Inverworld, Inc., et al. - Page 147

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            Currency fund commissions                                                                     
                  Placement cost                 4,090,000 x 3.00%=              122,700                  
            FEIM fund commissions                                                                         
                  Placement cost                 5,872,000 x 3.00%=              176,160                  
            Currency transactions                       LTD’s revenues=          745,001                  
            Client incorporation and                                                                      
                  trust creation fees            LTD’s revenues=       169,263                            
                                                        Total             1,826,794                       
                                           TYE June 30, 1987                                              
            Certificates of deposit              106,468,000 x 0.50%=            532,340                  
            Cash & investment funds              17,284,000 x 0.50%=             86,420                   
            Treasury bills                       1,887,000 x 0.50%=              9,435                    
            Currency fund commissions                                                                     
                  Placement cost                 8,608,000 x 3.00%=              258,240                  
                  Management fee                 4,090,000 x 1.00%=              40,900                   
            FEIM fund commissions                                                                         
                  Placement cost                 2,152,000 x 3.00%=              64,560                   
                  Management fee                 5,872,000 x 1.00%=              58,720                   
            Inversat fund commissions                                                                     
                  Placement cost                 2,780,000 x 3.00%=              83,400                   
            TVA administration fees                     LTD's revenues=          15,000                   
            Currency transactions income                LTD’s revenues=          423,506                  
            Client incorporation and                                                                      
                  trust creation fees                   LTD’s revenues=          363,014                  
            Letters of credit fees                      LTD’s revenues=         6,866                     
                                                       Total       1,942,401                             
                                          TYE June 30, 1988                                               
            Certificates of deposit              152,671,000 x 0.50%=            763,355                  
            Cash & investment funds              99,590,000 x 0.50%=             497,950                  
            Currency fund commissions                                                                     



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Last modified: May 25, 2011