iD6..awo-R m,0 Executive Summaryf (_ IDeaw°Rm°) Innovative Marketing Solutions IdeaWorm, Inc. www.ideaworrn, corn Executive Summary August 2001 This Executive Summary is based upon information supplied by IdeaWorm, Inc. ("ldeaWorm" or the "Company") solely for use by prospective investors to determine interest in conducting an in-depth analysis of the proposed transaction. The Executive Summary does not purport to be all-inclusive nor contain all of the information that an interested party may desire, nor is any representation or warranty made as to the accuracy, reliability or completeness of any of the information contained herein. Nothing contained in this Executive Summary is, or should be relied upon as, a promise or representation as to the future. By accepting this Executive Summary, the recipients agree that all of the information contained herein is of a confidential nature, that they will treat it in a confidential manner, that they will not, directly or indirectly, disclose or permit their agents or affiliates to disclose any of such information, and that none of such information shall be used for any other purpose without IdeaWorm's prior written consent. Neither this Executive Summary nor its delivery to any interested party shall constitute an offer to sell nor the solicitation of any offer to buy the securities or assets of IdeaWorm, nor shall the Executive Summary be construed to indicate that there has not been any change in the affairs of the Company since the date of this Executive Summary. Certain qualified prospective investors will be allowed to conduct a more detailed review of the Company's business and to perform other due diligence procedures required to formulate a transaction. All inquiries should be directed to: Gregory P. Basso, President & CEO Chief Executive Officer 29433 Southfleld Rd. Suite 103 Southfield, MI 48076 Primary: 248.470.9102 Secondary: 248.788.7058, ext. 2 .qbasso_jdeaworm. corn Copyright © 2001 IdeaWorm, Inc. i(# laeawoRm Innovative Marketing Solutions Company Overview IdeaWorm is an innovative and revolutionary technology and data acquisition integrator and enabler. Our company specializes in providing organizations dynamic, robust and fully automated research campaigns, CRM /ERM (customer /employee relationship management) programs and Product Incubator and Assembly software solutions. The IdeaWorm suite of Enterprise Level Market Research software and CRM /ERM solutions stands at the forefront of technology allowing organizations to completely manage and integrate the IdeaWorm system as a complete core business infrastructure technology. IdeaWorm's organizational structure and suite of solutions have been assembled so each facet of the business model offers exhaustive communication points, dedicated customer service, seamless product integration and interactive channels to capture market intelligence and dramatically increase our clients' campaign effectiveness and market awareness. Our robust, and highly scalable IdeaWorm Information Infrastructure platform forms the core of our organization's business model. The platform is comprised of five tightly interwoven product classifications, each seamlessly integrated to satisfy our clients' business and marketing requirements. The following five product c_assifications comprise the IdeaWorm Information tnfrastructure platform XMR -Extensible Market Research Class IdeaWorm employs a comprehensive suite of Market Research components that provide our clients with an intuitive and robust channel for collecting in-depth market intelligence. This fully customizable subset of the IdeaWorm Information Infrastructure allows businesses and organizations of all sizes to perform strategic and targeted market intelligence in a fully automated, campaign-oriented fashion. CRM-Customer Relationship Management Class IdeaWorm's CRM product suite provides clients with an intuitive and robust CRM application suite, customer retention and acquisition utilities, promotion and advertising mediums and consumer research and statistical analysis tools. Numerous channels and methodologies to capture customer feedback and opinions are available depending on the needs and wishes of our clients. IdeaWorm has assembled extensive mediums to drive customer interaction with client involvement in order to satiate our client's market awareness and improve customer retention and acquisition efforts. ERM-Employee Relationship Management Class By licensing our exclusive ERM technology businesses are able to gather, warehouse and broadcast valuable information to employees within their organization. In addition to having the abilityto perform inter-corporate opinion polling, customers of our ERM Class will enjoy numerous fully automated campaign based solutions to significantly reduce administration and overhead costs associated with typical Human Resource departments. Product Incubation /Assembly Class The IdeaWorm Product Incubation and Assembly suite allows businesses and organizations to use the collective talents and creativity of a large or selected group of individuals to generate new ideas and processes. Virtually any sized organization can use the Product Incubation and Assembly suite to assist in brainstorming, new product development, and finally, the