November 16, 2006
Dennis G. McLaughlin III
Chairman and CEO
Earth Biofuels, Inc.
Apollo Resources International, Inc.
Article by Seth Jayson, in “The Motley Fool”, dated November 10
I have been made aware of an article posted on a website, “The Motley Fool”. The article,
written by Seth Jayson, contains deceptive and inaccurate statements regarding the industry, the
companies, and me. The validity of the quality of reporting is questionable and due to the
venomous nature of the posting, I am compelled to provide a rebuttal to articulate the
mischaracterizations and inaccuracies.
After research of his record, it is apparent that Mr. Jayson has a bias against the renewable fuels
industry, Earth Biofuels in particular, and me, specifically. Attached is his bio posted on “The
Motley Fool” website which provides information as to his qualifications and personal interests
in publishing this article.
While some of the facts contained are accurate, they are taken out of context, are out of date, and
are placed in such an order as to deceive the reader. Often, only partial information is provided
so as to present the facts in the most inaccurate and negative light. Favorable information
favorable to the companies is specifically excluded from the article.
Many distinguished individuals and noteworthy celebrities have joined with management to
build companies which have the goal of becoming significant competitors in the emerging
renewable fuels market. Together, we continue to work to build companies that have long-term
sustainable profitability and achieve our stated goals. Building a company for long-term success
takes time, funds and a clear vision. I have personally invested a substantial amount of time and
money through the purchase of stock in Earth Biofuels and its parent company, Apollo
Resources. I believe in the companies and will continue to work to ensure that they are