EFTA Document EFTA02021847

To: jeevacationepgmail.conteevacationetgmail.com]; Jeffrey Epsteinbeevacation©gmail.com] From: David Stem Sent Sat 10/13/2012 1:01:34 PM Subject Re: and what equity do they get? I% for every $1 m? On 13 Oct 2012, at 14:00, Jeffrey Epstein wrote: tell them 29, but only on a callable basis, . and then only call 5 On Sat, Oct 13, 2012 at 2:47 PM, David Stern wrote: I am flying to Abu Dhabi tomorrow. We are discussing $29m investment into Asia Gateway for 20%. No comment from them yet on the % they want, I expect they want more. My issue: I still have $6m. We are ahead of plan. We will probably reach revenue stage in July 2013. To be able to reach revenue and grow quickly in 2013 I need additional $5m, but not $29m. Maybe I can do big pre-IPO round next next year once I proof revenue model ? I can not really tell AD I only need $5m.....? 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 jtevacatioila umail.COm and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00527840 EFTA02021847