1,11111-ala„rem
`
`~
`
`DO DOTS (B)
`
`By,bt May t b. &h sibht±a tBD,h had 0110ryao,red and tB uec,ule4eam uasvrnous.v®drns wae.staBato call more f:1, aUy abouttheu biB, but Medaam and to 50111¢depaztmLwasdeadedly bgbt mm 15111/151 Wyk¢ewdwould Meat weep at BA to£wtiu my S
`ma ¢15011[Mb
`S
`t
`gw JohnSkevbag the Mag1Pueltre of Stmbesg'PmhuePiB Wale 111115¢15 lead w1v115fte 501¢1Bsaved Mk 11.,
`We hlkedwit 111,x011 atalmtre caplati ad DDv6[511.1 Bt oft1Bfivm some large late 1031 fiords Bk h10ls Weixt Pmtasa.Goldman Sachs PsicaB EquM MalywOe alas.611m,1m we uas 0les[ing tthetme. They badsemlhe LPOwmdowdvse avdyf*e
`YvetulntlBtt"were lath hBdog txplltBt baggage.Errlyiwdydmdedmot a'Yvti1-IMse¢"sppmaahmt UlDtt1 WIt iyaavgbtbetvremaraakmdahlttplace aflx GTase H&Q; baeLE wtofthe 11W 15111 at to last 11±111115
`Som May1M,11at1 std to➢0➢0, teamwmkedarnaritcilg Staelbug ,lead DIDW'bIllIB- MIBIW klealblt Storelbl1t111allIemme fund 111[11sett[quickly ad indepeodlltly 8tambeg w1. also fly rspeble0f dM111111111¢W±1I stdhada W goodtlttimabtp 1110 Heidi Roizm 0f
`t
`1mm11mu 1 11,111111-Ite DlD,tsteam III[ goodablm Ns 11115„s5lPw1hltltW 111 was cmtodm10]atbe 1111011 11111115 11 t 01¢,1115
`SIOb11kwh,aat WDIDIBBondifdlecmrs.SBkB&gwaz c1111W1s If KIWI SKI SWII1±d HWdat SchoolIIBmi,ee, 11415¢au1b1dstmxlk.tlE
`ace De c~itlal
`
`Shwbesg rvu awalyata lead ±alto[ He hadjoatapeledaaw tnd,Sta®bag 44mae l91mea1LttH all pltilgtobe$31M Thad ,he IlBW ly1±111 ha0ete1a$Stlmake a±sgle$20M iaeslm®110 aaway, espa±aly silty tts w1. po[sdWlygomg B Btt futt Wtt11t of
`Halt
`111new fiord. 51111503 vs,slyfvllvwed"alasg±leadimxsmrs,h.0 Ill 5115Kleine Ptkiw1101-£h1.tsmsathaosavl00atrd0wy 11$1-214chwbI10rd0m 1115.5[& holdings vfhis
`ltfwd.
`Nmateka M.tav, w1.. tM about getlg wylead 11th rinte ties¢. regau1 1,111111115 tosmoke a Ian 5501. Be view. going froSOatagw0elead 00111 leasthw ideal Ibarecacwsidaivgthe aitatiw thec®pwy w1.Wit seawdB Medsam wdte ham B 11111 afiategy wino
`fawlxa.Plus the NASDAQ badtebw-dedt 11113500 modmwythl Ighttt wouldmuSmlem sae.(II F1Wb55) Leadilga lewdwould be somewkl 1111111 Stamberg atdbaitgblt 101¢1omya fee! 111110/11/1 o1, 110-2614 toutsam a0mew5t wasul. But, 55¢16x3was thaxredo
`wghehpmbabd
`11151511!0 tSe 11115¢5 std 1111 111W emm5mem wax t0 ocu153M 111111110 at a $13514 pre tarcy 1zf#ioa Owe Stambesg 111mmtlt&mttntl fxuaed a closing the 1.11010 the lattwl weeks. 0¢0011 to p11113 11th ivw MMtwI badlhe±11¢1[00 m 1101.1 by M5t15th dw t0 t€ teprlritg of ualmtt
`gitmto Wester¢iech¢obgy 1¢lottmmts(WHO) 1115
`It equipment 11,11011W
`Mry 15,1111101151115,[11[thy fora tomreasons-Fes5it0WlayGoleta 0e 015 DIDIOstyout If 11111101 They pl,bably w,-mlme brew lb e mmaket€Sum1 paytolt, fl
`aab1'11115051e1a5otltpswltlmdols, 110it
`Bdbacebadbfmtel eatmifellpayablea-Th!€nm-Whalebe1011€dl
`€1101 5110111111110 m a 11 of Ample KB D,Dns 11a11151-HIe- Fmtamme till 111,001115111111±5 101111 by WH 1±111111 III] b p¢sslbtl 510511 m all 1511151411111511 same 11111111111 Ott p,tmIll 4±11511 Ntdm¢t lam ppo!tutity IIDID-h 111 wt BIll S 0111113 M May 1511,1,50111%,f tht
`romPmry woddlre gnwt W1I.Medmvo 1111[[¢watStottetg uhltows:
`
`t the coop y ad &aef could III be ma-11aphuh.. Dada fete 1115,[ candliom 10c,tars were m 111311
`'Imxnax 0111 to 1111 11,x1 to claw a deu. Whm fe mated ss teal ecmpebtial 0111 eta imxsburs 501±&1 the ±11115.x. C&ta ly, ➢11111 cast coeds uwld Il ly be wed ago
`„IlP€
`twdeals'thy all.5,11 th smsome 1011 mr®®dice had11h at! . lye Moy I5 wz[rmd[¢pacing w1. malt,61i[gore DoD1s ±date by w14r5511111B0,81111111510±,11ww15t AM1101¢ SIBbwkowned 13 oflhe1105115 and 00111]5.5lz 0e ]uga[0ra11s 0151 SailH1
`to pink 1010011±, Id ewlw a 5oflba0ks 11551st tsrehmz wee now in the "10151151" 511 had 10111th¢ pot €k±l0fuaxala511115101111 slt.0ptt01110 to Sail B."
`
`01151111 111111±1 fnwdingtelmald Kaiut:ahLrtieaxdthta It an€ppmhmitym ouch ±lag tltllyay Itt EepIle 111 elm bx¢tatluced by 505-DIDIO IttI11 ¢11111111115±35-11511311115±15 thlplE till evlymazkethttmlU audthefllitllltotmuchpmibvxptasa tl1l1O51 wd1¢sxamr 1[1[11!
`
`d51'1x¢Mny 11tty to them off d11.dShmbag 1115eo®p11}rs AdOiamy HoadtM giveh®5.41100 chases of®m®sfttkiv to 11x11 oft"beefed-
`➢11115 trmmds0fel0a[ Sltbagat101110031511€omewhm o£. faausbivsaswgao gw151y 11Goae t, dal -As fuM.a 0cwti11t 1551 11,
`
`up"Adrisa package. D1u addalslack 3111 made only to 5511513 the clos1101145155515 a 15th ,¢1151¢15511513'1 fimdw eHcfr1011 reduce to 11513¢puce 1tlhermmd11a$]11111 pre money ratwtiw. Mall
`
` 51111513 had g1a and was wiflivgt help DIIB11151101 1111111 path 0lweae
`more thwhappy mcompelsaze 5±551111? Thit gam helpedsetw 5hmber3ll tldre15t, illesmaem doming m earmsdylalt4e market 1±1111 hnveg mre1,3II It IS],. 1¢1151¢ emit illeatmem. B aLsoappear,d to 31[5±110¢11±11, 15305110ct€€Ii0« wltfe companv, and fact 5±1111 rtmpleelgfe deal.
`
`1511111May7Mefaln1tss awakened by Staeabetg w this cell pbwea15A21I ±time at1101tfere uO11mli01¢1ood¢exn. Wlw 11111$xg1udfghdmd MSt t.Hetdd MedrmOft ,BB to taHlff,Ltmited Puma±(LPs)(ie.10,x1111) 5± 11is01a1, SYambtg VefePmmas H, bad backed cutof flit
`m11a1 ranmitmm5 m 1,105±1 511111
`
`Stambag Vmlu€ Patel, 1101, wtque 11111[ it nos both mall (51011) sd 513515 d®lgmpluclLY twceolatd. Moll 05511 LPa was €1Mta„ofl ®plltees,1150 bad 11111111100t11110 In 5011¢1,11 tm1k114 angel va,tmellx o 001, slag€ 11111011105 lompwies-11,01 wee 101 the 105111 LPs It large 4C
`ttltal o p1nall.51.110.
`Prl4t1111 SapBla&K]®a Pattlll Most lttb€se Stye VC 50I11ti H1e 0 t11t1elmt1g Ott mfi' ofteitmw€y DIII ItKtWItIt0h1tly shb]e 10100101€ Ilk. 11vem®[1wdsw5wtratsity md,wme11s. These types of LPs wneualally0eryw,D 011&IBalz¢di¢1e1.1e511101105,f tllt
`1I1h111thy apots30x3lo5.1e10m11,111e111er. OntSt etabald,most of Stambag'a LPswasa0Sv5vgthemajoatyoftheirlm-el al'lpm
`hclmologyrvmpalttt ft ±11111! oft6equukald setaeda015v10totah1ll15y±IlBl0011111e551 LPshadsematage c1±110k Ifaheu1¢1x114 ecaporahz.could
`II lagso01 tt muchu teyb0plavval0 his 1.-11111111ord.
`
`D IIIBII 8w10agat mw ovlY 11511111111$1014, Si he 101154t Me4rwo01t his 0vdmldvm lead wlh 1$3141,155011[. Mehmmo [Salta ^Shenbeg was hopovg to flare 11-111 1£0!11¢111114 5[5±155 15 111 1mmcdl lety workal15th S1.15 1¢1,11 tls sibt.hl"Medrm 1W 511 1,
`[mdy11salwaw€1101 ROimxv'lltl±hwtip 11±01am110 Sdte DoDILI louldmgtvmwas alsokeyto
`, 1, ehlmtla$2Mlead 1111101.311; ut10w0mla 1m0 b 05151€ 01111. 1-vc1m wm
`o whI
`3±111111-Sire 11/51111115 l€ y1Iind Eeumpany 11111,0155511515 alsmbalft®Sts
`11101(1±11111±11,
`1115 af'0m t '^±" 5185111[5 Rota®ilputicoLl, wt. 1ery committsdto closivgthiscalal.
