Please see our website at BSSLCO.COM. Business Plan is available.

Executive Summary

The Company

Bright Star Scientific, LLC (Bright Star) has bridged the gap and gone the extra mile between major oil company processing and feedstock supplies with its advanced, ultra-compact, integrated, highly versatile, “plug and play” Modular Processing Systems.

Bright Star’s Modular Processing Systems have many benefits and features:

1. A huge competitive and cash generating asset opportunity,

2. Provides protection from inflation,

3. A huge potential growth opportunity,

4. Approximately 8 + times lower CAPEX per processed barrel,

5. Approximately 10 + times higher EBITDA per processed barrel,

6. Higher catalytic cracking expandable capacity with a smaller footprint and cost,

7. Easy and quick conversion of a wide range of no cost/ low-cost biomass and petroleum feedstocks into high value products,

8. Easy to construct and commission within only 3 to 4 months vs. a typical of 23 months or more,

9. Little to no air quality permitting,

10. Easily transported by truck transport and 40-foot shipping container on a worldwide basis,

11. Easy and rapid capacity expansion opportunity,

12. Designed for continuous operation for 25 years to 35 years or more,

13. Easy to operate with safe and efficient design,

14. Low operating costs and maintenance costs,

15. Low-cost expandability of the systems into group or clusters.

16. Rapid payback in a few months.

Project Description

Through Bright Star, a timely opportunity exists to capture significant profit points in Roosevelt, Utah to convert an initial 300 barrels per day up to 10,800 barrel per day of plentiful, low-cost Black Waxy Crude Oil into high margin products such as VM&P Naphtha, Mineral Spirits, Kerosene, Mineral Oil, Paraffin Wax and related products (Diamonds). Black waxy crude oil has been traditionally used to produce lower value gasoline and diesel (Gravel).

Remarkably, each Processing Skid System is only the size of a “Ford F150 Pick Up Truck” with advanced Catalytic Cracking, Sulfur Removal, Metals Removal, Atmospheric Distillation, Vacuum Distillation, and related systems.

Economics

The projected EBITDA is between approximately $20 million and up to $750 million at full capacity.

Processing Capacity

The Processing Capacity will range from between an initial 4.5 million gallons per year to 163 million gallons per year.

CAPEX Requirement for the new Facility

Approximately $1.6 million

Supply

Crude oil is plentiful. The Uinta Basin is projected to produce a of surplus approximately 5 billion gallons of crude oil per year for transport to Gulf Coast refineries. (See: Colorado Sun – July 11,2022 and Map of Uinta Basin Oilfield)

Off-take

· High value slate of refined products of VM&P Naphtha, Mineral Spirits, Kerosene, Mineral Oil, Paraffin Wax and related products,

· Key Off-take customers are available both domestically and internationally,

· Attractive Market with high margin products for qualified customers.

My company is offering a unique opportunity to invest in our new, net zero 10,800 barrels per day facility in Roosevelt, Utah to convert very plentiful, low-cost Waxy Crude Oil to High Margin products such as Mineral Spirits, Mineral Oil and Paraffin Wax (Non-Fuels) with a projected EBITDA from about $600 million to $750 million. Previously, I was the General Manager of an earlier approximately 10,000 BPD Waxy Crude to Fuels plant in Roosevelt, Utah during my 40 years + energy career.

We have already built and successfully operated our initial 300 barrels per day advanced processing system, which is only the size of a “pickup truck” in Texas. We planning to add seven addition 1,500 BPD processing skid systems for a total 10,800 BPD of capacity with a total CAPEX under $50 million from cashflow. We also tested our 300 BPD processing system successfully on variety of crude oils and lube oils. The construction to commission time is about 3 months to 4 months.

Our deal is simple for a $2.2 million investment to be paid back from cashflow for 100% return on investment in about 3 to 4 months, plus a 30% preferred return and a 50% ownership of the Special Purpose Vehicle of the initial EDITDA of over $20 million. My company will operate the facility in Utah. Expansion is to follow.