short summary

VENTURE:
et3.com Inc. holds patented technology enabling the next quantum leap in transportation - less than 2.5 hours New York to Hong Kong. Evacuated Tube Transport (ETT) is a safe, sustainable, system for global travel. With anticipated participation, ETT will replace existing transport methods in less than a generation.
et3.com seeks U.S. and foreign Licensees.

MARKET:
Transportation is the biggest sector in the economy. Annual US transport expenditures exceed 1 trillion dollars (20% of the GNP). The world demand for transport is growing at double the rate of the economy.

ADVANTAGES:
The ETT system exceeds the improvement that the automobile was over horseback. All technologies used by ETT are proven, environmentally benign, and low cost. ETT is sustainable for all the world's population, not just the privileged.

The inclusive license includes use of any ETT technology improvements made by Licensees. The low cost license ($100, plus 6% royalty) promotes open collaboration and expansion with a competitive sub- license clause, and royalty splits.

MANAGEMENT:
et3.com is managed by licensees. Incentive plans promote quality management. As participation expands so do management qualifications.

OPERATIONS:
et3.com has no employees. All et3.com operations are conducted by licensees compensated with et3.com shares, or fee splits. Licensees submit proposals, and bid for et3.com functions according to their skills and assets. Licensees competitively collaborate with other licensees to produce ETT systems. Part of the royalty income is divided among shareholders; part is distributed to licensees according to the relative value of any IP they contribute. The major functions of et3.com are to: Acquire and pool ETT related technology; maintain technical, project, and licensee databases and accounts; enforce license terms; prosecute infringement; and assist sub-licensing efforts.

FINANCIAL PROJECTIONS:
Past market responses to transportation advances indicate the progression to ETT will occur in less than 15 years for a 50% share. The first year U.S. ETT spending potential is $3.62 billion. The world potential is 5 times greater. Just 10% of the U.S. potential results in royalty revenue of:
Year --1 -- -- 2 -- -- 3 -- -- 4 -- -- 5 --
Revenue $22m $67m $136m $231m $352m

NEEDS:
et3.com is self sustaining. Capital requirements are met by royalty and fee payments. Compensatory shares are used to secure key functions in the capital, accounting, legal, environmental, political, management, communications, and engineering fields. Ultimately everyone is a potential Licensee. et3.com needs your expertise. We can and must use our limited resources to build a sustainable, clean, high speed transportation system that will serve the world for many generations.

CONTACT:
Daryl Oster, at
et3.com Inc., PO Box 1423, Crystal River FL 34423-1423; Phone: (352) 795-5415

E-mail Me! et3@et3.com