Reuters Company Research

Exousia Advanced Materials Inc (EXOU) 02 Aug 2010

Feb 2007 Aug 2010

Share Price Summary
Close Price on 8/2/10............................................. $0.02
Absolute Price Change on 8/2/10.............................. 0.00
Percent Change..................................................... 4.35%
Off 52-Week High...............................................-94.67%
Over 52-Week Low.............................................. 17.07%
Beta....................................................................... 0.689
Overview
Float (mil)........................................................... 162.311
10 Day Average Volume (mil)................................... 0.738
1 Day Volume Change on 8/2/10.........................-61.16%
Market Capitalization (mil).............................................$4
TTM Price/Earnings......................................................NA
Price/Earnings Current Fiscal Year Estimate...................NA
Percent Price Change EXOU S&P 500
Year to Date...............................-91.72............ 0.96
One Year................................... -91.11.......... 12.29
Two Years................................. -96.31......... -10.67
Three Years............................... -97.62......... -21.44
Five Years........................................NA............... NA
Ten Years........................................ NA............... NA

Table of Contents
Getting Acquainted ................................. 2 Stock Price Rationale ..............................5
Share Price Trends .................................3 Footprints of Success ............................. 6
General Sentiment ..................................4

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Exousia Advanced Materials Inc (OTC:EXOU) -- Chemicals - Plastics & Rubber/Basic Reuters Company Research
Materials

Getting Acquainted
Start your analysis by learning what the company does, how well it does it, where it stands relative to peers, and whether aspects of the corporate structure or capitalization are
bothersome to you.

Business Summary Contact Info

Exousia Advanced Materials, Inc. (Exousia) develops, manufactures and markets advanced industrial materials for Exousia Advanced Materials Inc is
worldwide markets and applications. The Company's products include resins, additives, industrial coatings and headquartered at:
structural materials. Its products are sold under the trade names RPA Resin, VISTAMER Rubber Engineered Particles, 1200 Soldiers Field Drive, Suite 200, Sugar
AEGEON (United States) and Power Shield (China) Industrial Coatings, TrussCore Structural Components and ECORE Land, TX, 77479
Structural Foam. On March 5, 2008, the Company acquired Aegeon, LLC (Aegeon). Aegeon primarily has focused on United States
the manufacturing and distribution of industrial grade coatings. In January 2010, the Company announced its (281) 313-2333
acquisition of Evergreen Global Investments Ltd. (Evergreen). Evergreen operates several growth companies that are www.exousiacorp.com/
focused on clean energy and the use of renewable energy. , Director of Investor Relations

Financial Trends
TTM = Trailing Twelve Months, * = Most Recent Quarter.
Historic Growth Rates
Fiscal Year Ending 12/31/06 12/31/07 12/31/08 12/31/09 TTM 3 Year 5 Year 10 Year
Sales (mil) $0.0 $0.1 $1.3 $0.4 $4.8 NA NA NA
EPS (GAAP) ($0.04) ($0.09) ($0.22) ($0.20) ($0.16) NA NA NA
Dividends/Share $0.00 $0.00 $0.00 $0.00 $0.00 NA NA NA
Book Value/Share ($0.02) $0.03 $0.03 ($0.05) * $0.23 NA NA NA
Tangible Book Value/Sh. ($0.02) ($0.01) $0.00 ($0.05) * $0.10 NA NA NA
Cash Flow/Share ($0.04) ($0.08) ($0.21) ($0.19) ($0.08) NA NA NA
Free Cash Flow/Share ($0.02) ($0.03) ($0.08) ($0.05) ($0.01) NA NA NA

