CHAMPAGNE! SEPTEMBER 11,2013 WAPOLIVE INVESTOR NETWORK

(WIN2013) $421M NEW WINNING BID BID 8k AUGUST 5 ASSETS

No

label

Sent to dillonv@washpost.com on Sep 12, 2013, 12:24 AM Show details

From: win 2013 <win2013@inbox.com>

Format:

Plain text

Printable view (in new window)

Open plain text in new window

Show raw source (in new window)

To: dillonv@washpost.com

Cc: ---

Bcc: ---

Replied: --- Location: Sent Mail

Forwarded: --- Priority: Normal

Labels: no label

1 attachment List | Icons | Previews — Save to Storage Hide attachments

sep11bbdWapo.pdf

2.54 MB

ReplyReply AllForwardTrashMore actions... Print

CHAMPAGNE! SEPTEMBER 11,2013 WAPOLIVE INVESTOR NETWORK (WIN2013) $421M NEW

WINNING BID 8k

AUGUST 5 ASSETS

____________________________________________________________

September 11, 2013 The Washington Post Company 1150 15th Street, N.W. Washington, D.C. 20071 Attention: Veronica Dillon Email: dillonv@washpost.com c/o Board of Directors of Washington Post Corporation c/o Chief Financial Officer and Principal Executive Officer and all employees with Sarbanes Oxley Certification requirements reviewing material events for 8k inclusion and Securities and Exchange compliance +regulatory filing . FreeWapo WapoLive aka BroadWebAsia, Inc., a Delaware Corporation 264 South La Cienega Blvd., Suite 1216, Beverly Hills, CA 90211 LivePop Internet Corporation, a Florida Corporation, owner LiveVideo Network ATTN: M&A and General Counsel c/o Brad Greenspan, President 264 South La Cienega Blvd., Suite 1236 Beverly Hills, CA 90211 Hello, we would like to make material updates creating a brand new RE-BID with A new bid thru the pipes of your M&A Committee + plus full board and investment bankers. September 11, 2013 Washington Post Corporation to receive $46 million additional consideration through $421 Million Bid up from the $325 million which dwarfs the $250 million by losing August 5, 2013 bidder, AmazonBezos Group. In addition, rebid group has provided direct evidence of identifying at least one Investor that being buyout firm KKR. Per exhibit (F and F1 is email evidence of Communication with KKR and specifically an individual that was a prior Member of the 13F SEC category of funds which make up the second Source of additional other then KKR as standby and fill in if KKR determines To take less then the full cash funding amount the prior offer plus this offer and the amounts added that and by the terms of the August 5, 2013 letter agreement our Superior bid of August 31, 2013 Provided. New bid consideration is a $46 million dollar payment to Washington Post Corporation parent company in licensing commitments based on retail pricing that Washington Post Corporations receives from its average vendor paying licensing fees. To be paid on a schedule acceptable To the Washington Post Corporation Board of Directors and added as Ryder A to the Letter Agreement form and draft provided to Veronica Dillon in August 31, 2013 bid.

EXHIBIT A- Why Washington Post Company Directors legally have triggered “a reasonable likelihood of success” of “success” of “restraint”. At least for some period of time from a legal challenge filed in Washington D.C. or Delaware. Since Delaware is acceptable to our WAPOLIVE INVESTOR NETWORK (WIN), and preferred by the terms Washington Post Corporation set in its August 5, 2013, allows further proof of the qualifications being met, according to 6(b)(ii), and (f) Termination EXHIBIT B – LIST NEW INCREMENTAL PRO BOARD “DEAL PROTECTIONS” VS. Losing Lower Bidder AmazonBezos lacks since WIN Group already matches those AmazonBest gave WAPO in August 5, 2013 agreement. EXHIBITD‐DETAILS ON PUBLIC STOCK ISSUANCE INCLUDING LIVEPOP INTERNET CORPORATION CONTRIBUTION OF LIVEVIDEO NETWORK EXHIBIT E ASSETS INCLUDE WASHINGTON POST CORPORATION EMPLOYEES NEW $37.5 MILLION SPECIAL BONUS RETAINER EXHIBIT F- INVESTORSYNDICATEBACKGROUND&DIRECTCAPITALRAISINGEXPERIENCE Best Regards Brad D. Greenspan Manager, FreeWapo President, LivePop Internet Corporation Chairman, WapoLive Manager, WAPOLIVE INVESTOR NETWORK (WIN) Manager, WAPOLIVEHQ, Grand Rapids Michigan slated HQ Listed Assets 8kAugust,2013 Chairman, President –BroadWebAsia, Corp Managing Director Social Slingshot Pte Ltd, digital fund and incubator cofunded Singapore National Research Foundation

