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llion. 3.<=span> 4) The past three comparable transactions for c=mpanies in this market average an enterprise value at -10x multiple of EBI=DA a. Wilhelmina: 7x (av=rage meaningful trading multiple since 2010) b.<=pan style="font-size:7pt;color:rgb(31,73,125)"> 40 Creative Artists Agency: 10x (TPG acqui
an> <=span> Not fun=y at all, just factual. I think if we are to ultimately agree on value it will be=important we agree on a set of facts: 1. * TTM EBITDA is $6.7Million. If you disagree, please=let us know precisely what items you disagree with in the number and we ca= discuss. 2. The curre=t cash b
$13.1 Million. 3. The past three comparable transactions for =ompanies in this market average an enterprise value at —10x multiple of =BITDA a. Wilhelmina: 7x (average meaningful trading =ultiple since 2010) b. Creative Artists Agency: 10x (TPG =cquisition, 2014) c. IMG: 13x (WME acquisition, =013)
te: Richard, Not funny at all, just =actual. I think if we are to ultimately agree on =alue it will be important we agree on a set of facts: 1. TTM EBITDA is $6.7Million. If you =isagree, please let us know precisely what items you disagree with in =he number and we can discuss. 2. The current cash b
$13.1 Million. 3. The past three comparable transactions for =ompanies in this market average an enterprise value at - 10x multiple of =BITDA a. Wilhelmina: 7x (average meaningful trading =ultiple since 2010) b. Creative Artists Agency: 10x (TPG =cquisition, 2014) c. IMG: 13x (WME acquisition, 2013)
t =actual. I think if we are to =ltimately agree on value it will be important we agree on a set of =acts: 3 EFTA_R1_01854327 EFTA02632679 1. TTM EBITDA is $6.7Million. If you =isagree, please let us know precisely what items you disagree with in =he number and we can discuss. 2. The current cash b
llion. 3. = The past three c=mparable transactions for companies in this market average an enterprise va=ue at - 10x multiple of EBITDA a. =nbsp; Wilhelmina: 7x (=verage meaningful trading multiple since 2010) b. =nbsp; Creative Artist= Agency: 10x (TPG acquisition, 2014) c. =nbsp; IMG: 13x (WME a=quisi
Richard,<=p> Not funny at all, just fact=al. I think if we are to ultima=ely agree on value it will be important we agree on a set of facts: 1. = TTM EBITDA is $=.7Million. If you disagree, please let us know precisely what items y=u disagree with in the number and we can discuss. 2. = The current cas=
illion. 3. = The past three c=mparable transactions for companies in this market average an enterprise va=ue at —10x multiple of EBITDA a. =nbsp; Wilhelmina: 7x (=verage meaningful trading multiple since 2010) b. =nbsp; Creative Artist= Agency: 10x (TPG acquisition, 2014) c. =nbsp; IMG: 13x (WME a=quisi
fact=al. I EFTA_R1_01393976 EFTA02380050 I think if we are to ultima=ely agree on value it will be important we agree on a set of facts: 1. = TTM EBITDA is $=.7Million. If you disagree, please let us know precisely what items y=u disagree with in the number and we can discuss. 2. = The current cas=
Entities connected to both Wilhelmina and TTM EBITDA

Jeffrey Epstein
PERSONChris Lawler
PERSON
Richard Kahn
PERSONFaith
PERSONNeale Attenborough
PERSON
Marc Rich
PERSONElite Models
ORGANIZATIONTyler Shean
PERSON
Elite
PERSONOpenGate Capital
ORGANIZATIONHBRK Associates
ORGANIZATION
Milan
LOCATIONmore.&nb
ORGANIZATIONCreative Artist= Agency
ORGANIZATIONEquity Value
ORGANIZATION