Appendix B

Sale price of tile: $5.00 Office (monthly)

Patent licensing fee: 3% Price/foot2 $15
R+D Investment: $550,000 Square Feet 1000
Milestone Cash Infusion:
$13,000,000 Rent/month $1,250
Monthly Budget $250
Sales Initial Equipment $7,500
Year 1 (Last 4 months) 3,333,333 Utilities (monthly) $517
Year 2 12,000,000 Phones $187
Year 3 14,400,000 Internet $80
Year 4 17,280,000 Gas $125
Year 5 20,736,000 Electricity $125
First 5 Years Sales 67,749,333 Staff (monthly) $12,000
First 5 Years Production 70,988,322 CEO $60,000
Annual Sales Growth 20% Sales* $42,000
Sales* $42,000
R+D (monthly) $56,990 *Sales Commission 0.1%
Price/foot2 $2.35 Initial Phone Costs $954
Square Feet 1000
Rent (monthly) $2,350 Warehouse
Budget (monthly) $15,000 Initial Purchases
Initial Equipment $100,000 Square feet 14,850
Staff (monthly) $39,167 Warehouse Rent (per ft2 $8
Head Engineer $130,000 Forklifts 2
Ceramic Engineer $85,000 Price per Forklift $8,000
Thermal Engineer $85,000 Forklift Investment $16,000
Physicist $85,000 Shelving $295,000
Inorganic Chemist $85,000 Total Investment $311,008
Utilities (monthly) $473 Staff (monthly) $8,167
Phones $93 Forklift Driver $25,000
Internet $80 Forklift Driver $25,000
Gas $125 Manager $48,000
Electricity $125 Insurance $10,000
Water $50 Inventory (% of sales) 16.67%
Inventory Rate 8.75%
COGS (per tile) $3.10
Production $2.53 Taxes (total) 16.30%
Shipping to US $0.20 FICA 7.65%
Tarriffs $0.21 FUTA 0.8%
Commission $0.005 SUTA 5.4%
Royalty fees $0.15 Workman's Comp. 1.0%
Medicare 1.45%
All Employees in Bold Benefits (% of salary) 14%
Salaries (monthly) $77,157 Tax Disbursement Rate: 35%
Office $12,000
R+D $56,990 Liability
Warehouse $8,167 Self Insurace (per tile) $0.05
Taxes (monthly) $12,577 Legal Retainer Fee $7,000
Benefits (monthly) $10,802 Interest Credit: Cash Reserves
Annual Raises 4% Interest Rate 3.50%
 Appendix B
Travel
AIA Conference (May) $3,000
Greenbuild Conference (November)$5,500
USGBC Membership Dues $5,000

QC/QA
Initial Testing/Certification $30,000
Continued monthly testing $5,000
Tiles Tested 0.10%
Initial Testing/Certification Tiles 1000
Year One Cash Flow January February March April May June July August September October November December
Tiles Produced 914,244 914,244 914,244 914,244
Sale Tiles 833,333 833,333 833,333 833,333
Tiles to Inventory 79,996 79,996 79,996 79,996
QA/QC Tiles 914 914 914 914
Tiles in Inventory 0 79,996 159,993 239,989 319,985

Beginning Cash $550,000 $375,059 $307,295 $239,334 $164,175 $85,796 ### $9,667,494 $6,673,502 $3,662,210 $642,135 $1,207,154
Milestone Cash $13,000,000

Cash In
Sales (Net 60) $4,166,667 $4,166,667

Cash Out
COGS (Net 60) $0 $0 $0 $0 $0 $0 $2,833,486 $2,833,486 $2,833,486 $2,833,486 $3,400,183 $3,400,183

Salaries $39,167 $39,167 $39,167 $39,167 $39,167 $77,157 $77,157 $77,157 $77,157 $77,157 $77,157 $77,157
Taxes $6,384 $6,384 $6,384 $6,384 $6,384 $12,577 $12,577 $12,577 $12,577 $12,577 $12,577 $12,577
Benefits $5,483 $5,483 $5,483 $5,483 $5,483 $10,802 $10,802 $10,802 $10,802 $10,802 $10,802 $10,802
Taxes: Deductible Cash Out $56,990 $56,990 $56,990 $56,990 $56,990 $106,997 $2,948,316 $2,948,316 $2,948,316 $2,948,316 $3,515,580 $3,515,580
Taxes: Cash Disbursement $0

