American Alliance Financial & Funding Group Corporate Summary – March 2008.

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American Alliance Financial & Funding Group Corporate Summary – March 2008

Transcript of American Alliance Financial & Funding Group Corporate Summary – March 2008.

Page 1: American Alliance Financial & Funding Group Corporate Summary – March 2008.

American Alliance Financial & Funding Group

Corporate Summary – March 2008

Page 2: American Alliance Financial & Funding Group Corporate Summary – March 2008.

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Legal THIS CORPORATE SUMMARY DOES NOT CONSTITUTE AN OFFER TO SELL OR SOLICITATION OF AN

OFFER TO BUY FROM ANY PERSON IN ANY STATE OR OTHER JURISDICTION IN WHICH SUCH OFFER

OR SOLICITATION WOULD BE UNLAWFUL, OR IN WHICH THE PERSON MAKING SUCH OFFER OR

SOLICITATION IS NOT QUALIFIED TO DO SO, OR TO A PERSON TO WHOM IT IS UNLAWFUL TO MAKE

SUCH AN OFFER OR SOLICITATION. THERE IS NO PUBLIC MARKET FOR THE SECURITIES, AND NONE

IS EXPECTED TO DEVELOP IN THE FUTURE. THEREFORE, INVESTORS SHOULD BE AWARE THAT THEY

MIGHT BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE

PERIOD OF TIME.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS. This Executive Summary

contains “forward-looking statements” within the meaning of the federal securities laws. Forward-

looking statements are those that predict or describe future events or trends and that do not relate

solely to historical matters. For example, forward-looking statements may predict future economic

performance, describe plans and objectives of management for future operations and make

projections of revenue and other financial items. Prospective investors should not rely on such

forward-looking statements because the matters they describe are subject to known (and unknown)

risks, uncertainties and other unpredictable factors, many of which are beyond our control.

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AAFFG Company Profile A financial services institution with its vast assets

under management, unique approach, dynamic relationships, and core expertise. Leading global conduit focused on the following sectors:

• Banking• Energy• Mining and Minerals• Government• Technology

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AAFFG Mission

AAFFG is dedicated to creating value for its stakeholders and operating under the premise to:

Reinvest a significant portion of its net proceeds into the betterment of communities of the world it engages.

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Corporate StructureAmerican Alliance Financial & Funding Group

Corporation (Nevada “C” Corp)-

Parent (Holding Company)

AAFFG LLCJ oint Ventures

(Hong Kong Registered)

AAFFG LLCJ oint Ventures

(Nevada Registered)

Shintoc I nvestments Ltd. (Hong Kong Registered)

-Wholly Owned Subsidiary

Aces Oil and Gas LLC (Florida Registered)

Nevada White River Valley-

Wholly Owned Subsidiary

Shintoc / Yige Intn’l I nvestment Group

Co. Ltd J VOil Refinery,

Storage, Production Complex J iangsu

Province, PRC -

80% owned by Shintoc

Shintoc / Sky Glory Co. J V

Silica Mine & Refinery

Hubei Province, PRC

-51% owned by

Shintoc

Shintoc/ Shanghai Oil Enterprise Group

Petroleum Chemical I ndustry Company

Limited J V (CNPC Operating Co.)

China Petroleum Import License

-J oint Venture

Shintoc/ SAJ LtdJ V

Silica and Oil Sales from FDS Plant

-51% owned by

Shintoc

Shintoc / Sinjiang New Evertrust

I nternational Trading J V

(CNPC Operating Co.) China Petroleum Import License

-J oint Venture

AAFFG LLC Limited Partnerships(Nevada Registered)

- Managing General Partner

American Alliance Financial & Funding Group LLC (AAFFG LLC)

(Arizona LLC and Nevada Foreign LLC Registration)-

Wholly Owned Subsidiary and Management Company

AAFFG LLC Foundations/

Humanitarian Initiatives

Premier (wood products)

ASG (FDS Coke) (power plant)

A & J Holdings I (FDS Coke) (power plant)

Need a Parts (wholesale auto parts distribution)

Golden Light Studios (film production)

WMG Software Management (software energy/commodities exchange development for US Gen. Serv. Admin. (GSA)

Wealth Management Group (finance)

ECCO Drilling (oil and gas drilling)

ARCO Hills (silica mining)

Business Solutions (finance)

Boardwalk Property Group Corp(precious metals)

Accelerated Communications (WIFI telecom)

Appelman (gold mining)

