Epstein Secrets

00Nos.asanesicrensol•unan) canuillosasso M1 an newrenassas rl .1.5 newreassas.n In.. Ato Itaitanessilearam.). 01....i.awitteraitnaus.) irtinevp Mantas...nano, tt pan rep emu!) apelesoisan re,'" "InwwJnaNK.ww Fen rn ouya Mai 1.0.9.01/..) wane., rap a..opallsrupnwInvagy vo, 01.0 wens* seamy.

ear holding period. Therefore, hereafter, references to the FMV study refer only to those securities with a two-year holding period. CONFIDENTIAL i wras LLC 74 EFTA00307469 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of June 20, 2011 • Market Price Volatility. Companies with greater volatilit

00Nos.asanesicrensol•unan) canuillosasso M1 an newrenassas rl .1.5 newreassas.n In.. Ato Itaitanessilearam.). 01....i.awitteraitnaus.) irtinevp Mantas...nano, tt pan rep emu!) apelesoisan re,'" "InwwJnaNK.ww Fen rn ouya Mai 1.0.9.01/..) wane., rap a..opallsrupnwInvagy vo, 01.0 wens* seamy.

ear holding period. Therefore, hereafter, references to the FMV study refer only to those securities with a two-year holding period. CONFIDENTIAL i wras LLC 74 EFTA00307368 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of June 20, 2011 • Market Price Volatility. Companies with greater volatilit

00Nos.asanesicrensol•unan) canuillosasso M1 an newrenassas rl .1.5 newreassas.n In.. Ato Itaitanessilearam.). 01....i.awitteraitnaus.) irtinevp Mantas...nano, tt pan rep emu!) apelesoisan re,'" "InwwJnaNK.ww Fen rn ouya Mai 1.0.9.01/..) wane., rap a..opallsrupnwInvagy vo, 01.0 wens* seamy.

ear holding period. Therefore, hereafter, references to the FMV study refer only to those securities with a two-year holding period. CONFIDENTIAL i wras LLC 74 EFTA00307267 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of June 20, 2011 • Market Price Volatility. Companies with greater volatilit