`Medan 0x15¢1 mee5 11511 mmplaete deal. 55 uas rarefitl cot t0 alatmplte¢tlll101estasby fl1uog m 0e 5[011¢3 task issue- AmislIp here mr1.m that DIDoh 111115111, to take 11 expeesnre 51431111, mote±5, 0 at 11111'11mplesxiII, wmldjIB 5111¢30¢ 13115 a. 1111111 the ask,[ H,a10g the
`Slott H. Tlw team 11,0 0i4551111[10110[,,mtab¢ adcamage of to 555111 by"1[15¢1-wddimeilg"111111[1 waw±ous1t1W II delayitg fe cash tmbsiovua leglb±tiollnll Efft1i,Iy fatIKg the 1,11001101 May154te 11wpwroonedu11tp5llEWtym 5411,1110,1Itdthe aaattc€psirmg old 11
`Ippotmlyh get W lll -ll w1h1 green o®p®y lt a tmpamlilyrldnwdpsice.
`
`d1
`
`comp.tho 11151 Bclmdogy actor seemed to mneme ¢let 1111 01111W &It 10,0315.0±11 d naa cot the rigba time S h ll om fat 1* 51111¢ 5±10010
`DlDlB was 100 Gerdy alt of 001 11±,11' self mod fe to®war 1.111a1 Kmm ±151011111111±15 [11¢1[11®t S IhI um tea - week. Hal vea3 from t
`IepUiate lams 0 cillatim, bm instead to that w raim.g csh—aled- Possibly sassing 1St; w May 1115 Staevbes55.gbt 11 t0a1te1alw5a f0 $IZSM-1411[11, Sat tht DIDwate® had m 111115, mod 11111me come tat 1111[1451¢ with E,1. new vabutiwu „mpll.to 11th,! 51.6111. a. p011e 1lmp11±u
`'Ihcyq1.11k15
`1t thenew 1ztu1±€.a11h0dtelrteam of111111151111101515 BMa
`t,I.by]±m Fullolwhohad waked 0115tommpanyswee i6 i1ceptiol,111118 to 001111111.
`
`the fiat
`12II1f111mte 1,11,®1 paeparatiw P1S111 McOza®tlmoed 11 wohd,selyoot EW1w May15thw1.IspS.tyhxticbllawe 111-11,111 1 -111 01 110111[ 11501113 allp015e. ±00115551110051,11 each and 1115 10sma555 lly1t4 01tt,o11og.0511651± Staenble and So0b,*wan€.
`oftlf€lmauwandfe apptavd pta€1at1tlyt1,¢became al4compte.Kla0011emwe dwhlhem is stole leeway mod usually 111101 day 111001, lkecae of dll0olamatequkmgaipyabueotwve 11111{rg 5,1D10101. 511,13 didmthavefu lmwy. Fildiagfegmerupmmemmstg11tth documem, d.At.0
`nth ft 1Atl11h ±It 511111111 11 111.ISSxr0g malty, 1111 oeglh€bogh,Wteda IfpapIl I11lga15111111111 m 1111,. shpt 1610151111 is much more ecwptilatedtao ¢bung a 1!1311 inlHmw a Sala 511114-
`
`5111* "closing" the [awl by May 15 wazthe x1111 plot ofhm5vg 0111151111IS0- Llwa10g0I5111 m $12514 std gi,mg 5tmb11g 14d1i011! '151,111 ales" 11-111 11110! ways to c1BPmmS fate 4ectma5011hemtk11 uas 4111aing t0 sllltltty sl011ed 1€cbwlogy 01115111¢1 mdlc11tlmtket tola5515
`1t51151111 101110.Iterc 1- Delay Ile teams' maba weglal wart, make sore 1tm DlElIS 51010111 make to lwe 11141111 SB I¢Mey I5 5111,111. SIae16e1g K1vm, affi the,msper,51-1terns If lanyat sport ltgbthlutl i1€o1famte-cala 101-11111 t 0e tompleatams1ffe 01-lte-h.
`
`Mon afahew11t1.bas0ldaywae dtactlyr,Iatllothe nghB andpltttftl of the Series B 5.111±11101,101 111015±15 co®olaitmasllatolhpetm,rtrns, 111111111 difiattterehung$ts framt,seofte5eriu Awlertma. KB realty fmahuutm diffawt lolndoflatto.ate 00,011W
`at at iltitllbat. 110151lk bad paid tl 111[x51 stare toll/3 of the £ampwy m t1A,wd—ltey was far 111 aaay felatgert 1[115111. Mahe 11011011011 SWISItg ass efiecmely buyilg ablut2% oft6e wmpwy 111$25.5 wdwaspayt p±Iatt Eft per stare.. Itoixa ald Sofltwktad also at oUDd to 01,111
`Eet1 pto,1111 stem, m 1151 cue they 01111141¢012 of IS, 115th 1-111111®1!1 coda to 111,51¢ their 0aw1111.p 50€115511,,1 wppm10e c®p11y. (O8W potm5l new mlamts 0111111±11114 away fi®m i11utm®[ opIlIMnlly if 111®1 .11111111 11 able S I wwillmg, II maxst 1111 matt 0111510500
`10±111. 11101€ 1511 5o1bmkbad1lll1alad 114111,001 dallms Dom 0 Sod t 11551-1[ 0e company 111161111¢1,111ldsoff thio%) So faserampie if 55¢1613 mom tl ±mall $214 Soflbavkwodd m1mmt$IM-
`
`0.21 Ws 1115010 S1aEag 1111 tm tf tl "Psi ¢115110" Hod te51101±0 and 5100ege111111101115h11 111111111114 11011 11 bet 511111015/ Sma H 010011113 110141 hat Bte PIwa t IImpelt ma11140 15.,11,,.,attl p&150131,f oaambp. 11511101111; thla appears lvmpldely flu,
`500e005.il1s11l1e1of0e 5en€s Aavd515116 10111111
`111 31,1111115 a131eddwlothe tiff
`tfr0eltbry- pay III 15,101& Fmext11plt 151WM.11,1£00015 a@et5lambxg's1¢11101e¢t amWdslNrnahuge psuftmyo@balk, butps€1t51511105ugwltllass. Sleobmgwatedll Wl11sure5ehadas
`11101011/13111 u passible 11 adata pr1tehht®se1111¢11 511 aysa11ym1em nit SOfHIIdItmelests.141 0 1111 11111,
`
`itecomPw)•s lIlltt1111l1lll1I11 was 11101111 10 111 0111 11 5tllAbwkhlra1ete1alasgeplul per 15111110111 lma. Pro, bog Stwaba8lt51111-+alli1L011-14 allow him to eff a0Iy 11,151111101150001 51318¢ ilattausla0atwu 511¢61±11 fm to rmaitog 98% If/HI llmPwy N€woWd
`to So1ey wdmwey tell 515. mod, ax made 1111111
`50 .511 B 1[[110 a 101ofsalu1 fat hwf U t 101151.101151±101,0 mod to Series A isxl0s dEt tl5n301wawu dupmpa5wte 1151 11€111, ,p. Thin 1011 wasnt fail fr,holds oft% of fe 101(5005.131[. wlhe eta hsd, DIDIb a..
`to aam1BIX1.aesllry m Set tht Honey i00e door."
`
`and genrethetat
`501111m001a15h
`So ahaalong dey 1011515, Ill11mmeetivg wiE all of t¢pasuu'at1111151 01111110051€,, 13114mod$2148®55mbag,ilaguotlhe $114 G®5.,15115, uas kansfm.101heom}wymM1y15. fag
`1111011 ±11100111111 11115[1 could meet[ Wy11ll.pao b 1111111, andh. Sore 11111.1 101151 1,15fIlo feomlwzstms 0110110515m'0m tae51.111.Ro, it alt appm.Oat 56e115no0gym1hd1115h[11e1Srnaingoloty, ell1though ec®u1emod Ivt®et 1111® [mod Matlsog 51011100500111,1011
`II 1015101 then gtlok demise.
