Case Doc 1 Filed 05/26/10 Entered 05/26/10 14:43:09 Desc Main Document Page 1 of 43. Health Care Business Single Asset Real Estate as defined

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1 }bk1{form 1. Voluntary Petition}bk{ B1 (fficial Form 1)(4/10) ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 1 of 43 ame of ebtor (if individual, enter Last, First, Middle): raylor Multimedia, nc. nited States Bankruptcy ourt istrict of Massachusetts ame of Joint ebtor (Spouse) (Last, First, Middle): Voluntary Petition All ther ames used by the ebtor in the last 8 years (include married, maiden, and trade names): BA 360K All ther ames used by the Joint ebtor in the last 8 years (include married, maiden, and trade names): Last four digits of Soc. Sec. or ndividualaxpayer.. () o./omplete (if more than one, state all) Street Address of ebtor (o. and Street, ity, and State): 124 Watertown Street, #3H Watertown, MA ZP ode ounty of Residence or of the Principal Place of Business: Middlesex Mailing Address of ebtor (if different from street address): Last four digits of Soc. Sec. or ndividualaxpayer.. () o./omplete (if more than one, state all) Street Address of Joint ebtor (o. and Street, ity, and State): ounty of Residence or of the Principal Place of Business: Mailing Address of Joint ebtor (if different from street address): ZP ode ZP ode ZP ode Location of Principal Assets of Business ebtor (if different from street address above): ype of ebtor (Form of rganization) (heck one box) ndividual (includes Joint ebtors) See xhibit on page 2 of this form. orporation (includes LL and LLP) Partnership ther (f debtor is not one of the above entities, check this box and state type of entity below.) Full Filing Fee attached Filing Fee (heck one box) ature of Business (heck one box) Health are Business Single Asset Real state as defined in 11.S (51B) Railroad Stockbroker ommodity Broker learing Bank ther axxempt ntity (heck box, if applicable) ebtor is a taxexempt organization under itle 26 of the nited States ode (the nternal Revenue ode). Filing Fee to be paid in installments (applicable to individuals only). Must attach signed application for the court's consideration certifying that the debtor is unable to pay fee except in installments. Rule 1006(b). See fficial Form 3A. Filing Fee waiver requested (applicable to chapter 7 individuals only). Must attach signed application for the court's consideration. See fficial Form 3B. Statistical/Administrative nformation ebtor estimates that funds will be available for distribution to unsecured creditors. ebtor estimates that, after any exempt property is excluded and administrative expenses paid, there will be no funds available for distribution to unsecured creditors. stimated umber of reditors hapter 7 hapter 9 hapter 11 hapter 12 hapter ,000 5,001 10,001 25,001 50,001 VR ,000 10,000 25,000 50, , ,000 stimated Assets $0 to $50,001 to $100,001 to $500,001 $1,000,001 $10,000,001 $50,000,001 $100,000,001 $500,000,001 More than $50,000 $100,000 $500,000 to $1 to $10 to $50 to $100 to $500 to $1 billion $1 billion million million million million million stimated Liabilities $0 to $50,001 to $100,001 to $500,001 $1,000,001 $10,000,001 $50,000,001 $100,000,001 $500,000,001 More than $50,000 $100,000 $500,000 to $1 to $10 to $50 to $100 to $500 to $1 billion $1 billion million million million million million hapter of Bankruptcy ode nder Which the Petition is Filed (heck one box) hapter 15 Petition for Recognition of a Foreign Main Proceeding hapter 15 Petition for Recognition of a Foreign onmain Proceeding ature of ebts (heck one box) ebts are primarily consumer debts, defined in 11.S.. 101(8) as "incurred by an individual primarily for a personal, family, or household purpose." ebts are primarily business debts. heck one box: hapter 11 ebtors ebtor is a small business debtor as defined in 11.S.. 101(51). ebtor is not a small business debtor as defined in 11.S.. 101(51). heck if: ebtor s aggregate noncontingent liquidated debts (excluding debts owed to insiders or affiliates) are less than $2,343,300 (amount subject to adjustment on 4/01/13 and every three years thereafter). heck all applicable boxes: A plan is being filed with this petition. Acceptances of the plan were solicited prepetition from one or more classes of creditors, in accordance with 11.S (b). HS SPA S FR R S LY

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5 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 5 of 43 B4 (fficial Form 4) (12/07) nited States Bankruptcy ourt istrict of Massachusetts n re raylor Multimedia, nc. ase o. ebtor(s) hapter 11 LS F RRS HLG 20 LARGS SR LAMS Following is the list of the debtor's creditors holding the 20 largest unsecured claims. he list is prepared in accordance with Fed. R. Bankr. P. 1007(d) for filing in this chapter 11 [or chapter 9] case. he list does not include (1) persons who come within the definition of "insider" set forth in 11.S.. 101, or (2) secured creditors unless the value of the collateral is such that the unsecured deficiency places the creditor among the holders of the 20 largest unsecured claims. f a minor child is one of the creditors holding the 20 largest unsecured claims, state the child's initials and the name and address of the child's parent or guardian, such as "A.B., a minor child, by John oe, guardian." o not disclose the child's name. See 11.S.. 112; Fed. R. Bankr. P. 1007(m). (1) (2) (3) (4) (5) ame of creditor and complete mailing address including zip code Abrams, LittleGill, Loberfeld, P Boylston Street hestnut Hill, MA Advanta Bank orp. P.. Box 8088 Philadelphia, PA American xpress P.. Bxo 1270 ewark, J Bank of America P.. Box Wilmington, Bank of America P.. Box Wilmington, Bonnie raylor 81 roft Regis Street Westwood, MA avid Benman 7817 hevoit ourt Fayetteville, Y mily reat 234 Moffat Road ewton, MA Financial Framework LLP P.. Box 165 Arlington, MA Fraser, Milner, asgrain, LLP 1 First andian Place 100 King oronto, M5X 1B2 Leah sterman 258 Virginia Farme Lane arlisle, MA ame, telephone number and complete mailing address, including zip code, of employee, agent, or department of creditor familiar with claim who may be contacted Abrams, LittleGill, Loberfeld, P Boylston Street hestnut Hill, MA Advanta Bank orp. P.. Box 8088 Philadelphia, PA American xpress P.. Bxo 1270 ewark, J Bank of America P.. Box Wilmington, Bank of America P.. Box Wilmington, Bonnie raylor 81 roft Regis Street Westwood, MA avid Benman 7817 hevoit ourt Fayetteville, Y mily reat 234 Moffat Road ewton, MA Financial Framework LLP P.. Box 165 Arlington, MA Fraser, Milner, asgrain, LLP 1 First andian Place 100 King Leah sterman 258 Virginia Farme Lane arlisle, MA ature of claim (trade debt, bank loan, government contract, etc.) ndicate if claim is contingent, unliquidated, disputed, or subject to setoff Amount of claim [if secured, also state value of security] 6, , , , , , , , , , , Software opyright (c) Best ase Solutions vanston, L bestcase.com

