Epstein Secrets

• For individual facilities of 20,000 sf or less PLEASE NOTE NEW ADDRESS: EFTA00662901 DAVID MITCHELL Mitchell Holdings LLC 801 MADISON AVENUE New York NY 10065 EFTA00662902

[email protected]> Subject: This is what I was explaining Date: Mon, 07 Apr 2014 16:31:16 +0000 Exclusive Agreement will be put in place between the Propco (an entity formed by Southern Trust LLC & Mitchell) and the Opco (the operating entity of Neuehouse). Preamble: The Principals of the Opco and the

Purchase Price (which includes all build out, tenant improvements and furniture and fixtures), plus the cost of operations of the property. 4. The Propco will advance up to $2,000,000 for the operations of each facility in exchange for the equity in each facility. The structure contemplated for the $2

a margin compared to Opco at 9.3% currently and fu=ure forecast of 10%. Eileen Alexander=on Elysium Management<=> 445 Park Avenue<=u> Suite 1401 New York NY 10022 Phone: <a EFTA_R1_01779258 EFTA02594998 Email: <1=> please =ote The information contained in this communication is confiden=ial, may b

rs. KUE would like LPs to have opt=on of two ways out — cash or equity in survivor. As I indicated in the note, for extension to Oct 201=, Intl and Propco must be monetized by Oct 2015. -Opco — core early childhood care centers are growing again — EBITDA est for 2014 is $118mi=, up from $89mi1 in 201

3% currently and fu=ure forecast of 10%. EFTA_R1_01646316 EFTA02513215 Eileen Alexander=on Elysium Management<=:p> 445 Park Avenue Suite 1401 New York NY 10022 2 EFTA_R1_01646317 EFTA02513216

ars. KUE would like LPs to have opt=on of two ways out — cash or equity in survivor. As I indicated in the note, for extension to Oct 201=, Intl and Propco must be monetized by Oct 2015. -Opco — core early childhood care centers &nbs=;are growing again — EBITDA est for 2014 is $118mil, up =rom $89mil in