transition of an idea to an actual process or physical entity. This enterprise-level suite greatly assists in taking a collection of ideas and breaking them down to the miniscule level to prove integrity and level of soundness before bringing the product or process to fruition. Proprietary Interactive Hardware Class By harnessing the power, scalability and functionality of the IdeaWorm Information Infrastructure platform and combining with booming technologies such as Wireless Communication, Embedded Microprocessor Technologies, Smart Cards and Kiosk Terminals we have created a set of innovations that captures strikinglydetailed consumer information and market intelligence. Our hardware innovations are powered specifically by our proprietary software solutions to help organizations establish dramatic competitive advantages in customer loyalty and market awareness initiatives. Copyright© 2001 IdeaWorm, Inc. 1_ IDeOWORm"_ Innovative Marketing Solutions Company Vision Our Vision Our vision is to create technologically superior solutions, which fosters the creation of stimulating environments where consumers and organizations can discover each other's desires and expectations while building a lasting and healthy relationship. We intend to deliver a true end-to-end, comprehensive automated marketing and research platform targeted at enhancing our clients marketing prowess and driving significant gains in the effectiveness of their marketing and research programs and dramatically improving their productivity. We intend to distinguish ourselves by planning our services and executing our operations prudently; having exceptional training programs; maintaining first-rate policies and standards for serving our customers; meticutously monitoring the quality of our services; and driving our innovations as a complete information infrastructure platform scaled to integrate into any industry segment and size. Based on our unmatched experience and commitment to our clients, IdeaWorm will continue to play a major role in shaping the rapidly expanding marketing and research industry. Company Strengths Currently to date, our organization has been privately funded by the founders, and has flourished because of the dedication and commitment of our employees. Our employees show a passion and drive unlike no other when itcomes to establishing achievements in the marketplace. We are fortunate to have some of the industry's best engineers as well as marketing and business professionals fueling the operations and developments of our organization. Below are samples of our strengths and merits: IdeaWorm Strengths and Merits [] We have incurred ABSOLUTELYNO OUTSTANDING DEBTto date o IdeaWorm Information Infrastructure has undergone extensive research, development planning, core development, and field testing over the last 18 months leading to the successful launch of our product to market [] Over the last 18 months the founders and employees have contributed over $2.4 million in both capital and extensive experience contributionsto bring our core products to fruition [] All IdeaWorm creations and intellectual property are 100% owned by us [] Automation Engine, Integration components, Reporting and Collaboration elements, XMR and CRM product classification suites are developed and currently in market El ERM and Product Incubation and Assembly product classification suites are 80% complete [] Technical specifications for our Interactive Hardware solutions have been completed [] Our products are currently being sold to small and medium-sized organizations [] Ten extremely dedicated employees are already on-board [] Filing for patents for our entire IdeaWorm Information Infrastructure component library El We estimate to be profitable by 2003 with revenues over $58 million by 2005 Copyright© 2001 IdeaWorm, Inc. 2(_# IDeaw°-Rm_ Innovative Marketin 9 Solutions Market Opportunities Comprehensive Marketing Application Suite Small to large organizations are constantly struggling to create an effective presence in the marketplace and build exceptional brand awareness and customer loyalty. However, they are overwhelmed by the myriad of niche marketing and technology companies that offer only specific marketing applications. Through the use of our comprehensive suite of solutions, clients are offered a set of industry practiced marketing and business applications that encompass their organization's marketing program requirements. Our solution set offers a one-stop-shop for clients to construct their marketing campaigns effectively and efficiently while satisfying their business requirements and communicating with all industry channels. Complete Infrastructure Technology IdeaWorm greatly differs from traditional marketing and software companies by licensing, customizing, and integrating our software for use as a core business-infrastructure technology. Our solutions not only tie in with legacy systems and databases, but also allow for complete migrations to an IdeaWorm-based platform. Organizations of all shapes and sizes still have legacy CRM/ERM systems currently residing in their infrastructure. These installations have become increasingly expensive to maintain and upgrade while offering a significantly less-than-adequate set of functionality. Through