Paulownia Intercropping

Ghana Reforestation Pilot Project

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2010 Business Plan

Version 1.0
4 December 2009

Paulownia Intercropping Services 1

Table of Contents

Introduction 1

Pilot Summary 2

Paulownia Megafolia 3

Intercropping Model 5

Carbon Sequestration 8

Market Products 9

Operations Summary 10

Financial Forecast 11

Management Profile 12

Paulownia Intercropping Services 2

Introduction

Amidst the many responses to the Global Climate challenge, Reforestation Projects remain the
most cost-effective approach to large-scale carbon sequestration and helps secure long-term
social, economic and environmental stability. While much of the world is witnessing the
emergence of renewable energy technologies that can decrease carbon emissions, advances in
natural plant genetics have produced remarkable new species of fast-growing trees that can
capture carbon dioxide at unprecedented rates.

Paulownia Intercropping Services (Ghana) is pleased to introduce these remarkable tree

species in a scalable Plantation Model designed to sequester carbon dioxide, create green-
collar jobs and produce quality market products within the Agroforestry sector in Ghana.
Supported by international experts in agroforestry and phyto-remediation, this Pilot Project
brings together innovative approaches and best practices that will set new standards for the
sustainable management of natural resources across Africa.

Location of 300-acre Pilot Project near Akwidaa, Cape Three Points, Ghana

The Paulownia Reforestation Pilot will demonstrate the real-world market value of reforestation
and carbon sequestration efforts by combining both activities into a single, sustainable model.
This Pilot will serve to establish a methodology for the rapid expansion of future projects and
model the economic structures required by supporting financial institutions, government
partners and international agencies.

Paulownia Intercropping Services 1

Reforestation Pilot Summary
Ghana, West Africa

The initial Reforestation Pilot is planned on 300 acres in Ghana, West Africa and will serve as
both a root stock nursery to supply seedlings to future projects and a stand-alone Plantation to
provide mature trees to the market for processing. This approach permits the planting of a
higher number of initial seedlings which are then thinned out each year to create room for the
rapid growth of the permanent trees intended for the market.

Pilot Location: Akwidaa, Ghana, West Africa

Project Area: 300 acres, 121 hectares

Seedlings: 400,000 Seedlings planted in close proximity during the first year

Nursery: 200,000 young trees replanted at secondary Plantation Project

Permanents: 200,000 trees remaining with required room to grow to maturity

Maturity: 8 to 10 years, depending upon the final end-use

Board Feet: 10,000,000 board feet (average 50 board feet of sawn lumber per tree)

Market Value: USD $20,000,000 (using conservative $2.00/board foot lumber price)

Carbon Credits: USD $3,075,000 (EUR 2,080,000 using EUR 2/ton of CO2 sequestered)

Debt Capital: USD $6,500,000 (at $15/seedling + $500,000 for operational equipment)

Total Revenues: USD $23,075,000 (Market Sales + Carbon Credits)

Total Expenses: USD $3,000,000 (10 years x $300,000 annual operations budget)

Net Profitability: USD $13,575,000 (EBITDA)

NOTE: The 200,000 young trees replanted at a secondary Plantation Project enable
the start of a new project without requiring debt capital up-front. This unique
approach is intended to accelerate larger projects which, in turn, can seed
new projects within their first operational year. This represents a sustainable
mechanism for ongoing reforestation capitalization without placing the entire
burden on regional lending institutions or government partners.

