[Dialogue] Fwd: Renewable Utilities Ltd.

[Sandra Rafos]

I wanted to share this with others who may have been contacted by 
Renewable Utilities.

Begin forwarded message:
>
>> From: "David Patterson" <dpatterson at northwatercapital.com>
>> To: <ken at gitnz.info>
>> CC: "Ruth H. Gilbert" <gilbertr at prairienet.org>,"John Patterson" 
>> <jpatterson at kanbay.com>,"Bob Rafos" <rafos at sympatico.ca>,"Jim 
>> Sinclair" 
>> <jsinclair at northwatercapital.com>,<stovern at bellsouth.net>,"Sarah 
>> Miller" <sarah.miller at earthlink.net>,"Andy Harrison" 
>> <aharrison at northwatercapital.com>
>> Subject: Renewable Utilities Ltd.
>> Date: Mon, 8 Jan 2007 22:23:10 -0500
>>
>> Dear Mr. Hamje:

>> I have been forwarded an e-mail that you sent along to Ms. Ruth 
>> Gilbert
>> on December 26, 2006 (included at the bottom of this communication for
>> reference).
>>
>> In your e-mail you make numerous claims that I take exception to and I
>> am sending this e-mail to you to request that you immediately cease 
>> and
>> desist from making them in the future.  Further, I would ask that you
>> immediately notify each of the people to whom you have made these
>> statements that they are false and that you are withdrawing them.
>>
>> While it is true that my brother John Patterson and I met with Mr. 
>> John
>> Kendall of Renewable Utilities Ltd. ("RUL") on December 18, 2006 I can
>> assure you that at no time during that meeting did I authorize Mr.
>> Kendall or any one on his behalf or on behalf of RUL to make any
>> representation that I had approved, endorsed, recommended or was
>> otherwise favorably disposed to an investment in RUL.  In fact, the
>> reverse is true in that I was quite negative about the prospects for
>> success of the projects described by Mr. Kendall.  Furthermore, at no
>> time did I make any representation that Northwater Capital Management
>> Inc. (Northwater) had approved, endorsed, recommended or was otherwise
>> favorably disposed to an investment in RUL.  In addition, at no time 
>> did
>> I invite Mr. Kendall to return in a "couple of months for a major
>> investment" as you suggest in your e-mail.
>>
>> Your e-mail suggests that my colleague Mr. Andrew Harrison, a
>> "technology expert", was "extremely impressed with the technology."
>> Again, this is simply untrue.
>>
>> Furthermore, I can assure you that Northwater conducts extensive due
>> diligence on the investments made for its clients and would not make 
>> any
>> recommendation to its clients (let alone to someone who is not a 
>> client)
>> without having conducted much more research and analysis.  In this 
>> case,
>> there is not enough interest on our part to do that additional due
>> diligence.
>>
>> I would point out that your e-mail and its accompanying description of
>> RUL and ICA International (ICAI) is in breach of Canadian and US
>> securities laws and, as such, the fact that it associates my name and
>> that of Northwater with RUL as providing a testimonial for RUL (and by
>> association with ICAI) is very distressing to me.  It is not the 
>> policy
>> of Northwater to provide testimonials.  It is particularly upsetting 
>> to
>> me when my name and that of Northwater is used in a way that we do not
>> believe is compliant with applicable laws.  As a result I would 
>> strongly
>> recommend that you immediately engage a U.S. securities lawyer to help
>> you understand what you can and cannot say and do in the promotion of
>> securities in the U.S.  You will find the laws to be somewhat similar 
>> in
>> Canada.
>>
>> Please immediately confirm to me by return e-mail that you will inform
>> your correspondents that you are retracting these statements and
>> additionally confirm to me that you will never again mention my name,
>> the name of Mr. Harrison or that of Northwater in association with RUL
>> or ICAI or ever imply either explicitly or implicitly that we have
>> approved, endorsed, recommended or are otherwise favorably disposed to
>> RUL or ICAI in any correspondence written or otherwise.
>>
>> Your urgent attention would be most appreciated.
>>
>> Finally, I will ask the good folk at ICAI to immediately remove my 
>> name
>> from their membership list.  I simply cannot afford to be involved in 
>> an
>> organization that is associated with the illegal promotion of
>> securities.