EXHIBIT A Based on the August 5, 2013 8k disclosed Letter Agreement’s Section 6(b), We plan to file a complaint in Delaware prior to September 30, 2013 on Antitrust grounds that both “challenges” and “seeks” to “restrain or prohibit the purchase of the Post Subsidiary” We believe such action will allow the Washington Post Company to invoke Section “f)” describing Washington Post Company’s “Termination” rights of the Letter Agreement. Further, the evidence provided in Exhibit H should be sufficient for the Washington Post Company to accept our superior bid and invoke section 6(b)(ii) which states, “there shall not be pending any suit, action, claim” that “(A) challenges or seeks to restrain or prohibit the purchase of the Post Subsidiary Securities or any other Transaction” “6(b) The obligations of the Purchaser and the Seller to consummate the Transactions is subject to the satisfaction or waiver of the conditions set forth below: (ii) there shall not be pending any suit, action, claim or proceeding by any governmental authority having a reasonable likelihood of success that (A) challenges or seeks to restrain or prohibit the purchase of the Post Subsidiary Securities or any other Transaction or ( Thisthresholdbyitsowndefinitionisatleast51%chancetobe“Seekstorestrain”Whichistheintentofanylawsuit.f) Termination. This Letter Agreement may be terminated by either the Seller or the Purchaser if (i) there is a material breach of any covenant or agreement in this Letter Agreement on the part of the other party and such breach is not cured within 45 days following receipt by such breaching party of written notice of such breach; (ii) a court of competent jurisdiction or other governmental authority shall have issued an order, decree or ruling or taken any other action, in each case having the effect of restraining, enjoining or otherwise prohibiting the consummation of the Transactions;

EXHIBITBDEALPROTECTIONS1)TheFreeWapoconsortiumisnotrequestingadiligence“out”.FreeWapowouldrequesttoreceivethesameinformationreceivedbytheAmazon/NashInitialBidderandwillsignanondisclosureagreementifrequestedbyWashingtonPostCompany.

2)TheFreeWapoconsortiumwillpayanycashinterestcostsfortheearlysalebenefitWashingtonPostCompanyclaimsexistsorcouldexistwhileattemptingtoclosesuperiorpricedbidherein.Forinstance,ifTheWashingtonPostCompanybelievesitcouldreceive$250milliononSeptember30,2013thruconsummatingtheInitialbid,andtheFreeWapobiddoesnotconcludeuntilDecember30,2013.ThenFreeWapowillagreetopaythefairmarketinterestonthe$250millionthatwouldhavebeengeneratedbyTheWashingtonPostCompanybetweenSeptember30,2013andDecember30,2013.ThisinterestsurpluswillbeaddedtothetotalPurchasePriceasdefinedinthe8kAugust5,2013letteragreement.3)TheFreeWapoconsortiumwillfullyindemnifyWashingtonPostCompanyandWashingtonPostCompanyBoardofDirectorsinswitchingtoFreeWapoalternativebidincludinganycostsoflegalactionsagainstWashingtonPostCompanyBoardofDirectorsorWashingtonPostCompany.*FreeWapowillpayfor100%oflegalcostsexpendedbyWashingtonPostCompanytocompletetheFreeWapoconsortiumacquisitionofferwhichareincrementalcoststoWashingtonPostCompany’sestimatedandplannedlegalcoststoconsummatetheAmazon/Nashacquisitionoffer.SuchcostswillbeaddedtothetotalPurchasePriceasdefinedinthe8kAugust5,2013letteragreement.

• ItsuncontestedtherewasnopublicannouncementoftheWAPOCORPintenttosellordesiretoselltheWAPONEWSassetpriortotheAugust5,2013SEC8kdisclosureofabindingpurchaseagreementbeingexecutedafterapurportedphysicalmeetingbetweenWAPOCORP’sGrahamandAmazonCorpCEOBezoshavingprivatemeetingwhereBezosofferedapurchasepriceandGrahamacceptedwithoutnegotiationorseekingalternatebidders.

