Aug 8th 2012, 20:00 AAS Advanced Avatar Solutions
by Stevie Cooperstone
AAS - FINANCIAL REPORT, JULY 2012
AAS has a hard working staff busy setting up the HUDs, servers, networks, offices, stores and training sessions for Fashion Network. Our sales staff is hiring the necessary help needed to finalize entries into the HUD Directory and are ready to launch those efforts within next few days. Only two weeks ago the Graves Bloodlines was revived and more intense work done to set up a total sales facility offering products tailored to the vampire game needs. This is laying the foundation for what is expected to be a strong source of income for AAS. Land was acquired and the Bloodlines Castle Store created and opened for business. This is also the location used to execute the service offered for auto-feed of vampire, werewolf as individuals or clan groups. (see previous forum explanation).It is expected that AAS will continue its growth pattern. The large expense explained above will decrease now that locations are acquired and necessary static products are acquired. There will be some continued expenses for products needed to run various services whereby profit is generated.
Income:
Sales/Bloodlines - $16, 273L
Expense:
Land Purchased - $1,500L
Advertising/AMF web - $1200
Salary - FAS - $10,000L
Rent - $4,536
Mainland tier - $6175
Products (bloodlines) - $14,296L
Total expenses - $37,707
Profit - -$21,434
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Loan from Galaxy Corporation (by Cindy Vichan)
Total to date $80,926L
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Also, a loan is outstanding which must be repaid in logical increments. A plan is being considered to request CapEx lift its ban on AAS applying for an SPO in order to repay that loan with few months operating capital. AAS, formerly GAP, was an almost defunct company when I became CEO. It has been worked very hard and pulled to what it is today, having a profit status and assests of value. The next step is to cross into full profit capability and into dividend status.
Stevie Cooperstone, CEO