17 Audubon Way Sturbridge, MA. 01566 508-347-9235 chs@laserturbinepower

1. 17 Audubon WaySturbridge, MA. 01566508-347-9235chs@laserturbinepower.com The Future of Energy The investment opportunity is not in the thorium itself, it's in the technology that unlocks the value of thorium.  The MaxFelaser Phoenix power generation systems is that technology!

2. Laser Turbine Power, LLC INTELLECTUAL PROPERTY AND CONFIDENTIALITY AGREEMENT Trade Secrets Generally, a trade secret is information that is both "secret" (not generally known in the trade or readily discernible) and commercially valuable to its owner. Typical trade secrets include secret recipes, compositions of matter, formulas, processes, patterns, devices, or compilations of information such as customer lists and business plans. Trade secrets can be lost when the owner does not protect the confidentiality of the information, or when a third party independently develops the information and makes it public. Trade secrets are primarily protected under state law. However, the Federal Economic Espionage Act of 1996 (EEA) makes criminal the interstate theft of certain TRADE SECRETS; FORMULAS, ALGORITHMS, MATHEMATIC OPERATIONS OF LASER TURBINE POWER , DISCOVERIES, PATENTS, PATENTS PENDING, COPY RIGHTS, TRADE MARKS, LOGOS, SOFTWARE, APPLICATION, PROGRAMS, BOOKS, VIDEO, INCLUDING ALL LASER TURBINE POWER TERMS, NAMES, PRODUCTS AND SERVICES OF LASER TURBINE POWER , LLC. FOUNDER 2006 INCORPORATED Jan. 9th 2007 PROTECTED BY STATE, FEDERAL AND INTERNATIONAL LAW  Confidentiality Agreement The undersigned reader acknowledges that the information provided by _______________ in this business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of _______________. It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader, may cause serious harm or damage to _______________. Upon request, this document is to be immediately returned to _______________. ___________________ Signature ___________________Name (typed or printed) ___________________

3. ECONOMIC DEVELOPMENT PLAN

4. Mission In very general and broad terms the Mission of Laser power systems, LLC is to create a economic boom for the area in which it is located, providing high paying jobs with full benefits, provide a growing tax base for the expansion of local infrastructure (school, hospitals, roads, utilities, government building and services) wail maintaining a high quality of life. The R&D center will have a secondary spin off effect on the local economy in many other areas such as hospitality, construction, transportation. This in turn will create an industrial base that will impact the world economy with new cutting edge technology in health care, bio-tech, nanotechnology, manufacturing and alternative energy technologies that will provide the world with clean green energy slowing global warming and stimulate and developing sustainableeconomic progress, There are just as many definitions for it. Ours is "meeting the needs of our stakeholders today, while preserving choices for future generations to meet their needs". Most theories on sustainable development refer to economic, environmental and social responsibilities. We've personalized these into governance and management and our four measures of success: a safe, healthy and rewarding workplace; a clean environment; supportive communities; and outstanding financial performance.

5. Thorium is not an alternative energy it is the future of energy! The investment opportunity is not in the thorium itself, it's in the technology that unlocks the value of thorium.  The MaxFelaser Phoenix power generation systems is that technology!

6. Executive Summary • THE COMPANY – THE VISION – THE FOUNDERS THE COMPANY                                                  • Founded by Charles Stevens a life long entrepreneur, as a intellectual property holding company to insurer that my inventions and the invention of others like Nicola Tesla and other are fully realized and developed. Pemco now has a number of cutting edge technologies which it has researched and is continuing to develop in the Biotech and genetics field, fast sequencing, gene therapy, MRI/laser LMI, nanotechnology, ALD atomic layer deposition, alternative energy, high energy MaxFelasers, turbine technology, captive column construction technology, robotic and advanced manufacturing, computer software and internet technologies. To date four spin-off companies have been formed, Laser Power Systems, LLC, • Laser Power Systems, LLC incorporated in 2007 is the result of over twenty five years of research and develop of MaxFelaser high energy laser, which are the heart and diving force of the laser turbine power generation systems. the lasers have many other applications as industrial cutting and welding lasers, medical, communication to name a few. • The vision is very simple to change the world for the better. • Over the years many people around the world living and dead have contributed to these technologies and Pemco is dedicated to seeing that there work is not lost. That there dreams and hopes for the further of mankind are fully realized and the lives of all mankind will be better for it. • Sometime between 2020 and 2030, we will invent a practically unlimited energy source that will solve the global energy crisis. Unfortunately we can not wait, and thank to Laser Power Systems there is an alternative power system being developed to meet the global energy crisis right now.