EXHIBITC‐LEGALPROCESS Step1:EmailourLegalArmatWapoLiveLegal@inbox.comwithanyproposedrevisionstotheletteragreementprovidedwiththeFreeWapoAugust31,2013datedletterbid,sothatourgeneralcounselandoutsidelawyerscancompleteandprovidearevisedversionoftheAugust5,2013SaledocumentationthatismutuallyagreeablepriortotheSeptember30,2013targetdateforexecution.Step2:MeetingwithTheWashingtonPostCorporationBOARDOFDIRECTORS FreeWapowouldproposetomeetwithTheWashingtonPostCorporationBOARDOFDIRECTORStodiscussproceedingandtorespondtoanyoutstandingquestionsorconcernsifsuchexistorrequirediscussionandclosingtheaforementionedassetacquisitionatasuperiorpricevs.INITIALBIDDERakaAmazonInc.ledgroup.PrincipalsandlegalrepresentativescantraveltoWashingtonD.C.forsuchmeetinganytimebetweenSeptember15–30,2013andthedatecanbesetattheconvenienceofWashingtonPostCorporationanditsBoardofDirectors.Step3:BySeptember30,2013SignmutuallyagreeableLetterAgreementusingtemplateandformTheWashingtonPostCompanyfoundacceptablepertheAugust5,20138kdisclosure.Step4:ApplyforanyU.S.GovernmentregulatoryapprovalrequiredonSeptember30,2013.Step5:IftheWashingtonPostCompanyrequiresanyadditionalagreementstoconsummatethetransaction,thesewillbeconsummatedbeforeDecember30,2013.Closingandfundingofthe$300,000,000cash(plusanylegal/interestsupplementalcostsclaimedandidentifiedbyWashingtonPostCompany)willoccurbyorbeforeDecember30,2013simultaneouswiththeissuanceof$75,000,000inpublicstock.**FreeWapowillleaveittoTheWashingtonPostCompanytodetermineifthe$75,000,000inpublicstockwillbedistributeddirectlytoTheWashingtonPostCompanyShareholdersorTheWashingtonPostCompanywillreceivetheconsideration.

EXHIBITD‐DETAILS ON PUBLIC STOCK ISSUANCE INCLUDING LIVEPOP INTERNET CORPORATION CONTRIBUTION OF LIVEVIDEO NETWORK ASSETSWAPOLIVEwillhaveavaluationof$750milliondollarsatthetimei)$325millionincashisinvestedandorcontributedintoWapoLivepubliccorporationbythe“FreeWapoInvestorConsortium”ii)LivePopInternetCorporationcontributestheLiveVideoNetworkinternetassetsandiii)TheWashingtonPostCorporationsellsand/ortransferstheassetsandliabilitiescitedintheAugust5,20138kLetterAgreement.I)Thepubliccorporationwillundergoa10for1reversesplitimmediatelypriortoconsummationoftheacquisitionoftheWashingtonPostNewspaperassets.2)Publiclytraded,aDelawarecorporation,willundergoanamechangetoWapoLiveCorp.WashingtonPostLiveCorp,oranametobedeterminedatsuchtime.3)Publiclytradedwillissueupto668millionnewcommonsharesintheaggregatetobeissuedtoi)LivePopInternetCorporationforitsassetcontributionandii)FreeWapoInvestorconsortiumforthe$325,000,000cashinvestment4)WashingtonPostCompanyShareholderswillreceive75,000,000sharesofcommonstock*5)AcquirorandmemberofWapoLiveshareholdergroupwillcontributeorholdreservedasofnow9/11/2013**HoldingBWBAwhichcanbeverifiedthatGreenspanownsmorethen50%asoftodayintheSECpublicfilings.ThusaconfirmedandkeyassettotheproposedbuyouthasalreadybeenaccomplishedandiswaitingtobedeployedforbenefitofhigherbidvalueddealforWAPO.thepublicshellcorporation

