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Re: mvp_money post# 4629

Saturday, 08/31/2013 12:32:25 AM

Saturday, August 31, 2013 12:32:25 AM

Post# of 74759
I decided not to ask for shares at all, and it was very challenging to try to figure out what the right terms would be. What made the most sense to me was complicated, as you can probably guess, and what I proposed was that Warrants be issued to Adia and to its key employees (to the co-founders who built the probiotics business, but not to me). I also explained that the Warrants would be put into an escrow account, so that when exercised in the future the shares would be held by a third-party so that they could not just be dumped on the market and so that when sold the proceeds would be used properly, as intended and as required by applicable corporate law for the benefit of stakeholders equitably.

Your personal insults are what is over the top. Did you even read the original LOI ?? The way it was described in the press release was not very clear, and I think you are overreacting (and have always been overreacting) to the $1M stated "value" of the proposed transaction. That number was never as meaningful as you seem to think it was. I don't know exactly what your problem is, but please talk with Bill before you hurl any additional misinformation or insults here. Thanks.