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From: John Melk <jmelk06@yahoo.com>
Mime-Version: 1.0 (1.0)
Subject: {COMMENTS}. Re: "mass balance" related information update timeline is unrealistic
Date: Thu, 21 Oct 2021 06:40:42 -0700
Message-Id: <6AFF7FB3-EA0E-42AB-8588-2A856584C1D8@yahoo.com>
References: <00aa01d7c5f4$87cead40$976c07c0$@keitu.com>
Cc: directory <directory@aicenergycorp.com>,
 "Kris Keller, P.E." <kkeller@keitu.com>, Fred Chen <fred.chen9@yahoo.com>,
 Bob Chen <bchen@aicenergycorp.com>, John Lee <jlee@aicenergycorp.com>,
 Roger Grimes <rgrimes@aicenergycorp.com>, Phillip <pstack@keitu.com>
In-Reply-To: <00aa01d7c5f4$87cead40$976c07c0$@keitu.com>
To: Kathleen Spilman <kspilman@keitu.com>
X-Mailer: iPad Mail (18H17)
Content-Length: 14303
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	charset=utf-8
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KATHYE, WITH AN =E2=80=9CE=E2=80=9D,

GREAT JOB KATHYE N YOUR COMMENTS AS A =E2=80=9CHEADS UP=E2=80=9D!
OBVIOUSLY, WE DON=E2=80=99T NEED TO DIGEST ALL 1200 PLUS PAGES, AFTER ALL, H=
ALDOR TOPSOE IS THE FINAL RESPONSIBLE PARTY FOR THEIR DESIGNS, & ETC. =20

KRIS DID =E2=80=9COUTSTANDING=E2=80=9D ON HIS 5% GUESSTIMATE=20



Most Respectfully,


John F. Melk
President/CEO

Phone: 702.685.1118 =20
Direct:  702.508.1909
Email:Jmelk06@yahoo.com
=20
2840 S. Jones Blvd. Ste 1
Las Vegas, NV 89146
=20
www.aicenergycorp.com =20
=20


> On Oct 20, 2021, at 1:53 PM, Kathleen Spilman <kspilman@keitu.com> wrote:
>=20
> =EF=BB=BF
> Please, I need to offer some perspective=E2=80=A6.
> =20
> I do not believe that it is realistic to expect that my staff can go throu=
gh over 1200 pages / 290 MB of data that constitute the mass and energy bala=
nce (that was so big that Roger had to bring a thumb drive with it to our of=
fices only this past Monday) and develop case specific utility and feedstock=
 specific data for 9 or more specific phases of operation in 48 hours and ge=
t updated numbers back to you for contract negotiations this week and update=
d financials.
> =20
> Not to mention that we did not receive the process flow diagrams from Hald=
or Topsoe for the most important case i.e. 100% jet operation (which Kris al=
ready took care of requesting =E2=80=93 we will have apparently tomorrow)
> =20
> If it is of any comfort =E2=80=93 of the two items Kris and Phil have chec=
ked, Kris=E2=80=99 ballpark estimate of the utilities for the SMR have been o=
ff by less than 5%
> =20
> Feel free to call and discuss with me.  I will still be in the office for t=
he next 90 minutes.  We are working hard to resend to you as much as we can o=
f the data, contracts, paperwork, reports etc. that has been requested of me=
 or my staff in the last 24 hours to you from our files.
> =20
> Kathye
> =20
> From: directory <directory@aicenergycorp.com>=20
> Sent: Wednesday, October 20, 2021 12:58 PM
> To: Phillip <pstack@keitu.com>
> Cc: 'Kathleen M Spilman' <kspilman@keitu.com>; 'Kris Keller, P.E.' <kkelle=
r@keitu.com>; directory@aicenergycorp.com; Fred Chen <fred.chen9@yahoo.com>;=
 Bob Chen <bchen@aicenergycorp.com>; John Lee <jlee@aicenergycorp.com>; My J=
ohn Melk <jmelk06@yahoo.com>; 'Roger Grimes' <rgrimes@aicenergycorp.com>
> Subject: Re: Questions about Trenton 2+2 Financial Assumptions
> =20
> Phillip
> Not now ,We can make a one-time modification after the "mass balance" rela=
ted information is updated.
> =20
> Thank you=20
> Snow=20
> =20
> From: Phillip <pstack@keitu.com>
> Sent: Tuesday, October 19, 2021 3:27 PM
> To: directory@aicenergycorp.com
> Cc: 'Kathleen M Spilman'; 'Kris Keller, P.E.'
> Subject: Questions about Trenton 2+2 Financial Assumptions
> =20
> Hi Snow,
> =20
> For the financials for Trenton 2+2 that I am preparing, do you want me to k=
eep the assumption that Trenton 1 will start up in May 2023 and Trenton 2+2 w=
ill start up in January 2024?  Or should I use different startup dates?
> =20
> Additionally, do you want me to update the money spent-to-date in the fina=
ncials?
> =20
> Please let me know if you want me to address any of these assumptions in t=
he upcoming financials.
> =20
> Thank you,
> Phillip Stack
> =20

