First the bad news: Kentucky has some funky tax laws where they basically charge sales tax (6%) on items you buy out of state. In 2000 NetDragons.com purchased over $20,000 in computer hardware and software for ND. This resulted in an extra $1200 in taxes that I wasn't expecting to pay. This further depletes my personal money reserves that I'm using to keep ND going.

The good news is that bandwidth expenses have dropped by about 25% and ad revenue has picked up a little (5%). In total Ad revenue was 57% of total income, donations were 15%, affiliate programs were 28%. Unfortunately the total income was only enough to cover 60% of bandwidth costs. (It would have only been 44% had bandwidth costs not dropped.) In total the remaining 40% comes out of my personal cash reserves and with other unavoidable monthly expenses (car payments, food, etc.) the reserves have been depleted by 13% this month. If donations stay at the same level this would mean NetDragons.com now has 8 months to live, however they have already been much lighter this month so I'm placed my estimated at 6 months.

Things are looking up, but we still need your help! Keep those donations coming, and if you can't donate please take the time to visit a sponsor or an affiliate and sign up for their offers! As of right now NetDragons.com has 6 Months to live!

Thanks,

Dave Wexler
vagabond@netdragons.com