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07 | 12/31/2008 | 12/31/2009 | Revenue | - | 74,250,000 | 50,490,000 | 28,215,000 | 23,760,000 | 23,760,000 | 23,760,000 | | | | | | | | | 2) | Year 2004 | Year 2005 and onwards | | | | | Cost of Goods sold | 60% | 54% | | | | | | Operating Expenses | 24% | 26% | | | | | | | | | | | | | | Year | 12/31/2003 | 12/31/2004 | 12/31/2005 | 12/31/2006 | 12/31/2007 | 12/31/2008 | 12/31/2009 | Cost of Goods Sold | - | 44,550,000 | 50,519,700 | 65,755,800 | 70,567,200 | 70,567,200 | 70,567,200 | Operating Expenses | - | 17,820,000 | 24,324,300 | 31,660,200 | 33,976,800 | 33,976,800 | 33,976,800 | | | | | | | | | Cost of Goods sold | 60% | | | | | | | Operating Expenses | 24% | | | | | | | | | | | | | | | Year | 12/31/2003 | 12/31/2004 | 12/31/2005 | 12/31/2006 | 12/31/2007 | 12/31/2008 | 12/31/2009 | Cost of Goods Sold | - | 44,550,000 | 30,294,000 | 16,929,000 | 14,256,000 | 14,256,000 | 14,256,000 | Operating Expenses | - | 17,820,000 | 12,117,600 | 6,771,600 | 5,702,400 | 5,702,400 | 5,702,400 | Please note that the investment will bring fruits from year 2005 so for the

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