`
`001 1110111. who was 10111111 111511±111 1011111 urohedlosltytlltm.dam 0.rllg al If 151 rawp051t h.ateWla 115wt He 1111.1¢0[14 "15th 1111 the belt mashlwdlag I1Iams1101,1 tSatare has'. 10111111&101 11-0e1011111'015¢1011 set, lets 50 gm 0e1e1_ -. . o± less 15.1101-1 mallet-"
`
`AS. 11I11g Et1 mmt lnullmmt 0555/503 m41oftba105 ref 11551 made w 1.1111111111-45 [5¢11[1¢ compmy Dow Apg01,DIO,h' t1 mpkyII014 Du11laofHR &Oplahas,111111,,
`
`a m151e of 1®510115110I0®oel0w±t 0,1151,5¢¢1 sad rally0g 111 loW 11,1014115±0 111111511 keyhuq key 011,,1101-1111W and big imeslme111 the whole III±I1pwy knew the ivtaoe! make[ ht uha1 105041 11115 dWvY wdlslm±401 ho0-1,tt15101uetI
`"the fwd01
`y115a510mae ®5±h10G ARk1ew Etl➢oDots 011€ old rmliog maey a. Ely 1,114 see ±111113 1(1 mod Sao Iee1y11hac"
`
`Iv110 trcteases iv taltmlw 1111, 101111- 1511 midst lftoll m±ke[
`±11,14 hem we11 o1L evxyb,dy [mod w atlas 11111^ mod M€Mm, wort through±11111151511 brief IMails 1f the 1015110011- 111 11115. 1015115tH 15105±14 5111010±045 wl that .11111b14111 1115100 o 15e comp®Y had 511011111 weft€
`1,1111. Apgar c,®ems. "Ihe Ka-belt 1,¢d Metlr110 [blip 11511 ffie 1111101101 1t1115 the ¢1511!¢ 1£11115 raatllt 11th mtylhl,ked ela}=lldy fa 111,1151110 they III 1111 and cold to CItlOa1Y 0e. deptlatl 31015®the amfitlm1ef0l Dl➢o1,llW Pelllgfllded wduas 1111-g 11,11±11001 tt111t14t11! malkel'
`
`OIiawIy, $314±151111akm vaaal d totgh A few tombs ether IluDot had plated 10 raise $6514 mod had bu,d WIt 01[[11 growth plat w 01±113 a Sage chat af0aley (111 Eohib53), t l,io€ Aped mod May, f, focus Imdqutckly atged m 11t1t14 any twxam±to Soothe 11111 at 1,w valuauonald
`gtMW malghmlle510t6e deed men pmat Nlw,ahe oampmotademKgt cowry mlm0emaktsele 11dlo atlg aboad lags 10cmmrems 6om Saga VC fads. MeawbdeD1D.5 load almost 51011. 1± 11,51,01
`0.211 ti1 meallllo h.1 the d1sina o£tl11,11 B 10111 wit 0510513114±115115 11110515wa1 really cot a Ne "clr.-±." U6d14.055. 003011 p,1, Chase and 51Rbw1:aroWdhmc.11,151±111W lhaze 11510511111110010W 0.2,0 Chase bcked 1111 oft[tldlaldm 15,11, 4111105' strrtefy-hId
`t adapt 00110910[¢1511 111101/015aket
`010155.001 10110 "£11111' uas really 1111110010 115.1 1±100 whir0 was 110 50 11±11±11 111-110 0111110
`if 5[111513 Vmm1e Patters mod Slflbwk, mttmg $314. UVSh [he Series A tllclamts, ukeu➢IDa6 fe! 15e,ame,f the cI¢@unY (111111 rNmapec[,111, 11.tkt)11th imeasi¢g 1111115 14115011 101115
`±15111110 daum®h waswnnelt, 1llow10esawtlsadte1¢0901001 Sotmm.tatly afterGW11lg 1ItfeS0l1S0oSmem 1100SOm5agad1105.15,temabageamttea at l5±udmwak Mthota11100,0110rat±¢taemwey. 51511mk1±.,®±1111to mreativg10pro- Ill. .Ilo*11ulce00w.133%
` 150111±Il0h m 0e mmpa0y 111111111111 1up011ll11
`1£[111111111111111 ±151111151111111014 01-111101111 11-11010111050 211,11151-111101111111.101 Ore,f 5411110115111111111 011111 111.111111x101 mmh mercy u 51101111 w 0111 t 1110111511111±1111151101501-1! llelol and to SofOmkpl BI1I.p at
`tlIugblmte Summa012006.Hs111515e115 rslabh1hIItM,lnsedl!radouesmr t
`to SlSesB made) lllltr DODlNm a[hlttlmtlotsetars az t, jmtlylf0e fimwala-dlegatdw tlltgmcemdvegata1mwualteadyclmplae.1111.1
`01111,me 51005131W 101111xmMlesserkmwlfim45mat,
`ateclm8 m1re llsbhshed 1,,d ltga 11,01151111 0111111150;11 lryech¢Iogy DoIttl1H4mSo6, come awt,H. 515011 01111,5
`
`'DIcummtolMtaslsurea 15015 let,I1tkmavw 11001551sh0ityf1clmeslm1tId13 5031 010 015 51011wsshll-bm110£mdm11ha11ea4 i,,x11[11se1Ipncelvdthelam0111115150 rm0at0a £Ia-er1aatnpby-thla131It Ee5111w1Wdfmillyjampa°
`
`Ime 501010 114 111111, 111,111 Cwcemtiw1 moth (lase 0 ,1Sls 5011e penodll 10110110 Nlrvtbt Hl It1 mom!¢ 11¢11 tumefable 51±511,111111101111bottl a*t time m 11-Wilt 05111. 0111151 Wafer haw Chase III the Managi-g Patina 11te11mbae eapiTW lam, w,1 s5lt¢t11ened m 111-11110
`111041111- hadch,swao 1111 tomagege 1¢111 feyclddll11110 u 1111,1 Sta111ra8. wet, muchmofe 611¢110151 ofaf app<mal Imcesses,1¢111, aas 111 51101 between lh®avd Uw D,Do, t111.I111e111 111111[1 a.,dUm money mod 1111 Day ±111111.. 10th111[3±1 sehuovsllll 101 mt,1.11yftalage
`er
`i
`11like 111. mod a pf®1m161111111111m1 11
`
`
`
`
`
`
`tIe 5±11±[tke I Chase 11111!1 11.141±1015!, ± 110 111-Pe1 days 1150 Staeobags lead 01015011, Chasmlah4$3M011 Walk 11111 a seal wth ervmp1151101l1HD1a10a 11s 111 brovgbt 0madthhllal El1 5 Got 50101111
`
`113111111111-1131113111111111-
`
`±101 dSoIlbwk 11511,0 and 1sea0aabte10110! ofmwey mthe 510514 Wmof 1sNwmarg smnll ilwetors ate hai psniouily ¢1111151[1¢151111 was feu 01101! II ±1,001111 tItlIblIg 1111111,11. Nlmaocs A1±15e151amrs hI5511.1, 11-ch wit tffi 11±lpmy 111 11,1
`Now, 1111511115511
`pll II1I3 6mwO1-0111111 the 111111CPO 1'Chlalmm and a 5oflbavk Sl01p1mem-O-R1s±IIIIILam14DOIid Kim. 011101111111115111-,1511111±,, &omw5mteywaeadelgmdl,tu 1551101 bgIE1. K® 01191.1 $1514, and along came SIfd tell, $7501
`
`Meeting plch1vgand111, gmc6w±llt mall 0c-11[111 waatime 11101-b1-g mod evagy iw111111HowecaMetes, mod 1St 11101 wwi14u much 115 as possible 11510111 wmlug hard 11,11001111111111.-5w011mmvsly,at1111111m511111m2114001 11 early 1113fa0the company lye 1111115
`rum 1111. a E200K 0¢051111 £® MassVmhues.
`441±0110105 0111.011111111111110±111.1 Silicon 1051y55 15151 Takwg 1.31150111110
`SloSh .total mmmlmlem,bm 11e511*ptvedttmestdlll±Ew Domthemawgalmttelm
`
`1111510513,11151111111111111101100501111.01 111155' PR f11 fad estate firm mod hw firm 1,U mttrihuffi 11,11110111111011111111100 1011115.0±11111111501 h,IpM Nlmtt the SeSev B round std 1111114
`
`Meww6le, 0101,10110:1¢ team 0111 sill p1160g 111¢1¢ of loge VC £1101 .1 4 "1 It1gi1" 111511111 kaxahal 510151 Ike 11111111 and AOL all 15110¢ co—y Fi 115, two 100, rmh0e lolts c®itt. 511111111011111 Series H. Plaff V1hves pat in 550051 and 141101 Lyob 5011 Fgwty 1111¢111
`$lM. Rat 14,11±5'1 orxslmem acme a rela5lnship w,f mo-tlms al lfpreolout 1,¢11111[ bake, 11±155111011 eare0ely 111.1011111 taking tertlollgy 111 11111±1 cemP+li11 public 111 fe 5111141/3 mwfs. T111 pti,ate 15/lily 1,xtws 1100 50,1111111110104015 St 110151 ¢11110 ream m Hemy Blodgett, w
`Mane[watyst, who had6xnme fam,w fm 01e51:tivgt 1ini5l svo:11110Amamn Bbdgetfs 10111111111111, 11-0110111111110151011110111105 61/1011/ the I1.tatli110stmwt5111111 0999 01.1111. 111113101551®511±¢15. 11.10v10 helped 14115115,01[1¢1 baduvg 5111111-Blodgett 11¢[150 the 1111115
`111x15 wuealBM atom 0e 5clmnllgy mdpbdg. his support f0 [¢1111511,05110¢ tO window la0pmrd mlo w1. paxisely the tpp, if rebtialh±pDlDoh w1.111510g Etc 1011,0 oft¢ primary n±sow lh,y 11f101150011050 80011 B tvumr.
`
`0111111111 [,leas. 161 total 11110156¢ 111111 t 01151 114 elha 1,1 the pot
`Mall
`ptotlucmgdm 44131.11 11000111,, mdwmkl¢gthluug5sales 55 1115111!, 11cmtlgatralegiea-
`
`tit 111101011 1511 51 empty lad cahUld. 101,11 mow 11101y void-A^g`h. Dl11Od mtagemmt had be®ate 1115 the tote 51,11,11 511/0/03,11 VC Gads ham 1011111101115 11 1100 1101 CI y, 11115,01141
`
`Essm50115 Me Gam 0e 1¢116¢11 mod much of IhI 111111[1 mawg10ew tram bad b® 15¢11113 auywh0e !® 21150% of the¢ Gore 1±111111¢551 111101111111111110th 51111. M.[av0 mod George K10he1 sport nil. greats 510¢111311 if 0eu Gore 11111.01 11tmding 55 ±11111113130051005
`meeting. "Managing 011101 If 101111111 doting tv 1-165[111 £51111011 elhemelytime [1111111,1080!1" Kmbe111114-Medrw1r11lLL5
`
`"Flmdmvivg 1s 6111-wtiv5. 1e00e.105I mom c011wfly w 101. mad, 11110 1111 11 Dace 01x5031 a day 511 015111 Sptmg 55 5011W this 111. fill mwfs 0fhy0g [o squeeze blood from a [115 011 10504 ±1 111015 and That 1.w ow E1501115 Howeea l[ tmk away from o-[1'
`11031.. 11.1. 1101061 c0115100?
`
`' mPmSm
`
`1510111111 team mow fu-11±113.011 compely remllwd mgaw-15111i1w dep00t1m06eadswae 111113111101111001(10011151103) 111±1 s cmtou. m 11311 111 0 11x1 ad 5111[11 urell 5501105±1 ofmAriu aftx 011 bell 5100111lavlch (see E 1111/116 & 5) 141110 lgt110154 11l51/l. 111111 (00
`P111110107)0100111111501101,1(11 Elhwlogy mmpmtec Cumpa56 alhe Nl1d1B up11ialty "DotCIllo. arethd t0 else up strop. By 010150 111011 mM,lthlt a Ill of 1s 11001000 had gwe 011 ofbusous,twat viable to pay m lcense DlD0111101l1. The mNlils by wWcb DODlh moat measur10g the
` 6PR:11011 oompkltlyrecma.
`100111,1,0c1nom11 tloleas.dm1awaod011,,1115 10,11 01111 cot 1101101±1¢ 0.05111111 to Plofipbtltry. The indus1ywuus0 slawH111HlOIo 11,1±11,11501± bet 1111111110! 01011 alt
`
`By 011 Sore 1110011 had g01111 toms 1011 people, mo0105111-rte n1 alylowhwg$2M P11111-mh.MIIe im1mb1115,,Dlbm'telmoe,muted 11a5w1t31311151103 off ho ttedatmautofaht IIOPIIII customs be. DIDo0 had 101mded II follbwdilH±Ut10gte Pm0111 aadaakivg manly 00
`11115€15111111010e01111111111±5,101am00(1ee Exhibit2)£11999 sad15 2000, w51lce0ewe HII1010.0for➢o1Cams ald mw Da➢ub 1113acwtomas were 101101110 111155±1 seat.115e431,111m1e10..5t5t0etmo10te te0h1ol13y1d 51111110,4.e1.,0111110 appemlitubetaa5itoflm0ble.
