Investment confirmation letter - InstaColl.pdf

Transcript

1. 26, 4th Cross, 5th Block, Koramangala Industrial Layout, Bangalore – 560 095, INDIA 3 1 S T M A R C H 2 0 1 1 This is to confirm that we, Instant Collaboration Software Technologies Private Limited (“InstaColl”, “the Company”) have received the following investments from Bodhi Investments LLC towards equity in the Company and shares have been duly issued for the same as detailed below: Date of receipt Amount in USD Date of issue of shares No of shares issued Type of shares % of Holding of paid up capital November 2006 $246,025 November 21, 2006 4,205 Equity 5.09 December 2006 $149,980 December 6, 2006 1,616 Equity 1.95 December 2006 $1,000,020 December 20, 2006 10,775 Preference 13.03 July 1, 2009 $174,993 July 9, 2009 1,886 Preference 2.28 September 16, 2009 $49,993 September 17, 2009 539 Preference 0.65 A sum of $ 478,975 was received from Bodhi towards investment in the FY 2010-11 for which shares are yet to be allotted. We hereby attest to the following: 1. The shares issued have no restriction on disposal beyond and are free of all charges 2. There were no dividends issued for the financial year ending 31st March 2011 3. There was no bonus issued for the financial year ending 31st March 2011 For Instant Collaboration Software Technologies Pvt Ltd, [SUMANTH RAGHAVENDRA] CHIEF EXECUTIVE OFFICER