EFTA Document EFTA01918819

To: Jeffrey Epstein[jeeyacation©gmail.com] From: Joichi Ito Sent: Wed 7/9/2014 9:46:43 PM Subject: Re: Things sianature.aSc OK. Why don't I dig in a bit more. I have some concerns about the injection molding manufacturing. I'm going to Shenzhen for 4 days to look at factories and meet people. I'm also concerned about the ramp up of the team. If I kick the tires and it looks good, I'll let you know and maybe we should do more. Thanks. - Joi On Jul 10, 2014, at 06:44 , jeffrey E. <[email protected]> wrote: > I like the space , we can do more if you want > • On Wed, Jul 9, 2014 at 5:41 PM, Joichi Ito wrote: > I'll be meeting with David soon to follow > • Begin forwarded message: >> From: David Smith " 1 ' '" » Subject: Re: Things » Date: July 8, 2014 at 05:39:56 +0900 >> To: Joichi Ito < t>. >> >> Hi Joi, » Lots happening. We should talk soon. >> - I have the license from Lockheed (finally). 31 patents and patent pending. Pretty good deal but not cheap. $0.5M in 30 days. S1.5M in 200 days. Royalty rate is good - drops to 2% after 65k units. >> - A NC investor group is interested in $5M. We told them $2514 pre. They pushed back and had us meet with Blake Krikorian who knows you. He loved the product and positioning so I think we can hold our line on valuation. Blake also asked for a convertible note like yours. Should know about the NC group soon. >> - Intel is looking at $1.5M convertible note. >> - Met with Google and they said they were interested in an acquisition. No idea what valuation they are going to consider. Any ideas? » - Working with Flextronics on manufacturing. Very interesting group. No problem in scaling. >> - Apple is interested in selling the device in their stores with an exclusive for the new iPad mini. October is a very big date with them. >> - Amazon is also interested and wants us to go to Seattle to meet their management. >> >> That said, we need to raise money quickly so I need to expand my search. Help here would be very valuable. >> » Best regards, >> » David EFTA_R1_00360331 EFTA01918819 > -- > please note > 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 > JEE > 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 Please use [email protected] for venture related email EFTA_R1_00360332 EFTA01918820