EFTA02434725.pdf

To: Jeffrey Epsteinj]eevacation©gmail.com] From: Jean Luc Brunel Sent: Wed 10/28/2009 5:28:52 AM Subject: FW: <no subject> Title: FW: <no subject> Forwarded Messa e From: Andrew Nikou Date: Mon, 26 Oct 2009 13:37:29 -0700 To: jeanluc brunel Subject: RE: <no subject> Hahahah, thanks, we all sometimes need a time out! Here are the answers to your questions: 1 — yes 2 — no go public for now, however, we always keep the options open for the future. 3 —Yes I will call you very soon. Andrew Andrew Nikou Founder & Managing Partner OpenGate Capital, LLC 1999 Avenue of the Stars I Suite 1830 Los Angeles I CAI 90067 +1 310 432 7000 I Office +1 310 868 2813 Fax Mobile French Mobile h-A Save a tree. Please only print this e-mail if it is genuinely required. From: Jean Luc Brunel [mailtoII IIII Sent: Monday, October 26, 20 II . To: Andrew Nikou Subject: Re: <no subject> Hi Andrew, It was great to see you dancing like a teenager. I don't know if your brother works with you but he is also a lot of fun. Coming back to business, as you are aware, the transaction can be structured in many ways. I. Do you want the tax benefits? ( contract, depreciation, etc...) 2. Do you want the possibility of taking public later, if so. Initial transaction needs preparation EFTA_R1_01506507 EFTA02434725  3. Do you want this to be he hub of a larger acquisition strategy..., i.e. Do you want to buy other agencies for paper? Call me to let me know how you have finished the evening. I have an idea as the blond girl with short hair was all over you, but I have left early. Best Jean Luc On 10/25/09 2:07 PM, "Andrew Nikou" wrote: 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 +1 310 432 7000 I Office +1 310 868 2813 Fax Mobile French Mobile IrA Save a tree. Please only print this e-mail if it is genuinely required. From: Jean Luc Brunel [ratill. Sent: Friday, October 23, 200 : 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 Ric EFTA_R1_01506508 EFTA02434726 End of Forwarded Message EFTA_R1_01506509 EFTA02434727