EFTA02012541

To: jeevacation@gmail.com[jeevacation@gmail.com]: jeevacatio cation@gmail.com] From: Sent: Tue 10/4/2011 4:21:51 PM i spoke with dan. seems a bit less anxious. he must have found some cash for his immediate crunch. i put the 3 points to him: more protection, less risk, more upside. he wanted me to talk to his lawyer. i said i would after they came up with some new ideas. fyi - this is what is on table now: on protection second mortgage intercreditor agreement giving holder of 2nd the right to cure anyy defaults and to buy first mortgage if it is in default i become a co-manager of Ilc with veto on any bankruptcy or other creditor protection moves, any new financing, new members, and further amendments to Ilc agreement on money terms 18% for 1 year - eamed on first day $1,000,000 on sale let's see... EFTA_R1_00514626 EFTA02012541