EFTA00994033.pdf
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From: "Jeffrey E." <[email protected]>
To: Melanie Spinella
Subject:
Date: Fri, 01 Aug 2014 00:56:57 +0000
I have only seen rough cash flow projections, produced by phaidon. . rough balance sheet, unaudited, told that
loans are getting paid, 300 percent. of principle.. no real handle on liabilities seperate form a minimum of 500 k
commmions, owed. told that shareholders all had the opportunity to loan under same terms , one loan is from a
relative , dont see 12 million investment . see 17 million valuation of b round, told that there is another bid,
but probably for stock in another entity , ( cannot guess actual value , ), indeminities.? eileen said that ceo
invested 1.2 million of her own money , don't see it.. and she is agreeing it is worthless, but is also getting a
signing bonus? , I am flying this morning will be availible around 3 pm , email me if urgent.
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EFTA00994033
ℹ️ Document Details
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8a63765b2fdd4fab6785e6daa91c3d17d7b3d113ddeb34635e5159dd959d5d38
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EFTA00994033
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document
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1
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