Epstein Secrets

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230 Requirements) CONFIDENTIAL I WTAS LLC EFTA00307397 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June 20, 2011 August 3, 2011 Mr. Michael Tamaru Chief Financial Officer AliphCom 99 Rhode Island Street, 3 ni floor San Francisco, CA 94103 Dear Mr. Tamaru: We have completed our analysis of

319 7.6110 7.1614 6.6116 %ma fah ».4914 111811 16.4461 16.3724 laid No IPAE 2553.5 2.611.3 2.4998 2623.6 Ian 19 hatitutnnal 11.1.1. MM Sloan %14.11 1340 A C.4 1369 3.19% Morgan Slink". In.caeranne BMW« AM 1444«irat hmstrican 05.0 10% Gmaarnme Papua FmdAMI 466 1,10% OHM Intxaml M

230 Requirements) CONFIDENTIAL I WTAS LLC EFTA00307296 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June 20, 2011 August 3, 2011 Mr. Michael Tamaru Chief Financial Officer AliphCom 99 Rhode Island Street, 3 ni floor San Francisco, CA 94103 Dear Mr. Tamaru: We have completed our analysis of

319 7.6110 7.1614 6.6116 %ma fah ».4914 111811 16.4461 16.3724 laid No IPAE 2553.5 2.611.3 2.4998 2623.6 Ian 19 hatitutnnal 11.1.1. MM Sloan %14.11 1340 A C.4 1369 3.19% Morgan Slink". In.caeranne BMW« AM 1444«irat hmstrican 05.0 10% Gmaarnme Papua FmdAMI 466 1,10% OHM Intxaml M

230 Requirements) CONFIDENTIAL I WTAS LLC EFTA00307195 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June 20, 2011 August 3, 2011 Mr. Michael Tamaru Chief Financial Officer AliphCom 99 Rhode Island Street, 3 ni floor San Francisco, CA 94103 Dear Mr. Tamaru: We have completed our analysis of