Vista Investors
Appendix
| Personnel Plan | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Michael Douglas | 0% | $1,932 | $1,932 | $1,932 | $5,072 | $5,072 | $5,072 | $5,072 | $5,072 | $5,072 | $5,072 | $5,072 | $5,073 |
| Mark Haynes | 0% | $1,932 | $1,932 | $1,932 | $5,072 | $5,072 | $5,072 | $5,072 | $5,072 | $5,072 | $5,072 | $5,072 | $5,073 |
| CFA | 0% | $1,932 | $1,932 | $1,932 | $5,072 | $5,072 | $5,072 | $5,072 | $5,072 | $5,072 | $5,072 | $5,072 | $5,073 |
| Operations Director | 0% | $0 | $0 | $0 | $4,348 | $4,348 | $4,348 | $4,348 | $4,348 | $4,348 | $4,348 | $4,348 | $4,350 |
| Marketing Analyst | 0% | $0 | $0 | $0 | $3,261 | $3,261 | $3,261 | $3,261 | $3,261 | $3,261 | $3,261 | $3,261 | $3,263 |
| Portfolio Manager Assistant/Analyst | 0% | $0 | $0 | $0 | $2,536 | $2,536 | $2,536 | $2,536 | $2,536 | $2,536 | $2,536 | $2,536 | $2,538 |
| Administrative Assistant | 0% | $0 | $0 | $0 | $2,174 | $2,174 | $2,174 | $2,174 | $2,174 | $2,174 | $2,174 | $2,174 | $2,179 |
| Total People | 3 | 3 | 3 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |
| Total Payroll | $5,796 | $5,796 | $5,796 | $27,535 | $27,535 | $27,535 | $27,535 | $27,535 | $27,535 | $27,535 | $27,535 | $27,549 | |
| Sales Forecast | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Sales | |||||||||||||
| Investment management fee | 0% | $0 | $0 | $0 | $0 | $0 | $2,000 | $0 | $0 | $6,000 | $0 | $0 | $10,000 |
| Other | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Sales | $0 | $0 | $0 | $0 | $0 | $2,000 | $0 | $0 | $6,000 | $0 | $0 | $10,000 | |
| Direct Cost of Sales | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Investment management fee | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Direct Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| General Assumptions | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Plan Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |
| Current Interest Rate | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | |
| Long-term Interest Rate | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | |
| Tax Rate | 30.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | |
| Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pro Forma Profit and Loss | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Sales | $0 | $0 | $0 | $0 | $0 | $2,000 | $0 | $0 | $6,000 | $0 | $0 | $10,000 | |
| Direct Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Gross Margin | $0 | $0 | $0 | $0 | $0 | $2,000 | $0 | $0 | $6,000 | $0 | $0 | $10,000 | |
| Gross Margin % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 100.00% | 0.00% | 0.00% | 100.00% | 0.00% | 0.00% | 100.00% | |
| Expenses | |||||||||||||
| Payroll | $5,796 | $5,796 | $5,796 | $27,535 | $27,535 | $27,535 | $27,535 | $27,535 | $27,535 | $27,535 | $27,535 | $27,549 | |
| Sales and Marketing and Other Expenses | $583 | $583 | $583 | $2,750 | $2,750 | $2,750 | $2,750 | $2,750 | $2,750 | $2,750 | $2,750 | $2,750 | |
| Depreciation | $0 | $0 | $0 | $67 | $67 | $67 | $67 | $67 | $67 | $67 | $67 | $67 | |
| Utilities | $0 | $0 | $0 | $175 | $175 | $175 | $175 | $175 | $175 | $175 | $175 | $175 | |
| Insurance | $0 | $0 | $0 | $167 | $167 | $167 | $167 | $167 | $167 | $167 | $167 | $167 | |
| Rent | $0 | $0 | $0 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | |
| Insurance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Payroll Taxes | 15% | $869 | $869 | $869 | $4,130 | $4,130 | $4,130 | $4,130 | $4,130 | $4,130 | $4,130 | $4,130 | $4,132 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Operating Expenses | $7,249 | $7,249 | $7,249 | $36,324 | $36,324 | $36,324 | $36,324 | $36,324 | $36,324 | $36,324 | $36,324 | $36,340 | |
| Profit Before Interest and Taxes | ($7,249) | ($7,249) | ($7,249) | ($36,324) | ($36,324) | ($34,324) | ($36,324) | ($36,324) | ($30,324) | ($36,324) | ($36,324) | ($26,340) | |
| EBITDA | ($7,249) | ($7,249) | ($7,249) | ($36,257) | ($36,257) | ($34,257) | ($36,257) | ($36,257) | ($30,257) | ($36,257) | ($36,257) | ($26,273) | |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxes Incurred | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Net Profit | ($7,249) | ($7,249) | ($7,249) | ($36,324) | ($36,324) | ($34,324) | ($36,324) | ($36,324) | ($30,324) | ($36,324) | ($36,324) | ($26,340) | |
| Net Profit/Sales | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -1716.18% | 0.00% | 0.00% | -505.39% | 0.00% | 0.00% | -263.40% | |
| Pro Forma Cash Flow | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Cash Received | |||||||||||||
| Cash from Operations | |||||||||||||
| Cash Sales | $0 | $0 | $0 | $0 | $0 | $2,000 | $0 | $0 | $6,000 | $0 | $0 | $10,000 | |
| Subtotal Cash from Operations | $0 | $0 | $0 | $0 | $0 | $2,000 | $0 | $0 | $6,000 | $0 | $0 | $10,000 | |
