000000_Synthonics_ChyloCureBook_Rev031919

Pay initial licensing fee to Synthonics*: $250,000 Transaction costs: $ 25,000 Purchase rotovap and other equipment: $150,000 Initial Build-Out: $ 25,000 R&D expense (absorption and formulation studies): $ 80,000 Operations: $470,000

Use of Proceeds

* All or some of fee may be deferred if proceeds are less than $750,000