EMAIL DETAILS

Hey Hunter,

Zinc Air proposal is attached and below (in text). Made it for $15k for
introductions to Renewable Energy Partners (ie Iberdrola, Blue Water Wind),
Strategic Partners (UD, Walmart, Google) and potential capital partners. Let
me know if that sounds good to you and ill get it out the door. Sorry this
one took so long!

Mike


Dear Dave:


It was great meeting with you and Marc recently and I appreciate you making
the trip to Washington to update Michael and I on the impressive progress
Zinc Air has made since we first spoke. As we discussed, and as you know
better than anyone, there is tremendous opportunity in the burgeoning energy
sector and we’re thoroughly impressed with Zinc Air’s products and business
strategy. What follows is a brief overview of a number of the topics we
discussed and how we envision ourselves assisting Zinc Air as you look to
bring your products to market. Given the potential utilization of your
products across a multitude of businesses, the scope of our engagement can
be expanded or reduced as is beneficial to you and your team.


*Renewable Energy Partners*


You mentioned at lunch that you are in negotiations with a wind company on
setting up a pilot project utilizing your energy storage solution. We’ve
developed relationships with a multitude of companies in the wind, solar and
tidal power industries that would jump on an energy storage application such
as yours. Whether in an attempt to locate willing partners to continue in
your proof of concept process or in your sales outreach, we’re confident in
our ability to identify companies that are consistently on the lookout for
this type of technology. A few that we discussed at lunch include the
world’s largest wind power producer, Iberdrola, Blue Water Wind of Delaware
and specific wind projects such as the Caithness Shepherds Flat project in
Oregon.


*Strategic Partners *


In addition to the renewable energy companies mentioned above, we also
discussed a number of the retail and institutional firms we have strong
relationships with. We’re working closely with a team at the University of
Delaware, in coordination with businesses and the State government, to
assist them in finding clean tech companies to populate a technology park
they are working to develop at the site of an old Chrysler plant in
Wilmington. The nexus between the University, State government and private
enterprise has been extremely positive in creating an environment where
businesses can flourish within a supportive framework. Zinc Air would
certainly fit into this mold and we’d be happy to introduce you to the
appropriate people at all levels.


Aside from the University of Delaware, we have extensive ties with large
corporate entities that would certainly be interested in Zinc Air’s
technology. We’ve introduced a number of efficiency technologies to Google,
Walmart and other corporations that have large energy footprints. This is an
avenue that we’d certainly want to explore in more depth should we move
ahead with a formal relationship.


*Capital Formation *

* *

A final point we discussed was Zinc Air’s fiscal approach towards developing
and expanding its business. As you and Marc know, finding the right
financial partner, should you deem it necessary, is critical in your growth
and ultimate success. We’ve formed a strong network of funds and high-net
worth individuals with whom we can position Zinc Air as a potential
investment opportunity. Born out of our consulting experience, we added
additional focus from not only serving clients, but also utilizing our
understanding of the public sector to identify those companies who can
transform products and policy while at the same time securing superior
returns on investment for our industry partners. Again, our approach will
be largely dependent on your capital needs and strategy in bringing Zinc Air
to market.


As we briefly touched on in our meeting and per our last proposal, we
typically enter into an annual retainer arrangement with our clients. In
moving forward with our agreement with Zinc Air, we propose a monthly
retainer of $15,000. The scope of our contract would be for the
aforementioned initiatives in addition to those that are bound to arise as
our relationship evolves. We are excited at the prospect of a partnership
between Rosemont Seneca Partners and Zinc Air and are confident in the
results our combined capabilities will produce.


Thank you again for making the trip to Washington and we look forward to
following up on these opportunities and others in the coming weeks. Please
don’t hesitate to contact me if you have any immediate questions or
concerns, I can be reached at (202) 333-1880 or hbiden@rosemontseneca.com.


--
Mike Muldoon
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
mmuldoon@rosemontseneca.co