Epstein Secrets

time it paid its lawyers, court costs, and its debt of honor to directors, etc., it had approximately $4 million net remaining. In 2004 we purchased South Padre Island, our joint venture with the Lloyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separate

h, our sales are slow, last year Apes Hill Club made $33 million net profit. However, because the cash flow was needed for continued development in Apes Hill, none of the money was brought back to Landmark. Obviously, if we have a completely integrated management staff and presently no income from our t

mation of this $5 million loan are justified, I will need to very quickly see if I can borrow $3 million to $5 million on the one-third security of Apes Hill and be able to keep the management team together for perhaps another year. If that is not possible, i will quickly reduce the staff to those necess

rs, etc., it had approximately $4 million net remaining. In 2004 we purchased South Padre Island, our joint venture with the Lloyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separated our relationship with Lewie. In 2006 we invested $4 million to purchase

mation of this $5 million loan are justified, I will need to very quickly see if I can borrow $3 million to $5 million on the one-third security of Apes Hill and be able to keep the management team together for perhaps another year. If that is not possible, I will quickly reduce the staff to those necess

h, our sales are slow, last year Apes Hill Club made $33 million net profit. However, because the cash flow was needed for continued development in Apes Hill, none of the money was brought back to Landmark. Obviously, if we have a completely integrated management staff and presently no income from our tw

rs, etc., it had approximately $4 million net remaining. In 2004 we purchased South Padre Island, our joint venture with the Lloyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separated our relationship EFTA_R1_01517597 EFTA02442550 with Lewie. In 2006 w

h, our sales are slow, last year Apes Hill Club made $33 million net profit. However, because the cash flow was needed for continued development in Apes Hill, none of the money was brought back to Landmark. Obviously, if we have a completely integrated management staff and presently no income from our tw

mation of this $5 million loan are justified, I will need to very quickly see if I can borrow $3 million to $5 million on the one- third security of Apes Hill and be able to keep the management team together for perhaps another year. If that is not possible, I will quickly reduce the staff to those necessa

— Now for the finale you have been waiting for — cash flow. The only substantial cash income that Landmark can achieve in the short run is sales in South Padre and fees from Barbados. Under the bank agreement in Barbados, we cannot declare a dividend until after the bank is fully repaid. So, in short

conversations with Martha and his analyst, I believe he would like to lend money to Landmark or to Apes Hill that was convertible into the stock of Apes Hill. I am confident that we will have disagreement of value, but I am also confident that the quality and acceptance, at the highest level, of the Apes

and 200+ members. There are approximately 30 houses built and a little over 20 occupied. The owncrs have great faith in Landmark. They have visited Apes Hill in Barbados and if Landmark could find a little money, I believe we could raise the rest of it from the very affluent lot owners and members that a

s, etc., it had approximately=$4 million net remaining. In 2004 we purchased South Pad=e Island, our joint venture with the Lloyd Bentsen family in South Texa=, from the fund run by Lewie Ranieri, and on a friendly basis, separate= our relationship with Lewie. In 2006 we invested $4 milli=n to purchas

tion of this $5 million loan are justified, I will need to ve=y quickly see if I can borrow $3 million to $5 million on the one-third=20 security of Apes Hill and be able to keep the management team togethe= for perhaps another year. If that is not possible, I will=20 quickly reduce the staff 4 EFTA_R1_0

our sales are slow, last year Apes Hill Club made $33 million=net profit. However, because the cash flow was needed for=20 continued development in Apes Hill, none of the money was brought bac= to Landmark. Obviously, if we have a completely integrated management staff and=20 presently no income from our