﻿<?xml version="1.0" encoding="utf-8"?><rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns="http://purl.org/rss/1.0/" xmlns:admin="http://webns.net/mvcb/"><channel rdf:about="/rss.aspx"><title>Brenden Travels</title><link>http://vacation.brendentravels.com</link><description /><dc:publisher>Quick Blogcast</dc:publisher><admin:generatorAgent rdf:resource="http://app.onlinequickblog.com/" /><items><rdf:Seq><rdf:li rdf:resource="http://vacation.brendentravels.com/2008/06/01/personal-injury-advance.aspx?ref=rss" /><rdf:li rdf:resource="http://vacation.brendentravels.com/2008/06/01/brenden-travels.aspx?ref=rss" /><rdf:li rdf:resource="http://vacation.brendentravels.com/2008/04/21/new-professional-marketing-system-explodes-your-income.aspx?ref=rss" /><rdf:li rdf:resource="http://vacation.brendentravels.com/2008/04/07/ytb-stock.aspx?ref=rss" /><rdf:li rdf:resource="http://vacation.brendentravels.com/2007/11/11/boston-ma-the-big-digit------203.aspx?ref=rss" /><rdf:li rdf:resource="http://vacation.brendentravels.com/2007/11/11/brenden-travels-tech-stuff.aspx?ref=rss" /><rdf:li rdf:resource="http://vacation.brendentravels.com/2007/11/10/techie-s-4.aspx?ref=rss" /><rdf:li rdf:resource="http://vacation.brendentravels.com/2007/11/10/techie-stuff3.aspx?ref=rss" /><rdf:li rdf:resource="http://vacation.brendentravels.com/2007/11/10/techie-stuff-2.aspx?ref=rss" /><rdf:li rdf:resource="http://vacation.brendentravels.com/2007/11/07/rss-feed-for-brendentravelscom.aspx?ref=rss" /><rdf:li rdf:resource="http://vacation.brendentravels.com/2007/11/07/what-an-opportunity.aspx?ref=rss" /><rdf:li rdf:resource="http://vacation.brendentravels.com/2007/11/07/maui-vacation.aspx?ref=rss" /><rdf:li rdf:resource="http://vacation.brendentravels.com/2007/11/07/hawaii-travel.aspx?ref=rss" /></rdf:Seq></items></channel><item rdf:about="http://vacation.brendentravels.com/2008/06/01/personal-injury-advance.aspx?ref=rss"><title>personal injury advance</title><link>http://vacation.brendentravels.com/2008/06/01/personal-injury-advance.aspx?ref=rss</link><description>&lt;!-- HTML Templet Wizard by Allan Saw. © 2002, all rights reserved.--&gt;

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&lt;div align="center"&gt;&lt;h1&gt;Early Cash 4 U&lt;/h1&gt;&lt;/div&gt;
AFG is a leader in the lawsuit advance and structured settlement purchase industry. with over 20 years in the industry, and listed with the BBB. no mater what your future stream of income is AFG can get you an advance on your money. some basic information and you can recieve a free quote, no obligations.
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</description><dc:creator>Brenden Bowman</dc:creator><dc:date>2008-06-01T22:53:00Z</dc:date></item><item rdf:about="http://vacation.brendentravels.com/2008/06/01/brenden-travels.aspx?ref=rss"><title>Brenden Travels</title><link>http://vacation.brendentravels.com/2008/06/01/brenden-travels.aspx?ref=rss</link><description>&lt;DIV align=center&gt;
&lt;H1&gt;BredenTravels Online Travel Agency&lt;/H1&gt;&lt;/DIV&gt;Brenden travels is you one stop shop for everything you could need for your vacation planning. book air hotel and rental cars all together and save yourself hundreds of dollars. we have exclusive tours internationally, along with last minute getaways that start at $250. BrendenTravels also offers Gift Baskets to wish those heading off on an adventure well wishes. BrendenTravels also offers a HoneyMoon Bridal Registry, allowing you and your wedding guests to give your and your love the dream honeymoon to remember. Also part of the YTB Network, learn to Travel Like Pro, and vacation for a living by becoming a travel agent. 
&lt;DIV align=center&gt;&lt;A href="/www.ytb.com/icebxx"&gt;
&lt;H3&gt;BrendenTravels&lt;/A&gt;&lt;/H3&gt;&lt;/DIV&gt;
&lt;DIV align=center&gt;&lt;A href="mailto:being13th@yahoo.com"&gt;
&lt;H5&gt;Ask a Travel Agent&lt;/A&gt;&lt;/H5&gt;&lt;/DIV&gt;</description><dc:creator>Brenden Bowman</dc:creator><dc:date>2008-06-01T18:04:00Z</dc:date></item><item rdf:about="http://vacation.brendentravels.com/2008/04/21/new-professional-marketing-system-explodes-your-income.aspx?ref=rss"><title>New Professional Marketing System Explodes your Income!</title><link>http://vacation.brendentravels.com/2008/04/21/new-professional-marketing-system-explodes-your-income.aspx?ref=rss</link><description>&lt;BR&gt;The real secret to making money online has nothing to do with your site or the product you sell......Fact! What really makes the difference as to whether you make money or go bust is all dependant on how many people see your site each day. If you only get 10 to 100 people per day visit your site, you might as well give up now. What if you could get 1 million visitors in the next 30 days? Would that make your sales increase? What if you could guarantee that all these visitors were real people, and they would be on your site for at least 10 seconds each? And what if you could get all this completely free? Would your bank balance be able to take the strain as the sales poored in? There's an incredible new marketing system that can easily and very realistically send you over a million guaranteed real visitors to your website, and it won't cost you a thing. All you have to do is check out &lt;a href="http://www.t2000ultra.com/?rid=39453"&gt;www.t2000ultra.com/?rid=39453&lt;/a&gt; This is going to change the way you market forever. &lt;BR&gt;&lt;BR&gt;&lt;BR&gt;&lt;A href="http://www.t2000ultra.com/?rid=39453" target=_blank&gt;&lt;IMG height=60 src="http://www.t2000ultra.com/pic/tultra468x60-1.gif" width=468 border=0&gt;&lt;/A&gt;</description><dc:subject>Ads</dc:subject><dc:creator>Brenden Bowman</dc:creator><dc:date>2008-04-21T19:41:00Z</dc:date></item><item rdf:about="http://vacation.brendentravels.com/2008/04/07/ytb-stock.aspx?ref=rss"><title>YTB Stock</title><link>http://vacation.brendentravels.com/2008/04/07/ytb-stock.aspx?ref=rss</link><description>&lt;P class=blogSubject&gt;YTB Stocks UP &amp;amp; why the cold hard facts &lt;/P&gt;
&lt;P class=blogContent&gt;
&lt;P&gt;YTB INTL INC CL A&lt;BR&gt;(Other OTC: YTBLA.PK)&lt;BR&gt;&amp;nbsp;Last Trade: 3.68 &lt;BR&gt;Trade Time: Apr 4 &lt;BR&gt;Change:&amp;nbsp; 0.53 (16.83%) &lt;BR&gt;Prev Close: 3.15 &lt;BR&gt;Open: 3.36 &lt;BR&gt;Bid: N/A &lt;BR&gt;Ask: N/A &lt;BR&gt;1y Target Est: N/A &lt;BR&gt;&amp;gt; Day’s Range: 3.22 - 4.19 &lt;BR&gt;52wk Range: 0.60 - 9.50 &lt;BR&gt;Volume &lt;/P&gt;
&lt;P&gt;Form 8-K for YTB INTERNATIONAL, INC. &lt;BR&gt;--------------------------------------------------------------------------------&lt;/P&gt;
&lt;P&gt;1-Apr-2008 &lt;/P&gt;
&lt;P&gt;Results of Operations and Financial Condition, Financial Statements and E &lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;Item 2.02 Results of Operations and Financial Condition. &lt;BR&gt;On April 1, 2008, YTB International, Inc. issued a press release announcing its financial results for the year ended December 31, 2007. &lt;BR&gt;A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K. &lt;/P&gt;
&lt;P&gt;The information in this report, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934,&lt;BR&gt;&amp;nbsp;as amended (the "Exchange Act"), or incorporated subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, &lt;BR&gt;as amended (the "Securities Act"), and shall not be incorporated by reference in any registration statement or other document filed under the Securities &lt;BR&gt;Act or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filings, &lt;BR&gt;except as shall be expressly set forth by specific reference in such a filing. &lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;Item 9.01 Financial Statements and Exhibits. &lt;BR&gt;(d) Exhibits &lt;/P&gt;
&lt;P&gt;No. Description &lt;/P&gt;
&lt;P&gt;99.1 Press Release dated April 1, 2008 &lt;/P&gt;
&lt;P&gt;YTB International Reports Total Revenue of $141 Million and $3.2 Million Net Income for 2007&lt;BR&gt;Tuesday April 1, 10:07 am ET &lt;/P&gt;
&lt;P&gt;&lt;BR&gt;&amp;nbsp;Value of travel services booked on YTB’s RTAs websites increased 84% in 2007&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; to $414.5 million&lt;BR&gt;WOOD RIVER, Ill., April 1, 2008 /PRNewswire-FirstCall/- YTB International, Inc. &lt;BR&gt;(OTC Pink Sheets: YTBLA - News; "YTB" or the "Company"), &lt;BR&gt;a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, &lt;BR&gt;Bermuda, the Bahamas, and Canada, today announced its financial results for the twelve-month period ending December 31, 2007. &lt;/P&gt;
&lt;P&gt;Total revenue for the year ended December 31, 2007 increased 177% to $141.3 million, compared to $50.9 million for the previous year. &lt;BR&gt;While only the commissions arising from RTAs’ booking of travel services booked on the RTAs’ websites are reflected as a component of the Company’s revenues,&lt;BR&gt;YTB also keeps track of the aggregate retail value of all travel services that are sold by its RTAs’ websites (which directly impacts commission revenues).&lt;BR&gt;The value of such travel services increased 84% in 2007 to $414.5 million, from $225.7 million in 2006. &lt;/P&gt;
&lt;P&gt;Net income for the year ended December 31, 2007 was $3.2 million, or $0.03 per diluted share, compared to a net loss of ($6.0) million, &lt;BR&gt;or ($0.07) per diluted share, for the 2006 fiscal year. &lt;/P&gt;
&lt;P&gt;Stockholders’ equity as of the 2007 year end increased by $19.3 million or 958%, to $17.3 million from a ($2.0) deficit as of the end of fiscal 2006. &lt;/P&gt;