`
`011015 mom also 3013 to hate111111 htghll m[1,h soon the 011,11±111 1101 bad made auo£t6aplgallas 111.0010013110110 Savory 11111011®11 but 0110IllS1,115t1 11mp115 11e000551to.111011of9955eat0l0-4.50110115 the dolt tat DODO, hod 0111. hat Llghtawe andthe
`150i5051111110 cog from Uffl,uat add 15111$101K plc mvmt iv lavuary 1£101DlDol, Had 51,1111 EiMfiom Lightvus0 C0pr,loa51111.blt wbvrdivand live, wit to il®tia 101 Gv11®g temmry10±rvughte V2Kp111o0 51111.0155101 o5hee11ll1th0rte Sties B WI delayed l6e company uas
`11,011101 11111', 0e 11111 1.111115
` beck. cot 1£151 £111011.111101, but 115151111 waappllazhta.g and tnxlueawme mtdeeelopm311511¢114Medrw11±0. ,
`
`"Due thlgl6at 11110616a,e 35'11 m a 511th Of010gs m Dome w1.0th the 1,'61111 we met moll a Febsuay axle atom a set of um audselmw p0ojxk0ts belle 0, Iamb Ofatuprodvet. Still k akin axwwt bwk to those same or'.1,a 10 illy lad Aug0Iitll5 sere dilapplored o lwalvs.t rlrxwe
`1101110(100005,110151) By S1ft106er t€ p1111111011 x5111 mtm5W tat10aslly 1181110101¢ 1151t tedlwnmtk11 std Im l'0111154511 1100111W 1111010011.¢431011.".
`
`51-1eof16e11mp115+a 10 1011 11111111 0 1 111,1 1..1 anddis5ibutilg IA11001hdmdvgylilyl llhlt
`gelloatal 1111110 1111111 F6a50, 11111110iued dl 1111111 hgls
`
`oloojmi05 ofvetcu1la1ers1111dmag 11175511/15 whethad seepedanumb¢[ofc1usl~me1 who11111airedaboutthem11.p1v}a15ec6nalvgy but totechvolvgywasnv[1111byfeu1111®mmwayathat
`
`By I115, the Dl111leamvl5IMlbm 1€11151111,1111111-5eed dutrtbulia¢an11d¢It11mx 15111111/1 ill0thw mod 11110111 101111 w 1 eahmm5apll& Dley 6,11111101510 a 0wltgy 11amgoduh 11 mdm m make W 1111514111100 11th,! 1011010.11011111111 Ole lfHlllI w101lechIKmgy tice¢v1g
`dll1llIh ADC.11m Sm14101111, 511115 4Raf0n fiveenvg 01111111 "Om t pllatlg 11111 1111115 day and wgll Em.math m make ABC Sappy -0.4 fag(4 111!111111.1114 pm m±the 01±5. 5140 .15 0¢5511 hat sge ilvegatiatiIll and we 5/05/111 [111111. P110,151551 m11.I11ao1iIol d1HIt the 115111
`teuweblle was a0dwha[ it wlWd d1, £[111111, "
`
`DODOTS0029003
`
`
`
`~
`
`DO DOTS (B)
`
`By,bt May t b. &h sibht±a tBD,h had 0110ryao,red and tB uec,ule4eam uasvrnous.v®drns wae.staBato call more f:1, aUy abouttheu biB, but Medaam and to 50111¢depaztmLwasdeadedly bgbt mm 15111/151 Wyk¢ewdwould Meat weep at BA to£wtiu my S
`ma ¢15011[Mb
`S
`t
`gw JohnSkevbag the Mag1Pueltre of Stmbesg'PmhuePiB Wale 111115¢15 lead w1v115fte 501¢1Bsaved Mk 11.,
`We hlkedwit 111,x011 atalmtre caplati ad DDv6[511.1 Bt oft1Bfivm some large late 1031 fiords Bk h10ls Weixt Pmtasa.Goldman Sachs PsicaB EquM MalywOe alas.611m,1m we uas 0les[ing tthetme. They badsemlhe LPOwmdowdvse avdyf*e
`YvetulntlBtt"were lath hBdog txplltBt baggage.Errlyiwdydmdedmot a'Yvti1-IMse¢"sppmaahmt UlDtt1 WIt iyaavgbtbetvremaraakmdahlttplace aflx GTase H&Q; baeLE wtofthe 11W 15111 at to last 11±111115
`Som May1M,11at1 std to➢0➢0, teamwmkedarnaritcilg Staelbug ,lead DIDW'bIllIB- MIBIW klealblt Storelbl1t111allIemme fund 111[11sett[quickly ad indepeodlltly 8tambeg w1. also fly rspeble0f dM111111111¢W±1I stdhada W goodtlttimabtp 1110 Heidi Roizm 0f
`t
`1mm11mu 1 11,111111-Ite DlD,tsteam III[ goodablm Ns 11115„s5lPw1hltltW 111 was cmtodm10]atbe 1111011 11111115 11 t 01¢,1115
`SIOb11kwh,aat WDIDIBBondifdlecmrs.SBkB&gwaz c1111W1s If KIWI SKI SWII1±d HWdat SchoolIIBmi,ee, 11415¢au1b1dstmxlk.tlE
`ace De c~itlal
`
`Shwbesg rvu awalyata lead ±alto[ He hadjoatapeledaaw tnd,Sta®bag 44mae l91mea1LttH all pltilgtobe$31M Thad ,he IlBW ly1±111 ha0ete1a$Stlmake a±sgle$20M iaeslm®110 aaway, espa±aly silty tts w1. po[sdWlygomg B Btt futt Wtt11t of
`Halt
`111new fiord. 51111503 vs,slyfvllvwed"alasg±leadimxsmrs,h.0 Ill 5115Kleine Ptkiw1101-£h1.tsmsathaosavl00atrd0wy 11$1-214chwbI10rd0m 1115.5[& holdings vfhis
`ltfwd.
`Nmateka M.tav, w1.. tM about getlg wylead 11th rinte ties¢. regau1 1,111111115 tosmoke a Ian 5501. Be view. going froSOatagw0elead 00111 leasthw ideal Ibarecacwsidaivgthe aitatiw thec®pwy w1.Wit seawdB Medsam wdte ham B 11111 afiategy wino
`fawlxa.Plus the NASDAQ badtebw-dedt 11113500 modmwythl Ighttt wouldmuSmlem sae.(II F1Wb55) Leadilga lewdwould be somewkl 1111111 Stamberg atdbaitgblt 101¢1omya fee! 111110/11/1 o1, 110-2614 toutsam a0mew5t wasul. But, 55¢16x3was thaxredo
`wghehpmbabd
`11151511!0 tSe 11115¢5 std 1111 111W emm5mem wax t0 ocu153M 111111110 at a $13514 pre tarcy 1zf#ioa Owe Stambesg 111mmtlt&mttntl fxuaed a closing the 1.11010 the lattwl weeks. 0¢0011 to p11113 11th ivw MMtwI badlhe±11¢1[00 m 1101.1 by M5t15th dw t0 t€ teprlritg of ualmtt
`gitmto Wester¢iech¢obgy 1¢lottmmts(WHO) 1115
`It equipment 11,11011W
`Mry 15,1111101151115,[11[thy fora tomreasons-Fes5it0WlayGoleta 0e 015 DIDIOstyout If 11111101 They pl,bably w,-mlme brew lb e mmaket€Sum1 paytolt, fl
`aab1'11115051e1a5otltpswltlmdols, 110it
`Bdbacebadbfmtel eatmifellpayablea-Th!€nm-Whalebe1011€dl
`€1101 5110111111110 m a 11 of Ample KB D,Dns 11a11151-HIe- Fmtamme till 111,001115111111±5 101111 by WH 1±111111 III] b p¢sslbtl 510511 m all 1511151411111511 same 11111111111 Ott p,tmIll 4±11511 Ntdm¢t lam ppo!tutity IIDID-h 111 wt BIll S 0111113 M May 1511,1,50111%,f tht
`romPmry woddlre gnwt W1I.Medmvo 1111[[¢watStottetg uhltows:
`
`t the coop y ad &aef could III be ma-11aphuh.. Dada fete 1115,[ candliom 10c,tars were m 111311
`'Imxnax 0111 to 1111 11,x1 to claw a deu. Whm fe mated ss teal ecmpebtial 0111 eta imxsburs 501±&1 the ±11115.x. C&ta ly, ➢11111 cast coeds uwld Il ly be wed ago
`„IlP€
`twdeals'thy all.5,11 th smsome 1011 mr®®dice had11h at! . lye Moy I5 wz[rmd[¢pacing w1. malt,61i[gore DoD1s ±date by w14r5511111B0,81111111510±,11ww15t AM1101¢ SIBbwkowned 13 oflhe1105115 and 00111]5.5lz 0e ]uga[0ra11s 0151 SailH1
`to pink 1010011±, Id ewlw a 5oflba0ks 11551st tsrehmz wee now in the "10151151" 511 had 10111th¢ pot €k±l0fuaxala511115101111 slt.0ptt01110 to Sail B."
`
`01151111 111111±1 fnwdingtelmald Kaiut:ahLrtieaxdthta It an€ppmhmitym ouch ±lag tltllyay Itt EepIle 111 elm bx¢tatluced by 505-DIDIO IttI11 ¢11111111115±35-11511311115±15 thlplE till evlymazkethttmlU audthefllitllltotmuchpmibvxptasa tl1l1O51 wd1¢sxamr 1[1[11!
