Cold Mountain Vineyard, Inc.
Operating Expenses
Years Ending December 31, 2001 To 2010																																				Year Ending			Year Ending			Year Ending			Year Ending			Year Ending			Year Ending			Year Ending
Start FY		#####	1	2	3	4	5	6	7	8	9	10	11	12	13		15			18	19	20	21		23			26	27	28	29		31			34			37			40			43			46			49			52
			Actual	Year Ending December 31, 2001																Year Ending December 31, 2002								Year Ending December 31, 2003								December 31,			December 31,			December 31,			December 31,			December 31,			December 31,			December 31,
			2000	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec		Total			Q1	Q2	Q3	Q4		Total			Q1	Q2	Q3	Q4		Total			2004			2005			2006			2007			2008			2009			2010
Sales & Marketing:
	Manager/Officer Salaries		$         91,800	$       3,958	$       3,958	$       3,958	$       3,958	$       3,958	$       3,958	$       3,958	$       3,958	$       3,958	$       3,958	$       3,958	$       3,958		$         47,500			$         11,875	$         11,875	$         11,875	$         11,875		$           47,500			$         11,875	$         11,875	$         11,875	$         11,875		$           47,500			$           47,500			$           47,500			$         47,500			$         47,500			$         47,500			$         47,500			$         47,500
	Sales Salaries (Hospitality)		25,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500		30,000			7,838	7,838	7,838	7,838		31,350			8,190	8,190	8,190	8,190		32,761			68,470			71,551			74,771			78,136			81,652			85,326			89,166
	Sales Salaries (General)		56,000	4,667	4,667	4,667	4,667	4,667	4,667	4,667	4,667	4,667	4,667	4,667	4,667		56,000			14,350	14,350	14,350	14,350		57,400			14,709	14,709	14,709	14,709		58,835			60,306			61,814			126,718			129,886			133,133			136,461			139,873
	Sales Commissions		10,701	1,180	1,180	1,096	1,011	1,096	1,533	2,107	2,191	1,517	1,433	1,264	119		15,728			4,902	5,120	8,249	5,640		23,911			6,472	6,661	10,493	7,169		30,795			33,310			37,841			44,334			46,968			50,165			53,967			57,957
	Payroll Taxes & Benefits		29,266	1,846	1,846	1,833	1,820	1,833	1,899	1,985	1,997	1,896	1,884	1,858	1,687		22,384			5,845	5,877	6,347	5,955		24,024			6,187	6,215	6,790	6,291		25,484			31,438			32,806			43,998			45,373			46,867			48,488			50,174
	Total salaries & benefits		213,267	14,151	14,151	14,054	13,957	14,054	14,557	15,217	15,314	14,539	14,442	14,248	12,930		171,612			44,809	45,059	48,658	45,658		184,185			47,432	47,651	52,057	48,234		195,374			241,024			251,511			337,321			347,863			359,316			371,743			384,670
	Advertising		$           6,790	683	683	683	683	683	683	683	683	683	683	683	683		8,200			2,210	2,210	2,210	2,210		8,840			2,434	2,434	2,434	2,434		9,734			10,686			11,699			12,167			12,653			13,159			13,686			14,233
	Computer Web Page		7,601	443	443	411	379	411	575	790	822	569	537	474	45		5,898			1,970	2,075	3,316	1,605		8,966			2,537	2,673	4,270	2,068		11,548			12,491			14,190			16,625			17,613			18,812			20,238			21,734
	Consulting		3,920	500	500	500	500	500	500	500	500	500	500	500	500		6,000			1,575	1,575	1,575	1,575		6,300			1,654	1,654	1,654	1,654		6,615			6,946			7,293			7,658			8,041			8,443			8,865			9,308
	Credit Card Fees		16,548	703	703	653	603	653	919	1,255	1,305	904	854	753	60		9,365			2,938	3,081	4,944	3,368		14,330			3,894	4,032	6,347	4,321		18,595			20,158			22,535			25,410			27,119			29,163			31,576			34,136
	Delivery Costs (non-reimbursed)		3,165	78	78	73	67	73	102	139	145	100	95	84	7		1,041			326	342	549	374		1,592			433	448	705	480		2,066			2,240			2,504			2,823			3,013			3,240			3,508			3,793
