X0303 4 2010-04-01 0 0001417451 Master Silicon Carbide Industries, Inc. MAST 0000937862 KUHNS JOHN D 558 LIME ROCK RD LIME ROCK CT 06039 1 1 0 0 President and CEO Common Stock 2010-04-01 4 J 0 25657 A 162209 I By New World Power, LLC Such shares of the Issuer's common stock, par value $.001 per share (the "Common Stock") were issued to the Reporting Person pursuant to the Certificate of Designation, Preferences and Rights of Series A Convertible Preferred Stock (the "Series A Preferred Stock"), dated August 29, 2008, as dividends of the Series A Preferred Stock. Such dividend shares are accrued quarterly and payable on October 1, January 1, April 1 and July 1 of each year. Such shares are issued to New World Power, LLC. The Reporting Person is the owner of 100% membership interest and the sole manager of New World Power, LLC, and therefore shall be deemed as the beneficial owner of such shares. Darren Ofsink, Attorney-in-fact 2010-05-11