Pasadena, CA. – 24 October 2011: A Christian Crowd Funding website 1&700.com based in Los Angeles, California today announced it has launched the world’s first Christian based crowd funding website and looking for projects to fund. 1and700.com was created by Christians missionaries to reclaim the 7 mountains by using the innovation of crowd funding in the Christian Community.
Our community is filled with Godly people with great ideas that make a difference in the world we live. Making those faith based ideas a reality is not always easy and Christian crowd funding allows you to aspire to something bigger than yourself. The main reasons why faith-based projects never come to fruition is lack of funding and exposure, but with the love donation of the Christian community around the< world, anything is possible. 1and700.com helps you create a fundraising campaign for your idea or project fast and helps you getting the word out to the Christian community.

The first project for 1&700.com is “The Happiest People on Earth” A fast-paced, reality TV program “Life in the FGBMFI – The Happiest People on Earth” This is a show about Full Gospel Businessmen Fellowship International leader Richard Shakarian and international directors witnessing the life-changing story of Christian leaders in the marketplace. The TV program will witness Christian revival happening around the world through the lens of marketplace leaders, and giving the viewers a chance to respond through social media.

The show will have new reality TV approach that includes not only testimonies of marketplace leaders around the world, but taking it to the streets to talk with people and showing the real life of FGBMFI leader Richard Shakarian traveling around the world for the Gospel in the workplace.

They are seeking to raise $1,000,000 for production cost and worldwide distribution of the TV show and social media applications.

1&700.com presents a new online community and business model for funding Christian faith based projects. The site explains that backers support projects for two primary reasons:
rewards and stories.

About Manna Foundation

To help connect global Christian people and build heaven on this earth by leveraging on new technology. The Manna Foundation will foster love and defeat hatred by uniting all people of every races, cultures and religion.

When all the faith based people are connected and united, the foundation will advance God’s territory by affecting the seven spheres, or mountains of society that are the pillars of any society. These seven mountains are business, government, media, arts and entertainment, education, the family and religion.
The 7 Mountains

Manna Holding Inc. is a social game company founded by two technology serial entrepreneurs in 2011 and incubated by World Capital Market. One of the company’s iPhone games, ‘Get Me Out’ has reached over 1 million downloads and 2 million updates from Apple’s AppStore. It has reached over 5 million play times and ranked Top 10 Apps from many countries including China, US, Germany, Japan, Canada, UK.

Growth. WorldCapitalMarket actively seeks investment opportunities in those industries that stand to benefit from economic growth and Asia’s recovery, or in rapid-growth industries such as technology. As a strategic financial sponsor, WorldCapitalMarket is also a strong supporter of growth through acquisition. In this capacity, WorldCapitalMarket typically lends its own resources to assist its portfolio companies in analyzing, structuring and financing their merger and acquisition activities.

High Barrier of Entry and Competitive Advantage. WorldCapitalMarket invests in companies who enjoy sustainable competitive advantages–in the form of operational or marketing excellence, proprietary technology and know-how, existing economies of scale, etc.–and which either already are or have the potential to become regional or global leaders in their respective industries.

Globalization. It is our aim to help Asian companies achieve dominance in their industries. It is WorldCapitalMarket’s belief that Asia has all the necessary components–abundance of natural resources, large supply of low-cost labor, large working age populations, growing demand, surplus capacity, etc.–to build global leaders in certain industries.

Investing in People. We believe that the most important asset in any company is its people, and thus, we evaluate every opportunity as an investment in that company’s management team and human resources. Furthermore, recognizing that people need to be properly rewarded for their contributions to a company’s profitability and to the creation of shareholder value, WorldCapitalMarket pursues an incentive policy which includes equity participation for employees.

Unlocking Value. Recognizing that value is often hidden in companies, WorldCapitalMarket approaches every opportunity creatively and with an open mind in order to uncover hidden value in companies. We are thus very flexible regarding the types of transactions in which we participate, which include direct equity investments, management buyouts (MBOs), group restructurings, workouts/rehabilitations, spinoffs, leveraged buyouts (LBOs), and debt-to-equity conversions among others.

