statements 1. Organization and nature of business BoThermErergy Projects (the-Company') consists of Kapheuwel.Oassetonten Wnd Energy Facility (RF) Propretary Lamed Sevenstonee 159 (RF) Propnetary Limited and Umarco 77 (RF) Propretary Limited These Compares are ornately owned companies registered in South Africa ncomorated