Conferences $0 $0 $0 $0 $3,000 $0 $0 $0 $0 $0 $5,500 $0

USGBC Membership Dues $5,000

Office: Utilities $517 $517 $517 $517 $517 $517 $517

Office: Rent $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250
Office: Budget $250 $250 $250 $250 $250 $250 $250
R+D: Utilities $473 $473 $473 $473 $473 $473 $473 $473 $473 $473 $473 $473
R+D: Rent $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350
R+D: Budget $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000
Warehouse: Insurance $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000
QA/QC: Testing $5,000 $5,000 $5,000 $5,000 $5,000 $5,000
QA/QC: Test Tiles $2,833 $2,833 $2,833 $2,833 $3,400 $3,400
Legal: Retainer Fee $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000
Liability: Self Insurance $0 $0 $0 $0 $0 $0 $0 $0 $41,667 $41,667 $41,667 $41,667

Initial Investments:
Office: Equipment $7,500
R+D: Equipment $100,000
Warehouse: Rent $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395
Forklifts $16,000
Shelving $295,000
QA/QC: Certification $30,000
QA/QC: Tiles $3,099
Initial Corporation Filing Fee $130
Phone Equipment & Set Up $954

Total Cash Out: $174,941 $68,857 $68,857 $75,857 $78,857 $466,270 $2,989,090 $3,022,189 $3,030,756 $3,030,756 $3,603,520 $3,598,020

Liability: Insurance Reserves $0 $0 $0 $0 $0 $0 $0 $0 $41,667 $83,333 $125,000 $166,667

Interest Credit $0 $1,094 $896 $698 $479 $250 $36,808 $28,197 $19,464 $10,681 $1,873 $3,521
Ending Cash: $375,059 $307,295 $239,334 $164,175 $85,796 $12,619,776 $9,667,494 $6,673,502 $3,662,210 $642,135 $1,207,154 $1,779,321
Year Two Cash Flow January February March April May June July August September October November December
Tiles Produced 1,097,093 1,097,093 1,097,093 1,097,093 1,097,093 1,097,093 1,097,093 1,097,093 1,097,093 1,097,093 1,097,093 1,097,093
Sale Tiles 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
Tiles to Inventory 95,996 95,996 95,996 95,996 95,996 95,996 95,996 95,996 95,996 95,996 95,996 95,996
QA/QC Tiles 1,097 1,097 1,097 1,097 1,097 1,097 1,097 1,097 1,097 1,097 1,097 1,097
Tiles in Inventory 415,981 511,977 607,972 703,968 799,963 895,959 991,955 1,087,950 1,183,946 1,279,941 1,375,937 1,471,933

Beginning Cash $1,779,321 $2,335,777 $2,898,882 $4,296,962 $5,699,119 $7,102,367 $8,512,707 $9,927,160 $11,345,739 $12,768,456 $14,195,322 $14,942,633

Cash In
Sales (Net 60) $4,166,667 $4,166,667 $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000

Cash Out
COGS (Net 60) $3,400,183 $3,400,183 $3,400,183 $3,400,183 $3,400,183 $3,400,183 $3,400,183 $3,400,183 $3,400,183 $3,400,183 $4,080,220 $4,080,220

Salaries $80,243 $80,243 $80,243 $80,243 $80,243 $80,243 $80,243 $80,243 $80,243 $80,243 $80,243 $80,243
Taxes $13,080 $13,080 $13,080 $13,080 $13,080 $13,080 $13,080 $13,080 $13,080 $13,080 $13,080 $13,080
Benefits $11,234 $11,234 $11,234 $11,234 $11,234 $11,234 $11,234 $11,234 $11,234 $11,234 $11,234 $11,234
Taxes: Deductible Cash Out $3,518,692 $3,518,667 $3,518,667 $3,518,667 $3,518,667 $3,518,667 $3,518,667 $3,518,667 $3,518,667 $3,518,667 $4,199,383 $4,199,383
Taxes: Cash Disbursement $2,064,703

