EFTA01118832.pdf

Valuations 9/30/12 EFTA01118832  JEE and Related Entities invesunent Summary 9/30112 Cash& Eguman1s Financier Trust Company- (see note below) 4.116,481 J.Epstein 2,409.844 HAZE Trust 628 202 FT Real Estate 84480 Eastern Interests 107.339 J.Epstein VI Foundation 5.484.911 COUCI 255 Total Cash 8 Equivalents 12,831.582 Len Cash in °Dwane Accounts (1.878,413) Cash In Foundations (5.592,505) 17.270.918) TorsiAvertable Cash 8 Equivalents JP Morgan Trading Account (cash. securities. Den/Rives). FTC- See Note A 68.447.789 JP Morgan Trading Account (cash. securities. DriltiveS)- HAZE 22.506.784 Marketable Secunties •(hltv) 8265.419 Investment Island Yacht Harbor (per JEE) 1,000.000 Settlements -062 76.000.000 Partnership Investments 108,600.428 (see attached schedule) Total • 290 ss401 064 Value Above 290.401.064 Ackustments Operating Cash 1,678,413 Loans Receivable 1,921.971 T018I per attached valuation schedule 294.001448 • investment partnerships are settect to various restriction on withdrawals. and therefore, 294,001.448 the timing of availability of funds wilt be so timiled NOTE A The JPM trading account was funded with 575 Mitka, During July 2011 we withdrew $ $2,478,520 On 2/14/12 the account was reduced by $501.930 for the purchase of 16.535 Ariad Pharmaceuticals 8 2095 Biogen IDEC on 5122112 the account was reduced by 11,330.000 for the purchase of 35.000 shares of Faceboot In August 2012 the account received 5349.402 from the sales proceeds od 17.500 sh of Facebook On 9/12/12 the account was reduced by S10mm for the transfer to Mort Inc EFTA01118833  J. EPSTEIN 8. RELATED ENTITIES VALUATIONS CASMLIAINUTIES.INVES17.1ENTS 9730/12 FINANCIAL TRUST COMPANY 08/31/12 09/30112 01/01/12 YTD September ACCOUNTS VALUATION PERFORMANCE P MORGAN- Cash 432.125 370.159 JP Morgan Trading Account 77.834.347 68 447.789 J P Morgan- Securrees 4452.578 4.949.839 Other Bank Accounts 219.312 179,544 JPM (Bear Steams) 5635.116 6.044451 INVESTMENTS AP TECHNOLOGY(LEON BLACK) 150.000 250,010 AP Ste. INVESTOR 1.800.003 3000.000 TUDOR FUTURES 16.442.468 16.415.033 15.917.480 313% -0.17% HIGIOIRIDGE CAPITAL 13140 070 Hi 198.11e 17 097,994 643% -0.23% ML HERTZ 3.641.771 3,622.302 RENAISSANCE INST EOUITY FUND 1.344.442 1.320.305 1231.362 766% -1.35% July August BEAR STEARNS Asset Backed Secures. (7/31/09 rack 331,882 331,882 Envimormmtat Selmons (stock certificale) 758.934 857.907 SetOements DO ZWIIN SPECIAL OPPURTUNITIES FUND 76000.000 /6.000.000 see toomole JMrey Epstein INVESTMENT Island Ya Harbor 1.000.000 1.030003 FT Real Estate (cash baler.* 84400 84.480 FT Real Estate - Imestmeel In She at cost 920300 920.503 FT Rae Estee • Escrow GelUmble Warms 500.000 580,003 CHECIONG/SAVINGS ACCOUNTS 1 653 832 1.678.413 LOANS DUE FROM INDIVIOUALS 1,981.971 1.821.971 CORE CLUB NOTE 100 000 100.000 BROKERAGE ACCOUNTS JPM (Bear Stearns) 666.536 666,593 J P MORGAN 56.792 56.794 had Inc Mipticom (at cost basis) 10.003.000 (1260233 shares el carman. ►+e 695.301 WINOS of Gar S Pfd) Mere/ Trust 8 044 8.044 HAZE Trust HIGFISRIDGE CAPITAL 33.597.848 33.520.573 31.348.106 633% .0.23% KING STREET NfrstenatiN 22.347.544 22.815.715 21.123.753 7.08% 120% JP Morgan Cash 1328109 62,292 MOG.,M.inanard tKONall 22,265.583 22.503764 TOTAL 293.394 264 294.001448 THESE AMOUNTS 0O NOT INCLUDE HOUSES. AMPLANE.EIXTURES 8 OTHE R *SSE TS There is apprommalley $200.000 