Aterra Energy Corporation, Inc. - FORM S-1/A

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EX-23.1 - CONSENT - Aterra Energy Corporation, Inc.	aterra_ex2301.htm

As filed with the Securities and Exchange Commission on June 11, 2015

333-204894

United States

Securities and Exchange Commission

Washington D.C. 20549

Amendment No. 1 to

Form S-1

Registration Statement under the Securities Act of 1933

Aterra Energy Corporation, Inc.

(Exact name of registrant as specified in its charter)

Wyoming

(State or other jurisdiction of incorporation or organization)

519999

(Primary Standard Industrial Classification Code Number)

47-3498503

(I.R.S. Employer Identification Number)

41 Riders Lane, Fairfield, CT 06824 (203) 343-3709

(Address, including zip code, and telephone number,

including area code, of registrant's principal executive offices)

INCORP, 2360 Corporate Circle, Suite 400, Henderson, NV 89074-7722, (702) 866-2500

(Name, address, including zip code, and telephone number,

including area code, of agent for service)

As soon as practicable after this Registration Statement becomes Effective

(Approximate date of commencement of proposed sale to the public)

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box: x

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. o

Large accelerated filer o	Accelerated filer o
Non-accelerated filer o (Do not check if a smaller reporting company)	Smaller reporting company x

CALCULATION OF REGISTRATION FEE



Title Of Each Class Of Securities To Be Registered	Amount to be Registered	Proposed Maximum Offering Price Per Share (1)	Proposed Maximum Aggregate Offering Price	Amount of Registration Fee
Common Stock, par value $0.0001 per share	12,311,250	$.50	$6,155,625	$715.28

1) Based upon the average price paid for the common stock prior to registration pursuant to Rule 457 (c)

The Registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the registration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to Section 8(a), may determine.

Aterra Energy Corporation, Inc.

Cross Reference Sheet

LOCATION IN PROSPECTUS OF INFORMATION REQUIRED BY PART I

Item Number	Caption	Location in Prospectus

1.	Forepart of the Registration Statement and Outside Front Page of Prospectus	Outside Front Cover Page

2.	Inside Front and Outside Back Cover Pages of Prospectus	Inside Front and Outside Cover; Back Cover Page

3.	Summary Information, Risk Factors and Ratio of Earnings to Fixed Charges	Prospectus Summary; the Company Proforma Financial Information

4.	Use of Proceeds	Not Applicable

5.	Determination of Offering Price	Outside Front Cover Page; Plan of Distribution

6.	Dilution	Not Applicable

7.	Selling Security Holders	Selling Shareholders

8.	Plan of Distribution	Outside Front Cover Page;Plan of Distribution

9.	Description of Securities to be registered	Description of Capital Stock

10.	Interests of Named Experts and Counsel	Not applicable

11.	Information with respect to the registrant	Outside front cover page; Prospectus Summary; The Company; Capitalization; Selected Consolidated Financial Data;

12.	Incorporation of Certain Information by Reference	Incorporation of Certain Information by Reference

13.	Disclosure of Commission	Not Applicable
	Position on Indemnification for Securities Act Liabilities

The information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. The prospectus is not an offer to sell these securities nor a solicitation of an offer to buy these securities in any jurisdiction where the offer and sale is not permitted.

PRELIMINARY PROSPECTUS

SUBJECT TO COMPLETION DATED June __, 2015

Aterra Energy Corporation, Inc.

12,311,250 Shares of Common Stock

This Prospectus relates to 12,311,250 shares of Common Stock, $.0001 par value (the “Common Stock”) of Aterra Energy Corporation, Inc. (the “Company”) which may be offered from time to time by any and/or all of the selling Shareholders named herein (the “Selling Stockholders”). See “Selling Stockholders.” The Company will not receive any proceeds from the sales of shares offered hereby. The Company estimates that the expenses of this offering will be approximately $25,000, all of which will be paid by the Company.

The Company is not aware of any underwriting arrangements with respect to the offer and sale by the Selling Stockholders of the Common Stock. The Company has been advised by the Selling Stockholders that they or their successors may sell all or a portion of the shares offered hereby from time to time on the OTC:QB, in privately negotiated transaction, or otherwise, including sales through or directly to a broker or brokers. Sales will be at prices and terms then prevailing or at prices related to the then current market prices or at negotiated prices. In connection with any sales, any broker or dealer participating in such sales may be deemed to be underwriters within the meaning of the Securities Act of 1933. See “Plan of Distribution”.

The Common Stock will be traded on the OTC:QB. The recommended trading symbol is "ATRE". The market for the Common Stock must be considered limited and there can be no assurance that a meaningful trading market will develop. Furthermore, prices quoted may not represent the true value of the Common Stock.

THE SECURITIES OFFERED INVOLVE A HIGH DEGREE OF RISK. SEE "RISK FACTORS” AT PAGE 5.

THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

The date of this Prospectus is July 1, 2015

Table of Contents

	Page
Available Information	1
Prospectus Summary	2
The Company	2
Summary Financial Information	3
Risk Factors	4
Consumer Preference and Industry Trends	4
Competition	6
Risk of Litigation	7
Development of Markets	7
Reliance on Key Distributors	7
Management of Growth	7
Reliance on Key Personnel	8
Dependence on Contractors for	8
Volatility of Stock Price	8
Regulation	8
Reduced Liquidity Attendant to Penny Stocks	8
Shares Eligible for Future Sale or Issuance	9
Ability to Pay Dividends	9
Formation of the Company	9
Market for Common Stock and Dividend Policy	9
Selling Stockholders	10
Plan of Distribution	11
Capitalization	11
Unaudited Pro Forma Condensed Consolidated Statements of Operations for the twelve month period ended December 31, 2015	12
Selected Consolidated Financial and Operating Data	13
Management’s Discussion and Analysis of Financial Condition and Results of Operations	13
Acquisition Agreements	13
Principles of Consolidation	13
Liquidity and Capital Resources	14
Business	14
Industry Outlook	15
Company Strategy	15
Proprietary Technology	15
Product Advantages	16
Markets	16
Marketing and Sales	17
Advertising and Promotion	17
Customer Service	19
Acquisitions	19
Government Regulation	19
Competition	19
Management	19
Manufacturing	27
Employees	28
Patents	28
Board of Directors	29
Executive Compensation	29
Principal Shareholders	29
Certain Transactions	29
Director Compensation	29
Employment Agreements	30
Indemnification of Directors and Executive Officers and limitation of liability	30
Description of Capital Stock	30
Index to Financial Statements	F-1

Available Information

The Company is subject to the informational requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and, in accordance therewith, files reports, proxy statements and other information with the Securities and Exchange Commission (the S.E.C.”). Such reports, proxy statements and other information filed by the Company can be inspected and copied at the public reference facilities of the S.E.C at 450 Fifth Street N.W. (Room 1024), Judiciary Plaza, Washington, DC 20549; as well as at the regional offices of the S.E.C. located Northwestern Atrium Center, 500 West Madison Street (Suite 1400), Chicago, Illinois 50551, and Seven World Trade Center (13^th Floor), New York, New York 10048, copies of such material can be obtained from the Public Reference Section of the S.E.C. at 450 Fifth Street N.W., Washington, DC 20549 at prescribed rates.

The Company has filed with the S.E.C. in Washington DC., a Registration Statement on Form S-1 with the Securities Act of 1933 (the “Act”). As amended, with respect to the Common Stock offered hereby (the “Registration Statement”). This Prospectus does not contain all of the information set forth in the Registration Statement, certain parts of which are omitted in accordance with the rules and regulations of the S.E.C. For Further information with respect to the Company and the securities offered hereby, information reference is made to the Registration Statement, including the exhibits and financial statements and schedules, if any, filed therewith or incorporated therein by reference. Statements contained in this Prospectus as to the contents of any contract or other document are not necessarily complete, and in each instance, reference is made to the copy of such contract or other document files as an exhibit to the Registration Statement or incorporated there by reference, each statement being qualified in its entirety by such reference. The Registration Statement, including the exhibits thereto, may be inspected without charge at the S.E.C.‘S principal office in Washington, DC, and copies of any and all parts thereof prescribed by the S.E.C.

Prospectus Summary

The following summary should be read in conjunction with, and is qualified in its entirety by, the more detailed information with financial statements, including the notes thereto, appearing elsewhere in this prospectus,. Unless the context indicates otherwise in this prospectus (i) all References to ATRE or the “Company” refer to Aterra Energy Corporation, Inc., and (ii) all references to consolidated Financial Statements refer to the financial statements of ATRE.

The Company

Aterra Energy Corporation, Inc. (the “Company”) is engaged in alternate energy solutions through its investment in Solar JOOS, Inc via a Stock Swap of common shares dated March 20, 2015; whereby the Company exchanged 15% of its common shares outstanding with 15% of Solar JOOS common shares outstanding and its operating subsidiary New Hampshire Wood Pellets LLC (NHWP), which is in the business of sustainable production, sales and distribution of wood pellets for heating.

Solar JOOS

Privately held Solar JOOS uses its proprietary know-how and patented technology to produce best-in-class small-scale solar energy solutions for public, commercial, government and military end-users. Solar JOOS award-winning systems have been shown to generate at least twice the power and stored energy in all lighting conditions compared to its competitor’s similarly sized solar chargers.

Solar JOOS was awarded:

Awarded top honors for Best of Innovation in the Eco-Design and Sustainable Technology product category by the International Consumer Electronics Association (CES)

Wired Magazine - 9/10, Editor’s Pick

Outdoor Life – Best portable solar charger, Editor’s Choice

Solar JOOS has entered into the following Agreements:

Exclusive sales agreement to provide the market-leader in battery-powered, time-lapse specialty cameras, Brinno Inc. (www.brinno.com), with Solar JOOS chargers.

Memorandum of Understanding with Spectrolab Inc., a wholly owned subsidiary of The Boeing Company, to investigate markets to pursue in partnership incorporating Spectrolab’s high efficiency Gallium-Arsenide solar cells into Solar JOOS small-scale solar chargers.

Patents issued to Solar JOOS are:

Patent #8,531,152 protects low-light circuitry, which gives all product lines competitive differentiation and power-production advantage;

Patent #8,629,646 protects Internet-based data uploads to capture energy credits and reward users for solar energy production

New Hampshire Wood Pellets LLC

NHWP, a wholly owned subsidiary of the Company, was formed for the purpose of producing certifiable premium wood pellets that meets or exceeds industry standards; selling to the residential market via distributors, directly to the some of the largest distributors in the U.S. using the NHWP’s manufactured pellet under the distributor’s private label, and to large-scale commercial operations by creating alliances with wood pellet boiler/ furnace manufacturers.

NHWP has located a site in and around the Center Barnstead area in New Hampshire. This facility will bring 26 to 30 permanent green manufacturing jobs to the local economy and 150 related permanent concomitant jobs generating broad local support. After the transaction closes, wood pellet production will begin within approximately eight months.

Summary Financial Information

The summary of financial data set forth below is derived from and should be read in conjunction with the financial statements, including the notes (if any) thereto, appearing elsewhere in this prospectus. See “The Company” and “Managements Discussion and Analysis of financial condition and Results of Operations”

For the Six Month Period ended June 30,

	2015			2014		2013


Statements of Income Data

Revenues	$	0		$	0	$	0

Income (loss) from Operations		0			0		0

Net Income (Loss)		0			0		0

Earnings (loss) per Share (a)


Fo the six month period Ended June 30,	2015			2014		2013


Balance Sheet Data

Working Capital	$	(1,796	)	$	0	$	0

Total Assets	$	0		$	0	$	0

Total Long Term Debt,including current Maturities	$	1,796		$	0	$	0

Total Stockholders Equity	$	(1,796	)	$	0	$	0

(a) Company was formed in March, 2015

Risk Factors

The purchase of shares of Common Stock involves a high degree of risk, in addition to other information contained in this Prospectus, before purchasing shares of Common Stock.

Limited operating history. The Company is thinly capitalized, was only recently organized, through a business combination with NHWP and investment in Solar JOOS and has been in business only three months, thus the Company has limited financial resources. Successful promotion and exploitation of this business opportunity will require substantially greater capital than is being sought in the current placement. There can be no assurance that the Company will achieve profitability in the near future nor that substantial additional capital will not be required in the near term, of which there can be no assurance that such funds will be available at the time that they are needed nor whether the Company will be able to continue operations in the event such funding proves unavailable in the immediate future.

Scarcity of competition for Business Opportunities. Because of its limited capital resources following completion of the placement, the Company will have limited ability to acquire further profitable or potentially profitable business opportunities. There are a large number of established and well financed entities, including venture capital firms engaged in merger and acquisition activities. Nearly all such entities have significantly greater financial resources, technical expertise and managerial capabilities than the Company and, consequently, the Company will be at a competitive disadvantage in identifying and attracting suitable candidates and successfully concluding a proposed acquisition. Management has been engaged in seeking suitable acquisition candidates and there are ongoing preliminary evaluations and discussions with a number of parties. There are no agreements in place at this time. Certain acquisitions are dependent on completion of this offering.

Need for Additional Financing for Growth.

In order to finance capital expenditures and related expenses for growth and product development, the Company will require substantial investment on a continuing basis until the Company becomes cash flow positive. The shares of Common Stock registered hereby have been issued or are issuable in connection with acquisitions and services relating to the growth and development of the Company. However, the Company will need to obtain additional financing in order to continue to penetrate its new and existing markets. If it does not obtain such financing, there is no assurance that the Company will be able to complete the development and expansion of the Company’s distribution channels for its products and for other programs described herein. To the extent that any future financing requirements are satisfied through their issuance of equity securities, investors may experience significant dilution in the tangibles book value per share of common stock, The amount and timing the Company’s future capital requirements will depend upon a number of factors, many of which are not within the Company’s control, including programming costs, capital costs, marketing expenses, staffing levels, and competitive conditions. There can be no assurance that the Company’s future capital requirements will be met or will not increase as a result of future acquisitions, if any, Failure to obtain any required additional financing could adversely affect the growth of the Company. See “Risk Factors” and Management’s Discussion and analysis of Financial Conditions and Results of Operation-liquidity and Capital Resources.

Consumer Preference and Industry Trends

Solar JOOS

The technology industry market in which the Solar JOOS operates, is characterized by frequent introduction of new products and services, and is subject to changing consumer preferences and industry trends, which may adversely affect Solar JOOS’ ability to plan for future design, development and marketing of its products and services. These are also characterized by rapidly changing technology and evolving industry standards, often resulting in product obsolesce or short product life cycles. The proliferation of new solar technologies, including personal communication services, cellular telephone products and services employing alternative technologies, may reduce demand for solar products generally as well as for solar products employing remote technology.

New Hampshire Wood Pellets

As the cost of imported foreign petroleum products and environmental concerns rise, the demand for home-grown, alternative and renewable fuel sources will continue to increase. Current demand for alternative fuel sources look toward biomass combustibles such as wood pellets. Wood pellets are considered a renewable resource and a carbon-neutral biofuel. The U.S. Energy Information Administration (EIA) has predicted that wood consumption (including wood pellets) in the residential market alone will rise by 700 trillion BTUs between now and 2030 Global wood pellet demand is projected to grow from an estimated 23 million tones in 2014 to 50 million in 2024

As a result of regulatory requirements, growing public awareness, the concept of “peak oil,” and the Kyoto protocol, the market for biomass in Europe is strong and growing. According to the European Biomass Association, the EU will increase its biomass consumption significantly by 2020. In fact, most large North American biomass pellet plants were recently built specifically to export to the European biomass market.

Bioenergy International Magazine’s January 2012 survey of worldwide WP manufacturing capacity identified 585 plants operating in 35 countries that have the capacity to produce ~33 million mtpy of wood pellets, with the USA and Canada having a combined capacity of 10.3 million mtpy. Biomass magazine shows that, currently, US has 122 plants operating with capacity of 10.0 million tons and Canada has 38 plants operating with capacity of 3.3 million tons.

North American WP Exports

Source: U.S. Energy Information Administration, based on U.S. International Trade Commission data

Wood pellet exports from the United States nearly doubled last year, from 1.6 million short tons (approximately 22 trillion Btu) in 2012 to 3.2 million short tons in 2013. More than 98% of these exports were delivered to Europe, and 99% originated from ports in the southeastern and lower Mid-Atlantic regions of the country.