`
`d51'1x¢Mny 11tty to them off d11.dShmbag 1115eo®p11}rs AdOiamy HoadtM giveh®5.41100 chases of®m®sfttkiv to 11x11 oft"beefed-
`➢11115 trmmds0fel0a[ Sltbagat101110031511€omewhm o£. faausbivsaswgao gw151y 11Goae t, dal -As fuM.a 0cwti11t 1551 11,
`
`up"Adrisa package. D1u addalslack 3111 made only to 5511513 the clos1101145155515 a 15th ,¢1151¢15511513'1 fimdw eHcfr1011 reduce to 11513¢puce 1tlhermmd11a$]11111 pre money ratwtiw. Mall
`
` 51111513 had g1a and was wiflivgt help DIIB11151101 1111111 path 0lweae
`more thwhappy mcompelsaze 5±551111? Thit gam helpedsetw 5hmber3ll tldre15t, illesmaem doming m earmsdylalt4e market 1±1111 hnveg mre1,3II It IS],. 1¢1151¢ emit illeatmem. B aLsoappear,d to 31[5±110¢11±11, 15305110ct€€Ii0« wltfe companv, and fact 5±1111 rtmpleelgfe deal.
`
`1511111May7Mefaln1tss awakened by Staeabetg w this cell pbwea15A21I ±time at1101tfere uO11mli01¢1ood¢exn. Wlw 11111$xg1udfghdmd MSt t.Hetdd MedrmOft ,BB to taHlff,Ltmited Puma±(LPs)(ie.10,x1111) 5± 11is01a1, SYambtg VefePmmas H, bad backed cutof flit
`m11a1 ranmitmm5 m 1,105±1 511111
`
`Stambag Vmlu€ Patel, 1101, wtque 11111[ it nos both mall (51011) sd 513515 d®lgmpluclLY twceolatd. Moll 05511 LPa was €1Mta„ofl ®plltees,1150 bad 11111111100t11110 In 5011¢1,11 tm1k114 angel va,tmellx o 001, slag€ 11111011105 lompwies-11,01 wee 101 the 105111 LPs It large 4C
`ttltal o p1nall.51.110.
`Prl4t1111 SapBla&K]®a Pattlll Most lttb€se Stye VC 50I11ti H1e 0 t11t1elmt1g Ott mfi' ofteitmw€y DIII ItKtWItIt0h1tly shb]e 10100101€ Ilk. 11vem®[1wdsw5wtratsity md,wme11s. These types of LPs wneualally0eryw,D 011&IBalz¢di¢1e1.1e511101105,f tllt
`1I1h111thy apots30x3lo5.1e10m11,111e111er. OntSt etabald,most of Stambag'a LPswasa0Sv5vgthemajoatyoftheirlm-el al'lpm
`hclmologyrvmpalttt ft ±11111! oft6equukald setaeda015v10totah1ll15y±IlBl0011111e551 LPshadsematage c1±110k Ifaheu1¢1x114 ecaporahz.could
`II lagso01 tt muchu teyb0plavval0 his 1.-11111111ord.
`
`D IIIBII 8w10agat mw ovlY 11511111111$1014, Si he 101154t Me4rwo01t his 0vdmldvm lead wlh 1$3141,155011[. Mehmmo [Salta ^Shenbeg was hopovg to flare 11-111 1£0!11¢111114 5[5±155 15 111 1mmcdl lety workal15th S1.15 1¢1,11 tls sibt.hl"Medrm 1W 511 1,
`[mdy11salwaw€1101 ROimxv'lltl±hwtip 11±01am110 Sdte DoDILI louldmgtvmwas alsokeyto
`, 1, ehlmtla$2Mlead 1111101.311; ut10w0mla 1m0 b 05151€ 01111. 1-vc1m wm
`o whI
`3±111111-Sire 11/51111115 l€ y1Iind Eeumpany 11111,0155511515 alsmbalft®Sts
`11101(1±11111±11,
`1115 af'0m t '^±" 5185111[5 Rota®ilputicoLl, wt. 1ery committsdto closivgthiscalal.
`Medan 0x15¢1 mee5 11511 mmplaete deal. 55 uas rarefitl cot t0 alatmplte¢tlll101estasby fl1uog m 0e 5[011¢3 task issue- AmislIp here mr1.m that DIDoh 111115111, to take 11 expeesnre 51431111, mote±5, 0 at 11111'11mplesxiII, wmldjIB 5111¢30¢ 13115 a. 1111111 the ask,[ H,a10g the
`Slott H. Tlw team 11,0 0i4551111[10110[,,mtab¢ adcamage of to 555111 by"1[15¢1-wddimeilg"111111[1 waw±ous1t1W II delayitg fe cash tmbsiovua leglb±tiollnll Efft1i,Iy fatIKg the 1,11001101 May154te 11wpwroonedu11tp5llEWtym 5411,1110,1Itdthe aaattc€psirmg old 11
`Ippotmlyh get W lll -ll w1h1 green o®p®y lt a tmpamlilyrldnwdpsice.
`
`d1
`
`comp.tho 11151 Bclmdogy actor seemed to mneme ¢let 1111 01111W &It 10,0315.0±11 d naa cot the rigba time S h ll om fat 1* 51111¢ 5±10010
`DlDlB was 100 Gerdy alt of 001 11±,11' self mod fe to®war 1.111a1 Kmm ±151011111111±15 [11¢1[11®t S IhI um tea - week. Hal vea3 from t
`IepUiate lams 0 cillatim, bm instead to that w raim.g csh—aled- Possibly sassing 1St; w May 1115 Staevbes55.gbt 11 t0a1te1alw5a f0 $IZSM-1411[11, Sat tht DIDwate® had m 111115, mod 11111me come tat 1111[1451¢ with E,1. new vabutiwu „mpll.to 11th,! 51.6111. a. p011e 1lmp11±u
`'Ihcyq1.11k15
`1t thenew 1ztu1±€.a11h0dtelrteam of111111151111101515 BMa
`t,I.by]±m Fullolwhohad waked 0115tommpanyswee i6 i1ceptiol,111118 to 001111111.
`
`the fiat
`12II1f111mte 1,11,®1 paeparatiw P1S111 McOza®tlmoed 11 wohd,selyoot EW1w May15thw1.IspS.tyhxticbllawe 111-11,111 1 -111 01 110111[ 11501113 allp015e. ±00115551110051,11 each and 1115 10sma555 lly1t4 01tt,o11og.0511651± Staenble and So0b,*wan€.
`oftlf€lmauwandfe apptavd pta€1at1tlyt1,¢became al4compte.Kla0011emwe dwhlhem is stole leeway mod usually 111101 day 111001, lkecae of dll0olamatequkmgaipyabueotwve 11111{rg 5,1D10101. 511,13 didmthavefu lmwy. Fildiagfegmerupmmemmstg11tth documem, d.At.0
`nth ft 1Atl11h ±It 511111111 11 111.ISSxr0g malty, 1111 oeglh€bogh,Wteda IfpapIl I11lga15111111111 m 1111,. shpt 1610151111 is much more ecwptilatedtao ¢bung a 1!1311 inlHmw a Sala 511114-
`
`5111* "closing" the [awl by May 15 wazthe x1111 plot ofhm5vg 0111151111IS0- Llwa10g0I5111 m $12514 std gi,mg 5tmb11g 14d1i011! '151,111 ales" 11-111 11110! ways to c1BPmmS fate 4ectma5011hemtk11 uas 4111aing t0 sllltltty sl011ed 1€cbwlogy 01115111¢1 mdlc11tlmtket tola5515
`1t51151111 101110.Iterc 1- Delay Ile teams' maba weglal wart, make sore 1tm DlElIS 51010111 make to lwe 11141111 SB I¢Mey I5 5111,111. SIae16e1g K1vm, affi the,msper,51-1terns If lanyat sport ltgbthlutl i1€o1famte-cala 101-11111 t 0e tompleatams1ffe 01-lte-h.
`
`Mon afahew11t1.bas0ldaywae dtactlyr,Iatllothe nghB andpltttftl of the Series B 5.111±11101,101 111015±15 co®olaitmasllatolhpetm,rtrns, 111111111 difiattterehung$ts framt,seofte5eriu Awlertma. KB realty fmahuutm diffawt lolndoflatto.ate 00,011W
`at at iltitllbat. 110151lk bad paid tl 111[x51 stare toll/3 of the £ampwy m t1A,wd—ltey was far 111 aaay felatgert 1[115111. Mahe 11011011011 SWISItg ass efiecmely buyilg ablut2% oft6e wmpwy 111$25.5 wdwaspayt p±Iatt Eft per stare.. Itoixa ald Sofltwktad also at oUDd to 01,111
`Eet1 pto,1111 stem, m 1151 cue they 01111141¢012 of IS, 115th 1-111111®1!1 coda to 111,51¢ their 0aw1111.p 50€115511,,1 wppm10e c®p11y. (O8W potm5l new mlamts 0111111±11114 away fi®m i11utm®[ opIlIMnlly if 111®1 .11111111 11 able S I wwillmg, II maxst 1111 matt 0111510500
`10±111. 11101€ 1511 5o1bmkbad1lll1alad 114111,001 dallms Dom 0 Sod t 11551-1[ 0e company 111161111¢1,111ldsoff thio%) So faserampie if 55¢1613 mom tl ±mall $214 Soflbavkwodd m1mmt$IM-
`
`0.21 Ws 1115010 S1aEag 1111 tm tf tl "Psi ¢115110" Hod te51101±0 and 5100ege111111101115h11 111111111114 11011 11 bet 511111015/ Sma H 010011113 110141 hat Bte PIwa t IImpelt ma11140 15.,11,,.,attl p&150131,f oaambp. 11511101111; thla appears lvmpldely flu,
`500e005.il1s11l1e1of0e 5en€s Aavd515116 10111111
`111 31,1111115 a131eddwlothe tiff
`tfr0eltbry- pay III 15,101& Fmext11plt 151WM.11,1£00015 a@et5lambxg's1¢11101e¢t amWdslNrnahuge psuftmyo@balk, butps€1t51511105ugwltllass. Sleobmgwatedll Wl11sure5ehadas
`11101011/13111 u passible 11 adata pr1tehht®se1111¢11 511 aysa11ym1em nit SOfHIIdItmelests.141 0 1111 11111,
`
`itecomPw)•s lIlltt1111l1lll1I11 was 11101111 10 111 0111 11 5tllAbwkhlra1ete1alasgeplul per 15111110111 lma. Pro, bog Stwaba8lt51111-+alli1L011-14 allow him to eff a0Iy 11,151111101150001 51318¢ ilattausla0atwu 511¢61±11 fm to rmaitog 98% If/HI llmPwy N€woWd
`to So1ey wdmwey tell 515. mod, ax made 1111111
`50 .511 B 1[[110 a 101ofsalu1 fat hwf U t 101151.101151±101,0 mod to Series A isxl0s dEt tl5n301wawu dupmpa5wte 1151 11€111, ,p. Thin 1011 wasnt fail fr,holds oft% of fe 101(5005.131[. wlhe eta hsd, DIDIb a..
