EFTA Document EFTA01885249

To: Boris Nikolie From: Jeffrey Epstein Sent Thur 5/17/2012 10:03:05 PM Subject: Re: China this is dick merkin„ telling my fined that he is playing tennis with bill. . david is my china contact On Thu, May 17, 2012 at 11:59 PM, Boris Nikolic a wrote: What is this??? Who is David? Do not get it. B Sent from my Windows Phone From: Jeffrey Sent: Thursday, May 17, 2012 22:25 To: Boris Nikolic Subject: Fwd: China 99 Sony for all the typos .Sent from my iPhone Begin forwarded message: From: David Stem Date: May 17, 2012 3:30:40 PM EDT To: Jeffrey Epstein <jccvacatipnagmail.com> Subject: Fwd: China Please see below. I suggested a call with you. Weird Begin forwarded message: From: Richard Merkin Subject: RE: China Date: 17 May 2012 20:25:33 GMT+01 00 To: David, I am going to be in Palm Springs tomorrow running back and forth between two venues. One, a healthcare conference, which is Thursday, Friday, EFTA_R1_00300588 EFTA01885249 Saturday and a tennis event with Bill Gates Friday, Saturday, and Sunday, so I may be on the court in the afternoon. What I meant by structure would be either convertible preferred or a note with detachable warrants, etc., but most importantly what would secure the investment. I appreciate the benchmarks, but wouldn't each benchmark have to have a tangible worth for security purposes? And I still need clarification on source of revenue. Is there an agreement from a credible buyer to purchase once the benchmarks are met? Pm leaving in an hour for the conference and I should be back Tuesday, so either Wednesday or Thursday should be good. Begin forwarded message: From: Richard Merkin Subject: RE: China Date: 16 May 2012 00:16:20 GMT+01:00 To: " Can you send me a structure that will protect our down side. I will have our counsel, Mike Kelcy review it. He had questions about how do we monetize this, what happens after the expiration of the 5 year contractual period, how does AG capture the benefits of increased efficiency and PRC healthcare delivery system? I think I explained most of his concerns to him, but I wasn't able to specify what secures the $10M investment. Any help in clarification would be appreciated. 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 jgevacation@ gmail coin, and destroy this communication and all copies thereof, EFTA_R1_00300589 EFTA01885250 including all attachments. copyright -all rights reserved EFTA_R1_00300590 EFTA01885251