In 2013, the top five importing countries of U.S. wood pellets exports were all European: the United Kingdom, Belgium, Denmark, the Netherlands, and Italy. The United Kingdom accounted for the majority (59%) of U.S. wood pellet exports, and more than tripled its imports from the United States between 2012 and 2013.

Source: U.S. Energy Information Administration, based on Eurostat data

The United Kingdom's wood pellet imports from all sources have grown from near zero in 2009 to more than 3.5 million short tons in 2013. Because of the United Kingdom's Renewables Obligation program, the operators of several large coal-fired power plants have either retrofitted existing units to cofire biomass wood pellets with coal or have converted to 100% biomass. The Drax power plant—rated at nearly 4,000 megawatts and the largest coal-fired power plant in the United Kingdom—is in the process of implementing plans to convert half of its six generating units to run solely on wood pellets. The first of these three units entered service in 2013, while the remaining two conversions are planned for completion in 2015. According to Eurostat, the United Kingdom is also a major importer of wood pellets from Canada and, to a lesser extent, from other European sources. Until 2013, Canada was the primary source of the United Kingdom's import supply.

The global market demand for wood pellets continues to trend upward and is competitively priced as compared to oil, natural gas (both fossil fuels) and electricity (predominately created by fossil fuels). The primary target market for the NHWP’s premium wood pellets initially is the residential sector with room for growth to sell to large-scale commercial and industrial users. Wood pellet demand globally is growing exponentially. There was a shortage of availability for wood pellets in North America in 2008. During 2009 and again in 2012, there were pockets of over-supply of wood pellets in the residential heating market in the U.S. where proper forecasting of potential sales and diversification into other business segments, such as high quality wood shavings and wood pellets for animal/horse bedding were lacking. These wood pellet mills have been built in areas of competition and without regard to having off-take agreements in place to purchase their end product. Due to the severe weather experienced this winter, there was a severe shortage of wood pellets in 2013/2014 winter. With the EIA forecasted long-term increase in demand for wood products combined with a limited number of competitors in the northeast, the NHWP is perfectly positioned to gain market share in the increasing use of wood pellets in large-scale commercial and industrial applications that is being supported by public incentives.

Competition

Solar JOOS

The markets for solar products and services throughout the world are being redefined as new products are brought to market and existing product life cycles are shortened. Solar JOOS’ success will be dependent on anticipating and responding to the constant changes and enduring that it can continue to compete on the basis of price, service and product offerings. The number of participants in the solar industry is extensive. Most are no-name companies building low-quality, commodity solar chargers which represent a risk only in that they can contaminate potential customers’ perception of the usefulness of solar chargers/solar batteries through the manufacture of products that perform poorly. Some competitive companies have achieved significant international national and regional consumer loyalty and have significantly greater financial, marketing, distribution, personnel and other resources than the Solar JOOS, thereby permitting such companies to implement extensive advertising and promotional campaigns.

New Hampshire Wood Pellets LLC

NHWP faces intense competition in the marketing and sales of its products. That said, it is extremely important to understand that it takes the better part of a year to develop the proper wood pellet formulas (recipes) to satisfactorily handle the demands of the different industries that it sells pellets to.

Risk of Litigation

Solar JOOS

Litigation in the solar industry has been used as a competitive tactic both by established companies seeking to protect their existing positions in the market and by emerging companies attempting to gain access to the market.

Like other retailers, distributors and manufacturers of products that are used by consumers, Solar JOOS will face an inherent risk of exposure to product liability claims in the event that the use of the products into which its products are incorporated results in injury. Management cannot predict whether or not product liability claims will be brought against Solar JOOS in the future or the effect of any resulting negative publicity on its business. Moreover, Solar JOOS may not have adequate resources in the event of a successful claim against it. Solar JOOS will evaluate the potential risks and obtain appropriate levels of insurance for product liability claims. At the present time, Solar JOOS is discussing with its insurance agent its potential risks and needed general liability insurance coverage to cover its potential product liability claims and has not obtained said product liability insurance at this time. The successful assertion of product liability claims against Solar JOOS could result in potentially significant monetary damages and if its insurance protection is inadequate to cover these claims, they could require Solar JOOS to make significant payments.

Development of markets

The Company’s success depends on its ability to develop both domestic and international markets for its products. There can be no assurances that the Company will continue to market its products successfully or that a larger market for its products will continue to develop.

Reliance on Key Distributors

New Hampshire Wood Pellets

In the near term, NHWP’S success in the wood pellet industry may depend on a number of large orders from a small group of distributors, which creates a risk that the loss of any one distributor may have a significant adverse impact on NHWP’s financial results.

Management of Growth

While a strategic and wisely executed marketing campaign is the key to expanding our customer base; providing new, cutting-edge, innovative ideas will ensure a solid operation built for long-term success.

Any need for outside services in which we cannot provide will all be initially outsourced in order to cut costs by not having facilities in excess of our needs. The Company will not attempt to establish relationships with providers of outsourcing services until the Company will be able to utilize such services.

Reliance on Key Personnel

The Company is highly dependent on Joseph J. Murphy and John F. Kehnle, the Company’s CEO and CAO respectively. The loss of such individuals could have a serious material adverse effect on the Company. The Company will have Key Person Insurance covering such individuals.

NHWP is highly dependent on Phil Bartels its general Manager. The loss of such individual could have a serious material adverse effect on the Company. The Company will have Key Person Insurance covering such individual.

NHWP’S experienced professional team will develop the NHWP project with proven construction, operations and management professionals dedicated to establishing a premier wood pellet facility with feedstock acquired through sustainable forest management practices. The management team was assembled for replication to align with market growth offering even greater potential returns.

Solar JOOS is highly dependent on Warren Sattler, its President. The loss of such individual could have a serious material adverse effect on the Company. The Company will have Key Person Insurance covering such individual.

Dependence on contractors for manufacturing

Solar JOOS

Solar JOOS uses outside manufacturers for it products and is substantially dependent on the ability of its manufacturers to provide adequate inventories of quality products on a timely basis and on favorable terms. Although Solar JOOS believes that the relationship with its manufacturers is satisfactory and that numerous alternative sources for it s products are currently available, the loss of the services of such manufacturers or substantial price increases imposed by such manufacturers would have a material adverse effect on the Solar JOOS.

Volatility of Stock Price

Factors such as announcements of the results of trials or the introduction of new Products by the Company or its competitors, market conditions in the solar and wood pellet and emerging growth sectors and rumors relating to the Company or its competitors may have a significant impact on the market price of the Common Stock. Furthermore, the stock market has experienced volatility that has particularly affected the market prices of equity securities of many emerging growth companies in the solar industry. This volatility has often been unrelated to the operating performance of such companies. These Market fluctuations could adversely affect the price of the common stock.

Regulation

Management believes the Company will not be subject to regulation under the Investment Company Act of 1940 insofar as: (i) the Company. will not be engaged in the business of investing or trading in securities, and (ii) the Company will not attempt to obtain a controlling interest in any asset acquisition or merger candidate.

Reduced Liquidity Attendant to Penny Stocks

S.E.C. rules impose additional sales practice requirements on broker-sealers who recommend certain low priced “penny stocks” to [persons other than established customers and institutional accredited investors. For transactions covered by these rules, the broker-dealer mist make a determination that based on the purchasers’ financial situation, investment experience and investment objectives, an investment in penny stocks is suitable for such purchaser and that such purchaser (or his independent advisor) is capable of evaluating the risks of transactions in penny stocks. The broker–dealer must also provide a prospective purchaser of penny stocks with certain disclosures materials and obtain the purchasers’ written consent to the transaction prior to the sale. Since the Common Stock currently is deemed to be “penny stock “, an investor may find it more difficult to dispose of, or to obtain accurate quotations as to the market value of the securities offered hereby. An exemption form “penny stock” status will be available, however as to the common stock if and when the market price therefore exceeds $5.00 per share, the Company’s net tangible assets exceed $2,000,000 or the Company has average revenue of at least $1,000,000 over the preceding three years, see “Market for Common Stock and Dividend Policy”.

Shares Eligible for future sale or issuance

The Company has 53,000,000 shares of common stock outstanding at March 31, 2015 and 300 million shares of Common Stock available for issuance, of which 1,000,000 shares are reserved for issuance pursuant to the Company’s employee stock option plan.

2,561,250 shares will be available for public sale subject to (i) the limitations of Rule 144 promulgated under the Securities Act and (ii) the agreement of all directors, officers and Warrant holders and certain employees and other holders of 33,843,750 shares of Common Stock not to sell such shares for 360 days following the date of this Prospectus without the consent of the Company. In addition, existing stockholders of the Company holding approximately 9,905,000 shares of Common Stock, which shares are included in the 53,000,000 shares referenced above, have been granted certain “Piggy Back” registration rights with respect to such shares of Common Stock. Sales of substantial amounts of the common stock in the public market, or the availability of substantial amounts of the Common Stock for such sale, could adversely affect the prevailing market price of the Common Stock. Further, the authorized and unreserved shares of Common Stock available for issuance may be issued from time to time upon authorization of the Board of Directors, without further approval by the stockholders unless required by applicable law. The issuance of such shares of Common Stock by the Company could result in the dilution of the voting power of the shares. See “Description of Capital Stock” and “shares Eligible for Future Sale.”

Ability to pay Dividends

The Company has not paid dividends, and does not intend to pay any dividends in the foreseeable future, since earnings, if any, are expected to be retained for use in the development and expansion of the Company’s business.

Formation of the Company

Aterra Energy Corporation, Inc. (the “Company”) was originally incorporated on March 20, 2015.

Aterra Energy Corporation, Inc., a Wyoming corporation (the "Company"), provides alternative Energy solutions to various industries.

On March 20, 2015, the Company entered into an Agreement to acquire the Units of New Hampshire Wood Pellets, LLC (NHWP) in a stock for stock (“unit”) purchase with the Company exchanging 38,250,000 shares for all of NHWP’S shares (Units) outstanding.

On March 20, 2015 the Company signed a Stock Swap Agreement with Solar JOOS. The Company exchanged 6,750,000 shares for 841,878 shares of Solar JOOS common stock.

Market for Common Stock and Dividend Policy

The Company’s stock will be quoted on the OTC QB. The symbol that is recommended by the Company is "ATRE".

Under Rule 144, during the period commencing April 1, 2015 and ending April 1, 2016, an additional approximately 33,282,500 of such shares will become eligible for sale under Rule 144. The balance of such shares will become eligible for sale pursuant to Rule 144 upon the expiration of their respective one-year holding periods. In addition, most of the current holders of outstanding Common Stock, options and warrants have “piggy back” registration rights with respect to their securities should certain conditions be satisfied. Sales of outstanding Common Stock pursuant to Rule 144 or otherwise could materially affect the trading price of the Company’s Common Stock. See “Risk Factors – Shares Eligible for Future Sale”, S.E.C. rules impose additional sales practice requirements on broker-dealers who recommend certain low priced “penny stock” to persons other than established customers and institutional accredited investors, an additional customers and instructional accredited investors for transaction covered by these rules, the broker-dealer,must make a determination that based upon purchaser’s financial situation, the investment experience and investment objectives, an investment in penny stocks is suitable for such purchaser and that such purchaser (or independent adviser) is capable of evaluating the risks of transactions in penny stocks. The broker dealer must also provide a prospective Purchaser of penny stocks with certain disclosure materials and obtain the purchaser’s written consent to the transaction prior to the sale. The Common Stock currently is deemed to be “penny stock”. Since broker-dealers must create an extensive paper trail to sell penny stock, many investors are not qualified to purchase penny stocks and classifications as a penny stock often carries negative connotations, an investor may find it more difficult to dispose of, or to obtain accurate quotations as to the market value of the securities offered hereby. An Exemption from “penny stock” status will be available, however, as to the common stock if and when the market price therefore exceeds $5.00 per share, the Company’s net tangible assets exceed $2,000,000 or the Company has an average revenue of at least $5,000,000 over the preceding three years.

To date, the Company has paid no cash dividends on its common Stock. The Company currently intends to retain all future earnings, if any, to fund the development and growth of its business, and it therefore does not anticipate paying any cash dividends in the foreseeable future.

Selling Stockholders

The following table shows for each of the selling stockholders (i) the number of shares of common stocks beneficially owned by each of them as of March 31, 2015, (ii) the number of shares of common stock covered by this Prospectus, and (iii) the number and the percentage of ownership of Common stock after the offering assuming all shares of Common Stock covered by this Prospectus are sold.

Registering Stockholder	Number of shares beneficially owned	Number of shares covered by this Prospectus	Number of shares owned after Offering	Percent of class



Solar JOOS Inc.	6,750,000 (a)	6,750,000	0
Joseph Murphy II	14,243,750	400,000	13,843,750
Grace Kiernan	100,000	100,000	0
John Kehnle	9,753,750	753,750	9,000,000
Don Crummet	3,825,000	825,000	3,000,000
Tony Bruno	5,737,500	737,500	5,000,000
Vince Miceli	765,000	265,000	500,000
Cara Hohenhous	3,000,000	1,000,000	2,000,000
Phil Bartels	1,912,500	412,500	1,500,000
Jack Dudley	956,250	456,250	500,000
Ron Green	956,250	456,250	500,000
Ron Spidell	20.000	20,000	0
Larry Shatsoff	10,000	10,000	0
Hoffmann Trust	20,000	20,000	0
Carrier Trust	20,000	20,000	0
Andrew Rowe	10,000	10,000	0
Steve T Shigemoto	10,000	10,000	0
Stephania Fregosi	5,000	5,000	0
Philip Lau	20,000	20,000	0
Grant Lejonvarn	30,000	30,000	0
Daniel & Kelli Labastie	10,000	10,000	0


Totals	48,155,000	12,311,250	35,843,750

(a) Shares to be received upon completion of Stock Swap Agreement

To the best of the Company’s knowledge none of the selling stockholders has had any material relationship with the Company or any of the Affiliates within the past three years except for their purchase of the common stock offered hereby and convertible preferred stock. The selling stockholders acquired the Common Stock in private placements as part of the acquisitions by the Company. The selling stockholders’ shares are being registered pursuant to the exercise of demand registration rights received in connection with the purchase of such shares.

Plan of Distribution

The shares may be sold by the selling stockholders, or by pledges, donees, transferees or other successors-in-interest. Such sales may be made on the OTC:QB, in privately negotiated transactions, or otherwise, at market prices or at negotiated prices. The shares, may be sold by one or more of the following methods: (a) a block trade in which the broker or dealer so engaged will attempt to sell the shares as agent but may position and resell a portion of the block as principal in order to consummate the transaction. (b) purchase by a broker or sealer as principal in order to consummate the resale by such broker or dealer for its account pursuant to this Prospectus, including resale to another broker or dealer; or (c) ordinary brokerage, transactions and transactions in which the broker solicits purchasers. In effecting sales, brokers or dealers engaged by the selling stockholders may arrange for other brokers or dealers to participate. Any such brokers or dealers may receive commissions or discounts from the Selling Stockholders in amounts to be negotiated immediately prior to the sales. Such brokers or dealers and any other participating brokers or dealers may be deemed to be “underwriters” within the meaning of the Securities Act of 1933, as amended. Any gain realized by such a broker or dealer on the sale of such shares which it purchases as a principal may be deemed to be compensation to the broker or dealer in addition to any commissions paid to the broker by the Selling Stockholders.

The Company will not receive any portion of the proceeds of the shares sold by the selling stockholders. There is no assurance that any of the selling stockholders will sell any or all of the shares of Common Stock covered by this Prospectus.

The Selling Stockholders have advised the Company that during the time they are engaged in distribution of Common Stock covered by this Prospectus, they will comply with Rules 10b-5 and 1-b-6 under the Exchange Act, and pursuant thereto: (i) will not engage in any stabilization activity in connection with the Company’s securities; (ii) will furnish each broker through which Common Stock covered by this Prospectus may be offered the number of copies of this Prospectus which are required by each broker; and (iii) will not bid for or purchase any of the Company’ securities or attempt to induce any person to purchase any of the Company’s securities other than as permitted under the Exchange Act. Selling Stockholders who may be an “affiliated purchases” of the Company as defined in Rule 10b-6 have been further advised pursuant to Exchange Act Release 34-23611 (September 11.1986)., they must coordinate their sales under this Prospectus with each other and The Company for purposes of Rule 10b-6.