the use of IdeaWorm's Information Infrastructure (IWII), businesses and organizations can easily replace aging legacy systems with a constantly evolving, state-of-the-art technology platform. Industry Scalable Solutions Catering to the diversity of industry segments is usually a difficult barrier of entry to overcome for most marketing agencies and technology providers. The constant change and influx of new marketing and technology requirements can be very problematical to adapt services to. In one business-centric solution, IdeaWorm provides a comprehensive, closed-loop technology platform that can be scaled to businesses of any size or industry segment, regardless of their marketing requirements. Our solutions allow our clients to immediately implement their automated marketing programs, realize quick returns, and scale their programs to match marketing growth. Faster Response Time and Intelligent Reporting Methodologies Achieving accurate, detailed, and prompt results to an organization's marketing initiatives can substantially increase the effectiveness of how they market their products and services to consumers. Organizations today are faced with the difficulty of obtaining a high level of return to their marketing initiatives, generating a quick turnaround time, and manually tabulating and time-consuming reporting that is subject to error. IdeaWorm's intelligent reporting and measurement capabilities compile the information and output the results in presentation-quality reports detailing market specifics our clients set. Our clients simply launch their marketing programs and let our innovative engine perform all tabulation and communicate the reporting output they desire. Evolving Technology Platform Technology platforms and methodologies are constantly evolving and require an organization to stay abreast of the new enhancements that affect their business and competition. By using our dynamic platform, our clients can focus more on their core competencies instead of the task of wondering how the next technology innovation will drive their business. Our engineers are constantly keeping a finger on today's technological pulse so our services can easily and efficiently advance with the trends of the industry. Our intelligent marketing platform will not only reduce the cost of bringing a marketing initiative to inception but also reduce an organization's technology costs associated with powering that initiative. (Please see the Business Plan for complete list of Market Opportunities and Revenue Sources) Copyright © 2001 IdeaWorm, Inc. 3(# iDeawoRm_) Innovative Marketing Solutions Market Analysis Overview Possessing a strong, stable, and highly targeted marketing or research campaign allows an organization to properly define how their products will reach market, who will seek to purchase their products, and essentially how those people will return to purchase again or inform others of the products. However, producing a comprehensive marketing campaign can place a high level of financial stress on an organization. The capital requirements to design, organize, deploy, and maintain marketing initiatives is usually far beyond what a typical business wishes to spend. Organizations place great emphasis on a carefully executed marketing plan, but tend to limit the functionality, scope, and thoroughness due do the costs associated with the plan. Typically, organizations have used outside, traditional marketing houses to deliver the results to their marketing requirements. This process tends to be extremely costly and still does not assure a quick turn around or accurate results. IdeaWorm has recognized that organizations need a more efficient, effective, and comprehensive solution to drive their marketing initiatives. Reducing the overhead associated with executing a marketing campaign can be easily obtained by simply employing a more automated approach. In addition to reducing the costs associated with the manual deployment and maintenance of an organization's campaign, they will notice a higher ROI associated with their campaigns as a result of a larger audience response rate and the precision of a carefully targeted audience. IdeaWorm's solutions were designed specifically to finally allow an organization to fully automate their marketing initiatives, gain intelligent and accurate responses from their audience, shorten response turn around cycles, increase campaign effectiveness by delivering the right marketing program at the right time, and lastly allowing organizations to close sales faster by identifying potential customers quickly and marketing to them more effectively. Target Market Once considered a premium service for only the largest corporations, highly technology oriented marketing and research programs and specifically targeted promotions are now being employed by many mid-sized and even smaller firms to establish their market presence. According to Forester Research, small to mid-size companies plan to align 64% of their marketing budget towards electronic and technology focused marketing initiatives. Businesses of all shapes and sizes are also moving towards products that integrate directly into their current technology infrastructure to help market their products. In 2000, there was an increase of 123% of