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<table cellpadding="0" cellspacing="0" align="center" style="margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td style="width: 216px" /><td style="width: 24.13px" /><td style="width: 215.86px" /></tr>
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<tr><td style="vertical-align: top; width: 216px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Equipment</p>
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</td></tr>
<tr><td style="vertical-align: top; width: 216px; margin-top: 0px"><p style="margin: 0px">Furniture and Fixtures</p>
</td><td style="vertical-align: top; width: 24.13px; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: top; width: 215.86px; margin-top: 0px"><p style="text-align: center; margin: 0px">5 years</p>
</td></tr>
<tr><td style="vertical-align: top; width: 216px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Property Improvements</p>
</td><td style="vertical-align: top; width: 24.13px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: top; width: 215.86px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: center; margin: 0px">15 – 40 years</p>
</td></tr>
<tr><td style="vertical-align: top; width: 216px; margin-top: 0px"><p style="margin: 0px">Software</p>
</td><td style="vertical-align: top; width: 24.13px; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: top; width: 215.86px; margin-top: 0px"><p style="text-align: center; margin: 0px">3 years</p>
</td></tr>
</table>
<p style="margin: 0px; text-indent: 48px; text-align: justify">During the six months ended March 31, 2016 and 2015, the Company paid related parties (companies related by common control) for the following expenses:</p>
<p style="margin: 0px"><br /></p>
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</td><td colspan="6" style="vertical-align: bottom; width: 161.33px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Commissions and Consulting</b></p>
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</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
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</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="6" style="vertical-align: bottom; width: 161.33px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>March 31,</b></p>
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<tr><td style="vertical-align: bottom; margin-top: 0px; border-bottom: #000000 1px solid"><p style="margin: 0px; font-size: 8pt"><b>Related Party</b></p>
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</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">FranVentures, LLC (1)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">66,413</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">MC Logic, LLC (2)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">21,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Leap Ahead Learning Company (3)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">33,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">Bottom Line Group (4)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">65,117</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Jeffry Ball and J. Ball Group LLC (5)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">45,380</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double"><p style="text-align: right; margin: 0px">230,910</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double"><p style="margin: 0px"> </p>
</td></tr>
</table>
42000
1000000
7500
10218
0
-0.01
-0.06
0.01
-0.01
-0.10
-0.01
-0.01
<p style="margin: 0px; text-align: justify"><b><i>Basis of Presentation</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information, with the instructions to Form 10-Q and with Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required for complete financial statements. In the opinion of management, these consolidated financial statements contain all normal recurring adjustments considered necessary for a fair presentation of the Company’s results for the interim periods that have been included. The results for the six months ended March 31, 2016 are not necessarily indicative of the results to be expected for the full year. These statements should be read in conjunction with the Company’s audited consolidated financial statements and management’s discussion and analysis included in the Company’s annual report on Form 10-K for the year ended September 30, 2015. In addition, refer to Note 6 regarding the sale of Challenge Island and related discontinued operations classification.</p>
<p style="margin: 0px"></p>
<p style="text-align: justify; margin: 0px"><b><i>Related Parties</i></b></p>
<p style="text-align: justify; margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The company has been involved in transactions with related parties. A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.</p>
<p style="margin: 0px; text-align: justify"><b><i>Use of Estimates</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The preparation of financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of financial statements and the reported amounts of revenues and expenses during the reporting period. The more significant estimates and assumptions made by management include allowance for doubtful accounts, allowance for deferred tax assets, depreciation of property and equipment, amortization of intangible assets, recoverability of long lived assets and fair market value of equity instruments. Actual results could differ from those estimates as the current economic environment has increased the degree of uncertainty inherent in these estimates and assumptions.</p>
<p style="margin: 0px; text-align: justify"><b><i>Restricted Cash</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The Company had restricted cash of approximately $157,000 and $249,000, at March 31, 2016 and September 30, 2015, respectively, associated with a marketing fund collected from the franchisees. Per the franchise agreements, a marketing fund of 2% of franchisee’s gross cash receipts is collected and held to be spent on the promotion of the brand (see Note 4).</p>
<p style="margin: 0px; text-align: justify"><b><i>Accounts and Notes Receivable</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The Company reviews accounts and notes receivable periodically for collectability, establishes an allowance for doubtful accounts, and records bad debt expense when deemed necessary. The Company records an allowance for doubtful accounts and notes that is based on historical trends, customer knowledge, any known disputes, and the aging of the accounts receivable balances, combined with management’s estimate of future potential recoverability. Receivables and notes are written off against the allowance after all attempts to collect a receivable have failed. The Company believes its allowance for doubtful accounts at March 31, 2016 and September 30, 2015 is adequate, but actual write-offs could exceed the recorded allowance. During the six months ended March 31, 2016, the values of accounts written-off to the reserve were approximately $70,000 and during the year ended September 30, 2015 the amount of these write-offs was $156,000.</p>
<p style="margin: 0px; text-align: justify"><b><i>Property, Equipment and Depreciation</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Property and equipment are stated at cost. Depreciation is calculated using the straight-line method over the estimated useful lives of the related assets, which range from three to forty years. Expenditures for additions and improvements are capitalized, while repairs and maintenance costs are expensed as incurred. The cost and related accumulated depreciation of property and equipment sold or otherwise disposed of are removed from the accounts and any gain or loss is recorded in the year of disposal.</p>
<p style="margin: 0px"><br /></p>
<table cellpadding="0" cellspacing="0" align="center" style="margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td style="width: 216px" /><td style="width: 24.13px" /><td style="width: 215.86px" /></tr>
<tr><td style="vertical-align: top; width: 216px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="margin: 0px; font-size: 8pt"><b>Fixed Assets</b></p>
</td><td style="vertical-align: top; width: 24.13px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: top; width: 215.86px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Useful Life</b></p>
</td></tr>
<tr><td style="vertical-align: top; width: 216px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Equipment</p>
</td><td style="vertical-align: top; width: 24.13px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: top; width: 215.86px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: center; margin: 0px">5 years</p>
</td></tr>
<tr><td style="vertical-align: top; width: 216px; margin-top: 0px"><p style="margin: 0px">Furniture and Fixtures</p>
</td><td style="vertical-align: top; width: 24.13px; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: top; width: 215.86px; margin-top: 0px"><p style="text-align: center; margin: 0px">5 years</p>
</td></tr>
<tr><td style="vertical-align: top; width: 216px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Property Improvements</p>
</td><td style="vertical-align: top; width: 24.13px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: top; width: 215.86px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: center; margin: 0px">15 – 40 years</p>
</td></tr>
<tr><td style="vertical-align: top; width: 216px; margin-top: 0px"><p style="margin: 0px">Software</p>
</td><td style="vertical-align: top; width: 24.13px; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: top; width: 215.86px; margin-top: 0px"><p style="text-align: center; margin: 0px">3 years</p>
</td></tr>
</table>
<p style="margin: 0px; text-align: justify"><b><i>Revenue Recognition</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Revenue is recognized on an accrual basis after services have been performed under contract terms and in accordance with regulatory requirements, the service price to the client is fixed or determinable, and collectability is reasonably assured</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Since the Company’s franchises are primarily a mobile concept and do not require finding locations or construction, the franchisees can begin operations as soon as they complete training. The franchise fees are fully collectible and nonrefundable as of the date of the signing of the franchise agreement, but the franchise fees are not recognized as revenue until initial training has been completed and when substantially all of the services required by the franchise agreement have been fulfilled by the Company in accordance with ASC Topic 952-605 <i>Revenue Recognition-Franchisor</i>. Royalties are recognized as earned on a monthly basis.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">At March 31, 2016 and September 30, 2015 the Company had approximately $116,000 and $36,000, respectively, in unearned revenue for franchise fees collected but not yet earned per the revenue recognition policy.</p>
<p style="margin: 0px"></p>
<p style="text-align: justify; margin: 0px"><b><i>Advertising Costs</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Advertising costs are expensed as incurred. The Company incurred advertising costs for the quarters ended March 31, 2016 and 2015 of approximately $245,000 and $212,000, respectively.</p>
<p style="margin: 0px"><b><i>Income Taxes</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The provision for income taxes and deferred income taxes are determined using the asset and liability method. Deferred tax assets and liabilities are determined based on temporary differences between the financial carrying amounts and the tax basis of assets and liabilities using enacted tax rates in effect in the years in which the temporary differences are expected to reverse. On a periodic basis, the Company assesses the probability that its net deferred tax assets, if any, will be recovered. If after evaluating all of the positive and negative evidence, a conclusion is made that it is more likely than not that some portion or all of the net deferred tax assets will not be recovered, a valuation allowance is provided by a charge to tax expense to reserve the portion of the deferred tax assets which are not expected to be realized.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The Company reviews its filing positions for all open tax years in all U.S. federal and state jurisdictions where the Company is required to file.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">When there are uncertainties related to potential income tax benefits, in order to qualify for recognition, the position the Company takes has to have at least a “more likely than not” chance of being sustained (based on the position’s technical merits) upon challenge by the respective authorities. The term “more likely than not” means a likelihood of more than 50 percent. Otherwise, the Company may not recognize any of the potential tax benefit associated with the position. The Company recognizes a benefit for a tax position that meets the “more likely than not” criterion at the largest amount of tax benefit that is greater than 50 percent likely of being realized upon its effective resolution. Unrecognized tax benefits involve management’s judgment regarding the likelihood of the benefit being sustained. The final resolution of uncertain tax positions could result in adjustments to recorded amounts and may affect our results of operations, financial position and cash flows.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The Company’s policy is to recognize interest and/or penalties related to income tax matters in income tax expense. The Company had no accrual for interest or penalties at March 31, 2016 and September 30, 2015, respectively, and has not recognized interest and/or penalties during the quarters ended March 31, 2016 and 2015, respectively, since there are no material unrecognized tax benefits.  Management believes no material change to the amount of unrecognized tax benefits will occur within in the next twelve months.</p>
<p style="text-align: justify; margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The tax years subject to examination by major tax jurisdictions include the years 2011 and forward by the U.S. Internal Revenue Service, and the years 2010 and forward for various states.</p>
<p style="margin: 0px"></p>
<p style="text-align: justify; margin: 0px"><b><i>Net earnings (loss) per share</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Basic earnings per share are computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflect the potential dilution that could occur if stock options or other contracts to issue common stock were exercised or converted during the period. Dilutive securities having an anti-dilutive effect on diluted earnings per share are excluded from the calculation.</p>
<p style="margin: 0px"></p>
<p style="text-align: justify; margin: 0px"><b><i>Recent accounting pronouncements</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Revenue from Contracts with Customers (Topic 606) has been discussed in several recent ASU including ASU 2016-12, 2016-11, 2016-10 and 2016-8. In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”), which amends the existing accounting standards for revenue recognition. ASU 2014-09 is based on principles that govern the recognition of revenue at an amount an entity expects to be entitled when products are transferred to customers. ASU 2014-09 will be effective for the Company beginning in its first quarter of 2017. Early adoption is not permitted. The new revenue standard may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of adoption. The Company is currently evaluating the impact of adopting the new revenue standard on its consolidated financial statements.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">In March 2016 the FASB issued ASU No. 2016-09, C<i>ompensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, </i>which is intended to improve and simplify several aspects of the accounting for employee share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. Under the new standard, income tax benefits and deficiencies are to be recognized as income tax expense or benefit in the income statement and the tax effects of exercised or vested awards should be treated as discrete items in the reporting period in which they occur. An entity should also recognize excess tax benefits regardless of whether the benefit reduces taxes payable in the current period. Excess tax benefits should be classified along with other income tax cash flows as an operating activity. In regards to forfeitures, the entity may make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest or account for forfeitures when they occur. This ASU is effective for fiscal years beginning after December 15, 2016 including interim periods within that reporting period, however early adoption is permitted. We are currently assessing the impact that the adoption of ASU 2016-09 will have on our financial statements.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">In November 2015, the FASB issued ASU 2015-17, “Balance Sheet Classification of Deferred Taxes”. The guidance requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent on the balance sheet. The guidance becomes effective for annual reporting periods beginning after December 15, 2016 with early adoption permitted. The Company adopted this guidance retrospectively as of October 1, 2015 and reclassified $75,584 and $81,583 from deferred costs to long-term deferred tax liability in March of 2016 and September of 2015, respectively.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Recent Events</i></b></p>
<p style="text-align: justify; margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">On December 9, 2016, Brian Pappas, through his controlled company FranVentures, LLC, filed with the U.S. Securities and Exchange Commission a preliminary consent statement on Schedule 14A asking the shareholders of the Company to remove the current members of the Board of Directors and to replace them with three individuals proposed by Mr. Pappas. As a result, shareholders may have received, or may receive in the future, consent solicitation materials from FranVentures and/or Mr. Pappas seeking their written consent to remove the current Board members and elect the three individuals proposed by Mr. Pappas. </p>