Capitalization

The following Table sets forth the Cash, Long Term Debt and total Capitalization of the Company as of June 30, 2015.

	(Audited)
	June 30, 2015

	Actual

Cash	$	(1,796	)
Long Term Debt		0

Convertible Preferred $5,000 Par Value
2,000 shares Authorized, 14.7 shares outstanding		68,500

Common Stock $.0001 Par Value 300 million shares authorized 53,000,000 outstanding		–

Additional Paid in Capital		0

Deficit	$	(70,296	)

Total Shareholders Equity	$	(1,796	)

Audited Pro Forma Condensed Consolidated Statements of Operations for the six month period ended June 30, 2015

The following table summarizes the audited results of operations of the Company for the six month period ended December 31, 2015 assuming the acquisitions of New Hampshire Wood Pellets, LLC and Solar JOOS had occurred on January 1, 2015. The audited financial information presented is not necessarily indicative of the results of future operations.

	June 30, 2015

Net Sales	$	0
Cost of Sales
Gross Margin
Selling, general and administrative expenses		70,296
Gain (Loss) from Operations		(70,296	)
Interest Income		0
Interest expense		0
Net Gain (Loss)		(70,296	)

Net Gain (Loss) per share		(0.00	)

Cash	$	(1,796	)

Accounts Receivable		0
Fixed Assets		0
Intangible Assets		0
Other Assets		0
Total Assets	$	(1,796	)

Accounts Payable and Accrued Expenses		0
Income Taxes		0
Due to Related Parties		0
Long Term Debt		0
Other Liabilities		0
Total Liabilities	$	0

Total Shareholders' Equity	$	(1,796	)

Selected Consolidated Financial and Operating Data

The Following selected financial data as of December 31, 2014, 2013, and 2012 are derived from the financial statements of NHWP which have been audited by Murphy Powers & Wilson CPA and are included elsewhere in this prospectus.

	Fiscal Year Ended December 31,
	2014		2013		2012
Statements of Income
Revenues		0		0		0
Cost of sales		0		0		0
Gross profit		0		0		0

Operating Expenses
Sales, General & Admin.		0		0		0

Income (Loss) from Operations		0		0		0

Net Income (Loss) from Operations		0		0		0

Net Income (loss)		0		0		0

Earnings (loss) per share		0		0		0

	December 31,
	2014		2013		2012
Balance Sheet Data		0		0		0

Working Capital		0		0		0

Total Assets		0		0		0

Total Long-Term debt, including current Maturities		0		0		0

Total Shareholders' Equity		0		0		0

Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following discussion and analysis provides information that management believes is relevant to an assessment and understanding of Aterra Energy Corporation, Inc. and its subsidiaries (collectively, "the Company"), consolidated results of operations and financial condition for the three years ended December 31, 2014. The discussion should be read in conjunction with the Company’s consolidated financial statements and accompanying notes.

The Company, since its recent acquisitions, operates predominately in the solar and wood pellets industry providing a broad range of alternative energy services.

Acquisition Agreements

The investment in Solar JOOS, Inc. and the acquisition of New Hampshire Wood Pellets LLC will be accounted for as an investment in the former and under the purchase method of accounting regarding the latter under generally accepted accounting principles. The Company believes that through the combination of both will be better able to capitalize on the world wide growth in the alternative energy industry. In addition, the Company expects these companies will be able to derive significant advantages from the more efficient utilization of their combined assets, management and personnel.

Principles of Consolidation

The Consolidated financial statements include the accounts of the Company and its wholly owned subsidiary.

Liquidity and Capital Resources

On March 20, 2015 the Company acquired the assets of New Hampshire Wood Pellets LLC through the issue of 38,250,000 shares of Common Stock. Also, on March 20, 2015 the Company accomplished a Stock Swap with Solar JOOS, Inc. The acquisitions, particularly the investment in Solar JOOS, Inc. greatly improved the Company’s financial position.

However, cash used in operations was approximately $2.5 million in the years ended December 31, 2009, 2010 and December 31, 2011 respectively. The Company was able to overcome these shortfalls by converting the debt to Common Stock.

Business

The Company is engaged in alternate energy solutions through its investment in Solar JOOS, Inc. via a Stock Swap of common shares dated March 20, 2015; whereby the Company exchanged 15% of its common shares outstanding with 15% of Solar JOOS’ common shares outstanding and its operating subsidiary New Hampshire Wood Pellets LLC. which is in the business of sustainable production, sales and distribution of wood pellets for heating.

Solar JOOS

Solar JOOS was awarded

Awarded top honors for Best of Innovation in the Eco-Design and Sustainable Technology product category by the International Consumer Electronics Association (CES)

Wired Magazine - 9/10, Editor’s Pick

Outdoor Life – Best portable solar charger, Editor’s Choice

Solar JOOS has entered into the following Agreements:

Exclusive sales agreement to provide the market-leader in battery-powered, time-lapse specialty cameras, Brinno Inc. (www.brinno.com), with Solar JOOS chargers

Patents issued to Solar JOOS are:

Patent #8,531,152 protects low-light circuitry, which gives all product lines competitive differentiation and power-production advantage;

Patent #8,629,646 protects Internet-based data uploads to capture energy credits and reward users for solar energy production

New Hampshire Wood Pellets LLC

NHWP, a wholly owned subsidiary of the Company, was formed for the purpose of producing certifiable premium wood pellets that meets or exceeds industry standards; selling to the residential market via distributors, directly to the some of the largest distributors in the U.S. using their company’s manufactured pellet under the distributor’s private label, and to large-scale commercial operations by creating alliances with wood pellet boiler/ furnace manufacturers.

Industry Outlook

Solar JOOS

Solar rechargeable battery market is highly competitive and extremely price sensitive, The Company believes that is can successfully compete in these markets due to several factors including a) it’s name recognition, b) its patents c) the present agreements that is already has and f) its substantial knowledge and understanding of the markets it is seeking to penetrate.

New Hampshire Wood Pellets

The demand for domestic wood pellets has far outstripped the supply as evidenced by the shortage of wood pellets over the last two consecutive years whereby the manufactures of wood pellets have run out of production. A major cost of this phenomenon is the ever increasing a) price of fossil fuels and b) knowledge by domestic consumers of the dramatic impact wood pellets has on their heating bills as witnessed in Europe

Company Strategy

Solar JOOS

Solar JOOS” principal objective is to achieve continued growth by providing a variety of products in the solar energy area and creating the infrastructure to deliver and support those products in a timely and cost effective manner.

Expansion of distribution channels – As the solar energy field is highly competitive, it is imperative that Solar JOOS continue its ongoing efforts to add distribution and sales channels for its products. Solar JOOS will aggressively seek distribution outlets in countries in which it currently has a presence and those which have been targeted for future growth. These distribution outlets will include chain stores, sporting goods stores, cell phone stores, resellers of survival equipment and on the internet such as through Amazon.com. In certain instances, businesses will be acquired which can immediately add distribution channels and profitability to the company.

Strategic partnerships will be developed with parties who occupy strategic positions and have substantial market share in the solar related industry in a specific territory and are capable of marketing, selling and distributing Solar JOOS products and services in significant numbers.

NHWP

Management recognizes that in order to succeed in the market several key factors must be realized with pellet quality being the predominant concern among pellet dealers and consumers. Pellet stove dealers will be reluctant to carry an inferior product therefore the manufacturing process is structured to produce a consistent high-quality pellet.

We have agreed to supply Pellets Now, a large wood pellet distributor with our wood pellets to be bagged under New Hampshire Premium Pellets™ which will allow us to sell a much higher percentage of wood pellets at inception. Pellets Now will pick up their production at the site. The same is true with the French Trading Group but they have not informed us if they have a private label name they wish to use.

Proprietary Technology

Solar JOOS

Solar JOOS has two patents and another one pending

NHWP

NHWP will employ various state-of-the-art technologies that will increase the efficiency of production. However, unlike Solar JOOS. There are no proprietary technologies created by NHWP. Rather NHWP will purchase all of the technology-related capital equipment from recognized vendors. The pellet product itself will exceed national standards, but it is not considered proprietary in itself.

Product Advantages

NHWP will provide customers with distinct advantages over existing pellets on the market. Consistent and reliable production of a high quality pellet has been identified as the single most influential factor affecting sales. The product, New Hampshire Premium Pellets™ will consistently meet national premium pellet standards for fines and ash because of the state-of-the-art production technology utilized and the constant quality assurance testing performed.

Markets

Solar JOOS

At present there are billions of cell phones. lap tops and tablets in existence all of which require power. Solar JOOS has been rated the #1 solar rechargeable battery in the world by Hammacher Schlemmer. That market alone is enormous. However in addition to that industry there is the remote camera industry in which Solar JOOS has a signed agreement with BRINNO but it doesn’t stop there; such as the electric billboard industry, airport security industry, the auto and aerospace industry to name a few.

New Hampshire Wood Pellets LLC

The number of pellet appliances shipped for the period 1998 thru 2012 was 935,157 units for U.S. shipments. The number of pellet appliances shipped in 2013 was 54,055 units, a change of 12%. This excludes pellet appliances made prior to 1998 and the commercial appetite for wood pellets, which is in the incipient stage. It is generally assumed that an average family in the U.S. will burn an average of 4 tons of wood pellets per year (page #5 of the USDA North America’s Wood Pellet Sector dated 9-2009). This average number is even higher in our targeted market because of the extended cold winters. Using the calculated U.S. shipments arrived at above; it can be assumed that the domestic demand for short tons of wood pellets will be approximately 4.0 million in 2014.

There are approximately 900,000 homes in the U.S. using wood pellets for heat, in freestanding stoves, fireplace inserts and even furnaces. Pellet fuel for heating can also be found in such large-scale environments as schools and prisons. North American pellets are produced in manufacturing facilities in Canada and the United States, and are available for purchase at fireplace dealers, nurseries, building supply stores, feed and garden supply stores and some discount merchandisers.

The pellet stove has significant differences from traditional wood stoves. A major difference, of course, is the feedstock. Pellet stoves require pellets and cannot burn traditional logs. The stove itself features convenient items not possible in conventional stoves. A hopper bin is integrated with the stove that may hold as much as 90 pounds of pellets, which are automatically fed by auger to the combustion box. Thermostatic controls allow for precise monitoring of temperature. The stove has an installed price of $2,000 to over $4,000 depending upon usage patterns and housing characteristics. A pellet stove may burn as much as two to five tons of pellets per year.

The European market is more advanced and matured than the domestic market as European governments have subsidized wood pellet stoves for several years. This has been addressed in the ARRA, with the availability of the 30% (up to $1,500) consumer tax credit for the purchase of a 75% efficient biomass-burning stove as measured using a lower heating value. NHWP expects this to have a major impact on the pellet industry as more consumers look to save money in these especially hard economic times and address the environmental concerns of fossil fuels by purchasing wood pellet stoves.

Pellet Industry Trends

Throughout North America, pellet mills receive, sort, grind, dry, compress and bag wood and other biomass waste products into a conveniently handled pelletized fuel.

Due to the attractiveness of pellet heat to the consumer market, pellet appliance manufacturers are committed to supporting the development and investing in research to further the sophistication of the appliances.

Pellet mills produce two grades of fuel – premium and standard. (New grades have been recently released by PFI, but as of today there is little demand for the new grades such as super premium.) The only difference between the two is ash content. Standard grade fuel is usually up to 3% ash content, while premium grade is less than 1%. This difference is a result of the pellet contents. Standard pellets are derived from materials that produce more residual ash, such as tree bark or agricultural residues. Premium pellets are usually produced from hardwood or softwood or a combination of both that contains no tree bark. Premium pellets make up 95 percent of current pellet production and can be burned in all appliances. Standard pellets should only be burned in appliances designed to burn the higher ash content pellets. NHWP will only sell a premium grade that will be described as New Hampshire Premium Pellets™.

Marketing and Sales

Solar JOOS

Solar JOOS will commence an aggressive marketing effort for all of the products and services described. In order to successfully penetrate the targeted areas, marketing activities currently being undertaken will be expanded and improved. Solar JOOS will be presented as a full service solar energy company

NHWP

To succeed, NHWP must establish a satisfied network of customers. The primary customers will be pellet distributors and dealers.

Product Strategy

Management recognizes that in order to succeed in its market segment, several key success factors must be realized. Pellet quality and consistency is the predominant concern among pellet appliance dealers and consumers. Pellet stove dealers will be reluctant to carry an inferior product. The stove dealers often have maintenance contracts with customers to ensure that their stoves are operating properly. The use of lower quality pellets will cause stoves to malfunction more often, which will increase the dealers cost of servicing the contracts. Therefore dealers have an incentive to only sell high quality pellets, because they can lower their servicing costs and maintain profitable margins.

Production quality control will begin well before initial distribution of the New Hampshire Premium Pellets™ to appliance dealers. The machinery startup period will be an important aspect of quality control and will result in the consumption of several hundred tons of feedstock. The purpose of the startup phase is to become familiar with the equipment and to minimize potential production problems over the long-term. NHWP’s manufacturing team will experiment with different feedstock, feedstock combinations, moisture content, production rate, and other variables to ensure the production of a consistent, high-quality product.

Control of sales growth will be important. It is anticipated that NHWP will be able to sell all of the pellets that it produces. The strategy is to limit sales in the initial year of production.

Advertising and Promotion

Historically, most pellet manufacturing firms have not needed to advertise their product because there has been more demand than supply. NHWP does not anticipate large scale advertising in the initial two years with the exception of trade magazines and being at trade shows in the Northeast. Local advertising will incur minimal cost during the first two years of operations.

Additionally, NHWP's sales representatives will drop off sample bags to the small retailers so that they can test the product themselves. From our numerous conversations with small retailers, they will not sell any wood pellet to their customer base without initially testing on their own stoves.

NHWP intends on making the New Hampshire Premium Wood Pellets™ brand the premier pellet product in the northeast by concentrating on quality and growing accordingly. The pellet manufacturing industry surveys indicate that there is considerable loyalty or allegiance that is fostered by word-of-mouth among consumers and through blogs on the Internet.

Plan of the Wood Pellet Mill

Customer Service

NHWP strives to provide superior customer service and believes that personal contact with potential and existing customers is a significant factor in customer acquisition and retention.

Acquisitions

The Company’s strategy is to supplement its growth though selective acquisitions. The Company believe that in some instances it is faster and less expensive to buy companies with customer bases rather than developing a customer base through internal marketing or sales effort. The Company believes that many smaller companies are willing to sell their customer bases because they have been unable to manage the growth of their enterprises or attract the capital necessary to finance receivables and develop a management and systems infrastructure.

Government regulation

Solar JOOS

In addition to federal regulation, sellers of solar services may be subject to regulation by the various state regulatory authorities. The scope of such regulation varies from state to state, with certain states requiring the filing and regulatory approvals of various certifications and state tariffs

Competition

In general, the solar industry is characterized by frequent introduction of new products, services and changing consumer preferences. The markets for solar products and services are constantly being redefined as new products are brought to market and exiting product life cycles are shortened. The Solar JOOS's success will be highly dependent on anticipating and responding to the constant changes taking place in the solar industry and ensuring that it can continue to compete on the basis of price, service and product offerings.

The number of participants in the solar industry id extensive and therefore no discussion of any one individual competitor is provided within the segment of solar providers.

Management - NHWP

Management Positions and Age

	Name	Position	Age
1	Joseph J. Murphy	Chairman and CEO	76
2	Gary Smith	Controller	73
3	Giulio Anthony Bruno	Vice President, Plant Operations	77
4	John Kehnle	Sr. Vice President, Administration	65
5	Wellington P. Bartels, III	General Manager	70
6	Construction Management LLC	Construction

Officers’ Resumes

Joseph J Murphy. Mr. Murphy has served as our Chief Executive Officer and director since inception. He has more than 40 years of experience in investing in, starting up, building, operating and managing successful businesses. Mr. Murphy is the Chairman of the Board of Directors of Solar JOOS Inc, was an adjunct professor of Economics and Finance at Sacred Heart University, and has authored five books. He was formerly the Chairman and Chief Executive Officer of DCI Telecommunications Inc., an OTC company; Executive Vice President, Chief Financial Officer and member of the Board of Directors of Aquarion, Inc., a New York Stock Exchange company; Vice President and Chief Financial Officer of The Southern Connecticut Gas Company, a New York Stock Exchange company. In addition, he was a member of Price Waterhouse and served as an officer in the United States Marine Corps.

