Steps and details: 1. Setting up a bank account for Gmed Hong Kong Subsidiary (2 days + HKD 30K cost)2. Drafting of agreements between 1/Gmed and Alan, 2/ Alan and investors and 3/ bank and investors (2 weeks + USD 100k legal cost in advance, which is deductiblefrom final fee)3. Depositing USD 20m into bank account from Gmed Hong Kong Subsidiary, whichcan be recognized by auditor into asset in balance sheet, but not actually touchable by the company, UNTIL someone (company/ controlling shareholder/ 3rd parties) repays this USD 20m
Implying here that Alan Liu is the Alan in the term sheet highlighted in Bold
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