Blackbird International Corporation announced that its fully owned subsidiary, Wave Electricity Renewable Power OceanWERPO, has entered into a new agreement by which it is giving its building, patent rights and IP rights in exchange for a share in profits from projects Shahar will build on its own expense, BBRD will focus as well on new patents. WERPO has signed a deal with them that will allow Shahar Energy to fully pay for all the costs in building power stations around the world and raise the funding required for these large undertakings. Shahar agreed to return 20% of the profits to Blackbird International. Initially with this new agreement a 5 MW power station will be built and following the construction and the success of the 5 MW power station a 10 MW station will be built. The 5 MW station that is expected to generate $3,486,840 in revenue with a gross annual profit of $2,963,814 of which 20% shall be paid to Blackbird International generating $592,762 annual revenues for the company. The 10 MW plant shall generate double the revenue. Blackbird forecasts that Shahar will be able to build power stations that will generate revenues of $2 Billion over the next decade and which will provide Blackbird with $80 million in revenue.