Viratech Corp. (VIRA)

[J-Rhino]

NINAVEST: re: ATIN's budget (from 12/12/2005 shareholder letter)
So far the estimate we have from our first week's Box Office sales is approximately $58,552. This is fantastic, considering we were only in 27 theatres. In many cases we were the second highest opening movie at the locations we were in, next to "Aeon Flux." In fact, "Aeon Flux," which premiered on approximately 3000 screens, brought in only $13 million on its opening weekend. This big studio release cost $55 million to produce and at least another $50 million to market. This means they covered only a little over 10% of their cost opening weekend. Our movie only cost $150,000 to produce. Most of our advertising was on barter in exchange for our TV show "Autograph," with little out of pocket cost. What this means is that in only a week in theatres we recouped almost a third of our expenses. This still leaves DVD, foreign theatrical, TV, Cable, Internet and several other sources of income. Since we are distributing independently, we retain all of these rights. Many of our expenses in terms of advertising of the movie carry over across these other distribution methods. In short, we are on track for a very profitable first movie