6 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 6 of 43 B4 (fficial Form 4) (12/07) ont. n re raylor Multimedia, nc. ase o. ebtor(s) LS F RRS HLG 20 LARGS SR LAMS (ontinuation Sheet) (1) (2) (3) (4) (5) ame of creditor and complete mailing address including zip code Lynne M. Robertson 560 Scott Street, Apt. 302 San Francisco, A Mary Blunt 45 Greenwood Avenue eedham, MA P.L. Hingorani, as rustee of evi rust 51 Mount Joy rive ewksbury, MA Shannon Anderson 41 Preston Street Wakefield, MA Sharon Bilman 363 7th Street, 1L Brooklyn, Y She s igital, nc. 305 atlin Road ary, he Property and asualty nitiative LL 211 ongress Street, 4th Floor Boston, MA VJ leaning Services P.. Box 296 Lynn, MA Wells Fargo Business irect P.. Box Sacramento, A ame, telephone number and complete mailing address, including zip code, of employee, agent, or department of creditor familiar with claim who may be contacted Lynne M. Robertson 560 Scott Street, Apt. 302 San Francisco, A Mary Blunt 45 Greenwood Avenue eedham, MA P.L. Hingorani, as rustee of evi rust 51 Mount Joy rive ewksbury, MA Shannon Anderson 41 Preston Street Wakefield, MA Sharon Bilman 363 7th Street, 1L Brooklyn, Y She s igital, nc. 305 atlin Road ary, he Property and asualty nitiative LL 211 ongress Street, 4th Floor Boston, MA VJ leaning Services P.. Box 296 Lynn, MA Wells Fargo Business irect P.. Box Sacramento, A ature of claim (trade debt, bank loan, government contract, etc.) All Assets 2nd Security nterest ndicate if claim is contingent, unliquidated, disputed, or subject to setoff LARA R PALY F PRJRY BHALF F A RPRA R PARRSHP Amount of claim [if secured, also state value of security] 4, , , , , , , (179, secured) 6, ,059.80, the President, reasurer and irector of the corporation named as the debtor in this case, declare under penalty of perjury that have read the foregoing list and that it is true and correct to the best of my information and belief. ate May 26, 2010 Signature /s/ Scott raylor Scott raylor President, reasurer and irector Penalty for making a false statement or concealing property: Fine of up to $500,000 or imprisonment for up to 5 years or both. 18.S and Software opyright (c) Best ase Solutions vanston, L bestcase.com

7 }bk1{form 6. Sumary of Schedules}bk{ ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 7 of 43 B6 Summary (fficial Form 6 Summary) (12/07) nited States Bankruptcy ourt istrict of Massachusetts n re raylor Multimedia, nc. ebtor, ase o. hapter 11 SMMARY F SHLS ndicate as to each schedule whether that schedule is attached and state the number of pages in each. Report the totals from Schedules A, B,,, F,, and J in the boxes provided. Add the amounts from Schedules A and B to determine the total amount of the debtor s assets. Add the amounts of all claims from Schedules,, and F to determine the total amount of the debtor s liabilities. ndividual debtors must also complete the "Statistical Summary of ertain Liabilities and Related ata" if they file a case under chapter 7, 11, or 13. AM F SHL AAH. F ASSS LABLS HR (YS/) SHS A Real Property Yes B Personal Property Yes 3 179, Property laimed as xempt Yes 1 reditors Holding Secured laims Yes 1 222, reditors Holding nsecured Priority laims (otal of laims on Schedule ) Yes F reditors Holding nsecured onpriority laims Yes 9 355, G xecutory ontracts and nexpired Leases Yes 1 H odebtors Yes 1 urrent ncome of ndividual ebtor(s) J urrent xpenditures of ndividual ebtor(s) otal umber of Sheets of ALL Schedules o o 0 /A 0 /A 18 otal Assets 179, otal Liabilities 578, Software opyright (c) Best ase Solutions vanston, L

8 }bk1{form 6. Statistical Sumary of ertain Liabilities and Related ata}bk{ ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 8 of 43 Form 6 Statistical Summary (12/07) nited States Bankruptcy ourt istrict of Massachusetts n re raylor Multimedia, nc. ebtor, ase o. hapter 11 SASAL SMMARY F RA LABLS A RLA AA (28.S.. 159) f you are an individual debtor whose debts are primarily consumer debts, as defined in 101(8) of the Bankruptcy ode (11.S.. 101(8)), filing a case under chapter 7, 11 or 13, you must report all information requested below. heck this box if you are an individual debtor whose debts are primarily consumer debts. You are not required to report any information here. his information is for statistical purposes only under 28.S Summarize the following types of liabilities, as reported in the Schedules, and total them. ype of Liability Amount omestic Support bligations (from Schedule ) axes and ertain ther ebts wed to Governmental nits (from Schedule ) laims for eath or Personal njury While ebtor Was ntoxicated (from Schedule ) (whether disputed or undisputed) Student Loan bligations (from Schedule F) omestic Support, Separation Agreement, and ivorce ecree bligations ot Reported on Schedule bligations to Pension or ProfitSharing, and ther Similar bligations (from Schedule F) AL State the following: Average ncome (from Schedule, Line 16) Average xpenses (from Schedule J, Line 18) urrent Monthly ncome (from Form 22A Line 12; R, Form 22B Line 11; R, Form 22 Line 20 ) State the following: 1. otal from Schedule, "SR PR, F AY" column 2. otal from Schedule, "AM L PRRY" column 3. otal from Schedule, "AM L PRRY, F AY" column 4. otal from Schedule F 5. otal of nonpriority unsecured debt (sum of 1, 3, and 4) Software opyright (c) Best ase Solutions vanston, L

9 }bk1{schedule A Real Property}bk{ B6A (fficial Form 6A) (12/07) ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 9 of 43 n re raylor Multimedia, nc. ebtor, ase o. SHL A RAL PRPRY xcept as directed below, list all real property in which the debtor has any legal, equitable, or future interest, including all property owned as a cotenant, community property, or in which the debtor has a life estate. nclude any property in which the debtor holds rights and powers exercisable for the debtor's own benefit. f the debtor is married, state whether husband, wife, both, or the marital community own the property by placing an "H," "W," "J," or "" in the column labeled "Husband, Wife, Joint, or ommunity." f the debtor holds no interest in real property, write "one" under "escription and Location of Property." o not include interests in executory contracts and unexpired leases on this schedule. List them in Schedule G xecutory ontracts and nexpired Leases. f an entity claims to have a lien or hold a secured interest in any property, state the amount of the secured claim. See Schedule. f no entity claims to hold a secured interest in the property, write "one" in the column labeled "Amount of Secured laim." f the debtor is an individual or if a joint petition is filed, state the amount of any exemption claimed in the property only in Schedule Property laimed as xempt. escription and Location of Property ature of ebtor's nterest in Property Husband, Wife, Joint, or ommunity urrent Value of ebtor's nterest in Property, without educting any Secured laim or xemption Amount of Secured laim one Subotal > 0.00 (otal of this page) 0 continuation sheets attached to the Schedule of Real Property otal > 0.00 (Report also on Summary of Schedules) Software opyright (c) Best ase Solutions vanston, L

10 }bk1{schedule B Personal Property}bk{ B6B (fficial Form 6B) (12/07) ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 10 of 43 n re raylor Multimedia, nc. ebtor, ase o. xcept as directed below, list all personal property of the debtor of whatever kind. f the debtor has no property in one or more of the categories, place an "x" in the appropriate position in the column labeled "one." f additional space is needed in any category, attach a separate sheet properly identified with the case name, case number, and the number of the category. f the debtor is married, state whether husband, wife, both, or the marital community own the property by placing an "H," "W," "J," or "" in the column labeled "Husband, Wife, Joint, or ommunity." f the debtor is an individual or a joint petition is filed, state the amount of any exemptions claimed only in Schedule Property laimed as xempt. o not list interests in executory contracts and unexpired leases on this schedule. List them in Schedule G xecutory ontracts and nexpired Leases. f the property is being held for the debtor by someone else, state that person's name and address under "escription and Location of Property." f the property is being held for a minor child, simply state the child's initials and the name and address of the child's parent or guardian, such as "A.B., a minor child, by John oe, guardian." o not disclose the child's name. See, 11.S and Fed. R. Bankr. P. 1007(m). ype of Property 1. ash on hand X SHL B PRSAL PRPRY escription and Location of Property Husband, Wife, Joint, or ommunity urrent Value of ebtor's nterest in Property, without educting any Secured laim or xemption 2. hecking, savings or other financial accounts, certificates of deposit, or shares in banks, savings and loan, thrift, building and loan, and homestead associations, or credit unions, brokerage houses, or cooperatives. 3. Security deposits with public utilities, telephone companies, landlords, and others. Sovereign Bank hecking Account (...692) 9, Sovereign Bank Savings Account (...569) Sovereign Bank Savings Account (..551) Security eposit Held by Landlord 3, Household goods and furnishings, including audio, video, and computer equipment. 5. Books, pictures and other art objects, antiques, stamp, coin, record, tape, compact disc, and other collections or collectibles. X X 6. Wearing apparel. X 7. Furs and jewelry. X 8. Firearms and sports, photographic, and other hobby equipment. 9. nterests in insurance policies. ame insurance company of each policy and itemize surrender or refund value of each. 10. Annuities. temize and name each issuer. X X X Subotal > (otal of this page) 12, continuation sheets attached to the Schedule of Personal Property Software opyright (c) Best ase Solutions vanston, L