Conferences $0 $0 $0 $0 $3,000 $0 $0 $0 $0 $0 $3,000 $0

USGBC Membership Dues $5,000

Office: Utilities $517 $517 $517 $517 $517 $517 $517 $517 $517 $517 $517 $517
Office: Rent $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250
Office: Budget $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250
R+D: Utilities $473 $473 $473 $473 $473 $473 $473 $473 $473 $473 $473 $473
R+D: Rent $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350
R+D: Budget $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000
Warehouse: Rent $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395
Warehouse: Insurance $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000
QA/QC: Testing $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000
QA/QC: Test Tiles $3,400 $3,400 $3,400 $3,400 $3,400 $3,400 $3,400 $3,400 $3,400 $3,400 $4,080 $4,080
Legal: Retainer Fee $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000
Liability: Self Insurance $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000
Corporation Report Filing Fee $25

Total Cash Out: $3,615,400 $3,610,375 $3,610,375 $3,610,375 $3,613,375 $3,610,375 $3,610,375 $3,610,375 $3,610,375 $3,610,375 $4,294,092 $6,355,795

Liability: Insurance Reserves $216,667 $266,667 $316,667 $366,667 $416,667 $466,667 $516,667 $566,667 $616,667 $666,667 $716,667 $766,667
Interest Credit $5,190 $6,813 $8,455 $12,533 $16,622 $20,715 $24,829 $28,954 $33,092 $37,241 $41,403 $43,583
Ending Cash: $2,335,777 $2,898,882 $4,296,962 $5,699,119 $7,102,367 $8,512,707 $9,927,160 $11,345,739 $12,768,456 $14,195,322 $14,942,633 $13,630,421
Year Three Cash Flow January February March April May June July August September October November December
Tiles Produced 1,316,511 1,316,511 1,316,511 1,316,511 1,316,511 1,316,511 1,316,511 1,316,511 1,207,717 1,201,201 1,201,201 1,201,201
Sale Tiles 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000
Tiles to Inventory 115,195 115,195 115,195 115,195 115,195 115,195 115,195 115,195 6,509 0 0 0
QA/QC Tiles 1,317 1,317 1,317 1,317 1,317 1,317 1,317 1,317 1,208 1,201 1,201 1,201
Tiles in Inventory 1,587,127 1,702,322 1,817,517 1,932,712 2,047,906 2,163,101 2,278,296 2,393,491 2,400,000 2,400,000 2,400,000 2,400,000

Beginning Cash $13,630,421 $14,359,878 $15,096,487 $16,835,244 $18,579,073 $20,324,987 $22,078,995 $24,175,637 $26,298,609 $28,427,773 $30,563,147 $31,527,156

Cash In
Sales (Net 60) $5,000,000 $5,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000

Cash Out
COGS (Net 60) $4,080,220 $4,080,220 $4,080,220 $4,080,220 $4,080,220 $4,080,220 $3,743,038 $3,722,844 $3,722,844 $3,722,844 $4,896,264 $4,896,264

Salaries $83,453 $83,453 $83,453 $83,453 $83,453 $83,453 $83,453 $83,453 $83,453 $83,453 $83,453 $83,453
Taxes $13,603 $13,603 $13,603 $13,603 $13,603 $13,603 $13,603 $13,603 $13,603 $13,603 $13,603 $13,603
Benefits $11,683 $11,683 $11,683 $11,683 $11,683 $11,683 $11,683 $11,683 $11,683 $11,683 $11,683 $11,683
Taxes: Deductible Cash Out $4,202,618 $4,202,593 $4,202,593 $4,202,593 $4,202,593 $4,202,593 $3,865,074 $3,844,859 $3,844,859 $3,844,859 $5,019,453 $5,019,453
Taxes: Cash Disbursement $2,708,420

