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From: "Jeffrey E." <[email protected]>
To: Ramsey Elkholy
Subject: Re: Question/L'official
Date: Thu, 19 Jan 2017 10:00:17 +0000
not a good beginning i would advise you to find something else.
On Thu, Jan 19, 2017 at 5:40 AM, Ramsey Elkholy < wrote:
L'official is being really seedy and trying to change the terms of the agreement without discussing with me
first, it's a constant back and forth French style - I feel like I'm in a Turkish bazaar trying to buy a carpet or
something. I walked away from the US deal because they were trying to put together an agreement that would
validate 50% of my shares only after 24 months, after which time the majority partner would have the power
to change the valuation and thereby dilute my shares. Really sneaky stuff, and I just stepped back and acted
dumb. My main focus was on Brazil, much cheaper shares and would get me the same results (pussy). But
now they're being shady again and even tho I can prove that they are not negotiating in good faith and have
therefore breached the terms of our MoU agreement I don't know if the French courts would reimburse me for
any damages such as legal fees, trip to Brazil, etc.
Do you know anything about how these things work in Paris? In the US I could litigate and at some point
when they would start racking up the legal fees some settlement could be reached. Not sure how that works in
Paris or how something like this could be resolved (I'm not prepared to pay an attorney 12k USD for a deal
that falls through). The other question is do you know any good attorneys in Paris? I mean somebody well
known enough that a mere phone call or letter from him would cause them to reconsider their current course of
action.
I'll be in Brazil in a couple weeks. I hoped to have this deal done by then, but they keep dragging things out. I
never knew French people to be so seedy.
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