Epstein Secrets

y was based on approximately 72 restricted stock transactions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1

12" I.TL t" OM 4141 ..t" -MO 4094 blif% 0" 4".. 111 Tk Ca9n1 4840 nle as hoed «94.4498.1.8144% M..4. a , hieing. oalonsionpunkd ~no al Jr AM boot Ificeopabe%4Woilomon ~al oltud44Jon nikertslal~oro lo Son • es ortení ass, »watt ~no a.- Ida« 14 4 on.15944m10.91841m19•1944•40415494•34.11

y was based on approximately 72 restricted stock transactions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1

12" I.TL t" OM 4141 ..t" -MO 4094 blif% 0" 4".. 111 Tk Ca9n1 4840 nle as hoed «94.4498.1.8144% M..4. a , hieing. oalonsionpunkd ~no al Jr AM boot Ificeopabe%4Woilomon ~al oltud44Jon nikertslal~oro lo Son • es ortení ass, »watt ~no a.- Ida« 14 4 on.15944m10.91841m19•1944•40415494•34.11

y was based on approximately 72 restricted stock transactions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1

12" I.TL t" OM 4141 ..t" -MO 4094 blif% 0" 4".. 111 Tk Ca9n1 4840 nle as hoed «94.4498.1.8144% M..4. a , hieing. oalonsionpunkd ~no al Jr AM boot Ificeopabe%4Woilomon ~al oltud44Jon nikertslal~oro lo Son • es ortení ass, »watt ~no a.- Ida« 14 4 on.15944m10.91841m19•1944•40415494•34.11