<p style="text-align: justify; margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">On December 16, 2016, we announced that our Board of Directors had determined that the consent solicitation commenced by Mr. Pappas and FranVentures is not in the best interests of all of the Company’s stockholders. The Company intends to file with the SEC a preliminary consent revocation statement in connection with the consent solicitation being conducted by Mr. Pappas and FranVentures, which will explain in more detail the Board’s reasons for opposing Mr. Pappas’ attempt to gain control of the Company.</p>
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<p style="margin: 0px; text-align: justify"><b>(1) Nature of Organization, Operations and Summary of Significant Accounting Policies:</b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Nature of Organization</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Creative Learning Corporation (CLC) operates wholly owned subsidiaries, BFK Franchise Co., LLC (BFK), CI Franchise Co., LLC (CI), and SF Franchise Company, LLC (SF) under the trade names Bricks 4 Kidz®, Challenge Island®, and Sew Fun Studios™ respectively, that offer children's enrichment and education franchises. As of March 31, 2016, BFK franchisees operated in 691 territories in 45 states and 38 countries, and SF franchisees operated in 12 territories in 10 states and 3 countries. The Company previously operated Challenge Island Franchise Co., LLC (CI) in 49 territories in 44 states and 3 countries.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The Company sold the CI concept on December 9, 2015, and as a result the Company is reporting CI as discontinued operations in the consolidated financial statements. See Note 6.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Basis of Presentation</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information, with the instructions to Form 10-Q and with Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required for complete financial statements. In the opinion of management, these consolidated financial statements contain all normal recurring adjustments considered necessary for a fair presentation of the Company’s results for the interim periods that have been included. The results for the six months ended March 31, 2016 are not necessarily indicative of the results to be expected for the full year. These statements should be read in conjunction with the Company’s audited consolidated financial statements and management’s discussion and analysis included in the Company’s annual report on Form 10-K for the year ended September 30, 2015. In addition, refer to Note 6 regarding the sale of Challenge Island and related discontinued operations classification.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Restatement</i></b></p>
<p style="line-height: 8pt; margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 60px">The previously issued consolidated financial statements of the Company as of and for the six months ended March 31, 2015 have been restated. It was management’s determination that the Company had not properly presented cash, restricted cash, prepaids, other receivables, income tax receivable, deferred tax assets, accounts payable, accrued stock payable, accrued marketing fund, deferred tax liability, legal settlement, accrued liabilities, franchise consulting & commissions, salaries and payroll taxes, professional fees, other general and administrative expenses, and provision for income taxes.</p>
<p style="line-height: 8pt; margin: 0px"><br /></p>
<p style="text-align: center; margin: 0px"><b>Restatement of 2015 Financial Statements</b></p>
<p style="line-height: 8pt; margin: 0px"><br /></p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.66px" /><td style="width: 6.66px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.86px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>As reported </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>CI Adjustment</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Post CI </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Adjustment </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restatement</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restated Balance </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"><u>Assets</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.86px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Cash</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,739,673</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(35,155</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,704,518</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">6,311</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,710,829</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Restricted cash</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">225,984</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">225,984</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(5,824</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">220,160</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Prepaids</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">35,622</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">35,622</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(7,750</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">27,872</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other receivables - current portion</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">191,935</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(130,943</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">60,992</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(1,075</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">59,917</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other receivables - net of current portion</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">55,183</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">55,183</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(17,273</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">37,910</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Income tax receivable</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">41,825</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">41,825</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">38,351</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">80,176</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Deferred tax asset</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">48,723</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">48,723</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(44,776</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">3,947</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total assets</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">4,288,586</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">4,288,586</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(32,461</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">4,256,125</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"><u>Liabilities</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accounts payable - related parties</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">18,006</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">18,006</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(17,983</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">23</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accounts payable</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">194,160</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(18,735</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">175,425</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">17,984</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">193,409</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accrued stock payable</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">10,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">10,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(10,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accrued marketing fund</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">225,984</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(5,874</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">220,110</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">50</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">220,160</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Deferred tax liability</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">5,550</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">5,550</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(5,550</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Legal settlement</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">25,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">25,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(25,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accrued liabilities</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">35,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">35,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Long-term deferred tax liability</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">22,230</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">22,230</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(22,230</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total liabilities</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">594,800</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">594,800</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(28,154</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">566,646</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"><u>Stockholders’ Equity</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Common stock</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">1,198</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">1,198</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">1,198</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Additional paid-in capital</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,518,176</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,518,176</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,518,176</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Treasury stock</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(16,845</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(16,845</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(16,845</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Retained earnings</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">1,191,257</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">1,191,257</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(4,307</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">1,186,950</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total stockholders' equity</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">3,693,786</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">3,693,786</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(4,307</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">3,689,479</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="line-height: 8pt; margin: 0px; font-size: 12pt"> </p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.66px" /><td style="width: 6.66px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.86px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>As reported </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Six Months Ended </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>CI Adjustment</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Post CI </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Adjustment </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restatement</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restated </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Six Months Ended </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"><u>Expenses</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Franchise consulting & commissions- related parties</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">252,898</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">252,898</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(13,768</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">239,130</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Franchise consulting & commissions-other</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">445,466</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(121,898</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">323,568</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">13,767</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">337,335</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Salaries and payroll taxes</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">612,724</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">612,724</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(30,073</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">582,651</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Professional fees</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">228,291</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(263</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">228,028</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(36</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">227,992</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other general and administrative expenses</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">253,678</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(20,167</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">233,511</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">141,088</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">374,599</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Provision for income taxes</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">74,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">74,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(48,239</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">25,761</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Net income</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">116,361</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">116,361</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(62,738</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">53,623</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total earnings per share - basic & diluted</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.00</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="margin: 0px; font-size: 12pt"> <br /></p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.66px" /><td style="width: 6.66px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.86px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>As reported</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Three Months</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Ended</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>CI Adjustment</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Post CI</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Adjustment</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restatement</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restated</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Three Months</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Ended</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td></tr>
<tr><td style="vertical-align: top; margin-top: 0px"><p style="margin: 0px"><u>Revenue</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.86px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Initial franchise fees</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">872,737</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(147,750</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">724,987</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">23,990</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">748,977</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Royalty Fees</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">740,811</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(20,178</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">720,633</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(23,990</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">696,643</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"><u>Expenses</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Franchise consulting & commissions- related parties</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">122,655</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">122,655</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(3,100</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">119,555</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Franchise consulting & commissions-other</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">188,732</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(66,777</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">121,955</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">3,099</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">125,054</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Salaries and payroll taxes</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">293,886</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">293,886</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(3,481</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">290,405</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Advertising</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">250,067</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(46,153</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">203,914</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">8,250</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">212,164</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Professional fees</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">131,352</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">131,352</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(728</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">130,624</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other general and administrative expenses</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">207,371</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(12,652</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">194,719</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">5,293</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">200,012</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Interest income (expense)</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">3,870</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(236</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">3,634</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(1,400</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,234</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other income (expense)</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(2,747</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(2,747</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">2,010</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(737</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Provision for income taxes</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">85,500</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">85,500</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(15,724</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">69,776</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Net income</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">138,239</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">138,239</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">7,003</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">145,242</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total earnings per share - basic & diluted</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Related Parties</i></b></p>
