et3.com Executive Summary
Mission
To provide the world with technology enabling low cost, non polluting, 4 hour transportation between most major cities on earth by the year 2032 using the ETT transport system.

Opportunity
Any company or individual may purchase a nonexclusive license from ETT Technologies (et3.com). The cost of the license is 6% of the accepted participation bid amount, plus an annual fee of $100 per person. The license entitles the licensee to use the ETT technology pool (and any additional related technology that licensees should develop), and to license others for a commission and residual. Licensee may engage in engineering, manufacturing, marketing, or construction of products using ETT technology (subject to restrictions of the license agreement).

Reasons for Success
ETT represents a quantum improvement over current transportation methods. Compared to airline flight at the speed; ETT uses about 1/1000th of the energy. Safety also enjoys a quantum improvement. ETT is environmentally sound. The social and political climate is ripe for ETT. Royalties and fees are very low. The et3.com licensing agreement offers great incentives for industry and government to embrace the ETT system. ETT uses existing technology and manufacturing capacity. The et3.com business system encourages competition, and replacement of existing transport technology with ETT. Companies who participate in the implementation of ETT use their existing
capacity for ETT production. Current transport production will be replaced by ETT. Those companies who reject ETT will face a declining market.

Product.
ETT is a new technology of transport. Depending on the system design parameters used, a speed greater than 2 miles per second is technically feasible. et3.com pools, manages and licenses this technology.

Current Status
The transport of goods and persons is the biggest market in the world ($3.4 trillion in 94). Demand for transportation is projected to increase twice as fast as the world GNP. Now just a seed, et3.com has the potential to revolutionize and dominate the biggest market in the world.

Organization
et3.com is a closely held corporation owned by Daryl Oster, the inventor of ETT. The purpose of et3.com is to facilitate the realization of the mission statement. et3.com maintains databases, and trust accounts for the exclusive benefit of participating licensees. Licensees makeup the et3.com organization as independent entities allied for; the furtherance of the et3.com mission, the mutual benefit of all licensees, and to directly benefit from the results of there own efforts.
et3.com will expand operations on a world wide basis as warranted by the efforts of the licensees. The organizational structure of the differing legal entities required by other governments shall remain as consistent as possible with the intent and mission of et3.com.

Operating Plans
et3.com operations are exclusively related to the furtherance of ETT as the worlds primary transportation system. No activities are engaged in that detract from the goal and mission of et3.com. All activities shall support first the mission, then the participants at large, then the participants individually according to there relative contributions. The sub-license agreement enables a proven, low cost marketing system. Great incentive is provided to sub-license competitors to the system instead of keeping it to ones self. Due to the synergistic effects of the sub-licensing agreement, marketing costs are minimized. The licensees determine how, when and where to conduct their
operations relating to there approved ETT related project, and any sub-licensee recruiting. All licensees benefit in proportion to their efforts, and the efforts of all involved. A powerful, layered sub-license incentive plan encourages competition, cooperation, and enterprise.
et3.com maintains a technology database, a project database, a participant database, and a licensee database. Projects are proposed, voted on, bid on and approved by licensed participants. All licensees vote on proposed ETT projects in proportion to there relative participation in approved ETT projects. Voting is weighted according to the relative percentage of value of the project, technology or services contributed by the licensed participant.
et3.com has no employees, all operations and licensing efforts are conducted by licensees acting in the capacity of independent contractors. All licensees are sponsored by a current licensee, who in turn was sponsored by another and so on. Subject to the terms of a licensing agreement, licensees receive sales commissions, royalties and overrides from all licensees sponsored by them or there sub-licensees to 10 generations. Conversely, a portion of the fees and royalties paid by a licensee are paid to all eligible sponsors that the licensee is subject to up to ten tiers senior to the licensee.

