The document is a valuation report for AliphCom's common equity as of June 20, 2011. It includes a detailed analysis of the company's financials, industry overview, economic conditions, and valuation methodologies. The report concludes with a valuation of $0.77 per common share, considering a 22.5% discount for lack of marketability. The valuation is intended for tax planning and financial reporting purposes under IRC Section 409A and FASB ASC Topic 718.
documents/EFTA00307193.pdf
{}