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In
order to protect Original Works of Authorship, Trade Secrets, Confidential,
Patent and Proprietary Information.
Use
of this Web site constitutes acceptance of the Deed Exchange Non-Disclosure
/ Non-Competition Agreement.
If you do not agree to the terms and conditions of the Non-Disclosure
/ Non-Competition Agreement Do
Not Read past this point.
If
you would like a conditional waver for part of the Non-disclosure
agreement because you are a investment banker, etc. advise.
NOTE: After over 20 years in the business plan development, structuring and procedures Deed Exchange is now completed and ready to be put in to operation. The internet technology is now finally able to support Deed Exchange's full operation. |
Deed Exchange – an automated database driven real estate brokerage exchange. That specializes in the conversion, marketing and selling of Multi Deeded Unencumbered Real Estate property's Bearer Deeds. The system program operates four linked businesses designed to support all real estate services; completely automatically. To be sure you understood, this is not just a business plan, structures, procedures, etc. etc, and/or ideas, which it is, but it is also a complete business operating system program, with all the procedures, structures, documents, keys, trade secrets, check & balances, etc. etc. etc. adjusted for all States & Countries built-in to Deed Exchange's Operating System Program, so the businesses are able to operate worldwide...
... Totally Automated ...
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Deed Exchange©™ provides the simplest and most profitable way to own, buy or sell real estate, no matter what the value of the real estate property or its location in the world.
Deed Exchange is an open market Real Estate Brokerage structured much like NASDAQ & NYSE, where the
NASDAQ & NYSE are securities exchange brokerage's for the buying and selling of Corporation Stocks, etc.
Deed Exchange is a real estate exchange brokerage for the buying and selling of Real Estate Bearer Deed's, etc.
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Note: A very well known person today (8.21.08) said, that a person could never get rich by investing or owning real estate.
That statement is correct, If a mortgage or loan is used to purchase.
That statement is not correct, if Deed Exchange multi deed real estate is purchased.
Why, If a person buys one deeded interest (Bearer Deed) for $411. That 1/1000 ownership will pay the owner about $28 plus every year basically forever, safely, with almost no risk. Where can you get a better investment or even as safe investment? |
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What is a Bearer Deed©™
A New Grant Deed or Warranty Deed is like a Bearer Deed©™ in that they both transfer ownership interest (in that real property) of the amount stated on the deed, to the named on the deed.
A Bearer Deed transfer 1/1000th ownership interest (in that real property) to the Bearer (no name), who holds the deed owns it, with restrictions.
A Bearer Deed©™ is also like a Bearer Bond in that the Bearer Deed itself has cash value (CurrentValue) and the ownership can be transferred by giving that Bearer Deed to another or by losing it, like a bearer bond. Whoever holds (has) the Bearer Deed is the owner.
Note: Deed Exchange holds and keeps track of all owners Bearer Deed’s, just like Securities Brokers holds and keeps track of all stockholders Stock’s. A Bearer Deed holder like a stockholder, actually do not have the Stock or Bearer Deed in hand, unless a owner requests the Hard Copy(s) (see Bearer Deed hard copy©™).
A Mortgaged real estate properties can only have one deed (lender required). One deed allows a lender to acquire full control of the real property after foreclosure..
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Bearer Deed hard copy©™:
$3.50 per deed plus Ship & Handling (only available after cancellation of listing agreement).
If any Bearer Deeded is bought, sold, lost or exchanged (transferred by any form), outside of Deed Exchange, while not listed by MDLS™, and the current owner (bearer) wishes to re-list any Bearer Deed that its listing had be cancelled, must as part of the exclusive listing agreement bring each Bearer Deed current by paying a recording fee of $0.25 per deed and Title Assurance fee of $1.00 per deed.
However, the re-listed Bearer Deed’s cannot be sold or transferred for 90 days, which is the time that a ownership claim is required to be filed. If there is no claims filed within 90 days, Deed Exchange will again guarantee each Bearer Deed title, and show each Bearer Deed without a cloud of title.
Bearer Deed soft copy©™:
Free (owners may print out their deed(s) any time or download)
Note: Bearer Deed Cash Value is based on that real estate properties posted BaseValue©™ to CurrentValue©™. |
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OfferingValue©™ When a property Bearer Deed’s are first listed for sale with MDLS at the time of conversion. Offering Value equaling the property’s appraised value, reserve fund amount, escrow and conversion cost, divided by the number of owners
BaseValue©™ Is the posted value, equaling the property’s current year appraised value, reserve fund amount, divided by the number of owners.