Paulownia Intercropping Services 2

Paulownia
Paulownia Megafolia
Megafolia
Paulownia
Growth Megafolia
Profile
Growth Profile
Growth Profile

The PaulowniaMegafolia
The Megafolia Tree is a specific cross-polination fiveof five other trees, creating a very
The Paulownia
Paulownia Megafolia Tree Tree is
is aa specific
specific cross-polination
cross-polination of of five other
other trees,
trees, creating
creating a
a very
very fast
fast
fast growing
growing hardwood tree that will grow in even the most inhospitable environment.
growing hardwood
hardwood treetree that
that will
will grow
grow inin even
even the
the most
most inhospitable
inhospitable environment.!
environment.! Furthermore,
Furthermore, itit
Furthermore,
has it has been successfully used for phytoremediationremoving (bioremediation), removing
has been
been successfully
successfully used
used for
for phytoremediation
phytoremediation (bioremediation),
(bioremediation), removing pollutants
pollutants from
from the
the
pollutants
ground from the ground at contaminated sites and as a byproduct of the photosynthesis
ground at
at contaminated
contaminated sitessites and
and as as aa byproduct
byproduct of of the
the photosynthesis
photosynthesis process,
process, converting
converting the
the
process, converting
polutants to harmless the polutants
oxygen and to harmless
other inert oxygen and other inert products.
products.
polutants to harmless oxygen and other inert products.
PaulowniaMegafolia
Paulownia
Paulownia Megafoliacan
Megafolia canbe
can beharvested
be harvestedin
harvested ininas
asas little
little
little asas
as two
twotwo years,
years,
years, forfor
for biomass
biomass
biomass fuel,
fuel,fuel, making
making
making itit idealit ideal
ideal for
for
for reforestation.
reforestation.! It growsIt grows
to it'sto it's
mature mature
height height
of 55 of
to 55
65 to
feet65 in feet
only in
sixonly
to
reforestation.! It grows to it's mature height of 55 to 65 feet in only six to seven years, with the first six
seven to seven
years, years,
with the with
first
the first
limbs
limbs limbs beginning
beginning
beginning at
at 35 35 feet,at 35
feet, thus
thusfeet, thus producing
producing
producing excellent,
excellent,excellent,
knot-free
knot-free knot-free
lumber.!lumber.
lumber.! With With irrigation,
With irrigation,
irrigation, growsit
itit grows
grows
equally equally
equally well
well in well
in arid
arid or in arid
or humid or humid
humid environments environments
environments and and at at sea and
sea level at
level or sea level
or elevations or
elevations to elevations
to over
over 3000 to over
3000 feet.!
feet.! It It3000
also
also
feet. It
replenishesalso replenishes itself, since a new tree will grow from the
replenishes itself, since a new tree will grow from the stump after the adult tree is harvested.! An
itself, since a new tree will grow from the stump after the stump
adult after
tree isthe adult
harvested.! tree is
An
harvested.
additional An
advantage, additional
is that advantage,
due to its highis that
level due
of to its
photosynthesis,high
additional advantage, is that due to its high level of photosynthesis, the Megafolia Tree will reducelevel
the of photosynthesis,
Megafolia Tree will reducethe
Megafolia
global
global Tree to
warming
warming willaa reduce
to much global degree
much greater
greater warming
degree thanto other
than a much
other greater
species
species due
duedegree
to thethan
to the amount
amount other of species
of carbon
carbon dioxide due to
dioxide
absorbed
the amount
absorbed during it’s
it’s rapid
of carbon
during growth.
dioxide
rapid growth.absorbed during it’s rapid growth.

Exceptional
Exceptional Growth Rate:
Rate: "" 222year
GrowthRate:
Exceptional Growth year Height
year Height up
Height up to
up to 32
to 32 feet
32 feet
feet
"" "" "" "" 222year
year Diameter
Diameter 6-10
year Diameter 6-10 inches
inches

"" "" "" "" 777year

year Height
year Height up
Height up to
up to 60
to 60 feet
60 feet
feet
"" "" "" "" 7 year
77year Diameter
year Diameter 22-28
22-28 inches
Diameter 22-28 inches
inches
Knot
Knot Free:"
Free:" "" "" Average height
height of
Average height of up
up to
to 35
35 feet
feet
Knot Free: Average of up to 35 feet
"" " "" "" to first limb at 77 years
" to first limb at years
to first limb at 7 years
Reforestation:"
Reforestation:" "" New
New tree
tree grows
grows from
from stump
stump
""Reforestation:
"" "" "" New
of tree grows
harvested tree
of harvested tree
from stump
of harvested tree.
Bioremediation:"
Bioremediation:" "" Removes
Removes andand converts
converts many
many
""Bioremediation:
"" "" "" pollutants
Removes from
pollutantsand the
the ground
fromconverts many
ground
pollutants from the ground

