Detail of Statement and Uses of Cash Cash Cash Cash Cash
Confidence level 90%
                      -                          -  
Year 1 Year 2 Year 3 Year 4 Year 5
Period 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12
Cash Revenues Basic period
 
New Domains Registered - basic period      150,000
Weighted Avg. Initial/basic Subscription Term 1 2.1 Years
Sunrise Period Subscription Term (Only) 3.2 Years
Renewal Rate 75%
Weighted Avg. Renewal Term Following Initial Registration Period 1.5 Years
Registration Fee Per Domain Name Year $5.45
 Registry back end Fee per Name $2.00
Registration Period  Sunrise IP Period  Sunrise IP Period  Quiet Period  Initial Rollout  Initial Rollout  Initial Rollout  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic  Basic
Monthly Growth %                       -                          -                      -                      -                      -                      -                      -                   0.03                 0.03                 0.03                 0.03                 0.03                 0.03                 0.03                 0.03                 0.03                 0.03                 0.03                 0.03                 0.03                 0.03                 0.03                 0.03                 0.03                 0.02                 0.02                 0.02                 0.02                 0.02                 0.02                 0.02                 0.02                 0.02                 0.02                 0.02                 0.02                 0.02                 0.02                   0.02                   0.02                   0.02                   0.02                   0.02                   0.02                   0.02                   0.02                   0.02                   0.02                   0.01                   0.01                   0.01                   0.01                   0.01                   0.01
New Registrations 112,500 75,038 0 150,000 112,500 93,750 75,000 76,500 78,030 79,591 81,182 82,806 84,048 85,309 86,589 87,887 89,206 90,544 91,902 93,280 94,680 96,100 97,541 99,004 99,994 100,994 102,004 103,024 104,055 105,095 106,146 107,208 108,280 109,362 110,456 111,561 112,118 112,679 113,242 113,809 114,378 114,950 115,524 116,102 116,682 117,266 117,852 118,441 118,441 118,441 118,441 118,441 118,441 118,441
1st Renewal Period[1] 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 225,000 168,750 140,625 112,500 115,875 119,351 122,932 126,620 130,418 302,429 249,577 140,446 143,957 147,556 151,245 155,026 158,902 162,875 166,946 171,120 175,398 178,906 182,484 186,134 189,857 193,654 197,527
2ed Renewal Period 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 168,750 126,563 105,469 84,375 86,906 89,513 92,199 94,965 97,814
Sales + Renewals 112,500 75,038 0 150,000 112,500 93,750 75,000 76,500 78,030 79,591 81,182 82,806 84,048 85,309 86,589 87,887 89,206 90,544 91,902 93,280 94,680 96,100 97,541 99,004 99,994 100,994 102,004 215,524 188,430 175,408 162,396 164,583 166,802 169,055 171,343 173,665 259,530 232,939 178,184 179,724 181,282 182,857 184,451 186,062 187,692 273,716 254,289 245,429 235,625 237,219 238,837 240,480 242,148 243,841
Cummulative Under Management 112,500 187,538 0 337,538 450,038 543,788 618,788 695,288 773,318 852,908 934,091 1,016,897 1,100,945 1,186,254 1,272,842 1,360,729 1,449,935 1,540,479 1,632,381 1,725,661 1,820,341 1,916,441 2,013,982 2,112,986 2,212,981 2,313,975 2,415,980 2,631,504 2,819,934 2,995,341 3,157,737 3,322,320 3,489,122 3,658,178 3,829,521 4,003,186 4,262,715 4,495,654 4,673,838 4,853,562 5,034,844 5,217,702 5,402,152 5,588,215 5,775,907 6,049,623 6,303,912 6,549,341 6,784,966 7,022,185 7,261,021 7,501,501 7,743,648 7,987,490
Cash from New Registrations + Renewals 1,962,000 1,308,654 0 1,716,750 1,287,563 1,072,969 858,375 875,543 893,053 910,914 929,133 947,715 961,931 976,360 991,005 1,005,871 1,020,959 1,036,273 1,051,817 1,067,594 1,083,608 1,099,862 1,116,360 1,133,106 1,144,437 1,155,881 1,167,440 3,018,489 2,570,437 2,352,424 2,134,530 2,174,269 2,214,957 2,256,621 2,299,287 2,342,982 3,755,551 3,329,904 2,444,208 2,479,392 2,515,326 2,552,028 2,589,517 2,627,812 2,666,931 4,086,427 3,782,374 3,651,650 3,507,886 3,557,830 3,608,980 3,661,366 3,715,019 3,769,972
Registry Cash Expenses- Based on fees paid to outsouced service providers and internal expenses 720,000 480,240 0 630,000 472,500 393,750 315,000 321,300 327,726 334,281 340,966 347,785 353,002 358,297 363,672 369,127 374,664 380,284 385,988 391,778 397,654 403,619 409,674 415,819 419,977 424,177 428,418 905,203 791,405 736,712 682,064 691,247 700,569 710,033 719,640 729,394 1,090,024 978,343 748,372 754,842 761,384 768,001 774,693 781,462 788,307 1,149,606 1,068,016 1,030,803 989,624 996,318 1,003,114 1,010,014 1,017,020 1,024,133
Total Registry Operational Cash 1,242,000 828,414 0 1,086,750 815,063 679,219 543,375 554,243 565,327 576,634 588,167 599,930 608,929 618,063 627,334 636,744 646,295 655,989 665,829 675,817 685,954 696,243 706,687 717,287 724,460 731,705 739,022 2,113,287 1,779,032 1,615,712 1,452,466 1,483,022 1,514,388 1,546,588 1,579,646 1,613,588 2,665,527 2,351,561 1,695,836 1,724,551 1,753,942 1,784,027 1,814,824 1,846,350 1,878,624 2,936,821 2,714,359 2,620,847 2,518,262 2,561,512 2,605,866 2,651,352 2,698,000 2,745,839
Year 1 Year 2 Year 3 Year 4 Year 5
1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12
Expenses
Systems Development & Support
Office outfitting including computers and networking               6,000              10,000              16,000              12,000               8,000               2,000                         -                   6,000                      -                      -               6,000                      -                      -                      -                      -                      -                      -               2,000                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -               2,000                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -
Total Office outfitting including computers and networking               6,000              10,000              16,000              12,000               8,000               2,000                         -                   6,000                      -                      -               6,000                      -                      -                      -                      -                      -                      -               2,000                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -               2,000                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -
Customer Service
Labor                      -                      -               3,646              21,771              33,333              36,042                 36,042                  42,396              42,396              42,396              48,750            112,813              50,944              50,944              50,944              50,944              50,944              50,944              50,944              50,944              50,944              50,944              50,944            115,006              53,236              53,236              53,236              53,236              53,236              53,236              53,236              53,236              53,236              53,236              53,236            117,299              55,632              55,632              55,632              55,632              55,632              55,632              55,632              55,632                55,632                55,632                55,632              119,694                58,135                58,135                58,135                58,135                58,135                58,135                58,135                58,135                58,135                58,135                58,135              122,198
Other Customer Service                                                                                                                        
Total Customer Service                      -                      -               3,646              21,771              33,333              36,042                 36,042                  42,396              42,396              42,396              48,750            112,813              50,944              50,944              50,944              50,944              50,944              50,944              50,944              50,944              50,944              50,944              50,944            115,006              53,236              53,236              53,236              53,236              53,236              53,236              53,236              53,236              53,236              53,236              53,236            117,299              55,632              55,632              55,632              55,632              55,632              55,632              55,632              55,632                55,632                55,632                55,632              119,694                58,135                58,135                58,135                58,135                58,135                58,135                58,135                58,135                58,135                58,135                58,135              122,198
Marketing & Sales
Labor                    -                      -                20,625              20,625              20,625              20,625                 20,625                  28,438              28,438              28,438              36,250              85,688              37,881              37,881              37,881              37,881              37,881              37,881              37,881              37,881              37,881              37,881              37,881              87,319              39,586              39,586              39,586              39,586              39,586              39,586              39,586              39,586              39,586              39,586              39,586              89,023              41,367              41,367              41,367              41,367              41,367              41,367              41,367              41,367                41,367                41,367                41,367                90,805                43,229                43,229                43,229                43,229                43,229                43,229                43,229                43,229                43,229                43,229                43,229                92,666
Media                    -                      -                      -                      -                      -                      -                 112,500                  75,038                    -              150,000            112,500              93,750              75,000              76,500              78,030              79,591              81,182              82,806              84,048              85,309              86,589              87,887              89,206              90,544              91,902              93,280              94,680              96,100              97,541              99,004              99,994            100,994            102,004            215,524            188,430            175,408            162,396            164,583            166,802            169,055            171,343            173,665            259,530            232,939              178,184              179,724              181,282              182,857              184,451              186,062              187,692              273,716              254,289              245,429              235,625              237,219              238,837              240,480              242,148              243,841
Co-op Advertising                    -                      -                      -                      -                      -                      -                   28,125                  18,759                    -                37,500              28,125              23,438              18,750              19,125              19,508              19,898              20,296              20,702              21,012              21,327              21,647              21,972              22,301              22,636              22,975              23,320              23,670              24,025              24,385              24,751              24,999              25,249              25,501              53,881              47,107              43,852              40,599              41,146              41,701              42,264              42,836              43,416              64,882              58,235                44,546                44,931                45,320                45,714                46,113                46,516                46,923                68,429                63,572                61,357                58,906                59,305                59,709                60,120                60,537                60,960
