EX1A-15 ADD EXHB 11 ff1a2019ex1a15i_af2018np.htm OPERATING RESULTS OF PRIOR PROGRAMS.

Exhibit 1A-15.1

 

People First Fund, LLC
Profit and Loss
 
   2015   2016   2017 
Income            
Total Income            
Gross Profit  $-   $-   $- 
Expenses               
Bank Charges  $-   $-   $77.00 
Bank Service Charges  $-   $-   $295.00 
Consulting Expense  $-   $-   $1,000.00 
Loan Expenses  $-   $-   $- 
Loan Expense - Data  $-   $928.71   $1,468.50 
Loan Expense - Doc Services  $-   $9,923.80   $812.14 
Loan Expense - Legal Fees  $-   $4,309.25   $12,940.49 
Loan Expense - Loan Servicing  $-   $7,521.59   $6,073.99 
Loan Expense - Prop Management  $-   $1,218.15   $- 
Postage  $-   $-   $141.42 
Total Loan Expenses  $-   $23,901.50   $21,436.54 
Management Fee  $12,345.95   $-   $- 
Office Expense  $-   $3.00   $- 
Postage and Delivery  $-   $1,934.05   $- 
Professional Fees  $-   $-   $- 
Accounting Fees  $-   $800.00   $1,750.00 
Legal Fees  $-   $-   $237.44 
Total Professional Fees  $-   $800.00   $1,987.44 
Reconciliation Discrepancies  $-   $-   $- 
Regulatory Expenses  $-   $-   $542.03 
Total Expenses  $12,345.95   $26,638.55   $25,338.01 
Net Operating Income  $(12,345.95)  $(26,638.55)  $(25,338.01)
Other Income               
Misc Income  $-   $-   $- 
Total Other Income  $-   $-   $- 
Net Other Income  $-   $-   $- 
Net Income  $(12,345.95)  $(26,638.55)  $(25,338.01)

 

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Automation Property Partners LLC
Profit and Loss
2014 - 2017
                 
   2014   2015   2016   2017 
Income                
Asset Recovery                
Borrower Payments  $-   $-   $-   $112.15 
Loan Sales  $-   $-   $-   $75,803.30 
Settlements  $-   $-   $-   $9,439.81 
Total Asset Recovery  $-   $-   $-   $85,355.26 
Total Income  $-   $-   $-   $85,355.26 
Gross Profit  $-   $-   $-   $85,355.26 
Expenses                    
Bank Service Charges  $210.37   $144.00   $138.00   $125.00 
Consulting Expense  $1,000.00   $-   $-   $1,000.00 
Loan Expenses  $-   $-   $-   $- 
Loan Expense - Data  $-   $-   $119.31   $528.93 
Loan Expense - Doc Services  $-   $-   $1,315.08   $- 
Loan Expense - Legal Fees  $-   $-   $635.00   $6,525.45 
Loan Expense - Loan Management  $149.00   $-   $-   $- 
Loan Expense - Loan Servicing  $-   $-   $2,100.86   $837.50 
Loan Expense - Prop Management  $-   $-   $42.44   $- 
Postage  $-   $-   $-   $10.23 
Total Loan Expenses  $149.00   $-   $4,212.69   $7,902.11 
Management Fee  $-   $1,319.90   $-   $- 
Meals and Entertainment  $-   $-   $-   $- 
Meals  $68.59   $-   $-   $- 
Total Meals and Entertainment  $68.59   $-   $-   $- 
Office Expense  $117.37   $-   $-   $- 
Postage and Delivery  $675.37   $590.48   $117.32   $- 
Professional Fees  $-   $-   $-   $- 
Accounting Fees  $-   $-   $1,800.00   $1,750.00 
Total Professional Fees  $-   $-   $1,800.00   $1,750.00 
Regulatory Expenses  $1,045.00   $-   $-   $2,108.03 
Utilities  $10.45   $-   $-   $- 
Total Expenses  $3,276.15   $2,054.38   $6,268.01   $12,885.14 
Net Operating Income  $(3,276.15)  $(2,054.38)  $(6,268.01)  $72,470.12 
Other Income                    
Misc Income   0.00    0.00    0.00    0.00 
Total Other Income  $0.00   $0.00   $0.00   $0.00 
Net Other Income  $0.00   $0.00   $0.00   $0.00 
Net Income  $(3,276.15)  $(2,054.38)  $(6,268.01)  $72,470.12 

 

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Panatte LLC

Profit and Loss

 

   2015   2016   2017 
             
Revenues            
Investment Income  $-   $-   $- 
                
Expenses               
General and Administrative Expenses  $300,160.00   $959,918.00   $906,449.00 
Interest Expense  $35,168.00   $1,030,322.00   $494,849.00 
Net Investment Loss  $(335,328.00)  $(1,990,240.00)  $(1,401,298.00)
Realized and unrealized gain (loss) on investments               
Realized gain  $-   $-   $1,682,042.00 
Net change in unrealized appreciation or (depreciation) on investments  $-   $2,962,372.00   $(22,467.00)
Net gain (loss) on investments  $(335,328.00)  $2,962,372.00   $1,659,575.00 
                
Net income (loss)  $(335,328.00)  $972,132.00   $258,277.00 

 

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