Gateway Energy – GATEWAY ENERGY CORPORATION SUBSCRIPTION AGREEMENT Common Stock (November 16th, 2004)
Gateway Energy – Via E-Mail AND FEDERAL EXPRESS, Tracking No. 8472 3864 5457 October 21, 2004 Philip A. Wilson Chairman of the Board Gateway Energy Corporation 500 Dallas Street, Suite 2615 Houston, TX 77002 Ref: Board Resignation (October 26th, 2004)
After careful consideration, I regretfully resign from the board of directors of Gateway Energy Corporation, effective immediately. I am resigning because certain outside directors of this Company have engaged in behavior that I can neither condone nor prevent, and in other circumstances have refused to act on matters of obvious importance to the Company and its stockholders.