Production                    -                      -                      -                      -                      -                      -                   22,500                  15,008                    -                30,000              22,500              18,750              15,000              15,300              15,606              15,918              16,236              16,561              16,810              17,062              17,318              17,577              17,841              18,109              18,380              18,656              18,936              19,220              19,508              19,801              19,999              20,199              20,401              43,105              37,686              35,082              32,479              32,917              33,360              33,811              34,269              34,733              51,906              46,588                35,637                35,945                36,256                36,571                36,890                37,212                37,538                54,743                50,858                49,086                47,125                47,444                47,767                48,096                48,430                48,768
Research                    -                      -                      -                      -                      -                      -                   11,250                   7,504                    -                15,000              11,250               9,375               7,500               7,650               7,803               7,959               8,118               8,281               8,405               8,531               8,659               8,789               8,921               9,054               9,190               9,328               9,468               9,610               9,754               9,900               9,999              10,099              10,200              21,552              18,843              17,541              16,240              16,458              16,680              16,906              17,134              17,367              25,953              23,294                17,818                17,972                18,128                18,286                18,445                18,606                18,769                27,372                25,429                24,543                23,562                23,722                23,884                24,048                24,215                24,384
Agency Fee                    -                      -                      -                      -                25,000              50,000                 22,500                  15,008                    -                30,000              22,500              18,750              15,000              15,300              15,606              15,918              16,236              16,561              16,810              17,062              17,318              17,577              17,841              18,109              18,380              18,656              18,936              19,220              19,508              19,801              19,999              20,199              20,401              43,105              37,686              35,082              32,479              32,917              33,360              33,811              34,269              34,733              51,906              46,588                35,637                35,945                36,256                36,571                36,890                37,212                37,538                54,743                50,858                49,086                47,125                47,444                47,767                48,096                48,430                48,768
Public Relations                      -                      -                      -                      -                25,000              50,000                 56,250                  37,519                    -                75,000              56,250              46,875              37,500              38,250              39,015              39,795              40,591              41,403              42,024              42,654              43,294              43,944              44,603              45,272              45,951              46,640              47,340              48,050              48,771              49,502              49,997              50,497              51,002            107,762              94,215              87,704              81,198              82,291              83,401              84,528              85,671              86,833            129,765            116,469                89,092                89,862                90,641                91,429                92,225                93,031                93,846              136,858              127,145              122,715              117,812              118,609              119,418              120,240              121,074              121,921  
Total Marketing & Sales                    -                      -                20,625              20,625              70,625            120,625               273,750                197,272              28,438            365,938            289,375            296,625            206,631            210,006            213,449            216,960            220,542            224,195            226,990            229,826            232,705            235,628            238,594            291,042            246,365            249,467            252,615            255,810            259,054            262,346            264,573            266,823            269,096            524,516            463,553            483,691            406,759            411,678            416,672            421,742            426,889            432,114            625,309            565,480              442,281              445,747              449,252              502,234              458,243              461,869              465,536              659,089              615,380              595,444              573,385              576,971              580,611              584,308              588,061              641,309
General & Administrative