businesses that created technology-based solutions to more effectively market their products and services. Our solutions are able to seamlessly integrate into an organization's current technology infrastructure, thereby further reducing overhead technology costs. In the following industry segments, greater than $175 billion dollars is spent annually on technology-oriented marketing solutions. IdeaWorm's target market is extensive and can be applied to virtually all industry segments. Companies demonstrated a requirement for more cost effective and efficient means to execute their marketing initiatives. We plan to penetrate each of the following industry segments: Targeted Industry Segments o Guest Accommodations o Information Services o Arts, Entertainment and Recreation [] Manufacturing [] Automotive o Motor Vehicle Retailers El Broadcasting and Telecommunications [] Pharmaceutical [] Educational Services [] Scientific Research [] Finance and Insurance [] Public Administration [] Food Service [] Public and Commercial Transportation [] General Merchandise Retail [] Real Estate [] Health Care [] Utility Companies (Please see the Business Plan for full Industry Implementation strategies and examples) Copyright © 2001 IdeaWorm, Inc. 4(_IDe(3woRm:_ Innovative Marketin9 Solutions Competitive Analysis Summary Primary Competitors -Online Marketing Firms and Technology Solution Providers When the premise and core business model was defined for IdeaWorm, there were no online or technology-driven marketing firms that offered a fully integratable infrastructure technology or commanded the services from all marketing and research disciplines. This remains true still to this day. Numerous organizations have surfaced that offer only a limited feature set specializing in one small niche of a client's marketing agenda. The problem with this model is that organizations have stressed the importance of working with a single agency that provides a full service, automated application suite of marketing solutions that is able to be integrated into their core business. Organizations do not want to jump from one company to the next to accomplish their marketing and business objectives. Currently no company offers the level or breadth of services that IdeaWorm proposes. Secondary Competitors -Traditional Marketing Firms and Agencies Traditional brick and mortar marketing firms have been the premier provider of marketing solutions for virtually all industry segments to date. The inherent problems with these models are the turn around time for obtaining results, inability for a client to manage their own campaign, and the extensive cost associated with the solutions and professional services offered. IdeaWorm was conceived to fulfill a need for organizations that wish to maintain the same level of quality the large firms offer, but also the ability to fully automate, customize, and manage their own campaigns. Our solutions were developed to offer our clients all the solutions and professional services of the top marketing agencies but at a fraction of the cost and with the ability to receive their marketing results when they want, wherever they want. (Please see the Business Plan for Primary and Secondary Competitor Company examples) Competitive Price Comparison (XMR Market Research Class Example) At the core of the IdeaWorm business model is a product line that provides real value and is highly desired. In our analysis of industry expectations, we determined that marketing and technology solutions that allow an organization full control of their campaign, with the ability to integrate into their current business and technology infrastructure, were in high demand. Furthermore, clients of IdeaWorm realize that our solutions not only reduce their administration and marketing costs, but also help them harvest consumer information to assist in identifying potential customers and substantially increase revenues. In addition to buildingworld-class marketing software and services for our customers, the IdeaWorm executive team has created a pricing structure that is extremely appealing to our client base. The following example compares using IdeaWorm's XMR Class of tools to those of a traditional "brick & mortar" marketing firm to perform a ten page mail-in survey of 5,000 individualswith a due-back date of one month from postmark. (IdeaWorm cost based on $6.50 per response for 5,000 blocks) IdeaWorm, Inc. $0.00 $0.00 $0.00 $0.00 $32,500 35% Traditional MarketingFirm $2.50 $0.50 $3.00 $5.00 $55,000 8% Quite clearly, our suite of tools is completely immune from the overhead costs of traditional marketing firms, and all of the costs associated with running a paper-based survey. From the figures above, we can extrapolate that it would cost nearly $55,000 to run the survey with a traditional marketing firm. Using IdeaWorm-based tools would not only cost roughly one half of that price, but also give the customer a higher response rate, better quality of data, and most importantly, an entire suite of reporting tools. (Please the see Business Plan for full Product Pricing Models and examples) Copyright © 2001 IdeaWorm, Inc. 5(_ IDeCIWORm'_ Innovative Marketin9 Solutions Our Dedicated Team Quality of work is only achieved consistently when bright, motivated