| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Tax preparation fees | 2,563 | 2,563 | ||
| Bookkeeping fees | 1,000 | 1,000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Magnolia Holding Company, LLC | 187,276 | 10,190 |
| Instawares Holding Co, LLC | 20,417 | 146,254 |
| Wave Investments QP, LP | 2,308,106 | 2,573,233 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land - Dry Creek Bham | 3,332,000 | 3,332,000 | 3,332,000 | |
| Land - Laredo | 104,000 | 104,000 | 104,000 | |
| Land - Motor-X | 84,960 | 84,960 | 84,960 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|
| Item No. | 1 |
|---|---|
| Lender's Name | Tonka Corp |
| Lender's Title | |
| Relationship to Insider | None |
| Original Amount of Loan | 1,082,000 |
| Balance Due | 528,692 |
| Date of Note | 2015-02 |
| Maturity Date | 2025-02 |
| Repayment Terms | 18 semi-annual pmts |
| Interest Rate | 0000000000.040000000000 |
| Security Provided by Borrower | Land |
| Purpose of Loan | Mortgage |
| Description of Lender Consideration | Mortgage |
| Consideration FMV | 1082000 |
| Item No. | 2 |
|---|---|
| Lender's Name | Hazelrig Alvin & Geardeldeen |
| Lender's Title | |
| Relationship to Insider | None |
| Original Amount of Loan | 500,000 |
| Balance Due | 249,588 |
| Date of Note | 2015-02 |
| Maturity Date | 2025-02 |
| Repayment Terms | 20 semi-annual pmts |
| Interest Rate | 0000000000.040000000000 |
| Security Provided by Borrower | Land |
| Purpose of Loan | Mortgage |
| Description of Lender Consideration | Mortgage |
| Consideration FMV | 500000 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| K-1 - Instawares Holding Co, LLC | 5,278 | 6,153 | |
| K-1 - Magnolia Holding Co, LLC | 11,860 | 15,836 | |
| K-1 - Wave Investments QP, LP | 120,973 | 142,691 |
| Description | Amount |
|---|---|
| PPA | 496 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Smartenclosure Systems Inc | None | 75,000 | 75,000 | 2013-10 | 2023-10 | Demand | 6.0000000000 % | business assets | Temp working capital | pledge of business assets | 75,000 |
| Smartenclosure Systems Inc | None | 75,000 | 75,000 | 2013-12 | 2023-12 | Demand | 6.0000000000 % | business assets | Temp working capital | pledge of business assets | 75,000 |
| Craig Calloway | None | 353,422 | 353,422 | 2015-10 | 2021-10 | Balloon | 6.0000000000 % | personal assets | personal loan | 1st priority security interest | 353,422 |
| Jonathan Clues | None | 400,000 | 2015-08 | 2021-08 | Balloon | 6.0000000000 % | personal assets | personal loan | 1st priority security interest | 400,000 | |
| Jim Oliva | None | 300,000 | 300,000 | 2019-04 | 2021-04 | Balloon | 6.0000000000 % | personal assets | personal loan | 1str priority security interest | 300,000 |
| Leap Credit LLC | None | 250,000 | 2020-08 | 2031-08 | Balloon | 15.0000000000 % | business assets | temp working capital | pledge of business assets | 250,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Tax on investment income | 1,326 | |||
| Property taxes | 5,305 | 5,305 |