Yes you are right. The site is not done it is still under construction and the site at the moment gets little traffic. (10 unique hits a day) Money wise, I have a few interested business in getting advertisement when it opens but at the moment all work has been halted due to work. Willing to consider an offer anywhere from $100's and up because the site does has alot of work put into it. If you would like to know all the work that has been done go to updates. It list all the work done that users would be able to see and there is a considerable amount of work done on the backend; as in admin panel and such. If you are interested enough I would not mind giving you a tour of the site and how far along it is, its features, ect.
No, how about $10 and 37% of profits for the first year.
Current way at site making $20 a month (2 ads at $20 a month would do this or 4 at $10 a month, 1 would more than cover hosting (chances are twice until the site is big and then their would be more ads and the other would bring in the money)
You get $50 plus $48 in money.
With new way at site making $20 a month.
$10 plus $88.80
If the site made $50 a month though (3 ads at your pricing or 6 at what I will price them)
Current way you would get: $120 + $50 = $170
With the new way you would get: $222 + $10 = $232
If the site made $100 a month (6 ads at your pricing or 12 at what I will price them)
Current way you would get: $240 + $50 = $290
With the new way you would get: $444 + $10 = $454