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<DIV>Gentlmen,</DIV>
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<DIV>I have to say that this may the fastest combined effort that I've seen on anything in a long time. This is great, I like what I'm seeing.</DIV>
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<DIV>I would say that having an agenda is definitely needed at some point. We should probably develop a time line and goals to expect. Things will be defined the further we get obviously. At the minimum, what we have right now for certain is 7 pilots hho want an airplane to fly as much as possible at a reasonable cost. </DIV>
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<DIV>Mike, good spreadsheet. Those numbers are closer to what I was expecting. Going under my philosophy of "assumptions x 2" the cost would still be within my expectations.<BR></DIV>
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<DIV>Bob, we need to get Tim to give us what his exact plan is with 976. I'm sure he wants to make money on it because it's only costing them at this point, and I'm guessing that there is owed more on than it is worth. It is the path of least resistence, however, a 15 year mortgage on a $50k plane that is ready to go will cost less per month than basically leasing 976 at $650/mo (if that is the option here).</DIV>
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<DIV>I'll bring my financial calculator tommorrow, any material I can find about setting up by-laws, etc, and a sample flyer that we can post.</DIV>
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<DIV>Jim, I don't know how you have this network set up. Am I double sending these e-mails?</DIV>
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<DIV>Todd</DIV>
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<DIV><BR>--- On <B>Mon, 4/6/09, Bob Irving <I><rhirving@verizon.net></I></B> wrote:<BR></DIV>
<BLOCKQUOTE style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: rgb(16,16,255) 2px solid"><BR>From: Bob Irving <rhirving@verizon.net><BR>Subject: RE: Agenda for Wed evening<BR>To: williammccann@comcast.net, "'mike lysik'" <mike.lysik@comcast.net><BR>Cc: eefc-core@workingcode.com<BR>Date: Monday, April 6, 2009, 3:19 PM<BR><BR>
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<P class=MsoNormal><FONT face=Calibri color=#1f497d size=2><SPAN style="FONT-SIZE: 11pt; COLOR: #1f497d">I’m in the process of trying to do that but Tim is out of town until tomorrow. I will catch up with him before the meeting and get answers.</SPAN></FONT></DIV></DIV></DIV>
<P class=MsoNormal><FONT face=Calibri color=#1f497d size=2><SPAN style="FONT-SIZE: 11pt; COLOR: #1f497d"> </SPAN></FONT></DIV></BLOCKQUOTE></DIV>
<P class=MsoNormal><FONT face=Calibri color=#1f497d size=2><SPAN style="FONT-SIZE: 11pt; COLOR: #1f497d">Bob</SPAN></FONT>
<P class=MsoNormal><FONT face=Calibri color=#1f497d size=2><SPAN style="FONT-SIZE: 11pt; COLOR: #1f497d"> </SPAN></FONT>
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<P class=MsoNormal><B><FONT face=Tahoma size=2><SPAN style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: 'Tahoma', 'sans-serif'">From:</SPAN></FONT></B><FONT face=Tahoma size=2><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: 'Tahoma', 'sans-serif'"> eefc-core-bounces@workingcode.com [mailto:eefc-core-bounces@workingcode.com] <B><SPAN style="FONT-WEIGHT: bold">On Behalf Of </SPAN></B>williammccann@comcast.net<BR><B><SPAN style="FONT-WEIGHT: bold">Sent:</SPAN></B> Monday, April 06, 2009 3:14 PM<BR><B><SPAN style="FONT-WEIGHT: bold">To:</SPAN></B> mike lysik<BR><B><SPAN style="FONT-WEIGHT: bold">Cc:</SPAN></B> eefc-core@workingcode.com<BR><B><SPAN style="FONT-WEIGHT: bold">Subject:</SPAN></B> Re: Agenda for Wed evening</SPAN></FONT></DIV></DIV></DIV>
<P class=MsoNormal><FONT face=Calibri size=2><SPAN style="FONT-SIZE: 11pt"> </SPAN></FONT>
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<DIV><FONT face=Arial color=black size=3><SPAN style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Arial', 'sans-serif'">I'm in agreement with Mike , we should treat this as a pilot program with six people. The price that Eagle East is asking , and all of the upgrades</SPAN></FONT></DIV>
<DIV><FONT face=Arial color=black size=3><SPAN style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Arial', 'sans-serif'">needed , will determine ( speaking for myself ) if I would be interested. If you are looking to add on an Instrument Rating in the future , or just for situational awareness , 976 needs a new avionics package.Why not negotiate a firm price with Tim so we no where to start with the numbers . </SPAN></FONT></DIV>
<DIV><FONT face=Arial color=black size=3><SPAN style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Arial', 'sans-serif'"> </SPAN></FONT></DIV>
<DIV><FONT face=Arial color=black size=3><SPAN style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Arial', 'sans-serif'">Thanks,</SPAN></FONT></DIV>
<DIV><FONT face=Arial color=black size=3><SPAN style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Arial', 'sans-serif'">Bill McCann</SPAN></FONT></DIV>
<DIV><FONT face=Arial color=black size=3><SPAN style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Arial', 'sans-serif'"> </SPAN></FONT></DIV>
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<P style="MARGIN-BOTTOM: 12pt"><FONT face=Arial color=black size=3><SPAN style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Arial', 'sans-serif'"><BR>----- Original Message -----<BR>From: "mike lysik" <mike.lysik@comcast.net><BR>To: "Bob Irving" <rhirving@verizon.net><BR>Cc: eefc-core@workingcode.com<BR>Sent: Monday, April 6, 2009 2:21:51 PM GMT -05:00 US/Canada Eastern<BR>Subject: Re: Agenda for Wed evening</SPAN></FONT></DIV></DIV>
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<DIV><FONT face=Arial color=black size=3><SPAN style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Arial', 'sans-serif'">I like the thought of having an agenda, but some of the items may be premature. Maybe we keep the hit list short and just determine if the total cost of doing this is acceptable with the six of us, and if so, agree on our next steps.</SPAN></FONT></DIV>
<DIV><FONT face=Arial color=black size=3><SPAN style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Arial', 'sans-serif'"> </SPAN></FONT></DIV>
<DIV><FONT face=Arial color=black size=3><SPAN style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Arial', 'sans-serif'">Thanks</SPAN></FONT></DIV>
<P style="MARGIN-BOTTOM: 12pt"><FONT face=Arial color=black size=3><SPAN style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Arial', 'sans-serif'">Mike <BR>----- Original Message -----<BR>From: "Bob Irving" <rhirving@verizon.net><BR>To: eefc-core@workingcode.com<BR>Sent: Monday, April 6, 2009 1:22:25 PM GMT -05:00 US/Canada Eastern<BR>Subject: Agenda for Wed evening</SPAN></FONT></DIV></DIV>
<P class=MsoNormal><FONT face=Calibri color=black size=2><SPAN style="FONT-SIZE: 11pt; COLOR: black">Attached is a proposed agenda. Do we need to add anything?</SPAN></FONT>
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