CurrentValue©™ Equals the property current year appraised value, reserve fund amount, lease income received and paid expenses, divided by the number of owners. The Current Value is the real property approximate value and its current cash assets, which may change at any time. |
Note: The words "Bearer Deed" & "BearerDeed" are copyrighted and are Trade Marks, all rights reserved.
All rights are currently owned by WorldVest Corporation.
Uses of the words Bearer Deed©™ or BearerDeed©™ are restricted and shall not be used without written permission. |
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Each "Multi Deeded Unencumbered Real Estate©™" property has been converted from a single deed mortgaged real estate property. At the close of the conversion escrow all encumbrances (loans / liens) are paid off and the property is maintained free and clear by deed restrictions until the real estate is converted back to a single deed. Escrow also issues 1,000 numbered Bearer Deeds©™ for that real property, which are listed on the MDLS for sale at the OfferingValue©™.
One Bearer Deed©™ equals 1/1000th ownership (10 Bearer Deed = 1% ownership / equity).
For a $400,000 market value home, one deeded ownership (1/1000) would cost about $411 and will produce about $28 gross income in the first year. That is about 7% income on the $411 purchase price, and the owner has clear deeded title to the real estate, which the owner may sell at any time, and, that does not include yearly appreciation of the property. Most properties will produce a higher first year percentage, but none less than 7% the first year.
Note: You may be thinking that Deed Exchange will need a lot of funds for conversions, however there are no funds required or needed for any real estate property conversion, to "multi deeded interest real estate"©™ - Bearer Deed's, because of structuring and procedures. DRL the creator, also created and founded "Buying Real Estate with No Money" March 1980 - DelCasa Corporation, which should explain why and how Deed Exchange is able to do billions of real estate conversion with no funds needed.. |
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Deed Exchange©™ services provides owners with complete property management, worldwide self service auction/offer listing exchange, escrow, accounting, 1031 holding accounts, all real estate services, and one location to sell, invest, buy, or occupancy multi deeded unencumbered real estate, no matter where the sellers, buyers or owners are located in the world.
- Deed Exchange©™ takes care of everything for the owners, no funds will ever be needed from any owners (never) and the owners have no decisions to make, the EPM©™ Exchange Property Management©™ division handles everything including end-of-year accounting, tax forms and total complete disclosure of everything regarding each property.
Note: Owners of Bearer Deed real estate have no responsibilities or liabilities to any real estate property they own.
- The MDLS©™ Multi Deeded Listing Service division provides a fast pace trading exchange for owners to sell there real estate deeded ownership to buyers and investors worldwide. The MDLS commission is only 1/2 of a percent (0.5%), Escrows fee starting at $0.15, recording fee $0.10, Title assurance $0.10. A complete list of fees are within.
- Buyers of Bearer Deed’s (deeded interest real estate) can finance there purchases, but the loan does not go on the real estate, the owners Bearer Deed are the collateral for the loan, which the lender repossesses and sells if the borrower defaults on the loan.
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It makes better since to have multi-deeded owners on a real estate property, that way a buyer can purchase whatever quantity ownership of a real estate property they like and then continue to purchase additional ownership over time, on cash bases or financed if they like. Reducing the cost of real estate is a key to real estate ownership, by having 1,000 Bearer Deeds the cost of real estate has been reduced by a factor of 1,000. |
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- Sharing ownership with others is the best and most profitable way everyone can own and live in the home of there dreams.
- One owner gets to live in the home based on the greatest ownership, plus all owners are making 7% or greater income based on the purchase price (OfferingValue), including the owner living in the home.
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Buying real estate by Bearer Deed allow owners to acquire 501 Bearer Deeds (deeded interest) ownership (life estate) in about 7 to 8 years and full ownership in about 15 to 17 years. If the owners use their yearly revenue from the property and a little extra cash to purchase more Bearer Deeds in the same home each year. |
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- Deed Exchange©™ provides buyers the tools and opportunity to make quick purchases and informed investments.
- Deed Exchange's market and investment advantages attract distinct real estate buyers and investors from all investment markets worldwide. Buyers and Investors will enjoy the increased affordability, liquidity and accessibility of multi deeded unencumbered real estate high yielding ownership opportunities that Deed Exchange©™ provides through its high tech, user friendly, secure, worldwide internet real estate exchange brokerage, with a fast pace Internet securities exchange type atmosphere.
