👁 1
💬 0
📄 Extracted Text (494 words)
From: Greg
To: "Jeffrey E." <[email protected]>
Subject: Re: SpaceX Indicates Internet System Will Take Longer Than Anticipated - The Wall Street
Journal.
Date: Fri, 23 Feb 2018 11:44:56 +0000
That deal is In process. I am dealing with two family shareholders who are coming to grips with the fact that
there shares are getting a major down round and despite having combined 69m (51 and 18) investment they have
to get substantial dilution.
We are getting closer.
I have control of the debt and blocking rights on new investment as I put some money in personally to help the
company but only did that when the 51m investor provided me with their voting rights and debt collateralization
rights.
It will take a few more weeks I suspect.
On Feb 22, 2018, at 11:32 PM, jeffrey E. <[email protected]> wrote:
The deal that you were trying to buy control and reorg
On Thu, Feb 22, 2018 at 11:04 PM Greg < > wrote:
Mine with Elon's? The article has it wrong.
You know the backstory. He played me to get all the tech he could out of my mind. Foolishly I was wide
open with sharing ideas and plans (of course we had a binding term sheet and were finalizing the
documents). During this time he neglected to tell me he had taken my Info and filed for his own system.
Unfortunately he filed too late and doesn't have Itu priority, and the system design I was working on then had
fundamental flaws. It will be prohibitively expensive to build. They may be realizing that now.
On Feb 22, 2018, at 10:56 PM, Jeffrey E. <[email protected]> wrote:
What happened to the deal ????
On Thu, Feb 22, 2018 at 10:21 PM Greg < > wrote:
FYI:
SpaceX Indicates Internet System Will Take Longer Than Anticipated
https://www.wsj.com/articles/spacex-indicates-satellite-based-intemet-system-will-take-longer-than-
anticipated-1519227620?
emailToken=7ecbe81bdb43f5cff8ca06746f470aa0VcJc9dodO1HZwa%2B8ZJIRsJTNmaFGp6jSv4697X
PWEYW4%2F4O36VG7uHu2e6KEPCPWC1c1CxjXdlEvNsBka9PrBk%2FpiUdJJH26xTXWm8JXracx
h0ng1H9OCWuSekmUfpmcDn5tspWKWEn%2BdPIlaHZXftvg%3D%3D
EFTA00879644
Download the Wall Street Journal app here: WSJ.
please note
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
JEE
Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
communication in error, please notify us immediately by
return e-mail or by e-mail to [email protected], and
destroy this communication and all copies thereof,
including all attachments. copyright -all rights reserved
please note
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
JEE
Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
communication in error, please notify us immediately by
return e-mail or by e-mail to [email protected], and
destroy this communication and all copies thereof,
including all attachments. copyright -all rights reserved
EFTA00879645
ℹ️ Document Details
SHA-256
4144f83acc2e7a6d5c5a7b33eee9454cdc372b98bd9037b54f4137e0b69dc251
Bates Number
EFTA00879644
Dataset
DataSet-9
Type
document
Pages
2
💬 Comments 0