Key Ratios
Historic Averages
Fiscal Year Ending 12/31/06 12/31/07 12/31/08 12/31/09 TTM 3 Year 5 Year 10 Year
% Sales Growth NA NM 1,993.4 (72.2) 290.9 NA NA NA
% EPS Growth -NM 154.2 142.5 (9.0) 31.0 95.9 NA NA
% Gross Margin NA 12.9 (229.8) 41.2 16.0 (58.6) NA NA
% Operating Margin -NM (4,371.0) (730.8) (2,248.6) (118.8) (2,450.1) NA NA
% Tax Rate 0.0 0.0 0.0 0.0 NA 0.0 NA NA
% Return on Assets (251.1) (261.9) (405.4) (739.8) (69.7) (469.0) NA NA
% Return on Investment 82.1 (980.0) (680.1) 1,508.8 (126.2) (50.4) NA NA
% Return on Equity 82.1 (980.0) (680.1) 1,508.8 NA (50.4) NA NA
Asset Turnover 0.0 0.1 0.5 0.2 0.4 0.3 NA NA
Receivables Turnover 0.0 4.3 32.5 5.8 4.1 14.2 NA NA
Inventory Turnover NA NM 13.0 0.6 NA NA NA NA

Equity Information Analyst Footnotes

Whether you are willing to accept companies that have or don't have major shareholders with controlling ownership blocks, Look for accounting changes, restructurings,
multiple classes of common, or convertible debt or preferred issues is a matter of individual preference. Look here for etc.which may affect how useful historic data is
anything along these lines that might make you more or less inclined to invest in this company. inassessing future company prospects.
Common Stock $.001 Par, 5/10, 450M auth., 184,295,937 issd. Insider control 11.9%. There are no analyst footnotes available at this time for
Exousia Advanced Materials Inc

Peer Comparison
This table gives an indication of how Exousia Advanced Materials Inc stands in key respects compared with companies in the Chemicals - Plastics & Rubber Industry
Current Fiscal Current Fiscal P/E Based on
Last Fiscal Year Year Projected Projected Year Projected Current Year EPS % Growth EPS % Growth
Company Name (Ticker) Revenue (mil) Revenue (mil) Price/Sales Operating EPS EPS Estimates Previous 5 Years Next 5 Years
Exousia Advance... (EXOU) $0.4 NA NA ($0.20) NA NA NA NA
Solvay S.A. (SOLB) NA NA NA NA NA NA NA NA
A. Schulman, Inc. (SHLM) $1,279.2 $1,584.4 0.4 $0.43 $1.72 11.7 (14.1) 12.1

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Exousia Advanced Materials Inc (OTC:EXOU) -- Chemicals - Plastics & Rubber/Basic Reuters Company Research
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Share Price Trends

Stock price trends depict the collective opinion of the investment community. You don't have to agree with consensus views but seeing how others feel can help you decide what to
look for as you go further in your analysis. Consider it similar to reading a review before seeing a movie.

1 Year Price Chart with Bollinger Bands and Relative Strength

Technical analysts believe a narrowing of the bands suggests a significant price movement, up or down, will soon occur. Also, many say stocks that move outside the bands and then
back inside will soon move toward the opposite band. The Relative Strength Index (RSI) calculates the strength of the current price movement compared to other recent moves and
may signal when a trend is unsustainable. Technical analysts also believe RSI peaks/valleys forecast changes in share price trends.

High: .45

$0.40

0.30

0.20

0.10

Low: .02
Relative Strength Indicator 100%
50%

Volume (mil)

Average Volume
0.13
Aug' 09 Sep Oct Nov Dec Jan' 10 Feb Mar Apr May Jun Jul

10 Year Price Chart (Monthly) 5 Year Price Chart (Monthly)

$2.00 $2.00

1.60 1.60

1.20 1.20

0.80 0.80

0.40 0.40

0.001 0.001
2001 2002 2003 2004 2005 2006 2007 2008 2009 Vol (bil) 2006 2007 2008 2009 2010 Vol (bil)

6 Month Price Chart (Daily) 1 Month Price Chart (Daily)

$0.28 $0.050

0.22 0.043

0.16 0.036

0.10 0.029

0.04 0.022

0.70
0.18
Feb' 10 Mar Apr May Jun Jul Vol (mil) Jul' 10 Vol (mil)