Bosanda International (oil remediation technologies)

TOTE (defense technologies)

CARD International (silica mining)

Premier (wood products)

ASG (FDS Coke) (power plant)

A & J Holdings I (FDS Coke) (power plant)

Need a Parts (wholesale auto parts distribution)

Golden Light Studios (film production)

WMG Software Management (software energy/commodities exchange development for US Gen. Serv. Admin. (GSA)

Wealth Management Group (finance)

ECCO Drilling (oil and gas drilling)

ARCO Hills (silica mining)

Business Solutions (finance)

Boardwalk Property Group Corp(precious metals)

Accelerated Communications (WIFI telecom)

Appelman (gold mining)

Bosanda International (oil remediation technologies)

TOTE (defense technologies)

CARD International (silica mining)

Oil Import and Purchase Contracts with Saudi Aramco, NOC Libya, PDVSA Venezuela

Composite Metals Corporation J V (Metals & Gold

Tailings)

Executable Option:

-Utah Oil Leases J V

Executable Option:

-Belieze Resort

Development J V

Limited PartnershipsAAFFG / LHI Ltd J V (Hypothecation of bond instrument)

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AAFFG Key ManagementSteven V. Cross – Chairman & Chief Executive Officer

Robert Tunnison – Executive Administrative Assistant  

Phillip Long – Chief Financial Officer

CD Rowsell – Senior Executive Vice President, Investments

Gary Wiess – Senior Vice President, Commodities

Alexander Chang – Executive Vice President, Legal Counsel – Asia

Thomas L. Woodall – Senior Vice President, Chief Legal – Americas

William C. Brannan – Senior Vice President, Economics & International Planning

Richard Scales – Senior Vice President, Financial Management

Jim Lewis – Chief Geologist

Paul Pomp – Chief Silica Engineer

Gordon Pomp – Silica Production Manager

Steven Hopkins – Project Lifeguard Supervisor (EDCU – Utah Governors Office)

Stacy Hopkins – Chief EDCU Coordinator

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Limited Partnerships and Joint Ventures

LP/JV Name Type % Owned % Revenue Description Valuation

Card LP Silica 51% 35% 18 billion tons $2,160,000,000,000

Card LP Gold 51% 35% 7 million ounces $3,500,000,000

Arco Hills LP Silica 51% 40% 20 billion tons $2,400,000,000,000

Crow Claims Silica 51% 40% 18 billion tons $2,160,000,000,000

Appleman LPGold, Silver, Platinum,

Palladium, Iridium51% 40%

50 million tons mineral deposits

$851,000,000,000

Aces Oil Oil 100% 58%140 million ~ 1.94 billion

barrels$7,000,000,000

Ecco Drilling LP Oil Driller 70% 80%

Bosonda LP Water/LPG 51% 80%

Wealth Management LP Finance 51% 80%

Business Solutions LP Finance 51% 80%

Tote International LP Technology 51% 30%

WMG Software LPCommodities

Exchange75% 74%

Shintoc -Yige JV Oil Refinery 80% 50%

Boardwalk Property LP Emeralds/ Property 51% 30% 175,000 oz.

Composite Power JV Gold/Metal Tailings 51% 40% 40 million tons

Silica China Hubei JV Silica 51% 50% 700 million tons

Need A Parts Automotive 51% 10-25%

Golden Light Studios Entertainment 51% 40%

A&J Holdings Power Plant 51% 40%

Premier Wood Products 85% 85%

ASG Power Plant 51% 40%

Shintoc-SAJ JV Commodities 51% 40%

Accelerated Communications

Technology 51% 40%

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AAFFG Corp - Financial Projections

All figures in $USD

• 5 Year NPV = $5.25 billion (Taxes and Depreciation not included in all calculations)

• Based on Investment Capital of $252 million over 27 month period

• Investment Recovery (Cumulative Break‑even) Q2 2009

• Cash Flow Positive Q1 2009 (Peak Cumulative Loss ~ $94 million)