| Additional Cash Received | |||||||||||||
| Sales Tax, VAT, HST/GST Received | 0.00% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| New Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Other Liabilities (interest-free) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales of Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales of Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Investment Received | $0 | $0 | $1,000,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Received | $0 | $0 | $1,000,000 | $0 | $0 | $2,000 | $0 | $0 | $6,000 | $0 | $0 | $10,000 | |
| Expenditures | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Expenditures from Operations | |||||||||||||
| Cash Spending | $5,796 | $5,796 | $5,796 | $27,535 | $27,535 | $27,535 | $27,535 | $27,535 | $27,535 | $27,535 | $27,535 | $27,549 | |
| Bill Payments | $48 | $1,453 | $1,453 | $1,695 | $8,722 | $8,722 | $8,722 | $8,722 | $8,722 | $8,722 | $8,722 | $8,722 | |
| Subtotal Spent on Operations | $5,844 | $7,249 | $7,249 | $29,230 | $36,257 | $36,257 | $36,257 | $36,257 | $36,257 | $36,257 | $36,257 | $36,271 | |
| Additional Cash Spent | |||||||||||||
| Sales Tax, VAT, HST/GST Paid Out | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Principal Repayment of Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Long-term Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Purchase Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Purchase Long-term Assets | $0 | $0 | $0 | $5,000 | $5,000 | $5,000 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Dividends | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Spent | $5,844 | $7,249 | $7,249 | $34,230 | $41,257 | $41,257 | $36,257 | $36,257 | $36,257 | $36,257 | $36,257 | $36,271 | |
| Net Cash Flow | ($5,844) | ($7,249) | $992,751 | ($34,230) | ($41,257) | ($39,257) | ($36,257) | ($36,257) | ($30,257) | ($36,257) | ($36,257) | ($26,271) | |
| Cash Balance | $14,156 | $6,907 | $999,658 | $965,428 | $924,171 | $884,914 | $848,657 | $812,400 | $782,143 | $745,887 | $709,630 | $683,359 | |
| Pro Forma Balance Sheet | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Assets | Starting Balances | ||||||||||||
| Current Assets | |||||||||||||
| Cash | $20,000 | $14,156 | $6,907 | $999,658 | $965,428 | $924,171 | $884,914 | $848,657 | $812,400 | $782,143 | $745,887 | $709,630 | $683,359 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $20,000 | $14,156 | $6,907 | $999,658 | $965,428 | $924,171 | $884,914 | $848,657 | $812,400 | $782,143 | $745,887 | $709,630 | $683,359 |
| Long-term Assets | |||||||||||||
| Long-term Assets | $0 | $0 | $0 | $0 | $5,000 | $10,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 |
| Accumulated Depreciation | $0 | $0 | $0 | $0 | $67 | $133 | $200 | $267 | $333 | $400 | $467 | $533 | $600 |
| Total Long-term Assets | $0 | $0 | $0 | $0 | $4,933 | $9,867 | $14,800 | $14,733 | $14,667 | $14,600 | $14,533 | $14,467 | $14,400 |
| Total Assets | $20,000 | $14,156 | $6,907 | $999,658 | $970,361 | $934,038 | $899,714 | $863,391 | $827,067 | $796,743 | $760,420 | $724,096 | $697,759 |
| Liabilities and Capital | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Current Liabilities | |||||||||||||
| Accounts Payable | $0 | $1,404 | $1,404 | $1,404 | $8,431 | $8,431 | $8,431 | $8,431 | $8,431 | $8,431 | $8,431 | $8,431 | $8,433 |
| Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Subtotal Current Liabilities | $0 | $1,404 | $1,404 | $1,404 | $8,431 | $8,431 | $8,431 | $8,431 | $8,431 | $8,431 | $8,431 | $8,431 | $8,433 |
| Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $0 | $1,404 | $1,404 | $1,404 | $8,431 | $8,431 | $8,431 | $8,431 | $8,431 | $8,431 | $8,431 | $8,431 | $8,433 |
| Paid-in Capital | $25,000 | $25,000 | $25,000 | $1,025,000 | $1,025,000 | $1,025,000 | $1,025,000 | $1,025,000 | $1,025,000 | $1,025,000 | $1,025,000 | $1,025,000 | $1,025,000 |
| Retained Earnings | ($5,000) | ($5,000) | ($5,000) | ($5,000) | ($5,000) | ($5,000) | ($5,000) | ($5,000) | ($5,000) | ($5,000) | ($5,000) | ($5,000) | ($5,000) |
| Earnings | $0 | ($7,249) | ($14,497) | ($21,746) | ($58,070) | ($94,393) | ($128,717) | ($165,041) | ($201,364) | ($231,688) | ($268,011) | ($304,335) | ($330,675) |
| Total Capital | $20,000 | $12,751 | $5,503 | $998,254 | $961,930 | $925,607 | $891,283 | $854,959 | $818,636 | $788,312 | $751,989 | $715,665 | $689,325 |
| Total Liabilities and Capital | $20,000 | $14,156 | $6,907 | $999,658 | $970,361 | $934,038 | $899,714 | $863,391 | $827,067 | $796,743 | $760,420 | $724,096 | $697,759 |
| Net Worth | $20,000 | $12,751 | $5,503 | $998,254 | $961,930 | $925,607 | $891,283 | $854,959 | $818,636 | $788,312 | $751,989 | $715,665 | $689,325 |
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