11 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 11 of 43 B6B (fficial Form 6B) (12/07) ont. n re raylor Multimedia, nc. ebtor, ase o. SHL B PRSAL PRPRY (ontinuation Sheet) ype of Property escription and Location of Property Husband, Wife, Joint, or ommunity urrent Value of ebtor's nterest in Property, without educting any Secured laim or xemption 11. nterests in an education RA as defined in 26.S.. 530(b)(1) or under a qualified State tuition plan as defined in 26.S.. 529(b)(1). Give particulars. (File separately the record(s) of any such interest(s). 11.S.. 521(c).) X 12. nterests in RA, RSA, Keogh, or other pension or profit sharing plans. Give particulars. X 13. Stock and interests in incorporated and unincorporated businesses. temize. X 14. nterests in partnerships or joint ventures. temize. X 15. Government and corporate bonds and other negotiable and nonnegotiable instruments. X 16. Accounts receivable. Accounts Receivable 122, Alimony, maintenance, support, and property settlements to which the debtor is or may be entitled. Give particulars. 18. ther liquidated debts owed to debtor including tax refunds. Give particulars. X X 19. quitable or future interests, life estates, and rights or powers exercisable for the benefit of the debtor other than those listed in Schedule A Real Property. 20. ontingent and noncontingent interests in estate of a decedent, death benefit plan, life insurance policy, or trust. X X 21. ther contingent and unliquidated claims of every nature, including tax refunds, counterclaims of the debtor, and rights to setoff claims. Give estimated value of each. raylor Multimedia, nc. v. Worldview oyz ncorporated, John Green and Michael lotu Lawsuit nknown Subotal > (otal of this page) 122, Sheet 1 of 2 continuation sheets attached to the Schedule of Personal Property Software opyright (c) Best ase Solutions vanston, L

12 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 12 of 43 B6B (fficial Form 6B) (12/07) ont. n re raylor Multimedia, nc. ebtor, ase o. SHL B PRSAL PRPRY (ontinuation Sheet) ype of Property escription and Location of Property Husband, Wife, Joint, or ommunity urrent Value of ebtor's nterest in Property, without educting any Secured laim or xemption 22. Patents, copyrights, and other intellectual property. Give particulars. X 23. Licenses, franchises, and other general intangibles. Give particulars. X 24. ustomer lists or other compilations containing personally identifiable information (as defined in 11.S.. 101(41A)) provided to the debtor by individuals in connection with obtaining a product or service from the debtor primarily for personal, family, or household purposes. X 25. Automobiles, trucks, trailers, and other vehicles and accessories. X 26. Boats, motors, and accessories. X 27. Aircraft and accessories. X 28. ffice equipment, furnishings, and supplies. 29. Machinery, fixtures, equipment, and supplies used in business. ffice Furnishings omputers, quipment and Machinery 21, nventory. nventory 22, Animals. X 32. rops growing or harvested. Give particulars. 33. Farming equipment and implements. X X 34. Farm supplies, chemicals, and feed. X 35. ther personal property of any kind not already listed. temize. X Sheet 2 of 2 continuation sheets attached to the Schedule of Personal Property Software opyright (c) Best ase Solutions vanston, L Subotal > 44, (otal of this page) otal > 179, (Report also on Summary of Schedules)

13 }bk1{schedule Property laimed as xempt}bk{ B6 (fficial Form 6) (4/10) ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 13 of 43 n re raylor Multimedia, nc. ebtor, ase o. SHL PRPRY LAM AS XMP ebtor claims the exemptions to which debtor is entitled under: (heck one box) 11.S.. 522(b)(2) 11.S.. 522(b)(3) escription of Property Specify Law Providing ach xemption heck if debtor claims a homestead exemption that exceeds $146,450. (Amount subject to adjustment on 4/1/13, and every three years thereafter with respect to cases commenced on or after the date of adjustment.) Value of laimed xemption urrent Value of Property Without educting xemption. 0 continuation sheets attached to Schedule of Property laimed as xempt Software opyright (c) Best ase Solutions vanston, L

14 }bk1{schedule reditors Holding Secured laims}bk{ B6 (fficial Form 6) (12/07) ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 14 of 43 n re raylor Multimedia, nc. ebtor, ase o. SHL RRS HLG SR LAMS State the name, mailing address, including zip code, and last four digits of any account number of all entities holding claims secured by property of the debtor as of the date of filing of the petition. he complete account number of any account the debtor has with the creditor is useful to the trustee and the creditor and may be provided if the debtor chooses to do so. List creditors holding all types of secured interests such as judgment liens, garnishments, statutory liens, mortgages, deeds of trust, and other security interests. List creditors in alphabetical order to the extent practicable. f a minor child is a creditor, the child's initials and the name and address of the child's parent or guardian, such as "A.B., a minor child, by John oe, guardian." o not disclose the child's name. See, 11.S and Fed. R. Bankr. P. 1007(m). f all secured creditors will not fit on this page, use the continuation sheet provided. f any entity other than a spouse in a joint case may be jointly liable on a claim, place an "X" in the column labeled "odebtor",include the entity on the appropriate schedule of creditors, and complete Schedule H odebtors. f a joint petition is filed, state whether the husband, wife, both of them, or the marital community may be liable on each claim by placing an "H", "W", "J", or "" in the column labeled "Husband, Wife, Joint, or ommunity". f the claim is contingent, place an "X" in the column labeled "ontingent". f the claim is unliquidated, place an "X" in the column labeled "nliquidated". f the claim is disputed, place an "X" in the column labeled "isputed". (You may need to place an "X" in more than one of these three columns.) otal the columns labeled "Amount of laim Without educting Value of ollateral" and "nsecured Portion, if Any" in the boxes labeled "otal(s)" on the last sheet of the completed schedule. Report the total from the column labeled "Amount of laim" also on the Summary of Schedules and, if the debtor is an individual with primarily consumer debts, report the total from the column labeled "nsecured Portion" on the Statistical Summary of ertain Liabilities and Related ata. heck this box if debtor has no creditors holding secured claims to report on this Schedule. Account o. RR'S AM A MALG ARSS LG ZP, A A MBR (See instructions above.) B R Husband, Wife, Joint, or ommunity H W J A LAM WAS RR, AR F L, A SRP A VAL F PRPRY SBJ L All Assets 1st Security nterest G L Q A S P AM F LAM WH G VAL F LLARAL SR PR, F AY conomic Stabilization rust 529 Main Street Boston, MA X Account o. Value $ 179, All Assets 2nd Security nterest 150, he Property and asualty nitiative LL 211 ongress Street, 4th Floor Boston, MA X Account o. Value $ 179, , , Value $ Account o. Value $ 0 continuation sheets attached Subtotal (otal of this page) 222, , otal (Report on Summary of Schedules) 222, , Software opyright (c) Best ase Solutions vanston, L