&lt;P&gt;"2007 was a banner year for YTB. During the year we more than doubled the size of our network of RTAs to approximately 131,000 strong in addition &lt;BR&gt;to reporting three consecutive profitable quarters," stated Scott Tomer, Chief Executive Officer of YTB. "As our company grows, so does the attention &lt;BR&gt;we have gained within the travel industry. Over the past year we have received praise for our energy and industry-changing business strategy from &lt;BR&gt;leading travel companies and organizations. However, not surprisingly, we have also attracted criticism from those companies with whom we indirectly &lt;BR&gt;and directly compete. We challenged these critics by concentrating on our business and making YTB one of the most successful travel service companies around.&lt;BR&gt;Moving into 2008, we see no signs of slowing down, as we expanded our services into Canada." &lt;/P&gt;
&lt;P&gt;"We have established a strong network of contacts within the travel world, which have led to significant agreements that have expanded the scope of our&lt;BR&gt;travel business. Most recently, we announced an exclusive partnership with Shanghai Spring International Travel Service and Mandarin Voyages to market&lt;BR&gt;and sell European tour packages, including trips to France, Germany, Belgium and Holland. These agreements expand our RTAs’ ability to offer fun, &lt;BR&gt;unique travel options," stated, J. Kim Sorensen, CEO of YTB Travel Network, a wholly- owned YTB subsidiary. "We are very proud of these efforts and &lt;BR&gt;look forward to helping more RTAs find success through selling travel." &lt;/P&gt;
&lt;P&gt;About YTB International &lt;/P&gt;
&lt;P&gt;Recognized as the 35th largest seller of travel in the U.S. in 2006 by Travel Weekly, YTB International, Inc. provides Internet-based travel booking &lt;BR&gt;services for home-based independent representatives in the United States, Puerto Rico, the Bahamas, Canada, Bermuda, and the U.S. Virgin Islands. &lt;/P&gt;
&lt;P&gt;It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. YourTravelBiz.com &lt;BR&gt;focuses on marketing online travel websites through a nationwide network of independent business people, known as ’Reps.’ YTB Travel Network establishes &lt;BR&gt;and maintains travel vendor relationships, processes travel transactions of online travel agents and affiliates, collects travel commissions and pays sales &lt;BR&gt;commissions. Each RTA directs consumers to the YTB Internet-based travel website. REZconnect Technologies hosts a travel agency for traditional travel agents&lt;BR&gt;and offers franchises of brick and mortar travel agencies. For more information, visit &lt;A href="http://www.msplinks.com/MDFodHRwOi8vd3d3Lnl0YmkuY29tL2ludmVzdG9y"&gt;&lt;FONT color=#003399&gt;http://www.ytbi.com/investor&lt;/FONT&gt;&lt;/A&gt;. &lt;/P&gt;
&lt;P&gt;Statements about the Company’s future expectations, including future revenues and earnings, and all other statements in this press release other than &lt;BR&gt;historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange &lt;BR&gt;of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and &lt;BR&gt;are subject to change at any time, and the Company’s actual results could differ materially from expected results. The Company undertakes no obligation &lt;BR&gt;to update forward-looking statements to reflect subsequently occurring events or circumstances. &lt;/P&gt;
&lt;P&gt;This document is available on the KCSA Worldwide Website at &lt;A href="http://www.msplinks.com/MDFodHRwOi8vd3d3Lmtjc2EuY29t"&gt;&lt;FONT color=#003399&gt;www.kcsa.com&lt;/FONT&gt;&lt;/A&gt;.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;BR&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; YTB INTERNATIONAL, INC.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Condensed Consolidated Statements of Operations&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;BR&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Years Ended December 31, 2007 and 2006&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;BR&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2007&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2006&amp;nbsp;&amp;nbsp;&amp;nbsp; Net revenues&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $141,285,474&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $50,896,730&amp;nbsp;&amp;nbsp;&amp;nbsp; Operating expenses:&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Operating expenses (exclusive of&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; depreciation and amortization&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; shown below)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 137,111,079&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 56,541,689&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Depreciation and amortization&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 1,151,548&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 408,025&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Total operating expenses&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 138,262,627&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 56,949,714&amp;nbsp;&amp;nbsp;&amp;nbsp; Income (loss) from operations&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 3,022,847&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (6,052,984)&amp;nbsp;&amp;nbsp;&amp;nbsp; Other income (expense)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Interest and dividend income&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 447,369&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 170,224&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Interest expense&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (38,130)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (93,617)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Gain (loss) on sale of assets&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (9,991)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; -&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Total other income&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 399,248&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 76,607&amp;nbsp;&amp;nbsp;&amp;nbsp; Income (loss) before income tax provision&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 3,422,095&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (5,976,377)&amp;nbsp;&amp;nbsp;&amp;nbsp; Income tax provision&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 213,200&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; -&amp;nbsp;&amp;nbsp;&amp;nbsp; Net income (loss)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $3,208,895&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $(5,976,377)&amp;nbsp;&amp;nbsp;&amp;nbsp; Net income (loss) per share:&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Weighted-average shares outstanding -&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; basic for Class A and Class B&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 97,377,194&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 82,300,473&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Weighted-average shares outstanding -&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; diluted for Class A and Class B&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 110,699,696&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 82,300,473&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Net income (loss) per share - basic&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; for Class A and Class B (amounts for&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Class A and Class B shares are the&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; same under the two-class method.)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $0.03&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $(0.07)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Net income (loss) per share - diluted&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; for Class A and Class B(amounts for&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Class A and Class B shares are the same&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; under the two-class method.)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $0.03&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $(0.07)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; YTB INTERNATIONAL, INC.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Condensed Consolidated Balance Sheets&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; December 31, 2007 and 2006&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; December 31,&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; December 31,&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2007&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2006&amp;nbsp;&amp;nbsp;&amp;nbsp; ASSETS&amp;nbsp;&amp;nbsp;&amp;nbsp; Current assets:&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Cash and cash equivalents&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $1,730,570&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; -&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Other current assets, net&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 39,039,546&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 17,991,085&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Total current assets&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 40,770,116&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 17,991,085&amp;nbsp;&amp;nbsp;&amp;nbsp; Long-term investments&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 1,000,000&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; -&amp;nbsp;&amp;nbsp;&amp;nbsp; Property and equipment, net&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 15,432,502&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 6,191,408&amp;nbsp;&amp;nbsp;&amp;nbsp; Intangible