Replied: Sat, 24 Jun 2000 07:10:15 -0400 Replied: "alex ho" Return-Path: alexho@trainingsoft.com Return-Path: Delivered-To: fox@mailer.scri.fsu.edu Received: from proxy2.ba.best.com (proxy2.ba.best.com [206.184.139.14]) by mailer.csit.fsu.edu (Postfix) with ESMTP id 75B541CE73 for ; Sat, 24 Jun 2000 06:02:43 -0400 (EDT) Received: from e4231689 (ip093213.hkicable.com [203.83.93.213]) by proxy2.ba.best.com (8.9.3/8.9.2/best.out) with SMTP id DAA29300 for ; Sat, 24 Jun 2000 03:01:44 -0700 (PDT) Message-ID: <001101bfddc3$396a6b20$d55d53cb@e4231689> Reply-To: "alex ho" From: "alex ho" To: Subject: great progress Date: Sat, 24 Jun 2000 03:01:47 -0700 MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----=_NextPart_000_000E_01BFDD88.8925A660" X-Priority: 3 X-MSMail-Priority: Normal X-Mailer: Microsoft Outlook Express 4.72.2106.4 X-MimeOLE: Produced By Microsoft MimeOLE V4.72.2106.4 This is a multi-part message in MIME format. ------=_NextPart_000_000E_01BFDD88.8925A660 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable hi geoffrey, i am still in hk and will be back july 3rd. so far, i've accomplished = truly major progress which has advanced certain key areas in the busines = plan by 15+ months in my opinion. i've also created an environment in = which there's overwhelming interest from major Pan-Asia players who want = to invest in the company. i think i've created a situation which we can = be selective and have to turn away some investors in this round. i am = also planning to raise less in this round because we have enough = ammunition due to the progress i made in this trip to get higher = valuation in the next round which follows this round shortly after. =20 what i see as a major bottlenect at this juncture is good developers. = while i've found a bunch in shanghai do you know of some very good ones = who may be working for other companies now? we have a very promising and = attractive story to tell. how about in the UK? i'll update you more = later. i am going to beijing tomorrow morning and back to hk monday = late night. i don't think i'll have easy access to email while in = beijing. btw, the hollywood folks have sorted out some internal planning issues = and asked me to follow-up with them about our platform. i'll be meeting = with them after i head back. -alex ------=_NextPart_000_000E_01BFDD88.8925A660 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

hi geoffrey,

i am still in hk and will be back july 3rd. so = far, i've=20 accomplished truly major progress which has advanced certain key areas = in the=20 busines plan by 15+ months in my opinion. i've also created an = environment=20 in which there's overwhelming interest from major Pan-Asia players who = want to=20 invest in the company. i think i've created a situation which we = can be=20 selective and have to turn away some investors in this round. i am = also=20 planning to raise less in this round because we have enough ammunition = due to=20 the progress i made in this trip to get higher valuation in the next = round which=20 follows this round shortly after.

what i see as a major bottlenect at this juncture is = good=20 developers. while i've found a bunch in shanghai do you know of some = very good=20 ones who may be working for other companies now? we have a very = promising=20 and attractive story to tell. how about in the UK? i'll = update you=20 more later. i am going to beijing tomorrow morning and back to hk = monday=20 late night. i don't think i'll have easy access to email while in=20 beijing.

btw, the hollywood folks have sorted out some = internal=20 planning issues and asked me to follow-up with them about our = platform. =20 i'll be meeting with them after i head back.

-alex

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