Labor              28,125              38,229              55,313              64,896              68,438              68,438                 68,438                  68,438              68,438              68,438              68,438            164,313              71,517              71,517              71,517              71,517              71,517              71,517              71,517              71,517              71,517              71,517              71,517            167,392              74,735              74,735              74,735              74,735              74,735              74,735              74,735              74,735              74,735              74,735              74,735            170,610              78,099              78,099              78,099              78,099              78,099              78,099              78,099              78,099                78,099                78,099                78,099              173,974                81,613                81,613                81,613                81,613                81,613                81,613                81,613                81,613                81,613                81,613                81,613              177,488
Rent               1,407               3,752               7,504              10,318              12,194              12,663                 12,663                  14,070              14,070              14,070              15,477              15,477              15,477              15,477              15,477              15,477              15,477              15,946              15,946              15,946              15,946              15,946              15,946              15,946              15,946              15,946              15,946              15,946              15,946              16,415              16,415              16,415              16,415              16,415              16,415              16,415              16,415              16,415              16,415              16,415              16,415              16,415              16,415              16,415                16,415                16,415                16,415                16,415                16,415                16,415                16,415                16,415                16,415                16,415                16,415                16,415                16,415                16,415                16,415                16,415
Telecommunications              12,125              12,334              12,669              12,920              13,087              13,129                 13,129                  13,254              13,254              13,254              13,379              13,379              13,379              13,379              13,379              13,379              13,379              13,421              13,421              13,421              13,421              13,421              13,421              13,421              13,421              13,421              13,421              13,421              13,421              13,463              13,463              13,463              13,463              13,463              13,463              13,463              13,463              13,463              13,463              13,463              13,463              13,463              13,463              13,463                13,463                13,463                13,463                13,463                13,463                13,463                13,463                13,463                13,463                13,463                13,463                13,463                13,463                13,463                13,463                13,463
Materials & Supplies                    570               1,520               3,040               4,180               4,940               5,130                  5,130                   5,700               5,700               5,700               6,270               6,270               6,521               6,521               6,521               6,521               6,521               6,718               6,718               6,718               6,718               6,718               6,718               6,718               6,987               6,987               6,987               6,987               6,987               7,193               7,193               7,193               7,193               7,193               7,193               7,193               7,480               7,480               7,480               7,480               7,480               7,480               7,480               7,480                 7,480                 7,480                 7,480                 7,480                 7,780                 7,780                 7,780                 7,780                 7,780                 7,780                 7,780                 7,780                 7,780                 7,780                 7,780                 7,780
Travel & Entertainment                50,000              50,000              50,000              50,000              50,000              50,000                 50,000                  50,000              50,000              50,000              50,000              50,000              52,500              52,500              52,500              52,500              52,500              52,500              52,500              52,500              52,500              52,500              52,500              52,500              55,125              55,125              55,125              55,125              55,125              55,125              55,125              55,125              55,125              55,125              55,125              55,125              57,881              57,881              57,881              57,881              57,881              57,881              57,881              57,881                57,881                57,881                57,881                57,881                60,775                60,775                60,775                60,775                60,775                60,775                60,775                60,775                60,775                60,775                60,775                60,775
Seminars & Conferences                12,800              12,800              12,800              12,800              12,800              12,800                 12,800                  12,800              12,800              12,800              12,800              12,800              13,312              13,312              13,312              13,312              13,312              13,312              13,312              13,312              13,312              13,312              13,312              13,312              13,844              13,844              13,844              13,844              13,844              13,844              13,844              13,844              13,844              13,844              13,844              13,844              14,398              14,398              14,398              14,398              14,398              14,398              14,398              14,398                14,398                14,398                14,398                14,398                14,974                14,974                14,974                14,974                14,974                14,974                14,974                14,974                14,974                14,974                14,974                14,974
