WASTE-TO-ENERGY Information Memerandum DT 12 Apr, 2020

Information Memorandum WASTE-TO-ENERGY
INFORMATION
MEMORANDUM
The Opening Date of this IM is 12 April 2020 at 9am ESDT
and the Closing Date will be 12 July 2020 at 5pm ESDT,
unless fully subscribed earlier.
Страница 1 из 42
Disclaimer
The information contained in this Information Memorandum is being provided to the
recipient solely for the purpose of evaluating an investment in project WASTE-TO-
ENERGY.
The Information Memorandum is being provided for information purposes only, to

enable the Company to have discussions with persons or corporations which fall within
the investor categories under section 708 of the Corporations Act 2001 – “Offers That
Do Not Need Disclosure”. Offers covered by this section include an offering of
securities made
• To sophisticated investors (Section 708(8));

• Through a Financial Services licensee (Section 708(10));
• To professional investors (section 708(11)); or
• To people associated with ADGEX Ltd (Section 708(12)).
The information included in this Information Memorandum does not purport to be all-
inclusive or complete.
In consideration of ADGEX providing this Information Memorandum to the recipient,

the recipient acknowledges that the contents of this Information Memorandum are
confidential to the Company and the recipient agrees not to disclose, distribute or
permit to be communicated verbally, directly or indirectly or otherwise, or to otherwise
publish the contents of this Information Memorandum except with the prior written
consent of the Company. For the purposes of this acknowledgement “recipient”
includes, without limitation, any principal, director, officer, shareholder, employee or
agent of the recipient.
Any reproduction or distribution of this Information Memorandum, in whole or in part,

or any disclosure of its contents, or use of any information contained in this Information
Memorandum for any purpose other than to evaluate an investment in the Company,
is prohibited.
This Information Memorandum is dated 12 April 2020 and has been issued and
prepared by ADGEX Ltd based on the information available to it at the time of
preparation of this Information Memorandum. The information contained in this
Information Memorandum or subsequently provided to the recipient whether orally or
in writing by, or on behalf of the Company or any of their respective related bodies
corporate or any of their respective directors, officers, employees, agents,
representatives and advisers (“Parties”) is provided to the recipient on the terms and
conditions set out in this notice.
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This Information Memorandum provides a summary of the main features of the

Company. It has been prepared without taking into account any investor’s objectives,
financial situation or needs. Investors should read the Information Memorandum
carefully and assess whether the information is appropriate for them in respect of their
objectives, financial situation and needs, and seek professional advice, if necessary.
This Information Memorandum does not purport to contain all the information that a
prospective investor may require. In all cases, interested parties should conduct their
own investigation and analysis of the Company and the data contained in this
Information Memorandum.
TO THE FULL EXTENT PERMITTED BY LAW:
(a) no representation or warranty (express or implied) is given; and

(b) no responsibility or liability (including in negligence) is accepted, by the Parties as
to the truth, accuracy or completeness of any statement, opinion, forecast, information
or other matter (whether express or implied) contained in this Information
Memorandum or its attachments or as to any other matter concerning them.
TO THE FULL EXTENT PERMITTED BY LAW, NO RESPONSIBILITY OR LIABILITY

(INCLUDING IN NEGLIGENCE) IS ACCEPTED BY THE PARTIES:
(a) for or in connection with any act or omission, directly or indirectly in reliance upon;
and
(b) for any cost, expense, loss or other liability, directly or indirectly, arising from, or in
connection with, any omission from or defects in, or any failure to correct any
information, in this Information Memorandum or any other communication (oral or
written) about or concerning them, or the issue of securities in the Company.
The delivery of this Information Memorandum does not under any circumstances imply
that the affairs or prospects of the Company or any information affecting it have been
fully or correctly stated in this Information Memorandum or have not changed since the
date of this Information Memorandum or since the date at which the information is
expressed to be applicable. No responsibility or liability (including in negligence) is
assumed by the Parties for updating any such information or to inform the recipient of
any new information of which the Parties may become aware.
The ADGEX makes no representation about the underlying value of the securities on
offer. Prospective investors must make their own assessment about whether the price
of the securities being offered represents fair value.
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CONTENT
DEAL SUMMARY........................................................................................................ 6
1. PROJECT INITIATOR .......................................................................................... 6

1.1. About ADGEX Company ................................................................................ 6
1.2. Investment Proposal ...................................................................................... 9
1.3. IM Offer Period ............................................................................................. 10
1.4. SustainableMe - Brand Recognition Program .............................................. 10
2. PROJECT INITIATOR ........................................................................................ 12

2.1. WASTE-TO-ENERGY - the Introduction ...................................................... 12
2.2. Current Status of Project .............................................................................. 13
2.2.1. The Uniqueness of GreenBLAZE .......................................................... 13
2.2.2. The Uniqueness of EnergyBRICK ......................................................... 14
2.2.3. New Waste & Energy Management System .......................................... 15
2.3. Project Monetization ..................................................................................... 16
2.4. TECHNOLOGIES OVERVIEW .................................................................... 17
2.4.1. GreenBLAZE Technology Overview ...................................................... 17
2.4.2. EnergyBRICK Technology Overview ..................................................... 19
3. MARKETING PLAN ............................................................................................ 23

3.1. Market Analysis ............................................................................................ 23
3.2. Competitive Eco Environment ...................................................................... 24
3.3. Offer of Unique Value ................................................................................... 25
3.3.1. Advantages of EnergyBRICK ................................................................ 26
3.3.2. Advantages of GreenBLAZE ................................................................. 26
3.4. Marketing Strategy & Objective Goals ......................................................... 27
3.4.1. Strategic Goals ...................................................................................... 27
3.4.2. Marketing Goals .................................................................................... 27
3.4.3. Operational Goals .................................................................................. 27
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4. FINANCIAL PLAN............................................................................................... 28
4.1. Stages of the Project .................................................................................... 28
4.2. Investment Efficiency ................................................................................... 29
4.3. Income and Expenses of Future Periods ..................................................... 29
4.4. Accounting Policies & Financial Controls ..................................................... 31
4.5. Dividend Policy............................................................................................. 32
4.6. Exit Strategy ................................................................................................. 33
5. RISK ANALYSIS ................................................................................................. 34

5.1. Technical Risks ............................................................................................ 34
5.2. Financial Risks ............................................................................................. 35
5.3. Commercial Risks ........................................................................................ 35
5.4. Competitive Analysis .................................................................................... 35
5.5. Intellectual Property & Core Technical Stuff ................................................. 36
5.6. Environmental and Regulatory Issues.......................................................... 37
6. TEAM.................................................................................................................. 37
7. LEGAL INFORMATION ...................................................................................... 39

7.1. Legal Jurisdiction ......................................................................................... 40
7.2. Financial Reporting to Shareholders ............................................................ 40
7.3. Corporate Governance / Continuous Disclosure .......................................... 40
7.4. Directors Declaration .................................................................................... 41
CONCLUSION .......................................................................................................... 42
CONTACTS .............................................................................................................. 42
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DEAL SUMMARY
Project: WASTE-TO-ENERGY
Project Initiator: ADGEX Limited (ABN 61 156 556 035)
Subject: Raising USD $ 100.0 million for the purposes of

launching and successful implementation of the
Project
This Information Memorandum (‘IM’) is dated 12 April 2020 and is issued by

