Free Motion for Summary Judgment - District Court of Arizona - Arizona

Case 2:04-cv-00384- R0S D0cument 413-39* FiIed 12/jé/2006 Page·1 0f 2 `

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"PROPERTlES, L. L. C-
· Jrmc 26, 2002 4 ·
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Mr. Greg Hancock · _ `
4369 N. ss‘*s¤ea -
5 _ Scottsdale. Arizona 85251 i . p
O Dear Greg: . 4
As you lcnow, we formed Olympic Properties LLC on June 29, 2001 for the purpose of doing land
development. -
1) h You own 2.5% with an option agreement to purchase in the future up to 60% ownership. You
verbally agreed and subsequently Snanced 60% of our expenses liom day one. _ _
‘ l. Asaresult ofthe lossofourprimary financial partner, Devon Properties, wewereunableto .
proceed as planned with Olympic Properties No property or assets of any kind were ever ‘
purchased- As a result, I am rewming the ested, e e incurred through _
ll M hf2002. , '· 6"0’€> ·` ‘. ~
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You $79.500 in 3 separate pa _t_>f A list ofyour 60% of ` .
expense to Olympic is as follows: ` ·
- · S 264.60 Stan up Titus Brueckner & Berry l _
) N-.. - 5 2.067.67 Dinner Bob Rodges, Joe Winlc,'Devon Properties, Glenn
Smiegil. Bob Rodgers, CB Commercial · _
3 1,062.35 Prim Time, letterhead, etc. ‘ -
_ S 202.68 Titus Brneclmer 6: Berry, general legal
S 40.92 Express mail to New York l ·; · ‘
, -. 3 332.50 Attorney for logo research
$ 6,706.00 Titus Bmeclcner dc Berry, Fox Hunt contract negotiations p
) $ 313.00 Titus Bmeclmer & Berry, formation of Mystic LLC
· $ 3.25;.00 Gencraloiice and clerical expense
$14.229.72 _ ` "
Enclosed is acheclr for $65.270.28 representing the different between your total investment and
·1 · your share of the nonrefundable expenses to operate Olympic. .
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I will be filing a lim! tax return for Olympic for the year 2001, and dissolving the LLC. As you
know, Olympic has no debt, or assets of any kind. _
Greg, if ou have any questions, please call me. ~ A
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Case 2:04-cv—00384-ROS Document 413 39 Filed l /

Case 2:04-cv-00384-ROS

Document 413-39

Filed 12/18/2006

Page 1 of 2

Case 2:04-cv-00384-ROS

Document 413-39

Filed 12/18/2006

Page 2 of 2