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APPRAISAL EXHIBIT I
 

DISCOUNT RATE

BUILDUP METHOD

Risk-Free Rate of Return

5.00 %
Equity Risk Premium 7.10 %
Industry Risk Premium 1.10 %
Functional Obsolescence 6.30 %
   
Discount Rate 19.50 %
 

SBBI - IBBOTSON ASSOCIATES, INC. CHICAGO. DATA YEAR = 2006

INDUSTRY SIC 7374 - COMPUTER PROCESSING AND DATA PREPARATION

 
 

SUMMARY

Phone Card

$ 132297007
Gift Card $ 3449989387
Gift Card Processors $ 74999769
Bank Debit Cards $ 74809896
   
Total $ 3, 732, 096, 059
 

SHORT TERM GROWTH PREDICTIONS

RETAIL

New Car Dealers

4.70 %  

Used Car Dealers

18.50 %  

Recreational Vehicles

19.10 %  

Motorcycles

9.20 %  

Boat Dealers

19.10 %  

All Other Vehicles

17.90 %  

Automotive Parts & Accessories

21.10 % Potential Litigant

Tire Dealers

   

Furniture Stores

11.70 %  

Floor Covering Stores

16.90 %  

All Other Home Furnishing Stores

-7.90 % Potential Litigant

Household Appliance Store

-10.10 %  

Radio, TV & Electronics Stores

-16.00 %  

Computer & Software Stores

12.70 % Potential Litigant

Camera & Photo Supply Stores

-20.60 %  

Home Centers

12.50 % Potential Litigant

Paint & Wallpaper Supplies

22.90 % Potential Litigant

Hardware Stores

12.30 % Potential Litigant

Other Building Materials

   

Outdoor Power Equipment

   

Nursery, Garden & Farm Supply

-9.80 % Potential Litigant

Supermarkets, Grocery (Exc conv.)

5.20 % Potential Litigant

Convenience Stores

  Potential Litigant

Meat Markets

4.60 %  

Fruit & Vegetable Stores

7.10 %  

Confectionary & Nut Stores

34.90 % Potential Litigant

All Other Specialty Food Stores

-2.10 % Potential Litigant

Beer Wine & Liquor

7.40 %  

Pharmacies & Drug Stores

8.40 % Potential Litigant

Cosmetics, Beauty Sup, Perfume

-12.50 % Potential Litigant

Optical Goods Store

-27.00 %  

Gas Station w/convenience store

  Potential Litigant

Other Gas Stations

22.40 % Potential Litigant

Mens' Clothing

28.60 % Potential Litigant

Womens' Clothing

-1.20 % Potential Litigant

Family Clothing

-17.80 % Potential Litigant

Clothing Accessories

34.90 % Potential Litigant

Other Clothing Stores

18.40 % Potential Litigant

Shoe Stores

-0.90 % Potential Litigant

Jewelry Stores

13.00 %  

Sporting Goods

2.90 % Potential Litigant

Hobby, Toy, & Game Stores

9.40 % Potential Litigant

Musical Instrument Stores

11.80 %  

Book Stores

6.90 % Potential Litigant

Department Stores (Exc Discount)

3.60 % Potential Litigant

All Other General Mdse.

11.90 % Potential Litigant

Florists

32.10 %  

Office Supplies & Stationary Stores

1.70 % Potential Litigant

Gift, Novelty & Souvenir Stores

4.10 %  

Used Mdse Store

-1.50 %  

Mfg. Home (Mobile) Dealers

-2.00 %  

Tobacco Stores

-27.60 %  

All Other Misc. Retailers

18.40 %  

Electronic Shopping

   

Mail Order Houses

12.30 %  

Vending Machine Operators

-17.10 %  

Heating Oil Dealers

6.30 %  

Liquified Petroleum Gas Dealer

7.70 %  

Other Direct Selling

-15.40 %  

Hotels & Motels

-2.30 %  

Casino Hotels

   

RV Parks & Campgrounds

-8.00 %  

Recreational & Vacation Camps

0.80 %  

Full Service Restaurants

2.00 % Potential Litigant

Limited Service Restaurants

1.20 % Potential Litigant

Drinking Places

50.00 %  

ENTERTAINMENT

   

Theatre Co & Dinner Theatre

7.80 %  

Musical Groups & Artists

12.00 %  

Sports Teams & Clubs

9.80 %  

Racetracks

15.80 %  

Museums

-1.30 %  

Amusement & Theme Parks

5.60 %  

Amusement Arcades

9.50 %  

Golf Courses

7.30 %  

Marinas

-27.40 %  

Fitness & Recreational Centers

17.70 %  

Bowling Centers

36.90 %  

All Other Amusement & Rec, Fac.

7.10 %  

GENERAL SERVICES

   

General Auto Repair

24.60 % Potential Litigant

Auto Exhaust Systems

49.80 %  

Auto Body, Paint, & Interior R&M

-16.70 %  

Auto Glass Replacement Shops

10.40 %  

Car Washes

-1.30 %  

All Other Auto R&M

40.50 %  

Computer & Office Machine R&M

-1.00 %  

Other Electronic & Preceision Eq R&M

16.40 %  

Appliance R&M

24.40 %  

Beauty Salons

0.00 %  

Dry Cleaning & Laundry

-2.70 %  

Linen Supply

0.90 %  

Photo Finishing Labs

-6.40 %  

Parking Lots & Garages

1.70 %  

All Other Personal Services

-16.40 %  
 
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