Insurance-Linked Capitalization Arbitrage Program (iCAP) www.iCapVentures.com

iCAP Ventures, LLC 8001 Irvine Center Drive Suite 400 Irvine, CA 92618 (949) 754-4260

Structured Finance Notes & Bonds

       Information in this presentation is subject to change without notice All calculations and timeframes are approximations.

Ratings are by Standard & Poor and/or Moody’s and/or A.M. Best The information herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any state in which such offer, solicitation or sale is not authorized. An offering is made solely by the prospectus to accredited investors. The reader of this information is advised to consult an attorney and perform adequate due diligence before making any decisions.

Minimum Loan Amount $5M – Max Loan Amount $100M (smaller projects will require combining with others to equal a total of $100M – multiple structured notes per project are feasible). We participate in up to 20% of Equity Capital is disbursed in tranches per schedule, with semi-annual audits

Qualifications & Requirements

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Project/Venture must meet some or all of these requirements to apply with iCAP:

 Purpose – Creates or advances new &/or green technology, jobs, industry, real estate (limited new construction), film, for-profit humanitarian, others may be considered on their merits and business model  Profit Potential – Project must be able to pay minimum of 10% per year of original loan amount, year 3 - 10 (quarterly starting 27 th month).

 Management – Project/venture sponsors must be seasoned and experienced in their business sector.

 Proof of Funds – $5,000 per $1M of required capitalization, for underwriting, legal, due diligence and processing of loan application.

Application must contain:

    Business Executive Summary Business Plan – Project details, Mgmnt., market & intellectual properties Ten year Pro forma / Use of Funds / Disbursement Schedule Client/borrower/issuer information sheet & proof of funds

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Process, Approval & Use of Funds

Submit Application and Required Client/Borrower Deliverables iCAP Due Diligence and Pre-approval or Non-approval If Letter of Pre-approval Issued with Preliminary Term Sheet, Initial Underwriting Deposit Required for Loan Processing Repackaging, Legal, Underwriting, Beneficial Loan Agreement, Collateral Note Reservation, Account Established, Final Term Sheet Issued Estimates of Initial Items to be Paid from Underwriting Deposit:         LS Aggregation Retainer Introducing Managing Director Legal (PPM, Loan Agreements, etc.) LE Risk Analysis Professional Fund Admin (PFA) Retainer TPA, Trustee, Custodian Services Setup $ 100,000 $ 50,000 $ 75,000 $ 75,000 $ 25,000 $ 30,000 Issuing Agent – Private Investment Bank (IPIB) $ 145,000 TOTAL $ 500,000

Timeline & Loan/Note Processing Cycle

$72,500 Issuing Agent & IPIB Fees $25,000 Legal Costs Est. Timeline weeks 14 - 18 Est. Timeline 19 to 26 weeks Excess funds released to Project per Disbursement Schedule iCAP

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Investor/Lender Partners

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Collateral Guarantees

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Project & Provides TPA

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Secures Institutional Arranges A-Rated Lends Net Proceeds to Retains % of Equity Example $100M Loan $80M Net Proceeds

START

iCAP receives & approves Project(s) BP, Pro forma and Application $75,000 LE Risk Analysis $30,000 TPA, Trustee Custodian Services Setup Funds released for acquisition of Insurance-Linked Collateral and A-Rated reinsurance binder Est. Timeline weeks 7-13 Reserve Account Established for Interest, Premium Payments & Maint. Fees First 2-Yrs Principal is pre-paid. Project pays 10% of Gross Loan Amount yrs 3 – 10 to equal total Principal repayment only Project underwritten & attached to Insurance-Linked Asset Collateral Identified & reinsurance Committed $100,000 LS Aggregation Retainer $25,000 Legal Costs iCAP secures Funding from Partner Institutional Investor/lender $72,500 Private Inv. Bank $25,000 PFA Retainer Timeline Starts Establish Project Account – costs to be expensed as incurred weeks 0 to 6 per # of projects required Est. Underwriting Costs: $25,000 Legal Retainer $50,000 Introducing MD

iCAP Funding Process & Basic Structure

$350M Syndication of Institutional Investors/Lender s 3.5:1 Returns Par & 5% Coupon Per Maturity Events Invests into iCV Invests in Side Fund Securitization $150M Cost for Life Settlement Collateral Securitization of $1B 10:1 Equity Participation Re-pays Principal in 10-Yr Term $100M Pre Approved Client Projects Loans $100M in Funds Equity Participation iCap Ventures Refills Reserve Per Maturity Events Administers Reserve per Requirements $100M Reserve Account pays Premiums, QIB Coupon Syndication Costs Associated Maint.

The Insurance Linked Arbitrage, which creates loan funds to qualifying ventures – capital which is isolated and unrelated (directly) to the Institutional Investor(s) Par & IRR.

Borrower Benefits

           100% Loans Possible No Collateral Requirements Possible No Personal Recourse or Guarantees Principal Repayment Only* First 2 Yrs Interest Pre-paid (no additional due until 27 th month) Borrower Retains at least 80% of Equity Most Sectors Considered in Free-World Smaller Loans Considered if Combined with Other Project Funding Low Entry Cost ($5K per Million)** Application Approval to Funding 120 to 180 Days Pre-approval Process in 7 to 10 Business Days * The cost of .5% for Underwriting and 3% Borrower to Broker Commission = 3.5% Points of loan costs ** Underwriting deposit 100% refundable if iCV fails to fund, not refundable if client fails to continue

Summary & Contact

      Funding Limits - $5M - $100M 120-180 day process $5K per $1M Initial Underwriting Cost 1 Requirements:  Viable Project/Experienced Management   st 2-yrs Principal pre-paid & Prin. only payments yrs 3-10 Executive Summary/Business Plan 10 Yr Pro forma / Use of Funds / Disbursement Plan   Client Application Proof of Funds Up to 20% Equity Contact: iCAP Ventures, LLC 8001 Irvine Center Drive, Suite 400 Irvine, CA 92618 (949) 754-4260 Jim Nash - [email protected] Dan Somers - [email protected]