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 renewable jet fuel, aerospace, and carbon markets.
• To develop the renewable jet fuel market and markets for related turbine and aerospace applications.
• To provide a cooperative single-point exchange for the worldwide supply and forward purchase of renewable 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 renewable 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 renewable jet fuel to distributors and end-users for use as aviation fuel, and monetizes co-products it accrues from these sales.