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Exousia Advanced Materials Inc (OTC:EXOU) -- Chemicals - Plastics & Rubber/Basic Reuters Company Research
Materials

General Sentiment
You can follow popular opinion or choose a contrarian's strategy. Either way, you should know whether the Street is bullish or bearish. Investor sentiment is typically positive when
the 50-day moving average is rising, especially if it's also above the 200-day moving average. Additionally, changes in price trend can be deemed more definitive if supported by

52 Week Price History

200 Day Moving Average $0.40

0.30

0.20

0.10

50 Day Moving Average

Volume (mil)
Average Volume
0.13
Aug' 09 Sep Oct Nov Dec Jan' 10 Feb Mar Apr May Jun Jul

Price History
Calendar Year 2001 2002 2003 2004 2005 2006 2007 2008 2009
High Price NA NA NA NA NA NA 2.05 1.01 0.78
Low Price NA NA NA NA NA NA 0.30 0.18 0.10
Year End Price NA NA NA NA NA NA 0.75 0.25 0.29

High P/E NA NA NA NA NA NA NA NA NA
Low P/E NA NA NA NA NA NA NA NA NA
Year End P/E NA NA NA NA NA NA NM NM NM
Dividend Yield NA NA NA NA NA NA NM NM NM

Price Performance Insider Trading

When stocks significantly beat or trail the S&P 500 or the industry, investors are looking more intently at company- specific Insider buying can be seen as bullish because,
matters than general-market factors. In the two percentile rank columns, a high "Rank in Industry" coupled with a low presumably, their company knowledge is superior.
"Industry Rank" could signify a hot stock in a cold industry. The reverse, is also noteworthy. However, insider sales are less reliable because
insiders may sell for a variety of reasons that have
Actual Percent vs. vs. Rank in Industry
nothing to do with their opinion of the stock.
Time Period Change Change S&P 500 Industry Industry Rank
4 Week (0.01) (36.0)% (41.9)% (48.5)% 0 100
In the last 6 months, there have been NA insider
13 Week (0.10) (80.8)% (79.5)% (79.2)% 0 41 purchases for a total of NA shares, and there have been
26 Week (0.26) (91.4)% (91.7)% (91.9)% 0 39 NA insider sales for a total of NA shares.
52 Week (0.25) (91.1)% (92.2)% (93.4)% 0 73
Net Change (6 months) NA mil
Year To Date (0.27) (91.7)% (91.8)% (92.4)% 0 56 6 Month Net Transactions NA

BarChartKey Rank Key Institutional Ownership

YTD R 4 Wk. Worst R Best 1 R 100 It's worthwhile to know what institutions are doing
simply because their stock positions can be so
Short Interest large. In the short term, stocks will perform well if
institutions are buying and perform poorly if
A high or increasing short interest implies that many investors expect the stock price to decline. You can treat that as a institutions are selling.
warning. Or you can disagree with the crowd and buy stocks with high short interest in anticipation of a short squeeze (a rally
that occurs when short sellers rush to buy a stock, fearing losses they might incur if they wait too long). Prospects for a 1 institutions own 0.0% of the 0.18 billion common
squeeze are indicated by high readings in the "Days to Cover" column (which tells how many days it would take for all short shares outstanding. This is lower than the average
interest positions to be covered if recent trading volume levels persist). The risk: The bears may be right. So research other institutional ownership of the Chemicals - Plastics &
aspects of the company. Rubber Industry at 61.6%, and lower than the average of
Month Shares % Outstanding Percent of Float Days to Cover the S&P 500 as a whole which is 73.2%.
July 2010 NA NA NA NA Net Change (3 month) 0.0%
June NA NA NA NA Net Purchases (3 month) 0.00 mil
May NA NA NA NA Shares Purchased (3 month) 0.00 mil
April NA NA NA NA Shares Sold (3 month) 0.00 mil

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Exousia Advanced Materials Inc (OTC:EXOU) -- Chemicals - Plastics & Rubber/Basic Reuters Company Research
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Stock Price Rationale