<p style="text-align: justify; margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The company has been involved in transactions with related parties. A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.</p>
<p style="text-align: justify; margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Use of Estimates</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The preparation of financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of financial statements and the reported amounts of revenues and expenses during the reporting period. The more significant estimates and assumptions made by management include allowance for doubtful accounts, allowance for deferred tax assets, depreciation of property and equipment, amortization of intangible assets, recoverability of long lived assets and fair market value of equity instruments. Actual results could differ from those estimates as the current economic environment has increased the degree of uncertainty inherent in these estimates and assumptions.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Restricted Cash</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The Company had restricted cash of approximately $157,000 and $249,000,
at March 31, 2016 and September 30, 2015, respectively, associated with a marketing fund collected from the franchisees. Per the
franchise agreements, a marketing fund of 2% of franchisee’s gross cash receipts is collected and held to be spent on the
promotion of the brand (see Note 4).</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Accounts and Notes Receivable</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The Company reviews accounts and notes receivable periodically for collectability, establishes an allowance for doubtful accounts, and records bad debt expense when deemed necessary. The Company records an allowance for doubtful accounts and notes that is based on historical trends, customer knowledge, any known disputes, and the aging of the accounts receivable balances, combined with management’s estimate of future potential recoverability. Receivables and notes are written off against the allowance after all attempts to collect a receivable have failed. The Company believes its allowance for doubtful accounts at March 31, 2016 and September 30, 2015 is adequate, but actual write-offs could exceed the recorded allowance. During the six months ended March 31, 2016, the values of accounts written-off to the reserve were approximately $70,000 and during the year ended September 30, 2015 the amount of these write-offs was $156,000.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Property, Equipment and Depreciation</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Property and equipment are stated at cost. Depreciation is calculated using the straight-line method over the estimated useful lives of the related assets, which range from three to forty years. Expenditures for additions and improvements are capitalized, while repairs and maintenance costs are expensed as incurred. The cost and related accumulated depreciation of property and equipment sold or otherwise disposed of are removed from the accounts and any gain or loss is recorded in the year of disposal.</p>
<p style="margin: 0px"><br /></p>
<table cellpadding="0" cellspacing="0" align="center" style="margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td style="width: 216px" /><td style="width: 24.13px" /><td style="width: 215.86px" /></tr>
<tr><td style="vertical-align: top; width: 216px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="margin: 0px; font-size: 8pt"><b>Fixed Assets</b></p>
</td><td style="vertical-align: top; width: 24.13px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: top; width: 215.86px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Useful Life</b></p>
</td></tr>
<tr><td style="vertical-align: top; width: 216px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Equipment</p>
</td><td style="vertical-align: top; width: 24.13px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: top; width: 215.86px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: center; margin: 0px">5 years</p>
</td></tr>
<tr><td style="vertical-align: top; width: 216px; margin-top: 0px"><p style="margin: 0px">Furniture and Fixtures</p>
</td><td style="vertical-align: top; width: 24.13px; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: top; width: 215.86px; margin-top: 0px"><p style="text-align: center; margin: 0px">5 years</p>
</td></tr>
<tr><td style="vertical-align: top; width: 216px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Property Improvements</p>
</td><td style="vertical-align: top; width: 24.13px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: top; width: 215.86px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: center; margin: 0px">15 – 40 years</p>
</td></tr>
<tr><td style="vertical-align: top; width: 216px; margin-top: 0px"><p style="margin: 0px">Software</p>
</td><td style="vertical-align: top; width: 24.13px; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: top; width: 215.86px; margin-top: 0px"><p style="text-align: center; margin: 0px">3 years</p>
</td></tr>
</table>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Revenue Recognition</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Revenue is recognized on an accrual basis after services have been performed under contract terms and in accordance with regulatory requirements, the service price to the client is fixed or determinable, and collectability is reasonably assured</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Since the Company’s franchises are primarily a mobile concept and do not require finding locations or construction, the franchisees can begin operations as soon as they complete training. The franchise fees are fully collectible and nonrefundable as of the date of the signing of the franchise agreement, but the franchise fees are not recognized as revenue until initial training has been completed and when substantially all of the services required by the franchise agreement have been fulfilled by the Company in accordance with ASC Topic 952-605 <i>Revenue Recognition-Franchisor</i>. Royalties are recognized as earned on a monthly basis.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">At March 31, 2016 and September 30, 2015 the Company had approximately $116,000 and $36,000, respectively, in unearned revenue for franchise fees collected but not yet earned per the revenue recognition policy.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Advertising Costs</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Advertising costs are expensed as incurred. The Company incurred advertising costs for the quarters ended March 31, 2016 and 2015 of approximately $245,000 and $212,000, respectively.</p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px"><b><i>Income Taxes</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The provision for income taxes and deferred income taxes are determined
using the asset and liability method. Deferred tax assets and liabilities are determined based on temporary differences between
the financial carrying amounts and the tax basis of assets and liabilities using enacted tax rates in effect in the years in which
the temporary differences are expected to reverse. On a periodic basis, the Company assesses the probability that its net deferred
tax assets, if any, will be recovered. If after evaluating all of the positive and negative evidence, a conclusion is made that
it is more likely than not that some portion or all of the net deferred tax assets will not be recovered, a valuation allowance
is provided by a charge to tax expense to reserve the portion of the deferred tax assets which are not expected to be realized.<br /><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The Company reviews its filing positions for all open tax years in all U.S. federal and state jurisdictions where the Company is required to file.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">When there are uncertainties related to potential income tax benefits, in order to qualify for recognition, the position the Company takes has to have at least a “more likely than not” chance of being sustained (based on the position’s technical merits) upon challenge by the respective authorities. The term “more likely than not” means a likelihood of more than 50 percent. Otherwise, the Company may not recognize any of the potential tax benefit associated with the position. The Company recognizes a benefit for a tax position that meets the “more likely than not” criterion at the largest amount of tax benefit that is greater than 50 percent likely of being realized upon its effective resolution. Unrecognized tax benefits involve management’s judgment regarding the likelihood of the benefit being sustained. The final resolution of uncertain tax positions could result in adjustments to recorded amounts and may affect our results of operations, financial position and cash flows.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The Company’s policy is to recognize interest and/or penalties related to income tax matters in income tax expense. The Company had no accrual for interest or penalties at March 31, 2016 and September 30, 2015, respectively, and has not recognized interest and/or penalties during the quarters ended March 31, 2016 and 2015, respectively, since there are no material unrecognized tax benefits.  Management believes no material change to the amount of unrecognized tax benefits will occur within in the next twelve months.</p>
<p style="text-align: justify; margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The tax years subject to examination by major tax jurisdictions include the years 2011 and forward by the U.S. Internal Revenue Service, and the years 2010 and forward for various states.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Net earnings (loss) per share</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Basic earnings per share are computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflect the potential dilution that could occur if stock options or other contracts to issue common stock were exercised or converted during the period. Dilutive securities having an anti-dilutive effect on diluted earnings per share are excluded from the calculation.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Recent accounting pronouncements</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Revenue from Contracts with Customers (Topic 606) has been discussed in several recent ASU including ASU 2016-12, 2016-11, 2016-10 and 2016-8. In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”), which amends the existing accounting standards for revenue recognition. ASU 2014-09 is based on principles that govern the recognition of revenue at an amount an entity expects to be entitled when products are transferred to customers. ASU 2014-09 will be effective for the Company beginning in its first quarter of 2017. Early adoption is not permitted. The new revenue standard may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of adoption. The Company is currently evaluating the impact of adopting the new revenue standard on its consolidated financial statements.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">In March 2016 the FASB issued ASU No. 2016-09, C<i>ompensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, </i>which is intended to improve and simplify several aspects of the accounting for employee share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. Under the new standard, income tax benefits and deficiencies are to be recognized as income tax expense or benefit in the income statement and the tax effects of exercised or vested awards should be treated as discrete items in the reporting period in which they occur. An entity should also recognize excess tax benefits regardless of whether the benefit reduces taxes payable in the current period. Excess tax benefits should be classified along with other income tax cash flows as an operating activity. In regards to forfeitures, the entity may make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest or account for forfeitures when they occur. This ASU is effective for fiscal years beginning after December 15, 2016 including interim periods within that reporting period, however early adoption is permitted. We are currently assessing the impact that the adoption of ASU 2016-09 will have on our financial statements.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">In November 2015, the FASB issued ASU 2015-17, “Balance Sheet Classification of Deferred Taxes”. The guidance requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent on the balance sheet. The guidance becomes effective for annual reporting periods beginning after December 15, 2016 with early adoption permitted. The Company adopted this guidance retrospectively as of October 1, 2015 and reclassified $75,584 and $81,583 from deferred costs to long-term deferred tax liability in March of 2016 and September of 2015, respectively.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px"><b><i>Recent Events</i></b></p>
<p style="text-align: justify; margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">On December 9, 2016, Brian Pappas, through his controlled company FranVentures, LLC, filed with the U.S. Securities and Exchange Commission a preliminary consent statement on Schedule 14A asking the shareholders of the Company to remove the current members of the Board of Directors and to replace them with three individuals proposed by Mr. Pappas. As a result, shareholders may have received, or may receive in the future, consent solicitation materials from FranVentures and/or Mr. Pappas seeking their written consent to remove the current Board members and elect the three individuals proposed by Mr. Pappas. </p>
<p style="text-align: justify; margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">On December 16, 2016, we announced that our Board of Directors had determined that the consent solicitation commenced by Mr. Pappas and FranVentures is not in the best interests of all of the Company’s stockholders. The Company intends to file with the SEC a preliminary consent revocation statement in connection with the consent solicitation being conducted by Mr. Pappas and FranVentures, which will explain in more detail the Board’s reasons for opposing Mr. Pappas’ attempt to gain control of the Company.</p>
<p style="margin: 0px; text-align: justify"><b>(2) Related Party</b></p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">During the six months ended March 31, 2016 and 2015, the Company paid related parties (companies related by common control) for the following expenses:</p>
<p style="margin: 0px"><br /></p>
<table cellpadding="0" cellspacing="0" style="margin-top: 0px; font-size: 10pt; width: 100%"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="margin-top: 0px; vertical-align: bottom"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="6" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: bottom; width: 161.33px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>Commissions and Consulting</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="margin-top: 0px; vertical-align: bottom"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="6" style="margin-top: 0px; vertical-align: bottom; width: 161.33px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>Six months ended</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="margin-top: 0px; vertical-align: bottom"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="6" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: bottom; width: 161.33px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>March 31,</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: bottom"><p style="margin: 0px; font-size: 8pt"><b>Related Party</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: bottom; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>2016</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: bottom; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>2015</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom"><p style="margin: 0px">FranVentures, LLC (1)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">66,413</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom"><p style="margin: 0px">MC Logic, LLC (2)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">21,000</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom"><p style="margin: 0px">Leap Ahead Learning Company (3)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">33,000</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom"><p style="margin: 0px">Bottom Line Group (4)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">65,117</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom"><p style="margin: 0px">Jeffry Ball and J. Ball Group LLC (5)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">45,380</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">230,910</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="margin: 0px"><br /></p>