`to aam1BIX1.aesllry m Set tht Honey i00e door."
`
`and genrethetat
`501111m001a15h
`So ahaalong dey 1011515, Ill11mmeetivg wiE all of t¢pasuu'at1111151 01111110051€,, 13114mod$2148®55mbag,ilaguotlhe $114 G®5.,15115, uas kansfm.101heom}wymM1y15. fag
`1111011 ±11100111111 11115[1 could meet[ Wy11ll.pao b 1111111, andh. Sore 11111.1 101151 1,15fIlo feomlwzstms 0110110515m'0m tae51.111.Ro, it alt appm.Oat 56e115no0gym1hd1115h[11e1Srnaingoloty, ell1though ec®u1emod Ivt®et 1111® [mod Matlsog 51011100500111,1011
`II 1015101 then gtlok demise.
`
`001 1110111. who was 10111111 111511±111 1011111 urohedlosltytlltm.dam 0.rllg al If 151 rawp051t h.ateWla 115wt He 1111.1¢0[14 "15th 1111 the belt mashlwdlag I1Iams1101,1 tSatare has'. 10111111&101 11-0e1011111'015¢1011 set, lets 50 gm 0e1e1_ -. . o± less 15.1101-1 mallet-"
`
`AS. 11I11g Et1 mmt lnullmmt 0555/503 m41oftba105 ref 11551 made w 1.1111111111-45 [5¢11[1¢ compmy Dow Apg01,DIO,h' t1 mpkyII014 Du11laofHR &Oplahas,111111,,
`
`a m151e of 1®510115110I0®oel0w±t 0,1151,5¢¢1 sad rally0g 111 loW 11,1014115±0 111111511 keyhuq key 011,,1101-1111W and big imeslme111 the whole III±I1pwy knew the ivtaoe! make[ ht uha1 105041 11115 dWvY wdlslm±401 ho0-1,tt15101uetI
`"the fwd01
`y115a510mae ®5±h10G ARk1ew Etl➢oDots 011€ old rmliog maey a. Ely 1,114 see ±111113 1(1 mod Sao Iee1y11hac"
`
`Iv110 trcteases iv taltmlw 1111, 101111- 1511 midst lftoll m±ke[
`±11,14 hem we11 o1L evxyb,dy [mod w atlas 11111^ mod M€Mm, wort through±11111151511 brief IMails 1f the 1015110011- 111 11115. 1015115tH 15105±14 5111010±045 wl that .11111b14111 1115100 o 15e comp®Y had 511011111 weft€
`1,1111. Apgar c,®ems. "Ihe Ka-belt 1,¢d Metlr110 [blip 11511 ffie 1111101101 1t1115 the ¢1511!¢ 1£11115 raatllt 11th mtylhl,ked ela}=lldy fa 111,1151110 they III 1111 and cold to CItlOa1Y 0e. deptlatl 31015®the amfitlm1ef0l Dl➢o1,llW Pelllgfllded wduas 1111-g 11,11±11001 tt111t14t11! malkel'
`
`OIiawIy, $314±151111akm vaaal d totgh A few tombs ether IluDot had plated 10 raise $6514 mod had bu,d WIt 01[[11 growth plat w 01±113 a Sage chat af0aley (111 Eohib53), t l,io€ Aped mod May, f, focus Imdqutckly atged m 11t1t14 any twxam±to Soothe 11111 at 1,w valuauonald
`gtMW malghmlle510t6e deed men pmat Nlw,ahe oampmotademKgt cowry mlm0emaktsele 11dlo atlg aboad lags 10cmmrems 6om Saga VC fads. MeawbdeD1D.5 load almost 51011. 1± 11,51,01
`0.211 ti1 meallllo h.1 the d1sina o£tl11,11 B 10111 wit 0510513114±115115 11110515wa1 really cot a Ne "clr.-±." U6d14.055. 003011 p,1, Chase and 51Rbw1:aroWdhmc.11,151±111W lhaze 11510511111110010W 0.2,0 Chase bcked 1111 oft[tldlaldm 15,11, 4111105' strrtefy-hId
`t adapt 00110910[¢1511 111101/015aket
`010155.001 10110 "£11111' uas really 1111110010 115.1 1±100 whir0 was 110 50 11±11±11 111-110 0111110
`if 5[111513 Vmm1e Patters mod Slflbwk, mttmg $314. UVSh [he Series A tllclamts, ukeu➢IDa6 fe! 15e,ame,f the cI¢@unY (111111 rNmapec[,111, 11.tkt)11th imeasi¢g 1111115 14115011 101115
`±15111110 daum®h waswnnelt, 1llow10esawtlsadte1¢0901001 Sotmm.tatly afterGW11lg 1ItfeS0l1S0oSmem 1100SOm5agad1105.15,temabageamttea at l5±udmwak Mthota11100,0110rat±¢taemwey. 51511mk1±.,®±1111to mreativg10pro- Ill. .Ilo*11ulce00w.133%
` 150111±Il0h m 0e mmpa0y 111111111111 1up011ll11
`1£[111111111111111 ±151111151111111014 01-111101111 11-11010111050 211,11151-111101111111.101 Ore,f 5411110115111111111 011111 111.111111x101 mmh mercy u 51101111 w 0111 t 1110111511111±1111151101501-1! llelol and to SofOmkpl BI1I.p at
`tlIugblmte Summa012006.Hs111515e115 rslabh1hIItM,lnsedl!radouesmr t
`to SlSesB made) lllltr DODlNm a[hlttlmtlotsetars az t, jmtlylf0e fimwala-dlegatdw tlltgmcemdvegata1mwualteadyclmplae.1111.1
`01111,me 51005131W 101111xmMlesserkmwlfim45mat,
`ateclm8 m1re llsbhshed 1,,d ltga 11,01151111 0111111150;11 lryech¢Iogy DoIttl1H4mSo6, come awt,H. 515011 01111,5
`
`'DIcummtolMtaslsurea 15015 let,I1tkmavw 11001551sh0ityf1clmeslm1tId13 5031 010 015 51011wsshll-bm110£mdm11ha11ea4 i,,x11[11se1Ipncelvdthelam0111115150 rm0at0a £Ia-er1aatnpby-thla131It Ee5111w1Wdfmillyjampa°
`
`Ime 501010 114 111111, 111,111 Cwcemtiw1 moth (lase 0 ,1Sls 5011e penodll 10110110 Nlrvtbt Hl It1 mom!¢ 11¢11 tumefable 51±511,111111101111bottl a*t time m 11-Wilt 05111. 0111151 Wafer haw Chase III the Managi-g Patina 11te11mbae eapiTW lam, w,1 s5lt¢t11ened m 111-11110
`111041111- hadch,swao 1111 tomagege 1¢111 feyclddll11110 u 1111,1 Sta111ra8. wet, muchmofe 611¢110151 ofaf app<mal Imcesses,1¢111, aas 111 51101 between lh®avd Uw D,Do, t111.I111e111 111111[1 a.,dUm money mod 1111 Day ±111111.. 10th111[3±1 sehuovsllll 101 mt,1.11yftalage
`er
`i
`11like 111. mod a pf®1m161111111111m1 11
`
`
`
`
`
`
`tIe 5±11±[tke I Chase 11111!1 11.141±1015!, ± 110 111-Pe1 days 1150 Staeobags lead 01015011, Chasmlah4$3M011 Walk 11111 a seal wth ervmp1151101l1HD1a10a 11s 111 brovgbt 0madthhllal El1 5 Got 50101111
`
`113111111111-1131113111111111-
`
`±101 dSoIlbwk 11511,0 and 1sea0aabte10110! ofmwey mthe 510514 Wmof 1sNwmarg smnll ilwetors ate hai psniouily ¢1111151[1¢151111 was feu 01101! II ±1,001111 tItlIblIg 1111111,11. Nlmaocs A1±15e151amrs hI5511.1, 11-ch wit tffi 11±lpmy 111 11,1
`Now, 1111511115511
`pll II1I3 6mwO1-0111111 the 111111CPO 1'Chlalmm and a 5oflbavk Sl01p1mem-O-R1s±IIIIILam14DOIid Kim. 011101111111115111-,1511111±,, &omw5mteywaeadelgmdl,tu 1551101 bgIE1. K® 01191.1 $1514, and along came SIfd tell, $7501
`
`Meeting plch1vgand111, gmc6w±llt mall 0c-11[111 waatime 11101-b1-g mod evagy iw111111HowecaMetes, mod 1St 11101 wwi14u much 115 as possible 11510111 wmlug hard 11,11001111111111.-5w011mmvsly,at1111111m511111m2114001 11 early 1113fa0the company lye 1111115
`rum 1111. a E200K 0¢051111 £® MassVmhues.
`441±0110105 0111.011111111111110±111.1 Silicon 1051y55 15151 Takwg 1.31150111110
`SloSh .total mmmlmlem,bm 11e511*ptvedttmestdlll±Ew Domthemawgalmttelm
`
`1111510513,11151111111111111101100501111.01 111155' PR f11 fad estate firm mod hw firm 1,U mttrihuffi 11,11110111111011111111100 1011115.0±11111111501 h,IpM Nlmtt the SeSev B round std 1111114
`
`Meww6le, 0101,10110:1¢ team 0111 sill p1160g 111¢1¢ of loge VC £1101 .1 4 "1 It1gi1" 111511111 kaxahal 510151 Ike 11111111 and AOL all 15110¢ co—y Fi 115, two 100, rmh0e lolts c®itt. 511111111011111 Series H. Plaff V1hves pat in 550051 and 141101 Lyob 5011 Fgwty 1111¢111
`$lM. Rat 14,11±5'1 orxslmem acme a rela5lnship w,f mo-tlms al lfpreolout 1,¢11111[ bake, 11±155111011 eare0ely 111.1011111 taking tertlollgy 111 11111±1 cemP+li11 public 111 fe 5111141/3 mwfs. T111 pti,ate 15/lily 1,xtws 1100 50,1111111110104015 St 110151 ¢11110 ream m Hemy Blodgett, w
`Mane[watyst, who had6xnme fam,w fm 01e51:tivgt 1ini5l svo:11110Amamn Bbdgetfs 10111111111111, 11-0110111111110151011110111105 61/1011/ the I1.tatli110stmwt5111111 0999 01.1111. 111113101551®511±¢15. 11.10v10 helped 14115115,01[1¢1 baduvg 5111111-Blodgett 11¢[150 the 1111115
`111x15 wuealBM atom 0e 5clmnllgy mdpbdg. his support f0 [¢1111511,05110¢ tO window la0pmrd mlo w1. paxisely the tpp, if rebtialh±pDlDoh w1.111510g Etc 1011,0 oft¢ primary n±sow lh,y 11f101150011050 80011 B tvumr.
