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    This proposal was turned down on the advice that an amicable arrangement could not be reached with our client. After listening to recorded Skype conversations, email evidence, and mobile phone conversations between employees of CertainSafe and our client. We feel we have sufficient grounds to proceed with criminal action against CertainSafe for breach of confidentiality, and use of technology belonging to our client without written or approved prior consent. We will be seeking damages. CertainSafe the company behind plagiarized Security Enhancements: Finally, the company has included a My Contacts dashboard to enhance contact management capabilities, as well as additional security enhancements.The security features of CertainSafe include a multi-layered login process that uses a personal picture and a personal phrase that are delivered from different servers. A challenge question follows the personal image to provide enhanced login security. - See more at: http://www.eweek.com/small-business/certainsafe-releases-enhancements-to-secure-file-sharing-service.html#sthash.TQJ43Tet.78oYVSjK.dpuf

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    This proposal was turned down on the advice that an amicable arrangement could not be reached with our client. After listening to recorded Skype conversations, email evidence, and mobile phone conversations between employees of CertainSafe and our client. We feel we have sufficient grounds to proceed with criminal action against CertainSafe for breach of confidentiality, and use of technology belonging to our client without written or approved prior consent. We will be seeking damages. CertainSafe the company behind plagiarized Security Enhancements: Finally, the company has included a My Contacts dashboard to enhance contact management capabilities, as well as additional security enhancements.The security features of CertainSafe include a multi-layered login process that uses a personal picture and a personal phrase that are delivered from different servers. A challenge question follows the personal image to provide enhanced login security. - See more at: http://www.eweek.com/small-business/certainsafe-releases-enhancements-to-secure-file-sharing-service.html#sthash.TQJ43Tet.78oYVSjK.dpuf

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    © All Rights Reserved
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    76 views2 pages

    The Proposal

    Uploaded by

    cloudrecord
    This proposal was turned down on the advice that an amicable arrangement could not be reached with our client. After listening to recorded Skype conversations, email evidence, and mobile phone conversations between employees of CertainSafe and our client. We feel we have sufficient grounds to proceed with criminal action against CertainSafe for breach of confidentiality, and use of technology belonging to our client without written or approved prior consent. We will be seeking damages. CertainSafe the company behind plagiarized Security Enhancements: Finally, the company has included a My Contacts dashboard to enhance contact management capabilities, as well as additional security enhancements.The security features of CertainSafe include a multi-layered login process that uses a personal picture and a personal phrase that are delivered from different servers. A challenge question follows the personal image to provide enhanced login security. - See more at: http://www.eweek.com/small-business/certainsafe-releases-enhancements-to-secure-file-sharing-service.html#sthash.TQJ43Tet.78oYVSjK.dpuf

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    of 2

    Offering

    8/08/14

    Joint Venture Partnership

    SecureCloudwouldproposetopurchaseallthetechnologicalIPinandaroundtheQuantumIdentificationprocess
    currentlyownedandcreatedbyMr.WarrenSmithofAuckland,NewZealand,whilemaintaininganongoingworking
    businessrelationshipwithWarrenSmith.

    ThepurchasewouldbeexecutedthroughthecreationofaNewco.

    AsignificanteffortwillbemadeinanefforttoassistinWarrentomaintainhisanonymity.

    TheinitialdownpaymentforthepurchaseswouldbeintheformofSecureCloudSystemsstockunit
    ownershipinanamountthatisequalto.567%.Inaddition,Mr.WarrenSmithshallalsoreceiveasadditional
    compensationfourpercent(4%)ownershipintheNewcothatiscreated.

    ThestockunitownershipinSecureCloudstockshallvestaccordingtosalesrevenues.25%ownershipwilloccur
    immediatelyandthenanadditional25%willvestforeachmilliondollarsgeneratedintotalrevenuebyNewco.

    ThisongoingrelationshipwouldincludefundingforthecontinuedR&DoftheproposedpurchasedIPprocesses
    whichwouldbeownedbyNewco.

