--Apple-Mail=_6B20A91A-ABC7-4E31-BCEC-25638EBDD756 Content-Transfer-Encoding: quoted-printable Content-Type: text/plain; charset=utf-8 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 =20 tthomas@homecareassistance.c om www.homecareassistancemontreal.ca = =20 Blog: Home Care Assistance Montreal = Facebook: HCA Montreal Facebook=C2=A0 = = =20 Twitter: HCA Montreal Twitter > On Jan 23, 2021, at 9:20 PM, Lucas Motro = wrote: >=20 > 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. >=20 > 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. >=20 > Tim Thomas > Soins =C3=A0 Domicile / Home Care Assistance > 514 907 5065 >=20 >> On Jan 23, 2021, at 8:32 PM, Lucas Motro = > = wrote: >>=20 >> =EF=BB=BF >> Hi guys, >>=20 >> 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. >>=20 >> I just need to know the amount that you will take out (e.g., CAD = $500k to use a round number?) so that I can update the docs. >>=20 >> Thanks, >> Lucas >> +1 650 313 0747 >>=20 >> On Fri, Jan 22, 2021 at 9:50 PM Lucas Motro = > = wrote: >> Guys, >>=20 >> 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.=20 >>=20 >> 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 us = having to inject more capital. >>=20 >> This is also our preference given that if we have a large cash = balance in Canada we have the logistical challenge of eventually = repatriating funds 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. >>=20 >> Let me know. >>=20 >> Thanks, >> Lucas >>=20 >> --=20 >> Lucas Motro >> Director of Corporate Development >> Home Care Assistance >> www.homecareassistance.com >> --- >> Read Our Testimonials >> Join Our Newsletter = >> We Are Hiring! >> = <> >>=20 >> Champions of Aging Well >>=20 >>=20 >> --=20 >> Lucas Motro >> Director of Corporate Development >> Home Care Assistance >> www.homecareassistance.com >> --- >> Read Our Testimonials >> Join Our Newsletter = >> We Are Hiring! >> = <> >>=20 >> Champions of Aging Well >=20 >=20 > --=20 > Lucas Motro > Director of Corporate Development > Home Care Assistance > www.homecareassist