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<br />Project 08-06-02603 co..'t <br /> <br />Phase Two: 30-45 days <br /> <br />With prime potential crops identified, objective becomes that of <br />production and processing. During this phase we hope to determine: <br /> <br />A) Crops producing greatest returns <br />B) Type of processing necessary <br />C) Where the market for these crops lie <br />D) Type and availability of equipment <br />E) Size of facility necessary <br />F) Number of Jobs directly associated <br />G) Determine environmental impact <br /> <br />Phase Three: 30-45 days <br /> <br />At this point item one and three are complete. Item five, six and <br />six A are in progress and objective for period is to complete item <br />two. With the aforementioned areas complete, it is now time to <br />locate a producer and market for the proposed products. During <br />this phase we also may initiate the financial inquiry areas in <br />lieu of capital funding and additional possible sources ie; government <br />assistance programs. <br /> <br />Note: Exact breakdown of work schedule not possible to identify <br />at this point, without having documentation from phase one <br />and two. <br /> <br />Phase Four <br /> <br />60-90 days <br /> <br />Phase four shall integrate all aforegoing information with item 1,2, <br />3,4,5, 6,6A complete, we have support documentation to proceed and <br />complete research items 7,8,9,10. <br /> <br />(Note: Through phase four's duration may be up to 90 days, monthly <br />progress reports shall be maintained) <br /> <br />Our estimate for this project is $48,000. Creek Industries has <br />spent approximately $8,700 on this area to date on in house studies. <br /> <br />Sincerely, <br />);-;tJ~~ --?Z~ <br />Parker Nielsen <br />Vice President <br />