- Multi deeded real estate allow new opportunities for investors, real estate purchasers, sellers and tenants that did not exist due to the inherent financial and market restrictions of traditional real estate purchases, by loan.
- Home and commercial buyers are able to purchase at Any Appraised Value, which cannot be accomplished by qualifying for a mortgage purchase.
- Home and commercial property buyers can start purchasing the real estate of their dreams and occupying it much sooner without any concerns of the appraised value.
- Bearer Deed investors get a safer, higher returns than most of the current investment opportunities, with buys / sells completed within seconds
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Occupying a home, or an type real estate property, that you have ownership of is easy
Owners only need 25 deeded interests (2.5% ownership) for a house and 15 deeded interests (1.5% ownership) for a apartment home, to have the right to live in that home.
When 501 deeded interests (50.1% ownership) is reached the owner:
1) Will have a life estate, as long as the owner remains living in the home.
2) Will have an option to reduce the lease amount by about 40% to 45%.
Note: Lets say that the owner decided to retire and to travel (not live in the home).
That owner will have a yearly cash income of (based on the $400k above) $28 per Bearer Deed. ( $28 x 501 = $14,028 year income )
Plus the owner has the value of each Bearer Deed's (equity)
501 x
(CurrentValue) $411 = $220,941 |
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Leasing Single Family Residents Houses
(4 units or less - Condominium - Townhouse)
Leasing Multi-Family Residents
(Apartment Units)
Leasing Commercial Business Property
(offices-Retail-Floors-Warehouses-etc.)
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Investments in Bearer Deed Real Estate Loans
Are much safer and more profitable for investors, simply because the loans are not real estate they are personal loans, allowing the lenders to place non-real estate loans on real estate collateral ownership. Lien fee is $0.50 and Repossessions fee is $0.50 and recording fee $0.10 per deeded interest.
To place a loan, a lender cost would be; Lien fee $0.50 per Bearer Deed. To repossess $0.50 and recording fee $0.10 transferring ownership to the lender. Lenders cost to re-sell: 0.5% commission of selling price, recording $0.10, title $0.10, escrow $.15.
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New Home Construction Builders
Deed Exchange will contract with every New Home Construction Builder to Market & Sell by Unencumbered Real Estate Bearer Deed's, all New Homes and all new construction, including Apartments and some Commercial properties.
The new home builders will have no need for real estate sale agent(s) on site or be concerned with financing. Each home will close escrow within 7 days from the date City or County Completion Notice is filed.
All Builders will be required to provide a 2 year complete guarantee on everything that was included in the sale. Other words the Builders shall replace anything that fails or needs to be repair, back to new condition with an additional one year guarantee. All new homes will be sold turn-key with complete landscaping (hard & soft escaping), including tree(s) and financing.
By having Deed Exchange list and sell New Home Builders properties, the builders provide the public with a much better real property (home) that increase their gross and save them a lot of money, time and problems, plus no construction delays.
Other words all New Homes are pre-sold and ready to close escrow within 7 days of the home's completion date.
Deed Exchange will be able to help New Construction Builders locate and acquire land for development, we are a worldwide real estate brokerage plus Deed Exchange will have millions of buyers that would love to invest in land development by owning Bearer Deed's with a buy-back agreement by the builders. |
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Deed Exchange is a Startup Business
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Deed Exchange Totally Automated Internet Database Driven
Business Operating System Program
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Hi,
Mr. Jonesoreny of Houston Texas |
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MDC©™ - Multi Deeded Conversions©™
is an automated internet operation, which locates, evaluates, makes offers and opens escrow on qualifying real estate properties, converting single deed mortgaged real estate - to - multi-deeded unencumbered real estate.
Once a real estate property has been converted to multi-deeded ownership, it remains within the Deed Exchange system by contract/deed until converted to single deed ownership, which requires 100% ownership by one person or one legal entity.
The MDC is designed as an aggressive real estate converter that can convert (projected) 76% of real estate on the U.S. market for sale at any given time, from $1 thousand dollar homes to $500 million dollar high rise office buildings, etc.
Conversion Fee: (3% or $5,000 whichever is greater (variable depending on conversion load))
Current USA properties in foreclosure 1,500,000 plus, and there are a lot more than a just few million homeowners that wish they had another option. An option just like Deed Exchange, where they can remain living in their homes (as an owner), and not have a huge real estate loan that cost a borrower at least 50% of the loan amount in interest, which will most likely never be paid off.
