From: Jeffrey Epstein <jeevacation®gmail.com>

From: Jeffrey Epstein <jeevacation®gmail.com> To: David Stern Subject: Re: Fw: AG China Date: Wed, 19 Jun 2013 18:12:55 +0000 tell him 7, for 20 , but you expect his help in growing it On Wed, Jun 19, 2013 at 2:01 PM, < > wrote: Original Message----- From: Richard Merkin Date: Wed, 19 Jun 2013 10:44:48 To: 'David Sted< Subject: RE: AG China How about 5M for 20%? Would that work for you? Original Message----- From: David Stern [mailto: Sent: Tuesday, June 18, 2013 1:11 PM To: Richard Merkin Subject: Re: AG China I Dear Dick, Were you able to consider my reply yesterday? Is this something that may work for you? I would be delighted to come to LA to see you which would - as always - be a true joy, with the added bonus of getting exposed to US sports and some California sun (while we have rain storms in Europe....) ! All the best David On 17 Jun 2013, at 17:29, Richard Merkin wrote: > David, > I remember last time you thought I may be requiring too much for the investment. I don't have at my fingertips what you thought was too much. I know you currently have 100% of the company, what do you suggest would be an appropriate equity stake that you think I would feel would be fair and appropriate for me to invest? If this is something agreeable, I would be happy to meet and discuss further. Maybe another Lakers game? Or even a Dodgers game. > Original Message----- > From: David Stern [mailto: > Sent: Monday, June 17, 2013 9:18 AM > To: Richard Merkin > Subject: Re: AG China > Apologies for the late reply, I just returned from China. EFTA00963231 > Main progress is that the product is finalised ("Health Insurance Information Processing and Analytics System"). > It has been approved by the central government and we are on the way of becoming national standard for payment processing based on our data standardization engine. > We will have our first government contract with Chengdu by latest November this year. > Next year we expect to be in minimum additional 5 cities. > I have several interesting term sheets for what is now a minor investment (US$ 5 million) as this allows us to complete the full Center we are building in Chengdu. > So far we spent US$ 8m with approx US$ 4m still in cash in the company. > Your involvement in any way of form would still be an honour ! > On 11 Jun 2013, at 18:26, Richard Merkin wrote: >> Good to hear from you, how are things going? Interested to hear about the progress you've been making. >> Original Message >> From: David Stern [mailto: >> Sent: Tuesday, June 11, 2013 3:37 AM >> To: Richard Merkin >> Subject: Re: AG China >> Dear Dick, >> I hope this mail finds you well and I am sure you have nice sunshine in California than we have here in miserable London.... >> >> Just wanted to catch up and see how you are? >> Our business in China is moving forward very well and we are finalising the products for end of year launch. >> >> As ever, I do hope we can do something together in the not too distant future. >> Always an honour to listen to your advice and guidance. » All the best, >> David >» The information contained in this communication is EFTA00963232 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 EFTA00963233