OCTOBER,2014

Dear Shareholder,


I would like to update you on a number of important developments in the growth
of Blue Planet in the areas of: new personnel; projects and installations, testing; retail
products and the conversion of outstanding shares of the public company to the
privately held company.


New Personnel

Our product development and testing facility in Newmarket, Ontario has added
Justin Picard, a graduate of Durham Colleges waste water management program, to
our team. Justin is leading a project to design, develop and test an advanced waste
water management system, based on Blue Planets oxygenation h Units, for residential
cottage and farm use. In addition, Jack Newman, a sophomore in environmental studies
at Cornell University, and second year intern, is working on the design of a natural filter
system for water remediation and drinking water. Mariam Zohouri, a first year intern and
a junior at the University of Ottawa, is developing the marketing materials for our
program to provide schools with greenhouses and training in the use of our oxygenation
technology. The produce from these greenhouses will be used by the students in their
own cafeteria and sold to local food markets. Blue Planets technology will be
showcased in a rooftop greenhouse at the Henry Street Settlement in New York City.
The greenhouse is scheduled to be in operation in the late Fall/Winter of 2014.

Blue Planet Marketing Services (BPEM), in New York City, has also added
several employees to their professional staff. Filling the position of Director of Sales is
Jody Fitzpatrick, who prior to joining Blue Planet, has been responsible for introducing
new software and hardware technologies in IT, taking products from relative obscurity
and building global acceptance and multi million dollar revenues. Companies she has
worked for include Reader's Digest, SecureAgent Software and Delta Computer Group.
Over the last 20 years the majority of her client list has been comprised of Fortune 100
companies, many being in the New York financial vertical. Another new member of the
team, Henry Gordon-Smith, was added in May 2013 as Director of Strategy. Henry is a
sustainability strategist focused on urban agriculture, water issues, and emerging
technologies. He was born in Hong Kong and has lived in Japan, Germany, the Czech
Republic, Russia, Canada, Spain, Austria, and the United States; he speaks several
languages. Henry earned his BA in Political Science from the University of British
Columbia, Vancouver and an MSc in Sustainability Management from Columbia
University. Samantha Cohen is a new addition to the team as of January 2014.
Samantha has experience designing sustainable infrastructure networks and strategies
for water, sewerage, waste, energy, and stormwater for projects ranging in scale from
masterplans to buildings on both international and domestic projects. She has had
experience working as an executive project manager on public-space reuse projects
such as the High Line to designing sustainability strategies and infrastructure for new
multiuse developments. She holds a B.S. degree in civil & environmental engineering, a
minor in architecture, and a concentration in the visual arts from M.I.T.
Finally, Kamilia Guennouni has joined the BPEM team as a Operations Research
Analyst. Kamilia has focused on the development of capital and operational costs
estimates for several greenhouse projects and proposals. She holds a BS in
Management Science from Lyon III University as well as a BS in Applied Mathematics
from Versailles University in France.

Projects & Installations

As of August 1, 2014, Blue Planet has 24 on-going projects and installations.

Water Remediation

Morikami Gardens (Boca Raton, FL); Zoo Miami (Delray Beach, FL); LEGOLAND
(Carlsbad, CA); The Wyndham Hotel (Boca Raton, FL); PGA West, Majestic, Grey
Oaks, Oak Hill, New Canaan; and Briarcliff Golf Courses

Municipal and residential water bodies (San Bernardino, CA); Mimosa Lake (Sarasota,
FLA); and Halstead Fountain (New York City, NY)


Aquaponics and Aquaculture

Selovita (Fort Myers, FL); Yakima (Yakima Nation, WA); Windsong (Abbotsford, BC);
Sumas Lake (Abbotsford, BC); Sandy Point (Chillowack, BC); and Aquatic Enterprises
(Seattle, WA), Fresh City Farms (Toronto, ON)

Greenhouses

Village Farms (TX); Stonebridge Farm (NY); Henry Street Settlement (NY); Harlem
Grown (NY); PS 333 (NY); DANI (Thornhill, ON); and No Frills School Greenhouse
(Ontario)

Farm

Sweet Unity Coffee Cooperative (Tanzania)

The Sweet Unity Installation is a large scale project involving the oxygenation of
man-made, lined holding ponds and holding tanks to provide water for the growers own
use and for the watering of 6 to 10,000 coffee trees. This is the first time oxygenation
technology has been applied to coffee growing; in particular, in a drought prone region.
The oxygenation equipment will be in operation starting in the Spring of 2015 through
the watering of the trees in the Fall of 2015. This project has the potential for a positive
and significant impact on water usage in arid climates while providing sustainable and
healthy crop yields.


Testing

Blue Planet has tested both its h Unit and Nano Bubble Technology at one of
the most respected aquaculture universities, Auburn University. With the help of
Doctoral students under the watch of Dr. Boyd (who has developed several of the most
commonly used aeration technologies in the field today) the Blue Planet technology was
evaluated for both Oxygen Transfer and Transfer Efficiency.

The initial testing showed that both technologies have the ability to meet and
exceed the gas transfer produced by all other recognized technologies. During the
testing, it was remarked that readings of 150% saturation had not been achieved in their
facility before! We are anticipating getting a full report from Auburn University in the
following weeks.


Retail Products

The continuing growth of the company on the commercial side, as seen from the
on-going projects and installations, has been tempered by the lack of success on the
retail side. Blumark Industries, to whom we granted the retail licensing rights in specified
regions for our watering products, has produced very disappointing results. Blumarks
marketing of garden sprayers and sprinklers with our technology, under the name
PureRain, has been met with minimal market penetration. Blumark believes it has
gained valuable knowledge about the market and remains optimistic that they will be
able to gain traction with their products. We continue to participate in their efforts to
merchandise the sprayers and sprinklers, and their development of other consumer
products.



SHARE CONVERSION

As of December 15, 2012, Blue Planet Stock (Stock Symbol 9BP) was deleted
from the Entry Level of the Deutsche Brse. Blue Planet has since become a privately
held company. Minden Gross LLC, Toronto has provided Blue Planet shareholders with
information regarding the conversion of their shares in the public company to the
privately held company (please see link). Minden Gross LLC and Blue Planet have
prepared the documentation and instructions to shareholders in order to accomplish the
share conversion in a timely and equitable manner.


As new projects and installations come on line, they will be included on our
website.


Thank you for your kind attention to the information above.



Sincerely,







Richard Lonetto
President/Director