    TheR&DFundingwouldbegininQ4,2014atarateof$100,000perquarter.Thisfundingwouldcontinueon
    throughq4,2015,atwhichtimefundingwillbedonethroughtheuseofproceedsgeneratedthroughdirect
    salesofproductssoldthroughNewco.

    Fundingwillbeatarateof25%ofsalesproceedsgeneratedfromNewcountilfundingreaches$200,000per
    quarter,atwhichtimethepercentageratethereafterwillbereducedto5%ofproceedsupandabovethe
    $200,000perquartergranted.FundingshallbeevaluatedpriortotheendofQ4,2016byExecutive
    management.Useoffundingwillrequireapprovalforsalarylevelsaswellasmajorpurchases,(Tobe
    determined).

    ABoardSeatoftheNewcoBoardofDirectors/BoardofAdvisorswouldbegrantedtoseller.Participationinan
    advisorycapacityonanongoingbasiswouldadditionallyberequiredbyWarrenSmith.Thecompletedexecutionofthe
    purchaseagreementwilloccuronlyafterthecompletionofanextensivevettingprocessandthetechnicalteamof
    SecureCloudSystemssignsoffonthevalidityoftheaforementionedtechnology.

    Theoverallstrategywastomakethisawinwinforall.

    Theprocessincludescontinuedfundingforongoingresearchandtheabilitytobuildanongoingteam.

    UpsidemonetarypotentialcomesfromtheexistingSCSbusinessmodelaswellastheNewcorevenues.

    Warrenmaintainsinvolvementaswellashisanonymitytostaybehindthescenes.

    V7.0

    ProjectionCanculations

    SecureCloudSystemsOwnership
    Valueatsaleofcompany

    Percentage
    0.0567%

    Percentage
    4.00%

    NewcoOwnership

    Value
    Value
    Value
    Value
    $5,000,000,000 $7,500,000,000 $10,000,000,000 $15,000,000,000
    $2,835,000
    $4,252,500
    $5,670,000
    $8,505,000

    Value
    $100,000,000
    $4,000,000

    Value
    $250,000,000
    $10,000,000

    $6,835,000

    $14,252,500

    SubtotalofValue

    Value
    Value
    $500,000,000 $1,000,000,000
    $20,000,000
    $40,000,000
    $25,670,000

    $48,505,000

    ExpenseOutline
    Payroll(Inc.Taxesifany)

    Q42014
    $36,250
    $12,500
    $10,000
    $12,500

    Q12015
    $36,250
    $12,500
    $10,000
    $12,500

    Q22015
    $36,250
    $12,500
    $10,000
    $12,500

    Q32015
    $36,250
    $12,500
    $10,000
    $12,500

    Total
    $145,000
    $50,000
    $40,000
    $50,000

    Supplies
    Internet&Telphones
    OfficeFurn/OtherEquip.

    $400
    $500
    $5,000

    $400
    $500
    $0

    $400
    $500
    $500

    $400
    $500
    $0

    $1,600
    $2,000
    $5,500

    Computers
    Software

    $4,000
    $3,000
    $5,000
    $250
    $450
    $800

    $3,500
    $2,500
    $5,000
    $250
    $450
    $800

    $3,500
    $2,500
    $5,000
    $250
    $450
    $800

    $0
    $0
    $5,000
    $250
    $450
    $800

    $11,000
    $8,000
    $20,000
    $1,000
    $1,800
    $3,200

    $90,650

    $84,650

    $85,150

    $78,650

    $339,100

    Programmer1
    Programmer2
    OfficeAdmin
    Warren
    Equipment

    RentandUtilities
    CorporateInsurances
    Professional/Accounting/Legal
    Miscellaneous
    Totals

    Steven R. Russo

    Executive Vice President

    Secure Cloud Systems, LLC


    Phone: 1-719-555-5555 x120
    Email: russosr@SecureCloudSystems.com

    Web:

    www.SecureCloudSystems.com

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