ADGEX Limited, and supersedes any prior information memorandum or
marketing materials given prior to this IM to the extent of any inconsistency.
If you receive this IM electronically, ADGEX Limited will provide you with a paper
copy, if requested.
1. PROJECT INITIATOR
1.1. About ADGEX Company
ADGEX LIMITED (hereinafter referred to as the “ADGEX”) is a modern high-
tech company, developing life-changing technological solutions. ADGEX forms
altogether new social ecosystem, breaking the patterns that modern
technologies destroy wildlife and the environment. Introducing its progressive
intellectual projects, ADGEX creates a prosperous, safe and green world for all
future generations.
Company type: Australian Public Company, Limited by Share
Australian Company Number: 156 556 035
Registration date: 29/03/2012
Locality of registered office: The GAP, QLD 4061, Australia
Business Portfolio: ADGEX is a business integrator of top-notch

technologies and unique market solutions. The
company provides a wide range of exclusive
turnkey infrastructure solutions of any size and
complexity, meeting the highest operational and
ecological standards.
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BUSINESS OBJECTIVES
Capitalization of ADGEX and generation of high income are based on the

successful implementation of our tailored strategy in a highly effective manner.
We treat each of oшur clients individually and know how to provide the best
solution ever. We make our profit from providing special conditions for all our
clients rather than setting a high price for our goods and services. We put the
customer needs first and deliver our leading-edge solution with maximum results
and the best quality.
SOCIAL BUSINESS ROLE
ADGEX undertakes a critical social mission. Our technologies and solutions are
environmentally responsible and safe. All of them are aimed to rejuvenate the
Planet's ecology and preserve our nature pristine. We create a sustainable
future for the next generations to come. We integrate our technologies into a
single sustainable platform, where each technological component becomes an
integral part of a shared network, bringing new benefits and living standards to
all people on Earth!
KEY ACHIEVEMENTS
During its operation, the company's management raised more than $ 8 million
in authorized capital through the sale of ordinary voting shares by closed
subscription. This investment was spent on creating the first market products:
from the stage of scientific and technical ideas to experimental, pilot-series and
industrial designs.
ADGEX capabilities are a unique combination of the most advanced
fundamental knowledge in science and material engineering, own scientific
school and applied experimental base implemented through a constant seeking
of new technological solutions and approbation of new technologies. All these
factors allow ADGEX to cultivate unique technologies and trade secrets,
premised on the modern breakthrough solutions.
Currently, ADGEX's business portfolio contains a total of 7 unique technologies,
each of which is at least equal to the potential of the WASTE-TO-ENERGY
Project in terms of potential, demand and profitability.
The competitive strength of our products is ensured by everlasting technological
upgrade and release of new-generation products through the introduction of the
newest engineering ideas and integration of all our cutting-edge solutions with
each other.
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TARGET MARKETS & DOMAINS OF INTEREST
Having its scientific school, ADGEX constantly develops and introduces key
exponential technologies to create fundamentally new advanced solutions in the
next field:
WASTE TO ENERGY CONVERSION
● Mobile processors greenBLAZE for conversion of all type of organic waste
and carbon-contained materials into electric energy.
● Utilization of waste from livestock and poultry farming, agriculture,
woodworking, water utilities, oil refineries, etc.
RENEWABLE ALTERNATIVE ENERGY:

● High-effective backup energy storages energyBRICK for residential and
industrial needs.
● Power-efficient traction and stand-by batteries energyBRICK for all types
of electric vehicles.
● Green Energy Distribution.
● Self-contained life support systems.
WATER CONDITIONING AND PURIFICATION:

● Sewage water treatment.
● Water purification (drinking, technical and special-purpose water).
INTELLECTUAL MICROELECTRONICS - VITIM

● New architecture for electronics based on vacuum hardware components.
● Smart Advanced Artificial Intelligence.
● Synthesis of ultra-prefect crystals.
TRANSPORT SOLUTIONS
● Autonomous elevated rail system UPRAIL for all-weather operation.
● Electric motors for e-vehicles and energy recovery systems.
LISTING ON STOCK A EXCHANGES
ADGEX purpose is to secure sustainable and steady growth of the Company's

value, keeping a high stock quote through of liquid payment for highly-sought
ADGEX's technologies, projects and products. In 2020, ADGEX will introduce
the following ready-made products and technologies to the global consumer
market: greenBLAZE, energyBRICK, Hydrosor, and VITIM.
In early 2021, ADGEX intends to get listed on one of the leading stock markets.
The company plans to decide on the choice of an exchange platform at the end
of 2020 after the end of the stock market recession.
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1.2. Investment Proposal
ADGEX company presents the WASTE-TO-ENERGY Project to the investor/s.

This Project includes 2 necessary technologies of the company: greenBLAZE &
energyBREAK. The first technology is a modern technology for processing any
organic waste. The second project is energyBRICK alkaline batteries, which will
accumulate energy generated by greenBLAZE installations and deliver it to
consumer networks.
Investment of USD $100.0 million is entirely sufficient to launch the WASTE-TO-
ENERGY Project. The Investment Proposal is to attract USD $ 100 million by
two possible options for potential Investors:
1 Option - Equity Stake in JV Company
Acquisition of 35% of equity stake in a newly established JV Company in the

Russian Federation (hereinafter referred to as the "JV Company"), amounting
to USD $100,000,000.
JV Company will be specially established and registered within 3 (three) months
from the date of the present Proposal to implement and commercialize the
WASTE-TO-ENERGY Project, based on the technologies greenBLAZE and
energyBRICK under the exclusive, perpetual license, granted by the ADGEX.
ADGEX undertakes to exclusively license and transfer all intellectual property
rights, pertinent to greenBLAZE and energyBRICK technologies to JV Company
to implement the Project.
JV Company will be the only company to run Project in the Russian Federation
and CIS Countries. Exclusiveness of the license allows JV Company to design,
manufacture and upgrade greenBLAZE processors & energyBRICK
accumulators and all related equipment and aggregates for these technologies
for Project commercialization.
2 Option - Equity Stake in ADGEX Company
Acquisition of 10% of equity stake in ADGEX, amounting to USD $100,000,000.

An Offer for 95,800,000 Shares in ADGEX Limited at the issue price of AUD
$1.70 per Share to raise USD $100.0 Mil. (the accepted exchange rate for IM is
1 AUD = 0.614 USD). All shares offered to the investor for purchase will be
newly issued ordinary shares and will not have any encumbrances.
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1.3. IM Offer Period
The Opening Date of this IM is 12 April 2020 at 9 am ESDT. The Closing Date
will be 12 July 2020 at 5 pm ESDT, unless fully subscribed earlier. The above
data is indicative and subject to change. ADGEX reserves the right to change
the dates and times of the IM without notice, whether fully subscribed or not.
ADGEX also reserves the right to extend the closing date for applications
without prior notice.
Prospective investors are encouraged to submit a Share Application Form as
early as possible. The Directors of ADGEX reserve the right to accept any
Application in full, accept any lesser number of Shares, or decline any
Application.
1.4. SustainableMe - Brand Recognition Program
ADGEX is one of a few world leaders who delivers new progressive products,
changing usual customers' stereotypes and creating a new world pattern.
ADGEX scientists strive for sustainable technological solutions, aimed at
keeping our planet clean and healthy for decades to come.
To create the brand "ADGEX" and its recognition around the world, the
management of ADGEX company has developed an original solution.
Together with the launch of the WASTE-TO-ENERGY Project, ADGEX
announces the launch of another environmental project "Saving the world's
oceans and clearing them of plastic".
The environmental situation in the world's oceans associated with plastic
garbage Islands has become critical and catastrophic. According to the UN, up
to 8 million tons of plastic are dumped into the ocean every year. The size of
plastic "Islands" is approaching the size of continents. The critical problem of
pollution of the world's oceans is that plastic does not completely decompose,
but under the influence of ultraviolet light and seawater, it breaks down in the
water into macro, micro and nano fractions of plastic, which fill the world's basin.
Nanoparticles of undissolved plastic have already penetrated even into artesian
springs. And every seafood lover eats more than 12,000 micro plastic particles
per year along with seafood.
Until today, no company in the world has been able to offer a real solution to the
problem. Purification of marine waters by catching plastic leads to accumulation
of this plastic on land. Replacing plastic with eco-plastic or paper entails other
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environmental problems. Meanwhile, plastic production in the world continues

