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Homechevron_right Emailchevron_right Re: Jeff Boyd
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Re: Jeff Boyd

1 message picture_as_pdf Source PDF
J
J. Epstein Dec 21, 2005 11:21 AM
To
<DKIESQ@aol.com>

yes

--- DKIESQ@aol.com wrote:

I left messages for Andrew Farkas Monday morning and
he called me back this
afternoon. As you requested I discussed with Andrew
all that Jeff Boyd told
me and Andrew confirmed Jeff Boyd's statements,
including the fact that if
and when Sun Resorts $25 MM deal closes, the
ownership transition will be
seemless because Andrew's management company (which
as you know was purchased from
and currently employs Boyd) will continue to manage
Isle de Sol for another
two years In addition, before Limitless's slip
rental agreement is up for
renewal and Limitless must decide on whether to
exercise its renewal option,
Andrew believes that he will have completed the
construction of another
facility in St. Maarten which can accommodate
Limitless, is not located in Simpson
Bay and does not require Limitless to traverse
shallow waters or wait until
the bridge over Simpson Bay is raised before
Limitless can enter or exit the
Bay.

Boyd said that there is a confidentiality agreement
in place which prohibits
Boyd from sending me a summary and description of
the transaction unless I
formally demand the same in a letter citing
ownership change provisions in the
slip rental agreement which justify my demand.
Having spoken to Andrew as
you requested, may I now have your permission to
write to Boyd formally
requesting a written summary and description of the
transaction?

Thanks.

Darren


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