THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE Non-Proprietary Correlation In Strategic Global Investing Created & Developed By: Giuseppe M. Piraino Thomas A. Guerriero

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE “ There are two types of people in this world, People that find an excuse and people that find a way. Excuses are plentiful, just like the masses of ordinary people. To find a way is the road less traveled. But, those individuals who succeed, find it”. - Giuseppe M. Piraino

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE Paradigm Shift A complete change in thinking or belief systems. This allows for the creation of a new condition previously thought impossible or unacceptable.

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE CORRELATION Indicates the strength and direction of a linear relationship between two random variables.

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE THE THEORY My research has proven the following findings: We determine the countries that are the global leaders in Real GDP growth We use this variable as our lagging indicator. We then determine who are the publicly traded companies on US Exchanges who are the major investors in those countries and in what industries. We use this as our current variable. We then structure positions accordingly after an extensive due diligence process, with the expectation of substantial appreciation over the next several years. After 4 consecutive years of the country not making the top 5 real GDP growth countries, we sell the position. Unless that position is related to an alternate countries real GDP Growth investment surge, for the alternate country. Then the 4 year timeline starts over. This theory has produced significant returns in comparison to the major global indexes

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE VARIABLES REAL GDP GROWTH The inflation-adjusted measure that reflects the value of all the goods and services produced in a given year by a country. EXPLORATORY FOREIGN INVESTMENT This reflects Public companies that trade on the US exchanges. That are the leaders of investing in the Worlds Leading Economies. This is determined by the Annual leaders in Real GDP Growth in comparison to all the world.

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE REAL GDP GROWTH 2001 TURKMENISTAN – 18.62% KAZAKSTAN – 11.82% AZERBAIJAN – 8.28%

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE TURKMENISTAN REAL GDP GROWTH UP 18.62% 5 th Largest reserve of natural gas Substantial oil reserve 10 th largest cotton producer One of the largest investors in the country is, PETRO CHINA (PTR) on NYSE January 2002 approx. $18.63 per share Currently up over 800% trading around $150 (June 1st 2008)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE PETRO CHINA (PTR ON THE NYSE)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE KAZAKSTAN REAL GDP GROWTH UP 11.82% Most of GDP 30% comes from petroleum One of the largest investors in the country is CHEVRON (CVX on NYSE) They have invested billions in this country Experts are projecting that by the year 2015, 3 million barrels of oil will be produced daily This will put them in the top 10 oil producers in the world January 2002 approx $41.90 per share

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE CHEVRON (CVX ON THE NYSE)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE AZERBAIJAIN REAL GDP GROWTH UP 8.28% Most of GDP comes from One of the largest investors in the country is, STATOIL, (STO on the NYSE) January 2002 approx $6.36 per share Up over 600% in profits STO close to $40 per share as of June 1, 2008

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE STATOIL (STO on the NYSE)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE REAL GDP GROWTH 2002 TURKMENISTAN – 17.62% ANGOLA – 12.27% ARMENIA – 10.81%

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE TURKMENISTAN REAL GDP GROWTH UP 17.62% Most of GDP consists of One of the largest investors in the country is, PETRO CHINA (PTR) on NYSE January nd position approx. $28.95 per share Currently up over 800% trading around $150 per share (June 1st 2008)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE PERTO CHINA (PTR on the NYSE)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE ANGOLA REAL GDP GROWTH UP 12.27% Most of GDP consists of One of the largest investors in the country is, EXONMOBIL (XOM on NYSE) January 2003 approx. $34.15 per share Currently up over 300% trading around $88 (June 1st 2008)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE EXXONMOBIL (XOM on the NYSE)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE ARMENIA REAL GDP GROWTH UP 10.81% Most of GDP consists of: Mining, Copper, Zinc, Gold, Lead One of the largest investors in the country is, NEWMONT MINING (NEM on NYSE) January 2003 approx. $28.95 per share Currently up over 70% trading around $47 (June 1st 2008)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE NEWMONT MINING (NEM on the NYSE)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE REAL GDP GROWTH 2003 TURKMENISTAN – 13.95% EQUATORIAL GUINEA– 11.81% ARMENIA – 11.03%

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE TURKMENISTAN REAL GDP GROWTH UP 13.95% Most of GDP Consists of One of the largest investors in the country is, PETRO CHINA (PTR on NYSE) January rd position approx. $48.43 per share Currently up over 800% trading around $150 per share (June 1st 2008)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE PETRO CHINA (PTR on the NYSE) Add the chart

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE EQUATORILA GUINEA REAL GDP GROWTH UP 11.81% Most of GDP consists of oil production They are the 3RD largest oil producer in Sub Sahara Africa One of the largest investors in the country is, DEVON ENERGY (DVN on NYSE) January 2003 approx. $28.23 per share Currently up over 400% trading around $ per share (June 1st 2008) The position would be sold after the 4 year rule if they are not in the top 5 real GDP growths in 2008.