to proliferate, and the situation threatens a complete disaster for humanity.
In recent years, ADGEX has focused on innovative solutions to our planet's
environmental problems. It is the global mission of all ADGEX activities. And a
separate place was given to solving the problems of plastic Islands in the ocean
and complete recycling of plastic (in all its types and fractions) directly in the
ocean.
The following technologies are designed to completely purify the waters of the
world's oceans from plastic:
1. Mechanical filtration is the removal of particles up to 100 microns from
water.
2. Ultrafiltration is the removal of particles up to 1 micron from water.
3. Cribrol is the removal of microparticles less than 1 micron from water
4. Photolytic ozonation is the removal of dissolved organic matter from water
and the saturation of water with oxygen.
5. greenBLAZE-technology for processing any organic carbon-containing
materials into electricity and methanol.
An environmental project to clean the world's oceans of plastic was

named "SutainableMe".
It is an innovative way to attract the attention of the world community to the

problem of ecology and ocean pollution. As part of the project, it is planned to
conduct a charity collection of necessary investments in the form of donations
for equipping the first tanker ship, which will house the entire basic set of ADGEX
technologies for removing and extracting plastic particles dissolved in water and
other debris in the ocean. Then all the collected garbage will be processed into
an effective liquid commercial product, in particular, methanol, the sale of which
can be organized directly from the tanker. Methanol is one of the most popular
products on the market of the global chemical industry. The profits will be used
to create a fleet of similar ships – medics of the oceans and seas, as well as for
charity.
Thus, ADGEX is going to be world-renowned and recognizable by the end of
2020. This factor will undoubtedly lead to a potential increase in interest in the
company's products, namely WASTE-TO-ENERGY project technologies and
the formation of a steady growing demand for greenBLAZE and energyBRICK
products. Besides, we are confident in creating a tremendous informational
occasion before ADGEX's listing and the continually growing trend in the
company's share price on the stock exchange.
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2. PROJECT INITIATOR
2.1. WASTE-TO-ENERGY - the Introduction
One of the most daunting issues facing the world is the mounting waste problem,
which impairs public health, pollutes the environment and threatens to drown
some poor countries in toxicity. More than half the world's population does not
have access to regular trash collection, a grim statistic given the amount of
garbage produced globally. Each year, nations generate 2 billion tons of waste.
That's expected to soar to 4 billion tons by 2100.
Metric tons of Solid Waste generated each day (in thousands)
ollution runs into rivers and seeps into groundwater. The atmosphere can be
poisoned by the toxic discharge from the trash. When waste is not collected, the
frequency of illness doubles and acute respiratory infection — linked to the
burning of waste — is six times higher. There is no end in sight to this trend.
Project Video Presentation
Our Project Video Presentation at the following link:

https://www.youtube.com/watch?v=Q1q7A6cOYrA&feature=youtu.be
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2.2. Current Status of Project

WASTE-TO-ENERGY is a signature solution for green and self-contained
conversion of all organic waste into electric power and heat with further
distribution of the generated electricity to end customers using traditional power
line transmission & modes of transport. The solution is based on two innovative
technologies: energyBRICK & greenBLAZE - technologies that have no
analogues in the world.
Both technologies have been thoroughly tested to a ready-made market
product. The company has carried out all the necessary tests of the final
products, including tests for strength and destruction, and has fulfilled all the
technical conditions and technological maps by the legislation of the Russian
Federation. EnergyBRICK & greenBLAZE is fully ready for mass production.
2.2.1. The Uniqueness of GreenBLAZE

A universal mobile multifunctional processor without an open fire, operated
under high-temperature vacuum destruction method.
ENVIRONMENTAL SAFETY
Due to design features and temperature conditions, the greenBLAZE process is

not based on the process of burning as all modern Waste to Energy
technologies.
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Instead, the greenBLAZE processor decomposes the feedstock to the molecular

level, destroying toxic substances that pollute the environment and inflict
damage to people and wildlife.
MOBILITY
The processor occupies

the area of 25 m2 and can
be installed on all movable
platforms such as trucks,
vessels, or railway.
SELF-CONTAINED OPERATION
GreenBLAZE requires NO connection to external power sources.
UNIVERSALITY
GreenBLAZE does NOT require preliminary waste sorting for MSW process.
EFFICIENCY
GreenBLAZE efficiency exceeds 95%.
2.2.2. The Uniqueness of EnergyBRICK

EnergyBRICK is a capable backup power source for improvement of grid
reliability and integration of renewable energy. Modular ready-to-go units
energyBRICK are delivered directly to the operation site and immediately
available for operation with no setup and labour intensive heavyweight works.
Such an approach makes it possible to
combine any number of the "bricks"
into powerful energy storage facilities
to optimize a power management
system and avert power blackouts and
outages.
EnergyBRICK is breaking new
ground in electric power
transmission as it creates new
logistics schemes of energy
distribution altogether.
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EnergyBRICK units can be easily moved from one place to another using
standard transportation (vans, trucks, freight containers, etc.).
As energy bricks have low self-discharge levels (5% of charge loss per annum),
even transportation over long distances will ensure delivery of energy with no
losses. It doesn't matter anymore how remotely the end customer resides –
energyBRICK will keep the same amount of energy as when it was charged
regardless of the distance and time to deliver. EnergyBRICK units can be
connected to any power source, such as the conventional power grid, or any
alternative renewable energy sources. The energy combined from all power
sources is channeled to energyBRICK to provide maximum charging speed and
efficiency. It is no longer necessary to transmit electricity over long distances
using the traditional energy grid.
The vehicles will transport pre-charged batteries and deliver them straight to
each customer's Premises. Standardized weight and size parameters of
energyBRICK units allow using standard forklift to load and unload the units
to/from any vehicle or platform.
2.2.3. New Waste & Energy Management System

Thanks to the integration of several key technologies of ADGEX company, the
given WASTE-TO-ENERGY Solution can revolutionize all waste treatment and
power generation industries, solving many pivotal challenges once and for all!
The combination and application of greenBLAZE installations and energyBRICK
batteries makes it possible to create one of the best infrastructure solutions on
the market. It will be designed for the recycling both freshly collected garbage
that has been in local landfills for a long time, as well as to organize the logistics
of "green" electricity to end-users without Federal and local power networks.
Currently, the company has produced and successfully tested industrial
samples of products, worked out technological maps and is fully ready to start
mass production. The main short-term strategic goal is to create a high-tech
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mass production of greenBLAZE processors and energyBRICK batteries in

Russia for a full-scale implementation model of the WASTE-TO-ENERGY
Project in Russia and the CIS countries.
New Waste & Energy

Management System
2.3. Project Monetization
The project is an eco-system consisting of complementary products that allow

you to organize a highly effective business model. Thanks to the versatility and
uniqueness of technological solutions, the company can show exponential
growth, rapid and confident entry into the world market, closing all possible
markets, depriving competitors of a chance of success.
The WASTE-TO-ENERGY Project has 3 sources of monetization:
1. Production of greenBLAZE processors and energyBRICK batteries and

their subsequent sale on the market.
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2. Receiving payment from large technological enterprises for the collection

and disposal of their waste. The number of such enterprises includes
almost all manufacturing companies. GreenBLAZE processors are able
to dispose of MSW, poultry waste, pulp production, silt deposits from
water utilities, waste from oil refineries, forestry, agriculture, and many
other complex wastes without harm to the environment.
3. Sale of electricity and heat. Using energyBRICK alkaline battery
technology, we will collect the energy generated by greenBLAZE
installations and then supply and sell it in other regions where there is
maximum demand.
2.4. TECHNOLOGIES OVERVIEW
2.4.1. GreenBLAZE Technology Overview

