No.

of visitors
PROJECTED ANNUAL RESORT VISITORS 519,287 8.00% 41,542.96
SURROUNDING AREA POPULATION 250,000 2.50% 6,250.00
47,792.96 47793
ZIPLINER 20640-41280
AVE. OF ZIPLINER 30,960
REVENUES
ALL-DAY PASS $ 50.00
FOUR-HOUR PASS $ 35.00
SNOW TUBING - ADDED REVENUE TO BE LO $ 200,000.00
ZIPLINE- W/ PASS $ 10.00
ZIPLINE - W/OUT PASS $ 20.00

BASE ATTRACTIONS

SURVEYOR $ 3,000.00
LAND PLANNER $ 10,000.00
ENTRANCEWAY $ 30,000.00
RETAIL BUILDING $ 125,000.00
PAVE PARKING LOT $ 83,000.00
POWER AND WATER SET-UP $ 80,000.00
LANDSCAPING $ 30,000.00
PERMITS AND ENGINEERING $ 30,000.00
RIDGETOP MINI-GOLF $ 370,000.00

CLIMBING WALL $ 150,000.00

SKATE PARK $ 25,000.00
CONTINGECY $ 94,000.00
TOTAL $ 1,030,000.00

OPTIONAL
ZIP-FLYER $ 475,000.00
BASE LIGHTING AND STAIRWAY $ 25,000.00
10TH TEE-DECK RE-MODEL $ 7,000.00
DOWNHILL MOUNTAIN BIKING $ 30,000.00
OGO'ING $ 200,000.00
SUMMER TUBING $ 250,000.00

BASE ANNUAL PARK COST

INSURANCE $ 75,000.00
UTILITIES $ 15,000.00
SUPPLIES OFFICE $ 10,000.00
SUPPLIES MAINTENANCE $ 30,000.00
MARKETING $ 100,000.00
$ 230,000.00
ZIP-FLYER
OPERATING INFLOW
ALL-DAY PASS $ 1,792,237.50
FOUR-HOUR PASS $ 418,188.75
ZIP-FLYER (AVE. 30960) W/ PASS $ 278,640.00
W/OUT PASS $ 61,920.00
FOOD AND BEV $ 100,365.30
RETAIL STORE $ 238,965.00
BIKING SALES $ 30,000.00
TOTAL $ 2,890,316.55

OPERATING OUTFLOW
FOOD AND BEV $ 35,127.86
RETAIL STORE $ 119,482.50
INSURANCE $ 82,500.00
UTILITIES $ 15,000.00
SUPPLIES OFFICE $ 10,000.00
SUPPLIES MAINTENANCE $ 30,000.00
MARKETING $ 100,000.00
LABOUR COST - BASE PARK $ 485,195.00
LABOUR COST - ZIP-FLYER $ 433,340.00 $ 1,310,645.36

OTHER EXPENSES / OUTFLOWS

LOSS REVENUE - SNOW TUBING $ 200,000.00
ZIP-FLYER $ 475,000.00
BASE LIGHTING $ 25,000.00
10TH TEE-DECK RE-MODEL $ 7,000.00
DOWNHILL MOUNTAIN BIKING $ 30,000.00
SURVEYOR $ 3,000.00
LAND PLANNER $ 10,000.00
ENTRANCEWAY $ 30,000.00
RETAIL BUILDING $ 125,000.00
PAVE PARKING LOT $ 83,000.00
POWER AND WATER SET-UP $ 80,000.00
LANDSCAPING $ 30,000.00
PERMITS AND ENGINEERING $ 30,000.00
RIDGETOP MINI-GOLF $ 370,000.00
CLIMBING WALL $ 150,000.00
SKATE PARK $ 25,000.00
CONTINGECY $ 94,000.00
OPENING ADVERTISING $ 90,000.00 $ 1,857,000.00

TOTAL EXPENSES $ 3,167,645.36

INCOME / LOSS $ (277,328.81)

