Epstein Secrets

7.4 5.7 .14.9.9%.• Nee beem. 11.8% .21169) MJ% HANS 33 92131 1343 2.2 NA Ns. 1.145. .9.

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

7.4 5.7 .14.9.9%.• Nee beem. 11.8% .21169) MJ% HANS 33 92131 1343 2.2 NA Ns. 1.145. .9.

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

7.4 5.7 .14.9.9%.• Nee beem. 11.8% .21169) MJ% HANS 33 92131 1343 2.2 NA Ns. 1.145. .9.

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