<table cellpadding="0" cellspacing="0" style="margin-top: 0px; font-size: 10pt; width: 100%"><tr style="height: 0px; font-size: 0"><td style="width: 32px" /><td /></tr>
<tr><td style="margin-top: 0px; vertical-align: top; width: 32px"><p style="margin: 0px">(1)</p>
</td><td style="margin-top: 0px; vertical-align: top"><p style="margin: 0px; text-align: justify">Brian Pappas is a director and former chief executive officer of the Company. Effective July 22, 2015, Mr. Pappas was no longer employed by the Company. Mr. Pappas is the Managing Director and a minority owner of FranVentures, LLC. FranVentures, LLC received a 5% commission on BFK franchise sales by the Company prior to April 8, 2015. The related party payable was $-0- at March 31, 2016 and September 30, 2015. Not included above are travel and expense charges for Mr. Pappas for the six months ending March 31, 2016 and 2015, respectively of approximately $-0- and $70. The wife of Mr. Pappas, Chris Pappas, was the human resources and payroll manager for the Company with compensation for the six months ending March 31, 2016 and 2015, respectively of approximately $-0- and $12,500. Effective August 6, 2015, Mrs. Pappas was no longer employed by the Company and did not receive compensation subsequent to her leaving employment with the Company. Not included above are expense reimbursements for Mrs. Pappas for the six months ending March 31, 2016 and 2015 of approximately $-0- and $2,000, respectively.</p>
</td></tr>
<tr><td style="margin-top: 0px; vertical-align: top; width: 32px"><p style="margin: 0px">(2)</p>
</td><td style="margin-top: 0px; vertical-align: top"><p style="margin: 0px; text-align: justify">MC Logic, LLC (“MC Logic”) is 100% owned by Michelle Cote, who is the Company’s President and Secretary and a former director and founder of the Company. Not included above are travel and expense reimbursements paid of approximately $-0- and $4300, respectively for the six months ending March 31, 2016 and 2015. The related party payable was $-0- at March 31, 2016 and 2015. During the quarter ended December 31, 2013, the Company made a non-interest bearing loan in the amount of $125,000 to MC Logic. Later in that same quarter, management determined that the loan could be deemed a violation of Section 13(k) of the Exchange Act and Section 402 of the Sarbanes-Oxley Act and immediately sought repayment in full of the loan. MC Logic promptly repaid the entire amount of the loan before the end of the fiscal quarter ended December 31, 2013. Subsequent to the end of fiscal year 2015, the Company has recorded a related party receivable of $7,500 which resulted from activities that occurred in 2016. The receivable is a net amount due resulting from pre-approved activities at an MC Logic Sew Fun Franchise location, which involved using the space for initial evaluation of a potential new franchise concept and for the Company’s use of the location to consider taking the Sew Fun franchise as a company store. During this time, MC Logic had been reimbursed for expended funds and had tendered to the Company certain revenues. The Company later changed strategy, resulting in the reversal of reimbursements to MC Logic and the return of revenues to MC Logic. The net result was $10,217.73 due from MC Logic. MC Logic paid the balance in June of 2016. In addition, the Company has entered into an arrangement with MC Logic under which MC Logic has agreed to pay the standard Sew Fun Studios monthly royalty fee due for this territory effective June 1, 2016, and MC Logic is current on those payments as of September of 2016.</p>
</td></tr>
<tr><td style="margin-top: 0px; vertical-align: top; width: 32px"><p style="margin: 0px">(3)</p>
</td><td style="margin-top: 0px; vertical-align: top"><p style="margin: 0px; text-align: justify">Leap Ahead Learning Company is 100% owned by Dan O’Donnell, who was a director and the Chief Operating Officer of the Company until his resignation on April 6 2016. Until April 15, 2015, the Company had paid Leap Ahead Learning $5,000 per month for consulting services except in November of 2014 when Leap Ahead Learning was paid $8,000. These services were provided through Mr. O'Donnell. Not included above are travel and expense reimbursements paid of approximately $4,000 and $23,000, respectively for the six month periods ended March 31, 2016 and 2015. The related party payable was approximately $1,000 and $-0-, respectively at March 31, 2016 and 2015.</p>
</td></tr>
</table>
<table cellpadding="0" cellspacing="0" style="margin-top: 0px; font-size: 10pt; width: 100%"><tr style="height: 0px; font-size: 0"><td style="width: 32px" /><td /></tr>
<tr><td style="margin-top: 0px; vertical-align: top; width: 32px"><p style="margin: 0px">(4)</p>
</td><td style="margin-top: 0px; vertical-align: top"><p style="margin: 0px; text-align: justify">Bottom Line Group is owned by Jeff Pappas, a brother to Brian Pappas. The Business Consulting and Development Agreement between Bottom Line Group and the Company was terminated on September 25, 2015. Bottom Line Group served as one of the Company’s brokers in the sale of franchises. Payments to Bottom Line Group include commissions and consulting fees reflected in the table above. Not included above are travel and expense reimbursements paid of approximately $-0- and $5,000, respectively for the six months ended March 31, 2016 and 2015. The related party payable was approximately $-0- and $-0-, respectively at March 31, 2016 and 2015. Not included in the related party schedule above are payments made to Michael Pappas (son to Jeff Pappas). The Business Consulting and Development Agreement between Michael Pappas and the Company has been terminated effective September 26, 2015. Payments made to Michael Pappas in the six months ended March 31, 2016 and 2015 were approximately $-0- and $8,000, respectively.</p>
</td></tr>
<tr><td style="margin-top: 0px; vertical-align: top; width: 32px"><p style="margin: 0px">(5)</p>
</td><td style="margin-top: 0px; vertical-align: top"><p style="margin: 0px; text-align: justify">J. Ball Group LLC is owned by Jeffery Ball, a son-in-law to Brian Pappas. The Independent Contractor Agreement between Jeffrey Ball and J Ball Group, LLC and the Company was terminated on September 30, 2015. The J Ball Group LLC served as one of the Company’s brokers in the sale of franchises. Payments reflected in the table above include commissions and consulting fees. Not included above are travel and expense reimbursements paid of approximately $-0- and $3,000, respectively for the six months ended March 31, 2016 and 2015. There was no related party payable at March 31, 2016 or 2015. In January 2015, Jeffery Ball formed J. Ball Group LLC, which in these financial statements and disclosures have been presented as one business activity with amounts paid to either entity combined.</p>
</td></tr>
</table>
<p style="margin: 0px; text-align: justify"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">The Company had $11,130 in rent expense for the six months
ended March 31, 2016 for a 1,200 square foot MC Logic leased facility located in St. Augustine, Florida (the
“Store”). This was a month to month arrangement with no lease in the Company’s name. The Company used the
Store as a training center and expected to start holding classes and special events during evenings and weekends. This
arrangement ended in March 2016.</p>
<p style="margin: 0px"></p>
<p style="margin: 0px; text-align: justify"><b>(3) Notes and Other Receivables</b></p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">At March 31, 2016 and September 30, 2015 respectively, the
Company held certain other receivables totaling approximately $157,000 and $210,000 respectively for extended payment terms
of franchise fees, generally non-interest bearing notes with monthly payments, payable within one to two years. The Company
only writes off franchisees’ receivables in the event that they leave the network. In addition, the Company analyzes collectability of all receivables and reserves accordingly.</p>
<p style="margin: 0px"><br /></p>
<table cellpadding="0" cellspacing="0" style="margin-top: 0px; font-size: 10pt; width: 100%"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.66px" /><td style="width: 6.66px" /><td style="width: 67.13px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="margin-top: 0px; vertical-align: bottom"><p style="margin: 0px; padding: 0px"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.66px"><p style="margin: 0px; padding: 0px"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: bottom; width: 73.8px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>2016</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: bottom; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>2017</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: bottom; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>2018</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: bottom; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>2019</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: bottom; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>Thereafter</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: bottom; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>Total</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Payment schedules for Notes Receivable</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.66px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.66px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.13px"><p style="margin: 0px; text-align: right">74,387</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">33,978</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">14,000</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">12,950</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">21,725</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">157,040</p>
</td></tr></table>
<p style="margin: 0px"></p>
<p style="margin: 0px"><b>(4) Accrued Marketing Fund</b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">Per the terms of the franchise agreements, the Company collects 2% of franchisee’s gross revenues for a marketing fund, managed by the Company, to allocate towards national branding of the Company’s concepts to benefit the franchisees.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The marketing fund amounts are accounted for as a liability on the balance sheet and the actual collections are deposited into a marketing fund bank account. Expenses pertaining to the marketing fund activities are paid from the marketing fund and reduce the liability account.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">At March 31, 2016 and September 30, 2015, the accrued marketing fund liability balances were approximately $108,000 and $249,000, respectively.</p>
<p style="margin: 0px"></p>
<p style="margin: 0px"><b>(5) Accrued Liabilities</b></p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px; text-indent: 48px">The Company had accrued liabilities at March 31, 2016, and September 30, 2015 as follows:</p>
<p style="margin: 0px"><br /></p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>March 31,</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>September 30,</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; border-bottom: #000000 1px solid"><p style="margin: 0px; font-size: 8pt"><b>Accrued Liabilities</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>2016</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Accrued Audit Fees</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">10,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">8,581</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">Accrued Legal Fees</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">105,508</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">213,130</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Accrued Legal Settlements</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">17,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">101,897</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">Accrued State Regulatory Settlement</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">206,800</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">104,450</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Accrued Advertising</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">21,826</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">Accrued Consulting & Commissions</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">29,911</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Accrued Franchisee Expense</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">9,991</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">Accrued Travel</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">2,226</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Accrued Office expense</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">964</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">Insurance overpayment</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(4,185</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 3px double"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 3px double"><p style="text-align: right; margin: 0px">400,041</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 3px double"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 3px double"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 3px double"><p style="text-align: right; margin: 0px">428,058</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 3px double"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">The Company accrued $206,800 for state penalties and costs and the reimbursement of six franchisees as of March 31, 2016.</p>
<p style="margin: 0px; text-align: justify"><b>(7) Common Stock</b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">In connection with the Discontinued Operations (see Note 6), in December 2015, the Company recorded Treasury Stock in the amount of $16,500 using the Cost Method for the 50,000 shares repurchased.</p>
<p style="margin: 0px; text-align: justify"><b>(9) Subsequent Events</b></p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">As of January 29, 2016, Creative Learning Corporation (“the Company”) temporarily suspended domestic franchise offer and sales of Bricks 4 Kidz® and Sew Fun Studios® franchises in compliance with FTC Franchise Rule, Section 436.7(a) due to delay in completion of the Company’s FY2015 consolidated audited financial statements.. In turn, this has delayed completion of the Company’s 2016 Franchise Disclosure Documents (“FDDs”) for the Bricks 4 Kidz® and Sew Fun Studios®. The company has reinstated sales of Bricks 4 Kidz franchises in September of 2016 in most states.</p>
<p style="margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 48px">In March 2016, the Company received a letter from the Commonwealth of Virginia State Corporation Commission alleging that Company affiliate BFK Franchise Company, LLC (“BFK”) and former Company CEO Brian Pappas had violated certain provisions of the Virginia Retail Franchising Act. The Letter sought a negotiated resolution of the issues. The Company has cooperated and negotiated a payment of approximately $60,000 in restitution and $35,000 in fines and costs. Such amount<font style="color: #00007F">s</font> have been accrued as legal settlement payable on the accompanying balance sheets.</p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.66px" /><td style="width: 6.66px" /><td style="width: 67.13px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.8px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>2016</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>2017</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>2018</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>2019</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Thereafter</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Total</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Payment schedules for Notes Receivable</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.13px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">74,387</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">33,978</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">14,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">12,950</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">21,725</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">157,040</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="margin: 0px; text-indent: 48px">The Company had accrued liabilities at March 31, 2016, and September 30, 2015 as follows:</p>
