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THE ULTIMATE DD PACKAGE

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“Lets pretend<br />

were trying to<br />

find the share<br />

price at the<br />

deadline.”<br />

>>>>>>>>>>>><br />

“Being a pink sheet, we<br />

do not have a deadline<br />

to release. Of course<br />

we intend to comply<br />

with the SEC but in<br />

order to do that, first<br />

revenues will need to<br />

be audited and other<br />

things of that nature.”<br />

After a quick lunch and rendezvous<br />

with fellow investor, Rakeesh Kumar, it<br />

was time for my scheduled demo.<br />

Originally I was worried I would be<br />

nervous to talk to Jason, but his warm<br />

attitude and humble personality made<br />

him very approachable. I elucidated that<br />

I was not keen on data technology and<br />

to express the software in terms that<br />

main focus or are you reliant on your<br />

vendor partnerships for most of your<br />

sales?<br />

JR – Although our partnerships are<br />

crucial to our growth, we have an<br />

experienced team with extensive<br />

connections. Sales are being generated<br />

through both outlets. Unfortunately,<br />

most companies want you to sign a<br />

JR – There is obviously a lot of<br />

competition within this space but<br />

Classidocs is user friendly and<br />

doesn’t require upkeep. It’s easy,<br />

effective, and simplified.<br />

ME – What about BIGID? How do<br />

you feel about their win at the<br />

sandbox?<br />

Can you elaborate on your<br />

relationship with SVB.<br />

JR – I cannot release any other<br />

information outside of what I said in<br />

that PR.<br />

Me – How about WTP?<br />

JR – Being a top law firm WTP is<br />

very expensive so we use them when<br />

anyone could discern. Jason broke it<br />

down to me with clear speech and<br />

passionate enthusiasm. I never thought<br />

a data security demo could be so<br />

captivating! Feeling the pressure from<br />

the gaze of the next group in line, I knew<br />

this was my chance to ask Jason some<br />

important questions. Questions I<br />

compiled from curious investors like<br />

myself. Jason was very open to<br />

engaging with me on these issues<br />

making my job a lot easier.<br />

NDA saying you will not release that<br />

they are a client. After all, I am in the<br />

security business.<br />

Me – Now that I see you are also selling<br />

it yourselves, what is your target<br />

market? Are you going after small,<br />

medium, or large companies?<br />

JR – Our target market is 50,000 users.<br />

2,000 being on the small side and<br />

200,000 being what we consider larger.<br />

When you are meeting with a larger<br />

JR – I think it’s great. Although, I'm<br />

not worried about them getting in the<br />

way. I'm aware of them and I can<br />

cope with them as competitors at any<br />

time.<br />

Me – What are your plans for tech<br />

support? Are there certain hours<br />

available?<br />

JR – Our software doesn’t require<br />

much maintenance. If they change<br />

their platform or make a change<br />

necessary. They are highly informed<br />

of all things GDPR and they are a<br />

key factor in our growth as a<br />

company.<br />

Me – As your probably already know<br />

there are a lot of investors waiting on<br />

financials. Do you intend to comply<br />

with the upcoming deadline to<br />

release?<br />

JR – Being a pink sheet, we do not<br />

have a deadline to release. Of course<br />

Me – How are you enjoying the<br />

experience so far Jason?<br />

JR – It’s been great! Very excited about<br />

the opportunities that have presented<br />

themselves here.<br />

Me – Good to hear! Now I know these<br />

conferences are a perfect place to meet<br />

potential clients. Is this your<br />

bank there is a lot of chiefs in the room.<br />

They are harder to please and require<br />

larger overhead to keep them happy.<br />

We are targeting medium sized<br />

companies such as smaller banks and<br />

insurance agencies. We will never turn<br />

down a sale but this is our main focus.<br />

Me – I see. So being a start-up, who are<br />

your main competitors and how is<br />

within the system they will notify us.<br />

Although this is rare, we make<br />

ourselves available when need be.<br />

For the most part, our software<br />

doesn’t require much upkeep once<br />

it’s installed.<br />

Me – Thanks for answering those<br />

questions Jason. To finish up I would<br />

like to ask about your current<br />

we intend to comply with the SEC,<br />

but in order to do that, first revenues<br />

will need to be audited and other<br />

things of that nature.<br />

Me – Are you auditing your<br />

financials?<br />

JR – I can’t comment on that at this<br />

time.<br />

Classidocs different from the<br />

competition?<br />

business relationships.

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