First the bad news. Donations and affilate revenue was way down. If the levels would have just stayed flat from last month, this month would have been much better. If you can't donate you can always help by using our affilates. Do not underestimate the power you have to help NetDragons.com, every little bit helps. A point of note, if the levels would have stayed the same 74% of bandwidth costs would have been covered and cash reserves would have only been depleted by 12%. This would have ment a 7 month to live projection, but we don't live in a world of "what ifs."

The good news is that the shareware software title grew by leaps and bounds. Also, ad revenue is on the way back up. While NetDragons.com is still losing money, we aren't quite losing as much.

Total Revenue:	+15%	% Rvn
Ad Revenue:	+58%	76.6%
Affiliates:	-41%	16.7%
Donations:	-71%	2.7%
Shareware:	+230%	4.0%

Only 63% of bandwidth costs were covered. Cash reserves were depleted by 15%.

We still need your help, so why not check out our affiliates? Of course you can still donate directly. As of right now NetDragons.com still has 5 months to live.

Thanks,

Dave Wexler
vagabond@netdragons.com