Epstein Secrets

ear holding period. Therefore, hereafter, references to the FMV study refer only to those securities with a two-year holding period. CONFIDENTIAL i wras LLC 74 EFTA00307469 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of June 20, 2011 • Market Price Volatility. Companies with greater volatilit

has been slow to sell. Iwo 21100 15 00 1000 5 00 New Home Starts (000's) ° FfitIMITI§Iffiiiii -.a -Eiia.mI$.;g.a. -4.,-a,..-a.a 2 ifillIkiiI/Ifill ›- . a.. -4a -a ..?.. . -A01-= -E- LABOR / CONSUMER STATISTICS According to EIU, the unemployment rate is expected to decrease to an average of 8.o% for

ear holding period. Therefore, hereafter, references to the FMV study refer only to those securities with a two-year holding period. CONFIDENTIAL i wras LLC 74 EFTA00307368 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of June 20, 2011 • Market Price Volatility. Companies with greater volatilit

has been slow to sell. Iwo 21100 15 00 1000 5 00 New Home Starts (000's) ° FfitIMITI§Iffiiiii -.a -Eiia.mI$.;g.a. -4.,-a,..-a.a 2 ifillIkiiI/Ifill ›- . a.. -4a -a ..?.. . -A01-= -E- LABOR / CONSUMER STATISTICS According to EIU, the unemployment rate is expected to decrease to an average of 8.o% for

ear holding period. Therefore, hereafter, references to the FMV study refer only to those securities with a two-year holding period. CONFIDENTIAL i wras LLC 74 EFTA00307267 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of June 20, 2011 • Market Price Volatility. Companies with greater volatilit

has been slow to sell. Iwo 21100 15 00 1000 5 00 New Home Starts (000's) ° FfitIMITI§Iffiiiii -.a -Eiia.mI$.;g.a. -4.,-a,..-a.a 2 ifillIkiiI/Ifill ›- . a.. -4a -a ..?.. . -A01-= -E- LABOR / CONSUMER STATISTICS According to EIU, the unemployment rate is expected to decrease to an average of 8.o% for