DESCRIPTION OF WORKING PRINCIPLE AND THE METHOD OF PARTIAL
OXIDATION OF SOLID ORGANIC WASTE
Vacuum thermochemical destruction of solid organic waste (hereinafter referred

to feedstock) includes the following processes: supply of carbon- and nitrogen
contained feedstock into a cylindrical body of the processor's reactor, feedstock
heating, rarefying of internal space of the reactor's body, feedstock heating, gas
discharge, water heating, steam generation and ash residue removal.
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High efficiency of the given technical solution is stipulated by the fact that the
inner part of the housing is successfully preheated before the feedstock is fed
into the channel.
greenBLAZE
Cooling system
Exhaust
Working Principle
Water
Vapour
Vapour separator
Raw material
feed
Generator
Gas-cleaning
Turbine
Ash
residue bin Reactor
unit
Afterburning
The feedstock is continuously moved through the auger and sequentially fed to
the primary expansion chamber, where it is heated up to reach the temperature
of 120÷340 °C and the pressure of 600÷500 kPa. The moisture and primary
pyrolysis gas is removed through the gas grid to the afterburner chamber. In the
future, the air mixture is oxygenated and nitrogenized in the chamber. The
feedstock is subjected to decomposition in the first zone at the temperature of
340÷1000 °C under the pressure of 600÷700 kPa, and then - in the second zone
at the temperature of 1700 °C under the pressure of 900÷700 kPa. Vacuum
conditions in the zones mentioned above are maintained by varying the vacuum
conditions in the tubes of vacuum contour of the respective zone. Afterwards,
the oxygen is fed into the barrel body through the window of the ash channel.
The results of using the present solution in respect of the device with the
cylindrical body, equipped with the screw are as follows: The inner plane of the
casing is divided by the grid into the vapour receiving part with the initial
expansion chamber and the barrel with the first and the second zones of
fracture.
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WORKING PRINCIPLE OF THE greenBLAZE PROCESSOR
Refrigeration unit
Water Steam Exhausts
Feedstock
Steam separator supply
Turbine
Generator
Reactor
Afterburning system
2.4.2. EnergyBRICK Technology Overview

EnergyBREAK is a useful backup energy source for improving the reliability of
the power grid and integrating renewable energy sources.
A modular unit of energy capacity is
a single block - "brick". These bricks
can be combined with each other
without sophisticated additional
equipment.
Connected in series, they add up their own charges of energy and give out more
power. This approach makes it possible to combine any number of "bricks" into
the robust energy storage to optimize the power management system and
prevent blackouts and power outages.
Such objects can be quickly deployed anywhere and, if necessary, dismantled
and moved to solve any energy problems. The power unit of the facility can have
any necessary power, starting from 170 kW, easily scalable by installing
additional blocks.
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EnergyBRICK can easily withstand

adverse weather conditions, including
winds, showers, frosts, dust storms, and
others.
EnergyBRICK also has high energy
conservation properties. EnergyBRICK
units can be easily moved from one
location to another via standard
transportation (vans, trolleys, shipping
containers).
Since the energy block brick has a low level of self-discharge (5% of the charge
loss per year), even long-distance transportation will ensure the delivery of
energy without loss.
It no longer matters how far away the end-user is - energyBRICK will hold
precisely the same amount of power as when it was charged, regardless of the
distance and delivery time.
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INFINITE CAPACITY SCALE-UP

EnergyBRICK are able to form integrated storage facilities of any size and
capacity. All energyBRICK complexes are mobile and easily moved from one
place to another, all units can be recharged remotely using any external power
source with no compulsory connection to the power grid and then – delivered
back to the complex or any other place.
EnergyBRICK is equipped with inverter, allowing connecting the complex to any
type of current power sources – traditional grid, solar, wind, and greenBLAZE
waste-to-energy processor.
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EnergyBRICK operation is fully automated and can be remotely monitored by

just 1 operator.
No equipment breakdown - replacement of used or faulty “bricks” is incredibly
easy: they are simply swapped in a matter of minutes for new ones by a single
person. EnergyBRICK complex requires no annual technical maintenance.
Servicing of the complex is condition-based and needs just annual checking of
the unit’s condition.
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3. MARKETING PLAN
3.1. Market Analysis
The waste heap:
• 2 billion tons per year of

MSW (municipal solid
waste).
• Worldwide quantities
increasing.
Municipal waste per capita
increases with income
level.
Developing Сountries:
• Population continues to grow;

• Waste per capita is rising as economies develop;
• Migration from rural to urban areas continues;
• Number and size of cities increases Developed countries;
• Per capita rates doubled 1970-2000;
• Rates stabilized since 2005;
• 50% of total worldwide waste in 2012.
Globalization results in industrial and hazardous waste generation shifting to

developing countries
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3 billion people lack access to controlled waste disposal facilities

Environmental priority Achieve 100% controlled
disposal Eliminate open dumping and burning.
Controlled disposal rate
Potential impact of improved

waste management on reducing
GHG emissions across the
economy: 15-20%.
Prevention of the 1.3 billion tons of
food waste generated per annum
enough to feed all the
undernourished people in the
world twice over, could save 9% of total worldwide GHG emissions.
Municipal Solid Waste Management Market Size exceeded USD $80 billion
in 2019 and the annual capacity is projected to surpass 3 billion tons by 2026.
The soaring urban population with growing disposable incomes will positively
impact the global market growth. The residential section accounted for a
dominant market share in 2019.
3.2. Competitive Eco Environment
Global economy has and will always produce wastes. There is no optimal
solution so far for safe and cost-effective utilization of MSW (Municipal solid
waste). Landfilling, incineration and dumping of waste inflict irreparable harm on
peoples’ health and environmental well-being, and existing treatment methods
are not economically reasonable.
Even in case of highly effective advanced treatment systems are installed, waste
incineration still causes emission of highly-toxic furans and dioxins, heavy
metals and sulphur, which fall into the category of carcinogens may change the
DNA structure, inflicting irreparable harm on the health of currently living people
and future generations. All other methods for carbon utilization are based on
incineration with production of incredibly harmful emissions, such as PCB
(polychlorobiphenyls), heavy metals, sulphur etc.
Page 24 of 42
GreenBLAZE has near-to-zero harmful emissions:
● greenBLAZE is equipped with sulphur removal unit and generation unit of

low-sulphur acid as a separate product;
● specially designed filters of greenBLAZE processor allows removing
heavy metals from gaseous phase;
● no dioxins generated during greenBLAZE operation because of high
temperatures of 1400 ˚C in the local zone of oxidation (at the temperature
of 1200 ˚C, dioxins are irrevocably decomposed);
● polyvinyl chlorides are not generated as well, as all chloride compounds
are removed through chemical processes inside of greenBLAZE, these
are generations of nitromethane from chloroacetic acid.
GreenBLAZE processors are fully independent from fossil resources and

produce electricity from local feedstock. The WASTE-TO-ENERGY Project
solution is based on mobile & modular principle technologies, that can be
deployed on any remote locations as required. The greenBLAZE processors
and energyBRICK industrial drives enable to create the waste process
infrastructure directly at the field. The applications of WASTE-TO-ENERGY
Project are approached wherever you want.
The WASTE-TO-ENERGY solution has no analogues in the world for the more
acceptable integrated and environmentally friendly solution for the mobile
recycling of waste into green electricity and its subsequent delivery to the end
customers. The market capacity for the WASTE-TO-ENERGY Project is
currently unlimited.
The existing scientific and production potential and the unique tactical and
technical characteristics of the product allow us to predict that this product will
only have an increasing demand for more than 10 years.
3.3. Offer of Unique Value
WASTE-TO-ENERGY Project is one of the most popular solutions in the modern

market. It doesn't matter which part of the world it is used. The combination of
these market factors and the comprehensive solution offered by ADGEX
guarantees a steadily growing market in the long term, which means a high
return for investors of this Project.
EnergyBRICK has a double margin of safety and high short-circuit resistance –
it absorbs any peak electric shocks and vibrations, providing the highest level of
stability and self-sufficiency. In order to keep the lithium battery in optimal
Page 25 of 42
condition for as long as possible, it is recommended not to discharge it to “zero”,

because this reduces the maximum capacity of the battery. EnergyBRICK can
operate from any level of charge, and its full discharge will not affect the overall
battery capacity.
3.3.1. Advantages of EnergyBRICK

