EMAIL DETAILS
SUBJECT:
re[2]: DE City
PRI: NORMAL
FROM:
DATE:
2010-04-13 22:25:36
MSG_ID:
<RVA5QlVVMyRPQEZVWltJMTk4ODM2MDk3@WadeRandlett>
RECIPIENTS:
TO:
E
Eric Schwerin
<[email protected]>
CC:
H
Hunter Biden
<[email protected]>
CONTENT:
TEXT: YES |
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PROCESSED
<HTML xmlns:o xmlns:st1><HEAD><BASE href="x-msg://193/"> <META name=GENERATOR content="MSHTML 8.00.7600.16535"></HEAD> <BODY style="WORD-WRAP: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space" leftMargin=1 rightMargin=1 topMargin=1><FONT size=2 face="Segoe UI"> <DIV>Great. Happy to talk to them.</DIV> <DIV><BR>Best,<BR>/w <BR>-------------------------------<BR>Wade Randlett<BR>Co-founder</DIV> <DIV>NextFuels, Inc.</DIV> <DIV>381 Bush Street<BR>Suite 300<BR>San Francisco, CA 94104<BR>415-397-3767<BR>415-397-3768 fax<BR></DIV></FONT> <DIV style="FONT-FAMILY: Segoe UI; FONT-SIZE: x-small"> <DIV>----------------------- <B>Original Message</B> -----------------------</DIV> <DIV> </DIV> <DIV><B>From:</B> Eric Schwerin <A href="mailto:[email protected]"><FONT color=#0000ff><[email protected]></FONT></A></DIV> <DIV><B>To:</B> Wade Randlett <A href="mailto:[email protected]"><FONT color=#0000ff><[email protected]></FONT></A></DIV> <DIV><B>Cc:</B> Hunter Biden <A href="mailto:[email protected]"><FONT color=#0000ff><[email protected]></FONT></A></DIV> <DIV><B>Date:</B> Tue, 13 Apr 2010 18:23:21 -0400</DIV> <DIV><B>Subject: <U>Re: DE City</U></B></DIV> <DIV> </DIV></DIV>Sounds good - we've been talking with Alan and his staff on this they are wanting to get something done if it makes sense. At some point too we may want to see if there is an angle for the University of Delaware to play. They have been talking to us about finding more commercialization opportunities for them and there may be something there we should talk about.<BR> <DIV><SPAN style="WIDOWS: 2; TEXT-TRANSFORM: none; TEXT-INDENT: 0px; BORDER-COLLAPSE: separate; FONT: medium Helvetica; WHITE-SPACE: normal; ORPHANS: 2; LETTER-SPACING: normal; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px" class=Apple-style-span> <DIV><BR class=Apple-interchange-newline><BR></DIV><BR> <DIV> <DIV style="MARGIN: 0in 0in 0pt; FONT-FAMILY: Arial; FONT-SIZE: 10pt"><FONT size=2 face="Times New Roman"><SPAN style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 11pt">Eric D. Schwerin</SPAN></FONT><o:p></o:p></DIV> <DIV style="MARGIN: 0in 0in 0pt; FONT-FAMILY: Arial; FONT-SIZE: 10pt"><FONT size=2 face="Times New Roman"><SPAN style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Rosemont Seneca Partners, LLC</SPAN></FONT><o:p></o:p></DIV> <DIV style="MARGIN: 0in 0in 0pt; FONT-FAMILY: Arial; FONT-SIZE: 10pt"><st1:street w:st="on"><st1:address w:st="on"><FONT size=2 face="Times New Roman"><SPAN style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">1010 Wisconsin Ave., NW</SPAN></FONT></st1:address></st1:street><o:p></o:p></DIV> <DIV style="MARGIN: 0in 0in 0pt; FONT-FAMILY: Arial; FONT-SIZE: 10pt"><st1:address w:st="on"><st1:street w:st="on"><FONT size=2 face="Times New Roman"><SPAN style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Suite</SPAN></FONT></st1:street><FONT face="Times New Roman"><SPAN style="FONT-FAMILY: 'Times New Roman'"> 705</SPAN></FONT></st1:address><o:p></o:p></DIV> <DIV style="MARGIN: 0in 0in 0pt; FONT-FAMILY: Arial; FONT-SIZE: 10pt"><st1:place w:st="on"><st1:city w:st="on"><FONT size=2 face="Times New Roman"><SPAN style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Washington</SPAN></FONT></st1:city><FONT face="Times New Roman"><SPAN style="FONT-FAMILY: 'Times New Roman'">, <st1:state w:st="on">DC</st1:state> <st1:postalcode