Many owners would be very happy to have just 50.1% ownership of there home or of any real estate property.
See the Real Estate Pro-Forma (.xls file) Just enter the real estate property's numbers, which will give all properties percentages, etc. Note: You must use real numbers when using the pro forma. You cannot make up numbers or do some type of averaging. You must use the real estate sellable value, and the lease value, taxes, maintenance, and association fees. If you are not sure ask a real estate agent for property value and a property management firm for the lease amount. However, it is fun to play with, but please do not try to do your home or real estate property unless you use real numbers.
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See How Your Property will Convert |
| Property Appraisal must be at least. |
$ 463,500.00 |
Sellers Net Equity |
$22,595.00 |
| Conversion Fee |
$ 5,000.00 |
Equity in Bearer Deeds |
48 |
| Commission @ 3% |
$ 13,905.00 |
Property is approved for conversion. Please contact Deed Exchange to open escrow.
Thank you |
| Property Market Value |
$ 450,000.00 |
| Total amount owed on property loans |
$ 422,000.00 |
| Property monthly lease amount |
$2,975.00 |
| Projected gross year income |
$ 35,700.00 |
OfferingValue |
BaseValue |
Months into year |
12 |
$ 464.98 |
$ 473.48 |
| Total number of Deeds |
1,000 |
Gross Income |
Gross Income |
| " OfferingValue " |
$464.98 |
$ 35.70 |
$ 35.70 |
| " BaseValue " |
$ 473.48 |
7.678% |
7.540% |
| " CurrentValue " |
$ 509.18 |
Cash Payment |
Cash Payment |
| Projected gross income per Bearer Deed |
$ 35.70 |
$ 25.72 |
$ 25.72 |
| End-of-year Cash payment per Bearer Deed |
$ 25.72 |
5.53% |
5.433% |
| End-of-year Tax deductions per Bearer Deed |
$ 9.98 |
Tax Deductions |
Tax Deductions |
| Percentage of Income ( OfferingValue ) |
7.678% |
$ 9.98 |
$ 9.98 |
| Percentage of Income ( BaseValue ) |
7.540% |
2.146% |
2.107% |
| Current Property Expenses |
Paid-to-Date |
Yearly |
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| Property Taxes |
$ 4,500.00 |
$ 4,500.00 |
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| Property Insurance ( total ) |
$ 250.00 |
$ 250.00 |
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| Property maintenance |
$ 2,500.00 |
$ 2,500.00 |
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| Property management fee 4% of gross |
$ 1,428.00 |
$ 1,428.00 |
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| Other cost |
$ 0.00 |
$ 0.00 |
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| Accounting fee yearly |
$ 750.00 |
$ 750.00 |
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| Other yearly fees |
$ 0.00 |
$ 0.00 |
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| Homeowners Association dues ( monthly) |
$ 200.00 |
$ 200.00 |
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| Appraisal fee ( yearly ) |
$ 200.00 |
$ 200.00 |
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| Original Property Purchase / Conversion Cost |
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| Escrow cost |
$ 520.25 |
Equity Cash
Value |
Equity in Bearer Deeds |
| Total Insurance ( paid by seller ) |
$ 2,969.94 |
$ 22,595.00 |
48 |
| Two year home warranty ( paid by seller ) |
$ 450.00 |
Ownership % |
Year Cash Income |
| Deed recording ( title co. ) |
$ 100.00 |
4.8% |
$ 1,234.56 |
| Other cost |
$ 0.00 |
Months Notices |
Year Expenses |
| One year reserve fund cash in back |
$ 9,978.00 |
8 |
$ 479.04 |
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MDLS©™ -Multi Deeded Listing Service©™
is a total internet automated self-service listing and selling service which list for sale and sells multi-deeded unencumbered real estate Bearer Deeds. Totally free real estate market where the prices of multi-deeded real estate are set by supply and demand.
Deed Exchange's MDLS is the exclusive listing broker for all multi-deeded unencumbered real estate properties by an open-ended exclusive listing contract. Only real estate converted by MDC is allowed to be listed on the MDLS.
International web sites markets multi-deeded unencumbered real estate listing to buyers worldwide.
All buying and selling of multi deeded real estate properties and there required services (escrow, recordings, etc.) are handled exclusively by Deed Exchange services. List of fees.
