Alternative Energy (fka AENS)

[Lochan]

I had talked to Mr. Blank before the vote was postponed. It has always been their intention to finance the project by a combination of equity and debt. How much of each? was the question. I think we all know that with a start-up enterprise, you are always having to make adjustments. Nothing goes exactly as planned. They may end up having to
open one plant first before construction of the second plant begins. Who can say for sure? I expect the Company to acquire
an existing ethanol plant before the second AENS plant is completed.


The first plant will be in Iowa and will start off as natural gas but will quickly change over to biomass (coal). At least that is the plan.