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Com Common Stock Valuation 00000 As of Ju ne 20.2011 Income Approach For the fiscal wan ended December 31. For the lima wan ending December 31. AIM/Cale Business Model 20011 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Revenue $145,455 $70.434 $86,781 $144,552 $270,939 $423,644 $586,943
ation Review, December 2001, pp. 4-20; and John D. Emory Sr., F.R. Dengel III, and John D. Emory Jr., "The Value of Marketability as Illustrated in Initial Public Offerings of Dot-Com Companies," Business Valuation Review, September 2000, pp. 111-121. CONFIDENTIAL I WTAS LLC 91 EFTA00307486 WTAS ALIPHCOM - COMMON EQU
Com Common Stock Valuation 00000 As of Ju ne 20.2011 Income Approach For the fiscal wan ended December 31. For the lima wan ending December 31. AIM/Cale Business Model 20011 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Revenue $145,455 $70.434 $86,781 $144,552 $270,939 $423,644 $586,943
ation Review, December 2001, pp. 4-20; and John D. Emory Sr., F.R. Dengel III, and John D. Emory Jr., "The Value of Marketability as Illustrated in Initial Public Offerings of Dot-Com Companies," Business Valuation Review, September 2000, pp. 111-121. CONFIDENTIAL I WTAS LLC 91 EFTA00307385 WTAS ALIPHCOM - COMMON EQU
Com Common Stock Valuation 00000 As of Ju ne 20.2011 Income Approach For the fiscal wan ended December 31. For the lima wan ending December 31. AIM/Cale Business Model 20011 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Revenue $145,455 $70.434 $86,781 $144,552 $270,939 $423,644 $586,943
ation Review, December 2001, pp. 4-20; and John D. Emory Sr., F.R. Dengel III, and John D. Emory Jr., "The Value of Marketability as Illustrated in Initial Public Offerings of Dot-Com Companies," Business Valuation Review, September 2000, pp. 111-121. CONFIDENTIAL I WTAS LLC 91 EFTA00307284 WTAS ALIPHCOM - COMMON EQU
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