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c., Long-Term Study 098o-1996r (Chapter 5) in Robert F. Reilly and Robert P. Schweihs, eds. The Handbook of Advanced Business Valuation (New York: McGraw-Hill, 2000). CONFIDENTIAL I WTAS LLC 94 EFTA00307489 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June so, 2011 • PMV Studyn. FMV conducte
hland Series a-Cs indiL threshold Call irg • Call aro BetweenSeries r-Cs indif. threshold and exercise of common warrants (high) Call ail -Call so Betweenexerciseofcommon warrants (high) and exercise of common options Call •7 Chit s Between exercise of common options ilow)and exercise of common warrantsIC:ell en - Cal
2 mentions1 same-page
Page ?Same page
c., Long-Term Study 098o-1996r (Chapter 5) in Robert F. Reilly and Robert P. Schweihs, eds. The Handbook of Advanced Business Valuation (New York: McGraw-Hill, 2000). CONFIDENTIAL I WTAS LLC 94 EFTA00307388 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June so, 2011 • PMV Studyn. FMV conducte
hland Series a-Cs indiL threshold Call irg • Call aro BetweenSeries r-Cs indif. threshold and exercise of common warrants (high) Call ail -Call so Betweenexerciseofcommon warrants (high) and exercise of common options Call •7 Chit s Between exercise of common options ilow)and exercise of common warrantsIC:ell en - Cal
2 mentions1 same-page
Page ?Same page
c., Long-Term Study 098o-1996r (Chapter 5) in Robert F. Reilly and Robert P. Schweihs, eds. The Handbook of Advanced Business Valuation (New York: McGraw-Hill, 2000). CONFIDENTIAL I WTAS LLC 94 EFTA00307287 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June so, 2011 • PMV Studyn. FMV conducte
hland Series a-Cs indiL threshold Call irg • Call aro BetweenSeries r-Cs indif. threshold and exercise of common warrants (high) Call ail -Call so Betweenexerciseofcommon warrants (high) and exercise of common options Call •7 Chit s Between exercise of common options ilow)and exercise of common warrantsIC:ell en - Cal
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