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                                OWNER’S NAME, CEO
                                   COMPANY NAME

                                        ADDRESS
                                 CITY, STATE ZIP CODE

                                         Tel.
                                         Fax:
                                        Email:




                                BUSINESS PLAN




© Copyright 2012 Docstoc Inc.                           1
                                                       Confidentiality Agreement

The undersigned reader acknowledges that the information provided by COMPANY NAME in this business plan is confidential; therefore,
reader agrees not to disclose it without the express written permission of COMPANY NAME.

It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than
information which is in the public domain through other means and that any disclosure or use of same by reader may cause serious harm
or damage to COMPANY NAME.

Upon request, this document is to be immediately returned to COMPANY NAME.


Signature




___________________
Name (typed or printed)




___________________
Date




                                    This is a business plan. It does not imply an offering of securities.




© Copyright 2012 Docstoc Inc.                                                                                   2
                                                                  Table of Contents



1.0 Executive Summary .................................................................................................................................. 1
   1.1 Objectives ............................................................................................................................................ 2
   1.2 Mission ................................................................................................................................................ 2
   1.3 Keys to Success ................................................................................................................................... 2
2.0 Company Summary .................................................................................................................................. 3
   2.1 Company Ownership ............................................................................................................................ 3
   2.2 Start-up Summary ................................................................................................................................ 3
      Table: Start-up ....................................................................................................................................... 3
      Chart: Start-up ....................................................................................................................................... 4
3.0 Products .................................................................................................................................................. 5
      Table: Market Analysis ........................................................................................................................... 7
      Chart: Market Analysis (Pie) .................................................................................................................... 7
   4.2 Target Market Segment Strategy ........................................................................................................... 8
   4.3 Industry Analysis .................................................................................................................................. 8
      4.3.1 Competition and Buying Patterns .................................................................................................... 9
5.0 Strategy and Implementation Summary .................................................................................................... 10
   5.1 Competitive Edge ............................................................................................................................... 10
   5.2 Marketing Strategy.............................................................................................................................. 10
   5.3 Sales Strategy .................................................................................................................................... 11
      5.3.1 Sales Forecast ............................................................................................................................ 11
         Table: Sales Forecast....................................................................................................................... 11
         Chart: Sales Monthly ........................................................................................................................ 12
         Chart: Sales by Year ........................................................................................................................ 12
   6.0 Management Summary ....................................................................................................................... 13
   6.1 Personnel Plan ................................................................................................................................... 13
      Table: Personnel .................................................................................................................................. 13
7.0 Financial Plan ........................................................................................................................................ 14
7.0 Financial Plan ........................................................................................................................................ 14
   7.1 Start-up Funding................................................................................................................................. 14
      Table: Start-up Funding ........................................................................................................................ 14
   7.2 Important Assumptions ....................................................................................................................... 15
   7.3 Break-even Analysis ........................................................................................................................... 15
      Table: Break-even Analysis................................................................................................................... 15
   7.4 Projected Profit and Loss .................................................................................................................... 16
      Chart: Profit Yearly ............................................................................................................................... 17
      Chart: Gross Margin Monthly................................................................................................................. 17
      Chart: Gross Margin Yearly ................................................................................................................... 18
   7.5 Projected Cash Flow ........................................................................................................................... 18
      Table: Cash Flow ................................................................................................................................. 19
   7.6 Projected Balance Sheet ..................................................................................................................... 20
      Table: Balance Sheet ........................................................................................................................... 20
   7.7 Business Ratios.................................................................................................................................. 21
   7.7 Business Ratios.................................................................................................................................. 21
      Table: Ratios ....................................................................................................................................... 21
Table: Sales Forecast..................................................................................................................................... 1
Table: Personnel ............................................................................................................................................ 2
Table: Personnel ............................................................................................................................................ 2
                                                                                                                                                      Page 1
                                                                 Table of Contents



Table: Profit and Loss..................................................................................................................................... 3
Table: Profit and Loss..................................................................................................................................... 3
Table: Cash Flow ........................................................................................................................................... 4
Table: Balance Sheet ..................................................................................................................................... 6
Table: Balance Sheet ..................................................................................................................................... 6




                                                                                                                                                    Page 2
                                                          COMPANY NAME




1.0 Executive Summary

    INTRODUCTION

    COMPANY NAME has developed

    [INSERT COMPANY BIO AND PRODUCT BACKGROUND]

    We are expanding our platform to online Catalogs, Newspapers, Magazines and eBooks self-publishing on iPad. Developers can
    code their application on COMPANY NAME using HTML and JavaScript and utilize those languages to take advantage of native,
    device-specific functionality allowing for the app to access the device camera, address book, compass, gyroscope, accelerometer and
    many others that would otherwise require complex development.

    What have we accomplished?

    Currently COMPANY NAME platform has launched its service and is serving thousands customers. The customer base has grown
    from zero to 4 000 members and a few thousand self-created apps in the first 4 months. The site traction in the first 5 months is 200-
    300% unique visits in growth per month. Currently, we have 60,000 monthly unique visits. We expect to have around 80,000 unique
    visits by the end of March.

    Who are our customers?

    We are aiming SMB market in North America and West Europe. COMPANY NAME customers include entertainment, universities,
    small businesses (agents, salons, dealerships, consulting firms, restaurants), industry associations, non-profits, sport teams, media
    publishers, developers (web, mobile developers and designers) and many other types of organizations that rely on content for
    communications and marketing.

    What is your competitive advantage?

    Our customers have told us that there are primary reasons why they chose COMPANY NAME over the competition. First is price:
    COMPANY NAME is the most cost effective platform on the market. Second, COMPANY NAME provides a real-time update:
    COMPANY NAME supports updates of the content without waiting for Apple Store's approval. Thirdly is rich prebuilt functionality: it is
    easy to create a mobile app and publish it in minutes (Patent pending).

    How big is the market?

    The Nielsen Company says revenue from apps is projected to be greater than $15.1 billion in 2011, up from $5.2 billion in 2010. That
    is a 300% increase. Between now and 2014, app revenue is expected to keep growing and reach $58 billion - more than a 1,000%
    increase over 2010.




                                                                                                                                 Page 1
                                                           COMPANY NAME




    Chart: Highlights




1.1 Objectives

    • COMPANY NAME is planning to convert 5-10% of the current free customer base into paying customers; most of the current
    customers are businesses and will pay for services and require technical support).

    • The Company is planning to have 20-50 thousand mobile apps created by COMPANY NAME in 2012 year.

    • The Company is planning to have 50-100 thousand mobile apps created by COMPANY NAME in 2013.