<p style="margin: 0px"><br /></p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>March 31,</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>September 30,</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; border-bottom: #000000 1px solid"><p style="margin: 0px; font-size: 8pt"><b>Accrued Liabilities</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>2016</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Accrued Audit Fees</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">10,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">8,581</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">Accrued Legal Fees</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">105,508</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">213,130</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Accrued Legal Settlements</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">17,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">101,897</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">Accrued State Regulatory Settlement</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">206,800</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">104,450</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Accrued Advertising</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">21,826</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">Accrued Consulting & Commissions</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">29,911</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Accrued Franchisee Expense</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">9,991</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">Accrued Travel</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">2,226</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">Accrued Office expense</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">964</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">Insurance overpayment</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(4,185</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 3px double"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 3px double"><p style="text-align: right; margin: 0px">400,041</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 3px double"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 3px double"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 3px double"><p style="text-align: right; margin: 0px">428,058</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 3px double"><p style="margin: 0px"> </p>
</td></tr>
</table>
560000
95000
89000
24750
50000
16500
25000
8250
-6016
252941
168067
-45
7635
62287
46153
24118
18118
121898
66776
19925
4578
263
4451
2297
1767
883
-1430
20069
12555
289
-12221
-1837
16707
-335
-28000
24032
16667
16500
57199
9016
193409
17984
-18735
175425
194160
50000
106250
<p style="margin: 0px"></p>
<p style="text-align: justify; margin: 0px"><b><i>Restatement</i></b></p>
<p style="line-height: 8pt; margin: 0px"><br /></p>
<p style="text-align: justify; margin: 0px; text-indent: 60px">The previously issued consolidated financial statements of the Company as of and for the six months ended March 31, 2015 have been restated. It was management’s determination that the Company had not properly presented cash, restricted cash, prepaids, other receivables, income tax receivable, deferred tax assets, accounts payable, accrued stock payable, accrued marketing fund, deferred tax liability, legal settlement, accrued liabilities, franchise consulting & commissions, salaries and payroll taxes, professional fees, other general and administrative expenses, and provision for income taxes.</p>
<p style="line-height: 8pt; margin: 0px"><br /></p>
<p style="text-align: center; margin: 0px"><b>Restatement of 2015 Financial Statements</b></p>
<p style="line-height: 8pt; margin: 0px"><br /></p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.66px" /><td style="width: 6.66px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.86px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>As reported </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>CI Adjustment</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Post CI </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Adjustment </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restatement</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restated Balance </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"><u>Assets</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.86px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Cash</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,739,673</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(35,155</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,704,518</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">6,311</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,710,829</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Restricted cash</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">225,984</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">225,984</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(5,824</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">220,160</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Prepaids</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">35,622</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">35,622</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(7,750</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">27,872</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other receivables - current portion</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">191,935</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(130,943</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">60,992</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(1,075</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">59,917</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other receivables - net of current portion</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">55,183</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">55,183</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(17,273</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">37,910</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Income tax receivable</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">41,825</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">41,825</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">38,351</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">80,176</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Deferred tax asset</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">48,723</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">48,723</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(44,776</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">3,947</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total assets</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">4,288,586</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">4,288,586</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(32,461</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">4,256,125</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"><u>Liabilities</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accounts payable - related parties</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">18,006</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">18,006</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(17,983</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">23</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accounts payable</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">194,160</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(18,735</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">175,425</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">17,984</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">193,409</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accrued stock payable</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">10,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">10,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(10,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accrued marketing fund</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">225,984</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(5,874</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">220,110</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">50</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">220,160</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Deferred tax liability</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">5,550</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">5,550</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(5,550</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Legal settlement</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">25,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">25,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(25,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accrued liabilities</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">35,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">35,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Long-term deferred tax liability</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">22,230</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">22,230</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(22,230</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total liabilities</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">594,800</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">594,800</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(28,154</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">566,646</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"><u>Stockholders’ Equity</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Common stock</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">1,198</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">1,198</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">1,198</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Additional paid-in capital</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,518,176</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,518,176</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,518,176</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Treasury stock</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(16,845</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(16,845</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(16,845</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Retained earnings</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">1,191,257</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">1,191,257</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(4,307</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">1,186,950</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total stockholders' equity</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">3,693,786</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">3,693,786</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(4,307</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">3,689,479</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="line-height: 8pt; margin: 0px; font-size: 12pt"> </p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.66px" /><td style="width: 6.66px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.86px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>As reported </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Six Months Ended </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>CI Adjustment</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Post CI </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Adjustment </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restatement</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restated </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Six Months Ended </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"><u>Expenses</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Franchise consulting & commissions- related parties</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">252,898</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">252,898</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(13,768</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">239,130</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Franchise consulting & commissions-other</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">445,466</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(121,898</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">323,568</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">13,767</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">337,335</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Salaries and payroll taxes</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">612,724</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">612,724</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(30,073</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">582,651</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Professional fees</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">228,291</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(263</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">228,028</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(36</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">227,992</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other general and administrative expenses</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">253,678</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(20,167</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">233,511</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">141,088</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">374,599</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Provision for income taxes</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">74,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">74,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(48,239</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">25,761</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Net income</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">116,361</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">116,361</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(62,738</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">53,623</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total earnings per share - basic & diluted</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.00</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="margin: 0px; font-size: 12pt"> <br /></p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.66px" /><td style="width: 6.66px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.86px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>As reported</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Three Months</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Ended</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>CI Adjustment</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Post CI</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Adjustment</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restatement</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restated</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Three Months</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Ended</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td></tr>
<tr><td style="vertical-align: top; margin-top: 0px"><p style="margin: 0px"><u>Revenue</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.86px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Initial franchise fees</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">872,737</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(147,750</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">724,987</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">23,990</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">748,977</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Royalty Fees</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">740,811</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(20,178</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">720,633</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(23,990</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">696,643</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"><u>Expenses</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Franchise consulting & commissions- related parties</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">122,655</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">122,655</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(3,100</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">119,555</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Franchise consulting & commissions-other</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">188,732</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(66,777</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">121,955</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">3,099</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">125,054</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Salaries and payroll taxes</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">293,886</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">293,886</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(3,481</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">290,405</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Advertising</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">250,067</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(46,153</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">203,914</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">8,250</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">212,164</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Professional fees</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">131,352</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">131,352</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(728</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">130,624</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other general and administrative expenses</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">207,371</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(12,652</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">194,719</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">5,293</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">200,012</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Interest income (expense)</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">3,870</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(236</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">3,634</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(1,400</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,234</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other income (expense)</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(2,747</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(2,747</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">2,010</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(737</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Provision for income taxes</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">85,500</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">85,500</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(15,724</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">69,776</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Net income</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">138,239</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">138,239</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">7,003</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">145,242</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total earnings per share - basic & diluted</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="margin: 0px"></p>
