Epstein Secrets

OMMON EQUITY VALUATION REPORT As of June 20, 2011 Cost of Equity — Capital Asset Pricing Model To estimate The Company's cost of equity financing, the Capital Asset Pricing Model ("CAPM") was utilized. The CAPM measures the return required by investors given a company's risk profile. This model is expressed arithmetically by

imn« nernots Imams on tumpenm. p01i;a%m mJ pmts. mum/. 444 Itnl and an 04 414 1,841. 111.0 and* &Mkt% ea «WM arphunms anda nhr0.11raJ rar cormeny's NAMTEQ wgincal ;toad:. maims dgenel m.pmf.mmnlm 0810 100.1 1,441804nIMJ <NM% 461, 04,4401 ~Ink Jea.34 36.1 hauled memareelacim Ja001014.2 maewheas. an.14.1

OMMON EQUITY VALUATION REPORT As of June 20, 2011 Cost of Equity — Capital Asset Pricing Model To estimate The Company's cost of equity financing, the Capital Asset Pricing Model ("CAPM") was utilized. The CAPM measures the return required by investors given a company's risk profile. This model is expressed arithmetically by

imn« nernots Imams on tumpenm. p01i;a%m mJ pmts. mum/. 444 Itnl and an 04 414 1,841. 111.0 and* &Mkt% ea «WM arphunms anda nhr0.11raJ rar cormeny's NAMTEQ wgincal ;toad:. maims dgenel m.pmf.mmnlm 0810 100.1 1,441804nIMJ <NM% 461, 04,4401 ~Ink Jea.34 36.1 hauled memareelacim Ja001014.2 maewheas. an.14.1

OMMON EQUITY VALUATION REPORT As of June 20, 2011 Cost of Equity — Capital Asset Pricing Model To estimate The Company's cost of equity financing, the Capital Asset Pricing Model ("CAPM") was utilized. The CAPM measures the return required by investors given a company's risk profile. This model is expressed arithmetically by

imn« nernots Imams on tumpenm. p01i;a%m mJ pmts. mum/. 444 Itnl and an 04 414 1,841. 111.0 and* &Mkt% ea «WM arphunms anda nhr0.11raJ rar cormeny's NAMTEQ wgincal ;toad:. maims dgenel m.pmf.mmnlm 0810 100.1 1,441804nIMJ <NM% 461, 04,4401 ~Ink Jea.34 36.1 hauled memareelacim Ja001014.2 maewheas. an.14.1