Re: Investment spend - since inception

Hi Jennie.

Please find a reconciliation of the S2M spent to date (it's actually SI.8M - spreadsheet attached).

Sorry for the delay but compiling this data involved pulling from 3 companies over 4 years and then culling through the data, unfortunately it not something that was handy.

By way of some context, Earthjet was a franchise business that operated thru 2006 which involved offering equipment for a common fleet. This was at a time when it was tough to find a charter. The company evolved into BusinessJetScats with Al Rapetti: and when when he fell ill, the Company negotiated with the shareholders to restructure. made the deal with Ilays, and renamed the business Greenjets.

The assets/software/IP ofEarthjet and 'HSI are under the control ofGreenjets.

I hope this provides some clarity to the situation.

Regards, Charles.

EFTA_R1_00200468
EFTA01825853

Charles B. Rockwood
Chief Financial Officer
Greenjets Incorporated
www.flygreeniets.com http://www.flygreenjets.com/
West Palm Beach, FL 33401

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CORE: Jennie Saunders | Founder & Chairman New York NY 10022 | Main: Mobile: www.coreaccess.net |

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CORE: Jennie Saunders | Founder & Chairman | New York NY 10022 | Main: Mobile: www.coreaccess.net |

Upcoming Cultural Spotlight

Monday. March 15th — two fantastic art events!6:30pm: ART 21 conversation with artist Carrie Mae Weems & actor/comedian David Alan Grier8:30 : Cocktail rece tion with artist Ai Weiwe Spaces are limited. Please call