EX1A-15 ADD EXHB 5 ex1a15_1.htm EXHIBIT 1A-15.1 ex1a15_1.htm
EXHIBIT 1A-15.1
  
Operating Results of Prior Programs
 
Operating Results 2014
                  
 
     2013 C     2013 D     2014 A
  Basis of Assets Sold
                        
    Expenses on Assets Sold
     237,300.35       7,781.49       21,555.97  
    Acquisition Costs of Assets Sold
     2,156,135.52       132,743.68       90,509.14  
  Basis of Assets Sold
     2,393,435.87       140,525.17       112,065.11  
  Income
                        
    Income - Payments
     259,212.18       16,589.27       6,037.56  
    Income - AHP Lease/ Rent Income
     65,432.96       0.00       2,775.08  
  Income
     324,645.14       16,589.27       8,812.64  
  Expenses
                        
    AHP Fund Management Fees
     68,197.19       11,678.53       5,431.67  
    Professional Fees- Legal/Trustee/Consulting
     33,700.00       12,010.09       14,000.00  
    Bank Fees
     1,287.89       907.14       347.25  
    Other Expense
     (1,056.43 )     1,717.48       2,169.38  
  Expenses
     102,128.65       26,313.24       21,948.30  
  Proceeds From Sales of Assets
                        
    Income - AHP Sales Proceeds
     3,009,275.21       246,238.23       202,526.08  
  Proceeds From Sales of Assets
     3,009,275.21       246,238.23       202,526.08  
 
                        
Net Income
     838,355.83       95,989.10       77,325.31  

 
 
 
 
Operating Results 2015
                        
 
                        
 
     2013 C     2013 D     2014 A     2014 B
Basis of Assets Sold
                                
   Expenses on Assets Sold
     246,447.76       102,591.30       181,295.71       123,417.80  
   Acquisition Costs of Assets Sold
     1,371,500.77       275,632.49       1,108,446.04       3,408,234.32  
Basis of Assets Sold
     1,617,948.53       378,223.79       1,289,741.75       3,531,652.12  
Income
                                
  Income - Payments
     104,858.88       31,761.77       165,839.98       208,691.94  
  Income - AHP Lease Income
     84,552.21       28,915.00       71,731.73       65,271.25  
  Income - AHP Fund
      Mngt/Referral Fees
     10,867.51       3,461.20       23,228.09       400.00  
  Income - Tax Sales Surplus
     0.00       0.00       0.00       90,602.24  
  Income -Other
     351.52       0.00       975.00       2,050.00  
Income
     200,630.12       64,137.97       261,774.80       367,015.43  
Expenses
                                
  Loan Servicing
     66,867.45       12,333.29       223,166.95       327,617.89  
  Prop Exp (Due Diligence, Legal
     Maintenence, Misc)
     116,496.56       (4,357.54 )     43,805.47       158,684.92  
  AHP Fund Management Fees
     47,114.52       15,779.46       42,454.07       7,932.50  
  Professional Fees-     
Legal/Consulting
     5,000.00       5,459.23       3,500.00       9,764.42  
  Professional Fees- Trustee
     13,500.00       12,000.00       12,000.00       23,014.50  
  Professional Fees-Wealthforge
Broker Fees
     -       -       -       12,771.50  
  Commissions on Acquisitions
     (110.89 )     486.52       (4,618.25 )     41,781.83  
  Bad Debt Expense
     23,559.97       -       4,502.57       900.00  
  DIL Incentives
     (575.00 )     (3,000.00 )     7,329.60       20,410.00  
  Office Expense- Postage &
Delivery
     1,004.75       61.27       188.16       11,287.80  
  Bank Fees
     715.44       436.75       912.94       1,759.25  
  Prof Fees- Agent Incentives
     2,978.36       (960.00 )     1,150.00       650.00  
  Marketing- REO Marketing
     101.48       98.24       371.46       1,019.64  
  Other Expense
     (1,955.02 )     (1,190.91 )     3,327.26       -  
Expenses
     274,697.62       37,146.31       338,090.23       617,594.25  
Proceeds From Sales of Assets
                                
  Income - AHP Sales Proceeds
     1,812,247.76       495,457.35       1,565,795.52       5,294,595.51  
  Proceeds From Sales of Assets
     1,812,247.76       495,457.35       1,565,795.52       5,294,595.51  
 
                                
Total Net Income
     120,231.73       144,225.22       199,738.34       1,512,364.57