7. Cutting edge alternative power generation technology. • This is the alternative to oil, gas, coal and conventional Nuclear power plants and the replacement technology for the internal combustion engines • The amount of free energy contained in thorium fuel is 20 million times the amount of free energy contained in a similar mass of chemical fuel such as coal making thorium an ideal source of energy; additional thorium does not produce any trans uranium byproducts, in fact burning thorium can be the answer to the nuclear waste problem. Concerns over nuclear waste accumulation and over the immense destructive potential of nuclear weapons may counterbalance the desirable qualities of fission as an energy source, and give rise to intense ongoing political debate over nuclear power.

8. The key to this system • In 1987 the first MaxFelaser was developed by Charles Stevens in 2007 Laser Power Systems, LLC was founded to develop a Ultra Hi-Out Put MaxFelaser turbine generator system this can provide practically unlimited energy production. These systems have been under development for many years and consist of three major subsystems: • A Ultra High out put MaxFeLaser that makes it possible to generate power with zero emission NO GREEN HOUSE GASES. The laser utilizes the power in “Rear Earth Metals” and a new laser plumbing system to flash water to steam and drive a tesla turbine high speed generator producing clean emission free energy for just about any power system requirement or application: • large central power systems • distributed power systems • small in home or business • Transportation: cars, trucks or just about anything that now uses an internal combustion engine.

9. Why commit to sustainable development? • We may have good intentions, but the reality is that our preoccupation with sustainable development simply makes a good business case. Regardless of motive, we have begun to better understand our impact on the world, to think differently, to behave differently, and to come up with innovative courses of action. So have our competitors and many other companies as well. In fact, we are all learning from each other and pushing each other to new heights in terms of improving approaches to sustainable development and stakeholder engagement. This critical mass of competition could make a world of difference. The more companies that are engaged in sustainable development, the better the chance that our world will evolve in ways that will continue to offer opportunities to future generations.

10. Solve the five most crucial issues facing the world today • Create a new era in sustainable green technologies • Revitalization the US economy by bringing back large scale high tech manufacturing • In very general and broad terms the Mission of LPS is to create a economic boom for the area in which it is located, providing high paying jobs with full benefits, provide a growing tax base for the expansion of local infrastructure (school, hospitals, roads, utilities, government building and services) wail maintaining a high quality of life. The R&D center will have a secondary spin off effect on the local economy in many other areas such as hospitality, construction, transportation. This in turn will create an industrial base that will impact the world economy with new cutting edge manufacturing and alternative energy technologies that will provide the world with clean green energy slowing global warming and stimulate and developing sustainable economic progress, There are just as many definitions for it. Ours is "meeting the needs of our stakeholders today, while preserving choices for future generations to meet their needs".

11. THE LPS TECHNOLOGY This new innovative Energy Source: • Is on the threshold of perhaps the ultimate energy solution! This energy systems soon could be developed into a compact, simple, but extremely powerful device that would be fairly inexpensive once mass produced; easy to install in any vehicle, home, business or even apartment, producing at least 10 times less expensive electricity (per KWH as it is today)! Due to a small but robust magnetic exciter system and it thorium power-core, a variety of portable units and capable of generating minimum 1KW to 100 Mkw will become an inevitable reality. • Past, Present and Future The innovative proprietary elements in our system, we have been designing, developing and testing for many years, and are now finalizing. These elements are not directly based on Tesla’s theories. They do, however, represent some fundamental correlations that impart some of his principal achievements. Thanks to current technological advancements, we can now fairly inexpensively manufacture components. Yes, Nicola Tesla is, and always was my Icon! I can honestly and proudly assert that to some degree I am to some extend attempting to follow in his footsteps! • Actually it is in my favor that present-day scientists are blindly oriented on complicated and contradictory directions of unadventurous energy research - including Atomic, Solar, Bio-fuels, Microwave, Particle Accelerators, Colliers, Nitrogen Fuel Cells, and in the past even the contentious Cold-Fusion. In Conclusion! • LPS is designing systems to provide ample power to residential homes, businesses, factories, and ultimately automobiles!

12. Thorium as a Laser Fuel The total rest masses of the Excided products (Mp) from a single reaction is less than the mass of the original fuel nucleus (M). The excess mass Δm = M - Mp is the invariant mass of the energy that is released as photons heat energy of the lasesing fragments, according to Einstein's relation E=mc². • The amount of free energy contained in nuclear fuel is millions of times the amount of free energy contained in a similar mass of chemical fuel such as gasoline, making nuclear fission a very tempting source of energy; however, the byproducts of nuclear fission are highly radioactive and remain so for millennia, giving rise to a nuclear waste problem. Concerns over nuclear waste accumulation and over the immense destructive potential of nuclear weapons may counterbalance the desirable qualities of fission as an energy source, and give rise to intense ongoing political debate over nuclear power. • The process of Lasing nuclear fuel such as Thorium is different from fission, as the nucleui does not slit, the process is more like naterial decey excelerated, yet the amount free energy contained remains the same The thorium lasing effect is catilized by Pt and exo-moduelated by other rear earth elements. The final product of the lased thorium process would be lead. This “technology of lasing thorium” would be a safe way to “burn thorium” and reduce nuclear waste problems at the same time.

