<table><tr><th>From:</th><th>Jeffrey Epstein &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Wednesday, October 28, 2009 10:37 AM</td></tr><tr><td>To:</td><td>Jean Luc Brunel</td></tr><tr><td>Subject:</td><td>Re: FW: &lt;no subject&gt;</td></tr></table>

Andrew --further details. do you currently have a corp that you would us= for the acqusition? , or would you want to form a new Ilc, if the going p=blic option is viable, maybe a corp makes more sense. ( all the normal add= ons anti) dilution,tag along drag along etc ) - If you want to buy oth=r agencies for paper , a higher valuation may be in our interest. , otherw=se you might consider assuming debt ( lc and irs ) and putting up sm=ller amount of cash. 1.5-2m. With the economic crisis not yet in its sprin=time. there are many things to buy

- Email header: On Wed, Oct 28, 2009 at 1:28 AM
- From: Jean Luc [redacted] <[redacted email/URL]>
- Contains: "----- Forwarded Message -----"
  - From: Andrew [redacted] <[redacted URL/email]>
  - Date: Mon, 26 Oct 2009 13:37:29 -0700
  - To: jeanluc brunel <[redacted email/URL]>
  - Subject: RE: <no subject>
- Image shows multiple black redactions over email addresses and URLs.

Hahahah, thanks, we all sometimes need a time out!<=r>
Here are the answers to your questions:

1 – yes
2 – no go public for now, however, we always keep the options open for th= 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

Office

Fax

US Mobile

French Mobile

=font size="5">P=Save a tree. Please only print t=is e-mail if it is genuinely required.

From: Jean Luc Brunel (mailto =a>J Sent: Monday, October 26, 2009 4:32 AM

=AO Hi Andrew, It was=great to see you dancing like a teenager. I don=92t know if your brother works with you but he is also a lot of fun.

Coming ba=k to business, as you are aware, the transaction can be structured in many=ways.

	1. Do you want the tax benefits? ( contract, dep=eciation, 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 ac=uisition strategy..., i.e. Do you want to buy other agencies for paper?

<=pan style="font-size: llpt;">Call me to let me know how you have finishe= the evening. I have an idea as the blond girl with short hair was all ove= you, but I have left early. Best Jean Luc

On 10/25/09 2:07 PM, "Andrew Nikou" <http://w=ote:

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 c=mpany 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

Here are the key entities from the image:

*   **Contact Information:**
    *   Office
    *   Fax
    *   US Mobile
    *   French Mobile
*   **Environmental Message:** Save a tree. Only print if genuinely required.

From: Jean Luc Brunel [mailto =a>1
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 "a=sets",it would take 2.3 years and more money than that. The businesses u=ually 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, =e can structure it as a convertible preferred. I look forward to hearing f=om you.

Best
Jean lUc

------ End of Forwarded Message

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