1. ©October, 2006 Masada OxyNol  MASADA OxyNol, L.L.C. FINALLY, A CLEAN SMART SOLUTION TURNING WASTE INTO ETHANOL Presentation for Alternative Energy Solutions from Alabama's Natural Resources AUBURN UNIVERSITY Auburn, Alabama October 24-25, 2006

2. ©October, 2006 Masada OxyNol  The Company Masada OxyNol™, an affiliate of Masada Resource Group, LLC, owns all rights to develop Masada’s proprietary waste disposal technology in the United States. Masada is staffed with experienced management, industry, and financial personnel. Masada has developed and patented a process that converts Municipal Solid Waste and Sewage Sludge to fuel ethanol and other commercial by-products. Masada OxyNol™, an affiliate of Masada Resource Group, LLC, owns all rights to develop Masada’s proprietary waste disposal technology in the United States. Masada is staffed with experienced management, industry, and financial personnel. Masada has developed and patented a process that converts Municipal Solid Waste and Sewage Sludge to fuel ethanol and other commercial by-products.

3. ©October, 2006 Masada OxyNol  MASADA OxyNol™ Process Feedstocks COMPOSITION OF TYPICAL WASTE WATER BIOSOLIDS PROCESSABLE MATERIALS IN POST RECYCLED WASTE BY PERCENT Adapted from USEPA Waste Fact Book V.4.0, August 1997

4. ©October, 2006 Masada OxyNol  The CES OxyNol™ Process n Converts over 90% incoming MSW and Sludge into Ethanol, Recyclables and other beneficial by products through a patented process. n No new science - conversion of cellulose to ethanol is old technology – waste provides cellulose n All equipment is “off the shelf” supplied by proven vendors n Process guaranteed with a Specific Process Insurance policy

5. ©October, 2006 Masada OxyNol  Garbage Waste Sludge Recyclables Dried Cellulose Recycled Sulfuric Acid IN OUT Boiler/ Gasifier Lignin Fuel Sugar Water Brewers Yeast Stillage Plant Wastewater Treatment Ethanol Water Steam For Illustrative Purposes Only Air Out Material Recycling Facility City of Birmingham MASADA O X Y N O L  Finally. A smart, clean solution. Water CO 2 Cellulose to Sugar Conversion Fermentation and Distillation Gypsum Inert Fines to Disposal Fly Ash Gas

6. ©October, 2006 Masada OxyNol  TIP FLOOR MATERIALS RECOVERY FACILITY

7. ©October, 2006 Masada OxyNol  AUTOMATIC SEPARATION OF RECYCLABLES

8. ©October, 2006 Masada OxyNol  MANUAL SEPARATION OF RECYCLABLES

9. ©October, 2006 Masada OxyNol  RAW FEEDSTOCK READY FOR PREPARATION

10. ©October, 2006 Masada OxyNol  FEEDSTOCK PREPARATION ETHANOL PRODUCTION ACID HYDROLYSIS

11. ©October, 2006 Masada OxyNol  MASADA OxyNol™ Conversion of Cellulose to Sugar

12. ©October, 2006 Masada OxyNol  MASADA OxyNol™ Fermenting Sugar to Ethanol

13. ©October, 2006 Masada OxyNol  Orange Recycling and Ethanol Production Facility Facility Inputs n 230,000 tons per year of MSW capacity n Over 250,000 tons per year of sludge cake (20% solids) capacity n Commitments from over 20 area municipalities for MSW & Sludge

14. ©October, 2006 Masada OxyNol  Orange Recycling and Ethanol Production Facility Facility Outputs

15. ©October, 2006 Masada OxyNol  MASADA OxyNol™ Environmental Benefits MASADA OxyNol™ Environmental Benefits n Achieves 90% waste diversion n Alternative to dumping/burning of garbage and land applying sludge n Increased recovery of recyclables n Produces Renewable Ethanol and Lignin Fuels n Local solution to waste disposal n Produces renewable motor fuel

16. ©October, 2006 Masada OxyNol  FUTURE OPPORTUNITIES FOR COLLABORATION, RESEARCH AND COMMERCIAL MARKETS Partnership with Auburn University to develop other feed stocks from forestry wastes including pulp wastes. Collaboration with Auburn University and PureVision Technology, Inc. to develop a pilot platform for the advancement of cellulose to sugar conversion technology. Development of a new generation of transportation fuels from cellulosic biomass derived sugars including biofuels in aviation. Continued public private partnerships for the deployment of current technology in commercial markets.