in Freedom Air not included atom on 011/12. Freedom Mr lunette JEE $1mom EFTA01118834  Reconciliation of large items Value 8/31/12 293,394,264 Partnerships (16,097) see below JPM Trading account- FTC 813,442 JPM Trading account- I-IAZE 241.181 Securities 790,365 Dividendshnterest 608 AP Technology Partners Distribution 27,329 cash spent: JEE (1,135.419) FTC (129,097) cash received BSABS 14,872 miscellaneous total 294.001,448 Value 8/31/12 294,001,448 Partnerships FTC TUDOR FUTURES (27,435) FTC HIGHBRIDGE CAPITAL (41,952) FTC ML HERTZ (119,469) FTC RENAISSANCE INST EQUITY FUND (18,137) Haze HIGHBRIDGE CAPITAL (77,275) Haze KING STREET 268,171 (16,097) DBZ• This is based on the following assumptions: 1) the fund will recognize a withdrawal amount payable to Jeepers totaling $70 million 70O00,000 2) Jeepers will receive an interest of G Dubins ptshp interest valued at approx $3.8 million with a 5,000,000 backstop payment from G. Dubin equal to the excess of $5 million over the aggregate value of all distributions made with respect to this investment 3) JEE will pay $1 million for Zwirns interest in Corbin. JEE will rercieve all distributions upto $2 million 1000,000 and the remaining distributions will be divided 50/50 between JEE and Zwim 76 000 000 The June 30,2011 valuations(prior to the settlement) valued DBZ at 18,688,906 (May valuation) + 44,850,660 receivable . Total was 63,539,566. Thus the value as a result of the $76 million settlement increased by 12,460,434 from the valuation reported on June 30,2011 EFTA01118835  JEE and Rolled elites Casn Summary 9,30/12 FTC JPM 370 159 JP/41(8ear Steams) 3,566 778 Bank accounts 179544 4116.48, JEE Bank accounts 1.678.413 1.678.413 JPM (8ear Steams) 666.593 JPM 56.794 Butlerffy Trust (BON Slums) 1.044 2.409.844 HAZE Tnasi JPM. 1.21.292 620.292 FT Reni Estate 84.460 04.460 Epstein interests 107.339 J Epstein VI FO1481441 5.340.913 J Epstein Vi Fardatton(acoved int) 143,998 C01.1O 255 5.592.505 Total Caen 12 831 592 12131 512 MI6 does not maid. caste in JP Morgan traCeng account EFTA01118836  JEE and Related En ties Avatable Eqully for kwastrnents 9/30/12 Stecurtehas Long e Falr Market Value 9/30112 4/31/12 galn(loss) 13,196.711 Enviincenental SOlutiOns Roca certificate 857.907 756.934 96.973 70.500 Altana Retail at JPM ((wned), Bear Steams) 1.512.225 1.395500 116.325 151,494 Envimomartal Solutions at JPM ((ormedy Bear Steams) 9.847 8.711 1.136 20.000 80ml:either M JPM ((onnedy Bear Steams) 75.040 71525 4515 21.753 JP Morgan at JPM ((oonedy Bear Steams) 880.561 807.906 72.655 263.157 Apollo Global Management at JPM 3557,882 3.489.482 966.420 17500 Facatook (putchned 512/12) at JPM sold 17.500 August 378.050 316.050 63.000 16.536 Ailed Phannaceutcals at JPM 400.312 339,980 60.352 2,095 Blogen IDEC at JPM 312,595 307,106 5,489 624549 7.495.054 790,365 JPM Trading (see attached) unrealzed 7.180514 Net P812010 (1,519.390) wait:W.2010 (6.959,209) Not Pal 2011 (741.082) reakted-2011 1.541549 Net Pal 2012 9.668.288 reamed.2017 5 645 981 7,406.836 7406,636 Investments ale 9/30/12 at Fair Markel Value FTC TUDOR FUTURES 16.415.033 FTC HIGHI3RIDGE CAPITAL 111.198.118 FTC MI HERTZ 3.522.302 FTC RENAISSANCE INST EQUITY FUNO(Augis) 1328305 FTC ABS That Oast variation 7/31/09 FTC recenes own* dlitribuliella) 331.882 HAZE HIGI4BRIDGE CAPITAL 33.520573 HAZE KING STREET 22.615.715 FT Really Advance SW LLC (cost Owls) 700.0130 FT Really Lofts 21 LLC (cost basis) 225500 FT Rwatty Escrow 'Columbia Hdangs 600.000 Mon Inc Alipescom (cost ban) (1.180.333 sh confines,. 