Viroment Equity

Closing the round early!

founder @ Viroment Equity

Published on Mar 7, 2021

We will be closing the round within a week.  We understand this is sudden, however, here is the schedule we will be following:

Step 1.  Close the round prior to or before 3-14-21 

Step 2.  Make an announcement directly to investors (First)

Step 3.  Make a public announcement (Second)

Step 4.  Re-launch with a new valuation.

Here are some important details/details we can share so you can make your own determination on investing or not investing before we close:

    • Execution of the business plan is exceeding the timeline.
    • If there were something negative we should probably disclose it when or as it happens (and there is nothing to report)
    • No additional stock will be issued, however, the price per share will change upon relaunch. If you are invested currently, then all of your stock right on track to meet or exceed those projections you originally understood.

    Now for the Construction Update!

    On Thursday this last week, Russ met the construction team and walked site #1.  We had a few follow-up meetings on Friday on some process controls related to the real-time manure filtering area which is unique to the industry.  

    The determination was made that if Sunday was in the 60 degrees or higher range with a little wind that we would start construction on Monday.  If not, then we would be delayed a day.  As I write this post the weather on Sunday calls for a high of 70 degrees and wind!  

    So it looks like Monday the race begins!  The construction team will be removing some of the crowned top cap (6 inches) and with those giant earthmovers, it will only take a few hours. We have decided it may be a good idea to raise the building up a few inches so we do not have to find so many places to use up the dirt so this process will be extremely fast. 

    Immediately, they are digging some of the deeper pits (there will be 5 pits that collect the liquid manure and process it in batches.  It is a relatively small area in comparison to the entire project and should be done early in the week. They will place in the forms and concrete will be pouring mid-week give or take a day.  I do have some ariel shots on their way to me and will post them shortly after received.

    Everyone involved is excited and is now finalizing site #2 for the site set up and permit the submission we hope late next week or the week after.  In the mean-time please enjoy a new little video we made.