offer 25 jeffrey E. <[email protected]>

From: Sent: To: Subject: offer 25 jeffrey E. <[email protected]> Monday, January 16, 2017 8:56 PM Larry Re: GV offer On Mon, Jan 16, 2017 at 4:51 PM, Larry 5 s wrote: Messag= from Susan and Justin,. Justin will adjust the quote taking into account using our fuel in=St Thomas,.should have his quote later today, I Arrive in Brunswick today at 9pm,. l&=39;II have better update ref GIV Pressurization repair. Jeffrey, this is my estimate for GV dem=,. Taking into account using our fuel in St Thomas for your review,. Pleas= see email from Susan below regarding their price: Should I offer $25k all in for dem=, or do you want to adjust? gallon. =Is Advise? Thx L=rry Jeffrey, This is my esti=ate: they have to clear customs in Buffalo, fuel price is high there, I wa= quoted $6.43 per O=tario to Buffalo .5 fuel 300 gallons $6.43 per gallon = $1,929.00<=span> BUF -=TIST 3.5 fuel 1600 gallons $6.43=per gallon = $10,288.00 TIST - TEB. =.0 My fuel in STT you can tanker to get you home., TEB - DC area. 4>=A0 1.0 I'll fuel 2300 gallons in St Thomas, <=div> Total flight=time 9.0 hours x 30001bs per hour 27,000 lbs = 4000 gallons=/span> =1span> Hote= Marriott STT using my Discount code TVL = $382.00 per night Pilot & CoCa=t Pay $1,300 each Per Diet 4>=A0 $100 each STT Handling We will pay,=$795.00 Fuel $12,217.00 X 2. Hotel for 2 4>=A0 Pilot pay 2 days Food. =C24> $24,434.00 $ =C24> 764.00 =C24> 5,200.00 Q=A0 200.00 <=iv>Total 4>=ACI =C24* $30,598.00. EFTA_R1_01912735 EFTA02663327 Sent from my iPad Sent from my iPad Begin forwarded message: =b>From: Susan Kopacz Date: January 16,=2017 at 2:40:11 PM EST To: Larry ONI MII > Cc: Justin Jenkins =lt;justin@je=evolutions.com SS> Subject: Re: GV offer Dear Larry, <=pan> Pursuant to our phone conversation today we are able =o make the aircraft and crew available for the demo flight on Wednesday mo=ning. The cost would be twice fuel=plus any airport/landings/overflight fees and crew expenses. We esti=ate the cost to be between $40k and $50k depending on how much fuel we tak= on which as discussed is well below charter rate. =br>Therefore please wire $40k and we will either refund or invoice f=r the balance once all costs are finalized. I will send wire instruc=ions momentarily. As discussed we have ju=t dramatically reduced the price from $12.995M to $11.995M making it the b=st value on the market, after extrapolating key value points and the downt=me associated with the factory fresh prebuy, new paint, new interior and o=her inspections recently completed. We may have further flexibility in the=pricing depending on the terms and conditions of your offer but we have ha= a tremendous uptick in interest in the last week. I feel it is a combinat=on of the elections and the holidays being behind us, as well of the lack =f availability of aircraft comparable to ours. If we are able to reach an accord on price and terms, we will credit=half the trip costs towards the purchase price at closing. Thank you for your interest and we look forward to workin= with you. Sincerely Susa= Susan Kopacz President<=r>let Evolution 2 EFTA_R1_01912736 EFTA02663328 On Jan 16, 2017, at 5:31 AM, Larry a > wrote: Hello Susan and Justin,. purchase,. for Wednesday? My boss would like you to counter is offer to buy your=GV., no trade, straight Is your GV on line?,,,if so, could my boss due demo flight =rom St Thomas to TEB Price <=pan> Thx, Larry Sent from my iPad On Jan 3, 2017, at 2:13 P Larry 3 EFTA_R1_01912737 EFTA02663329 Thank you very much for your email and =ending the photos and basic information on your G-IV..=C2* We are struggling with the un=que value points of your aircraft and applying fair val=e for the avionics upgrades that historically only receive 50 cents=br> clear that you take very good care of your aircraft from the cosmet=c condition and the fact that you do heavy maintenance =t Gulfstream PBI. We are a l=ttle concerned that your aircraft is getting close to the 10000 =/blockquote> hours/5000 cycle mark which results in several heavy/expensive mai=tenance checks have exceded $1M on like-kind we have tr=ded. Would you please let us know if by chance yo= did the 10,000 inspections and gear overhaul early? </=pan> When you asked me to provide a true value of your G-IV, w= looked at the actual sale prices over the last 6 month= which are as follows: In the last = months only four G-IV's sold. The highest selling price was SN 1046 in the mid $2's. The aircraft had 7880 ho=rs and 3603 landings. 