DETAIL P&L AND OTHER INPUTS
Month						1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18	19	20	21	22	23	24	25	26	27	28	29	30	31	32	33	34	35	36	37	38	39	40	41	42	43	44	45	46	47	48
Revenue
	Monthly Growth Rate					0%	0%	0%	0%	0%	0%	0%	0%	-14%	3%	3%	3%	5%	5%	5%	5%	5%	5%	7%	7%	7%	7%	7%	7%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	10%	5%	2%	2%	2%	2%	2%	2%	2%	2%	2%	2%
	New Domains Registered	93,000				-	-	-	-	-	-	350,000	350,000	300,000	93,000	95,790	98,664	103,597	108,777	114,216	119,927	125,923	132,219	141,474	151,377	161,973	173,311	185,443	198,424	198,424	198,424	198,424	198,424	198,424	198,424	198,424	198,424	198,424	198,424	198,424	198,424	218,266	229,179	233,763	238,438	243,207	248,071	253,032	258,093	263,255	268,520	273,890	279,368
	Annual Subscription Term (Enter as Integer)	2				2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
	Domain Years (Sales Units)					-	-	-	-	-	-	700,000	700,000	600,000	186,000	191,580	197,328	207,194	217,554	228,432	239,854	251,846	264,438	282,948	302,754	323,946	346,622	370,886	396,848	396,848	396,848	396,848	396,848	396,848	396,848	396,848	396,848	396,848	396,848	396,848	396,848	436,532	458,358	467,526	476,876	486,414	496,142	506,064	516,186	526,510	537,040	547,780	558,736
	New Domains Up For  Renewal					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	350,000	350,000	300,000	93,000	95,790	98,664	103,597	108,777	114,216	119,927	125,923	132,219	141,474	151,377	161,973	173,311	185,443	198,424
	Renewal Rate	75%				75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%
	Domains Renewed					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	262,500	262,500	225,000	69,750	71,843	73,998	77,698	81,583	85,662	89,945	94,442	99,164	106,106	113,533	121,480	129,983	139,082	148,818
	Annual Subscription Term (Equal to New Reg)	2				2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
	Domain Years (Sales Units)					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	525,000	525,000	450,000	139,500	143,685	147,996	155,396	163,166	171,324	179,891	188,885	198,329	212,211	227,066	242,960	259,967	278,165	297,636
	Renewal revenue					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,150,000	3,150,000	2,700,000	837,000	862,110	887,976	932,373	978,993	1,027,944	1,079,343	1,133,307	1,189,971	1,273,266	1,362,393	1,457,757	1,559,799	1,668,987	1,785,816
	Total Domain Years (Sales Units)					-	-	-	-	-	-	700,000	700,000	600,000	186,000	191,580	197,328	207,194	217,554	228,432	239,854	251,846	264,438	282,948	302,754	323,946	346,622	370,886	396,848	396,848	396,848	396,848	396,848	396,848	396,848	921,848	921,848	846,848	536,348	540,533	544,844	591,928	621,524	638,850	656,767	675,299	694,471	718,275	743,252	769,470	797,007	825,945	856,372
	Registration Fee Per Domain Name Year	$6.00				6.00	6.00	6.00	$6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00
