Epstein Secrets

SRLP102 Alpha Group Capital Stratus: Summary Transaction Overview at Entry Overview Business Description Closing Date Capital Structure at Entry' Co-Investors Executiv

e $189 $9 $198 Liquidity/ Leverage • $14 mm to fund potential Call Option losses PF EBITDAO) S66 ($13) $53 % Margin • Net Debta) / PF2014 Bond EBITDA: 3.3x 34.9% NM 26.7% • • Sims rcadv CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL Nobs Pkaon Amodio-Footnotes- and -Sins tha

SRLP102 Alpha Group Capital Airvana: Summary Transaction Overview at Entry Overview Transaction Structure Business Description ■ Leading provider of 3G mobile data softwar

of cash on balance sheet to fund lashes) Entry Valuation & Liquidity/ I el erage Entry Summary Financials (n December 2009A) • .17N('1 / PI 2009A Bond EBITDA: 2.8x EV-DO lemtucell Valuation (Bond) (Call Option) °the:tin Billings Liquidity/ ■ $28 mm of cash on balance sheet at close to fund potent

SRLP102 Alpha Group Capital Digital River: Summary Transaction Overview at Entry Overview Business Description Closing Date Capital Structure at Entry Co-Investors aecu

Commerce ("Call Option") 2014A Cali 4;renue: BITDA (s: • Entry Summary Financials (FY December 2014A) Pmjyt led ( 'Valuation • TEVM / PF2014 Bond EBITDA: 6.6x f‘ in miltioe“ Tour, Savings PI' Total Revenue $372 $372 Liquidity/ • $2 mm of minimum cash on balance sheet PF EBITDM) $49 526(1)

SRLP102 Alpha Group Capital Airvana: Summary Transaction Overview at Entry Overview Transaction Structure Business Description ■ Leading provider of 3G mobile data softwar

nt of cash on balance sheet to fund lashes) Entry Valuation & Liquidity/I el erage Entry Summary Financials (n December 2009A) • 'ID/w / PI 2009A Bond EBITDA: 2.8x EV-DO lemtucell Valuation (Bond) (Call Option) °the:tin Billings Liquidity/ ■ $28 mm of cash on balance sheet at close to fund potent