Flash Point: 477°F

Flash
Flash Point:"
Point:" "" "" 477°F
477°F
Specific Gravity:
Specific
0.28 - 0.30
Specific Gravity:
Gravity:## ## 0.28
0.28 -- 0.30
0.30
Moisture content:
Moisture
Moisture content:# ##
content:# 10-12%
10-12%
10-12%

Cellulose
Cellulose Content:#
Content:# ##
Cellulose Content: 46-49%
46-49%
46-49%

Hemicellulose
Hemicellulose Pentozan:# 22-25%
Pentozan:# 22-25%
Hemicellulose Pentozan: 22-25%

Lignin:#
Lignin:## ## ## 21-23%
Lignin: # 21-23%
21-23%

Paulownia
Paulownia || Intercropping
Intercropping || Services
Services 3
3
Paulownia Intercropping Services 3
Paulownia
Paulownia Megafolia
Megafolia
Visual Growth Gallery
Visual Growth Gallery

Visual Growth Gallery

Top left: Seedlings at 6 weeks.

Top right: Growth at 6 months.
Bottom left: Diameter at 4 years.
Bottom right: Mature tree at 8 years.

Paulownia |Intercropping
Paulownia Intercropping Services
| Services 44
Paulownia Intercropping
Sustainable Utilization of Natural Resources

In many Third World countries, the depletion of native forests coupled with the increased
demand for timber and fuel is creating serious environmental, economic and social problems.
One strategy that deals with this situation is to encourage rural people to integrate beneficial
tree species within their existing farming systems. 

In China, 11 species of
Paulownia have been used with
great success in agroforestry
programs. Some two million
hectares of farmland have been
planted with Paulownia, helping
to alleviate the chronic shortage
of timber, fuelwood, and animal
fodder, and at the same time
increasing agricultural production
and improving soil conservation.
The lessons learned concerning
the successful use of Paulownia
in China can benefit many other
countries facing similar problems
of competing priorities between
agriculture and wood production. 

Over the years, China has

become a global leader in
agroforestry research. Scientists
at the Chinese Academy of
Forestry (CAF) have been
studying Paulownia since 1959,
and have developed and
distributed several improved
varieties to farmers and
organizations in China and in
other countries. Building on this
body of proven research, The
Pacific Tree Company (USA) has
focused on the development of
new hybrid species that possess
specific characteristics for fast-
Intercropping with Wheat Crops between
growth and carbon sequestration
rows of Paulownia trees in China to
that are also well-suited for
better utilize available agricultural land.
Intercropping practices.

Paulownia Intercropping Services 5

Paulownia Benefits: 

• They are adaptable. They grow on flat or mountainous land, in various types of soil,
including rich humus soil in temperate areas, dry poor soil, rich forest soil, and light clay
soil in the subtropics, laterite soil in the tropics, and dry steppes. In general, Paulownia is
suitable for planting in deep soil that is loose, well-aerated, and fed by underground
water at a level below two metres;
• Paulownia also adapts to a variety of climates, from warm and temperate to tropical, and
can even withstand temperatures as low as -20° C (different species vary in their
resistance to the cold). The mean annual temperature for Paulownia is 13-25° C.
Precipitation needs also vary greatly, from as low as 500 mm to a maximum of 2,000 or
3,000 mm annually;
• They grow extremely quickly (average growth of 2m per year in height and 4-5 cm
around);
• They have a deep root system that do not compete with the roots of other food crops;
• Their branches and leaves are sparse, allowing plenty of light to come through;
• Intercropping with Paulownia can improve the microclimate by reducing the effects of
drying winds (wind speed can be reduced by 20-50% on average) and increasing air
moisture, which considerably increases yields of some crops such as winter wheat and
millet (provided that suitable crop density is maintained);

• Paulownia produces a beautiful, light wood, which is useful for furniture, plywood,
musical instruments, and handicrafts; its sale can considerably increase the income of
rural people;
• Its branches can be used for fuelwood (a 10-year-old tree produces up to 100 kg of dry
branches);
• The leaves are rich in protein (16.2%), carbohydrates (9.44%), and minerals, making
them ideal for animal fodder and green fertilizer (a 10-year-old tree produces up to 80 kg
of dry leaves per year);
• The leaves, flowers, and bark have medicinal properties. 

