EFTA02717796.pdf

From: Peter L. Corsell < Sent: Saturday, April 18, 2015 5:08 PM To: Jeffrey Epstein Subject: Fwd: inStream - Series A Preferred and Convertible Note Investor Update Attachments: Buckingham-BAM announces selection of inStream - logo.pdf; Untitled attachment 00046.htm; inStream - WSJ-Advisor Perspectives-Bob Veres Article.pdt Untitled attachment 00049.htm; Final - Investor Update Letter - 10-28-14.pdf; Untitled attachment 00052.htm And here is relatively recent inStream investor communication. The BAM video illustrates the high level of =ustomer enthusiasm inStream is seeing from RIA firms... Original Message Subject: inStream - Series A Preferred and Convertible Note Investor Update Date: Tue, 28 Oct 2014 12:09:55 -0400 From: John Wotowicz To: John Wotowicz Dear =nStream Series A Preferred and Convertible Note investors, The last 4 months have been both very busy and productive for =nStream. In summary, the company is now well positioned to realize significant =growth on all levels in 2015. The highlights are as follows: Sales On October 20th, Buckingham Asset Management/BAM Advisor Services, one =of the country's largest independent wealth management =nterprises announced that it had selected the inStream planning-centric wealth management software platform to serve the more than 370 advisors representing the more than 140 client firms in its network. This =announcement was the culmination of a nine month, 50+ meeting/call enterprise sales effort involving the entire inStream team and is a true "game changer" due to both Buckingham/BAM's =ize and its stature as one of the leaders in innovation in the wealth management arena. This =strategic partnership was announced at the BAM Alliance 2014 Annual Conference by BAM Managing Director Al Sears who devoted nearly 2 minutes of his 45 minute "5 Year Strategic Vision" =resentation to inStream. The press release is attached and video of Al Sears'=20 announcement is accessible at the following link: http://vimeo.com/110146066. With Mercer Global Advisors and Buckingham/BAM, inStream, in its first =year of commercial operation, has signed two of the largest, highest profile, most desirable and most rigorous clients in the independent advisory arena. This conclusively validates both the value of =nStream to advisors and provides comfort and visibility to wealth management firms small and large as they contemplate their next technology decisions. Usage inStream is now home to more than $6 billion of asset under management =and more than 6,000 financial plans. These figures would position =inStream as one of the top ten largest independent financial advisors if it were an independent EFTA_R1_02165721 EFTA02717796 advisory firm. They also provide a very tangible indicator of inStream's opportunity to rapidly build =arket share and act as an industry consolidator and consolidated point of entry for vendors seeking access to the fragmented independent advisory =arena. Please bear in mind that these figures are prior to any =mpact from Buckingham/BAM. A very positive article on inStream by =inancial advisor industry thought leader Bob Veres was published in last week*=99s Advisor Perspectives and was immediately picked up by the Wall Street Journal (attached). Funding inStream continues to gather funding momentum with total proceeds from =capital raising now in excess of $7 million. Efforts are now =ocused on the closing of an additional $5+ million in the form of a Series B Preferred which will enable the company to continue the development of =the platform/functionality and significantly increase the sales effort =to encompass both small/medium as well as large/enterprise-sized advisory firms. The company has already secured over $1.5 million =n bridge funding of the Series B in the form of a Convertible Note which =includes an initial $500,000 investment from Dean Dakolias, a member of =the Management Committee and Co-Chief Investment Officer of the Credit =Funds of Fortress ($60+ AUM billion leading diversified investment manager) which closed last week. Please know that all investors =re currently eligible to participate in the Convertible Note and will also =be invited to participate in the Series B Preferred once terms have been finalized regardless of whether or not they elected to participate in =the Note. Organization Last week, Alex and I implemented a management reorganization that we have been discussing for the last few months. Alex will now act as =Founder and President while I will now act as Chairman and CEO. We =oth feel that this change will better align our roles with our skill sets, =especially in light of the significant growth of the company over the last few months. I look forward to your questions or comments either by email ([email protected]) or =hone (+1-917-620-3330) and I will keep you updated as our pace continues to accelerate. Many thanks for your continued enthusiasm and support. All the best, John Wotowicz 2 EFTA_R1_02165722 EFTA02717797