DIFFERENCE OF REV AND OP EXP $ 1,579,671.20

OGO'ING
OPERATING INFLOW
ALL-DAY PASS $ 1,792,237.50
FOUR-HOUR PASS $ 418,188.75
FOOD AND BEV $ 110,401.83
RETAIL SALES $ 262,861.50
TOTAL $ 2,583,689.58

OPERATING OUTFLOW
FOOD AND BEV $ 38,640.64
RETAIL SALES $ 131,430.75
INSURANCE $ 75,000.00
UTILITIES $ 15,000.00
SUPPLIES OFFICE $ 10,000.00
SUPPLIES MAINTENANCE $ 30,000.00
MARKETING $ 100,000.00
LABOUR COST -OGO'ING $ 206,023.00
LABOUR COST - BASE PARK $ 485,195.00
TOTAL $ 1,091,289.39

OTHER EXPENSES / OUTFLOWS

LOSS REVENUE - SNOW TUBING $ 200,000.00
SURVEYOR $ 3,000.00
LAND PLANNER $ 10,000.00
ENTRANCEWAY $ 30,000.00
RETAIL BUILDING $ 125,000.00
PAVE PARKING LOT $ 83,000.00
POWER AND WATER SET-UP $ 80,000.00
LANDSCAPING $ 30,000.00
PERMITS AND ENGINEERING $ 30,000.00
RIDGETOP MINI-GOLF $ 370,000.00
CLIMBING WALL $ 150,000.00
SKATE PARK $ 25,000.00
CONTINGECY $ 94,000.00
OPENING ADVERTISING $ 90,000.00
OGO-ING $ 200,000.00
SUMMER TUBING $ 250,000.00
TOTAL $ 1,770,000.00

TOTAL EXP $ 2,861,289.39

INCOME $ (277,599.81)

DIFFERENCE OF REV AND OP EXP $ 1,492,400.19

 COST OF INVESTMENT
ZIP-FLYER OGO'ING
SURVEYOR $ 3,000.00 $ 3,000.00
LAND PLANNER $ 10,000.00 $ 10,000.00
ENTRANCEWAY $ 30,000.00 $ 30,000.00
RETAIL BUILDING $ 125,000.00 $ 125,000.00
PAVE PARKING LOT $ 83,000.00 $ 83,000.00
POWER AND WATER SET-UP $ 80,000.00 $ 80,000.00
LANDSCAPING $ 30,000.00 $ 30,000.00
PERMITS AND ENGINEERING $ 30,000.00 $ 30,000.00
RIDGETOP MINI-GOLF $ 370,000.00 $ 370,000.00
CLIMBING WALL $ 150,000.00 $ 150,000.00
SKATE PARK $ 25,000.00 $ 25,000.00
CONTINGECY $ 94,000.00 $ 94,000.00
ZIP-FLYER $ 475,000.00
BASE LIGHTING AND STAIRWAY $ 25,000.00
10TH TEE-DECK RE-MODEL $ 7,000.00
DOWNHILL MOUNTAIN BIKING $ 30,000.00
OGO'ING $ 200,000.00
SUMMER TUBING $ 250,000.00
TOTAL $ 1,567,000.00 $ 1,480,000.00

