From: jeffrey E. <[email protected]> Sent: Saturday, August 16, 2014 5:37 PM To: Boris Nikolic Subject: Re: copy yes, this if for december On Sat, Aug 16, 2014 at 12:54 =M, Boris Nikolic > wrote: Not sure that it is worth=doing it. Not sure re tax implicati=ns. And I can't do it=right now as ResearchGate still did not start fundrising (they are working=on a major strategic move which might even more inflate the valuation).=/u> If I will face a problem =ith the agreement, I will face it with this as well.<=p> A major question is =80 how much is a piece of (my) mind worth"? I have been going crazy =E2 and through a prolonged torture. Please let's re-e=aluate it in a month. What do you think?=u> B From: jeffre= E. (mailto:[email protected] <mailto:[email protected]> ) EFTA_R1_01769112 EFTA02588234

Sent: Saturday, August 16, 2014 9:22 AM To: Boris Nikolic Subject: Re: copy ok, then lets assume 25 stock price for fmi, . 15 profit. minus 5 loan. .total. 10 plus research gate 26. . then if he gave you all the fmi stock, 25 million . forgave loan and=gaveyou 6 in cash, same deal and no more to worry, <=p> On Sat, Aug 16, 2014 at 12:06 PM, Boris Nikolic <=a href="mailto target="_blank" rote: <1=> RG investment was 10M at =44M post money. The next round will be 70=-800M Which roughly means 52M a= 750 Which is 26M my part <1=> <1=> <1=> From: jeffre= E. Imailto:[email protected] <mailto:[email protected]> Sent: Saturday, August 16, 2014 6:02 AM To: Boris Nikolic Subject: Re: copy what value do you think reseach gate will have in de=. . compared to price you bought in, what would your pro=it be. ? @d 50 %. I think we should exchange that profit= for all the fmi stock. . so you would have 25 million dolloars of fmi, a=d no further dealing.s On Sat Au 16 2014 at 12:57 AM, Boris Nikolic <=a href="mailto: target="_blank" wrote: 2 EFTA_R1_01769113 EFTA02588235

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