15 }bk1{schedule reditors Holding nsecured Priority laims}bk{ B6 (fficial Form 6) (4/10) ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 15 of 43 n re raylor Multimedia, nc. ebtor, ase o. SHL RRS HLG SR PRRY LAMS A complete list of claims entitled to priority, listed separately by type of priority, is to be set forth on the sheets provided. nly holders of unsecured claims entitled to priority should be listed in this schedule. n the boxes provided on the attached sheets, state the name, mailing address, including zip code, and last four digits of the account number, if any, of all entities holding priority claims against the debtor or the property of the debtor, as of the date of the filing of the petition. se a separate continuation sheet for each type of priority and label each with the type of priority. he complete account number of any account the debtor has with the creditor is useful to the trustee and the creditor and may be provided if the debtor chooses to do so. f a minor child is a creditor, state the child's initials and the name and address of the child's parent or guardian, such as "A.B., a minor child, by John oe, guardian." o not disclose the child's name. See, 11.S and Fed. R. Bankr. P. 1007(m). f any entity other than a spouse in a joint case may be jointly liable on a claim, place an "X" in the column labeled "odebtor," include the entity on the appropriate schedule of creditors, and complete Schedule Hodebtors. f a joint petition is filed, state whether the husband, wife, both of them, or the marital community may be liable on each claim by placing an "H," "W," "J," or "" in the column labeled "Husband, Wife, Joint, or ommunity." f the claim is contingent, place an "X" in the column labeled "ontingent." f the claim is unliquidated, place an "X" in the column labeled "nliquidated." f the claim is disputed, place an "X" in the column labeled "isputed." (You may need to place an "X" in more than one of these three columns.) Report the total of claims listed on each sheet in the box labeled "Subtotals" on each sheet. Report the total of all claims listed on this Schedule in the box labeled "otal" on the last sheet of the completed schedule. Report this total also on the Summary of Schedules. Report the total of amounts entitled to priority listed on each sheet in the box labeled "Subtotals" on each sheet. Report the total of all amounts entitled to priority listed on this Schedule in the box labeled "otals" on the last sheet of the completed schedule. ndividual debtors with primarily consumer debts report this total also on the Statistical Summary of ertain Liabilities and Related ata. Report the total of amounts not entitled to priority listed on each sheet in the box labeled "Subtotals" on each sheet. Report the total of all amounts not entitled to priority listed on this Schedule in the box labeled "otals" on the last sheet of the completed schedule. ndividual debtors with primarily consumer debts report this total also on the Statistical Summary of ertain Liabilities and Related ata. heck this box if debtor has no creditors holding unsecured priority claims to report on this Schedule. YPS F PRRY LAMS (heck the appropriate box(es) below if claims in that category are listed on the attached sheets) omestic support obligations laims for domestic support that are owed to or recoverable by a spouse, former spouse, or child of the debtor, or the parent, legal guardian, or responsible relative of such a child, or a governmental unit to whom such a domestic support claim has been assigned to the extent provided in 11.S.. 507(a)(1). xtensions of credit in an involuntary case laims arising in the ordinary course of the debtor's business or financial affairs after the commencement of the case but before the earlier of the appointment of a trustee or the order for relief. 11.S.. 507(a)(3). Wages, salaries, and commissions Wages, salaries, and commissions, including vacation, severance, and sick leave pay owing to employees and commissions owing to qualifying independent sales representatives up to $11,725* per person earned within 180 days immediately preceding the filing of the original petition, or the cessation of business, whichever occurred first, to the extent provided in 11.S.. 507(a)(4). ontributions to employee benefit plans Money owed to employee benefit plans for services rendered within 180 days immediately preceding the filing of the original petition, or the cessation of business, whichever occurred first, to the extent provided in 11.S.. 507(a)(5). ertain farmers and fishermen laims of certain farmers and fishermen, up to $5,775* per farmer or fisherman, against the debtor, as provided in 11.S.. 507(a)(6). eposits by individuals laims of individuals up to $2,600* for deposits for the purchase, lease, or rental of property or services for personal, family, or household use, that were not delivered or provided. 11.S.. 507(a)(7). axes and certain other debts owed to governmental units axes, customs duties, and penalties owing to federal, state, and local governmental units as set forth in 11.S.. 507(a)(8). ommitments to maintain the capital of an insured depository institution laims based on commitments to the F, R, irector of the ffice of hrift Supervision, omptroller of the urrency, or Board of Governors of the Federal Reserve System, or their predecessors or successors, to maintain the capital of an insured depository institution. 11.S (a)(9). laims for death or personal injury while debtor was intoxicated laims for death or personal injury resulting from the operation of a motor vehicle or vessel while the debtor was intoxicated from using alcohol, a drug, or another substance. 11.S.. 507(a)(10). * Amount subject to adjustment on 4/01/13, and every three years thereafter with respect to cases commenced on or after the date of adjustment. 0 continuation sheets attached Software opyright (c) Best ase Solutions vanston, L

16 }bk1{schedule F reditors Holding nsecured onpriority laims}bk{ B6F (fficial Form 6F) (12/07) ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 16 of 43 n re raylor Multimedia, nc. ebtor, ase o. SHL F RRS HLG SR PRRY LAMS State the name, mailing address, including zip code, and last four digits of any account number, of all entities holding unsecured claims without priority against the debtor or the property of the debtor, as of the date of filing of the petition. he complete account number of any account the debtor has with the creditor is useful to the trustee and the creditor and may be provided if the debtor chooses to do so. f a minor child is a creditor, state the child's initials and the name and address of the child's parent or guardian, such as "A.B., a minor child, by John oe, guardian." o not disclose the child's name. See, 11.S and Fed. R. Bankr. P. 1007(m). o not include claims listed in Schedules and. f all creditors will not fit on this page, use the continuation sheet provided. f any entity other than a spouse in a joint case may be jointly liable on a claim, place an "X" in the column labeled "odebtor," include the entity on the appropriate schedule of creditors, and complete Schedule H odebtors. f a joint petition is filed, state whether the husband, wife, both of them, or the marital community may be liable on each claim by placing an "H," "W," "J," or "" in the column labeled "Husband, Wife, Joint, or ommunity." f the claim is contingent, place an "X" in the column labeled "ontingent." f the claim is unliquidated, place an "X" in the column labeled "nliquidated." f the claim is disputed, place an "X" in the column labeled "isputed." (You may need to place an "X" in more than one of these three columns.) Report the total of all claims listed on this schedule in the box labeled "otal" on the last sheet of the completed schedule. Report this total also on the Summary of Schedules and, if the debtor is an individual with primarily consumer debts, report this total also on the Statistical Summary of ertain Liabilities and Related ata. heck this box if debtor has no creditors holding unsecured claims to report on this Schedule F. Account o. RR'S AM, MALG ARSS LG ZP, A A MBR (See instructions above.) Abrams, LittleGill, Loberfeld, P Boylston Street hestnut Hill, MA B R Husband, Wife, Joint, or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF, S SA. G L Q A S P AM F LAM 6, Account o Advanta Bank orp. P.. Box 8088 Philadelphia, PA X 13, Account o American xpress P.. Bxo 1270 ewark, J X 30, Account o American xpress P.. Box 1270 ewark, J X 1, continuation sheets attached Subtotal (otal of this page) 50, Software opyright (c) Best ase Solutions vanston, L S/:

17 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 17 of 43 B6F (fficial Form 6F) (12/07) ont. n re raylor Multimedia, nc. ebtor, ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) RR'S AM, MALG ARSS LG ZP, A A MBR (See instructions above.) Account o B R Husband, Wife, Joint, or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF, S SA. G L Q A S P AM F LAM Bank of America P.. Box Wilmington, X 35, Account o Bank of America P.. Box Wilmington, X 10, Account o. Beryl Simon 41 Lancaster Road Arlington, MA , Account o. Bonnie raylor 81 roft Regis Street Westwood, MA X 26, Account o. hristopher Knowles 13 ew York Street over, H , Sheet no. 1 of 8 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) 77, Software opyright (c) Best ase Solutions vanston, L

18 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 18 of 43 B6F (fficial Form 6F) (12/07) ont. n re raylor Multimedia, nc. ebtor, ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) Account o. RR'S AM, MALG ARSS LG ZP, A A MBR (See instructions above.) ity of ewton P.. Box 9137 ewtonville, MA B R Husband, Wife, Joint, or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF, S SA. 63 hapel Street X X G L Q A S P AM F LAM Account o aniel Weed 23 Burlington Road, Apt. A Bedford, MA Account o. 1, avid Benman 7817 hevoit ourt Fayetteville, Y Account o. 11, mily Braniff 1313 Romeria rive, nit A Austin, X Account o. 1, mily reat 234 Moffat Road ewton, MA Sheet no. 2 of 8 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) 7, , Software opyright (c) Best ase Solutions vanston, L