1.2 Mission

    COMPANY NAME's mission is to define and create new applications, protect those applications and bring them into all aspects of
    human/computer interaction from the corporate boardrooms and the home user to news and entertainment arenas.

    COMPANY NAME will provide users with "cool" yet cutting-edge technologies which are simple to use and robust in operation. The
    Company will accomplish this while providing obvious superior quality to customers, excellent customer service, and by creating a
    mentally stimulating and enjoyable working app for the crowdsourcing community where members can brainstorm mobile app
    development ideas for testing, development and marketing.

1.3 Keys to Success

        Marketing
        Excellent branding and Public Relations
        Strategic planning and setting up the proper partnerships
        Patented technology, involving substantial, useful enhancement to existing app developer methods.
        Aggressive protection of IP through patent, copyright, and legal enforcement.
        Rapid development, marketing, and penetration of market to enhance visibility to potential buyers and/or acquirers.




                                                                                                                               Page 2
                                                      COMPANY NAME




2.0 Company Summary

    COMPANY NAME, the small startup in Mobile infrastructure space, makes it easy and affordable for any business to build and
    manage mobile apps.

    [INSERT COMPANY BIO]

    Founded in November of 2009, COMPANY NAME is providing solutions to Fortune 2000 and small businesses, not-profit
    organizations and media artists.

    COMPANY NAME is headquartered in Foster City, CA.

2.1 Company Ownership

    COMPANY NAME is currently owned by OWNER’S NAME, CEO – 80% and CO-OWNER’S NAME, VP of Products – 20%. This
    California C Corporation was formed in November of 2009 in San Francisco.

2.2 Start-up Summary

    COMPANY NAME is seeking funding in the amount of $3,000,000 in order to:

    [INSERT BREAK-DOWN OF THE BUDGET]

Table: Start-up

Start-up

Requirements

Start-up Expenses
Marketing and PR                                                                                                   TBD
Branding                                                                                                           TBD
Consultants                                                                                                        TBD
Research and Development                                                                                           TBD
Product Launch                                                                                                     TBD
Employee Salaries for 1 Year                                                                                 $1,000,000
Total Start-up Expenses                                                                                      $1,000,000

Start-up Assets
Cash Required                                                                                                $2,000,000
Other Current Assets                                                                                                 $0
Long-term Assets                                                                                                     $0
Total Assets                                                                                                 $2,000,000

Total Requirements                                                                                           $3,000,000




                                                                                                                     Page 3
                  COMPANY NAME




Chart: Start-up




                                 Page 4
                                                            COMPANY NAME




3.0 Products

    The Product

    COMPANY NAME is online service that provides a simple and inexpensive way to build, test, track and update a native iPhone
    application that support text, rss feeds, images, audio, and video, and much, much more. COMPANY NAME allows end-users to
    create a free application for your company, department, college or friends within minutes.

    COMPANY NAME was designed so end-users could benefit from using easy-to-understand and convenient tools when building or
    updating their applications. Application users will benefit from simplicity and quick load time.

    COMPANY NAME customers are musicians, writers, bloggers, business owners, website owners, politicians, etc. COMPANY NAME
    is a great opportunity for any business or individual to get their mobile presence and connect with clients and followers, wherever they
    are.

    COMPANY NAME for iPad Solution

    [INSERT APPLICATION FEATURES AND SPECS]

    Once application is created and content is added, it is uploaded to the app store for approval.
    Upon approval in the app store, the personalized application will be available to iPad users via iTunes app store.

    4.0 Market Analysis Summary

    A functional mobile app is very useful for business individuals, small companies and corporations. Free apps that you can download
    to Blackberry or iPhone are put there to generate data, small amounts of ad revenue, create brand awareness, instantly communicate
    with colleagues and clients, send promotions or notifications, receive feedback and suggestions, sell products via mobile etc. - so on
    that basis they are quite valuable if marketing towards a consumer group.

    Buoyed by the success of the Apple App Store, Gartner predicts that the worldwide app store revenue forecast for 2011 will surpass
    $15 billion. “Many are wondering if the app frenzy we have been witnessing is just a fashion, and, like many others, it shall pass. We
    do not think so,” said Stephanie Baghdassarian, research director at Gartner, in a prepared statement. “We strongly believe there is a
    sizable opportunity for application stores in the future. However, applications will have to grow up and deliver a superior experience to
    the one that a Web-based app will be able to deliver. Native apps will survive the Web enhancements only when they will provide a
    more-personal and richer experience to the ‘vanilla’ experience that a Web-based app will deliver.”

    The Apple App Store will account for the bulk of this revenue, as iOS users have shown that they are very hungry for apps. The App
    Store has just surpassed 10 billion downloads and that number could be accelerated with the release of the Verizon iPhone and the
    revamped iPad.

    Look for Android to also increase its app revenues, as we’re bound to see multiple cool new handsets and tablets with this platform.
    Google is also “not happy” with the sales of apps in the Android Market, so here yet another opportunity for iBuildApp Inc. to
    breakthrough and be successful when this market already has had these issues. iBuildApp is the solution.

     Also, Gartner Research claims to not count out Windows Phone 7, BlackBerry/QNX and the upcoming webOS smartphones and
    tablets, as each of these will have a decent base of users and apps are going to be a major focus in the industry. With that type of
    revenue floating around, this means that app developers can actually focus on building a sustainable business, as opposed to just
    looking for the overnight successes.

    Are e-readers and iPads engaging a new audience of readers? Or readers simply making the switch from print to digital?

    For years, newspaper companies have been offering Web access to their publication for free in hopes that the online advertising
    market will cover their costs. However, while online advertising has grown, it has not increased quickly enough to make up for the

                                                                                                                                    Page 5
                                                       COMPANY NAME




decline in traditional print advertising. Many publications have been looking at ways to make online consumers pay as they do for
print.

Magazine publishers, who are still stinging from the economic collapse of 2008, want more than anything to settle on a business
model that works on their terms. What the tablet market finally provides is a viable digital business, something that eluded them with
the rise of the Internet. Tablets, they believe, offer magazines a do-over in digital form. The picture quality can be far better on a
tablet than on a computer screen, the ability to create multimedia, interactive storytelling is greater and there are more opportunities
for advertisers to innovate.

COMPANY NAME helps organizations to increase mobile presence by publishing their content through our Content Management
System and, once an application is published, it really helps the business to accelerate their path to mobile. Every day, people read
digital media on the iPad.

"If I were creating an iPad newspaper it wouldn’t look like a newspaper at all," stated COMPANY NAME creator and co-owner of
COMPANY NAME. "It would look more like a media app. It would have a real-time stream of articles, photos and videos. The news
streams would combine Tweets from the journalists, readers, and experts for any given topic or news. These lists of news would be
formatted into a Flipboard magazine-like layout, but with more personalization to show top stories and reader comments."

