From: Richard Joslin Sent: Monday, April 27, 2015 8:44 PM To: jeffrey E. Subject: Loan balance Note Balance Dec 31 2014: SOFA -Art = $470mm SOFA —Plane $31.1mm SOFA —Boat $17.3mm Total Notes $508=4mm Accounts payable $6.6mm In Q12015, art loan drawdown $9mm + $5mm<=:p> Richard Joslin CFO Elysium Management LLC 445 Park Ave Ste. 1401 New York, NY 10022 (w) (c) 1 EFTA_R1_01373551 EFTA02371101 (f) 2 EFTA_R1_01373552 EFTA02371102