As ideal projects are located we will work with our private partners to produce estimated conversion costs for each potential Acq. property. This is done, in large part, due to changes in the private funding financial structure. That new structure has recently been proven with a new $2B TRUST which we view as first rate. This rating based on the non profit funds willing to invest. This maybe directly related to timely annual disbursement factors, no doubt attractive, to the TRUST Partners. As our own program moves forward, we are selecting, in the black, green energy working models, that might be assisted by SEEDING. See as news might warrant, footnote.

We will be contacting our long standing private base to secure working partners while reporting back with regard to our own private TRUST as news might warrant. Both big cap and mid cap working partner project cost est. will be added together as needed. This will provide all potential TRUST Holders with total potential cost considerations per possible project Acq.

IT has come to our attention as of Dec. 17, 2010 that a present number for old energy design clean retro fit is projected to be far to small from our viewpoint. Currently we see this from a more advanced clean solutions perspective that is (LAER) by design. Revised and extended remarks are held as private at this time as the numbers become VITAL. The current number that has been used to make this project possible is no where near what we would need to get the job done utilizing (BACT) as we see it, much less (LAER). This disconnect is on the order of less than half of the true projected costs considerations that should be used and even that number may not work. Those who do not get this FACT either don’t care about the environment or don’t understand why it is important to do the JOB right the first time.

This means business development information is limited in scope here, however we do wish to keep our friends posted as to all potential future developments.

This is very important work and it should be done with far more size and speed than we have the time or power to devote to it, however these are very long term green sustainable objectives demanding VAST potential outlays of time, effort, and money that must be considered. Anyone who might wish to agree with the numbers currently provided may simply be fooling themselves with regard to old energy designs and demands, which are extensive. Many of these properties are well over 30 years old.

Such is the nature of alternative energy in America. This new TRUST aspect will change the snail pace seen for the last 22 years, if and only if, real numbers are being used for possible conversion to clean sustainable solutions. That may happen as (BACT) numbers shift to what truly might be regarded as Best Available Control Technology. If we do the JOB it will not only meet (BACT), it will meet (LAER) Lowest Achievable Emission Rate objectives.

As News Might Warrant, See Private File 2112011 via the Bio Energy Strategic Integration Officer.

JP