ALGAE BIOFUEL FEEDSTOCK INITIATIVE

Elixir Bio-Tech Inc., (EBT) is a new corporation formed to cultivate and harvest Algae Biomass for producing multi-purpose Biofuel Feedstock; converting feedstock to Algae Crude oil and developing Biorefinery methodology, within the emerging Biofuel industry. This project will demonstrate innovative accelerated approaches in cultivating and harvesting biofuel feedstock for Biojetfuel, Biogasoline, Biodiesel, Biobased and Bionutrient co-products.

In a dual production system, the Company will also produce bulk dehydrated Algae for co-product manufacturing and packaging of Algae Nutraceuticals, Energy snacks and Animal Feed, for marketing bulk and packaged Algae products within the Health & Wellness Industry. Elixir Bio-Tech Inc. is launching its’ Algae Biomass project, and is currently formalizing a 31.7 acre property site in the Akela Industrial Park, Akela, New Mexico.

Algae Biomass/Biofuel Feedstock/Biocrude/Biorefinery program: Technology Advance to produce Algae multi-purpose feedstock within a 3-5 year timeframe:

· Rapid open and closed Bioreactor yields; initial capability - 30 tons of Algae Crude per/ac/yr

· Advance Algae Growth Units (AGU’s); yields to 300 tons of Algae Crude per acr/yr

· Select stains that can yield the most algal oil, more than 70% with improved lipid content

· Increase Feedstock Volume of both wet and dry harvesting

· Develop Algae Oil Conversion methods with 99.9% extraction processing

· Initiate methods of “Milking Algae” cells to excrete hydrocarbon fuels directlty.

· Produce affordable Aquacultural feedstocks - non-competitive with food sources or prices

· Minimize impact on the environment with CO2 sequestration, storage and recylcling

· Create over 300 jobs; economic development in rural area

· Provide cost effective Algal Crude oil projected @ $1.00-$2.00/U.S. gal within 5 years

· Develop Biorefinery methodology with initial outsourcing

· Manageable startup costs & short innovation cycles, declining cost with scale

Elixir Bio-Tech's key personnel have successfully commercialized Open ponds and Greenhouse bioreactor designs, culturing, cultivating and harvesting of microalgae, with an operating history of continuous Algae production at Solarium Biotechnology S. A. Chile, since 1989. Advisory and collaboration has been performed in over 10 Algae manufacturing facilities worldwide. Expertise has been developed in Module, Semi-Industrial, Industrial and Commercial production. The management team continues to collectively research, produce, and market bulk algae nutraceuticals and packaged algae products. For more information contact: Richard Warren, President /CEO richard@elixline.com