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efta-efta00727193DOJ Data Set 9Other

Global Options Group

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Unknown
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DOJ Data Set 9
Reference
efta-efta00727193
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2
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EFTA Disclosure
Text extracted via OCR from the original document. May contain errors from the scanning process.
Global Options Group GLOI NASDAQ 15.5 million Shares Buy 51% 7,905,000 between $2.25 $17,786,250 Payout from liquidations Witt completed 7.19.10 $9,000,000 cash $1,000,000 escrow Up to $12,000,000 earn out 7.19.11 $22,000,000 Safir Rosetti completed 5.3.10 $3,000,000 cash $500,000 escrow Note $1,750,000 Earn out $2,000,000 5.3.11 Total $7,250,000 FISU completed 7.21.10 $7,500,000 cash $800,000 escrow 7.21.11 Total $8,300,000 Keep Bode asset Bode See attached material $4.5-5.0 mil in free cash 2010 $5.4-6.0 mil in free cash 2011 Total cash for distribution Escrows, notes and earn outs CONFIDENTIAL New total $20,000,000 net after debt repayment, employment agreements, and professional fee agreements Total to be distributed July 2011 $1.29 a share Distributable cash 2.28.11 from Bode $3,500,000 New basis of our holdings =73.5 cents Value of Bode at $5,400,000 free cash x 6=$32,400,000 or $2.09 per share EFTA00727193 Total 51% Per Share 8/10/2010 2/28/2011 Distribute Buy 51% 2010 Bode CF (17,786,250) (2.25) 3,500,000 1,785,000 0.23 7/31/2011 Distribute Asset Sale Proceeds Value of Bode 20,000,000 10,200,000 1.29 7/31/2011 32,400,000 16,524,000 2.09 IRR 64.9% 64.9% EFTA00727194

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