XVI. Management’s Discussion and Analysis or Plan of Operations Better Energy Concepts Inc., operates as an energy consulting company in the United States with a focus on the mid- Atlantic region. It acquires controlling interests in or participates in the creation of those projects while providing financial, management, and technical support to development stage businesses, primarily in the green energy industry. Better Energy Concepts is a venture capital and consulting company which recently engaged in the development of several conventional and renewable energy projects in South Carolina, with the intent of positioning itself as an emerging energy business hub in the Mid-Southeast. We facilitate joint venture projects through direct customers, regional environmental engineering companies, and the government. The company assists energy industry target companies in various areas, including the development and implementation of business models and corporate infrastructure, such as management teams, qualified sales and marketing departments, information technology, finance and business development; and the management of rapid growth. It also assists target companies in evaluating, structuring, and negotiating joint ventures, strategic alliances, joint marketing agreements and other corporate transactions by providing advice relating to corporate finance, financial reporting, and accounting operations. The Company currently identified 4 energy projects, which are in the early stages of development. The total capital costs are estimated to be $620 mm are proposed to be financed with project debt of $410 mm and equity of $210 mm (Pre- development Equity of $10 mm).
XVII. List of the securities offerings and shares issued for services in the last two years:
NONE; Aside from the transactions listed in the section XVIII. XVIII. Material Contracts / Material Board and Executive Resolutions: In recent months the company has entered into 4 material contracts and significant Board and Executive Resolutions that could have the effect of materially influencing the asset and income/revenue status of the Company Operations; i.) 10/14/10; CEO ratifies an Executive Resolution to engage an SEC qualified Auditor and to take necessary steps to upgrade the Companies listing to NASDQ OTC.BB. ii.) 11/17/10; CEO ratifies an Executive Resolution to enter into LOI for the purchase of 20,000 acres of oil properties in Ontario, Canada iii.) 12/17/10; CEO executes a Consulting Agreement with Syndication Inc. enlisting advice on the Acquisition Development of 2 target companies and Structuring of the Company’s Capital Markets relating to those transactions. iv.) 12/18/10; CEO executes a Consulting Agreement charging him, (CEO, Briddle), with responsibilities related Plant Operations Oversight for Sentinel Renewable Energy S.C. Inc. v.) 12/22/10; CEO ratifies an Executive Resolution to establish the Company’s renewable energy subsidiary.
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