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0, 2011 August 3, 2011 Mr. Michael Tamaru Chief Financial Officer AliphCom 99 Rhode Island Street, 3 ni floor San Francisco, CA 94103 Dear Mr. Tamaru: We have completed our analysis of the fair market value of the common equity of AliphCom ("Aliph" or the "Company") on a per share basis (the "Sub
Co4hcf fanaat. Gebat Proulai uil 1.1anSa ne Sr ob*/ Manna, Caemein Cotbaenne.C.CludimesinebtfixilaulMmlwrotSinequellseneeyeetenemx «Chnip.mitirti. Namaakma Govatmit Cttitlin«.ard Mankt u snipa n...e Casino« ISnatta nul Omme km& a bot Man:alamen Garant( Lol Intlabodm thlo.ht. Mottx.f.A AWna Ria Hm%9nmCmmmm,v nJ >kt"( Caip
0, 2011 August 3, 2011 Mr. Michael Tamaru Chief Financial Officer AliphCom 99 Rhode Island Street, 3 ni floor San Francisco, CA 94103 Dear Mr. Tamaru: We have completed our analysis of the fair market value of the common equity of AliphCom ("Aliph" or the "Company") on a per share basis (the "Sub
Co4hcf fanaat. Gebat Proulai uil 1.1anSa ne Sr ob*/ Manna, Caemein Cotbaenne.C.CludimesinebtfixilaulMmlwrotSinequellseneeyeetenemx «Chnip.mitirti. Namaakma Govatmit Cttitlin«.ard Mankt u snipa n...e Casino« ISnatta nul Omme km& a bot Man:alamen Garant( Lol Intlabodm thlo.ht. Mottx.f.A AWna Ria Hm%9nmCmmmm,v nJ >kt"( Caip
0, 2011 August 3, 2011 Mr. Michael Tamaru Chief Financial Officer AliphCom 99 Rhode Island Street, 3 ni floor San Francisco, CA 94103 Dear Mr. Tamaru: We have completed our analysis of the fair market value of the common equity of AliphCom ("Aliph" or the "Company") on a per share basis (the "Sub
Co4hcf fanaat. Gebat Proulai uil 1.1anSa ne Sr ob*/ Manna, Caemein Cotbaenne.C.CludimesinebtfixilaulMmlwrotSinequellseneeyeetenemx «Chnip.mitirti. Namaakma Govatmit Cttitlin«.ard Mankt u snipa n...e Casino« ISnatta nul Omme km& a bot Man:alamen Garant( Lol Intlabodm thlo.ht. Mottx.f.A AWna Ria Hm%9nmCmmmm,v nJ >kt"( Caip
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