Key areas of project diligence include strength of management, financial track record, industry growth potential, public market valuations for the subject industry, and capital requirements. The firm has particular interest in companies using technology for a material peer group advantage. The firm is also interested in International companies from Europe or Asia that are seeking to globalize.

In addition to its equity based merchant banking engagements, World Capital Market makes preIPO investments. Such investments are typically made in partnership with esteemed global institutions.

A few years ago, the types of companies that were delisted cut across a large number of industries. Today, however, many of the companies on the verge of being delisted are the same Internet and technology companies that propelled the NASDAQ Composite up 86% in 1999. In today’s market, it is extremely important to understand NASDAQ’s listing requirements.

The box below shows both the initial listing and continued listing requirements for the NASDAQ Small Cap.

If a company does not meet the above criteria, NASDAQ will issue a deficiency notice. Upon receipt of this notice, it is incumbent upon the company to respond to NASDAQ with a reasonable plan that addresses the specific deficiency problem. There are two requirements that have been responsible for most of the listing deficiencies:

• Net Tangible Assets
• Share Price

Net Tangible Assets
NASDAQ screens 10-Q and 10-K filings for net tangible asset deficiencies. If a company’s filings show a deficiency, you can count on NASDAQ sending a letter within 30 days of the filing. Typically the process goes as follows: 1) NASDAQ sends a letter alerting the company of the deficiency and requesting a response within two weeks, 2) Company responds and outlines a game plan on how it is going to correct the deficiency, 3) NASDAQ sends subsequent letter to the Company which states that unless the deficiency is cleared up by X date, the Company will be delisted. During this process the Company has the opportunity to meet with NASDAQ and seek an exception or an extension. One option for the company is to raise capital in order to satisfy this deficiency. It is typically a three to five month process from the time a company is notified until it is actually delisted.

Share Price
If a company’s stock trades below $1.00 for 30 consecutive trading days, NASDAQ will issue a deficiency notice. If the stock continues to trade below $1 for 90 days, the Company risks delisting. During this 90 day period, if the closing bid price is $1 or above for 10 consecutive days, the 90-day clock is restarted.

There are options for companies whose share price is below the minimum bid of $1. For example, the company can affect a reverse stock split. This can be seen as a desperate move because even though the share price would technically meet the requirement, it wouldn’t change any fundamental problems the company may have. Therefore the SEC may or may not accept this proposal. Another option, assuming the fundamental business is sound, is to increase the public awareness the company’s undervalued share price through an IR/PR campaign. Research coverage can be an extremely significant component in this effort.

According to Scott Peterson, Director of NASDAQ Media Relations, NASDAQ is fair to both the public companies as well as the shareholders. “We go the extra mile for the company and try to work on them to keep their listing standards; we recognize that they value being listed on NASDAQ – but we believe it is also an investor protection issue – if they can’t meet the requirements, we will delist them.”

If NASDAQ’s standards have not been met at the end of the 90-day period, the company has the option of requesting a hearing – oral or written – before a panel of two securities experts (a securities lawyer or accountant) of their choice. If the panel denies the extension, in most cases the Company can appeal and is granted a final review. At this point the Company is either delisted of granted the extension.

The entire delisting process can take as long as six months. Once a company is delisted, it will typically trade on the OTCBB or on the Pink Sheets – clearly the OTCBB is preferable. Trading on the OTCBB requires current SEC filings and a market maker that is willing to make a market. (There are instances when a company qualifies for the OTCBB but still trades on the Pink Sheets because no market makers step up.) There is still a market for the stock so, what exactly is so bad about being delisted? Loosing NASDAQ listing will significantly affect liquidity. Most investors avoid OTC stocks, and with good reason. Additionally, raising capital becomes a significant challenge. In essence you have all the costs and regulations associated with being public and none of the benefits.