Do you want to create your own iPad app for your company or blog? Our new Self-Publishing iPad app grabs photos, text or video
from links in tweets and put them together into a newspaper or magazine format.

4.1 Market Segmentation

COMPANY NAME has identified three significant target markets:

    Businesses - Companies and Organizations
    Consumers - The average smartphone and social network end-user
    Developers - Number of developers currently registered with iTunes




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                                                        COMPANY NAME




Table: Market Analysis


Market Analysis
                                               Year 1         Year 2      Year 3      Year 4      Year 5
Potential Customers                Growth                                                                   CAGR
Businesses                            50%   4,000,000      1,876,000   2,513,840   3,368,546   4,513,852    3.07%
Consumers                             25%   1,000,000        300,000     700,000   1,400,000   2,100,000   20.38%
Developers                            10%      76,669        840,000     504,000     302,400     181,440   24.03%
Total                               7.56%   5,076,669      3,016,000   3,717,840   5,070,946   6,795,292    7.56%




    Chart: Market Analysis (Pie)




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                                                           COMPANY NAME




4.2 Target Market Segment Strategy

    COMPANY NAME develops universal and multi-platform solutions for App builders that would like to personalize and publish their
    own personal app for personal, business or entertainment purposes. The Company would like to develop select mutually beneficial
    partnerships with reputable companies who would like to be involved in this groundbreaking venture.

4.3 Industry Analysis

    Mobile app stores are booming worldwide, and a new market research report by MarketsandMarkets acknowledges that trend.
    According to the research firm’s ‘World Mobile Applications Market (2010 – 2015)’ report, the total global mobile applications market is
    expected to be worth $25 billion by 2015 (up from about $6.8 billion in 2010).

    MarketsandMarkets projects Apple’s App Store to hold nearly 20.5 percent of that particular cake, while the global market is forecast
    to record a CAGR (compound annual growth rate) of 29.6 percent from 2009 to 2014.

    The research firm reiterates the various factors that will be contributing to that growth, from advancements in network technologies to
    the lowering of mobile data usage cost, growing adoption of smartphones around the world, and a continuous increase in application
    usability.

    MarketsandMarkets cites the risk of data theft through delivery of phishing and spyware in mobile applications as the biggest
    downside of the surge in the number of available applications and capable phones. According to the report, North America led the
    market since 2009 with a 41.6 percent revenue share. However, Asia is the largest market in terms of downloads with 36 percent.

    The European mobile applications market stood at $1.2 billion in 2009, but is expected to become the largest market by 2015, at $8.4
    billion and growing at a CAGR of 33.6 percent during 2010 – 2015.

    The firm segments the global mobile applications device market into submarkets for on-deck (i.e. carrier managed) and off-deck
    mobile apps (selling directly to consumers). The former is the larger segment, MarketsandMarket says, accounting for approximately
    75 percent of the global mobile applications revenues.

    However, the off-deck mobile applications segment is expected to experience faster growth in the future, thanks to lowering of entry
    barriers and faster establishment of new independent stores, the research firm adds. MarketandMarkets expects that, by the end of
    2015, off-deck mobile application stores will just surpass the number of downloads from on-deck stores.


    Smartphone users will download more than double the number of apps this year than they did last year, leading to nearly triple the
    revenues for app developers, according to Gartner Inc. The market research firm says consumers will download 17.7 billion apps
    from the six biggest providers: Apple's App Store, the Android Market, RIM's App World, Microsoft Marketplace, Samsung Apps and
    Nokia's Ovi Store (While the latter five stores are making inroads, last year nearly nine in 10 apps were downloaded from Apple,
    according to Carolina Milanesi at Gartner).

    Revenue from apps is projected to be greater than $15.1 billion in 2011, up from $5.2 billion in 2010. The projections include the cost
    of the applications themselves and advertising revenue generated from within apps. Between now and 2014, app revenues are
    expected to keep growing until they reach $58 billion -- a 1,000 percent increase over 2010.




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                                                           COMPANY NAME




4.3.1 Competition and Buying Patterns

    The Android Market is growing at three times the rate of Apple's App Store, according to a report released today by mobile security
    firm Lookout.

    The number of Android Market apps increased about 127 percent since August, while the number of apps in the Apple App Store
    grew at a rate of 44 percent during that period, the company said in its latest App Genome Project report, which is based on an
    analysis of more than 500,000 mobile apps for those mobile platforms.

    "The Android is maturing fast," but the Apple App Store still has significantly more apps, Lookout Chief Technology Officer Kevin
    Mahaffey told CNET in a phone interview. Based on Of the apps available to U.S. users, which reflects the apps Lookout analyzed,
    there are 350,000, apps for the iPhone compared to Android's 88,000, which more than doubled from 39,000 in August, according to
    Lookout. Overall, however, there are more than 150,000 Android apps, according to Google.

    Apple may have a higher percentage of paid apps but the number is rising on Android - from 22 percent of the total to 34 percent
    since August, while the number of paid apps in the Apple App Store declined slightly, from 70 percent of the total to 66 percent.

    "If apps continue to be developed for each platform at this same rate, the Android Market will have more apps than the Apple App
    Store by mid-2012," Mahaffey said.

    Developers still seem to be flocking to Apple. The Apple App Store attracted nearly 23,000 additional developers between August
    2010 and February 2011, while the Android Market attracted just over 4,000 additional developers in the same time period. The
    average number of apps submitted per developer is 6.6 for the Android Market and 4.8 for the Apple App Store.

    And the company noticed that a lot of apps in both marketplaces have the capability to access users' location and contact information,
    although that seems to be decreasing over time as developers become more about privacy concerns. On the iPhone, 11 percent of
    the apps have permission to access contacts and 34 percent can access location, compared to 7.5 percent and 28 percent,
    respectively, for Android. Just because an app has permission to access sensitive data doesn't mean it actually does or that it is using
    that information for anything other than legitimate purposes, Mahaffey said.

    Lookout also analyzed four alternative app markets -- two Android marketplaces targeting Chinese users and two markets providing
    owners of jail-broken devices access to apps not available in the official App Store and to pirated apps. Lookout found that a higher
    number of apps that could be repackaged with malware or illegitimate ad code on the alternative markets.

    The company launched the App Genome Project last summer to analyze the security aspects of apps on the competing smartphone
    platforms and provide information that can help users be more secure. Users should be careful when downloading apps regardless of
    their source, Mahaffey said.

    Source: CNET.com




                                                                                                                                  Page 9
                                                          COMPANY NAME




5.0 Strategy and Implementation Summary

    COMPANY NAME marketing and sales strategies are discussed in the following individual topics.

