Return-Path: Delivered-To: jmelk@aicenergycorp.com Received: from server.64xmedia.com by server.64xmedia.com with LMTP id 8P+bGaHuLmR1KAAAdUq3JA (envelope-from ) for ; Thu, 06 Apr 2023 12:09:05 -0400 Return-path: Envelope-to: jmelk@aicenergycorp.com Delivery-date: Thu, 06 Apr 2023 12:09:05 -0400 Received: from cpe-104-35-22-8.socal.res.rr.com ([104.35.22.8]:50164 helo=iPhone) by server.64xmedia.com with esmtpsa (TLS1.2) tls TLS_ECDHE_RSA_WITH_AES_256_GCM_SHA384 (Exim 4.96) (envelope-from ) id 1pkSAb-0002j6-13; Thu, 06 Apr 2023 12:09:05 -0400 MIME-Version: 1.0 Date: Thu, 6 Apr 2023 09:09:03 -0700 From: "bchen@aicenergycorp.com" Subject: Re: AIC Initial proposal Thread-Topic: AIC Initial proposal In-Reply-To: Message-ID: References: , To: "Riedy, Mark" Cc: "jmelk@aicenergycorp.com" Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="utf-8"
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Hi Mark,

Resend the previous proposal again.

Thanks!
Best regards,
Bob Chen
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From: Riedy, Mark <MRiedy@kilpatricktownsend.com>
Sent:= Saturday, February 25, 2023 5:08 PM
To: bchen@aicenergycorp.= com <bchen@aicenergycorp.com>
Cc: jmelk@aicenergycorp.com &= lt;jmelk@aicenergycorp.com>
Subject: RE: AIC Initial proposal<= div> 
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Thanks, Bob.

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Mark J. Riedy =0A=   = =0A=
=0A= Kilpatrick Townsend & Stockton LLP  =0A=
=0A= Suite 900 | 607 14th Street, NW | Washington, DC  20005-2018   =0A= office 202 508 5823 | cell 703 201 6677 | fax 202 318 4087 
= =0A= mriedy@kilpatricktownsend.com |=0A= My Profile |=0A= vCard
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From: bchen@aicenergycorp.com <bchen@aicen= ergycorp.com>=0A=
=0A= Sent: Saturday, February 25, 2023 7:18 PM
=0A= To: Riedy, Mark <MRiedy@kilpatricktownsend.com>
=0A= Cc: jmelk@aicenergycorp.com
=0A= Subject: Fwd: AIC Initial proposal

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Hi Mark,

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FYI w thanks!

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Best regards,

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Bob Chen

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Get Outlook for iO= S

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From: Bob Chen <Bchen@aicenergycorp.com>
=0A= Sent: Tuesday, February 21, 2023 12:21 PM
=0A= To: dan@altusenergygroup= com <dan@altusenergygro= up.com>
=0A= Cc: Fred Chen <fchen@a= icenergycorp.com>; Fred Chen <fred.chen9@yahoo.com>;=0A= jmelk@aicenergycorp.com <= jmelk@aicenergycorp.com>;= =0A= Jlee@aicenergycorp.com <Jlee@aicenergycorp.com>;=0A= smelk@aicenergycorp.com <= smelk@aicenergycorp.com><= br>=0A= Subject: AIC Initial proposal

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Hi Dan,

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After we calcula= ted the $250 millions bond interest payment each year might need 18 Million= s. We might need additional 36 to 40 million for the construction period.= =0A=

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Also might need = some working capital for the initial stage. Therefore, 184 million hard cos= t + 40 millions interest reserve + 30 million working capital might be our = real goal.=0A=

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    =0A=  Issue additional 42,900,000 new shares=0A= and distribute all of the remaining 

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      11,000,000 treasury stocks = to the existing shareholders=0A=

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      11 Capital Shares: 42,900,000=0A= shares 

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       @$6/s= hare =3D $257,400,000

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       42,900,000 shares / 142,900,000 shares =3D approx.&n= bsp;30%=0A= (30.02%)

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We open in mind = for further discussion regarding the percentage and per share price. Your k= indly response will be more than welcome.=0A=

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My Cell phone nu= mber is 909 510 0848.

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Best Regards,

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Bob Chen

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Director & CFO

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AIC Energy Corp DBA SAFuels X

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2830 S Jones Blvd., Ste 1

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Las Vegas, NV 89146-5654

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Email: Bc= hen@aicenergycorp.com

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Office:(70= 2) 685-1118
=0A= Fax: (702) 431-1139

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http://www.aicenergycorp.com/=0A=

 

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