Replied: Mon, 29 Apr 2002 06:34:02 -0500 Replied: "alex ho" Return-Path: alexho@anabas.com Delivery-Date: Mon Apr 29 04:03:24 2002 Return-Path: Received: from round.uits.indiana.edu (round.uits.indiana.edu [129.79.1.72]) by grids.ucs.indiana.edu (8.10.2+Sun/8.10.2) with ESMTP id g3T93Mk10776 for ; Mon, 29 Apr 2002 04:03:23 -0500 (EST) Received: from scaup.prod.itd.earthlink.net (scaup.mail.pas.earthlink.net [207.217.120.49]) by round.uits.indiana.edu (8.12.1/8.12.1/IUPO) with ESMTP id g3T93S48016437 for ; Mon, 29 Apr 2002 04:03:29 -0500 (EST) Received: from user-119bqm3.biz.mindspring.com ([66.149.234.195] helo=alexoldlaptop) by scaup.prod.itd.earthlink.net with smtp (Exim 3.33 #2) id 17274C-0001ZK-00 for gcf@indiana.edu; Mon, 29 Apr 2002 02:03:28 -0700 Message-ID: <003901c1ef5c$5d2f5fa0$bc0a0a0a@alexoldlaptop> Reply-To: "alex ho" From: "alex ho" To: Subject: update Date: Mon, 29 Apr 2002 02:00:51 -0700 Organization: Anabas, Inc. MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----=_NextPart_000_0036_01C1EF21.B09E2D00" X-Priority: 3 X-MSMail-Priority: Normal X-Mailer: Microsoft Outlook Express 5.50.4133.2400 X-MimeOLE: Produced By Microsoft MimeOLE V5.50.4133.2400 Content-Length: 3353 This is a multi-part message in MIME format. ------=_NextPart_000_0036_01C1EF21.B09E2D00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable i have some good news. talked to enrico just now. he had a meeting with = alan a moment ago and alan had again agreed and believe doable in = prinicple to raise $1 million for anabas. i asked for a Letter of Intent = and enrico will try to get that for us. with that, i think we can = leverage to make it relatively easier to raise some more or to get = bridge loan. also, alan had already talked to korean online games = president and the president in principle agreed to online games training = and collaborative game community using anabas as well as korean engish = training.=20 also, perry responded to my distributor agreement without commenting the = advanced royalty language. that is good and bad news. good news is we = may get something from perry if we decided to, assuming he does not back = off (he could not back off completely now because he actually signed = delivery of anabas software to Bao-Fa) or change terms. bad implication = is that if we sign exclusive with perry, the investment plan will be = gone because alan also wants distribution rights in certain sectors. =20 the investment plan idea is companies will first invest in anabas U.S. = and 70% will go to the to-be established anabas china. ------=_NextPart_000_0036_01C1EF21.B09E2D00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
i have some good news. talked to enrico just now. he = had a=20 meeting with alan a moment ago and alan had again agreed and believe = doable in=20 prinicple to raise $1 million for anabas. i asked for a Letter of Intent = and=20 enrico will try to get that for us.  with that, i think we can = leverage to=20 make it relatively easier to raise some more or to get bridge=20 loan.  also, alan had already talked to korean online games = president and=20 the president in principle agreed to online games training and = collaborative=20 game community using anabas as well as korean engish training. =
 
also, perry responded to my distributor agreement=20 without commenting the advanced royalty language. that is good and = bad=20 news. good news is we may get something from perry if we decided to, = assuming he=20 does not back off (he could not back off completely now because he = actually=20 signed delivery of anabas software to Bao-Fa) or change terms. bad = implication=20 is that if we sign exclusive with perry, the investment plan will be=20 gone because alan also wants distribution rights in certain = sectors. =20
 
the investment plan idea is companies will = first invest=20 in anabas U.S. and 70% will go to the to-be established anabas=20 china.
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