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f the Company as well as an analysis of future growth expectations in our estimation of the Company's cost of equity financing. The SSp was based on Morningstar's Stocks, Bonds, Bills, CONFIDENTIAL I WTAS LLC 27 EFTA00307422 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie 2o, 2011 and Inflation Valu
riabint..44.440bain s4unksa butst imasattedne ulaknammt *aha% mud. pbot. abri nankubb move_ bal legend• 4.411004.4.tudd sibludine4 sadlnuusay, I6 peuluu aul 'casu. poge9411y udepine tlu BluAlkny vendu. plArann. Oe R111 Wucks4 IIauWIJ prJm lee. softnu tluelqunati µNutte. Tb coetpuly's 0941.13m3 smnphrn.ax.ircks
f the Company as well as an analysis of future growth expectations in our estimation of the Company's cost of equity financing. The SSp was based on Morningstar's Stocks, Bonds, Bills, CONFIDENTIAL I WTAS LLC 27 EFTA00307321 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie 2o, 2011 and Inflation Valu
riabint..44.440bain s4unksa butst imasattedne ulaknammt *aha% mud. pbot. abri nankubb move_ bal legend• 4.411004.4.tudd sibludine4 sadlnuusay, I6 peuluu aul 'casu. poge9411y udepine tlu BluAlkny vendu. plArann. Oe R111 Wucks4 IIauWIJ prJm lee. softnu tluelqunati µNutte. Tb coetpuly's 0941.13m3 smnphrn.ax.ircks
f the Company as well as an analysis of future growth expectations in our estimation of the Company's cost of equity financing. The SSp was based on Morningstar's Stocks, Bonds, Bills, CONFIDENTIAL I WTAS LLC 27 EFTA00307220 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie 2o, 2011 and Inflation Valu
riabint..44.440bain s4unksa butst imasattedne ulaknammt *aha% mud. pbot. abri nankubb move_ bal legend• 4.411004.4.tudd sibludine4 sadlnuusay, I6 peuluu aul 'casu. poge9411y udepine tlu BluAlkny vendu. plArann. Oe R111 Wucks4 IIauWIJ prJm lee. softnu tluelqunati µNutte. Tb coetpuly's 0941.13m3 smnphrn.ax.ircks
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