Intercropping Practices

If the trees are used primarily to improve agricultural production, approximately 40 to 67 trees
are planted per hectare. Intercropping with Paulownia will increase yields of wheat, corn,
cotton, and millet. Additional crops that have proven successful include strawberries, beets,
cantaloupes and coffee. If 50 trees are planted per hectare, they will produce 20-30 cubic
metres of timber per hectare in 10 years, a source of important extra income to farmers. 

Paulownia trees can also be planted primarily for timber production, with crops as a secondary
activity. In such case, 200 trees are planted per hectare. An initial yield of two crops per year is
reduced after four years to one crop per year, but can still amount to some 37.5 tonnes per
hectare over 10 years. From 90 to 110 cubic metres of timber per hectare can be produced after
10 years under this model.

Paulownia Intercropping Services 6

Considerations

Successful Intercropping requires access to seedlings or root cuttings of appropriate Paulownia

species for local conditions, as well as training in planting and managing the trees and
intercropping techniques. The Pacific Tree Company can provide training courses for farmers,
researchers, technicians, and extension workers as well as soil assessments for project
planning.

Broader Impact

Farmers around the world can

benefit greatly from intercropping
with Paulownia, especially in
areas with timber, fuelwood, and
fodder shortages. Paulownia
seeds have been introduced in
more than 30 countries in Africa,
the Americas, Asia, Australia,
and Europe. Considerable
success has been achieved in
Australia, India, and Pakistan. 

Of particular importance is the

diversification of income streams
that comes with intercropping
trees with existing food crops.
This not only increases the
annual revenues for farmers, but
it can spread that revenue out
over different growing seasons to
provide critical income during
traditional seasonal gaps.

The establishment of Paulownia

Nurseries across Africa would
provide a long-term, local source
of seedlings and root-cuttings for
a broad wave of reforestation
projects that would produce
sustainable timber products,
valuable food and forage crops
and help reduce global warming
through the natural carbon Intercropping Paulownia tress in between
sequestration process inherent rows of Corn Crops in Panama.
in fast-growing Paulownia trees.

Paulownia Intercropping Services 7

Carbon Sequestration Capacity
Paulownia Megafolia

The Paulownia tree is an excellent source of Cellulosic Ethanol, Wood Veneer, Structural
Lumber and other value-added products. The primary characteristic of this tree is it’s rapid
growth which provides a consistent, predictable mechanism for carbon sequestration.

A review of research findings for Paulownia trees concludes that this measurable form of carbon
capture qualifies for at least one of the emerging types of Carbon Reduction Certificates,
namely the Verified Emission Reductions (VERs) for voluntary markets, with an expected
market value of 2 EUR per ton of sequestered carbon.

Summary of Data:

680 trees can be planted on 1 acre, or 1,680 trees per hectare.

Sequestration rates are projected over the first 10 years of growth only.

Annual CO2 capture per hectare ranges from 60 tons (year 1) to 2300 tons (year 10)

Cumulative CO2 capture per hectare averages 8,750 tons over 10 years.

Carbon Credits per hectare are projected at 17,500 EUR over first 10 years.