19 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 19 of 43 B6F (fficial Form 6F) (12/07) ont. n re raylor Multimedia, nc. ebtor, ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) Account o RR'S AM, MALG ARSS LG ZP, A A MBR (See instructions above.) B R Husband, Wife, Joint, or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF, S SA. G L Q A S P AM F LAM Financial Framework LLP P.. Box 165 Arlington, MA , Account o. Fraser, Milner, asgrain, LLP 1 First andian Place 100 King oronto, M5X 1B2 6, Account o. George Varga 45 Brentwood ircle eedham, MA , Account o. an Ryan 3809 Petes Path Austin, X , Account o. Jesse abrera 41 Hobart Street Brighton, MA , Sheet no. 3 of 8 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) 35, Software opyright (c) Best ase Solutions vanston, L

20 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 20 of 43 B6F (fficial Form 6F) (12/07) ont. n re raylor Multimedia, nc. ebtor, ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) Account o. RR'S AM, MALG ARSS LG ZP, A A MBR (See instructions above.) B R Husband, Wife, Joint, or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF, S SA. G L Q A S P AM F LAM John hew 22 Peachtree Road Lexington, MA , Account o. Laura Laing 5700 Ridgedale Road Baltimore, M , Account o. Leah sterman 258 Virginia Farme Lane arlisle, MA , Account o. Lynne M. Robertson 560 Scott Street, Apt. 302 San Francisco, A , Account o. Mary Blunt 45 Greenwood Avenue eedham, MA , Sheet no. 4 of 8 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) 32, Software opyright (c) Best ase Solutions vanston, L

21 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 21 of 43 B6F (fficial Form 6F) (12/07) ont. n re raylor Multimedia, nc. ebtor, ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) RR'S AM, MALG ARSS LG ZP, A A MBR (See instructions above.) Account o B R Husband, Wife, Joint, or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF, S SA. G L Q A S P AM F LAM Star lectric P.. Box 4508 Woburn, MA Account o. P.L. Hingorani, as rustee of evi rust 51 Mount Joy rive ewksbury, MA , Account o. Phyllis Kaplan 43 Kingston Road ewton Highlands, MA X 4, Account o. Posternak, Blankstein and Lund LLP Prudential ower 800 Boylston Street Boston, MA Account o. 1, Premiere Global Services P.. Box Atlanta, GA Sheet no. 5 of 8 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) 13, Software opyright (c) Best ase Solutions vanston, L

22 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 22 of 43 B6F (fficial Form 6F) (12/07) ont. n re raylor Multimedia, nc. ebtor, ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) Account o. RR'S AM, MALG ARSS LG ZP, A A MBR (See instructions above.) B R Husband, Wife, Joint, or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF, S SA. G L Q A S P AM F LAM Rebecca Wink 1084 Queen Anne Place Los Angeles, A Account o. Robert Boyle 112 olonial rive aunton, MA , Account o. Robert Keough 48 Lake Avenue, 8 Woburn, MA , Account o Ruberto, srael and Weiner, P orth Washington Street Boston, MA , Account o. Russell Berryman onsulting 16A harles Street Watertown, MA , Sheet no. 6 of 8 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) 9, Software opyright (c) Best ase Solutions vanston, L

23 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 23 of 43 B6F (fficial Form 6F) (12/07) ont. n re raylor Multimedia, nc. ebtor, ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) Account o. RR'S AM, MALG ARSS LG ZP, A A MBR (See instructions above.) B R Husband, Wife, Joint, or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF, S SA. G L Q A S P AM F LAM Safety nsurance P.. Box 4324 Woburn, MA Account o. Sandy amashek 165 West 91st Street, 11 ew York, Y , Account o. Shannon Anderson 41 Preston Street Wakefield, MA , Account o. Sharon Bilman 363 7th Street, 1L Brooklyn, Y , Account o. She s igital, nc. 305 atlin Road ary, , Sheet no. 7 of 8 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) 31, Software opyright (c) Best ase Solutions vanston, L

24 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 24 of 43 B6F (fficial Form 6F) (12/07) ont. n re raylor Multimedia, nc. ebtor, ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) Account o. RR'S AM, MALG ARSS LG ZP, A A MBR (See instructions above.) B R Husband, Wife, Joint, or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF, S SA. G L Q A S P AM F LAM Susan Gargiulo 301 West 108th Street, Apt. 9A ew York, Y , Account o. rinet Systems P.. Box Atlanta, GA , Account o. VJ leaning Services P.. Box 296 Lynn, MA , Account o Wells Fargo Business irect P.. Box Sacramento, A , Account o. Wilson and rcutt, P 201 Great Road Acton, MA Sheet no. 8 of 8 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) otal (Report on Summary of Schedules) 82, , Software opyright (c) Best ase Solutions vanston, L

25 }bk1{schedule G xecutory ontracts and nexpired Leases}bk{ B6G (fficial Form 6G) (12/07) ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 25 of 43 n re raylor Multimedia, nc. ebtor, ase o. SHL G XRY RAS A XPR LASS escribe all executory contracts of any nature and all unexpired leases of real or personal property. nclude any timeshare interests. State nature of debtor's interest in contract, i.e., "Purchaser", "Agent", etc. State whether debtor is the lessor or lessee of a lease. Provide the names and complete mailing addresses of all other parties to each lease or contract described. f a minor child is a party to one of the leases or contracts, state the child's initials and the name and address of the child's parent or guardian, such as "A.B., a minor child, by John oe, guardian." o not disclose the child's name. See, 11.S and Fed. R. Bankr. P. 1007(m). heck this box if debtor has no executory contracts or unexpired leases. ame and Mailing Address, ncluding Zip ode, of ther Parties to Lease or ontract escription of ontract or Lease and ature of ebtor's nterest. State whether lease is for nonresidential real property. State contract number of any government contract. P.L. Hingorani, as rustee of evi rust 51 Mount Joy rive ewksbury, MA ommercial Lease for 124 Watertown Street, Watertown, Massachusetts 0 continuation sheets attached to Schedule of xecutory ontracts and nexpired Leases Software opyright (c) Best ase Solutions vanston, L

26 }bk1{schedule H odebtors}bk{ B6H (fficial Form 6H) (12/07) ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 26 of 43 n re raylor Multimedia, nc. ebtor, ase o. Provide the information requested concerning any person or entity, other than a spouse in a joint case, that is also liable on any debts listed by debtor in the schedules of creditors. nclude all guarantors and cosigners. f the debtor resides or resided in a community property state, commonwealth, or territory (including Alaska, Arizona, alifornia, daho, Louisiana, evada, ew Mexico, Puerto Rico, exas, Washington, or Wisconsin) within the eight year period immediately preceding the commencement of the case, identify the name of the debtor's spouse and of any former spouse who resides or resided with the debtor in the community property state, commonwealth, or territory. nclude all names used by the nondebtor spouse during the eight years immediately preceding the commencement of this case. f a minor child is a codebtor or a creditor, state the child's initials and the name and address of the child's parent or guardian, such as "A.B., a minor child, by John oe, guardian." o not disclose the child's name. See, 11.S and Fed. R. Bankr. P. 1007(m). heck this box if debtor has no codebtors. AM A ARSS F BR SHL H BRS AM A ARSS F RR iana raylor 31 Benningston Street eedham, MA iana raylor 31 Benningston Street eedham, MA iana raylor 31 Benningston Street eedham, MA Scott raylor eedham, MA Scott raylor eedham, MA Scott raylor eedham, MA Scott raylor eedham, MA Scott raylor eedham, MA Scott raylor eedham, MA Scott raylor eedham, MA conomic Stabilization rust 529 Main Street Boston, MA he Property and asualty nitiative LL 211 ongress Street, 4th Floor Boston, MA Bank of America P.. Box Wilmington, conomic Stabilization rust 529 Main Street Boston, MA he Property and asualty nitiative LL 211 ongress Street, 4th Floor Boston, MA Bonnie raylor 81 roft Regis Street Westwood, MA Advanta Bank orp. P.. Box 8088 Philadelphia, PA American xpress P.. Bxo 1270 ewark, J American xpress P.. Box 1270 ewark, J Bank of America P.. Box Wilmington, continuation sheets attached to Schedule of odebtors Software opyright (c) Best ase Solutions vanston, L