	Total Registration Revenue (Cash)					-	-	-	-	-	-	4,200,000	4,200,000	3,600,000	1,116,000	1,149,480	1,183,968	1,243,164	1,305,324	1,370,592	1,439,124	1,511,076	1,586,628	1,697,688	1,816,524	1,943,676	2,079,732	2,225,316	2,381,088	2,381,088	2,381,088	2,381,088	2,381,088	2,381,088	2,381,088	5,531,088	5,531,088	5,081,088	3,218,088	3,243,198	3,269,064	3,551,565	3,729,141	3,833,100	3,940,599	4,051,791	4,166,823	4,309,650	4,459,509	4,616,817	4,782,039	4,955,667	5,138,232
	Total Registration Revenue (Accrual)					-	-	-	-	-	-	175,000	350,000	500,000	546,500	594,395	643,727	695,526	749,914	807,022	866,986	929,947	996,057	1,066,794	1,142,482	1,223,469	1,310,124	1,402,846	1,502,058	1,601,270	1,700,482	1,799,694	1,898,906	1,998,118	2,097,330	2,284,042	2,470,754	2,644,966	2,767,428	2,890,587	3,014,465	3,149,497	3,291,281	3,436,717	3,585,917	3,739,002	3,896,092	4,057,976	4,224,867	4,396,988	4,574,576	4,757,881	4,947,171
Cost of Revenue
	Labor					106,242	106,242	106,242	106,242	106,242	106,242	106,242	106,242	106,242	106,242	106,242	106,242	116,866	116,866	116,866	116,866	116,866	116,866	116,866	116,866	116,866	116,866	116,866	116,866	127,490	127,490	127,490	127,490	127,490	127,490	127,490	127,490	127,490	127,490	127,490	127,490	138,114	138,114	138,114	138,114	138,114	138,114	138,114	138,114	138,114	138,114	138,114	138,114
	Registry Fees
	New Sales  (From Above)					-	-	-	-	-	-	700,000	700,000	600,000	186,000	191,580	197,328	207,194	217,554	228,432	239,854	251,846	264,438	282,948	302,754	323,946	346,622	370,886	396,848	396,848	396,848	396,848	396,848	396,848	396,848	921,848	921,848	846,848	536,348	540,533	544,844	591,928	621,524	638,850	656,767	675,299	694,471	718,275	743,252	769,470	797,007	825,945	856,372
	Renewals					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	262,500	262,500	225,000	69,750	71,843	73,998	77,698	81,583	85,662	89,945	94,442	99,164	106,106	113,533	121,480	129,983	139,082	148,818
	Total sales					-	-	-	-	-	-	700,000	700,000	600,000	186,000	191,580	197,328	207,194	217,554	228,432	239,854	251,846	264,438	282,948	302,754	323,946	346,622	370,886	396,848	396,848	396,848	396,848	396,848	396,848	396,848	1,184,348	1,184,348	1,071,848	606,098	612,376	618,842	669,625	703,106	724,512	746,712	769,741	793,635	824,381	856,784	890,949	926,990	965,027	1,005,190
	Core Registry Fee per Name	$0.00				-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
	Total Core Registry Fee (Cash)					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
																16,854,940
	Core Registry Fee (Accrual)					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
	Total Cost of Revenue					106,242	106,242	106,242	106,242	106,242	106,242	106,242	106,242	106,242	106,242	106,242	106,242	116,866	116,866	116,866	116,866	116,866	116,866	116,866	116,866	116,866	116,866	116,866	116,866	127,490	127,490	127,490	127,490	127,490	127,490	127,490	127,490	127,490	127,490	127,490	127,490	138,114	138,114	138,114	138,114	138,114	138,114	138,114	138,114	138,114	138,114	138,114	138,114
