From: Joichi Ito Sent: Wednesday, July 9, 2014 9:51 PM To: Jeffrey Epstein Subject: Re: Things OK On Jul 10, 2014, at 06:49 , jeffrey E. <[email protected]> wrote: > use of funds, most importnat > On Wed, Jul 9, 2014 at 5:48 PM, Joichi Ito wrote: > I'll try to get his financial model. > On Jul 10, 2014, at 06:47 , jeffrey E. <[email protected]> wrote: > doesn't say what roylaty rate applys before 65k units > > > > > On Wed, Jul 9, 2014 at 5:46 PM, Joichi Ito < rote: > OK. Why don't I dig in a bit more. I have some concerns about the =njection molding manufacturing. I'm going to Shenzhen for 4 days to =ook at factories and meet people. I'm also concerned about the ramp up =f the team. If I kick the tires and it looks good, I'll let you know =nd maybe we should do more. Thanks. > > » - Joi > > > On Jul 10, 2014, at 06:44 , jeffrey E. <[email protected]> =rote: > > > > I like the space , we can do more if you want >> > >> > > > > On Wed, Jul 9, 2014 at 5:41 PM, Joichi Ito > » I'll be meeting with David soon to follow up. >> > > > Begin forwarded message: >> > > > » From: David Smith <d- > > » Subject: Re: Things > > » Date: July 8, 2014 at 05:39:56 +0900 > > » To: Joichi Ito > > » > > » Hi Joi, > > » > > » Lots happening. We should talk soon. > > » • I have the license from Lockheed (finally). 31 patents and =atent pending. Pretty good deal but not cheap. $0.5M in 30 days. $1.5M =n 200 days. Royalty rate is good - drops to 2% after 65k units. wrote: 1 EFTA_R1_01765414 EFTA02585725