Seaniemac International Ltd (fka BETS)

[Drugdoctor]

.<font color=red>NET PROFIT ESTIMATES for Q1 08 - based on previous expenses reported in the 10Q SEC filings..



administ. expenses -- $268,000
interest expense -- $45,000 for the Class B preferred shares
Investor relations -- $15,000
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Total expenses = $328,000

Now if COPI reports 1 million dollars in revenue, that will be 510,000 in GROSS PROFIT at 51% margins.

That would be 182,000 in NET PROFITS... Not a huge amount, but it would stop any cash burn and the need for any new financing...

Now, do the same for 1.5 million dollars in revenue...

and add 50% for admin. expenses... just for the fun of it, since we are adding 50% to revenues...even though I doubt admin. expenses will increase on the same scale, but they may need to hire new staff to deal with the expansion.

402,000 admn. expenses

45,000 class b preferred expense

15,000 IRG

Now we have expenses of 462,000.

With 1.5 million revenues x 51% gross margin = 765,000 GROSS PROFITS - subtract expenses of $462,000 and now we have NET PROFIT of $303,000 dollars for 1 quarter... or over $1,212,000 dollars in NET PROFITS per year at that rate!