To: Jeffrey Epstein[jeevacation@gmail.com]
From: 
Sent: Sun 7/26/2009 4:02:17 PM
Subject: Memo for your F. Meeting

Met F. to continue concept discussion, then had dinner with her, ex-husband, daughters and other guests.

I made no promises and made it clear that I can not move one inch before your green light on any of this.

## F. Situation:

big mess, no focus, naive business wise, no infrastructure, swamped with requests and short term unmanageable assignments

## Mothers Army:

- good concept if all her activities are consolidated into MA

- needs clear focus and build up to generate scale

	- potential to leverage her network for MA growth but also other JEDS deals

## Requirements

- Small, efficient office with CEO covering all the IP management of F. and MA

- Potential CEO identified, to manage F. and report to me

- Solid legal DD to avoid legal battle over IP at later stage

- Funding depends on scale and final business case, but I want to keep it

reasonable to be able to test the model first

## Structure:

We start JEDS which funds and holds equity in MA. Please think about what stake would be appropriate in MA (1008 initial funding and full management should give JEDS considerable stake)

All the best
David

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