Epstein Secrets

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

mated interest expense 0 0 0 0 0 0 0 0 0 Estimated pre-tax income (28,730) 0 3,346 86,093 133,915 160,730 173,557 185,706 196,848 Begiming federal N()Ls 13,00D 13,000 13,000 9,654 0 0 0 0 0 plus: Additional federal N()Ls 0 0 0 0 0 0 0 0 0 Total allowable federal Mt,

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

mated interest expense 0 0 0 0 0 0 0 0 0 Estimated pre-tax income (28,730) 0 3,346 86,093 133,915 160,730 173,557 185,706 196,848 Begiming federal N()Ls 13,00D 13,000 13,000 9,654 0 0 0 0 0 plus: Additional federal N()Ls 0 0 0 0 0 0 0 0 0 Total allowable federal Mt,

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

mated interest expense 0 0 0 0 0 0 0 0 0 Estimated pre-tax income (28,730) 0 3,346 86,093 133,915 160,730 173,557 185,706 196,848 Begiming federal N()Ls 13,00D 13,000 13,000 9,654 0 0 0 0 0 plus: Additional federal N()Ls 0 0 0 0 0 0 0 0 0 Total allowable federal Mt,