Epstein Secrets

mns4.40gobii 5232311 MILT 11.44.9. NA 52142011 Aalr..r Frm1A Y.nryLLP Ctidoul VIM 0sa1].yan 1~51~ maste TIuSur Vaas, lam Woel Isle Mulb. Lui Vek 101ma Perlarmien R1MM Vim MI 510 Vim NASDAQ II/ DlIA VTD NA 1.14 I.90 428 158 15.3 1553%1 Nf 0,1%1 4.3% ~Ter Talm L ~al Vin [adé.. 1

nd 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, "Restricted Stock Discounts, 1991-95," Shannon Pratt's Business Valuation Update, March 1999, pp. 1.3. CONFIDENTIAL I WTAS LIC 95 EFTA00307490

mns4.40gobii 5232311 MILT 11.44.9. NA 52142011 Aalr..r Frm1A Y.nryLLP Ctidoul VIM 0sa1].yan 1~51~ maste TIuSur Vaas, lam Woel Isle Mulb. Lui Vek 101ma Perlarmien R1MM Vim MI 510 Vim NASDAQ II/ DlIA VTD NA 1.14 I.90 428 158 15.3 1553%1 Nf 0,1%1 4.3% ~Ter Talm L ~al Vin [adé.. 1

nd 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, "Restricted Stock Discounts, 1991-95," Shannon Pratt's Business Valuation Update, March 1999, pp. 1.3. CONFIDENTIAL I WTAS LIC 95 EFTA00307389

mns4.40gobii 5232311 MILT 11.44.9. NA 52142011 Aalr..r Frm1A Y.nryLLP Ctidoul VIM 0sa1].yan 1~51~ maste TIuSur Vaas, lam Woel Isle Mulb. Lui Vek 101ma Perlarmien R1MM Vim MI 510 Vim NASDAQ II/ DlIA VTD NA 1.14 I.90 428 158 15.3 1553%1 Nf 0,1%1 4.3% ~Ter Talm L ~al Vin [adé.. 1

nd 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, "Restricted Stock Discounts, 1991-95," Shannon Pratt's Business Valuation Update, March 1999, pp. 1.3. CONFIDENTIAL I WTAS LIC 95 EFTA00307288