EFTA02526568

From: Jeffrey Epstein <[email protected]> Sent: Wednesday, October 28, 2009 10:37 AM To: Jean Luc Brunel Subject: Re: FW: <no subject> Andrew --further details. do you currently have a corp that you would us= for the acqusition? , or would you want to form a new Ilc, if the going p=blic option is viable, maybe a corp makes more sense. ( all the normal add= ons anti) dilution,tag along drag along etc ) - If you want to buy oth=r agencies for paper , a higher valuation may be in our interest. , otherw=se you might consider assuming debt ( lc and irs ) and putting up sm=ller amount of cash. 1.5-2m. With the economic crisis not yet in its sprin=time. there are many things to buy On Wed, Oct 28, 2009 at 1:28 AM, Jean Luc Br=nel < Forwarded Message From: Andrew Nikou <http:/ Date: Mon, 26 Oct 2009 13:37:29 -0700 To: jeanluc brunet achttp:// Subject: RE: <no subject> Hahahah, thanks, we all sometimes need a time out!<=r> Here are the answers to your questions: <mailto > wrote: 1 — yes 2 — no go public for now, however, we always keep the options open for th= future. 3 — Yes I will call you very soon. Andrew Andrew Nikou Founder & Managing Partner OpenGate Capital, LLC 1999 Avenue of the Stars I Suite 1830 Los Angeles I CAI 90067 Office I Fax I US Mobile I French Mobile =font size="5">P=Save a tree. Please only print t=is e-mail if it is genuinely required. From: Jean Luc Brunel (mailto =a>J Sent: Monday, October 26, 2009 4:32 AM EFTA_R1_01666852 EFTA02526568 To: Andrew Nikou Subject: Re: <no subject> =AO Hi Andrew, It was=great to see you dancing like a teenager. I don’t know if your brother works with you but he is also a lot of fun. Coming ba=k to business, as you are aware, the transaction can be structured in many=ways. 1. Do you want the tax benefits? ( contract, depìiation, etc...) 2. Do you want the possibility of taking public=later, if so. Initial transaction needs preparation 3. Do you want this to be he hub of a larger ac=uisition strategy..., i.e. Do you want to buy other agencies for paper? <=pan style="font-size: llpt;">Call me to let me know how you have finishe= the evening. I have an idea as the blond girl with short hair was all ove= you, but I have left early. Best Jean Luc On 10/25/09 2:07 PM, "Andrew Nikou" 1.1 1<http:// w=ote: Hi Jean Luc, Amazing last night! I have to tell you how my night ended! Regarding your email. Lets talk next week. Would this assume that the new c=mpany does not take on the IRS liability? Andrew Andrew Nikou Founder & Managing Partner OpenGate Capital, LLC 1999 Avenue of the Stars I Suite 1830 Los Angeles I CA 190067 Office I Fax I US Mobile I French Mobile P <=ont size="1">Save a tree. Please only print this e•mail if it is gen=inely required. From: Jean Luc Brunel [mailto Sent: Friday, October 23, 2009 3:06 PM To: Andrew Nikou =a>1 2 EFTA_R1_01666853 EFTA02526569 Subject: <no subject> Hi Andrew, On an operating basis-yes, However, to recreatethe network,and current "a=sets",it would take 2.3 years and more money than that. The businesses u=ually are valued at one times revenue. Most recent sales have been a small=multiple of that. I am aware of the potential, as are you. If you prefer, =e can structure it as a convertible preferred. I look forward to hearing f=om you. Best Jean lUc End of Forwarded Message ** The information contained in this c=mmunication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the a=dressee. It is the property of Jeffrey Epstein Unauthorized use, di=closure or copying of this communication or any part thereof is strictl= prohibited and may be unlawful. If you have received this communication in error, pêse notify us immediately by return e-mail or by e-mail to [email protected], and destroy thi= communication and all copies thereof, including all attachments. 3 EFTA_R1_01666854 EFTA02526570