Epstein Secrets

% 1.3% Average 9.6% 110% Median 9.0% 8.0% 32 EFTA00307427 AliphCom Common Stock Valuation (5000s) As of June 20.2011 Income Approach 2) COSTOF GOODS SOLD Cost of goods sold ("COGS, for fiscal years tÁ11 through 2016 were estimated based on Management's Forecast Management expects to olTer m

e the risk-free rate, as Treasury securities are generally viewed by investors as having virtually no default risk. • Equity risk premium ("ERP", Rm — Re. The ERP represents the difference between the expected return on the market portfolio (km) and the risk-free rate (Re. This excess return compensa

% 1.3% Average 9.6% 110% Median 9.0% 8.0% 32 EFTA00307326 AliphCom Common Stock Valuation (5000s) As of June 20.2011 Income Approach 2) COSTOF GOODS SOLD Cost of goods sold ("COGS, for fiscal years tÁ11 through 2016 were estimated based on Management's Forecast Management expects to olTer m

e the risk-free rate, as Treasury securities are generally viewed by investors as having virtually no default risk. • Equity risk premium ("ERP", Rm — Re. The ERP represents the difference between the expected return on the market portfolio (km) and the risk-free rate (Re. This excess return compensa

% 1.3% Average 9.6% 110% Median 9.0% 8.0% 32 EFTA00307225 AliphCom Common Stock Valuation (5000s) As of June 20.2011 Income Approach 2) COSTOF GOODS SOLD Cost of goods sold ("COGS, for fiscal years tÁ11 through 2016 were estimated based on Management's Forecast Management expects to olTer m

e the risk-free rate, as Treasury securities are generally viewed by investors as having virtually no default risk. • Equity risk premium ("ERP", Rm — Re. The ERP represents the difference between the expected return on the market portfolio (km) and the risk-free rate (Re. This excess return compensa