Subject: Re: Four Year Revenue
From: "Eric Schwerin" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Date: Mon, 12 Jan 2015 16:28:31 -0500

P&Ls for 2013 and 2014 attached.

2014 revenue was $189,740 and expenses were $333,324 for a net operating loss of $143,583.
2103 revenue (from May 2013 the date we were approved by FINRA) was $69,217 and expenses were $156,158 for a net operating loss of $86,941.

Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
[email-masked]
P Consider the environment before printing this email.

On Jan 12, 2015, at 3:21 PM, Hunter Biden <[email-masked]> wrote:

> 
> 
> RHB
> 202.333.1880
> 
> Begin forwarded message:
> 
>> From: Devon Archer <[email-masked]>
>> Date: January 12, 2015 at 2:53:02 PM EST
>> To: Hunter Biden <[email-masked]>, Hunter Biden <[email-masked]>, Hunter <[email-masked]>
>> Subject: Re: Four Year Revenue
>> 
>> See below further questions;
>> 
>> Devon Archer
>> 646 436 3745
>> 
>> On Jan 11, 2015, at 10:17 PM, Devon Archer <[email-masked]> wrote:
>> 
>>> Please provide as little or as much as you feel comfortable with me sharing to have them pull this term sheet together; Burnham request:
>>> 1.      RSPI P&L - if estimated RSPI will do $750k gross revenue in ’15, we should see what the performance has been in ’13 and ’14.
>>> 2.      RSA P&L – we want to see the monthly overhead expenses and build a model where we can get a 15-25% synergy cost savings.  Also want to see the labor costs and how we can structure base-draw/bonus alternatives.
>>> 3.       2015 contracts for RSA and for RSPI – take a look at which clients have renewed and what contracts are assignable upon change of control.
>>> 
>>> Devon Archer
>>> 646 436 3745
>>> 
>>> On Jan 9, 2015, at 10:45 PM, Hunter Biden <[email-masked]> wrote:
>>> 
>>>> These #s do not include RSPI
>>>> 
>>>> RHB
>>>> 202.333.1880
>>>> 
>>>> On Jan 9, 2015, at 7:10 PM, Devon Archer <[email-masked]> wrote:
>>>> 
>>>>> This looks good.  Perfect!
>>>>> 
>>>>> Devon Archer
>>>>> 646 436 3745
>>>>> 
>>>>> On Jan 9, 2015, at 6:53 PM, Hunter Biden <[email-masked]> wrote:
>>>>> 
>>>>>> 
>>>>>> 
>>>>>> RHB
>>>>>> 202.333.1880
>>>>>> 
>>>>>> Begin forwarded message:
>>>>>> 
>>>>>>> From: Eric Schwerin <[email-masked]>
>>>>>>> Date: January 9, 2015 at 4:21:44 PM EST
>>>>>>> To: Hunter Biden <[email-masked]>
>>>>>>> Subject: Four Year Revenue
>>>>>>> 
>>>>>> <RSA Four Year Revenue 2011-2014.xls>
>>>>>>> 
>>>>>>> These numbers may be slightly different than the ones I gave you earlier in that sublettor income and reimbursements are included but the jist of it is the same - $2m+ each year.
>>>>>>> 
>>>>>>> 
>>>>>>> 
>>>>>>> Eric D. Schwerin
>>>>>>> Rosemont Seneca Partners, LLC
>>>>>>> 1010 Wisconsin Ave., NW
>>>>>>> Suite 705
>>>>>>> Washington, DC 20007
>>>>>>> (202) 333-1880
>>>>>>> [email-masked]
>>>>>>> P Consider the environment before printing this email.
>>>>>>> 
>>>>>>> 
>>>>>>>