Plantation Area Calculations:

1 Paulownia Tree = 5.2 tons of CO2 sequestered over 10 years = 10.4 EUR revenues

1,000 hectares = 8,750,000 tons of CO2 sequestered = 17,500,000 EUR revenues

5,000 hectares = 43,750,000 tons of CO2 sequestered = 87,500,000 EUR revenues

20,000 hectares = 175,000,000 tons of CO2 sequestered = 350,000,000 EUR revenues

The Paulownia Megafolia, developed by the Pacific Tree Company, has shown an increase in
annual growth rates compared to other Paulownia species and represents an increased
capacity for carbon sequestration using optimum farming practices.. The data represents
average growth rates for standard Paulownia trees and is considered ‘conservative’ for project
planning purposes.

The planting of improved Paulownia Megafolia Seedlings is expected to accelerate growth

and increase the carbon sequestration capacity of each hectare by 15% to 20% with a
correlating increase in market revenues from the sale of the VERs. Additional revenues beyond
the first 10 years will require continuing analysis of growth rates through plantation maturity.

Paulownia Intercropping Services 8

Market Products
Qualified Revenue Streams

The Paulownia tree is an excellent source of Wood Veneer, Structural Lumber, Cellulosic
Ethanol and other value-added products. The primary characteristic of this tree is it’s rapid
growth which provides a consistent, predictable mechanism for carbon sequestration. Revenue
streams will need to be carefully evaluated as trees are reaching maturity to ensure the most
valuable and highest end-use is selected to maximize profitability.

Wood Veneer Products

Considered to be the highest end-use value, mature trees are rough-cut into lumber which is
then sawn into thin strips of wood veneer that can be used for value-added products such as
furniture, specialty wood products and highly finished craft products. Because of the additional
processing involved in making the veneer, the value remains high due to the desirable finish and
quality it imparts to final products. Rough-cut trimmings that are usually wasted in the veneer
process can be subsequently used for Cellulosic Ethanol described below.

Structural Lumber Products

Also a valuable end-use, mature trees are rough-cut into lumber and sold at lower market prices
compared to veneer, but require less processing. Uses can range from structural lumber for
posts and frames to solid-wood furniture products. The value of this end-use may vary
depending upon both the global and regional supply and demand for Paulownia lumber and the
associated shipping costs into those markets.

Cellulosic Ethanol

A relatively new end-use, mature trees are chipped into biomass and then converted by either
an enzyme or thermal process into ethanol which can be sold into the market as a fuel source.
This end-use will require careful examination of the market prices for ethanol which must
include the capital costs of building a Biomass Conversion Plant. Paulownia has a lower BTU
density than other sources of Cellulosic Ethanol more common in the USA and Europe, which
may decrease it’s value compared to other end-uses.

Carbon Credits

Based upon the definitive study by South Pole Engineering, Paulownia qualifies for certain types
of Emissions Reduction Certificates that can add additional revenue to an already profitable
project. The challenge is that the Carbon Market is still emerging in many regions and an
International Standard has not yet been permanently defined. Constant attention will be needed
to make sure we select the most valuable form of credits available at different growth stages of
a 10-year project.

Paulownia Intercropping Services 9

Operations Summary
Pilot Equipment and Expenses

The Pilot Project will require upfront capitalization in order to establish the initial Plantation that
will serve as both a nursery and the first permanent plantation. The following tables identify the
initial operating expenses required for the build-out of the plantation as well as the ongoing
monthly expenses associated with operations and maintenance.

Initial Plantation Expenses: $5,215,000

Item: Project Use: Qty: Cost:

Paulownia Seedlings Seedlings to establish Plantation stock 400,000 $4,800,000

Kubota Tractor Tractor and attachments for on-site work 1 $60.000

KIA Pick-up Truck Truck for off-site cargo transportation 1 $40,000

Agricultural Toolkit Power and hand tools for maintenance 1 $15,000

Development Costs Professional Build-out of Plantation 1 $300,000

Pauwlonia seedlings will be purchased directly from supporting partners at a wholesale price
($12 per seedling) which is roughly 30% below current retail pricing for seedlings. The tractor,
truck and toolkit will be sourced locally within Ghana and the Development Costs will include
training of maintenance personnel and the establishment of project management tools.

