Update on STC expenditures

Dear Southern Trust Company,

Please review the estimate below. Feel free to contact us if you have any questions. We look forward to working with you.

Thanks for your business!

Wire It Enterprises LLC

Estimate Summary
Estimate No. : 1024
Estimate Date: 01/13/2015
Total: $6,000.00
The complete version has been provided as an attachment to this email.

Craig

Thanks your quick response. Can you please confirm that this model is 2015 and has the new LG OLED technology. I am cc Jermaine on this please call and confirm this in the quote.

Thanks,

Jeanne

Hi Jeanne,

Call me when u have a min

Craig Matthias
Wire It Enterprises LLC

Craig, Please give =e a quote on this model. Thanks Jeanne

77 =G9900 LG N 77 inch oled

Craig

Were you able to get me a quote on the 77 inch.

Call me.

Thanks
Jeanne

Craig,
Can we speak this morning on this
Thanks
Jeanne

I spoke with Craig this morning. He is waiting on a =all back from his distributors — he advised that the N JEE =ants is not out yet and they were going to contact the executive office =o see when it will be available - he did say the same N is out =n 65 inch so I asked for a quote on that (hopefully today).

If you have any stateside distributors you deal =ith or any other suggestions please let me know. We have to bring =n locally but if we can get Craig from wire-it in touch with them that =ight work.

Thanks

Jeanne

Just to keep you updated. I spoke with Craig =gain this morning. He is still in communication with his =istributor on whether they can 'really' deliver the TV =EE wants — he originally told me $29K and only 3 =vailable in US - but he doesn't want to but in a written =uote till he has a firm commitment he can deliver on.

I do not think this will be happening before the =0th.

The numbers we have to date are
Spent to date =nbsp; &n=sp; $288,104

Server preliminary number ( although not the =orrect kind) $10,000 assuming we can get the correct ones from =aribbean consortium we could give them a deposit

And may be give Craig a deposit of $10,000 ( are we =omfortable with this)

Jeanne

some ideas on spending remaining money of approximately =0,776.15:

a) =ervers 10,000

b) TV (price not yet =etermined) - leave 10,000 deposit

c) new copy =achine / scanner - est 26,000

d) prepay terrence =or service contract

(i have not yet paid terrence his =inal balance due of 91,119.85 as he has not been able to provide me =ith open items list which i have asked for 10 =ays now - money must be paid by 1/31as part of 400k)

Richard Kahn
HBRK Associates Inc.
575 Lexington =venue 4th Floor
New York, NY 10022