Intermediary Fee: 6%
Admin & Legal: 12%
Operations: 80% - 12%
Additional Management: 0% - 25%
Advertising & Development: 0% - 25%
E-Commerce Projects: 0% - 7.5%
Balance Sheet Improvement: 0% - 21%
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments made to suppliers; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments. For example, we currently have outstanding notes payables and interest payable which totals $ 36,000 per month. This will decline to $ 15,783 as of December 2019 While Management believes that this payment level can be met, in the unlikely event it can not be met, it would mean that $ 100,000 of the expected raise in Capital would have to be used to pay off one short term loan.