Ongoing Plantation Expenses: $240,000 Annually

Expense: Description: Monthly: Annually:

Land Lease 300-acres land lease in Akwidaa $5,000 $60,000

Local Labor Local Maintenance Personnel $4,000 $48,000

Fuel/Supplies Fuel for tractor/truck and monthly supplies $1,000 $12,000

Management Fees Monthly Management of Operations $10,000 $120,000

Land is currently available for lease at $2,000 per acre, which includes compensation for
existing crops that are planted on this land and provide regular income for the land-owners. The
lease payments are structured over a 10 year period ($60,000 per year x 10 years) and paid in
monthly installments of $5,000.

Paulownia Intercropping Services 10

Financial Summary
Operating Pilot Scenario

The following table summarizes the Financial Operations for the 300-acre Pilot Project over a
10-year period with an initial $6,500,000 loan commitment to establish the Plantation Project.
Actual budget allocations may be revised subject to loan commitment terms and obligations.

Financial Forecast: $6,500,000 Project Budget

Project Year Expenses Revenues Balance

Initial Expenses: $5,215,000 Starting Balance: $1,285,000

2010 $240,000 -- $1,045,000

2011 $240,000 -- $805,000

2012 $240,000 -- $565,000

2013 $240,000 -- $325,000

2014 $240,000 -- $85,000

2015 $240,000 VERs $1,015,000 $860,000

2016 $240,000 -- $620,000

2017 $240,000 -- $380,000

2018 $240,000 -- $140,000

2019 $240,000 VERs $2,060,000 $1,960,000

2020 $240,000 Lumber $20,000,000 $21,720,000

Annual operating expenses are expected to remain constant at $240,000 with revenues from
carbon credits (VERs) recovered after years 5 and 9 respectively. VERs after year 5 are
calculated at 1/3 ($1,015,000) of the total ($3,075,000) VERs available over the 10-year project
cycle. Final cut lumber sales are calculated at a conservative $2/board foot, with current market
prices reaching up to $10/board foot in the export marketplace.

This forecast does NOT include loan interest or principal payments that would be defined by the
financial partners involved with the project. While annual revenue streams are limited during the
10-year project cycle to intermittent VERs, the total resulting profitability is more than sufficient
to retire a variety of principal and interest structures.

A more detailed and formal Profit & Loss Statement will be provided once these lending
parameters and variables are defined.

Paulownia Intercropping Services 11

Management Profile
Experience and Expertise

Paulownia Intercropping Services (Ghana) has partnered with the Pacific Tree Company (USA)
to apply advanced methods in Agroforestry Science to the creation of scalable Plantation
Models to meet social, economic and environmental needs within West Africa. Together, these
partners represent over 90 years of collective experience and expertise related to public/private
partnerships and complex international projects.

Pat Anfinson :: Founder and Chairman, Paulownia Intercropping Services

Pat Anfinson has made a career in international business development and consulting, and has
served as Principal, CEO, President and Director for both public and private companies. Pat has
directed several humanitarian and sustainable development programs, including a $500M
development effort in the Marshall Islands in coordination with the U.S. State Department. In the
mining industry, Pat introduced the HABER process in Ghana that led to the creation of the
government’s STAMP program (Strategic Abatement of Mercury and Poverty) that helped
eliminate the use of dangerous chemicals in small-scale mining operators. Pat is leading
Paulownia Intercropping Services’ efforts in Africa and continues to leverages his vast
government and commercial relationships to build consensus around sustainable strategies.

Dennis Beeson :: President, Pacific Tree Company

Denny Beeson is a farmer, researcher and agronomist specializing in tree propagation and
management. He is world renowned for his research and growing agro-forestry for the past 20+
years. During this time, he developed a hybrid of the Paulownia Fortunei, the Megafolia- the
world’s fastest growing tree. The Megafolia or “Baby Huey II”—grew in excess of 31 feet in
seven months and he grew one variety to a height of 35 feet in one year. This data has been
submitted to the Guinness Book of World Records. These trees are the result of the Mendalian
process of genetic selection over the course of many years (growing seasons) cultivating more
successful trees and crossing them for desired traits.

