Affordable Fantasies & Illusions

1-900-288-2001 (Ext XXX)

PAYMENT AND ACCOUNTING

When a caller uses the AFI Dateline by dialing 1-900-288-2001, the first thing they are asked is to enter the three digit extension number found in your ad. As an extension partner, you can choose any three digit extension # that is not currently in use by another advertiser. All calls are accounted for by these three digit extension numbers and at the end of the month, we provide an extension list from the service bureau showing the number of call minutes from each extension. We charge $1.98 for every minute a caller is on line using the system. The costs for AT&T telco and service Bureau fees amount to about $0.88 per minute - leaving $1.10. Caller chargebacks (people who refuse to pay for calls) account for 5% - 10% of call volume: equalling approximately $0.10 per minute. Thus the adjusted gross income for each billable caller minute is about $1.00. Our partnership agreement is based on a 50%/50% split of the adjusted gross income derived from the extension code number assigned to you. Bottom line to you is approximately $0.50 per minute. You will receive payments by corporate check from Affordable Fantasies & Illusions Ltd. After year end a 1099 will be issued for tax purposes. Your first payment check will be issued approximately 45 days after close of your first month's billing period to allow for AT&T collections. You will receive your checks on a monthly basis thereafter.