From: Jeffrey Epstein <jeevacation®gmail.com>

From: Jeffrey Epstein <jeevacation®gmail.com> To: David Stern Subject: Re: AV Interiors Date: Sun, 20 May 2012 14:00:43 +0000 call apt On Sun, May 20, 2012 at 3:57 PM, David Stem < > wrote: As shareholder with 10m - 20m yes, but not full N (in fact Merkin said when he is in these guys (United Health) will come in because they always want to co- invest with him) Can not do N politically and don't need them technology wise: I. What they (HP, IBM, Optum) can offer is of limited value, vanilla applications for the US and other int. markets which are good and useful but not rocket science (cost containment, anti-fraud, etc). 2. We will build a Chinese healthcare payor focused services platform (taking into account and using what has existed for a long time outside of China by those tech companies) that will be handed over to Chinese majority ownership then IPO. It must become a Chinese owned business with no global technology company as shareholder or exclusive/ JV partner because of several reasons incl. Chinese fear of corruption and face. ("why have you chosen IBM or HP or Optum Insight JV Company as your service provider? How much have they bribed you? Why HP and not IBM?" etc.) We are below the radar, home grown, aligned with government policy and (i.e. fast roll out), with management team of former senior government officials. On 20 May 2012, at 14:07, Jeffrey Epstein wrote: so why don't you join venture with them. they have everything you need it seems? On Sun, May 20, 2012 at 2:59 PM, David Stem < wrote: This is the full financial model as we have used until now. I am now preparing a brief presentation with the goal that a 12 year old understands what we are doing. Generally not easy to describe, see US example of similar business: http://www.optuminsight.com/ On 21 May 2012, at 06:08, Jeffrey wrote: > Biz numbers??? > Sony for all the typos .Sent from my iPhone > On May 20, 2012, at 4:23 AM, David Stern < >> http://www.axel-vervoordt.corn/ wrote: >> EFTA00935325 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. copyright -all rights reserved ****************************************** ***************** 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. copyright -all rights reserved EFTA00935326