Epstein Secrets

months of 16. Also running total of cash flo= since inception On Fri i=hard Joslin > wrote: Sending to Brad by han=. John indicated by phone that Judith had looked over.=/span> </=pan> From: John Murphy (mailto Sent: Friday, December 05, 2014 6:50 PM To: Richard Joslin Cc: Diana Ilina Subject: U

ed by phone that Judith had looked over.=/span> </=pan> From: John Murphy (mailto Sent: Friday, December 05, 2014 6:50 PM To: Richard Joslin Cc: Diana Ilina Subject: Updated Model Rich, Final version attached. Also included is the excel version. Regards, John. John Murphru> EFTA_R1_01783366 EFTA0

total of cas= flow since inception wrote: On Friday, December 5, 2014, Richard Joslin mailto Sending to Brad by han=. John indicated by phone that Judith had looked over.=/span> </=pan> From: John Murphy [mailto Sent: Friday, December 05, 2014 6:50 PM To: Richard Joslin Cc: Diana Ilina Subject: U

ed by phone that Judith had looked over.=/span> </=pan> From: John Murphy [mailto Sent: Friday, December 05, 2014 6:50 PM To: Richard Joslin Cc: Diana Ilina Subject: Updated Model Rich, Final version attached. Also included is the excel version. EFTA_R1_01784685 EFTA02598602 Regards, John. John

Eileen Alexanderson Cc: Richard Joslin Subject: Re: Regan Arts Model Eileen/Rich, Please note this version of the model incorporates the changes Judith =equested when Diana and I ran through the model previously with Judith. (P=obably the week before last) I have also sent a version of this PDF and

. John indicated by phone that Judith had looked over. From: John Murphy imailtoO] Sent: Friday, December 05, 2014 6:50 PM To: Richard Joslin Cc: Diana Ilina Subject: Updated Model Rich, Final version attached. Also included is the excel version. Regards, John. John Murphy</=:p> COO/CFO=/span> Pha

ning total of cas= flow since inception On Friday, December 5, 2014, Richard Joslin > wrote: Sending to Brad by han=. John indicated by phone that Judith had looked over.=/span> </=pan> From: John Murphy Sent: Friday, December 05, 2014 6:50 PM To: Richard Joslin Cc: Diana Ilina Subject: Updated M

indicated by phone that Judith had looked over.=/span> </=pan> From: John Murphy Sent: Friday, December 05, 2014 6:50 PM To: Richard Joslin Cc: Diana Ilina Subject: Updated Model EFTA_R1_01356358 EFTA02363201 Rich, Final version attached. Also included is the excel version. Regards, John. John

son; jeffrey E. Subject: Regan Arts Model Attachments: Regan Arts 2015 - Base Scenario.pdf Sending to Brad by han=. John indicated by phone that Judith had looked over. From: John Murphy Sent: Friday, December 05, 2014 6:50 PM To: Richard Joslin Cc: Diana Ilina Subject: Updated Model Rich, Fin

ad by han=. John indicated by phone that Judith had looked over. From: John Murphy Sent: Friday, December 05, 2014 6:50 PM To: Richard Joslin Cc: Diana Ilina Subject: Updated Model Rich, Final version attached. Also included is the excel version. Regards, John. John Murphy</=:p> COO/CFO=/span> 1

s back=list 20%, 30% and 40% Rich we will create th=s pro-forma model, before we formally share with you I would like Diana to=go through this with Judith to get Judith's input and comment.<=o:p> Regards, John. EFTA_R1_01395436 EFTA02380900 From: Richard Joslin [maiIto: Sent: Thursday, December 1

2015 and 2016 royalty cash flow. = The 2016 model is not built (see below) From: John Murphy (mailto Sent: Thursday, December 11, 2014 3:02 PM To: Diana Ilina Cc: Richard Joslin Subject: FW: Updated Model Hi Diana,</=pan> Let's build a pr=-forma 2016 model with the following parameters: Use 2015 P&=L r