Financial Needs
The only financial needs et3.com has is the payment of licensing fees and royalties by licensees. et3.com is now, and shall remain debt free. All operations are self supporting and by design require no financing. All overhead, technology, goods, services, are contributed by licensees participating in ETT projects. All ETT projects are proposed by et3.com licensees. 50% of the fees are placed in a trust fund, the fund can only be used for ETT projects approved by greater than 50% of the participation value of the participants and greater than 50% of et3.com owners. All contributed technology and funds are for use by approved and eligible licensed ETT participants only. The remaining 50% of the of the annual fees are disbursed to the sponsoring hierarchy of licensees. Each successive eligible sponsor receives one tenth, up to ten sponsoring tiers senior. If the sponsor is ineligible the amount ($5) is placed in a bonus fund to be used as incentive for exceptional sub-licensing performance.
Collectively, the eligible licensed participants receive 45% of the royalty income stream.. This portion is divided according to the relative accepted participation value of the licensee. 45% of the royalty is paid to the project trust fund until the total participation value shall exceed one trillion dollars, after this amount is reached the amount paid to the project fund (45%) is paid to the owners of et3.com. 1% of the royalty is paid to each eligible sponsor up to 10 generations. To minimize overhead no disbursement is made for less than $100, or more often than quarterly.

Mission and Vision
et3.com's mission is to provide the world with technology enabling low cost, non polluting, 4 hour transportation between any major cities by the year 2032 using the ETT transport system.Humans are by nature mobile, increase a persons mobility and you increase their power to accomplish. Transportation advances chronicle the history of human kind: Domestication of the horse, shoes, the wheel, canals and barges, the roman road, the Viking boat, the sailing ship, the locomotive, the steam ship, the motor car, the airplane, the jetliner, the rocket. With every transportation advance comes a jump in the standard of living. ETT is human kind’s future. ETT technology is so revolutionary that it compares to the improvement the steam locomotive was over horse and wagon. Or the airplane over the train or ship. Imagine the world of the future with a fully mature ETT transportation system;
* Every home, business and public building has access to 15 min. travel to any other location in the local area, 30 min. to any location in the state, 2 hr.. to any location in the country, and 4 hours to any location in the world.
* Travel when and where you want at any time, no schedules to check.
* Blizzards, hurricanes, and ice storms never slow down the ETT.
* The Air in any city is fresh, clean and clear.
* The cost to travel is only twice what is costs to make a long distance phone call.
* Accidental traffic death and property loss is 1/10th what it is now.
* Reduced demand for petroleum, results in a wide variety of low cost plastics.
* Place an order for Exotic fruits, clothing, or bicycle, and have it delivered that day.
* Market to anyone in the world, transportation cost is no longer a barrier.
* New York to Washington DC in 10 min.
* A few still ride horses or motorcycles, fly airplanes or race boats for entertainment..
* Noise levels are dramatically less.
* Less vigilance necessary to avoid being run over by a car.
It sounds like a fairy tail but it is not. In less than a generation the automobile replaced the horse, the telephone replaced the telegraph, electricity replaced the kerosene lamp, and the computer replaced the typewriter. Many of us remember black and white television and witnessed the first moon walk. Some people always cling to the old, but most of us welcome clearly superior ways. A new age is dawning. ETT will spark a renaissance in human creativity and potential exceeding any previous. With cheap fast reliable transportation available, the worlds petroleum recourses can be used for other more lasting endeavors. Cleaner, faster, safer, cheaper, enduring for generations, ETT is the future of transportation.
Initially and perhaps as soon as the year 2000 a few ETT routes between major cities will be in operation. Cargo transport represents lower risks, first use is likely non life support systems. Local and long distance expansion will take place together. Soon after, all new development will include standardized ETT door to door service. Next international routes will be developed. ETT will dramatically aid the development of the dormant third world.

Product and Service
et3.com pools, manages, and licenses any technologies relating to ETT. The license agreement provides for the payment of an annual licensing fee of $100. Royalties of 6% are collected on the agreed value of any ETT project. The licensee is entitled to; use all ETT technology, sub-license others under identical terms, receive fee and royalty splits as qualified, propose ETT projects, bid on ETT projects, participate in ETT projects subject to bid acceptance, vote on ETT projects according to participation percentage. The licensee agrees to only conduct ETT related business with other licensees. The licensee assigns all contributed technologies to et3.com for use by any and all et3.com licensees for the consideration of one dollar and a royalty split proportional to the percentage of participation. In addition to the above consideration the participant receives access to disclosure of all participating technologies, services and goods relating to the development and or production of ETT. The participant receives the limited right to grant like sub-licenses subject to the same terms
and conditions. The participant shares in proportion to there completed participation 45% of all collected ETT royalties. The participant is entitled to a commission and royalty overrides on any ETT licenses they sponsor according to and subject to conditions set forth in the marketing plan. The participant is entitled to further commission and royalty overrides on the commissions and royalties to those that there sponsored participants may generate according to and subject to conditions set forth in the marketing plan.

