Epstein Secrets

the EIU, and Standard & Poor's Industry Surveys. CONFIDENTIAL I WTAS LLC 17 EFTA00307412 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie so, 2011 HOUSING MARKET Since 2008, the subprime debt crisis has placed downward pressure on economic growth as significant losses from subprime l

sh balance as of the Valuation Dale includes the cash proceeds from the most recent Series 5 round of financing (of approximately 539.5 million from IP Morgan Private Equity). which dosed recent to the Valuation Date. As of For the fiscal }emending December 31, 2008 2009 2010 Val.Dale 2011 2012 2013 2014 2015

the EIU, and Standard & Poor's Industry Surveys. CONFIDENTIAL I WTAS LLC 17 EFTA00307311 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie so, 2011 HOUSING MARKET Since 2008, the subprime debt crisis has placed downward pressure on economic growth as significant losses from subprime l

sh balance as of the Valuation Dale includes the cash proceeds from the most recent Series 5 round of financing (of approximately 539.5 million from IP Morgan Private Equity). which dosed recent to the Valuation Date. As of For the fiscal }emending December 31, 2008 2009 2010 Val.Dale 2011 2012 2013 2014 2015

the EIU, and Standard & Poor's Industry Surveys. CONFIDENTIAL I WTAS LLC 17 EFTA00307210 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie so, 2011 HOUSING MARKET Since 2008, the subprime debt crisis has placed downward pressure on economic growth as significant losses from subprime l

sh balance as of the Valuation Dale includes the cash proceeds from the most recent Series 5 round of financing (of approximately 539.5 million from IP Morgan Private Equity). which dosed recent to the Valuation Date. As of For the fiscal }emending December 31, 2008 2009 2010 Val.Dale 2011 2012 2013 2014 2015