Epstein Secrets

Mani Pite16:011) Mis! 'per. MjeA étal?» 4461 111M1wN.164L 16.0 Catraill 51160 Oyama, 3.» Malt (604•116466. 5154714 Ms ha Mn 2.69/10 Ph. Manet Sal 00 MOunIyBA cu 960 lented 0841 valse 118266.4 Lia <ab A. Eanslak sL 110 Faerste Vat 511.017.4 taes 30•n-å tam elWal QUNle L04 mat 120110

tions 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 1993, PP- 459-485. 27 From Bruce Johnson, "Res

Mani Pite16:011) Mis! 'per. MjeA étal?» 4461 111M1wN.164L 16.0 Catraill 51160 Oyama, 3.» Malt (604•116466. 5154714 Ms ha Mn 2.69/10 Ph. Manet Sal 00 MOunIyBA cu 960 lented 0841 valse 118266.4 Lia <ab A. Eanslak sL 110 Faerste Vat 511.017.4 taes 30•n-å tam elWal QUNle L04 mat 120110

tions 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 1993, PP- 459-485. 27 From Bruce Johnson, "Res

Mani Pite16:011) Mis! 'per. MjeA étal?» 4461 111M1wN.164L 16.0 Catraill 51160 Oyama, 3.» Malt (604•116466. 5154714 Ms ha Mn 2.69/10 Ph. Manet Sal 00 MOunIyBA cu 960 lented 0841 valse 118266.4 Lia <ab A. Eanslak sL 110 Faerste Vat 511.017.4 taes 30•n-å tam elWal QUNle L04 mat 120110

tions 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 1993, PP- 459-485. 27 From Bruce Johnson, "Res