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

Yea Lel 94441 3.7 Ij.i0 M.A. .16 Lea Yost 1141a0Sti smu SIMI YID 05.1%1 afro Aro NASDAQ YID 014041 DMA Y11) 4.1% IMAM Va. Estop. 11n1 Vat Loam Det431,10/11 OnJ1.309 De011.14.00 &VII 3111 MIT CV Me m". 00% 0,015 0.76. 105. 031' OM % 1111 NM NM 112. 44. 5.1, CV !EMT NM NM

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

Yea Lel 94441 3.7 Ij.i0 M.A. .16 Lea Yost 1141a0Sti smu SIMI YID 05.1%1 afro Aro NASDAQ YID 014041 DMA Y11) 4.1% IMAM Va. Estop. 11n1 Vat Loam Det431,10/11 OnJ1.309 De011.14.00 &VII 3111 MIT CV Me m". 00% 0,015 0.76. 105. 031' OM % 1111 NM NM 112. 44. 5.1, CV !EMT NM NM

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

Yea Lel 94441 3.7 Ij.i0 M.A. .16 Lea Yost 1141a0Sti smu SIMI YID 05.1%1 afro Aro NASDAQ YID 014041 DMA Y11) 4.1% IMAM Va. Estop. 11n1 Vat Loam Det431,10/11 OnJ1.309 De011.14.00 &VII 3111 MIT CV Me m". 00% 0,015 0.76. 105. 031' OM % 1111 NM NM 112. 44. 5.1, CV !EMT NM NM