27 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 27 of 43 B6 eclaration (fficial Form 6 eclaration). (12/07) nited States Bankruptcy ourt istrict of Massachusetts n re raylor Multimedia, nc. ase o. ebtor(s) hapter 11 LARA RG BR'S SHLS LARA R PALY F PRJRY BHALF F RPRA R PARRSHP, the President, reasurer and irector of the corporation named as debtor in this case, declare under penalty of perjury that have read the foregoing summary and schedules, consisting of 20 sheets, and that they are true and correct to the best of my knowledge, information, and belief. ate May 26, 2010 Signature /s/ Scott raylor Scott raylor President, reasurer and irector Penalty for making a false statement or concealing property: Fine of up to $500,000 or imprisonment for up to 5 years or both. 18.S and Software opyright (c) Best ase Solutions vanston, L bestcase.com

28 B7 (fficial Form 7) (04/10) ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 28 of 43 nited States Bankruptcy ourt istrict of Massachusetts n re raylor Multimedia, nc. ase o. ebtor(s) hapter 11 SAM F FAAL AFFARS his statement is to be completed by every debtor. Spouses filing a joint petition may file a single statement on which the information for both spouses is combined. f the case is filed under chapter 12 or chapter 13, a married debtor must furnish information for both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed. An individual debtor engaged in business as a sole proprietor, partner, family farmer, or selfemployed professional, should provide the information requested on this statement concerning all such activities as well as the individual's personal affairs. o indicate payments, transfers and the like to minor children, state the child's initials and the name and address of the child's parent or guardian, such as "A.B., a minor child, by John oe, guardian." o not disclose the child's name. See, 11.S.. 112; Fed. R. Bankr. P. 1007(m). Questions 1 18 are to be completed by all debtors. ebtors that are or have been in business, as defined below, also must complete Questions f the answer to an applicable question is "one," mark the box labeled "one." f additional space is needed for the answer to any question, use and attach a separate sheet properly identified with the case name, case number (if known), and the number of the question. FS "n business." A debtor is "in business" for the purpose of this form if the debtor is a corporation or partnership. An individual debtor is "in business" for the purpose of this form if the debtor is or has been, within six years immediately preceding the filing of this bankruptcy case, any of the following: an officer, director, managing executive, or owner of 5 percent or more of the voting or equity securities of a corporation; a partner, other than a limited partner, of a partnership; a sole proprietor or selfemployed fulltime or parttime. An individual debtor also may be "in business" for the purpose of this form if the debtor engages in a trade, business, or other activity, other than as an employee, to supplement income from the debtor's primary employment. "nsider." he term "insider" includes but is not limited to: relatives of the debtor; general partners of the debtor and their relatives; corporations of which the debtor is an officer, director, or person in control; officers, directors, and any owner of 5 percent or more of the voting or equity securities of a corporate debtor and their relatives; affiliates of the debtor and insiders of such affiliates; any managing agent of the debtor. 11.S ncome from employment or operation of business one State the gross amount of income the debtor has received from employment, trade, or profession, or from operation of the debtor's business, including parttime activities either as an employee or in independent trade or business, from the beginning of this calendar year to the date this case was commenced. State also the gross amounts received during the two years immediately preceding this calendar year. (A debtor that maintains, or has maintained, financial records on the basis of a fiscal rather than a calendar year may report fiscal year income. dentify the beginning and ending dates of the debtor's fiscal year.) f a joint petition is filed, state income for each spouse separately. (Married debtors filing under chapter 12 or chapter 13 must state income of both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM SR $341, Y $1,359, $2,152, ncome other than from employment or operation of business one State the amount of income received by the debtor other than from employment, trade, profession, or operation of the debtor's business during the two years immediately preceding the commencement of this case. Give particulars. f a joint petition is filed, state income for each spouse separately. (Married debtors filing under chapter 12 or chapter 13 must state income for each spouse whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM SR Software opyright (c) Best ase Solutions vanston, L

29 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 29 of Payments to creditors one omplete a. or b., as appropriate, and c. a. ndividual or joint debtor(s) with primarily consumer debts. List all payments on loans, installment purchases of goods or services, and other debts to any creditor made within 90 days immediately preceding the commencement of this case unless the aggregate value of all property that constitutes or is affected by such transfer is less than $600. ndicate with an (*) any payments that were made to a creditor on account of a domestic support obligation or as part of an alternative repayment schedule under a plan by an approved nonprofit budgeting and credit counseling agency. (Married debtors filing under chapter 12 or chapter 13 must include payments by either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM A ARSS F RR AS F PAYMS AM PA AM SLL WG one b. ebtor whose debts are not primarily consumer debts: List each payment or other transfer to any creditor made within 90 days immediately preceding the commencement of the case unless the aggregate value of all property that constitutes or is affected by such transfer is less than $5,850 *. f the debtor is an individual, indicate with an asterisk (*) any payments that were made to a creditor on account of a domestic support obligation or as part of an alternative repayment schedule under a plan by an approved nonprofit budgeting and credit counseling agency. (Married debtors filing under chapter 12 or chapter 13 must include payments and other transfers by either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM A ARSS F RR Payments made in ordinary course of business. AS F PAYMS/ RASFRS AM PA R VAL F AM SLL RASFRS WG $0.00 $0.00 one c. All debtors: List all payments made within one year immediately preceding the commencement of this case to or for the benefit of creditors who are or were insiders. (Married debtors filing under chapter 12 or chapter 13 must include payments by either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM A ARSS F RR A RLASHP BR A F PAYM AM PA AM SLL WG 4. Suits and administrative proceedings, executions, garnishments and attachments one a. List all suits and administrative proceedings to which the debtor is or was a party within one year immediately preceding the filing of this bankruptcy case. (Married debtors filing under chapter 12 or chapter 13 must include information concerning either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AP F S A AS MBR AR F PRG R R AGY A LA SAS R SPS one b. escribe all property that has been attached, garnished or seized under any legal or equitable process within one year immediately preceding the commencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include information concerning property of either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM A ARSS F PRS FR WHS BF PRPRY WAS SZ A F SZR SRP A VAL F PRPRY * Amount subject to adjustment on 4/01/13, and every three years thereafter with respect to cases commenced on or after the date of adjustment. Software opyright (c) Best ase Solutions, nc. vanston, L

30 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 30 of Repossessions, foreclosures and returns one List all property that has been repossessed by a creditor, sold at a foreclosure sale, transferred through a deed in lieu of foreclosure or returned to the seller, within one year immediately preceding the commencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include information concerning property of either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM A ARSS F RR R SLLR 6. Assignments and receiverships A F RPSSSS, FRLSR SAL, RASFR R RR SRP A VAL F PRPRY one a. escribe any assignment of property for the benefit of creditors made within 120 days immediately preceding the commencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include any assignment by either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM A ARSS F ASSG A F ASSGM RMS F ASSGM R SLM one b. List all property which has been in the hands of a custodian, receiver, or courtappointed official within one year immediately preceding the commencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include information concerning property of either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM A ARSS F SA AM A LA F R AS L & MBR A F RR SRP A VAL F PRPRY 7. Gifts one List all gifts or charitable contributions made within one year immediately preceding the commencement of this case except ordinary and usual gifts to family members aggregating less than $200 in value per individual family member and charitable contributions aggregating less than $100 per recipient. (Married debtors filing under chapter 12 or chapter 13 must include gifts or contributions by either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM A ARSS F PRS R RGAZA RLASHP BR, F AY A F GF SRP A VAL F GF 8. Losses one List all losses from fire, theft, other casualty or gambling within one year immediately preceding the commencement of this case or since the commencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include losses by either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) SRP A VAL F PRPRY SRP F RMSAS A, F LSS WAS VR WHL R PAR BY SRA, GV PARLARS A F LSS 9. Payments related to debt counseling or bankruptcy one List all payments made or property transferred by or on behalf of the debtor to any persons, including attorneys, for consultation concerning debt consolidation, relief under the bankruptcy law or preparation of the petition in bankruptcy within one year immediately preceding the commencement of this case. AM A ARSS F PAY ina M. Parker Parker and Associates 10 onverse Place Winchester, MA A F PAYM, AM F PAYR F HR HA BR 4/16/2010; 5/25/2010; 5/25/2010. raylor & S. raylor; 5/26/2010 AM F MY R SRP A VAL F PRPRY $8,000.00; $5,000.00; $12,000.00; $6, Software opyright (c) Best ase Solutions, nc. vanston, L