5.1 Competitive Edge

    COMPANY NAME 's competitive edge is its level of quality, product features and options and the company's relationships with several
    major computer and electronics manufacturing companies domestically in the United States as well as overseas.

    The Company's product houses more features than the current competitors and will be more appealing to end-users for the cost
    proposed.

5.2 Marketing Strategy

    More ecommerce businesses are using the crowd (i.e. their customers, Facebook or Twitter fans and/or employees and business
    associates) to help them develop new products and build brand loyalty. For example, the public may be invited to develop a new
    technology, carry out a design task, refine or carry out the steps of an algorithm, help capture, systematize or analyze large amounts
    of data.

    Dion Hinchcliffe explains in his article, "Crowdsourcing: 5 Reasons its Not Just for Start Ups Anymore" several reasons why
    businesses find crowdsourcing appealing. These include, but are not limited to, the ability to offload peak demand, access to cheaper
    business inputs, generating better marketing results and undertaking problems that would have been too difficult to solve internally.

    The concept of crowdsourcing has given way to the trend of user-generated advertisements. User-generated ads are created by
    consumers as opposed to an advertising agency or the company themselves, most often they are the result of brand sponsored
    advertising competitions. For the 2007 Super Bowl, the Frito-Lays division of PepsiCo held the Crash the Super Bowl contest,
    allowing consumers to create their own Doritos commercial for example.

    This trend has given rise to several online platforms that host user-generated advertising competitions on behalf of ta company.
    Founded in 2007, Zoopa has launched ad competitions for brands such as Google, Nike, Hershey's General Mills, Microsoft, NBC
    Universal, Zinio and Mini Cooper. Crowdsourced advertisements have gained popularity in part to its cost effective nature, high
    consumer engagement, and ability to generate word-of-mouth.

    This same tactic is what COMPANY NAME would strongly like to implement into the Company's marketing strategy. In addition,
    COMPANY NAME would also like to use an outsourced professional marketing and public relations firm, but will use the already
    established community of developers, companies, individuals and organizations to help get the word out.




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                                                            COMPANY NAME




5.3 Sales Strategy

    In subsequent years, the Company projects sales of $25 million in 2014 and $45 million in 2015. This is based on a conservative
    assumption, as this also does not factor in account revenues from the reseller/partnership programs.

5.3.1 Sales Forecast

    The following projection for the sales revenue earned for iBuildApp Inc. are as follows:

    2011- 6000 mobile apps/15 000 mobile websites/ 500 iPad publishing/ 3000 - developers
    2012– 20 000 mobile apps/35 000 mobile websites/ 2000 iPad publishing/ 100 000 - developers
    2013– 40 000 mobile apps/60 000 mobile websites/4000 iPad publishing/ 800 000 developers
    2014 – 60 000 mobile apps/100 000 mobile websites/5000 iPad publishing/ 1.5M developers
    2015 – 80 000 mobile apps/150 000 mobile websites/8 000 iPad publishing/ 2.5 M - developers

    So in conclusion:

    *   2011 Year: $ 240 K
    *   2012 Year: $ 1.5 M
    *   2013 Year: $ 6.8 M
    *   2014 Year: $ 14.5 M
    *   2015 Year: $ 22 M

    For the reseller program, the revenue projects are as follows:

    2011 - 8,000 – 10,000 clients x $10 per app =$80 000 one time set up fee + $5 per month x 8000 apps hosting=

    $40 000 monthly hosting fee.

    Advertising revenue is conservatively not projected within Year 1 of this plan; however, COMPANY NAME is open to all advertising
    revenue streams as well. For this purpose of this plan, advertising revenue will not begin until 2012 as the Company will concentrate
    on the launch of the COMPANY NAME platform.

    These illustrations and tables show the Company's present sales forecast.

Table: Sales Forecast


Sales Forecast
                                                                               Year 1                 Year 2                  Year 3
Sales
Paying Users                                                                $480,000             $1,500,000               $6,800,000
Advertising Revenue                                                         $305,579               $534,625               $1,336,563
Reseller/Partner Revenue                                                    $320,002               $278,400               $1,113,600
Total Sales                                                               $1,105,581             $2,313,025               $9,250,163




                                                                                                                               Page 11
                       COMPANY NAME




Chart: Sales Monthly




Chart: Sales by Year




                                      Page 12
                                                          COMPANY NAME




6.0 Management Summary

    COMPANY NAME has an amazing team of employees. COMPANY NAME was founded by two founders: owner’s name, CEO, and
    INSERT NAME, VP of Products.

    [INSERT BIOS]




6.1 Personnel Plan

    The personnel table assumes steady growth in employees over the next year. COMPANY NAME expects head count to reach 16
    employees by end of year one. The Company will be in the process of implementing a strong benefits policy (with fully-paid medical,
    dental, and life insurance, plus a profit sharing and 401K plan). Employees generally earn competitive salaries and receive generous
    equity packages.

Table: Personnel

Personnel Plan
                                                                                  Year 1                 Year 2                 Year 3
Rafael Soultanov/CEO                                                            $180,000               $189,000               $198,450
Irina Kuznetsova/VP of Products                                                 $126,000               $132,300               $138,915
Engineering Director                                                            $121,336               $132,300               $138,915
Architect/API Developer                                                               $0               $122,846               $128,988
Marketing Director                                                              $112,664                $84,000                $88,200
Community Manager                                                                     $0                $88,000                $90,640
Support Specialist/QA                                                                 $0                $50,000                $51,500
Office Manager                                                                        $0                $42,000                $43,260
Team Manager (Russia)                                                                 $0                $44,100                $46,305
Architect/Sr. Developer (Russia)                                                 $39,000                $40,950                $42,998
Web Developer (Russia)                                                           $24,160                $38,052                $39,955
JavaScript Developer (Russia)                                                    $36,240                $38,052                $35,052
Win Mobile Developer (Russia)                                                    $24,160                $38,052                $35,052
Android/Blackberry Developer (Russia)                                            $37,236                $39,098                $41,053
iPhone/iPad Developer (Russia)                                                   $37,236                $39,098                $41,053
QA Tester (Russia)                                                               $33,204                $34,864                $36,607
API (Russia)                                                                     $24,160                $36,240                $37,327
Total People                                                                          17                     19                     22

Total Payroll                                                                   $795,396             $1,188,952             $1,234,270




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                                                          COMPANY NAME




7.0 Financial Plan

    Details of COMPANY NAME's financial plan are discussed in the following individual topics.