Gross Margin						(106,242)	(106,242)	(106,242)	(106,242)	(106,242)	(106,242)	68,758	243,758	393,758	440,258	488,153	537,485	578,660	633,048	690,156	750,120	813,081	879,191	949,928	1,025,616	1,106,603	1,193,258	1,285,980	1,385,192	1,473,780	1,572,992	1,672,204	1,771,416	1,870,628	1,969,840	2,156,552	2,343,264	2,517,476	2,639,938	2,763,097	2,886,975	3,011,383	3,153,167	3,298,602	3,447,803	3,600,887	3,757,978	3,919,862	4,086,753	4,258,874	4,436,461	4,619,767	4,809,057
Sales & Marketing
	Labor					22,367	22,367	22,367	22,367	22,367	22,367	22,367	22,367	22,367	22,367	22,367	22,367	24,603	24,603	24,603	24,603	24,603	24,603	24,603	24,603	24,603	24,603	24,603	24,603	26,840	26,840	26,840	26,840	26,840	26,840	26,840	26,840	26,840	26,840	26,840	26,840	29,077	29,077	29,077	29,077	29,077	29,077	29,077	29,077	29,077	29,077	29,077	29,077
	Outsourced Marketing Efforts (advertising & Promotion)					1,748,269	809,584	799,584	584,584	745,001	1,751,250	1,851,250	1,816,250	1,986,667	2,066,250	2,101,250	595,001	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000
	Total Sales & Marketing					1,770,636	831,951	821,951	606,951	767,368	1,773,617	1,873,617	1,838,617	2,009,034	2,088,617	2,123,617	617,368	524,603	524,603	524,603	524,603	524,603	524,603	524,603	524,603	524,603	524,603	524,603	524,603	526,840	526,840	526,840	526,840	526,840	526,840	526,840	526,840	526,840	526,840	526,840	526,840	529,077	529,077	529,077	529,077	529,077	529,077	529,077	529,077	529,077	529,077	529,077	529,077
General & Administrative
	Labor					77,775	77,775	77,775	77,775	77,775	77,775	77,775	77,775	77,775	77,775	77,775	77,775	83,692	83,692	83,692	83,692	83,692	83,692	83,692	83,692	83,692	83,692	83,692	83,692	89,609	89,609	89,609	89,609	89,609	89,609	89,609	89,609	89,609	89,609	89,609	89,609	95,526	95,526	95,526	95,526	95,526	95,526	95,526	95,526	95,526	95,526	95,526	95,526
	Rent and rates					18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900	18,900
	Telecomunications					3,375	3,375	3,375	8,375	8,375	8,375	8,375	8,375	8,375	8,375	8,375	9,213	9,213	9,213	9,213	9,213	9,213	9,213	9,213	9,213	9,213	9,213	9,213	10,050	10,050	10,050	10,050	10,050	10,050	10,050	10,050	10,050	10,050	10,050	10,050	10,888	10,888	10,888	10,888	10,888	10,888	10,888	10,888	10,888	10,888	10,888	10,888	10,888
	Outsourced Legal					5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788
	Outsourced Consulting (CPA firm)					7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,875	7,875	7,875	7,875	7,875	7,875	7,875	7,875	7,875	7,875	7,875	7,875	8,269	8,269	8,269	8,269	8,269	8,269	8,269	8,269	8,269	8,269	8,269	8,269	8,682	8,682	8,682	8,682	8,682	8,682	8,682	8,682	8,682	8,682	8,682	8,682
	Outsourced Public Relations Efforts					5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788
	Insurance					3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,150	3,150	3,150	3,150	3,150	3,150	3,150	3,150	3,150	3,150	3,150	3,150	3,308	3,308	3,308	3,308	3,308	3,308	3,308	3,308	3,308	3,308	3,308	3,308	3,473	3,473	3,473	3,473	3,473	3,473	3,473	3,473	3,473	3,473	3,473	3,473
	Equipment hire and rental					5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788
