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

0110 915.0 134 1.61 wu, ("sud 4 Dale il Cce. leatidt lac Mima Mina LI, %Apt Sunky knatnai Theataset Natal lervestarta. 1111)tatessan. MN %mi Mal ablars. In. øt VmpArd Gant lix Canar Roonbal %M'a*. Lk Mairy lade Belém /*ta. Ottply<3. MM Musa % 373 11.N% 173 101. .115 6686 24111 51

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

0110 915.0 134 1.61 wu, ("sud 4 Dale il Cce. leatidt lac Mima Mina LI, %Apt Sunky knatnai Theataset Natal lervestarta. 1111)tatessan. MN %mi Mal ablars. In. øt VmpArd Gant lix Canar Roonbal %M'a*. Lk Mairy lade Belém /*ta. Ottply<3. MM Musa % 373 11.N% 173 101. .115 6686 24111 51

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

0110 915.0 134 1.61 wu, ("sud 4 Dale il Cce. leatidt lac Mima Mina LI, %Apt Sunky knatnai Theataset Natal lervestarta. 1111)tatessan. MN %mi Mal ablars. In. øt VmpArd Gant lix Canar Roonbal %M'a*. Lk Mairy lade Belém /*ta. Ottply<3. MM Musa % 373 11.N% 173 101. .115 6686 24111 51