Mr. Murphy has served as a member of the Boys/Girls Club of Bridgeport, served on the economic advisory board for Fairfield University and Sudden Infant Death Syndrome (SIDS) for Fairfield County and is a member of the FBI/Marine Corps Assn. He was also a member of the National Association of Water Companies and The Patterson Club.

Mr. Murphy earned a Bachelor of Business Administration and Masters of Business Administration from Iona College. Mr. Murphy has spent the last several years working for the company.

Gary F Smith. Mr. Smith, a Certified Public Accountant has worked for one of Big Four public accounting firms, but the majority of his experience in the financial management of Non-Profit Higher Education. He was the secretary/treasurer and one of the founders of a for–profit corporation which sold computer animation systems based upon university applied research. As an adjunct professor of accounting he taught in the graduate and undergraduate programs at Adelphi University. He has served on the local school board as president and chairman of its finance committee. Mr. Smith earned a Bachelor of Science in accounting from Fordham University and a Masters of Business Administration from Adelphi University.

Giulio Anthony Bruno. Mr. Bruno joined NHWP and has served as its Vice President Plant Operations since March 2007. Mr. Bruno has more than 35 years experience in energy conservation and hazardous materials management, especially in the facilities and plant industry. He is presently a consultant with a security operations training facility in Fayetteville, North Carolina.

Mr. Bruno earned a Masters Degree (MS from Eastern Carolina University) in Industrial Technology where he graduated with honors. He also earned a Bachelor of Science degree in Industrial Technology from Southern Illinois University. Mr. Bruno has spent the last several years working for the NHWP. Mr. Bruno was manager of the central utility plant at Fort Bragg, and was responsible for 2.2 MW power facility, with fully automatic main switch gear controls. He is also am a certified energy auditor recognized by the Department of Energy in all states including possessions. Mr. Bruno managed all potable and waste water (water in and out).

Prior to this, Mr. Bruno was the Manager of the Central Utility Operations for SOTF and was responsible all Boilers, Chillers, (Refrigerant Certified) Potable Water, Waste Water, Compressed Air, Generators, Uninterruptible Power, Main Switchgear, All Power Mains and Subs, Spas, Swimming pools (Operator Certified), All Chemicals (including Handling, Storage, Transportation, and Disposal), Computer Controlled Air Handlers, Fuels, and Fuel Storage, and All night time Security and Lighting. He has worked for this company 14 years.

Prior to this position, Mr. Bruno was Equipment Control Manager for the Xerox Corporation in White Plains, NY Branch. The responsibilities included refurbishing of all models of Xerographic and Photo static equipment in multiple locations. This included all the parts inventory and ordering for the branch. Mr. Bruno has worked for Xerox for 14 years and was rated in first place the last three years in this position against 12 other Xerox branches in the North East Region.

John F. Kehnle. Mr. Kehnle serves as our Vice President – Administration and joined the NHWP in March, 2007. Mr. Kehnle has more than 30 years experience in banking including but not limited to operations, compliance, information technology and auditing. Mr. Kehnle was involved in the start-up of a foreign branch in NY. He was also the internal auditor and then the operations officer for the $25 billion foreign branch of Nordea Bank operating in the U.S. Prior to that he was audit supervisor for Irving Trust Company.

Mr. Kehnle was a founder and Vice President - COO of b4nAfterApplications LLC, a software company specializing in compliance, audit and corporate cash management systems between 2003 and 2006. Mr. Kehnle has spent the last two years working for the company. During this time he has become familiar with the wood pellets industry, researching industry standards including the new Quality Assurance/Quality Control program from the Pellet Fuels Institute.

Mr. Kehnle earned a Bachelor of Business Administration from Bernard M. Baruch College (CUNY) and a Master of Business Administration from St. John’s University.

Wellington P. Bartels III. Mr. Bartels has joined NHWP and will serve as General Manager of the wood pellet facility. Mr. Bartels worked in various capacities for Timco Inc. in Center Barnstead, NH for 25 years, 12 of those years as President & General Manager. Timco was a leading United States based manufacturer of eastern white pine servicing nationwide markets including chain markets. Position required acumen in full life cycle industry operations. Mr. Bartels has substantive knowledge of round wood, chipping and chip production, finished lumber and palletizing and shrink wrapping for shipment. Mr. Bartels successfully recruited, trained, retained, and directed a multidisciplinary assembly of high caliber industry professionals tasked with managing a workforce of 125 employees, eight of which were supervisor level employees, all of which reported to me directly. Under Mr. Bartels’ direction, Timco Inc. nearly doubled total sales within a seven year period.

Mr. Bartels earned a bachelor’s degree from the University of Phoenix in Business Management and an associate’s degree in Computer Science from the New Hampshire Technical Institute.

Mr. Bartels served as chairman of the grading rules committee for the Northeast Lumber Association (NELMA) for the term of three years, and on its board of directors for the term of nine years.

Construction Management LLC

Jack Dudley and Ron Green are managing partners of CM and are 20 year veterans of the US wood pellet industry, which includes owning and running a wood pellet mill as well as constructing numerous wood pellet mills. CM will be ongoing consultants to the NHWP after commission date of the wood pellet mill. Below is a list of wood pellet mills constructed:

Future Fuels Corp. located in Batesville, AR

In 2006, Future Fuels Corp. built an R&D wood pellet plant with the purpose of using residual materials generated as a by-product of one of their many experimental projects. This plant includes two pellet mills. The Münch-Edelstahl pellet mill ran at 3 tons per hour capacity during trials but due to the status of the residual-producing experimental project, this pellet plant is currently mothballed.

Biowood, LLC located in Monticello, AR

Biowood, LLC is one of several pellet manufacturing sites supplying the wood pellet division of Pennington Seed. Phase 1 was started up in December, 2006. This included two Münch-Edelstahl pellet mills. Currently, Biowood is producing 6 tons per hour of premium pellets. The plant was designed to eventually add a third pellet mill for phase 2. It took approximately 6 months after start-up to achieve the rated phase 1 capacity of 6 tph. They have been consistently running at that level since.

Great Lakes Renewable Energy, Inc. located in Hayward, WI

GLRE began the construction of phase 1 in May of 2008. Initial startup began in late November of 2008. Phase 1 includes 3 Münch-Edelstahl pellet mills, for a combined rated capacity of 9 tons per hour. Currently the plant production level is @ 65-70% of the rated design capacity of 9 TPH. Each pellet mill has run at 3 tons per hour when raw material was sequenced to their respective pre-bins, with 100% capacity expected within the next 30-45 days.

During phase 2, GLRE will add three more pellet mills and a second drying system. The cooler and pellet storage system as installed in phase 1 are both designed to handle the increased production of phase 2 for a combined output of 18 tons per hour. The bagging system will also be upgraded from the current manual system to a fully automated bagging system during phase 2.

Piney Woods Pellets, LLC located in Wiggins, MS

Like Great Lakes Renewable Energy and Bayou Wood Products, Piney Woods Pellets, LLC chose to build their plant in 2 phases. Phase 1 includes 3 Münch-Edelstahl pellet mills, each rated at 3 tons per hour. It also includes a Münch-Edelstahl pellet cooler, a fully automatic bagging system, and an EarthCare dryer system. Piney Wood Pellets began construction in late January, 2009 and made their first finished pellets in mid-May, 2009. At this early stage of start-up and training, they are running the pellet mills one at a time, with each pellet mill having been operated at its capacity of 3 TPH. Estimates are that the plant will be producing at the rated phase 1 capacity of 9 tons per hour by fall of 2009.

At phase 2, Piney Woods Pellets will add three more pellet mills and a second drying system. The cooler, bagging system, and pellet storage system from phase 1 are designed to handle the increased production of phase 2 for a combined output of 18 tons per hour.

Demand for Wood Pellets

Demand for wood pellets is growing worldwide. Demand for wood pellets in the US has been great in the 2013-2014 and 2014-2015 heating seasons with many manufacturers running out of product. During 2009 and 2012 there were pockets of oversupply in sections of the U.S. where proper forecasting of potential local sales by certain wood pellet mills had been lacking. During the end of 2007 and throughout 2008 when there was a general shortage of wood pellets in the U.S., the lack of proper forecasting for these wood pellet mills was not obvious. Only when equilibrium between supply and demand was reached in 2009 was their poor planning exacerbated and made clear.

NHWP will be one of two major producers located in New Hampshire. There is currently a shortage of quality-locally manufactured wood pellets in the Northeast, which became evident in our discussions with the small retail base that we would be selling a portion of production to.

The sales of wood pellet stoves and inserts represent only 5% of the total appliances sold in the U.S. in 2009; plenty of room for growth. Sales of pellet burning appliances hit a snag in 2009 mirroring the U.S. economy (see table below: source is the Hearth, Patio and Barbeque Association), which are a direct barometer of future demand for wood pellets. The primary reason for this decline in sales is that wood pellet stoves and inserts sell primarily to the middle class in the U.S. With economic conditions the way they are today, middle class Americans are refraining from buying high ticket items for the time being.

Natural gas is an alternative to wood pellets as it is relatively inexpensive. This fossil fuel took a black eye when the infrastructure in a small California town deteriorated to the point that a town was wiped out with an explosion. Subsequently it has been well documented that the natural gas infrastructure throughout the U.S. is aging, therefore having a negative impact on future sales.

As the USA moves to become Energy Independent and the number one oil exporter in the world, major oil fields in both the Middle East and Central America are in decline, thus continuing the upward pressure on global demand for wood pellets which tracks #2 oil.

The number of pellet appliances shipped for the period 1998 thru 2012 is 935,157 units for U.S. shipments. The number of pellet appliances shipped in 2013 was 54,055 units, a change of 12%. This excludes pellet appliances made prior to 1998 and the commercial appetite for wood pellets, which is in the incipient stage. It is generally assumed that an average family in the U.S. will burn an average of 4 tons of wood pellets per year (page #5 of the USDA North America’s Wood Pellet Sector dated 9-2009). This average number is even higher in our targeted market because of the extended cold winters. Using the calculated U.S. shipments arrived at above, it can be assumed that the domestic demand for short tons of wood pellets will be approximately 4.0 million in 2014.

Since the U.S. wood pellet market is in its infancy stage in comparison to Europe, using Europe as the benchmark, the anticipated demand for wood pellets in Europe is expected to increase 1,900% from 2001 to 2013 (source: Pellets@las and Wood Resource Quarterly)! The primary reason for this huge increase is that Europe is now co-firing wood pellets with coal in their power plants to reduce their carbon footprint. This has yet to catch on in the U.S. due to cap and trade legislation currently not in place.

While this capacity continues to increase domestically, the number of domestic pellet mills producing domestic pellets (vs. European pellets, which are physically and quality-wise different) lags behind. There have been several large wood pellets facilities constructed or planned to be constructed in the southeast region of the U.S. but they will manufacture and export a “European wood pellet” to meet this demand.

Future Demand

As mentioned previously, state-level renewable portfolio standards are now mandating that U.S. utilities begin the process of embracing biomass. Recently a study was conducted to assess interest in biomass generation and identify some of the issues and challenges pertaining to conversion to biomass. Twenty-five percent of the utilities interviewed stated that their interest in increasing the use of biomass fuel was a “10” on a 1 to 10 scale (with 10 the highest). Across all utilities, the median response was 7.5 out of 10. This level of interest was driven by renewable energy standards as well as many utilities' limited ability to increase use of hydro, wind and solar power.

If these forecasted levels are going to be approached much less achieved, a variety of wood biomass sources will be required to meet anticipated demand. Competition for biomass resources could become fierce. Add in local or geographic implications and the supply equation for any individual utility becomes very interesting.

Pellet Stoves

Pellet stoves offer considerable advantages over traditional wood burning stoves including:

1. increased ease of operation,

2. reduced ash disposal,

3. improved combustion efficiency and

4. reduced air emissions.

High combustion efficiency is due to the uniformly low moisture content of pellets (consistently around 10% compared to 20 to 50% moisture content in cordwood). Uniformly low moisture, controlled fuel batches, and precisely regulated combustion air means high heat output and a very low level of unwanted emissions.

Industry Outlook

Wood pellets are an inexpensive form of energy that is recession proof. Not only is pellet heat environmentally stable and renewable -- it is priced reliably low as well – it is also locally available, thereby reducing our dependency on foreign oil. Wood pellets are carbon neutral; i.e. they produce 90% less CO2 than fossil fuels with minimal emissions of sulfur, heavy metals and particulates per the U.S. Department of Agriculture (USDA). There is and expects to be by all accounts a shortage of wood pellets in the world. While NHWP will concentrate on its residential heating business it will also look to selling to the animal and agricultural markets.

NHWP has been looking into the possibility of working with a large manufacturer of a forced hot air wood pellet furnace that offers up to eight times the British thermal units of typical forced-air furnaces currently sold in the U.S. It expects the their system to bolster wood pellet markets and boost business by supplying wood pellet mills with a steady requirement for stocking inventory during the summer months.

The furnace ranges from 450,000 to 850,000 Btu, compared with the 100,000 Btu available in the U.S. today. Many existing furnaces require heat exchangers using hot water piping converted to forced air, but the new system is capable of producing heated air volumes directly in the appliance and blowing the air into the ducting. The system also includes low-profile feedstock hopper modules that can store 8,000 pounds each of wood pellets. The modules consist of a small steel bin on the bottom and a 1-ton super sack in the upper bin.

This will allow NHWP to build a market during the slow time in the summer. The objective is the animal/ agricultural growing barns. The wood pellet industry can tag along with the furnace system’s development and create a high-quantity market. The strategy reflects NHWP intentions to emphasize to the customer that he gets his supply during the summer with the easy-to-store super sack concept on-site for use during the winter months. If they wait until late fall they simply won't get the pellets while NHWP is answering the call for the residential premium market.

The average animal barn will require four 0.5 million to 1.0 million BTU’S forced air furnaces unit requires 200 tons of wood pellets a year. Thus one average sized barn would require approximately 800 tons of wood pellets annually. There are tens of thousands of barns in the USA with a fair number of them residing in NHWP area of operation (all New England and New York). These units which are waiting for UL approval, on average, save the animal farmer up to 65% savings in fuel cost because they normally use propane or oil.

The vast majority of wood pellet plants in the USA are either exporting the product to Europe or selling the product to the residential market. Very few if any are addressing the lucrative animal and agriculture markets.

Although the national market is large in the animal industry for forced air heating, some 82,000 grower barns in the US alone, our investigations have led us to realize that there is a very large market locally. The animal industry in just New Hampshire shows us more than 600 animal barns. Simply based on our ability to cut 50% to 60% off the typical LP gas heating bill with capital investment paybacks in less than 3 years The potential has not been addressed by other wood pellet manufacturers who are heavily into the residential market or exporting to Europe.

Air quality is an important management consideration with animals. Using horses as an example (excluding wood shavings which we can also provide), they are grown in large, well maintained buildings. The controlled environments in these buildings provide many advantages by controlling light and temperature. But in the North Eastern United States the extreme external temperatures involved in winter time production require good management practices to economically provide a good house environment.

Pellet Boilers for Commercial Use

After more than thirty years in residential heating, the pellet fuel industry has entered into large-scale commercial applications over the last ten years, providing heat and energy (boilers) to schools, theaters, prisons, manufacturing facilities and farms. It is now possible to use pellet fuel in many public or commercial settings.

Feedstock Procurement

NHWP will not rely on purchasing sawdust to be its feedstock. NHWP, through its procurement agent Cousineau, will purchase a mixture of hardwood and softwood whole trees, which will be debarked, ground and mixed at the site and will become our primary source of feedstock. The advantage of this is that we will be creating the proper mixture of hard and soft wood as it moves through the dryer to get a consistent pellet.

NHWP has reached a long-term agreement with Cousineau Forest Products (Cousineau) one of the largest brokers in New England who is located near the site.