The stated and un-stated listing requirements for the OTCBB are as follows:

• fully reporting with the Securities and Exchange Commission,
• not an inactive company,
• minimum of 40 stockholders of record holding at least 100 shares each (note: this number is informal and has been moving up),
• directors, officers, and stockholders will be scrutinized for previous involvements in other OTCBB companies

• must have a market maker submit 15c211 application to NASD and agree to act as market maker for securities of company.

Questions?

Contact:info@WorldCapitalMarket.com

• All spreadsheets are designed to work with Windows.
• xls files are downloaded by right clicking on your mouse and saving the target file to your hard drive. NOTE: If you left click on your mouse, the excel spreadsheet may come up on-line.
• zip files are downloaded by left clicking on your mouse. You will need to install a program to unzip the file, such as winzip or attachment opener.
• If you have security protection installed on your computer (such as Norton System Works), you may need to disable it in order to download the files.

If you have questions about certain spreadsheets, please contact Damodaran for spreadsheets 1 thru 11and Back for spreadsheets 12 thru 20.

1. Capital Budgeting Analysis (xls) – Basic program for doing capital budgeting analysis with inclusion of opportunity costs, working capital requirements, etc.
   DownLoad
2. Rating Calculation (xls) – Estimates a rating and cost of debt based on the coverage of debt by an organization.
3. LBO Valuation (xls) – Analyzes the value of equity in a leverage buyout (LBO).
4. Synergy (xls) – Estimates the value of synergy in a merger and acquisition.
5. Valuation Models (xls) – Rough calculation for choosing the correct valuation model.
6. >Risk Premium (xls) – Calculates the implied risk premium in a market. (uses macro’s).
7. FCFE Valuation 1 (xls) – Free Cash Flow to Equity (FCFE) Valuation Model for organizations with stable growth rates.
8. FCFE Valuation 2 (xls) – Free Cash Flow to Equity (FCFE) Valuation Model for organizations with two periods of growth, high growth initially and then stable growth.
9. FCFE Valuation 3 (xls) – Free Cash Flow to Equity (FCFE) Valuation Model for organizations with three stages of growth, high growth initially, decline in growth, and then stable growth.
10. FCFF Valuation 1 (xls) – Free Cash Flow to Firm (FCFF) Valuation Model for organizations with stable growth rates.
11. FCFF Valuation 2 (xls) – Free Cash Flow to Firm (FCFF) Valuation Model for organizations with two periods of growth, high growth initially and then stable growth.
12. Time Value (xls) – Introduction to time value concepts, such as present value, internal rate of return, etc.
13. Lease or Buy a Car (xls) – Basic spreadsheet for deciding to buy or lease a car.
14. NPV & IRR (xls) – Explains Internal Rate of Return, compares projects, etc.
15. Real Rates (xls) – Demonstrates inflation and real rates of return.
16. Template (xls) – Template spreadsheet for project evaluation & capital budgeting.
17. Free Cash Flow (xls) – Cash flow worksheets – subsidized and unsubsidized.
18. Capital Structure (xls) – Spreadsheet for calculating optimal capital structures using different percents of debt.
19. WACC (xls) – Calculation of Weighted Average Cost of Capital using beta’s for equity.
20. Statements (xls) – Generate a set of financial statements using two input sheets – operational data and financial data.
21. Bond Valuation (zip) – Calculates the value or price of a 25 year bond with semi-annual interest payments.
22. Buyout (zip) – Analyzes the effects of combining two companies.
23. Cash Flow Valuation (zip) – Walks through a valuation of cash flows under three models- capital cash flows, equity cash flows, and free cash flows.
24. Financial Projections (zip) – Spreadsheet model for generating projected financials along with valuation based on WACC.
25. Leverage (zip) – Shows the effects on Net Income from using debt (leverage).
26. Ratio Calculator (zip) – Calculates a standard set of ratios based on input of financial data.
27. Stock Value (zip) – Calculates expected return on stock and value based on no growth, growth, and variable growth.
28. CFROI (xls) – Simplified Cash Flow Return on Investment Model
