From: Richard Kahn

From: Richard Kahn To: "Jeffrey E." <jeevacation@gmail.com> Subject: Barge update from Bosco Date: Mon, 16 Oct 2017 14:37:11 +0000 Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 Begin forwarded message: From: Bill Hague Subject: Barge. Date: October 16, 2017 at 9:39:19 AM EDT To: ' < >, Rich Kahn < >. Daphne Wallace > Anna. I have inspected the barge. There is a small 1/4" by 4" tear in the hull forward port. I'm putting sealer in it and on it. It is normally above the water line. There is some internal damage on the port where the bulkheads meet the hull. This is damage that can be repaired later and will not hinder out use of the ship. I will send photos when the system allows it. The hydraulic pumps are in Puerto Rico in the FedEx facility. I'm hoping they fly here today. Motors run. No leaks. I experienced a vibration in the port side on the sea trial that needs to be addressed at some future opportunity but it's manageable but will slow us down a bit. The information I got from Carlos about damage to the barge and lack of any operational function of it, cannot be found. I have nothing positive to say about this. Karl and I have pumped out and inspected each compartment. I have confidence that we are good to go as soon as we receive and install the hydraulic pump. EFTA00988803