Evolution
In 2013, as part of management’s commitment to enhancing its Tribal Empowerment Program, NAEG established a separate class of stock for all 566 federally recognized Native American tribes in the United States. Subsequent to establishment of the preferred class of stock, NAEG gifted 1000 shares to each tribe. As a result of this distribution by the Company, Native American tribes represent a significant portion of the Company’s registered shareholder base.
Due to the Obama Administration’s open door, foreign direct, investment policy combined with Asia’s continuous investment into North American energy projects, NAEG decided to explore similar partnerships in Asia in order to acquire and develop the large scale energy projects it had spent several years creating in an effort to deliver long-term value for our shareholders. In June 2013, the Company’s management embarked on a journey to Asia where it has spent the last 4 years developing key alliances that have led to a paradigm shift and expansion of the Company’s Tribal Empowerment Program (TEP).
As part of the paradigm expansion of its Tribal Empowerment Program, since 2013, NAEG has concentrated its resources and efforts in developing key financial relationships and development partnerships in certain emerging markets, such as Asia and Africa, where tribal and aboriginal communities still exist.
During the formation and subsequent cultivation of these financial relationships, NAEG had been given the opportunity to assess several projects financed and undertaken by its partners and their subsidiary development companies. In this regard, NAEG executives were advised of key issues hindering several investments & projects, and the Company’s advice was sought on how to overcome such issues.
Upon NAEG’s assessment and implementation of its recommendations, which had included certain enhancements to ground operations, community outreach efforts, linguistics, vocational skill training to locals and a formulated action plan to minimize the political opposition, the formula resulted in major improvements with the local community and resolution of the outstanding issues, and eventually…completion of the project.
It was this level of participation that elevated NAEG’s relationships with several global institutions that it has spent the last 3 years solidifying. The Company’s evolution from a niche market player to a far more multifaceted entity can be attributed to NAEG having concentrated its resources and efforts on the cultivation of key financial relationships.
The driving element of NAEG’s evolutionary development is not that the company has created a platform to execute its primary objectives; it is the collective intelligence of NAEG’s management, advisors and TEP members who have worked in collaboration to expand the Company’s global effort.
NAEG, in conjunction with its progressive partnerships, are now concentrating on several emerging markets regarding lucrative assignments located primarily in Asia, Africa and South America where tribal and aboriginal communities still exist.