From: Jeffrey Epstein <jeevacation®gmail.com>

From: Jeffrey Epstein <jeevacation®gmail.com> To: Richard Merkin Subject: Re: Date: Fri, 18 May 2012 22:12:32 +0000 what do you mean by the " team".. the idea sounds,great. why convertible preferred. , what are your concerns? . revenude model seems clear, . payor, providers, and insurance co . isnt that right?, the start up salaries get paid from the old invesment as well as the new., there is still 4 million in cash, another 6 millin financing commited in response to milestones? of course they have been paid, . yidong. team is supposed to be pretty strong., including. former goct official.s ( real insurance). On Fri, May 18, 2012 at 3:30 PM, Richard Merkin < > wrote: Your thoughts? This is not to be venture capital . Convertible preferred? If a loan ,.sinking fund ? . are there receivables? Cross collateralizing on other assets? No clue. where is the revenue coming from ? When? How does the team get paid? How have they been paid? What happens if Yidong leaves? . On May 18, 2012, at 5:31 AM, "Jeffrey Epstein" <[email protected]> wrote: not sure what you mean by security, . examples? ? On Fri, May 18, 2012 at 7:23 AM, Richard Merkin wrote: How are you? Where are you? I am to play in am .will see how I do .Am simultaneously at a healthcare conference ....multitasking! Re david sure ...need some security to protect downside .ideas? On May 17, 2012, at 9:25 PM, "Jeffrey" <[email protected]> wrote: > David stem? Do you want my help? Bill tennis ? Careful of your health > Sony for all the typos .Sent from my iPhone 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 Jeffrey Epstein 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 jeevacation®gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00935892 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 Jeffrey Epstein 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 EFTA00935893