`
`0111111111 [,leas. 161 total 11110156¢ 111111 t 01151 114 elha 1,1 the pot
`Mall
`ptotlucmgdm 44131.11 11000111,, mdwmkl¢gthluug5sales 55 1115111!, 11cmtlgatralegiea-
`
`tit 111101011 1511 51 empty lad cahUld. 101,11 mow 11101y void-A^g`h. Dl11Od mtagemmt had be®ate 1115 the tote 51,11,11 511/0/03,11 VC Gads ham 1011111101115 11 1100 1101 CI y, 11115,01141
`
`Essm50115 Me Gam 0e 1¢116¢11 mod much of IhI 111111[1 mawg10ew tram bad b® 15¢11113 auywh0e !® 21150% of the¢ Gore 1±111111¢551 111101111111111110th 51111. M.[av0 mod George K10he1 sport nil. greats 510¢111311 if 0eu Gore 11111.01 11tmding 55 ±11111113130051005
`meeting. "Managing 011101 If 101111111 doting tv 1-165[111 £51111011 elhemelytime [1111111,1080!1" Kmbe111114-Medrw1r11lLL5
`
`"Flmdmvivg 1s 6111-wtiv5. 1e00e.105I mom c011wfly w 101. mad, 11110 1111 11 Dace 01x5031 a day 511 015111 Sptmg 55 5011W this 111. fill mwfs 0fhy0g [o squeeze blood from a [115 011 10504 ±1 111015 and That 1.w ow E1501115 Howeea l[ tmk away from o-[1'
`11031.. 11.1. 1101061 c0115100?
`
`' mPmSm
`
`1510111111 team mow fu-11±113.011 compely remllwd mgaw-15111i1w dep00t1m06eadswae 111113111101111001(10011151103) 111±1 s cmtou. m 11311 111 0 11x1 ad 5111[11 urell 5501105±1 ofmAriu aftx 011 bell 5100111lavlch (see E 1111/116 & 5) 141110 lgt110154 11l51/l. 111111 (00
`P111110107)0100111111501101,1(11 Elhwlogy mmpmtec Cumpa56 alhe Nl1d1B up11ialty "DotCIllo. arethd t0 else up strop. By 010150 111011 mM,lthlt a Ill of 1s 11001000 had gwe 011 ofbusous,twat viable to pay m lcense DlD0111101l1. The mNlils by wWcb DODlh moat measur10g the
` 6PR:11011 oompkltlyrecma.
`100111,1,0c1nom11 tloleas.dm1awaod011,,1115 10,11 01111 cot 1101101±1¢ 0.05111111 to Plofipbtltry. The indus1ywuus0 slawH111HlOIo 11,1±11,11501± bet 1111111110! 01011 alt
`
`By 011 Sore 1110011 had g01111 toms 1011 people, mo0105111-rte n1 alylowhwg$2M P11111-mh.MIIe im1mb1115,,Dlbm'telmoe,muted 11a5w1t31311151103 off ho ttedatmautofaht IIOPIIII customs be. DIDo0 had 101mded II follbwdilH±Ut10gte Pm0111 aadaakivg manly 00
`11115€15111111010e01111111111±5,101am00(1ee Exhibit2)£11999 sad15 2000, w51lce0ewe HII1010.0for➢o1Cams ald mw Da➢ub 1113acwtomas were 101101110 111155±1 seat.115e431,111m1e10..5t5t0etmo10te te0h1ol13y1d 51111110,4.e1.,0111110 appemlitubetaa5itoflm0ble.
`
`011015 mom also 3013 to hate111111 htghll m[1,h soon the 011,11±111 1101 bad made auo£t6aplgallas 111.0010013110110 Savory 11111011®11 but 0110IllS1,115t1 11mp115 11e000551to.111011of9955eat0l0-4.50110115 the dolt tat DODO, hod 0111. hat Llghtawe andthe
`150i5051111110 cog from Uffl,uat add 15111$101K plc mvmt iv lavuary 1£101DlDol, Had 51,1111 EiMfiom Lightvus0 C0pr,loa51111.blt wbvrdivand live, wit to il®tia 101 Gv11®g temmry10±rvughte V2Kp111o0 51111.0155101 o5hee11ll1th0rte Sties B WI delayed l6e company uas
`11,011101 11111', 0e 11111 1.111115
` beck. cot 1£151 £111011.111101, but 115151111 waappllazhta.g and tnxlueawme mtdeeelopm311511¢114Medrw11±0. ,
`
`"Due thlgl6at 11110616a,e 35'11 m a 511th Of010gs m Dome w1.0th the 1,'61111 we met moll a Febsuay axle atom a set of um audselmw p0ojxk0ts belle 0, Iamb Ofatuprodvet. Still k akin axwwt bwk to those same or'.1,a 10 illy lad Aug0Iitll5 sere dilapplored o lwalvs.t rlrxwe
`1101110(100005,110151) By S1ft106er t€ p1111111011 x5111 mtm5W tat10aslly 1181110101¢ 1151t tedlwnmtk11 std Im l'0111154511 1100111W 1111010011.¢431011.".
`
`51-1eof16e11mp115+a 10 1011 11111111 0 1 111,1 1..1 anddis5ibutilg IA11001hdmdvgylilyl llhlt
`gelloatal 1111110 1111111 F6a50, 11111110iued dl 1111111 hgls
`
`oloojmi05 ofvetcu1la1ers1111dmag 11175511/15 whethad seepedanumb¢[ofc1usl~me1 who11111airedaboutthem11.p1v}a15ec6nalvgy but totechvolvgywasnv[1111byfeu1111®mmwayathat
`
`By I115, the Dl111leamvl5IMlbm 1€11151111,1111111-5eed dutrtbulia¢an11d¢It11mx 15111111/1 ill0thw mod 11110111 101111 w 1 eahmm5apll& Dley 6,11111101510 a 0wltgy 11amgoduh 11 mdm m make W 1111514111100 11th,! 1011010.11011111111 Ole lfHlllI w101lechIKmgy tice¢v1g
`dll1llIh ADC.11m Sm14101111, 511115 4Raf0n fiveenvg 01111111 "Om t pllatlg 11111 1111115 day and wgll Em.math m make ABC Sappy -0.4 fag(4 111!111111.1114 pm m±the 01±5. 5140 .15 0¢5511 hat sge ilvegatiatiIll and we 5/05/111 [111111. P110,151551 m11.I11ao1iIol d1HIt the 115111
`teuweblle was a0dwha[ it wlWd d1, £[111111, "
`
`DODOTS0029003
`
`
`
`ch,00 d ISP Spmaay
`IKMast's iy
`A, th key sfr20gc deal aas a the amka with Spinwayeoma Soflbankpotl cnmpm.y
`.,,.waof users, wlush DoDm tbocght itewW nu iom mmne by cbargiog es at6ecucn~®s fwu«ss. Negaia ovswNs5pua-cy was ti
`
`ro
`
`➢oDS tthdgy.
`
`prmide ih wars eNhm eohau dweeivlxfie thsweh rvhichirmddscrtise_ Inre4S Spimvay offered dishibWion
`tevsi.<.Agaiq i!th eed,DDciswss disappoimed aiLboth Le seam,],] and wess Spimeay po4idd
`
`ryxergy thrrnsgh deep stmhgie rel#ionstips Mweea hip invealmmh. Spimay 4471 ,Mfy mcolrxd uith Doom oa mxtbple 2020 F!,]¢ample, DODMi wu sub1
`Spu¢way also 4471 pmt o£tbe Soflbauk'Nmbmsu Softbank Founder MasryosW Sm's civon fix inuea d
`Spioxaye S15Msec ity deposit (whihas oa9y-sligmy abm'e. mahet m the. time)m the suggeabon of aaaonates of Safthank. Theirimmtion waa t o the depmn xaNdberedaotledb DDM,] once Spimvay receircd imnem fouotl of OM± g. Medratn Ixalla'
`
`g space from Sp
`
`y and bad given
`
`fl
`
`[ffif -ISPmak crashedhard,].,]thaveser aotl befinew,knew 5SPimsa05000]fl0 dramsamllmthe,],mie aSffgo.Thesew.mt omcash SofiSOSP 'Nethmsn' certai 5helped DDDotagetslmted_.... Ndit elan wcreasetl wrcnsk in dvs ¢ewemarmm®["
`
`paay tcmpocuily immwe 6om some of We dvec[ aad untie] pear sufia i by the Outcome. 0 hke many of the techmtogy cvmpemes that sold
`Oren Q2 and Q3 d2000 DoDots haf pnseimad itself u a softxare ivfrastsuctae eompmy and m-m had a ai less applimtioa codes derelopmentISth made the.
`Men prodach bgsoaivg ]v[amteompaoiez DoDwbegantof I6ms6 rejection by We musket ateocompames 0k,] CO a,d Snn reported earnings sh OI1 Q3 and Q4o02000.
`
`51.15ioa 01511.1111 0511511±1. Pa=s
`DODo6 Md butnM Orn¢gD 1M If,] marry hermsae i5 510 grmxa gwakly 110 mie 1,] make a big 15111 a new. "platform' f aommt and app1.1151on 0
`-MI ofwhich wae¢o ltmgc .11.51011.1.11.20 DIDIO had burned Wrough me rm¢ey o¢itsg th,nwas ala10y»a,t.10111k brim S. Civrxstm®t by Q42402 bs tO make seemedready
`companiethoagldaMh,ped[het conbiSem TorWar companies woW05. 0e141.20 gtheheli000
`4.1±1.1 .114111
`
`alddeWy- oar of fashion by rmhxe im'estora brmtae they requir10 a large amount 05111.1 way, and
`l] IS. NASDAQhad ec®hok1140-00.251. 207 ...]i&. Evtrepreaews and 20estms515nra41 tmtmlogy
`
`EX
`
`l- Do DOTS SERIES B SCUEDLZE OF P150000205200
`
`1m[ ~.
`
`1.acm:ios
`
`>oa Cl ~
`
`2mcmza3
`
`ragna
`
`18527
`
`x,19x
`
`9,3®.
