Tuesday, August 10, 2010 1:57:36 PM
August 10, 2010
Sustainable Power Corp.
Board of Directors
Principal Shareholder
Gentlemen:
Effective immediately the undersigned hereby resigns as an officer and
director of Sustainable Power Corp. As you are aware, the existence of the
ongoing litigation by the US Securities and Exchange Commission against the
founder of SSTP has made funding of SSTP very difficult. Without funding, SSTP
has been unable to maintain directors and officers liability insurance. While I
have persevered for some time without such insurance, I cannot continue to do
so. I will remain as securities counsel for the company for now despite such
lack of funding.
It is with much regret that I take this action as I continue to strongly
believe in the long term viability of the technology underlying the company and
its potential impact on the energy needs of the United States and the World. I
took the position originally not because of potential financial opportunities,
but rather because of my desire to assist with what I continue to believe is
world-changing technology for the betterment of humanity.
In the event the company is able to resolve its funding issues I would be
available to further assist in this fabulous opportunity.
Sincerely,
\s\ M. Richard Cutler
M. Richard Cutler, Esq.
FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM