Epstein Secrets

00 5/31/2015 Van Nuys, California Exuma Is, Bahamas Gulfstream G-650 7/12/2015 Van Nuys, California Denver, Colorado Hawker 400XP 7/19/2015 Vegas, Nevada Page, Arizona Gulfstream III 6/4/2015 W.b. Scranton, Pennsylvania Fort Worth, Texas hoeing 737-400 7/10/2015 Waukegan, Illinois San

ma Denton, Texas King Air 200 5/24/2015 Omaha, Nebraska Jackson Hole, Wyoming Hawker 800XP 5/28/2015 Orlando, Florida Teterboro, New Jersey Gulfstream G-IV 5/29/2015 Orlando, Florida Eagle, Colorado Hawker400XP 7/6/2015 Orlando, Florida Marsh Harbour, Bahamas Citation X 5/23/2015 Page, Arizona

5 Van Nuys, California Monterey, California Gulfstream G-IVSP 6/23/2015 Van Nuys, California Teterboro, New Jersey Gulfstream G-IV 7/19/2015 Vegas, Nevada Page, Arizona Gulfstream III 7/10/2015 Waukegan, Illinois San Antonio, Texas Challenger 300 6/30/2015 West Palm Beach, Florida Willi

Nevada Learjet 60 6/19/2015 Van Nuys, California Monterey, California Gulfstream G-IVSP 6/23/2015 Van Nuys, California Teterboro, New Jersey Gulfstream G-IV 7/19/2015 Vegas, Nevada Page, Arizona Gulfstream III 7/10/2015 Waukegan, Illinois San Antonio, Texas Challenger 300 6/30/2015 West Palm Bea

l family, which competes with the Gulfstream family, has weighed down investor sentiment for large cabin business jets and General Dynamics. However, Gulfstrear’s more conservative production rates, attractive product positioning, higher quality backlog, and better operating performance compared to Bombardier

st, MLPF&S Buy, PO $33 1Q investment thesis MGM is a levered play to improving/accelerating US economic growth. The US makes up 80% of EBITDA (70% Vegas, 20% Macau, 10% US regional) and the company has 4-5x net debt/EBITDA which is high, but coming down to under 4x by end of 2017 which could allow for