Target Customers
Ultimately every person in the world is a potential ETT user. Initial customers are any person or company that desires to utilize or further the development of ETT. Any and all services, goods and technology that has a legitimate and legal relation to ETT development, production, promotion, management or use, is a potential licensee of et3.com. Initially et3.com will have sole responsibility for licensing key participants. when a predetermined critical mass of key participants marketing will become the opportunity of the key licensees.
The key participants are as follows.
* Management / leader .
* Engineering and standards.
* Book keeping and records.
* Legal and compliance.
* Communications
* Accounting and financial
* Political lobby
* Marketing / sales
* Materials suppliers
* Manufactures / Construction
* Forgin Patent

The Market
The transportation market is the worlds cash cow. The transport of goods and persons is the biggest market in the world ($3.4 trillion in 94). Demand for transportation is projected to increase twice as fast as the gross world product (GWP). Transportation related expenditures are about 12% of the GWP. In the U.S. it is over 20% of the gross national product ($996 billion in 1992)Classic transportation technology has developed to a high degree. Much of the worlds recourses are used by this sector of the economy. ETT enables dramatic improvements to ecology, efficiency, safety, and speed of transportation technology.

Energy requirements of classic transport methods:
Cars consumes vast quantities of fuel Only a small percentage of the fuel that a plane, train, ship, or car uses is actually used to accelerate the vehicle. None of this energy is recovered when deceleration takes place, it is dissipated in the form of heat and sound as the speed is reduced. Pipelines used to transport water, gas, oil and sewage require pressure to move the fluid through the pipe. For a given fluid and pipe there is a maximum amount of fluid that can be moved through the pipe by pumping. If the maximum is exceeded the pipe bursts. Electrical power production in the united states is about 200 billion dollars per year. Only 30 to 40 percent of the energy in fuel consumed in electricity production is usable, the rest is waste heat. Electric energy is transported by high voltage underground or elevated conductors. A portion of the energy is lost during transport unless superconductors are used.

Safety of classic transport:
The automobile is extensively used in day to day life of much of the population of developed countries. Automobile accidents account for the majority of accidental deaths of all persons in the U.S. below the age of 75 and is the leading cause of death of people from the age 15 to 45. In the U.S. 1992 there were 31.8 million motor vehicle accidents, 39,200 died and 5.4 million were injured. Of the deaths only 10.8% were non collision, 44.6% involved another motor vehicle, 16.7% a pedestrian, 27.9% a fixed object. There where 592 railway deaths, 120 airline deaths, 812 general aviation deaths, 816 recreational boating deaths, 85 commercial water deaths. The death rate per billion miles is 18 for motor vehicle, 1.3 airline, 50 for general aviation, 1.1 for train. The per billion mile death rates are slowly declining due to increasing safety measures. It is interesting to note the per billion mile death rate for type of road: 12 urban, 26 rural, 9 interstate (6 urban, 12 rural) and 20 non interstate (14 urban, 30 rural)
Terrorist favor aircraft as a target to hijack because of the number of captive hostages. An airplane can be directed to a new destination thus providing an ideal getaway vehicle. The automobile is often the target of criminal hijacking due to minimal security on roads and the ability to elude detection and apprehension.

Speed of classic transport:
The current typical speeds of travel for different methods are as follows: walking 4 MPH, Horse 8 MPH, bicycle 12 MPH, ship 30 MPH, motor vehicle 75 MPH, high speed train 200 MPH, general aviation 200 MPH, airline 600 MPH, super sonic transport 1700 MPH, space craft 18000 MPH. The speed potential of most types of travel is less than indicated because of safety needs,
delays, lack of continuous service, and weather conditions.