- MDLS was pacifically designed to protect every owner, buyer and seller from illegal and improper actives. see Consumers Protection
- MDLS has a commercial access, which allows 1-hour priority access to new conversion properties at the OfferingValue. Investors that purchase at OfferingValue can resell at the BaseValue in a rather short time making a fast profit. Therefore, the demand for newly converted properties should be very high especially with investment groups.
- MDLS volume of transactions buying and selling of Bearer Deeds real estate.
There is going to be
- Properties that have a high cash net income (income investors);
- Properties that have high cost (tax deduction investors);
- Properties that are in high demand and properties that have very little demand.
- There is going to be properties that are going up in value, and those that will be going down in value.
- There will be owners that buy and sell to get additional equity (Bearer Deed) or bigger, small homes.
- Owners that occupy storefront, commercial units, industrial unit’s properties that want to get bigger or smaller, and so on.
- Multi-deeded interest real estate market will act and be about the same as mortgage real estate market in the changing of value and conditions. The only real difference is there are no loans or mortgages, no interest to pay, no qualifying or requirements, easy to sell and buy, low cost, and very profitable, there are more..
- The MDLS will have a very high daily volume, not including newly converted property sales, which should be equal to or greater than NYSE volume within a few years.
- The MDLS©™ Multi Deeded Listing Service division provides a fast pace trading exchange for owners to list & sell there real estate deeded interest to buyers and investors worldwide, the commission is only 1/2 of a percent (0.5%), Escrows fee starting at $0.15, Recording fee $0.10, Title assurance $0.10.
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| State Offices |
1 |
5 |
10 |
15 |
20 |
25 |
30 |
35 |
40 |
45 |
50 |
54 |
Deed Exchange, Inc.
The World Real Estate Exchange
©™ |
First Year |
Second Year |
Third Year |
| 1st Quarter |
2nd Quarter |
3rd Quarter |
4th Quarter |
1st Quarter |
2nd Quarter |
3rd Quarter |
4th Quarter |
1st Quarter |
2nd Quarter |
3rd Quarter |
4th Quarter |
| 1 Office |
5 Offices |
10 Offices |
15 Offices |
20 Offices |
25 Offices |
30 Offices |
35 Offices |
40 Offices |
45 Offices |
50 Offices |
54 Offices |
| Properties Converted |
150 |
3,375 |
18,000 |
56,250 |
99,500 |
205,625 |
440,250 |
956,375 |
1,142,000 |
1,431,000 |
1,912,500 |
2,748,600 |
| Properties Closed Escrow |
37 |
920 |
5,660 |
18,720 |
35,960 |
91,200 |
245,190 |
519,680 |
615,920 |
776,160 |
1,088,650 |
1,536,192 |
| Operating Revenue |
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| Gross Sales Comm. - Conversion - $150,000 |
1,125,000 |
25,312,500 |
135,000,000 |
421,875,000 |
746,250,000 |
1,542,187,500 |
3,301,875,000 |
7,172,812,500 |
8,565,000,000 |
10,732,500,000 |
14,343,750,000 |
20,614,500,000 |
| Gross Markup 2% - Price to Appraisal Amount |
450,000 |
10,125,000 |
54,000,000 |
168,750,000 |
298,500,000 |
616,875,000 |
1,320,750,000 |
2,869,125,000 |
3,426,000,000 |
4,293,000,000 |
5,737,500,000 |
8,245,800,000 |
| Gross Property Management 4% - $1,250 rent |
7,500 |
33,750 |
90,000 |
187,500 |
248,750 |
411,250 |
733,750 |
1,366,250 |
1,427,500 |
1,590,000 |
1,912,500 |
2,545,000 |
| Gross Accounting Fees - $750 yearly |
0 |
0 |
0 |
112,500 |
2,531,250 |
13,500,000 |
42,187,500 |
74,625,000 |
154,218,750 |
330,187,500 |
717,393,750 |
859,031,250 |
| Gross Deed Recording Fees - $0.10 |
30 |
1,013 |
7,200 |
33,750 |
69,650 |
164,500 |
396,225 |
956,375 |
