Subject: Re: Data Room Rough Budget
From: "Devon Archer" <[email-masked]>
To: "Jeff Cooper" <[email-masked]>
Cc: "Biden Hunter" <[email-masked]>
Date: Fri, 6 Feb 2015 23:56:01 -0500

Jeff,
Under separate cover I will be introducing you to our Executive Director at
Burisma to initiate access to the dataroom.  I will mention the dataroom
access cost in the email which I have done so verbally.  We will also
suggest additional line items from your budget outline in the coming weeks;
most likely following the meetings on the 26th and 27th in Mexico City with
PEMEX, Vuk and Burisma Shareholder.  I arrived back from Beijing this
afternoon and tried you.  Let's connect by phone over the weekend.
Very Best,
Devon

On Tue, Feb 3, 2015 at 1:41 PM, Jeff Cooper <[email-masked]> wrote:

> Guys,
> After looking through the preliminary information regarding number of
> documents/pages in the data room, it seems that a rough budget will be
> approximately $800k.  Included in that approximate number is the following:
> $400k data room access payment;
> $100k for 10 translators for 30 full days;
> $250k for Mexican and American attys to review the data room documents,
> form corporate entities and draft structure documents, draft
> confidentiality documents and data review procedures, be on site for any
> legal issues that may (WILL) arise during the doc review, provide
> communication with the Ministry of Energy and Pemex (along with Miguel) and
> generally give us cover throughout the process;
> $50k in travel, lodging.
>
> I think the estimate is on the high end, but I would rather do that than
> have to go back for more funds part-way through the review.  I believe the
> true budget to be between 650-700k, but I built in the excess because it IS
> MEXICO and you never know what we are going to encounter along the way.
> Jeff
>
>
>
> Jeffrey Cooper
> Founder and Chairman, Eudora Global
> Disclaimer: Generally I only check email once per day so please do not be
> offended if my response isn't immediate.
>