	Outsourced billing and customer services					167,000	167,000	167,000	167,000	167,000	167,000	167,000	167,000	167,000	167,000	167,000	167,000	175,350	175,350	175,350	175,350	175,350	175,350	175,350	175,350	175,350	175,350	175,350	175,350	184,118	184,118	184,118	184,118	184,118	184,118	184,118	184,118	184,118	184,118	184,118	184,118	193,323	193,323	193,323	193,323	193,323	193,323	193,323	193,323	193,323	193,323	193,323	193,323
	Internet/co-location costs(including office costs)					101,500	101,500	101,500	101,500	101,500	101,500	101,500	101,500	101,500	101,500	101,500	101,500	111,650	111,650	111,650	111,650	111,650	111,650	111,650	111,650	111,650	111,650	111,650	111,650	122,815	122,815	122,815	122,815	122,815	122,815	122,815	122,815	122,815	122,815	122,815	122,815	135,097	135,097	135,097	135,097	135,097	135,097	135,097	135,097	135,097	135,097	135,097	135,097
	Advisory committee remuneration					10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576
	ICANN fee					20,833	20,833	20,833	20,833	20,833	20,833	20,833	20,833	20,833	20,833	20,833	20,833	21,875	21,875	21,875	21,875	21,875	21,875	21,875	21,875	21,875	21,875	21,875	21,875	22,968	22,968	22,968	22,968	22,968	22,968	22,968	22,968	22,968	22,968	22,968	22,968	24,117	24,117	24,117	24,117	24,117	24,117	24,117	24,117	24,117	24,117	24,117	24,117
	Escrow agents					2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,100	2,100	2,100	2,100	2,100	2,100	2,100	2,100	2,100	2,100	2,100	2,100	2,205	2,205	2,205	2,205	2,205	2,205	2,205	2,205	2,205	2,205	2,205	2,205	2,315	2,315	2,315	2,315	2,315	2,315	2,315	2,315	2,315	2,315	2,315	2,315
	Software license fees					20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	22,050	22,050	22,050	22,050	22,050	22,050	22,050	22,050	22,050	22,050	22,050	22,050	23,153	23,153	23,153	23,153	23,153	23,153	23,153	23,153	23,153	23,153	23,153	23,153
	Hardware maintenance					5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,513	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788	5,788
	Utilities					2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,625	2,756	2,756	2,756	2,756	2,756	2,756	2,756	2,756	2,756	2,756	2,756	2,756	2,894	2,894	2,894	2,894	2,894	2,894	2,894	2,894	2,894	2,894	2,894	2,894
	General expenses					30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	31,500	31,500	31,500	31,500	31,500	31,500	31,500	31,500	31,500	31,500	31,500	31,500	33,075	33,075	33,075	33,075	33,075	33,075	33,075	33,075	33,075	33,075	33,075	33,075	34,729	34,729	34,729	34,729	34,729	34,729	34,729	34,729	34,729	34,729	34,729	34,729
	Total G&A					484,383	484,383	484,383	489,383	489,383	489,383	489,383	489,383	489,383	489,383	489,383	490,221	520,429	520,429	520,429	520,429	520,429	520,429	520,429	520,429	520,429	520,429	520,429	521,267	553,197	553,197	553,197	553,197	553,197	553,197	553,197	553,197	553,197	553,197	553,197	554,035	587,825	587,825	587,825	587,825	587,825	587,825	587,825	587,825	587,825	587,825	587,825	587,825
R&D
	Labor					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
	Outsourced R&D Efforts					10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576