Cousineau is a well established and a highly respected old-line company established in 1958. It has operations that stretch down the east coast from Maine to Florida. Cousineau has verified our finding in our Wood Study, i.e. there is an abundance of wood surrounding the site in Center Barnstead.

Cousineau will provide NHWP with the wood required at the wood pellet mill by handling the trucking and procuring the best available price for the wood mix. This service will provide NHWP with a reliable supply of mixed wood in order to run the businesses efficiently.

There is a substantial wood-resource base that will be the feedstock for the pellet product; this wood supply base is defined as the bulls-eye-area, (BEA) which is the fifty mile radius surrounding the Site.

A major benefit of the site is that it has enormous potential for growth and, unlike other wood pellet mills, has an enormous capacity to build and store inventories of:

(1)Roundwood pulp logs,

(2)Wood chips and

(3)Wood pellets as the packaged end-product.

Below is a map of forest residue, which is logging residues and other removable material left after carrying out silvicultural operations (logging residue, unused portion of trees, cut or killed during the logging process) and site conversions by each state. This provides a snapshot of the five major areas in the U.S. where there is an abundance of wood.

Major Customers

Solar JOOS

Solar JOOS Online Website

Solar JOOS began selling online, and it plans to continue to do so. Enhancing the Web site is key to this effort and central to Solar JOOS's plans is the creation and launch of JOOSWorld in 2014 (See below.)

Amazon

Solar JOOS sells on Amazon today through online resellers. With funding it plans to sell to Amazon directly and thereby substantially increase its visibility in Amazon's sphere of influence.

Online Resellers

Today, several online resellers sell the JOOS Orange. This group includes Go Green Solar, etailz, Pipeline 24 and others. With funding, Solar JOOS is highly likely to decrease the number of resellers and focus only on the most capable of them within particular market sectors.

Outdoor Market Bricks & Mortar

Solar JOOS sells its products through REI, Campmor and Eastern Mountain Sports. It will continue to expand these relationships to other outdoor retailers as it introduces new products.

Mass Merchandisers

Verizon leads the list of mass merchandisers Solar JOOS plans to target with the release of its smaller solar charger, the JOOS plum. Other mass merchandisers with whom Solar JOOS wishes to establish a supplier relationship are Lowes Home Improvement, West Marine, B&H Photography, A&T, Sprint, Fry’s Electronics and others.

Outdoor Market Distributors

Once sales volume increases to the point that economies of scale will reduce the cost-of-goods/manufacture, Solar JOOS will sell to outdoor distributors. Potential outdoor distributors include Wynit and Liberty Mountain, and others.

Mass Market Distributors

As with outdoor distributors, selling to mass distributors will begin once cost-of-goods/manufacture has decreased sufficiently due to scale economies. The target list of mass distributors includes Superior Communications, D &H, Ingram Micro and others.

Commercial/Government Solutions

Solar JOOS plans to sell to the US government and military troops deployed in 150 countries around the world, many of which are in remote areas with limited access to a static supply of power.

Solar JOOS will also sell to non-profit NGOs serving remote areas of the world. Examples in this category are Medecins Sans Frontieres, CARE International, and BRAC, as well as U.S. military and government personnel deployed around the world. Servicing these remote areas requires world-class performance, an attribute repeatedly heralded by the many reviews conducted on Solar JOOS’ JOOS Orange.

Brinno Incorporated, a maker of a specialty time-lapse camera for the construction industry is a commercial customer.

NHWP

The major customers of NHWP are possibly two large wholesale distributors which are The French Trading Company, and Pellets Now.

Manufacturing

Solar JOOS

Solar Joos believes that its relationships with a number of solar manufacturers is satisfactory and that numerous sources for solar products are currently available if needed. The loss of the services of any one manufacturer or substantial price increase imposed by such manufacturer would not have a material adverse effect on Solar JOOS as alternative sources of supply are readily available.

NHWP

The number of tons anticipated to be manufactured each year and the location of the wood pellet plant significantly affect the cost of the delivered wood pellet fuel. A key determinant of pellet plant size is the distance from which raw biomass (fiber basket) must be harvested to produce the requisite volume of pellets. Since raw biomass can have a moisture content of up to 50 percent, inbound transportation costs to the pellet plant can become significant as distances increase.

Employees

Solar JOOS

As of the document date, all Solar JOOS personnel are independent contractors. Upon funding, Solar JOOS initially will employee five (5) individuals full-time. More employees will be added as the need increases.

New Hampshire Wood Pellets

As of the document date, NHWP has six full time employees and consultants. NHWP considers its relations with its employees to be satisfactory. None of the employees are represented by labor unions.

NHWP will create 26 full time jobs during the initial full year of operations. There will be approximately 30 construction jobs created during the build-out. The contractors expect to have an additional 15 jobs created back at their shops. With respect to the amount of wood that will be delivered as fuel and feedstock (approximately 198,000 tons) it is expected that there will be a total of approximately 150 jobs created for truckers, loggers, attendants at gas stations, portable chipping operations, pallet operations, local lodging, restaurants, and stores, etc.).

Job Descriptions	# of Jobs	Status of Job
Working for New Hampshire Wood Pellets	26	Permanent
Construction on site	30	During construction only
Construction at contractor’s shop	15	During construction only
Concomitant jobs (truckers, loggers, pallet operations, etc.)	150	Permanent
Total jobs created	221

Patents

Solar JOOS

Patent #8,531,152 protects low-light circuitry, which gives all product lines competitive differentiation and power-production advantage;

Patent #8,629,646 protects Internet-based data uploads to capture energy credits and reward users for solar energy production.

Infringement Claims

None

Legal Proceedings

None

Board Directors

The number on the Board is currently fixed qt three (3). The Board of Directors stands for re-election at each annual meeting of the stockholders. Officers are appointed by and serve at the direction of the Board of Directors.

The Audit Committee of the Board of Directors currently consists of three (3) members. The Audit Committee recommends the appointment of the auditors and oversees the accounting and internal audit functions of the Company.

The Compensation Committee of the Board of Directors currently consists of three (3) members. The Compensation Committee determines officer's salaries and bonuses and administers the Company's Stock Option Plans.

The Nominating Committee of the Board of Directors currently consists of three (3) members. The Nominating Committee recommends to the full Board of Directors persons to be nominated to serve as Directors.

Executive Compensation

The following table sets forth the compensation paid and accrued

Name & principal Position	Annual Compensation

Joseph J Murphy
Chairman & CEO	$150,000

John F Kehnle	$150,000
Sr. VP and CAO

Principal Shareholders

The following table sets forth the beneficial ownership of Common Stock of the Company as of March 31,2015 by: (i) each of the Company’s executive officers and directors, (ii) each person who is known by the Company to own beneficially more than 5% of the outstanding shares of Common Stock, and (iii) all of the Company’s officers and directors as a group:

Name of	Amount and Nature of
Beneficial owner	Beneficial Owner	Percent of Class

Joseph J Murphy II	14,343,750	27.1
John F Kehnle	9,753, 750	18.4
Tony Bruno	5,737,500	10.8
Don Crummet	3,825,000	7.2
Phil Bartels	1,912,500	3.6

All Executive Officers and Directors as a group	37,485,000	70.7%

Certain Transactions

Initial Capitalization

On March 20, 2015 the Company issued a total of 37,485,00 shares of its $0.0001 par value Common Stock to its officers and directors, through its acquisition of New Hampshire Wood Pellets, LLC, as follows; its Chairman and CEO and Director Mr. Joseph Murphy II (14,343,750), its senior Vice President and Chief Administrative Officer and Director, Mr. John Kehnle (9,753,750) and Vice President 0 Plant Operations Mr. Tony Bruno (5,737,500).

Director Compensation

Directors of the Company do not receive any compensation for their services as such but are reimbursed for their reasonable expenses in attending meetings of the Board of Directors.

Employment Agreements

NHWP has executed employment Agreements with Mr. Joseph Murphy II, Mr. John Kehnle, and Mr. Phil Bartels. Such Agreements contain provisions for deferred salaries pending achievement of significant flows in excess of general overhead and advertising expenses, non-competition with NHWP, incentive compensation plans, and a comprehensive benefits package. NHWP has no employment agreements with its administrative staff but plans to enter into such agreements with no less than two prospective employees.

Indemnification of Directors and Executive Officers and limitation of liability

As permitted by the Wyoming General Corporation Law, the bylaws of the Company provide that (i) the Company is required to indemnify its directors and executive Officers to the fullest extent permitted by the Wyoming General Corporation Law, (ii) the Company may indemnify its other officers , employees and agents as set forth in the Wyoming General Corporation Law, (iii) to the fullest extent permitted by the Wyoming General Corporation Law, directors and executive officers in connection with a legal proceeding (subject to certain exceptions), (iv) the rights conferred in the bylaws are not exclusive and (V) the Company is authorized to enter into indemnification agreements with its directors , officers, employees and agents.

The Company has entered into indemnification agreements with each of its current directors and executive officers to give such directors and officers additional contractual assurance regarding the scope of the indemnification set forth in the Company’s bylaws and to provide additional procedural protections. At present, there is no pending litigation or proceeding involving a director, officer or employee of the Company regarding which indemnification is sought, nor is the Company aware of any threatened litigation that may result in claims for indemnification.

As permitted by Wyoming General Corporation Law, the Company’s Certificate of Incorporation includes a provision that eliminates the personal liability of its directors for monetary damages for breach of fiduciary duty as a director except for liability (i) for any breach of the director’s duty of loyalty to the corporation or its stockholders, (ii) for acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law, (iii) under the Wyoming General Corporation Law regarding unlawful dividends or redemptions or (iv) for any transaction from which the director derived an improper personal benefit.

Description of Capital Stock

Set forth below is a description of the material terms and provisions of the equity securities of the Company. The following description does not purport to be complete and is subject to and qualified in its entirety by reference to the Articles of Incorporation, as amended, of the Company (the “Articles of Incorporation”) and the By-Laws, as amended, of the Company (the “By-laws”). The Articles of Incorporation is an exhibit to the Company’s Annual Report on Form 10-K/A. The By-laws is an exhibit to the Company’s Annual report on Form 10-K /A. The by-laws is an exhibit to the Company’s quarterly Report on Form 10-K/A. The By-laws is an exhibit to the Company’s Quarterly report on Form 10-Q for the quarter ended December 31, 2015, and the rights plan is an exhibit to the Company’s Registration Statement on Form 8-A.

The Company is authorized to issue (i) 300,000,000 shares of common stock, par value $.0001 per share; (ii) 800 shares of Class A Convertible Preferred stock par value $100 per share and (iii) xxx shares of Class B Convertible Preferred stock par value Par value $xxx per share, which may be issued in one or more series with such voting powers, designations, preference, rights, qualifications, limitations and restrictions as shall be specified by the Board of Directors. The Board of Directors may issue one or more series of preferred stock with voting and conversion rights which could adversely affect the voting power of the holders of Common Stock and the holders of other series of Preferred Stock, and which could, among other things, have the effect of delaying ,deferring or preventing a change in control of the Company.

As of June 30,2015 53,000,000 shares of Common Stock were issued and outstanding

Common Stock

Dividends

Holders of the Company’s common stock are entitled to receive such dividends as may be legally declared by the Board of Directors.

Voting Rights

Holders of Common Stock are entitled to one vote for each share held of record. Except as discussed below, action of the stockholders may generally be taken by the affirmative vote of a majority of the shares present or represented at a duly called meeting at which a quorum is present or represented

Other rights

Holders of Common Stock have no preemptive or subscription rights and have no liability for further calls or assessments. All shares of Common Stock are entitled to share ratably in the net assets of the Company upon Liquidation.

Preferred Stock

The Company has authorized but unissued shares of preferred stock which may be issued in series of non-voting preferred stock which may be issued in series with such preferences as determined by the Board of Directors. As of March 31, 2015, 2015 the following issues of preferred stock were outstanding:

Class A Convertible Preferred

On March 1, The Company authorized 800 shares in a Rule 506 (b) regulation D offering of which 4 shares have been issued to date. The holders of the Series A convertible preferred are entitled to receive dividends at 4.5% per annum at the time legally available. The dividends may be paid in cash or stock at the behest of the Company. In addition, if the holder does not convert before the wood Pellet Plant is completed they will be entitled to two times their investment in deprecation benefits.

Shares Eligible for Future Sale

Upon Consummation of this offering, there will be xxxx shares of Common Stock outstanding. Of these shares, xxxx shares will be “restricted Securities” as defined in Rule 144 under the Securities Act (“Rule 144”). Of such Shares, without consideration of the contractual restrictions described below, approximately xxx shares would be available for resale in the public market pursuant to Rule 144 (see Below)

Legal Opinions

The legality of the Common Stock will be passed upon for the Company by Attorney

Experts

The consolidated financial statement and the related financial statement schedules incorporated in this Prospectus by reference.

ATERRA ENERGY CORPORATION, INC.

Financial Statements

For the Period Beginning March 20, 2015 and Ended June 30, 2015

F-1

INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM'S CONSENT

We consent to the inclusion in this Registration Statement of Aterra Energy Corporation, Inc. on Form S1 (file no. 333-204894) of our report dated July 14, 2015, with respect to our audit of the financial statements of Aterra Energy Corporation, Inc. as of June 30, 2015, and for the period ended June 30, 2015, which report appears in the Prospectus, which is part of this Registration Statement. We also consent to the reference to our Firm under the heading "experts" in such Prospectus. We are not registered by the Public Company Accounting Oversight Board.

Hampton, New Hampshire
July 14, 2015

Murphy, Powers & Wilson CPAs, P.C.	MEMBER	Phone: (603) 926-8063
One Merrill Industrial Drive • Unit #1	American Institute of CPAs	Fax: (603) 926-0715
Hampton, NH 03842-1942	New Hampshire Society of CPAs	Website: www.mpandwcpa.com

F-2

ATERRA ENERGY CORPORATION, INC.

TABLE OF CONTENTS

Independent Auditor's Report	F-4 and F-5

Financial Statements

Balance Sheet	F-6

Statement of Income	F-7

Statement of Retained Earnings (Deficit)	F-8

Statement of Cash Flows	F-9

Notes to Financial Statements	F-10 and F-11

Supplementary Information

Schedule of Operating Expenses, Schedule B-1	F-12

F-3

INDEPENDENT AUDITOR'S REPORT

To the Board of Directors of

Aterra Energy Corporation, Inc.

We have audited the accompanying financial statement of Aterra Energy Corporation, Inc., (a Wyoming Corporation) which comprise the balance sheet as of June 30, 2015, and the related statements of income, retained earnings, and cash flows for the period then ended and the related notes to financial statements.

Management's Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor's Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Aterra Energy Corporation, Inc. as of June 30, 2015, and the results of its operations and its cash flows for the period then ended in accordance with accounting principles generally accepted in the United States of America.

Murphy, Powers & Wilson CPAs, P.C.	MEMBER	Phone: (603) 926-8063
One Merrill Industrial Drive • Unit #1	American Institute of CPAs	Fax: (603) 926-0715
Hampton, NH 03842-1942	New Hampshire Society of CPAs	Website: www.mpandwcpa.com

F-4

INDEPENDENT AUDITOR'S REPORT
continued

Report on Supplementary Information

Our audit was conducted for the purpose of forming an opinion on the financial statements as a whole. The supplementary information on Page 9 is presented for purposes of additional analysis and is not a required part of the financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. The information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the financial statements as a whole.

Hampton, New Hampshire

July 14, 2015

F-5

Exhibit A

ATERRA ENERGY CORPORATION, INC.

Balance Sheet

As of June 30, 2015

ASSETS
CURRENT ASSETS

Total current assets	$	0

OTHER ASSETS

Investment (Note 3)		0

Investment in subsidiary (Note 4)		0

Total other assets		0

TOTAL ASSETS	$	0

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

Cash overdraft	$	1,696

Deposit		100

Total current liabilities		1,796

Total liabilities		1,796

STOCKHOLDERS' EQUITY

Class A, 4.5% convertible preferred stock $5,000 stated value, 800 shares authorized, 0 shares issued and outstanding (Note 5)		0

Stock subscribed convertible preferred		68,500

Common stock, $.0001 par value, 300,000,000 shares authorized, 45,000,000 shares issued and outstanding (Note 5)		0

Retained earnings (deficit)		-70,296

Total stockholders' equity		-1,796

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	0

The accompanying notes are an integral part of the financial statements.

