Dear
Jeffrey,
I
understand that you need much more time to take your decision to market and
industrialize the fruit of our research.
As I explained you when we met in
Paris, I funded
my research works and I invested more than 18 millions
euros including 8 millions this year, and I would need 4 millions euros to
finish my developments and to be able to maintain my team of researchers;
So my
proposal is as follows:
I own three buildings in Foch area in Paris,
having a total surface of 1,780 square
meters, evaluated to an amount of 25 millions euros
that I am ready to put in guarantee
against a loan amounting to 4 millions euros, because this 4 millions euros
would resolve the situation and would let you all the necessary time to take
your decision to become a partner or not.
Very truly yours,
Armand Azoulay
+ 33 6 22 52 07
01
