EIB Test April 2008 | Page 157

951 231 8081 www.shotel.com 1359 Parkview Ave Manhattan Beach, CA 90266 USA Investment Distribution Gazi (55%) Jay (15%) Jaeahee (12%) Stella (10%) Lin (8%) Chase Bank of America Woody's venture investement Henry investment company 7% 4% 28% 15% 23% 8% 6% 4% 5% Startup Expenses Buildings/ Real Estate Purchase $ 34,800,000 Construction $ 71,600,000 Total Buildings and R / E $ 106,400,000 Capital Equipment List Furniture $ 105,000,000 Equipment $ 50,000,000 Fixtures $ 21,000,000 Machinery $ 10,000,000 Total Capital Equipment $ 186,000,000 Location and Admin Expense Utility Deposit $ 75,000 Legal and Accounting Fees $ 150,000 Prepaid Insurance $ 200,000 Pre-opening Salaries $ 450,000 Total Location and Admin Expenses $ 875,000 25