<div dir="ltr">Good evening Rick,<p>I think there may have been a miscommunication on our last call. We do not currently have $250M in contracted orders. That figure represents our weighted pipeline, reflecting projected conversion rates based on qualified opportunities to date.</p>
<p>Our current capital situation is quite tight, which is why we’re exploring both a line of credit and a growth-focused cash infusion. As mentioned earlier, these projections were updated to show our anticipated trajectory heading into Q4, when significant government funding traditionally begins to flow.</p>
<p>We’re looking for capital to provide runway for salaries and key growth expenditures ahead of these opportunities solidifying. There are also a few pinch points where funding could directly help us secure larger deals. For example, we began discussions today with DEVCOM regarding a potential 500,000-unit drone order, with the requirement that all manufacturing be US-based and completed within a year. While we can meet those production rates, the challenge is fulfilling the supplier prepayment requirements needed to hold our cost structure at scale.</p>
<p>These figures are rough estimates, pulled together quickly based on our previous pipeline projections. We haven’t had the bandwidth yet to develop a more mature financial model, as our primary focus has been on closing sales profitably and innovating rapidly — which is exactly what has kept us competitive in a very fast-moving market.</p>
<p>Some additional capital would also allow us to pay ourselves reasonable salaries so we can stay fully focused on scaling. Since the beginning, every dollar has gone straight back into growth and expansion, keeping us cash-flow positive but lean. We’re now hitting critical inflection points where meaningful capital could truly accelerate Strategic Logix, rather than staying on the slower organic path.</p>
<p>If you’d like, I’d be happy to share more data on our past performance or talk through exactly how we arrived at the numbers in the pro forma. Just let me know, and I’d be glad to set up a call to walk through it together.</p></div><br><div class="gmail_quote gmail_quote_container"><div dir="ltr" class="gmail_attr">On Tue, Jul 1, 2025 at 7:54 PM Rick &lt;rick@mavrix.one&gt; wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">
    <div id="m_4448751562683407384bloop_customfont" style="font-family:Helvetica,Arial;font-size:13px;margin:0px">Jeremy,</div><div id="m_4448751562683407384bloop_customfont" style="font-family:Helvetica,Arial;font-size:13px;margin:0px">Thanks for these. Interesting for sure.</div><div id="m_4448751562683407384bloop_customfont" style="font-family:Helvetica,Arial;font-size:13px;margin:0px"><br></div><div id="m_4448751562683407384bloop_customfont" style="font-family:Helvetica,Arial;font-size:13px;margin:0px">On our call, I believe you said that you have orders for approx. $250M?</div><div id="m_4448751562683407384bloop_customfont" style="font-family:Helvetica,Arial;font-size:13px;margin:0px">At a basic level and at the 25% profit margin you mentioned, that’s approx. $187.5M…</div><div id="m_4448751562683407384bloop_customfont" style="font-family:Helvetica,Arial;font-size:13px;margin:0px">So, I guess, I’m not sure why you need capital? Can you explain what I’m not seeing?</div><div><br></div><div>Thanks again,</div><div>Rick<br></div><div> <div id="m_4448751562683407384bloop_sign_1751413738034366976"><br></div><div id="m_4448751562683407384bloop_sign_1751413738034366976">
        
     
    Rick Mislan, PhD<br><div><a href="https://mavrix.onehttps://mavrix.onehttps://mavrix.one" target="_blank">https://mavrix.one</a></div><div><img style="height: 11px;"></div>
     
</div> <br><p>On June 30, 2025 at 11:45:59 PM, Jeremy Schnipke (<a href="mailto:jschnipke@strategic-logix.com" target="_blank">jschnipke@strategic-logix.com</a>) wrote:</p> <blockquote type="cite"><span><div><div></div><div><div dir="ltr"><p>Rick,</p>
<p>As promised, attached is a rough Pro Forma. We’ve included estimates for our expected hires as well as projections for converting our current pipeline.</p>
<p>For clarity, we have modeled in drone orders that are currently logged, but have not included any reorders or speculative repeat orders at this point. While we expect reorders to become a significant revenue stream, there isn’t yet enough data to reliably estimate their timing or frequency, since most organizations are still working through their initial purchases.</p>
<p>We did secure a couple of significant wins this afternoon, and we anticipate conversion of several major deals in the near term. This is supported by our collaboration with another company to help address sticking points with DLA and other primary procurement channels.</p>
<p>The projected figures you see are mostly based on recurring small-unit purchases. These transactions tend to provide steady, consistent cash flow and form the backbone of our client relationships, even if they aren’t the largest deals.</p>
<p>Please let me know if you have any questions or would like to talk through our assumptions in more detail — happy to walk through them anytime.</p><div></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Mon, Jun 30, 2025 at 2:36 PM Rick &lt;rick@mavrix.one&gt; wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">
    <div style="font-family:Helvetica,Arial;font-size:13px">There was mention of one drone order at $48M.</div><div style="font-family:Helvetica,Arial;font-size:13px">Can you verify that order or share a somewhat </div><div style="font-family:Helvetica,Arial;font-size:13px">redacted version of that as a scanned image?</div><div><br></div>It helps build credibility.<div>Thanks,</div><div>Rick</div><div><br><div class="gmail_signature">
         
      
    Rick Mislan, PhD<br><div><a href="https://mavrix.onehttps://mavrix.onehttps://mavrix.one" target="_blank">https://mavrix.one</a></div><div><img style="height: 11px;"></div>
      
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</div></blockquote></div><div><br clear="all"></div><div><br></div><span class="gmail_signature_prefix">-- </span><br><div dir="ltr" class="gmail_signature"><div dir="ltr"><p><strong>Sincerely,</strong></p><p>Jeremy Schnipke<br>Chief Executive Officer, Strategic Logix LLC<br>Mobile: 419-203-3215<br><a rel="noopener">jschnipke@strategic-logix.com</a></p></div></div>
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</div></blockquote></div><div><br clear="all"></div><div><br></div><span class="gmail_signature_prefix">-- </span><br><div dir="ltr" class="gmail_signature"><div dir="ltr"><p><strong>Sincerely,</strong></p><p>Jeremy Schnipke<br>Chief Executive Officer, Strategic Logix LLC<br>Mobile: 419-203-3215<br><a rel="noopener">jschnipke@strategic-logix.com</a></p></div></div>