<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Sunday, February 28, 2016 3:06 PM</td></tr><tr><td>To:</td><td>George Church: Richard Kahn</td></tr></table>

spoke to luan, what I I suggested is that I thin= her valutation is high, but the market will tell. . so that t=e valuation should be determined by the second round . we put =n at 25 m val day one, if on next valuation needs to be =00 % highter or we recalculate the original

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