Crowd Fundraising

From: MichaelNorton <michaelnorton@vodafoneemail.co.uk> Date: 2009/5/7 Subject: Notes on crowd fundraising To: MichaelNorton <michaelnorton@vodafoneemail.co.uk>

Dear all

Thank you for coming to our session on crowdfunding yesterday.

I am enclosing a note which I prepared for you.

If you are interested in becoming a pioneer venture, then please come back to me. The next step then would be for you to answer a questionnaire (which I am preparing) and then for us to meet together to flesh out the “offer” to ”believers”. At the moment we have no clear date for launch, but are hoping it will be in the autumn. If you are intersted, please contact me.

For those who expressed an interest in becoming crowd investors, I will also be preparing a prospectus, and at this stage we want to log your interest in making an investment in our venture (so at the moment this will be without any firm commitment on either side), and will launch our investment offer when certain aspects of our venture have been finalised. Four of those attending expressed interst to us. If anyone else wants to express an interest, please contact me.

Best wishes, Michael Norton