29. Financial Charting (zip) – Add on tool for Excel 97, consists of 6 files.
30. Risk Analysis (exe) – Analysis and simulation add on for excel, self extracting exe file.
31. Black Scholes Option Pricing (zip) – Excel add on for the pricing of options.
32. Cash Flow Matrix – Basic cash flow model.
33. BFAT – Business Financial Analysis Template for start-up businesses from Small Business Technology Center.
34. Forex (zip) – Foreign market exchange simulation for Excel
35. Hamlin (zip) - Financial function add-on’s for Excel
36. Tanly (zip) - Suite of technical analysis models for Excel
37. Financial History Pivot Table – Microsoft Financials
38. Income Statement What If Analysis – Microsoft Financials
39. Exl-Plan Super (zip) – Generates financial projections including ratio analysis. Uses excel templates with numerous menu options.
40. SLG Ratio Master (exe) – Excel workbook for creating 25 key performance ratios.
41. DCF – Menu driven Excel program (must enable macros) for Discounted Cash Flow Analysis; from the book Analysis for Financial Management by Robert C. Higgins.
42. History – Menu driven Excel program (must enable macros) for Historical Financial Statements; from the book Analysis for Financial Management by Robert C. Higgins.
43. Proforma – Menu driven Excel program (must enable macros) for Pro-forma Financial Statements; from the book Analysis for Financial Management by Robert C. Higgins.
44. Business Valuation Model (zip) – Set of tabbed worksheets for generating forecast / valuation outputs. Includes instruction sheet. Bizpep
45. LBO Model – Excel model for leveraged buy-outs
46. Comparable Companies – Excel valuation model comparing companies
47. Combination Model – Excel valuation model for combining companies
48. Balanced Scorecard – Set of templates for building a balanced scorecard. (Supplemental Material for Short Course 11 in the Training Center).
49. Cash Model – Template for calculating projected financials from CFO Connection.
50. Techniques of Financial Analysis – Workbook of 11 templates (breakeven, valuation, forecasting, etc.) from ModernSoft | Companion Book
51. Ratio Reminder (zip) – Simple worksheet of comparative financials and corresponding ratios from Agilicor. 
52. Risk Analysis IT – Template for assessing risk of Information Technology – Audit Net.
53. Risk Analysis DW - Template for assessing risk of Data Warehousing – Audit Net.
54. Excel Workbook 1-2- Set of worksheets for evaluating financial performance and forecasting. (Supplemental Material for Short Courses 1 & 2 in the Training Center).
55. Rule Maker Essentials – Excel Template for scoring a company by entering financial data – The Motley Fool
56. Rule Maker Ranker – Excel Template for scoring a company by entering comparable data – The Motley Fool
57. IPO Timeline – Excel program for Initial Public Offerings (must enable macros)
58. Assessment Templates - Set of templates for assessing an organization based on the Malcolm Baldrige Quality Model. (Supplemental Material for Short Course 10 in the Training Center).
59. Cash Gap in Days – Spreadsheet for calculating number of days required for short-term financing
60. Cash Flow Template – Simple spreadsheet for calculating Free Cash Flow
61. Six Solver Workbook – Set of various spreadsheets for solving different business problems (inventory ordering, labor scheduling, working capital, etc.)
62. Free Cash Flow Valuation – Basic Spreadsheet Valuation Model
63. Finance Examples - Seven examples in Business Finance – Solver
64. Capital Budgeting Workbook – Several examples of capital budgeting analysis, including the use of Solver to select optimal projects. (Supplemental Material for Short Course 3 in the Training Center). 
65. Present Value Tables (rtf) – Set of present value tables written in rich text format, compatible with most word processors. Includes examples of how to use present value tables.
66. Investment Valuation Model (zip) – Valuation model of companies – Excel Business Tools
67. Cash Flow Sensitivity – Sensitivity analysis spreadsheet – Small Business Store
    Bold Hyperlink- Spreadsheet is unique to this website. All other spreadsheets are from other sources.

NOTE: All web pages throughout this entire web site will get a new clean look in a few months.