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

.62 1.71 NA NN 196.1 11311 51013 510.6 (11391 13.11 et» 0331 lab il laTii 13541 Ot01 22595 3.5 DU 23.7 41501 O.% I17.1) (1611 Laine 91.4711.1 11374.2 51.761.1 51./C0.9 6123 5200 5010 6431 4436 1151.2 I.101.1 1.175.5 1145 oto 104 5730 1959 149.7 55/6 (433.1 134

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

.62 1.71 NA NN 196.1 11311 51013 510.6 (11391 13.11 et» 0331 lab il laTii 13541 Ot01 22595 3.5 DU 23.7 41501 O.% I17.1) (1611 Laine 91.4711.1 11374.2 51.761.1 51./C0.9 6123 5200 5010 6431 4436 1151.2 I.101.1 1.175.5 1145 oto 104 5730 1959 149.7 55/6 (433.1 134

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

.62 1.71 NA NN 196.1 11311 51013 510.6 (11391 13.11 et» 0331 lab il laTii 13541 Ot01 22595 3.5 DU 23.7 41501 O.% I17.1) (1611 Laine 91.4711.1 11374.2 51.761.1 51./C0.9 6123 5200 5010 6431 4436 1151.2 I.101.1 1.175.5 1145 oto 104 5730 1959 149.7 55/6 (433.1 134