Re: Peggy

Josh:

Just heard back from —counsel. She will not settle for $90K. States she is holding to $110K. I get the sense if we offer $100K she may accept it.

Michael T. Rogers, Esq.

Wasserman Grubin & Rogers, LLP

1700 Broadway

New York, NY 10019

Peggy — I think we offer 100K and put this behind you.

L. Joshua Schmell, C.P.A.

ALTMAN, GREENFIELD & SELVAGGI

Certified Public Accountants

200 Park Avenue South, 8th Floor

New York, NY 10003

Peggy — have not heard back from you on this.

Please let me know.

Thanks.

L. Joshua Schmell, C.P.A.

ALTMAN, GREENFIELD & SELVAGGI

Certified Public Accountants

200 Park Avenue South, 8th Floor

New York, NY 10003

I completely understand your frustration.

Let me confirm on drawings and other questions with Michael.

Can we talk this afternoon?