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397 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 the fair market value of the common equity of AliphCom ("Al
dAtil.Coaarson ad Mambo altimptemom i okr p t Onert.. Mace 4114400 and 1.140144 n(Oartv.NA NtenholosC44004/64 Woos. lame Dimity and Mask. rdAula Carona Sum Caputl IQ 9. 14 I Pon/ Nor Palm FINS Ter Maw., 11.-3 I .010/1 00, 11,1019 Dc03140111 417/11 2111 70/3 Path Movenni Mont 317.0990 311
296 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 the fair market value of the common equity of AliphCom ("Al
dAtil.Coaarson ad Mambo altimptemom i okr p t Onert.. Mace 4114400 and 1.140144 n(Oartv.NA NtenholosC44004/64 Woos. lame Dimity and Mask. rdAula Carona Sum Caputl IQ 9. 14 I Pon/ Nor Palm FINS Ter Maw., 11.-3 I .010/1 00, 11,1019 Dc03140111 417/11 2111 70/3 Path Movenni Mont 317.0990 311
195 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 the fair market value of the common equity of AliphCom ("Al
dAtil.Coaarson ad Mambo altimptemom i okr p t Onert.. Mace 4114400 and 1.140144 n(Oartv.NA NtenholosC44004/64 Woos. lame Dimity and Mask. rdAula Carona Sum Caputl IQ 9. 14 I Pon/ Nor Palm FINS Ter Maw., 11.-3 I .010/1 00, 11,1019 Dc03140111 417/11 2111 70/3 Path Movenni Mont 317.0990 311
Entities connected to both Rhode Island Street and Carona
ALIPHCOM
ORGANIZATION
George W. Bush
PERSON
Mao Zedong
PERSON
Michael Jackson
PERSON
Joi Ito
PERSON
the Board of Directors
ORGANIZATIONAH Capital Management
ORGANIZATION
Bill Maher
PERSONLeon Black
PERSONSequoia Capital
ORGANIZATIONSaito
PERSON
Eric Trump
PERSONMichael Tamaru
PERSONDoug Band
PERSONTatum
PERSON
Anita
PERSONHewlett-Packard Company
ORGANIZATION
England
LOCATION
the Internal Revenue Service
ORGANIZATION