Determine if the stock price is justified by: growth-based value, comparative value, liquid assets, or dividends. The better the company, (in terms of growth or quality), the higher the
valuation measures can be. And if valuation ratios are extremely low, double-check to see if the company appears excessively weak. In any case, you don't have to say yes to any

Viewing Things In Context

Many people erroneously work with valuation ratios calculated based on numbers that aren't truly representative of a company's underlying sustainable financial characteristics. Thus
it's important to determine if today's sales and EPS are significantly depressed or elevated due to temporary factors such as business cycles. Higher ratios can be tolerated if sales and
EPS are temporarily depressed. But if the company is experiencing unsustainable boom conditions, seek lower ratios. GAAP = Generally Accepted Accounting Principles.

Fiscal Year Ending 12/31/06 12/31/07 12/31/08 12/31/09 12/31/10E 12/31/11E

Sales/Share NA NA NA $0.00 $0.00 $0.03 $0.01 NA NA
Price/Sales NA NA NA NA NM 8.42 45.46 NA NA
EPS (GAAP) NA NA NA ($0.04) ($0.09) ($0.22) ($0.20) NA NA
P/E (GAAP) NA NA NA NA NM NM NM NA NA
EPS (Normalized) NA NA NA ($0.02) ($0.09) ($0.22) ($0.20) NA NA
P/E (Normalized) NA NA NA NA NM NM NM NA NA
Dividend Yield (%) NA NA NA NA 0.00 0.00 0.00 NA NA

Valuation Based On Growth

The faster a company grows, the higher its stock's P/E can be. Contrary to popular belief, PEG (P/E over Growth Rate) need not always be 1.00 or less. But all else being equal, lower is
better (and 3.00 is usually too high). Try to favor company PEGs that are lower than industry and market PEGs. In all cases, watch for very high growth estimates. If overly optimistic
projections get cut, PEG would wind up being higher. FY = Fiscal Year.

Price/EPS (Est.) for Current FY Price/EPS (Est.) for Next FY Long Term Growth Estimate Next FY P/E over LT Growth
Exousia Advanced Materials Inc NA NA NA NA
Chemicals - Plastics & Rubber 20.02 11.57 7.33 1.40
S&P 500 15.31 12.98 11.07 1.37