w:st="on">20007</st1:postalcode></SPAN></FONT></st1:place><o:p></o:p></DIV> <DIV style="MARGIN: 0in 0in 0pt; FONT-FAMILY: Arial; FONT-SIZE: 10pt"><FONT size=2 face="Times New Roman"><SPAN style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">(202) 333-1880</SPAN></FONT><o:p></o:p></DIV> <DIV style="MARGIN: 0in 0in 0pt; FONT-FAMILY: Arial; FONT-SIZE: 10pt"><FONT size=2 face="Times New Roman"><SPAN style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"><A style="COLOR: blue; TEXT-DECORATION: underline" href="x-msg://59/[email protected]">[email protected]</A></SPAN></FONT><o:p></o:p></DIV> <DIV style="MARGIN: 0in 0in 0pt; FONT-FAMILY: Arial; FONT-SIZE: 10pt"><B><FONT color=#007f00 size=1 face=Webdings><SPAN style="FONT-FAMILY: Webdings; COLOR: rgb(0,127,0); FONT-SIZE: 8.5pt; FONT-WEIGHT: bold">P</SPAN></FONT></B><B><FONT color=#007f00 size=1><SPAN style="COLOR: rgb(0,127,0); FONT-SIZE: 9pt; FONT-WEIGHT: bold"> </SPAN></FONT></B><B><FONT color=#007f00 size=1><SPAN style="COLOR: rgb(0,127,0); FONT-SIZE: 7.5pt; FONT-WEIGHT: bold">Consider the environment before printing this email.</SPAN></FONT></B></DIV></DIV></SPAN></DIV><BR> <DIV> <DIV>On Apr 13, 2010, at 6:21 PM, Wade Randlett wrote:</DIV><BR class=Apple-interchange-newline> <BLOCKQUOTE type="cite"><SPAN style="WIDOWS: 2; TEXT-TRANSFORM: none; TEXT-INDENT: 0px; BORDER-COLLAPSE: separate; FONT: medium Helvetica; WHITE-SPACE: normal; ORPHANS: 2; LETTER-SPACING: normal; WORD-SPACING: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px" class=Apple-style-span> <DIV topmargin="1" rightmargin="1" leftmargin="1"><FONT size=2 face=Tahoma> <DIV><FONT size=2> <DIV style="MARGIN: 0px auto">Hi Hunter & Eric,</DIV> <P style="MARGIN: 0px auto"> </P> <DIV style="MARGIN: 0px auto">I expect to talk to Alan Levin tomorrow per his email. I will broach a much bigger idea with him that makes the power plant more valuable than even the extremely lucrative renewable diesel plant.</DIV> <P style="MARGIN: 0px auto"> </P> <DIV style="MARGIN: 0px auto">We believe that we can structure a deal that gets the 30% cash-back ITC for burning bio-oil in DE, and we could use the DE City site for a permanent manufacturing site to license the Honeywell technology and build the pyrolysis oil refining units there. We now believe that we could export dozens of these $50m/copy units overseas to our palm oil customers, so that rather than just doing a one-off retrofit of the existing refinery (which we still want to do), we could create a true advanced-manufacturing hub there. My goal is to have this be a re-prioritization of the ~$10m or so that we would ask DE to loan, not an increase in the amount we would seek.</DIV> <P style="MARGIN: 0px auto"> </P> <DIV style="MARGIN: 0px auto">Let me get through my call with Alan and I'll come back to you with how we could raise more private $ to make this exponentially bigger.</DIV> <P style="MARGIN: 0px auto"> </P> <DIV style="MARGIN: 0px auto">Best,</DIV> <DIV style="MARGIN: 0px auto">/w</DIV> <DIV style="MARGIN: 0px auto">-------------------------------</DIV> <DIV style="MARGIN: 0px auto">Wade Randlett</DIV> <DIV style="MARGIN: 0px auto">Co-founder</DIV> <DIV style="MARGIN: 0px auto">NextFuels, Inc.</DIV> <DIV style="MARGIN: 0px auto">381 Bush Street</DIV> <DIV style="MARGIN: 0px auto">Suite 300</DIV> <DIV style="MARGIN: 0px auto">San Francisco, CA 94104</DIV> <DIV style="MARGIN: 0px auto">415-397-3767</DIV> <DIV style="MARGIN: 0px auto">415-397-3768 fax</DIV></FONT><BR></DIV></FONT></DIV></SPAN><BR class=Apple-interchange-newline></BLOCKQUOTE></DIV><BR></BODY></HTML>
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