	Total R&D					10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	10,500	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,025	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576	11,576
Operating Expenses						2,265,019	1,326,334	1,316,334	1,106,334	1,266,751	2,273,000	2,373,000	2,338,000	2,508,417	2,588,000	2,623,000	1,117,588	1,055,532	1,055,532	1,055,532	1,055,532	1,055,532	1,055,532	1,055,532	1,055,532	1,055,532	1,055,532	1,055,532	1,056,370	1,091,062	1,091,062	1,091,062	1,091,062	1,091,062	1,091,062	1,091,062	1,091,062	1,091,062	1,091,062	1,091,062	1,091,900	1,128,477	1,128,477	1,128,477	1,128,477	1,128,477	1,128,477	1,128,477	1,128,477	1,128,477	1,128,477	1,128,477	1,128,477
Earnings Before Interest, Taxes, Depreciation & Amortization (EBITDA)						(2,371,260)	(1,432,575)	(1,422,575)	(1,212,575)	(1,372,992)	(2,379,241)	(2,304,241)	(2,094,241)	(2,114,658)	(2,147,741)	(2,134,846)	(580,103)	(476,873)	(422,484)	(365,376)	(305,413)	(242,451)	(176,342)	(105,605)	(29,916)	51,070	137,726	230,447	328,822	382,717	481,929	581,141	680,353	779,565	878,777	1,065,489	1,252,201	1,426,413	1,548,875	1,672,035	1,795,075	1,882,906	2,024,689	2,170,125	2,319,326	2,472,410	2,629,500	2,791,385	2,958,275	3,130,396	3,307,984	3,491,290	3,680,580
Depreciation & Amortization						178,889	185,000	185,556	186,111	186,667	187,222	187,778	187,778	187,778	187,778	187,778	187,778	187,778	187,778	187,778	187,778	187,778	187,778	187,778	187,778	187,778	187,778	187,778	187,778	193,333	193,333	193,333	193,333	193,333	193,333	216,944	216,944	216,944	216,944	216,944	216,944	38,056	31,944	31,389	30,833	30,278	29,722	29,167	29,167	29,167	29,167	29,167	29,167
Earnings Before Interest, Taxes						(2,550,149)	(1,617,575)	(1,608,131)	(1,398,686)	(1,559,659)	(2,566,464)	(2,492,019)	(2,282,019)	(2,302,436)	(2,335,519)	(2,322,624)	(767,881)	(664,651)	(610,262)	(553,154)	(493,191)	(430,229)	(364,120)	(293,383)	(217,694)	(136,708)	(50,052)	42,669	141,044	189,384	288,596	387,808	487,020	586,232	685,444	848,545	1,035,257	1,209,469	1,331,931	1,455,090	1,578,131	1,844,850	1,992,745	2,138,736	2,288,492	2,442,132	2,599,778	2,762,218	2,929,109	3,101,229	3,278,817	3,462,123	3,651,413
Interest						-	(11,887)	4,519	18,990	31,506	45,751	70,201	53,895	36,877	27,392	43,448	59,681	60,676	60,575	59,852	58,468	56,386	53,563	49,956	45,203	39,213	31,893	23,138	12,841	890	(8,726)	(20,439)	(32,268)	(44,216)	(56,284)	(68,472)	(103,782)	(147,945)	(188,050)	(209,926)	(232,272)	(255,091)	(280,492)	(307,922)	(336,667)	(366,773)	(398,293)	(431,278)	(466,022)	(502,611)	(541,139)	(581,705)	(624,413)
Pretax Profit						(2,550,149)	(1,605,688)	(1,612,650)	(1,417,677)	(1,591,165)	(2,612,215)	(2,562,220)	(2,335,915)	(2,339,313)	(2,362,911)	(2,366,073)	(827,561)	(725,327)	(670,837)	(613,006)	(551,659)	(486,615)	(417,682)	(343,339)	(262,897)	(175,921)	(81,945)	19,531	128,203	188,493	297,322	408,246	519,288	630,448	741,728	917,017	1,139,039	1,357,414	1,519,981	1,665,016	1,810,402	2,099,941	2,273,237	2,446,658	2,625,159	2,808,905	2,998,071	3,193,496	3,395,130	3,603,840	3,819,957	4,043,828	4,275,826
