EFTA00860122.txt

"Boris Nikolic wrote: FYI Please let me know what do you think. ... To: Boris Nikolic Subject: Re: FW: no,"

"From: Steve R. Ray Sent: Monday, April 6, 2015 9:50 PM To: Boris Nikolic"

"It is the property of JEE"

"Investor capital would be used to repay 90% of the loan from Gates."

"You, personally, would fund the remaining 10% of the cost outside the Fund. ... You would be out of pocket $400k up front, but most of Blue Talon and "

"Steve R. Ray ... Villeneuve Franklin & Hachigian. LLP"