EFTA Document EFTA01771133

From: LVJET@aol.com Sent: Wednesday, December 28, 2011 7:19 AM To: jeevacation@gmail.com Subject: Re: GIV The feeling I got from Ron, the director of maintenance, (he's been th=re 12 years and knows the company pretty well,. Ron told me they where=20 getting low ball offers in 5M to 5.7 range when they first listed at "make=20 offer" they didn't even respond to these offers. Since the board of trus=ees is making the decision, Ron mentioned they don't want to give the plan= away, however the CFO is trying to cancel the data base subscriptions, and =o company personal is able to use the plane, it was the chairman's own aircraft,.so the plane is just sitting at this point,. --- I think a 6M offer is the right number to start, and purchase=20 6.2M, maybe, its obvious they would take 6.5M to close, in my opinion. = know we will hit them hard during prebuy, my gut tells me a 250K perbuy to=20 seller to repair airworthy items, corrosion I spotted on spoiler boards, an= usually will find delamination on engine cowls, if we have Gulfs=ream complete the prebuy, I'm sure they pick the plane apart in our favor, along=with Sean recommendations on ASC's (Aircraft Service Change's) not mandatory but=some are very good improvements that Gulfstream publishes and refinements to any=and all systems operation. Ken Hart The Broker from Welch aviation is checking on price and=20 whether it is beneficial to seller to close before Jan 1st„ I should =ave that answer in the morning,. I will sent more photos in next email,. budget numbers: Great Paint job: $140,000 -for starters, Plane Perfect Interior shop, Former Jet Aviation interi=r guys, formed their own company when Jet Aviation closed their interior shop, located in West Palm beach. Plane Perfect installed Boeing Carpet, and complete interior install and rem=val of Boeing's interior, very capable compay, they charge $6,000 per captain chair for new leather, and 515,00= for new foam and fabric on Divan., thx larry In a message dated 12/27/2011 10:22:54 P.M. Eastern Standard Time, jeevacation@gmail.com writes: =FONT style="BACKGROUND-COLOR: transparent" color=#000000 size=2 face=A=ial>did you get a sense of price? i think we should offer 6. with all parts. On Tue, Dec 27, 2011 at 10:40 PM, <Ivjet@aol.com <mailto:lvjet@aol.com> wrote: Jeffrey, Don Bass called me and shared some info o= the GIV,. -Aircraft was originally offered at BM when it first came on=20 market,. 4 months ago,. -Don made offer 30 days ago for another clie=t, at 5.9 - 6M he said„ at that time the plane's ask price was lowered to=20 6.9M -Don didn't think you would be interested in a plane 25 years o=d, that's why he did mention the aircraft to us,. -Don never sent a representative to see the GIV in person, he didn't know the wood was ne= in 2007, and cockpit shows to wear. -Don concern is low utilization ove= the past year, and told me he'd prefer an aircraft to have 6000 to 7000 hours total time compared to 3500 hours, (that makes no sense to me). I think=he's embarrassed he didn't present EFTA_R1_00082499 EFTA01771133 this GIV to you, and he asked me how did = find this plane,. Don wrote the plane off due to age and never sent a r=p to look at in person. -in 2017 when engines are due next mid life, cost=is $600,000 per engine, -engines where overhauled in 2007 and have 106=20 flight hours logged,. -Don is concerned about tail corrosion, (which=we could inspect) -Don is concerned about internal engine corrosion, (borescope would determine during prebuy). -i reminded Don the aircr=ft lived in a hanger in Reno, a Desert state. I agree that we should co=sult Sean Lancaster if we proceed. Should I contact Sean for his opinion? I will fwd photos later tonight when I return to Ranch,. Thank you, Larry Sent via BlackBerry by AT&T The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is=20 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 m=y be unlawful. If you have received this communication in error, please not=fy us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com= target=_blank> , and destroy this communicat=on and all copies thereof, including all attachments. copyright -all rights=20 reserved 2 EFTA_R1_00082500 EFTA01771134