Sorry for the delay of my reply, I thought I subscribed to the thread, mistakenly didn't. I will do my best to answer the questions

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Originally Posted by Fahim Ferdous
1. You should revise that time table.
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It is very hard to judge how long it will take to complete an item. Many factors go into things such as, the level of the task, how many developers are working on it, if they can devote their full time. It is very difficult to judge a timeline based on these factors, and others. The timeline I listed is very rough, but we have a "private" items of things we need to complete.
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Originally Posted by Fahim Ferdous
2. How are you going to afford $2,500 for multiple programmers and price it below IPB and VB?
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We are currently only seeking 1 or 2 additions to the team. We also have a private investor, who funds us. We are paying him over time, and not immediately this allows us to price below our competitors but still giving the programmers enough money to produce a great product.
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Originally Posted by Fahim Ferdous
4. Would the programmers be paid per hour? I don't understand how the payment system works.
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We are at this time not seeking any developers who demand to be paid per hour. As we are not sure how long it will take each developer to complete their own part. At the very minimum you will receive $500, and a share of the profits, at the most $2,000 and a good sum of the profits.
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Originally Posted by Fahim Ferdous
3. I've been reading a bunch of posts lately and Infinity has brought to my attention about a scammer who is looking for his own bulletin board system. So, how can we trust you?
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I am very sorry but I am very new to the forums, so I do not know an "Infinity", but I am assuming it is a user. Trust is very hard over the Internet, I personally have been not-payed, or gave money to individuals the money who never completed the work. So we have an employment contract that allows no-one getting the "bad end" of the deal.
If you have anymore questions don't hesitate to contact me.