To: Jeffrey Epstein[jeevacation@gmail.com]

From: Jean Luc Brunel

Sent: Wed 10/28/2009 5:19:37 AM

Subject: FW: <no subject>

Title: FW: <no subject>
------ Forwarded Message
From: Andrew Nikou <██████████████████████>
Date: Mon, 26 Oct 2009 17:41:52 -0700
To: jeanluc brunel <█████████████████>
Subject: RE: <no subject>

Forgot to ask, what did r=l(blond girl) think of me? what is the idea? I tried calling you now

Andrew Nikou

Founder & Managing Partner

OpenGate Capital, LLC

1999 Avenue of the Stars | Suite 1830

Los Angeles | CA | 90067



b-A

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From: Jean Luc Brunel

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.

- 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

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 I 90067

b,

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From: Jean Luc Brunel
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 lUc

End of Forwarded Message