1,256,200 |
1,717,200 |
2,486,250 |
3,848,040 |
| Gross Escrow Fees - $.30 |
90 |
3,038 |
21,600 |
101,250 |
208,950 |
493,500 |
1,188,675 |
2,869,125 |
3,768,600 |
5,151,600 |
6,885,000 |
10,719,540 |
| Gross Commission - 1/2% Buyer / Seller |
112,500 |
2,531,250 |
13,500,000 |
42,187,500 |
74,625,000 |
154,218,750 |
330,187,500 |
717,281,250 |
856,500,000 |
1,073,250,000 |
1,434,375,000 |
2,061,450,000 |
| Gross Lien Recording Fees - $.50 |
0 |
16,875 |
90,000 |
281,250 |
497,500 |
1,028,125 |
2,201,250 |
4,781,875 |
5,710,000 |
7,155,000 |
9,562,500 |
13,743,000 |
| Gross Lien Release Recording Fees - $.50 |
0 |
0 |
0 |
0 |
0 |
0 |
16,875 |
90,000 |
281,250 |
497,500 |
1,028,125 |
2,201,250 |
| Gross Hard Copy Deeds - $3.50 each |
10,500 |
236,250 |
1,260,000 |
3,937,500 |
6,965,000 |
14,393,750 |
30,817,500 |
66,946,250 |
79,940,000 |
100,170,000 |
133,875,000 |
192,402,000 |
| Gross Real Estate Agents Access Fees - $500 |
12,500 |
62,500 |
125,000 |
187,500 |
250,000 |
312,500 |
375,000 |
437,500 |
500,000 |
562,500 |
625,000 |
675,000 |
| Gross Sales Commissions - Sales by Mortgage |
186,000 |
4,447,500 |
25,980,000 |
84,285,000 |
157,630,000 |
376,412,500 |
955,695,000 |
2,037,227,500 |
2,418,760,000 |
3,043,980,000 |
4,222,200,000 |
5,982,876,000 |
| Quarterly Operating Revenue |
1,904,120 |
42,769,675 |
230,073,800 |
721,938,750 |
1,287,776,100 |
2,719,997,375 |
5,986,424,275 |
12,948,518,625 |
15,513,362,300 |
19,589,761,300 |
26,611,593,125 |
37,989,791,080 |
| Total Yearly Operating Revenue |
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996,686,345 |
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22,942,716,375 |
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99,704,507,805 |
| Operating Expenses |
We cannot provide expenses actuarially because of our lack of expertise in that area, and all the revenue is not shown. Please change any way you like. |
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| Spokesman and Endorsements Expenses |
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| Selling Salaries Expenses - Mortgage Properties |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
| Selling Salaries Expenses - Deeded Properties |
150,000 |
750,000 |
1,500,000 |
2,250,000 |
3,000,000 |
3,750,000 |
4,500,000 |
5,250,000 |
6,000,000 |
6,750,000 |
7,500,000 |
8,100,000 |
| Local Advertising Listing Properties |
37,500 |
843,750 |
4,500,000 |
14,062,500 |
24,875,000 |
51,406,250 |
110,062,500 |
239,093,750 |
285,500,000 |
357,750,000 |
478,125,000 |
687,150,000 |
| Marketing to the World |
500,000 |
2,500,000 |
5,000,000 |
7,500,000 |
10,000,000 |
12,500,000 |
15,000,000 |
17,500,000 |
20,000,000 |
22,500,000 |
25,000,000 |
27,000,000 |
| Administrative Expenses |
- |
- |
- |
1,850,000 |
- |
- |
- |
1,850,000 |
- |
- |
- |
1,850,000 |
| Office setup Expenses - Computers Etc. |
70,000 |
350,000 |
700,000 |
1,050,000 |
1,400,000 |
1,750,000 |
2,100,000 |
2,450,000 |
2,800,000 |
3,150,000 |
3,500,000 |
3,780,000 |
| Office Lease Expense |
60,000 |
300,000 |
600,000 |
900,000 |
1,200,000 |
1,500,000 |
1,800,000 |
2,100,000 |
2,400,000 |
2,700,000 |
3,000,000 |
3,240,000 |
| Office Staffing and Management Salaries |
640,000 |
3,200,000 |
6,400,000 |
9,600,000 |
12,800,000 |
16,000,000 |
19,200,000 |
22,400,000 |
25,600,000 |
28,800,000 |
32,000,000 |
34,560,000 |
| Office Maintenance and Expenses |
1,500 |
7,500 |
15,000 |
22,500 |
30,000 |
37,500 |
45,000 |
52,500 |
60,000 |
67,500 |
75,000 |
81,000 |
| Utilities |
47,525 |
237,625 |
475,250 |
712,875 |
950,500 |
1,188,125 |
1,425,750 |
1,663,375 |
1,901,000 |
2,138,625 |
2,376,250 |
2,566,350 |
| Web Site Expanses |
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