The Revenue Formula

:
The major benefit points of the ePC revenue system;

a - a cashless system, (credit cards only)
b - highly track able and online accountability,
c - No accounting required on behalf of locations or agents,
d - a collective cash flow system: ePC comptroller collects and apportions
e - Revenues based on user fees through the kiosks which are split and then referred to as residuals. (residuals are % of gross pre-determined by the role assumed each participant)

Given that the users pay with credit cards and not cash, there is no one required to go around to collect any strong-box cash. Therefore, since the kiosk network activity is highly track able and online as well, the system lends itself to a shared knowledge of gross revenues generated with no end of month ‘surprises’, since everyone knows how they are doing hour-by-hour,day-by-day.

Terms of Reference;

• ePC Comptroller:
The company ‘backend’ server mail processor & Admin service for locations and agents, owners alike. Processes revenue splits, sends out checks, wire transfers, etc.

• Agent:
The individual who locates new prime locations for kiosks. May or may not have an investment in kiosk units. Authorized to sell units to locations or other agents/owners.
Paid as independent through ePortSys, based on commission/residuals.

• Kiosk Owner:
An individual who invests to purchase kiosk units to place for themselves, in a given location. The individual who has ownership of a given kiosk in a given location.

• Location holder:
This is the site owner or manager for the premises on which the kiosk will reside.
Location holder may or may not be invested in the kiosks themselves at their own option

The General Revenue ‘Split’ Formula:
The following is a typical revenue split scenario:

Percentages: 20 / 10 / 50 / 20

ePC comptroller / Agent / owner / Location

* An owner can be: an agent, entrepreneur, or Location, or even ePort Systems, Inc.

The participants above share the associated percentages for each vend.
Discussed below are the various scenarios which may modify the sharing outcome for the participants