EFTA02515704.pdf

From: Richard Joslin Sent: Wednesday, January 7, 2015 7:20 PM To: Jeffrey E. Subject: FW: BBJ SN 30751 Offer Original Message From: Jon P. Conlon Sent: Wednesday, Ja To: Richard Joslin Subject: RE: Bel SN 30751 Offer Richard, Thanks for your patience. The seller was away on travels and it took us som= time to reach back out to him. While we acknowledge that a recent sale oc=urred below $30MM (Steve Wynn's BBJ) our BBJ had less total time (about 50= hours) and a much newer and modern interior. In 2011 the seller invested =ell over $2MM into the interior with new soft goods and a brand new cabin =ntertainment system. Mr. Wynn's BBJ had an interior dating back to 2007 th=t looks heavily dated now. Also in Wynn's case, the quick sale at below $3=M was in part tied to the deal on his replacement G650 which created a gre=ter motivation to move the BBJ. Prior to the G650 deal Wynn turned down se=eral similar offers last summer. We've given the seller our own internal data points for two recent sales (W=nn's BBJ) as well as our own recent sale of Occidental Petroleum's BBJ whi=h we sold in May at just above $30M. That aircraft had slightly less time =han 30751 but also had a very dated (original interior). While there is certainly justification that 30751 should trade lower than t=eir current counter of $33M I think the interior work performed and the su=erior quality of interior need to be taken into account. We are in active discussions with the seller at present over recent data po=nts and if there is any change on their end I will notify you. As stated previously we appreciate your offer and patience. Kind Regards, Jon P. Conlon Senior Market Analyst Dulles International Airport 23411 Autopilot Drive Dulles Virginia 20166 EFTA_R1_01650128 EFTA02515704 Original Message From: Richard Josli Sent: Tuesday, December 30, 2014 12:03 PM To: Jon P. Conlon; Bryan Dunnigan Subject: RE: BBJ SN 30751 Offer Jon/ Bryan: In a previous communication, I indicated that he market was under $30MM and=cited recent activity in support. I do not wish to waste each other's tim= nor engage in a protracted negotiation that ends up going nowhere. If you= client is not a real seller, that is fine. If that is incorrect, I would=suggest a more serious counter offer. Otherwise, we will discontinue to =ngage. RJ Richard Joslin CFO Elysium Management LLC 445 Park Ave Ste. 1401 Original Messa From: Jon P. Conlo Sent: Monday, December 29, 2014 11:24 AM To: Richard Joslin Cc: Bryan Dunnigan Subject: BBJ SN 30751 Offer Mr. Joslin, On behalf of our seller, we thank you for submitting an offer on our BBJ SN=30751. The seller has reviewed your offer and has authorized us to present=a counter offer at $33,000,000. If this counter offer is acceptable we can engage our attorney's and begin =rafting a purchase agreement. We look forward to your feedback. 2 EFTA_R1_01650129 EFTA02515705 Kind Regards, Jon P. Conlon Senior Market Analyst (Avjetj Dulles International Airport 23800 Wind Sock Drive, Suite 250 www.avjet.com<http://www.avjet.com/> <?xml version=.0" encoding=TF-8"?> <!DOCTYPE plist PUBLIC "-//Apple//DTD PLIST 1.0//EN" "http://www.apple.com/DTDs/Propertylist-1.0.dtd"> <plist version=.05 <dict> <key>conversation-id</key> <integer>125480</integer> <key>date-last-viewed</key> <integer>0</integer> <key>date-received</key> <integer>1420658409</integer> <key>flags</key> <integer>8590195717</integer> <key>gmail-label-ids</key> <array> <integer>6</integer> <integer>2</integer> </array> <key>remote-id</key> <string>470874</string> </dict> </plist> 3 EFTA_R1_01650130 EFTA02515706