Rick,

Thanks again for the candid response — we always appreciate straightforward
conversations.

Looking back, I can see how our reaction may have come off differently than
intended. We’re first-time founders, and admittedly let some of our
excitement about the company’s trajectory drive a more optimistic stance on
valuation than was helpful in that moment.

That said, our hesitation wasn’t about the numbers themselves — it was
about the nature of a full buyout and what that would mean for stepping
away from something we’re still very much committed to building. We’re not
looking to give up our upside, but we are absolutely open to a serious
conversation around a partial (possibly majority) buyout and capital
infusion. One that gives us room to de-risk a bit, inject the resources we
need to scale, and stay fully engaged as operators.

If Mavrix is still interested, we’d be curious to hear where you stand on
valuation, ownership targets, and deal structure. We’re open to finding
something that makes sense for both sides.

Appreciate your time as always,
Jeremy

On Mon, Jun 23, 2025 at 11:00 AM Rick <rick@mavrix.one> wrote:

> HI guys, thanks for the update.
> All sounds promising!
>
> To be honest (which I always am),
> based on the end of our last conversation,
> mavrix will not meet your financial expectations.
>
> I believe you both scoffed at a $50M offer and
> then again you hesitated and said no to $250M.
>
> If I’m wrong in my assumption, please
> let me know where you think mavrix can help.
>
> Respectfully,
> Rick
>
> Rick Mislan, PhD
> https://mavrix.one
> <https://mavrix.onehttps://mavrix.onehttps://mavrix.one>
>
> On June 23, 2025 at 10:29:22 AM, Jeremy Schnipke (
> jschnipke@strategic-logix.com) wrote:
>
> Good morning Rick,
>
> I wanted to follow up after our recent conversation regarding a potential
> investment from Mavrix into Strategic Logix. We really appreciated the
> opportunity to share what we’re building.
>
> Things have moved quickly since we last spoke — we’ve been downselected
> for the SOFWERX Drone-in-a-Box solicitation, have meetings scheduled over
> the next couple of weeks with key members of Congress, FORSCOM, and SOCOM
> leadership, and are finalizing several new capabilities including a fiber
> optic conversion kit, a fixed-wing conversion kit, and a ground vehicle
> conversion kit — all on track for completion within the next three weeks.
> Our calendar is quickly filling with travel and briefings.
>
> We’ve had a few other investors reach out as momentum continues to build,
> and given our shared objectives, I wanted to see if you had any follow-up
> questions or would like to get a time on the calendar to continue the
> conversation.
>
> Looking forward to hearing from you.
>
> On Tue, Jun 10, 2025 at 4:42 PM Andrew Valkenburg <
> avalkenburg@strategic-logix.com> wrote:
>
>> Rick,
>>
>> Looking to check in if/when you'd like to meet again. Had a few trips
>> added for next week, so wasn't sure if you wanted to get together this week
>> at all.
>>
>> --
>>
>> *VISIT OUR WEBSITE
>> <https://d5Fk0J04.na1.hs-sales-engage.com/Ctc/ZY+23284/d5Fk0J04/Jks2-6qcW69sMD-6lZ3p3W4JBM684-zzGgW3R5Z7n4mSPNDW8bJ48z9bnX-yW4_HP487GBDWwW71rpr36Q63q_W1TlDPD95Cm_bW5KJP6448Q5ShN6MBxcgwG_QnW3Z3bhX7fDWQfW2xRyXk3-Bb8HW3zRsdZ1JQh6_W4dKLDY3hLL5rW6WFXrT315_CCW1dNSP14K69dHW8-l0_T99BSLZW260Zgw6TdmHfMFhkNlXdYs9VXJzvm7XFsVLN3TN0klwSz3CW47WTD13TngfCf7h43Jq04>*
>>
>>
>> *Sincerely,*
>>
>> Andrew Valkenburg
>> Chief Operations Officer, Strategic Logix LLC
>> 484-225-9132
>> avalkenburg@strategic-logix.com
>>
>
>
> --
>
> *Sincerely,*
>
> Jeremy Schnipke
> Chief Executive Officer, Strategic Logix LLC
> Mobile: 419-203-3215
> jschnipke@strategic-logix.com
>
>

-- 

*Sincerely,*

Jeremy Schnipke
Chief Executive Officer, Strategic Logix LLC
Mobile: 419-203-3215
jschnipke@strategic-logix.com