assets, net&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2,395,151&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2,468,580&amp;nbsp;&amp;nbsp;&amp;nbsp; Goodwill&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2,979,322&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2,224,322&amp;nbsp;&amp;nbsp;&amp;nbsp; Other assets&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 316,895&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 14,994&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; TOTAL ASSETS&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $62,893,986&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $28,890,389&amp;nbsp;&amp;nbsp;&amp;nbsp; LIABILITIES AND STOCKHOLDERS’ EQUITY&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (DEFICIT)&amp;nbsp;&amp;nbsp;&amp;nbsp; Current liabilities&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $44,417,965&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $30,637,085&amp;nbsp;&amp;nbsp;&amp;nbsp; Other long-term liabilities:&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Long-term debt, less current maturities&amp;nbsp;&amp;nbsp;&amp;nbsp; 219,641&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 241,659&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Other liabilities&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 947,946&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 28,002&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Total other long-term liabilities&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 1,167,587&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 269,661&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; TOTAL LIABILITIES&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 45,585,552&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 30,906,746&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 17,308,434&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (2,016,357)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; TOTAL LIABILITIES AND STOCKHOLDERS’&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; EQUITY (DEFICIT)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $62,893,986&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $28,890,389&lt;/P&gt;
&lt;P&gt;&lt;BR&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;BR&gt;--------------------------------------------------------------------------------&lt;/P&gt;
&lt;P&gt;Source: YTB International, Inc.&lt;/P&gt;
&lt;P&gt;Form 10KSB for YTB INTERNATIONAL, INC. &lt;/P&gt;
&lt;P&gt;&lt;BR&gt;--------------------------------------------------------------------------------&lt;/P&gt;
&lt;P&gt;31-Mar-2008 &lt;/P&gt;
&lt;P&gt;Annual Report &lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;Item 6. Management’s Discussion and Analysis or Plan of Operation. &lt;BR&gt;Overview &lt;/P&gt;
&lt;P&gt;We are a leading provider of Internet-based travel related services and operate primarily through three of our subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc. and REZconnect Technologies, Inc. YourTravelBiz.com, Inc. ("YTB Marketing") establishes online travel websites and compensates its Reps via a multilevel marketing commission structure. YTB Travel Network, Inc. ("YTB Travel") contracts with the online travel businesses, provides online booking systems, fulfills travel orders and pays travel commissions. REZconnect Technologies, Inc. ("REZconnect") operates as a travel vendor relationship management company and offers franchises to brick and mortar travel agencies. All of REZconnect’s franchised operations are independently owned and operated. All sales of travel products by REZconnect are made through its independent agencies and franchisees, or through its interactive websites. &lt;/P&gt;
&lt;P&gt;We offer our customers a reliable source of travel products and services through our relationships with selected travel providers, including major airlines, cruise lines, hotels and car rental agencies, as well as wholesale travel providers. We offer our customers the ability to make reservations on over 400 airlines, at more than 75,000 hotels and with most major car rental companies, cruise lines and tour package operators. &lt;/P&gt;
&lt;P&gt;Our multi-segment operating model provides us with a competitive advantage because few travel related companies have expertise in both travel and marketing. We have been able to obtain more favorable pricing terms with our vendors as a result of economies of scale. In addition, more favorable commission rates are able to be realized based on the larger volume. &lt;/P&gt;
&lt;P&gt;We also benefit from the synergies among our operating segments. YTB Marketing markets and establishes online travel websites on behalf of YTB Travel. YTB Marketing has a unique business model and strategy of creating a network of commissioned Reps who exclusively market the online travel websites of YTB Travel. A purchaser of an online travel website from YTB Travel is known as a Referring Travel Agent ("RTA"). Each RTA pays $449.95 for the purchase of an online travel store, plus the first month’s RTA web hosting fee of $49.95. The monthly fee continues for as long as the RTA operates his/her online travel store. YTB Travel retains a percentage of the travel commissions generated by the RTAs. While Travelocity, Priceline.com, Expedia and Orbitz focus their promotion efforts on the customer, typically spending over 25% of their revenue on advertising, we spend less than 1% of our net revenues on advertising. &lt;/P&gt;
&lt;P&gt;YTB Marketing’s sales of online travel websites on behalf of YTB Travel are not subject to the seasonality of the travel business, nor should a decline in travel significantly impact YTB Marketing, since the $49.95 monthly fee is a primary source of YTB Marketing’s revenue. Also, typical online travel merchants sell a commodity (travel), which does not engender strong customer loyalty. By contrast, each RTA develops personal relationships with his or her customers, who book travel through the RTA’s own online travel store, thereby creating a significant advantage for YTB compared to the major online travel companies. The cost to book a trip through an RTA is usually nearly identical to booking a trip through a major online travel company. The RTAs’ online stores provide access to more than 31 booking engines, including World Choice Travel (a subsidiary of Travelocity), Hotels.com, Apple Vacations, Collette Vacations, Ourvacationstore.com and more. &lt;/P&gt;
&lt;P&gt;As of December 31, 2007, there are 131,065 RTA travel store websites in operation and numerous registered travel agents, which include franchisees and independent travel agents, using the Vacation Central travel portal site. Site owners are also permitted to solicit organizations and associations for travel sites. &lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;--------------------------------------------------------------------------------&lt;BR&gt;.. --&amp;gt;-------------------------------------------------------------------------------- --&amp;gt;&lt;BR&gt;YTB Travel is our travel management subsidiary that processes travel sales from online business models and processes and handles bookings (reservations) from approximately 131,065 websites, negotiates deals with over 60 preferred vendors, and receives incentives based on the volume of business that it produces. The fulfillment is offered through interactive, real time booking engines and access to preferred deals with leading travel industry suppliers. The emerging market shift to the Internet for travel services presents the opportunity for advancement of products and services by referral relationships. Future revenue growth should accelerate as more RTAs are added to the system, and as each goes through the various training programs that YTB Travel provides. RTA sites are available for use 24 hours, 7 days a week. &lt;/P&gt;
&lt;P&gt;REZconnect generates revenue through registered travel agents and 45 active franchised travel agencies. REZconnect offers consumer driven websites which provide strong content and travel booking ability with 55 booking engines incorporated into one site, covering virtually all aspects of the travel industry. &lt;/P&gt;
&lt;P&gt;Our revenues derive primarily from online travel store sales, monthly RTA web hosting fees and commissions paid by travel providers. In addition, certain travel suppliers pay performance-based compensation known as "override commissions" or "overrides." &lt;BR&gt;· Commission revenues, net of allowances for cancellations, are recognized based on the expected date of travel. &lt;/P&gt;
&lt;P&gt;· Overrides are recognized on an accrual basis based on prior year’s experience adjusted for current year volumes. &lt;/P&gt;
&lt;P&gt;· Franchise fees are recognized when all material services and conditions required have been performed and the ability to collect the franchise fee is relatively assured. We generally defer recognition of franchise fees until such amounts have been collected from the franchisee. &lt;/P&gt;
&lt;P&gt;· Franchise service fees are recognized on an accrual basis as earned. &lt;/P&gt;
&lt;P&gt;· Revenue from online travel store sales is deferred and recognized ratably as revenue over a 12-month period, which represents the average lifespan during which an RTA remains an RTA with the Company. &lt;/P&gt;