`
`r
`
`ere
`
`11110011
`
`f,929j2a'n
`
`fvlSwls
`Nw j71no
`1115]91x9
`
`70,7x717
`1lxyww
`f719ia11
`
`559wa1
`
`977991/9
`
`410751
`
`124141100
`
`113044
`
`9,031
`
`3/1751113
`
`3x991919
`
`121991/2
`
`1151
`
`1yw,ma
`
`911115921.1
`
`yy7.rmaaa
`
`120.51
`
`
`
`20.511. 5).511. 5}
`
`ase(D
`
`an{lt
`
`xdm— m..a, earn root
`
`snfem®e 0)
`
`M11I,Ptl 1114519
`
`v,pxxaeaz 0)
`
`1e.(a}
`
`xx.1
`
`•eNrzsam au amour®cc®cwvm mapwnmoemep»opasm eoavm wuen pwa>o1m maraweammexieemwsseyxove arm l9memex ter,1999.
`tl}namx.t x.~aar7~as3<u aaw.x3, woo.
`tay.amxx a thna.¢,~a wla ®„a. 1.,ao11.
`11 maa. .,s
`t)P,rn,]1110eth. e<®armzxs
`oo
`to}nammmn[ounl rosin,] n.q w~ngan 4,-1.
`
`®a 1~nsavmoma th.rwnmrbz®saela®,9aslnla
`
`o2ao .
`
`EXHIBIT2 -➢o DOTS S530MARY OF CLSTOMER TEDMO
`
`Deal Summary
`
`DODOTS0029004
`
`
`
`Ex®T 3 - Do Doan SE76I3802 OF DEADCOTTIT Geoa-ra
`
`EXHIBIT 4 - Do Doan SE001ARY OF VAEDE PxOx mFD To CL-sromdo
`
`iIL
`
`_____
`
`Headcount summary
`08prDnenl pl.m.
`
`'°60
`
`20VI1
`
`1080
`
`4
`pHPY,=,6.,1w.
`mra~5m1~
`
`—
`
`I
`
`I
`;I
`
`1
`M
`
`,
`
`10
`
`12
`
`1
`
`44
`
`1
`
`04
`
`5
`
`0
`
`1
`
`00
`
`1
`
`85
`
`1
`
`508
`
`1. 12.
`
`(15970852
`
`Value proposition summary
`
`Customer
`
`any0ay
`
`my5imon
`
`e6118
`
`208e0
`
`80,1:0,5111000.,
`
`chotoPoint
`Workmen
`55art51mpl:og
`
`PC Daly On no
`Menthly Web site Den04n per
`tlurabpn peruser Web page
`(mih:sec)
`(9711:010)
`
`Nonthly Dot
`doratien per
`Cu6040ner 1142;10
`uur (mm:6ec)
`
`Effect
`(%)
`
`4:44
`
`6:35
`
`8:30
`
`19:15
`16:26
`
`12:19
`
`107:42
`
`0:31
`
`0:32
`
`0:51
`
`1:05
`131
`
`1:09
`
`058
`
`0:46
`
`42:40
`
`902%
`
`22:07
`
`296%
`
`29:47
`
`222%
`
`325:00 1560%
`140:06
`227%
`
`17:51
`24:50
`
`45%
`-31%
`
`143:57
`
`167%
`
`727re0
`—.0d
`
`D rh,ks
`
`081761s1
`
`(FUSE
`
`5349
`
`1246
`1336
`
`53:31
`
`17.42
`
`140
`
`1:01
`
`0:51
`
`0:41
`
`1:16
`
`0:20
`
`36131
`162:16
`
`165%
`1168%
`
`71:55
`
`34%
`
`56126
`
`219%
`
`146:31
`
`8811°/e ~®
`
`EXOBIT 5 - Do DOTS SUMSIARY OF VALUE PROVIDED TO CUSTOMER
`
`FOrec455
`
`1nOu0
`
`_.
`
`t.
`
`1200.=
`
`i 111.001
`
`08.04
`
`48100
`
`04(48
`
`300100
`
`4261
`
`200,
`
`51,3w ~~
`
`66.1
`
`~02a
`
`A
`I, . I
`
`11,N2
`
`9,&'6
`
`bAi61
`
`16,]35
`
`04156
`
`23.400
`
`EXHIBIT 6- DO DOGS Si—
`
`OF VAEUE PROVIDED TO CUSTOMER
`
`6014
`
`Po!m
`
`00-00
`
`1000
`
`2010
`
`510-0 1150046
`
`Ov[.W
`
`4048
`
`00 :1 ,
`
`111096, III , -Prrv.R and codden16
`
`Key distribution deals
`
`(
`
`J
`
`. Auto-upgrade feature
`. Burned OSLO
`• Link on website
`♦ Key deals in negotiation
`. ABC,CDM
`. PeOplePc
`
`EXHIBIT 7 -DO DOTS SUMMARY OF VALUE PROVIDED To CUSTOMER
`
`. AIIPdvantage
`. PO6e
`
`. 15ttlp
`
`DODOTS0029005
`
`
`
`Results — Year to date
`I,~1 25 52523
`
`Is415rte 0[02(2252
`
`p012111/225pq
`
`11
`CSRamenw
`
`Gnm l,nM.
`
`Sum
`
`e
`
`8
`
`41+151
`?404
`
`12
`
`12
`
`1654
`
`%
`
`33 53:
`
`5 24 5r N2l'35'r<nmr
`~~~kNoh ^all ratxpr3s
`dnr 545 salesane marveling
`4525222. 05223552 I5u4~e
`
`%
`
`34% 9.52525y as 152(311 52rtying
`ISM'dminl tlun Wnr.M.
`
`914
`10%
`s%
`
`15%
`
`15%
`
`(2)
`
`(4)
`
`0261
`5 13
`
`1,035
`
`1953
`
`Op511ng
` 92 '.
`.014
`50214*
`Gee
`09.55(41002 5 0,
`Gviwa Sm adr:151s5w~5
`
`(310])
`(2945)
`8925)
`
`Ila+)
`14.229)
`29451
`
`154
`
`114511202112
`
`(5.462)
`
`(14152)
`
`(5,463)
`
`((0444)
`
`DpruVW lr,ffi
`
`1510351115150e
`5113351 2495242
`
`44524520
`
`53
`4)48)
`
`-
`
`52
`(341)
`
`153) M%
`52
`(0%
`
`(5.52.
`
`00145)
`
`2,030
`
`.19%
`
`Do DOTS (B)
`
`STUDY QUESTIONS
`
`L
`2.
`3.
`9
`5.
`6.
`7.
`S.
`9
`
`gsssalegywwl daddid¢twoh W241w55WY5. 62seseco1sme49ed4
`A*41711h4520232452'. Safes B Oandla
`2 0y 5dsem5le-2(2223 Series B 11514525.1l1s100s(he22rtsf41sgyn 0.501551123501[252411112?
`Whtl dhci5c®Vices 105(3 I)oD5Hta0e p2m-id~m52dabget ma~4xs 25 1(.2232 254531
`H5a.4115 222252.. 15)202 Van 5402 521501.45149 15tl1105*550535025,62515015f11)e111,6p )'1
`50504..14 MM... 153 DID.tad5mbettuadapth5 1211511*y t5 ttischzvgmg 114351?
`A41111he%llssflmsslfdlbl DS➢53hadbken52 How2Wlhisiara5e a5Nmd2111252 ti,S:W155hiag1Mfmmec1mp4n}?
`952(}522 dw.mn52,(215Vresl between Saie2Aatd Saiea B emeslms Haw u tti1 good 12001. 541)7 152511 [hie badfo, the2®pmry? Went arethe 52552 di15 .itiea maegotWiug 20355200cewmd pmiom m4uWrs who ere. 5ni5g tl t 5t m a..Ild?
`2S11y.3.mmpas1+5b51ives.255)L6225did11 26415. c.smma215050t reit, en1502&45231425.5?HSwdidti, maeaseos 32...52.
`&ackasi,k?
`.521171et55.f0144.IfI52 ABC49Spimmy 21ah®ehips. US lhet.s*t,yivgt@fce 1p12002.450.eeep t.*412et?1540c..ldthey hsx belle) apledthess ecpxlsti®saud.I gedlhe 15*5227?
`
`1352504 sm1pr1pmcX67 Th?510021 r211/*r¢M1e05/slvelron l✓,w211)515125021,41302rg12511.5I51671110201111l1) Gr50215292112f5401512411520.50112✓2411*1115<.arx5.rn1110lnvsvm111941e$0111,l5lf3&'trve xmdlnsf4022351122421(45(52
`
`Fare
`
`.ciaGrypwpoa5soanf emdmuabarais Ihss can Mvs/...Amged 13505
`
`1g11540eddao( d Om 05235242 mrxi5io4s.
`
`13025145250 9.N4 pass1N50y25fl from1 A&21515154*52
`
`Cgr570 12 001 65 14.BSmdafr ofllrelalm35f555211muar 5'020110)21421502 rermffi
`
`DODOTS0029006
`
`
Accessing this document will incur an additional charge of $.
After purchase, you can access this document again without charge.
Accept $ Charge
Still Working On It
This document is taking longer than usual to download. This can happen if we need to contact the court directly to obtain the document and their servers are running slowly.
Give it another minute or two to complete, and then try the refresh button.
A few More Minutes ... Still Working
It can take up to 5 minutes for us to download a document if the court servers are running slowly.
Thank you for your continued patience.
This document could not be displayed.
We could not find this document within its docket. Please go back to the docket page and check the link. If that does not work, go back to the docket and refresh it to pull the newest information.
Your account does not support viewing this document.
You need a Paid Account to view this document. Click here to change your account type.
Your account does not support viewing this document.
Set your membership
status to view this document.
With a Docket Alarm membership, you'll
get a whole lot more, including:
- Up-to-date information for this case.
- Email alerts whenever there is an update.
- Full text search for other cases.
- Get email alerts whenever a new case matches your search.
One Moment Please
The filing “” is large (MB) and is being downloaded.
Please refresh this page in a few minutes to see if the filing has been downloaded. The filing will also be emailed to you when the download completes.
Your document is on its way!
If you do not receive the document in five minutes, contact support at support@docketalarm.com.
Sealed Document
We are unable to display this document, it may be under a court ordered seal.
If you have proper credentials to access the file, you may proceed directly to the court's system using your government issued username and password.
Access Government Site