Insurance                 5,000               5,000               5,000               5,000               5,000               5,000                  5,000                   5,000               5,000               5,000               5,000               5,000               5,200               5,200               5,200               5,200               5,200               5,200               5,200               5,200               5,200               5,200               5,200               5,200               5,408               5,408               5,408               5,408               5,408               5,408               5,408               5,408               5,408               5,408               5,408               5,408               5,624               5,624               5,624               5,624               5,624               5,624               5,624               5,624                 5,624                 5,624                 5,624                 5,624                 5,849                 5,849                 5,849                 5,849                 5,849                 5,849                 5,849                 5,849                 5,849                 5,849                 5,849                 5,849
Facility Maintenance & Other                      -                 4,200               4,200               4,200               4,200               4,200                  4,200                   4,200               4,200               4,200               4,200               4,200               4,368               4,368               4,368               4,368               4,368               4,368               4,368               4,368               4,368               4,368               4,368               4,368               4,543               4,543               4,543               4,543               4,543               4,543               4,543               4,543               4,543               4,543               4,543               4,543               4,724               4,724               4,724               4,724               4,724               4,724               4,724               4,724                 4,724                 4,724                 4,724                 4,724                 4,913                 4,913                 4,913                 4,913                 4,913                 4,913                 4,913                 4,913                 4,913                 4,913                 4,913                 4,913
Legal Services                 6,000               6,024               6,048               6,072               6,097               6,121                  6,145                   6,170               6,195               6,219               6,244               6,269               6,294               6,320               6,345               6,370               6,396               6,421               6,447               6,473               6,499               6,525               6,551               6,577               6,603               6,630               6,656               6,683               6,710               6,736               6,763               6,790               6,818               6,845               6,872               6,900               6,927               6,955               6,983               7,011               7,039               7,067               7,095               7,124                 7,152                 7,181                 7,209                 7,238                 7,267                 7,296                 7,325                 7,355                 7,384                 7,414                 7,443                 7,473                 7,503                 7,533                 7,563                 7,593
Financial & Accounting Services                 5,800               5,823               5,846               5,870               5,893               5,917                  5,941                   5,964               5,988               6,012               6,036               6,060               6,085               6,109               6,133               6,158               6,183               6,207               6,232               6,257               6,282               6,307               6,332               6,358               6,383               6,409               6,434               6,460               6,486               6,512               6,538               6,564               6,590               6,617               6,643               6,670               6,696               6,723               6,750               6,777               6,804               6,831               6,859               6,886                 6,914                 6,941                 6,969                 6,997                 7,025                 7,053                 7,081                 7,110                 7,138                 7,167                 7,195                 7,224                 7,253                 7,282                 7,311                 7,340
Other Outside Services                 2,700               2,711               2,722               2,733               2,743               2,754                  2,765                   2,777               2,788               2,799               2,810               2,821               2,832               2,844               2,855               2,867               2,878               2,890               2,901               2,913               2,924               2,936               2,948               2,960               2,971               2,983               2,995               3,007               3,019               3,031               3,044               3,056               3,068               3,080               3,093               3,105               3,117               3,130               3,142               3,155               3,167               3,180               3,193               3,206                 3,218                 3,231                 3,244                 3,257                 3,270                 3,283                 3,296                 3,310                 3,323                 3,336                 3,350                 3,363                 3,376                 3,390                 3,403                 3,417