Comparative Valuation Ratios Dividends

Valuation below industry or S&P 500 averages can be attractive - unless the company is materially worse in terms of quality Dividend is the most classic basis for
growth prospects. Year-by-year trends in comparative valuations can give clues about company merit. Be especially on guard stockvaluation, and high dividend yields are
if comparative ratios are deteriorating over time. On the other hand, relatively low valuations that are moving toward the usuallydeemed preferable. Today, with many
averages might indicate that the market is tuning in to heretofore under-appreciated company merit. companiesreinvesting profits back into the
FY = Fiscal Year, TTM = Trailing Twelve Months, * = Most Recent Quarter. business, moderateor low yields can be accepted if
Exousia Advanced Materials Inc dividends growrapidly. The main risk is that poor
performance willcause the dividend to be cut or
Price/ Price/ Price/ Price/ Price/ Price/Free omitted. A very highpayout ratio is one warning
Earnings Sales Book Cash Flow Tang. Book Cash Flow signal. Another is ayield that is very high relative to
Trailing 12 Months NA 0.93 * NA NA * 0.75 NA industry peers.
FY Ending 12/31/09 NM 45.46 (5.55) (1.50) (5.55) (6.37) TTM = Trailing Twelve Months.
FY Ending 12/31/08 NM 8.42 7.54 (1.17) NM (3.10)
FY Ending 12/31/07 NM NM 25.66 (9.44) NM (25.41)
FY Ending 12/31/06 NA NA NA NA NA NA EXOU Industry
Current Dividend Yield NA 2.1%
5 Yr. Avg. Dividend Yield NA 3.9%
Bar Chart Key 5 Yr. Dividend Growth Rate NA (10.3)%
2006 R TTM TTM Payout Ratio NA 71.6%
5 Yr. Average Payout Ratio NA 19.9%
Chemicals - Plastics & Rubber
Price/ Price/ Price/ Price/ Price/ Price/Free
Earnings Sales Book Cash Flow Tang. Book Cash Flow
Trailing 12 Months 37.01 0.75 * 2.12 19.58 * 5.85 27.50 Liquid Assets
FY Ending 2009 98.72 0.78 1.97 9.51 (7.49) (11.22)
FY Ending 2008 21.26 0.34 1.25 3.86 1.75 16.06 Get a general sense of the extent to which the
FY Ending 2007 23.51 0.95 2.09 7.91 3.00 37.11 stockprice is offset by the presence of assets that
FY Ending 2006 11.86 1.02 2.30 7.01 5.34 44.70 can beconverted to cash immediately or in the near
future. Often, these ratios will not be meaningful.
Most companies are valued as ongoing businesses,
rather than liquidation/buyout prospects. If you're
Bar Chart Key lookingat an especially troubled company, be aware
2006 R TTM
that seemingly liquid-asset windfalls can be
dissipatedby continuing operating losses and/or
S&P 500
shutdown costs.
Price/ Price/ Price/ Price/ Price/ Price/Free
Earnings Sales Book Cash Flow Tang. Book Cash Flow
Trailing 12 Months 18.88 2.36 * 3.41 12.88 * 5.01 21.82 Price to ... EXOU Industry
FY Ending 2009 20.53 2.36 3.21 12.00 3.65 16.30 General Working Capital (0.2) 4.7
FY Ending 2008 17.10 2.32 3.32 10.59 3.68 22.89 (current assets minus current liabilities)
FY Ending 2007 22.95 2.92 4.14 15.11 5.88 26.83
FY Ending 2006 20.72 2.92 3.83 14.14 5.31 29.91 Net Working Capital (0.2) (2.4)
(current assets minus all liabilities)

Bar Chart Key Cash (& cash equivalents) 50.0 10.4

2006 R TTM Cash minus total debt (0.3) (2.9)
Cash minus all liabilities (0.1) (1.1)

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Exousia Advanced Materials Inc (OTC:EXOU) -- Chemicals - Plastics & Rubber/Basic Reuters Company Research
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Footprints of Success
In many respects, business success requires subjective judgment. However, over time, good companies tend to leave good footprints, which become most visible when company data
is compared to industry/sector/market benchmarks. That's how you see when companies perform well, not just because a rising business tide lifts all boats, but because the company

Growth Rates (%)

Investors are accustomed to looking at EPS growth. Check sales growth, too. EPS gains can't persist indefinitely without good sales growth. Do further investigation if sales trends are
falling short. (A big short fall might reflect a divestiture. On the other hand, if sales growth looks too good, check to see if it's being boosted by an acquisition.) Also, compare sales
growth to capital spending growth. Over a prolonged period, it's reasonable to expect capital spending growth to more or less keep pace with sales growth. If the latter is significantly
higher, capital spending may have to accelerate in the next few years.
Company Rank EXOU EXOU EXOU
% Growth Rate EXOU Industry Sector S&P 500 in Industry vs. Industry vs. Sector vs. S&P 500
Sales Growth For Most Recent Quarter 5,301.8 35.6 20.4 18.2 95
Sales Growth For Trailing 12 Months 290.9 10.2 2.0 3.5 95
Sales Growth For Past 5 Years NA 1.9 7.8 9.5 NA NA NA NA

Capital Spending Growth for Past 5 Years NA 10.7 14.8 6.0 NA NA NA NA

EPS Growth for Most Recent Quarter 101.3 124.5 51.1 24.1 NA
EPS Growth for Trailing Twelve Months 31.0 81.3 19.7 13.5 NA
EPS Growth for Past 5 Years NA (28.3) 13.6 11.4 NA NA NA NA
Worst R Best = Co. underperforming = Co. outperforming

Company Quality
Some companies excel in obtaining high margins (watch out for very low tax rates, which may reflect special benefits that often won't persist indefinitely) while others are highly
efficient. Still others are strong in both respects. These trade-offs are balanced in the Management Effectiveness returns, which combine both factors. TTM = Trailing Twelve Months.