● Low internal resistance value;
● High level of efficiency due to the absence of heat losses;
● No memory effect - the battery can be discharged to "zero" level during
operation;
● Can be easily and safely stored in a fully discharged state;
● Can be charged with high-voltage pulse currents with high current and
high voltage for a few minutes using any suitable power source;
● Low self-discharge rate of only 5% per year;
● Easily withstands a continuous short-circuit;
● Mobility and modular design options in products;
● Eco-friendly: no harmful substances released during operation, 100%
recyclable and recyclable.
3.3.2. Advantages of GreenBLAZE

AUTONOMY
GreenBLAZE systems do not require connection to external power sources,

since they generate all the necessary resources for operation independently.
NO MSW SEPARATION PROCESS REQUIRED
GreenBLAZE does not require the preparation of MSW before disposal. The
plants are able to process both freshly collected garbage and accumulated
garbage in landfills and dumps with any humidity and any density.
COMPACT AND MOBILE
Compact dimensions allow you to create mobile garbage processing complexes

based on trucks that can run through cities and process the collected garbage
into electricity right while driving.
ENVIRONMENTAL SAFETY
Installations do not emit harmful substances and do not have a sanitary zone.
They are harmless to nature and human health.
Page 26 of 42
3.4. Marketing Strategy & Objective Goals
The Project management plans to focus its efforts around the main goals:
strategic, marketing and operational to develop the Project and promote
WASTE-TO-ENERGY products.
3.4.1. Strategic Goals

To implement the project's strategic goals, the project team plans to work on
creating a legal framework and lobbying for draft laws that involve the use of
WASTE-TO-ENERGY technologies and products. As a result of the events, the
result is expected in the form of a legislative framework that will oblige
organizations to use greenBLAZE e technology for the disposal of human waste
(silt waste from water utilities), as well as agricultural and poultry waste, oil
refineries, and others. At the moment, there are no solutions that allow you to
quickly, cheaply and in large volumes solve issues of waste disposal. In
particular, no decisions are obliging the state to use one or another method of
disposal.
3.4.2. Marketing Goals

To implement marketing goals, the project team will conduct a marketing
analysis to identify target market niches-companies in need of waste disposal
technology. Aggressive marketing is planned to maintain constant contact with
the target audience. Pilot production facilities and laboratories will be organized
for continuous testing to achieve marketing goals and to improve the production
methods of individual product samples and the technology as a whole.
Continuous improvement of the technology will allow you to maintain a leading
position in the market for a long time. The goal is to get the maximum number
of monetization channels.
3.4.3. Operational Goals

As part of the operational goals, the Project management focuses on solutions
that reduce Capital Expenditures and Operating expenses. First of all, all options
for optimizing production will be worked out in order to effectively reduce the
cost of production. As well as the creation of a service that will be able to carry
out effective maintenance and, if necessary, replace defective elements in order
to obtain low operating costs for the service and maintenance of operating
installations.
Page 27 of 42
4. FINANCIAL PLAN
4.1. Stages of the Project
USD $ 100,000,000 is required to launch and develop the pilot and first series
production. The launching of the second line of serial production is planned to
be made at the expense of the Project's profit.
The Stages of the Project:
Stage Data
Launching of pilot production of greenblaze - R&D
01.06.2020
centre
Launching of pilot production of energybrick - R&D
centre 01.06.2020
Launching of the first mass production of

01.06.2020
greenblaze (Siberia)
Launching of the first mass production of
01.06.2020
energybrick (Siberia)
Launching of the second line of mass production of
greenblaze (European part of Russia) 01.04.2023
Launching of the second line of serial production of

energybrick (European part of Russia) 01.04.2023
The Objectives of the Stages:
1. To start the project at the first stage, it is necessary to create pilot sites
for the production of greenBLAZE processors and energyBRICK
batteries. They will host a design office and an experimental production
site for each of the technologies. The task of these R&D centres is to
constantly develop and test new design solutions in order to modernize
the existing model range, as well as to develop and create new highly
competitive industrial samples of products.
2. To saturate the market with greenBLAZE processors and energyBRICK

batteries, the second stage is to create the first mass production. The
attracted investment in the Project in the amount of USD $ 100 M will
allow to ensure sufficient output for the active start of the Project: the
Page 28 of 42
organization of the first sales of products and the creation of the first
service business models.
3. To form a source of permanent income for Project Investors in the form of

receiving annual dividends in the amount of 50% of the annual profit of
the Project. After the launch of the WASTE-TO-ENERGY Project, ADGEX
plans to reinvest the second 50% of its profits in launching its next highly
liquid projects.
4.2. Investment Efficiency
Criteria Value
Discounting rate, % 3
Payback period – PB, month 50
Discounted payback period - DPB, month 50
Average rate of return - ARR,% 63,98
Net present income - NPV 596 606 335
Profitability index - PI 5,73
Internal rate of return - IRR, % 84,09
Modified internal rate of return - MIRR 22,55
The calculations reflect a pessimistic financial model, in which the source of

profit is only one direction of monetization of the WASTE-TO-ENERGY project
- the sale of finished market products. The second and third sources of
monetization were not taken into account in the calculations.
4.3. Income and Expenses of Future Periods
In fact, it would be prudent to immediately organize operational service

companies that will dispose of organic waste for various industries and receive
high fees for waste disposal and the sale of heat and electricity from the sale of
finished products. Our service companies will be the buyers of our equipment.
They can lease greenBLAZE processors and energyBRICK industrial drives,
rent them out, or buy them with commercial loans obtained under service
contracts. To date, the following service areas have been identified, which are
currently in high demand on the market and where there are no competitors,
namely:
• utilization of waste from poultry farms and livestock complexes;
• waste disposal of water utilities (silt deposits);
Page 29 of 42
• recycling of waste from oil refineries;

• the disposal of waste in forest industry;
• recycling of food industry waste;
• MSW - Municipal Solid Waste disposal.
All these markets and areas have been developed by project proponent in a
high quality and sufficient volume to start creating service business models
immediately after the Project launching. The average payback period for
operating service companies is about 2 years. This final business model of the
WASTE-TO-ENERGY Project is the most liquid and allows you to get the
maximum revenue by using all three sources of monetization of the Project.
Using all three sources of monetization in the Project significantly reduces the
payback period of the Project and at least doubles the Project's profit.
Page 30 of 42
Income and Expenses of Future Periods
Indicator 10-12.2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1-9.2030
Gross sales 33 528 136,36 66 804 545,45 66 804 545,45 131 866 363,64 243 865 636,36 243 865 636,36 243 865 636,36 243 865 636,36 243 865 636,36 182 899 227,27
Net sales 33 528 136,36 66 804 545,45 66 804 545,45 131 866 363,64 243 865 636,36 243 865 636,36 243 865 636,36 243 865 636,36 243 865 636,36 182 899 227,27
Materials 12 302 686,36 24 495 000,00 24 495 000,00 48 454 272,73 60 433 909,09 60 433 909,09 60 433 909,09 60 433 909,09 60 433 909,09 45 325 431,82
Total direct costs 12 302 686,36 24 495 000,00 24 495 000,00 48 454 272,73 60 433 909,09 60 433 909,09 60 433 909,09 60 433 909,09 60 433 909,09 45 325 431,82
Gross profit 21 225 450,00 42 309 545,45 42 309 545,45 83 412 090,91 183 431 727,27 183 431 727,27 183 431 727,27 183 431 727,27 183 431 727,27 137 573 795,45
Wealth tax 44 300,00 172 666,67
Administrative cost 193 636,36 774 545,45 774 545,45 774 545,45 1 355 454,55 2 194 545,45 2 323 636,36 2 323 636,36 2 323 636,36 2 323 636,36 1 742 727,27
Production costs 58 090,91 232 363,64 232 363,64 232 363,64 232 363,64 232 363,64 232 363,64 232 363,64 232 363,64 232 363,64 174 272,73
Marketing costs 96 818,18 387 272,73 387 272,73 387 272,73 677 727,27 1 097 272,73 1 161 818,18 1 161 818,18 1 161 818,18 1 161 818,18 871 363,64
Salary of administrative staff 165 234,75 660 939,00 660 939,00 660 939,00 1 156 643,25 1 872 660,50 1 982 817,00 1 982 817,00 1 982 817,00 1 982 817,00 1 487 112,75
Salary of production staff 410 770,50 1 643 082,00 1 643 082,00 1 643 082,00 1 643 082,00 1 643 082,00 1 643 082,00 1 643 082,00 1 643 082,00 1 643 082,00 1 232 311,50
Marketing staff salary 225 460,50 901 842,00 901 842,00 901 842,00 1 578 223,50 2 555 219,00 2 705 526,00 2 705 526,00 2 705 526,00 2 705 526,00 2 029 144,50
Total fixed costs 1 150 011,20 4 600 044,82 4 600 044,82 4 600 044,82 6 643 494,20 9 595 143,32 10 049 243,18 10 049 243,18 10 049 243,18 10 049 243,18 7 536 932,39
Depreciation 2 709 090,91 21 454 545,45 94 181 818,18
Total non-production costs 2 709 090,91 21 454 545,45 94 181 818,18
Other costs 12 636 363,64
Losses from previous periods 1 653 976,58 2 136 890,60 2 136 890,60 2 136 890,60 3 895 479,42 3 895 479,42 3 895 479,42 3 895 479,42 3 895 479,42 2 921 609,56
Profit before tax -16 539 765,75 -4 829 140,27 37 709 500,64 37 709 500,64 -17 585 888,14 173 836 583,95 173 382 484,09 173 382 484,09 173 382 484,09 173 382 484,09 130 036 863,07
Taxable profit 35 572 610,03 35 572 610,03 10 337 610,30 169 941 104,54 169 487 004,67 169 487 004,67 169 487 004,67 169 487 004,67 127 115 253,51
Income tax 10 671 783,01 10 671 783,01 3 101 283,09 50 982 331,36 50 846 101,40 50 846 101,40 50 846 101,40 50 846 101,40 38 134 576,05
Net profit -16 539 765,75 -4 829 140,27 27 037 717,63 27 037 717,63 -20 687 171,23 122 854 252,59 122 536 382,69 122 536 382,69 122 536 382,69 122 536 382,69 91 902 287,02
Page 31 of 42
4.4. Accounting Policies & Financial Controls
The following sequence of work defines the basic principles of financial

