Exhibit 2

Case 23-03091-mvl Doc 18-2 Filed 01/10/24 Entered 01/10/24 17:46:35 Desc

Exhibit 2 - Automation Email Page 1 of 3
From: Sondrup, Samantha K. [ssondrup@goodmansolutions.com]

Sent:

To:

10/13/20211:32:34 AM

Terhesh, Jo Ella [JTerhesh@goodmansolutions.com]; Elmore, Stephanie S. [selmore@goodmansolutions.com]

CC:

Subject:

james.frinzi@gnetatc.com; Seago, Steve W. [SSeago@goodmansolutions.com]

RE: Fedex Synopsis

Really Nice work on this Jo Ella.

We see you!!

G

Samantha Sondrup

Chief of Staff

GOODMAN SOLUTIONS

From: Terhesh, Jo Ella <JTerhesh@goodmansolutions.com>

Sent: Tuesday, October 12, 20214:34 PM

To: Sondrup, Samantha K. <ssondrup@goodmansolutions.com>; Elmore, Stephanie S.

<selmore@goodmansolutions.com>

Cc: james.frinzi@gnetatc.com; Seago, Steve W. <SSeago@goodmansolutions.com>

Subject: RE: Fedex Synopsis

Good afternoon all,

Here is a summary ofthe FedEx Accessories Packaging project:

D365 Customer: Cl0033

D365 Vendor: V303090

D365 Project: ATCVAR-006

Gross Margin July 2019 - June 2020 = $560,364 (from previous Genesis ATC financial statement)

Gross Margin October 2020 - September 2021 (pallet moves ONLY) = $206,357.71 - does not include the .2% margin on all

automated purchase and sales transactions estimated below at $274,142.70 for total of $480,500.41

GNET ATC, LLC has automated purchase order and invoice transactions in D365 (previously were automated in Great Plains) that

account for the purchase ofmobile device accessories from FedEx and sale back to FedEx at .2% margin. In other words, the sales

price is .2% higher than the purchase price. GNET ATC also receives and processes weekly Express Employment Professionals temp

agency invoices for the temp labor used in Ft. Worth by FedEx to move pallets related to this project within their facility. At the end

of every month, FedEx will provide GNET ATC with an estimated pallet move count and GNET will accrue revenue at $8.50 per

pallet (should be a reversing accrual). Around the 15111 ofthe following month, FedEx will confirm final pallet moves for the prior

month and GNET ATC will invoice actual revenue in D365 which will be offset by the reversing accrual from the previous month

end.

I have attached the last 12 months transactions pulled from D365 today for project ATCVAR-006 (11,439 records, but I believe most

ofthese should be doubled because the revenue and COGS are listed on the same line). I successfully matched up all ofthe pallet

move revenue for the past 12 months at $276,462.50 from my tracking file with the D365 On-Account transaction type, but it appears

to me that the revenue accrual for September was actually booked as an expense instead ofrevenue? I also matched up “most” ofthe

pallet move temp agency invoices from my tracking file, but I believe some ofthese temp invoices are missing and should be coded to

this project totaling an additional expense of $9,681.32 for total 12 month temp labor of $70,104.79. Lastly, there are several

September 2021 revenue transactions coded as “Custom Work” totaling $330,500.33 and one expense coded as “Shipping and

Freight” for $21.60 that I cannot match to anything and may be coded to the wrong project?

Ifyou filter column E to “Materials”, this seems to be the best representation ofthe automated purchase and sale transactions for the

12 month period. However, there are 45 transactions with COGS only and no revenue. Ifwe remove these rows noted with green

font (cost of $334,685.11), all other transactions indicate an accurate margin of.2% overall.

FedEx 000280

Case 23-03091-mvl Doc 18-2 Filed 01/10/24 Entered 01/10/24 17:46:35 Desc

Exhibit 2 - Automation Email Page 2 of 3
Revenue $137,280,053.20

COGS $137.005.910.50 (not including above $334,685.11 COGS only)

Margin $ 274,142.70 or .2% gross margin

Ifyou would like to discuss further, please let me know.

Thanks,

Jo Ella

G

Jo Ella Terhesh

Vice President, Supply Chain and Logistics

GOODMAN SOLUTIONS

From: Sondrup, Samantha K. <ssondrup@goodmansolutions.com>

Sent: Tuesday, October 12, 2021 12:09 AM

To: Elmore, Stephanie S. <selmore@goodmansolutions.com>; Terhesh, Jo Ella <JTerhesh@goodmansolutions.com>

Cc: james.frinzi@gnetatc.com

Subject: Fedex Synopsis

Can Either ofyou provide a synopsis on Fedex project?

What do we do for program?

Any Transactional count detail?

Financials (as applicable)?

G

Samantha Sondrup

Chief of Staff

GOODMAN SOLUTIONS

T : 972.421.5732 M : 469.307.2070

ssondrun@goodmansolutions.com

GOODMANSOL1 TIONS.COM

2801 Network Blvd, Suite 300, Frisco, TX 75034

FedEx 000281

Case 23-03091-mvl Doc 18-2 Filed 01/10/24 Entered 01/10/24 17:46:35 Desc

Exhibit 2 - Automation Email Page 3 of 3