Biodiesel Plant ProjectThe Lowest Cost Renewable Fuel for Diesel Engines in The World

(Left) Jatro Renewables’ 7.5 million gallon per year biodiesel plant at Annawan Illinois, co-located at an ethanol plant owned by CHS, Inc.

Investment Page 1

Overview of Company 1

Company Activity 1

Team 2

Risks & Disclosures 2

Mission Statement 2

Supercritical Plant Project 3

Finance 3

Marketing Plan 3

Proforma New Plants 4

Conclusion 4

DEAL TYPE FUNDING GOAL MINIMUM RESERVATION DEAL STAGEConvertible Note $24,000,000

INTEREST (PER YEAR) TERM LENGTH VALUATION CAP CONVERSION DISCOUNT $24,000,000

WARRANT COVERAGE OPEN DATE MAXIMUM RESERVATION CLOSING DATE

OVERVIEW OF PROJECT

Jatro Renewables (Jatro) is biofuels engineering company that builds and produces biodiesel for use in any diesel engine. The company has a breakthrough process using supercritical technology which lowers production costs by 40% and allows use of low-cost feedstocks. About 99% of currently operating biodiesel plants do not have this capability. Jatro’s system produces a high quality, clear fuel that reduces tailpipe emissions 50% to 60% (vs. crude oil-based diesel) and can be used in cold weather. Plans are to build 30 to 40 plants over the next 7 - 10 years.

COMPANY ACTIVITY

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Jatro was founded in 2004 as a biodiesel production company. Within a few years they began providing renewable fuel engineering services and biodiesel plant designs and moved away from being just a producer. Since 2007 the company has built or re-engineered 19 biodiesel plants.

In 2015 Jatro came out with a break-through supercritical process to make biodiesel. This significantly reduced production costs as an expensive catalyst and certain labor was eliminated. Additionally, the system can refine significantly lower cost feedstocks that other biodiesel plants are unable to use ̶ this further adds to the system’s profitability.

Currently, the company is building its second supercritical biodiesel plant in Southern California and will begin a third in 3Q 2018, also in California. The plant is designed to produce 15 million gallons per year of biodiesel that will be sold statewide.

The company’s current plans are to become the producer of the plants it builds. In addition, it will monitor all of its plants remotely in real time to insure production is meeting specification (ASTM 6751) and as a means of optimizing future plant processes.

Within three to five years, the company will adapt the current process to refine cellulosic feedstocks which are typically non-food based and 100% sustainable (such as municipal waste, grasses, forestry waste and algae etc.).

This document was written to introduce you to Jatro Renewables and asks you invest with us so we may continue to provide environmentally friendly transportation fuels at affordable prices ̶ while making healthy profits for our investors.

TEAM

Raj MosaliPresident and Project DirectorHas designed or re-engineered 19 biodiesel plants since 2004.

Ian LawsonDirector, Business DevelopmentDevelops business and marketing strategies. Has 40 years experience and has started successful companies in solar energy, telecommunications, and since 2008 biodiesel production.

John CooperSenior EngineerCo-developed the supercritical process for biodiesel refining.

Sabrina Pennington Chief Financial OfficerTwenty-four years of experience in business accounting.

RISKS & DISCLOSURES

All investments carry risks as well as the promise of a reward. You could make money or you could lose the entire investment.

MISSION STATEMENT

(i) Contribute to the development of the fuel market for transportation using renewable (green) technologies. (ii) Develop innovative technology solutions through investment in R&D to provide more efficient, higher quality products and raw material diversification. (iii) Create shareholder value focusing on creating profitable and enduring technology and IP.

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(iv) Contribute to the personal and professional development of employees through on-going training and with personalized development goals.

SUPERCRITICAL BIODIESEL PLANT PROJECT

(i) To build and operate multiple Supercritical Biodiesel plants in the US, Canada, and rest of world.(ii) Plant output to correspond with geographic market (off-take) potential and economic availability of feedstock sources. (iii) Jatro Renewables will own (with its investors) and operate all plants. (iv) Plants to be greenfield and others co-located with existing chemical plants.

