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Tuesday, 08/12/2008 9:40:04 PM

Tuesday, August 12, 2008 9:40:04 PM

Post# of 21
We were incorporated in the State of Nevada on November 20, 2006. In December 2006, we commenced a private offering of our common stock, whereby we sold an aggregate of 346,190 shares of our common stock to 307 investors, none of whom are residents of the United States, at a price of $10.00 per share, for aggregate proceeds of $3,461,900.

Our predecessor company, Amuru International Inc. was incorporated in the State of New York, on October 30, 1998. On April 28, 1999 Amuru International Inc. amended its Certificate of Incorporation to change its name to Amiworld, Inc. (“Amiworld-NY”). On May 12, 1999 Amiworld-NY’s Common Stock was listed on the Bermuda Stock Exchange (BSX) under the symbol “AMI-BH”. Amiworld-NY was formed with a very narrow investment objective of acquiring resort properties in the eastern United States. While Amiworld-NY was seeking out appropriate resort properties, it also sought out alternative investments that could fulfill its investment objectives. Seeking diversity and desiring to get operations in place, Amiworld-NY made the decision to invest in non-resort investments.

On August 15, 1999, Amiworld-NY purchased a majority interest in CAD Academy JPN. On October 5, 1999, Amiworld-NY purchased a majority interest in Net School Systems JPN. Amiworld subsequently sold its’ investment in CAD Academy JPN in November 2001 and it sold its’ interest in Net School Systems JPN in February 2002.

In early 2005 Amiworld having no active business operations began the process of rebuilding the Company and worked on restoring its status by developing several new viable business opportunities, creating a sustainable business plan and seeking capital to develop these strategies. By 2006 Amiworld decided to focus its efforts on pursuing energy related businesses and to develop a new market for its stock.

In October 2007, the registration was approved by Securities and Exchange Commission. Amiworld continues to develop the petroleum refinery and the biodiesel refinery, and in November 2007, the petroleum refinery was completed and in January 2008, the biodiesel refinery was completed. While Amiworld is engaged in the production related to energy and the resale business, it also promotes the development of the shipping business with its own vessels.




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