Company Rank EXOU EXOU EXOU

Profitability Ratios (%) EXOU Industry Sector S&P 500 in Industry vs. Industry vs. Sector vs. S&P 500
Gross Margin for Trailing Twelve Months 16.0 16.0 32.8 44.7 45
Gross Margin for Past 5 Years NA 15.2 31.5 44.5 80 NA NA NA
Operating Margin for Trailing Twelve Months (118.8) 6.8 15.3 19.4 NA
Operating Margin for Past 5 Years NA 7.9 13.8 18.3 NA NA NA NA
EBITD Margin for Trailing Twelve Months (115.8) 8.5 21.2 24.2 NA
EBITD Margin for Past 5 Years NA 9.5 18.5 22.9 5 NA NA NA
Pretax Margin for Trailing Twelve Months (195.3) 3.9 13.7 16.8 NA
Pretax Margin for Past 5 Years NA 6.4 12.8 17.2 NA NA NA NA
Net Margin for Trailing Twelve Months (195.3) 3.5 10.2 12.8 NA
Net Margin for Past 5 Years NA 4.7 8.7 12.1 NA NA NA NA
Effective Tax Rate for Trailing Twelve Months NA 29.3 29.3 28.6 NA NA NA NA
Effective Tax Rate for Past 5 Years NA 31.3 30.4 30.2 NA NA NA NA
Company Rank EXOU EXOU EXOU
Efficiency Ratios (TTM) EXOU Industry Sector S&P 500 in Industry vs. Industry vs. Sector vs. S&P 500
Asset Turnover 0.4 0.9 0.8 0.9 37
Receivables Turnover 4.1 7.0 7.5 10.9 NA
Inventory Turnover NA 7.8 7.7 13.0 77 NA NA NA
Revenue/Employee $476,129 $859,292 $543,657 $829,833 75
Net Income/Employee $(929,681) $26,810 $65,217 $105,551 NA
Company Rank EXOU EXOU EXOU
Management Effectiveness Ratios (%) EXOU Industry Sector S&P 500 in Industry vs. Industry vs. Sector vs. S&P 500
Return on Assets for TTM (69.7) 3.0 7.0 8.0 10
Return on Assets for Past 5 Years NA 4.9 7.7 8.3 0 NA NA NA
Return on Investment for TTM (126.2) 3.5 8.0 10.6 0
Return on Investment for Past 5 Years NA 6.4 9.8 12.0 10 NA NA NA
Return on Equity for TTM NA 8.9 17.3 18.6 NA NA NA NA
Return on Equity for Past 5 Years NA 13.7 20.1 20.1 NA NA NA NA
Worst R Best = Co. underperforming = Co. outperforming

Financial Strength
Quick Ratio (cash and marketable securities divided by current liabilities) and Current Ratio (all current assets divided by current liabilities) give a sense of how readily the company
could cover current obligations if the sales were to stop. Higher ratios indicate greater liquidity. Different businesses have different cash inflow-outflow characteristics, so compare
companies to industry averages. Similar comparisons are relevant for debt ratios (higher ratios indicate more debt and, hence, more financial risk) and interest coverage (lower
numbers signify greater risk).
Company Rank EXOU EXOU EXOU
EXOU Industry Sector S&P 500 in Industry vs. Industry vs. Sector vs. S&P 500
Quick Ratio 0.3 0.9 1.6 1.3 10
Current Ratio 0.3 1.8 2.6 1.8 19
Total Debt to Equity 37.0 106.8 80.1 74.0 75
Long Term Debt to Equity 0.0 92.5 73.7 66.6 94
Interest Coverage (4.3) 3.4 8.4 13.2 27
Worst R Best = Co. underperforming = Co. outperforming

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