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE DEVON ENERGY (DVN on the NYSE) ADD CHART

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE ARMENIA REAL GDP GROWTH UP 11.03% Most of GDP consists of: Mining Copper, Zinc, Gold, and Lead One of the largest investors in the country is NEWMONT MINING,(NEM on the NYSE) January 2 nd position approx. $41.66 per share

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE NEWMONT MINING (NEM on the NYSE) ADD CHART

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE REAL GDP GROWTH 2004 CHAD – 24.87% VENUZUELA – 13.38%

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE CHAD REAL GDP GROWTH UP 24.87% Most of GDP consists of oil and cotton production 5 th poorest country in the world The 2 larges investors in the country are CHEVRON (CVX on the NYSE) & EXONMOBIL (XOM on the NYSE) They have invested billions in this country January nd position accumulated for approx. $43.18 per share January nd position accumulated for approx. $40.79 per share

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE CVX & XOM ADD CHARTS CVXXOM

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE VENEZUELA REAL GDP GROWTH UP 13.38% Most of GDP consists of petroleum, iron ore, and precious metals One of the largest investors in the country is, ARCELOR MITTAL (MT) January 2004 approx. $7.49 per share Currently up over 1000% trading around $100 per share (June 1st 2008) The position would be sold after the 4 year rule if they are not in the top 5 real GDP growths in * 2 securities accumulated from interest in Venezuela

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE REAL GDP GROWTH 2005 AZERBAIJAIN % TURKMENISTAN – 16.73% ANGOLA – 11.89% ARMENIA – 10.19%

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE AZERBAIJAIN REAL GDP GROWTH UP 22.28% Most of GDP consists of One of the largest investors in the country is, STATOIL, (STO ON THE NYSE) January 2002 approx $6.36 per share Up over 600% in profits STO close to $40 per share as of June 1, 2008

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE STATOIL (STO on the NYSE) ADD ON

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE TURKMENISTAN REAL GDP GROWTH UP 16.73% Most of GDP consists of oil production One of the largest investors in the country is, PETRO CHINA (PTR) on the NYSE January rd position approx. $48.43 per share Currently up over 800% trading around $150 per share (June 1st 2008)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE PETRO CHINA (PTR on the NYSE) ADD CHART

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE ANGOLA REAL GDP GROWTH UP 11.89% Most of GDP consists of One of the largest investors in the country is, EXONMOBIL (XOM) on the NYSE January 2003 approx. $34.15 per share Currently up over 300% trading around $88 (June 1st 2008)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE EXONMOBIL XOM on the NYSE Add chart

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE ARMENIA REAL GDP GROWTH UP 10.19% Most of GDP consists of: Mining Copper, Zinc, Gold, and Lead One of the largest investors in the country is, NEWMONT MINING,(NEM) on the NYSE January 2003 Accumulation add approx. $41.66 per share Currently up over 70% trading around $47 per share (June 1st 2008)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE NEWMONT MINING NEM on the NYSE Add updated chart

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE REAL GDP GROWTH 2006 ANGOLA – 22.64% AZERBAIJAIN % TURKMENISTAN – 15.83%

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE ANGOLA – REAL GDP GROWTH UP 22.64% Most of GDP consists of One of the largest investors in the country is, EXONMOBIL (XOM) on the NYSE January 2003 approx. $34.15 per share Currently up over 300% trading around $88 per share (June 1st 2008)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE EXONMOBIL XOM on the NYSE

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE AZERBAIJAIN REAL GDP GROWTH UP 18.59% Most of GDP consists of One of the largest investors in the country is, STATOIL (STO ON THE NYSE) January 2002 approx $6.36 per share Up over 600% in profits STO close to $40 per share as of June 1, 2008

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE STATOIL (STO on the NYSE)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE TURKMENISTAN REAL GDP GROWTH UP 15.83% Most of GDP consists of One of the largest investors in the country is, PETRO CHINA (PTR on the NYSE) January rd position approx. $48.43 per share Currently up over 800% trading around $150 per share (June 1st 2008)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE PETRO CHINA (PTR on the NYSE)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE REAL GDP GROWTH 2007 ANGOLA – 16.50% TURKMENISTAN – 13.51% AZERBAIJAIN %

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE ANGOLA REAL GDP GROWTH UP 16.50% Most GDP consists of One of the largest investors in the country is, EXONMOBIL (XOM on the NYSE) January 2003 approx. $34.15 per share Currently up over 300% trading around $88 per share (June 1st 2008)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE EXONMOBIL XOM on the NYSE

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE TURKMENISTAN REAL GDP GROWTH UP 13.51% Most of GDP consists of One of the largest investors in the country is, PETRO CHINA (PTR on the NYSE) January rd position approx. $48.43 per share Currently up over 800% trading around $150 per share (June 1st 2008)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE PETRO CHINA (PTR on the NYSE)

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE AZERBAIJAN REAL GDP GROWTH UP 13.50% Most of GDP consists of One of the largest investors in the country is, STATOIL, (STO on the NYSE) January 2002 approx. $6.36 per share Up over 600% in profits STO close to $40 per share as of June 1, 2008

THOMAS GUERRIERO RESEARCH DIVISION Copyrite 2009, GCE STATOIL (STO on the NYSE)