👁 1
💬 0
📄 Extracted Text (1,350 words)
From: "Jeffrey E." <[email protected]>
To: george church
Subject: Re: $200K
Date: Thu, 25 Sep 2014 11:22:41 +0000
On Thu, Sep 25, 2014 at 7:20 AM, george church < wrote:
Sure. What hone number for you should I use?
--george
From: "Jeffrey E." <[email protected]>
Date: Thursday, September 25, 2014 at 6:51 AM
To: george church < >
Subject: Re: $200K
im avaible same ,„ woudl you like to initiate?
On Thu, Sep 25, 2014 at 6:21 AM, george church c wrote:
Yes. I'm free from 3:20 AM Palo Alto time (now) until 7:20 AM PT.
-George
From: "jeffrey E." <[email protected]>
Date: Thursday, September 25, 2014 at 5:49 AM
To: george church Richard Kahn
Subject: Re: $200K
can we do our calls today
On The, Sep 9, 2014 at 8:49 AM, george church c wrote:
Sure ... at
--geo
From: "jeffrey E." <[email protected]>
Date: Tuesday, September 9, 2014 at 7:41 AM
To: george church < >
Subject: Re: $200K
free to speak today>?
On Sat, Sep 6, 2014 at 9:11 AM, george church a wrote:
The Androcyte business plan is to patent products based on genomic (and epi-genomic) variants which are unique to
one or more supercentenarians (SC). Each such DNA variant can be used to design and manufacture variant-specific
RNAi molecules, proteins, and CRISPR guide-RNAs. The CRISPR is used for changing DNA in human cells (stem
cells, neurons, etc) to match the SC variant or reversible activation or inhibition of the SC-impacted gene. Since we
(Androcyte) have (by far) the most SC resources (including genomic variants already undergoing computational
analyses) and have co-invented the CRISPR technology, we are in unique position to develop these therapies swiftly.
These products will be tested in animals and in partnerships with pharmaceutical and skin care companies.
Pharmaceuticals are becoming more costly due to increasingly smaller (personalized) markets (e.g. Glybera at $1.6M
per treatment) -- Hence the prospect of Androcyte therapies that apply to every person (with access to reasonable health
care) is a opportunity for cost reduction and better margins due to huge markets. We will submit the first patent by Dec
2014 and begin CRISPR experiments and partnering discussions immediately thereafter.
Examples of potential partners for Androcyte:
EFTA00997325
--George
From: "Jeffrey E." [email protected]>
Date: Thursday, September 4, 2014 at 1:54 PM
To: george church .c >, Richard Kahn
Subject: Re: FW: $200K
is there and was there a biz plan? how does the co intend to make money? when/ ? the use of funds , appears more
like a research grant than a for profit investment.
On Thu, Sep 4, 2014 at 12:20 PM, george church la wrote:
Hopefully this email will answer your questions about "dilution" vis-i-vis Androcyte.
--George
From: James Clement
Date: Thursday, September 4, 2014 at 10:17 AM
To: george church .:1 >
Subject: Re: $200K
Hi George,
Here's some background on the company, for you and your advisers. When we started in January of 2010, we raised
$100,000 from three investors for Acron Cell LLC. As you may recall, I dissolved the original company, Acron Cell
LLC, and sold the assets to a new Florida company called Androcyte LLC, in 2011. Parijata "Jata" Mackey and I took
over that company's management, although Jata is no longer involved. We had 3 original investors in Acron Cell
which were allowed to move their ownership percentages to Androcyte. One of those investors, Life Extension
Foundation, has put $215,000 in total into the Company, and Zasis LLC (owned/managed by Gary Hirst) has put
about $340,000 into Androcyte, since the beginning. For about one year, Jata and I each had a salary of about $60,000
each, but that ended in October of 2012 and there have been no salaries since then, only living expenses (modest
housing, food, utilities, and travel) The bulk of the funding was used in 2011 - 2012 to pay for travel to Europe to
collect blood samples and to negotiate a grant and loan from the Spanish government to move the business to their
Andalusian biotechnology center at Isla de la Cartuja outside Seville. Setting up the Spanish subsidiary and applying
for the grants/loans took about three months, and cost us about $30,000. Although we were told we'd get both, the
collapse of the Spanish economy fouled this from happening. We then sequenced the first three genomes for $20,000
apiece, and in 2012 sequenced another 12 genomes for $8,000 apiece (both sets were contracted through Knome). I
spent the Summer of 2013 in Arlington, MA working on analyzing this genomic data on both ICnome's and
Ingenuity's Variant Analysis platforms.
I'll pull together our existing shareholder list, if you'd like it. You were given 2% of the company's initial stock and the
other four advisers were given 1 percent each. Jata now is a 2% "adviser" rather than an employee/manager.
Everyone, including these investors and myself all have dilutable ownership units of Androcyte LLC. All investments
have been made on a Pre-money Valuation basis and represent whatever valuation we've agreed to with the investor.
Previously (2012 and 2013) our valuation has been $2,500,000. That's also the amount I quoted the potential investor
with whom I've been negotiating recently. Because there's much more to be gained by having you as an investor, I
promised you a valuation of $2,000,000. If we receive your investment, then I'll tell the other guy that we're no longer
seeking funds, but I'll keep in touch with him regarding future investment opportunities. Hopefully with the new
analysis and adding to our samples and genomic data, our valuation will increase significantly. As previously offered,
I'm happy to have you help make such decisions in the future.
Please let me know if you have any questions. I attaching copies of our 2011 and 2012 tax returns, but the 2013 tax
return hasn't been completed yet. One of the uses of new funds is to pay about $4,000 to have them done.
Best regards,
James
EFTA00997326
James Clement,
Supercentenarian Research Study
U.S. Cell: 305-785-0174
MEN
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 ipsi
"r gmail.com 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
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
EFTA00997327
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
EFTA00997328
ℹ️ Document Details
SHA-256
a9b92fe0689cea24a337b20348d49e03c59596cdb431067d0085fdfe7f57c938
Bates Number
EFTA00997325
Dataset
DataSet-9
Type
document
Pages
4
💬 Comments 0