Cost of classic transport:
Total US transportation outlays for 1992 amounted to $996 billion. Freeway cost is approximately $2.5 million to $10 million per mile. The cost of a major airport is over a billion dollars. The greater the capacity of a vehicle the greater the likely hood that the full capacity cannot be fully used. If a airplane or ship is scheduled but only 1/3 full, it must honor the commitment or cancel the service, either loosing money or upsetting customers. The total economic loss due to accidents in '92 was 98.1 billion dollars. Theft and vandalism represents a large percentage of the cost of transportation losses. Planned obsolescence wastes a tremendous amount of materials. Even
if the materials are recycled, the energy required to recycle is wasted if the item could have been made of a durable nature to start with. There is much room for improvement involving classic transport, however major rethinking is required if great gains are desired.

Ecology of classic transport:
One of the biggest costs of our current transportation systems is the cost to the environment. The environmental impact is a cost that is difficult to quantify, but it is clear that the automobile is a leading cause of air pollution. The burning of fossil fuels can and does cause air conditions that kill people. Worn out cars, tires, batteries, belts, and hoses are piled up for future generations to have to clean up. Waste lubricants are often just dumped onto the ground. Storm water runoff from roads and parking lots is a leading cause of pollution of rivers and streams. 2% of the U.S. land mass is paved, by the year 2020 it will be 4%. Oil spills resulting from tanker accidents cause long term negative impact to marine and coastal habitat. Many scientists say that cfcs released from automotive air conditioners are causing damage to our ozone layer, letting in harmful radiation. Highways often create a barrier to the normal, daily, and seasonal movement of animals. Traffic noise causes wildlife to move out of otherwise suitable habitat. Much wildlife is killed on roads and
highways, the rotting carcasses are a unsightly health hazard.

Competitive Analysis.
The main competition for ETT is from current mature transport methods namely; automotive, aircraft, train, and ship. ETT exploits the advantages of the listed prior art technologies, while mitigating many of the disadvantages of current transportation methods. ETT virtually eliminates: the major causes of accidents, aerodynamic limitations, pollution, vulnerability to the elements, schedules, flammable fuels, resource waste, energy waste, noise, operator skill requirements, wild life barriers, hijacking's, theft, and excessive environmental damage.
ETT addresses transport needs by unique combinations of known technologies. The ETT system solves many problems associated with classic transport . ETT verses classic transport offers: I) greatly increased speed for a given cost or safety level. II) Drastically reduced
cost and increased safety for a given speed.
Technical Challenges faced by ETT are mainly economic or related to travel at ultra high speed. High initial capital requirements with long amortization periods. Over capacity is required to meet peak demand. The speed potential is limited by economic considerations over difficult topography. At hyper velocities any malfunction could cause destruction because of high energy content systems. The challenges faced are small considering the gains available.
Advantages of ETT over traditional transportation methods are many; safe, efficient, fast, convenient, durable, quiet, and clean are the main advantages.

Safety: Potential for destruction varies as the square of velocity and linearly with mass, thus for a given speed the object with lighter mass is the safer. The ETT system minimizes weight in motion, thus safety is greater. ETT Enables hyper velocities, hence more potential for destruction exists due to that velocity. For a given speed and distances ETT is the safest method of travel. The major causes of accidents of classic transport have been either eliminated or drastically reduced by ETT.

Efficiency: ETT is the most cost efficient method of travel between two points on earth for traffic volume over 12000 vehicles per day and distances over 10 miles. At a given speed the energy usage is the absolute lowest possible. The operating life is much longer and wear and tear much less than other forms of transportation hence longer amortization is possible. The individual key technologies needed for the implementation of the system are already in use and well proven. The ETT does not rely on super conductor technology, however even greater speed, capacity and efficiency are possible when superconductors become cost effective. ETT can use energy that can be derived from renewable sources. Most of the materials used are low cost and can be recycled. Existing manufacturing capacity and methods can be used lowering cost. Few moving parts to wear out. Many identical parts results in economies of production. Speed: ETT is the fastest possible method of travel between two points on earth greater than 2 miles apart (unless star trek becomes a reality). It is estimated that top speeds of 6-8 km/sec. are possible with ETT technology.

