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the Reporty deal was a $1.5MM investment total for not less than $25% of a Company with a pre-money valuation of $4.5MM. It included the issuance of Warrants to purchase additional preferred shares exercisable for 4 years after the initial closing, with one set of warrants exercisable for up to $1.5 MM a
re. The liquidation preference on the Reporty preferred shares was based on an interest rate of 8% per year, compounded annually. Quick summary of Levitection based on current docs: Pre-Money Valuation: $2,715,584 EFTA00822269 Securities Offered: Series A Preferred Stock convertible into common on a 1-f
the Reporty deal was a $1.5MM investment total for not less than $25% of a Company with a pit-money valuation of $4.5MM. It included the issuance of Warrants to purchase additional preferred shares exercisable for 4 years after the initial closing, with one set of warrants exercisable for up to $1.5 MM at
re. The liquidation preference on the Reporty preferred shares was based on an interest rate of 8% per year, compounded annually. Quick summary of Levitection based on current docs: Pre-Money Valuation: $2,715,584 Securities Offered: Series A Preferred Stock convertible into common on a 1-for-1 basis (sub
ow) ' were not exercised by the Ira estor). For the purposes of this Term Sheet, the term "Fully Diluted Basis" as used herein does not include the Warrants. Options out of the Options Pool shall be granted by the Company following the Initial Closing to those certain employees, consultants and/or direc
or Deferred Closing • Achieve reasonable acceptance for tasks 1-6 below. • Documented evaluation for acceptance of the tasks will be performed by Levitection experts The 6 tasks for evaluation: Si Topic I Design documentation Algorithms 3 Microwave 4 Pre-Processing 5 Pre-Processing 6 Signal P
Entities connected to both Warrants and Levitection

Jeffrey Epstein
PERSONDarren Indyke
PERSON
Ehud Barak
PERSONPre-Money Valuation
ORGANIZATIONGideon Levita
PERSONGordon Levita's
PERSONCashless
ORGANIZATIONthe Preferred Shares
ORGANIZATIONEB Board
ORGANIZATION