From: 
Sent: Wednesday, May 23, 2012 10:16 AM
To: Jeffrey Epstein
Subject: Re: 答复 :

I thought so

From: Jeffrey <jeevacation@gmail.com>
Date: Thu, 24 May 2012 00:16:39 -0400
To: David Stern<us@wintangroup.com>
Subject: Re: 答复 :

No

Sorry for all the typos .Sent from my iPhone

On May 23, 2012, at 3:15 AM, David Stern <> wrote:

Can this be used as security for Merkin....?
All below in Chinese RMB.

Begin forwarded message:

From: Xin Wang <>
Subject: 答复: 答复 : info
Date: 23 May 2012 02:57:38 GMT+01:00
To: David Stern <>
Cc: Queenie Xiao <>, Yidong King <>

David,

Till now book value of fixed assets is CNY1,836,524, which deduct depreciation from original value,
breakdown as below:

Items
Original Value

Depreciation
Book Value
Office Equipment
61,771
13,363
48,408
Computer
382,928
136,325
246,603
Furniture
585,294