jbj newsletter

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Vol. 1, Issue 1 To enable the interface of Jatropha, Aerospace, and Carbon markets. To develop the Jatropha to Jet market and the mar- ket for related turbine and aerospace applications. To provide a cooperative single point exchange for the worldwide supply and forward purchase of Jatro- pha jet fuel. To help develop and implement quality standards and certification. To develop the carbon market and become the world leader in carbon credit development of the Jatropha jet application. To assist Jatropha developers in project financing where production is targeted for jet consumption JatrophaBioJet’s Mission is: News......... INSIDE this issue June 2009 Welcome to the inaugural issue of the JatrophaBioJet Newsletter. Each month we will keep you updated on current events and progress while sharing new and exciting information about bio jet fuel in the environment. JBJ’s commitment to become a world leader in bio jet fuel and associated carbon credit development gives way to the highest standard in quality and certification. We look forward to sharing our success with you. pg. 2 pg. 4 pg. 7 pg. 9 pg. 10 JBJ Team.... Partners..... Calendar ..... Contact Info........... Greetings! Check us out on the web... atropha et.com io BIO FUELS for Transportation” Tues. June 10, 6:00 p.m. Cabrillo Pavilion Arts Center Join us

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Monthly newsletter from JatrophaBioJet.

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Page 1: JBJ Newsletter

Vol. 1, Issue 1

To enable the interface of Jatropha, Aerospace, and Carbon markets.To develop the Jatropha to Jet market and the mar-ket for related turbine and aerospace applications.To provide a cooperative single point exchange for the worldwide supply and forward purchase of Jatro-pha jet fuel.To help develop and implement quality standards and certification.To develop the carbon market and become the world leader in carbon credit development of the Jatropha jet application.To assist Jatropha developers in project financing where production is targeted for jet consumption

JatrophaBioJet’s Mission is:

News.........INSIDE this issue

June 2009

Welcome to the inaugural issue of the JatrophaBioJet Newsletter. Each month we will keep you updated on current events and progress while sharing new and exciting information about bio jet fuel in the environment. JBJ’s commitment to become a world leader in bio jet fuel and associated carbon credit development gives way to the highest standard in quality and certification. We look forward to sharing our success with you.

pg. 2pg. 4pg. 7pg. 9

pg. 10

JBJ Team....Partners.....Calendar.....ContactInfo...........

Greetings!

Check us out on the web... atropha et.comio

“BIO FUELS

forTransportation”

Tues. June 10, 6:00 p.m.

Cabrillo Pavilion Arts Center

Join us

Page 2: JBJ Newsletter

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NEWS Mitch Hawkins CEO of JatrophaBioJet Corporation: “The introduction of [the Waxman- Markey bill] marks the beginning of broader, new changes in climate activity for American business. The consensus… was that the bill would work its way through the laby-rinth of Congress and be signed by the President by the end of 2009. The im-pact for Biofuels will be excellent and couldn’t be better for our businesses.”

April 29: JBJ CEO, Mitch Hawkins, in Biofuels Digest

Negotiations Continue... JatrophaBioJet is currently negotiating with several petroleum ditributors for the sale contracts for biojet Fuel.

Strategic Partnership with SGS SGS is the world’s leading inspection, verification, testing and certifica-tion company. Recognized as the global benchmark for quality and integrity, they employ over 55,000 people and operate a network of more than 1,000 offices and laboratories around the world. www.sgs.com, www.sgs.com/alternativefuels

Page 3: JBJ Newsletter

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April 14: Grow contracts signed with AbundantBioFuels The terms of the contract were undisclosed, however in general, thequantity ramps quickly to 5 million barrels per year and remains at that levelfor more than a decade with pricing indexed to price fluctuations of WTI crude petro-leum oil. JatrophaBioJet CEO Mitch Hawkins said “We believe this is by far the World’s largest source contract dedicated exclusively to aviation bio-jet fuel and is a milestone in the process of providing bio-jet fuel to the aviation industry. It also represents a major step for our company in achieving our goal of providing 30 million barrels of bio-jet fuel annually.” Dr. Charles Fishel, Chairman of Abundant stated “Abundant Biofuels is very pleased to participate as a first-mover in development of the Jatrophabio-jet commodity chain. We especially appreciate the innovative price indexingwhich JBJ has worked out. It falls in line with their philosophy of transparencyin pricing of oil and carbon offsets.” Both companies expect demand for aviation biofuels to exceed 200million barrels annually. “Recent studies show that worldwide aviation isone of the most rapidly growing sources of CO2 emissions and has contributedto almost 5% of global climate change, almost twice previouslythought” said Hawkins. He went on to say that European Union mandatesto reduce climate change have been announced which will affect approximately2,700 airlines.

The Air New Zealand biofuel test flight went very well, by all accounts. The Jatropha-derived fuel performed as well as the normal Jet-A1 fuel in the oth-er three engines of the Boeing 747-400. There will now be some further on-the-ground tests to be completed in Auckland before the second-generation biofuel is taken for even more analysis and then the rigorous steps towards certification for use in normal flights. You can’t fault our industry for being cautious with these things!

