OFFER TO PURCHASEOffer to Purchase • July 13th, 2001 • Hyaton Organics Inc • Agricultural chemicals • Nevada
XSEL owns or controls 100% of the shares of a private company called Sunspring, Inc. (Sunspring.) Sunspring is incorporated in the state of Nevada and was formed to specifically produce bulk potable water using solar energy and sea or brackish water. The target is to produce potable water for less than $0.50 (US) per 1,000 gals ($0.125 / m2) The assets of Sunspring are certain intellectual property rights including either patents or patents-pending or exclusive global license to use the patents. The assets include existing proof-of-theory prototypes and miscellaneous equipment and technology located at Sunspring's office/lab in Los Alamos, New Mexico.