>> Yours truly,
>> David G. Patterson
>>

>> Chair & CEO
>>
>> Northwater Capital Management Inc.
>> 4700-181 Bay Street
>> P.O. Box 794
>> Toronto, Ontario
>> M5J 2T3
>>
>> Phone:  416-360-1254
>> dpatterson at northwatercapital.com
>> <BLOCKED::mailto:cmoore at northwaterobjects.com>
>> http://www.northwatercapital.com
>> <BLOCKED::http://www.northwatercapital.com/>
>>
>> ----- Original Message -----
>> From: Ken <mailto:ken at gitnz.info>
>> To: gilbertr at prairienet.org
>> Sent: Tuesday, December 26, 2006 8:39 PM
>> Subject: Referral from John Patterson
>>
>> Dear Ruth and Ken,
>>
>> John Patterson suggested that I contact you with an invitation to
>> participate in a very special opportunity I've been working with for
>> some months now to benefit the transition of the ICAI to a fully 
>> staffed
>> organization.  I wrote you about this in July but never followed up 
>> as I
>> was waiting for the company to be reviewed by John Patterson and his
>> brother David.  That review finally happened last Monday in Toronto, 
>> and
>> the results were very favorable.  While this private company is not
>> "public investment grade" today by David Patterson's stringent
>> standards, he did invite Mr. Kendall to return in a couple months for 
>> a
>> major investment.  John Patterson has given me permission to tell you
>> that he is very enthusiastic about the future of the company and its
>> technology, and that he has personally invested $100,000 in it to 
>> date.
>> He would encourage you to take a look at it as a serious investment 
>> with
>> the promise of excellent returns beginning next quarter, and which can
>> make a real difference in the world as well as assisting ICAs in the
>> third world.  Also, 10% of your investment will be donated to the 
>> ICAI,
>> and you will get the US tax benefit of that donation as well.
>>
>> THE COMPANY
>>
>> As you may remember, the company is called Renewable Utilities Ltd.
>> (RUL) and its website is www.renewableutilities.com
>> <http://www.renewableutilities.com/>  and it is based in Singapore to
>> best serve the needs of the third world.  Its principal is Mr. John
>> Kendall who was the one who met with John and David Patterson on
>> December 18th in David's Northwater Capital office in Toronto.  Also
>> present was Andy Harrison, a technology expert working for David, who
>> was extremely impressed with the technology which John Kendall 
>> unveiled
>> to them in that three hour meeting.  The principal technologies 
>> involved
>> are a very advanced solar dish technology, a highly portable and
>> efficient wind technology, a water technology which can reclaim 
>> deserts,
>> and a food and tree growing technology which uses the other RUL
>> technologies to put food and forestry production where it has not been
>> possible to grow things before.  The human implication of these
>> technologies is staggering for relief  and refugee work in the third
>> world, as well as in collaboration with ICA human development work.
>> Obviously, the economic prospects for the company as an investment are
>> huge.
>>
>> MY ROLE
>>
>> Before I tell you more about the technologies, let me tell you how I 
>> am
>> involved with RUL and this project with ICAI.  I met John Kendall six
>> years ago through a mutual friend, and I have been working with him 
>> on a
>> volunteer basis since then to assist in raising the start-up capital 
>> for
>> the company.  From the very beginning I've seen that this company 
>> could
>> make a huge impact in the developing world where the cost of energy 
>> and
>> source of water is becoming a major issue in many regions.  Over the
>> past six years I've watched the products get developed, the patents be
>> filed, the demonstration units be tested, and the project contracts be
>> signed.  Now the company is well capitalized and has about $200 
>> million
>> of contracts in process and is going into production with its "Food
>> Barn" integrated food production project in 2007.
