EMAIL DETAILS
SUBJECT:
Recap from Yesterday
PRI: NORMAL
FROM:
J
jnevergole@africa-bd.com
DATE:
2015-11-10 23:58:40
MSG_ID:
<20151110165840.a4f5f63afbe3787828866c04a4ede40c.042100dd8f.wbe@email11.secureserver.net>
RECIPIENTS:
TO:
E
Eric Schwerin
<eschwerin@rosemontseneca.com>
H
Hunter Biden
<hbiden@rosemontseneca.com>
CC:
K
Mohamed Keita
<keita@africa-bd.com>
CONTENT:
TEXT: YES |
HTML: YES
PROCESSED
Hunter and Eric,Great seeing both of you yesterday. Below is a brief recap:1. As mentioned in order to allow us all to spend some more time working together and developing opportunities we feel a way to accomplish this is that ABD can work into it's 2016 budget to pay to Rosemont $15 k per month for 6 months. During this time we can focus on developing opportunities that will hopefully start to generate money to fund the ongoing relationship. We have several opportunities that we have already spent some significant time and money on developing that we can roll under the umbrella of this relationship now that may allow us to have some initial deals together. As mentioned we can then pay out 30% of the fees ABD receives on those deals. ABD will continue to fund the other development costs associated to these deals and lead the overall development efforts. While we already have it allocated in our budget to continue to fund these deals, as discussed we made the decision this week on the $15 k per month for 6 months so on our end we just need to wait on some revenues that are coming in during next year that will give us the ability to increase our budget. We estimate around end of the 1st quarter, assuming all goes well. In the meantime now we can sign agreements on the active deals mentioned that we can already roll under our relationship outlining fee sharing.2. In the interim as discussed there are some steps we can take that should not require an overly heavy lift but will help with some prep work and advancing the deals:A) Meet with the Ambassador of Cameroon in DC: discuss the equity carve on the port and getting land for the logistics park/tank farm. Have the Ambassador give this feedback to the President and a letter requesting a meeting. Mohamed and I will then meet the President/Government of Cameroon with the U.S. Ambassador in Cameroon to make the proposal and can deliver the same letter to set up our meeting with the PresidentB) Meet the Ambassador of Senegal in DC: Introduce the deals we are doing in Senegal (airport, hospital, and low cost airline). Have the Ambassador of Senegal give the feedback to the President. Ambassador can then coordinate a first meeting between the President, Mohamed and I. Then at a later date all of us can schedule a subsequent meeting with the President3. Attached is the presentation on the Nigeria hotel opportunity in the event it is of interest to your hotel developer contactsMohamed and I are excited about this and think once we all start spending more time working together we can do great things.Best,John
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