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What is BioJet ? What is BioJet ?

Biojet V25 M

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BioJet $25M pre-IPO interim bridge funding requireements

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Page 1: Biojet V25 M

What is BioJet ?What is BioJet ?

Page 2: Biojet V25 M

BioJet is the leading international

supply chain integrator and provider of

renewable and sustainable

jet fuel to the airline industry.

Page 3: Biojet V25 M

Airlines spend

$250 BILLION

a year on jet fuel

Page 4: Biojet V25 M

Jet fuel is getting expensive

Demand

Peak Oil

Increasing prices

2011Years 2020

Problem

Page 5: Biojet V25 M

Airlines are desperately

seeking price stability

4.76

3.57

2.38

1.19

0

$/gal

150

100

50

0

200

$/bal Jet fuel Price (IATA)

2007 2008 2009 2010 2011

Problem

Page 6: Biojet V25 M

$0.54 $0.58

$1.02

$2.17 $2.15

$3.00 (Est)

1990-95 1996-00 2001-05 2006-10 2010 2011

Something needs to

change...FAST

Problem

Page 7: Biojet V25 M

European Union starts Jan 2012, target

ten percent by 2020

Estimated penalties in 2012 will

cost airlines $1.9 billion and $9.7

billion in 2020

And... airlines are

mandated to reduce

carbon footprints

Problem

Page 8: Biojet V25 M

IATA 2017 target is 10 percent

biofuels -

$30 billion/yr opportunity

Opportunity

Airlines want 50 percent biofuels -

$150 billion/yr opportunity

Page 9: Biojet V25 M

World’s first biofuel test flight took

place in Dec 2008

The next month

Mitch Hawkins formed BioJet

History

Page 10: Biojet V25 M

New

Technologies

BioJet rationalizes,

integrates, manages and is a

principal in...

Feedstock

Refining

LogisticsOfftake

Contracts

Strategy

Page 11: Biojet V25 M

Generation FeedStock Energy Bal. Time Frame

First Corn/Soy/Palm 1-1.3 Now

SecondJatropha

Camelina1-4

Now - 5-10

yrs

ThirdWaste BioMass

Algae/Sugars1-15 5-10 yrs

Fourth GMO/Algae 1-30 10-20 yrs

Like the oil companies,

we control our feedstocks

Feedstocks

Page 12: Biojet V25 M

We had started with 2.5

million hectares of jatropha

in the Philippines, Peru, 10

other countries

Acquired:

Abundant BioFuels with

4.3 million hectares

Total =

6.8 million hectares

Feedstocks

Page 13: Biojet V25 M

Next we added 750,000 acres

of camelina in Argentina JV with Great Plains

Feedstocks

Page 14: Biojet V25 M

Joint ventures with

three major refineries

in the Caribbean, So. Asia

and Europe, using UOP

technology

Refining

Page 15: Biojet V25 M

Refining

Our mini

refinery JV will

revolutionize the

economics

of production and

distribution of

BioJet’s fuels

Page 16: Biojet V25 M

We are working on new feedstock

developments,

genetic engineering and

refining technologies

TECHNOLOGY...

Technology

Page 17: Biojet V25 M

Logistics is critical

Logistics

Page 18: Biojet V25 M

$0.54 $0.58

$1.02

$2.17 $2.15

$3.00 (Est)

1990-95 1996-00 2001-05 2006-10 2010 2011

Bringing it together

BioJet - Appox. $2.50/gal

Solution

Page 19: Biojet V25 M

Contracts

$20 billion

in contracts

Page 20: Biojet V25 M

Team

CEO - Mitch Hawkins

COO - Wayne Van Dyck

SVP Sales - James Pfeil

SVP Refining - Bruce Berwager

SVP Gov - Robert Martin

Gen Counsel - Mathew Ladin

CFO - Paul Robinson

VP Corp Dev - Andrew Noll

VP Latin Am - Damiana Serafini

The brains

Page 21: Biojet V25 M

Team

Board of Directors Mitchell R Hawkins

Renat Heuberger

Don McCarthy

Ralph Adams

Global Advisory BoardNathan Agnew

Dr. Dan Colbert

John C. Shideler, PhD.

Meghan Sapp

Guarav K. Shah, MS

Samuel (Sandy) Hale, PhD

Michael M. Wadden

Joseph Lambert

Glenn Rambach

More brains

Page 22: Biojet V25 M

Milestones

Corporation formed Jan 09

EU carbon regulations Feb 09

World’s largest feedstock contract Apr 09

$1.2 billion equity funding commitment Feb 11

Argentina camelina JV formed Jun 10

First ‘Alternative Fuels Partner’ of IATA Mar 10

Strategic refining agreement with UOP Nov 09

First biofuels test flight Dec 08

Camelina teaming JV with Great Plains Jan 10

Page 23: Biojet V25 M

BioJet 2013 2014 2015 2016 2017

Barrels 1.1M 3.8M 7.7M 8.1M 13.5M

Income $ 104M 437M 961M 1,132M 1,580M

Expenses $ 82M 348M 788M 893M 1,261M

Profit $ 22M 89M 173M 239M 319M

Objectives

Page 24: Biojet V25 M

Seeking strategic

partners...

Major refiner to support and assist

with ten to fifteen major refinery

projects.

Major energy finance / funding

group to provide

$7 billion in project financing

SStrategy

Page 25: Biojet V25 M

In 5 years we will be producing...

24M barrels of

renewable and

sustainable jet fuel

grossing $3 billion in revenues

netting $690 million

be worth over $4 billion... and

leading the world’s green jet revolution.

Objectives

Page 26: Biojet V25 M

The competitive landscape...

Competition

Page 27: Biojet V25 M

$25M bridge equity investment:

8 million shares

Estimated $64 million-$80 million

at initial public offering in 6 to 8 months

Estimated $180 million-$240 million

In 4 to 5 years

Financing

Page 28: Biojet V25 M

Use of Proceeds

Working Capital $4M

Feedstock Projects

Jatropha $8M

Camelina $6M

Refining Projects

UOP $3M

Mini Ref JV $2M

Financing

Page 29: Biojet V25 M

Near Term Strategy

Complete equity financing

Complete public offering

Ramp and finance feedstock

productionLaunch mini refinery pilot

Draw down equity funding

Page 30: Biojet V25 M

Huge and Exploding Market

Compelling Business Model

Feedstock Control

Big First Mover Advantage

Market Leadership

Experienced Management

$1.2 Billion ‘Equity Partners’ Funding

IPO in Six to Eight Months

BioJet summary...

Page 31: Biojet V25 M

Scaling Financings

AirTransportActionGroup is striving for 6%

biofuels by 2020

European Commission expects 40% biofuels

by 2050

To meet the demand, near to 290 biofuel

refineries will be required to be built over

next 20-30 years (one per month) at a

capital cost of $200M-$500M each,

a total of $58B-$145B

Page 32: Biojet V25 M

Here’s an investment that changes

the airline industry, saves

the planet AND

provides a

big ROI.

BioJet

Page 33: Biojet V25 M

for more information:

Yusuf A. RahmanManaging Director

Alta Vista Sdn BhdPrivate International Equities

Kuala Lumpur, Malaysia

+60123034036

[email protected]