>>
>> BENEFIT TO ICAI
>>
>> After being pretty much out of the loop with the ICA for the last 20
>> years, last June I went to the ICAI General Assembly in Toronto with 
>> the
>> idea that the national ICAs could benefit from using the RUL 
>> technology
>> in their projects, especially in third world settings.  I came away a
>> week later as the new Treasurer of ICAI and a clear image of RUL
>> becoming a working partner with a number of ICAs, certainly in Africa
>> and India, and then perhaps in other places as well.  I brought that
>> image back to John Kendall and he encouraged me to work to build the
>> relationship.  That led to the offer of sharing 10% of invested moneys
>> with the ICAI, which has generated some significant income in the past
>> few months for the ICAI transition.   Now, after the visit with the
>> Pattersons in Toronto, John Kendall has very generously made 2 million
>> units available to ICAI from his own holdings for this fund raising
>> effort.  These are the last units available to outside investors, so
>> they are a real gift to ICAI and to its supporters, especially since 
>> the
>> company is no longer looking for start-up capital.  The only 
>> stipulation
>> to this offer is that these units be placed with investors before the
>> end of January, since I've got to free up my time to join the company 
>> as
>> head of the NGO division concerned with the funding and placement of
>> non-profit projects.   The funding arrangement that we have developed
>> will actually allow RUL to donate these systems through NGOs in third
>> world settings, which is a very exciting prospect.
>>
>> MARKETING
>>
>> Just one more point of clarity before I launch into product
>> descriptions.  The company is not interested in building and selling
>> products per se.  The company is focused on taking on performance
>> contracts which utilize the company products to resolve major economic
>> and social challenges.  For instance, the company has a $50 million
>> 3-year contract signed for providing the tree nursery and water 
>> systems
>> for a 10 million acre reforestation project on Aboriginal land is NW
>> Australia, which is designed to make an improvement in the climate of
>> the continent in 50 years.  Another contract will deliver 250,000
>> gallons per day of pure water to the Sultanate of Brunei using the
>> unique offshore desalination barge developed by RUL.  Four other such
>> projects are in the process of being closed in the next 60 days, and
>> there are several more in the development stage.  These projects range
>> from straight cash deals to full-fledged joint venture agreements and
>> leave the company in a solid cash position with no ongoing investment 
>> or
>> management challenges.  In the future, some of the individual products
>> of the company may be brought to market to be sold as stand alone
>> products, but those will be done by joint venture partners where they
>> provide all of the management, funding and marketing for the venture,
>> leaving RUL to contribute the technology for a minority (i.e. 30%) 
>> share
>> in the venture.  This being said, let's take a look at the products.
>>
>> THE PRODUCTS
>>
>> The RUL website highlights the patented technologies of the company 
>> but
>> there is a great deal left unsaid for security reasons.  I will give 
>> you
>> a brief overview here, and will be glad to share more details when we
>> talk.  John Kendall went into a great deal of technical detail with 
>> the
>> Patterson's last week, which is why they were so impressed with what 
>> RUL
>> has developed, placed under patent, and is now putting into operation.
>>
>> The company began its development a little over six years ago with 
>> water
>> technology - to condense major amounts of water out of the hot humid
>> air, applicable in about 75% of the world where water is needed the
>> most.  Today the WaterWorks unit can make 100,000 gallons of pure 
>> water
>> per day - from the air.  It's a key unit in the tree nursery operation
>> for the project in Australia and in the Food Barn projects for third
>> world countries.  The desalinization barge is a related technology 
>> which
>> produces water at a 75% cost reduction from competing technology by 
>> the
>> simple insight of using the pressure of the sea to move the water
>> through sophisticated filters.  Just one barge will provide 5 million
>> gallons of water per day for the tree plantation in the coastal desert
>> of NW Australia.
>>
>> Some electrical power is needed for the water production, so the
>> development of solar and wind power products followed next.  The
>> SolarDish unit is a radical breakthrough in electrical production 
>> where
>> a parabolic dish is used to concentrate the sun's rays, and lenses are
>> used to remove most of the heat, thereby allowing solar cells to be 5
>> times more efficient, while cutting the installed cost in half.   The
>> technology can be installed on the top of power poles making
>> transmission lines increase in power rather than lose power over a
>> distance.  But the most remarkable configuration is installation in a
>> standard 20 foot shipping container with 6 discs on top, which will
>> generate just short of one megawatt of power daily, with near zero
>> maintenance for up to 30 years.  This is a totally proven product and
>> the company will be placing a demo SolarDish unit on public display in
>> the Las Vegas area by February.