EXHIBITEASSETS INCLUDE WASHINGTON POST CORPORATION EMPLOYEES NEW $37.5 MILLION SPECIAL BONUS RETAINER EMPLOYEES RELATED TO THE ASSETS LISTED IN AUGUST 5, 2013 8k ASSET TO BE SOLD WILL AS GROUP RECEIVE 5% OF RESERVED UNIT SECURITIES IN NEW PUBLICLY TRADED WAPOLIVE THE FUTURE OWNER OF THE DIVISIONS AND UNITS SUCH EMPLOYEES WORK AT AS OF 9/11/203. SUCH 5% SECURITIES SHALL BE HELD APART IN A TRUST FOR SUCH EMPLOYEES, AND 1/4TH BEING ISSUED AND BEING SELLABLE ON EACH OF THE FOLLOWING DATES, DECEMBER 31, 2014, DECEMBER 31, 2015, DECEMBER 31, 2016, DECEMBER 31, 2017. SUCH # SHARES TO BE NOT LESS THEN IN THE AGGREGATE 5% OF 750 MILLION, SET AT 37.5 MILLION. SHARES TO BE ISSUED ON PRO RATA BASIS BASED ON EMPLOYEE OR CONSULTANT STATUS WITH PROVABLE PAY STUBS WORKING SINCE 9/5/2013 OR FORWARD.

EXHIBITF‐INVESTORSYNDICATEBACKGROUNDDIRECTCAPITALRAISINGEXPERIENCEi)Principal.HasDirectandrelevantmediaM&AandCapitalraisingsuccessasprincipalandwhilePrincipalExecutiveOfficerandDirectorofPublicCorporaiton.Seedeckunderseparateemailsent9/11/2013.ii)Processtoraise$5Billionin2007forWallStreetJournalbysamePrincipal=BestofBreedindustryrealtimeexperienceinsameexactNewsPaperSector.ACompetitoroflistedassetsin8kAugust5,2013.iii)SPECIFICINVESTOREVIDENCE

a) EvidenceisEXHIBITE2whichhas3pagesforsuchExhibit.

b) thefunderorfundmanageratKKRtodaythathelpsevaluatecapitalmarketsM&Awasformerlyanindividualthatwaspartof13FgroupofSECfilingsthatareatExhibitE2page2andExhibitE2page3respectively.Thesetwopagesdetailover100fundsofbanksthatareSECregulatedforbuyingpublicmarketsecuritesandareviewofthesefundscanbedoneatreasonablylittleexpensebyWashingtonPostCorporationDirectors,andtheconsultantsretainedinthesaleofAugust5,20138klistedsaleofassetsthisBidlookstogetnoticeofsuccesstohaveApprovalforWashingtonPostCorporationGeneralcounseltodraftforBoardreview,arevisedversionOftheAugust31,2013letterdatednewbidder’spurchaseagreement.

Statisticallywithbothi)TheKKR100%sourceoffunds(asinvestororlender)oriii)nthealternativefundssufficientfromanofferingtothe13FfundsallofwhichPrincipalandbiddingentityhaswithinlast12monthshelpedsecureeitherliketheKKRemailsshow,$2.49or$3.75pershareintheirownedstockholdings.Thisamountcreatesacredit.ThiscreditcanbecalleduponbyWAPOLIVEakaFREEWAPOGroupbecausePrincipalhereinhasissueditfortheupcomingfundingdateofDecember30,2013. VerifiedasofSeptember11,2013Yes,Iwasthelargestshareholderowiningapproximately10%ofIntermix,inacommoncompanyastheownerslistedinthe13F BradGreenspan (DIGITALSIGNATUREBYTYPOGRAPHY‐BradGreenspan)

EXHIBITF2(3pagesincludingthispage1/3)From: @kkr.com To: livepop@live.com Subject: RE: Intermix settlement Date: Fri, 2 Aug 2013 16:48:12 +0000 Brad I received $2.49 per share and not the $3.75 you referenced. YYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY KKR @kkr.com From: "brad greenspan" <livepop@live.com> To: YYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY Subject: hi pls confirm pershare recovery 2protect s...

From: YYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY@kkr.com> Subject: RE: hi pls confirm per share recovery 2protect shareholders Date: Tue 7/30/13 12:17 PM Hi Brad

Yes – I think it was about $3.75 per share. I have been traveling a ton and haven’t had a chance to check the records. Will reconfirm

Best

YYYYYYYYYYYYYYYYYYYYYYYYYYY