Overview

Income Statement Actual and Projected
Cash Flow Actual and Projected
Balance Sheet Actual and Projected
Global Sales
Prospectus

Sheet 1: Income Statement Actual and Projected
4428188 Canada Inc.















doing business as

Income Statement












SageTea Group
For 05/15/08












Phoenix Technical Support
Actuals for March, 2008 are still being processed










Projected Y2


Simply ID
Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08
Total

















Revenue
































Channel Sales (B2B/Retail)

- - - - 10,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
710,000
Phoenix Technical Support – 1 time + plan

- - - - - 8,500 8,500 8,500 8,500 8,500 8,500 8,500
59,500
Phoenix Technical support – 1 year unlimited

- - - - 390 7,800 7,800 7,800 7,800 7,800 7,800 7,800
54,990
Atlantis BPM Services / Online Var

- - - - 390 7,800 7,800 7,800 7,800 7,800 7,800 7,800
54,990
The BPM Store (Products)

- - - - - 10,000 10,000 10,000 10,000 10,000 10,000 10,000
70,000
Training

- - - - - 20,000 20,000 20,000 20,000 20,000 20,000 20,000
140,000
Sub Licensing

- - 1,000 500 500 500 500 500 500 500 500 500
5,500
Atlantis Schedule A if sold to 3rd party

- - - - - - 5,000 5,000 5,000 5,000 5,000 5,000
30,000
Web Hosting Sales

- - - - - - - - - - - -
-
Federal Contracts

20 20 60 40 100 200 300 400 500 600 700 800
3,740
Web Design

- - - - - - - - - 50,000 - 50,000
100,000
Phoenix Enterprise Solutions

- - - - 20 400 400 400 400 400 400 400
2,820














140,000

Total revenue

20 20 1,060 540 11,400 155,200 160,300 160,400 160,500 210,600 160,700 210,800
1,231,540


































Expenses
































Payroll sales salary 5% rev

3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333
40,000
Payroll – tech sales / bus analysis

- - - - 1,500 15,000 15,000 15,000 15,000 15,000 15,000 15,000
106,500
Payroll – technical – 5% rev

1 1 53 27 570 7,760 8,015 8,020 8,025 10,530 8,035 10,540
61,577
Payroll – Management (Pres/CEO) 5% rev

13,334 13,334 13,386 13,360 13,903 21,093 21,348 21,353 21,358 23,863 21,368 23,873
221,577
Payroll – Commission

- - - - 1,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
71,000
Payroll – Temp

- - - - - - - - - - - -
-
Benefits

2,000 2,000 2,016 2,008 2,546 8,078 8,155 8,156 8,158 8,909 8,161 8,912
69,098
Subcontracting (Smalltalk Development) *
- 245 650 500 500 500 500 500 500 500 500 500
5,395
Subcontracting (Web Design) *

150



























-
Amortization

13 12 12 12 11 11 11 10 10 10 10 9
131
General overhead

- - - 100 100 100 100 100 100 100 100 100
900
Legal / Licensing and Copyright *

500
250 250 250 250 250 250 250 250

2,500
Legal / IP Law *

4,000 - - 13,000 250 250 250 250 250 250 250

General Legal *

- 500 500 500 500 500 - - - - -

Accounting & Finance *
- - 250 2,250 250 250 250 250 250 250 - -
4,000
Shareholder Loan Payments


- 250 670 500 500 500 500 250 250 250 250
3,920
News Wire / Press Releases

- 50 50 50 50 50 50 50 50 50 50 50
550
Interest and bank charges

- 20 20 20 20 20 20 20 20 20 20 20
220
Rent

- - - - - - - - - - - -
-
Branding





3,000








Backup















Insurance

- - - - 5,000 - - - - - - -
5,000
Royalty Payments

- - 79 75 38 788 8,288 8,288 8,288 8,288 8,288 8,288
50,704
Book Keeping

20 20 20 20 20 20 20 20 20 20 20 20
240
Telecommunications

120 120 250 250 250 260 270 280 290 300 300 300
2,990
Marketing



- - 5,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000
12,000
Travel

50 50 50 50 50 50 50 50 50 50 50 50
600
Bad debts

0 0 11 5 114 1,552 1,603 1,604 1,605 2,106 1,607 2,108
12,315
Carry Over Expenses

- - - -

- - - - - -
-

















Total expenses

18,872 23,836 20,930 23,481 51,505 71,365 79,512 79,035 78,807 85,079 78,591 84,604
671,218

















Income before income taxes

(18,852) (23,816) (19,870) (22,941) (40,105) 83,835 80,788 81,365 81,693 125,521 82,109 126,196
560,322

















Income tax expense

- - - - - (7,932) 15,350 15,459 15,522 23,849 15,601 23,977
101,825

















Net income

(18,852) (23,816) (19,870) (22,941) (40,105) 91,767 65,438 65,906 66,171 101,672 66,508 102,219
458,497


































Opening retained earnings

(4,750) (23,602) (47,418) (67,288) (90,229) (130,334) (38,567) 26,871 92,777 158,948 260,620 327,128
(4,750)

















Ending retained earnings

(23,602) (47,418) (67,288) (90,229) (130,334) (38,567) 26,871 92,777 158,948 260,620 327,128 429,347
453,747




































































Prepaids

- - - - - - - - - - - -


















Accounts payable
3,750 3,940 8,160 1,469 6,235 28,028 4,038 11,548 11,058 10,818 10,828 10,578 10,328


















Sheet 2: Cash Flow Actual and Projected
4428188 Canada Inc.












doing business as
Projected Statement of Cash Flow










SageTea Group
05/15/08










Phoenix Technical Support











Projected Y2


Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08














Cash inflows


























Cash receipts from sales












Consulting
- - - - - - - - - - - -
Other revenue
20 20 1,060 540 11,400 155,200 160,300 160,400 160,500 210,600 160,700 210,800
Proceeds from debt financing

- - - - - - - - - - -
Proceeds from share issuance