Re: eGenesis next steps

Hi Jeffrey,

After meeting with George today I am following up with you to clarify next steps to finalize the $5M convertible note as a seed fund for eGenesis.

We are very hopeful this can be executed quickly and our main issue is to achieve clarity whether this is possible prior to the JPM investor conference next week. We are holding multiple VCs at bay and have maintained them as a plan B but cannot defer a decision.

I am happy to follow up with you or Darren in any way which you feel will help get to a decision.

Thanks and best regards,

Geoff MacKay
Interim CEO eGenesis Inc.

Sent from my iPhone

no problem . I ve asked my team to attempt to justify the high valuation. I can focus on this on friday, anytime that is convenient for you . tomorrow i m traveling

Jeffrey,
Would anytime today after 2:30 work for a quick call?

Geoff

today/?

Hi Jeffrey,
Yes, please call anytime or propose a time for me to call you.
781 264-6276

Geoff

Sent from my iPhone

Jeffrey,

Here are the three series A valuation scenarios ($25M, $50M, $75M) mapped out.

Also exit pathways. Note that series A venture firms often want to buy out existing note holders and may even pay premium but we cannot commit to this as a certainty in terms of exit at series A so please factor that into your assessment.

Regards,

Geoff

geoff , roi makes little sense how many =ollars