  2008 2009 2010 2011 2012 5 YEAR TOTAL

TOTAL GROSS REVENUES $ 206,065,650 $ 2,693,164,583 $ 6,490,779,879 $ 12,526,893,516 $ 17,052,054,796 $ 38,968,958,424

TOTAL EXPENSES $ 121,120,020 $ 1,762,201,017 $ 4,085,896,126 $ 6,460,027,880 $ 8,934,345,248 $ 21,363,590,291

TOTAL GROSS PROFIT $ 84,945,630 $ 930,963,566 $ 2,404,883,753 $ 6,066,865,636 $ 8,117,709,548 $ 17,605,368,133

AAFFG SHARE OF LP/JV PROFITS $ 50,845,105 $ 481,634,027 $ 1,116,891,701 $ 2,641,119,054 $ 3,496,299,819 $ 7,786,789,706

LESS: AAFFG REQUIRED CAPITAL $ 111,149,875 $ 126,000,000 $ 15,000,000 $ - $ - $ 252,149,875

AAFFG SHARE of GROSS PROFIT (- LOSS)

$ (60,304,770) $ 355,634,027 $ 1,101,891,701 $ 2,641,119,054 $ 3,496,299,819 $ 7,534,639,831

LESS: AAFFG CORPORATE EXPENSES

$ 17,510,058 $ 33,845,973 $ 43,048,400 $ 56,518,858 $ 80,431,004 $ 247,370,183

AAFFG EBITDA $ (77,814,828) $ 321,788,053 $ 1,058,843,301 $ 2,584,600,197 $ 3,415,868,815 $ 7,287,269,648

Less: Depreciation and Amortization

$ - $ - $ - $ - $ - $ -

Less: Income Tax Expense $ - $ - $ - $ - $ - $ -

NET PROFIT - (LOSS) $ (77,814,828) $ 321,788,053 $ 1,058,843,301 $ 2,584,600,197 $ 3,415,868,815 $ 7,287,269,648

CUMULATIVE NET PROFIT - (LOSS)

$ (93,830,718) $ 227,957,335 $ 1,286,800,637 $ 3,871,400,833 $ 7,287,269,648 $ 7,287,269,648

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Balance SheetASSETS LIABILITIES

Cash $50,000   Accounts payable

$2,444,577

Accounts receivable $0   Short-term notes $0

Short Term Investments  $0   Taxes payable $0

Prepaid expenses $0   Accrued payroll $ 4,477,083

Total Current Assets $50,000   Total Current Liabilities $ 6,921,660

         

Investments – LP (Non Minerals and Mining) $ 1,969,730   Long Term Notes Payable

$ 7,578,000

Investments - LP Mining and Minerals

(Valuation * Rev Share) $3,214,355,000,000  

Total Long Term Assets $3,214,357,019,730   Total Long Term Liabilities $7,578,000

     

      STOCKHOLDERS EQUITY  

      Paid in Capital $0 

      Retained earnings $3,214,342,520,070

Total Shareholders' Equity $3,214,342,520,070

       

TOTAL ASSETS $3,214,357,019,730   TOTAL LIABILITIES & EQUITY $3,214,357,019,730

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Oil Contracts

Deal PartnerContract

TermPotential

Annual Quantity Potential Annual Profit

Buy Mazut 100/CT180 CNPC1 10 Years 18 million MT $45,000,000

Buy D2 (Diesel) CNPC 5 Years 12 million MT $18,000,000

Buy Crude Oil CNPC 10 Years 480 million barrels $480,000,000

Sell Crude Oil PDVSA2 10 Years 480 million barrels $480,000,000

Buy Crude Oil CNPC 5 Years 35 million barrels $36,000,000

Notes:

1 CNPC – China National Petroleum Corporation

2 PDVSA - Petroleos de Venezuela, S.A.

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Oil Contracts Financial Projections

• 5 Year Net Present Value = 1.1 billion (8% discount rate)

• No Initial Capital Investment Required

  2008 2009 2010 2011 2012 5 Year Total

Total Oil Contract Revenue $54,770,000 $ 372,600,000 $ 487,600,000 $ 597,600,000 $ 777,600,000 $ 2,290,170,000

Total Operating Expenses $ 2,738,500 $ 18,630,000 $ 24,380,000 $ 29,880,000 $ 38,880,000 $ 114,508,500

Total Profit $52,031,500 $ 353,970,000 $ 463,220,000 $ 567,720,000 $ 738,720,000 $ 2,175,661,500

Cumulative Total Profit $52,031,500 $ 406,001,500 $ 869,221,500 $ 1,436,941,500 $ 2,175,661,500 $ 2,175,661,500

AAFFG Profit $36,010,700 $ 239,799,000 $ 315,799,000 $ 383,724,000 $ 497,724,000 $ 1,473,056,700

AAFFG Cumulative Profit $36,010,700 $ 275,809,700 $ 591,608,700 $ 975,332,700 $ 1,473,056,700 $ 1,473,056,700