--Apple-Mail-EE87B6B1-788F-4790-A147-8982D9D9C1D7
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<html><head><meta http-equiv=3D"content-type" content=3D"text/html; charset=3D=
utf-8"></head><body dir=3D"auto"><b>KATHYE, WITH AN =E2=80=9CE=E2=80=9D,</b>=
<div><b><br></b></div><div><b>GREAT JOB KATHYE N YOUR COMMENTS AS A =E2=80=9C=
HEADS UP=E2=80=9D!</b></div><div><b>OBVIOUSLY, WE DON=E2=80=99T NEED TO DIGE=
ST ALL 1200 PLUS PAGES, AFTER ALL<font color=3D"#ff4215">, HALDOR TOPSOE IS T=
HE FINAL RESPONSIBLE PARTY FOR THEIR DESIGNS, &amp; ETC. &nbsp;</font></b></=
div><div><b><br></b></div><div><b>KRIS DID =E2=80=9COUTSTANDING=E2=80=9D ON H=
IS 5% GUESSTIMATE&nbsp;</b></div><div><b><br></b></div><div><b><br></b><br><=
div dir=3D"ltr"><p class=3D"ydp1e8aedayiv2859416412MsoNormal"><span style=3D=
"background-color: rgba(255, 255, 255, 0); font-size: 28pt;">Most Respectful=
ly,</span></p><table class=3D"MsoTableGrid" border=3D"0" cellspacing=3D"0" c=
ellpadding=3D"0" width=3D"384" style=3D"font-family: UICTFontTextStyleTallBo=
dy; width: 4in; border-collapse: collapse; border: none;"><tbody><tr style=3D=
"height: 63.4pt;"><td width=3D"195" valign=3D"top" style=3D"width: 146pt; bo=
rder-style: none solid none none; border-right-width: 1pt; border-right-colo=
r: windowtext; padding: 0in 5.4pt; height: 63.4pt;"><p class=3D"MsoNormal" s=
tyle=3D"margin: 0in;"></p><p class=3D"MsoNormal" style=3D"margin: 0in;"><br>=
</p></td><td width=3D"189" valign=3D"top" style=3D"width: 142pt; border: non=
e; padding: 0in 5.4pt; height: 63.4pt;"><p class=3D"MsoNormal" style=3D"marg=
in: 0in;"><font face=3D"UICTFontTextStyleBody"><span style=3D"background-col=
or: rgba(255, 255, 255, 0);"><b>John F. Melk</b></span></font></p><p class=3D=
"MsoNormal" style=3D"margin: 0in;"><font face=3D"UICTFontTextStyleBody">Pres=
ident/CEO</font></p><p class=3D"MsoNormal" style=3D"margin: 0in;"><font face=
=3D"UICTFontTextStyleBody"><span style=3D"background-color: rgba(255, 255, 2=
55, 0);"><br></span></font></p><p class=3D"MsoNormal" style=3D"margin: 0in;"=
><font face=3D"UICTFontTextStyleBody"><span style=3D"background-color: rgba(=
255, 255, 255, 0);"><b><span lang=3D"FR">Phone</span></b><span lang=3D"FR">:=
&nbsp;</span><span lang=3D"FR"><span dir=3D"ltr">702.685.1118</span>&nbsp;&n=
bsp;</span><o:p></o:p></span></font></p><p class=3D"MsoNormal" style=3D"marg=
in: 0in;"><font face=3D"UICTFontTextStyleBody"><span style=3D"background-col=
or: rgba(255, 255, 255, 0);"><b><span lang=3D"FR">Direct:&nbsp;&nbsp;</span>=
</b><span lang=3D"FR"><span dir=3D"ltr">702.508.1909</span></span><o:p></o:p=
></span></font></p><p class=3D"MsoNormal" style=3D"margin: 0in;"><font face=3D=
"UICTFontTextStyleBody"><span style=3D"background-color: rgba(255, 255, 255,=
 0);"><b><span lang=3D"FR">Email</span></b><span lang=3D"FR">:</span></span>=
</font><span style=3D"background-color: rgba(255, 255, 255, 0); font-family:=
 UICTFontTextStyleBody; font-size: 28pt;">Jmelk06</span><a href=3D"mailto:jw=
ilson@aicenergycorp.com" style=3D"background-color: rgba(255, 255, 255, 0); f=
ont-family: UICTFontTextStyleBody; font-size: 28pt;">@</a><span style=3D"bac=
kground-color: rgba(255, 255, 255, 0); font-family: UICTFontTextStyleBody; f=
