DEWGRANGE CONSUL I ING. SUP MARE. COMMUNICAUIONS BUSINESS DEVELOPMENT MEMORANDUM Extremely Confidential To: Jeffery Epstein From: Newgrange Consulting Group Date: September 30, 2012 Re: Potential USVI Media Business Targets / Election Cycle Operations EXECUTIVE SUMMARY This memorandum has been prepared to cover some of the current media and business opportunities that exist in the Virgin Islands including immediate, short term, mid term, and long term potential business targets. With the upcoming Gubernatorial Election cycle of 2014, there is a window of opportunity to not only have an impact on the territorial elections but to also develop a media enterprise that would have the ability to play a significant role in future elections and would also have the potential to develop into a successful overall multimedia business operation in the Caribbean territory. The sections that follow will outline some of those potential media and business development targets as well as some of the initial steps that need to be taken in order to take full advantage of this current window opportunity. If you believe that the areas outlined below are worth pursuing we can meet to discuss the appropriate next steps, which I would recommend because as stated in our discussions, as well as in the memorandum, this window of opportunity will not remain open indefinitely. Newgrange Consulting Group • N2 Innovations • Newgrange Strategies • The Newgrange Foundation EFTA01123511