To: Jeffrey Epstein[jeevacation©gmail.corn]
From: David Stern
Sent Sat 10/13/2012 12:47:10 PM
I am flying to Abu Dhabi tomorrow.
We are discussing $29m investment into Asia Gateway for 20%. No comment from them
yet on the % they want, I expect they want more.
My issue:
I still have $6m. We are ahead of plan. We will probably reach revenue stage in
July 2013.
To be able to reach revenue and grow quickly in 2013 I need additional $5m, but
not $29m.
Maybe I can do big pre-IPO round next next year once I proof revenue model ?
I can not really tell AD I only need $5m.....?
EFTA_R1_00314793
EFTA01893081