Projections Summary

NSL has clearly outlined the future roadmap for the company in developing the NetAlter System to its full potential either on its own or with collaboration with development and business partners.

For this, it has set out a requirement of minimum of $10 million as initial funding for the development and marketing of the Beta version of the NetAlter Browser.

NSL plans to utilize this sum primarily in setting up capital infrastructure and setup of the development centre in Mumbai, India. A part of this sum will also be utilized for development, marketing and co-branding of existing products such as Matrimonial Hotline, Community Hotline, Friends and Family Connect.

The projections for the first three years of the project are outlined as follows:

First Year

Capital Expenditure: $3 million
Development and Establishment Expenditure: $ 3.56 million
Total Plan Outlay for First Year: $ 6.55 million

Note: Remaining $3.55 million out of $10 million to be utilized in same year or carried over second year.

Revenue for First Year: NIL

Second Year

Capital Expenditure: $9.87 million
Development and Establishment Expenditure: $ 18.69 million

Revenue for Second Year: $20.17 million

Third Year

Capital Expenditure: $8.83 million
Development and Establishment Expenditure: $ 140.26 million

Revenue for Third Year: $270

Note: The above figures are preliminary. For latest figures and updates on Projections and financial information, please contact Mr. Gurudatt Shenoy by email:(gurudatt.shenoy@netalter.com )

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