From: Jeffrey Epstein <[email protected]>

From: Jeffrey Epstein <[email protected]> To: Jean Luc Brunel [email protected]> Subject: Re: FW: <no subject> Date: Mon, 26 Oct 2009 10:52:48 +0000 Andrew-- as you are aware the transaction can be structured in many ways. 1) Do you want the tax benefits?„ contract depreciation, etc. 2. ) do you want the possiblity of taking public later.- if so initial transaction needs preparation. 3) do you want this to be the hub in a larger acqusitition strategy.. , i.e. do you want to buy other agencies for paper. On Mon, Oct 26, 2009 at 6:32 AM, Jean Luc Brunel <[email protected]> wrote: Forwarded Message From: Andrew Nikou Date: Sun, 25 Oct 2009 11:07:22 -0700 To: jeanluc brunel <2jeanlucagmail.com> Subject: RE: <no subject> 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 company 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 NMI Office Fax US Mobile I French Mobile Save a tree. Please only print this e-mail if it is genuinely required. From: Jean Luc Brunel imailto:2jeanlucegmail.corn] Sent: Friday, October 23, 2009 3:06 PM To: Andrew Nikou Subject: <no subject> Hi Andrew, On an operating basis-yes, However, to recreatethe network,and current "assets ;it would take 2-3 years and more money than that. The businesses usually 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, we can structure it as a convertible preferred. I look forward to hearing from you. Best Jean lUc EFTA00885013 End of Forwarded Message The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. EFTA00885014