7.1 Start-up Funding

    Rafael Soultanov, co-owner of COMPANY NAME , has invested $150,000 in personal capital into the company. Additional funding in
    the amount of $3,000,000 will be needed in order for the Company to move forward.
    In the interim, COMPANY NAME is open to alternate funding on a lesser scale in order to keep operations mobile while waiting for
    the sought after funding to enter into the Company's cash flow.

Table: Start-up Funding


Start-up Funding
Start-up Expenses to Fund                                                                                          $1,000,000
Start-up Assets to Fund                                                                                            $2,000,000
Total Funding Required                                                                                             $3,000,000

Assets
Non-cash Assets from Start-up                                                                                              $0
Cash Requirements from Start-up                                                                                    $2,000,000
Additional Cash Raised                                                                                                     $0
Cash Balance on Starting Date                                                                                      $2,000,000
Total Assets                                                                                                       $2,000,000



Liabilities and Capital

Liabilities
Current Borrowing                                                                                                     $50,000
Long-term Liabilities                                                                                                      $0
Other Current Liabilities (interest-free)                                                                                  $0
Total Liabilities                                                                                                     $50,000

Capital

Planned Investment
Investor 1                                                                                                                 $0
Investor 2                                                                                                                 $0
Additional Investment Requirement                                                                                  $2,950,000
Total Planned Investment                                                                                           $2,950,000

Loss at Start-up (Start-up Expenses)                                                                             ($1,000,000)
Total Capital                                                                                                      $1,950,000
Total Capital and Liabilities                                                                                      $2,000,000

Total Funding                                                                                                      $3,000,000



                                                                                                                         Page 14
                                                         COMPANY NAME




7.2 Important Assumptions

    Some general assumptions about COMPANY NAME's economic environment are shown in this table.

7.3 Break-even Analysis

    COMPANY NAME 's break-even analysis is based on the average of the first-year figures for total sales and by operating expenses.
    These are presented as per-unit revenue, per-unit cost, and fixed costs. These conservative assumptions make for a more accurate
    estimate of real risk.

Table: Break-even Analysis

Break-even Analysis

Monthly Revenue Break-even                                                                                             $91,390

Assumptions:
Average Percent Variable Cost                                                                                              0%
Estimated Monthly Fixed Cost                                                                                           $91,390




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                                                          COMPANY NAME




7.4 Projected Profit and Loss

    As the profit and loss table shows, COMPANY NAME expects to continue its steady growth in profitability over the next three years of
    operations. However, initial funding will be needed in order to keep the company in the black to cover payroll expenses for Year 1.

Table: Profit and Loss

Pro Forma Profit and Loss
                                                                     Year 1                  Year 2                  Year 3
Sales                                                            $1,105,581              $2,313,025              $9,250,163
Direct Cost of Sales                                                     $0                      $0                      $0
Other                                                                    $0                      $0                      $0
Total Cost of Sales                                                      $0                      $0                      $0

Gross Margin                                                     $1,105,581              $2,313,025              $9,250,163
Gross Margin %                                                     100.00%                 100.00%                 100.00%


Expenses
Payroll                                                            $795,396              $1,188,952              $1,234,270
Sales and Marketing and Other Expenses                              $50,000                $367,500                $385,875
Depreciation                                                             $0                      $0                      $0
Website Hosting                                                     $15,914                 $16,710                 $17,545
Travel                                                              $37,500                 $78,750                 $82,688
Insurance                                                            $6,000                  $6,300                  $6,615
Rent                                                                $78,000                 $81,900                 $85,995
Utilities                                                           $19,200                 $21,160                 $21,168
Dues and Subscriptions                                               $1,800                  $1,890                  $1,985
Miscellaneous Expense                                               $33,164                 $34,822                 $36,563
Payroll Tax                                                         $59,706                $119,129                $122,703

Total Operating Expenses                                         $1,096,680              $1,917,113              $1,995,407

Profit Before Interest and Taxes                                      $8,901               $395,912              $7,254,756
EBITDA                                                                $8,901               $395,912              $7,254,756
 Interest Expense                                                     $3,567                 $1,600                      $0
 Taxes Incurred                                                     ($2,067)                $98,578              $1,843,917

Net Profit                                                           $7,402                $295,734              $5,410,839
Net Profit/Sales                                                     0.67%                  12.79%                  58.49%




                                                                                                                              Page 16
                              COMPANY NAME




Chart: Profit Yearly




Chart: Gross Margin Monthly




                                             Page 17
                                                          COMPANY NAME




    Chart: Gross Margin Yearly




7.5 Projected Cash Flow

    The cash flow projection shows that provisions for ongoing expenses are adequate to meet iBuildApp, Inc.'s needs as the
    business generates cash flow sufficient to support operations.

    The table presents the Company's projected cash flow balances. The critical first year reflects positive cash flow. Monthly cash flow
    is positive and more important the balances are positive, which indicates adequate financial reserves and correct planning of the
    required working capital. The estimated results permit a margin of error and still appear strong, even though the numbers remain
    conservative.




                                                                                                                              Page 18
                                            COMPANY NAME




Table: Cash Flow

Pro Forma Cash Flow
                                                               Year 1       Year 2        Year 3
Cash Received

Cash from Operations
Cash Sales                                                 $1,105,581   $2,313,025    $9,250,163
Subtotal Cash from Operations                              $1,105,581   $2,313,025    $9,250,163

Additional Cash Received
Sales Tax, VAT, HST/GST Received                                   $0           $0            $0
New Current Borrowing                                              $0           $0            $0
New Other Liabilities (interest-free)                         $50,000           $0            $0
New Long-term Liabilities                                          $0           $0            $0
Sales of Other Current Assets                                      $0           $0            $0
Sales of Long-term Assets                                          $0           $0            $0
New Investment Received                                    $3,500,000           $0            $0
Subtotal Cash Received                                     $4,655,581   $2,313,025    $9,250,163

Expenditures                                                   Year 1       Year 2        Year 3

Expenditures from Operations
Cash Spending                                              $1,098,179   $2,017,291    $3,839,324
Subtotal Spent on Operations                               $1,098,179   $2,017,291    $3,839,324

Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out                                   $0           $0            $0
Principal Repayment of Current Borrowing                       $9,996      $40,004            $0
Other Liabilities Principal Repayment                              $0           $0            $0
Long-term Liabilities Principal Repayment                          $0           $0            $0
Purchase Other Current Assets                                 $68,200           $0            $0
Purchase Long-term Assets                                          $0           $0            $0
Dividends                                                          $0           $0            $0
Subtotal Cash Spent                                        $1,176,375   $2,057,295    $3,839,324

Net Cash Flow                                              $3,479,206     $255,730    $5,410,839
Cash Balance                                               $5,479,206   $5,734,935   $11,145,774

Chart: Cash




                                                                                      Page 19
                                                    COMPANY NAME




7.6 Projected Balance Sheet

    COMPANY NAME 's projected company balance sheet follows.

