Epstein Secrets

00 commercial and residential properties. As of December 31. 2011. EPF had portfolio investments throughout Europe with its largest concentration in the United Kingdom. Germany and Spain. EPF has approximately C1.3 billion (41.7 billion using an exchange rate of CLOD to S1.30 as of December 31. 2011) in total capit

. Our manager decides whether to retain separate counsel. accountants or others to perform services for us. See "Item 13. Certain Relationships and Related Party Transactions" for a more detailed discussion of these conflicts. Our operating agreement contains provisions that reduce or eliminate duties (including fiduciary

management may be required to reduce expenses. Basis of Presentation The Company operates a wholly owned sales and customer support subsidiary in the United Kingdom. The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiary. All intercompany accounts a

be made at the discretion of the Board of Directors. Through December 31, 2010, the Company has not elected to contribute to the 401(k) Plan. 10. Related Party Transactions In 2006, a private company owned by a relative of one of the Company's founders, entered into an exclusive distribution agreement with the Company

erialize, management may reduce expenses. Principles of Consolidation The Company operates a wholly owned sales and customer support subsidiary in the United Kingdom. The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiary. All intercompany accounts a

elected to contribute to the 401(k) Plan. 27 EFTA00293559 AliphCom Notes to Consolidated Financial Statements December 31, 2009 and 2008 10. Related Party Transactions In 2006, a private company owned by a relative of one of the Company's founders, entered into an exclusive distribution agreement with the Company