African Discovery Group Inc (AFDG)

[monda2frida]

earnings of .01/share:

EARN-A-CAR, INC.
(formerly Victoria Internet Services, Inc.)

STATEMENTS OF OPERATIONS (unaudited)
FOR THE THREE AND NINE MONTHS ENDED NOVEMBER 30, 2012 AND 2011

For the For the For the For the
three months three months nine months nine months
ended ended ended ended
November 30, November 30, November 30, November 30,
2012 2011 2012 2011
------------ ------------ ------------ ------------
Revenues
Vehicle rentals $ 1,049,340 $ 640,583 $ 2,802,702 $ 1,870,343
Other 2,076 1,979 5,464 8,579
------------ ------------ ------------ ------------
Total Revenues 1,051,416 642,562 2,808,166 1,878,922
------------ ------------ ------------ ------------
Expenses
Direct vehicle and operating 277,377 203,293 972,885 713,157
Vehicle depreciation and lease charges 284,613 155,913 665,290 452,466
Selling, general and administrative 142,857 107,486 355,374 306,011
Interest expense 85,411 58,587 185,847 136,199
------------ ------------ ------------ ------------
Total Expenses 790,258 525,279 2,179,296 1,607,833
------------ ------------ ------------ ------------
Operating Income 261,158 117,283 628,770 271,089
------------ ------------ ------------ ------------
Other Income (Expense)
Interest income 2,380 47 21,268 48
Gain / (loss) from asset disposal (6,056) 0 (5,209) 0
------------ ------------ ------------ ------------

Total other income (expense) (3,676) 47 16,059 48
------------ ------------ ------------ ------------
Net Income Before Provision for
Income Taxes 257,482 117,330 644,829 271,137

Provision for Income Taxes 0 0 0 0
------------ ------------ ------------ ------------

Net Income $ 257,482 $ 117,330 $ 644,829 $ 271,137
============ ============ ============ ============

Earnings per Share $ 0.00 $ 0.00 $ 0.01 $ 0.01
============ ============ ============ ============
Weighted Average Common Shares
Outstanding 112,250,000 44,951,923 112,250,000 18,003,000

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