Total Investment $ - $ - $ - $ - $ - $ -

Cumulative Investment $ - $ - $ - $ - $ - $ -

AAFFG Cash Flows $36,010,700 $ 239,799,000 $ 315,799,000 $ 383,724,000 $ 497,724,000 $ 1,473,056,700

AAFFG Cumulative Cash Flows $36,010,700 $ 275,809,700 $ 591,608,700 $ 975,332,700 $ 1,473,056,700 $ 1,473,056,700

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Summary of Silica Leases• The 3 distinct mineral leases on 40,000+ acres contain an estimated 50 billion tons of quartz silica rock of very high purity, as well as an abundance of quartz crystals of gemstone and fiber optic quality.

• The British Columbia sites are located near rail facilities connected to port facilities at Vancouver, BC or Prince Rupert, BC. The Idaho site is also close proximity to rail facilities.

• Geologic sampling has revealed exceedingly pure samples of silica comprised of 97.7% to 99.3% silica, with iron oxide contents ranging from 0.02% to 0.05%. Majority of prospect is covered with only 2-4 inches of overburden consisting of moss and light soils.

• Underlying the main silica deposit, there is an inferred gold deposit varying from 600-800 feet in depth from the surface.

• AAFFG is General Partner owning 51% of the limited partnership and 40% of net revenues.

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Location of British Columbia and Idaho Silica Sites

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Silica Diverse Uses• Glass (a colorless, high-purity form is called fused silica)

• Silica gel (used as desiccants in new clothes, leather goods, electronics)

• Raw material for ceramics such as earthenware, stoneware and porcelain.

• Raw material for the production of Portland cement.

• Food additive in powdered foods or to absorb water

• Electronic insulator as the natural oxide coating grows on silicon is a electric insulator, possessing high chemical stability.

• Raw material for aerogel for spacecraft, defense.

• Extraction of DNA due to its ability to bind to the nucleic acids.

• Added to medicinal anti-foaming agent

• As hydrated silica in toothpaste (abrasive to fight away plaque.)

• As fumed silica as pharmaceutical excipients. Improving flow properties of materials required for modern tablet and capsule

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Pure Silica Hi-Tech Uses• Solar Panels created from Silicon Wafers

• Optical Components - lenses, prisms, reflectors, mirrors, filters, optical flats.

• Analytical Instruments - UV spectrophotometer cells, fire control devices, reticle substrates,interferometer plates

• Semiconductor Electronic - Microcircuit substrates, microwave devices, photomasks, sputter plates, excimer lasers

• Lasers - beam splitters, brewster windows, medical/industrial systems, Q-switches, UV excimers

• Energy - Laser fusion research, isotope separation, solar cell covers.

• Spacecraft/Aircraft - Docking light covers, windows, re-entry heat shields, ring laser gyros.

• Fiber optics

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Potential Silica Buyers/Partners

• Chemical Manufactures (DuPont, Dow, BASF, Pharmaceuticals)

• Petro-chemical Processors

• Solar Industry

• Electronics Industry

• Glass Industry

• Construction Industry

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Initial Silica - Production and Pricing

• 10,000 metric tons per month mined in Year 1 from each of the 3 North American mines.

Overview of pricing of silica production:

• Raw decorative silica stone = $120 per ton.

• OR crush and grind silica stone into granular silica = $6,000 a ton.

• OR grind granular into powder = $7,500 a ton.

• OR by heat in a refinery furnace into a gel = $6,500 an ounce ($208,000,000 a ton)

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Risk Factors – Silica Production

• No customers to purchase the commodities, inadequate demand.

• Change in Technology

• Environmental, Local Permits

• Production Health Risks – Silicosis

• Delays due to weather, equipment failure, staffing

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Risk Mitigations – Silica Production

• Company actively pursuing silica buyers from diverse industries

• Company plan to ramp up production and refineries as demand and technology evolves

• Company working closely with local and national governments to secure permits and partnerships

• Company outsourcing production to experienced mining producers to reduce injury, equipment misuse, and staff training

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Silica Financial Projections

• 5 Year Net Present Value = $1.3 billion (8% discount rate)

• Based on Investment of $69 million over 14 months

• Investment Recovery (Cumulative Break‑even) in Q3 2009

• Cash Flow Positive Q2 2009 (Peak Cumulative Loss ~ $22 million)