F-6

Exhibit B

ATERRA ENERGY CORPORATION, INC.

Statement of Income

For the Period Ended June 30, 2015

SALES, net	$	0

COST OF SALES		0

Gross profit		0

OPERATING EXPENSES, Schedule B-1		70,296

Net income (loss) for period	$	-70,296

The accompanying notes are an integral part of the financial statements.

F-7

Exhibit C

ATERRA ENERGY CORPORATION, INC.

Statement of Retained Earnings (Deficit)

For the Period Ended June 30, 2015

Balance, beginning of period	$	0

Net income (loss) for the period		-70,296

Balance, June 30, 2015	$	-70,296

The accompanying notes are an integral part of the financial statements.

F-8

Exhibit D

ATERRA ENERGY CORPORATION, INC.

Statement of Cash Flows

For the Period Ended June 30, 2015

CASH FLOWS FROM OPERATING ACTIVITIES

Net income (loss)	$	-70,296
Deposit		100

NET CASH USED BY OPERATING ACTIVITIES		-70,196

CASH FLOWS FROM INVESTING ACTIVITIES

NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES		0

CASH FLOWS FROM FINANCING ACTIVITIES

Stock subscribed convertible preferred		68,500

NET CASH PROVIDED BY FINANCING ACTIVITIES		68,500

NET CHANGE IN CASH		-1,696

CASH AT BEGINNING OF PERIOD		0

CASH OVERDRAFT AT END OF PERIOD	$	-1,696

The accompanying notes are an integral part of the financial statements.

F-9

ATERRA ENERGY CORPORATION, INC.

Notes to Financial Statements

June 30, 2015

NOTE 1	GENERAL COMMENTS

	Nature of Business Aterra Energy Corporation, Inc. (the Company) was formed under the laws of the State of Wyoming on March 20, 2015. The Company is engaged in alternative energy solutions through its investment in Solar JOOS, Inc. via a stock swap of common shares dated June 30, 2015 whereby the Company exchanged 15% of its common shares outstanding with 15% of Solar JOOS, Inc. common shares outstanding and it 100% owned planned operating subsidiary, New Hampshire Wood Pellets, LLC (NHWP), which is in the development stage, is planning to be in the business of sustainable production, sales and distribution of wood pellets for heating and other uses. As of June 30, 2015, NHWP had not consummated any financial transactions (see Note 4). The Company's activities are subject to significant risks and uncertainties including failing to secure equity capital funding to operationalize NHWP planned principal business activities. Consolidated financial statements of Aterra Energy Corporation, Inc. and New Hampshire Wood Pellets, LLC, a 100% owned subsidiary, have been prepared for the period ended June 30, 2015.

NOTE 2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	This summary of significant accounting policies of the Company is presented to asset in understanding the financial statements. The financial statements and notes are representations of the Company's management, who is responsible for their integrity and objectivity. Basis of Accounting The accompanying financial statement have been prepared in accordance with generally accepted accounting principles on the accrual basis of accounting. The accrual basis of accounting recognizes revenues in the accounting period in which revenues are earned regardless of when cash is received, and recognizes expenses in the accounting period in which expenses are incurred, regardless of when cash is disbursed. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Income Taxes The Company has not had a requirement to file federal or Wyoming business income tax returns. The Company is subject to examination by the Internal Revenue Service and state taxing authorities. NHWP is a disregarded entity for federal tax reporting and will be filing consolidated with the Company. The Company evaluates all significant tax positions as required by generally accepted accounting principles in the United States. As of June 30, 2015, the Company does not believe that it has taken any tax positions that would require the recording of any additional tax liability nor does it believe that there are any unrealized tax benefits that would either increase or decrease within the next 12 months.

F-10

ATERRA ENERGY CORPORATION, INC.
Notes to Financial Statements
June 30, 2015
Continued

NOTE 3	INVESTMENT

	The Company owns 841,878 shares of common stock of Solar JOOS, Inc. The holding represents a 15% investment in the company. On June 30, 2015, the Company exchanged 15% of its common shares outstanding, 6,750,000, with 15% of Solar JOOS, Inc. common shares outstanding. Management considers the investment as non-controlling and accounts for the investment on the cost basis. Solar JOOS, Inc. is a non-public privately held company. Solar JOOS, Inc. produces small-scale energy solutions for the public, commercial, government and military end-users. The investment is valued at $0 at June 30, 2015 because the Company did not pay any consideration for the stock, and the Company's stock does not have an ascertainable value.

NOTE 4	INVESTMENT IN SUBSIDIARY

	The investment in subsidiary, $0, represents on an equity basis, the Company's share of the net book value of New Hampshire Wood Pellets, LLC. The Company owns 100% of the outstanding membership units.

NOTE 5	STOCKHOLDERS' EQUITY

	a)	Common stock shares issued during the period were 45,000,000 shares. Shares were issued to Joseph Murphy (14,343,750), John Kehnle (9,743,750), Tony Bruno (5,737,500), NHWP Management (8,415,000), and Solar JOOS, Inc. via stock swap (6,750,000).
	b)	800 shares of Class A, 4.5% convertible preferred stock, $5,000 state value, are expected to be offered for purchase to a limited number of qualified investors under a private offering. Preferred accretion is 4.5% annually, payable in cash or stock at time of conversion. The conversion ratio is ten thousand (10,000) common shares for every one (1) share of convertible preferred stock. In the event that the conversion price of $.50 per common share of stock is not less than or equal to 50% of the initial 30 day volume weighted average price (VWAP), the conversion to common stock ratio will be increased such that the price per common share of stock will be equal to 50% of the first 30 day VWAP after the initial public offering.


NOTE 6	SUBSEQUENT EVENT

	The Company is planning an initial public offering for purchase up to 800 shares of Class A Convertible Preferred stock, for a purchase price of $5,000 per share to a limited number of qualified investors to raise up to $4,000,000 and 12,311,250 shares of common stock par value $.0001 per share for a purchase price of $.50 per share in capital for legal affairs and capital for its subsidiary, NHWP, to establish chain management, product inventory, general administrative and working capital. The offering falls under Rule 506 of Regulation D of the Securities Act. The amount of capital to be raised is uncertain.

NOTE 7	RELATED PARTY TRANSACTIONS

	Management fees, $65,500, were paid to common stock shareholders of the Company to complete the private placement memorandum and the S-1 registration statement including any attendant fees that were required to complete those statements.

NOTE 8	DATE OF MANAGEMENT REVIEW

	In preparing the financial statements, management has evaluated events and transactions for potential recognition or disclosure through July 14, 2015, the date the financial statements were available to be issued.

F-11

Schedule B-1

ATERRA ENERGY CORPORATION, INC.

Schedule of Operating Expenses

For the Period Ended June 30, 2015

OPERATING EXPENSES

Legal	$	2,000
Audit		1,500
Licenses and fees		1,264
Office supplies		32
Management fees (Note 7)		65,500

Total operating expenses	$	70,296

F-12

ATERRA ENERGY CORPORATION, INC.
AND SUBSIDIARY
Consolidated Financial Statements
For the Six Months Ended June 30, 2015

F-13

INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM'S CONSENT

We consent to the inclusion in this Registration Statement of Aterra Energy Corporation, Inc. and Subsidiary on Form S-1 (file no. 333-204894) of our report dated July 14, 2015, with respect to our audit of the financial statements of Aterra Energy Corporation, Inc. and Subsidiary as of June 30, 2015, and for the period ended June 30, 2015, which report appears in the Prospectus, which is part of this Registration Statement. We also consent to the reference to our Firm under the heading "experts" in such Prospectus. We are not registered by the Public Company Accounting Oversight Board.

Hampton, New Hampshire

July 14, 2015

Murphy, Powers & Wilson CPAs, P.C.	MEMBER	Phone: (603) 926-8063
One Merrill Industrial Drive • Unit #1	American Institute of CPAs	Fax: (603) 926-0715
Hampton, NH 03842-1942	New Hampshire Society of CPAs	Website: www.mpandwcpa.com

F-14

ATERRA ENERGY CORPORATION, INC. AND SUBSIDIARY

TABLE OF CONTENTS

Independent Auditor's Report	F-16 and F-17

Financial Statements

Consolidated Balance Sheets	F-18

Consolidated Statements of Income	F-19

Consolidated Statements of Retained Earnings	F-20

Consolidated Statements of Cash Flows	F-21

Notes to Consolidated Financial Statements	F-22 through F-25

Supplementary Information

Consolidated Schedules of Operating Expenses, Schedule B-1	F-26

F-15

INDEPENDENT AUDITOR'S REPORT

To the Board of Directors of

Aterra Energy Corporation, Inc. and Subsidiary

We have audited the accompanying financial statement of Aterra Energy Corporation, Inc. and Subsidiary, (a Wyoming Corporation) which comprise the consolidated balance sheets as of June 30, 2015, and the related consolidated statements of income, retained earnings, and cash flows for the period then ended and the related notes to financial statements.

Management's Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor's Responsibility

Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Aterra Energy Corporation, Inc. and Subsidiary as of June 30, 2015, and the results of its operations and its cash flows for the period then ended in accordance with accounting principles generally accepted in the United States of America.

Murphy, Powers & Wilson CPAs, P.C.	MEMBER	Phone: (603) 926-8063
One Merrill Industrial Drive • Unit #1	American Institute of CPAs	Fax: (603) 926-0715
Hampton, NH 03842-1942	New Hampshire Society of CPAs	Website: www.mpandwcpa.com

F-16

INDEPENDENT AUDITOR'S REPORT
continued

Report on Supplementary Information

Our audits were conducted for the purpose of forming an opinion on the financial statements as a whole. The supplementary information on Page 11 is presented for purposes of additional analysis and is not a required part of the consolidated financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the consolidated financial statements. The information has been subjected to the auditing procedures applied in the audit of the consolidated financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the consolidated financial statements or to the consolidated financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the consolidated financial statements as a whole.

Hampton, New Hampshire
July 14, 2015

F-17

Exhibit A

ATERRA ENERGY CORPORATION, INC.

AND SUBSIDIARY

Consolidated Balance Sheets

As of June 30, 2015

	Aterra Energy Corporation, Inc.		New Hampshire Wood Pellets, LLC		Eliminations		Total
ASSETS

CURRENT ASSETS

Total current assets	$	0	$	0	$	0	$	0

OTHER ASSETS
Investment (Note 3)		0		0		0		0

Investment in subsidiary (Note 4)		0		0		0		0

Total other assets		0		0		0		0

TOTAL ASSETS	$	0	$	0	$	0	$	0
LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
Cash overdraft	$	1,696	$	0	$	0	$	1,696

Deposit		100		0		0		100

Total current liabilities		1,796		0		0		1,796

Total liabilities		1,796		0		0		1,796

STOCKHOLDERS' EQUITY

Class A, 4.5% convertible preferred stock $5,000 stated value, 800 shares authorized, 0 shares issued and outstanding (Note 5)		0		0		0		0

Stock subscribed convertible preferred		68,500		0		0		68,500

Common stock, $.0001 par value, 300,000,000 shares authorized, 45,000,000 shares issued and outstanding (Note 5)		0		0		0		0

Retained earnings (deficit)		-70,296		0		0		-70,296

Total stockholders' equity		0		0		0		-1,796

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	0	$	0	$	0	$	0

The accompanying notes are an integral part of the consolidated financial statements.

F-18

Exhibit B

ATERRA ENERGY CORPORATION, INC.

AND SUBSIDIARY

Consolidated Statements of Income

For the Period Ended June 30, 2015

	Aterra Energy Corporation, Inc.		New Hampshire Wood Pellets, LLC		Eliminations		Total
SALES, net	$	0	$	0	$	0	$	0

COST OF SALES		0		0		0		0

Gross profit		0		0		0		0

OPERATING EXPENSES, Schedule B-1		-70,296		0		0		-70,296

Net income (loss) for period	$	-70,296	$	0	$	0	$	-70,296

The accompanying notes are an integral part of the consolidated financial statements.

F-19

Exhibit C

ATERRA ENERGY CORPORATION, INC.
AND SUBSIDIARY
Consolidated Statements of Retained Earnings
For the Period Ended June 30, 2015

	Aterra Energy Corporation, Inc.		New Hampshire Wood Pellets, LLC		Eliminations		Total
Balance, beginning of period	$	0	$	0	$	0	$	0

Net income (loss) for the period		-70,296		0		0		-70,296

Balance, June 30, 2015	$	-70,296	$	0	$	0	$	-70,296

The accompanying notes are an integral part of the consolidated financial statements.

F-20

Exhibit D

ATERRA ENERGY CORPORTION, INC.
AND SUBSIDIARY
Consolidated Statements of Cash Flows
For the Period Ended June 30, 2015

	Aterra Energy Corporation, Inc.		New Hampshire Wood Pellets, LLC		Eliminations		Total
CASH FLOWS FROM OPERATING ACTIVITIES

Net income (loss)	$	-70,296	$	0	$	0	$	-70,296
Deposit		100		0		0		100

NET CASH USED BY OPERATING ACTIVITIES		-70,196		0		0		-70,196

CASH FLOWS FROM INVESTING ACTIVITIES

NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES		0		0		0		0

CASH FLOWS FROM FINANCING ACTIVITIES

Stock subscribed convertible preferred		68,500		0		0		68,500

NET CASH PROVIDED BY FINANCING ACTIVITIES		68,500		0		0		68,500

NET CHANGE IN CASH		-1,696		0		0		-1,696

CASH AT BEGINNING OF PERIOD		0		0		0		0

CASH OVERDRAFT AT END OF PERIOD	$	-1,696	$	0	$	0	$	-1,696

The accompanying notes are an integral part of the consolidated financial statements.

F-21

ATERRA ENERGY CORPORATION, INC.

AND SUBSIDIARY

Notes to Consolidated Financial Statements

June 30, 2015

NOTE 1	GENERAL COMMENTS

	Nature of Business Aterra Energy Corporation, Inc. (the Company) was formed under the laws of the State of Wyoming on March 20, 2015. The Company is engaged in alternative energy solutions through its investment in Solar JOOS, Inc. via a stock swap of common shares dated June 30, 2015 whereby the Company exchanged 15% of its common shares outstanding with 15% of Solar JOOS, Inc. common shares outstanding and it 100% owned planned operating subsidiary, New Hampshire Wood Pellets, LLC (NHWP), which is in the development stage, is planning to be in the business of sustainable production, sales and distribution of wood pellets for heating and other uses. As of June 30, 2015, NHWP had not consummated any financial transactions (see Note 4). The Company's activities are subject to significant risks and uncertainties including failing to secure equity capital funding to operationalize NHWP planned principal business activities. Principals of Consolidation The June 30, 2015 consolidated financial statements include the accounts of the Company and its 100% owned subsidiary, New Hampshire Wood Pellets, LLC. All significant intercompany transactions and balances have been eliminated in consolidation. Individual financial statements of Aterra Energy Corporation, Inc. and New Hampshire Wood Pellets, LLC, a 100% owned subsidiary, have been prepared for the period ended June 30, 2015.

NOTE 2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	This summary of significant accounting policies of the Company is presented to asset in understanding the financial statements. The financial statements and notes are representations of the Company's management, who is responsible for their integrity and objectivity. Basis of Accounting The accompanying financial statement have been prepared in accordance with generally accepted accounting principles on the accrual basis of accounting. The accrual basis of accounting recognizes revenues in the accounting period in which revenues are earned regardless of when cash is received, and recognizes expenses in the accounting period in which expenses are incurred, regardless of when cash is disbursed. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Income Taxes The Company has not had a requirement to file federal or Wyoming business income tax returns. The Company is subject to examination by the Internal Revenue Service and state taxing authorities. NHWP is a disregarded entity for federal tax reporting and will be filing consolidated with the Company.

F-22

ATERRA ENERGY CORPORATION, INC.
AND SUBSIDIARY
Notes to Consolidated Financial Statements
June 30, 2015
Continued

NOTE 2	continued

	The Company evaluates all significant tax positions as required by generally accepted accounting principles in the United States. As of June 30, 2015, the Company does not believe that it has taken any tax positions that would require the recording of any additional tax liability nor does it believe that there are any unrealized tax benefits that would either increase or decrease within the next 12 months.