<p style="text-align: justify; margin: 0px"><br /></p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.66px" /><td style="width: 6.66px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.86px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>As reported </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>CI Adjustment</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Post CI </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Adjustment </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restatement</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restated Balance </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"><u>Assets</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.86px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Cash</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,739,673</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(35,155</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,704,518</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">6,311</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,710,829</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Restricted cash</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">225,984</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">225,984</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(5,824</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">220,160</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Prepaids</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">35,622</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">35,622</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(7,750</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">27,872</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other receivables - current portion</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">191,935</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(130,943</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">60,992</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(1,075</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">59,917</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other receivables - net of current portion</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">55,183</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">55,183</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(17,273</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">37,910</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Income tax receivable</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">41,825</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">41,825</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">38,351</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">80,176</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Deferred tax asset</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">48,723</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">48,723</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(44,776</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">3,947</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total assets</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">4,288,586</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">4,288,586</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(32,461</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">4,256,125</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"><u>Liabilities</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accounts payable - related parties</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">18,006</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">18,006</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(17,983</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">23</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accounts payable</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">194,160</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(18,735</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">175,425</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">17,984</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">193,409</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accrued stock payable</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">10,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">10,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(10,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accrued marketing fund</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">225,984</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(5,874</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">220,110</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">50</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">220,160</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Deferred tax liability</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">5,550</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">5,550</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(5,550</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Legal settlement</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">25,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">25,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(25,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Accrued liabilities</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">35,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">35,080</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Long-term deferred tax liability</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">22,230</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">22,230</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(22,230</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total liabilities</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">594,800</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">594,800</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(28,154</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">566,646</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"><u>Stockholders’ Equity</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Common stock</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">1,198</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">1,198</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">1,198</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Additional paid-in capital</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,518,176</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,518,176</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,518,176</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Treasury stock</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(16,845</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(16,845</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(16,845</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Retained earnings</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">1,191,257</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">1,191,257</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(4,307</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">1,186,950</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total stockholders' equity</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">3,693,786</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">3,693,786</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(4,307</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">3,689,479</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="line-height: 8pt; margin: 0px; font-size: 12pt"> </p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.66px" /><td style="width: 6.66px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.86px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>As reported </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Six Months Ended </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>CI Adjustment</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Post CI </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Adjustment </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restatement</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restated </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Six Months Ended </b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"><u>Expenses</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Franchise consulting & commissions- related parties</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">252,898</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">252,898</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(13,768</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">239,130</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Franchise consulting & commissions-other</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">445,466</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(121,898</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">323,568</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">13,767</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">337,335</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Salaries and payroll taxes</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">612,724</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">612,724</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(30,073</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">582,651</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Professional fees</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">228,291</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(263</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">228,028</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(36</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">227,992</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other general and administrative expenses</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">253,678</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(20,167</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">233,511</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">141,088</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">374,599</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Provision for income taxes</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">74,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">74,000</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(48,239</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">25,761</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Net income</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">116,361</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">116,361</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(62,738</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">53,623</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total earnings per share - basic & diluted</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.00</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="margin: 0px; font-size: 12pt"> <br /></p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0px; font-size: 10pt"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.66px" /><td style="width: 6.66px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="vertical-align: bottom; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px"><p style="margin: 0px; padding: 0px"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.86px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>As reported</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Three Months</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Ended</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>CI Adjustment</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Post CI</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Adjustment</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restatement</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="vertical-align: bottom; width: 73.93px; margin-top: 0px; border-bottom: #000000 1px solid"><p style="text-align: center; margin: 0px; font-size: 8pt"><b>Restated</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Balance</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Three Months</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>Ended</b></p>
<p style="text-align: center; margin: 0px; font-size: 8pt"><b>3/31/2015</b></p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td></tr>
<tr><td style="vertical-align: top; margin-top: 0px"><p style="margin: 0px"><u>Revenue</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.86px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="vertical-align: top; width: 73.93px; margin-top: 0px"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Initial franchise fees</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">872,737</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(147,750</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">724,987</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">23,990</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">748,977</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Royalty Fees</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">740,811</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(20,178</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">720,633</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(23,990</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">696,643</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"><u>Expenses</u></p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Franchise consulting & commissions- related parties</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">122,655</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">122,655</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(3,100</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">119,555</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Franchise consulting & commissions-other</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">188,732</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(66,777</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">121,955</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">3,099</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">125,054</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Salaries and payroll taxes</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">293,886</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">293,886</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(3,481</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">290,405</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Advertising</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">250,067</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(46,153</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">203,914</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">8,250</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">212,164</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Professional fees</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">131,352</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">131,352</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(728</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">130,624</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other general and administrative expenses</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">207,371</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(12,652</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">194,719</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">5,293</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">200,012</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Interest income (expense)</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">3,870</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(236</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">3,634</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">(1,400</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px">2,234</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Other income (expense)</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(2,747</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(2,747</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">2,010</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">(737</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Provision for income taxes</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">85,500</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">85,500</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">(15,724</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px">)</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid"><p style="text-align: right; margin: 0px">69,776</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Net income</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">138,239</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">—</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">138,239</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">7,003</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">145,242</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px; padding-left: 8px; text-indent: -8px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #CCFFCC"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #CCFFCC"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="vertical-align: top; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px; padding-left: 8px; text-indent: -8px">Total earnings per share - basic & diluted</p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.66px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px">$</p>
</td><td style="vertical-align: bottom; width: 67.2px; margin-top: 0px; background-color: #FFFFFF"><p style="text-align: right; margin: 0px">0.01</p>
</td><td style="vertical-align: bottom; width: 6.73px; margin-top: 0px; background-color: #FFFFFF"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="margin: 0px"></p>
<p style="margin: 0px"><b>(6) Discontinued Operations</b></p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">In September 2015, management committed to a plan to sell the CI
concept because it was not a strategic fit with the Company’s existing BFK franchise brand.</p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">The Company executed a purchase and sale agreement on December 9, 2015. The sale included substantially all of the assets of the CI business, which were sold on an “as is where is” basis, with no Company representations or warranties surviving the consummation of the sale. The purchase price for the assets was $24,750 and consisted of the transfer to the Company of 50,000 shares of the Company’s common stock, valued at $16,500 that had been held by the purchaser, reversal of an accrual to issue 25,000 shares of the Company’s common stock valued at $8,250 and the assumption of certain liabilities related to the acquired assets.</p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">For the fiscal year ended September 30, 2015, loss on assets held for sale of approximately $28,000 was recorded, representing the difference between the carrying value and fair value of the sold assets and liabilities. In addition, other CI assets, not included in the sale, were determined to be of no continuing value and were written-off at September 30, 2015.</p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">The following table lists the assets held for sale and liabilities held for sale of CI at September 30, 2015 and the operating loss on the assets held for sale.</p>
<p style="margin: 0px"><br /></p>
<table cellpadding="0" cellspacing="0" style="margin-top: 0px; font-size: 10pt; width: 100%"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="margin-top: 0px; vertical-align: top"><p style="margin: 0px; padding: 0px"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="margin-top: 0px; vertical-align: top; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>As of</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top"><p style="margin: 0px; font-size: 8pt"><b>CI Franchise Company LLC</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>09/30/15</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="margin-top: 0px; vertical-align: top"><p style="margin: 0px">Assets of discontinued operations</p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="margin-top: 0px; vertical-align: top; width: 73.93px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Cash</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">24,032</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Accounts receivable</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">16,667</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Notes receivable</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">16,500</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 40px; text-indent: -8px">Total Assets of discontinued operations</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">57,199</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px">Liabilities of discontinued operations</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Accounts payable</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">9,016</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 40px; text-indent: -8px">Total Liabilities of discontinued operations</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">9,016</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="margin: 0px"><br /></p>
<table cellpadding="0" cellspacing="0" style="margin-top: 0px; font-size: 10pt; width: 100%"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="margin-top: 0px; vertical-align: top"><p style="margin: 0px; padding: 0px"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px"> </p></td><td colspan="6" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 161.33px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>Three months ended</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="6" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 161.33px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>Six months ended</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td></tr>
<tr><td style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top"><p style="margin: 0px; font-size: 8pt"><b>Operating Loss on discontinued operations</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>3/31/2016</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>3/31/2015</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>3/31/2016</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>3/31/2015</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Revenue</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(45</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">168,067</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(6,016</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">252,941</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Advertising and promotion</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(46,153</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(7,635</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(62,287</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Bad debt</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(18,118</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(24,118</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Commissions and consulting</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(66,776</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(121,898</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Franchisee expense</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(4,578</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(19,925</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Professional fees</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(263</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Office expense</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(2,297</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(4,451</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Depreciation expense</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(883</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(1,767</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">General and administrative expenses</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(289</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(12,555</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">1,430</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(20,069</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 40px; text-indent: -8px">Operating (loss) income on discontinued operations</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(335</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">16,707</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(12,221</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(1,837</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
</table>
<table cellpadding="0" cellspacing="0" style="margin-top: 0px; font-size: 10pt; width: 100%"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="margin-top: 0px; vertical-align: top"><p style="margin: 0px; padding: 0px"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="margin-top: 0px; vertical-align: top; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>As of</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top"><p style="margin: 0px; font-size: 8pt"><b>CI Franchise Company LLC</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>09/30/15</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; font-size: 8pt"><b> </b></p>
</td></tr>
<tr><td style="margin-top: 0px; vertical-align: top"><p style="margin: 0px">Assets of discontinued operations</p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td colspan="2" style="margin-top: 0px; vertical-align: top; width: 73.93px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Cash</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">24,032</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Accounts receivable</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">16,667</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Notes receivable</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">16,500</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 40px; text-indent: -8px">Total Assets of discontinued operations</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">57,199</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px">Liabilities of discontinued operations</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Accounts payable</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">9,016</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 40px; text-indent: -8px">Total Liabilities of discontinued operations</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">$</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">9,016</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
</table>
<p style="margin: 0px"><br /></p>
<table cellpadding="0" cellspacing="0" style="margin-top: 0px; font-size: 10pt; width: 100%"><tr style="height: 0px; font-size: 0"><td /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 6.73px" /><td style="width: 67.2px" /><td style="width: 6.73px" /></tr>
<tr><td style="margin-top: 0px; vertical-align: top"><p style="margin: 0px; padding: 0px"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px"> </p></td><td colspan="6" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 161.33px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>Three months ended</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="6" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 161.33px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>Six months ended</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td></tr>
<tr><td style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top"><p style="margin: 0px; font-size: 8pt"><b>Operating Loss on discontinued operations</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>3/31/2016</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>3/31/2015</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>3/31/2016</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td><td colspan="2" style="margin-top: 0px; border-bottom: #000000 1px solid; vertical-align: top; width: 73.93px"><p style="margin: 0px; font-size: 8pt; text-align: center"><b>3/31/2015</b></p>
</td><td style="margin-top: 0px; vertical-align: bottom; width: 6.73px"><p style="margin: 0px; padding: 0px; font-size: 8pt"> </p></td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Revenue</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(45</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">168,067</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(6,016</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">252,941</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Advertising and promotion</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(46,153</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(7,635</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(62,287</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Bad debt</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(18,118</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(24,118</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Commissions and consulting</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(66,776</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(121,898</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Franchisee expense</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(4,578</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(19,925</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Professional fees</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(263</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Office expense</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(2,297</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(4,451</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">Depreciation expense</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(883</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">—</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(1,767</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: top"><p style="margin: 0px; padding-left: 24px; text-indent: -8px">General and administrative expenses</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(289</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(12,555</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">1,430</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #000000 1px solid; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(20,069</p>
</td><td style="margin-top: 0px; background-color: #CCFFCC; border-bottom: #FFFFFF 1px solid; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
<tr><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: top"><p style="margin: 0px; padding-left: 40px; text-indent: -8px">Operating (loss) income on discontinued operations</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(335</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">16,707</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(12,221</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px"> </p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #000000 3px double; vertical-align: bottom; width: 67.2px"><p style="margin: 0px; text-align: right">(1,837</p>
</td><td style="margin-top: 0px; background-color: #FFFFFF; border-bottom: #FFFFFF 3px double; vertical-align: bottom; width: 6.73px"><p style="margin: 0px">)</p>
</td></tr>
</table>
<p style="margin: 0px"></p>
<p style="margin: 0px; text-align: justify"><b>(8) Commitments and Contingencies</b></p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px; text-align: justify"><b><i>Lease Commitments</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">The Company entered into a commercial lease with Village Square
at Palencia in July 2014, to lease unit 103B, Office Space 2, located at 701 Market Street, St. Augustine, Florida. On January
28, 2016, the Company provided a 60-day notice of termination for this lease that was accepted by the landlord. The fees and penalty
for early termination was $2,000. The Company was required to vacate the suite by March 31, 2016. </p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">Rent expense was approximately $18,000 and $17,000, respectively, for the six months ended March 31, 2016 and 2015.</p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">Included in the rent expense for the six months ended March 31, 2016, was $11,130 for a facility under lease by a related party (see Note 2).</p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px"><b><i>Litigation</i></b></p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">From time to time, the Company has been and may become involved in legal proceedings arising in the ordinary course of its business. Regardless of the outcome, litigation can have an adverse impact on the Company because of defense and settlement costs, diversion of management resources, and other factors.</p>
<p style="margin: 0px; text-align: justify"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">The Company was involved in arbitration with Sew Fun, LLC (SFLLC), from which the Company previously purchased intellectual property to establish a new sewing franchise concept. In 2015 the Company and SFLLC entered into a settlement agreement which provided for a payment of $106,000 in stock (which was granted in 2014) and $85,000 in cash (which was accrued in 2015 and paid subsequent to year end) as well as agreements on trademarks and license usage. The prior owner of SFLLC has a suit outstanding with a claim for an additional $42,000, which the Company is contesting. The Court denied the Company’s Motion to Dismiss and both sides have filed for summary judgment, each of which the Court has denied. No amount has been accrued for this additional claim.</p>
<p style="margin: 0px; text-align: justify"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">In February 2015, the Company was sued for defamation by a former officer of the Company in relation to the Company’s statements in an SEC Form 8-K filing that the employee had been terminated. The pertinent 8-K filing occurred prior to the ascension to the Board any of the company’s current directors. The former officer alleged that the claimed misstatement in the SEC filing was false, was maliciously designed to injure the plaintiff in retribution for his having reported problems and pressed for changes at the company, and injured the reputation of the individual. The former officer seeks lost wages and income, compensatory damages, other damages and requests that a replacement Form 8-K be filed. The case is in the discovery phase. The company is in settlement negotiations with the plaintiff.</p>
<p style="margin: 0px; text-align: justify"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">On October 2, 2015, the Company filed suit against its former Chief Executive Officer Brian Pappas, Christine Pappas, its former Human Resources officer, and an independent company controlled by Mr. Pappas named Franchise Ventures. The lawsuit seeks return of company emails and other electronic materials in the possession of the defendants, company control over the process by which the company’s documents are identified and a court judgment that the property is the Company’s. Mr. and Mrs. Pappas have returned certain company documents that they have identified, but other issues remain.</p>
