Epstein Secrets

EFTA00307431 AliphCom Common Stock Valuation 00000 As ofJune 20.2011 Income Approach 8) ClIANGE IN DEBT.FREE NET Vit)RKLM:CAFT FAL ('''DENSIC") DEN WC requirements were normalized to exclude execs cash. which was estimated based on three month of cash operating operates. Furthermore. DFNWC requireme

n (New York: McGraw-Hill, 2000). CONFIDENTIAL I WTAS LLC 94 EFTA00307489 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June so, 2011 • PMV Studyn. FMV conducted a study on discounts associated with restricted stocks. The study was based on approximately 597 private placements of restricted com

EFTA00307330 AliphCom Common Stock Valuation 00000 As ofJune 20.2011 Income Approach 8) ClIANGE IN DEBT.FREE NET Vit)RKLM:CAFT FAL ('''DENSIC") DEN WC requirements were normalized to exclude execs cash. which was estimated based on three month of cash operating operates. Furthermore. DFNWC requireme

n (New York: McGraw-Hill, 2000). CONFIDENTIAL I WTAS LLC 94 EFTA00307388 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June so, 2011 • PMV Studyn. FMV conducted a study on discounts associated with restricted stocks. The study was based on approximately 597 private placements of restricted com

EFTA00307229 AliphCom Common Stock Valuation 00000 As ofJune 20.2011 Income Approach 8) ClIANGE IN DEBT.FREE NET Vit)RKLM:CAFT FAL ('''DENSIC") DEN WC requirements were normalized to exclude execs cash. which was estimated based on three month of cash operating operates. Furthermore. DFNWC requireme

n (New York: McGraw-Hill, 2000). CONFIDENTIAL I WTAS LLC 94 EFTA00307287 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June so, 2011 • PMV Studyn. FMV conducted a study on discounts associated with restricted stocks. The study was based on approximately 597 private placements of restricted com