Happy Thursday!
As you know, in our project not only are you receiving shares in our tea company, but we're also giving you the income rights to some of our 22-year-old teak trees when they are ready to harvest in approximately 8 years. We realize that you are investing in a startup, and we feel confident that we will make this investment highly profitable, so to encourage you to invest we wanted to offer you a big incentive that has been around nearly my entire life!
We want to share with you some information on our plantation!
That's me! This April at our plantation.
Our plantation was started in 1997 with the help of the accounting offices of KPMG with the goal of growing high quality, sustainable teak. My business partner, mentor, and father Klaus Moeller wanted to create something that was both environmentally friendly and profitable!
Meet Guillermo Rugules!
For the past 22 years, Guillermo Rugules has managed our plantation, making sure that we have a healthy plantation. Guillermo has a Bachelors of Science in Agricultural Engineering from Oregon State University. He has taken extremely good care of our plantation and will continue to do so!
Surrounding our plantation are other ranches, farms, and plantations. Here are some cows we found right next to our teak!
I was there in April of this year to make sure the plantation was in great shape. We didn't want to launch this project without everything being perfect. When I arrived it was still the dry season, which lasts from mid-November to April. Below is a photo of the plantation during the wet season (taken last week by Guillermo!)
Here are some screenshots from google maps showing our farm. Every single one of our trees is geotagged!
Below please find the full legal location of our plantation! There is also link to a Google Map that should show the exact location of our plantation.
https://earth.google.com/web/@10.63203411,-84.5448759,125.24354011a,1119.45283185d,35y,0h,0t,0r
Registered in the Registro Público, Sección de Propiedad (Property Section of the Public Registry), A) District 13 Pocosol County 10 San Carlos of the Province of Alajuela, under the Title Number: 00333687-000, which description is as follows: (i) Situation: Land, (ii) Location: 13 (Pocosol), 10 Canton (San Carlos) of the Province of Alajuela. (iii) Boundaries: North: Tesoros de Pocosol S.A. South: Silvestres del Muelle S.A., East: Santa Rosa High School, West: Tesoros de Pocosol S.A, (iv) Size: One hundred and fifty six thousand and six hundred and forty eight square meters with fifty five square decimeters (156,648.55 m2), and with the server number A-0391567-1997. This property was purchased by the corporation on October, 2nd, 1997. This property has no annotations or any liens to the title. Farm is clearly marked for all practical purposes with fences, and all protection zones are followed as required by law. 15 meters from natural body of water is not planted.
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4 pics aren’t loading can you repost it again?
Hi Nash,
Below is a dropbox link that is a .pdf of this page. It won't look as pretty as the update but it will have all the information and images.
https://www.dropbox.com/s/oxaetvvsrypv23b/Invest%20in%20Teak%20Tea%2C%20Inc._%20We%20produce%20superior%20teas%20using%20leaves%20from%20our%20plantation%20in%20Costa%20Rica.%20_%20Wefunder.pdf?dl=0
Thanks for the update! Some of the pictures arent loading for me? Maybe I am the only one...
Pictures should be up and working but we've had complaints about this before. I'll forward this along to WeFunder.
very nice. From knowing your father through other investments I'm sure that you will be doing all that is possible to make this venture a success. The trees also gives us one extra guarantee. Wishing you all the best
Thank you Christos! We appreciate your support!
For sure!!!
if we invest how do you plan to pay on the harvested trees? Do you plan to take the entire value of everything harvested then divide that by the amount of investors?
If you received say $1000 gross per tree. What amount of the sale price would be forwarded to the investor after whatever costs and fees you would have?
Finally if the tea portion never takes off. Are you still planning to allocate harvested tree funds to the investors just the same?
Hi Todd,
This is a great question and I'm sure of interest to other investors. Please feel free to repost this to the Q&A so we can answer it more publically!
Distribution of income from the harvested teak trees is based on the Applicable Percentage, which is the total dollar amount invested per individual divided by the total dollar amount invested by all subscribers. For every $1,000 raised, we are assigning the income rights to one tree to our investors.
For example, if you invest $10,000 and we have $100,000 raised total, you receive 10% of the income from the harvest of 100 trees.
The entire net revenue from the harvesting of trees would go towards the investors. So if we receive $1,000 for the wood of one tree, the investors would receive that $1,000.
If the tea portion for whatever reason does not take off then the income from the harvest would still be distributed to the investors. Our family has funded this plantation personally for the past 22 years and will continue to do so.
We look forward to having you onboard!
Hayden Michael
Thanks for the update. How reliant are we upon Guillermo? How much risk is there of him leaving?
Guillermo has worked with us for the past 22 years and manages plantations in Costa Rica. Since we've been such a long term client he would love to continue working with us. There is very little risk of him leaving, however, if he ever did decide to one of his other managers would take over.