Conferences $0 $0 $0 $0 $3,000 $0 $0 $0 $0 $0 $3,000 $0

USGBC Membership Dues $5,000

Office: Utilities $517 $517 $517 $517 $517 $517 $517 $517 $517 $517 $517 $517
Office: Rent $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250
Office: Budget $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250
R+D: Utilities $473 $473 $473 $473 $473 $473 $473 $473 $473 $473 $473 $473
R+D: Rent $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350
R+D: Budget $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000
Warehouse: Rent $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395
Warehouse: Insurance $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000
QA/QC: Testing $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000
QA/QC: Test Tiles $4,080 $4,080 $4,080 $4,080 $4,080 $4,080 $3,743 $3,723 $3,723 $3,723 $4,896 $4,896
Legal: Retainer Fee $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000
Liability: Self Insurance $60,000 $60,000 $60,000 $60,000 $60,000 $60,000 $60,000 $60,000 $60,000 $60,000 $60,000 $60,000
Corporation Report Filing Fee $25

Total Cash Out: $4,310,299 $4,305,274 $4,305,274 $4,305,274 $4,308,274 $4,305,274 $3,967,755 $3,947,540 $3,947,540 $3,947,540 $5,125,134 $7,830,555

Liability: Insurance Reserves $826,667 $886,667 $946,667 $1,006,667 $1,066,667 $1,126,667 $1,186,667 $1,246,667 $1,306,667 $1,366,667 $1,426,667 $1,486,667
Interest Credit $39,755 $41,883 $44,031 $49,103 $54,189 $59,281 $64,397 $70,512 $76,704 $82,914 $89,143 $91,954
Ending Cash: $14,359,878 $15,096,487 $16,835,244 $18,579,073 $20,324,987 $22,078,995 $24,175,637 $26,298,609 $28,427,773 $30,563,147 $31,527,156 $29,788,555
Year Four Cash Flow January February March April May June July August September October November December
Tiles Produced 1,579,813 1,579,813 1,579,813 1,506,806 1,441,441 1,441,441 1,441,441 1,441,441 1,441,441 1,441,441 1,441,441 1,441,441
Sale Tiles 1,440,000 1,440,000 1,440,000 1,440,000 1,440,000 1,440,000 1,440,000 1,440,000 1,440,000 1,440,000 1,440,000 1,440,000
Tiles to Inventory 138,234 138,234 138,234 65,299 0 0 0 0 0 0 0 0
QA/QC Tiles 1,580 1,580 1,580 1,507 1,441 1,441 1,441 1,441 1,441 1,441 1,441 1,441
Tiles in Inventory 2,538,234 2,676,467 2,814,701 2,880,000 2,880,000 2,880,000 2,880,000 2,880,000 2,880,000 2,880,000 2,880,000 2,880,000

Beginning Cash $29,788,555 $30,731,930 $31,909,577 $34,493,444 $37,084,847 $39,680,808 $42,287,341 $44,901,476 $47,523,236 $50,152,642 $52,789,718 $54,021,972

Cash In
Sales (Net 60) $6,000,000 $6,000,000 $7,200,000 $7,200,000 $7,200,000 $7,200,000 $7,200,000 $7,200,000 $7,200,000 $7,200,000 $7,200,000 $7,200,000

Cash Out
COGS (Net 60) $4,896,264 $4,669,994 $4,467,412 $4,467,412 $4,467,412 $4,467,412 $4,467,412 $4,467,412 $4,467,412 $4,467,412 $5,875,517 $5,875,517

Salaries $86,791 $86,791 $86,791 $86,791 $86,791 $86,791 $86,791 $86,791 $86,791 $86,791 $86,791 $86,791
Taxes $14,147 $14,147 $14,147 $14,147 $14,147 $14,147 $14,147 $14,147 $14,147 $14,147 $14,147 $14,147
Benefits $12,151 $12,151 $12,151 $12,151 $12,151 $12,151 $12,151 $12,151 $12,151 $12,151 $12,151 $12,151
Taxes: Deductible Cash Out $5,022,816 $4,796,294 $4,593,510 $4,593,510 $4,593,510 $4,593,510 $4,593,510 $4,593,510 $4,593,510 $4,593,510 $6,003,023 $6,003,023
Taxes: Cash Disbursement $3,559,746