Mr. Beeson developed a master plan for a Eucalyptus plantation of approximately 300,000
acres in Cochabamba, Bolivia & Brazil, co-Established Bio-National Corporation to research and
manufacture soil remediation and ultra-violet/ozone water treatment systems to eliminate
ground water contaminants, researched Eucalyptus for firewood purposes and discovered the
fast- growing white gum species now used for paper pulp.

Mr. Beeson established the Pacific Tree Company as a resource (nursery) and management
company to establish agro-forestry plantations. He collected Paulownia tree seeds from sites in
China, crossed those trees with grown out root cuttings from Australia (Paulownia Fortunei,
Select #2) to establish the fastest growing high quality hardwood on the planet (Paulownia
Fortunei Megafolia). Pacific Tree operates satellite nurseries in several locations in California,
Arizona, New Mexico, Florida and North Carolina. Planned facilities with research plots include
the USA, Turkey, Brazil, Bolivia, Philippines, China, Taiwan, Israel, Mexico, Costa Rica, Fiji
Islands, Tunisia and Thailand. Additionally, Denny serves as primary consultant to the
government of the Philippines to establish a one half million acre Paulownia tree plantation.

Paulownia Intercropping Services 12

Glenn Stinebaugh :: Global Market Development

Glenn Stinebaugh has over 25 years of industry experience in the disciplines of Executive
Management, Strategic Planning (including joint ventures and strategic partnerships), Tactical/
Marketing Plan development and implementation, Economic Development, Marketing,
Research and Analysis, Project Management, and Cultural Program Development. Additionally,
he has a successful consulting background in executive management, market development and
market penetration/expansion (domestic and off-shore), team building, manufacturing, sourcing
(domestic and off-shore) and marketing in a variety of vertical industries including, technologies,
consumer packaged goods (CPG), textile/apparel, sustainable/environmental/green/organic
marketing, renewable energy technologies, retail and specialty operations, foods/beverages,
agri-business, Information Technology, media and entertainment, product placement and
integration.

Mr. Stinebaugh has built management teams, executed Board-level strategies, performed
research/analysis and developed strategic and tactical marketing plans for a number of global
organizations in their efforts to expand market share or penetrate new markets, both
domestically and offshore. Mr. Stinebaugh has also lead numerous trade missions from South
America to the U.S. while planning and implementing various U.S. State Missions abroad,
including several economic development and trade missions to Australia and SE Asia.

Dr. James A. Stottlemyre, Ph.D. :: GeoScience & Environmental Engineer

James Stottlemyre received his Undergraduate Degree in Physics, his Masters Degree in
Geophysics and his PhD in Geophysics from the University of Washington. He has been a
Financial Advisor with Merrill Lynch, an independent consultant for energy, water and
environmental projects and spent over twenty-six years in leadership positions with the Pacific
Northwest National Laboratory (PNNL) operated by Battelle Memorial Institute for the U.S.
Department of Energy (USDOE).

During his years with PNNL, Dr. Stottlemyre was Senior Manager for safeguarding weapon-
grade nuclear materials in Russia; the Associate Director for Environmental and Health Division
of PNNL; the Team Leader for the USDOE Global Climate Change program; National Team
Leader for the Department of Energy’s strategic planning task force designing a 10-year
environmental and health sciences research agenda; Manager of National Arid Site Integrated
Demonstration Program -- a DOE program to identify, develop and demonstrate environmental
remediation and point-of-source energy technologies for arid and semi-arid conditions; Director
of the National Environmental and Health Sciences Research Center; Director of Scientific
Support for the National Energy Research Advisory Board (ERAB) reporting directly to the
Secretary of Energy. ERAB was composed of 26 Senior Executives from industry and
academia conducting studies for DOE; Deputy Director of PNNL’s Earth and Environmental
Sciences Center managing over 400 scientists, engineers and support personnel; and Manager
for PNNL’s Geosciences Department.

Paulownia Intercropping Services 13