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

me mine. nuouralunt. mal: optait). pâtelani l. asll Intepeltua sad kU6ar ulilay. iad alainak didalatam eMa6a fie amer, .54 rama% larm 14444.614 le. rd chott ph nase Io Muait Muas. lie. on laamy0.4. 2011. /Mana tanne. la. un fettedal ui 1921 sel Is ImAlarteal n SdnuttbartIllmos keel I %tous Vienne howlete. NME slow Ne mg

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

me mine. nuouralunt. mal: optait). pâtelani l. asll Intepeltua sad kU6ar ulilay. iad alainak didalatam eMa6a fie amer, .54 rama% larm 14444.614 le. rd chott ph nase Io Muait Muas. lie. on laamy0.4. 2011. /Mana tanne. la. un fettedal ui 1921 sel Is ImAlarteal n SdnuttbartIllmos keel I %tous Vienne howlete. NME slow Ne mg

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

me mine. nuouralunt. mal: optait). pâtelani l. asll Intepeltua sad kU6ar ulilay. iad alainak didalatam eMa6a fie amer, .54 rama% larm 14444.614 le. rd chott ph nase Io Muait Muas. lie. on laamy0.4. 2011. /Mana tanne. la. un fettedal ui 1921 sel Is ImAlarteal n SdnuttbartIllmos keel I %tous Vienne howlete. NME slow Ne mg