&lt;P&gt;The commission rates paid by travel suppliers, in addition to overrides, are determined by individual travel suppliers and are subject to change. Historically, typical standard base commission rates paid by travel suppliers have been approximately 10% for hotel reservations, 5% to 10% for car rentals, 10% to 18% for cruises and vacation packages and a nominal service fee for airline tickets. During the past several years, leisure vendors (including tour operators, cruise lines, hotel and car packagers) have not reduced their commission levels but in fact have offered YTB Travel incentive commissions above the standard compensation for its volume business. YTB Travel expects that its commissions from online transaction revenues will increase due to the fact that its leisure bookings are much greater as a percentage of total sales than airline ticketing, the latter offering lower commissions. Each website travel storeowner pays a monthly web hosting fee of $49.95 to us, and can earn transactional compensation from travel purchased from his or her website. There can be no assurance that travel suppliers will not reduce commission rates paid to YTB Travel or eliminate such commissions entirely, which could, individually or in the aggregate, have a material adverse effect on our business, operating results and financial condition. &lt;/P&gt;
&lt;P&gt;In order to expand our potential revenue base internationally, in early 2008 we expanded our services into Canada, the Bahamas, and Bermuda. YTB Bahamas commenced operations on January 11, 2008, and YTB Canada and YTB Bermuda commenced operations on February 8, 2008. As a result of this international expansion, our RTAs living in these countries can now sell travel through websites that they acquire from us, and, similarly, our Reps who are located there can market online travel websites to others in the U.S., Puerto Rico, the Bahamas, Bermuda and Canada. &lt;/P&gt;
&lt;P&gt;It should be noted that while only the commissions arising from our RTAs’ booking of travel services are reflected as a component of our revenues in our financial statements, we also keep track of the aggregate retail value of all travel services that are booked by our RTAs (which directly impacts our commission revenues). The value of such travel services increased 83.7% in 2007 to over $414,000,000, from approximately $225,000,000 in 2006. &lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;--------------------------------------------------------------------------------&lt;BR&gt;.. --&amp;gt;-------------------------------------------------------------------------------- --&amp;gt;&lt;BR&gt;Results of Operations &lt;/P&gt;
&lt;P&gt;The following table sets forth, for the periods indicated, the percentage relationship of certain items from our consolidated statement of operations to our total revenues: &lt;/P&gt;
&lt;P&gt;&amp;nbsp;..TR&amp;gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2007&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2006&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Variance&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Year Ended&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; % of Net&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Year Ended&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; % of Net&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Increase&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; December 31,&amp;nbsp;&amp;nbsp;&amp;nbsp; Revenues 2007&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; December 31,&amp;nbsp;&amp;nbsp;&amp;nbsp; Revenues 2006&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (Decrease)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Inc.(Decr.) %NET REVENUESOnline travel storesandmonthly fees&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $&amp;nbsp; 103,656,435&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 73.4 %&amp;nbsp; $&amp;nbsp;&amp;nbsp; 36,887,611&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 72.4 %&amp;nbsp; $&amp;nbsp; 66,768,824&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 181.0 %Travel commissions andservices&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 20,495,954&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 14.5 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 7,364,413&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 14.5 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 13,131,541&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 178.3 %Training programs andmarketing materials&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 14,014,632&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 9.9 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 5,766,081&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 11.3 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 8,248,551&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 143.1 %Other&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 3,118,453&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2.2 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 878,625&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 1.8 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2,239,828&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 254.9 %Total net revenues&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 141,285,474&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 100.0 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 50,896,730&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 100.0 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 90,388,744&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 177.6 %OPERATING EXPENSESMarketing commissions&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 80,550,029&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 57.0 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 29,908,507&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 58.8 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 50,641,522&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 169.3 %Travel commissions&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 13,426,540&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 9.5 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 4,893,012&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 9.6 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 8,533,528&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 174.4 %Depreciation andamortization&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 1,151,548&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 0.8 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 408,025&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 0.8 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 743,523&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 182.2 %Marketing and selling&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 6,219,485&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 4.4 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 3,144,211&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 6.2 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 3,075,274&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 97.8 %General andadministrative&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 36,915,025&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 26.1 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 18,595,959&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 36.5 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 18,319,066&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 98.5 %Total operatingexpenses&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 138,262,627&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 97.8 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 56,949,714&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 111.9 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 81,312,913&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 142.8 %INCOME (LOSS) FROMOPERATIONS&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 3,022,847&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2.2 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (6,052,984 )&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (11.9 %)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 9,075,831&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 149.9 %OTHER INCOME/(EXPENSE)Interest and dividendincome&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 447,369&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 0.3 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 170,224&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 0.4 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 277,145&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 162.8 %Interest expense&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (38,130 )&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (0.0 %)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (93,617 )&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (0.2 %)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 55,487&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (59.3 %)Gain (loss) on sale ofassets&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (9,991 )&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (0.0 %)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; -&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 0.0 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (9,991 )&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 0.0 %Total otherincome/(expense)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 399,248&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 0.3 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 76,607&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 0.2 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 322,641&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 421.2 %INCOME (LOSS) BEFOREINCOME TAX PROVISION&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 3,422,095&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2.5 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (5,976,377 )&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (11.7 %)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 9,398,472&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 157.3 %INCOME TAX PROVISION&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 213,200&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 0.2 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; -&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 0.0 %&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 213,200&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 0.0 %NET INCOME (LOSS)&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $&amp;nbsp;&amp;nbsp;&amp;nbsp; 3,208,895&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2.5 %&amp;nbsp; $&amp;nbsp;&amp;nbsp; (5,976,377 )&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; (11.7 %) $&amp;nbsp;&amp;nbsp; 9,185,272&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 157.3 %&lt;BR&gt;&amp;nbsp;&lt;BR&gt;..TABLE&amp;gt;&lt;/P&gt;
