From: "David C. Wittig" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Cc: "Michael Karloutsos" <[email-masked]>
Date: Tue, 09 Dec 2014 20:44:09 +0200

Things are moving along rapidly. I will call you and give you a better update. 
The CEO thinks the railroad will sell for €30 million on normalized EBITDA of €5 million. 
We have negotiated 20% for our group for free although we will need to take the Romanians out in 12 months. 
Like I said, it is all a bit crazy. The CEO says we can do €80 million net in 5 years. I will gladly take 20% of that. 
You need to look at your schedule for a trip in mid-January. I think I can get a slight extension, but we don't want to ask for too much. 
David

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