Table: Balance Sheet

Pro Forma Balance Sheet
                                                                    Year 1        Year 2        Year 3
Assets

Current Assets
Cash                                                            $5,479,206    $5,734,935   $11,145,774
Other Current Assets                                               $68,200       $68,200       $68,200
Total Current Assets                                            $5,547,406    $5,803,135   $11,213,974

Long-term Assets
Long-term Assets                                                        $0            $0            $0
Accumulated Depreciation                                                $0            $0            $0
Total Long-term Assets                                                  $0            $0            $0
Total Assets                                                    $5,547,406    $5,803,135   $11,213,974

Liabilities and Capital                                             Year 1        Year 2        Year 3

Current Liabilities
Current Borrowing                                                  $40,004           $0            $0
Other Current Liabilities                                          $50,000      $50,000       $50,000
Subtotal Current Liabilities                                       $90,004      $50,000       $50,000

Long-term Liabilities                                                   $0           $0            $0
Total Liabilities                                                  $90,004      $50,000       $50,000

Paid-in Capital                                                  $6,450,000   $6,450,000    $6,450,000
Retained Earnings                                              ($1,000,000)   ($992,598)    ($696,865)
Earnings                                                             $7,402     $295,734    $5,410,839
Total Capital                                                    $5,457,402   $5,753,135   $11,163,974
Total Liabilities and Capital                                    $5,547,406   $5,803,135   $11,213,974

Net Worth                                                       $5,457,402    $5,753,135   $11,163,974




                                                                                                   Page 20
                                                           COMPANY NAME




7.7 Business Ratios

    Business ratios for the years of this plan are shown below. Industry profile ratios based on the North American Industry Classification
    System (NAICS) code 519130, Internet Publishing and Broadcasting, are shown for comparison.

Table: Ratios

Ratio Analysis
                                                                  Year 1               Year 2                Year 3        Industry Profile
Sales Growth                                                        n.a.             109.21%               299.92%                  4.23%

Percent of Total Assets
Other Current Assets                                              1.23%                1.18%                 0.61%                 69.92%
Total Current Assets                                            100.00%              100.00%               100.00%                 91.46%
Long-term Assets                                                  0.00%                0.00%                 0.00%                  8.54%
Total Assets                                                    100.00%              100.00%               100.00%                100.00%

Current Liabilities                                               1.62%                0.86%                 0.45%                 43.45%
Long-term Liabilities                                             0.00%                0.00%                 0.00%                 29.51%
Total Liabilities                                                 1.62%                0.86%                 0.45%                 72.97%
Net Worth                                                        98.38%               99.14%                99.55%                 27.03%

Percent of Sales
Sales                                                           100.00%              100.00%               100.00%                100.00%
Gross Margin                                                    100.00%              100.00%               100.00%                 79.91%
Selling, General & Administrative Expenses                      384.46%               67.47%                55.28%                 56.99%
Advertising Expenses                                             66.15%               10.71%                 8.18%                  2.49%
Profit Before Interest and Taxes                                  0.81%               17.12%                78.43%                -23.10%

Main Ratios
Current                                                             61.64              116.06                224.28                   1.71
Quick                                                               61.64              116.06                224.28                   1.68
Total Debt to Total Assets                                         1.62%               0.86%                 0.45%                 72.97%
Pre-tax Return on Net Worth                                        0.10%               6.85%                64.98%                -86.50%
Pre-tax Return on Assets                                           0.10%               6.79%                64.69%                -23.38%




                                                                                                                                Page 21
                            COMPANY NAME




                                 Year 1        Year 2        Year 3
Additional Ratios
Net Profit Margin                0.67%        12.79%        58.49%        n.a
Return on Equity                 0.14%         5.14%        48.47%        n.a

Activity Ratios
Accounts Payable Turnover          4.81         12.17         12.17       n.a
Total Asset Turnover               0.20          0.40          0.82       n.a

Debt Ratios
Debt to Net Worth                  0.02          0.01          0.00       n.a
Current Liab. to Liab.             1.00          1.00          1.00       n.a

Liquidity Ratios
Net Working Capital          $5,457,402    $5,753,135   $11,163,974       n.a
Interest Coverage                  2.50        247.42          0.00       n.a

Additional Ratios
Assets to Sales                   5.02          2.51          1.21        n.a
Current Debt/Total Assets          2%            1%            0%         n.a
Acid Test                        61.64        116.06        224.28        n.a
Sales/Net Worth                   0.20          0.40          0.83        n.a
Dividend Payout                   0.00          0.00          0.00        n.a




                                                                      Page 22
                                                                           Appendix

Table: Sales Forecast

Sales Forecast
                                        Month 1   Month 2   Month 3   Month 4   Month 5    Month 6    Month 7    Month 8    Month 9     Month      Month      Month
                                                                                                                                           10         11         12
Sales
Paying Users                    5000%       $0        $0        $0        $0        $0     $60,348    $63,268    $65,798    $68,430    $71,168    $74,014    $76,974
Advertising Revenue                0%       $0        $0        $0        $0        $0     $32,210    $35,431    $38,974    $42,871    $47,158    $51,874    $57,061
Reseller/Partner Revenue           0%       $0        $0        $0        $0        $0     $29,245    $35,241    $40,405    $44,303    $53,791    $58,509    $58,508
Total Sales                                 $0        $0        $0        $0        $0    $121,803   $133,940   $145,177   $155,604   $172,117   $184,397   $192,543

Direct Cost of Sales                    Month 1   Month 2   Month 3   Month 4   Month 5    Month 6    Month 7    Month 8    Month 9     Month      Month      Month
                                                                                                                                           10         11         12
Office Expenses                             $0        $0        $0        $0        $0         $0         $0         $0         $0         $0         $0         $0
Site Server Operations                      $0        $0        $0        $0        $0         $0         $0         $0         $0         $0         $0         $0
Subtotal Direct Cost of Sales               $0        $0        $0        $0        $0         $0         $0         $0         $0         $0         $0         $0




                                                                                                                                                            Page 1
                                                                         Appendix