accounting of the company:
1. Constant collection of information to the financial department and the
unified information system.
2. An account of any monetary and other transactions having material
expression.
3. Daily compilation and provision of information to management for
accounting, planning, control, and management of the company.
4. If certain information is important to an investor or lender using the
financial statements, that information should be disclosed within the
statement or in the notes to the statement.
5. Company will continue to exist long enough to carry out its objectives and
commitments and will not liquidate in the foreseeable future. If the
company's financial situation is such that the accountant believes the
company will not be able to continue on, the accountant is required to
disclose this assessment.
6. To use the accrual basis of accounting. The matching principle requires
that expenses be matched with revenues.
7. Under the accrual basis of accounting (as opposed to the cash basis of
accounting), revenues are recognized as soon as a product has been sold
or a service has been performed, regardless of when the money is
actually received.
4.5. Dividend Policy

First 3 years the Project's profit is divided as
follows:
• 50% of the annual profit for the
development of the Project; 50% 50%
• 50% of the annual profit for dividends to
the Project's stakeholders.
After 3 years, the Parties will decide how much

of the Project’s profit will be paid to the Project's Dividend policy Business development
stakeholders. Before the Project started, the
Parties are guided by principles that annual dividends should be increased each
year.
Page 32 of 42
4.6. Exit Strategy

1 Option - Equity Stake in JV Company
After the Project reaches full capacity and payback (50 months from the start),
the Investor, possessing a 35% share of the JV Company, has several options
for making a profit from the WASTE-TO-ENERGY Project, namely, but not
limited:
1. Receiving 35% of the annual profit of the JV Company after taxes,
according to the results of the Project performance in Russia and the CIS
countries.
2. The Investor has the right to dispose of 35% Equity Stake of the JV
Company and sell all Equity Stake (or any part of it) with premium on the
terms and price at his discretion.
3. The Investor will obtain a superior right to expand the Project's Territory
together with ADGEX in other countries, if the Parties decide to do it in
the future. In this case, the Investor will be required to invest in new
WASTE-TO-ENERGY Projects, and the Parties will establish each new
JV Company on the same terms and conditions - 35/65 (35% of the future
project/s will belong to the Investor).
2 Option - Equity Stake in ADGEX Company
After the launching of the WASTE-TO-ENERGY Project, ADGEX intends to start

preparing for listing on one of the world's leading exchanges at the end of 2020.
The choice of an exchange platform depends on the end of the global stock
market recession. We expect that at the end of the year there will be complete
clarity on this issue, and at the same time, it will be an opportune moment, as
ADGEX will enter the market with working businesses and ready-made market
products: greenBLAZE, energyBRICK, Hydrosor, and VITIM. We also expect to
get the effect of mass recognition of the ADGEX brand after the global campaign
to save the world's oceans from plastic in the framework of the environmental
project SustainableMe, which in combination will lead to a severe increase of
shares on the stock exchange. ADGEX management expects the share price of
company to increase several times, and possibly by order of magnitude, which
directly depends on the pace of launching the WASTE-TO-ENERGY Project and
other market factors.
By participating in the Project as a shareholder of ADGEX, the Investor can rely
on a quick return on investment and the creation of sources of permanent
income in both the short and long term, namely, but not limited:
Page 33 of 42
1. Quick return on investment by selling a portion (or all) of ADGEX's stock

stake after the company goes to be listed on stock exchange, and the
stock price at 1 ordinary share of ADGEX increases on the date of issue
of this IM;
2. Receiving annual dividends in proportion to the number of shares owned
by the Investor. ADGEX is going to pay 50% of the total profit at all its
projects activities around the world;
3. The Investor will obtain a superior right to participate in the others
ADGEX's WASTE-TO-ENERGY Projects, if the Parties make such
decision in the future. In this case future JV Companies will be established
on the terms and conditions - 35/65 (35% of the future project will belong
to the Investor).
5. RISK ANALYSIS
5.1. Technical Risks
All components and parts of processor greenBLAZE and storage battery

energyBRICK meet the highest international standards. GreenBLAZE and
energyBRICK have successfully passed numerous tests for durability, safety
and stability, performed under ultimate operational conditions and extreme
operating modes.
greenBLAZE processor has also been probed, and its functionality was proven
by several independent technical and ecological expert councils. To test and
upgrade design documentation of greenBLAZE-200 machine, serial production
of which is scheduled to be commenced in the nearest future, our team has
designed and manufactured greenBLAZE-120 processor. Its successful launch
proved correctness and trustworthy of our design documentation, having
removed all technological risks before commencement of mass production and
global rolling out of the final product.
EnergyBRICK is also a thoroughly prepared and tested product. During the
development of energyBRICK and after numerous tests, we were able to
achieve outstanding reliability and safety indicators when working at extreme
loads. Ready-made samples of energyBRICK were demonstrated at many
European and Australian conferences, such as the "Clean Energy Council",
"Future Energy Conference", where energyBRICK won the colossal interest of
high-ranking officials and management of leading companies in the energy
industry.
Page 34 of 42
5.2. Financial Risks

ADGEX has got more than 50 pre-orders for the mass delivery of greenBLAZE
installations and energyBRICK batteries.
Today, several agreements of intent have been signed with different Customers
for the supply of a total of more than 20 greenBLAZE processors.
We have a high confirmed demand for energy BRICK. Among our future
customers: BELKOMMUNMASH - the leading Belarusian manufacturer of
electric vehicles, MOSELEKTROTRANS - the largest electric transport market
in Russia, and Russian Railways. All these companies have indicated their
desire to equip their entire transport fleet and rolling stock with energyBRICK
starter and traction batteries.
5.3. Commercial Risks

