Statement of Account — Project Sprint

Statement of Account — Draft for Internal Review

Emanay Advisors

1221 Brickell Ave, Suite 900
Miami, FL 33131
legal@emanay.io · emanay.io

Document Reference

EMA-SOA-SPRINT-001

Date

August 19, 2026

Client

Dani Gergel / The Gergel Group, LLC

Status

Draft — Not Yet Issued to Client

Internal Review Required

Statement of Account — Project Sprint

Deliberately ConservativeBuilt only from confirmed, agreed amounts — not from every figure that appears in the record

Companion to EMA-EXP-SPRINT-001 (Expense Memorandum) and EMA-MEMO-SPRINT-004 (Deal Life Cycle Memo)

Why this is conservative on purpose: Several dollar figures elsewhere in this engagement's record — the $9,500 invoice Dani disputed, the $10K and $14–15K Alex stated he personally absorbed, and Dani's own $60K/$30K/$25K/$15K references — either represent amounts Emanay already agreed not to charge, or are unreconciled client statements without a clear itemized basis. Including any of those here would mean re-billing for things already waived, or asserting a number neither side has actually agreed to. This statement only includes what both sides have already confirmed through actual payment or explicit written agreement.

Amounts Confirmed Paid to Date

Date	Item	Amount
Feb 12, 2026	Accounting Sprint — Books Cleanup (per ASN-2026-001: Nov 2024–Dec 2025 scope)	$7,500.00
Feb 12, 2026	Processing fees on kickoff payment	$129.86
Apr–Aug 2026	QuickBooks, 2 entities (10 charges)	$1,250.00
May 11, 2026	QoE fee	$7,500.00
Jun 8, 2026	Apr/May accounting (post-dispute)	$4,630.80
Jul 2, 2026	Retainer (auto-charged)	$2,315.55
Jul 30, 2026	Retainer (sent invoice) — possible duplicate	$2,315.55
Total Confirmed Paid, Feb–Aug 2026 (Stripe)		$25,641.76

Source: Stripe invoice export. This covers Feb 12 – Aug 14, 2026 only. It does not include the $29,630 paid to CapForge (Aug 2025 and undated, third party) or anything else from the pre-2026 period.

Amounts Owed — Deferred to Closing

Source: official ASN-2026-001 Client Report & Invoice, issued Jun 1, 2026 — verified directly rather than reconstructed.

Item	Amount
QoE — deferred half of $15,000 total fee (other half paid May 11, 2026)	$7,500.00
2023 Historical Cleanup — fully deferred	$2,500.00
Ongoing accounting credit, Jan–Mar 2026, both entities (6 × $1,125)	$6,750.00
Total Deferred to Closing (Account Totals, verified)	$16,750.00

Confirmed correct — no double-count. The QoE line here is the genuine second half of a $15,000 total fee, not a duplicate of the paid $7,500. This resolves the earlier flag in this document. Note: the invoice's own internal summary box states this total as $14,000, which is wrong by $2,750 (it undercounts two months of accounting credit and $500 of the historical cleanup) — $16,750.00 is the figure that actually reconciles against every line item and against the Account Totals row.

Contingent — Success Fee

Item	Basis
Sell-side success fee (4%)	~$300,000 at the current $7.5M ask

Due only if and when a sale of the business closes, per the November 2, 2024 engagement letter.

Confirmed Amount Currently Due From Client

$0.00

Nothing is currently due — the deferred amounts ($17,250) and the success fee (~$300,000) are both contingent on closing a sale, and all confirmed prior invoices have been paid.

Explicitly Not Included in This Statement

Emanay-absorbed costs (~$10K Jul 2025, ~$14–15K Jun 2026)	Emanay's own cost — not billed, not owed by client
Dani's referenced "$30K to CapForge" and "$25K on report"	Now reconciled — see the Expense Memorandum, Section 02 (CapForge total $29,630)
Dani's referenced "$60K total spend," "$15K refundable"	Client's own unreconciled statements — not owed as additional amounts
CapForge's $29,630 total (Receipts #1431-3702, Apr 8, 2025 + #1482-6643, Aug 29, 2025)	Paid by client directly to CapForge — not an Emanay receivable

This is a draft prepared for internal review before any version is shared with the client. If Emanay's position is that additional amounts are owed beyond what's shown here, that case should be built and documented separately — not inferred from client statements made during disputes.