31 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 31 of ther transfers one a. List all other property, other than property transferred in the ordinary course of the business or financial affairs of the debtor, transferred either absolutely or as security within two years immediately preceding the commencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include transfers by either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM A ARSS F RASFR, RLASHP BR A SRB PRPRY RASFRR A VAL RV one b. List all property transferred by the debtor within ten years immediately preceding the commencement of this case to a selfsettled trust or similar device of which the debtor is a beneficiary. AM F RS R HR V 11. losed financial accounts A(S) F RASFR(S) AM F MY R SRP A VAL F PRPRY R BR'S RS PRPRY one List all financial accounts and instruments held in the name of the debtor or for the benefit of the debtor which were closed, sold, or otherwise transferred within one year immediately preceding the commencement of this case. nclude checking, savings, or other financial accounts, certificates of deposit, or other instruments; shares and share accounts held in banks, credit unions, pension funds, cooperatives, associations, brokerage houses and other financial institutions. (Married debtors filing under chapter 12 or chapter 13 must include information concerning accounts or instruments held by or for either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM A ARSS F S 12. Safe deposit boxes YP F A, LAS FR GS F A MBR, A AM F FAL BALA AM A A F SAL R LSG one List each safe deposit or other box or depository in which the debtor has or had securities, cash, or other valuables within one year immediately preceding the commencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include boxes or depositories of either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM A ARSS F BAK R HR PSRY AMS A ARSSS F HS WH ASS BX R PSRY SRP F S A F RASFR R SRRR, F AY 13. Setoffs one List all setoffs made by any creditor, including a bank, against a debt or deposit of the debtor within 90 days preceding the commencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include information concerning either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.) AM A ARSS F RR A F SFF AM F SFF 14. Property held for another person one List all property owned by another person that the debtor holds or controls. AM A ARSS F WR SRP A VAL F PRPRY LA F PRPRY Software opyright (c) Best ase Solutions, nc. vanston, L

32 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 32 of Prior address of debtor one f the debtor has moved within three years immediately preceding the commencement of this case, list all premises which the debtor occupied during that period and vacated prior to the commencement of this case. f a joint petition is filed, report also any separate address of either spouse. ARSS AM S AS F PAY 63 hapel Street 1/15/2003 to January 30, 2009 ewton, Massachusetts Spouses and Former Spouses one f the debtor resides or resided in a community property state, commonwealth, or territory (including Alaska, Arizona, alifornia, daho, Louisiana, evada, ew Mexico, Puerto Rico, exas, Washington, or Wisconsin) within eight years immediately preceding the commencement of the case, identify the name of the debtor s spouse and of any former spouse who resides or resided with the debtor in the community property state. AM 17. nvironmental nformation. For the purpose of this question, the following definitions apply: "nvironmental Law" means any federal, state, or local statute or regulation regulating pollution, contamination, releases of hazardous or toxic substances, wastes or material into the air, land, soil, surface water, groundwater, or other medium, including, but not limited to, statutes or regulations regulating the cleanup of these substances, wastes, or material. "Site" means any location, facility, or property as defined under any nvironmental Law, whether or not presently or formerly owned or operated by the debtor, including, but not limited to, disposal sites. "Hazardous Material" means anything defined as a hazardous waste, hazardous substance, toxic substance, hazardous material, pollutant, or contaminant or similar term under an nvironmental Law one a. List the name and address of every site for which the debtor has received notice in writing by a governmental unit that it may be liable or potentially liable under or in violation of an nvironmental Law. ndicate the governmental unit, the date of the notice, and, if known, the nvironmental Law: S AM A ARSS AM A ARSS F GVRMAL A F VRMAL LAW one b. List the name and address of every site for which the debtor provided notice to a governmental unit of a release of Hazardous Material. ndicate the governmental unit to which the notice was sent and the date of the notice. S AM A ARSS AM A ARSS F GVRMAL A F VRMAL LAW one c. List all judicial or administrative proceedings, including settlements or orders, under any nvironmental Law with respect to which the debtor is or was a party. ndicate the name and address of the governmental unit that is or was a party to the proceeding, and the docket number. AM A ARSS F GVRMAL K MBR SAS R SPS Software opyright (c) Best ase Solutions, nc. vanston, L

33 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 33 of ature, location and name of business one a. f the debtor is an individual, list the names, addresses, taxpayer identification numbers, nature of the businesses, and beginning and ending dates of all businesses in which the debtor was an officer, director, partner, or managing executive of a corporation, partner in a partnership, sole proprietor, or was selfemployed in a trade, profession, or other activity either full or parttime within six years immediately preceding the commencement of this case, or in which the debtor owned 5 percent or more of the voting or equity securities within six years immediately preceding the commencement of this case. f the debtor is a partnership, list the names, addresses, taxpayer identification numbers, nature of the businesses, and beginning and ending dates of all businesses in which the debtor was a partner or owned 5 percent or more of the voting or equity securities, within six years immediately preceding the commencement of this case. f the debtor is a corporation, list the names, addresses, taxpayer identification numbers, nature of the businesses, and beginning and ending dates of all businesses in which the debtor was a partner or owned 5 percent or more of the voting or equity securities within six years immediately preceding the commencement of this case. AM raylor Multimedia, nc. LAS FR GS F SALSRY R HR VAL AXPAYR... ()/ MPL ARSS AR F BSSS d/b/a 360K 124 Watertown Street, #3H Watertown, MA Service company offering software development and consulting advice to companies interested in engaging kids through interactive technology platforms which includ the web, virtual worlds, social media platform, handheld devices, interactive television, electronic toys, and Apple iphone/ipad products. BGG A G AS 9/16/1996 to Present one AM b. dentify any business listed in response to subdivision a., above, that is "single asset real estate" as defined in 11.S ARSS he following questions are to be completed by every debtor that is a corporation or partnership and by any individual debtor who is or has been, within six years immediately preceding the commencement of this case, any of the following: an officer, director, managing executive, or owner of more than 5 percent of the voting or equity securities of a corporation; a partner, other than a limited partner, of a partnership, a sole proprietor, or selfemployed in a trade, profession, or other activity, either full or parttime. (An individual or joint debtor should complete this portion of the statement only if the debtor is or has been in business, as defined above, within six years immediately preceding the commencement of this case. A debtor who has not been in business within those six years should go directly to the signature page.) 19. Books, records and financial statements one a. List all bookkeepers and accountants who within two years immediately preceding the filing of this bankruptcy case kept or supervised the keeping of books of account and records of the debtor. AM A ARSS Abrams LittleGill Loberfeld, P Boylston Street hestnut Hill, MA AS SRVS RR 2004 to Present Software opyright (c) Best ase Solutions, nc. vanston, L

34 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 34 of 43 7 one b. List all firms or individuals who within the two years immediately preceding the filing of this bankruptcy case have audited the books of account and records, or prepared a financial statement of the debtor. AM ARSS AS SRVS RR one c. List all firms or individuals who at the time of the commencement of this case were in possession of the books of account and records of the debtor. f any of the books of account and records are not available, explain. AM Abrams LittleGill Loberfeld, P.. Mary Blunt ale Kline ARSS 1330 Boylston Street hestnut Hill, MA Greenwood Avenue eedham, MA Financial Framework, LLP P.. Box 165 Arlington, MA one d. List all financial institutions, creditors and other parties, including mercantile and trade agencies, to whom a financial statement was issued by the debtor within two years immediately preceding the commencement of this case. AM A ARSS he conomic Stabilization rust A SS he Property and asualty nitiative Abrams LittleGill Loberfeld, P nventories one a. List the dates of the last two inventories taken of your property, the name of the person who supervised the taking of each inventory, and the dollar amount and basis of each inventory. LLAR AM F VRY A F VRY VRY SPRVSR (Specify cost, market or other basis) 5/15/2010 Scott raylor $22, one b. List the name and address of the person having possession of the records of each of the two inventories reported in a., above. AM A ARSSS F SA F VRY A F VRY RRS 5/15/2010 Scott raylor eedham Heights, MA urrent Partners, fficers, irectors and Shareholders one a. f the debtor is a partnership, list the nature and percentage of partnership interest of each member of the partnership. AM A ARSS AR F RS PRAG F RS Software opyright (c) Best ase Solutions, nc. vanston, L

