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The Board of Directors of Kreido Biofules sets high standards for the Company's
employees, officers and directors. Implicit in this philosophy is the importance
of sound corporate governance. It is the duty of the Board of Directors
to serve as a prudent fiduciary for shareholders and to oversee the management
of the Company's business. To fulfill its responsibilities and to discharge
its duty, the Board of Directors follows the procedures and standards that
are set forth in these guidelines. These guidelines are subject to modification
from time to time as the Board of Directors deems appropriate in the best
interests of the Company or as required by applicable laws and regulations.
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