EFTA02644098

From: jeffrey E. <[email protected]> Sent: Monday, July 17, 2017 10:28 AM To: Nicole Junkermann Junkermanngroup Cc: Ehud Barak WORLD Subject: Re: Call with Reporty I agree. the israeli trick of usin= cyprus to avoid taxes is silly antiquated and dangerous On Mon, Jul 17, 201= at 4:37 AM, Nicole Junkermann I Junkermanngroup <junkermann=junkermanngroup.com> wrote: Dear Ehu=, I hope you are well. Following a call that my tea= and I had with Amir =his week, I would like to raise a couple of issues with you.=/span> The first concerns the advice Amir requested in terms =f raising Reporty's next capital round. He explained that Re=orty is in the process of establishing a number of local subsidiaries around the world to facilitate expansion into various t=rritories. Whilst I would probably not have advised this approach an= we had some reservations, e.g. creation of dual marketing budgets and pot=ntial dilution of the Reporty brand, Given Reporty has decided to go down this road, I explained that I would st=ongly advise the company to raise capital through these subsidiaries, rath=r than diluting holdings in the parent company (Reporty HS) itself, for ex=mple getting Carlo Slim' s company on board in the Latin American subsidiary. The second issue we discussed was the location of the local subsidiary for =urope. I understand Amir is currently considering Cyprus. Cyprus is raising eyebrows so I would propose Luxembourg An expansion on this scale is a difficult ta=k but Amir is very efficient. Let me know if you want to discuss this pre-=oard EFTA_R1_01879689 EFTA02644098 Best Nicole Nicole </=pan> =AO please note The information contained i= this communication is confidential, may be attorney-client privileged,=may constitute inside information, and is intended only for the use =f the addressee. It is the property of JEE Unauthorized use, disclos=re or copying of this communication or any part thereof is strictly pro=ibited and may be unlawful. If you have received this communication =n error, please notify us immediately by return e-mail or by e-mail to =a href="[email protected]" target="_blank">jeevacation@gmai=.com, and destroy this communication and all copies thereof, inc=uding all attachments. copyright -all rights reserved --94eb2c189edebc7c76055480daa6-- conversation-id 38088 date-last-viewed 0 date-received 1500287285 flags 8590195713 gmail-label-ids 7 6 remote-id 731320 2 EFTA_R1_01879690 EFTA02644099