Change priority / status / stage here. Overrides beat stale sync data and save to Redis.
P0 = highest urgency (do / send today). P1 this week · P2 later · backlog parked.
Adams Healthcare: send pre-LOI questions to Dino
Send pre-LOI questions first; do not send LOI until tax/P&L bridge is verified
Blocker: $2.4M CIM cash flow vs ~$151K tax income
C:\Users\jonat\Clinton Harbor\ETA - Documents\___Current Deals\Adams Health
Opens in OneDrive on the web (or Explorer on jewtop)
→ Send pre-LOI questions before any LOI
Adams Healthcare broker contact
No seller contact on file
Shared list: 232 lending groups (36 with multiple contacts → To + Cc).
Opens a deal-specific composer: check lenders, AI-draft the body, attach OneDrive files (e.g. Anonymous Lender One-Pager v2), create unsent Outlook drafts (To + Cc). Nothing auto-sends.
No DRAFT_*.md files found (local disk or OneDrive)
C:\Users\jonat\Clinton Harbor\ETA - Documents\___Current Deals\Adams Health\HANDOFF.md
CIM shows ~$2.4M cash flow and $11.899M asking price, while the 2025 tax package shows approximately $151K ordinary business income.
2025 standalone P&L shows $6.317M revenue, $3.274M operating expenses, and $2.997M net income.
2025 tax package shows $6.217M revenue, $5.989M operating expenses, and approximately $173K net income before ordinary business income presentation.
Major tax reclassifications require support, especially independent contractors, payroll, office expense, marketing, miscellaneous expense, and the $4.871M Other Deductions bridge.
Payroll / contractor classification and fully burdened labor cost are gating diligence items.
Need to verify the 110-employee / management-structure claim, 187,200 billable hours, ~$33 average revenue per hour, and home care / staffing / transportation revenue mix.
Need broad legal, regulatory, claims, liens, debt-like item, worker classification, insurance, and license diligence before relying on the reported cash flow.
New facts beyond prior deep dives: (1) the $973,759 1099-NEC to "ABLING HEALTH SERVIES" = Abling HealthCare Services LLC, SAME suite as Adams (2 Burlington Woods Dr Ste 100, principal Hajarah Nalukwata; no documented Kabuye link — MA SOS bot-blocked, manual pull needed); the seller's $2.4M bridge silently deducts ~$999K ≈ this payment.
Confirms labor-normalized book EBITDA ~$2.436M (within $36K of CIM $2.4M); tax-return EBITDA ~$584K; reconstruction pack cash-flow bridge does not foot ($999K gap); book-to-tax bridge formula fails by ~$1.55M.
LOI remains blocked until seller responds.