<p style="margin: 0px; text-align: justify"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">In April, 2015, the United States Securities & Exchange Commission
(“SEC”) issued a subpoena to Creative Learning Corporation seeking a variety of documents. The documents sought include
without limitation materials regarding Brian Pappas, certain members of Mr. Pappas’ family, other company employees, board
members and third-parties, company books and accounting procedures as well as other material regarding company affairs. In or
about that time, it came to the attention of the Company that the SEC had initiated an investigation into possible violations
of the securities laws by the Company and/or its officers, directors and/or others as of at least January 14, 2014. In late April
2015, the Company’s Board elected two new independent directors, and created an Audit Committee, which included the two new
directors. In addition, in July 2015, the Board removed Brian Pappas as Chief Executive Officer. The Company has taken a number
of steps to address compliance issues regarding its books and records. The Company is fully cooperating with the staff of the
SEC in this matter.</p>
<p style="margin: 0px"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">On March 7, 2016, Franchise Ventures (“FV”), a company operated by Brian Pappas, filed suit in state court in St. Johns County, Florida against the Company and its affiliate BFK Franchise Company, LLC (collectively “the Company”) alleging breach of contract and seeking a declaratory judgment. The complaint does not state an amount of damages. FV claims that the Company has an ongoing contractual obligation to pay FV compensation in the form of commissions and other payments per the original LLC operating agreement under which BFK LLC was formed (“BFK Operating Agreement”). FV acknowledges that the Company terminated the LLC operating agreement and stopped paying FV in October 2015. FV’s complaint seeks recovery of compensation allegedly due after the termination date. Although the complaint is unclear, it appears to allege that the Company has no right ever to terminate the operating agreement. The Company contends that neither FV nor Mr. Pappas had any continuing right to franchise sales commissions under the BKF LLC operating agreement after FV ceased serving as managing member of BFK LLC when the Company acquired it. The Company further contends that: (a) the terms of the BFK Operating Agreement clearly provide that FV was owed compensation strictly for providing BFK LLC services as its managing member; (b) FV’s term as managing member of BFK LLC ended when CLC acquired it and CLC supplanted FV as the sole managing member of BFK LLC; and (c) in any event, under the terms of the BFK Operative Agreement, CLC had the full right to terminate the BKF LLC operating agreement on October 1, 2015, thereby eviscerating any conceivable legal rights FV might assert under that agreement thereafter. The Company contends that neither FV nor Mr. Pappas had any continuing right to franchise sales commissions under the BKF LLC operating agreement after FV ceased serving as managing member of BFK LLC when the Company acquired it on July 2, 2010. On October 27, 2016, plaintiff FranVentures filed a motion seeking leave to amend its complaint to add a claim alleging that the Company had entered into an oral contract or one implied by the parties’ conduct. The amended complaint does not address the Company’s position that even if a contract had been in place it had been terminated. The Court denied the Company’s motion to dismiss FV’s complaint, and discovery continues. The Company intends to vigorously litigate FranVentures’ complaint against the company.</p>
<p style="margin: 0px; text-align: justify"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">On June 23, 2016, the Company filed a counterclaim against its FV, which also included a complaint against former Chairman of the Board and Chief Executive Officer Brian Pappas and also named Christine Pappas as a defendant. The counterclaim and complaint seeks redress for losses and expenditures caused by alleged fraud, conversion of company assets, and breaches of fiduciary duty that the Company alleges that defendants perpetrated upon CLC, including assertions regarding actions by Brian Pappas that the Company alleges occurred while Pappas serving as the Chief Executive Officer of CLC and a member of its board of directors.  The counterclaim and/or complaint alleges the following:</p>
<p style="margin: 0px"><br /></p>
<p style="margin-top: 0px; margin-bottom: -2px; text-indent: 48px; width: 80px; float: left">a.</p>
<p style="margin: 0px; padding-left: 80px; text-indent: -2px; text-align: justify"><u>First</u>, Pappas defrauded CLC, converted company assets and breached his fiduciary duty of loyalty by causing CLC to pay his company, FranVentures, more than $1,000,000 by falsely asserting that the funds were due under a contractual provision that Pappas knew had expired when CLC acquired BFK Franchise Company, LLC (“BFK”). After CLC stopped payments to FV in October 2015, Pappas sued CLC, claiming that CLC had to pay FV under that contract <i>in perpetuity</i> – that is, Pappas took the position that CLC <i>never</i> could stop paying his company – even though he knew that there was no legal basis for his claims.</p>
<p style="margin-top: 0px; margin-bottom: -2px; text-indent: 48px; width: 80px; clear: left; float: left">b.</p>
<p style="margin: 0px; padding-left: 80px; text-indent: -2px; text-align: justify"><u>Second</u>, to conceal the foregoing fraud scheme, Pappas made and caused to be made material false statements and material omissions regarding the transaction to CLC independent directors as well as in CLC’s filings with the U.S. Securities and Exchange Commission (the “SEC”).</p>
<p style="margin-top: 0px; margin-bottom: -2px; text-indent: 48px; width: 80px; clear: left; float: left">c.</p>
<p style="margin: 0px; padding-left: 80px; text-indent: -2px; text-align: justify"><u>Third</u>, Pappas breached his fiduciary duty of loyalty to CLC by repeatedly engaging in self-dealing and causing CLC to enter into several transactions with, and to make payments to or on behalf of, several members of his family, including his wife and brother, which transactions and payments were not disclosed to or approved by CLC’s board of directors and were not in the best interests of the Company and its shareholders.</p>
<p style="margin-top: 0px; margin-bottom: -2px; text-indent: 80px; width: 112px; clear: left; float: left">i.</p>
<p style="margin: 0px; padding-left: 112px; text-indent: -2px; text-align: justify">In particular, Pappas breached his fiduciary
duty of loyalty by causing CLC to engage in repeated financial transactions with brother, Jeff Pappas including: (i) causing CLC
to pay Jeff Pappas and/or his company approximately $560,000 in commissions and retainer payments from in or about 2010 to in
or about 2015 including for handling CLC franchise sales, knowing or having reason to know that Jeff Pappas would and did do so
in a reckless manner that exposed CLC to regulatory risk, liability, financial loss and reputational damage; and (ii) causing
CLC to provide various financial benefits to Jeff Pappas to the financial detriment of CLC, including causing CLC to make loans
and extensions of credit to Jeff Pappas and his company totaling approximately $40,000 in or about 2011-12 and thereafter causing
CLC to write-off these loans and credit extensions as bad debt prior to their due date, notwithstanding that Pappas was during
the same time causing CLC to pay retainer and commission payments to Jeff Pappas and his companies of at least $89,000. Pappas
intentionally paid his brother these sums instead of setting off Jeff Pappas’ debt against the commissions and retainers
purportedly owed to him. </p>
<p style="margin: 0px"><br /></p>
<p style="margin-top: 0px; margin-bottom: -2px; text-indent: 80px; width: 112px; float: left">ii.</p>
<p style="margin: 0px; padding-left: 112px; text-indent: -2px; text-align: justify">Pappas also breached his fiduciary duty of loyalty by causing CLC to pay at least $95,000 in charges incurred by Pappas and his wife, Christine Pappas, on a CLC American Express credit card from in or about 2013 to in or about July 2015 without maintaining at the time, and thereafter in 2016 refusing to provide, proper and adequate business records and documentation for those expenditures. As a result, CLC is unable to verify that these expenditures were incurred for a proper business purpose and cannot deduct these payments as business expenses.</p>
<p style="margin-top: 0px; margin-bottom: -2px; text-indent: 48px; width: 80px; clear: left; float: left">d.</p>
<p style="margin: 0px; padding-left: 80px; text-indent: -2px; text-align: justify"><u>Fourth</u>, Pappas breached his fiduciary duty of loyalty to CLC by causing CLC to expend hundreds of thousands of dollars to respond to an investigation of Pappas and the Company the SEC initiated in early 2015 while Pappas was CLC’s CEO and Chairman of the Board as a result of Pappas’ misconduct detailed above, including CLC’s transactions with and payments to FV and Pappas’ family members, public disclosures relating to these transactions that Pappas caused the Company to make, inadequate internal corporate and financial controls, and other issues.</p>
<p style="margin-top: 0px; margin-bottom: -2px; text-indent: 48px; width: 80px; clear: left; float: left">e.</p>
<p style="margin: 0px; padding-left: 80px; text-indent: -2px; text-align: justify"><u>Fifth</u>, Pappas breached his fiduciary duty of loyalty to CLC by causing CLC liability for restitution and rescission payments, as well as state penalties and costs, in connection with an investigation conducted by the State of Virginia, alleging that Pappas committed fraud in relation to sales of Challenge Island franchises in Virginia, and that he thereafter caused an attempt to cover-up this fraud by taking further illegal actions. CLC has since divested itself of Challenge Island.</p>
<p style="margin-top: 0px; margin-bottom: -2px; text-indent: 48px; width: 80px; clear: left; float: left">f.</p>
<p style="margin: 0px; padding-left: 80px; text-indent: -2px; text-align: justify"><u>Sixth</u>, Pappas breached his fiduciary duty of loyalty to CLC by failing to implement adequate internal financial and corporate controls, thereby concealing his other misconduct and permitting Pappas to control and dominate CLC, misappropriate the Company’s assets, and repeatedly engage in fraud and self-dealing to the detriment of the Company and its shareholders.</p>
<p style="margin-top: 0px; margin-bottom: -2px; text-indent: 48px; width: 80px; clear: left; float: left">g.</p>
<p style="margin: 0px; padding-left: 80px; text-indent: -2px; text-align: justify"><u>Seventh</u>, Pappas’ misconduct described above was a material cause of the substantial delay and difficulty of the Company’s independent auditors in performing the audit of the Company’s financial statements for the 2015 fiscal year, which required the Company to suspend its domestic franchise sales on February 1, 2016 continuing until the date of this Complaint, causing financial loss to the Company.</p>
<p style="margin: 0px; clear: left"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">On October 27, 2016, Brian Pappas filed a motion to amend the complaint to add a claim alleging that the Company slandered him by virtue of a press release issued on or about August 1, 2016, in which the Company reported to shareholders on steps it had taken and improvements it had implemented. The Company intends to vigorously litigate this matter as well. </p>
<p style="margin: 0px; text-align: justify"><br /></p>
<p style="margin: 0px; text-indent: 48px; text-align: justify">On October 7, 2016, a franchisee filed a demand for arbitration against the Company’s affiliate BFK Franchise Company, LLC alleging that BFK had engaged in contract breaches and fraud in relation to numerous franchise agreements signed by Brian Pappas, Managing Director, or Dan O’Donnell, VP Operations between September 22, 2012 and November 1, 2015, with all but 1 of the agreements executed by or before March 2, 2015. The arbitration demand’s allegations include that misstatements and misrepresentations were made at or about the time of the purchase of the franchises. The complaint also assails other items such as the above-referenced SEC investigation, the Company’s settlements with the State of Virginia, Virginia’s “investigation and …settlement with Brian Pappas as a result of his conduct and actions during the time he served as Managing Director of BFK Franchise Co, and CEO of CLCN,” and self-dealing by corporate officers including commissions paid to officers upon sale of each new franchise.</p>
26357
-407433
64354
-734593
-596
54
5422
-4520
-1837
-335
16707
-12221
Brian Pappas is a director and former chief executive officer of the Company. Effective July 22, 2015, Mr. Pappas was no longer employed by the Company. Mr. Pappas is the Managing Director and a minority owner of FranVentures, LLC. FranVentures, LLC received a 5% commission on BFK franchise sales by the Company prior to April 8, 2015. The related party payable was $-0- at March 31, 2016 and September 30, 2015. Not included above are travel and expense charges for Mr. Pappas for the six months ending March 31, 2016 and 2015, respectively of approximately $-0- and $70. The wife of Mr. Pappas, Chris Pappas, was the human resources and payroll manager for the Company with compensation for the six months ending March 31, 2016 and 2015, respectively of approximately $-0- and $12,500. Effective August 6, 2015, Mrs. Pappas was no longer employed by the Company and did not receive compensation subsequent to her leaving employment with the Company. Not included above are expense reimbursements for Mrs. Pappas for the six months ending March 31, 2016 and 2015 of approximately $-0- and $2,000, respectively
MC Logic, LLC ("MC Logic") is 100% owned by Michelle Cote, who is the Company's President and Secretary and a former director and founder of the Company. Not included above are travel and expense reimbursements paid of approximately $-0- and $4300, respectively for the six months ending March 31, 2016 and 2015. The related party payable was $-0- at March 31, 2016 and 2015. During the quarter ended December 31, 2013, the Company made a non-interest bearing loan in the amount of $125,000 to MC Logic. Later in that same quarter, management determined that the loan could be deemed a violation of Section 13(k) of the Exchange Act and Section 402 of the Sarbanes-Oxley Act and immediately sought repayment in full of the loan. MC Logic promptly repaid the entire amount of the loan before the end of the fiscal quarter ended December 31, 2013. Subsequent to the end of fiscal year 2015, the Company has recorded a related party receivable of $7,500 which resulted from activities that occurred in 2016. The receivable is a net amount due resulting from pre-approved activities at an MC Logic Sew Fun Franchise location, which involved using the space for initial evaluation of a potential new franchise concept and for the Company's use of the location to consider taking the Sew Fun franchise as a company store. During this time, MC Logic had been reimbursed for expended funds and had tendered to the Company certain revenues. The Company later changed strategy, resulting in the reversal of reimbursements to MC Logic and the return of revenues to MC Logic. The net result was $10,217.73 due from MC Logic. MC Logic paid the balance in June of 2016. In addition, the Company has entered into an arrangement with MC Logic under which MC Logic has agreed to pay the standard Sew Fun Studios monthly royalty fee due for this territory effective June 1, 2016, and MC Logic is current on those payments as of September of 2016.
Leap Ahead Learning Company is 100% owned by Dan O'Donnell, who was a director and the Chief Operating Officer of the Company until his resignation on April 6 2016. Until April 15, 2015, the Company had paid Leap Ahead Learning $5,000 per month for consulting services except in November of 2014 when Leap Ahead Learning was paid $8,000. These services were provided through Mr. O'Donnell. Not included above are travel and expense reimbursements paid of approximately $4,000 and $23,000, respectively for the six month periods ended March 31, 2016 and 2015. The related party payable was approximately $1,000 and $-0-, respectively at March 31, 2016 and 2015.
Bottom Line Group is owned by Jeff Pappas, a brother to Brian Pappas. The Business Consulting and Development Agreement between Bottom Line Group and the Company was terminated on September 25, 2015. Bottom Line Group served as one of the Company's brokers in the sale of franchises. Payments to Bottom Line Group include commissions and consulting fees reflected in the table above. Not included above are travel and expense reimbursements paid of approximately $-0- and $5,000, respectively for the six months ended March 31, 2016 and 2015. The related party payable was approximately $-0- and $-0-, respectively at March 31, 2016 and 2015. Not included in the related party schedule above are payments made to Michael Pappas (son to Jeff Pappas). The Business Consulting and Development Agreement between Michael Pappas and the Company has been terminated effective September 26, 2015. Payments made to Michael Pappas in the six months ended March 31, 2016 and 2015 were approximately $-0- and $8,000, respectively.
J. Ball Group LLC is owned by Jeffery Ball, a son-in-law to Brian Pappas. The Independent Contractor Agreement between Jeffrey Ball and J Ball Group, LLC and the Company was terminated on September 30, 2015. The J Ball Group LLC served as one of the Company's brokers in the sale of franchises. Payments reflected in the table above include commissions and consulting fees. Not included above are travel and expense reimbursements paid of approximately $-0- and $3,000, respectively for the six months ended March 31, 2016 and 2015. There was no related party payable at March 31, 2016 or 2015. In January 2015, Jeffery Ball formed J. Ball Group LLC, which in these financial statements and disclosures have been presented as one business activity with amounts paid to either entity combined.