Exhibit 4 Income Statement for LorPel Company* 2005 2006 2007 Revenues Revenue from pellet production $684,575 $745,902** $781,640 Revenue from engineering for 85,571 114,095 171,143 pellet production Total Revenue Expenses $770,147 $859,997 $902,783 Rent and utilities $21,393 $21,393 $21,393 Labor costs*** 181,127 189,684 218,258 Raw materials costs (including 75,303.3 118,602 121,800 transportation) Transportation of the product and 61,612 69,313 69,313 its custom covered load Donations and gifts 7,130 7,130 7,130 Bank service 5,990 6,846 7,130 Production-related expenses 11,410 12,194 12,194 (power, expendable materials) Depreciation and amortization 59,900 59,900 21,393 Total expenses $423,865 $485,062 $346,611 Earnings before tax 346,282 374,935 456,172 Taxes on profits (24%) 83,108 89,984 109,481 Net Profit $293,174 $284,950 $346,691 All information was provided in euros and converted to U.S. dollars at average yearly exchange rates. "There was a jump in the market-based price for bio fuel in the EU in 2006 ($108 per ton compared to $85 per ton in 2005 and 2007). ***Labor costs include wages and employment taxes, but exclude bonuses paid in cash. Source: Information provided by Aleksey Kruglov.