Estimated Stockholder Taxes		0%				-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	186,056	186,056	186,056	186,056	186,056	186,056	186,056	186,056	186,056	186,056	186,056	186,056
Estimated Net Income						(2,550,149)	(1,605,688)	(1,612,650)	(1,417,677)	(1,591,165)	(2,612,215)	(2,562,220)	(2,335,915)	(2,339,313)	(2,362,911)	(2,366,073)	(827,561)	(725,327)	(670,837)	(613,006)	(551,659)	(486,615)	(417,682)	(343,339)	(262,897)	(175,921)	(81,945)	19,531	128,203	188,493	297,322	408,246	519,288	630,448	741,728	917,017	1,139,039	1,357,414	1,519,981	1,665,016	1,810,402	1,913,885	2,087,181	2,260,602	2,439,103	2,622,849	2,812,015	3,007,440	3,209,074	3,417,784	3,633,901	3,857,772	4,089,770
CASH
Cash Sales
	Registration Revenue (Cash)					-	-	-	-	-	-	4,200,000	4,200,000	3,600,000	1,116,000	1,149,480	1,183,968	1,243,164	1,305,324	1,370,592	1,439,124	1,511,076	1,586,628	1,697,688	1,816,524	1,943,676	2,079,732	2,225,316	2,381,088	2,381,088	2,381,088	2,381,088	2,381,088	2,381,088	2,381,088	5,531,088	5,531,088	5,081,088	3,218,088	3,243,198	3,269,064	3,551,565	3,729,141	3,833,100	3,940,599	4,051,791	4,166,823	4,309,650	4,459,509	4,616,817	4,782,039	4,955,667	5,138,232
Cash Outlays
	Capital Expenditures					(6,440,000)	(220,000)	(20,000)	(20,000)	(20,000)	(20,000)	(20,000)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	(200,000)	-	-	-	-	-	(850,000)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
	Core Registry Fee (Cash)					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
	Other COR (Labor Only)					(106,242)	(106,242)	(106,242)	(106,242)	(106,242)	(106,242)	(106,242)	(106,242)	(106,242)	(106,242)	(106,242)	(106,242)	(116,866)	(116,866)	(116,866)	(116,866)	(116,866)	(116,866)	(116,866)	(116,866)	(116,866)	(116,866)	(116,866)	(116,866)	(127,490)	(127,490)	(127,490)	(127,490)	(127,490)	(127,490)	(127,490)	(127,490)	(127,490)	(127,490)	(127,490)	(127,490)	(138,114)	(138,114)	(138,114)	(138,114)	(138,114)	(138,114)	(138,114)	(138,114)	(138,114)	(138,114)	(138,114)	(138,114)
	Marketing					(1,770,636)	(831,951)	(821,951)	(606,951)	(767,368)	(1,773,617)	(1,873,617)	(1,838,617)	(2,009,034)	(2,088,617)	(2,123,617)	(617,368)	(524,603)	(524,603)	(524,603)	(524,603)	(524,603)	(524,603)	(524,603)	(524,603)	(524,603)	(524,603)	(524,603)	(524,603)	(526,840)	(526,840)	(526,840)	(526,840)	(526,840)	(526,840)	(526,840)	(526,840)	(526,840)	(526,840)	(526,840)	(526,840)	(529,077)	(529,077)	(529,077)	(529,077)	(529,077)	(529,077)	(529,077)	(529,077)	(529,077)	(529,077)	(529,077)	(529,077)
	G&A					(484,383)	(484,383)	(484,383)	(489,383)	(489,383)	(489,383)	(489,383)	(489,383)	(489,383)	(489,383)	(489,383)	(490,221)	(520,429)	(520,429)	(520,429)	(520,429)	(520,429)	(520,429)	(520,429)	(520,429)	(520,429)	(520,429)	(520,429)	(521,267)	(553,197)	(553,197)	(553,197)	(553,197)	(553,197)	(553,197)	(553,197)	(553,197)	(553,197)	(553,197)	(553,197)	(554,035)	(587,825)	(587,825)	(587,825)	(587,825)	(587,825)	(587,825)	(587,825)	(587,825)	(587,825)	(587,825)	(587,825)	(587,825)
