STL Marketing Group, Inc. (fka STLK)

[d3vnu11]

My DD showing: Costa Rica has energy rates of about $0.20(100 Costa Rica Colons) per 1kWh,

http://www.welovecostarica.com/public/Costa_Rica_Cost_of_Living__Electricity_rates.cfm
https://www.google.com/search?q=costa+rica+colon+to+usd

so 137.5 million kWhs per year, at roughly -> 0.10 cents/ Wholesale kWh equals $13.75 million per year in revenue, depending on the Power Purchase Agreement amount. A PPA means $~250 million revenue over 20 years.

The letter (LOI) states:

The letter, from CNFL’s General Manager states that “CNFL continues with its interest in a power purchase agreement with Versant…” that, “Versant has offered at least 137.5 GWh per year in wind energy and CNFL accepts said energy… As discussed, the wind energy price offered by Versant is within the accepted range as established by the appropriate authorities and approved by ARESEP” and further states that “We hope to sign the contract with you at the earliest possible moment (sometime in the first quarter of 2013).”