Sustainable Power Corp (fka SSTP)

[king oil]

I also believe that MG is a man of great integrity

I'll assume you are referring to Michael Garjian? A man of great integrity who swears to Rivera's honesty?

A man who stated 7 years ago that all of the below would be done in 18 months?

With the caveat that these are forward looking statements, yada, yada, yada, Vee-Go’s short to term goals (2 weeks to 18 months) are to:

1. Formalize the Mass MOU and appoint the USSEC/SPC/Vee-Go/E2M entity formed per the MOU as the exclusive source of USSEC/SPC products in Massachusetts.

2. Determine the viability of the catalyst activated carbon in USSEC soyash as a potential detoxifying agent for several mycotoxins including vomatoxin, aflatoxin, deoxynivalenol (DON), T-2 and others. Tests are now being conducted by a Virginia agricultural laboratory associated with CCC Feeds.

3. Test the viability of USSEC soyash as a coal replacement by determining combustion characteristics and the effect of phosphates on the catalyst now used in powerplant SCR scrubbers to mitigate sulfur and NOx emissions. Tests are now being conducted by a privately owned power plant in the northeast USA.

4. Establish the viability of USSEC soyash as a fertilizer for northeastern regional crops, including, but not limited to corn and tobacco. Tests soon to be conducted by local farmers and CCC Feeds.

5. Sign long term “pay or take” agreements with utility customers and attain a cash flow from the Massachusetts sale of Rivera green electricity, fertilizer, biofuel REC’s, and fertilizer REC’s in 2007.

6. Establish a biofuel plant in either Holyoke, Springfield or Westfield, MA producing at least 800 tons a day of fertilizer for sale at $.125 to $.150 per pound including REC’s and 400,000 to 550,000 gallons a day of Rivera biofuel at 10% below a mutually acceptable fossil fuel benchmark price such as the current NY diesel #2 barge price as listed on www.joc.com, plus associated REC income of $50 per megawatt hour.

7. Utilize the entire output of the above biofuel facility to supply several potential customers with whom I am in various stages of discussion and due diligence.

8. To import Rivera biofuel by RR tanker or preferably by barge to New Haven, CT to be delivered by existing jet fuel pipelines to Western Mass until our biofuel plant is up and running.

9. To continue in collaboration with Central Connecticut Cooperative Farmer’s Association, other farmer coops in the eastern US, a farmer owned corporation in Canada, and hopefully state and federal agricultural authorities to establish a family farmer initiative to grow biofuel feedstocks in the Northeast and eastern seaboard states. Initial feedstocks could include soybeans, corn, and canola. Purchase to be direct from farmer’s silos, price to be cost plus guaranteed profits for 20 years to purchase 80% of harvest, 20% of harvest to be retained by farmers for market rate sales if they desire, fuel to be supplied to them at $.99 per gallon adjustable for inflation over 20 years, electricity if under our control to be deep discounted, and discounted fertilizer to be provided by us.

10. To continue to work closely with Massachusetts elected state officials at all levels to create an alternative energy initiative that will shine as a beacon for other regions as it utilizes resources to be made available by the proposed and hopefully soon to be enacted Massachusetts Green Communities Act of 2007 at http://www.mass.gov/legis/HD4254.pdf

11. To inject $1,000 to $10,000 a day into the E2M Regional Economic Council to introduce E2M’s community conscious capitalism and create the community wealth that will establish, as a pilot region, the sustainable E2M economic model in Western Mass, http://www.e2m.org. This will result in the formation of inner city youth entrepreneurial programs, low interest loan programs, entrepreneur friendly venture capital investment funds, the launch of 500 or more new small businesses, the funding of social initiatives to create affordable housing, provide jobs and social support to returning veterans, break the cycle of poverty, address violence in the family, reduce hopelessness among the young, and help to revitalize American democracy as our Founder’s originally created it here in Massachusetts, the birthplace of American democracy.

Vee-Go’s medium term goal (two to five years) is to:

1. See the above duplicated in at least five regions in the Northeast US and Saskatchewan, Canada.

2. Fund programs enabling the University of Massachusetts-Amherst an agricultural land grant institution to conduct R&D on additional biofuel feedstocks such as crambe, flax, algae, chicken and horse manure, organic wastes, and other experimental organic materials.

3. Establish a small municipal electric utility next to a municipal wastewater treatment plant to research the cultivation of algae based organisms in municipal wastewater streams energized by CO2 emissions from electrical generation.

4. Fund current embryonic initiatives to augment traditional agrarian style crop production techniques with new technical agricultural growing techniques whereby life sustaining foodcrops are grown much more efficiently, organically, and year round in greenhouses with rigidly controlled atmospheres devoid of harmful insects and pathogens. By using USSEC biofuels to generate electricity for efficient, crop enhancing, full spectrum, lighting; greenhouse heating; crop fertilization; and by redirecting the CO2 from heater exhausts into greenhouses to increase plant growth rates, important foodcrop yields may exceed, by multiples, traditional techniques as crops flourish year round, 24/7, under glass while outside lands produce additional food crops as well as biofuel feedstocks.

I believe each of these goals is not only possible, but probable and I hope to exceed the indicated timelines.


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