Dear Mr. Wuddah

Thank you for your email.

I do not doubt that the transaction carries little risk, I simply wanted to point out that someone as eminently qualified for the position as I am would not be prepared to accept anything less than a 50/50 share. I am currently in negotiations with a number of foreign gentleman with regards to business proposals so I have to warn you that I can be choosy as to the assignments I am prepared to undertake.

50/50% or nothing Mr. Wuddah.

Kind Regards

Ethel Trellis (Mrs.)