35 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 35 of 43 8 one b. f the debtor is a corporation, list all officers and directors of the corporation, and each stockholder who directly or indirectly owns, controls, or holds 5 percent or more of the voting or equity securities of the corporation. AM A ARSS Scott raylor eedham Heights, MA iane raylor eedham Heights, MA L President, reasurer, irector Vice President and Secretary AR A PRAG F SK WRSHP 50% Shareholder 50% Shareholder 22. Former partners, officers, directors and shareholders one a. f the debtor is a partnership, list each member who withdrew from the partnership within one year immediately preceding the commencement of this case. AM ARSS A F WHRAWAL one b. f the debtor is a corporation, list all officers, or directors whose relationship with the corporation terminated within one year immediately preceding the commencement of this case. AM A ARSS L A F RMA 23. Withdrawals from a partnership or distributions by a corporation one f the debtor is a partnership or corporation, list all withdrawals or distributions credited or given to an insider, including compensation in any form, bonuses, loans, stock redemptions, options exercised and any other perquisite during one year immediately preceding the commencement of this case. AM & ARSS F RP, RLASHP BR Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector AM F MY A A PRPS R SRP A F WHRAWAL VAL F PRPRY 5/25/2010 Monthly Salary $7, /1/2010 Monthly Salary $6, /28/2010 $ Reimbursement for ravel xpenses 3/31/2010 Monthly Salary $5, /28/2010 Monthly Salary $5, /15/2010 Reimbursement for ravel xpenses $ Software opyright (c) Best ase Solutions, nc. vanston, L

36 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 36 of 43 9 AM & ARSS F RP, RLASHP BR Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector Scott raylor eedham Heights, MA President, reasurer and irector AM F MY A A PRPS R SRP A F WHRAWAL VAL F PRPRY 1/31/2010 Monthly Salary $5, /31/2009 Monthly Salary $5, /30/2009 $5, /29/2009 Monthly Salary $5, /24/2009 Monthly Salary $5, /31/2009 Monthly Salary $0.00 8/12/2009 Loan Repayment $2, /31/2009 Monthly Salary $0.00 7/8/2009 Loan Repayment $3, /30/2009 Monthly Salary $0.00 6/9/2009 Loan Repayment $4, /31/2010 Monthly Salary $0.00 Software opyright (c) Best ase Solutions, nc. vanston, L

37 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 37 of ax onsolidation Group. one f the debtor is a corporation, list the name and federal taxpayer identification number of the parent corporation of any consolidated group for tax purposes of which the debtor has been a member at any time within six years immediately preceding the commencement of the case. AM F PAR RPRA AXPAYR FA MBR () 25. Pension Funds. one f the debtor is not an individual, list the name and federal taxpayeridentification number of any pension fund to which the debtor, as an employer, has been responsible for contributing at any time within six years immediately preceding the commencement of the case. AM F PS F AXPAYR FA MBR () LARA R PALY F PRJRY BHALF F RPRA R PARRSHP declare under penalty of perjury that have read the answers contained in the foregoing statement of financial affairs and any attachments thereto and that they are true and correct to the best of my knowledge, information and belief. ate May 26, 2010 Signature /s/ Scott raylor Scott raylor President, reasurer and irector [An individual signing on behalf of a partnership or corporation must indicate position or relationship to debtor.] Penalty for making a false statement: Fine of up to $500,000 or imprisonment for up to 5 years, or both. 18.S and 3571 Software opyright (c) Best ase Solutions, nc. vanston, L

38 }bk1{list of quity Security Holders}bk{ ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 38 of 43 nited States Bankruptcy ourt istrict of Massachusetts n re raylor Multimedia, nc. ebtor, ase o. hapter 11 LS F QY SRY HLRS Following is the list of the ebtor's equity security holders which is prepared in accordance with Rule 1007(a)(3) for filing in this chapter 11 case. ame and last known address or place of business of holder Security lass umber of Securities Kind of nterest one LARA R PALY F PRJRY BHALF F RPRA R PARRSHP, the President, reasurer and irector of the corporation named as the debtor in this case, declare under penalty of perjury that have read the foregoing List of quity Security Holders and that it is true and correct to the best of my information and belief. ate May 26, 2010 Signature /s/ Scott raylor Scott raylor President, reasurer and irector Penalty for making a false statement or concealing property: Fine of up to $500,000 or imprisonment for up to 5 years or both. 18.S. 152 and continuation sheets attached to List of quity Security Holders Software opyright (c) Best ase Solutions vanston, L

39 }bk1{reditor Adres Matrix}bk{ ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 39 of 43 Abrams, LittleGill, Loberfeld, P Boylston Street hestnut Hill, MA Advanta Bank orp. P.. Box 8088 Philadelphia, PA American xpress P.. Bxo 1270 ewark, J American xpress P.. Box 1270 ewark, J Bank of America P.. Box Wilmington, Bank of America P.. Box Wilmington, Beryl Simon 41 Lancaster Road Arlington, MA Bonnie raylor 81 roft Regis Street Westwood, MA hristopher Knowles 13 ew York Street over, H ity of ewton P.. Box 9137 ewtonville, MA aniel Weed 23 Burlington Road, Apt. A Bedford, MA avid Benman 7817 hevoit ourt Fayetteville, Y iana raylor 31 Benningston Street eedham, MA conomic Stabilization rust 529 Main Street Boston, MA 02129

40 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 40 of 43 mily Braniff 1313 Romeria rive, nit A Austin, X mily reat 234 Moffat Road ewton, MA Financial Framework LLP P.. Box 165 Arlington, MA Fraser, Milner, asgrain, LLP 1 First andian Place 100 King oronto, M5X 1B2 George Varga 45 Brentwood ircle eedham, MA an Ryan 3809 Petes Path Austin, X Jesse abrera 41 Hobart Street Brighton, MA John hew 22 Peachtree Road Lexington, MA Laura Laing 5700 Ridgedale Road Baltimore, M Leah sterman 258 Virginia Farme Lane arlisle, MA Lynne M. Robertson 560 Scott Street, Apt. 302 San Francisco, A Mary Blunt 45 Greenwood Avenue eedham, MA Star lectric P.. Box 4508 Woburn, MA 01888

41 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 41 of 43 P.L. Hingorani, as rustee of evi rust 51 Mount Joy rive ewksbury, MA Phyllis Kaplan 43 Kingston Road ewton Highlands, MA Posternak, Blankstein and Lund LLP Prudential ower 800 Boylston Street Boston, MA Premiere Global Services P.. Box Atlanta, GA Rebecca Wink 1084 Queen Anne Place Los Angeles, A Robert Boyle 112 olonial rive aunton, MA Robert Keough 48 Lake Avenue, 8 Woburn, MA Ruberto, srael and Weiner, P orth Washington Street Boston, MA Russell Berryman onsulting 16A harles Street Watertown, MA Safety nsurance P.. Box 4324 Woburn, MA Sandy amashek 165 West 91st Street, 11 ew York, Y Scott raylor eedham, MA Shannon Anderson 41 Preston Street Wakefield, MA 01880

42 ase oc 1 Filed 05/26/10 ntered 05/26/10 14:43:09 esc Main ocument Page 42 of 43 Sharon Bilman 363 7th Street, 1L Brooklyn, Y She s igital, nc. 305 atlin Road ary, Susan Gargiulo 301 West 108th Street, Apt. 9A ew York, Y he Property and asualty nitiative LL 211 ongress Street, 4th Floor Boston, MA rinet Systems P.. Box Atlanta, GA VJ leaning Services P.. Box 296 Lynn, MA Wells Fargo Business irect P.. Box Sacramento, A Wilson and rcutt, P 201 Great Road Acton, MA 01720

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