Other advantages: ETT is ideally suited to non polluting energy sources like; wind turbine, solar, hydroelectric, extremely long useful life. The ETT is quiet, and if renewable, non fossil electricity is used the ETT is non polluting yielding lower environmental costs. ETT can be used to transport energy, thus reducing the need for electric power transmission lines. ETT can transport fluids at much greater efficiency than a pipeline, water, sewer, gas, and oil can all be transported by ETT, drastically reducing the need for pipelines. The impact to the environment is minimal compared to a road that animals can't cross without danger. Minimal storm water runoff impact. Continuous non intermittent operation possible. No scheduling required. Not dependent on good weather. No storm delays. Travel from any city, to any city on earth within 4 hours (after the system is built). No license required. No training required. No fueling required. No advance booking or ticket needed. Pay as you go or purchase advance token cards usable any time. Could use travel imbalances to transport waste, power or water. Much less toxic waste generated. It has been determined that ETT can be used to cut existing power generation losses in half or better by unique application of proven thermodynamic principals.

R&D
Any additional research and development is carried out by licensed participants. Incentive to participate in R&D is provided by gain (royalty income) as a result of utilization of the participants contribution, the reward is directly proportional to the benefit of the development and the degree of it's utilization by other participants. R&D contributors share in the royalties collected by et3.com in proportion to the size of their contribution, and willingness to share that contribution with other participants. The value of R&D services is insured by a competitive bid process for needed R&D. If a licensed , prospective R&D participant wishes to provide services, or technology that is not out for bid (not in demand) it will be accepted at the declared value, provided that; a review and evaluation fee of 1%, and the royalty of 6% is paid in advance, and a majority vote of participants or majority of owners accept the technology. The 1% evaluation fee is divided among the owners and participants in the same manner as a royalty, it is not refunded if the technology is not accepted.

Manufacturing and Operations
et3.com dose not engage in manufacture. The operations of et3.com relate to the furtherance of ETT as the world wide transportation method of choice. et3.com operations relate primarily to the consolidation, organization, management and licensing of technology related to the ETT system. Any company desiring to produce products for ETT use must be licensed by et3.com, any and all suppliers must be licensed as well as service providers. et3.com is fully staffed by key participants, no salaries are paid. All participants are compensated for there contribution strictly by the fruits of there own effort. Any other remuneration received is in proportion to the risk taken (early licensees take greater risk therefore achieve greater rewards from residuals from those whom the technology was shared with) and the collective contribution and cooperation of the participants.
Many companies engaged in the manufacturing of goods relating to the transportation industry have capacity and resources that are under utilized. The pledge of this unused capacity (at current market value) for the manufacture of corresponding items relating to ETT production is only to the benefit of the manufacture. Incentive to provide this excessive capacity at a low price is enhanced by a bidding process. et3.com serves as a clearing house for excessive manufacturing capacity and bids to utilize that capacity. As development and production proceed this capacity will be needed by others, et3.com facilitates the matching of these needs with capacities to fulfill the needs. As transportation industry demand shifts to ETT utilization and production, companies can maintain production by competitively offering that capacity to meet ETT demand.

Marketing
All marketing is conducted by licensees, acting in the capacity of independent contractors. Licensees participating in marketing may develop there own marketing strategies, and materials consistent with stated et3.com policies. All marketing plans, materials, and sales aids must be approved by et3.com prior to use. The licensee may use any et3.com approved marketing materials and sales aids. Sales aids may be sold or purchased, subject to a royalty of 6%.

Sales
Sales of the licensing agreement is conducted exclusively by licensees. Licensing requests directed to et3.com will be accepted only if the licensing agreement is properly done and a active licensee is listed as a sponsor. A U.S. dollar bill serial number is used as the license number. The right hand half of the portrait side is attached to the application along with the $100 fee. The other half of the dollar is retained by the licensee. et3.com reserves the right to reject any license application

