INITIAL CAPITAL AGREEMENT
99.2
Shinwa Yosetsu and Amanasu Environment Corporation have entered into an
agreement under the following conditions;
1. Establishment of facilities to manufacture plants of water
purification system and/or sea water desalination system and opening the
market in various countries in Asia, including Japan. Amanasu Environment
Corporation will fund $100,000 to establish a new company in order to
conduct the project efficiently.
2. Shinwa Yosetsu will provide equipment and machines necessary for
producing the products for the new company.
3. Establishment of the new company is to be executed in March of 2005.
4. In regards to subjects that are not attended to on this Agreement or
any misunderstanding of provisions on this Agreement, Shinwa Yosetsu and
Amanasu shall faithfully discuss and determine a solution for such matters.
March 8, 2005
Yoshiyuki Suzuki Shinwa Yosetsu
President 000-0 Xxxxxxx-xxxx Xxxxx
Xxxx-Xxx, Xxxxx, Xxxxx
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Xxxxxxx Xxxx Amanasu Environment Corporation
President 000 0xx Xxxxxx, 00xx xxxxx
Xxxxxxx, XX 00000, XXX
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