&lt;P&gt;&lt;BR&gt;--------------------------------------------------------------------------------&lt;BR&gt;.. --&amp;gt;-------------------------------------------------------------------------------- --&amp;gt;&lt;BR&gt;The following table sets forth the number of active RTAs as of the conclusion of each of our last two fiscal years, as well as the number of site sales during each such fiscal year: &lt;/P&gt;
&lt;P&gt;&amp;nbsp;..TR&amp;gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; RTAs as of&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; RTAs as ofDecember 31, 2007&amp;nbsp; December 31, 2006&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 131,065&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 59,736Site sales for the Site sales for the 12 months ended&amp;nbsp;&amp;nbsp;&amp;nbsp; 12 months endedDecember 31, 2007&amp;nbsp; December 31, 2006&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 139,239&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 58,985&lt;BR&gt;&amp;nbsp;&lt;BR&gt;..TABLE&amp;gt;&lt;BR&gt;The above RTA figures represent the number of active RTAs paying $49.95 per month for monthly web hosting fees. The site sales figures represent the number of online travel store sites sold during the respective fiscal years. The number of sales, and the amount of recurring monthly web hosting fees paid, each directly impacts our revenues and expenses. As each new site is sold for $449.95, marketing commissions are paid on that sale. Likewise, each recurring monthly web hosting fee paid results in marketing commissions paid to our Reps. As the number of active RTAs grows, the amount of our travel commissions revenue grows as well. Correspondingly, our travel commissions expense follows suit. &lt;/P&gt;
&lt;P&gt;The growth on a year-to-year basis of our organization that is evidenced by the above numbers directly impacts our financial results, both on the revenue side, and the expense side. As more sites are sold and maintained, the amount of marketing and travel commissions correspondingly increase, as do other volume related expenses, such as wage and benefit costs. As more sales are made, our entire infrastructure needs to keep pace with the sales volume. &lt;/P&gt;
&lt;P&gt;At YTB Marketing, we engage network marketing as our method of distribution of the online travel websites to new RTAs. Reps are recruited, trained, motivated, recognized, supported, and compensated for the sale of our travel websites. A number of Company-sponsored events and programs are conducted annually to assist Reps in the building of their businesses. Below are some events and programs that occur throughout the year that assist Reps in building their businesses, while also training our RTAs: &lt;/P&gt;
&lt;P&gt;· National Convention: The YTB National Convention has been conducted annually in St. Louis since 2003. The registration fee of $100 - $200 provides participants with four days of training, motivation, and recognition for sales achievement. Planned for the August 2008 National Convention is "YTB University," a two-day school of business building and travel sales classes, conducted by YTB’s leading field sales people, corporate staff, travel industry vendors and experts, and outside professionals. The final two days of the convention consist of a series of general sessions, comprised of instructional and motivational speakers, awards and recognition, special announcements, launch of contests, travel industry vendor presentations, and keynote speeches by our corporate founders and field leaders. In August 2007, attendance at the convention rose by over 200% relative to 2006, with 10,800 sales force individuals of our organization in attendance. It is anticipated that 2008 attendance could approach 20,000. &lt;/P&gt;
&lt;P&gt;Convention attendance follows by year: &lt;/P&gt;
&lt;P&gt;&amp;nbsp;..TR&amp;gt; Year&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Attendance2004&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 7002005&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 1,3002006&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 3,2002007&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 10,800&lt;BR&gt;&amp;nbsp;&lt;BR&gt;..TABLE&amp;gt;&lt;BR&gt;· Regional Meetings - Throughout the year our founders, corporate staff, and field leaders plan and participate in various regional meetings around the nation for Reps and RTAs. These events, ranging from single-evening to two-day meetings and seminars, involve some of the elements of our National Convention. Attendance can range from a few hundred to several thousand attendees. These events usually begin in January with a "Founders Tour," during which our founders travel to 60 - 70 cities to conduct meetings. &lt;/P&gt;
&lt;P&gt;· CRTA Events - These events - "RTA Certification" or "CRTAs" - are conducted by our Sales Directors, our top sales achievers. They are primarily for the benefit of new RTAs and Reps. There is a $149 tuition payment required to become certified, but there is no payment required to attend the event. The one-day course consists of travel and marketing training, and is conducted normally on weekends on a monthly basis in up to 30 to 40 cities around the nation. &lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;--------------------------------------------------------------------------------&lt;BR&gt;.. --&amp;gt;-------------------------------------------------------------------------------- --&amp;gt;&lt;BR&gt;· Coach’s Birthday Bash - A sales contest - "Coach’s Birthday Bash" - is launched annually at our National Convention and runs through the end of the year. The contest winners are treated to several days on a cruise or trip to an exotic location for socializing, recognition, and attendance of motivational and training seminars. &lt;/P&gt;
&lt;P&gt;Number of Winners of Coach’s Birthday Bash contest by year have been: &lt;BR&gt;&amp;nbsp;..TR&amp;gt; Jan. 2005&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 100Jan. 2006&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 200Jan. 2007&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 400Jan. 2008&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2,000&lt;BR&gt;&amp;nbsp;&lt;BR&gt;..TABLE&amp;gt;&lt;BR&gt;· Funshine Travel Trade Shows - Historically, twice annually, in the spring on the west coast and in the fall on the east coast, a "Funshine Travel Trade Show" is generally conducted and attended by upwards of 5,000 of our RTAs. The Funshine event features major national travel vendors conducting travel seminars and distributing their vacation materials on cruises, golf packages, hotels and resorts, theme parks, and US and European packages, among others. Event planning starts a year in advance for these travel events which features major vendors such as Disney, Carnival Cruises, Apple Vacations, Trafalgar Tours, and many more. In October 2007, over 5,000 RTAs attended the Funshine event that was held in Orlando, Florida. &lt;BR&gt;· YTB E-Campus - In October 2007, we launched "YTB E-Campus," a proprietary web-based training certification and testing program for our RTAs. The program was designed by Dr. Marc Mancini, the creative force behind some of the best-known and most successful training programs in the travel business. The YTB E-Campus instructional series is designed to be one of the most ambitious and comprehensive-training programs ever offered by a host agency and will initially consist of 10 unique courses. We have been introducing a new course every six to eight weeks. The first course, Overview of the Travel Industry, was launched in October 2007, and has been/will continue to be followed by courses on lodging, tours/groups, cruising, air, rail/car rentals, sales/service/marketing, and three courses on destination geography. Each course is interactive, instructionally sound and entertaining. TheAcademy.com, a San Antonio-based firm that specializes in travel-related training solutions, has designed the program’s web site. TheAcademy.com has built and currently manages several of the most prominent certification programs in the travel industry. &lt;/P&gt;
&lt;P&gt;These events contribute to rapid growth in the sales of online travel stores and also aid in the retention of Reps and RTAs throughout the year. &lt;/P&gt;
&lt;P&gt;Revenues &lt;/P&gt;
&lt;P&gt;Net revenues totaled $141,285,474 and $50,896,730 for the years ended December 31, 2007 and 2006, respectively. &lt;/P&gt;