NOTE 3	INVESTMENT

	The Company owns 841,878 shares of common stock of Solar JOOS, Inc. The holding represents a 15% investment in the company. On June 30, 2015, the Company exchanged 15% of its common shares outstanding, 6,750,000, with 15% of Solar JOOS, Inc. common shares outstanding. Management considers the investment as non-controlling and accounts for the investment on the cost basis. Solar JOOS, Inc. is a non-public privately held company. Solar JOOS, Inc. produces small-scale energy solutions for the public, commercial, government and military end-users. The investment is valued at $0 at June 30, 2015 because the Company did not pay any consideration for the stock, and the Company's stock does not have an ascertainable value.

NOTE 4	PLANNED PRINCIPAL OPERATIONS-NEW HAMPSHIRE WOOD PELLETS, LLC

	The limited liability company was formed April 26, 2009. Operating activity up to this time has been devoted primarily to exploring raising capital, obtaining financing, searching for a facility location in New Hampshire, administrative functions and executing take off agreements with suppliers and buyers. During the years 2009 to 2011, a management team ("Team") consisting of Joseph Murphy, John Kehnle, Tony Bruno, Don Crummet, Construction Management and Phil Bartels, via Consulting Contracts, put considerable time and personal resources to develop this project and bring it to its present condition. This involved the initial time spent on locating, recruiting and developing the Team. These people are skilled in their particular field whether it is in constructing and operating a wood pellets facility, financial acumen as it relates to the detailed pricing of the product, creating a wood pricing index in case of catastrophic economic swings, plant operations, hedging abilities when it comes to commodities, marketing management in the sense that the company has 'partnered' with some of the largest distributors of wood pellets, or knowledge of the local area. Significant time was spent investigating New Markets Tax Credits, SBA guarantees/loans and drawing up agreements/ documents. The Team connected with a tribe of the American Indian Nation to obtain the New Market Tax Credit (NMTC). An Agreement was entered with a tribe whereby they would have up to 40% interest in NHWP. However, the Tribe subsequently reneged on the Agreement Site selection took several years to arrive at a favorable site which was located in Farmington, New Hampshire. In fact, the very first site the Team visited was in Rock Island, Illinois and from that point on extended to numerous sites before they decided on Farmington, New Hampshire in 2009 (Center Barnstead was a close second) with the help of Cousineau' Forest Products. It was a site that had the following positive points: Strategically situated, contained heat, light, power and water, excellent truck access, community support, adequate space for expansion (100 acres), designated "attainment" area, with cost being a factor. The Site selection involved over 40 sites of which a number of them were visited by our personnel.

F-23

ATERRA ENERGY CORPORATION, INC.

AND SUBSIDIARY

Notes to Consolidated Financial Statements

June 30, 2015

Continued

NOTE 4	continued

	The Farmington site was thought to be a done deal with the Indian Tribe which prompted Roosevelt and Cross (R&C) their investment bankers to draw up a structure and schedule to move forward with a tax exempt financing based upon the Indian tribe's guarantee of the debt. As mentioned above, the tribe reneged and the deal was squashed; this after numerous meetings with the Tribe and their Counsel. They then turned to Center Barnstead as their next logical choice. Numerous visits were made to the site, and to several State of New Hampshire agencies by both NHWP and R&C, to discuss requirements for financial assistance. Strategy sessions were held by the Team with the assistance of Roosevelt and Cross, Capital Advocates, LLC, Strategic Solutions, to name a few, to develop a strategic long range plan that revolved around wood pellets and co-generation. This included developing a dynamic comprehensive business plan, web site, seeking and entering into long range off-take and supply agreements, pricing formulae and refining same as the economic scenarios played out. These sessions involved not only meetings with R&C in New York, but also in Massachusetts and New Hampshire with Woodpellets.com and the French Trading Group. In addition, the team visited every major commercial bank in New Hampshire as part of that strategy, not to mention the wasted effort with the Indian Tribe. Co-generation — as part of the initial strategy was later relegated to the future, at the behest of Roosevelt and Cross, NHWP wanted to start with this alternative energy source but due to financial and economic conditions rapidly changing, a decision was made to go with the least expensive revenue stream of alternative energy wood pellets to get up and running first. Both Consolidation Energy Company (old Baltimore Gas and Electric Company) and SCC America entered into agreements with us to either buy us out or 'partner' with us. For various financial reasons on their part, those transactions never materialized. Documentation costs to negotiate and enter into a) off-take agreements, b) letters of intent with the site and the Tribe(s) and c) purchase and sale agreements with various parties including but not limited to Roosevelt and Cross, Capital Advocates, LLC, Strategic solutions, the State of New Hampshire, Cousineau Forest Products, Woodpellets.com, CH Energy Group, Inc., GWD, Davis Brown Law Firm, New World Capital Group, Gen Power, Montgomery Securities was considerable. Numerous consultants were utilized that related to but not limited to permits, studies, etc. Travel time and costs — as stated above, the team went as far as Arizona, Illinois and from Maine to Florida visiting sites. The aforementioned indebtedness was, by mutually consent of the parties, converted into equity. Financial alternatives were continuously explored, reviewed and discussed with various financial institutions such as the Florida Opportunity Fund, reverse mergers with various public vehicles, and private placements.

NOTE 5	STOCKHOLDERS' EQUITY

Common stock shares issued during the period were 45,000,000 shares. Shares were issued to Joseph Murphy (14,343,750), John Kehnle (9,743,750), Tony Bruno (5,737,500), NHWP Management (8,415,000), and Solar JOOS, Inc. via stock swap (6,750,000).

F-24

ATERRA ENERGY CORPORATION, INC.

AND SUBSIDIARY

Notes to Consolidated Financial Statements

June 30, 2015

Continued

NOTE 5

continued

800 shares of Class A, 4.5% convertible preferred stock, $5,000 state value, are expected to be offered for purchase to a limited number of qualified investors under a private offering. Preferred accretion is 4.5% annually, payable in cash or stock at time of conversion. The conversion ratio is ten thousand (10,000) common shares for every one (1) share of convertible preferred stock. In the event that the conversion price of $.50 per common share of stock is not less than or equal to 50% of the initial 30 day volume weighted average price (VWAP), the conversion to common stock ratio will be increased such that the price per common share of stock will be equal to 50% of the first 30 day VWAP after the initial public offering.

NOTE 6	SUBSEQUENT EVENT

	The Company is planning an initial public offering for purchase up to 800 shares of Class A Convertible Preferred stock, for a purchase price of $5,000 per share to a limited number of qualified investors to raise up to $4,000,000 and 12,311,250 shares of common stock par value $.0001 per share for a purchase price of $.50 per share in capital for legal affairs and capital for its subsidiary, NHWP, to establish chain management, product inventory, general administrative and working capital. The offering falls under Rule 506 of Regulation D of the Securities Act. The amount of capital to be raised is uncertain.

NOTE 7	RELATED PARTY TRANSACTIONS

	Management fees, $65,500, were paid to common stock shareholders of the Company to complete the private placement memorandum and the S-1 registration statement including any attendant fees that were required to complete those statements.

NOTE 8	COMMITMENTS

	New Hampshire Wood Pellets, LLC has executed the following take off agreements with buyers for wood pellets to be produced at a proposed plant the Company plans to build a new plant in the Center Barnstead area, New Hampshire.

	1.	Pellets Now, LLC — an agreement has been executed for the Company to supply Pellets Now with up to 6,000 tons per month at a base purchase price of $200 per ton, excluding shipping and related additional costs.
	2.	The French Trading Company — an agreement has been executed for the Company to supply French Trading Company with a minimum of 4,000 tons per month with a maximum of 7,000 tons per month at a base purchase price of $200 per ton, excluding shipping and related additional costs.
	3.	Selling agreement with Safari Holding Ltd.

	The Company has entered into a long-term service contract with Cousineau Forest Products, a wood forestry company which operates a concentration and processing yard for various forest products in Henniker, New Hampshire for raw material supply. The Company has signed a contract with Construction Management, LLC for responsibility for the construction of the proposed wood pellet mill plant and processing management in producing the final end product.

NOTE 9	DATE OF MANAGEMENT REVIEW

	In preparing the financial statements, management has evaluated events and transactions for potential recognition or disclosure through July 14, 2015, the date the financial statements were available to be issued.

F-25

Schedule B-1

ATERRA ENERGY CORPORATION, INC.
AND SUBSIDIARY
Consolidated Schedules of Operating Expenses
For the Period Ended June 30, 2015

	Aterra Energy Corporation, Inc.		New Hampshire Wood Pellets, LLC		Eliminations		Total
OPERATING EXPENSES
Legal	$	2,000	$	0	$	0	$	2,000
Audit		1,500		0		0		1,500
Licenses and fees		1,264		0		0		1,264
Office supplies		32		0		0		32
Management fees (Note 8)		65,500		0		0		65,500

Total operating expenses	$	70,296	$	0	$	0		$70 296

F-26

NEW HAMPSHIRE WOOD PELLETS, LLC

(A Development Stage Company)

Financial Statements

For the years Ended December 31, 2012, 2013 and 2014

F-27

INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM'S CONSENT

We consent to the inclusion in this Registration Statement of New Hampshire Wood Pellets, LLC on Form S-1 (file no. 333-204894) of our report dated June 1, 2015, with respect to our audits of the financial statements of New Hampshire Wood Pellets, LLC as of December 31, 2014, 2013 and 2012, and for the years ended December 31, 2014, 2013 and 2012, which report appears in the Prospectus, which is part of this Registration Statement. We also consent to the reference to our Firm under the heading "experts" in such Prospectus. We are not registered by the Public Company Accounting Oversight Board.

/s/ Murphy, Powers & Wilson

Certified Public Accountants, P.C.

Hampton, New Hampshire

June 1, 2015

Murphy, Powers & Wilson CPAs, P.C.	MEMBER	Phone: (603) 926-8063
One Merrill Industrial Drive • Unit #1	American Institute of CPAs	Fax: (603) 926-0715
Hampton, NH 03842-1942	New Hampshire Society of CPAs	Website: www.mpandwcpa.com

F-28

NEW HAMPSHIRE WOOD PELLETS, LLC

(A Development Stage Company)

Financial Statements

For the years Ended December 31, 2012, 2013 and 2014

INDEX TO FINANCIAL STATEMENTS

Independent Auditor’s Report	F-30

Financial Statements

Balance Sheets	F-31

Statements of Income	F-32

Statements of Members’ Equity	F-33

Statements of Cash Flows	F-34

Notes to Financial Statements	F-35 through F-37

F-29

INDEPENDENT AUDITOR’S REPORT

To the Board of Directors of

New Hampshire Wood Pellets, LLC

We have audited the accompanying financial statements of New Hampshire Wood Pellets, LLC, (a development stage company) (a New Hampshire LLC) which comprise the balance sheets as of December 31, 2012, 2013 and 2014, and the related statements of income, members’ equity, and cash flows for the years then ended and the related notes to financial statements.

Management’s Responsibility for the Financial Statements

Auditor’s Responsibility

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of New Hampshire Wood Pellets, LLC (a development stage company) as of December 31, 2012, 2013 and 2014, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.

/s/ Murphy, Powers & Wilson

Certified Public Accountants, P.C.

Hampton, New Hampshire

May 29, 2015

Murphy, Powers & Wilson CPAs, P.C.	MEMBER	Phone: (603) 926-8063
One Merrill Industrial Drive • Unit #1	American Institute of CPAs	Fax: (603) 926-0715
Hampton, NH 03842-1942	New Hampshire Society of CPAs	Website: www.mpandwcpa.com

F-30

NEW HAMPSHIRE WOOD PELLETS, LLC

(A Development Stage Company)

Balance Sheets

As of December 31, 2012, 2013 and 2014


	2012		2013		2014
ASSETS

CURRENT ASSETS

Total current assets	$	0	$	0	$	0

TOTAL ASSETS	$	0	$	0	$	0



LIABILITIES AND MEMBERS’ EQUITY

CURRENT LIABILITIES

Total current liabilities	$	0	$	0	$	0

Total liabilities		0		0		0

MEMBERS’ EQUITY

Members’ equity		0		0		0

TOTAL LIABILITIES AND MEMBERS’ EQUITY	$	0	$	0	$	0

The accompanying notes are an integral part of the financial statements.

F-31

NEW HAMPSHIRE WOOD PELLETS, LLC

(A Development Stage Company)

Statements of Income

For the Years Ended December 31, 2012, 2013 and 2014

	2012		2013		2014

SALES, net	$	0	$	0	$	0

COST OF SALES		0		0		0

Gross profit		0		0		0

OPERATING EXPENSES		0		0		0

Net income for year	$	0	$	0	$	0

The accompanying notes are an integral part of the financial statements.

F-32

NEW HAMPSHIRE WOOD PELLETS, LLC

(A Development Stage Company)

Statements of Members’ Equity

For the Years Ended December 31, 2012, 2013 and 2014

	2012		2013		2014

Balance, beginning of year	$	0	$	0	$	0

Net income for the year		0		0		0

Capital contributed		0		0		0

Balance, end of year	$	0	$	0	$	0

The accompanying notes are an integral part of the financial statements.

F-33

NEW HAMPSHIRE WOOD PELLETS, LLC

Statements of Cash Flows

(A Development Stage Company)

For the Years Ended December 31, 2012, 2013 and 2014

	2012		2013		2014
CASH FLOWS FROM OPERATING ACTIVITIES

Net income	$	0	$	0	$	0

NET CASH PROVIDED (USED) BY
OPERATING ACTIVITIES		0		0		0

CASH FLOWS FROM INVESTING ACTIVITIES

NET CASH PROVIDED (USED) BY
INVESTING ACTIVITIES		0		0		0

CASH FLOWS FROM FINANCING ACTIVITIES

NET CASH PROVIDED (USED) BY
FINANCING ACTIVITIES		0		0		0

NET CHANGE IN CASH		0		0		0

CASH AT BEGINNING OF YEAR		0		0		0

CASH AT END OF YEAR	$	0	$	0		0

The accompanying notes are an integral part of the financial statements.

F-34

NEW HAMPSHIRE WOOD PELLETS, LLC

(A Development Stage Company)

Notes to Financial Statements

December 31, 2012, 2013 and 2014

NOTE 1 GENERAL COMMENTS

Nature of Business

New Hampshire Wood Pellets, LLC (Company) was formed under the laws of the State of New Hampshire on April 16, 2009.

The Company was formed for the purpose of producing certifiable premium wood pellets that exceeds industry standards; selling to the residential market via distributors, directly to some of the largest distributors in the U.S. using the Company’s manufactured pellet under the distributor’s private label, and to large-scale commercial operations by creating alliances with wood pellet boiler/furnace manufacturers. The Company will also produce high quality wood shavings and wood pellets for animal/horse bedding.

Operations

As of December 31, 2014, the Company was in the development stage of operations and had not consummated any financial transactions (see Note 2).

Ownership

At December 31, 2014, the Company was owned by Joseph Murphy (37.5%), John Kehnle (25.5%), Giulio Anthony Bruno (15.0%), Don Crummet (10.0%), Phil Bartels (5.0%), Construction Management (5.0%) and Vincent Micelli (2.0%). Subsequent to December 31, 2014, the balance sheet date, the initial members of the Company formed Aterra Energy Corporation, Inc., focused on renewable energy, under the laws of the State of Wyoming on March 20, 2015. The members of the Company executed a stock swap exchanging their membership units in the Company for stock in Aterra Energy Corporation, Inc. Aterra Energy Corporation, Inc. is the 100% owner of the Company.

Income Taxes

The Company has not had a requirement to file federal or New Hampshire business profits tax returns due to no financial activity. The Company is subject to examination by the Internal Revenue Service.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.