695301 sh Sear 5 p(d) 10.000.000 107 360 428 FTC AP TECHNOLOGY(wHIe down) 260.030 FTC AP SHL INVESTORS (rile doom) 1.000.000 1.260.000 Total Partnership Inveslments Itft 803 428 EFTA01118837  ENHANCED EDUCATION 9(30/12 PARTNERSHIPS 8 RECEIVABLES TOTAL CASH SECURITIES 5.209294 143.998 5353 292 BEAR STEARNS 131.619 Her witeree parneed 131.619 BANK GOLDMAN SACHS 143 998 5-484 911 5.340 913 TOTAL 3.465.880 Ellen Group 11/1909 7.5% odetaull Dace (a0xed pay0awns) Soot LANA Shorn 8899 Fear Those Ilettmern reduce bce by perdbATIL) COU0 FOUNDATION 9/30112 PARTNERSHIPS 8 RECEIVABLES TOTAL CASH SECURITIES BEAR STEARNS 255 255 BANK COLMAN SACHS 255 25s TOTAL EPSTEIN INTERESTS 9/30112 PARTNERSHIPS lt RECEIVABLES TOTAL CASH SECURITIES BEM STEARNS 107,339 197.339 BANK 107.339 107.339 EFTA01118838  Environmental Solutions Shares Financial Trust Company Basis Date Shares Cost per share May-05 100,000 at JP Morgan 72,020.00 0.72 (average) 4/21/05 2,352,941 Stock certificate 2,000,000.00 0.85 3/19/10 2,002,959 Stock certificate 1,001,479.45 (Includes 1,479.45 of interest on debentures) 0.50 11/30/10 175,883 Stock certificate premium for conversion from 9% debentures 0 6/30/11 6,333,333 Stock certificate add, shares based on 3/19/10 purchase for 0 consummation of bridge loan financing 6/30/11 2,333,595 Stock certificate 280,031.40 subscription its 0 .12 on 4,531,783 shares 0.12 offer at .51494 sh per share 6/30/11 51,494 at JP Morgan 6,179.28 subscription its O .12 on 100,000 shares 0.12 offer at .51494 sh per share 13 350,705 3.359710.13 151,494 78,199.28 at JP Morgan 13 198,711 3,281,510.85 Stock certificate 13 350.705 3,359,710.13 EFTA01118839  Bear Stearns Asset Sacked Securities Distributions Received FTC Total Putman. 8. Trust Partnership Trust 1/9/08 1,047,291.00 1,047,291.00 3/12/08 431,015.00 431.015.00 4/14/08 147,707.00 147,70700 5/14/08 147,707.00 147,707.00 6/16/08 135,377.00 13537700 7/16/08 110,711.00 110.711.00 8/21/08 110,615.00 110,615.00 9/25/08 110,578.00 110,578.00 10/29/08 92,127.00 92.127.80 11/2S/08 85,953.00 85,9530) 12/22/08 73,670.00 73,670.00 1/23/09 73.67000 73,670.00 2/20/09 73,61400 73,614.00 3/12/09 67,434.03 67,434.00 4/30/09 66,44303 66,443.00 5/29/09 57,986.0) 57,986.00 7/24/09 Note A 84.38700 14,387.00 8/26/09 4791100 47,911.00 9/21/09 35,71100 35.71100 12/2/09 87.89500 87.895.00 1/8/10 25,073.30 25,073.30 2/8/10 31,07384 31,07184 3/8/10 33,60523 33,605.83 4/8/10 22,613.71 22,611.71 5/10/10 26,315.18 26,315.18 6/8/10 25,243.91 25,241.91 7/8/10 19,961.45 1996145 8/10/10 22,01208 22,012.08 9/8/10 24,989.61 24,989.61 10/13/10 20,527.91 20,527.91 11/8/10 23,336.55 23,33655 12/8/10 25134.17 25,234.17 1/10/11 24,623.91 24,623.91 1/33/11 Note 6 25.793.17 25.793.17 2/8/11 26,966.92 26,966.92 3/8/11 26,313.00 26,31300 4/8/11 21,13215 21,11215 519/11 21,557.96 21,557.96 6/9/11 18.678.74 18,673.74 7/8/11 16,69035 16,690.35 8/8/11 15,596.19 15,596.19 9/8/11 16,810 22 16,81022 10/12/11 15,819.76 15,819.76 11/8/11 17,377.32 17377.32 12/8/11 17232.49 17,832.49 1/9/12 18,088.73 1808973 2/8/12 18,611.56 18,61156 3/9/12 19,767.40 19.76740 4/8/12 17,622.23 17,62213 5/3/12 16200.79 16,800.79 6/8/12 17,40150 17,40150 7/9/12 16,165.30 16,165.50 