Risks
Any novel business proposition with the prospect of gain caries elements of risk. In most cases the higher the potential reward the higher the risks involved. The prudent individual knows the risk factors associated with there own business. The risk factors listed are some of the risk factors that are related to the ETT technology and et3.com. It is impossible to foresee and identify all risk factors, the following list discloses only a fraction of the possible risks, it is only a reminder to the prospective participant to conduct there own due diligence. It is imperative that the prospective licensee realize that half of the licensing fee, is paid out to the participants in the form of a sales concession. Fees and royalties paid are not refundable. This protects the best interests of the participants at large. An et3.com participant eager to write a licensing agreement may knowingly or unknowingly make false statements to induce a prospect to participate in the ETT licensing agreement. If a court of law should determine that a participant is entitled to a refund or other damages, no guarantee can be made that et3.com or the sponsor would have sufficient assets to effect a recovery.
The risks inherent to ETT are similar to any other emerging technology in the seed phase. While every effort is underway to protect the technology with a patent or patents, patent issuance cannot be guaranteed. If a patent or patents are obtained there can be no guarantee that it will be enforceable or defensible against existing or future technologies. If the technology is determined to not warrant a patent by the patent and trademark office, any license to use the technology would be reduced in value. To date no patents have been issued, thus no protection can be offered to licensees, as anyone is free to use ETT technology without payment of fee or royalty, until the
issuance of a patent protecting the technology. Should a patent or patents be issued, et3.com will make reasonable effort to prosecute infringers, and seek any damages under patent law. If infringement occurs et3.com may not be successful at recovering damages. et3.com may not have access to sufficient recourses to prosecute infringement. Unchallenged infringement may reduce the value of a participants license. et3.com is under no obligation to defend technology that a participant may contribute. If it is in the best interests of all participants to defend the technology contributed by one et3.com participants may vote to defend. Uncollectable royalties could diminish et3.com’s ability to provide access to the most current technologies.
The ETT system has not been built or tested. No guarantees of functionality can bemade. A potential licensee must exercise there own due diligence in assessing the technical merits and feasibility of the system. Technology progresses at an accelerating rate, there can be no guarantee that new technology won't make ETT obsolete, thereby reducing the value of an ETT license. The cost of developing ETT may be to high to warrant investment sufficient to achieve a critical mass of participation to achieve success. et3.com is seriously under capitalized compared to giants in the transportation industry. Threatened companies may use vastly superior resources to suppress or restrict ETT development.
Considering the current trend of product liability settlements, the possibility of a law suit is very real. et3.com has and will continue to take precautions to insulate against possible litigation as a result of injury or liability caused by negligence or oversight. There can be no guarantee that et3.com will not be sued, and if sued no guarantee of limits of damages can be made. et3.com currently has no product liability insurance to protect against losses of this type. et3.com is currently under no litigation nor the threat of litigation. If litigation or judgment occurs et3.com may be unable to remain solvent, thus reducing the value of a license.
It is important to realize that any royalties, evaluation fees, or the $100 annual licensing fees paid are not refundable and the total amount may be considered a total loss due to many factors, foreseeable or unforeseeable. A prospective licensee should not purchase a licensee if the total loss of value of the license would result in a financial hardship, gross material loss, or diminishment of lifestyle.

Financing
et3.com is financed exclusively by licensing fees, and royalties. There is no need for outside financing.All projects are financed by the participant who successfully bids on a given project. The paid royalty entitles the participant to share in the collective success of all participants proportional to there investment. A management fee ( not to exceed 5%) just sufficient to cover reasonable costs is taken from the annual licensing fees paid. et3.com shall always remain debt free.

Conclusion, Ramification, and scope
The E. T. Transport (ETT) system is a method of transport that can and will revolutionize the world. Fast, clean, efficient, affordable transportation is desired by nearly everyone on the planet. ETT represents a quantum leap in transportation like the airplane did less than 100 years ago. Many possibilities For the implementation for this transport are possible within the scope of ETT. Prevalent usage of ETT is virtualy assured because of the quantum leap in efficiency, safety, and ecology of the system. Initially use will be restricted along established, major routs of travel. Eventually all major travel routs will be served with ETT service. As communities are planned the system can be put in place for local or even residential service. It is possible to have high speed continuous service to almost any desired location. When motor vehicles are eventually replaced, unused local streets could be used for pedestrian traffic or recreational activities. Eventually, as this method is adopted every home and business will be served with ETT.The ETT can take the place of high tension power lines for the transport of electricity, and water and sewer pipes.
The time is ripe to act on the greatest opportunity to improve the lifestyle of everyone in the world. The licensing agreement allows anyone and everyone to get involved to any extent desired. The rewards will be greatest to those who take the risk to be the leaders into this new frontier. As ETT development occurs competition will be fierce among those who waited to license the technology.
The shift to ETT utilization could easily take place in a generation or less; witness the telephone, electrical power, running water, central sewers, gas pipes, air transport etc., All have happened within the lives of our grandparents. Lets use the limited fuel that we now have to construct a durable, safe, fast, clean transportation system that will serve many generations.