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Better Energy Concepts Inc.
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.)[color=red] 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.[/color]
Subsequent Events; Post 12/31/2010; Material Contracts/Material Board and Executive Resolutions;
i.) 01/02/11; CEO ratifies an Executive Resolution to move forward with final terms for the
acquisition of a Texas Mineral Refinery Company.
ii.) 01/04/11; CEO executes a Stock Purchase Agreement, (SPA), for 20% of Sentinel Renewable
Energy, S.C., (SRE S.C.) in exchange for a $1,000,000 loan investment and 10% of the
Company’s Common Stock.
iii.) 01/04/11; CEO executes an agreement for a $1,000,000 dollar debt investment subject to
subject to strict oversight declarations of “Use of Proceeds” and draw down criteria
agreement from SRE
iv.) 01/20/11; CEO ratifies an Executive Resolution granting Sentinel Renewable Energies S.C.
Inc. and its’ Parent Company, Syndication Inc. the authority to officially disclose, at their
discretion, the terms of our Company’s $1 Million Debt Investment into their Company, the
20% Purchase of SRE S.C., and the 2 Consulting Agreements, (the Capital Market and
Acquisition Structure Agreement and the SRE S.C. Inc., Plant Operations Oversight
Agreement).
www.otcmarkets.com/stock/BEEN/financials
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