&lt;P&gt;· Online travel store sales and monthly web hosting fee revenue increased $66,768,824 or 181.0% in 2007 to $103,656,435 from $36,887,611 in 2006. The increase was due to the significant growth of YTB Marketing and an accompanying increase in the number of active RTAs. We believe that the significant growth in RTAs was attributable to (i) the emerging market shift to the Internet for travel services which presents the opportunity for advancement of products and services by referral relationships, and (ii) the boom in home-based businesses. In addition, an increase in the sales price for websites to RTAs from $399.95 to $449.95 effective October 1, 2006 was also partially responsible for the increase. &lt;/P&gt;
&lt;P&gt;· Travel booking commissions for 2007 increased $13,131,541 or 178.3% in 2007 to $20,495,954 from $7,364,413 reported in 2006. The increase was attributable to an increase in the number of customers who utilized the Company as their travel provider in 2007, due to the significant growth in the number of RTAs. &lt;/P&gt;
&lt;P&gt;It should be noted that while only the commissions arising from our RTAs’ booking of travel services are reflected as a component of our revenues in our financial statements, we also keep track of the aggregate retail value of all travel services that are booked by our RTAs (which directly impacts our commission revenues). The value of such travel services increased 83.7% in 2007 to $414,480,364, from $225,676,569 in 2006. &lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;--------------------------------------------------------------------------------&lt;BR&gt;.. --&amp;gt;-------------------------------------------------------------------------------- --&amp;gt;&lt;BR&gt;· Training programs and marketing materials revenue increased in 2007 as compared to 2006 by $8,248,551 or 143.1% to $14,014,632 from $5,766,081. This increase was due to the significant growth of sales revenues primarily from training programs, sales aides and miscellaneous promotional and marketing materials purchased by an increasing number of Reps. Revenue from the sale of the "Success from Home" magazine, which began to be sold in 2006 but was sold in greater quantity in 2007, accounts for $3,369,494 million of the increase from 2006. Additional increases in 2007 stemmed from increases in training programs revenue and sales aides and miscellaneous marketing materials revenue in amounts of $1,092,022 and $336,603, respectively, compared to 2006. &lt;/P&gt;
&lt;P&gt;· Other revenue increased in 2007 as compared to 2006 by $2,239,828 or by 254.9% to $3,118,453 from $878,625 primarily due to the increase in convention revenue. &lt;/P&gt;
&lt;P&gt;Operating Expenses &lt;/P&gt;
&lt;P&gt;· Marketing commissions increased by $50,641,522 or 169.3% in 2007 to $80,550,029 from $29,908,507 in 2006. This increase was due to the significant increase in the number of active RTAs recruited by our Reps. The average payout went down as compared to 2006. This is due to a reduction in the percentage of marketing sales that were attributable to Reps achieving a Dream Bonus plus Leadership Bonus as compared to 2006, thereby reducing our average commission payouts to our Reps. &lt;/P&gt;
&lt;P&gt;· Travel commissions for the year ended December 31, 2007 increased $8,533,528 or 174.4% to $13,426,540 from $4,893,012 reported in the comparable prior year period. The increase was attributable to an increase in the number of customers utilizing the Company as their travel provider in 2007 due to the significant growth in the number of RTAs. &lt;/P&gt;
&lt;P&gt;· Depreciation and amortization was $1,151,548 for the year ended 2007 compared to $408,025 in 2006. This increase was due to the acquisition of $7.3 million of depreciable assets in 2007. The additions included the purchase of the old corporate headquarters, work on the new headquarters and IT equipment. &lt;/P&gt;
&lt;P&gt;· Marketing and selling expenses increased by $3,075,274 or 97.8% from $3,144,211 in the year 2006 to $6,219,485 in 2007. This increase was primarily due to "Success From Home" magazine expense of $4,002,230. Other increases resulted from the increase in CRTA events held, regional meetings, and the increase in number and size of open houses at our headquarters office called "Red Carpet" Days. &lt;/P&gt;
&lt;P&gt;· General and administrative expenses increased $18,319,066 or 98.5% to $36,915,025 for the year ended 2007 from $18,595,959 in 2006. As a percentage of total net revenues, these expenses were 26.1% in 2007 and 36.5% in 2006. The increase in general and administrative expense in 2007 was attributable to the significant growth in the number of active RTAs, resulting in increased costs associated with the growth in our infrastructure to support the increased volume. &lt;/P&gt;
&lt;P&gt;Variability of Results &lt;/P&gt;
&lt;P&gt;Our travel products and services gross bookings have increased from 2006 to 2007 due to an increase in the number of hosted websites and an increase in products and services sold to travel stores utilizing our unique private label agent-only web-based booking site. Cost of travel revenues have similarly increased from 2006 to 2007. &lt;/P&gt;
&lt;P&gt;As a result of our operating history in online commerce we are unable to accurately forecast our revenues. Our current and future expense levels are based predominantly on our operating plans. We may be unable to adjust spending in a timely manner to compensate for any unexpected revenue shortfall. Accordingly, any significant shortfall in revenues would likely have an adverse effect on our business, operating results and financial condition. Further, we currently intend to substantially increase our operating expenses to develop and offer new and expanded travel services, to fund increased sales and marketing and customer service operations and to further develop our technology and transaction processing systems. To the extent such expenses precede or are not subsequently followed by increased revenues, our operating results will fluctuate and net losses may be experienced in a given period. &lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;--------------------------------------------------------------------------------&lt;BR&gt;.. --&amp;gt;-------------------------------------------------------------------------------- --&amp;gt;&lt;BR&gt;We expect to experience fluctuations in our future operating results due to a variety of other factors, many of which are outside our control. Factors that may adversely affect our quarterly operating results include, but are not limited to (i) our ability to retain existing travel customers, attract new customers at a steady rate and maintain customer satisfaction, (ii) changes in travel product inventory availability from third party suppliers and commission rates paid by travel suppliers, (iii) the announcement or introduction of new or enhanced sites, services and products by us or by our competitors, (iv) general economic conditions specific to the Internet, online commerce or the travel industry, (v) the level of use of online services and consumer acceptance of the Internet and commercial online services for the purchase of consumer travel products and services such as those offered by us, (vi) our ability to upgrade and develop our systems and infrastructure and to attract new personnel in a timely and effective manner, (vii) the level of traffic on our online sites, &lt;BR&gt;(viii) technical difficulties, system downtime or Internet brownouts, (ix) the amount and timing of operating costs and capital expenditures relating to expansion of our business, operations and infrastructure, (x) governmental regulation and (xiii) unforeseen events affecting the travel industry, including terrorist activities similar to September 11 and the conflict in the Middle East. &lt;/P&gt;
&lt;P&gt;Another factor that may also impact whether there are periodic or long-term declines in our revenues is our ability to maintain our relationships both with contractual counter-parties whose travel services are sold by our RTAs and with other trade organizations. In 2007, one contractual counter-party, a provider of cruises, terminated its relationship with us, thereby preventing our RTAs from booking cruises or other services through that provider. While the commissions generated by travel sales through that cruise line provider were not material to our financial results, if a large number of travel service providers were to follow suit in a finite period of time, that would have an adverse impact on our revenues and overall financial condition during such period of time. In addition, in 2007, due to action taken by a large global trade organization, our RTAs lost the associated certification benefits. While such action does not impact our RTAs’ ability to book travel at all, similar actions that could be taken by other trade organizations could negatively impact our reputation and thereby cause a decline in our revenues. &lt;/P&gt;
&lt;P&gt;In addition to fluctuations triggered by specific events, we expect that we will experience seasonal fluctuations in the travel industry, Internet and commercial online and travel product purchases. We anticipate that travel bookings will typically increase during the first and second quarter in anticipation of summer travel and will typically decline during the third quarter. Internet and commercial online service usage and the rate of growth of such usage may be expected typically to decline during the summer. Depending on the extent to which the Internet and commercial online services are accepted as a travel sales medium, seasonality in the level of customer travel expenditures could become . . . &lt;/P&gt;
&lt;P&gt;&amp;nbsp;..TR&amp;gt;&amp;nbsp; &lt;BR&gt;..TABLE&amp;gt;Form 8-K for YTB INTERNATIONAL, INC. &lt;/P&gt;
