EMAIL DETAILS

Just an update on potential clients and where they stand.

Advisory

1) Cable and Wireless: Tim Heffernan presented our proposal to his bosses last week and says it was favorably received and we should have an answer in 3-4 weeks. Proposal was for $20K a month which we would share with Gabriel.

2) CB&I: Getting information to Steve Marlo about the Brazil opportunities. Marlo said once he had that he would push it internally. Not sure if it would be a retainer agreement or just success based but obviously would push for a retainer plus success.

3) Abbott Labs: Supposed to get confirmation that our contract is being renewed sometime this week. Majority of it goes to Xiaoying but still would be good to have it renewed. Approx. $2500 a month to us.

4) Superior Homes: We owe them an answer on whether we can help. You were going to talk to Devon. Proposal was for $7500 a month plus success.

Thinking the above could represent $20-25K/mo. at most after sharing fees with Gabriel, Xiaoying, etc. if it were to all come in.

Broker-Dealer

1) Achievement Capital: Talked to Joe Scoby and he said, “Drinking from a fire hose. Will get back to you.” Think it will happen - not sure when. Need to touch base with Donnie Storino.

If we can maintain Corrum and add Achievement that means BD revenue in retainers is $15K a month which should be our nut.


Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
eschwerin@rosemontseneca.com <x-msg://59/eschwerin@obblaw.com>
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