ADGEX is an official participant in the Queensland, Australia "Bio Futures"
Government program. The program is aimed at developing the country's "green"
and sustainable economy. Received support of Queensland ADGEX is ready to
start commercializing greenBLAZE in various market sectors of the country's
economy at the state level.
By holding a series of meetings with the municipality of Victoria State and
presenting energyBRICK at the highest level, ADGEX has generated interest in
the municipality and reached an agreement on the widespread introduction of
energy BRICK technology in Australia after the start of mass production.
In Russia, ADGEX has earned high-level recognition of the company at the
State level. According to the results of the "Ecology year", ADGEX was
considered as the "Leader of Environmental Activities" in 2017. In 2019, ADGEX
won the award in the category "Best Environmental Investment Project".
5.4. Competitive Analysis

GreenBLAZE has no direct competitors in the field of recycling waste and
landfills into the final market product. Existing technologies provide a waste
processing depth of no more than 50% and are characterized by high energy
consumption and cost. At the moment, there is no optimal, practical and cost-
effective solution for the disposal of solid waste and other wastes. Other existing
installations for recycling waste into alternative energy sources have a limited
range of applications.
Complexes that allow you to get electricity are not designed to get fuel, and Vice
versa. Most of these systems are designed to process only a particular type of
Page 35 of 42
garbage with mandatory sorting before processing. The volume of production is

determined only at the project development stage, and if it is necessary to
increase the volume of processed raw materials or its type, a new installation or
long-term modernization of equipment is required.
Furthermore, all such systems are installed directly on the site of use and cannot
be moved on the ground in the future. Dismantling the installation is labour-
intensive and involves high costs.
According to independent assessments of the technology, energyBRICK
represents a unique method of energy storage and storage at the moment,
significantly surpassing all existing technologies. EnergyBRICK has no direct
competitors in terms of technical characteristics and versatility.
The electricity transmission scheme offered by ADGEX has no analogues in the
world. The Initiator of the project is not aware of other technological solutions
that have the same low level of self-discharge and such a degree of reliability
that allows for safe transmission of electricity without loss, using railway, road
or sea transport.
According to the service business model, which provides services for the
disposal and disposal of organic waste on a turnkey basis, there are simply no
competitors in the market.
5.5. Intellectual Property & Core Technical Stuff
All exclusive rights to the intellectual property belong to the ADGEX.

All intellectual property is well-documented as inventions, utility models,
trade secrets, "know-how", patents, trademarks.
The technological solutions used for the implementation of the WASTE-TO-
ENERGY Project have no analogues in the world. They have a scientific
novelty and have a high potential for market leadership. At the same time, the
scientific base created by US in ADGEX will allow us to continually upgrade
greenBLAZE processors and energyBRICK batteries in the future, to
upgrade the existing model range and release a new generation of products.
ADGEX has a high scientific and operational potential, as well as highly qualified
personnel for the implementation of the project. Our leading specialists have
experience in implementing such projects, backed up by more than 20 years of
experience. ADGEX employs all critical technical personnel.
Page 36 of 42
5.6. Environmental and Regulatory Issues

ADGEX has already identified several key areas where the use of greenBLAZE
and energyBRICK enhances the likelihood of Project acceptance on
environmental and sensitive wildlife habitat issues.
In February 2020, ADGEX completed tests and verification of the green blaze
processor ecology unit, which consists of a pyrolysis gas treatment unit and a
water treatment unit to the level of discharge to natural reservoirs or sewers.
ADGEX has created conditions where the disposal of harmful organic and
biological waste is no longer associated with environmental pollution. The
indicators that we have already achieved to date in terms of limiting the emission
of harmful substances are significantly higher than the European standard
"Euro-5" and the Russian GOST 305-2013.
For legislation and stricter environmental requirements for harmful emissions
around the world, the current time is ideal for the launch of the WASTE-TO-
ENERGY Project and its entry into the market.
6. TEAM
Mr Victor Uzlov
Master of technical science, MBA (Distinction)
Founder & CEO of ADGEX
Mr Victor Uzlov has extensive international experience in

strategic management & marketing, project-management,
strategic planning, and finance. Victor is a first-class
expert in the field of Intellectual property and the development of new
breakthrough technologies.
He has unique skills in promoting and bringing innovative technologies and
products to the market. Mr Uzlov has a track record as a determined
“turnaround” specialist, project implementer and business developer.
In the past, Mr Uzlov was Vice-President of MIRAX Group (a leading Russian
Investment and Development Company in Moscow with turnover of more than
USD 2.5 billion), as well as the Head of the division of CW PROTEK (a national
Distributor of Cosmetic and Medical Products with a turnover of more than USD
2 billion). He is the author of more than 20 scientific papers, and 5 patents.
Page 37 of 42
Dr Sergey Zotov
Doctor of technical science
Chief Technical Officer of greenBLAZE
Dr Sergey Zotov is a renowned scientist of natural and

technical sciences worldwide. Sergey is a highly qualified
scholar in the physical and chemical processes of organic waste processing,
synthesis of synthetic fuels, energy and ecology. Dr Zotov is the developer of a
method for decomposition of solid fuel by metered oxidation and a device for its
implementation. He is an expert in the greening of technological processes of
mining and industrial enterprises, forestry and agriculture industries based on
the development and implementation of new resource-saving technologies and
the use of secondary resources.
Dr Sergey Zotov has a unique long-term experience as a research Manager of
significant infrastructure projects. for a long time, he headed the Federal
Technological Research Institute. He is the author of more than 50 scientific
papers, more than 30 patents and copyright certificates.
Dr Viktor Evseenkov
Doctor of technical sciences
Chief Technical Officer of energyBRICK
Dr Viktor Evseenkov is a top expert with extensive

practical experience in the field of electric drives and laser
technology. In the past, he worked at the leading scientific
centre of the Russian Federation in the Department of laser technologies in
“Rostekhnologii” Corporation. He was engaged in the development and design
of innovative electromechanical devices and high-precision electric drives for
spacecraft, aviation, fleet, and drilling rig engines. Dr Evseenkov was
considered the best innovator of the "Polus" Research Institute, where he
developed and manufactured a universal electroplating device that provides
surface preparation of laser mirrors for sputtering.
Dr Evseenkov has a unique long-term experience as a Project Manager of major
infrastructure projects. He is the author of more than 70 scientific papers, more
than 50 copyright certificates and 30 patents.
Page 38 of 42
Dr Vladimir Lyubochko
Doctor of technical sciences
Chief Technologist of WASTE-to-ENERGY Project
Dr Vladimir Lyubochko has extensive theoretical and

practical knowledge in physics. After graduating from the
Institute, he was engaged in scientific and inventive
activities and had a doctorate. Vladimir started his career development from
junior researcher to senior at the Institute of Technical Physics. Has extreme
organizational and managerial skills.
Holding the position of Director General of "Krasnodar Institute of Technical
Physics" for more than 10 years, Dr Lubochko implemented more than ten
projects on establishment and development of timber industry enterprises,
realized projects of six power stations on forestry wastes and several other
projects. Also, he participated in the development of a regional program on the
utilization of biomass for the generation of electric and heat energy. He is the
author of more than 20 scientific works and 7 patents.
7. LEGAL INFORMATION
This presentation is for informational purposes only and is not intended to
recommend any investment discussed in this presentation. This presentation is
not an offer to sell or the solicitation of an offer to purchase an interest in
ADGEX. All information concerning ADGEX and industry data have been
obtained from sources believed to be reliable and current, but accuracy cannot
be guaranteed. Statements in this presentation are made as of the date
specified herein and ADGEX has no obligation to update the information in this
presentation. The projections contained in this presentation are only estimates
of future results that are based on assumptions made at the time such
projections were developed. There can be no assurance that the results outlined
in the projections will be attained, and actual results may be significantly
different from the projections. Also, general economic factors, which are not
predictable, can have a material impact on the reliability of projections. Any
investment in a startup company like ADGEX is subject to various risks. In
considering any performance information contained in this presentation, you
should bear in mind that past performance is no guarantee of future results, and
Page 39 of 42
there can be no assurance that future investments will achieve satisfactory

results.
Confidentiality Provision
This presentation is intended for authorized recipients only and must be held
strictly confidential. This presentation includes confidential proprietary and trade
secret information of ADGEX and its affiliates. By accepting this information,
each recipient agrees that (I) no portion of this presentation may be reproduced
or distributed in any format without the prior express written consent of ADGEX,
(II) It will not copy, reproduce, or distribute this presentation, in whole or in part,
to any person or party, and (III) It will keep permanently confidential all
information contained herein that is not already public. Details and formats of
investment conditions are offered upon requests.
7.1. Legal Jurisdiction

