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Cap Table Projection
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Round Name $ Invested Pre-Money /
Valuation Cap		Pre or Post
Valuation Cap		 Price Per Share Shares Issued Post-Money
Option Pool
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NOTE $2M Cap$100,000 $2,000,000 Pre-Money$0.235294 425,000 $269,166.67
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SAFE $2M Cap$100,000 $2,000,000 Post-Money$0.182254 548,684 $347,500.00
Effective Pre-Money Valuation
 $ 5,383,333.33
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Series Seed$2,000,000 $8,000,000 $0.633333 3,157,895 20.00%$2,000,000.00 $ 6,000,000.00
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 Total $2,200,000 4,131,579 $2,000,000.00
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 $ 5,383,333.33
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Pre-Series SeedPost-Series Seed
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NameCommonOptionsFully Diluted
Shares		% Fully Diluted New
Preferred Stock		New OptionsFully Diluted
Shares		% Fully Diluted
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Existing 8,000,000 8,000,000 80.00% 8,000,000 50.67%
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NOTE $2M Cap 425,000 425,000 2.69% Difference:
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SAFE $2M Cap 548,684 548,684 3.48%0.78%
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Series Seed 3,157,895 3,157,895 20.00%
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Options Granted 500,000 500,000 5.00% 500,000 3.17%
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Options Available 1,500,000 1,500,000 15.00% 1,657,895 3,157,895 20.00%
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Total 8,000,000 2,000,000 10,000,000 100.00% 4,131,579 1,657,895 15,789,474 100.00%
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 $ 10,000,000.00
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