	Entertainment & Promotion		3,886	200	200	400	400	400	400	400	400	200	200	200	600		4,000			840	1,260	1,050	1,050		4,200			882	1,323	1,103	1,103		4,410			4,631			4,862			5,105			5,360			5,628			5,910			6,205
	Newsletter		20,562	-	6,600	-	-	6,600	-	-	-	6,800	-	-	-		20,000			6,600	6,600	6,800	-		20,000			6,600	6,600	6,800	-		20,000			20,000			20,000			20,000			20,000			20,000			20,000			20,000
	Postage and Direct Mail		4,003	219	219	203	187	203	284	390	406	281	265	234	22		2,913			980	1,032	1,649	798		4,458			1,271	1,339	2,139	1,036		5,785			6,272			7,011			7,905			8,437			9,073			9,824			10,620
	Sales Collateral		3,201	417	417	417	417	417	417	417	417	417	417	417	417		5,000			1,281	1,281	1,281	1,281		5,125			1,313	1,313	1,313	1,313		5,253			5,384			5,519			5,657			5,798			5,943			6,092			6,244
	Telephone		9,848	500	500	500	500	500	500	500	500	500	500	500	500		6,000			2,394	2,394	2,394	2,394		9,578			3,238	3,238	3,238	3,238		12,952			14,710			17,547			21,585			24,011			26,928			30,418			34,300
	Travel		6,415	2,250	1,950	1,950	-	-	-	1,950	1,950	1,950	1,500	-	1,500		15,000			6,273	-	5,967	3,060		15,300			6,398	-	6,086	3,121		15,606			15,918			16,236			16,561			16,892			17,230			17,575			17,926
	Wine Samples		7,343	312	312	290	268	290	409	558	580	402	379	335	27		4,162			1,306	1,369	2,197	1,497		6,369			1,731	1,792	2,821	1,921		8,264			8,959			10,016			11,293			12,053			12,961			14,034			15,172
	Other		5,100	75	75	70	64	70	97	134	139	96	91	80	8		1,000			231	243	388	188		1,050			242	255	408	197		1,103			1,158			1,216			1,276			1,340			1,407			1,477			1,551
	Total Sales & Marketing		$       311,649	20,530	26,830	20,203	18,025	24,853	19,443	22,934	23,162	27,941	20,463	18,508	17,298		260,191			73,733	68,522	82,979	65,059		290,293			80,059	74,752	91,374	71,119		317,305			370,578			392,139			491,388			510,194			531,304			554,945			579,893
General & Administrative
	Manager/Officer Salaries		$                  -	$       4,167	$       4,167	$       4,167	$       4,167	$       4,167	$       4,167	$       4,167	$       4,167	$       4,167	$       4,167	$       4,167	$       4,167		$         50,000			$         13,125	$         13,125	$         13,125	$         13,125		$           52,500			$         13,781	$         13,781	$         13,781	$         13,781		$           55,125			57,881			60,775			63,814			67,005			70,355			73,873			77,566
	Supervision		40,000	-	-	-	-	-	-	-	-	-	-	-	-		-			-	-	-	-		-			-	-	-	-		-			-			54,698			57,433			60,304			63,320			66,485			69,810
	Assistants		24,000	2,083	2,083	2,083	2,083	2,083	2,083	2,083	2,083	2,083	2,083	2,083	2,083		25,000			6,563	6,563	6,563	6,563		26,250			6,891	6,891	6,891	6,891		27,563			28,941			30,388			31,907			67,005			70,355			73,873			77,566
	Payroll Taxes & Benefits		9,200	938	938	938	938	938	938	938	938	938	938	938	938		11,250			2,953	2,953	2,953	2,953		11,813			3,101	3,101	3,101	3,101		12,403			13,023			21,879			22,973			29,147			30,604			32,135			33,741
	Total salaries & benefits		73,200	7,188	7,188	7,188	7,188	7,188	7,188	7,188	7,188	7,188	7,188	7,188	7,188		86,250			22,641	22,641	22,641	22,641		90,563			23,773	23,773	23,773	23,773		95,091			99,845			167,740			176,127			223,461			234,634			246,366			258,684
	Accounting Fees		8,731	-	-	7,500	-	-	3,750	-	3,750	-	-	-	-		15,000			7,875	3,938	3,938	-		15,750			8,269	4,134	4,134	-		16,538			17,364			18,233			19,144			20,101			21,107			22,162			23,270
	Auto Expenses		1,195	71	71	66	61	66	92	126	131	91	86	76	7		944			315	332	531	257		1,435			406	428	683	331		1,848			1,999			2,270			2,660			2,818			3,010			3,238			3,477
	Building Repair & Maintenance		3,033	500	500	500	500	500	500	500	500	500	500	500	500		6,000			901	901	901	901		3,605			928	928	928	928		3,713			3,825			3,939			-			-			-			-			-