&lt;P&gt;&lt;BR&gt;--------------------------------------------------------------------------------&lt;/P&gt;
&lt;P&gt;24-Mar-2008 &lt;/P&gt;
&lt;P&gt;Other Events, Financial Statements and Exhibits &lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;Item 8.01 Other Events. &lt;BR&gt;On March 20, 2008, YTB International, Inc. (the "Company") issued a press release announcing that the Company successfully held its First Annual Women of Distinction Conference, with over 500 women in attendance. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K. &lt;/P&gt;
&lt;P&gt;The information in this report, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"), and shall not be incorporated by reference in any registration statement or other document filed under the Securities Act or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filings, except as shall be expressly set forth by specific reference in such a filing. &lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;BR&gt;Item 9.01 Financial Statements and Exhibits. &lt;BR&gt;(d) Exhibits &lt;/P&gt;
&lt;P&gt;No. Description &lt;/P&gt;
&lt;P&gt;99.1 Press Release dated March 20, 2008 &lt;/P&gt;
&lt;P&gt;&amp;nbsp;..TR&amp;gt; Press Release Source: YTB International, Inc. &lt;BR&gt;..TABLE&amp;gt;&lt;/P&gt;
&lt;P&gt;YTB International, Inc. Offers European Tour Packages&lt;BR&gt;Friday March 14, 1:33 pm ET &lt;BR&gt;&amp;nbsp;..TR&amp;gt;&amp;nbsp; &lt;BR&gt;..TABLE&amp;gt;YTB Partners with Spring International Travel &amp;amp; Mandarin Voyages to Offer Exclusive Tours &lt;/P&gt;
&lt;P&gt;WOOD RIVER, Ill., March 14 "We are very pleased to welcome Sunrise Travel into the YTB family. This acquisition assists YTB in maintaining compliance in Ontario, which is of utmost importance to our organization," said J. Kim Sorensen, CEO of YTB Travel Network, a wholly-owned YTB subsidiary. "Careful research went into choosing an experienced, qualified travel agency and Sunrise Travel is a great fit for the YTB travel business." &lt;BR&gt;The acquisition of Sunrise Travel Service further broadens YTB’s ongoing expansion into Canada, which began last month. This purchase also provides YTB with a competitive advantage in three very lucrative markets: Leisure, Honeymoon, and Corporate Travel, all of which are areas of expertise for Sunrise Travel Service. Additionally, Sunrise Travel Service has developed a niche market for travel to Europe and the Middle East, which will serve to broaden YTB’s international travel offerings and create even more opportunities for the thousands of YTB RTAs who have already joined in Canada. &lt;/P&gt;
&lt;P&gt;About YTB International &lt;/P&gt;
&lt;P&gt;Recognized as the 35th largest seller of travel in the U.S. in 2006 by Travel Weekly, YTB International, Inc. provides Internet-based travel booking services for home-based independent representatives in the United States, Puerto Rico, the Bahamas, Canada, Bermuda, and the U.S. Virgin Islands. &lt;/P&gt;
&lt;P&gt;It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. YourTravelBiz.com focuses on marketing online travel websites through a nationwide network of independent business people, known as ’Reps.’ YTB Travel Network establishes and maintains travel vendor relationships, processes travel transactions of online travel agents and affiliates, collects travel commissions and pays sales commissions. Each RTA directs consumers to the YTB Internet-based travel website. REZconnect Technologies hosts a travel agency for traditional travel agents and offers franchises of brick and mortar travel agencies. For more information, visit &lt;A href="http://www.msplinks.com/MDFodHRwOi8vd3d3Lnl0YmkuY29tL2ludmVzdG9y"&gt;&lt;FONT color=#003399&gt;http://www.ytbi.com/investor&lt;/FONT&gt;&lt;/A&gt;. &lt;/P&gt;
&lt;P&gt;Statements about the Company’s future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company’s actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. &lt;/P&gt;
&lt;P&gt;&lt;BR&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp; Investor Contact:&amp;nbsp;&amp;nbsp;&amp;nbsp; Garth Russell / Yemi Rose&amp;nbsp;&amp;nbsp;&amp;nbsp; KCSA Worldwide for YTB International, Inc.&amp;nbsp;&amp;nbsp;&amp;nbsp; Phone: 212.896.1250 / 212.896.1233&lt;/P&gt;
&lt;P&gt;&lt;BR&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;BR&gt;--------------------------------------------------------------------------------&lt;/P&gt;
&lt;P&gt;Source: YTB International, Inc&lt;/P&gt;
&lt;P&gt;&amp;nbsp;Press Release Source: YTB International, Inc. &lt;/P&gt;
&lt;P&gt;&lt;BR&gt;YTB International, Inc. Acquires Sunrise Travel Service&lt;BR&gt;Wednesday March 5, 4:20 pm ET &lt;BR&gt;Award-Winning Agency Benefits YTB’s Expansion Into Canada &lt;/P&gt;
&lt;P&gt;WOOD RIVER, Ill., March 5 /PRNewswire-FirstCall/ -- YTB International, Inc. (OTC Pink Sheets: YTBLA - News; "YTB" or the "Company"), a leading international provider of Internet-based travel websites and home-based independent representatives, today announced the purchase of award-winning travel agency, Sunrise Travel Service, located in Ontario, Canada. Sunrise Travel Service’s travel agents, with more than twenty years of combined industry experience, will remain with the agency as YTB employees&lt;/P&gt;</description><dc:creator>Brenden Bowman</dc:creator><dc:date>2008-04-07T07:04:00Z</dc:date></item><item rdf:about="http://vacation.brendentravels.com/2007/11/11/boston-ma-the-big-digit------203.aspx?ref=rss"><title>Boston, MA: The Big Dig-It      $203</title><link>http://vacation.brendentravels.com/2007/11/11/boston-ma-the-big-digit------203.aspx?ref=rss</link><description>&lt;DIV&gt;&lt;STRONG&gt;My next trip i think i am going to take.&lt;BR&gt;&lt;BR&gt;Boston, MA: The Big Dig-It&lt;BR&gt;&lt;/STRONG&gt;&lt;EM&gt;Lobsters, fall leaves, the Red Sox, and American history--there's nothing like the exuberant tea-party blend that is Boston.&lt;/EM&gt;&lt;BR&gt;&lt;BR&gt;&lt;B&gt;Where to blow a paycheck:&lt;/B&gt; Located behind Faneuil Hall, the historic Quincy Market is chock-a-block with retail clothing stores, sweet shops selling candy lobsters, and even a comedy club. Along the outdoor walkways and plazas, you'll wander upon spontaneous performances ranging from hip-hop-dancing kids to rabbit-pulling magicians. &lt;BR&gt;&lt;BR&gt;&lt;B&gt;Where the locals go:&lt;/B&gt; Make a night of hanging around the theatre district. After admiring the Orpheum Theatre, turn it up a notch at The Roxy, a nightclub famous for its grand art deco ballroom complete with red velvet, gold trimmings, and 1920s chandeliers. It's been updated to the modern age with DJ turntables and 3-D laser light shows. &lt;BR&gt;&lt;BR&gt;&lt;B&gt;Chill-out spot:&lt;/B&gt; Once a cattle-grazing ground, and later the scene of public hangings, the Boston Common mood stays serene these days with an outdoor gathering area where the paddle boats look like swans and the combined effect looks borrowed from an Impressionist painting. The Commons is one of the oldest public parks in the country. &lt;BR&gt;&lt;BR&gt;&lt;B&gt;Local flavor:&lt;/B&gt; When it comes to the New England clam chowder (or, in local parlance, "chowdah"), the creamier the better, with lots of potatoes and bacon--and none of that fussy red tomato stuff they use down south in New York City. Sprinkle your soup with some oyster crackers and chase it down with a perfectly chilled Samuel Adams brew. &lt;BR&gt;&lt;BR&gt;&lt;B&gt;Get out of dodge:&lt;/B&gt; Revel in the collegiate atmosphere of Harvard Square, which is lined with bars and restaurants, including Pinocchio's, which some say serves the best pizza in the area. A walk around campus reveals ivy-covered buildings, theatres, chapels, a state-of-the-art library, and the beguilingly old-fashioned Peabody Museum. If you get thirsty, step into student favorite Grendel's Den. &lt;BR&gt;&lt;BR&gt;&lt;B&gt;History lesson:&lt;/B&gt; Don your best knickers and white-haired wig (okay, you don't really have to dress up like that, but it helps set the mood) along the Freedom Trail, which has 16 nationally significant historic sights alone. Other school-book attractions include Bunker Hill Monument, Paul Revere's house, North Church, and the U.S.S. Constitution&lt;/DIV&gt;</description><dc:subject>my wish trips</dc:subject><dc:creator>Brenden Bowman</dc:creator><dc:date>2007-11-11T08:54:00Z</dc:date></item><item rdf:about="http://vacation.brendentravels.com/2007/11/11/brenden-travels-tech-stuff.aspx?ref=rss"><title>Brenden travels tech stuff</title><link>http://vacation.brendentravels.com/2007/11/11/brenden-travels-tech-stuff.aspx?ref=rss</link><description>&lt;a href="http://www.brendentravels.com&lt;A"&gt;www.brendentravels.com&lt;A&lt;/a&gt; href="http://www.feeds4all.com/"&gt;&lt;BR&gt;&amp;nbsp;&lt;BR&gt;&lt;BR&gt;&amp;nbsp;&lt;BR&gt;&lt;BR&gt;&lt;IMG height=15 alt="Webfeed (RSS/ATOM/RDF) registered at &lt;a href="http://www.feeds4all.com""&gt;www.feeds4all.com"&lt;/a&gt; src="http://www.feeds4all.com/images/feeds4all_bannernl.gif" width=80 border=0&gt; &lt;/A&gt;