Conferences $0 $0 $0 $0 $3,000 $0 $0 $0 $0 $0 $3,000 $0

USGBC Membership Dues $5,000

Office: Utilities $517 $517 $517 $517 $517 $517 $517 $517 $517 $517 $517 $517
Office: Rent $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250
Office: Budget $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250
R+D: Utilities $473 $473 $473 $473 $473 $473 $473 $473 $473 $473 $473 $473
R+D: Rent $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350
R+D: Budget $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000
Warehouse: Rent $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395 $10,395
Warehouse: Insurance $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000
QA/QC: Testing $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000
QA/QC: Test Tiles $4,896 $4,670 $4,467 $4,467 $4,467 $4,467 $4,467 $4,467 $4,467 $4,467 $5,876 $5,876
Legal: Retainer Fee $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000
Liability: Self Insurance $72,000 $72,000 $72,000 $72,000 $72,000 $72,000 $72,000 $72,000 $72,000 $72,000 $72,000 $72,000
Corporation Report Filing Fee $25

Total Cash Out: $5,143,509 $4,911,987 $4,709,203 $4,709,203 $4,712,203 $4,709,203 $4,709,203 $4,709,203 $4,709,203 $4,709,203 $6,121,716 $9,678,462

Liability: Insurance Reserves $1,558,667 $1,630,667 $1,702,667 $1,774,667 $1,846,667 $1,918,667 $1,990,667 $2,062,667 $2,134,667 $2,206,667 $2,278,667 $2,350,667
Interest Credit $86,883 $89,635 $93,070 $100,606 $108,164 $115,736 $123,338 $130,963 $138,609 $146,279 $153,970 $157,564
Ending Cash: $30,731,930 $31,909,577 $34,493,444 $37,084,847 $39,680,808 $42,287,341 $44,901,476 $47,523,236 $50,152,642 $52,789,718 $54,021,972 $51,701,074
Year Five Cash Flow January February March April May June July August September October November December
Tiles Produced 1,895,776 1,895,776 1,895,776 1,519,879 1,729,730 1,729,730 1,729,730 1,729,730 1,729,730 1,729,730 1,729,730 1,729,730
Sale Tiles 1,728,000 1,728,000 1,728,000 1,440,000 1,728,000 1,728,000 1,728,000 1,728,000 1,728,000 1,728,000 1,728,000 1,728,000
Tiles to Inventory 165,880 165,880 165,880 78,359 0 0 0 0 0 0 0 0
QA/QC Tiles 1,896 1,896 1,896 1,520 1,730 1,730 1,730 1,730 1,730 1,730 1,730 1,730
Tiles in Inventory 3,045,880 3,211,761 3,377,641 3,456,000 3,456,000 3,456,000 3,456,000 3,456,000 3,456,000 3,456,000 3,456,000 3,456,000

Beginning Cash $51,701,074 $52,909,205 $55,292,055 $58,470,819 $61,673,253 $64,867,627 $66,634,317 $69,846,159 $73,067,367 $76,297,970 $79,537,995 $81,724,083

Cash In
Sales (Net 60) $7,200,000 $7,200,000 $8,640,000 $8,640,000 $8,640,000 $7,200,000 $8,640,000 $8,640,000 $8,640,000 $8,640,000 $8,640,000 $8,640,000

Cash Out
COGS (Net 60) $5,875,517 $4,710,510 $5,360,895 $5,360,895 $5,360,895 $5,360,895 $5,360,895 $5,360,895 $5,360,895 $5,360,895 $6,426,640 $6,426,640