ont-size: 28pt;">yahoo.com</span></p><p class=3D"MsoNormal" style=3D"margin:=
 0in;"><font face=3D"UICTFontTextStyleBody"><span style=3D"background-color:=
 rgba(255, 255, 255, 0);"><b><span lang=3D"FR">&nbsp;</span></b><o:p></o:p><=
/span></font></p><p class=3D"MsoNormal" style=3D"margin: 0in;"><font face=3D=
"UICTFontTextStyleBody"><span style=3D"background-color: rgba(255, 255, 255,=
 0);"><span dir=3D"ltr">2840 S. Jones Blvd. Ste 1</span><o:p></o:p></span></=
font></p><p class=3D"MsoNormal" style=3D"margin: 0in;"><font face=3D"UICTFon=
tTextStyleBody"><span style=3D"background-color: rgba(255, 255, 255, 0);"><s=
pan dir=3D"ltr">Las Vegas, NV 89146</span><o:p></o:p></span></font></p><p cl=
ass=3D"MsoNormal" style=3D"margin: 0in;"><font face=3D"UICTFontTextStyleBody=
"><span style=3D"background-color: rgba(255, 255, 255, 0);"><b>&nbsp;</b><o:=
p></o:p></span></font></p><p class=3D"MsoNormal" style=3D"margin: 0in;"><fon=
t face=3D"UICTFontTextStyleBody"><span style=3D"background-color: rgba(255, 2=
55, 255, 0);"><b><a href=3D"http://www.aicenergycorp.com/">www.aicenergycorp=
.com</a></b>&nbsp;&nbsp;<o:p></o:p></span></font></p><p class=3D"MsoNormal" s=
tyle=3D"margin: 0in;"><font face=3D"UICTFontTextStyleBody"><span style=3D"ba=
ckground-color: rgba(255, 255, 255, 0);">&nbsp;<o:p></o:p></span></font></p>=
<div><span style=3D"font-size: 8pt;"><br></span></div></td></tr></tbody></ta=
ble></div><div dir=3D"ltr"><br><blockquote type=3D"cite">On Oct 20, 2021, at=
 1:53 PM, Kathleen Spilman &lt;kspilman@keitu.com&gt; wrote:<br><br></blockq=
uote></div><blockquote type=3D"cite"><div dir=3D"ltr">=EF=BB=BF<meta http-eq=
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</o:shapelayout></xml><![endif]--><div class=3D"WordSection1"><p class=3D"Ms=
oNormal">Please, I need to offer some perspective=E2=80=A6.<o:p></o:p></p><p=
 class=3D"MsoNormal"><o:p>&nbsp;</o:p></p><p class=3D"MsoNormal">I do not be=
lieve that it is realistic to expect that my staff can go through over 1200 p=
ages / 290 MB of data that constitute the mass and energy balance (that was s=
o big that Roger had to bring a thumb drive with it to our offices only this=
 past Monday) and develop case specific utility and feedstock specific data f=
or 9 or more specific phases of operation in 48 hours and get updated number=
s back to you for contract negotiations this week and updated financials.<o:=
p></o:p></p><p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p><p class=3D"MsoNorma=
l">Not to mention that we did not receive the process flow diagrams from Hal=
dor Topsoe for the most important case i.e. 100% jet operation (which Kris a=
lready took care of requesting =E2=80=93 we will have apparently tomorrow)<o=
:p></o:p></p><p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p><p class=3D"MsoNorm=
al">If it is of any comfort =E2=80=93 of the two items Kris and Phil have ch=
ecked, Kris=E2=80=99 ballpark estimate of the utilities for the SMR have bee=
n off by less than 5%<o:p></o:p></p><p class=3D"MsoNormal"><o:p>&nbsp;</o:p>=
</p><p class=3D"MsoNormal">Feel free to call and discuss with me.&nbsp; I wi=
ll still be in the office for the next 90 minutes.&nbsp; We are working hard=
 to resend to you as much as we can of the data, contracts, paperwork, repor=