13. Laser Power Systems, LLC. • The amount of free energy contained in nuclear fuel is millions of times the amount of free energy contained in a similar mass of chemical fuel such as coal, making nuclear fission a very tempting source of energy; however, the byproducts of nuclear fission are highly radioactive and remain so for millennia, giving rise to a nuclear waste problem. • Concerns over nuclear waste accumulation and over the immense destructive potential of nuclear weapons may counterbalance the desirable qualities of fission as an energy source, and give rise to intense ongoing political debate over nuclear power. • The process of Lasing nuclear fuel such as thorium is different from fission, the process is more like natural decay accelerated, yet the amount of free energy contained remains the same. The thorium lasing effect is catalyzed by Pt and exo-modulated by other rear earth elements. • The final product of the lased Thorium fuel process would be lead. This "technology of lasing Uranium" would be a safe way to "burn Uranium" and reduce nuclear waste problems at the same time.

14. SYSTEM ADVANTAGES • This system can be produced at a cost less than current power systems such as coal fired or nuclear power plant. These systems have many advantages over other systems: • Emissions free • Safe to operate • Cheap to build and operate • Decentralized distributed systems • Lager centralized grid based systems • Back up or Stand by systems • Scalable From 1Kw to 100 Mkw • Mobility for use in transportation systems • Can use many different fuels

15. The MaxFelaser

16. LASERS

17. Complete System

18. TURBINESLaser Production, Laser Research, CNC Software, Micro-Turbine Engines, Micro-Avionic Systems

19. GENERATORS

20. GAS FOIL BEARINGS

21. SYSTEMS JOINT VENTURE MANUFACTURING

22. COILS AND POWER SUPPLIES General Benefits for Research Magnets Complex 3D multi-layered coils and 3D programmable field direction “Unlimited” design geometries and manufacturing solutions “Perfect Field” of any multi pole order with zero systematic errors Field, geometry, quality and performance Curved, twisted, straight, flared and “combined function” Dynamic field strength and 3D field rotation Splice free conductor, stabilized and short free Size, field strength and variable aperture No Tooling or complex inserts! Design and packaging for customer requirements and products Rapid design, prototype development and highly automated manufacturing

23. THORIUM CONISTOR

24. The big change is that a new technology ALD atomic layer deposition is commercially available for the first time to do R&D prototyping for larger scale manufacturing of MaxFelasers. This technology is crucial to the precise material application necessary to the quality and quantity production of the lasers. Owning this equipment is a must for manufacturing, but there are many other uses that such equipment can and would to used for.

25. Power – Air to Water SYSTEMS

26. ELECTRIC MOTORS

27. LPS CONCEPT CARxprize competitionwww.cars.laserturbinepower.com

28. THE REPLACMENT TECHNOLOGY FOR THE INTERNAL COMBUSTION ENGINE • The laser turbine power system is "ZERO EMISSIONS" totally green. • It is a closed loop ranken cycle steam turbine driving a High Speed Induction Generator developed for the U.S. Air Force WPAFB, this is a 200 kW, 62,000 RPM generator using induction technology to provide a compact, efficient generator system for stable and safe operation .The controller design is based on field orientation for fast response to transient load changes. The DSP-based control system is flexible and optimizes the generator performance. • The turbine/generator is a new Hybrid design. The high-speed turbine/generator set on a signal shaft (No gears) with oil free "GAS FOIL BEARINGS”. Foil bearings are self-generating, compliant hydrodynamics bearings. The compliant foils conform to the shape of the mating rotating shaft. During operation the shaft is supported on a thin film of self generated cushion of air (or gas). These bearings have demonstrated high load carrying capacity and good stability characteristics. A pair of foil journal bearings provides radial support and a pair of foil thrust bearings provides axial support. • The electric "drive motors" will be provided by KLD Energy Technologies high-performance electric motor systems. The company’s cornerstone technology is a high-frequency, low RPM, transmission less motor system that increases the speed and efficiency of electric vehicles are of a new high torque design that is a Direct Drive "No Gears". High Torque Density Traction Motor.

29. This is LPS’s Charlton, MA. 6.5 million dollar R&D center

30. Large scale MANUFACTURING to be built.

31. FULL SCALE OPERATION

32. Latest manufacturing technology

33. Laser manufacturing Generator - Turbine systems Air to water systems Transportation Emission free Energy Clean air and water Billions in profits 1000s of hi paying jobs Create a new era in sustainable green technologies Call Charles Stevens at 508-347-9235 cell 508-688-2995 Email chs@laserturbinepower.com