Salaries $90,262 $90,262 $90,262 $90,262 $90,262 $90,262 $90,262 $90,262 $90,262 $90,262 $90,262 $90,262
Taxes $14,713 $14,713 $14,713 $14,713 $14,713 $14,713 $14,713 $14,713 $14,713 $14,713 $14,713 $14,713
Benefits $12,637 $12,637 $12,637 $12,637 $12,637 $12,637 $12,637 $12,637 $12,637 $12,637 $12,637 $12,637
Taxes: Deductible Cash Out $6,006,520 $4,840,323 $5,491,358 $5,491,358 $5,491,358 $5,491,358 $5,491,358 $5,491,358 $5,491,358 $5,491,358 $6,551,743 $6,551,743
Taxes: Cash Disbursement $4,407,033

Conferences $0 $0 $0 $0 $3,000 $0 $0 $0 $0 $0 $3,000 $0

USGBC Membership Dues $5,000

Office: Utilities $517 $517 $517 $517 $517 $517 $517 $517 $517 $517 $517 $517
Office: Rent $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250
Office: Budget $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250
R+D: Utilities $473 $473 $473 $473 $473 $473 $473 $473 $473 $473 $473 $473
R+D: Rent $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350 $2,350
R+D: Budget $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000
Warehouse: Rent $10,395 $10,396 $10,397 $10,398 $10,399 $10,400 $10,401 $10,402 $10,403 $10,404 $10,405 $10,406
Warehouse: Insurance $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000
QA/QC: Testing $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000
QA/QC: Test Tiles $5,876 $4,711 $5,361 $5,361 $5,361 $5,361 $5,361 $5,361 $5,361 $5,361 $0 $0
Legal: Retainer Fee $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000
Liability: Self Insurance $86,400 $86,400 $86,400 $72,000 $86,400 $86,400 $86,400 $86,400 $86,400 $86,400 $86,400 $86,400
Corporation Report Filing Fee $25

Total Cash Out: $6,142,664 $4,971,468 $5,622,504 $5,608,105 $5,625,506 $5,622,507 $5,622,508 $5,622,509 $5,622,510 $5,622,511 $6,685,897 $11,089,932

Liability: Insurance Reserves $2,437,067 $2,523,467 $2,609,867 $2,681,867 $2,768,267 $2,854,667 $2,941,067 $3,027,467 $3,113,867 $3,200,267 $3,286,667 $3,373,067
Interest Credit $150,795 $154,319 $161,268 $170,540 $179,880 $189,197 $194,350 $203,718 $213,113 $222,536 $231,986 $238,362
Ending Cash: $52,909,205 $55,292,055 $58,470,819 $61,673,253 $64,867,627 $66,634,317 $69,846,159 $73,067,367 $76,297,970 $79,537,995 $81,724,083 $75,105,480

Monthly Tile Sales Year 6: 2,073,600 Total Ending Cash and Assets: $92,385,480
Revenue By Month

January February March April

Year One $0 $0 $0 $0
Year Two $4,166,667 $4,166,667 $5,000,000 $5,000,000
Year Three $5,000,000 $5,000,000 $6,000,000 $6,000,000
Year Four $6,000,000 $6,000,000 $7,200,000 $7,200,000
Year Five $7,200,000 $7,200,000 $8,640,000 $8,640,000

Total Revenue By Month

January February March April

Year One $0 $0 $0 $0
Year Two $12,500,000 $16,666,667 $21,666,667 $26,666,667
Year Three $71,666,667 $76,666,667 $82,666,667 $88,666,667
Year Four $142,666,667 $148,666,667 $155,866,667 $163,066,667
Year Five $227,866,667 $235,066,667 $243,706,667 $252,346,667

Costs By Month

January February March April

Year One $174,941 $68,857 $68,857 $75,857
Year Two $3,615,400 $3,610,375 $3,610,375 $3,610,375
Year Three $4,310,299 $4,305,274 $4,305,274 $4,305,274
Year Four $5,143,509 $4,911,987 $4,709,203 $4,709,203
Year Five $6,142,664 $4,971,468 $5,622,504 $5,608,105

