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

.5 EL9Lba 1M111 ((e salon. Afrem pt. slure 44..0 Curnali Pau i4.2911) 525.30 51444.4 MIA 4/9941•9 MOA 6: Ren! Let el AttOtt AAM Ika! Canna, Slanes 533.994 Mark, Caplullzadna 51341119 P/g. roti (bb 00 P/g. Mannis 5143 00 Phs 00 lausgul caplid Vake 511411114 149 eub Eysnaleu e• _15941

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

.5 EL9Lba 1M111 ((e salon. Afrem pt. slure 44..0 Curnali Pau i4.2911) 525.30 51444.4 MIA 4/9941•9 MOA 6: Ren! Let el AttOtt AAM Ika! Canna, Slanes 533.994 Mark, Caplullzadna 51341119 P/g. roti (bb 00 P/g. Mannis 5143 00 Phs 00 lausgul caplid Vake 511411114 149 eub Eysnaleu e• _15941

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

.5 EL9Lba 1M111 ((e salon. Afrem pt. slure 44..0 Curnali Pau i4.2911) 525.30 51444.4 MIA 4/9941•9 MOA 6: Ren! Let el AttOtt AAM Ika! Canna, Slanes 533.994 Mark, Caplullzadna 51341119 P/g. roti (bb 00 P/g. Mannis 5143 00 Phs 00 lausgul caplid Vake 511411114 149 eub Eysnaleu e• _15941