  2008 2009 2010 2011 2012 5 Year

Total Silica Revenue $ 53,100,000 $ 699,840,000 $ 1,465,920,000 $ 2,669,760,000 $ 5,508,000,000 $10,396,620,000

Total Operating Expenses $ 39,825,000 $ 454,896,000 $ 879,552,000 $ 1,468,368,000 $ 2,754,000,000 $ 5,596,641,000

Total Profit $ 13,275,000 $ 244,944,000 $ 586,368,000 $ 1,201,392,000 $ 2,754,000,000 $ 4,799,979,000

Cumulative Total Profit $ 13,275,000 $ 258,219,000 $ 844,587,000 $ 2,045,979,000 $ 4,799,979,000 $ 4,799,979,000

AAFFG Profit $ 5,088,750 $ 93,895,200 $ 224,774,400 $ 460,533,600 $ 1,055,700,000 $ 1,839,991,950

AAFFG Cumulative Profit $ 5,088,750 $ 98,983,950 $ 323,758,350 $ 784,291,950 $ 1,839,991,950 $ 1,839,991,950

AAFFG Total Investment $ 27,000,000 $ 42,000,000 $ - $ - $ - $ 69,000,000

AAFFG Cumulative Investment $ 27,000,000 $ 69,000,000 $ 69,000,000 $ 69,000,000 $ 69,000,000 $ 69,000,000

AAFFG Net Cash Flows $ (21,911,250) $ 51,895,200 $ 224,774,400 $ 460,533,600 $ 1,055,700,000 $ 1,770,991,950

Cumulative Net Cash Flows $ (21,911,250) $ 29,983,950 $ 254,758,350 $ 715,291,950 $ 1,770,991,950 $ 1,770,991,950

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Metals and Mining Overview

• AAFFG receives 40% of gross profit from Appleman LP, Card LP, and Composite Corp JV

• Total Reserve Value > $300 billion

• Appleman LP owns mineral deposits of 50 million tons on 1,280 acres in Colorado

− Value of reserves in 2005 ~ $851 billion, today’s value > $2 trillion

54,300,000 oz. gold 704,700,000 oz. silver 61,100,000 oz. platinum 86,900,000 oz. palladium

− Economic life of mine = 20 years

− 5 Year estimate gross revenue = $13.6 billion

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Card LP Gold Overview

• Card LP includes inferred 7 million ounces of Gold at 600-800 feet (below the Silica)

• Market value of gold reserves ~ $7 billion

• Economic life is 20 years

• 5 Year estimated gross revenue = $803 million

• Initial investment capital = $69 million (included in silica investment)

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Composite Corp JV Overview

Composite Corp JV purchase rights to 4.2 million tons of mineral tailings in Nevada

• Market value of reserves ~ $72 billion

• Quantity of minerals

– 2,727,333 oz. gold (.64 oz/ton)

– 17,898,124 oz. silver (4.2 oz/ton)

– 20,454,998 oz. platinum (4.8 oz/ton)

– 2,045,500 oz. palladium (.48 oz/ton)

– 3,025,635 oz. rhodium (.71 oz/ton)

• Economic life = 12 years, $65 million initial capital investment

• 5 Year estimate gross revenue = $6.5 billion

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Precious Metals Projections

• 5 Year Net Present Value = $2.6 billion (8% discount rate)

• Investment Recovery (Cumulative Break‑even) in Q1 2010

• Based on Investment of $125 million over next 27 months

• Cash Flow Positive Q1 2009 (Peak Cumulative Loss ~ $50 million)

  2008 2009 2010 2011 2012 5 Year Total

Total Metals Revenue $ 45,695,658 $ 1,200,724,583 $ 3,587,259,879 $ 7,099,533,516 $ 8,186,454,796 $ 20,119,668,432

Total Operating Expenses $ 36,556,520 $ 952,675,017 $ 2,421,964,126 $ 3,233,779,880 $ 4,077,465,248 $ 10,722,440,791

Total Profit $ 9,139,138 $ 248,049,566 $ 1,165,295,753 $ 3,787,003,636 $ 4,003,989,548 $ 9,213,477,641

Cumulative Total Profit $ 9,139,138 $ 257,188,704 $ 1,422,484,458 $ 5,209,488,093 $ 9,213,477,641 $ 9,213,477,641

AAFFG Profit $ 3,655,655 $ 99,219,827 $ 466,118,301 $ 1,546,301,454 $ 1,643,595,819 $ 3,758,891,056