Total Costs By Month

January February March April

Year One $174,941 $243,799 $312,656 $388,514
Year Two $23,823,374 $27,433,749 $31,044,124 $34,654,499
Year Three $71,279,935 $75,585,210 $79,890,484 $84,195,758
Year Four $126,718,879 $131,630,866 $136,340,069 $141,049,272
Year Five $191,250,332 $196,221,800 $201,844,304 $207,452,410

Net Cash Flow By Month

January February March April

Year One -$174,941 -$243,799 -$312,656 -$388,514
Year Two -$11,323,374 -$10,767,082 -$9,377,457 -$7,987,832
Year Three $386,731 $1,081,457 $2,776,183 $4,470,909
Year Four $15,947,788 $17,035,801 $19,526,598 $22,017,395
Year Five $36,616,335 $38,844,867 $41,862,362 $44,894,257

Total Earnings Year Five Various P/E Ratios:

$92,160,000 Cash In Mohawk 7.8
$73,858,625 Cash Out HNI 10.1
$18,301,375 Earnings
Initial Investments
$13,000,000
 Angel + My

Angel Take:

Investments: Amount: Stake:

Angel: $550,000 10%
Venture: $13,000,000 70%

My Take:
 May June July August September
$0 $0 $0 $0 $0
$5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000
$6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000
$7,200,000 $7,200,000 $7,200,000 $7,200,000 $7,200,000
$8,640,000 $7,200,000 $8,640,000 $8,640,000 $8,640,000

May June July August September

$0 $0 $0 $0 $0
$31,666,667 $36,666,667 $41,666,667 $46,666,667 $51,666,667
$94,666,667 $100,666,667 $106,666,667 $112,666,667 $118,666,667
$170,266,667 $177,466,667 $184,666,667 $191,866,667 $199,066,667
$260,986,667 $268,186,667 $276,826,667 $285,466,667 $294,106,667

May June July August September

$78,857 $466,270 $2,989,090 $3,022,189 $3,030,756
$3,613,375 $3,610,375 $3,610,375 $3,610,375 $3,610,375
$4,308,274 $4,305,274 $3,967,755 $3,947,540 $3,947,540
$4,712,203 $4,709,203 $4,709,203 $4,709,203 $4,709,203
$5,625,506 $5,622,507 $5,622,508 $5,622,509 $5,622,510

May June July August September

$467,371 $933,641 $3,922,731 $6,944,920 $9,975,676
$38,267,874 $41,878,249 $45,488,625 $49,099,000 $52,709,375
$88,504,032 $92,809,306 $96,777,061 $100,724,601 $104,672,141
$145,761,475 $150,470,677 $155,179,880 $159,889,083 $164,598,286
$213,077,916 $218,700,424 $224,322,932 $229,945,441 $235,567,952

May June July August September

-$467,371 -$933,641 -$3,922,731 -$6,944,920 -$9,975,676
-$6,601,208 -$5,211,583 -$3,821,958 -$2,432,333 -$1,042,708
$6,162,635 $7,857,361 $9,889,606 $11,942,066 $13,994,526
$24,505,192 $26,995,989 $29,486,786 $31,977,583 $34,468,380
$47,908,751 $49,486,243 $52,503,735 $55,521,225 $58,538,715

Value Using:
$142,750,728.14
$184,843,891.56

Necessary Stake: Ownership Percentage:

$130,000,000 70.33%
$54,843,891.56 29.67%

$5,484,389.16

9.97

$49,359,502.41
 October November December
$0 $4,166,667 $4,166,667
$5,000,000 $5,000,000 $5,000,000
$6,000,000 $6,000,000 $6,000,000
$7,200,000 $7,200,000 $7,200,000
$8,640,000 $8,640,000 $8,640,000

October November December

$0 $4,166,667 $8,333,333
$56,666,667 $61,666,667 $66,666,667
$124,666,667 $130,666,667 $136,666,667
$206,266,667 $213,466,667 $220,666,667
$302,746,667 $311,386,667 $320,026,667

October November December

$3,030,756 $3,603,520 $3,598,020
$3,610,375 $4,294,092 $6,355,795
$3,947,540 $5,125,134 $7,830,555
$4,709,203 $6,121,716 $9,678,462
$5,622,511 $6,685,897 $11,089,932