December 29, 2009: Air New Zealand Jatropha Flight

NEWSWatch the actual test flight at JatrophaBioJet.com

Page 4: JBJ Newsletter

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TEAMMitchell R Hawkins, CEO

Mr. Hawkins has enjoyed a 40 year career as a busi-ness developer, real estate developer, and financier. His management experience includes multiple environ-mental and traditional real estate, durable consumer goods, technology commercialization and aerospace, environmental commodities and investments aggregat-ing over $1 billion in closed transactions. He is President of Mitch Hawkins & Co., Inc. which is the outgrowth of a family marketing business started in 1958. For much of the current decade he has worked in the burgeoning commoditization of the multi-trillion dol-lar market for prevention and/or restoration of damage done to renewable and nonrenewable natural resourc-

es. He believes strongly the opportunity before us is to address the 5,000 year legacy of depletion and destruction of our natural resources and transform it into a potential $100 Trillion worldwide inventory of restorable and renewable assets and the underlying paper (Carbon Credits, Natural Resource Damage Credits, etc.) which can be traded much like a security.

Dr.Colbert has broad experience in founding and building young enter-prises. He has been an academic, serial entrepreneur, venture capitalist, and administrator. Dr. Colbert serves as the Executive Director of the Institute for En-ergy Efficiency at the University of California Santa Barbara, where he built the program from its beginnings. The Institute for Energy Efficiency was established on the foundation of world-leading research in technologies that impact energy

efficiency. These activities will change the way people around the world think about, produce and use energy, while educating and training a new generation of energy technologists for the emerging energy economy.

Dr. Daniel T. Colbert, President and COO

Page 5: JBJ Newsletter

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Paul T. Robinson, CFO

James Pfeil, Senior VP-Sales and Distribution

Bruce A. Berwager, PE, Sr. VP of Operations

Paul has over 30 years of fi-nance, accounting and investment banking skills acquired at private and public companies. Key positions in-clude Chief Financial Officer (CFO), V.P. Finance, and Managing Partner ofan investment banking boutique. Most recently, Paul was CFO at Pavilion Energy Resources (oil & gas) and Insights International (software), as well as several .com startups. As Man-aging Partner of WestOaks Capital Group (located in Southern California), Paul was responsible for raising capi-tal for emerging growth companies, originating merger and acquisitions and initiating IPOs in various industries (over $500 million). He was an advi-sor for Banker’s Trust of New York and Sumitomo Trust and Bank, New York & Tokyo.

Jim has over 30+ years of ex-perience in high-volume, fast paced C-store retail/service station operations managing and leading up to 400 em-ployees and $300 million in sales. From 1984 to 2007, he was the founder and president of Central Coast Oil, that op-erated 38 service stations/convenience stores. His responsibilities included managing all financial planning, analy-

Mr. Berwager has over 30 years of worldwide energy industry experi-ence in management and engineering roles with major integrated energy companies (Chevron, ConocoPhillips, and Unocal), and mid-sized indepen-dent energy companies (Venoco and Warren Resources). He has worked on energy projects in the petroleum sector in the United States, Middle East, Europe, Latin America and SE Asia.

sis, and executive operations. This included planning, budgeting, forecast-ing, sales, HR, IT, finance, strategic vision, and administrative initiatives. Jim built a 16-member high-perfor-mance executive management team to execute the strategic planning pro-cess and formulate the organizational vision and strategic direction. The Company’s vendors included 500+ vendors, such as Coca-Cola, PepsiCo, Coremark, & ADP, while his suppliers included Shell Oil, Unocal, ARCO, BP, Chevron, Texaco, and Mobil. In 2007, he successfully implemented an exit plan by divesting all businesses at a favorable profit.

“Commitment to Sustainability”

Page 6: JBJ Newsletter

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Nathan AgnewNathan is the SeniorVice President of Strategy, Planning and Infrastructure for Australia Pacific Airports Corporation (APAC), the owner of multiple airports in the Australasian region.Guarav K. Shah, MSMr. Shah was one of the first chemical engineers to recognize the inherent suit-ability of Jatropha Curcas as a superior feedstock for biodiesel.Samuel (Sandy) Hale, PhDDr. Hale is co-founder and former President and CEO of International Resources Group (“IRG”), a large international environmental, agricultural and natural re-source consulting and project management company.Michael M. Wadden

Michael Wadden is a Senior Executive at Accenture, with more than 15 years experience with the global management consulting, technology ser-vices and outsourcing company.

ADVISORY BOARD

Matthew B. Ladin, Esq., General CounselMatthew is a results-driven leader with experience in both private legal practice and as in-house counsel. He served as the sole U.S. based attorney for Dako North America, Inc., a branch of the European-based global medical device corporation Dako A/S with annual revenues of $350M. While at Dako, he coor-dinated company legal matters that included negotiations, matters concerning the FDA and other regulatory bodies, IPO preparation, litigation management, alternative dispute resolutions, and Intellectual property matters. In addition to his legal duties he collaborated with several departments and directors on the business side of the company and directed team members in various projects.