and creative people apply their collective talents and energies to solving challenges. Our commitment is to put the best people in the optimum environment so they can produce creative and effective solutions. Our internal culture and work environment emphasize the importance of maintaining a close relationship with our clients. IdeaWorm currently has 10 employees, each representing a certain discipline and dedication to each facet of the organization and relationship with the client. "In any successful enterprise, leadership is the key -leadership through experience and by example." Gregory P. Basso, Founder, President and CEO Greg leads IdeaWorm with confidence, competitive spirit and the passion of a true entrepreneur. Greg founded IdeaWorm on a simple premise -"To create technologically superior solutions, which foster the creation of a stimulating environment where consumers and organizations can discover each other's desires and expectations while building a lasting and healthy relationship." Greg has extensive experience in the brick and mortar circuit as well as the Internet arena. In 1992, Greg co-founded SiDTec, a networking infrastructure solution provider, dedicated to providing small to medium companies detailed infrastructure enhancements and web enabled solutions. Greg also served as Chief Information Officer at Insureitonline.com. During his term at Insureitonline.com he helped transform the operations of a multi-million dollar traditional brick and mortar insurance agency into a thriving online personal insurance marketplace. Greg holds a Bachelor of Science in Business Administration, with strong emphasis on Entrepreneurial and Operations Management, from Western Michigan University and commands over 12 years of extensive experience in overseeing administrative and operational functions of various technological and traditional companies. Paul H. Goldman, Vice President and Chief Financial Officer Paul has come to IdeaWorm with over 21 years of experience in the financial discipline. Paul currently is President and sole shareholder of Paul H. Goldman & Associates, a multi-million dollar CPA firm. Paul has been a crucial factor in making many diversified businesses profitable including problem solving in all areas of operations. Paul also has been closely involved in taking private companies public including 10Q and 10K SEC filings. Paul graduated from Wayne State University where he holds a Bachelor of Science in Business Administration and is a Certified Public Accountant. Craig A. Liess, Chief Information Officer Craig brings an extensive and diversified skill-set to IdeaWorm. Craig has extensive accomplishments bringing numerous tier-1 and tier-2 automotive and heavy truck suppliers into the Digital Economy. Along with Gregory P. Basso, Craig co-founded SiDTec in 1992. Craig's role was not only as a business leader, but a chief technologist as well. While Craig's primary roles have been technology-oriented, he has also excelled in the areas of Quality Assurance and Business Management, assisting in a number of QS-9000 certifications and quality control teams. In addition, Craig has had significant involvement in coordinating technology-oriented projects for numerous portions of the military, including the U.S. Army and Air National Guard. Finally, Craig has demonstrated exceptional leadership qualities in his tenure with both SiDTec and IdeaWorm. Craig graduated from Oakland University with a Bachelor of Science in Information Technology, and is a Microsoft Certified Systems Engineer. Eaton J. Blumenstein, Director of Information Technology Eaton commands substantial experience of over 12 years in network design and implementation. He has held positions as Lead Network Infrastructure Engineer for prominent networking firms in Michigan, as well as other lead technical roles throughout his career. Eaton is responsible for the complete technical operations of IdeaWorm. He is also responsible for discovering and integrating new technologies for all product classes and communication channels. Eaton is a Microsoft Certified Systems Engineer. IdeaWorm is discussing opportunities with other prospective employees, including an Executive Vice President of Business Development with substantial experience in marketing and media relations and a Director of Sales and Product Planning who has led massive sales and marketing campaigns for major corporations throughout the United States. We expect to continue our current growth and add additional staff in the coming year focusing on sales and account executives and additional marketing staff. Equally important is the addition of staff for advancing our products, testing, and customer support. Copyright © 2001 IdeaWorm, Inc. 6_ IDecIwoRITI'_ Innovative Marketing Solutions Current Situation While traditional, brick and mortar organizations currently dominate the marketing/research field and industry, our research shows that the situation is ripe for a company with a pioneering and innovative approach. We have successfully entered the market by offering our clients a comprehensive, automated marketing and research platform that stands at the forefront of technology and drives significant gains in the effectiveness of their marketing programs and dramatically