Solar Wind Energy Tower Inc. (fka SWET)

[Cycleman]

The agreements are identical save for the name of the "Developer" which is now AGP instead of SWET. The original agreement was entered into in April of 2014 and was effective for a period of three years. It renewed only if SWET started construction which it has not. Accordingly, it was nearing its expiration date. This is not a new "development" demonstrating advancement of SWET's proposal to build the tower. To maintain any premise that this thing is still alive, SWET needed to either renew (and assign to AGP) the existing agreement or enter into a new agreement with AGP as a party rather than SWET.