--Apple-Mail-D48C868E-85EC-4911-8187-0081540FA15F Content-Type: text/plain; charset=utf-8 Content-Transfer-Encoding: quoted-printable Ok Tim Thomas Soins =C3=A0 Domicile / Home Care Assistance 514 907 5065 > On Jan 24, 2021, at 1:07 PM, Lucas Motro w= rote: >=20 > =EF=BB=BF > Hi Tim, Timothy, >=20 > Can we discuss earlier? We need to give Mike time to set up the wires and y= our attorney time to do a quick review of the final docs.=20 >=20 > 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 cours= e. >=20 > How about 1:30pm? >=20 >> On Sun, Jan 24, 2021 at 12:56 PM Tim Thomas wrote: >> Hi Lucas, >>=20 >> 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. >>=20 >> We can discuss more on call later. >>=20 >>=20 >> >>=20 >>=20 >>=20 >> Tim Thomas >> Home Care Assistance (Montreal) Inc. >> 4464 Ste. Catherine Ouest >> Westmount, Quebec >> H3Z 1R7 >> Tel: 514 907 5065 >> =20 >> tthomas@homecareassistance.com >> www.homecareassistancemontreal.ca >> =20 >> Blog: Home Care Assistance Montreal >> Facebook: HCA Montreal Facebook =20 >> Twitter: HCA Montreal Twitter >>=20 >>> 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 w= ill get it to you right after. Unfortunately she was tied up today. Thanks f= or 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 sho= rt, 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 statemen= t.=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 ha= ving to inject more capital. >>>>>>=20 >>>>>> This is also our preference given that if we have a large cash balanc= e in Canada we have the logistical challenge of eventually repatriating fund= s back to the US. And, we will effectively be paying "cash for cash"