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 Message
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 | Suite 1830
Los Angeles | CA | 90067

+1 310 432 7000 | 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 [mailto: ]
Sent: Monday, October 26, 2009 4:32 AM
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.

1. 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

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 [mailto:]
Sent: Friday, October 23, 2009 3:06 PM
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 IUc

End of Forwarded Message