Andrew T. Noll, Director Corporate DevelopmentAndrew Noll has worked in business development with multiple companies in the renewable energy world. He is adept at cultivating relationships between invest-ment opportunities, new technology and technology commercialization, main-taining client/customer relationships, and conversion of leads to paying clients

The Company Board of Directors consists of five members. The formational Board of Directors consists of Director Mitchell R. Hawkins (Mitch Hawkins & Co), Chairman, CharlesV. Fishel (Abundant Biofuels), and Director Reuben A. Garcia (Xcor Aerospace). Two will be filled within the first year of operations.

BOARD OF DIRECTORS

Page 7: JBJ Newsletter

PartnershipsAbundant Biofuels Corporation Abundant Biofuels Corporation (“ABC”), a Nevada corporation, whose headquarters is located in Monterey, California, is a vertically integrated, next-generation renewable energy company. The Company is engaged in feedstock growth and the production and distribution of biodiesel fuel. ABC will farm and refine Jatropha Curcas (“Jatropha”), a non-food crop biodiesel feedstock, in developing countries. The majority of the Company’s product is expected to be sold and consumed in its country of origin. ABC’s biodiesel product will provide a highly

competitive alternative to the widespread use of imported diesel fuel in the origin countries and is expected to provide significant profit margins due to local, low cost production. A portion of the Company’s products is expected to be exported to Europe and the US under off take agreements. With oil prices expected to stay high or increase over time, management anticipates increasing demand for alternative fuels including biodiesel products.

ABC’s Chairman and CEO Dr. Charles V. Fishel was the founding CEO and di-rector of Gold Star Biodiesel. He serves on the Ecole Poly-technique Federale de Lausaane Roundtable on Sustainable Biofuels (Environmental Impacts Working Group and Social Impacts Working Group) He is the chairman of Hoffman Row Group, Inc., a con-sulting firm that works with emerging technologies and inter-national entrepreneurial ventures. He serves as a director on the boards of several public and private for-profit companies, including the Brownfield Foundation, Inc., a charitable, non-profit corporation dedicated to land recycling for the good of the community and the environment. Their recent consulting projects have involved strategic business planning and corporate finance. 7

Page 8: JBJ Newsletter

Partnerships cont’d

South Pole Ltd. contributes to a more sustainable world by assigning a value to greenhouse gas emission reductions on the market. Market-based instruments are an innovative way to tackle the challenge of climate change. The Kyoto Protocol of the United Nations Framework Convention on Climate Change (UNFCCC) is the first international treaty that contains binding emission reduction targets. By 2012 industrialised countries on aver-age have to reduce their greenhouse gas emissions by 5.2% below their 1990 levels. Emission reductions can either be achieved domestically or by purchasing certificates from abroad. These so-called “flexible mechanisms” form the basis of an international emissions trading market. The Clean Development Mech-anism (CDM) is one of these “flexible mechanisms”. Using the CDM, buyers from industrialised countries finance project activities in developing coun-tries, which contribute to mitigating

climate change and to promot-ing sustainable development.

The CDM Gold Standard is a quality label endorsed by major NGOs. The Gold Standard is an independently audited best practice benchmark for CDM projects that deliver high quality carbon credits of premium value. Initi-ated by WWF, the Gold Standard is supported by approximately 40 environ-mental and development NGOs world-wide. South Pole, currently with ap-proximately 150 carbon projects world-wide, is based in Zurich and has offices on every continent. Founded by some of the earliest experts in Carbon Cred-its, South Pole boasts the highest level of technical expertise in these markets. www.southpolecarbon.com

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SOUTH POLE CARBON ASSET MANAGEMENT LTD

Page 9: JBJ Newsletter

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“Around the World Tour”COMING SOON...

JatrophaBioJet’s “Around the World Tour” will be a promotional flight, in countries of production, exhibiting the practical and advantageous uses of jatropha oil.

Calendar• Tuesday, June 10th, 6 – 7:30 p.m.• Cabrillo Pavilion Arts Center• 1118 E. Cabrillo Blvd. Santa Barbara, CA

Presentations by Dr. Charles Fishel, CEO of Abundant Biofuels Corp. and Mitch Hawkins, CEO of JatrophaBioJet Corp. Presenters will discuss

the status of development of sustainable biofuels for road and air transportation and projections of market growth. A question and an-swer period will follow the presentations.

Page 10: JBJ Newsletter

Contact Information

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Mitch HawkinsChief Executive OfficerJatrophaBioJet Corporationemail: [email protected]

Corporate Address:98 Del Monte Ave., Suite 205Monterey, CA 93940

Mailing address: P.O. Box 490Santa Ynez, CA 93460

jatrophabiojet.com

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