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15% 13% 11% 13% 11% .(luv vun0a fnisa Ilul. Omni Batlreste. bd. Glided Diu» i Ile Inca. Omni. nfloi 0.9•19 0w1.O (II int. tit lbw BA.. Nanda liwywie. ht.1/4 ....I1ø.ø. Cleumua ai Hannah:et te ',maw aelChnnute d lined Canna." fl it( Euntne ~ca. hasilan Dinnfir and Matta el linerd Carve.
ear holding period. Therefore, hereafter, references to the FMV study refer only to those securities with a two-year holding period. CONFIDENTIAL i wras LLC 74 EFTA00307469 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of June 20, 2011 • Market Price Volatility. Companies with greater volatilit
15% 13% 11% 13% 11% .(luv vun0a fnisa Ilul. Omni Batlreste. bd. Glided Diu» i Ile Inca. Omni. nfloi 0.9•19 0w1.O (II int. tit lbw BA.. Nanda liwywie. ht.1/4 ....I1ø.ø. Cleumua ai Hannah:et te ',maw aelChnnute d lined Canna." fl it( Euntne ~ca. hasilan Dinnfir and Matta el linerd Carve.
ear holding period. Therefore, hereafter, references to the FMV study refer only to those securities with a two-year holding period. CONFIDENTIAL i wras LLC 74 EFTA00307368 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of June 20, 2011 • Market Price Volatility. Companies with greater volatilit
15% 13% 11% 13% 11% .(luv vun0a fnisa Ilul. Omni Batlreste. bd. Glided Diu» i Ile Inca. Omni. nfloi 0.9•19 0w1.O (II int. tit lbw BA.. Nanda liwywie. ht.1/4 ....I1ø.ø. Cleumua ai Hannah:et te ',maw aelChnnute d lined Canna." fl it( Euntne ~ca. hasilan Dinnfir and Matta el linerd Carve.
ear holding period. Therefore, hereafter, references to the FMV study refer only to those securities with a two-year holding period. CONFIDENTIAL i wras LLC 74 EFTA00307267 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of June 20, 2011 • Market Price Volatility. Companies with greater volatilit
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