NOTE 2 DEVELOPMENT STAGE OPERATIONS

The limited liability company was formed April 26, 2009. Operating activity up to this time has been devoted primarily to exploring raising capital, obtaining financing, searching for a facility location in New Hampshire, administrative functions and executing take off agreements with suppliers and buyers. During the years 2009 to 2011, a management team (“Team”) consisting of Joseph Murphy, John Kehnle, Tony Bruno, Don Crummet, Construction Management and Phil Bartels, via Consulting Contracts, put considerable time and personal resources to develop this project and bring it to its present condition. This involved the initial time spent on locating, recruiting and developing the Team. These people are skilled in their particular field whether it is in constructing and operating a wood pellets facility, financial acumen as it relates to the detailed pricing of the product, creating a wood pricing index in case of catastrophic economic swings, plant operations, hedging abilities when it comes to commodities, marketing management in the sense that the company has 'partnered' with some of the largest distributors of wood pellets, or knowledge of the local area.

F-35

NEW HAMPSHIRE WOOD PELLETS, LLC

(A Development Stage Company)

Notes to Financial Statements

December 31, 2012, 2013 and 2014

Continued

NOTE 2 continued

Significant time was spent investigating New Markets Tax Credits, SBA guarantees/loans and drawing up agreements/ documents. The Team connected with a tribe of the American Indian Nation to obtain the New Market Tax Credit (NMTC). An Agreement was entered with a tribe whereby they would have up to 40% interest in NHWP. However, the Tribe subsequently reneged on the Agreement

Site selection took several years to arrive at a favorable site which was located in Farmington, New Hampshire. In fact, the very first site the Team visited was in Rock Island, Illinois and from that point on extended to numerous sites before they decided on Farmington, New Hampshire in 2009 (Center Barnstead was a close second) with the help of Cousineau' Forest Products. It was a site that had the following positive points:

Strategically situated, contained heat, light, power and water, excellent truck access, community support, adequate space for expansion (100 acres), designated “attainment” area, with cost being a factor. The Site selection involved over 40 sites of which a number of them were visited by our personnel.

The Farmington site was thought to be a done deal with the Indian Tribe which prompted Roosevelt and Cross (R&C) their investment bankers to draw up a structure and schedule to move forward with a tax exempt financing based upon the Indian tribe’s guarantee of the debt. As mentioned above, the tribe reneged and the deal was squashed; this after numerous meetings with the Tribe and their Counsel. They then turned to Center Barnstead as their next logical choice. Numerous visits were made to the site, and to several State of New Hampshire agencies by both NHWP and R&C, to discuss requirements for financial assistance.

Strategy sessions were held by the Team with the assistance of Roosevelt and Cross, Capital Advocates, LLC, Strategic Solutions, to name a few, to develop a strategic long range plan that revolved around wood pellets and co-generation. This included developing a dynamic comprehensive business plan, web site, seeking and entering into long range off-take and supply agreements, pricing formulae and refining same as the economic scenarios played out. These sessions involved not only meetings with R&C in New York, but also in Massachusetts and New Hampshire with Woodpellets.com and the French Trading Group. In addition, the team visited every major commercial bank in New Hampshire as part of that strategy, not to mention the wasted effort with the Indian Tribe.

Co-generation – as part of the initial strategy was later relegated to the future, at the behest of Roosevelt and Cross, NHWP wanted to start with this alternative energy source but due to financial and economic conditions rapidly changing, a decision was made to go with the least expensive revenue stream of alternative energy wood pellets to get up and running first. Both Consolidation Energy Company (old Baltimore Gas and Electric Company) and SCC America entered into agreements with us to either buy us out or ‘partner’ with us. For various financial reasons on their part, those transactions never materialized.

Documentation costs to negotiate and enter into a) off-take agreements, b) letters of intent with the site and the Tribe(s) and c) purchase and sale agreements with various parties including but not limited to Roosevelt and Cross, Capital Advocates, LLC, Strategic solutions, the State of New Hampshire, Cousineau Forest Products, Woodpellets.com, CH Energy Group, Inc., GWD, Davis Brown Law Firm, New World Capital Group, Gen Power, Montgomery Securities was considerable

F-36

NEW HAMPSHIRE WOOD PELLETS, LLC

(A Development Stage Company)

Notes to Financial Statements

December 31, 2012, 2013 and 2014

Continued

NOTE 2 continued

Numerous consultants were utilized that related to but not limited to permits, studies, etc.

Travel time and costs – as stated above, the team went as far as Arizona, Illinois and from Maine to Florida visiting sites.

The aforementioned indebtedness was, by mutually consent of the parties, converted into equity.

Financial alternatives were continuously explored, reviewed and discussed with various financial institutions such as the Florida Opportunity Fund, reverse mergers with various public vehicles, and private placements.

NOTE 3 SUBSEQUENT EVENT

Aterra Energy Corporation, Inc., the 100% owner of the Company is planning an initial public offering of its stock to raise up to $4.0 million in capital for legal affairs, supply chain management, product inventory, general administrative and working capital. Aterra Energy Corporation wholly owns the Company and is preparing to become a publicly owned company.

NOTE 4 COMMITMENTS

The Company has executed the following take off agreements with buyers for wood pellets to be produced at a proposed plant the Company plans to build a new plant in the Center Barnstead area, New Hampshire.

Pellets Now, LLC – an agreement has been executed for the Company to supply Pellets Now with up to 6,000 tons per month at a base purchase price of $200 per ton, excluding shipping and related additional costs.

The French Trading Company – an agreement has been executed for the Company to supply French Trading Company with a minimum of 4,000 tons per month with a maximum of 7,000 tons per month at a base purchase price of $200 per ton, excluding shipping and related additional costs.

Selling agreement with Safari Holding Ltd.

The Company has entered into a long-term service contract with Cousineau Forest Products, a wood forestry company which operates a concentration and processing yard for various forest products in Henniker, New Hampshire for raw material supply.

The Company has signed a contract with Construction Management, LLC for responsibility for the construction of the proposed wood pellet mill plant and processing management in producing the final end product.

NOTE 5 DATE OF MANAGEMENT REVIEW

In preparing the financial statements, management has evaluated events and transactions for potential recognition or disclosure through June 1, 2015, the date the financial statements were available to be issued.

F-37

NEW HAMPSHIRE WOOD PELLETS, LLC

Financial Statements

For the Six Months Ended June 30, 2015

F-38

INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM'S CONSENT

We consent to the inclusion in this Registration Statement of New Hampshire Wood Pellets, LLC on Form S-1 (file no. 333-204894) of our report dated July 7, 2015, with respect to our audit of the financial statements of New Hampshire Wood Pellets, LLC as of June 30, 2015, and for the six months ended June 30, 2015, which report appears in the Prospectus, which is part of this Registration Statement. We also consent to the reference to our Firm under the heading "experts" in such Prospectus. We are not registered by the Public Company Accounting Oversight Board.

/s/ Murphy, Powers & Wilson

Certified Public Accountants, P.C.

Hampton, New Hampshire

July 7, 2015

Murphy, Powers & Wilson CPAs, P.C.	MEMBER	Phone: (603) 926-8063
One Merrill Industrial Drive • Unit #1	American Institute of CPAs	Fax: (603) 926-0715
Hampton, NH 03842-1942	New Hampshire Society of CPAs	Website: www.mpandwcpa.com

F-39

NEW HAMPSHIRE WOOD PELLETS, LLC

Financial Statements

For the Six Months Ended June 30, 2015

TABLE OF CONTENTS

Independent Auditor's Report	F-41

Financial Statements

Balance Sheet	F-42

Statement of Income	F-43

Statement of Members' Equity	F-44

Statement of Cash Flows	F-45

Notes to Financial Statements	F-46 through F-48

F-40

INDEPENDENT AUDITOR'S REPORT

To the Board of Directors of

New Hampshire Wood Pellets, LLC

We have audited the accompanying financial statements of New Hampshire Wood Pellets, LLC, (a New Hampshire LLC) which comprise the balance sheet as of June 30, 2015, and the related statements of income, members' equity, and cash flows for the six months then ended and the related notes to financial statements.

Management's Responsibility for the Financial Statements

Auditor's Responsibility

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of New Hampshire Wood Pellets, LLC as of June 30, 2015, and the results of its operations and its cash flows for the six months then ended in accordance with accounting principles generally accepted in the United States of America.

/s/ Murphy, Powers & Wilson

Certified Public Accountants, P.C.

Hampton, New Hampshire

July 7, 2015

Murphy, Powers & Wilson CPAs, P.C.	MEMBER	Phone: (603) 926-8063
One Merrill Industrial Drive • Unit #1	American Institute of CPAs	Fax: (603) 926-0715
Hampton, NH 03842-1942	New Hampshire Society of CPAs	Website: www.mpandwcpa.com

F-41

Exhibit A

NEW HAMPSHIRE WOOD PELLETS, LLC

Balance Sheets

As of June 30, 2015


ASSETS

CURRENT ASSETS

Total current assets	$	0

TOTAL ASSETS	$	0



LIABILITIES AND MEMBERS’ EQUITY

CURRENT LIABILITIES

Total current liabilities	$	0

Total liabilities		0

MEMBERS’ EQUITY

Members’ equity		0

TOTAL LIABILITIES AND MEMBERS’ EQUITY	$	0

The accompanying notes are an integral part of the financial statements.

F-42

Exhibit B

NEW HAMPSHIRE WOOD PELLETS, LLC

Statement of Income

For the Six Months Ended June 30, 2015


SALES, net	$	0

COST OF SALES		0

Gross profit		0

OPERATING EXPENSES		0

Net income for year	$	0

The accompanying notes are an integral part of the financial statements.

F-43

Exhibit C

NEW HAMPSHIRE WOOD PELLETS, LLC

Statement of Members' Equity

For the Six Months Ended June 30, 2015


Balance, beginning of period	$	0

Net income for the period		0

Capital contributed		0

Balance, end of period	$	0

The accompanying notes are an integral part of the financial statements.

F-44

Exhibit D

NEW HAMPSHIRE WOOD PELLETS, LLC

Statement of Cash Flows

For the Six Months Ended June 30, 2015


CASH FLOWS FROM OPERATING ACTIVITIES

Net income	$	0

NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES		0

CASH FLOWS FROM INVESTING ACTIVITIES

NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES		0

CASH FLOWS FROM FINANCING ACTIVITIES

NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES		0

NET CHANGE IN CASH		0

CASH AT BEGINNING OF YEAR		0

CASH AT END OF YEAR	$	0

The accompanying notes are an integral part of the financial statements.

F-45

NEW HAMPSHIRE WOOD PELLETS, LLC

Notes to Financial Statements

June 30, 2015

NOTE 1

GENERAL COMMENTS

Nature of Business

New Hampshire Wood Pellets, LLC (Company) was formed under the laws of the State of New Hampshire on April 16, 2009.

The Company was formed for the planned principal purpose of producing certifiable premium wood pellets that exceeds industry standards; selling to the residential market via distributors, directly to some of the largest distributors in the U.S. using the Company's manufactured pellet under the distributor's private label, and to large-scale commercial operations by creating alliances with wood pellet boiler/furnace manufacturers. The Company also plans to produce high quality wood shavings and wood pellets for animal/horse bedding.

Consolidated financial statements of Aterra Energy Corporation and New Hampshire Wood Pellets, LLC, a 100% owned subsidiary, have been prepared for the six months ended June 30, 2015.

Operations

As of June 30, 2015, the Company had not consummated any financial transactions (see Note 2). The Company's activities are subject to significant risks and uncertainties including failing to secure funding to operationalize the Company's planned principal business activities.

Ownership

At December 31, 2014, the Company was owned by Joseph Murphy (37.5%), John Kehnle (25.5%), Giulio Anthony Bruno (15.0%), Don Crummet (10.0%), Phil Bartels (5.0%), Construction Management (5.0%) and Vincent Micelli (2.0%). The initial members of the Company formed Aterra Energy Corporation, Inc., focused on renewable energy, under the laws of the State of Wyoming on March 20, 2015. The members of the Company executed a stock swap exchanging their membership units in the Company for stock in Aterra Energy Corporation, Inc. Aterra Energy Corporation, Inc. is the 100% owner and sole member of the Company.

Income Taxes

Use of Estimates

NOTE 2

PLANNED PRINCIPAL OPERATIONS

The limited liability company was formed April 26, 2009. Operating activity up to this time has been devoted primarily to exploring raising capital, obtaining financing, searching for a facility location in New Hampshire, administrative functions and executing take off agreements with suppliers and buyers. During the years 2009 to 2011, a management team ("Team") consisting of Joseph Murphy, John Kehnle, Tony Bruno, Don Crummet, Construction Management and Phil Bartels, via Consulting Contracts, put considerable time and personal resources to develop this project and bring it to its present condition. This involved the initial time spent on locating, recruiting and developing the Team. These people are skilled in their particular field whether it is in constructing and operating a wood pellets facility, financial acumen as it relates to the detailed pricing of the product, creating a wood pricing index in case of catastrophic economic swings, plant operations, hedging abilities when it comes to commodities, marketing management in the sense that the company has 'partnered' with some of the largest distributors of wood pellets, or knowledge of the local area.

F-46

NEW HAMPSHIRE WOOD PELLETS, LLC

Notes to Financial Statements

June 30, 2015

Continued

NOTE 2

continued

Strategically situated, contained heat, light, power and water, excellent truck access, community support, adequate space for expansion (100 acres), designated "attainment" area, with cost being a factor. The Site selection involved over 40 sites of which a number of them were visited by our personnel.

The Farmington site was thought to be a done deal with the Indian Tribe which prompted Roosevelt and Cross (R&C) their investment bankers to draw up a structure and schedule to move forward with a tax exempt financing based upon the Indian tribe's guarantee of the debt. As mentioned above, the tribe reneged and the deal was squashed; this after numerous meetings with the Tribe and their Counsel. They then turned to Center Barnstead as their next logical choice. Numerous visits were made to the site, and to several State of New Hampshire agencies by both NHWP and R&C, to discuss requirements for financial assistance.

Co-generation — as part of the initial strategy was later relegated to the future, at the behest of Roosevelt and Cross, NHWP wanted to start with this alternative energy source but due to financial and economic conditions rapidly changing, a decision was made to go with the least expensive revenue stream of alternative energy wood pellets to get up and running first. Both Consolidation Energy Company (old Baltimore Gas and Electric Company) and SCC America entered into agreements with us to either buy us out or 'partner' with us. For various financial reasons on their part, those transactions never materialized.

F-47

NEW HAMPSHIRE WOOD PELLETS, LLC

Notes to Financial Statements

June 30, 2015

Continued

NOTE 2

continued

Numerous consultants were utilized that related to but not limited to permits, studies, etc.

Travel time and costs — as stated above, the team went as far as Arizona, Illinois and from Maine to Florida visiting sites.

The aforementioned indebtedness was, by mutually consent of the parties, converted into equity.

NOTE 3

SUBSEQUENT EVENT

Aterra Energy Corporation, Inc., the 100% owner of the Company is planning an initial public offering of its stock to raise up to $4,000,000 and 12,311,250 shares of common stock par value $.0001 per share for a purchase price of $.50 per share in capital for legal affairs, supply chain management, product inventory, general administrative and working capital. Aterra Energy Corporation wholly owns the Company and is preparing to become a publicly owned company.

NOTE 4

COMMITMENTS

Pellets Now, LLC — an agreement has been executed for the Company to supply Pellets Now with up to 6,000 tons per month at a base purchase price of $200 per ton, excluding shipping and related additional costs.

The French Trading Company — an agreement has been executed for the Company to supply French Trading Company with a minimum of 4,000 tons per month with a maximum of 7,000 tons per month at a base purchase price of $200 per ton, excluding shipping and related additional costs.

Selling agreement with Safari Holding Ltd.

NOTE 5

DATE OF MANAGEMENT REVIEW

In preparing the financial statements, management has evaluated events and transactions for potential recognition or disclosure through July 10, 2015, the date the financial statements were available to be issued.

F-48

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Fairfield, State of Connecticut, on July 22, 2015.

Date: July 22, 2015

	Aterra Energy Corporation, Inc.

	By: /s/ Joseph Murphy II
	Joseph Murphy II Chairman and Chief Executive Officer

Pursuant to the requirements of the Securities Act of 1933, this amendment to Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

Signature	Title	Date
/s/ Joseph Murphy II	Chairman and Chief Executive Officer	July 22, 2015
/s/ John F. Kehnle	Sr. Vice President, Chief Administrative Officer	July 22, 2015

Aterra Energy Corporation, Inc. - FORM S-1/A - July 22, 2015

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