&lt;DIV&gt;&lt;/DIV&gt;&lt;A title="Find Blogs in the Blog&amp;#13;&amp;#10;Directory" href="http://www.getblogs.com/"&gt;&lt;IMG alt="Find Blogs in the Blog&amp;#13;&amp;#10;Directory" src="http://www.getblogs.com/getblogs8.gif"&gt;&lt;/A&gt;&lt;A href="http://www.theweblogreview.com/"&gt;The Weblog Review&lt;/A&gt; &lt;A title="The Weblog Directory" href="http://www.wilsdomain.com/"&gt;&lt;B&gt;Blog Directory&lt;/B&gt;&lt;/A&gt; </description><dc:subject>Tech Stuff</dc:subject><dc:creator>Brenden Bowman</dc:creator><dc:date>2007-11-11T07:30:00Z</dc:date></item><item rdf:about="http://vacation.brendentravels.com/2007/11/10/techie-s-4.aspx?ref=rss"><title>techie s 4</title><link>http://vacation.brendentravels.com/2007/11/10/techie-s-4.aspx?ref=rss</link><description>&lt;a href="http://www.blurtit.com/"&gt;&lt;img src="http://www.blurtit.com/res/en/banner/blurtit_banner2.jpg" title="Blurtit" border="0"/&gt;&lt;/a&gt;&lt;div&gt;&lt;/div&gt;</description><dc:subject>Tech Stuff</dc:subject><dc:creator>Brenden Bowman</dc:creator><dc:date>2007-11-11T06:40:00Z</dc:date></item><item rdf:about="http://vacation.brendentravels.com/2007/11/10/techie-stuff3.aspx?ref=rss"><title>techie stuff3</title><link>http://vacation.brendentravels.com/2007/11/10/techie-stuff3.aspx?ref=rss</link><description>&lt;div&gt;&lt;a href="http://www.blogdigger.com/" alt="Blogdigger Blog Search Engine"/&gt;&lt;img src="http://www.blogdigger.com/images/blogdigger2.gif" border="0"/&gt;&lt;/a&gt;div&gt;</description><dc:subject>Tech Stuff</dc:subject><dc:creator>Brenden Bowman</dc:creator><dc:date>2007-11-11T05:37:00Z</dc:date></item><item rdf:about="http://vacation.brendentravels.com/2007/11/10/techie-stuff-2.aspx?ref=rss"><title>techie stuff 2</title><link>http://vacation.brendentravels.com/2007/11/10/techie-stuff-2.aspx?ref=rss</link><description>&lt;div&gt;&lt;/div&gt;&lt;a href="http://pinger.blogflux.com/"&gt;&lt;img src="http://pinger.blogflux.com/80x15.gif" alt="Blog Flux Pinger - reliable ping service." style="width:80px;height:15px;border:none;"&gt;&lt;/a&gt;</description><dc:subject>Tech Stuff</dc:subject><dc:creator>Brenden Bowman</dc:creator><dc:date>2007-11-11T04:48:00Z</dc:date></item><item rdf:about="http://vacation.brendentravels.com/2007/11/07/rss-feed-for-brendentravelscom.aspx?ref=rss"><title>rss feed for brendentravels.com</title><link>http://vacation.brendentravels.com/2007/11/07/rss-feed-for-brendentravelscom.aspx?ref=rss</link><description>&lt;DIV&gt;&lt;A href="http://rss.icerocket.com/xmlfeed?id=9759"&gt;&lt;IMG height=14 src="http://rss.icerocket.com/img/xml.gif" width=36&gt;&lt;/A&gt; &lt;LINK title="RSS 2.0" href="http://rss.icerocket.com/xmlfeed?id=9759" type=application/rss+xml rel=alternate&gt;&lt;A title="Add news from this site to your My Yahoo! page" href="http://add.my.yahoo.com/rss?url=http://rss.icerocket.com/xmlfeed?id=9759"&gt;&lt;IMG height=17 alt="Add to My Yahoo!" src="http://rss.icerocket.com/img/addmyyahoo.gif" width=91 border=0&gt;&lt;/A&gt;&lt;/DIV&gt;
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&lt;NOSCRIPT&gt;&lt;/NOSCRIPT&gt;</description><dc:subject>Techie Stuff</dc:subject><dc:creator>Brenden Bowman</dc:creator><dc:date>2007-11-08T00:50:00Z</dc:date></item><item rdf:about="http://vacation.brendentravels.com/2007/11/07/what-an-opportunity.aspx?ref=rss"><title>What an opportunity</title><link>http://vacation.brendentravels.com/2007/11/07/what-an-opportunity.aspx?ref=rss</link><description>&lt;DIV&gt;
&lt;H3 class=title-sub-sm align=left&gt;&lt;STRONG&gt;&lt;FONT face="Verdana, Arial, Helvetica, sans-serif" color=#ff9900&gt;The YTB Opportunity&lt;A id=opportunity name=opportunity&gt;&lt;/A&gt;&lt;/FONT&gt;&lt;/STRONG&gt;&lt;/H3&gt;
&lt;P align=justify&gt;&lt;FONT face="Verdana, Arial, Helvetica, sans-serif" size=2&gt;&lt;STRONG&gt;Trend One:&lt;/STRONG&gt;&lt;BR&gt;Travel is an industry that is just realizing its remarkable potential in the marketplace. The industry pulls approximately $1.3 trillion annually in the U.S. alone and almost $7 trillion worldwide, making it the fastest growing industry in the world. It is growing 23% faster than the global economy. With such growth, a boom is on the horizon. In fact, travel is expected to double to $14 trillion worldwide in the next 10 years. Of that economy, tourism accounts for almost 11 percent of all consumer spending worldwide. Travel spending alone averages $1.4 billion PER DAY, that’s $59 million per hour. &lt;BR&gt;&lt;STRONG&gt;&lt;BR&gt;Trend Two:&lt;/STRONG&gt;&lt;BR&gt;Baby boomers - the generation born between 1946 and 1964 - have a huge effect on trends and opportunity and will have a huge effect on the travel industry. There are nearly one billion baby boomers worldwide and the first of them are turning 60. These 60-year-olds are facing retirement, which occurs at a rate of one person per eight seconds for the next 20 years. And what will these newly retired baby boomers do when they retire? Travel, of course. &lt;BR&gt;&lt;BR&gt;&lt;STRONG&gt;Trend Three:&lt;/STRONG&gt;&lt;BR&gt;Every three seconds a new person goes online. Consumers are already spending billions on the internet, and travel is the fastest-growing segment of that trend. While five years ago, people primarily made small purchases only, today people have become comfortable buying things such as cars, homes, and of course travel, online. Consumers use the Internet to become better informed, save time, and save money and booking of travel online is perhaps the most successful niche of all the world’s e-commerce efforts. Use of the Internet to book travel continues to increase, with more than 80 million Americans booking online travel each year. The majority (83%) of online consumers are using the Internet to do at least half of all their travel booking. &lt;BR&gt;&lt;BR&gt;&lt;STRONG&gt;Trend Four: &lt;/STRONG&gt;&lt;BR&gt;Statistics show that small and home-based businesses are the fastest-growing segments of the U.S. economy. Home-Based travel sellers are the fastest-growing segment of the travel agency community. Statistics say that 74% of all individuals who have acquired huge wealth, have done it by being self-employed business owners. When surveyed, 96% of people between the ages of 25 and 44 said they wanted to have their own business, but they just didn’t know how to get started! With large and mid-sized companies downsizing and outsourcing, corporate America offers little promise for job security. That's why people are turning to home-based businesses as a high performance vehicle that can take them into the future along with big time earnings and tax advantages.&lt;/FONT&gt;&lt;/P&gt;
&lt;P align=justify&gt;&lt;FONT face="Verdana, Arial, Helvetica, sans-serif" size=2&gt;&lt;STRONG&gt;Flawless Combination&lt;/STRONG&gt;&lt;BR&gt;YTB brings you the perfect opportunity to transform your life through combining the fun of travel with the speed of the Internet, multiplied by the power of home-based business and referral marketing to provide YOU with the ultimate home-based business solution. YTB is taking the world by storm!! &lt;BR&gt;&lt;BR&gt;By combining an advantage-rich, home-based business (built around the Internet) with an extremely lucrative (and copyrighted) compensation plan, YTB has become "The Choice" for thousands of opportunity seekers. &lt;BR&gt;&lt;BR&gt;In today's marketplace, myriads of companies seek your time and attention, each claiming that their opportunity is the best. By combining the powerful information handling capability of the Internet with the world’s most dynamic product (TRAVEL) and the personal touch of independent, home-based business people, YTB has joined these three trends together in a flawless combination. The Internet is opening the doors to the riches of travel as never before. By utilizing our simple strategies and proven techniques we can show you how to leverage your time to generate a residual income 24 hours a day, 7 days a week.&lt;/FONT&gt;&lt;/P&gt;
&lt;P align=justify&gt;&lt;FONT face="Verdana, Arial, Helvetica, sans-serif" size=2&gt;&lt;STRONG&gt;Most everyone knows that...&lt;/STRONG&gt;&lt;BR&gt;“The best way to succeed is to find out where people are going and to get there before the masses do!” That is the extreme significance of trends. If we can place ourselves or better yet position “ourselves” on the leading edge of these trends; our future can change dramatically! The forecast is clear. Those that position themselves to take advantage of the four fastest growing trends will change their financial future forever. &lt;BR&gt;&lt;BR&gt;YTB now offers you the ultimate leverage to start your own home-based business by combining the powerful e-commerce and information handling capabilities of the Internet with the world’s most dynamic product (Travel) and the personal touch of independent, home-based business people and the positioning to take advantage of the baby boomers. YTB has joined these trends together in a complete flawless combination. By utilizing our simple strategies and proven techniques we can show you how to leverage your time to generate a residual income 24 hours a day, 7 days a week. You can easily be part of this!! &lt;A href="http://www.ytbpathtosuccess.com/presentation/" target=_blank&gt;See this presentation.&lt;/A&gt;&lt;/FONT&gt;&lt;/P&gt;&lt;/DIV&gt;</description><dc:subject>Opportunity Success Stories</dc:subject><dc:creator>Brenden Bowman</dc:creator><dc:date>2007-11-08T00:12:00Z</dc:date></item><item rdf:about="http://vacation.brendentravels.com/2007/11/07/maui-vacation.aspx?ref=rss"><title>Maui Vacation</title><link>http://vacation.brendentravels.com/2007/11/07/maui-vacation.aspx?ref=rss</link><description>&lt;DIV&gt;&lt;/DIV&gt;&lt;BR&gt;The Maui Tide Pools beaches are so pretty.&lt;BR&gt;&lt;BR&gt;&lt;BR&gt;</description><dc:subject>Vacation</dc:subject><dc:creator>Brenden Bowman</dc:creator><dc:date>2007-11-08T00:07:00Z</dc:date></item><item rdf:about="http://vacation.brendentravels.com/2007/11/07/hawaii-travel.aspx?ref=rss"><title>Hawaii Travel</title><link>http://vacation.brendentravels.com/2007/11/07/hawaii-travel.aspx?ref=rss</link><description>&lt;DIV&gt;&lt;/DIV&gt;&lt;BR&gt;Hawaii Travel Deals;&lt;BR&gt;&amp;nbsp;&lt;BR&gt;"i had a great time o n my last trip to hawaii just see for yourself"&lt;BR&gt;&lt;BR&gt;&lt;BR&gt;</description><dc:subject>Vacation</dc:subject><dc:creator>Brenden Bowman</dc:creator><dc:date>2007-11-07T23:52:00Z</dc:date></item></rdf:RDF>