Trademark Review                      -                      -                      -                      -                      -                      -                    7,875                   5,253                    -                10,500               7,875               6,563               5,250               5,408               5,570               5,737               5,909               6,086               6,238               6,394               6,554               6,718               6,886               7,058               7,235               7,415               7,601               7,791               7,986               8,185               8,349               8,516               8,686              16,735              14,943              14,140              13,340              13,646              13,959              14,280              14,609              14,946              21,122              19,430                15,771                16,056                16,348                16,644                16,947                17,256                17,570                23,797                22,647                22,242                21,688                21,965                22,246                22,534                22,827                23,126
Site Hosting, Connectivity, and Devel. & Maint.                      -                      -                      -                 4,750               4,750               4,750                  4,750                   4,750               4,750               4,750               4,750               4,750               4,940               4,940               4,940               4,940               4,940               4,940               4,940               4,940               4,940               4,940               4,940               4,940               5,138               5,138               5,138               5,138               5,138               5,138               5,138               5,138               5,138               5,138               5,138               5,138               5,343               5,343               5,343               5,343               5,343               5,343               5,343               5,343                 5,343                 5,343                 5,343                 5,343                 5,557                 5,557                 5,557                 5,557                 5,557                 5,557                 5,557                 5,557                 5,557                 5,557                 5,557                 5,557
Other General & Administrative                 7,800               8,300              11,500              12,100              12,500              12,600                 12,600                  12,900              12,900              12,900              13,200              13,200              13,596              13,596              13,596              13,596              13,596              13,696              13,696              13,696              13,696              13,696              13,696              13,696              14,108              14,108              14,108              14,108              14,108              14,208              14,208              14,208              14,208              14,208              14,208              14,208              14,636              14,636              14,636              14,636              14,636              14,636              14,636              14,636                14,636                14,636                14,636                14,636                13,400                13,400                13,400                13,400                13,400                13,400                13,400                13,400                13,400                13,400                13,400                13,400
                                                                                                                         
Total G&A            132,327            150,694            176,642            195,838            202,642            203,501               211,436                211,275            206,082            216,642            216,479            311,102            221,272            221,490            221,714            221,942            222,176            223,223            223,437            223,656            223,878            224,105            224,336            320,446            232,448            232,693            232,942            233,196            233,456            234,537            234,765            234,998            235,234            243,348            241,623            336,761            248,145            248,518            248,899            249,288            249,684            250,088            256,333            254,710              251,119              251,474              251,835              348,076              259,249              259,628              260,013              266,310              265,232              264,898              264,416              264,764              265,118              265,478              265,844              362,091
Total Expenses            138,327            160,694            216,912            250,234            314,600            362,168               521,227                456,943            276,915            624,975            560,604            720,540            478,847            482,440            486,106            489,846            493,661            500,362            501,371            504,426            507,527            510,676            513,873            726,495            532,049            535,396            538,793            542,243            545,746            552,119            552,575            555,057            557,566            821,100            758,412            937,750            710,536            715,828            721,203            726,661            732,205            737,834            937,274            875,821              749,032              752,853              756,718              970,005              775,627              779,632              783,684              983,535              938,747              918,478              895,936              899,870              903,865              907,921              912,040           1,125,598
gTLD CONSORTIUM gTLD CONSORTIUM gTLD CONSORTIUM gTLD CONSORTIUM gTLD CONSORTIUM
Cash Cash Cash Cash Cash
