 750 for an earlier delivery. This will force Sikorsky to come our way. Separately from the Argentineans, I am working Sikorsky and hoping to drive them towards 750. But in order to achieve that, we are going to need a contract commitment most likely by late next week that if they take 750, you will take a EFTA00677676 duplicate of 750 which will deliver to you sometime late next summer. The aircraft will be an even swap. No money will change hands. The advantage to you is you will have a serial number close to 800 and a 2-year newer aircraft that certainly has greater value. If it is not your intention to take a replacement C++, we need to know that so I can stop my efforts and Sikorsky can do likewise. There is a possible additional alternative and that is to take a D Model. I do not have the pricing for a D Model configured like 750. I am trying to get that number from Sikorsky and will send it to you when I receive it. My initial thought is it will be somewhere around $13 million but that is just a guess at this point. From a delivery standpoint you are possibly looking at sometime in late 2012 or early 2013. (I believe they just sold another batch of D Models.) But I think we can negotiate a slot. In addition to all the above, I need confirmation that I am representing your aircraft and that in the event it is sold or traded at $12.5 million, I will be paid a commission of $100,000. This is what we agreed to and I'm assuming it will be honored but I would like confirmation before I expend additional efforts. Please advise so I know how to respond for the Thursday meeting. I think we do have a shot at this but it is not a cake-walk. George Reenstra Aircraft Services Group, Inc. 300 Corporate Drive, Suite 2 Mahwah, NJ 07430 *********************************************************** 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 jeevacationO)gmail.com and destroy this communication and all copies thereof, including all attachments. *********************************************************** 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 EFTA00677677 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. 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. EFTA00677678