Brian & Rick,

Thank you again for your time today. As mentioned on our call, please find attached a breakdown of
    (A) Total Capital Investment in Equipment to Begin Production ($3,008,947); comprised of:

  1.
Amount remaining on original equipment invoice ($449,471)
  2.
Additional machinery & operational equipment ($1,930,465)
  3.
Shipping expenses & commissioning labor ($629,011)

    (B) Total Capital Request for the building ($3,561,931); comprised of:

  1.
Amount due upon signing for the new building to secure the lease ($806,931)
  2.
Building & site modifications needed to upgrade facility to meet Foreign Trade Zone (FTZ) Requirements ($2,755,000)

With a total estimated capital infusion of $6,570,878($3,008,947 of Equipment + $3,561,931 to secure the building and make FTZ required site modifications); we will have sufficient funding to quickly execute on and accomplish all of our near-term objectives required to expedite our operational readiness and begin receiving customer deposits within 45-90 days from today.

Please let me know if you have any questions. I will be circling back around over the next couple days with the remaining diligence items requested from our call as available.

Respectfully,



Jarrett Brownfield

Partner I Chief Financial Officer

Lithium Battery Company

Direct: (812) 552-6854

Jarrett@<mailto:Jarrett.brownfield@trackmastermobility.com>lithiumbatterycompany.com<mailto:Jarrett.brownfield@trackmastermobility.com>

Lithium Battery Company<https://lithiumbatterycompany.com/>
