Epstein Secrets

t his new company, IDT, into a large media/telecommunications business with successful sales of assets he built from scratch to the likes of ATT and John Malone. Howard deployed some of this cash into additional intellectual property / venture ideas but also grew the business into an "Amazon style" incubato

all of your questions regarding the operations of the Fund or about the exciting opportunity set we are currently deploying capital into. Regards, Adam D. Wyden CONFIDENTIAL 5 EFTA00605928 ADW Capital Partners, L.P. 4/20/2015 IMPORTANT NOTES This report is being furnished by ADW Capital Management, LL

T's Entertainment division for almost $500 MM. IDT Entertainment was a studio that Howard and his team started from scratch and effectively sold to John Malone (Liberty) for $500 MM. IDT Entertainment had no meaningful IP/content and effectively licensed and grew its catalog of content organically. While h

all of your questions regarding the operations of the Fund or about the exciting opportunity set we are currently deploying capital into. Regards, Adam D. Wyden CONFIDENTIAL 4 EFTA00605978 ADW Capital Partners, L.P. I 2/17/2016 IMPORTANT NOTES This report is being furnished by ADW Capital Management,

t his new company, IDT, into a large media/telecommunications business with successful sales of assets he built from scratch to the likes of ATT and John Malone. Howard deployed some of this cash into additional intellectual property / venture ideas but also grew the business into an "Amazon style" incubato

all of your questions regarding the operations of the Fund or about the exciting opportunity set we are currently deploying capital into. Regards, Adam D. Wyden CONFIDENTIAL 5 EFTA00287277 ADW Capital Partners, I 4/20/2015 IMPORTANT NOTES This report is being furnished by ADW Capital Management,__LLC

T's Entertainment division for almost $500 MM. IDT Entertainment was a studio that Howard and his team started from scratch and effectively sold to John Malone (Liberty) for $500 MM. IDT Entertainment had no meaningful IP/content and effectively licensed and grew its catalog of content organically. While h

all of your questions regarding the operations of the Fund or about the exciting opportunity set we are currently deploying capital into. Regards, Adam D. Wyden CONFIDENTIAL 4 EFTA00287290 ADW Capital Partners, L.P. I 2/17/2016 IMPORTANT NOTES This report is being furnished by ADW Capital Management,