(All figures are in Lindens)
Crystal Springs Land and Loan Balance Sheet for the period of: 3/1/08 - 3/31/08
ASSETS (as of 3/31/08) Cash And Cash Equivalents $0 Account Receivables $0 Short Term Investments $0 Vstex Risk Fund $39,322 Loans to Customers $4,929,586 Land holdings (@ 7.5 per sq/m) $3,932,160 Inventory, equipment and other valuables $0 Total Assets $8,901,068
LIABILITIES Accounts Payable $0 Deposits and Long-Term CDs $0 Loans $2,797,013 Total Liabilities $2,797,013
SHAREHOLDERS EQUITY $6,104,055
P&L Statement for the period of: 3/1/08 - 3/31/08
REVENUES Tiers Paid by Customers $307,364 Rent Paid by Customers $331,110 Loan Payments by Customers $1,730,812 Interest and Investment Income $0 Land Sales $484,867 Other Income $2,090 Total Revenues $2,856,243
EXPENSES Tiers to Linden Labs $1,345,075 Interest Payable $14,219 Employee Salaries $0 Sales and Marketing $7,058 Land Purchases $630,618 Services and Fees $260 Capital Expenses $0 Assets Writeoff $0 Other Expenses $24,843 Total Expenses $2,022,073
NET PROFIT (LOSS) +$834,170
Dividends to Shareholders $300,000
Number of Shares Outstanding $10,000,000 NVPS $0.61 EPS $0.08 DPS $0.03
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