Period Year 1 Month 1 Year 1 Month 2 Year 1 Month 3 Year 1 Month 4 Year 1 Month 5 Year 1 Month 6 Year 1 Month 7 Year 1 Month 8 Year 1 Month 9 Year 1 Month 10 Year 1 Month 11 Year 1 Month 12 Year 2 Month 1 Year 2 Month 2 Year 2 Month 3 Year 2 Month 4 Year 2 Month 5 Year 2 Month 6 Year 2 Month 7 Year 2 Month 8 Year 2 Month 9 Year 2 Month 10 Year 2 Month 11 Year 2 Month 12 Year 3  Month 1 Year 3  Month 2 Year 3  Month 3 Year 3  Month 4 Year 3  Month 5 Year 3  Month 6 Year 3  Month 7 Year 3  Month 8 Year 3  Month 9 Year 3  Month 10 Year 3  Month 11 Year 3  Month 12 Year 4  Month 1 Year 4  Month 2 Year 4  Month 3 Year 4  Month 4 Year 4  Month 5 Year 4  Month 6 Year 4  Month 7 Year 4  Month 8 Year 4  Month 9 Year 4  Month 10 Year 4  Month 11 Year 4  Month 12 Year 5  Month 1 Year 5  Month 2 Year 5  Month 3 Year 5  Month 4 Year 5  Month 5 Year 5  Month 6 Year 5  Month 7 Year 5  Month 8 Year 5  Month 9 Year 5  Month 10 Year 5  Month 11 Year 5  Month 12
Cash Sales
Registration Revenue (Cash) #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
Cash Outlays
Capital Expenditures           (185,000)           (334,000)             (74,000)             (28,000)             (28,000)                    -                         -                          -               (21,000)                    -                      -                      -                      -                      -                (3,500)             (17,000)                    -               (50,000)                    -                      -                      -                      -             (300,000)                    -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -             (100,000)                    -                      -                      -                      -                      -                      -                      -                        -                        -                        -                        -               (100,000)                      -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -  
Core Registry Fee (Cash)                    -                      -                      -                      -                      -                      -                (720,000)               (480,240)                    -             (630,000)           (472,500)           (393,750)           (315,000)           (321,300)           (327,726)           (334,281)           (340,966)           (347,785)           (353,002)           (358,297)           (363,672)           (369,127)           (374,664)           (380,284)           (385,988)           (391,778)           (397,654)           (403,619)           (409,674)           (415,819)           (419,977)           (424,177)           (428,418)           (905,203)           (791,405)           (736,712)           (682,064)           (691,247)           (700,569)           (710,033)           (719,640)           (729,394)        (1,090,024)           (978,343)             (748,372)             (754,842)             (761,384)             (768,001)             (774,693)             (781,462)             (788,307)          (1,149,606)          (1,068,016)          (1,030,803)             (989,624)             (996,318)          (1,003,114)          (1,010,014)          (1,017,020)          (1,024,133)
Systems Development & Support              (6,000)             (10,000)             (16,000)             (12,000)              (8,000)              (2,000)                         -                  (6,000)                      -                      -              (6,000)                      -                      -                      -                      -                      -                      -              (2,000)                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -              (2,000)                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -
Customer Service                    -                      -                (3,646)             (21,771)             (33,333)             (36,042)                (36,042)                 (42,396)             (42,396)             (42,396)             (48,750)           (112,813)             (50,944)             (50,944)             (50,944)             (50,944)             (50,944)             (50,944)             (50,944)             (50,944)             (50,944)             (50,944)             (50,944)           (115,006)             (53,236)             (53,236)             (53,236)             (53,236)             (53,236)             (53,236)             (53,236)             (53,236)             (53,236)             (53,236)             (53,236)           (117,299)             (55,632)             (55,632)             (55,632)             (55,632)             (55,632)             (55,632)             (55,632)             (55,632)               (55,632)               (55,632)               (55,632)             (119,694)               (58,135)               (58,135)               (58,135)               (58,135)               (58,135)               (58,135)               (58,135)               (58,135)               (58,135)               (58,135)               (58,135)             (122,198)
Marketing                    -                      -               (20,625)             (20,625)             (70,625)           (120,625)              (273,750)               (197,272)             (28,438)           (365,938)           (289,375)           (296,625)           (206,631)           (210,006)           (213,449)           (216,960)           (220,542)           (224,195)           (226,990)           (229,826)           (232,705)           (235,628)           (238,594)           (291,042)           (246,365)           (249,467)           (252,615)           (255,810)           (259,054)           (262,346)           (264,573)           (266,823)           (269,096)           (524,516)           (463,553)           (483,691)           (406,759)           (411,678)           (416,672)           (421,742)           (426,889)           (432,114)           (625,309)           (565,480)             (442,281)             (445,747)             (449,252)             (502,234)             (458,243)             (461,869)             (465,536)             (659,089)             (615,380)             (595,444)             (573,385)             (576,971)             (580,611)             (584,308)             (588,061)             (641,309)
