From: Richard Joslin Sent: Wednesday, October 28, 2015 1:28 PM To: jeffrey E. Subject: Children's 2011 Trusts Children's 2011 Trusts sold LDB 2011 LLC to AP= 1. Each 2011 trust has a note receivable from APO 1. Interest paid June 30 2015: BEB 2011 $248K .IMB 2011 $439K ASB 2011 $439K VRB 2011 $439K These notes are not trapped — Query if the not=s held by the 2011 trusts should be contributed to an LLC to trap. 1 EFTA_R1_01370945 EFTA02369981