Page 22 - EATS Case ( B)
P. 22

Appendix 1: Start-Up Expenses


                   EURO ADVANCED TECHNOLOGY SOLUTIONS




                   Sources of Capital
         Owners' Investment

         (name and percent                         $      15,000

         ownership)

         Litan Bhowmik

         DR. Andre Batako                                  5,000

         Other investor                                        -

         Other investor                                        -
         Total                                     $      20,000
         Investme
         nt


         Bank Loans
         Bank 1                                    $           -
         Bank                                                  2

         -                       Bank                          3

         -                       Bank                          4

         -

          Total Bank Loans                         $           -

         Other Loans
         Source 1                                  $           -
         Source 2                                              -

          Total Other Loans                        $           -


          Startup Expenses

         Buildings/Real Estate
         Purchase                                  $           -

         Construction

         -                                     Remodeling
   17   18   19   20   21   22   23   24   25   26   27