Product Description

We are in the process of building 2 tire and plastic recycling facilities. 1 in Indianapolis, Indiana, and 1 in Knoxville, TN. They will each be capable of producing 1, **0 barrels of oil per day from recycled tires and plastic. Our lender requires that we have off-take agreements in place prior to starting the construction of our facilities. To accomplish that we are willing to make what I hope you will see is an offer that could be very profitable to your company and at the same time allow us to get our funding to build our facilities. Our offer would be structured like a futures contract. To build 2 of these facilities costs $**0 million. We would offer a futures contract equal to the $**0 million necessary to build the facilities. The company that signs the contract would agree to purchase $**0 million of oil from our company. The agreed price of that oil would be the current price of oil the day the contract is signed. Delivery would begin once our facilities became operational. At delivery your company would have the option of taking delivery at the option price, or the current price at time of delivery, whichever is cheaper. Example; If the price of oil at the time of the contract signing is $*0 per barrel and the price of oil at delivery is $**0 per barrel, your company would pay $*0 per barrel for the oil we deliver. Your company would realize a $*0 per barrel profit from the oil purchased from our company. All the economic forecasts I have read anticipate an inflationary period around the corner. This would be an excellent hedge against that for your company. It is an arrangement that costs your company nothing up front and makes money for your company once we are operational. It is good for us because it allows us to obtain our financing and begin construction. It is a mutually beneficial arrangement in which I hope you see the value. If you have any questions do not hesitate to contact. I would enjoy the opportunity to follow up with you.