>>
>> The WindSource electrical generation unit was the next to be 
>> developed,
>> and it too is a breakthrough as it sits on the ground with a vertical
>> axis and is near friction-free as it rotates on a magnetic air-cushion
>> bearing and uses a silent induction generator.  Consequently, it can
>> generate power with very low wind speeds, and can also handle variable
>> wind speeds, something the big towers can't do.  This means that it is
>> applicable in many more locations, and can be installed at much less
>> cost than the big towers.
>>
>> The Australian project was signed for these three technologies, but 
>> the
>> challenge of raising so many trees in nurseries, called forth another
>> set of patented technologies in the past 18 months - the plant growth
>> technologies of the Food Barn and New Leaf Forestry divisions.  These
>> technologies can grow plants 3 times faster in totally enclosed
>> warehouse type structures, using SolarDish for both light and power,
>> plus the WindSource and WaterWorks technologies where needed.  The New
>> Leaf grower can grow a 30 foot tall tree in 30 months, which when
>> transplanted to the field will grow to a fully mature high-value
>> hardwood tree in a total of 10-12 years, about half of the normal
>> growing time.  These growers will be used in the huge tree nursery
>> operation of the Australia project in 2007, and an adaptation of the
>> technology will be used to grow vegetables in the first Food Barn
>> facility outside of Las Vegas also in 2007.  Both of these facilities
>> will be major demonstrations of the entire package of RUL technology 
>> and
>> will be marketed on the company website with the use of live web cams.
>>
>> FINANCING & RETURNS
>>
>> The financing of the company has been done to date through the
>> participation of about 80 small private investors who have become
>> members and purchased units in the Global Investment Trust (New 
>> Zealand)
>> (GITNZ) which is a 10% owner of Renewable Utilities Ltd. (Singapore).
>> The first 5 million dollar payment on the Australian project is 
>> expected
>> in January which will initiate the work there on that $50 million 
>> 3-year
>> contract.  Just last week, $10 million was contracted as the initial
>> phase of a $180 million equity investment in the Food Barn and New 
>> Leaf
>> Forestry divisions, along with the initiation of 4 new joint ventures 
>> in
>> four different nations.  The actual work on these projects is expected
>> to begin in February, resulting in an explosion of activity for the
>> company throughout 2007.
>>
>> Since the ownership of the company is completely private, the 
>> immediate
>> returns to the investors will be in terms of dividends paid quarterly
>> beginning at the end of the first quarter of 2007.  From currently
>> visible business, we anticipate that dividends will be in the range of
>> 25-50 cents per unit in 2007, 50 cents to one dollar in 2008 and over 
>> $1
>> beyond that.  This means that current investors should recover their
>> capital in about two years and then earn over 100% per year beyond 
>> that.
>> And that is only from current operations - there is much more to come!
>> Also, GITNZ members will be given the first opportunity to invest in 
>> the
>> very lucrative joint ventures and associated public offerings in years
>> to come.   Members may also bring joint ventures to the company and
>> retain a small ownership share of that joint venture for their 
>> referral.
>>
>> TAKING ACTION
>>
>> For the sake of ICAI, I am interested in placing the available 2 
>> million
>> units in the next 30 days.  While the units have been sold for $2 each
>> during the past 12 months, I have been authorized by John Kendall to
>> make double units available to ICA associates, making the effective
>> price just $1 per unit.  As I mentioned before, I am contributing the
>> 10% commission on these sales, making a potential $200,000 
>> contribution
>> possible for ICAI.  This is a very significant amount and well worth 
>> our
>> attention, but the bottom-line for you as an investor is that the
>> company is now "over the hump" in the start-up process and solidly
>> funded to move ahead as planned.  Your investment will come back to 
>> you
>> quickly in the form of dividends, so I think that we are truly looking
>> at a total win for everyone with this situation, which is why I am so
>> proud to bring it to you.
>>
>> I'll give you a call in a couple days to chat with you about this
>> project.  I look forward to "catching up" with you after all of these
>> years!
>>
>> Respectfully --- Ken
>>
>> Ken Hamje
>>
>> Executive Director (Volunteer)
>>
>> ICA-PERU, Lima, Peru
>>
>> US Phone: (941)351-9090
>>
>> Skype ID:  VidaRica
>>
>> ken at gitnz.info
>>
>>
>>
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>>
>>
>>
>>
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