Dong Fang Hui Le Inc (DFHL)

[Mick Dodge]

ECTH
The Company anticipates that North American markets will further emerge as legislation and emission standards follow demand from governments and constituents seeking low carbon dioxide coal replacement products. Using current pricing models and after discussions with a major European utility, we anticipate pricing FOB London at $250/ton US. At startup, ecoTECH will produce torrefied biomass at a cost of $125/ton for delivery to European markets.