ts etc. that has been requested of me or my staff in the last 24 hours to yo=
u from our files.<o:p></o:p></p><p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p>=
<p class=3D"MsoNormal">Kathye<o:p></o:p></p><p class=3D"MsoNormal"><o:p>&nbs=
p;</o:p></p><div><div style=3D"border:none;border-top:solid #E1E1E1 1.0pt;pa=
dding:3.0pt 0in 0in 0in"><p class=3D"MsoNormal"><b>From:</b> directory &lt;d=
irectory@aicenergycorp.com&gt; <br><b>Sent:</b> Wednesday, October 20, 2021 1=
2:58 PM<br><b>To:</b> Phillip &lt;pstack@keitu.com&gt;<br><b>Cc:</b> 'Kathle=
en M Spilman' &lt;kspilman@keitu.com&gt;; 'Kris Keller, P.E.' &lt;kkeller@ke=
itu.com&gt;; directory@aicenergycorp.com; Fred Chen &lt;fred.chen9@yahoo.com=
&gt;; Bob Chen &lt;bchen@aicenergycorp.com&gt;; John Lee &lt;jlee@aicenergyc=
orp.com&gt;; My John Melk &lt;jmelk06@yahoo.com&gt;; 'Roger Grimes' &lt;rgri=
mes@aicenergycorp.com&gt;<br><b>Subject:</b> Re: Questions about Trenton 2+2=
 Financial Assumptions<o:p></o:p></p></div></div><p class=3D"MsoNormal"><o:p=
>&nbsp;</o:p></p><div><div><div><div><p class=3D"MsoNormal">Phillip<o:p></o:=
p></p></div><div><p class=3D"MsoNormal">Not now ,We can make a one-time modi=
fication after the "mass balance" related information is updated.<o:p></o:p>=
</p></div><div id=3D"ms-outlook-mobile-signature"><div><p class=3D"MsoNormal=
"><o:p>&nbsp;</o:p></p></div><p class=3D"MsoNormal">Thank you&nbsp;<o:p></o:=
p></p></div><div id=3D"ms-outlook-mobile-signature"><p class=3D"MsoNormal">S=
now&nbsp;<o:p></o:p></p></div></div><div><p class=3D"MsoNormal">&nbsp;<o:p><=
/o:p></p></div><div class=3D"MsoNormal" align=3D"center" style=3D"text-align=
:center"><hr size=3D"2" width=3D"98%" align=3D"center"></div><div id=3D"divR=
plyFwdMsg"><p class=3D"MsoNormal"><b>From:</b> Phillip &lt;<a href=3D"mailto=
:pstack@keitu.com">pstack@keitu.com</a>&gt;<br><b>Sent:</b> Tuesday, October=
 19, 2021 3:27 PM<br><b>To:</b> <a href=3D"mailto:directory@aicenergycorp.co=
m">directory@aicenergycorp.com</a><br><b>Cc:</b> 'Kathleen M Spilman'; 'Kris=
 Keller, P.E.'<br><b>Subject:</b> Questions about Trenton 2+2 Financial Assu=
mptions<o:p></o:p></p><div><p class=3D"MsoNormal">&nbsp;<o:p></o:p></p></div=
></div><p class=3D"MsoNormal">Hi Snow,<o:p></o:p></p><p class=3D"MsoNormal">=
&nbsp;<o:p></o:p></p><p class=3D"MsoNormal">For the financials for Trenton 2=
+2 that I am preparing, do you want me to keep the assumption that Trenton 1=
 will start up in May 2023 and Trenton 2+2 will start up in January 2024?&nb=
sp; Or should I use different startup dates?<o:p></o:p></p><p class=3D"MsoNo=
rmal">&nbsp;<o:p></o:p></p><p class=3D"MsoNormal">Additionally, do you want m=
e to update the money spent-to-date in the financials?<o:p></o:p></p><p clas=
s=3D"MsoNormal">&nbsp;<o:p></o:p></p><p class=3D"MsoNormal">Please let me kn=
ow if you want me to address any of these assumptions in the upcoming financ=
ials.<o:p></o:p></p><p class=3D"MsoNormal">&nbsp;<o:p></o:p></p><p class=3D"=
MsoNormal">Thank you,<o:p></o:p></p><p class=3D"MsoNormal">Phillip Stack<o:p=
></o:p></p><p class=3D"MsoNormal">&nbsp;<o:p></o:p></p></div></div></div></d=
iv></blockquote></div></body></html>=

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