<table><tr><th>From:</th><th>James Tagg &lt;-&gt;</th></tr><tr><td>Sent:</td><td>Monday, February 20, 2017 3:19 PM</td></tr><tr><td>To:</td><td>Jeffrey E.</td></tr><tr><td>Subject:</td><td>Re:</td></tr></table>

Jan 7th we pitched to Horizons Ventures said they 'yes' to both the Institute and the start-up, and that they would like to move straight away. However, since they said yes in Jan they have not yet managed to make it to England to meet Roger Penrose. They are working on finding a date.

For Penrose Institute, I asked them for $800,000 feasibility, $10m start-up and then $100m. Same envelope that Allen Institute got. Then we would go for NIH NSF Templeton etc. and then they might fund further in the same way as Paul Allen.

For Cengine we asked for E5m and indicated that we wanted around E1.5m to get started straight away.

At the time we talked with Horizons did not have the consciousness probe idea worked out but that would be another similar start-up. The institute generates a lot of practical ideas for companies.

Other sources for the Institute.

Mani Bhaumik (meeting late March and a big fan of Roger Penrose)

Jacobs Family (meeting their CTO today for social event)

Have also pitched via a friend to Baidu.

I have a longer list of people who are being warmed up.

On Venture Capital side for Cengine I would do a seed round with Angels and raise E1.5m first raise. Because Horizons said yes, I have not pushed this forward as fast as I should, but I will meet the English angels that funded Truphone next week and the following week.

(No particular reason why one is in E and the other $ other than most of the Angel investors I know are UK based.)

James Tagg

From: "jeffrey E." <jeevacation@gmail.com>
Date: Monday, 20 February 2017 at 03:24
To: James Tagg <█████████████████>
Subject: Re:

how is the funding coming? sources amounts? etc

On Mon, Feb 20, 2017 at 5:13 AM, James Tagg <████████████ <mailto:████████████> > wrote:

We are making progress on the Penrose Institute and have now found a person to lead the physics side. In the meantime, the first demonstration of brain tissue preserving entangled photons was demonstrated by a team in New York, not a proof of any quantum effects in the brain but an important enabler. Hope all is well with you.

James Tagg

From: "jeffrey E." <jeevacation@gmail.com <mailto:jeevacation@gmail.com>>

Date: Friday, 28 October 2016 at 01:47

To: James Tagg <blackened out><mailto
Subject: <no subject>

thanks for coming. sorry it was so short. what is your travel schedule. . I thought you might have noticed that betsy is emblematic of why i dont allow wives or girlfreinds to attend ,

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