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Eric,
It's very good.
We will start to draft a document and we will share as soon as possible with you.
Do you know who will be the counterpart?
the governmen or Kazakhstan National Fund?
Thanks and regards
Corrado


On 18/feb/2015, at 22:50, Eric Schwerin <eschwerin@rosemontseneca.com<mailto:eschwerin@rosemontseneca.com>> wrote:

Corrado-

We think this makes sense but in your draft we would look at the non-refundable deposit being a much smaller number - definitely no more than $5m. We think there will be an appetite for a large project but we should get them in at a small deposit initially. Go ahead and draft and we can give you any additional feedback once you send it to us.

Best,

Eric


Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
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On Feb 18, 2015, at 9:02 AM, Corrado Cusano <corrado.cusano@medtag.net<mailto:corrado.cusano@medtag.net>> wrote:

Dear Hunter and Eric,
we are working on an executive summary
with more details.
This document could be an annex of a first agreement with the people there.
Maybe the procedure could be:

1) we could sign an mou and another short contract where Medtag will be obliged to give them in a couple of months an executive project (after a deep discussion with them, infact we need to know where will be the facility, how big will be, the kind of research projects they will prefer).
2) at the signing of this agreement they will make a down payment non refondable to medtag (30mln? Maybe less. You know better than us the right figures. It's enough also a small payment 5?). And they will be engaged.

Please let me know your thoughts so we can work on this papers to be ready to go to Astana.

I'm available anytime to discuss on it.

Thanks and regards
Corrado