AAFFG Cumulative Profit $ 3,655,655 $ 102,875,482 $ 568,993,783 $ 2,115,295,237 $ 3,758,891,056 $ 3,758,891,056

Total Investment $ 54,000,000 $ 56,000,000 $ 15,000,000 $ - $ - $ 125,000,000

Cumulative Investment $ 54,000,000 $ 110,000,000 $ 125,000,000 $ 125,000,000 $ 125,000,000 $ 125,000,000

AAFFG Cash Flows $ (50,344,345) $ 43,219,827 $ 451,118,301 $ 1,546,301,454 $ 1,643,595,819 $ 3,633,891,056

AAFFG Cumulative Cash Flows $ (50,344,345) $ (7,124,518) $ 443,993,783 $ 1,990,295,237 $ 3,633,891,056 $ 3,633,891,056

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Oil Exploration Overview

• AAFFG receives 58% of revenues from wholly owned subsidiary - Aces Oil & Gas

• Aces owns lease claims covering 37,000 acres in Nye County, Nevada

• Reserves of 140 million barrels at shallow depths (~5,500 feet)

• Based on $100 per barrel less 50% for contingency = $7 billion

• Further deep reserves of 1.8 billion barrels (> 12,000 feet) or valuation of $90 billion

• Economic life is 20 years with 60% derived in Years 1-5

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Why Nye County Nevada

• 2 of the largest producing wells in the lower 48 states currently active in Nye County

• Only 24 months expected return on investment from initial strike to explore, develop, and produce the prospect

• Up to 100 wells can be drilled in the area

• Huge upside with the extensive oil at deeper structures and expected large deposits of natural gas

• AAFFG has spent $5 million on satellite, assays, and extensive drill sampling.

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Oil Investment Analysis

• Approximately $56 million required to relocate, establish 20 wells

• Additional $244 million to optimize exploration

• Extensive interest from future buyers including Oil companies and Government entities.

• Demand is assured

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Oil Exploration Financial Projections

All figures in $USD

• 5 Year Net Present Value = $473 million (8% discount rate)

•Investment Recovery (Cumulative Break‑even) in Q1 2010

• Based on Investment of $56 million over next 17 months

• Cash Flow Positive Q2 2009 (Peak Cumulative Loss ~ $22 million)

  2008 2009 2010 2011 2012 5 Year Total

Nye County, Nevada Revenues $ 52,500,000 $ 420,000,000 $ 950,000,000 $ 2,160,000,000 $ 2,580,000,000 $ 6,162,500,000

Nye County, Nevada Expenses $ 42,000,000 $ 336,000,000 $ 760,000,000 $ 1,728,000,000 $ 2,064,000,000 $ 4,930,000,000

Nye County, Nevada Profit $ 10,500,000 $ 84,000,000 $ 190,000,000 $ 432,000,000 $ 516,000,000 $ 1,232,500,000

Total Profit $ 10,500,000 $ 84,000,000 $ 190,000,000 $ 432,000,000 $ 516,000,000 $ 1,232,500,000

Cumulative Total Profit $ 10,500,000 $ 94,500,000 $ 284,500,000 $ 716,500,000 $ 1,232,500,000 $ 1,232,500,000

AAFFG Profit $ 6,090,000 $ 48,720,000 $ 110,200,000 $ 250,560,000 $ 299,280,000 $ 714,850,000

AAFFG Cumulative Profit $ 6,090,000 $ 54,810,000 $ 165,010,000 $ 415,570,000 $ 714,850,000 $ 714,850,000

Total Investment $ 28,000,000 $ 28,000,000 $ - $ - $ - $ 56,000,000

Cumulative Investment $ 28,000,000 $ 56,000,000 $ 56,000,000 $ 56,000,000 $ 56,000,000 $ 56,000,000

AAFFG Cash Flows $(21,910,000) $ 20,720,000 $ 110,200,000 $ 250,560,000 $ 299,280,000 $ 658,850,000

AAFFG Cumulative Cash Flows $(21,910,000) $ (1,190,000) $ 109,010,000 $ 359,570,000 $ 658,850,000 $ 658,850,000

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Investment Opportunities

• Strategic, Equity, Diversified Position in AAFFG Corporation (Parent/Holding Co.)

• Investment in AAFFG LLC Limited Partnerships & Joint Ventures:

− Pure Silica (USA, Canada, China)

− Metals Mining and Tailings (USA)

− Oil Exploration and Drilling (USA)