8/9/12 16,602.96 16,60296 9/11/12 14 872.40 14,872.40 Total 3,803,89429 3,113,595.17 695,299.72 3,808,834.89 FTC invested 510,000,000 in Bear Stearns Asset Backed Seaside' on 11/29/06 Distributions are based on maturing assets NOTE A: (represents 2 moods per Dorothy OdefTkV) NOTE Et (audit adjustment in partnership) EFTA01118840  RE. -4S THIS CERTIFIES THAT Mort. Inc. is the record holder ff.260,233) shares of the Common Stock of ALIPHCOMof One Million Two Hundred Sixty Thousand Two Hundred Thirty-Three person or by duly authorized attorney, upon surrender transferable only on the books of the corporation by the holder hereof, in of this Certificate properly endorsed or assigned. A statement of the rights, preferences,:privileges of stock of the Corporation or by any crtificate ofand restrictions granted to or imposed upon the respective glasses or determination of preferences, and the number of shares constitutingseries of shares the designations \y be,>o by each class Corporation. er upintl resu ' and wiktiioharge- 4lie •ncipal office of and the ) " ' • t -. ' iliti...\ • I • I' - it. it:::,..:,,::. i •-• I . ..., i . ..SZ ,:iiis-' a '. -I. i ! I..-• 1 I• I i : 4 I I .... ..." H.- i % IN WITNESS WHERHOP;:the Conto I j \ ./., I irl • ; 4€:.. ...::+41.7 nplias caused this .Certficat040,ne s'i by. heInt3t.luth September, 2012. ' •,.. rs this day of No CS CO•••••••• •••••11•11 EFTA01118841  EFTA01118842 .\ ;,\\\ %- 1111111111111t1,A alp jo ammo led. •uo9eiodsco pue sseia qsea &gunman° sags jo Jaqvurtu atu pile suoReu2rsap am gsaouarejaid jo uo!nruutuaspjo necona ,Cue Aq JO uopesodsop semis jo sa!sas .ro sassep angoadsat aip uodn pasodtu! JO (34 pamea suonowsat pue an jo law jo saSaunpd `saauanjaad `sniSia aqs jo waumels V •paufhsse JO pasiopua Apadold ut 'loamy Japloy alp A uonesoiboa ay; jo slooq ay ;waggly spy jo JapUOJAIS uodn %onions pazpoinne 'Sup A JO uossad uo Aluo (I 0CS69) ;up parpunn aorta pussnotu an!g-matuN pa/punt-Iamerajtuen PICOHdliV jo CIS pauajard s sauaS am jo some los jo aaploy picoar alp s! •auj 'vow ivH1 n[41.13133 Slily  Financial Trust Company Analysis of InvestrnentS Investment FMV unreahted 9730/12 Giin(loss) ML Hell2 12/15/05 1100.000 distnbutsons 8/11/06 (2.160.021) distributions 12/11/00 (560.0061 disbibu0ons 7/2697 (2.440.908) dnmbut0ns 4/20/11 (1,297.152) (1,358.285) 3.522.302 4.880 587 redemption partnership is Mould and therefore no radampeons Sowed status original investment of 500.000 Sh HTZ. Received chistributal of 112.744 and 92.269 sh of WIZ. Current undcatring investment is 294.966 sh nil Valuabon is based on Me value of HTZ (9/30/12. 113 73/per share) 85 ABS 1102996 10.000.000 distributions (3,808,895) 6,191,105 331982 (5869.223) Hohbri090 Capital Corp 1/11/01 25.000.000 dombutons 2/28/06 (25,000,000) 18,198,118 18.198 118 This represents Me LOS of Highbridge Capital Corp and H8 Misb-Strategy Holdings Ltd DB Zwen 4/29/02 10.000.000 8/3902 10.000.000 12/292 39000900 6/2/03 10.000.000 irsios 20.000,000 80,000,000 76,000,000 (4900.000) DK. settlement This is based on the following assumptOnS the fund will resounde a wevdrawsl amount payable to Jammers totaleg 110 moon 70.000.000 Jeepers wit receive an interest of G Dubins ptshp interest valued al approx 53.8 million with a 5.000.000 backstop payment from G Dube/ equal to the excess of 65 mason over the aggregate value of all distributions