--000000000000f8f33805b9a94bf7 Content-Type: multipart/alternative; boundary="000000000000f8f33605b9a94bf6" --000000000000f8f33605b9a94bf6 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Tim, Timothy, Can we discuss earlier? We need to give Mike time to set up the wires and your attorney time to do a quick review of the final docs. And, Mike was under the impression that it would be net-neutral for you to sweep some cash but a pain for us to repatriate it. We can discuss of course. How about 1:30pm? On Sun, Jan 24, 2021 at 12:56 PM Tim Thomas wrote: > Hi Lucas, > > We won=E2=80=99t be taking any cash out of the business. After reviewing= with our > accountant, there=E2=80=99s no advantage to us to do so. > > We can discuss more on call later. > > > > > > *Tim Thomas* > *Home Care Assistance (Montreal) Inc.* > *4464 Ste. Catherine Ouest* > *Westmount, Quebec* > *H3Z 1R7* > *Tel: 514 907 5065* > > *tthomas@homecareassistance.c om* > *www.homecareassistancemontreal.ca > * > > *Blog: Home Care Assistance Montreal > * > *Facebook: HCA Montreal Facebook > * > *Twitter: HCA Montreal Twitter * > > On Jan 23, 2021, at 9:20 PM, Lucas Motro > wrote: > > Ok, more of just an "eye test" of how much you think you need to keep in > -- with a little bit of buffer. Doesn't need to be anything exact. > > On Sat, Jan 23, 2021 at 8:54 PM Tim Thomas > wrote: > >> Lucas, >> Our accountant will have a calculation for us tomorrow morning and we >> will get it to you right after. Unfortunately she was tied up today. >> Thanks for your patience. >> >> Tim Thomas >> Soins =C3=A0 Domicile / Home Care Assistance >> 514 907 5065 >> >> On Jan 23, 2021, at 8:32 PM, Lucas Motro >> wrote: >> >> =EF=BB=BF >> Hi guys, >> >> Can one of you give me a quick call whenever you have a moment? In short= , >> Mike's preference is that you only leave in the cash that you think you'= ll >> need. It will help us with repatriation. >> >> I just need to know the amount that you will take out (e.g., CAD $500k t= o >> use a round number?) so that I can update the docs. >> >> Thanks, >> Lucas >> +1 650 313 0747 >> >> On Fri, Jan 22, 2021 at 9:50 PM Lucas Motro > lmotro@homecareassistance.com> wrote: >> >>> Guys, >>> >>> If you decide to sweep off some of the cash balance, just let me know >>> tomorrow the amount (e.g., $450k) and I will adjust in the closing >>> statement. >>> >>> This would not be uncommon, and we would just need to leave in enough >>> cash so that you/we would be comfortable operating go-forward without u= s >>> having to inject more capital. >>> >>> This is also our preference given that if we have a large cash balance >>> in Canada we have the logistical challenge of eventually repatriating f= unds >>> back to the US. And, we will effectively be paying "cash for cash" but = will >>> likely take a small hit on exchange rate/fees in the process. >>> >>> Let me know. >>> >>> Thanks, >>> Lucas >>> >>> -- >>> Lucas Motro >>> Director of Corpo