Table: Personnel

Personnel Plan
                                        Month 1   Month 2   Month 3   Month 4   Month 5   Month 6   Month 7   Month 8   Month 9     Month     Month     Month
                                                                                                                                       10        11        12
Rafael Soultanov/CEO               0%   $11,663   $11,667   $11,667   $11,667   $16,667   $16,667   $16,667   $16,667   $16,667   $16,667   $16,667   $16,667
Irina Kuznetsova/VP of             0%    $8,163    $8,167    $8,167    $8,167   $11,667   $11,667   $11,667   $11,667   $11,667   $11,667   $11,667   $11,667
Products
Engineering Director               0%    $7,000    $7,000    $7,000    $7,000   $11,667   $11,667   $11,667   $11,667   $11,667   $11,667   $11,667   $11,667
Architect/API Developer            0%        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0
Marketing Director                 0%    $6,500    $6,500    $6,500    $6,500   $10,833   $10,833   $10,833   $10,833   $10,833   $10,833   $10,833   $10,833
Community Manager                  0%        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0
Support Specialist/QA              0%        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0
Office Manager                     0%        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0
Team Manager (Russia)              0%        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0        $0
Architect/Sr. Developer (Russia)   0%    $3,250    $3,250    $3,250    $3,250    $3,250    $3,250    $3,250    $3,250    $3,250    $3,250    $3,250    $3,250
Web Developer (Russia)             0%        $0        $0        $0        $0    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020
JavaScript Developer (Russia)      0%    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020
Win Mobile Developer (Russia)      0%        $0        $0        $0        $0    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020
Android/Blackberry Developer       0%    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103
(Russia)
iPhone/iPad Developer (Russia)     0%    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103    $3,103
QA Tester (Russia)                 0%    $2,767    $2,767    $2,767    $2,767    $2,767    $2,767    $2,767    $2,767    $2,767    $2,767    $2,767    $2,767
API (Russia)                       0%        $0        $0        $0        $0    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020    $3,020
Total People                                 13        13        13        13        17        17        17        17        17        17        17        17

Total Payroll                           $48,569   $48,577   $48,577   $48,577   $75,137   $75,137   $75,137   $75,137   $75,137   $75,137   $75,137   $75,137




                                                                                                                                                      Page 2
                                                                                Appendix

Table: Profit and Loss

Pro Forma Profit and
Loss
                                 Month 1     Month 2     Month 3     Month 4     Month 5     Month 6    Month 7    Month 8    Month 9   Month 10   Month 11   Month 12
Sales                                 $0          $0          $0          $0          $0    $121,803   $133,940   $145,177   $155,604   $172,117   $184,397   $192,543
Direct Cost of Sales                  $0          $0          $0          $0          $0          $0         $0         $0         $0         $0         $0         $0
Other                                 $0          $0          $0          $0          $0          $0         $0         $0         $0         $0         $0         $0
Total Cost of Sales                   $0          $0          $0          $0          $0          $0         $0         $0         $0         $0         $0         $0

Gross Margin                           $0          $0          $0          $0          $0   $121,803   $133,940   $145,177   $155,604   $172,117   $184,397   $192,543
Gross Margin %                     0.00%       0.00%       0.00%       0.00%       0.00%    100.00%    100.00%    100.00%    100.00%    100.00%    100.00%    100.00%


Expenses
Payroll                          $48,569     $48,577     $48,577     $48,577     $75,137     $75,137    $75,137    $75,137    $75,137    $75,137    $75,137    $75,137
Sales and Marketing               $4,163      $4,167      $4,167      $4,167      $4,167      $4,167     $4,167     $4,167     $4,167     $4,167     $4,167     $4,167
and Other Expenses
Depreciation             TBD          $0          $0          $0          $0          $0          $0         $0         $0         $0         $0         $0         $0
Website Hosting          TBD      $1,000      $1,050      $1,102      $1,157      $1,215      $1,276     $1,340     $1,407     $1,477     $1,551     $1,629     $1,710
Travel                   See      $3,125      $3,125      $3,125      $3,125      $3,125      $3,125     $3,125     $3,125     $3,125     $3,125     $3,125     $3,125
                         Rent
Insurance                TBD        $500        $500        $500        $500        $500        $500       $500       $500       $500       $500       $500       $500
Rent                     See      $6,500      $6,500      $6,500      $6,500      $6,500      $6,500     $6,500     $6,500     $6,500     $6,500     $6,500     $6,500
                         Note
Utilities                30%      $1,600      $1,600      $1,600      $1,600      $1,600      $1,600     $1,600     $1,600     $1,600     $1,600     $1,600     $1,600
Dues and                 30%        $150        $150        $150        $150        $150        $150       $150       $150       $150       $150       $150       $150
Subscriptions
Miscellaneous            30%      $2,083      $2,187      $2,296      $2,411      $2,532      $2,659     $2,792     $2,932     $3,079     $3,233     $3,395     $3,565
Expense
Payroll Tax                           $0          $0          $0     $19,902          $0         $0         $0     $19,902        $0         $0         $0     $19,902

Total Operating                  $67,690     $67,856     $68,017     $88,089     $94,926     $95,114    $95,311   $115,420    $95,735    $95,963    $96,203   $116,356
Expenses

Profit Before Interest          ($67,690)   ($67,856)   ($68,017)   ($88,089)   ($94,926)    $26,689    $38,629    $29,757    $59,869    $76,154    $88,194    $76,187
and Taxes
EBITDA                          ($67,690)   ($67,856)   ($68,017)   ($88,089)   ($94,926)    $26,689    $38,629    $29,757    $59,869    $76,154    $88,194    $76,187
 Interest Expense                   $328        $322        $317        $311        $306        $300       $294       $289       $283       $278       $272       $267
 Taxes Incurred                 ($20,405)   ($17,045)   ($17,083)   ($22,100)   ($23,808)     $6,597     $9,584     $7,367    $14,896    $18,969    $21,980    $18,980

Net Profit                      ($47,612)   ($51,134)   ($51,250)   ($66,300)   ($71,424)    $19,792    $28,751    $22,101    $44,689    $56,907    $65,941    $56,940
Net Profit/Sales                   0.00%       0.00%       0.00%       0.00%       0.00%     16.25%     21.47%     15.22%     28.72%     33.06%     35.76%     29.57%
                                                                                                                                                              Page 3
                                                                        Appendix


Table: Cash Flow

Pro Forma
Cash Flow
                           Month 1   Month 2     Month 3    Month 4   Month 5    Month 6    Month 7    Month 8    Month 9   Month 10   Month 11   Month 12
Cash Received

Cash from
Operations
Cash Sales                     $0        $0           $0        $0        $0    $121,803   $133,940   $145,177   $155,604   $172,117   $184,397   $192,543
Subtotal Cash                  $0        $0           $0        $0        $0    $121,803   $133,940   $145,177   $155,604   $172,117   $184,397   $192,543
from
Operations

