Epstein Secrets

230 Requirements) CONFIDENTIAL I WTAS LLC EFTA00307397 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

al% Inlarrul meldegialmnimia: an, magabon ammo worlJno* hs Mamma: Smtecm negeirm <Maps 361 minim a r3tiMbo of wink and mama(' :mean +rph-J1Wfis 4n1 comm h al...)%403 limn« nernots Imams on tumpenm. p01i;a%m mJ pmts. mum/. 444 Itnl and an 04 414 1,841. 111.0 and* &Mkt% ea «WM arphunms anda nhr0.11raJ rar cor

230 Requirements) CONFIDENTIAL I WTAS LLC EFTA00307296 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

al% Inlarrul meldegialmnimia: an, magabon ammo worlJno* hs Mamma: Smtecm negeirm <Maps 361 minim a r3tiMbo of wink and mama(' :mean +rph-J1Wfis 4n1 comm h al...)%403 limn« nernots Imams on tumpenm. p01i;a%m mJ pmts. mum/. 444 Itnl and an 04 414 1,841. 111.0 and* &Mkt% ea «WM arphunms anda nhr0.11raJ rar cor

230 Requirements) CONFIDENTIAL I WTAS LLC EFTA00307195 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

al% Inlarrul meldegialmnimia: an, magabon ammo worlJno* hs Mamma: Smtecm negeirm <Maps 361 minim a r3tiMbo of wink and mama(' :mean +rph-J1Wfis 4n1 comm h al...)%403 limn« nernots Imams on tumpenm. p01i;a%m mJ pmts. mum/. 444 Itnl and an 04 414 1,841. 111.0 and* &Mkt% ea «WM arphunms anda nhr0.11raJ rar cor