made with respect to this invesbnent JEE wie pay 11 make for Zwims interest in Corbin JEE will redeye all distributions uplo $2 rneion 1.000.000 and the remaining disinbueons will be divided 50/50 between JEE and Zewn 76 000 000 AP SHL from AP Technology 1/1102 910.562 7/7/07 (122,570) 7/14/08 (107.048) 4/24/10 (154,507) 626.437 250.000 (276,437) (Per Me AP Technology Mar- Nov 2000 1,222.0134 1/9/02 1.000.000 To AP Sit 1/9/02 (910.562) 12/23439 (55.417) 8/28/12 (27.329) 1.228.776 1,000,000 (228,776) (Per !GE) Cearoup Renaissance 8/21/06 1,010,000 1,326,305 318,305 August Tudor 1/3001 5,000 000 19415933 11,411033 EFTA01118843  Haze Trust Analysis of Investments Investment FMV unrealized 9130/12 Gain(loss) Highbridge Capital 4/20199 10,041,666 33,520,573 23,478.907 This represents the total of HighbrIdge Capital Corp. and HB MtatiSlialegy Holdings LW. IGng Street 1111199 10,000.000 7/28110 50% redemption (20,090,787) (10,090,787) 22,615,715 32,706.502 EFTA01118844  1119 2E Y 5f Global Investment Opportunities Group GIO It. ••••••• 1.6•16. at. OTC Derivatives Position Summary 90•11111no Comma* NACW) 11048 YAWS° Mtn crew' .I.4. veoriv nn ann0 ow MOM 4111. liav,4 12.. WXM ," mg 170440 011011, I ., I . vfuM1 11 • 11.414•••• inetlai ino c.,.., r ., • an... I.**. or. mower. 41.41-43 I.— o44111... c........• C 4....e. ...I coif om• :"...": Ern., .....3 (.teens 4.d Cana. tvitoi WM.?II Mag. L N. Palx4/1., •••• 411.4.41. 0X0.%0 lU 010 117T. I11OILOO IDM5 ILn 1 . 1.111 1041•01 Pero...! en loomWoorChn -11.)31•41 14/00.0)1 441 010 1' SON 0.1020.1 1)27.410 03 110 40 mei 1 01.7.17 *Moto •now• N. •041014•44% 1).144144 LIMAN 4.1 140 • in% W700 1», In le IO. ye IOW I 44101 09.0 ...I lets.. 10.6.1 I.4...... MIMI cv...0,..p ..."C° v....me.... .......I... ( ...a., C'"''''' " a • ' 4'•-, 1. 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Out v. robin 4I0•14PC It ••••••• Six urt. .1. 04.140... canto... tie la Von /Mt 60.1•11t .p...i /014.51. ........n.r. poo* UM/Ma a Sail•••• • %.4. ..banUtda Ira tur lb *swam, 'bank...rev •c•wlet Owlet. 04e4.1••• ei•W44 s•p. More, 4.4•rnot.4 If arlMoloola IN pre%Iner.•••latultiut 01law ..... IN spin. • ail .e le one*, or .0.4.4/0...•••••••~••taki of441 1.0.0..e.....t .. ... won p.••••••• 00 IN .1.64..3. IS. ••••40...n.••••••.9 ...•• .......1......ta mi. wpviiswier Sala. M ••••••••••••••••• ...Sas W-.1..in...4 iota lee......••••••••••••••........1 1.....vanatowtiiussfatailiene. ~BM. wax. sattomob Mil advt., .1.....na f•... ant- Ka M GOWNIs VW Pass .1asibmg ...sal tarn." bye ro. ve•S...Downpia APO see rocerrrere awn* re Osten re remews ere ea piton sr ride anew/est Ito 44.40, 4-.4•30.• .nvna.:4 a...4a son .no.448.4.•••••• 44 4. •••••••••••• 4., .., rserere 4 ererreregorweerr re Is••••••••••••••••••• ar•or wa......to srrr p tress 'rhos:wooer • Iv ••••••••m•1•••• prim...mm N • .44...••••••••••••••••••••4•••141~ Amnar,O.V.1.44,4.4...t.a.....,.....•• ••••••••••••• •••••••••rownen•Van....•.0.. i nalohne.. umwari44 gasmen • by ••••• 10341)11114•4•404* II Co EFTA01118845  Global Investment Opportunities Group GIO ••••01., Waal% W. OTC Derivatives Position Summary 0............--.. .—r..... Pe apart d lot The MD bon., of Sa pi embev IL 201Z Cumming( • Comparaly ran VAD.141) 14® 1µ101O Lynn GION:S0 1010 111.017Y n% IWIISD 1%7 Writ/t0 07 11 NOM 1 Pa VSte. 20444 .10•04/ 411% VSKAO 0 .1077 MIA ail, VSO. Shod Yen*