improves their productivity. We believe that organizations will find the competitive benefit of our automated marketing and research platform and suite of innovative software applications compelling enough that we will be able to obtain sales quickly and establish a solid market position. We have performed detailed market surveys, spoken with customers, studied historical market research, discussed opportunities with retailers and sales people, and observed the success of similar business approaches in other markets to confirm that our clients will favor our approach over traditional methodologies. Our organization is currently working with or in negotiations with the following companies: IdeaWorm Featured Clients and Organizations r-= Blue Cross Blue Shield o Sweet Lorraine's Restaurant o National Audit Defense Network [] Andiamo Restaurants [] Spaulding For Children [] Mark Ridley's Comedy Castle o Paul Goldman & Associates [] Jerry Baker"Master Gardener" [] The Lobster Gram Company [] Elite Boat Maintenance [] Q-Lube (Quaker State) [] Planning Perspectives Inc. [] Paper Party Place Supplies [] Felipe's Italian Restaurants [] Antonio's Italian Restaurants [] Bistecca's Grill Financial Overview Currently to date, our organization has been privately funded by the founders, and has flourished because of the dedication and commitment of our employees. During the last 18 months the founders and employees have contributed over $2.4 millionin both capital and extensive experience contributions to bring our core products to fruition. All products, technology methodologies and business partnerships have been internally developed and solely owned by IdeaWorm. Our organization has incurred no debt to date and presently maintains full ownership of all virtual and tangible assets. We have no outstanding financial responsibilities or liabilities and possess no contractual obligations for any of our development outcomes. Our organization is looking for dedicated, market intelligent investment groups who will not only offer to help fuel our future endeavors and product enhancements but also provide a high level of intellectual capital and industry experience. Capital Requirements Our organization is looking to rapidly expand our market exposure and enhance and develop our existing and future product offerings. To expand our current product offerings including the continued development of the IdeaWorm Information Infrastructure and the full development of our Proprietary Interactive Hardware Platform, we require $3 millionin funds injected in 2001. This amount will be the only round of funding required to bring IdeaWorm to profitability in 2003. It is also our determination to invest initial cash flows back into IdeaWorm to improve our technological prowess and brand recognition. Given our current strength and momentum, we are positioned to become the premiere business and marketing infrastructure technology provider to virtually all industry segments and for all marketing channels. (Please see the Business Plan for Initial Use of Proceeds and Investor Exit Strategies) Copyright© 2001 IdeaWorm, Inc. 7iDeawoRm , Innovative Marketin_lSolutions Income Statement Summary Actual & Pro ected Income Statement Summary(estimated 3 months of 2001) Bus hess Packages Revenue __,6_, ;00_ __" "_ ,.::_"_d."C:_ IdeaWorrn Intocmstion Infrastructure Revenue __ ..... ,_t._.,.: •_. Proprietary Interactive Hardware Packages Revenue __f Consultation and Implementation Services __ TOTAL REVENUE (ALL PROOLIC:TS) $477,250 $3r724,000 $44,954,000 Sales/Customer Service Expense __, _!,__:I] TOTAL COST OF SALES $105,750 $847,730 $t,246,251 CROSS PROFIT $3_rl,500 $2,926,270 $'13,707,T50 Gross Margin 79,% 78,% 92% _"___"Marketing _" "_'_":_'i'_"_ : :";"!_:_!""" " _._,_.__i:" " __ __'<"'-""'_' ....... _-_ _,'___%-!_ Technology _":%1 ..O_..._ __..4_.43. _ Consult.ion and Implementation Services _.'_ Administrative and C-eneral TOTAL OPERATING EXPENSE $415,800 $3,668,270 $5,839,_r53 NET INCOME BEFOIRETAXES ($44,,300) ($742,000) $7,867,997 (Please see the Business Plan for complete fisting of Income Statements) Cash Flow Statement Summary _,ctual& Pro ected Cash Flow Statement Summary (estimated 3 mosdhs of 2001) Con_e,_o,*=e __ """"_'i_ .... . ........... ......_ " ___ .,_ • . __':__i_:_*_., _ "4\o. t....:, ComputerSystern_ FurrutureFixtures __ Funds Requited For Capital Expenditures $949,100 $1,t74,000 $4,410,100 Funds From ODerations Net IncomeBefore Taxes *_::'='_.,:...4:<,>(7 2.0_. _ _i_._-_,_, _:_:,,,._ ._.:_..:_.f.._. _,_.a ,F,;S_%".'," Depreciation |_.;!_. :.:'//:_;. _'..',I 61_,I O0._ _..:_:_;,_ _..2BO_ Total Funds From Operatiot_s $03,065 ($580,900) $0,068,262 _.,_ :__.-. _. _:_/i_ _._ :__?.. :_, _-___ Funds From Iniected Investments Totel Funds From Injected Investments $3,000,000 p_._: ._:;:_>:_ _ .'. •_ ,L_,, :r_-_;_ .,.:..,,;_:._!_<.;: --..:__7_i._.,..:" _._ . ._ =_; _:__:';,'_.;_.:_"1 [,_n._._ z.,.,,:_.,_._._._ __:,_._.:_,;%_, , . .,._d_ ...,:_.+.-...s _:.... ...._',_*_. ._._,/,_:..,... ( = .:.._._ : Starting Cash Balance $2,433,96_.; $379,01;5 Net Change In Cash 2.133,965 (1,75¢,900) 6.658,162 Ending Cash Balance $2,133,96_; $379,065 $7,037,227 (Please see the Business Plan for complete listing of Cash Flow Statements) Copyright © 2001 IdeaWorm, Inc. 8