BASE ANNUAL PARK COST

INSURANCE $ 75,000.00
UTILITIES $ 15,000.00
SUPPLIES OFFICE $ 10,000.00
SUPPLIES MAINTENANCE $ 30,000.00
MARKETING $ 100,000.00
TOTAL $ 230,000.00
No. of visitors
PROJECTED ANNUAL RESORT VISITORS 519,287 8.00% 41,542.96
SURROUNDING AREA POPULATION 250,000 2.50% 6,250.00
47,792.96 47793
ZIPLINER 20640-41280
AVE. OF ZIPLINER 30,960
REVENUES
ALL-DAY PASS $ 50.00
FOUR-HOUR PASS $ 35.00
SNOW TUBING - ADDED REVENUE TO BE LOST $ 200,000.00
ZIPLINE- W/ PASS $ 10.00
ZIPLINE - W/OUT PASS $ 20.00
 ZIP-FLYER OGO'ING
OPERATING INFLOW OPERATING INFLOW
ALL-DAY PASS $ 1,792,237.50 ALL-DAY PASS
FOUR-HOUR PASS $ 418,188.75 FOUR-HOUR PASS
ZIP-FLYER (AVE. 30960) W/ PASS $ 278,640.00 FOOD AND BEV
W/OUT PASS $ 61,920.00 RETAIL SALES
FOOD AND BEVERAGE $ 100,365.30 TOTAL
RETAIL SALES $ 238,965.00
BIKING SALES $ 30,000.00 OPERATING OUTFLOW
TOTAL $ 2,890,316.55 FOOD AND BEV
RETAIL SALES
INSURANCE
OPERATING OUTFLOW UTILITIES
FOOD AND BEVERAGE $ 35,127.86 SUPPLIES OFFICE
RETAIL SALES $ 119,482.50 SUPPLIES MAINTENANCE
INSURANCE $ 82,500.00 MARKETING
UTILITIES $ 15,000.00 LABOUR COST -OGO'ING
SUPPLIES OFFICE $ 10,000.00 LABOUR COST - BASE PARK
SUPPLIES MAINTENANCE $ 30,000.00 TOTAL
MARKETING $ 100,000.00
LABOUR COST - BASE PARK $ 485,195.00 NET OPERATING FLOW
LABOUR COST - ZIP-FLYER $ 433,340.00
TOTAL $ 1,310,645.36 OTHER EXPENSES / OUTFLOWS
LOSS REVENUE - SNOW TUBING
NET OPERATING FLOW $ 1,579,671.20 SURVEYOR
LAND PLANNER
OTHER EXPENSES / OUTFLOWS ENTRANCEWAY
LOSS REVENUE - SNOW TUBING $ 200,000.00 RETAIL BUILDING
ZIP-FLYER $ 475,000.00 PAVE PARKING LOT
BASE LIGHTING $ 25,000.00 POWER AND WATER SET-UP
10TH TEE-DECK RE-MODEL $ 7,000.00 LANDSCAPING
DOWNHILL MOUNTAIN BIKING $ 30,000.00 PERMITS AND ENGINEERING
SURVEYOR $ 3,000.00 RIDGETOP MINI-GOLF
LAND PLANNER $ 10,000.00 CLIMBING WALL
ENTRANCEWAY $ 30,000.00 SKATE PARK
RETAIL BUILDING $ 125,000.00 CONTINGECY
PAVE PARKING LOT $ 83,000.00 OPENING ADVERTISING
POWER AND WATER SET-UP $ 80,000.00 OGO-ING
LANDSCAPING $ 30,000.00 SUMMER TUBING
PERMITS AND ENGINEERING $ 30,000.00 TOTAL
RIDGETOP MINI-GOLF $ 370,000.00
CLIMBING WALL $ 150,000.00
SKATE PARK $ 25,000.00
CONTINGECY $ 94,000.00
OPENING ADVERTISING $ 90,000.00
TOTAL $ 1,857,000.00
OGO'ING
TING INFLOW 12/31/2010 - PROJECTED INCOME STATEMENT OGO'ING
$ 1,792,237.50 SALES PASSES $ 2,210,426.25
$ 418,188.75 ROOMS & CONFERENCES $ 2,413,735.80
$ 110,401.83 FOOD & BEVERAGE $ 5,171,629.68
$ 262,861.50 SPA & RETAIL SALES $ 1,620,534.96
$ 2,583,689.58 ALPINE, CROSS COUNTRY AND SKI SCHOOL $ 6,918,917.04
GOLF $ 1,459,682.22
ING OUTFLOW MAINTENANCE & OTHER FEES $ 2,089,056.90
$ 38,640.64 TOTAL REVENUE $ 19,673,556.60
$ 131,430.75
$ 75,000.00 COST OF GOOD SOLD $ 2,262,459.01
$ 15,000.00
$ 10,000.00 GROSS PROFIT $ 17,411,097.59
$ 30,000.00
$ 100,000.00 OPERATING EXPENSES
$ 206,023.00 WAGES & BENEFITS $ 8,522,265.00
$ 485,195.00 LEASES & CONTRACTS $ 879,202.00
$ 1,091,289.39 HEAT, HYDRO & INSURANCE $ 1,893,498.00
PROFESSIONAL FEES $ 131,547.00
$ 1,492,400.19 ADVERTISING $ 1,050,399.00
OTHER SUPPLIES & SERVICES $ 2,583,063.00
ENSES / OUTFLOWS TOTAL OPERATING EXPENSES $ 15,059,974.00
$ 200,000.00 REALLOCATION OF EXPENSES $ (2,228,876.15)
$ 3,000.00 TOTAL OPERATING PROFIT (LOSS) $ 4,579,999.74
$ 10,000.00
$ 30,000.00 OTHER INCOME & EXPENSES
$ 125,000.00 REAL ESTATE INCOME $ 16,018.00
$ 83,000.00 INTEREST EXPENSE $ (2,394,708.00)
$ 80,000.00 CORPORATE EXPENSES $ (156,308.00)
$ 30,000.00 DEPRECIATION EXPENSE $ (1,659,277.00)
$ 30,000.00 TOTAL OTHER INCOME & EXPENSES $ (4,194,275.00)
$ 370,000.00
$ 150,000.00 NET INCOME BEFORE TAX $ 385,724.74
$ 25,000.00
$ 94,000.00 INCOME TAX $ 46,286.97
$ 90,000.00
$ 200,000.00 NET INCOME (LOSS) $ 339,437.77
$ 250,000.00
$ 1,770,000.00
 12/31/2010 - PROJECTED INCOME STATEMENT ZIP-FLYER 12/31/2009
SALES PASSES $ 2,580,986.25
ROOMS & CONFERENCES $ 2,413,735.80 $ 2,298,796.00
FOOD & BEVERAGE $ 5,061,227.85 $ 4,724,631.00
SPA & RETAIL SALES $ 1,357,673.46 $ 1,096,773.00
ALPINE, CROSS COUNTRY AND SKI SCHOOL $ 6,918,917.04 $ 6,783,252.00
GOLF $ 1,459,682.22 $ 1,431,061.00
MAINTENANCE & OTHER FEES $ 2,089,056.90 $ 2,048,095.00
TOTAL REVENUE $ 21,881,279.52 $ 18,382,608.00