FINANCE

To launch the biodiesel production company several forms of raising capital may be used including traditional ones such as through bonds, bank loans or equipment leasing, or one of the new forms of crowd funding. In most cases it is expected the company will release shares and dividends.

Here is a summary spreadsheet for a 15 million gallon per year biodiesel plant in California:

CRITERIA (JUNE 5, 2018)TRADITIONAL

BIODIESEL

SUPERCRITICAL

BIODIESEL

Production/Year (gals) 15,000,000 15,000,000CAPEX $22,000,000 $24,000,000¹ Cost Per Nameplate Gal. 1.46 $1.60 Feedstock/lb (dlvd) 0.26 0.24² Feedstock/gal 1.96 1.81 Operations, G&A⁴ 0.82 0.67

Total Cost 2.78 2.48

Revenue B100 (dlvd.) 3.45 3.45 By-Products/eGal. (fob) 0.08 0.14

Total Revenue/gal³ 3.53 3.59

EBITDA/gal 0.75 1.11

Total EBITDA/Year 11,250,000 16,650,000 Months to Payback 23 17 IRR (10 years) @ EBITDA 43% 62%

MARKETING PLAN

1. Investors for biodiesel plants. Through the company’s outreach to the chemical and transportation fuels industry; by going to bond market; banks loans and equipment leasing; also, by crowd funding and from equity investors.

2. Sales of biodiesel Will be by two general channels: (i) directly to truck stops and gas stations;

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Notes: 1. Includes all plant equipment, tanks, permitting and labor 2. About 25% low cost feedstock blend vs. traditional plants (corn oil, YG/UCO @ $0.26 & brown grease $0.12 dlvd). 3. USDA & TheJacobsen spot pricing 6/5/18. 4. Labor, Energy, Chemicals, Maintenance, Freight out, Accounting, Ins. and Debt Service at 50% of capex @$0.08/g.

(ii) through local distributors. Which of these will depend on the market the biodiesel plant is addressing. In the case of the first plant in Southern California, the company will sell to a distributor who will contract for all production for five years with the price based on the then current market. Payment will be Net 3, and actual price indexed to heating oil (as published daily by OPIS).

PROFORMA NEW PLANTS

CONCLUSION

America leads the world in developing biofuels technology. That is, providing incentives at both federal and state level stay in place. Just as the solar and wind industry began with government support, so too for the transportation industry. These programs are allowing the industry to progress rapidly. State programs are increasingly coming on board with renewable fuel mandates in California, New York, Minnesota, Oregon and Washington, with other state programs eliminating taxes at the pump.

The grand plan in the industry is to attain having truly 100% clean, sustainable sources for refining all transportation fuels, including biodiesel. Those sustainable sources are ones replenished automatically in nature such as forest debris, municipal solid waste, grass crops that grow on salty or non-agricultural land, and new forms of algae that grow in mere weeks. These feedstocks are referred to as cellulosic. They are non-food and require minimal maintenance and cost to obtain in most cases.

Transportation biofuels is a growing, dynamic industry and one Jatro Renewables is wholly engaged with. As technology evolves the company will be at the forefront developing and adjusting its processes while maintaining a strong market profile in the high performance clean fuels business.

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Revenue Projections by Year:ppppYEAR CUM. PLANTS¹ GALS/YR $ REV. EBITDA 2020 3 45m 155m 49m2021 7 142m 489m 156m2022 12 360m 1.2b 397m2023 18 540m 1.8b 596m2024 24 720m 2.4b 795m2025 30 900m 3.1b 993m

2026 37 1.1b 3.5b 1.1b Note: 1. Avg. plant size 30MMgy (some plants larger at up to 60mmgy others smaller starting at 15mmgy). Avg. Revenue per gal. $3.45 dlvd (for sales in California)