This is a multipart message in MIME format. ------=_NextPart_000_021A_01DBA79A.2ABA3490 Content-Type: multipart/alternative; boundary="----=_NextPart_001_021B_01DBA79A.2ABA3490" ------=_NextPart_001_021B_01DBA79A.2ABA3490 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Thank you, Michelle.=20 =20 Sounds like we should write this off, based on the below and our recent = experience with the CAD law firm. Please let us know if this is approved = @Laszlo Kovacs = @Michele Boehmer =20 =20 Kind regards- =20 Elizabeth Clark Director | TheKey Mobile: 619.822.4855 =20 =20 From: Michele Boehmer =20 Sent: Monday, April 7, 2025 8:27 AM To: Audra Williams Cc: Elizabeth Clark ; marykatherine.cope@thekey.com; = Timothy Thomas ; Lito Delapena = ; sara.stuhlsatz@thekey.com; Laszlo Kovacs = ; katherine.cope@thekey.com; = natalie.cahoone@thekey.com; Melissa Reyes Subject: Re: 344 Lutgarda Mariano- Vancouver BC Office Closure =20 Thanks for looping me in. While Lutgarda owes us $39K in royalty, when = we took her clients we absorbed $120K in monthly revenue without = purchasing these clients from her. Our school of thought was that while = it is unlikely that we will collect the royalty revenue, we have already = recouped the loss of those funds with the profit we have gained from the = business we took over. I feel any efforts to collect these funds will = be in vain as she owes a very large sum to CTA and they will be getting = their money first. =20 On Mon, Apr 7, 2025 at 8:01=E2=80=AFAM Audra Williams > wrote: Adding in +Michele Boehmer for visibility. =20 I highly doubt that we will be able to recoup this, but Michele is the = closest to this and will be able to add thoughts. =20 Best, =20 On Fri, Apr 4, 2025 at 9:07=E2=80=AFAM Elizabeth Clark = > wrote: Good Morning =20 Circling back to this topic as the franchise owner never paid her = balance. I would suggest we write this off to bad debt if we are not = going to pursue here successfully in the next 180 days. Is there any = collateral/leverage we have from her being a previous franchise owner we = can leverage to recoup this?=20 =20 On Wed, Feb 5, 2025 at 3:10=E2=80=AFPM > wrote: @sara.stuhlsatz@thekey.com =E2=80=93 = Thank you for looping me in.=20 =20 Katherine Cope Accounting Manager=20 Mobile: 865.789.4301 =20 TheKey.com =20 =20 =20 =20 From: sara.stuhlsatz@thekey.com = >=20 Sent: Tuesday, February 4, 2025 12:23 PM To: eclark@thekey.com ; 'Laszlo Kovacs' = >; = katherine.cope@thekey.com =20 Cc: natalie.cahoone@thekey.com =20 Subject: RE: 344 Lutgarda Mariano- Vancouver BC Office Closure =20 + @katherine.cope@thekey.com for = visibility into Franchise AR and allowance impacts. =20 Kind regards, Sara Stuhlsatz Accounting Manager (620) 240-9375 Wichita, KS TheKey.com =20 =20 =20 =20 From: eclark@thekey.com >=20 Sent: Tuesday, February 4, 2025 10:41 AM To: 'Laszlo Kovacs' > Cc: sara.stuhlsatz@thekey.com ; = natalie.cahoone@thekey.com =20 Subject: FW: 344 Lutgarda Mariano