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median discounts from the restricted stock studies. SUMMARY OF RESTRICTED STOCK STUDIES [SEC Studies (non-reporting OTC companies [Gelman Study [Moroney Study $Maher Study [Trout Study [Standard Research Consultants Study [Silber Study [Management Planning, Inc. Study [FMV Study [Hertzel - Smith Stud
Inane tax expense 0.0% 0.0% 0.3% 6.0% 7.6% 8.1% 8.1% 8.1% 8.1% Net income -19.9% 0.8% 6.7% 8.7% 11.0% 11.8% 11.8% 11.8% 11.8% For Ile Racal vain ended December 31, For Me fiscal }emending December 31. 31 EFTA00307426 AliphCom Common Stock Valuation 00000 ofJunt 20.2011 Income Appr
median discounts from the restricted stock studies. SUMMARY OF RESTRICTED STOCK STUDIES [SEC Studies (non-reporting OTC companies [Gelman Study [Moroney Study $Maher Study [Trout Study [Standard Research Consultants Study [Silber Study [Management Planning, Inc. Study [FMV Study [Hertzel - Smith Stud
Inane tax expense 0.0% 0.0% 0.3% 6.0% 7.6% 8.1% 8.1% 8.1% 8.1% Net income -19.9% 0.8% 6.7% 8.7% 11.0% 11.8% 11.8% 11.8% 11.8% For Ile Racal vain ended December 31, For Me fiscal }emending December 31. 31 EFTA00307325 AliphCom Common Stock Valuation 00000 ofJunt 20.2011 Income Appr
median discounts from the restricted stock studies. SUMMARY OF RESTRICTED STOCK STUDIES [SEC Studies (non-reporting OTC companies [Gelman Study [Moroney Study $Maher Study [Trout Study [Standard Research Consultants Study [Silber Study [Management Planning, Inc. Study [FMV Study [Hertzel - Smith Stud
Inane tax expense 0.0% 0.0% 0.3% 6.0% 7.6% 8.1% 8.1% 8.1% 8.1% Net income -19.9% 0.8% 6.7% 8.7% 11.0% 11.8% 11.8% 11.8% 11.8% For Ile Racal vain ended December 31, For Me fiscal }emending December 31. 31 EFTA00307224 AliphCom Common Stock Valuation 00000 ofJunt 20.2011 Income Appr
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