Additional
Cash Received
Sales Tax, VAT,    0.00%       $0        $0           $0        $0        $0         $0         $0         $0         $0         $0         $0         $0
HST/GST
Received
New Current                    $0        $0           $0        $0        $0         $0         $0         $0         $0         $0         $0         $0
Borrowing
New Other                  $50,000       $0           $0        $0        $0         $0         $0         $0         $0         $0         $0         $0
Liabilities
(interest-free)
New Long-term                  $0        $0           $0        $0        $0         $0         $0         $0         $0         $0         $0         $0
Liabilities
Sales of Other                 $0        $0           $0        $0        $0         $0         $0         $0         $0         $0         $0         $0
Current Assets
Sales of Long-                 $0        $0           $0        $0        $0         $0         $0         $0         $0         $0         $0         $0
term Assets
New                            $0        $0    $3,500,000       $0        $0         $0         $0         $0         $0         $0         $0         $0
Investment
Received
Subtotal Cash              $50,000       $0    $3,500,000       $0        $0    $121,803   $133,940   $145,177   $155,604   $172,117   $184,397   $192,543
Received

Expenditures               Month 1   Month 2     Month 3    Month 4   Month 5    Month 6    Month 7    Month 8    Month 9   Month 10   Month 11   Month 12

Expenditures
from
Operations
Cash Spending              $47,612   $51,134     $51,250    $66,300   $71,424   $102,011   $105,189   $123,076   $110,915   $115,210   $118,456   $135,603
                                                                                                                                                  Page 4
                                                                            Appendix

Subtotal Spent        $47,612      $51,134      $51,250      $66,300      $71,424     $102,011     $105,189     $123,076     $110,915     $115,210     $118,456     $135,603
on Operations

Additional
Cash Spent
Sales Tax, VAT,            $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0
HST/GST Paid
Out
Principal                $833         $833         $833         $833         $833         $833         $833         $833         $833         $833         $833         $833
Repayment of
Current
Borrowing
Other Liabilities          $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0
Principal
Repayment
Long-term                  $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0
Liabilities
Principal
Repayment
Purchase Other             $0           $0      $68,200           $0           $0           $0           $0           $0           $0           $0           $0           $0
Current Assets
Purchase Long-             $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0
term Assets
Dividends                  $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0
Subtotal Cash         $48,445      $51,967     $120,283      $67,133      $72,257     $102,844     $106,022     $123,909     $111,748     $116,043     $119,289     $136,436
Spent

Net Cash Flow           $1,555    ($51,967)   $3,379,717    ($67,133)    ($72,257)      $18,959      $27,918      $21,268      $43,856      $56,074      $65,108      $56,107
Cash Balance        $2,001,555   $1,949,588   $5,329,305   $5,262,172   $5,189,915   $5,208,874   $5,236,792   $5,258,060   $5,301,916   $5,357,990   $5,423,098   $5,479,206




                                                                                                                                                                     Page 5
                                                                                Appendix

Table: Balance Sheet

Pro Forma
Balance
Sheet
                                  Month 1      Month 2      Month 3      Month 4      Month 5      Month 6      Month 7      Month 8      Month 9     Month 10       Month 11
Assets          Starting
                Balances

Current
Assets
Cash             $2,000,000     $2,001,555   $1,949,588   $5,329,305   $5,262,172   $5,189,915   $5,208,874   $5,236,792   $5,258,060   $5,301,916   $5,357,990     $5,423,098
Other                    $0             $0           $0      $68,200      $68,200      $68,200      $68,200      $68,200      $68,200      $68,200      $68,200        $68,200
Current
Assets
Total Current    $2,000,000     $2,001,555   $1,949,588   $5,397,505   $5,330,372   $5,258,115   $5,277,074   $5,304,992   $5,326,260   $5,370,116   $5,426,190     $5,491,298
Assets

Long-term
Assets
Long-term                  $0          $0           $0           $0           $0           $0           $0           $0           $0           $0           $0             $0
Assets
Accumulated                $0          $0           $0           $0           $0           $0           $0           $0           $0           $0           $0             $0
Depreciation
Total Long-                $0          $0           $0           $0           $0           $0           $0           $0           $0           $0           $0             $0
term Assets
Total Assets     $2,000,000     $2,001,555   $1,949,588   $5,397,505   $5,330,372   $5,258,115   $5,277,074   $5,304,992   $5,326,260   $5,370,116   $5,426,190     $5,491,298




                                                                                                                                                                  Page 6
                                                                                       Appendix


Liabilities     Month 1           Month 2        Month 3        Month 4        Month 5        Month 6        Month 7        Month 8        Month 9       Month 10       Month 11        Month 12
and Capital

Current
Liabilities
Current             $50,000        $49,167        $48,334        $47,501        $46,668        $45,835        $45,002        $44,169        $43,336        $42,503        $41,670         $40,837
Borrowing
Other                     $0       $50,000        $50,000        $50,000        $50,000        $50,000        $50,000        $50,000        $50,000        $50,000        $50,000         $50,000
Current
Liabilities
Subtotal            $50,000        $99,167        $98,334        $97,501        $96,668        $95,835        $95,002        $94,169        $93,336        $92,503        $91,670         $90,837
Current
Liabilities

Long-term                 $0            $0             $0             $0             $0             $0             $0             $0             $0             $0             $0              $0
Liabilities
Total               $50,000        $99,167        $98,334        $97,501        $96,668        $95,835        $95,002        $94,169        $93,336        $92,503        $91,670         $90,837
Liabilities

Paid-in          $2,950,000     $2,950,000     $2,950,000     $6,450,000     $6,450,000     $6,450,000     $6,450,000     $6,450,000     $6,450,000     $6,450,000     $6,450,000      $6,450,000
Capital
Retained        ($1,000,000)   ($1,000,000)   ($1,000,000)   ($1,000,000)   ($1,000,000)   ($1,000,000)   ($1,000,000)   ($1,000,000)   ($1,000,000)   ($1,000,000)   ($1,000,000)    ($1,000,000)   ($
Earnings
Earnings                 $0      ($47,612)      ($98,746)     ($149,996)     ($216,296)     ($287,720)     ($267,928)     ($239,177)     ($217,076)     ($172,387)     ($115,480)       ($49,539)
Total Capital    $1,950,000     $1,902,388     $1,851,254     $5,300,004     $5,233,704     $5,162,280     $5,182,072     $5,210,823     $5,232,924     $5,277,613     $5,334,520      $5,400,461
Total            $2,000,000     $2,001,555     $1,949,588     $5,397,505     $5,330,372     $5,258,115     $5,277,074     $5,304,992     $5,326,260     $5,370,116     $5,426,190      $5,491,298
Liabilities
and Capital

Net Worth        $1,950,000     $1,902,388     $1,851,254     $5,300,004     $5,233,704     $5,162,280     $5,182,072     $5,210,823     $5,232,924     $5,277,613     $5,334,520      $5,400,461




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