G&A           (132,327)           (150,694)           (176,642)           (195,838)           (202,642)           (203,501)              (211,436)               (211,275)           (206,082)           (216,642)           (216,479)           (311,102)           (221,272)           (221,490)           (221,714)           (221,942)           (222,176)           (223,223)           (223,437)           (223,656)           (223,878)           (224,105)           (224,336)           (320,446)           (232,448)           (232,693)           (232,942)           (233,196)           (233,456)           (234,537)           (234,765)           (234,998)           (235,234)           (243,348)           (241,623)           (336,761)           (248,145)           (248,518)           (248,899)           (249,288)           (249,684)           (250,088)           (256,333)           (254,710)             (251,119)             (251,474)             (251,835)             (348,076)             (259,249)             (259,628)             (260,013)             (266,310)             (265,232)             (264,898)             (264,416)             (264,764)             (265,118)             (265,478)             (265,844)             (362,091)
R&D #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
Total #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
Interest* 6%                    -   #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
Rebates #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
                                                                                                                       
Net Cash from Operating Before Taxes #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
Cumulative Cash Balance After Disbursements #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
Debt Balance                    -                      -                      -                      -                      -                      -                         -                          -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                      -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -                        -  
*Function as percent of previous period Cash Balance After Debt & Equity Financing and Disbursements Debt Balance.                                                                                                                    
Financing
Debt
Equity
Cash Balance
ST Investments
Cash
                                                                                                                                   
Year 1 Year 2 Year 3 Year 4 Year 5
Period 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12
Beginning Cash Balance & Additional Cash 1,003,111
Cash from Registrations less associated operational costs                    -                      -                      -                      -                      -                      -              1,242,000                828,414                    -           1,086,750            815,063            679,219            543,375            554,243            565,327            576,634            588,167            599,930            608,929            618,063            627,334            636,744            646,295            655,989            665,829            675,817            685,954            696,243            706,687            717,287            724,460            731,705            739,022         2,113,287         1,779,032         1,615,712         1,452,466         1,483,022         1,514,388         1,546,588         1,579,646         1,613,588         2,665,527         2,351,561           1,695,836           1,724,551           1,753,942           1,784,027           1,814,824           1,846,350           1,878,624           2,936,821           2,714,359           2,620,847           2,518,262           2,561,512           2,605,866           2,651,352           2,698,000           2,745,839
Cash Expenses            138,327            160,694            216,912            250,234            314,600            362,168               521,227                456,943            276,915            624,975            560,604            720,540            478,847            482,440            486,106            489,846            493,661            500,362            501,371            504,426            507,527            510,676            513,873            726,495            532,049            535,396            538,793            542,243            545,746            552,119            552,575            555,057            557,566            821,100            758,412            937,750            710,536            715,828            721,203            726,661            732,205            737,834            937,274            875,821              749,032              752,853              756,718              970,005              775,627              779,632              783,684              983,535              938,747              918,478              895,936              899,870              903,865              907,921              912,040           1,125,598
Net Increase/(Decrease) in Cash           (138,327)           (160,694)           (216,912)           (250,234)           (314,600)           (362,168)               720,773                371,471           (276,915)            461,775            254,458             (41,321)              64,528              71,802              79,221              86,788              94,505              99,568            107,558            113,637            119,806            126,067            132,421             (70,505)            133,780            140,421            147,160            154,000            160,941            165,168            171,885            176,647            181,456         1,292,186         1,020,620            677,961            741,931            767,194            793,185            819,927            847,442            875,754         1,728,254         1,475,740              946,804              971,698              997,224              814,023           1,039,196           1,066,718           1,094,939           1,953,286           1,775,612           1,702,369           1,622,325           1,661,642           1,702,001           1,743,431           1,785,959           1,620,241
Ending Cash Balance $864,784 $704,090 $487,178 $236,944 ($77,656) ($439,824) $280,948 $652,420 $375,504 $837,279 $1,091,737 $1,050,416 $1,114,944 $1,186,746 $1,265,968 $1,352,756 $1,447,261 $1,546,829 $1,654,387 $1,768,024 $1,887,831 $2,013,898 $2,146,320 $2,075,814 $2,209,594 $2,350,015 $2,497,176 $2,651,176 $2,812,116 $2,977,285 $3,149,170 $3,325,817 $3,507,273 $4,799,459 $5,820,079 $6,498,041 $7,239,971 $8,007,165 $8,800,350 $9,620,277 $10,467,719 $11,343,472 $13,071,726 $14,547,466 $15,494,270 $16,465,968 $17,463,191 $18,277,214 $19,316,411 $20,383,128 $21,478,068 $23,431,354 $25,206,965 $26,909,335 $28,531,660 $30,193,302 $31,895,303 $33,638,735 $35,424,694 $37,044,935
                                                                                                                                   

[1]

starts 2 yrs. After initial rollout