October November December

$13,006,433 $16,609,953 $20,207,974
$56,319,750 $60,613,842 $66,969,636
$108,619,681 $113,744,815 $121,575,370
$169,307,489 $175,429,205 $185,107,667
$241,190,463 $247,876,360 $258,966,292

October November December

-$13,006,433 -$12,443,287 -$11,874,640
$346,917 $1,052,825 -$302,970
$16,046,985 $16,921,851 $15,091,297
$36,959,177 $38,037,462 $35,558,999
$61,556,204 $63,510,306 $61,060,375

$74,610,375
 (Just regular tile)
Tile Composition Inbox Quote (6mm thick):
Material % By Purity $3.15
Weight Required
Rough correlation(8mm):
$5.02 yard2

Metals Premium:
Total Amont of each material needed per month: $17.71 yard2
In lbs. In tons:
4,828,412.6 2,414.2 Production Cost/Tile:
469,429.0 234.7 $2.53
53,649.0 26.8
13,412.3 6.7

(96% pure alumina)

$3.10 per lb

Cost of necessary purity:

$3.49
Number of containers:
Weight/container:
Departure: Arrival: Total Cost:
25 54,000 FuZhou, ChinaPort of LA $105,513.30
67 54,000 FuZhou, ChinaPort of LA $257,593.56
67* 54,000 FuZhou, ChinaPort of LA $246,510.23
53* 54,000 FuZhou, ChinaPort of LA $193,421
45* 54,000 FuZhou, ChinaPort of LA $170,051.64

*Insured for production costs

Rest - Insured for retail costs
1 m2 1.2 yard2
1 inch2 0 meters2
1 foot2 0.09 meters2
1 gram/cm3 0.04 lbs/in3
1 inch 0.03 meters

MyTile Density:
3.96 grams/cm3
Standard 20' intermodal container: Final price of our tile:
19.875 Length (feet) $5 foot2
8 Width (feet)
8.5 Height (feet) Value of one container:
1351.5 Volume (feet3) $92,592.59

Size of tiles to be produced: Tariffs on imported ceramic tile:

12 Length (inches) 8.50% (of production costs)
12 Width (inches)
0.3125 Thickness (inches) Weight per container:
45 Volume (inches3) 54,000 lbs.

Weight per tile:

6.44 lbs.

Area of tile that will fit in a 20' container with 6mm thickness:
1950 m2

Area of our tile that will fit in a 20' container:

1749 yards2
 833,333.33 Tiles/Month

20' containers weighing ~27 tons needed each month:

45

Shipping cost/tile (without tariffs):

$0.20

Value of container:
$39,758

Value of single shipment at production costs:

###
Pallet Width and Length 4 feet
Aisle Area per Pallet 16 feet2
Initial Inventory Size 1,666,667 tiles
Maximum Weight/Pallet 8,000 lbs.
Tile Weight 6.44 lbs.
Maximum Tiles/Pallet 1,242 tiles
Height of Tiles on Pallet 77 tiles
Tiles per Pallet 1,232 tiles
Pallets for Inventory 1,353 pallets
Height of Pallet Stacks 4 pallets
Total Pallet Stacks 339 pallet stacks
Total Area Necessary 10,848 feet2

Warehouse Size 14,850 feet2

Maximum Tiles in Warehouse2,281,527 tiles

Inventory Requirements
Year 1 1,666,667
Year 2 2,000,000
Year 3 2,400,000
Year 4 2,880,000
Year 5 3,456,000
Power Supply
Amps 40
Volts 240
Kilowatts 9.6

Energy Lost
Unit Time 1 hour

Power 0 /hr
Current Draw (steady)

Resistance ###

Current Draw 0

Length of Tile 0.3 meters

Height of Tile 0.01 meters
Width of Tile 0.3 meters

Cross Sectional Area 0 meters2

Resistivity - Low 10,000,000 ohms

Resistivity - High 50000000000 ohms