This IM does not constitute an offer of securities in any jurisdiction where, or to
any person to whom, it would not be lawful to issue the IM or make the offer. It
is the responsibility of any Applicant outside Australia to ensure compliance with
all laws of any country relevant to their Applications and any such Applicant
should consult their professional advisers as to whether any government or
other consents are required or whether any formalities need to be observed to
enable them to apply for and be allotted any securities. No action has been
taken to register or qualify the Securities or the Offer or otherwise to permit a
public offering of the Securities on offer in any jurisdiction outside Australia.
7.2. Financial Reporting to Shareholders

ADGEX Limited will ensure that in accordance with its duties under the Act,
annual financial information will be made readily available to the Board and
Shareholders. The Company will produce an annual report incorporating
financial statements in accordance with International Financial Reporting
Standards (IFRS). The Company’s annual report will also be made available on
the Company’s website.
7.3. Corporate Governance / Continuous Disclosure

The Board is responsible for the corporate governance of the Company and the
members of the Board recognize the need for the highest standards of behavior
and accountability. To this end, the Board has adopted sound practices of
corporate governance. A process of continuous disclosure has been adopted
relevant to keeping Directors, management, shareholders and potential
Page 40 of 42
investors informed. The Company is cognizant of due diligence requirements in

the event of a future merger, trade sale, takeover or listing on a recognized stock
exchange. The Board considers that the Company is not currently of a size nor
are its affairs of such complexity to justify the establishment of separate Board
committees. Accordingly, all matters that may be capable of delegation to
committees will be dealt with by the full Board.
As such, the Directors are responsible for setting the strategic direction of the
Company and establishing the policies of the Company. It is their responsibility
to oversee the financial position of the Company and monitor the business and
affairs of the Company, on behalf of the Shareholders. The Directors also
address issues relating to internal control and the Company’s approach to risk
management. Investors in ADGEX Limited are invited to undertake their own
due diligence of the Company, its management and the Company’s products or
services, subject to signing a confidentiality agreement. Enquiries should be
made to the Board of ADGEX Limited directly.
7.4. Directors Declaration

The Directors have made reasonable enquiries to ensure that there is no
material statement in this Information Memorandum which is false or misleading.
They have also made reasonable enquiries to ensure that there is no material
omission from the Information Memorandum.
The Directors report that, as of the date of signing, after due enquiry by them,
they have not become aware of any circumstances that in their opinion
materially affects or will materially affect the assets and liabilities, financial
position, profits and losses or prospects of ADGEX other than those set out in
the Information Memorandum.
The Directors have consented to the Offer and the issue of this Information
Memorandum. This Information Memorandum is signed by the Executive
Director of the Company on behalf of the Directors.
Signed on behalf of ADGEX Limited:
…………………………………………………..
Mr Victor Uzlov
Managing Director
Page 41 of 42
CONCLUSION
This material does not constitute any representation as to the suitability or
appropriateness of any security, financial product or instrument. There is no
guarantee that investment in any program or strategy discussed herein will be
profitable or will not incur loss. This information is prepared for general
information only. It does not have regard to the specific investment objectives,
financial situation, and the particular needs of any specific person who may
receive this report. Investors should seek financial advice regarding the
appropriateness of investing in any security or investment strategy discussed or
recommended in this report and should understand that statements regarding
future prospects may not be realized. Investors should note that security values
may fluctuate and that each security’s price or value may rise or fall. Accordingly,
investors may receive back less than originally invested. Past performance is
not a guide to future performance. Individual client accounts may vary. Investing
in any security involves certain risks called non-diversifiable risk. These risks
include market risk, interest-rate risk, inflation risk, and event risk. These risks
are in addition to any specific, or diversifiable, risks associated with particular
investment styles or strategies.
CONTACTS
Tel.: +7 965 133 9793
WhatsApp & Viber: + 61 416 377 950
E-mail: victor@adgex.com
Postal Address: Suite 5409, 91 Liverpool Street, Sydney, 2000
NSW, Australia
Page 42 of 42

WASTE-TO-ENERGY Information Memerandum DT 12 Apr, 2020

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WASTE-TO-ENERGY Information Memerandum DT 12 Apr, 2020

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Information Memorandum WASTE-TO-ENERGY

The Information Memorandum is being provided for information purposes only, to

• To sophisticated investors (Section 708(8));

In consideration of ADGEX providing this Information Memorandum to the recipient,

Any reproduction or distribution of this Information Memorandum, in whole or in part,

This Information Memorandum provides a summary of the main features of the

TO THE FULL EXTENT PERMITTED BY LAW:

(a) no representation or warranty (express or implied) is given; and

TO THE FULL EXTENT PERMITTED BY LAW, NO RESPONSIBILITY OR LIABILITY

1. PROJECT INITIATOR .......................................................................................... 6

2. PROJECT INITIATOR ........................................................................................ 12

3. MARKETING PLAN ............................................................................................ 23

5. RISK ANALYSIS ................................................................................................. 34

7. LEGAL INFORMATION ...................................................................................... 39

Project Initiator: ADGEX Limited (ABN 61 156 556 035)

Subject: Raising USD $ 100.0 million for the purposes of

This Information Memorandum (‘IM’) is dated 12 April 2020 and is issued by

Company type: Australian Public Company, Limited by Share

Australian Company Number: 156 556 035

Registration date: 29/03/2012

Locality of registered office: The GAP, QLD 4061, Australia

Business Portfolio: ADGEX is a business integrator of top-notch

Capitalization of ADGEX and generation of high income are based on the

SOCIAL BUSINESS ROLE

TARGET MARKETS & DOMAINS OF INTEREST

RENEWABLE ALTERNATIVE ENERGY:

WATER CONDITIONING AND PURIFICATION:

INTELLECTUAL MICROELECTRONICS - VITIM

LISTING ON STOCK A EXCHANGES

ADGEX purpose is to secure sustainable and steady growth of the Company's

1.2. Investment Proposal

ADGEX company presents the WASTE-TO-ENERGY Project to the investor/s.

1 Option - Equity Stake in JV Company

Acquisition of 35% of equity stake in a newly established JV Company in the

2 Option - Equity Stake in ADGEX Company

Acquisition of 10% of equity stake in ADGEX, amounting to USD $100,000,000.

1.3. IM Offer Period

1.4. SustainableMe - Brand Recognition Program

environmental problems. Meanwhile, plastic production in the world continues

An environmental project to clean the world's oceans of plastic was

It is an innovative way to attract the attention of the world community to the

Project Video Presentation

Our Project Video Presentation at the following link:

2.2. Current Status of Project

2.2.1. The Uniqueness of GreenBLAZE

Due to design features and temperature conditions, the greenBLAZE process is

Instead, the greenBLAZE processor decomposes the feedstock to the molecular

The processor occupies

GreenBLAZE requires NO connection to external power sources.

GreenBLAZE efficiency exceeds 95%.

2.2.2. The Uniqueness of EnergyBRICK

2.2.3. New Waste & Energy Management System

mass production of greenBLAZE processors and energyBRICK batteries in

New Waste & Energy

2.3. Project Monetization

The project is an eco-system consisting of complementary products that allow

The WASTE-TO-ENERGY Project has 3 sources of monetization:

1. Production of greenBLAZE processors and energyBRICK batteries and

2. Receiving payment from large technological enterprises for the collection

2.4. TECHNOLOGIES OVERVIEW

2.4.1. GreenBLAZE Technology Overview

Vacuum thermochemical destruction of solid organic waste (hereinafter referred

WORKING PRINCIPLE OF THE greenBLAZE PROCESSOR