Subject: Africa Project
From: "Eric Schwerin" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Date: Sat, 12 Apr 2014 10:01:54 -0400

FYI, talked to Ben yesterday and he is working with a company in Ethiopia that just got the contract to supply all the smart meters in Ethiopia (2 million I believe).  The guy running the company has experience from the US in smart meters and it is going to be a Power Africa project with backing from the Credit Development Authority.  The guy is looking for $6 million in start up funds.   I am doing a call with Dan and Ben on Tuesday to see if some of Dan's less conservative investors would be interested.   The company has no revenue - just the contract with the Ethiopian government and US government backing - so I can't imagine it is an RSTP play. 

Sounds like an exciting opportunity for the right investor. 

Nothing to do unless you have any additional thoughts/guidance. 

Will keep you posted. 

Eric D. Schwerin
[email-masked]

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