Questions to Ask BSPC

Moving Things forward

• 0% Interest Bridge Loan
  • Min 7% - 12%
• Signed Letter of Intent

Operations

• What BSPC Resources can we tap into and to what extent
  • Dev?
  • Compliance & Legal?
  • HR / Accounting?

Metasports Questions

• Equity Readjustment (Peter still legally owns 50%)
• Are we allowed to add special clauses
  • If Token dies does BSPC die? / Token Allocation Dies (BSPC Token is Utility not Security)
  • If majority acquired, can we get a right to first buyback incase BSPC goes down (Clause is very normal)

Raising 2M

• Original Goal → We still intent to raise a Seed Round in roughly a year
  • Because we thought that competition would take a bit longer as well, but apparently not the case.
• We need 2M to scale into a winner
• Even if BSPC acquires at the 500k val, can BSPC 100% guarantee that we can get the 2m
  • We don’t see ourselves cashflow positive in the next 3-5 years. IF we want to win we want to scale.
  • How will BSPC help us get the 2M
    • Top up future round?
    • Additional Capital Injection?

Action Items

Signing Board Resolution

• [ ] Peter
• [ ] Joe
• [ ] Lars

Exploring other options for investments

• We feel that the 2 months waiting was crucial to our goal to front run
  • Tier One just announced → Their program
  • uGG Raised →
• We’ve been 100% reinvesting what we do have and been able to at least keep up → Imagine what we could have done w/ 2M by now.

Questions →

Lilian Teo been in crypto since 2018 → Was in Fintech prior

• Advisory Services to crypto founders for compliance

Peter Told Her

He is a current shareholder 1/3

They want to take 65%

Wants to know

→ Arrangement of shareholders

→ Anything else we can share because just got onboarded