CAF Annual MD&A / Financial Highlights

Financials as of October 31st 2013 (Year End)

Cash: $1,313,730
Receivables: $1,839,196
Inventories: $376,770
Prepaid Expenses: $33,459

Property & Equipment: $578,068

Total Assets: $ 4,141,224


Liabilities: $2,375,117 ( All Payables)
Bank Debt: $0 (Paid off in 2013)

2013 Total Sales: $ 14,969,633
Cost of Sales: $13,342,532
Gross Profit: $1,627,101

Expenses: $463,202

Net Income(After Tax) $838,537

Earnings per share after 4 positive quarters:

$838,537(net) / 47,426,196(common shares = $0.0176 EPS for 2013

CAF.V Should be trading at a 10-15 Times multiple if it is compared
similar net growth earners NCI.V, IWG.V and PHO.V. which all
took off in 2013.