Question 1

Do you intend to pay a dividend (post-conversion)?

Accepted Answer

Hi Craig! We do intend to pay dividends to shareholders post conversion. We anticipate a three to five year horizon for annual dividends to begin, as we will first prioritize reinvesting profits for growth and scale.

Question 2

Really liking this mission and plan. I was curious if you have issues with security and/or Nicaraguan governmental interference with your plan and do you have any concerns about these topics moving to the future? Thanks.

Accepted Answer

Hi Lance. We have not had issues with security or the Nicaraguan government to date. While Nicaragua has long been one of the poorest countries in the Western Hemisphere (only Haiti has been poorer consistently), it's also been the safest country after its neighbor, Costa Rica. The security situation got a little more difficult about two years ago when a series of protests around the country were fought pretty aggressively by the government, but we've still found the business climate there to...

Question 3

Have you thought about selling direct to consumers? Given your connection to growers and your sustainable approach, it seems like a no-brainer.

Accepted Answer

The short answer, Peter, is yes! We are definitely working on some plans for how we can offer some sales direct to consumers in the future. One of the reasons (among many) Jefferson and I were so excited to have Shayna join us on the Board is her expertise related to imagining and designing supply chain growth opportunities. She's been working with us to strategize some direct to consumer opportunities that leverage our strengths, which, as you point out, include connections to growers that w...

Question 4

Do you have 2020 financial data available? It would be good to understand how Covid-19 impacted business operations.

Accepted Answer

Hi Cameron, we don't have reviewed financials to share, but we will work on getting a 2020 financial update here that hopefully will answer your question. We definitely did see impacts of COVID-19 on our business. Overall. I would characterize the impacts as largely positive. As countries like China and India, two of the bigger sources for our anchor crops of turmeric and ginger, were impacted very heavily by COVID-19 and many operations halted, Nicaragua did not have a similar wide-spread sh...

Question 5

Congrats on exceeding the immediate goal. I am a $1000 investor. I understand that the funds are now in escrow. when will I receive the $1000 investor perks Doselva shirt and 100 grams of high-curcumin ground turmeric.

Accepted Answer

Hi Mark. Once we close the campaign, we'll be moving forward on getting out those investor perks. It'll take us a month or so to organize the logistics of getting addresses and shipping everything, but we're looking forward to connecting you to our product!

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