Better Environment Concepts, Inc. (BEEN)

[SAE]

Tallstahl,

I agree with what you wrote based on these two paragraphs from today's press release, but the proof with be in what is accomplished, imo. Somebody in every company needs to be serious about the burn rate of limited capital! In the first paragraph it seems that there will be some necessary control and rate of interest based on what money is spent on, ie. items that can be sold if needed/collateral compared to eating through precious financing with salaries and other expenses...Also it looks like BEEN is diversified as a business, but sees some value in teaming up with SYNJ for the South Carolina opportunity, imo. Stockinvestor

Both the conversion and interest rate will adjust based on a schedule related to the categorization and risk of the use of proceeds. For example, assets that can be collateralized, (plant, equipment, land), will bear a lower rate of interest and conversion ratio. Whereas, higher risk draws approved for the purpose of working capital and pay roll will fall into the higher rates of interest and conversion ratios. In conjunction with the $1 million debenture, BECI was also granted an oversight and disclosure agreement affording it strict rights and controls over the use of proceeds.

It is true that BECI's interests are primarily in traditional fossil fuel industries and we are currently engaged in negotiations for the purchase of multiple fossil fuel based business properties. However, we believe the future of the energy industry is shifting toward the renewable energy markets and the SRE S.C investment is a great first step in that direction and complements our overall energy development pursuits."