--000000000000e6404605f4e8f7e3 Content-Type: text/plain; charset="UTF-8" Hi Mitch Just want to double check about the rent allocation between Toronto and Mavencare NY (where the employees shared an office). Per the email correspondence with you below from Oct/22, we are allocating the Toronto rent (CAD$7K/month): 43% to New York and 57% to Toronto based on number of employees. Am I still ok to go ahead with this allocation starting Jan/23? Thanks. *Hua Wu CA, CPA* Accounting Manager - Canada (403) 369-8848 hua.wu@thekey.com TheKey.com [image: TheKey] On Mon, Oct 24, 2022 at 9:23 AM Timothy Thomas wrote: > Fine with me, thanks Mitch. > > On Mon, Oct 24, 2022 at 11:00 AM Mitch Belitz > wrote: > >> Ok with me. Tim? >> >> >> On Mon, Oct 24, 2022 at 7:55 AM Kimberly Guerci >> wrote: >> >>> Yes, that is correct. Question, we believe one of the Toronto based >>> employees who supports NY may be resigning. If that happens we will not >>> replace with another Toronto based employee so can we adjust if that >>> happens? >>> >>> On Mon, Oct 24, 2022 at 10:52 AM Mitch Belitz >>> wrote: >>> >>>> Thanks Kim. Here's what I come up with: >>>> >>>> For 2023 there are projected to be 7 total in-office employees, of >>>> which 3 support NY and 4 support Toronto. >>>> >>>> Accordingly, the rent allocation starting 1/1/23 should be 43% (3/7) to >>>> NY and 57% (4/7) to Toronto. >>>> >>>> Kim/Tim, please reply with your consent or please advise if otherwise. >>>> >>>> Thanks, >>>> Mitch >>>> >>>> On Mon, Oct 24, 2022 at 7:44 AM Kimberly Guerci >>>> wrote: >>>> >>>>> For NY it will just be 3. We will not be continuing with the remote >>>>> employees after Nov 18th and of the other 2 indicated, one is on leave >>>>> until at least mid 2023 and will not be returning to the MC NY team and the >>>>> other has been terminated. >>>>> >>>>> On Mon, Oct 24, 2022 at 10:37 AM Hua Wu wrote: >>>>> >>>>>> ok. Thanks Mitch. >>>>>> >>>>>> Hua >>>>>> >>>>>> On Mon, Oct 24, 2022 at 8:30 AM Mitch Belitz >>>>>> wrote: >>>>>> >>>>>>> Tim, the numbers don't foot. You listed 7 employees for Mavencare >>>>>>> NY, but indicated 3 are in office and 2 remote. What about the other 2? >>>>>>> >>>>>>> Hua, we will allocate starting 1/1/23. >>>>>>> >>>>>>> Mitch >>>>>>> >>>>>>> >>>>>>> On Mon, Oct 24, 2022 at 7:23 AM Timothy Thomas >>>>>>> wrote: >>>>>>> >>>>>>>> I believe Kim said 3 sit in office and 2 are remote. >>>>>>>> >>>>>>>> Mitch, our controller in Canada @Hua Wu was >>>>>>>> looking for feedback on the % split and around timing. Could you please >>>>>>>> connect with her? >>>>>>>> >>>>>>>> Thanks >>>>>>>> Tim >>>>>>>> >>>>>>>> On Wed, Oct 19, 2022 at 10:16 AM Mitch Belitz >>>>>>> mitch.belitz@thekey.com> wrote: >>>>>>>> >>>>>>>>> How many of the NY employees that are in the Mavencare Toronto >>>>>>>>> office are remote? >>>>>>>>> >>>>>>>>> >>>>>>>>> On Wed, Oct 19, 2022 at 6:50 AM Timothy Thomas >>>>>>>>> wrote: >>>>>>>>> >>>>>>>>>> Both Kim and I have some in office and remote employees