Epstein Secrets

xpand capacity and lower its unit cost while being capital lean. Due to lower U.S. raw material (bottles, caps, cartons, etc.) and labor costs, the Flexitank to U.S. strategy produces U.S. landed cost savings of approximately $4.00 per case versus the cost of importing bottled product. In 2010, following

stributors Chesapeake Beverage Group DPI Specialty Distributors Peerless/Crescent Oak & Boening Spirit & Sanzone Gretz Beer Penn Distributors Haddon House Location DC DE MD Mid-Atlantic NJ NY NY PA PA CT. MD. DE, DC Figure 5: Bottled Water Value Chain (% of the Retail Sales) ---- . Isbre C

,000,000 Annual Maximum = $1,535,815 Annual Maximum I H 9 IS B kE EFTA00605080 Isbre Holding Corp. Landed Cost Differential Norway Bottling Flexitank Shipping Tanker Shipping Price to Distributor $12.25 $12.25 $12.25 Transportation Cost $3.44 $2.25 $0.51 Packaging & Bottling Cost $7

n • Haddon House • Tree of Life Philadelphia, PA • Penn. Dist. • Gretz Beer Co. Delaware . Maryland/Wash. M ■ C.B.G. Mid-Atlantic • DPI • Haddon House Texas • Texas-Premium Dist. •in Distribution. .In Negotiations 0 14 1 SB kE EFTA00605085 lsbre Holding Corp. Placement 1-1-2008 6-1-2008

um = $1,535,815 Annual Maximum f • -a. 9 ISBRE EFTA_R1_01521663 EFTA02444741 lsbre Holding Corp. Landed Cost Differential Norway Bottling Flexitank Shipping Tanker Shipping Price to Distributor $12.25 $12.25 $12.25 Transportation Cost $3.44 $2.25 $0.51 Packaging & Bottling Cost $7

n House • Tree of Life Philadelphia, PA • Penn. Dist. • Gretz Beer Co. Delaware • N.K.S. Maryland/Wash. D.C. • C.B.G. Mid-Atlantic • DPI • Haddon House Texas • Texas-Premium Dist. i —7-1--- -A ( t ---,--.1 1 s i 1--A, t •In Distribution • •In blegobitions • 14 iSBU EFTA_R1_01521668