4 EFTA_R1_01912738 EFTA02663330 The engines were on RRCC Th= paint & interior was 9 years old, Mods included A5=-190 & the -150 APU. Two G-IV's sold under $2M, both ASC- 190=/span> aircraft, one with 11,000 hours and the other with 18,0=0 hours. I don't think the high time aircraft=are even comps to yours and that it why I shared the hi=hest selling price in the market first. The last comp sold around $2.2M. We also know G-IVSP SN 1100 just sold last we=k for $2M. <=lockquote type="cite"> I wanted to provide you =ith highly researched and accurate selling prices <=blockquote> in th= G-V market. In the last 6 months, =leven G-V's have sold: SN 661 just under $13M, w/ R=CC SN 672 in the mid $11's, no RRCC, needed paint/i=terior and needing a 192-month =/blockquote> SN 6=7 just under $12M, w/ RRCC, needed interior and needing a 192-month in 2018 5 EFTA_R1_01912739 EFTA02663331 SN 629 between $10.6 & $10.8 =/out RRCC (I know they had multiple offers but not sure=which offer they eventually took) SN 660, Ask was $14.9= but couldn't confirm a selling price. SN 668 at $1=.6M as is with no pre-buy w/out RRCC ($2.7M per engine RRCC <=pan>buyin, $5.4M total). SN 510 which we sold, taking a=G-IVSP in trade. SN 552 which we purchased. <=blockquote> typically the aircraft most qualified buy=rs perceived as the best value in the last year, as we =elt the same but it's gone. To give you an idea of our experience, we recently closed the following=/span> Gulfstream transactions: G-IVSP SN 1=27 sold G-IV, SN 1098 leased G-V, SN=518 leased <=lockquote type="cite">G-V, SN 510 sold G-IVSP, =N 1390 sold 6 EFTA_R1_01912740 EFTA02663332 =blockquote type="cite">G-V, SN 638 leased <=blockquote> G-IV,=SN 1052 leased In summary, we respe=tfully decline the $5M trade offer. We would be going <=pan>from a very active G-V market with multiple qualified buyers & les=ee's to a market which is much more difficult to se=l in, with a non-ASC-190 G-IV. =blockquote type="cite"> We just reduced our price from $12.995M to $11.995M and have had multipl= non-trade offers much higher than $8.5M, so we respect=ully decline that offer as well. </=pan> We are the only brokerage firm in the world owning two G-='s and a G-IVSP in the last 6 months so I'd be =appy to discuss our thoughts with your principal. I don't think it makes sense to mov= our aircraft to TEB to show the 7 EFTA_R1_01912741 EFTA02663333 aircraft unless the of=er was more in line with the above comps. No G-V's =span>have sold under $10M except the high time NETJETS aircraft needing to=al interior refurbishment. </rpan> If you think your principal came in low to test our respo=se but there is common ground at a higher price, we are=happy to accommodate a showing to the best of our abili=ies. I think if you honestly look =t both markets from an unbiased standpoint, taking into=account our ability to take your aircraft in trade, we are better equipped than any other seller to find common ground. Anot=er approach may be for us to aggressively market the G-=V for a short period of time to facilitate a retail sal= in an effort bridge the gap. <=blockquote> Sincerely, Susan 8 EFTA_R1_01912742 EFTA02663334 <=blockquote> Susan Kopacz =resident Jet Evolution, LLC its attachments is strictly prohibit=d. ablockquote> From: Larry Visosk </=lockquote> Sent: Saturday, December 31, 2016 9:46 AM To: Sus=n Kopacz Subject: GV offer 9 EFTA_R1_01912743 EFTA02663335 Susan I've been =uthorized to offer the following: =ur GIV serial 1085 plus $5M USD for your GV serial 552. Please confirm you receive, <=blockquote> I loo= fwd to your thoughts Happy New Year. Thank you, =arry Visoski Chief Pilot Jege, LLC 3800 Southern Blvd suite 204 West Palm Beach Fl 33406 10 EFTA_R1_01912744 EFTA02663336 Sent from my iPhone <=f> please n=te The information contained in this communication is confident=al, may be attorney-client privileged, may constitute inside informatio=, and is intended only for the use of the addressee. It is the property=of JEE Unauthorized use, disclosure or copying of this communicat=on or any part thereof is strictly prohibited and may be unlawful. If y=u have received this communication in error, please notify us immediate=y by return e-mail or by e-mail to [email protected] <mailto:jeevacation@gmail.=om> , and destroy this commu=ication and all copies thereof, including all attachments. copyright -a=l rights reserved 11 EFTA_R1_01912745 EFTA02663337