Subject: RE: Oct Financials
From: "Michael C. Hochman" <[email-masked]>
To: "Joshua Alcorn" <[email-masked]>, "Ted Kaufman" <[email-masked]>, "Melvyn I. Monzack" <[email-masked]>, "Hunter Biden" <[email-masked]>
Date: Thu, 13 Nov 2014 16:07:47 +0000

Thanks, Josh.  Looks good.

Michael C. Hochman
Monzack Mersky McLaughlin and Browder, P.A.
1201 N. Orange Street
Suite 400
Wilmington, DE  19801
(302) 656-8162
(302) 656-2769 (Fax)
[email-masked]<mailto:[email-masked]>
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From: Joshua Alcorn [mailto:[email-masked]]
Sent: Thursday, November 13, 2014 10:14 AM
To: Ted Kaufman; Melvyn I. Monzack; Michael C. Hochman; Hunter Biden
Subject: Oct Financials

Hi folks,
Attached are the monthly reports for BFD and Beau PAC.
Biden for Delaware has $656,495 in the bank now. The big bills (rent, my salary, web consulting) have been paid for November. I expect to end the year with about $652k in the bank.
Beau PAC has $6,648 in the bank. We have significant bills outstanding for Beau PAC. $5,000 for consulting to me, about $9,000 for the website build out. None of these need to be paid immediately. We can wait to raise money in to the PAC. I want to end the year with about $5,000 in the bank - so I’ll probably cut a check for the website build out in December to chip away at the bill. On this transaction report, the ActBlue deposits are the net balance deposited in our account after fees are taken from online contributions. First Bank is the merchant service provider for all non-actblue contributions. They deposit the full amount of a contribution then take fees in one lump sum once or twice a month.
Any questions, let me know.
/ja

Joshua Alcorn
302/295.8340 (office)
302/598.1885 (cell)
[email-masked]<mailto:[email-masked]>