	R&D					(10,000)	(10,000)	(10,000)	(10,000)	(10,000)	(10,000)	(10,000)	(10,000)	(10,000)	(10,000)	(10,000)	(10,000)	(10,500)	(10,500)	(10,500)	(10,500)	(10,500)	(10,500)	(10,500)	(10,500)	(10,500)	(10,500)	(10,500)	(10,500)	(11,025)	(11,025)	(11,025)	(11,025)	(11,025)	(11,025)	(11,025)	(11,025)	(11,025)	(11,025)	(11,025)	(11,025)	(11,576)	(11,576)	(11,576)	(11,576)	(11,576)	(11,576)	(11,576)	(11,576)	(11,576)	(11,576)	(11,576)	(11,576)
	Total					(8,811,260)	(1,652,575)	(1,442,575)	(1,232,575)	(1,392,992)	(2,399,241)	(2,499,241)	(2,444,241)	(2,614,658)	(2,694,241)	(2,729,241)	(1,223,830)	(1,172,398)	(1,172,398)	(1,172,398)	(1,172,398)	(1,172,398)	(1,172,398)	(1,172,398)	(1,172,398)	(1,172,398)	(1,172,398)	(1,172,398)	(1,173,236)	(1,418,552)	(1,218,552)	(1,218,552)	(1,218,552)	(1,218,552)	(1,218,552)	(2,068,552)	(1,218,552)	(1,218,552)	(1,218,552)	(1,218,552)	(1,219,390)	(1,266,592)	(1,266,592)	(1,266,592)	(1,266,592)	(1,266,592)	(1,266,592)	(1,266,592)	(1,266,592)	(1,266,592)	(1,266,592)	(1,266,592)	(1,266,592)
Interest*		1.00%				-	11,887	(4,519)	(18,990)	(31,506)	(45,751)	(70,201)	(53,895)	(36,877)	(27,392)	(43,448)	(59,681)	(60,676)	(60,575)	(59,852)	(58,468)	(56,386)	(53,563)	(49,956)	(45,203)	(39,213)	(31,893)	(23,138)	(12,841)	(890)	8,726	20,439	32,268	44,216	56,284	68,472	103,782	147,945	188,050	209,926	232,272	255,091	280,492	307,922	336,667	366,773	398,293	431,278	466,022	502,611	541,139	581,705	624,413
Net Cash from Operating Before Taxes						(8,811,260)	(1,640,688)	(1,447,095)	(1,251,566)	(1,424,498)	(2,444,992)	1,630,558	1,701,863	948,465	(1,605,633)	(1,623,210)	(99,542)	10,090	72,351	138,342	208,258	282,292	360,667	475,334	598,923	732,064	875,441	1,029,779	1,195,012	961,645	1,171,262	1,182,974	1,194,804	1,206,752	1,218,820	3,531,008	4,416,318	4,010,481	2,187,586	2,234,572	2,281,946	2,540,065	2,743,041	2,874,431	3,010,674	3,151,973	3,298,524	3,474,337	3,658,939	3,852,836	4,056,587	4,270,781	4,496,053
	Equity/debt Financing (Enter Number as a Positive)					10,000,000
	Disbursements (Enter Number as a Negative)
Cumulative Cash Balance After Disbursements						1,188,740	(451,948)	(1,899,043)	(3,150,609)	(4,575,107)	(7,020,100)	(5,389,542)	(3,687,679)	(2,739,214)	(4,344,847)	(5,968,057)	(6,067,600)	(6,057,510)	(5,985,159)	(5,846,817)	(5,638,560)	(5,356,268)	(4,995,601)	(4,520,267)	(3,921,344)	(3,189,280)	(2,313,839)	(1,284,059)	(89,048)	872,597	2,043,859	3,226,833	4,421,637	5,628,389	6,847,208	10,378,216	14,794,534	18,805,015	20,992,601	23,227,172	25,509,118	28,049,183	30,792,224	33,666,654	36,677,328	39,829,301	43,127,825	46,602,162	50,261,101	54,113,937	58,170,524	62,441,305	66,937,358
*Function as percent of previous period Cash Balance After Disbursements
Financing
	Debt
	Equity
Cash Balance
	ST Investments
	Cash
	Geneal
	Increase-year 2	5%
	Increase year 3	5%
	Increase year 4	5%
	Internet connectivity
	Increase-year 2	10%
	Increase year 3	10%
	Increase year 4	10%