Jatropha is an arid oilseed crop with a 30 – 35% oil contentBiodiesel Journal (May-June, 2007)

An inedible, toxic fruit could be the best thing that has happened to … biofuels

The Produce News, 5/18/2007

Jatropha oil … burns cleaner than fossil fuels … [It] burns with 1/5th the

emissions of conventional fuel.Washington Times, 2/21/2007

Africa has the potential to be the Middle East of biofuels

Newsweek, 2/19/07

Environmental Impacts

Emission Reduction

• Biodiesel reduces emissions of carbon monoxide (CO) by approximately 50% and carbon dioxide by 78%

• http://www.scidev.net/gateways/index.cfm?fuseaction=readitem&rgwid=4&item=Features&itemid=477&language=1

Energy Inputs

• Soybean plants requires 27% more fossil energy than fuel produced

• Sunflower plants requires 118% more fossil energy than fuel produced• http://www.futurepundit.com/archives/002881.html• http://www.scidev.net/gateways/index.cfm?fuseaction=readitem&rgwid

=4&item=Features&itemid=477&language=1

Energy Inputs

• Soybean plants requires 27% more fossil energy than fuel produced

• Sunflower plants requires 118% more fossil energy than fuel produced

• But --- Jatropha produces substantially more energy than energy required

• And it gets carbon credits.

Economic Impacts

• Today – Ghana spends valuable currency reserves to import refined petroleum --- limiting economic development

Economic Impacts

• Today – Ghana spends valuable currency reserves to import refined petroleum --- limiting economic development

• Tomorrow – Ghana will purchase biofuels in-country, building the economy

Social Impacts

• Gold Star will

• triple average daily wage to $3 / day thereby meeting UN Anti-Poverty goals 8 years ahead of schedule

• provide full health coverage to all employees and their families.

Market Size

Market Size

• How large is the market for petroleum diesel substitutes?

Market Size

• How large is the market for petroleum diesel substitutes?

• Today, Jatropha Curcas is the only non-food feedstock for biodiesel to address that market.

Market Size

• Gold Star controls world’s largest land area dedicated to growing jatropha

• 5 Million acres suitable for producing more than 1.5 billion gallons of biodiesel per year

Market Size

• Gold Star controls world’s largest land area dedicated to growing jatropha

• 5 Million acres suitable for producing more than 1.5 billion gallons of biodiesel per year

PRESOLD!

Agreements for Land in Ghana

Upper West Region

Upper East Region

Brong-Ahafo Region

Central Region

Management Team

Chief Executive Officer

• Industry Experience:• Intel• Teledyne• Williams Energy• Carnation Company

• Professor, • International Business• Strategy

Chief Operating Officer

Jack Holden

• Serial Entrepreneur

• Oil, cable TV, food production, farming

• 27+ years in W. Africa.

VP - Production

Robert Woode, MSc.

• Mechanical Engineer

• Built existing biodiesel refinery.

Chief Financial Officer

Carroll S. Buck

• Sr. Executive New -England Public Utility

• Nuclear, renewable energy

• Professor, Finance / Accounting.

Senior Agronomist

Dr. James Barlow

• World-recognized expert in sustainable agriculture

• Supported in Africa by team of 11 graduate agribusiness specialists..

VP – Finance

James S. Love

• Serial Entrepreneur

• Created multiple, successful, environmentally-friendly companies.

VP– Refinery Operations

Steve Stout

• Extensive background in refinery construction

• 25+ years experience with

• IBM,

• Sun Microsystems,

• WorldCom.

VP – Technology

Allan L. Abbott

• Created 3 successful venture capital-financed high-tech companies.

Management Team

• Andrew Noll, VP Business Development• Vincent Guerrieri, VP Business Development• Stacy Hendricks, VP African Operations• Keith Hall, VP Latin America / Caribbean• Mark Morris, Director of Finance• Mark Chaffee, VP Sustainable Development

Value Proposition

• $45 million investment

• Plant 250,000 acres of Jatropha Curcas

• Build 45 million gallon refinery

Financial Model (000 Omitted)

Year 1 Year 2 Year 3 Year 4 Year 5

Total Revenue $12,000 $192,136 $247,053 $352,236 $380,415

Total expenses $18,066 $116,919 $147,314 $202,069 $218,039

Net Operating Income (6,066) $75,217 $99,739 $150,168 $162,376

•Investment recouped in 2nd year•$100 Million Profit in 3rd year

Company Needs

• Gold Star is seeking:

• Investors who want a spectacular return

• Biodiesel refiners who need a

• long-term source of feedstock

• with price stability.

Company Needs

• Gold Star is seeking:

• Investors who want a spectacular return

• Biodiesel refiners who need a

• long-term source of feedstock

• with price stability.

Any Questions?

Charles V. FishelGold Star Biofuels Group98 Del Monte Ave., Suite 205

Monterey, CA 93940T: 831-224-8800

cfishel@goldstarbiodiesel.comwww.goldstarbiodiesel.com

For further information, contact: