From: "Jeffrey E." <[email protected]> To: Richard Kahn Subject: Re: Barge Engines Date: Tue, 09 Jun 2015 21:12:24 +0000 what about new? On Tue, Jun 9, 2015 at 5:10 PM, Richard Kahn > wrote: Bid Overview attached is middle bid we received from diesel specialists for 2 rebuilt engines in the amount of 76,060.28 this is the same company we purchased rebuilt barge engines from approximately 5 years ago the two other bids we received were: a) 66,600 from diesel pro - bosco did not like this company as they are using inferior parts from china and south america in addition they would take 3 weeks to rebuild engine whereby diesel specialists will have ready in 5 business days b) 90,150 from stewart and stevensons - bid was comparable to diesel specialists yet not work paying 18.5% more in cost breakdown of 76,060 is as follows: remanufactured engines (2) core engines (2) other parts (coolant / drain kit / filters) total gross cost 51,000 24,000 1,060 76,060 ** *** ** when our core engines are returned will receive credit up to 12,000 in conversation with Mark (salesman)he said we could conservatively estimate 80% return or 19,200 *** i am reluctant to negotiate this price as i am concerned that whatever we save diesel specialists will look to recoup that amount when they receive back core engines Overall Cost Summary Diesel Specialists Projected Core Credit estimate —> Trucking / Shipping - Tropical Roundtrip 76,060 (19,200) 10,000 Johnny Weekes - Deliver & Return 20' container 780 Gene Install of Engines 8,000 Crane rental - additional help gene may need estimate-> 2,000 Bosco oversight if needed estimate —> 2,360 Total Cost of Engines Installed 80,000 Timing Diesel Specialists will have engines ready for pickup June 17th Assuming it takes 2 days to send to FL they will arrive June 19th and sail on June 23rd which will land them on STT June 27th EFTA00854850

Projected pickup date assuming no customs issues is June 29th Projected Useful Life of Engines 5-7 years provided preventative maintenance is done as needed please advise if ok to proceed thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax cell Begin forwarded message: From: Mark Duplessis < To: Bill Hague < Cc: "annrodriquez Rich Kahn "Daphne Wallace Subject: RE: AQT35742 Diesel Specialists Quotation -- 12V71 Marine Remanufactured Engine Assemblies Date: June 8. 2015 at 10:46:49 AM EDT Good morning. Please find the pro forma invoice for the proposed order as promised. We'll need a few days to swap injectors to N70 and set the engines again. We'll also need to wait on the air box drain kits to come in so this should all be wrapped up in the 4-5 business days quoted. Bank information for wire transfer has also been attached. Please reference your quote number "AQT35742" on the payment if made. If anything changes regarding the transport of this order, we can always go back and change the quotation accordingly. Many thanks again for your patience and we look forward to doing continued business with you in the very near future. Best regards, EFTA00854851