Re: I correct - please let me know today if you agree to me selling to david for 175,00 - it's what I think is best
yes„ he is chinese, and appears only interested in malting money for david, Your comments were perfect. and well stated.
I think David does not have a prayer to monetize the co. Or make it do anything. I don't think what I have seen can change the game field for people - only search engine optimization linked to corrections could in this day of twitter facebook etc - the business plan is a joke and I'd think it's better to cut out
See bellow e mail traffic and give me your views
Below from point a were my issues w/his shareholding agreement-
a) Page 1 - Edgarley LLC - my company is not incorporated under United Kingdom laws but US Laws
b) Page 2 - my ownership is 8.61% and will be further diluted if the
1,000,000 you put in is not enough - should probably only be for Net contributions not gross - OF THE MILLION HE WAS PUTTING IN 1/2 WAS GOING IN SALARY TO DAVID! ) Page 3 - Section 3.21 - since you have the right since you own more than 65% of shares to sell the company, issue more debt, mortgage assets, dissolve company without your say..I think before you do any of those things you should alert us and ask for our input - the language as is - you could sell the co. And we would even know about it
d) Page 4 - Section 5.5 - You must have more that 20% of shares to request an audit of company? I think if we want to look at the books we should be able to - there can't be a reason to not allow that
e) Page 6 - Section 6.5 - Drag Along Rights - if 65% of shareholders You only agree to sell then all shareholders must follow - not a big deal just want to be kept in the loop and language is a bit off
g) Page 11 - Section 15.2.2 - It is intention to establish ESOP plan? Please explain further your thoughts here?
h) want to understand our liability here is I Correct is sued for what ever reason what is our exposure?
-IM NERVOUS ABOUT BEING IN A BUSUNESS I HAVE NOT CONTROL OR SAY IN AND BEING SUED
- I know that we are all friends but I still like to really understand all things I sign today and be comfortable with it - it is a result of my history which has made me more anal than maybe always necessary. I realise that all of this may be a hindrance to you so am willing to sell my portion of the shares if you know someone who would be interested in partnering in this venture with you to find someone easier maybe to deal with ..
Let me know you thoughts
Have fim at the Cortina's
Gx
Ok -good advice - thank you - I shall agree to sell for that number Just landed london Gx
