BioJet Corporation (www.biojetcorp.com), a Nevada corporation, has been formed with the objective of being an international leader as supply chain integrator in bio jet fuel for aviation. This fuel is now properly referred to as Synthetic Paraffinic Kerosenes (Bio-SPK). Bio-SPK is being certified for commercial use by the American Society for Testing and Materials International (ASTMI) who estimates that certification will be complete by the end of 2010.

The Company has entered into a letter-of-intent to sell 4.0 million barrels (bbl) of biojet fuel to a large distributor. This compliments our source contract for delivery of 375,000 bbl of jatropha in 2011, increasing to 5.0 million bbl of jatropha by 2015.

The primary issue in any biofuel is the feedstock. The Company is fundamentally agnostic with regard to feedstocks and is committed to utilizing any and all sustainable and economically viable feedstock in the fulfillment of its mission. These include jatropha, camelina, algae, and designer sources. That said, we believe that today and for the next several years, jatropha will be the credible, prime feedstock. Hence, we already control millions of barrels of jatropha feedstock. The Company believes jatropha oil is by far the most desirable biofuel partial replacement to jet fuel and this translates into a potential market of 200 million barrels of jatropha jet fuel per year.

The world’s annual consumption of jet fuel (excluding military) is about 2 billion barrels and the International Air Transport Association (IATA) has stated it wants 10% of jet fuel to come from
biofuels by 2017. In a move that leads the world, beginning January 1, 2012, 4,000 jet aircraft operators including all airlines must reduce their emissions or face a European Union airport ban.

BioJet’s Mission is to:

• To enable the interface of Bio-SPK, aerospace, and carbon markets.

• To develop the Bio-SPK-to-jet market and markets for related turbine and aerospace applications.

• To provide a cooperative single-point exchange for the worldwide supply and forward purchase of bio jet fuel.

• To develop and implement quality standards and certification.

• To develop the carbon market and become the world leader in carbon credit development of the bio jet fuel application.

• To assist feedstock developers in project financing where production is targeted for jet consumption.

The Company has a strong, experienced management team with a clear strategic vision, and has put in place the management, sales, and logistics infrastructure to achieve effective, rapid growth and increasing profitability. The team markets bio-jet fuel to distributors and end-users for use as aviation fuel, and monetizes the carbon offsets it accrues from these sales.

Demand for petroleum is forecast by the Energy Information Administration (EIA) of the US Department of Energy to increase 37% by 2030 to 118 million barrels per day. Accordingly, worldwide conventional oil supply is estimated to be depleted within 40-60 years. Because biofuels are a substitute for petroleum its market is closely tied to that of petrofuels. The properties described below make jatropha one of the lowest, if not the lowest, cost means of biofuels production.

The primary drivers for the substitution of biofuels for petroleum jet fuel are: Energy independence, climate change remediation, economic development, hedging, and the search for fuels that are lower in cost or in price volatility.

• The desire of aviation companies and governments to find an alternative supply to radically fluctuating availabilities and pricing of petroleum fuels. 2008 acted as a serious wake-up call for many with prices of oil reaching $147 per barrel and the end user price of jet fuel reaching $3.60 per gallon.

• The worldwide push to address climate change is creating regulatory changes which will force the increased use of biofuels. In the United States, Renewable Fuel Standards mandate annual increases in renewable fuels in the transportation fuel mix.

• The Kyoto Protocols on reduction of greenhouse gas emissions require the signatory countries to reduce carbon emissions. This is being achieved by burning fuels with lower carbon emissions, such as biofuels, or purchasing carbon credits to support Clean Development.

(a) Mechanism (CDM) projects in developing countries. The EU is particularly aggressive in this area and California is currently drafting regulations along similar lines.

(b) Airlines, aerospace companies, and militaries are all actively pursuing substitutes for petroleum-based fuel.

(c) The price of petroleum oil, while roughly at parity with the price of plant-oil today, is highly unlikely to remain this low over time. Many analysts expect oil to rise again to prices in the $80-120/bbl range within a very few years. There is little question that over time, biofuels and particularly jatropha-derived fuels, will be significantly cheaper to develop with significant profit margins for those in the supply chain, particularly as carbon pricing becomes more widespread. In addition, taxes are likely to be lower for biofuels than for petroleum-based fuels, further advantaging them in the marketplace.