COST OF GOOD SOLD $ 2,516,347.14 $ 2,106,666.00

GROSS PROFIT $ 19,364,932.38 $ 16,275,942.00

OPERATING EXPENSES
WAGES & BENEFITS $ 8,749,582.00 $ 7,831,047.00
LEASES & CONTRACTS $ 879,202.00 $ 879,202.00
HEAT, HYDRO & INSURANCE $ 1,900,998.00 $ 1,818,498.00
PROFESSIONAL FEES $ 131,547.00 $ 131,547.00
ADVERTISING $ 1,050,399.00 $ 860,399.00
OTHER SUPPLIES & SERVICES $ 2,583,063.00 $ 2,528,063.00
TOTAL OPERATING EXPENSES $ 15,294,791.00 $ 14,048,756.00
REALLOCATION OF EXPENSES $ (2,263,629.07) $ (2,079,850.00)
TOTAL OPERATING PROFIT (LOSS) $ 6,333,770.44 $ 4,307,036.00

OTHER INCOME & EXPENSES

REAL ESTATE INCOME $ 16,018.00 $ 16,018.00
INTEREST EXPENSE $ (2,403,408.00) $ (2,246,708.00)
CORPORATE EXPENSES $ (156,308.00) $ (156,308.00)
DEPRECIATION EXPENSE $ (1,667,977.00) $ (1,511,277.00)
TOTAL OTHER INCOME & EXPENSES $ (4,211,675.00) $ (3,898,275.00)

NET INCOME BEFORE TAX $ 2,122,095.44 $ 408,761.00

INCOME TAX $ 254,651.45 $ 133,179.00

NET INCOME (LOSS) $ 1,867,443.99 $ 541,940.00