Replied: Sat, 17 Apr 1999 07:15:46 -0400 Replied: "Tadeusz F. van Wollen" Received: from pop01.globecomm.net (pop01.globecomm.net [206.253.129.185]) by postoffice.npac.syr.edu (8.9.3/8.9.3) with ESMTP id TAA20073 for ; Fri, 16 Apr 1999 19:33:47 -0400 (EDT) Received: from office (a2a01577.bcnet.bconnected.net [209.53.14.139]) by pop01.globecomm.net (8.9.0/8.8.0) with SMTP id TAA22238 for ; Fri, 16 Apr 1999 19:32:56 -0400 (EDT) Message-ID: <001701be885f$c8747aa0$0100a8c0@office.bconnected.net> From: "Tadeusz F. van Wollen" To: "Geoffrey Fox" Subject: Trannslet Date: Fri, 16 Apr 1999 16:20:53 -0700 MIME-Version: 1.0 X-Priority: 3 X-MSMail-Priority: Normal X-Mailer: Microsoft Outlook Express 4.72.3110.1 X-MimeOLE: Produced By Microsoft MimeOLE V4.72.3110.3 Content-Type: multipart/alternative; boundary="----=_NextPart_000_0014_01BE8825.19903040" Content-Length: 2998 This is a multi-part message in MIME format. ------=_NextPart_000_0014_01BE8825.19903040 Content-Type: text/plain; charset="windows-1250" Content-Transfer-Encoding: quoted-printable I am obligated to report back to you on the progress in our further = discussions with Wojtek regarding Translet's financing. As I mentioned = before at your office, we still need to define my participation in the = company to start working on the bus/marketing plan and the financing. In = other words, I would like to become a shareholder of Translet at this = stage and then start working full time to net the first $1 million from = investors at large. Wojtek may need your advice to arrive at a reasonable value of Translet = at this stage, before I join in. I propose to buy in to Translet = investing cash and my time (work + know how). At least three months = would be needed to ready Translet for the first round of financing to be = completed within the time frame suggested by you. Needles to say, the = sooner we reach an understanding the better for all of us. Best regards, Tadeusz van Wollen =20 ------=_NextPart_000_0014_01BE8825.19903040 Content-Type: text/html; charset="windows-1250" Content-Transfer-Encoding: quoted-printable

I am obligated to = report back to=20 you on the progress in our further discussions with Wojtek regarding = Translet's=20 financing. As I mentioned before at your office, we still need to define = my=20 participation in the company to start working on the bus/marketing plan = and the=20 financing. In other words, I would like to become a shareholder of = Translet at=20 this stage and then start working full time to net the first $1 million = from=20 investors at large.

Wojtek may need your advice to = arrive at a=20 reasonable value of Translet at this stage, before I join in. I propose = to buy=20 in to Translet investing cash and my time (work + know how). At least = three=20 months would be needed to ready Translet for the first round of = financing to be=20 completed within the time frame suggested by you. Needles to say, the = sooner we=20 reach an understanding the better for all of us.

Best regards,

Tadeusz van Wollen

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